i have known the senator robert ford and i have known dr. rex for a number of years.believe this is the way the public discussion should be conducted. i believe this is the way a public debate should occur and i am proud of what we have done regardless of the outcome of this election, i have worked hard to become south carolina's next governor. for a democrat to win, you have to work harder it regardless of the outcome, i will continue to work with these two gentlemen and work to better south carolina along with the folks in this audience and many of you watching on television. it has been an honor and privilege. thank you for having me. [applause] we want to thank the staff here at carolina coastal university and thanks to our other university partners. please vote next tuesday at the primary. for all of us, have a great night and good night from coastal carolina. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> today's headlines and calls are next on today's "washington journal." attorney

the ford foundation has helped to clean up some of the spirit and hosis. host: there is a map put together. it shows between 1961 and 1971 the u.s. trade nearly 20 million gallons of u.s. oranagent orang. much of it contained dioxin. the lingering health impact has made this the cost with impact in terms of veteran compensation. what has this done in vietnam? guest: a whole lot of money has been spent, and rightly so. in vietnam you can see increased incidence from birth defects and certain types of cancers. we went and visited centers where children or people in their 30's and 40's 44 not with birth defects, crippled, or what ever, and we looked at the long- term humanitarian impact that it had on humans. -- who were born with birth defects, crippled, or whatever, and we look at the long-term humanitarian impact that it had on humans. a lot of things could have been caused by beatie. you know there is a high year level of its where dioxin was present. -- you know there is a higher level of it where dioxin was present. once you get over to having a pen tha

captioning funded by cbs and ford-- built for the road ahead. >> pelley: what happened at pelindaba is the kind of thing that keeps presidents awake at night. it was the scene of the boldest raid ever attempted on a site holding bomb-grade uranium. >> these people cut through a 10,000-bolt security fence. they went straight to the emergency control center of the site. these people knew what they were doing. >> this is the scene of the crime. >> safer: he gave us a tour of bernie madoff's 19th floor offices, an impressive landscape of emptiness. >> his desk was here. >> safer: he has the thankless task of finding the money, the billions that madoff scammed. it may surprise you to learn some of it will come from some of the victims themselves, and millions more from his opulent assets. >> your eyes are drawn directly to the chandelier, which is probably worth a pretty penny. >> kroft: when michael jackson died, he had nearly a half a billion dollars in debt. since then, it's been a very good year for his career. and this is not unusual. decades after their demise, some departed stars dra

the next question for senator robert ford. >> as --senator ford? -- is this question for senator ford? can you speak to pensioninstance you kept jobs? >> bi lost time in chryslyer because of the confederate flag. we were able to convince [unintelligible] the wind turbines like it talked about earlier. i was involved in that project to defend that project. that is, district but i defend the project and that will bring 4000 jobs. >> in charleston county, would you relocate boeing or video poker machines? >> both. we need both. $3.5 billion of budget, and thousands of teachers laid off and employees. we could get that money right away. how the one of them is considering some form of gaming. north carolina just passed a poker plan. we had better get some money here and get it quick because you'll be crying in a few days of the fact that we do not have no money to pay you. we have to have some money and gaming is the only thing left. >> we will likely be crying anyway. >> not if i am governor. you will have the money. >> i have been involved in numerous

we will bring ford proposal so they can be debated. there is aignore that i problem. >> the week by week, a constituency -- >> week by week, will be colleagues consider [unintelligible] >> i think my hon. an extremely good and positive suggestion. the whole country has seen the people who come reynaud shine, always on the streets and watching -- come rain or shine, always on the streets and watching as they go by. when it comes to this complex, whenever we think of it, will want to support our troops and do what we can to recognize -- it is not just a government saying -- trying to recognize what these people do on our behalf. >> i am sure the prime minister is aware that it a cross-party group worked extremely hard in the past government to adopt new measures to regulate hmo's. can he reassure me that is+ government will not seek to undermine the legislation that is so important to my and other city-center communities? >> we all know of the problems of houses that are kept a badly and some of the problems in the past with a channel's.

