not only mexican export to united states but also american products going to mexico and that means jobs for american people and american workers. so the american exports, united states exports, almost $200 billion to mexico every single year. somebody says that china is quite important, economy is growing really fast, crucial. a lot of american exports used to go to china. but we mexicans are importing more american products than chinese or japanese people combined. so we are more important destination for american products than china and japan together or the rest of latin american countries or europe. we are really fans of american products. and that is important to talk to the people here in the united states when we are facing these blocks against free trade and other important issues. well, that is more or less in your document is by far more clear, but mexico's rank as an export market for the state. and you can see for a lot of states here mexico is the first or the second most important market for american products. that is quite important. finally, some comments about migration

states and the number of american jobs that depends on the exports to mexico. so i strongly recommend to read these later. i don't want to lose your attention on this. the united states export almost $200 billion to mexico every single year. somebody say is china is quite important. it's crucial. a lot of american exports used to go to china. yes. than china and japan together or the rest of latin american countries or europe. we are really fans of american products that is important to talk to the people here in the states when we were facing these blocks against free trade and other important issues. well, that is more or less -- your document is by far more clear. and you can see for a lot of states here mexico is the first or second most important market for american products. of course we are in favor and we express the gratitude to the u.s. chamber for support to comprehensive mie kbrat in the united states. for the people to serve, the hard workers who used to pay a lot of taxes and so on it's comprehensive reform. but not only -- [ applause ] >> not only the people businesses here in the united states need workers. our sector in the united states is lo

is not only mexican exports towards the united states, but it's also american products going to mexicoand that means jobs for the american people and american workers. so the american exports, america -- united states export almost $200 billion to mexico every single year. somebody say that china is quite important, the economy's growing really fast, is crucial. a lot of american exports used to go to china. yes. but we mexicans are importing more american products than chinese or japanese people combined. so we are more important death nation for -- destination for american products than china and japan together or the rest of latin american countries or europe. we are really friends of american products, and that is important to talk to the people here in the states when we are facing these block against free trade and other important issues. well, that is more or less -- and your document is by far more clear, but mexico's rank as an export market for the state, and you can see for a lot of states here mexico is the first or the second most important market for american products. so

this is an example of how exports affect any economy. in the united states, we export goods to europe, but it accounts for just 1.4% of our gdp. it is a small portion. china, it is about 5%. germany is 21%. germany needs the rest of europe to perform well and get out of this recession so that they continue to expand as an economy. germany has a chance of going into recession, and it may very well happen. on a more upbeat, california. california is doing quite well. i like the start because it shows how california is doing relative to the united states and relative to texas. we kept hearing how great an economy texas had. but you can see we are on a much faster pace than the united states and about the same pace that taxes is at. -- texas is that. but they do quite well for the fact that their largest employer is the federal government. in a recession, the federal government does not lay off people. the second largest employee -- employer is the state of texas. they do not let up people. all the support organizations that work with those people to knock have

a long time, if ever, if united states is our number one export market vote for us the united states ot we are only export market. that is not in our interest, either commercially or even private. >> in clean energy be an increasing part of the next? it does seem to me we're trying to export clean energy technology, too, to asia, especially to china and solar and other issues are in that mix. but today at least as i was sitting president obama he was talking about clean energy and obviously if we have an easy choice between reforms of energy, and clean energy, who wouldn't a clean energy? how big a piece of the energy by do you think that is? >> clean energy is going to be a growing part of the mix, as far as fossil fuels coal, natural gas is a clear form and that's where the growth is. in terms of clean energy and climate change, we have engaged in quite cooperative action with the obama administration, for instance, on transportation regulation to try and get better and cleaner energy usage, like the united states. we also invest in newer technology, wind, solar, carbon capture and

united states. so i want to start off with our panelists with a fairly open-ended question. which of these stories should we believe? the united states as an emerging export power house, or the united states as a nation that really is at a serious competitive risk. i'd like to start with sam allen among the many hats he wears is the chairman of the council on competitiveness, which was a group established in the mid 1980s led by chief executives and they have done work on this over the last 20 years. we'll start with you, sam. >> at risk being in washington, d.c. and answering this way, i think the answer is yes and yes. i think both are true. if i look at our company, john deere, we'll be about 32 billion this year, 50% of it is in the u.s., 50% is outside the u.s. we are from 2010-2018 going to double the size of the company and a lot of that will come outside of the u.s. about 50% of what we do outside the u.s. we export from the u.s. i think one of the things and why there could be a manufacturing renaissance here is there is this combination of both going through the '09 financial crisis, every one of the companies here 18 free market society made to

