bills. >> richard says he was laid off one year ago when production at this plant shifted to mexico.now at age 49, he is planning for i new career, studying heavy equipment and truck repair. >> now, when you are hooking things up. >> reporter: at central piedmont community college, more than half a million dollars in federal stimulus money is being used to fund fast-traffic job training programs. courses include health care, energy and office administering. since last summer, more than 750 students have completed the program. >> with this course, they should feel very confident in being able to get out to today's job market, showing their resumes. >> getting a regular paycheck in the charlotte yard is not that easy. manufacturing and construction were badly hurt by the recession. even the local banking industry suffered serious cutbacks. since the downturn, 62,000 jobs went away. the region's 12.8 january unemployment rate is at a 0- year high. local economists say the $653 million in federal stimulus money distributed locally has helped prevent a bad situation from getting worse. bu

former attorney general gonzales, governor bill richard will weigh in on this. >> larry: we're back.heriff arpaio, doesn't this put a lot of burden on the police officer? >> no. they're well trained. they know how to enforce all the laws. i don't think it does. just another law to enforce here in this new law just gives a little extra tool especially to my guys have been enforcing the federal and state illegal immigration laws for three years. now if you come across someone here illegally, you now have the authority to arrest that person on a misdemeanor charge and book them into the jail versus turning them over to the u.s. government. >> and that's better law enforcement? in your opinion? than turning them over? >> yeah. yeah. you know if they see late the law, they should go to jail. that's going to be my policy when the law takes effect. we have 38,000 people. in our jails. 38,000 that are here illegally. right now in this area we have 100 people in jail right now charged with murder that are here illegally. so you do have crime associated with the illegal aliens coming into our

richard barns is unemployed. >> it's tough. i mean, we worry day-to-day about how we are going to make our bills. >> reporter: richard says he was laid off one year ago when production at the plant shifted to mexico. now, at age 49, he's planning for a new career. studying heavy equipment and truck repair. >> when you are looking things up -- >> reporter: at central piedmont community college, more than half a million dollars in federal stimulus money is used to fund fast-track job training programs. courses include healthcare, energy, and office administration. since last summer, more than 750 students completed the program. >> with this course they should feel confident going out in today's job market, showing the resumes. >> reporter: getting a regular paycheck in the charlotte area is not that easy. manufacturering and construction were badly hurt by the recession. even the local banking industry suffered serious cut-backs. since the downturn, 62,000 jobs went away. the region 12.8 january unemployment rate is at a 20-year high. the local economist says the $653 million in federal stimulus money distributed locally helped pr

bill for derivative oversight. sources close to the negotiations have told abc news senator richard shelby, the top republican on the banking committee, indicated the two sides are close to an agreement. >> i think we're closer than we've ever been. will we get a bill by tomorrow? i doubt it. i would always hope so. >> the new provision would require most derivatives to go through a new network of clearinghouses and be traded on regulated exchanges. the first procedural vote is expected today. >>> china's growing economic influence is giving it more financial clou

my own staff person, shannon, who has worked tirelessly on this bill and richard simmons who has been a tireless advocate promoting fit kids throughout the nation. testifying here in congress, appearing before press conferences, on jay leno, on david letterman. and visiting hundreds and hundreds of schools every year for his life mission of promoting healthy living habits not just for adults but especially the children in our life. i thank richard simmons for his leadership and tireless advocacy in fit kids. i ask my colleagues to support it. it's the right thing to do. it's the right step. more needs to be done. this is a good place to start. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentlewoman from illinois. mrs. biggert: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentlewoman is recognized. mrs. biggert: thank you, mr. speaker. i rise today in support of h.r. 1585, the fitness integrated with teaching kids acts or fit kids act. i want to thank my good frie

democratic senator chris dodd is working with republican senator richard shelby to achieve a bipartisan billch faces a vote on monday. is this something that has been achieved? what about the progressive democrats' bill which some say is the key to real reform. joining me now is neil irwin, financial reporter for "the washington post." good morning. >> good morning, alex. >> what does reform mean to you and mean? how does it shake down? >> try and give righters more tools they can use to reign in risky behavior by financial institutions and prevent a crisis like the one we've gone through. there's some key elements, a consumer protection agency housed within the federal reserve and the current version which would have power to restrict lending that might ab busive or dangerous for people. there's elements to try and reign in derivatives, these risky complex investments that are a major factor in the crisis. so a lot of things to try and prevent i future crisis and protect ordinary americans. >> you know, is there a clear line between democrats and republicans? i mean, are dems for the little

