mr. johnson. but i apologize for that. no i'll get to mr. johnson and compliment you. mr. johnson, the executive vice president of corporate government affairs the u.s. airways where he oversees corporate, legal, and regulatory affairs. prior to joining u.s. airways in 2009, mr. johnson was a partner of indigo partners llc a private equity firm specializes in accusations and strategic investment and the airline and arrest -- aerospace industries. he earned the mba and jd from the university of california berkeley and the ba in economics from call state university and sacramento. thank you, mr. johnson for testifying. and what i said to mr. kennedy about u.s. airways, obviously applies to you. but it i did tell both of you all, i was thinking we're going testimony is going to be flipped, but it really is a well managed airline. i don't travel american. so i really don't have that many occasions to travel on american. but when i did, it was very professional. our third witness is mr. kevin much l with the -- mitchell. chairman and founder of the coalition where he advocates f

mr. johnson did not call the police because he just doesn't call the police. it's not his way.he reported the crime because that's what you do when someone breaks into your home and violates your space. >> jimmy: somehow they found the three whitest people on earth to do that story. [ cheers and applause ] why didn't you want to call the police? >> well, basically where i'm from, we don't really talk to the police. >> jimmy: i understand. >> so i didn't give a police report. >> jimmy: have the police been helpful? are there any leads? >> no comment. >> jimmy: okay. earlie, is it possible that angela threw your porn out? [ laughter ] because she would be my lead suspect. >> yeah, she told me that. >> jimmy: of all these videos, which one do you miss most? >> i miss one that pinky had. that's my favorite. it's called -- it's called -- i don't know if i can say this on tv. >> jimmy: oh, okay. don't worry, we can only hear every third word you're saying anyway. [ laughter ] angela, will this be a speed bump if your wedding plans? >> no. >> jimmy: don't letter lee sh et the wedding

mr. johnson agrees with that but i want to come back to you. you have contractors that would like to use e-verify to clean up their work force on their current or legacy employees? >> the sub contractor base that we use, the vast majority are small-businesses and in the state of utah currently the vast majority are not required to use e-verify because they have 15 employees. >> would you select an elective for an employer to do so a their discretion? >> we would not support that. we would take the same position as the chamber that legacy employees should not be post screen. >> i read the position of the chamber on this and i am curious from you if you could tell me, the concern that has been voiced is an employer might step in to some type of liability if they utilize the e-verify on current employees. why would one object to you employer using their discretion on using e-verify? >> i can only speak for my company and why we would be concerned about that. we would be concerned, we would not do that because we believe that it would open us up to

mr. johnson. mr. johnson, according to fbi statistics, about 72% of the gun homicides committed each year in america are committed with handguns. 4% with rifles, 4% with shotguns, 1% with other firearms, and 18% unknown. 72% classified as handguns. if 72% of gun homicides are being committed with handguns, would that suggest that you prefer banning handguns as well? >> there are no discussions of banning handguns or restricting handguns from women or any other group. i do not want to give up my hand guns. we are here today to talk about a universal background check that would help make our nation safer and limit high-capacity magazines. they are used in crimes and violence across america. >> even though far more people die each year from handgun- inflicted injury than assault weapon-inflicted injuries. >> we believe the limit on high-capacity magazines, even in handguns, is necessary. no more than 10. >> thank you. first i want to acknowledge of the family members out here who have lost loved ones in s

mrs. johnson, married for 39 years. >>> that's it for us. we will be back on the air for the state of the union at 9/6 pacific tonight. for now from washington, i'm brian williams. good night. >>> from nbc news, the state of the union address, live from washington. here's brian williams. >> well, good evening. and behind us here tonight, the entire government will be gathered in one building for the president's state of the union address, and in many ways, tonight the real work of the second term of the obama presidency begins. at least the part the president would like to accomplish and where he sees the nation headed. he faces, of course, a sharply divided congress, sometimes violently so, and a divided viewing audience. here tonight, a nation starting to see some daylight after years of recession, and it's the long, suffering middle class that will be the target of much of his message tonight. we should tell you at the same time, we are following a very tense news event, across the continent on the west coast in the san berardino mountain

