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Jun 13, 2010
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i think thaa most members of the majority feel like there needs to be heavier imprint by the government or a tighter government control. government management.%- but you're right. in certain respects, consumer protection not to be a bipartisan issue. . we believe there ought to have done better oversight, regulation, and that the capital requirements or insufficient. a lot of them are greatly over leveraged. we could agree on that. we all agree on transparency in derivatives and other fiiancial instruments, more disclosure. on consumer protection, i think we all agrre that over the past years that it has not been a priority for our regular -- our federal regulators. credit cards ere addressed. we felt a lot of things we were rolling to address -- we were willing to address. i proposed a bill and i think it could have stopped a lot of damage.+ i wanted a safe harbor and some of the democrats would not agree with it. >> do you see any republicans not supporting it in september now supporting it? you believe there will be any house rrpublicans to support the bill at this time? >> there are
i think thaa most members of the majority feel like there needs to be heavier imprint by the government or a tighter government control. government management.%- but you're right. in certain respects, consumer protection not to be a bipartisan issue. . we believe there ought to have done better oversight, regulation, and that the capital requirements or insufficient. a lot of them are greatly over leveraged. we could agree on that. we all agree on transparency in derivatives and other fiiancial...
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Jun 16, 2010
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the president's repeated statements thaa in july of 2011, we will begin withdrawal. this obviously sends a message to our enemies that we are leaving, and our friends that we are leaving. and then there is accommodation in the region. i guess maybe, could you clarify the difference between what you just said and what is quoted in the book that are direct quotes? i am confident we can train and hand over in that timeframe. if we can't do the things you say, no one is going to suggest that we stay, right? that is a quote from the president of the united states. >> senator, i am not sure it is% productive to comment on conversations that took place. >> i understand that. >> i would come back to what the president said at west point. that is something that i support. that is that july 2011 is not the date where we race for the exits. it is the date where having done an assessment, we begin a process of transition of tasks to afghan security forces based on conditions. and we began a processsof irresponsible drawdown of our forces. >> do you believe that we will begin a d
the president's repeated statements thaa in july of 2011, we will begin withdrawal. this obviously sends a message to our enemies that we are leaving, and our friends that we are leaving. and then there is accommodation in the region. i guess maybe, could you clarify the difference between what you just said and what is quoted in the book that are direct quotes? i am confident we can train and hand over in that timeframe. if we can't do the things you say, no one is going to suggest that we...
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Jun 16, 2010
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the fact thaa he died does not mean it that his work and the importance of his work died with him. >> there are many individuals who worked with him -- >> i appreciate that. it is 2010. it just seems to me that when you include his phone number in your plan for a response, that you have not taken this responsibility seriously. the same is true for you. is it an embarrassment to conoc o-phillips to have this as a part of your plan? >> the plants need to be updated more frequently.. -- the plants need to be updated more frequently. audit -- the plans need to be updated more frequently. obviously it is an embarrassment. >> it seems that the only technology youuare relying on is a xerox machine to put together your response plans. there was no effort to make sure that if the catastrophe occurred, you would be able to respond. and you, mr. mckay, in the first week, your company developed a document that showed that your range of possibilities for an accident was 1000 to 14,000 barrels per day, and yet your company continually in the first week lowball the the number and said that it was on
the fact thaa he died does not mean it that his work and the importance of his work died with him. >> there are many individuals who worked with him -- >> i appreciate that. it is 2010. it just seems to me that when you include his phone number in your plan for a response, that you have not taken this responsibility seriously. the same is true for you. is it an embarrassment to conoc o-phillips to have this as a part of your plan? >> the plants need to be updated more...
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Jun 23, 2010
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and as a result, the congressional budget office tells us thaa it will significantly reduce our future deficit. some claim that those savings are imaginary. i know my good friend dave walker has some concerrs about them and i think they are correct concerned because we're concerned that congress will cave to pressure and revoke the bills cost-cutting provisions. that is a risk that we must avoid. but the people making that argument are also the very same people bringing the political pressure we're supposed toobe afraid of. they are the same people who complained about out-of-control spending, and then turned around with the false and demagogic claim that we were cutting their medicare benefits. critics of health care reform simply cannot make both of those attacks and remain, i think, -pintellectually honest. the house also passed two important bills to reform defense procurement. one to cut unnecessary spending from weapons acquisition, which president obama has signed, and one to cut it from contracting, which is awaiting action in the our defense leaders including secretary gates h
and as a result, the congressional budget office tells us thaa it will significantly reduce our future deficit. some claim that those savings are imaginary. i know my good friend dave walker has some concerrs about them and i think they are correct concerned because we're concerned that congress will cave to pressure and revoke the bills cost-cutting provisions. that is a risk that we must avoid. but the people making that argument are also the very same people bringing the political pressure...
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Jun 22, 2010
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the speaker pro tempore: the clerk will report the title of thaa resolution. the clerk: house resolution 1369, resolution recognizing the significaace of national caribbean american heritage month. the speaker pro tempore: pursuaat to the rule, the gentleman from illinois, mr. davis, and theegentleman from nebraska, mr. smith, each will control 20 minutes. the chair recognizes the gentleman from illinois. mr. davis: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks. the speaker pro tempore: without objection. mr. davis: now, mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. davis: thank you very much, mr. speaker. before i begin i know that representative barbara lee who is the author of this resolution had wanted to be here to express her position on it. unfortunately she could not. therefore i would ask unanimous consent that her statement be included in the record. the speaker pro tempore: the gentleman's request will be cove
the speaker pro tempore: the clerk will report the title of thaa resolution. the clerk: house resolution 1369, resolution recognizing the significaace of national caribbean american heritage month. the speaker pro tempore: pursuaat to the rule, the gentleman from illinois, mr. davis, and theegentleman from nebraska, mr. smith, each will control 20 minutes. the chair recognizes the gentleman from illinois. mr. davis: mr. speaker, i ask unanimous consent that all members may have five legislative...
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Jun 12, 2010
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everybody knew, the legislators knew, thaa advanced services was the way things were going. they were hoping that they would get more local competition. they were replacing anti-trust restrictions on the bell ccmpanies with regulatory provisions that would promote competition. the fact remains todayy that in most markets around the u.s., we monopoly, although some are, for march typically a duopoly -- but more typically a duopoly for wireless internet access. >> in 1934 the government decided to regulate the telephone industry. it said to the telephone industry, you shall have a monopoly. in return for that, you shall not have competition, but you shall have regulation. later, congress said, you shall no longer have a monopoly, but you will be freed froo regulation since there will be competition. that has resulted in enormous consumer choice. 95% is covered in america with broadband ccess. no company in the industry has 3 our entire industry has only a 43% share internet access market. typically, antitrust standards are when companies reached 70%- 80% share, they are a mono
everybody knew, the legislators knew, thaa advanced services was the way things were going. they were hoping that they would get more local competition. they were replacing anti-trust restrictions on the bell ccmpanies with regulatory provisions that would promote competition. the fact remains todayy that in most markets around the u.s., we monopoly, although some are, for march typically a duopoly -- but more typically a duopoly for wireless internet access. >> in 1934 the government...
