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Apr 29, 2012
04/12
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i will go back to what adam smith said this morning. he said the content of my authorization was done without advice from the secretary of state. >> we can see the secretary of state's integrity highlighted by the way he went about it. there is a gap between some of the evidence we have hard. this highlights why we should wait for this inquiry to finish. >> he is absolutely right. this is a huge opportunity to get things right. we have heard evidence that has some flaws in it. anyone looking at it objectively will say that we need to look at all of the evidence and not jump to conclusions. >> there is a takeover bid. >> i am happy to identify all communications with his office. i will look into that matter. >> mr. speaker, the secretary of a came to the house -- is harming the house in the way he is answering questions. can the secretary of state clear up the statement and say it was absolutely untruth? >> there are allegations in an e-mail that that did not happen. i am unable to come to the house and say what the truth was or otherwis
i will go back to what adam smith said this morning. he said the content of my authorization was done without advice from the secretary of state. >> we can see the secretary of state's integrity highlighted by the way he went about it. there is a gap between some of the evidence we have hard. this highlights why we should wait for this inquiry to finish. >> he is absolutely right. this is a huge opportunity to get things right. we have heard evidence that has some flaws in it....
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Apr 25, 2012
04/12
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CSPAN2
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hunt, adam smith who is his special advisor has resigned over his role in news corp.'s attempted takeover of beskyb. the creative perception that news corp. had close relationships with the department of culture, media and sports run by mr. hunt. news corp. international chair chief executive rupert murdoch in the first of two days of questioning, today and tomorrow. investigating media ethics and practices. here's mr. murdoch's testimony from earlier today. >> on monday afternoon, i said this -- i understand the very real public interests in the issues that will be ventilated by the evidence. are also recognize the freedom that permits what is said to be discussed and the subject of comments in whatever way saw fit and i shall be interested in how is covered. for my part i shall approach the relationship for the press and politicians from entirely nonpartisan judicial perspective. that is the reason i was given this. i would hope that this approach will be made clear. when i said those words i had in mind some of the evidence that i anticipated we would hear, includin
hunt, adam smith who is his special advisor has resigned over his role in news corp.'s attempted takeover of beskyb. the creative perception that news corp. had close relationships with the department of culture, media and sports run by mr. hunt. news corp. international chair chief executive rupert murdoch in the first of two days of questioning, today and tomorrow. investigating media ethics and practices. here's mr. murdoch's testimony from earlier today. >> on monday afternoon, i said...
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Apr 30, 2012
04/12
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that is why adam smith decided to resign.ts statement, he said, "the contact and expense of my contact was done without authorization from the secretary of state." >> thank you, mr. speaker. a model professional. he knew -- >> hear, hear. >> he knew that the deal was controversial. can he explained what measures he talked to insure that the bid process was fair, transparent, and open? >> i have talked at length about the role of independent regulators. one of the points about getting that independent advice was that i published what they advised me to do before i made my decision. the whole country could see whether i acted in accordance with independent advice. this house and the country can be assured. this was conducted with scrupulous impartiality. >> told of the communications and of not being appropriate. either the secretary of state -- they followed due process and they should be fighting in defense of the innocents. if not, there should be due humility. >> due process in this situation means i take my decision impart
that is why adam smith decided to resign.ts statement, he said, "the contact and expense of my contact was done without authorization from the secretary of state." >> thank you, mr. speaker. a model professional. he knew -- >> hear, hear. >> he knew that the deal was controversial. can he explained what measures he talked to insure that the bid process was fair, transparent, and open? >> i have talked at length about the role of independent regulators. one of...
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Apr 26, 2012
04/12
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government special adviser adam smith described as point of contact between minister and murdoch bidding of control of the u.k. satellite broadcaster be sky b. material when james murdoch gave evidence yesterday had included damning picks and e-mails indicating a government bias towards newscorp. >> mr. secretary -- >> facing the house of commons, the secretary jeremy hunt paid tribute to his special adviser but insists he had acted with scrupluss fairness in his quasi judicial role overseeing the bid. >> our transcripts of conversation and texts published yesterday between my special adviser adam smith and a news corporation representative have been alleged to indicate there was a back channel through which news corporation were able to influence my decisions. this is categorically not the case. >> but if mr. hunt needed any reminder that he remains under pressure, he had to endure this taunt -- >> doesn't it prove the theory that when boys are in trouble, they sack the servant! >> words which echoed the scene sounded by the leader of the opposition just minutes before at a highly charg
government special adviser adam smith described as point of contact between minister and murdoch bidding of control of the u.k. satellite broadcaster be sky b. material when james murdoch gave evidence yesterday had included damning picks and e-mails indicating a government bias towards newscorp. >> mr. secretary -- >> facing the house of commons, the secretary jeremy hunt paid tribute to his special adviser but insists he had acted with scrupluss fairness in his quasi judicial role...
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Apr 19, 2012
04/12
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questions coming from the republican of california chair of the committee and congressman adam smith democrat from washington state. the ranking member. this is "washington today" on c-span radio. with more on today's developments in syria we're joined on the phone by the vice president for studies at the carnegie endowment for international peace. he's the author of "the arab center, the promise of moderation." thanks very much for being with us. >> sure. >> what are the options? what next can the u.s. do with regard to syria and what kind of support is there within the international community? >> it is difficult to, you know, see a quick end, unfortunately, to this crisis. the options are limited. there is no appetite in the international community for another military intervention. there is a divided opposition in syria and the question of whether to arm the opposition or not is not something that the opposition is united on. some don't armed, some say arming the opposition will further complicate the issue. and so the united states so far has to keep on trying the diplomatic opti
questions coming from the republican of california chair of the committee and congressman adam smith democrat from washington state. the ranking member. this is "washington today" on c-span radio. with more on today's developments in syria we're joined on the phone by the vice president for studies at the carnegie endowment for international peace. he's the author of "the arab center, the promise of moderation." thanks very much for being with us. >> sure. >>...
