>> at the planning process is not independent, yes. >> not independent manning? >> it is influenced by market participants, and other political entities. the planning process to me-- >> even if the state governor, the state governments agree to it? >> i believe all the transmission within the state, it is not regional in nature, should-- the state should have as much authority as the one. when we develop regional transmission which is for the good of the region or the good of the country-- >> should the first people to override the agreed upon plan? >> if it is done by an independent planning authority, yes. i mean, i'm sorry no, and if that is, yes. >> why i think one of the current-- concerns we would have if frugal were involved the right of appeal ought to be not only limited to the transmission proposals but also those with other perspectives. right now-- >> under those circumstances you would gifford the authority to modify transmission plants? >> i think there are legitimate issues with anything involved in transmission but if you are going to create that

named to be independent in fact, and not only with committee members bitch really independent but they would be given authority to retain compensation consultants and legal counsel on long with the funding necessary to do so. this legislation was along with testimony from the sec to create standards for insuring the independence compensation consultants and shareholders with a confidence -- compensation committees receiving objective expert advice. in the that is i think with all your gentleman admit that is a major mandate by the government in the corporate government? >> thank you, congressman and. i feel that this is just simply trying to ensure that the independence of compensation committees is as advertised which is independent and the reality is that i say this as a person who has been participating on a board of directors, if the ceo controls the compensation consultant, you can have an independent compensation committee, but the power and the information that is being gathered is being gathered by somebody who almost inherently has a conflict of interest in this situation and

s, inspector generals, the independence they need. making the inspector general a presidential appointee confirmed by the senate not only gives them independence from their agency management but also gives them more stature to come directly to congress with any problems that they encounter. congresswoman diane watson, the chairwoman of the oversight and government reform subcommittee on government management held a hearing on this bill where it had the support of the g.a.o. at the hearing, the agency inspectors general made some suggestions on improving the bill which has been incorporated in an amendment adopted at the committee markup. the amendment specifically clarifies that the npor general and the inspector general staff retain their existing pay and personnel structure. it also clarifies and strengthens the subpoena authority of these inspectors' general and it requires that the heads of the agencies to report to congress on actions they have taken in response to inspector general recommendations. inspector generals have the un

>> the planning process is not independent, yes. if so, yes. >> independent meaning?> influenced by market participants and other political entities. the planning process, to me, being -- >> even if the state governor, the state governments agree to it? snibl that all the transmission within the state that is not regional in nature should, the state should have as much authority over it as they want. when we develop regional transmission which is for the good of the region or the good of the country -- >> should the ferc be able to override that regional plan agreed by the states? >> i stand by what i said. if done by an independent planning authority, yes. no. if not then yes. >> mr. miller? >> think one of the concerns we would have if ferc were involved is that the right of appeal ought to be not only limited to transmission proposals but also those with other perspectives. >> under those circumstances you would give ferc the authority to modify a transmission plan? >> i think there are legitimate federal issues with anything involving interstate transmission, but

then we would if we become independent. in the introduction, something that came out in 2003, a meet in the park, that was not galloway's phrase but it was the phrase of someone from pennsylvania who was taken from an essay in a philadelphia newspaper that was published 6 weeks before independence was declared. sweeping out to the pacific, made the argument that to declared independence was a leap in the dark. there were too many uncertainties in trying to become independent, and we would be better off remaining with great britain. not many people remember this but for the first fifteen months of the war, the objective was not independent but reconciliation, to force great britain to make peace on our terms. once the cat was out of the bag, and the war begins and the british begin killing american soldiers and american politicians hold positions that they had never held before in state governments and in congress, the idea of independence kept growing and growing. and took on a life of its own. as i tried to argue in the bo

