within the united kingdom almost at the border. so i would want to see what happens being divorced because they're intrinsically attached. our national interest structure around the world, you know, we have to provide national security effectively. so simply providing another, you know, architecture, another common architecture. there has been some considerable improvement in getting us working together. i won't say it's perfect and we don't need to drive any further. but another construction, what we do? where would the boundaries fall and would they be in a better place than those that will be out in moments tonight it was not meant to be a criticism of lack of coordination. i'm sure it is working, we can see that. and nothing is perfect. but the events of having one coordinating body, one permanently department, if you like, that's really where the boundaries are. it's not taking over from anyone department, but it isn't just full-time on the topic of national security. senior cabinet minister whose job is that, not over the 100

switzer -- singapore, switzerland, spain, sweden, thailand, turkey, united arab emirates, the united kingdom, the united nations, the iaea and the european union will also be there. the president is currently planning to host a number of bilateral meetings. those include the president of armenia, the president of china , chancellor merkel of germany, king abdullah ii of jordan, the prime minister of malaysia. the prime minister of pakistan. president zuma of south africa. and the president of kazakhstan. in addition to the president's activities this evening, the -- at the white house the president will host a screening of the documentary film "nuclear tipping point," a film which focuses on today's nuclear dangers. the screening will be attended by four distinguished statesmen. formers secretary of state george schultz and henry kissinger, former senator sam nunn as well as film narrator dunn and colin powell. they share the personal experience that led them to write three "wall street journal" opinion editorials to reduce reliance on foreign oil and ultimately end them as a threat to the w

terrorists to have territories in the world that would be used as bases to then attacked the united kingdom. we rely on them as berlin, the most dedicated, the great forces -- we rely on the great forces and the most dedicated. >> i went for a run this morning with some just came back from afghanistan. one had done an incredible job there. this goes back to how do we get these things right? one of the things that strikes you in afghanistan is that you're not in the political situation right. for the television crew and where the taliban came from, -- where the taliban grew and where the taliban came from? that is a big political issue that we have to make sure that the whole country in afghanistan is part of the afghan government. that is absolutely key for making sure that we can bring our soldiers back home. we need a political settlement to help make sure we can come home. >> even if you decide to undertake a mission like that again, there is no point deciding that you want to do it unless you also know how, unless you can provide the necessary resources. when i was visiting the troops,

, the united kingdom royal bank of scotland became one bank.it became 1.5 balance sheet 1.5 times the u.k. economy. in ireland the biggest three banks together a balance sheets two times the size of the irish economy. in iceland -- well, iceland, how could we possibly become like iceland? they became between 11 and 13 times the size of the country. our biggest banks are getting bigger. the next time they'll there is nothing i can assure you in economics or law or physics that says the amount of offsetting the bids is you can provide to the economy through monetary policy or to fiscal policy will roughly match the negative shock you are getting from the collapse of the financial system. in 1930 if the federal government had wanted to do is sensible what we now regard a sensible fiscal policy and fiscal stimulus because they're having a major problem among the historic news -- they said they could have done is go stimulus of 1 percent of gdp because the government was much smaller, that wouldn't have made a difference. we did 40 percent -- we inc

and the united kingdom is the driving force in the foreign policy of both countries. i think that the united states does not lose too much sleep on that. but it also finds britain a useful ally. but as henry kissinger once said, if he has a problem, what is the telephone number he would call in europe? that issue is still there, but now there are so many protagonists for that. there is mr. sarkozy, angela merkel. and mr. blair just followed the american line in a way that just reinforces this relationship. >> the pentagon will update cold war era rules that will determine which u.s. technologies can be exported abroad. we will hear from secretary gates next on c-span. on this morning's "washington journal" topics include derivatives regulations and iraq and afghanistan. it begins at the top of the hour. >> all this month, see the winners of c-span's studentcam documentary competition. middle and high school students from 45 states submitted videos on one of the country's strength or a challenge the country is facing. watch the top winning videos every morning on c-span

i was born and educated in the united kingdom. i have a graduate degree from the university in scotland. in 1977 i joined the london office in the u.k.. i was transferred in 1981 to the new york office. i have three account qualifications, one of which is certified public accounting in the state of new york. i specialize in financial service companies and i attained the position of principle and specialize in financing products and security lending and specialized in international security and u.s. trust banks. i made my career out of understanding internal control, identifying issues, figuring out potential resolving issues. that is what i did for a living. i was a professional whistle-blower. my business transaction, you fix it. i rarely reduced my issue resolution to writing. might joined lehman brothers as they went public in 1994. i was hired in. i was approach because of my skills at as an issue identifier resolve for an equity finance. i became global product controller equity finance in 1994. i held my final position twice

