mrs. johnson had influence and mrs. johnson could work behind the scenes. this was too far in front. and there was some backlash over that. and she -- after that retreated to a more veiled, behind the scenes kind of lobbying. but it's also mrs. johnson that takes the first solo campaign whistle-stop tour. it's a trip she takes into the south. during the 1964 election campaign, lyndon johnson has signed the civil rights act. he's losing support in the south and mrs. johnson alone obviously with a staff and companions, but makes a trip through the south, stopping to speak to the public. strong arming in an oh so polite way governors and leaders in that state to meet with her. to here's my point of view. and takes an abuse from the public and then will say, well, you have had your turn. i have listened to you and i hope you'll listen to me. knowing that southern gentlemen have to -- southern gentlemen has to listen to and greet a southern lady. >> the dress. tell us how she picked the design for this. >> it's a beautiful yellow, made by john moore texas dress designer. and it's actually

mrs. johnson that takes the first campaign swing solo campaign whistle stop tour. the lady bird special is a trip she takes into the south during the 1964 election campaign. lyndon johnson signed the civil rights act. he is losing support in the south and mrs. johnson alone obviously with a staff and co companions but makes a trip through the south, stopping to speak to the public. strong arming a an, oh, so polite way governors and leaders in that state to meet with her. and speaks to the a public. saying here's my point of view. and takes an abuse from the public and say you have had your turn. i listened to you. now i hope you will listen to me. knowing that southern gentlemen have to let you -- southern gentlemen is going to have to listen to and greet and be polite to a southern lady. >> the dress, tell us about how she picked the design for this. >> it's a wonderful dress. beautiful yellow. made by john moore, texas dress designer. and it's actually -- mrs. i don't know son, while, of course, the wife of the senator, the wife of a member of congress. constitue

mrs. johnson, before laura became first lady, mrs. johnson was my favorite, but mrs. johnson, when we first got to congress and there were 48 or 57 new congressmen that year, and mrs. johnson invited everybody up to the family quarters, and she told us that she had never been up there before herself, and so she wanted to be sure, and she remembered george's mother, who had been the husbands in the senate together. mrs. bush, doddy bush ever comes, please, bring her up to the white house, i'd love to have her. i found that extraordinarily generous that she would get us all upstairs, and she was just a lovely person, and i don't think she got the credit she was due. >> she's also, she defies the labels, because she is on one hand a traditionalist, she obviously cared passionately about making life for her husband better, but she cared about making life for everyone better, so she was also an activist. >> well, we both are that way, so stop it. >> i'm suggesting you have a lot in common. >> oh, good. oh, good. >> i did get to show ladybird around the white house. linda br

mrs. johnson, before laura became first lady, mrs. johnson was my favorite. but mrs. johnson whrks we first got to congress, and there were 48 or 57 new congressmen that year, and mrs. johnson invited everyone up to the family quarters. and she told us that she had never been up there before herself. and so, she wanted to be sure and she remembered george's mother, their husbands were in the senate together, she said please bring up dotty bush, i would love to have her. i found that extraordinarily generous that she would get us all up stairs. she was just a lovely person. and i do not think she got the credit she was due. >> she is also, she deidentifies the labels. she is on one hand a traditionalists and cared about making life for her husband better, but she cared about making life for everyone better. >> we are both that way so stop it. >> i'm suggesting you have a lot in common. >> oh, good. >> i did get to show lady bird around the white house, she still was so expressive the way she always was, she saw is portrait of her husband she would put her arms out like

mr. johnson is recognized for five minutes. >> thank you, mr. chairman. mr. fryt, how low would we have to get the rate before you guys could take over the postal service? >> do i have to answer that question? >> well, you're doing a good enough job right now. >> can i have a lawyer with me? >> i've got a place out in new mexico where you'd deliver to the door, and the postal service doesn't even come. >> well, if you ever have a problem, just give me a call, please. i'll help. >> in your testimony you say the ideal reform would lower the rate to at least 25% and include incentives for investments such as bonus depreciation. however, you also say you are willing to put all base broadeners on the table for significantly central reform tax code with a materially lower tax rate. what rate would that be if we were to give up all the other nicks? zblit really depends, mr. johnson. it depends on what's in the package. but given our competition overseas, we think it would have to be something close to the oecd rate. if you get there, presuming that doesn't continue

