there are more federal contractors then there are federal employees. it depends on what you look at. simpson-bowles, the gang of six, or the limited information out there. summer calling for a 10% reduction or 300,000 less federal employees. host: is there room for reductions in the federal work force? the office of personnel management put together -- these are the numbers from them, that the turnover has been minimal at federal agencies bank zero people laid off or fired at the fcc. nuclear regulatory commission, two. national labor relations board, one. nasa, 13. the numbers go on and on. this is from a "usa today" article. the federal government runs the place to work for those avoiding losing a job. san francisco state university management professor at john sullivan says the low departure rates show a failure to release poor performance and those with obsolete skills. rather than indicating something positive, rates below 1% would indicate a serious management problem. guest: that is a lot to chew on. first of all, i do not think it is a bad thin

there are more federal contractors then there are federal employees. it depends on what you look at. simpson-bowles, the gang of six, or the limited information out there. summer calling for a 10% reduction or 300,000 less federal employe. host: is there room for reductions in the federal work force? the office of personnel management put together -- these are the numbers from them, that the turnover has been minimal at federal agencies bank zero people laid off or fired at the fcc. nuclear regulatory commission, two. national labor relations board, one. nasa, 13. the numbers go on and on. this is from a "usa today" article. the federal government runs the place to work for those avoiding losing a job. san francisco state university management professor at john sullivan says the low departure rates show a failure to release poor performance and those with obsolete skills. rather than indicating something positive, rates below 1% would indicate a serious management problem. guest: that is a lot to chew on. first of all, i do not think it is a bad thing

s in two thousand and ten than they did to federal the federal government in taxes how are so. being paid so much more at a time when the economy is this that you know that actually goes up goes back to or earlier government intervention that protected management from stockholders and made it so difficult for so-called you know for people to buy up the stock and take over a company and toss out bad management that's very very difficult these days because of the big look the companies in the government got together to prevent it so if one of the results of this is all management of these big companies is paid too much the c.e.o.'s are paid to push way out of the way out of the market category what we want to do is make it possible for the michael milken's of the world to have sort of a hostile takeovers that is pay stockholders the price they want to pay they want to get for their start take over the companies toss out the old one management put new and we would hope better management and and especially not have these recall the salaries for these c.e.o.'s who are going to part

what we do and the federal government, we incentivize a lot of federal agencies to lease. the incentives are to lease. with the way that we call it, if you want to buy a building or something like that up front, it may not make sense long-term. we incentivize with the way we score that expansion in the first year as opposed to leasing which could be scored for 10, 20, 30 years or even more. one of the things i hope that comes out of this today aren't good discussions on how we change those discussions, we need to meet better needs to fiscal constraints of our country. i look forward to the string from a witness, we both do. share with the sure thoughts with the way to generate significant and lasting savings to the public. and with that unhappy given over to senator scott brown from massachusetts. >> thank you, mr. chairman. thank you to our witnesses. i would venture to guess where the only hearing in d.c. right now. and it's interesting listening to mr. chairman, and i want to thank you for this important hearing, through a lot of our efforts, your efforts, we been able

what we do in the federal, we incentivize a lot of federal agencies to lease. the incentives are to lease. with the way that we, if you want to buy deliver something like that up front, it may not make sense long-term. we incentivize with the way we score that expenditure in the first year as opposed to leasing which could be scored for 10, 20, 30 years or even longer. one of the things i hope it comes out of this hearing today discussion on how we change those test, get improperly online. we need better fiscal constraints of or contradicts i look forward for this hearing, we both do, share with us your thoughts. with that i'm happy to turn over to senator scott brown from massachusetts. >> thank you, mr. chairman. thank you to our witnesses. i would venture to guess we are the only hearing in d.c. right now. and it's interesting listening to mr. chairman, and i want to thank you for holding this important hearing, through a lot of our efforts, your efforts, we've been able to put the spotlight on some of the programs that just aren't doing it right. and it's f

