that was steny hoyer, the house minority whip discussing his outlook on the trade bill.'s talk about netflix, whose stock is at yet another record high following a bullish call from pivotal research. analysts there say to look past traditional valuation metrics. subscriber growth is the key. let's bring in paul sweeney, who writes about metrics for bloomberg intelligence. what i found that was interesting about this note was that netflix was a takeout candidate for large internet partners. pivotal sites like amazon, google, or alibaba. is reed hastings putting netflix up for sale? >> i don't think he is. what this story really has been is a momentum stock. not revenue momentum -- not revenue momentum or earnings momentum, but a subscriber revenue story. as long as they can keep adding them at a faster rate, the stock appeared to be pretty comfortable. scarlet: it is all about subscriber growth in asia, not the u.s., where it seems to have plateaued, but what that does in europe, china, and malaysia. >> they they have -- have done a good job in terms of the global rollout

leader, steny hoyer, the one man in this sanctuary today that knows the full weight and measure of theesponsibilities of the job this prince of peace executed so beautifully for so many years. dear steny, thank you for your presence today. how very honored he would be how much he'd love this congregation today. this is a delegation of community builders. mr. wright loved sam rayburn dearly and he often quoted him. of course many people wondered why mr. rayburn went back to bottom, texas, after announcing he was going to leave the house . his answer was simple. bottom, texas, the people there know when you're sick and they care when you die. you have validated jim wright's recitation of that quote, all of you today, by honoring him in coming here. you knew he was ill and you care that he died. oh, how he would celebrate you. oh, how he must be enjoying this. he loved people of accomplishment. he loved people who contributed and built. mr. rayburn, you see, a jack ass can kick a barn down, it takes a carpenter to build one. it's no accident that our lord was fathered by a carpenter and p

add steny hoyer to the long list of liberals pushing for more urban aid as if money were the answer. in the case of baltimore, it is not. on a per student basis. federal aid to baltimore schools is second only to new york city schools. and the last time i checked neither is lighting test score fires. here with us phil gramm saying more money is not the answer, it creates bigger problems. we're going to go along with senator gramm i don't care if you are on the left or the right. here is a guy decades ahead of this problem and who's gram rudman rudman insurances to keep feet to the fire and control spending was the stuff of brilliance. we veered way off this course. republicans have democrats have, and he's back here to say i told you so! he's not doing that. senator honored to have you. >> thank you neil. neil: here we be senator. i could have timed this you know, with a stopwatch, that as soon as problems developed in baltimore people would come out and say it's money, we're not spending enough money. what do you think of that? >> the old story, crisis is a terrible thing to waste.

hoyer: thank you, mr. speaker. let me thank mr. defazio for yielding and for the work that he does on this committee. let me also say to the chairman of the committee mr. shuster, how pleased i am at the kind of work that he does on the committee. very frankly mr. shuster is committed to getting things done and working in a bipartisan fashion and that's good for this house and it's good for his state and it's good for the country. i thank him for his leadership. i rise in support of this 60-day extension because it's essential that we do this. the consequences of not doing it would be very, very negative. but i also rise to lament the fact that we have gone 10 months knowing full well that this date was upon us and that theoretically we thought that funding as well as authorization would end on the 31st of this month. we have now found that funding will not end. this bill is necessary to authorize not to fund because funding is available for the next 60 days from the 31st. but i also rise to urge this house under the leadership of

earnings and revenue came in below the street's estimates, the stock was down as much as 13% in after hoyersng, before the close, though the stock was up almost 3% to 4072. >>> the bird flu will take a big toll on cisco, the company which is the largest u.s. food distributor says the outbreak will crimp egg and chicken supplies for up to 18 months. it is still too soon to tell if the supply squeeze will impact its financials. the shares were a fraction higher to close at 3749. >>> tesoro has ordered new crude railcars. the safety standards recently set, the new rules are aimed at curbing accidents here in the u.s. and canada. shares rose 1.5% to $92.79. >>> conoco phillips expects to maintain its capital skpenty tours for another shares were a fraction higher to 66.04. and consumer reports review of tesla's top of the line model s, let's say it was less than spectacular. they deemed the car undrivable because of the retractable door handles didn't work during the test. the good news is tesla picked up the car and repaired the handle glitch efficiently. sharestesla were down to $248.75. >>> d

