that is concordant with the nih guidelines in july, it can be done rather quickly through the it ministration process. if there were derived some time ago, there needs to be more careful review by experts. but there will be more coming along regularly. some may be within the next month or two months. after all, we now have these 40 lines letter up on the registry and are available. 27 have restrictions and 13 are out. >> are there more in the minister pipeline? >> there are some in the administrative -- >> are there more in the administrative pipeline? >> there are some in the administrative pipeline. some look pretty promising. nih has to depend upon those who derive the stem cell lines to send in the documents. we can do anything until we have the material to look at. if there are some of their they're taking their time, we hope that they will react. -- that they will hurry up. >> what is your response to those who say that embryonic stem cells are more important? >> [unintelligible] it is clear that they are not the same as the embryonic stem cell lines. last week, when i can meet all of t

. >> and the of ministration knows that? >> they do now.[laughter] >> the speaker last night talked about how next year will be all about selling what they did this year, marketing all the things they pass. >> i hope she does a great job of marketing all the things this past year. >> other than taking shots of the things the past, will republicans feel they have to, with their own agenda to contrast the democrats or is it about 20 of what is wrong. ? >> we have had better solutions we have pointed out all year. we will continue to be the party of better solutions. when we have to stand up on principle and oppose our democrat colleagues, we will do so but we will also offer to the american people what we think is a better solution to the problems that are tempted to be fixed. >> what will you not support the supplemental with the guantanamo money? >> i will not support a bill that facilitate spreading guantanamo prisoners to the united states. there are reports that they could be asking for as much as half a trillion dollars to do this and i

to what level was this broader ideological struggle, how this resonates within the current ministration? it seemed to be a hesitancy or push back on looking at the problem through that lens. >> on like dan, i have the liberty of saying whatever i want to say. -- been unlike da -- unlike dan. the simplest answer is that i think this administration understands that this is a battle of ideas and the narratives. it has to come up with a counter-narrative to the narrative of the global islamist jihad. -- it is more less created over the last decade or so. the best proof of that is the president's speech in cairo. that speech in some ways it was addressed exactly to them. what is the narrative of the global islamist jihad? the short version is the united states is now a crusading power that is trying to impose its will on the moslem world by dividing the world up into smaller states which it can manipulate -- bids will on leave muslim world. what does barack obama say in cairo? what is his opening line? bin"we are not and imperialists colonial power. we are revolutionary state. we were born a

invasion of iraq was not only are wrong choice the self-inflicted wound on the part of the bush and ministrationed. a think earlier someone said outdoor might have done the same thing. -- i think earlier someone said that al gore might have done the same thing. we could argue about that. i still believe that those two wars were fundamentally different. >> john mueller? i have been keeping a list. >> two issues for build. i wish she would explain the people were exploding -- who are opposed to the unification of germany. your last point is well taken. he was also: powell -- it was also colin powell who said that the winter would come up with thousands of more trips. it surprised everyone how spectacularly successful it was. predicting that was hard. i would like to ask a question. you mentioned baker talking about bringing russia or natthe soviet union into nato. there is the argument that every alliance was designed to control the allies. in many cases, that was the main point of the alliance. it was to control allies instead of enemies. would you talk more about the idea of expanding nato to in

it is clear the department of defense has been instructed to fully cooperate with the in ministration's reviews and investigations that appeared to not be under restrictions of any kind from the department of justice. it seems to mean the administration needs to record the same kind of cooperation to congress as we carry out our constitutional duty to exercise oversight in this area, so i am going to continue to press the administration to make available to the committee document and people, the weaknesses we need to undertake the kind of investigation we're committed to undertaking. >> you talk about information sharing. hasn't been clear to you whether anyone under the umbrella learn about his communications feminist unfree -- his communications? >> there is not much i can say from this briefing, but that is the subject of inquiry. you know it has been reported publicly from unidentified sources that there is a judgment made in the joint terrorism task force once this e-mail appeared to not begin a formal investigation, and as far as we know from public sources now, all but was done w

in deciding how the ad ministration will approach that issue across cases and subject matters, it seems to the position of any particular agency who might be involved in a case in any given case. so i think you have to differentiate between the policy issues and legal issues, and i think the role is more robust with a legal issues and less so with respect to the policy issues. >> let me ask you a related question when it came to the filing of briefs. there are many, many important issues that come before the supreme court that do not seem to involve the operations of the federal government at all. for example, the restrictions placed on the availability of abortions or state laws banning assisted suicide or school prayer. the administration may have strong reasons, a philosophical or political, even, to see one side or the other prevail, but they do not relate to any particular programmatic interest of the federal government. should the solicitor general be involved in those cases, and if so, what are their criteria? is there a concern that the united states in those cases but from one

