believe climate change is a great threat to this planet, you know, and 10 of whom are funded and underwritten by exxon who don't." and if we don't do the pointillism that is required to present all those dots so that we can create a picture, we're not doing credible journalism. >> we want to take >> this is lowell thomas speaking, bringing you the pictures of the murder of the king of yugoslavia and the foreign minister of france. tragedy approaches swiftly now. in that gala multitude lurks a man with a pistol, bound by a blood oath to kill the king. he was a croatian terrorist, and he's ready to strike. he strikes on the running board. he's slashed down by saber strokes. straying bullets hit the crowd. women fall wounded, hit by the random bullets. the police overwhelm him, trample him. somebody picks up the instrument of death: that devilish automatic pistol. this historical film document was made by the fox movietone cameramen. the french seized it, released it, and seized it again. but now movietone, thanks to the speed of the s.s. "washington," is enabled to present this, the most histor

that are really common, little ailments can get you into trouble when you are trying to buy an underwritten policy. >> narrator: as for paul stephens, he had a history of diabetes, so he was turned down flat in the individual market. he then turned to texas's high- risk pool, the insurer of last resort. but this required stephens to wait 18 months, and the premiums were still expensive. >> i believe the premiums were $600 a month with a... it was either $5,000 or $10,000 deductible. so i'm going, "whoa. i can't afford this either." >> narrator: then, unemployed and uninsured, paul stephens had a heart attack and was rushed to a cardiovascular center in houston. >> i had four arteries blocked. and i told them i don't want to be, you know, going to open heart surgery because that's going to cost a big pile of money. and here comes this woman in a pair of high heels, dressed to the nines, carrying a clipboard, and she goes, "mr. stephens?" and i go, "yes?" and she said, "you didn't give us any insurance information when you checked in." and i id, "well, i don't have any to give." so she said,

it has been underwritten and ability to pay two terms are used in this section one of which refers to a presumption and the other to safe harbor. technically those are two different thing that you produced two different rules based on which direction the rules will go. two different draft rules. do you have a sense which way you are going to go on this? >> i don't. has yet to be determined, the q r m-q m have different services also an interplay relating to one another is also is something that needs to be worked through. in the end, by regulators. we will offer our views in the case of the q m will we have a coordinating function of the statute providing to us but the regulators in the end will make their judgment. >> qualified mortgage is completely under the section presumption of ability to repay and distinct and different from the risk retention version. i will note that later in that section there is a reference to directly the safe harbor. that was the discussion that was taking place among those of us who were trying to get rid of the water loans that you have a safe harbor. t

. >> rose: episode two of the charlie rose brain series 2 underwritten by the simons foundation coming up. >> rose: tonight we continue our exploration of the wonders of the human brain. for this program, we examen the brain's most complex function, consciousness. here is what sigmund freud said. "the conscious mind may be compared to a fountain playing into a sun and falling back into the great subterranean pool of subconscious from which it rises." consciousness remains one of the great mysteries of human existence. when scientists aresked what poses th greatest challenge i modern science, they swer "consciousness." is the mind separate from the body? how can interior subjective lives be explained? what is awareness itself? these qstions ipire a search to understand the very essence of what it means to be human. from t time of aristotle and plato, tse ideas were often contemplated by philosophers. many religions think of consciousness as living in a ul tt survives the physical body after death. but with the rise of cognitive neuroscience over the last century, we know now and better

however, our banks are exposed, underwritten cds. money markets in the u.s.y exposed to european banks. this is what went down on the height of the congress between september 14th, 21st 2008 and froze everything in the united states. >> by the way when american companies couldn't get credit because there was a global freeze they fired people. when people ask what does this mean, you -- >> we're not an island. that said, we cannot bail out europe. >> he has said, has he not, he would stand behind central banks of europe. >> he has. >> let's go back to something david frum brought up for our own problems in america, it cost us nothing to borrow money. david says at least shore up our own finances in our own situation we should use that money. ron paul, running for president of the united states, feels entirely opposite from the way you do. listen to what he said. >> we've bailed out just about everybody so far when it comes to the banks and corporations. now it's europe. we're getting ready to bail out greece and italy and spain and all of europe. it can't be d

however, our banks are exposed, underwritten cds. there's in the money market account in the u.s., very exposed to european banks. this is what went down on the might of the crisis of september 21st, 2008, and froze everything in the united states. >> by the way when american companies couldn't get credit because there was a global freeze they fired people. when people ask what does this mean to my credit card -- >> i said you are going to live in a cave if europe fails. >> we're not an island. that said, we cannot bail out europe. >> bernanke has said that he would stand behind the central banks of europe so -- >> he has. >> that's the important role. >> the dollar -- >> david brought up a few minutes ago, for our own problems in america, we have -- it costs us nothing to borrow money. david says like some say, at least to shore up our own finances and situation we should use some of the cheap money. david fromme, ron paul running for the presidency of the united states, feels opposite from the way you do. listen to what he said. >>

were both honored recently at the state department for their work on combating world hunger, work underwrittenh cases, by the largesse of warren buffett. so your father gives all this money to gates. you come out and tell us what he's doing is all wrong. >> howard buffett: i'm not saying it's all wrong. >> stahl: well, a lot of it's wrong. little bit of sibling rivalry there? >> howard buffett: no. >> stahl: maybe. >> howard buffett: no, you know, that's why we call him "brother bill." but... but... ( laughs ) >> stahl: exactly. >> howard buffett: no, i... you know what? bill gates is the smartest guy in the world, next to my dad, maybe. i better say that if i'm on tape. >> stahl: how old are you? >> warren buffett: i'm 81, but i feel good. >> stahl: yeah, you look great. warren buffett says, if the berkshire hathaway board approves his son as chairman after he dies, howard would not be paid and would not run the company day to day. howard would be what warren calls the "guardian of the culture." what were you worried about? >> warren buffett: well, you worry that somebody will be in charge of