both bill clinton and richard nixon have testified in cases when they were president, certainly obama, is not going to walk into the courthouse, he'll testify from a different area. but there's precedent. there's no executive privilege here, he was not the president when he had this conversation apparently-- >> just before. >> like the day before when he had this conversation with this labor union president and you know what, you've got a guy, a governor, exgovernor charged with 16 felonies, does he have the right to defend himself? absolutely, and if obama apparently has information that is relevant and that is not outside of the issues, then a court can call him. >> and you're just sitting there listening to that, do you say, yeah, bring the president in? >> yeah, yeah, if it's relevant to this guy's defense, he's facing life in prison at the end of the day with this case and yes, you know, if there's an accusation he was trying to get money or favors for that senate appointment and yet you've got other people saying he wasn't, you know and maybe the president says i wanted valerie

bill clinton was in office. >> brenda: i don't have much to say. boy, you roll on that, i want to play that again. all right, thanks to richard for joining us.m just paying back a big chunk of its bailout. why is that helping a rival auto stock jump 50% is this find out which one. and remember this? >> (bleep). >> brenda: now hear about the company making a fortune off of it. and how you can, too. ♪ client comes in and they have a box. and inside that box is their financial life. people wake up and realize i better start doing something. we open up that box. we organize it. and we make decisions. we really are here to help you. they look back and think, "wow. i never thought i could do this." but we've actually done it. [ male announcer ] visit ameriprise.com and put a confident retirement more within reach. >> gare gary b. you're up. >> brenda, i love google. so i can catch up on my jesse james tiger woods gossip. i'm like everyone else, google is a great stock and continues to be great. up 15%. >> brenda: pat, bull or bear? >> google 15% on no news, bold prediction. >> brenda: okay, your prediction quickly. >> heading up, higher prices wil

bill legislation was passed. now we have the cbs poll. richard should democrats be worried? >> democrats should be worried because they two straight elections in 2006 and 2008 where they did had sizeable gains. it stands to reason that pendulum that swings back and also are inevitable. combined with the fact that the president inherited a miserable economy. the good news is , the reason they probably don't have to panic is that thanks to the health care bill, and i would say not withstanding the polls the president said yesterday in maine it has only been a week. once the public starts reaping the benefits of this health care bill, which they will before election day in terms of kids going on their parents' plans, et cetera, i think people will not be keen on rolling the clock back. i think we are seeing as we saw the jobs numbers yesterday ticking up in that regard. the economy came back from the depths, we are now at plus five or six percent get rate over the past few quart there's is not a small feat. i think over time the public will give credit to democrats to that no q

chris dodd is negotiating behind closed doors with his republican counterpart, richard shelby to reach agreement on a bill that will produce 60 votes. the intention, to rush it to the floor with no debate on the obvious and blatant flaws in the legislation that perpetrate the corrupt system that mr.s dodd and shelby seek to perpetrate. and even in they don't reach agreement. senate majority leader, harry reid, said he'll put it up for a vote anyway, just to avoid the honest debate. the movers by reid and dodd are moves intended to silence the truth-tellers in our senate. people like senator ted kaufmann, senator sharrod brown, senator blanche lincoln, dick durbin, maria can'twell, carl levin. bernie sanders. they all want an honest debate about the fundamental flaws in the bill. however, those in the leadership role are attempting to quash that debate and serve the bankers who deliver them the money. lawmakers, actually trying to bring transparency to the shadow banks. lawmakers actually trying to stop the police and regulators for being under the employment of the crooks they're supposed to supervise. tr

about the civil rights movement, comparing the unpopular health care bill to the civil rights movement ties into this that's what richardtelling black peel that the white people are trying take your health care from you this is a racial, racist, racially divisive strategy they are playing and it is very dangerous in the united states. >> sean: i agree it is dangerous. and i believe it is coming from the top in terms of the white house and supporters of barack obama, as you point out here. members of the tea party movement have been called supporting segregation and the ku klux klan. we are running out of time of i have to get this question in. tiger woods hits the links today. should america let it go and let him work it without his family? should he receive the accolades that he got today? janine. >> you know what i think? i think that -- he's come forward and he's asked for in denial in this country, i think that we should, like prodigal son let's see what happens. and let's see how he lives his life. he can be an example to a lot of people out there who may have slipped and talent. i can't pull myself back up >> sean

our wall street reform bill that looks likely to have substantial republican support, that's richard shelby talking, we have chuck grassley getting on board today. i'm a little disoriented, chris. how did this happen? how do we go from the party of no on health care reform to let's make a deal? >> well, i think that the answer is the answer that senator brown pointed to, which is that politics of this are pretty clear cut. i think basically there's a few things. one is that it really in this short of strange way has helped that this has sprung on to public consciousness so quickly so that it didn't get dragged into the process minutia that happened to health care. basically this was going along a parallel track. suddenly it's the choice between wall street and main street. i hate the main street thing because i grew up in the bronx and we don't have a main street, but that's another story. i think the politics really are pretty powerful. i mean, we did have the biggest financial crisis we've had since the great depression. the banks are not very popular, and being associated with the

