today, geologist frank winde joins her. he is going to measure radioactivity with a geiger counter.evels of radioactivity around david ncale's home have risen, increasing his risk of cancer. >> the problem is that people live here permanently and so are exposed over a long period. but besides being exposed to radiation, there are others dangers. >> risks come from breathing in pollutants or ingesting them after they have polluted the ground. this is a major health threat -- one that mariette liefferink has been warning of for years. she is calling for someone to take responsibility. >> for 120 years of gold mining, we do feel that the mines should put something back into the communities. as you can see, they're busy. to remediate the land, and to put something back into communities. >> but that's easier said than done. many of the area's mining firms have moved away. mine owners want nothing to do with their predecessors' pollution. >> it is something that happened due to the previous mining activities. at this point in time, this companies that mine at the time are nowhere to be fo

of course, many of those hedge funds may wind up becoming banks under dodd frank and that will come as a huge shock to everyone, but the difficulty really is in figuring out what your true objectives are and then trying to come one a narrow approach that meets your objectives but doesn't create also sorts of problems. the biggest problem i think we had in 2007 and 2008 that exacerbated the meltdown was a lack of liquidity. and what the government has now done in its wisdom is to declare we don't want banks in proprietary trading to add liquidity to our markets. there has to be a better approach to this and i believe that you can instill safety and soundness on the banking operations, wall off the riskier operations and avoid having a systemic meltdown the way we have, but allow banks to be in a variety of businesses. i just think that we have now is people are assuming it will pass, they have divested themselves of talent and so we are in a very difficult environment where banks are told first you must do it this way. then they're told well, no, maybe you'll get a reprieve and people d

if you believe that don frank gives us the power to wind down jp mor morgan or city bank. you must believe we have the power to wind them down. if you believe we don't we don't. >> with that, i want to thank the audience. we have copies here and online as well. thanks for coming. [applause] [inaudible conversations] the senate recess this week we're showing you book tv and prime time starting at kl p.m. eastern. a look at the u.s. and world economies. first, have discussion the economic divide in america in their book, "the rich and the rest of us." at 9:20 they share their opinion on the current administration in the book "debacle" after that, 10 they look at the world economy. book tv all this week in prime time here on c-span2. spend the weekend at watch that, kansas with book tv and mesh history tv. saturday at noon eastern literary life with book tv on c-span2 robert on american presidents an black entrepreneurs from business in black and white. dennis on the founding of beach craft and the barn stormer and the lady. also brown the rare book collection at water mark w

frank points out maybe some more 90s. good news, a warm up and temperatures in the valley are warm. the windsright now are going like this. that's why it's not that warm. that's how it was this weekend. what's going to happen over the next few hours, the winds are going to start coming this way. it'll pull that heat from the central valley and into the inland bay valleys and that will warm temperatures up. the temperatures did warm. as we go into the next 48 hours you will notice a significant warm up and the warmest day right now looks like it'll probably end up being thursday. but friday could be light there as well. the forecast for tonight, patchy coastal fog. there's not a lot of it but there's a little bit. it'll be back tomorrow morning. it was everywhere today. you get plenty of sunshine. warmer period as we go through tomorrow. the computer model lays the fog right along the coast. this fog footprint has been very similar to the fog footprint that we've been seeing really the last three or four days. shooting across san bruno, over hayward, out toward the livermore area and it's bein

frank did. the requirement in some form or another the statutory requirement that banks. regulators approve plans for the orderly wind down of the institutions without the taxpayer funds. second is bankruptcy reform. i think for some reason over the years may be political, may be otherwise policy makers could become timid, shy of using the bankruptcy code to resolve a fairly large financial institutions. the record shows it isn't feasible but i think there are some improvements that can be made the would make it workable for the financial institutions and give regulators and policy makers more confidence about putting a large firms through that. i think there are regulatory impediments to resilience in the financial markets. i think there are impediments to the steps that the firms could take to make themselves less vulnerable to the liquidity runs. .. >> i think they're still some end of the don't have a place. our commitment will be more to the market function, the more credible. >> you didn't mention two things. one, derivatives, and their link to what has been described as the shadow banking system, or shadow fin

