unquote.hese hundreds of thousands of businesses, many of them small businesses, had absolutely nothing to do with the last crisis. yet, with this new bureau, i believe they'll be punished, or at a minimum tied up in red tape. now there are many pieces of this that i could spend a lot of time on the floor about, but what i've tried to do today is to just encapsulate my thoughts into five areas, five concerns, if you will. the first area is the unlimited rule making authority provided for in this legislation. because the term -- quote -- "abusive" was added to the unfair and stkaoep alternative acts -- and deceptive acts or standards, there is no limit to the kind of rules this new bureau can write. we also know the term "abusive" is entirely subjective. so how do you determine abusive? well, you make each customer take a financial literacy test? is abusive different for mike johanns than it is the next customer? because abusive can be defined so differently from one customer to the next, you c

committed leadership in china, that reallo wanted to try to bring either on these two regimes quote unquote to heal, really put the screws to these regimes in the order, in the quest for nonproliferation policy. would that really succeed? if the answer is no, should they u.s. back off? is yes, thentwer should the u.s. pursue some kina of a policy that makes thesewers regimes whether iran or northind korea, more dependent on beijing so that beijing can no longer claim as it has in the past we o don't have the leverage. in other words, should the u.s.o pursue a variant of the 1950snoe strategy that we had toured thee soviet union and china? the open up slightly to moscow, put tons of pressure on beijing, and pressure beijing into becoming more dependent on moscow so thag the noise of the soviets and create dissension in that relationship, and yet at the sot same time create leverage that beijing could then effectively at some point in the future, as i'll be recognized, be called bg upon to use by a future or current american administratione that could then compel beijing to recognize that log

. >> reporter: it has been alleged that global warming, climate change, is a quote unquote hoax thathere's a conspiracy among scientists to sell us a bill of goods. how do you respond to that? >> it's nonsense. scientists are hyper competitive the idea that you could fool all of these people or get them to just buy into some global conspiracy is laughable. >> reporter: it may be laughable, but one person who is not laughing is a climate scientist we spoke to, who did not want to go on camera. he's had a dead animal dumped at his doorstep and received so many death threats that he frequently traveled with bodyguards. >>> coming up next, a much lighter story. it is a landmark night in tv. the end of "lost." and these guys have found a rather extreme way to celebrate. a heart attack at 57. that was a rough time. my doctor told me i should've been doing more for my high cholesterol. ♪ you should've listened. you're right. now i'm eating healthier and i trust my heart to lipitor. [ male announcer ] when diet and exercise are not enough, adding lipitor may help. lipitor is fda approved to

unquote.after thursdays plunge, i am aafraid my questions have been answered. instead of providing fair and orderly markets as some market makers are obligated to do, some of those unregulated players may have added to the chaos while others simply unplugged their computers and suspended operations reducing liquidity when the market needed it the very most. here's another related question: was there manipulation involved in thursday? more to the point does the s.e.c. even have the ability to detect illegal manipulation by high-frequency algorithms? well, we know the s.e.c. doesn't have the data it needs. i've already talked about that. the large trader rule hopefully will fix sol of that at some future date. hopefully sooner before later. there's also a questions of whether the s.e.c. has the internal analytical ability to police activities? i know this is something they want to do. we should help them get it as soon as pofnlt i have been suggesting that once the s.e.c. collects the data, it s

pointing out as that chart does that the quote, solution, unquote, has, in fact, made things worse. here we are with the nation being promise add little over a year ago that if we spent hundreds of billions of dollars in an earth effort to try to get the nation back moving from an economic standpoint and wouldn't see an unemployment rate of 8%. that's the amount -- mr. akin: we won't pass it 8%. mr. price: 9.7% and has been higher than that. the take-home message is what they're doing doesn't work. i told a fellow the other day, i said they are thinking about doing a new jobs bill. they tried millions and then they tried billions. i guess we are going to move to gazillions. mr. akin: we are working on trillions. mr. price: it's money that we don't have and that's trubling for american people because the policies that have been put in place not only don't work but destruction to job creation, which is frustrating to those of us on our side of the aisle because if you follow american principles can create jobs. what does that mean? . it means spending less. you got a great chart right

