mr. johnson. they have a good relationship with mr. johnson. it is a philosophical discussion and there is no possibility anybody could no fool me in 2007 to 2008 that the words one nation under god up along the wall were permissible in a school district particularly -- >> thank you. >> good morning. >> good morning. if it please the court my name is robert muise and it is my privilege to represent the plaintiffs, mr. bradley johnson. this case presents a unique set of facts that are not contested and fact matter at the end of the day. based on the facts the school district did create limited public forum for the non curricular personal speech of its features including mr. johnson. >> is that the analysis or should we begin with the supreme court's decision in pickering-garcetti connick and ask whether or not this was actually hired speech by a public employee who is directed by the school board to teach a particular subject matter? and is entitled to make policy as to what may or may not be taught in the classroom? >> when you look at the firs

mr. johnson. they have a good relationship with mr. johnson. it is purely a philosophical discussion and there's no possibility that anybody could know fully in 2007 and 2008 that the words one nation under god, upon the wall, were permissible at a school district, particularly after newdow one. thank you. >> thank you, mr. sleeth. >> good morning. >> good morning. may please the court, my name is robert muise. it's my first represented plaintiff in this case mr. bradley johnson. this case presents unique set of facts, the facts that are not contested in fact they're really mad at the end of the day. based on the facts the district did create a limited public forum for the non-curricular personal speech of its students. excuse become of his teachers including mr. johnson. >> is that the analysis? or should we begin first with the supreme court's decision in pickering-garcetti connick, and ask whether or not this was actually hired speech by a public employee who is directed by the school board to teach a particular subject matter? and is entitl

mr. johnson, they have a good relationship with mr. johnson. this is a philosophical discussion, and there is no possibility that anybody could no fully in 2007 and in 2008 the words one nation under god up on the wall for miscible in the school district particularly -- i'm not sure i understand why it is that we disregard the fact that this is something happening during the school day through the school commentary being offered by somebody who is an employee of the school why do we disregard all that? >> again, it's a question with the first amendment deals with the government restricting speech, restricting the speech as an individual would be an employee or employee year and certainly they make the point as well as other cases. >> only you don't take the position that the school couldn't them this all together. >> this is where the problem comes in because they created a forum for the monterey to the speech, the government could based on the arguments of the council we're going to allow you to put up campaign posters but we will not allow a

mr. johnson. they have a good relationship with mr. johnson. this is purely philosophical discussion, and there's no possibility that anybody could know fully in 2007 and 2008 that the words "one nation under god" up on the wall were permissible in a school district, particularly after ludall one. >> thank you. >> good morning. >> good morning. if it please the court my name is robert. it's my privilege to represent the plaintiff, mr. bradley johnson. this case presents unique set of facts. the fact that is not contested and facts really matter at the end of the day. based on the fact, the school district did create a limited public forum for the noncurricular freedom of speech. >> is that the analysis or shouldn't we begin first with the supreme court's decision in pickering garset timbings, connick and ask whether or not this was actual leer hired speech by a public employee who is directed by the school board to teach a particular subject matter and is entitled to made policy as to what may or may not be taught in the classroom? >> well, i t

mr. johnson. [laughter] >> commissioners, ray hart, san francisco open government. this is something but a star chamber secret hearing. how can the citizens or anyone beyond this commission and a few extra people know whether these changes are necessary, appropriate, whether they are implemented properly? because it is all held secret. everything you do is in closed session secret, and you give justifications for it. what the citizens get is absolutely nothing. i filed a complaint with the office of citizen complaints, and this is the exact extent of my participation in that process. i get to file a complaint. i get no information about what the hearing was, who participated in it, what evidence was taken. i just get a form letter saying we have decided there is no support for this case, and the only thing you can appeal is if you want to supply new evidence. you say how can i supply new evidence when i have no idea what was considered, who was consulted, who did the investigation or anything else? basically what i get is a get a letter saying we heard your case, an

