and then you can have -- as cains said, some people play though fifth and sixth degree. the whole free market idea is people buy stocks and bonds based on fundmental values, and if things move out of whack with economic reality, average prices come in and push prices back to their market levels. what some people at harvard formalized was this idea that it can be rational to surf the bubble if you're an investor, rather than if you think you're a hedge funder or just some rich guy trying to make money -- which are essentially the same thing -- when you see the stock market going up and it's a overrecall valued, you can sell out and push prices back to reality, or you can say chances are, this is a bubble forming, it's much smart tore buy in smarter to buy in now and then sell out before the fools fine out, and you buy and then sell to a greater fool. and it helps explain a lot of what was happening in the market. seems to me the wall street banks weren't stupid and they weren't necessarily evil. just given the incentives they faced, it was very difficult for them to stay

. >> and tom cain argues that the obama administration has been distracted by health care and other challenges. >> it's understandable but not acceptable. >> former cia and nsa chief michael heyden said it's time for ordinary americans to make tough choices. >> what's the balance the american people want between their privacy and their security? >> reporter: meanwhile, u.s. and british embassies in yemen have been ordered closed amid new evidence al qaeda is planning another attack. u.s. officials say the embassy threat was not specific but given current circumstances they are not taking any chances. brian mooar, news4, washington. >>> a florida man suspected of gunning down a child in three other family members during thanksgiving dinner has been captured. after a nationwide manhunt. th police caught up at a hotel in the florida keys. hotel workers tipped them off saying they saw the suspect's picture on "america's most wanted" accused of kills his twin sister, aunt and a young cousin. >> it was a huge relief to know that the monster's in the cage. >> it's been an added stress, having this po

i was in library class and i was like i'm going crazy, but then i thought about cain and abel when cainw his brother and the most high said where's your brother? i heard his blood cry from the earth. right there something let me know that he got shot. >> and as a matter of fact, i had a dream two nights in a row before he died, somebody or something tried to tell me, had a dream that night benji was dead. next day i had a dream benji was dead. at that moment i heard my brother's voice say i got shoot just like i said to you there, came to me like. so this was something there and i was like what the hell's going on here? my mama always say you want the most high to talk to you, you got to be in a quiet place and i was in the library class at the time my brother was shot and i heard him. when i found out, i went be serk. >> ery as a we seen ben on the floor by himself. that's what brothers do. >> they weren't supposed to. i don't like to talk about that but they had to see him. >> they was telling us that he's in stable condition and kenny allen pulled the sheet back and we saw him. we ha

and dean cain -- it did not come here by segue, but could have if he had been told to. it is amazing how many different things he is grappling with as an inventor. duane is involved in one of the most innovative creations, which has changed the business world but is also changing the non- profit world through its partnership with the rockefeller formation. lastly, the co-founder of "guitar hero." i've feel that i was born slated to early to really enjoy it. i was actually put -- and playing the wii for the first time. this is clearly not a bigger business than music and films together. i ran into a bunch of hedge funders that have come out with derivatives to fund the new games. with no further ado, i will ask each of our panelists what they will be doing in terms of innovation next year. >> among the things that we will see over the next few years is biology in our economy. we all rely unclean water and materials from biology. by my rough numbers, genetically modified stuff has already reached 2% of gdp, which is the really big number. it is growing revenues every year

driver's licenses done, so i worry that we lost some of the momentum and i'm hopeful, frankly, as tom cain said, that this near miss will serve at least a positive value of being a wake-up call and reinvigorating the effort. >>larry: ambassador, in the near future, are you optimistic or pessimistic? >> i'm hopeful we'll be able to address the problems that arose in this particular case. we must not forget this was not just a domestic, american problem but an international one. we're talking about international terrorism, and it requires working with our friends around the world to deal with this situation, just like we're working with pakistan and afghanistan to deal with a threat emanating from the federal areas of pakistan. so, too, are we going to have to reinforce our efforts with companies like yemen to deal with the al qaeda threat in that area, and bob woodward mentioned haets happening in africa. it's not only in north africa, but in nigeria in particular, but also in sub-south africa where al qaeda has strengthsened in the last couple years. our plate is full, but it requires a pr

