bill abbott finds it in caffeine. >> taster's choice. i'm a coffee drinker. as i have five or six shots of coffee a day, i'm usually pretty good. that's my choice of drug. i don't know what i'd do if i didn't have coffee. that's what gets me to drawing. this is pretty much what i do all day long. i draw a lot on cards and sell them, draw anything that maybe somebody specifically might want, a portrait of somebody in their family, they buy all the material and i do it. i get paid that way. i had to put my name on the wall. looks a little bit more presentable. >> abbott also uses his art to connect with his mother. >> makes her day when i send her like a "thinking of you" card. she has all kinds of pictures that i've done for her, jesus pictures, pictures of jesus, all kinds of religious pictures i like to do. >> she's religious? >> yeah, christian. >> as though his devil horn tattoos aren't ironic enough for a christian-themed artist, abbott is also serving 40 years for stealing from and burning down a historic catholic church in his hometown. and while he cla

if the new covidien sells for the same multiples as abbott labs, which is reasonable -- abbott trades at 16.5 times estimates -- the covidien trade-off should trade about $68, only a couple bucks higher than it is now, but we haven't counted the value of the mallinckrodt stub yet. i said we were give mallinckrodt for free at the valuation at the time. now after the rally, it still looks like you're getting mallinckrodt for free. the company gets half of its sales from injectible products that are used in various diagnostic imaging applications. then the other half of mallinckrodt is their speciality pharma business, most of which involves making active pharmaceutical ingredients as well as selling long-acting generic painkillers and adhd drugs. only a tiny piece of mallinckrodt representing 8% of sales actually involves selling branded drugs with patent protection. here their focus on developing abuse-resistant painkillers in drugs that treat specificity. they have two pain drugs in the pipe with abuse-deterrent characteristics and a drug for osteoarthritis. the fda asked for more dat

if the new covidien sells for the same multiples as abbott labs, which is reasonable -- abbott tradestimates -- the covidien trade-off should trade about $68, only a couple bucks higher than it is now, but we haven't counted the value of the mallinckrodt stub yet. i said we were give mallinckrodt for free at the valuation at the time. now after the rally, it still looks like you're getting mallinckrodt for free. the company gets half of its sales from injectible products that are used in various diagnostic imaging applications. then the other half of mallinckrodt is their speciality pharma business, most of which involves making active pharmaceutical ingredients as well as selling long-acting generic painkillers and adhd drugs. only a tiny piece of mallinckrodt representing 8% of sales actually involves selling branded drugs with patent protection. here their focus on developing abuse-resistant painkillers in drugs that treat specificity. they have two pain drugs in the pipe with abuse-deterrent characteristics and a drug for osteoarthritis. the fda asked for more data on that one in

in the 5-1/2 months since then, abbott labs had a return. that means there's more room to run for both stocks even after the split happens. so own both mallinckrodt and covidien. this is a big but, you own then differently. covidien is an investment, their products are in just about every hospital in america, the analysts will go crazy for it when mallinckrodt is spun off. but mallinckrodt will be for speculation, there's value to be brought out here, as they will be able to focus on the drug business, and i know that mallinckrodt will be facing increased generic competition next year, so you probably want to sell it before next year starts. just don't sell it he immediately. they can both go higher after the split, i learned the lesson, i'm at thing you to hold on. remember, covidien has been playing this game for a year and a half. covidien will be a medical device company that will shine. it will post consistent 4% to 6% organic growth. with double digit long-term earnings. and let's not forget, covidien's 3 billion dollar buy back is equ

as you mentioned greg abbott said that the voter i.d.sed in 2011 would take effect immediately. but they also regulated things on polling places on mail balloting, all sorts of regulations that are aimed at shaving off democratic voters. and i'll give you one quick example. >> please. >> in that voter i.d. law, they allow for the use of military i.d., they don't allow for the use of student i.d. clearly favoring voters that tend to be more conservative over those that tend to be more democratic. >> congressman, you're a member of congress as well. and the supreme court has kicked this across the street into your and your colleagues laps. have you had conversations with your colleagues about attacking this problem immediately? >> quite honestly, it's a tough conversation, for a lot of republicans, who especially in the states that you mentioned, the nine states, often times where the republican primary is controlled by tea party folks, it's going to be tough for some of them to essentially come to an agreement where they're admitting, hey

