acc versus sec basketball. virginia with an 8-point lead. >> daymeon: and seeing a guy who i think, you know, still has an incredible up side, has so much. all of the good shot bl

sec. 10312. certain payment rules for long-term care hospital services and moratorium on the establishment of certain hospitals and facilities. (a) certain payment rules.-section 114(c) of the medicare, medicaid, and schip extension act of 2007 (42 u.s.c. 1395ww note), as amended by section 4302(a) of the american recovery and reinvestment act (public law 111-5) and section 3106(a) of this act, is further amended by striking "4-year period" each place it appears and inserting "5-year period". (b) moratorium.-section 114(d) of such act (42 u.s.c. 1395ww note), as amended by section 3106(b) of this act, in the matter preceding subparagraph (a), is amended by striking "4-year period" and inserting "5-year period". sec. 10313. revisions to the extension for the rural community hospital demonstration program. (a) in general.-subsection (g) of section 410a of the medicare prescription drug, improvement, and modernization act of 2003 (public law 108-173; 117 stat. 2272), as added by section 3123(a) of t

the sec a tsunami that hit my clients was the announcement by sipc, with the blessing of the sec, that the statute that this committee played a key role in drafting in 1970, that statute does not mean what it says. my clients relied upon the promise of sipc insurance. as required by the securities investor protection act, they invested in madoff, knowing that the first $500,000 in their accounts was insured by sipc. they invested in madoff, knowing that congress mandated that upon the liquidation of a broker, sipc must promptly pay up to $500,000 by replacing securities in a customer's account. the statute mandates how customers claim is to be determined. net equity is clearly spelled out in the statute. it is clearly spelled out on sipc's web site. even today. and yet sipc has decided that it does not in short the first $500,000 in the accounts. if only ensures the net investment, going through generations of investors, because a lot of my clients are people whose grandparents invested in madoff. what sipc is doing is going back three generations to and neck out investments, and they

and the specific failure to detect -- or the sec spell your, i should say, to detect the -- the sec's failure, i should say, to detect this fraud is well documented. this could happen in the future. and as fortunately -- and unfortunately, as prof. coffee has indicated, it could be worse. i am committed to exploring other ways to explore the efforts of that agency. i may welcome any insight you will have on this in regards to the hearing today. one thing i think we should not be doing as far as the solution to the problem is saying if we can throw more money at the sec and not asking for any more results from them. unfortunately, as you all know, as part of the investor protection act approved by this committee, part of the package of bills that will be going to the house for this week, there is an authorization for the sec to be doubled with no strings attached basically on where the money goes. my colleague offered an amendment that i co-sponsor to scale back increases for the sec and what of tied increase is going to the sec to -- for them to half of the recommendations made by the

sec. 10402. amendments to subtitle b. (a) section 399z-1(a)(1(a) of the public health service act, as added by section 4101(b) of this act, is amended by inserting "and vision" after "oral". (b) section 1861(hhh)(4)(g) of the social security act, as added by section 4103(b), is amended to read as follows: "(g) a beneficiary shall be eligible to receive only an initial preventive physical examination (as defined under subsection (ww)(1)) during the 12-month period after the date that the beneficiary's coverage begins under part b and shall be eligible to receive personalized prevention plan services under this subsection each year thereafter provided that the beneficiary has not received either an initial preventive physical examination or personalized prevention plan services within the preceding 12-month period.". sec. 10403. amendments to subtitle c. section 4201 of this act is amended- (1) in subsection (a), by adding before the period the following: ", with not less than 20 percent of such grants being awarded to rura

sec. 10605. certain other providers permitted to conduct face to face encounter for home health services. (a) part a. section 1814(a)(2)(c) of the social security act (42 u.s.c. 1395f(a)(2)(c)), as amended by section 6407(a)(1), is amended by inserting ", or a nurse practitioner or clinical nurse specialist (as those terms are defined in section 1861(aa)(5)) who is working in collaboration with the physician in accordance with state law, or a certified nurse-midwife (as defined in section 1861(gg)) as authorized by state law, or a physician assistant (as defined in section 1861(aa)(5)) under the supervision of the physician," after "himself or herself". (b) part b. section 1835(a)(2)(a)(iv) of the social security act, as added by section 6407(a)(2), is amended by inserting ", or a nurse practitioner or clinical nurse specialist (as those terms are defined in section 1861(aa)(5)) who is working in collaboration with the physician in accordance with state law, or a certified nurse-midwife (as defin

to look to the sec, you are relying on the sec to do their job.when you look to [unintelligible] after the fact, you should be able to look to sica to do their job. they are quite government entities. there is a bill on the floor this week which is in essence what occurred here. it creates a moral hazard by relying on the government. the government says they will protect you with the sec. you have a right to rely on them. we told you you can rely on it. you should. we said you can rely on it. you did. have you never said those things, he may have made other investments. because we set those entities of, and now we have created a different investment strategy or decision. in the bill we will be voting on, it expands those involvements or activities by the government. in the future comic you may be more reliant on the government. fourth and nothing that is a good thing. one of the comments was in regard to callbacks. everyone except fomr. believes d not have calawbacks? one of the testimonies entered into record said any clawbacks should begin with

