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Oct 22, 2011
10/11
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top earners paid higher taxes to the united states treasury. you will not have corporation setting off foreign trust. tim gehner, the treas secretary can't figure out his taxings. flat tax is simpler and generate more revenue. >> go and soak the rich on the flat tax. >> i testified before congress about i.r.s. reform and menging the flat tax. i think that the rich could pay more under it. it would stop them doing tax evaluation with a higher rate. russia and estonia and lithionia. and we are stuck with the i.r.s. that makes war and piece look easy. >>> and congress drilled so many loop holes and russia and estonia. you need a one party system to enact it. they'll will turn and twist it again. >> what about the special interest? there are billions worth of special interest. and how do you keep them away from filling a flat tax with holes. >> you are right about the special interest. h&r block sent a special mailing warning about the end of civilization. do it to reagan. you appeal of public opinion. >> when i -- testified on it the charlie range
top earners paid higher taxes to the united states treasury. you will not have corporation setting off foreign trust. tim gehner, the treas secretary can't figure out his taxings. flat tax is simpler and generate more revenue. >> go and soak the rich on the flat tax. >> i testified before congress about i.r.s. reform and menging the flat tax. i think that the rich could pay more under it. it would stop them doing tax evaluation with a higher rate. russia and estonia and lithionia....
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according to the united states treasury mars the big day the second anniversary of the u.s. getting out of recession and before you start cheering no we're going to give you five good reasons why there is nothing to celebrate and why the u.s. economy is nowhere near out of the woods protests on the streets are just one example of course and today the occupy wall street movement in new york took its message directly to too big to fail banks and after the bank stocks rallied yesterday on news of europe's debt deal more economists came out today saying this deal may not be enough to prevent a crisis also pressure off europe's deal u.s. president brought go bomb maker lee heading into the g twenty has suddenly saying all right let's please get a firewall now to prevent the crisis from writing he says the u.s. will do its part as an economy touting his jobs plan as key to u.s. road but attempts to pass it have failed so far so with washington really impotent and what does this mean for millions of jobless americans well let's see let's get to the capital account. all right u.s. p
according to the united states treasury mars the big day the second anniversary of the u.s. getting out of recession and before you start cheering no we're going to give you five good reasons why there is nothing to celebrate and why the u.s. economy is nowhere near out of the woods protests on the streets are just one example of course and today the occupy wall street movement in new york took its message directly to too big to fail banks and after the bank stocks rallied yesterday on news of...
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Oct 6, 2011
10/11
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MSNBCW
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united states. for a while, apple had even more cash on hand than the united states treasury.aying tonight in a statement, "steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. the world is immeasurably better because of steve." bill gates, former chief executive of apple's great rival microsoft adding, "the world rarely sees someone who's had the profound impact steven has had. the effects that will be felt for many generations to come. for those of us lucky enough to work with him, it's been an insanely great honor. i will miss steve greatly." a reference to the unveiling in 1984 of the macintosh computer and the ostentatious achievement it could write something goobery in cursive. steve jobs in 2005 gave the commencement address when he talked about his career and what people ought to think about with their own futures but talked in a way that now in retrospect is striking and hard to believe about his own mortality. listen. >> remembering that i'll be dead soon is the northeast important tool i've ever en
united states. for a while, apple had even more cash on hand than the united states treasury.aying tonight in a statement, "steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. the world is immeasurably better because of steve." bill gates, former chief executive of apple's great rival microsoft adding, "the world rarely sees someone who's had the profound impact steven has had. the effects that will be felt for...
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Oct 23, 2011
10/11
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CSPAN
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that will bring $800 billion into the united states treasury. we have more oil in three western states than all of the oil in saudi arabia. we have 25% of all the coal in the world. we have some of the largest fines of natural gas found recently in pennsylvania. solar, wind, biofuel -- we have it all. i want to legalizit all. i also want to change the epa and get rid of the epa. we have 50 at the state level. i want to get rid of it so we can open up american energy production and be the leader in the world. [applause] >> if you could reverse one energy-related policy decision in the last three years, what would it be and what would you have done differently? >> there are so many, but the one that has really hurt the economy in a most devastating way was the moratorium the president obama put on after the oil spill that occurred. there was devastation that occurred because of the oil flow that occurred, but there was nothing that was worse than the moratorium that he put on. the gulf coast region -- [applause] the gulf coast region still continue
that will bring $800 billion into the united states treasury. we have more oil in three western states than all of the oil in saudi arabia. we have 25% of all the coal in the world. we have some of the largest fines of natural gas found recently in pennsylvania. solar, wind, biofuel -- we have it all. i want to legalizit all. i also want to change the epa and get rid of the epa. we have 50 at the state level. i want to get rid of it so we can open up american energy production and be the leader...
