department of agriculture's economic research service.e than half of snap recipients are children or elderly. 46% 18 yearsen, old to 59 years old. elderly receive 9%. james tweets in, can you be food insecure and obese? guest: i will jump right in. yes. can be going on here, mark mentioned the types of food. we know that-- healthy foods are expensive to purchase. you can be food insecure where your consumption early in the month when you get your snap benefits, you do not feel insecure, as the money dwindles, you are food insecure. people are that making, particularly with the fact that some of the lower quality foods are less healthy, can result in people being obese. host: let's take some calls for mark nord with the usda's economic research service. he is a sociologist and the food assistance branch. is a seniorcliffe fellow at the urban institute. both monitor food insecurity, hunger in the u.s. rich from massachusetts. go ahead. caller: good morning. i am calling about -- this is my first time accepting food stamps. i got laid off of

aid isn't going to these types of causes at all aggression research service recently released a report for the top ten recent the ends of u.s. foreign aid and what we see is that all ten countries have ties to torture programs and half of them every admitted to engage in torture on a wide scale moreover support for these governments could be in violation of u.s. law so help me go over just the top five about less than one. means for u.s. and international law i'm joined by b.t.s. producer emmanuel what's going on now and so before we get into this i do have to read the u.s. code of law twenty two u.s. code true fifteen one and human rights in development assistance a no assistance may be pervaded to the government of any country which engages in a consistent pattern of gross violations of internationally recognized human rights including torture or cruel inhuman or degrading treatment or punishment many consider how this law is on the books i do find it really shocking how the top ten recipients of u.s. foreign aid are human rights abusers and torturers yeah i mean the congressional re

the other 27% was "research services to be delivered." 827% discount off the retail price and the companyeive some kind of vague research service that they counted as revenue. >> how much do the printers cost? >> it looks like they cost about $341,000. this is not a big business. especially if you have to loan your customers money to buy this stuff. >> who are the main customers? >> they are talking about automotive companies. that raises another question. their cost of capital will be higher than it would be for a volkswagen or ford. yet if they have to loan a volkswagen and ford or these customers money to make the purchases, it says to me that this is a business in a very highly specialized business. it is for printing $100,000 dresses. >> not dresses for emily chang. >> i think you deserve a $100,000 dress. [laughter] >> i know that you will keep on this. thanks so much for giving us the detail. coming up, panoramic photos can be beautiful. but they can also be a lot of work to get right. we will take a look at cycloramic, an app that takes hands-free panoramic photos on your phone. ♪

a congressional research service admits that it's too many to count. interpreter to know all of that's criminalized. and how then is the citizen to keep from making honest mistakes organuling in conduct that he had no reason to know what's illegal? interpreter congress has aimed at shrinking the criminal code. some say that it's not too many rules, but the ability to enforce too many on the books. so can having too many laws handicap the system and even make ordinary citizens criminals? molly gills works to promote citizenses that fit the crime and offender. congresswoman, karen bass, working on the task force looking into reforms on the criminal justice system. and rosko howard, former attorney for the district of columbia. and molly, are there too many laws on the books? interpreter the judicial committee passed forward a bill that included a requirement that the department of justice and federal agencies compile all of the crimes on books and in the regulation and put them in one place, publicly available on their website interpreter so they're not

the analysts belong to the congressional research service. they included their views in a report on relations between the united states and japan. it says that u.s. and japanese officials have strengthened the defense cooperation and it adds that japan's participation in the transpacific partnership free trade talks could enhance their credibility. the report calls japan a significant partner for the united states. but the analysts describe relations between japan and south korea as poor and they say u.s. officials are growing increasingly concerned. they say tension between the american allies is hindering policy coordination over two other asian nations, north korea and china. the report discusses a visit by japanese prime minister shinzo abe to yasukuni shrine in december. it says the visit contributed to the deterioration of ties with south korea. the shrine honors japan's war dead. those remembered include leaders convicted of war crimes after world war ii. the report says abe went to the shrine ignoring the advice of u.s. officials. it