sec. 10413. young women's breast health awareness and support of young women diagnosed with breast cancer. (a) short title. this section may be cited as the "young women's breast health education and awareness requires learning young act of 2009" or the "early act". (b) amendment. title iii of the public health service act (42 u.s.c. 241 et seq.), as amended by this act, is further amended by adding at the end the following: "part v-programs relating to breast health and cancer "sec. 399nn. young women's breast health awareness and support of young women diagnosed with breast cancer. "(a) public education campaign. "(1) in general. the secretary, acting through the director of the centers for disease control and prevention, shall conduct a national evidence-based education campaign to increase awareness of young women's knowledge regarding- "(a) breast health in young women of all racial, ethnic, and cultural backgrounds; "(b) breast awareness and good breast health habits; "(c) the occurrence of

sec. 1603.prohibition of employee benefits duplicative of benefits under state health security programs; coordination in case of workers' compensation. (a) in general.-part 5 of subtitle b of title i of the employee retirement income security act of 1974 is amended by adding at the end the following new section: "prohibition of employee benefits duplicative of state health security program benefits; coordination in case of workers' compensation "sec. 519. (a) subject to subsection (b), no employee benefit plan may provide benefits which duplicate payment for any items or services for which payment may be made under a state health security program established pursuant to section 1001(b) of the american health security act of 2009. "(b) (1) each workers compensation carrier that is liable for payment for workers compensation services furnished in a state shall reimburse the state health security plan for the state in which the services are furnished for the cost of such services. "(2) in this subs

sec. 10330. modernizing computer and data systems of the centers for medicare & medicaid services to support improvements in care delivery. (a) in general.-the secretary of health and human services (in this section referred to as the "secretary") shall develop a plan (and detailed budget for the resources needed to implement such plan) to modernize the computer and data systems of the centers for medicare & medicaid services (in this section referred to as "cms"). (b) considerations.-in developing the plan, the secretary shall consider how such modernized computer system could- (1) in accordance with the regulations promulgated under section 264(c) of the health insurance portability and accountability act of 1996, make available data in a reliable and timely manner to providers of services and suppliers to support their efforts to better manage and coordinate care furnished to beneficiaries of cms programs; and (2) support consistent evaluations of payment and delivery system reforms under cms

that is the sec. the fact of the matter is, even if people are defrauded into believing that they have coverage, that does not make it so. >> no, that is true, but i don't recall -- sometimes we miss all the mail that comes into the committee or in to our various subcommittees, but i don't recall any letters from your organization indicating that you needed additional authorities, thought there were loopholes in the law, that there were failures in the system, in all the 25 years that i am sitting here. did i miss a lot of that commission? >> of course you didn't mr. chairman, and it is because until september of last year, the system was gliding along very well. we detected 99% of the investors liquidation. -- protected 99% of the investors' liquidation. >> when that time -- when times are good, there is no problem. when times are bad, that is when we find some of the bodies. >> if you are refering to stanford, the fact of the matter is that if stanford -- even if the bank was in the united states, i

blessed repeatedly by the sec. mr. madoff bragged to potential investors that jealous funds had complained to the sec about his results and he had been repeatedly investigated and always came out clean. these are people of whom we should be proud and of whom we should be protected and instead these people have been victimized by the government since december 11, 2008. the sec and tsunami that hit my clients was the announcement by sipc, with the blessing of the sec, that the statute that this committee played a key role in drafting in 1970, that statute doesn't mean what it says. my clients relied upon the promise of sipc insurance as required by the securities investor protection act. they invested in madoff and knowing that the first $500,000 in their accounts was insured by sipc. they invested in madoff knowing that congress mandated that upon the liquidation of a broker, sipc was promptly pay up to $500,000 by replacing securities in a customer's account. the statute mandates how customers claim is to be determined

sec. 10104. amendments to subtitle d. (a) section 1301(a) of this act is amended by striking paragraph (2) and inserting the following: "(2) inclusion of co-op plans and multi-state qualified health any reference in this title to a qualified health plan shall be deemed to include a qualified health plan offered through the co-op program under section 1322, and a multi-state plan under section 1334, unless specifically provided for otherwise. "(3) treatment of qualified direct primary care medical home the secretary of health and human services shall permit a qualified health plan to provide coverage through a qualified direct primary care medical home plan that meets criteria established by the secretary, so long as the qualified health plan meets all requirements that are otherwise applicable and the services covered by the medical home plan are coordinated with the entity offering the qualified health plan. "(4) variation based on rating a qualified health plan, including a multi-state qualified health plan, may as appr

