that's fed ex and u.p.s. i just thought i would take a look at those contracts and was told that i can't look at the contracts. that only one person in congress under those contracts is allowed to look at the contracts. they are redacted. and it reads that the only person who can get it is the chairman of the house sub committee with oversight responsibility. >> there's a story here. >> i know there is. >> we don't know it, but there is a story here. >> that's what i want to find out. i have never seen a provision like that. it is not just offensive to the senate, but congressional oversight. it is offensive to the taxpayers of the united states. i just want to see what the deal is. i think senator colburn mentioned we should deliver the last mile of mail for u.p.s. and fed ex. we do deliver the last mile for them in many places. which is fine. i'm all in favor of that. providing it is a fair deal. we have some oversight responsibility. apparently they transport most of the mail that goes by air now. it is no

so great that u.p.s. and fedex as senator levin referred earlier basically purchased the services of the u.s. postal service for the delivery of that last mile. considering even all that, we still think that the postmaster feels very strongly about this and the unions have cooperated with some significant reduction in work force, but we need more. there have been some suggestions that we should legislate to override existing contracts. collective bargaining agreements to allow involuntary departures from the postal service, but we thought that that was not a fair thing to do. so working with the postmaster general, we have created this system of incentives, both -- basically bonuses -- a bonus to retire not more than $25,000 and then at the request of the postmaster i believe to add in the possibility of or -- it's an either/or of service credits to reach 100,000 employees who are eligible for retirement who will retire as a result of this package. the savings will be quite enormous and they do come out,

u.p.s. did provide this answer for us. it says that when calculating shipping weights for packages it rounds up simply to the nearest pound. so 1.6-pound package is going to round up to 2 pounds. it also does something called dimensional weight calculation to account for the size of package. that's because planes and trains that ship packages typically run out of space before they reach a weight capacity so the shape of the package matters as well. if you've got a question you'd like us to consider for ask liz send it to ask liz at nbc washington.com. connect with me on twitter. just search liz crenshaw. on facebook by searching liz crenshaw's consumer watch. coming up at 5:00 tonight what are the rules for taxes on those restaurant to go bags in montgomery county? do you pay that five cent tax? where does that whole leap year thing come from? what is the best way to wash your blue jeans? we have the answers at 5:00. >> 30 rock had a whole episode about it. >> leap year, leap year. >> thank you, liz. pat, back over to you.

a u.p.s. truck plunged off the side of a windy -- excuse me, of a windy road in the saratoga hills and landed about 300 feet below. it happened on heather heights road near the intersection of highway 9 and skyline boulevard. a red corvette reportedly hit the back end of the u.p.s. truck as the driver was trying to make a turn. then the truck went down the embankment. a bicyclist saw the accident and immediately called 911. the u.p.s. driver was taken to the hospital with minor injuries. the rescue crews say it's ama amazing the driver wasn't badly hurt. >> amazing. >>> after a five year quest, stanford sets a staggering record for universities. students may not be celebrating zblfshl . >>> coming up, promising new research at ucsf that may offer heart attack patients major benefits. >>> you might say they're back. arnold schwarzenegger teams up with another action star. details of his later project. >>> good evening, i'm jeff eri in the nbc bay area weather center. after the dense fog this mo

. >> we heard from u.p.s. who told us there pension accounting change that will occur and it will be mark to market. that will have an after tax charge in 2011. is this something that others will come forth and do? >> u.p.s. has taken an option to take the change in status through earnings. there is a handful of companies that have done that and the rest of them will amortize the liability losses the last year and still result in probably record levels of earnings. >> will we see this pick up this year? i'm wondering because we have been hearing about the under funded pensions for quite sometime. what causes companies at this point to start recognizing the problem and dealing with it? >> it's accumulating and paying off the 2008 asset loss and this past year it's all about interest rates. they analyzed the market rate and the interest rates dropped 118 basis points. the liabilities are going through the roof. give us another update on this problem facing this. is this a reason why you stay clear. we had this f