. >> we're already a significant exporter of hydroenergy to the united states. manitoba does some and we have a fairly integrated electricity market between our pro countries already. but being looks, there's lots of capacity for canada to dramatically increase its hydroelectric power and to export more of that power to the united states. this is one form of energy we will not be exporting to asia. >> that would be tricky. >> yeah. we have tremendous capacity for growth here. and there are regulatory sides border. we think it would make sense for the united states to find a way to purchase more clean hydropower from canada. >> the new bridge between windsor and detroit would help make our border seamless. why no forge an agreement with president obama on this? >> yeah. we have been working with american governments for some years. some of you may know there are unusual circumstances across the detroit-windsor crossing we're trying to overcome. we think it is ef sense -- well, you know, let's be frank about that. there is a bridge there today that has a private ow

we are the number one export destination for the united states. most americans do not understand anything like these numbers. the united states exports more to canada than it does to the u.k. and germany combined. we never miss an opportunity to discuss the very important trade and relationships we have with this great country here. >> thank you. [speaking in french] [laughter] now we will talk in english. let me start with competitiveness and innovation, because as i listen to what the president said and what you have just said and what president id, are talking about a $1 trillion-plus marke t, and that starts to add up to real money. one of the things the presidents list was a joint regime for simplifying regulatory reform. at the wilson center last week we had a meeting on the american innovation and competitiveness, and one of the countries that came up was stifling -- one of the subject that came up was stifling regulation. what are the ways to to spur competitiveness and take that trillion we now have and multiplied that by a lot? >> in term

it's a win for the united states by increasing exports by more than $1 billion, supporting thousandsobs and helping my goal of doubling u.s. exports. it's a win for colombia, by giving you greater access to the largest market for your exports, the united states of america. and i'd add that this agreement is a win for our workers and the environment because of the strong protections it has for both. commitments that we are going to fulfill. so president santos, thank you for your partnership in getting this done. colombia's economic progress puts this nation on the path to join the ranks of developed nations. president santos has made it a goal to seek membership in the organization for economic cooperation and development and today i can announce that when colombia is seeking it, the united states will support the candidacy. [ applause ] moreover, we will actively encourage members to support colombia's membership which is a symbol of colombia's transformation. alongside our deeper cooperation, we're strengthening our security cooperation. the united states is proud to stand with the

we are the number one export destination for the united states. to give an idea of the scale, most americans do not understand anything like these numbers. united states exports more to canada than it does to the brit countries, u.k., and germany combined, and, of course, we're also your largest supplier, external supplier of energy and 25 #% of all oil imports come from canada, larger than any middle eastern country. we never miss opportunities to discuss the very important trade and other relationships we have with this great, great country here. >> well, thank you. [speaking in french] [laughter] okay, now we'll talk in english. let me start with competitiveness and innovation because as i listened to what the president said and what you have just said and what president calderÓn said, we're talking about when you add in moment koa, a trillion plus dollar market and that adds up to real money and real clout. one of the things on the president's list agreed to today, i think, is a joint regime for simplifying regulatory reform. at the wilson cen

united states. so i want to start off for our three panelists with a fairly open-ended question. which of these stories should we believe? the united states as an emerging exporterhouse or the united states as a nation that really is at a serious competitive risk? and i'm like to start with sam allen who among the many hats he wears is the chairman of the council on competitiveness, a group established in the '80s led by chief executives and involving a great research team, and they've done some of the best work in this country on these issues over the last 20 years. we'll start off with you, sam. >> at risk being in washington, d.c. and answering this way, i think the answer is yes and yes. [laughter] i think both are true. you know, if i look at our company, john deere, we'll be about 32 billion this year, 50% of it is in the u.s., 50% of it is outside the u.s. we're from 2010 to 2018 going to double the size of the company, and a lot of that will come outside of the u.s. about 50 % of what we do outside of the u.s. we export from the u.s. i think one of the things and why there could be a manufacturing renaissance here is there is this combination of going

this is oil found in the united states, drilled for in the united states, sent down to texas, we find down there in the houston and port arthur area, and exported it. where did they export it to? our oil, united states oil. they exported it to chesapeake bay. -- china the to the communists. the republicans are here with an amendment that makes it possible for us to stop the oil from the keystone pipeline from being sent to the communist chinese. now, i hear a gentleman out here charging president obama with being a socialist. but who would engage in this kind ever activity? to have the pretend that they want to have oil for the united states and for our citizens and then when i ask for an amendment to ensure that all the oil that comes through the keystone pipeline stays in the united states, the republicans say, you're not making that amendment. we are going to tie your hands, mr. markey. you can't make the amendment. we don't want you to make us. be prohibited from selling this oil to the communist chinese. ladies and gentlemen, that's just wrong. that's wrong. that oil is american oil. that oil should stay in the united states. if we are bui

