tv Presidents Weekly Radio Address CSPAN May 14, 2011 6:15pm-6:30pm EDT
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we need to rebuild our infrastructure, rebuild their educational system, foster innovation. we need to do these things. the fact that thehinese are doing this should be a wake-up call for us to do it, not to blame them for succeeding at what they're doing. host: illinois, your next. caller: i take exception with a lot of the things this gentleman has said. in 1975, cerpillar had 2004 and workers. there presently building three new plants in china which they predicted in five years will employ 65,000 employees. california has 92. it was not for china, are still -- steel mills would be open. china sold their steel so low. i want people to start looking
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at every product in stores to see the china is flooding the stores with child labor -- guest: can answer the question? is caterpillar, are they shift the unitedack to states? it's for sale within china. there was no way be cost competitive. they have not shifted those jobs to china. caller: if we were making it here, we could sell it to try. guest: and be cost competitive with the other earth-movers in china? i do not think that would be a realistic alternative. that is what globalization has done and caterpillar has responded to that. not as if they took the jobs,
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move them to the united states, and started to sell the equipment back in the united states. they set up to be cost competitive to sell into the chinese market which is with the overwhelming majority of u.s. companies have done when they invest in china. they invest in china in order to serve the market. host: off of email, "china has always been a great exporter of goods." off of twitter, "we should worry about what they're doing to this country and its people." on the republican line, you are next. caller: thank you to c-span. my question has to do with the approach you think the united states should take with china. we see that people are very angry and seem very frustrated. when you see someone like mr.
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trump -- host: i think that was in reference to donald trump's statements he made on china. guest: i would need a specific quota. host: sebring, florida. caller: i disagree wh about 90% of what you have said. china imports about eight to one about of what our exports are. cheap chinese junks that goes into landfills. most of these products have toxins like mercury, lead, the we got out of our apartment 30 years ago. do you remember the pet food that they were shipping in that had rat poison? host: what would you like our guest to address?
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we will leave it there. guest: the should safety is a serious one and the government has been trying to put in place controls were by the consumer is protected from exports. the greatest casualty in the food safety problem is, of course, the chinese consumer. the mellow mien -- melamine, it was the chinese that were hurt. the exports were not tainted. the domestic product was. host: mr. orlins, before we leave, a couple of comments. where do we stand on human rights? guest: secretary clinton has
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been very are spoken about the chinese policy on human rights. vice-president by then made statements about china and human rights. again, our view is we need to see mo progress on human rights. it is not something that is particularly conducive to a discussion in public forum. again, i look at this from a historical perspective of what i first arrived in china, what it was like, and what it is like today. and is kind of like up, up, up, down, then >> tomorrow, a political roundtable on the 2012 presidential election.
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shuja nawaz describes the future of u.s.-pakistan relations, and matthew segal. >> i am nude gingrich and i am announcing my candidacy for president of united states -- newt gingrich. with the field of republican presidential hopefuls taking shape, follow the announcement and speeches on their road to the white house and look back on their careers, online with pcs and video library. search, watch, and share. it is what you want, when you want. >> in his weekly address, president obama talks about rising gas prices in his initiative to expand domestic oil production. he also calls for an end to
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taxpayer subsidies of oil companies. he is followed by the republican address with freshman rep martha roby who also discusses gas prices and other economic challenges. >> recently, there have been signs the economy is picking up steam. last month, we saw the strongest job growth in five years. we added more than three- quarters of a million private sector jobs in two months. but there are still too many americans looking for work or struggling to make the bills. paychecks are not getting bigger, but the cost of everything keeps on rising. without a doubt, one of the biggest burdens has been the price of gasoline. in many places, gas is more than $4 a gallon, meaning you could be paying more than $60 to fill up your tank. these gas prices are often
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temporary, and while there are no quick fixes, there are a few steps we should take that make good sense. first, we should make sure that no one is taking advantage of consumers at the pump. that is why we have launched a task force led by the attorney general that has one job -- rooting out sources of fraud or manipulation in the markets that might affect gas prices. second, we should encourage safe and responsible oil production hero home. last year, will production reached its highest level since 2003, but i believe we should continue to expand even as we increase safety and environmental standards. to do this, i have directed the department of the interior to conduct resales in the national petroleum reserve, while respecting sensitive areas. we plan to lease new areas in the gulf of mexico as well and
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work to create new incentives for industry to develop the unused leases both on and off shore. we are also taking steps to give companies time to meet higher safety standards and it comes to exploration and drilling. that is why my administration is studying areas in the gulf that were impacted by the temporary moratorium, as well as areas of the coast of alaska. i am establishing a new team to coordinate work on alaskan drilling co ordinance. finally, we should eliminate the taxpayer subsidies would pay to oil and gas companies. the biggest oil companies made about $4 billion in profit in the last two months each week, and yet they get $4 billion of taxpayer subsidies each year. $4 billion at a time when americans can barely fill up their tanks. $4 billion at a time when we are trying to reduce our deficit. this is unfair.
