Category Archives: ~ my 2cents …

~ my 2cents ..., ~ politics petitions pollution and pop culture

mashup Monday …&some News


The World is watching …

As more and more uprisings and demands for freedom break out all over the Middle East. Unfortunately in some cases a lot of violence against the Protesters …We see the people have not only had enough, they made an independent choice to speak up out, demand freedom, fair wages and an opportunity to vote for those who truly represent them.

To those people I say remember that there is always strength in numbers

People dying for wanting to be heard, for wanting to be participants in their own futures is not new … mothers with children, older men and women and college students are coming out in droves to let the current dictators know it’s time for a change –

I just want people to know that 30 years of rule will be a hard thing to change given the Army and it’s police were paid well to keep the peace. The question for them and other parts of the middle east will be can they give up some of their power and money in exchange for a democratic society?

We see numerous countries and or regions in possible transition, definitely a movement against a dictatorship run by clerics, the military, or those who are in line to have control without a vote. The votes of millions have gone uncounted for decades… the demand to be heard is great but to get the change they need and want, means the fear of authority is not an option… and the possibility of death imminent.

In Iran the supreme leader tried to cut off all connections to the outside world, stated the US meddled in the process to divert responsibility and was definitely willing to use extreme force —other parts of the Middle East are also choosing to crack down starting with shutting access to the social networks. We all know that Mubarak tried to keep the truth from the world by shutting down TV and the social networks but as we, all saw, it was just something that the protesters worked around and obviously were able to beat.

Those of us in countries who have the freedom to express personal opinions, against or for our government, vote freely, have relatively good wages, and live where we want. We all wonder why the police and or military in countries under rulers choose not to rise up against oppression. We ask out loud –why don’t they want personal freedom too … a change from the old ways to a more positive way of life … human rights, a chance for a better economy and a chance to be heard, to participant in the process of life. Unfortunately, reality is that the trickle down financial idea stops at those who help keep the peace whether that is by words and mostly with force.

Iran had a dictator/supreme ruler making threats and a militia shooting/ killing their own for non-violent protest the last time the World watched in horror as people protested against tyranny and of course, the response was shameful to watch. The 18-day effort to topple the dictatorship in

Cairo, Egypt; done with somewhat peaceful protests the demand for freedom was not easy. It took millions to decide that there was strength in numbers; it also could be a road map to how others can achieve such a historic opportunity –for freedom.

The journey toward freedom is sometimes paved with danger

I pray for all those involved in the change they want to believe in and want and if we do have Americans living in places engaging in uprisings for freedom – hope they are safe.

Other News …

**Egypt is a work in progress while other parts of the region protest for freedom

**Obama defends budget priorities

**US state dept starts Farsi twitter feed

**Sony announces new PlayStation smartphone

**Oil prices jump as unrest becomes the norm

**Nintendo hacker gets arrested 

**Boeing unveils intercontinental plane

**Italy alert over Tunisian influx of immigrants

CSPAN …

President’s Budget for Fiscal Year 2012 http://www.whitehouse.gov/omb/budget/Overview

OMB on President”s Budget (Today) http://c-span.com/Events/President-Submits-37T-Budget-for-FY-2012/10737419543-1/

Pres. Obama’s Remarks on the Budget (Today) http://c-span.com/Events/President-Submits-37T-Budget-for-FY-2012/10737419543-2/

~ my 2cents ...

Monday mashup &some News …


did you know …it’s Black History Month

Campaign 2011…

Today, President Obama will meet with the Chamber of Commerce …whom in my opinion helped the Republican Tea Party hold the middle class hostage until they gave the bush bonus giveaway to the rich.

