had kevin brady on this show and the radio show all the time.as gone down, not up. the fact is the money they are creating is not really circulating through the economy, so i apologized to bernanke. on the air and in a couple of columns. it may be clumsy, but i think he's doing the only thick he can do which is to keep the money flowing, and meredith, i'm worried, if he starts cutting back, it's going to come too early. >> i wish you hadn't turned your stripes on that one because i think there is very real inflation for americans. >> really? >> cost of medical prescriptions through the roof, the cost food, the cost of meat and the cost of so many household items is through the roof. >> pced is 1% year on year. the dollar is rising. >> there's no wage inflation. >> all right. >> and there's certainly no home price inflation. >> commodities haven't done anything. >> commodities haven't tanked, right. >> relatively stable. >> they are stable off, you know, off of inflated levels. >> i'm putting everything on the table. i'm saying with food, with en

lou: joining us now congressman kevin brady a well as the joint enomic committee and tomorrow he willrticipating in a hearing that we willear a little bit abt the victims eat to have you with us. testifying in the middle of a 30 day comprehensive review for you kidding me? how can he say he could do the review of the irs in 30 days? >> the new acting commissioner, his jobs to put out the fire, not to shed light on the scdal which is what he ought to be doing helping us to get to the truce with the targeting of conservative donors and organizations as well as the leaking of that private taxpayernformation to the media and liberal groups and the campaign a well. pcs his job differently as we do. lou: the ways and means commtee the national party, fernand joe cowley patriots founder and president lynchpins of berty, what do youxpect to hear from these victims of what has been and the eggious, gregious use of power by the irs? >> this investigation will be very thorough and complete and to do that you have to hear from the victims of both from the abuses they suffered and they may sheligh

joining me is kevin brady and erin shop.essman brady let's set the table, do you see this as a political enemies' list? >> i do. the new active commissioner, to shed light and tell the truth where the abuses have the irs have been, how broad and wide and deep it is. was this personal information shared with other agencies to harass tea party in my region. it's about hearing from the victims of these abuses. i think it will help and shed light on this investigation. >> sean: i think the question congressman shoppe, the administration through jay carney and others, to say these are rogue agents out of cincinnati. to prove that point let's play jay carney saying that very thing. >> irs employees improperly scrutinizing 501c4 applications. >> they are put in great trust. >> employees of the irs office in cincinnati abuse this had trust. >> the apparent conduct by officials in cincinnati. >> the exempt organization's field off the? cincinnati used inappropriate criteria. >> the president doesn't know about everything in governmen

after a congressional hearing focusing on the irs targeting of tea party type groups congressman kevin bradyred if the irs scandal is only beginning. >> is this still america? is this government so drunk on power that it could turn its full force, its full might to harass and intimidate and threaten an average american who only wants her voice and their voices heard? >> you think there's others like it? >> i do. >> an irs spokesperson says the agency does not comment on specific cases but told cnn, in general the irs stresses that audits are based on the information contained on the tax return and the underlying tax law, nothing else. >>> coming up this weekend, director ridley scott joins with crimes of the scene. that airs at 9:00 p.m. eastern. >>> only weeks after an apparent suicide attempt, paris jackson makes her first appearance at the wrongful death trial of her father. on video tape she makes that appearance. find out what she has to say about the jackson family nanny, up next. >>> we're looking at scenes from michael jackson's last rehearsal before his death. that was in los angele

but on lou dobbs last night republican congressman kevin brady of texas expressed serious doubt thatcould get the job donee >> are you kidding me? how can a man even sit there and say they can do a review of the internal revenue service and 30 days? >> you know, the new acting commissioner, you know, his job is to put out the fire fire, not to shed light on the scandal, which is really what he ought to be doing, something as to the targeting of concerted turner' and organizations as well as the leaking of time to taprivate tax permission. i am afraid he sees his job differently than you an idea. gerri: here tonight. but you talking about? >> we will be talking about much of what we were discussing yesterday. he is a tremendous public servant. the irs hearings today, a second straight day. two-party -- tea party and conservative groups detailing years of abuse by the internal revenue service. tonight will be talking with two leading republican congressman on the white house scandals. house judiciary committee, whose community will decide whether or not attorney general eric holder com

