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Dec 25, 2012
12/12
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privileges in congress and as fannie became more political, who would be better at running it than jim johnson? maxwell named johnson the new ceo end-1991 maxwell retired and took home a retirement package that was more than $20 million. even charles schumer who was normally a big fan of fannie mae was taken aback. schumer, and i think maxwell did a good job but that is enough. under johnson any perfected its lobbying. went around the country financing housing project in the district of any congressman who might prove useful. the congressman loved posing for pictures in front of those projects and taking credit for bringing money into their districts. fannie mae was going to need a lot of friends because there was a political problem to be dealt with. in the 1980s thousands of savings and loan institutions had gone bust largely because they made a lot of crazy loans on real-estate. the deposits of those were insured by uncle sam so the government ended up with the bill for $124 billion and congress felt obliged to see what else might go wrong and lead to more bailouts. hud was still regulating
privileges in congress and as fannie became more political, who would be better at running it than jim johnson? maxwell named johnson the new ceo end-1991 maxwell retired and took home a retirement package that was more than $20 million. even charles schumer who was normally a big fan of fannie mae was taken aback. schumer, and i think maxwell did a good job but that is enough. under johnson any perfected its lobbying. went around the country financing housing project in the district of any...
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Dec 10, 2012
12/12
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bob talked about jim johnson in that study that was done. so the conclusion was if we don't, don't give up the chart, we have to hug the charter. went to protect the chart at all cost. jim johnson was one of them came up with a strategy is to the way to do that is affordable housing. because the only regulator, the real regular of fannie mae was congress but it was the only ones who could change the charter. and if you could basically co-op congress and capture them through affordable housing, then you would protect the charter and then you could do all the things from earnings perspectives that they went on to do. y. johnson? a friend of mine had been at fannie in one of the regional office for long times it was very simple. fanny had a near-death expense in the early '80s in interest rate risk, and they risk, and they thought they had sold it through hedging. they had a near-death experience in credit risks, and ed, you change the underlying in 1985. they thought it fixed that. they were left with one risk. political. who do you bring in t
bob talked about jim johnson in that study that was done. so the conclusion was if we don't, don't give up the chart, we have to hug the charter. went to protect the chart at all cost. jim johnson was one of them came up with a strategy is to the way to do that is affordable housing. because the only regulator, the real regular of fannie mae was congress but it was the only ones who could change the charter. and if you could basically co-op congress and capture them through affordable housing,...
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Dec 22, 2012
12/12
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. >> jim johnson delivered many big games for the orioles last season. a large part of a magical run to the postseason. today, he was not interested in reminiscing, brother getting ready for 2013. -- rather getting ready for 2013. >> it is fun to look back. but now the calendar is about to turn. we're about to start getting ready for the new year. and i know guys already in the gym working hard. we are excited. it is fun to look back. but the guys are still very hungry and anxious to get to spring training. >> we are about eight weeks away. not far away. the retrievers keep fighting looking to steal a game most believed they could not win. the most naughty of passes. two point lead early. higher and faster. 23-18 de paul. we will stay in the second half. melvin took over. 43-32. more melvin. he is a bonafide star. 61, de paul the winner. that did not go so well. into the corner it goes. we go the other way. the down stroke on the aleuts. today.c.j. i do not know how he kept that going. temple knocks off syracuse, 83- 79. there is saturday night football
. >> jim johnson delivered many big games for the orioles last season. a large part of a magical run to the postseason. today, he was not interested in reminiscing, brother getting ready for 2013. -- rather getting ready for 2013. >> it is fun to look back. but now the calendar is about to turn. we're about to start getting ready for the new year. and i know guys already in the gym working hard. we are excited. it is fun to look back. but the guys are still very hungry and anxious...