I do not know about anyone else but debates are just a fraction of what i use to make my choice of who to vote for elections. I have been following what the Republicans have been saying and or doing over the months let alone the last few years, gone to YouTube to check out comments, questions and the behavior on the part of these candidates. What stands out for me is that they continue to backtrack, lie and or ignore legitimate questions. They often choose to be interviewed only on one station, usually with the same party line -that is troubling and should give pause to anyone who doesn’t know who they will vote for-words matter, anyone practicing exclusion, targeting minorities and willing to throw fellow Americans under the bus to take back their America-(what does that even mean)? In addition, politicians that are so extreme are not worthy to hold Public office or seat in Congress. These positions of power call for working for “We the People” not some or a select few -they say they want the Government out of our lives yet when it comes to “social issues”; they want to control All Americans by way of privatizing most if not all social programs. If you want less government, why among other things tell women what they can do with their own bodies. The stance on less government is definitely a joke when they pull out that whole family values platform. Republicans are for Profits before the People on steroids. They are into privatizing everything, which will put our democracy at risk from the bottom up -the real world understands that the government works for the people -Cops, Teachers, EMT, and Firefighters! In addition, shame on States that make people pay for such services. It makes you wonder about what these States did with the stimulus money targeted toward government programs. I wonder is there “a dirty little secret” in States that would choose to let your house burn down if you have not paid up your privatized service and let’s be honest if the Republican Tea Party gets back in control that is what will happen. If Republicans repeal replace or eliminate –Social Security and other governmental programs, which is more likely to happen because as of late -they, the Republican Tea Party have not announced an alternative plan. When will Republican Tea Party constituents ask themselves how will going back to the failed spending of 2007 be a good thing, telling people how to live or love and practice discriminatory behavior to folks considered under protected status.

Politicians say, do and offer up resolution or promises that are over the top and because the fight is on to win a seat in Congress or keep your seat, it is obvious it does not mean candidates will give great politics or ideology, but how much money you have to look good and out PR your opponent. I have to say it was nice to see that even with all the money thrown out there by Whitman, Fiorina, angle, O’Donnell and others running for midterm elections. The people were listening, watching and made a decision that these embarrassing women were unqualified to hold public office let alone be described as possible public servants of all the people not just some or a select few. In the en People with or without money can be offensive.

We live in a time when money is speaking excessively loud in the world of Politics, protected by activist judges like some in the Supreme Court. I absolutely believe it is time for all of us to complain and or call them out when one side decides to push the envelope too far right of center instead of the so-called “fair and balanced” news of old. The wonders and need to tweet, FB and or blog about how Republicans have all the cable, major newspapers, magazines and whatnot that dominate the airwaves are offensive. If you listen folks or companies like the Chamber of Commerce, who seems to not only represent right of center Corporate America but pushes business to outsourcing jobs. A guy like Murdoch gives to both sides of an issue and when one side becomes more of a commodity and gets more airtime he feeds it. The NRA supports 58 democrats as well as a whole lot of Republicans because they can make money on both sides of the issue, which is hypocritical and offensive.

Americans cannot do a thing about all the money given up by these corporate giants yet. We can object to the lies coming from Fox, fear mongering and race baiting this station engages in what seems like on a daily basis…even CNN has moved right of center and though that rhetoric has 1st amendment on its side it is still offensive. As a person of colour and as a mom hearing Glenn beck send subliminal nonsense out into the airwaves with actual people choosing to do the wrong thing instead of right -and people get hurt and now worse …that is my prob.

My sense of democracy means total cooperation from both sides of an economic collapse yet the Republican Tea Party has decided they will take all the money you’re handing out but vote no or scale down most if not all legislation as well as throw their own constituents under the bus in order to regain power -that is not democracy.

