dodd. i could say a lot about senator dodd sr. he was a prosecutor at the nuremberg trials, remarkably principled, skillful prosecutor. became a member of the united states senate. as a young man in connecticut -- me -- growing up, thinking about a political career, when i heard that senator tom dodd was somewhere within range of where i lived or went to school, i went to listen to him speak. he was a classic orator, an extraordinarily principled man who had a great career here in the senate. and as we know from the years we've served with chris, the characteristics i've described in his father were taken and put to extraordinary good use here in the senate. chris' words were very important. and as senator mcconnell said should be studied by all of us and anybody thinking about coming to the senate. we all talk about this being an age of hyperpartisanship, but i think that misses the point. because as chris said, he's a partisan in the best sense of the word. he's a principled partisan. he's passionate about what he believes in. b

and so talk about bankruptcy dodd-frank cash in dodd-frank thing, i guess i would like to talk about the road law. so what is the rule of law? we got a general sense about what the rule of law is. rules announced beforehand, equal treatment of everybody on the law, arbitrary discretion being constrained. we kind of know what the rule of law looks like. and why does the rule of law matter? well, we've got a lot of research on why the rule of law matters. and because it really is the cornerstone of economic freedom and prosperity. enforcement of contracts, regularized bankruptcy processes, a big when it turns out if you look at the economic literature is non-entanglement of banks and the government, a very quaint notion nowadays. enforcement of property rights, all these sorts of things. so if you want to know the difference between the united states and a lot of places that are not rich, it's because we have the rule of law here and they don't have a rule of law there. so there's a lot riding on this. and what crusaders for the rule of law around the world have been talking about for

so dodd-frank is truly comprehensive.o whether you like the billboards don't like the bill, it's affecting a very wide range of responsibilities. there's a new consumer regulatory structure with the bill of the consumer protection. i have faith in putting that in, but also scares me a bit. i think we had to have a separate agency to look at this, to make sure it got enough attention. and i could go on at length as to why i think that was necessary. but at the same time, were asking it to be something very difficult, which is to balance protection of the consumer with allowing risk-taking to still happen. my biggest fear -- and in the industry's biggest fear as i go to people in charge of that euro who wind up just stopping a risk, which of course is the gold bureaucrats often have. you tend to stomp a risk without also stomping out economic growth. i hope they get it right. often have faith they will, but their risks. similarly, were doing a number things on derivatives that will be important. they are going to make it mo

senator chris dodd, children and families are chris dodd's hallmark and his legacy. he's been here a long time, six terms, i think. but i felt privileged to work with him on the same subcommittee on children and families. he's focused on premature births specifically and a whole variety of other legislation. we'll also miss his congeniality, his good humor and his devotion to the senate as an institution, making sure that it stays unique as a place where we have unlimited amendment and unlimited debate so the voices of the american people can be heard. senator byron dorgan, i once heard our chaplain say there is no better storyteller in the senate. he didn't mean he was making up stories. he said he was good in taking what he figured was the truth and explaining it in ways the rest of us could understand. i've especially enjoyed working with muslim on legislation that would make -- with him on legislation that would make it easier to introduce electric cars and trucks in our country. senator russ feingold will be remembered for his strong stance, sometimes solitary s

most of the people i talk to on wall street, they'll all tell you that the -- what was passed, the dodd-frank bill, while it had good things in it, most notably the ban on proprietary trading -- really, there wasn't anything done to change the essential problems that led to the financial crisis. the biggest problems, again, being that these banks are too big now, that the main problem is that we cannot let these banks fail no matter how irresponsible they are and there were efforts early on in the dodd-frank process to try to break up these companies and make them smaller but we failed to do that and that's an important problem we didn't address. tavis: is it just the banks or broader than the banks? i raise that because many times on this program, while this was going on, the healthcare debate, that is, the stock of the healthcare industry went through the roof the week it was announced they cut the deal with the obama administration. so clearly, they were happy, if there was going to be healthcare reform, they were happy with what they got, again, to the point that their stock went up. so i