it's another federal agency. as i understand it, is paying a high rate. >> so you guys are paying basically a half a billion dollars and in your subletting its -- >> we are not subletting it. we been completed released on two-thirds of the space. >> okay. so that entity is now paying the landlord a higher rent? it has nothing to do with you. so another federal agency is now paying a higher rent and you are ultimately paying, is that right? >> that's my understanding, yes or. >> have you been working with those other agencies if it's a high-risk? >> we have not. as i mentioned, for large leases we have a number of controls in place and particularly for the district of columbia and the national capital region. we actually have rent caps that we put in place for all of our leasing actions to ensure that we did a good deal and we stay at or below the market. >> so let me just make sure i understand this. so you entered into a lease, i understand all the background. you've been released on two-thirds of that. and now

the federal government should help out. i used to live in north carolina, on the coast by jacksonville, and when i was younger we had two floods, and after that we ended up moving out of their. the first time you have a flood, you have the government come in and help and that is fine. but if you rebuild in the same spot and you know that this area is prone to flooding, that is when you need to have mandatory insurance, like the earlier 10, was saying. he said that it helped him. the government should help people when they are in need, but if it they to keep doing the same things over and over again, living in places where they are prone to accidents from hurricanes and flooding, which everybody saying that you are looking for a free handout or this or that, from what i am understanding, when you go to fema and they help you, they are giving you a low-interest loan to rebuild your life. it is not money that is just coming out of the taxpayers' pockets. yes, it is coming out up front, but in the end, and they are going to be

i will not talk about the federal level. i will not at the regional level, preparing for the next round of funding, once it becomes available. one of our staff had been working on the lifeline transportation program. this task force had been comprised of agencies, advocates, and those benefiting from this program, which is targeted at low income persons and communities. one of the more challenging programs to the minister because the goals have not matched with the eligibility requirements. we are pleased to see that mtc is listening. many of the recommendations we see coming out of the draft report should get more attention. making sure transit and non- transit programs are eligible. we see a lot of requests for pedestrian improvements. we want to make sure we have flexible funding. we have a number of efforts related to year end closing. on prop k funds, we allocated $80 million. based on the 2009 strategic plan and the 5ypp, 73% of the money that we could have allocated. $74 million of this is from programmatic categories

the counterfeiters are all the federal reserve.] >> that's right. >> i would like to legalize your constitutional right to use gold and silver as money. if you like the paper money, keep using it. if you think that you should use honest money, use gold and silver. you can do that for education as well. we have a monstrosity of a bureaucracy controlling education at the federal level. hiring thousands and thousands of bureaucrats, millions if not billions of dollars. we always have to argue the case for opting out. that means we should never allow government to encroach upon your rights to do home schooling and private schooling. [applause] also in medicine, yes, i would like to opt out of obama-care. i would like to get rid of the obama-care. you ought to be able to opt out of the whole system. why canyon not opt out of all government systems? why don't we put our money in and pay our own bills and get our tax deduction and by a major -- buy a major medical policy and what the -- let the government stay out of our lives? [applause]

the arguments today focused on kind of federal preemption notions, that it's the duty of the federal government to enforce immigration law, to write and craft immigration law and to decide who to punish. alabama simply doesn't have the authority to create its own immigration scheme. >> suarez: kris kobach, that's been the objection in a lot of states that have tried legislation of this kind. how do you answer that argument? >> well, the supreme court has answered it for me. the supreme court of the eyes has ruled on this issue of whether states can take steps to stop illegal immigration. let's be clear, it's about illegal immigration, not immigration generally. and the supreme court ruled once this past may, just a few months ago and said that arizona's twechk law to prevent employers from knowingly hiring unauthorized aliens, they upheld that law, ruled in favor of the state and prior to that it was 1976 the last time the supreme court ruled on this issue. there it was a california law and the supreme court in that case, too, said the states do have the authority to take these steps

not by having more federal agents with guns.d a firm understanding and a conviction on how the second amendment works to protect you in a physical manner. [applause] a lot of people are discouraged and die at discouraging news for you, generally. but there is a lot of good news out there. a lot of people are paying attention to what this country is all about. what made us great, what made us a prosperous? by taxation is wrong. people are thinking about it. the young people are talking about this and very interested. understanding why we should not have a federal reserve system and why the constitution is so important. that is where i get my encouragement. i believe that people are thinking this way because now it is down to only 17% that believe our federal government is acting within the confines of what they're permitted to do. the very large majority are disgusted with it and they are looking for answers. we tested them for a couple of hundred years. for the last 80 years, we have allowed it to slip. we have lost our determin

