who at barclays said concerns with these various agencies? >> i do not know the exact level of every meeting. i think one of the letters, there is a discussion of who the people were on both sides. is there not? it will not provide that information? >> i am just asking if you knew who the people were raising these concerns. >> it was often in the group treasury. in some cases, from the compliance area. >> to you have compliance people -- so you have complied people making approaches to regulators. the bank of england is named. >> a suspect the conversation

came up in the general sense that we talked about earlier about the wall street journal report. >> how long had barkleys been concerned about other people making the libor rate -- >> this became a much bigger concern during 2007 and 2008 because rates have been fairly steady. liquidity was plentiful. all of a sudden there was a financial crisis and we had much more volatility in rates and banks were having difficulty lending to each other which is the genesis of liber -- libor.

there was far less liquidity in the markets. it was coming from money funds, large corporate, asset management firms. but were higher levels of capital required and higher charges. >> there was a fundamental change driven by those factors. >> some of the rate he received [unintelligible] >> not just that. there appeared to be postings being made at levels people would not be able to borrow. >> what was t response from the bba and fsa and others

when you raised concerns of some of the rates your competitors have? >> various levels of acknowledgement but no action. >> the thing i find odd is that between january of 2005 and july of 2008, [unintelligible] reputation risk-management. barclays -- you did not appear to know what was happening internally until very late. it strikes me as odd that barkley's people were able to notice other people doing this but no one internally was able to identify that it was going

inside -- going on inside the bank. do you understand why we find that difficult to believe? >> it is why i have been very clear today that -- to not conflict the three issues. the issue with the traders on the -- >> i'm familiar with the various reasons. i am asking why people at barclays notice other people doing this but were unable for what ever reason to recognize it going on internally. >> it is a completely different issue. barclays was talking to the

authorities about the relative ranking elaborates -- of libor rates. >> but it is not a different issue at all. except barclays notice of the people doing it but could not notice themselves doing it. what was the fall in management -- the flaw in mannesmann that allow your people to see other banks but not what was going on internally? >> ipad the trader behavior we have been through -- i think the trader behavior we have been through -- the issue should've come up to see management. it was an attempt to get -- not to impact libor rates. >> so as not to be noticed to

manage the risk. your people were submitting rates. >> this behavior was discussed with the fsa. there were discussions between compliance and the fsa about the fact that people were trying to get back into the pact. >> when you say discuss with the fsa, d amine during the inquiry or what was happening prior to the -- do you mean during the inquiry or what was happening prior to the inquiry? >> i think they would say they had a different interpretation of the meetings but what came back to barkley's and the chief operating officer was that it was all -- i think it is all documented in the report. >> the discussion with mr.

tucker. you said -- [unintelligible] did he speak to ministers or officials in the treasury about that matter? >> yes. i cannot remember the exact conversation i had with john after that but he did follow up. right in that today window before we completed the equity transaction in abu dhabi. it was a delicate time. >> it would be useful to know who you spoke to and what the nature of that conversation would be at some point. >> i will see if we can provide that. >> you have explained how there

might be some misunderstanding. i understand that. what i am not clear about is what is your understanding of what mr. tucker wanted you to do? >> i think that was the source of confusion within barkley's -- barclays. this was not the first conversation i had with paul or jerry and i had with paul r. jerry had had with paul. paul posted job is to work with people at our level. he is closer to the activity than i was. sometimes it would go right to jerry. it was a broad discussion about barclays as high relative to the others. we had many conversations about it. >> what is it you thought mr. tucker wanted you to do?

>> he was pointing out the problem and i was pointing out that the problem was not with barclays. >> what did he want you to do about it? >> as i said, i did not take it as a directive. i took it as a head up that youare -- you are high. what i said there was pretty clear. i said the reality is that we are reporting rates at which we borrow. it appeared giving that a number of the institutions posting below us had to take government money that they are not posting at those levels. this is the same issue that the wall street journal reported on. the same issue that bloomberg reported on. the same issue that the federal reserve report after the crisis reported on. i do not think anyone should be surprised these conversations were happening.

it did not cross your mind to launch an investigation inside your own organization to check that this did not mean you as well? >> of course we knew our policies. i was under the impression that -- >> it did not occur to you to say, let's check? >> as i said, i re-confirm our -- >> [unintelligible] >> i reaffirmed it in that note. fromm holding an article may 29 of 2008 which says, banks routinely misstated borrowing costs to avoid the perception they had difficulty raising funds as credit markets