the dodd-frank act addresses the core problems that led to this crisis. system by addressing major gaps and weaknesses in regulation. it puts in place boppers and safeguards to reduce the chance that another generation will have to go through a crisis of similar magnitude. it protects taxpayers from bailouts. it brings fairness and transparency to consumers of financial services. and it lays a foundation for a financial system that is pro-investment and program. but the work is far from done. enacting this law was just the beginning. we have now begun the difficult and complex process of implementation. and today i would like to does this passionate discuss some of our a college was that before i describe how we are in limiting the act, i wanted to tell the broad principles that are guiding our efforts. verse, we're moving as quickly and as carefully as we can. wherever possible we are quickly provided clarity to the public and the markets. but the task we face cannot be achieved overnight. we have to write new rules and some of the most complex areas of

from dodd's staff apologies to dodd's followers last week was not from chris dodd. no indication that anybody hacked into the senator's twitter account. looks like the senator is determined to g wi the capital one venture card we get double miles on everyurchase. so we earned a holiday trip to the big apple twice as fast! dinner! [ garth ] we get double miles every time we use our card. and since double miles add up fast, we can bring the who gang! it's hard to beat double miles! i want a maze, a ord, a... oww! [ male announcer ] get the venture card from capital one and earn double miles on every purchase, every day. go to capitalone.com. i wonder what it coulbe?! what's in your wallet? >> sean: this is not gonna be a november to remember for president obama earlier this month his party suffered historic losses in the midterm elections. his recent trip to asia can be summed up as a waste of time. his pal charlie rangel making headlines for the wrong reasons. nancy pelosi refusing to go away and has been elected the next house minority leader. worst of all for the p

from dodd's staff apologies to dodd's followers last week was not from chris dodd. no indication that anybody hacked into the senator's twitter account. looks like the senator is determined to go out on a high ♪. -- high note. there's price. there's value. don't confuse the two. e-trade. investing unleashed. wi so many to choose from, it's hard to see the difference. but th is the way most dentists choose a toothbrush. fact is, more dentists brush with an oral-b toothbrush than any other brush. ♪ if you could see what your dentist sees, you'd reach for oral-b toothbrush, too. ♪ trust the brush more dentists and hygienists use... oral-b. >> sean: this is not gonna be a november to remember for president obama earlier this month his party suffered historic losses in the midterm elections. his recent trip to asia can be summed up as a waste of time. his pal charlie rangel making headlines for the wrong reasons. nancy pelosi refusing to go away and has been elected the next house minority leader. worst of all for the president it is getting too cold for him to go golfin

one thing i li abo dodd- frank, todd says the problem with dodd-frank is that it institutionalizes the abuse of power. the thing i like about that institutional as agent is that at least it creates -- institutionalization is that it creates some expectation. you cannot price if the rules are going to be abandoned every time the government encounters a favored political constituency inside of an environment like bankruptcy. i disagree with todd. i do not think that bankruptcy is the appropriate vehicle for everything. we do not use it for everything. it is not necessary to resolve every crisis. . . i don't think that we can easily amend chapter 9 of the bankruptcy code to cover california. i think that when we suggest this, we're again going to the framework of the debate between david and steven. i think david and steven are focused on results and not recognizing the importance of process. one of the problems with amending article 9 to include to allow states to file for bankruptcy is to recognize the difficulties that the 11th amendment to the constitution poses for such an amendment

senator dodd said he was having another hearing. i expect this to the focus on the foreclosure process. as've already stated and you've mentioned it, too, there's a great deal examined on this topic alone. it appears that this hearing has also become a foreclosure litigation hearing. mortgage modifications is an important topic to be sure it is certainly one that warrants its own hearing. but if we are to examine the issue of foreclosure litigation we should examine the extent to which bar where fraud has distorted the modification process and inflated overall foreclosure numbers. this is a critical issue considering the u.s. taxpayer has spent more than $50 billion on forclosures mitigation programs. we need to know where our mitigation efforts are best directed and where our money is being wasted as a result of fraud. understand there are no witnesses today that can address thtopic of the bar were fraud, but we should have that. mr. chairman, i call for a full investigation on this matter in early october because i believe that th