provides for an independent assessment by the courts. it does not require substantial deference and i know this is a little bit of a touchy issue but if i might just make the point that in other areas of litigation where there is some deference, foia, other regulatory areas, there are fine guidelines in history and regulations that give guidance in those areas that fine-tune it before it ever gets to the court and perhaps there is a distinction between the deference given in those circumstances and the independent review required here. i will, i want to abide by the time but i think the bill is a good starting point for discussion. it does provide the independent assessment, clarifies that it is evidentiary privilege not an immunity doctrine and it does provide the courts with the critical oversight. finally, i have been enjoying participating in the constitution projects bipartisan liberty and security committee, which i have recently joined and reforming the state's secrets privilege has been signed by more than 40 policy experts, the

in name to be in independent and that. not only would committee members beecher land appendant but they would be given authority to maintain compensation consultants and legal counsel, along with the funding necessary to do so. this legislation was-- and i think we have had testimony from the sec to create standards for ensuring the independence of compensation consultants, shareholders with the confidence-- compensation committees receiving objective, expert advice. now, that is i think, what all you jones hamid menke that is the major mandate by the government and the corporate government? >> thank you congressmen. i feel that this is just simply trying to insure that the independence of comp committees is, as it is advertised which is independent, and the reality is, and i say this as a person who has participated in a board of directors, if the ceo controls the compensation consultants, you can have an independent compensation committee, but the power and the information that is being gathered is being gathered by some

on monetary policy, independence is crucial. we've not experienced any threats to our independence from congress, the administration or elsewhere. we've made our decisions on a strictly independence basis and we feel quite confident we can continue to do that going forward. we face, as always, the same difficult decision about what is the right moment to begin to remove accommodation. you don't want to remove accommodation so soon as to, you know, as to prevent the recovery from taking hold. on the other hand, you don't want to wait so long as to lead to an inflation in the medium term. but that decision is the same difficult decision we always face when we come to a point to remove a monetary@@@@@ @ @ d h through the emergency dending powers. certainly independence and secrecy may be important in the fed's normal operations, but this use of expansive emergency powers relying on a vague statutory provision that has not been used in about seven decades is certainly not normal. the fed indeed seems to have sprung into action throu

come on independent line. caller: i think the cia is doing what it knows how to do best -- this is what we should do. this is the cia at its best. if you think america is not helping them with technology and twitter and everything, you underestimate the cia. lindsay graham and john mccain, i am so relieved that john mccain did not win. if he had run -- there would be a third world war. there are ways that you can impact countries without overtly doing it, and that is what we should be doing and i think the present -- i don't agree with him on a lot of things. mccain really scares me. what would they have us do? send troops there to lose their lives? if people want freedom badly enough, they should be ready to pay the price with their lives. host: james on the line. good morning, as we look at video from youtube from over the weekend. caller: good morning. absolutely a timid response from obama and it is typical of democrats' approach things, they stay on the sidelines and let things happen in front of them. yo

reagan won in 1980 by appealing to independent and unhappy democrats. there's not a single reagan speech where he doesn't say, "my fellow republicans and those independents and democrats who are looking for a better future." there were not enough republicans to win in 1980. in fact, we were i believe 21% of the electorate by the end of 1979. now, inclusion does not mean lack of principles. like reagan, and calista and i did a movie some of you saw last night with "ronald reagan" like reagan i am for first principles. tonight i am going to apply first principles to three areas. one, strengthening our unique american civilization. two, strengthening our national and homeland security. three, building a productive america with the best jobs and the greatest prosperity in the world. first, we must strengthen our unique american civilization. mrs[applause] >> let me be clear. i am not a citizen of the world. [applause] >> i think the concept is intellectual nonsense and stunningly dangerous. [applause] >> there is no world sovereignty, there is no world syst

in the language such as substantial deference would undermine that independent review. in terms of the ability of the courts to way expert testimony, that is what is marvelous about our judiciary and our rule of law in this country, is that you can have a judiciary listen-- they don't have to be experts on patent law to make a fair decision or an expert an engineering to make a fair decision in an engineering case. >> which was the expertise of the courts? >> the expertise of the courts away fairly the expertise under normal guidelines. >> thank you. in missed-- mr. wizner, the entire subject matter like rendition and torture is a state secret. in the lefkow moore's we held hearings in rendition brokovich rettig knowledge rendition is a valuable tool in the war on terror and other governments have conducted extensive examination in particular cases. in kube these facts were we to make of the government's argument the entire ec

