ou know at the person across the aisle fm you at work or at church is also pang 10% 11%, whevert is, of their paycheck. thatounds so fair to me. snds so logical. and yet thaisomethi tt is shard to change with all of thenterest groups thataffe e appearance and shape of our tax de. i do want to encourage, as weo along, everyone to go into ericaspeakingout.coand igh in on ideas th we've prosed reduce the federal debt d ficit and stimulate the cono and take the shackl off the american entrepreneu and also jt weigh inand ge your own thohts about how we might do it. i'd like to talk about one of the lls thai have spsore and it's a w to reduce the numb of deral employees without fing anybody. and it is a bill thwould provide that. ifyou look at the rve f here to my leftyour right you'll see that federal empymenover in e year 2010, whh is the farthest bar away fr me, hasbsoluly skyrocketed and this is fer vernment emoyment, fu time uivale, excluding the postal service. it has grown leaps d bounds. n, how so the landing r the people that we hired in a way that will allow ourconomyo turn to no

at u.s.yber command, we approach these tasks by ensuring the right balance of integrating cyber and technical capabilities. we will pull together existing cyberspace resources to create better synergy and synchronization of were fighting a fax to defend the dod information networks. we're a great defense, offense, operations, and will leverage technical capabilities to provide a coherent a fax for strategic operational and tactical commanders. all of the steps support the armed services' ability to conduct high tempo, effective operations while protecting pommand and control systems and cyber infrastructure. in closing, i like to leave you with some thoughts on how we can translate these imperatives into mission success to operate effectively in cyberspace and how we can achieve these effects that we want. we must first understand our networks and build an effective cyber such relational awareness and real-time through a shared operating picture. we must share indication and wore a threat tha

host: at the table is bob benenson, senr analyst at "cq weekly."imaries, run off, a ver significant day that intel as a lot of stories about november. but let us get right to it. the state that has lots and lots of people talking is arkansas. what is at stake here and what is this race between senator lincoln and the lieutenant governor and become so competive? guest: first of all, of today's primaries this has the most immediate impact. blanche lincoln is fighting for her political career, if she loses, she is done. blanche lincoln is a classic southern democratic centrist, which means she is a bit more moderate, conservative on some issues than the democratic mainstream. although there are some democratic activist, labor unions who really lobbied against her, who don't like that. in another election year, middle-of-the-road incumbents like blanche lincoln sometimes are regarded as a thoughtful and the liberty. but for party activists they say, no, we want these members of congress to vote theay we want them to vote and when we don't, sometimes we

we don't look at the cases we think have a lot at stake. our job is to make sure feeeral country. >> all the cases are hard. the only reason we take them, as some of my cclleagues may tell you, is that other courts are in disagrremenn. most of the time. and that means that other judges and other actors in the legal system have come to differing conclusions. every case is that way. >> most people think they have a right to come to the court. for the most part, you don't. not this court. maybe the court of appeals, you normally do, maybe the state courts of appeal and finally the courts that don't have discretionary jurisdiction. courts of last resort maybe they have a right to gg to those, bu3 discretionary. in other words, we decide if you come. >> you can tell if there is a case on a particular hot-button issue that people are going to give it a lot of a, but i have to say that doesn't enter into our process of deciding. a lot of our dock et is very mundane. you go through and decide 90 cases. probably a half dozen are ones that will make

now a closer look at efforts to cap the well and at that computer model we just saw showing how far theil may flow we have professor of petroleumy yo science at the university of houston. he spent 20 years in the oil business. and we hope to be joined by nancy keener, an environmental engineer and codirector of the coastal response research center at the university of new hampshire. first, tell us how difficult is this latest cut and cap effort. should work much better than the containment effort did because they're going to be able to actually get a slight seal on to the lower marine riser package and in the past they just had a containment dome that was open up to the sea and in this case, they will actually have at least a bit of a seal to try to keep most of the water out and the biggest issue that they have to worry about right now are the ice crystals that could clog up the pipe. >> woodruff: what determines whether this works or not? what's the key here? >> the key will be if they're able to successfully position it over top the blowout. there's a significant amount of pleasure a

there are very good at this. they are very good at this. they will learn to squeeze more money out of this turnip that they have in their hand. i am determined that that will not happen. stable and profitable does not mean ever bigger and fewer. who was it that said it airlines are looking for stability and profitability? that does not mean that there should be fewer of them. they're always talking about rationalizing capacity. rationalizing capacity, consolidating, too much capacity in the market. that was not the purpose of deregulation. we did not say that we were going to kick the government out of pricing so that the airlines to consolidate and have more power, we wanted more competition in that marketplace. didn't you remember that you had more options and more choices in the previous era? have the machinists kenyan and the asa ever had to face each other in a consolidation? not yet. >> not yet. >> i am doing my darndest to make sure that that outcome does not happen. in a hearing in this room in 1990, and i was chair of that aviation