. >> polls show a greater threat to opposition leader tony abbott when voters to take to the polls. the election was set for september, but could be brought forward. >> the australian people have dealt for long time with the bickering and fighting. they will be looking for to electing their own leader. ofmr. rudd have any chance leading his own people, he will have to prove he can lead a unified party. >> the mongolian president has been reelected by a narrow margin. vote.bout 50% of the he campaigned on building mongolian wealth from foreign investment and mining. the german chancellor says she welcomes talks with turkey about joining the european union. but angela merkel said turkey's application will depend on its human-rights record and reform. it has been criticized for its recent crackdown on protesters. about 1 million portuguese workers have called for a 24 hour strike against austerity measures. the second time since 2011 that the two largest trade unions have been acting together in protest of the government's measures. portugal received a $100 billion bailout to avoid ban

abbott will win this upcoming election. it is set for september 14 but it could be a soon as august if kevin rudd wants to change the date. >> thank you. live in sydney 4s. fighting has broken out between supporters and opponents of the egyptian president. two people were killed. 170 injured. in that speech, president morsi warned that continued unrest would care lies the country. he also admitted to a number of mistakes. he has vowed to push on with important reforms and to fix the country's struggling economy. >> i have made a lot of mistakes and i have made a lot of successes at the same time. this is a fact. economic growth has been delayed. it requires political settlement and stability. in the past year i discovered that revolution in order to achieve its goals and targets has to have her medical reforms and practices of the country's institutions. we must do your way from traditional. >> we have more from the egyptian capital of cairo. >> in a rather lengthy speech that lasted two and a half hours, president morsi ga

>>> abbott threat for southwest airlines, the fbi left for louisiana to texas when someone called inhe pilot landed in phoenix as a precaution. police say the passengers are being interviewed and the bomb sgaud are searching the plane. >>> police say the rapper whose real name is -- when robert took his wallet and jewelry and cell phones. no one was hurt and afterwards if a rapper gets shot at, he usually goes to to the hospital or die. >>> it is said to be the oldest bookstore in the country. the building that houses the bookstore was recently sold. now martha's book is facing eviction. it is now offering to by the property. >> my mother laid down in front of this building the first time they try to bulldozer it. i an ses teres are looking down for us. >>> yankees pitcher in the bay area native was in the hometown to pay tribute to a dear family member. dedicated newly renovated basketball court in memory of his cousin who died of the attack last year, david is also a proathlete, he played football for raiders. thank you for trusting ktvu channel 2 news. our coverage continues cover

. >> tony abbott is the favorite to win the next election in september and the labour government looks headed for a major defeat. even if he wins the vote of confidence, he has a tough battle ahead. >> in a moment, we will look at the victims of torture around the world. >> first, other stories making the news. >> more than 100,000 people have been killed in the cerium civil war. about half of them civilians caught in the crossfire. efforts to organize a peace conference on syria have been put on hold and will not get started until august of the earliest. >> mongolia is awaiting the results of its presidential election. it looks like the incumbents will be remaining in power. they are reporting that the election day went off peacefully. >> riots in the far western chinese province killing at least 27 people. mobs killing 17 and then billy shot 10 of the assailants. there is a resurgence of violence between two of the cultural factions. >> they have condemned the marxist the? to life in jail. >> he carried out a series of bombings and nearly 1980s that killed 11 people. he is already se

. >> tony abbott is the favorite to win the next election in september and the labour government looks headed for a major defeat. even if he wins the vote of confidence, he has a tough battle ahead. >> in a moment, we will look at the victims of torture around the world. >> first, other stories making the news. >> more than 100,000 people have been killed in the cerium civil war. about half of them civilians caught in the crossfire. efforts to organize a peace conference on syria have been put on hold and will not get started until august of the earliest. >> mongolia is awaiting the results of its presidential election. it looks like the incumbents will be remaining in power. they are reporting that the election day went off peacefully. >> riots in the far western chinese province killing at least 27 people. mobs killing 17 and then billy shot 10 of the assailants. there is a resurgence of violence between two of the cultural factions. >> they have condemned the marxist the? to life in jail. >> he carried out a series of bombings and nearly 1980s that killed 11 people. he is already se

