to visit the holocaust memorial and lay a wreath at the hall of remembrance. i told those gathered nearby that was a very moving experience for me personally because what we learned at that place commits all good people to work together to ensure that it never happens again. that, that is my pledge and the solemn and sacred pledge of the united states, we are stronger when we act as one. we are stronger when we work

together to create a secure israel, stronger when we embrace our histories that pledge us to fight for what is right and fight for the dream of giving our children a better and more secure life. thank you and may god bless israel and may god bless the united states of america. ♪ >> ladies and gentlemen, please welcome aipac national board member barry manez.

>> good morning, ladies and gentlemen, our organization's friendship with former speaker of the house newt gingrich goes back to his earliest days as a member of the house of represent you ha ives from georgia, from the start he was an engaged and thoughtful leader in support of israel and the u.s. israel friendship. a long time supporter of enhanced security to israel he was instrumental in securing loan guarantees for israel. from the six previous addresses to aipac policy conferences the

speaker has been strong and consistent in his message, particularly with his early and forewarning tone about the dangers of a nuclear iran which, mr. speaker, we well remember and much appreciate. so, ladies and gentlemen, please join me in welcoming back to the aipac policy conference candidate for president and former speaker of the house, newt gingrich. [ applause ] >> thank you very much, and as i understand it, we will take some questions, but first, let me say is on the very first day i'm president, i will sign the executive order to move the american embassy to jerusalem in

recognition of israeli soveriegnty, on that first day, i'll initiate an american energy policy to produce enough american energy that no future president will ever of again bow to a saudi king. and on that very first day, i will initiate a strategy in the tradition of reagan, thatcher, and pope john paul, ii to under mine and replace the iranian dictator ship by every possible method short of war in order to achieve a government we could trust and could deal with. at the same time, i would

provide all available intelligence to the israel government, ensure that they have the equipment necessary and reassure them that if an israeli prime minister decides that he has to avoid the threat of a second holocau is -- holocaust, i need no advanced notice to the action of israel to ssurvive ina dangerous world. i look forward to any questions. i understand you have a panel. >> speaker there's not a panel. >> okay.

>> please do continue, sir. >> let me just say, i said this briefly i think. we need a fundamental reassessment of our entire understanding of the threat of radical islam. we need an administration that has the courage to use the words radical islam. we need a recognition that if a man is arrested, trying to bomb the u.s. capitol and an army major jumps up at fort hood and kills 13 americans and wounds 33, with a card in his wallet saying soldier of ala. if the pakistani government at

least key elements was protecting and hiding bin laden for seven years in a military city, one mile from their national defense university, if karzi stands by mute in afghanistan while religious fa natics are killing americans, there's something pro foundly wrong with our entire approach to the region, and our entire strategy for dealing with radical islam. one reason for energy independence is to say to the saudis, we will no longer tolerate their funding of ideas that teach hatred and terrorism. similarly we need to establish

standards for the united states refugee camps and we need to be clear that the teaching of hatred, the recruiting of mar ters and the anticipation that children will grow up to be killers are not patterns compatible with a peace process and we will not tolerate engaging in a process with people that engage in those behaviors. i believe we are at pa great cross roads. i believe the current administration is failing because they will not allow the fbi to describe accurately the motivations of the bomber, it will not allow the fbi to describe accurately the motivations on of a army major, it cannot deal with the egyptian muslim brother hood with any honesty and the most recent

meeting of muslim countries for the purpose -- was a mistake that should not be repeated. i want you to know that i'm committed to reforming the state department, i'm committed to reforming the united nations i'll follow an american foreign policy, seeking american strength to ensure that we can stand with our friends around the world and in a gingrich administration, we would not keep talking while the iranians keep building, we would indicate cloorly that their failure to stop their program is in fact, krosing a red line, the red line is not the morning the bomb goes off, it's not the morn the intelligence community tells us they failed once again, the red line is now, because the iranians now are deepening their underground laboratories and

deepening their commitment to nuclear weapons, while we talk, it's an unacceptable risk and we should rebuild and modernize our military not cripple and it and diminish it and that would be a difference between an obama administration and a gingrich administration, i look forward very much to working with you, as was said earlier, i have a long history of working with the israel, i look forward seeing you all in the up coming campaign. thank you, very, very much. [ applause ] mr. speaker, we do in fact have time for a question or two, i would like to pose this one. can you elaborate on the ways in

which, beyond specifically the threat to israel, you see a nuclear capable iran threatening the broad range of u.s. security interests around the world? >> well, let me say, first of all, i think a nuclear armed pakistan and iran are both threats because either one could have factions which leak nook lar weapons to terrorists, they can have a bomb in a cargo ship, they can have a bomb in a truck that crosses the border, there are a variety of ways to deliver bombs, we have to be planning on the fear and the legitimate fear that we could have not 3100 dead, but 30 thousand dead. we warned about it in the hart-redman report, before the attack on 9/11 and after three years of study, it said the

