and unclear -- discharge, it is also uncertain and unclear, and given the most current ruling out there that carbon emissions are considered a pollutants, is essentially then, anything that is going on up north could be considered a discharge that could be subject to these rules on discharge, so we are concerned because the impact on existing production could be quite detrimental. >> down here. >> could you talk a little bit about shale gas energy and alaska gas? there is potentially a huge amount of gas that would flow into u.s. markets, and where do you see the alaska project position? >> good question. we do have great potential here. we are seeing it coming out of various areas, and these are sources that, quite honestly, 10 years ago, five years ago, we really had not factored -- factored into the mix, and they are extremely important if we look at natural production and how we bring it up and bring it into the distribution system. that is huge. i believe that you're going to need to produce ever the domestically here as well as what we can deliver from alaska. we have got 23 milli

maternal rates in the world even those born under the best of conditions in sierra leone had an uncertain future it was a cruel indifference was a compassionate gesture sparing the mother what the nurse felt was the inevitable death of the baby. i was unsure the patient understood the question at first but the young woman not her head in unambiguous affirmation. tell her i don't know if he will survive, i said. but if she wants, we can try to keep him. amy hesitated for a moment and then translated. the mother noded her head again, yes, yes. time jumped into fast forward. we have to get him warm i urged anxiously with newfound purpose. newborns have very little fat and were unable to maintain their own body heat. there was little i could do are for the baby but hope that the infant's decrease in body temperature was the cause of his unresponsiveness. the ward had no warming cubicles or heating blankets like in the states i had amy me strip the mother and the body of the baby. we proceeded to wrap the pair in every available blanket and transform them into undistinguishable mass. heaped hi

saw a dramatic drop off in the project, particularly larger, longer term projects because of the uncertainlt created how is the state going to plan the project if they are only planned 18 months of funding. i believe the states would be faith in the administration. >> my state and many states are constrained by state constitution and other responsibilities saying gee, the government will make good on, it didn't work during the last authorization. why will it work now when states are in much worse shape and their position is unsure. if the fund gs was available under 18 months, it is fot at all restribblingted. right. it's going to take three years to complete. we can outlay a third of that maybe 18 months. do you think they might just pull back like they did the last time. >> the exceptions were in a matter of weeks. it is different. thank you. i don't think you've answered it. >> i think jeff's point is we will taken. i was working in congress when they were doing thoseó?j short-term extensions. the center piece of that proposal is the bank rupsi not long this after. let's just not alarm

the reporting contributes to financial security by reducing the level of uncertainity in the system. the equally important regulation on banks on overall financial stability of the system. now, given our different missions and focus, it's not surprising that we would have different perspectives on different accounting and reporting matters. for example, bank regulators may be less excited about the use of fair value measurements because it is concerned with the impacts of regulatory capitol. while we as standard setters use such information to understand and evaluate financial condition, risk and performance of the institution. my experience has been that while working together and sharing perspectives, we can't often find common ground and meet the needs of other regulators while reporting to investors. in some cases, the reporting treatment may not properly receive the objective to reporting to the investors in the capitol market. in some cases, transparency is important. it's not spornt to avert the needs of the requirement. it is a public policy goal to ensure the proper regulati

write these rules, and in terms of how you define what this is, for the purposes of this this is uncertain. and given given the most current ruling that is out there, that carbon emissions are considered polluting, anything that is going on up north, could be considered a discharge subject to the rules. we are concerned by the impact on existing production, this may be very detrimental. >> down there. >> can you talk about shell, lng, and alaska gas? there was a development that transcanada -- this is a difficult question. there is a huge amount of gas, going into the u.s. markets. where do you see the project position? >> it is is a good question. we have great potential in the country, this is coming out and these are sources that, quite honestly, 10 years ago, we had not factored in. these are extremely important looking to domestic production. you have to get this into the distribution center. i believe that you will need everything that we can produce domestically as well as what we can deliver -- we have 25 cubic feet of the reserves. we're going to need all of them, particularly if

