co-sponsors and the office of the city attorneys that has worked diligently on this and my office, sheila done a tremendous job in helpings to -- helping to put this together. >> thank you. before i ask kristin choo to speak, it is the amended motion and 56 is the amended that deletes the set aside. are we all on the same page? >> thank you. colleagues, i have been one of the advocates along with the other co-sonsor of this measure for comprehensive reform. i don't think there is anyone in this chamber who does not think that muni and the m.t.a. needs very significant reform. i was very happy to use my name as a co-sponsor of this. i am very pleased today to help announce that the mayor's office, the m.t.a. and others have reached an agreement today on a set of four reforms that to help advance all of our shared goal s of improving the m.t.a. and fully restoring muni service. what i would like to do is describe what the aspects are, those immediate reforms that we can put into place starting today. first of all, there is now going to be a plan for muni service restoration such that by dec

sheila, independent line. caller: yes, my name is sheila. and all i wanted to do is share with your listeners our situation so they can see just how challenging this government is going to be, and whether you are democrat or republican or independent, we absolutely have to start holding our representatives accountable to us. it is not us and then -- us and them, it is us. we send people to washington and they are executing plans and are not held accountable. we on a farm. i family had this farm since 1771. it has been passed down seven generations. and i am in severn closing out the property we inherited from a family member who recently passed away. so, we now have two properties. the property in winslow, because these home values were run up and the phantom equity that we supposedly have by bank appraisers sent out working for banks, we now are taxed on our farm back almost a million dollars. because the taxes and property values are so high on this farm, our insurance home was put for half a million dollars for home replacement. we have t

signed, sheila bear. -- she loved -- sheila bair. these additional resources, along with the ending of the t.a.r.p. program, which will be warmly received given the strong suggestion that we had an amendment that was adapted them -- unanimously, offered by michael bennett of colorado, that offered ending the t.a.r.p. program. it was over a longer period of time. we of our expressed our views on that in one degree or another. the date of determination is there. that is the proposal to my senate colleagues that we will like to send to our colleagues in the other body for an alternative pay for provision which i hope would be warmly received as a better idea. whether you like all of the bill or not, it is a better alternative than the one i debt -- adopted in the wee hours of friday morning when we began this conference. now turn to senator shelby. >> it seems to me that chairman dodd is proposing a budget gimmick to get a better score from the cbo over a limited period of time. deposit insurance, if it is centrally -- if it is surely i

geithner's g-20 compensation principles, sunshine regulations at the sec when it comes to compensation, sheila bair waging a war with the banks that deal with the fdic, the federal reserve with this new guiding principles on pay -- i think that's entirely too much attention has been placed on what i am doing. the only impact on pay is from these other pervasive initiatives rather than what i did with seven companies. >> does it follow that we should have the guidelines you mentioned by binding rules on what pay can be at least in terms of incentive structure? >> i don't think so i don't think that the government should be in the business of micro managing paper every company is different, i learned that. culturesume that the and the compensation attitudes are the same from wall street bank to wall street hedge fund to wall street financial institution. i don't like the idea, i don't think, of government doing what i did. it was all right for this purpose. but i don't think government has the ability to analyze all the various components that can be found company to company to company. i think

the tough regulators like sheila bear and others have said this. what simon johnson said we have to break up the bank. he ignores a couple things in this. again, we ban, this was driven by mortgages being given outside the banking system on the whole. by non non-banks, some banks wee abusive. we make that illegal. that's enough to the discretion of the regulators. there will be no more of this inappropriate effort to push people into homes they couldn't afford. we severely, we say you can't make all these loans and then sell the whole loan. we also say that there i don't know crises. let me tell you, you look at aig which was a precipitating crises for this. we banned what aig did in a number of ways. i think mr. johnson if he really that said i'm disappointed. yes he wanted us to break up all the bank. i agree with paul volker and others to break up every institution right now at an economy that's still just recovering, to force massive fire sales all at once could have been destabilizing. instead we substitute up to bad practice. aig no longer wi

except to mention that i wanted to acknowledge my colleague, sheila jackson lee, a senior member who has helped us craft not only the legislation in the manager's amendment and along with her and our colleague from florida, corrine brown, we've been able to make some modifications that have been generally agreed to by many of the members in the committee. we reached an understanding and -- although we've not developed statutory language. with that, mr. speaker, i would reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from texas. mr. smith: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. smith: mr. speaker, although i believe this legislation is well intended, i have serious concerns about h.r. 5503 and the process under which it is being considered today. it is important that b.p. and other responsible parties pay all costs associated with the oil spill and that they be held fully accountable for this catastrophe of the 11 lives tragically lost in the explosion on the deepw

conyers, sheila jackson lee, maxine waters, charlie rangel and mel watt. on pass of the organizations and members of congress who support s. 1789, i urge my colleagues to support the legislation and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from texas. mr. smith: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. smith: mr. speaker, those who fail to learn the lessons of history often pay a price. unfortunately, the real cost usually falls on others. in the 1980's america faced an epidemic created by a new potent form of cocaine known as crack. its abuse spread through major cities and across the country at a stunning speed. along with crack came guns and violence which riddled many urban communities. these communities cried out for help, and in 1986 congress responded. we enacted tough penalties to protect these neighborhoods and bring an end to the scourge of crack cocaine. and the penalties helped make america's communities safer. now, c