fwe look at iraq, what turned things around. putting in david petraeus was critical, and resource were critical. he has done both things in afghanistan. the other part that was critical which people don't pay allegation much attention to was the quality of civilian leadership. ambassador croaker was absolutely critical to the success, and the president's own personal commitment-- that's commitment of time, commitment of energy, and commitment of will. and that is part of what he has to do. >> ifill: you can respond to that. >> i was just going to say i think he has made the commitment. he shaved the goal down to a manageable, potentially achieveable level from a while -- a fanneddacy of democratic afghanistan, and he's tripled the forces which is huge commitment. i certainly don't disagree there's dysfunction , also. but i think his commitment to is-- can't--. >> ifill: david, let's talk about this deadline, the july 11 beginning to pull outta date. i don't think he exactly called it a pull-out date. but there is still some disc

i want to look at the top end. six of the 19 stress tested banks hold real-estate loans that are a big percentage of their capital. with the commercial real estate losses, because of the way they are set up, they're likely to be much larger in 2011, 2012, and on into 2013. how can we be confident about the stability of these financial institutions without rerunning the stress tests to account for leeding troubles in commercial real estate lending? >> as i said, these loans and law sets -- losses and assets are board to be a challenge -- are going to be a challenge. i think it is fair to say that actual losses on the books -- again, this is a question that weelook at all the time on a regular basis. based on what we have seen so far, the losses are better than what we have projected. therefore, the capital is even better than what we thought we had achieved. >> we know the loss is on commercial real estate. those are coming up in 2011, 2012 and 2013 for a major reset. i'm glad that you think the numbers look better

they're at war with hamas. has a right to know whether or not arms are being smuggled in. >> woodruff: meantime, international mideast envoy tony blair said the blockade of hamas-ruled gaza has been counter-productive. >> my view is the blockade of gaza has to change, to stop. we need a better policy for gaza. but we needed that even before this incident occurred. >> woodruff: in jerusalem, israeli prime minister benjamin netanyahu insists lifting the blockade would open the door to illicit arms shipments to hamas. >> ( translated ) : now the rockets and missiles that iran is trying to get into gaza-- and some are already there-- at aimed at tel aviv, and jerusalem. it is our responsibility and our right, accordinging to international law and common sense, it is our duty to prevent these weapons from entering via airways, the sea, and the ground into gaza. >> woodruff: the blockade will be tested again in the coming days. an irish cargo ship may try to break through the israeli cordon as early as tomorrow. for

host: you can watch it at your desk if your interested at c-span.org at our supreme court hearing hub. you can control the cameras and you can watch, there's a camera focused on elena kagan and or you can watch the actual television feed. georgia. wayne, independent line. hi. caller: good morning c-span. i think that elena kagan will pau a terrible judge. i think she'll be in the line of justice sotomayor, extreme left and doesn't have much of a paper trail. but we do know that she's became active about kick tag military off campus at harvard and the gay marriage issue. as we look at sotomayor, without the paper trail, you basically have to look at who did president barack obama select the first time? justice sotomayor, her background, pretty obviously. i mean, she attended to the supreme court. nine of them were reversed when she was a circuit or public court judge. she also a member of the extreme left wing latino group that believes that - host: she's already on the court - call cow yes, but peter, the only way we can - the only way we can um... we got to make a decision on elena k

you are looking at cities at once. places like los angeles to new york -- you are looking at 50 cities at once. i did not necessarily view the plots as any indication of a radical infusion of ideology here. i think we will continue to see the ups and downs in the coming years. whether some of these affiliate's like the arabian peninsula get comfortable enough so they can organize some pretty heavy-duty plotting against this country. if you combine safe haven and combine that with intent, eventually we will get hit. i do agree there's been an increase in plotting that we have seen. but i do not think it has reached the level where i would say, we are sitting on a hotbed of revolution. i'm kind of surprised it came this late. i thought we would have seen this in 2004, 2005. not over act because one of them will get through. what's his name in new york, shahzad, he is an amateur until he gets the fuses right, and then he is a pro. >> let me underscore that these are people who americans see glimmers of in themselves and t

shares were halted here at the new york stock exchange at 1:03 eastern time because of a big drop in shares mysteriously 17% down. so circuit breakers kicked in. five minutes later it was realized this was an erroneous trade. the trades were canceled. shares resumed at 1:08. by the closing bell the stock was down about 5%, 3.73 on citigroup shares. the new circuit breakers that regulators put in, they're working. today was evidence of that. hopefully if this situation happens again it will prevent one of those flash crashes that we saw in may from happening. >> sreenivasan: anchor of the nightly business report on pbs, thanks so much. >> great talking to you. >> sreenivasan: house and senate negotiators will reconsider part of their deal on financial regulation reform. the bill needs 60 votes to advance in the senate but several key republicans now oppose a fee on big banks and hedge funds. the bill lost the democratic vote with the death of west virginia senator robert byrd. president obama voiced confidence today after meeting with federal reserve chairman ben bernanke. >> senators