do conservatives believe that the state, quote-unquote, the state is by nature prior though individual? that's what aristotle, who is arguably the first conservative in history, said that, the state is by nature prior to the individual. it that conservativism or is john lock closer to conservativism in post lating that the individual comes before society and the state. was edmund burke closer to the essence of conservativism when he said that society is a transgenerational spiritual contract that unites the living, the dead, and those not yet born? was burke's vision of this transcendent social connection the essence of conservativism? or was margaret thatcher close are to the truth when she said, there's no such thing as society. which is it? we go down the line. again and again there seems to be a fundamental dilemma in conservative thoughts. in some respects it's a divide between the classical liberal version of conservativism and the orlando conservativism of aristotle and the natural law order. it's a real powerful dilemma that conservativism faced. and ultimately what is a dilemm

will then impose individual, tougher sangs, and those are the sanctions that would be the quote, unquote, cripple sanctions that clinton said last year. >> secretary of state clinton used that "with all due respect to my friends" it seems the u.s. was not happy with that agreement. >> that's right. and neither were the chinese or the russians, to be frank. this agreement was negotiated over the weekend and through yesterday, and they essentially regarded what the turks and the brazilians did as a side show. not something serious, and not something that anyone could take to the bank, but it does complicate matters because we have the turkish president and the president in tea in tehran. and you have susan rice saying brazil will not engage in this resolution. that raises the possibility that you will actually end up with some no votes when they try to press forward with this resolution. and that hasn't happened before on a sanctions resolution regarding iran. and it is very important to show international unanimit unity as they try to go from here. >> is it clear how clear how strong thei

he says the new law carriers a great amount of risk when core values we care about are breached, unquote, but the part that is in there is so important to us in the united states, and that is that there is, quote, a great amount of risk when core values that we all care about are breached. now, i grew up with my mother and dad telling me if i ever have an emergency, if i'm ever in trouble, look for someone in uniform, because i can trust them. that's the way i grew up in mount pleasant, texas, and that's the way i have taught our three girls growing up their whole lives, growing up in tyler, texas, that if there's a problem, even if you are worried you might have done something wrong, you go to somebody in uniform, you can trust them. . i've taught them toe the same thing, if somebody were kidnapped no matter what the note says or whatever, you call the f.b.i. and you can trust them. i know so many f.b.i. agents, you can trust them, i know they would lay down their lives in a second. but what about when we come to the point when the federal law enforcement is ld by their commander in the

but note the subtext in that sentence who are not those, quote-unquote, normal. they need help. here is the concept of service once again. must assist them. preferably privately or if that is not possible, only then through the auspices of the proper level of government. all that in six words. and he meant what he said. as massachusetts lieutenant governor he remarked regarding the state's mental institutions. our party will have no part in a scheme of economy which adds to the misery of the wards of the commonwealth. the sick, the insane and the unfortunate. those too weak to protest. because i know these conditions. i know a republican administration would face an increasing state tax rather than not see them remedied. but calvin coolidge did not raise taxes. and he did not abandon or neglect the wards of the state. just the aoccurred. he lowered taxes again and again while providing needed services. he did this by practicing what he called economy. a stringent attack on government waste and a refusal to fund programs no matter how politically popular that he found to be mere

theirs as individuals and ours as an institution, unquote. and last night, mr. speaker, it came down to our integrity. the integrity of those of us privileged to serve in the people's house. i can't remember too many prouder moments during my time here because at last we have the integrity to do what's right, to support our troops and strengthen our military by repealing the cruel and unamerican don't ask, don't tell policy. i yield back. the speaker pro tempore: mr. mccaul of texas. without objection. the gentleman is recognized for five minutes. mr. mccaul: thank you, mr. speaker. as we go back home to our districts to honor the veterans on memorial day, today i rise to honor a true american hero, corporal jeffrey johnson. third battalion, first marine division. born january 27, 1989 in charleston, south carolina. jeffrey joined the marines in july, 2007. he was killed on may 11, 2010, in the helmond province in afghanistan. where we have seen some of the fiercest fighting in the war as the surge moves forward to victory. he was three weeks into his second dep

the amateurish quote, unquote, characterization that i'm hearing it is a relates to the endeavor is really of no consequence either. look, they tried to get the brooklyn bridge. they tried to flood the hudson river tunnels. the synagogues up in the bronx. destroying the fuel lines at jfk. long island railroad at christmas. it goes on and on. they are coming at new york city fast and furious and in multiple directions. >> i think any major city, pat is, probably on high alert right now. we all have to be alert and careful. i commend the authorities for quick action here and also for citizens from that point forward will keep their eyes open and report anything suspicious. thanks for your insight today. i know you have a ton of experience in this area. nice to see you. >> thank you. >>> back to another threat, that oil slick is getting bigger by the minute with no signs of stopping. and people along the coast from texas to florida bracing for the oil spill's landfall. the sheen on top of the water is already making its way through delicate area for fishing and other outdoor activities. in al

