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Addresses governor kcuomo gave s part of a threeday Regional State tour. This is just over 40 minutes. [ applause ]. Thank you. Thank you very much 3 thank you. Thank you very much. Thank you very much. Thank you. Thank you. First to our great madam secretary of state whos doing just a fantastic job, lets give her a round of applause. His eminence, thank you once again for your leadership and guidan guidance, cardinal oconnor. [ applause ] we have our attorney general, who is doing great work with us. Eric schneiderman, please stand. [ applause ] our new york state comptroller who is doing a g...

And building up the state. Her address comes courtesy of South Carolina etv. [applause] please be seated. Ladies and gentlemen of the joint assembly an honored guest. I am proud to present you have to the honorable governor of South Carolina. [applause] thank you very much. Thank you. Mr. Speaker, mr. President , ladies and gentlemen of the general assembly, constitutional officers and my fellow south carolinians tonight, we have come together to discuss the state of South Carolina the success we have enjoyed and the challenges we face. But we must first acknowledge, as we do every year, that ...

Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called...

Strategy, but bernanke offered a Strong Defense for the program thats aimed at keeping Interest Rates low. The risks, he said, were manageable. Hope the fed would continue its easy efforts to stimulate the economy had u. S. Markets seeing green. The dow gained 116, the nasdaq is up 13, and the s p rose nine. Washington bureau chief darren gersh has details on the fed chairmans Strong Defense of his aggressive policy to support the economy. Reporter sure, there are risks when the Federal Reserve is buying almost 3 billion worth of bonds every day. But chairman ben bernanke told congress basical...

Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called...