exports. it could be tributes to job creation in the united states. it does it through loans, through guarantees, through insurance. it fills in gaps in trade financing at no cost to taxpayers. the private market, the market sometimes doesn't deliver in these situations. the export-import bank can fill in some gaps and help companies that have the ability to grow and export to actually do that. the ex-im bank generates revenue to the u.s. treasury, yet despite this record of success, exports and jobs are at stake because congress cannot agree to ex-im reauthorization. the ex-im bank's lending authority expires may 31. we know that companies that export products, create jobs, pay higher wages and are more likely to be able to remain in business. export-supported jobs linked to manufacturing already account for an estimated 7%, one out of 14 of ohio's total private sector employment. so one out of 14 ohio workers is linked to export. more than 1/4 of manufacturing workers in ohio depend on exports for their jobs, the eighth among the 50 states. we need t

in the meantime, the united states plans tough new sanctions on iran's oil exports. steve? ith new sanctions on iran's oil industry, secretary of state, hillary clinton is stepping up the pressure saying the window for iran to reach a peaceful settlement will not stay open forever. >> this is a difficult problem. when the president says all options are on the table he means it. when he says that our policy is prevention, not containment, he means it. >> she spoke in saudi arabia and traveled to turkey where she confirms there will be talks with iranians this month putting tough sanctions on the banks and financial institutions that process payment for oil exports as the united states and allies expect iran is moving forward with a nuclear weapons program. iran say they want nuclear power only for "peaceful" purposes, with threats of military action, some say the new sanctions can only go so far. >> the administration, i think, understands, basically, the last time that iran has to make some concessions diplomatically not because the obama administration will do anything but

you're coming through the united states from canada, down where it is going to be exported out. benefit does the united states get out of a pipeline that's literally just crossing our land? >> first of all, this suggestion that this is an export pipeline is just a ridiculous statement. the u.s. is the largest importer of oil on the planet. you import close to 10 million barrels a day and canada, with its third largest reserves on the planet, sit right on top of the u.s. it is absolutely ridiculous to suggest that that oil is going to go all the way through the u.s., bypass a huge demand and go off to china. it doesn't make any sense whatsoever. this oil is intended to the u.s. have our shippers have said that. >> a lot of debate about the actual number of jobs created. others say so what, it it's only for a couple of months. what's the real story? >> we said this from day one. 20,000 jobs. 13,000 jobs in the pipeline sector. 7,000 manufacturing jobs in the u.s. we're building a pipeline that is 1700 miles long. $8 billion. it boggles the mind to think that pipeline is going to e

united states. it is over $100 billion in exports. to impact this with a disease like this that is a rapidly transmissible could have an impact in the millions. >> tests on livestock cannot tell the difference between an animal that has been vaccinated and one that has had the disease. that can stop trade, because disease free countries will not bite infected meat. the new vaccine can be distinguished from the disease and is also safer to make. >> this innovation is probably one of the most important in the last year's and has proven to be effected and livestock. >> as well as conducting research, scientists are the first line of defense against any suspected outbreak of foot and mouth on mainland america. there have been other reports already this year. >> high priority cases. we call them priority one. >> this is where the urgent come. >> within 24 hours. >> foot and mouth is the biggest u.s. government concern, but other animal diseases are being discovered that could be equally devastating. just last year, a new virus was identifi

in america, a company based in los angeles, she is the largest exporter per collar container -- cargo container volume in the united states and our number one export is in fact trash. her company alone accounted for -- well, i don't want to misquote it but a colassal figure of containers and many, many cargo veesfuls worth of scrap paper. can't remember if it's 300,000 but a big number. china's number one expert to the u.s. is electronics and computers and our number one expert to china is our trash. the line i use is, we have become china's trash compactor. our new economic model. >> the question being, why doesn't the city and county of los angeles mine its own trash? because billions of dollars potentially. >> we're starting to, both in the public and private sector. starting to turn that around but it's -- after all the effort to ramp up recycling, which is really a very inefficient strategy -- better than nothing strategy if -- the better strategy is not to make such wasteful products in the first place but we're only recycling 25% of the things we could be recycling. even san francisco, our national municipal leader

