i want to thank representative walz on this legislation.ave been in the national guard for more than six years. earlier, you use language that he does not want to prohibit his colleagues on their rights. i know all little bit about giving up rights for service. could you use different language -- what is wrong with congress suspending their rights to trade during the time of their service? i don't think anything is wrong with that. guest: thank you for your service. i know how viable you are to the country -- i know all the valuable you are to the country. a complaint i get is, that is easy for you to get. i'm middle class. i'm trying my best. i have some savings. i agree with joseph on this. i think you give up. the right of the public to see my records, that is their right. i think to do that is part of showing that trust. we get back to politics that say i disagree with your position by believe that your honorable and try to do the right thing. i don't think there's anything wrong with that. this piece of legislation was the bare minimum

you are on line with congressman tim walz. caller: i think it's sad when the congress has to legislate honesty. that should be a prerequisite when you folks get there. i recall the dodd-frank bill, mr. dodd had a sweetheart deal from countrywide mortgage. there he is legislating rules for these mortgage rules and countrywide is giving him a sweetheart deal. a big loan for practically no interest, and also i think it was conrad also got a sweetheart deal from countrywide. now, you know, you folks will legislate this but you'll leave a loophole that you can drive a truck through, i guarantee it. guest: carl, your skepticism is well placed. if i were you i would be skeptical too. the thing i would tell you, carl, i do believe the vast majority of us that get here -- i'm a retired sergeant major in the army national guard and i am a school teacher and football coach. i tried to live my life right. i wouldn't claim to be perfect. i didn't have investments. i don't do that. my goal here is to try and make legislation that improves t

we decided to put this up because it shows a different side to occupy walz it.before i went, i thought these people were violent. that is what osama on the news. these people are horrible. -- that is what i saw on the news. these people are horrible. when i went there, these people were so kind. they were not violent at all. it was the police who with the aggressive ones. they were the ones instigating the violence. kahlo -- although that does not follow the narrative of the people who read our website would like to hear, it was something that was happening. these people are not as violent as people are making them out to be. they are quite kind. it is interesting that the guy says, let's put this on facebook. it shows that with this new internet world, one voice, my voice, anyone's voice can be just as loud as "the new york times." you can put the video on the internet. it is distributed globally. >> what had happened to you? you are in the middle of it. you are on the ground. how did that happen? who was pushing you down? >> the police officer. my camera girl

but as good as you heard the story as many times nobody can tell what about david floyd and sergeant walz and the way that i can because those are my guys read steve equine did you leave the rangers? savitt i got out of the military in the 90's, picked up the guitar and started doing music full-time and that's where not to read this book think is a new thing for me. >> why are you writing this down in 2011? >> it's a good question. i get the chance to tell the story to a ton of people and the more people you can reach i feel like the more chance you have to make a difference with leadership and i started doing so than even some thought why haven't you written this story of so i was number and they said to be to write this so we wrote it and it was as simple as somebody saying yes. when the publisher was like we would love to put out we went really in the was that simple and all of a sudden you have this book that we're on tv, we are in wal-mart. come on when something is in wal-mart you know something's happening. >> what is this about music and the guitar? >> i work in nashville on count

walz i appreciate your passion. i want to run for what is included or not included in the legislation. i know we have a $1,000 trigger for the reporting burden is that $1,000 per trade or is that a threshold amount? if i do to "$950 trades, -- if i do two 900 to develop trade, do i have to report? >> it is portrayed them so i could trade $50,000 in a stock if i kept every trade under $900, is that right? ok, that is one of my concerns. i think the leadership here is fantastic. >> this goes back to our reporting requirements of those zones which are silly but we do them for ease. your argument as well put it. >> i think the american people want sunshine. i think we should let that light shine into every corner. i appreciate your willingness to say that it might not be perfect in your open to suggestions. is there a reason why we picked $1,000? >> it was the same reason we did -- we do this zones on the reporting requirement is to ease the paperwork on this. we understand if we went to the pure 48 hours that ceo's hav

we have on the line with us brian walz, a full-time employee at virginia tech.er in the athletic department. brian, can you tell us what you are seeing there on campus, any sign of injuries or shooting victims? >> no, i'm not really seeing anything right now. we're on lockdown so i'm in my office in the department here. >> have -- did you go outside at all? were you able to see anything before the lockdown? >> i did. i was in the studio and heard probably between 10 and 15 different sirens go by and just out of curiosity i walk outside and saw big -- large group of officers gathered and some other people from the department here in the parking lot just looking to see what was going on, wasn't sure if it was a traffic accident or something. then i ended up seeing an individual on the ground being attempted -- rescue workers attempting resuscitation. then the alarm, the campus al m alarm, i alert alarm went off and i just got back to the building as quickly as i could. >> we are getting some reports via twitter, through the official university website saying a pol