gettelfinger had when working for the ford motor company. he enhanced a vision of organized labor. ron's eight years as president of the u.a.w. has ushered in a number of defining accomplishments for the american worker. he fought vigorously to assure worker protections in major trade agreements. while understanding that a reformed health care system will better serve america's work force and our entire country. ron's success is defined a willingness to work with industry and construct bipartisan agreements that achieve results, a strategy i admire and wish we would see more of here in congress. as we emerge from the worst recession, worst economic crisis since the great depression, ron's leadership has been stall wartwart. as americans see thousands of jobs overseas, ron made sure that good-paying jobs stayed here in the united states of america. at a time when workers' rights were in jeopardy, ron never thought to back down or make concessions. that's real leadership. ron, on behalf of the working men and women of my district in western pennsylvania and all organized labor, thank

we have seen the ford foundation putting in 13 million already. all lot of private citizens are helping as well. host: for more information go to aspeninstitute.org. thank you for being here. we're going to take a short break. when we come back, we will open up the phone lines. we will be right back. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> this weekend on "book tv" kai bird. and on afterwards, vietnam veteran karl marlantes. buying the entire weekend schedule at booktv.org. join us on twitter. host: we are back with open phones this morning. we have 15 minutes. phone number as will be on your screen. above the gulf oil spill. this morning "the daily news"has the breakdown by numbers. 81% is the percentage of americans that bank bp is doing a poor or very poor job of cleaning up this bill. 59% of americans think that bp should pay people hurt by this bill even if they go out of business. 51% oppose it more offshore drilling. 2,000 miles is the estimated number covered by th

ford sales were up 22%, and g.m. rose 17%. at the same time, ford announced it will stop making mercurys by the end of this year. the brand has been around for 72 years. in afghanistan today, a national conference a "peace jirga" opened and militants carried out a suicide attack nearby. none of the 16 delegates were hurt but at least two of the attackers were killed. hahmid karzai spoke with rockets and gurch in the background and told his audience, we have heard this kind of thing before and appealed directly to the militants. >> ( translated ): my, dear taliban, you are welcome on your own soil. do not hurt this country or destroy or kill yourself. whoever is killed in this country is the son ofy this country. it is, you are from this country if it is, me, i am all from this country. we are brothers. let's free ourselves s from killing each other and build this country. >> sreenivasan: taliban representatives were not invited to attend the conference. the prime minister of japan yukio hatoyama has stepped down. he was in off

supreme justices be ford liar. once the senate confirms a nominee, she is likely to affect the law and the lives of americans much longer than the senator who's confirmed her. as senators, i believe we have an obligation not to the base our decision on empty political slogans or on charges of guilt by association or on any litmus test. instead, we should focus on your record and your answers to our questions. which will allow to us determine whether you have the qualities necessary to serve all americans and the rule of law on our nation's highest court. over the years, as chief of staff to then senator biden, teaching at the duke law school and as a senator myself, i've thought a lot about the qualities i believe a supreme court nominee should have. a first rate intellect, significant experience, unquestioned integrity, absolute commitment to the rule of law, unwavering dedication to being fair and open minded and the built to appreciate the impact of court decisions on the lives of ordinary people. last year, whe

as john deere, caterpillar come at aay of those firms, ford, ibm, you name it. every company hedges of their expossre. the airlines had that on a lot of your international's have currency hedges. i do not see why you need to have a gatekeeper. that is what we have done in this bill. we fix things that were not problems. we have had company after company after company that as come to us. this has led the lobbbing people to come to us and say these will cost us jobs. they said it will cost us 400 jobs in omaha alone. we do not know why. we have been doing this safely. now, there needs to be disclosure. there needs to be transparency. a lot of the need to be traded. your ther question was about banks. should they be able to do this? they should nottbe with to speculate on their own accounts. they should not be able to use the people's monee. they hould not go to the discount window. if you have a federally insured bank with deposits are being guaranteed by the insurance fund, it is a valid thing to say, maybe there ought to be restrictions on that. in fact, the fed

captioning funded by cbs and ford-- built for the road ahead. >> come on, baby. come on, baby, you can make it. >> you guys are going to make this, right? >> yeah, i'm hoping. >> kroft: you're hearing the last words of a crew aboard a doomed flight over afghanistan. far from any logical route, they slammed into a mountain, killing everybody on board, including lieutenant colonel mike mcmahon. you wouldn't be hearing about it tonight if it weren't for his widow, who decided to take on the military contractor blackwater over an accident that never should have happened. >> he would have liked to have been able to go out, you know, fighting, not in the back of some plane, somebody else's victim. >> couric: as president obama's senior advisor, david axelrod is accustomed to fighting battles in the rough-and-tumble world of politics. but he and his wife susan have been face to face with another very personal adversary for the last 28 years. that's when their daughter lauren was diagnosed with epilepsy. >> you know, epilepsy is like terrorism of the brain. you don't kno

