mr. rand paul's comments challenging. mr. sullivan had important things to say. we need to look how we are responding to this. i find this diagram frightening. i am not prepared to sit here as planning commission and say where to go because we are responding to a state mandate. i cannot do that. commissioner borden: i will reiterate what other people said, and think members of the public. -- think members of public -- of the public. we do not even on land for the most part. other people have land. they develop it as they see fit. the cost is expensive. we all struggle with what would be the right policy or responses. dealing with infrastructure is smart. i think it is challenging. it is a thing we grapple with when we look at projects in issues around parking, the reality of transit and the promise of transit. i know you were handling the funding and the bigger projects. talk about muni. when we talk about the plan and the transit effects put forward, how is that all working together? >> that is a great question. there is a big disconnect. it goes back to the dis

as long as mr. paul continues to manipulate the words to justify his client's greed, projects like this will continue to eat away at our green space until nothing is left. i never thought at my age i would be fighting for my bedroom privacy while living in a special use district. this kind of greed is being spotlighted everywhere and now it has entered my neighborhood. i'm asking you for help. we are a regular group of neighbors working and raising children and living our lives. we are being forced to go up against a developer in order to save our privacy. we do not have the money to build our houses up and out with rooftop decks. this is san francisco. aren't we supposed to be about conserving green open space in all neighborhoods? the scale of the project is wrong and out of character for this neighborhood. in order to accomplish the goals, it is taking away from his area -- and mr. fung stated a the board of appeals hearing as an example of his personal concern, i am not supportive of roof decks and t

mr. paul, do you need assistance? >> thank you, president olague. jeremy paul for the project sponsor. you have heard quite a bit of comments that i'm going to do my best to respond to as much of it as i can and give you a bit of an introduction to the build in and the private architect will do that further. first of all, i would like to say that mr. copp who is completely continually vilified as being some sort of outside developer who is having his will with the neighborhood, he eat lived there since he bought in it 2008 and hired an architect who lives across the street and this is a very site sensitive project that was designed for this to be appropriate for this particular site and the particulars of this special use district and this location. it was mentioned that the 80-year-old structure next door is illegal and should be discounted. it is not illegal. it is a structure that was built with permit but does not comply with the current planning standards. if we can go to the overhead, we zoom in. thank you. here is the adjacent structure owned

. >> commissioners, i just wanted to point out something that i think mr. paul may have omitted from his comments. as you know, we continued the hearing from the last time because some of the renderings that had been submitted by mr. savoy did not represent the actual conditions on the ground. this is an illustration of how it differed. if you notice, this is my property right here. this is actually not a continuous volume that goes all the way to the ground. it is about 12 feet off of grade. someone standing in the backyard here has a clear view of the green space. this keeps coming up as one of the reasons why it does not really matter if they extend 11 feet beyond the 45% sun line. but it actually does. they have a balcony about 10 feet above our backyard. if somebody is standing here in this corner, there would be looking down into our backyard. it would destroy the privacy of that space. it is a relatively small backyard because a lot of short. the 3 lots that are adjacent to each other, moving up toward the corner, are all short lots. the placing of the ba

the comments that mr. paul, fernandez, and peter made about the need for stabilizing neighborhoods -- this is one of our primary sources of funding. i think the problem is it is not easy to opt out of the system. it is a vision anding -- a visioning exercize. it is not like you can suddenly be out of the equity problems or the air pollution problems, or whatever it is. i think the feedback for folks is what mr. paul described. we pretend we are creating a solution to environmental problems. that is a think one of the things we have been insisting back to the staff at the regional level, who in their defense are trying to ensure the model and help us understand it. if we do not provide the affordable housing, people will need transit. to get more of the regional pi, it is important to communicate back that if we want to get their, the pie has to get bigger. we are talking about shrinking the public's fear in every shape, way, and form. either we have to change the composition of fuels or how our cars work and th

mr. paul: i ask unanimous consent to set aside the pending amendment and call up amendment 21. the presiding officer: is there objection? without objection, the clerk will report the amendment. the clerk: the senator from kentucky, mr. paul, proposes amendment number 21. at the end of title -- mr. paul: i ask unanimous consent that the reading of the amendment be waived. the presiding officer: without objection. mr. paul: madam president, the amendment that i have presented to the floor here for the f.a.a. bill is an amendment that i think is a first step towards looking at budgetary restraint. the president in his state of the union talked about freezing spending at 2010 levels. if we were to do that at the inflated levels of 2010, we would add $3.8 trillion to the debt over the next five years. it does nothing to the looming debt crisis to leave things at 2010 levels because these were levels where we had already increased spending by over 20%. what i am asking is a very modest proposal, and