. >> of the president has stated repeatedly that it ministration woodbridge's -- would embrace of thespirit of transparency. are you familiar to with section 114r, which prevents the release of sensitive security information? >> yes, i am. my understanding is that when tsa receives a request like this, we are required to provided to the congress when it is received from the leadership of the committee and we do that when we are properly requested. >> do you have a date certain when you will be transmitted to the committee and homeland security a copy of the current document? today, next week, and a date certain after the new year? >> what i will pledge to you is that in the aftermath of this, we wanted to exercise the absolute operational security over all of these sop's. my commitment to you is once you're through the traveling season, i will come back and talk with you and the leadership of this committee about how to make all that ever made available to you. in the meantime, we will sit and give briefings to any members or their step that requested on this document, specifically. >

i have been a vocal opponent of tarp by both it ministrations. in december 2000 a, i joined my colleagues and voting against the government bailout of the automobile industry. early their share, a supported a tarp disapproval resolution that would stop the program in its tracks. i have supported several initiatives that would increase tarp transparency in congressional oversight. . . need for the government to borrow more money. secretary geithner notified congress that he has extended tarp authority through october. congress that he has extended tarp authority through october. now that is money loaned to the financial institutions, that is now being repaid, that treasury anticipates using this for a second stimulus plan. well, i guess that's because they think the first stimulus plan worked so well. you'll recall it was -- the stated objective was to hold unemployment below 8%. it has gone above 10%. we need to learn from our mistakes as well as things we have done right. it would be a mistake to put more money, particularly tarp money, into a n

but the lasted ministration ran up a previous debt larger than the last 42 presidents combined. buydown finally glad we're spending money on helping six people then i on a war and the things that do not help our nation. >>host: alabama? did evening. fred. are you there? let's try tenn. >> caller: i have considered myself a republican but i voted for the president but i support the bill because there are millions of people who either cannot be covered by health care or would not be covered orenda current system because they have a pre-existing condition with a person with a disability or they work for themselves and have a large discount as they would with a major company and we have to secure health care for all those people from the current system. >>host: alex went from "congressional quarterly." go ahead. they called cloture by this sonat 1:01 a.m. eastern. why is this significant? >> it is a big tax go. if they can pass the though they will show the have the support to pass the bill. >>host: do they have the support? >> if they don't we are not aware. if they don't have the

ere's been some good efforts in the last few mont undertaken by the obama ministration. at defense, at f.b.i., en at state. >>rown: is that the team or the orchesa members to use your analogy? who is he coordinati? >> throw in coerce and you have pretty much the l. 're talking about the nationalecurity agencies, the technogy agencies, and they're the people whore trying to co up with solutions. howard needs to make sure th the solutionare consiste and implemend coherently. that's big job. >> brown: and how tough it to core rail that bureaucrac of diffent players. >> it depends. if the preside is behind him, he'll be able to do it. so that's the main thing tt has to ce across. this is a presidential priority. i think it is. it's still going to be hard. encies don't like being reeled in. this is e normal drill in washington. i think he'll be able to pl it o. >> brown: in fact, predent obama had talked abouthis dog this as early as may and then there were ports that it was taking a while to fil the position or figure out who the person would rept to. >> the's a dispute in t

. >> [unintelligible] it ministration to help small banks [unintelligible] did you want to park money? >> id is problematic -- it is problematic for some banks -- i speak from the michigan standpoint. we have challenges. ñrmany of those banks have a ve, very difficult time that could use tarp money, but do not qualify because of their fdic ratings. we have an open discussion about waste. we have to try to give them an opportunity to survive in this economy. >> did he talk to you about regulations? >> did he talk to you about the financial regulation legislation? what he would like to see on that? >> he did. he talked about the regulatory reform bill. obviously, from a community bankers standpoint -- banker's stand point, we do need more regulation in our industry. >> did the president make any assurances? >> he did not. >> did he say he was going in that direction? >> he did not. that is something that are just going to be looking at. >> did he speak about a new program to encourage lending to small business? dicdid he talk about our arrest restricted capital program? -- a less restri