. >> if you look at the top ten export markets of the united states in terms of the ones that grew theost, seven are in latin aamerica. >> the president of the interamerican development bank and colombia's former embassador. he says the u.s. is very important but china has steam rolled into the region with tons of money to take advantage of the increasing opportunities. >> today the biggest export market of brazil, for instance, is not the united states, it's china. and also a country like chile and peru and soon will be the case for others. there is a rebalancing. >> between 2000 and 2009, trade between china and latin america grew more than 1200% from 10 billion a year to more than 130 billion annually. it's not just a competition for investment but for influence. and u.s. influence may be waning. one of the top agenda items is violence fueled by the drug trade. many in latin america you view the u.s. war on drugs as a failure and you are pushing for decriminalization of drugs, something the u.s. is opposed to. the economic boom has not made the drug war subside. his home country of

that will allow big united states to export hope and liberty and freedom around the world, not by just saying it, but by living it. every day and the way we conduct ourselves on the way we govern ourselves. mr. president, thank you for setting that example. thank you for inspiring a whole new generation of conservative republican leaders who you helped to create. so many of us who sit in the state houses today are products of your leadership, your willingness to give us a chance to make a difference in our country and your administration and now to make a difference in our states and a country and in the world because of the opportunity you gave us. thank you very much. [applause] >> coming up, supreme court justices ruth bader ginsburg, sonia sotomayor, and elena kagan paid tribute to sandra day o'connor. the former justice is celebrating the 30th anniversary of for appointment to the u.s. supreme court. live coverage on c-span2 at 6:30. on c-span, at 7:00, more campaign 2012 coverage. the indiana senate republican debate. that is live on c-span beginning at 7:00 eastern. taking as up

." >> it is good for the united states because it helps create jobs, right here in arlington, texas, we're a small, rural community but we export. we export airplanes all over the world and those exports create jobs in texas. ex-im bank helps not only create jobs but it helps sustain jobs. but especially in the economic times we're coming out of, job creation and job sustaining ability has got to be critical, in my opinion, to the whole country. >> dave went on to tell me, you know, fred, banks aren't lining up five deep to finance argentinean farmers. and the loans that we help -- that's what it comes down to, manufacturing jobs, good jobs, middle class job. it's good for air tractors and their workers. it's good for olney, texas, it's good for the american taxpayer. we haven't lost -- i have it right here, a single dime on this deal and we've been working with air tractor since 1994, 18 years, not one dime. now, the reason that's important, there are a few who think that ex-im is the next fannie or freddie. i'm the next freddie. where do i start? we don't operate in one country, we operate in 170. we don't operate in one indu

united states. important customer countries for those german exporters.all that made for a pretty poor start into this post-easter week. >> thank you for the firm of frankfurt. let's take a closer look is some of the latest numbers. in frankfurt, the dax closed -- where is it? seems to be missing. well, we seem to have some technical problems. so we will continue on with some other german news. >> here in germany, the new pirate party and a libertarian free democrats are riding high in opinion polls but analysts say citizens are so dismayed with increasing government encroachments on privacy and freedom that there is a backlash against politicians calling for ever more surveillance. >> the pirates are pummeling the mainstream parties, including the environmental greens, with their anti-4, pro-freedom message. and that, even though they have internal divisions. >> it is not the pirates policies that have been making headlines recently, but their in-fighting. for example, about rules for party leadership. the discussion has been going on for weeks. but vote

countries and companies that produce oil manage around that demand and here in the united states we've taken to exportinguse we can get more for it elsewhere than in the united states. none what if the president is saying today would have any impact on those three matters. >> all right. breaking it down for us. thank you. also want to hear from you. how is the high price of gas impacting you? have you made changes or are things the same? watch me for more on the story. we'll have an oil expert breaking it down for you. tweet me @suzanne malveaux. so this. a pretty outrageous story. government agency spends more than $100,000 on these lavish expenses at vegas conference. today it's hitting home. a lot of us rushing to pay our taxes, so the thought of money being spent on clowns, mind readers, music videos, commemorative coins, especially frustrating and we want answers. law enforcementers do too. dana bash is covering the hearings. first of all, what do they want to hear from those in the hot seat today? >>. >> reporter: i got to tell you, you covered washington a long time. watching this hearing which ri