. >>> hey, some good new physical you're having a hard time finding a job, isn't that right, richard? a billobless benefits clear to hurdle in the senate but not a done deal just yet. our money expert jennifer westhoven is here now. hey, jen. >> a lot of our viewers have written in to say, jen, i'm counting on these and i need these checks to feed my family, are we going to get the extension? it's not 100% done. there's a much stronger chance that that extension could pass which could mean a few extra weeks of unemployment checks for some americans after your state benefits run out. the senate democrats managed to get just enough votes to stop a filibuster. they say 1 million people will lose their financial lifeline if it doesn't pass. >>> the other side of this, republicans trying to block it, hey, look, we're not against unemployment benefits, but we have to show that we can pay for them. the extension should come to a vote this week in washington, it's likely to. we'll keep you posted on that. >>> all right, a new little segment, take charge of your career. this is that time of year, not

in 1949 congressman richard nixon sent a letter to his constituents to explain his vote on the hill burton bill my letter back with a tally with both sides of the letter showing 18 lines of copy on one side and 18 personal pronouns on the other side. [laughter] >> caller: it permanently colored my perception of the man. and incidentally i voted for george mcgovern solely because i felt the watergate break-in had been done because of nixon's m compulco compulsive desire to win by a landslide worth. >> host: mcgovern who knew him before -- and when i was doing a profile for rolling stone in '76 for the republican convention. and he was wearing a blue suit and sitting in his chair.c[ñ and i said, you know, this man in many regards is so much more presidential than the president i worked for. in recent -- in the recent years, he and i have shared a stage. he was out in california recently. and i had an event. and we have an awful lot of fun and we have no preprogrammed and we seem to interact well. i think he's 85 -- >> host: 87. >> guest: 87, yes. and may we all be half as sharp as he is 87. so a

bill rammed through? or are you going to get some republicans to slow this down. it likes like people like richard shelby are saying, give us a couple of weeks to work it out. do they want to cooperate with a strong bill with teeth in it? or do they want to water it down and then go on board? >> mitch mcconnell, senator mcconnell, went up to wall street about two weeks ago, huddled in the back rooms with the big wall street bankers. came back and aposed the bill. so it was pretty clear they wanted to put the brakes on this legislation. but harry reid -- >> you think there's a cassality between that meeting and the position that mitch mcconnell had? >> i think he wanted to kill the bill to begin with. >> you and some of the viewers may think this is obvious, but i would like to hear it spelled out. both parties take money from wall street. most democrats and politicians do have friends on wall street. they're very educated guys up there, like them or not, they're very smart people and some of them are pretty social. they've got a lot of money and they're very political. so you get a lot of money fr

book of jimmy carter, george bush, george herbert walker bush, bill clinton, but unless i missed something i cannot find a picture of richard nixon. is there a reason? >>guest: there probably is. i had many pictures. there probably are some of those were selected by the publisher. but also, even at to the time that people place the monument, it was at the time president ford had taken toll so there might have been a picture with president ford because he was the person who excepted the first african-american of one of any race with the monument 21714 blocks from here lincoln park at the capitol. the national negro national council of negro women, what is and how long have you been associated with it? >>guest: i have been associated since that day in 1937. two years before that women said what we needed was not another organization about one to bring people together. she said because the negro woman stands outside of the american and mainstream of opportunity empower but we needed to harness our power, if we could do with the problems that have affected us. >>cspan: 6303 pennsylvania avenue the building that has your name on

richard shelby and i worked together, we met the other night to work on this some more. the door is open to get a compromise on the bill, if we can. i'm not interested in just scoring points, i'm interested in writing a good bill. this is not about washington. it's about the $8.5 million who have lost their jobs and seven million who have lost their homes. the millions who watched their retirement accounts evaporate overnight because of the tricks that went on in the financial sector. this is about a country that came to the brink of financial collapse and whether or not we're going to take the steps to correct the system so it doesn't happen again. >> going back to complete the circle, the republican leadership, mitch mcconnell keeps reciting this mantra. endless taxpayer bailouts. just to get you on the record, mr. chairman, that's a dishonest statement, right? >> completely. and he knows it. he and i have talked about it, it's a complete falsehood, he knows that. we've worked at this so tirelessly, to suggest that is the case. and the further suggestion i've written a spart san bill. i've conducted anything but a pa