we are looking at the future when we look at that. >> i was at dinner and one person was talking abouthis topic. he said the state and public universities will have to go to all computers. i said fantastic, then all the rich kids get to be taught by humans at colleges and all the kids with less money get to be taught by machines. i said, i think there could be some social outcomes from that they could be less than significantly positive. one of the things one has to try to do is find ways where it is not a replacement for, it is enhancement of. it is how you learn more fast -- faster and more broadly. it seems to be a mechanism where people say let's do these technology platform so that we can lower our costs. at the university level, we find that it does not necessarily lower costs. i am is going to throw out to anybody right now, what about this use of technology? the president of the university of maryland, baltimore county technology. >> first of all, is important to think about how teachers are prepared to deal with children who are not happy. large numbers of america's children a

at. mostly everybody in my family has been military. i had an uncle -- my father was in the second world war. brought up through vietnam and korea. at the same thing. i don't believe we are doing this the right way. i understand afghanistan and pakistan and the situation there. and we are just not doing it the right way. if we are going to go in and win, go in and win. if you are going to go and play games just to drag things out for more money and more this and that, it doesn't make any sense. host: veronica, a democrat. reston, virginia. caller: thank you for your public service. first, my background. both my parents worked for the cia. and i have several questions. i hear about the training of the afghan military. now, we have been there, 80 years? either we are deliberately not trying to train afghan military or the united states army is pathetically incompetent. and after eight years, we should have had a stand up afghani army of, what, 300,000, 400,000 troops, but we don't. and on t

it seems to me -- i want to go back to at happened at moody's to some extent. 100 years ago,ohn moody started trading railroad bonds which you know a lot about. they are relatively simple instruments. now they are raiding complex instruments. maybe i should turn to mr mcdael is on this question. somef the -- some of them are skewed in favor of your property rating. inour pricing, i have learned from our investigation, our nds on residential mortgage-backed securities, you [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] and 3.50 basis points for the tranches that were rated subordinated. it seems you should put less in the supported tranches. it is similar to a difficulty that we discovered in the mortgage-brokerage situation where mortgage brokers were sometimes compensated at twice the percentage rate for generating a mortgage that had a higher interest rates payable to the lender than a traditional mortgage which then incentivize them twice as much to direct borrowers into sub-prime mortgages and -- to otherwise may ha

starting at $12.99...to this special edition o "larry king live." we're marking the one-year anniversary of michael jackson's death. jermaine jackson returned to forest lawn with me for the first time since his brother was laid to rest there it's a beautiful place, but jermaine wants michael at neverland, as he told us during a visit there last year. hi, jermaine. needless to say, this is unbelievable. where are we? >> we are looking over neverland. this is what he considered as the ultimate joy, the ultimate happiness, the ultimate wonderment, the ultimate peace. this is neverland. >> larry: and this is one small part of this whole picture, right? >> yes. this is one small part. there is so much more. other valleys beyond these hills here that are just flat surfaces. mt. catherine around here. >> larry: named for your mother. is that it will? >> yes, it's the part that's shaved off. it's a police we would colace w the children. and there would be birthdays. when we wanted to come out here it was booked wi

but we have what we call at cnn disasters now. you know, they're at every disaster. they report everything. so, you know, back other years, we didn't have a cnn. but i don't think it's just the reporting. and we always try to keep up with it and follow it. look at china that's been hit so hard. it's just -- i don't know. it's changed. and we don't have one-inch rain anymore or half inch rain. it's either three inches or 10 inches. you know, it's just different. and i don't know if i remember it this hot this time of year. >> questions? yes, right back here, sir. >> the newsy seen on tv and i've been reading has given me the impression that the government's response to the oil spill in the gulf has just been disorganized to the point of chaos, and i'd like to know, is that your impression too or something else? >> i think that -- i think that the federal response to that has been -- i think it's been good. it's a difficult response. they've been working very closely with b.p. in trying to -- in trying to stop the oil and put as much assets that the federal government

i was present at at the first outreach and at the end of october, 1979, when dr. brzezinski met with the leadership of the iranian government, prime minister, defense minister, foreign minister basically said we accept your revolution-- resolution. we will sell you all the weapons that we contracted to sell the shah and they said give us the shah. three days later after that meeting, our embassy was seized in two weeks later all three of those people were out of power. every subsequent president has reached out to the iranians. no president more sincerely and with greater effort than president obama. this is one case where i don't think-- where i think the arrogance frankly has been on the other side of the table, not on the american side of the table. >> thank you for yielding and thank you mr. chairman. >> senator murray. >> thank you very much mr. chairman and thank you to all of you. i want to start with you because as you well know among the troops serving us in afghanistan today many are in fort lewis in my home state during the frontlines of the stryker bri

an explosion at a coal mine in central china has killed at least 47 workers. government officials said the mine was operating illegally since its permit expired earlier this month. and in southern china, the death toll from heavy flooding rose to 175 people. torrential downpours have destroyed thousands of homes, turned roads into rivers and caused damages of more than $2 billion. colombia has a new president elect. juan manuel santos won 69% of the vote, the largest margin in modern history in an election marked by low turnout. santos celebrated with his supporters in bogota last night. he is a u.s.-educated economist who plans to continue the security policies of outgoing conservative president alvaro uribe. firefighters in arizona battled a growing wildfire on the outskirts of flagstaff. strong winds spread the fire quickly to 13 square miles. about 300 firefighters fought the blaze, using helicopters and air tankers. evacuation orders were in place for several hundred homes near downtown flagstaff. the high winds were expected to continue today, as a feder