. >> he aimed to be both a writer and an activist who would help on the front lines, unquote. ever since the first human being composed that will devour upon another, our history has been marked by both social conditions and social struggle. by a presumption of caste and class, and its corresponding degradations against our humanity. ever since all that began we have sought and fought for liberation. each subsequent generation confronted by the challenge to acquiesce, to escape, or to resist and change the nature of that imposition. throughout the americas and ever since 1493, our collective history has been so marked by a social psychosis that measures our place in the world according to race, ethnicity and gender. the struggle between how truly human we are and the refusal of another to recognize what we each claim. the active self-assertion of giving voice to our voice, of refusing to accept our conditions, manifests itself in art, and music, and certainly in both the spoken and written word. the poet, the fictional list, the creator of myth and folklore has always been our

thousands of movies and writing about them and examining them in detail may be contributed to my, quote-unquote, expertise in storytelling in a good way. >> the one other thing is that when you undertake a book project like we do, you're going to devote two or three years to it. so you better not just come up with an idea i'm going to do this book because i think i can sell it to the movies 'cause if you hate what you're writing about or you find it boring, it would be two or three lousy years. the thing we have to start with is something we are interested about and a story we want to tell. >> yes, sir. >> good morning. thank you for coming. appreciate it. what event or person inspired you to become writers? like for each one of the panel plus mr. hutton to answer that question. thank you. >> mr. hutton, you should answer it first. i'm sure you've got a good story. >> well, i will tell you, it was walt disney's television show davy crockett starring fez parker. i didn't see the show. i was actually in england at the time but i got the comic book and i read that comic book. it truly -- it sounds

asked pedro, the foreman, about the complete absence of insects he responded by praising the quote unquote very good fumigation. i suppose this is true. it's like good and telling all white except that which is willing to grow lettuce. it was unnerving to me in the field with zero bug life. farmworkers the very fumigation can be very dangerous. admitting that the true figure is likely much higher. as many workers never visit physicians. along with being buggy the field is wet. so instead of firm durkheim sliding around in mud. i can handle this but there is a new challenge. the lettuce is soaked. each time i raise a head of lettuce and trim off the leaves i get a face full of water. within the first hour, my hands, and i believe were completely covered, feel weaker than ever. i'm soon placing letters on the ground and strong to wonder what's wrong with me. i have been doing this almost two months. i just had four days off and i still can't keep up? exhausted but aware the morning break is still 30 minutes away, i make a drastic decision. after checking to make sure pedro is a looking, i fo

as the eu shows the wherewithal to jim's point to deal with this crisis, i think they can quote, unquotethe longer-term picture, though, for a lot of these states is, at best, questionable. >> why? >> you know, to the joke that you just made a second ago about this being the entitlement -- >> that wasn't a joke. not at all. i mean, do you think it's funny? >> i don't think it's funny. >> do you think it's -- there's no validity to the comparison? >> that that's the entitlement state? >> the entitlement state model in europe that you can't spend and spend and spend and spend. and look when you try and take it back from the unions and greece. >> your point, i mean, if the financial crisis was a global earthquake, their building codes were shoddier than ours, right? their economies don't bend and sway the way ours does. >> and to your point also, you know, this is the moment when you, as a sovereign nation, would devalue your currency to sort of let off some of the steam as your economy adjusted to the downturn and, of course, greece can't do that. with a debt to gdp ratio at 125%, it is co