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Oct 31, 2011
10/11
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FOXNEWSW
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cannot beg people enough get out of international stocks, out of europe, head back to the united states and treasury bops and corporate bonds because when i see record numbers for a month of the stock market, get out. >> get out of stocks mostly and get into safer treasury bonds, for example. why? what is the big problem coming down the pike? >>reporter: we have seen kind of the problem here. it is earnings seasons. earnings are great and growing at a perfect pace but the problem is the guidance. tech is starting to ratchet down guidance for expectation of lower growth in the future, so i think that is an indication to investors that it may not be rose the next couple of quarters. >> profits not that good? i thought they were acceptable. >>guest: look, the market is priced or used to profits at 3 percent plus, and we see profits at 15 percent to 20 percent which is not bad. but not where the market was and not what the market is expecting. >> this week, bernanke held a press conference, and do you think he will come out with any surprises to prop up the market? >>guest: no, and the question with ber
cannot beg people enough get out of international stocks, out of europe, head back to the united states and treasury bops and corporate bonds because when i see record numbers for a month of the stock market, get out. >> get out of stocks mostly and get into safer treasury bonds, for example. why? what is the big problem coming down the pike? >>reporter: we have seen kind of the problem here. it is earnings seasons. earnings are great and growing at a perfect pace but the problem is...
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Oct 12, 2011
10/11
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CNN
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united states. the u.s. treasuryraign yan commercial airline has been sanctioned for its ties to iran's quds force. senior members of the guard were behind this alleged plot. the dharm of the house home land security committee representative peter king tells me he believes someone even higher in the iranian regime may have been involved. >> it would be an act of war if it was carried out, so i just have to believe that considering what an elite force this is, this would not have been done unless it was sanctioned by the highest levels of the quds force and i can't imagine they would sanction it unless they had been given the sign off by people higher in government. >> the iranian government lodged a formal complaint accusing the obama administration of fabricating the entire thing. and an iranian american suspect in the plot is in custody in new york and facing another court date in two weeks. monosor arbabsiar is accused of conspiracy, but a long time friend is describing the former used car sales man as quote, a ha
united states. the u.s. treasuryraign yan commercial airline has been sanctioned for its ties to iran's quds force. senior members of the guard were behind this alleged plot. the dharm of the house home land security committee representative peter king tells me he believes someone even higher in the iranian regime may have been involved. >> it would be an act of war if it was carried out, so i just have to believe that considering what an elite force this is, this would not have been done...
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Oct 21, 2011
10/11
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CNNW
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right now the united states treasury department has $37 billion of money that had belonged to gadhafiibyan funds frozen in the united states. the united states doesn't control that. they will probably release most of that at the request of the new libyan government when it wants it, but according to a group called global witness, a watchdog group, anti-corruption watchdog group, they obtained a statement by the libyan investment authority earlier this summer and found out from the statement where some of the investments are. according to that statement, the libyan investment authority had almost $20 billion worldwide of deposits in several major banks across the world, including goldman sachs, hsbc, british-arab bank and sahara bank. according to a same time obtained, the lia had investments all over the world of at least $64 billion. we'll show where you. italy, libya's largest trading partner. according to the statement, the invest authority had a 2.6% stake in unicredit, 2% stake in fin mechanic kaw. take you further north to jrm . germany. invested in a chemical firm and in the el
right now the united states treasury department has $37 billion of money that had belonged to gadhafiibyan funds frozen in the united states. the united states doesn't control that. they will probably release most of that at the request of the new libyan government when it wants it, but according to a group called global witness, a watchdog group, anti-corruption watchdog group, they obtained a statement by the libyan investment authority earlier this summer and found out from the statement...
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Oct 8, 2011
10/11
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FOXNEWSW
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. >> the central bank of the united states and secretaries of the treasury expressing sympathy? >> this sounds, if that's true, this sounds very political in terms of being geared to the 2012 election. >> well, i can understand why mr. geithner might want a little secret cred among democratic voters here, but it is ironic, given that if you wanted to say who is the one person who gave us the bailout era of wall street, it's tim geithner. as president of the federal reserve bank of new york, orchestrated, cheered on beginning with bear-stearns and then aig, the various government intervention. so for him to try and jump ahead of this parade is just beyond weird, but-- >> go ahead, james. >> i was going to say, listen to the president, he keeps saying this is not class warfare, this is just not. you look at what's going on in downtown manhattan. that's class warfare, these guys do want war. >> paul: could it really be that this is going to be the beginning of a populous left wing movement comparable to what we saw in the conservative populism of tea party and actually become a maj
. >> the central bank of the united states and secretaries of the treasury expressing sympathy? >> this sounds, if that's true, this sounds very political in terms of being geared to the 2012 election. >> well, i can understand why mr. geithner might want a little secret cred among democratic voters here, but it is ironic, given that if you wanted to say who is the one person who gave us the bailout era of wall street, it's tim geithner. as president of the federal reserve...