, but at least a dialogue -- a confrontation, but at least a dialogue. i think what came out of that was a promise to follow up and take into account what the families were asking in terms of debt certificates, compensation, and what happened to their loved ones during that particular episode. there is some movement. i cannot say that it probably satisfies those who were involved, those who have their loved ones killed there, but it is some measure of the fact that there can be some dialogue, in some instances. there have been some releases of people from prisons, including some people who would -- who had been held beyond their terms for different offenses. also, again, going back to the sheik, he has been trying to pushhthe envelope, whether through the media or through his efforts with respect to the rehabilitation of former terrorists. i would not say that this is no chance of reform. what i would say is that it is a very delicate issue and that there are people there who are seeking to try to reform, but it is going to be a very difficult process. i

s survival is at stake? >> i didn't think survival was at stake a couple of weeks ago when we were just analyzing things in a rational sense of cash flow, assets, and you know, the ability to, you know, for a very large company to deal with a very bad environmental disaster. in the past week we've seen, i think, a lot of political hysteria kick in. although i also think that this coming week we're going to see some of that political hysteria slow down. i think that people are going to back off. i understand that the new prime minister of great britain is going to discuss it with mr. obama this weekend, the deputy prime minister was talking about megaphone diplomacy. these are-- these are things that grown-up nations need to understand. >> sam fleming, we've been reading stories about how the, in britain there are politicians saying american politicians are being unfairly tough on b.p.. how much of that is actually going on. and what does that represent? >> i think that's quite a recent development over the p

treasuries at the interest rate at which they were being offered. now, the alternative we have when that occurs is to raise the interest rates because, for heaven's sakes, we're on track to need the money to have to bbrrow the money, the treasury can't come back to congress and say, we can't sell them at that interest rate, you all are going to have to cut, that's not he treasury's job. the treasury's job is to issue u.s. treasuries to cover our debt. but when nobody will buy them at the rate for which they're being offered, their only alternative is to raise the interest rate and issue them again. so the borrower, the purchaser of those debts gets a higher return and they get it from people who are paying taxes. so more and more of your tax dollars is going to go to pay interest on the national debt. problem is, as the gentleman from florida pointed out, we're not taking in enough money this year to pay what we're going to spend this year. we didn't take in enough money last year to pay what we spent last year. we're not going to take in enough mon

now i have said "ass" at the npc. great. -- he was talking about the early 1950's, when the british parliament and the burning of -- banned the burning of coal in open fireplaces. he said they thought their way of life would collapse, yet within three years, no one remembered that they used to burn coal in open fireplaces. it was a regulatory decision by a responsible governing body that set the standard. also with regard to this question, and i do want to pitch some of the questions to john, because it is his area of expertise. the definition of leadership -- taking responsibility to enable others to achieve purpose in the face of uncertainty. what is certain is that blowing up mountains is not appropriate. that must stop. some of the other technologies, i frankly think or little less -- are a little less uncertain then this questioner -- than this questioner put forward. has anyone read van jones' amazing book? there are solutions out there. john? >> [inaudible] [ashley humming] >> i think right now, with regard to

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the dow jones lost nearly nine points to close at 10143 but the nasdaq rose six points to close at 2223. bank stocks led the nasdaq again rising on signs financial regulation reformtz will cut profits less than first feared." the kellogg company is recalling 28 million boxes of cereal, including apple jacks, corn pops froot loops and honey smacks. people have complained of the package liners giving off a waxy smell and flavor kellogg said the potential for serious health ze lost his second round match in wimbledon today in about 75 minutes. it was the shortest match of the championships so far, coming one day after isner won the longest match of tennis in history. after the match, isnor said he was heading home. >> i'll watch sports, i'll take in the world cup. i'll, you know, go fishing. i'll do whatever, just anything away from the tennis court . >> sreenivasan: isnorwon just five games in today's entire match. >> brown: now to judy for our weekly political analysis. >> woodruff: and that is shields and brooks, of course. the big story of the week , general stanley mcchrystal and what