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Jun 16, 2010
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thaa has brought us to where we are right now. host: he is a republican from new jersey, scott garrett. the coverage on c-span will be live on c-span 3. we would join the conference in progress. it will be around 11:00 a.m. republican line, kansas. caller: with all of the bills that have come up in recent years, there are things that congress agreed with. it is such a big bill that you do not get any progress made, because everything is not agreed on. can the bill be strong -- smaller still you can agree on certain points and it can go through? guest: that is an excellent question. that is how the majority wants to do it. this bill is 1500 pages. on thursday we began our hearing. when it got to make, i asked for a show of hands of anyone who has read all of the pages. nobody raised their hands that they read the bill. host: have you read it? guest: i have read the sections we are dealing with. if you have not read it, how can you say it is a great thing? host: the conference committee will deal with corporate governance? is that t
thaa has brought us to where we are right now. host: he is a republican from new jersey, scott garrett. the coverage on c-span will be live on c-span 3. we would join the conference in progress. it will be around 11:00 a.m. republican line, kansas. caller: with all of the bills that have come up in recent years, there are things that congress agreed with. it is such a big bill that you do not get any progress made, because everything is not agreed on. can the bill be strong -- smaller still you...
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Jun 13, 2010
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we can understand thaa because of the interconnectivity. or companies that depend on a federal guarantee or a deposit other ins -- goatitory -- the capital requirements were in sufficient, and a lot of them we could agree with. we would also require more disclosure on some instruments. i think we all agree over the past years that has not been a priority for our f he had regulators and a lot of people have been hurt. credit cards were addressed. a lot of times we were willing to address them like i was with subprime lending and proposed a bill. that bill i think could have stopped a lot of damage. but i wanted a right to cure in there. i wanted a safe harbor, and some of the democrats wouldn't agree to it, although chairman frank and i had come to an >> did you sense any republicans who had not supported it in december that are now supporting, and unless there are the large changes you have just suggested, there you think there are any republicans that will support it? >> not in any number. it is too intrusive. it takes decisions away tradi
we can understand thaa because of the interconnectivity. or companies that depend on a federal guarantee or a deposit other ins -- goatitory -- the capital requirements were in sufficient, and a lot of them we could agree with. we would also require more disclosure on some instruments. i think we all agree over the past years that has not been a priority for our f he had regulators and a lot of people have been hurt. credit cards were addressed. a lot of times we were willing to address them...
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Jun 16, 2010
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bring up the cap and trade bill again on the house floor, because i would prefer that it fell, rather thaa the past by the seven of the margin that it did last summer -- seven a vote margin that it did last summerr but that is not what we are here to discuss. we are here to discuss what each of the witnesses think what -- think went wrong on the deepwater horizon rig. let us not forget what is at stake, jobs, the environment, and national security. three years ago, when bp was caught discharging into lake michigan, i joined with my colleagues to beat back the attempted pollution of our latk. we worked together to solve the problem. we need a similar but partisanship here today. the gulf of a mexico accounts for almost 1/3 of u.s. oil production. if we eliminate that supply, the dependency on foreign oil will indeed go up. saudi arabia will be happy. hugo chÁvez and mahmoud ahmadinejad will be popping champagne, but the consumers will rrmember the good old days when gas was only four dollars per gallon. i asked secretary salazar to ask what went wrong on that the deepwater horizon rig. he s
bring up the cap and trade bill again on the house floor, because i would prefer that it fell, rather thaa the past by the seven of the margin that it did last summer -- seven a vote margin that it did last summerr but that is not what we are here to discuss. we are here to discuss what each of the witnesses think what -- think went wrong on the deepwater horizon rig. let us not forget what is at stake, jobs, the environment, and national security. three years ago, when bp was caught...
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Jun 22, 2010
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and they are going tootreat a black man like thaa? guest: this is part of the why the conservative -- the right was not fond president bush. some on the left have been by president obama. they have been disappointed. overall, many are saying, give break. he has done aa lot for what was on his agenda. he has accomplished most of it. he has more to do. republicans believe the has helpedspending them tremendously. they will try to get one chamber bbck this fall. joe bideeen said a while [captions copyright national cable saaellite corp. 2010] [captioning performed by national captioning institute] >> on tomorrow's "washington journal," national journal talks with general mcchrystal following the general's comments in "rolling stone" magazine and congressman john shadegg and ed schultz. "washington journal" live tomorrow morning at 7:00 eastern on c-span. and now a look at the local >> the environmental protection agency is here as well to talk about the protocol and how the quallty of the water is and wildlife and fisheries is here and b
and they are going tootreat a black man like thaa? guest: this is part of the why the conservative -- the right was not fond president bush. some on the left have been by president obama. they have been disappointed. overall, many are saying, give break. he has done aa lot for what was on his agenda. he has accomplished most of it. he has more to do. republicans believe the has helpedspending them tremendously. they will try to get one chamber bbck this fall. joe bideeen said a while [captions...
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Jun 14, 2010
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guest: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and effective relationship with the lebanese government and with the llbanese armed forces. they are a series institution in the country. we have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need to continue to give them training and to one day be a substitute to hezbollah. in terms of engaging with hezbollah, i mean just that. we talked to virtually everyone in lebanon, but we do not talk to hezbollah. and i think weeare weakening our own hand by not talking to them. we do not know very much about them because we do not deal with them directly. we do not know with their differences and divisions are. i am sure they are there. we will learn more by talking to them and we might see some advantages that currently we are blind to. this is not a bush policy or an obama policy. it has been a consistent policy
guest: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and effective relationship with the lebanese government and with the llbanese armed forces. they are a series institution in the country. we have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need to continue to give them training and to one day be a...