bill. and of course i want to thank richard shelby. he and i, as he points out, have been working together over the last 37 months during my stewardship of the banking committee that i inherited in january of 2007. i noted the other day there's some 42 measures that have been brought out of our committee. 37 of them have become the law of the land. this is a good result. we're now on the bill which the american people want us to be on. this is an important issue. we had the headlines of the hearings here yesterday involving mortgage deals; the other headline about greece and its debt, its bonds were sinking, causing economic problems in europe, potentially here. these problems are huge, mr. president. and as senator shelby has said and i've said over and over again, that is complex area of law we're talking about. and it has to be gotten right. we've had very good conversations on a number of issues going back over many, many weeks. we both shared that we again have institution that is become too big to fail with the implicit guarantee

the bill needs at least one republican to support moving to build debate. senator richard shelby this spoke at the independent community bankers conference and said negotiations continue but no republican will support the bill get. the senate will vote this afternoon. you can see live coverage of the vote starting at five eastern here on c-span2. >> west virginia held a memorial yesterday for the 29 miners killed earlier this month in the worst u.s. mine disaster in 40 years. massey energy companies said air samples didn't show high enough levels of explosive gases just before the explosion. i look now at yesterday's memorial service for those miners that this portion is about an hour and a half. >> jason madden atkins. [applause] [silence] [silence] carl "peewee" acord. [applause] [silence] [silence] james "eddie" moone. [applause] [silence] [silence] joshua scott napper. [applause] [silence] [silence] [silence] kenneth a. chapman, sr. [applause] [silence] [silence] [silence] [silence] [silence] timmy davis. [applause] [silence] [silence] benny r. willingham. [applause] [

if richard nixon had done this, i don't think he would have recovered. bill clinton, nobody in the world was shocked. the reason governor spitzer got hit so hard, i'm a big spitzer fan, because it was so off brand for him. where your brand is. we're a given culture. half of the people in the world are unfaithful. it's something a politician can recover from. >> nobody told nixon that. you don't know if he could have made it. >> we didn't want it sliding off. reagan, could have been ten women, it would have been okay. >> all depends -- it all depends, michael, whether you like the guy or not. >> no, well, it goes again to the person's ability to do their job. are the facts contrary? do they undermind themselves? the reason clinton's case he was able to stay high with the approval rating is he was able to get outside and get up and not let it affect his ability. he said i'm getting up and working for you. >> points on the board -- the economy is so swimming and so great. nobody wanted to change nothing. but nix op and stag flags, terrible unemployment, terrible

bill. and of course i want to thank richard shelby. he and i, as he points out, have been working together over the last 37 months during my stewardship of the banking committee that i inherited in january of 2007. i noted the other day there's some 42 measures that have been brought out of our committee. 37 of them have become the law of the land. this is a good result. we're now on the bill which the american people want us to be on. this is an important issue. we had the headlines of the hearings here yesterday involving mortgage deals; the other headline about greece and its debt, its bonds were sinking, causing economic problems in europe, potentially here. these problems are huge, mr. president. and as senator shelby has said and i've said over and over again, that is complex area of law we're talking about. and it has to be gotten right. we've had very good conversations on a number of issues going back over many, many weeks. we both shared that we again have institution that is become too big to fail with the implicit guarantee

looks like people like richard shelby are saying, give us a couple weeks to work it out. do they want to cooperate on a strong bill with triet in it? >> what was clear, mitch mcconnell, the republican leader went up to wall street about two weeks ago, a week ago, huddled in the back room with wall street bankers, came back and opposed the bill. it was clear they wanted the brakes on this legislation. >> you think the meeting and what position mitch mcconnell -- >> i think he wanted to kill the bill. >> you and some of the viewers may think this is obvious but i'd like to hear it spelled out. both parties take money from wall street. you probably have money in wall street, most have friends on wall street. they are educated guys up there. like them or not, they are very smart people. they are very social. got a lot of money and political. a lot of money as chairman of the party, the others do, too. why are the democrats the ones that go against wall street and republicans seeming to play defense when you're both in the till. explain that to me. >> the the fact of the matter is both parties get money from different

senator richard shelby of alabama said democrats agreed to address concerns that the bill might lead to more bank bailouts in the future. the two sides remained at odds over a democratic proposal to create a consumer financial protection bureau. but in quincy, illinois, late today, president obama welcomed the apparent signs of progress. >> it appears an agreement may be in hand to allow this debate to move forward on the senate floor. ( cheers and applause ) i'm very pleased by it. and i'll work with anyone, republican or democrat, who wants to pursue these reforms in good faith. >> sreenivasan: earlier, republicans blocked action on the bill for the third time in as many days. for a time, angry democrats threatened to hold an overnight session, with votes in the wee hours. toyota has added 50,000 sport utility vehicles to its list of recalls. the sequoias were sold in the u.s. during the early part of 2003. the automaker said the electronic stability control system could prevent the vehicle from accelerating at slow speeds. for the record, toyota is an underwriter of the "newshour.