. >>> transportation stocks dipped as u.p.s.lipped despite delivering a quarter profit. >>> fred goodwin has been stripped of his knighthood after leading the bank into near collapse during the financial crisis. >>> finally, it appears the virtual voice of the iphone 4s doesn't understand scottish. when asked how is the weather today, siree mistakenly hears how is the weather on labor day? you hope the iphone 5 will speak scottish. >>> carmelo reappears for the knicks and another top ten college upset in college basketball. the craziness and cliche that is super bowl media day. your early morning sports headlines are straight ahead. >>> now that we're into february, will winter ever show up? it doesn't look like it tomorrow. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." >>> in sports, this is supposed to be the year the new york knicks finally put all of the pieces together. but, instead, up until last night, they have been falling to pieces. here is

i thought when i see a stock like u.p.s.aking a very expensive tender offer in europe and the stock didn't get hit, you know what that tells me? that tells me you got a solid buy! it is outperforming fedex, i think u.p.s. is terrific. my charitable trust owns it. i wish it would come down so my trust could buy it back. all right. guy puts it right to us, business school guy saying, jim, what the heck? we're making it a new segment. when we see stocks counterintuitive like lockheed martin, we will drill down and what the heck? turns out it's cheap, shareholder friendly and a bunch of catalysts. stay with cramer. >>> coming up -- ride the lightning. take a non-stop thrill ride as cramer goes stock after stock. all your calls ticking rapid fire on the "lightning round." and later, whether the dow soars or hits the floor, jim tries to help you stay on steady ground with "am i diversified?" all coming up on "mad money." >>> it is time. it is time for the are you "lightning round" on cramer's "mad money." play until you hear this

. >> it's the same truck, u.p.s.me tag number, same truck, great big old brown truck. >> and before you even ask, no, weighly does not drive a u.p.s. truck. tonight, hear from others who say they're having the same problem and why they blame the dmv. so what does the dmv have to say? we sat down with the director to get the answers. see what she has to say tonight on news4 at 11. >> we'd like to know. thanks. >>> back in 1970, a tv show called "soul train" went on the air in chicago. it was very popular, so much so that it went into syndication the very next year. the show was created by don cornelius. he hosted it for more than 20 years. don cornelius died two weeks ago. > in philadelphia, they loved that show. yesterday people up in philly showed their love for cornelius and the culture turl icon he created. they wanted to form a record of the "soul train" line. folks in philly shattered the record. 327 people taking their turn. lord knows if i had been there i would have been 328. >> you know it! >> they got it on

u.p.s. trying to make a takeover. that top business headlines. at&t still in talks with u.p.s. after it rejected the $6.5 billion takeover offer. 42% premium offered for the closing price today. at&t faces pressure to shake up the board and increase shareholder value. the nyse is not waiting long to get baek in the hunt for acquisitions. the nyse making an initial bid for the london metal exchange. the bids will be considered by the board next week. analysts say the lme could be valued as much as 2$2.4 billion. oil prices today, a big story. closing out a great week with another rally. crude oil increasing by 93 cents a barrel tonight to settle at a nine-month high of $103.24 a barrel. it was close, but no cigar for the markets. we saw the dow post a modest rally today, but fell short of the 13,000 milestone by about 50 points, that we haven't seen since may of 2008. the major indices did manage to finish with gains. some are wondering if the rally had legs into the year. our next guest is taking a bullish stance. he's a chief investment strategist. and jeffrey, chief market st

u.p.s. drivers are dropping stuff off everywhere. that's the economy we want. >> if i'm president of the united states, i will stop all the obama era regulations. i will make sure any of those that kill jobs, we eliminate and i make sure we get america back to work again. >> i think you will see the economy recover the minute obama is gone. that is how decisive the change is going to be. >> and follow the candidates as she me they meet with voters. >> i thought i saw you. >> yes. we're working hard for you. >> and use our web site to view video from the campaign trail and read the latest postings from the political reporters and other articles from c-span sites. >>> richard cordray was named as the first director of the consumer financial protection bureau in a recess appointment this month. following the bureau's report to congress, mr. cordray testified at a senate banking committee hearing. this cfpb received more than 13,000 complaints related to mortgages and credit cards and other financial products. this is just under two hour

wal-mart, u.p.s. and fed-ex with logistics. with an army of 650,000 volunteers, the red cross finds it is easy to get in a c.e.o.'s door, but it still has to ask for help. so it's been a tough economy lately. are companies being more generous or are the being more tight-fisted? >> we're finding that our corporate donors are sticking with us. some are making larger donations. but we're not seeing a pullback. we're also doing more outreach, making more asks than we had in the past. but i think the organization is starting to realize that giving someone an opportunity to give is actually a gift in and of itself. >> reporter: you guys actually went through a tough time and companies were a little reticent about doing things with you. so what do you have to do on your side to make people feel that we can be socially responsible with you? >> so when i first got the american red cross, we closed our books eight days later with a $209 million operating deficit and about $600 million worth of loans on top of that and so we had to get fi