the united kingdom became one bank, became had a balance sheet 1.5 times the size of the u.k. economy. in ireland of the three biggest banks together had balance sheets to times the size of the irish economy. in iceland well iceland how could we become like iceland? iceland the banks became 11 to 13 times the size of the country. i think the banks are getting bigger. next time they fail, there is nothing i can assure you in economics orval law or physics that says the amount of offsetting impetus to can provide the economy through monetary policy or for fiscal policy will match the negative sharp targeting from the collapse of the financial system. in 1930 if the federal government had wanted to do a sensible what we regard as a sensible fiscal policy and a fiscal stimulus because they were having a major problem they look to this estimate that the federal government could have done a fiscal story was of 1% of gdp because the government was much smaller than now. that wouldn't have made a difference. we increased over several years 40%. next time 83 the next time we may not ha

what will make us safer in the united kingdom? we need to end the division between foreign policy and security policy and home office policy. bring it together and think about the national security. i would also say this: if you look at future operations like that, we have to learn from the mistakes of the past. we have to make sure we plan properly. we have to make sure we never end is our troops into battle without the proper equipment, without the proper helicopters. we have to think through not what we are doing militarily, but is the aide there. are we helping these people? do we have a political strategy for how we will get out of that country once we try to make it safe with our allies? in the case of afghanistan, far too many questions were not answered. even now while i support what we are doing, i worry we are not doing enough to get the political situation right in afghanistan. >> mr. clegg. >> everyone agrees if we were to do this again, which is stewart's question, we need to make sure we have the right equipment and

the primeinister well into the future, but is he aware that the majority of the people of the united kingdomel betrayed by the fact that they are being drawn down further into the supplicating the quicksand and expensive and bureaucracy -- suffocating quicksand and expensive bureaucracy of the european union? >> [unintelligible] [laughter] >> mr. speaker, on behalf of the little part of the planet that i represent, thank you for what you have done a poor in the lives of so many people. >> i hope that what happened in northern ireland will be repeated. >> under him, the party has once again become a natural part of a parliament. >> i have never pretended to be a great house of commons man, but i can pay in the house the greatest compliment i can by saying that from the first to the last i never stopped fearing it. i felt it as much as 10 years ago and every bit as acute. it is in that spirit that respect is contained. the second thing i would like to say is about politics. to all of my colleagues from all political parties, sometimes people who are engaged in politics stand tall bearded altho

what exactly do we need to be able to produce within the united kingdom, and to what can we trust the world market and the free availability of defense capability? so it's something that we've wrestled with in that area. i think it's something that we sure wrestled with in every area. to what degree are there practical alternatives in sovereign capability? and, you know, where it makes sense we ought to look to develop them. but, you know, as a nation, we are a very outward looking, globally dependent nation. and it's before thed hugely from globalization as well as having these risk that we have to mitigate. >> the russia issue, you're absolutely right there have been significant problems for british and other investors in russia in terms of their fears of appropriation. when i was there recently, all of the british companies were saying they were having, you know, effective operation now and things had improved somewhat. but there's another problem for us. which is that, and where there isn't significantly more investments, the likelihood is oil and gas isn't going to keep oncoming.

we have a strong relationship with the united kingdom, goes back to two world wars. obviously, our declaration of independence was written about king george and getting ourselves free from great britain. however, we are very close, personally, and a lot of us have very strong personal connections with people in the united kingdom. that, i think, will stay. you really want your question answered in terms of the politics, the eu and the "special" relationship, you might want to watch the debate again, because these candidates have more to very clearly what the difference is in dealing with --h av have marked very clearly what the difference is in dealing with the eu, which is a contentious issue. host: the candidates talked about how they differ on that it was at the beginning of last night's debate. let me show you a bit more of the interaction between the three candidates. >> president obama said last week, quite rightly, that the greatest threat is not the cold war threat of old, but terrorists getting a hold of dirty bombs. let's move with the times and take decisi

we have a strong relationship with the united kingdom, goes back to two world wars. obviously, our declaration of independence was written about king george and getting ourselves free from great britain. however, we are very close, personally, and a lot of us have very strong personal connections with people in the united kingdom. that, i think, will stay. you really want your question answered in terms of the politics, the eu and the "special" relationship, you might want to watch the debate again, because these candidates have more to very clearly what the difference is in dealing with --h av have marked very clearly what the difference is in dealing with the eu, which is a contentious issue. host: the candidates talked about how they differ on that it was at the beginning of last night's debate. let me show you a bit more of the interaction between the three candidates. >> president obama said last week, quite rightly, that the greatest threat is not the cold war threat of old, but terrorists getting a hold of dirty bombs. let's move with the times and take decisi

