markey and senator kerry appear to want that. i don't, and i don't think the american people do, and i don't think the majority of the users of the internet do if you explain the issue to them. what confuses the issue is the term that is used, net neutrality, is something that if you ask people if you're for net neutrality, everybody would answer, yes. but as it's implemented, net neutrality by mr. markey and senator kerry is not, it's not neutral. it's just the opposite. it's a government regulation of the internet. >> host: joe barton is the ranking member of the energy and commerce committee in the house of representatives. congressman, thank you for joining us on "the communicators." >> guest: my pleasure. >> host: well, one of the consumer groups that is very active in the debate on net neutrality is called free press. we also talked with marvin laurie who is the general counsel for that group, and, in fact, he argued on behalf of the group in front of the flee-judge panel. -- three-judge panel. >> host: when you were arguin

even vietnam vet john kerry was taken down on that. >> i served with john kerry. ry served with john kerry. he is not honest. >> he is lying. chris: third is obama's debt connection that may protect him from charges. >> these are the actions of an old-style, died in the wool, big spending liberal commit todd a meverngont that spends and spends and taxes and taxes. chris: the numbers don't show it, so he has to move to the center. >> i think the president would say he is a pragmatist and he ran his campaign -- he would like to do things more liberal or more progressive, but he has a practicing matic strkea and at the end of the day he will figure it out and pitches health care that way. he won't sell himself as a centrist. instead, the way he can slel the middle is saying i'm a pragmatist. chris: we are in april of 2010 and mid-term elections. they knew they have to get to the center? >> this was planned many months ago. they were pushing jobs, jobs, jobs agenda for months now. and they also thought that health care would have been passed a long time ago. i think t

kerry standers is in knoxville, tennessee. think he's taking this seriously enough. >> reporter: i don't think so and if the jury is following the instructions of the judge, they're not watching tv and didn't see that. that comment did not help him. >> they're not sequestered. >> reporter: the whole idea is that he is saying this is just a college prank. i didn't do anything. he used public information, things he got from reading the newspapers, found on the internet, to try to figure out what sarah palin's password was on her yahoo! account and he figured it out. he got in there and changed the e-mail and then took some of the information and posted it on some websites that you have heard of, wiki leaks, but the pictures got out. it was interesting when sarah palin was sitting in the box today. they asked her, how did you find out about this. she said, i'm sitting in michigan on the campaign trail, i look over at the monitor, television program is on and i'm seeing like those are my e-mails and she's looking at the screen sho

nbc's kerry sanders live in augusta for us.s talk about what we're going to see because this is, i mean, he had that statement and we're watching now pictures of tiger in his practice round today, this is the first time that he will answer questions but the reporters who will be there are reporters who were credentialed for the masters. is that correct? >> indeed, it's the reporters, andrea. >> reporter: it's the reporters who are credentialed for the masters before tiger even announced this is where he was going to do his comeback. so that means it's primarily sports reporters. it doesn't mean that they're not going to ask him some tough questions. there may be upwards of maybe 200 people in that room there. no idea how long the actual news conference will go. that may be up to tiger's discretion. but it does mean that most of the reporters in there are going to focus on, perhaps, more sports-related questions rather than the questions about his extra marital affair. as you noted, he has given a statement and he has done two i

kerry, good evening. >> reporter: well, good evening, lester. mighty oaks upended, cars tossed, literally, like toys. the mangled metal of the frame of a mobile home. it's remarkable anybody in the path of these tornados survived. regina weeks -- >> we're -- we're -- we're okay. we're okay. >> reporter: -- still can't believe it. when she saw the tornado through her window, she herded five members of her family into a bathroom. >> we ran with the babies. >> reporter: everyone crouched with pillows over their heads. >> it was the only one that didn't have the ceiling taken. >> this was the dining area. >> reporter: jean oswalt also survived. >> all i heard was a boom, boom, boom! like an explosion. >> reporter: she dove into the new addition on her house, a christmas present from her son. >> a portrait. >> reporter: he's star houston astros pitcher, ray oswalt. today, just like everyone else, helping clean up. you had been in this room right here? >> right here. >> reporter: victor-ann steel was on the phone with her granddaughter. >> i told my g

