the end of the war laid the foundation for the growing relationship between the united states, the unitedlebrate as the str strongest of allies and closest of friends. as our three nations mark this milestone, i'm confident our alliance will abe a force for good and together we will leave this world a better, safer place for generations to come. >> now the secretary of the united states navy, ray mapis. >> governor o'malley, senator, the entire maryland congressional delegation, madam mayor, to the ambassadors from the united kingdom and canada. i have two observances for you. one is that i had the privilege of participating in the normandy 68th anniversary of the landings there earlier this mochlt it went to three british events. i was soaked at each one. but this is also, mr mr. ambassador, navy weather, and to our canadian friends, on my visit to canada earlier this year, both our countries are celebrating the war of 1812 as great victories. so it is fitting that we're here together at friends. we declared american independence in 1776 in philadelphia. we won our independence in 1781 a

the second clock is how much time does israel have to stop iran, israel/the united states to stop iran, either with an attack, either with sanctions that we've just instituted, or with cyberattacks. the third clock is the american election because just think of whether the swing states likely to be in the election, florida, and if the israelis feel that president obama is going to be a re-elected president, i think there's a real question in the minds of the israeli leadership whether obama would support them in a second term. if there is an arab-israeli war, israel needs the united states. and if they feel, if they sort of thought ahead and concluded a reelected obama is not going to be in israel's best interest and we are facing an threat, then they have to launch a preemptive attack before the election. no candidate for president of the united states is going to walk away from israel right before the election because of the consequences of the jewish vote. the second thing, though, i think is timing, timing-wise, is the state of israel has to conclude that time is not on their side

it is the largest minority group of leigh the united states. its voting power has an increasing tremendously and looking sophomore the border, there are positive opportunities that benefit this country by a closer alliance and relationship. i don't think americans truly understand the significant changes that have occurred in domestically and internationally south of the border that would benefit pay more attention. as an example, the evolution and strengthening of democracy and certain large countries in south and central america like mexico, colombia, brazil -- we have cemented the democratic ideas of a democratic form of government and coupled with that has been the growth of its economy. in mexico and brazil, their growth has been greater than a dead united states. latinos are beginning to take more of an interest in what happens and we believe this future of the latino community is tied to improving our relationship with the south of the border. for us, this report will highlight the opportunities for a closer relationship that integrates

in the united states when people come to the united states they become us. i'm an italian descent, whether you are jewish-american or hispanic-american you become americans and maybe the first generation is whatever the home mother country was but by the second generation the kids are in the mall and have the earphones in and are normal american kids. we integrate them into our society. europe has failed to do that and i think that then presents a very different threat. i think what you'll see politically as the europeans go to the polls is that a voting block they cannot ignore and the worry is that as europe faces economic crisis, the margins of victory are ever, ever closer in any election that they cannot ignore that voting block. and if that voting block is radicalized then i think it becomes a serious and major problem for europe. >> as in t.t. mcfarland as in ambassador ware as in many of the women in public service or private life in colorado today and across the country, conservative women, women who love freedom, women who know what's at stake. in

it is always is the gateway of the united states to china. as the economic and trade cooperation between china and the united states and california deepens, now we believe that trade and investment keeps growing. china is the third largest export destination for california. many multinationals like hp, intel, cisco, and chevron are doing well in china. they're making money in china. at the same time, as the close relationship is going on, many chinese companies are working in san francisco in california. i would like to name a few. the tsl, ciuts, just to name a few. these are successful chinese companies working here. as the american companies in china, the chinese companies working in california in san francisco are also making contributions to job creation and the development of the economy in local areas. we're thinking these are very good signs. as the previous speakers mentioned, we paid a visit to the united states last february. governor brown proposed that we set up a working group for the u.s., a state, and china provinces to cooper

as the previous speakers mentioned, we paid a visit to the united states last february. governor brown proposed that we set up a working group for the u.s., a state, and china provinces to cooperate. we call this a working group, a joint working group of provinces and the states. at that time, the vice president made a very good, very positive response for the proposal. after the vice-president returned to china, we worked very hard on the proposal and my visit this time is to further the proposal. to make further follow-up of the proposal. yesterday morning, the delegation was in sacramento so we had a very good and successful and fruitful discussion with the lieutenant governor newsome and secretary ross. we believe when the working group is set up, it will tap the cooperative potential between our two sides while in many areas such as infrastructure, new energy, biomedicine, electronics, information industry, agriculture, and high and manufacturing. mayor lee echoed positive statements to our proposal before we came to this seminar. we had a very good meeting with mayo

