the delegation of power by congress congress after all being charged in the constitution with the duty to. a coin money and regulate the value thereof congress has quite blindly pass this responsibility off to this now rather. truly unaccountable organization the federal reserve yeah and there's this issue of inflation of course which the fed doesn't seem to know yes worried about but i want to bring up a quote jim grant that i think you'll like it's one that our producer has actually by his desk and ernest hemingway quote from the sun also rises and it reads how do you go bankrupt two ways gradually and then suddenly and no one could say the same thing about inflation and the purchasing power of currency which has gone down namely. all of a sudden boom the fed loses control of monetary policy and inflation takes off that's what could happen i know you've written before about the looming threat of runaway inflation but have you given any thought to how this would occur what do you think. it's possible that our next inflation will have something to do with our fiscal predicament. you know we have as everyone know was an immense debt and as ev

wrong with washington what's broken in a lot of out focuses on congress congress can't come up with a decision the administration and congress can't work together there is this dysfunction you actually think that that is distracting from major issues with say regulators where they're not getting it right it's kind of i was thinking europe is distracting from the u.s. as fiscal problems because europe such a disaster when the u.s. has problems of its own so in the same way is congressional dysfunction distracting from the problems of regulators it's all the things that when the parents are messed up nobody's watching the kids and if you really think about it you know the heads of washington as we've seen and we've all suffered from it greatly have had this gridlock and that filters all the way down but you know the other agencies don't get the press i mean we've had m.f. global we've had here we've had night these are all going to be little little we what i call little explosions before the major quake you know everybody looks at this that whole you know look how much money was four hundred million dollars loss and you know t

significant legislation this congress and then it were do nothing congress do nothing to talk about republicans in fact the president effectively campaigning against a do nothing congress of republicans i think he should run against a do nothing congress why in the world would republicans be here today when there was so much other work that this congress has failed to do be here presenting what is really an anti-war resolution masquerading as pro-war work but it's more than that the nine hundred forty seven congress was able to pass some nine hundred sixty bills as of last month the one hundred twelfth congress has passed a mere one hundred seventy three but beyond the numbers the fact is that capitol hill is getting ready to close its doors without having found a solution to military funding taxes the farm bill cybersecurity and much much more now as i mentioned many people are calling this the do nothing congress but that's not exactly accurate individually the senate and house have been very productive in passing bills and they've been arguably working more than previous congresses so for an inside look at what exactly is going on here congressman danny kaye davis w

the one hundred twelve congress has passed about a third of the laws of the previous congress and even less compared to the congress before that that's half the number of laws the second least productive congress in history we're talking about the eighty eight congress which president truman called the do nothing congress productivity aside this congress is also extremely unpopular with barely ten percent of americans approving of the job it's doing perhaps senator michael bennet was able to put it into perspective best my goodness the digital revolution of a forty percent approval rating compared to or nine. percent approval rating at the height of the oil spill. nine percent there's an actor's fifteen percent more people should care do you know it is becoming obvious i don't for the record. i don't love him for that approval. and while a bitterly divided congress has lawmakers twiddling their thumbs it's not like they don't have a lot of work to do a government shutdown looms at the end of this month if they don't pass a budget the bush era tax cuts are set to expire at the end of december that's over one hundred

i wish i trusted congress to do it in a fair full way. i don't trust congress. congressso bit early partisan that everything is about cheap shots. i think fast and furious was a gross example of how one side can run off and do something. let me say something in a broader context. i heard people say tag this vial hateful muslim film is irrelevant. it may, indeed, be irdevelop rant to what happened in benghazi libya but is not irrelevant in the larger context of the muslim world where you have violence from indonesia to morocco. >> bill: it should be irrelevant. the fact that it isn't shows the world that these crazy muslims who are out there trying to hurt people over video they know nothing about are so unstable, so out of control and apparently the governments of pakistan, egypt and others can't control them. that is the message. isn't it? it is not about the video because in free societies you can make videos and whether they like that in pakistan or not, that is too bad. it should be irrelevant. normal sane clear thinking people don't hurt other people because somebod

