mr. thompson: mr. speaker, i have no more speakers, if the gentleman from new york is prepared to close. mr. king: ranking member, i have one further speaker, the gentleman from texas. the speaker pro tempore: the gentleman from new york. mr. king: for three minutes. mr. poe: thank you for yielding the time and appreciate mrs. miller offering this legislation. having been a resident in texas, a border state with mexico, i see firsthand the situation on the border. we hear everything politically from the border is safe to it's a war zone or somewhere in the middle. we do have a border security problem. just a couple of statistics to show you how the border is pourous. in our federal prisons is a group called i will -- illegal aliens. 25% in our prisons are illegal aliens. and i regularly go and visit with our border sheriffs and i ask them how many people in your jail are foreign nationals. the latest statistic was 34.5% in our jails are foreign nationals. so, yes, crime comes into the united states is

mr. thompson as a candidate, disclose whether any board member basically was aware of mr. ompson's dedeception.d and give out more information to shareholders regarding what they knew. and here's the last one, scott. i saved the best or at least the meatiest for last. number four, the demand third point is making, terminate mr. thompson for cause immediately given his demons rabble suitable to remain chief executive officer. guys, i'm going to toss back to you and can you this, do you think adding that allegedly to a resume is cause for termination? because dan loeb says it is. >> i'm going to anthony for the answer on that. >> i'm not morally -- this is a black line item. you can't lie on your resume and say it's a clerical issue. had he said something -- the cover-up is always worse than the crime. say i was immature when i put that in, i've deleted it. you can't say it's a clerical error. i think dan is 100% right op this issue. >> i've seen a very good portfolio manager fired for the exact same thing. didn't matter what his track record was. it was a moral issue. >> all

mr. thompson there. scott thompson's been making major changes at yahoo, but not fast enough for mr. lobe. as for yahoo, it said in the statement there was an inadvertent error that stated he holds a degree in computer science. this in no way alters the fact he's a highly qualified executive. mr. thompson has a lot of enemies, including david sachs. you may recall, he's the guy that required $25,000 to anyone at yahoo who left the company to work for yammer. i talked to sachs about that, he said it was punishment for yahoo. >> i was trying to give yahoo employees a little motivation to rethink their situation in light of management's decision to become a patent. i was reacting to the patent lawsuits against facebook. >> you can watch more of the interview with david sachs including the facebook ipo coming up this sunday on press here. >> look forward to it, scott. >>> 6:23 right now. we are getting ready to take you live to churchill downs. yeah and some of that mint julius.amous mint juls. >> still to come. -dad, why are you getting that? -that's my cereal. is there a prize in there

mr. thompson, mr. greenwood and myself are proud pennsylvanians as well and we know your home county is pronounced junta and not juanita as it was pronounced in 1992. those of us on this committee in '02 and '08 are proud of the work that we've done. the super committee had no priority for funding. the ag committee has $800 million. we want to fund as much as possible, but we are in difficult waters right now. if we could only fund three programs, what three would you recommend funding, and where would you suggest we take the money from to fund those? neighbor? ryan used to be my neighbor. >> well, i think that's a fair question. it's a difficult question. >> yes. that's what we're facing. >> i know you are. clearly the budget situation here is very austere and you've got to make some tough decisions. i don't know that i can name three. did i name four in my testimony that we are very supportive of as members of the ag energy coalition. we think that these programs, the energy programs, have demonstrat

mr. thompson. scott thompson's been making major changes at yahoo, but not fast enough for lobe.s for yahoo, it said in a statement, there was an inadvertent error mr. thompson holds a degree in computer science. he's a highly qualified executive with a successful track record leading large technology companies. under his leadership, yahoo is moving forward to grow the company and drive shareholder value. >>> now the other big story this morning is the jobs picture. for that, we'll turn to jackie live at cnbc world headquarters. >> good morning, scott. we're looking at the futuring pointing to a lower open on wall street as investors may be playing it safe ahead of today's big economic data. hiring is expected to have picked up last month causing payrolls to rise by 168,000, but unemployment expected to hold steady at 8.2%. and stocks falling on thursday as a better than expected report of new unemployment, the dow dropped nearly 62 points to 13,206, the nasdaq losing 35 points to 3,024. meantime, that jobs number coming out in about 15 minute's time. everyone is going to be watc

