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Jul 21, 2009
07/09
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secondly, people under serious punishment to get health insurance. ideaç that you would be required to get it by the federal government or they will fine you, that is without precedent. it happened in massachusetts, but on a federal level, something is changing in america if that happens. greta: how do youç think the people feel across the country when they find out that they voted in these elections and sent these people to congress, and they are going to vote on this profoundly important legislation, and they have not even read it but are just voting? i cannot get past that one. tucker: i went to dinner the other night with a lobbyist, as you know, because you live here. they are typically very well informed. this lobbyist said, "i always read everything." greta but he is not voting. tucker -- greta: but he is not voting. tucker: he does not know what is in it and has not had time to read it. greta: read the bill before you vote on it. tucker: how about this. "jeopardy." greta: you and i could be cohosts. tucker: i am there. greta: thank you. up
secondly, people under serious punishment to get health insurance. ideaç that you would be required to get it by the federal government or they will fine you, that is without precedent. it happened in massachusetts, but on a federal level, something is changing in america if that happens. greta: how do youç think the people feel across the country when they find out that they voted in these elections and sent these people to congress, and they are going to vote on this profoundly important...
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Jul 7, 2009
07/09
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CSPAN2
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but, secondly, and more importantly, despite claims this amendment only seeks to reauthorize e-verify for three years -- which i don't oppose -- the actual language of my distinguished colleague's amendment makes e-verify permanent and mandatory. there would be nothing wrong with that if the system actually worked. but, it doesn't. the distinguished senator from alabama and i agree upon one of the main seven principles for immigration reform which i issued two weeks ago: namely that an employer verification system with tough enforcement and auditing is necessary to significantly diminish the job magnet that attracts illegal aliens to the united states. the bottom line is illegal aliens mainly come for jobs and until we're tough on employers, wave after wave is not going to stop. but as we speak, even under the e-verify system, any individual who steals a social security number -- that's easy these days -- and has access to a credible fake i.d -- also easy -- can get a job in the united states. and nothing stops anyone from loaning a fake i.d. to their friends and family to get a job.
but, secondly, and more importantly, despite claims this amendment only seeks to reauthorize e-verify for three years -- which i don't oppose -- the actual language of my distinguished colleague's amendment makes e-verify permanent and mandatory. there would be nothing wrong with that if the system actually worked. but, it doesn't. the distinguished senator from alabama and i agree upon one of the main seven principles for immigration reform which i issued two weeks ago: namely that an employer...
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Jul 6, 2009
07/09
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secondly, ho can a politician not have a sense of self-este. he didn have a very deveped sense of se-esteem. i've give you the example. john bodeenonwayrom tes. i used watch john walk into theabinet room a nixon's eyes wou lht up, ta, grerious, good oking, booming voi, all this kind of, you kw. and nixonas, i don't mean it in a peror diffilt sense, kind in love with him because he rep represented whatixon --. >> rose: he wanted t make him vice president. and then president. and joonnelly could talk him into virtuallynything. wage and price controls i will never forget our meeting at cam david where we were --we closed the gold window, you remember that i was very much involved in. buthe wage and price controls. and herb ste and i an other so-calle fiscal conservatives say a nixon, a republican administratn is ing to put in wage and price controls? john connelly single-handedly convince richard nixon. so you had th -- and tn youad this --. >> re: but what is interesting about nixon, just some stuff was out this ek as they began to publish more a
secondly, ho can a politician not have a sense of self-este. he didn have a very deveped sense of se-esteem. i've give you the example. john bodeenonwayrom tes. i used watch john walk into theabinet room a nixon's eyes wou lht up, ta, grerious, good oking, booming voi, all this kind of, you kw. and nixonas, i don't mean it in a peror diffilt sense, kind in love with him because he rep represented whatixon --. >> rose: he wanted t make him vice president. and then president. and joonnelly...
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Jul 20, 2009
07/09
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WBFF
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and then secondly, what our resources allow us to do. you know, in an ideal world, in a vacuum, everybody would like the sec to be every place on top of everything preventing fraud. i don't think the sec has ever claimed that it could prevent fraud. it tries to deter fraud, it tries to stop it when it finds it, it tries to educate investors so they don't become victims of fraud, but to the first point that we all would ideally like there to be a cop who could do that, there's a pretty exorbitant cost attached to that. and the cost is not just the cost of running the sec, it's the business cost that is passed on to businessmen and to the industry in terms of complying with regulations and so on, and so when it's time for them to reach into their pockets to actually fund that level of policing, then people aren't as so in favor of it, i guess. i'll just put it that way. >> the sec is getting more money. the white house had proposed a budget of just over one billion dollars next year, an increase of six percent and the commission is asking
and then secondly, what our resources allow us to do. you know, in an ideal world, in a vacuum, everybody would like the sec to be every place on top of everything preventing fraud. i don't think the sec has ever claimed that it could prevent fraud. it tries to deter fraud, it tries to stop it when it finds it, it tries to educate investors so they don't become victims of fraud, but to the first point that we all would ideally like there to be a cop who could do that, there's a pretty...