the united kingdom e.t.f. saw five times average volume on its gain. and the switzerland e.t.f. also saw five times volume, rallying to a new high closing price. all of this as the u.s. dollar hit a two week low. this may be a holiday-shortened week, but there were four new issues to come to market. the biggest of the bunch may be a familiar name-- primerica. it was carved out of citigroup at $15 a share. wireless network firm meru hit the street on wednesday at $15 and has had a nice run. s.s.&c. technologies is a financial service tech firm. it also came out at $15. and oil tanker operator scorpio tankers made its debut on wednesday at $13 per share. and that's tonight's "market focus." >> tom: with trillions of dollars in government spending on the books and consumers trying to dig out from a mountain of debt, tonight's "market monitor" guest is dialing back his expectations for the stock market. he's randall eley, president of the edgar lomax company, an investment advisory firm based in springfield, virginia. and welcome back to nightly business report. >> good to see you,

. >> reporter: the eruption spewed a new cloud of ash heading toward the united kingdom meaning scenes like this. a french tour group was supposed to leave d.c. over the weekend. british airways have been putting all 49 up at them at an area hotel and feeding them. they are scheduled for the midnight flight. >> if we catch something before, we are here. >> reporter: undoubtedly frustrating for the french travelers but more so for an airline industry losing a whopping $200 million a day while the folks at dulles try to figure out how they are trying to get home, 40,000 americans are stuck over the pond, among them liz crenshaw. >> we may be three, four, or five days waiting or still may try to get out of madrid. >> reporter: now here is another big issue. we are talking about a serious backlog when they open the air space, so many stranded passengers have been waiting for several days to get on flights. scottish airports should be okay first and the two men airports in london. our friend liz crenshaw, of all the places to get stuck, she is in spain. >> she was in london the last time we

on our streets. >> there are those who work on the front line. >> as one of the, part of the united kingdomhich has suffered from terrorism over the last 30 years, and the threat to national security, and also any legislation -- >> things have been inflammatory in ireland. i am not saying that the 42 days equate to something, but clearly, the some things to come into play. >> parliament is going to be asked about a need for the maximum period of detention. how can that be done when it will rise at of particular cases? >> the vote is close. >> 306 no's. >> as for the idea of 42 days of detention, that was crashed. this is what parliamentary people call the other place. >> there is no need because there is no increased threat. >> there is massive opposition to this suggestion. the suggested mechanisms or procedures, they are unworkable, and there is a risk. >> i am afraid i have to say the threat has increased, and that has been stated very clearly. the things that cross my desk regularly, i have to say, are not very daunting. we have to manage. >> and the overwhelmingly voted for an amendmen

and the dialogue between us and the other members of the p-5 plus one, which is united kingdom, germany, france, germany... i'm sorry, united kingdom, germany, france, russia, china and the united states, that dialogue has been continuing. and china has signaled... is increasingly signaling that it understands full well the importance of the moment with regard to iran and the potential of nuclear weapons and a nuclear arms race potentially in the gulf region. >> lehrer: and that's new, is it not, general? >> well, i think it's evolutionary. but we... those talks have been going on between us and the chinese and the russians and our friends in europe. and so we're seeing a positive, thoughtful approach and we welcome it. we'll see where it takes us. but clearly president obama has done exactly what he said the united states would do with regard to iran. we waited all of 2009 for them to show their hand and their willingness to accept a very reasonable offer by the "eyeopener," they have not done... i.a.e.a., and they have not done so and so now we've said we're going to do what we said w

the united kingdom air authority says tonight the volcanic eruption in iceland has strengthened and a new ash cloud is moving south and east toward the uk, roughly the distance between chicago and new york. let's go quickly to iceland and get the very latest on all of this from chris jansing. chris, good evening. >> reporter: good evening, brian. this is an extremely dynamic situation. that volcanic plume started to grow again, late this afternoon it went from white to dark gray even to black. that indicates a couple of things. that activity inside the volcano is increasing and the concentration of ash inside that plume is intensifying. the new cloud form which is moving toward great britain and could cause problems in a number of areas. i got off the phone with the chief volcanologist and he says this is a very unpredictable volcano and the possibility for powerful eruptions continues. >> chris jansing her fifth day on the ground reporting for us in iceland, thanks. >>> now to the staggering loss to business and commerce and personal travel. a whole chunk of the world has been idle e