Other News …

**Packers defeat the Steelers -Superbowl

**Palestinians watch Egypt with a sense of hope

**Huff Post/ AOL deal -for $315million

**Missing Google exec released by authorities after sev days

**Thailand/Camboida still trading military fire…charges over ancient temple

**Cuomo’s budget moving through NY has hit NYC schools

**merger deals causing stocks to climb

**Groupon – epic failure –Superbowl commercial -tasteful comments on the back of what seems like Tibetans

**Justice Thomas‘s wife has decided to try her hand at being a lobbyist …

**Factories are doing well but no new hiring being done

CSPAN …

Senate Ethics Committee appoints special counsel in John Ensign case

http://www.lasvegassun.com/news/2011/feb/01/senate-ethics-committee-appoints-special-counsel-j/

House Republicans move to slash domestic programs

http://news.yahoo.com/s/ap/20110203/ap_on_re_us/us_congress_budget_3

Obama signs nuclear treaty documents Wednesday

http://news.yahoo.com/s/ap/20110202/ap_on_re_us/us_obama_russia_nuclear

Shortly after announcing an overhaul of the nation’s homeland security measures, Janet Napolitano, Secretary of the Department of Homeland Security (DHS), joins C‑SPAN’s Newsmakers to expound on the new approach to prevent terrorist attacks on U.S. soil. http://c-span.com/Events/DHS-Secretary-Janet-Napolitano/10737419403/

**

Egypt will not back to the way it was before protests disrupted the country, President Obama said tonight in a pre-Super Bowl interview. Speaking to Fox News commentator Bill O’Reilly, the President would not say when Egypt’s President Hosni Mubarak would step down http://c-span.com/Events/President-Obama-Egypt-Not-Going-Back/10737419356/ 

Professor Elizabeth Varon teaches a class on fugitive slave laws in the run up to the Civil War at the University of Virginia. Passed in 1850, the Fugitive Slave Act indirectly resulted in the expansion of the Underground Railroad by which slaves could escape from Southern slave-holding states. http://c-span.com/Events/Lectures-in-History-Fugitive-Slave-Laws/10737419325/

~ my 2cents ...

TGIF …thoughts of Egypt &some News


As President Obama visits Penn State to talk on energy he will also reveal his plan to reinvest in the future to a crowd of 3ooo, he will also be holding a news conference 3pmET with Canadian PMinister, which you can watch on CSPAN … if you want to read about the visit to Penn State go to: www.centredaily.com

President Obama visited the Penn State Campus in State College, Pennsylvania and toured labs focused on energy-efficient building solutions. The President then delivered remarks on the importance of investing in innovation and clean energy to put people back to work and grow the economy. http://c-span.com/Events/President-Obama-Remarks-on-Innovation-at-Penn-State/10737419391/

It is Friday night in Egypt, Cairo ….and

The World is now watching …

The marches started in Tunisia; which gave way to Egypt and moved on to cities like Alexandria. As the protests get ramped up the violence has as well but the people of Egypt like Iran have had enough, though this revolt seems to be on a roll to the people getting an opportunity to shape their own democracy, freedoms and human rights. The President appointed a VP announced he will not run for office again yet tells the World he will see his country through until the September elections. The fact is …this just seems like a military man who not only is stubborn but unwilling to listen or do right by his own people. It has been about 11 days later, several hundred injured and at least 15 dead and it gives the viewer the idea that Mubarak would rather see his country be torn up and down than do what is right and save face. The World has been watching the physical crackdown by either Mubarak and or the new VP with orders to harass foreign media, take Cameras, and detain people in the name of safety or something else. Now, it is getting harder and harder to tell the pro-Mubarak people from the pro-democracy protestors, as it is obvious being undercover enables them to do more damage.

Remember … there is always strength in numbers

people dying for wanting to be heard, for wanting to be participants in their own futures is not new … mothers with children, older men and women and college students are coming out in droves to let the current dictators know it’s time for a change

We see a country in possible transition, definitely a movement against a dictatorship who has been President for thirty years; obviously, the votes of millions have gone uncounted. The people of Egypt are demanding to be heard and it is obvious that many know that to get the change they need and want … it means demanding to be heard and fear or fear of authority is not an option… and the possibility of death imminent.

