of gold silver dot com author of guide to investing in gold and silver mike maloney welcome back to the kaiser report thanks it's great being here max ok let's talk about silver last year it was up something like eighty eighty percent this year it started off with a bang up big currently going through a bit of a sell off what's going on in the supermarket mike maloney well you know as far as the sell off goes i really don't care why actually i do i'm hoping silver will go down a little bit more because i want to buy more. i want a lot more silver has yet to exceed its nineteen eighty one i mean we came within a breath of it but it hasn't exceeded exceeded its nine hundred eighty high can you name one thing on this planet that is still selling at a discount to its nine hundred eighty price right ok now i'm looking at the u.s. dollar and of course silver and gold are the contra indicators of the dollar and the dollar is still trading almost at an all time low and that trend even with the some a spectacle having given it a bit of a boost it's still trading terribly how can these two th

maloney of new york. the chair: pursuant to house resolution 276, the gentlelady from new york, mrs. maloney, and a member opposed, each will control five minutes. the chair recognizes the gentlelady from new york. mrs. maloney: thank you, mr. chairman. this amendment would require public disclosure of information submitted under section 847 of this act. this amendment is about bringing more accountability and sunshine to the $379 billion annual average defense contracting business by making a revolving door database which already exist publicly available. it would have important ethics information about some d.o.d. employees who leave to go through the revolving door to jobs in the defense contracting industry often with companies with whom they have been negotiating billions of dollars in contracts. current and former public servants should not be able to use their positions for private gain and powerful defense contractors should not be able to rig the system. but unfortunately this relationship is not

maloney or whoever is here to represent the appellant. parks commissioners, i am the owner of mark 10 mac's restaurant. -- martin mack's restaurant. one thing that did happen, code enforcement had come out and give us an all clear. we had taken that. we realize we have to go back to the planning commission. we are quite willing to do this. we're willing to do that. we know that we had this very safe. this is the way should have been forced 21 years ago or 22 years hopefully, that is what happens. if you have any questions, i'm available to answer them. >> it is there anyone here for the subjects property owner? >> i appreciate the efforts of the appellant to work with the planning department to come into compliance with the code and to make sure that the board understands, it it is my understanding to do with the penalties and of the board would be willing to reduce the amount of the assessed penalties. we september a notification on june 15, 2009, notice of violation and penalty was issued august 24, 2009. penalties began to accrue 15 da

. >> that was brian maloney representing rich schumacher.those properties you have in front of you are people that have already paid just in the last few days and that's why we've asked those to be removed. the people that stepped up such as brian maloney, those are the people we're working with on a case-by-case basis that we just met within the hallway. supervisor mirkarimi: o.k. can you get back to me and let me know what the resolution is, then? >> we sure will. supervisor mirkarimi: thank you. president chiu: colleagues, any further questions? if not and unless there's any other public comment, i'm going to state that this hearing has been held and closed and item 11 is in the hands of the board. i understand that d.p.w. staff has offered amendments to the report that we'll adopt. are there any other questions? o.k. supervisor wiener? commissioner wiener: to d.p.w. can you just describe what the process is? there were certainly some people who came in who contended that they had been adequately maintaining the properties and then they g

maloney of new york. the chair: pursuant to house resolution 276, the gentlewoman from new york, mrs. maloney, and a member opposed, will each control five minutes. the chair recognizes the gentlewoman from new york. mrs. maloney: this is about the need to continue to make informing available to the public, keep our uniformed military safe an ensure tax dollars are not wasted on aircraft with serious performance and maintenance issues. it would simply narrow section 1081 of the act under consideration and would ensure the military cannot hide subpar maintenance of military aircraft or other preventable shortcomings from disclosure under the guise of keeping important tactical information from our enemies. it ensures an adequate balance between the defense department's appropriate need to protect tactical information while ensuring the public can learn, for example, when the military is not putting our pilots in the best maintained aircraft in the world. just ask the parents of geoffrey smith with whom i'v

maloney or whoever is here to represent the appellant. parks commissioners, i am the owner of mark 10 mac's restaurant. -- martin mack's restaurant. one thing that did happen, code enforcement had come out and give us an all clear. we had taken that. we realize we have to go back to the planning commission. we are quite willing to do this. we're willing to do that. we know that we had this very safe. this is the way should have been forced 21 years ago or 22 years hopefully, that is what happens. if you have any questions, i'm available to answer them.

