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Jun 28, 2009
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as the board. richmond staff was on our call today but prior to the call, it sounds like they may have threatened a little more than ideal our need to get rid of dividend and fast. i told price systems will be making joint determinations." my question is to your knowledge do you think that mr. lewis's interaction with the supervisory team at the richmond fed threatened or coerced in any way mr. louis? >> well, the federal reserve in general throughout last year was concerned about bank of america's capital, particularly its tangible common equity, and the federal reserve bank of richmond, supervisor of bank of america was interested in having bank of america increase their capital, perhaps while reducing dividends through other measures. at various points there was some confusion i think about what the position of the fed was because there were miscommunications between the richmond fed and the board of governors in washington and mr. lewis, far from being intimidated, was free to call me and ask me for res
as the board. richmond staff was on our call today but prior to the call, it sounds like they may have threatened a little more than ideal our need to get rid of dividend and fast. i told price systems will be making joint determinations." my question is to your knowledge do you think that mr. lewis's interaction with the supervisory team at the richmond fed threatened or coerced in any way mr. louis? >> well, the federal reserve in general throughout last year was concerned about...
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Jun 26, 2009
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and the federal reserve bank of richmond which was the supervisor of think of america was interested in having bank of america increase their capital perhaps by reducing their dividend through other measures. at various points there were some confusions i think about what the position of the fed was because there were miscommunications between the richmond fed and board of governors and washington and mr. lewis far from being intimidated was free to call and ask me for resolution of these issues and we made sure that everybody that was on the same page and got that cleared up. >> so it would be a normal interaction -- >> yes, and normal process. >> i'm having some concerns with richmond and that kind of thing. mr. chairman, let me ask, you have gone on the record as supporting increased transparency in connection with federal reserve board operations yet the bailout of bank of america was done behind closed doors without investor public knowledge or input. could the american people really understand in any way what happened? i mean, what really happened? was mr. lewis pleaded to goin
and the federal reserve bank of richmond which was the supervisor of think of america was interested in having bank of america increase their capital perhaps by reducing their dividend through other measures. at various points there were some confusions i think about what the position of the fed was because there were miscommunications between the richmond fed and board of governors and washington and mr. lewis far from being intimidated was free to call and ask me for resolution of these...
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Jun 9, 2009
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two notes from the "richmond times-this patch." terry mcauliffe, the former chair of the dnc, is being challenged by virginia state senator and a former assemblyman in the primary, and turnout is expected to be key with 200,000 democrats expected to go to the polls today in virginia. and a piece by robert c. smith, a former two-term senator from new hampshire. he now lives in sarasota, florida, and is running for the senate seat in florida next year, the seat vacated by martinez. one of the other themes this morning in the newspapers, at a photograph of senator edward kennedy and senator robert byrd. senator kennedy is in massachusetts recovering from brain surgery, battling brain cancer, and robert byrd, who continues to battle a staph infection at an undisclosed hospital. also inside "the washinton post," "on the cusp of historic majority, senate democrats miss the pillars." and from inside "the new york times," "senate feels an absence of health bill." chris dodd is the number 2 democrat on the health committee and has taken on t
two notes from the "richmond times-this patch." terry mcauliffe, the former chair of the dnc, is being challenged by virginia state senator and a former assemblyman in the primary, and turnout is expected to be key with 200,000 democrats expected to go to the polls today in virginia. and a piece by robert c. smith, a former two-term senator from new hampshire. he now lives in sarasota, florida, and is running for the senate seat in florida next year, the seat vacated by martinez. one...
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Jun 21, 2009
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he has pitched three scoreless innings for the blue jays, three out of 10. 2 1/3 tonight. >> bob: scott richmond. >> rob: the nats told me before the game they would break out their starters. >> bob: he is not on the sheet. scott richmond has made 11 starts in his 13 appearances. 5-3 with a 3 1-2 e.r.a. may take him a while to get warmed up. >> rob: in more ways than one. he probably does not want to come into this game. starters and relievers have this little friction going on all the time. they love that you are out there and you come into the game. >> bob: i thought you and tomorrow browning were such good buddies. >> rob: don't get me wrong. but you can get in there and tell them to get lost. as far as the record goes, starters don't want to mess up their record of earned run average by going into the bullpen. three or four runs out of the bullpen makes you smart a little bit. you know, they have a routine just like relievers do. when you think you have a day off and then the manager cops and says, oh, by the way, scott, we are a little short, do you mind throwing out the bullpen tonight? >>
he has pitched three scoreless innings for the blue jays, three out of 10. 2 1/3 tonight. >> bob: scott richmond. >> rob: the nats told me before the game they would break out their starters. >> bob: he is not on the sheet. scott richmond has made 11 starts in his 13 appearances. 5-3 with a 3 1-2 e.r.a. may take him a while to get warmed up. >> rob: in more ways than one. he probably does not want to come into this game. starters and relievers have this little friction...
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Jun 6, 2009
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louis fed, the richmond fed, shockingly, find in agreement with you, an unprecedented agreement, where you agreed to absorb any losses that would be incured by the fed. the treasury actually signed that agreement. my first question is yes or no, do you support the concept of having the presidents of each bank be confirmed by the senate? >> no. >> thank you. for the record, before this month is out, how much t.a.r.p. money will aig, can you provide for the record before this month is out, how much t.a.r.p. money aig has disbursed since january 1st of this year and who are the recipients? >> i think so, but i can't do that here. >> can you do it within the month? >> i think that information is in the public domain. >> how many of those and which contracts were paid at 100% on the dollar and which were not? >> i wish there was a legal contract, there was no bankruptcy allowed. we need a system where we can renegotiate those things, but we don't have a system like that. >> well, we are going to want as much detail as you can provide for the record because the fed is really, heavily involve
louis fed, the richmond fed, shockingly, find in agreement with you, an unprecedented agreement, where you agreed to absorb any losses that would be incured by the fed. the treasury actually signed that agreement. my first question is yes or no, do you support the concept of having the presidents of each bank be confirmed by the senate? >> no. >> thank you. for the record, before this month is out, how much t.a.r.p. money will aig, can you provide for the record before this month is...