>> walz. >> faults. -- false. >> ignore the will of the majority of the commission? >> i have never ignored the will of the majority. >> interacted with us with such disrespect that the commission does not function as it should it? >> i am passionate about safety. i engage my colleagues in discussions about safety. that has been my style. >> in other words, they are all wrong. you are exactly right. >> i have listened very carefully to the concerns of my colleagues. >> and you have done nothing wrong? >> i have listened very carefully to the concerns of my colleagues. i am interested in continuing the dialogue with them. to better understand how we are not communicating effectively. >> let me continue. my time is short. it does not seem like any concern. -- any sort of repentance or concern for this. but you telling me, the office of the inspector general did a report, page 44, a portion of a sentence, "he provided three of the four commissioners with varying amounts of information." would you disagree? >> the inspector general found that my actions were consistent w

cable satellite corp. 2011] >> on tomorrow's "washington journal, " we will talk with congressman tim walz, who is sponsoring legislation that would ban insider-trading. then republican senator jerry moran of kansas will discuss why he is opposed to recent proposals to extend -- new research on behavioral tax cuts. "washington journal, -- every morning at 7:00 a.m. eastern. the house and senate homeland security commissions will hold a joint hearing. the discussion will include the shootings at fort hood. live coverage at 9:30 a.m. eastern on c-span3. >> gop presidential candidate mitt romney was endorsed by former vice president dan quayle in arizona today. that is next on c-span. then president obama in kansas talks about jobs and the economy. later, remarks from the palestinian liberation organization's representative to the u.s.. >> pay a dollar now for your labor, have no health care. that is the most expensive single element. have no pollution controls and no retirement, and you don't care about anything but making money. there will be a giant sucking sound going south. >> ross perot

because, as i say, congressman walz has worked very hard on this. i think all of us agree, as you just indicated, that no member of congress ought to be using insider information to trade in the stock market to disadvantage, obviously, others who are trading in the stock market. so i thank the gentleman for his comment and look forward to working with you and -- with him and in closing i hope we can reach bipartisan agreement on so many pieces of major legislation that we need to pass prior to leaving. i will tell the gentleman, and i hope his side agrees, my side will not want to adjourn, nor will it support adjournment until such time as we act on the unemployment insurance and the middle class tax cuts and i appreciate the gentleman's -- does the gentleman -- i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia rise? mr. cantor: mr. speaker, i ask unanimous consent that when the house adjourns today it adjourn to meet at 11:00 a.m. tomorrow and further when the

legislation that was first introduced in the house by congresswoman louise slaughter and congressman tim walz someone to thank them for their long-standing commitment to this issue and advocacy they also want to recognize my colleague, senator scott brown for requesting today's hearing and for his very strong work on this issue as well. our bill which has received the support of at least seven good government groups have basic important principles first. it says members of congress, their families, their staff should be barred from buying and selling securities on the basis of knowledge gained through the congressional service or from using that knowledge to tip off anyone else. the ncc, cftc must be empowered to investigate these cases. to provide additional teeth, such acts should also be in violation of congress is own rules. to make clear, the activities not only illegal but appropriate for them as a congress that members should also be required to disclose the major transactions of $1000 or more within 90 days providing dramatically improved oversight and accountability from the current

because, as i say, congressman walz has worked very hard on this. i think all of us agree, as you just indicated, that no member of congress ought to be using insider information to trade in the stock market to disadvantage, obviously, others who are trading in the stock market. so i thank the gentleman for his comment and look forward to working with you and -- with him and in closing i hope we can reach bipartisan agreement on so many pieces of major legislation that we need to pass prior to leaving. i will tell the gentleman, and i hope his side agrees, my side will not want to adjourn, nor will it support adjournment until such time as we act on the unemployment insurance and the middle class tax cuts and i