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form federal reserve board chairman, paul vcker, who heads up the enomic recovery ard for the president, he's publicly advocated this for e last year. 's been very open about it. he told reporterlast summer e president had said no to this. what changed theresident's mind? >> i just want youo know i'm ry close to paul volcker, ha enormous respect for himand the president and i have bee talking toim about this for a long period of time. anyou saw in the house bill that passed the hous and even in the draftenate bill, a provision that wasery reonsive to paul volcker's ideas,nd this provision would give t fed the authority to impo these types of restriions, exactly these types of restrictions. we thought it was time t provide a ttle more clarity about what this woulmean because we're at theritical moment wheree need to make the last puck to g reforms through e senate. >> woouff: why not do it earlier? >> aga, we've been working on this forome time, and-- but he thout now was the time to bring some clarityo it. >> woouff: and i also ask, because as you well know, the arvoices out there today

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[laughter] no one doubts that golf is a great, is a game requiring great skill, but so is bill ards. compare the honor and recognition we as society accord to the very best billiard players, to the honor and recognition and esteem that goes to the greatest athletes. so it is understandable that for the great golfers, the game at which they excel, if it can be played by riding around in a cart, it would be very difficult to sustain the social esteem that goes with being, with excel at an athletic event, rather than a game of skill like billiards. now this is to show the aristotlian, that airries to the he will -- aristotle had a point even remote to a concern about a golf cart. one final example to bring this out. consider the debate we're having today in states across the country about same-sex marriage. what is that debate about? let's start with the two main alternatives that have been presented in that debate. there are those who favor upholding traditional marriage. they say the state should only recognize marriage between one man and one woman. there are others who favor same se

but the performance of anthony macchi, jeremy ren ard are so good.an explosive ordnance unit, bomb squad in iraq. really tense scenes but it's a real personal -- it's sort of a real personal movie as well. great year for female directors. katherine bryn bigelow did a gr. >> number two, quentin tarantino's inglorious basterds. we have a clip here. >> my name is aldo rein and i'm putting together a group of eight soldiers, american-jewish soldiers. you might have been hearing dates but we will be leaving earlier. we will be dropped into france dressed as six civilians and once we're in enemy territory, as a bushwhacking military army we're going to be doing one thing and one thing only -- killing nazis. >> so number two for good reason. >> i really liked it. i thought it was a real challenging movie. first of all, it was my favorite tarantino movie since "jackie brown." i love saying that because i think "jackie brown" is underrated. the pulp violence you expect from tarantino, i didn't think it was gratuitous. but in this movie, these jewish soldier c

who ty can-- who they c rely on in terms of the government or aiagencies or other natns you know, i ard people say th they just-- they want help from whoever c provide it. >> ifill: ifore we're joined byreg elder for doctor without borders. he overseela trinite hospital in port-aurince but he's based in new york. and yves colon, a form "miami herald" rerter and editor who now teacs journalism at the university of miami. he was bo in haiti and and is involved with several haitn american groups ancharities rking in that country. professor colon, iant to start th you because i know you ha faly in haiti and i wonder the latest you havheard about their whereaboutss a the situation onhe ground. >> well, so far, no news whatsoever, gwen. it's really fre frustratin and i think that'shat's really botherg us here that we haven't been able to getny word about my familyspecific, about mom who lives there. she's all alone. and we've been spending, since last night, just looking at twiter and febook and all the other news chaels, hoping for rd. but , u know, it's been impossible. i keep calng and i h

oh yes, you ard a little about .n november 6, when they gave $62 billion to alof these parts that came in and looted a.i.g.all of you guys say "i knew notng about it." d yet it appears that this happened. >> reporter:he power of the growing backlash agast assistan to wall street may get another test tomorw when federal resee chairman ben bernanke is pected to face a senate vote on confirmation a second term. lehrer: next, a second economy story. this o about the fine line the federal reserve is wking. the fed annound today it plans to keep interest rates arecord low vels of near zero for an extended period of tim our economics correspondt, paul solman, examinethat strategy as pa of his continuing reporting on king sense of financial ns. >> ♪ as we go through this recession ♪ >> repter: investment advisor jon shaynender his nom de country, merle hazard,n the deral reserve's monetary mistrations to revive the economy. >> ♪ it's a mini-great depression ♪ our markets went bersk the fed is printing trlions now, but will t