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Apr 25, 2012
04/12
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up next, we'll hear from adam smith, a democrat from washington.o not forget on c-span today you can see that hearing that is taking place in london dealing with rupert murdoch and james murdock on the issue of phone hacking. you may see a little bit from yesterday. here is a bit from james murdoch yesterday, dealing with the issue. [video clip] >> did you read "the news of the world" on a weekly basis? >> i would not say i read all of it. >> did you read "the son," i'm not saying every day. >> i tried to familiarize myself with what is in it. >> did you see any risks associated with this particular brand and its included delving into the private lives of celebrities and others. >> i think "the news of the world" brand as an investigative newspaper with expos days and the like was not only concerned with celebrities and gossip, but also on covering real wrong- doing, scandals, campaigning, and so forth. >> i am focusing on this part at the moment. the question was did you see any risks associated with those aspects of the brand? >> at the time, i c
up next, we'll hear from adam smith, a democrat from washington.o not forget on c-span today you can see that hearing that is taking place in london dealing with rupert murdoch and james murdock on the issue of phone hacking. you may see a little bit from yesterday. here is a bit from james murdoch yesterday, dealing with the issue. [video clip] >> did you read "the news of the world" on a weekly basis? >> i would not say i read all of it. >> did you read "the...
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Apr 24, 2012
04/12
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he's also an msnbc political analyst, and adam smith, political editor for the tampa bay times. e.j., this sure looks like an audition out there. and you can see what rubio thinks is his audition strength. talking about those poor parents of his, that he grew -- that family poverty is a recent experience for him and bringing a kind of passion to speech making that romney just doesn't have. >> which may be one of the big problems. it was an interesting line he took in that clip, don't get mad at mitt romney for being rich, you should try to be like mitt romney. that probably endeared him to mitt romney. rubio on paper is perfect because what does romney need? he needs florida and he really needs to shore himself up with the hispanic vote. but, unfortunately, no human being exists simply on paper. and rubio is young. he has, as far as i can tell, less elected experience than obama had and romney regularly says obama wasn't prepared to be president. and so i think he's got some liabilities. and then we're going to see how he vets. but, you know, on paper, he's absolutely perfect. >
he's also an msnbc political analyst, and adam smith, political editor for the tampa bay times. e.j., this sure looks like an audition out there. and you can see what rubio thinks is his audition strength. talking about those poor parents of his, that he grew -- that family poverty is a recent experience for him and bringing a kind of passion to speech making that romney just doesn't have. >> which may be one of the big problems. it was an interesting line he took in that clip, don't get...
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Apr 14, 2012
04/12
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CURRENT
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coming to us tonight are adam smith and stacy lambe creators of the "texts from hillary" tumbler.us inside "the war room." i got to get my blackberry. or my droid i should say. [ laughter ] >> i'll ask adam the first question. how did you come up with this idea? >> stacey and i were having a drink or . . . two, at the bar on wednesday night, last wednesday after work. and i said stacey have you seen this picture of hilary clinton. she has sunglasses on she is looking at her blackberry, and stacey said texts from hilary and i said perfect. >> like all good ideas made up at the bar. i'm toasting you with a glass of wine right now. >> we don't have one. >> you have your droids though. stacey when did you know that you had a viral hit on your hands? >> you know, i think what really set it off was in the morning, buzzfeed has actually posted it right away, and we had only had four posts up at that point, and they called it the best political mien they had seen all year, and when you get a label like that after four hits you are like oh my gosh from there it just went crazy, and i think
coming to us tonight are adam smith and stacy lambe creators of the "texts from hillary" tumbler.us inside "the war room." i got to get my blackberry. or my droid i should say. [ laughter ] >> i'll ask adam the first question. how did you come up with this idea? >> stacey and i were having a drink or . . . two, at the bar on wednesday night, last wednesday after work. and i said stacey have you seen this picture of hilary clinton. she has sunglasses on she is...
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Apr 16, 2012
04/12
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that would be sort of the common sense economic adam smith or libertarian view. it's not about how hard you work, it's about you're putting something out there, and are you being paid market rate for that. and then we can talk about is market rate fair, and that's what a lot of the debate is between the left and right. it's a very good debate, an important debate. there are big social class differences, that was my main finding in my dissertation was that the differences between brazil and the united states were actually smaller than the social class within each country. lower social class people are much more interdependent, they're much more vulnerable and, therefore, to ups and downs of fortunes, they tend to have stronger ties whereas wealthy people can be much more independent, they tend to be more autonomous, individualistic and selfish, actually, a new paper showing rich people are more likely to cut people off in traffic. there are big different -- money does all sorts of things. it's not all bad, but money and class are hugely important for understanding
that would be sort of the common sense economic adam smith or libertarian view. it's not about how hard you work, it's about you're putting something out there, and are you being paid market rate for that. and then we can talk about is market rate fair, and that's what a lot of the debate is between the left and right. it's a very good debate, an important debate. there are big social class differences, that was my main finding in my dissertation was that the differences between brazil and the...
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Apr 26, 2012
04/12
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adam smith described as the point of contact between the minister and the murdoch's, bidding for control for bskyb. material included apparently >>> e-mails -- damning emails -- the culture secretary paid tribute to the special adviser and insisted that he had acted would scrupulous fairness in his traditional role overseeing the bid. >> transcripts of conversations and text published yesterday have been alleged to indicate there was a back channel through which news corp. were able to influence my decisions. this is categorically not the case. >> defeated many reminders that he remains under pressure, heat -- a feat needed any reminders that he remains under pressure, he had to endure this taunt. >> words which at good the scene sounded by the leader of the opposition just minutes before at a charged session of prime minister's questions. >> while this culture secretary remains in place, while he refuses to come clean on his meetings with rupert murdoch, the shadow of sleaze will hang over this. when is he going to realize it is time to stop putting his cronies before the interest of th
adam smith described as the point of contact between the minister and the murdoch's, bidding for control for bskyb. material included apparently >>> e-mails -- damning emails -- the culture secretary paid tribute to the special adviser and insisted that he had acted would scrupulous fairness in his traditional role overseeing the bid. >> transcripts of conversations and text published yesterday have been alleged to indicate there was a back channel through which news corp. were...