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Oct 26, 2011
10/11
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CSPAN2
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united states. nevertheless, europeans are taking actions to implement regulatory reforms that largely parallel the reforms that we are implementing in the united states and we in u.s. treasury are closely engaged with european counterparts to make sure that as we move ahead in financial regulatory area that we are maintaining a level playing field and ensuring that we are achieving high standard regulatory regimes in europe and the united states. in terms of imf resources, the imf has committed substantial resources to the euro zone periphery countries to greece, ireland and portugal. nevertheless, those commitments are still relatively small share of the imf's total available financial resources. they remain a very substantial arsenal of financial resources to the imf, which it could use if needed to extend financing to european countries or countries around the world. we think imf does play a constructive role in europe but it equally important that that role continue to be in the context of a strong and comprehensive commitment by the europeans to dealing with the problems. europeans themselves have the financial resources to deal with this crisis. the imf plays a supple
united states. nevertheless, europeans are taking actions to implement regulatory reforms that largely parallel the reforms that we are implementing in the united states and we in u.s. treasury are closely engaged with european counterparts to make sure that as we move ahead in financial regulatory area that we are maintaining a level playing field and ensuring that we are achieving high standard regulatory regimes in europe and the united states. in terms of imf resources, the imf has...
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Oct 27, 2011
10/11
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KTVU
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. >> reporter: the agreement has pushed stocks up in the united states today. treasury department officials will be testifying about it, again, in front of a congressal committee this afternoon. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >> thank you. >>> 8:19. well a short solidarity for the oakland protesters by demonstrators in new york city got out of hand. this was new york last night. "occupy wall street" demonstrators showed their support for the oakland demonstration. hundreds har marched to the step -- marched to the steps of city hall. at one point, the protesters clashed with new york city police. officers made several arrests. there were a few minor injuries. >>> now, at one point, the latest "occupy oakland" protest shipped toward downtown with -- shifted toward the downtown b.a.r.t. station. look at this. our ktvu news camera was there during last night's pretty tense confrontation. police shut down the gates to the 19th street b.a.r.t. station as the protesters tried to enter. demonstrators then taunted the police officers ab
. >> reporter: the agreement has pushed stocks up in the united states today. treasury department officials will be testifying about it, again, in front of a congressal committee this afternoon. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >> thank you. >>> 8:19. well a short solidarity for the oakland protesters by demonstrators in new york city got out of hand. this was new york last night. "occupy wall street" demonstrators showed...
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Oct 25, 2011
10/11
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CSPAN
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treasury will produce an official united states mint commemorative coin featuring the baseball hall of fame. importantly there will be no cost to the american taxpayer associated with this bill. the coins are legal tender but will be produced in a limited quantity. they will become available in 2015 to mark the 75th anniversary of the opening of the hall of fame in cooperstown. mr. speaker, the story of baseball is a story of america. baseball is a game of skill, from the most precise pitchers to the heaviest hitters. in the late 1800's men of all ethnic backgrounds joined together on the diamond to play the game that would become america's sport. germans, poles and italians, irish, jews, native americans and more formed teams. a hodgepodge of americans. immigrants, all of whom found acceptance on the field. this game broke barriers long before the civil rights movement began. . while much of america was segregated in the 1940's, jackie robinson in 1945 was signed to play major league baseball. integration began on the baseball field. the examples go on. from the stories -- stories of
treasury will produce an official united states mint commemorative coin featuring the baseball hall of fame. importantly there will be no cost to the american taxpayer associated with this bill. the coins are legal tender but will be produced in a limited quantity. they will become available in 2015 to mark the 75th anniversary of the opening of the hall of fame in cooperstown. mr. speaker, the story of baseball is a story of america. baseball is a game of skill, from the most precise pitchers...
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Oct 6, 2011
10/11
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CSPAN2
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we need to look for ways to create american jobs now without costing the united states treasury or raisingtaxes on an already weak economy. this is one of those things. senator schumer, senator brown, senator graham, and i, we agree in a bipartisan way that this is a way to create jobs without harming our economy. without raising the debt of america. a bipartisan act to create greater employment by simply eliminating an unfairness that's hammering american manufacturers and american workers. they say if you insist on this, china will be offended. well, first, china's a great nation. they have the second largest economy in the whole world. they are bellicose, they attack us aggressively. we don't go hide under the table when china says something bad about the united states, do we? and neither are they going to hide under the table if the united states senate and united states congress says you got to get your currency correct. great nations don't wither and crawl away. i was looking at the article in "forbes" magazine by mr. gordon chang who talked about this question. my friend, chris chac
we need to look for ways to create american jobs now without costing the united states treasury or raisingtaxes on an already weak economy. this is one of those things. senator schumer, senator brown, senator graham, and i, we agree in a bipartisan way that this is a way to create jobs without harming our economy. without raising the debt of america. a bipartisan act to create greater employment by simply eliminating an unfairness that's hammering american manufacturers and american workers....