congress to ccomplish the bare miniium during this short 2-3 week spurt of pre -election work most importantll: averting a government shutdown. since congress failed to seed the president any of thh dozen or so spending bills it's required tt pass - eaderss agreed to vote on a stop gap measure funding the government for months at current spending llvels that's something tea party backed republicans who were elected to cut spending had vowed never to go along with. then there's the farm bill...a five year measure governing everything from farming to food stamps ...which rrns out sources in both parties expect at least a one year extension - and some help for drought stricken cattle ranchers and farmers. yet even issues both parties want to address are trapped in partisan gridlock: cyber security, postal reform, even extending the violence against women act, which expires at the end of the year. nevermind the really tough stuff... namely, the so-called fiscal cliff on december 31st. when bush-era tax cuts expire, and about one hundred billion dollars in in, unless congresss.ick - congress issstalling on ttose huge fiscal issues mostlyy because sources in both parties say they want to wait to see what the political landscape looks like after the election. thinkkyou have retirment saved ? up?think again...find out when it's expected to dryyup! al pacino will play...in an . - upcoming movie. ((break 3)) energy bill down to size? or get the yard ready for cool weather? the answer? a lot less. the great american fix-up is going on now... ...with new projects every week and big savings every day. so you can do what needs to be done. today. more saving. more doing. that's the power of the home depot. prep your garden for fall. three bags of earthgro mulch is just $10. but it makes millions off west marylanders every year. now they're running dishonest ads. why? because voting for question seven is a vote to build a... world-class resort casino in maryland. creating thousands of jobs and... ...according to the official department of legislative... services, hun

"women in congress," "black americans in congress" and "hispanic americans in congress." the new additions -- editions were distributed to the members. libraries and other 207 pursuants to their respective authorizations. however the 11 years since we authorized a new edition of "hispanic americans in congress" , circumstances have changed including i am clited to say the election of more hispanics to serve in this house than the other body. this means the n edition will be larger than estimated and the cost of the printing, the same number of copies of "hispanic americans in congress" would likely be larger. as i urge adoption of this resolution, i wish to thank the clerk who worked on the revised editions and the dedicated men and women of the government printing office who procure the volumes for their fine work. the new editions of "women in congress" and "black americans in congress" are useful, high-quality reference volumes that are great value to students, historians and us. i'm certain the edition of "hispanic americans in congress" will similarly be well received

congress. congress is back in session. some huge problems remain unresolved and time is running out to fix them. but don't expect any sudden fixes. party leaders are concerned that taking the lead in a controversial issue, any controversial issue could cost their party on election day. here's steve's handelsman. >> reporter: lawmakers in the house, and the senate are back after a month-long break, with a pile of urgent business. but they're focused first on the elections. >> both parties are looking at public opinion polls, looking at which parts of their agenda is popular and which part of the other's is unpopular and dramatize with floor votes that don't result in any bills. >> reporter: so democrats put a new vote on the paul ryan budget to drive home to voters he would change medicare. republicans drive home to voters that president obama lost half a billion on solyndra. the impasse over hiking taxes on the rich, that if not settled, could raise everyone's rates january 1st, and trigger huge defense and social service cuts. the fiscal cliff is getting put off until after election day. the farm bill will help with the drought, is partially postponed because republicans are pushing for a cut in food stamps. >> the american people are asking to balance this budget. >> reporter: each side blames the other. >> for people outside and out of work, they're astonished by the fact that this congress won't do anything and seems content to kick the can down the road. >> reporter: so what might get passed before the election. nearly one of those short-term stop gap spending bills, to keep government going past september 30th. later this week, house members plan to adjourn so they could go home and run for re-election. i'm steve handelsman, nbc news, capitol hill. >>> good to see you. >> whoa, we are lerj more about that pizza parlor owner down in florida who swept president obama off his feet, literally. scott owns big apple pizza in fort pierce. he's a registered republican who voted for president obama in '08. he said he had been watching the convention and got carried away when the president came by yesterday. >> when he came in, he busted through my front door and said, where's scott? from that moment on, it seemed like he was a long lost friend. and it was just amazing. a great connection. he came over, gave me a hug. that's when the bear hug happened. just like i said, i was s