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Apr 11, 2012
04/12
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of nations," adam smith said the wealthy should be taxed at a higher rate.eing taxed at 13% is more about the 1% than occupy wall street on their best day. >> one thing we can agree on is that rich get way, way richer under the republican proposal. >> that's mitt romney's proposal a proposal of the republicans and the house. i am not sure what we are going to get with obama. i am positive what we are going to get with romney the rich get more tax cuts. when we come back you know we always have interesting people in the studio. bobcat new 5 rpm gum. stimulate your senses. ♪ ♪ beth! hi! looking good. you've lost some weight. thanks. you noticed. these clothes are too big, so i'm donating them. how'd you do it? eating right -- whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multi-grain cheerios -- 5 whole grains, 110 calories. [ female announcer ] now get this: creamy, dreamy peanut butter taste in a tempting new cereal. mmm! [ female announcer ] new multi-grain cheerios peanut butter. if you have co
of nations," adam smith said the wealthy should be taxed at a higher rate.eing taxed at 13% is more about the 1% than occupy wall street on their best day. >> one thing we can agree on is that rich get way, way richer under the republican proposal. >> that's mitt romney's proposal a proposal of the republicans and the house. i am not sure what we are going to get with obama. i am positive what we are going to get with romney the rich get more tax cuts. when we come back you...
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Apr 10, 2012
04/12
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CURRENT
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of nations," adam smith said the wealthy should be taxed at a higher rate. being taxed at 13% is more about the 1% than occupy wall street on their best day. >> one thing we can agree on is that rich get way, way richer under the republican proposal. >> that's mitt romney's proposal, a proposal of the republicans and the house. i am not sure what we are going to get with obama. i am positive what we are going to get with romney, the rich get more tax cuts. when we come back you know we always have interesting people in the studio. bobcat golthwaite. he will explain when we come back. if you have copd like i do you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems glaucoma,
of nations," adam smith said the wealthy should be taxed at a higher rate. being taxed at 13% is more about the 1% than occupy wall street on their best day. >> one thing we can agree on is that rich get way, way richer under the republican proposal. >> that's mitt romney's proposal, a proposal of the republicans and the house. i am not sure what we are going to get with obama. i am positive what we are going to get with romney, the rich get more tax cuts. when we come back you...
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Apr 25, 2012
04/12
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adam smith, driven out of the department after he had given the impression that his boss had to close of a relationship with the murdoch empire. that did not silence calls from labor for the minister to quit. >> he and the chancellor met with rupert murdoch. the shadow will hang over him. rebekah brooks, and now the culture secretary? when is he going to realize that it is time to stop putting his cronies before the interest of the country? >> and anxious minister looked on as the prime minister insisted that it was for the inquiry to investigate, and no one should prejudge. >> that is the inquiry i have set up. where is the proper regulator of the press? whether it is cleaning up our financial system, dealing with our debts, what a pity. >> all of this was brought up with evidence when james murdock was questioned at the inquiry yesterday. what is at issue is what the truth is about the attempted multi-billion pound takeover of b sky b and the culture secretary's relations with james murdoch. murdoch was told by his advisers that he had managed to get some information, although absol
adam smith, driven out of the department after he had given the impression that his boss had to close of a relationship with the murdoch empire. that did not silence calls from labor for the minister to quit. >> he and the chancellor met with rupert murdoch. the shadow will hang over him. rebekah brooks, and now the culture secretary? when is he going to realize that it is time to stop putting his cronies before the interest of the country? >> and anxious minister looked on as the...
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Apr 4, 2012
04/12
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and while washington would some times use the invisible hand of adam smith, and then he saw no contradicts in turning to the visible hand of the use of government to run what he called laboratories, we called them factories. to manufacture the weapons that, that the, the republican needed to, to survive. it was that sort of flexibility that was a key to what was, what was, what was going on here. he kept cultivating the-- the art of silence. and reserving, that -- that -- in his conduct with others. he was of the first generation to use the phrase -- public opinion. but he was not a democrat. he thought it was important. he accepted the idea of the sovereignty of the people. he believed in -- in elections as fundamental to all of that. and it never occurred to hum that hum -- him that he should choose policies on basis of popularity. in that we he was different from what would come later. he thought it was important that he should show himself to the people. and so he toured the country twice, a huge labor to go from maine to georgia as he did. to, so that he could, represent to, to the am
and while washington would some times use the invisible hand of adam smith, and then he saw no contradicts in turning to the visible hand of the use of government to run what he called laboratories, we called them factories. to manufacture the weapons that, that the, the republican needed to, to survive. it was that sort of flexibility that was a key to what was, what was, what was going on here. he kept cultivating the-- the art of silence. and reserving, that -- that -- in his conduct with...
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Apr 14, 2012
04/12
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in particular, what if any will do you think adam smith scenario ascended the pace in nine. is it totally at odds in a separate row or is there a way to think about this in group cooperation or in terms of sympathy? >> that could take about an hour to answer. where are we on time? where should we start? very good. group selection is a very complicated and can i won't get into it here except to say the general story here is that in the social science there's been a lot of effort unless 40, 50 years to simplify things ended up the methods of the physical sciences instrument for sprint posts, individuals maximize themselves and build up and show how individuals might collaborate. you can get pretty far attack, but i don't think all the way. and i both explain why you need to see evolutionists working on multiple levels. she commuters genes, individuals are individuals and groups with groups. but the idea that groups compete with groups and we are defending the winning troops has been a heresy in scientific circles the 1960s. very few evolution theorists will talk about that. ve
in particular, what if any will do you think adam smith scenario ascended the pace in nine. is it totally at odds in a separate row or is there a way to think about this in group cooperation or in terms of sympathy? >> that could take about an hour to answer. where are we on time? where should we start? very good. group selection is a very complicated and can i won't get into it here except to say the general story here is that in the social science there's been a lot of effort unless 40,...