[unintelligible] you had in your own organization -- [unintelligible] you could not have been aware at that time. >> let me say this again. i'm not excusing any behavior. if we can have a bigger discussion. what i said is this is not just barclays. you keep coming back to barclays. >> that is the institution you are responsible for. >> can i finish? you will see that throughout 2007 and 2008, no institution of the 16 banks with at the higher

and more consistent than barclays. questions was getting and we were saying we were high because of the -- for someone to sit there was a big concern, clearly there was an issue there. with that, there was pressure being put to get back into the pact. i am not excusing that behavior.

took -- they will see that in the context of the swap. the transaction in italy last year. that is the context. that is what was deeply flawed and deeply corrupted. that is what went wrong. >> i hope we look at that in the

context of decisive action. when there is a problem, we will get to the bottom of it. within the broader industry issue -- a number of years ago -- >> two more colleagues want to chip in. we will finish in less than three hours. >> given the fact that strategy had been shared -- on march 5, 2008, the fsa contacted barkleys to ask for information. they asked them to provide information, including the rate that barclays was currently using.

in a statement, barclays said they were at a bar -- had a lot more of 20 basis points. that was in a discussion -- manager b stated, i would not go there for a moment. the senator stated -- if they are really trying to do something useful, we want to acknowledge they had been worried, because it might be accountable. barclays informed the fsa. the truth is that -- you lied to them. >> there were other meetings and there is documentation of that.

>> my question is very simple. i am very suspicious of the libor submissions. reading through the new york report, they talk about it. of two or three years. it. of two months or three months. >> what i thought was presented and what was done by barclays -- what i thought was in my pack, the same as your pack, was in 2007 and 2008. if you do not have those, i am sure barkleys would be happy to send them to you. you can also look at the 1 months to 12 months -- the stories are similar.

you can look to other currencies, like sterling or oreo. i could have your office did that. there was no -- there is no attempt here other than communications other than the discussion paul and jerry -- jerry and i had. many of the other issues were around three months. the sterling -- we can send you the sterling as well, if that helps. >> that would be helpful for the commission. >> mr. dimon, we tried, at any rate, -- mr. diamond, we have tried to contact barkleys over the past three hours. we had readings we had heard about -- market readings in the other direction, underreporting during the financial crisis,

which goes to the highest levels. of course, we had the extraordinary situation wister -- where mr. del missier did not seem surprised that he had gotten information from you to adjusted libor returns. that is a concern to this committee. have you anything you want to add in response to that? >> i appreciate the opportunity to go here -- come here. chairman, as you learned today, as soon as the behaviors we discussed in the report, as soon as they were identified, they were acted upon immediately. nothing was -- no expense was spared in taking the right action. when activities like this are

found, with the culture i want to see it barkleys -- when there are mistakes, we admit them, we learn from them, we act on them , and they have consequences. this was -- the second thing i would say in response to that is that it is typical for barclays, a firm i care about so deeply, to be isolated on this. i worry -- i know barkleys. if we have another situation going forward, we will act the same way, come out and the first and corrected. but i worry that the impact of that this was, because we were most cooperative, because we put the most resources into this, the reaction to the one firm that is out first outside of the industry does not create great incentives for others to come forward. at the end of the day, i look

forward to the continued investigation around the issues surrounding libor. some of those issues are profound. if there is anything that barclays can do to help in that process, i know that we will. >> it has not been an easy few days for you. it has not been an easy hearing for you. we are grateful for you to coming this afternoon. thank >> today on "washington journal," efforts to improve the economy. we look at whether the economy benefits more from drug growth

or greater wealth creation. then an examination of how the black community is impacted by u.s. government policies. we will hear from the u.s. census bureau. later, "washington journal" series on international news bureaus with the bureau news chief of bbc and how they plan to cover the upcoming elections. "washington journal" is live at 7:00 a.m. eastern on c-span. >> the life of a sailor included scrubbing the deck in the morning, working on the sales, climbing aloft, what ever the duties were a sign, then drill practice by the end of the day, you are ready for arrest but you don't get a full eight hours sleep. aboard a ship like constitution, is four hours on, four hours of. >> the life of an enlisted man

aboard the u.s.s. constitution during the war of 1812. >> the sailor lives in fear of the possibility of being whipped by cattle nine tales which was carried by a petty officer in a bag and the thing a seller never wanted to see is a petty officer who was getting ready for a flogging. we still use the phrase today -- don't let the cat out of the bag. >> that is sunday at 7:00 p.m. eastern and pacific. also, more from "the contenders," our series on key political figures who ran for president but lost the change political history. this weekend, former new york governor al smith. >> today, present obama had a two-day bus tour through ohio. he had a rally that -- he will have a rally at carnegie-mellon in pittsburgh. we will bring it to you live at