host: caroline ratcliffe with the urban institute, mark nord economiche usda's research service. thank you both for being on the "washington journal." forttle left in our program this morning, we want to return to where we started. the fact that the republicans recently met to discuss their strategy. the democrats are meeting this week to discuss their strategy. the president speaking live in about an hour. the president declared 2014 a year of action. we want to hear your views. what do you think, what do you want from washington? is washington to bake, is washington not doing enough? -- is washington too big? think about where you see washington and your life. dial in on one of those numbers or sunday tweet, @cspanwj. we will begin taking those calls in just a minute. ♪ >> watch our program on michelle obama saturday at 7:00 p.m. eastern on c-span/ monday night, we conclude our series with a special program from marshall washington to michelle obama. >> she brings financial resources, makes a mount vernon a successful operation, makes it possible for washington to be away for 8

it is using our resources at ars, which is our internal research service, in partnership. will allow us to fund additional research, allow us to go deeper. land-grant universities are often pooled based on the level of expertise. they may be a land grant university in california but scott specialty crop understand but you also have dairy, livestock interest in california. this regional hub in oregon working with the davis county, california, operation will basically focus on the entire range. and oftentimes forestry is not considered and lest you have a significant number of financial force or -- but you virtually have force in every state and jeff private forces that need to be maintained. so this is really not duplicative. this is really focusing. it's very consistent with the presidents instruction, which is we've got to make this country more resilient. we have to make it be able to adapt and medicate because if we don't, our economy will be impacted. those 69 people found depending on agriculture and forestry, they want to make sure that they continue to have a job be

research service.students, would you please stand? they are right back here. give them a hand. [applause] >> i had a chance to meet with the students this week and i can tell you that are so bright and i ask questions. good to see all of you. i also want to thank ffa leadership and the agribusiness study group on national defense university who have joined us this morning. and the u.s. farmers and ranchers allies for hosting a live stream through dialogue discussion you are invited to attend on nutrition, who is shaping america's eating habits. were also honored the u.s. trade rep mike foreman will be our dinner speaker this evening. as you can see we have a very ambitious today's lined up that will -- at the same time we will remain true to the forum's central core, the outlook of agricultural economy and trade. chief economist joe glauber is our first speaker with the economic outlook for agriculture for 2014. his remarks follow the strongest five year period in our nation's history of agricultural e

to a smooth start this year of blogging the most global orders in january when the sparks and research services said friday that korean shipbuilder has won orders totaling nearly one point seven million compensated cross times last month. he'd jump of more than one hundred fifteen percent from the same period last year the figure represents more than forty five percent of the total global shipbuilding market. a tiny set builders won the second highest volume of orders of one point two million cgt scored thirty four percent of global total. the pickup is attributed to korean shipbuilding companies wedding more contracts for a larger more expensive ships such as container vessels and a lindsay field trips. we have about three hours to go until the olympic torch is lit in the main stadium in the russian resort city of sochi and for more on what we can expect from the biggest ever winner gains we have our olympics correspondence and his son joining us in the studio. well that he gave me the keys on the competition may have already started at the sochi games but was still really get started and told

department of agriculture's economic research service.more than half of snap recipients are children or elderly. 46% 18 yearsen, old to 59 years old. elderly receive 9%. james tweets in, can you be food insecure and obese? guest: i will jump right in. yes. can be going on here, mark mentioned the types of food. we know that-- healthy foods are expensive to purchase. you can be food insecure where your consumption early in the month when you get your snap benefits, you do not feel insecure, as the money dwindles, you are food insecure. people are that making, particularly with the fact that some of the lower quality foods are less healthy, can result in people being obese. host: let's take some calls for mark nord with the usda's economic research service. he is a sociologist and the food assistance branch. is a seniorcliffe fellow at the urban institute. both monitor food insecurity, hunger in the u.s. rich from massachusetts. go ahead. caller: good morning. i am calling about -- this is my first time accepting food stamps. i got laid off

from the department of homeland security but is able to get the figures from the congressional research service though they are i think a year old. 14% of those individuals who have been charged and released, were charged with dui, 10% drug violations, 7%, thousands of people, charged with murder, assault, rape and kidnapping were released back into our communities. why? >> what i'm committed to do is removing those who represent national security, public safety and border security threats. i believe that that requires a constant reevaluation of our process, what we're doing, who are removing and i'm committed to -- >> shouldn't individuals that are country illegally have been charged with these kinds of crimes, shouldn't it be a priority to be removed? why would we release them back to our streets and communities speak with those represent public safety threats, who are in this country illegally fit within our removal priorities. >> do nothing to represent a public threat, the individuals have been charged with those crimes? >> as i said, i think we should continually reevaluate what we are do