it remains uncertain whether these committees will actually market up. then, it is a matter of bringing it to the house floor. the senate moves on a different track. they have their own issues with the climate change language that has been very difficult to get through the senate. harry reid is moving through the upper chamber. he later said if the house can move a bill, then he can move a bill. this is speaker policies -- nancy pelosi is flagship bill. whether she can get this through the house. if the kids to the house, it will pick up momentum with a push from the white house. you never know. host: in more mundane issues such as spending bill, the word is the house will take up the homeland security spending bill this week. how was congress doing in getting their work done by the beginning of the end of the year? calleguest: they have made some progress. the chairman wants to move all the appropriations, one by one, through the house by the august recess. that is a tall order. it has not been done in recent years. on the senate side, the senate wants

so, while these events must be seen as an uncertain and ultimately improvised in outcome, no matter the direction of events, one thing is certain, the election was seriously mismanaged. you could say that both sides in this competition underestimated their opponent's power. let me begin with the reformists. the so-called anti-ahmadinejad front. foremost in their calculation on the expanded rights of the iranian relief and to that standing behind mir hossein mousavi. a certain degree of modification was the name of the game, but massive manipulation seemed unlikely. in that misguided belief, i was also guilty. i did not think that there would be massive manipulation by an iranian politics. i thought, as reformists thought, that this massive manipulation would be dangerous. hence, it would not be tried. and they understood, from the beginning, that the path of opening the presidency would be difficult, depending on their ability to realize a silent vote -- voting bloc, suggesting up to 40% of the electorate. they entered the race for highly skeptical of mir hossein mousavi's ability, but

the supreme court has said in no uncertain terms that government lawyers need immunity from suit in order to avoid -- and i quote here -- "the deterrence of able citizens from acceptance of public office and the danger that fear of being sued will dampen the arter of public officials in the inflinching discharge of their duties." in other words, by encouraging this lawsuit, many koh was -- mr. koh was effectively deterring his students from doing precisely what yale otherwise recommends that they do: enter public service. elections have consequences. i understand and generally support the prerogative of the president to nominate individuals for his administration that he deems appropriate as long as they're within the spectrum of responsible views. however, because of the importance of his position in representing the united states in the international community with respect to treaties and other agreements, his own words and actions demonstrate to me that he is farrous the mainstream -- that he is far outside the mainstream in such a way that his appointment as state department legal adv

this has created a demand for the effect in remote and uncertain and challenging operating areas, whether the mission is to train or revise or provide humanitarian assistance, this is the force of choice. the high term demand for the special operations forces have led to 86% of the overseas force currently deployed to the united states central command -- the special operations forces have a global presence. they have conducted operations in 106 countries across the globe. special operations forces have taken a long-term approach to engagement, with partnerships contributing to recent -- regional stability. the combination of tactical skills and understanding of the context of application is the core of special operations. through support of this to be a regular warfare, these forces are the first in and the last out. this is very small and highly capable force -- and is important to know the traditional activities of the regular warfare are not new to special forces, civil affairs operations and psychological operations, internal defense are long standing special operations activities. si

the uncertain diaround the stress factor, the fact he is still hurt now hurt his draft stock, and givehe twins credit, they were willing to take a gamble. >> who is closest to making the big show strasburg or st. hstorn >> i think storn will sign first. strasburg could go right into a big league rotation. so you can argue he is more ready in the sense he can be a bigger contributor in the short term but because storen is likely to sign quickly, doesn't have a lot of mileage on his arm and relievers move quickly through the minors he will make an impact first. >> what trend did you see. >> the signability issues. i thought a number of them would fall out of the first round. but they were selected, by and large most of those guys -- matt to the rangers, jay to be turn tore the tigers. mill tore the cardinals, big arms, potential impact guys, number one for two starters. the word is they were asking for big bonuses and that had a lot of teams get can skittish. but they go in the top 20, counterto what i expected. >> keith law, we present it. >> my ple . >>> and just a programming reminder

