donohue? >> i asked you first to please get busy on the deal, and you did, and i thank you very much. we've -- we'll talk some more, senator. this is a very serious issue in so many ways. and i think this is a vigorous discussion. and mr. chairman, thank you for resolving all that issue. my lawyers will get it done a lot faster. now. >> thank you. mr. gerard? >> until the question was asked, i didn't view it here being in support of the administration. our view transcends political party and administrations. our view, regardless of who is in the white house, we look at the substance of the treaty. and that's our focus. >> and i want to emphasize again, the administration did not ask us to bring this treaty out now. we went to the administration and said what do you think about it. again, it's clear on the record here. and mr. donohue has made it clear that he made the request for us to be here at this time initially, and that's what got us going. senator sheehan? >> thank you, mr. chairman, an

donohue? >> well, if you read what seems to be the treaties and environmental interest, we have met all of them. all of them. period. and if we were a party to the treaty and inordinate or particularly inappropriate climate demands were made on us, we would have the ability to veto it, veto it. it takes one veto. >> may i ask you -- yes, mr. timmons? >> you'll tell me how you think that is wrong, and i'll be happy to discuss it with you. >> i think that's a very important point that mr. donohue has just made. we would have the only permanent seat on the sea bed authority, and we would have the right to object to any provisions that are put forward. that said, there is nothing in the treaty that i've read that indicates that we would have to join kyoto or any other -- any other treaty of that type. and that's coming from an organization that does not support kyoto and has serious reservations about a cap and trade regime. >> some critics have additionally argued that if the u.s. joins the conve

. >> >> we are most honored to have bill donohue joining us this evening for this event, presenting his new book.ing hi he is a teacher that goes back quite a ways, he began hisgain teaching career working at st. lucie's college in spanishge harlem. in 1977, he took a professor position at rhodes college in pittsburgh. .. he is a president and ceo of the catholic league for religious andof civil rights, the nationso largest catholic right civil rights organization. the publisher of the catholic league journal, he served for two decades of on the board of the national association of scholars come and continues to guest lecture at for phd's are on the road. he is also a on the board of advisors for the washington legal solvation in the educational freedom foundation, the society of catholicuessed lr scientists, the jewish actione alliance, the christian film and television commission, catholic citizens of illinois, thee georgetown academy, catholics come home from the coalition to save iraqi cchristians, and thet advisory committee for inside catholicia life.ancient he's also a member of

please join me in welcoming tom donohue. >> thank you very much. good afternoon, ladies and gentlemen. i always worry at my age in particular when people get up and give long introductions. they begin to sound more and more like obituaries. but i do appreciate the points that you made, toby, about the things that we're trying to do on the free enterprise side and the inferences you made about the work we have with your industry as we do with many others. i'd like to thank you, margaret, and all of your team, for putting this together. two events we've merged together because they belong together. and for all of the activity that is developing itself in such a vigorous way within the foundation to look at our nation's challenges and define ways to move against them and with them. we're here to talk about jobs and given may's dismal unemployment report, some might expect a discouraging conversation. yes, we're in difficult circumstances. economic growth is anemic and the jobless rate is chronically high and moving in the wrong direction. but if you'r

donohue. >> senator, i was just going to add something that you already know. the answer, the others than is very significant in your state is natural gas. as you know the price is down to the $2, $3 range today. 83,000 new jobs in your state as a result of that resurgence. i think as jay said earlier, that is primarily what is driving the manufacturing resurgence in the united states. we often forget that those chemical plants and others are primarily driven by the feed stock of natural gas where they convert natural gas to all the products we consume every day and don't think about. so it's natural gas, low cost, affordable, reliable energy that is driving those other benefits in our economy today. >> i'll submit some more questions for the record. thank you so much for your testimony. >> mr. chairman, thank you. >> thank you very much. senator shaheen, do you have any second-round questions? >> i do have a couple, mr. chairman. and i know that one of the issues that has been raised about the treaty, and i heard some of that debate today as been what is the r

bill donohue. [applause] >> >> thank you father i appreciate it was the opportunity to speak about the book. from the good doubleday crown i have an idea about the book that it was professorial. he said we are getting negative press, sometimes justly earned or unfairly. somebody needs to write a book. the kind of book i want to do brings my sociological training to the table. my argument is that throughout the ages all the great philosophers talk about the good society what constitutes a good society? the argument is the answer has been there a long time. if you follow the teachings of the catholic church you have a good society. because the teachings were very, very demanding. is better to try to massage their runner and a high jumper than to get him to clear the bars but in this country we have seen inflation and, dumbing down and appealing to the worst common denominator. demands should remain we should clear the bar you are you to talk about don't you have problems in your own ranks? one woman

for the purpose of population -- unless there is an overriding reason to who make the change which donohue -- based on comments. the only testimony we have had consistent with respect to treasure island is the community that shares of with six rather than three. we have heard that from the supervisor and other community organizations. i would not supported at this time if it becomes necessary to change to achieve some overriding goal with respect to neighborhoods we're trying to keep together. i might put it on the table at this point. chairman mcdonnell: thank you very much. >> i do not think i would entertain moving treasure island to district 3. i seem to recall testimony that treasure island residents to share services with district 6 and right now, i do not think there is a relationship with treasure island residents with district 3. i would have entertained this if we were going to seriously discuss a move of portola to district 10, that would have been a possibility. i thought we agreed last week or last monday, whenever the last meeting was, that we were going to focus on the tweak