believes, as you heard him say after the meetings and throughout the weekend, and others in the ministrationat bankers have to play a constructive role in getting our economy moving again. i think the president's -- i think the president said and the banker said that this meeting and passed meetings have caused them to look more closely at landing, and we take them at their word on that. >> do you feel like you got a firm commitment from them? >> we have a firm commitment from them. the all mentioned, again, ensuring that second looks would be given to loans that had been turned down. we saw a specific announcement from bank of america, an increased amount of lending to small and medium-sized businesses. i think the president certainly believes that. one of the important areas to get our economy moving again is to ensure small and medium- sized businesses that are creditworthy -- you heard the president say, we do not want banks making loans to individuals who should not have loans. but the president feels and i think it sounded like the bankers as well -- there are certainly people who are

i think currently sense of the reagan ministration we embraced trickle-down economic theory and it hasn't be -- as of right now if you look at what is happening with wall street and the bankers, we really need to worry about with that theory and increase in the future. host: mesa, arizona. debbie on the republican line. go ahead. sorry. caller: i just heard a gentleman say republicans, i guess, they are all just people, they don't represent construction workers. my husband and i have owned are on contract in business since 1975, and i know a lot of contractors and a lot of people who were construction and they are all republicans. republicans are for small business, they are for lower taxes. the mortgage crisis, i worked for a couple of years at bank one, and i did a lot of collections. i was a very respectful collector. i know those banks could have written those loans -- re- written those loans -- and put the payments a couple of years instead of foreclosing and putting people out on the streets. the banks will foreclosed, they put people out on the street and now the government is givi

we surveyed members of the national academy of public ministration and this is what they told us.% said that federal government designs policies that can be implemented. we see very similar results elsewhere. it turns out that if you want to get a senior executive really animated, all you need to do is ask them about the policy design process. this is what they told us. they said it is pathetic. there is a gap between communication and understanding. it is dictated part -- -- top down. there is a big problem here. what is the cause of this? >> civil servants will say it is the politicians. politicians will say it is the bureaucrats. what we found was that neither one is the case. the problem is the gap between the two. that is a gap that has gotten bigger in recent years. this wall of separation has a lot of problems. one of them is that if you are in the policy side of the process, success for you equating getting a bill passed. that is success. but the real goal is way down . nowhere is this more apparent that our for decades quest for independence. president ford signed a laww3

we surveyed members of the national academy of public ministration and this is what they told us.% said that federal government designs policies that can be implemented. we see very similar results elsewhere. it turns out that if you want to get a senior executive really animated, all you need to do is ask them about the policy design process. this is what they told us. they said it is pathetic. there is a gap between communication and understanding. it is dictated part -- -- top down. there is a big problem here. what is the cause of this? >> civil servants will say it is the politicians. politicians will say it is the bureaucrats. what we found was that neither one is the case. the problem is the gap between the two. that is a gap that has gotten bigger in recent years. this wall of separation has a lot of problems. one of them is that if you are in the policy side of the process, success for you equating getting a bill passed. that is success. but the real goal is way down . nowhere is this more apparent that our for decades quest for independence. president ford signed a laww3

issue for working women and their families, it is a major issue for me and the rest of the it ministration. i have as my agencies to justice. -- to address this. one initiative is the flex options project, which is helping businesses expand workplace flexibility, policies, and programs for their work forces. it brings together employees and business owners interested in developing flexible workplace programs like schedules, family friendly policies, and others. this helps the navigate their work and personal responsibility while helping employers meet their needs. i see you have a panel this afternoon of businesses who will be responding to the women's nation report. we need to lift of employers better realizing that a balance can be a win-win situation for good business. they are working to help prove the economic security of winter financial literacy. through free classes on line, women can learn on how to apply for unemployment insurance and how to buy iphone -- buy a home. women will take advantage of new opportunities being created. as the transition, we need to make sure that our sis

. >> in your view that the bill the ministration supports, that the bill provides this fdic model quasi bankruptcy process. is that a fair statement? >> that is a fair statement. >> let me say that this issue that has -- we have been going through is of great concern to me. i looked closely at that bill. i thought earlier drafts were inadequate and did run the risk of another tarp. i think the bill is the right one, and your leadership has been very helpful. let me return to the broader discussion about panics and bounds and so forth in the context of aig. i want to understand the argument you're making. are you saying the reason the creditors had to be made whole was not because of the threat of were they not made holder would fail, but because the threat that if anybody was not made whole in a crowded derivative transaction there would be a broader mediation of derivatives market? would be a broad disintermediation in derivatives markets? is that -- is that your concern? >> i think that you are mostly right but what we see it slightly differently. if any -- aig defaulted on any single