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Apr 30, 2012
04/12
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jeremy hunt testified on his relationship with the culture secretary and the special advisor adam smith. the opposition claims the relationship was improper and biased towards news corp. this is just over 30 minutes. >> thank you, mr. speaker. >> i am sure the whole house will wish to join me in paying tribute to sapper connor ray, of 33 engineer regiment (explosive ordnance disposal), who died on wednesday 18 april from wounds that he sustained in afghanistan. he was described by all who served with him as a superb soldier. his dedication and his courage will never be forgotten, and we send our condolences to his family and his loved ones. this morning i had meetings with ministerial colleagues and others, and in addition to my duties in this house i shall have further such meetings later today. >> i associate myself with the prime minister's tribute to sapper connor ray and, in doing so, ask my right honorable friend whether he will confirm that, although british servicemen and women are scheduled to leave afghanistan in 2014, the actual pace of withdrawal will be determined first and
jeremy hunt testified on his relationship with the culture secretary and the special advisor adam smith. the opposition claims the relationship was improper and biased towards news corp. this is just over 30 minutes. >> thank you, mr. speaker. >> i am sure the whole house will wish to join me in paying tribute to sapper connor ray, of 33 engineer regiment (explosive ordnance disposal), who died on wednesday 18 april from wounds that he sustained in afghanistan. he was described by...
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Apr 26, 2012
04/12
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here to discuss the negative influence of big money in this year's elections is adam smith, from publicampaign action fund. adam is joining us tonight from washington, and with me in the studio is lee fang. welcome to you both. >> thanks for having me. >> adam let me start with you. can you talk about -- i think the thing people are most interested in is the appearance of quid pro quo for this money. talk about that. what do people who give expect in >> sure. i think one they expect access. they want the ear of the lawmakers. they want to influence the policy-making process, and frankly they want a return on their investment. a lot of these done fors are big bankers. they made millions by betting big and getting returns on that. and they are hoping that a bet on romney will be good for their bottom line. >> you said two things that are very important. they want to influence the policy-making process, and they want a return on investment. these donations happen -- i'm a former politician. i know how this goes. nobody says i'm giving this to you in exchange directly but there is sort of a
here to discuss the negative influence of big money in this year's elections is adam smith, from publicampaign action fund. adam is joining us tonight from washington, and with me in the studio is lee fang. welcome to you both. >> thanks for having me. >> adam let me start with you. can you talk about -- i think the thing people are most interested in is the appearance of quid pro quo for this money. talk about that. what do people who give expect in >> sure. i think one they...
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Apr 25, 2012
04/12
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CSPAN
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next, we will discuss this and spending with representative adam smith of washington, ranking memberee. representative michael mccaul, a texas republican, will talk about cybersecurity -- he chairs the homeland security subcommittee on oversight. we will take your questions about the future of the postal service. and we will be joined by our and we will be joined by our
next, we will discuss this and spending with representative adam smith of washington, ranking memberee. representative michael mccaul, a texas republican, will talk about cybersecurity -- he chairs the homeland security subcommittee on oversight. we will take your questions about the future of the postal service. and we will be joined by our and we will be joined by our
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Apr 24, 2012
04/12
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CSPAN2
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adam smith. you saw that name? would that help? we can have a look at this exhibit. the other important health warning is it is difficult to understand this material without knowing what was going on in terms of the currency of the bid, the formal albeit commercially confidential information on behalf of news corp. which is the secretary of state -- i will introduce that. we understand where we are with different materials. the first page is zero 1642 on the internal numbers. the fifteenth of june, 2010, this appears to be a confidence call involving you and mr. michele and mr. cable. is that right? >> i am not sure i recall fred being on the telephone or not but he was there with me. it was a direct call to mr. cable from the other day we announce the proposal to make an offer. >> the call went well. he did say there would not be -- would not be a policy issue in this case and mr. michele -- we should have reported him -- in a sense that is ironic on two levels. he didn't see much on top of it. made the announcement. you told him in relation to the size of our group
adam smith. you saw that name? would that help? we can have a look at this exhibit. the other important health warning is it is difficult to understand this material without knowing what was going on in terms of the currency of the bid, the formal albeit commercially confidential information on behalf of news corp. which is the secretary of state -- i will introduce that. we understand where we are with different materials. the first page is zero 1642 on the internal numbers. the fifteenth of...
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Apr 25, 2012
04/12
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CNNW
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. >> transcripts of conversations and texts published yesterday between my special adviser adam smithntative have been alleged to indicate there was a back channel through which news corp. ration were able to influence my decisions. this is categorically not the case. >> got to love british parliament. there's a lot of yelling there, so much that the culture secretary who's also in charge of the olympics had to sit down and wait it out. once things calmed down, he continued until the next outburst. >> however, the volume and tone of those communications were clearly not appropriate in a quasi judicial process and today, adam smith has resigned as my special adviser. >> make sure you stay tuned for more on this one tomorrow. rupert murdoch, back on the stand. i have some new video i want to show you right now. i want you to watch this plane. look at that. pretty shaky. winds of 50 to 60 miles an hour. chad myers, help us out. not that unusual, but the video, right? it's not that unusual. >> it's not. >> it's a little bit unusual for america because they would say no, let's change the r
. >> transcripts of conversations and texts published yesterday between my special adviser adam smithntative have been alleged to indicate there was a back channel through which news corp. ration were able to influence my decisions. this is categorically not the case. >> got to love british parliament. there's a lot of yelling there, so much that the culture secretary who's also in charge of the olympics had to sit down and wait it out. once things calmed down, he continued until...
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Apr 30, 2012
04/12
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if you go back in the history of economics, go back and look at adam smith they didn't even use the word incentive, and yet today to open up an economic textbook, one of the first claims the students would come to is that economics is fundamentally about incentives and this isn't actually a new thing and it reflects the increase in addition of economics and of economists for their subject which is really something that's coming in the last few decades, the same period that we are discussing of the market triumphalism. i went back and looked at paul samuelson's introductory economics textbook in the late 50's. the was the most influential textbook in the 50's and the 60's. he defined economics as being about traditional economic subjects, inflation, unemployment, interest rates, foreign trade, stocks, that kind of thing. that increasingly economics is being defined as say science of everything and that is where the language of incentives and incentivizing comes in and it's not restrictive to the economic textbooks, this language as you mentioned as now defined in corporate life, you find
if you go back in the history of economics, go back and look at adam smith they didn't even use the word incentive, and yet today to open up an economic textbook, one of the first claims the students would come to is that economics is fundamentally about incentives and this isn't actually a new thing and it reflects the increase in addition of economics and of economists for their subject which is really something that's coming in the last few decades, the same period that we are discussing of...