facing sometimes an uncertain future. others are coming in from iraq and afghanistan going home to see loved ones. sometimes they hadn't seen them for over a year. they are often loaded down with heavy gear. now, also at the same time we see the registered travelers who we talked about earlier, we see united premium members, we see delta platinum members and gold medallion members. we all see them getting priority. that's ok. i have no problem with that. but if there's any group of americans who ought to get priority to go to the front of the line, not to skip security, but to go to the front of the line, it's men and women in uniform. so this amendment extends to them the same basic courtesy that we extend to over a million other americans right now. in fact, this is my southwest a list member. i, because i travel, i get to use that. united members do. delta members. but i want to see our military have this same privilege. i will reserve the balance of my time. the chair: the gentleman from alabama reserves the balance o

i also think it is uncertain given the lack of definition, how we address a cultural competency shortfall if one exists. i am not sure necessarily that and richie the physician work force with minorities and members of other ethnic groups, which is something i fully support, is something that would necessarily address this gap. i do think it is important, i am a physician and educator, i teach at cornell medical school, i think it is important to appreciate that medical schools are moving towards cultural competence, focused within their curriculum and we should appreciate the medical and education is a zero some game. the work of dr. chandra and my work have demonstrated profound gaps in clinical knowledge amongst doctors and with workforce regulations and other features taking away from an education environment, we have to appreciate that every player of demand we put on them academically to enrich their ability in one area necessarily takes away from some other area. we have to be very careful that we don't take away the doctor's ability to reintegrate in an instant to teach him to tal

admittedly, it is uncertain because we have never tried to transform this health-care system into something that would work better. but we are reflecting the considered judgment of people who have studied the system for decades and trying to do the best job we can. i would welcome additional suggestions to the extent that they exist but i want you to appreciate that we're trying to do as much as possible and this is the most aggressive set of game changers ever put on the table either by the administration or the legislative process. so let me return to more information, being key, we have $19 billion in the recovery act that will go toward health information technology and moving towards a universal system of health by key. i will turn to that in a moment. changes and financial incentives. we have put forward a variety of proposals involving bonus eligible organizations, penalties and incentives to reduce hospital admission rates, other bundle payments that will help to change the financial incentives facing providers so they are more oriented towards quality and less towards 70 and we put

at the end of the day, we are going to live in an uncertain world. we will never be able to eliminate the uncertainty. we must be able to do is to look at what is the type of force in size and capacity and in capability that we should have to address the many challenges and opportunities that are going to be out there. as we go through the quadrennial defense review, part of that is saying, what is the right course planning construct? is it two or one and a half? woulthat is what it does. there are different opinions of qdr's. i am a proponent of the defense review. it is a healthy exercise to be able to take a snapshot of where we are, to look at the world and look into the crystal ball was best as we can discern and determine where should we be. what type of capability should the u.s. have to address our interests and to be able to be the type of force for good that we have been over the decades and centuries. >> without prejudicing the review, what is your position on the war issue? >> it is a significant and fundamental decision you have to make.

john roe, chairman and ceo of exxon will discussion national energy policy in a time of economic uncertain. on may 21, ray lahood will discuss his eighth's involvement in president obama's $787 billion economic stimulus package aimed at turning around the u.s. economy. on may 28 mary tyler moore, actress and international chairman for the juvenile diabetes research foundation, will discuss research and finding a cure for diabetes. second, i would like to present mr. branson with the traditional npc mug. >> thank you very much. >> okay. for our last question, let's see, so someone is asking in this time of economic uncertainty, what do you look for in individuals to hire. [laughter] >> stay away from from business people. i think the key to, if we are taking on managers at virgin, what we look for is people who are great motivators of people, people who look for the best in people, people who praise and don't criticize, and if you can find those kinds of people, you have a happy company. and do we look for entrepreneurs? i don't believe in competition and so we don't look for them. [laughte