mr. johnson, how are you? >> steve johnson, the police association. i just want to bring up the fact that i mentioned to a couple of commissioners. that i can't see where when the o.c.c. does an investigation, police officers have to document the traffic stops they make and when someone forgets about that, how is that a citizen complaint? i don't get that. they always use it as an added allegation against the officer. that just doesn't seem right. it has been going on too long. they should notify the police department, the chief's offense or whatever. in an interview, a personal interview with the officer, that takes at least six months. they think there is something there, they should notify the captain of the station, the lieutenant, the sergeant. something can be done right away. it doesn't have to be a physical complaint or an interview or anything else. same with 849-b. certificates of release. it is another item that the o.c.c. uses to put an added allegation on any of their investigations and sustain it because maybe it did occur and maybe it d

mr. johnson knocked on the door. you may have figured it out by now. to us, he was still the great dark man. a mythical man or object to desire. it was probably why we jumped to attention. jesus. tucking the incriminating evidence. wait. let this go down first. >> why? i don't know. seems rude. ben widened his eyes at me. did you learn that from miss manners. i hid myself. this probably made me look grand. that somehow seemed preferable. men opened the door. he was standing there. i'm sorry fellows. come on in. our visitor shot a quick glance. can we get you something to drink? remaining seated. there's a soda machine. no thanks. did you have a hard time finding us. i'm michael i said. finally standing. this is ben. he shook our hands. i'm patrees. i am worried that it might make me squirm. i found it hospitable. that it put he more at easy. we're glad you came. patrice smiled. ben caught my guy. he began to rearrange the forskin. it seemed to swell. when he removed it, he said, i open it's okay. i'm sort of a kiss pig. no problem. as i caught my breat

mr. johnson for an amendment. this is an amendment that was inadvertently left off of the glock package should have been included, so therefore i think it's acceptable to both sides, mr. johnston has recognized for five minutes will the clerk please pass of the amendment? without objection reading the amendment will be dispensed with. >> the gentleman is recognized to explain his amendment. >> thank you mr. chairman. i believe this was cited in the glock package to on the second page. it should have been included it was left out clerical error. it does and control in the opposition. this has to do with our chezem and a tricare pilot program. the results are promising in the children are getting care. this amendment would require to dig deeper into the results of the study and generate some data that would allow the pilot to be scaled up and allow private insurers to offer affordable coverage to america. professionals in the autism treatments firmly support this amendment and reports are costly. i know that but it's

mr. lazard to read the spirits of officer suguitan. >> on saturday generate 23, 2010 at 1721 hours, ms. johnson phoned the police to report that her roommate, mr. smith, was suffering from psychological problems, had been drinking, and was taking medication. in her request for the police, this johnson indicated mr. smith was not known to carry weapons and that she wanted vice from officers on how to deal with mr. smith. she needed assistance based on his behavior. officers brodericks suguitan and samuel fung arrived at the scene within four minutes. officer suguitan and fung were met by the woman outside of her porch. officer suguitan observed at the front door of the residence was open and stepped inside. officer suguitan noticed mr. smith and mr. rios, an additional roommate, were standing face to face having a conversation. both men were approximately 7 feet in front of officer suguitan. officer suguitan looked at both men and stated, how are you doing, we are here to help. mr. smith and mr. rios both faced officer suguitan. immediately, officer suguitan realized mr. smith's and were behind

mr. johnson for research and combat wounds. an amendment by mr. ohnson for special operations technology development an amendment by ms. sanchez for semiconductor innovation. an amendment by ms. sanchez for combating terrorism technologies support. >> without objection reading of the amendment will be dispensed with. is there any discussion on the gentleman's amendment? the not, the question is on adoption of the amendment offered by mr. thornberry. so many as are in favor will ayea, those o poised no. the yeas have it and the amendment is agreed to. the chair now recognizes mr. thornberry for the purpose of offering an n-block amendment. >> call up package number three consisting of legislative amendments that have been worked and comprised of the following. >> will the clerk please pass out the amendment. >> an amendment by ms. roby for radio communications system, by mr. akin for forced protection sensors an amendment by mr. smith for hypersonic testing facilities. an amendment by mr. smith for experimentation modeling. an amendment by ms. davis