unquote. on the morning of september 16, 2008, there were no other realistic options. congress had provided the federal reserve with the ability to lend to a nonbank, in unusual circumstances, providing the punitive borrower had no other credit resources. if ever there was a situation where the circumstances were exigent and unusual, this was it. and the evidence that a.i.g. had no alternative source of private sector credit was simply indisputable. secretary geithner also outlined some of the key crisis management features. he said that, quote, action was required. the world was watching and the government did not have the luxury of time, period, unquote. he spoke met forically of the federal reserve as a kind of fire station and the decision was to put out the fire before it spread. on september 16, 2008, to pick up the secretary's fire station metaphor, we had several major fires burning. the flames ignited in the u.s. financial system with the conservatorships of fannie and freddie were bu

some writers have labeled the corporate scandals a, quote-unquote hysterical arguing that penalties for failures are not merely low earnings, but prosecutions, huge fines and long prison terms. they may be correct about it causing lawsuits and fines, but their mistaken about prosecution. long prisoner terms are not caused by mere failure, they're caused by serious criminal behavior. a central problem that underlies the current strategies is that despite some high-profile cases, the government has trivialized criminal fraud to the point it is routinely dealt with at the lowest levels, and when large cases are discovered, they're more likely to be pursued civilly and not criminally. a key example, the fbi publicly announced in 2004 that there was the potential for quote-unquote an epidemic of mortgage fraud, yet attorney general michael mukasey created a task force to investigate the root causes likening the problem to, quote-unquote, white collar street crime that could best be handled by individual united states attorneys' offices. the lack of government response after the alarm had sou

a highly intelligent man put it this way, if you can't budget you can't govern, unquote. the man responsible for those words is none other than john spratt, the trattic chairman of the house budget committee. heade that statementour years ago. likewise, four yeers ago now house majority leader steny hoyer said enacting bauget is, quote, the most basic responsibility of governing, unquote. mr. speaker, in the interest of bipartisanship, let me just strongly affirm the sentiments of my democratic colleagues in this case. as we now find ourselves well over a month passed the april 15 deadline with no progress to be swn on the budget, something th has not happened in 35 years, clearly this tax and spend democratic majorit is failing the most basic responsibility of governing and is demonstrating t ability to govern in any responsible way. and, mr. speaker, the american people deserve better. and i yield back. the speaker pro tempore: for what purposeoes the gentlewoman from california seek recognition? >> to address the house for one minute and to revise and extend my remarks

well as mature as the private sector looked towards when you think about what constitutes a quote unquote medical home. so looking at those features, we decided to try to take a step back and say, if we are think about health reform in a very comprehensive context, how can we fully appreciate where we are trying to go, given with what we have. so that gives you -- i want to show you because a lot of people ask me, what were you all thinking in the administration or in the white house when you did what he did and put together the plan that you do. and i will say that a lot of the work that was done in the pocket is the new term to call it, was done well before president obama took the oath of office to elicit emotion by a lot of the researchers and folks that are in this current issue of health affairs. we really want to look at how the private insurance market as it currently existed and the regulation that we had in place as well as how we could enhance primary care access, come together and also complemented by the public sector. we put together as the secretary mentioned very significa

quote him he said kandahar is a typical problem and the campaign in kandahar will be led byovernance, unquote. while it's comfort to know that our troops may not face the gravest possible danger, mr. ruggiero's assessment is very troubling because political and governance problems are exactly the ones that this mission has failed miserably. this campaign is called operation enduring freedom. but the only way we can help the afghan people enjoy enduring freedom is if we help them build durable, sustainable, democratic governing institutions that will thrive long after our military occupation is over. by neglecting that critical task, mr. speaker, we are creating a power vacuum that the taliban and other war lords and strong men are only too eager to fill. if the taliban has proved rei'll -- resilient in mar ja, as they have after we supposedly drove them out a few months ago, imagine how hard it will be to vanquish them completely from kandahar, their spiritual home. we have proven our military muscle. we have shown that we can invade and conquer. but mr. speaker, that can't be the end game. w