he's as uncertain as yao.is there's really not a lot of difference in some ways except that they know the course of treatments with mcgrady. he had the microfracture surgery. he begins on-court workouts. that's very, very telling portion of his rehab begins next month. with artest, he's a free agent. does he come back to a team with this much uncertainty? by the time he's making that decision, the rockets would have a much better idea of yao's course of treatment and prognosis than they have now. and so that might work itself out in the time it takes for artest to make that kind of a decision, and then the other thing that we kind of know about ron is he has such great confidence in himself and in the rockets as they were at the end of the year that he could feel we got me, we got some of these guy, we're okay that. would be sort of the typical ron way the look at it. so some of the same things he will have to weigh with yao out he was going to be weighing anyway. and the rockets are in a situation to offer hi

i think it is uncertain, given the lack of definition, how we address cultural competency shortfalls if one exists. i am not sure that in reaching the work force with minorities and members of other ethnic groups, which is something that i support, is something that would address this gap. i am a physician and educator. i do think that it is important to appreciate that medical schools are moving towards a cultural competence specialist in their group. the work of the dr and minal work -- and my work have found gaps in clinical knowledge among some doctors and other features taking them away from that environment. we have to appreciate that every layer of the man that we put on them to enrich their ability in one area necessarily takes away from some other area. we have to be very careful that we do not take away the doctor's ability to read and e k g in an instant in order to teach him to talk to a patient that is dealing with a myocardial infarction. >> i have one question for the doctor. you mentioned that geographical disparities. do you have any research that tells us what the d

stability for the automobile industry and for american workers across our great nation in these uncertain economic times. our science of th sense-of-the-e resolution affirms that the taxpayer should be protected and the government should get out of the auto business as soon as possible. through this resolution the senate leaves no question about the government's future role in the u.s. auto industry. thank you. i yield the floor. i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call:

write rules on discharge but how we find what a pollutant is for purposes of this discharge, it is uncertain and unclear. and given -- given the most current ruling out there that carbon emissions are considered a pollutant, essentially, anything that's going on up north could be considered a discharge that could be subject to these rules on discharge. so we're concerned because the impact on existing production could be quite detrimental. >> down here? >> could you talk a little bit about shell gas, lng and alaska gas. there was a redevelopment last week that trans-canada and exxonmobil are getting together but there's a difficult question. there's a huge amount of -- a potentially huge amount of gas going to flow into u.s. markets. and where do you -- where do you see the alaska project positioned? >> it's a good question. we do have great potential here in this country with shell gas. we're seeing it coming out of the barnett. we're seeing it coming out of the marsalis. these are sources that quite honestly 10 years ago, 5 years ago we really hadn't factored into the mix and they are extr

but host of seemingly intractable issues like high costs, uncertain ridership and the need for broad political support that have hampered development of these projects is still with us and we need to be resolved to effectively spend recovery funds. surmounting these challenges will require federal, state and other stakeholders leadership to champion the development of economically viable high-speed rail corridors and political will to carry them out. we will also require clear, specific policies and delineations of expected outcomes and realistic analysis of writers it costs and other factors to determine the viability of projects and their transportation impact. mr. chairman, this concludes my statement. i will be pleased to answer any questions you or members of the subcommittee may have. >> thank you very much. miss fleming. now, mr. skancke, we welcome you and invite you to give your testimony. >> thank you, mr. chairman. the tough part about being the caboose is you cover a lot of track that the previous train has covered. keeping in line with all the other -- >> get a little cl

in no uncertain terms they reject the republican status quo. those with coverage know that their health bills are high are because of tens of millions of americans who are uninsured. they know they shouldn't have to go bankrupt or lose their home just to afford to stay healthy or care for a loved one. i know we will disagree at times in this debate. that's fine. but we well an open and honest debate on this issue. one choice, health care is not a luxury. it shouldn't be a luxury. we cannot afford another year in which 50 million of us have to choose between basic necessities and lining the pockets of big insurance companies just to stay healthy. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: mr. president, americans are increasingly frustrated with the u.s. health care system as we know it. and they expect real reform not just the promise of reform that never seems to come or the allusion of reform that ends up destroying what's good about the country system and replacing it with something actually wo