bill. the vote to start debate on the measure failed on the senate floor. >> we're negotiating for a better piece of legislation. >> reporter: in fact republican senator richard shelby and republican senator chris dodd held one on one meetings until the vote on monday evening trying to find common ground. one republican vote would have tipped the scale. >> it appears if all the republicans have decided the rules in place now are the rules we should have going forward. that's what happens if we don't do it. >> reporter: but republicans insist they, too, want reform, they just want to go about it differently. democrats say the consumer protection agency created by their bills would protect americans from predatory mortgage loans and offers. republicans say it is too expensive and powerful. >> and democrats say it sets up a fund paid for by the banks to unwind failing financial firms republicans say it gives regulators too much leeway to prop up the banks when they take too much risk. >> we're not going to be rushed in to another massive bill based on the assurances of our friends on the other side. >> reporter: democrats pledge they will introduce the bill agai

bill that's passed into law is unconstitutional? >> well, i produced a 55-page report for indiana senator richard luger and in that report we question whether the federal government has the authority to mandate every individual to purchase a commercial product. this would be the first time in history that the federal government doesn't require you to join a program like medicaid or social security. all of those things are clearly constitutional. here you're saying that the federal government can require every person in the united states to purchase a commercial product. so i'm raising the question about the constitutionality and frankly i think it deserves a challenge. >> okay. and is this the only part of the health care law that you have a problem with? or are there some other things in the bill that you feel may be constitutionally challenged? >> there's going to be a number of claims. remember that insurance products are sold within states' borders. they're not sold across state lines. so essentially what you have is the federal government coming in and commandeering the instrumentality of state government. we're the ones who re

richard shelby saying it does not cure too big to fail. the power could be abused. the fund that banks have to buy into. can you tell us about that? >> the dodd bill talks a lot of republican ideas, ideas from senator shelby and others. it makes the key point. if big banks ever again manage themselves to the edge where they can't survive without government assistance, the government should have the ability to come in and dismember them to unwind them and sell them off in pieces without putting taxpayer money at risk. that's the key thing. we don't want taxpayers ever again to be exposed to bearing sni of the cost of these large financial crisis. on those issues we're getting close to. >> in terms of resolution or authority, just to clairifclari. you need to be able to shut down the areas of the business that aren't working and keeps those that are. >> you want to be able to draw a fire break around the fire. you want to make sure the fire can't jump from the failing firm and threaten the rest of the financial system. so you need to be able to shut down, dismember and unwind the part that's failing. tragic failure, we had it in place for small bank

. >> caller: in 1949 congressman richard nixon sent a letter to his constituents to explain his vote on the hill-burton billtter back with a tally down both sides of the letters showing 18 lines of copy on one side and 18 personal pronouns on the other side. it permanently covered my perception of the man. and incidentally i voted for george mcgovern solely because i felt the watergate break-in had been done because of nixon's compulsive desire to win by a landslide. thank you. >> guest: you know, it's interesting. mcgovern who i have come to know over the years, met him first when i was doing a profile for rolling stone in 76 on the republican convention. went in to see him, and sitting there, he was wearing a blue suit and sitting in his chair. and i said you know this many, many regard to so much more presidential than the president i worked for. in recent come in the recent years he and i have shared a stage. he was out in california and i had an event. invited him to join me. he had an event and invited me to join him. and we have an awful lot of fun up there. we had no preplanned program and we seem t

richard shelby, the ranking republican. but there's been a lot of members of the banking committee involved in all of this. now, the question is, do they get a bill together in time for this showdown vote they're going to have on monday, which is a procedural vote just to bring the bill to the floor? and i have the feeling that it's going to be -- they'll either -- all of the republicans will stick together or i -- the vote might just not even happen. if they get a deal, they'll say, ok, fine, let's just bring the bill to the floor. i do think there's a handful that are already feeling kind of edgy about voting against bringing the bill to the floor. >> john, what needs to be changed in this bill to finally get the bill over the 2 yard line, is it the derivatives issue? is it the $50 billion bailout fund? >> there's a lot of stuff and some of it is very, very esoteric and difficult to explain. but there are a couple of big-ticket things. first of all, you have the consumer protection piece of this. republicans have already won a victory because chris dodd's bill is not a free-standing new agency. the democrats backed off of that. they did that in