>> steve made a great point earlier on your program where he said the mark set in a quote, unquote comfortablescribe to exactly that whole thing. i think it is more technical than anything else. >> right. >> art, if we just had to assess the relative risk here, i just want to say that -- lehman with all those aig, all -- trillions of dollars, far bigger systemic risk than greece or even spain. what do you say, art? >> absolutely. i think we are missing the point. that's absolutely correct. you look at -- greece in terms of the magnitude of a -- its difficulties, global economy, it doesn't show up like an aig or lehman. the thing you have to remember, though, this is important here. this is probably going to be an event where, yes, we are going to spend a few days. i don't necessarily think that market at the top because of the increase of volatility. what it is marking is saying we have gotten to a point we learned how to sell stocks, too. we are not going in any direction higher. this will settle out at some point in time. we created bargains and people are l get back in the marketplace. >> i

who was previously supportive of offshore drilling now said it's, quote, got to be tabled for sure, unquotearzenegger, has withdrawn his support for a plan that would have expanded offshore drill off the coast of california. here's the question, what should u.s. policy come when it comes to offshore oil drilling? go to cnn.com/caffertyfile. post a comment on my blog. when these things happen, they're potentially disastrous and are -- the effects are felt for a very long time. "exxon valdez." but when you look at over the years, the number of wells, the amount of oil we've pumped out of the ground, these things don't come along very often. >> look what three-mile island did for nuclear reactors for 30 years. >> stopped it dead in its tracks and we still haven't gotten it started again. >> jack, thank you. >>> all eyes and hopes are on a giant concrete and steel dome designed to cap the leak from a sunken rig that's spewing some 200,000 gallons of crude each day. cnn's brooke baldwin is on the coast watching it all unfold for us. brooke, what is this containment dome? how does it work? >> rep

are you nypd or fbi, unquote. >>> street demonstrations turned violent in athens today and police respondedthens bank was firebombed. three workers were found dead inside. tens of thousands of greeks were protesting in the streets aimed at saving the nation from bankruptcy. we're back in a moment. [ female announcer ] for extra-dry skin... [ roars ] ...there's lubriderm advanced therapy. and now there's lubriderm advanced therapy spf 30. the only body moisturizer with an spf this high. its nutrients match the same nutrients naturally found in healthy skin... for a great clean feel with the best uva/uvb protection. see you later alligator. advanced therapy spf 30 is here... lubriderm. your moisture, matched. go to lubriderm.com for $2 savings. ♪ [ male announcer ] over the past 50 years, toyota has been proud to be a model of quality car making. but recently, the safety of our cars and trucks has come under question. and at toyota, this is something we don't take lightly. that's why we're making fundamental changes inside our company, to communicate with customers better, and respond to thei

circumstance for me to see what was wrong with all of this was that in 2008 the wall street firms -- quote, unquote -- "wall street "querntioned a net negative of $35 billion; that is, had $35 billion of loss and paid, i believe, $17 billion in bonn uses. i mean, that represents sort of the most egregious exis hes that you can imagine. so i think the question now and the circumstance that exists that i know the senator from connecticut cares a lot about is how do you restore confidence? how do you restore some confidence for the american people going forward? if we don't have confidence, this economy is not going to expand and rebound. i think the answer is you put together a piece of legislation called wall street or financial reform and construct it the right way to try to make certain the things that were done can't be done again, to make certain the kind of economic wreck that occurred cannot happen again. so, my colleague from the banking committee, the chairman of the banking committee, senator dodd, i think he and others have done really quite a good job of putting together a piece of legisl

months, britain have -- some in britain have begun to question this, quote, special relationship, unquote. as is the case of all relationships, the dynamic has evolved awe over time. however, it is clear that our relationship is unique, vitally important and must continue to be nurtured. the united kingdom remains an essential ally a valuable partner and a true friend. all british prime ministers and american presidents have forged effective working relationships in order to confront together the challenges facing the present day. on may 6, just a little while ago, the british people went to the polls. yesterday, we watched the political drama unfold as a coalition agreement was reached between the conservative and liberal democratic parties. the united states con gladge lates and stands ready to foerster a strong relationship with britain's new prime minister, david cameron this post-election period is an opportune moment to reflect on the strong ties that bind our nation, celebrate our friendship and to recommit ourselveses to continued cooperation in the future. much work needs to be d