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some teachers will teach they're separate but equal, thaa's another hour to talk about it. i don't believe they're equal, but they are separate. to argue that they're separate and having students watch the news and hear that the president doesn't want to enforce immigration law because he doesn't agree with it that he wants to hold law enforcement hostage until the american people accept his form of amnesty, a president doesn't get that kind of discretion. the president's job is to enforce the law. the attorney general's law is -- job is to enforce the law. john morton's job as heaa of i.c.e. is to enforce the law and secretary of homeland security janet napolitano's job is to enforce the law. because you disagree with the law means nothing. you enforce that law. you're a law enforcer. that's how our constitution is set up. that's the power invested in them. if our founding fathers had wanted them to be legislator, they woull have written it into the constitution. if the people in this country wanted them to be legislators, i can tell you what they would have done. they wou
some teachers will teach they're separate but equal, thaa's another hour to talk about it. i don't believe they're equal, but they are separate. to argue that they're separate and having students watch the news and hear that the president doesn't want to enforce immigration law because he doesn't agree with it that he wants to hold law enforcement hostage until the american people accept his form of amnesty, a president doesn't get that kind of discretion. the president's job is to enforce the...
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Jun 6, 2010
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the european market to our trade and the agriculture area, are you concerned about projections about thaa, the health of that trade relationship in the next year or so? >> well, you're obviously concerned about the european economy because it has repercusions throughout the global economy. but we are very aggressive in other parts of the world. two of our best trading partners are mexico and canada. weved a very robust set of commitments from china recently in the grain area. we're seeking to reopen markets in japan, korea and taiwan for some of our beef and pork products. we're having renewed discussions with russia on poultry. so there are opportunities for us outside of the e.u. that are significant and important and we'll continue to work to expand those opportunities to make new partnerships, new arrangements. one of the reasons the president is focused on the transpacific discussions is a way of multilaterally engaging in new trade opportunities. there are free trade agreements that hopefully congress will be able to work on and ultimately ratify in the very near future in panama, c
the european market to our trade and the agriculture area, are you concerned about projections about thaa, the health of that trade relationship in the next year or so? >> well, you're obviously concerned about the european economy because it has repercusions throughout the global economy. but we are very aggressive in other parts of the world. two of our best trading partners are mexico and canada. weved a very robust set of commitments from china recently in the grain area. we're...
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Jun 13, 2010
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i understand thaa may be the archbishop's gift basket did not get to you. [laughter] i promise we can make it right. [laughter] about the appropriateness of reprisal. i think my earlier answer as to why the baggage boys were not combatants -- they were mere children -- belleek answers the claim that the judgment of the global crimes court has anything to do with it. >> i am surprised to hear you say that. i thought you would have said that the baggage boys phyla your material support statute. -- baggage boys violates your material support statute. >> that are not terrorists. we thought about whether wee should have this sort of statute. you have to acttvery carefully with these things. ultimately, the record is very clear. we know this from gower. the king was aware of the killing of the luggage boys when he orddred the killing of the pows, in addition to the -- >> how can that be? in act 6 he ordered the killing of the prisoners. in act 7, for the first time he learns of the baggage boys. he says in act seven, after he has ordered the prisoners killed, "i
i understand thaa may be the archbishop's gift basket did not get to you. [laughter] i promise we can make it right. [laughter] about the appropriateness of reprisal. i think my earlier answer as to why the baggage boys were not combatants -- they were mere children -- belleek answers the claim that the judgment of the global crimes court has anything to do with it. >> i am surprised to hear you say that. i thought you would have said that the baggage boys phyla your material support...
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Jun 28, 2010
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when we say thaa we are all in this together, we mean it.the first challenge for this budget is to set the fiscal mandate. in other words, our overall objective for the public finances. the previous government had two fiscal rules, one for debt and one for the current budget. they were supposed to force chancellors to set aside money in the good years so that they could borrow sustainably when the economy turned down. they completely failed in that task. as this is the last budget in which this golden rule will appear, i would like to be the last chancellor to report on it. we are set to miss the golden rule in this cycle by £485 billion. we now know the intrinsic weakness in backward-looking fiscal rules: past prudence was an excuse for future irresponsibility; and the judge of the rules was the very same chancellor they were supposed to be restraining. we propose a more credible approach. our fiscal mandate will be forward-looking, and the judge of whether we are on course to meet it will be not the chancellor, but the independent office f
when we say thaa we are all in this together, we mean it.the first challenge for this budget is to set the fiscal mandate. in other words, our overall objective for the public finances. the previous government had two fiscal rules, one for debt and one for the current budget. they were supposed to force chancellors to set aside money in the good years so that they could borrow sustainably when the economy turned down. they completely failed in that task. as this is the last budget in which this...
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Jun 14, 2010
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. >> did you have to manipulate thaa video to show that? >> you mean the little shaking of the podium? >> either the shoking of the podium r the fact that they were lowering the podium. >> the shaking of the podium i think was there. the lowering was a little bit of poetic license. >> why did you pick that? >> again, it was interesting to me to see young jack. this was a guy who didn't juss pop on to the scene. this was a guy who was a very confident, political activist. really a zell lot. you can kind of see both the poise he had, his willingness to go before a big crowd, but also the sense he wasn't going to play by the rules or do whhtt other people said. i thought those were the two interesting things about that. he was very interesting in power, very interesting in politics, but not willing to play by other people's rules. episode. >> as you know, when he went to prison, he was supposed to bb -pthere i guess according to wh i read until 2012. he got out this week. how well do you know him and why did he get out early? >> well, my under
. >> did you have to manipulate thaa video to show that? >> you mean the little shaking of the podium? >> either the shoking of the podium r the fact that they were lowering the podium. >> the shaking of the podium i think was there. the lowering was a little bit of poetic license. >> why did you pick that? >> again, it was interesting to me to see young jack. this was a guy who didn't juss pop on to the scene. this was a guy who was a very confident,...
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. >> are you suggesting because of thaa speech he cannot complain about the french killing the prisoners? >> no, your honor, i am making a different point. he knows how to give quarter and when not to give quarter. once given quarter, you cannot continue the barbaric treatment of your prisoners. there is a difference between killing on the battlefield and killing an unarmed, innocent, and non-belligerent prisoner. >> does that not change when the french reinforce their scattered men? was henry's obligation to his prisoners greater than his obligation to his own forces? what if i told you henry was unable to free his men from protecting the prisoners that he would lose the battle? >> there are two points. >> i would like an answer to my hypothetical. would your answer be the same that henry could not order the executions? >> there is an alternative that is less than the slaughter of the prisoners that is recognized in the law at the present time and certainly at the time of the battle. he could have paroled the prisoners. the one thing we know as the french is how to surrender. [laughter]
. >> are you suggesting because of thaa speech he cannot complain about the french killing the prisoners? >> no, your honor, i am making a different point. he knows how to give quarter and when not to give quarter. once given quarter, you cannot continue the barbaric treatment of your prisoners. there is a difference between killing on the battlefield and killing an unarmed, innocent, and non-belligerent prisoner. >> does that not change when the french reinforce their...
