mr. lynchoing to show up here at the santa clara county hall of justice to show a demonstration for him before and presumably after th preliminary hearing. mr. lynch is accused of assaulting father jerold lindner at his los gatos retirement home last may. he presumably went there according to reports to confront the priest and accuse him of molesting himself and his brother when they were children. we had a chance to speak with his attorney last year, last december, pat harris tells kcbs that lynch is ready for his day in court. >> the strategy is very simple: we plan to go to trial. mr. lynch is resolute in the case, determined to have the facts come out and he will go all the way to trial. >> reporter: now, the defense is expected to bring a lot of events into this case, what happened to mr. lynch and his brother when this were children, allegedly, as well as other alleged victims who were allegedly molested by father lindner. the prosecutors in this case for santa clara county have been relu

mr. lynch: i ask to strike the last word. the chair: the gentleman is recognized for five minutes. mr. lynch: i would be remiss if i did not thank the speaker, speaker boehner, for the open rule that we have been working under for the past several days. >> madam speaker, the house is not in order. mr. lynch: even though we haven't agreed on much, i do appreciate the fact that we have been able to have an open and fair debate and full debate on some of the most profound issues of our time. now, i'm hoping earnestly this is not the last open rule. it has turned three days of debate into six or seven days of debate and there has been a lot of hot air in this chamber. i think if this chamber with were a hot air balloon, we probably could make europe. but i do think there is credit due to the speaker for allowing this debate to occur. i do want to remind the members in spite of some of the pronouncements of the previous speaker that there is law that prohibits federal funding to be used for abortion

and with that, mr. lynch, what we're going to do now if -- with your permission, the panel's permission, we're going to extend your panel 30 minutes're which will take care of all the 27 minutes that we've gone over and give some of our very all talented, younger members an opportunity to ask questions. >> does that exclude me, o mr. chair? [laughter] >> well, i was talking about the talented members. [laughter] >> i'm neither talented, nor ab young. >> i mean, obviously --nted >> i don't know, welcome to the club. >> i think i've been just excluded on both criteria. >> you would be included under talented but probably excluded under new. >> we're matching ends of the dais. >> so, but mr. watt -- >> oh, i'm both talented and young now. i'm sorry. hey, i got, got in at a good time m and i'm not sure i want to take time to ask a lot of. questions. i b actually have looked at the report and will look at it more thoroughly. que i want to use my time really toe comment more on a couple of things that i thought wer

and with that, mr. lynch, what we're going to do now, with your permission, th panel's permission, we'reoing to extend your panel 30 minutes, which will take care of all the 27 minutes that we've gone over, and give some of our very talented younger members an opportunity to ask questions. >> does that exclude me? >> well, i was talking about the talented members. >> i'm neither talented nor young. i mean, i don't know -- >> welcome to the club. >> i think i've been just excluded on both criteria. >> you would be included under talented but excluded under new. >> we're matching ends. >> mr. watt. >> i'm both talented and young. >> i got in at a good time. i'm not sure i want to take time to ask a lot of questio. i actually have looked at the report and will look at it more thoroughly. i want to use my time really to comment more on a couple things that i thought were important because it's ironic that i got beat up a lot back in 2007 because i was the cha of the oversight subcommittee of this full committee.

. >> mr. lynch for three minutes. >> i like to think the witnesses for coming to this committee today to help us with our work. the derivatives part of dodd- frank is central to reforming our markets. i think it caused a lot of difficulty in pain of the financial crisis. the interconnectedness of derivative products and their use magnified anonymous counterparties that concentrated risk outside the risk -- -- our regulatory framework. we have asked the sec and at dcc to begin the process of regulating the over-the-counter derivatives market. neither agency has held jurisdiction over it in the past. unconcerned that these increased responsibilities, the that they have received klatt funding with the extension of the continuing resolution. the ability of the agencies to police the market and force commodities laws is severely limited under current funding levels. particularly concerning is that by holding these agencies to lower levels, neither has been able to hire the staff and expertise differing f