month at a congressional hearing focusing on the irs targeting of party-type groups, congressman kevin brady wondered if the irs scandal is only beginning. >> is this still america? is this government so drunk on power that it would turn its full force, it's full might to harass and intimidate and threaten an average american who only wants her voice and their voices heard? >> reporter: do you think there's others like you? >> i do. >> drew griffin joins us now. drew, any idea when the ig will be done with it's review of this specific case and does that congress the committee believe there are more citizens like jeff black that may have been targeted because of politics? >> on point one, we don't know when the ig's office is going to come through. and point two, the committee, they are searching for other people. they want to be cautious, john. a lot of people complain about irs audits and a lot of people are legitimately audited by the irs, no matter what their political beliefs are. but we know that the committee is interested, and the treasury department's inspector general is investigati

you know, it started back on may 22 back at the hearing of the joint economic committee where kevin bradyng things he didn't intend to say speaking markets. ic -- i think they try to restore markets today with doveish language. cheryl: looking at the economist you know well, and they called this a g0 world. very critical of not just the fed's policies, but the negative effects on china's economy, for example, there was another meltdown coming in europe, so they are very negative about the overall economic picture for the world. do you agree with that assessment? >> well, what i would say is from app investor perspective, we don't think qe is boosting the real economy, but it is having effects on capital flows inside and outside the u.s.. imagine the fed as the world's biggest bond portfolios with 4 trillion in securities, that displaces investors meaning they have to go elsewhere to find securities. they go into other sectors of the credit markets, and then op a global basis. the fed's policies, whether we like it or not, are having ramifications globally. >> they are. talk to me about th

joining us now, congressman kevin brady.ade some star power in the hearings we've had so far. good morning to you. >> thanks, stuart. thanks for having me on. i've got to raise the issue of doug shulman's wife. the director of the irs. she's leftist activist. we're looking for connections between the irs scandal and targeting. the presidential campaign or the white house and here we are doug shulman's wife, a leftist activist, led to believe there's never any discussion of what the irs was doing during the election with his wife, who is a leftist activist. i mean, do you have any comment on that? >> just that there's a very interesting connection in the sense that one of the amend targets of her group, a public campaign, are the koch brothers and leaking taxpayer information to the irs relates to the koch brothers. you look at leaking information and targeting donors of organizations, this is going to get a special inquiry, especially since we now know as the deputy commissioner and acting commissioner that mr. shulman knew

kevin brady accused we arerfel of putting out a sham report. >> i am told you are a decent person.bsolutely. >> are you serious about restoring the integrity of the irs? >> i am serious about getting to the truth and doing it with the rule of law and procedure. >> don't forget. you work for the tax payers not the other way around. >> democrats claim the treasury's investigation was one-sided >>> at the nba draft, the players routinely put on a cap from the team that chooses them. that was a problem for lucas nagera. the boss tn celtics took the seven-foot center in the first round. his hair was so big the cap wouldn't fit. a few minutes later, he was traded to atlanta. >> how tall is he again? >> he is seven feet something. it is all about the cap and the hair. >> he has an extra six inches in the 'do. >>> nyberg is an astronaut aboard the international space station. 250 miles away back on earth, she has a 3-year-old son. talk about work/life balance. an interview from the international space station with nyberg. look at that hair. next on "cbs this morning." nternational space st

have danny werful's job and in charge of overseeing the sequestration and he got a snootful from kevin brady, the republican from texas and pete roscouple when they called his report a joke. he has to go over and be the interim head in the irs. and say everything is fine. but the problem is as you say is not just what happened with the targeting of the conservative groups it is the mefesant and waste and the star trek video and all of this junk, the contract steered to friends of executives who then take the fifth. this is an agency in chrissis and they will have to look more serious about things if they want americans to give them their trust when it comes to something like their health insurance. >> you are right. the conference we learned about. $2.4 million and people said i never seen anything like that and no party like that put on by the government. it must have been a great time while it lasted, chris, thank you for much. >> and coming up just a head. after turning to hollywood and nba and nfl to promote obama care for the americans and we'll she you the poll numbers, feds are now us

