to rumble joining me for today's big picture about ronald mathew the senior editor at the capital research center and author of the book subversion nk amanda beadle reporter and blogger at think progress and brian darling columnist as human events and director of government studies at the heritage foundation welcome to all of you what have you are with us with the job numbers improving and contraceptive arguments kind of falling flat republicans have shifted their line of attack against the president to gas prices as predictions that will hit five bucks the summer and maybe that war more by election time yesterday the president came out blasted those who want to turn this into an election issue. what is it. that's a college coed susan fluke. who goes before a congressional committee and essentially says that she must be paid to have sex lives that make her now i know this is hard to believe but some politicians are seeing higher gas prices as a political opportunity you're shocked i know. but it's true right in the middle of an election year one would have thought so recently the lead in and one

around the big picture rubble our panel tonight matthew senior editor at capital research center and author of the book subversion inc amanda beadle reporter and water at think progress and brian darling columnist of human events and director of government studies at the her tits foundation ok quick fire last question we've seen our fair share of right wing conspiracies floated around recently so the question is which one is your favorite a courtesy of michael savage and world net daily breitbart was murdered by the obama administration has. let me ask my audience the question. what do you think do you think he died of natural causes from overwork exhaustion got a heart attack and died or do you think it's possible that he was executed assassinated by some nefarious forces in america or be courtesy of america coppa county sheriff's department and joe arpaio that president obama's birth certificate definitely is a forgery. lose its invasion of the. we're here to the sea eagle leaves. who was it says he defeated or injury and brought me have been committed or courtesy of fox business c

capitalize on that. >> so the couple started working with the research center and saw what the trends down the road mighto they ended up not only planting their usual navels and valencias, but also a variety of specialty citrus like the mellow gold grapefruit and smaller citrus varieties like the gold nugget mandarin. both varieties that were developed throh the research at the center. today, the couple owns and operates more than 130 acres of a variety of citrus that includes 14 different types of mandarins, 11 types of oranges, 6 types of limes and 5 types of lemons. and thanks to their evolving website rightoyou.com, their citrus can be found in restaurants, stores and homes all over the united states now. >> the most gratifying part is hearing the end result from a chef or a customer or seeing it in a store in new york ci or h@ving people email us pictures of the displays in their grocery stores. and just hearing the end result, the consumer happy with our fruit. >> and there's a lot to be happy about if you're in the citrus community these days. new research, new varieties and new ideas all add to h

center for strategic and international studies here in washington. dr. paul horsnell is the managing director and head of commodities research with barclays capital in london. thank you all very much for being here. if you could each take whatever time you think is necessary to make the points that you think we need to understand, your full statements will be included in the record as if read. dr. gruenspecht. >> thank you, mr. chairman, ranking members of the committee. i appear the opportunity to appear before you. we are the statistical and analytical agency within the department of energy. our views should not be construed as representing those of the department or other federal agencies. prices for all petroleum products have ris i don't know in recent months but gasoline prices are of particular concern to most consumers. the national average price of regular gasoline averaged $3.58 per gallon in february 2012, 37 cents higher than in february 2011 and it has certainly risen since, over the past month as well. and the february price was an historic high for any february. there is, however, significant can't regional variation in prices as illustrated

capital markets. and our technology, which remains one of our very strongest points. increasingly technology has been driving economic growth. and with some of the finest yooifts in the world and researchers centers and as a magnet for talented people from around the world, the united states has been very successful in the research and development area. so that has also been a source of ongoing growth and innovation in our economy. now, again, we have weaknesses and the financial crisis highlighted a few. but we've always tried of course to address that. i'll come back to it biening our financial regulatory system. here's a picture i find kind of interesting. to put a little perspective on what we've been talking about for the last few lectures. the dashed line shows a constant growth rate of a little over 3% in real terms. this is a means a constant growth rate. you can see that the united states economy going back to 1900 has grown pretty consistently around 3% for more than a century. you can see in the 1930s, you can see the big swing as the great depression pulled output . then you can see is movement above the trend line during world war ii. after world war , to the trend line. there were r

his research has spanned a wide range of topics, including capital spending, commercial real estate. he is a dizzying scholar at the u.s. -- ucla simon center for real-estate. >> thank you, kevin. i am pleased to have the opportunity to participate in this panel, and i would like to congratulate congressman brady for starting what is an important discussion about the status of the fed and the conduct of monetary policy that will extend far beyond today's back discussion. i did not come up with a starke rating, but my overall assessment of the bill is probably more in line with nathan's than with al's. i am probably within the 3- starke range -- -- three-star ranger. -- range. on the single mandate, i think the more important thing is whether there is an explicit inflation target than what the specific mandate is. the fed now has an explicit inflation target. even before, the fed was implicitly and inflation carter. the paper of the fed has not been seriously constrained in terms of establishing low and stable inflation by the tool mandate. i do not think changing that dual mandate will have an effect on the inflation performance of this eco

research and a wide range of topics including monetary policy, business capital spending, productivity growth and commercial real estate. contrary to his position, he is accusing scott at the siemens center for real estate, he also maintained an economic consulting practice as does every former fed economist apparently. steve. >> thank you, kevin. i'm really pleased to have the opportunity to participate in this panel, and like the other panelists, i'd like to congratulate congress than brady for starting what is an important discussion about the status of the fed and the monetary policy that will extend far beyond today's discussion. i didn't come in preparing my remorse, come up with a star rating but i think my overall assessment of the bill is probably more in line with nations and with trend once. i'm probably more in the three-star range in things that i think are definitely ones that should receive serious consideration, and there's some that give me pause. so i will try as the others have to go through the various titles in an expeditious way, but to hit the high points on each. so on the single mandate, i actually think the more important thing is whether there's an explicit inf

center for strategic and international studies here in washington. dr. paul horsnell is the managing director and head of commodities research with barclays capital in london. thank you very much for being here coming and if you could each take whatever time you think is necessary to make the points you think we need to understand, your full steegmans will be included in the record as if read. dr. gruenspecht? >> thank you mr. chairman, ranking member murkowski and members of the committee i appreciate the opportunity to appear before you, the energy administration is that statistical analytical agency within the part of energy because they do not promote or take positions on policy issues and has independence with respect to the information it provides to read it shouldn't be construed as representing those in the department or other federal agencies. prices for all petroleum products have risen in recent months but gasoline prices are of a particular concern to most consumers. the national average price of regular gasoline averaged $3.58 per gallon and february, 2012, off 37 cents higher than february, 2011 and has certainly risen over the past month as