mr. scott: thank you, mr. speaker. i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and include extraneous material on the bill under consideration. the speaker pro tempore: without objection. mr. scott: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. scott: mr. speaker, this bill re-authorizes the juvenile accountability block grants program re-authorization for an additional three year. i worked with my republican colleagues in 1997 to develop and pass the legislation tha created this important initiative. this program directs the department of justice to make grants to states and units of local government to strengthen the juvenile justice systems. the program allows funds to be used for a broad range of purposes that help reduce juvenile crimes such as establishing programs to assess the needs of juvenile offenders in order to facilitate comprehensive services, establishing programs to reduce recidivism am

we will hear gentleman from georgia, mr. scott. >> thank you very much, mr. chairman. first let me commend yous, chairman schapiro and chairman gensler, your presentations certainly give us all confidence that you've got your hands around the problem. while you're looking for the causes, you have certainly shown that you've put certain measures in place to give confidence to investors to keep on investing with confidence. the seems to me, though, that what we really have here is a way we're trying to find to stop a free fall in a free market, in a free economy, while it is very important to keep the markets free. that is the strength of our markets, the freedom, and so as we move with controls, my question has to evolve around this element that you're presenting as the most basic means of controlling this free market, so at the same time, making sure it is still free to function in the beauty and the strength that it has, and your instrument for doing this apparently is the circuit breaker. and the circuit breaker basically is a function of time increments, it's the fu

now the gentleman from georgia for mr. scott from one minute. >> thank you, mr. chairman. i think what we have here is a clear example of how we as a society have become more the servants of the machine that was created to serve us. our technology has now far surpassed our human ability to keep up with it. i think we have to move with caution. make sure we get the right causes of this problem. make sure that we understand that our foremost obligation at this point is to make sure we have investor confidence that the american people have confidence in our system. and so it is important that we listen to you. the securities and exchange commission, you have to make it work. the commodities trading commission, you have to -- the chicago mercantile exchange and the new york stock exchange. but we have a very complex system. we have nearly 50 markets. we have over hundreds of millions of computers that are making these sales. and megaseconds far outpacing our human capacity to deal with it. if we do get the circuit breaker concept, we need to make sure how that is going to work

and in the gao report, mr. scottnd his colleagues reported that they found many schools in our sector with very low default rates, including even a few in inner cities. so clearly... 90% of the students are in adequate loan repayment. so, apparently, they are finding ways to repay their loans. >> smith: you're saying 90% of the students are paying back their loans on time? >> they're not... they're not in default. right. >> smith: so, 10% are in default? >> 10% or 11%, the last official figure. some are higher, some are lower. that's the average. >> we constantly hear declarations of good news. all of the official stakeholders tout what strikes one as impressively low default rates. well, of course, the reason is because we are not counting all of them. in federal financial aid, because of very heavy lobbying by institutions, default is defined as non-repayment within a very narrow window of currently only two years from the first date that you entered re-payment. so if you can push defaults outside of that window, t

minutes for his questioning to the gentleman from virginia, the chairman of the subcommittee on crime, mr. scott. >> thank you. mr. attorney general, the last time you hear i asked you about whether or not if someone had been tortured to death, whether or not a crime almost certainly would have been committed, and you answered in the positive. my question is, what is the statute of limitations for torture if someone dies, and the statute of limitations if someone does not die? i have a lot of questions. if you prefer to respond in writing, that would be fine. >> yeah, i think i would like to respond in writing to lease the second part of the question with regard to the first part. there really is no limit of statute of limitations when the death result. >> that you. there's been controvercontroversy on the randa writes. the last case in the supreme court on miranda rights was ruled on a constitutional basis. not statutory interpretation. have we tried to change the statute, might we not cause more problems than we solve? because nobody would know intel that hits the supreme court whether we did

the unfinished business is the vote on the motion from the gentleman from virginia, mr. scott, suspend the rules and pass h.r. 1514 on which the yeas and nays are ordered. the clerk will report the title of the bill. the clerk: h.r. 1514, a bill to amend the omnibus crime control and safe streets act of 1968 to re-authorize the juvenile accountability block grants accountability block grants program through fiscal year the speaker pro tempore: house resolution 1325, resolution recognizing national missing children's day. the speaker pro tempore: the question is, will the house suspendnd the rulesnd agree to the resolution as amended. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote the yeas are 4. the nays are ze