former president bush: members of the board of visitors , lieutenant governor steele and congressman hoyer, distinguished faculty, distinguished guests, proud parents, family, friends, and most of all the graduating midshipmen of the class of 2005, i am honored to be here. [applause] and i am proud to stand before the future leaders of the navy and marine corps and to celebrate the occasion i thought i would bring along a small graduation gift. it is too late to give you a stall back day so i will do the next best thing. in keeping with long-standing tradition, i hereby absolve all midshipmen who are on restriction for minor conduct offensive -- offenses. [laughter] [applause] i will leave it to the admiral to define exactly what minor means. [laughter] you worked hard to get to this moment. you survived the summer and having your parking tickets scraped. you climbed herndon monument and threw pennies at tecumseh, god of the 2.0. i knew him pretty well when i was in school. [laughter] now at last, you have made it to graduation day come and in a few moments you will receive your military c

miller members of the board of visitors, lieutenant governor steele and congressman hoyer distinguished faculty, distinguished guests, proud parents, family, friends, and, most of all, graduating midshipmen of the class of 2005, i'm honored to be here. [applause.] and i am proud to stand before the future leaders of the navy and marine corps, and to celebrate the occasion, i thought i would bring along a small graduation gift. too late to give you a "staubach day," -- so i'll do the next best thing: in keeping with long-standing tradition, i hereby absolve all midshipmen who are on restriction for minor conduct offenses. [laughter and applause.] i leave it to admiral rempt to define exactly what "minor" means. [laughter.] you worked hard to get to this moment: you survived plebe summer, and having your parking tickets scraped. [laughter.] you climbed herndon monument, and threw pennies at tecumseh, god of the 2.0. i knew him pretty well when i was in school. [laughter.] now, at last, you've made it to graduation day, and in a few moments you will receive your military commissions and yo

hoyer: i thank the gentleman for yielding. first let me say that i agree with my friend who is, i think, one of our very responsible and able leaders in this congress, mr. ellison. i appreciate his commenths. -- comments. i presume that everybody on this floor whatever their perspective is thinks that the objective that the united states seeks and the objectives that our p-5 partners seeks, and the objectives that the united nations seeks and that is a nonnuclear armed iran. is best achieved through agreement. i would think all of us would agree on that. the question is, however, for us to make it very clear the objectives of that agreement and how it is achieved and how we are assured that that objective is in fact achieved. mr. speaker, i want to congratulate senator cardin, my dear friend, the ranking member of the foreign relations committee, for his hard work to reach this compromise with chairman corker. and i want to congratulate mr. royce and mr. engel for bringing it to the floor. for quick consideration. this comprom

hoyer: i rise in opposition to this conference report. written by house and senate republicans alone. it reaffirms their commitment to a severe and unworkable policy agenda that would harm the economy and stands little chance of being implemented. this budget conference report draws heavily on house republicans' budget framework by eliminating the medicare guarantee, turning medicaid into a cap block grant, limiting pell grants for college students and cutting knew trishon assistance while hiding $1 trillion in additional cuts behind a magic asterisk to be filled in at some time in the future. these props if enacted would be disastrous and i would suspect even most republicans wouldn't vote to make them law and i predict they will not vote to make them law. still many of the proposals must be taken very seriously. the republican budget report includes reconciliation instructions to fast track to repeal the affordable care act jeopardizing coverage for millions of americans, with no alternative in sight. it continues the republican policy

hoyer: i thank the gentlelady for yielding. i rise in strong opposition to this this is a mindless but easy cut. tough words. this, bri the way, is -- this, by the way is sequester, which is a republican proposal started about 2011 but really before that with all these across-the-board cuts because you don't have to make any choices, you don't have to make priorities. you just say, oh, let's save money. frankly, so many of the people in this country want this congress to have vigorous oversight of the executive department which has expanded very substantially. while the legislature has continued to undermine its ability to function as an effective oversight agency of the american people. the legislative branch is underfunded. we do not have the capacity to do effective oversight as we ought to be doing. the veterans department is a perfect example of that, where we are not vigorous enough in oversight to ensure that money was being applied properly. if you want to cut and if you want to say something, this is not good, that's n

hoyer: i thank the gentleman for yielding. first let me say that i agree with my friend who is, i think, one of our very responsible and able leaders in this congress, mr. ellison. i appreciate his commenths. -- comments. i presume that everybody on this floor whatever their perspective is thinks that the objective that the united states seeks and the objectives that our p-5 partners seeks, and the objectives that the united nations seeks and that is a nonnuclear armed iran. is best achieved through agreement. i would think all of us would agree on that. the question is, however, for us to make it very clear the objectives of that agreement and how it is achieved and how we are assured that that objective is in fact achieved. mr. speaker, i want to congratulate senator cardin, my dear friend, the ranking member of the foreign relations committee, for his hard work to reach this compromise with chairman corker. and i want to congratulate mr. royce and mr. engel for bringing it to the floor. for quick consideration. this comprom

