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Apr 11, 2010
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you are on the road to the gulag or the death camps, et cetera, et cetera. to the age of ideology, i certainly say good riddance. but capitalism, you always needs breaks on any system. -- brakes on any system. every vehicle needs braking mechanism. how hard do you want to hit the brakes? i'm afraid human beings are so subject to the motions and can be stirred up biuret rate -- by rhetoric to first of all drive too fast and hit the brakes too hard. now in the past 20 years, we drove too fast. because capitalism with all of its inequities and flaws has nonetheless given us, those who have been lucky enough to be born in the functional capital of systems the best quality of life and greatest system of freedom in human history. so anybody who says capitalism doesn't work, fine, show me something that has worked better. do you want to live in the old style state et cetera? capitalism, i am not one who has profited from it. i have a better life than my father and mother who had a better life than their father or mother. the rhetoric from the left, any of the ideol
you are on the road to the gulag or the death camps, et cetera, et cetera. to the age of ideology, i certainly say good riddance. but capitalism, you always needs breaks on any system. -- brakes on any system. every vehicle needs braking mechanism. how hard do you want to hit the brakes? i'm afraid human beings are so subject to the motions and can be stirred up biuret rate -- by rhetoric to first of all drive too fast and hit the brakes too hard. now in the past 20 years, we drove too fast....
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Apr 3, 2010
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to headly, et cetera.will you and the counter terrorism bureau sort of urge direct access to the indians to headly? and in your remarks you also spoke about the fact one has to stop tacit support to groups like laskira, et cetera. even people like bruce riedel and indians keep talking about the fact u.s. has double standards in terms of pakistan military and isi assistance to lashka they sort of conceived as opposed to other groups which are an internal ex-sy tensional threat to pakistan. if you address both of those. >> you're absolutely right. i was in india just last week and it is striking the continuity of the questioning i get on these issues. >> distinguish between kashmir and al qaeda components of the pakistan question? >> well, actually, rob, we're less and less able to distinguish precisely because many of kashmir ri groups have, first of all, some groups that have been called kashmirri like lat are punjab and are active in different parts of the country as well as in afghanistan. and one of the
to headly, et cetera.will you and the counter terrorism bureau sort of urge direct access to the indians to headly? and in your remarks you also spoke about the fact one has to stop tacit support to groups like laskira, et cetera. even people like bruce riedel and indians keep talking about the fact u.s. has double standards in terms of pakistan military and isi assistance to lashka they sort of conceived as opposed to other groups which are an internal ex-sy tensional threat to pakistan. if...
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Apr 7, 2010
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, et cetera. so we want to raise the issue, look at our criminal justice system. we had eric holder who came to pick up the conference, justice breyer who came and talked about mandatory sentencing, et cetera. we hope the two of us can contribute to raising the level of awareness and to raise the debate level to the point where we can make a difference. >> host: thank you. >> guest: i want to add to what bill has such your question. can mr. obama -- president obama talk about race and racism. and it's almost like none of us have color can talk about race or racism. one, as john mitchum as news magazine said on "meet the press," white people get queasy and let people talk about race or racism. >> host: why, janet? why despite all the changes on the progress that we've made that we still speak the issue of race under the table in some dark corner, not to talk about it. >> guest: i think it's shame. i think we really know our history and how unfair it's been. the white unearned advantage, the twin ev
, et cetera. so we want to raise the issue, look at our criminal justice system. we had eric holder who came to pick up the conference, justice breyer who came and talked about mandatory sentencing, et cetera. we hope the two of us can contribute to raising the level of awareness and to raise the debate level to the point where we can make a difference. >> host: thank you. >> guest: i want to add to what bill has such your question. can mr. obama -- president obama talk about race...
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Apr 19, 2010
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the title, et cetera. >> yeah. i know. >> the artwork. >> i know it sounds trite since we make so many snap decisions it does influence us. we're embarrassingly influenced by those trade reviews that katherine mentioned. >> we haven't even gotten there. >> that angry person, you know, writing a review for $35. i mean, if you get three good trade reviews we'll probably take a look at your book if you get three bad ones we're not just going to look it dies right there before it even gets in the crib. >> trades like publishers, library journal. >> they are tremendously influential and who's writing that it's a weak link in the critical process. >> but sometimes you don't get a cover. sometimes you get a galley way in which has the light blue cover from random house. it's not just the cover. >> there's net galley that delivers galleys to kindle and sony ereaders so we may not get all the design elements -- i don't want to say relied on but definitely were influenced by. next question, let's see, over here since i haven
the title, et cetera. >> yeah. i know. >> the artwork. >> i know it sounds trite since we make so many snap decisions it does influence us. we're embarrassingly influenced by those trade reviews that katherine mentioned. >> we haven't even gotten there. >> that angry person, you know, writing a review for $35. i mean, if you get three good trade reviews we'll probably take a look at your book if you get three bad ones we're not just going to look it dies right...
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Apr 5, 2010
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you shouldn't invade boss -- bosnia, et cetera, et cetera. forget about the don't ask, don't tell business. this is a very bad thing. and we see once begin with mcchrystal, getting up there and starting to publicly tell the president of the united states what the military strategies are. >> general mcchrystal in afghan -- >> i entirely agree with your description -- >> the speech, word for word, because that really isn't what he did in my view. >> it was a q & a, and it was a general question between a rating approach to a complex problem in afghanistan versus a more -- and he answered honestly -- >> not meant to lecture anybody or influence policy, i don't believe. >> we can disagree on that. obviously, bruce. the structural point is -- because i entirely endorse your description of the appropriate role of the military. the question is whether the emerging structure since 1986 actually created an incentive to do what is being proposed peer, and i do not believe that is so. it's preparing the chairman of the joint chiefs of staff into a celeb
you shouldn't invade boss -- bosnia, et cetera, et cetera. forget about the don't ask, don't tell business. this is a very bad thing. and we see once begin with mcchrystal, getting up there and starting to publicly tell the president of the united states what the military strategies are. >> general mcchrystal in afghan -- >> i entirely agree with your description -- >> the speech, word for word, because that really isn't what he did in my view. >> it was a q & a, and...