congress. congress may not pass it, but the president can submit the one he wants. three $1 trillion deficits in a row submitted by president obama, who has not made a serious effort, even to follow his own spending recommendations to get a handle on spending. three $1 trillion proposed budgets in a row that not even a i think isle democrat in congress voted for. >> it was paul ryan who voted against the same proposal that president obama turned down. we're a lot better off than europe. everybody acknowledges that, both mitt romney and barack obama. the reason is because of the budgets that barack obama submit pd .we did not make the mistake of cranking down austerity, which herbert hoover did during the depression. what archer davis is proposing is just plain bad republican economics. we've had a huge deficit caused by unpaid bills. when bush went out and gave all those tax cuts, if he wanted to do the right thing, he would have cut programs. but they didn't have the nerve to do that. we've had enough of that kind of stuff. we can get out of these deficits, but it certainly isn't going to be under the leadership of the republicans. the last president to balance the budget before bill clinton sf lyndon johnson. only drats have bool lanced the budget in the last 40 years. republicans borrow and spend. that's what they have done. that

congresses. not the united states congress, but to the republican congress and at congress fighting to take advantage of credit and when the next election. while that didn't happen by accident. and i believe in the free enterprise system and incentives. incentives work and we have created a political system in which every incentive is to not cooperate, to not compromise, to not talk to somebody who has different ideas than your own. you know, that's great. it's great to just be pure in your principle, but we are a nation of 310 million we have all different backgrounds and with all different life experiences. and we have different ideas that we feel strongly about. the way a democracy this site has to work is that no matter how deeply you feel about one issue or another, you have to sit down and somebody who has a different idea and side with the overlap is. you'll get a little. and the program, constitutional programs that government is responsible for and make it happen. by the way, just so you don't think i'm making all this stuff about how bad the political party system is, the first four preside

senate floor to pick up where i left off when congress adjourned a month ago, and that is to continue with my daily efforts to urge this congress, our congress literally billions of dollars to our economy. mr. president, i think you know this and all of our colleagues should know this, that this is an industry that will be in grave trouble if we in the congress don't act soon. by that, i actually mean immediately to extend the wind production tax credit. we returned this week to congress in the wake of really sobering news about recent layoffs of american workers in our wind industry largely due to our inaction, congressional inaction on the wind production tax credit. i want to be very clear, mr. president. the wind industry has already begun firing american workers because we have failed to extend the wind production tax credit. it's that simple. you ask why. well, the p.t.c. has been a driver of the wind energy industry's enormous expansion in the u.s. as well as the growing investment in american workers that we've seen in the last several years. this critical tax credit expires at the end of the year, and if we don't vote to extend it m

congress of 2012. to call this congress a do-nothing congress is an insult to the do-nothing congress of 1948. so we are leaving today, earliest this congress has ever left to campaign in an election year in 52 years. look at how disconnected this congress has been from the urgent needs of the american people. 30% of the bills passed were for the purpose of attaching someone's name to a building. we voted to repeal the affordable care act 33 times. the republicans passed 30 jobs message bills that didn't do a thing to create jobs. they voted so often to restrict women's freedom and access to health care that one female republican lawmaker said, quote, are you kidding me? how many times are we going to vote for this, unquote. and we have voted on the romney-ryan plan to end medicare -- end the medicare guarantee and increase cost to seniors by $6,400. it's no wonder this republican congress has the lowest approval rating ever. there are urgent priorities on the table that many have talked about here today. the middle class tax cuts. the farm bill. the violence against women act. and responsible

congresses. not a united states congress, but a republican congress and a democratic congress fighting to take credit and fighting to win the next election. that did not happen by accident. it didn't happen by accident. i believe in the free enterprise system. we have created a political system in which every incentive is to not cooperate, to not optimize. to not talk to somebody who has different ideas than their own. it is great to be fewer under principle, but we are a nation of 310 million people. we have different experiences and different ideas that we feel strongly about. at some point, no matter how deeply you feel about something from you have to be able to sit down with someone who has a different idea and find where where the overlap is and find where you can give a little and get a little and get the bridges built. legitimate constitutional programs, and making them happen. let me tell you how we created this. and by the way, just so you know, about how bad the political party system is, the first four presidents of the united states -- some people don't even like each other that much, bu

