but it is very clear that the choices that you diddnot have -- in your current role of the bank of n.y., of the treasury. you did not have the ability to pick and choose with the systemic crisis. i would take it a little further from there, though. and we leaaned as a panel, and it is reflected in our report on the day -- on aig, what a powerful force they exerted on the torrez is available during the crisis. in particular -- on theechoices available during the crisis. in particular, those tied to the regulated guaranteed %-bsidiaries of aig. that is, the insurance companies pupport were tied together by credit rating agencies and the firm. that seems to me a powerful argument that making sure in the future that those that have guarantees behind them are also tied up with risky lines of business. derivatives, proprietary funds, hedge funds and the like. does, -- the irst is the vocal world. the notion that we ought to say banking companies can outdo proprietary trading, cannot invest in hedge funds, -- cannot do proprietary trading, can on invest in hedge funds because there is a probl

jefferson, n.y., and our board -- democrat line. , on the democrats' line. caller: thank you for taking my call. all right, she might have spoke a little bit out of turn, but why is it any time anyone of voic concern about israel -- israel has done things, and we just sit back and we say nothing about it and we are always supportive of israel. sometimes israel is not always right. so, i don't think it is fair and i think that is a lot of the reasons why a lot o >> you can see "washington journal" every morning at 7:00 here on c-span. we switch now to the progressive meeting in washington. >> i direct the campaign for america's future. i welcome you to washington this has been a city of great heat and big storms recently. i am not talking about the weather. we need you to turn up the sheet a little bit more. [applause] -- weedy you to turn of the heat a little bit more. [applause] we will be 1000 strong in meetings this week. come from many states and progress of tribes of the progressive movement. we come together at a critical time. this is little more than

but it is very clear that the choices that you diddnot have -- in your current role of the bank of n.y., of the treasury. you did not have the ability to pick and choose with the systemic crisis. i would take it a little further from there, though. and we learned as a panel, and it is reflected in our report on the day -- on aig, what a powerful force they exerted on the torrez is available during the crisis. in particular -- on the choices available during the crisis. in particular, those tied to the regulated guaranteed subsidiaries of aig. that is, the insurance companies pupport were tied together by credit rating agencies and the firm. that seems to me a powerful argument that making sure in the future that those that have guarantees behind them are also tied up with risky lines of business. derivatives, proprietary funds, hedge funds and the like. does, -- the irst is the vocal world. the notion that we ought to say banking companies can outdo proprietary trading, cannot invest in hedge funds, -- cannot do proprietary trading, can on invest in hedge funds because there is a probl

but it is very clear that the%% choices that you diddnot have -% in your current role of the bank of n.y., of the treasury. you did not have the ability to pick and choose with the systemic crisis. i would take it a little further from there, though. and we learned as a panel, and it is reflected in our report on the day -- on aig, what a powerful force they exertd on the torrez is available during the crisis. in particular -- on the choices available during the crisis. in particular, those tied to the regulated guaranteed subsidiaries of aig. that is, the insurance companies pupport were tied together by credit rating agencies and the firm. that seems to me a powerful argument that making sure in the future that those that have guarantees behind them are also tied up with risky lines of business. derivatives, proprietary funds,- hedge funds and the like. does, -- the irst is the vocal world. the notion that we ought to say+ banking companies can outdo proprietary trading, cannot invest in hedge funds, -- cannot do proprietary trading, can on invest in hedge funds because there is a prob

what's your experience with the disagregation of the special needs children and n.y. schools? >> we are full inclusion and we serve special needs from moderate in severity to huge severity issues. we have a huge number of special needs kids. it's very difficult, but it's a must-have in those districts. and i think right now the students in lusd are being overidentified. what we've noticed taking over lock is that we probably easily, 40% to 50% of those students have been put in a too restrictive environment. and they're serving them in a more classroom integrated environment which will better serve those kids. you tend to see that a lot in those communities, particularly in latino males which is sad and takes away from the actual issue. it's poor classroom management as translated into a special ed rating. i think that's sad. >> it also happens in rural systems not to mention 70% of chamberlain was identified as special needs, is that correct? >> just going back to your first comment of flexibility. the rubber is going to hit the road for me. i just accepted a position that ha

westchester, n.y., and gill, republican line." -- republican line. caller: all of these democrats say they do not mind paying a little more tax on this and that. what i would like to see them do is add up all of these little taxes that they do not mind paying. when they get to the bottom line they will realize that half of their income is all taxes. that is all i wanted to say. host: ok. we will go to brooklyn, new york. cornelius, democratic line. caller: how come whenever anything happens they blame this president for it? host: how does that relate to the superfund tax. caller:uhhhh. host: alright, we will move on to michigan. willow, independent line. caller: i am calling because i think that the tax should be reinstated. but i think that it should be in a locked box. a fund like that seems to be taken over by interests and i think that there should be regulation on how much of it can be passed on to the people. people need to realize that if they use these products, but they need to be responsible for the taxes that are left behind. the best way

in syracuse, n.y., the say yes to education foundation is working with the entire community. they are working with the mayor's office, all the different parts of government to say, how do we remove obstacles for children who want to succeed? cannot lay it all on the shoulders of the people who work at the school. the partnership and collaboration is key. host: many school districts are making the decision because of state budget shortfalls with teachers and teacher layoffs. and there are discussions on capitol hill about a possible bailout package. guest: in the house, they are debating $23 billion for education. it is really about kids. it is about changing circumstances. without this bill, there are up to 300,000 layoffs, and that means crowded classrooms, elimination of summer school, a shortened school week in some districts. the consequences are very dire. this is a critical crisis for states. the majority of funding comes from state government. from state to state, state lawmakers are really impacting education. i believe it is helpful for the federal government to assi

but it is very clear that the choices that you diddnot have -- in your current role of the bank of n.y., of the treasury. you did not have the ability to pick and choose with the systemic crisis. i would take it a little further from there, though. and we learned as a panel, and it is reflected in our report on the day -- on aig, what a powerful force they exerted on the torrez is available during the crisis. in particular -- on the choices available during the crisis. in particular, those tied to the regulated guaranteed subsidiaries of aig. that is, the insurance companies pupport were tied together by credit rating agencies and the firm. that seems to me a powerful argument that making sure in the future that those that have guarantees behind them are also tied up with risky lines of business. derivatives, proprietary funds, hedge funds and the like. does, -- the irst is the vocal world. the notion that we ought to say banking companies can outdo proprietary trading, cannot invest in hedge funds, -- cannot do proprietary trading, can on invest in hedge funds because there is a probl

westchester, n.y., and gill, republican line." -- republican line. caller: all of these democrats say they do not mind paying a little more tax on this and that. what i would like to see them do is add up all of these little taxes that they do not mind paying. when they get to the bottom line they will realize that half of their income is all taxes. that is all i wanted to say. host: ok. we will go to brooklyn, new york. cornelius, democratic line. caller: how come whenever anything happens they blame this president for it? host: how does that relate to the superfund tax. caller:uhhhh. host: alright, we will move on to michigan. willow, independent line. caller: i am calling because i think that the tax should be reinstated. but i think that it should be in a locked box. a fund like that seems to be taken over by interests and i think that there should be regulation on how much of it can be passed on to the people. people need to realize that if they use these products, but they need to bee+ responsible fr the taxes that are left behind. the best way