and ron paul has spoken accurately. i do believe we ought to have a system that makes it -- that extends medical care. but you can't guarantee it. i think we with do better in providing it. and i think medicare is a good thing. for older people, they are better off with medicare. and i would say the most popular form of medicine is the holy government medicine that is dispensed by the veterans affairs. the ones they talked to would get angry, and it's after a holy government. >> congressman paul, would you an agree that public at large does not want to you fail again to come up with you as a body to come up with something that improve what is we have? >> everybody does. i might believe that you can improve it with less government. others believe you nied more government. for instance, i don't believe we should cut of the funds for medicare. they talk about taking $400 billion out of medicare. that doesn't make sense. iowa agree was. everybody should have good hk. i don't believe that government delivers on their promise

i agree 100% with what ron paul just said. the hundreds of billions, the trillions we are on the verge of wasting in wars that do it more harm than good, that's really very important. and ron paul has spoken very accurately. and i agree with him on that. i do believe we ought to have a system that makes it -- that extends medical care. but you can't guarantee it. i think we can do a lot better in providing it. i also think as an example of my difference with ron is i think medicare is a good thing. for older people, they are better off with medicare than what replaced pitp and i would say the most popular form of medicine is the holy government medicine that is dispensed by the department of veterans affairs. the veterans i talked to would get very angry if someone said we'll abolish the veterans affair which is a holy government. >> congressman paul, would you an agree that public at large does not want to you fail again to come up -- you as a body -- to come up with something that improves what we have? >> everybody does. i

ron paul. we heard discussion back-and-forth about liberty and that sort of thing on the two parties but i think dr. paul kneal did in terms of the linchpin that's caused so many problems in the federal reserve system. it is a wonderful book, very well written, very down-to-earth and his humanity comes through. i would highly recommend it and the fed to everyone a merry christmas to you and all the listeners. >> host: and we covered congressmen ron paul talking about his book at ebook event this year on book tv. here is a look. scaap next federal reserve chairman i had some confrontations with and discussion with was alan greenspan and i tell the story about the time i think most of you here in this audience would know the story that alan greenspan of course was a supporter of and friend of ayn rand and was in their group of people but in the 1960's he approached this fantastic article about how bad that debt was and how bad the federal central bank was and we confiscated wealth by printing mon

caller: i would like to commend ron paul. i think he is one of the few in our congress that is actually an honest, decent man. he really wants what is best for this country. i think that we, the american citizens, need to stand up and start running for office so that we can get the corrupt politicians out and so that we can't affect change. we need more people like ron paul to step up to the plate. -- and so that we can affect change. we need more people like rabon to step up to the plate. i was actually considering running. i live in the suburbs of the washington d.c. area. i think there is corruption and the government. there are literally selling us out. we have to realize the enemy is not at the gate. the enemy is in the house. we need to get the corrupt politician, whose agenda is not that of the american people or the constitution. it really is the agenda of the global list. we need to stop these people before they literally destroy this country. that is all i have to say. host: senate campaigns are expensive. running s

we need a true second party, ron paul. host: the latest on the copenhagen conference on climate change. rich nations step up pressure on beijing. developed countries like the united states are pressing china's delegation to submit to independent monitoring and formal targets. the other headline this morning in "the washington post." coordination stalled talks on global warming. they said the walkout may not delay deal. negotiators hope to have an agreement by this friday. bakersfield, calif., -- california. caller: i'm a green, i hate to admit it but i think the most impressive is barney frank. i do not like the man personally but i think he has really got the answers we need to listen to. host: what are the things he is saying? caller: he really understands the shell game that was played with the bundling of securities. he really understands we need regulation. free enterprise without regulation is really just piracy. host: ron on the democratic line from pennsylvania. caller: in my view, a tie between al gore and robert

ron paul. and these are the people who understood and knew that the mass we are in was coming before it actually had us. they also fall -- dr. thomas e. woods literally breaks out of a very good case and a case of how government created this mess, including the federal reserve, which allowed all of this to occur. >> host: jeff, thank you for the input. richard on our democrat fine. your favorite book of 2009 nonfiction? >> caller: thank you for c-span. richard dawkins, the raiders joiners. the evidence for evolution. i'm just amazed that people are calling and and citing the bible as a nonfiction book. thank you. >> host: thank you for your call. a look at richard dawkins book. one of the many books recovered, the invention of air earlier this year and that steven johnson's book. here's a look at his comments in the book reading. >> i stumbled across this story about joseph priestley and i knew a little bit about briefly. like most people i think i'd heard about him is the guy who i discovered

