austen goolsbee and other life- threatening diseases agreed to finance this for a year now. you should be really proud of howard. every one of these schools including howard are committed to doing this work for three or four years for only seven percent overhead. the lowest in history of any foreign assistance programs. you should be proud. [applause] you will save countless for decades and decades. i am well aware that the commencement speech is the least important part of this day. i congratulate all of you who are here. your parents and your friends and your loved ones. thank you to those who taught a new mesh -- taught you. i remember who gave my commencement speech 45 years ago next month. i remember exactly what the speech was. we were like this on the lawn at georgetown. it started out to be a clear day. then a huge storm cloud came over. the lightning began to dance in the sky. a howard graduate, the mayor of washington, d.c., stood up at the podium and look at the sky and the students and said, congratulations. if we did not get out of here, we will all drown. [laug

university of chicago, he loves this job, chicago school of business, former economic advisor austen goolsbee it will be a shootout. tonight i'm going fire the gun shooter's sker's creedo? don't pick seven fights if you only have a six-shooter. >> sean: if you are in new york you are only allowed to have seven bull lets otherwise you are breaking the law. i will give you a minute uninterrupted to is respond to the charge because it is important. there was a treasury department investigation never released but completed in which it' peered that you -- it appear tad you' peered to possess confidential tax information on coke industries. i will not interrupt you. go ahead. >> i appreciate you doing that. that is totally inaccurate. that was then true at all. what happened in 2010 is there was a call about the economic recovery advisory board's tax reform report that had 58 different proposals in it. one of them was about the fact that our corporate tax system treats big private companies differently than public corporations. and i mistakenly used on a background call as an example of that korch