have any with abbott's. in the business where you get this is all i'd bet anything is last page. you have a role model. no i don't have a role model earl lot of people who. influential in my life so storks on all of those things you'd like to change about yourself and i think yeah i'd like to be. younger and better looking favorite hobby. it's it's not a hobby anymore it's a vocation that's flying. in flight alone plane. yeah. yeah i want to fool for it to start out now and i start flying a little airplanes in going through the normal things and. worked up through ratings and complications of. plenty of. my fights and i have eight but by the way plane. and to my conservation friends who ask about the planes i always say what it's like one time . the the nor met you as fine a citation. never come close to by innit. but i mean you know. they're all paid for if that's what you. know it's. no no. your delight they were in this is a great performance it's great to see the good you know thank you and there are some for this french repeat in forty two films you will never forget that yo

joining us is zane brown at lord abbott. thank you for joining us. good to see you.3%, a number of people decided hey, there is value there. >> well, i'm not sure people decided there is a lot of value there or not. but certainly there are limits as to how fast yields can rise before the fed actually takes the opposite point of view and considers expanding qe rather than contracting it as everybody was so fearful of. >> the fed doesn't want that to happen. >> well, absolutely. the fed would rather exert a little bit more control than what seems to have played out over the last four weeks or so. and over the last four weeks you've seen each week a decline in mortgage applications, not only for new homes, but a decline in applications for refinancing. both of those factors help support economic growth and i think the fed is not yet at a point where it sees, okay, that growth is sustainable, it is really too soon to pull the rug out from underneath housing and out from underneath refinancing. we already have, by the end of may, 30-year mortgages back over 4%. that's got

the dog charges me, and i go like that, and he jumps on my back, and it's like -- you know, like abbottr is this. [ growling ] and dog breath. i will never forget. i go jonathan -- and he bit into my melon right here and blood is going -- >> jimmy: oh, yeah, yeah, yeah. >> i start swinging at the dog like i'm going to do something against a st. bernard. >> jimmy: we've all seen "beethoven." you can't do it. >> you're toast. so, long story short i got to the hospital. >> jimmy: were you freaking out? >> i wasn't. jonathan's mother was freaking out. she's, like, holding my head going the dog usually very kind. i don't know. >> jimmy: blood is going all over her face. >> tying a tourniquet around my neck. [ talking over each other ] mrs. mueller. st. bernard. >> jimmy: oh, my god. you get to the doctor. >> i get to the doctor, right? he pops me full of novocain. i don't know the -- >> jimmy: a bunch of novocain -- >> did he get you good? >> jimmy: yeah. >> he got me wrong. i don't know where it went. it did not go to the area where he put in the needle and said, okay, here we go. i felt ev

if you had the second part, "the new york times" part, no one to you, you can say i'm patrick abbottething to you. allen writes "the morning playbook," he's a great reporter. e could leave politico tomorrow, go somewhere else, and it wouldn't change his value. venture, tart his own probably, and have a lot of people come with him and we see his all the time that if you are a -- if you're good at what you do, be it what mike allen do and glen beck does, you can take that away from more traditional news your zations and become own independent person and viewers will come with you because they can because the internet allows them to. >> what are patrick gavin's 2012 political videos? we have, the top ten videos that became a viral sensation. comment, something somebody turned into something funny. could be a clip from a celebrity. caught the g that attention from the worldwide web and went on to millions and millions of views. it.0 seconds of >> okay. skin showing -- wind blowing you're going hink baby. ♪ hey i just met yeah ♪and this is crazy ♪ but here's my number so call me maybe ♪ ♪

within minutes, texas attorney general greg abbott demonstrated exactly why equal protections are still needed. he tweeted, quote, texas voter id law should go into effect immediately because scotus struck down section four of the vra today. he also announce ad redistricted map of texas designed specifically to dilute the strength and impact of minority voters would also soon go into effect. both measures have been blocked by the voting rights act during the 2012 election. this year alone, 82 measures in 31 states have been introduced and before tuesday, the voting rights act served as a protection against such measures. that's gone. gone. these states are now free to obstruct voting for minorities, college students and seniors. all of which tend to vote democratic. however they want. with me now, the co-corrector and founder of the advancement project. kenji, professionor at nyu and rashad robinson, director of color of change. thanks for being with me. i want to start with you. i want us to try to focus on where we go from here. essentially, the court said, discrimination exists but s