that is not just in this administration, but also another in ministrations. we and the staff are in agreement with that. >> the gentle lady from california for five minutes. >> thank you, mr. chairman. thank you mr. sullivan for being before us today. i think the secret service does a great job. it saddens me to say that there was such a lapse this time at the white house. in the past, i know there has been close communication between the social secretary and the white house, legislative affairs, for example, if we're going to have congress people, for the christmas party -- c as peoplcongress people come for te christmas party. there are is always someone there at the first point before you get to the checkpoint where they check your purses, etc., every time. it is even if you have a meeting with the president for a particular policy. they're always there. in this pre planning meeting, did you all decide that no one would be specifically assigned from the social secretary's office or legislative affairs or what have you added the first checkpoint? is that a

the bush of ministration said -- the bush administration said we have not been attacked since 9/11. they were trying to bring our nation to an economic collapse. they have done more than that. the nation is completely polarized. we are going to be in a civil war of our own between the haves and have-nots. guest: i hope not. i hope that the -- at the presidential level you have to make decisions. if his decision was to pull everyone else -- pohle everyone el -- pull everyone out, the troops would have complied. the military will do all they can to make this successful. i hope the american people will success -- will support this in a way if the afghans don't measure up, then the president will evaluate that and make the proper decisions. host: a follow up on my earlier question with chris matthews. chris matthews apologized for the statement the next evening. guest: i know chris and it did not seem right to me. i think it was a knee-jerk reaction. our military academies are the source of our strength. they are leaders to commit themselves, many of them -- in my case, 37 years of the

to what level was this broader ideological struggle, how this resonates within the current ministratione a hesitancy or push back on looking at the problem through that lens. >> on like dan, i have the liberty of saying whatever i want to say. -- been unlike da -- unlike dan. the simplest answer is that i think this administration understands that this is a battle of ideas and the narratives. it has to come up with a counter-narrative to the narrative of the global islamist jihad. -- it is more less created over the last decade or so. the best proof of that is the president's speech in cairo. that speech in some ways it was addressed exactly to them. what is the narrative of the global islamist jihad? the short version is the united states is now a crusading power that is trying to impose its will on the moslem world by dividing the world up into smaller states which it can manipulate -- bids will on leave muslim world. what does barack obama say in cairo? what is his opening line? bin"we are not and imperialists colonial power. we are revolutionary state. we were born against an empire

generating now under obama and the numbers that were visible under the last few years with the primary ministration. there have been obviously large dramatic jumps. the numbers are looking a lot better. from the government policy standpoint, is this a goal of the administration, to increase the popularity of the united states with the population of these countries or is it something that is not all that important in terms of it for a possible? and do you think that the change in these numbers is due to the actual substancand substantive s between obama and bush or is it more stylistic changes? i am trying to get you to go of a message and get too fired from the state department. [laughter] >> of course, we all wish to be liked. but we spend a lot of time talking about indicators for success and how do we know if we are following up on the president's words in cairo in a way that is meaningful. how do we know if we are actually putting meat on the bone, as i said. if we took public opinion as our main indicator, we would be making a mistake. public opinion can be affected by a variety of factors, on

. >> host: katydid ministrations response to what happened on christmas day trip to the administration took a look at this and find admitted that we really do have a terrorist threat in this country, and that reed they really wanted to emphasize that we're going to start to work on the problem. i think that's important but i also want to see more details about how they're actually going to make changes. not just by adding security at airports. just starting to tackle our intelligence problems. >> host: how do you think that best will be resolved or worked towards? >> guest: hopefully, we will increase -- increase in working information building our state and local law-enforcement but also with our international partners. i think that's key for continued to work abroad to stop terrorist havens and sanctuaries. >> host: it sounds like you think it ministration has not done enough in their first year in office to get that rolling? >> guest: i think the biggest thing for me is a great example is the patriot act that president obama, you know, he came out and show support on the patriot act

even when i was workingçóxd in e ministration, i thought we should keep it,xd as president(d development deploy, even though it had not been adequately -- host: deploy what? even though the technology has not been proven, because president bush was determined not to let the democrats cut it back when he left office. i remember president reagan sitting in the meeting with people saying you have to deploy this thing. it has not been tested yet. i think you have to put that into context. host: in what administration, if you can, can you say what mistakes led to the situations we are in now with programs being overrun and costs exploding? guest: i will give you an example. when dick cheney was secretary of defense, he tried to cancel the be-22 -- the b-22, and president clinton kept it going because it was a convenient way to show that he was "tough on defense." right now you are spending over $100 million for each of those, and there are lower-cost alternatives. it had so many problems, it was not ready to go when we went into iraq and afghanistan and we were usingç outmoded equipment. th