many times when we're at this age and are high -- in our lives, we felt uncertain about what are calling as -- our calling is. you're calling is to make a difference in the lives of people that are around you. when you do so, you are impacting the culture around here and the country at large. when the issues to focus on today is the notion of heroes. i have done a lot of writing and researching on this subject recently and i have to say that my generation pretty much shows you guys an apology. -- pretty much owes as an apology. in the media and culture, we have been feeding the pop culture. as a representative of the generation that is creating and distorting the images of what a hero really is, i want to say that i am sorry. i also want to say that i have great faith that your generation can change all of that. i received an e-mail recently when i was writing my latest book about the culture and how parents can help take back their families from a teacher of a fourth grade. when i read the e-mail, i became aware of how much damage we had done to pop culture, pornography, the glorifying

rarely has an initiative with benefits this crystal clear faced such a rocky and an uncertain road. the time to level the playing field for farmers and ranchers and small businesses is here. it is upon us. madam president, i yield the floor. a senator: madam president? the presiding officer: the senator from tennessee. mr. alexander: how much time is remaining on the republican time? the presiding officer: 18 minutes. mr. alexander: thank you, madam president. will you please let me know when four minutes remain? the presiding officer: will do. mr. alexander: i would like to congratulate the senator from nebraska, and recognizing the importance of the united states to trade with our friends in the rest of the world, especially our friends in latin america, especially when they're taking advantage of low tariffs with us and we're not taking advantage of low tariffs with them. our principal concern on the republican side, and i'm sure many democrats too, is the cost of living for middle-class families in america. there are many issues that come before us that deal with that. the level

our nation faces uncertain economic times and we comment the committee for holding this hearing to explore the role of systemic risk regulation in the insurance industry. >> the property casualty insurance industry like millions of businesses did not contribute to the current financial crisis, however, we, too, have felt the negative impact of this crisis. just like most american citizens and businesses, the property casualty insurance industry has played by the rules. we are solvent and continue to serve our policyholders the same today as before the economic crisis. if you exclude the very few companies that are linked to financial markets. our analysis concludes that there is no systemic risk and we need to completely rethink the regulation of the industry. the property and casualty marketplace is well regulated, highly diverse, very competitive and is open to anyone that is willing to play by the rules. it is important to understand the distinction between the property casualty insurance industry and others in the financial services sector. the fundamental characteristics of our indust

when my administration took office and went over chrysler's books its future was uncertain. it was not clear whether it had any future at all. but after consulting with my auto task force, industry experts, and financial advisers and after asking many tough questions i became convinced that if chrysler were willing to undergo a restructuring and if it were able to form a partnership with a viable global car company, then chrysler could get a new lease on life. well, the more promising scenario has now come to pass. today after taking a number of painful steps and moving through quick, efficient, and fear bankruptcy process a new, stronger chrysler is poised to complete its alliance with fiat. just 31 days after chrysler's chapter 11 bankruptcy filing the court has approved the chrysler- fiat alliance, paving the way for new crescent to emerge in the next few days. -- for a new chrysler to emerge. what happens next is in the hands of managers and workers. with the completion would mean is that tens of thousands of jobs that would have been lost if chrysler had liquidated will

uncertain case is especially those that are challenging extensive secret programs, there may be enormous amounts of data -- >> how many of these cases have you been involved in? >> directly? i'm not a litigator. >> the answer is you haven't been involved in any of these cases? >> i'm a researcher i do not litigate any of these cases. >> fine. let me suggest to you -- i have been involved as mr. hutcheson as a prosecutor in numerous cases. i've interacted with the judges who were trial judges. let me assure you that judiciary has the capacity to suggest it is an on do burden on the judiciary simply is not accurate and you ought to speak to some litigators and judges before you make such statements and i say that to you with respect. >> the gentleman from georgia is recognized for five minutes. i'm sorry, arizona. that's all right, they are close. [laughter] >> thank you very much, mr. chairman. and i, too, want to welcome my respected friend, asa hutcheson. i understand he's a little bit on the other side of the issue here today in a sense, but it shows even the most sage and why is among

