it had to do with the door of our house or how close was mark sitting next to me, ect..in the information era, the privacy has become very distribute the, so, for example, you have transivity. if i let mark sit close to me, he can't pass the ability to sit next to me next to friend because i know it's not mark. whereas if i give a piece of information like my birth date to a person, that person can tell a lot of other people with no loss of fidelity or accuracy, so that is just sort of one example of the changes in how we think about privacy and deal with privacy, and so then that makes us at microsoft think about a lot more nuanced ways to control privacy so it makes us think about are there technological ways that using both, you know, rules and definitely things like incringes we can -- save information, but disappeared after a certain period of time. there's smart meters in the house with information about everything used in the house and at what time. the upside of that is that you could, let's say if the energy company was charging different prices at different tim

behavior while some insist that any change as long overdue for others it's purely cosmetic of birth ect there were so many events with police officers behaving illegally in russia during the years. this very fact is not going to be changed by the change of the law because these illegal practices were concrete of the previous legislation as well as cauldron of the current work the big question is whether there is the political will. they get it under control the police themselves though are preparing for the changes to come up with a huge part of our ratings well depends on the people of this country how they evaluate our performance this colonel is already grasping the essence of modernizing the force her students seem eager to absorb as much information before their upcoming exams so that it was that everyone will be interested in physical ability knowledge of new law civic duties all those are included in the exams there will be no indulgences for anyone either pass the test or leave the force other changes are a mixed blessing there. b. a twenty percent cut in personnel but the remai

you listed four exit strategies in order, fed funds rate, ect., repossession of assets, ect., is there an order in your mind in >> that's a good question. is there a chronological order? i don't have a fixed chronological order, although i think we'll have to be doing rate moves and some of the more temporary immobilization of reserves before we get into a longer term process of asset sales, so i would see asset sales coming later rather than earlier. >> thank you very much. is the appropriate monetary response to a further oil price surge a tightening, easing, or no change? >> did everybody hear the question? [laughter] i was hoping you didn't hear the question. [laughter] give me a little more time to think about it. [laughter] >> want to take a pass for another question? there's lots of questions. >> in my mind it depend on how oil price surge plays through to the broad economy. if it plays through the broad economy, and i think there's quite good research on this, in a way that portends a recession, then i would probably take the position that we would respond with some loosening o

berger, which is you can enter into an agreement ect., ect. which the contractor can demonstrate that notwithstanding without suspension or debarment so forth and so on. did aid have a potential basis for suspension or debarment of louis berger. >> thank you for the opportunity to address lose berger and the issues. i understand the outrage you have behind your questions, and i want to assure you i too share that outrage when i heard from louis berger had been doing for a period of years through the falsification of the interim class rates. by the time i became aware of this, and i will say quite frankly that our relationship with our inspector general's office in a timely information has been much improved since that time, however, by the time that i became aware of the issues through the department of justice, when we met with louis berger, they had already taken substantial remedies. >> could i go to the particular question i was asking? >> yes, sir. >> which was -- and i'm taking louis berger's language. to enter in an administrative agree

if you are in el paso, l.a., and you have google, linkedin and ect., what difference does it make? justice ginsberg said prom nans doesn't niecely produce prejudice. this does not require ignorance, and in the age of twitter, you'd have to be under a rock. it doesn't matter if you live in tucson or tennessee. >> go to the murray case a bit. you had observations about that too, didn't you? >> well, i'm going to be in los angeles as a numerical manner with 60 press requests of media to get seats in the murray trial, the doctor who allegedly killed michael jackson. the court has granted me a seat, not to cover the trial, but to cover the coverage. [laughter] once -- [laughter] >> how did you swing that? >> i don't know. i like high-profile cases. one of the persons covering the trial is on my board. i don't want to anger her. i will be monitoring the rulings. if the judge makes a venue ruling or sayses things from the bench that affects amendments, i'll where about that, but i think when people read the "new york times" and "l.a. times" or the "wall street journal" and when the storie