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Apr 5, 2010
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that includes auto dealers, retail stores, housing sales, et cetera. then there is another cause which is the development of online advertising. and this is most striking if you look at classified advertising. it used to provide about 40% of newspapers revenues. it is now substantially reduced as a source of revenue for newspapers, and why is that? because you can put your classified ads on craigslist for free. so why would you list them in the newspapers necessarily? so let's take those three crucial facts and look at them in terms of the question for today's panel, which is is a time for a bailout for newspapers. well, in my view there is no reason why you would want to bail out newspaper owners who have made bad business decisions. i haven't even heard the newspaper owners asking for a bailout. and no one is suggesting that the financial world would tumble if newspaper owners didn't get a bailout. second, in terms of the recession, well, there are many many businesses that are having very hard times during this recession. there are many people who a
that includes auto dealers, retail stores, housing sales, et cetera. then there is another cause which is the development of online advertising. and this is most striking if you look at classified advertising. it used to provide about 40% of newspapers revenues. it is now substantially reduced as a source of revenue for newspapers, and why is that? because you can put your classified ads on craigslist for free. so why would you list them in the newspapers necessarily? so let's take those three...
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Apr 2, 2010
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so local broadcast, cable, radio, wireless, et cetera. so we need to make recommendations, the plan is to make recommendations in general. for congress, but also specifically to make sure the fcc is in these issues in a wise way. some of the rules on the fcc's books were conceived before the was an internet. some of them were conceived before there was a tv. so to assume that the people who constructed these got it right back then is probably wishful thinking. obviously i agree with susan general assessment that there's a pretty serious potential problem going on in the news business. there is a drop of 44% in revenue from newspapers since 2000. newsmagazines staff have been cut in half since their peak. local news has cut back across the board. you have some very serious contraction. now, a few points i want to make about what does that mean in terms of government intervention. first, the term bailout i think the term bailout got kind of put into the discussion about news because of a coin since, the contraction of journalism happened at
so local broadcast, cable, radio, wireless, et cetera. so we need to make recommendations, the plan is to make recommendations in general. for congress, but also specifically to make sure the fcc is in these issues in a wise way. some of the rules on the fcc's books were conceived before the was an internet. some of them were conceived before there was a tv. so to assume that the people who constructed these got it right back then is probably wishful thinking. obviously i agree with susan...
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Apr 5, 2010
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, et cetera. now, does this country want to go in that direction a lot more? that's not my perception. that's a u.s. tradition. but, it's simply, to say that it's not, that, not every government, quote, unquote, involvement necessarily implies entanglement. and i do think that it is very important to make sure that's the case. that you have structured it properly. >> quickly. >> we've had a, session here, freedom of information day on march 15th. i think that manipulation of government data to make it more accessible to anybody online but also news organizations so we can do kind of investigative reporting, database report something great example where government on its own do what it does, the free press can do what it does. again not to be facetious, if you look back, 1791 first amendment along with bill of rights. eight years later, seven years later alien sedition act. good intentions in the broadest sense. we want to let this government survive against a hostile nation. they were good intenti
, et cetera. now, does this country want to go in that direction a lot more? that's not my perception. that's a u.s. tradition. but, it's simply, to say that it's not, that, not every government, quote, unquote, involvement necessarily implies entanglement. and i do think that it is very important to make sure that's the case. that you have structured it properly. >> quickly. >> we've had a, session here, freedom of information day on march 15th. i think that manipulation of...
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Apr 17, 2010
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, et cetera. take it into the 2010 elections and both sides use it. by the way, this is important for a president's legacy so let's not underplay the fact that barack obama's going to pick somebody he's very comfortable with, who he thinks will be an important player on the court in the future. >> we had a hearing a day on one of his lower court nominees, of course. >> goodwin lieu. goodwin lieu for the california's appeals court. what did we learn from that? >> it was nasty. it was nasty. people didn't hold back. goode wane lieu had said this things -- gwen: his 5-year-old daughter was sitting there and they were banging him around. >> and he said things that they called a little unwise or intemperate or whatever about sam alito. senator jon kyl called him intemperate about samuel alito when he was nominated to the supreme court. senators were raising the question of his judicial temperament. and that's always kind of an unknown. that came up with sonia sotomayor if you will recall. republicans w
, et cetera. take it into the 2010 elections and both sides use it. by the way, this is important for a president's legacy so let's not underplay the fact that barack obama's going to pick somebody he's very comfortable with, who he thinks will be an important player on the court in the future. >> we had a hearing a day on one of his lower court nominees, of course. >> goodwin lieu. goodwin lieu for the california's appeals court. what did we learn from that? >> it was nasty....
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Apr 7, 2010
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like roosevelt in 1933 who's calling the bankers and confident, cool, et cetera. so there's no question at that point where the enemy was and that's the way they addressed it. and what they did. but in these circumstances, the case hasn't been made. and you're starting to make it. but in the political form or you martial anger to take action to do what you're saying has to be done, it hasn't been done. >> i absolutely agree. look, that's why we're early days. the president could do it no question. he's perfectly capable of doing it and i run a website, one of the leading economics blogs in the country called baseline scenario and we follow this issue and other issues on a day-to-day basis and i also do this with the huffington post. you know, we're strong supporters of the president on some dimensions, but not on this one. even within the financial issues on the consumer protection, i think some of the somewhat belatedly but eventually the administration has come to sensible position in the award, the deputy treasury secretary gave a speech to the chamber of comme
like roosevelt in 1933 who's calling the bankers and confident, cool, et cetera. so there's no question at that point where the enemy was and that's the way they addressed it. and what they did. but in these circumstances, the case hasn't been made. and you're starting to make it. but in the political form or you martial anger to take action to do what you're saying has to be done, it hasn't been done. >> i absolutely agree. look, that's why we're early days. the president could do it no...
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Apr 14, 2010
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sometimes to get these programs, difficult to get over there, difficult to do academic exchanges, et cetera. >> i just want to be clear, the kind of exchanges search for common ground has put together, carried out, artichoke with others was really before the time of all this discussions. i want to take us back to that time because this is very complicated to have a discussion with a context right now. given that engagement for us is not about legitimizing one government or the other or about rewarding behavior in some way or another. i think the internet is an amazing to let can be utilized. but it doesn't replace face-to-face contact it doesn't replace being there in person. the times that i've brought people to iranians has changed everything that the ever -- every stereotype that the ever could've imagined they could of had. i was taking a group of medical doctors from the boston area to visit rural health programs, and we had a long day, and one walk in from everybody. and we got to a small village and we were about to eat a big bowl of auction that the people have made for us and it wa
sometimes to get these programs, difficult to get over there, difficult to do academic exchanges, et cetera. >> i just want to be clear, the kind of exchanges search for common ground has put together, carried out, artichoke with others was really before the time of all this discussions. i want to take us back to that time because this is very complicated to have a discussion with a context right now. given that engagement for us is not about legitimizing one government or the other or...