first mill creek, mississippi, where kerry sanders is standing by for us.ficult morning for the residents there. what are they saying? >> reporter: well, of course, a lot of sadness. five of the deaths were right in this area in mill creek here in mississippi. and, well, look at the devastation. there is an amazing story, as well, here. when this trailer was picked up and moved about 30 feet, inside was a 13-year-old girl by the name of ann. she was actually blown out of the trailer and into the tree over here, and there you can see the chevy trail blazer that's also up in the tree so, a tremendous power. her name is ann pipmany and i can't help she had an epiphany when she woke up and realized she was not dead. chris, a supervisor in the county. where were you when this hit, and i see the death and destruction here. how do you feel about what's happened to your community? >> well, it's a lot of destruction. we were truly blessed with the destruction that we had not to have the five deaths and our hearts and prayers go out to the families. i was in a storm

here's a hint, kerry. donny deutsch says this ad is brilliant. >> i call it a faker. >> thaemplt the blogs -- people are lighting up the blogs and you can twitter me what you think. >>> toy he yoet has now issued a statement in response to a damaging internal e-mail that has surfaced. the e-mail was written by a now retired toyota executive. it it raising new questions about toyota's response to safety problems with its vehicles and we get the details now from phil lee bow in chicago. >> another damaging piece of information regarding toyota and whether or not it was dragging it's feet in terms of alerting the public for 2.3 million vehicles, the damaging information comes from this company e-mail cents from an executive five days before the company rrled 2.3 million vehicles. in the e-mail irv miller, who retired from toyota, says i hate to break this to us, but we have a tendency for mechanical fail near accelerator pedals off a certain manufacturer on certain mol models. we need to come clean. the world

there is a warning from senator kerry, one of the real prime movers on this, and also you yourself inn interview with politico suggesting that if congress does not move on this legislation that there are steps, administrative steps that the white house can take. what can the administration do without the force of the legislation passing? >> well, the administration believes that legislation is very important because what we want to do is create a new clean energy future for this country. we need to break our dependence on foreign oil, create a new generation of clean-energy jobs and put a cap on the dangerous carbon pollution. there was a supreme court decision several years ago. epa has been found to have the authority to regulate green house gases and obviously we have to take seriously a supreme court decision, and i have confidence at least that jackson will do that in a thoughtful manner. but in the meantime, what we want for the people of this country is a new energy roadmap. we want to compete in the global clean energy revolution, and that means creating jobs here at home if w

>> kerry sanders in augusta, georgia. thanks. >>> a lot of people on the west coast are being warned to be ready for aftershocks after yesterday's powerful 7.2 earthquake that left at least two people dead. the quake was centered in mexico but felt by an estimated 25 million americans as far away as arizona and nevada, but mostly in southern california where tonight our own george lewis is near the epicenter. george, good evening. >> reporter: good evening, brian. building inspectors have said 80% of the buildings in calexico, california, are unsafe to enter. a blow to a community hard hit by the recession. as inspectors surveyed the extensive damage, merchants began cleaning up. at the 99 cent store goods were strewn all over the aisles while clerks tried to keep the business going. there is plenty of home video when the earthquake hit, panic in the streets of mexicali. on twitter, a sloshing swimming pool in california. it is remarkable that no one of the u.s. side of the border was killed. it was a different story sout

that is where kerry sanders is live for us., tell us about what you're seeing there today. >> reporter: monica, what a mess. it's really hard to believe. two days and still sinking in to the residents here. about 700 homes in mississippi either damaged or destroyed. just look at this. you get a really good understanding as to why when you look at the statistics and realize at one point one of the twisters on the ground here was a mile and a half wide. it was a monster. >> it keeps changing shape, bigger, wider. >> reporter: the storm chasers were just a little too close. they made it out alive n others were not as lucky when as many as 30 tornadoes touched down across the southeast. yazoo city, mississippi was hard hit. nearby in mill springs, some of the worst destruction. j.w. carter lost two grandchildren when they were ripped from their father's arms. >> he said he grabbed the kids and tried to get on top of him and keep them in his arms but the wind lifted them off. >> reporter: also amazing stories of survivor. she heard

but senator kerry, longtime advocate of cleaning up the environment, lindsey graham, national security, energy independent, senator lieberman, similarly sees it as a security issue as much as it's a climate issue. they share these -- these priorities. each one is motivated a little bit differently by one or the other. but what it did was it got them all together. and what we are likely to see is legislation, somewhat like health care, in that it is a true compromise, so you can't peel it apart. you can't just say, well, we'll do the easy stuff and the popular stuff and not do the other. and what it involves is the democrats at its heart. the democrats get their tax on carbon, which will make alternative fuels instantly more valuable. if there is a tax or fee on carbon. they finally get that. and then the conservatives, the republicans, the coal state folks, they get billions and billions of dollars to try to develop new technology to make coal viable in the future, to make it cleaner. and the nuclear sector has a rebirth. gwen: but you said this is like the health care bill in some res