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Apr 29, 2012
04/12
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language of incentives, and now this new term "insent -- "incentivize" and go back to early economics, adam smith, they never used the word "incentives," and if you open up an economics books, # one of the first claims students came to is that economics is fundamentally about incentives. it's the science of incentives, and this is an actual thing, and it reflects the increased ambition of economics and of economists for their subject which is really something that's coming in the last few decades, the same period of time we're discussing. market triumphantism. i looked at paul samuelson's introductory economic textbook. in the late 1960s, that was the most influential textbooks, and he described economics as traditional economic subjects -- inflation, unemployment, interest rates, foreign trade, stocks and bonds, that kind of thing, but increasingly, economics is being defined as a science of everything, and that's where the language of incentives and incentivizing comes in, and it's not restricted to economic textbooks. this language, as you mentioned, is now you find it in corporate life. you f
language of incentives, and now this new term "insent -- "incentivize" and go back to early economics, adam smith, they never used the word "incentives," and if you open up an economics books, # one of the first claims students came to is that economics is fundamentally about incentives. it's the science of incentives, and this is an actual thing, and it reflects the increased ambition of economics and of economists for their subject which is really something that's...
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Apr 29, 2012
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we are programmed to follow the leader, the mechanism where adam smith showed us how these invisible hand can do this better. just doesn't, maybe it makes sense to you, but it doesn't make sense to most americans. i do these pieces, which tried to explain to people, and andrea rich are sitting over here, runs a charity who gives and the high school student to so at least we can introduce these ideas, and i support do i hope you'll supporter, give her your card. but it is an uphill climb. and i see this again and again. one example of the success of private markets is in south america. i mean, the basket case that is in central and south america. one country is doing quite well, that's chilly. the biggest reason is because this guy named josÉ tenure, the finance minister, created private social security accounts. so instead of trusting the government to give you money, everybody has a little savings book and they can watch the money appreciate and it makes them think about their own money and investment to answer this simple innovation, chile has prospered. and i give president bush c
we are programmed to follow the leader, the mechanism where adam smith showed us how these invisible hand can do this better. just doesn't, maybe it makes sense to you, but it doesn't make sense to most americans. i do these pieces, which tried to explain to people, and andrea rich are sitting over here, runs a charity who gives and the high school student to so at least we can introduce these ideas, and i support do i hope you'll supporter, give her your card. but it is an uphill climb. and i...
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Apr 30, 2012
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if you go back in the history of economics, if you go back and look at adam smith and the early economists, they didn't even use the word "incentive." and yet today if you open up an economics textbook, one of the first claims students will come to is that economics is fundamentally about incentives, it's the science of incentives. and this is an, actually, new thing. and it reflects the increased ambition of economics and be of economists for their subject which is really something that's come in in the last few decades, the same period of time we're discussing of market triumphalism. if you open -- i went back and looked at paul samuelson's introductory economics textbook from the late '50s. that was the most influential textbook in the '50s and '60s. he defined economics as being about, well, traditional economic subjects; inflation, unemployment, interest rates, foreign trade, stocks and bonds, that kind of thing. but increasingly, economics is being defined as a science of everything, and that's where the language of incentives and incentivizing comes in. and it's not restricted to ec
if you go back in the history of economics, if you go back and look at adam smith and the early economists, they didn't even use the word "incentive." and yet today if you open up an economics textbook, one of the first claims students will come to is that economics is fundamentally about incentives, it's the science of incentives. and this is an, actually, new thing. and it reflects the increased ambition of economics and be of economists for their subject which is really something...
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Apr 24, 2012
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adam smith who went to see "swan lake." how did you interpret this at the time >> again, i thought that these -- the conversations were going through the staff level and i think when you interweave and i've been told some of the text messages and other things that are between mr. smith and mr. michelle, it would support that i think mr. smith and i shouldn't speculate, i think mr. smith and mr. hunt worked et -- were at "swan lake" together. >> that answers that. has with previous emails, i don't know that i'm going to dwell on the detail, you've been given further insights as to mr. hunt's then current view, weren't you? >> this is about feedback around the negotiation with various parties, the o.f.t. and offcom on the undertaking. which was a lengthy negotiating process. i mean, we're now in almost the middle of february. >> page 78, 07179, michelle to you, i met with alex samon's advisor today. he will call hunt whenever we need him to. what do you think that was about? >> i think it was previously when i went understand
adam smith who went to see "swan lake." how did you interpret this at the time >> again, i thought that these -- the conversations were going through the staff level and i think when you interweave and i've been told some of the text messages and other things that are between mr. smith and mr. michelle, it would support that i think mr. smith and i shouldn't speculate, i think mr. smith and mr. hunt worked et -- were at "swan lake" together. >> that answers that....
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Apr 25, 2012
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adam smith. you saw that name? would that help? we can have a look at this exhibit. the other important health warning is it is difficult to understand this material without knowing what was going on in terms of the currency of the bid, the formal albeit commercially confidential information on behalf of news corp. which is the secretary of state -- i will introduce that. we understand where we are with different materials. the first page is zero 1642 on the internal numbers. the fifteenth of june, 2010, this appears to be a confidence call involving you and mr. michele and mr. cable. is that right? >> i am not sure i recall fred being on the telephone or not but he was there with me. it was a direct call to mr. cable from the other day we announce the proposal to make an offer. >> the call went well. he did say there would not be -- would not be a policy issue in this case and mr. michele -- we should have reported him -- in a sense that is ironic on two levels. he didn't see much on top of it. made the announcement. you told him in relation to the size of our group
adam smith. you saw that name? would that help? we can have a look at this exhibit. the other important health warning is it is difficult to understand this material without knowing what was going on in terms of the currency of the bid, the formal albeit commercially confidential information on behalf of news corp. which is the secretary of state -- i will introduce that. we understand where we are with different materials. the first page is zero 1642 on the internal numbers. the fifteenth of...