mr. thompson is a highly-qualified executive i, with a successful track record. in his letter to the board of directors, david lopes said, it undermined his credibility as a technology expert. and reflects poorly on the character of the ceo, who has been tasked with leading yahoo! at this critical juncture. >> reporter: he wants the board of directors to take immediate reaction. it's not clear if that means removal. >>> let's turn things over to jeff, who joins us at the weather board. is there a change for us? another equalization, of the temperatures that have been out of whack for the past two years. it's been hard-pressed to find a normal season. right now, the doppler raider is finding low-level moisture across the hills in the east bay. can't rule out drizzle for tonight. and noticeably, out behind the frontal system, it's humid. we have 61 in sunnyvale and 56 in san mateo, a lot warmer out there at the current moment. what you find in san francisco, we do have that low cloud cover and the fog. and drizzle happening across the golden gate bridge. there it i

mrs. thompson. so then i knew. i said how often does this go on. she said every morning. every morning we're out here on the pavement doing the steps and we look for him. and he comes every day. all during the war, we're out there doing the steps, doing the pavement. they were all housewives in that day. none of them worked because they had big families. we had one family in the street, 16 children. her name was mrs. gallagher. never forget. and they were all out there. but when they tell you about who the heros is of any war, i can tell you, and i mean this very sincerely, we know the kids who god killed. but at least their pain was over. but the women every day, every day they had the pain waiting for the telegram. think about it. and as i told these gentlemen before, how would you have liked to have been mrs. sullivan who lost five boys. when that priest came knocking on her door. i'm telling you like it should be said. and she heard a bang on the door, she looked out the window, she saw the priest. she opened up the door and she said, father, which one. and he said mr

mrs. thompson plans to take the survivors back to her farm. >>> and the skies will be a bit brighter this weekend. stargazers can feast their eyes on the biggest full moon of the year. it's called a supermoon. that's when the moon makes its closest approach to earth. appearing 14% and 13% bigger and brighter. the supermoon is said to occur tomorrow night at 11:35 eastern time. >> take it easy with the cinco de mayo parties to enjoy that view. >>> time for a look at weather across the country on your friday morning. rain and mountain snow in the pacific northwest and in the northern rockies, as well. some dangerous winds, golf ball-sized hail and possible tornadoes threaten sioux falls, omaha, chicago, cincinnati and nashville. severe weather in the northeast. thunderstorms around atlanta, birmingham and biloxi. >> 80s in new orleans and atlanta. 58 in boston. 70s in detroit, chicago and the twin cities. upper 80s from omaha to colorado springs. a hot 94 in phoenix. 71 in sacramento. and 55 in seattle. >>> and one of your favorite stories of the day. fresh fallout from that airline decisio

mr. thompson told the yahoo board he has cancer, thyroid cancer, that's all we know. i have several calls into oncologists. thyroid cancer is wide ranging, there are types that are curable and kinds that are not. we'll continue to follow that as well. here is everything you need to know. executive summary. scott thompson out, ross levinsohn, new incident rim ceo. daniel loeb now on the board, and roy bostock leaving immediately, fred a.m. ross oh becoming chairman. the story continues to change. yahoo having a hands on meeting today. we will continue to cover it tonight at 5:00 and 6:00. >>> this morning, governor jerry brown revealing the revised state budget and the news isn't good. he detailed numbers about an hour ago in sacramento. brown says due to lower than expected revenues and court rulings that blocked cuts, the budget deficit has grown to $16 billion. governor brown says raising taxes is the only way to avoid major cuts to public schools, colleges, and public safety. >> we're going to have to cut deeper, but cutting alone really doesn't do it. that's why i

mrs. thompson? jake's form teacher. noticed that jake was a bit subdued at the moment, yeah, but, um, i think we know why that is, though. a friend of his, his parents have split up, and he's... oh. i see. what kind of bullying? one day they're going to find that woman dead with her blackberry shoved down her throat. the school said they would deal with it. i'm going to go in there tomorrow-- no, dad, please, dad. don't! please, dad! do you believe in god? um...