mr. paul: madam president? the presiding officer: the senator from kentucky. mr. paul: i ask unanimous consent to set aside the pending amendments and call up amendment 18. the presiding officer: is there objection? without objection. the clerk will report. the clerk: the senator from kentucky, mr. paul, proposes an amendment numbered 18. mr. paul: i ask unanimous consent that the reading of the amendment be waived. the presiding officer: without objection. mr. paul: madam president? the presiding officer: the senator from kentucky. mr. paul: the amendment that i am proposing is to continue to have the airlines exempt from osha. this isn't because i'm not concerned with safety. it's that we've been doing it this way for 30 or 40 years. the f.a.a. voluntarily adheres to osha standards in their own manual. and i take the president and the opposing party at their word that they are concerned with adding frivolous paperwork and frivolous regulations when in reality we're not doing anything to add to safety since the f.a.a. is already adhering to these standards volunta

commissioner moore: i want to step back a little bit and talked to mr. paul. there is a missing link. how the building is not code compliant because it misses a sound in this report that tells us in this building has outlived its useful life. we don't have that. we're having in noncompliant building. we're going up against what we have spent a lot of time on last year. that is the strategy that gives very specific instructions to us unless there are really clear reasons to protect the housing stock. having saidt hat, -- that, i personally do not feel we'd engage much in appreciating or not appreciating the buildings that have been designed. the analysis and the drawings are very thoughtful. they are all responding to the most subtle elements. that is primarily the scale. i can see a contemporary building, but it looks quite different from what is in front of us. the basic premise, i am not even sure what we are talking about. commissioner miguel: i also have a problem with hot demolishing the livable building. this is not a building that has to come down. i ha

subsequently, mr. paul i think engaged a different architectural history firm to do a full historic resources evaluation, which is mentioned in the staff materials. but i feel that since we did actually have a contract and were paid for the original work that we did that that constitutes a conflict. vice president miguel: move to reduce commissioner sugaya. commissioner fong: aye. commissioner antonini: aye. president olague: aye. commissioner moore: aye. commissioner borden: aye. >> commissioner sugaya is reduced. >> i would like to pass up some initial information submitted by the applicant. it is provided in your packet. you do have these materials before you. the case before you is located in an rh-2 district. lombarin general, there are cons that the project is not in keeping with the neighborhood character and that the project would adversely impact like to access, particularly to the rear yard and mid blocked open space. there are also concerns to a lack of parking at the project. the project sponsor

but mr. paul indicated light was not going to be blocked from the south. the problem is that light in the morning comes from the east. that is where we get all the shuttling in our properties from. this big extension is sticking out. i am kind of nervous about that. president olague: thank you. project sponsor, you have two minutes. that is in the rules. that is how it works. you have been here how many times? you know that. >> ok. i will do my best. president olague: and we give you the full amount, which is optional on our part. >> the drawings were not intended to be the representation of the surrounding buildings. there were many drawings and photographs that did present the surrounding buildings, did show it was an overhang, did show the fence. massing drawings were presented for a different purpose. let us go on here. you can see this -- the way this extension is moderated. this really does show the impact on the surrounding buildings. we have stayed within the context of the surrounding block. i invite you to take a look at the renderings that have

mr. paul: thank you, madam president. i am honored by the privilege of serving in the united states senate. i am both honored and humbled by the responsibility of defending our constitution and our individual freedoms. i will sit at henry clay's desk. there is likely no legislator from kentucky more famous than henry clay. he was the speaker of the house, he was a leader in the senate, he ran for president four times and nearly bested james polk. henry clay was called the great compromiser. during my orientation, one of my colleagues came up to me and asked will you be a great compromiser? i've thought long and hard about that. is compromise the noble position? is compromise a sign of enlightenment? will compromise allow us to avoid the looming debt crisis? henry clay's life is at best a mixed message. his compromises were over slavery. one could argue that he rose above sectional strife to keep the union together, to preserve the union, but one could also argue that he was morally wrong and that his decisions on slavery,

