>> i think he can make a judgment, perhaps most people would make a judgment, that these breaks that you described are not recesses for fairly obvious reasons. >> i'm talking about the law. >> and i think it raises a -- >> that gets to my next point. how can the payroll tax cut be effective if they were on recess? >> i think the answer to that is by the time when the president makes this judgment he obviously has concluded that the senate is not in a position to be able to act on the nominations and he thinks that -- >> how can they act on nominations which were not given to them in a timely fashion. they got them on december the15 and they did not have the proper paperwork. >> it says the president can fill up all vacancies >> do you think the founders had a two hour recess in mind when they drafted that clause? >> i don't know what they had in mind -- >> but you are a constitutional law expert, what do you think? >> i do not think they had a fixed period in time. >> do you think they thought two hours? >> i don't think that they thought at that level of detail. to the extent they a

judgment here. his is not something that binds you but what i means to say, is he does not feel bound by what your independent judgment may be. what is occurring in the debate is sort of like two trains or ships passing in the night, essentially what the senate and perhaps the house have done, is made a decision to place form over substance and what the president has done is decided to put substance over form when it comes to making a decision in the particular circumstance. >> i thank the gentlemen for his opinion, i'm glad i have a different almamater >> on may 2nd, 2011, there was a letter to voice their disapproval of the consumer protections bureau. there was no disapproval of the director position. rather, the gang of 44 republicans, objected to the fact that the dodd-frank act is now the law of the land. and that the consumer protection, financial protection bureau would be able to protect consumers from debt collectors and pay day less thnders once t director was installed. i want to point y

but that's a personal judgment in any case. a matter of investment, i'm not at all surprised that the uncertainty that future government policies is weighing on businesses. we have a recent paper actually co-written by a member of our panel that shows that uncertainty of government policies is especially high now and given the temporary nature of so many parts of the tax code, so much -- such lack of clarity of what will happen in health care policy, in financial regulatory policy and so on, we think that is weighing on business investment decisions. i would just say quickly that i think the surveys of business suggest that the biggest factor weighing on their hiring and investing is uncertainty about the future demand for their products. and that is sort of circular exercise which is that some businesses spept more and hired more that, would bolster demand for other businesses work and that would have a circle. but i think the biggest source of uncertainty in business and space is what there sales. >> i completely agree with y

he is the only was it who can make that judgment. it is a difficult judgment to make. some of his presidency is not because he does not support the bill. he would like to see them enacted. do we really have a chance to get them through the senate? can we get the house to agree to them? you do not want to spend four weeks in the senate tried to pass a bill. they do not want to see the president sign anything in the rose garden before the election. >> one of the bells you are about to introduce is the clean energy -- bill is the clean energy bill. what is the point of introducing this bill given all the obstacles you just laid out? >> we have been developing a clean energy standard. we have a good proposal to put out there. i am not naive enough to think everyone is going to immediately indicate support. it is a well thought out and streamlined simplified structure that could be used to provide incentives for utilities to move toward cleaner ways toward generating power. the president wanted us to use clean energy by 2035. we tried to structure it that way. the bottom li

i believe this is the wrong judgment. i regret that judgment.this man should have been deported years ago. nonetheless, if we can get that agreement with jordan, he can be on his way. >> would the prime minister agree we need a simpler alternative for our smallest firms for dismissal? >> type in my honorable friend is right to raise this issue. if every small business in the country hires one additional worker, that would go along way to procuring total employment at one stroke. we have got to make it easier for businesses to take people on. one of the key issues is how difficult it is to let someone go if it does not work out, and that is why extending for two years you have to work before you get access to a tribunal i think will make a difference in terms of small-business employment. >> how the italian government's, and german governments are out there fighting for british jobs. can the prime minister tell us exactly how many telephone conversations he had directly with the prime minister about the typhoon bid? >> i raised this issue with th