mr. richard thompson, representing the community groups that negotiated this important community investment. mr. hobson. [applause] >> good morning. my name is richard hobson. i am a member of san francisco case, the alliance for californians for community empowerment. on behalf of the government body accountable for these funds, including the san francisco organizing project, san francisco labor counsel, the pac, cac, and mr. j moody, i want to emphasize our commitment in helping to build strong district and community, especially in the neighborhood that have been historically left out of economic opportunities in san francisco. our city is at risk of losing the economic and racial mix that are the keys to a healthy, diverse, and vibrant city. that is why this community benefits agreement, the only one of its kind in san francisco, that we negotiated

mr. thompson. >> at the very least, it's reflective of a fight getting increasingly nasty. loeb charged that scott thompson and patty heart purposely overcreated their background. mr. loeb owns 8.5% of the shares. s if thompson has over dls stated his education, as loeb and ledges and has done so purposefully, they will not be the first to have done so. but what is loeb is hoping for is for the board to act with the credibility issue and to not sell the company and to its processes run by miss hart to find the current ceo. yahoo! concludes that the computer science major was an inadvertant error. particularly in comparison to the candidates selected by the board. le loeb chose instead to fight, claiming that there have significant and or sale of the entire company and that, of course, is where the real battle will play out. yahoo! has yet to set an annual meeting date but between now and then expect plenty more punches to be thrown. >> punches, a lot of mudslinging here. dan loeb has three people he wants to put on the board, right? himself -- >> four. >> tell me about that.

mr. thompson graduated. we're trying to get to the bottom of whether that was inadvertent or something more serious in terms of the oversight. >>> it's been 273 days since this country lost its top credit rating. what are we doing to get it back? we told you earlier in the week homeownership was at a record low. maybe that will help people buy because mortgage rates hit a record low. 3.84% refi. >>> new details in the shooting death of 17-year-old trayvon martin. according to some reporting from the "orlando sentinel" george zimmerman told police that the florida teen was circling his suv while he was on the phone with the 911 operator. now, zimmerman told investigators that he rolled up his window to avoid a conflict. but what's interesting is we went back to the tapes to listen, and he didn't mention any of this to the 911 dispatcher. prosecutors say there are inconsistencies in his story. a volunteer neighborhood watchman also told police that martin covered his mouth during their fight and the teen reach

mr. thompson is a highly-qualified executive. >> and quick look at the numbers today with day two of losses as investors await tomorrow's big monthly jobs report. your bloomberg silicon valley index closed down lower, if you can't make knit hollywood, maybe you can on you tube. that is what some are hoping anyway. the site spends $100 million on original programming. you tube is funding film makers and proven hit makers and creates 100 new channels and hopes to gsh -- google hopes to woo some of the big advertising names. the big question is..., though, whether advertisers will follow and if so, just how much will they spend. at bloomberg studios i'm emily chang with bloomberg west. >> we're sensing a lot of dark clouds behind us here. >> this is gloomy and there are breaks of sunshine. and there is preparing for the show. >> yes. yes. >> there are breaks of sunlight out there. it's cloudy now. there are spotty showers. here is a live view from our sutro camera looking northward and towards gelden gate. clouds are low and there is a lot of moisture in the area, just spotty showers as mexed.

mr. chairman thompson, and members of the subcommittee. on behalf of the national association of conservation districts, our 3,000 member districts, and our 17,000 supervisors across this country, i thank you for this opportunity to be here today. i currently serve as a board member from the state of alabama for nacd as well as chairman of the nacd forest resources policy group. my wife and i own homestead company sole proprietorship in marian, alabama, where we are a tree farm operation. my family has used a variety of conservation practices over nearly 200 years including cross fencing, rotational grazing, padded water troughs and prescribed burning. we received our first farm plan in 1939. and we have been certified tree farm since 1941. we have a mix of pine and hardwoods on our property and in 1999 we reintroduced long leaf to our property. we currently have a forest management plan and a registered foerster to assist us with our forest management. the importance of conservation cannot be stated enough. that is why nacd supports the p

mr. thompson is a highly qualified executive with a long track record. yahoo!ving forward to grow the company and drive shareholder be value. interesting to note, maria, the stock actually had strengthened a little bit after the news first came out whether they make a big deal of this or not. it could hurt his credibility in the tech world. it could hurt his credibility overall. we'll see if mr. loeb wants the right seats on the board of directors of yahoo! >> we haven't seen much reaction. not a big reaction. now you're saying that the company is confirming it. we'll see if that actually matters to people at this point. interesting story there, brian. >> it is fascinating, actually. >> see you later. >> 15 minutes before the "closing bell" sounds. let's take a quick market stat check on yahoo! that is down as well as apple. the biggest weekly loss in three weeks, actually. the company's earnings report, you heard and biggest name, and it continues to slide as well. it did hit the 50-day moving average and it's down $4.25. >> from tech to auto, gm beat expectat