captioning funded by cbs, and ford-- built for the road ahead.cess.wgbh.org

captioning funded by cbs, and ford-- built for the road ahead.y media access group at wgbh access.wgbh.org when our clients' needs changed we changed to meet them. through the years, when some lost their way, we led the way with new ideas for the financial challenges we knew would lie ahead. this rock has never stood still. and there's one thing that will never change. we are, the rock you can rely on. prudential. i know who works differently than many other allergy medications. hoo? omnaris. [ men ] omnaris -- to the nose! [ man ] did you know nasal symptoms like congestion can be caused by allergic inflammation? omnaris relieves your symptoms by fighting inflammation. side effects may include headache, nosebleed, and sore throat. [ inhales deeply ] i told my allergy symptoms to take a hike. omnaris. ask your doctor. battling nasal allergy symptoms? omnaris combats the cause. get omnaris for $11 at omnaris.com. ♪ traveling in the world of my creation ♪ ♪ what we'll see will defy ♪ explanation [ male announcer ] remember when you were five and an

john deere, caterpillar, ford, i.b.m., you name it, every large company, they hedged on their exposure. the airlines hedge it on aviation fuel. a lot of your international companies that do business overseas, they have currency hedges. i don't see why you have to have a gatekeeper at one of the four largest financial firms. that is what we have done in this bill. we fixed things that weren't a problem. we have had company after company after company that has come to us -- and this is a lot of the lobbying. but they have cooe to us and said this is going to cost us jobs. car guile -- cargyle said it is going to cost us 400 jobs in omaha alone. we have been doing this and doing it safely. now there needs to be disclosure and transparency, and with a lot of them, they need to be traded now. your other question was with banks. should she be able to do this? they should be able to speculate on their own account. they shouldn't be able to use the people's money or go to the discount window. if you have a federally insured bank where the deposits are being guaranteed by really the insurance f

he has a certain amount of saying that gerald ford was president and should be able to say who he nominates, and i thought john paul stevens was more conservative than someone i would have recommended for a democratic president. i think he has been a good justice. at the same time, you have a mother who i think was a superb justice. -- another who i think was a super of justice. -- superb justice. there was one picketing outside my office saying if i voted for him i would not get reelected. he served very well. people make up their mind on many things. you can probably get as good a view of them as you can, but ultimately, they are going to make up their minds. >> you can read too much into your papers when she was a clerk to justice marshall are served in the clinton administration. on what basis do you find out if she is fit for the job or what type of justice she will be? >> about the time i came to the senate, i think about 45% had not been sitting judges. certainly hugo black, i just mention him, and he brought some real-life experience. he had been a member of the coup, -- the kkk. he

i'm pleased with the way he has turned out he gave a certain amount of -- saying that the gerald ford was president and he should be given some wleeway in who you nominate. i thought at the time he was probably a lot more conservative than somebody i would have recommended to a democratic president. i think he has been a very good justice. at the same time, you have somebody like david suiter who i think was a superb justice, i was very happy in the positions he took. but i remember when i announced i was going to vote for him, a very liberal group picketting outside my office saying if i voted for him they would make sure i never got reelected. well, i voted for him, i was reelected, he served very well. it's a lifetime appointment. people make up their minds on many things. you can probably get as good a view of them as they can but ultimately they are going to make up their minds themselves. >> senator, if you can't read too much into her papers when she was a clerk or served in the clinton administration, she hasn't been a sitting judge, on what basis do you figure out if she is f

this is true even if commercial parties agree to, quote, look out to deliver obligations of the ford contract. now, for those who are not familiar with terminology, a bookout is a second agreement between two commercial parties to a ford contract that finds themselves in a delivered chain or circle who agree to settle their delivery blakeses by ex-- obligations by exchanging a net payment since the initial forward contract was ever entered into. bookouts reduce transaction costs that savings consumers money. can the chairman clarify this for me? mr. peterson: the gentleman is correct. my interpretation of exclusionary provision of the definition of swap that you mentioned is that the exclusion would apply to transactions in the party's delivery obligations is booked out, as you described. the fact that the parties may agree to settle their obligations with a payment based on a price difference through a bookout does not -- does turn a forward contract into a swap. excluding physical forward contracts including bookouts is consistent with the cftc's longstanding view that physical for

admitted on the stand that, that he was at fault and she never quit on him, he quit on her, and beg fordeconciliation. they reconciled and the best thing for both of them. >> larry: we'll be back with more of this extraordinary story after these words. >> larry: are you saying, doctor, there are a lot of cases like this. people falsely accused of touching children, teachers and others? >> if they would just listen to the interview that you did back in the mcmartin era, watch that again all those many years ago and realize that the 9th circuit left the families hanging out to dry. then the 9th circuit didn't do anything about the kearn county case. there are many true stories about parents trying to change the system and getting nowhere because activist judges simply won't follow the law the legislature wrote. >> larry: tonya, you are a teacher, you are bright, what does a parent do if her 7-year-old daughter comes home and says, mommy, my -- my teacher touched me in my private tuesday? what does she do? >> absolutely. you look into it. >> larry: by doing what? >> one you, do not question

