sacred principles and values of security, justice and liberty for all citizens must continue to unite us, to guide us forward and to help us build a future that honors our founding documents and advances our on going uniquely american pursuit of a safer, more just and more perfect union. in the continuing effort to keep our people secure, this administration will remain true to those values that inspired our nation's founding, and over the course of two centuries have made america an example of strength and a beacon of justice for all

sacred principles and values of security, justice, and liberty for all citizens must continue to unite us, to guide us, and to help us build a future that honors our founding document and advances are ongoing in pursuit of a safer and more perfect union. in the continuing effort to keep our people secure, his administration remains true to those values that inspired our nation's founding and over the course of two centuries, has made america an example of strength and a beacon of justice for all of the world. this is our pledge. thank you for inviting me to discuss these important issues with you. thank you so much. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> 10 states hold presidential contest today. this morning rick santorum, newt gingrich, and mitt romney will speak at the israeli/american public affairs committee. president obama local the news conference later today from the white house. live coverage at 1:15 eastern on c-span to. -- c-span2. watch super tuesday election results tonight on the c-span

where the pursuit of success by all of us will unite us, not divide us. when a government finally understands -- [cheers and applause] i see a time where we will have a government that understands it is better for more people to pay less in taxes than 40 very few to pay a lot more. [cheers and applause] i see in america where the values we pass on to our children are greater than the debts we leave them. [cheers and applause] i see an america where poverty is defeated by opportunity, not in a book by a government chekc. [cheers and applause] i see an america that is held -- but is never humbled. i see an america that is so strong that no one in the world would ever think of testing the might of our military. [cheers and applause] today which took an important step towards that america. tomorrow we will take another. each day we will move closer, not just to victory, but to a better america. join us. join us. together, we will inshore that america's greatest days are still ahead of us. thank you very much. [cheers and applause] thank you so much. god bless

united in real terms. to try to preserve our democracy and make sure that all the different entities that might participate don't keep using the tools given to them by citizens united. from our efforts from day one, we've reached across the spectrum. there's a difference between the kind of actors on the playing field. but that's been the approach we have taken. bob? >> yes. >> corporations donate to priorities usa and priorities -- >> exactly. >> which the super pack and the 501 c 4 which have to be disclose, they could be facing quote/unquote economic damage. >> let the chips fall where they may. >> this is one i have to be on the record for too. yes. but let me say couple of words about why. one is it's -- as a matter of principle, obviously. we take this issue seriously. we don't want corporate money in the election process, period. full stop. no corporate money in the election process. donate to republican-leaning, independent organization, trade association, we're coming after you. do it to the democratic leaning one, same deal. there's a broader political point. citizens united is not a republican will continue to h

helps the most important thing that unites us is orthodox christianity. we think it will chicago was fighting his great battles of the sure of course. he was doing it not so much for. i want you but for greece with guns and the people of course for. which we steal the pre-shared. liberated from the french. it was a great event they put him forever in the hearts of the people of course for you know. you have mentioned an exhibition held in moscow. as far as. such travel exhibitions unlike also exhibitions know more about its business this is where people come looking for example. do you have any projections today asked to the souris traffic you're looking at next summer. are you expecting more a few at sorriest compared to last season and most of the prospects for the greek tourism industry in general. i expect a significant increase in the number of tourists coming from russia. because there was said before i hope to see a spike upwards of thirty percent you're getting i'm talking about the core for island specifically for your mind decides we had some po

half our unit used this stupid phone. bbg and its sister company bbg global says they do provide some services for these calls. but that the phones are controlled by a german firm which charges the same rate on all credit card calls from its pay phones in germany and that soldiers can get rates by pressing 3. bbg global says allegations that troops are being overcharged are untrue and offensive. but soldiers asked why the phones won't take prepaid calling cards that many of them carry. forcing them to use credit cards. the better business bureau has had so many complaints from troops that it gives bbg an "f" rating. >> i think they're being taken advantage of. i think they're being targeted. i find that disgusting. >> reporter: we asked germany's largest phone company what it would have charged for the same call. they said about $10, not $41. the u.s. transportation command which is in charge of moving troops around the world told us it doesn't have jurisdiction over these phones in germany. but it is concerned about the