mr. lynch: but the argument was made and made loudly from my colleagues across the aisle that we couldn't afford to cut -- excuse me. we couldn't afford to make millionaires pay more taxes. we were talking about increasing the tax rate on amounts over $250,000 from 36% to 39%. and we were told that we could not do that. yet here we are today, and we're talking about cutting low income heating assistance for families in the northeast in new england that are suffering from the worst winter in decades, we're talking about cutting w.i.c. for single moms trying to raise kids. we're talking about cutting education and funds for kids. it seems that our priorities are misplaced here. save the tax cuts for the millionaires, but cut everything for people who have nowhere else to turn. it's reverse robin hood, we're robbing from the poor to make sure the rich keep their tax cuts. i can't believe it. you know, in that bill, not many weeks ago, just a few weeks ago, we actually -- i didn't, but those who vo

. >> mr. lynch, for three minutes. >> thank you, mr. chairman. i thank the ranking member. i'd like to also thank the witnesses for coming to this committee today to help us with our work. the derivatives title of the dodd-frank act is central to reforming our financial system. i believe the derivatives market, it's opacity and extreme leverage caused a great deal of the difficulty and pain of the financial crisis. interconnectiveness of derivatives products and use magnified among anonymous, anonymous counterparties concentrated risk and much of it outside the reach of our regulatory framework. we asked the sec and cftc to issue numerous rule makes and hold public hearings to begin the process of regulating the derives market which neither agency held jurisdiction over the past. i'm concerned despite the increased responsibility through dodd-frank and the sec and cftc have relieved flat funding due the extension of the continuing resolution. the ability of the agencies to police the markets and enforce securities and commodities laws is severely limited under current fundi

if convicted lynch could get four years in prison. >>> san francisco police mr.d a meeting to get input for the next cleave. the examer reports 20 to 25 people have applied including a mix of internal and external candidates. mayor ed lee is expected to appoint the new chief by early to mid-march. >>> san francisco police now plan to use a more humane approach when dealing with the mentally ill. it's a story we told you about yesterday. police approved the plan calling for 40 hours of specialized crisis training for about a quarter of their officers. the goal is to cut down on the use slufer force. the new method comes in the wake of three shootings by police over the past year and is based on a method that has been used successfully in memphis, tennessee. >>> let's get you to where you need to g sal, another crash in oakland. where did this happen? >>> oakland at high street. the 880 may be heavier. let's go to highway 24. westbound, some busy traffic on lafayette driving up to the tunnel. you can see that the traffic is very slow. in fact, jay jay who works cam

lynch deutsche bank and b.c.b. capital will be held in the united states britain scandinavian states germany and moscow and named middle eastern sovereign wealth funds among the potential buyers for the stake with mr daly also reports that about half of the ten percent stake may be acquired by italian insurance group generally. the price for brant crude oil went beyond the hundred dollars the one hundred dollars mark this month this latest wise was reportedly due to the tensions in egypt over christophe chief economist vice president of b.p. says the overall price growth was due to tightening oil markets. what has happened already over the last few months because stable supply and growing demand the majority. but it was invisible the reason for this is we had so much floating storage oil stored over the sea that us disappeared didn't show up in official statistics no it was just some of the official statistics you see the interview was going down at the end of that and that is the summary of that is that by the beginning of this year we will have to see will be reacting inventories we continue to fall very sharp the prices will start to rise what will be going after increased production. is have a

mr. president, i'd ask consent to put an article by james q. lynch that was in the "cedar rapids gazette" and also a chart showing the reimbursement to iowa hospitals under our new medicare rules for 2011. i'd ask that those be printed at the end of my remarks in the record. the presiding officer: without objection, so ordered. mr. harkin: finally, i'd just say, mr. president, for those of us in iowa, in a small rural state with a lot of mid-sized hospitals, with a lot of people uninsured, and quite frankly, we're not in the upper echelons of income in the united states, that for us this health care law, this health care law provides immediate protections, immediate benefits and promises even more benefits as we get to 2014 and beyond. it would be a devastating blow to my constituents in iowa to have this health reform bill repealed. that's why i so strenuously urge all my colleagues to oppose the mcconnell amendment. mr. president, i yield the floor. a senator: mr. president? the presiding officer: the senator from kentucky. a senator: i ask unanimo