. >> the congress, the president can work with congress, that's a big if, and vice versa. stuart: okay. obama wins a second term. regardless what happens in congresskind of administration he would run for another four years, the kind of economy he would keep going for another four more years, good or bad in the stocks? >> i think it could be good. if operations have confidence in the administration, and what they're going to do next. tell me what the president is going to do next, and we'll go from there. the problem is we don't know, don't have any good idea, congress or white house, about the corporate taxes and fiscal cliff. we need a road map. stuart: we know if president obama wins a second term, he would probably try to keep ben bernanke as the fed, who would definitely keep on churning out the money, right? >> well, that's ben's history and he anted up a couple weeks, couple days ago. i do think-- maybe the market, but the markets like that, stuart. back to your point with the former guest, there is going to be a day of rec koninreckoning. bernanke stays, the markets like it, we could go higher. stuart: and romney wins, go, no hedging? >> n

congress to go you know where we have this problem the one nine hundred twenty s. where banks originated garber securities and sold them to their customers in the market crash the congress look to say well this is simple from now on you can either take deposits and make loans in your bank or you can underwrite securities in your dealer that's fine but you cannot do both that's what the congress said one hundred thirty three that was good long term one nine hundred ninety nine somehow the congress in one thousand nine hundred nine thought they were smarter than the congress in one thousand nine hundred three they repealed it and guess what seven years later another crash it's really not a surprise and you know the supporters of the big banks the apologists for the. big banks will tell you think you owe it wasn't close they were the cause of the crisis it was these you know lousy mortgage originations and investors who didn't know what they were doing and radiates that there's enough blame to go around the responsible but the banks were a crucial ingredient they bought the mortgages securitized them and sold them to the investors the banks for the missing link without the banks acting as securities dealers this wouldn't happen so we've got to stop that and there are other criticisms too i've heard jamie dimon for example say hey it wasn't as it was the big guys it was the lehm

congress? >> i would. i think the public is ahead of the congress on privacy. i think that companies like microsoft and some of those guys are ahead. they are building in the fall positions to have more and more privacy. but in the congress, we're still a bit behind of the curve. although, we have gained a lot of ground in this congress. our privacy caucus in the house, subcommittee chairman markey has cochaired with me, a republican and democrat. we have 30 members. so it does not quite to 10% of the house. so that is a sizable number, bipartisan, have to have, have republican and half democrat. >> let me ask a question about privacy. i think that is an issue you have been very involved in. tell me why that issue has resonated with you. >> we have the tea party now and they are really big on a strict interpretation of the constitution. but i was tea party before there was a tea party and i think the fourth amendment can be construed to be a privacy amendment. i strongly think that the privacy protections that our founders to grounded in the internet and telecommunication age, you cannot take for granted. need legislation to make it happen. the short answer is i just feel really strongly that the information about yourse

the congress said one hundred thirty three that was good law until one thousand nine hundred ninety somehow the congress in one thousand nine hundred nine thought they were smarter than the congress in one thousand nine hundred three they repealed it and guess what seven years later another crash it's really not a surprise and you know the supporters of the big banks the apologists of the big banks will tell you think you owe it wasn't good if they were the cause of the crisis it was these you know lousy mortgage originations and investors who didn't know what they were doing and radiates but there's enough blame to go around the responsible but the banks were a crucial ingredient they bought the mortgages securitized them and sold them to the investors the banks for the missing link without the banks acting as securities dealers this wouldn't happen so we've got to stop that and there are other criticisms heard jamie dimon for example say hey it wasn't as it was the big guys it was the lehman brothers it was the bear stirring so counter that when real quick who do you think was financing them i mean if you look at the balance sheet to lehman brothers a look at the balance sheet