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Apr 12, 2010
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so they lie about her being unfaithful, et cetera. she's ultimately revealed to be innocent, et cetera. the point of the story of judith and assist you in every religion, when old men make the rules, young women suffer. which is why i firmly believe that religion is so healthy and our societies now because women do have a voice. they have to be heard, they have to be heard. and in so much of the greater middle east, women don't have a voice unless it's heard screaming from a beating. so as far as being a pessimist goes, i'm really not. human beings have some pessimistic because an ugly world situation. are survivors. the cockroaches that have powers of speech, we manage to get through things somehow. but i think you make your way forward much more difficult when you lie, when you pretend that there are no bad human being, when you pretend that all want peace because clearly they don't. the closest sunbeams come to be in a goddess taken another life. empowerment, people who have never had any power in their lives that night in a disrup
so they lie about her being unfaithful, et cetera. she's ultimately revealed to be innocent, et cetera. the point of the story of judith and assist you in every religion, when old men make the rules, young women suffer. which is why i firmly believe that religion is so healthy and our societies now because women do have a voice. they have to be heard, they have to be heard. and in so much of the greater middle east, women don't have a voice unless it's heard screaming from a beating. so as far...
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Apr 27, 2010
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a lot of them are in appalachia, midsouth, et cetera. do they use this to appeal to independents and republicans already worried about the role of government, et cetera, et cetera, or do they really acknowledge what all of their strategists tell them, which is that long-term it is a huge disaster for the republican party to be seen as anti-latino. when latinos are now one out of every six americans, 45 million latinos in america. the percentage of their vote is going up election by election, even in off-year elections and beyond that, keith. with all fair-minded americans, which, you know, let's give us the benefit of the doubt and say that's just about everybody, the idea that a person could be walking down the street and could be looked at with suspicion by authorities and have their papers demanded of them in the fashion of old medieval europe is something that is so foreign to americans understanding of themselves, that that's the fire that the republicans are really playing with here. because it's a very short step for all those peo
a lot of them are in appalachia, midsouth, et cetera. do they use this to appeal to independents and republicans already worried about the role of government, et cetera, et cetera, or do they really acknowledge what all of their strategists tell them, which is that long-term it is a huge disaster for the republican party to be seen as anti-latino. when latinos are now one out of every six americans, 45 million latinos in america. the percentage of their vote is going up election by election,...
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Apr 5, 2010
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we do things with concord and others on college campuses et cetera and stay tuned for iousa solutions which comes out in two weeks. we're going to give it away. just as we gave away the 30-minute version of iousa. so it's really important to engage broad cross-sections especially young people because they bear a disproportionate share of the burden. >> thank you. >> hi, i'm tracy gordon school of public policy. so since this is a fiscal solutions forum, i thought i would ask about one particular solution which is a value-added tax or a vat. and as you all know, sales taxes have traditionally been the domain of state and local governments. and some very nice work that mr. biggs did recently that was reported on the "new york times" shows that state governments when you look at their explicit or implicit liabilities are in a world of hurt right now. the work that mr. walker pioneered at the gao. i just wondered given the situation that states are in, does it really make sense to ask them to bail out the federal government? by raising their tax base basically. >> well, i think a value-ad
we do things with concord and others on college campuses et cetera and stay tuned for iousa solutions which comes out in two weeks. we're going to give it away. just as we gave away the 30-minute version of iousa. so it's really important to engage broad cross-sections especially young people because they bear a disproportionate share of the burden. >> thank you. >> hi, i'm tracy gordon school of public policy. so since this is a fiscal solutions forum, i thought i would ask about...
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Apr 8, 2010
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, et cetera, had to have graded on him.e, he can't stand it but he knows that he's doing things that he can't stand because he's in a battle for survival. i actually think he may ultimately be overstating the threat that he's got -- >> he's running j.d. hayworth. who couldn't get elected into the house anymore. >> and he's got five times more the money than hayworth has. he has the standing. he's probably going to win the republican primary. i think that he's overdoing it here a little bit. >> when i was a young kid in high school i was pretty conservative. i did like goldwater. i studied the issues. i like hillary clinton in that regard. any stage of my sort of political movement over the years, whether it was jean mccarthy i was in love with or whomever, at any stage i would have respected john mccain. so i don't see he should have a problem here. i don't understand -- he's a great guy from arizona. he's a traditional to goldwater. goldwater wouldn't have endorsed j.d. hayworth. >> it's a low turnout primary, and independ
, et cetera, had to have graded on him.e, he can't stand it but he knows that he's doing things that he can't stand because he's in a battle for survival. i actually think he may ultimately be overstating the threat that he's got -- >> he's running j.d. hayworth. who couldn't get elected into the house anymore. >> and he's got five times more the money than hayworth has. he has the standing. he's probably going to win the republican primary. i think that he's overdoing it here a...
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Apr 3, 2010
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they don't have diabetes or cancer, et cetera. they live to be 100 and die naturally. if anybody goes to health science institute of baltimore. they will find that they can get free information. we'll leave it there. >> i haven't heard of health sciences institute but what you say is true. if we changed our lifestyle, we could livelonger, healthier lives. the ways to do it are simple. cut out smoking don't drink excessively and eat a healthier diet and exercise on our line for independents. >> i'm calling because i'm a single mom that's raised four kids. i currently have a 5-year-old that's gone thrute fda pyramid plan because she was on a wheat program. the foods that they suggested that should be eaten by her was a joke. things i knew were going to help her. for me, when they prescribed programs for single parents and mother that's need that kind of assistance, it should be on a level that is prescribed to do better help. this is starting out with young children to birth and 5 years old. >> i'm a little surprised to hear that news from the caller. the new program gre
they don't have diabetes or cancer, et cetera. they live to be 100 and die naturally. if anybody goes to health science institute of baltimore. they will find that they can get free information. we'll leave it there. >> i haven't heard of health sciences institute but what you say is true. if we changed our lifestyle, we could livelonger, healthier lives. the ways to do it are simple. cut out smoking don't drink excessively and eat a healthier diet and exercise on our line for...