in 1993 bill clinton is inaugurated and the homeownership rate is lower than it was when richard nixon was inaugurated 24 years earlier. because the administration looked around and like all presidents they wanted to put people in homes. clinton was an number cruncher from the word go. he that is how he got elected. he wants to put people in homes and create jobs. those were the days, weren't they? but when they look at the numbers they say, why has the homeownership rate gone down? they refuse to look at the real reason. and that is the family had crumbled underneath the homeownership rates. we didn't have ozzie and harriet living in houses. we had decrypts living in these houses. i don't know who were living in these houses. people were owning homes who had no right to belong in homes. these are the people who were moving into the whole market. and you look at the numbers. it is inevitable. a single parent makes 20% of the income of a married couple. a divorced mother makes 40% of the income of a married couple. the homeownership rate in 1993 for married couples was 85%. there is no

senator chris dodd and richard shelby are expected to continue to talk today on the bill. >> he always seems to be a man that voted his conscious. >> as he did earlier in the health care conference. >> yeah. the nebraska kickback. he's the trouble. i don't know. this whoelg thing right now, we'll see. i have the feeling, and i could be wrong, but the way that health care was handled, that emboldened democrats. we'll see whether republicans decide, look, we leld the line here and we're going to want some things different in this bill. >> it's tricky. >> i read on the huffington post, this increases the chances for a stricter financial regulatory bill. i don't know how -- >> i don't know how they -- >> and they have a picture of every republican that voted against it. they've got all of them, in case you see them at the mall, you can throw a tomato at them. i understand we're all fresh off the financial crisis, but i have a feeling if you let go overboard on something, they're going to screw it up. and if i get the first blue commission meeting today -- >> but you're not saying this will

. >> ifill: in return republican richard shelby said that despite the disagreements a deal is very close. >> i think we will get a bill if the democrats want a bill and will give us some things that we think that are substantive in nature like make the "too big to fail" send a message that nothing is too big to fail in this country and tighten up the language and some flexibility in the language there that we're talking about. >> but this is inches you're talking about. >> inches sometimes are miles. i'm hoping there are half inches. >> ifill: public opinion seems to lead in the democrats' favor. a new "washington post"/abc news poll showed about two thirds of those surveyed support stricter regulations. at the white house, spokesman robert gibbs said ultimately the bill's opponents will have to give way. >> i think in the end we're going to get a bipartisan vote because i think the position they're in right now is just simply untenable. >> ifill: any bill that does emerge from the senate will have to be combined with a separate measure that has already pass the house. the remaining sticking points boil down to an ess

i would argue that richard nixon, proposals for bill of rights were as progressive or even more progressive than certain respects in the 1960. by 1963, john kennedy and his brother are on the forefront. but it took three years of learning for it to happen. and in many years it took three years of learning for the entire country to be at the point where it was in 1963. >> host: can you draw parallels between the kennedy and obama? >> guest: it's not for me to draw those parallels. not yet. i haven't -- you know, unlike david remnic and marnik, i haven't done the research. what i can say is this, what is very interesting to watch leaders express their willingness to change. not just to change the country, but themselves to change and to learn. we've been we have short of attention where some people think you have to know what you do the minute you become president. but is that really realistic? frankly, there's no job like being president, even vice president or muscular vice president, even in dick cheney, you are not president. there are burdens of the presidency which you can only really s

larry, is that republicans richard shelby, mitch mcconnell, the republican leader, are positioning themselves to say at the end of the process that we put the brakes on. we saw a bill that we thought was going to perpetuate bailouts. we obtained changes in it because changes are going to be made and that can be their exit strategy from the debate saying they made it a better bill. you may see both sides take credit in a shared way, ways that we haven't seen often in this administration. >> that would be a good thing indeed. when i spoke to senator dodd last thursday he said repeated he was open to amendments to tighting the language and make it a better bill. it sounds like chris dodd is staying on track with the pledge. thank you. all the best on the president obama interview tomorrow. i look forward to talking to you afterwards. >> thanks, larry. >>> so, on financial regulation, is it going to help or hurt republicans come this november in the mid-term elections? here now is south carolina senator jim demint. he's campaigning to save the republican party's conservative soul. an extremely noble effort, mr. demint. welcome back to "the kudlow report." >> thank you,

in just a moment, vice-president biden, then richard holbrooke on and -- anna afghanistan. the financial regulations bill, and later, a memorial service on the 15th anniversary of the bombing of the murrah federal building in oklahoma city. >> on washington journal, a survey on how americans feel about government. we will talk about volunteering with patrick corbi andvington ad kenneth noble will take your questions. >> c-span, a public affairs content is on radio and online. you can also connect with us on twitter, facebook and youtube. >> vice president joe biden confirmed reports that iraqi and u.s. forces killed two senior al qaeda leaders this weekend. he also said that the u.s. is on track to withdraw all military forces by the end of next year. he spoke for about five minutes, just before the daily white hou. >> good afternoon, folks. i want to give you a brief update on an extremely important development in iraq. early this morning on -- early in the morning october 18th, iraqi security forces with the support of u.s. forces killed the two most senior leaders of al qaeda iraq during a series of j