mr. johnson recognized for his questions. >> thank you, mr. chairman. mr. attorney general, i welcome you here today. as head of the justice department you are responsible for among other things enforcing federal criminal laws, defending the united states against civil actions, and also protecting our national security. now at a time when your department has been adversely impacted by the ravenous budget cutting, i was puzzled by one of my colleagues on the other side questioning you about the allocation of your precious resources to the issue of adult hard core pornography. and i was -- i really would like to know what is adult hard core pornography. but because my time is limited, i will forego that question. but mr. attorney general over the last couple of years, you have successfully prosecuted many terrorists cases. in fact, under your leadership the justice department has successfully prosecuted more terrorists than any other two-year period in history. the recent military operation, which led to the death of osama bin laden is a testament as to how t

mr. johnson. >> thank you, mr. chairman. i think i speak for many of my colleagues and the american people whether i express my frustration that we continue to relitigate this issue of "don't ask, don't tell" when we have other pressing business that occupies our attention. my mind is taken back to the photograph inside the white house on the evening of the most spectacular joint operations mission that has ever happened in the american history. and that was the apprehension of osama bin laden. that picture -- i guess it's probably eight or nine people in there. the overwhelming majority of whom have never been in combat. never been on the ground in combat. but yet they were able to plan, rehearse, and then effectuate this spectacular situation that has made us all proud. i want to speak to the issue of commanders and civilians having the authority, the civilian authority to make this decision. of course, having taken into consideration voices of those servicemen and women who are currently serving. now the military has said

mr. johnson. my further public comments? >> good evening. commissioners, thank you. chief, sir, congratulations. i'm looking forward to working with you for a long time. everything i have heard from all the officers in the station, nothing but praise. one of the things that you were addressing that seems to be on everybody's mind is a lack of qualification -- i would like to see something of this written into our rules and regulations holding us to the same standards that you hold the police department to. if the officer cannot -- he should not be out on the street. i concur with you 100%. and as far as lieutenant pera, i have talked with him many times over the past couple of days. i will continue to work with him. i will continue to hunt down our officers and speak to them in person and i will even offer to bring you that information that you requested personally to make sure that it gets here. one of the things we have found out is that lieutenant pera went to the police commission office to look for paperwork that was missing and did find some, so that tells me t

mr. johnson. the chair: the gentleman is recognized for one minute. mr. johnson: i rise today in strong support of the restoring american offshore leasing now act. last night, i had a telephone town hall with hundreds of anymy constituents. the overwhelming concern was the high price of gas. seniors, students, working families and small businesses want to know what we're doing to help lower fuel costs. they want us to stop being dependent on foreign energy and start really developing america's resources today -- resources. today we're doing that. unfortunately, our colleagues across the isle -- the aisle believe raising taxes on oil companies will lower the price of gas. this defies both logic and common sense. not only would raising tacks ensure job losses in america but it would result in the increase of america's dependence on foreign sources of oil. raising taxes on american energy companies would give a competitive advantage to the russians, the chinese and opec countries that are operating without anti-growth and anti- self-sufficient energy policies

mrs. johnson. >> from other traded shamelessly on her relationship. bride about it.audible] as a young person things are pretty boring. looking back. margaret tipple, if she was discussing you know, there are things i did that understand that the time. this boring, nice lady. a 70 admired the things this did. at one. when i was in high school i actually got to spend a week with her. my mother somehow arranged that i should spend my spring break in new york. i got on a train and went up to new york. i guess. the united nations when she was working. she observed when she had held her own against the soviets. we went up to dallas. she went along. one of her glasses. this was a school for at risk boys. they were all black, i think. but you know, i have never. i was raised in virginia and had never been in a place. but the thing i realized, she had a lot of personal experience. she had more charm than you would think of. if you remember this book, yes, yes she did. the kind of person you would get a crush on. chicopee without a list of. [inaudible] she was not quite the u

mr. johnson. the chair: the gentleman is recognized for one minute. mr. johnson: i rise today in strong support of the restoring american offshore leasing now act. last night, i had a telephone town hall with hundreds of anymy constituents. the overwhelming concern was the high price of gas. seniors, students, working families and small businesses want to know what we're doing to help lower fuel costs. they want us to stop being dependent on foreign energy and start really developing america's resources today -- resources. today we're doing that. unfortunately, our colleagues across the isle -- the aisle believe raising taxes on oil companies will lower the price of gas. this defies both logic and common sense. not only would raising tacks ensure job losses in america but it would result in the increase of america's dependence on foreign sources of oil. raising taxes on american energy companies would give a competitive advantage to the russians, the chinese and opec countries that are operating without anti-growth and anti- self-sufficient energy policies