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Apr 23, 2010
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put all our resources, money et cetera in a collective pot. you think that's at the bottom of this?it is at the bottom of this. think with health care if we would have had a book that showed us why nancy pelosi and harry reid wanted to cram obama care down our throats and what would happen once passed and instituted. i don't think that law would have passed. with climategate read this book and you will see why they want to do this. >> sean: why is it -- is the premise, is it predicated on the idea that capitalism is evil and we're raping and pillaging the planet for profit? >> one of the founders of earth day is paul ehrlich his writing partner and buddy, barack obama's science and technology adviser. >> sean: supports compulsory sterilization. >> he believes that's constitutional. this is also a guy who wants to dedevelop the united states of america. take us down a notch, talk our -- take our women, transfer it. cap and tax there's mechanism in place 150% of the poverty level you will get a check deposited in your account on a monthly basis. unspecified amount in your checking acc
put all our resources, money et cetera in a collective pot. you think that's at the bottom of this?it is at the bottom of this. think with health care if we would have had a book that showed us why nancy pelosi and harry reid wanted to cram obama care down our throats and what would happen once passed and instituted. i don't think that law would have passed. with climategate read this book and you will see why they want to do this. >> sean: why is it -- is the premise, is it predicated on...
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Apr 3, 2010
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available in your 7 ups, et cetera, or fruit drinks cherry soda, orange soda. host: we'll leave it there. guest: there's so little caramel in soft drinks that it can't be a contributor to diabetes. there's some problems with diet soda. the artificial sweetener are possible cancer risks. . help people understand what they put in their bodies. i have never had a doctor check my ph. that is a major thing in our human body. if we keep our ph around 7, we are a whole lot more healthier. i used to get sick every winter many times. after i retired. i read a lot. i found out about having the ph balance in the body. once i got its balance, i have not been sick one time since. guest: i do not know about the impact of the p h on the health of people. it is probably not the business of the food and drug administration. i have mentioned the need of getting rid a significant cause of heart attacks in certain oil. beyond that, the fda needs to implement clearer nutritional labels that will guide people to healthier foods and away from the less healthier foods. the british gov
available in your 7 ups, et cetera, or fruit drinks cherry soda, orange soda. host: we'll leave it there. guest: there's so little caramel in soft drinks that it can't be a contributor to diabetes. there's some problems with diet soda. the artificial sweetener are possible cancer risks. . help people understand what they put in their bodies. i have never had a doctor check my ph. that is a major thing in our human body. if we keep our ph around 7, we are a whole lot more healthier. i used to...
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Apr 23, 2010
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we're in a tight spot, but you're right, the kaufmanns of the world and bernie sanders, et cetera, we hope they can put up a good battle. because they're our last hope. >> here's the thing on truth thing, on television, cenk, this show is rating really well. ezra, how do you analyze what's going on inside the democratic party right now? >> well i think it's what you see a lots, right? i think you're exactly right to say they're moving it very fast because they're worried about too much debate. i don't know if they're trying to hide something. but what they learned about health care is when they let it sit out there, when they let it drag out, the other side got their opposition together. they want to move this while the politics are on their side and quick. and in that way, this is bigger problem than people recognize, they're taking advantage of the fact that people in general and a lot of legislators don't understand this stuff. health care reform, we had done this before, there was a whole intellectual structure devoted to understanding health care reform. these guys don't know who
we're in a tight spot, but you're right, the kaufmanns of the world and bernie sanders, et cetera, we hope they can put up a good battle. because they're our last hope. >> here's the thing on truth thing, on television, cenk, this show is rating really well. ezra, how do you analyze what's going on inside the democratic party right now? >> well i think it's what you see a lots, right? i think you're exactly right to say they're moving it very fast because they're worried about too...
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Apr 25, 2010
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cliche nature of what we've fallen into, the idea of each one teach one, they will be what they see, et ceteraom that to actually a move of action? >> well, you have to get involved. obviously a lot of people who don't get involved really don't recognize the crisis that is happening in our community. >> it is a crisis. let us say that out loud. >> and it's necessary for, as you said, there needs to be a clarion call, i fully agree with that. too many people in our community, i think it should come from our community, i don't think we can always wait for someone else to step up and do what the men and other people in our community should be doing. >> bill strickland, talk about the indelible mark mentoring leaves, not to the one who mentors but to the mentoree, the idea it can, as i stated earlier, not only shape your life but really make you who you are for the rest of your life. >> when mentorship is done correctly, it is a transference of values and a world view. it's not just be good because being good is right, it's a way of thinking, it's a way of scaling your values, way of seeing yourse
cliche nature of what we've fallen into, the idea of each one teach one, they will be what they see, et ceteraom that to actually a move of action? >> well, you have to get involved. obviously a lot of people who don't get involved really don't recognize the crisis that is happening in our community. >> it is a crisis. let us say that out loud. >> and it's necessary for, as you said, there needs to be a clarion call, i fully agree with that. too many people in our community, i...
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Apr 25, 2010
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and a trooper gate, and a compensating judges, and other controlled and of the attorney general, et cetera so i would be very pleased and honored to answer any questions that you might have. it was that long? [laughter] >> no questions? >> you can always count on a friend to ask a question during the awkward pause. >> everybody knows all the bad things that happened to new york state, to everyone, and all the dashed hopes and everything. everyone knows about all the bad things that were the result of all this. but aside from, aside from you having written a book, you know, a good thing, but aside from that, are there any things that were a good result from any of this awful event, you think? >> let me answer the question this way. what about all the good stuff? okay, you read a lot about the good stuff in the book. it's in there, things we attempted to do. and actually, someone very close to this, this administration, asked me and try to dissuade me from writing this book and said, why don't you write about all of the good stuff that was done and all the dedicated people. and indeed i dedi
and a trooper gate, and a compensating judges, and other controlled and of the attorney general, et cetera so i would be very pleased and honored to answer any questions that you might have. it was that long? [laughter] >> no questions? >> you can always count on a friend to ask a question during the awkward pause. >> everybody knows all the bad things that happened to new york state, to everyone, and all the dashed hopes and everything. everyone knows about all the bad things...
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, et cetera. how do you make that choice? >> guest: well, we already have high unemployment. if we looked at the flip side is let some of these -- some of these banks or some of these companies that were set up as too big to fail actually fail, we wouldn't be wasting tons of taxpayer dollars to prop up companies. >> host: let's hear from irwin in maryland. >> caller: sir, you're too young to be so -- uninformed. you all look like a bunch puppets saying the same thing to people that don't make any kind of sense. yes, we're high up as far as the budget is concerned because we had to pay for two wars that mr. bush did not pay for. plus, that doughnut hole in d. >> host: medicare? >> caller: and medicare, absolutely. and all of you -- all of you -- you singing the same tune on fox on different. it's just a different face. >> host: we'll hear from jason mattera. >> guest: that's a obama zombie regarding of his policy she will support him. he piled up more deficits than george bush did all eight years w
, et cetera. how do you make that choice? >> guest: well, we already have high unemployment. if we looked at the flip side is let some of these -- some of these banks or some of these companies that were set up as too big to fail actually fail, we wouldn't be wasting tons of taxpayer dollars to prop up companies. >> host: let's hear from irwin in maryland. >> caller: sir, you're too young to be so -- uninformed. you all look like a bunch puppets saying the same thing to people...