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Jun 18, 2010
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once again, it is critical thaa we get the federal regulatory agencies to ask them questions. no information after all these hearings is really disturbing to me. >> mr. burgess, as you know, we have a methodical method we've used in this investigation. you know we have at least two more laerhearings. one was scheduled for tuesday, but at your request and my request, we've moved it back a little more. we'll have all parties here before this committee at the appropriate time. >> clearly, mr. hayward is not prepared to answer the questions, and we need to get mms in here as well. >> mms is not going to help mr. hayward answer the questions. he needs to answer the questions himself. >> any one of us could do his job. >> we're in recess for one hour. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> more about the bp oil spill on the cspan web site. you can see all of tony a word's hayward's testimony from thursday. >> our public affairs content is available on television, radio, and online and you can connect with u
once again, it is critical thaa we get the federal regulatory agencies to ask them questions. no information after all these hearings is really disturbing to me. >> mr. burgess, as you know, we have a methodical method we've used in this investigation. you know we have at least two more laerhearings. one was scheduled for tuesday, but at your request and my request, we've moved it back a little more. we'll have all parties here before this committee at the appropriate time. >>...
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i said to the troops this morning thaa this is not just a battle for oil spillage. this is about somebody's way of life and the people of louisiana. unless you put that face on this bill, you really do not know what you're fighting for. -- on the spill, you really do not know what you're fighting for. >> this is the situation status map. we have numerous layers of defense. we have the source here. it is the red star. the red line is where we spotted oil could it does not necessarily tell you the thickness or if it is recoverable or if it is scam kimmable. we want to eliminate it as close to the source as possible. at the source commo we have our most capable skimming vessels. -- at the source, we have lerma skippable skimming vessels. -- at thh source, we have our most capable skimming vessels. the blackest oil is close to the source. it is fresh and recoverable. further away from the source,+ we're looking at what we call "alternate response technology," such as controlled burning. that has been very successful for a spin we also have room for area dispersants. whe
i said to the troops this morning thaa this is not just a battle for oil spillage. this is about somebody's way of life and the people of louisiana. unless you put that face on this bill, you really do not know what you're fighting for. -- on the spill, you really do not know what you're fighting for. >> this is the situation status map. we have numerous layers of defense. we have the source here. it is the red star. the red line is where we spotted oil could it does not necessarily tell...
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Jun 11, 2010
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katrina, but when homeland security was reorganized, but the chairman and i agree that a committee thaa would give voice important in handling these disasters. senator pryor, you stepped up to lead this committee and senator lieberman is request, and i am very greek -- very grateful. it will be extremely helpful to the outcome of this issue. secondly, i hope that these parish president's and the director, these men who are on the front line of katrina and rita, watching their parishes flood and tteir people suffer. they are now on the front line again. they have been heroic in their efforts to try to give voice and explain the many dimensions of this iisue. i hope today that will be given an opportunity to ttlk to senator liebermmn about the balance necessary between what you said, the need for oil and the jobs that they represent from their parishes, but also the need to have a clean and pristine environments or fisherman can operate. i hope hey will give voice to that and talk a little bed about the six month proposed moratorium, what that might do to devastating what jobs are left. i
katrina, but when homeland security was reorganized, but the chairman and i agree that a committee thaa would give voice important in handling these disasters. senator pryor, you stepped up to lead this committee and senator lieberman is request, and i am very greek -- very grateful. it will be extremely helpful to the outcome of this issue. secondly, i hope that these parish president's and the director, these men who are on the front line of katrina and rita, watching their parishes flood and...
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Jun 15, 2010
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that is the sort of tangible progress people in afghanistan want to say to demonstrate thaa life is now better than it was under the taliban, and we have to deliver that as part of the message of security. >> may i commend and support my right hon. friend's determination and commitment to take responsibility for what our armed forces are seeking to achieve in afghanistan? is he aware that there's been a widespread perception that while we are fighting a war in afghanistan they have not been on the same wartime footing with the urgency that our armed servicemen would expect. what will he do to put them on the right footing? and will he appoint a secretary of state who will drive things forward? >> my right hon. friend, we put whitehall on more of a war ffoting by having a national security council and adviser who met on day one, and that is driving the policy. i think that is a difference. that as gotten through to the ministry of the defense. there are a timeline to getting the people back to the front lines. we are doing everything we can to make sure the commitment is really there. >>
that is the sort of tangible progress people in afghanistan want to say to demonstrate thaa life is now better than it was under the taliban, and we have to deliver that as part of the message of security. >> may i commend and support my right hon. friend's determination and commitment to take responsibility for what our armed forces are seeking to achieve in afghanistan? is he aware that there's been a widespread perception that while we are fighting a war in afghanistan they have not...
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Jun 14, 2010
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by the same token, i wish thaa georgia had jumped right in iraq right from the beginning. everydayythey waited and allow for all these people to investigate and do all of this stuff, do it, do it, do it. i knew therr were nuclear weapons there. i think most people feel of their work. just because they have not found them does not mean they were not there. host: ryan crocker, any response? guest: just to clarify on the front end of that, the bush -pschool here at texas is named after george h. w. bush, the 41st president, and his library is here. -pthee43rd president is establishing his library up in dallas. two separate presidents, two different schools, two different libraries. host: ivan, good morning. caller: george "papa" bush started this madness by invading and bombing the middle east and by staging our american troops in saudi arabia which is mecca. that is where we went wrong.+ ronald reagan created saddam hussein and gave him tens of billions of dollars in military aid. papa bush staated to take him out. that is what started allocated and the jihaddist movement. t
by the same token, i wish thaa georgia had jumped right in iraq right from the beginning. everydayythey waited and allow for all these people to investigate and do all of this stuff, do it, do it, do it. i knew therr were nuclear weapons there. i think most people feel of their work. just because they have not found them does not mean they were not there. host: ryan crocker, any response? guest: just to clarify on the front end of that, the bush -pschool here at texas is named after george h....
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Jun 25, 2010
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but may take a few minutes and give -- let me take a few generaland give thaa response. a lot of work went into this. the house sent over 110 proposals for amendments to the conference-based text. literally, all night, my staff stayed up through the entire evening. they went through these 110 proposals. we accepted 85 of them. a lot of work went into that. 15 of which we modified. there are 25 proposals that we respectfully rejected. i will try to do this quickly and then turned to senator lincoln for any additional comments that she would make. let me go through the high points of our senate counter offer. this package, we believe, will strengthen the capital and margin requirements provided for a more robust swap execution facility and tougher reporting requirements for cleared and uncleared swaps. the proposal will tighten the definition of major swap participants, while providing guidance to regulators to consider and entities collateral and positions in cleared vs uncleared swaps. we ensure that the end users will be exempt from query and exchange-trading requiremen
but may take a few minutes and give -- let me take a few generaland give thaa response. a lot of work went into this. the house sent over 110 proposals for amendments to the conference-based text. literally, all night, my staff stayed up through the entire evening. they went through these 110 proposals. we accepted 85 of them. a lot of work went into that. 15 of which we modified. there are 25 proposals that we respectfully rejected. i will try to do this quickly and then turned to senator...
