and high food prices are such a politically important factor in this election. >> doug, this is john taylors debate. >> hi, john. >> i think the recovery is so weak. people can see it's weak, unemployment is above 8%. you'd have to make the case or your opponents have to make the case it has to do with current policy. what do you think about the idea going forward which is the right way to go? not so much the blame for the past. you have two alternative perspectives there. >> could i grab that question? i'm sorry, doug, go ahead. >> i think there's the larger battle of philosophies. we've seen the republican primary focus on very tiny issues. we're now see the large battle emerge between the presumptive nominee mitt romney and the president. very different approaches to economic policy. they want to have that debate and it's important but it going to be focused especially because immediately after the election, the congress have going to have to move on the sunset of the bush tax cuts, sequester that affects national defense. there are going to decisions that force that right into the prese

it's a very great pleasure to welcome professor john p. taylor back to the heritage foundation. john. [applause] >> thank you so much ed and thank you for your leadership that they are at its foundation and for inviting me to come here and talk about "first principles" which is something the heritage foundation has empathize so much. the underlying theme of the book as i'll describe in a minute is economic freedom and one of the problems we are struggling with in the kent is weird deviating from these principles. again the heritage foundation has been on the forefront of making sure people know what economic freedom is about with the index. let me start a little bit with the current state of the economy, because one of the reasons for writing this book is, i think we have a problem with our economy and i just want to go over that. so we are now in a recovery from a deep recession. we are actually two and a half years into the recovery and there is news that people are talking about the things are getting a little better but the truth is this recovery has been pretty bad from the

>> john taylor? >> to be a little different, i'm very concerned with this unpredictability of the tax code. the first thing we could do is put it in place more permanently so we don't have 100 provisions of the code expiring each year. when do you this broadening of the base and lowering of the rates, which we need to do, i would emphasize don't broaden the base too much. don't trite to have a stealth tax increase in this tax reform. it should be revenue neutral and economic growth will generate more revenue so be careful with this tax reform. it's not a stealth tax increase. >> when you say don't broaden the base too much, are you saying that you should leave the kinds of exemptions, preferences that -- and deductions that currently exist like the mortgage deduction? >> there's going to be a battle about broadening the base and lowering the rates. some people would like to just broaden the base without even changing rates. that's not tax reform. tax reform is where you lower the rates enough to stim

rest of the day, please make sure you see the books that are for sale by people like karl rove, john taylor, as well as the 4% solution, the book that president bush alluded to earlier that crown books is publishing, that is really all about what we're talking about today. -- it has 21 chapters, forwarded by george bush and has five nobel prize winners. there is a terrific interactive map that travis brown has fought to put together where you can see where everyone is going when they leave california to go to low tax states. it is my pleasure to introduce our next speaker, who came to the wall street journal in 1980 and is now emerged as probably the most powerful man in america. [laughter] the editor of the wall street journal editorial page. in 2010, he won the prestigious bradley award, which goes to someone who has made a major contribution to the promotion of liberal democracy. paul, take it away. [applause] >> thank you very much, jim, and thank you, ladies and gentlemen. it is so nice to be here with so many friends and contributors to the journal, and my dad, especially -- and might

>> one of the biggest issues is something john taylor addressed on "squawk." john taylor from stanford university was saying you need clarity going forward about tax rates. right now you don't have that. you have two different candidates running for president that either could swing the tax pendulum one way or the other. if you had a consistent policy for longer term, nothing is written in stone in terms of tax rates, that will convince insiders to hold longer. otherwise, as soon as these lockups come out, they're going to slam the market with stock. i think that's why facebook is bringing out an ipo in may so some folks can get out before the code may change next year. >> what do you do here? >> with yelp? >> yes. do you care at all? >> i admire their restraint. i'm very proud of them. what they basically said is this is great company. we like it. look at the valuation. why would anyone pay 18 times sales for a company that's looking to grow its top line 14%? i don't see any reason why anyone would buy stock here other than if you think that a greater fool co