mr. johnson. >> thank you, mr. chairman. i think i speak for many of my colleagues and the american people whether i express my frustration that we continue to relitigate this issue of "don't ask, don't tell" when we have other pressing business that occupies our attention. my mind is taken back to the photograph inside the white house on the evening of the most spectacular joint operations mission that has ever happened in the american history. and that was the apprehension of osama bin laden. that picture -- i guess it's probably eight or nine people in there. the overwhelming majority of whom have never been in combat. never been on the ground in combat. but yet they were able to plan, rehearse, and then effectuate this spectacular situation that has made us all proud. i want to speak to the issue of commanders and civilians having the authority, the civilian authority to make this decision. of course, having taken into consideration voices of those servicemen and women who are currently serving. now the military has said

mr. johnson. the chair: the gentleman is recognized for one minute. mr. : i rise today in strong support of the restoring american offshore leasing now act. last night, i had a telephone town hall with hundreds of anymy constituents. the overwhelming concern was the high price of gas. seniors, students, working families and small businesses want to know what we're doing to help lower fuel costs. they want us tstop being dependent on foreign energy and start really developing america's resources today -- resources. today we're doing that. unfortunately, our colleagues across the isle -- the aisle believe raising taxes on oil companies will lower the price of gas. this defies both logic and common sense. not only would raising tacks ensure job losses in america but it would result in the increase of america's dependence on foreign sources of oil. raising taxes on american energy companies would give a competitive advantage to the russians, the chinese and opec countries that are operating without anti-growth and anti- self-sficient energy policies. mr. speak

mr. johnson recognized for his questions. >> thank you, mr. chairman. mr. attorney general, i welcome you here today. as head of the justice department you are responsible for among other things enforcing federal criminal laws, defending the united states against civil actions, and also protecting our national security. now at a time when your department has been adversely impacted by the ravenous budget cutting, i was puzzled by one of my colleagues on the other side questioning you about the allocation of your precious resources to the issue of adult hard core pornography. and i was -- i really would like to know what is adult hard core pornography. but because my time is limited, i will forego that question. but mr. attorney general over the last couple of years, you have successfully prosecuted many terrorists cases. in fact, under your leadership the justice department has successfully prosecuted more terrorists than any other two-year period in history. the recent military opation, which led to the death of osama bin laden is a testaments to how this

mr. johnson. mr. johnson: join with me. i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the speaker: the chair will entertain up to 15 one-minute on each side. for what purpose does the gentleman from ohio rise? without objection. >> mr. speaker, the average for a gallon of gas in ohio is over $4 a gallon. and in eastern and southeastern ohio this is particularly hard on families in rural areas. farmers, ranchers, seniors, working families, these high gas prices are having a negative impact on everyone. the higher gas prices go, the more of an impact it has on our economy and our chances for real economic recovery. small business owners are watching money they could otherwise invest in their businesses go to paying for fuel. and working families are anxiously redoing their budgets to account for higher fuel costs and looking for ways to cut back. we're blessed with an abundance of natural resources i

mr. johnson. the speaker pro tempore: the gentleman from ohio is recognized for five minutes. mr. johnson: thank you, mr. speaker. today i rise in strong support of the reversing president obama's offshore moratorium act, which will lift the president's ban on new offshore drilling by requiring the administration to do what my constituents in eerch and southeastern ohio have been calling for congress to do. open up for production the areas that contain the most oil and natural gas resources right here in america. the hardworking people of my district have made it abundantly clear that their number one concern is the rising price of gas at the pumps. over the past week this side of the aisle has begun to show the american people that we are serious about addressing our energy crisis. and we will not succumb to bringing up bogus proposals that make go well in the court of public opinion but may result in higher gas prices. in 2008 our country was also experiencing record high prices at the pump. any logical commonsense response to those record high prices, that congress and that pres