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Dec 18, 2012
12/12
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there is the issue of mental --3 health services.05:42:443 3 3 baltimore county executive 3 chief jim johnson came out today... calling on state lawmakers tt do more to liiit access to military grade large amounts of ammunitionn p3thht brinns us to our question of the day.do we need tougher 3 laws?herees a look at our facebook page...this is clearly a heattd debate ttat will be going on for some time...about 300 commentss gun laws are nt needed... others ay its a good ideajoin this discussion right now by - going to facebbokk ot com slash fox-baltimoree- and we'll be streemmng a live town hall mmeting about un control live onnour website this thursday night at sevee ooclock 3 pirefighters in baltimore eveeingthe fire started about 3 ashwood road...that's ear stricker middle school pchoolhere's a look at the -&pfire...you can see the flames ffoorr.....anddfirefiigters doing hat they can to contain pt.no word on whattccsuud the fire onight 3 more than 20 ppople are injured after another fire at this apartment builddng in cambridge .nearll 100 ffrefighters were called too the scene late last nig
there is the issue of mental --3 health services.05:42:443 3 3 baltimore county executive 3 chief jim johnson came out today... calling on state lawmakers tt do more to liiit access to military grade large amounts of ammunitionn p3thht brinns us to our question of the day.do we need tougher 3 laws?herees a look at our facebook page...this is clearly a heattd debate ttat will be going on for some time...about 300 commentss gun laws are nt needed... others ay its a good ideajoin this discussion...
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Dec 21, 2012
12/12
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KGO
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and one of those men was the chief of police in baltimore, maryland, jim johnson, who said it's time to stop letting anyone who wants to fire off dozens of bullets without even having to reload. and he shows abc's john quinones the mere seconds that could save lives. >> reporter: they come in cases of 20, 30, even 120 bullets. maximum fire power packed into high capacity magazines. >> a lot more fire power. >> reporter: when the magazine is loaded into a weapon, a shooter can keep firing until it's empty. by then, the damage can be devastating. and this is why the police chief in baltimore county, maryland, wants to outlaw all but the smallest of these magazines. right here, this is it? >> yes, sir. >> reporter: the fewer the bullets, the more often the shooter has to stop firing, eject the empty cartridge and reload another one. and that window, why is that crucial? >> folks that are being attacked have time to react. >> reporter: exactly how much time do you have in that window? we put a clock to it. an expert like this police officer can switch magazines in less than two seconds.
and one of those men was the chief of police in baltimore, maryland, jim johnson, who said it's time to stop letting anyone who wants to fire off dozens of bullets without even having to reload. and he shows abc's john quinones the mere seconds that could save lives. >> reporter: they come in cases of 20, 30, even 120 bullets. maximum fire power packed into high capacity magazines. >> a lot more fire power. >> reporter: when the magazine is loaded into a weapon, a shooter can...
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Dec 16, 2012
12/12
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former fbi profiler tom fuentes, assistant director of the fbi and jim johnson, chairman of the, he'sst of all, baltimore county police chief and chairman of the national law enforcement partnership to prevent gun violence. gentlemen, thanks very much for coming in. chief johnson, let me start with you. the notion of quickly going into a situation like this rather than studying it from the outside. this is a relatively new tactical move, right? >> certainly over the last ten years law enforcement has entered into the active shooter scenario where we do not wait. when we have sufficient personnel and equipment and tools, we make an entry to stabilize the situation. >> the other very disturbing element in this, tom, is that we're seeing more of these young men, they're dressed in military clothing, if you will, armored vests. they're dressed in black and they go in and start killing people. is there a connection, in your mind, what they call copy cats as far as these mass killings are concerned. >> we look at copy cats as somebody following an event. somebody else killed a group of peop
former fbi profiler tom fuentes, assistant director of the fbi and jim johnson, chairman of the, he'sst of all, baltimore county police chief and chairman of the national law enforcement partnership to prevent gun violence. gentlemen, thanks very much for coming in. chief johnson, let me start with you. the notion of quickly going into a situation like this rather than studying it from the outside. this is a relatively new tactical move, right? >> certainly over the last ten years law...