a clarification quickly followed apologies to dodd's followers.ast tweet was not from chris dodd. >> president obama has said the u.s.-mexico border is the most secure it has been in 20 years. the texas governor rick perry says he is open to sending u.s. military troops into mexico. national security correspondent jennifer griffin reports on what could be america's third war. >> captain stacy holland is in charge of the aviation assets used by the texas department of public safety. >> less than two minutes. don't have a lot of time to intercept these people. >> this is ridiculous. >> they talk about their surveillance technique, their tactics, they can be right now. they are literally fighting a war on the border. >> then send intel they gather to austin to a new joint operation intelligence center. director steve mccross, a former f.b.i. prosecutor employs counter insurgency tactics. >> certainly is a war in a sense that we're doing what we can to protect texans and the rest of the nation. >> last year, 9,000 people were killed in drug cartel vio

dodd-frank has limitations on the boards use of compensation consultants.the compensation consultant is owned by a company that is doing other work for the company that is outside, if that is the case, there needs to be more disclosure. host: a couple of more phone calls. scott, from georgia, independent line. caller: good morning. the first point i would like to make is we do not have any free market. the only free market is the black market. the rest of the markets are controlled by a handful of people, no matter how you want to look at -- a look at it. for some reason, the people at the top getting paid more and more is a good thing, yet, somehow, whenever the conversation switches to racing people's pay at the lowest end, there is this economic gloom and doom fallout. people at the bottom are getting just a few cents more. host: joann lublin? guest: you is a good point. another piece of dodd-frank that should give shareholders of voice in whether they like what they are seeing is a vote called say on pay. for the first time, thanks to this new law, shar

senator chris dodd is chairman of the senate banking committee.friend and we're glad to see you. what do you want to find out in this hearing today? >> we're going to have this hearing and another next week with regulators coming in, but we need to know the depth of the problem. we know about the robosigning. foreclosures are a mortgage the. they own it outright. or people being told you can only get a workout if you fail to make payments over a period of time. a lot of misinformation occurring. the industry is going to claim this is a technical problem. others are suggesting it's deeper than that. i don't know the answer to this. it's one of the reasons the financial stability oversight council really needs to get busy on this. that's why we reformed the group for moments like this where you have systemic risks occurring across the spectrum. this is a crisis of one magnitude or the other. i'm hopeful that the secretary of the treasure aand others will convene that oversight council, begin to bore in on this, drill down into it, and come up with s

and chris dodd is in the middle of it. the dust up over pat downs.nd security grilling the head of the t.s.a. over the stepped up airport security and passengers are grouping with a push to opt out and my guest says clam up. and always so good having you on. i am wandering do you thing if we had these aggressive pat downs or the machines that see you in your birthday suit we would have had what happened on 9/11? >>guest: no, clearly if we had these aggressive pat downs and invasive security mechanisms we would have spotted the box cutters and the knives and possibly the gun on the bodies of the hijacker on 9/11. they were visible to the cameras after the fact when the hijackers got through and murdered 3 the people on -- murdered 3,000 people on 9/11. if they had the inspection that the man in san diego went viral with, after objecting loudly to a groin check, but he is griping about an invasion of his liberties and he is overlooking the fact that he really ought to be more concerned about surviving the flight? >>neil: you make a good point showing t

. >> a discussion looking at the discussion of the constitutionality of the -frank- dodd reform act. it establishes new financial industry regulations. this is about an hour, 30 minutes. >> think you're much. we have a distinguished group of panelists today. the subject of this case, of this panel, is the dodd-frank bill and the constitutionality of financial regulation. if you like the size of the code of regulations before, you should be happy with this act. last week at stanford we had a conference regarding the constitutionality of the act, and a professor from harvard this did -- lifted everyone's house spirits by informing by july, 2011, when the regulations are enacted, the act has 2300 pages. one professor former member of the obama administration claimed to have read this. the act identifies 243 areas of rule making for 14 to 15 agencies, some yet to be created, and he projected the regulations to add another 43,000 pages to the crf. as far as the motivation of the dodd-frank act, there are views that is -- that it serves an important function in that it creates an excuse fo