it without federal funding. these governors ought to be accepting funding and put ideology aside. i'd like to, ron, focus on a comment governor perry said in his announcement speech when he was announcing his candidacy. he said, i promise you, i will do everything in my power, every day, to make the federal government as inconsequential in your lives as possible. >> yeah. go ahead -- that sounds nice on a sunny day. >> absolutely. >> but -- >> i have a question for governor perry. if he were the governor of virginia and a small business owner saw his factory ripped asunder and the only way we could come close giving him the money to build it back up would be federal funds, do you they small business owner wants the federal government to be as inconsequential in his life as possible? no way. >> you've got to wonder. >> no way. >> yeah. governor o'malley, i'll call you governor o'malley because you're still governor. eric cantor, republican, majority leader, his office released a statement saying the majority lead

the federal government is an enormous presence in terms of federal employees, military, retirees, andof dollars. one of the county's i represent, fairfax county, i believe it is the number one believe it is the number one county in terms of federal contract dollars every year. prince william county is not far behind. anything that affects federal spending and federal activity obviously has a disproportionate impact on the economy of virginia. we have benefited from the federal government and we will not be ineffective if we shrink deck government. host: this is coming in from emanuel cleaver. guest: i respectfully disagree. i understand that in the heat of the moment, the disappointment that we cannot get everything that we wanted. but the reality, the political reality is that we lost the majority last november, substantially. we have to deal with the hand that we got. i think we played it as well as can be expected. there are actually some protections from the democratic point of view that did not exist in previous proposals. the bipartisan commission is split in does not preclude c

not federal dollars, taxpayer dollars, all right? there is a debate taxpayer money when it has abortion resume a while long, and you say? >> i think when i look down there this is fine no overreaching here, the injunction should not have been granted. what it basically did is the state came in and passed a law we are going to prioritize where our money goes. we all know that money is not coming down the way it did before. >> you say this is another federal intrusion on a state's right? >> yes. but i think that kansas is going to have a problem. because when i actually read the judge's opinion and i read the papers today here is what he did was a mistake. gives money to low income families to go to support family planning it says it can go to any public organization or non-private entity. kansas said prioritize. great. actually have the right to do that very specific in saying that after the public institution is going to go to hospitals and the federally -- federal health organization which knocks planned patient hood out. which now

its impact limited to federal law.ocratic president who in 1996 signed doma into law, bill clinton, has also called for its repeal as has president obama who has endorsed this restorative legislation. congressman barr and president clinton's journey away from doma to the freedom to marry and respect for marriage mirrors the changed minds and opened hearts of the american people. and in a 1996 gallup poll, only 27% of the american people favored the freedom to marry, but today according to gallup and five other recent surveys, support has counseled to 53 -- doubled to 53% with younger americans across the board overwhelmingly in support. 63% of catholics are for the freedom to marry, and opposition is falling amongst all parts of the public with accelerating momentum and bipartisan voices as reflected in the last month's historic vote in new york. this sunday many will watch on television as joyous couples declare their love and have their commitments celebrated by family and friends and confirmed by the state. yet as t

putting an end to all federal tax replacing it with one federal consumption tax as the name implies it's fair it would for those making more money they would pay more money and it would promote savings all right next we like to give you a chance to contrast your record as governor that out of mitt romney you know there's a critical issue which is how big is the government to be back in the days of john f. kennedy the federal government took up along with the state local governments twenty seven percent of the economy the big government consumes thirty seven percent of the economy we were inches away from no longer having a free economy. i am my classical liberal i believe that less government is better government i always maintained as governor of new mexico that i could have cut state government by a third and that no one would have noticed the difference well i wasn't a dictator i was one of three branches of government and in that context i vetoed seven hundred fifty bills as you pointed out earlier i had thousands of line items i think and the whole notion of less government i think

the counterfeiters are all the federal reserve.plause] i would like to legalize your constitutional right to use gold and silver as money. if you like the paper money, keep using it. if you think that you should use honest money, use gold and silver. you can do that for education as well. we have a monstrosity of a bureaucracy controlling education at the federal level. hiring thousands of bureaucrats and millions of dollars. we always have to argue the case for opting out. that means we should never allow government to encroach upon your rights to do home schooling and private schooling. [applause] in medicine, yes, i would like to opt out of obama-care. i would like to get rid of the obama-care. you ought to be able to opt out of the whole system. why don't we put our money in and pay our own bills and get our tax deduction and by a major medical policy and what the government stay out of our lives? [applause] i would like to see the day it when the government stays out of relies and out of our wallets. we would all be better off