congress proves more productive. so this has been called a do-nothing congress. i would say that this congress has done real harm. to call it a do-nothing congress is to give it more credit than it deserves. this is a congress, at least in the house that will be remembered for voting to end medicare as we know it, increase the cost of medicare to seniors by more than $6,500. it will be remembered, all right, for tax breaks for corporations that ship jobs overseas. we in the 112th congress have done something amazing when you consider that we have been in a recession unheard of since the great depression. we have left the economy entirely to the federal reserve board, to monetary policy by abandoning the job of congress to produce fiscal policy. there has been none in the 112th congress that has had any affect on our country. no wonder we are here for only eight days after the recess. if our republican majority could have phoned in the c.r. i believe they would have done it. if you look at on our plate as we get ready to imphome. we are going home in september, leaving unthinkably. even the major business of seques

congress, etc., when it comes to privacy? who takes the lead? >> guest: um, we do what congress tells us to do. congress has given us a very expansive law dealing with privacy. it's, um, an unfair and deceptive acts and practices law is the general, um, law that we enforce. we also have laws in particular areas that we enforce involving children's privacy, financial privacy, some medical information, and when i said financial, it's in some context. some medical information in some context. so, um, we are very much in privacy and in many ways we at the federal trade commission are the nation's leading privacy law enforcement entity. the fcc has a very important role when it comes to the carriers. and when it comes to other entities in the mobile space. so we work with our sister agency on these issues. >> host: and would it be possible to have a dual system where, okay, if you want this app, you can pay a buck a month for it, and we won't track you, or you can get it for free, and we get your information? is that in our current world? >> guest: i think it exists in our current world. i mean, i, you know,

congress. i had that opportunity to stand up for the library of congress. every time we had a vote, we won. they weren't able to damage the library of congress. i got to know dr. billington. i had the good fortune to travel once with him to russia. dr. billington, before coming to the library of congress, was one of the foremost scholars on the former soviet union. he knew everything about that, and he was -- and he still writes about the new russia. a very, very stalwart academic. when he took over the library of congress in 1987, computers were a scarcity, but he knew right away, he had a vision of what the future should be, and he thought it would be important to digitize the library's collections, make them available on the internet. there was a little pushback at first, but of course now that is history. that's what happened. i have such admiration for him as a person. he's a good person not only from academic standing but as an administrator. i'm glad that they were unable to slash the library's budget as they tried. and as a result of that, people came to a better understanding of what the library of congress was all about, and i'm glad

congress to justify federal regulations by pointing to the inaction on congress would bring countless decisions and an individual could potentially make within the scope of federal regulation and on that the government theory, empower congress to make those decisions for him. supporters of health care law overhaul had invoked the power of congress to make this necessary and proper. chief roberts rejected this argument. he said even if the individual mandate is necessary to insurance reform, such expansion of federal power is not a proper means for making these reforms effective. he did not rest this final impropriety and many expressed probability -- prohibition. as justice roberts concluded, applying these principles, the individual mandate cannot be sustained under the necessary and proper cause as proper for the insurance reforms. the court held that the economic mandates are unconstitutional under both the commerce and necessary proper causes and yet, this was the holding of the court. in part 3-c of his own opinion, chief justice rights -- "the court today holds that our constitution protect us from federal regulation under the commerce clause so long as we abstain from a regulated activity." why the liberals could cur

congress would be an insult to the 1948 congress. that was 10 times more productive than this congress. with the house recessing on the 21st, the earliest the congress has left to campaign in 52 years. the g.o.p.-led 112 congress has achieved the lowest approval rating ever, nearly nine out of 10 americans say they disapprove of this congress. maybe we should feel lucky that congress hasn't been here. because when they have been here, they voted to end medicare as we know it. give tax breaks to millionaires over the middle class. they have left town without passing middle class tax cuts, the farm bill, the violence against women's act, and responsible defendant reduction and they have voted for corporations to ship jobs overseas instead of passing the american jobs act. let's stop calling this the do-nothing congress. this is worse than the do-nothing congress. i yield back. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? does gentleman seek unanimous consent? mr. moran: i seek unanimous consent. the speaker pro tempore: the gentleman is recog