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Jul 2, 2009
07/09
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secondly, i think it makes good sense to have congressional leaders in the line of succession.they've dealt with a wide range of issues in their current positions. most of them -- you don't get to be a leader in congress without having served many years in the legislative branch. i do think there's a technical issue you could very easily address that is recommended in the report that you designate the majority leader as president pro tem so you don't have a situation with an aging president pro tem -- i don't remember carl hayden sitting behind lyndon johnson after -- when johnson took over the presidency, and you had mccormick and hayden as the two people sitting behind the president when he was giving -- speaking to a joint session of congress and it sent chills through everybody. so you should -- clearly, the majority should be in the line of succession and he's not an officer of the -- official officer of the senate so you make him an official officer by changing the rules and make him a president pro tem. that's a relatively minor fix. i have a mixed view in terms of desig
secondly, i think it makes good sense to have congressional leaders in the line of succession.they've dealt with a wide range of issues in their current positions. most of them -- you don't get to be a leader in congress without having served many years in the legislative branch. i do think there's a technical issue you could very easily address that is recommended in the report that you designate the majority leader as president pro tem so you don't have a situation with an aging president pro...
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Jul 29, 2009
07/09
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have a lot of good procedures built in especially with the legislation that's being proposed and secondly just as a matter of national security there are some things which do deserve to be protected above all. >> that's right. and i don't know that it's necessarily fair to refer to the military commissions as a secondary set of -- it has a rich history which has been discussed, you know, at length here today. >> yeah. mr. edney? >> maybe i could put a finer point on this. if given the choice between the senate's resolution that was passed the other day to say that this entire class of individuals alien and unprivileged enemy belib belib military could be trade and the and it could be does he havevated on a case-by-case basis i think we have to go with the sentence resolution and this is really not just because of bolstering the military commission system but protecting the integrity of the federal criminal justice system cheapens the federal criminal justice system where these protections are, you know, cast aside on a case-by-case basis. this is something the supreme court thought a lot
have a lot of good procedures built in especially with the legislation that's being proposed and secondly just as a matter of national security there are some things which do deserve to be protected above all. >> that's right. and i don't know that it's necessarily fair to refer to the military commissions as a secondary set of -- it has a rich history which has been discussed, you know, at length here today. >> yeah. mr. edney? >> maybe i could put a finer point on this. if...
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Jul 1, 2009
07/09
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secondly, we have recovered the state monopoly to exercise justice. during many years of the country, the justice administration is total independent from the exit -- from the executive branch. in many areas of the country, general prosecutors, judges, they have been replaced by a terrorist guerrillas, some in these organizations. they try to keep legal exercise justice, -- they try to exercise its legal justillegal justice. prior to this, colombians were afraid to propose or denounce. today, colombians have recovered confidence to denounce. colombians denounce every kind. we have many more announcements that prior to this administration. my government is open and receptive. the minister of defense, the high command of the police, the military, and i as president, quite often we go on the beat to receive questions, claims, blames from the epoplpeople involving our policemen and human rights. we do our best to make clear every case. i consider this a very unique case in the world. i want to share this experience with you. colombians have recovered conf
secondly, we have recovered the state monopoly to exercise justice. during many years of the country, the justice administration is total independent from the exit -- from the executive branch. in many areas of the country, general prosecutors, judges, they have been replaced by a terrorist guerrillas, some in these organizations. they try to keep legal exercise justice, -- they try to exercise its legal justillegal justice. prior to this, colombians were afraid to propose or denounce. today,...
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Jul 18, 2009
07/09
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secondly, haley made an excellent point. i appear before the house appropriations committee last year, and governors always want more flexibility, because the priorities are different from state to state. it is a lot more successful if we could deploy those dollars without having some of the specific requirements that the congress imposed. in terms of medicaid support, education support, infrastructure help to repair roads, bridges, rails, and culverts, i come from a part of a country where our infrastructure is aging, and we certainly need that help. we would like more flexibility. i am joined by the governor of the great state of montana, governor schweitzer. >> put me down for no. joe is right. we are up on a very high peak that we are going to have to get down off of when the stimulus money runs out. pushing that of another year or two years is not the answer. we need to go on and start making the kind of changes these guys talk about sooner rather than later. >> you are hearing in a bipartisan fashion. >> the governor's
secondly, haley made an excellent point. i appear before the house appropriations committee last year, and governors always want more flexibility, because the priorities are different from state to state. it is a lot more successful if we could deploy those dollars without having some of the specific requirements that the congress imposed. in terms of medicaid support, education support, infrastructure help to repair roads, bridges, rails, and culverts, i come from a part of a country where our...
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Jul 23, 2009
07/09
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FOXNEWS
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secondly, the congressional budget office which is bipartisan -- bill: cbo. >> experts, incredibly well-informed, has gone through each of these cost savings he's talking about, and refuses to score them. which means they refuse to say this will save 100 million, this will save 50 million, this will save 10 billion because they don't believe there's any proof that that savings is going to take place, and when he says he's determined it's not going to add to the deficit, charlie rangel's bill, which he's working with, has $550 billion that he can't account for. bill: so you think that over $500 billion in a ten-year period will be added to the debt we already have. >> i can't be sure. oh, yeah, $500 billion, yes. bill: in your book, "catastrophe," you list a number of unintended
secondly, the congressional budget office which is bipartisan -- bill: cbo. >> experts, incredibly well-informed, has gone through each of these cost savings he's talking about, and refuses to score them. which means they refuse to say this will save 100 million, this will save 50 million, this will save 10 billion because they don't believe there's any proof that that savings is going to take place, and when he says he's determined it's not going to add to the deficit, charlie rangel's...