promise and have good ideas and their innovating, may be filtered through small business that ministration. but what they ought not do -- they shouldn't use it to pay for entitlement programs, they should not use it for some federally run jobs scheme that will only create short-term jobs. last week you had a guy on there -- i can't remember the company but it was in the southwest and the president of the company attended the jobs summit and apparently -- i think they are doing something with -- host: their tractor. caller: air tractor. apparently they have market shares overseas and a need to expand their business. we need to look at companies like that that can bring some of the manufacturing base back to the country. host: you said not to extend programs -- benefit programs. here is "the new york times." many unemployed will not have access to health care insurance. in the first stimulus, if you were unemployed you could tap into the cobra program and still get health insurance -- your employer had to pay 65% and you paid 35%. is that a good idea? caller: we pay jobless benefits or exten

i am supportive of the obama at a ministration and i think he's doing a very good job -- the obama administration, and i think he's doing a good job given the extremism these people are exhibiting. i don't think anyone should ever imagine anyone could do that. my question is, do you think he has put a lot of extra measures forward or is trying to put them in place to make this any better? i would also like to wish my friend and happy birthday. guest: what we have seen in the last couple of weeks as it has been a series of air strikes in yemen. there were two strikes targeting the al qaeda leadership in yemen and also on american citizens. you probably remember this name from the forehead shooting -- he was an american citizen born in mexico and fled the united states. he was a prisoner in yemen and is now effectively free. he is a spiritual leader, some people call him the dear abby of the islamic world. one of these strikes was trying to target him. that tells me that the u.s. is trying to back up the government in yemen and give them the ability to take out these al qaeda cells and taking them

legislation next year. iazxsawñ6mabs8tçq=xé Ñthis diffs from barney frank's legislation andcthe5vu7aw ministration'sozing the regular establishment and stripping power from agencies including the federal reserve and the fdic kgj of

i would simply point* out the bill we will be asked to vote for on christmas eve private ministrationsown chief actuary, increases health care costs, but threatens the health care for seniors and threatens health care coverage and actually increases the amount of the gdp spend on health care rather than increasing. are these not facts or statements that i have had but assessments made for the chief of actuary for the obama administration. there is still time, even if the bill passes we will go home for christmas, the holidays coming here from our constituents. i hope we listen to that over 60 percent of americans who say be a bias you not to vote for this legislation. >> bid is time for a new chapter to be a victim profiles in courage and all they have to do is stand up and say no, i will not be part of what has been called corruption in the senate. not be part of what has been called bribery in the senate i will be back courageous person and vote no pritzker it is time for a new chapter of profiles encourage. >> it is the understanding and mississippi have the floor? >> i have several

states of america is being mismanaged by congress, mismanaged by our presidents and their of ministration'sisions that would have been made by the american people would be quite different and we would be in a different situation at this point. guest: i want to agree with you Ñion one point and disagree on a different one. that is, this crisis, this particular crisis did start one bad mortgage at a time. that is where the whole game began. and that is what inflated housing bobblehead and that -- the housing bubble and that is ultimately created the toxic acids that put the bank's africa cause us 14 months ago to rush in and bail out the banks. we are in the same -- but the banks at risk and cost ucost uso rush in and got the banks. we are in the same place on that. where we differ is on the government. the government is trying to encourage low-income borrowing. let me show you what the statistics show. i have just gone through the numbers to understand it better. what the statistics show is that the real first wave of subprime mortgages was selling mortgages to people who already owned a hom

guest: in the first reagan ministration we did increase defense spending significantly because of the970's we let it go down drastically. a lot of the bill but was for military pay. i was response will form manpower -- with a pay raise to the troops because they have been falling apart. we gave them housing allowances key to the areas you live in rather than being the same for the whole country. after we did that, we cut defense by the sec and the administration. and i pointed out on here, will recommend cutting in, what dennis refers to as star wars, ballistic missile defense. even when i was working at the administration i thought we should keep it, as president reagan did, in research and development. he never deployed it. his successor decided to deploy it even though it had never been adequately -- missile defense. we have put missiles and the ground in an alaska and in california even though the technology has not been proven because president bush was determined not to let the democrats cut it back when he left office. i remember president reagan sitting at a meeting where peop