conyers, mr. paul, myself and mr. jones. the amendment would prohibit the use of any funds made available in this act to make an application for what is commonly known as a section 215 order requiring the production of library circulation records, library pennsylvania tronless book sale records or customer list. it is drawn to protect the privacy of all americans from unwarranted governmental investigation into their beliefs and thoughts. what we read, where we read or listen to, the type of information we seek, our tastes in art and music alltel a great deal about us. the right to be free from these areas is necessary to protect our rights of free speech, religious liberty, liberty of conscience, and political freedom. this amendment will not prevent the government from obtaining this type of information providing it obtains the constitutionally required warrant. what it will stop is the use of 215 orders which is issued by the fisa court under a standard so loose it is almost impossible for the government to get turned dow

second year in a row for mr. paul. >> reporter: ron paul, the libertarian congressman actually won, and it wasn't a surprise. a lot of his supporters showed up. a little more than 3,700 people voted in this straw poll. he got 30%. next was mitt romney with 23%, and then everybody else was in single digits, 5% or 6%. so if there's any good news in there, it's probably for mitt romney that he did pretty well. sarah palin, who didn't show up, ended up in ninth position. bianna? >> all right, david, thank you. >> and for a check of the morning's other headlines, here's ron claiborne. >> hey, good morning to you, bianna and dan. good morning, everyone. >>> thousands of people marched in raleigh, north carolina, to fight what they say is the threatened resegregation of local schools. the marchers were protesting saturday a school board decision to end busing schoolchildren to achieve socioeconomic diversity in schools. the school board says that the move would allow children to attend schools closer to home. >>> the ill-fat

>> i think mr. paul is the only one who speaks on this, but the one thing i would tell you is i have toured the country quite a bit speaking and people between the ages 24 and 36, 37 are doing interested in doing more at home and less overseas and so i tend to think the quality of the leadership in both parties is so bad that this particular time and the the only thing that is going to get us off the mark either on foreign policy or debt or a number of other issues is calamity. they won't do anything until a disaster occurs. i hate to be that cynical or that , but i've watched this for an awful long time. avery small portion of it but i've watched bin laden attack us for example in somalia in 94, twice in saudi arabia in '95 and '96, destroyed two of our embassies in east africa in 98 and sink the coal in 2000 and then 9/11. after each of these things i thought the american government isn't going to let this go and fester forever and it never did. and so i -- i guess i would say i'm resigned to waiting f

mr. ron paul, for three minutes. the speaker pro tempore: the gentleman from texas. mr. paul: i thank the gentleman. i ask unanimous consent to revise and extend my remarks. mr. speaker, i rise in opposition to this bill. i was opposed to the patriot act in 2001 and do not believe now that it's a good idea to extend it. the fourth amendment is rather clear, it says we should be secure in our papers, our persons, our homes, and our effects. and that if war rents are to be issued, we have to do it with probable cause and describe in particular the places, people, and things that we are going to look at. and i think what has happened, though, over the years has been that we have diluted the fourth amendment. it was greatly diluted in 2001, but it started earlier than that when the fisa law was originally written in 1978, that really introduced the notion that the fourth amendment was relative and not absolute. later on it was further weakened in 1998 and of course in 2001. i think our reaction to the horrors of 9/11 we can understand the concern and fear that was developed,

mrs. hutchison: i will take such time as i may consume and senator paul i'm sure will be here shortly. mr. president, the paul amendment does reduce the aggregate authorized spending level to the amount appropriated in fy 2008, so basically it is going back to the 2008 levels. i am going to support the amendment because i think that we have to make a start at cutting back on spending in every area of government that is discretionary and where we can make responsible cuts. however, i do want to say that i think that we have to -- the better approach, in my opinion, would be to have an overall cap on spending at the 2008 levels and then pick the priorities that we must fund and take away the lesser priorities for government funding. i think we need a more measured approach on infrastructure spending, and in the case of the f.a.a., i want to pointed out that the agency has -- i want to point out that the agency is funded through a mix of aviation trust fund dollars and general fund dollars. specifically, three of four main ncts the f.a.a. -- accounts in the f.a.a. budget -- airport improve