writing south with john taylor, the very prominent, his own sons and a few other people they get into the boat and go down there ever living off of alligators and turtle eggs and some kind of strange bread they bought from the local seminal when they finally reach the point for the land supporting the union they drag the boat over into the atlantic and decide they are going to sail from bermuda. the start to sail from bermuda and they get hit by a tornado at sea so they turn back and realize it isn't large enough it is not seaworthy enough to get them to bermuda's they will continue south and try to reach cuba. the first time they see a larger sailboat is only about 18 feet long. the plan bandannas and they draw their guns and sale to this other boat and essentially in the middle of the water they steal the other boats and there were a bunch of coasters and renegades in any case and the only thing they didn't do in the party a few months later he said he was sorry they hadn't made the others fellows walk the plank. [laughter] they are boyte up by this and have a larger vessels so they

so i just want to say my name's john taylor, the president ceo of the national community reinvestment coalition. welcome to this very important discussion about the future of housing in america. ncrc is pleased to welcome a distinguished panel of experts to join us in this critical conversation about housing. home ownership, the mortgage market, about foreclosures our panelists this year include joseph smith, the former banking commissioner of north carolina. he earned critical acclaim -- if you could hold your applause. i know joe wants the applause now. >> it's been great to be with you. >> if you could hold the applause till we get through the introof the six speakers, that would save some time. i appreciate that. so he really received a critical acclaim for his work in enforcing north carolina's anti-predatory lending laws and most importantly he's been appointed by the state's attorney generals to be the monitor, mr. monitor of their recently approved $25 billion agreement between the ags and five banks. frank raines to my left, franklin raines, former rhoades scholar with a harv

next to him is john taylor at the hoover institute and raymond professor of economics at stanford university, also has a new book relatively new book "five principles," correct? and then steve forbes whom you heard from earlier today, the chairman and editor-in-chief of forbes media. eddie lazear, the jack steel parker professor of human resources management and economics and he's also the morris around cox senior fellow at the hoover institution, and he is a member of the george w. bush institute advisory board. and next to him is governor sam brownback of the great state of kansas. and next to him is larry lindsay, whom you've already heard from today who is president and chief executive officer of the lipped say group. now i'm going to kind of move down here. so this session has been called by amity who is our -- actually, i sort of figure, this is amity's world, we all just live in it. so amity, we call it blitz solutions, right, amity? so i've been asked to start this off by going around or down and asking everyone, what is the one quick, and i mean quick like 20, 30 seconds, don't worr

our guest host will be stanford economics professor and former treasury official john taylor.reak down the trading week with squawk market master bob doll and the political impli implications of the jobs report with former white house chief economisting douglas holtz-eakin. ♪ it's a beautiful day in the neighborhood, a beautiful day for a neighbor ♪ >> we're watching two major developments. the introduction of andrew's zweater. >> i don't get the josweater jo. >> it has a zipper. >> no, no, it was an animated -- >> wow! i have an idea, every payroll from now on andrew has to wear a different zweater. >> maybe short sleeved. >> what about scarborough. scarborough is wearing one of those. >> someone else wrote in they thought it was a zuckerberg hoodie. >> i could start wearing a hoodie but there are issues around that. >> someone said don't get him upset, next time he'll show up with a hoodie hoodie. . >> you look behind where they play the masters from and it's literally a hundred yards back and there's trees, it seems as if you've got like a 20-yard area to shoot through. we

>> john taylor. >> i'm very concerned with the unpredictability of the tax code. i think the first thing we could do is get something put in place were permanently. so we don't have 100 divisions of the tax code expiring issue. and when you do this broadening of the base and lowering of the rates, which we need to do, i would emphasize don't broaden the base too much. don't try to take stock tax increase in this tax reform. it should be revenue neutral and economic growth will generate more revenue. so be careful with this tax reform. >> when you say don't broaden the base too much, are you saying that you should leave the kinds of exemptions, preferences and deductions that currently exist like mortgage deduction? >> there's really a battle about broadening the base and lowering the rates. some people like to just broaden the base without even changing rates. that's not tax reform the tax reform is where you lower the rates enough, stimulate economic activity, but you don't broaden the base so much that you're kind of a self tax increase i would put that would. w