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Jun 12, 2009
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good morning to taking a look at the headlines today, "the richmond times dispatch," " senate approves federal regulation of tobacco. a big story in virginia, a strong tobacco state. from the "houston chronicle," "landmark tobacco bill." in "the wall street journal," "companies are weighing the impact of the bill, which they say also puts severe restrictions on advertising and packaging. those limits couldn't do business plans based on smokeless tobacco products. they're fighting to derail the legislation." first call this morning comes from the democrats' line from kansas city, missouri. tony, good morning. seagucaller: good morning. my friend died of cancer, smoking for seven years. he was so sick, that, looking at him, you know, i believe the best thing to do is to, you know, but make sure that people are not dying for nothing, ok? host: du think it is of to the fda to relate -- do you think it is up to the fda to regulate tobacco? caller: yes. it should be done. i am so glad it is done. i hope the president does it as soon as possible. host: our next call is from sarah on the democ
good morning to taking a look at the headlines today, "the richmond times dispatch," " senate approves federal regulation of tobacco. a big story in virginia, a strong tobacco state. from the "houston chronicle," "landmark tobacco bill." in "the wall street journal," "companies are weighing the impact of the bill, which they say also puts severe restrictions on advertising and packaging. those limits couldn't do business plans based on smokeless...
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Jun 22, 2009
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iran clarets show riffed, "the richmond times dispatch" headline. a story on the front page of code the new york times" this morning about the reporter who escaped from the taliban. with plan and a hidden rhode. an afghan journalist who was captive by taliban for several months along with new york times reporter revealed details on sunday about a nighttime escape that include weeks of careful plotting, taking advantage of with regard and dropping down a 20-foot wall with a rope. the afghan journalist said in an interview that the escape early saturday from the second floor of the taliban compounds in north waziristan, pakistan's tribal areas, was a desperate attempt by two severely demoralized reporters to believe the taliban were not seriously negotiating and would hold them indefinitely. the pulitzer prize winning journalist at "the times, " along with their driver, were adopted outside of kabul on november 11 -- excuse me, november 10, as mr. rohde rebel to interview a taliban commander for a book he was writing. they said they had been threatened
iran clarets show riffed, "the richmond times dispatch" headline. a story on the front page of code the new york times" this morning about the reporter who escaped from the taliban. with plan and a hidden rhode. an afghan journalist who was captive by taliban for several months along with new york times reporter revealed details on sunday about a nighttime escape that include weeks of careful plotting, taking advantage of with regard and dropping down a 20-foot wall with a rope....
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Jun 25, 2009
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headline from "the richmond times dispatch." a common from a viewer saying, what is the difference, government using tax dollars for an affair or nancy pelosi using military planes for vacations? next is mary from grand rapids, michigan. good morning. jocaller: wanted to see if anyoe else is noticing, these are all white guys in suits, aren't they? what does that say about the leadership and moral authority in this patriarchy of a country of ours? steve, i want to chastise you for bringing up ted kennedy and setting up a question forc -- for cantor to respond to for us not all having the availability and technical equipment. what a nasty thing for you to do. maybe we should ask the question of cantor, too bad we cannot all have your kind of insurance. but you know what? shame on both of you. we all need insurance or rather we all need care for our health. host: i appreciate your comment. i should point out the question did not come from me, as your question came from you. that was a comment from a viewer and a question we have ha
headline from "the richmond times dispatch." a common from a viewer saying, what is the difference, government using tax dollars for an affair or nancy pelosi using military planes for vacations? next is mary from grand rapids, michigan. good morning. jocaller: wanted to see if anyoe else is noticing, these are all white guys in suits, aren't they? what does that say about the leadership and moral authority in this patriarchy of a country of ours? steve, i want to chastise you for...
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Jun 26, 2009
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we also have the e-mail from the richmond fed chairman, just had a talk with mr. bernanke says it is irrelevant because not credible intends to make it more clear if they played the card and need assistance management is going oregon, excuse me. and then the third 1i would point out is the e-mail from mr. and willow at the new york fed, which deals with the disclosure concern. also this is in december of last year where he says i fink i will ask merrill lynch a current estimate and he makes the statement if i get a sense merrill lynch is leaning toward a january fall when i will steer them to a leader. but i am trying to figure out is we have all this pattern here which as i asked mr. lewis when he was here if what took place at the october 13th had an impact on his decision making, his fault process as he moves through this dealing in december with you and treasury relative to the merrill lynch acquisition do you see how a reasonable person could reach the conclusion there in fact was this pattern of pressure from the government? >> no, not if you are sufficient
we also have the e-mail from the richmond fed chairman, just had a talk with mr. bernanke says it is irrelevant because not credible intends to make it more clear if they played the card and need assistance management is going oregon, excuse me. and then the third 1i would point out is the e-mail from mr. and willow at the new york fed, which deals with the disclosure concern. also this is in december of last year where he says i fink i will ask merrill lynch a current estimate and he makes the...
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Jun 8, 2009
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. >> jeff scha piro political reporter for the "richmond times-dispatch" read his work at timesdispatch.com. thank you for being with us this morning. >> thank you. >> private donations. >> taxpayers. >> i don't really know. >> from public television. >> donations. >> i don't know where the money comes from. >> federally. >> contributions from donors. >> how is c-span funded? 30 years ago, america's cable companies created c-span as a public service. a private business initiative, no government mandate. no government money. . .
