mr. jacobe and mr. hiring. this fact that private lenders are not lending to those evin who would otherwise be deemed creditworthy has led to the issue that has ms. ozer pointed out approaching its ceiling later this year. so my question is this. >> and recognizing that returning to the lax to regulatory environment that caused the current problem would be unwise what else is needed to incentivize private lenders to free up the capitol that would allow small businesses to expand and hire which would turn around the weakened consumer spending and get the economy back on track? >> that's a really tough question. there's a lot of things that could be done that would encourage local lenders to hold more loans. everybody who's tried to figure that out has had some difficulty in terms of how to do that effectively, and you tried with various kinds of programs. you know, the big thing is to get consumers spending again and that is a larger issue. once that happens, then everything turns positive. in the interi

mr. jacob moody. that makes up the collective body of our implementation committee. only the core group is legally bound by the community benefits agreements mentioned in the brief that you have. please note the community benefits agreement legally bind as a condition that the developer and the community can adhere to, and is enforceable by community representatives. in addition, our most recent efforts and accomplishments have been to serve district 10 in the area of youth employment, which came about through strategic planning sessions and countless hours of hard work. "we are charged to do -- we are charged to distribute benefits dollars in the first phase of the funding. much of what we are talking about is a pilot program. i can see this being a model that could be replicated throughout district 10. this is something we will be discussing after we understand the rubrics and the matrix and out comes. we will be able to give you that scientific forensic data you are talking about so we can aggregate the information as it relates to individuals in district 7. the t

mr. jacobe and mr.ate the difficult task facing our nation with a lack of consumer spending highlighted as a top concern of small businesses. small business owners with regards to hiring. this fact is getting us back to the anemic consumer spending. the fact that private lenders are not lending even to those who would otherwise be deemed creditworthy has led to the issue that ms. ozer pointed out regarding this seven day progra approaching a season later this year. sow my question is this. given that there is a need and also recognizing that return to lax repertory environment that cause our current problem would be unwise, what else is needed to incentivize private lenders to free up the capital that would allow small businesses to expand and hire, which in turn would turn around the weak consumer spending and get our economy back on track? >> that's a really tough question. i think there are a lot of things that could be done that would encourage local lenders to hold more loans. everybody who is t

mr. chairman. dr. jacobe in your testimony, we discussed while credit conditions have been improved, as they're still considerably tighter than they were in 2006, 2007. i know that you mentioned three fact tears. one of them to housing and real estate markets. but dc-based on the third base that you take every night any conditions that are proving so that we could be to a point where we were five years ago? >> well, actually until about january of this year, we started to see a lot of things improving and i thought we actually were going to build some economic momentum. and that is inserted -- in the last couple of months. i think that we could build surprising economic momentum and really get back there if we could unleash this pent-up basically nationally that we more quickly than people think. >> can you imagine where we++ would be today if we were not+ infuse capital in terms of helping prevent the capital collapse the capital markets from collapsing quite >> was interesting last night i was watching

let's check in with jay jacobs. mr. chairman, simple question, should congressman weiner resign? >> i think he's going to have to make that determination. i don't think it's going to be productive for people calling for it. i think it's the people in his own district that hired him. they're the ones that are going to decide whether they fire him. he's got to talk to the people in his district. he needs to talk to his colleagues as well and his family. i think we've got to give him a little breathing space. this is something that is indefensible. i'm not going to defend his actions. but i think he needs a little bit of time. you know, we always rush to get an outcome. i think sometimes it's smarter to sit back for a few moments and let him make that determination. >> and as you asked for that time, though, as you look around the country, the former democratic national committee chairman tim kaine, now a candidate for senator of virginia, says he should resign. another democratic from arkansas says he should resign. allison schwartz, a congresswoman from pennsylvania, yes, just one

mrs. hugh hefner opens up and breaks down with chris jacobs. >> i disappointed everybody. i feel like i did. >> the 25-year-old playmate in tiers over dumping 85-year-old "playboy" mogul hugh hefner one week before their fairy tale wedding. >> i don't want to hurt anybody. i don't want to hurt hef. >> in her only television interview, the beauty gave me details what went wrong. >> crystal when you made this decision and had to tell hef, tell me about that conversation? >> i went in, sat down with him, told him that i was overwhelmed with everything, that i wasn't feeling too well. and i didn't think maybe the wedding was the best idea. i was like super afraid to say anything, you know, because "playboy" isn't just hef, it's like a whole family. everybody has been planning this wedding and surprisingly, he kind of agreed with me. >> how did you arrive at the decision to call it off? >> i can honestly say that i was not the only woman in hef's life. i didn't feel comfortable, in my heart, knowing that. and being able to get married to him. because marriage is between two peo

mr. chairman. dr. jacobe, in your testimony you discussed that while credit conditions have improved for small businesses, they are still considerably tighter than they were in 2006, 2007. and i know that you mentioned three factors. one of them housing and real estate markets. but do you see based on the surveys that you take every night any conditions that are improving so that we could be to a point where we were five years ago? >> well, actually until about january of this year we started to see a lot of things improving. and i thought we actually were going to build some economic momentum. and that has been sort of dashed in the last couple of months. i think that we can build surprising economic momentum and we could really get back there if we can unleash this pent-up demand in the economic sector and a few things basically would be today if we were not+ infused, capital, in terms ofo helping prevent the capital collapse, capital markets from collapsing? >> that's really interesting. last night i w

let's go to jacob now and he says mr.is today compared with the day he took office and the unemployment rate is not even 1% better. >> then we had a couple of tweets. more than a couple. we chose a couple. obama on economy, f. foreign policy, f. domestic policy, f. vacations and golf, a plus! >> and here's the twitter from gdroberts1, stu is too kind. f across the board. >> that looks like one of the etrade kids we see in crib. >> we should point out that stu's official grades were job , d, gdp d and housing f. >> one of the reasons why the economy can't get up and running is there's a bunch of fraud going on with regard to government programs and the attitude has always been oh, well, it's only $170,000, so what? now people are paying closer attention to some of these flaws in these programs because this government, oh, yeah, we're broke. there's a report that came out with regard to pension payment after people have died and apparently some family members aren't notifying the government the person is dead and they keep

mr. chairman, i'd like to review it before it is submitted for the record. >> advice numbers they have 15 minutes. >> while we're waiting to review it, we'll take our next -- jacob you commenced or chairman. i believe government can help set the rules that will make society and our economy more productive, more competitive, provide more jobs and also protect the public health and safety and that is often exactly what regulations are wrote about because sometimes be here dedicated antigovernment, anti-regulations. you wonder what they think would operate in its place except for whatever industry wanted. which may or may not be the best of the economy and the public. but i want to focus on what i think you are here to talk about and that his efforts to ensure that executive branch agencies employ transparent regulatory process that produces common sense balance regulations. that should be our goal and a police were going to look at this topic. in january, president de palma directed agencies to undertake a thorough look back at regulations within their jurisdictions and to examine ways to make is more efficient, more effect tears, more reflect to input from the pu