is clearly a war crime because it is legally easy to use it shouldn't be but why does the united states use our land rights why you know we're trying to stop it the problem is how. you know how do you bring the rule of law to bear on the united states government. it's very difficult to do and especially on the pentagon there are you know there are a lot to themselves so that's why it's so hard to bring the united states to heel or he sees isolation on the international stage as being the only way forward i think if we can get all the parties to the geneva protocol to send in that letter to the french government now apparently even the british are willing to go along with this. and the u.s. then is the only outlier on d. you just maybe they'll say ok let's let's stop using the. france's boyles cause seems to destroy the united states continue to make use of uranium in developing their military arsenal. in two thousand and three one year before the battle of fallujah donald rumsfeld then defense secretary made a reference before the u.s. congress to the use of a new weapon the hell fire m

coalition and a number of groups working together have an unbelievably new, fast moving tool to unite us and have our impact be maximized're able to in record time. what i want to say is that everyone here should leave and that.sure you've done three everyone here should get your own facebook page, your own twitter handle, and make sure you have access to a blog where you can post your ideas. for those of you who represent organizations, i want to say h engage power of strategic use our own constituencies together and grow the power of the entire women's movement in ways that were previously unheard of, in ways that we're doing through her votes. so at moms rising we've seen first hand how by supporting other organizations we're actually supporting our own niz. we are truly stronger together. we can all leverage these tools together, so right now in this room we are calling on the power of american women for real economic and health justice for all in the 2012 election. i want to say that i want everybody here to leave this room knowing that media outlet. r youown media outlet. and i wan

us. because otherwise sometimes others will grant pntr as leverage, as a foil, attack the united states, to help themselves, you know, politically. we've got to work very hard to address the issues. on any of those issues with respect to pntr. we have to find other ways to use leverage. senator? >> well, mr. chairman, let me ask a question of mr. larsen. if we pass legislation for pntr and nothing else, in other words we don't deal with jackson vanic, have we accomplished anything? >> senator, i think the way that we can accomplish something -- and what i -- >> this is real simple. to get the benefit of russia joining the wto. >> exactly. and that's why there is leverage. nobody here can say that the russians don't want repeal of jackson vanic, they do. this something the russian government wants desperately, it's something mr. putin talks about, and your comments reflect that. to there is leverage. there is leverage with regard to jackson vanic. >> that's not what i said. i want to make clear what i said. i said that putin and others' failure to repeal it as leverage. so if we repeal it,

for the united states, after a decade of two ground wars and a changing and dynamic security environment it was time for us to take a significant review of our national strategy and defense priorities. at the direction of the president of the united states, the secretary of defense, the three service secretaries and the joint chiefs developed a new strategy that meets the dispirit and complicated threats with a military that is somewhat smaller. but more flexible, more agile, can answer any call and can provide our national leadership with the fullest range of options possible. and president obama for the first time in the memory of anybody at the pentagon, was personally involved in the formulation of this new strategy. because he knew that in reshaping our defense priorities we cannot and should not choose between fiscal responsibility and a strong national defense. we have to have both. as he and others have said economic security is national security. and we have faced some pretty tough budgetary targets under 2 budget control act passed by our congress. one of things i want to emphasize is that the de

where the pursuit of success by all of us will unite us, not divide us.overnment finally understands -- i see a time when we'll finally have a government that understands it's better for more people to pay less in taxes than for a very few to pay a lot more. i see an america where the values we pass on to our children are greater than the debts we leave them. i see an america where poverty is defeated by opportunity, not enabled by a government check. i see an america that is humbled -- excuse me. i seen an america that is humble, but it is never humble that leads but is never led. i see an america that is so unquestionably strong that no one in the world would ever think of testing the might of our military. today we took an important step towards that america. tomorrow we'll take another. each day we move closer not just to victory but to a better america. join us. join us. together we're going to ensure that america's greatest days are still ahead. thanks, you guys. thank you so much. and god bless the united states of america. thank you! >> governor m