mr. johnson recognized for his questions. >> thank you, mr. chairman. mr. attorney general, i welcome you here today. as head of the justice department you are responsible for among other things enforcing federal criminal laws, defending the united states against civil actions, and also protecting our national security. now at a time when your department has been adversely impacted by the ravenous budget cutting, i was puzzled by one of my colleagues on the other side questioning you about the allocation of your precious resources to the issue of adult hard core pornography. and i was -- i really would like to know what is adult hard core pornography. but because my time is limited, i will forego that question. but mr. attorney general over the last couple of years, you have successfully prosecuted many terrorists cases. in fact, under your leadership the justice department has successfully prosecuted more terrorists than any other two-year period in history. the recent military operation, which led to the death of osama bin laden is a testament as to how t

mr. johnson. >> aye. >> mrs. hartsler. >> aye. >> mrs. castor. >> aye. >> mr. heck. >> aye. >> ms. sutton. >> aye. >> mr. schilling. >> aye. >> mrs. han bus sa. >> aye. >> mr. runyon. >> aye. >> mr. scott. >> aye. >> mr. griffin. >> aye. >> mr. pa lot sew. >> aye. >> mr. west. >> no. >> mrs. roby. >> aye. >> mr. brooks. >> aye. >> mr. young. >> aye. >> mr. rogers. mr. courtney. >> no. >> ms. giffords. >> mr. chairman, on that vote, the ayes were 54, the nos were 5. >> the amendment is agreed to. the chair now recognizes mr. cooper for the purpose of an amendment. >> thank you, mr. chairman. amendment number 164, i would ask to be distributed. >> the clerk will please distribute the amendment. without objection, the reading of the amendment will be dispensed with. >> gentleman from tennessee is recognized to explain his amendment. >> thank you, mr. chairman. this amendment has to do with the joint strike fighter but only the f-35b, the short takeoff and vertical landing variant of it. so in this vast program, this is a very small aspect. what the amendment would do is, the committee

mr. johnson for five minutes. >> thank you, mr. chairman. i woke up on sunday morning and i felt i was in heaven but you now all have burst my bubble. [laughter] so back to reality, right? mr. atkinson, you believe that unless congress creates a national framework to ensure consistency and fairness in the tax code there's a risk the digital goods and services purchased and down loaded and one state would be taxed at higher rates and related physical goods, is that correct? and do you agree that that is a legitimate problem? >> i would say i think it is certainly a rest. i thought you asked me, i'm sorry. >> no, mr. brooch maker do you see that as a legitimate issue? >> i think there is some risk if we leave it unattended too long, but we need to work for framework that takes into account the need for definitions and allowing things to be taxed somewhere, and so i think it's possible to construct the free market needs to be done in a timely fashion and i think it can be. i just think this framework isn't there yet. i think we need a framework

mr. johnson for five minutes. >> i was thinking, i will, on sunday morning and i thought i was in heaven. now

mr. johnson to ask support for an amendment to bring all of us together. the designation of a national day of honor to celebrate the members of the armed services who will be returning from deployment in iraq and afghanistan and other combat areas. this national day of honor would recognize the enormous sacrifice and invaluable service that those phenomenal men and women have undertake ton protect our freedom and share the gift of democracy in other parts of the world. how many of us have stopped to say thank you to a soldier walking alone in an airport, maybe having made a travel of millions of miles, thousands upon thousands of miles to find himself or herself in a rural hamlet or urban center coming home. they've come home over the years and they have come home not seeking glory or appreciation. that's our men and women. the men and women of the united states military intelligence community who help bring down osama bin laden didn't ask for applause and appreciation but my amendment will give all americans, no matter what your political views, religion,

mr. president johnson said mr. debell represented millions of businesses who st. paul wrote were not slothful in business, but ferment in spirit. romans 12. while times have change, they need to lift up the entrepreneurs that are not slothful in business, but fervent in spirit. that's the purpose of today's hearing. we want to recognize the 27.2 million small businesses in america that are struggling to recover for the great recession. more specifically, we'll hear from the federal government and how they are implementing the small businesses jobs act passed with the help of many remembers of the committee. this legislation has been touted as the i think the most important. let me recognize a few things, senator shaheen who is here for the opening statement in just a moment. i want to put a few things into the record. last congress, 111th, the committee hear compelling testimony from small business owners across the country, struggling to keep their lights on, doors open, and stretching to keep valuable employees on the payroll. many business owners could not get

