mr. powell, let me come to you. you may want to respond to that and i want to ask you to talk about mfn and most favored nation status and looking at that, plus the alternate distribution method clauses that are there in cable, carriage contracts. in nashville with a lot of the entertainers, they understand that mfn approach when they're doing shows and with a lot of the content producers and people pushing content forward, we've got questions about the mfn and the adn approach so if you want to respond to what miss sohn had to say and answer the second question, that would be great. first, i want to highlight something she did say and e quoed by the country's leading regulators and the chairman of the federal trade commission that there's nothing inherently wrong with usage-based pricing, just like there isn't if you run your air-conditioning all day long at the lowest temperature and your neighbor chooses to open the windows and have the breeze blow in you will pay more money than your neighborhood is as a consequ

mr. powell, it's interesting you mentioned the 57%. in 1992 congress was concerned about the cable monopoly and that does not exist today if you're at 57% and the folks that are sitting in this panel and -- what does that mean to the cable industry? how is it evolving to be competitive in reference to the '92 act, and not be redundant on mats matsui's question of retransmission, but what other underbrush is there that from '92 that was just so focused on the cable industry. what do we need to do to clear out the brush? what specific things should congress look at if we want to review the '92 act? >> the first thing i would say is the beauty of competitive dynamics is you have to increase value for consumers and you can do that through innovation and evolution of your service and i think the competition we faced first and most formidably from the satellite companies increased both the quality of content that we're providing and the amount of content we were providing. it forced us to look at new businesses for revenue development to con

mr. powell around the issue of tax certificates. in the past, mr. barrett, your association we're representing here today strongly endorse passage of legislation to establish a new communications tax certificate program. is that still the na b's position? >> yes, it is. the nab would continue to support such a legislation initiative. >> and mr. powell, the association that you're representing here today also previously endorsed passage of legislation for new communications tax certificate programs. is that still the ncta's position? >> yes, mr. rush. in 2003 when senator mccain introduced tax certificate as chairman of the fcc it was an enormous proponent and remains so. >> thank you very much. mr. chairman, without objection i would like to enter into the record the fcc's section 257 report recommending that congress reinstate a tax certificate policy. i would point out that the statement of former fcc commissioner michael j. comps, accompanying that order and being the source for the minority ownership percentages that i cited earlier. and with th

mr. powell? yes, mr. chairman, what you are having is the continued of lagz of the convergence in which technologies increasingly bring sameness to the way the things are provided and distributed. i wouldn't make the hallmark of suggesting that things are situated just because they can produce the same content, the same show. there are different business models and different terms, different technologies underlying it. the cable industry spends $186 billion to build an infrastructure that's optimized for premium, high quality content. that's very different than the same content being sold on i tunes in a model designed to sell ipods. as long as we're cognizant of the different business models and they're pursuing different objectives just because they have the same content doesn't necessarily make them identical and i do think there should be more sameness than there is today. >> all right. my time has expired and getting to the heart of the issue here is everybody wants a little different deal, the other

mr. powell, i have seen your resume. it is rock solid. third years in the military, army intel, you're a practicing attorney, a judge, why are you getting into politics? this is your first run at this? >> to be very blunt, i love my country. my country is in trouble. and mr. cantor, who is the representative for my district, born and raised in richmond, is primarily the reason for it. he's dysfunctional. he caused a dysfunctional congress. he's the problem, he caused the 7% rating for the congress at this point. and he does not, i don't believe, represent the best values of both the seventh district, virginia, and the united states. i believe in economic fairness and social justice. these are things that were taught to me as a kid working class neighborhood, highland park, church hill and when i raised my own kids. >> one of the biggest issues in virginia has been the war on women. is this really an opportunity for a democrat to get this seat in the seventh district based on all of the issues and all of the aggressive policies that the re

mr. michael powell president and ceo of the communications and technology. >> it's always a great honor and privilege to appear before this committee. i've done it many times and i'm proud to be here again. i'm also proud to be here as a representative of america's great success story that cable operators and cable programmers of the united states to talk about the future of video. for one reason only and that this is an industry through its own investment, technological innovation has contributed to the glimmering present that we're enjoying and has every intention of contributing to a more glorious future in the area of video. it's important as a quick reminder to remember that cable industry when it was first pioneered was all about making tv better. we brought television to rural america and urban areas that could be reached by traditional broadcast programming. we ultimately developed original programming that led to iconic brands that americans associate with television today. cnn and espn, c-span, discovery, the history channel. these were all creations of the artist and creators of

mr. powell is recognized for five minutes. >> thank you for being here. as mentioned by my colleague ms. jackson lee, in texas we don't have an income tax. we are proud of it and if any public official advocates an income tax, they are a former public official. republican, democrat or independent. so, our main source of revenues property taxes and the sales tax business collect sales tax we have a pretty good system i believe that has been worked on for a great number of years as to the exception and who pays and how it is collected. i think states ought to have the right to collect a sales tax and the federal government shouldn't prevent them from having a sales tax. the states' rights issues as you mentioned governor. we have heard the stories about best buy so this weekend i went to a vast body in houston texas and talked to the folks that learned their, first of all unfortunately 50 best buy stores have gone out of business this year. one of the reasons they said they are competing with someone that is not in texas and they pointed out the fact that c

