that will make the long-term tracking a lot more informational in the future. that is really not happening right now. i think that should be done as a way of augmenting the information being gathered where the fishing is now being permitted again. it is there that people have the greatest concerns, where the soil was more heavily concentrated. people want the most information gathered so there can be an understanding in the long term of the impact, not just on the fish, of on the seafood aches, the co -- of the seafood egg cup of the ecosystem at the bottom of the ocean, not just the fish that can process the dispersant. there are others that can process it less quickly. we would have a better understanding of it if we made massive testing of it right now where the fishing is still closed. >> have you did you have been asked whether you will eat golf seafood. have you answer that? >> i have had seafood every day for the past seven days. i think we have to have some confidence that, where the fda is acting, they are acting in the best public interest. i say that

that will make the long term tracking a lot more informational in the future.hat is really not happening now. i think that it should be done as a way of augmenting the information being gathered with the fishing is now being permitted. it is there that i think people have the greatest concern -- where the oil is most heavily concentrated, people want the most information gathered. so that there can be a long-term understanding, not only on the fish, but on the eggs, the ecosystem at the bottom of the ocean, the dispersants and the oil as interesting, not only with the fish able to process the dispersant through their system, but others that process it less quickly. in my opinion, all that could be better understood if we did massive testing right now where the fishing areas are still closed. >> would you eat the gulf coast seafood now? >> i would eat it where the epa has determined it to be saved. i have had seafood every day for the past seven. i think we have to have some confidence that where the fda is acting, they're acting in the best public interest. but

this is the long-term unemployment rate. we have gone back 60 years. you can see the level long-term unemployment relative to the labor force is well above its previous peak and way above the experience we have had over most of the. . -- our most of period . we now -- our projection of the unemployment rate after we think we are back to the potential level of output is 5.0%. a couple of years ago it was four 0.8%. we of actually nudged up our projection of lower german unemployment rate in part for this reason. there is a box in the economic factor that talks about lingering effects of the recession. this is one of the effects we discussed there. i think it is very uncertain at this point how significant the longer-term effects will be. there are more straightforward effects through lower investment. it lowers our assessment of potential output. that is more straightforward because it is more familiar and the possible effect on the labor market of long-term unemployment. we have talked in other reports we have done about the need in this recovery for th

this is the long-term unemployment re. we have gone back 60 years. you can see the level long-term unemployment relative to the labor force is well above its previous peak and w above the experience we have had over most of the. . -- our most of period . we now -- our projection of the unemployment rate after we think we are back to the potential level of output is 5.0%. a couple of years ago it was four 0.8%. we of actually nudged up our projection of lower german unemployment rate in part for this reason. there is a box in the economic factor that talks about lingering effects of the recession. this is one of the effects we discussed there. i think it is very uncertain at this point how significant the longer-term effects will be. there are more straightforward effects through lower investment. it lowers our assessment of potential output. that is more strghtforward because it is mo familiar and the possible effect on the labor market of long-term employment. we have talked in other reports we have done abo the need in th recovery for there to be ne

says the long term consequences of the disaster. from choking on toxic fumes to breathing normally once again this summer's wildfires different from those in previous years the disaster was not only widespread but highly visible especially in the capital a blanket of smoke covered moscow for several weeks so too did it envelop the country's economy to its sure the situation is very severe as about a quarter of all grain fields in the country have dried up as a result of the drought unfortunately many firms are now on the verge of bankruptcy the government has already agreed to provide financial help to agricultural producers who were faced with hard times the government responded by banning wheat exporter until beyond of the year it sent world grain prices to their highest for two years the danger is that given we have been through two thousand and seven two thousand and eight and we saw prices precede rises in other prices of commodities the danger is that financial markets start to anticipate price growth in other commodities and

that implies the long-term impacts are minimal. compounds that have heavy metals, chloro-carbons that do not degrade to do have long term and has been no petroleum does the great, and fairly rapidly. my problem with all of this toxic testing is that what changes so much through its journey into the mormon. at which point the you take to look at the testing? most of the time you take the most toxic part of the oil, the early, fresh oil, as opposed to the weathered oil. in some cases were you have the very heavy crude, not in this spoke, but as in the exxon valdez, the residual component of that oil may have a residual toxicity. it is a complex question, but we have a great opportunity to study if there will be long-term impacts from this spill. we cannot go into the environment in release large quantities of oil. the mineral management service has generated royalty income to the pro-government of billions of dollars. virtually all of it has been spent on not understanding the environment. almost none of tloheing at a den environment.