we see even today proposals by prime minister gordon brown of the united kingdom for an international banking tax to set up a fund that would be used for future bank bailouts. the ideas come in a variety of different forms, all -- often very technical, often obscured in a larger efforts that mean they did not get a lot of attention. let me be very clear. the minute the united states loses the sole authority to tax its citizens and to decide where those tax revenues go, the minute that authority is delegated to international organization, it is is clear of violation of sovereignty that we can imagine. can imagine. now that maybe painful for the international left to hear, but i think it's critical for americans given the basis of our own revolution. not to recognize that the taxes authority, like the prosecution international delegated out to the international criminal board is something we should not let go. now finally in a whole range of areas that i think we normally would consider issues that should be debated in our domestic politics. take whatever position on them that you will,

and so we sort of provided more vision really, which was to protect the united kingdom and its interest in order to enable its people to go back their lives freely with conference. this was quite a change of a we looked at this issue before. we haven't had a national security strategy in this country ever. i think it was something missing that we needed your i think we needed it for a long time. certainly since the last war to be quite useful at various times. but it was quite clear to the prime minister when he became prime minister, because i had a discussion with them, that we need to move forward to produce a national security strategy. but because of all the change in the differences between the cold war days and now, and the various different sort of threats that we should look at this any differently. and we should basically on threats to our citizens whether in this country or abroad. and that is how we arrived at that sort of vision. now, the danger with a was of course it could encompass just about every single thing there was as a threat. so we've set a threshold. so serious

in the case of the united kingdom, the change to finding a happy new state took several decades.o no, there is not a corresponding limit for societies. >> my question is really for the panel. i think most of the challenges you are outlining are ones that require one of two types of solutions, either an up-front cost that you have to pay in order to get long-term benefits, where you have to create a coalition where everybody has an incentive to defect or a free ride. i would argue that our current political institutions are better at doing either of those things. we have short-term horizons and we do not like to give up sovereignty in any way. i am more optimistic about our ability to solve these. -- more pessimistic. >> i think you have set in the past that pessimism is the new black. >> i am actually worried about the one thing that i hope will help us out of this, and there are not enough people devoting in their life and their work to solving these problems. we are really get at solving problems, but we do not have enough people. they are not enough graduate school course is t

we've got 80,000 to 90,000 more nurses across the united kingdom. we've got 30,000 more doctors. we've got the best equipment now in some of our hospitals. remember the situation before 1997, when people had to wait two years for operations? it's now a maximum of 18 weeks. yes, it is our priority that we will support the frontline services, health, the national health service, education and policing. these are the frontline services that people depend on. we will make sure that that finance is there. david says he will support the national health service, which assumes he will not give the same guarantees to education and policing as i asked him earlier this evening. the main point to recognize is this -- david will not give you the guarantee that you'll see a cancer specialist in two weeks, or the guarantee that you'll have a gp in the evenings and weekends. these are personal guarantees written into the nhs constitution that we will give. >> the point is that today, actually, the number of nurses is going up -- the number of managers is going up five times faster than the numbe

a whole taste and saw a tomato sauce in spain and denmark was better than tomato grown in the united kingdom. >> we only have a few seconds left. are you basically giving simple little figly for cover. because i go to your restaurant i feel a lot better about myself and i'm a lot greener but i took my rolls royce and my driver to get there. are you giving us a new way to do this rather instead of omaking sacrifice in our lifesty lifestyle. >> if you eat good, if you eat a good vegetarian meal for the week, you've really done your carbon for the week. >> i feel much better about my lunch today. >> you're empowering people to take that first step. >> the most important thing i have to tell you, if you choose them you save 3 kilograms of carbon and that is equivalent -- >> let's eat. thank you so much. good to see you. >>> coming up, the push for financial regulation and the greek credit krcrisis plenty of potential headwinds. >>> next week's markets? the smart plays for next week on the other side of the break. >>> time now for the trader triple play and the best trades for next week from our

over the united kingdom. over france and poland, talking about air travel limited in so many of these locations. in fact, when you look at air travel, this is a look at the transponders that indicate air travel above some of the cities. notice the blue xs here, where the ash is affecting as far south as italy. you can see some activity along the coast in the mediterranean and back towards turkey and into lower areas of bulgaria. a couple of plains getting around northern blael roos. not much at all, bell ra roos. certainly going through. talk about the patterns and the change. here's the way thing are shaping up now. winds coming in off the atlantic seriei i serieing that searing that plume of ash. once again, the most populated areas of central and eastern europe. now, there will be some changes. not today, and it's not going to be tomorrow, but later this week we are anticipating the winds to shift in the upper levels of the atmosphere, at least to some degree. what hwhat that means, breaking up over the uk