i doubt fedex or u.p.s. would deliver it for 47 cents to tell you the truth. so i don't know that it changes anything other than it would solidify and codify the idea that private property is private property and that the individual has the right to exercise how >> here's part of the problem that i see with this. you're viewing it from the point of private property, but i think the effect of the passage of this amendment would be to further hurt, maybe cripple, the finances of the post office because one result would be that private operations which in some sense are trying to supplant the postal service could basically cherry pick the most lucrative routes and services and deprive the postal service which is bound by this constitutional legal statutory requirement of universal delivery no matter where you live and make it harder for the postal service to survive financially. probably also lead to an increase in rates paid by citizens to mail through the postal service. >> but there still would be laws in place on first class mail. i don't think this changes t

>> not a public center for fedex and u.p.s.! to rip off the people! return overpaid pension funds. and the extreme 75% payments. that means the post office makes a profit. stop draining postal resources. stop closing post offices. stop breaking the postal unions. [ inaudible ] destroys the community. stop laying off the postal workers. post office should be based on human -- [ inaudible ] save it, stop destroying it. hey, hey, ho, h oo -- [ inaudible ] [ booing ] >> well, the good thing is, they've definitely been paying attention to the situation. [ laughter and applause ] at any rate. if we could only get that $11.4 billion back, we'd be able to keep a couple post offices open. but such mandated obligations have really been an enormous drag on our financial stability, and they are obligations which we've had absolutely no control over. consider this -- during the worst downturn in mail volume in 2008 and 2009, the operations of the postal service, the operations were profitable. our $6.6 billion in losses were due to a $7 billion mandated retiree health benefit payment that no ot

we are very much tied into both fedex and u.p.s. from a standpoint of delivering their packages, and you know, we use them for transportation purposes, too. and we've learned a lot from them as far as visibility and customer expectations that way. we've learned a lot from retailers around how to best serve customers, looking at different options on self-service and some of those. so, from a standpoint of best practices, we're open to anyone, any business in the u.s. tot to the same thing with >> what do you do with respect to measuring customer satisfaction and where are you with that? >> we have a saying,were measur everything. we measure point-to-point service, whether it's blue mail, box mail. we measure right now all of the commercial mail that comes through. we probably on a monthly basis have a delivery score for about 8 billion pieces of mail. so, we measure that against time and service. we also run mystery shopper programs and we've got customer experience measurement. we're constantly looking at what the customer's saying

again, you have to apply on line at u.p.s., there is no option anymore. will reimburse tuition in many cases. web.com is another one, provider of on-line web services worldwide. >> this is interesting. i thought this company was a little different because there's not a lot of jobs. it's 39 jobs. they're going to be adding more jobs this year. it's in jacksonville, florida. what's new about technology companies nowadays is they're in different parts of the country. it doesn't have to be just silicon valley or chicago or new york like it used to be. they do web design and the salary range is pretty large. $25,000 to $150,000, if you can do anything that's i.t. related, web related, any engineering skills, not just web.com but look at other companies that have these kinds of jobs that are available. they've been acquiring other companies. i think that's a sign of a strong company to work for if you're buying your competitors. >> a u.s. affiliate of a japanese company. >> this is the u.s. arm of this. most of the jobs are in illinois and in california. they s

office up into a whole bunch of pieces and and privatized big chunks of it and you know fed ex and u.p.s. have got to be involved in the lobbying in this in my conspiracy theory but still interesting because liberals are you know say they're concerned about fiscal matters but yet when we want thing corporations or entities to be able to fund their pensions and their long term things just like the auto industry what was killing the auto industry in this country it was the pension obligations you know on the mind of our tariff laws you know it was the pension obligations that they could not find and here it is we've got social security going bankrupt medicare going bankrupt we don't know encrypt they're both just fine thank you very much oh my gosh come on your show your idiocy all the money and they spend it on something else and they put in paper i.o.u.'s there's nothing there what are these are you telling me the treasury bill is a paper iou get results nothing but you mean georgia babies born with nothing to make me a promise that you are not relying on that for when you are tired beca