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Jun 12, 2010
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thaa is live at 10:00 a.m. eastern on c-span3 and radio. >> mr.gorbachev, tear down that wall. >> 23 years ago, president reagan spoke those words at the brandenburg gate in berlin. watch the entire speech today on "american history tv" on c- span3. now, the financial regulation bill. we hear remarks from senator dodd, the banking chair, and the financial services subcommittee chair. this is about one hour. >> let me explain voting on the floor of the house. we will only get underway with chairman frank's permission. we begin opening statements on the senate side. i will make a motion to nominate chairman frank as the chairman of the conference. we will then proceed in the order we have laid out for opening statements to be made by all of our colleagues that are interested in making them. let me say at the outset that this is not a terribly common occurrence it -- to have conference committees. this may be the first time we have had a conference committee on c-span. i think it is a great value to the public of this country. secondly, the basic tex
thaa is live at 10:00 a.m. eastern on c-span3 and radio. >> mr.gorbachev, tear down that wall. >> 23 years ago, president reagan spoke those words at the brandenburg gate in berlin. watch the entire speech today on "american history tv" on c- span3. now, the financial regulation bill. we hear remarks from senator dodd, the banking chair, and the financial services subcommittee chair. this is about one hour. >> let me explain voting on the floor of the house. we will...
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Jun 14, 2010
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guest: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and effective relationship with the lebanese government and with the llbanese armed forces. they are a series institution in the country. we have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need to continue to give them training and to one day be a substitute to hezbollah. in terms of engaging with hezbollah, i mean just that. we talked to virtually everyone in lebanon, but we do not talk to hezbollah. and i think weeare weakening our own hand by not talking to them. we do not know very much about them because we do not deal with them directly. we do not know with their differences and divisions are. i am sure they are there. we will learn more by talking to them and we might see some advantages that currently we are blind to. this is not a bush policy or an obama policy. it has been a consistent policy
guest: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and effective relationship with the lebanese government and with the llbanese armed forces. they are a series institution in the country. we have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need to continue to give them training and to one day be a...
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Jun 17, 2010
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all these countries thaa we go into, somalia, yemen, sudan, these countries have the most to lose because they will be the first countries that will be overthrown. i would appreciate an answer. it is nine years after the attacks of 9/11. guest: thank you. you are very prospect -- perceptive. the financing simply does not make sense. when i visited qatar, dubai, uae -- and i represent hilton head island -- i tell these people that they look like hilton head island on steroids. these people want to live in the 21st century. you are right. usama bin laden's first target was the royal family of saudi arabia. we should expect more from them and work to stop the financing of terrorism. what is frustrating, everywhere you go, you see islamic charities. the vast majority of these charities are working to alleviate poverty in the region, but some are fronts for terrorism. we must depend on our allies for their own self-interest, self preservation, they need to be working with us to uncover the level of terrorist financing. host: we are talking about the state of terrorism. let's listen to an excha
all these countries thaa we go into, somalia, yemen, sudan, these countries have the most to lose because they will be the first countries that will be overthrown. i would appreciate an answer. it is nine years after the attacks of 9/11. guest: thank you. you are very prospect -- perceptive. the financing simply does not make sense. when i visited qatar, dubai, uae -- and i represent hilton head island -- i tell these people that they look like hilton head island on steroids. these people want...
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Jun 22, 2010
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the middle management role and answers questions in a limited role and things like that, i realize thaa when we coordinated with usaid, we wanted a counterpart to the other witness that can speak for the state department. we did not get that would usaid. it will impact the kinds of questions that we will last because ultimately you will take back -- and very early on in my career, i testified at hearings, and they told me, don't mess up. and i was at a low level. i am not looking for comment. what i am looking for here is you to take back our disappointment that state department put you in this position. i don't want you to take the hit that they contacted me and i thought would work could take -- it would work out ok. we thought u.s. it -- usaid would be more engaged and have the right person here. if you would like to put some comments on at the end, please do, but we are going to continue on with the question. mr. zakheim? >> i share the co-chairman of views. but i want point something out for the record. when i was undersecretary of defense, i was asked to testify. i normally showed
the middle management role and answers questions in a limited role and things like that, i realize thaa when we coordinated with usaid, we wanted a counterpart to the other witness that can speak for the state department. we did not get that would usaid. it will impact the kinds of questions that we will last because ultimately you will take back -- and very early on in my career, i testified at hearings, and they told me, don't mess up. and i was at a low level. i am not looking for comment....
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Jun 11, 2010
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. >> we are going to have to work through thaa. we're going to try to get this. >> with all the differences between these major pieces of legislation, we are confident that we will work these out. we have people who are having differences about this -- >> is a your help to keep this issue off of this again? >> there is a strong vote in the senate. i do not believe that we will see this in the house and this will be -- in the reality of trying to get in the bill, there is a lot of controversy. >> what about the industrial provisions? >> i think that there are some modifications that will be coming. >> are there any other provisions? >> we have this on the 22nd? >> this is the final vote and we will see this every day. >> thank you all, very much. >> thank you. [unintelligible] >> coming up on c-span, a senate hearing looks into the effect of the oil spill in the gulf of mexico. then a briefing with admiral thad allen. later, "washington journal." >> saturday is the 1-year anniversary of the election in iran. the results were dispute
. >> we are going to have to work through thaa. we're going to try to get this. >> with all the differences between these major pieces of legislation, we are confident that we will work these out. we have people who are having differences about this -- >> is a your help to keep this issue off of this again? >> there is a strong vote in the senate. i do not believe that we will see this in the house and this will be -- in the reality of trying to get in the bill, there is...
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Jun 10, 2010
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the president would like to talk to, if he does, the relevant structure thaa governs the company. that is the chairman of the governance structure. rporate%- >> but all conversations don't have to be about technical matters or legal matters. it could just be reaching out to the ceo of the company. >> there has been contact between thad allen and others with a whole host of people at bp, we have talked about the full redundancy. the top cap is, depending on estimates, physically capable of taking in over a 24 hour time frame 15,000-17,000 barrels of oil. those are not precise numbers. there are other things we believe can and should be done to increase the amount we are capturing. as i talked about yesterday, the normal process, there are choked and chill winds that are supposed to forre the mud into the blowout preventer. we believe those lines can be used to take oil going up into the top cap and out through vents in order to control the pressure, up to the surface at a point which we think it could be saved. the letter went to british petroleum and i hink came back today from do
the president would like to talk to, if he does, the relevant structure thaa governs the company. that is the chairman of the governance structure. rporate%- >> but all conversations don't have to be about technical matters or legal matters. it could just be reaching out to the ceo of the company. >> there has been contact between thad allen and others with a whole host of people at bp, we have talked about the full redundancy. the top cap is, depending on estimates, physically...
