Bishop: "Two Roads" For Energy

By Kayleigh Harvey - Talk Radio News Service

At a press conference today the Republican Study Committee and Western Caucus introduced their alternative energy proposal, The American Energy and Innovation Act.

Congressman Rob Bishop (R-Utah) said there were now “two roads” Americans could chose to tackle energy needs. “The Democrat road is saying it can’t work we are not even going to it, our road is saying we have the ideas now is the time to do it, said Bishop.

Adding that “The Democrats have already given us an option on energy issues that will cost individuals up to $3000...the Republican road we want to go down is one that actually grows our energy supply so that no-one is harmed and in fact we have the chance to reduce the cost of energy.”

Bishop compared the two strategies to the movie ‘Back to the Future’ saying, “Remember those sequels to ‘Back to the Future’ where there were the two worlds? Our world is the one where the McFly family is happy, the Democrat version is the one where Biff runs everything.”


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Fleming: "So Called Paper Mache Jobs - Green Jobs"

By Kayleigh Harvey - Talk Radio News Service

At a press conference today the Republican Study Committee and Western Caucus introduced their alternative energy proposal, The American Energy and Innovation Act.
Congressman John Fleming (R-La.) said our vision “creates a vision for jobs, more jobs, not the so called paper mache jobs the green jobs, but real jobs created by industry.”

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Cost Of Swine Flu "Uncertain"

By Kayleigh Harvey - Talk Radio News Service

At a House Joint Economic Committee Hearing today, Dr. Christina Romer, Chair of the Council for Economic Advisors, was asked by Congressman Vic Snyder (D-Ark.) “How should we view the added uncertainty in the economy both here and abroad that may be created the threat of a major health flu pandemic around the world?” Dr. Romer said the costs at this stage were "uncertain," adding the priority of the administration was to "save lives."

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Pelosi On Interrogation Investigations: "I don’t think there should be total immunity"

By Kayleigh Harvey - Talk Radio News Service

At her weekly press conference, Speaker of the House Nancy Pelosi (D-Calif.) was asked about her opinion on the prosecutions of those who gave orders for interrogations to be carried out. Pelosi said, “I don’t think there should be total immunity, I think it should be a case by case basis maybe there are some cases where immunity is appropriate, maybe there are some cases where it is not. But I don't think that we should just say that everyone who comes into that room takes an immunity bath, just because they showed up that day they have immunity for everything else."

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Hillary Clinton on Forced Abortion

By Kayleigh Harvey - Talk Radio News Service

Secretary of State Hillary Clinton appeared before the House Foreign Affairs Committee today to discuss the foreign policy priorities for the Obama administration. Congressman Bob Inglis (R-S.C.) asked Cinton about abortion asking her views on forced abortion in China. To which Clinton repeated her stance as First Lady stating this was “absolutely unacceptable.”

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Somalia's Piracy Problem

By Michael Ruhl, University of New Mexico – Talk Radio News Service

Correspondent Michael Ruhl reports on the security and humanitarian crisis presently plaguing Somalia. Ruhl interviews Somalia's Ambassador-At-Large to the U.S., Abdi Awaleh Jama, and also speaks with Joel Carny from Refugees International.

Read the full article here

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Did the Treasury consult with the SEC on resolution regime?

By Kayleigh Harvey - Talk Radio News Service

The Senate Banking, Housing and Urban Affairs Committee met for the second time to discuss “Enhancing Investor Protection and the Regulation of Securities Markets.”
At the hearing Senator Dodd asked the Chairman of U.S. Securities and Exchange Commission, Mary Schapiro, “Were you consulted by the Treasury and the Fed, what role do you think the SEC should play in this resolution mechanism, given the oversight and regulatory responsibilities?” Senator Dodd also asked Ms. Schapiro to “comment on the reports of the regulatory changes that Secretary Geithner has mentioned this morning.”