we'll talk about ron paul and sheila jackson-lee and our friend ben stein all next. would you like a pony ? yeah. would you like a pony ? yeah ! ( cluck, cluck, cluck ) oh, wowww ! that's fun ! you didn't say i could have a real one. well, you didn't ask. even kids know when it's wrong to hold out on somebody. why don't banks ? we're ally, a new bank that alerts you when your money could be working harder and earning more. it's just the right thing to do. >> larry: eric hill will host "ac 360" at the top of the hour. >> we have new details on attempted terror attack at the top of the hour, including why so many warning signs were missed. could this suspect have been stopped from even boarding that flight? he was on a terror watch but not a no-fly list. how does that happen? we speak to passengers on board flight 253 who have a tale you haven't heard. they saw a mysterious well-dressed man helping the suspect board the flight in amsterdam. all that and plus a look at how airport security is already changing the new policies that have been put in place, and if you're f

representative ron paul is a republican of texas, member of the international relations committee. he was a flight surgeon in the air force and obgyn in civilian life. and ben stein the economist attorney, former presidential speech writer, columnist with "fortune" magazine. representative lee, were you satisfied with the president's statement today, and do you think we're now getting on top of things? >> absolutely, larry. i believe the president has always been on top of this issue of securing the homeland. it is not a partisan issue. it's not a democratic issue or republican issue, and he stood today and indicated we're moving forward on items we've done improving our security and screening, looking to ensure that we're going after the terrorists who want to come after us. finding al qaeda wherever it is, and yes, doing an inventory and investigation on what happened and why. but several issues we have to address. and one of them is the serious stove piping of intelligence. communicating information that could have prevented this individual from boarding this plane, flight 253.

host: 8 caller mentioned, ron paul earlier. this is "in fed we trust." we're talking to you about your favor nonfiction books of 2009. this is chris from washington, d.c. caller: my forever book is called "foreign islam." it is by mr. rahman, i think. it was a good book. i read it because it talked about the forces of islam in america. these accounts would have liked muhammed ali and career and a bill to bkareem abdul jabaar ant influenced and shaped islam in america. all muslims put out of the debate over get the global aspects of islam in the world in dealing with fox islam and global terrorism. he was saying that comprise about half of the muslim population of america. but the forces of african- americans are left out of the media. he said one scholar was sherman jackson, the african-american scholar at the university of michigan. he was very objective and sink in this description of islam. but he is left out of the dialogue in the global war of terror and the forces are basically left out. so it gives a different perspective hmongs. host: thank you f

host: ron paul is our guest for this next program. one thing i wanted to start with to be acute on the hill to date for the renomination of the position. you have been speaking out about the fed for a while now and it seems as though the chorus has gotten louder. guest: there is no doubt about it. it seems with the recession/depression people are worried and they are sending strong messages to washington. people are very concerned and i think rightfully. they're looking more closely about the agenda -- at the federal reserve. generally, people do not look to see the source of problems when things are going wrong, but now they're looking at how the fed participate in the crisis that we have. host: give us an example of some questions but you would ask if you were on the panel today. guest: why do you think we need a federal reserve at all? why will you not tell us how to spend the money? who do you buy the assets from and at what price? what kind of deals do you make with foreign governments and foreign central banks? what are the agre

i saw the debate , and all of these warmongersç almost blew ron paul off the stageçi]çç, whent(ç all he o talkw3 aboutçççç was savingd they just -- host: you are havingç trouble finding footing in a party. caller: no, i am back to being a loyal democrat, because i like it like to do about health care, -- what they would like to do about health care, except i like what mr. howard dean said that without a public option, the bill ain't even worth voting for. host: "gop expected to keep said that talking. -- keep senate talking. any gop member could object and a force 30 hours of debate senator harry lee and minority leader mitch mcconnell conferred u!for a few minutes after the senate vote, but it remained unclear what they were discussing." the senate coming back in, more health care debate on noon eastern on our companion network, c-span2. we're talking for the next 10 minutes or so about politics, specifically from an article in "the wall street journal," how yourç politics have changed ]vr the last lebade. pensacola on the independent line. caller: how you doing, s