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Jun 23, 2010
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host: i was going to ask you about the trade deal, one law thaa you point to, but that is something thatsident bill clinton was in support of. guest: he was, and he made a mistake on that. he also made a mistake on the telecommunications bill. it is where the money is. wherever the money is, you can follow the decision making pattern. i am a true staunch liberal. i am a progressive. i believe it has got to be about the people. i believe that the people's vote has to count, that the people's priority has to take precedent in washington and not the big money. this is where seriously, in my opinion, we are harnessing the country to the true great as we can achieve. host: we will go to sunny politicians, florida. barry, go ahead. caller: i am a longtime democrat and iberal. i agree with everything you said, but what i do not understand is why the middle class and the lower middle class vote reeublican. i can understand that the rich and the millionaires vote republican because that is their interest and they do not care about anyone else. but why does the middle class and the lower middle cl
host: i was going to ask you about the trade deal, one law thaa you point to, but that is something thatsident bill clinton was in support of. guest: he was, and he made a mistake on that. he also made a mistake on the telecommunications bill. it is where the money is. wherever the money is, you can follow the decision making pattern. i am a true staunch liberal. i am a progressive. i believe it has got to be about the people. i believe that the people's vote has to count, that the people's...
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we're doing a miserable job and i believe the root cause of thaa is the fact that we have contract that are all about widgets in the blue-collar assembly line but they have nothing to do with white-collar professionals teaching our children. i would like to see a revamping of the teacher contract. i think we can begin to change the system. >> mr. lynch, do you agree? >> no, it is a combination of problems in addition to the contracts pers. we are failing generations now. when you talk about education, that is an economic development. i think of the next generation of people in an economy that has dropped off so badly. we have to think. i put out a plan about educating the work force. we cannot forget that. you have to start with the school funding formula. there has been a great deal of work on that. they are almost they may be finishing it now has the speed. that is historic the lacking for the last 15 years. that is something we have to revisit. there are a host of other steps we can take. we have to build teachers into the process as well as students to figure out how to provide the
we're doing a miserable job and i believe the root cause of thaa is the fact that we have contract that are all about widgets in the blue-collar assembly line but they have nothing to do with white-collar professionals teaching our children. i would like to see a revamping of the teacher contract. i think we can begin to change the system. >> mr. lynch, do you agree? >> no, it is a combination of problems in addition to the contracts pers. we are failing generations now. when you...
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Jun 15, 2010
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gut: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and efctive relationship with the lebanese government and with the llbanese armed forces. they are a series institution i the country. have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need coinue to give them training and to one day ba substite to hezbollah. in terms of engaging with heollah, i mean just that. we talked to virtually everyone in lebanon, but we do n talk to hezbollah. and ihink weeare weakening our own hand by not talking to them. we do not know very much about them because we do not deal with them directly. we do not know with thei differences and divisions are. im sure they are ther we will learn more b talking to them and we might see some advantages that currently we are blind to. this is not a bush policy or an obama policy. it has been a consistent policy that we do not talk to terr
gut: thaa gives me a chance to expand on my earlier comments. i think we need to do a number of things. first, we have to have a strong and efctive relationship with the lebanese government and with the llbanese armed forces. they are a series institution i the country. have had an uneven relationship over time. we now are in gauged with them and we need to continue to give them training -- we are now engaged with them and we need coinue to give them training and to one day ba substite to...
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Jun 15, 2010
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sosk unanimous consent, speaker, thaa statemt by cong hondin support of the resolution be included in the record. e speaker o mpore: without objection. ms. woolsey: mr. speaker, once again press my support for th20th niversary the alrt einstn distinished ecator llowshiprogram. i want to thank represtative honda for bringing this resotion to the floor and i urge my colleagues to the resolutio i reserve the lance of m me. the speaker prmpor the gentleladreserves the balance of her time. thntleman from wisconsin. . petri: mr. eaker, i yld myself such time as i might coume. the speak pro tempore: th ntleman's recoized. mr. petri: rise in support of the resolution, 1322, celrating the 2h annirsar of the albereinstein distinguished educator fellowship program, recognizing the -- recognizing t sigficant contributions made the albert einstein eows. distiuished educars fellowship program offers current plic or private -- elementary and secondary teachersith demotrated exllencetehingn portunity to serve in the national public picy ara. einstein fellows areelted rough a cpetive selection process
sosk unanimous consent, speaker, thaa statemt by cong hondin support of the resolution be included in the record. e speaker o mpore: without objection. ms. woolsey: mr. speaker, once again press my support for th20th niversary the alrt einstn distinished ecator llowshiprogram. i want to thank represtative honda for bringing this resotion to the floor and i urge my colleagues to the resolutio i reserve the lance of m me. the speaker prmpor the gentleladreserves the balance of her time. thntleman...
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Jun 3, 2010
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unless you never had the technology and the first place, there are few cement walls thaa exist. you have your blocked sites, but that is not a cement wall. that is a poor as well. today what you have is, again, with the exception of north korea, a series of a porous wall street some are more so than others. -- a series of porous walls. more -- some are more so than others. many in silicon valley cannot imagine how the tools they create will be used innovatively. it was not until the berlin wall came down that we really saw flooding of ngo ostensible society organizations into the eastern bloc --. ngos and civil society organizations into the eastern bloc. it could be a company that is entirely come exclusively focused on making money and not on the mission. that could be entirely with thhir focus is. still, they are treating to is that to be utilized as a tool for and power and come -- they a that could beols utilized as tools for in powerpoint, for good or bad. it is to be that it's also cited was -- civil society was ngos. with the fire walls, use of the least prevalence of or
unless you never had the technology and the first place, there are few cement walls thaa exist. you have your blocked sites, but that is not a cement wall. that is a poor as well. today what you have is, again, with the exception of north korea, a series of a porous wall street some are more so than others. -- a series of porous walls. more -- some are more so than others. many in silicon valley cannot imagine how the tools they create will be used innovatively. it was not until the berlin wall...