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Jul 17, 2009
07/09
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WUSA
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secondly to help the cash- strapped and credit strapped consumer to be able to buy a new car by givingnment incentives and third toly to improve the national fuel economy by insenty vising people to trade in their old clunkers, gas guzzling clunkers to buy new cars that are more fuel efficient. >> you used this program to buy a new car. tell us about that. >> i have a ' 97 isuzu trooper. when i bought it the sticker said 13 city, 18 highway and when i look it up it is 14 miles a gallon on a combined basis. so that qualifies for the mile requirement of 18 or less. i'm replacing it with a 2009 nissan sentra that gets 26 miles a gallon. so that meets the plus ten miles a gallon threshold and qualifies me for the $4,500 max credit for the government. >> and you are paying less for gas mileage. so that is a win, too. >> that's right. >> talk about how people get financially prepared to buy a new car the first place. what are the steps. >> some of the steps are people have to look at their finances. in other words one of the first steps is to live within our means. look at the budget. how mu
secondly to help the cash- strapped and credit strapped consumer to be able to buy a new car by givingnment incentives and third toly to improve the national fuel economy by insenty vising people to trade in their old clunkers, gas guzzling clunkers to buy new cars that are more fuel efficient. >> you used this program to buy a new car. tell us about that. >> i have a ' 97 isuzu trooper. when i bought it the sticker said 13 city, 18 highway and when i look it up it is 14 miles a...
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660
Jul 12, 2009
07/09
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WMAR
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secondly it means transportation projects across america. in arizona, illinois and other states, not only creating good-paying jobs, building america's infrastructure for the future. does senator kyl oppose that? i think these are good investments in america's future. let's give it time to work. >> i think he just gave his answer. let me just follow up one more question on this, with the job situation and the whole economy being so much worse than everyone expected several months ago, why not focus on that right now? several people have said that president obama should scale back his agenda right now and put all ever his focus on the economy. >> george, because the president understands, if we want to build this economy for the future, it isn't just a matter of saving and creating jobs today, it's doing the fundamentals to make sure at that american economy is strong at the end of the recession. it's taking care of a health care system. senator kyl said the idea of health care reform is a job-killer. let me tell you, health insurance premium
secondly it means transportation projects across america. in arizona, illinois and other states, not only creating good-paying jobs, building america's infrastructure for the future. does senator kyl oppose that? i think these are good investments in america's future. let's give it time to work. >> i think he just gave his answer. let me just follow up one more question on this, with the job situation and the whole economy being so much worse than everyone expected several months ago, why...
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Jul 23, 2009
07/09
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FOXNEWS
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secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine.hen he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad. >> and he can require generic drugs for brand names, he can do that, that's good also. but those savings are already factored in before we get to the trillion dollars over the next ten years that this thing is going to cost. bill: some conservatives on the radio particularly don't want any intrusion into the health care system. they say leave it alone. that's insane. >> well -- bill: you've got to do something. >> well, first of all, bill, there are 50 million uninsured people. ok. 10 million are illegal immigrants who are going to get covered under this thing. this thing takes care from the elderly
secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine.hen he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad....
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Jul 5, 2009
07/09
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secondly, the troop pullout from iraq, do you think it has got any implications on the middle east or in iran or middle east in general? thank you. >> i don't think the withdrawal of u.s. troops has any implications on what the united states decides to do about iran. i don't think the american public has an appetite for any kind of additional military intervention in that neighborho neighborhood. in terms of what obama does i don't think they have made a decision yet. i think that is the tough call. how do you create a balance where you seem to be encouraging the democratic voices throughout the region, not just in region, at the same time you have to deal with some of the most -- the last biggest block of autocratic leader in the world. so it is a calendar not just in -- it is a challenge not just in iran but across the board. it was interesting what he did in egypt deciding to give a speech there but never mentioned mubarak in the speech. and we have to understand that the issue of engagement is because we ever liked whoever was going to be in power. it is because we are trying to a
secondly, the troop pullout from iraq, do you think it has got any implications on the middle east or in iran or middle east in general? thank you. >> i don't think the withdrawal of u.s. troops has any implications on what the united states decides to do about iran. i don't think the american public has an appetite for any kind of additional military intervention in that neighborho neighborhood. in terms of what obama does i don't think they have made a decision yet. i think that is the...
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Jul 2, 2009
07/09
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CSPAN2
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secondly -- the second big lesson, and i don't want to steal the thunder of my colleagues but i have to speak my mind. the priority of arms control. the u.s. and russia are the founders of the nuclear weapons era. we owe it to ourselves and to the world that we manage our relationship and this legacy with the utmost seriousness and care. i think it was a mistake for the bush administration to downgrade arms control, which it tried in his lungs couple of years to remedy. -- which it tried in its last couple of years to remedy. and obama is right to put the arms control issue front and center. but it has to be done right. hear, the most important thing where i have some doubts is that there be a maximum transparency about courses, technology, programs and strategy and doctrine. in the cold war, u.s. intelligence supported all kinds at analytical efforts and enforced that transparency over a reluctant soviet union. today, there is much more natural transparency because of the openness of russia, but there are areas of worrisome confusion that are troubling. for example, we have decided
secondly -- the second big lesson, and i don't want to steal the thunder of my colleagues but i have to speak my mind. the priority of arms control. the u.s. and russia are the founders of the nuclear weapons era. we owe it to ourselves and to the world that we manage our relationship and this legacy with the utmost seriousness and care. i think it was a mistake for the bush administration to downgrade arms control, which it tried in his lungs couple of years to remedy. -- which it tried in its...
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Jul 23, 2009
07/09
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secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine. when he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad. >> and he can require generic drugs for brand names, he can do that, that's good also. but those savings are already factored in before we get to the trillion dollars over the next ten years that this thing is going to cost. bill: some conservatives on the radio particularly don't want any intrusion into the health care system. they say leave it alone. that's insane. >> well -- bill: you've got to do something. >> well, first of all, bill, there are 50 million uninsured people. ok. 10 million are illegal immigrants who are going to get covered under this thing. this thing takes care from the elderl
secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine. when he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad....
