governor herbert, welcome to you too. gentlemen, very quickly, you have had firsthand experience in implementing the state level reform lobby and you support the federal law that would work well, is that right? >> of their barbour i gather you have a different view, you support to over 30 is that correct? >> that's correct, mr. chairman. >> i gather that you have also supported the affordable care act is that right? >> we joined the lawsuit in florida. >> now i want to see where we are. we have a great challenge and testing of the national will and keep a -- capability. governor barbour, you are aware of the health care insurers can no longer discriminate against 180,000 children with pre-existing health conditions and also that as a result of the affordable care act 53,000 businesses in your state and other states would be eligible or 300 of the million dollars in new health care tax credits. governor commodore also aware that 1.5 million residents of your feinstein are benefiting from consumer protection and the afforda

governor herbert? >> absolutely. >> and a patrick? >> in the bill i referred to earlier which is the next phase of health care reform we have concluded the tort reform, yes. >> my first year as a finer we passed the most comprehensive reform. it doesn't just cut the cost, it proves the quality care because we have doctors leaving to get away from the lawsuit abuse and so it is more than the cost. >> my next question on the federal law, we give the federal qualified health clinics, we give them protection. if we are providing health care medicaid dollars, federal dollars, if we provide federal -- i mean, federal tort claims act for practitioners who are receiving federal dollars with the help drive down the cost? >> i don't know how to answer that. >> under our tort reform claims at the university hospital and all they have caps under the law. >> thank you very much. i yield back my time to speak in the chair will recognize the gentleman from new jersey, mr. mr. pallone. -- before mr. sherman. i want to go back to governor patrick beca

>> yes, sir. >> governor herbert? >> absolutely.i think that would just make sense. >> governor patrick? >> we think we do it already. >> you think you do it already. well, i'd like to see your program. if you do, you're the only state in the nation who does. i appreciate that. there's been quite a bit of talk in the last congress of states beginning to opt out of medicaid because it just gets too expensive. what would the titching point -- tipping point be if if we don't change the current health care law? where would states begin to seriously think about opting out? at what point of their budget, in texas, for example, 25% of the state's budget is for medicaid. in some states it's higher than that, other states it's lower. do the governors have a task force on this issue, and if so, what discussion has been about where states need to seriously think about opting out? starting with governor barbour and going down the line. >> i do notice i'm on governor patrick's list, but i think -- >> at least you can joke about it. that's a good

governor herbert, you referenced the need to expedite the supreme court review of the constitutional challenge to this law that was passed just less than a year ago. non-roger vincent -- judgments and issued his position a few weeks ago, he said injunctive relief was not necessary, that is declaratory judgment was all that was required because officers of the federal government would comply with the wishes of the core. now was he not correct in that statement? >> well, you may not be. he may not be. that still yet to be determined. i know some states are taking a position that he is in fact accurate in injecting relief. others say it's not. for me is the state was speaking to utah is like with sitting on shifting sands. we don't really know. >> because under normal circumstances they would be likely june of 2012 before the supreme court ruling would occur. if i'm to understand things correctly, officers of the federal government are not complying with the spirit of love in that implementation of the lot is still proceeding at a fairly rapid rate so this thing will be down the road an

next much stacy herbert look at how the rising price of silver can spell disaster one of wall street's biggest banks. max ties are and this is the kaiser report once again coming to you from cairo egypt the global insurrection against banker occupation continues multifaceted conflict between oligarchs and bankers versus the people in cities from cairo to ohio and of course over a skyrocketing because that's the currency of the revolution as prices go higher j.p. morgan stock goes lower and then tire franchise is threatened with extinction as the price of silver crushes the silver shorts because of you buying silver out there in the millions and millions of ounces one ounce at a time let's bring in stacy herbert stacey stacey stacey another thing driving silver higher of course max is the day of rage happening in saudi arabia continuing revolution in egypt we were here for tyra's square we went through there and just so you can see from these images that it was a very friendly festive atmosphere very safe we were only one of the two westerners in the square well if again the narrative i

max or any that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guest and harrison of credit write downs dot com if you want to send me an email please do so at kaiser reporting r t t v dot ru until next time this is max kaiser saying buy out.