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Oct 13, 2011
10/11
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CSPAN
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we passed a law that repealed those tax benefits, more than $12 billion, returned to the united states treasury, taken out of the hands of american corporations that were shifting jobs overseas. $12 billion. not one, not one republican voted to end that tax break. let's understand there's a very different way in which we look at how to make it in america. end the tax breaks that allow corporations to shift jobs offshore. trade policy. my view today is a sad day in american trade policy. today, this house and yesterday the senate, passed three trade bills. they were called free trade. they were certainly not fair trade in my estimation. those trade bills are going to cost the loss of american jobs and i'll tell you what the proof is. no sooner had those three trade bills passed out of this house and then a fourth bill came up. you know what the fourth bill is called, trade adjustment act, providing billions of dollars for those workers that lose their job as a result of the three trade bills that pass this house today. do you get it? what's going on here? you tell me these are going to create jo
we passed a law that repealed those tax benefits, more than $12 billion, returned to the united states treasury, taken out of the hands of american corporations that were shifting jobs overseas. $12 billion. not one, not one republican voted to end that tax break. let's understand there's a very different way in which we look at how to make it in america. end the tax breaks that allow corporations to shift jobs offshore. trade policy. my view today is a sad day in american trade policy. today,...
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Oct 12, 2011
10/11
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WJZ
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. >> the united states is committed to holding iran accountable for its actions. >> reporter: treasury officials have already imposed new sanctions against tehran and the state department is hoping other nations will join the u.s. in pressuring a country it sees as a growing threat. now, there is some debate here about whether this constitutes an act of war since assassination wasn't carried out. the talk is about gaining the international community, including china, to really press iran and enforce state sponsored terrorism and its nuclear plants. >> a lot of people want to know this. how did officials eventually get their hands on arbabsiar? >> well, actually, it was a sting operation. he got tricked going back to mexico to meet with the assassins. he was going to be the collateral until the murder was carried out. but when he turned out once he got there the mexican authorities took him into custody and shipped him back to new york and that is where the fbi was waiting. >> susan mcginnis in washington, thank you for that report. >> thanks. >>> members of congress are speaking out th
. >> the united states is committed to holding iran accountable for its actions. >> reporter: treasury officials have already imposed new sanctions against tehran and the state department is hoping other nations will join the u.s. in pressuring a country it sees as a growing threat. now, there is some debate here about whether this constitutes an act of war since assassination wasn't carried out. the talk is about gaining the international community, including china, to really press...
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Oct 24, 2011
10/11
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CSPAN2
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paying jobs, increase domestic energy supply to 50%, and that brings $800 billion into the united states treasury. we have more oil in three western states than the former shell oil than all of the oil in saudi arabia. we have 25% of all of coal in the world. we have some of the largest spines of natural gas found recently in pennsylvania. we have trillions of cubic square feet of natural gas incoming solar, winds, biofuels here in iowa. we have a all. i want to legalize it all and change the epa and get rid of the epa. we have 50epa's at each state level, get rid of it so we can open up american energy production and be the leader in the world and be the head and not the tail. [cheers and applause] >> if you can reverse one energy related policy decision in the last three years, what would it be, and what would you have done differently? >> there's so many, but the one that hurt the economy was the moratorium that president obama put on after the oil spill that occurred. there was devastation that occurred because of the oil spill that occurred, but there was nothing worse than the moratorium he
paying jobs, increase domestic energy supply to 50%, and that brings $800 billion into the united states treasury. we have more oil in three western states than the former shell oil than all of the oil in saudi arabia. we have 25% of all of coal in the world. we have some of the largest spines of natural gas found recently in pennsylvania. we have trillions of cubic square feet of natural gas incoming solar, winds, biofuels here in iowa. we have a all. i want to legalize it all and change the...
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Oct 26, 2011
10/11
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treasury securities with $1.14 trillion. but it would strengthen our economic relation if china put more of those dollars to work in higher return investments that create jobs in the united states. of course, we'll need to maintain an environment open to investment from all countries. we need to make sure that the process for investing here is clear, open, and fair. when i was treasury secretary, we streamlined the process to ensure that the rules for investing here would be as clear and fair as possible. but five years have passed. so the administration should update its examples and guidelines for successful review, drawing on experience from the first few years of the new law. we should publish more and clearer illustrative examples of investments that passed or failed the new review process, hoping to demystify the process and further clarify how it works. and since china's state-owned enterprises want to invest here, weed in a process to divide principles. like the santiago principles. discussion of such principles is underway right now in two forms. oecd and the transpacific partnership. but china isn't a principle in either group, so i encourage our governments to seek a
treasury securities with $1.14 trillion. but it would strengthen our economic relation if china put more of those dollars to work in higher return investments that create jobs in the united states. of course, we'll need to maintain an environment open to investment from all countries. we need to make sure that the process for investing here is clear, open, and fair. when i was treasury secretary, we streamlined the process to ensure that the rules for investing here would be as clear and fair...
