also bruce richards, ceo and founding partner of marathon asset management. thanks to all of you for being here, for participating in this washington summit. ken, it's all yours. >> thank you, peter. you've done my first job for me by introducing our guests. we're delighted you could all join us. let me begin by asking our panelists to try to sketch out the economic situation that we find ourselves in today as they see it. the data has been mixed and even contradictory. today's ism report showed that manufacturing is strong, consumer spending has been holding up well. on the other hand, first quarter gdp was a good deal less than most economists were predicting, and last month's job report was, of course, quite disappointing. we'll see what friday's report brings. richard, why don't you start us out. is this a durable self-sustaining recovery in your view, or is it about to stall out as has happened in the past two years? >> number one, i think the one thing that's clear that this is the weakest recovery, weakest exit from a recession since the 1930s. so we h

ken, richard, kristin and bruce. thank you all. >>> the military academy at west point this morning published 17 declassified documents recovered from osama bin laden's compound in pakistan. translated into english, the documents total 175 pages and are available on other website. go to c-span.org. >>> later today we bring awe discussion on the one-year anniversary since the death of bin laden. it's hosted by the potomac institute just after 3:00 p.m. eastern here on c-span3. >>> republican presidential candidate mitt romney is in southeastern virginia today. he's in the city of portsmouth where he'll be joined by virginia governor bob mcdonnell who will bring you they're remarks live starting at 1:15 eastern. former republican candidate and minnesota congresswoman michele bachmann will also be there. earlier she did endorse romney for the nomination. live on c-span again at 1:15 eastern. >>> also the libertarian party selects their president's knollny this weekend at the national convention in las vegas. live covera

ken, richard, kristin and bruce. thank you all. >>> dong gavels in today at 2:00 p.m. eastern after a week-long break. the house will consider a number of bills allowing the capital grounds to be used for upcoming events and a measure to clear the way for the washington, d.c., water front. the senate will consider a bill to keep student loan rates from doubling in july. also a couple of judicial nominations. the house is live on our companion network c-span and the senate live on c-span2. >>> and here on c-span3 at 2:00 eastern, the house budget committee. as part of last year's debt ceiling agreement, about $600 billion worth of pentagon spending cuts are slated to kick in next year. house republicans have introduced legislation to prevent those spending reductions. instead, they would cut spending for food stamps, medicaid, the child tax credit, and other social programs. congressman paul ryan of wisconsin chairs the budget committee and vis van hollen of maryland is the ranking democrat. the house budget committee meets at 2:00 p.m. eastern, and you can see it live

bruce carter in honor of every marine who served. joining averell mark ferguson, vice chief of naval operations, stephanie low burke, these of petty officer richard hunt in honor of every sailor who served. joining general philip brief shine.een joining the vice admiral, nathan brown, united states coast radishire.ry pressur joining it general craig mcanally, chief of national guard bureau, bill stylar he and steven tyler in honor of every member of the guard and reserves to serve. joining honorable william burns, deputy secretary of state, is in the colon, the wife of foreign service officer, and gregory ndino in honor of the state department and those who serve. deputyg the hon. th secretary, a vietnam veteran and member of the department of transportation to honor all who served in the merchant marine. joining mr. jan scruggs, missed billy gabriel, the sister of james gabriel and honor of all special forces. joining major general victor hego, daughters of colonel bandwind in honor all those that serve. ♪ "saving grace" on bag pipes] ♪hen developing law la ♪ ♪ ♪ [applause] [stars and stripes forever playing] [marching band continues] ♪ [applaus

if i see bill rancic or bruce jenner on tv, i go right past it. richard simmons.ok, 1.4, compared to linked in, >> can we figure out another way to monetize? >> it could be what google did for search. >> swear. >> i'm not going to swear. i'm saying could be. it's the defining ad product. >> seriously, we do want to have you back. we got distracted on this mobile conversation. but please come back. >> the last trading day before the long memorial day weekend. find out what you need to know. we want to head down to the new york stock exchange next. e anno) most life insurance companies look at you and just see a policy. at aviva, we do things differently. we're bringing humanity back to life insurance. that's why only aviva rewards you with savings for getting a check-up. it's our wellness for life program, with online access to mayo clinic. see the difference at avivausa.com. that could adapt to changing road conditions. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braking power when you need it most.