they took a page out of u.p.s. and fedex and track your bag.s let you see where it is within the airport. so obviously this is something that will help. airlines want to charge us more for ticket prices. if they do, they have to do better on the two things we love, take off and land on time and have our bags there when we check them, when we arrive. >> shepard: it feels like they're more focused on their core business than all the perks. >> yeah, absolutely. there are no frills. it's funny to watch airlines that used to be the no frill airlines, now the frill airlines because they have free checked bags. all airlines are low-cost airlines now with american airlines going to come out of bankruptcy in the next year or so. i think all of the them reduced their costs and they'll all act more like low-cost airlines but need to raise prices with the high fuel and consumers are pushing back. >> rick, good to see you. thank you. >>> meat from a test tube. a research team in the netherlands can turn a product from a test tube in what looks and tastes li

u.p.s., while somewhat cyclical, i think shareholders would prefer seeing more in the dividend side.t the moment that the dividend stocks, a little out of favor. so far this year, i was looking at the stats that say the stocks that pay no dividend at all averaged a gain of about 8.3%. the dividend players really underperformed. >> i think it's a combination of -- you mentioned financials as being some of the best stocks. it looks like the rotations in the industries that are depressed. if the economy is going to be better, interest rates stay low. what could be the next area for a big boost. my sense is, longer term, the companies that have a strong balance sheet, high cash flow yield, and give more back to the shareholders are very healthy companies, giving people attractive total returns, in a market, global economic growth environment that's going to be somewhat slow. >> what is your take on dividends? are they ever a bad thing? >> no, they're not a bad thing if they're paid -- if the company is strong enough to pay them. depends on the company. >> or is it a big red light saying

u.p.s., sales number for the month of february already this week. >> can we get the camera to turn aroundne -- this is real lin-sanity here from a cnbc perspective. the speed these guys are looking at. the people hanging around to get their stuff. >> turn the jersey over, the t-shirt over. >> mitchell modell always selling. >> you buy any lin jersey? maybe on valentine's day. >> my sweet heart got a lot more than a lin jersey. but what i will say is it's very difficult to get to know mr. lin if you're priced out of the garden and you can't watch knicks and rangers games. >> of course it would be lin-sanity. >> it's particularly frustrating this is happening. the knicks are finally a watchable product and you can no longer watch these teams in new york. >> i understand the concept of purchasing a jersey, but buying a basketball jersey like that in the middle of winter, where are you wearing it? >> over all your other stuff. >> over your hoodie, joe. >> okay. just checking. >> anyway, next on "fast," will gm deliver in reports tomorrow? we've got the trade. karen has the fine print on the p

meantime, u.p.s. is trying for a $6.7 billion acquisition. the company botched by tnt express but discussions are still going on. and fresh from the collapse of a deutsche deal, sources say nyse next is among those to put in a bid to buy lme exchange. cme group also among bidders. >> we've been on a great run lately, but since it's almost friday the 13-k, we want to look at spooky similarities between this market and two other big runs and drops in the past. the s&p 500 hit a high of about 1552 in march of 2000. then got crushed as the tech bubble burst losing 50% of its value in about 19 months to bottom out at the time at 768 back in october of 2002. we then began an exactly five-year march higher. breaking to a new intraday high of 1578 back in october of 2007. then you know, folks, the bottom fell out again. the financial crisis hit. sent us down 57% in just 15 months to the rather ominous 666. that was our intraday low mark back in march of 2009. now this run. we are nearly three years into this bull market run. we have more than doubled

while fedex has revenue of 39 billion per year, it's not the ground and air shipping giant that u.p.s fuel has both a massive carbon footprint and could be crippled in the next global oil shock. some who follow fedex actually believe the biggest problem it has is also its biggest asset. >> fedex is fred smith, and he won't be there forever. >> reporter: brian schactman has covered fedex for cnbc. >> apple without steve jobs, what will fedex be without fred smith? he is the company. >> reporter: then there's the occasional pr disaster that goes viral and global, all because the fedex guy delivering the new computer monitor was having a bad day. the video of the guy throwing the box -- >> oh, my goodness. >> reporter: jay leno had a field day. >> especially when the fedex guy -- >> don't touch me. >> here is your -- >> reporter: what was your reaction? who scraped you off the ceilinging? here's a delivery guy, a hidden camera, and boom, you're dealing with a pr crisis during a high volume time of year. >> well, you're right. everybody in the organization just sick about it. all that we