mr. johnson. first of all, with regard to current former employees, as to retiree, we are working through our bankruptcy and determining what will happen with retiree benefits. i will say that as we have with current employees, where we have changed the medical insurance benefits upon retirement we are seeking to do the same with regard to retiree employees, with regard to pensions, as you know we were successful in freezing our pension plans rather than terminating them and that is terrific for all employees because we will pay all of the benefits under our pension plans to our employees. we are not sending those obligations to the pbgc for payment -- we would freeze those plans rather than terminating and that is success out of this bankruptcy. >> thank you. do you see any changes to the basic benefits occurring in years to come? >> i don't know what will happen in future years, but particularly with union employees and nonunion employees when we structured our new contracts with our organized l

mr. johnson? >> i'd be happy to start. in terms of testing for their effectiveness, they are tested almost every day with pg&e service territory we probably have 80 electrical outages every day. we have opportunities to test our emergency centers on a regular basis and in fact there's an emergency center open today just for some of the work that's happening throughout the service territory. so in terms of just our effectiveness it's something we do each and every day, unfortunately it's something we do every day but at least it's there. our infrastructure, we don't want to have outages, we design so we minimize that damage but we always know there will be things mother nature throws at us that we can't design around whether it's an earthquake or a major storm. we get challenged with major storms throughout the service territory so it's not unusual that a major storm comes by every year and takes out about a fifth of our base. we have service responders on our own teams well in excess of a hundred a year. in terms of prepar

mr. johnson. >> yeah, we have some limited capability in terms of aircraft and on site helicopters in our outskirting area, but in terms of a major event in the san francisco bay area, we would be heavily focused on those folks who provide that service to us under contract. we do not have our own helicopters in oakland or san francisco itself, as was already mentioned to, san francisco is very difficult to get to in the case of a major even it's either going to be getting people in or obviously getting across the bridges and getting material in. while we have the transport ability on the ground we don't have a lot of aircraft capability. most of our facilities wouldn't come in via aircraft anyway. the services we need, it's not typically getting the people, it's getting to the location you need to do the work. while we can drop folks via helicopter, we do that on a pretty regular basis during fires and storms up in the mountains, it's going to be able to get the roads clear and get the bridges open or get access into the location for which we need to get to. in fact, we suffered tlie that

mr. johnson: thank you. mr. speaker, sequestration is a self-inflicted wound that really does not have to happen. i hate to make my tea party friends uncomfortable by using a dirty word, but with a little compromise we can get this thing passed. if tea party republicans choose not to compromise, sequestration will arbitrarily take $85 billion out of our economy, lowering our g.d.p. and harming our economic recovery. we shouldn't sacrifice our economic well-being because republicans are unwilling to vote for one penny in new contributions from their billionaire friends. republicans continue to stand up for the billionaires, they continue to stand up for the oil companies and all of the other powerful interests out there that are making money hand over foot while the middle-class americans are asked to shoulder the burden of the tea party obsession with cutting government. now, there's a big difference, ladies and gentlemen, between cutting government and cutting services that people need and depend on. there's a

mrs. johnson, married for 39 years. >>> that's it for us. we will be back on the air for the state of

mrs. johnson tweeting: it hasn't been too big a problem in our house as long as the debate stays respectful>> josh gomez tweeted us, it's not that important to me as long as you love each other. love has no boundaries. >> sleepy 177 tweeted it is crucial we have the same political views. if not we would have different ways of thinking and it would never work. thank you to everyone who responded. we have seen high-profile couples where the one feels the one way and the other feels the other. and they have a great relationship. >> they