and it tugs at your heart and it tugs at your soul to so it.walking in here and just looking down the row where i sit and seeing , that i don't know when -- seeing that, i don't know when i felt a tug so strong. marcel and i were privileged to know bob and erma, his wonderful erma. we'd see them in the grocery store in northern virginia. our wives would drive in together for senate matters. i recall sitting with him in his office one day when he spoke of the death of his grandson and how it tore him apart. he had been killed in an accident. he had his portrait in his office with black drapery and we sat there, this man who could be so controlled -- we sat, held hands while he cried about his grandson. and at that time i did not have the privilege of being a grandfather yet. today i think i can more fully understand what he went through. i remember the emotion and the strength of it. this was not the person you saw often as leader of the senate, chairman of a major committee, in control, but a human being mourning somebody very dear to him. he w

i look at the profiles of some of those loans. frequently, a significant percentage of the time, more than 80 percent of the borrower was going to mortgage payments. that is not sustainable. they were still, in effect, helping people to participate in something that would lead to big trouble. >> what did you sell your freddie mac -- why did you sell your freddie mac stock? >> i sold it for a lot of reasons. at one point, it became apparent that they were getting more and more tranched by trying to report increases every quarter. they became quite interested in having that happen. they also bought some bonds that had nothing to do with housing at all. they were using the government's credit to enlarge the size of this hedge-fund type information -- portfolio. i figure it d.c. one cockroach, there are probably a lot more in the kitchen. >> if you eat -- did you tolu fannie and freddie enough to find out if they had -- follow danny and freddie enough to find out if they had requirements? >> there were predicated on using the tax cred

speaker owner keeps me up at night. oehner d.c. up at night. -- keeps me up at night. have we will -- we have to be willing to lose a couple of seats. we have to win seats in contested districts. those are purple, republican districts where there are real progressives running who have a shot. we need a balanced tally. the second is disrupting the existing conversation. i talked about that. we need to make this a referendum on corporate control, not on two-party politics and not on obama overreach. we need to change the national conversation. the third one is a victory if we do not [unintelligible] out of the gate, in 2009, how long have we been prepared to have an honest to god energy policy in this country? yet, it was like a surprise that they were taking up energy legislation and we had no progressive position on it. we cannot afford to make that mistake in 2011 when it comes to the economy and when it comes to corporate reform. we need a legislative platform that is prepared. i want to interject on the notion of -- >> i want to interject on the notion of progress s

at it. there is not a lot of force protection. our partners work in a different type of working environment. we have different force protection. most of these are indigenous contractors. the difficulties of reporting will be higher based on the type. >> thank you, and i appreciate the clarification. >> on friday, there was a reason award to a blackwater company. i want to ask you, does state county incident were 17 incidents were killed by blackwater and extreme of past form of fat is bad when it considers bid by black water? >> that is a complex question. it is based on past performance of the contract. ok. i do not have any more time. with discount as past performance? >> is still an ongoing court case. i do not want to comment on that at this time please. commissioner hanke, please, sir. witnesses are familiar withthe section deals with very comprehensive training, alleging, and equipping of private security functions. in an area of combat operation. with each of the witnesses tell me if

you have to look at it. the previous guys who were in charge, they did not get a $20 billion but they gave out $20 billion to the rich people. and all of the callers who have been calling in and saying what you should say, and all of this, the problem is steal, kill, destroy. still his character, killed integrity and destroy his future. let us all just stop and say thank you, president obama. host: chris is on our independent line. caller: good morning. i have a degree in geology. i hate to be the bearer of bad news, but i think there are a lot of things bp is not telling you about. that the whole structure of that area where they drilled into, i believe they structured the well pretty bad and they are going to find out it is going to be a lot how it -- harder. there could be more than one or two areas that have been fractured down there. just killing the well is not going to kill this bill. let's hope they have not actually done that. i am trying to find out more information, but of course you cannot find a

when you look at-- i know you look at things broadly. if you look at industries what does it tell you about what's keeping companies from making more hiring decisions at this point? >> you know, i think it's uncertainty. in fact lisa talked about the subsectors of the economy that are still creating jobs and that was an important point. but i also think if you look inside the employment numbers it's maybe sending an interesting message about what is plaguing businesses right now. because not only was there some hiring, not as much certainly as what expectations had built in but the average workweek extand-- expanded. average hourly-- went up t is telling you the conditions are there, the demand is building. the kind of growth the businesses need to see is there. hence their need to increase earnings or wages to their workers to extend the work week. but there's uncertainty. and you fill in the blank, uncertainty about taxes, health-care costs, regulation, concerns about what's happening in europe. contagion into the financial testimony.