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institutionalization of corruption we have a two party tyranny of the united states and they have been discounting the public treasury they have basically been selling ninety five percent earmarks for five percent contributions to political campaigns. so obama is not going to leverage these people and the extreme right is completely wrong and nancy pelosi is very mentally challenged when they saying that they're going to co-opt that the democrats are going to co-opt this movement this movement is against both parties there are sixty five parties in the united states only tools of them are in power and this is a similar position around the world and i think what people are starting to realize now is that the industrial era institutionalization of what some call rule by secrecy has basically destroyed not just the middle class but the blue collar class and the it should be an oxymoron the working poor so these people are an alternative to the existing system they will not help obama right if we can if we can to step back and take a more global perspective from the effects this movement this global protest might have on
institutionalization of corruption we have a two party tyranny of the united states and they have been discounting the public treasury they have basically been selling ninety five percent earmarks for five percent contributions to political campaigns. so obama is not going to leverage these people and the extreme right is completely wrong and nancy pelosi is very mentally challenged when they saying that they're going to co-opt that the democrats are going to co-opt this movement this movement...
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Oct 26, 2011
10/11
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CSPAN
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united states. nevertheless, europeans are taking actions to implement regulatory reforms that largely parallel the reforms that we are implementing in the united states and we in u.s. treasuryare closely engaged with european counterparts to make sure that as we move ahead in financial regulatory area that we are maintaining a level playing field and ensuring that we are achieving high standard regulatory regimes in europe and the united states. in terms of imf resources, the imf has committed substantial resources to the euro zone periphery countries to greece, ireland and portugal. nevertheless, those commitments are still relativy small share of the imf's total available financial resources. they remain a very substantial arsenal of financial resources to the imf, which it could use if needed to extend financing to european countries or countries around the world. we think imf does play a constructive role in europe but it equally important that that role continue to be in the context of a strong and comprehensive commitment by the europeans to dealing with the problems. europeans themselves have the financial resources to deal with this crisis. the imf plays a supplemen
united states. nevertheless, europeans are taking actions to implement regulatory reforms that largely parallel the reforms that we are implementing in the united states and we in u.s. treasuryare closely engaged with european counterparts to make sure that as we move ahead in financial regulatory area that we are maintaining a level playing field and ensuring that we are achieving high standard regulatory regimes in europe and the united states. in terms of imf resources, the imf has committed...
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Oct 13, 2011
10/11
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CNN
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united states has done. i am not one of those. i believe the united states has acted in a very responsible way. treasurythe iranian government. and ukrainirai iranian enterpri individuals. state is going out, delivering evidence yesterday to the security counsel of the united nations and to our allies all over the world, so i think the effort to isolate iran and hopefully to convince iran that this is not the behavior that's going to endeer them to any nation is really important and critical. i think it's going to be very interesting to see how the iranian government reacts. other than bluster, which is to say this is made up. i think it's very secure that it is not made up. that it's real. >> we'll stay in close touch with you. thanks very much. >> herman cain now has front-runner status in the polls for the presidential nomination. a key conservative has some serious problems with herman cain's so-called 999 plan. that's coming up. a refrigerator has never been hacked. an online virus has never attacked a corkboard. ♪ give your customers the added feeling of security a printed statement or receipt pro
united states has done. i am not one of those. i believe the united states has acted in a very responsible way. treasurythe iranian government. and ukrainirai iranian enterpri individuals. state is going out, delivering evidence yesterday to the security counsel of the united nations and to our allies all over the world, so i think the effort to isolate iran and hopefully to convince iran that this is not the behavior that's going to endeer them to any nation is really important and critical. i...
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Oct 2, 2011
10/11
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KQED
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>> treasury department -- individuals not authorized to live in the united states paid how much in refundabledits? illegal aliens legally collect more in the credits annually than is paid by illegals in total income tax receipts. >> what is the amount >> how much do the immigrants are paying for the treasury! 12.2billion in refundable credits? >> john we have between 11 and 20 million illegals in this country, overwhelming majorities pay no income taxes. they consume benefits from the great society. as for the engineers and the others, there's no doubt there's very able and good people coming to the country. imgrants can be wonderful. we've got millions of americans who have studied science and engineering, who are out of work! they're fellow americans! and the jobs ought to go to them first. i think you ought to cap immigration until unemployment falls to 6%. >> i don't think they're crowding out jobs that americans want. and i think we should give them credit for doing a lot of the i >> earlier we're talking about perry's immigration problem, we didn't raise the real problem that he's havin
>> treasury department -- individuals not authorized to live in the united states paid how much in refundabledits? illegal aliens legally collect more in the credits annually than is paid by illegals in total income tax receipts. >> what is the amount >> how much do the immigrants are paying for the treasury! 12.2billion in refundable credits? >> john we have between 11 and 20 million illegals in this country, overwhelming majorities pay no income taxes. they consume...
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Oct 22, 2011
10/11
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CSPAN2
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united states. that is a special niche. treasury, to my understanding, wanted to bail them out and the secretary said no and it didn't happen. see i.t. went bankrupt and restructured its debt. no one i've talked to, i said everyone if you know the country tell me now or after words, i have not found anyone, any evidence that the failure of the cit group destructive markets damaged the customers. nothing. cit group had a balance sheet of $80 billion. the largest financial institutions we let fail without any kind of bailout since the collapse of lehman brothers. 80 billion can fail. 900, 800 billion you just said couldn't fail. why? because goldman sachs is big. goldman sachs is not just big. it's also complex and cross border. the resolution authority in dodd-frank and there's a lot of confusion. i find there's no confusion at all. there is a considerable degree of misrepresentation. can i see that without it being defamation were is the borderline? there is a great deal of wishful thinking. to be very, very clear. the resolution al
united states. that is a special niche. treasury, to my understanding, wanted to bail them out and the secretary said no and it didn't happen. see i.t. went bankrupt and restructured its debt. no one i've talked to, i said everyone if you know the country tell me now or after words, i have not found anyone, any evidence that the failure of the cit group destructive markets damaged the customers. nothing. cit group had a balance sheet of $80 billion. the largest financial institutions we let...