lot of these regimes haven't had any problem with you know using violent force to clamp down on these uprisings but when it comes to the united states we're the only western democracy in the world that still use the use of the death penalty what is it about our character that makes that possible i mean why do you think that is i think it's ironic being the only country in the g. eight actually that uses death sentences one. really reveals is that in this country we are at a hopefully a moral tipping point and that is our humanity starts to reveal itself or realizing that the debates within states is really where the abolition movement is really taking hold and so with illinois becoming the sixteen states across the death penalty a lot of the arguments were not just about morality but also about cost and the fact that you know spending one hundred million dollars over ten years was a reducing crime it wasn't making us safer and so i think we're also hopefully getting more pragmatic in this country and also looking at our moral compass right i mean. there's there's been no evidence of deterrence using the death penalty so pract

sacred principles and values, of security, justice and liberty for all citizens, must continue to unite us, to guide us forward, and to help us build a future that honors our founding documents and advances our ongoing, uniquely american, pursuit of a safer, more just, and more perfect union. in the continuing effort to keep our people secure, this administration will remain true to those values that inspired our nation's founding and, over the course of two centuries, have made america an example of strength and a beacon of justice for all the world. this is our pledge. i thank you for inviting me to discuss these important issues with you today. thank you. [applause] >> watch super tuesday election results tonight on the c-span networks. use our second screen webpage with your tablet or laptop computer to see result maps, social media post from candidates and reporters, and a public forum for your tweets and those of other viewers. use a laptop or tablet to extend your c-span viewing at our brand-new webpage. made especially for super tuesday coverage. c-span.org/screen 2. >> u.s. senate

. >> the pursuit of success by all of us will unite us. when a government understands, i see a time we'll have a government understands it's better for more people to pay less than taxes than for you to pay more. >> and abc news projecting him the winner of the republican presidential primary in illinois with 51% of the vote. >> u.s. commerce department imposed new import fees on solar panels made in china where the government has been improperly subsidizing manufacturers. the solar companies in this country it's a step in the right direction. there is one company that stuck out it's neck to file a complaint claiming unfair chinese competition forced it to close a plant and layoff workers. >> for efficiency we needed to close our camarillo plant which manufactured since late 19 70s and we'd modernized to the tune of $40 million. >> and american subsidiaries of the companies will benefit from the tariffs as they build in the u.s.. the u.s. will send teams to china to do fact finding. the commerce department is scheduled to rule in may, or j

has succeeded in doing we want to say thank you because of you not ignoring these people he has united us around the city will have much more on the story on a later news casts a gunman filfired several shots into a home in east chicago last night shooting two young girls now those girls ages 10 and 11 are recovering in hospital today guadalupe dominguez describe the shots that she heard in this east chicago neighborhood 930 last night it was reported to be a drive-by shooting with came taken directly at this home with a barrage of bullets and a two young girls at 10 and 11 year- old had been shot one is at christ hospital the other is that comer children's hospital last update says that there stable this morning the police are canvassing the area to see if further witnesses are evidence will be found this woman narrowly missed being shot herself next door >>i was out pulling weeds 830 corgan 9 i told my 2 grandchildren to come in ... this and as i get into the house i knocked them to the floor after the shots were fired eric bentley's three shootings in recent weeks here in this neighbor