federal bomb teams arrived the next morning led by the fda.milton brady was in charge. >> the first thing i saw was a 10 by 10 hole in the ground where it blew up where it would come out e ground. i said well that's not too bad. and they said come closer, i looked six floors down and about 200 feet wide and said, oh my gosh. >> the explosion that ripped through six levels of the basement parking garage and weakened the steel supports of the number one trade tower. >> you can see where the floor blew apart. all the way across. the walls are gone. >> no one has ever done something that compact. >> were more bombs waiting to explode at the center? investigators did not know. but they knew where the explosion came from. >> it stuck out that the explosion came from a vehicle. >> reporter: authorities had to inspect dozens of vehicles. these investigators would locate key evidence which led to suspects who were arrested less than a week after the attack. >> the day he arrived, rainy looked crater aáepb he made a -- and he made a quick decision. >> t

and they have state recognition but they don't have federal recognition. and the reason they don't have federal recognition, they say, is 'cause the eastern band of cherokees in north carolina don't want them to because then they'll have to sort of split the federal pie for funding. but they are -- they are thought to be the descendents of the lost colony of roanoke. and they're interesting because they're part -- part native, part anglo and part african-american. and you see sort of the strands in this group when you meet them. and they're very -- they're very christian. they don't have any native religion left 'cause that was lost along with their language so they're very enthusiastic southern baptists and methodists and they are trying to get recognition and they don't have it yet. and i live in california and almost no one i met have met lumbis. >> now, when we talk about tribes, there's a word that -- sort of the operative word for legal and other purposes, which is enrollment in tribes. >> uh-huh. >> that becomes sort of a choice. i don't enroll as a

as it relates to spending at the federal level. so what we as the gentleman from arizona so appropriately said was, what we need to do is decrease spending in the short-term. we need to put some controls on spending in the mid term. but in the long term, as we have discovered and as the american people know so well, it's going to take structural, fundamental change of the way that washington does business in order to get our fiscal house in order and get us on the path to a balanced budget and paying off our debt. and the best way that i believe that that can occur is through a balanced budget amendment to the constitution of the united states. and i don't say that lightly, understanding that there have been really very few times in which the constitution has been amended. but i believe now in my fourth term that having recognized early on in my congressional career that all of the inertia here in washington is to spend money. everything. it all points toward spending money. the budget process that we go through. the folks through

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the federal government's only helped us with 25 of them. that's inappropriate. >> perry failed to mention he only asked for federal money 25 times prior and in each of those cases fema said yes. and now south carolina governor nikki haley faces her own test. she tried today to keep the tea party tone intact with this warning of residents facing the wrath of hurricane irene. >> when an event like this happens, don't wait for government to come and take care of the situation, do what you're doing what we need to do to keep our families safe. >> joining me now, michael linden. michael, thanks for coming on. >> thanks for having me. >> all right, i'm going to put you in a totally unfair position, i'm going to make you defend the premise for my segment. to play devil's advocate, you could say look, they are governors of states, the money is already appropriated for this federal money pot, and these disasters are disruptive events that come from outside, not budgeted for, good for them for getting their share of the money. what is wrong with that

federal fight lines call for 15 to 2 months.thletes in similar cases to home confinement and no jail time. >>> federal investigators say pg&e is largely at fault for that deadly pipeline explosion in san bruno. the ntsb says power outage caused the pipeline to surge beyond capacity and explode last year. investigators are now blaming pg&e for faulty welds and inadequate management and procedures. >> it was compounded over the years by a litany of failures including poor recordkeeping, inadequate inspection programs, and an integrity management program without integrity. >> the pipeline was installed back in 1956, had no automatic or remote control valves to shut it off. pg&e says it has made several changes though including reduction of pressures on gas pipeline but for many that live in san bruno that's just not enough. >> hang 'em. take them up to placerville. it used to be called hangtown. you know? they used to do that in the old days. too bad they can't do it now. >> the ntsb also points a finger at state and federal regula