29% said john taylor. 26% said glenn hubbard. 16% for mankew. these are write ins, by the way. we didn't offer choices. if it's a democratic, janet yellin. larry summers, 20%. allen blinder and bill dudley, 7%. zoom out for a second if you would. i can't imagine he would stick around for another term of shenanigans by our political leadership. that's diane swonk of mesirow financial. what's happened in the last month since the survey, the market has come closer to thinking bernanke has policy right. note that in the march survey 53% said the fed was too easy. 38% saying -- only 38% saying he had it just right. now that number is 51% saying he has it just right. only 8% saying he is too restrictive. guys, what we have here is most of the market thinks bernanke will be gone by the 2014 term when it expires. brian and mandy, i'm sorry. i didn't get any write ins for your guys' names. >> shenanigans putting it politely. >>> brian shactman, you've got more for us. >> hlx. helix energy. about a $2 billion market cap in the oil and gas space. it had good earnings. take a look at the i

john taylor, bob doll and stephen roach. >>> u.s. for business following the three day weekend. among the tasks, ulg see how the markets react to friday's jobs report. also get ready for tomorrow's start to earnings season. first, though, what an end to the masters. bubba watson is wearing the green jacket today after hooking a wedge 30 yards from the pine straw. and winning the second hole of a playoff over louie oosthuizen. it's monday, april 9th, 2012. "squawk box" begins right now.

my name is john taylor. welcome to this very important discussion about the future of housing in america. i am pleased to welcome a distinguished panel of experts to join us in this critical conversation about housing. our panelists this year include joseph smith to my right. the former banking commissioner. hold your applause. that will save us time. he received critical acclaim for his work on anti predatory lending laws. he's been appointed as the monitor. franklin raines is to my left. once served as the director for president clinton. best known as the former ceo of fannie mae. he has also served on the federal reserve board. he is on my far right. working for the republican senator from alabama. on my left, he has represented low-income owners forever. his current lay a counselor to the national consumer law center. former mayor of new orleans. former ceo of the national urban league. has become a respected national organization. they're asking if we have the ability to make an inclusive society. that

. >> reporter: unitedbut even as a nursing professor at johns hopkins, taylor didn't know all of her s. >> i was unsure. hino idea. >> reporter: then she was introduced to dr. john rad. >> oftentimes plastic surgeons will tell patients that implants are really their only option. and that's really not true. >> reporter: dr. rad told taylor she was the new patient for a -- perfect patient from a new love handle option. doctors would take the fat from her hip to her breast. >> i was all over it. i even jumped off the table to show him i had what he needed. >> nobody likes love handles. and to be able to rebuild breast tissues completely, and slim the waistline even more. that's something what that is-- that is attractive to patients. >> reporter: the surgery is complex. and dr. rad is one of the only doctors to perform it. 18 months after surgery, taylor is enjoying her new body and hopes other women find options. >> the fact that it was me was just totally the perfect touch. >> reporter: monique griego, wjz eyewitness news. >> the love handle surgery and all reconstruction procedures ar

john taylor. even me. as there's a cover, custer do not have a book and we do not have one until july, of the 4% solution which is the book, president bush alluded to earlier today that the bush institute is publishing that has 21 chapters and a foreward by president bush, five nobel prize winners. as well as a terrific, canractive mpa thap where you see where everyone is going from they leave california to go to low-tax states. it is my pleasure to introduce our next speaker. who camae te to "the wall street journal" in 1980 and is now emerged as probably the most harmful man in america. [laughter] as the the editor of the "the wall street journal" editorial page. in 2010, he won the prestigious bradley award, which goes to somebody who has made major contributions to the promotion of liberal democracy. take it away. [applause] >> thank you very much, jim. and thank you, ladies and gentlemen. it is great to be here with so many friends and people i admire and contributors to the journal. i might add, spec