my question is for governor herbert and patrick, very quickly. the state exchange issue i think is an interesting issue. and how states when you do it yourselves can be a lot more innovative. particularly i want to ask governor herbert, you would think that's the traditional pronouncuation -- [laughter] >> because nebraska and utah are similar in population. and demographics. would it be beneficial in a state exchange to have the opportunity to combine with other states and form a regional and let you go first and then governor patrick. >> yes. i think it would be. i think he'll increase purchasing power and the ability to have more competition and the consumer will have more options and better options for their own unique needs. again, without beating a dead horse here, it's not a matter is my approach better than governor patrick's approach. again, mitt romney is a friend of mine. in fact, we looked at the massachusetts nod the -- massachusetts model when we started out. it didn't work for utah. it one in the best interest. there's probably pro

next mets kaiser and stacy herbert take their side swipe at washington's economic blame game as well as wondering what to do with colonel gadhafi is billions and china's gold. geyser this is the kaiser report coming to you from cairo egypt behind me the october sixth bridge this is where millions of revolutionaries stormed and took over a country millions storming the brooklyn bridge to take out the dictatorship of the new york federal reserve bank or how about the dictatorship of the federal reserve bank in washington this is ground zero for the twenty first century revolutionary movement a global insurrection against banker occupation stacy herbert hello hello how do you like iran so far writes this fantastic it's very warm there are great deals because there's not a single other tourist in our. testing and but the people are free and you definitely feel that they're free unlike many of us in europe or america where we have failed to oust the dictators that have destroyed our economies just as mubarak the story of this economy it's amazing the people here they they see criticisms o

what is that well i'm calling it stacy herbert sunshine in a can it's a little bit of a plutonium mix of uranium because according to this first headline max a glowing report on radiation he has apparently radiation is good for you. so this is ann coulter and she wrote on her blog that regarding japan the good news is that anyone exposed to excess radiation from the nuclear power plants is now probably much less likely to get cancer we did recently discuss agatha logic capitalism and this is a prime example of it either using fake science or mis misleading using science because there is research into the effects of radiation that can be positive in very very very very very very low dosage is not a nuclear meltdown right arsenic in very low doses just just. mild beneficial health benefits as i recall but of course you would want to swallow a gallon of course in a cult or i mean this is how the misinformation on michael and a logical capitalism agne to logic and. noto logic capitalism exactly. the same kind of misinformation gets people to think that radiation is good for you made globa

silver out there in the millions and millions of ounces one ounce at a time let's bring in stacy herbert stacey stacey stacey another thing thriving silver higher of course max is the day of rage happening in saudi arabia the continuing revolution in egypt we were here for tahrir square we went through there and just so you can see from these images that it was a very friendly festive atmosphere felt very safe we were only one of the two westerners in the square well it again the narrative is completely busted what we're told through western media principly murdoch and fox news is that there is an anti american sentiment here which there absolutely is not there's a desire to be free from the yoke of tyranny and that's the same whether it's in wisconsin or cairo you've got corrupt bankers who are destroying the global economy and people want to get out well you mentioned tyranny and you know the financial system is we're linking all these revolutions across the arab world revolutions or in wisconsin to the banking system i went to take a look at this interview from bloomberg television th

i appreciate governor herbert's pettis fusion and want to extend a warm welcome to our committee and look forward to his testimony. i yield back. >> it's my pleasure to welcome governor deval patrick from the great state here to washington. in 2006, massachusetts trailblazed the path for health care reform we see here on capitol hill just a few years later. our outstanding governor has been the driving force behind successful implementation of the massachusetts law. in november 2010, he was overwhelmingly elected to a second term. under his watch his astounding 90% of massachusetts residents and 99.8% of our children now have good dependable health insurance of no other state comes close. governor patrick proposed legislation to lower health care costs about cutting into our residents' quality health care access to services the legislation focuses on quality health care services over quantity encouraging providers to better coordinate care for their patience. this means lower cost and healthier patients. experience a massachusetts shows that far from being one-size-fits-all, healthca

s predecessor herbert hubert hoover america's little play nero who let the great depression blanket our economy thanks to poor decisions and in action. and the stakes couldn't be higher after hoover blew up the economy republicans were banished to the political wilderness for almost a half century and today if president obama doesn't start making the right decisions and fight these insane policies that republicans are pushing then he will be responsible for destroying the democratic party for decades mr president work on you we need to fight for us because the republicans sure as hell a lot and that's it for the big picture tonight don't forget democracy begins when you get out there and do that to tag your it will see more. wealthy british style. market. mind on what's really happening to the global economy was much stronger for a no holds barred look at the global financial headlines two kinds of reports.