mr. akin: so i think your point is, paul, that in our debate this week, first of all, almost all of the discussion is centered right over in this, looks like campbell's tomato soup here on my chart, in this section. mr. gosar: it is. mr. akin: and it's ignoring all of this, which is equal to the entire revenue of the federal government. so you can see that you could cut this to zero and you still aren't going to fix the problem. on the other hand, it doesn't mean we shouldn't be looking for savings and cutting everything we can but you're putting in perspective this whole week, i think that's tremendously helpful. i think, as i recall, there's about $16 billion being taken out of defense, which is not as deep a cut as what nondefense discretionary is getting, is that correct? mr. gosar: that's correct. and the savings we're making here extrapolates over the next 10 years at a great discount to the american people in our budget and what we have to come up with in the in the future. that's what is so wonderful at least for the first five weeks of this congress, zero implications on raising debt. mr.

they put ron paul at number one and mr.omney --mitt romney in second place. >> we're going to go back to the end of the cpac conference. ♪ it looks like they are wrapping up here at the marriott in washington, d.c. some of the results from the straw poll for potential presidential candidates put texas representative ron paul at number one and former massachusetts gov. mitt romney in second place. ron paul ran for president in 2008. this is the second year he won the cpac poll and also the second year that governor romney came in second place. conservatives are being cautious about their pick for 2012. more than one dozen republicans are considering a run. a number of those were in the cpac straw poll ballot today. earlier today, we heard from mississippi gov. haley barbour. we will bring in his speech again tonight starting at 10:50 eastern. president obama discussed the 2012 federal budget proposal to be unveiled next week, including a five-year federal spending freeze. republican senator orrin hatch thetah also talked abo

what would be the biggest surprise in the secret diary of paul volcker? mr. chairman? [laughter] >> oh, boy. i lead a very calm, orderly life. no big secrets. [laughter] no secret for a diary, but i was, i guess, fortunate to be in the government and the treasury at the time of international turmoil, devaluation of the dollar, later the anti-inflation thing, latin american debt crisis. kind of an interesting life when i look back on it. [laughter] much better than being an investment banker all the time. >> so, allan, what entry would you like to read in the secret diary of paul volcker that would have helped -- >> my secret diary, those damn monotarrists that kept criticizing us all the time. [laughter] expected some control of the money supply that was beyond anybody's technical capacity. nothing we could do would ever satisfy alan meltzer. [laughter] >> so, actually, that leads to a follow-up. first, what entry do can you want to read and, second, did the federal reserve ever use the monetary aggregates in a meaningful way? >> i think it's fair to say that paul trie

mr. meltzer is joined by paul volcker, federal researcher during the carter and reagan administradministrations. they discuss past and present economic issues. mr. volcker talks about his experience in office. this event was hosted by the am

mr. obama will appoint intel president and ceo paul otallini.nteresting since otallini criticized policies and failed to create jobs or boost consumer confidence. two interesting pictures from last night's gathering to show you the venture capital at woodside. it shows the president and a virtual who's who of silicon valley. steve jobs, mark zuckerberg, john chambers of cisco, google's schmidt and there are others. the white house spokesman said much of the group discussion last night centered on ways to invest in innovation and job growth in the public sector. republicans are quick to point out ten of the 12 people at the kinnear last night here in the silicon valley are contributors to president obama and they say this is really a poorly disguised campaign swing, albeit an early one, for the next presidential election. they also have trouble with some of the money he wants to spend on all his projects. terry mcsweeney, abc 7 news. >> thanks a lot. oakland police say they're now closing an investigation into allegations of sexual acts involving

mr. obama will appoint intel president and ceo paul otallini. interesting since otallini criticized policies and failed to create jobs or boost consumer confidence. two interesting pictures from last night's gathering to show you the venture capital at woodside. it shows the president and a virtual who's who of silicon valley. steve jobs, mark zuckerberg, john chambers of cisco, google's schmidt and there are others. the white house spokesman said much of the group discussion last night centered on ways to invest in innovation and job growth in the public sector. republicans are quick to point out ten of the 12 people at the kinnear last night here in the silicon valley are contributors to president obama and they say this is really a poorly disguised campaign swing, albeit an early one, for the next presidential election. they also have trouble with some of the money he wants to spend on all his projects. terry mcsweeney, abc 7 news. >> thanks a lot. oakland police say they're now closing an investigation into allegations of sexual acts involvi