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Dec 8, 2012
12/12
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. >> jason's dedication inspires players like ricky wallace and varsity coach jim johnson to set a plannto motion. >> we had already brainstormed it. let's get this league built for this kid so he can have a substantial amount of time to get in. >> we had talked during the season that i continue promise to have him in the game but i was going to have him a uniform for senior night. >> he worked so hard in practice. that was the least we could do, is to push for him to get in the game. >> february 15th, 2006, excitement is building for greece athena's last game of the season. the teacher is one of many in the crowd. >> very excited that there was a game that night. and that there was a chance that he was going to be able to get in for the first time. in the back of my mind i was just thinking, oh, my goodness, i hope the coach lets him in. >> fans are in the bleachers. many of them are shooting the video as the game gets under way. >> they have signed, j-mac signs. they had pictures of his face on little paint sticks and so forth. so that was -- it sent a chill down your back, you know.
. >> jason's dedication inspires players like ricky wallace and varsity coach jim johnson to set a plannto motion. >> we had already brainstormed it. let's get this league built for this kid so he can have a substantial amount of time to get in. >> we had talked during the season that i continue promise to have him in the game but i was going to have him a uniform for senior night. >> he worked so hard in practice. that was the least we could do, is to push for him to...
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Dec 27, 2012
12/12
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. >> james peterson, chief jim johnson, and matt lewis, thank you. >>> next, president obama won 70%f the latino vote. all right, gop, it's your move. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for someone with big ideas. edge, and more savings down every aisle. it only takes a few twists and turns for those bright ideas to make the new year even brighter. more saving. more doing. that's the power of the home depot. start fresh and save with hdx 20 gallon totes, a special buy at just $5.88 a piece. >>> because this is very important. i don't want to get lost in translation. you promised that, and a promise is a promise, and with all due respect you didn't keep that promise. >> president obama said the biggest failure of his first term was t
. >> james peterson, chief jim johnson, and matt lewis, thank you. >>> next, president obama won 70%f the latino vote. all right, gop, it's your move. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. with a new project in mind, some...
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Dec 23, 2012
12/12
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WBAL
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orioles closer jim johnson part of the conversation.ut the 51 saves he had during the regular season. a franchise record. interesting looking ahead to 2013. >> it's fun to look back. i guess that's what people do this time of year. they look back. now calendar is about to turn. we're about to start cranking up for the new year. i know guys that are at the gym working out. we're excited. it's fun to look back. i think guys are still very hungry and anxious to get to spring training, too. >> college hoops on saturday. mrs. claus in attendance. the retreefrs looking for their third win of the season. look at the lovely pass. chase palmer to aaron morgan. depaul just up by two. blue demons, bigger, faster. jamie crocket. he enjoyed playing against that zone defense. depaul by five. kleed melvin, he took over. game high 24 for melvin. depaul the winner. baltimore blast in milwaukee. last night losing from the second consecutive time. lost on friday to chicago. one point loss. 6-5. baltimore however, not feeling too bad. did start with nine c
orioles closer jim johnson part of the conversation.ut the 51 saves he had during the regular season. a franchise record. interesting looking ahead to 2013. >> it's fun to look back. i guess that's what people do this time of year. they look back. now calendar is about to turn. we're about to start cranking up for the new year. i know guys that are at the gym working out. we're excited. it's fun to look back. i think guys are still very hungry and anxious to get to spring training, too....
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Dec 20, 2012
12/12
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jim. am i diversified? apple aapl, exxon, xon, abbott, abt, pfizer, pfe, and johnson & johnson, jnj. , jim. >> oh, boy. the good is i think abbott is a terrific drug company. my charitable trust owns it. exxon mobile, not my favorite oil company, but obviously, you know, a good company. there are other oils i think are better. apple, technology company, my charitable trust owns. abbott, j & j and pfizer, we can't let that stand. we have to make changes right now. first, i suggest instead of j & j, how about general electric? everyone hates the stock all of a sudden, that's wrong. and we're going to have to trade out of pfizer. and what we'll do instead of pfizer, do that mondeliz, get a little food growth in there, i know you like stability or you wouldn't be in all those drug stocks. wow, great players, "mad money's" back after the break. >>> i had to pinch myself. almost as if i were listening to a play staged among tech executives in a bygone era. we expect stocks to gap up and never look back. i'm talking about last night's oracle conference call. record numbers everywhere all aro
jim. am i diversified? apple aapl, exxon, xon, abbott, abt, pfizer, pfe, and johnson & johnson, jnj. , jim. >> oh, boy. the good is i think abbott is a terrific drug company. my charitable trust owns it. exxon mobile, not my favorite oil company, but obviously, you know, a good company. there are other oils i think are better. apple, technology company, my charitable trust owns. abbott, j & j and pfizer, we can't let that stand. we have to make changes right now. first, i suggest...