1:50 p.m.. a form on the future of the middle east today with four young people from israel and the palestinian territory. you can see this event from the johns hopkins school of advanced international studies live at 9:30 a.m. on c-span 2. >> we had pulled into the reviewing that morning around 9:30 and we were in the middle of the harbor. >> the former commanding officer of the uss cole on the events surrounding the al qaeda october 2000 attack that left 17 dead and 37 injured. >> i return to my desk to do routine paperwork when at 11:18 in the morning there was a thunderous explosion. you could feel all 550 tons of destroyer quickly and violently thrust up and to the right. it was like we seem to hang for a second and the ship was doing and ought three-dimensional twisting and came back down in the water and lights went out

and ceiling tiles popped out and everything on my desk lifted up and slammed back down. i literally grab the underside of my desk embraced until the ship stopped moving. >> more sunday on "q &a." >> president obama kicked up his two-day bus tour thursday in maumee, ohio, 10 miles south of toledo where he addressed the economy, his efforts to save the hottest industry, and his announcement -- and the auto industry. and closing on fair trade duties in automobile exports from the u.s. this is 35 minutes.

>> hey! [applause] hello, ohio! [applause] hello! it is good to be back in ohio. all right. well, everybody who's got a chair, feel free to sit down. just go ahead and relax. i know it's a little warm out here, but this is how summer is supposed to feel like. a couple of people i want to acknowledge. first of all, please give ina a big round of applause for the great introduction. we're proud of her. [applause] i am so pleased to see once again the outstanding mayor of maumee, tim wagener. [applause] there he is. one of the best senators in the country -- your senator, sherrod brown. [applause]

one of your outstanding members of the congressional delegation -- marcy kaptur is here. [applause] and your former governor and my campaign co-chair -- ted strickland is in the house. [applause] >> we love you! >> i love you! it's great to see you. [applause] i hope everybody had a wonderful fourth of july. [applause] we invited some people over for a barbecue -- [laughter] -- had a chance to say thank you to our incredible men and women in uniform. [applause] and we're so proud of them. and then it was malia's birthday yesterday. [applause] she's 14 years old -- i know, it

happens too fast. [laughter] don't even remind me. she's going into high school next year. which means that she's -- see, when she was small i could say, all these fireworks i had arranged for her birthday. [laughter] but she doesn't believe me anymore. [laughter] now, unless you have been hiding out in the woods somewhere, you are aware of the fact that it's campaign season. >> we're fired up and ready to go! >> you're fired up! [applause] it's campaign season again. look, i understand it's not always pretty to watch. there has been more money flooding into the system than we've ever seen before. more negative ads, more cynicism. most of what you read about or

hear about on the news has to do with who is up or down in the polls, instead of what these issues actually mean for you and for america. so it can be frustrating. and i know sometimes it may be tempting to kind of turn away from all of it, and just turn off the tv, tivo everything that you want to watch so you can skip over the commercials. it's easy sometimes, i think, to lose interest and lose heart when you hear what's going on in washington. and i'll be honest with you -- i think there are some folks who are betting that you will lose interest, that are betting that somehow you're going to lose heart. but here you are in the heat. [applause] i'm betting you're not going to lose interest. >> no! >> i'm betting you're not going to lose heart. >> no! >> i still believe in you.

i'm betting on you. and the country is betting on you, ohio. [applause] because you understand that, even though politics may seem real small right now and may seem real petty, the choice in this election could not be clearer. and it could not be bigger -- the stakes could not be bigger. >> you can do it! >> i know -- with you. [applause] what's going on in this election is bigger than just a choice between two candidates or between two parties. it's about two fundamentally different visions of where we go as a country. see, i believe in an america where no matter who you are, no

matter what you look like, no matter where you come from, you can make it if you try. [applause] we've never been a country that -- we've never been a country looking for handouts. we're a nation of strivers and risk-takers and entrepreneurs, workers. [applause] but what we ask for is that hard work pays off, that responsibility is rewarded. the idea is if you take responsibility for your life, if you put in the effort, if you do the responsible thing, then you can find a job that pays a living wage, that you can look after your family, that you can buy a home, that you can retire with some dignity and some respect, that you won't go bankrupt when you get sick -- [applause]

that you have that core, middle-class security that built this country, and that you can pass that on to your kids so they can do things that you never even imagined. that's the essence of america. and i believe in that basic promise of america because i lived it. that's my biography. i had grandparents whose service at world war ii was rewarded by them having a chance to go to college and buying their first house -- because i had a hardworking mother who raised me and my sister right, but also had some help so that we could end up going to the best schools in the country even though we didn't have a lot of money. i got involved in politics.