>> again practically speaking he can make a judgment and perhaps most people would make a judgment that these are not recesses for obvious reasons. >> we are talking about the pro-forma sessions and that raises -- >> this to my next point. how can the payroll tax cut be effective if they were on recess. >> i think the answer to that is by that time when the president makes this judgment he obviously has concluded that the senate is not in the position to act on these nominations and he thinks >> how to the act in a way that wasn't given in a timely fashion? >> they did it on december 17th and they didn't have the proper paperwork. >> let me remind you with the recess appointment will cost. the president the full of all vacancies come so there are vacancies created for one reason or another. and i think under those circumstances he may be able to choose. >> do you feel if they had a two-hour recess in mind. >> i don't know what they had in mind, but i think they didn't have a fixed period in mind. as mcveigh envisioned for hours. >> again i don't think that they were thinking at that lev

"i find nothing in the language or history of the constitution to support the court's judgment. the court simply fashions and announces a new constitutional right for pregnant mothers with scarcely any reason or authority for inn that action to overright most existing state abortion statutes. up shot is that the people in the legislatures of 50 states are constitutionally disentitled to weigh the relative importance of the continued existence and development of the fetus on the one hand against a spectrum of possible impacts on the mother on the other hand. as an exercise in raw judicial power, the court perhaps has authority to do what it does today. but my view, its judgment is an improv dent and extrav gent exercise of the power of the judicial review that the congress extends to this court. final opinion for which byron white is most popularly or unpopularly known is bowers versus hardwick in 1986. speaking for a bare majority, he declined to read into the due process clause a constitutional right for adults to engage in homosexual activity in private. after reviewing the hi

on not sure who actually makes the judgment about whether or not one can see his shadow.ut that is what it is all about. the organizers say up to 20,000 people are supposed to come along for this. and there he is. punxsutawney phil. [cheers and applause] aita know if that groundhog knows what pressured -- i do not know if the ground of knows what pressure he is under. that does look like 15,000 people or so. [crowd chanting] i do not know who makes judgments about whether or not he has cast a shadow or not. i see the mayor is supposed to be there. the various dignitaries turn up. a big occasion for a box of ghani. it annual day in the sun. -- for punxsutawney. its annual day in the sun. now for something more serious, argentina still claims to all the territory of the falkland islands called the malvine a us.ri it has caused bitterness between the two countries. our correspondent joins us live from the falklands. allen, is prince william's deployment being seen in argentina as provocative? >> yes, very much so. it is being seen as a deliberate act of provocation in argent

judgment calls have to be made. i am encouraged that the overwhelming bulk of investors we have been in communication with some of those that we have been in communication with and those outside of the formal umbrella of our steering committee and with whom we have been discussing the broad strategy, we see the benefits of this. we will have to wait and see, of course. it will be up to the greeks, working with their agents, to formalize support. once we see the final details of the offer, we will give support to this deal as best we can. >> thank you very much. >> of course, the great crisis is not an accident. on the one side, is the messianic ambitions of the political class, the other is the alaska to view of what constitutes sound government and good management of the economy. -- the other is the view of what constitutes sound government and good management of the economy. goldman sachs did greece a big favor. now in a report, some of those who did the deal talk publicly. >> the goldman sachs deal was between tw

in our judgment, that would damage economic growth. it would reverse the gains we've achieved at getting more americans back to work and it would put more americans into poverty. a program of severe immediate austerity now is not a growth strategy. we can't cut away economic growth. you have to be very attentive to an economy still healing from the crisis to make sure we're doing things that help growth and not hurt growth in the short run. second, probably more fundamental contrast between the two plans is there some that suggest we restore fiscal balance without raising any additional revenue from anyone. or even by cutting taxes further. now in our judgment, to do so would necessarily entail deep cuts in benefits for retirees and low income americans, cuts in invest ams in education and innovation and hurt growth and cuts in defense spending that would damage our national security interests. so the choice we face is not about whether we should reduce or deficits because we all know we have to do that. it's about how fast we do it, h