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Oct 6, 2011
10/11
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FOXNEWSW
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united states. and so they're buying treasuries.e see that treasuries are extraordinarily low, and the, you know, the gse bonds that are driving mortgage rates are tracking those treasuries to levels that are, you know, as low as we've ever seen. jenna: and low rates sometimes encourage people to get into the market because you can borrow money cheaply. what do you think this low mortgage rate really means for the housing recovery overall? >> regrettably, jenna, i don't think it means a lot. if we look at the last couple of years, what's very clear is that mortgage rates have been if not at their historic lows, they've certainly been in the range of their historic lows. but credit standards remain tight which on one hand means that although the financing is very affordable, if you can qualify for the mortgage to actually be able to meet the qualification criteria can be difficult, particularly for younger households which are a dreier driver of new demand, making the transition from renting o ownership. the other thing i think we se
united states. and so they're buying treasuries.e see that treasuries are extraordinarily low, and the, you know, the gse bonds that are driving mortgage rates are tracking those treasuries to levels that are, you know, as low as we've ever seen. jenna: and low rates sometimes encourage people to get into the market because you can borrow money cheaply. what do you think this low mortgage rate really means for the housing recovery overall? >> regrettably, jenna, i don't think it means a...
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Oct 4, 2011
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the treasury secretary of the united states opening up to our own newest anchor, erin burnett, aboutprofesses on fees while many americans are hurting and the country singer hank williams jr. is apologizing after mentioning president obama and adolf hitler in the same breath. there's only one bottle left ! i've got to tell susie ! the vending machine on elm is almost empty. i'm on it, boss. new pony ? sorry ! we are open for business. let's reroute greg to fresno. growing businesses use machine-to-machine technology from verizon wireless. susie ! the vending machine... already filled. cool bike. because the business with the best technology rules. today i own 165 wendy's restaurants. and i get my financing from ge capital. but i also get stuff that goes way beyond banking. we not only lend people money, we help them save it. [ junior ] ge engineers found ways to cut my energy use. [ cheryl ] more efficient lighting helps junior stay open later... [ junior ] and serve more customers. so you're not just getting financial capital... [ cheryl ] you're also getting human capital. not just
the treasury secretary of the united states opening up to our own newest anchor, erin burnett, aboutprofesses on fees while many americans are hurting and the country singer hank williams jr. is apologizing after mentioning president obama and adolf hitler in the same breath. there's only one bottle left ! i've got to tell susie ! the vending machine on elm is almost empty. i'm on it, boss. new pony ? sorry ! we are open for business. let's reroute greg to fresno. growing businesses use...
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Oct 9, 2011
10/11
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about the evolution in some of the cartel's activities here in the united states wouldn't it be helpful if the department of the treasury, all of the agencies, a whole of government approach, don't you think there woul be helpful in completing your task? chairman, we do that now. we leverage every department in the u.s. government as we cross a number of different agencies and target their leadership here in the united states and other countries. so as we'll get the money flow for example and the movement of the drug lords back and forth and the movement to other countries it s across and many different departments and agencies impacting those organizations. -- you've got everything that you need. >> i think the authorities that we have for sufficient to tackle and bale the mexico organized-crime. >> how to battle insurgency? >> as said, chairman, i believe our titl21 of 40 is that we have on the federal narcotics statutes are sufficient to target the cartel. it's in their leadership. i think this gets back to the point of the definition of y it's important to define what it is we are challenging. most peple recognize t
about the evolution in some of the cartel's activities here in the united states wouldn't it be helpful if the department of the treasury, all of the agencies, a whole of government approach, don't you think there woul be helpful in completing your task? chairman, we do that now. we leverage every department in the u.s. government as we cross a number of different agencies and target their leadership here in the united states and other countries. so as we'll get the money flow for example and...
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Oct 3, 2011
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times where world without the united states, openly, according to the treasury department has been ina multiyear alliance with al qaeda. one or two lines do not a single initiative about how the united states is going to actually deal with this issue. almost the same for egypt, and egypt whose fate pee during on the balance between radical extremism, economic collapse and perhaps the potential for some kind of stability and orderly transition to a democratic transition. couldn't find anything. virtually anything meaningful in any of the speech is much less the american presidents speech about what the international community is going to do. to try to ensure that soft landing in egypt that is so absolutely critical to american national interest. same thing for how we are going to stop the syrian regime, at every moment that assembly was meeting, brutally massacring hundreds, thousands of its own citizens. how are we going to stop that civil war in syria? i couldn't find anything meaningful in the united nations declaration. four months ago president obama gave a speech, speech at least
times where world without the united states, openly, according to the treasury department has been ina multiyear alliance with al qaeda. one or two lines do not a single initiative about how the united states is going to actually deal with this issue. almost the same for egypt, and egypt whose fate pee during on the balance between radical extremism, economic collapse and perhaps the potential for some kind of stability and orderly transition to a democratic transition. couldn't find anything....