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Jul 23, 2009
07/09
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FOXNEWS
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eye 322
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secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine. when he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad. >> and he can require generic drugs for brand names, he can do that, that's good also. but those savings are already factored in before we get to the trillion dollars over the next ten years that this thing is going to cost. bill: some conservatives on the radio particularly don't want any intrusion into the health care system. they say leave it alone. that's insane. >> well -- bill: you've got to do something. >> well, first of all, bill, there are 50 million uninsured people. ok. 10 million are illegal immigrants who are going to get covered under this thing. this thing takes care from the elderl
secondly, if you're cutting medical incomes, that's going to drive doctors out of medicine. when he says he's going to cut medical costs, there are only two ways to do that. cut the money that doctors make. bill: well, he has to do that because that's one of the big drivers. >> and that means fewer doctors, or, and, cut back the care. bill: can he cut the price of drugs because the government will buy them in mass? >> yeah, they can, that's a good thing. bill: so it's not all bad....
WHUT (Howard University Television)
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Jul 30, 2009
07/09
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WHUT
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. >> secondly, what the bill says and the blue dogs just negotiated is you cannot pay the medicare rate. now it's going to be part of the house bill. you cannot pay doctors medicare rates. >> so you pay them... first of all, medicare is here, private insurance is here, but you can't pay medicare so you pay medicare plus a few percent? >> sure. >> but still you're going to have the flow of people coming into it. probably >> well, it may result i i havig insurance premiums that would go down. which have gone up 2.5 times the inflation. >> i agree. so so maybe it's not bad to have squeezing down. >> is it your hope... >> met me say one more thing. >> where do you want to go with this? >> let me finish one last thing. every country in the world that has so-called socialized medicine or whatever you want to ca it, you say it's not socialized medicine, okay. every country in the world in the western industrialized world also has private insurance. even in britain which is really socialized medicine, 15% of all the health care dlas are private dollars. so the idea that we're going to squeeze o
. >> secondly, what the bill says and the blue dogs just negotiated is you cannot pay the medicare rate. now it's going to be part of the house bill. you cannot pay doctors medicare rates. >> so you pay them... first of all, medicare is here, private insurance is here, but you can't pay medicare so you pay medicare plus a few percent? >> sure. >> but still you're going to have the flow of people coming into it. probably >> well, it may result i i havig insurance...
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Jul 23, 2009
07/09
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WJLA
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eye 280
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secondly, if you do not set deadlines in this town, things do not happen. >> the focus tonight for nearly an hour was almost exclusively onealth care, and then the last question about henry louis gates jr. it that caused quite a stir. throughout the week, the incident has been discussed in the media and cambridge police insist that gates did not show them his driver's license and home address. he said he did. now this story will be hotly debated. rebecca cooper, abc 7 news. >>> shortly after the speech, some people were surprised presidents but candidly about the controversy surrounding the professor's arrest. >> i think he could have used better language that "stupid late." -- "stupidly." >> he was not there. i do not know that helps the race dialogue in this country. at last check, the cambridge police department has not responded. >>> we're monitoring a developing story from northwest washington where a woman was attacked while jogging through rock creek park. jennifer donelan has the story. >> detectives are not giving a lot of information about the actual attack, but the police are a
secondly, if you do not set deadlines in this town, things do not happen. >> the focus tonight for nearly an hour was almost exclusively onealth care, and then the last question about henry louis gates jr. it that caused quite a stir. throughout the week, the incident has been discussed in the media and cambridge police insist that gates did not show them his driver's license and home address. he said he did. now this story will be hotly debated. rebecca cooper, abc 7 news. >>>...
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Jul 1, 2009
07/09
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CSPAN
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eye 200
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secondly, i think what has happened has completely changed. he is faced with a serious question -- not only has the undermined his office by taking sides, he is accused of mismanagement of a serious crisis. he has to find a way to address those questions that have to do with this leadership. it does not have to do with is he a leader or not. it has to do that he has mismanaged this whole situation in very consequential ways. until he can adjust that, i do not think he can raise his
secondly, i think what has happened has completely changed. he is faced with a serious question -- not only has the undermined his office by taking sides, he is accused of mismanagement of a serious crisis. he has to find a way to address those questions that have to do with this leadership. it does not have to do with is he a leader or not. it has to do that he has mismanaged this whole situation in very consequential ways. until he can adjust that, i do not think he can raise his
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2.2K
Jul 27, 2009
07/09
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and secondly, you know, i'll use the analy of nature.hen a prairie fi burns through t takesut all the big overgrowth a allo all the smalstuff to pop up. why don'te just let the behemot lay down and make oom for the small businesses, thk you. >> that's areatquestion. the problem we have is that in a financial crisis,if youlet the b firms collapse in a disorderly way, they'll bring down t whole system. when hman brothers faid, the financial markets went into anaphylactic shock, sically. it washat shock to the financial system at lead the global recessionhat began last fll, this was probably the worst one since world war ii, so it wasn to help the big rms that we intervened it was to table lyze theinancial sysm and protecthe entire global economy. nowou might ask, you know, what's the dl? y are we doing that? it's a terrible proble it's aroblem called th too big to fa problem. these companies hav turned out to b too big to allow to clapse. becase again, if they collapse the, when the ephant falls down, allhe gra getscrushed as well. we real
and secondly, you know, i'll use the analy of nature.hen a prairie fi burns through t takesut all the big overgrowth a allo all the smalstuff to pop up. why don'te just let the behemot lay down and make oom for the small businesses, thk you. >> that's areatquestion. the problem we have is that in a financial crisis,if youlet the b firms collapse in a disorderly way, they'll bring down t whole system. when hman brothers faid, the financial markets went into anaphylactic shock, sically. it...