get the permit to do that based on safety rules cars kill about thirty thousand people in the united states annually in forty one of our states if you want to drive and carry a gun for lawful protect. public there is a stricter more severe and tougher but still fair system for people to get a permit but unfortunately we have nine states including california and new york were permits are unfairly denied to people and that is criminogenic again back to the start of the show we stopped a massacre in colorado at a church in two thousand and seven because we have a fair objective law so that people can find it's just. to what degree does the the n.r.a. right law in the united states when it comes to guns how powerful is the lobby. well you know i don't know that i'm that i'm the person that's the expert just speak on that i'm mark maybe a better person to speak on that but i do think that when we look at the politics let's just take cars and guns and we look at the the politics of of regulation well in california for example and fairly recently we we increased the regulation of driving for fifte

the united states is very careful. we're not claiming in any of these and we try to take a position that our primary interests are principalled and strategic. freedom of navigation, maintenance of peace and stability. that commerce, legal commerce be unimpeded. that problems are not solved through coercion. and that international legal principles and multilateral collaboration is the best way forward. we have urged philippine and chinese interlocketters to take necessary steps to -- to deescalate from the crisis. we are -- i think pleased at the reestablishment of dialogue between beijing and manila. this will be an issue that will take substantial effort. we are al -- we are coming into the region forum. we expect issues around the south china sea. >> the code of conduct for example. >> will be -- key topics of conversation. the united states is not going to shirk from its interests in maintaining these principled positions going forward. >> more with kirk campbell the assistant secretary of state for >>> we're back w

the moral standing of the united states major setback of credibility of the united states. the united states of america pretending, acting the leader of the free world and yet and expanded in torture and abroad. the economic costs of the 9/11 war between three to $5 trillion. three to $5 trillion. >> it's one of those members i've been using and hearing and writing this for so long and it's one of those numbers that is so large it is almost impossible to comprehend. what is a trillion? i can't quite imagine a million. >> guest: think about when barack obama came and said 700 million, $700 billion in order to basically reconstct the american economy, think of the cry. you are spending $700 billion. we don't have $700 billion. we dn't even have $3 trillion we have spent. most of the money was borrowed not to mention just about economic cost is also about the opportunity cost. while the united states was chasing the jihadis in afghanistan and pakistan the war was going on so barack obama inherited the legacy of the economic decline and also the rise of the geostrategic power c

for all of us, thank you for watching united states farm report. be sure to join us next week. today on u-s farm report... heat and lack of . >>> united

that i will support and defend the constitution of the united states and the laws of the united statesamerica. against all enemies, foreign and domestic, that i will bear true faith and allegiance, that i will bear arms on behalf of the united states when required by the law. the dye will perform noncombata services -- that i will perform noncombatant service is in the armed forces of the united states when required by law. the dial performs work of national importance -- that i will perform work of national importance under civilian direction when required by the law. that i take this obligation freely without any mental reservation or purpose of evasion. so help me god. congratulations. [applause] please be seated. congratulations to our newest -- i am proud to call you my fellow citizens. there is no fluke more fitting day -- there is no more fitting day to do this than a fourth of july when we celebrate the to under 36 anniversary of our declaration of independence -- 236 anniversary of our declaration of independence. these new citizens are members of the armed forces. all the 25

so that's the one example in the book where the actions the united states takes really do impact the actions of other countries by the united states spending far more on military and being at least viewing itself as more of armed to protect many of these countries it ends up letting those other countries spend less and that's exactly what you see in the dynamics. in what areas does the us find itself in a leading position among other wealthy nations there are a few areas where we excel we have some of the best colleges in the world so that tertiary education our graduate schools are outstanding some of the strongest in the world our hospitals our technology overall is world class and overall those types of advantages are what draws the best talent in the world here students come here in order to learn and hopefully we can keep the opportunities for them not only to arrive here but for them to stay our technology that allows us to innovate and create some great companies that still exist and our entrepreneurship the government rules that allow us to create new companies and to pat