oakland is the only port in the united states -- president obama is trying to double exports. if he doubles them here in the bay area, that is about 6000 to 7000 new jobs. the port of oakland is the only port that exports more than we import. i have been trying to talk ed and jerry brown into doing joint export offices in china. we as a state need to have probably a dozen offices in china, and go into the interior. i think that is what we need to do in the region. we need to talk about how we are going to share resources in that way. the coliseum city also would be an amazing opportunity. those of you who are going to ask questions about sports teams -- all three could fit there. i am holding out hope may be for victory park for the a's. oakland remains the center, transportation wise. you are looking at the rail service to sacramento, the most heavily used in the state. or you are looking at the fact that -- where the heart of the bart system. with our good transit system throughout the case -- throughout the bay. with the airport expanding more and more flights international

united states? pat? >> they are. that's right, john. the decisions are here and the united states is pouring all this money out and investments come into brazil and exportse becoming more expensive and their trade balance is bad. they've got their own problems also with the chinese, who are being pretty tough. but brazil is not a world center power. it's the greatest power in south america. that's it. military it's not a great center power. >> china is its number-one customer. >> china is number-one trading partner -- >> doesn't that concern you? >> the chinese are getting all this money from the united states, and they take it and invest it in in the world! >> to the extent -- oil production anything that diminishes the middle east is a good thing. but we can't just -- get oil from brazil. and what they're upset about it brazil is the tightening of the sanctions on iran because 30 see that disrupting the oil market. so when the leaders get together it's a good thing the president has good relations with this country. it's an emerging power. >> i have to say with all due respect, what is happening with the iran has raised oil prices, which raises the rev

on the other hand, as they pointed out earlier, with calderon as long as they see the united states as a net exporter of insecurity t is going to create problems in mexico and the ridge. >> suarez: gentlemen, thank you both. >> warner: we turn to politics now, and a veteran senator fighting off a primary challenge in indiana. gwen ifill has our report. >> hi, how are you. >> manning the fort back here. >> ifill: behold the endangered species. >> i'll get some more signs back here. >> ifill: richard lugar at 80 years old, the most senior republican in the senate, acknowledged expert on nuclear and foreign policy issues. a fifth generation hasier is being targeted by his own party for defeat. even he seems slightly baffled. >> some persons within our party who say my way or the highway. they really are less interested in my judgement, in whether republicans have a majority in the senate or the house, then that there be a certain standard in course purity among those who are there. they do not feel it's-- to work with democrats across the aisle, compromise is a bad word. >> dick lugar has changed. >> if

export goal with reduced european need. i think people don't understand how important it is for us here in the united states for our businesses, for our small business, certainly on long island we do a lot of exporting. how do you see that future coming? >> you're absolutely right that europe has a big impact on the united states. because it's so large, and because we have such a huge network of trade and financial ties with europe. the effects come through a variety of channels. if they grow more slowly, or fall into recession, then the direct demand for things american companies create and produce is reduced. that hurts us directionally. the effect goes beyond that because when europe slows the rest of the world slows too. so that means growth outside europe is weaker, that hurts american business exporters. when europe's in crisis as we've seen over the last 18 months, you tend to see stock prices fall around the world, that's damaging the confidence here and around the world. the typical pattern has been when europe has been in crisis, this is a good sign of confidence in the united states but the dollar has risen relativ

cotton is being raised all over the region and it is in fact the largest export for the whole united states. it's one of the cheap engines of the whole economy. and that cotton goes to principally to one country, that country is -- great britain, right. the textile mill owners in england want american cotton. it has a reputation for being very fine cotton, high quality cotton. so, there's a lot of money at stake here. there is a lot of wealth at stake. and even though the 19th century is called the century of emancipation because that's when so many societies finally turn away from slavery, we must always remember there's a strong counter attack from slave owners who are trying to hold onto it. and when we look at the pro slavery argument i think we should bear in mind that an english man once said that when we study history, we often study behavior by earlier generations, this seems to us to be disgracefu seems to us to be reprehensible. i think all thinking adults today would agree about that point about the pro slavery argument. i mean, slavery has almost no defenders today. in world opi

that will allow the united states to export hope and liberty and freedom around the world, not by just saying it, but by living it every day in the way we conduct ourselves in the way we govern ourselves. mr. president, thank you for setting that example. thank you for inspiring a whole new generation of conservative republican leaders who you helped to create. so many of us who sit in the state houses today are products of your leadership, your willingness to give us a chance to make a difference in our country and your administration and now to make a difference in our states and a country and in the world because of the opportunity you gave us. thank you very much. [applause] >> here, on c-span, we will be live momentarily as christine lagarde talks about the global and national recovery, and handling the euro crisis. she will speak at the brookings institution. more live coverage this afternoon. the afghanistan defense and interior ministers talked about efforts to create a military and police force in their country at the center for strategic and international studies. c-span to h