issues, who, quote, knows the importance of encouraging legitimate international trade and travel, unquote. californians know that alan californ understands the key role of key role u.s. customs and border protection place in securing our borders, keeping american safe,t and protecting u.s. economic interest. this is a very important time for u.s. customs and border. cut protection. prot our nation faces many challengee and threatens the border with illegal immigration, drug smoking, violence in mexico, bo threatening our borderin addiono commuters. in addition to defending our borders, everyday cbp officialsp deal with the enormous task of ensuring the safety and security of trade cargo that enters the u.s., preventing intellectualy d property, and counterfeiting and law.rcing trade laws. we also ensure safe and legitimate travel in and out ofo thef u.s., but so nearly 7000 miles of land bordered with mexico and canada, crosses over 57,000 truck, rail, and sea cargo containers, seize illegal drugs, apprehend criminals andpr inspect cargo for harmful agricultural.te they serve on the front

both candidates have stated they would create good-paying jobs, unquote. what do you consider a decent-living wage? >> i think i consider a decent-living wage, a wage where you can raise your family, you can hopefully work hard, and save your money if you want and spend it however you want, buy a home, buy a car, but i don't think it's for the federal government to determine what your living wage is. i think that's -- [applause] >> see, is the beauty about america is if you want to succeed and work hard, you can achieve anything you want. and that is the spirit of america. that's what we need to preserve. those are the principal that is we need to fight for. not government punishing people because they want to do well. because they want to do better. those things -- those principals do nothing but hurt america. we can do better. i believe we can do better. i believe it is the right of every american to achieve whatever they want to and that's the beauty of this country. >> i'm actually told now this is the final question. mr.critz will have one minute. >>

of all solid knowledge that bp has "confirmed that it will pay for all of these costs and damages, unquote. the believe that we should take the simple step of legislating the effects that would legislate the offer paid by bp to alter the contract with the federal government to put into law their offer to pay off all associated cost with this disaster? jordan as david hayes testified, it is important that we do the right thing. in the heat of the moment of a crisis like this, sometimes decisions are made to have an unintended consequences. and so the administration has taken an approach that the secretary and the department of justice testified yesterday that would look at the liability limitations that are related to the levels of risk associated with it. and so as we work with the members of the congress in fashioning the liability regime in going forward, it is important that we be thoughtful about the different risks and realities. >> thank you for that answer. and secondly, we all want to get to the bottom of this tragedy, and i think we all agree that finger-pointing will not get us t

toyota relied on for its claim that the electronic system had undergone, quote, extensi testing, unquote, involves sample sizes of just one or t vehicles. so, mr. strickland, does toyota's approach strike you as adequate >> the approach, every manufacture has a different approach. the only thing we're concern the about is what happens on the road. >> no, i understand, but you said there was a premarket phase that you required. is the test of one or two cars in the design phase, in your view, sufficient? >> i would have to compare that withther mafactures' testing protocols and i don't have that offhand. but i will definitely get back to you on the record about it. >> sudden unintended acceleration occurs rarely and intermittentill he -- i asked you that. one or two vehicles. further more we learned fail safe mechanisms in toyota vehicles are designed to detect single point, single event faults. in other words, fault that's occur in isolation and effect only one vehicle component. toyota's testing of critical components of the electronic throttle control system reflects th focus in that t

in other words, madam president, this amendment does not take away the quote, unquote, independence of the fed and it does not put monetary policy into the hands of congress. this amendment does not tell the fed when it cut short-term interest rates or when to raise them. it does not do that. it does not tell the fed what banks to lend money to and what banks not to lend money to. it does not tell the fed what foreign central banks they can do business with and which ones it cannot do business with. it does not impose any new regulations on the fed nor does it take any regulatory authority away from the fed. it does none of those things. no matter what anybody coming to the floor may say. madam president, what the opponents of this amendment are doing is equating independence, which we support, with secrecy, which i do not support. at a time when our entire financial system almost collapsed, we cannot let the fed continue to operate in the kind of secrecy that they have operated in for years. the american people have a right to know. you know, madam president, very often we see senator

toyota relied on for its claim that the electronic system had undergone, quote, extensive testing, unquotee sample sizes of just one or two vehicles. so, mr. strickland, does toyota's approach strike you as adequate? >> the approach, every manufacture has a different approach. the only thing we're concern the about is what happensn the road. >> no, i understand, but you said there was a premarket phase that you required. is the test of one or two cars in the design phase, in your view, sufficient? >> i would have to compare that with other manufactures' testing protocols and i don't have that offhand. but i will definitely get back to you on the record about it. >> sudden unintended acceleration occurs rarely and intermittent will he -- i asked you that. one or two vehicles. further more we learned fail safe mechanisms in toyota vehies are designed to detect single point, single event faults. in other words, fault that's occur in isolation and effect only one vehicle component. toyota's testing of critical components of the electronic throttle control system reflects this focus in that the