programs for land grant universities, national institutes of food and health and agricultural research service. this farm bill makes the first reforms to the food stamp program since the welfare reforms of 1996, while maintaining critical food assistance to families in need. it closes the heat and eat loophole that increases benefit levels with states provide nominal liheap assistance. the bill also includes the forest fairness products act, a bill i introduced which would open new market opportunities for forest products by allowing em to qualify for the u.s. department of agriculture. it contains langed certifying the authority to exclude noncontroversial day-to-day activities of the national environmental policy act or nepa assessments and provides that nty by collar filing forest roads will not be treated as a point source of pollution under the clean water act and there will no longer be subject to frivolous lawsuits. it improves the conservation title flew the consolidation of 23 duplicative programs. overall, the package reduces deficits by $16.6 billion over 10 years. mr. speaker, for

. >> lorin blanchard with the research service. interested on the volesky god and remediation going forward. ambassador bruce can imagine how critical the end to the process be far and timeliness in pressure they were very instrumental. going forward on an inclusive dialogue, the role they play in the cpa talks that was inclusive rather than inclusive process. i guess there's some questions about the will of uganda and its military operations in south sudan right now on behalf of the south sudan government, here is obviously a sitting head of state and head of state of the administration. ethiopia, uganda, these are one-party states. so in the interest of expanding the dialogue yawned the splm, are they necessarily the most superb riptide is to lead the effort going forward? >> okay, thank you. if you could remember to turn off your microphone when you're done. we will take one more question. ambassador bellamy, please. >> hi, mark l. at may, former director of the advocacy center. my question is sort of parallel to warrants. this

lauren -- [inaudible] with the congressional research service.nterested in the panelists' thoughts on the role of igad and the mediation going forward. ambassador booth, you mentioned how critical they've been to the process so far and, obviously, in terms of timeliness and pressure, they were very instrumental. but going forward in terms of focusing on an inclusive political dialogue, the role that hay played in the cpa talks, that was an exclusive rather than inclusive process. and i guess, you know, there are some questions about the role of uganda and its military operations in south sudan right now on behalf of the south sudan government. kiir is, obviously, a sitting head of state and head of state of the igad administration. ethiopia, you began da -- uganda, these are one-party states. so in the interest of expanding the dialogue beyond the splm, are they necessarily the most appropriate body to lead the effort going forward? >> okay. thank you. and if you could remember to turn off your microphone when you're done, we won't pick up the ba

however, the congressional research service identified multiple areas of potential overlap and duplication between the bill as it was introduced in the current statutory requirements. for example, the bill, as introduced, would have required each agency to report information on improper payments. but the improper payments information act already requires agencies to report information on improper payments. the current bill, as amended, eliminates much of that duplication. this is a much better bill, and i applaud the majority for their work on it. there's one provision in the taxpayers right-to-know act that i want to note because i think if will be a real improvement with regard to transparency. the bill would require agencies to report the number of full-time positions that are paid in full or in part through a grant or a contract. we do not currently know how many employees are working for the federal government through contracts. this bill would require agencies to disclose this information on an annual basis. this bill also includes an amendment that was offered by representative spei

or education system so because there's no way to do modern business in particular financial services. research for years and there's no way to run this out wages and cooks from other countries switzerland is doing this for tools four in ten companies in switzerland including nestle are founded by foreigners last year they created around thirty thousand new jobs politics or between at that no they are against the foibles because they need them i mean we are not stealing their jobs we are just taking the job they don't want to do so that's why i figured so this so this. i don't understand how this sunday's vote is likely to strain ties with brussels but the fear is that it could have more economic consequences than the country bargained for reporting for r.t.e. in switzerland and lucy catherine of. the latest ad with snowden leaks how u.k. intelligence will stop at nothing when trying to get the information they perforce accuse a british intelligence agency of using sex to assign batons and propaganda to get to that time get the full story on aussie dot com also the mars rover curiosity captures

the congressional research service, bound between 2010 and 2012, nine independent agentcies issued 57rules, those are rules with a cost to the economy of over $100 million. 78 but none of those agencies monetized both cost and benefits in estimating the impacts of the rules. h.r. 899 codifies the principles of regulation in executive order 12866, issued by president clinton, and reaffirmed in executive order 13563, issued by president obama. it would also codify executive order 12866 requirement that agencies conduct a cost benefit analysis. h.r. 899 requires agencies to consult with the private sector prior toe promising a major rule. currently this requirement only applies to state, local, and tribal governments. in light of president obama's emphasis on early stakeholder input on the development of federal regulations, there is no reason to exclude private sector stakeholders from early consultation in this requirement. h.r. 899 allows the chairman or ranking member of any congressional committee to request that an agency conduct a retrospective analysis of an existing federal regu