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Oct 20, 2011
10/11
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united states has frozen libyan assets. what's going to happen to this money? >> right now, the u.s. treasurys. they have already released about $700 million of that to libya's national transitional council with a u.n.'s approval. it's important to note the u.s. is holding this money, but does not control it. it has to release the funds back to the libyan government when they request it and a spokeswoman says they are working to do just that. but $37 billion of gadhafi's assets frozen in the united states. >> tracking all that money elsewhere though is a lot more difficult, isn't it? >> that's right. getting an accurate account of it is near impossible. analysts estimate the regime had as much as $150 billion around the world. from one financial statement obtained by the state owned libyan investment authority, global witness got that statement this summer. global witness says gadhafi and his family have strong connections with that government investment group. now, according to that statement, the authority had nearly $20 billion in deposits in major banks all over the world including goldma
united states has frozen libyan assets. what's going to happen to this money? >> right now, the u.s. treasurys. they have already released about $700 million of that to libya's national transitional council with a u.n.'s approval. it's important to note the u.s. is holding this money, but does not control it. it has to release the funds back to the libyan government when they request it and a spokeswoman says they are working to do just that. but $37 billion of gadhafi's assets frozen in...
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Oct 13, 2011
10/11
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FOXNEWSW
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united states government feels the effects. we are told the federal reserve and u.s. treasury along with emergency services are just some of the agencies that rely on blackberries to get things done. all users should be getting e-mails tonight. all customers are getting one message straight from the c.e.o. >> it has been my goal to provide reliable real time communications around the world. we did not deliver on that this week, even close. i apologize for the outage this week. >> shepard: thposting an apoloy on youtube. the stock is in a tailspin. jonathan hunt is with us. the services suppose to be back up and running and the c.e.o. jumping to any microphone to say i'm sorry. >> all too little too late in the eyes of users. the c.e.o. acknowledged that the company will have to work real hard to undo the damage. listen. >> for those affected i know this is very frustrating. we are doing everything in our power to restore regular service levels and working tirelessly to restore your trust in us. >> with the problem actually fixed they are turning their attention now to compensa
united states government feels the effects. we are told the federal reserve and u.s. treasury along with emergency services are just some of the agencies that rely on blackberries to get things done. all users should be getting e-mails tonight. all customers are getting one message straight from the c.e.o. >> it has been my goal to provide reliable real time communications around the world. we did not deliver on that this week, even close. i apologize for the outage this week. >>...
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Oct 5, 2011
10/11
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when i first asked the treasury of the united states to label and conclude that china is a currency manipulator, months, even years ago, there was an opportunity to take the kind of action that this measure would readily lead it to do. and it must do it now. this bill provides consequences for countries that fail to adopt appropriate policies to eliminate currency misalignment and includes tools to address the impact of currency misalignment on american manufacturers. including the use of counterveiling duty law to impose tariffs on imports benefiting from government subsidies. very simply, it provides tools that the american government can and should use when there are misalignments of currency that result from government policy, and it eliminates some of the barriers that now exist in our current law to the american government taking action to protect american businesses. it is a good measure, a commonsense step toward fairness a understand a level playing field for american businesses -- and a level flag field for american businesses, and it means that we would protect ourselves as we have a
when i first asked the treasury of the united states to label and conclude that china is a currency manipulator, months, even years ago, there was an opportunity to take the kind of action that this measure would readily lead it to do. and it must do it now. this bill provides consequences for countries that fail to adopt appropriate policies to eliminate currency misalignment and includes tools to address the impact of currency misalignment on american manufacturers. including the use of...
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Oct 27, 2011
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treasury department officials have been saying, resolving the crisis is critical for the united states. >> we have investment ties and it matters greatly for american jobs. >> reporter: there are still a lot of details that are not clear but it has pushed futures higher this morning and they are going to be testifying about it again today on capitol hill. reporting live allison burns ktvu channel 2 news. >>> a tsa agent at the liberty airport is no longer screening bags after leaving an inappropriate bag inside a passenger's suitcase. a feminist blogger and lawyer found this note when she unpacked her luggage. it said get your freak on and that message was referring to a personal device found in her luggage. they took disciplinary action against that employee. >>> he will release a proposal by the end of the year to save the system. he voted against tuition increases at both california and the california university assistance. he said without of the box thinking theres a way to keep college affordable even in tight budget times. >>> the san francisco ash much diocese -- archdiocese wil
treasury department officials have been saying, resolving the crisis is critical for the united states. >> we have investment ties and it matters greatly for american jobs. >> reporter: there are still a lot of details that are not clear but it has pushed futures higher this morning and they are going to be testifying about it again today on capitol hill. reporting live allison burns ktvu channel 2 news. >>> a tsa agent at the liberty airport is no longer screening bags...