mrs. johnson was not thrilled with the word beautification but it was a doable word. she was going to concentrate on the great society. helping her husband's efforts to promote the great society. working on his presidential library. ms. johnson's east wing really works with the west wing. so she's doing environmental things. she's national park talking about the environment. we have a scarf in here that i love and i have never seen the connection before but the scarf promotes the discover america program if discover america program is something the west wing has put out and it's an effort to put american tourism dollars in america. it's encouraging you to vacation to america, so mrs. johnson can promote that at the same time she's promoting environmentalism. >> is this all part of the great society agenda? >> yin

to decide his lines was written by germany germany has affected the subcontract of the half and mr johnson in particular the task of imposing onto greece these days the measures the believe is the sample but the i.m.f. does not believe it is the measures so this is christine lagarde is making some quite notable and interesting speeches that are going against the kind of medicine the grease is applying to the patients and is mrs johnson has gotten between those two. places hers mindsets one is out of it of his bosses in washington and the other is the germany does it which is contracted mrs domes to effect policy is a bit of dom's nose are quite poisonous not only for greece but more generally poor of the global economy ok now this is that are saying they are the bureaucrats in brussels have just found another fifteen billion euro black hole greece. there seems to be a recurring theme how many more black holes do you expect to be found in great financial universe before it's all over it really depends on whether germany is ready to let the eurozone go. germany has not. decided that it wants

mr. johnson: mr. president? the presiding officer: the senator from south dakota. mr. johnson: mr. president, i have five -- the presiding officer: we're in a quorum call, senator. mr. johnson: i ask -- to* dispense with the quorum call. the presiding without objection. mr. johnson: mr. president, i have five unanimous consent requests for committees to meet tduring today's session of the senate. they have the approval of the majority and minority leaders. i ask unanimous consent that these requests be agreed to and that these requests be printed in the record. the presiding officer: without objection, so ordered. mr. johnson: i ask unanimous consent that i be allowed to speak as if in morning business. the presiding officer: without objection. mr. johnson: mr. president, i also ask unanimous consent that following my statement, the banking committee's ranking member be recognized, followed by senator menendez of new jersey and that all time be consumed be counted towards the postcloture time. the presiding officer: without objection. mr. johnson: thank you, mr. president. mr. pres

mrs. johnson received a one- year sentence after admitting she obstructed a corruption investigation targeting her husband former county executive jack johnson. prosecutors made a similar request before mr. johnson went to prison earlier this month but it was denied. >>> it is 5:36. it's time for a special your money report now. >> jessica doyle is back with a consumer warning as you make your vacation plans for spring break. a lot of folks might be thinking right now this is a pretty good time to book a spring break trip. a couple of weeks. not a bad idea. but websites that compile user generator reviews a great place to vette out your -- vet out your stay. here's the way to stop a fake review. >> websites sound off about the good and bad of their stay can be a helpful resource, especially if you're unfamiliar with the locale but the user generator reviews can also have their share of pitfalls good some of the hotels actually post reviews that are positive of their property and in some cases they've been caught posting negative reviews of their competitors. how do you sort them? >> reporter:

mr. johnson said. >> thank you. senator johnson is recognized for the equivalent amount of time as i just consume. >> i will be quick because you're questioning covered a lot of what i wanted to talk about. we have talked about the book written "this time it is different." past history, nation states of got into high levels of debt, by and large got themselves off by inflating their currency in devaluing debt. our debt is structural in terms of entitlements. our liabilities are tied to inflation. from my standpoint, we cannot inflate our way out of this debt. that is the question i am asking. like your comments. are we in a bigger pickle than past nations? dr. johnson, you're shaking your head. i will go to you first. >> i was nodding my head, actually. we're certainly in a big people. there's no question about that. you cannot inflate your way some of -- out of some of the liabilities. you can inflate your way out of some debt obligations. the u.k. has much more incentive to inflate in the classic way than we do. a

mr. johnson. first, i think that we have seen continued increase in capabilities of the afghan security force. i was there just before christmas. i'm encouraged by the progress that's been made by the afghan security forces. i think as you see us move forward, we are putting that more and more in front. i think we'll continue to do that. as we learned in iraq, it's important to do this slowly and do it right and be sure they're ready to take over. i think we're on the right track. in terms of secretary panetta's comments, i would say all along our strategy is to turn over responsibility to the afghan security forces. i think that as we continue to make progress, general allen and others on the ground will make the decision when this happens. but i think we all agree with secretary panetta that over time we're going to turn responsibility over to afghan security forces and move back from combat operations and allow them to take the lead. we will do that when the time is right. at the end of 2013 mi