republicans to even consider compromise has resulted in the 112th congress becoming among the least productive congresses ever. the 112th congress is a congress when it comes to measured productivity. consider the most simple metric. the number of laws passed per congress. the legislative output of this congress a mere 173 public laws passed, is a pittance when compared to the 900 public laws passed by what was called the do-nothing congress of the truman era, or the 333 public laws passed in the era of divided government in the 104th congress. or consider one of the most fundamental constitutional responsibilities, funding the government, once again the 112th congress distinguishes itself of shear incompetence having managed to pass zero appropriations bills. the 112th congress looks even worse when directly compared to the democratic-led 111th congress which boasted a productivity level on legislative records during the era of franklin delano roosevelt and johnson in the 1930's and 1960's respectively. the landmark legislation enacted in the two year period 2009 and 2010. to put meager output of this current congress to shame.

congresses. not a united states congress, but a very republican congress and fighting for it advantage in fighting to win the next election. that did not happen by accident. it did not happen by accident. i believe in the free enterprise system and i believe in incentives. they work. we have created a political system in which every incentive is to not cooperate and not compromise and not talk to somebody who has different ideas than your own. and you know, that's great. it's great to be pure on your principal. but we are a nation of 310 million people. and we have all different backgrounds and we have all different life experiences and we have different ideas that we feel strongly about. the way a democracy the size has to work. no matter how deeply you feel about one issue or another, at some point, you have to be able to sit down with someone who has a different idea and find where the overlap is, find where you can give a little and get a little and get the bridges built. and get the programs that a constitutional program that government is responsible for and make them happy. so let me tell y

congress could go down in history as the least productive since the one nine hundred forty seven do nothing congress that served under president truman but it's worse than that the one hundred forty seven congress was able to pass some nine hundred six bills as of last month the one hundred twelfth congress has passed a mere one hundred seventy three now looking beyond the numbers the fact that capitol hill is is that capitol hill is getting ready to close and hasn't found a solution for military funding taxes the farm's bill cyber security and much much more for an inside look of what exactly is going on here congressman danny kaye davis who represents the seventh district of illinois joined me earlier well i think we have formally recess. i think quite some time and it's so unfortunate because this was such an excellent opportunity to pass meaningful legislation and signed serious relief for the american people to think that we don't have a budget you know live in on a continuing resolution when there are things that we know need to be done transportation for example we know that everybody could benefit from a transportation bill that would create jobs spur economic development as well as you

congress. and because of that, he lost some of his last, most precious program in an effort to try and go around congress rather than working with congress. now mr. speaker, that's why these -- this resolution is before us and why these two separate bills are here. both of them attempt to set the record straight. and learn that it is congress' responsibility to set the rules and the guidelines. it is not an administrative prerogative. we as congress need to step forward and say, we are the ones who do this. we should not allow it to be done by anyone else regardless of why it's being done or the merits of why it's being done. it's our job. we should learn from history. we should be more like john paige and try to make sure that congress does these types of issues and makes these types of decisions. and less like presidents later on owho thought the president speaks for everybody and the president has every right to transcend separation of powers and do it for himself. that's the basis of these two bills. that's the important issue. we should learn the lesson of history. with that, i reserve the balance of my time. the speaker pro tempore

congress from their own political party. i'm sorry region had the senator. he never a full congress that was republican. bill clinton did have a full congress that was republican, but of course, bill clinton was a democrat and so you had fragmented government, george w. bush had a republican congress for a total of a bit more of his four of eight years. bush scarcely has list domestic legislative accomplish thes -- perhaps the 2012 elections will generate a june fied government that will be able to pass the preferred programmings. but it would certainly be [inaudible] most likely according to most sobers that the time, is the more or less maintenance of the status quo. in which barack obama will continue to occupy the oval office, while the republicans don't control row number the house of representatives, the senate at this time. i think being up for grabs. so we should be open to the possibility the current election will fit the shakespeare began of sound and furry signifying nothing or very little. with with regard to the domestic policy, and that is what i'm focusing on. perhaps not nothing. consider the conclusions of tom freedman's co