of ten percent of our gross national product and quite frankly we can't afford any longer in my judgment to continue to carry this enormous burden of defending forty or fifty countries around the world and so i think we're going to have to dismantle these bases we're going to have to return back from asia come back from the middle east and south asia and i think we'll have to bring the troops home from europe you were writing and speaking out extensively about the bush era in iraq crusade under the banner of ending terror name in the world do you think that crusade is still on or the idea that we're going to end tyranny in the world is utterly utopian we never are we've had tyrants from time immemorial and what the united states should do in my judgment in its foreign policies is build a defense establishment strong enough to protect our vital interests and our vital allies and when problems arise whether it's in zimbabwe or somewhere else the people there have got to deal with their own problems. there's no doubt about it that throughout history tyrants have arisen and seized power in o

european court in stroudsburg there's a backlog of up to eight years and when cases are decided judgments are written bizarre in two thousand and ten the court decided to give prisoners the rights to vote petition by john hirst who spent much of his life behind bars after killing his landlady the u.k. is still refusing to implement the ruling it makes me physically ill it would probably mean to give the vote to anyone who is in prison aside it could also cost of the last time that we looked at this the cost of complying with judgments on the european convention of human rights was about two point one billion pounds a year that's three point three billion dollars plus another two point eight billion in a susi ated one off costs in other areas an immigration ruling means a convicted nigerian rapist gets to stay in the u.k. because of his right to a family life. and most recently the european court of human rights ruled hate preacher abu qatada dubbed bin laden's right hand man in europe can't be deported back to jordan where he's now g. to be released on to the streets of britain this is so

>> i'm very sorry for the honorable gentleman judgment on the ladies diggers are wrong. compared with election there over 620 midwives working in the nhs and there are record numbers in training. we want to do more but we will only be able to do more if we keep funding the nhs and her party is committed to cutting edge, saint nhs funding increases are irresponsible and we will only be able to do if we keep cutting back on the bureaucracy which we're doing this successfully with our reforms, and making sure the money goes into the front end. but there are more midwives. there are more infantry on a freighter figures are wrong.

of abu qatada a dubbed osama bin laden's right hand man in europe it's the latest in a string of judgments that of over ruled domestic decisions reinforcing the opinion that the e.u. is interfering in matters it has nothing to do with and as artie's laura smith reports patience with the e.u. is certainly running thin. a silver in land with its own queen its own currency and its own parliament law was made by someone else this building houses what we in the u.k. call the supremum court but in practice it supremes in name only despite being the highest court in the land when it comes to human rights if you don't like the way your case is gone or you can take his abroad to france and decisions made in strasburg could overrule any may taya the european court of human rights was set up after world war two to avoid the persecution of minorities by the state but now it's been de railed and it was never never anticipated of the second world war after the holocaust off the terrors perpetrated by certain tyrannical governments but the court now would be protecting the criminal and not the victim. de

one thing we'll be trying to do is assess those products and make judgments about whether they're in compliance with the law or not. but we also would like to see a robust competition in this realm. i mean, small dollar loans are needed by people in a different era and maybe in some places still now, they would go to loan sharks. it was dangerous as well as being difficult. nobody wants that. we to want have products be available. we want them to be products that help consumers and not harm consumers. there is i lot of thinking that some of the banking products may be able to be offered on more favorable terms because there may be less risk when they're dealing with their own known customers but we'll see over time how that develops. >> do you have a time frame? >> i don't. >> all right. one other question. one practice i'm concerned about is the manipulation of the order in which checking account transactions are posted for overdraft purposes. consumers consistently state they don't want their transactions posted highest to lowest. is this the sort of practice the cfpb will be takin

the shr system is agnostic to quality judgment, qualitative judgment like management star power unless their actions affect the company's financial help. at mf global is a simple story of a firm's declining performance in 2007 in various measures including revenue performance, rough at ability and service management and others. from 2007 through 2011 mf global revenue declined by 63% from 6.1 billion to 2.2 billion profit declined by 142% from 190,000,002 negative 79. the last 16 quarters of mf global reported losses and the last four saw losses grow by 68% over the prior 12 months. its most recent quarterly report showed a record loss of 191.6 million. without factoring risky trading and euro sovereign debt and other things and that global was unmistakably in declining health number one the issuer paid business model is inherently conflicted make in its objectivity difficult to administer consistently. management of reading companies will try hard to get and keep the best possible ratings. their ratings are better than none. trading analyst don't properly question what they are sold a