maloney, you have rebuttal time if you would like to say something more. have you three minutes. >> when we did this, we went through the planning department and obviously health and fire. we got approved by the planning department. we got to this stage because we got an area permit to do the demme mission after the fire and we had removed everything. that store had not been a store in 20 years. we used it for garbage because we didn't have a garbage area. when we spoke to the fire department, the battalion chief asked me could we put in a second exit, he said fire safety overruled everything else and he would vouch for that and he stated i could get a letter from him at any time. in the meantime there was seven months of confusion because when the court enforcement people investigated us, we gave them the plans, code enforcement took the plans, had them for two weeks and came back and said everything was in order. in between that time two people from the planning department came in. they didn't call and make an appointment or anything. i just happened to

maloney. the chair: the gentlelady from new york. mrs. maloney: i thank the ranking member for his leadership and for yielding. i thank him and chairman mckeon for the bipartisan approach of including amendments in the en bloc. i thank you for including my amendment and en bloc number four. my amendment would narrow an overly broad exemption under foia. we must protect certain critical security infrastructure information to keep our defense operations, properties, and facilities safe from terrorists. but we must not be overly broad in our definition. my amendment strikes a balance between safeguarding our critical infrastructure, security information, and the public's right to know. withholding certain information could endanger the public and to give one example is the case of the marine corps camp lejeune water contamination tragedy. for three decades thousands of marines and their families consume tap water contaminated with chemicals. the likely cause of their cancers. led by members of congress, victims and supporters have blamed mar

congresswoman maloney, thank you for coming on. we appreciate your time. >> thank you so much. >> absolutely. the first key tip came in 2004 when officials obtained the nickname of a courier that would lead directly to osama bin laden, and that was from an interrogation at guantanamo bay and how the military tracked down one of the most wanted terrorist, and here we have our military analyst barry mckak mccaffery, and sir, with all of the questions over the practices of gitmo, and this is a lead from the courier and how significant is that and how does it validate the work done at guantanamo bay, sir? >> well, thomas, i have been to guantanamo bay and wrote a report at mccaffery.com, and it is one of the best-run correction facilities anywhere on the face of the earth and part of it is a counterintelligence service, that while respecting the rights of the accused, they don't go into their lawyer's writings, et cetera, and still a lot of intelligence comes out of it. perhaps a third of those people are global terrorists of some dang

this maloney? >> thank you for holding this hearing and giving us the opportunity to be with sheila bair one last time. i would like to ask you to respond to what critics have claimed, that the new order liquidation authority promotes bailouts because it allows the fdic to take creditors 1 hundred cents on the dollar. isn't it true this is erroneous in light of the fact that the law requires the fdic to ensure that creditors their losses? and secondly the fdic's authority to pay creditors more than they would have received in a liquidation bankruptcy is very limited. it is subject to the requirements -- your comments please. >> it is important and we clearly have a job ahead of us in terms of educating folks about our process and assuring them that it is every bit as harsh as bankruptcy. the same creditor priority that you see in bankruptcy. the statute limits the ability to differentiate among creditors in a way that is consistent with powers under our traditional receivership powers and basically

maloney of new york. the chair: recorded vote has been requested. those in support of the request for recorded vote will rise and be counted. a sufficient number having arisen, a recorded vote is ordered. members will record their votes by electronic device. this will be a two-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the chair: the nays are 329. the amendment is not agreed to. the unfinished business is the request for recorded vote on amendment number 48, printed in house report 112-88, by the gentleman from florida, mr. mack, on which further proceedings were postponed and which the ayes prevailed by voice vote. the clerk will designate the amendment. the clerk: amendment number 48, printed in house report number 112-88, offered by mr. mack of florida. the chair: recorded vote has

maloney: i thank the gentlelady for her leadership on this and so many important issues. i want to make clear in response to the gentleman's statement, there is no taxpayer funded abortions now. there weren't any yesterday and there won't be any in the future. h.r. 3 goes far beyond current law. it is stunning in its scope, appalling in its indifference and outrageous in its arrogance. the right to choose is absolutely meaningless without access to choice. and h.r. 3 creates obstacles for women to access safe, legal and constitutionally protected health care. this makes access to abortion coverage incredibly difficult. and i would say that the bill is not only an attack on women's rights, it's also an attack on the rights of the private insurance companies and small businesses. it tells private insurance companies how to run their businesses, raises compliance costs for small businesses and even tells the local government how they may spend their money. the bill manages to offend nearly high-sounding principle the other side says they stand for. so if you truly believe in