support of america's veterans, military and their families is and has been above reproach, quote-unquote. above reproach. and so now using this opportunity to try to cast any aspirgs i think is more than unfortunate. i think if i might say so is disgraceful. . there is said something about we are doing something in health care reform on the emotion of the moment. talk about emotions. we had worked on this in our country for decade after decade after decade after decade after decade and more decades. health care reform was an effort in the best american tradition to try to advance what has made this country great and that is acting as a community to meet the needs of individuals, to combine responsibility and community. so let me get back, if you want to go out and talk about repeal, as the gentleman from california has, go and talk to the people who are going to benefit from this bill, go and talk to the kids who are under 26 who are going to receive coverage through this bill, go and talk to the people who otherwise would have their health care rescinded as some entities tried and backe

unquote. if you can't budget, you cannot govern. john spratt, chairman, the democratic chairman of the house budget committee. they're not governing. they're being irresponsible. the american public deserves better. we've been joined tonight also by my good friend from texas, who is -- who has been an individual that has spent many hours, as i have, here on the floor, talking about obamacare bill and about ethics and governing. we are honored to have judge john carter from texas. i yield to you. mr. carter: i thank my friend for yielding. if i was sitting with some of the members of this august body that live -- that are live just a normal life, thoy they ought to be looking at this, folks back home ought to be looking at this thinking, how do you spend all that money without having a budget? then they think about what kind of great deal would bit at my house if i could just say, you know what, kids, mom, i'll tell you what let's do. let's just do whatever makes us happy, let's pick up all the pet projects in the world that we favor

university receiving funds under this bill would be required to maintain a, quote, information policy, unquote, wherein they would have to produce any documents or information that a union requests within 15 days or face the threat of losing federal funding. additionally, it places a bureaucrat at a grant awarding agency, say the national science foundation, in charge of determining whether a union was entitled under state or labor law, local labor law, to the information it requested and whether the university should lose federal dollars because it has not given to the union every bit of information it asked for. should n.s.f. be determining whether a university is fulfilling its obligation under state and local labor laws? i ask that question. also, aloe the -- although the amendment applies to all schools receiving grants under this bill, the bottom line, mr. speaker is that this is a political issue, specific to one university, the university of california, it's my understanding that the university of california has been negotiating a contract with the united auto workers for some time. th

able to pay for the damages because imagine in this particular spill had been done by a -- quote, unquote -- "small company," what would happen? just because they were too small? the risk has been has to be calculated here. what i would also say is i have a problem saying that the administration didn't say $10 billion is not the right figure, by any stretch of the imagination. ite on the contrary. they have said that they're for lifting the liability cap. now, when b.p. makes $5.6 billion in three months, when the top five companies make $25 billion in three months, $10 billion is a drop in the bucket. and, finally, the suggestion that those who are harmed, the fisher mn, the commercial fishermen, the tourism companies and others, urmtly will be in a -- ultimately be in a position to stake claims in court, well, i know my colleague from alaska knows that what happened in the exxon valdez, it took 20 years for claimants to try to get their just response. and some of them fell off the way because they just couldn't keep hanging in there and they lost everything. i don't want americans to h

they got all the data they needed reassembled to start unquote -- to start the negative test number two. >> were you familiar with any changes in the casing program? >> no, sir. that is bp's decision -- the casing. >> but you are the one putting it in the whole, correct? -- the hole, correct? >> that is all the decision -- the design, the program. >> i am aware of that. at any point, is there anyone who mentions the issue -- we are running out of hole, what should we do? or is that only up to bp? >> subtle changes to the casing program would be up to bp. >> thank you. >> mr. ezell, i have a couple questions for you. over the last month, i have been looking at the relationships. my understanding is that operational decision making involved the oim, the company men, and the tool pusher. >> yes, sir, and sometimes even the captain. >> for drilling. >> yes, sir. >> you are the senior tool pusher? >> yes, sir, i am. >> in your testimony, you did not have full visibility of what was going on during that afternoon, did you? >> no, sir, i did not. >> since you did not have full visibility, part