mr. chairman. >> thank you, chairman speed. chairman bernanke. >> chairman johnson, ranking member shall be and members of the committee, think of the opportunity to testify on the federal reserve board monitoring system at risk and promoting financial stability both as a member of the financial stability oversight council and under our own authority. the dodd-frank act created the fsoc to mitigate threats to the united states. during the existence the fsoc has established the organizational structure and process necessary to execute its duties to read the fsoc have completed studies on the limits on proprietary trading and investment in hedge fund private equity funds by banking firms and so-called volcker rules. on the concentration limits, on the economic effect of the risk retention meet and economic consequences of systemic risk regulation the fsoc is currently seeking public comment on proposed rules that would establish a framework for identifying and non-bank financial firms and market utilities that could pose a threat to financial stability and therefore s

mr. chairman. >> thank you, chairman speed. chairman bernanke. >> chairman johnson, ranking member shall be and members of the committee, think of the opportunity to testify on the federal reserve board monitoring system at risk and promoting financial stability both as a member of the financial stability oversight council and under our own authority. the dodd-frank act created the fsoc to mitigate threats to the united states. during the existence the fsoc has established the organizational structure and process necessary to execute its duties to read the fsoc have completed studies on the limits on proprietary trading and investment in hedge fund private equity funds by banking firms and so-called volcker rules. on the concentration limits, on the economic effect of the risk retention meet and economic consequences of systemic risk regulation the fsoc is currently seeking public comment on proposed rules that would establish a framework for identifying and non-bank financial firms and market utilities that could pose a threat to financial stability and therefore s

president johnson said that mr. bedell represented millions of american small businesses, who as st. paul wrote, were not slothful in business but fehr vant in spirit. that would be romans 1211. while times have changed since then, i believe it's still our responsibility as policy makers to lift up these entrepreneurs that are not slothful in business but are fehr vant in spirit. that's the purpose of today's hearing. we want to recognize the 27.2 million small businesses in america that are struggling to recover from the great recession. more specifically, we'll hear from our federal government, how our federal government is implementing the small business jobs act passed last year with the help of many members of this committee. this legislation has been touted as a single most important piece of legislation in decades for small business. let me just mention a few other things and i recognize senator shaheen who is here for her opening statement in just a moment. i do want to put a few things into this record. las

president johnson said that mr. bedell represented millions of american small businesses, who as st. paul wrote, were not slothful in business but fehr vant in spirit. that would be romans 1211. while times have changed since then, i believe it's still our responsibility as policy makers to lift up these entrepreneurs that are not slothful in business but are fehr vantn spirit. that's the purpose of today's aring. we want to recognize the 27.2 million small businesses in america that are struggling to recover from the great recession. more specifically, we'll hear from our federal government, how our federal government is implementing the small business jobs act passed last year with the help of many members of this committee. this legislation has been touted as a single most important piece of legislation in decades for small business. let me just mention a few other things and i recognize senator shaheen who is here for her opening statement in just a moment. i do want to put a few things into this record. last co

mr. bush a project for this national campaign. she took heart from something that ladybird johnson had said years before. i'm going to quote from my book. lady bird johnson had said about the white house, it would be sad to pass the such a bully pulpit. it is a fleeting chance to do something for your country that makes your heart sang. if your project is useful in people notice it and that reflects well on your husband, that is one of your biggest roles in life. mrs. bush says, i could have never guessed that i would end up with such a chance to be useful and such an enormous return on a relatively modest effort. she investigated a number of possibilities for her project. she decided that she was going to focus on literacy. there are some people who have suggested that the reason that she picked was receipt was because her son was dyslexic. asked her about it at the time that i interviewed her comanche's said, no, that really was not correct. she was a lifelong reader, a lover of reading, and she just felt -- and here, if people could read she felt everything else was going to be able to be improved. th