senator dodd said he was having another hearing. expect this to the focus on the foreclosure process. as i've already stated and you've mentioned it, too, there's a great deal examined on this topic alone. it appears that this hearing has also become a foreclosure litigation hearing. mortgage modifications is an important topic to be sure it is certainly one that warrants its own hearing. but if we are to examine the issue of foreclosure litigation we should examine the extent to which bar where fraud has distorted the modification process and inflated overall foreclosure numbers. this is a critical issue considering the u.s. taxpayer has spent more than $50 billion on forclosures mitigation programs. we need to know where our mitigation efforts are best directed and where our money is being wasted as a result of fraud. understand there are no witnesses today that can address the topic of the bar were fraud, but we should have that. mr. chairman, i call for a full investigation on this matter in early october because i believe that

that we might actually see an audit well there was this small audit of the fed that went into the dodd frank bill that was passed in september so there is a certain asked there's some of this going to be done on this particular part of the activities not certainly all of them what ron paul doesn't have the power to do is convince the senate to pass anything that comes out of the house so anything that comes out of his subcommittee then has to pass the financial services committee which has to pass the house of representatives which then has to go through the senate and be signed by the president of the states so there is limited power and what can become law what he can do is use a megaphone of committee hearings to bring attention to anything that he thinks is a problem such as all of the problems that the federal reserve has caused over the past ten years they screwed up with interest rates coming out of the last recession that kept them too long too low for too long then they didn't raise them they didn't lower them fast enough when the housing bubble hit they mis interpreted all th

taxpayer will ultimately be responsible. >> on the issue of whether the dodd frank bill zeroed in onthe causes of the financial crisis, you might study section 342 of the dodd-frank bill which requires all the new agencies required and the firms which will be regulated by the agencies to adopt affirmative action programs regarding hires. next question. >> that was a brilliant lead into my question because i was going to build on the writings that are available at american enterprise institute about the government hand in the crisis. i will also add you have been warning about freddie and fannie for years. build on what the speaker was asking on one of the panels yesterday which is the "so what" question. the fed is enormously important and powerful. they forced bank of america to buy merrill lynch and told citi they couldn't by wells. they are -- buy wells. they are stage managing all of this. i personally think they are doing a pretty good job although others could disagree. but our comments, you made a number of lawyerly comments about what might happen in the face of this legislat

a very important element for dodd/frank is to create a macro prudential approach. it is try to look at the system as a whole. there a number of ways that can happen. when it the most basic is that the legislation creates a new council. it will have the major agencies including the fed and treasury. it will meet regularly and tried to talk to each other and identify the problems like a housing bubble. by comparing notes and working together, we should be better able to identify the problems. we cannot guarantee that we can see everything that will happen. it is very important that legislation takes a lot of steps to strengthen the system. i mentioned the basel capital rules. . . d approach. the federal reserve is doing is within our own appach to the get the system as a whole and identify risks that are emerging. on the other side we want to do erything we can to strengthen the system so it can withstand better than it did the past few years. >> university of north florida. my question is about your 2002 speech and making sure deflation does not happen here. you sta

. -- in dodd-frank. when three key is turned, the treasury route -- the treasury -- to take over a firm that is systemically important. there is a process for designating systemically important financial institutions and regulating them differently. the resolution rules do not require that the institution be present -- the pre designated. the institution then decide that if we think is important, if they fail, it will mess up the economy, and invoke the resolution rules. irresolution rules are structured with the intent -- the resolution rules are stricter with the intent of requiring the liquidation. there are all sorts of provisions built into the resolution rules that are designed to end taxpayer bailout. so when president obama says this legislation and a taxpayer bailout as we know them, he was thinking of the resolution rules in particular. will they and bailouts? no, they will not in bailouts. -- they will not end bailouts. companies can still be bailed out before we reach the resolution point, al