betty liu with steny hoyer in washington.yman has the big stories of the market day, we are seeing stocks continuing to deteriorate even though we are relatively flat. julie: we are. remember, the s&p 500 index will be a record, but we could snap the three-day winning streak for major averages. i want to talk about one of the things that is the big weight on stocks today and has been pivotal in recent days. it has to do with oil prices. stocks andn energy oil prices up and has really helped the s&p 500 and when they are down in has been a weight. we are seeing crude oil pullback now. it is at a three-week low, down -- the fifth day, longest losing streak since march. in part of the stronger dollar and in part of goldman and sex coming out saying oil can fall to $45 a barrel as a result of the continuing surplus. you see that what the dollar is doing today. with oil prices lower, take a look at what is going on with energy stocks. konica phillips touching the lowest since april. you can see those shares are down by 1.1%, schlu

think we can stand a little more edification, and that is why in the world a congressman named steny hoyer deserves a raise here, why? >> you know, they haven't had one in a little over five years i do understand the cost of living does go up. i'm not necessarily opposed to it. i'd rather my tax dollars go to the men and women than another absurd study how to massage rabbits. lou: you know i think that's the most compelling logic i've heard. >> they're the ones that fund the studies. so that's the problem there. >> i see. >> if you give rights to chimps, give a raise to congress. it's the same thing at this point. lou: and with that i think we've resolved much of washington's dilemmas for at least this week, andy, thanks for being here, joanne thank you very much. >> thanks. lou: time for a look at our online poll results -- i would like to point out, more scientific poll results that you'll only get right here. that's it for us thanks for being with us. coming up tomorrow, formerious chief of staff john sununu will be talking about the current white house. please be with us. thanks for be

hoyer is asking for anyone extreme, but congress not had an increase in 7 years american people needges absolutely. they need too have their investment protected unless we blake's hold -- breaks hole some of the interest groups have we'll see the divide going on in in where rich get richer and poor get poorer, let's make it possible for average people to get to congress. >> i see pigs flying right now thank you issue dennis kucinich. >> thank you. >> we'll see you tomorrow. tomorrow. >> a world record car collection. >> he just kept going. he never stopped. >> i believe his goal was to have one of every car ever made. >> a maverick driven to leave a mark. >> he went to the auction, bought the whole lot. >> his family promises to carry out his grand plan. >> i think there was a feeling of dread, relief excitement, and enthusiasm. >> love it. love the hair flowing. the top down. >> but can they fulfill the patriot patriarchs dying wish? >> you don't want that car oil on your hand.

what i'm saying you heard today, steny hoyer, he said well we've stopped taking the cost of living raisesbut the way it's set up the rich are the only ones that who are going to end up in congress. it's a disproportionate share of members of congress who are multimillionaires. >> and then they get rich mysteriously like senator harry reid. >> how do you make $175,000 a year now and end up walking away from your public service with -- >> in real estate assets. are you just that good? boxer did very well. her husband did very well. >> yeah he's quite wealthy. >> can i point something out? >> he was a real estate developer. >> very successful. >> anyway 132 days they work. >> you work every day when you're in congress. i don't think that's fair. they are in session that many times. if you were a member of congress you would want to go home to your constituents too. >> but -- >> it ends up being about 50% of the year you're actually in session. >> no you work every day when you're in congress and then on saturdays you've got to go to the parades and events and town hall. >> don't they get fiv

hoyer: i rise in opposition to this conference report. written by house and senate republicans alone. it reaffirms their commitment to a severe and unworkable policy agenda that would harm the economy and stands little chance of being implemented. this budget conference report draws heavily on house republicans' budget framework by eliminating the medicare guarantee, turning medicaid into a cap block grant, limiting pell grants for college students and cutting knew trishon assistance while hiding $1 trillion in additional cuts behind a magic asterisk to be filled in at some time in the future. these props if enacted would be disastrous and i would suspect even most republicans wouldn't vote to make them law and i predict they will not vote to make them law. still many of the proposals must be taken very seriously. the republican budget report includes reconciliation instructions to fast track to repeal the affordable care act jeopardizing coverage for millions of americans, with no alternative in sight. it continues the republican policy