i was born and educated in the united kingdom. in 1977, i joined the london office in the uk. york office. at arthur young, i specialize in financial companies. and made my career after understanding and control, figuring out potential issues and resolving issues, that is what i did for a living. i very rarely raised my issue to writing. i joined lehman brothers in 1994. i held my final position twice which was the comptroller of the global financial controller of the fund balance sheet and the global legal entities. there were a number of issues over the year at lehman brothers. i had my normal load of issues which were discussed regularly with my boss. those include all of the items in which i will get to it in a second. they also include issues in the second e-mail that i will talk about later. my own personal issues, there were other issues that we had some sort of classification as to why these issues were not being resolved. on may 16th, which was two weeks before the end of the second quarter, i hand delivered to my letter to the four addressees. i was fired the any not

lee westwood of the united kingdom.he day started with westwood in the lead and woods four behind that's where they remain after 18 holes for at least woods. we should have him drive out what is the most scenic spots here. this is magnolia drive behind me entrance and exit for the players. eventually woods will get his things and drive out. will he make an incredible historic return to golf by getting a fifth green jacket tomorrow? that remains to be seen. he's going to have to have an incredible day to do that >> what are the crowds like bigger? have you noticed any animosity or are they just cheering for tiger like they always have? >> reporter: very well animosity, a lot less than i expected. there had been a plane thursday with two banners aerial heckling. the faa grounded that plane yesterday morning because there were four additional banners that were supposed to be flown over the tournament. all of them giving tiger woods a strong ribbing about his extramarital affairs. the faa said never before has a banner plan

then get a fer troy the united kingdom to dover, and then a train to london. i might get home at some point on sunday. >> what a nightmare. all right. well, that's all for now. i'm jessica yellin. and thanks for joining us. "larry king live" starts right now. >>> hey, this is your cotton picking, tobacco chewing stump jumping gravy coffee putting, hillbilly from hill county. you're listening to luck, luck, texas. >> wish me luck. >> larry: tonight -- ♪ on the road again >> larry: willie nelson. ♪ just can't wait to get on the road again ♪ >> larry: the outlaw is on the road again. and makes a pit stop at our studio for you. pot in you right now? >> you can arrest me. ♪ >> larry: the legendary willie nelson and i team up for the hour. next on "larry king live." -- captions by vitac -- www.vitac.com >> larry: what a treat we have in store for you tonight. we welcome back willie nelson to "larry king live." he is on the road again, literally, with the on the road again tour. and his newest album "country music" will be released next tuesday from round records. al

. >> sean: we are now over two weeks away from election day in the united kingdom.he conservative movement across the pond is very much in the hunt just as republicans expect to be come november here in the u.s.. the latest poll has liberal democrats barely in the lead with 34%. conservative party led by david cameron close behind at 31%. prime minister brown's labor party in third with 26%. those numbers have shifted slightly in the aftermath of last thursday's historic televised u.k. leaders debate. here to tell us why from london pollster president of the worddoctors frank lutz. welcome, thank you for being with us. what is interesting, a lot of similarities in terms of the debate. there's a new development in light of this debate that took place the other night. share what is going on. >> well, britain, i went to school here in the 80s. i've watched british politics what americans don't realize it usually happens first in britain then comes to america. margaret thatcher was elected in 1979 the precursor to reagan in '80 he used some of her slogans in his campaig

it's said by some that the united states and united kingdom are in one place and france and japan and others are somewhere else. >> there are discussions going on at the moment, you're right. first of all, because we need to define clearly what we understand as capital. i won't bore you with the technical details. but whether you consider that pure equity only is capital, whether you take into account other instrument, how you account for the minority interests held by certain banks in some insurance companies, for example. and then the bank insurance model, that's the first thing that we need to agree upon. and the second is what ratio of capital is appropriate depth depthing on the level of risk taken by some banks. some banks have a risk profile that requires high level of capital. other banks which are essentially sort of retail banks wholesale banks and as a small portion of their business investment bank do not have such a risky profile and do not necessarily require the same level of capital. that's the discussion going on at the moment in front of the financial stability board

before we do, these three parties represented here tonight are not the only ones in the united kingdomking for your vote next week. if you live in scotland, you'll be able to hear from then snp. on sunday at 9:00 p.m. on bbc one, the scotland leaders go head-to-head. if you are in the whales, you can hear your leader in wellale. the leaders will debate on sunday at 9:00 and bbc one wales. there will be a debate between the northern island four main parties next tuesday on b b c one northern ireland. finally we will hear from yucat and the greens after this debate. here's another question -- all the politicians aware they have become removed from the real people and why don't you remember that you are there to serve us not ignore us. ? >> the only reason i can into politics was because i saw what was happening in my local community and i had the good fortune of being a member of parliament for the people i grew up with. the reason i want to be in politics is to create jobs. when it comes to immigration, i want to see a situation where we increase the number of jobs that people trained a