sec. 10202. incentives for states to offer home and community-based services as a long-term care alternative to nursing homes. (a) state balancing incentive payments program.-notwithstanding section 1905(b) of the social security act (42 u.s.c. 1396d(b)), in the case of a balancing incentive payment state, as defined in subsection (b), that meets the conditions described in subsection (c), during the balancing incentive period, the federal medical assistance percentage determined for the state under section 1905(b) of such act and, if applicable, increased under subsection (z) or (aa) shall be increased by the applicable percentage points determined under subsection (d) with respect to eligible medical assistance expenditures described in subsection (e). (b) balancing incentive payment state.-a balancing incentive payment state is a state- (1) in which less than 50 percent of the total expenditures for medical assistance under the state medicaid program for a fiscal year for long-term services an

matt stuart, hope you enjoyed the acc sec battlele. two teams started playing, believe it or not, way back in 1920 when they were starter members of the southern conference. and this is their 7th all-time pete meeting. first time they ever met here at auburn and it has been a good one. and now we have 1:39 left on the regulation clock. >> daymeon: so critical. but if you are auburn i want to try to keep it out of landesberg's hands. got to work harder to keep it out of his hands. he is too good. >> matt: gets the screen. can't do anything with it as they slit up and double. gets it back. takes it to the hole. missed the runner and sullivan grabs the rebound with 1:09. >> daymeon: good boxout by sullivan. sullivan at 6'3", go against sherrill, 6'8". >> now, virginia needs to stop. what are you going to do here, coach? >> daymeon: i wouldn't let the shot clock run down like auburn is doing. ten seconds left and they are in the three-two zone. >> matt: three on the clock. reed. rebound won by auburn and knocked. shot clock off and knox is

you're watching sec basketball. austin peay and number three undefeated kentucky at rupp arena in lexington, kentucky. cold and wintry day here in the bluegrass state. austin peay in the red. kentucky in the white. matt stewart with kyle macy. thank you for joining us. hope we're getting your holidays off to a great start. >> kyle: a great weekend for basketball. big games going on. and the students for most part are through with finals and they can concentrate on their play over the next few weeks. >> matt: number one kansas already won today. beat michigan. in that big game at cowboys stadium in the billion dollar facility. texas and north carolina were playing today. a lot of big games on css as well. roberson. double header to come. roberson hooks it in. 13 points for roberson. austin peay not going to go away. down eight with 9:9:45 to play. last time they played in the tubby smith era, wildcats won by only eight. that's where we are now. tied up by channelsment number three on him. bledsoe will be at the line.

week in blair levin, the omnibus executive director who previously served as chief of staff to the sec chairman. our guest reporter is from the "wall street journal." >> one issue is because of the study, which the sec asked for. you say there is no support on the hill, but there was arguably not much support for net neutrality on some parts of the hill, either. >> it is -- >> it depends on the party. but when you talk about issues like this, it sounds like you're basically saying that from your perspective, open access is not an issue you think should be going down. >> that is not what i said. we asked for studies and gave complete and total editorial freedom. we simply ask for input. we thought it was an important foundation for having a data- driven analytic record. they did a lot of things that are helpful to understanding what is going on, but it is fundamentally backwards looking. and we asked the columbia folks to be more forward-looking. on bundling, it covers eight wide spectrum of things. the court threw out certain kinds of things, but there are still some that are provided

and the sec -- in september.rt of the question about being hijacked, i believe this accord represents almost all member states of the country's positions. of course, i understand that this element does not meet the full satisfaction of all of the countries. but we did not expect that we would be able to have this legally binding treaty satisfying all the elements to all the member states. but i think we did get what we need to make this process move on. there were some countries who expressed reservations. on procedural matters as well as the substantive matters. on procedure, because of the complexity and the very slow process of negotiation. . . they were all represented. in terms of representation, i thought that they were fully represented. i will admit there was some lack of transparency, because we were not able -- we had a lot for a difficult negotiation. for substantive matters, there are more to be done. in the course of our negotiations, we will make this globally acceptable in treaty form, and build up

when you do your due diligence, looking to the sec, have they done their job? you are relying on them to do their job. when you look to -- that is before the factory at the should be able to look to others to do their job. this is the whole issue. there is a bill on the floor this week. this creates a moral hazard, if you will. by relying on the government, as you did, because the government says there were to protect you, you have the right to rely on them. maybe you would have done more due diligence, but we told you that you could rely on it. also, we set this up and you rely on it. because we set those entities up, the bill that we will be voting on expansiveness those intrusions by the government. you may even say that you would be more reliant on the government. for example, one of the comments from one of the people that i've put in the record, everyone except for mr. coffee on this panel believes that we should not have clawback. >> is that correct? one of the testimonies was from a lady. they said that it should begin with the sec. maybe we should be p