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Apr 26, 2012
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yesterday, congressman adam smith came on our program and talk about the defense budget.video clip] guest: the defense budget has doubled since 2002, ended doubled in response to 9/11. there is no question about that. the threat is and was very real. without question, there is no question the defense budget could be brought under control. it doubled. over the next 10 years, we can find savings. the president proposed nearly $500 billion in reductions. that is something i said i support. i think that is appropriate. we can build a strategy to protect us within that number. we need to look for savings anywhere we can. host: chairman mckeon, your response? guest: when adam smith is talking about the budget having doubled, inflation has accounted for a lot of that, and because they kept the war expenses outside of the budget, that is also a big part of that. we passed the actual budget, and on top of that, we paid for the war effort. that has been running -- when we were fighting in both iraq and afghanistan -- about $150 billion a year. we know that is going away over the fu
yesterday, congressman adam smith came on our program and talk about the defense budget.video clip] guest: the defense budget has doubled since 2002, ended doubled in response to 9/11. there is no question about that. the threat is and was very real. without question, there is no question the defense budget could be brought under control. it doubled. over the next 10 years, we can find savings. the president proposed nearly $500 billion in reductions. that is something i said i support. i think...
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Apr 25, 2012
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. >> on washington journal, we will discuss defense spending with adam smith of washington.haelmccaul joins us. he chairs the homeland security on oversight. we will take questions on the postal service. we will be joined by leo pfeifer. >> rosie o'donnell was the president was the first choice to be here this evening. she withdrew citing a nasty and brittle confirmation process. i was not even the second choice. dennis miller was the second choice but he was hung out on an illegal nanny technicality. >> i must say, i thought when you got into office he would put a swift and to your pickup basketball -- basketball planned. first black president playing basketball. one step forward, two steps back. are you any good it? i bet you think your game is really nice right now. >> this weekend c-span will offer live coverage of the event saturday night. c what other comedians have said at this dinner online at the video library. >> the author of arizona's immigration law before a senate hearing today from capitol hill. russell per se and other state officials talk about the constitut
. >> on washington journal, we will discuss defense spending with adam smith of washington.haelmccaul joins us. he chairs the homeland security on oversight. we will take questions on the postal service. we will be joined by leo pfeifer. >> rosie o'donnell was the president was the first choice to be here this evening. she withdrew citing a nasty and brittle confirmation process. i was not even the second choice. dennis miller was the second choice but he was hung out on an illegal...
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Apr 30, 2012
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of judgment -- >> using adam smith as my invisible hand, why did i make or decisions that were against what news corp. want? -- wanted? the reality is that this was traditional process and i explained the steps i took to do that. >> does the secretary of state agree with me that fred meshaal's view that the business sector "saw no problem with the bid" describe the fancy world this man appears to be living in? >> the evidence suggests that was also an exaggeration, that is why we must see all the evidence from all sides and allow the lord justice, who is truly independent in this process, no political bandwagon to jump on, to allow him to come to consider it conclusions -- >> leaving the house of commons to go to john brennan, giving remarks on at the president's counterterrorism policy at the wilson center in washington but he is being introduced by jane harman of the wilson center, former member of congress. >> as i see it, a great tribute to the kind of work we do here. we care intensely about having our most important policy makers here, and in getting objective accounts of what th
of judgment -- >> using adam smith as my invisible hand, why did i make or decisions that were against what news corp. want? -- wanted? the reality is that this was traditional process and i explained the steps i took to do that. >> does the secretary of state agree with me that fred meshaal's view that the business sector "saw no problem with the bid" describe the fancy world this man appears to be living in? >> the evidence suggests that was also an exaggeration,...
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Apr 25, 2012
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. >> on "washington journal" tomorrow morning, we'll discuss defense spending with adam smith in washington. representative michael mcthis caul, a texas republican joins us to talk about cybersecurity. we'll take your questions about the future of the postal service with a staff writer and we'll be joined by a student cam winner. he will discuss his documentary, who owns free speech, with james duff, the c.e.o. of the museum. >> rosy orgs donnel was the president's first choice to be here this evening and she withdrew citing a nasty and brutal confirmation process. [laughter] i wasn't even the second choice. dennis miller was the second choice but he got hung out by an illegal nanny technicality. but isn't that what the confirmation process is how about about here in washington, weekend out the truly qualified to get to the truly available. >> i thought that, you know, when you got into office, you would put a swift end to your basketball pickup plan. come on. first black president playing basketball. that's one step forward two, steps back. [laughter] and really, are you any good? i bet yo
. >> on "washington journal" tomorrow morning, we'll discuss defense spending with adam smith in washington. representative michael mcthis caul, a texas republican joins us to talk about cybersecurity. we'll take your questions about the future of the postal service with a staff writer and we'll be joined by a student cam winner. he will discuss his documentary, who owns free speech, with james duff, the c.e.o. of the museum. >> rosy orgs donnel was the president's first...
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Apr 19, 2012
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. >> joe is for free markets and adam smith and everything except the american league east. >> right,uld play for nothing. they really would. and judging by their performances the past week, that's exactly what they should be paid. [ laughter ] >> mike, can you speak to the degree to which on talk radio in boston the hair is on fire? i have friends up there who say you can't go to a channel without them screaming the sky is falling. >> you know, it's such a small market. it's like living in the palm of your hand. and the red sox have always dominated the conversation when it comes to sports. and right now, there's thousands of people involved in setting up their self immolation kits. [ laughter ] >> as they head out to the bus stop or the t stop. watch this. [ laughter ] >> i want to remind our friends in boston, 150 games left. in the season. >> yes. >> and lose most of them. >> we'll be live from fenway. baseball commissioner bud selig will join us. also, the great peter gammons, an institution up there in boston. >> and lenny clark will be around. >> it will be a big day starting a
. >> joe is for free markets and adam smith and everything except the american league east. >> right,uld play for nothing. they really would. and judging by their performances the past week, that's exactly what they should be paid. [ laughter ] >> mike, can you speak to the degree to which on talk radio in boston the hair is on fire? i have friends up there who say you can't go to a channel without them screaming the sky is falling. >> you know, it's such a small market....