the plan was proposed by republican representative ron paul of texas. he was on "washington journal for 40 minutes. >> former presidential candidate ron paul, a member -- is the guest our next program. thanks for coming in. one of the things i wanted to start with is the fact that ben bernanke is going to be up on the senate side of the hill today with a confirmation hearing on renomination of the position. you have been speaking out for quite a while now. it seems as though the course has gotten louder. you have been speaking out about the fed for a while now and it seems as though the chorus has gotten louder. guest: there is no doubt about it. it seems with the recession/depression people are worried and they are sending strong messages to washington. people are very concerned and i think rightfully. they're looking more closely about the agenda -- at the federal reserve. generally, people do not look to see the source of problems when things are going wrong, but now they're looking at how the fed participate in the crisis that we have. host: give us

i am a muslim and it should definitely be ron paul. i applaud your network because it has some gumption to stay true to the principles. for ron paul, he understands foreign policy and understands the nature of the relationship between intervening in =ññ countries and occupying them. but unfortunately he's regarded as a bit of a nut job with the news media, but i applause you and your staff for having him in your studio. host: we love having him and always welcome. caller: i appreciate that, but i was disappointed as you cut off an earlier caller for the journalalists that wanted to elaborate his point of the nature of his israeli nature. host: you know why, because it's a :icaller that frequents the network, we want to have a wide variety of opinions and a chance are others to weigh in. next is karen. caller: i would like to nominate nasa scientist, gavin schmidt, that's on realclimate.org answering all the e-mails on climate change. he's tirelessly answering every question, that's gavin schmidt from nasa. host: we want to review wh

>> the internet allows candidates who are inspiring on some kind of cause, whether it is ron paul for the libertarian community or others, if you have a message that is compelling, you can take passion and turn that into credibility and the offline world -- in the offline world. it fueled his campaign and he would not have gotten as far as he did with the internet. obama was the first candidate to take online passion to raise a significant amount of money on line and turned that into people knocking on doors on the ground and advertisements on tv and house parties. online, you have niches, an offline, you have a base. you use that based on line to really build a broad coalition. without that the initial base, you cannot win. >> when you were writing about it, you mentioned at the fact that 3 million people give $600 million to barack obama. that is only 1% of the american people. what do you think about the future candidates. are they going to find it easier to raise that kind of money? >> one of the other interesting things, and you are exactly right, it is their abilita relal amount

paul phenomenon has the potential to reenergize sing american conservatism? >> it represents one branch of a broader coalition, to give you a very quick capsule word. he obviously is in the libertarian wing of the movement that raises traditionalist neoconservatism's, and others, so it is, i think of the conservative movement and i think if it is going to be successful when coalition all terms and he represents one wing of that and he represents what i call in mine speech the language of liberty, which is really taking hold again at the grassroots and this is a language that has indigenous origins and our historical experience, so that in itself bodes well for conservatives because they tend to relate to two fellow americans in language that means something to us historically. it is not all abstract or imported, so i think what representative paul articulates and represents them is that kind of libertarian view point, where he tends to be somewhat limited in its impact but it comes about when he begins to approach foreign policy where there are differences be

the internet allows candidates who really are inspiring on some kind of cause, whether it is ron paul with the libertarian community or obama for a certain set of democrats. if you have got a message that is compelling, you can take passion from a small group of people willing to give the money up front, and turn that into credibility in the offline, non- internet world. so he was wanting to take that on my passion and turn it into offline success. but if you'll the campaign in a way that he would not have gotten as far without the internet. and obama was the first candidate in any party to raise a significant amount of money on line and turned it into advertisements on tv, the house party, lots and lots of marketing. so you have this markets to let you get a base. obama use that base online to have a broad coalition. without that initial base, you cannot win. >> it sounds like a lot, but it is only 1% of the american people. what do you think about the future candidates? >> how can i mobilize that for success? i do not think we will see the percentage of people donating go from 1% to

>> the internet allows candidates who are inspiring on some kind of cause, whether it is ron paul for the libertarian community or others, if you have a message that is compelling, you can take passion and turn that into credibility in the offline world. what howard dean was not able to do was to take that online passion and turn it into offline success. it fueled his campaign and he would not have gotten as far as he did without the internet. obama was the first candidate to take online passion to raise a significant amount of money on line and turned that into people knocking on doors on the ground and advertisements on tv and house parties. lots and lots of offline organizing and marketing. online, you have niches, and offline, you have a base. obama -- you use that base online to really build a broad coalition. without that the initial base, you cannot win. >> when you were writing about it, you mentioned the fact that 3 million people gave $600 million to barack obama. that is only 1% of the american people. we see how much money is thrown around today. what do you think about th

caller: i have to make a comment that i have a tendency to agree with ron paul. i am wondering what we are doing over there anyway. and what are we still having basis, army bases and navy bases and all of these military bases all over the world anyway? i mean, we need to close them all down and burned all our troops home -- bring all of our troops home and let these other countries to fend for themselves. they want a democracy, let them spend money and let them for their own democracies -- format their own democracies. guest: we are kind of darned if we do and if we don't. there is the ron paul school of lathought that maybe we should e more isolationist and just say we really don't care what you do to each other, but if you do it was, we will come over there and blow you away. i am not trying to over-simplify ron paul's view, but there is a growing discussion about that and it is not a bad discussion to have at all. but i will say that when you disengage with the country, as we did with afghanistan in 1989, what happened? but taliban came in. russia destroyed th