when you think about people like john taylor, he would argue that the causes are not so different. in fact, that the causes were misbehavior by the central bank. that's a controversial position, as you know. but the point is that there were financial issues involved in the '80-'82 recession and there are financial issues involved now. i think this is a different animal. ken rogauf -- he's a great guy and great economist and i think any point he makes you want to take seriously. >> but -- there's a but coming? >> there's not a but. even if you -- i should say even instead of but. even if you take that as a given whark do you do about it? the issue is we probably haven't done the right thing. and the reason i would focus on that is not so much as a criticism of the current administration. things were tough when they came in. things were tough when we left. and everybody was trying to do the right thing. the problem is that there's a tendency to focus on what is expedient rather than what is effective. economists, i think, ought to be a bit more humble. we just don't know how to fix t

rest of the day, please make sure you see the books that are for sale by people like karl rove, john taylorbush alluded to earlier that crown books is publishing, that is really all about what we're talking about today. there is a terrific interactive map that travis brown has fought to put together where you can see where everyone is going when they leave california to go to low tax states. it is my pleasure to introduce our next speaker, who came to the wall street journal in 1980 and is now emerged as probably the most powerful man in america. [laughter] the editor of the wall street journal editorial page. in 2010, he won the prestigious bradley award, which goes to someone who has made a major contribution to the promotion of liberal democracy. paul, take it away. [applause] >> thank you very much, jim, and thank you, ladies and gentlemen. it is so nice to be here with so many friends and contributors to the journal, and my dad, especially -- and might i add, especially sources. we're really grateful to our sources. i'm really glad to introduce our next speaker, congressman paul ryan.

[inaudible conversations] [inaudible conversations] i just want to say my name is john taylor. i am the president of the investment coalition. welcome to this discussion about the future of housing in america. i am pleased to welcome our distinguished panel of experts to join us in this critical discussion about housing, the mortgage market, and foreclosure. our panelists include joseph smith. he is the forming banking commissioner of north carolina. if you hold your applause -- [applause] [applause] [laughter] [laughter] >> if you could hold your applause until we get to the end of our introductions, i would appreciate that. he really received critical acclaim for his work and his work in north carolina anti-predatory lending laws. most important, he has appointed the north carolina monitor. franklin raines to my left. franklin raines is a rhodes scholar. he once served at the omb director under president clinton and is also recognized as a first african american is a partner and the former ceo of fannie mae. to my left also is hubert van tol, hubert is the director of economi

i just want to say my name is john taylor, president and ceo of the national coalition.welcome to this important discussion about the center of housing. the experts will join us in this critical conversation about homeownership, mortgage market and foreclosure. our panelists this year include joseph smith to my right, the former banking commissioner of north carolina, critical acclaim -- you can also pause. [applause] energy once the path now, but if you can hold the applause -- [laughter] until we get through the six speakers, that would save us some time. i appreciate that. he received critical acclaim for his work and north carolina is the predatory lending laws most important has been appointed by the states attorney general for the monitor. we now call mr. monitor that $25 billion agreement. franklin raines to my left, farmer wrote caller once served as the omb to her for president clinton and is also recognized as the first african-american to become a partner of the private wall street firm and the former ceo of the government enterprise at fannie mae. so to my al

but when asked recently about taylor, coach john harbaugh said he believes in tirod's ability. >> absolutelyerybody competes for every spot, every year, every practice. and tirod is no different. but we like him a lot. >> flacco has started every ravens game since he was drafted five years ago. tirod taylor appeared in just three games last season. he completed the one pass that he threw. >>> to the baseball birds. good season for the orioles. they sit in first place. they'll continue a long road trip with another game against the white sox in chicago tonight. and tommy hunter is the o's starting pitcher. o's pitching looking good. ranked among the best in the league so far. and a big reason for their record. o's hitters are going to face white sox right-hander. nick markakis is the designated hitter. tonight, first pitch, 8:10p.m. >>> nolan reimold continues -- hopes to continue his hot streak. he came into the season as a question mark as a regular in the lineup. he's answering another highlight catch. and at bat, none hotter than nolan reimold. he has homered now in four straight games. a