they want the united states have africans kill other africans in their interest that's what it sounds like to me you know in this and this is my international version go ahead i mean first go ahead. but i have to say that the you know africa was split up in these commands and it wasn't given much emphasis because nobody really cared about it frankly and now all you do is you hear the commander and other people in the in the command itself talking about what are the threats the threats to oil right so i think well is a major factor in this and we can't discount that i don't know as we're trying to the united states is trying to have africans africans kill other africans but certainly we have all these military training programs with special forces around the world and that's kind of what ends up ends up happening we want geo political influence for oil and other reasons but what happens is a lot of the time unfortunately that all this training goes to repressing internal revolt and we try we say that we're instilling democratic values but you can't you can't do that in a seminar

and settled in the united states, at united states children and citizen wife. as a whole we want to address this issue. >> host: palm beach, florida. >> caller: thank you. very hard work. i want to comment on the integration of the u.s. army with the mexican army and heading towards north american union and something that might be dangerous for our health and safety laws friday while enforcement perspective. >> host: do you see a lack of sovereignty? >> guest: that won't happen. very simple, mexico is a sovereign nation. they are proud to be a sovereign nation. we are sovereign nation in the united states. we all need to cooperate as neighboring countries for the security. not just of our region but the security of the entire world. we work closely together. i want to say i am proud of the service, work very much on our behalf to protect our country and i will tell you one thing about immigration as well. i had the pleasure of naturalizing many immigrants who serve in our armed forces and became united states citizens. we deal with immigration, it is a huge com

are in the united states. as it stands right now, because of our worldwide tax regime, many global corporations have their parent company in the u.s. as a matter of historical accident. if they -- if they had to do it all over again, they very well might decide to incorporate elsewhere in the world. the way to address that, the way to make sure that the u.s. is a place global businesses want to incorporate is to transition our current worldwide system of taxation to a territorial tax system. a territorial tax system would only tax businesses on the profits they make in the u.s. this way, businesses would not be discouraged from incorporating in the u.s. now, if a business incorporates in the u.s., all of its worldwide profits are subject to u.s. tax. it is certainly true that a territorial tax regime must be done right and that the devil is in the details, but it is also clear the territorial tax regime proposals could lead to greater investment in the u.s. and more headquarters jobs in the u.s. a territorial

there are two different governing philosophies at war in the united states of america. one is that a constitutional republic and one is of a socialist, egalitarian welfare and nanny state. the latter cannot be the way forward for this country. when i look at the inner cities, when you look at 14.4% unemployment in the black community, when you look at the fact that you have over 40% unemployment for black teenagers, my wife is a brilliant woman. we have been married for 23 years. black families, kids with the mother and father in the home, 28%. something is going very wrong in this country, and that is the truth that has to get out. >> we are depending on you. [applause] >> he has met a great name for himself in congress and we are very proud of his service. our next speaker has arrived congresswoman michele bachmann. before she entered politics, she was very busy as the mother of five children and she had 23 foster children in her home. i had six children, but i don't know if i could have dealt with 23 foster children. in her spare time, she was a tax litigation attorne

and he was responsible for looking out for the protection of the united states, or the united state's interest in illinois territory. at that time there only to u.s. garrisons in illinois territory. 50 for soldiers at fort dearborn, not chicago just north of us on michigan avenue. and in 36 soldiers, 365 miles away on the ohio river. those 90 soldiers were given the task of guarding the two states of illinois and wisconsin, as war broke out. so a lot of the responsibility for self-defense fell on the settlers themselves. at every free white male between 18, and i believe it was 46, was bylaw a member of the state militia. typically this meant that they would muster for time to you, have a big party day, a lot of drinking. you know, they would march around. but when war broke out this be a very, very significant sacrifice by the militiamen who would have to leave their farms. especially in the spring and fall which were the main campaigning seasons, to go and serve for pay, which might never come, for sometimes extended period of several weeks or even months. so they answered to govern

the perspective of the un charter which says you really cannot you're supposed to engage in the united states and all other countries are supposed to solve their international disputes peacefully even including non-state actors and you need to be able to work with. countries where non-state actors are are. are being. held or are being. housed or protected by some portions of the government but you need to be able to make that case make it internationally and just think of what would have happened is instead of instead of the ten years ago as invading the u.s. invading afghanistan there was a real push to actually arrest and detain the people who had planned nine eleven i think i think that would be this way i wouldn't be sexy enough for i think a lot of politicians here chris if i can go to you i mean you know let me go to chris here in london and i think it's really it's interesting is that they don't want to talk too much about this because these are precise weapons but they still kill a lot of other people here and that's the issue they really don't want to address. the cia made the extrao