mr. paul: the commerce clause, though, for the last 70 years has gotten larger and larger. i used to joke that you can drive a truck through it now it's so big. i also used to joke if my shoes were made in tennessee, they could regulate my walking in kentucky. the commerce clause, the ask expansive definition and understanding of it has been supplying no restraint to this body. but i think this court case and i think this bill is about so much more than health care, it's about whether or not we live and operate with constitutional restraint of government. this has been going on for a long time. it started with wicker v. philburn in the 1940's where they told a farmer that he couldn't grow as much wheat as he wanted to. he wanted to grow 20 acres of wheat and the government said you can only grow 10 acres of wheat. he said well why? they said because of the interstate commerce clause, we can tell you how much you can grow. he said i'm not going to sell it to anybody. how am i engaged in commerce? i'm just going to feed it to my livestock. they told him by not selling it that

paul lansbury. i have an e-mail from mr. kessler of the department of public health. he said before then it was the wild west, but after the regulations went into effect, they have worked. there were maybe six complaints. four of them were by him about advertising language in publications. there has not been an e-mail from february 3. there has been no spike. the mcd community has a vested interest in keeping the neighborhood crime free. not many people use the delivery service. they want to go and interact with the people and find out what is working for other people. that is a thing they are trying to do, is share other resources, using the patient base. thank you. >> thank you. next speaker. >> my name is mike pearson. i would like to comment on the delivery service as well. i cannot imagine delivery drivers bringing the entire store to your house. they will have just a couple to choose from. going to the club -- there is other people there. you can relate to them. you have them downtown, but you cannot have them in the sunset. i do not understand. thank you. >> ne

mr. goodell. >> following in the foot steps of paul the octopus, there is an elephant at the dallas zoo.nie the elephant stomped on the steelers medical 11. that would be a bad omen, people. jennie is picking green bay to win on sunday. we advise you to bet accordingly. how do you like the sound of the los angeles chargers or the l.a. jaguars. the nfl got $700 million to put a team in l.a. the star-studded news conference today. farmer's insurance is ready to put up $700 million for a downtown stadium. develop developers claim they don't need taxpayer money. >> and carolyn mocked the kardashians. >> i did not. and what does that have to do with the super bowl? >> i'm dan ashley. >> good night, everyone. >> see you tomorrowowowowowowoww ♪ [ female announcer ] there's only one you. that's why sutter health created thedoctorforyou.com, where you can find a doctor based on criteria important to you. and because it's sutter health, you can choose a doctor from some of the most respected medical groups and hospitals in northern california. find your doctor today at thedoctorforyou.com. sutter

paul to become chairman of the federal reserve. and to his credit when he was interviewed, he said, mr. president, i will be harder on inflation than my predecessors have been. and president carter, without quite knowing what he was committing himself to -- [laughter] said that's what i want. [laughter] and to his credit, aside from the mistake of putting on credit controls, he did not criticize the fed during the remainder of his term. and at the, under pressure from his advisers to do something to expand the economy in 1980 when he was told if you don't do that with the current high interest rates, you're going to lose the election, he didn't do it. >> so, chairman volcker, that leads to a couple questions. first, the first part is -- >> [inaudible] but go ahead. >> why did inflation rise over the '70s? why did the federal reserve lose the anchor in and then second, did the fed, did the public understand how costly disinflation would be in 1979? >> no. but let me go back to the late '60s when i was not in the goth and wasn't in the federal reserve, wasn't in the treasury. there's clea

mr. president, i rise today to support the nomination of paul holmes. in arkansas we call him p.k. holmes. he's -- a senator: may we have order. a senator: order. the presiding officer: the senate will be in order. mr. pryor: mr. president, i rise today in support of paul holmes, or as we call him in arkansas, p.k. holmes, for the district courtship in western arkansas. a lot of times when you stand up here at this moment in a nomination, it's like making a closing argument. but in this particular case, there is no argument. everybody is for him. the american bar association, democrats, republicans, plaintiffs, defendants. everybody in arkansas is for him. a senator: mr. president, the senate is not in order. we can't hear the gentleman. the presiding officer: the senate will be in order. a senator: he's been the western district u.s. attorney, he's a partner in warner, smith and harris. p.k. holmes has an outstanding record, an outstanding reputation. and he likes to talk about the fact that he has a small town general practice and that's true, he's handled a little bit of everythi