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Jul 23, 2009
07/09
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CNBC
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secondly, credit card write-offs we're going to see in the upcoming months. >> i think good signs, nore are good signs, but you've got to hedge your betts in the banking area because it's not done yet. >> what do you think? i look at bnp paribas coming to the table. what's your position on that company? >> i put bnp in a small group that would include hsbc and bunkasaradar. they're three organizes that i think are doing extremely well. very well diversified and huge operationses in emerging markets. and that's the key thing is that most of the revenue egz coming in from emerging markets in this particular downturn, you need to focus on those operations. >> now, the area which i regard as most tricky are the swiss banks because they will be deeply uncomfortable. where do you sit on the two companies? >> i would never have suspected that years ago. we've seen a huge change there. secondly, i think they need two large organizations simply because they're wealth managers and that's what they're focusing on. i am, however, concerned about the lawsuit that's going on with ubs because there
secondly, credit card write-offs we're going to see in the upcoming months. >> i think good signs, nore are good signs, but you've got to hedge your betts in the banking area because it's not done yet. >> what do you think? i look at bnp paribas coming to the table. what's your position on that company? >> i put bnp in a small group that would include hsbc and bunkasaradar. they're three organizes that i think are doing extremely well. very well diversified and huge...
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Jul 13, 2009
07/09
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would it be fair to say efficient market theory is worse than orthodoxy and actively theology and secondly there once was a wonderful belgian american economist named robert driven and he predicted way ahead of his time that there was a terrible dilemma awaiting the american economy. where were the roberts preparing us for what came in the last few years? thank you. >> starting with robert triffin who live down very well. the last ten years of his life he didn't do economics anymore. he was just interested in history, just as a sideline. but did triffin say? the world has a dilemma because you're dependent on the dollar to keep the machine going and if you don't create another mechanism to get the liquidity for the world economy you will always depend what the americans are doing. that is basically what he said and basically where we are today. it's a little too easy and that isn't because i'm here in the american audience to blame the united states for all these situations. there was nobody obliging european banks to buy the sub prime, you created it, the american banks created but there
would it be fair to say efficient market theory is worse than orthodoxy and actively theology and secondly there once was a wonderful belgian american economist named robert driven and he predicted way ahead of his time that there was a terrible dilemma awaiting the american economy. where were the roberts preparing us for what came in the last few years? thank you. >> starting with robert triffin who live down very well. the last ten years of his life he didn't do economics anymore. he...
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Jul 15, 2009
07/09
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and secondly, really, i think he sees if he says he's not going to run for re-election is some kind of admission of wrongdoing, that he did something wrong, and he's unwilling to say that beyond the fact of the initial statement he made at that press conference weeks ago. i don't think we should take that seriously either. i don't believe he's actually fully engaged, going for re-election. i believe he thinks he has to say that, lest he show some kind of weakness or some admission that something else might be out there. >> and with each passing day, the silence from republican colleagues gets more and more deafening here. jon rolston, host of "face to face with jon rolston," thanks very much for coming on the show tonight, jon. >> thank you. >>> the investment bank goldman sachs posted huge second quarter earnings of over $3.4 billion. i guess all that tarp money of ours is really paying off, huh? the banking industry is so grateful to the american people that they are making it their top priority to kill president obama's consumer protection program. thanks for all that money. elizabe
and secondly, really, i think he sees if he says he's not going to run for re-election is some kind of admission of wrongdoing, that he did something wrong, and he's unwilling to say that beyond the fact of the initial statement he made at that press conference weeks ago. i don't think we should take that seriously either. i don't believe he's actually fully engaged, going for re-election. i believe he thinks he has to say that, lest he show some kind of weakness or some admission that...
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Jul 18, 2009
07/09
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secondly we have over a 90% consumption rate within black and hispanic communities. >> of income. >> yes. what we're doing is sometimes using debt to purchase things that we don't need to impress people we don't like so we have to make sure we're being a lot more diligent about what we have to make sure we can save and start thinking more toward the future. >> we all need to be more diligent i think. barb, i want to dig into your study a little more here. you have another interesting finding i was surprised by and that's who invests in stocks and at what rate. tell us your findings and what they tell you. >> right. when it came to how much people invested in equities, we saw a disparate especially among the african-american community where less money was going into stocks overall and we saw this consistently across age. you look at age and can argue that people at younger ages should be invested more in stocks but regardless of age we saw a difference there. >> i think that's fascinating. you know, i have to ask you. the madoff headlines, what's gone on in the financial markets, is i
secondly we have over a 90% consumption rate within black and hispanic communities. >> of income. >> yes. what we're doing is sometimes using debt to purchase things that we don't need to impress people we don't like so we have to make sure we're being a lot more diligent about what we have to make sure we can save and start thinking more toward the future. >> we all need to be more diligent i think. barb, i want to dig into your study a little more here. you have another...