biggest healthcare fraud case ever investigated by a state, a billion and a half dollar finding against abbott labs last year. we now have the first and second largest here in virginia and this would be the biggest asset for fitture i'm aware of a state getting and the irs was the only player left that had to fill out a two page form that they could doug shulman in a lot of -- that they do in a lot of other cases to move the asset for fitture along? whose doesn't move with you virginia's. given how little is necessary to accomplish this and that all of the other players had done their job to finish out the case and finish the distribution of the asset forfeiture. while the federal government got and kept their billion dollars. billion with a b. virginia was trying to get about 100 million today's $125 million we earned with the investigation from a criminal defendant that was sitting in treasury accounts and the irs was the only block. they were the only block left and after eight months of incompetentence it starts to look like more than inconpetenc. >> on an investigation level they do a doe

i like that company and also the other part that was abbott labs. oh, that stock is a good stock.e. joe? >> caller: b-b-boo-yah from the sunshine state. >> i like the stuttering boo-yah from the sunshine state. what's up? >> caller: with the recent ipo and the investments, what do you think of seaworld? >> i like f.u.n. and don't forget six flags pretty good too. no, we're not done because aisle going to van the man in washington. van? >> caller: boo-yah, jim. thank you for taking my call. >> excellent, van. >> caller: what should we do with spnp. >> we need to sell it because we don't like network security. >> sell, sell, sell. >> it's too hard. those companies, they don't get it. it's impossible. i feel bad for anyone in that company. let's go to olga in ohio. olga? >> caller: hello, boo-yah from cincinnati. >> i like that. reds look good, what can i tell you? >> caller: we love your show. >> thank you. >> caller: we try not to ever miss it. it's very educational and you're so funny. >> thank you. >> caller: what do you think hain celestial? >> i think it's a good, old-fashioned

bring in steve oss, cio of global equities as well as saine brown, fixed income strategist at lord abbott. steve, welcome. i'm going to start with you. on that list or something else, what's the single most important thing you are watching right now? >> i think it is a mosaic. if you watch one thing, there's no haley grail, brian, but certainly i'm watching china, trying to make sure they don't blow up. i was happy to see what they did last night. they are trying to, you know, cool down that bubble out there, but they run the risk of blowing the whole thing up and i kind of backed off last night. >> going to put on the spot. had to pick, gun to head, bernanke or china, what's more important in. >> u.s. economic growth. >> okay. >> i think that starts to come through. we've got a lot of numbers coming out the next few weeks, i think that will substantiate our whole idea that we're shifting right now from the world is not ending scenario to oh, my god we're actually going to grow again. i think that's why bernanke is pulling in, so i expect to see, you know, the market start to shift toward

texas attorney, republican attorney greg abbott said, quote, with today's decision, the state's voter i.d. law will take effect immediately. redistricting maps passed by the legislature may also take effect without approachal from the federal government. a big legal day. nbc justice correspondent pete williams is live at the supreme court. and our guest is a supreme court expert. pete, i want to start with you, let's talk about where we go now from the decision. which is does the justice department have the remedy? leaving it up to congress, leaving anything up to congress these days seep s seems like a cause. where do we go from here on the ruling yesterday? >> i think all paths lead through congress. because congress either has to answer the homework assignment given to them by the supreme court to update the map where the preclearance rule will apply. till they update that map, the preclearance rule is dead in the water. or some other legislative fix. administration officials had said they were looking at possible legislative changes. obviously, the justice department can still sue

hal whitman, managing partner of the broward county real estate group, milton missrati with lord abbott and my good friend steve forbe, forbes media chairman and editor in chief will be co-hosting with me on set for the full hour. mr. fox, i'll go to you. have you seen any discernible slowdown yet because of the job in interest rates in you're in one of the hottest areas of this recovery. >> so far we have not seen a falloff in sales. sales have been robust and the economy is gaining moment up as we go on. however, we do think it's very fragile and we in the car business are subject to an interest rate increase. >> you're selling over 15 million at an annual rate nationwide. that's a pretty hefty number and it's a great jump over last year and the year before. can you hazard a guess for me. what interest rate level would it take for you to see a slowdown or a slump in these big car sales? >> well, i think it's gradual, and certainly the consumers in my area are more interest rate sensitive because our economy is more fragile. we haven't made the recovery post the great recession that ot