Mubarak and or his new VP have tried to cut off all connections to the outside World, have been diverting responsibility, and obviously willing to use extreme force. The military and the police have let things go so far then they show their might with gun fire; but don’t they want personal freedom too … a change from the old ways to a more positive way of life … human rights, a chance for a better economy and a chance to be heard, to be a real participant in the process of life ….

They have a dictator who will not step down quietly has threatened and is now bringing the pain to his own people for what started out as a non-violent protest and demand for freedom and it is shameful.

The journey toward freedom is sometimes paved with danger

Pray for all those involved and hope Americans are safe

Other News …

** Top Iran leader to Mubarak… you betrayed your people-response is appropriate against his rule

**Tens of thousands still in the square of Cairo as night comes

**Folks all around the country are marking the 100yrs since RonReagan was born

**Monster storm keeps beating down on the East Coast

**Fighting between Cambodia and Thai troops near disputed temple- the Preah Vihear — on the border

**Giffords husband will go on last NASA flight 

**Senate Panel Backs Patent Overhaul Bill

**Report states FBI failed ,Fort Hood shooting

**House Repubs Propose $32Bil Cut in Fed Spending- FYI remember that is less than 1/3 of the $100Bil they promised

**Al-Jazeera’s offices torched during Egypt unrest

**Zimbabwe protesters mob aid project handover

**LA school dist cancels Chef JamieOliver’s reality shoot

**the protests in Egypt cost around $300M per day says their govt

**Dollar climbs as the job rate falls to 9%

CSPAN …

 Journalists discussed the protests in Egypt and looked at the future implications of that uprising at an event hosted by the Center for Strategic & International Studies. Speakers include Bob Schieffer, anchor of the CBS Sunday morning program “Face the Nation,” as well as al Jazeera Arabic’s Washington Bureau Chief and the Chief Pentagon Correspondent for McClathcy Newspapers. http://c-span.com/Events/CSIS-Discussion-on-Political-Unrest-in-Egypt/10737419389/ 

With protests continuing in Egypt, and recent developments in Tunisia, the Obama administration faces a changing landscape in the Middle East. Two human rights experts and a former State Department official discussed the developments at this event hosted by Carnegie Endowment for Int’l Peace. http://c-span.com/Events/Carnegie-Endowment-for-Int39l-Peace-Discussion-on-Political-Unrest-in-Egypt/10737419396/

Senate Homeland Security Committee Chairman Joe Lieberman (I-CT) and Ranking Member Susan Collins (R-ME) spoke to reporters on Capitol Hill about the latest report on the Fort Hood shootings. The report blames the army and the FBI for not doing enough to prevent the 2009 shootings which killed 13 people. http://c-span.com/Events/News-Conference-on-Fort-Hood-Shootings/10737419394/

Iraq U.S. Forces Commander General Lloyd Austin and U.S. Ambassador to Iraq James Jeffrey gave an upbeat assessment on the transition in the country from a military mission to a civilian-led effort at a Senate Armed Services Committee hearing. They appeared before the committee to answer questions about a 2008 agreement between the U.S. and Iraq that calls for all U.S. troops to withdraw from the region by the end of this year. According to a Senate Foreign Relations Committee report released recently, American diplomats and other mission employees may not be safe in Iraq if the U.S. military leaves by the deadline. http://c-span.com/Events/Senate-Armed-Services-Cmte-Hearing-on-Policy-Toward-Iraq/10737419393/

The Senate Budget Committee held a hearing on U.S. economic recovery efforts. This is one of a series of hearings the Committee held on the U.S. economy and the federal budget. President Obama is scheduled to release his federal budget proposal to Congress later this month, which will kick off the budget process for the federal government’s fiscal 2012. Senator Kent Conrad (D-ND) chairs the committee http://c-span.com/Events/Senate-Budget-Cmte-Hearing-on-Economic-Recovery/10737419388/

~ my 2cents ...

Monday mashup &some News -last day of January


As the weather gets just as nasty as the current political rhetoric more and more folks are opting to come out of the wood work and support Eygpt, its working people from all walks of life and some from all over the world.