because there's no way to do modern business in particular financial services for. research for years and there's no way to run this out waiters and cooks from other countries switzerland is hardly doing this for tools four in ten companies in switzerland including nestle are founded by foreigners last year they created around thirty thousand new jobs forty to be three at that no they are against the four years because they need them i mean we are not stealing the jobs we are just taking the job they don't want to do so that's why i figured so this so this. i don't understand it honestly sunday's vote is likely to strain ties with brussels but the fear is that it could have more economic consequences than the country bargained for reporting for r.t.e. in switzerland and lucy catherine of. the quick look now at some other global news and bring you the aid convoys are about to enter the long besieged syrian city of homs on the second day of a cease fire on friday buses loaded with women and children ferried at least eighty three people from the area after an uneasy truce betwe

research paths one could follow one was neuroscience, either in the lab or what now we know as pet imaging, you know, functional imaging of the brain, but pretty strict neuroscience. or what's called services research, something that is not really that patient near, where you look at the best ways to provide services to patients, basically and in hospital settings and clinic settings. and that seemed too sterile to me, even though it's very important work. so what i was really interested in was descriptive psychiatry or phenomenology, and in schizophrenia, a lot of that had been done in the late 1800s. so there wasn't that much opportunity. so right around that time, the early--the mid-80s, crack had come on the scene, and it was assumed that crack would induce the same sort of mental status changes in addicts and drug users that methamphetamine did, you know, speed kills, speed freaks, back from the '50s and '60s. and so it was assumed that we would see a lot of cocaine-induced psychosis, and i thought, 'well, that's an interesting way to study thought disorder,' which was the essence of schizophrenia that i was interested in. i'll do it by studying drug addicts. and it turned--and i did.

according to data from the congressional research service, there were only seven times during the first session of this current congress that the senate started to consider a bill for a day or more before cloture was filed. that was out of 34 cloture motions related to the legislative business. the number of the same day cloture filings has more than doubled compared to when republicans last controlled the senate. moreover, the total number of cloture motions filed each session of congress under this majority leadership has roughly doubled compared to the period from 1991 to the year 2006 under majority leaders of both political parties. before that period of time, meaning before 1991, cloture was even more rare. this is a sign that cloture is being overused. even abused by the majority. still if this alarming rise in cloture motions was a legitimate response to a minority of senators insisting on extended debate to delay proceedings beyond what's necessary for reasonable deliberation otherwise known as a filibuster, then, of course, it would be very justified. that's clearly not the ca

i'm joined by head of health care services and technology research team at isi.hank you for coming on to bottom line. mentioned thest ceo and said that he said the following, we have come to the conclusion that cigarettes have nothing to do with health where --. are you surprised at this move? >> i think in general, this is been a multiyear process. they have talked about this before in a public setting. ultimately, they came to the conclusion that this was the time where they -- this is a real health care company, one of the largest in the u.s. and they want to play a greater role as a pharmacy for consumers. cigarettes are not a part of that. moving away from that tough short-term decision, in the long term, it is right for the company. >> what about investors? do they agree? during showed the chart his hit, stock is down a little bit today. >> i think in general, you have a company that is very much thinking about their long-term vision. one of the things that is always interesting if they did not change their five-year fourth -- forecast. this is something th

from chicago, morning star equity research, where he focuses on the healthcare services industry. and the president and ceo of the robert wood johnson foundation, joins us here in washington. dr. schroeder, is this a symbolic move or one that results in the end of the process with fewer people smoking cigarettes and. >> it's clearly an important symbol. but my hope as said by dr. winder, is that it will cause some people who thought about quitting to quit now, and the fact that you're not going to see as many advertisements in the cvs stores, may stop young people from starting smoking. >> you've done actual research on this and written a paper on it. and what did you find? was there an effect from geographical proximity to whether or not you pick up a pack of buds or not? >> . >> we found in 1976, was that pharmacists really chafe from selling healthcare products and selling cigarettes. we found that independent stores mainly did not, and the chain pharmacies d since that time, the independence started vanishing, and almost all pharmacies are run by chains, and this is critical.