last, that has a firm foundation, where we're making stuff and selling stuff and moving it around and u.p.s. drivers are dropping things off everywhere. that's the economy we want. >> if i'm president of the united states, i will stop all the obama-era regulations, i will make sure that any of those that kill jobs, we eliminate, and i'll get america back to work again. >> i think you're going see the economy recover election night. the minute people realize obama's gone, that's how decisive the change is going to be and how rapid the change is going to be. >> and follow the candidates as they meet with voters. >> i thought i saw you. we're working for you. >> we're working hard for you. >> and use our website to view recent video from the campaign trail and read the latest postings from candidates, political reporters, and other viewers from social media sites at c-span.org/campaign2012. president obama is at the 60th annual national prayer breakfast this morning live on c-span2 in an hour at 8:00 eastern. on c-span3 at 10:00 a.m. eastern, federal reserve chairman ben bernanke testifies bef

we've been talking about the fact there was a big boost to employment in december because of couriers, u.p.s. hiring people to deliver the goods everyone ordered on line. we saw the same thing last year. i think that may play out again. underlying dat at that, the trend is probably not a whole lot different. we average the two months together, probably payroll growth of 160,000. it's not great but it's certainly an improvement. >> the big question becomes what happens with the up employment rate. that's the number main street sees and thinks this is a good indication of what's happening. what we can tell from the participation rate it's well below. if people come back into the workforce, that can throw that number off. >> exactly the issue. we have a couple moving parts. of course the number of people looking for work but if the labor force increases because people get more optimistic about finding a job that works against the unemployment rate coming down and then the other issue this month where we have new population controls. there will be a lot of noise in the data. we have revisions go

for comparison, consider that u.p.s. is worth about $75 billion. they employ about half a million people all over the world. facebook could be worth more yet only around 3,000 people actually work there. most massive companies make things. facebook makes connections. and mines the data. time will tell if that's a good business model. if you bought a shire of goog lg for $85, you could sell it today for over $500. >> very happy employees. >> thanks, bill. >>> let's get to sam champion, right now. boy, the record-high temperatures. look at that orange. >> good morning, everyone. everyone's talking about the heat. the more spectacular comparison is last winter. 52% of the nation was covered or buried in snow to this past january. 70 record-high temperatures smashed. it may be winter. but it feels more like spring. at least 40 record highs over the past two days from the central plains to the east coast. chicago, experiencing its warmest winter in 80 years. close to 60 degrees tuesday. joplin, missouri, 66. washington, d.c. and atlantic ci city, new je

how many of you have engone online to check a package at u.p.s. or fedex. raise year hands oecht to drive this home. this is not a theory. it's a practical reality that we have the technology that enables us to track between -- we track 24 million packages a day while they're moving and we allow you to find out where they are for free. now here's the world that fails. the federal government today cannot find 11 million illegal immigrants, even if they're sitting still. now, i have a simple proposal. we send a package to everyone who is here illegally. when it's delivered, we pull it up on a computer. we know where they are. let el me say to my friends in the media, that was hyperbole and we don't need a fact check. >>> now, i'm going to give you a series of solutions that are big enough. we have lots of bickering, lots of arguments about this and that, virtually no discussing of what does it take to take the most complicated society in the world and move it back to being the most successful, most prosperous, safest and freest country in the world. i'm going

they do it in a business fashion, fedex, federal express, u.p.s. the federal government is stuck in the 1950's, and we need to change that, and i think the appropriations process is the right vehicle to do it. mr. pryor: and that does go back to the appropriations process because obviously those things take money, they take an investment in our future, but the truth is if we're stymied in our appropriations process, there is just a lot of good things that we can't get done because those vehicles when they go through, we can take care of the challenges that present themselves around the country. we have a lot of needs in this country. i certainly am a promoter of investing in infrastructure, and the ports are very -- very important to our nation. madam president, with that, i would yield the floor to the senator from tennessee. mr. alexander: i want to thank the senator from south carolina for his leadership on helping to make the senate work and for his good example and for his giving us a specific example, the deep ports, of why it's important tha

i mean we've had u.p.s., macy's, all these companies for so long have been crying for something likereally say no to something that might not be -- are you letting the perfect be the enemy of the good? >> well certainly this is an opportunity to talk about what you want to be perfect. and i think that's the biggest missed opportunity by the white house. they were given a starting point by their bowles-simpson fiscal reform commission. they've consistently ignored its guidance. its guidance said get rates down, broaden the base, move to a system that doesn't tax foreign earnings at all, much less having a minimum tax. then go in a different direction. i think what makes corporate america nervous is the starting point is so far out of line with our competitors that you worry about a deal coming to the that actually helps on all fronts. >> one thing we don't know a lot about is the minimum tax on foreign earnings of global companies, right? any clarity on that? >> i don't know what that is. i do know that for three straight years, including two years when the democrats controlled the ho