. >> you have any views on the legislation by congressman ron paul about auditing the federal reserve? i assume you're you're not in support of that. [laughter] mya >> my views are known. the so-called audit the fed bill -- the word of it is used by most people in this room as hubs had intended to do with financial books. it has do with looking at numbers and reports and statements and so on. that is not what this is about are the federal reserve fully agrees that congress should have all aspect to our transactions and operations and controls. the congress has every right to make sure that that that is using the taxpayer money effectively and safely as we are. in this particular context, the word of it means a policy review. if this bill were passed, it would repeal an exemption passed by congress in 1978 which protect monetary policy from an immediate review by the general accountability office to assess whether the policy was the right policy or not. every other aspect of our policy making, are supervision, everything else is subject to gao review. all of our financial books are ope

so we're going down the wrong rift and all because like ron paul said, we're not following the constitution. host: david on the line for republicans out of chester brook. go ahead. caller: thank you. i think president obama is creating some kind of high expectation from people because of his capacity to speak well. and his i had yomatic expressions are quite impressive, and he's bringing high expectations to those who bought this for him. so high expectations under the muslim world, and i don't think to which match his actions, and this can create a situation, because some stations are very high. and it tomas seems that he is more inspired than things on pace with cooperation with everyone. and i think in the short run, he will win, obviously a lot of issues. but in the long run, i think it will maybe boomer rang against him. and i wish him if best. he is my president. but i think that we will see the result definitely until 2010. and i am predicting that it will be one -- he will be a one-term president. host: specifically, david, what should his priorities be in 2010? >> his president wou

host: 8 caller mentioned, ron paul earlier. this is "in fed we trust." we're talking to you about your favor nonfiction books of 2009. this is chris from washington, d.c. caller: my forever book is called "foreign islam." it is by mr. rahman, i think. it was a good book. i read it because it talked about the forces of islam in america. these accounts would have liked muhammed ali and career and a bill to bkareem abdul jabaar ant influenced and shaped islam in america. all muslims put out of the debate over get the global aspects of islam in the world in dealing with fox islam and global terrorism. he was saying that comprise about half of the muslim population of america. but the forces of african- americans are left out of the media. he said one scholar was sherman jackson, the african-american scholar at the university of michigan. he was very objective and sink in this description of islam. but he is left out of the dialogue in the global war of terror and the forces are basically left out. so it gives a different perspective hmongs. host: thank you f

and so a congressman from texas, ron paul, senator from south carolina jim demint and others, including also, i might say, the democrat social frist vermont, bernie saunders, all favor a bill that would have the government audit the federal re, that is, what agreements have they made with other central banks, that ought to be made available. where the money goes, if they put in the market, what criteria they use. that isn't about independence, that's about accountability. and the fed has reacted leak a scald cat on the thing, saying it's the end of civilization. no, it is not. everyone in government has to be account able. the c.i.a.,s fed has less accountability to congress not that central intelligence agency does, which is ridiculous. so it's a benign bill that congressman paul and others have proposed, and i hope it gets through congress. host: steve forbes, i have a comment for you, one of our to witters users, a twitter from stockmarketscam is his handle, writes that your book title does not make any sense, steve. you should change it "how the rich stole from the poor q. i'll tie

paul phenomenon has the potential to really reenergy eyes american conservativism? >> it is -- it represents one branch of a broader coalition. to give you a very quick capsule word he, obviously, is in the libertarian wing of a movement that embraces traditionalists, ne-yo conservatives -- neoconservatives, religious righters and others. i think if it is going to be successful in coalitional terms, and he represents one wing of that. and he represents what i called in my, in my speech the language of liberty which is really taking hold again at the grass root. and this is a language that has indigenous origins in our historical experience, so that in itself bodes well for conservatives because they can relate to fellow americans in language that means something to us historically. it's not all abstract or imported. so i think that what representative paul articulates and represents then is that kind of libertarian viewpoint where he tends to be somewhat limited in his impact is, comes about when he begins to approach foreign policy where there are differences betwe

