mr. silver? >> yes, thank you, mr. chairman. good afternoon. i appreciate on behalf of the afl-cio and americans for financial reform the opportunity to testify. the americans for financial reform is a coalition of over 250 organizations which represent well over 50 million americans. in an age of global markets, any serious effort to insure that we do not repeat the experience of 2008 must include the establishment of an international regulatory floor. otherwise every country's financial institutions are vulnerable to contagion from radically-unregulated markets. as iceland, ireland, united kingdom and the united states proved in 2008. however, minimum standards are inevitably weaker than more effective national efforts. that's why they are called minimum standards. the united states, for example, has moved more rapidly on derivatives deregulation than europe has but has been less aggressive with private pools of capital like hedge funds and private equity. and we have been faulted for the weakness of our approach in regulating executive pay i

mr. silver? >> thank you, mr. chairman, and good afternoon. i appreciate on behalf of americans for financial reform the opportunity to testify. the americans for financial reform is a coalition of over two entered 50 organizations which represent over 50 million americans. in the age of global markets, many serious effort to ensure we do not repeat the experience of 2008 must include the establishment of an international regulatory floor. otherwise every country's financial institutions are vulnerable to contingent from radical the unregulated markets. as iceland, ireland, united kingdom and the united states proved in 2008. however, minimum standards are inevitably weaker than more effective international efforts, that's why they are called minimum standards. the united states works and was moved more rapidly on the derivatives in europe but has been less aggressive with private pools of capital light hedge funds and private equity and we've been faulted by european regulators for the weakness of the approach to regulating executive pay and

silver. and if you're over 50, we're going to head on into the interview. john, jill. . . mr.son . . . what's it like driving the fusion hybrid? you can read every system that is operating by pushing a button. it's like driving a computer. what would be the hardest thing for you to give up? the miles per gallon, the fuel. when you're used to filling your car up once a week, then suddenly it's every three weeks, believe me it'll be a big difference going back. ♪ ♪ [ male announcer ] thanks to advanced natural gas turbine technology from ge, the power that will help make our nation more energy independent is right here in america. [ crickets chirping ] ♪ [ cheers and applause ] advanced gas turbine technology from ge. ♪ dr. scholl's custom fit orthotic center recommends the custom-fit orthotic that's best for your tired feet. foot-care scientists are behind it. you'll get all-day relief. for your tired achy feet. for locations, see drscholls.com. thank you... thought they were dead. [ laughter ] [ grunting ] huh? [ male announcer ] should've used roundup. america's number one we

birmingham" with its -- "barber of birmingham" and will be screened at civil dots festival in silver springs, maryland. mreening of this film and its historic accounts are deserving of tribute. i commend the independent filmmakers and co-directors, robin friday, and the late gail dolgen for their collaborative vision and capturing mr. james armstrong's life. a birm --ingham legend, it told the thousands of foot soldiers that were not written in the history books. i applaud the directors for their wonderful ren dention of mr. james armstrong's life. i applaud gail dolgen for her steadfast determination while battling breast cancer and co-directing through her hospice bed in order to submit the film for the sundance festival. she died two weeks prior. i pay homage to ms. amelia boynton of selma who provided hiss tore account accounts for the film. the story visited and revisited the news of the beating of ms. amelia boynton and others that endured beatings on edmund pettis bridge on bloody sunday during their march for voting rights acts. though she is ill, she was determined to travel the distance, to be p

silver platter. - you're overreacting, ricardo. - you watch. - derrick kept saying he had to report it. he said that corrigan had been at it for years-- - objection. move to strike. - sustained. mr. davison, limit your testimony to prop 128. - what else happened at the house? - derrick tried to throw me out. i grabbed him. i had my hands around his neck. i killed him. then kim came home. i slammed her against the wall, knocked her out. i was scared. all i could think about was my father, protecting my father. i got derrick's phone. i called ben corrigan. he came over. - and what did you and mr. corrigan do? - corrigan said we couldn't leave a witness. i didn't know what he meant. and all of a sudden, he grabbed a knife and he stabbed kim through the heart. she was dead before i could stop him. - what did you do then? - corrigan told me to hide derrick's body under the house then drive kim's car to union station and take the san diego train to make it look like derrick was on the run. before i left... i saw that... kim didn't have the cross on that she always did. i found it in her room... and it put it on her neck. i took the train to fullerton. i threw away derrick's wallet, an