the short term the facts of the wildfires have been quickly reflected in the price tags of some essential foods and while customers can already feel how much cleaner their wallets have become this summer the long term effects of the catastrophe are still to be cost it. over fifty people died in the fires while the death rate in other small crowded regions has doubled it is hard to mosco alone some seven hundred people were dying each day the long term effect on the health of august want to be known for years when you have forest fires now. only if you have the smog but you've also got carbon monoxide and you've got small particles which are in just a dent alarms and cause problems breathing the country's ecological lungs are badly damaged to eight hundred thousand hectares a forest fire in an area the size of cypress morton yes they can be planted but it will take time for them to grow it will take several decades to make up for this loss we've lost the lungs of the moscow region i mean the woods contributing to air purification and oxygen production which is a considerable blow against the environment of the metropolis. what took decades to grow has been obliterated in one long hot summer now

but if you get the coulter and understand the long -- the culture and the long term vision of a companyat is what is about. tavis: you do not want people calling zappos trying to order pizza slightly in the braided late at night. -- e. inebriated late at night. but it had to make you feel good that your company delivered while your client was on the phone. >> and it still does make me feel good. tavis: [laughter] you mentioned earlier that you have a program that you used earlier about educating companies and and lightning them about this goal of making this work. if you tell of your competitors, everybody else your secrets -- >> co. coulter is one of those things that cannot be copied. we actually -- company culture is one of those things that cannot be copied. we actually invite people to go to our website and sign up right there and it will give you a zappos schabel and it tore. -- shovel and a tour. but in most cases it is not about copying our culture, because that is not what it is about. we have had those come through the zappos insight program, one that was refrigeration apparen

what is the long-term impact from the long-term response to the long-term assessment and recovery? that is the long-term assessment model from the 1990's. that is where the long-term implications -- when they get dispersed to a certain point, it is not a clean-up issue. it is the long-term impact on the environment. how do we measure that? what are the mitigating measures you would take to do that? how does bpa compensate the nation and the people in the gulf. it is almost a tactical decision. when did you say we are going to pull back and for this purpose, this section of beach is done until we get an indication that we have to come back? >> having that response is helpful. i guess i am trying to determine what qualifies as a measurable effect that qualifies -- that requires a response. is there going to be a scientific formula? >> there will be a transition plan that will be signed by the federal on scene coordinator. to the extent that we need something at the parish level, -- pensacola is largely beaches. another one is largely marshes. we will take that into account in the tran

long as needed. the international community is in this for the long term. the eu will work with pakistan to mitigate the impact of this disaster on the daily life and well-being of the pakistani people. mr. president, the european union and pakistan share a long- lasting friendship. last june, the second e u- pakistan summit set the basis for a strategic dialogue, which includes the promotion of disaster/risk reduction and the effective provision of humanitarian assistance. before this disaster, the european union have already allocated more than 400 million euros in assistance to pakistan for 2007 through 2010, on economic development and trade, as well as on governance and human-rights. today, i can say that the european union steps up considerably its support for pakistan and the pakistani people. since the beginning of the crisis, the eu and its member states have already committed over 110 million euros, and i'm pleased to announce that this amount will be increased by 30 million euros. this means in total that the european union has committed more than

the current situation but the long-term effects. >> thank you. mr. kramer,phhs are one of the present in oil because of their significant health impacts. however, these compounds are also very quickly metabolized in aquatics species, particularly in certain types of fish. it is my understanding that they are often metabolized into products that are often retained in the flesh and can be more toxic than apparent compound. in an of market surveillance, is the fda's monitoring the metabolized levels of phhs into the test? >> it is my understanding that we are looking for specific phhs, and not a metabolized version. i think the short answer is no. >> i would like to add to the point of clarification. to clarify on the metabolite issue, we have an engaging some experts in academia to discuss and assist with this. i of been speaking with some people l.s.u. about their experiences with this. i do want to add that today we have not found any level -- in fact, almost every test that we have conducted on the fish and shrimp that have been collected to date

it gets worse in the long term. >> mr. chairman, do you remember when we tried to get more infrastructure? >> yes, sir. we tried to get $200 billion. >> these two esteemed and gentlemen, chairman, ranking member on the deficit reduction commission, which i hope and pray will be successful. since they have a threshold that they need to get 14 votes 0f 18 on the commission, there is skepticism that they will be able to get that on whatever package they come up with. so if that skepticism bears out to be true, which i hope does not, i am prepared to gvote yes on their package, but i have not even seen it yet. and u.s. -- as you have testified, we need to do something about the deficit. but if it fails, what happens? what do we do? >> senator, i am not sure we have room for failure. as we have talked about, ultimately, global investors who hold 55% of debt held by public are going to register their vote in financial markets, and they will see a our inability to do with long-term fiscal problems, will look at our lack of credibi