. >> jeff scha piro political reporter for the "richmond times-dispatch" read his work at timesdispatch.com. thank you for being with us this morning. >> thank you. >> private donations. >> taxpayers. >> i don't really know. >> from public television. >> donations. >> i don't know where the money comes from. >> federally. >> contributions from donors. >> how is c-span funded? 30 years ago, america's cable companies...
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Jun 21, 2009
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. >> bob: julian tavarez gets the win, richmond the loser. rob, your point well taken.tarters don't like doing things like this. >> rob: no, scott richardson will not be happy after this ballgame. comes in relief, gets the loss, left after two innings of work. debbi taylor is right there with wee willie harris who was aflly big tonight. >> debbi: thank you very much. you did it all tonight. talk about the homerun, take us through that at-bat. >> one of those at-bats where, initially, we had the bunt sign on and then we switched that and went to the hit-and-run. he went after me and i'm glad i was able to hit the ball up in the air and be able to hit it out of here. >> debbi: and your reaction from your teamates, i didn't think you were going to get out of that mile. >> i tell you what, we are having fun here. everybody is starting to do their part. everything is coming together. hopefully we can continue to do what we have been doing and see if we can do it again tomorrow. >> debbi: earlier in the at- bat, you crushed one foul. what were you thinking? >> i was trying to
. >> bob: julian tavarez gets the win, richmond the loser. rob, your point well taken.tarters don't like doing things like this. >> rob: no, scott richardson will not be happy after this ballgame. comes in relief, gets the loss, left after two innings of work. debbi taylor is right there with wee willie harris who was aflly big tonight. >> debbi: thank you very much. you did it all tonight. talk about the homerun, take us through that at-bat. >> one of those at-bats...
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Jun 18, 2009
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last comment on the phone, richmond, indiana, republican line. caller: some of these callers calling in do not really understand that the problem we have in our economy is not really the american people, it is our politicians. the democrats created fannie mae and freddie mac in mandated them to give loans to people who could not afford that. there are destroying our economy, the democrats are. there are destroying energy. obama is selling nuclear reactors to dubai for electricity, but he will not let us build a nuclear reactor here. he is selling suv's to china. the democrats are grabbing for power. they want to socialize. they are destroying everything this country stands for. the reserve bank is a private international bank. they should not be controlling our money. it is just unbelievable what is happening. obama has done more damage in six months than the rest of the presidents combined. host: thank you, ron. that is run from richmond, indiana. we take you back to capitol hill to congressman luis gutierrez. he certainly has lots to say about t
last comment on the phone, richmond, indiana, republican line. caller: some of these callers calling in do not really understand that the problem we have in our economy is not really the american people, it is our politicians. the democrats created fannie mae and freddie mac in mandated them to give loans to people who could not afford that. there are destroying our economy, the democrats are. there are destroying energy. obama is selling nuclear reactors to dubai for electricity, but he will...
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Jun 17, 2009
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and they remember this even though this was against the law in richmond. this is not only getting rid of the legal segregation, this is the active segregation. >> please identify yourself. [inaudible] >> i am wondering if, in the context of this committee, if there will be a willingness to address the issues that have happened in the last administration, as far as human rights abuses across the world. the united states has tried to put their own citizens in the context, for accountability on the human rights issues and at the same time we have tried to hold other countries accountable. i wonder what the judiciary will do with the human rights abuse, for the people in this government. >> the subcommittee hearing will be doing a lot of this, but much of this is by example, closing guantanamo bay -- [applause] the president is not afraid to talk about the greatness of america, but also he will be willing to talk -- he will be willing to talk about where he made mistakes, with the countries that never admit to their mistakes, in the past we could never lead by
and they remember this even though this was against the law in richmond. this is not only getting rid of the legal segregation, this is the active segregation. >> please identify yourself. [inaudible] >> i am wondering if, in the context of this committee, if there will be a willingness to address the issues that have happened in the last administration, as far as human rights abuses across the world. the united states has tried to put their own citizens in the context, for...
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Jun 18, 2009
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and the bluejays go on to win 7-1. scott richmond again, pitching in place of roy halladay. wins for the first time since may 3rd. eight innings, five hits, struck out, a career high 11. the phillies have struck out 59 times over the last five games the proposals major provisions taking all of its provisions into account could change our assessment of the proposals and budgetary insurance coverage rates. now that's that basically means we don't have part numbers yet is what they are saying. even though we are being asked to market up we don't have hard numbers. next paragraph. and i am going to read just a section because i think it's important. although our reading of the draft language has informed our reanalysis we haven't had time to complete a thorough review of the language which could have significant effect on any subsequent analysis. so again, they are saying they don't really have a hard language. these are preliminary numbers and we are being asked to mark up before, some effects of the insurance proposals we have modeled have not yet been captured. for example we
and the bluejays go on to win 7-1. scott richmond again, pitching in place of roy halladay. wins for the first time since may 3rd. eight innings, five hits, struck out, a career high 11. the phillies have struck out 59 times over the last five games the proposals major provisions taking all of its provisions into account could change our assessment of the proposals and budgetary insurance coverage rates. now that's that basically means we don't have part numbers yet is what they are saying....
