. >> now alexander butterfield, we're watching live television, bill, and somebody says, guess what? >> what a bombshell. the watergate hearings might have amounted to very little, certainly not led to the resignation of a president but for the fact on national television, if everybody to see, a white house official says, well, there are these tape recorders. wait a minute. now we know what the president actually said. of course years later we heard the president say those things. chris: it is an vent that happened because of television because the pressure cooker of the hearings and practically every american watching at the time, somehow stuff happened. stories percolate out. >> it was a turning point also because unlike the mccarthy hearings which are entertaining in their own way, this is a case where the people asking these questions understood the power of the media much more. >> it was kind of the first reality series. it was so engrossing for so long, that it became woven into the nab i think rick of american life the way few -- fabric of american life in the way few others d

i knew the town some what and it was very famous for its musician residents, at the time called butterfield. in any case i decided to move to woodstock. >> woodstock did have this history going back to the early 1900s of being an art community that attracted not only independent freethinkers but musicians and artists, simulate a perfect place for michael to be, having these interests and being in coconut grove. and he did end up hanging out on the scene, participating at some events, also added to your idea -- >> a local realtor on a farm outside of woodstock, she ran these -- they are very casual and informal, and awaiting may to seek music, a crowd of 400 people, people would come in over the weekend. it was guys from the van. an amazing array of talent. with a you spent the night or not, it is the best way i ever experienced to see music. there is a series of concerts based on that with larger crowds, and somewhere along the line, i started to manage -- who knew what management was? my friend in the band became the manager, i figured i had that responsibility, we need somebody to support

butterfield. >> they are not legal or counted in this bill whatsoever. thank you. >> reporter: one of the main myths come my indicating the health care debate that illegal immigrantsill get guaranteed care. other mitses, president obama is for a single payer government system. that suicide will be encouraged by government death panels and that care will be rationed and medicare cutlandol drs dollars used to fund abortion. are those true or false? >> in general, false. >> reporter: lori robertson from nonpartisan fatcheck.org. >> just hope that people would say well, wait a minute, that doesn't sound quite right. let me look into that a little more. >> reporter: many americans are angry about the recession and all of the bailouts and big government. >> it's housewives and it is bus drivers and it is plumbers and people with real jobs who just feel like things are out of control in washington. >> reporter: factcheck.org says president obama is untruthful when he says health care reform will be paid for when, in fact, the plan is a work in progress and who

butterfield listened carefully during tuesday's townhall meeting in rocky mount. >> my name is robert shellenberg, a physician here in rocky mount. been here for 20 years. and served this community in that time. and i see the health issues every day. and we fight with -- insurance companies, but we also fight with medicare as well. and what i hear with this bill, i think it will make health care less accessible. if you are talking about more people coming into health care with the same amount of physicians, the people that are going to be seen by a physician, they're going to have longer waits in line, and, they're going to force everybody into the emergency department, basically. because they can't get to the office. [ applause ] the -- but my main question is, how can you support a bill that the nonpartisan congressional budget office has said will not save any money over the next ten years? >> the congressional budget office generally agrees with what you said. they are not saying that it won't save any money. but it will not bend the curve as significantly as we hoped it would ben

butterfield. mr. butterfield, no. mr. hill. mrs. christianson. mrs. christianson, no. mrs. caster. mrs. caster, no. mr. murphy of connecticut. mr. murphy, no. mr. mcnerny. mr. mcnerny, aye. mrs. sutton. mrs. sutton, no. mr. braley. mr. braley, aye. i'm sorry. no. mr. welch, no. mr. hall, aye. mr. upon tton, aye. mr. whitfield. mr. whitfield, aye. mr. shimkus, aye. mr. blunt. aye. mr. boyer, mr. baoyer, aye. mr. pitts, mr. pitts, aye. mr. walden, mr. walden, aye. mr. terry. mr. terry, aye. mr. rogers. mr. rogers, aye. mr. sullivan, @@@@@@@@@ @ @ @ @ >> mr. angle. mr. angle votes no. mr. rush. mr. risch wrote snow. mr. greene. i am sorry. ms. matsui, i am sorry. ms. matsui votes no. mr. bowsher. mr. bowsher votes know. matsui votes no. mr. boucher votes no. mrs. meyerick is aye. >> have all members responded? anyone wish to change his or her vote? if not the clerk will tally the vote. hold it. we have something else coming. i don't believe you are recorded. gentlemen wish to vote? votes no. mr. hill votes no. mr. space. mr. mathison. mr. mathison, no. mr. gordon, no. >> anyone else?

butterfield. mr. butterfield, no. mr. hill. mrs. christianson. mrs. christianson, no. mrs. caster.. caster, no. mr. murphy of connecticut. mr. murphy, no. mr. mcnerny. mr. mcnerny, aye. mrs. sutton. mrs. sutton, no. mr. braley. mr. braley, aye. i'm sorry. no. mr. welch, no. mr. hall, aye. mr. upon tton, aye. mr. whitfield. mr. whitfield, aye. mr. shimkus, aye. mr. blunt. aye. mr. boyer, mr. baoyer, aye. mr. pitts, mr. pitts, aye. mr. walden, mr. walden, aye. mr. terry. mr. terry, aye. mr. rogers. mr. rogers, aye. mr. sullivan, aye. mr. murphy of pennsylvania. mr. murphy, aye. mr. burgess. mr. burgess, aye. mrs. scolise, aye. mr. engle. mr. engle votes no. mr. rusch. mr. rusch votes no. mr. green. i'm sorry. no. miss matsui. i'm sorry. miss matsui votes no. mr. boucher votes no. mrs. meyerick is aye. >> have all members responded? anyone wish to change his or her vote? if not the clerk will tally the vote. hold it. we have something else coming. i don't believe you are recorded. gentlemen wish to vote? votes no. mr. hill votes no. mr. space. mr. mathison. mr. mathison, no. mr. gordo

[applause] [applause] >> i am claude butterfield, scholar at the american enterprise institute, and i would like to welcome you to what is our second annual what the hell is august and we're going to hold a conference anyway. somebody reminded me of this this morning. it was just a year ago that w we -- two weeks after the collapse, the fifth or sixth collapse of the doha round talks. we decided, well, we should really take a look at what happened and maybe not wait until september. and the thinking was, well, what is hell, are we just going to have a couple of us sitting around a table because will anybody be here? well, my faith in the trade mafia was -- was sustained by the fact we had 150 people sign up, which is just about what we had this morning. so we had a very successful morning a year ago and i'm sure we will this year. we have an excellent panel and i will introduce them in a minute. i'd just like to make a couple of preliminary remarks stepping back a little bit and seeing trade policy in a larger conte context. before i do that, i have to remind myself and we should remi

butterfield, for two minutes. >> thank you, chairman rush borland is very important hearing and i especiallyto thank the witnesses for the test was today. mr. chairman, i hope this hearing will provide an opportunity for the subcommittee to address some concerns that we have about the proposed agency, particularly the loss of jurisdiction on the part of the federal trade commission. now my colleagues are right, mr. chairman. there are many actors to blame for the current state of our economy. unscrewed was subprime mortgage lenders and their lack of effective oversight have all contributed to the financial meltdown. a deep concern and rightfully so is the regulatory patchwork of federal agencies charged with regulating all aspects of financial institutions. for example depository institutions such as banks and credit unions are overseen by many different agencies. conversely, all non-depository institutions are overseen by one agency, and that is the ftc. the ftc has done a good job, and i think we could all agree on that, at regulating these players. and i have concern that reducing ftc ove