have to look at the bottom line and wonder where can i cut, where can i show cost efficiencies and ect. are you concerned that a lot of what we talked about will be constrained by this budget environment? >> i think the time has come for us to look inward now. we have grown dramatically over the last 6-8 years. that growth has given us a capability now to look inward and gain efficiencies by looking at how we operate. istle give an -- i'll give an example. when cbp became cbp, one the first programs we put into place was what called "pushing the borders out" of which csi containership was prior to protect us far away from our borders as we could. at that time the only means we had in order to start up csi, container security initiative was to place our people in foreign locations, 32 countries, 58 locations is where we had our people physically located. fast forward to today, and now we are looking at options that we take a look at doing the same type of capability, but by way of virtual connectivity so we may not have as many people or any people depending on the country we're talking

ects of i think most importantly are nor the practical aspects of going to war. it's that we didn't follow the constitution going to war and e should have. power the constitution says very clearly that the power tohat wa declare war is a power that was given to congress and not to thw james madison in the federalist papers is fixed as it that thist was the power given to congress and not to the president. the president's own words areind incredibly important here. the hypocrisy is amazing. in 2007, the president said, any president does not have the power under the constitution toi unilaterally authorize a military attack in a situation that does not stop in an actual or internet threat to thedent nation.lier and yet herely twe have a prest cavalierly taking us to war. ti he seems to have had a lot of time to talk to people. he talked of the arab league. they have time to get together and vote on it. he talked to the u.n. they have time to get together contempt for the most important body in the united states that represents the people in the u.s. congress. nato.

., ect., that at least there was some permittability. that's what they saying. it used to be, you know, we'd submit an application for a permit, and it might come back to us two or three times for additional information. now, they're saying permits come back to them 20 and 30 times for additional information, and it is just delaying the permitting process. how are we going to get the agencies to work together and that we, while we do the proper oversight and environmental reviews and everything else that it's not just a continual foot dragging. >> two parts of the question. one, how do we make the process efficient? i think as both you and mr. moran mentioned, deepwater horizon was a shocking event for everyone, and not surprisingly it prompted a lot of activity within the agency in terms of developing new rules, in processes, new procedures. as those were rolled out to industry, they were complicated and did took time for industry to absorb them and frankly, it took time for our people to absorb them, explain them, and understand how to

the cases where you have a first party such as facebook and facebook tracks behavior on another site, ect, and given that want consumer had a first party relationship with facebook, as long as notice is provided and choice is provided for facebook to acquire the information, is that a point somewhere in between the first and third party? we've been struggling with this a little bit. >> [inaudible] oh, sorry. that's a great questionment i believe in that context, facebook, so facebook is a first party and a third party. in the context when you enter facebook.com into the url in your browser, that's the first part of the browser. if you're on "washington post" and there's facebook apps october gauge, that's a third party widget. i believe that falls under third party data collection. it's a little nuanced since then you're interacting with the widget. in the case where users knowingly interact with the widget. that could be a first party. >> would the notice be the first time when you first sign up, this can happen or notice occur each time, each page or how does it work? >> i believe since

effort to try to get the demand side and it was very, you know, intense effort advertising campaigns ect., and there were successes. as admiral allen said the teenage use is way down from what it was in the 80s and 90s as well, but it's a given that there's going to be significant demand in this country, and we're such a big country that that will fuel a lot of bad activity from suppliers willing to fill demand. i don't know any experts think we can stop the demand or it's small that is stoppable, but there's a certain level that's inherent in our culture. >> any other questions? oh, yeah, over here. >> i have a question for commissioner ahern. can you talk about how the nature of the threats have changed over the years? >> that's a great question. when you look over the 30 years -- >> oh, there you go. >> over the 30 years you clearly saw the drug trafficking threat, you know, changing as admiral allen talked about with the low flying aircraft, the boats to then shifting into the maritime commercial world, a lot of different initiatives down there, and now you see the drug trafficking m

the cases where you have a first party such as facebook and facebook tracks behavior on another site, ect, and given that want consumer had a first party relationship with facebook, as long as notice is provided and choice is provided for facebook to acquire the information, is that a point somewhere in between the first and third party? we've been struggling with this a little bit. >> [inaudible] oh, sorry. that's a great questionment i believe in that context, facebook, so facebook is a first party and a third party. in the context when you enter facebook.com into the url in your browser, that's the first part of the browser. if you're on "washington post" and there's facebook apps october gauge, that's a third party widget. i believe that falls under third party data collection. it's a little nuanced since then you're interacting with the widget. in the case where users knowingly interact with the widget. that could be a first party. >> would the notice be the first time when you first sign up, this can happen or notice occur each time, each page or how does it work? >> i believe since

