When the economy goes into recession, some of these programs they are like 1. 75 benefit for every 1 we spend on s. N. A. P. So to block grant this, we are automatical automatically cutting gdp. I dont have much time. Mr. Chairman, i just want to say you dont have any time. Im talking to you now. Im not asking any more questions. The gentle ladys time has expired. Okay. We will now hear from the gentleman from South Carolina for five minutes. I was asking about the process. I think, chairman, a couple observations and a question. One, i was struck by my colleagues conversation from new jersey on Social Security and raising the payroll tax. As we all know, there are unintended consequences and politics is ultimately what drives washington, d. C. As we remember, you know, Social Security was put in place as a social insurance program. If you lift the caps, you really move it to a social Welfare Program. People like to link it between i pay in, therefore i get more over the years. If you
I have been a shoemaker most of my life, a tradesman of the humble class, but now as an old man, i parade around in my colonial clothing as the last remaining participant in the boston tea party. How strange it is to think what i have seen here in boston, how i witnessed a nation board of protest. I was no student of history or politics myself. My entire education consisted only of a modest understanding of reading and writing. I belonged to no associations, participated in no government, but in the years before our war of independence, i became a staunch liberty boy. I was continually reflecting on the sufferings inflicted on the people of boston by the tyranny of great britain, and my mind was excited by a desire to aid in chastising the king. Here, here i sat in this very hall after the bloody massacre in king street in march in 1770, and again with the meetings of the bodies of the people in 1773, when we decided the fate of that tea. [indiscernible] i came into this building a sho
Said that should be a book . Yes. I read up article 10 years ago about how in a very shortly in the early 21st century more households in america will be supported by women and thats a giant flop, i mean a giant change. It made me want to explore what the implications of that might be for many women, for marriag marriages, for children, for love, for courtship and i got a great book out of it. What was the book lacks. It was written by a terrific Washington Post reporter who is now at the new America Foundation in washington. It generated, it landed on the cover of a magazine and it generated a huge conversation about how do we all need to adjust our lives to this economic new reality and is this good . I think we were in the camp of yes, anything that makes couples stronger and live up, live up to their potential is a good thing. One of the authors or pair of authors that you worked with for nancy gibbs and Michael Duffy on a book that booktv covered in our q a program covered it as w
I thought we should express it very matteroffactly. So the book which is called the book of jezebel is not a book thats on the site. Its an encyclopedia of the world according to the of the site. I would say that there is a lot of disillusionment within the entries of that book but i think that the books dna is really the site and its funny to look back. Its been seven years since the site is launched and i think the expression of anger and what we communicated, there are still many reasons to feel frustrated and exasperated and mad but there are also more reasons to feel celebratory afield with regards to gender politics in the United States than there were seven years ago. So i dont feel as disillusioned as i did when i started that site but there will always be there. Its in my dna to be mad. In thinking about it and preparing for today what and i has been talking about, sort of the energy that disillusionment creates or can create it strikes me that is in some ways the lifeblood of
Also on the program, aarons here of course talking about the companies that has wall street salivating. Its the burger joint taking america by storm. And what started as one hot dog cart in new york city 14 years ago is now a global chain, valued at 745 million. So, yeah well take a look at the shake shack shares as they start trading today on the new york stock exchange. Hello. Its 12 00 noon in london, 7 00 a. M. In washington 2 00 p. M. In south africa where the notorious apartheid era death squad leader eugene de kock has been granted parole. Hes been in prison for 20 years. The government says that its decision will help the process of national reconciliation. Well have more on that in just a moment. First, Mike Wooldridge reports. Reporter the Police Officer was highly decorated by the Apartheid Regime he served with a ruthlessness that earned him a prison sentence totaling more than 200 years. Eugene de kock with officials of south africas truth and Reconciliation Commission ins