i'll be hosting hearing to drill down on service and solution frz homeless population, seniors and veterans and the [inaudible] and youth. research and data suggests housing optionerize sth most cost effective [inaudible] incarceration rates and emergency service. many studies compare the cost of the housing program [inaudible] public cost savings associated with the [inaudible] i do believer as most people [inaudible] the best way to help individualicize to provide housing. this hearing will help have a [inaudible] focusing on different options available and proven successful and cost effective. in tirms of the housing ladder due to [inaudible] the cost of construction och new housing, i want to explore the housing ladder and how to turn it into realty. it advocates [inaudible] more individual squz more areas. if homeless are becoming self sustaining we need to keep them in place so help find long term options to keep them housed and out of the cycle of homelessness. look forward to working with the mayor office and housing authority and [inaudible] turn into realty. in term ozf the subpopulations, i want to focus on being a pla

the suggestion's been made in some sectors that we should thrive with service and high-skilled research and development, financial services but not manufacturing. nothing could be further from the truth. in my view, only if we continue to be a country where we invent things, grow things and make things will we continue to be a leading economy where there's real opportunity for all americans. why? because manufacturing jobs are high-quality jobs, both for those who work in them, who get higher wages and higher benefits, but for the local economy, where manufacturing jobs provide more of a compounding benefit than any other sector. some suggest that we just can't compete because our labor standards, our environmental protections, our wages are too high. but look to germany and europe and you can see this just isn't true. they have higher labor standards, they have higher environmental protections than we do and yet more than double the percentage of their economy, percentage of their g.d.p. is manufacturing because their government, their education sector, their private sector work in clo

i've brought some material that have been prepared by the congressional research service, with materials that are provided by the office of management and budget. mr. barton: they show in the fiscal year that we're now engaged, mandatory spending is 62% of the total budget and interest on the debt is over 6%. those two combined are 2/3 of all total spending. is mandatory and interest on the debt. it's not going to get any easier, mr. speaker, to solve this problem by passing so-called clean debt ceilings that don't address the underlying problem. and i understand the problems governing on the majority side and i understand the issues with the presidency and the senate being controlled by the democrats. i understand that. but i couldn't walk into a bank in texas today and say, i owe you $300,000 right now, but i want to borrow another $200,000 . they would want to know what plan i had to repay the money i'd already borrowed and they would want to know how giving me another $200,000 would actually be the appropriate thing to do. what we're doing on the underlying bill, mr. speaker, with th

according to a security researcher, the stolen data came from computers at white lodging services -- the if indiana-based company runs franchised hotels in the u-s for hilton, marriott, sheraton and westin hotels. all told 168 hotels were affected. fraudulent purchases were made at the hotel's gift shops and restaurnats. white lodge is investigating.. the rough winter weather is tough on traveler's wallets. an airline operations group "mas- flight" tallied the economic effect of 49,000 cancelled flights in jaunary. passengers spent $2.5 billion in lost productivity and expenses. airlines lost between $75 and 150 million. and there's more.. in the first 3 quarters of 2013-- airlines made $2.6 billion from baggage fees and an additional $2.1 billion from reservation changing change fees according to usa today. the paper also reports-- "new" ticket change fees or overwieght bags will cost $400. a spokeperson for the airline industry says customers have a "choice" over what they purchase. united airlines plans to drop cleveland, ohio as one of its hubs. the cost-cutting move will mean th

[applause] >> our two panel members, research fellow at financial services and director of financialulations studies. and if i could start with you, a year ago, the heritage foundation spent significant time came out with four studies looking at the impacts of shutting down these g.s.e.'s, can you talk about that and what it would do to our economy? >> we relaunched one of those papers. but basically, what you see is that the interest rate subsidy which has been going mostly to the g.s.e.'s and not to individuals who buy homes or mortgages, is rather small. and if we get rid of it, we predicted a relatively small impact on the economy in general and naturally, we are actually predicting a lower cost of home ownership. we have less debt, which is in many cases a good thing. a slightly lower monthlydown payment. slightly lower home prices in response to the interest rate. and incidentally, that is why the realtors are against these reforms because they don't want housing prices to drop. that's the quick version. of course, there's more in the paper. >> we do have it outside. >> going f

