and for more on this let's talk to curtis ellis the exit of the executive director of the american jobs alliance mr ellis has there been any indication that the white house is going to listen to the occupy wall street protesters and take action against the big banks. no you know the white house is paying lip service to the concerns of the protesters and the unemployed but we see exactly the opposite in the way of action they just got finished pushing three more outsourcing deals under the false name of trade deals which will actually benefit the financial sector but lead to more outsourcing of more u.s. jobs in manufacturing and other sectors and we also just saw yesterday that the u.s. justice department made a settlement with citibank citibank the fraud investors in the collapse of the mortgage industry but there were no criminal charges but brought citibank paid a quarter of a billion dollars but they got a slap on the wrist for a fine and no one went to jail this is not taking action against the big banks ok ed you just heard this story that we heard earlier wall street bankers and you say p

american jobs. to many, a fair playing field would pump $300 billion in our economy in a few short years. don't take my word for it. just ask american manufacturers. the alliance for american manufacturers called this jobs bill -- quote -- "deficit-reducing, job-creating, no-cost stimulus." the american iron and steel institute, the national association of manufacturers, even the united states chamber of commerce have said the problem pits american and chinese manufacturers against one another in an unfair fight. this issue a has also forged some strong alliances. the afl-cio has called for swift action to level the playing field. the chamber of commerce, the afl-cio are together. this is what the afl-cio said, and i quote. "the single most important jobs measure that congress can take is to adescries the chinese currency manipulation." business groups agree that american workers aren't getting a fair share. they agree that congress should take action to give them that fair shake. here in the senate we've heard the message loud and clear. we can't ignore blatant, unfair trade practices that put american workers at a disadvantage. supreme court justice potter s

american now, homeless prenatal, jobs for justice, latina breast cancer agency, league of young voters, mission economic development agency commission house and devoted corp., national employment law project, national physician alliance, people organized to win and get -- when employment rights, people organizing for environmental rights, private work, a progressive workers alliance, san francisco building, trades council, the medical society, the labor council, sci you tend to one, as sciu, unite your local to come a women's community clinic, young workers united, and the building construction trades council. that tells you the broad coalition that is behind this effort. i want to make two points in response to a couple of the things that have been said. it is easy to say this is going to cost thousands of jobs. it is the same parade of horrible things we heard when the ordinance was first introduced. facts have to speak for themselves. the one independent study on the health care security ordinance that was done not by anyone here in the city made it clear that the impact on jobs was not what was expected. there was no job loss because of the ordinance. those people have looked at that amendment and reached the sam

jobs. it will reduce our nation posted dependent on foreign oil. according to the american energy alliancemanently lifting the offshore moratorium would result in a 1.2 million new u.s. jobs. we need to give the president the authority to negotiate trade agreements. i would point out that the president is now on his "listening" fotour at taxpayer'' expense. he was taking credit for the passage of these three bills for free trade agreement. this only took nearly three years. as far as our bill is concerned, we have a statement from the u.s. chamber of commerce. yesterday, a group of senators including john mccain, introduced the jobs through growth act. this marks a departure from a government knows best approach and allows the private sector to rescue our economy. as the chamber pointed out, alleviating regulatory burdens, tax uncertainty, and restoring confidence is the best way to get the country back on track. this bill is a step in the right direction and includes a number of the same broad based ideas for creation of the chamber's plan. it goes on to talk about current of tax reform a

compete here and abroad.the alliance for american manufacturing says that addressing this currency manipulation would lead to the creation of up to 2.25 million american jobs, an increase in the u.s. gross domestic product of $228.7 billion, 1.9%, or $190 billion reduction in our annual trade deficit. and finally, an annual deficit reduction of $71 billion or between $600 billion to $800 billion over the next ten years, if sustained. no wonder this is bipartisan. no withinder thi -- no wonder ts is nonpartisan. here we have standing up for american manufacturers, allowing them to be ton a level playing field, we cannot only reduce the trade balance, we can also reduce the budget imbalance. all that have can be done if we can establish a level playing field, give our manufacturers, produce,and farmers the opportunity to challenge this unfair practice. that's what this legislation does. with figures like this, this bill is seemingly a noncost, bipartisan, long-term job measure. this would not only spur economic growth, but economic stability that would ensure a better, more secure future for u.s. manufacturers, workers, and communities. this is really, i thi