mr. johnson. it is a pleasure. thank you for helping us tonight. i want to ask you off the top. the economy is sluggish as you well know. do you expect any pro growth measures from president obama in tonight's state of the union. >> i sure wish he would talk about growing the economy. that he is just right there diversed. but i'm afraid he won't. i'm afraid he will be talking about increasing taxes and that is not going to take care of this pro growth tax reform. using energy resources. those are the types of proposals that he needs to make. that is what creates a lot of revenue. that would reduce our deficits but that is not the change of the course unfortunately. >> might obama surprise us tonight? larry summers wrote about this. might he surprise us and be more pro growth? >> he is. he has to have a strong middle class. the middle class has been under attack. and i think what you are boeing to see this president is going to want to put middle class people to work. we want to help the middle class but we have had the obama formula. we have had the spending and the temporary ta

mr. randall k. johnson, pending before congress and the federal agencies. before joining u.s. chamber, he served as u.s. counselor to the u.s. house of representatives committee on education and the work force. mr. johnson is a graduate of the university of maryland school of law and earned his magser of laws and -- master of laws and labor relations from georgetown. and finally ms. emily tully is policy attorney for the national immigration haw center. her advocacy focuses on maintaining and expanding the rights of low-wage worker, and she analyzes -- [inaudible] she holds a jd from the college of william and mary in the chairman's home state. with that, i believe we have a demonstration of e-verify. and you are welcome to take it away. >> all right. we're going to bring this up on the screen here. happy -- i'm the deputy chief at u.s. immigrations services, and i'm going run for you this afternoon two cases. one case that goes through automatically and one case that gets a tentative nonconfirmation response. i'm using test data today on our test system. so this is what the l

mr. johnson, we have sunshine. we also have all of the money. that doesn't hurt either. here's an interesting statistic. microsoft has been talking about the xbox saying they are in 76 million homes. in half of those homes, there are no children. video games apparently not just for kids in other words. and finally, virgin america announced new routes from sfo to austin and anchorage. they are calling sfo to austin, the nerd bird. back to you. >> tech flavor there. >> they mean nerd with love. >> absolutely. let's check the forecast right now. stay right here in the bay area if you can today. >> yeah. why would you ever want to leave the beautiful bay area? good morning to you. temperatures are going to be comfortable today. hard to believe we are in the middle dab smack in the middle of winter and we're talking about temperatures in the mid 60s everywhere. 64 inland. 63 bayside today. 62 degrees at the coast. and our temperatures keep on climbing as we progress through the week. we'll time that out for you coming up. seven-day outlook ready to go. first, if you have to g

mr. johnson said today the company would answer all questions posed about it in the coming days. mr. ackman said he's going to pose some questions. do you plan to answer his questions? dez walsh, president of the company. it depends on the question. at this stage, we believe we have addressed in a very comprehensive way the questions that have been raised. we are committed to total transparency. well, if an investor came up with a legitimate question -- oh, right away. any legitimate questions. absolutely. we're going to answer them, because, remember, our commitment is to total transparency. so, if there is a question that we believe raises any issue whatsoever that we believe has merit, then absolutely. we benefit from people understanding our company. our products. our business model and so we will answer any and all questions in that area. wouldn't it behoove you to answer his questions? sure, absolutely. we're happy to answer any questions that we can. so, when he sends them in, you're going to answer them? walsh -- we're going to answer them, providing we believe it's not somet

johnson. thank you. i yield back. mr. poe: i thank the gentleman for his comments. mr. speaker, sam johnson is a remarkable individual. the nickname that the north vietnamese gave him of die-hard, he's still that way. he's hard core. he is opinionated and he can back up everything he says. but that's a good thing. he does represent the best that we have in this country. his military background. we have in the house of representatives members of congress, both sides, that have served in our military, all branches, in the reserves, national guard, they served in world war ii. they served in korea and vietnam, like sam jonson. they served in both iraqi wars, afghanistan war, and they are still serving today. we have members who have lost their limbs for this country while on active duty serving this country. . and sam johnson is among that elite that have represented america, the flag, and our country, when our country needed our military. he's married, three kids, we now know that one of them died recently, and he has 10 grandkids. he served in the war, the second war, not