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Apr 28, 2012
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is to be challenged because the principles of economics remain as they were when adams seven -- adam smith first articulated them in 1776, a good year with the declaration of independence, and the principles remain the same. the constitution was meant to secure principles such bad free people can exchange in free -- participate in free exchanges. host: we are discussing the 10th amendment, state rights, with michael seidman and roger pilon. back to the phones. in new jersey. independent line. thank you for waiting. caller: 1 we talk about the federal government, we are talking about people, right? i live in new jersey. i'm free to live in arizona, texas, anywhere i want to read some of the governors today are not native to their states. i think the whole thing of state rights are blown all out of proportion when we have to live in a country that has come in lot. -- that as common law. host: mike seidman? guest: so, this is one of the ways in which the country has changed dramatically since 1776 or 1789. travel at that time was what -- was much less frequent. the identity was within the sta
is to be challenged because the principles of economics remain as they were when adams seven -- adam smith first articulated them in 1776, a good year with the declaration of independence, and the principles remain the same. the constitution was meant to secure principles such bad free people can exchange in free -- participate in free exchanges. host: we are discussing the 10th amendment, state rights, with michael seidman and roger pilon. back to the phones. in new jersey. independent line....
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Apr 25, 2012
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supreme court oral arguments will be taking place among the guests tomorrow will be congressman adam smithhington and member of the house armed services committee to talk about a member of the defense related issues and putting u.s. involvement in afghanistan and syria and the u.s. detention policy. we also talked to rachel of congressional quarterly to discuss the senate action on the future of the postal service. the hemorrhaging about $18 billion a year, the be made in the senate over whether to end saturday surface. also, the discussion on postal service closing, post office closings, and some of the processing by the postal service. and we will introduce you as we are doing all week to the studentcam top place winners, part of c-span's studentcam contest. held tomorrow morning on c-span washington journal 7 a.m.. four-o'clock for those of you on the west coast. the continuing campaign coverage from tonight with the event and north carolina. and the comments of newt gingrich as he spoke to supporters following the results tonight in the primaries in the northeast. >>> kissinger had the
supreme court oral arguments will be taking place among the guests tomorrow will be congressman adam smithhington and member of the house armed services committee to talk about a member of the defense related issues and putting u.s. involvement in afghanistan and syria and the u.s. detention policy. we also talked to rachel of congressional quarterly to discuss the senate action on the future of the postal service. the hemorrhaging about $18 billion a year, the be made in the senate over...
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Apr 11, 2012
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and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalistic economist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live still within a protective sort of bubble of our thought process, that we are in a closed economy, and economic system. so for instance if you give companies more money for wealthy people more money, they will think are lambasted to make more money? which is great if you're in a closed system. but at the most efficient place to spend the money and use that money as a business person is to invest abroad, then we have got a major jobs problem. likewise on the consumer side, if consumers to the most prudent things, which is go to wal-mart rather than somewhere else to get a lower dollar amount come over to t
and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalistic economist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live...
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Apr 11, 2012
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and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalisticonomist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live still within a protective sort of bubble of our thought process, that we are in a closed economy, and economic system. so for instance if you give companies more money for wealthy people more money, they will think are lambasted to make more money? which is great if you're in a closed system. but at the most efficient place to spend the money and use that money as a business person is to invest abroad, then we have got a major jobs problem. likewise on the consumer side, if consumers to the most prudent things, which is go to wal-mart rather than somewhere else to get a lower dollar amount come over to the
and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalisticonomist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live...
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Apr 11, 2012
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and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalistic economist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live still within a protective sort of bubble of our thought process, that we are in a closed economy, and economic system. so for instance if you give companies more money for wealthy people more money, they will think are lambasted to make more money? which is great if you're in a closed system. but at the most efficient place to spend the money and use that money as a business person is to invest abroad, then we have got a major jobs problem. likewise on the consumer side, if consumers to the most prudent things, which is go to wal-mart rather than somewhere else to get a lower dollar amount come over to t
and what jennifer and i sort of noticed and linked to say is that adam smith, you render the great capitalistic economist talking about middle hand. he said when people make efficient decisions and decide to work martini bar, they decide to buy a cheaper product in an expensive product. all those decisions create the invisible hand where money and resources is the most efficient places. and that is exactly what we have experienced. we have watched as our jobs have migrated elsewhere and we live...
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Apr 13, 2012
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reagan understood what adam smith, the author of "the wealth of nations," told us so many years ago -- the duty of the sovereign is to protect us from the violence and invasion of another independent society, which can be performed only by military force. what is the state of our defense budget today. under barack obama, he has cut $1.5 trillion from our defense budget. it will cripple the united states internationally. right now, ladies and gentlemen, we have and maybe that has 285 ships at sea, -- we have a navy that has 285 ships at sea. that is the lowest number since 1916. we have the lowest number since the first world war. and every prospect is it will continue to decline. the obama administration has essentially gutted our national missile defense program. you know, we all watched that north korean missile explode after 60 or 90 seconds in flight and were happy that was the outcome to be sure. [applause] but you know, ladies and gentlemen, it is not a defense policy to hope that your adversary's missiles do not work. [laughter] and that appears to be the core of obama's missil
reagan understood what adam smith, the author of "the wealth of nations," told us so many years ago -- the duty of the sovereign is to protect us from the violence and invasion of another independent society, which can be performed only by military force. what is the state of our defense budget today. under barack obama, he has cut $1.5 trillion from our defense budget. it will cripple the united states internationally. right now, ladies and gentlemen, we have and maybe that has 285...