if you believe that dodd-frank gives us the power to wind down jpmorgan or citigroup, if you believe we could wind it down, then we will. we have papers online. i know that he'll hang around to answer any questions. thank you. >> thanks for coming. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> here on c-span, we'll take you live next to the national press club in washington for comments by girl scouts c.e.o. anna maria chavez. they will be delivering remarks noting the 100th anniversary of the girl scouts organization. she's being introduced by president of the press club, theresa werner, here on c-span. >> please to note that 2/3 of the female members of congress have been girl scouts and all three female secretaries of state, condoleezza rice, madeleine albright, as well as sand ray day o'connor, venus williams, lucille ball and the list goes on, including feature leaders, elly biel from troop 1327 from virginia, becky toundsened and troop 0006 from oakton, virginia. yesterday the president honored low

frank. >> thanks for having me. >> i sort of feel like we walked down a very winding path down there, but i appreciate it. >> no problem>> the news media, that includes us here, is being challenged to a test. not like a celebrity "jeopardy!" kind of thing, but an actual test. our number 2 pencils are at the ready. i hate tests. that's ahead. >>> it is extremely unlikely that you know the name of miss teen south carolina 2007. i don't. you don't. you are forgiven for not knowing. but even without knowing her name, it is still likely that you remember her forever for this one piece of video. >> some people out there in our nation don't have maps and, i believe that our education, like, such as in south africa and the iraq, everywhere, like, such as. >> yeah, locked in the memory banks. the person who got a little lost during a beauty pageant, such as the iraq, the maps, that whole thing, you may not remember her name, but she forever is the person who said that thing, that time. it's like the solitary confinement cell of public awareness. somebody says something publicly which is never, ever forgotten, and for which that

frank. >> thanks for having me. >> i sort of feel like we walked down a very winding path down there, but i appreciate it. >> no problem it. >>> the news media, that includes us here, is being challenged to a test. not like a celebrity "jeopardy!" kind of thing, but an actual test. our number 2 pencils are at the ready. i hate tests. that's ahead. g the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] some aerosols may just mix with them. can febreze remove it. [ moderator ] describe the smell. it's very pleasant. some kind of flower maybe? awww, oh yuck! [ male announcer ] febreze air effects doesn't mix, it actually removes odors. so you can breathe happy. [ cellphone rings ] tuscaloosa? schenectady. des moines. ok. ok. ok. i can't always be there to weed my petunias. so now we use miracle-gro shake 'n feed plus weed preventer. it feeds plants and prevents weeds for up to three months. so my plants grow bigger, more beautiful, without all the w

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winds dropping to 45, even 40 miles per hour by thursday at 2:00 a.m. randi. >> reynolds, thank you very much. we're getting a look into ann frank's life. what it was like, right? we've never seen this before. we'll talk to her cousin who found a treasure-trove of letters and postcards in an old attic. we charge everything else... maybe it's time to recharge the human battery. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture all night long. the revolutionary recharge sleep system from beautyrest... it's you, fully charged. of single mile credit cards. battle speech right? may i? [ horse neighs ] for too long, people have settled for single miles. with the capital one venture card, you'll earn double miles on every purchase, every day! [ visigoths cheer ] hawaii, here we come. [ alec ] so sign up today for a venture card at capitalone.com. and start earning double. [ all ] double miles! [ brays ] what's in your wallet? can you play games on that? not on the runway. no. but when i was diagnosed with prostate cancer... i need

many of those may wind up becoming banks under dodd-frank.that will come as a shock to everyone but the difficulty is figuring out what your true objectives are and trying to come up with a narrow approach that meet your objectives but does not create problems. the biggest problem we had in 2007 that exacerbated the meltdown was a lack of liquidity. what the government has done is to declare, we do not want banks to add liquidity to our markets. there has to be a better approach to this and i believe you can instill safety and soundness on the banking operations and avoid having a systemic meltdown the way we had a but allow banks to be in a variety of businesses. i think what we have now is people are assuming it will pass. they have divested themselves of talent. we are in a difficult environment where banks are told you must do it this way and then there told maybe you'll get a reprieve. people of did not understand when the government does that, it costs businesses a huge amount of money and it contracts and jobs. >> i know you have menti