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Apr 13, 2010
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there's going to be taxes on top of prescription drugs, et cetera. you start adding all those things together, they're all going to get passed on to small businesses and individuals. if you add 25 cents to a gallon of gasoline, we don't expect the price of gasoline to go down. why would we expect health insurance to go down? we tax everything that is associated with it and add it on to what we have. the number one problem as i understand it for years in small business is that if the quality... the quality health care has been excellent in this country. the problem has been the cost. so we add taxes to it. how does the cost go down? i don't see that it does. >> ifill: what do you think about that ronni drimmer? he's talking about the cost issue. >> well, i'm paying close to $1,000 for one person right now. i'm getting less and less coverage every year. i only have a 60-40 policy at this point. i just feel like we're ultimately paying for it anyway because people going to the emergency room for their care. so we're already paying for it. in one way or
there's going to be taxes on top of prescription drugs, et cetera. you start adding all those things together, they're all going to get passed on to small businesses and individuals. if you add 25 cents to a gallon of gasoline, we don't expect the price of gasoline to go down. why would we expect health insurance to go down? we tax everything that is associated with it and add it on to what we have. the number one problem as i understand it for years in small business is that if the quality......
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Apr 3, 2010
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we'll be using traditional fuels to run our cars and big power plants, et cetera. if we can use in every sector while still maintaining our high levels of economic growth. so, for example, at the announcement where i talked about offer-shore drilling, an f-18 fighter jet. they are going to break the sound barrier using biomass as fuel. so the pentagon is investing huge amounts in energy efficiency. you put people to work putting in insulations, putting in windows, most of which, by the way, that insulation in windows is manufactured here in the united states. it saves on the individual's energy bill, plus it means that that power plant has to produce less energy to keep that home warm, so it is a win-win all across the board. that's our biggest prorte. energy efficiency -- that's our biggest priority. what's most likely is that we're going to have this transition. so in the interim, we've got to look at our traditional energy sources and figure out how can we use those most effectively. that's why i thought we were going to start the first nuclear plant in 30 years
we'll be using traditional fuels to run our cars and big power plants, et cetera. if we can use in every sector while still maintaining our high levels of economic growth. so, for example, at the announcement where i talked about offer-shore drilling, an f-18 fighter jet. they are going to break the sound barrier using biomass as fuel. so the pentagon is investing huge amounts in energy efficiency. you put people to work putting in insulations, putting in windows, most of which, by the way,...
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Apr 6, 2010
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incentives to anti-social and self-destructive behavior are described by charles murray, dignity, et cetera, if not for sure. we can show the cost of mechanisms is very high. they are complicated and very high. so there you have it. what i would call a neoorthodox program, drawing on the teachings, i think of conservative economist and others, vigorous enforcement competition laws to preserve the dynamic society, regulation of enterprises with significant monopoly power. using revenue neutral taxes if necessary. revenue neutral. remember, i'm against taxes work. so anything i can ring out of taxes i would use to reduce income taxes. subject to budgetary constraints. programs to correct for other instances of market failure, creation of incentives for corporations and finance sector behavior that align private and public interest and attack dissatisfactions with this and restructuring the financial sector to eliminate one-way betting. i have no illusions about this. policy in the wrong hands can really penalize success. regulation can be heavy handed. coping with taxation can open the door t
incentives to anti-social and self-destructive behavior are described by charles murray, dignity, et cetera, if not for sure. we can show the cost of mechanisms is very high. they are complicated and very high. so there you have it. what i would call a neoorthodox program, drawing on the teachings, i think of conservative economist and others, vigorous enforcement competition laws to preserve the dynamic society, regulation of enterprises with significant monopoly power. using revenue neutral...
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difficult to maintain the same level of intense cohesion, that could be breakdowns in trust, favoritism, et cetera. that's the basic premise on don't ask, don't tell, in terms of application to the military. i'm supporting that until i hear from operational commanders like general o'deer know and petraeus say something. right now, i still support it. >> obviously, it's a policy decision. our senior leaders are looking and speaking at it as a military device as part of policy decision. one thing our army is good at responding to whatever the policy is and doing the best job to implement it. i know there's some concerns about civil control of the military, is the military going to push back? i don't see that as a problem. i think that whatever the decision is, that the military leadership will do its best to implement that decision. and so i think as in all other policy issues that involve senior civilian leaders consulting the military, civil control of the military exist in the executive, certainly within the secretary of defense, the civilian secretaries of the services and the president. but it
difficult to maintain the same level of intense cohesion, that could be breakdowns in trust, favoritism, et cetera. that's the basic premise on don't ask, don't tell, in terms of application to the military. i'm supporting that until i hear from operational commanders like general o'deer know and petraeus say something. right now, i still support it. >> obviously, it's a policy decision. our senior leaders are looking and speaking at it as a military device as part of policy decision. one...
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Apr 2, 2010
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there could be breakdowns and trust by favoritism, et cetera.at is a basic premise on don't ask, don't tell in terms of its application to the military. and i'm still supporting that, and till i hear from operation commanders like general odierno, like general petraeus, like stan mcchrystal. because they're operating that force in the field. and i left this army in 2003. so if there's something different happening out there, i want to hear them say. but as of right now i still supporting. >> can you take a crack at the? >> it's a policy decision, and our senior leaders are speaking and are looking at and are doing with the analysis so that they can provide their military advice as part of a policy decision. and the one thing our army is really good at i think is responding, you know, to whatever the policy is and doing the best job to implement it. i know there are some concerns in some corners of times about civil control of the military, is a military going to push back. i mean, i really don't see that as a problem. i think that whatever the d
there could be breakdowns and trust by favoritism, et cetera.at is a basic premise on don't ask, don't tell in terms of its application to the military. and i'm still supporting that, and till i hear from operation commanders like general odierno, like general petraeus, like stan mcchrystal. because they're operating that force in the field. and i left this army in 2003. so if there's something different happening out there, i want to hear them say. but as of right now i still supporting....