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it makes no sense. before i was president, the mr. chairman's of these companies even admitted it did not make sense. next week, there is a vote in congress to end this waste once and for all, and i hope democrats and republicans come together and get this done. the american people should not be subsidizing oil companies when they are making near- record profits. we should be investing in clean, renewable sources of energy. that is why we are investing in clean energy technology, making sure that our cars and trucks can go further on a tank of gas. it is a step that could save families as much as $3,000 at the pump. these are investments worth making, investments that will reduce our dependence on foreign oil and protect the health and safety of our plans.
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that is what i will be fighting for in the days and weeks to come. thanks. >> hello. i am representative martha roby. it is an honor to speak to you about the challenges our country faces. i do so not only as a representative of alabama's second congressional district, but also as a mother. i cannot begin to tell you how many times i have gone to the grocery store and found myself in a conversation about the price of gas, the cost of going to the doctor, or how hard it is to get a business selling. the conclusion of these conversations is washington is part of the problem. it is failing to promote policies that will put our economy on a path to prosperity. the price of gas is a good example and a timely one, too. year after year, politicians talk about the pain at the pump, but they never act. the president promoted
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brazilian-made energy in brazil while the administration gives our recess this -- keeps our resources under lock and key. energy production can help address the soaring gas prices. this is also important because when you're talking about energy, we are talking about jobs. the cost of energy is directly related to the cost of hiring workers and running a business. the cost of government is also affecting our economy. washington's failure to enact policies that promote long-term economic growth and balance the budget is creating uncertainty for employers and consumers alike. for years, washington kicked the can down the road without facing its spending addiction. not anymore. the american people reject the idea of giving washington a blank check of increasing the
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debt limit. the house is listening. republicans have made it clear there will be no increase in the national debt limit unless accompanied with significant spending reforms that clue -- that truly change this culture of spending in washington. everything should be on the table. everything. except tax increases. we cannot tax the same people we expect to create jobs. that is a recipe for keeping people out of work. the rules and regulations coming out of washington have employers sitting on their hands of the worst possible time. the republican budget in said the job-crushing tax hikes, and it also preserves critical problems like medicare. the greatest threat is doing nothing. if we do nothing, medicare will run out of money. without action, seniors benefits
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will be caught. under chairman brian's plan, seniors 55 or older, they would not be affected in any way. that is an important point. for those of us under 55, we have to take steps to make sure that medicare will still be around when we retire. it is time for washington to get serious about the challenges that face our country. this includes putting our fiscal house in order and addressing the soaring gas prices. the biggest threat to our economy and our children is to do nothing. we have to act. it is what we were sent to washington to do. i would like to thank all americans for the overwhelming support and prayers for the people of alabama in the wake of last week's devastating tornadoes. we have needed them. as have those in tennessee and all those along the mississippi dealing with this. dealing with this.
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