redo independents -- where are they and all this? guest: typically, the way that they work in the states is that major political parties in the last election, the leaders of those two -- it could be independent or green in some states, they get to choose persons to be on the redistricting commission. there's nothing to preclude democrats or republicans from appointing an independent to the commission, but it is usually seen as a process where democrats will. democrats and so on. host: what is your organization's feelings on this legislation? guest: we all pluggapplaud the w makers who have shown leadership on this issue. it is difficult to get income of members of congress to agree that the process by which to get to choose their voters ought to be changed. it is probably the biggest advantage they have. we applaud them for putting this out. we cannot even get a hearing the last time congress meant tanner introduced this bill. we hope that the leadership in the house know will at least give him the opportunity to focus some sunlight

on the independence line. caller: i think it is unconstitutional that democrats, when they have power in office, they will keep wanting more power. so they're going to take up more districts. more districts and when the republicans do not have the power there will be put behind. host: do it you see that happening? guest: it is definitely true in north carolina for the democrats control the governor's chair, the house, and the senate. when you have a monopoly like that on state power you really have the opportunity as a majority party to draw the lines almost any way you see fit as long as they do not violate federal law. you can redistrict in a way to put the minority party in a permanent minority status for the rest of the decade. host: viewers are calling from a number of states. what they cacan they find out fr website? guest: we have a math of the nation and you can bring up each state. -- have a mpa. ap. -- we have a map. host: back to texas with a twitter. what is the story with taxes now? guest: that is

dennis on independent line. caller: i just wanted to make an opinion and voice my concerns about this the two-party system. the way it looks to me, it doesn't seem like republican party or the democratic party really have america's best interest at heart. it is all about self interest, and it just seems that if i can make a buck, that is what i will do, and if i have to step on your neck to do it, or cut programs here or spend money on defense of their, it is all self interest and nobody seems to have america's best interests at heart. host: how long have you been an independent? caller: it has been about 85 years -- i was a republican, not a democrat, and not independent. it seems like both parties, they talked a good game but when you get and there to find out what they are actually doing, they are not doing anything for america, it is all self interest. they even got to the point where ralph nader, some of the things he was saying pretty good to me, and as far back as when ross perot -- my brother supported h

scott on our independent line. caller: if ahmadinejad wins or the other fight winds of being voted in, people should know that he started the nuclear advance men -- advancement. i also want to say that i am happy with -- unhappy with george bush. they are pushing the fight to them. the people see what is happening in iraq and afghanistan, and they are panicking. we are not to get involved with that. they have their own leader. we just have to keep an eye on them. they are pretty much panicked in the middle east because a lot of the territory the u.s. is occupying. even though obama might get mixed up in it, and he should not, it is nice to see some freedom of the election. it is nice to see people standing up for their rights. even though they still have nuclear ambitions, it is nice for them to come out and stand up for their freedom. host: we will talk about this later in the next hour with neil macfarquhar. that will take place in our final half hour. dr. bernadine healy will give hurt current take on health car

now, this authority independence of risk managers within firms issuing their independent compensated well is most important when you're going through a period of excessive optimism where asset appreciation can temporarily make the reckless look why is and prudent look overly risk at first. former federal reserve chairman william chesney martin said the job is to take away the punch bowl when the party starts getting interesting. likewise, risk managers must have the independent stature and pay to take the car keys away when they believe a temporary good time may be creating even a small risk of a major financial accident down the road. fourth, we should examine whether the prevalence of golden parachutes and supplemental retirement packages from the aligned the interest of executives with shareholders. bebchuk will be speaking to provide its tickets with substantial amounts of stealth compensation not transparent to shareholders that is largely decoupled from performance. and concerning golden parachutes, there is more evidence they are prevalent, not tied to performance or even merg