senator tom daschle and former senator kenneth salazar now secretary of interior and why the at ministrationsending them to the hill if you have just -- obviously you can't talk about what they're seeing in these private meetings but why are they doing these negotiations right now? >> i think, look, getting a comprehensive health reform bill donner is challenging. it's a very worthwhile we are doing the things that senator reed believes will be helpful in his effort to get the bill passed. >> all right. let's take a final question. >> janet from "the wall street journal" to regard their cost containment measures not in the legislation that you think should be and if so, what are they? >> i think as i said, there are always things that could be strengthened and as the process moves forward, perhaps, you know, we will be paying attention to further tweaking. but i want to again emphasize to have a group of very impressive and bipartisan economists know about health care who laid out with a fiscally responsible health reform bill is and that's what i am focused on trying and the administration

obviously, the president reviewed earlier in the at ministration the rules surrounding the photographyat dover leaving, based on a recommendation from secretary of defense, leaving that decision up to the individual families of the deceased. some have decided and some have not decided to make those transfers public. and hopefully we can conclude this review shortly. >> after his speech when military family told cnn the president's comments were painful to them because their son took his own life and they have yet to receive a letter of condolence. >> that's why we are reviewing. >> would you say to that family? >> first, the first thing that i would say and i am sure the president would say that family for the courageous service that they exhibited on behalf of all of us in this country so that we might enjoy the freedom that we have. regardless of what happens, nothing of lessons the amazing contribution and sacrifice that is made. that is what the president would tell that family and what tell other families. >> they feel the sacrifice has sort of been diminished -- >> again, that is

host: in the first four years of the clinton a ministration, general george joulwan was the chief ofve asked that we be joined by contributions of our allies. some have already provided additional troops, and we are confident there will be further contributions in the days and weeks ahead. our friends have fought, bled, and died alongside as in afghanistan. now we must come together to end this war successfully. what is at stake is not simply a test of nato's credibility. what is at stake is the security of our allies and the common security of the world. host: did he make the case? guest: i think so. later in that speech, he talked about the objectives in afghanistan -- deny al qaeda's saving, reversed the taliban's momentum, strengthen the afghan security forces in government. i think those goals are worthwhile goals, and i truly believe that nato will rally around because they have been consulted now -- not just by hillary clinton today, but by the president, the secretary of defense committee chairman of the joint chiefs of staff. the secretary of defense, the chairman of the joi

share his frustration we're both well aware of the very issue of tracking progress with the head ministrationsprogram. . . that ensures the lender has is complete picture of the borrower's financial situation as possible. to this end i was very troubled to learn some modifications are being performed with minimal documentation. after all it was this practice of no or low documentation that helped create a housing crisis we face today. we should not be in the business of perpetuating this practice. according to the treasury department, 375,000 trial modifications are set to convert to permanent modification by the end of the year however, jpmorgan chase recently disclosed in november, close to 25% of the trial modifications' failed to meet the first payment of nearly 50% of borrowers field to mccaul three payments. furthermore federal reserve bank of boston sites 30 to 45% of borrowers who received modifications in up in default within six months. this raises some significant concerns i think about the ability of these programs to meet while a long-term expectations outlined earlier this year.

share his frustration we're both well aware of the very issue of tracking progress with the head ministrations

and jim dement -- demint and republicans working so hard to make it ministration a failure should beshamed. host: the senator reference and a piece in "the financial times." quotes him -- host: over on the house side, peter hall struck, ranking republican in the house republican many say the suspect should have had a red flag of >> was named -- peter hoekstra. host: louisiana, mark on our democrats line. caller: i believe the president was actually doing a good job. prior to this christmas eve -- not massacre, but trying to bomb a plane, the president already had strikes against game and so it tells you the white house has a grip on it. not to throw the shiites completely under the bus -- joe scarborough made an interesting comment this morning, -- not to throw the cia completely under the bus, just scarborough made an interesting, this money, how much have they stopped. and sewing up as underwear, that shows you al qaeda has to come up with types of, how can i say, technology to try to get through our airports because their ways of doing it before is not working because of the great

. >> blasted ministrations at 9/11 which enabled it to say fiscal discipli world. >> the reasons forncreasing the deficit in order to stable a horrendous outcome. >> maybe it was time. >> this crisis, restoration of strong -- in a downturn you need to have a large amount of federal deficit spending. there are those out there who think we haven't gone far enough and the second piece in terms of denial on the deficit side is next year we will spend on job creation because folks will say rather than attack the spending side we restore the american economy so revenues returned to their historic levels. the lesson of this crisis that goes automatically to the deficit side leads to a certain form of denial for another year. >> not any crisis will do. it takes a certain sort of crisis. >> every good discussion should circle back to where it began and i would like to take us back to the first panel we had yesterday. the unattractiveness of the political strategy of increasing taxes in this and many other countries for the last three decades. my question for the members of the panel is i am i