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Jul 10, 2009
07/09
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secondly, over 2/3 of that money isn the curre system, we're not taing about new mone and we also think that a lot ofhe implementation of health technology to ler medical errors andake people althier and the implementation of llness and prevention sategy will save llions of dollars ase go forward,nd they are not scored by congre. we've got somedditional saves on the horizon if we ca truly achieve comprehensive refo. >> susie: whato you seeas e biggest obstacle to getting the health ce bill rough congress? >> well, i think it's getting a bill through the house and the senate they're approaching itn slightl dierent fashions. i'mncouraged by the number of cmon ground issu that are emerging, how to address the unhered population with the ne health exchange marketplac the fact that smallusiness owners need to be protected and encouragedto t into the marketplace, buildi on the buildi blocks o the current empler based plan and strenhening that. how we move forward with prevention a wellness care. so there are a lot of common themes around hering all americans and lowering costs for everyone. >
secondly, over 2/3 of that money isn the curre system, we're not taing about new mone and we also think that a lot ofhe implementation of health technology to ler medical errors andake people althier and the implementation of llness and prevention sategy will save llions of dollars ase go forward,nd they are not scored by congre. we've got somedditional saves on the horizon if we ca truly achieve comprehensive refo. >> susie: whato you seeas e biggest obstacle to getting the health ce...
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Jul 15, 2009
07/09
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CNBC
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secondly, i feel like talking to you all about trickle down, you just will not release this notion the trickle-down theory works. >> please don't speak to me! >> it's trying to talk you out of the fact the tooth fairy doesn't exist. >> don't speak for me. i'm the economist here. >> this president -- >> it's my time to be the one, i just have to say, thanks to the real deal squad, come on again, let's fight some more. breaking news from the "wall street journal" tonight, cit negotiating details on a multipart aid package. more info when it comes in. will government ever step back and let someone fail? more "cnbc reports" coming right up. >>> merrill lynch agrees with dennis, i quote, the recession is over. that's the title of an important merrill newsletter released today.y. coming up, more bright spots coast-to-coast as we go "across america." >>> also tonight, sarah palin's big pushback against cap and trade. is this her ticket to get on the side of big business? we're back in two minutes. come on in. you're invited to the chevy open house. where getting a new vehicle is easy. because
secondly, i feel like talking to you all about trickle down, you just will not release this notion the trickle-down theory works. >> please don't speak to me! >> it's trying to talk you out of the fact the tooth fairy doesn't exist. >> don't speak for me. i'm the economist here. >> this president -- >> it's my time to be the one, i just have to say, thanks to the real deal squad, come on again, let's fight some more. breaking news from the "wall street...
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Jul 3, 2009
07/09
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secondly, one can expect renewed and redoubled commitment to take the measures necessary to assure that the world economy stays on a path of positive, economic growth. which is to say commitments to do additional measures. if necessary, if there's a turn for the worse and continue to work at the ongoing problem of stabilizing the banking system and addressing the challenges of legacy assets and some of the major banking institutions around the world. out of that series of discussions will also be some reference to it. the finance ministers issued to weeks ago about the need for some forward-looking thinking on exit strategies from some of the many extraordinary measures that have been taken today with which all of you are well familiar. third, there will be strong endorsement, one would hope and expect, of the ongoing work commissioned by the g20 but undertaken by various bodies including the oecd, the i.m.f., the financial stability board, in the areas of financial market, architecture, regulatory reform, the treatment of tax havens, efforts by other bodies to address the challenges of
secondly, one can expect renewed and redoubled commitment to take the measures necessary to assure that the world economy stays on a path of positive, economic growth. which is to say commitments to do additional measures. if necessary, if there's a turn for the worse and continue to work at the ongoing problem of stabilizing the banking system and addressing the challenges of legacy assets and some of the major banking institutions around the world. out of that series of discussions will also...
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Jul 12, 2009
07/09
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secondly, and this i think is a very important one, in the bill, the ftc is given the authority to enforce federal consumer credit laws but not the regulations passed by the cfpa privacied fda regulations over time will become much more important then the consumer credit regulations. it is really critical that the ftc get the authority to enforce the regulations that are passed by the cfpa. there's also a consulting power in there. a requirementok and that is correct, and i hope on an informal basis the agency takes account of the fact that the ftc, which enforces unfair and-- gains a particular type of experience in understanding that is vital, vital to setting those rules. secondly, the state ag's have authority but that mechanism for remedies needs to beç clarified because right now the section 1055 powers, it is unclear whether those are bootstrapped into the enforcement. finally, in its rulemaking authority the news cfpa desperatelyeeds detailed and express and clear invested tory powers. otherwise, the data that is brought to bear on what the rules are will be data held by the indus
secondly, and this i think is a very important one, in the bill, the ftc is given the authority to enforce federal consumer credit laws but not the regulations passed by the cfpa privacied fda regulations over time will become much more important then the consumer credit regulations. it is really critical that the ftc get the authority to enforce the regulations that are passed by the cfpa. there's also a consulting power in there. a requirementok and that is correct, and i hope on an informal...
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Jul 22, 2009
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anything that thrtens to stop that is goingo gore an awful lot of sacred cows secondly, this a major battle for control of t high ground in american politics,and everybody in washington knows that. if obama gets this through, carter, clnton, they all failed. if obama wins, h's on an eraordinary roll. if he's defeated, this is a major defeat for him and a victory fothe republicans, combined the ser difficulty and the politic and you have t a recipe for trouble. >> woodruff: amy, the obama people ve said over and over again they have studied what the clintons went through in the ealy 1990's, th they were determed not to sa mistakes agin. what's ppened with that? >> well, this doesn take place in a vacuum a this is not the same environment in which clinton was trying to put his health care plan through. the first issueere is that barack obama's alread used a l of his political capital on passing the stimus, on auto ailouts odoing mo for the ban, et cetera, so he's ready spent a lot of that and his line of credit with voters is running o a little bit. he still ha very strong appral ratin
anything that thrtens to stop that is goingo gore an awful lot of sacred cows secondly, this a major battle for control of t high ground in american politics,and everybody in washington knows that. if obama gets this through, carter, clnton, they all failed. if obama wins, h's on an eraordinary roll. if he's defeated, this is a major defeat for him and a victory fothe republicans, combined the ser difficulty and the politic and you have t a recipe for trouble. >> woodruff: amy, the obama...