in a recent speech you called for a fact-based dialogue with the sec when it comes to potential regulation of the wireless industry. why did to emphasize fact-based, and what issues were you referring to specifically? >> guest: actually i think that chairman genachowski said when he was going to conduct his study was going to be that they said i think that is absolutely the way to approach it, so when the chairman and his staff visited with us that ctia in san diego, we kind of put forth what i think are very compelling facts about the state of the wireless industry in this country and importantly how it compares to the rest of the world. for example, when you look at the wireless industry today in the u.s., the points that i made is it is the most vibrant and most competitive marketplace than the entire country, not only the country i should say but the world. we made our point using facts that the u.s., by any measure that you look at whether it is a concentration index like h hi that is used by the department of justice or just by the number of competitors that we have in this country i

state and then at vanderbilt to start the sec schedule and then their first home sec game, what a doozy that should be. number three kentucky here on january 12th. bill: that's a 9:00 game on espn that night. it will be a dandy. matt: wildcats at 14-0. up at the arena a couple of weeks ago, a snowy saturday. the place was packed to the rafters for austin p. that was all time win number 1999. they've now eclipsed 2,000 and those folks up there, john calipari has them believing they can win the national championship. who is to say they can't? bill: mcclanahan finally getting some playing time. had 13 minutes against american the other night. got up to the line and made a basket. made a free throw. put himself in the record books with a point. the kentucky wildcats coming up at halftime, five the impact freshmen in the nation this year. you can't talk about that nms you start with john wall. troyli dribbles into a double-team and dribbles down. troyli on the baseline and mcclanahan, rebound by werner. boynton pulls up for three. macklin, the board and a foul will be called on macklin. 3:33

, but unlike aig which did not have significant oversight, that we should be very clear between the sec and bank regulators, that thanks to create customized derivatives will also be carefully watched to make sure they had adequate capital for those positions so we don't get something like the aig situation. >> thank you very much. i will turn to senator schumer. there is a boat that has started. wheat -- there is a vote that has started. we will come back at 1:00 p.m. i don't want it to be so disjointed, so we will go to senator schumer and then we will reconvene at 1:00 p.m. and >> thank you, mr. chairman. i want to say that i sat in the room with many others, senator dodd and senator shelby when we were told about the collapse of the financial system. we have lots of problems. this economy is not moving well enough for my purposes, but we are not in the great depression we might have been. you are a victim when you solve a problem you are better off -- society was better off the problem was avoided. i think people forget how important that is and easy to criticize, easy to say it cou

the junior preseason pick for sec player of the year patrick patterspatterson. dave loos, head coach of the austin peay state governors. for the fourth straight year, he is the only man in the nation not only the head basketball coach, but alston the athletic director of his school. >> kyle: the first decision as athletic director not to fire the basketball coach. >> matt: what a decision for him. >> kyle: the austin peay team without the game started, they'll be tough and grind it out. offensively, run down the ucla high post set. they'll work hard. give you everything they have when they're on the floor. >> matt: kentucky in their home white and austin peay in road red. cousins and fraley. mike stewart, bird, smith is the officiating crew. kentucky starts on offense. john wall, 6'4", 194 freshman out of word of godacademy. many had him number one recruit in the nation when he signed on with the wildcats. lived up to the billing. patterson with the first miss. the ball is saved by austin peay. anthony campbell, the sophomore had his hands on the board for the w

what does the sec believe bank of america did wrong?aint we alleged that the proxy material that were sent to shareholders, which was the basis upon which they would decide as to whether or not to vote to approve the merger stated they could not pay bonuses without the consent of the bank of america. there was already an agreement that bank of america would allow him to pay up to $5.8 million in exactly those kinds of bonuses. the proxy was misleading because it suggested that no consent had been given and no such bonuses would be paid without such consent when in fact the consent had already been given. >> i know you're a serious prosecutor. that's what we need in this day and age. what can we expect going guard in terms of aggressive enforcement against corporate wrongdoers? what can we expect from this point on? we're talking about a lot of money here. >> in the mortgage fraud area alone we have charged ceos, cfos, or other senior executives in new century, countrywide, american home mortgage, brook street securities, we charged hank

sec no or the nine no -- the first no, the sec that no, or the ninth no -- the second no, or the ninth no. >> the way everybody looks the other way to allow these tunnels to exist so that the sheep cost $450 for one family. this is egypt on the one side and this is his role on the other side. -- israel on the other side. you have been doing what they can to keep that under control. -- you have been doing what they can to keep that under control. -- you have them doing what they can to keep that under control. there is raw sewage in the streets when it was not there six years ago. we never comment on that. if you're doing a behind closed doors, we do not know about it. this crisis is a man-made -- is man-made. i do think that it is critical and i think it would go very far not just to solve this problem, but to give the people a sense of justice and recognition that they have endured for the past 60 years. it needs to go much farther than it has and we need to stop talking about israel and palestinians -- and palace -- israelis and palestinians as if they are different because they are