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Dec 1, 2012
12/12
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KTVU
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gary johnson the intended receiver. and now jim mora will sending the field goal unit on. ka'imi fairbairn a freshman from hawaii. last week he kicked a season-long 48-yarder. this one will be from about 51 yards away for the tie. good snap, clean hold. wide. not the best snap. and stanford is in victory formation. the stanford cardinal will advance to the rose bowl for the first time since 1999. young david shaw masterful in a hard-fought effort by jim mora's ucla bruins. stanford 11-2, winners of the pac-12 north and the pac-12 champion, heading to pasadena. >> charles: and it was a tough snap. they did a nice job getting it down but you see everything is off just a little bit, unable to convert. stanford wins it all. >> gus: 27-24, what a game, folks. the pac-12 championship, as the stanford cardinal continue their amazing run. seven consecutive wins. let's take a look at tonight's jared, the gallery of jewelry diamond moment of the game. and once again, it goes to jordan williamson. >> charles: now two of the last three games they have needed him for the big one. he di
gary johnson the intended receiver. and now jim mora will sending the field goal unit on. ka'imi fairbairn a freshman from hawaii. last week he kicked a season-long 48-yarder. this one will be from about 51 yards away for the tie. good snap, clean hold. wide. not the best snap. and stanford is in victory formation. the stanford cardinal will advance to the rose bowl for the first time since 1999. young david shaw masterful in a hard-fought effort by jim mora's ucla bruins. stanford 11-2,...
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Dec 7, 2012
12/12
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jim demint is a senator. he is the leader, the ramrod of all those right wing challenges. he put up ron johnsono beat mitch mcconnell because he's too liberal. he's leaving, quitting his senate seat, giving it up, to run the heritage foundation. we have other stuff coming up, but let's start with that. >> first of all, he's going to make a lot more money. ed fuelner, who is leaving, makes $1 million a year. demint has a net worth of $40,000. secondly, the leadership has tried to rein him in. they've said, you can't go out and go after these conservative republicans with really conservative republicans in primaries because you're setting us up to lose senate seats. now that he's out of there, he can become a kind of cross between grover norquist and the jim demint he always was. he can drive these hard right ideas, but he can also sponsor hard right candidates in republican primaries. i think he thinks he's going to be more important at the heritage foundation than he is in the senate. >> let me ask you about that, john. it looks to me not just -- the money is always a draw for some people, i'm
jim demint is a senator. he is the leader, the ramrod of all those right wing challenges. he put up ron johnsono beat mitch mcconnell because he's too liberal. he's leaving, quitting his senate seat, giving it up, to run the heritage foundation. we have other stuff coming up, but let's start with that. >> first of all, he's going to make a lot more money. ed fuelner, who is leaving, makes $1 million a year. demint has a net worth of $40,000. secondly, the leadership has tried to rein him...
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Dec 16, 2012
12/12
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jim gray. >> host: who we also talked to here on booktv. gary johnson2012 is the web site, dot.com, i should say, and here is the cover of governor johnson's new book, "seven principles of good government: liberty, people and politics." out in august of 2012. >> is there a nonfiction author or book you'd like to see featured on booktv? send us an e-mail at booktv@cspan.org or tweet us at twitter.com/booktv. >> with a month left in 2012, many publications are putting together their year-end looks of notable books. booktv will feature several of these lists focusing on nonfiction selectn
jim gray. >> host: who we also talked to here on booktv. gary johnson2012 is the web site, dot.com, i should say, and here is the cover of governor johnson's new book, "seven principles of good government: liberty, people and politics." out in august of 2012. >> is there a nonfiction author or book you'd like to see featured on booktv? send us an e-mail at booktv@cspan.org or tweet us at twitter.com/booktv. >> with a month left in 2012, many publications are putting...