mrs. president and oprah and merle haggard and paul mccartney.cket, a half a mustache when i was in high school and i had the back patch -- the back -- i had a jean jacket whole patch of "permanent vacation" album cover. >> nice, nice, nice. >> jimmy: i was a badass. >> great album, that was our comeback album. >> jimmy: it was phenomenal. >> that was it. that was it right there. >> jimmy: that was just insane. but now, here you are. first of all, you have a book coming out as well. but it's not out yet? >> it's not out yet. >> jimmy: i love the title of this. what is the title? >> "does the noise in my head bother you?" can you relate to that? [ laughter ] >> jimmy: "does the noise in my head bother you?" yeah. >> how many years did you do "saturday night live"? >> jimmy: yeah. >> you know what i'm saying? >> jimmy: exactly. yeah, yeah, completely. you want to get crazy? we'll play crazy. >> and, you know, being in a band for 40 years like this -- >> jimmy: you've got some stories. >> oh, man. >> jimmy: i can't wait. did you read keith richards'

paul. mr. gosar: i thank the gentleman from california for yielding me time. mr. speaker, i stand here today to honor president ronald reagan and to commemorate his hope, optimism and eternal belief that america is truly the greatest country in the world. reagan once said, it is not my intention to do away with government, it is rather to make it work. work with us, not over us. stand by our side, not ride on our back. government can and must provide opportunity, not foster it, not smoggetter it, foster productivity, not stifle it. ky think of no better time than the present to listen to the wisdom of reagan's words. we are at a turning point in our nation and the american people are asking for our government that works with the people, not one that picks winners and losers. i am forever encouraged by the words of reagan and will always be inspired to keep his dream of a smaller, more nimble government alive. thank you, mr. speaker. i yield back the balance of my time. mr. gallegly: diane black, a new member of the great state of tennessee. diane. mrs. black: i th

when he had a meeting on health care, and i remember very vividly when paul ryan, congressman from wisconsin, said mr. president, we have some ideas. he kin of basically dismissed him with "we want, you did that ." -- "we won, you didn't." i saw in him a very different kind of person as preside than i had seen, democrat or republican, who when they took the oath of office, understood that there are elevated to a different position than they had been when they were just a candidate. >> so what change? >> i think a lot of it was that he reay believed he was on a mission to get his agenda de. i think he misunderstood the voters of 2008. it was like an unchecked mandate that he could go with a blank slate full throttle ahead. but that is not what the people were saying. they were angry at republicans for the way republicans had messed things up, but i don't believe that a 55% vote meant that he had 100% of an opportunity to do whatever he wanted to do. >> your book has as much social policy as public policy. you write about one in three american kids lives with -- in a home without a dad on the premises.

when had the meeting on health care, and i remember vividly when paul ryan, the congressman from wisconsin, said, mr. president, we have some ideas. and he basically dismissed him with, look, we won, and you guys to nine. i saw some of the speeches that the head. i remember a labor day speech that was stunning for president. it did not have that type of credit tossup president's speech typically would have. it was the take your coat off and wiped of sweat from your brow type of speech. i saw him as a difference person as president than others to understood that they had been elevated to a different position when they were a candidate. >> what changed? >> i think he was on a mission to get his agenda done. i think he misunderstood the voters of 2008. there was an unchecked mandate he thought that he go full throttle ahead. but that is not what the people were saying. they were angry and republicans for the way the republicans and mass some stuff up. -- have massed some stuff up. but i don't think that meant he had 100% of an opportunity to do to what everyone did it. >> let me ask you about one chapt

paul. we'll hear first from mr. romney. >> david keen has been a special friend to us all these years. as we say thank you to him we look forward to many things we can do and expect. and our friend. next month mitt and i will have been married for 42 years. [applause] you know him for a lot of things. he has done as a businessman, an olympics leader, and a governor. but the most important things he has done have been as a husband and a father. when the children were young, mitt would call home from a business trip on the road and he would often hear a very tired and exasperated young mother. overwhelmed by our rambunctious five boys. his consoling words were always the same. and your job is more important than mine. my work is temporary. you're building a family that's forever. [applause] later in life, we faced another challenge when i was diagnosed with m.s. as we stood together, fearing what diagnosis we would hear from the doctor, mitt simply said this. we can handle anything as long as it's not terminal. i will love you no matter what. i know mitt. thank you. [applause] i know mit