specific prohibitions on no-document mortgages or pick as you pay, ect. in the financial reform bill, and secondly, a requirement of risk retaliation unless you had the residential mortgage with a 20% down payment. is it the case that the reforms we've adopted in the market give us more flexibilities as we design the system going forward? >> they do. i think they are very important. i think any system working better in the future requires homeowners to hold more equity against their homes than they borrow, and banks have to retain more risk, you you have to have more conservative underwriters. that is a lot already in place and coming into fruition. >> that's important to know, because we are look k at the bet -- looking at a better set of mortgages going forward as a safeguard. thank you. >> i would say we support the emphasis on rental multifamily. i think the government did a lot of things in the mortgage market, a lot bad di, some well, but too much of the support we provided went to home ownership opposed to rental, and too much went to relatively fo

. >> we have been working -- i do not know the ect status. but we have been working with the fdic to come up with some kind of agreement. >> the rubble on that, i guess, they got together at -- the rub on that, i guess, the get together. you know what the legal requirement is to servic them within the cure and -- during the q r m? >> the banking agencies' ability to qualify a residential mortgage, according to the definition of a more rigid a certain quality, to avoid the need for retained risk. >> is there anything in there really that goes to the language of servicing? i do not think that was ido -frank.- in dodd = >> i will have to give back to on that. the servicing isart of the mortgage contract. >> what rights does the bar have? in particular, a mortgage which can be restructured efficiently is a better quality mortgage than one that cannot be altered. >> if you can get back to us on that point, that would be great. back on this wholessue of the market, back in october, you should the report with risk retention issues. risk retention is

ground running short of medical supplies who need doctors, who need in some instances clean water, ect., that we're able to help them to get a clear way to do that. we're trying to sanction access he has to his accounts. we're trying to make it clear to the people around him that there will be an accountability through the international criminal court and other steps taken, but i appreciate the tenor of your question because if this were easy, we would have already done it, but this is not egypt where we did have 30 years of relationships. it is a much less easily understood situation, but we're making progress. we're talking to a lot of the opposition leaders. i will, as i said, be meeting with them myself. we are suspending our relationships with the existing libyan embassy, so we expect them to end operating as the embassy of libya, and we're looking to see whether there is any willingness in the international community to provide any authorization for further steps. i am one of those who believes that absent international authorization, the united states acting alone would be stepp

there's obviously language ect. that points to one side, and if people were perfectly consistent with that language that shows a kind of congressional deference in these situations, then i'd say we're free and clear, but obviously lopez and other recent decisions make a distinction about using the commerce clause for only economic activity. obviously, we -- i believe and the obama administration is arguing that an area which touches such tremendous amount of economic activity is economic, so i think that's a conflict. i would like to take on a few, or just address a few things that roger referenced, and i would say that i deeply respect that the historical view he has of the constitution, and the perspectives of the constitution, but i would say that this argument around the 1930s locke court, what i found very sort of interesting about this perspective on the exceedingly limited role the government has and how add heerpt to originalism would find that much of the modern economic state would be in regulations thereo

i know it's going -- we are not going a ect if the seniors right now. the seniors right now, full benefits, even those that are about to become seniors, full benefits just right now. if you raise that age to 69 over 25 years, i think -- over 65 years, i think that's a pretty good deal. that helps keep social security solvent. the payroll tax originally was set up to be roughly 90% of payroll. it's down to about 85 and scheduled to go down to 82%. that's not the way the system was designed. the system was designed to work at a higher level. if we go back to that same payroll level that's subject to the payroll tax to fund social security, it helps keep it in balance. there's means testing. as a new member of congress, hardworking small business guy, i was not focused on social security, but in congress it's a big, big thing. i'm getting close enough where it becomes a personal issue. i did not know social security is already means tested. the commission suggests a little tweaking of that to make sure the poorest of the poor still get good benefits and ma