mr. johnson: thank you. today, madam speaker, i rise in opposition to this hyperpartisan and inhumane house substitute version of the violence against women re-authorization act of 2013. this version is inhumane and cynical because it removes certain classes of individuals from the protections of the act. as guaranteed by the senate version. this inhumane house version removes all references to gender identity and sexual orientation, ignoring evidence that domestic and sexual violence also affects lgbt victims at equal or greater levels than the rest of the population. it also limits protections for native american women and omits some protections for immigrant women. why would we want to exclude these populations from coverage? vote no on the house substitute and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from michigan reserves. and the gentlewoman from washington continues to reserve. the gentleman from michigan is recogniz

mr. johnson of course has done over the last few years, focusing on the mega brands as you say, carl.ighest multiples in the group, it is a 19% premium, that is berkshire and 3g are paying to its all-time high so one can imagine when he first heard from mr. buffett and mr. paolo from 3g with the joint potential bid mr. johnson made, he said okay, maybe now is the time to consider selling for shareholders, done a lot of work here and if we can get a 20% premium to the all-time high trading at the multiple we, getting 14 times ebitda maybe we should take it. clearly he did and this deal i heard the original approach made maybe in mid-december a so-called soft approach, they didn't talk price, they had a nice cordial dinner and then they get a deal done less than two months later. >> it's interesting, going to bring some cultural change to pittsburgh. he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get

mr. johnson: to address the house for one minute. the speaker pro tempore: the gentleman is recognized.r. johnson: i rise today to congratulate allen high school in my district for a recent victory on december 22. the allen eagles won the texas state championship with a score of 35-21 against houston lamar. back in 2008, the allen eagles clenched their first class 5-a division state title and now in 2012 they've done it again. after completing their incredible 15-1 season, the allen eagles have officially been named to the eighth annual mac football tour of champions. in the past nine seasons, time wester bird, head coach of the eagles, has led his team to two state titles. it comes as no surprise he was named 2012 dallas area coach of the year. the allen eagles are known to be a team with heart and it's now priven they have the heart of a champion. congratulations, allen eagles, on a tremendous season. a way to represent the city of allen and continuing the storied tradition of great high school football in north texas. god bless you. i salute you. the speaker pro tempore: the gentlema

mr. johnson gives, talks to analysts. it will be really interesting. scripted. he is under guard. we interviewed dez walsh, who i thought was a pretty good spokesman for the firm couple weeks ago. it is funny, bill ackman gave a speech or gave some commentary. he mentioned my interview with him, carried by the other business networks, much to their dismay i'm sure. you know, look for this thing, look for him to throw a little bit of a monkey wrench and look for them because michael johnson isn't as smooth as des walsh. i thought he was pretty good. he was pretty much on message. michael walsh, the ceo generally not. i'm not saying he is a bad ceo. two different skillsets. he is not good at presenting the company's line sometimes. seems just, just doesn't seem right. look for them to heavily coach him. don't be rattled by anything ackman does. i can tell you ackman will be looking at that 10k. ashley: i'm sure he will with a fine-tooth comb trying to find something in there he can latch on to. >> like i said. if you think about it, he started shorting t

mr. peter johnson, jr. >> good morning. >> eric: good morning.have a chance of winning like a chance of completing the titanic cruise. they're not going to be winning these lawsuits. once you sign up for carnival or any of these cruise lines, you basically sign your life away. you agree in the ticket that you'll bring the lawsuit within a certain amount of time. if you don't, you're out of court. you'll bring it in a certain city. for carnival, miami. federal court. if you don't bring it there, you're out of court. you have to have a personal injury. you're out of court. you can't bring a lawsuit for inconvenience. plus there is a clause in the ticket contract that says they can basically go anywhere they want to go at any time once you're on the cruise ship and you have no remedies at all. so you need to have a bonafide, permanent, personal injury or illness that's caused as a result of their conduct. >> eric: let's listen to what the lawyer says for the second lawsuit that's been brought. this is attorneys quoting saying she was deprived, his c