the first federal tax on american product. excises of such duties are not on import spent most of products are commonly called a cause limitation for rights and liberties were worshiped because excises have traditionally been attended by a race and demand a jury trials. aristocratic literature can do no exercise nasty attempts by crown in ministry. associated by land owners with aboriginal freedoms to grow bbc site manufacturers anyone's associated by landowners with decadence and tyranny. it was english politics at the rhetorical abomination of excise had long been able to alliances with groups whose real interests are often at odds. colonial americans had forced just such an alliance try not familiar anti-excise themes and condemning an arbitrary internal tax with independence when the u.s. congress imposing heated excise would seem to be the ideological betrayal. others saw things differently. american inch parts resist england, but preferred tower on law when it came to making policies. a tax might represent good or bad le

federal guidelines call for 515 to 20. the judge in his case has sentenced other athletes in similar cases to just home confinement with no jail time whatsoever. >>> ntsb says pg&e is responsible for last year's deadly pipeline explosion in san bruno. they say it included problems with faulty welds and faulty management and procedures. investigators say a power outage caused the pipeline to surge beyond capacity and blow up. it was installed back in 1956 and it had no automatic or remote-controlled valves to shut it off. >> it was compounded over the years by a litany of failures including poor recordkeeping, inadequate inspection programs, integrity management program without integrity. >> pg&e says it has made several changes to its gas policy in the last year including reducing pressure on more than 1600 miles gas transmission pipelines. but for many in san bruno those utilities improvements are too little too late. >> this should never have happened if they had been doing their job. hang 'em. take them up to placervill

some of the agencies are worried about federal money because it does touch locally controlled federal money, too. we recommended watch, and will be working with the senate appropriations committee to tighten up the applicability. there are two bills. i tried to report on them each time i am here. the first is s.b. 223. this is the vlf catch-up bill. it has been amended to scope itself down to apply only to the city and county of san francisco, so the availability up to the full prior to% is limited only to you, if the bill is signed. going forward, it

but in this case the sells man is the federal reserve chief. and incredible. >>guest: incredible. still watching the numbers settle up. it is unbelievable. a dow jones industrial average finishing up 429 points. new, not gaining all of yesterday's drop but, still, a significant portion of that we have beginned become. it was a will woulder coaster session. out of gate this morning we saw stocks surge. triple digits after the huge sell off yesterday, some calling it a rebound or relief rally but then at 2:15 eastern, we saw a big sell off in negative territory on conflicting signals that we got from the federal reserve saying they would hole the interest rates low for the first time we ever heard a timeline on it talking about mid-2013. they also, very important, issued a bleaker view of the economy than we have seen in the past. that caused the official sell off at 2:15 but we rallied back and the final hour of trading we were led by the financials, bank of america, one of the big of the gapers in the dow jones industrial average but, also, oil and gold were in focus today, and oi

. >> many people are waiting to hear from the federal reserve this morning on what it will do to stop the country from sliding back into recession. the feds policy meeting is today coming up at 6:15 we will have a live report from our washington d.c. newsroom with the steps the feds are going to take in order to boost confidence so stay with us throughout the day. any time of day you can go to www.ktvu.com for the latest economic news. there are also tools to monitor the markets, just look for the wall street tab www.ktvu.com. >>> oakland police are continuing a manhunt for the gunman who killed a three-year- old boy. jade hernandez is joining us live near the police command post near the scene of that tragic shooting, jade? >> reporter: still no arrests this morning and they plan to hold a vigil, it will be held a block from where this command post is parked at 56th and international. the police department calls it a tactical alert this morning and a family is reeling from the loss of their child. >> the violence takes place where you have an innocent child lost and you don't know ho

location in realignment of the federal foot print.e think as we go forward if someone does become codified, there's a very good possibility that it could be factored towards helping reduce the governments releasing an costly leases. >> i remember when he said it takes about 1.66 billion annually to operate and basically keep hoping for the underutilized buildings and i found that really fascinating. they were back to the office, talked about it. as a result we try to come up with ways to address and get properties out the door and get them back into tax rules on the link. one of my goals in my legislation is to address. how could we unlock savings for taxpayers? >> as you allude to it in your statement, the key thing for the federal government is to get out from under the sink but not really very useful for the government. as you noted, operations of neatness cause keep recurring year after year after year. as we move forward in cipra does become law, hopefully this will lead toward the governments ability to get out from under leases