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Jun 6, 2010
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here is the full list of 10 trends thaa i teach in the book. in the interest of time, we will probably only be able to get to two or three. if you want the skinny on the rest, you will simply have to buy the book. marion mine, graduations are right around the corner -- bear in mind, graduations are right around the corner. i promise you, this is a book that keeps on giving. it is an ideal stocking stuffer for that special catholic in your life. this is an effort to identify it enforces -- to identify ten forces that are full of implications for where the time -pand treasurer of the catholic church is going to be invested in the years and decades to come. this list is an exercise in description rather than prescription. we are working on the level of is rather than ought. it would be interesting to have a conversation about what ten forces we think ought to be propelling us into the world that is now aborning. that is not the exercise i am trying to perform here tonight. my argument is, these really are 10 forces that are enormously important fo
here is the full list of 10 trends thaa i teach in the book. in the interest of time, we will probably only be able to get to two or three. if you want the skinny on the rest, you will simply have to buy the book. marion mine, graduations are right around the corner -- bear in mind, graduations are right around the corner. i promise you, this is a book that keeps on giving. it is an ideal stocking stuffer for that special catholic in your life. this is an effort to identify it enforces -- to...
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Jun 23, 2010
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doing and as i recall in 2006, the republicans lost the majority because democrats convinced them thaa t was the wrong thing to do and you know what? the democrats were right. they appropriately warned the majority because as they said, we should not be deficit spending. you're killing the country, killing the country, and they won the majority in 2006 because they were right. we should nnt have been deficit spending like that. but that went on. so it's interesting to hear just four short years later thattit turns out that what president bush was doing and was encouraging being done is actually the good thing, but i still tend to go back and think% that those of us on the republiccn side that agreed that we needed to get out from under the deficit spending, that we needed to get spending under control, the compassion and spending money to deficit level is not the same thing. it's -- the federal government, like a parent, just throwing money at their kids, thinking that's going to make them happy and everybody will be loving and caring but i happen to agree with my friend, jim dobson wh
doing and as i recall in 2006, the republicans lost the majority because democrats convinced them thaa t was the wrong thing to do and you know what? the democrats were right. they appropriately warned the majority because as they said, we should not be deficit spending. you're killing the country, killing the country, and they won the majority in 2006 because they were right. we should nnt have been deficit spending like that. but that went on. so it's interesting to hear just four short years...
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Jun 12, 2010
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but if we were able to do thaa that might go some way to restoring production in the united states. host: you said aftermath of the recession. is there another dip in the recession or double dip? what's the reality? guest: well, the reality is it's a real concern and you hear estimates of 30% possibility or around that level. i mean, would tend to think it's less likely. but there's a real risk as we get into the second hart half of the year that the high unemployment that we have, the housing market being weak. and we have to see how that does without the tax credit. some of the other stimulus going away. the economy s sort of on life support in a lot of ways in terms of we've seen some improvement but it's with all this government help and the low interest rates from the federal reserve that they're at record low levels. so there is a concern that there would be a double dip. and the people who sort of officially date recessions haven't actually saad that it's over yet. so i think because there would still be signs of weakness out there. host: mir mar beach, florida. next is on ou
but if we were able to do thaa that might go some way to restoring production in the united states. host: you said aftermath of the recession. is there another dip in the recession or double dip? what's the reality? guest: well, the reality is it's a real concern and you hear estimates of 30% possibility or around that level. i mean, would tend to think it's less likely. but there's a real risk as we get into the second hart half of the year that the high unemployment that we have, the housing...
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Jun 15, 2010
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thaa fairlyeliable port, at least they get the history of whether we passed a budget in the house. they said we've always, sinc 1974, passed a budget, yet we wot pass a budget this year. mr. gingrey: if the gentleman wl yield, wreetngac to the iue of, . speake of noen having an intention to pass a budget. i thank thgentmafrom new jersey for bringing that point ut, this is the first ti since at least 197 and te congressnal researchervice is ve accurate in the iormation that they frot meers of coness. i was thinking about, it's been in the news so much, mr. speaker, abt the ewe roe zone those countries of the european union, 27 of them, i guess 23 or 24 are members of the euro zone, they have te going on there in regd to, is well thecronym is pi, stands for the countrieof portug, italy, spain and greece. i' forgetting one i, but in anyegard, the -- grce got this masve bailoutf somethingike $1 billion and the euro zone from the internationamotary fund work the pledged, i think, another $750 bilon worth of bailout becausthese counie that constitute that acm piigs, their debt ratio to e
thaa fairlyeliable port, at least they get the history of whether we passed a budget in the house. they said we've always, sinc 1974, passed a budget, yet we wot pass a budget this year. mr. gingrey: if the gentleman wl yield, wreetngac to the iue of, . speake of noen having an intention to pass a budget. i thank thgentmafrom new jersey for bringing that point ut, this is the first ti since at least 197 and te congressnal researchervice is ve accurate in the iormation that they frot meers of...
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Jun 17, 2010
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of course, they don't seem to care about deficits when it comes to two wars thaa have cost $1 trillion and two tax cuts, mainly for the wealthy, which cost $1.7 trillion, none of that seems to matter. but now the stingy other body says, we might pass this if we can take away $25 a week from all the unemployed. of course, we couldn't take the money from the hedge fund people. that would be too tough on them. when it comes to helping the unemployed, just say we can't afford it. but i wonder if they have truly considered the real cost of abandoning these families. ending assistance to the unemployed or reduce consumer demand right at the point when the economy is struggling to rebound after the worst recession in 70 years. it would surely increase the number of homes that would not go into foreclosure, and it would drive some individuals permanently out of the labor force if we don't do something. all these outcomes will increase our nation's budget deficit, but even worse, they'll bring about a crippling deficit of hope, hope for the future. helping those who have lost their jobs through
of course, they don't seem to care about deficits when it comes to two wars thaa have cost $1 trillion and two tax cuts, mainly for the wealthy, which cost $1.7 trillion, none of that seems to matter. but now the stingy other body says, we might pass this if we can take away $25 a week from all the unemployed. of course, we couldn't take the money from the hedge fund people. that would be too tough on them. when it comes to helping the unemployed, just say we can't afford it. but i wonder if...