but the perception that this ministration will tolerate permanently large deficits could ultimately rattle investors and lead to large increases in interest rates. there are risks in over- aggressive job creation programs that can be sustained only by borrowing or taxes. . aggressive government job creation programs that can be sustained only by borrowing or taxes. all right. as i look at the protections, e we're getting out of the administration they're saying the deficits are going to run at 4.2% of gdp as far as the eye can see. and i don't see the economy growing any faster thanks say, 2%, at least in the foreseeable future. and that to me is a recipe for the japanese disease where this economy becomes like the japanese economy and ultimately for major inflation. now, if we confirm you, that's going to be on your plate. maybe not in the next six to 12 months, but certainly during your four-year term. is inflation going to come back? and if it comes back, because of these massive federal deficits to which samuelson refers, how are you going to deal with it and what do you see in your cr

al gore, vice president in the clinton had ministration was awarded the prize in 2007. the laureate and mrs. obama are welcomed by the chairman of the nobel political -- the nobel committee. barack obama is going to receive -- there is the question diplomatic solutions in conflicts in afghanistan, iraq and iran and north korea. there is the situation in the middle east and the climate problems. all of this means that there is extra interest in the nobel lecture that president obama will deliver today. on this side of the hall are the president of the norwegian parliament, the prime minister and the chief judge of the supreme court. almost all of the other cabinet members are also present and so are more members of parliament than usual. for security reasons, the guests had to arrive much earlier than as usual and it were taken to the hall threw another entrance than the usual one. the laureate and diplomats will be using the main entrance today. from the city hall, the bills will come via lauri at -- the bills will come the laureate -- the bills bells welcome the laurea

invasion of iraq was not only are wrong choice the self-inflicted wound on the part of the bush and ministrationed. a think earlier someone said outdoor might have done the same thing. -- i think earlier someone said that al gore might have done the same thing. we could argue about that. i still believe that those two wars were fundamentally different. >> john mueller? i have been keeping a list. >> two issues for build. i wish she would explain the people were exploding -- who are opposed to the unification of germany. your last point is well taken. he was also: powell -- it was also colin powell who said that the winter would come up with thousands of more trips. it surprised everyone how spectacularly successful it was. predicting that was hard. i would like to ask a question. you mentioned baker talking about bringing russia or natthe soviet union into nato. there is the argument that every alliance was designed to control the allies. in many cases, that was the main point of the alliance. it was to control allies instead of enemies. would you talk more about the idea of expanding nato to in

moratorium were not in place, if those loans currently -- for example, you add it is -- mention the of ministrations home loan modification program, foreclosure mitigation, if those don't convert to a long-term or permanent loan modifications, sustainable, you can add those to the pile as well. host: we want to give our viewers involved. host: the house on friday passed a financial regulations bill. one of the and then is defeated was one by john conyers and others that would have allowed bankruptcy judges to write down or unjust mortgages. would that have been a good thing? guest: bill, that is one of the most powerful tools that could actually move this foreclosure crisis forward in terms of modifying loans. essentiallyÑi what it says is a home would be treated like any other major asset -- a luxury yacht, rental property. in the event you are struggling to pay your mortgage, you have access to a bankruptcy judge and that judges -- not talking consumer advocate, but that bankruptcy judge will be able to look at the consumer's perspective, from a consumer and lenders perspective, and strike a reaso

to what level was this broader ideological struggle, how this resonates within the current ministration? it seemed to be a hesitancy or push back on looking at the problem through that lens. >> on like dan, i have the liberty of saying whatever i want to say. -- been unlike da -- unlike dan. the simplest answer is that i think this administration understands that this is a battle of ideas and the narratives. it has to come up with a counter-narrative to the narrative of the global islamist jihad. -- it is more less created over the last decade or so. the best proof of that is the president's speech in cairo. that speech in some ways it was addressed exactly to them. what is the narrative of the global islamist jihad? the short version is the united states is now a crusading power that is trying to impose its will on the moslem world by dividing the world up into smaller states which it can manipulate -- bids will on leave muslim world. what does barack obama say in cairo? what is his opening line? bin"we are not and imperialists colonial power. we are revolutionary state. we were born a