mr. johnson. >> thank you.as he has demonstrated that the s 150 cannot pass scrutiny because it discriminates against different things. i would point out that it would mark the most extensive gun ban in the history of this republic. the 1994 ban, listed several brands that could not be made. in 1994 ban, firearms with a pistol grip that per attituded lower than the firearm. that virtually -- the only reason i can't say every but every rifle and shotgun made today has a pistol grip. it is not a separate pistol grip it is just the area where your hand fits around makes it more comfortable to fire. so any semi-automatic that have a replaceable magazine. the category seems to be focused on style as they say military style but the fact of the matter is, nobody would go toward with a semi automatic. they would go toward with a m16. the price of the creation of the assault rifle, which is fully automatic they had to drop the pow ore of the cartridge by 50%. you can't fire a military round without getting the heck beat

mr. and pat johnson who's the assistant to the managerial financeses and i'm going to intros them a little later. we have basically and you nerve can tell because of the surprises from the other government and is the feds and the elimination of redevelopment and et cetera but we have got an 80 million-dollar revival in five years and in case we have to ref development -- all of our economic indicators are up and they are above rejection and up $11 million above our projection and that is every revenue and income source and standard business source and is tour restaurant tax and is most of the rest of the city has holt new restaurants and? jack land and still a heart in the center of the bay area [name?] who was just one of the chef's award warded of the year and oakland is a city boomings and we are tryinged and part of ourselves and we have had amazing growth and we are going to move more towards towards it's business second thoors you care about we have -- taken $11 million and invested it in our town and we have even with the loss of economic development we have a new economic developme

mr. sessions points out a little known fact that after colonel sam johnson got out of the prisoner of war camp and served for 29 years and served in the fame thunderbirds and has a remarkable air force career. i yield two minutes to mr. ralph hall, the senior member of the texas delegation and house of representatives. mr. hall: i thank my colleague. i do rise as others today for a great american and a very dear friend, sam johnson. it's been said over and over again about operation homecoming, but that is one of the great days that i remember. and i'm sure it's in sam's mind and heart, he appreciates all of us here getting to say a few words about him. he served for 29 years in the united states air force flying combat missions in korea and vietnam. captured by enemy forces and seffvens yeareys as a prisoner of war and 32 months in solitary confinement. sam never lo his faith in god and continue todd show leadership and courage teaching other prisoners how to survive. through those seven years sam remained committed to staying strong and helping other soldiers to do the same thing. on fe

mr. chair, i yield back. >> thank you, ms. johnson. let me introduce our witnesses. our first witness is mr. richard tempton, chairman, president and c.e.o. of texas instruments. mr. templeton has served as texas instruments' chairman of the board since april, 2008, and president and chief executive officer since may, 2004. in addition to his work with texas instruments, mr. templeton also serves as the chair of the task force on american innovation. a broad group of stakeholders that support scientific research. mr. templeton earned his b.f. in electrical engineering from union college in new york. our next witness is dr. shirley anne jackson, president of windsler polly technic institute since 199 . she served as the chair of the u.s. nuclear regulatory commission. she also has had an extensive career working in several prestigious physics laboratories, researching subatomic particles. dr. jackson earned her ph.d. in theoretical elementary particle physics from m.i.t. our final witness is dr. charles vest, president of the national academy of engineering. he was ele

mr. johnson: you know, in just two days president obama's devised plan of across-the-board spending cuts,wn as sequester, will kick in. i voted for house legislation to replace the president's plan with smarter and more responsible cuts. unfortunately the president and his friends in the senate ignored it. right now america's over $16 trillion in debt. that means every american owes more than $52,000 each. taxpayers all across this country know that washington has a spending problem, not a revenue problem. enough is enough. now's the time to work together to stop spending money we do not have. we need to give the american people what they want, need and deserve. we must get our fiscal house in order by balancing our budget. it's almost too late. let's act now. the speaker pro tempore: the gentleman yields back. the chair is entertaining 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from ohio seek recognition? mrs. beatty: thank you, mr. speaker. people are here from civil rights leaders, educational programs for our children. they're a