timothy hanafin is georgiana drou, mother of bruce carter, in honor of every marine who served. stephan stephanie loper, niece of richardlleen shawn, daughter of anthony cameron shawn in honor of every member of the air force who served. . henry rattiger, son of jack columbus rittager in honor of every member of the coast guard who served. joaning general craig r. mckinley, chief of national guard bureau is bill cuyler and stephen cuyler, the sons of major clyde cuyler in honor of every member of the guards and reserve who serveded. joining the deputy secretary of state is cindy coleman, the wife of foreign service officer, joseph gregory fendino, in honor of all members of the state departments and agencies who served. a vietnam veteran and member of the department of transportation honors all who served in the merchant marine. joining major general victor hugo is jenny tran and van win, daughters of colonel ban nguyen in honor of all who served. ♪ ♪ >> present arms.

bruce, thank you. back into the studio. >> thank you, lesli. >> no, i didn't. >> we've got new information tonight on a 9 news investigation we brought you earlier in the year. richard kim, the owner of the town square market in northwest went on trial today for allegedly selling alcohol to a minor. andrea mccarren was in that courtroom. she's live at d.c. superior court. this has been your story from day the first. >> reporter: yeah, we had been following it since december of last year, derek. as you know, and just minutes ago, a 17-year-old high school junior from mcclane, virginia, testified that in february, on february 18 of this year, he went to town square market, bought 30 containers of beer, and a bottle of blueberry vodka from town square market and specifically from store owner, richard kim, who is on trial. the teenager said he was asked for identification, but he handed over a pennsylvania driver's license with someone else's photograph on it. it belonged to a 22-year-old. but the license had expired in 2010. still, the 17-year-old testified that mr. kim sold him all of that alcohol. two police officers also testified that they were waiting outside the

bruce carter, in honor of every marine who served. joining admiral mark ferguson, stephanie lo berks r, niece of petty officer richard community honor of is the daughter of anthony cameron shine in honor of every member of the air force who served. joining the vice admiral vincent brown, is the brother and the sons of lieutenant jack columbus ritiger and in honor of every member of the coast guard who served. joining general mckinley is bill siler and steven ssiler in honor of the guards who serve. joining the honorable william burns is the wife of joseph gregory fambino in honor of the state department and agencies who served. joining the honorable john picary, deputy secretary of transportation is commander nah hurricanes ll. to honor all who served in the merchant marine. joining mr. jan scruggs is the sister of james gabriel in honor of all special forces. joining major general victor hugo is jenny tran in honor of all who served. [♪] ["amazing grace"] brac ["taps"] [♪] (inaudible lyrics)

bruce carter in honor of every marine who served. joining admiral mark ferguson, vice chief of naval operations is stephanie, niece of richard hunt iny sailor who served. joining general philip breedlove, vice chief of staff, united states air force is colleen, daughter of lieutenant colonel cameron shine in honor of every member of the air force who served. joining admiral brown, united states coast guard, is henry, the brother of conway radicher. in honor of every member of the coast guard who served. joining general craig r. mckinley, chief of national guard bureau is bill siler and steven siler in honor of every member of the guard and reserve who is served. joining the honorable william burns, deputy secretary of state is cindy coal cole -- coleman. joining the honorable john picari, deputy si secretary of transportation is commander william cahill, u.s. navy, retired. a vietnam veteran and member of the department of transportation to honor all who served in the merchant marines. joining mr. jan scrugs is miss billy gabriel, the sister of specialist james gabriel in honor of all special forces. joining major general victor hug

bruce c onner, in honor of every marine who served. joining a admiral mark ferguson, the vice chief of naval operations, stephanie loper, niece of richardlor who served. joining general philip, vice chief of staff, united states air force, is colleen, the daughter of lieutenant-colonel anthony cameron shine, in honor of every member of the air force to serve. joining the vice admiral, u.s. coast guard, is henry, the brother, and the suns, of lt. jack columbus racer in honor of every member of the coast guard who served. joining general credit mckinley is bill and steven, the sons of clyde siler in honor of every member of the guard and reserve who served. joining the honorable william burns, the debt today secretary of state, cindy coleman, the wife of foreign service officer joseph gregory andino in honor of all of the members of the departments who served. joining the honorable john pucari, is commander william cahill, u.s. navy, retired, a vietnam veteran and member of the department of transportation, to honor all lose served in the merchant marine. miss gabriel, the sister of james gabriel, in honor of all special forces. joining m