maloney from new york for five minutes. >> thank you, thank you very much. i truly believe the title of this hearing today, and really the effort in general, should be "let's pretend the financial ."isis never happen pick we forget that many lost household wealth in this america. that our financial community was brought to its knees and had to be bailed out by the american taxpayer. and in response to this crisis, the overwhelming support from the american people, we created this cfpb. it is carefully constructed, but urgently needed, and should be allowed to go into operation as planned by the bill that was signed into law by president obama. the cfpb fills a gaping hole in our regulatory framework. this is a body that will focus completely and totally on consumer financial protection. too often consumer protections was a second thought, a third thought, or not even thought about at all. so you came out with an abusive and anti-competitive practices in credit cards, subprime loans that had a degree of probability of throwing american families out on the str

maloney? >> thank you. thank you for holding this hearing and giving us this opportunity to see sheila bair one last time. i will ask you to respond to what critics have claimed it -- the liquidation of party promotes bailouts because it allows the fdic to pay creditors 100 cents on the dollar. is it true that this is erroneous in light of the fact that the law requires the fdic to assure that predators take care of their -- creditors take care of their losses. the fdic pays creditors more than they receive in liquidation bankruptcy is very limited. it is subject to their losses. your comments, please. >> i think it is important. we clearly have a job ahead of us in terms of educating folks about are processed and assuring them it is every bit as harsh as bankruptcy. it has the same credit priority you see in bankruptcy. this is consistent with our powers under our traditional receivership powers. basically, it is a two situations. continuous operations -- keeping services going, paying your service people

maloney? >> thank you. thank you for holding this hearing and giving us this opportunity to see sheila bair one last time. i will ask you to respond to what critics have claimed it -- the liquidation of party promotes bailouts because it allows the fdic to pay creditors 100 cents on the dollar. is it true that this is erroneous in light of the fact that the law requires the fdic to assure that predators take care of their -- creditors take care of their losses. the fdic pays creditors more than they receive in liquidation bankruptcy ivery limited. it is subject to their losses. yo comments, please. >> i think it is important. we clearly have a job ahead of us in terms of educating folks about are processed and assuring them it is every bit as harsh as bankruptcy. it has the same credit priority you see in bankruptcy. this is consistent with our powers under our traditional receivership powers. basically, it is a two situations. continus operations -- keeping services going, paying your service people and em

maloney of new york for five minutes. >> thank you. thank you very much. i truly believe the title of this hearing today, and really the gop efforts in general should be let's pretend the financial crisis never happened. let's forget that 15 trillion families lost household wealth in america, that our financial community was brought to its knees and had to be bailed out by the american taxpayer, and in response to this crisis, overwhelming support from the american people, we created the cfpp, it is producted and urgently needed and would be allowed to go into operation as planned by the bill that was signed into law by president obama. now the cfpb fills a gaping hole in our regulatory framework. this is a body that will focus completely and totally on consumer financial protection. too often consumer protection was a second thought, a third thought, or not even thought about at all. so you came out with abusive and anti-competitive practices and credit cards, subprime loans that had a agree of probability of throwing american families out on the street a

maloney? >> thank you. thank you for holding this hearing and giving us this opportunity to see sheila bair one last time. i will ask you to respond to what critics have claimed it -- the liquidation of party promotes bailouts because it allows the fdic to pay creditors 100 cents on the dollar. is it true that this is erroneous in light of the fact that the law requires the fdic to assure that predators take care of their -- creditors take care of their losses. the fdic pays creditors more than they receive in liquidation bankruptcy is very limited. it is subject to their losses. your comments, please. >> i think it is important. we clearly have a job ahead of us in terms of ecating folks about are processed and assuring them it is every bit as harsh as bankruptcy. it has t same credit priority you see in bankruptcy. this is consistent with our powers under our traditional receivership powers. basically, it is a two situations. continuous operations -- keeping services going, paying your service people and