jobs. drive investment and reduce our nation's dependence on foreign sources of oil. according to the american energy alliance which is a pro-, more tri group admitteddedly, permanently lifting the jof shore moratorium yum would result in 1.2 million new u.s. jobs. and of course we need to give the president the fast track authority to negotiate trade agreements. by point out that the president is now on his listening, quote, listening tour, at taxpayers' expense, and he was taking credit for the passage of these three bills for free trade agreements for panama, colombia, and south korea that only took nearly three years. as far as our bill is concerned, we have a statement from the u.s. chamber of commerce. yesterday a group of senators, including john mccain, rob portman and rand paul introduced the jobs for growth act. this legislation marks a departure, from 5, quote, government knows best approach and instead empowers the private sector to rescue our economy. as the chamber pointed out in its six-points jobs plan, alleviating regulatory burdens, tax uncertainty and restoring confidence to invest and grow

alliance with the u.s. and saudi arabia on that. and then the president got a little bit feisty when i asked him about the american jobs act. he released a campaign video yesterday saying he's going to "force" congress to take up individual pieces of the act but, randi, he hasn't been able to force congress to do either an up or down vote on the whole bill. so i asked if he's going to invite some of the leaders over to sit down and just negotiate for a compromise version and that's not what they're looking at here. what they're looking at is doing individual votes and holding members accountable. if they vote that down, they're going to have to be held accountable for each piece of that bill. >> i noticed that the president cut you off from anymore follow-up questions. >> i asked a few. >> you were obviously asking the right questions, jessica. thank you very much for that update. >>> we don't need to tell you, the economy is in the tank. millions of you are barely scraping by to pay your bills while debts pile up. it is not just families going broke -- it is major cities. increasingly cash-strapped overwhelmed with debt an

economic policy institute and the alliance for american manufacturing recently reported, our and balanced trade with china has cost the united states more than 2.8 million jobs since 2001, including 1.8 million manufacturing jobs. and i have got to be clear, our relationship with china is about more than currency. you see a prosperous china can be an enormous boon to the united states and to the global economy. but only if workers can build a middle-class life and they can have a strong voice through independent unions. and if the chinese government plays by the same rules. you see the question is, what is our government strategy for ensuing bet -- ensuring that our relationship with china is mutually beneficial and not a zero-sum game played by unfair rules where workers both in china and in the united states are sacrificed to corporate interest? you see these kinds of questions are not just limited to china. congress will soon consider three agreements with south korea, with columbia and with pam ahmad. the korean deal will boost korea as an export platform to the united states and it will likely cost almost 160,000 u.s. jobs. but the real killer is columb

jobs for justice, representing over 47 labor committee coalitions in 26 straight. we are building the american dream movement through our campaign. >> i am the executive director of the generational alliance, an alliance of up over 16 youth organizations that represent low-income youth, use of color, and together we are taking back the american dream. >> i am -- give director of the league of young voters, and with more young people and people of color, we can win with this american dream movement. [applause] >> i am the executive director of the ella baker center for human rights and a leader in the american dream movement. >> i am with the national gay and lesbian task force, the oldest organization building the power, taking action, and creating change for lesbian, gay, bisexual, and transit gender americans. >> i am the co-director of the new bottom line. we are representing one of thousand grassroots and faith based organizations all over the country, fighting for an economy that works for all of us, and we are allies of the american dream movement. >> i am campaign director at the center for community change. we are committed and ready and with you we will rebuild the american dream