what does the sec believe bank of america did wrong? what do you think happened here that was wrong? >> mr. chairman, in our complaint we alleged that the to vote to approve h was the merger there was already an agreement that bank of america would allow him to pay up to $5.8 million in exactly those kinds of bonuses. the proxy was misleading because it suggested that no consent had been given and no such bonuses would be paid without such consent when in fact the consent had already been given. >> i know you're a serious prosecutor. that's what we need in this day and age. what can we expect going guard in terms of aggressive enforcement against corporate wrongdoers? what can we expect from this point on? we're talking about a lot of money here. >> in the mortgage fraud area alone we have charged ceos, cfos, or other senior executives in new century, countrywide, american home mortgage, brook street securities, we charged hank greenburg and another official at aig. just in the recent past we have gone vigorously after those individuals

so now the secs were the victims. there was a large flight of serbs from kosovo. some of this was economic flight because there are better jobs in the reprick of -- republic of serbia, some was also fleeing harassment by the albanians. in the 1980s as the albanian harassment increased, there was increasing talk of ethnically cleansing the serbs, indeed, some of the first talk was by the albanian majority in kosovo. i emphasize this very complex hillary partly -- history partly because there's a general perception that the serbs were the victimizers, but the history is much more complicated than that. and, indeed, both sides have a history of victimizing each other to some extent. in 1989 a major change occurred when milosevic, then the president of the republic of serbia, a very opportunistic politician was looking for an issue on which to establish his popularity among the serbs and found that issue in protecting the serb minority in kosovo. and used his authority, basically, to establish a state of martial law in kosovo and to end kosovo's autonomy. and kosovo t

week in blair levin, the omnibus executive director who previously served as chief of staff to the sec chairman. our guest reporter is from the "wall street journal." >> one issue is because of the study, which the sec asked for. you say there is no support on the hill, but there was arguably not much support for net neutrality on some parts of the hill, either. >> it is -- >> it depends on the party. but when you talk about issues like this, it sounds like you're basically saying that from your perspective, open access is not an issue you think should be going down. >> that is not what i said. we asked for studies and gave complete and total editorial freedom. we simply ask for input. we thought it was an important foundation for having a data- driven analytic record. they did a lot of things that are helpful to understanding what is going on, but it is fundamentally backwards looking. and we asked the columbia folks to be more forward-looking. on bundling, it covers eight wide spectrum of things. the court threw out certain kinds of things, but there are still some that are provided

sec no or the nine no -- the first no, the sec that no, or the ninth no -- the second no, or the ninthl on the other side. you have been doing what they can to keep that under control. -- you have been doing what they can to keep that under control. -- you have themçó doing what ty can to keep that under control. there is raw sewage in the streets when it was not there six years ago. we never comment on that. if you're doing a behind closed doors, we do not know about it. this crisis is a man-made -- is man-made. i do think that it is critical and i think it would go very far not just to solve this problem, but to give the people a sense of justice and recognition that they have endured for the past 60 years. it needs to go much farther than it has and we need to stop talking about israel and palestinians -- and palace -- israelis and palestinians as if they are different because they are not. when you talk about their partners and bringing people over, they are under occupation. the do not have control over 85% of their lives. we also know that americans side with politics and interes

these are factors that the harvard center told the sec in a study a mere few months ago were the reasonst other countries have surpassed ours. something has to be done about the duopoly of cable and telephone companies that control virtually every broadband market in america. >> let me say that i have a respect for both public knowledge and the free press. i find the criticism not very productive. as to the ideas of unbundling and separation, the study did a fantastic job of pointing out things going on throughout the world. but i think that we asked them to do that. but there are cases where things in some countries are not that germane to where we are going. the courts throughout bundling. we are not terribly interested in moving towards things that will just frees capital investment. that one does not strike me as that productive. i have not heard that from anyone in congress or the commission or in the record, people asking for structural

supporting an initiative that you feel it in the end will damage them and give them the short end of the sec? >> i do know the stimulus had majority support but the bailout, i know they have 19 -- 900 bail-out phone calls i do not answer that well but most people oppose the bill of every four honorable member voted against the wall street bailout. maybe they supported it in detroit but also polls should not drive policy. principal and the constitution should constrain what you do. i don't think the bailout was constitutional or buying in general motors was constitutional regardless of the people supported that. i am very happy to take the anti-bailout side against any politician that thanksgiving that money to goldman sachs are bankamerica was popular at the time when they helped to create the collapse. this is why i am not a politician. i would probably get the two doubt very quickly for opposing of the measures. i want to put tolls on every highway and that would not be very popular because right now all transportation is subsidizing this trucks and make them pay for the road. i am not a p