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Oct 22, 2011
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united states. that is a special niche. treasury, to my understanding, wanted to bail them out and the secretary said no and it didn't happen. see i.t. went bankrupt and restructured its debt. no one i've talked to, i said everyone if you know the country tell me now or after words, i have not found anyone, any evidence that the failure of the cit group destructive markets damaged the customers. nothing. cit group had a balance sheet of $80 billion. the largest financial institutions we let fail without any kind of bailout since the collapse of lehman brothers. 80 billion can fail. 900, 800 billion you just said couldn't fail. why? because goldman sachs is big. goldman sachs is not just big. it's also complex and cross border. the resolution authority in dodd-frank and there's a lot of confusion. i find there's no confusion at all. there is a considerable degree of misrepresentation. can i see that without it being defamation were is the borderline? there is a great deal of wishful thinking. to be very, very clear. the resolution al
united states. that is a special niche. treasury, to my understanding, wanted to bail them out and the secretary said no and it didn't happen. see i.t. went bankrupt and restructured its debt. no one i've talked to, i said everyone if you know the country tell me now or after words, i have not found anyone, any evidence that the failure of the cit group destructive markets damaged the customers. nothing. cit group had a balance sheet of $80 billion. the largest financial institutions we let...
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one pm in moscow i'm at treasury good to have you with us here on r t our top story the banker backlash in the united states is spreading with major rallies now held in washington los angeles and other several large cities thousands joined expressing their anger at economic inequalities and high unemployment demonstrations started last month when protesters started pitching tents in front of the new york stock exchange under the banner occupy wall street earlier this week heavy handed police were film using batons and pepper spray to disperse the crowds the aftermath of years of financial strife are causing people's patience to run out and they say they're angry at the banks for triggering it all in the first place one journalist who joined the campaign says the protesters will not stop demanding social and economic justice. the police did receive what is it four point three million dollars from j.p. morgan chase just a couple days ago to help secure downtown manhattan and they're really hurting themselves and their image and they're showing what oppressive force there is to people who are just trying to pe
one pm in moscow i'm at treasury good to have you with us here on r t our top story the banker backlash in the united states is spreading with major rallies now held in washington los angeles and other several large cities thousands joined expressing their anger at economic inequalities and high unemployment demonstrations started last month when protesters started pitching tents in front of the new york stock exchange under the banner occupy wall street earlier this week heavy handed police...
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Oct 12, 2011
10/11
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. >> reporter: the united states and the obama administration are treating this as a very big deal. immediately, the treasury department came out and said that it was sanctioning five top people who they say allegedly were connected with this plat. four of them being senior officials, they say, in the qods force. that is a part of the revolutionary guard. and it is that group, the u.s. alleges, that actually was behind this terror plot. also, secretary of state hillary clinton talking with the allies, urging them to send a strong message to iran. here is what she said. >> it was a terrific achievement by our law enforcement and intelligence communities, and we will be consulting with our friends and partners around the world about how we can send a very strong message that this kind of action which violates international norms must be ended and other yashs where we can cooperate more closely in order to send a strong message to iran and further isolate it from the international community will also be considered. >> reporter: u.s. officials also allege that there was another subplot, not very well worked out,
. >> reporter: the united states and the obama administration are treating this as a very big deal. immediately, the treasury department came out and said that it was sanctioning five top people who they say allegedly were connected with this plat. four of them being senior officials, they say, in the qods force. that is a part of the revolutionary guard. and it is that group, the u.s. alleges, that actually was behind this terror plot. also, secretary of state hillary clinton talking...
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Oct 13, 2011
10/11
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. >>> the united states is urging other countries to cut ties for iran after a terror plot. the treasuryanctions against the force. they describe a money sale starting within that iranian organization. but former homeland security secretary tom ridge says think bigger. >> it's a monstrously thing to think that someone that in the force would be operating unilaterally independent either of the ayatollah himself or am an din jad. quite clearly that, is a force under the control of the hierarchy of the mullahs within our i iran. i can't meth that anybody's been authorized to operate independently of that leadership. >> senator joe lieberman sells cnn a military response should be considered saying this kind of behavior by iran cannot go unresponded to. the president as commander in chief, our allies, including the saudis who are the target here, have a lot of option that's are both overt and covert and in my opinion there has to be a response. that from senator joe lieberman. >>> a senate hearing today will take place and they'll discussion current sanctions against iran. >>> a major surpri
. >>> the united states is urging other countries to cut ties for iran after a terror plot. the treasuryanctions against the force. they describe a money sale starting within that iranian organization. but former homeland security secretary tom ridge says think bigger. >> it's a monstrously thing to think that someone that in the force would be operating unilaterally independent either of the ayatollah himself or am an din jad. quite clearly that, is a force under the control of...