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Apr 25, 2012
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s special advisor, adam smith. the opposition claims their relationship was improper and biased toward news corporation and called for the culture secretary's resignation. this is 30 minutes. >> i'm sure we want to pay tribute to the explosive ordinance specialist who tied from wounds sustained in afghanistan. he was the scribed as a superb soldier and we send our condolences to his family and his loved ones. this momping i tissue this morning i had meetings with my ministerial colleagues and others and in addition to my duties in this house, i shall have further meetings today. >> i should like to associate myself with the prime minister's tribute to conner ray and ask my right honorable friend if he'll confirm that although british servicemen and women are scheduled to leave afghanistan in 2013, the actual pace of withdrawal will be determined by the need to minimize risk to our armed forces serving in afghanistan at the time. >> i can confirm that by the end of 2014, we won't have anything like the troops' numbe
s special advisor, adam smith. the opposition claims their relationship was improper and biased toward news corporation and called for the culture secretary's resignation. this is 30 minutes. >> i'm sure we want to pay tribute to the explosive ordinance specialist who tied from wounds sustained in afghanistan. he was the scribed as a superb soldier and we send our condolences to his family and his loved ones. this momping i tissue this morning i had meetings with my ministerial colleagues...
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Apr 2, 2012
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adams hosting number six notre dame. wrigley athletic complex. unassisted bull's-eye. notre dame would answer. caitlin corgan ties up the game 5-5. all loy ella led by hanner smith shh myth. a freshman. tremendous goal here and now loyola was in the driver's seat. annie thomas to sidney thomas. they're not related. and the loyola rolls over the irish 17-11. no terps in the women's time four in denver. doesn't mean there september a local hero. baltimore's brit in mallory saved the the best for last as her notre dame fighting irish took on uconn in the semifinals. game one final seconds. skylar digens misses the put back by natalie norv sol.
adams hosting number six notre dame. wrigley athletic complex. unassisted bull's-eye. notre dame would answer. caitlin corgan ties up the game 5-5. all loy ella led by hanner smith shh myth. a freshman. tremendous goal here and now loyola was in the driver's seat. annie thomas to sidney thomas. they're not related. and the loyola rolls over the irish 17-11. no terps in the women's time four in denver. doesn't mean there september a local hero. baltimore's brit in mallory saved the the best for...
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Apr 30, 2012
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smith is back in jail. he is locked up. but if he earns enough behavior credits, he could be released before the end of the year. reporting live, adam may, wjz eyewitness news. >> and while on probation, smith also failed to complete a treatment program. >>> we want to update breaking news we told you about earlier today. carjacking suspects are arrested, trying to get away from police. sky eye chopper 13 over frederick road, near the city- county line. police say two men carjacked as many men at gunpoint in baltimore. they were arrested after a short pursuit. right now, police are looking for the gun used in the crime. >>> a rare murder of a tourist stunned the nation's capital. police believe it was part of a series of attacks. and now, one of the victims is speaking out. wjz is live. mike hellgren has the story. >> reporter: after the initial contact with the suspect, the victim says he couldn't imagine he would be attacked. washington, d.c.'s mayor has said the suspect is likely mentally ill. >> reporter: the random attacks terrorized the petworth neighborhood in the nation's capital. five people were beaten with a hammer. one,
smith is back in jail. he is locked up. but if he earns enough behavior credits, he could be released before the end of the year. reporting live, adam may, wjz eyewitness news. >> and while on probation, smith also failed to complete a treatment program. >>> we want to update breaking news we told you about earlier today. carjacking suspects are arrested, trying to get away from police. sky eye chopper 13 over frederick road, near the city- county line. police say two men...
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Apr 6, 2012
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adams and don's from atlanta. >> and your radio operator? >> radio operator's, again -- yeah. hersh from allentown, pennsylvania. and jimmy smith from albamars, north carolina. >> so you all move out that day. and a lot of people have said you were weighted down. the whole group was weighted down with a lot of -- you know, moving a lot of materials. >> a lot of -- well, i won't say a lot but we had equipment that normally -- anticipating being flown out soldiers carry a lot more stuff than they would if they had to pack it. we normally had -- but the canteen, the two canteens of water and extra ammunition. but again, a lot of -- we had gotten resupplied and so lots of resupplies that we had we still had because we didn't do -- we didn't expend a lot of ammunition that night so, again, even the ammunition that we expended we replenished in the morning. so i wouldn't say we were burdened down but it was an unusual load for an air mobile company to be carrying. and it was unusual for an air mobile company to be walking around in the woods because normally airplanes came, picked us up and we got a free ride. so i wouldn't say we we
adams and don's from atlanta. >> and your radio operator? >> radio operator's, again -- yeah. hersh from allentown, pennsylvania. and jimmy smith from albamars, north carolina. >> so you all move out that day. and a lot of people have said you were weighted down. the whole group was weighted down with a lot of -- you know, moving a lot of materials. >> a lot of -- well, i won't say a lot but we had equipment that normally -- anticipating being flown out soldiers carry a...
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Apr 8, 2012
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complimentary things by sarah by john quincy adams and henry clay who didn't get along well with her husband. she was a gracious, elegant first lady. mr. smith had mentioned the sumptuous furnishings. sarah surprised folks that this wife of a democrat would have an interest in fashion and fine european imports. french gowns and elegant gown. one of you commented on her size, 5'2", very petite, wore a size 3 shoe, obviously a small waist. but it's sarah's sense of style reflected in the furnishings. the french vases, chandeliers. i mentioned this table, a gift right at the end of his presidency, from a friend, a diplomat in after friday california the egyptian marble with eagle and 30 stars for 30 states. if you look, and a list of when states come into the union you'll notice texas, iowa and wisconsin. florida came in the day before he became president but polk added territory in the west that would become states. now most of present day new mexico, western colorado and all of utah, yef, washington. all of that came into the country. united states truly became a continental nation for the first time during his presidency. >> we focus on jame
complimentary things by sarah by john quincy adams and henry clay who didn't get along well with her husband. she was a gracious, elegant first lady. mr. smith had mentioned the sumptuous furnishings. sarah surprised folks that this wife of a democrat would have an interest in fashion and fine european imports. french gowns and elegant gown. one of you commented on her size, 5'2", very petite, wore a size 3 shoe, obviously a small waist. but it's sarah's sense of style reflected in the...