will just take a moment tostioi thank those of you again and i want to reiterate something mr. scott said in hisoth oyou questioning after hearing the testimony from the two regulators, i feel a lot more secure not certain i can tell you why but i feel more secure. [laughter] and i look forward to the nexttd several weeks to open disclosur with the american public and thd congress as to what you find aso soon as you find it so that we can get to a final conclusion. but in the meantime to sohat participate in such rules were changes that can help prevent what has happened west thursdayr with that, thank you both.ay. you can get out and enjoy the bh rest of your day. -- before, mr. chairman and the committee. >> [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> first of all i want to thank you for appearing before the subcommittee today. and without objection commodorep written statements will be made a part of theea record. you will each be recognized fore you will minute summary of your testimony.e first call, we have mr. lawre

mr. scott: want to speak for something we had notouched upon, that is what we need to touch upon the most, that's what's inhe best inrest of r national security. here we are, dbating this issue do, we want to put the future of an engine production in the hands of one monopoly company for 30 years in fact, $100 billion in it. by the year 2035, the f-35 will accounfor 95% of our entire aircraft plead fleeth for our fighter squadrons. it is very important that we have thisalt in the hands of more than one manufacturer. we need to vote dn this amendmt. the chair: the gentleman from connecticut has 30 seconds remaining. mr. larson: i yield the balance of our time to the distinguished gentleman from florida, mr. rooney. the chair: the gentleman is recognized for 30 seconds. mr. rooney: i rise in support of the amendment. ladies and gentlemen, we were sent here in a republic to represent yotrustees with issues like this i'm new to congress but this is a wasteful spending earmark. we have 27 planes tha

mr. secure, scott herald of t the rand corporation. thank you for the remarks andin service to the country.cros in interviews in beijing thein last two weeks as well as shanghai the subject came up quite frequently. alway it was highly praised and almos alalways immediatelymo followedy we need this from our side, the chinese side as an opening for the top leaders to give the rooi tr policy, innovation and relationships to be built at the working level, however, the follow-up would go we would then act like a secondary track, 1.5 for a track to where the workink level officials can talk with your working level officials to build the kind of ideas that cao uph up into the space that's been opened up without wanting to put you on the spot i wonder. if this is something the u.s. side will come, has thought about or would be open to if the chinese -- if we were to propose it to them. >> i would say first we would welcome it, and we kind of think we are doing some of that. a i wouldn't call it track .5. work that takes place between the high

mr. secretary, scott harold of the rand corporation. thank you for your remarks and your service to our country. in interviews in beijing across the last two weeks, as well as in the shanghai the subject of sned came up quite frequently. it was always highly praised and almost always immediately followed with, we need this from our side, the chinese side as an opening for our top leaders to give the room for policy innovation and relationships to be built at the working level. however, the follow-up would go, we would then like a secondary tract, 1.5 or tract 2 where our working level officials could talk with your working level officials to build the kind of ideas that can push up into that space that's been opened up. without wanting to put you on the spot, sir, i wonder if this is u.s. side would be welcomed or open if the chinese chide would propose it or we would propose it to them. >> first we would welcome it and we kind of think we are doing some of that. i wouldn't call it a track 1.5. it's the intercessional work that takes pl

[inaudible] >> that is senator scott brown with mrs. brown and his daughters.is the new republican senator from massachusetts. >> senator. >> senator. >> one of the dodgers got interviewed by one of the entertainment channels. -- one of the doctors -- daughters got interviewed by one of the entertainment channels. there is adrian grenier from "entourage." coming in shortly will be helen thomas. there is ed henry, from cnn. there is helen thomas of "first newspaper." she is 90 years old. she is nearly as old as it is a dinner. -- as of this dinner. there is craig crawford. he co-wrote a book that you can see on our website. there is rupert murdoch and mrs. murdoch. some of the guests that fox invited this evening including vanessa williams. there is a michael steele, chair of the gop. he is a guest of -- i am not sure. i will have to look that up. that is greta and her husband. her show comes out of the same building that we are in at c- span. there is wolf blitzed and dennis quaid -- wolf blitzer and dennis quaid. this is all from about 90 minutes, two hours ag