host: melanie on the independent line. caller: can you hear me? i think mandatory reading for everyone, not only who is in politics but everyone out there is a book that i actually found out about on c-span, written -- called "green hell: how's environmentalists plan to control your life and what you can do to stop them." if you can't pick up the book, then at least look on junkscience.com, because it will help you understand the agenda of the greens, and it is pretty scary. i would like to at least help people understand that the green agenda has nothing to do with real science. thank you. guest: spain had done a study, because spain went to this kind of cat and trade global warming plan they are trying to propose here -- cap and trade, they found after 10 years of their economy went to tatters, but what also happened is all of these green jobs that were supposed to be created, for every one job and they created, they lost 2.2 jobs in spain, and of the jobs were created, 90 percent or temporary jobs. a lot of people are saying this would create m

>> i sometimes think the liberal party -- this is an independent inquiry, independent of government. its remit covers eight years, the buildup to war, and reconstruction after. as far as witnesses are concerned, i cannot think of the inquiry if -- being satisfied if people want to be interviewed will not be interviewed. i believe that is exactly what will happen. for the liberal party or anyone in this house to come to the conclusion that this inquiry is in some way not independent is completely wrong. it is an independent inquiry, independent of government, able to take all papers and interviews any witnesses. i know the liberal party wanted to be held in public, but they know what happens when our public inquiries. it means lawyers, lawyers, lawyers. where people can feel free to give evidence and of frankly about what we want to hear, and that is the lessons we can learn from the war. >> the prime minister cannot answer the key question. witches, will evidence be given under oath -- which is, will evidence be given under oath? there has been delivered deceit by some agencies by ag

same premise as chairman frank, that independence in name does not mean independence in fact. but we do believe that if you gave a comp committee the funding and authority to be the sole hirer's other compensation consultant and the council, and that you have the sec go forward to ensure a reduction or elimination of conflicts of interest for compensation consultants, it is our hope that we would at least make progress and move the ball forward. thank you very much. >> thank you. mr. alvarez. >> thank you, chairman frank. other members of the committee for the opportunity to offer the federal reserve's perspective in the financial services industry. compensation practices of financial firms and other business organizations can have a significant effect on the safety and soundness of banking organizations and on financial stability. compensation arrangements which include salary, bonuses, retention payments and other forms of compensation, at any type of organization, serves several important and worthy objectives. for example, they are important for attracting skilled staff, p

back in independence, harry soon settled into a routine. he awoke every morning 5:30 dressed on the porch, picked a cane from a collection of 100 or so -- and took a walk. his route varied sometimes he would walk the town square passing the jackson county courthouse which had been built in 1934 back when he was the presiding judge. other times he would meander through the residential neighborhoods around his home. an old news reel shows truman enjoying one of his walks and a small suddenly jumps out of the bushes and shoots the former president with a toy gun. truman laughs and pats the irrepressible tyke on the head. today a secret service agent watching the film would likely suffer a heart attack. [laughter] >> and the unlucky youngster would perish in a hail of gunfire. back at the house he had breakfast at the kitchen table with bess who did not share his penchant for early rising. around 9:00 he went into his office, a three-room suite on the 11th floor of theú. federal reserve building in kansas city. sometimes mike westwood, an indep

host: the independent line from georgia.aller: i am for it and it needs to be either a sales tax or a different kind of tax. cut social security, disability, but they have to be now. we have illegals that no matter what the employers offer we have green cards and work these is that do not take out health care insurance. they have all the gang members, drug addicts -- these people are using up our emergency rooms and clinics.