there are some that are specific to an individual company like ford motor co.and there are some which are much broader and cover an industry or a mix of cds'. these are very important and valuable instruments because they can help you hedge against various kinds of risk. >> it would not have to be on exchanges? >>the cds is an instrument that grew quickly and did not have an infrastrucre that group with it. this is one place where the federal reserve was ahead of the crisis. the new york fed in particular and tim geithner who was the president at the time and is now the treasury secretary had a big role in this. there were very much involved before the crisis in trying to get better organization and better control of the trading of these cds',. at the time it was very chaotic. there's effort to get the trading better documented and more transparent the fed is continuing to work on that process. the issue on exchanges, exchanges are good. they allow for price discovery and setting up margins and providing capital so that you don't have to worry about your counte

ford, did that. but a specific, gigantic, legislation piece. >> larry: all right, guys.. >> that was never done. >> larry: thanks. thanks. hold it, please. thanks to everyone for a spritely session. someone is going to die in a couple hours in utah. condemned man is hours away from being executed by a firing squad no less. the supreme court has denied his stay of execution and we are going to go to utah live for latest next. know it all shared it with single and loving it! who made a cup the next morning for ladies man as he was rushing out the back door. he shared it with blondes have more fun and fiery redhead, who, after finding out about each other, shared starbucks via with their new boyfriends, firemen keep it hot and drummers rock, who called his friend know it all, who said he already knew about it. premium starbucks via ready brew. now available wherever you buy groceries. ♪ i had a heart problem. i was told to begin my aspirin regimen. i just didn't listen until i awoke with pains in my chest. i almost lost my life. my doctor's again ordered me to take aspirin.

admitted on the stand that, that he was at fault and she never quit on him, he quit on her, and beg ford reconciliation. they reconciled and the best thing for both of them. >> larry: we'll be back with more of this extraordinary story after these words. i got into one of the best schools in the country! [ both screaming ] i got into one of the most expensive schools in the country! [ male announcer ] when stress gives you heartburn with headache... alka-seltzer gives you relief fast. [ low male ] plop, plop. [ high male ] fizz, fizz. sweet & salty nut bars... they're made from whole roasted nuts and dipped in creamy peanut butter, making your craving for a sweet & salty bar irresistible, by nature valley. . >> larry: are you saying, doctor, there are a lot of cases like this. people falsely accused of touching children, teachers and others? >> if they would just listen to the interview that you did back in the mcmartin era, watch that again all those many years ago and realize that the 9th circuit left the families hanging out to dry. then the 9th circuit didn't do anything abow tut the

ford, did that. but a specific, gigantic, legislation piece. >> larry: all right, guys. right. >> that was never done. >> larry: thanks. thanks. hoiltd, please. thanks to everyone for a spritely session. someone is going to die in a couple hours in utah. condemned man is hours away from being executed by a firing squad no less. the supreme court has denied his stay of execution and we are going to go to utah live for latest next. now snapple's got healthy green tea, tasty black tea, real sugar, what's our slogan? bester stuff! - stuffy stuff! - good stuff for bettering stuff! guys? the best stuff on earth just got better. - good stuff, craig. - we're dating. [ announcer ] snapple. the best stuff on earth just got better. ♪ ♪ do u gonna be there? ♪ are u sure u gonna call back? ♪ ♪ when am calling up and all that? ♪ ♪ ♪ can't u hear i'm sick? ♪ i'm lovesick ♪ can't u hear it explode? ♪ all down, all down >> larry: the scheduled execution by firing squad of convicted murderer ronnie lee gardner is just hours away. right after midnight, utah time, five marksmen will point t

one in indiana, one in ford, one in augusta. >> grandkids?> three. >> my dad has [unintelligible] them. --keep up wiith with them. there you go. >> i will limit that. >> one more. >> enjoy yourselves. >> good to talk to you. thank you. the bus.et them on ♪ home, sweet home to me good old rocket, tennessee [fiddles playing] very good. always be, you'll home to me [applause] >> i'm bill halter. oh, is that right? nice to see you. >> your dad was like mine. >> ed halter. >> this is a great surprise. you all just made c-span. you guys are great. how old are you? >> 11. >> that is great. [laughter] that is great. you all did fantastic. >> thank you. >> tell all of our cousins. >> thank you. [laughter] >> it is going pretty well. >> it is a little bit slow. it is all good. it is a nice day. >> it feels pretty good. how are you all doing? we have a vote coming up on tuesday. >> thank you. >> where do you all live? i was just there. just yesterday. >> did you visit the [unintelligible] >> no, we just said hello to folks. make sure you vote on tuesday