mr. chairman, foraving called the hearing. thank the distinguished panel for being with us today. i yield back. >> bobby scott. >> thank you, mr. chairman. i oppose the oil driing expansion for good reason. the administration announced a few weeks ago. i didn't think t small gains for the few cents per gallon of gasoline saved in out years was worth the ri. they proponents argue could be created by drilling in virginia paledn comparison to the number of jobs destroyed by this spill. deaf station to sensitive wetland areas, tourism, fish and industry, recreation in the gulf would not be any different than what would happen off the coast of virginia, particularly when we're looking at the various incidents of chesapeake bay. i thank you for calling the hearing to ascertain the extent of the losses already caused by the spill and helping determine who will be legally liable for these damages. thank you very much. >> darryissa. >> thank you, mr. chairman a i thank our panel of witnesses for being here today. as the chairman sa, it is very clear that we have limited jurisdiction. our jurisdiction in this committee

mr. chairman for having called the hearing. thank you to the distinguished panel. i yield back. >> scott? >> thank you mr. chairman, i oppose the oil drilling expansion for good reason. i didn't -- for the -- for the administration announced a few weeks ago, and i didn't think the small gains for a few cents per gallon of gasoline saved in out years, was worth the risk. and the number of jobs, the proponents argue might be created by off shore drilling in virginia brile in comparison to the number of jobs you seen destroyed by the devastating spill. devastation to sensitive wetland areas and tourism and fish and industry and -- recreation and the -- in the gulf would not be any different than what would happen off the coast of vearnl, particularly when we're looking at the sensitive chesapeake bay. thank you for call the hearing to ascertain the extent of the losses already caused by the sell in helping determine who will be legally liable for the damages. >> thank you, i thank our panel. as the chairman said, it is very clear that we have limited jurisdiction. our jurisdiction in this committee is clearl

bob pisani, scott wapner, rick santelli. mr.rst. >> is my e-mail filled with traders that are bearish, decoupling the idea the u.s. will do better, it is not working today. if you compare it the way the rest of the world is trading we are still down not as much as everybody else. the s&p is down little over 2%. compare that to where we have been ending off the other ones. spain was down 5%. russia down 4%. brazil is down 3%. right now, still trading. germany ended the day down all of these markets have a considerably worse than ours for the last several weeks. clearly we are not decoupling but not dropping nearly as much as the rest of the world. how about the european banks? all down. noticeably. 48%. ale

mr. knight, and of course one thing about scott olsen, not one single fish able to get to third base, that'she changes speed with that change-up, four strike and that's what we missed and one outing in. he's had three out of four great outings. he had the one outing against i believe it wassable the rockies that he didn't throw well because his change-up he couldn't get over. >> nice effort tonight for scott. nationals win it by a mosquito of 7-1 over the marlins in florida. the warm weather of south florida really agrees with ryan zimmerman. we'll show you how when we come back after this. [ laughs ] [ male announcer ] achievement has its own patch of grass. ♪ achievement unleashes hidden potential. ♪ all right! achievement looks forward to dinner at home. achievement enjoys newfound freedom. i love you. [ male announcer ] mortgages, home equity loans, and lines of credit from pnc. helping achievers borrow with an eye towards the future. pnc. for the achiever in us all. >>> 7-1 the final tonight. nationals with a three-game winning streak. nats extra post game brought to you by verizon. zim

mr. president, i propose to make very brief remarks about this amendment. my colleague from massachusetts, senator scott brown, will make remarks. we'll try to expedite a vote but i would request that the yeas and nays and a recorded vote be taken when i conclude and when senator brown concludes. the presiding officer: without objection. mr. reed: thank you. the presiding officer: is there a sufficient second? there appears to be. the yeas and nays are ordered. mr. reed: thank you very much, mr. president. this amendment is very straightforward. it would provide within the new office of consumer financial protection a military liaison, an individual who is charged with protecting the interest of soldiers, sailors, airmen, marines as consumers. let me tell you -- and i'll elaborate later -- but let me be very brief and to the point. we have soldiers, sailors, airmen, marines and their families who are consistently exploited by unscrupulous car dealers, payday lenders, a whole panoply of people that flock around military bases to exploit these individuals. they are in a very difficult situation. they have