if you want other drug stocks, abbott and medtronic.e wheel. >> healthcare has been a winner. thank you. >> we'll come back with the closing countdown. >> and then, after the bell, find out where one of the best-known investors on wall street is putting his money. john calamos joins me exclusively in the next hour of "closing bell." and the volume picking up. [ male announcer ] with free package pickup from the united states postal service a small design firm can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ are proven to be effective pain relievers tylenol works by blocking pain signals to your brain bayer back & body's dual action formula includes aspirin, which blocks pain at the site. try the power of bayer back & body. to accept less and less in the name of style and sophistication. but to us, less isn't more. more is more. abundant space, available leading-edge technology, impeccable design, and more than you've come to expect from a luxury vehicle. the lexus

say back in your home state of texas, i guess i was surprised maybe not that attorney general greg abbott wasted no time, congresswoman using today's court decision to enact a completely unnecessary voter i.d. law that no one needs, that the justice department had previously blocked. what is enacting that law today, mean to your district and to your state? >> you know what? i'm welling up again. i'm not in any way being facetious about this. it is clear evidence, john, clear evidence to america that what the supreme court did today was to turn back the clock 150 years. this year, 2013, 150 years from the emancipation proclamation in january of 1863. and i believe the supreme court turned the clock back. our attorney general could not wait five minutes to be able to show who was in charge. and to be able to oppress the people of the state of texas. there was reasoning behind the justice department blocking the voter i.d. law because there were tens upon tens of counties in texas that had no ability for, in particular, elderly voters and hispanic voters, to be able to access the voter i.d.

this was a billion-and-a-half dollars health care fraud case against abbott and virginia was the lead investigator on it and they sat on the asset forfeiture money that came from the bad guys in this case and didn't free it up for our law enforcement to protect themselves and to protect the people of virginia. >> right. but do you think, do you think it was a total coincidence that with the irs hearings in full swing and i think, i agree with my friend ed klein, i think they're taking a tremendous toll on the democratic party and the white house and so forth. do you think it's a coincidence that all of a sudden the irs unlocked that money that you have been trying to get for what eight months? is it sa consequence dense? >> i think that the pressure they're under led to the answer to that question being no. i mean, they have been stalling for eight months. let's face it. we have been trying to be patient about it because at a law enforcement level we work with them. when it crosses the potomac to virginia and gets to treasury and headquarters, everything goes haywire over there. they'

any pullback here, use this as an opportunity to get into the market, buy some medtronic, buy some abbottou still like japan? japan, obviously -- this market is following japan so closely. you still like japan? >> maria, we still like japan. they went down because of concern over interest rates shooting up. they've calmed down. they went up over the yen goi going -- the yen going up again. >> right. >> against the dollar. that seems to be slowed down. it was ahead of itself, maria. >> finally. >> and abenomics, he'll do it in the fall. >> i'm not asking you for the reasons. i know the reasons. i'm asking if you would put money in japan. you still like it. >> >> yes, we still like it. >> what about you? >> yes, i like it. we have robust international exposure. if you look at the growth from the world, a lot is coming from the emerging nations. 55% of the growth of the world came from the bricks last five years. the other 25% came from emerging nations that are not bricks, and only 20 coming from the developed nations. so a lot of opportunity internationally, we think, for growth and to be

. >> my name is heather abbott. i have an injury to my foot which resulted in a below the knee amputation. although it is unfortunate, my life will go on. >> i am roseann sdoia. i have every intention of resuming normal activities from before the bombing. >> they asked that i speak loudly because they all lost some hearing in the bombing. and memories are still coming back like roseann and adrian realizing they met here on the same day. >> i remember wheeling past you. >> she was spinning around or whatever. how long have you been here. i just got here. oh, i have a lot to learn. >> spalding is a beautiful new facility devoted to getting people back to their lives, including things like learning how to maneuver in a wheelchair. >> people don't think about this. >> try getting dressed on one. >> it's tough. >> so life becomes about building in way more time for everything. >> the whole women take a long time to get ready to a whole new level. >> they've been physically altered forever, and yet because of how the brai

abbott came in. a lot of companies came in to help with something to watch other did there work as we could move into this broader context. i was in tears practically last week, joy, by the way, saying of the system together to build this terrific project in central haiti. >> thank you very much. [applause] >> thank you all so much. [applause] >> visit book tv to watch any of the programs you see your online . type the author or book title in the search bar and the upper left side of the page and click search. you can also share anything you see on booktv.org easily by clicking share on the upper left-hand side of the page and select in the format. book tv streams live online for 48 hours every weekend with top nonfiction books and authors. book tv. >> you're watching book tv, 48 hours of nonfiction authors and books every weekend on c-span2. next, bruce bechtol takes a look at the prospects for north korea following the death of kim jong-il and assesses the competency of his son, kim jong-un. [appla