joins me almost every monday night, who brings a wealth of information to this body, the honorable sheilajackson lee from the state of texas, the gentlewoman from texas. ms. jackson lee: mr. speaker, it's a pleasure to be with you this morning and i thank you for your leadership this evening as we discuss with our colleagues a very important crisis that is now approaching that i hope our message tonight really provides the stop gap, the finger in the dike, if you will, that is about to overrun itself and that is the numbers of americans who are crying out to this congress to do the right thing. i thank the gentlelady from ohio for her persistent leadership and her timeliness, because this is a very, very important need that needs action and it needs action now. and i guess i would like to add to this definition of what unemployment benefits are and what it means to extends them and the numbers of -- extends them and the numbers of -- extends them and the number of americans who are waiting for those benefits to be extended and the extension is simply adding to the 26 weeks that are now ex

. -- congresswoman sheila jackson lee. ms. jackson lee: madam speaker, i ask to address the house. let me thank the gentlelady from ohio and i'm very glad to follow on the theme that congresswoman kaptur of ohio spoke to and the note that she ended on, recognizing that we have to do more. there is pain out there, but to actually say to the american public that our president, president obama, and this administration with this democratic caucus, has created more jobs in the last 18 months than were created in the tenure of the last administration, i don't know how many times we have to say that, but allow me to say it one more time. this administration, president obama's administration work this democratic caucus, has create more jobs than the last administration in their entire tenure and that was eight years. let me also cite for my colleague and let me as well express my appreciation in joining the congressional black caucus, the special hour we have participated in and educated really the american public. i thank you for your leadership. chairman bernanke spoke last week at a num

lee: i yield one minute to the the gentlewoman from texas, sheila jackson lee. the speaker pro tempore: the gentlelady is recognized for one minute. ms. jackson lee: i rise strongly to support the barbara lee amendment which i'm a co-sponsor. and this is about the orderly withdrawal of our troops. we lost 58,000 men and women in vietnam, now today we have the opportunity to do what congress should do, not to give an unending mandate or a war, which is this is not. if we are looking after the terrorists, al qaeda is not there. our intelligence authorities, general petraeus has indicated there are less than 100 al qaeda terrorists there. there are snurts and the taliban. it is well known if you give to the taliban the mountains and valleys that have been given by general mcchrystal, you still will lose this war. $37 billion is in this bill. we must do what were did in see vietnam and not cry after the fact. yes, we salute the young men and women and thank them for their service. i have been to afghanistan many times. now it's time to invest in the afghan people an

. >> sheila girl your wife. >> i carry somebody up the stairs when i'm 81 that it uremia. >> speakingeddings the wedding of the century. chelsea clinton getting married. between three and $5 million week they said. >> leave her alone. >> she's managed to stand of the waiter radar even this wedding she chose a small town in new york. they close the air space. this is a huge deal. >> you'll have a real story have hillary and bill spends time in the same room. that's the same story. >> shall see told him to lose 15 lbs. he can make the scene he says it's not about him it's about chelsea. >> i can go all the way back to presidential offsprings. leave the bush girls alone. >> we knew her when she was 12 and the white house now she's 30. >> leave nixon alone house ad for democratic spirit weren't truthful as a this but i'm going to stake out chelsea clinton's wedding. nobody should care. >> but that's why they close the air space. >> in tennessee the top of his head. >> and your way address. >> leave the kids alone. >> what we think of helen leaving american idol so quickly and say she does

the sec and commissioner shapiro with her transpancy rules, sheila bair at the fdic, the federal reserve, there's a lot more going on on executive pay than my limited role. that's one reason there hasn't been a human cry. the other reason there hasn't been much criticism at all is because, after all, these companies survive because of the american taxpayer. so when you talk to other corporate officials, their basic approach to me is i have no problem with what you're doing. those companies only maintained their financial ability because the taxpayer came to the rescue. why shouldn't they have their pay set? don't touch my pay. but in terms of those seven companies, why not? the taxpayer is a creditor of those companies. why shouldn't there be some say in what these companies get paid? now, because of that there hasn't been a great deal of criticism. i am somewhat surprised at the degree of interest in what i'm doing. why if i'm only establishing pay for a very small number of people is there such interest in well, i think there is a reason. again, two reasons. first, at a time of great e

oil spill, congresswoman sheila jackson lee. ms. jackson lee: i'm proud to join multiple friends from a number of states in america but more importantly i'm glad pob tart of the team working with the congresswoman, our leadership and the president that focuses on creating jobs for americans. that's an exciting message for all of us. i'm delighted to sort of dash the misstatement that was been going on about what we have accomplished here and if i might just be redundant and cite the fact that the private sector has created 83,000 jobs in june but i'd like to add something else, congresswoman. i think you've seen this number as well, that this has been one of the best quarter for corporations in terms of profit. it is well known and of course many of us encourage individuals to save money and to invest, but i think it's particularly important for the american public to know that our corporations have money. we've created the right economic atmosphere for them to grow. they decided to not create all of the jobs they could. i would lik