later, richard holbrooke on afghanistan and pakistan. later, the proposed banking regulations billnator christopher dodd. >> a couple of live events to tell you about tomorrow morning. the senate judiciary committee holds an oversight hearing of the civil rights division of the justice department. that is on c-span at 10:00. at 11:00 on c-span3, the house financial-services committee listened to the bankruptcy of lehman brothers. witnesses include timothy geithner, ben bernanke, the head of the securities and exchange commission and former executives. >> all this month, see the winners ofca c-span winners studentsm documentary competition. students submitted videos on one of the greatest strengths of the country or a challenge the country is facing. which the top of videos every morning at 6:50 eastern, just before "washington journal." meet the students who made them and for a preview of all the winners,ca,m.org. -- visit studentcam.org. >> we are the world's leading professional organization for journalists and we are committed to fostering free press worldwide. please visit www.

leaving uncertainty behind now that the health care bill has passed but the sector is trying to recover from the impact of the credit crisis. with us is richardr. ron cohen and our guests host today is jim greenwood. good to see you this morning. jim said he was relieved the way the health care reform bill went down. that when it came to protecting biotechs against generic, you wanted 14 and the white house wanted 7 and you got 12. >> good enough. instead of a big windfall for the industry, it's almost like getting back to business of developing our drugs. >> he also said if you're going through hell, keep going. that's how a lot of people feel. >> it's enough time for you to make money on a new product? >> yes. it is. it's a reasonable amount of time based on what it takes to get there. we just had our first major drug approved to help people with multiple skroes is walk. we had to raise 6 million as a company to fund that work. once you get there you need to have a certain period to justify the risk and that kind of time and investment. >> you have another battle. it's a controversial drug. very exciting to help people walk but very expensi

you could just feel how eager richard nixon was to make a change on the supreme court. as billpointed out, if justice stevens steps down, this is not just any regular justice, but he has really been the leader on the court. if you look at the dissent most recently in the citizens united case, but also in the seattle school district case and others, this justice is articulating the anger in a very emotional way to the current rightward tilt of the supreme court. he has been critically important leader, and is also known as a master technician -- tactician and strategist. when in the majority he has been able to fashion majority decisions and a sign the riding -- and a sign the writing to a moderate, centrist justice like sandra day o'connor as a means to bring her over to his camp. if he decides to step down, this will be a very important moment for the country. as has been said, democrats and republicans viewed judges and justices very differently. at the end of the clinton administration, republicans prevented 60 judicial nominees from being confirmed. 60. in contrast -- and y

in texas, richard fisher, the president of the dallas federal reserve bank, said -- "the provision in the bill would leave the dallas federal jurisdiction -- federal reserve jurisdiction with only one or two bank holding companies, down from 36 member banks or or $74 billion in assets that he now has supervisory authority over. the fed should know the needs and the economic conditions throughout the country, not just new york and washington, d.c." it is precisely the ability to foster bottom-up growth through small businesses that sets community banks apart from other financial institutions. unlike the big financial institutions, we see in the headlines bailouts and bonuses, community banks don't have a systemic risk to our financial system, and they are not identified as primary contributors to our latest crisis. however, community banks would soon be subjected to a considerable amount of new costs and regulatory burdens as a result of this legislation. community banks are already regulated. they are well regulated. adding additional layers of federal bureaucracy with limitless authority woul

bill. but will the democrats have enough support to get the legislation passed? on this morning's "meet the press," moderator david gregory talked with senator chris dodd of connecticut and republican senator richard there. we have more work> a to do. we'll be meeting later today to talk about it. we're not there yet. i would hope we could get the votes tomorrow. >> i think we're closer than we've ever been, and will we get a bill by tomorrow? i doubt it. i would always hope so because there's so much involved. but i think we will get a bill if the democrats want a bill and will give us some things that we think that are substantive in nature. >> and you can watch the entire interview later today at 2:00 p.m. eastern right here on "msnbc sunday." >>> this tuesday, goldman sachs' ceo lloyd blankfein is headed to capitol hill where he'll be grilled by a senate subcommittee about his firm's role in the mortgage crisis. he'll be asked about a series of e-mails just made public by the subcommittee which show goldman sachs executives talking about the money they were making while the mortgage market was collapsing. jeff rossen joins me live with more. good morning. >> good morning to you. the internal e