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Schumer: "Something's out of wack with Executive compensation"

By Kayleigh Harvey - Talk Radio News Service

The Senate Banking, Housing and Urban Affairs Committee met for the second time to discuss “Enhancing Investor Protection and the Regulation of Securities Markets.”
At the hearing, Senator Chuck Schumer (D-N.Y.) said, “We all believe people should be rewarded for good performance, that’s not the problem, but what we’ve seen in many instances that has enraged Americans is a heads-eye wind tail you lose system. In which executives are rewarded for flashing the pan short term gains, or even worse, rewarded richly when the company does poorly and the shareholders have been hammered.”
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Scott: "We've got to put a pause button on these bailouts"

By Kayleigh Harvey - Talk Radio News Service

Congressman David Scott (D-GA) made this comment at the House Financial Services Subcommittee Hearing today on "American International Group's Impact on the Global Economy: Before, During and After Federal /intervention.

He added: "As we point fingers here in Congress we've got to recall that there are three fingers pointing back at us. We've got to make sure we are doing our job right."
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Fraud contributed to economic crisis

By Kayleigh Harvey - Talk Radio News Service

This was an answer given by Neil Barofsky, Special Inspector General for the Trouble Assets Relief Program, at a Senate Judiciary Hearing, when asked by Committee Chairman Partrick Leahy (D-Vt), whether or not he thought fraud contributed to the economic crisis.
February 11, 2009.


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"Come on in, fraud is welcome"

By Kayleigh Harvey - Talk Radio News Service

Committee Chairman Senator Patrick Leahy (D-Vt) made this comment in an opening statement to the Senate Judiciary Committee on how he felt banks and private mortgage companies had relaxed their standards for loans.
February 11, 2009.
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The Economy - What went wrong?

Federal Reserve Chairman Ben Bernanke answers questions at the House Financial Serivces Committee about the possible causes of the economic crisis.
February 10, 2009.
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New Federal Reserve Initiatives

By Kayleigh Harvey - Talk Radio News Service

Federal Reserve Chairman Ben Bernanke tells the House Financial Service Committee about two new initiatives to help make the Federal Reserve more transparent.
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Nominee for the Director of CIA talks possible threats

By Kayleigh Harvey - Talk Radio News Service

Leon Panetta, nominee for the Director of the CIA listed a number of potential threats facing America today at his hearing before the Senate Select Intelligence Committee. February 5, 2009.
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Director for CIA nominee calls for cross-party unity

By Kayleigh Harvey - Talk Radio News Service

Leon Panetta, nominee for Director of the CIA called for Republicans and Democrats to work together in tackling security at his hearing before the Senate Select Intelligence Committee today. February 5, 2009.
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Bin Laden a main priority for Director of the CIA nominee

By Kayleigh Harvey - Talk Radio News Service

Senator Olympia Snowe (R-Maine) asks the nominee for the Director of the CIA about his views on Osama Bin Laden and Al Qaeda at his hearing before the Senate Select Intelligence Committee. At his hearing he said that finding Bin Laden would be a "main priority". February 5, 2009.
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Deputy Attorney General nominee talks torture

By Kayleigh Harvey - Talk Radio News Service

Senator Ron Wyden (D-Or), asks Deputy Attorney General nominee David Ogden his opinion on torture at his hearing before the Senate Judiciary Committee hearing today. February 5, 2009.
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Deputy Attorney General nominee asked about death penalty

By Kayleigh Harvey - Talk Radio News Service

Senator Russ Feinfold (D-Wi), asks Deputy Attorney General nominee David Ogden about his stance on the federal death penalty at his hearing before the Senate Judiciary Committee today. February 5, 2009.
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Senator Gordon and Bill Gates Discuss Need to Ensure U.S.' Share of Global Technological Progress

At a House Science and Technology Committee hearing, Microsoft Chairman Bill Gates and Chairman Senator Bart Gordon (D-TN) discussed the benefits of any technological progress for the whole world, but stressed steps needed to maintain the United States' share of that research (0:40)
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Bill Gates : Global Economy is like the Olympics

At a House Science and Technology Committee hearing, Microsoft Chairman Bill Gates stated that American students will compete with foreign students in the global economy regardless of whether they are allowed to study in the U.S. Rejecting foreign students cannot cut out competition (1:08)
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