i ran for president in 2008, and some of you joined me in 2008 -- [applause] because we believed in that basic bargain that built the largest middle class in history and the strongest economy in the world. and we felt like that basic bargain was slipping away, that hard work wasn't always rewarded, that being responsible didn't always get you ahead, that folks who acted irresponsibly sometimes were making out like bandits while ordinary folks were having a tougher and tougher time. so we came together in that election -- democrats, but also independents and, yes, some republicans -- to restore that basic bargain that built this country. and we knew at the time it wouldn't be easy. we knew it would take more than

one year or one term or maybe even one president. but what we didn't realize at the time was we were going to be hit by the worst economic crisis in our lifetimes. and that's been tough on a lot of folks, including people here in ohio. it robbed millions of people of their jobs and their homes and their savings. and it pushed the american dream even further from reach for a lot of people. but you know what, this crisis has not changed the fundamental character of america. it hasn't changed the fundamental character of this town, or this state, or this part of the country. we've still got people who are working hard. we've still got people who are acting responsibly. [applause] it hasn't diminished our belief in those ideals we were fighting for in 2008. [applause] and our mission right now isn't

just to recover from this economic crisis, although that's job one. our mission is to give back to america, to americans all across the country, what's been lost -- that sense of security. our goal isn't just to put people back to work tomorrow; it's also to build for the long haul an economy where hard work pays off -- [applause] an economy where everybody, whether you're starting a business or punching a clock, has confidence that if you work hard, you will get ahead. that's what america is about. that's what ohio is about. [applause] now, i got to tell you, what's holding us back is not -- >> where is michelle? >> where's michelle? [laughter] look, i know i'm second fiddle -- [laughter]

but i'll have michelle come back sometime. [applause] i'm just the warm-up act. michelle says hi. [laughter] >> we love you, mr. president! >> thank you so much. i appreciate it. now, let me say this. what's holding us back from going ahead and meeting these challenges -- >> four more years! four more years! four more years! four more years! >> what's holding us back from meeting our challenges -- it's not a lack of ideas, it's not a lack of solutions. what's holding us back is we've got a stalemate in washington between these two visions of

where e country needs to go. and this election is all about breaking that stalemate. the outcome of this election will determine our economic future not just for the next year or the next two years, but maybe for the next decade or the next two. and i want everybody to be clear about what this choice is. my opponent and his allies in congress, they believe prosperity comes from the top down. they believe if we eliminate most regulations and we cut taxes for the wealthy by trillions of dollars, that somehow our whole economy will benefit, and all of you will benefit, and there's going to be more jobs and better security for everybody. that's their basic economic plan. now, i think they're wrong about their vision. and part of the reason i think they're wrong is because we tried it, remember, just a while back --

>> it didn't work. >> and it didn't work. we're still paying for trillions of dollars in tax cuts that weren't paid for and didn't lead to better jobs or better wages for the middle class. the lack of regulation on wall street, the kind of thing that they're prescribing, that's exactly what allowed people to game the system that caused this whole mess in the first place. so, no, i don't think that mr. romney's plan to spend trillions of dollars more on tax cuts for folks who don't need them and aren't even asking for them is the right way to grow our economy -- [applause] especially since they want to pay for it by cutting education spending and cutting job training programs and raising middle-class taxes. >> no! >> and i sure don't agree with his plan to keep giving tax breaks to companies that ship jobs overseas. [applause]

i don't think we're better off by rolling back regulations on banks or insurance companies or oil companies -- >> no! >> regulations that are meant to protect workers and consumers and families and our economy. so we don't need more top-down economics. we've tried it. it did not work. what we need is somebody who is out there fighting for the middle class and wants to grow the middle class. [applause] when the american auto industry was on the brink of collapse, and more than one million jobs were on the line, governor romney said we should just let detroit go bankrupt. that's what he said! i refused to turn my back on communities like this one. i was betting on the american worker and i was betting on american industry. [applause] and three years later, the american auto industry is coming roaring back. [applause]