benjamin's council or the sec does, are we just throwing that $2 billion into a paper shredder?es, you're throwing $2 billion of u.s. taxpayer money away. you are throwing away potentially on told billions of dollars that u.s. citizens have spent in detrimental reliance upon the congressional urging of the digital transmission. suffice it to say, my phone has been ringing off the hook ever since this gentleman's work has been revealed. i think what he does is simply try to monetize the highest and best use in pure dollar terms, disregarding all the other public values that are served through localism, local news, local weather, these are things like when it comes to emergency information, amber alerts, i don't know how you monetize that. i am hesitant to say it but when it comes to broadcasting and the broadcast airwaves, they have always been a public option. they make sure that everybody gets served. he seems to be suggesting that that maybe should yesterday. >> all right, dr. johnson, a raise the issue in my opening statement about the amateur radio broadcast service. i faile

host: commissioner baker, chairman genachowski call this last week on "the communicators" that the sec made a decision that still would take six to 13 years to implement that decision when it comes to wireless spectrum. what are your thoughts about that? >> guest: that is historically true. i showed the scars of the advanced wireless spectrum services spectrum that the department of defense has to congress to were those who bought the spectrum actually paid for the department defense moves of the department defense got new equipment and the commercial industry got the spectrum for the next generation of wireless services. it is a win-win but that coordination takes a while. hopefully we have laid the groundwork and it figured out where some of the bugs are and maybe we can do it better next time, may be quicker but yes it does take a while. >> host: you talk about finding is spectrum. it is a limited commodity, isn't it? >> guest: for instance we discussed the broadcasters spectrum. i don't ex-that we take all the broadcasters spectrum but i expect there might be summoned there that co

i will close by saying that they are currently three proceedings on roaming pending at the sec. i will happily go into more detail in the q and a. it is the foundation for national competition. all consumers should have access to affordable and innovative options for service, such as that you rich services that cricket provides. thank you burda i will be happy to answer questions. >> thank you. >> thank you for the opportunity to testify before you. i plan to cover four areas. i would like to give the consumer perspective on text messaging. i will then talk about consolidating market structure. i like to cover some other limitations that we see consumers facing in this market place. lastly, i will offer solutions that will introduce more competition to the marketplace and lower consumer prices every major carrier has of these doubled its price since 2005 from text messaging from 10 cents to 20 cents per message. these rising costs are not at all rebated to the price incurred by the carrier. text message files are small. it is negligible to the provider. it would take 600 text me

sec no or the nine no -- the first no, the sec that no, or the ninth no -- the second no, or the ninth no. >> the way everybody looks the other way to allow these tunnels to exist so that the sheep cost $450 for one family. this is egypt on the one side and this is his role on the other side. -- israel on the other side. you have been doing what they can to keep that under control. -- you have been doing what they can to keep that under control. -- you have them doing what they can to keep that under control. there is raw sewage in the streets when it was not there six years ago. we never comment on that. if you're doing a behind closed doors, we do not know about it. this crisis is a man-made -- is man-made. i do think that it is critical and i think it would go very far not just to solve this problem, but to give the people a sense of justice and recognition that they have endured for the past 60 years. it needs to go much farther than it has and we need to stop talking about israel and palestinians -- and palace -- israelis and palestinians as if they are different because they are

the stage for these violations set by former sec chairman christopher cox.t exactly the time that cdos and cdss pro liferrated in other markets, the chairman discouraged formal investigations are and security fraudsters. bank of america's country was the corporate reaction to years of weakening enforcement at the sec under chairman cox. chairman shapiro made efforts to turn the policy around. i applaud the sec for enforcing the law in the case of the nondisclosure of 9 merrill, failure to disclose accelerated losses at merrill lynch before the shareholder vote is more significant. indeed. those undisclosed losses dwarf the amount of undisclosed bonuses. the reliance on counsel defense asserted by ken lewis raises the broader question, will the securities and exchange commission allow corporate management to rely on the advice of counsel defense and then allow the counsel to avoid liability for their advice? the investing public, and now this congressman wants to know, where is the sec? as of yet, we don't know. thank you. >> thank you, gentleman for your sta

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh?d she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. ♪ >> larry: we're back. "nine" opens in los angeles and new york friday night. and then we'll open wide on christmas day. it is a great movie. fergie worked hard for this part. she plays a prostitute from guido's past and sings "nine"'s signature song you may be singing when you see the movie. here is fergie in action. ♪ the italian ♪ lives today as if it may become your last ♪ >> larry: you can applaud. >> we were trying to decide what pose would be the grand ending pose. >> we came up with 100. >> rob was getting on the chair and doing these different ones. >> larry: she is a singer, right? >> it was amazing to see her come from that side. everybody has a huge mountain to climb. hers was different. i was so amazed how fergie attacked this role. like an animal. she wanted to feel it. she wanted to believe it. >> yeah. >> the first day of shootage w