police say they found the stolen car and aban dodd the street after a chase. they began searching backyards for the suspect. police say a homeowner's 2-year- old pit bull charged the after and the police dog. >> unfortunately, the dog was a threat and our attempts to fail to control the dog resulted in us shooting the dog. >> they follow my dog. they chase each other. that's it. >> the dog's owner said his dog suffered a shoulder injury. and he would like to talk more to the police about this. >>> let's is check in with steve paulson, our meteorologist. >> is it still nice out there? >> very nice. it's still a beautiful day. a little breeze but it's not out of the north northeast for most. it's more of a westerly or a southerly breeze and still kind of windy in the hills. it's dying down. fog will be back. low clouds and fog coming down the coast, coming up the coast, cooling pattern on wednesday and then we'll carry that into the weekend where it will turn much cooler. there will be rain. as changes are abrewing. now today still sign but the leading edge of t

senator dodd said he was having another hearing. i expect this to the focus on the foreclosure process. as i've already stated and you've mentioned it, too, there's a great deal examined on this topic alone. it appears that this hearing has also become a foreclosure litigation hearing. mortgage modifications is an important topic to be sure it is certainly one that warrants its own hearing. but if we are to examine the issue of foreclosure litigation we should examine the extent to which bar where fraud has distorted the modification process and inflated overall foreclosure numbers. this is a critical issue considering the u.s. taxpayer has spent more than $50 billion on forclosures mitigation programs. we need to know where our mitigation efforts are best directed and where our money is being wasted as a result of fraud. understand there are no witnesses today that can address the topic of the bar were fraud, but we should have that. mr. chairman, i call for a full investigation on this matter in early october because i believe tha

. >> let's talk about alan greenspan recently criticized dodd frank arguing that it will impede economic growth. what is your response to that? >> that's like being called silly by the three stooges. alan greenspan's failure to do any sensible regular fwlags in the financial area is how we got into this mess. in 1994, the last democratic congress before the one that we are now losing passed a bill called the homeowners equity protection act mandating the fed to restrict bad mortgages. greenspan refused to do it. he said, the market knows better. he said, don't regulate derivatives. yeah, there was certainty. the certainty was that any financial institution can do whatever the hell it wants to do and it brought about this terrible crisis. we have responded to that and i think here his predecessor paul volker has a better part of the argument. we listened closely to him and others and we imposed some restriction that is greenspan should have imposed. now, the notion that we have created the uncertainty, this is the man who has acknowledged that his failure to use regulatory powers caused a

there is a cool front dodd there in west virginia in ohio moving in.rrett county, some sprinkles. the front will come in and move to the area. far south of the maryland line here, this is not very significant at all. as the front goes through, our air is so dry it looks like we may just see clouds and possibly a sprinkle. that is about it. this is an indication that there are some changes occurring in the atmosphere which will bring some changes this week. goodbye, 64. that was the airport high today. and a harbor hit 63. -- inner harbor hit 63. typically 67 is the high. 35 is the love. we have had no rain as of yet. annapolis 53. 48 salzburg. edgewood 55. parked in 53. fredericksburg down to 46 degrees. mchenry has dropped to 49. temperatures falling overnight, but not quite as chile. we will not go as deep into the 30's as we have been. expecting temperatures in the 40's and 50's. chillier in the mountains. we may make it to around 60 degrees for the high incidence into the 60's. off to the northwest, it will be cooler than that as the weather system

to have stood out on last check city councilwoman jean quandt led former state senator dodd brought by several percentage points. in san francisco this man is on his way of mayor gavin newsom and some will leave his person at city to become the state's lieutenant governor. today's 2 san francisco supervisors of the notions to start the process of finding a new there. there set to be voted on next tuesday. supervisor made a notion to set up a commission for nominations that could happen as soon as next week. he said it's important to begin the process as soon as possible. >> need to make sure that we have a steady transition especially with our budget deficit that's looming >> ahead of >> the next mayor will not take office until newsome leaves. gavin newsome says that will most likely be some time after january traded the person who does takeover will hold office until the next election in november of 2011. the city of santa clara will have to make tough choices thanks to a multimillion-dollar budget deficit. as critics cartels us official say city services and jobs will have to be cut