as a libertarian conservative, i would agree with earlier callers who were talking about ron paul -- host: you have given us a lot to work with. guest: i would respectfully disagree. you are absolutely right and one thing which is the nazi party, the name is national socialism, but the key thing to remember about national socialism is that they party was much more important than socialism. they sought to try to glorify the nation and this idea of the volks, which is the german people and they fought on the basis of this to create a state where socialism never had a chance because you had business planning an extremely important businesses supported the nazi party. you also saw the conservatives not always supported the nazi party but helping to engineer the constitutional crisis which allowed the nazis to take power. i think the social part is part of the nazi title but the extra hostility that they had toward the left and the waiter policies worked out in terms of how they govern germany apart from the holocaust and all the horrible things is so did with that don't really bear all t

and so a congressman from texas, ron paul, senator from south carolina jim demint and others, including also, i might say, the democrat social frist vermont, bernie saunders, all favor a bill that would have the government audit the federal re, that is, what agreements have they made with other central banks, that ought to be made available. where the money goes, if they put in the market, what criteria they use. that isn't about independence, that's about accountability. and the fed has reacted leak a scald cat on the thing, saying it's the end of civilization. no, it is not. everyone in government has to be account able. the c.i.a.,s fed has less accountability to congress not that central intelligence agency does, which is ridiculous. so it's a benign bill that congressman paul and others have proposed, and i hope it gets through congress. host: steve forbes, i have a comment for you, one of our to witters users, a twitter from stockmarketscam is his handle, writes that your book title does not make any sense, steve. you should change it "how the rich stole from the poor q. i'll tie

as a libertarian conservative, i would agree with earlier callers who were talking about ron paul -- host: you have given us a lot to work with. guest: i would respectfully disagree. you are absolutely right and one thing which is the nazi party, the name is national socialism, but the key thing to remember about national socialism is that they party was much more important than socialism. they sought to try to glorify the nation and this idea of the volks, which is the german people and they fought on the basis of this to create a state where socialism never had a chance because you had business planning an extremely important businesses supported the nazi party. you also saw the conservatives not always supported the nazi party but helping to engineer the constitutional crisis which allowed the nazis to take power. i think the social part is part of the nazi title but the extra hostility that they had toward the left and the waiter policies worked out in terms of how they govern germany apart from the holocaust and all the horrible things is so did with that don't really bear all t

alan grayson and ron paul are opposites. guest: there is a minority in the congress with people discontented with what is going on. i do not think picking on the biggest bully on the playground is a good idea. guest: think it is appropriate to target ben bernanke. he was at the fed. it was their job to stop it. host: we have about 20 more minutes with peter morici and dean baker. we will be switching topics in terms of home ownership. the home ownership rates could slump. what has the administration done and what still needs to be done in terms of the housing market? guest: they have made low- interest mortgages available to people through fed policy. they have the program that is to allow people to stay in their homes through mortgage modification. those are the main programs. they have had relatively little impact. you still have close to 200,000 foreclosures going through each month. some people have been helped. it has been scattershot. a lot of people were not helped. a lot of people have been able to take advantage of

alan grayson and ron paul are opposites. guest: there is a minority in the congress with people discontented with what is going on. i do not think picking on the biggest bully on the playground is a good idea. guest: think it is appropriate to target ben bernanke. he was at the fed. it was their job to stop it. host: we have about 20 more minutes with peter morici and dean baker. we will be switching topics in terms of home ownership. the home ownership rates could slump. what has the administration done and what still needs to be done in terms of the housing market? guest: they have made low- interest mortgages available to people through fed policy. they have the program that is to allow people to stay in their homes throu@@@@e@mdh &am) in the sense you have 270,000 foreclosures a month. you have some people helped through those programs. a lot of people who should have been held and were not. the programs. i cannot think this is the best way to go about it. you still see a lot of people losing their homes. there's no way

and so a congressman from texas, ron paul, senator from south carolina jim demint and others, including also, i might say, the democrat social frist vermont, bernie saunders, all favor a bill that would have the government audit the federal re, that is, what agreements have they made with other central banks, that ought to be made available. where the money goes, if they put in the market, what criteria they use. that isn't about independence, that's about accountability. and the fed has reacted leak a scald cat on the thing, saying it's the end of civilization. no, it is not. everyone in government has to be account able. the c.i.a.,s fed has less accountability to congress not that central intelligence agency does, which is ridiculous. so it's a benign bill that congressman paul and others have proposed, and i hope it gets through congress. host: steve forbes, i have a comment for you, one of our to witters users, a twitter from stockmarketscam is his handle, writes that your book title does not make any sense, steve. you should change it "how the rich stole from the poor q. i'll tie