mr. johnson, you highlighted the unknown nature of the derivative exposures. there's been a lot of discussion about this. every expert i've talked to has said we really have no idea of how the dominos are lined up. it's an incredible thing that in this -- just in this european and american sector we can't quite get our hands around who is underwriting, who is holding and what happens if companies have to perform on those insurance contracts. if that context there's been a lot of discussion in europe about the banning of naked shorts. that is not able to buy a credit default swap unless you own the underlying investment. i believe that one step in that direction was taken back in october, and if the proposal is ratified, i think it would go into effect in november of this year, something like that. is there a fierce argument back and forth as to whether that's valuable or not? >> my understanding is some financial institutions in europe are still banned from unsovereign debt. to be frank, i think it's swa a misguided approach. a lot of people want to be able to

mr. johnson was owned the first dutch slave ship that landed at jamestown, virginia, in 1619 and he was one of the 20 slaves that were led off the boat in jamestown. by 1623, anthony johnson had worked himself out of slavery and was a free man. and in 1694, anthony johnson won an important court case in virginia, and it set some precedent for future such cases because anthony johnson's slave sued him for freedom. and this court case, which ruled for johnson against johnson's slave, said that johnson's slave would continue to be a slave. and that set some important legal precedents. another individual that i talk about in the book is william ellison. and mr. ellison was a free black in south carolina. he was one of the most successful slave owners in the south prior to the outbreak of the war. he was a cotton begin builder. and if you wanted a cotton gin built right, you went to this free black, william ellison and he sent out a crew to build you what was perhaps the best cotton gin built. and his work force was made up of slaves. according to the 1830 united states census, in the states of

mr. johnson? >> thank you, mr. chairman. and thank you, mr. secretary and general dempsey for being here today. i know that the development of a new strategy and related changes in the budget request were very difficult undertakings. and someth have heard from some on the committee to your work has been unfounded criticism. there is no way a 1% reduction of the pentagon's base budget from 2012 to 2013 could mean the difference between the world's greatest military and a hollowed out force. and under the administration's proposal, the dod base budget will remain essentially constant between 2013 and 2017 after adjusting for inflation. i believe there is room for additional savings in the department's budget. and those may very well come when we can get some clean accounting statements. and i'm glad to know that that time period, mr. secretary, you have moved up to 2014 i believe, right? and i share your concern about the -- and your opposition to across-the-board cuts that would be mandated by sequestration. but before i ask any questions, i'd

mr. johnson, you highlighted the unknown nature of derivative exposures. there's been a lot of discussion about this. every expert i've talked to said we have no idea of how the dominos are lined up. it's an incredible thing that just in this european and american sector, we can't quite get our hands around who is underwriting, who is holding and what happens if companies have to perform on those insurance contracts. in that

mr. johnson said. >> thank you. senator johnson's recognized for the equivalent amount of time i just consumed. >> i'll be quick, because your line of questioning covered a lot of what i wanted to talk about. we're obviously talking about structural reform here, and we've talked about the book they write "this time it's different." the question that popped into my brain, past history, nation, states, got high levels of debt and got themselves up by inflating the currency and devaluing the debt. our debt is structural in terms of entitlements. our liabilities that are tied to inflation. from my standpoint i'm saying we can't inflate our way out of this debt. the question i'm asking is like your comments on -- are we in a bigger pickle than past nations that couldn't inflate their way out of the debt. dr. johnson, you're shaking your head, so i'll go to you first. >> it was not in my head actually, but we're certainly in a big pickle. there's no question about that. i like your point that you can't inflate your way out

mr. johnson has asked you have you studied how low you can get the tax rate if you eliminated tax expenditures, and all the witnesses said they haven't. so i just want to enter into the record the study from joint tax dated 27 october 2011 which talks about what you really have to do if you're serious here. now that study suggests that roughly half the cost of a seven-point reduction, that is from 35 down to 28 would come from the repeal of depleted, accelerated depreciation. yet all the companies have said this is very important. don't take away our accelerated depreciation. and you want to retain it. that means you can only finance about a 3 1/2% reduction. this report says you're going to have to come up with $960 billion, $506 billion comes from depreciation acceleration. i wonder what you actually would support. because as mr. rangel suggested, tax reform in 19860 cured after ronald reagan came in in 1981 and played golf with tip o'neill for five years. and it was before the global economy had really taken hold. so we're talking about a new world that we're trying to reform rather than th