congress? >> exactly right. this is a choice. the president i think is going to win this election. but he needs a partener in congress. there's a deep sense of buyer's remorse set in with the republican congress. they wanted a rep congress that would focus on new jobs. they got a congress focused on opening up new opportunities for millionaires, jobs at home, they got a congress protecting tax breaks for corporations and shipping jobs overseas. when the president says that is a choice, he's right, it's a choice between policy that's create jobs at home and expand the economy from the middle class out or republican presidential candidate that thinks you can expand from the top down. >> doesn't answer your question. bill clinton on the road for democrats will be i think very effective. he has completely rehabilitated and become a effective surrogate, very strong like in my home state of florida. i think -- i'm happy for bill clinton, because i know this was a sweet justice for a hurtful primary years ago. >> i'm sure he'll enjoy that sweet justice. steve israel, congressman from new york. it didn't take the romney camp to respond to the president's address. less than an hour after he releft the

congress? >> guest: i would. i think the public is ahead of the congress on privacy, and i think, you know, companies like microsoft and some of of those guys are ahead. i mean, they're building in their default positions. they have more and more privacy. but in the congress we're still, in my opinion, a little bit behind the curve although we gained a lot of ground in this congress. our privacy caucus in the house that chairman, former subcommittee chairman markey has co-chaired with me, republican/democrat, we have got i think 30 members, so not quite 10% of the house. so we, you know, that's a sizable number, and it's bipartisan, about half and half, half republican, of half democrat. >> host: also joining us this week on "the communicators" is howard buskirk. >> host: let me ask about privacy, tell me where that issue has resonated with you. >> guest: well, you know, we have the tea party now, and they're real big on a strict interpretation of the constitution, but i was tea party before there was a tea party, and i think the fourth amendment can be construed to be a privacy amendment, the right against search and seizure in your home without due process, and i strongly think that, you know, the privacy protections that our founders took for granted i

congress. this congress has failed to do exactly what they have sworn to do and that is to support the constitution of the united states. when you are making laws, it is not your prerogative to put your party first. host: alright. mr. woodward. guest: as i pointed out in the book, there is scene after scene where the republicans show that they will not budge on some of these things. in their view, they are adhering to the constitution. in their view, they're doing what is necessary. but the key point is that speaker boehner is at least a nominal leader of the republicans in the house and open these negotiations last year with the president. they're all kinds of offers and discusons going back and forth on this. you can see the detail and you -- you may blameahaw obama or you may blame the republicans or you may blame me for writing this. but this is, if you will, the performance review. this is what we used to always call the best obtainable version of the truth. host: 1 last phone call for you. south carolina. caller: please let me stay few facts and don't cut me off. host: we don't have time for a few facts. caller: first, i want to compliment mr. woodward on his book. i know he is a very intelligent man. he wrote a nice book. the facts, i want to get over this line here. first of all, want to remind everybody, for the last six years, they have had the majority of the senate. for the four of the last six years, the democrats have had the congress. and only -- it has only been less than two years that the republicans have had the majority. guest: that is true. at the same time, the problem has increased as we spend a trillion dollars a year more than comes and. -- then comes in. the whole point of all this is that it is not over. host: on lap one, i would like to show the viewers this picture -- on that note, i would like to show the viewers as picture in your book. the look on their faces. if you could speak to what happens next and the likelihood of these people coming together to talk again and doing more than they did last year. guest: ok, yes, they are not happy. this is when they vote to the president out of the meeting in his own house. sometimes political leaders rise to the occasion and do things that are not in their personal political centers for their party's interest, but in the larger national interest. and you are always looking for those leaders and those moments when they will say we have to do something here.