captioning funded by cbs and ford-- built for the road ahead. >> kroft: if it hadn't been for bernie madoff, the most famous white collar criminal in america right now would probably be marc dreier. he also ran a ponzi scheme and wound up in prison, but unlike madoff, he agreed to talk about it. >> i thought, if somebody would ever interview me on a program such as yours, it would be for something good i've done, not something humiliating i've done. >> kroft: this isn't the way you wanted to be on "60 minutes"? >> no. >> i love the country. i believe in the country. i believe in everything that this country stands for. >> pelley: nada prouty's missions as an fbi agent and cia officer read like a history of america's fight against terrorism. >> nothing prepares you to meet a terrorist, a real-life terrorist. >> pelley: but her fellow c.i.a. officers were shocked when she herself was accused of being a terrorist spy. one of the new york papers called you "jihad jane." >> that's the jane that went to iraq and put her life on the line. >> cooper: mike rutzen is one of just a few people i

and then on north korea, and you said yesterday that ford korea must be held to account for the sinking of the south korean war ship and there must be consequences for such irresponsible behavior. what specifically would you like to see imposed on north korea, short of some sort of condemnation from the security council? >> darlene, since your first, i'm going to give you two question. everyone else, please stick to one. with respect to the first question -- we helped to draft the communique which reflects our politics. leading up to the conference, there was some sense -- sense of the divide. the policies that we have been promoting are reflected in that communique and are entirely consistent with what the g-20 leaders came up with. keep in mind that we have already proposed a long time ago that we were going to cut our deficit in half by 2013. the time frame and the measures that have been adopted are consistent with our view is that it is important for us to make sure that in the medium and long term we are paying attention to the big deficits and debts that we have out there. what w

host: take ford motors or general motors where parts of the countries are made in canada, shipped to the u.s., and then we ship our cars to canada for sales there. guest: yes, and there is nothing wrong with increased trade. host: doesn't it to create more jobs? guest: certainly. the debate when it comes to trade agreements is trade under white rule stacks whether the best rules govern global economy. host: where would you draw line on these rules? guest: these trade agreements have credit rules that benefit the u.s. -- let's not demonize nafta. in this recession something that did not happen is we did not engage in a kind of 1930's protectionism that was so destruction ism. destructive. let's not decrease true. canada and mexico are the north 1 and #two export markets for most states. canada is the number one export market for many states. 280,000 jobs depend on exports. let's not demonize trade with our closest neighbors. host: our topic is nafta. our two guests, todd tucker and daniel griswold. susan joins us from florida. caller: to the gentleman from the cato institute, could yo

host: take ford motors or general motors where parts of the countries are made in canada, shipped to the u.s., and then we ship our cars to canada for sales there. guest: yes, and the is nothing wron with increased trade. host: doesn't it to create more jobs? guest: certainly. theebate when it comes to tradegreements is trade under white rule stack whether the best les govern global economy. host: where would u draw line on these rules? guest: these trade agreements have credit rules that benefit the u.s. -- let's not demonize nafta. in this recession something that did not happen is we did not engage in a kind of 30's protectionism that was so destruction ism. destructive. let's not decrease true. canada and mexico are canada and mexico are the number one export markets. ohio was the focal point during the recent campaign. 280,000 manufacturing jobs depend on exports. let's not demonize trade with our closest neighbors. host: our topic is nafta. our two guests, todd tucker and daniel griswold. susanjoins us from florida. caller: to the gentlen from the cato institute, could you plea

to send a message to toyota, honda, and ford -- if americans get serious about getting off of oil. i would not by another drop of oil if i could help it from any of those companies. host: he mentioned the exxon valdez spill, which happened. about 11 million gallons of oil were spilled by the exxon valdez when that happened. now, but bp oil leak or spill -- and the bp oil leak or spill, the coast guard estimates to hundred and 10,000 gallons of oil are coming out of the pipe a day. it is day 46, which means approximately 9.4 million gallons of oil at this point. it is almost duty at this point, estimated if not already bigger than exxon valdez but already estimated as the same size. missouri, mike, independent line. what do you think about drilling in the gulf? caller: no, not the way they are going. it was your program that i've learned there was another valve that they could have put on their well, that a lot of the wells off the coastal have for one reason or another. this was a show yesterday or the day before. host: are you talking about the types of valves that the norwegians