kerry has been keeping an eye on things down there. kerry. >> reporter: tiger woods had said he would moderate his behavior and tone things down both on and off the golf course and then there was the 6th hole yesterday where he used language not normally associated with this genteel sport and oh, yeah, it was on tv live, no delay. it's as if tiger woods were never involved in a scandal as if his alleged dozen plus extra marital affairs never happened. less than seven and a half weeks ago the 34-year-old had said he would take an indefinite leave from golf. >> i do plan to return to golf one day. i just don't know when that day will be. >> reporter: now he's at the masters and tiger woods' damaged reputation and all is quieting critics who assumed the distractions would ruin his golf game. golf fan attending the masters say they're mostly over the scandal and tired, they say, of the details and instead anxious to watch tiger play golf. so what do you think of him now? >> same thing i thought before. i think he's the greatest golfer in t

kerry sanders, thanks so much. more from you later. >>> now to that deadly oil rig explosion in the gulf of mexico. the coast guard suspended its three-day search for 11 missing oil workers they believe never made it off the burning platform. anna thompson with the latest. good morning. >> reporter: today officials are going to focus their attention on two different issues, first of all, they are going to search for that missing oil rig. it sunk on thursday. officials don't know where it is. they presume it's somewhere on the bottom of the ocean floor. but they hope to find the deep water horizon because they believe that may give them some clues as to why the mobile drilling rig went up in flames on tuesday. the second thing they're going to do is obviously try to contain any potential environmental damage from the fire and try to prevent a big oil spill. right now on the gulf of mexico, in the area of the oil rig, you can see a sheen on the water of oil. at times it has been as large as 100 square miles. the good

there you go, kerry sanders. we'll talk to you again.nks so much. >> reporter: thank you. >>> terrorism takes the focus in washington when leaders begin gathering at the white house for a global summit on nuclear security. president obama is pushing a new effort that aims to secure nuclear material worldwide and keep it out of would-be attackers. general barry mccaffrey, msnbc analyst. good to have you, as always. >> morning, alex. >> we have the president laying out this four-year time frame to secure the loose nuclear material. what kind of material is he talking about? and when you talk about trying to secure loose material, do you even know where it all is? >> well, you set the question up appropriately. the feeling of the entire area, weapons of mass destruction, some 12,000 russian nukes, 9,400 russian/u.s. nukes, they're not the major let to international security. there's maybe 250 metric tons of plutonium floating around somewhere in the world and literally millions of pounds of highly enriched uranium. out of all this, you have

nbc's kerry sanders joins us live now from the fan entrance at augusta.rstand you're going to give us a little bit of a tour since we have to live vicariously through you. we'd never get media credentials. at least i wouldn't. >> >> reporter: it's exciting to be here. inside, amazing. outside, a lot of energy. what's interesting, at this hour, there are fans you'll see, a lot of fans are walking in, fans are also walking out. the reason they're walking out is because tiger woods is done for the day. so many people here are drawn to see tiger woods on the links. yesterday there was this picture. take a look at this. this is maybe a little bit odd because, first of all, nobody's supposed to have cell phones, including the players. but there he was texting away. if you think about the history of his marital or extramarital affairs and all the texting and texts that have been released, it seemed a little odd. he later said he was there with mark o mare ra, the other player, and they were shooting video with the cell phone. bottom line, certainly an odd moment

. >> kerry. >> it sounds like there will be some spending cuts. how are you going to explain this to the people back home in the 41st zrick that there are certain programs we've had and now we're not going to be able to afford them? >> since you know the appropriations process, it's obvious that in recent months we've escalated our spending levels in every category of government at such a rate that nobody can imagine how we got there. and the public doesn't know it yet because the pipelines are stuffed with money. so we can increase that pattern i think very effectively without that political fallback that people are concerned about. cut back on the increase that is have been so radical in the last 18 months. >> is that going to be enough? looking at the gap between what we take in and what we spend, do you think that there will have to be real cuts in real programs? >> it seems to me that there are programs that haven't worked. you cut those programs. but also, to get to the other end, there's no doubt that in the shrinking world, our force ought