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Jun 27, 2009
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the supreme court of the united states in 1980 decision, richmond newspapers vs. inia, noted that a public trial belongs not just to the accused, but to the public and the press as well. the supreme court noted that such openness has "long been recognized as an indispensable attribute of an anglo-american trial." chief justice william howard taft put the issue into perspective stating, "nothing tends more to render judges careful in their decisions and anxiously solicitous to do exact justice than the consciousness that every actor bears is subject to intelligent scrutiny -- of every act of theirs is subject to intelligent scrutiny of their fellow americans." in the same vein, justice frankfurter said, if the news media would cover the supreme court as the early as they do the world series, it would change the public's perception of it. richmond newspapers certainly would comprehend television in modern days. answer the, just as frankfurters use of the return, "media" would -- of the term "media" would help as well. chief justice roberts and justice stevens appeare
the supreme court of the united states in 1980 decision, richmond newspapers vs. inia, noted that a public trial belongs not just to the accused, but to the public and the press as well. the supreme court noted that such openness has "long been recognized as an indispensable attribute of an anglo-american trial." chief justice william howard taft put the issue into perspective stating, "nothing tends more to render judges careful in their decisions and anxiously solicitous to do...
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Jun 30, 2009
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charles is on the phone from richmond. caller: i agree with you to a certain degree, but the supreme court was an activist court. they tried to make a new law. they did i have always supported judge sotomayer. it was three judges. what she did was to apply the law as it was written, and it was sentenced to supreme court, and they looked added back and said, what you should do is we look -- re dashlook at the situation, because -- relook of the situation because much of it was a multiple choice. it is not what you would call it a good test to be a fireman. one man was dyslexic, which is disturbing to me. host: thank you. guest: he makes a bunch of good points, and i agree with everything he says. one thing we could pull out of his comment about dyslexia and editorial you just read is that this was an incredibly simple. the city of new haven made the biggest mistake messing with frank. this was a dyslexic guy. he used his own money to study and prepare for this test. you cannot look at him and say that he did not deserve it.
charles is on the phone from richmond. caller: i agree with you to a certain degree, but the supreme court was an activist court. they tried to make a new law. they did i have always supported judge sotomayer. it was three judges. what she did was to apply the law as it was written, and it was sentenced to supreme court, and they looked added back and said, what you should do is we look -- re dashlook at the situation, because -- relook of the situation because much of it was a multiple choice....
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Jun 30, 2009
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charles is on the phone from richmond. caller: i agree with you to a certain degree, but the supreme court was an activist court. they tried to make a new law. they did not try to interpret the law. i have always supported sonia sotomayor, just like the bushes and clinton. people are being very deceptive by saying it was only sonia sotomayor. what she did was applied the law as it was written. when it was sent to the supreme court, instead of sending it back, they said, ok, what you should do is relook at the situation. 60% of the test was a multiple choice. in other words, i give you a question and you have three answers. it is not what you would call a good test to be a fireman. host: thank you, charles. caller: he made a lot of good points and i agree with everything he said. one thing we can pull out of his comment about the man's dyslexia and "the washington times" editorial was that this was an incredibly sympathetic plaintiff. the city of new haven made the biggest mistake messing with frank. this was a dyslexic guy.
charles is on the phone from richmond. caller: i agree with you to a certain degree, but the supreme court was an activist court. they tried to make a new law. they did not try to interpret the law. i have always supported sonia sotomayor, just like the bushes and clinton. people are being very deceptive by saying it was only sonia sotomayor. what she did was applied the law as it was written. when it was sent to the supreme court, instead of sending it back, they said, ok, what you should do...
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Jun 28, 2009
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the natural consequence of that. hospitals, at i heard at reed memorial hospital at richmond, indiana this week, hospitals have been for years struggling with what's called reimbursement rate that comes through those very same public systems today, where the hospital says the procedure costs us this much and the federal government says, well, that's fine. we'll pay you this much. and with regard to medicare, one of the reasons why i think the overwhelming majority of seniors who are on medicare also have supplemental policies is, again, because of the limited benefits that are available in a rationed government system. we really believe that it's in the best interest of taxpayers and in the best interest of our health care economy to preserve that private health insurance. >> but even in your district do you hear seniors say i wish we didn't have medicare? do you hear lower income say i wish we didn't have medicaid? >> gosh, know. i hear several tell me they would like to be a contion shs objector to medicare. until you get as much gray hair ooze i do, you don't have a choice. when you reach the age of enrollment, you'
the natural consequence of that. hospitals, at i heard at reed memorial hospital at richmond, indiana this week, hospitals have been for years struggling with what's called reimbursement rate that comes through those very same public systems today, where the hospital says the procedure costs us this much and the federal government says, well, that's fine. we'll pay you this much. and with regard to medicare, one of the reasons why i think the overwhelming majority of seniors who are on medicare...
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Jun 26, 2009
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the supreme court of the united states in the 1980's in richmond newspapers is virginia noted that the that a public trial belongs not just to the accused but to the public and the press indispensable attribute of an anglo--american trial." chief justice william howard taft put the issue into perspective stating -- quote -- "nothing tends more to render judges careful in their decisions and anxiously solicitous to do exact justice than the consciousness that every act of theirs is subject to intelligent scrutiny of their fellow man and to candid criticism." in the same feign, justice felix frankfurter said if the news media would cover the supreme court as thoroughly as it did the world series, it would be very important since public confidence in the judiciary hinges on the public's perception of k. it would certainly comprehend television and modern days and certainly justice frankfurter's use of the term media would include television as well. it is worth noting that justices have been frequently -- have frequently appeared on television. chief justice roberts and justice stevens ap
the supreme court of the united states in the 1980's in richmond newspapers is virginia noted that the that a public trial belongs not just to the accused but to the public and the press indispensable attribute of an anglo--american trial." chief justice william howard taft put the issue into perspective stating -- quote -- "nothing tends more to render judges careful in their decisions and anxiously solicitous to do exact justice than the consciousness that every act of theirs is...