he's dumped zama bin laden's right hand man in europe is the latest in a string of questionable judgment sort of over rule domestic decisions so what is your smith explains patience with the e.u. is running thin. with the queen its currency and its parliament was made by someone else if building a house is what we in the u.k. call list supreme court but in practice it supremes in name only despite being the highest court in the land when it comes to human rights if you like the way you ok. is going to hope you can take his abroad to france and decisions made in strasburg over the route any may take. the european court of human rights was set up after world war two to avoid the persecution of minorities by the state but now it's been de railed that it was never never anticipated of the second world war after the holocaust off the terrors perpetrated by certain tyrannical governments but the court now would be protecting the criminal and not the victim. delays in control of a sea have dogged the european court in stroudsburg there's a backlog of up to eight years and when cases are decided

i have to think it is the wrong judgment i regret that judgment.this guy should've been deported years ago. but nevertheless, if we get that agreement with jordan he can be on his way. [inaudible] with the prime minister agree we need a simpler alternative for our smallest firms for dismissal rules? >> i think my honorable friend is right to raise this issue. if every small business in the country hires an additional worker that would go a long way of curing both long-term and youth unemployment at one stroke. we've got to make it easier for businesses to take people on that one of the key considerations businesses have is a difficult it is to let someone go that doesn't work out, and that's why extending to two years the amount of time you have to work of we get access to the tribunal i think can make a real difference in terms of small business employment. >> thank you, mr. speaker.n prime minister repeatedly on my visit to india and in deed, and, indeed, at the g20. but let m just remind her of one important factor when i loaded up an airplane w

because it is a combination of both economic effects and value judgments, again. we can do work about the effects and changes in particular sorts of taxes. as can our colleagues in the staff on taxation for you. but i don't have comparisons to use here. on the second question you asked, the economic effects of extending all the expiring tax provisions would be a little larger than the economic effects of extending all the expiring tax provisions except for the top tax rates. so in the short term, the lower the taxes are in general and the higher spending is in general, that tends to boost the economy, as i said. in the analysis we've done before, we've said that the effects of lowering the top tax rates is smaller on the economy in the short term than the effects of changes in tax rates in the income distribution because hiring people tend to spe spend a smaller share of the money they have. the effects will be smaller dollar for dollar in the short term. in the longer term, it's more complicated n the longer term, what matters importantly, as i said, is not the d

it could cost of the regime the last time that we looked at this the cost of complying with judgments on the european convention of human rights was about two point one billion pounds a year that's three point three billion dollars plus another two point eight billion in assume seated one off costs in other areas an immigration ruling means a convicted nigerian rapist gets to stay in the u.k. because of his right to a family life. and most recently the european court of human rights ruled hate preacher abu qatada dumped bin laden's right hand man in europe can't be deported back to jordan where he's now g. to be released on to the streets of britain this is somebody who stands up and publicly. hatred about everything that our democracy is and stands for and yet we can't get rid of him because of the european convention on human rights sitting in strasburg forty seven judges one from each signatory country so far so far except none of them were elected by the people of the countries they're making law for we've got a system of law and order in this country it's worked for many many yea

i have to think it is the wrong judgment i regret that judgment.this guy should've been deported years ago. but nevertheless, if we get that agreement with jordan he can be on his way. [inaudible] with the prime minister agree we need a simpler alternative for our smallest firms for dismissal rules? >> i think my honorable friend is right to raise this issue. if every small business in the country hires an additional worker that would go a long way of curing both long-term and youth unemployment at one stroke. we've got to make it easier for businesses to take people on that one of the key considerations businesses have is a difficult it is to let someone go that doesn't work out, and that's why extending to two years the amount of time you have to work of we get access to the tribunal i think can make a real difference in terms of small business employment. >> thank you, mr. speaker. we heard from the prime minister how italian government, governments are out there fighting for british jobs. can the prime minister tell us exactly how many -- [inau