mauney career was mostly in the days before women achieve any sort of significant promotions. so i mean, it's just not my fault. it's other people's fault for not having promoted when an early enough so that i could report to them. having said that, i think all in all -- what do i think of them house leaders? i think they are highly effective as leaders, not all of them, but a good female leaders are highly effective. i would have to look at national leaders like margaret thatcher or of israel or so forth. so we have numerous examples of highly effective female leaders in politics and to be certain extent in the industry looking at general motors i don't think we can't really complain of a glass ceiling at gm anymore. and number of officers are female now and of course the executive vice president for the public development and certainly often spoken of as a candidate to succeed daniel axson of general motors and then the ford motor company whose name escapes me now but i will make this prediction. i would say that within five to six years at the latest one of the large automo

the kawlija and elm street and i called my parents and my father picked up the phone and i said put mauney on the extension phone and she got on and said he will never believe it, i got a scholarship i'm going to the university of cambridge tunheim the first afro-american as we said then. and my dad said your the first negro to get a fellowship he said they are going to name at the watermelon fellowship from now on. [laughter] so with my watermelon fellowship i went off to the university and meant to africans who changed my life. they spent two years in solitary confinement and of the 27 months in prison in solitary confinement during the nigerian civil war. we all remember that horrible experience in the history of africa. when he got out, he immediately wrote a book criticizing the military government that in present of them called the man died so they tried to tell them oliver density fled and ended at the university of cambridge, just happenstance. he was an extraordinary fellow at the college and i was at claire college. and there were two other africans. one of them as a young africa

mauney view is that europe is going to continue to constitute the primary press to the global economic recovery in the year ahead and i simply don't -- i can understand the reasons why they want to be optimistic but i don't think that there is a real basis for being as optimistic as the europeans are on their economic outlook. thank you. >> thank you, desmond. chris? >> thank you, alex for sponsoring this interesting session that we have been having for quite a few years. i think it is extremely important to note how much time has gone by since the break in the house in -- housing bubble. i'm going to comment on the housing side what is or is not happening in the banking sector and then finish up talking about the fed and some of the objectives of qualitative easing. the reason is one of the three criteria is in keeping interest rates so low is to encourage credit creation. the mortgage industry traditionally has been the primary, a year built for monetary policy. a drop rates, borrowing costs go down and you fortunately in this cycle that hasn't happened so let me talk a bit about why

mauney sense is they will be fully engaged in receiving and date stamping claims and they won't be running a call center out of the regional offices. >> thank you very much for what you are trying to do to make the most of a bad situation. i can only imagine the challenges that you are facing are much greater than those that you have even outlined for us here today because of this unnecessary shutdown. thank you. >> thank you mr. chairman and mr. shinseki for being here today and for the service to the country and to the nation's veterans. i want to start by getting a shot out to the regional office. i visited with them several times over the last two years to get and they were making remarkable progress on taking care of their disability backlog. the director has done an outstanding job. i'm very concerned about the impact the shutdown could have on their operations and what could potentially happen to the veterans to be as i have a couple of questions in that regard it pitted the first one is why is the g.i. bill hotline closed when other hot lines remain open. >> why is it ) other vba h

and my esteemed colleagues on this panel -- the fact that mauney america doesn't care what justice anymore breaks my heart. it really does. and the people here that are doing the work that comes from our founding fathers work on the constitution that we all swear to defend and we all pledge allegiance to but lets me get real and get the budget done so that we can all go back to work. >> on behalf of all of my colleagues on the judiciary committee, we thank you for the incredible response. we think we have a record now that can make clearer the crisis that is going to affect the justice system and the judicial system of this country. and with that, this forum is adjourned. thank you very much. >> good forum, mr. chairman. >>> looking at the u.s. capitol on this rainy day in washington, d.c. the senate is about to gavel and to get the session started. lawmakers expected to immediately recess to allow republican senators to attend a meeting with the president this morning focusing on of course the ongoing government shut dowd and the inapproaching debt limi. why of to the senate on c-span2. t