kerry sanders, thank you very much. we're back after these messages., ripe blueberries, y packed with th-those antioxidants that are good for ya. tastes real good, too! to give you an idea, let's whip up a quick sample. or you could just try this. [ chuckles ] yeah. ocean spray blueberry juice drinks. real blueberries, real good. have you tried honey bunches of oats yet? every spoonful is a little different. mmm. they got three kinds of flakes. this is delicious. it's the perfect combination of sweet and crispy. i love it. this is so good. this is great. the magic's in the mix. and i went in to an h&r block. they found an education credit that i missed. my refund was $2000 more than what i had found on my own. you don't know what you don't know, and that's why you go to h&r block. get it right. h&r block. a breakthrough gel that transforms into an active foam. it not only helps prevent cavities, it whitens 33% better between teeth. aquafresh iso-active whitening. amazing. bill gates, waren buffett and condoleezza rice, one of the first words that come

nbc's kerry sanders following all the action from augusta for us.erry, with another good morning, a near five-month break from golf does not seem to be slowing tiger down so how is he doing out there? >> reporter: he's doing amazing. he's tied for third. he's 8 under par. it's very clear that he is in the hunt for his fifth green jacket. it's as if tiger woods were never involved in a scandal, as if his alleged dozen-plus extramarital affairs never happened. less than 7 1/2 yankees ago the 34-year-old had said he would take an indefinite leave from golf. >> i do plan to return to golf one day. i just don't know when that day will be. >> reporter: now he's at the masters and tiger woods' damaged reputation and all is quieting critics who assumed the distractions would ruin his golf game. golf fans attending the masters say they're mostly over the scandal, tired, they say, of the details. instead, anxious to watch tiger play golf. so what do you think of him now? >> the same thing i thought before. i think he's the great eest golr in the world. >> i f

kerry, thanks. >> thank you, kerry. >> can you come back over the next couple weeks and give us an updatethank you very much. >> bid online. >> because that way we can say we're trying to help but we can monitor this justin bieber thing. >> i want to get the oprah. >> people paying to be with you. >> i want to get on the oprah thing. >> my mother bids on it. >> spring auction at rfk center.org. coming up next, austin goolsbee. with expedia, when you book your flight and hotel at the same time, voilÀ, you could save up to 450 bucks. and that could come in pretty handy. where you book matters. expedia. ♪ (announcer) right now, all over the country, discover card customers are getting five percent cashback bonus at home improvement stores. it pays to get more, it pays to discover. ♪ >>> welcome back to "morning joe." it's the top of the hour. let's go to chicago right now and talk to the white house economic adviser who has been labeled in the midwest after his last "morning joe" appearance mr. vat tax. i speak of austan goolsbee. >> give me a break. >> i love it. >> that's not how you start

the subcommittee holds the first of four hearings tomorrow, and wamu's former ceo kerry killinger will be one of those to testify. he was fired in 2008 just before the fdic took over wamu, and jpmorgan bought the banks assets in what some say was the steal or deal of the financial crisis. >> mary, wamu, their senior management knew? >> they did. they did know what the report shows is a number of e-mails to, in some cases the audit committees of the board about these lacks practices at a variety at the subprime lender, as well as some of the prime operations. >> and where were the regulators? >> the regulators were notified. as i said in my report, both the fdic and otc were notified of these, i guess you could say, shoddy practices, but but they didn't do a lot about it. the regulators will get to say their part on friday, because they're being brought to testify before the subcommittee on friday. >> this is a front-page story. >> it will. >> unbelievable. more corruption in that area. mary thompson, thank you ever so much. >>> let us turn to what i am calling cowboy monetarism. in sho

the tax code must reflect this shift hand senator kerry's other mobile cell phone act would make a muchy eliminating the outdated record keeping, in a day and age when the wireless device was called a car phone and a minute of airtime caused an order of magnitude more than a minute of use does today. requiring every person with an employer provided device to comply with detailed call by call record keeping requirements might have made sense in the late 1980's, but it sure doesn't make sense today. i will just say the wireless industry looks forward to working with congress, the f.c.c. and other stakeholders to ensure that every american consumer and business has access to robust, mobile broadband service. by adopting the national broadband plan's spectrum recommendations, updating our tax policies an continuing a strong commitment to encouraging private investment, we can make that vision a reality. i appreciate the opportunity to share these thoughts and i look forward to your questions. >> thank you very much. mr. huvel. [speaking in french] >> i couldn't pass it up. >> i told you he

