. >>> when asked why he robbed bank, willie sutton said because that's where the money is. so when retailerses went looking for more customers, they headed to facebook because that's where the people are. and you would think that would be the right answer. sell facebook users stuff and then take advantage of their social connections to sell more stuff to their friends. >> whether it be the type of thing that would really be universal that everyone would want to use -- >> certainly face book expects this so-called f commerce to work. facebook created the open graph, the looks that programmers need to bring store sales to facebook pages. case in point, the pan make cosmetics. you can purchase your mascara right from the company's facebook page. but the money has not rolled in for everyone. the gap, jcpenney, game stop and nordstrom have all closed their facebook stores. >> christian taylor is ceo of pavement, and on account line service that allows any user to turn their page in to and online store. so your clients, which are much smaller, are reporting they're selling, they'

because obviously as tom mentioned, it's the willy sutton syndrome when they asked him why he robbed banks, he said because that's where the money is. well, the money is in the defense appropriations bills as well. and a great example of that is $120 million for three earmarks of $40 million each for quote alternative energy research. we're talking about cutting the army by 100,000 people, the marines by 80,000 people and yet we're now have our armed services in the business of advanced -- alternative energy research. the navy has thread parade. they spent in excess of $400 per gallon for about 20,000 gallons of algae-based biofuel. the role of the armed forces of the united states is not to engage in energy research. the job of energy research should be in the energy department, not taking it out of defense department funds. so tom, thanks. i'm not sure how many of the 21 years that you have been doing this i've been able to attend but i think most of them. i thank my colleagues and i want to again reiterate, tom, your reward for this work will be in heaven, not here on earth. thank

sutton said, why do you rob banks, that's where the money is. we saw the malefactors go into the foreclosure rescue business, you know. you used to hear the ads on tv or radio saying give us $3,000 and we'll take care of your problem. they took the money and didn't do anything because 97% of the people at these companies were in sales and 1% was in sort of at most was in trying to renegotiate on behalf of consumers. we also passed with the help of congress a bipartisan -- because congress gave us the authority, a bipartisan mortgage rule that banned advance fees. it was unanimous on the commission, and a modification telemarketing sales rule for debt reduction so you see far fewer, i don't want to say none, but you see far fewer of those scams with the advance fees right now. and so -- and then in the particular discriminatory context, we have brought more than -- at least a handful of cases. there was a case involving spanish language borrowers in california who were being charged on average a quarter point more for their -- maybe a little more

and i guess willy sutton was asked what, do you rob banks? he said that's where the money is. part of the reason there's a lot of crime and fraud, waste and abuse at gsa is a lot of money flows through gsa. you know, it handles money on behalf of other agencies. it has millions of dollars flowing through it. and it has over 12,000 employees. in any town that you have in the united states of 12,000 or more, you always have a jail. so that you will always have people doing criminal things and dumb things and silly things. and it's no different, unfortunately, in the federal workforce, have you people doing criminal things and dumb things and that's why you need inspectors general to monitor for fraud, waste and abuse. >> i agree. what i'm trying to say is have you looked at this notion, have you looked at this notion of more centralization and checks and balances. have you done that for every region or have you just now done this for the western areas because of this problem? i mean, obviously, a lot of us i think this is a systemic problem. so i'm asking you if these reforms ar

and i guess willy sutton was asked why do you rob banks? he said, that's where the money is. part of the reason there's a lot of crime and fraud, waste and abuse at gsa is a lot of money flows through gsa. you know, it handles money on behalf of other agencies. it has millions of dollars flowing through it. and it has over 12,000 employees. in any town that you have in the united states of 12,000 or more, you always have a jail. so that you will always have people doing criminal things and dumb things and silly things. and it's no different, unfortunately, in the federal workforce, have you people doing criminal things and dumb things and that's why you need inspectors general to monitor for fraud, waste and abuse. >> i agree. what i'm trying to say is have you looked at this notion -- you have looked at this notion of more centralization and a check and balances. have you done that for every region or have you just now done this for the western areas because of this problem? i mean, obviously, a lot of us i think this is a systemic problem. so i'm asking you if these reforms

because obviously as tom mentioned it's the willie sutton syndrome. when they asked him why he robbed banks, he said, well, that's where the money is. well, the money is in the defense appropriations bills as well. and a great example of that is $120 million for three earmarks of $40 million each for a, quote, alternative energy research. alternative energy research. we're talking about cutting the army by 100,000 people, the marines by 80,000 people, and yet we now have our armed services in the business of advanced alternative energy research? the navy has led the parade. they spent in excess of $400 per gallon for about 20,000 gallons of algae-based biofuel. the role of the armed forces of the united states is not to engage in energy resource -- research. the job of energy research should be in the energy department, not taking it out of defense department funds. so tom, thanks. i'm not sure how many of the 21 years that you have been doing this i've been able to attend, but i think most of them. i thank my colleagues, and i want to again reiterate

. >> he was asked why do you problem banks, that was asked of willie sutton and he said that is where the money is. the reason there is crime and waste and fraud because this is a lot of money flowing through g.s.a. it has over 12,000 employees. in any town in the united states with 12,000 or more, you always have a jail. >>shepard: time will tell who is thrown in jail but for now the man who, oned that party complete with clown and mind reader is on paid leave from the g.s.a. we learn how he partied with his wife on trips around the world all on your taxpayer dollar even after inspectors warned of the agency spending habits. even after he knew he was being investigated. and now live to capitol hill two days after the outcry has the tone changed? >>guest: two hearings today in the senate and the bottom line was they invited the so-called good guy, the people who have to clean up the mets, not those who created the mess, so, we heard today from the acting administrator and the inspector yen and here is a pat on the bat for the acting administrator. >> i credit you, sir, for taking over