ron paul in stopping the next automatic pay raise from taking effect by supporting h.r. 4255, the stop automatic pay raise for members of congress. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentlewoman from maine rise? ms. pingree: madam speaker, i send to the desk a privileged report from the committee on rules for filing under the rule. the speaker pro tempore: the clerk will report the title. the clerk: report to accompany house resolution 976, resolution providing for consideration of the senate amendment to the bill h.r. 3326, making appropriations for the department of defense for the fiscal year ending september 30, 2010, and for other purposes. for consideration of the joint resolution, house joint resolution 64, making further continuing appropriations for fiscal year 2010 and for other purposes. for consideration of the bill h.r. 4314, to permit continued financing of government operations for consideration of the senate amendment to the bill h.r. 2847, making appropriations for the departments of commerce and justice and science and

our coverage tonight includes ron paul on his book in the fed and in fed we trust and linda gordon in her biography of dorothea lange. the lists are available at booktv.org in the news about books section. >> in a few moments a hearing on funding for autism research and live at 10:15 campaign management institute at american university looks at how to frame political issues. >> the nature of most human enterprise is to ask yourself in an introspective way by doing this the right way. >> auld this week a rare glimpse into america's highest court threw unprecedented on the record conversations with ten supreme court justices. tonight associate justices anthony kennedy and samuel lido. that is that a:00 p.m. eastern and get your own copy of our original documentary on the supreme court on dvd on the american icons collection, a three diskette including programs on the white house and the capital. one of many items available at c-span.org/store. >> according to the centers for disease control and prevention one in every 100 children in the u.s. has autism. now a hearing on funding autism

aking crop -- a proposal from ron paul to suggest that the federal reserve subjects to government audits. that has received many sponsors, even though barney frank wanted some version attached, but not what paul wanted. that will be an issue, whether it entitlement spending should be a commission in where we are as far as tar p funding -- tarp funding. should we have another stimulus? timothy geithner has been under the gun recently. timothy geithner and ben bernanke has worked closely recently, but ben bernanke's relationship with congress is better than timothy geithner's. he reached out to the hill, had members over to his office, had breakfast and talk shop. he and a member of the senate famously talk about their love for the red sox. i think if he will be confirmed, no doubt about that, but there will be some grilling of him this week. host: bob cusack, thank you for your time this morning. guest: thank you, greta. host: next caller, good morning. caller: you are beautiful today. obama wants to change things? start teaching medicine in high school. host: we are listening, arnold. ca

ron paul, i've asked a question about ron paul raising $50 million. and my response to that was that interesting, but it's not an outcome. if you've got resources. and what is the end of doing with it? you know, he didn't do as well as he certainly had hoped given that amount of money. so while money is important, it's not so much the money in other itself. it's what do you need to get down? so when you map out your strategy, do you have the resources to cover your strategy that's what you're looking for? the amount of campaigns that suddenly go into and say we have three weeks ago when 40 million in the bank on the how do we spend it? that is a campaign that doesn't know what it's doing. $40 million is a little high, but you're watching some of these presidential set of huge amounts of money. raise the money you need to get the things you need them. that implies that you know what to get done here it. money in and of itself will not win it for you. it won't hurt, but in some cases it might because you'll do things that just in fact end up being contr

aking crop -- a proposal from ron paul to suggest that the federal reserve subjects to government audits. that has received many sponsors, even though barney frank wanted some version attached, but not what paul wanted. that will be an issue, whether it entitlement spending should be a commission in where we are as far as tar p funding -- tarp funding. should we have another stimulus? timothy geithner has been under the gun recently. timothy geithner and ben bernanke has worked closely recently, but ben bernanke's relationship with congress is better than timothy geithner's. he reached out to the hill, had members over to his office, had breakfast and talk shop. he and a member of the senate famously talk about their love for the red sox. i think if he will be confirmed, no doubt about that, but there will be some grilling of him this week. host: bob cusack, thank you for your time this morning. guest: thank you, greta. host: next caller, good morning. caller: you are beautiful today. obama wants to change things? start teaching medicine in high school. host: we are listening, arnold. ca