On the flip side, Americans have seen members of Congress engage in what seems like a lot of overt discrimination, exclusion, and lack of compassion over the last two years. In the middle of all the nasty rhetoric, people spitting on Congress members, carrying racist signs during protests, leaving awful email or voice messages from people who clearly are not only upset but slightly or even more crazy than most some have unfortunately have acted upon their anger. It is clear, at least for me that the right person is in the office of President.

With election season right around the corner and the constant changes going on … We the People need to be even more aware more diligent in making sure our neighbors know the truth about health care reform, climate change, immigration reform and what positive things it will do for ALL Americans.

We are all waiting, watching, listening, and judging not only the behavior of President Obama but comparing and contrasting it from the current rhetoric and behavior coming from the Republican Party. It is obvious for me that they put Party and Profit before the People; folks like Senator John McCain, who called himself a maverick throughout the 2008 campaign, stated he would listen to the military about dadt then did a big flip flop stating he will no longer cooperate with Democratic members of Congress nor the Obama administration. The Republican Party and its leaders have managed to fool the public and side step their responsibility for some if not a substantial amount of the vitriol flung at the public and members of Congress.

In my opinion the night Joe Wilson decided he did not have to respect the place he was sitting, the moment or the office of President let alone President Obama himself, was the beginning of the nasty behavior.

In a time when we should be proud citizens of America to know 53% voted not only the countries first person of colour as President, he has proven to be the one who would rise to the occasion to tackle monumental challenges that others did not seem to want or accept. John McCain stated; our economy was strong though the evidence clearly showed we had been on a path to destruction and whatever Clinton did or said about our economy is just a distant memory. A Political Party, like the Republican Tea Party that keeps choosing Party and Profits over the fate of Americans is truly unacceptable. Republicans had over 8years to do something, anything about health care, climate change, bank regulation, immigration. I will admit I cannot even remember if the house of Bush even managed to allow any debates on those issues. What I do remember is a Bush doctrine that created 2Wars, 2 tax cuts for the rich, a lot of negative rhetoric concerning stem cell research, abortion, lack of a global warming treaty, the appointments of Justices Alito and Roberts, which made a direct impact on the outcome of elections and all our future ones as well. The house of Bush as we all know managed to avoid paygo now Americans suffer from his lack of restraint, forethought. The Republican Party did not look out for All Americans by choice then and here we are a whole new administration and the nonsense just seems to continue though Republicans are not in charge they refuse to let the governing party do just that … govern.

Even after the Arizona tragedy, people who call themselves tea party members, Republicans or whatever seem to be pushing their base in ways that just skims the lines of being against the law. It is offensive and troubling to know some of these people voted into office to be public servants, are now taking advantage of their power, and are practicing exclusion openly. This last week, last month talking heads, and folks on the right keep second-guessing their chances to take over both Chambers in Congress. The public should know or remember that the loss of seats in any election is tough but par for the course, but we must all remember what caused the downfall of our economy, who got us here and why; what could they have done to prevent the crash and didn’t do a damn thing.

my take

Other News …

**go to: cnn.com for the article on …Obama defends health care bill at Families USA conference

*million-man marches are planned in Eygpt

**The NE is in for more bad snow storms …called the monster

**A 129mph cyclone could hit Australia…already suffering from a lot of rain fall

**Huckabee is in Israel…

**Bill Clinton is in Haiti -observing the elections

**California Latinos protest AZ law and pust to end birthright citizenship on Saturday

**One of two sponsors of AZ citizenship bill-Rep.John Kavanagh,a Republican hopes for a lawsuit so it will go to US Supreme Court – also want to strike down the 14th Amendment -go to: cnn.com ;article written by Michael Martinez,cnn