if the president declares a federal emergency, federal money comes in., federal money is quite low. joplin, missouri was hit by a tornado. they are going to stand back and not give them the resources that they need to the state of missouri to help with hurricane irene. this is the hidden underbelly of the problem. there is no money to help people get back on their feet. the president needs to declare an emergency disaster. those are the two buzzwords. that entitles states and localities to different types of resources from the government. we have had, in the last few years, wildfires, tornadoes, earthquakes. we just had an earthquake just before irene. every time that happens, the governor of the state makes a plea to the federal government, this is an emergency that goes beyond our resources and we need help. historically, the federal government has stepped up to back up these local jurisdictions. right now, because of the recession, localities and states did not have enough revenues, and now we find out that the federal government does not have enough

now tonight we're going to take a look at federal reserve chairman ben bernanke these statements today or lack thereof but also look at a secret program asking a foreign governments to detain interrogate and beats american citizens and a.f.l.-cio president richard trumka has come out hard attacking president obama running to withdraw his support from his campaign in two thousand and twelve so how damaging could that actually be for the president's attempts at reelection or to have all that and more for you tonight including a dose of happy hour but first let's take a look at what the mainstream media has decided to me. all right so i've been giving you my take on the natural disaster reporting over the past couple of days and hopefully have made it pretty clear so far that i'm not a huge fan it's not that i don't believe that people should be able to watch the news and see what's coming take the necessary precautions find out which areas are being evacuated where the shelters are find out if nine one one is going to be working or not quite the opposite i think that that is the exact in

well federal reserve chairman ben bernanke he spoke an annual conference in jackson hole today where last year he announced the fed's indications are it would later become q e two but the day he announced pretty much nothing he continued on the line but although i don't claim it is going to be an issue he doesn't expect the long term growth potential of the u.s. economy to be affected by the crisis or the recession if the right steps are taken he once again said the pad will take any necessary steps to help the economy but he didn't mention any and he once again point the finger at congress and the white house basically saying that better fiscal decisions need to be made for the monetary policy decisions to live within the hour so what's the takeaway here and what are the chances that those right steps ever be taken to get this economy back on track or discuss this with me as anthony read as the director of economic research for the reason. dan thanks so much for being here tonight so what did you think of burning these riveting speech today i feel like anybody kind of gets that that

the counterfeiters are at the federal reserve. [applause] i would like to legalize or right and your constitutional right to use gold and silver as money. if you like the paper money, keep using it. if you should use honest money, use the gold and silver. you can do that in education as well. we have a monstrosity of paper across a controlling education. hiring thousands of barakat -- bureaucrats. we have to argue the case for are opting out. that means we should never allow government to encroach upon your right to do homeschooling and private schooling. also in madison. i would like to opt out of obama care. you ought to be able to opt out of the system. why can you opt out of all government systems? we can put our money in and get our tax deduction and by major medical policy and let the government stay out of our lives. [applause] i would like to see where the government stays out of our wallets and we would be better off if we had a government like that. we are in big trouble right now. financial trouble. it is inexplicable.

spending to cap federal spending and to put in place a balanced budget amendment. and that is the answer for the debt limit. >> the romney camp has said his position has always been clear. cut, cap and balance. >> we need to cut, cap and balance the deficit. >> i will not vote to increase the debt ceiling. >> but contrast that with another gop contender, michele bachmann. politico quipped, the front-runner might as well be in the witness protection program. note the latest poll in pennsylvania, a democratic firewall state where romney is beating president obama. >> washington, d.c. right now is like political quick sand to 2012 presidential candidates. if you get involved it's going to be hard to get outside of it. >> what this president has done as slowed the economy. he didn't create the recession, but he made it worse and longer. >> only to contradict himself a few days later. >> i didn't say the economy was worse. i said it hasn't turned around. >> we disagree on a lot of issues, but i agree, you are the candidate of change. >> gop named robert bourque to a jud