greatest threat of the united states is a weapon of mass destruction going off in a city probably by a terrorist. the irans are more dangerous because their leadership has openly said that they want to wipe israel off the face of the earth and the leader is a holocaust denier. so, they are a much greater danger but the minute you have a nuclear arped iran, they will intimidate all the countries in the persian gulf. as we cripple our programs, the persian gulf is where world economy operates. it's a threat to have them be a able to threaten casualties to the u.s., it's a risk to the region and a substantial risk to the united states and ultimately

it is something that cannot be tolerated. >> thank you, mr. speaker. you started this morning by talking about your commitment to the u.s. embassy being in the capitol of jerusalem and we know your commitment to that goal is based in part of your own personal connection to israel, the country and its people. can i ask you, please, for those in the audience who have not heard you speak about it before, to talk about i donyour own impressions of israel the country, israel the society? >> i was moved to be part of the 3,000th anniversary of the founding of david city, for anybody in our tradition, israel is the promised land has an echo that goes to our very heart and it's a deep part of who we are

as a peeople. i grew up being reminded of the importance of israel, the term gideon's army. sampson bringing down the temple. the fact is that it is all throughout our culture. when you go to israel, what is striking, is that here are people with courage and a zest for life and tremendous energy and maybe the most argumentative people on the planet, growing and doing well. there's a joy of being in israel of seeing the night life, to talking to the scientists and going out and visiting the farmers to understanding that the courage that grew the country starting in the 1940s is

the courage that is still there. and it leads to a very deep and simple prospect. for the united states to turn its back on the only true functioning democracy in the middle east, for the united states to tolerate the elimination and it would literally be a destruction of an entire people would be so against everything that we believe in, every part of our romantic statement that we are endowed by our creator for the pursuit of life, liberty and happiness so we are morally, not just out of national security concerns, we are morally as our identity as a people tied to the

land that god gave, and tied as a history of a people of the book, so in my minds, it's a first principal of any healthy american administration. the challenge to us and i mean this with all of my heart and it's a major reason i'm running, i believe we have to funl fundamentally rethink our strategies and that means overhauling the state department and liberate and change the intelligence are community, which is today incapable of doing real work on its own. we need a national debate, because i believe the threat to us from radical islam is vastly greater than the current political structure understands and the challenges of dealing with it over the next half century or longer is more complex, and it requires not just daily building of this system or that system, it requires a resetting of the

conversation in middle east and a scale of change that is currently unthinkable, on that scale of change, we will on the edge of war for the rest of our lives and our children's lives. it's an important type and our state department is fundmentally wrong our intelligence department is timid in how it approaches it and our congress is having the wrong debates on the wrong topics at a time when we should be fundamentally rethinking what are we doing and how are we going to win this struggle. i appreciate the work that aipac does, without it we would not have a foreign aide program, it's not that it carries israel, it's the fact that people care about the american slrn israel championship, they have done 95% of the work that keeps it working internationally. whatever your commend

you for being so committed to a better for your country. thank you for taking time for talking to us today. thank you very much. >> thank you. >> ladan been a historic policy conference, we thank you all deeply on behalf of aipac for traveling to washington to be part of it, and now, we will all take what we learned in the next few days and the agenda on which we are focused to capitol hill, safe travels returning home, we look forward to seeing you at next year's conference. thank you very much ♪

♪ and our live coverage continues this afternoon as the senate foreign relations committee loo looks at the u.s. international development, raji, shal is going to testify, they are asking for an increase in 1.5%, that hearing starts at 2:30 eastern.

the plan for mortgage relief for members of the military and home owners with fha major lenders to compensate service members and veterans who were foreclosed upon or denied lower interest rates. that's live at 3:15 on c-span 2. tomorrow, defense secretary leon panetta and joint chiefs of staff chairman general martin dempsey will be on capitol hill testifying about the situation in syria. they will be before the senate armed services committee. we'll have live coverage on c-span 3 at 9:00 in the morning. today, super tuesday, where voters go to the polls in ten states to choose a republican presidential candidate. 419 delegates are at stake today and we'll have live coverage of election results tonight on the c-span networks, cspan.org and c-span radio. >> watch super tuesday election results tonight on the c-span networks. while you watch, use our second

screen web page with your tablet or laptop computer to see result maps, social media quotes from candidates and reporters and a public forum for your tweets and those of other viewers. you can also monitor our mentioned on c-span blog where we will post super tuesday news stories. use a laptop or tablet to expand your viewing on our web page made especially for super tuesday coverage. c-span.org/screen2. >> now a speech from the leadership program of the rockies annual retreat in colorado springs. you'll hear an address on the world economy, plus an evaluation of the economic plans of the four republican presidential candidates by author and campaign consultant, richard rahn, an economist. you will hear more about his career in this introduction. the event is 55 minutes. >> we ready to go?

