are there other -- mr. watt? i'm sorry. >> wait a minute now. we didn't vote on the amendment, they would. i just thought we voted him on his judgment what were we voting on? i'm sorry. >> mr. franks -- >> on his unanimous consent. why are we going on unanimous consent request? >> i only offered as you incentive to offer it orally. it was an amendment that had to be voted on it was just to be able to do it orally speak he amended mr. green's -- >> mr. grayson is still on the floor. okay. that's what i thought. spink does anyone else wish to speak? >> gap. >> the gentleman from north carolina is recognize on mr. green's amendment. >> as amended by the unanimous consent request. and my question to mr. green is with regard to the second part of your amendment. by adding a subsection which says an executive officer of an enterprise this compensation package is suspended under subsection a shall not be compensated more than a high school but it employee of the federal housing finance agency him. does not supersede subsection d on page seven which says

the chair: the gentleman from north carolina, mr. watt. mr. perlmutter: i yield to my other friend from north carolina. mr. mchenry: i want to thank mr. perlmutter for working with us on this language. he raised significant concerns, and the language that we have that the gentleman was integral in crafting actually is perhaps part of the reason why the president supports the legislation. and i appreciate mr. perlmutter working diligently on this. i would remind my colleagues in our legislative hearing on this bill, the democrat witness before the committee said that crowdfunding will not work but for this exemption from individual state registration. it's a very key part of this process. when it costs $150 to register a security in connecticut and all you're trying to do is raise $150 from connecticut, you net $0. and beyond that, asking a lawyer to file the paperwork. we want to preserve that anti-fraud bit that the states do very well at and we have done that with this language and i yield back to my colleague. mr. perlmutter: i reserve my t

mr. watt: i haven't heard this said since i have been sitting on the floor listening to the debate, but if anybody has said it i want to express my agreement with them. we cannot continue to spend more year after year after year than we receive. that is unsustainable. and with that i cannot argue. however i disagree that we need a balanced budget amendment to make that point. i have no balanced budget amendment to operate my household. some years i have borrowed money and gone in debt. and some years i have accumulated a surplus and paid down that debt. i'm sure that's the way every american citizen operates their life trying to make responsible decisions not hiding behind some subterfuge like a balanced budget amendment. being responsible. i went into debt to go to college. it was a wonderful investment because i wouldn't be here today if i had not done that. and i paid that debt back in some years where i generated surpluses in my household to be able to, as a result of going to college. i w

watts, cbs 5. >>> well, consumer experts say people with these extended service deals should review their contract of course. if it's similar to mrchang's, then the dealer is responsible whether or not the insurance company is still around. anderson honda did not return our phone calls. if you have a consumer problem, call our hotline 1-888-5-helps- u. >> we want to go halfway around the world to some live pictures. you are looking at london, where we understand there is a huge group of "occupy" protestors including students as well as blue collar workers. you know, this is something that's really been taking over worldwide. apparently they are winding through the streets near st. paul's cathedral. and you can see just how large this group s it's a huge crowd marching through the streets. at this point it looks peaceful. >> it does. andup this is pretty contagious. a lot of folks in europe especially with the banking problems and the economies over there just -- if not worse than the economy in the united states. the folks in great britain are taking a page from those in new york, oakland, san francisco and across the united stat

mr. leckar: no, your honor. first of all, let me refer to chief -- to justice frankfurter's comments a long time ago in watts v. indiana: justices are not ignorant of the law, what they know to be true as men and women, but other legislatures will follow congress. but what we have here -- what we have here is a live case of controversy in which antoine jones' control of his vehicle and his car was converted into an electronic gps electronic transceiver serving the government. so that case is here and it -- it needs to be decided. one doesn't need to address technologies that aren't here before the court today. you could; we could venture down that road. we could discuss drone surveillance, we could discuss balloon surveillance and other types of surveillance, but we don't have to. it's a narrow --justice alito: there was a warrant -- there was a warrant in this case. this is a puzzling aspect of the case to me and maybe there -- it's irrelevant for present purposes. there was a warrant and the two violations of are violations of a statute and a rule, neither of which may carry an exclusionary rule sanction with

mr. mchenry: i did not receive that letter. my two democrat colleagues from north carolina did in fact get that letter. my colleague, mel watt, fantastic member, submitted it for the record in the financial services committee. i've had neither a law nor a call from my secretary of state raising considers about that. with that, i'd be happy to yield such time as he may consume to my colleague from new jersey, the chair of the subcommittee on capital markets and financial services, mr. garrett. the speaker pro tempore: the gentleman is recognized. mr. garrett: i thank the gentleman from north carolina for all his work on this legislation as well as the chairman of the full committee, spencer bachus for his leadership on this initiative as well, to the extent that with the previous piece of legislation we had goes to the overarching theme today and during this past months in this time in the house, which is job creation for this country. what can we do here in the house of representatives to facilitate the creation of more jobs and like with the last piece of legislation, we can help businesses small and large to obtain additio