we need to empower doctors and patients and change the federal tax code. the federal government got us into this mess when price controls were in. employers got a tax benefit and employees get health care with after-tax dollars. if you lose your job you have to buy it with after-tax dollars and we need to change that so that we can build up the individual markets. states need medical malpractice reform. texas is a great example. they had 16,000 doctors go back into texas capping on economic damages and punitive damages. the cost of medical malpractice has gone down. rick perry signed a couple weeks ago a loser paid law in texas which is a fabulous decision because defensive medicine costs $212 billion a year according to price waterhouse coopers. it is very expensive and leads -- part of the reason for the high cost of health care. states need to reduce the individual mandate that adds 20% to 50% to the cost of a premium. if i want the health insurance program with in vitro fertilization i should be able to buy it but why should jenkins to turner subsidize

the continued bloodshed much needed a warning for president obama to rethink his strategy there and federal reserve chairman ben bernanke he says that his hands are tied when it comes to fixing the unemployment crisis while he's calling on congress to pick up the slack and what that means for those americans who are struggling to pay the bills. well you need to know this there is still one more day remaining in august but already it has proven to be the deadliest month in the in the decade long war in afghanistan now a record sixty six u.s. soldiers were killed in august with the lion's share of that number of grisly number a result of the chinook helicopter crash that claimed thirty american lives most of them leave navy seals on august sixth now according to the associated press at least one thousand six hundred forty members of the u.s. military have died since the war in afghanistan began now it does seem unfortunately like no one's even the tiles on the number of afghan civilian casualty is not to mention the tens of thousands of americans who came home with visible as well as emotiona

there isn't there isn't a great difference between a different federal reserve. and if you look at alan greenspan he clearly caused the housing. inflating the economy by keeping rates artificially low and i don't think this enter banks have done a lot of gods since inception of the federal reserve has and i love i don't see united states or clearly a lot of the blame. should be going to them on the other hands on now or as we are already seeing this very high debt bar and clearly there needs to be some other political solution because i don't think there's any is a grade to fix it as a mention apart from some form of debt restructuring but one point that was made earlier i don't want to comment on also though is that the european central bank is any better than the federal reserve in my opinion clearly that's not the case at all the moment ruining the eurozone but bailing out every eurozone country they can find in every bank left and right is they're desperate again records amount of italian debt spanish that italy is sitting on two trillion euros of that person

franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have clean water because we're investing in it now. hunter: there were no alternatives. the infrastructure was in dire straits. a lot of people didn't want to believe it had to be done, but it had to be done. what came out of those lawsuits by the upper chattahoochee river keeper were two consent decrees, focused on overflows. the intent is, city of atlanta, you need to keep the flows in the pipe. narrator: with the help of the funding the city raised, atlanta has been implementing an asse

the federal governments too large.hat number up there suggest a government that has grown to well beyond anything anyone had ever imagined, even people like jfk and fdr. even lyndon baines johnson. they would be surprised at how big that number is and would be appalled. we have to shrink the size of the federal government and return much of what it does, if as much as we can back to the state's rickey managed for the people and people are closer to their elected representatives and can vote them out that they do not do a good job. i will do that. [applause] the fact that that number is going around like it is is a pretty clear indication of presidential failure. but there are some other reasons to be unhappy with deeper than that. that relates to the fact that we have 25 million americans that e out of work. out of work, stop looking for work, or in part time jobs. 25 million americans. you are doing better here in new hampshire. i think the president could learn some lessons from new hampshire. heould learn that if yo

the us federal reserve's admitted the us economy is not as strong as its thoughts and it could force it to keep interest rates at record lows for the next two years to help carmen vestas the fed's comments pushed the u.s. stocks into the red but some late trading saw markets recover their losses artie's report got the latest from new york for you. before the federal reserve did release a statement many traders and investors were anticipating that the fed would do a bit more to help to reassure nervous investors but it doesn't seem to be the case the federal reserve met for the first time on tuesday after the u.s. is credit rating was downgraded from aaa by standard and poor's so this was a meeting that came right after that happened and the federal reserve announced that the u.s. interest rates will be kept at record lows for another two years through twenty thirteen we should mention that interest rates in the u.s. have been near zero since december two thousand and eight of the financial crisis hit the u.s. and you know infested the rest of the world a lot of a lot of experts belie