because u.p.s. said domestic is strong, we're recommending fdx. kind of wide. no real share take. >> we have earnings today. humana and hasbro. >> look, this group has been a disaster. we don't talk about it enough. a lot of talk about about how they're sperndzing more -- spending more money on healthcare and not enough on enrollment because not enough businesses. last week, chipolte cfo said on my show, the obamacare is going to hurt all employers who do not offer the kind of health benefits that obama wants. >> hasbro, 20% dividend hike. what you like to see. >> toys are working and they're working big. if you want to see what a dividend looks like, i have to here from david faber. that company has been a disaster coming out of the chute. suddenly, they have something to write home about. >> overall, after friday, you said the multitude of bears out there need to start changing their minds. >> well, look, they're going to be emboldened by the fact that the market can tread water. they don't have enough to take this market down unless iran erupts. >> really? y

where we are making stuff, selling stuff, and u.p.s. drivers are dropping things off everywhere. that's the economy we want. [applause] >> if i am president of the united states, i will stop all the obama regulations. i will make sure that any of those that kill jobs we lim eliminate and i will get america back to work again. >> i think you will start to see america recover election night. i think as soon as people realize obama is gone, that's how decisive the change will be. >> follow the candidates as they meet with voters. i thought i saw you. >> we're working for you. >> use our web site to view recent video from the campaign trail and read the latest postings from the candidates' campaigns and social media sites at c-span.org/campaign. >> now a forum hosted by the hispanic leadership conference. the people in this hour-long discussion include the governor of puerto rico. >> i would like to ask pablo sanchez to please come back up here. if you have not "liked us" yet on facebook, please do that, so your friends can see pictures of you during the debate party last night and t

delays in traffic for something like u.p.s., five-minute delay, i think translates to something like $100 million of costs to them over the course of a year. and this $1.57 of economic impact for every $1 invested translates into over 25,000 jobs for each $1 billion that is spent on infrastructure. a far greater rate of return on -- than on military spending, on a lot of the other things. tax cuts, for heaven's sakes. this is really economic benefit. and particularly when we have a building trade sector where unions are looking at 20%, 30%, 40% or more unemployment, these are opportunities to put people to work tomorrow on things that people in america need today. mr. garamendi: we ought not dance around one of the issues involved in this infrastructure . that's where's the money coming from, how are we going to pay for this? our colleague, rosa delauro, for more than 15 years have made a -- has made a proposal what europe has for the last 30 years now, an infrastructure bank, a way to finance those projects that have a cash flow. the specific ones that you are talking about, the bri

u.p.s. had a good number. these are important tells for me including caterpillar which has been stalled since it blew out the number. >> speaking of caterpillar, this jobs report really does make it seem like qe3 will be put on the back burner for now. it's interesting to think back to what the caterpillar ceo said during the earnings release. that is he is worried about central banks around the world getting a little bit too ahead of themselves when it comes to positive economic data points and raising rates too soon. >> although as santelli pointed out in the last half hour markets are now pricing at a hundred percent chance of a fed hike by the end of 2013 which is earlier than the fed says their window will last. >> what would bernanke have sounded like today instead of yesterday, right, if we had this news out there? would we have gotten the same testimony? >> no, no. >> the same language around the possibility of qe 3? >> no. i think what would happen is he would have to say, you know, i put this 2014 de

we love our home depots, deltas, we love our u.p.s.'s and wall marts, but that's not where the job growth comes from. the president's absolutely right. job growth comes from our small businesses. and two years ago lism to the day, mr. speaker, the president knew it. the president knew that if we are going to get this economy back on track, we have to start with the folks who hire. we have to start with the folks who are able to put americans back to work, our smull businesses. mr. speaker, this is a chart that came from the service services administration, one of the administration that the president oversees. you can't see it mr. speaker, but this chart goes from 1995 to 2011, and what it shows is the number of published final rules that cost american businesses more than $100 million a year. that's what it takes in this country, mr. speaker. before we consider a rule, a really powerful rule, before we consider a rule really detrimental to this country, it has to cost $100 million. i tell you the cost of $1 million is important, $10 mi