will get steve forbes a response.uest: right now, there are several parts of your observations, in terms of the banks today because of the federal reserve having a virtually zero-rate policy which i think is a mistake -- banks have no incentive to lend money. they get it virtually free and then can buy government bonds yielding up to 3%. that is a very nice spread. that is one reason why the system is not working. another reason why the system is not fully working yet is because while the president urges banks to lend his regulators are going into banks and telling them to get more capital and tighten standards. banks are getting a contradictory message. they the other one i get in trouble with their regulars by simply buying deposits and buying government bonds. if the markets were working at the banks would have to pay a true market rate for your interest. in terms of mortgages and how they work, when you say how about a 20-year mortgage were you pay half of it after 10 years -- the very careful because that would f

will get steve forbes a response.ight now, there are several parts of your observations, in terms of the banks today because of the federal reserve having a virtually zero-rate policy which i think is a mistake -- banks have no incentive to lend money. they get it virtually free and then can buy government bonds yielding up to 3%. that is a very nice spread. that is one reason why the system is not working. another reason why the system is not fully working yet is because while the president urges banks to lend his regulators are going into banks and telling them to get more capital and tighten standards. banks are getting a contradictory message. they the other one i get in trouble with their regulars by simply buying deposits and buying government bonds. if the markets were working at the banks would have to pay a true market rate for your interest. in terms of mortgages and how they work, when you say how about a 20-year mortgage were you pay half of it after 10 years -- the very careful because that would front-lo

is it on the bookshelves now, steve forbes?est: it is, and also you can get it onlnle from >> tomorrow morning, we will discuss a report on paying for the war in afghanistan with lawrencrom the center for american progress. also, the lettuce on the senate health care debate with two centaurs. following that, a discussion on the future of conservatism with james gilmore, the president of the free congress foundation. and later, the hope now alliance on home foreclosures. washington journal is live every morning at 7:00 a.m. eastern here on c-span. this month, the senate has continued work on a health-care bill. here is how you can follow the debate. watch it live, gavel-to-gavel, uninterrupted and commercial free, only on c-span2. here the highlights on c-span radio. and go to our health care hub on line 3 complete video archives, including the debate on the bill and the amendments, briefings from the leadership and other key senate doors, and the latest from reporters and editors. and for iphone users, follow it with the new c-

will get steve forbes a response.ve to lend money. they get it virtually free and then can buy government bonds yielding up to 3%. that is a very nice spread. that is one reason why the system is not working. another reason why the system is not fully working yet is because while the president urges banks to lend his regulators are going into banks and telling them to get more capital and tighten standards. banks are getting a contradictory message. they the other one i get in trouble with their regulars by simply buying deposits and buying government bonds. if the markets were working at the banks would have to pay a true market rate for your interest. in terms of mortgages and how they work, when you say how about a 20-year mortgage were you pay half of it after 10 years -- the very careful because that would front-load the principle and would end up having to pay both principal and interest. a big jump in the first 10 years. the monthly payment would end up being higher rather than the traditional 20 or 30 year. ho

is it on the bookshelves now, steve forbes?est: it is, and also you can get it onlnle from >> early this morning, a democratic changes to the senate health care bill passed the procedural vote, a 60-40, and debate continues today. more procedural votes expected to bar about 7:15 in the morning and wednesday at 1:00 in the afternoon, while bachus currently scheduled -- final passage of the crow is scheduled for christmas eve. key democratic senators are holding a news conference on the bill today. majority leader harry reid, max baucus, chris dodd, and tom harkin all expected to be there. we will have that for you live on c-span. why now, a conversation about corporate spending on political activities. the system today's "washington journal." -- this is from today's "washington journal." for political accountability, here to talk about his efforts to get corporations to release and unveil their political spending. why is it important to know about how a corporate entity, a corporation spends money politically? guest: it's very i

[captions copyright national cable satellite corp. 2009] >> tomorrow on "washington journal," steve forbes talks about his new boat and then bruce freed talks about how much corporation spent on politics. live but seven of the a.m. -- live at 7:00 a.m. eastern. the senate continued work on the health care bill, and here is how you can follow the debate. watch live gavel-to-gavel, unedited, and commercial free on c-span 2. listen to the highlights on c- span radio, and review the debate at the health care ohub. and the latest from the reports and -- reporters and editors from the roll call group, and now iphone app users can listen and comment using vanilla iphone -- using the iphone app. >> on christmas day, the legacy of apollo 11, a discussion of the role of muslim americans and the world, and later a former cia intelligence officer on strategy in afghanistan, and starting at 8:00 a.m. eastern, remember the lives of william buckley, jr., and ted kennedy. >> c-span's book, "abraham lincoln," a perfect gift for the history buff in your life. it is a unique perspective from 56 scholars, jou

. >> tomorrow on washington journal, a formal presidential candidate steve forbes talks about his new book. and then bruce fried. after that, a look at the attitudes of young americans with the harvard institute of politics. washington journal, live on c- span. >> this week, head of the motion pictures association of america dan glickman on efforts to reduce. >> up next, european parliament president joins the economy and economic future of the european union. this is just over an hour. >> i hereby resign the meeting and i would like to welcome the president, but before we start the minutes of yesterday's meetings are already available. are there any objections or comments to the mets? >> since there are no objections, the minutes shall be adopted and we shall move on to the next item on the agenda . we will start with part 1. the question is one minute. but will be a response that will last as 30 seconds as well. >> >> the expectations 2020 have been set very high. the citizens themselves expect progress and expect jobs to be created. a specific proposals for strength and small enter

. >> this morning steve forbes talks about his latest book. bruce frieeed with his efforts o

there is plenty of time before your calls tomorrow morning and our guest includes steve forbes president and ceo of "forbes." 7:30 a.m. eastern he will be on four fell hold our. also the center for political accountability he will talk about the pressure to o 1/2 big businesses disclose on how much they spend. also the polling director from