and, you know, he was not only a member of the rat pack, but peter love ard, who's on the cover, was in the rat pack and married into the conditionty family -- kennedy family, and it was really considered the first marriage of politics and hollywood. >> i want to go back to sammy davis jr. very quickly because you said that sammy davis jr. was the first african-american to sleep in the white house, correct? >> well, that's correct. nixon rolled out the red carpet in sort of a way to have a little dig at kennedy because he wasn't at kennedy's inaugural. so he invited sammy davis jr. into the white house, set him up at the queen's bedroom and really kind of made it a night to remember. and that became as far as the research that i pulled up at the library in the national archive cans the first if african-american to be a guest at the white house. >> we've got three more here, let's go to the next one. and it's the pretty icon cantic, i think most folks have seen this one. this is richard nixon and elvis presley. >> sure. again, a great photo of elvis and nixon, the most requested photo

president said that was enough at a minimumç to g him on the no-y list in which case he wouldn't have ardednt as a career. you're a spealist in this particular area.v: do you leave theords... hearing the words of the present with a sense of confidenceç "w, final he, they're going to get tir act together and we're going to stop thiand they're going to stop... they're gog to start connecting theç dots, ecetera, et cetera, et tera"? >> well, look. this case was colicated by thfact thatç under the way we e intelligence,78p&h! h didn't ge the system what e system needed to move, to mo expeditiously. normally a walk-in to th embassy who ovides information on auspectedç rrorist is not going to be put at the t of the cue until he's imparng some actionable intelligenceç ich means somethg really specific. and this manasn't. >> lehrer: okay. let's move it tohe next step. if something similar happens today because ofhat almost happened over theç landing i detroit, thiwill not... this will be averted cause of the fact thathe president isç moving and the uted states government is moving and t wod

the stand ard one? or the alternative version that em replies inflation forecasts is the more reliable guide. and i have explained my preference for using inflation forecasts rather than actual inflation in the policy rule. monetary policy works with a lag and therefore policy decisions must be forward-looking. and one might still prefer the simplicity of the standard taylor rule that uses current inflation values. however, note from slide four that the proponent of the standard rule with current inflation values would have recommended that the fo mrks c replace the policy rate to a range of 8 to 7% during the first three-quarters of 2008 after the recession peaked and before the intention fiction of the financial crisis in september and october. that's a policy decision that i suspect would not have garnered much support among monetary specialists. in contrast, slide four shows the version of the taylor rule based on forecast inflation. that's the rule in green dots explained both the course early in t

my question is for admiral will a ard, these are issues brought up about oil and energy in general.hey have travel up to 2,000 kilometers. they can easily have an attack an aircraft carrier and we don't have anything for that. hopefully still under development and not actually capable. what issor navy's plans to protect the aircraft given the potential shift in power? protecting our navyrces closer of china itself. one element of the strategy by china, there is development of a ballistic missile that we believe is intended to target surface ships to include our aircraft carriers and it's an issue of major concern. we within our programs are protecting our capabilities to include our aircraft carriers from that. the details we would need to discuss in a closed session. >> this may put more emphasis on the need for the next generation bomber which is a forum that is a standoff and we sort of laid that aside recently and i wonder if we need to take a stronger look at that than what we are seeing here. >> when we approach the anti-access capabilities that are being developed here that w

you said that the private sector should be as or betterçççó ard than the government tow3 avoide irony.w3y other law-abiding ççcitizen in this state subjet to onerous regulations and prohibited them from being able to protect themselves and their families. we cannot deny man the right to life, liberty, and property. ownership in texas. >> you take your handgun at the grocery store? >> i do not. i observe the law. i do not take my hand and into grocery stores. >> i would like to, but i do not. >> next questionç for governor perry. the farm bureau says that the biggest reason it is opposing view in thist( election is imminent domain. not only have they opposed to -- opposed to -- some people feel like they've lost their shirt over this and it has not been fair. explain to the land of ours of texas why they should not be upset with you. -- landowners of texas. >> i spent a bigger part of my time on a farm. t(knowing what is going on -- i know that. the problem with that piece of legislation was not that i am not a proponent of eminent domain. as a matter of fact, we passed a very sweeping