mr. johnson at jcpenney. and saying, we're going to do it all.oing to go in, no discounting, get rid of the coupons. >> stock's not been terrible. >> no. don't they report this week, jcpenney? >> i think they do. i think people will be all over that trying to figure out if the balance sheet problems have been cured. comps in the end lead to a vicious cycle down. he's got to break that cycle. tureko which is pbh, they've been saying it works quite -- you know, his business is good with them. so let's see. >> what do you think the level of desperation is at this point, david, to your point inside of jcpenney from ron johnson, trying to get this thing turned around by any means necessary? say whatever you've got to say, do whatever you've got to do, show results or he may not be sitting in the chair by the end of 2013. >> they own a sizeable stake of this company. everything we hear from mr. ackman continues to indicate he has confidence in this. >> right. that's important, everything you say we hear. the public story hasn't changed, at least accord

mrs. johnson tweeting: it hasn't been too big a problem in our house as long as the debate stays respectful. >> josh gomez tweeted us, it's not that important to me as long as you love each other. love has no boundaries. >> sleepy 177 tweeted it is crucial we have the same political views. if not we would have different ways of thinking and it would never work. thank you to everyone who responded. we have seen high-profile couples where the one feels the one way and the other feels the other. and they have a great relationship. >> they dated for three months and still together after 45 years. >> that's a good valentine's day story. >> happy valentine's day to you and your family. "fox & friends" starts right now. >>gretchen: good morning. it's thursday, february 14. happy valentine's day if you're celebrating that today. i'm gretchen carlson. thanks for sharing your time. let's start with a fox news alert. olympic hero under arrest charged with murder after his girlfriend was shot in the head. was it a valentine's day surprise gone wrong? details ahead. >>steve: president obama painted a pr

mr. chairman. chairman johnson, ranking member crepo and members of the committee thank you for the opportunity to testify today on the fdic's efforts to implement the dodd/frank wall street reform and consumer protection act. while my prepared testimony addresses a range of issues, i will focus my oral remarks on three areas of responsibility, specific to the fdic. deposit insurance, systemic resolution, and community banks. with regard to the deposit insurance program, the dodd/frank act raised the minimum reserve ratio for the deposit insurance fund to 1.35% and required that the reserve ratio reach this level by september 30th, 2020. the fdic is currently operating under a restoration plan that is designed to meet this deadline and the dif reserve ratio is recovering at a pace that remains ontrack to achieve the plan. as of september 30th, 2012, the reserve ratio stood at 0.35% of estimated insured deposits. that's up from 0.12% a year earlier. the fund balance has now grown for 11 consecutive quarters, increasing to 25.2 billion dollars at the end of the third quarter of 2012. the fdic has al

mr. chairman johnson. i have one more question i'd like to ask.and that's a question about why the large banks are trading at below book value. we all understand that book value, you know, it's just what the assets are listed for, what the liabilities are. and that most big corporations trade well above book value. but many of the wall street banks right now are trading below book value. and i can only think of two reasons why that would be so. one would be because nobody believes that the banks' books are honest, or the second would be that nobody believes that the banks are really manageable. that is, if they are too complex either for their own institutions to manage them or for the regulators to manage them. and so the question i have is what reassurance can you give that these large wall street banks that are trading for below book value, in fact, are adequately transparent and adequately managed? governor tarullo or ms. miller? >> so there's certainly another reason we might add to your list, senator warren, which is investor skepticism as t

mrs. johnson. the speaker pro tempore: without objection. mr. jeffries: today we are here as members of the congressional black caucus to weigh in on the important issue that confronts this nation as it relates to the need for comprehensive immigration reform. my honor and my privilege to represent the 8th congressional district anchored in brooklyn and parts of southwest queens, one the moist diverse districts in the country. a district that has blacks, whites, asians, latinos, immigrants from every corner of the world. i recognize in the capacity of my representation in that district the significance that immigrants have given both to the community i represent as well as for the city of new york, the state and the nation. i'm proud that we have been joined by several distinguished members of the congressional black caucus, which for more than four decades has been known as the conscience of the congress. and in that capacity, the congressional black caucus has year after year spent time trying to perfect our democracy and create a more perfect