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Dec 7, 2012
12/12
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jim demint, who he leaves behind. demint's political operation spent a lot of time and money to get young conservatives elected to the senate. guys like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous. senator lindsey graham looked like he was in a state of shock on the senate floor today. >> i met with jim demint this morning, and i, to say i was stunned is an understatement. he has always been a friend. somebody i could count on. personally, we've really enjoyed our time together. and i just -- i was stunned this morning. >> the tea party has poisoned, i think, the well of the senate and the republican ideology. the gop is so far out of the mainstream right now you can hardly recognize them from ten years ago. a new quinnipiac poll shows americans support raising taxes on the wealthy 65% to 31%. republicans, i think they're in the wilderness. they face a changing demographical situation
jim demint, who he leaves behind. demint's political operation spent a lot of time and money to get young conservatives elected to the senate. guys like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous....
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Dec 25, 2012
12/12
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jim courier near court in friendly match with pete sampras. sampras nearly decapitated on the shot. >> oh, yes, sir. he can get up there. >> got a running start. >> out of the nfl, calvin johnson, also known as megatron break jerry rice's record of most reception yards in a season. lone bright spot in detroit's season, well, they have a tendency to do this. taking a knee at the four yard line on a kick off. jim having some choice words as this poor kid wants to pull his eyes right out of his sockets. >> no. he's making his christmas wish list. >> i feel bad for him because he did think he was in the endzone. you have to know where you are. otherwise you'll end up on plays of the weekend. >> yeah. >> that is really loud pair. >> i shake that for emphasis to wake people who are half asleep. >> wow want -- crossing the atlantic ocean on his way. santa. >> go to bed, kid. go to bed. ,, ,, announcer: this is joey fatone. it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] steve: how you all doing today? how's everybody doing? thank you all for coming. hey, welcome to "family feud," everybody. i'm your man, steve harvey, and li
jim courier near court in friendly match with pete sampras. sampras nearly decapitated on the shot. >> oh, yes, sir. he can get up there. >> got a running start. >> out of the nfl, calvin johnson, also known as megatron break jerry rice's record of most reception yards in a season. lone bright spot in detroit's season, well, they have a tendency to do this. taking a knee at the four yard line on a kick off. jim having some choice words as this poor kid wants to pull his eyes...
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Dec 20, 2012
12/12
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jim? you on herbal life? >> you like the ceo. >> i think michael johnson is a passionate man, the ceo, a strong case for his companyhy he is short and give you a preview of short the day before knock it down, make accusations about puts and whether acman bought puts, always good to asks. i think acman says he didn't this is a real battleground. there are people, including herb greenberg, always looking into what the company does, whether the product ends, how much ends with the consumer versus how much it ends with distributors. you know what look, i think this one is unless you have a smoking gun that can prove definitively this stuff does not end up with the consumers, i think it is he said/she said. >> herb greenberg. looking at herbal life a long time. >> done the best work on it, i really want to defer to him and doing a special on it. but this is really one of the most impassion deed baits i have ever seen. i thought michael johnson showed great faith when he came on our air during street signs and laid out why he thinks it's a good situation. obviously, the ceo, but his attack on acman and acman's attack on
jim? you on herbal life? >> you like the ceo. >> i think michael johnson is a passionate man, the ceo, a strong case for his companyhy he is short and give you a preview of short the day before knock it down, make accusations about puts and whether acman bought puts, always good to asks. i think acman says he didn't this is a real battleground. there are people, including herb greenberg, always looking into what the company does, whether the product ends, how much ends with the...
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Dec 10, 2012
12/12
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in washington. 33 special guests, grover norquist, congressman jim hencer link, senators from both sides of the aisle, corker, warner, johnsoncommon ground on the debt deal. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf h
in washington. 33 special guests, grover norquist, congressman jim hencer link, senators from both sides of the aisle, corker, warner, johnsoncommon ground on the debt deal. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this...