will make us safer here in the united kingdom. i think we need to win the division between foreign policy and security policy and home office policy. bring it all together and think about our national security. i would also say this, if you look at future operations like that, we have to learn from the mistakes of the past. we got to make sure that we plan properly. we've got to make sure we never send our troops into battle again without the proper equipment, without the proper helicopters. where do you think are not just overdoing, but is he a bear? are we helping these people? to wear their political strategy for getting out of that country once we tried jamaica safe with our allies. i think in the case of afghanistan, far too many of those questions weren't answered anything that while i support what were doing and what i wanted to work, i still worry were not doing enough to get the political situation right in afghanistan. >> i think everybody's agreed if we were to do this again, which is a stupid question, we have to make

defense and the other is saline of the conservative party with former ambassador in spain and united kingdom and there today in the lead, santos has about 30%, saline about 22%. then if they win they go to a second round in june or august. >> argentina. >> (laughter) >> that is what i wanted. >> argentina for a half century has waivered back and forth between periods when the vero nists were in power and they taxed their pex port sector to support a middle class that needs to be subsidized if it is to live. and when that creates inflation and declining exports because taxes are too high in the export sector, either a military coup occurs in the old period. or they get voted out and somebody else comes in. and now in the period where they are trying to subsidize urban life. the budget deficits are being concealed. inflation is rising. they are trying to use political means to keep inflation under control. and it's not working. so something has got to give. so the country is at a point where criticism of the government is escalating and making it more difficult for criticism to be heard. the t

to make matters worse, is that new cloud is now spreading south and east toward the united kingdom. the new development could complicate a plan to resume flights on a wider scale tomorrow over europe. it could also pose other dangers. first we want to show you what that ash cloud looks like up close or from inside. gary tuchman is on the ground in ice lan. he got caught in the middle of an ash cloud today. take a look. >> reporter: in the western part of iceland, it was almost completely normal. in the capital, the winds haven't blown in that direction. but to the south of the volcano, to the east of the volcano, this is what's going on right now. the people who live here, this is a farm. there are farmers who live here. you can see you can't even see their land, it's covered with ash. it's unknown how much property damage these people will suffer. you can't clean it up because they don't know how long the volcano will last. we visited a farm yesterday. the farmer had ash that turned into mud. he wasn't sure how long it would last before he got more ash. today this farm is down the

also, over the united kingdom as well, but the delays are going to continue today.o, they should expect that, due to the fact that 95,000 flights were canceled over the past week. british airways is expecting two dozen flights to head into heathrow. about 75% of european flights are expected to operate today. that is a change from what they have been experiencing. the london flight that leaves here at 9:26 is on time. i spoke to a man who has has been her since saturday. >> we have tickets for the 25th confirmed, but we want to get home before that. i heard this morning the airways are open. so, i tried to get on standby. >> a family of 5? >> yeah. >> what do you think the likelihood is? >> i have gone to the third flight today. i heard there is only two on standby at the moment. >> reporter: it is interesting you talk to the folks over the last couple of days who have tried every route in other to get into the uk. some we're going to a point trying to get into russia, for instance, but just to give you an idea spain's airport stayed open most of the time. so, they

they looked at would've been done in the united kingdom.oked around the world at other acts of judicial reform and what could possibly be done in this case. so it was a very thorough examination goodies from the entirety of his first term doing it and then he arrived at this decision. so it was either rushed or impulsive. they may or may not have been wise depending on the view that he had taken of it. but it was not an irrational act. >> it was so long ago. fox news was just on the radio. [laughter] i'm sorry, did you want to have one more question? do we get one more mike? william banned in google. [applause] great friend. >> jeff, that's a brilliant narrative you told. i appreciate it. i would say the one justice who is rarely mentioned is how unfixed outcome was also a member of the court and his appointment by roosevelt as chief justice in 1941 seems to me to indicate roosevelt's great respect for the court. stone start with a conservative appointed by calvin coolidge and he himself was critical when deliberations of the court regardin