jann arden, coherent and abbott labs making the list, ibm, metlife, merck also sold more than $1 billion in japan last year. japan is also a big market for the high-end retailers like tiffany's and coach, each with over half a billion dollars in japanese sales in 2012. currency fluctuations are seen as a risk to these companies. now, the big unfamiliar here in all of this, will the turnaround last for many american companies? that answer, of course, is very critical to the bottom line. >> seema, thank you very much. appreciate that. sue, town to you. >> ty, time to get an update on the situation in turkey. turkey's prime minister meeting with anti-government protesters after nearly two weeks of demonstrations. riot police clearing out taksim square in istanbul following a series of clashes overnight, but several hundred people are still camped out in tents near that area. nbc's chief foreign correspondent richard angel is li live in istanbul and joins us with the latest. richard, over to you. >> reporter: it -- the big headline is that it's been quiet so far. there haven't been any clash

and with the discourse we get equity and with abbott the, we can see the other people that we might is july 12th. and as a reminder, the july 4th live. it is the only local light show the biggest, the best fireworks in the milpitas. and san francisco. >> pam: coming up sports and gary radnich coming up in the kron 4 to answer your questions. and more reaction from lebron at james. the second championship! what motivates king james? coming up. >> good evening, everybody. lebron james. the king of the world and a miami sometimes you need a good competitor. and tony parker what appears to to run out of steam were just that. san antonio took them right to the finish, lebron james. finishing, with 12 runs this went right to the end. and when duncan could not get it to drop it was pretty much it. lebron james made another jump shot. the only man to win back-to-back world titles! and mvp was russle jordan and not lebron james. >> this is what is all about. championships and to be able to go back to back. with championships, and it is ultimate. >> this is the sweetest run, by far. everything t

abbott white band. >> do you ever turn away from im on the radio? >> i do not.. >> special request from a beloved staff member here that is our boss. [laughter][l hi! okay. >> it's 8:11 now. tucker barnes has the information for you but first -- >> cuteness factor of day. >> that seems recommend miss thissent of the beegees. >> no. >> it's from that time period but you are just talking about the ow! >> i hear what you are coming from. i see what you are saying. a >> but a lot different. >> same but a lot different. [ laughter ] full of helpful information here. let's get to it. time now for my first 5 photo op the day. >> they continue to be cuter. >> they really do. >> i don't think i was this cute as a kid. >> i want to challenge our viewers. the first one top send in a bibb that is not cute, we'll give you a prize thank is not -- that's the contest you want to have, toney? >> here is the deal. >> i'm not behind this. >> you have to indicate in your e-mail. we'll not be judging the baby. >> i want to be clear that bothr of us are sell -- >> she's six and a hal

leadership and he says he believes that he's the most or the best candidate to be able to defeat tony abbottpposition leader in september. the prime minister julia gillard saying if she's not successful when it comes to this ballot that she will bow out of politics, she will resign and not contest the next election. she urged essentially urged mr. rudd to do the same and he said he will also do that if he's not successful. so about 35 minutes or so now until we get this vote. i'll be back bringing you all of those developments throughout the night here in australia. >> sounds good. we look forward to it. thanks very much for that. >>> in the meantime before we get that, citigroup are updating operations in asia by opening up smart banking branches with video walls and touch screen sales points. it generated net income of $2 billion in the past two years for the bank. joining us exclusively from the fund form international in monaco is jonathan larson. thanks fork with us. you were the consumer banking head in hong kong, you were then made the global head of retail banking and they kept you i

and after five minutes of what can only be described as an abbott and costello "who's on first" kind of conversation, the answer was clearly no, this administration did not take into account the impact energy regulation would have on job creation. as we have a conversation with the country about an all american energy plan, we have got to realize that not only does it impact the coal-fired power plants or the nuclear plant or the wind farm down the road but it impacts our family's ability to afford a brighter future. mrs. roby: in the president's speech today he made the case that more regulations and restraint from the energy secor, to your point, would be good for our economy and create jobs. regulation creating jobs? i know none of us believe that and i know we've never heard from one constituent that owns a business that regulation, more regulation creates jobs. and furthermore, this is the same president that tried to sell us solyndra and we're going to take this, we're going to take him at his word? it's really unbelievable. >> if i might add to the gentlelady's point this admi