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Dec 25, 2012
12/12
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jim webb. the support of veterans benefits i think was probably better than anybody since the end of world war two, better than lyndon johnsonr a number of other people that came after that. that would be my choice, easily. host: if you want to give us a call, the numbers are on your screen the lead story in "the washington post" talks about syria -- fort lauderdale, fla., on our democrats line. caller: how're you doing? my choice would be -- merry christmas to you, by the way -- my choice would be jim webb, the senator from virginia. i think he probably did more for veterans benefits than anybody i can remember. i studied history going back to the end of world war two, to the days of harry truman and others. i think he did more than presidents like lyndon johnson and richard nixon who somewhat opposed an increase in veterans benefits while i was in college in the early 1970's. host: you are about the third or fourth person to mention senator web. caller: he deserves it. host: michigan, on our independent line, go ahead caller: good morning and mary christmas. i will miss or ron paul and dennis kucinich. if we had locked in
jim webb. the support of veterans benefits i think was probably better than anybody since the end of world war two, better than lyndon johnsonr a number of other people that came after that. that would be my choice, easily. host: if you want to give us a call, the numbers are on your screen the lead story in "the washington post" talks about syria -- fort lauderdale, fla., on our democrats line. caller: how're you doing? my choice would be -- merry christmas to you, by the way -- my...
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Dec 19, 2012
12/12
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johnson: lastly, the bill directs g.a.o. to conduct a study to determine whether the medicare program should use smart card technology, an idea advanced by my colleagues, jim gerlach of pennsylvania and earl blumenauer of oregon to prevent waste, fraud and abuse in the medicare program. members should know this isn't the first time c.m.s. has been directed to act. starting in 2002, g.a.o. first called for ending the use of social security numbers on government documents. then in 2005, the fiscal year 2006, labor-hhs bill urged the secretary to accelerate planning for removing social security numbers and asked for a report. then in 2007, o.m.b. issued a directive to all federal agencies to develop plans for reducing the use of social security numbers. and then in 2008, my colleague, lloyd doggett, and i brought a bill to the floor to end the use of social security numbers on medicare cards. most recently, at an august, twelve, joint hearing, they talked about a lack of a serious plan to stop displaying the social security number. while c.m.s. fails to act, both the public and private sector are working to protect their customers and businesses from identity
johnson: lastly, the bill directs g.a.o. to conduct a study to determine whether the medicare program should use smart card technology, an idea advanced by my colleagues, jim gerlach of pennsylvania and earl blumenauer of oregon to prevent waste, fraud and abuse in the medicare program. members should know this isn't the first time c.m.s. has been directed to act. starting in 2002, g.a.o. first called for ending the use of social security numbers on government documents. then in 2005, the...
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jim cramer. becky quick. we're coming to you from capitol hill. and we're here encouraging lawmakers to rise above partisan politics and negotiate a deal to avoid the fiscal cliff. joining us now senator ron johnsonan from wisconsin. thanks so much for coming. >> good morning. >> i'm getting worried here. because clock is ticking. should we allow a vacation without legislation? >> no, i'm happy to stay here until we get this thing fixed. understand how absurd this process is. we've done this with the debt ceiling. with the super committee. now we're back here again where we've got two people, and they're unelected staffs negotiating the financial future of america. i mean this is absolutely absurd. and why is that? it's because the democrats haven't shown us their plan. we have nothing to compromise with. listen, i'm happy to work with anybody, who's willing to first acknowledge the problem. and then work with me in good faith to fix it. but i don't see that from the other side. i mean the house has passed two budgets, including proposals to save medicare. the democrats in the senate have not passed a budget in three years. they haven't voted for any plan whatsoever because they don't want their
jim cramer. becky quick. we're coming to you from capitol hill. and we're here encouraging lawmakers to rise above partisan politics and negotiate a deal to avoid the fiscal cliff. joining us now senator ron johnsonan from wisconsin. thanks so much for coming. >> good morning. >> i'm getting worried here. because clock is ticking. should we allow a vacation without legislation? >> no, i'm happy to stay here until we get this thing fixed. understand how absurd this process is....