i'm charlie kelly from cain university and this is my 13th year with washington center. this has been a great program. i was here last week as well as this week. >> what do you get out of -- out of this for your students? >> well, it's a renewal for me in the sense that it's always a learning experience so i see it as part of my professional development. what i like most of all is the interaction with the students. the students are very diverse, from different schools and universities and from very different political perspectives. >> where is your school? >> my university is in new jersey. kean university, new jersey. >> named after -- do you know? >> tom kean. the kean family of new jersey. >> former governor? head of the 9/11 commission? >> yes. >> over the years -- if you've been doing this for 13 years. what do you see change in a student after they've been here for a couple of weeks? >> it is a transformational experience for them. one, many of them want to get involved in politics. two, they realize the value of an internship. three, often they come to the washing

good morning to cain on the republican line. >> caller: how are you doing? mr. bartlett, i want to get a hold of the book and read it and get more insight on your opinions. basically what i wanted to address was, if we are dealing with a fiat trinity, how can we stop inflation? this so-called money -- with the currency that we're using is not backed by anything, what can we do to stop the inflation? that's naturally what happens when your money is not backed by gold or if this is taken off the gold standard like the house joint resolution. >> host: thanks, will get a response. >> guest: was clear the responsible federal reserve to maintain a stable price level. and although they've increased the money supply into the current economic crisis, does that perfectly well understand that it has to reverse that policy or else we are going to be back into a 1970's hyperinflation situation. and they've already talked a lot about how to do this and when to do this, but they have not yet decided to actually begin tightening. and my fear is that they will wait too long and

michael steele and tim caine. he said he didn't think palestinians could retake congress.pe is different. in the middle of a very difficult year for the president because of the economy. what does it mean for that super majority and the senate. it's going to be a real wake up call in the middle of a sour mood around the country. in ten days marks one year. have you ever seen such a shivet it is particular to the times we are living in. the sheer scale of the problems that the president came into office having to deal with. he had to make a lot of unpopular decisions and pursue things like healthcare reform. they hope to become more popular when and if it passes. it is a tough economy. it remains that way. people don't feel like the government is working for them. fur in that climate, it's difficult to govern. now president barak obama having similar feelings. thank you so much. joining us from l.a., we'll catch you later this morning. thank you. >> with the resignation of mayor sheila dixon, here to talk about that is university of maryland school of law, professor larry d

i was in library class and i was like i'm going crazy, but then i thought about cain and abel when cain slew his brother and the most high said where's your brother? i heard his blood cry from the earth. right there something let me know that he got shot. >> and as a matter of fact, i had a dream two nights in a row before he died, somebody or something tried to tell me, had a dream that night benji was dead. next day i had a dream benji was dead. at that moment i heard my brother's voice say i got shoot just like i said to you there, came to me like. so this was something there and i was like what the hell's going on here? my mama always say you want the most high to talk to you, you got to be in a quiet place and i was in the library class at the time my brother was shot and i heard him. when i found out, i went be serk. >> for ery as a we seen ben on the floor by himself. that's what brothers do. >> they weren't supposed to. i don't like to talk about that but they had to see him. >> they was telling us that he's in stable condition and kenny allen pulled the sheet back and we saw hi

and dean cain -- it did not come here by segue, but could have if he had been told to. it is amazing how many different things he is grappling with as an inventor. duane is involved in one of the most innovative creations, which has changed the business world but is also changing the non- profit world through its partnership with the rockefeller formation. lastly, the co-founder of "guitar hero." i've feel that i was born slated to early to really enjoy it. i was actually put -- and playing the wii for the first time. this is clearly not a bigger business than music and films together. i ran into a bunch of hedge funders that have come out with derivatives to fund the new games. with no further ado, i will ask each of our panelists what they will be doing in terms of innovation next year. >> among the things that we will see over the next few years is biology in our economy. we all rely unclean water and materials from biology. by my rough numbers, genetically modified stuff has already reached 2% of gdp, which is the really big number. it is growing revenues every year