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. smells good. it's a cookie exchange. we're baking up holiday spirit to share with friends around the country. you know, priority mail flat rate boxes from the postal service makes shipping simpler than no-bake peanut cluster. if it fits, it ships anywhere in the country for a low flat rate. so sending macadamia moos to miami costs the same as sending sugar trees to sante fe? same price for snicker doodles to spokane or pumpkin pinwheels to poughkipsee. okee-dokee. okee-dokee. priority mail flat rate shipping starts at $4.95, only from the postal service. a simpler way to ship. >> larry: we'll check in with anderson cooper. he's back. after hosting a wonderful night of heroes last week. he's back hosting "ac 360." welcome back. congratulations, anderson. >> thanks so much, larry. breaking news to tell you about. the manhunt for maurice clemmo

in fact, the sec one of the potential special crisis that could threaten expansion of broadband services dtv transition how to free up more spectrum the need for commercial speech and capacity will only expand as broad bank continues to be delivered to more areas. to ensure transparency and help ensure we meet demand chairman waxman have introduced the radios by sherman inventory act and congressman in silly and often have introduced by relocation of an act. ensuring competition, improve public safety, and me to growing demand for services and any proposal calling for run should ensure underserved over communities are properly considered. i think mr. chairman for holding the support hearing today and i yield back the balance of my time. >> thank you. the gentle lady from tennessee is blackburn is recognized for two minutes. >> thank you mr. chairman, i want to think the panel before us today, we're delighted you are here and i am also delighted the mr. chairman and that we are talking about legislation and that actually represents what is a balanced give and take. that is not something w

other people think it is when the sec fell asleep at the switch and allowed banks, mortgage banks todo investment- banking. other people think it is when the s&l crisis happened. everybody has a moment, but it was a collective failure in washington. the point the caller is making a thing is inarguable. you had democratic president, democratic congress narrowly gone along -- the early going along with no longer needed regulation. of course it needs to be regulation trip. host: jim on our lines from seattle washington. the release of the movie "avatar, cut its computer generation -- the lead caller: the release of the movie "avatar," this computer- generated effects. additionally, the film has two themes that are in the public discourse right now and will be for the next decade and beyond, and that is the treatment of our environment and the ethics and prudence of one nation invading another for its resources or any other reason. thank you. host: thank you. guest: well, i think -- we talked about culturally the development -- in the previous caller referred to this earlier -- the devel

excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh?'m told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. >> larry: donald trump is still with us. now dennis rodman is here, an athlete who knows all too well about being in the media eye of the storm. rodman, of course, the greatest rebounder in the history of professional basketball in miami, the possessor of five championship rings. donald, give us your quick ten type of dennis rodman. >> here you go. >> dennis is a winner, larry, he was on "the apprentice," we had a lot of time together. i gained a great respect. he's a champion. he has five rings and how many people have five rings at anything? dennis knows i like him a lot. he was great on the show. by the way, the ratings were fantastic. i like him even more. >> larry: dennis, what's your thoughts on the whole tiger woods' thing? >> well, my thoughts are just like donald's. i think tiger needs to get back outside and just be -- just live his

the sec investigators or after madoff again and again from my 92 on in the always missed it. why was that? their defense was they were inexperienced and incompetence but i don't know if that is a satisfying answer. >> as head of the estin investigative service when was the first you heard of madoff? >> denied he was arrested. we had just finished reporting on rod blagojevich, the enemy-- governor of illinois. bernard invested a $50 camperville that is a typo. that would be the biggest in history. well, i soon found out. >> what kind of resources to you in your unit turned over to this investigation? >> we had the entire abc news' investigative unit immediately but there was some money great details that could not fit into the world news or nightline or 2020 so we ended up doing this book. what is the first book i've written. >> it is your first book? >> i am a rookie at this but i enjoyed it. it usually exists of a minute and-a-half and hera had as much as i want. >> how did you fit writing this book into your workday? >> 4:30 in the morning was a good time to ride in the kee

the sec said -- we recognize that this will be a burden on the government of afghanistan and that will need assistance. a lot of our economic programs that we're emphasizing right now is aimed at the generation of wealth. but at the same time, trying to find ways to help the afghan government would revenue collection. we are looking at that. the third would be, with regard to longer-term costs, i do not know what the order of magnitude of the cost of an american soldier or marine for one year in afghanistan, compared to an afghan national army soldier or police. if nothing else in our own long- term economic interests, and certainly the afghan interest, to continue to help the afghans stand there police sub -- stand their police up, so that we're not sending more u.s. soldiers are marines, but the afghan soldiers are taking their own place. that is a pretty good return. and the four. would be that as we move forward and afghanistan does gain more security, perhaps the army and police of afghanistan will not need high levels in the future. maybe at some point in time, 10 years from now,

