host: david arkush congress watch director, public citizen.taught in the appellate litigation program at the georgetown university law center. he is clark for the u.s. court of appeals. he has worked in a private public interest law firm. firms. he was a statewide coordinator of missouri votes for fair elections. guest: i have two questions -- caller: i have two questions. would you agree that when it comes to regulation, taking into consideration the financial collapse and the will spill, that the greed is bipartisan -- or else bill, that greed is bipartisan? they end up going to work for these companies once they retire from government. i mean, this is a bipartisan thing as far as people not necessarily keeping their eye on the ball. have you ever actually owned the business and had to deal with regulations when it comes to trying to make money and hire people and sustain an business. do you know what that is like? guest: two questions -- i guess it is a comment and question. greed is bipartisan. i agree and disagree. i certainly agree it is

then david arkush on plans for cutting regulations and how much money can be saved. after that, gardiner harris on proposals for addressing the drug problem. plus your phone calls and e- mails. live at 7:00 a.m. eastern on cnn. -- c-span.

then public citizen congress watch david arkush on financial agencies' plans for cutting regulations and how much money can be saved. after that, gardiner harris on the short supply of drugs and the proposals for addressing the problem. plus your emails, phone calls, and tweets. "washington journal," live, monday, 7:00 a.m. eastern on c-span. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> earlier today, president obama made a statement on the federal government's response to hurricane irene. he spoke from the white house rose garden. here's a look. >> good afternoon, everybody, i'm joined today by my secretary of homeland security, janet napolitano, provide an on going response -- a response to our ongoing efforts of hurricane irene. this storm has claimed lives. our thoughts and prayers are with those who lost loved ones an those whose lives have been affected by the storm. you need to know that america will be with you in your hour of need. while the storm has weakened as it moves north, it remains a dangerous sto

interesting that this conversation is a continuation of the conversation that preceded me with david arkush. it is true. i think there has been broad agreement that the fda has gradually stepped up its standards. everybody pretty much agrees in the industry that those standards need to be high, particularly with these sorts of medicines, injectables. if there is contamination, you can die extremely rapidly. there is broad agreement among everybody involved, including industry, the fda needs to have high standards and to actually enforce those standards in a much tougher way. the fda never in specs plants in china and india. they have become crucial to our nation's drug supply. the plant in china and india can go more than 50 years without an inspection. many of these plans have never been inspected. it would take the fda 13 years, at present rate, to inspect all foreign drug plants. the industry believes that it is so vital that the fda get to these plans more often for safety reasons that the industry, in the midst of agreeing to give the fda $300 million annually, a problem% of its revenu