**90% of GOP want tea party to have a say

CSPAN …

American History TV visits the Washington, D.C. home of Frederick Douglass, the ex-slave who wrote the influential “Narrative of the Life of Frederick Douglass,” spoke out for women’s rights, and pressed President Abraham Lincoln for the Emancipation Proclamation. Our tour guide is National Park Service Interpretive Ranger Kamal McClarin. http://c-span.com/Events/American-Artifacts-Frederick-Douglass-House/10737419165/

Agriculture Secretary Tom Vilsack and Health and Human Services Secretary Kathleen Sebelius announced the latest dietary guidelines for Americans at a press conference held at George Washington University. The guidelines, which are updated every five years, aim to reduce the risk of chronic diseases and obesity by encouraging improved nutrition and physical activity.   http://c-span.com/Events/News-Conference-on-Dietary-Guidelines-for-Americans/10737419274/   

With a GDP record,”economy is back” Washington Times

http://www.washingtontimes.com/news/2011/jan/30/with-a-gdp-record-economy-is-back/

White House Launches Startup America Initiative

http://c-span.com/Events/White-House-Launches-Startup-America-Initiative/10737419256/

~ my 2cents ...

TGIF &some News …


Today marks the 25th Anniversary of the Chanllenger Space Shuttle tradgedy with thoughts of the families of our 7 Astronauts.

It has been a couple of days, The President and his SOTU address is all over the air-waves and as talking heads debate, interpret and beat down the ” WintheFuture. “ plan. It was odd to hear that the President’s “WintheFuture” plan was leaked but can imagine that the numerous right of center reporters were excited and ready to write their articles to disapprove of the President’s plan way before he gave the SOTU address let alone “WintheFuture and while Sarah Palin took a swipe at it she also made herself look less than Presidential material.

The Plan, “WintheFuture” did not stray too far away from his original statements in 2009 in my opinion but it did include an obvious roadmap at what needs to get done and how to get it done. The reports are that polls taken after the SOTU were great with Cnn reports 84% felt the SOTU was positive, 52% were very positive and CBS reported that 91% agreed to and liked the President’s proposals.  We the People need to push shove and the most important would be to call our Congress to move “WintheFuture” through so issues like abortion can be dealt with and the Dream Act, education, energy, and climate change can be more than just possible laws but realities. However, the Republican Tea Party managed to waste time for 2 years and continues to in hope for enough negative outcomes, negative responses by tea partiers, comrades and voters trying to make Obama fail in 2012. 

It is entirely possible that Republicans are not reading or listening to the news and or Polls because they definitely are not giving credit and or respect to the American people’s ability to ferret out the slight of hand these folks are engaging in. It is encouraging to see that more and more Americans like the new Health Care Law though if you spoke to Republicans they seem stuck in their midterm election win and not the change of attitude by even their own constituents. It is obvious the HoneyMoon is over but will the Republican Tea Party is it and accept they have gone to far right of center.

 I still feel the house of Bush and Republicans are completely responsible for the state of our economy. Apparently, people like Glenn beck got it; some Conservatives seem to be avoiding or walking away from Bush, stating that big spending big government happened, but if we get back into office, we will not do it again but the fact is they keep saying they want to go back to 2006 so the lesson was obviously not learned. 

 I have been listening to both sides since the midterm election and have heard nothing-different coming out of the mouths of Republicans, Conservatives and or the tea party movement that sounds anything different from the Bush Administration. We the People need to call our Members of Congress and ask; whose side are you on because 53% voted this President in and knew exactly what we were doing but the Republican Tea Party definitely are not listening because it would interupt their move to PRIVATIZE everything. Americans, over half voted for change we can believe in. I for one would love it if the Republican Tea Party stopped holding up our President’s ability to govern, stop being Obstructionists that have now defined who and what Republicans stand for. 