an example of that was field marshal montgomery arguing against entering the united kingdom and saying that the british to keep out of europe and shore up the commonwealth. that was praised in those days. some of the british people want to the other extreme and wanted britain to merge completely. a friend of mine was pessimistic and said that britain would become another poor european country. in those days, portugal was pour so my friends said that britain would end up just another poor country like portugal. what actually happened is that the u.k. found a middle way by means of selective change. britain jettisoned the empire. they ended up with only a small fleet. it became part of the european union but britain is the most distinctive and then a part of the european union. they found a way to become or remain a world leader in science, technology, innovation, and agriculture. there have been massive changes in british society compared to 50 years ago when i was living there. these are changes that i never anticipated. despite these changes, england will still be england. britain suc

look what they've allowed their big base to do, look at the case of ireland or the case of the united kingdom. the royal bank of scotland became one bank, became had a balance sheet 1.5 times the size of the u.k. economy. in ireland the biggest three banks together has balance sheet to times the size of the irish economy. in iceland, well, i slid, how could we possibly become like iceland? iceland, the banks began doing in lebanon and 13 times the size of the country. our biggest banks are getting bigger. next time they fail, there is nothing, i can assure you, in economics or law or physics that says the amount of offsetting impetus you can provide to the economy through monetary policy or through fiscal policy will roughly match the negative shock you are getting from the collapse of the financial system. in 1930, if the federal government had wanted to do a sensible what we now regard as sensible fiscally and fiscal sinners because they're having a major problem, the historians look, the federal government could have done a fiscal stiffness of 1% of gdp. the government was more, much more

have over 180 exhibiting countries here to show and we have companies here from australia, the united kingdomver the united states and for those entrepreneurs out there and those like-minded aggressive, small business people out there, come on down to the show. it's a terrific way to control your own destiny. >> reporter: and the economy has contributed to folks that are perhaps refugees from the corporate world and they are really flocking to franchise opportunities? >> people have been downsized and outsources and laid off from businesses but the good news is the small business owners, anger is not a strategy for them. they're looking to grow themselves out of the economy. and if you want to control your own destiny, work hard, you can make a good living for you and your family. >> reporter: well i'm going to show some folks some of the good living. some of you may have seen me sitting on my inflatable thrown. this is monkey joes and this is darrell. tell me how you got interested in inflatable jumping things for children. >> monkey joes is entertainment for kids and it's a great place for

they have posted news all flights to and from the united kingdom will be cancelled. check out this image released by nasa we can show you. massive cloud of ash that is hovering over most of europe is so big, you can see it from space. this cloud that is hugging huge portions of europe have closed large sections of airspace creation fear that the particles of the ash cloud could endanger passengers by causing aircraft engines to plug up and fail. officials say the amount of ash and the big heavy plume is increasing which hit 21 countries with delays and groundings. those officials in iceland say it will persist for at least 24 hours or more which is also put an enormous strain on air freight busy. ups and fed ex reporting big problems with scheduled cargo flights. cancelled flights, lack of hotel rooms and dwindling of cash, it is a nightmare for those that are dealing with the nightmare. right now there are over two million passengers that have been affected by this volcanic eruption, and it's been impossible to predict when booking flights. >>> it's been a big probl

special relationship about the relationship of bill clinton and tony blair, prime minister of the united kingdom. it covers the years from 1996 to 2000. those are the sizzle years. host: what was that like? guest: quite daunting. quite a challenge. and i hope i did some justice to it. host: dennis quaid and dr. charles denham and the website. guest: safetyleaders.org. host: that does it for "washington journal," see you tomorrow morning at 7 a.m. . . >> the senate convenes with general speeches at 2:00 p.m. eastern, with a vote scheduled at 5:30. you can see the senate live on our companion network, c-span2. the house will be back tomorrow at 2:00. live coverage here on c-span. now more about the nuclear summit from today's "washington journal." host: josh rogin writes for " foreign policy" magazine, covering the nuclear security summit this week. what does the administration want to get out of this? >> largely determined well in advance, we'll see at the end is a statement of president obama's plan to secure all loose nuclear materials in four years. the language has been negotiated and we'll c

interest of the one square mile of the city of london or the 100,000 square miles of the whole united kingdomwhat i think we now need to do is look fundamentally at what went wrong in the way in which banks were working. my view is as long as you have banks that mall up high risk free-wheeling casino investment on the one hand and the conservative sober retail banking that we all depend on the new are asking for trouble and that is why the government to the bank of england said this as well many people are increasingly saying we should split up the banks between investment banking on the one hand and eye steak the income on the other in order to insure that we never ever again have the banks hold a gun to the rest of the british economy. and still we haven't done enough to put it ourselves about risk in the future. >> we have tax on bonuses with a 2 billion tax and pre-budget report. we are insuring that every penny that is given to the banks comes back and that is why we are taking the action necessary to recoup the money from the banks. i want to global financial levy that america i've been