>> guest: you know it's interesting that it's it is true they are underwritten and generally, i am proudbout the american theater. there's a lot that is wrong with the american theater. i'm really proud the most of the places i have worked, i have worked hard to ensure some degree of separation between their programming and their underwriting. i have really tried to do that. where i have experienced a pushback is i actually do monologue about the american theater called how theater failed america. that really did know, sometimes you say things and they hit you where you eat, and so there were a number of theaters across america that found it to close to the bone when talking about the problems endemic to the theater so i will not be working with them any more. c-span: let's go to another monologue and it will connect your father in present day and some of what you alluded to earlier. we can watch the sea can tell us where it came from. >> all they want to talk about is iraq because he's afraid we are going to go to war in iraq. my dad works as a therapist for the veterans administration

this is an underwritten ability to pay. two terms are used in this section.e of which refers to a presumption and the other two safe harbor. technically those are two different things in the law they think you have reduced two different roles based on which direction the rules will go, two different draft rules. do you have a sense right now which way you are going to go on this? >> i don't, senator. i think it is yet to be determined and i think you know, how the qrm and aqm which as you know have different purposes but also have some interplay relates to one another i think is also something that needs to be worked through. in the end of course, by regulators, we will you now offer our views and you know, in the case of the qrm rule we have a coordinating function of the statute provided to us. but the regulators will of course in the end make their judgments. >> the qualified mortgage is completely under the section presumption of ability to repay and its distinct and different from the risk retention version and i will note that later in that section, the

in particular it finds fha's older books of business underwritten during the bubble years of 2002000ill continue to produce substantial losses of more than $26 billion. it reports as many as half of high risk loans insured of the peak of the housing bubble will ultimately result in a loss for the fha with more than one out of every four loans insured in 2007 resulting in insurance claim. and losses of close to $10 billion for the 2008 book of business alone. that's why we continue to pursue additional reforms to protect the taxpayer, support the housing market, and meet the fha's historic mission of helping underserved borrowers. in the very near future we expect to publish an indemnification will told lenders responsible for loans that were improperly originated. or in which fraud or misrepresentation were involved. in addition will soon publish able that reduces allowable seller concessions to protect and in my fund in my fund from risked associate with inflated appraisal values. now that we have these actual results we are carefully examining a range of additional steps to further

america did, got all these bad mortgages that weren't performing because they were never properly underwritten because people made money by just selling the mortgage and then selling the paper and it was like a hot potato. once you sold the mortgage, you got the fees out of it, sell it to someone and it is a mortgage-backed securities. so a lot of those happened. and bank of america bought those two companies. it caused them losses. then they said, america, america, we're going down. help us, please. and then they called us all together in september and october, 2008, and said we need a bailout. please. we came up with a bill called tarp and bank of america got bailed out. now, the problem is after bank of america got bailed out and got back up on its feet somewhat, they paid all their executives big giant bonuses, they laid off 30,000 people. what? yeah. that's how they repay the american people, helping them out. city group, another one. -- citigroup, another one. got saved. they were absolutely going down. i don't know. the citigroup is a company with a lot of problems, paying no taxes. exx

a critical award-winning resources produced independently by the "national journal" group and underwritten by nti. we are confident that as more people read global security news wire and become educated about global security issues, more of you will become engaged in helping to find solutions to these challenging problems. i'd also like to recognize and thank our next speaker, dr. bill potter, of the center for nonproliferation studies, which provides in-depth analysis and content on weapons of mass destruction for our website, nti.org. bill has been a tremendous leader on these issues for many years and a valuable partner to nti over the last decade. on behalf of the nti board of directors, we appreciate your participation today and we are honored to be part of this special event. thank you. [applause] >> thank you, joan. and please, everyone, enjoy your lunch. please begin. i would now like to welcome dr. william potter to offer some additional welcoming remarks. dr. potter serves as a sam nunn and richard lugar of nonproliferation studies and founder director of the nonproliferation stu

has become an award winning resource, produced independently by the "national journal" group and underwritten by nti. we are confident that is more people read the global security newswire and become educated about global security issues, more of your will become engaged in helping to find solutions to these challenging problems. i would like to recognize and think our next speaker, dr. bill potter. bill has been a tremendous leader on these issues for many years and a valuable partner over the last decade. borderlf of the nti directors, we are honored to be part of the special event. thank you. [applause] >> thank you. please, everyone, enjoy your laws. i would like to welcome dr. william potter to offer some additional remarks. he serves as a professor of nonproliferation studies and founding director of the founding director at the monterey institute of international studies. is the author of numerous books, including "nuclear policies of the non-aligned movement," and the "for faces a of nuclear disarmament." dr. potter? [applause] >> it is a great honor to speak to this distinguished aud