long as needed. the international community is in this for the long term. the eu will work with pakistan to mitigate the impact of this disaster on the daily life and well-being of the pakistani people. mr. president, the european union and pakistan share a long- lasting friendship. last june, the second e u- pakistan summit set the basis for a strategic dialogue, which includes the promotion of disaster/risk reduction and the effective provision of humanitarian assistance. before this disaster, the european union have already allocated more than 400 million euros in assistance to pakistan for 2007 through 2010, on economic development and trade, as well as on governance and human-rights. today, i can say that the european union steps up considerably its support for pakistan and the pakistani people. since the beginning of the crisis, the eu and its member states have already committed over 110 million euros, and i'm pleased to announce that this amount will be increased by 30 million euros. this means in total that the european union has committed more than

he makes it clear that we're in this for the long term in terms of having a long-term partnership with them. iraq will not need tens of thousands of four since at the end of 2011. what they're going to need its continued training and assistance in a way that a robust office of security cooperation will be able to provide. i do think in that context, one thing we should beat thinking about collectively in town is as we think about the current request we have been making for the iraqi security forces, i think we need to think about it in terms of two things. one is what is necessary to build capability so that the drawdown can be conducted an irresponsible manner? the second is, what is necessary to signal that we're in this for the long term and have a long term interest in developing relationships with them and then getting integrated into our types of weapons systems and joint exercises and all sorts of other things that we do through the region? i think the more we are able to signal by putting real dollars on the table, and not only helps build the security forces but the signals ar

it gets worse in the long term. >> mr. chairman, do you remember when we tried to get more infrastructure? >> yes, sir. we tried to get $200 billion. >> these two esteemed and gentlemen, chairman, ranking member on the deficit reduction commission, which i hope and pray will be successful. since they have a threshold that they need to get 14 votes 0f 18 on the commission, there is skepticism that they will be able to get that on whatever package they come up with. so if that skepticism bears out to be true, which i hope does not, i am prepared to gvote yes on their package, but i have not even seen it yet. and u.s. -- as you have testified, we need to do something about the deficit. but if it fails, what happens? what do we do? >> senator, i am not sure we have room for failure. as we have talked about, ultimately, global investors who hold 55% of debt held by public are going to register their vote in financial markets, and they will see a our inability to do with long-term fiscal problems, will look at our lack of credibi

to step in and in this case the federal government shows no interest in doing it right now and the long term implications are dire not to mention the problems of the amount of debt that the u.s. government has which is another reason why they don't want to go through with the stimulus but it's probably more of a short term worry than it is really or as a long term worry rather than what we should be worrying about right now fine fine fine sounds like all good good news all around how and where you tell me this very quickly gold is obviously still a big big deal right now and a big winner for a lot of people are those people that decided to invest in it maybe let's say two years ago or so are they just raking in the dell right now and they're going to continue to do so because they were smart enough to that then you know life is pretty good good for gold investor. benefits from everyone who's worried about everything else that's going on the market so everyone runs to gold invests in gold and when worries go up that's what happens and over the next time period for the next six months that's g

most of the gulf has been reopened to fishing but to the industry is not in the clear. long-term impact on stocks remained unknown, one contaminated catch makes it to to market and makes people sick and then the reputation and credibility of one of america's most important fisheries will be in jeopardy. we must engage this issue with continued caution and vigilance is necessary. we have seen some premature celebration. the dispersed will is not the same as the oil which has disappeared. data, formulas, algorithms need to be made public so that independent scientists can verify the conclusions that are now shaping the debate on what to do now. we need to test fishing stock in the closed fishing areas now so that we understand what is going on now. that will help us in the future to protect the fishermen, to protect the consumers in our country. we must spend the money now so that in the future, there are no questions that are examined and we insure that the compensation is given to those who needed as long as possible until we make everything as safe as possible. all of that in my

for micro perspective in the near term and from the fundamentals of long-term growth, raising taxes at this point in the way the administration is proposing will not be a step in the right direction. finally, we need to look at this in the perspective of tax reform. we have a tax system that is badly broken. the absence of tax reform is to have a broad base at low rates. ever the should be viewed through the lens of making a step toward this, raised market rates, and raise a broad base. i will disagree in advance with the secretary and the fact of mr. podesta. we are delighted to have secretary of the treasury tim geithner join us today. he is a graduate of dartmouth and the johns hopkins school of international studies. he is a longtime fixture in the policy-making community. he started in the treasury in 1988 and served under five secretary of the treasury's including an important step and as undersecretary. he has served at the international monetary fund for two years and held an important post with one of the linchpins of our financial institutions as president and ceo of the fede