mrs. kennedy, and she adored him. so notice, she is standing next to him, not her husband, or not even vice president johnson. and that was part of her power as well, not just during the cold war, but just throughout her husband's presidency. now, we also give her credit for saving lafayette square. imagine standing in this day and age in front of the white house with your back to the north portico facing out towards lafayette park. what if we didn't have the beautiful town oklahomas that are there now -- town homes that are there now including dolly madison's home, the townhome where she lived after her husband's presidency and into her retirement? imagine if we had high-rise, concrete federal office buildings? this is the plan that had been put into motion in the 1950s because the federal government continued to proliferate. and so president eisenhower and president kennedy had signed off on the plan to raze, to demolish all of the townhomes in lafayette square and use that prime real estate to put up high-rise office blocks for the federal bureaucracy. mrs. kennedy got wind of this, and she went to her hus

johnson, thank you for coming in. >>> the news of bin laden's death had a positive impact on the stock market early. we'll look next. . you know that. aww. you're the best, mr. snuggles. [ thinking ] another pet name? you're right, puggle-wuggle! [ voice on phone ] hey, wiggly. all right, i'm smart enough to notice that my favorite fresh-brewed mickey d's sweet tea is now on the dollar menu, along with that juicy mcdouble. so i'm smart enough for this. you're the best, too... sweet tea... pie? aww, chipmunk. nicely done, chipmunk. [ male announcer ] sweet tea and the mcdonald's dollar menu. the simple joy of being smart. ♪ >>> stocks shrugged off the bin laden news closing down. >> it certainly felt like it was going to be an up day. we started with a bit of a bounce. but a return to reality. higher commodity prices, unemployment, and lingering effects of a weak recovery took hold. just like the jubilant crowds celebrating at the former world trade center site, steps away wall street reacted to the fuse of osama bin laden's death. the stock market opened strong and oil futures an indicator of what we'll eventually pay at the pump were down. >> incorporated

mr. chairman. >> secretary donovan, please proceed. >> thank you, chairman johnson, ranking member shelby and members of the committee for the opportunity and partnership. which i was reminded of again this past weekend as i joined other members to tour the devastate wrought by the recent tornadoes. as i prepare to return next week, i want to assure the members from the affected states to ensure the administration makes the lives of displaced families whole again. today i discuss the budget america calls for to out educate, out innovate, and out build our competitors. i will also highlight the steps our proposal takes to improve how we operate the programs and hud's choices that we take to make sure we take responsibility for our deficits. obviously, our fiscal year 2012 proposal was developed before the continuing resolution for the fiscal year was passed by congress and signed into law by president obama. although the cuts were necessary to ensure we live within our means and keep the government running, president noted the cr contained real cut that is will have real impact on services and people

mrs. kennedy lost her husband, her home, and her job. imagine what that must have been like for her, and yet, she was willing at the request of the new president, lyndon johnson to come into the cabin and stand next to him when he took the oath of office. those of you remember that day, i know have this image burned in your brain. mrs. kennedy refused to change clothes. she was wearing her famous razz berry suit and the hat came off in the chaos, but she refused to take off her bloodstained suit because she said i wanted them to see what they did to my husband. i was seven at the time and i remember watching that, and i can remember that we gasped when she came off the plane and was still wearing that suit, but she refused to take it off. she then became the mourner in chief for the nation. she had a few moments of shock, again, given the horror she witnessed in dallas, but quickly, she got wits about her. she asked her husband's family, sergeant shriver and cabinet members to plan the funeral and asked it be based on abraham lincoln's funeral. she was thinking of symbolism and history even in her grief. coming down the steps of the capitol with caroline on o

mr. chairman. >> thank you, chairman speed. chairman bernanke. >> chairman johnson, ranking member shall be and members of the committee, think of the opportunity to testify on the federal reserve board monitoring system at risk and promoting financial stability both as a member of the financial stability oversight council and under our own authority. the dodd-frank act created the fsoc to mitigate threats to the united states. during the existence the fsoc has established the organizational structure and process necessary to execute its duties to read the fsoc have completed studies on the limits on proprietary trading and investment in hedge fund private equity funds by banking firms and so-called volcker rules. on the concentration limits, on the economic effect of the risk retention meet and economic consequences of systemic risk regulation the fsoc is currently seeking public comment on proposed rules that would establish a framework for identifying and non-bank financial firms and market utilities that could pose a threat to financial stability and therefore s