have done a good job individually talking about how we are aligned with the principles of the and ministration, as a group we have not done as good of the job as we can to align the interests of our constituents and the american public, and we agreed there are better ways to do that, and he gave us very good ideas about how to be better at communicating that in describing that in the real streets of america and not just in press conferences. >> lot of good discussion on lending, too. >> the not understand how the -- how angry the american people when it comes to the billions of dollars taxpayers gave with loans not coming through and the executive compensation? what was his tone today? was he irritated with you? did he express anger? >> it was very productive. the bankers were not surprised by public response. we get the same letters from small business owners who want more of a little bit to credit. it is a need to balance risk and award it -- reward. it was necessary to do what was right now. we understand we are under the microscope to insure every step we take lessons to customers and i th

share his frustration we're both well aware of the very issue of tracking progress with the head ministrationshe borrowers, nor does it suggest that they will be able to benefit from a modification. there should not be a push to achieve these targets at the expense that ensuring that modifications are being processed in a manner that ensures the lender has the complete picture of the bar or's financial situation. to this end, i was troubled to learn that they were being performed with minimal documentation. it was this practice of no or low documentation that helped create the housing crisis we face today. we should not be in the business of perpetuating this practice. according to the treasury department, 375,000 trial modifications will be converted to permanent modifications by the end of the year. the j.p. morgan chase disclosed that at the end of the year, a percentage has failed to make the first payment. nearly 50% of borrowers failed to make 03 payments. the federal reserve bank of boston size that 35% of are worse that receive modifications and the been the fault in six months. this r

to what level was this broader ideological struggle, how this resonates within the current ministratione a hesitancy or push back on looking at the problem through that lens. >> on like dan, i have the liberty of saying whatever i want to say. -- been unlike da -- unlike dan. the simplest answer is that i think this administration understands that this is a battle of ideas and the narratives. it has to come up with a counter-narrative to the narrative of the global islamist jihad. -- it is more less created over the last decade or so. the best proof of that is the president's speech in cairo. that speech in some ways it was addressed exactly to them. what is the narrative of the global islamist jihad? the short version is the united states is now a crusading power that is trying to impose its will on the moslem world by dividing the world up into smaller states which it can manipulate -- bids will on leave muslim world. what does barack obama say in cairo? what is his opening line? bin"we are not and imperialists colonial power. we are revolutionary state. we were born against an empire

we will look back in years to come and realize this is a very important day, important to the ministration, and we are asking our senate colleagues to join us. this should not be a partisan issue, this should not be bicameral. this is how we should be conducting our business. with that, i am pleased to be part of this coalition to make a difference in future generations. my great friend, john tanner. >> thank you. this is the single most important legislative tool to address deficits and debt accumulation. that is how important it is. >> does anybody have questions? >> do you intend to put up a temporary measure on this bill? >> we haveçó not made the decision. we are talking to the senate about how we can reach agreement on the defense bill and things that may be in there. it now remains the one appropriation bill and one conference report that needs to be passed before we adjourn for the year. >> is a state tax an option? >> a state tax is an option. we put a state tax and statutory who paygo and some are concerned about the borrowing intended to that piece of legislation. obviously, and

i think currently sense of the reagan ministration we embraced trickle-down economic theory and it hasn'thown to be -- as of right now if you look at what is happening with wall street and the bankers, we really need to worry about with that theory and increase in the future. host: mesa, arizona. debbie on the republican line. go ahead. sorry. caller: i just heard a gentleman say republicans, i guess, they are all just people, they don't represent construction workers. my husband and i have owned are on contract in business since 1975, and i know a lot of contractors and a lot of people who were construction and they are all republicans. republicans are for small business, they are for lower taxes. the mortgage crisis, i worked for a couple of years at bank one, and i did a lot of collections. i was a very respectful collector. i know those banks could have written those loans -- re- written those loans -- and put the payments a couple of years instead of foreclosing and putting people out on the streets. the banks will foreclosed, they put people out on the street and now the government

that is the message the president has hoped and wanted to send for his entire it ministration.and that is what he has done in the recovery plan. that is what he will continue to do tomorrow in his speech. no, she said what would that mean? that is easy. that is both noble and announce. then it is not hypothetical. i think i largely dispensed with that clause. >> when the announcement was made on the peace process, the white house said that the money would be donated to charity. has a decision been made on the charity? >> no. >> republicans argued that the funds on obligated should go to debt reduction only. >> no decisions had been made and once those decisions are made, we will enunciate those on hypothetical decisions. the boys can you even make that decision? >> i don't have any guidance other than the decision has not been made. >> al mullen said today about the july 2011, there's no exit strategy associated with that. that is a direct quote. is that accurate? that's exactly what he said. >> i do not know the context of the surrounding -- i understand. i am sure that he sai