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Jun 22, 2009
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the corner of st. james and charity streets in downtown richmond, virginia, in an historically african american neighborhood, there once lived a widowed jewish immigrant from russia. she had fled the antisemityism and bloody war of her native land just before the revolution. in america she saw freedom, opportunity, and a combetter life. in richmond, she didn't have much money. but she did have remarkable drive and determination. she raised her two children in tight quarters above a tiny grocery store that she owned and operated. she worked day and night, and sacrificed tremendously to secure a better future for her and her two children. and sure enough, in young woman who had the courage to journey to a distant land with hope as her only possession lifted herself into the ranks of the middle class. through hard work, thrift, and faith, she was even able to send her two children to college. before making her way to virginia, this young woman had passed through ellis island. peering out from the boat at the mouth of the hudson river, she saw the statue of liberty, the most powerful symbol of freedom and oppor
the corner of st. james and charity streets in downtown richmond, virginia, in an historically african american neighborhood, there once lived a widowed jewish immigrant from russia. she had fled the antisemityism and bloody war of her native land just before the revolution. in america she saw freedom, opportunity, and a combetter life. in richmond, she didn't have much money. but she did have remarkable drive and determination. she raised her two children in tight quarters above a tiny grocery...
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Jun 9, 2009
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the front page of "richmond times dispatch." a three-way race. polls showing it dead even in primary day. the winner of this primary will face bob macdonald. howie is on the phone from philadelphia. good morning. caller: thank you for bringing this up. this is the fact that the republican party is a dark horse and newt gingrich is wrong. the first time that we were under such conditions is one reason for hays was president. the democratic party took over the party. we needed james garfield. we know what happened with that. i believe that representative steve locke is for the populist republicans. nixon tried to bring back the fact that tell them to which was very successful during his presidency. that is a populist republican. host: more headlines this morning. "ginsburg stalls the sale of chrysler." because of her decision, she has put the brakes on chrysler's sale to fiat, at least for now. dee is on the phone from santa cruz, california. caller: good morning. i just want to tell you my representative for the republican party would be: how wi co
the front page of "richmond times dispatch." a three-way race. polls showing it dead even in primary day. the winner of this primary will face bob macdonald. howie is on the phone from philadelphia. good morning. caller: thank you for bringing this up. this is the fact that the republican party is a dark horse and newt gingrich is wrong. the first time that we were under such conditions is one reason for hays was president. the democratic party took over the party. we needed james...
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in addition to that, we also need to look at the medical evidence. host: richmond, va. on democrats line. caller: thank you very much for your leadership, governor dean. the question that i wanted to ask -- i'm always hearing the people on the right saying that medicare is a cheap program, but the reason it is cheap is the cost is paid by the government. i'm wondering, when you come up with those figures showing that medicare is less expensive than other plans, has the cost paid by the government been included? guest: absolutely, yes. who cares if the cost is paid by the government or the private sector? it is cheaper. is the argument of the republic is that we should allow it in the fishing industry to drive us into economic oblivion. we should not get around to having the government running health care because the private sector knows everything -- that is their argument. the private sector knows everything, how come our economy is not better? let's look at the best way to run health care. let's not be against the government or the private sector. the conservative or r
in addition to that, we also need to look at the medical evidence. host: richmond, va. on democrats line. caller: thank you very much for your leadership, governor dean. the question that i wanted to ask -- i'm always hearing the people on the right saying that medicare is a cheap program, but the reason it is cheap is the cost is paid by the government. i'm wondering, when you come up with those figures showing that medicare is less expensive than other plans, has the cost paid by the...
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the way an alligator competes with a duck. it consumes it. i think most americans, and i saw this at my town hall meeting on monday in richmond, if most americans understand that if the federal option became available to all americans that millions of americans would lose health insurance they have right now, not because the government would mandate that would lose it, but because millions of employers, seeing an available public option, would simply inform their employees we are no longer incurring the expense of offering health insurance. you can call the government to get your health insurance. it would frankly be accelerated by the fact that we believe many health insurance companies, seeing the inability to compete with uncle sam would simply invest in other types of insurance and other businesses, so there would be even less private health insurance available today. we believe the answer is to strengthen private health insurance to encourage wallace and focus on cost, affordability and accessibility -- to encourage well less, and focus on cost, affordability and accessibility. >> in the senate, there is a bill that looks promising. is sor
the way an alligator competes with a duck. it consumes it. i think most americans, and i saw this at my town hall meeting on monday in richmond, if most americans understand that if the federal option became available to all americans that millions of americans would lose health insurance they have right now, not because the government would mandate that would lose it, but because millions of employers, seeing an available public option, would simply inform their employees we are no longer...
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the book and she said no child you don't. really. >> we have you talking to michelle obama how did that conversation go? this occurs september 18, 2008 when michelle was in richmond floor the economic summit and she said child, i don't know what she said to me because my knees were knocking i just do not remember. peggy said what did she say to you? >> i told her about myself and my husband and the fact we had to get another job to support ourselves. we had jobs cleaning offices and she and her husband were riding to work one day and he said to her, mary, i cannot feelw3 my legs. they are known. my arm is number and he pulled the car over to the side of the road and he died. so ms. henry told the story to michelle obama and it was quite soon after the death of her husband so telling the story she was in tears. and ms. henry said michelle reached over and got tissues and hugged her and comfort third hurt and they became friends as a result of that conversation. several weeks ago when the president had his first speech to the joint houses of congress, the white house invited ms. henry to come to d.c. they put her up in a hotel there broader to the congress and to t
the book and she said no child you don't. really. >> we have you talking to michelle obama how did that conversation go? this occurs september 18, 2008 when michelle was in richmond floor the economic summit and she said child, i don't know what she said to me because my knees were knocking i just do not remember. peggy said what did she say to you? >> i told her about myself and my husband and the fact we had to get another job to support ourselves. we had jobs cleaning offices and...