. >> congressman ron paul recently spoke in valley forge pennsylvania about his book "end the fed" arguing the federal reserve should be abolished and monetary policy should be based on the gold standard. dr. paul is hon their chairman which hosted the hour-long event. >> appreciate you very much you coming this morning. and talk about a subject that i've been talking about for a long time. a lot of people ask when and how did i get the title for the book. and i do tell a little bit how that happened. i really didn't create the title. it came to us naturally. it was during the campaign on the college campus in ann arbor. all the sudden the students started chanting. they kept saying end the fed. it was a spontaneous outburst. it gave me the idea that maybe we could follow up with a book. but it to me is a very important subject. because of the significance of it. it's becoming more important all the time. now the book was written with the intent of explaining to my best ability the role of the federal reserve, and our financial system. but there's a lot more to it than just that. the botto

there is movement to increase congressional oversight in the house bill proposed by ron paul to suggest that -- subject the fed to auditing. the head of the senate banking committee wants to take away the fed possibility to regulate banks. on many different levels congress is looking at reining in the powers of the fed and its authority. host: hearing this yesterday in your reporting, the vote may not, until the first of the year. why the delay? caller: the chairman has strong opposition in the senate. i should say, it looks like he is slowing to be reconfirmed. but some of these senators appeared to be putting out holds for misprints on confirmation votes, the process is going to be slowed down, we will probably see this chairman get more no votes than any chairman in a quarter-century. host: what was the biggest mistake he made with aig? guest: it is interesting, when he acknowledged that they made mistakes it is worth focusing on what he acknowledged and what he did not acknowledge. he acknowledged that he dropped the ball on regulating financial institutions in leading up to the cri

tonight, but tv features ron paul and the end of the fed. from david wessel, "in said we trust co that is at 8:00 eastern. >> c-span thursday, a look back and tributes paid to u.s. and world leaders, including the dolly llama, ted kennedy, ronald reagan, walterç cronkite, colin powell, and robert byrd. then, newç year's day, a look ahead to the new year. vladimir putin discusses his future from his annual call-in program. presidential adviser ostend rules be on the economy. the creator of the segue, and guitar hero on of entrepreneurship. >> fox news contributor michelle malkin is our guest this week on "in depth," the author of " the culture of corruption." she takes your calls. three hours with michelle malkin, sunday on "book tv." >> there is less than a month left to enter c-span's 2010 student cam contest. top prize, $5,000. just create a 5 to 8 minute video on one of our country's greatest strengths or a challenge the country faces. xdi]it mustç incorporate c-span programming and show varying points of view. interred beforew3 mid

. >>> congressman ron paul recently spoke in valley forge pennsylvania about his book, "end the fed" to be arguing that the federal reserve should be abolished and monetary policy should be based on the gold standard. dr. paul is on a very chairman of the campaign for liberty which posted this hour-long event. >> i appreciate your much you coming this morning and talking about a subject i've been talking about a long time to read a lot of people ask when and how did i get the title for the book and i do tell a little bit about how that happened. i really didn't create the title. it came to us naturally because it was during the campaign that on a college campus i believe it was that an arbor, university of michigan all of a sudden the students started chanting and was to my pleasant surprise they kept saying "end the fed." as it was a spontaneous outburst and gave me the idea maybe we could follow up with a book. but to me it is a very important subject because the significance of it and it's becoming more and more important all the time. now, the book was written with intent of expl

the democratic bill includes the ron paul-alan grayson amendment to investigate the fed. for some reason the republican substitute does not. it allows the fed to continue to be exempt from many g.a.o. audits. now, i said the biggest bailouts are under 133 under the federal reserve act. that's been used for $3 trillion but the fed could legally use it for $33 trillion. the republican bill does very little to limit the fed's power under section 133. the democratic bill includes my amendments to put a dollar limit on the amount the fed can obligate. and then my amendment to require that only the most secure loans are made. for some reason the republican bill limits the fed barely at all. section 1823 has been used by the fdic to make loan guarantees of $330 billion. and in fact there's no dollar limit on section 1823. what they've done with $330 billion is they could have done with $833 billion. the democratic bill suspends section 1823. the republican bill contains no limits on section 1823. so if you want to live in bailout nation, then you got to make sure that the fed do

tonight, but ron paul and linda gordon. tonight at 8:00 on c-span-2. you concede the full listç on e web site. i]>> a look back to be paid to u.s. and world leaders including ted kennedy, ronald reagan, walter cronkite, and colin powell. on new year's day, a look at what is ahead for the new year. vladimir prudent discussestmok - vladimir putin discusses the future. >> fáçto inventors on innovatin and entrepreneurship. there is less than one month to enter the student contest. ççprocess for high-schoolç ss with a top prize of $5,000. ççççcreate a 528 minute vide of theç country potts greatest strengths. it must incorporate c-span programming and show various points of view. to not wait another minute. president obama outlined some of the missteps that led to an attempted airline bombing on christmas day. this is about five minutes. >> good morning.. yesterday, i updated the american people and the immediate steps we took, the increase screening and security in air travel, to keep our country safe in theç wake of te attempted terr