a wreck on independence line. -- eric on the independent line. caller: i wanted to comment on the cycle we always seem to go through, the boom and bust cycle. i believe the government will and this, we will all go through the ups and downs of the economy. the government's role should be to mediate the extremes of the ups and downs and make it less of an impact for people around the world. i think one of the best ways to do that is to focus on the green movement and lessening our -- excuse me, first-time caller. the u.s. and china have trillions of dollars toward military spending and medicare is a huge thing. i call the during the health care discussion did that as well as many commenting on, how completely upside down a wish to have more primary care givers and last of these specialized categories that contribute. " scott thank you for the input. guest: observations on the comment. i think the caller is on to something here, and we need to all remember this the next time there is a boom in the u.s. economy. i have lived through multiple booms in

we need to take bold steps to become energy independent by growing the new energy economy. comprehensive energy reform will reduce or dependence on foreign oil, making us more security as a nation. the energy bill we consider today will also create clean energy jobs, inspiring a new economy. as a former utility commissioner, i saw firsthand the positive impact energy reform had on my state of new mexico. we instituted a renewable energy standard that increased the generation of renewables. we encourage energy efficiency that reduce cost for homes and businesses. it's now time to take these steps at a national level. for too long we accepted the status quo on energy. and now with the american clean energy secure act woo can put america on a path to energy independence, create new jobs, and save billions in the long run. i support this rule and urge my colleagues to join us in supporting this rule and legislation. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from texas. mr. sessions: thank you,

devoted to revolution and the war of independence. is both believe in the dark, when the french's tavern book award as the years best book on the american revolution. he is with us to discuss almost a miracle, the american victory and the war of independence. please join me in welcoming john ferling. [applause] >> thank you. it's a delight to be in chicago and to be at this fine institution. i want to begin by telling you that i had wanted to write this book for a long time. i taught a course on u.s. military history, taught a course on the american revolution and spent about half of that course dealing with the war. and taught a couple of seminars on the war of independence, but i had to wait until my editor finally gave me clarence to write the book. i also wanted to write it because a book i wrote in 2003, a leap in the dark, was a political history of the revolutionary era, and i wanted to write a book that would deal with the military aspects of the revolutionary era. and i took the title "almost a miracle" from a line in washing

what about the independence of the federal reserve? you have got four big policy tools being deployed at full tilt. interest rates, quantitative easing, a balance sheet of around two trillion dollars. you are buying treasury bonds. that is a lot of policy of their that you would have to unwind very quickly in order to turn the corner. what is the exit strategy? what kind of confidence to you have that you will be able to wind all of this down, when the moment comes? no. 2, it was inevitable, i would argue, that your dealings with the treasury were unprecedented. you had to do a lot in the last year to fight inflation, getting everybody to recognize that. that has blurred the distinction of the independence between the administration, executive branch, and federal reserve and its unique role. what do you think of that concern? what are you doing to reassert the independence of the federal reserve, not just in structure, but the impression of the marketplace? >> a long question, i will attempt to address it. we are confident that this pr

host: jake, an independent color. -- jay, an independent caller. caller: the people are processing because of the running government has been line to the people. the people were surprised to hear from obama that all americans do not hate iran. we love to communicate with them. many are running people said they want a democracy, other things, i was surprised to hear that. they want what we want, just to live in raise their children. i am incensed with john mccain. how can we go into someone else's country in go and dictate americana? we need to urge them towards democracy, sure, with most parts of the world. we cannot go in and tell them to do exactly what we say. the people realize that the government has been lying to them about the way that we feel about iran. there were giving them a totally different ideology. president obama would love to have a nice, good diplomatic relationship with them, but he told them if they would unclench their fist we would work with them. host: thank you for your thoughts. we will look at what the president said yest

because we have not taken the action necessary to become energy independent. so our gasoline prices at the pump for my commuters who drive sometimes an hour or an hour and a half to get to work to support their families paid an additional $2.50 per gallon tax imposed by those from abroad. who provide us energy. this bill is about making sure that foreign interests cannot raise the expenses of our families. this bill is about making sure that we in america provide our energy. efficient energy. clean energy. energy that will not bring our globe to a heating process that will drown out what the navy calls the literals. the seashores. where most of our people live. my colleagues, this bill, the american clean energy and security act, is a true turning point. this is one of the historic actions we will take not just in this congress, but as members of congress for however long a tenure we may have. it's a complex bill. because we face a complex problem. but we can sum up its outcome simply. new american jobs. less dependence on foreign energy. a reduction in the ca