to herbert's things your own largest a server well max kaiser i'm going to set the scene for a slinky episode household wealth down twenty three percent in two years so according to the fed the average american families household net worth declined by twenty three percent between two thousand and seven and two thousand and nine the median net worth of households fell from one hundred twenty five thousand in two thousand and seven to ninety six thousand and two thousand and nine and the families of stock portfolios were hit especially hard their wealth was down by thirty percent yeah you know they got shellacked as a bonus during the stock market crash and because people in america don't work anymore they speculated stock market and they lose their independence as workers and they become dependent on the casino gamblers so then they lost a bunch of money and they got a free breakfast so let's go on to the next headline now so we see that the average american lost twenty three percent of their net wealth. forbes wealthiest list reflects changes in global economy and the wealth of the wo

herbert functional macand it's a little bit of a plutonium mix of uranium and coulter and she wrote on her blog that regarding japan the good news is that any want exposed to excess radiation from the nuclear power plants is now probably much less likely to get cancer arsenic and very loved else just. mild beneficial health benefits as i recall but of course you would want us all a gallon of it she's got. the same kind of misinformation gets people to think that radiation is good for you made global warming is good for smoking cigarettes is good it's a manufactured manufactured ignorance. of a number of immigrants trying to reach europe has dramatically increased since the uprisings in north africa pounds of people have rushed to the states we haven't sent them seventy cents and government protests continue so sometimes when the school reports the grass isn't necessarily greener cross the mediterranean. under-used in egypt. and the fall out civil war in libya is northern africa a city for or with the rest of the region if you keep us in your home countries many end up in greece where t

gadhafi stacy herbert welcome back to the kaiser report.

trillions more bonds and pocket themselves billions more fees let's get some more details from stacy herbert max the first headline we see the true heart of disaster capitalist larry kudlow the values human life with the japan earthquake slick the human toll here it looks to be much worse than the economic toll and we can be grateful for that and the human toll is a tragedy we know that but these markets are so all these markets right stocks commodities oil gold there is no major breakout or breakdown is the traders telling us what is very much a part of this is because oil is moving lower they feel as though this is good news for the u.s. larry kudlow and sandy say are genocidal maniacs they would love to put people in them burn them for a profit if they had a chance they would take us much public larry kudlow. these are. despicable vile something gross part of your show larry kudlow did apologize via tweet saying i misspoke let's look at the true heart of our global financial and economic system and all the remaining headlines here saudi troops arrived in bahrain to suppress protests the s

dominating good media around the world where later on our national gurus nascar's arresting some herbert gauge american reaction . here in beirut lebanon watching global media and watching c.n.n. b.b.c. it's amazing because they look at the price of gas and then on one chart and then they have the dead people racking up in various regions in another chart and they're trying to figure out how many dead people it takes to keep the price of gas down a penny and this is how they see the world it's all about dead people versus the price of gas how many dead people per penny and of course if they needed kill more people to keep the price of gas down another penny then they're all for it so they have these you know cheerleaders on c. and b. c. these overly qualified only make one in kind of bouncing around saying yeah they kill people as long as gas prices are down another penny and people think this is the cage fight of america is that they've created a global cage fight to keep it but going forward stacey the fact is that price of gas is going to continue to go higher for a lot of different r

twenty first century revolutionary movement a global insurrection against banker occupation stacy herbert hello hello how do you like cairo so far well max this fantastic it's very warm there are great deals because there's not a single the tourist in our hotel that's right a stress test and but the people are free and you definitely feel that they're free on like many of us in europe or america where we have failed to oust the dictators that have destroyed our economies just as mubarak the story of this economy it's amazing the people here they they say criticisms of the government and then the you see them for a moment thinking whether they can i say that and then the light goes off yes of course i can say that i'm free it's the opposite now in the united states where people will say something overly critical of the u.s. then they think themselves can see their mind thinking wait a minute am i allowed to say that so here's the two ships passing in the night one is becoming democratic and free cairo egypt was becoming ruled by a dictatorship of banks america well you know a lot of these