i was out here at the prison at about 4:30 when he was supposed to call you at 5:00 and was told theying to do that. i do not know why they decided to do that. >> larry: what great obstacle -- >> we had set that up. i don't know. i don't know the obstacle to having done that. >> larry: i can't figure it out. andrew, there's -- have you been in touch with the governor? >> we have sent a letter to the governor this morning requesting that he stay the matter. that was denied. this afternoon we sent another letter to the governor because he -- interamerican commission on human rights issued a -- a precautionary measure statement and the state department of the united states sent a letter to the governor asking him to impose a temporary stay. and we are asking the governor, again, that he stay this execution tonight. >> larry: do you have any hope for that? >> i, i have hope. i always have hope. i am an optimistic person. but i don't know whether it will happen. it should happen. >> larry: yeah. the woman whose boyfriend, ronnie gardner killed, and will be executed for, joins us next. she

volume continues to build at old court road. we switch over to 97. problem-free at the moment. that is the latest on traffic pulse 11. tony has a check on the forecast. >> good morning. let's start with the current conditions. mostly clear skies. the humidity has gone down from yesterday. 72 at the airport. we're still going to make it close to 90 today. the humidity will make it feel better than it did on sunday. we turn up the humidity again on tuesday and wednesday. 94 on wednesday. scattered thunderstorms are possible through the middle portion of the week. >> thank you. 69 degrees on tv hill. a firefighter learns the lesson of never giving up hope. he is would reunited with the wedding ring he thought he lost during the line of duty. >> we are still taking your answers to our water cooler question of the day. do you think limits should be placed on the use of cartoon characters to market junk food? e-mail your response to watercooler@wbaltv.com. >> they do it every day in spain. why not in new jersey? about two doesn't people -- hurled tomatoesen at each other. they all pa

. >> pelley: what happened at pelindaba is the kind of thing that keeps presidents awake at night. it was the scene of the boldest raid ever attempted on a site holding bomb-grade uranium. >> these people cut through a 10,000-bolt security fence. they went straight to the emergency control center of the site. these people knew what they were doing. >> this is the scene of the crime. >> safer: he gave us a tour of bernie madoff's 19th floor offices, an impressive landscape of emptiness. >> his desk was here. >> safer: he has the thankless task of finding the money, the billions that madoff scammed. it may surprise you to learn some of it will come from some of the victims themselves, and millions more from his opulent assets. >> your eyes are drawn directly to the chandelier, which is probably worth a pretty penny. >> kroft: when michael jackson died, he had nearly a half a billion dollars in debt. since then, it's been a very good year for his career. and this is not unusual. decades after their demise, some departed stars draw more income than they ever made while they were drawin

that is how we will change the world, what action at a time. -- one action at a time.nd lee me wrap things up here. i suppose the rest on my website. at the moment, president obama has said that we find ourselves at a rare inflection point where the size and scope of the challenges before us require that we make up our promises. the decision we have to make is will this be a place with economic opportunities are here for everyone or just for the economic elite? will it be a place where transparency brains --reigns? will it be a place where man straight replaces wall street as the center of the economic universe -- where main street replaces wall street? that is where hope 2.0 comes it. we have exhausted all other possibilities of trying to do the right thing. thank you. [applause] >> all right now. andy stern is the president emeritus, that means he is retired, of the 2.2 million persons service employees international union, seiu, the country. he joined as a service worker in 1973. he rose to become its organizing director and selected as president in 1996. they playe

look at world war ii. general patton survived two incidents of slapping troops and saying outlandish things to the press, as well. precedence is there. i don't want to defend general mcchrystal's bad actions but i'm here to say the president has to consider when's best for his strategy and, larry, let me be painfully clear here. for the strategy, break, break, if you go with the strategy the way it is, you have to pick the very best guy with the shot of making it work. now, general mcchrystal is part of the review process that established it last year and from all accounts he's been able to really bring back a lot of internal focus within the forces in afghanistan. yes, he's riled some of the state department folks. look. my sources in the pentagon tell me there's problems with ambassador holbrooke. that's not news. i think playing it out in front of the press is very bad and i'm general mcchrystal and survived, i would fire my staff involved in saying all those outlandish things. >> larry: they're the one

only at superpages.com®.he good guys come to the rescue. >> larry: we have more on the breaking news from mcgill air force base where two were arrested tonight. bowe, what's the latest on this? i'm sorry, we lost beau. i hope we can get him back, if not, we will be following it throughout the night. two men arrested in a car at macdill air force base in tampa. you're going to see sonya tomorrow? do you think this will be a made for tv movie? >> yes. the more people that know about it the more kids we can protect. somebody's got to put a stop to this. >> you expect to get your kids back? >> i'm going to fight until i do, yes? >> why do you have to fight? >> once again, that's a good question. >> you're an innocent person? >> absolutely. >> larry: you're a licensed schoolteacher? >> she has to fight because tennessee has a law about what's best for her children. tennessee has a good law, good jurisdicti jurisdiction, that's why she's fighting. >> larry: why does she have to fight? >> in crazy family circumstanc

we are already at 90%. hope that the chairman will focus upon the longer term challenges that we face as a nation. i hope that the president is sincere about his fiscal responsibility commission. we can certainly debate some of the short-term spending, but putting that aside there is no doubt that america is on an unsustainable fiscal trajectory. putting us on the press of this of -- putting us on the press of this -- crescent this -- presipice of being the first generation to leave debt to the next generation. we have to act and we have to act quickly. host: the federal reserve chairman has made these comments recently. in the short term or the long term, where do you see effective spending? guest: where do i see effective spending? there is not much in washington, d.c. unfortunately the focus seems to be on the input. how much more money can we spend this year as opposed to last year? there is very little focus on output. measuring taxpayers getting good value. we must realize that regardless of how effec