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Jul 1, 2009
07/09
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secondly, you talk about reaching out to mainstream muslims. a much harder target our non mainstream muslims. he had ideas about how to reach out and improve the image of the united states with muslims who may be on the fringes, and have strongly held and perhaps negative views of the united states? >> part of the way in which i look at things, the lands in which i look at things, and if you look at the diversity of islam in america, it is multifaceted. our mosques are in every state of our nation. muslim-americans are more -- are for more than 80 different ethnic backgrounds. when you think about approaches for engagement, i think about that. there is no one bullet that will fix everything, not one program that will engage all muslims. it is understanding what is taking place on the ground. it is finding opportunities to get to know what others are saying and thinking and dreamy and bleeding. acting as a facilitator and an intellectual partner, the might of the united states is not just one way, it is to waste -- how do you bring ideas togethe
secondly, you talk about reaching out to mainstream muslims. a much harder target our non mainstream muslims. he had ideas about how to reach out and improve the image of the united states with muslims who may be on the fringes, and have strongly held and perhaps negative views of the united states? >> part of the way in which i look at things, the lands in which i look at things, and if you look at the diversity of islam in america, it is multifaceted. our mosques are in every state of...
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Jul 10, 2009
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secondly -- secondly, i agree with the senator.that should not prevent -- if i can get this passed it should not prevent us from passing and putting it in here. if they want a referral of this bill on this issue, i don't have any problem with that. but we're talking about a comprehensive health care bill, which is called health care reform, and i can't believe that we would have a comprehensive one without solving this problem that is eating us alive economically without any real justificati justification. look, i practice law. i was a trial lawyer. i'm proud of that. most trial lawyers are very honest, decent people. without them we vunta a lot of justice in this country. i'm the first to stand up to them but this is a messy area that's gone way overboard and i don't care who you are. if you think it through, you're going to say, yes, something need to be done. this is an attempt to try and do something. we're talking about well over a trillion dollars here by the time you do the right thing. people are starting to catch on to thi
secondly -- secondly, i agree with the senator.that should not prevent -- if i can get this passed it should not prevent us from passing and putting it in here. if they want a referral of this bill on this issue, i don't have any problem with that. but we're talking about a comprehensive health care bill, which is called health care reform, and i can't believe that we would have a comprehensive one without solving this problem that is eating us alive economically without any real justificati...
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Jul 10, 2009
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secondly we all know there is another cat scans and mri in the medical devices.these are important devices, we can do without them but they are all realize and for many reasons one of which is medical liability. there are other reasons to. they can make a lot more money and pay for the machines and to a lot of things but the fact is most of these are trying to build that history and that record so they can show that if somebody has an and pleasant that result by the can at least argue that it wasn't because they failed to do something that should have been done. in the process i said 30 years ago that i believe that unnecessary defensive medicine was in the neighborhood of $300 billion a. that was 30 years ago. the ama at that time in a recall correctly admitted to $60 billion to imagine what it would really be when the ama actually in knowledge that there was probably 60 billion. it was many times in that and they know it and i know it and anybody who has try these cases knows it. today is, then that and have become so dependent upon unnecessary defensive medici
secondly we all know there is another cat scans and mri in the medical devices.these are important devices, we can do without them but they are all realize and for many reasons one of which is medical liability. there are other reasons to. they can make a lot more money and pay for the machines and to a lot of things but the fact is most of these are trying to build that history and that record so they can show that if somebody has an and pleasant that result by the can at least argue that it...
WHUT (Howard University Television)
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Jul 24, 2009
07/09
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secondly, in terms of the spendout rates, 8% of the money has already been obligated. so $220 billion, roughly 40 in tax relief and $180 billion on the spending side, more than a quarter of the total has been obligated. this was intended to ramp up and if anything it's slightly ahead of schedule according to the government accountability office. third, what is the economic impact of that? goldman sachs and other private analysts suggest the recovery act is adding 3% to g.d.p. in the second and third quarters. in other words, g.d.p. is likely to... we'll have the numbers out later this month for the second quarter, it's likely to be better than what was happening in the fourth quarter of last year when g.d.p. was falling 6% or in the first quarter of this year. >> rose: what do you expect it to be? >> private sector forecasters are expecting 1% to 2% decline. and since a freefall minus 6%, let's say slight stabilization at minus one to two, if you take the private sector analysis of the recovery act, a lot of that difference from minus six to minus one to two is due to
secondly, in terms of the spendout rates, 8% of the money has already been obligated. so $220 billion, roughly 40 in tax relief and $180 billion on the spending side, more than a quarter of the total has been obligated. this was intended to ramp up and if anything it's slightly ahead of schedule according to the government accountability office. third, what is the economic impact of that? goldman sachs and other private analysts suggest the recovery act is adding 3% to g.d.p. in the second and...