process coming from the house side right now, title ii of dodd-frank which is the liquidation authority allows the fdic and others to windown a megabank without that causing disruption. republicans want to take that out. so that's a pretty broad agenda, and there's long-term stuff in there, too, stuff i don't think is a particularly good idea. >> i want to get back, rich, to talking about the bipartisan nature of asking for more structure, and i don't think anybody disagrees with that. it would be nice if we had better roads and bridges and schools and so forth -- >> not just better, necessary. >> well, but we don't have the money. we don't have the money for it. so what's the solution for that? where do we get the money? >> first of all, let me discuss agree with -- disagree with the fact that we don't have the pun money. corporate america has made two years of record profits, they paid the lowest share of taxes in gdp that we had. the money is there, it's allocating the money and setting priorities. we're still the richest nation on the face of the earth at our most rich point in time. everybody else has figured out ho

frank somerville. >> today marks the first day of the official fire season in california. firefighters will be on alert around the clock because of high fire danger. a live look here where gusty winds and dry brush could make for a dangerous combination. ktvu's janine de la vega is live with more. >> reporter: as you can see i am next to a field with lots of tall, dry grass and weeds. firefighters know this is potential fuel, especially after the dry winter we had. >> reporter: fire season officialsy started. today dozens of firefighters moved in for the summer. firefighters started their day inspecting equipment. cal fire says we had a dry winter and it will lead to dry vegetation. >> as we continue having dry days, only going

the west-southwest wind is there were the golden gate gate out to the win -- golden gate. san jose, 58. it's been sunny there. frankate and said what a beautiful day for my 30th birthday. oh, frank, we know you did that for you. our low will spin out, weak high pressure moves in. morning -- morning fog. a little breezy. it will be 60s. i did go with a -- just a smattering of some 80s. not much chick on wednesday. cooldown on thursday. rebound on friday. the weekend looking sunny and mild and a little bit mild but not a lot. >>> a deadly drive-by shooting in the east bay, the clues that could lead to a break in the case. >> reporter: alameda sheriff's investigators are still at the scene. what we've learned about the family who lives in the home where it happened and how investigators discovered the victim. >>> and procyclists continue to cruise through the bay area today. stage three of the amgen tour of california. the strenuous climb these riders will face today -- will climb today when "mornings on 2" continues. ity streampix. stream your favorite movies and full seasons of shows instantly on any screen. find ou

process coming from the house side right now, title two of dodd-frank which is the of liquidation authority allows the fdic and others to wind down a mega bank without that causing global destruction. the house republicans want to take it up. so that's a pretty broad agenda, and the longer-term stuff is in there, too, stuff i don't think is a particularly good idea. >> i want to get back to rich, and then talking about the bipartisan nature of asking for more infrastructure. i don't think anybody disagrees better roads -- >> not just better on the fact we don't have the money. corporate america has made two years of record profits, the fatalist share of taxes in gdp that we've had the money is there. it's allocated the money and setting priorities. we are still the richest nation on the face of the earth and the most rich point in time. everybody else has figured out how to do it. i don't believe that we are the idiots of the world and we can't figure out how to do it, too if we sit down and decided to put the country first. >> ben has the right answer, higher corporate taxes? >> lower corporate taxes. we now have the highes

wind down a giant bank, without the taxpayers footing the bill. >> all of these rules need to be finished by july. one question, wolf, is whether this jpmorgan disaster would be allowed under dodd-frankades to hedge their entire portfolio, not just one trade, but they can say, hey from, 30,000 feet, this is an okay thing to do and it would be legal, wolf. >> this debate is only beginning now afresh in washington. l now that a jpmorgan ceo is out, a lot of pressure, jamey dimonn right now. >> some of these very powerful advisors to big institutional investors. so the same investigators -- a few of these guys have said jamie dimon should not be the chairman and ceo of his company, he is both at this time. but it seems likely if that were to happen, he would lose the ceo job. he's come out strong and said i didn't know about it, i'm livid, this isn't the way we operate. so in that position, he remains very solid right now. >> in the scheme of things, how big of a blunder is this? >> it's big, wolf, it's an interesting way to put it because it shouldn't have happened and it shows that these banks, the fact of someone like jamie dimon. just to give you a sense of how big -- jpmorgan chase