curveball, there's a strike. 1-16789 it's uncertain whether or not thible lettics will have the -- thes will have the ability to resign him and there is speculation as they are 24-30 that he might be dealt at the trading deadline. the thing about billy bean, he does not mind turning his roster over. >> the one thing we've seen with billy bean in the past is he doesn't trade his pending free agents, tejada, giambi they kept here until the end and then utilized the draft picks. they don't make midyear changes even though they might lose someone to free agency. >> curveball to a strike. evens the count, 2-2. >> matt holliday didn't think so. he took a good look at it and is talking to bruce directman about it. >> that's inside. ball three. so back to back hiters, he's gone 3-2. and the athletics try to get on the board. cabrera at 2nd, cust at 1st and only one down. runners are moving and the pitch is low, ball four. so hill has walked back to back hitters, bases loaded now and still only one man down. >> this has been a problem for the orioles in this series, giving up first inning runsc

this is particularly important in today's difficult economic times when americans are uncertain about whether they'll have a job tomorrow. some, including the president, criticize this approach. however, "the w york times" reported -- quote -- "the obama administration is signaling to congress that the president would support taxing some employee health benefits." i appreciate the president's consideration of such a new proposal, it is not acceptable to turn this into a tax and spend health care reform. any new resources derived from changing the existing tax treatment of private health insurance should be devoted to a fair and more efficient mechanism for americans to provide private shall insurance. americans spent over -- spend over $2.4 trillion on health care. health insurance premiums continue to rise as employer based coverage for families increase and medicare and medicaid spend $800 billion. and projected to reac reach $2.7 trillion in 2018. i want to mention something that should trouble every american and every member of this chamber. last week i spoke about what the specia

a continental nation was so uncertain that president thomas jefferson had deemed it optional quote whether we remain in one confederacy or form into atlantic and mississippi confederacies i believe not very important to the happiness of either part. but coming of the steamboat in 18078 hope for a connectedness but illustrated the lack of it. so they were both on the hudson and mississippi rivers but no true navigation between them. the war of 1812 proved over its psaltery for your course that the united states remained a shaky nation. the british burned washington. president james madison escaped on horseback separated from his dolly. the british also burned buffalo and neighboring blackrock. the pioneers of western new york fled east in terror. there was no defending the state western flank by the effective transportation of arms and supplies. the few roads were so abominable that the federal government spent a staggering $60 million on wartime transport, including a dollar a pound for cannonballs that cost a fraction of that to produce. the cost-of-living artillery from artillery from al

i mean, there's a specific thing they need a few of uncertain de hedging a certain price and there is a whole category as chairwoman schapiro said synthetics, that are more of the creations almost infinite supply of them. is that one dimension you would consider in terms of putting items on exchange? >> i believe, mr. chairman, anything a clearinghouse would accept for clearing under the pertinent risk reduction should be accepted for clearing and the regulators could also be given the authority working with congress to add if it is basically a high-volume product or similar product so it's not just used to avoid. i also believe those products not on central clearing and not on exchanges are by definition less liquid loss should appropriately have higher capital or a margin mary requirements so if a dealer wants to retain the customized product they might have to set a higher margin. >> chairwoman? >> i would add one of the benefits of higher capital margin might be to encourage more transactions into the central clearing or onto exchanges but i do think the challenge will be standard

lewis was genuinely uncertain how to proceed. >> mr. chairman, my time is up i want to say on the record while some one this narrative to be this poor ceo of a moderately sized bank with the boot of government on his neck forcing him to do things he didn't want to do i believe the narrative lends itself to a corporation gaining the system because he could recognize an opportunity when he saw and it was 15 to 20 million-dollar opportunity. my time is up. i thank the chair. >> i now yield five minutes to the gentleman from tennessee, congressman duncan. >> thank you very much, mr. chairman. any articles have described the actions taken by the fed and regard to the bank of america and merrill lynch dealing and other dealings of that time as being falling too big to fail policies. would you describe your activities in that time period it that way and do you think their needs to be more control or clothes or oversight by the fed and other federal regulators of the biggest banks and financial firms? >> yes i do to the last part. too big to fa