that chrysler plant up the road bringing on another 1,100 employees to make the cars that the world wants to buy. the wrangler built right here in toledo just set an all-time sales record. [applause] what's happening in toledo can happen in cities like cleveland, can happen in pittsburgh. it can happen in other industries. and that's why i'm running for a second term as president, because i'm going to make sure that it does. i want it happening all across this country. [applause] >> four more years! four more years! >> just like ina said, i want goods shipped around the world,

stamped with "made in america." [applause] unlike my opponent, i want to stop giving tax breaks to companies that are shipping jobs overseas, start rewarding companies that are investing right here in toledo, right here in ohio, right here in maumee. that's what i'm looking for. [applause] >> we are, too! >> governor romney's experience has been in owning companies that were called "pioneers" of outsourcing. that's not my phrase -- "pioneers" of outsourcing. my experience has been in saving the american auto industry. and as long as i'm president, that's what i'm going to be doing -- waking up every single day thinking about how we can create more jobs for your families and more security for your communities. [applause]

that's why my administration brought trade cases against china at a faster pace than the previous administration -- and we've won those cases. just this morning, my administration took a new action to hold china accountable for unfair trade practices that harm american automakers. [applause] and let me tell you something. americans aren't afraid to compete. we believe in competition. i believe in trade. and i know this -- americans and american workers build better products than anybody else -- [applause] so as long as we're competing on a fair playing field instead of an unfair playing field, we'll do just fine. but we're going to make sure that competition is fair. that's what i believe. that's part of our vision for america. [applause] but that's not all it takes to rebuild this economy. i'm running to make sure that america once again leads the world in educating our kids and training our workers. [applause]

our tuition tax credit has saved millions of families thousands of dollars each -- and now i want to extend it. we won the fight in congress to stop congress from letting student loans double. [applause] and now we're working with colleges and universities to start bringing tuition costs down. [applause] i want our schools to hire and reward the best teachers -- [applause] especially in math and science. i want to give 2 million more americans the chance to go to community colleges and learn skills that local businesses are looking for right now. see, in the 21st century, a higher education is not a luxury; it is an economic necessity for every single one of our young people -- [applause] and folks who are retraining to

get the jobs of the future, and our veterans who are coming home. and we need to take care of all of them and give them those opportunities to work their way into the middle class. [applause] god bless you. thanks for your service. >> my pleasure, sir. >> god bless you. freedom is not free, and you fought for it. [applause] i'm running to give more responsible homeowners the chance to refinance their mortgage and save $3,000 a year. [applause] we've got low interest rates right now, but a lot of folks are having trouble refinancing with their banks. we've said to congress, let's go ahead and help them refinance, because that extra -- can you use an extra $3,000? >> yes! >> and that means you're spending at restaurants and you're buying stuff at the store and -- you're buying some clothes, is that what you said? [laughter]

that you're putting that money back into circulation -- that's good for everybody. it's good for small businesses; it's good for large businesses. we've already given thousands of families the chance to do this. my opponent, his plan for the housing market is to let it hit bottom. >> booo -- >> that's not a plan. that's a problem, that's not a solution. i'm running because i believe that in america, nobody should go bankrupt because they get sick. [applause] i'll work with anybody who wants to work with me to continue to improve our health care system and our health care laws. [applause] but the law i passed is here to stay. [applause] and let me tell you something, maumee.

it is going to make the vast majority of americans more secure. we will not go back to the days when insurance companies could discriminate against people just because they were sick. we're not going to tell 6 million young people who are now on their parent's health insurance plans that suddenly they don't have health insurance. we're not going to allow medicare to be turned into a voucher system. now is not the time to spend four more years refighting battles we fought two years ago. now is the time to move forward and make sure that every american has affordable health insurance -- [applause] and that insurance companies are treating them fairly. that's what we fought for. that's what we're going to keep. we are moving forward. [applause] >> four more years! four more years! four more years!

>> and, maumee, i'm running because after a decade of war, it's time to do some nation- building here at home. [applause] we ended the war in iraq. we are transitioning out of afghanistan. my plan would take half the money that we've been spending on war, let's use it to put people back to work rebuilding our roads, rebuilding our bridges, rebuilding our schools, getting those construction workers out and about rebuilding america. [applause] that's how we build our future. we can't go backwards. we've got to move forward. i'm running to make sure that we can afford all this by paying down the debt in a balanced way, in a responsible way. keep in mind, we had a surplus last time there was a democratic president. [applause] they ran up the tab, put two wars on a credit card, tax cuts

not paid for, prescription drug plan not paid for, left us the tab. well, we're going to clean it up, but we're going to clean it up not on the backs of the middle class -- we're going to do it in a balanced and responsible way. i'll cut spending like we already have on things we can't afford and aren't helping people. but unlike my opponent, i'll ask the wealthiest americans who enjoyed the biggest tax cuts over the past decade to do a little more. [applause] and by the way, just like we know what they did didn't work, we know what i'm talking about did work, because what i'm talking about is what bill clinton did as president. our economy created 23 million new jobs, the biggest budget surplus in history, and by the way, we made a whole bunch of millionaires as well. [applause] it wasn't like rich people were doing bad back in the '90s. they were doing just fine, right?