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Apr 4, 2010
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why and how they're used and et cetera. host: don on the independent line. caller: good morning and happy easter. my question and comment. i'd like to say first of all, i grew up in an era where people didn't have credit cards. you went to local businesses and they - to buy a couch or something and they would carry the credit. we didn't all have these credit cards but the industry. how much a year does that industry make? you know, all the trance union experience and forth. that's paid for by consumers so if that could be divulged as part of education month, that would be great. secondly, the industry advertises it's services to insurance companies, as you mentioned and it seems strange that the insurance industry uses that information to penalize you. if you never had a car accident or ticket the last four years but your credit score falls you pay more in insurance and can less afford higher insurance rates, so i think that's something that's little built out of line. host: stuart pratt. profit the companies make, do you know the numbers on average? guest g
why and how they're used and et cetera. host: don on the independent line. caller: good morning and happy easter. my question and comment. i'd like to say first of all, i grew up in an era where people didn't have credit cards. you went to local businesses and they - to buy a couch or something and they would carry the credit. we didn't all have these credit cards but the industry. how much a year does that industry make? you know, all the trance union experience and forth. that's paid for by...
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company and headquarters, how we tolerated that was beyond belief, not having the proper oversight, et cetera. no excuses for that horrific behavior, and even worse for the moral high ground that we lost and the damage that continues to resonate around the world in terms of america saying this and doing something else. we grew up as officers in the military, h.r. and i, and torture is about as foreign to us as any subject could be. i mean it's just -- it it just isn't in our values. it's not anyone in our policy. there's no training about it. it's not something we would do. at the emotional tension level of war and particularly when you are dealing with an enemy that's living with the people within doesn't wear a uniform, and there's tension, levels of frustration, are there at times abuses? yes. when we find them, we deal with them. we hold people accountable. they go to jail if necessary. dismissed from the military if necessary. lose their ranking status if necessary. the abuse of enemy combatants at war by the united states military has occurred in every war we've ever been in. that's the
company and headquarters, how we tolerated that was beyond belief, not having the proper oversight, et cetera. no excuses for that horrific behavior, and even worse for the moral high ground that we lost and the damage that continues to resonate around the world in terms of america saying this and doing something else. we grew up as officers in the military, h.r. and i, and torture is about as foreign to us as any subject could be. i mean it's just -- it it just isn't in our values. it's not...
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. -- et cetera. there's no excuses for that horrific behavior and even worse for the moral high ground that we lost as a result of that. and the damage it did and continues to, you know, resonate around the world in terms of america saying this and doing something else. we grew up as officers in the united states military. and torture is about as foreign to us as any subject could be. i mean, it just isn't in our values. it's not anywhere in our policies. there's no training about it. it's not something we would do. at the emotional tension level of war and particularly when you're dealing an enemy that's living in and among the people and doesn't wear a uniform and tension levels and frustration levels, there is times of abuses, yes. when we find those abuses, you know, we deal with them. we hold people accountable. they go to jail if necessary. they are dismissed from the military if necessary. they lose their rank and status that they have if necessary. the abuse of enemy combatants in war by the
. -- et cetera. there's no excuses for that horrific behavior and even worse for the moral high ground that we lost as a result of that. and the damage it did and continues to, you know, resonate around the world in terms of america saying this and doing something else. we grew up as officers in the united states military. and torture is about as foreign to us as any subject could be. i mean, it just isn't in our values. it's not anywhere in our policies. there's no training about it. it's not...
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sector roles on confidential business information, secrecy agreements, nondisclosure agreements, et cetera. there's a host of landmines, especially when you're going to the press. why? because if you blow the whistle and the letters say to an auditor, no one actually see the letter. your managers may know you are protesting a certain safety practice, but they may not know it seikaly what you said. but if something goes in the press, they can breed what you said. they can refer it to the security office. they can refer to their lawyers on trademarks events and if your name is associated with it, you may just have signed your employment death warrant. so going to the press has a lot of downsides, a lot of difficulties. it also can be the way to vindication or actually get the change. the bottom line is there are legal protections if you need to go to the press and those have to be carefully studied and implemented on a case-by-case recess with a lot of review and care. finally, if i do say and all the journalists they meet this bill, but you have to work with the journalist that understands
sector roles on confidential business information, secrecy agreements, nondisclosure agreements, et cetera. there's a host of landmines, especially when you're going to the press. why? because if you blow the whistle and the letters say to an auditor, no one actually see the letter. your managers may know you are protesting a certain safety practice, but they may not know it seikaly what you said. but if something goes in the press, they can breed what you said. they can refer it to the...
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using the traditional sources to fuel our cars, to heat our homes, to run our big power plants, et cetera. it's my hope that if we're aggressive over the next several years, we can substantially cut our energy use in every sector while still maintaining our high levels of economic growth. so, for example, at the announcement where i talked about offshore drilling, i did so in front of an f-18, a fighter jet, that is actually going to be run half on biomass. so i was joking with the pilot -- i said, so this thing runs on vegetable oil. but they're going to break the sound barrier using biomass as fuel. so the pentagon is investing huge amounts in energy efficiency. we are promoting weatherization across the country because this is a win-win situation, you put people to work putting in insulation, putting in windows -- most of which, by the way, that insulation and windows is manufactured here in the united states -- it saves on the individual's energy bill, plus it means that that power plant has to produce less energy to keep that home warm. so it's a win-win all across the board. that's
using the traditional sources to fuel our cars, to heat our homes, to run our big power plants, et cetera. it's my hope that if we're aggressive over the next several years, we can substantially cut our energy use in every sector while still maintaining our high levels of economic growth. so, for example, at the announcement where i talked about offshore drilling, i did so in front of an f-18, a fighter jet, that is actually going to be run half on biomass. so i was joking with the pilot -- i...
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so again if we're looking at ways to maybe have and sorcerers or joint ventures, et cetera, and be able to have them approved through the department of justice, there are very small steps which involve looking slightly differently and looking more realistically at the market that could help us again along the way so that there wouldn't be a need for a handout from the government. >> i saw susan making a note when you are talking about the postal rates. and i want to return to you and ask, what kinds of policies, policy changes and policy adoptions are you thinking that the ftc might be considering? >> well, it's not necessarily what the commission will end up considering, but we did have actually the chairman of the postal rate commission come and speak at our workshop in march. and unfortunately the postal rate commission and the postal service, as you may have noticed, is not doing well financially. so they are really not that enthused about any ideas that would include lowering rates for anybody actually. >> making them even might be a starter. >> yes, yes. and, you know, more power
so again if we're looking at ways to maybe have and sorcerers or joint ventures, et cetera, and be able to have them approved through the department of justice, there are very small steps which involve looking slightly differently and looking more realistically at the market that could help us again along the way so that there wouldn't be a need for a handout from the government. >> i saw susan making a note when you are talking about the postal rates. and i want to return to you and ask,...