kerri ankle is here to answer your plants and gardening questions. >> there were tears in airports around the world today as planes gradually took off after five days of being grounded. however, not all airports have resumed activity. some remain closed for least another day. there also fears of another eruption. the challenge of getting off lights back on track could take days. more than 95,000 flights were canceled last week alone. covering the nation, we continue to piece together why a gunman opened fire at a hospital in tennessee. it happened yesterday. he started shooting in an area where patients are released. he shot three women and then turned the gun on himself. space shuttle discovery is finally home. the skies were clear enough for the shuttle to land in florida. this particular mission to the international space station took 15 days to complete. a founding member of the civil rights movement has passed away. dorothy died this morning at howard university hospital in washington d.c. she is seen here receiving the congressional gold medal. she served as the longtime president o

the deep fallacy in things like joe biden, john kerry, and others, that they have this objection to abortion as a rigid -- as a religious conviction, but they cannot impose their private belief. it was not communal. it was not based on any truth of embryology or any reasoning apart from their cells. the only way to deal with that is to do pieces on it to expose it. i would like to stick up for myself. there are no moral truths or absolute truths, which is how we've understand constitutional freedom now. we have freedom because there are no moral truths to constrain us. lincoln said that that doctrine of the rightness of self- government was absolutely and eternally true, grounded in something enduring in the nature of human beings which made it unfit for them to -- the way god may rule horses and men. that nature subsists. now, if you say that there are no truths, and dogmatic relativists who insists that insists that relativism is true -- if there are no moral truths, there are no moral truths that underlie the commitment to constitutionalism itself. then it is only contingent in true -- co

. >> i'm kerry washington, and public broadcasting is my source for intelligent connections to my community. >> bbc world news was presented by kcet, los angeles.

kerry cavanaugh has the medical alert. >> an adult from the baltimore area is the latest casualty from the swine flu in our state. local health officials say there is still time to protect yourself and your family for a possible third wave of the swine flu. >> the mild weather is drying families outside. >> i am not worried about it. >> it is too soon to draw up a guard on the swine flu. there is a resurgence and the deputy secretary for mental health and hygiene says of the virus is still a concern in our state. we just recorded other 40 fit swine flu debt. >> it is not clear if this could be a return of a third wave. it is not easy to predict this virus. it is something that we want to stay on top of. >> 1 in four millan lunarylande got the vaccine. it is not too late to vaccinate your child of what could be several more months of swine flu season. >> this virus represents a threat to children, five times the normal seasonal flu. do not take it lightly. >> not everyone believes the benefits of the vaccine outweigh the potential risk. >> i heard it from you. i did not know that it is

. >> a lot going on there and get this, kerry has three other children and in each pregnancy, she gainedbout 60-pounds. in that surprise pregnancy, she only gained 10. more on the 911 call and how the family dealt with the backlash coming up at 10:00. >>> and we are working on stories for you new at 6:00. the murder of a vietnam veteran shines a spotlight on the waiverly neighborhood. coming up, we will show you how business owners there will not let a crime de trail. >>> and how you might find relief and now a preview of what's coming up on world news at 6:30. >>> coming up on world news, behind the veal, a mother in the limelight, what does she do? she challenges the most powerful authority, risking everything and she is our person of the week. [ male announcer ] are you watching cable? here's what you should be watching: your cable bill, because you could be paying way too much. stop spending more for second best. upgrade to verizon fios and get tv, internet and phone, for just $69.99 a month for six months -- three top-rated services for one rock-bottom price. but don't wait, this is

>> kerry, anyone claiming responsibility for that sign yet? >> reporter: no, and if i can say, i didn't think it was that funny. there are better plays on words to use. it flew over and a lot of people were like, mm-hmm. okay. >> thanks as always. we'll continue following tiger's game today. >>> coming up this hour we'll have more on tiger's return. is woods really back on course? for now, ed, back over to you. >> i tell you what, monica, if he is at under par after the first round that is a very dangerous place for other golfers to be. i tell you what, if he's under par after the first round he's going to get on a roll and he's got a chance at winning this thing. the first round is going to be the key. it's going to be fun to watch. >> everybody will be watching for sure. >>> a total of 18 states are now part of a lawsuit against the federal government challenging the new health care reform law. led by florida, the suit claims the law is unconstitutional because it forces americans to purchase health insurance or pay a penalty. the attorney g