let me just dive right in and introduce our first speaker to get us started off with today's list of presentations in perfect fashion. richard rahn is a senior fellow at the cato institute and chairman of the institute of economic growth. global economic growth. he also writes a syndicated weekly economic column which is published in "the washington times," news max and many other places. he serves on the editorial board of the cayman financial review and on the governor of virginia's joint advisory board of economics. dr. rahn served for two terms as the first non-caymanian member of the board of directors of the cayman islands monetary authority which regulates the world's largest offshore financial center. in the 1980s, dr. rahn served as vice president and chief economist of the chamber of commerce of the united states and as editor in chief of the journal of economic growth.

previously, he was executive director of the american council for capital formation. in 1982, president reagan appointed dr. rahn as a member of the social security advisory council during 1988, during the presidential campaign of that year, he served as an economicv. bush. in 1990, dr. rahn founded the novacon companies which includeded sterling dow corning. he continues to serve on boards of private companies. the professor has taught at florida state, george mason, george washington, and rutgers university, and at the polytechnic institute of new york where he served as head of the graduate department of management. he also was an instructor for the united states air force and the washington economic -- and he was the washington economic advisor for the new york

mercantile exchange. he has written hundreds of articles for "wall street journal," "new york times," "usa today" , american spectator, weekly standard, national review and national interest. he has contributed to numerous books and professional journals and is the author of the book "the end of money and the struggle for financial privacy." as an economic commentator, he has appeared on the today show, good morning america, kudlow and company, wall street week, pbs news hour and crossfire and was weekly commentator for radio america. he has testified before the u.s. congress on economic issues more than 75 times. during these turbulent times around the globe, dr. rahn's insight in the world's financial picture will come in handy. please help me welcome one of our favorite economists, richard rahn. [ applause ] >> bob, thanks so much. it's great to be here with all of you.

shari called at the last moment, said we would really like to have marco rubio but for some reason, he can't do it, and i couldn't figure out why she wanted him over me, except he's younger, better looking, more articulate and likely president of the united states. but other than that. actually, i have to say i do have my favorite presidential ticket, paul ryan and marco rubio, not sure in which order, but i would love to have those two guys. it was a little difficult at the beginning here because i actually was in yesterday morning, i had breakfast in geneva, switzerland, and even with air travel, it's not all that easy to get here. but they do have direct flights from frankfurt to denver so i did make it, as you see. now, i have been assured you're a politically incorrect crowd but i want to test that out.

when sir winston churchill, i'm a great fan of churchill's -- [ applause ] >> when sir winston gave up the prime ministership in britain for the second time, he was quite elderly at the time, and he decided to go on a cruise, and he picked an italian boat, and a reporter from the bbc came up to him and he said sir winston, the "queen elizabeth" is a perfectly serviceable ship. why are you going on an italian boat? and sir winston thought for a moment and he said three things. first of all, on the italian ships, the cuisine is superb. second, the service is marvelous. and third, if anything should go wrong, there's none of this nonsense about women and children first.

well, the world situation's a bit like britain's situation in 1940. that was one reason i was thinking of sir winston. we have this global debt crisis which you are acutely aware of. the left seems to be baffled by it all, as they are with most things that are sensible, but just think about it in your own lives. if for a number of years, you spent 40% more than you took in in income or if your own businesses spent 40% more than they took in in income, they would both be, you or your business would both be in deep trouble, right? what would happen? eventually go into bankruptcy. well, the u.s. government, since mr. obama's been in, has been spending 40% more each year than we take in in tax revenue. and again, he came out with his new budget which i look at as

the most irresponsible budget ever put forth by a president of the united states, because again, it continues on the same old nonsense, 40% of the government spending is financed through debt. now, he did put a thing in there, he was going to get some back through tax increases on the rich. how many of you make $1 million a year or more? these lights are very bright, it's hard for me to see, having only one eye to begin with. see, i guess there's about 50, 60 hands up out there making more than $1 million a year, is that right? but let's ask precisely how is this going to come about? let's just take an average rich person, john kerry, senator from massachusetts. he's married well a couple times over the years. and he has a very high income

but i know when he did his disclosures when he ran for president showed much of his income came from state and municipal bonds. they are tax-free. now, are we suddenly going to reverse that and make that -- again, the president said they have to pay 30%. well, most of these people who make $1 million a year or more aren't making that in salary. they make it through capital gains, dividends, interest and again, much of the stuff comes from state and local municipal bonds tax-free. there are many ways. but if you are going to suddenly take away that allowance, how many are in favor of that out there, taking away tax deductibility? well, it's probably not going to be real popular, particularly amongst state and local government officials. if you increase the capital gains tax rate to 30%, it'