The Democratic Political Party needs to come together… negotiate, support and pass the issues our President campaigned on. We pay Congress to create, make and pass laws. There were a lot of folks left of center who seemed at odds with President Obama before the midterms and threatened to hold their votes hostage if he did not do as they wanted whiched seemed awfully childish to me and the other push was for President Obama to use his pen of power to get things done. In my opinion the push toward getting the President to use Executive Order to get things done is not in our best interest because it would make the law subject to being repealed way too easily. I also feel that having Congress do what we all pay them for is just plain ole common sense.

my take

Other News …

**Tea Parties first caucus recruits about 4 people …those who called themselves tea party members did not show up …hmmmm interesting for constituents to think about

**25th Anniversary ceremony at Kennedy Space Center

**Egyptians defy police and protest

**Rahm’s Mayorial campaign continues

**GDP growth up 3.2% falls short in 4th qtr tho it still is an indication of economic growth

**Nelson Mandela is released from Hospital

**Funeral for Ugandan gay activist,David Kato was held:and FYI: Uganda’s Rolling Stone is reported as having published names of several people saying they were gay with the headline “Hang them”

** Egypt: Nobel Peace Winner is under house arrest

**Seattle, City Officials have backed off from raising parking rates up to 4dollars an hr due to substantial complaints-though free parking is still after 8pm instead of the old 6pm time

**Arizona: a bid to block citizenship for illegal immigrants “anchor babies” -Lawmakers in AZ and some other States are challenging the 14th Amendment … AGAIN

CSPAN …

Press Secretary Robert Gibbs conducts a daily briefing at the White Houss:  http://c-span.com/Events/White-House-Briefing-with-Press-Secretary-Robert-Gibbs/10737419201/

Assistant Secretary for Public Affairs Philip Crowley conducts a daily briefing at the State Department. http://c-span.com/Events/State-Department-Press-Briefing/10737419203/

A number of Senators debated Senate Resolution 10, which would change Senate rules on considering legislation. It would change how filibusters are conducted and require a Senator’s name to be made public if they put a hold on a bill. It would also change rules for offering amendments. http://c-span.com/Events/Senate-Floor-Debate-on-Procedural-Changes/10737419227/

Commander Charles Benson, U.S. Marine Corps psychiatrist, deputy surgeon and director of the Concussion Restoration Care Center at Camp Leatherneck conducted a briefing at the Pentagon on combat stress and concussion care of troops in Afghanistan. http://c-span.com/Events/Defense-Department-Briefing-on-Combat-Stress-amp-Concussion-Care/10737419202/

This morning, the Financial Crisis Inquiry Commission (FCIC) released a report on the causes of the 2008 financial and economic crisis. At the event, the Commission is delivering the results of its inquiry and its conclusions as to the causes of the crisis based on this inquiry. http://c-span.com/Events/FCIC39s-Report-on-Causes-of-2008-Economic-Crisis/10737419171/

CBO:2011-2021 forecast: The agency charged with reviewing congressional budgets unveiled it’s annual economic forecast for the federal government’s 2011 fiscal year. The new estimate predicts the federal deficit will reach almost $1.5 trillion in 2011. Congressional Budget Office (CBO) Director Doug Elmendorf appeared before The Senate Budget Committee today to detail the latest CBO report and participated in a question and answer session with lawmakers.  http://c-span.com/Events/CBO39s-2011-2021-Forecast-Detailed-in-Hearing/10737419170/   

The Senate Armed Services Committee held a hearing to investigate how Boeing and EADS received sensitive information about each other through an Air Force clerical error. Both companies are competing for a $50 billion contract to replace the Air Force’s aging refueling airplanes. The error gave both companies access to each other’s intellectual property which could have serious consequences for the bidding competition. A contract announcement could come as early as February. http://c-span.com/Events/Senate-Armed-Services-Cmte-Hearing-on-KC-X-Competition/10737419204/

At the World Economic Forum in Davos, Switzerland, French President Nicolas Sarkozy defended the euro and said France and Germany would never let the currency fail. He also outlined the economic and financial priorities of the G20. France will chair both the G8 and G20 summits this year.  http://c-span.com/Events/French-Pres-Nicolas-Sarkozy-Remarks-at-World-Economic-Forum/10737419205/