services committee. he holds a phd from george mason. before joining aei she was the director of research for the financial services round table and did a tour of duty on the hill on the other side of the capitol. last but not least, dr. codonal kohn has previously served as the vice chair as the fed's board of governor's from 2006 to 2010. we are beginning to wonder if all former chairman and vice-chairman of the fed end up at brookings. without objection each of your written state manies will be made part of the record after your oral remarks. each of you have testified before us and are familiar with the process. you know about the green and yellow lighting system. dr. taylor you are now recognized. >> thank you mr. chairman, thank you for inviting me to this hearing. i would like to use my opening remarks to refer back to my set of questions that have to do with the policy rules and formulating of monetary policy. it seems to me that the case could be made that monetary policy could be far better had it's been made on a set of policy rules. if policy moved in that direction we more qu

research has shown to cause extensive people choose a product or service based on quality innovative approach in efficiency of the company. he did not take into account the consideration of the corporate citizenship and social responsibility of the company. social responsibility of business is as important as innovations in corporate policy for consumers in developed countries. his company lenovo bicycle was more the role of mobility division from noble will receive more than ten thousand device happens to be over mountains about three billion dollars acquisition of motor world will open and us mobile phone market to buy mobile points and son currently the u s mobile device market. the red eye eye. and . the according to scientists at least three historically folks on the note is that the child takes on a draw conclusions in these those situations hundred and seventy km away from comedy. the average age of the ancient images is the inhofe thousand units but a citizen called deputy director on science and by the state historical cultural and natural is the news that explains. many men

service the government did not press charges because the documents were in fact . he was arrested in two thousand and eleven. the downloading academic articles from the subscription based research website at his university. with the intends to make them available to the although none of which you don't know it was classified prosecutors wanted to put in jail for thirty five years when his car. all of his wealth beyond. he recognized his parents really have to mortgage their house so he could afford a lawyer to fight the government had treated him as if you are nine eleven terrorists as if it isn't like he was doing was threatening the infrastructure the united states when he saw that he recognized how. how incredibly difficult if i was going to be of course he was depressed at the age of twenty six in the sport's two keys on my. this was somebody who was pushed to the edge by what i think of as a kind of bullying by our government most of all months after aaron's dad analysts note include the whistle on the government's widespread snow king showing that while the government wants everyone to be open and transparent single women closely to

counterparts parts on several measures of job performance researchers said the two fundamental jobs of congressional representatives are constituency service that includes bringing home federal projects as well as other direct work with constituents and legislating which means writing bills and shepherding them in through the law making process evidence shows that the women on congress outperform men on both levels so finding diplomatic solutions to problems to making government more inclusive and transparent it's clear that women can be as good as if not better than political leaders than men so i think it's possible the bill was just you know trying to set that up and. shouting out to women but if not that's why bill o'reilly has been politically correct. it's thursday let's get geeky on our pampered pooch is it our feline friends first if you have a cat you probably noticed how that furry feline can do some pretty crazy things especially at night and sometimes it looks like they're staring at things that aren't there well according to new research they might be seeing things that are there but that you can't see a new study suggests tha

service in light of the whatsapp acquisition. cory johnson is hereto well. one of their biggest assets. >> i was surprised when i started to do more research on whatsapp. m ist of people said bb dominant. u.s., butnot in the wherea strong service people want that business. it is an asset to blackberry. >> in general messaging is such a basic need, it's was interesting talking to allison rosenthal the acid -- allison rosenthal. in users.aw a spike people want it when they want it. >> what is going to happen, we are going to move away from the carriers for texting, whatever you want to collect, to other applications, over the top. it is very interesting but it does not mean the dollars are going to transfer. one study said $35 billion worth of text messages did not happen. that does not mean it is spent over the top. it went away from the carrier. be value may already intermediated by things like whatsapp. in the enterprise. >> blackberry also unveiled new phones they will be releasing later this year. john chen is ringing the keyboard back. >> we have heard this before. >> i want to get to that. take a listen to the sit down. people care about security,

services committee. dr. calabria holds a ph.d in economics from george mason. after mccloskey is the program director of economic policy at the american enterprise institute before joining aei she was director of research for the financial services roundtable. she did a tour of duty on the hill, regrettably yet again, on the other side of the capital. she received her bachelor's degree from wheaton college at last but not least, dr. donald kohn is a senior fellow and economic studies at the brookings institution. dr. kohn also serves on the advisory committee of the office of financial research, he bravely served as the vice chair of the fed board of governors from 2006-2010, and we're beginning to wonder if all former chairman and vice chairman of the fed end up at brookings. dr. koh held a ph.d in economics from the university of michigan. without objection each of their written statements will be made part of the record after your oral remarks. each of you believe has testified before. you are familiar with our system. please bring the microphones close to you and you know about the green, yellow, red lighting system. i would ask each of you to observe the five minute rule. dr. taylor, you are now r