the united kingdom has to maintain this and go a little bit further. we have an approach to the borders that we have had several years -- i would like to see the introduction of the exit controls. i would like to see them coming in. i would like to see a dedicated police force. and then, we will have to deal with the legacy -- we have some creative ideas about how we do something for the people who are here, already. they're usually in the hands of criminal gangs. we have the people have been here for three years, and want to make a contribution to this country. this would go from the hands of criminals to the taxman. this would go from these underworld employers. many people are coming here illegally. and now they want to air brush this completely out of the debate. i think that this is wrong. this is just flushing this under the carpet and this is not the kind of politics that i am believing. >> i am from italian television. you say that you are leader who is willing to ask difficult questions. you are arguably the best leader when it comes to unders

i'm understanding that there are 26 flights in the air toward the united kingdom, but that the airspace not been opened up yet by -- by civilian airspace authorities. what's the story here? >> reporter: ali, british airways is telling us that they put 26 long-haul flights in the air, that includes flights from the west coast, ali, flights from india, flights from asia, other flights from north america. they put 26 flights, possibly more than 8,000 people in the air, with the hopes to land behind me at heathrow, or london gatwick, realizing that this airspace is closed. they are saying they are waiting for a window of opportunity to land. if they cannot land here, they will land at a european airport close by. what does this mean behind the scenes? this is b.a. playing hardball. they have put 8,000 passengers in the air telling them that they expect to land in london, but not sure if they are actually going to. b.a. has been furious about the way this has been handled. they do not believe that air corridors through britain cannot be created. they want to land here desperately. we're goin

we see even today proposals by prime minister gordon brown of the united kingdom for international banking be used for future bank bailouts and financial crises. the idea comes in a variety of different forms, often very technical, often obscured in larger efforts that mean they don't get a lot of attention. but let me be very clear. the minute the united states loses the sole authority to tax its citizens and decide where those tax revenues go, the minute that authority is delegated to an international organization, is as clear a violation of sovereignty as we can imagine. now that may be painful for the international left here, but i think it's critical for americans, given the basis of our own revolution, not to recognize the taxing authority like the prosecutorial authority delegated to the international criminal court is something that we should not let go. now, finally in a whole range of areas that i think we normally would consider issues that should be debated in our domestic politics, take whatever position we will, that advocates of global governments keep trying to push these i

he will visit france, the republic of congo -- the democratic republic of congo, and the united kingdom. he will deliver a speech on transnational security challenges. he will meet with the number of french officials. he has requested a meeting with president in a cell -- with the president of a couple of countries in africa. the will continue with his trip in london where he will meet with officials of the foreign office. we posted on our website the remarks of undersecretary bo --f the undersecretary. he read that a revision on the relationship of china, highlighting the importance of engagement. he talks about four areas that could fall under our economic partnership, global architecture participation, economic stability, trade, and climate change. he will also participate in the forum over the weekend before coming back to the united states. regarding pakistan, we congratulate their political parties, parliament, and the members of the constitutional reform committee on effectively tackle during -- effectively tackling major issues. we applaud the efforts taken by pakistani politica

payments and paper clearing and developed countries and i have japan, the european monetary unit, united kingdom, canada and the united states largely japan shows high electronic payments. this again is in per-capita. the u.s. has a very high additional number of long cash payments being made through the check system and this can be explained i think by the relative obviously maybe there are well the difference is that it's also because perhaps higher who use of cash in other countries as well particularly japan that has had very high the use of currency historic kleeb. i just figured i would end with a little bit of a question. the u.s. card infrastructure is currently a magnetic stripe. there are various technologies being touted as a possible replacement and the replacement is difficult. there are lots of issues to consider but all of us should be thinking in the future like the magnetic stripe, like paper we will probably be replaced. how will that be replaced and when and then i would point out also internet commerce is pretty small although clearly for airplane tickets you are going to mak

france, the united kingdom, the united states, china, russia and germany have made serious attempts to engage with iran through the so-called p-5 plus one process. these efforts have been repeatedly rebuffed and in some cases even scorned by the iranian regime in tehran. iran's leaders continue to pass up extraordinary opportunities to integrate their country with the rest of the world, a desire felt by so many of iran's citizens. i support these engagement efforts as a means towards changing the behavior of the regime. unfortunately, it has not worked to date. noncompliance with u.n. and iaea -- with the u.n. and the iaea must have consequences in the international community -- and the international community must move quickly to show the regime that we are serious. during my recent trip, i also attended a conference on transatlantic relations in brussels with american and european leaders. i called on our european allies to support an aggressive multilateral sanctions package, and i was heartened to see that so many participants heeded this call to action. i appeared on a panel along