mr. johnson. >> thank you very much, madame chair. ple mr. mcaleenan, the this congressional law was to give us within a reasonable period of time 100% scans on container shipments coming to the u.s. where are we at this point in that 100%? >> in terms of a total percentage sir? >> yes. >> okay. our csi program covers 80% of global trade to the u.s. in terms of the actual scanning, we do about 45,000 inspections last year. through our csi port prior to ladying on vessels. that is a little bit less than 1% of the total cargo headed to the u.s. and then we scan an additional 4% upon arrival domestically in the united states. >> all right. in layman's terms, what percent cargo that's coming to the u.s. right now is not scanned? >> in the maritime environment in terms of physical scanning, that would be over 95%, the vast majority. >> all right. why not? >> well, we've been discussing with you, sir, and your committee for several years the complexities of this process and the tests that we've undertaken with sfi to examine the feasibility of the

mrs. johnson around the white house. she was able to come one time. she was in a wheelchair then and had lost her speech by that point, because of the stroke she had, but lynda robb, her daughter, brought her, and ladybird, even though she couldn't speak anymore, she was still so expressive in that very attra attractive way she had. she had see a painting she saw and liked and she would clap her hands together to let me know that she remembered that and liked it. when she met, one of the elevator men, who had been maÎtre d' when she was there, she hugged him immediately, and that was great to be able to have that one chance to show her around. >> first lady laura bush, thank you very much. >>> all day today, american history tv is featuring american's first ladies. who do you think was our most influential first lady? vote and join the conversation with us on facebook, at facebook.com/c-span. >>> you're watching american history tv on c-span3, and we're observing this presidents' day weekend, taking a look at our nation's first ladies. up next is caro

mr. johnson throws one up from behind the arc using a little glass. later, john jenkins, the s.e.c.'scorer. he had 22 points. gators came back a little bit. eric murphy fakes a shot, goes through the lane. these are long highlights for a game you don't care about. i'm showing them anyway. thanks to the hot hand of john jenkins vanderbilt holds on. wins 77-67 with one game left in the regular season. vanderbilt plays tennessee on saturday. they play kentucky on sunday. coming up at the top of the hour on "morning joe" sweeps the night. did he do anything to calm his critics or are republicans still waiting for a savior to rise from the streets? we'll discuss that in a few minutes. when we come back here we'll huddle up around the water cooler to hear a dumb story for the ages. when trying to open a bank account with a fake i.d., do not use a photograph of one of the most famous movie stars on the planet. "way too early" coming back. [ female announcer ] if whole grain isn't the first ingredient in your breakfast cereal, what is? now, in every box of general mills big g cereal, there's

mr. johnson who is patiently waiting there. i don't want to end the meeting without him having an opportunity. >> thank you so much, mr. chairman. it's a real quick question, madame secretary, and thank you for being here today. with the growing economy and vast foreign reserves, it would seem that beijing has more than enough money to deal with many of the issues that u.s. foreign aid sports like it's own citizens' health issues. borrowing money from the chinese government to spend back in china on health programs seems a particularly bad use of u.s. government funds especially as americans struggle to cover their own rising health care costs. why are we proposing $2 million in support of health programs in china when the chinese hold an estimated $1.2 trillion of u.s. debt? >> well, congressman, the remaining aid that we are asking for goes to what we consider to be transnational issues in which we have a stake. it was united states aid and leadership that finally helped china respond to their own hiv/aids crisis, which does h

mrs. johnson was not thrilled with the word beautification, but it was a doable word. she was going to concentrate on the great society. on helping her husband's efforts to promote the great society.