mr. lentz. let me ask you the other document i put before you. it's dated 5/2/2007, it's a memorandum from scotthis is on the smith vehicle that mr. burgess had asked about. in the last paragraph, first line it says discoloration rust and surface damage to brake rotors is visible through all four wheel ap tours. if you go on the next page, second paragraph, lower part of that paragraph, it indicates a brake components exhibit wear and damage inconsistent with normal operation and inconsistent with the indicated vehicle mileage. then they have a number of photographs which show the damage, showing brake temperature sws the brakes being applied while the vehicle is moving at speed. so the smith vehicle, maybe every time you turn the key you don't find a sudden unintended acceleration, obviously there is damage there outside the normal wear and tear on a vehicle of this age s that correct? >> yes, sir, that's correct. >> and you've never found any vehicles that's been considered to have sua, sudden unintended acceleration, you haven't been able to turn the keys, you said you had 20 models and you h

it's ded 5/2/2007, it's a memorandum from scott yawn, this is on the smith vehicle that mr. burgess had asked about. in the last paragraph, first line it says discoloration rust and surface damage to brake rotors is visible through all four wheel ap tours. if you go on the next page, second paragraph, lower part of that paragraph, it indicates a brake components exhibit wear and damage inconsisten with normal operation and inconsistent with the indicated vehicle mileage. then they have a number of photographs which show the damage, showing brake temperature shows the brakes being applied while the vehicle is moving at speed. so the smith vehie, maybe every time you turn the key you don't find a sudden unintended acceleration, obviously there is damage there outside the normal wear and tr on a vehicle of this age s that correct? >> yes, sir, that's correct. >> and you've never found any vehicles that's been considered to have sua, sudden unintended acceleration, you haven't been able to turn the keys, you said you had 20 models and you haven't found thi sudden intented accele

mr. merkley: i would like to thank the bipartisan cosponsors to this amendment including senator snowe, senator scott brown, and members on both sides. my colleague, senator klobuchar, will be speaking in a moment, senator begich, senator boxer and senator kerry and franken and senator schumer. and i would like to applaud my colleague from tennessee. virtually every word that senator corker stated tonight is an argument for this amendment that senator klobuchar and i are cosponsoring. i'll get into the details later because i want to yield time to my colleague from minnesota and my colleague from connecticut to speak to the bill and then i will offer my remarks. but i do think it is important to recognize that the bulk of what senator corker addressed goes right to heart of this amendment as -- as well. there is a point of distinction between the two amendments, a critical point of distinction, and that is the 5% underwriting absolute line. that line is a line of great concern for those of us who have had experience with first-time home buyers, those of us who have had experience with families who ar

scotts. ♪ breyers all natural grasshopper pie ice cream. what's better than a dessert on rollback? mr.ollback likes ice cream. i'm darrell and i save people money... so they can live better. mr. rollback's gonna have some ice cream. [ female announcer ] start your morning? hey. what are you doing up? thought i'd take a drive before work. wanna come? [ female announcer ] or make his day? yeah. [ female announcer ] maxwell house custom-roasts each bean for a full-flavored cup of coffee. so you can be good to the last drop. two times with quality or any choice hotel, you can feed a family of four. book now at choicehotels.com to start earning your $50 restaurant gift card. would we eat better? at hellmann's, we make our mayonnaise with eggs, vinegar and oil rich in omega 3. for the quality tht could only be hellmann's. hellmann's. t's time for real. >>> hi, good morning, it's 7:24. not a bad start to the day. we had a beautiful sunrise shot looking north to northeast from the maryland science center across the national aquarium. a few high, thin clouds and thinning out a little but the su