>> i think we would love to have the united states unemployment rate of under 9%. ours is probably closer to 50%. we would love to have our young people really skilled, really educated on top of math and science and being able to contribute to the technological age and to the knowledge economy. unfortunately, the past, or young black students -- where young black students could not compete with math and science and welcome it takes two generations. it takes the first generation to teach it and it takes the second generation to get the product of math and science into the university and into the economy. so we have long goals with our shortages. >> so there is poverty in the country. >> there is a significant amount of poverty. that poverty -- income poverty, meaning people who do not earn at the same time, we have diseases that we need to combat like hiv and tuberculosis. in some places, there are neglected tropical diseases. but there are problems of a first world nature cardiac disease. president zuma's challenge is how to make sure we get the right skills so our

israel strikes unilaterally or the united states and israel, or the united states strikes and everyone blames it on a united states and israeli coalition. but the important thing is, we have to avoid using military force, if at all possible. on what is frustrating as an analyst, we have sanctions and they take a bite, we hear, soon, from the white house. and then they say they will increase sanctions and it will be biting. we should have started the sanctions 2 1/2 years ago. we know how bad it is if iran gets nuclear weapons but we do not have an effective plan. >>shepard: but i read from this analysts that iran having a nuclear weapon would not be the end of the world; that iran would then be more of a stabilizing nation than it is now. i'm not sure how many people subscribe to that notion, but it is out there.>>guest: it is out. i don't think iran with the country regime necessarily having nuclear weapons would be an absolutely untenable situation. the problem is, what happens if this regime goes and a worse regime comes to power. we saw that with egypt and the whole arab spring. we

being attacked by the united states strongly condemn this question. illegally shoot five hundred days now i've been detained without charge. that hasn't stopped us. today we're on a quest for revolutionary ideas that can change the world tomorrow. and he which was driven between moscow and washington this week as u.s. senators backed sanctions against russian officials it suspects of human rights abuses moscow says it's an interference in its internal affairs and has warned of a symmetrical response the circle list primarily targets people allegedly linked to the death of the russian lawyer. he died while in custody facing tax evasion allegations three years ago the u.s. congress has yet to vote on the bill political analysts martin so you've says that the move is extremely ill timed in terms of u.s. russia relations. the united states and russia are the two great thermonuclear powers in the world russia remains the preeminent strategic partner in the eurasia mass the american states and russia have an enormous amount of strategic interests and concer

there would have to be an announcement by the president of the united states that the united states intended to go forward to a modernized gold standard, and he would announce the period in which the market would have its opportunity. the open free market would have its opportunity worldwide to adjust to conditions in the market. and the process of discovery generally known as price discovery for any product, whether it be toothpaste or gold, would go on in the market as everybody attempted to adjust themselves that two or three years hence on a date certain the dollar would be defined at law as the weight unit of gold and during that period, the price of gold would clearly tend to vary in proportion to its all-in cost of production. so as you approach that date, you would be guided very substantially how to have this reasonably long period of adjustment by the market price of gold. the second aspect of the problem, which has always been the case in successful restorations of the gold standard. france had one in 1926. france had another in 1959. 100 to the gold and 100 present point carry. i

united states could end it right here. rogers, for the win. got it! the united states hangs on! and defeats spain two sets to one. despite a gritty effort by silver medalist pablo herrera and his partner, adrian gavira. >> and he is not happy. he hasn't gone over to the officials to shake their hand. he threw his hat in disgust. going to pick it up now. >> gavira shaking hands with the officials. not sure if herrera will go there. there's gavira. herrera, and he is yelling at the officials. and i don't blame him. it's a shame the match has to have a noncall right at the end. but the spanish players have no one to blame. i guess they do in the officials. but they stopped playing, and that's one of the cardinal rules of volleyball. continue to play until the ball is dead. >> so many times these players, they try to politic with the refs. they try to applicate their side. but the best time to do that is after the ball has been decided. the play has been decided. you can't do it in the middle of the play like that. >> so the united states hangs on. losing the first set, they rallied

care outside of the united states. and the data, essentially, looks at medical tourism principally to places like india and singapore, and they always give the data above the numbers that go there -- about the numbers that go there. now, the vast, vast, vast majority of those are from southeast asia and the middle east and not from the united states. so it is a trickle of people who leave the united states for health care outside. i think it has almost negligible nick influence on health care in the united states. >> do the people who utilize your 24-hour call service have to have insurance? >> no. [laughter] >> aren't there other factors beyond smoking and obesity that cause ill health like chemicals, air and water quality, and what are you doing about these? [laughter] >> you guys are mean. there's no question that there are multiple other things that affect health care, but those are the, those are the three really big ones. the thing that concerns me, quite frankly, is the epidemic of autism. autism, frankly, was s