mr. johnson of georgia for friday, february 15. without objection, the requests are granted. under the speaker's announced policy of january 3, 2013, the gentleman from tennessee, mr. roe, is recognized for 60 minutes as the designee of the majority leader. the house will be in order. mr. roe: i thank the speaker. before starting this special order, i'd like to yield as much time as he may consume to the gentleman from mississippi, mr. palazzo. mr. palazzo: i want to thank the good doctor from tennessee for yielding me some time. mr. speaker, in two weeks we face one of the most devastating cuts to our military that our country has ever seen. literally a worst-case scenario for our men and women in uniform all in just two weeks. for a year and a half, several of my colleagues and i have been discussing with anyone who will listen the devastating impact of these automatic budget cuts, but still we have stalled and delayed so where we are where no one in their right mind will be. if these stop a number of agencies will be severely impacted as well. defense cuts are bad enough. u

mr. michael johnson, i don't know. i think des is little sharper on his feet.ed a lot of questions. he handled the questions about the sec and who contacted who. clearly they contacted the sec but the sec contacted them because they obviously started some sort of formal inquiry into the company and you think it is over these disclosures. i think it is funny ackman tried to get a cheap headline. let me in. tracy: you into he would try. >> that's what i like about him. ashley: charlie gasparino, great stuff, charlie. stay tuned as they say. appreciate it. >>> all right, it is that time as we do every 15 minutes, check on the markets. go back to nicole petallides at nyse. looking at two major movers today. >> that's right, tracy and ashley. looking at two major movers, one at an annual high, and one at an an y'all low. gartman. basically the long and short -- garmin. they sell navigation systems in your car, gps, where am i going, that is not doing as well as they had anticipated. below estimates. the stock dropped. look at a winner here. la-z-boy moving to new hi

mrs. kim bochy. and let us now welcome distinguished members of the giants ownership group, charles johnson, david jenkinsd rob veen, tory and steven humphrey and allen baer. and we also joined by past giants owners. please welcome the family jamie and kim rupert and peter stoneum. also here with us today bob and connie laurie. peter and debbie mc clawlin. bill and sally newco. and now let's give it up for your giants training staff. david, mark and carl, and harold. [cheers and applause] [inaudible] your assistant coaches. shawn dun can, dave stone and the there will will clark. [cheers and applause] . and the manager for the past 54 years the legendary one, mike murphy. [cheers and applause] and we would also like to extend a warm welcome to all of the giants alumni that we have here today including former giants manager feleap laua and five of our hall of famers. gay lord perry, orlando si pirra, jaun, lily misconnie, and willy mays. [cheers and applause] we also want to acknowledge congresswoman nancy pelosi along with her husband. thank you so much for being here. we know how busy you with the electi

mr. chairman. recommender johnson coming thank you. [inaudible conversations] [inaudible conversations] >> today were announced in upper moving forward with the change to a national delivery schedules. the new delivery schedule will result in a $2 billion annual cost reduction and is an important part of a return to profitability, financial stability. beginning august the fifth year, the postal service delivery schedule will consist of six days of package delivery in five days of mail delivery. this is a new approach for the postal service. over the pastures are posted by the schedule for mail and packages, but her new approach is based on a great deal of customer input over the course of the last six to seven months and reflect strong demand for delivery on saturday it enables the postal service to achieve significant cost reduction. we tell you today is not complicated. package delivery to continue monday through saturday. no changes in terms of postop hours. we'll continue to deliver mail on saturday, which is important for a number

mr. chairman, rajing member johnson, thank you for the opportunity to be here. i'll be happy to answer any questions. >> thank you. thank you for your testimonies today. i'll recognize myself for five minutes to ask questions and mr. templeton i would like to address my first question to you. let me preface by saying this in the united states every year $400 billion is spend on research and development. about $140 billion comes from the federal government. those are huge amounts of money. but they also have the potential to do huge amount of good. and so my question is, where would you target the government's research and development to get the best returns and what might those returns be? >> well, chairman, smith i guess the way i would describe if it you take a look at the innovations that doctor vest just described investment and physical sciences has really been diminishing over the past thirty years. as a percentage of gdp. a lot of studies that was in 2007 with -- talk about doubling that over the next seven years. so i think that distribution is the -- dir