mr. thompson. i appreciate that. i'm a third-generation lawyer who's worked for the past 22 years and has been educated and trained like i think that the best management practices and i'm the proud master locker. i'm here today representing the family small business. we are timber harvesting company and we've been practicing sustainable forestry for 52 years. i'm also representing southeastern what producers association which represents 500 businesses in florida and georgia as well as the american markers council representing harvesters in 30 states. our first concern is directed towards the inventory and now the program itself. the faa program is the best resource we have available to measure outcome and plan for the future force. the data files to be used jobs. i personally work with other companies to develop new markets in a region of the country. the markets are established and located based on the availability of the data appeared me ask you to reaffirm the u.s. forest service inventory and analysis program to

mr. thompson's hiring. >> how will the batter affectity stock going forward?'s talk it ben and herman. guys, good to see you. ben, let me start with you. do you take a position on whether or not they should fire him at this point? and if they do, what's it going to do to the stock? >> over all i think it is a bit too early. we want it find out what actual detail behind -- >> let's say he lied. fe lied. if he lied, what do you do? >> if he explicitly lied, i think it will be very difficult tore him to stay in this role. i think would he have to go. >> what happens to the stock? good or bad for the stock? >> that's the interesting thing with yahoo!. reality is stock trades much more o on the fundamentals with what is happening with area a assets than with the u.s. assets, which scott is trying to lead. he hadn't had much of an impact on the company yet. i personally and i think many investors want to see what he can do. he may not have the opportunity if he did indeed lie on his resume. >> you say it would be devastating to yahoo! if they fire thompson, yes? >>

mr. thompson. >> thank you. chief, one of the constants that this committee runs into his department or agencies will, with a new plan, a new strategy. when you talk about who was involved in crafting the new plan of strategy, it ends up being just a snapshot of agencies rather than the agency as a whole. can you tell us, in developing this new strategy or the third strategy that i have been a part of, did we involved other counterparts in putting it together like the marines and other operations? tell us about this. >> yes, congressman. that is a great question. it has been in process to design and develop a strategic plan for 18 months. during that process, not only within cdp and the other offices you have mentioned, there were opportunities to develop a strategy throughout. we had input from the department. even before that, as we were working with our field commanders and we had them reach out to the employees to understand and help us develop the framework, as well, we wanted to make sure that we harnessed

mr. thompson told the yahoo board he has cancer. it's thyroid cancer and that's all we know. own research says thyroid cancer is very wide ranging. the there are types that are curable and types that are not. we will continue to follow that story, as well. >>> now, executive summary. scott thompson out at yahoo, ross levinsohn, daniel loeb on the yahoo board along with two of his allies. roy bostock and others leaving immediately. believe it or not, the rest of the financial world continues to make news. let's go to jackie live at cnbc world headquarters. good morning, jackie. >> good morning, scott. well, the futures down sharply this morning on fresh concerns over, you guessed it, europe's debt crisis. talks between greece's three main political parties broke off without a deal this weekend. and angela merkel suffering a setback as her party lost weakening her position. european markets in the red today. asian markets were mixed overnight as china changed lending rules for its banks. no economic data here in the u.s. today. but we do get reports this week on retail sales, c

mr. thompson has told the yahoo board he has cancer. it is thyroid cancer, that's all we know. i have several calls into oncologists but our own research says thyroid cancer is wide ranging, types that are very, very curable and types that are not. we will certainly continue to follow that story, as well. >>> now, an executive summary, everything you need to know on one screen. scott thompson, out at yahoo, ross levinsohn, daniel loeb on the yahoo board along with two of his allies, chairman bostock, four others leaving, one name we're not hearing is former nbc executive jeff zucker, he's not been invited to the board though loeb had talked in the past about wanting him. and now from zucker we go to zuckerberg and far happier news. it's his birthday. we still expect the facebook ipo on friday so he's probably not paying a whole lot of attention to his own birthday. i would suggest if you get him something, get him a sweatshirt. he kind of likes, i've heard, the kind with the -- >> i understand those hoodies have the facebook mantra on them. >> special stitching. he showed them