condo and that the agreement is that the bottom unit gets the rear yard and the top unit gets the roof deck -- most of us in multiple units in san francisco use the rear yard for our open space. but it has become very popular to have roof decks. i am sure it is not only just for you, but they had been above, which critics assert an atmosphere. -- which creates a certain atmosphere. i am not above requesting it be set back. president garcia: how much would you propose? commissioner fung: i would say probably a foot, foot and a half. commissioner hillis: i guess my only issue on that would be that the light well adjacent to the double doors -- i get the point that it starts to impede into this 2 foot 10 area. would you be able to set that back? would you be able to set that back? i do not know if we can do that. they need the space for egress. commissioner fung: we can ask the building department. i am not sure i agree with her interpretation, to see that as the required egress. >> i did hear that comment. the the 6 inches, when we are talking clear with -- 36 inches seems narrow. 36 inches, in this case,

the sacred values of justice and liberty for all citizens must continue to unite us and guide us forward and help us build a future that advances our ongoing uniquely american pursuit of a safer more just and more perfect union. in a continuing effort to keep our people secure, this administration remained true to those values that inspired our nation's founding, and over the course of two centuries has made america an example of strength and a beacon of justice for all the world. this is our pledge. thank you for inviting me to discuss these important issues with you today. thank you so much. [applause] >> watch super tuesday election results tomorrow night on the c-span networks. while you watch, use our -- your tablet or laptop to see results, and a public forum for tweets and those of other viewers. you can also watch our "mentioned on c-span" blog. use a laptop to expand viewing from our web page. c-span.org/screen2. >> republican presidential candidates santorum, romney, and gingrich will be speaking at the israel public affairs conference tomorrow on super tuesday. live coverage g

better than those we have enjoyed during our lives, where the pursuit of success by all of us will unite us when the government finally understands -- [cheers and applause] >> i see a time when we will have a government that understands it's better for more people to pay less in taxes than for a very few to pay a lot more. [cheers and applause] i see an america where the values we pass on to our children are greater than the debts we leave them. i see an america where poverty is defeated by opportunity, not enabled by a government check. i see an america that is humbled -- excuse me -- i see an america that is humble, but it is never humbled. that leads but is never led. i see an america that is so unquestionably strong that no one in the world would ever think of testing the might of our military. today, today, we took an important step toward that america. tomorrow, we'll take another. each day, we move closer, not just to victory but to a better america. join us. join us. together, we are going on insure that america's greatest days are still ahead. thank you! [cheers and applause] god b

because they've removed the massive engine/pylon assembly together, now it has to be replaced as one unit. usingt, workers inadvertently crack the top section of the pylon called the flange as they try to fit the assembly back on to the plane. >> because they were using a forklift to try to hold this heavy engine up while they put these two big bolts in place to hold the pylon on the wing, they created a stress situation that, over a period of time when the airplane was returned to service, caused one of the bolts to fail. >> this morning, investigators were out on runway 32 right at o'hare airport looking for a bolt about four inches long. >> the crack is hidden from view, so it goes undetected. with every takeoff and landing cycle, putting stress on the broken flange, the crack is growing, and no one knows it. eight weeks after the engine change when flight 191 takes off on that warm spring afternoon, suddenly, without warning, disaster. >> takeoff is when this engine's producing the most thrust when there's the most force on the pylon is during takeoff. if it were going to fail, makes absolut

it would be high accurate heat units used by surveyors and the like. some flights are changed. storm has produced northern lights, these are the aurora phenomena you see in alaska and canada. they are seen as far south as michigan. and scientists tell you not to worry about the fact we're having a solar storm. reporting live, bob redell, "today in the bay." >> thank you, bob. >> different storms not till next week, talking about a cold start to the day. let's check in with meteorologist christina loren. >> you know what, let's take you outside shorks you the embark. friday eve as we hi like to think. temperatures are cold and once that sun starts to make an appearance you'll notice clear skies. that means temperatures are going to start to warm up right off the bat. great day to hit the marina. you'll be at 62 at 4:00 p.m. and warmer tomorrow. we'll get really warm conditions. dedrop you off, then the rain moves in. help you plan your day. inland up to 54, some 38 to 54 degrees between 8 and noon. then you'll climb up to 71 degrees inland by 4 you are clock pmt. one of those af