to begin at a rate, again, to be determined by the conditions at the time. as i noted yesterday, i did believe there was value in sending a message of urgency, july 2011, as well as the message the president was sending of commitment. that the additional substantial numbers of forces. but it is important that july 2011 be seen for what it is. the date when a process begins, based on conditions. not the de when the u.s. heads for the exits. moreover, my agreement with the president's decisions was based on projections of conditions in july 2011, and needless to say, we're doing all that is humanly possible to achieve those conditions, and we appreciate the resources provided by coogress to enable us to do that. of course, we willlso conct rigorous assessments throught the year, and as we get closer to next summer, as we do periodically in any event, to determine where adjustments in our strategy are needed. and, as july 2011 approaches i will provide my best military advice to the secretary, and to the president, on how i believe we should proceed based on th

but it comes at a price. this windy mecca, which is colored hot pink on folloni's map, runs right through a pristine mountain range, the sierra de juarez. the vast majority of this wilderness is not protected. instead, it is owned by land cooperatives called ejido in spanish. in 2006, three of the largest ones signed 30-year landy leases with sempra. sempra plans to use the land for a 1,000-megawatt wind farm. it would span a quarter of the state of baja and feed power to california. the first windmills would go up in ejido jacume. participating land owners say they are getting $2,000 a month and more will come once the turbines start spinning. residents are thrilled. >> ( translated ): it will help the community grow. maybe they'll build more schools and make us a border crossing here which we really need , lots of things. but work for our husbands, first and foremost, right? work for women and men. >> ( translated ): sure, it will affect the natural environment, but as mexicans say, money is what makes the

they see at. anthe message to them is,f we're going to attack, now is the time when there is a strain between el and their stroest ally. let's go now. that's e way it appeared to north korea after secretary at chisson said. it had beemassing soldiers to the border and seems le a good time to attack yo enemy en eir closest al says we won't proct tm. you can'tend those messages out there. u can't ve present when it comes to internationalilems the existence ofn ti naion and e all the people whhave kwn genocide before and are fearful of havit repeat itsel ssve mistake. ll come bactosrael again. but one of t issues that has arisen, i understanthat knil armstrong, first man to put h foot on the moon has said that if we abandon our manned space prram,t will be devastating to national security. wouldt ite a good idea to listen tpeop who have more perience in some areas than we do? neilrmng can see the nationaserity implications of us basically giving up what has taken 50 years toevop. supremacy in space.

terribly at this hour. there is nobody who does what you do because you had a style, a minimalist style that is gone from television and you are taking it with you. >> except for the specials. >> they called me and i said i have been on vacation for the last two weeks. i am not prepared. larry's style was always over prepare because he wanted to be in the mind of did you are a needed enlightenment. i said if he is not prepared and i am not prepared, that is to that people sitting around staring at each other. >> i used to come on the nighttime radio show, those were the days of arlington, virginia. we go back along way. i will be here every night for quite a while yet. and then i will be free and i will be doing great specials which we will be telling the public about. and this great staff. >> glad you are not being fired about your comments. that was it. >> let's get into the news of the day because you never leave. petraeus, he is the new eisenhower. >> he has that kind of reputation. he is an impressive

the anger at the peak and the anger at our administration is palpable. just look at the polls. we members of this committee have an obligation to get to the bottom of this to address the frustrations of the american people. the chief executive of exxon mobil testified just yesterday at the energy and environment subcommittee of this committee that, "we would not have drilled a well the way they did." in addition, the president of shell stated, "it is not a well that we would have drilled in that mechanical set up, and there are operational concerns." mr. hayward, my profession before congress was the practice of medicine -- obstetrics and gynecology. if i had delivered a baby that resulted in a bad in come -- a seriously bad outcome and two of my friendly competitors, well- respected peers, said that dr. gingrey in this instance practice below the standard of care i would be in a serious world of hurt. reflect on the fact that two of your major competitors said that bp drilled a well in a non standard way. in retrospect, what is your retrospect of bp's design plan for the well?

you do have loan officers that look at customers at differently based on their skin color. that is all i am saying. but when you people come here and denied that, i think is wrong and the american people can see through that. >> fortunately, we did not originate in the loans -- any loans. personally, i am a little out of touch on that particular subject, but i do believe that we, like bank of america and others, to go to a lot of outreach programs. i think a good health for the community would possibly bring down -- a good health for the community would possibly to bring down the debt to income even lower than 31% under hamp. if there was some type of injustice done, maybe it could help more people. that is just a suggestion. >> have the of your institutions created programs that target particularly at risk groups like racial minorities, and that have been adversely impacted? >> i do not know why you could not do such a program. >> voluntarily. >> we do not originate, so i cannot comment on that. >> any comments? >> i would just add that at chase, we have a culture of fair