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Jun 11, 2010
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[laughter] i'm going to look for an occasion to use thaa. we have a coalition. we have invited people who care about the environment, highly spending, tax reduction, education, housing. if we do not get my colleagues to act in the general direction that has been outlined here, then every other issue i have just talked about will suffer. taxes will go howard. -- taxes will go higher. we will defer between ourselves as to what to do with the savings. we do know that nothiig that any of us want to be possible until we make that start. i want to ask the media. >> how are you going to convince your colleagues to accept some of these concepts? legislatively, how would you go about it? >> very good question. we have an opportunity now because of the deficit reduction commission. there was a proposal that it will come up with a plan and 14 of the 18 members agree with it. if that come it will be presented to congress. we plan to circularized our people to write and say that we will not vote for any such plan unless reductions in military spending are included. we are no
[laughter] i'm going to look for an occasion to use thaa. we have a coalition. we have invited people who care about the environment, highly spending, tax reduction, education, housing. if we do not get my colleagues to act in the general direction that has been outlined here, then every other issue i have just talked about will suffer. taxes will go howard. -- taxes will go higher. we will defer between ourselves as to what to do with the savings. we do know that nothiig that any of us want to...
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Jun 13, 2010
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it meant a way for my child and mm life style -- thaa most 21 or 22-year-olds cannot proviie to their children. offshooe, you make more money than you do on land. that is just a fact. it also meant being able to come home and spend three weeks -- every ay -- with your family. most people do not dead but the weekend -- get but the weekend. our husbands could be with us for three days ---three weeks, doing everything we wanted. >> in louiiiana, you can walk down the street and ask somebody, what do you do for a living? 75% or 80% of hem will say that they work offshore or they nobody -- are they know somebody who works offshore or for transocean. the oil industry is a very large industry in our state and with the coastal states. especially in my home town. like she said, it is one that -- my husband could go outtthere, make good money, ann be at home with me and the girls, and give us his devoted time. we talked about hunting. i had to share that with my husband -- he enjoyed his fair that was definitely one thing that he enjoyed -- was a time at not have to worry about the rig or work.
it meant a way for my child and mm life style -- thaa most 21 or 22-year-olds cannot proviie to their children. offshooe, you make more money than you do on land. that is just a fact. it also meant being able to come home and spend three weeks -- every ay -- with your family. most people do not dead but the weekend -- get but the weekend. our husbands could be with us for three days ---three weeks, doing everything we wanted. >> in louiiiana, you can walk down the street and ask somebody,...
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Jun 20, 2010
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>> congressman, i do agree thaa there is a culture of complacency and on concern for safety issues atthe like of which i have not seen anywhere i have worked. no company is perfectÑi, but its thoroughly embedded and management sets the tone there. people do what management tell them to do. >> in dealing with this, how long did you work with british petroleum? >> i was with british petroleum for approximately six months. >> so it was six months compared to 20 plus years of working with other companies. >> correct. probably 29. >> so a project manager is generally hired on to take on a certain project and work it through to the end, then of the company like your work, you get hired for another project for move on to another company. what are you doing now? >> i am a contractor, and i finished my last project, completed in december of last year. it was an exxon project on shore, and i have been looking since then. >> so you were hired by another major oil or energy company after b p. >> actually i worked for swift, a contractor, and went to exxon as a project -- client representative. >>
>> congressman, i do agree thaa there is a culture of complacency and on concern for safety issues atthe like of which i have not seen anywhere i have worked. no company is perfectÑi, but its thoroughly embedded and management sets the tone there. people do what management tell them to do. >> in dealing with this, how long did you work with british petroleum? >> i was with british petroleum for approximately six months. >> so it was six months compared to 20 plus years...
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Jun 21, 2010
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i am heartened to hear thaa in deposits that could help drive the economy before -- florida and make it a mature player on the world stage. >> any rebuttals? mr. cunningham, the oil pollution act of 1990 was passed shortly after the exxon valdez spill. it limits corporate liability to $75 million in economic damages. in north carolina, our state legislators are considering lifting that cap. would you lift the cap? why or why not for smart >> yes, there should not be a liability cap. if bp caused the pollution, it should pay for it. i think we will hear the president tonight talk about setting up a trust fund, an escrow fund funded by bp. it should be administered by a third party so that bp does not control who is getting payments and win. i also want to make sure that we deal with the fact -- the oil and gas industry has been heavily subsidized and have not done what they should do to develop technologies for the mitigation of spills. the start is lifting that cap. quite frankly, bp off the fire it co over what has happened. -- bp ought to fire its ceo over what has happened. >> i a
i am heartened to hear thaa in deposits that could help drive the economy before -- florida and make it a mature player on the world stage. >> any rebuttals? mr. cunningham, the oil pollution act of 1990 was passed shortly after the exxon valdez spill. it limits corporate liability to $75 million in economic damages. in north carolina, our state legislators are considering lifting that cap. would you lift the cap? why or why not for smart >> yes, there should not be a liability cap....
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Jun 25, 2010
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the phone, have no ethnic informations on the screen there looking at -- they are looking at, other thaa the voluntary submission of ethnicc information. every process has a very prescribes series of steps that one goes there to gather information, get them into a long modification they can afford. that is the way the hamp program works. h the non amp programs are set up -- the non-hamp programs are set up the same way. >> i find it incredulous but you do not think african-american borrowers were steered into these high-priced loans. let me ask the rest of the panel. the you agree with mr. heid or do you think -- and do you agree with mr. heid or do you think these people were disproportionately impacted by racist policy? have you seen any evidence that people were disproportionately impacted based on their race? >> congressman, i believe you raise a very important point. i believe that in economic downturns -- that a hardship can be disproportionate in minority communities. here is what i would say. we did not do anything that would distinguish between race, origin, sex, or any of those
the phone, have no ethnic informations on the screen there looking at -- they are looking at, other thaa the voluntary submission of ethnicc information. every process has a very prescribes series of steps that one goes there to gather information, get them into a long modification they can afford. that is the way the hamp program works. h the non amp programs are set up -- the non-hamp programs are set up the same way. >> i find it incredulous but you do not think african-american...
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Jun 11, 2010
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but i want to emphasize, whatever tools said thaa we're given, and there are real questions about that, value based questtons and other questions. we will use them as well as we can consistent with the guidance to prevent every single one of these things. >> on that point, there are two totally divergent narratives of the last several months. one of them, the public one, that you hear, prettily in conservative circles, goes we went for many years without a successful attack on the there were, in tte last several months, two near misses that failed only because of luck. and this is connected in some sense to a retreat from a war paradigm and back toward a law enforcement paradigm. on the other hand, the sense you get when you drove around the justice department, for example, as people really have a sense that there have been enormous operational successes and you hear phrases that the president can say on television, but i cannot say on television, in terms of taking parts of the enemies anatomy. i am curious how you assess -- how you assess it. i am not asking for operational details,
but i want to emphasize, whatever tools said thaa we're given, and there are real questions about that, value based questtons and other questions. we will use them as well as we can consistent with the guidance to prevent every single one of these things. >> on that point, there are two totally divergent narratives of the last several months. one of them, the public one, that you hear, prettily in conservative circles, goes we went for many years without a successful attack on the there...