inaudible conversations] conve] >> tuesday, your chance to talk to the authors of the best selling, james caines. >> now a look at the palestinian role in middle east peace talks. we begin with a 40 minute conversation between turkey and the president who was deputy secretary of state during the clinton administration and former world bank president and u.s. envoy to gaza, james wolfensohn. [inaudible conversations] >> wonderful of so many of you to turn out this afternoon for a conversation that could hardly be more timely. and could hardly be better served for purposes of a good and informative and forward-looking discussion than by the gentlemen to my right was a personal friend and institutional find, a trustee of this institution and has some other credentials than they can just the right person to get us started on the topic of how to secure the future, the palestinian youth. jen and i are going to engage in a bit of a dialogue for a few minutes. the beginning and will turn it into a multi-log involving as many of you as possible. and in about 40 minutes or so, will turn the program over t

thompson: i've seen where these medical devices, not just wheelchairs, but insulin pumps, crutches, cains, it is prosthetic -- canes, it is prosthetic limbs, there are so many things this applies to. this 2.5% excise tax, that's going to get pass aid long to consumers. think about most of the consumers who utilize these medical devices are older adults. they're individuals on very fixed incomes, those who are surviving on maybe $8,000 $1,00 a month of social security. the very things that maximizes their independence, maximizes their quality of life, we're going to tax that? that's a quality of life tax, actually. because people who use those medical devicesing they are medically necessary. they're not not luxuries. those are twice -- devices that make their life possible. it allows them to live in their community in their own homes, not in an institution. it's a quality of life taxes. mr. akin: if it moves tax it if it doesn't move, tax it anyway, it might be dead. thank you gentlemen for joining us. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker a

bush, when he committed we were going to liberate kuwait from the atrocity of saddam hue cain movingin and taking over that country, he did a great thing he called in the military guys and said, you guys are in the military, you tell me what we need. here's what we're going to do, we're going to liberate kuwait. they put together a plan and that's what they did. it was not the civilians running the activity. as sam johnson a member of our body here, colleague, who was in the hanoi hilton for nearly seven years, as he was told after we carpet bombed north vietnam, hanoi, for two week, they rushed back to the negotiating table, worked out a deal that was favorable to them and not the united states, as sam says, when he was leaving the p.o.w. camp, the hanoi hilton, a commander was laughing and said you stupid americans if you'd just bombed us one more week we would have had to surrender unconditionally. we didn't do that. we didn't give the service member what they needed to win the war and come home that should have been the lesson of vietnam. never commit troops unless you're willing

. >> cain johnson, years ago when hmos were first introduced into the system, they were thought to beo solve some of the incentive problems that have been discussed this morning. they would bring into the organization of hmo issues associated with overuse of technology that wasn't really effective, the billing would be different and the physicians would see the tradeoffs because they were sharing in the pot of money that was being paid. is there any evidence that hmos did this? is there any proof that sort of the incentive question can be managed? and we've got some experiences? it doesn't seem as if hmos are widely lauded as having changed things fundamentally. >> i can -- i'll start off here. in the beginning, it appeared that there was something great going on with hmos. there was when there was group and staff model hmo. where you went to the building and hospital that was hmo. turns out the marketplace didn't favor those. all of the group happened in ipa, independent practice association, i think it stands for. hmos without walls. where you are going to a doctor, but they are pai

i was in library class and i was like i'm going crazy, but then i thought about cain and abel when cain slew his brother and the most high said where's your brother? i heard his blood cry from the earth. right there something let me know that he got shot. >> and as a matter of fact, i had a dream two nights in a row before he died, somebody or something tried to tell me, had a dream that night benji was dead. next day i had a dream benji was dead. at that moment i heard my brother's voice say i got shoot just like i said to you there, came to me like. so this was something there and i was like what the hell's going on here? my mama always say you want the most high to talk to you, you got to be in a quiet place and i was in the library class at the time my brother was shot and i heard him. when i found out, i went be serk. >> fo ery as a we seen ben on the floor by himself. that's what brothers do. >> they weren't supposed to. i don't like to talk about that but they had to see him. >> they was telling us that he's in stable condition and kenny allen pulled the sheet back and we saw him