bill will be performing at the orleans show room in las vegas on the 17th and 18th of july and at the ameri star casino in kansas city on july 30th. thank you, bill. >> i'm honored you would ask me to take over the desk, larry, thank you so much. i'm ready to step in at a moment's notice. >> larry: what a -- so you're making an announcement tonight. >> do you want to finish the hour or would you like me to take over right now, larry? >> larry: well, this was tough, bill. it was -- it was time. i was are ready to do it. cnn folks agreed to it. we sat down. we are going to do specials and more time with the family and i want to expand, i want to do other things that i haven't been able to do. >> i am reminded of what my father, who was a broadcaster the day miquel mantle retired, stay isn't some he began the broadcast. >> larry: put me in that class? >> mickey mantle? you are the mickey mantle of broadcasters. mantle played 18 seasons. you played more than that so i know some people out there will say it is maybe inappropriate to say too soon for a man who is in his 70s, but it is too s

at the same time. i have said before that as we deal with the debt crisis we must take the whole country with us. i mean it. georgia's board has said that our plan to cut the deficit must be based -- george morrison has said our plan to cut the deficit. tomorrow, we publish the outline. they explain the principles that will underpin our approach in the process we intend to follow. this includes a process to engage and involve the whole country in the difficult decisions that will have to be taken. today, i want to set out for the country some big arguments that form the background to the inevitably painful times that lay ahead of us. why do we need to do this? why is the problem even worse than we thought? why are the potential consequences and the consequences of inaction more critical than feared it? there are simple reasons why we need to deal with the country's debt. first, the more the government borrows the more in has to repay. the more it has to repay, the more lenders worry about getting their

we were successful at oil cleanup. we put in a proposal to the exxon valdez and the huntington beach oil spills. we did not have the resources, and we certainly could not work through the bureaucracy at the time. during dunton beat bill we have the san walking helicopters -- during the huntington beach spill, we had the san joaquin helicopters spraying chemicals everywhere. ww could have taken care of it. your guys said no way, the bugs will mutate and spread. i was listening to marc levin today. he said the epa has changed all the rules against microbiology. a professor says that nature will take care of this in time. these buds would take care of the hole clean up, and right now they desperately need it. i could not take care of it anymore, i do not have the supplies. i am just trying to find out if anyone is trying biological mediation. >> we have a lot of oil expertise working to clean it up. this is an unbelievable problem. i think, in a tough situation, we should learn from it. if you have ideas for how to clean

look at california, look at greece, look at the million state workers have lost their jobs and the peoplethe 99th week of unemployment and beyond. when we do not act, when we do not have a plan and the crisis hurts, it is not the elite or the corporations or the rich and powerful or politician that pay the price. it is us and the people whom we serve. change is not a spectator sport. americans seemed to believe, and i want to use a sailboat metaphor. we believe that sometimes we just select the right leader and put his hand on the tiller as we did with president obama. but we thought he would steer the country in the right direction. we all know that if you have a sailboat and you have to hand on the tiller, and there is no wind, you can push the tiller back and forth as much and as hard as you want. you will only go in circles. it is the wins that fills the sales and allows the capt. to steer. i happened to grow up when the winds of change were blowing rapidly. john lewis and people on now to this day had courage to create the winds of change that lyndon johnson in to replace he never th

price at a -- at different pries. but the same brands selling it for such a difference in price? second question is, i really resent the fact tat exxon doesn't pay any taxes where i make only $30,000 a year and i've been paying taxes for the last 20 years that i've been working. so could you explain to me why they don't have to pay taxes and i do? i'll hang up and listen. thank you. guest: i don't really know about the tax situation. i'm sorry. i'm sure there are these tremendous costs. we have thecompanies down in the gulf now, s an example, going farther offshore. and those exploratory costs are probably all write-offs for the company. exploration, you know, a questionable part. they all do it, but there are no guarantees. i read -- the transition drilling rig that had exploded -- and there are about 26 of them in the world. everybody wants these drilling rigs now. countries want these drilling rigs to drill off shore, bazil, africa. going for half a million a day. we're talking tremendous amounts of money in the oi

blog starting at 7:00 a.m. eastern on c-span. -- live starting at 7:00 a.m. eastern on c-span. >> our public affairs content is available on radio, television, and online. you can connect with us on twitter, facebook, and - span.org. >> president obama met with bp executives at the white house. bp agreed to put $20 billion in an escrow account to pay damages resulting from the oil spill. now, statements following the meeting from the president and the executives. this is 15 minutes. >> good afternoon, everybody. i just concluded a constructive meeting with bp's chairman. and i raised two issues at the meeting. first was the containment of the oil that is still spewing into the gulf. as i mentioned llst night, my administration has directed bp to mobilize additional equipment and technology and in the coming days and weeks, these efforts should capture of to 90% of the oil that is leaking out of the well. that is not good enough. we will continue to press and drop on our best mines and resources to capture the rest of the oil until the company finishes drillin