>> right. >> and you know what, there are plenty of patriotic, successful americans who agree with us. they want to do the right thing because they care about this country. on jobs, on education, on housing, on health care, on retirement, on all these things that are the pillars of a middle-class life, we can't go backwards. we've got to go forwards. and that's the choice facing us this november. and the choice could not be more clear. now, i'm not here to tell you, ohio, that this is going to be easy, or it's going to be quick. changes that we're trying to bring about -- we're dealing with problems that happened over the course of decades. they're not going to be changed overnight. and i know sometimes people feel like, well, obama, he's done some good things, but, boy, things are still tough out there, change hasn't happened fast enough. i understand that. i get frustrated, too. but what's required are long-

term solutions, not slick promises, not quick fixes. and there are plenty of well- funded special interests in washington, and their powerful allies in congress, who want to keep things just the way they are. but don't ever buy the line that they're selling that we can somehow accomplish more by doing less. that might benefit their interests, but it won't benefit yours. that's not how we became america. our parents, our grandparents, the founders of this country, didn't set their sights lower. they didn't settle for something less. and neither do we -- because we're americans. if we're going to be the country we know we can be, we've got to keep doing the hard work of building the future of this country for our kids, just like our parents and grandparents did for us. [applause]

and let me tell you something. from now until november, the other side is going to spend more money than we've ever seen before, and they will be raining ads down on your head. and they'll tell you it's all my fault -- i can't fix it because i think government is the answer to everything, or because i haven't make a lot of money in the private sector, or i think everything is doing just fine. that's what all the scary voices in the ads will tell you. that's what mitt romney will say. that's what republicans in congress will say. and that's their plan for winning an election, but it's not a plan to create jobs. [applause] it's not a plan to provide you with greater security for you and your family. it's not a plan to restore the middle class or restore the american dream. and that's the kind of plan we need right now, is a plan to build the middle class and restore the american dream. and if you agree with me -- if you believe that our economy

works best when everybody gets a fair shot and everybody is doing their fair share and everybody is playing by the same set of rules, then i'm going to need you out there working. and you know what, i need you to talk to your friends and your neighbors. don't just talk to democrats. talk to independents, talks to republicans. [applause] because i want to work with anybody who believes that we're in this together. [applause] i want to work with anybody who believes we've got to invest in our future. i want to work with anybody who thinks we've got to give our kids a great education. i want to work with anybody who believes that we've got to make sure that we're building things here in america. [applause] i'm not a democrat first; i'm an american first. [applause]

i believe we rise or fall as one nation, as one people. and i believe what's stopping us is not our capacity to meet our challenges; what's stopping us is our politics. and that's something you have the power to solve. so hit the doors. make some phone calls. register your friends. talk to those family members who sometimes don't vote. remind them where america's strength comes from -- it comes from our people. remind them how america came this far -- it came because of our people. all this money that's being spent on negative ads in this campaign -- they spent money in 2008. i got outspent when i ran first time for senate. but you know what i have learned? when the american people, when ordinary folks start standing up for themselves, start making

their voices heard, start coming together, start believing again, nothing can stop them. [applause] nothing can stop you. nothing can stop you, maumee. [applause] nothing can stop you, ohio. nothing can stop us, america. [applause] let's remind the world just why it is we live in the greatest nation on earth. [applause] god bless you. god bless the united states of america. [applause] ♪ ♪ ♪ ♪ ♪ ♪

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>> it looked at the political news of the day next on "washington journal." live coverage for pittsburgh later for president obama's two- day bus tour. in 45 minutes on "washington a look at efforts to improve the economy. david harsanyi from "human events" talk about whether the economy grows more for job growth of black and -- what creation. and then we hear from nicholas jones from the census bureau and cynthia korea -- board from theroot.com. 9:15 a.m., the series on international news bureaus continues with simon wilson, washington bureau chief from