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Jul 10, 2009
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secondly there issues related to the lack of infrastructure and information technology. there is a definite need for one definite strategic national stockpile facility in navajo area, there is also a need for adequate information technology that would allow us to process data collection and also to analysis including disease recording and reporting systems. right now we have to wait and look for one entity for a certain report and didn't and then at the end try to bring in altogether. there are issues related two culturally specific information communication system. for example, one-third of the navajo population speaks navajo language. this means that someone has to take the time to translate information. once the information is translated then we have to disseminate the information and the available mass media that we have is local radio station, it is very useful. we have a radio station, very use all and other produce stations in border towns and then we also had to resort to some of the staff within it now home bioterrorism program and we have one individual, a lady
secondly there issues related to the lack of infrastructure and information technology. there is a definite need for one definite strategic national stockpile facility in navajo area, there is also a need for adequate information technology that would allow us to process data collection and also to analysis including disease recording and reporting systems. right now we have to wait and look for one entity for a certain report and didn't and then at the end try to bring in altogether. there are...
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Jul 27, 2009
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and secondly, you know, i'll use the analogy of nature.hen a prairie fire burns through t takes out all the big overgrowth and allows all the small stuff to pop up. why don't we just let the behemoths lay down and make room for the small businesses, thank you. >> that's a great question. the problem we have is that in a financial crisis, if you let the big firms collapse in a disorderly way, they'll bring down the whole system. when lehman brothers failed, the financial markets went into anaphylactic shock, basically. it was that shock to the financial system that lead the global recession that began last fall, this was probably the worst one since world war ii, so it wasn't to help the big firms that we intervened it was to table lyze the financial system and protect the entire global economy. now you might ask, you know, what's the deal? why are we doing that? it's a terrible problem. it's a problem called the too big to fail problem. these companies have turned out to be too big to allow to collapse. because again, if they collapse, the
and secondly, you know, i'll use the analogy of nature.hen a prairie fire burns through t takes out all the big overgrowth and allows all the small stuff to pop up. why don't we just let the behemoths lay down and make room for the small businesses, thank you. >> that's a great question. the problem we have is that in a financial crisis, if you let the big firms collapse in a disorderly way, they'll bring down the whole system. when lehman brothers failed, the financial markets went into...
WHUT (Howard University Television)
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Jul 7, 2009
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tavis: secondly, we know why iran is so interesting for us as a news story every day.t makes them great fodder for a novel? >> i've visited iran in 2006 as a journalist, wrote columns from their fort "the washington post." i found the place so fascinating and different from what you would imagine. we have seen things. what interested me the past several weeks is the surprisingly open society, a place where people can be very critical of their leaders. when i went to the holy city south of tehran, i heard ayatollahs they're announcing the leader, saying he was on the wrong path, did be trained the islamic revolution -- that he was betraying the islamic revolution. these are the same ayatollahs who are leaders, denouncing the regime for what he feels our mistakes. it is a place where there is much more debate and format -- ferment. i have been so moved watching the iranians in the streets, risking their lives. it has been tragic to watch the protests suppressed, but i think it will continue. i think something now has really broken and iran that cannot be fixed. the regim
tavis: secondly, we know why iran is so interesting for us as a news story every day.t makes them great fodder for a novel? >> i've visited iran in 2006 as a journalist, wrote columns from their fort "the washington post." i found the place so fascinating and different from what you would imagine. we have seen things. what interested me the past several weeks is the surprisingly open society, a place where people can be very critical of their leaders. when i went to the holy...
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secondly, we need to take another look on security in the neighborhoods of russia. in ukraine in south caucuses and central asia. we mentioned turkmanstan, that's in a situation where both the bush administration and current administration doesn't have an ambassador. that's a scandal. why won't we not only have an ambassador there, but probably start working on getting the president [inaudible] can you repeat? we need to get him here. and start talking seriously about gas. otherwise all the gas will go to russia. so there are many things on energy security, on hard security, on money laundering and finances that can be done. but i would rather not spend time on that at this juncture. >> ok, take one more question. >> hi, from american progress, this question is for mr. sanders. this question has come up of the u.s. president and government and state department can be so eager to repair things with russia in wake, and that certain issues and interests fall to the way side. my question is do you think it's highly likely that human rights or rule of law in russia is an
secondly, we need to take another look on security in the neighborhoods of russia. in ukraine in south caucuses and central asia. we mentioned turkmanstan, that's in a situation where both the bush administration and current administration doesn't have an ambassador. that's a scandal. why won't we not only have an ambassador there, but probably start working on getting the president [inaudible] can you repeat? we need to get him here. and start talking seriously about gas. otherwise all the gas...
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Jul 12, 2009
07/09
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secondly, there is at least in zabul province where i spent more than a month, tremendous tension between the police, the afghan police force and the afghan national army, because the police see the army as a force that's had all these resources poured into it, and yet, is not taking the fight to the enemy in the way that the police, and indeed, their u.s. mentors, feel that the afghan national police are. >> is there -- you talked about resources, and one of the things you obviously talked about in your book was whether or not the right resources and the planning was happening. is, now, do the forces there have the tools they need, the training they need, and the resources they need to get the job done? >> the most important two resources are troops and time. and as we've just discussed, there are 21,000 additional troops in southern afghanistan now, and with any luck, the afghan national security forces will be able to supplement those in the near to midterm future. the other important resource is time. the insurgents strategy is fairly clear, which is to try to wait out the u.s. effort
secondly, there is at least in zabul province where i spent more than a month, tremendous tension between the police, the afghan police force and the afghan national army, because the police see the army as a force that's had all these resources poured into it, and yet, is not taking the fight to the enemy in the way that the police, and indeed, their u.s. mentors, feel that the afghan national police are. >> is there -- you talked about resources, and one of the things you obviously...