paul ryan. we start with mr. bernanke's opening statement. >> thank you very much. chairman ryan and other members of the committee -- >> can you pull your microphone closer? >> thank you for inviting me. i am pleased to offer my views on issues pertaining to the federal budget. the economic recovery that began in 12,009 appears to have strengthened in the past few months. -- that began in 2009. the initial phase of the recovery that occurred in early 2010 was a charitable to the stabilization of the financial system, the effects of fiscal policies and the strong boost to production from businesses rebuilding their depleted inventories. economic growth slowed significantly last spring. concerns about the recovery intensified as the and the test from fiscal stimulus diminished if and as your's fiscal problems troubled financial markets. fiscal as europe's problems troubled financial markets. real consumer spending rose at a rate of more than 4% in the fourth quarter. although strong sales of motor vehicles accounted for a significant portion, recent gains appear broa

transferred by to sweden thanks to paul neutral agreement of the parties my reading of that provision of the supplemental treaty is that the u.s. could hold on to mr of songs if he is convicted in the u.s. so that the charges lodged against them that mr assad does his jail time in the u.s. which could be significant jail time and then afterwards transfer back to the story . still ahead this hour a battle of epic proportion all in the name of sports for their favorite made characters to be the mascot for the twenty fourteen winter olympics all the details on the candidates and are applying to the top of the pile a couple of minutes. the russia's most wanted terrorist doku umarov has claimed responsibility for january's bombing of domodedovo airport that took the lives of thirty six people and injured more than one hundred eighty he made the claims in a video message on an extremist web site and in earlier release he warned that he warned for a year of blood and tears authorities believe he was also involved in the march two thousand and ten moscow metro bombings that killed thirty nine people as well as the november two thousand and nine bombing of

mr. chairman. you remember paul harvey "the rest of the story" you want to hear what is behind this debate. mid-1990's, how much oil we were importing from the middle east and the government encouraged companies to go out deeper in the gulf to create american-made energy. four years they signed lease agreements and companies here in america, they paid millions of dollars for leases with no knowledge whether there was oil or gas. they spent billions to drill not knowing if they would hit anything or not. they used american companies to do it on american platforms with american workers and guess what? it worked. they created american-made oil and natural gas and kept it here for us. this outrage, the democrats, how could this happen. and by the way, these companies paid billions of dollars of royalties not on the price but how much they bring out of the ground. it was a win-win situation. taxpayers win, our jobs win. we get american-made energy. they took it to court four times and court said they wanted the american government to break its own contract and wanted the american government to b

mr. live on c-span3. it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. >> heard apartments for -- her department's proposed budget. democratic senator max baucus is the chairman. >> jonathan l. on of politico, how are democrats reacting to the proposed budget? >> republicans are charging him with spending and borrowing. on the democratic side, there is mixed reaction. most democrats have praised president obama for attempting to address deficits in the future. at the same time, some of the planes has been lukewarm. -- praise has been lukewarm and targeted by criticism by some people. emanuel cleaver question why he was cutting programs, particularly those for the disadvantaged at a time when you have such high unemployment. >> now that the president has unveiled his vision for spending, when and how well congress began its work on crafting a budget for next year? >> the joke was that the president'

mr. volker, in the late 90s and 80s, paul volker crunched inflation spyplane high interest rates for several years. now we are seeing the same process just in reverse. just look at it several years, just as it took several years for the market to see the volker's policy would lead to declines in inflation and interest rate cut would take years for the market to realize the fed's current policies are highly inflationary. any comments on not? >> i agree with that concern and i think the fed should stop buying bonds. and it's a high priority for both this standpoint and a monetary policy standpoint that they do that. as far as the risk for us of higher inflation, one problem that we run into is whenever the problems distance, then people will focus on it. so if i say when do we think we'll go over 5% inflation? probably not for one or two years. and so, that doesn't give you the urgency. but we don't know what's going happen next month or next year, but we do know we are too close to the brink on the tipping point. so if you can, please start spinning. try to find procedures that give us confid