the future is highly uncertain, and if you can't do your own and do diligence to figure what the risk is of holding an asset it doesn't really make any sense from the social point of view that you can still lead to someone else who is my ev enough to take on the risk because he won't know any better with the risks are than anybody else, so there is a huge amount of ignorance of darkness in the future the was blogging the market without awareness. it sounds like your book is toward the latter view than the first. >> yes? [laughter] >> my question is when you were describing very well in the book the way jpmorgan, people edna jpmorgan kept looking at what was going on in the market and some health or combination of luck and smarts going for it. but is their something about the financial sector that competitive pressure especially when you have copies publicly traded companies sort of inevitably leads like competition does in most markets but when you have myopic investors and also people within the companies dealing with short-term investors and short-term incentives i guess the questio

later e-mail after listening to him and having more discussions i came to the conclusion he was uncertain about what to do. we provided advice which he ultimately took and we took steps to prevent the destabilization of his company in the financial system. >> mr. chairman i ask for one more minute. >> i yield the chairman one additional minute. >> let me direct your attention to hand written note from your first meeting on december 17, 2008. you reported restated the downside 50 billion doesn't sound big for bank of america. the 50 billion refers to aig merrill assets. the record clearly shows you did believe there would be systemic consequences if bankamerica took steps to back out of its deal with merrill lynch perspective when in court. so did the threat of mac which you believe would have serious consequences influence your willingness to give bankamerica's financial assistance when you didn't believe it needed to have it? >> we demonstrated if we saw a major institution about to fail and risk the stability of the financial system we would try to take steps to stabilize it so we would

individual medical insurance is affordable and belongs to each consumer and these uncertain economic times individual medical provides benefits to a growing population who do not receive a employee sponsored health coverage. that is why individual medical is so important. we work hard to ensure our health questions are simple, easy and straightforward kurds medical history is necessary so we can fairly assess the health risks of each applicant. the vast majority people complete the enrollment form accurately. the underwriting process depends on misinformation and we rely upon the consumers disclosures. people applying for an individual insurance are given multiple opportunities to verify correct and complete the information they provide. they are given ten days to notify us of any inaccurate information or to reject the coverage. at assurant talf we are acutely aware of how our coverage affects people's lives. it is the responsibility we take very seriously. unfortunately there are times when we discover information ,,,, was not disclosed@@ information was not disclosed, a senior und

the host of seeming and attractable issues, such as through high cost, uncertain ridership and need for broad political support that have hamped hampered development of these projects are still with us, and these issues will need to be resolved to effectively spend recovery act funds. surmounting these challenges will require federal, state and other stakeholder leadership to champion the

whether there will be a public plan or not i think that's very uncertain. and it's not even clear how important to everyone how important that actually is. and then the insurance market reform. they are actually far more to the drastic both senator coburn and burr have considerable reform. they want to guarantee issue and no pricing on health status. well, if you have those to you must have a mandate because if you have only the to you get new jersey, which is what we have. [laughter] we have guaranteed issue and a cumulatively rating but not a mandate to buy insurance, and therefore only sick people in the end stayed in the pool and the healthy don't buy it. that i think will not work in fact i think that most economists would argue against it. than you might as well that is a big thing to chew off. wants the fine print is out there for people in the individual market to price their product and that structure from health status will be a brand new experience. so we will see if that comes about. but it is interesting that senator coburn had it in his bill a

given the uncertain economic times our country is facing, i'm also troubled by the unsustainable pattern of spending in 24 legislation. the committee and congress ought to be concerned about the impact of too much spending as we are about the potential impact of climate change and other issues. chairman dicks has spoken on many occasion abouts what he describes as the dark days and the misguided policies and priorities of the previous administration. still, for any perceived or real inadequacies of past policies or budget, it would be a mistake for any of us to believe we can simply spend our way to a solution for every challenge we face. the federal reserve chairman, ben bernanke, recently told congress it's time for the obama administration to develop a strategy to address record deficits or risk long-term damage to our economy. he said, quote, unless we demonstrate a strong commitment to fiscal sustainability in the longer term, we will have neither financial stability nor healthy economic growth. unquote. a good bill is a balanced bill. but providing the disproportionate level of of