then remarks by chamber president and ceo tom donohue. at 10:30 eastern live coverage of a conference by the group campaign for america's future on ways to energize the democratic base before this year's elections. and later, more live coverage as florida congressman alan west, a member of the house small business committee and congressional black caucus, hosts a forum examining policies needed to stimulate economic empowerment in the african-american community. >> tomorrow, jpmorgan chase president and ceo jamie dimon testifies before the house financial services committee. you can watch it live tuesday at 10 a.m. eastern on c-span3. and on wednesday british prime minister david cameron takes questions during his weekly session with members of the house of commons. one of the possible topics, his testimony last week before the leveson inquiry that's examining the phone-hacking scandal and the relationship between british politicians and the press. prime minister's questions airs live at 7 a.m. eastern here on c-span2. ..

human remarks from the group's president and ceo tom donohue. he talks about the direction of the american economy and call for more regulatory certainty and they streamlined tax code. his remarks one about half an hour. >> [inaudible conversations] >> good afternoon. i'm toby mack, president and ceo of associated equipment distributors, a proud member of the board of the national chamber foundation. this afternoon it's my pleasure to introduce tom donohue, president and ceo of the u.s. chamber of commerce. representing the construction equity industry, for a good number of years, i worked closely with tom and shame on some our nation's most pressing priorities, particularly the rebuilding of americans our cake and crumbling transportation infrastructure. under tom's leadership, u.s. chamber is the nation's greatest champion of free enterprise, american competitors and market capitalist. you can't miss the huge jobs banned on the face of this building as you come up the front steps. jobs, and lots of them, are what result when the chambers growt

donohue the other spot in the 100 fly. represent team usa in london. >> excellent.nks very muc much. >> that's this edition of abc 7 news at 9:00. for all of us here, thanks for watching. we appreciate your time. hope to see you again in an hour over see you again in an hour over on channel 7. have a good

tom donohue and the other great pioneers and that was pre-internet.was fm radio that really pulled together the youth culture. it was a secret society and it was the music and the messages that message is that we all needed to hear. to keep us in touch with each other and for a kid like me growing up in the suburbs in l.a., i could turn on that radio at night and hear that music and those long-winded raps that the djs would do in the commercials. i want to do one shout out to a person in the front row, someone who i should also it colleges in the book, another heroin from san francisco, alyssa flores who participated i have to say in the first safe sex feel that i know of and it is behind the green door, the same version of that back in the aids era so thank you. [applause] >> i would like to ask david what he was doing during this time? >> that is for my next book. [laughter] any other questions? so what happened to the good earth? >> well, that is asatir tale. they had a strict -- part of their revenue was -- but they had a strict policy against doi

donohue, president and ceo of the u.s. chamber of commerce. representing the construction equipment industry for a number of years, i worked closely with tom to the chamber on some of the nation's most pressing priorities, particularly being rebuilding of america's archaic and crumbling transportation and the structure. under tom's leadership, u.s. chamber is the nation's greatest champion of the free enterprise, american competitiveness, and market capitalism. you can't miss the steve jobs banner on the face of this building as you come up the front steps. jobs, and lots of them, are what result from the chamber process growth -- whatever's growth and competitiveness agenda becomes policy. it focuses on expanding trade, driving the energy revolution, reforming the regulatory and legal systems, protecting international property rights, and controlling government spending. among his many accomplishments, tom has spearheaded the creation of the american free enterprise campaign. it is a visionary long-term program to defend, protect and advance

joining me now, democratic strategist keith boykin and republican strategist wesley donohue.'ll begin with you. we heard the short version from president obama. here's a little more. >> the truth of the matter is that as i said, we've created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. the private sector's doing fine. where we're seeing weakne nesnen our economy have to do with state and local government. >> should the president have stood by that statement, keith, or walk it back as he did later in the day? >> i think he was trying to explain when he said that the private sector economy is doing everything it can to create jobs. but congress needs to help. congress needs to pass the jobs bill or pass elements of the jobs bill in order to get the economy growing again. the unemployment rate that came out last week, there's an interesting statistic, it's 3.9% unemployment for people with college degrees but 13% for people who don't have high school diplomats. it tells you that we really want to investigate in education. we want to get the econo

donohue. some have argued that a product that seeks to maintain a stable net asset value, while investing in instruments that can decline in value is essentially maintaining -- is the staple net asset value money market fund a fiction? mr. stevens. >> if not, why not? >> it is clearly not. we've actually done considerable amounts of empirical analysis of the variability of funds, net asset value per share, over extended period of time. the degree to which they fluctuate is really quite marginal. you can look at it carried to stress but you can look out over long periods of time. >> does it depend on what you're investing in? >> well, we invest, you're absolutely right. we invest only in the shortest, highest quality paper that is available. >> and that's for protection, is in its? >> that's why, under the structural 2a-7, permit a funds to keep their net asset value per share with a great deal of precision around 1 dollar. >> esther dardinger, do you have any comment? >> we had a hearing back