Part made his reputation on this and his participation in ensuring a smooth transition for president fords move into the white house, we at have the library know from our experiences that researchers ,com,com ma scholars, Civil Servants and curious citizens will find ways to learn from his collection that we cannot really imagine today. The continuing interest in technology, its free flow with the subject of a book that we reviewed yesterday in the wall street journal. This particular collection, the whitehead papers, gives us all gathered here today much pride. Under the leadership of librarian of congress j. H. Billington and with great assistance from chief of the Manuscript Division and his extraordinary staff, allen koltai tom studs and janice ruse, dr. Whitehead, toms widow has developed a web site containing digitized copies of much of the collection. Knowing that there are jams her to be discovered by future generations, she has explored the last and most effective ways to orga
Thank you for coming. It is an interesting time for the Housing Market. I guess we could have said that any time in the last five years are so. Things are changing a bit. After more than five years of declining markets, we seem to be doing somewhat better. Home prices are going up. Foreclosures are at a fiveyear low. On the other hand, we are still suffering from a serious overhang from the crisis. More than 4 million households have lost their homes through foreclosure. This has been bad for families, communities, state and local budgets. Home price declines wiped out roughly 7 trillion in household wealth, left more than 10 million families under water, and away more than their homes are worth. Hardhit communities such as las vegas in san bernadine know, more than half are under water. This is creating some significant problems. The air at a much greater risk of a foreclosure de are at a much greater risk of foreclosure. The borrower has no other commission to fall back on here. We w
As we begin this new legislative year, we can now look ahead from sandy, ahead from the national recession, to a brighter day for new jersey. The author bern williams once said, man never made any material as resilient as the human spirit. For all i have seen and experienced as your governor in this extraordinary year, one experience will be indelibly etched in my memory. Her name is ginjer. As i walked around the parking lot of the Fire Department in Port Monmouth in one of the days soon after sandy had laid waste to so much of our state, i saw so many of the scenes that i had come to expect in the aftermath of the storm neighbors helping neighbors, food being prepared for the hungry, First Responders helping the homeless. Then i met 9yearold ginjer. Having a 9yearold girl myself, her height and manner of speaking was immediately familiar and evocative. Having confronted so many crying adults at that point i felt ready to deal with anything. Then ginjer looked at me, began to cry and
This committee, both perspectives is great. Whatever we do will impact business, it will impact individuals, will impact our competitive nature around the whole planet. With that, i yield back to the chairman. Chair recognizes mr. Clever. Thank you, mr. Chairman. To the Inspector General. There have been problems, obviously, with xm bank. Has there been something so egregious and monstrous that congress should give the xm bank a certificate of distinction . Offersly the decision if xm bank is still around is for congress to decide. All weve done is to look at some of the issues that were appearing to our bank operation. From the Law Enforcement side, weve been very active on that side. We had a hearing last year talking about Risk Management. We have done work on dealing with customers. We look at Economic Impact. All those aspects of the bank we thought needed to be addressed. Since then the banks been working with us and addressing those. Some recommendations still standing. There is
Between the house and Senate Democrats and republicans. We begin today with a preview of what to expect. So here in washington, Jeannie Mccarthy speaking at the National Press club and the president on the road traveling o missouri where he will visit the Ford Motor Company to talk about the economy and Motor Vehicle industry. Our lines for republicans and democrats. Nd if youre an independent. Join us on twitter and facebook. You can also send us an email journal cspan. Org. Ts begin with a look at utside the papers. Delay claims vindication. He was in washington meeting with House Republicans. Headlines from the Detroit Free Press as the president travels to a ford plant in the midwest, this headline, the white house plans a summit. Coming here to meet with Community Leaders on the economy and jobs and the Auto Industry specifically. Front page of the chicago tribune. In an interview with a jesuit magazine. And this, the pope says i am no rightwinger. Finally, as the cleanup efforts