because the sec and the antitrust division were opposed and they filed briefs on the opposite side of the case if the second circuit, something that can happen when an independent agency has independent litigating authority in the lower courts. and that was a case where we actually at the end of the day were able to get both the sec and the justice department's on the same brief. but the case is where there's an intractable disagreement and those, i think, are the hardest cases. the most enjoyable part of the job in some respects is arguing cases in front of the supreme court. it's a high honor. for any litigant to get to argue a case here. but to get to do it for the united states of america is really something special. and i don't know that there's anything -- i mean, i was solicitor general recently enough if there was anything i wanted to change, i should have done it. [laughter] >> and i didn't. and i missed my chance. >> drew? >> well, i agree. being the dr. no of an administration when supplicants are coming before you who have very serious issues and want to take their cases t

will it be the sec or the federal trade commission? accommodation or possibly a new agency?will not be solved this morning, but i look forward to working this out and doing this in a bipartisan fashion. i would be interested, if possible, if some of the witnesses would give us their feelings about how the jurisdiction of this privacy bill would be best supervised with. mr. chairman, i would conclude with pointing out that we have talked a bit in previous hearings about deep pocket inspection. the point is, whether a company uses deep pocket inspection or read your e-mail directly, this should be part of the privacy rules in some way. i think witnesses can also help us on thatÑi particular aspect. i lookÑi forward to the hearing and i thank you for the opportunity to speak. >> the chair thanks the tournament. the chair now recognizes the gentleman from ohio, mr. space, for two minutes for the purposes of opening statements. >> thank you, chairman rush, for convening a survey on the topic of behavioral advertising. i was struck when reviewing professor felton's testimony by a

he became a profoundly patriotic american and sec every occasion to express gratitude for the opportunityld not run for reelection to the cancer that ultimately took his life, tom said "is only in the united states that penniless survivor of the holocaust and a fighter in the anti-nazi underground could have received and immigration, raised a family, and had the privilege of serving the last three decades of his life as a member of the congress. i will never be able to express fully by profoundly felt gratitude to this great country ." congressman lantos was a co- founder of the congressional human rights congress for over two decades. under his leadership and with the incredible hulk of his dear wife, the caucus was in the forefront to free political prisoners and preserve religious freedom. with the strong support of speaker pelosi and the able leadership of congressman mcgovern and wolf, the caucus has been reestablished as the lantos the human-rights commission and has instituted a permanent part of congress so the vital work he started will go on. [applause] we all miss tom, but toda

what is leading us to take what has traditionally been the responsibility of the fdic and the sec and probably the irs and place it with the secret service? >> to your point, sir. i can't say that i'm happy that this occurred. >> i'm sure you are not. >> i do a grow that there will be some good that comes from this. we are a duel mission organization. we were first founded to discov discover counterfeit currency. we have about 3500 agents. 2200 agents are out in the field. they do support our protective mission. it's my believe what our agents learn make them that much better in our protection evaluating people and dealing with various types of situations. the investigative mission revolves around the financial times. those are access to advice or credit card fraud and as it relates to cyber related issues. we do do some work for missing and exploited children. a lot of that is because of the cape abilities we have. that's not full time for every agent. we have a small number of agents assigned to that. we believe that our job is to make an impact on the community. we believe this is

it was a hearing that finally got the sec and other board to change it. stock market and financial restitutions began to give back on their feet. so far the process of the bill has not been completed. the dollar is still weak which is hurting investment. the credit system is still not making, not fully working in providing reliable credit to small, small businesses and consumers. the uncertainties out there, particularly with this massive health care bill passed -- uncertainty about cap and trade and other things, is hurting business investment. next year we will get economic growth, but it is like a baseball player who has been hitless who is now heading 250. host: i want to invite viewers and listeners to join the conversation. steve forbes is with us until a 30 a.m. eastern to take your calls on the economy, politics, and capitalism. you write in your book about democratic capitalism being the most moral humane system, but has the system itself had some major problems in the last couple of years? guest: well, when you have an economic disaster which ha

it's important that you get a good shot on the first possession of the second half. 15 secs left on the shot clock. another turnover almost but, luckily, flyers able to get it back. 10 seconds left. blocking foul on gerald lee and gerald lee bails the flyers out with a bit of an acting job from london warren >> mike: he forced the big man to make a decision and that decision was the foul because london, if he didn't move his feet afoam yatchly, london would get by him for a dunk or a schupp many in. just under way in the second half, that's chris onson. >> not a lot good movement. marcus johnson, top of the key, two-pointer. marcus has scored nine now >> derek: marcus johnson continues to play his best basketball over the last thee games. he got off to a little bit of a slow start here in the senior game. that's gerald lee up high with him leaves it off, down low, permanent foul called on chris wright. keyon carter had position on him inside. they say chris battling from behind. >> derek: carter able to get great position and beat chris to the spot >> mike: now we have chris one on one