i love to hear that you have declared an independency she wrote. and by the way, in the new code of laws, which i suppose it will be necessary for you to make, i desire you would remember the ladies and be more generous and favorable to them than your ancestors. do not put such limited power into the hands of husbands. this was an audacious move. again, as she sat, her thoughts carried her to a territory that was more revolutionary than any american, male or female, had wandered in the course of the rebellious consideration. slavery was the life specter that the delegates avoided. but the idea of the rights of women was so contrary to anyone's imagination, much less expression in the halls of congress, that issue would have been considered amusing rather than alarming. but abigail was serious, very serious. remember, all men would be tyrants if they could. then recovering her sense of reality, the reality with which she anticipated her claim would be met, she continued with a faint thread. and here we hear her teasing him. if particular care and at

with russia next issue of missile defense and strategic offensive reductions should be dealt with independently. these are two different issues. we have made no final decisions regarding basing missile defense in europe, which will be based on an assessment of the threat to the united states and its allies. if that threat disappears, that will affect our decision on the need to move forward with missile defense. delegations from the united states and russia are conducting talks in geneva today and tomorrow, i believe. yes, june 22nd. today through wednesday. and they will be discussing a variety of issues related to the start fall a wan treaty. you know that on april 1st in london at their first meeting president obama and president medvedev agreed that bilateral negotiations should start right away with the objective of achieving a new comprehensive legally binding agreement on reducing and eliminating strategic offensive arms and that the u.s. and russia would seek to record and a new agreement levels of reduction that will be low word than it in the moscow treaty. >> do you have specific num

on the independent line, we have carlos from atlanta, georgia. caller: good morning, how are you doing? host: how are you? caller: i am good, thank you for asking. i think c-span for giving us -- i thank c-span for giving us the latest news and everything. one of the things that i have been hearing that the colors have interviews, and i understand all that. what i would like to point out is that if we are in the "united states," we should be united on many things because there are also republicans that helped president obama become president obama. i say that to say that even with ben bernanke, who is also from chicago -- and chicago has a history of politics and everything, but they have been coming through to make a great change. now we see the united states and abroad and everything and i say that to say that we should be aware of the people that we put in office -- not just in office, but all of the parties that " governor" the united states. does that make sense? host: yes. caller: i think you very much for your time and not -- i thank you v

independent line. caller: good morning. i enjoy your show quite a bit. the reason i am calling. i'm an independent. i come from a family of democrats. i am in favor of revamping the health system -- that is just one problem that i do not think obama can overcome because of the costs generating such a system. in canada it is not working, in britain it is not working. in france, it is working. but to compare it to the united states, you are talking about possibly a $2 trillion situation. now, keeping in mind what obama wants to do, what about the construction of highways, construction of bridges, -- host: isn't he doing that with the billions of dollars in the stimulus funds? caller: to be quite honest, we just keep printing money up. here it will pay people, but we have to give the unemployed -- first of all, the numbers are only the people who are collecting unemployment. the actual unemployment rate -- don't forget, probably 20 million to 30 million people who are not collecting and not listed in the

i think there was a depot in independence so they could go all the way back to independence. harry didn't really know what to do with himself. there were rumors at the time he would run for senate from missouri. or governor. even that he would run for president in 1956. he was the last president eligible to serve more than two terms. you know, it just occurs to me the republicans passed that why they grandfathered truman in, they could have just said he can't run again either but he was eligible to run for a third term and none of these ideas were that farfetched at the time because the fact of the matter was, harry truman had to do something. he needed income. but he really didn't have any specialized training. he had nothing more than a high school diploma, still the last president without a post-secondary degree and his only income was his army pension of $111.96 a month after taxes. that was for his service in world war i as an officer in the army. he did not receive credit for his almost eight years as commander in chief. which to me just seems a little unfair. but that'