or indirectly you're providing capital that can then be loaned out somewhere other than in the united states and one of the realities of capital is that it is a gnostic it doesn't honor flags it doesn't honor political parties it goes words treated well and so if you put in a system that incentivizes the movement of labor into places that have effective slave labor and use environmental arbitrage in other words dumping toxic waste into the air and water where you can't do that here in the united states then it's not a surprise that capital flows to where it can be exploited by those businesses we need to take a very serious look at how we look at trade and now we look at policies related to trade and labor in that area because we're essentially driving jobs and opportunities out of the united states we've been doing it for twenty years but coming back to some of these big companies and these big corporations that twenty years ago were making decent profits the fact is that they haven't had to change their policies to keep those million and billion dollar profits number so karl that these cor

narrator: over 300 million people live in the united states. and each person uses an average of 100 gallons of water every day. man: what it takes to actually make clean water is somewhat a mystery to most customers. woman: so how does water get from the river into your house, or here at school? woman: somebody has to bring that water to us, and somebody has to take it away when we're finished with it. man: the water infrastructure is vital for disease protection, fire protection, basic sanitation, economic development, and for our quality of life. man: you just can't visualize all the assets that are under our feet. we have about two million miles of pipe in this nation. if you're walking around in an urban area, you're probably stepping on a pipe. man: our grandparents paid for, and put in for the first time, these large distribution systems. woman: and in many cases, it's not been touched since. man: we're at a critical turning point. much of that infrastructure is wearing out. narrator: our water infrastructure is made up of complex, underg

on october 8, 1970, governor mechem was confirmed by the united states senate as united states district judge for the district of new mexico. he served in that position until his death in 2002. in a letter to my office, his wife wrote, he loved this state from one end to the other and vacations were rarely taken outside of new mexico. all of his life, he loved to spend his free time driving the back roads checking the water situation and seeing all was well with our crops, our business and our communities. this year marks the 100th anniversary of new mexico state hood on july 2, 2012, governor mechem's birthday. naming this courthouse during 2012 is an honor befitting his life of service and i ask my colleagues to vote in favor of h.r. 3742 and strongly encourage quick action and passage by our friends in the senate. thank you, mr. chairman. and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair recognizes the gentleman from illinois. mr. costello: thank you, mr. speaker. i would ask my friend from indiana if he has other speakers. mr. bu

welcome to united states strategic command.shes for success in accomplishing your mission and i look forward to working with you as part of the great stratcom team. thank you. [applause] >> ladies and gentlemen, lt. general burgess and lt. general flynn will now join secretary panetta at center stage for the defense intelligence agency change of directorship. by direction of the secretary of defense, lt. general ronald l. burgess, jr., will real link distinguish the directorship of the united states defense intelligence agency, effective 24 july, 2012. lt. general michael t. flynn is hereby appointed director, defense tell intelligence agency effective 24 july, 2012. ladies and gentlemen, the secretary of defense, the honorable lee on e. panetta. [applause] >> thank you very much, ladies and gentlemen, distinguished guests, leaders of the department of defense, and leaders of the united states intelligence community. it is really an honor for me to be able to participate in this ceremony paying tribute to ron burgess and acknow

the moral standing of the united states, the credibility of the united states as an actor. the united states of america pretending, and acting as the leader of the free world and experimenting torture abroad. the economic costs of the 9/11 wars were $5 trillion. between three and $5 trillion. >> host: is one of those numbers i have been hearing and reading and writing this number for so long and is one of those numbers that is so large it's almost impossible to comprehend. blood is a trillion? i can't quite imagine a million. >> guest: think about when obama came and he said 700 million -- 700 yen dollars in order to basically reconstruct the economy. you are spending $700 billion. >> host: we don't have $700 billion. >> guest: no, we did not even have the three to $5 trillion that we have spent. most of the money was are owed money. not to mention the economic cost. it's also the opportunity cost. while the united states was chasing bands of jihad is in the valleys of afghanistan and pakistan the world was going on so barack obama inherited the bitter legacy, declined econ