for me, as senator kerry was kind enough to mention -- i have always tried to do more with less because when i started less was the order of the day. i would like to talk a little bit about what we tried to do. you talked about reducing the price of aids medicine. generic medicine was $500 a year. it is now about $120 a year. pediatric medicine is now down to $50 a year. that is the biggest drop. thanks to the gates foundation, the high quality malaria medicine that was about $9 a dose is now down to 50 cents a dose. by the way, that is harder to do with malaria than with antiviral to make it work. we have lowered the cost of laboratory tests and equipment for tests. we just succeeded in getting our first agreement with a major pharmaceutical company, pfizer, which produces the only drug that we know of that you can take to treat tuberculosis if you also are hiv-positive. it does not make you so sick you cannot function. they give us a discount to buy in volume for people in developing countries. when i asked them why they did this, the new president said, "i realized we had a marketing

. >> does it have kitty kerry type revelations about senators, dining rooms, stuff like that? >> it looks at the 2006 class that took over the senate, the democratic class that took over the senate in 2006 and how they try make their way over trying to live up to the promises they made in that campaign. and how difficult that is because the senate is such a strange institution. >> but also referred to, untold. that collection is college -- >> that's the comedy. it is particularly not. for a long time it was partisan and continued to be that. when the majority leader is accusing the minority leader of the united states senate of having a meeting with wall street bankers and using it as kind of a slur, you know something's combon seriously, seriously wrong. >> especially when those bankers helped them enormously to get them elected with money. >> that's what we're talking about. >> chuck lewis, do you get the feeling the president has turned some kind of corner, that his star is rising? >> certainly the white house likes to think that is the case -- >> i was wondering what the n

more recent examples of kerry and mccain. their decisions to go back in the senate are less than graceful. they have prevented up -- presented a host of ordnance -- awkwardness. i think senator dole gracefully avoided it, much to his credit. >> bob, did you have anything to add? >> arkansas remember that day vividly. it was a day of some sadness -- i remember that day vividly. there wasn't a majority leader quite like him. there have been some great majority leaders before and after, but he gave a moving speech. there wasn't a dry eye in the room. and that was a packed room top of the hart building, this cavernous place. >> it was true on the floor. both speeches, his last speech in the senate, as well as the speech acknowledging he made the decision to leave. both were remarkably graceful in his acknowledgment of the institution and the people with whom he had worked. >> let's talk about his leadership style. i never worked for him on the hill. i was on the hill in various roles some campaigns, seeing how he did things. one

your presence helps in the challenge that senator kerry pointed out about getting the type of support and also the type us focus and priority to this issue. i want to thank you personally. i want to underscore the point you made mr. capacity. it is sometimes to get support to build up the internal capacity of a country. we have a little better time with specific programs. i think the strategy was to use those programs to be able to get the type of activity in that country to build its capacity so it could take care of its own needs. i applaud you for

personnel to implement kerry- lugar programs? >> i'm sure that we -- given, as we've increased our -- >> well, specifically -- >> -- overall program in pakistan and have broadened it beyond just military aspects, my sense is that there are probably more people in peshawar than there were a couple of years ago. but i'll see if we can get some numbers on it. >> p.j.? >> yeah. >> on afghanistan and drugs, last week, there was two major meetings on the issue. one was held by general stavridis, the head of the european command -- called in the ambassador -- u.s. ambassadors from the black sea countries to talk about it, saying that the question of the narcotics in afghanistan is one of the biggest threats facing the nato countries and urging action on this issue. the second one was in kabul, which was addressed by viktor ivanov, the russian drug head, who indicated that over the past year, there have been 30,000 victims of death by heroin overdoses, calling it a war that russia is fighting which is undermining their capability, and ad

senator kerry. >> man in chair, thank you very much. first of all, let me congratulate you on the many innovations that you brought to the committee, not the least of which is granted to us that we'll get to sit at and i notice all these little green bottles around here. we've moved south and not valid springwater from arkansas. >> as close as i could. >> when i was chair we at poland springs, ranking member. >> and we're probably moving to count was, louisiana very soon. >> sledges want to stay close to the ranking member. we need her. seriously, i really do congratulate you. i thank you for a terrific energy and terrific focus to the chair and we all appreciate it. and i really strongly support your effort to focus on ensuring that small businesses are able to the best connected in the world and it is shocking that this year, 2010, after all the promises of 2004 and beyond, we are still strikingly disconnected in the united states. you can go other places all over the world. in fact, coming inherent to constitution avenue is one of th