. >> willie sutton was asked why do you rob banks? he said that's where the money is. and part of the problem is, part of the reason there's a lot of crime and fraud, waste and abuse at gsa a lot of money flows through gsa. >> reporter: during that hearing a clown and a mind reader showed up outside the capital asking the gsa to hire them at their next big conference. inside not as many laughs as lawmakers from the left and right questioned the gsa's relevancy. >> the expression is fool me once, you know, okay but again and again and again? this four scandals? three administrations. >> under both republicans and democrats there has been abuse throughout the gsa over a number of decades. you know, would it not be fair to ask has gsa outlived its usefulness as a federal agency? >> reporter: the gsa has over 12,000 employees. these reforms the senator say they want will impact a lot of people, martha. martha: what does the gsa say about the calls to disband their whole agency based on all this? >> reporter: the acting administrate basically said that the entire government

and i guess willy sutton was asked what, do you rob banks? he said that's where the money is. part of the reason there's a lot of crime and fraud, waste and abuse at gsa is a lot of money flows through gsa. you know, it handles money on behalf of other agencies. it has millions of dollars flowing through it. and it has over 12,000 employees. in any town that you have in the united states of 12,000 or more, you always have a jail. so that you will always have people doing criminal things and dumb things and silly things. and it's no different, unfortunately, in the federal workforce, have you people doing criminal things and dumb things and that's why you need inspectors general to monitor for fraud, waste and abuse. >> i agree. what i'm trying to say is have you looked at this notion, have you looked at this notion of more centralization and checks and balances. have you done that for every region or have you just now done this for the western areas because of this problem? i mean, obviously, a lot of us i think this is a systemic problem. so i'm asking you if these reforms ar

and i guess willy sutton was asked what, do you rob banks? he said that's where the money is. part of the reason there's a lot of crime and fraud, waste and abuse at gsa is a lot of money flows through gsa. you know, it handles money on behalf of other agencies. it has millions of dollars flowing through it. and it has over 12,000 employees. in any town that you have in the united states of 12,000 or more, you always have a jail. so that you will always have people doing criminal things and dumb things and silly things. and it's no different, unfortunately, in the federal workforce, have you people doing criminal things and dumb things and that's why you need inspectors general to monitor for fraud, waste and abuse. >> i agree. what i'm trying to say is have you looked at this notion, have you looked at this notion of more centralization and checks and balances. have you done that for every region or have you just now done this for the western areas because of this problem? i mean, obviously, a lot of us i think this is a systemic problem. so i'm asking you if these reforms ar

sutton, why do you rob banks? that's where the money is. if you really want to get serious about the budget, you can't have this narrow conversation on how you're going to tax the wealthy. you've got to talk, among other things, about how you're going to deal with entitlements. >> and here was one of the things yesterday -- i consider myself to be good friends with david axelrod and paul ryan. we had david axelrod and paul ryan coming in here, one talking about taxing rich people. it's not going to do anything on the budget. >> absolutely. >> and then we have paul ryan with a budget that goes disproportionately discretionary after domestic spending. >> it's too small. >> that's too small. that's not going to do anything in the long run. neither one of them really want to talk about right now. they want to talk about what they have to do with medicare. they allow medicare to grow at the same rate. >> right. >> medicaid, social security, defense spending, the obama team talks a little bit about cutting back defense

as tom mentioned, it is the willie sutton syndrome. he said it -- when asked why he robbed banks, he said that is where the money is. a great example is $120 million for three earmarks of $40 million each for "alternative energy research." we are talking about cutting the army by 100,000 people and the marines by 80,000 people, yet we now have our armed services in the business of the best alternative energy research. the navy has led the parade. they spent in excess of four hundred dollars per gallon for about 20,000 gallons of county based biofuel. -- algae-based biofuel. the job of energy research should be in the energy department, not taking it out of defense department funds. i am not sure how many of the 21 years that you have been doing this i have been able to attend, but i think most of them -- i want to reiterate, tom, your reward for this work will be in heaven, not here on this earth. thank you very much. >> next we have senator jim demint, who has been leading this effort very strongly but when he was in the house announc

and i guess willy sutton was asked what, do you rob banks? he said that's where the money is. part of the reason there's a lot of crime and fraud, waste and abuse at gsa is a lot of money flows through gsa. you know, it handles money on behalf of other agencies. it has millions of dollars flowing through it. and it has over 12,000 employees. in any town that you have in the united states of 12,000 or more, you always have a jail. so that you will always have people doing criminal things and dumb things and silly things. and it's no different, unfortunately, in the federal workforce, have you people doing criminal things and dumb things and that's why you need inspectors general to monitor for fraud, waste and abuse. >> i agree. what i'm trying to say is have you looked at this notion, have you looked at this notion of more centralization and checks and balances. have you done that for every region or have you just now done this for the western areas because of this problem? i mean, obviously, a lot of us i think this is a systemic problem. so i'm asking you if these reforms ar