i just want to say, my name is john taylor, president and ceo of the national reinvestment coalition.come to this import discussion about the future of housing in america. scrc is pleased to welcome a distinguished panel about housing. homeownership, mortgage market, mortgage foreclosures. our panelists this year include joseph smith, a former banking commissioner of north carolina. if you could hold your applause. if you could hold your applause until the end, that would save us some time. appreciate that. he received critical acclaim for his work in pushing north carolina's anti-predatory lending laws, but important, appointed by the state attorney general to be the monitor of the recently-approved $25 billion agreement between the ag and five banks. franklin raines to my left is a scholar, once served as the omb director for president clinton, and is recognized as the first african-american to be a partner of a private wall street firm. perhaps best known for being the former ceo of fannie mae. to my left also is the director of economic justice for capstone, anncrc member organiza

taylor elementary school, frank mccoppin elementary school, john chin elementary school, lafayette elementary school, new traditions elementary school, shermin elementary school and aowla elementary school. would you give them a round of applause, please? we haven't verified this but we think this is, per capita, probably the greatest number of schools of any city in california and we want to congratulate not only the principals, but the teacher, the paraprofessionals and absolutely the students and parents at each one of these schools for their extraordinary efforts in achieving this designation. according to the california department of education, the distinguished schools program focuses on california's students and their entitlement to an equitable and rigorous education, which fits squarely with our strategic plan. the program identifies and honors schools that have demonstrated educational excellence for all students and progress in narrowing the achievement gap so on behalf of all of us in the school district, a hearty congratulations to our schools. i'm also very, very happy to announ

. >> reporter: four days a week, john hops on his bike and rides the six miles from his san jose home to bertha taylor elementary. >> chapter one, you go to page one. >> reporter: it is here, just outside the door of a second grade classroom that john gets to work. >> you come to woa word you don know, just ask me, okay? >> reporter: helping struggling students with their reading and math. >> do you know what that means, drum up business? >> reporter: helping overburdened teachers we their ever-ingreasing work load. >> i feel it is so worthwhile, and i get -- i have a feeling of fulfillment that i was able to reach some of these kids. like they are working on their individual white boards here. >> reporter: grandpa john, as many of the kids call him is part of the foster grand parent program run by the local senior council. >> reporter: each one sharing the experience and knowledge only a full life can teach. in john's case after a stint in the marines and tour in vietnam, it was on to sawing is he isful career in the aerospace industry. he says making concepts understandable to the average person is

wined and dined on lafayette square at dolley madison's house, at john gadsby's house, and at daniel webster's house and benjamin taylor's house. webster was secretary of state at this time and owned the house just a few doors west of here, the site of the chamber of commerce building today. the talows lived on the same lane as dolly and july they -- julie would occasionally forward notes to dolly asking if he might borrow paul for her dinner parties. the soirees at all of these fine homes could not have been grander thanks to household staff like paul jennings, nancy syphax and at webster's cook monica mccarty. all three of these individuals were about the same age. jennings and syphax each had a connection to a president and his virginia plantation. nancy syphax, like her mother before her, having been born at mt. vernon. monica mccarty had been offered for sale years before to daniel webster. she was a very talented cook. but webster replied that he could never own a slave, but he would pay mccarty's purchase price and have her work it off as his employee. one imagines the friendship, the alternate culture going on am