mr. speaker, i rise today to pay tribute to reverend jesse scott, a fine hero and a lifelong civil rights hero who passed away on monday. a native of louisiana, reverend scott moved to las vegas in 1970 to become the president of the local naacp chapter. in that role and later as executive director of the nevada equal rights commission, reverend scott was a love and respected leader whose commitment to justice was unparalleled. reverend scott once said, god placed me in position to help others as i have been helped by others. and by all accounts, that's exactly what he did. his legacy will live on in the lives of all those he touched in his fight for equality, in his work at the second baptist church and in the acts of many public servants, including myself, whom he inspired and mentored. my thoughts and prayers are with reverend scott's family and friends during these tough times. thank you. i yield. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are

scott turow, who is currently serving as president of the authors guild. his new novel is titled "innocent." jonathan galassi is president of the pubishing house farrar, straus and giroux, which publishes mr. turow. he led a panel at book expo titled "the value of the book." and cathy langer is lead buyer for "tattered cover" book stores in colorado, and a member of the board of the "american booksellers association". scott turow i know you just left the trade show today. what was the mood for writers? a good to be an author, an anxious time? how would you describe it? >> it's an anxious time for authors. they see the possible consequences for authors of the digital revolution not being good with book piracy being the biggest concern and threats to compensation for authors being the next. pwrup brown threats to compensation, that means you don't get paid as much if your book in the digital world, or potentially you don't? >> well, right now the payment on a digital book is not the same as on a paper book. the author's guild obviously thinks that e book royalties have to go up. but it's also... it's a world in which we all know publishers are hard pressed and there's more competition from

mr. president, this is the undersecretary of defense in a letter. yesterday senator jack reed of rhode island and senator scott brown of massachusetts offered an amendment to create an office of military liaison within the consumer financial protection bureau. that amendment will carry 9 -- amendment was carried 98-1, only one member voted against providing an office within that with the kind of protection that's the secretary of defense is talking about in his letter. the amendment, as i said carried by a vote of 98-1, because members here recognize that our service men and women service protection from these shady financial providers, including the major abuser, the kind that our colleague from kansas wants to exempt from this legislation. a crucial part of providing this is coverage of auto dealers. yesterday i received a letter from the secretary of the army, secretary mccue. he makes the point that auto dealers are the most significant financial obligation of our soldiers, particularly in the junior and enlisted grades. end quote. if my colleagues are listening at all, if we carve out auto dealers, those

mr. obama's jokes. >> the jonas brothers are here. they're somewhere. sasha and melia are huge fans. but boys, don't get any ideas. i have two words for you. predator drones. speaking of tween heartthrobs, scottely, john mccain couldn't make it recently claimed that he had never identified himself as a maverick. and we all know what happens in arizona when you don't have i.d. adios, amigos! >> apparently, the guys from "the daily show" at comedy central helped write the jokes. isn't that cozy? >> isn't that convenient? that's good. what i heard was that a lot of people thought that president obama was even funnier than jay leno. >> he was. >> that often happens. comedians that come to that dinner in washington it's a tough crowd. >> there was a fox rep as usual but cnn actually took it even harder if you look at -- it was a weird attempt at a joke and the other one mentioned roger ales. he mentioned him again. he's obsessed. >> and sarah palin. those are easy targets. what's interesting and you read in "the washington post" today is when a president makes fun of himself. that's not what you got. >> he did make fun -- >> one joke out of 20, he did. >> and you find that amazing. >> i just find

mr. president. i take the floor today to talk about an amendment which i have been working on with senator scott brown of massachusetts. i'm very fortunate to have senator brown's help, insight and advice because of his extensive experience not only as a public servant but as a member of the massachusetts national guard, as both a lawyer, as a company commander, as someone who served in various capacities within the guard, scott brown knows from firsthand experience that young troops particularly, men and women of our armed forces, can be exploited by unscrupulous business practices. and that it is essential when we create a consumer financial protection agency that there be a particular and explicit liaison for military issues. many of these young men and women are not in their hometow hometowns. they are in the context of today's operations, they're returning from duty in iraq and afghanistan. they have not been spending a lot of money in afghanistan because there's not a lot to bierks and they come home and they want to buy a new car or they want to do something and they can be exploited, and that