silver and rice and real assets. >> what is your take on bernanke? what do you think happens at the end of qe2? >> since the first day mr. bernanke went to washington, i told you he was going to be a disaster. he has never been right about anything in the seven or eight years he has been down there. i hope he doesn't come back with qe3. but that's all he knows. the only thing he knows to do is to print money. he doesn't understand finance. he doesn't understand currencies. he doesn't understand economics. he understands printing money. and he is going to print more money, whether we like it or not. it's the wrong thing to do, but that's what he'll do. >> so market disruption come the end of june because qe2 goes away? >> qe2 is definitely going to go away. now it may come back with a different name. they may call it cupcakes. who knows what they'll call it when it comes back. but they're going to bring it back because he'll be terrified and washington will be terrified there is an election coming in november of 2012. washington is going to print more money. >> jim, it's great to have you on the program. >> i'm delighted

mr. jacobe one question. in your estimation what are the two economic policy silver bullets that would enhance access to capital or our small businesses and help us to sustain a growth environment? >> i wish there were a silver bullet, but two things that would really help. i think one is stabilizing the housing and the real estate markets. i think as you hear from the bankers in terms of how small-business loans are made, and i've worked with bankers for 25 years and they tell me the same thing and that is a lack of collateral. a lot of that is related to the housing situation. the second thing has to do with education. when we did our polling prior to the recession, prior to the financial crisis, one of the things we found was that small businesses had problems finding people who were skilled and had the skills they needed so that they could grow to go that remains a problem and when we polled recently among the other problems they still can't find the skilled people they need and talented people they need in the areas that are growing so those are two things i would focus on. >> thank you very much and i yie

mr. jacobe, one question. in your estimation, what are the two economic policies silver bullet that would enhance access to capitalfor small businesses and help us to sustain a growth environment? >> i wish there were silver bullet, but two things that would really hope. i think one is stabilizing real estate arcades. i think as you hear from the bankers in terms of how small-business loans are made and i have worked with bankers for 25 years and they tell me the same thing. that is the lack of collateral, a lot of that is the housing situation. the second thing has to do with education. when we toot our polling prior to the recession and prior to the financial crisis, one of the things we found the small businesses had problems finding people who are skilled and have the skills they needed so they could grow. there remains the problem and when we pulled >> thank you, mr. chairman. dr. jacobe, in your testimony, we discussed while credit conditions have been improved, as they're still considerably tighter than they were in 2006, 2007. i know that you mentioned three fact tears. one of them to housing and real esta

mr. jacoby? one question. in your estimation, what are the economic policy silver bullets that would enhance capital and help us to sustain a growth environment? >> i wish there were silver bullets. two things that would really help, the first is stabilizing the housing and real-estate markets. as you hear from bankers in terms of how these loans are made, these bankers tell me the same thing always, it is the lack of collateral that has led to the housing situation. the second thing has to do with education. when we did our polling, prior to the recession and financial crisis, we found that small businesses have a problem finding people that were skilled and had the skills that they needed so that they could grow. it remains a problem. when we polled recently among its other problems, they still could not find the skilled and talented people that they needed. those are two things i would focus on. >> thank you very much. mr. chairman, i yield back. >> in your testimony you discussed the credit conditions that have improved for small businesses, they being considerably tighter than 2006 or 2007. by no the to me

silver nickel of lord stanley's cup. welcome back to boston. a senator: that was great. mr. brown: mr. president? the presiding officer: the senator from massachusetts. mr. brown: it was great i. i'm honored to speak as well with my colleague senator kerry to celebrate something that i was 11 years old when it last happened. i come to the floor obviously to recognize the boston bruins and the thrilling season and 4-0 victory last night in game seven over vancouver in the stanley cup finals. i enjoy not being an avid skater like senator kerry, i still am amazed at the way that they just go all out and then just slam each other up against the boards and they actually get up. i find that amazing. and obviously they're bringing the cup back, as senator kerry said, for the first time since 1972. we actually have a couple of boston fans up in the gallery. all right! as you know, it's also the home of the bean pot tournament and some of the best college hockey in the country. the bruins made history by becoming the first team in the nhl to win three deciding game seven in a single run, twice rebounding

livinggood, lynn silver smithkline, i want to thank them for their service on the house page board and thank all our departing pages and yield back. the chair: the gentleman from utah is recognized. mr. bishop: i'd like to yield a few seconds to the gentlelady from north carolina who also is a member of the page board. the chair: the gentlewoman from north carolina is recognized. ms. foxx: i simply want to add my congratulations to the pages and my great thanks to them for their service to us. they really do a tremendous amount to help this house work effectively, and i also want to say a thank you to the page coordinators, ms. keating and ms. campson, who are with them -- [applause] ms. foxx: who help facilitate their activities here. they also do a tremendous job and work long hours, and i'm very grateful to them. mr. bishop: mr. chairman, once again, we thank the pages who will be having their graduation ceremonies tomorrow and leaving us. we wish them very well on their further endeavors. thank you very much. the chair: the gentleman is recognized. -- without objection, the time of the the gentleman is expired. the unfinished business is the request for a vote offered on the ame