. >> what is the thing gerald ford world -- what is the only thing gerald ford said that anyone remembers? john paul stevens. if you want to live forever, being a judge is a good way to go. [applause] 45 years from now, a lot of what this will be will be who he put into positions on federal courts to make a difference in people's lives long after he is off golfing or whatever retired presidents do. >> i think the case is a very, very important case. the rules that it overturns is a civil-rights case. if you say district judges get to determine whether or not this is possible, find the case that changed this country in the 1940's in 1950's were you think that would be a horrible not come. we can challenge segregation, which is the law of the land. marriages.llenge discriminatory- we can challenge -- just go down the line and if you say we are going to lead the two judges decide whether or not it is impossible thing even before discovery, that is a devastating decision. the consequences of who is on the court is the gift that keeps on giving. the consequent is absolutely devastating. it see

ford of what i find out, they were telling me the story where the continually fight to work with theocals. he picked up the phone and called the president, and he said that the president was busy. the president has not call them bad. they cannot wait it. they are small parishes tried to do that and that is not right. a couple of different questions as you could do. when we look at this time if you have to look a lot of different ways, much like any other crisis. you need have -- we -- make sure that you have the ability to fly but make it the safest and it never happens again for there are a lot of questions that have to be answered. how much and how fast did they approve something without looking at the changes in the diagrams? as the questions that have to be entered for your water the checks and balances, where the protections as we go forward? it that we might have a microphone that works? >> but another try. the first is how to save some money. i took the granddaughter to the welfare office and you might want a look at the cars that they own and how much money they are going to

the ford foundation has helped to clean up some of the spirit and hosis. host: there is a map put together. it shows between 1961 and 1971 the u.s. trade nearly 20 million gallons of u.s. oranagent orang. much of it contained dioxin. the lingering health impact has made this the cost with impact in terms of veteran compensation. what has this done in vietnam? guest: a whole lot of money has been spent, and rightly so. in vietnam you can see increased incidence from birth defects and certain types of cancers. we went and visited centers where children or people in their 30's and 40's 44 not with birth dects, crippled, or what er, and we looked at the long- term humanitarian impact that it d on humans. -- who were bn with birth defects, crippled, or whatever, and we look at the long-term humanitarian impact that it had on humans. a lot of things uld have been caused by beatie. you know there is a high year vel of its where dioxin was prese. -- you know there is a higher level oft where dioxin was present. once you get over to having a pen that scientific cla

henry ford said don't find fault, find a cure. stood before a local community and told them that i had designed something that would cure the problem in the gulf. it's an auguster system that would cure the problem. it would seal that hole. and i have i would like to say i'm from west virginia and my phone number is 304 -- host: committee stay focused on this idea of presidents in + crisis. we're going to talk about the gulf spill later show. caller: that's what i'm trying to say. the problem is we want everybody blaming, everybody wants to say what's wrong and blame and blame and blame, but the president doesn't have access to the little guy like me who can point at the problem and say this will cure it. guest: i have a friend working for the corte guard in the gulf and he says a few people have had their cell phone numbers released and getting calls all the time from well meaning citizens like the caller who have figured out how to plug this hole. i think it's emblematic at how unique this crisis is. this is a crisis where avera

customers with a variety of solutions such as unemployment and utilizing a variety of strategies to solve fordifferent payment. we believe the issue of affordability is an important consideration in modification. there is not a one-size-fits- all. for those that face hardship, there are a number of customizable solutions. they will participate in different programs this summer. it will allow for a dignified transition for the rest of their lives. they support the programs to help consumers. thanks for allowing me to speak before this committee. i will be happy to answer any full -- any questions. >> we continue to work. but the acquisition of countrywide, this changed dramatically in loan type and volume to nearly 40 million customer loans. we want to address the needs of distressed homeowners. [unintelligible] bank of america has participated in several community outreach events to help customers understand their options. there have been a rough spots and customers have experienced service that is inconsistent with our standards. we have to learn and improve during these difficult times, nett

this is true to form ford taurus, but it includes things that the liberal democrats have always foughtnot vote for this. he says his top priority is to cut the deficit. in order to get the deficit down, if you need to seek economic growth of an unemployment down. today's budget is bad for growth and that will make it harder to cut the deficit. the new office of budget responsibility has said in its report today that because of this budget, growth next year will be lower than it would of been under our policies and support for the economy. mr. deputy speaker, they have on growth for next year down, because of on that his budget does. and mr. beckett -- mr. deputy speaker, he said he was going to tell it straight, but the chancellor has not told straight today today's budget is bad for jobs and that will make it harder to cut the deficit. the obey are -- obr said that the price of his plan is tens of thousands of people out of work. i say to the honorable member, look at the obr report last week and compared on unemployment, compare it with the forecast and the result of this budget. the