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in an e-mail on december the 20th, the president of the federal reserve bank of richmond, jeffrey clacker, described a telephone conversation with you, where you expressed the belief that the mac fret is irrelevant because it is not credible and that you plan to make even more clear that if they played that card, and then they need assistance, management is gone. so, do you remember the phonecall with mr. lacker, that the e-mail was referring to and you believe that mr. lewis's claim that he would invoke the mac end backup the deal were credible, and had the bank of america decided not to complete the merger, which the fed had pursued the removal of their management and board and had the fed ever taken action to remove the management of a private entity before? do your best. >> i was concerned initially about whether this was a serious proposal to invoke the mac because i did believe it would be detrimental to the bank of america as well as the international system. i never made any threats to mr. lewis regarding removing forward in the management. one example of where the federal reserve
in an e-mail on december the 20th, the president of the federal reserve bank of richmond, jeffrey clacker, described a telephone conversation with you, where you expressed the belief that the mac fret is irrelevant because it is not credible and that you plan to make even more clear that if they played that card, and then they need assistance, management is gone. so, do you remember the phonecall with mr. lacker, that the e-mail was referring to and you believe that mr. lewis's claim that he...
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reinforces that and that is from jeffrey lacker, who was a president, i believe, of the federal reserve bank of richmond at that time and i think he's a voting member now. this e-mail was also cc to the chairman, i believe. just had a long talk with ben, ben bernanke, i presume, says they think the mac threat is irrelevant because it's not credible and tends to make it more clear that if they, meaning bank of america, play their card and then need assistance, management is gone, period. and then says forgot to tell them that kl, i believe that's you, ken lewis is near retirement, close. the there's a different dynamic going on here. there is -- remember the context of all of this is the sky is falling, as mr. cummings said. and tremendous pressure on everyone. they think you're playing a game. they think you're throwing this thing out as a red herring in that they think what you're really trying to do and what some people suggest you might have been doing was to leverage taxpayer support by falsely putting this mac out there. the fact that you're going to let this deal crash, walk away, even asserting -
reinforces that and that is from jeffrey lacker, who was a president, i believe, of the federal reserve bank of richmond at that time and i think he's a voting member now. this e-mail was also cc to the chairman, i believe. just had a long talk with ben, ben bernanke, i presume, says they think the mac threat is irrelevant because it's not credible and tends to make it more clear that if they, meaning bank of america, play their card and then need assistance, management is gone, period. and...
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for example, in the small town of richmond, maine, they have created a facility to build boat interiors. between 60 and 70 new jobs have been created there in the last six months alone and they believe they can double the size of that operation in the next year. and just this week, they were given a maine technology institute grant for nearly $4 million to take the first steps towards building a 30,000 square foot facility that would create hundreds of more jobs building high speed patrol boats of the future. they are just one example of the innovative companies doing business in maine aggressively using new technology to create good quality jobs that can't be exported. i yield back. the speaker pro tempore: the gentlewoman yield back her time. for what purpose does the gentleman from pennsylvania rise? mr. pitts: to address the house for one minute. the speaker pro tempore: the gentleman is recognized. mr. pitts: in a couple weeks the house is going to consider the cap and trade legislation that has enormous implications for our economy. this 926-page bill as introduced and considered
for example, in the small town of richmond, maine, they have created a facility to build boat interiors. between 60 and 70 new jobs have been created there in the last six months alone and they believe they can double the size of that operation in the next year. and just this week, they were given a maine technology institute grant for nearly $4 million to take the first steps towards building a 30,000 square foot facility that would create hundreds of more jobs building high speed patrol boats...
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the cap and trade they are trying to do tomorrow. i'm very, very, very worried. that's it. guest: thank you from richmond. i share the concern that we are seeing an administration that lacks the focus on the number one priority we need to be about right now. and that is getting this economy back on track. host: is a health-care part of the comet? guest: sure, it is part of the economy. but if you don't have jobs, the way this health care system works, you are not going to have health care coverage because most people, as we know, get their health care from their jobs. in fact, 77% of americans. we ought to be focusing on, number one, the jobs. and, number two, if health care will be the cost factor in terms of businesses out there, we need to address and we need to implement reform because if we don't, you will have businesses exiting the business of providing health-care coverage and then we will end up exactly where we don't want to end up, which is a government-imposed plan describing how people's coverage should look like an washington deciding which doctors and treatment you get. host: dawna has this
the cap and trade they are trying to do tomorrow. i'm very, very, very worried. that's it. guest: thank you from richmond. i share the concern that we are seeing an administration that lacks the focus on the number one priority we need to be about right now. and that is getting this economy back on track. host: is a health-care part of the comet? guest: sure, it is part of the economy. but if you don't have jobs, the way this health care system works, you are not going to have health care...
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the way an alligator competes with a duck. i think most americans, and i saw this at my town hall meeting on monday in richmond, most americans understand the that the federal option became available to all americans that millions of americans would lose the health insurance they have now. not because the government would mandate in it, but because millions of employers seeing in available public auction would simply inform their employees -- we are no longer a incurring the expense. you can call the government to get it. >> to date @ 6:00 p.m. eastern here on c-span. >> this week, prime minister gordon brown discusses the fate of british hostages in iraq and an upcoming inquiry on the iraq war. he also answers questions on government spending and u.k. jobs. following that we will show you the ceremony to welcome the new speaker, the john burko the presided over his first question time. tonight at 9:00 p.m. eastern. >> and knelt federal reserve chairman ben bernanke discusses last year's bank of america merger with merrill lynch, a deal that included billions in taxpayer dollars and over $100 billion in government guarantees.
the way an alligator competes with a duck. i think most americans, and i saw this at my town hall meeting on monday in richmond, most americans understand the that the federal option became available to all americans that millions of americans would lose the health insurance they have now. not because the government would mandate in it, but because millions of employers seeing in available public auction would simply inform their employees -- we are no longer a incurring the expense. you can...