mr. powell is recognized for five minutes. >> thank you for being here. as mentioned by my colleague ms. jackson lee, in texas we don't have an income tax. we are proud of it and if any public official advocates an income tax, they are a former public official. republican, democrat or independent. so, our main source of revenues property taxes and the sales tax business collect sales tax we have a pretty good system i believe that has been worked on for a great number of years as to the exception and who pays and how it is collected. i think states ought to have the right to collect a sales tax and the federal government shouldn't prevent them from having a sales tax. the states' rights issues as you mentioned governor. we have heard the stories about best buy so this weekend i went to a vast body in houston texas and talked to the folks that learned their, first of all unfortunately 50 best buy stores have gone out of business this year. one of the reasons they said they are competing with someone that is not in texas and they pointed out the fact that c

mr. powell, cereal partners worldwide, very large joint venture with nestle in place for many, many years20 years. >> what are you seeing in the international markets, particularly in europe in terms of consumer demand? >> so the cereal category in europe has slowed a little bit. and so we're seeing, you know, in those developed european markets, we're seeing a little bit of the same consumer sentiment that we see here in the u.s. they're pretty cautious. you get outside of europe, you get into china, south asia, south -- brazil, and we have high single digit, low double digit growth in the cereal category. so you see the food business playing out in cereal much as you would see it play out in other categories globally. slow in europe for the reasons that we understand. faster elsewhere. i will say that our business in europe, the general mills wholly owned business which would be products like haggan daz ice cream, old el paso products, we are enjoying very strong growth in europe. we had a terrific year last year. we're bucking that trend. it was all on the back of innovation. terrific

engrossing volume span 1958 to 1964 is the fourth and presumably pen ultmat powell that began with "passage of power." it showcases mrift as a writer, his propulsive sense of narrative, his talent to see and feel history in the making. of all the chapters in johnson's life, this is the one most familiar to most readers. mr. caro managed to lend even much-chronicled event, the cuban missile crisis and the kennedy assassination, a punch of tact tile immediacy. " for a writer that's pretty good, isn't it? >> it's wonderful. >> rose: why 1958? >> in book has a particular arc. in 1958, lyndon johnson is the mighty majority leader of the united states. >> rose: this is where you got to him in this volume. >> absolute. the second most powerful man in the country. he knows he has the 1960 presidential nomination locked up. >> rose: because he is the most powerful democrat in the country. >> right. he doesn't realize that there's this young senator, john f. kennedy, who is going around the country, often with a single aide-- ted sorrenceon-- in a small plane and he's such a great speaker wherever he goes people are asking him

mr. leigh, i said two and you said what about the other? oh, no, sorry. you took us back to ensuring we weren't satisfying -- ok. these are -- >> these are blocks between mason and powell, south of o'farrell street. so if we can look at the population of those three blocks. >> are those the blocks? >> yes. >> that is a population of 365 people. it would bring the deviation for district 6 to 1.13%. i'm sorry. and the deviation for district 3 to negative 4%. >> negative 4? >> negative 4%, correct. >> i will propose that we make that change. question? >> yes. >> so there was the issue raised of first the hotel. this will address that but am i correct this is larger than that? >> it does. it goes two blocks up to the northernmost of those three blocks to include the maria manor property we heard testimony about. >> is that another borough? >> yes, i believe so. >> i ask we take those in turn. >> let's separate please. the bristol hotel. so that population. >> that is the population of 116 people. it would bring the deviation for district 6 to -- >> 0.79% and deviation for district 3 to negative 3.66%. >> my apologies. the room has gotten cool now. >> yeah. >> that's a good

powell talk about u.s. foreign policy. u.s. future regular layers acknowledged that the system failed to protect customers of financial group. which collapse last week, with the founder admits to $100 million in fraud. mr. again leer who heads the commodity future testified tuesday at senate hearing looking into the impact of new financial regulations. the committee also heard from a security and exchange commission regulator. good morning we call the committee together. we welcome everyone. let me say at beginning for the first panel, we have agreed because of importance of number of issues that we'll talking about today to two rounds. we'll give b giving each member seven minutes. we'll have additional time to have a full discussion. it's, two years since they passed the dodd-frank. there's been an open ruling making. as i said before, it's extremely important that we get the rules done right. repeatedly -- it was made final along with the entity start the clock on compliance. this is a significant step toward greater transparency and final implementation key provision of the law. i also appreciate the commissions' work to finalize the end user rules. we are still waiting a on a number of significant

powell was chairman of the joint chiefs of staff. there are times when i think let's take advice from the military experts. and i will put this into the record under general leave. mr. garamendi: reclaiming my time and yielding back my time. the chair: the gentleman yields back the balance of his time. for what purpose does the gentleman from ohio rise? mr. kucinich: i move to strike the last word. the chair: the gentleman is recognized for five minutes. mr. kucinich: i rise in support of the amendment. there is a news report out today that suggests that very soon, the united states will have over 1,000 bases of various kinds around the world. 1,000 bases around the world. and it raises the question as to whether or not we are overextending. as the budget keeps growing, the tendency is to keep overextending. we already know that our basic force is being taxed. so if you introduce the notion of fiscal discipline here that will not in any way undermine the air force, the army, the navy, but fiscal discipline that will send a message to this administration, don't go overextending. we know what our core mission is. we know that we have the ability to defend this countr