if we think health reform or dodd-frank touches this directly, if any, goc reform will take us that much further. >> just a quick, i think i agree with most of what others have said. i think the key from where i sit is to try to distinguish between their public policy or social function to promote a health market and a market for long term debt, and i think where the real tensions arose over the last ten years was the goc's were given a much more exceptive -- expensive, risky role in promoting social policies, and if we can do something in the next year that strips that responsibility and invests in a strickly funded government agency and leave the goc to do what they were created to do to promote securitization, i think we'll be a lot further ahead than where we are now. >> the only thing i add to this is one of the unique things the goc experience gives us is some insight into the conservativeship process and the fact that, you know, at the time when the crisis was hitting, thankfully congress gave to the treasury department and regulators the ability to place the gocs into conservativ

look at the dodd-frank bill. what does it actually do? the answer is, before you even get to elizabeth warren and her fabulous commission, and this board and that board and the other 50 things they constructed at the federal level, this thing liberates state regulators to hound financial institutions that was in 1864 have been indian from federal compared to state interferences. that means more state power. that means more state regulatory authority. if that's your federalism model, then by all means, go ahead. or is your model the federal aviation act, which liberated the airline on the regulated the airline industry by adequately preempting any and all state law relating to the services, routes, and so forth of air carriers. the lesson is this, if you manage to do anything at all for smaller government in washington, d.c., that doesn't mean the pro-regulatory constituents are get. they were just migrate to the state that if you want to make smaller government state, you must preempt the states and you must preempt that maneuver. to repe

moreover the implementation of dodd-frank and causal -- basel iii will be sped up. it would be better than the taxpayer bearing the risk. ultimately borne by the customers of the banks. customers who want to live in short on deposits and borrow along with 30-year mortgages are going to find that the spread is wind out. -- widening out. i think there will be in effect on the cost of credit. if the requirements or phased in slowly, credit availability should continue to improve, given that it is much tighter than it needs to be as the economy returns for prosperity, so there will be up dampening effect. i think it is quite limited. and there is a very positive long run trade-off for these changes, the extent that the requirements and the changes in practices make our system sector, but more resilience, less subject to this sort of crisis we have just been through. that crisis is adding substantial continuing costs, reducing the possibility of incurring those costs again. it seems to me, it is a very positive aspect of regulatory reform and higher capital and liquidity

rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable christopher dodd, a senator from the state of connecticut, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. the presiding officer: under the previous order the senate stands in recess until the hour of 9:00 a.m. on tuesday november 4 -- on thursday, november 4 -- on thursday, >> now i look at prosecuting and defending cases involving classified information. this form was part of a conference hosted by the first amendment center on how the media and criminal justice systems both deal with questions of national security. analysts include nbc news investigative reporter michael isikoff. this is about an hour and a half. >> i wanted to introduce, actually little partner in crime, baruch weiss for the past five years. and i have been any number of matters together, and a number of sense of national security mattersss together.ed and i told you i would be a busy that i will be short. e am baruch weiss came into the private sector as a white-collar trial lawyer and defense

>> i am cecilia dodd, assistant superintendent for special education. one of the major recommendations in the audit report from the urban special ed leadership collaborative is that we begin to put a change in our thinking and focus on serving children with disabilities in the least restrictive environment. we are not serving children in the least restrictive environment in the way that we really should be. so they recommended to think about inclusive practices and an integrated set of services rather than inclusion programs. currently, we have students with disabilities whose iqs say that they need inclusion served in what we call inclusion programs that are not located in all schools. as a way to move forward with serving kids with disabilities in a more inclusive way and a more integrated way, we are proposing that we start small, so that we can be successful, and use an opportunity while we are looking at the student enrollment process to really look at how we enroll children and youth with disabilities and think about a way that more children can u