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in fact, been the case, you can have a non federal city, new york or richmond or philadelphia , bar handguns completely if the second amendment is not incorporated so that remains a tremendous issue and in her decision making process in cases that she decided judge sotomayor earlier this year led to an opinion that held the back of the second amendment is not a fundamental right. that is a decisive an important question in whether the second amendment should apply to the cities and states so this fundamental right question is a matter of some real significance in truth there is a supreme court decision in the 1800's i believe that is consistent with that and she said in her panel that they were acting consistent with that opinion and in the seventh circuit agreed with her opinion on that issue in the ninth circuit, however has seen it differently. they concluded that the second amendment does apply to the states and the cities and counties of there is a difference of opinion. i was a person of this is a very significant case that will come before the supreme court. just earlier this year she
in fact, been the case, you can have a non federal city, new york or richmond or philadelphia , bar handguns completely if the second amendment is not incorporated so that remains a tremendous issue and in her decision making process in cases that she decided judge sotomayor earlier this year led to an opinion that held the back of the second amendment is not a fundamental right. that is a decisive an important question in whether the second amendment should apply to the cities and states so...
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and sometimes we prefer a more behind the scenes role in this leadership institute that i started in richmond for virginian women i always asked at the first session how many of you would consider running for office? one, maybe two will raise their hands. at the last session i asked the same questions, how many of you would consider running for office, the entire room raises their hand. we need encouragement. we need training to get more involved. we don't hear at clare boothe luce of anythinf
and sometimes we prefer a more behind the scenes role in this leadership institute that i started in richmond for virginian women i always asked at the first session how many of you would consider running for office? one, maybe two will raise their hands. at the last session i asked the same questions, how many of you would consider running for office, the entire room raises their hand. we need encouragement. we need training to get more involved. we don't hear at clare boothe luce of anythinf
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that being the case, you could have a nonfederal city, a new york, or a richmond or a philadelphia, bar handguns completely if the second amendment is not incorporated. so that remains a tremendous issue. and in her decision-making process, in cases that she decided, judge sotomayor earlier this year rendered an opinion that held that the second amendment is not a fundamental right. that is a decisive and important question and whether the second amendment should apply to the cities and the states. so this fundamental right question is a matter of some real significance. in truth, there's a supreme court decision in the 1800s i believe that is consistent with that and she says and our panel did that they were acting consistent with that opinion and the seventh circuit agreed with her opinion on that issue. and the ninth circuit, however, has seen it differently. they concluded that the second amendment does have apply to the states and the cities and the counties. so there's a difference of opinion. i would just say, first of all, this is a very significant case. it will come before the
that being the case, you could have a nonfederal city, a new york, or a richmond or a philadelphia, bar handguns completely if the second amendment is not incorporated. so that remains a tremendous issue. and in her decision-making process, in cases that she decided, judge sotomayor earlier this year rendered an opinion that held that the second amendment is not a fundamental right. that is a decisive and important question and whether the second amendment should apply to the cities and the...
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the mail we receive from jeffrey lacquer, federal reserve bank of richmond, that indicates that in factthey felt there was pressure related to the mac. how do you explain that? is that just another independent person that misunderstood? >> well, i don't recall the details of that conversation but i would like to make two points first, as i said -- >> let me give you the details to make accurate. per quote, just had a long talk with ben, the parentheses, bernanke, says they think the mac threat is irrelevant because it's not credible. also intends to make it even more clear that if they play that card they need assistance, management is gone. now, is he misunderstanding with the conversation he has with you in those quotations? >> i don't recollect everything said in the conversation. i would like to make again, two points if i may. >> do you believe that he is incorrect according to your recollection? because he's saying in a nutshell you planned to make a threat. now you may not have done it but he's saying he planned. is he lying? >> i don't recollect the details of the conversation.
the mail we receive from jeffrey lacquer, federal reserve bank of richmond, that indicates that in factthey felt there was pressure related to the mac. how do you explain that? is that just another independent person that misunderstood? >> well, i don't recall the details of that conversation but i would like to make two points first, as i said -- >> let me give you the details to make accurate. per quote, just had a long talk with ben, the parentheses, bernanke, says they think the...
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the way an alligator competes with a duck. it consumes it. i think most americans -- and i saw this at my town hall meeting in richmond on monday. most americans understand that if the federal option became available to all americans, that millions of americans would lose the health insurance that they have right now, not because the government would mandate that they would lose it, but because millions of employers seeing it available -- seeing an available public option would simply inform their employee we're no longer incurring the expense of health insurance. you can call the government to get your insurance. >> "newsmakers" with congressman mike pence today at 6:00 p.m. eastern here on c-span. >> how is c-span funded? >> publicly funded. >> donations maybe? i have no idea. >> government? >> pan span gets it funding through the taxes. >> federal funding? >> sort of a public funding then. >> maybe. i don't know. >> how is c-span funded? 30 years ago, america's cable exeabs created c-span as a public service. a private business initiative. no government mandate. no government money. >> a discussion now on the state of the econ
the way an alligator competes with a duck. it consumes it. i think most americans -- and i saw this at my town hall meeting in richmond on monday. most americans understand that if the federal option became available to all americans, that millions of americans would lose the health insurance that they have right now, not because the government would mandate that they would lose it, but because millions of employers seeing it available -- seeing an available public option would simply inform...