service in light of the whatsapp acquisition. >> i was really surprised when i started doing more research on whatsapp. a lot of studies said that bbm is dominant. it would be typically places outside the u.s. it is a strong service. it is clearly an asset of blackberry. >> messaging is a basic sort of need. there is a competing messaging service called message me. they said they saw a spike in users means that people. survey one it when they wanted >> i think will happen whatever you want to call it, two other applications, it is interesting. it does not mean the dollars will transfer. that doesn't mean $35 billion was spent over the top. it doesn't mean it went away from the carrier. we will talk about the way people are using messaging in the enterprise as well as individuals. >> blackberry also unveiled two new phones. one has the keyboard. the other is a touchscreen phone. take a listen. >> i think a lot of people might care less about security, but they really care about the data privacy and personal privacy. that point has not really been made well enough in the market. when i speak to people abo

services. that was alex daly senior editor at casey research time now for today's big deal. hello again in today's big deal edward harrison and myself we're going to discuss india's economy is talking about saying now india is one of the emerging market economies which morgan stanley dubbed last year part of the fragile five now india along with indonesia turkey brazil and south africa these five countries are heavily reliant on foreign capital making them susceptible to reversals in capital flows now this vulnerability came to a head just last june after u.s. fed chairman ben bernanke he said the fed would soon be poised to taper its large scale asset purchase program and india was hit hard and what happened exactly break this down for us i know you know geo international economy and politics give it to me well in this case the economic problems they predated tapering and. then inflation eleven percent record current account deficit fiscal deficit those expect to be five percent five point two percent growth slowing to its worst in a decade and slower consumer demand you ca

services. other researchers. other means. he was willing to try to help people understand. i have known jamie for more than 15 years. as dr. hood said, he was very sincere. to him, that commandment was just like the ten commandments just like the bible says believers should tithe. give 10% of their income. anything that was a direct, clear command in the bible, they believe you should follow that. this is just one of them. >> ralph and bill, thank you so much for speaking with us. ralph, you are going to the service tonight. maybe you can join us in the morning and tell us how the first service went after pastor jamie died and his son now at the pulpit. hopefully we will see you in the morning. >> it remains to be seen what his son will do. they believe in handling serpents, but not necessarily to demonstrate to the outside world that they can do it. it will be dependent upon what happens at the service tonight. that is in question. >> ralph and bill, thank you so much for helping us understand this. >> thank you

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on the other hand, we had the ism service report coming in com better than estimated. genetics research after the purchasing of crescendo bioscience. this is subject to regulatory approval and set to close bye by july. the company reported second-ond- quarter earnings that the analyst estimates and raised their forecast. we will have more on the markets in 30 minutes. ♪ >> this is "lunch money," on bloomberg television. we are also streaming live on your tablet and your smart phone. i am adam johnson. moving pictures, the video is the story. the schools are closed, planes are grounded in the northeast. a second storm in as many days slams into the region. guess what? there is more to come this weekend. another storm is forecast for sunday. ireland?el heavy ra is the proble is th the river lee, large portions have overflowed as it werf into stores. look at that, shop owners and residents are bracing forac another storm this week. the bassist for the red hot chili peppers admits that their instruments were not plugged in during the halftime appearance.e thnfl was reportednf worried about

which is the secretive research unit of the tech giant so the coast guard and the park service have boarded the barge but when asked. about what's on there they're staying quiet saying that they can't reveal what's on there so this has really led to more mystery and more speculation theories abound about what's going on up there some people the reason people think that it's a data centers because google got a patent for that a few years ago some people think that it might be a floating island that google is going to be using to avoid taxes or just to keep their servers away from the prying government eyes so still a lot of speculation and google continues to get a lot of publicity because they have kept it pretty mysterious and we also have to remember that they're building a similar barge on the east coast over in portland maine people do love speculating its fine will google never did officially finish the project and now that's come to a halt because the san francisco bay conservation and development commission has asked the company to move it do we have any idea where it could move to y