steny hoyer said that who represents maryland in that area. constantly we heard the refrain what we really need to do is spend more money. baltimore has been neglected if r years. poverty has been neglected for years. the reality is, there's very little evidence of neglect. we have been pouring money into poverty and into baltimore in particular for decades. you know, if you want to go back to 1965 when lyndon johnson declared war on poverty, we spent $22 trillion in this country on anti-poverty problems. last year alone the federal government spent $688 billion financing over 120 separate anti poverty programs state and local governments tossed in another $300 billion, so we're spending just about a trillion dollars last year on poverty. that doesn't strike me as neglect. and baltimore well between 2003 and 2013 which is the last year we have complete data for, baltimore received $6 billion in federal and state grants to fight poverty. and it received anned a the igs ed aned a ed aned a -- an additional $1.6 billion from the stimulus program

hoyer: i support the r&d if we pay for it. that's the principle that the american public supports as well. that will be an even greater benefit to the economy is for congress to set aside the misguided mantra that tax cuts pay for themselves and instead put america's fiscal house in order. let's start a real conversation about fixing our broken tax code in a fiscally sustainable way, passing this r&d tax credit will undermine that effort. i'm urging my colleagues on both sides of the aisle who care deeply about fiscal sustainability, about tax reform and about economic competitiveness to oppose these bills and i yield back the balance of my time. the chair: the gentleman yields back the balance of his time. the gentleman from texas is recognized. mr. smith: mr. chairman, i yield two minutes to the gentleman from california, mr. knight, an active member of the science, space and technology committee. the chair: the gentleman from california is recognized for two minutes. mr. knight: thank you, mr. speaker. i'd like to rise in s

mark: top stories on bloomberg this hoyer. alybabba is being sued.ed the chinese e commerce company as allowed the sale of fake goods on its platform. marry spoke to bloomberg in an interview about chevrolet's new camaro and how the transformers movies increase the the car as appeal to a new group of buyers. >> this introduced and created excitement for a whole new generation of customers, who are getting to the age that they are buying and driving cars. i was talking to a friend last night whose son wants a camaro. he hasn't even seen the new one yet. i think it helps a lot to just get that awareness and the excitement. mark: and amtrak will resume passenger services in the northeast today. the line was shut last week after a train traveling at twice the speed limit derailed, killing eight passengers and injuring more than 200 others. the f.b.i. arrives today to help federal transportation investigators. you can find more on that story at online. anna: has oil's recovery stalled? fall volatility has fallen to the lowest level in six months amid spec

sister: first of all, they fled to my hometown, and -- brian: hoyer? sister: it's -- which is close to mosul, about 20 minute distance southwest of mosul. brand: west. sister yeah. : after a week or so our displacement happened, which never thought that would happen with a couple hours that we were forced to leave which take -- it's about one-hour distance from my hometown to kurdistan. took us 11 hours to go there because some were marching, some were drivi because it was a traumatic stage for us. i would say like very few christians have stayed in mosul or that they couldn't leave because they were asleep when that happened. brian: is the hope of the christians from mosul who have been forced to flee to one day return? sister: yes. the message that i was given before i left, they said to me i've been working every day with the idps -- that's what they call us, actually there -- they said to me, sister, just please tell the community, tell the members of the congress that help us to go back home, we want to go back home. brian: what has been the posit

hoyer the one man who knows the full weight and measure of the responsibility of the job.ou die. you have validated jim wright honor. you knew he was ill and you cared that he died. how he would celebrate that. how he must be enjoying. he loved people of accomplishment. he loved people who contributed in building. the jack ass can take a barn down but it take as carpenter to build one. it is no accident our lord was fathered by a carpenter and parented by a carpenter. i thought about his final days and it came to me things i never imagined. he was the first gifted multi tasker. he inspires trying to work with technology but he was a multi' tasker. let me explain what i mean. february 7th, 1985 11:00 in the morning, after about 30 days some of the people in this room -- tony and john -- have been working because mr. o'neill told us he was going to retire soon and trying to collect votes to become speaker of the house. february 7th 1985 national press conference was held in the office of hoyer you met the national press, surrounded by his colleagues and surrounded by people

leader, steny hoyer, the one man in this sanctuary today that knows the full weight and measure of the responsibilities of the job this prince of peace executed so beautifully for so many years. dear steny, thank you for your presence today. how very honored he would be, how much he'd love this congregation today. this is a delegation of community builders. mr. wright loved sam rayburn dearly and he often quoted him. of course many people wondered why mr. rayburn went back to bottom, texas, after announcing he was going to leave the house . his answer was simple. bottom, texas, the people there know when you're sick and they care when you die. you have validated jim wright's recitation of that quote, all of you today by honoring him in coming here. you knew he was ill and you care that he died. oh, how he would celebrate you. oh, how he must be enjoying this. he loved people of accomplishment. he loved people who contributed and built. mr. rayburn, you see, a jack ass can kick a barn down, it takes a carpenter to build one. it's no accident that our lord was fathered by a carpenter and