chris dodd of connecticut suggests the foreclosure crisis was ignored or swept under the rug for tooong. >> many were quick to call the problems texas alone and that no one was losing a home without cause. the current business model is broken and not equipped to deal with the crisis. >> all right, we understand that some former bank executives could soon face criminal charges? >> that's possible. the fdic has 50 criminal investigations under way at bank executives looking at cases of fraud. two civil lawsuits have been brought. this involves failed banks of all sizes with the focus on those that could be responsible for the largest bank failures in 20 years. >> german officials stepping up security across german airports in response to a new terrorist alert. the tip came from an unnamed country but had concrete indications that terrorists plan to attack germany before the end of the mone the month. onwe are getting an update on a search for two missing women and a boy in ohio. we have been watching a police news conference. our producers are watching it now. rick leventhal will have

loman who's head of their lending division was speaking before the senate committee headed by chris dodd member friend of angelo what fellow my father is league gang my uncle is sam and i'm a friend of angelo mozilo yeah countrywide extortion is billions ripped off slap on the rest nothing penalty whatsoever financial cherish it being on time our government's asleep obama's asleep forget the hope we want the real dope so here you see david loman speaking before the senate committee and he is explaining that cheney's is trying as hard as they can to help all those being foreclosed upon in america and in the background is bruce marks who is the head of neighborhood assistance corporation of america which tries. for well over the past decade to try to help low income households foreclosures significant hardship. you. know they're hurting right. here. a lot. so this is one zero hedge called going postal bruce why go to a gun fight with a knife ok you never got to conquer j.p. morgan they're plugged into the government there's no rule of law the plaza jamie diamond and j.p. morgan that if the

they can but you know it's very difficult to say where it's going to go earlier my colleague bill dodd spoke to former intelligence officer and analyst glenmore trenor harvey he says technology has helped tripped up the intelligence community. what you choose is how the whole intelligence community has become over reliant on technology i mean the idea of something called net. net the secret internet protocol and the idea was for an exchange of information you know after nine eleven where the intelligence services were sharing their information together that what has happened that whereas maybe forty thousand people within the intelligence community would have axes suddenly bizarrely diplomats military people and indeed intelligence people there's over two million people stewart so what is extraordinary we haven't had leaks like this before and does that mean in effect that we could exist done in the us a favor here where i just noticed that right now the u.s. the white house has said it will be tightening security after all in a sense not in favor in some way it talk about stable doors

speaker, i understand that diane dodd, another mep is working hard to address some of the difficulty experienced by the fishing industry in northern ireland especially to the matter the honorable gentleman related. the fishing matter but i will undertake to look at this and put a country of the library -- i put a copy of the letter into the library. >> order. questions to the prime minister. jason mccartney. >> number one, speaker. >> mr. speaker, i've been asked to reply. my right honorable friend the prime minister is in china and he's leading the trade allegations in china and say now travelling to seoul for the g20 summit. mr. speaker, i'm sure the whole house would join me in paying tribute senior aircraft scott hughes of the squadron royal air force regiment who died if cyprus while returning from operational service in afghanistan. he was a professional and brave airmen and it's very sad that he died while returning home from a tour of duty. our thoughts are with his family and loved ones. mr. speaker, this week on the eve of remembrance day, i think we especially remember all

if the judicial review of actions taken under the job -- dodd-frank bill are somewhat different from that which we are used to in the regular review of agency actions when the review was limited to arbitrary and capricious action as opposed to the more standard abuse of discretion standard? >> let me take this. is a great question. let me take this one first. i don't think limiting review is a drastic reduction in the capacity of the court to take a hard look and in fact those words hard look our terms of art in administrative law. i think if you look at the development of administrative law from the 60s to the '90s, one of the biggest most important things that happened was court courts finding the notion of arbitrary capricious review could actually involve an executive review of how an agency was going to try to implement legislative authority. i view the non-delegation doctrine as if it is to live it mean something and while i jokingly referred to the napkin napkin -- i think there is intellectual complex in saying there has to be an intelligible principle. if you have to that so