the sec and commissioner shapiro with her transparency rules, sheila bair at the fdic, the federal reserve, there's a lot more going on on executive pay than my limited role. that's one reason there hasn't been a human cry. the other reason there hasn't been much criticism at all is because, after all, these companies survive because of the american taxpayer. so when you talk to other corporate officials, their basic approach to me is i have no problem with what you're doing. those companies only maintained their financial stability because the taxpayer came to the rescue. why shouldn't they have their pay set? don't touch my pay. but in terms of those seven companies, why not? the taxpayer is a creditor of those companies. why shouldn't there be some say in what these companies get paid? now, because of that there hasn't been a great deal of criticism. i am somewhat surprised at the degree of interest in what i'm doing. why if i'm only establishing pay for a very small number of people is there such interest in well, i think there is a reason. again, two reasons. first, at a time of great

. >> sheila. >> wow. >> i think it is, right? >> you said it with authority. >> it is, exactly.heck of the weather mr. roker. >> that's right. you'll see today basically looking at sunshine in the great lakes, cold front's moved through beautiful there, cleveland, 79 today, sunny in los angeles with 9, as well. showers and thunderstorms along the gulf. tomorrow, slight risk of strong storms mid-mississippi river valley, sunny and hot weather up and down the west coast. mild conditions in new england and sunny and hot mid-atlantic states. humidity level a bit lower. . at's >> and there's a live look at the san mateo bridge. we have some hazy skies heading across the bridge. mid span of the san mateo and bay bridge is running into fog this morning. 65 san francisco, 78 around san jose. places like morgan hill out to the trivalley, messenton and livermore warming up a notch or two today. tomorrow i think the warming will be a bit more noticeable inland with 80s popping up and as we head through the weekend the sea breeze turns stronger, we start to cool down next week, first few da

lee: i yield o minute to the the gentlewoman from texas, sheila jackson lee. the speaker pro tempore: the gentlela is recognized for one minute. ms. jackson lee: i rise strongly to support the barbara lee amendment which i'm a co-sponsor. and this is about the orderly withdrawal of our troops. we lost 58,000 men and women in vietnam, now today we have the opportunity to do what congress should do, not to g+ive an unending mandate or a war, which is this is not. if we are looking after the terrorists, al qaeda is not there. our intelligence authorities, general petraeus has indicated there are less than 100 al qaeda terrorists there. there are snurts and the taliban. it is well known if you give to the taliban the mountains and valleys that have been given by general mcchrystal, you still will lose this war. $37 billion is in this bill. we must do what were did in see vietnam and not cry after the fact. yes, we salute the young men and women and thank them for their service. i have been afghanistan many times. now it's time to invest in the afghan people and th

>> sheila. >> mama wolf is in the house. you've got to tell me some stories. >> matt?al. thank you very much. >>> when we come back, the father of phoebe prince speaks out for the first time. what he wants from the teens who allegedly bullied his daughter to death. have you tried honey bunches of oats yet? every spoonful is a little different. mmm. they got three kinds of flakes. this is delicious. it's the perfect combination of sweet and crispy. i love it. this is so good. this is great. the magic's in the mix. if you fight to sleep in the middle of the night, why go one more round ? you don't need a rematch, but a rethink. with lunesta. lunesta is thought to interact with gaba receptors associated with sleep. lunesta helps you get the restful sleep you need. lunesta has some risk of dependency. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep without remembering it the next day have been reported. abnormal behaviors may include aggressiveness, agitation, hallucinat

sheila bair at the fdic, the federal reserve. there's a lot more going on than executive pay than my limited role. that is one reason. the other reason there has not been much criticism at all is because, after all, these companies survive because of the american taxpayer. so when you talk to other corporate officials, their basic approach to me is -- i have no problem with you are doing. those companies only maintain their financial stability because the taxpayer came to the risky. why should they not be able to say do not touch my pay? but in terms of the seven companies, why not? the taxpayer is the creditor of those companies. why should there not be some say in what these companies get paid? now, because of that, there has not been a great deal of criticism. i am somewhat surprised at the degree of interest in what i am doing. why, if i am only establishing pay for a very small number of people, is this such interest? well, i think there is a reason. again, two reasons. first, at a time of great economic uncertainty, populis

sheila jackson lee. >> thank you very much, mr. chairman. this has been enormously instructive on what are our steps going forward. some of the most descriptive and disturbing stories about the treatment of the disabled in a variety of ways. i think it is important to remind ourselves everyday that justice anywhere it is -- that in justice anywhere is injustice everywhere. i would hope that you'll continue to build the story. that is how legislation is passed. i do agree on the social security income threshold. i think what you're saying is that it is so that people can become independent. and let people do not know that, if he were to lose the ssi or social security, you also lose access to services. it is not just income. people want to be independent. i think that is when to be particularly strong with respect to lt. colonel gregory's constituents. but oppose this question to go down memory lane for a second. you mentioned your sister. could you give us a sense of what it would have been for tara if we had had the ada in place and whether