lewis was genuinely uncertain how to proceed. >> mr. chairman, my time is up i want to say on the record while some one this narrative to be some one this narrative to be this poor >> my time is up. i thank the chair and chairman. >> you have now five minutes to the gentleman from tennessee, congressman duncan. >> thank you. thank you very much mr. chairman. many articles and columns have described the actions taken by the fed in regard to the bank of america, merrill lynch dealing and other dealings of that time period as being -- following too big to fail policies. would you describe your activities in that time period as -- in that way and do you think there needs to be more control or more -- little closer oversight by the fed and other federal regulators of the biggest banks and financial firms? >> yes, i do to the last part. too big to fail is not a policy, it's a major problem, we were faced on numerous occasions in the last year with large firms whose failure likely man would significantly disrupt the world financial system and

thousands of americans who are going to work this morning because of the recovery act can tell us in no uncertain terms the legislation isorking. it's creating jobs, making responsible investments, helping workers damaged by this crisis. but in the face of these tremendous efforts, some are questioning the effectiveness of these investments. they've decided to attack the entire recovery process by jumping to conclusions, distorting the facts, and spreading outright falsehoods all because of their failed george bush-style ideology that created this crisis in the first place. now there have been some who have commissioned their own report, a report which picked a conclusion first and then attempted to seek out facts later. the old saying goes that the only tool you have is a hammer, everything starts to look like a nail. well, that's the case here. radical conservative ideology that led to this report is like a steam hammer, that its operators would like to use at all times, even if it means bashing away at the foundation of economic growth that we're trying to build. now, i notice this report didn

many times, when we are at this age in our lives that you are, we feel a little uncertain about what our calling is in our life. well, i would submit to you that your greatest calling in life is to truly make a difference, first of all in the lives of people that are around you. and when you do so, you are impacting the culture around you and the country at large. one of the issues to focus on today is the whole notion of heros. i have done a lot of writing and researching on this subject recently. and i have to say that my generation pretty much owes you guys an apology. and specifically in the media in culture that we've been feeding you, the pop culture. and as a representative of the generation that is creating and distorting the images of what a hero really is, i want to say i'm sorry. but i also want to say, i have great faith that your generation can change all of that. i receivedded an e-mail recently when i was writing my latest book about the culture and how parents can help take back their families. from a teacher of fourth grade. and when i read that e-mail, i became very

because at the end of the day, you know, we are going to live in an uncertain world. and we will never be able to eliminate that uncertainty. but what we must be able to do is to look at what is the type of force in size and in capacity and in capability that we should have to address the many challenges and opportunities that are going to be out there? so as we go through the quadrennial defense review, part of that is going through what is the right force-planning construct? is that two? is that one and a half? and that's what the qdr does. and i'm, you know, there are probably different opinions of qdrs. i am a huge proponent of the quadrennial defense review. i believe that it is a healthy exercise every four years to be able to take a snapshot of where we are, to look at the world and look into that crystal ball as best as we can discern it and determine where should we be, what type of capability should the united states have to address our interests and to be able to be the type of force for good that we have been over the decades and, indeed, the centuries? >>

variability and impact of it being spread over a very wide geographic region and what for the outcome is uncertain that it would be the right answer. >> would you agree there could be the distinction made between the concentrated renewable source and something that is dispersed over hundreds and thousands of miles? >> mr. chairman i try not to practice electoral engineering without a practice but i believe there's a difference between the two. >> by the way with those issues exist in a western state for example that might want to produce 3,000, 4,000 or 10,000 lots of renewable in their state and try to move that for example in to a metropolitan area and another state or several other states, would create the same issue? >> it could be applicable in either interconnect. >> so it's an issue we ultimately have to resolve. i think going back to the 765 issue is an important thing to understand because in my experience at least on this committee for 33 years, there are corporate entities that think big, the bigger the facility, the bigger the plan, the better it is and there are others that think mayb