Previous directive and issuing a directive to increase it to 10 . I guess the first question is if weve already studied it, why are we studying it again . Well, i dont think we should ever stop evaluating issues. I was not a party to the study that was done before. We obviously are taking that study and any conclusions that it reached into account and reaching our conclusion but weve been very
The goal of assuring Economic Growth as part of it, particularly as it is felt by as Many Americans as possible . Is that the tile of goal we should be forcing . Yeah, you want the economy to grow and you want everybody to benefit from that. And when we did this bill, as i said earlier, we had four principles, these are the things you should consider. That the market is a more efficient allocator of resources, the ways and Means Committee and finance figured out we should do this or that activity. Second equal incomes should pay equal tax. It is not fair to have your neighbor pay less because they have a particular tax benefit. And third those who have more should pay more. The progressive principle. And fourth if you can simplify it, please simplify it. To me those are the four principles. The Economic Issues and growth you would want people to move up and say to people at the top you have to pay a little bit more. So i think those are the principles that i would use going forward. Yo
Answer to that question. I wish to yield a brief moment to the Ranking Member. Thank you, mr. Chairman. I, too, would like to welcome director mel watt to the hearing today. I was somewhat torn when he received this appointment. While i know, and always knew, he would do a great job at fhfa, i knew i would miss him on this committee. Not only because he was such a thoughtful, well prepared member of the committee, i could count on him as the one person who had read every line of the bill. Melmel watt had not only read every line of the bill, he was the one who could come up with a question that no one else could come up with because he spent so much time reading the bill. I also appreciate the fact that he served an important role. When there was a need for tough negotiations, bonnie frank turned to mel watt and asked him to work with the opposite side of the aisle, and he did that on any number of occasions. Bonnie frank could never trust me with that. [laughter] i understand why, and
D. C. , he discusses his book with a panel of professors and journalists. A good evening everybody come and thank you. Is the voice okay in the back . Can you hear me . Thank you for coming. Im the president of the foundation established to continue my mothers work in that somewhat dozen books in the early on socialism. We respond to these kind of events from time to time. This session is about history and influence of socialism in america. Jack ross, the author commented his studies on these issues. His family was involved in trade unions and the socialist movement. This is the book a history of socialism, its a little thick at its history. I myself was a child of the european revolutions. My first night in america was 1939 sleeping on the floor of the apartment floor of a German Jewish refugee refugee friend of refugee friend of my mothers death meant that the ship when it docked. He come at 19yearsold, with the economic editor of a newspaper of the communist party of germany. A bril
The darkest maroon areas show exceptional drought. Today Governor Brown called for conservation at a meeting with Southern California water managers. Water is something that we share and we have a common interest in maximizing the economic wellbeing of the state. And one does that by using water wisely. How much rain did we get overnight . Weve been talking about the system for the past few days. Unfortunately the rainfall totals are not very impressive. We are forecasting more and the amounts are still falling short especially the north bay. Santa rosa only 307inch. There was a tenth of an inch in east bay. The main event was to the east in the sea area. Look at the snowfall totals especially toward south shore lake tahoe. Just around 20 inches of snowfall. We do have another system offshore approaching the kroes line. A little bit of activity to report and this will be into the bay area in the next few hours. Coming up will take a look at the system as it moves across the region. And