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johnson. >> my question is for mr. oakes. i'm not a professional historian, but i'm a member of the public who doesn't buy your argument yet either. i multipart question will make a brief period is your thesis from the outset of the republican party was spent on abolishing slavery? and if so, archie that required to tell us which republicans and over time so charles summers, who are more liberal compared to the moderate and conservative republicans who did not want to end slavery. also a quick note about frederick douglass and changing the constitution, wasn't gary smith feature knife in his news newspaper? did the whole daycare or sony do before that without the constitution? estimates repair question. >> he was certainly influenced by gary smith. that's no question. i'll resist the suggestion of some biographers have made that he changed his mind because garrett smith paid him $200 pair of frederick douglass wasn't that kind of person. daneyko backwards. >> the republican party from the start. >> the republican party an ant

mr. buss. let's hear from shaquile o'neal and madgic johnson. >> he gave me everything inwanted.ension, he gave it to me. i wanted a second extypings, he gave it to me. i wanted a third extension, he traded me. [ laughter ] >> this is a celebration of life. this is a celebration of success. we shouldn't be sad. we should be happy that this man enjoyed his life and did it his way. >> real whole thing today. >>> danica, danica, and more danica. she holds the pole position for daytona 500. here we go. harvick taking the checkered flag. he played it safe, finishing 17th in this event. danica, her car in one piece, just playing it cool, waiting for sunday. >> just trying to stay out of trouble for that last few laps. not a lot of fun to drop back light that, but it's the right thing to do. it's more important to start on the pole for the a daytona 500 than to get the last few lap of chaos. >>> the snow went away, allowing tiger woods to play some golf this afternoon. just outside tempe, arizona. the grounds crew clearing snow off the course, and we're ready to go with woods. this is o

mr. speaker, i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentlewoman from texas for five minutes. ms. johnson: thank you, mr. speaker. this month the supreme court will hear arguments in shelby vs. holder, a case that challenges the constitutionality of section 5 of the voting rights act. it is imperative that the voting rights act be upheld in its entirety. for without it, a fundamental piece of our democracy will be out of touch for millions in this country. mr. speaker, i stand here after two decades and i'm supposed to be standing here representing a district that's been altered twice. but, mr. speaker, i stand here representing a district that has been altered three times at many times in this last two decades. and we saw in the recent election that discrimination on the basis of race is a persistent reality throughout many localities and states protected by section 5 of the voting rights act. without these protections, voters are at risk of losing their fundamental right to vote and to have that vote counted. the voting rights act provides a remedy to protect voters even by addressing a

johnson. the president addressed a wide range of issues from the budget stalemate in the capital to job creation throughout america. >> mr. obama also addressed a hot button topic in california. that is proposition 8, a ban on same same-sex marriage. >> here is dan ashley president aring from washington, d.c. >> carolyn and larry, good evening from washington. it has been an interesting and informative day here at the white house. we have been here all day long and met a number of cabinet secretaries and i had the opportunity to speak one on one with president obama. >> in your state of the union, mr. president, you praised our troops and said they exceeded expectations while some of our institutions let them down. which institutions were you referring to? congress one of them? >> all of us have to take responsibility about thinking about the same patriotism, due tee, responsibility we see on display in our military. >> the president of late is clearly frustrated with the stalemate in congress over the so-called saw -- sequester. spending cuts that will kick in without a budget agreement. they run able to agree on taxes