all attacking the corrupt bankers we're going to get into the headlines i want to introduce stacy herbert stacey. yeah i have a headline for you and you're going to give us some comments on it yeah nine eleven crybabies needed to kick in for two dollars a day i ask you to comment on this because it is your headline yeah i wrote that on my site i told one of these nine eleven crybabies you know since nine eleven there's been an effort to make sure this never another nine eleven but of course this is the worst thing that could possibly happen to the american economy because if you're competitive if you're trying to expand your global franchise you've got to take risks and you've got to take the risk of being hit with a make a gentle nine eleven every ten or fifteen years there should be a nine eleven there show that america's got a pulse that it's out there actually expanding its business franchises around the world the fact that there hasn't been shows up in the statistics in terms of loss of competitiveness high unemployment and the control by kleptocrats so the u.s. the americans if you

herbert fun china can it's a little bit of a plutonium mix with your rhenium ann coulter and she wrote on her blog that regarding japan the good news is that anyone exposed to excess radiation from a nuclear power plant is now probably much less likely to get cancer arsenic in very low doses of. mild beneficial health benefits as i recall but of course you would want us all a gallon of it she's got. this kind of misinformation gets people to think that radiation is good for you manmade global warming is good for smoking cigarettes is good it's a manufactured manufactured ignorance. number of immigrants trying to reach europe. pricing scheme north africa have already fled the violence and since until the protests continue it's on t.v. this group ports across isn't necessarily cross the mediterranean. under arrest in egypt i am moving. into full out civil war in libya is northern africa a sort of par with unrest people flee the region you can see this case in their home countries and then he ends up in greece where their lives hardly get any simpler one of two hundred fifty migrants livi

all right let's bring in stacy herbert max kaiser there's a war on and in that case you can never have arms as a t.v. presenter try to close over cars or torch your turquoise solar cars or here's a little video i want you to see get in the mood for this broadcast here it's a libyan t.v. presenter oh yeah let's play a juror has. any time away as he sees us ranting about protecting the homeland and all this guy he's going to. go to. over closer but of course is being presented as a man who's being pretty crazy but is it any crazier then the country doing the bombing because the headline reads us spending on military operations in libya drains pentagon the us military operations in libya will cost hundreds of millions of dollars and forced congress to seek help next week for the cash strapped pentagon which is operating on short term funding resolution so remember the financial crisis where the base operating on short term funding as well and that's what led to the whole collapse of the banking system are we about to witness the collapse of the whole military industrial complex i mean loo

gadhafi herbert welcome back to the kaiser report well max first let's play a little clip from this viral hit remakes of moammar gadhafi he's brilliant speech to the nation there we go. that's a fantastic thing the globe the population the youth the arab youth the thing they love so much about gadhafi speech is that they for forty years i've known he's a totally bonkers insane dude but the west is prancing around the world stage at various i.m.f. and those sort of meeting the west gave him legitimacy so they love how embarrassing his speech was because it was mostly embarrassing for the likes of tony blair and george bush is no longer in office but obama you know i mean where is tony blair is he in kind of square in london things think as well as why sure a i mean is he as insane as i they all insane as bush in saying is dick cheney as in saying they birds of a feather flock together i was i would imagine these guys are all logically and same. just to get off he seems to have a more extravagant wardrobe there is also a downside has emerged from libya which is the benghazi down oh the beng

[applause] >> we'd like to welcome chris herbert. christopher herbert joined the center as the research director in august, 2010. prior to that he was a senior associate in housing the community development practice. he brings more than two decades of experience conducting research related to housing policy, housing markets, housing finance and urban development read in the recent years, herbert's work has focused on efforts to promote and maintain homeownership for low-income and minority families. his work in this area has included relations of the federal and state homeownership programs, vetoed literature reviews and analysis of the disparities in the mortgage lending and residential for closure by the income analysis and by race and ethnicity. among his most recent research reports and his reports to congress on the root of causes of the foreclosure crisis. the homeowner should experience of the low-income and minority families the review and synthesis of literature. part of the joining of these as it's in the 1987, 1997 dr. her