>> congressman kevin brady chairs the one our hearing. >> [inaudible conversations] >> the subcommittee will come to order. we are meeting today to hear from the two public members of the board of trustees of the federal hospital insurance and federal supplementary medical insurance trust funds on their 2013 report's analysis regarding the current dire status of the medicare program. it's important to understand the financial health and viability of the medicare program if we are to ensure that the program is solvent and available to our immediate seniors as well as future generations of americans. author george r.r. martin wrote, most men would rather deny a hard truth than face it. i worry that when it comes to medicare, that's true for too many in washington today. if medicare is just fine as some claim, then why did the medicare trustees issue a medicare funding warning for the seventh straight year? if there's no problem that needs action now, then why have the assets in the trust fund shrunk by 15% from the projections made just five years ago? and if sincere concerns about medica

. >> tucker: kevin brady is a legislator from texas and went on this rant with werfel and said, quoteort is a sham! i would call it a white wash, but it's too thin and unsubstantial even to meet that definition! it's so bad, i won't even call it a white wash. >> alisyn: charles krauthammer had a great line that we're about to play and he used one of my favorite expressions. word salad. >> steve: delicious. >> this is stonewalling 101. every tactic in the book is now being rolled out. look, the irs was caught red handed. scrutinizing, harassing, delaying, clearly one kind of group based on ideology. there is no way to explain it away. what do you do? werfel up there who speaks in word salad. i mean, the guy is a master. if he showed up in the e.r., he'd be considered either psychotic or disturbed. he speaks, but there is not any ounce of meaning coming out of it. but he's excellent in doing that. he's practiced. >> steve: which is curious because dr. charles krauthammer is a psychiatrist. he knows word salad when he sees it. >> alisyn: we're not getting a lot of answers right now from

joint economic hearing that started all the anxiousness about the tapering, it happened because kevin bradyyou think it's possible you might have to start tapering before the end of the summer? it's a tricky question. bernanke wasn't able to dodgers it. i think these are all playing together, i think there is a chance ber egg anything in will be gone at the end of the summer, a chance he will start this trajectory change. >> you are saying end of the summer? >> yeah, he might serve through to the en, but there is this, you know, statement he wasn't going to be at jackson hole again this year, i think there is a lot of rumor it might happen this summer. >> chris, can you handicap this for us? >> it's unclear what bernanke ever itself wants. we have never been in this situation. at this point he is focused on his legacy to some degree. he has shifted from a real inflation hawk wanting the fed to be tied to inflation targeting to really an emphasis on jop creation and unemployment. i think the legacy and the politics here matter. the fed is the only policy game in town. i think i can see this

here for a cnbc exclusive is kevin plank, the chairman, president and ceo of underarmour and with him, a man you know, tom bradyou. >> good morning, carl. >> kevin, i want to cover some of what you talked about in the investor day and that is growing internationally. 6% of revenue is ex-north america. for nike is 59, how quickly and how much do you want to see that number grow and through what channels do you make that happen? >> carl, coming off our last investor day, two years ago in 2011 and the first time we crossed the billion dollar milestone in 2010 and we committed the street that we'll double our business by 2013. and this year with the latest outlook north of 2.2 billion we are confidently on our way to achieving that milestone. we laid out a new growth goal of doubling where people in 2012 whereby 2016 doubling again to $4 billion. so as a company, obviously international will be a big part of that, footwear will be a big part of that and selling a lot of cleats will be a part of that also. >> and you have a guy that knows some portuguese sitting next to you. >> i think viewers are curious. >> there'