[laughter] but you can just feel how eager richard nixon was to make a change on the supreme court. as billng out and, if justice stevens steps down and this isn't just any regular justice, by justice stevens is really been the leader on the court hearing if you look of the dissent's, most recently on the citizens united case but in others the seattle schools districts case and others. this is the justice on the court that is articulating a a year in a very emotional way to the current rightward tilt of the supreme court. he has been a panoply important leader on the records and has also been known as a master tactician and strategist when he is in the majority. he has been able to fashion a majority decisions and assign the right in. when sandra day o'connor was on the courts to a moderate centrist justice white o'connor, as a means to attend and bring her over to his camp. so if he decides to step down this will be a very important moment for the country. as has been sent, and democrats and republicans see judges and justices harry dimly. interestingly of the end of the clinton administra

bill was making good progress in consumer protection. this started out from a silicon -- from a philosophical standpoint. but again, because of the work of richard shelby, chris dodd, bob corker, and others, this thing was starting to make its way to a point where we were going to get a good piece of legislation. we were not there yet. let me emphasize that. but unfortunately, i think that is now again, like so many other things in washington, a political football. somehow we have to tamp down the rhetoric and get back to people at the table working together because these are problems that can be solved. host: bill on the democrats' line, you are on. seek of senator, i would like to ask a question please. you said -- caller: senator, i would like to ask a question please. you said something earlier about the bank's beat -- i want to know, the president, mitch mcconnell, and john boehner, they came out and said it was not going to work. come to find out that john boehner, it was never a fact that too big to fail, the banks are falling apart. included in the proposal was $50 billion that the banks would have to put up so that if they do fail the t

bills while they continue to look for work. we have to waive the budget act for bonnie and others in the same situation. for example, richard from boseman, montana. let us extend this vital lifeline for a single father from missoula. in this great recession let us waive the budget act to enact this temporary extension of unemployment insurance for hundreds of thousands of americans who are struggling through no fault -fl their own just -- fault of their own just to get by. it is true, mr. president, that we soon we must very significantly address our budget deficits. and the real test will be the degree to which this country, the president, the congress, buckle down and start to reduce the budget deficits during times of prosperity. that is, after we get out of this recession and when unemployment levels start to reach acceptable lower levels. that's when we're going to be facing the true test of whether we reduce the budget deficits. and i'm saying, mr. president, that that's our responsibility to do so. we should let unemployment benefits extend. we shouldn't have to pay for those now but soon, when the unemployment rate

richard shelby and chairman dodd. i encourage that effort. but those negotiations will not be meaningful unless we demand here on the senate floor that they be meaningful and demand that a bill moving to the senate floor is true reform and a bipartisan approach. i urge that approach, mr. president. i enthusiastically support that approach. thank you, mr. president. i yield the floor. mr. durbin: mr. president? the presiding officer: the senator from illinois is recognized. mr. durbin: mr. president, in about one hour the senate will convene for a vote. it's one of the few times this week that the senate comes together. those who are following our proceedings will see senators from all over the united states gather on the floor of the united states senate. that gathering will be for a critical vote as to whether the republican filibuster on wall street reform will continue or end. this will be the third time this week we have given the republicans an opportunity to join us in a bipartisan effort to bring real reform to wall street and the big banks on wall street. twice now we have failed to get a single republican who will stand up and vote with us for wall street reform. i

bill in this session of congress. ms. richardson, director of the iowa department of transportation, you have already been won and generously introduced by mr. boswell. >> i am nancy richardsirector of the iowa department of transportation and on behalf of the american association of highway and transportation officials, i'm here to talk to about three things. first the successes states are achieving for the recovery act, second the states ability to spend further funding on additional ready to go projects. and third, the role transportation and rebuilding and sustaining our nation's economy and the importance of passage of a new federal highway and transit authorization bill. but first, try to let me thank you and your members of the committee for your commitment to transportation which led to the enactment of the higher act that extends the highway and transit programs through the end of the year. this means that congress cannot turn its attention to your priority and hours, the enactment of a comprehensive multiyear deal. speaking of economic recovery, as you know the recovery act had as of march 2 use march 2 use it or lose it deadline. and i'm happy to report today th

bill. and of course i want to thank richard shelby. he and i, as he points out, have been working together over the last 37 months during my stewardship of the banking committee that i inherited in january of 2007. i noted the other day there's some 42 measures that have been brought out of our committee. 37 of them have become the law of the land. this is a good result. we're now on the bill which the american people want us to be on. this is an important issue. we had the headlines of the hearings here yesterday involving mortgage deals; the other headline about greece and its debt, its bonds were sinking, causing economic problems in europe, potentially here. these problems are huge, mr. president. and as senator shelby has said and i've said over and over again, that is complex area of law we're talking about. and it has to be gotten right. we've had very good conversations on a number of issues going back over many, many weeks. we both shared that we again have institution that is become too big to fail with the implicit guarantee