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the mainstream you but the blogosphere that takes on his statements about raise in the south and et cetera. yet it also even starts before that with the drug report breaking that clinton scandal, when newsweek didn't. and to the obama city bombing, if i'm ever correctly, bill clinton part of the problem is that we are stoking up paranoia these days. that there are people i think you name it right winged radio talk show host, has stoked people up so much that it is helping pilots. and you say he is overreaching. that's overstating things. and yet to some, henry kissinger would call it the own is known of the truth -- there is stoking up. and there are paranoid people. and i don't go for it. i scored a. i usually call it. there is a pretty famous talk show host who is also a tv host, who has spoken at cpac reason the. and i said i just thought it was a bad set of remarks. i tried to be an honest broker here. but i want to distinguish between people who may increase the temperature and people who commit acts of violence, and they're not the same people. so responsibly is responsibility. but t
the mainstream you but the blogosphere that takes on his statements about raise in the south and et cetera. yet it also even starts before that with the drug report breaking that clinton scandal, when newsweek didn't. and to the obama city bombing, if i'm ever correctly, bill clinton part of the problem is that we are stoking up paranoia these days. that there are people i think you name it right winged radio talk show host, has stoked people up so much that it is helping pilots. and you say he...
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and a lot of those measures that deal with transactions at banks, et cetera, have been helpful. but iran shows no sign of either returning to the negotiating table or halting its enrichment program. and so i think we're in a slightly better position. the chinese have shown a little bit more flexibility. up until now they have been taking a principled stand against sanctions. but we'll have to see. this security summit next week really does offer an opportunity to talk on the margins. this is what happens at major summits. and so i think the hope is there as well as this meeting in prague is that we can bring, you know, first russia and then china along. >> i don't think we're going to see sanctions on the energy sector, oil and gas sector. and i'm skeptical we're going to see sanctions on arms exports to iran. i think both the russians and the chinese are not going to sign on that for different reasons. but it looks like there is a decent likelihood of more restrictions in the bank -- the banking sector in trying to restrict the access that some of the political leadership and p
and a lot of those measures that deal with transactions at banks, et cetera, have been helpful. but iran shows no sign of either returning to the negotiating table or halting its enrichment program. and so i think we're in a slightly better position. the chinese have shown a little bit more flexibility. up until now they have been taking a principled stand against sanctions. but we'll have to see. this security summit next week really does offer an opportunity to talk on the margins. this is...
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Apr 5, 2010
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which are the ones i mentioned, democracy, freedom, austeritprosperity, conversatiod discussion, et cetera. these guys embedded in the civil code, how do we teach them to our children? our grandchildren? how do we pass them on? for the question, that's mine, where am i? am i in paris or am i in new york or des moines or san francisco? because my goodness, if you think about those questions, i could have gotten him in any city in this country. so that's where we are. same problems, same areas of response. and we as i say, are the professionals. well, i did learn something from senator kennedy, or one of the things that made an emotional impression was this. when he had his staff, year, 500 at that time, who all met at hyannis. it was some kind of event and he was saying something that his father had told him. and he said his father told him when he was a young, what did you do? not articulate. not articulate. but this is what you do is you give people around you, who have different talents, different abilities, not necessarily yours, and you get them working together and they help. that's i
which are the ones i mentioned, democracy, freedom, austeritprosperity, conversatiod discussion, et cetera. these guys embedded in the civil code, how do we teach them to our children? our grandchildren? how do we pass them on? for the question, that's mine, where am i? am i in paris or am i in new york or des moines or san francisco? because my goodness, if you think about those questions, i could have gotten him in any city in this country. so that's where we are. same problems, same areas of...
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Apr 2, 2010
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[laughter] >> attention span, focus on real outcomes, et cetera. welcome to csis and welcome to our event on defense modernization and information systems in the 21st century. i have a couple of housekeeping items that i would like to lay out for you. the first is please take your cell phones, your pagers, your other electronic devices that tend to interrupt or make noise at inappropriate times. and either turn them really loud so we'll know who to blame or turn them off all together. [laughter] >> i actually should do that to my own as well while i'm saying that to you. secondly, you'll see that we actually have quite a full agenda. and i'm really grateful to all of you for coming out here this morning. it's, you know -- good friday is a difficult day. it's a day where a lot of people have other plans and other opportunities. and so we want to make sure that we recognize the value of the sacrifice you make for being here today. our agenda has one break in it. it's between the two panels. and i would encourage you to recognize that and to conduct y
[laughter] >> attention span, focus on real outcomes, et cetera. welcome to csis and welcome to our event on defense modernization and information systems in the 21st century. i have a couple of housekeeping items that i would like to lay out for you. the first is please take your cell phones, your pagers, your other electronic devices that tend to interrupt or make noise at inappropriate times. and either turn them really loud so we'll know who to blame or turn them off all together....
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but for the first time, we were having our marines engaged in serious fire fights, ambushes, et cetera, where serious casualties occurred, helicopters were called for. and i must also point out that in my opinion, every helicopter crew that flew in our area deserved to be individually and highly decorated. i have never seen braver men in my entire life. they flew into fire zones, extracted fire crews and we suddenly had guys on our litter, 7, 8, 10, 12 minutes out of battle with horrendous total body injuries. again, go back to world war ii. the troops who were wounded there had either to be carried by their buddies, carried on a stretcher or maybe wait for a jeep or an ambulance. and then a long ride to back wherever the aid station might be. part of the mortality of the injuries in world war ii and korea for that matter was that delay before they got somewhere for treatment. okay? even if they got there, the delay would still let bleeding curbs infection occur and so forth. but we suddenly were in a situation where because of the helicopter crews, they were dropping into fire fights,
but for the first time, we were having our marines engaged in serious fire fights, ambushes, et cetera, where serious casualties occurred, helicopters were called for. and i must also point out that in my opinion, every helicopter crew that flew in our area deserved to be individually and highly decorated. i have never seen braver men in my entire life. they flew into fire zones, extracted fire crews and we suddenly had guys on our litter, 7, 8, 10, 12 minutes out of battle with horrendous...
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Apr 2, 2010
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sector roles on confidential business information, secrecy agreements, nondisclosure agreements, et cetera. there's a host of landmines, especially when you're going to the press. why? because if you blow the whistle and the letters say to an auditor, no one actually see@@@ you may have signed your employment deathwatch -- death warrant. going to the press has a lot of downside and difficulties. it also can be the way to vindication or getting a change. the bottom line is -- there are legal protections if you need to go to the press and those have to be carefully studied and implemented on a case by case basis with a lot of review and care. finally, i would like to say that you have to work with a journalist that understands the six roles that were talked about. that is to understand what a about. blower goes that is professional to understand what a whistleblower goes through in both the vetting process and in their own personalized. and there are a lot of journalists he do that. i'm honored to have three of them here. so that is the legal summary and what we'll do is when i'll open it up
sector roles on confidential business information, secrecy agreements, nondisclosure agreements, et cetera. there's a host of landmines, especially when you're going to the press. why? because if you blow the whistle and the letters say to an auditor, no one actually see@@@ you may have signed your employment deathwatch -- death warrant. going to the press has a lot of downside and difficulties. it also can be the way to vindication or getting a change. the bottom line is -- there are legal...