. >> walling ford connecticut. andy, hi. >> i had a question or comment.the republicans talk about the supreme court should file the constitution. wh if the constitution says the supreme court decides who's president in bush verses gore? >> the constitution ys the judicial you her will be held by a supreme court and the judicial power resolved disputes and that was a dispute. there's no question under the constitution the supreme court could exercise the authority and the other branches recognize it even the their unhappy. certainlyome although i'd say probably half the member of congress were unhappy they decide to intervene. perhaps the other with this were pleased. >> in his column the bush and do you think anyone will ask that question? guest: iraqi think i think it . i don't think you'll hear republican senators recite it and ion't think she'll say much about it other than the fact that the court issueed the decision and it stressed that it was limited the facts at and that happen to be that election as apposed to spreading a broader constitution. >>

he counted on general ford as one of his dear friends. they were both university of michigan graduates and stood by him when president ford was sworn in as the 38th president of the united states on the day that former president nixon resigned. he was born in pennsylvania on august 4, 1927. he went on to attend the university of michigan where he saved an m.a. in 1951 and a ph.d. in 1957. he was a lifelong supporter of the university of michigan sports and took considerable pride in the success of that great school. after his time in politics, he served as director of public affairs for u.s. steel corporation from 1977 to 1980. from 1981 to 1987, he was the director of programs and seminars for the american enterprise institute. after his retirement in 1992, he worked on a number of fill an tropic pro -- fill tropic projects. he died in his sleep on saturday, june 19, two days after celebrating his 60th anniversary. his wife, wilma, survives him. he's survived, also, by his brother, gordon eche, his sister, emily of big fort, montana, son

anyone that says how can a ford to do healthcare? we couldn't afford to walk away from it. it was interrupting our country. 1/6 of every dollar spent was healthcare. in just a few years it will be 45 minutes of every dollar. for people who complain about not being able to afford this, remember, during the first 20 years of our healthcare reform bill, we will reduce the debt by $1.5 trillion. and that is -- that is probably much more than it was, because we dent get credit for a lot of the wellness programs and preventive care things that we did, so it's wonderful. we extend the life of medicare in that bill for 10 years. we've closed the doe nult hole. -- we've closed the doughnut hole. 25,000 small businesses in nevada will be able to have health insurance. we're going to ensure 600,000 nevadans. we have done things like saying , they can't deny my child insurance because of preexisting disability. that's the law of the land now. >> you see, health reform is important because it saves lives. it saves money. and it saved medicare. but there's one other thing. there's one ot

the prime minister is very host: if that is true, what does it mean for president obama: ford?ler: it puts the united states in an awkward position. he came into office hoping to restore and reestablished and build on relations with turkey and it had a variety of assets that could be used in the pursuit of u.s. interests in the middle east. it has not quite worked out that way. my sense is that we need to understand that the turks are not going to cooperate with us on a number of issues. we have to work around them or work against them. but they have done this already. they struck a deal with the iranians in resilience to transport uranium to turkey. this was an agreement that the united states rejected. they said they will lobby members of the u.s. security council around the sanctions, something that the obama administration and say certain things about. host: he will join us until 8:30. if you want to ask him questions, you can call us on three different lines. here are the numbers below. if you want to reach us via twitter, you can do that. you can also send us an e-mail. h

. ♪ >> gerald ford was and the white house when jerry brown last began his tenure as california governorerving from 1975 until 1983. >> we have a lot of people. when i win this campaign, not police, not scapegoating anybody. we are not scapegoating anybody. and we are pulling together, everybody, whatever color. we are pulling the state back together again. thank you. [applause] >> a last minute comment from former california governor and attorney general and former mayor of oakland, california. he served as california's governor from 1975 until 1983. he ran for president in 1976, 1980 and 1992. he is also the former democratic california chair and talk-show host. we are a meeting -- awaiting meg whitman who spend up to $80 million of her own money to win the nomination for california governor. we will listen and four former e.b. chair and republican nominee for governor, meg whitman. [applause] >> thank you. thank you. thank you. thank you. what a great night. [applause] >> this a victory is your victory. [applause] >> i just received a very gracious phone call from steve conceding the

