. >> this is the 50th year of guidon versus wanwright. we have not seen that enacted.he resource that has not been tapped, those facing charges and their families and love ones. public defender offices are strapped. case loads are out of hand. they don't have enough resources. families can be exptensions of legal defense teams, to allow the right of council to be realized, not just something that is aspirational. >> critics say you do great work, but you don't differentiate between gang members and people who have gotten caught up in a first time nonviolent drug offense. what do you say to that. >> we're espousing a very basic mesh principle, everyone has the right to defense and everyone has the right to council, despite what's in your bank account. that is not highly politicized. it's fundamental to the judicial system. we're just trying to make sure the system is operating. >> those who say you're naive in that you don't -- maybe you see those two kinds of crimes, say, a very violent crime versus one that's nonviolent, how do you decide which causes to champion? >>

our forward guidons reflect committee participants latest projections for the federal funds rate.ed unemployment rate for the fourth quarter encompasses 6.5%. 15 of 17 fomc participants do not expect a rate increase before 2015. most targets for the federal funds rate rising only modestly in 2015 while three did not increase until 2016. for all participants the projection for the federal funds rate is 75 basis points at the end of 2015 and 1.75% at the end of 2016. in summary reflecting cumulative progress at an improved outlook for the job market the committee decided today to modestly reduce the pace at which it is adding to long-term securities on its balance sheet. if incoming information supports expectations of further progress toward these objectives the committee is likely to reduce the pace of monthly purchases and further measured steps in future meetings. the process will be deliberate, asset purchases are not on a preset course. the fomc provided additional guidance on future short-term interest rates stating it expects to maintain federal funds target at current near