and the tv tonight features ron paul and the end of the fed. david russell of "in fed we trust" and dorothea lange -- and linda gordon who wrote "dorothea lange. >> the c-span thursday, a look back at tribute paid to u.s. and world leaders, including the dalai lama, ted kennedy, ronald reagan, walter cronkite, colin powell -- colin powell and robert byrd. and russian by minister vladimir putin discusses his future from his annual call-in program. and presidential advisor austin goulsbee on the global economy. and the co-founder of guitar hero on innovation and entrepreneurship. plus, the art of political cartooning. >> fox news contributor michelle malkin is our guest this weekend on both tv's in depth. the columnist and blogger and author of four books takes your calls and e-mails and tweets. three hours with michelle malkin live at noon eastern on sunday on the tv. >> now available, c-span spoke -- c-span's book about "abraham lincoln." from lincoln's early years to his life in the white house and is relevant today. abraham lincoln in hardcov

kucinich: i yield five minutes to the gentleman from texas, ron paul. mr. paul: i thank the gentleman for yielding. the chairman states that the main purpose of this bill is to prevent the iranians from getting a nuclear weapon. that isn't even as a powerful statement as was made that enticed us into the iraq war. it was to claim this they already had them. now, this is a pretense and yet here we are taking these drastic steps. my reason for opposing this bill, i think it's detrimental to our national security. it doesn't serve our interests. i oppose to it. in the late 1930's and early 1940's, the american people did not want to go into war. but there were some that were maneuvering us into war and they wrused the argument that you needed -- used the argument that you needed an event. in june of 1941, sanctions were put against japan incidentally and ironically prohibit oil products from going into japan. within six months there was the bombing of pearl harbor. and there are now talks -- there has been talk in the media and we heard about it, we need to bo

kucinich: i yield five minutes to the gentleman from texas, ron paul. mr. paul: i thank the gentleman for yielding. the chairman states that the main purpose of this bill is to prevent the iranians from getting a nuclear weapon. that isn't even as a powerful statement as was made that enticed us into the iraq war. it was to claim this they already had them. now, this is a pretense and yet here we are taking these drastic steps. my reason for opposing this bill, i think it's detrimental to our national security. it doesn't serve our interests. i oppose to it. in the late 1930's and early 1940's, the american people did not want to go into war. but there were some that were maneuvering us into war and they wrused the argument that you needed -- used the argument that you needed an event. in june of 1941, sanctions were put against japan incidentally and ironically prohibit oil products from going into japan. within six months there was the bombing of pearl harbor. and there are now talks -- there has been talk in the media and we heard about it, we need to bo

paul and linda gordon beginning at 8:00 p.m. on c-span2. to view the best of list visit booktv.org. >> c-span thursday, tributes paid to u.s. and world leaders including the dalai lama, ted kennedy, ronald reagan, walter cronkite, colin powell and robert byrd. then a look at what is ahead for the new year. vladimir putin discusses his future from his annual call in program. and the global economy. the creator of the segway and co-founder of guitar hero on a entrepreneurship and the art of political cartooning. >> michele malcolm is our guest on booktv's index. the author of four books including the best selling culture of corruption, takes your calls. three hours with michele malcolm on booktv. part of a three day weekend starting friday. next, a discussion held earlier this month on recent developments in the financial markets. journalists from the washington post and wall street journal compare how they covered the economy in the past year held at the university of the virginia. this is 1 hour and 15 minutes. >> we have a spec

host: paul on the democrats' line. caller: my question is what do you feel the effect of the statement of clinging to the bible and guns has on the topic? thank you. host: hudson, florida, ron on the independent line. caller: good morning. the real terrorists in this world of the united states and israel. -- are the united states and israel. you know, when you remove the democratically elected government and install a dictator and support the dictator with money and weapons, and people fight back against that, you call that terrorism. i have known people that have been to gaza that have seen firsthand the oppression -- israelis won't even let them have enough food. they have to smuggle food in to feed people. if people fight against that, you call the terrorism. israel has over 250 nuclear- weapons. host: thanks for the input. you mentioned earlier that issues like guantanamo are not necessarily the driving force behind radicalization of american muslims. guest: what i said was that they are not the only thing. people