. ♪ jennifer hudson, james taylor, elton john, and -- >> channing tatum, who i know you're dying to see on, unfortunately, katie, because you were asking about that. >> reporter: that's not true. wait a second here. you're making me blush. >> it's a good thing. >> that used to be my gig, taking the shirt off. not anymore. >> reporter: those days are over? >> still works. >> still works. >> reporter: and they're still working together. ♪ try sometimes >> reporter: for a cause they all believe in. ♪ you get what you need >> it was a great concert. sometimes you actually can get what you want. trudie and sting's foundation has raised $30 million. it's now in 23 countries. i have a scoop for you guys. sting is actually writing a new musical about the last -- about the last ship and the shipyard town he grew up in, which is wallson, england. that's what he's been up to. he's writing a musical. >> that's about as star-studded an event as you can get. they kept coming. >> it was really, really fun. >> and they've stuck by this for so long. >> i know. this is not just something to enhance their

taylor, paul jennings and the madisons. this hour-long event took place at st. john's church on the edge of presidents park. >>> thank you. we have just learned about -- thank you. we've just learned about an important space in the history of decatur house in the nation's capital in our last presentation. now we'll hear about one of the many owners of the house, john gadsby along with his business interest in washington and how he associated with the slave trade. as katherine mentioned this morning, we do know the names of those enslaved men, women and children living in the decatur house quarters. when the quarters played a role in the slave trade remains illusive. the early results show an enterprise that predates gadsby's residency on the square. it raises questions that seek resolution as her work goes forward in the future. alexandra came to the white house historical association by way of a national trust internship that she served while concluding the graduate program in public history at american university. now on our staff, she has an opportunity to continue this exciting research. please welcome alexandra lane.

taylor. also joining us john nichols, author of "uprising."and works out of wisconsin, but joins us from denver. thank you for being here. john, i want to start with you since are you new to our table, via satellite. rick santorum this week is saying he won't be unrealistic about staying in the race, but i wonder, if santorum loses wisconsin is this the end of santorum's campaign? >> it's pretty close to that. rick santorum has gone in in a big way in wisconsin. he campaigned hard, went to the right places, has gone to the factory towns of wisconsin's eastern shore along lake michigan. those are traditional, blue collar and very overwhelmingly catholic areas where he thought he would make a real break through. he cap pained hard with the burgeoning religious right in wisconsin. to be honest, he hit the ground well. went bowling in sheboygan, or fond du lac and hit three strikes. people said this guy, doing it right. the problem is that mitt romney really recognized the threat of wisconsin. wisconsin is a maverick state. tends to vote renegade.

. >> taylor swift won top prize for the second year. as johnad a lot of live music and a few unexpected faces. >> reporter: there were, of course, plenty of cowboy hats at the academy of country music awards in las vegas, but carrie underwood's rocking opening act showed how blurry the line between country and block can be. ♪ >> reporter: the line between genres that blur your still when the '70s rock band kiss in full makeup and metal-studded regalia took the stage as award presenters. >> lady antebellum! >> reporter: kiss has not actually gone country, but lionel richie may have. the r&b star who started off in motown in the '60s shared the stage with blake shelton, named top male vocalist. ♪ again and again now >> reporter: ashton kutcher star of "two and a half men" showed up with a big hat and a big belt buckle. his job was to present an award but he couldn't resist singing. ♪ give all i've got to give to make all your dreams come true ♪ >> reporter: when the country stars paused to focus attention on fighting child hunger -- ♪ imagine all

john edwards' try. andrew young testified yesterday under cross-examination, young said most of the nearly $1 million in cash donations prosecutors used to hide mistresses went to renovate. >>> former liberian president charles taylor has been found guilty of helping rebels in sierra leone. the verdict was announced yesterday. he's the first head of state since world war ii to be convicted by an international court. he'll be sentenced next month. >>> coming up next, touch and go. pilots struggle to land airplaning in extremely high winds. this is the "cbs morning news." now you can brew over ice for delicious iced coffee or tea. hot or cold, keurig is the way to brew everyone's favorite cup in under a minute. choose, brew, enjoy. keurig. did you know when heartburn, it's too late to take prilosec because... but it's but zantac® works differently. it relieves heartburn in as little as 30 minutes. in fact, so, when heartburn strikes, try zantac® this has been medifacts for zantac® >>> some truly stomach-turning landings in spain yesterday. aren't you glad you weren't on one of these flights? wind gusts reaching 60 miles an hour caused serious problems. at least four flights had to be diverted. thanks to great pilots,