we had people from companies as large as general electric and ford to very small start-ups. without an exception, every one of those businesspeople said that we would be in such worse shape were it not for the american recovery and reinvestment act. you can't imagine. all of the progress or much of the progress they had made in sustaining or growing their businesses has become attributable to support from the american recovery and reinvestment act and the government has to continue to play a role. and one reason they said, it was very interesting, in the global economy we are not necessarily competing in a free market atmosphere. we are competing with a lot of state supported industry. so, for instance, when general electric, which is bringing back 400 jobs from china to my district, to build a energy efficient hybrid water heater, they did it because support through the recovery act enabled them to make that difference that they were trying to balance the economics because of a state supported system in china. the support they got through the reinvestment act made up that d

iran-sanctions act, because libya comply with the concerns we had at the time, and as a result of stepping ford and disarming themselves of nuclear weapons, we were able to drop libya from the title of the bill. as i just heard senator bennett say, and colleagues were joined -- this is no great joy in the crafting this bill. we're doing so out of defense of our nation, and the threat being posed by the government of iran, but would help it would understand the seriousness of this endeavor. the club of neighbor of efforts in the national income and helps the would see the light as libya did in leadership -- in hopes, and that it would take the proper steps removed the threat they are currently opposing. despite a clear mandate, they have failed to comply with the legislation adopted from 1996. despite billions of dollars in oil and gas investments, they have avoided complying with the loss for 1996. that has been the subject of considerable discourse within the banking committee over the last number of years. first, when the iran sections act mandates the president shall "impose two of the menu

secondly, can the world of ford -- can the world afford another void in afghanistan, especially now thatings have changed? the world is not the same as the world of 2001 or 2000. this world is much different. the extremists are more bold. look at the suicide attempt -- suicide bombers compared with 2001. compare the economic competition of the world. everything has changed. can the world and the united states afford to leave afghanistan? i think the american people have economic problems in this country, hardship. i totally understand it. the taxpayers generosity is not just to help a country like afghanistan. your lifestyle is at stake if the world becomes a more unsafe worldcom in my opinion. -- unsafe world, in my opinion. look at how much you trouble today compared to -- travel today compared to years ago. you can use your own imagination and extend this and project it. if the world becomes for the destabilize, do you think this -- becomes further destabilized, to think this lifestyle this sustainable? >> could you comment on two items, education and health, and what international gr

we visited four ford operating bases. our fact-finding visit confirmed what our research and our hearings have already documented -- there are already weaknesses and america's use of pscs, especially with respect to effective internal controls to in full -- to ensure full and proper vetting of security contractors. the problems may get bigger and more costly with the challenges in the months ahead. we saw significant problems at three of the four fobs that we visited. at one fob, we found 17 iraqis and more than 53rd country nationals -- 17 iraqis, 53rd, nationals -- third country nationals -- had been on guard duty protecting a u.s. military base for about two weeks without proper vetting. and another, a contractor ceo intervened personally to try to get third country nationals posted to guard duty before they were properly authorized. fortunately military officers were on the job in turn him down. and i will have some comments about that in a moment. these lapses and others like them could turn into very bad situations

there are some that are specific to an individual company like ford motor, and then there are some thate much broader, that cover an industry for example, or a mix of cds. these are important and valuable instruments because they can help you hedge against various kinds of risks. >> they would not have to be on exchanges the way the bill is written. >> the cds is an instrument that grew very quickly and it did not have a whole infrastructure that grew up quickly with it. this was one place that the federal reserve was ahead of the crisis because the new york fed, and in particular, timothy geithner as the treasury secretary had a big role in this. the fed was involved before the crisis trying to get better organization and control of these cds because at the time it was pretty chaotic. there was an effort to get it better documented, more transparent, etc. and i am assuming the fed is continuing to work on this process. the issue of exchanges, exchanges are good. they allow for price discovery, setting up margins and provided capital so that you do not have to worry about your counterpa

robert ford and vincent sha heen participate in a debate hosted by news 13.ive coverage on c-span, c-span radio and c-span.org. it begins at 7:00 eastern. today, president obama said bp could face criminal charges over the gulf of mexico oil spill. he also named an inquiry commission. his remarks are next. then we hear from eric holder who is in the gulf region. later come remarks from admiral thad allen, who heads up the federal goveenment's response to the oil spill. >> suspend, our public affairs content is available on television, radio, and on line. you can also connect with us on took care, facebook, and youtube. sign up for a scheduler e-mails @ c-span.org. >> president obama introduced the co-chairman of an independent commission that will investigate the bp gulf of mexico oil spill. bob gramm is a former democratic senator from florida. william reilly and led the epa from 1989 to 1982 -- 1992. this is almost 10 minutes. >> good morning. >> good morning. i just met