and energy independence but what grew was an alternative, you know, wind, solar, renewables.n the 2006 election we began to push democrats to focus on energy independence, jobs -- create american jobs but above all giving america control of its future. james carville and i wrote a memo to urge candidates and tell them you're going to go to washington and you'll work with anybody to get energy independence and you'll meet more with president bush with the movements forward on energy independence, that's my goal. some candidates listened, you know, some didn't. and we suggested by 2008, you know, barack obama was running, energy independence, clean energy was his top tier most popular issue. at the top of things they want him to do. they think it's the most security and economic policy and so what's happened is the agenda changed and so the fight is, you know, different. both that energy is at the top but also the definition of it and once you get the definition -- >> host: but this is even before security -- i'm trying not to go to the global warming fight 'cause i made a prom

but some back to the truths that are in the declaration of independence. you may do anything with me you choose if you will but heed these sacred prince. you may not only defeat me for the senate but you may take me and put me to death. while pretending no indifference to earthly honors, i do claim to be actuated in this contest by something higher than anxiety for office. i charge you to drop every paul triand insignificant thought for any man's success. it is nothing. i am nothing. judge douglas is nothing. but do not destroy that immortal emblem of humanity, the declaration of american independence. >> that is what this is all about. that is why i am a citizen of the united states of america and not a citizen of the world. [applause] >> compare that passion for individual liberty and individual opportunity with the question as, group politics, and bureaucratic healthcare rationing advocating by our opponents. this republican commitment to the individual did not cease after lincoln. reagan in one of his radio talks in the 1970's, part of which we have in

is completely wrong, it is an independent inquiry independent of government able to take all papers and into any witnesses. i know that the liberal party wanted to be held in public but i think they know also about what happens when there are public inquiries, that means lawyers and lawyers or as people can feel free to give evidence and give it frankly about what we want to hear and that is the lessons we can learn from the war he mad. >> the prime minister did not answer the key question which is, will evidence being given under oath? there is a history of this matter of confiscation and a deliberate deceit by some agencies and individuals proven to see now nothing short of people giving evidence under oath will be sufficient to give this inquiry veracity and integrity and i ask him now, with a give us an assurance that evidence will be under oath? if not, why not? >> the terms under which given will be a matter we will comment on and report later but i'm absolutely sure that everybody who is giving evidence -- will have to tell the truth to this committee and they are under an ob

his mind and came out strongly for independence. most of his neighbors, however, in pennsylvania and his relatives, were british sympathizers and ostracized him. when he died one year later after signing the declaration of independence, his last words to his tormenters were, quote, tell them they will leave to see the hour and see the signing of the declaration of independence that i have rendered to my country. there were similar stories with the other 51 signers of the declaration of independence. a person who did not sign the declaration, but one of my favorite persons in history and son of liberty was a school teacher by the name of nathan hale. he was from connecticut and 22-year-old teacher by trade but joined the colonial army. at the battle of harlem heights, george washington was facing battle and asked for a volunteer to go behind enemy lines and spy on behalf of the colonial army. hale volunteered. he disguised himself as a dutch school master and set out for a week and gathered information on the position of the british

other times independent shareholders. board members do have to be independent, under sarbanes oxley, more of a push of having independent boards of directors as well. they are not always major shareholders. host: bob in pennsylvania on the republican line. good morning. caller: i wanted to make a comment to michael and get feedback relative to fannie mae and freddie mac. i have been in the mortgage industry for 20 years. and the last year, both fannie mae and freddie mac implemented a policy whereby they charge excessive fees, very large fees, from one points all the way to three points on the long side. based directly and solely on credit scores. it has created a situation where people will really pay their bills and do the things that they are supposed to on time, will have minor difficulty in their credit -- say they missed a $35 annual premium on the credit card, the credit scored drop 100 points but just on the basis of something as small as that. fannie mae and freddie mac charged them thousands of dollars because c