taylor swift and president george w. bush. >>> national review fires john derbishire.lly made a decision to release their long-time columnist after this column written about giving the talk to nonblack young people, and the talk included saying things like don't be in places where large groups of african-americans are, and don't attend events that draw a lot of black folks. what do you think about this decision by "the national review." >> i must say this. and you know they have never been a fan of mine. but when trayvon happened, a clock can be right twice the day, and i want to return the favor. they were right on this. >> we will go now to alex witt. i wish i had an egg for you to open. >> i do too. we have eastery colors, and i love your hat. here we go. this is really sad news we share as you mentioned, the passing of news legend mike wallace. we'll talk with harry smith who worked with wallace for years and look at aspects of his career that you might not have known about. and the arrest of the suspects in the tulsa, oklahoma, shootings, what was their motive. we

taylor. an international court said he helped sierra leone rebels commit war crimes and he's set to be sentenced next month. >>> attorneys for johnds are attacking the credibility of his former aide. andrew young is the star witness in the trial against edwards. he's accused of using political donations to cover up an affair. >>> political buzz is your rapid fire look at the best political topics of the day. three questions, 30 seconds on the clock. playing with us today, sirrious xm radio host and comedian and all-around pete guy, pete dominic and cnn contributor, will cain, another smart guy and chris moody, you too, from yahoo! news, he's in the middle. welcome to all of you. >> thank you. >> first question, cnn affiliate in seattle quotes a source who said secret service agents got wasted in el salvador ahead of president obama's visit there last year. they partied with strippers. they took the strippers to their hotel rooms and even said we do this all the time. don't worry about it. the secret service is offering no comment this morning to cnn, but the question for you, is this more evidence of a cultural problem? will? >>

the former president of liberia, charles taylor, guilty of supporting rebels that slaughtered tens of thousands of people in sierra leone. >>> back here at home, johnedwards' trial. analysts say young's credibility is key to the prosecution's case. >>> and a big medical headline this morning. researchers at harvard have found that eating blueberries and strawberries each week can help prevent memory loss later in life. slowing mental decline in women by as much as 2 1/2 years. they say one cup of strawberries or half a cup of blueberries can do the trick. >>> and speaking of the human brain, scientists have uncovered new evidence showing that our brains don't fully mature until we're 24 years old. now, i have a peanut gallery for the news. they say the adolescent brain before 24, far more prone to risky behavior and more to deal with drugs and alcohol. >>> here in new york, an exhilaratingpectacle. take alook. one world trade center, quickly reaching up towards the sky at ground zero. one day, it will surpass the height of the empire state building and reclaim the title, tallest building in new york city. when it's finished next year, the tip of it

john breaux to join the commission on the future of medicare. alice rivlin, senior fellow at the brookings institution and cochaired at the bipartisan policy center's task force on debt reduction. joe aaron it william h. taylorlar -- the williams h. taylor scholar at the american enterprise institute and henry aaron, senior fellow at the brookings institution. brookings institution. you each have five minutes to present your oral testimony. your entire written statement will be made a part of the record. senator breaux come you're not recognize for five minutes. >> thank you very much, mr. breaux for inviting me. ranking member p. stark and i have been involved in this for many, many years. thank you for inviting me. jimmy turman tonight served a great capacity with the national bipartisan commission on medicare reform and many of you who have had the privilege of working with in different capacities thank all of you for inviting me to talk about one of the most important issues. and at the same time, one of the most divisive issues either party is going to have to face them that is what do we do at medicare reform? let me say have the privilege of serving in this body for 14 years in the house and 18 and th