mr. johnson raised about derivatives is an important one and comes back to a question that senator merkley raised. one issue about cds which everyone is very dish turnturbet and the europeans because they don't understand are trying to band naked cds is first of all it's very good that cds should be in centralized depositories so we know where they are. it's very good people should have to account for them correctly. three important aspects. cds, unlike bonds, which is one of the big problems for eurozone banks, cds are market to market every day. had you beans in europe carrying their greek bonds at 100 cents on the dollar, even though in the market they were quoted at 40. however, the cds had to be marked to the 40. so every day that is reflected in realtime. secondly, cds 90% of cds contracts are collateralized by other securities or cash for the counterparty risk. and, third, what's important in cds, the way the cds market works is you have the gross amount and then you have the net amounts. the net amounts are calculated by institution by institution. if an instuns has sold $100 milli

mr. johnson. first, i think that we've seen continued increase in capabilities of the afghan security force. i got back the day before christmas there. i'm encouraged by the progress made by the afghan security forces. as you see us move forward we are putting them more and more in front. we'll continue to do that. as we learned in iraq it's important to do it slowly, do it right and

mr. johnson is described as an acquaintance of mr. harris. police will not say whether or not harass new newman before this -- whether or not harris did know newman before this. he pushed for housing reform and wanted a good funding for the rec center there. a second. arrest has been made. they are looking for more suspects. >> keep us posted on that story. we turn to the district where police are revealing new details surrounding a sexual assault inside an elementary school. the incident happened yesterday at ketchmam elementary. parents or even more upset when they found out their children were waiting outside of the school without supervision. >> what we have learned is it was around the time that school was letting out yesterday. a man came saying he was here to pick up his child. a school aid directed an 11- year-old girl to escort the man to the proper room. en route he pounced on her. she managed to get away and contact a faculty member. the man escaped. >> as:out this afternoon security was obvious and intent. some parents were asking

mr. johnson: in that case, i will waive the balance of my time. e speaker pro tempore: the gentleman from georgia yields back the balance of his time. the gentleman from texas. mr. smith: mr. speaker, i yield back the balance of my time as well. the speaker pro tempore: the question is will the house suspend the rules and concur in the senate amendment to h.r. 347. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative -- mr. smith: on that i request the yeas and nays. the speaker pro tempore: the yeas and nays are requested. all those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. a sufficient number having arisen, the yeas and nays are ordered. pursuant to clause 8 of rule 20 further proceedings on this question will be postponed. pursuant to clause 12-a of rule 1, the chair declares the house in recess until approximately 6:30 today. >> this is a solar panel with a little battery pack. this collects the power and you can charg

mr. jay johnson? >> mr. speaker, it's welcomed news that india came off the fence in support of the resolution marking an end to three decades of that country's ties with the assad family. but what extent did new delhi dilute the text so they make any mention of automatic measures in the event of noncompliance? >> like my honorable friend, i welcome the fact that india voted for this resolution. and it is true that several countries on the security council did want to see a resolution which didn't go beyond the draft resolution as put to the vote on saturday. certainly india is one of the countries that wouldn't have wanted a stronger resolution or the authorization of sanctions or other measures. but i stress there were prime negotiations and was always with russia. and the objections raised and amendments before it were from russia primarily rather than from india or south africa or pakistan. >> mr. speaker, i very much welcome the statement by the foreign secretary. the foreign secretary will know that th

mr. johnson, if i can begin with you, bernanke made it very clear that tax hikes now scheduled for 2013 could derail the economy, why doesn't there a conversation in washington to stop these tax hikes? >> there's not much of a conversation in washington about really our whole debt and deficit issue here at all. and we absolutely have to start having that conversation because larry, we have to grow our economy and the cbo came out with the same results when they issued the new baseline too. if we let the bush tax cuts expire, it will do harm to the economy growth. >> senator, i ask you the same question because the budget leak suggests that not only the bush tax hikes will stay in place but the president will layer on a millionaire tax, how does this grow the economy? >> i think that chairman bernanke was stronger. he is not a person -- he was talking today about shocks to our economic system and he compared it for example to what happened when there was efforts not to raise the debt ceiling and to me, if you do not deal with the payroll tax and again you have more uncertainty and the failure

mr. johnson is recognized for five minutes. >> thank you, mr. chairman. mr.fryt, how well -- how low would we have to get the rate before you guys could take over the postal service? [laughter] >> to i have to answer that question? you're doing a good -- i've got a place out in new mexico where you deliver to the door, the postal service doesn't even come. pic if you ever have a problem just give me a call, please. we will help. >> in your testimony you say the id of reform would lower the rate to at least 25%, including incentives for investments such as bonus depreciation. however, you also say you're willing to put all base abroad nurse on the table for significantly simpler and reform corporate tax code with materially lower tax rate. what rate would that be if you, if we were to give of all the other next? >> it really depends, mr. johnson but it depends on what's in the package, but given our competition overseas, we think he would have to be something close to the oecd right. if you get there, you know, presuming that doesn't continue to decline, i thi