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Apr 24, 2010
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has done remarkably well, like rose vote in 1933 who was calling the bankers and competent, cruel, et cetera. so there was no question at that point where the enemy was. and that's the way they addressed it. and what they did, but in these circumstances, that case hasn't been made. you are starting to make it, but in the political form for your martial anger to take action to do what you are saying has to be done, it hasn't been done. >> i absolutely agree. that's why we're early day. the president could do this, no question. he asserted capable of doing it and we have -- i run a website, one of the leading economics blogs in the country called baselines of. and we follow this issue and other issues on a day-to-day basis. and i also do this with the "huffington post." we have strong support of the president on some dimensions, but not on this one. even in the financial issues on the consumer protection, i think eventually the administration has come to a sensible position and are pushing hard, and neal wolin gave a fiery speech i think two weeks ago now. he took them on. he said you're spend
has done remarkably well, like rose vote in 1933 who was calling the bankers and competent, cruel, et cetera. so there was no question at that point where the enemy was. and that's the way they addressed it. and what they did, but in these circumstances, that case hasn't been made. you are starting to make it, but in the political form for your martial anger to take action to do what you are saying has to be done, it hasn't been done. >> i absolutely agree. that's why we're early day. the...
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you've got some interesting plays because of course we can look at the lennars, the hovnanians, et cetera, but let's go under the radar. >> under the radar name i mentioned on the halftime report, you're talking armstrong worldwide. it's a flooring company. they do both residential and commercial. they've got a great earnings yield. and when you look at home depot and lowe's, they've both been saying flooring has sold very well. shaw group, masco, those guys have all done very well. that's why i like being in in th stock. i think there's a lot more room to run. >> steve, you were talking about strandboard. >> oriented strandboard. osb. go ahead. >> you took me way too serious on that one. look at the companies that are in the building cycle. so you have the home depots, the lowe's. but look at the down cycle, lpx, usg, oc, and wy. >> yep. >> all of them benefited from basically a supply chain erosion. not disruption, erosion. the guys during the down cycle that were chopping down the trees and bringing them to market don't exist. they're out of business now. now these guys are starting to
you've got some interesting plays because of course we can look at the lennars, the hovnanians, et cetera, but let's go under the radar. >> under the radar name i mentioned on the halftime report, you're talking armstrong worldwide. it's a flooring company. they do both residential and commercial. they've got a great earnings yield. and when you look at home depot and lowe's, they've both been saying flooring has sold very well. shaw group, masco, those guys have all done very well....
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Apr 25, 2010
04/10
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but because of the desire for power, being in control of the congress, having the majority, et cetera, the conversation is considerably more stilted today than it's ever been. and it's one of the worst things that's happened to our legislative body. >> when you go home, can you give people an example of how this partisan divide is handicapping you? appropriators tend to be collegial. you talk to each other, you make decisions together. you come up with your hands on the table at the same time. but if you're back home and somebody says, this gridlock, how is it affecting me? what can't you do in 2010 that you could have done 15 years ago? what would you say? >> well, i would say first and foremost at the subcommittee level when the democrat makes a suggestion versus a republican, there's a tendency for the people in charge to say, ahah, that's a good idea, we'd better steal it. or vice versa. you don't have people succeeding in terms of their cap pacting public policy. but you know, not long ago on the health care discussion, i had a session, a small little session that the tea party p
but because of the desire for power, being in control of the congress, having the majority, et cetera, the conversation is considerably more stilted today than it's ever been. and it's one of the worst things that's happened to our legislative body. >> when you go home, can you give people an example of how this partisan divide is handicapping you? appropriators tend to be collegial. you talk to each other, you make decisions together. you come up with your hands on the table at the same...
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Apr 6, 2010
04/10
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investment that's been made, the number of people have access to the internet. 95% of americans, et cetera, things like this. and many talk about a light regulatory touch. at the same time, there was discussion here in the op-ed by eric schmitt and i have two sites even burg saying that you need private investment and partnership between government for private companies and that in your recent teacher talked about perhaps subsidies for broadband all of food stamps. could you reconcile those? >> guest: sure. there was a lot of questions. let's start by saying that the investment in this space is huge. i mean our company alone has been investing at the rate of $17 billion a year over the last several years. and when you look at that in contrast to all other american companies, it's much greater than any other american company that at&t a few years we been had in a few years they have put our company and the rest of the industry are investing huge amounts of money and infrastructure. this the fcc in its broadband plant invested an investment of up to $350 billion over the next several years t
investment that's been made, the number of people have access to the internet. 95% of americans, et cetera, things like this. and many talk about a light regulatory touch. at the same time, there was discussion here in the op-ed by eric schmitt and i have two sites even burg saying that you need private investment and partnership between government for private companies and that in your recent teacher talked about perhaps subsidies for broadband all of food stamps. could you reconcile those?...
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Apr 25, 2010
04/10
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from the investment banking and allow bank of america to be a big retail banker at 3% interest, et cetera and then be separate from the investment and let that be the breakout. without work? so this question is often put, a very good question in terms of should we go back to class to go, which of course was the 1930's that made the split for what we called investment banks in the commercial banks i think the spirit of classico spray. the spirit is you should be late to plow with house money. if you have federally guaranteed deposits, if you're so big they would have to save you, if you run the payment system in this country, you get an extra level of protection. you shouldn't be allowed to go out and take massive speculative events. that's the basic idea. i think we need to otterness glass-steagall and applied and that's what we proposed in our boat. and so while arguing for a size cap on the sides of banks as a percent of the economy coming% of gdp, we also said the bank should choose whether we want to be aborting bank or commercial bank and they can be a bit bigger, but not that way. o
from the investment banking and allow bank of america to be a big retail banker at 3% interest, et cetera and then be separate from the investment and let that be the breakout. without work? so this question is often put, a very good question in terms of should we go back to class to go, which of course was the 1930's that made the split for what we called investment banks in the commercial banks i think the spirit of classico spray. the spirit is you should be late to plow with house money. if...