what should the dialogue be in the united states and these countries and in the united states? >> on the migration issues - we need a whole different new perspective. if you look domestically at the country, you are looking at it an aging population and even though we are in the midst of high unemployment, and people think today if you look ten years from now, this country is going to have deficit both at the low end and at the high end. so i think we need to get migration very differently. secondly, from the sort of more we work with and collaborate with our partners to the south to develop economic opportunities at home, the less migration we are going to have in this country. and i think to the degree that we can reform our immigration law and have an honest conversation about migration and separate because there are two issues. first is the contentious issue that we are dealing with and we hear about all the time is the number of immigrants in this country and what we are going to do with those individuals and that is what gets the headlines. what doesn't get the headline i

i mean, you can't do anything you want in the united states. -- can do anything you want in the united states. but for some reason it is bad to do good for yourself -- you should be taxed or you should be .ot given as much money i i just wrote a check for $10,000 to the government. what and i'd like to spend that on something else? the more money we make, the more we get taxed. it should be all of our dream to reach for the most wealth we can achieve for ourselves and the government doesn't have anything to do with it. host: tampa, florida. john, independent line. caller: it is important to remember that as far as becoming wealthy, they're always must be some of the earned -- unearned advantage. the wealthy have an opportunity to work hard and become successful only in the presence of an unearned a man is an absence of a critical undeserved disadvantage. brain physiology, hite, face shape, things like that and being born at the right time. if you are born now you do not have the opportunities from back in the 1950's, 1960's, 1970's, for reasons as described by the first caller. host: w

let's say it's not it's not the issue alone of the united states but it also involves. nato member countries with whom pakistan does maintain good relations and i think the seven eight months of suspension pakistani leadership did come to conclude that somehow both countries needed to move on in order not to sour relations not only with the united states but also with the other members of the nato as you say as you say pakistan enjoy enjoys a close friendship with some members of the nato alliance some i draw into question how close their friendship is with out of the united states of america we know that washington gives pakistan billions of dollars in aid and military hardware every single year with this opposition movement do you think the benefits perhaps outweigh the consequences considering the huge amount of money that washington throws into pakistan. well i think first we have to rectify this perception the way that you emphasized the billions of dollars it's not all that big amount of money. the united states had been giving giving to pakistan they did a good e

you can see very well the border between the united states and mexico. you can see the border between guatemala and mexico. >> hinojosa: and so those three, like, what do you see? the united states in terms of... >> the density of crops in the north of the rio grande is much higher. and the density of crops in the south of the border is not as high. you know, it's noticeable. and because you're looking at it from such a distance, you see it as a straight line. and nature usually doesn't make straight lines like that. you see borders between states in brazil, for example where, you know, deforestation is taking place in one state and not in the other. why? it has to do with the way people live, the way people, you know, decide... >> hinojosa: you could have made a choice to become, let's say, a human rights activist, traveling the world, talking about, you know, land usage and human rights. but in fact, you have been working for 32 years on developing a rocket that is powered in a different way than regular rockets that would get us to mars, your way... >

an attack by the united states so we can down there. illegally shoot five hundred days now being detained without charge. hasn't stopped us. today we're on a quest for relief ideas that can change the world tomorrow. around three hundred protesters have reportedly storms the national election commission office in the libyan city of benghazi just trying to impeach is and burning versioning material outside they then it comes just days before the country's first a direct call for congress which will be tasked to oversee a new government was elected but activist and journalist a second chance down south has little sign of a democratic progress the elections are about to come about in libya in a few days but i don't think it's a sign of any democratic progress in libya because all indicators which should be there which would lead to. a healthy democracy would be taking place are absent so what we have is a is the relative persecution of women's right relative to what happened in the gadhafi persecution of all dark skin libyans who are being

so there are more and more chinese companies coming to the united states and investments. according to chinese statistics, for the last 18 months, the chinese investment in the united states grew by 18-40% -- by 14%. it is up to $6 billion. the investment is still a small figure. it is growing very fast. today, our common interests have expanded and interdependence has been deepened. now, as the impact of the financial crisis still lingers, both china and the united states have committed to transforming their economic growth. their economic growth models by increasing input in some new areas like new energy, high- tech, high end manufacturing, i.t., bioscience, etc. these could translate into new corporation -- cooperation opportunities. the u.s. as you know is implementing its export initiatives and select u.s. programs while the chinese government is implementing its plan. one of the main contents of the plan is to expand tschida's domestic demand -- tschida's domestic demand. so for the next five years, -- china's domestic demand. we will import 10 trillion dollars of f