one thing that did emerge out of it was we cooperated with the republicans in congress and democrats in congress to cut over $1 trillion in spending. very significant. down payment. the president has a plan to reduce the deficit by a total of $4 trilogy york a balanced approach. you know we have some deadlines coming up, obviously, after the election. you have a sequester deadline, tax cuts expiring. those tend to be forth actions in washington. and i do think one of the messages that will come through in this election is the american people want us to compromise and they want a balanced approach. i don't think anybody-- this president has been-- we've taken some heat from our own party for our willingness to compromise. we have been out there, willing to meet them halfway. and that is what is going to be required-- you might remember during the republican debates, the republican candidates for president were asked if you could get one for 10, $10 in spending cuts for $1 in revenue, would you take it? mitt romney refused to raise his hand. that's not going to be the answer here. we have to have

the hang seng followed suit, helped by congress congress property place and internet giants. turning negative in late trade to end at a four-week low. lost over 6% after it proposed to revise down its stake back in march. energy places and industrials sent the kospi higher by .4%. samsung electronics lost a round after apple targeted four more cents on products. the afx 200 eked out modest gains, higher by .3%, helped by banks and resources. australia retail sales data fell 0.8% in july, more than expected. lastly, sensex downly .2% at the moment. that's all from me. back to you. >> thanks for that. now, for those of you watching, you're back this week. >> i'm back. >> let's share how it feels about me being back. >> the chair is very happy because the chair has a voice. >> you guys had a good thing going. there was great banter, you and the chair. >> what i thought was interesting is you were in the states in jackson hole, you're here for the ecb. are you going to go back to the fed for the week? >> no. i was in the u.s. for our bank holiday and now i'm here for the u.s. lab

congress who spends the money. he was part of that congress. that is the congress of 2006. orge bush with all this major spending and that congress, congress spends the money so barack obama spends the money. george bush gets credit for it and barack obama comes on like a new kid on the block and says he inherited this terrible economy, from himself. are we better off today than when george bush took over? look at the gas pump. we're not better off. look at food. it is going up and up as the dollar goes down. we're not better off. we are spiraling down. things are not getting better. there is a lot of political rhetoric but look at the facts, not the rhetoric whether you are an independent like me or on the left or the right. guest: i think there are a lot of people who feel the same way you do. i talked to many people in north carolina who feel like we're not better off. former president clinton last night maintained that we could be in worse shape. obama not done what he believed what barack obama did. what you say is really what many independent voters and many people in

the white house took congress saying details would happen and they turned that into an opportunity to message on congress failed to act again. they turn congressmessage back on congress. host: one of the reports may be saturday morning said that one part of the cuts could come in embassy security around the world. what you make a bat and how congress react to the report this week? guest: anything is potentially 7%r game when you're talking to 10%. you will still lot of discussion on just how american defense its people abroad. this is not just a situation. renewed situation -- this is not just a situation where we have seen protests. an american ambassador was killed. the reaction has been tamer than i would have expected for seeing an american ambassador killed. i think you'll see every to cut off funding from some american allies or people we thought were american airlines. the consulate in benghazi not guarded in the way one would expect an embassy in the capital city to be guarded but even one might expect a consulate in a hostile territory to be guarded. host: we are talking about the congressional agenda in campaign 2012 with jonathan al

congress does and congress's role here, which is giving ney, there actually happens to be a big flight on the floor of the senate as we speak. rand paul, who historically does not like the idea of giving foreign aid, is using this as an opportunity to hold up the massive spending bill for government, because he doesn't want to continue giving money to egypt, afghanistan and pakistan. he certainly had some allies in this, in the conservative movement and also ironically, more liberal members of congress who think that that money should be spent at home. but don't expect that money to be withheld right now. >> i guess we can expect that this will be part fact finding and part lobby effort. thank you, appreciate that. quick note for you. >>> the house is going to be briefing. she'll be very busy around 2:45 this afternoon eastern. the senate gets the same treatment an hour later. they are staking this house and watching for all the details and we will bring them to you as soon as those closed doors become open doors. dad's tablet... or lauren's smartphone... at&t has a plan built to help make families' lives easier. introducing at&t mobile share. one plan lets you share data on up to 10 devices with unlimited talk and text. add a tablet for only $10 per month. the more data you share, the more you save. at&t. the more data you share, the more you save. the wheels of progress. seems they haven't been moving much lately. but things are starting to turn around because of business people l