-china relations, mr. kent chair of the u.s.-china business council, dr. henry kissinger, secretary john bryson, ladies and gentlemen, dear friends, i am delighted to meet you friend from various friendly organizations during my official visit to the united states. the national committee on u.s.-china relations and the u.s.-china business council have been promoting friendship and cooperation with china long before china-u.s. diplomatic relations were established. the normalization and development of china-u.s. relations would not have been possible without your tremendous contribution. i salute you for your efforts. and i wish to send warm greetings and express heart felt appreciation to all the friendly organizations and american friends from various professions who have valued and supported the growth of u.s.-china relations over the years. [ applause ] i am paying an official visit to the united states at the invitation of vice president biden, and i have come to further implement the important agreement reached between president hu jintao and presiden

. >> mr. kent or? >> i really don't know anything about our. >> do you know who she is? >> no, i don't. >> mr. gellert? >> again we have no contacts with them. >> let the record show nobody knows anything. in rating mf global you assume that they would conduct their business in accordance with all the laws and regulations and not that they would lose customers segregated accounts for their own benefit. is that a correct assumption? >> that is correct. >> did you assume that the cftc and the cme were filling their responsibilities to audit and verify the proper detection of those assets? >> that is correct. >> would you all have done the same? >> yes, sir. >> yes. did you confirm with mf auditors price waterhouse that they had verified that controls and systems were in place to prevent that fraud and unauthorized transfers? >> no sir we did not speak directly to the auditors but typically we would not expect an auditor would be able to share information with us as a third-party. they would have a confidential relationship with their client. >> we didn't speak directly. we

mr. vice president. >> vice president biden, president donahue, chairman muhtar kent, chairman wan jifei, business representatives to both china and the united states, ladies and gentlemen, dear friends it gives me great pleasure to attend this business roundtable in washington d.c. together with vice president biden. i wish to thank the ccpit, the u.s. chamber of commerce, the u.s.-china business council for their careful organization, and business leaders of both countries for their active participation. the 20-plus business leaders from china and the united states present today include representatives both of the rural economy, financial sector, the traditional manufacturing industry and emerging industries. they represent both state-owned enterprises and private companies. the broad and active participation of business people in both countries has made the comprehensive, mutually complimentary, and win- win china-u.s. economic relationship more colorful and more dynamic. the purpose of my current visit to the united states at the invitation of vice president biden is to implement the important agreement of th

kent's house next door. and i said, hi, i'm rick santorum. i'm running for congress. and he does this. i say to him, mr.ekulve, i'm so excited to meet you. >> santorum said he told the story to show the audience that he's walked the path you've walked. would that be a different path than the one romney took when he strapped his dog in the kennel on the roof of his car for a family road trip up to montreal? >>> finally, excitement is ramping up as baseball season approaches. but the washington nationals got things under way with another crucial part of their team spirit this past weekend. the mascots. if you haven't seen them before, the figure heads are fittingly the four presidents featured at mt. rushmore. washington lincoln, jefferson and teddy roosevelt. and saturday brought the last round of tryouts for mascot wannabes. their requirements? handling the 45-pound costume, not to mention clocking a 40-second run from center field to home plate. and even freestyle dancing is included. it's now a tradition for the mascots to race against each other at the end of the fourth inning. not all the contenders

kent -- consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is croysed. >> thank you, mr. speaker. mr. speaker, i rise today to speak about a very happy occasion for every member of the arizona delegation. i'm proud to have introduced h.con.res. 100 which invites the entire house of representatives to join with the arizona delegation in commemorating arizona's centennial. for the past 100 years, arizona has stood as a beacon of opportunity for millions of individuals who came to the state to make a better life for themselves and their familyless. mr. quayle: they came to arizona and biment the state we know today, a state with rich diversity, a soaring optimism, driven by an innovative spirit. they came because they know that arizona embodies what's best in america. i can't imagine a better place to live and i'm proud to call arizona home. i'm proud that it's the place i have choke chosen to start my family and representing this wonderful state is an honor beyond words. arizona's had 100 great years. we start the next 100 with the same spirit of optimism and determination that made

budget chairman, kent conrad, has pointed out, the only business going on in ugland house is funny business with our tax code. shell companies that hide assets and dodge tax liabilities. mr. president, it does not make sense that our tax system permits the highest-income americans to pay a lower tax rate than a truck driver pays. and it doesn't make sense that we allow americans and american companies to, by the thousands, to hide income in offshore tax havens like this. if you look at the rates that are paid, warren buffett 11.6%, the occupants of the helmsley building on average 14.7%, and the 400 $225 million a year earners on average 18.2%. and you look at the fact that we have multitrillion-dollar budget deficits, it means that the taxes they're not paying at the nominal 35% rate, are taxes that somebody else ends up having to pay either through deficit or through additional taxation. so this is why the fair share act makes a lot of common sense. and i hope that senators on both sides of the aisle will take a good look at it. this bill would do a lot of good things. it would simplify taxes. there is no point chasing loopholes if you know you're going to have to pay

>> my name is kent taylor and my question to all the candidates is, how do you plan on dealing with the growing nuclear threat in iran? >> it's a pressing question at the moment. mr on this one. i want to ask you in the context that general dempsey told cnn a strike at this time would be destabilizing and would not achieve israel's long-term objectives. if you win this election general dempsey would then be your chairman of the joint chiefs. if the prime minister of israel called you, said he wanted to go forward and questioned, sir, do you agree, mr. president, do you agree with the chairman of the joint chiefs? would you say yes, mr. prime minister, please stand down, or would you give israel the green light? >> first of all, this is two different questions. general dempsey went on to say he thought iran was a rational actor. i can't imagine why he would say that. and i just cannot imagine why he would have said it. the fact is, this is a dictator, ame ahmadinejad, who said he doesn't believe the holocaust happened, this is a dak tater who wants to drive the united states out of the middle east. i'm inclined to believe dictators. now, i think it's dangerous not