. >> in terms of alternative energy, it's really the best of times and the worst of times. it's the best of times long term in the sense that, for all sorts of political and consumer sentiment and environmental reasons, i think there's a broad sense that these technologies, ah, have a pretty rosie trajectory, um, over some long term, whatever that long term is. the difficulty is that they have a hump to, ah, get past which is, which is the economy these days. and so the question for a lot of these companies is, whether they can survive the recession. >> so, john hoffmeister points out that 2% of our energy is coming from alternative sources, ah, yet the obama administration would like to see, a 25% of u.s. electricity coming from alternative sources, ah, by 2025. ah, is there a mismatch here? is this, is this something that's even possible? michael. >> getting 25% of electricity from renewable sources by 2025 is a stretch. i think that we can expand our use of renewable energy, substantially. ah, we can shift in our vehicles from liquid fuels to electricity, particularly in our cars and our light truc

solo that the long-term plan would be to provide subsidies through the department of public health, who be making refrls to this building. the second reason that it doesn't really work is that the value in this case that we need to assess is not so much its monetary value on the market, but its value as a public benefit as affordable housing for folks who are at high risk of homelessness or homeless. the regulars provide something. that would be to look at the entire portfolio of the borrower, in this case, mercy housing of california, and we looked at that. but mercy's portfolio itself is so deeply affordable, and it has so much soft debt on it already that we couldn't get there by going that direction. we also looked at reducing the scope to a much lower level to again try to meet this requirement. we weren't going to be able to do that and still obtain the state and tax credit money. if they come in, they put the building way over the 95% ratio. looking at this smaller scope proved to not be feasible. the building is fairly old. it has been owned by the st. vincent paul society for a

[applause] what i will tell you about these four women is that they embody two facts about the long-term care coordinating council, and that is that day are tenacious, -- they are tenacious, and they are experts. the truth is without their leadership, we also would not have this report today, so thank you, ladies. [applause] as is so often the case with me, i find that my professional and personal life converge an awful lot these days, and one place that they converge is when any discussion of dimension comes to the fore. my father began his journey with memory loss 20 years ago. -- two years ago. when i think about the expert panel that was formed, for the purposes of this report, i think about the expert panels that i enjoyed over those 20 years. my father says that exercise helps and the walking make something better, and what do you think about that? for the geriatrician that i found in south dakota, which taught me if you can find a geriatrician in south dakota, you can find one anywhere. he did a terrific assessment on my father and got us to an early diagnosis, and his team 15 yea

we will be with you as you meet the long-term challenges. >> the u.s. is diverting time and resources from the fight against extremism and pakistan as the waters rise. it wants to stop radicalism from rising with them. >>> just a little later in the program, we will have reports from the point job province on the challenges there. the final u.s. combat brigade left iraq. almost a fortnight before the deadline set by president obama. about 50,000 american troops remain, officially only to train and give advice to iraqi forces. american commanders insist iraq's military and police are up to the task of keeping the country secure, as our middle east correspondent reports from kuwait. >> the end of operation iraqi freedom. the u.s. combat mission in iraq lasted longer than world war ii. now, seven years and five months after the invasion, america's involvement in iraq is over for that phase. >> we won! it is over! i love you! >> for all the hopes of 2003, they are not leaving behind a peaceful country. the departure of the last u.s. combat forces took place

the second issue they wanted to draw your attention was to ensure the committee studies the long-termt on the general fund. i didn't really describe what the infrastructure district does, but for those of you who are familiar with re-development law. the i.f.c. allows us to capture a portion of the property tax. as property values rise, that increment of rise is captured for the district. i wanted to ensure that as we capture this new increase in property values for the benefit of a specific limited geographic area, be aware that necessarily diverts funding from the city an general fund. a portion of this new commitment is made possible by the zoning changes in the eastern district areas, but only a portion of the property tax revenues should be diverted to the area plan needs. this would enable continued money to the general if you said to ensure city-wide services. the commission recommended this committee study the effects on the general fund revenues and to ensure the city as a whole maintains a well-funded base. supervisor maxwell: is there anything in the resolution that would p

says the long term effects are extremely dangerous the fact that that's right in moscow during that period of the plague was growing up to two to four times the ban on different estimates and we can definitely talk about several thousand people who died because of the way people will suffer from implants and this year my fear is that some previous time that was the time to think of it she sent it there and talked over the counter and what we've been told so what's being true is that there is all going to just be one system become face consequences of that from going to tell it's all coming few months and years and falls into one month at the beginning. well lucky america needs to consolidate to challenge the united states which treats the we as its backyard also says a crime president daniel take it he's given an exclusive interview to. the world is changing the us isn't this isn't a problem just for latin america but rather for the entire world and this country has military and economic power and at the same time it's not changing its expansionary and imperialist policy while the carry on