you seem to have been able to in your situation strike that type of independence and i complement to on that, but i can say that many people find on a compensation committee that if the company itself is hiring both the council and the consultant that is very difficult and, in fact, there is a study that shows ceo pay and does end up being higher when you use a compensation consultant that has a conflict of interest. >> i appreciate your approach in that regard and it will be an open question in my own mind whether or not there are ways to strengthen the hand in or the powers to visit with responsibilities of the comp committees and public companies. i can tell you from my experience on this committee though that there have been many witnesses from private enterprise sitting at that table who have received a strong suggestions from this committee that and this is a way that you might want to do something because if you don't do something we will do it for you so i am somewhat fearful that once we go down this road we may go way beyond merely strengthening the hand of compensation com

then it moving beyond to actually organize an independent political party to decontrol. >> 80 percentcan. what kind of participation in the freedom organization was there? >> slow at first. >> a lot of fear. >> a lot of fear. it is funny. when they move in in the beginning of 1956 they constantly make the decision not to talk about creating an independent political party because they knew that folks would say, how is this going to work? in other words they knew that the democratic party was not necessarily for them. they are doing all these. jonathan daniels. reflecting on these men experiences. lead people slowly by dozens at first and by may of 56. 900 show up and participate. by the time the november election you have roughly about 2,000 to 20200 african americans casting ballots. so many others were trying to participate. and those living on sharecropping farms were still afraid. many teachers were afraid for fear of losing their jobs. >> how did they go from zero registered voters to the number that they had? how did they get around all the obstacles? i mean that is the slow and

i come from a family of democrats -- i am an independent. i am in favor of revamping the health system. that is just one problem that i do not think obama can ever come because of the cost -- i do not think obama can overcome because of the cost. in canada is not working. in britain is not working. in france is working. to compare it to the united states, you are talking about possibly a $@ -- a 2 trillion dollar situation. keeping in mind what obama wants to do, what about the construction of highways, bridges, -- host: isn't he doing that with the billions of dollars in the stimulus fund? caller: know, we just keep printing money up. -- no, we just keep printing money. here it will pay people but we have to get the unemployed. the numbers are only the people that are collecting unemployment. the actual unemployment rate come and don't forget there are probably 20 million people who are not collecting that are not listed in that index. host: you are absolutely right, the numbers do not reflect the total number of people out of work. caller:

and even work with president bush to move forward on energy independence. some candidates listened and some did not. and we suggested by 2008 barack obama was running energy independence, clean energy was his top tier most popular issue. the top of the things they want him to do. they think it is the most important national security and economic policy. the agenda has changed. the fight is different. both affect energy is at the top but one of the pieces that is drawn into it. >> host: but even before security, i am trying not to go to the global warming fight because i promised myself i did not want to debate to the issues but the security component and the independence component is 80% issues that we're bree part company the earth is melting are we doing it, but i am saying even before all of that, but because the younger generation is being brainwashed to watch "an inconvenient truth" in second grade and if a mother says anything then you can jeht teach the doctor's side but we have to educate our children at home. but this is three iraq, up three 9/11 t

and for independents, 202-628- 0205. good morning to taking a look at the headlines today, "the richmond times dispatch," " senate approves federal regulation of tobacco. a big story in virginia, a strong tobacco state. from the "houston chronicle," "landmark tobacco bill." in "the wall street journal," "companies are weighing the impact of the bill, which they say also puts severe restrictions on advertising and packaging. those limits couldn't do business plans based on smokeless tobacco products. they're fighting to derail the legislation." first call this morning comes from the democrats' line from kansas city, missouri. tony, good morning. seagucaller: good morning. my friend died of cancer, smoking for seven years. he was so sick, that, looking at him, you know, i believe the best thing to do is to, you know, but make sure that people are not dying for nothing, ok? host: du think it is of to the fda to relate -- do you think it is up to the fda to regulate tobacco? caller: yes. it should be done. i am so glad it is