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for more than 40 years she worked at a bakery in the miller and roose department store in richmond virginiawhen i was a child to made me many visits to my home. whenever my family fell on hard times, and it was often, my mother would send rle. she would always come. we would meet her at the greyhound bus station. she never travel light. she had several platts cases with leather buckles tied together with assorted straps to secure the contents. fill to bursting, the suitcases had apples and pears from her front yard and virginia. she also had a smoked shoulder of pork placed inside a burlap bag. this was a prized possession. aunt lilly had come to feed a hungry family in baltimore and she was always right on time. because the way to get her to the house. i should klan the rickety front steps to 1641 barnes street around the corner from the johns hopkins medical school she called out for the children to get the paring knives to appeal the apples and pears. she called for the big pots, to boil the water for that old-- when aunt lilly pulled on her old white campus apron, we knew we would have
for more than 40 years she worked at a bakery in the miller and roose department store in richmond virginiawhen i was a child to made me many visits to my home. whenever my family fell on hard times, and it was often, my mother would send rle. she would always come. we would meet her at the greyhound bus station. she never travel light. she had several platts cases with leather buckles tied together with assorted straps to secure the contents. fill to bursting, the suitcases had apples and...
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the american people. but as i saw yesterday at a town hall meeting in richmond, indiana, there is profound sentism is among my constituents and i expect millions of americans about the a vast expansion of the government's role in our health care economy. house republicans have offered solutions that will make health insurance more affordable, more accessible and more available for the american who is comprise the some 45 million uninsured working citizens in this country but what i heard yesterday, at my town hall meeting was profound skepticism about the introduction of a government option to compete with private health insurance companies in this economy. i think most americans know that the government competes with the private sector the way an alligator competes with a duck. it consumes its. i saw it on the faces of my constituents. as the president reaffirmed today. if his party mere in congress and his administration introduceses a government-run option into our health insurance economy, tens of millions of americans will lose the health insurance they currently enjoy. two reasons. their employers wi
the american people. but as i saw yesterday at a town hall meeting in richmond, indiana, there is profound sentism is among my constituents and i expect millions of americans about the a vast expansion of the government's role in our health care economy. house republicans have offered solutions that will make health insurance more affordable, more accessible and more available for the american who is comprise the some 45 million uninsured working citizens in this country but what i heard...
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important statement to continue to convey the message, particularly repressing peaceful protests by violence are simply unacceptable. host: next up is richmond, virginia, greg on our line for independents. caller: good morning. i wanted to know how come we haven't heard more from some of the more moderate and middle eastern countries? where is their voice, like jordan, yemen, what have they been saying about this, and shouldn't they be speaking out for more democracy, in that area, also? >> well, that's a good point. the fact is that iran's arab neighbors are not quick ever to comment on iranian internal affairs. they are neighbors, and they are nervous about iran's influence in the region, and very often they calculate that to make the kind of comments which you recommend could worsen matters between them and that big neighbor, so they are always cautious. this is also a point here, too, that the internal affairs of some of those countries don't bear too close scrutiny anyway. some have elections. some have elections which a lot of international observers doubt. some don't have elections, so -- although elections are not the be all and end
important statement to continue to convey the message, particularly repressing peaceful protests by violence are simply unacceptable. host: next up is richmond, virginia, greg on our line for independents. caller: good morning. i wanted to know how come we haven't heard more from some of the more moderate and middle eastern countries? where is their voice, like jordan, yemen, what have they been saying about this, and shouldn't they be speaking out for more democracy, in that area, also?...
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would give the world confidence that the risks associated with those activities are being controlled. if we continue to hold out for suspension of their in richmond program and ultimately 0 in richmond in iran, -- for suspension of their enrichment program -- my view is that what iran wants is first of all recognition. they want to have security. they want the islamic republic to be recognized as the legitimate government of iran, not as by the regional neighbors but perhaps most importantly by the united states. they want to know the united states except to the islamic republic and that's 70 million people, the biggest country in the region by far, huge hydrocarbon reserves in a critical geostrategic location. there is no way this country will not have an important role in this region. they want to have that role legitimate and except it by their neighbors and by the united states. host: does go to sheila in connecticut. you are on with flynt leverett. caller: if you'll let me say my whole statement. i would appreciate it. i was wondering what the u.s. pokes its nose where it doesn't belong. we don't other countries but into our business. we the
would give the world confidence that the risks associated with those activities are being controlled. if we continue to hold out for suspension of their in richmond program and ultimately 0 in richmond in iran, -- for suspension of their enrichment program -- my view is that what iran wants is first of all recognition. they want to have security. they want the islamic republic to be recognized as the legitimate government of iran, not as by the regional neighbors but perhaps most importantly by...
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the way an alligator competes with a duck. it consumes it. i think most americans -- and i saw this at my town hall meeting in richmond meeting on monday. if that option became available to all americans, millions of americans would lose the health insurance that they have right now, not because the government would mandate that they would lose it, but because millions of employers seeing an available public option would simply inform their employees we're no longer incurring the expense of offering health insurance. you can call the government to get your health insurance. >> "newsmakers" with congressman mike pence today at 6:00 p.m. eastern here on c-span. >> conservation is the beginning of the battle. there were two sides of it, just like there were on land issues. should you draw in anwar or not. >> historian douglas brinkley on the early days of the conservation movement. >> he was not what you'd call by modern terms a wholistic -- he believed in hunting, but he did not believe in hunting so you make the species extinct. so, yes, he cared about butterflies, he cared about wild flowers. he wanted to make sure we had a place for tha
the way an alligator competes with a duck. it consumes it. i think most americans -- and i saw this at my town hall meeting in richmond meeting on monday. if that option became available to all americans, millions of americans would lose the health insurance that they have right now, not because the government would mandate that they would lose it, but because millions of employers seeing an available public option would simply inform their employees we're no longer incurring the expense of...