and the directive also orders bp to, quote, detect and delineate the plume, unquote. is bp doing this? >> again, with assistance from the government agencies involved with the monitoring and the sampling programs under unified command or within unified command, i believe that is going on. >> could you please inform the committee in writing of the nature and extent of all sub surface plumes, and do you know whether the dispersant or disperse and thants you are usi harmful to human health, are they known carcinogens? >> i don't know offhand. we will get that back to the committee. >> are you prepared to assume liability of the human effects, not just the oil spilled, but also the disperse and thes ants >> we've said we will honor all legitimate claims related to the impact of the spill. >> do you know, mr. musenewman,t the blowout preventer cost? >> i don't know what we paid for it back in '99 or 2000 when we bought it. >> what's a typical ballpark figure for the collection of redundant blowout preventer devices? >> i believe if we went out and bought one today i think

brought to the floor the stimulus bill of $800 and some billion, that has proven to not be a good quote-unquote investment and has now in fact saddled our kids and their kids with even more debt and send as signal to the global investment community that america may have trouble paying its bills. mr. hoyer: will the gentleman yield? mr. cantor: that's why we are intent on trying to bring forward the you cut proposals to begin changing the culture here in this town in this body, to begin to save taxpayer dollars, not with an emphasis on spending. and i yield. mr. hoyer: i thank the gentleman for yielding and, you know, maybe the public gets tired of this back and forth, but the gentleman talks in ways that indicate that all of a sudden in 2009, january, when president obama took office, somehow the world fell apart. and point of fact, as the gentleman knows, in the last year of the clinton administration we gained $1.9 -- -- 1.9 million new jobs. last year the bush administration, under the policies that the gentleman supported and his party was very enthusiastic about, we lost 3.8 million jobs.

really appreciate the phrase if the book that was released this morning 50 little republics, quote-unquotee what are the strengths and challenges for minnesota may be different in terms of our history, our policies, the challenges and opportunities we face may be different than new mexico or they may be different than west virginia. and so each state has to customize or semi customize its approach to making sure that our states are places where entrepreneurs and innovators want to deploy capital, take risks, start businesses, grow businesses, buy capital equipment, you know, build buildings, conduct research and hopefully commercialize it locally. but in each state, there are some different measurements of challenge and opportunity. i'll share just a few reflections briefly from minnesota's perspective and i will look forward to the discussion more broadly from the job providers and leaders in the room and the governors from a public policy perspective in their state. and first of all, minnesota is a state that prides itself on its quality of life. if you go around my state and ask people,

the "us," quote unquote, bears plenty of responsibility. let me just talk about the "us."it wasn't the us who decided in countrywide, which was the largest single mortgage company in this country, to decide to write liar's loans, to decide to say to people, hey, you want to get some money from us? we're a big old company. we're making a lot of fees. we're paying a lot of money to our executives. and we want you to come to us. in fact, i've got an ad that they ran, countrywide, the biggest mortgage company in the country. here's the ad they said to america: do you have less than perfect credit? do you have late mortgage payments? have you been denied by other lenders? hey, come to us. we've got money for you. are you a bad risk? are you a bad person? you can't pay your bills? come to us. now, it wasn't -- it wasn't the congress that did that, i would say to my friend. this is countrywide mortgage. and, by the way, the guy that ran this organization got off with $200 million. and so, he's now

. >> many others quote unquote signals i was talking or just not market it but look at leverage rationsy risk in those firms that were evident. now, two very quick specific questions, because i want to move onto other commissioners about point in time. one of the things i think were trying to do is try to measure what people saw at different points. so very quickly, and i raised this with secretary paulson on march 16. there was some engagement as you know, between the secretary and fannie, freddie, ofheo, i think fairly to keep him in the marketplace as a private market as totally withdrawn. the only reason i mentioned it is there's a reference, and i don't expect you to know this e-mail, but i'm looking for the bigger picture here, bob steele who was involved in these negotiations a century to keep freddie indicate that i think that the secretary paulson would phrase it. says i was leaned on very hard by bill dudley, to guarantee i do not like that. not have been part of my conversation but i do that that as a significant move way above my pay grade to double the size of u.s. debt. i