kerry killinger says the bank had adequate capital, and had cut back on risky mortgage lending. a senate investigation of wamu found its mortgage lending was riddled with problems, including fraud. but killinger told a senate panel the bank failed because federal regulators didn't give wamu the same protection it gave to wall street firms. >> the company was similarly excluded from hundreds of meetings and telephone calls between wall street executives and policy leaders that ultimately determined the winners and losers in this financial crisis. for those that were part of the inner circle and were too clubby to fail, the benefits were obvious. for those outside the club, the penalty was severe. >> susie: the chairman of the senate panel examining wamu, senator carl levin, says the company's lending created, quote, "a mortgage time bomb." wamu failed in september 2008. its assets were sold to j.p. morgan chase. >> tom: the financial crisis had its roots in complex trading instruments that few people understood. now with financial regulatory reform working its way through capitol

i would especially like to acknowledge senators kerry and luke are for their longstanding leadership and commitment to america's investment. i also want to acknowledge the crucial contribution and partnership that we have with president clinton, who is a tireless champion for this cause. i am grateful for the opportunity to discuss the success of past investments and the opportunity to make more progress. i will try to make my comments brief. i have additional material in the written testimony that i submitted. this is my first chance to testify in congress since i stepped down from my full-time work and microsoft and began full-time as co-chairman of the gates foundation. gates foundation. the foundation has been i want to be able to get more involved in the work and make sure the money we spend has the greatest impact possible. global health is the major focus as far as giving. we are working on other poverty issues. about the same time, if the u.s. government started a significant increase in global health spending this committee has been instrumental in making that happen. i wish

kerry describes made off that this was the maid of perpetuated the greatest financial crime in history over the course of more than a decade he stole $65 billion for many investors all over america and europe. .. when did you first hear of bernie madoff? i and and yet a legitimate business and then had this ponzi scheme. >> guest: 1987 when i was in over-the-counter market manager. >> host: what does it mean to be in the over-the-counter market manager? >> guest: it is a brokerage firm we but trade securities on exchange through the computer system and was computers and phone calls back in the day and in the late 80's and he was a legitimate market maker, he was a baby will street. i knew him as a broker-dealer, dominant in the counter market. i didn't realize he was managing money until the late nineties and it was on my radar screen looking back in late 99i said to the consent frank on my team to new york to meet this madoff and he said he seemed unusual and was in the drift of state which is the arms market state and wanted to find out what he was doing and he came back with a tear

did john kerry deserve his three purple hearts.es will's debate it. it makes for a big time wrestling dramatic television. and the cable industry, it churns a lot. a lot of people tune in on that. it sets a kind of tone and temper to things. but i want to dissent slightly in the conversation. i don't feel our times right now are uniquely oppressive when it comes to hate and death threats. just look in the 60s. martin luther king killed, malcolm x bill killed. bobby kennedy killed. john f. kennedy killed. places like oxford and selma, birmingham, these were battle grounds zones in the '60s. the thought that you could have so many black mayors in the south seem removed in the '60s. the fact that a michael steele african-american could be head of the republican party, and the fact that we have barack obama. but so i think we've got to kind of take stock. and also look at the anti-, the left hatred of richard nixon. and the things that were said about nixon and the let's get him by so many people. so i think we're in a danger zone righ

former ceo kerry killinger. >> i'm deepy sorry for what happened. >> reporter: they admitted they routinelyied financial documents to qualify borrowers quickly. >> sales associates would take asset statements from other files and cut and paste the current borrower's name and address. >> reporter: a 2005 e-mail from the bank's own review stated there is an extremely high incidence of fraud. at two offices, 58% fraud lend lent and 83% fraudulent. several bank officials admitted they knew. >> was senior management, upper level management aware of these problems, in your opinion? >> yes, i would say senior management was aware. >> reporter: washington mutual offered incentives like trips to hawaii for those who sold riskier, more profitable loans. an e-mail encouraged employees to reach the president's club. >> any time there is fraud we took it very seriously. >> no. what you did is reward the folks that are being investigated with trips. that's the action. >> reporter: a former risk manager at washington mutual testified he warned executives that the housing bubble would lead to massive defau