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CSPAN3 Key Capitol Hill Hearings March 26, 2015

What result is and, clearly, what were looking at is something that is the an tistithesis of what you can see would truly exist within a competitive environment. I think its time, thank you. And this is a complicated issue. I think its time to open it up to the audience. Yes, sir . Right here. Theres a microphone . Yes, there is a microphone. The thing i learned about running an Organization Even though it was a notforprofit i was the ceo oval,f, we needed revenue. The revenue seems to be the heart of the problem. We talk about businesses. I dont know of any business that restricts its price increases to how through some other criteria other than what the market would bare. The market would bare these lower prices, they lower the prices. If the market could bare higher prices, they raised the price. I think the biggest problem, one of the big problems was the new Regulatory ....

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CSPAN3 Key Capitol Hill Hearings March 26, 2015

But just think about the example of delivering a package at the same time youre delivering the mail. The incremental cost of delivering that package given that you already have these enormous economies of scale and scope based on the monopoly product. We would be very uncomfortable if we said that the military could provide could have a private business for private security forces. I dont see any difference. Frankly. Second you know, the kirby. The activities of this Government Agency in the private market to postal product. We heard from our friends proposals for a whole line of new products. This would only compound the problem. The notion that the Postal Service, as the expertise to handle backnking services and financial services. To me, this is, you know, in the 1970s, the Oil Companies had a lot of money because ....

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CSPAN3 Politics Public Policy Today March 26, 2015

Resources that would go to prosecutors, and federal agents to be able to investigate and prosecute crimes, are being diverted to the bureau of prisons. The bureau of prisons now takes up almost twothirds of the departments budget. Thats really untenable and unsustainable. So i believe that mandatory minimum sentences are an important tool. But we but that we need to use that tool effectively. Senator blumenthal . Thanks, mr. Chairman. At the outset id like to ask permission to include in the record a statement from senator patrick leahy, our colleague from vermont, in support of ms. Yates nomination. Without objection. And id also like to include a number of letters, i referred to them earlier, from colleagues, Law Enforcement officials, officials in georgia, in support of that nomination. Without objection those are included. Thank you, mr. Chairman. Let me just ask you about olc opinions, ms. Yates. Its been a tradition common ....

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