that will allow the united states to export hope and liberty and freedom around the world, not by just saying it, but by living it every day in the way we conduct ourselves in the way we govern ourselves. mr. president, thank you for setting that example. thank you for inspiring a whole new generation of conservative republican leaders who you helped to create. so many of us who sit in the state houses today are products of your leadership, your willingness to give us a chance to make a difference in our country and your administration and now to make a difference in our states and a country and in the world because of the opportunity you gave us. thank you very much. [applause] >> president obama advocates for the passage of the but that role. then white house coverage with several republican campaign events. mitt romney is speaking at alphagraphics followed by newt gingrich. after that, how effective sanctions have been in shaking iran's campaign. >> live on c-span thursday, imf managing director christine lagarde is at the brookings institute. shultz discussed the imf's agenda. this

exporting product. they are coming into our refineries and it's coming out of their high price getting into that and shipping it out of the united states exporting product. >> it's interesting. natural gas prices have been going down and down and how to use natural gas in this country. i was talking about how they use that in long haul trucks and how to use that but in north carolina you have oil fields switching from natural gas to oil. >> they're not switching. they're moving away from drilling dry gas wells and drilling oil wells. not just in north dakota. all over the country. fred smith knows more about energy than i do. >> would more domestic production have a material effect on the price americans pay at the pump? >> will more? >> would more u.s. production domestic production of oil significantly affect the prices americans pay at the pump? >> sure it would. yeah. you see we're 10% under the rest of the world today on oil prices. it's $120 a barrel. we're $105. >> isn't the paradox that higher prices make it more attractive to drill for some of the tougher oil which is what is increasing our domestic production? >> you look at

export dependent. in order for china to grow it basically over the last few years has flooded united states and europe ubsidized exports. >> when you say illegally subsidized exports, what do you mean? >> run them down. china manipulates its currency which acts as a tariff. >> lower than it should. >> right. >> doesn't let it float freely. >> stops cheap at walmart. they engage in illegal export subsidies. when they send something here, they give the producer an extra amount of money. so if a company in akron, ohio is trying to compete with a company there, they can't do that. so we lose jobs there. they steal our intellectual property, which lowers their cost. a pharmaceutical or automotive firm here can't compete fairly. >> you're conveniently missing one point. that is there is one other beneficiary to everything else china is doing. >> the consumer. >> the consumer. >> our stuff is cheap because of all those things you talk about. >> here is what every consumer needs to understand when they walk into a walmart. the stuff is cheap at walmart but there are consequences. when people go in walmart, pic

united states. we had a record export year last year $137 billion. a surplus in agriculture. it helps improve farm income. we expanded the market. people want to know where they food comes from. they want a connection. it's a growing and important part of the job. we look at the energy aspects of plant and crop production. we are making virtually everything in an economy from what we grow and raise. new job opportunities and market opportunities for farmers all of it led to record income. when farmers are doing well, they can buy a tractor and it creates factory jobs. >> let's talk about iowa. you are the former governor of iowa. when you heard after ethanol subsidies, what was your reaction? when do you stop a sub sid di-. >> fuel produced allowing us to reduce our reliance on foreign oil. it was time for it to be reduced. >> you are okay with it? >> we are okay with it. it creates a requirement that we produce so much biofuel each and every year. when we reach 36 billion gallons, we will reach that. it's 1 million jobs, chuck. it's expanded income opportunity. they will be

. >>> a fascinating new report in "time" magazine reveals the united states, the united states is the world's top exporter the story called "frozen assets" raises many questions about the booming business of sperm banks. jeffr jeffrey edited the story. it's a fascinating read. not something i would have imagined we would be talking about but america is, in fact, the gold standard of sperm. >> absolutely. >> how? why? >> well, as with any other good product, the two keys are quality control and versatility, variety of product. we have very, very strict fda controls on how -- who can donate and how heavily they have have to be screened. we also have a multiethnic population which means we're very appealing to the world because people can come in from japan, from brazil, anywhere else and find a genetically ethnically matching baby. >> do you have another word for sperm? i've been thinking -- >> exosensual essence. >> oh, wow. >> it's the image it conjures up. i'm going to grade school with cartoon characters swimming around. >> with a smiley face. what surprised me about this when i first saw what this stor