>> the current relationship we have with afghanistan allows us to try them under united states law. >> is it a possibility that this administration could say that's great but turn him over to the afghany government? >> i'm not the one to ask. from my perspective i intend to work close with the united states government to prosecute this case and we will do it under u.s. law. i was clear in that discussion with president karzai. >> just to confirm that we have no such plans to do so. >> that could be an option if so chosen? there is nothing barring turning over a u.s. service member to the afghan government to be tried? surely, our men and women in uniform have some form of protection from corrupt government. >> there is the status of forces agreement in which it is understood that we have that right and we have given every indication that that is the way that we will proceed. >> okay. i'm not trying to go anywhere with that. i was just curious because i hear that and there are concerns. as of now we are not going to let that happen and that is good. we don't want to ever have that happ

there was nothing about american history, nothing about vision, nothing about what unites us as people. all of this, i've got a business plan here and if you invest in me i'll cut your death tax and your alternative income tax and i'll cut down your rates if you invest in me. was a business proposition, wasn't it? >> it had some -- >> like what? >> the most important thing was he gave you a preview of the general election. he said more jobs, less debt, smaller government. as opposed to president obama, who's giving you fewer jobs, more debt, and bigger government. >> how is he cutting the debt? i didn't hear it in his speech. i heard more tax cuts. where is the speech -- >> go back -- >> no debt reduction in that speech. >> he's presented plans for entitlement reform, social security, medicare, and he's promised to cut spending on domestic programs. i'll go back and add that up. >> i thought he attacked president obama for cutting defense spending. >> chris, mitt romney had a huge day yesterday. don't forget arizona. a landslide. 29 delegates. mitt romney got 78% of the delegates selec

unit. most of us never sewed a button before. d a thought sometime in the future i would like to be sewing somewhere, no, i didn't. >> mitch swallows lives in a special housing unit where inmates overcome their criminal pasts through classes that focus on morals and life skills. >> we have many that have come into our program. i found that sewing was a great way to relieve tension, to gain understanding and respect. so it's helped a lot of people. >> it lets you be so creative. it is just really a cool thing. this is what i call one of the starburst quilts. next step is i'll put a straight line on here and square it up. then we'll put the borders on it and the back and the batting. and we've got a quilt. >> swallows was an unlikely candidate for quilting. when he landed in prison 27 years earlier -- >> i was convicted of two attempted murders, four criminal confinements, a rape and criminal deviant conduct. i ended up with a 100-year sentence. i never really got involved in community service projects or stuff like that. it just st

where the pursuit of success by all of us will unite us, not divide us. when a government finally understands -- [ applause ] >> i see a time where we'll finally have a government who believes it's better for more people to pay less in taxes than for very few to pay a lot more. [ applause ] >> i see an america where the values we pass on to our children are greater than the debts we leave them. [ applause ] >> i see an america where poverty is defeated by opportunity, not enabled by a government check. [ applause ] >> i see an america that is humbled -- excuse me. i see an america that is humble, but it is never humbled that leads but is never led. i see an america that is so unquestionably strong that no one in the world would ever think of testing the might of our military. [ applause ] >> today we took an important step towards that america. tomorrow we'll take another. each day we move closer, not just to victory but to a better america. join us. join us. together we're going to ensure that america's greatest days are still ahead. thanks, you guys! th

just to be clear, the use of this office independent of a dwelling unit would be illegal. it would be a separate commercial use. you are about to have a home office as part of an accessory to a dwelling unit, but not separate from a dwelling unit. i am available for any questions. >> i do not know that you can straighten this out for me, but in exhibit b, i assume this would be the permit holders brief, it appears as though there are six units in this building? and the tenant has the right of first refusal? i do not think it has any bearing on whether or not we agree to jurisdiction, but i am just curious. >> exhibit e is the agreement for premises. i do not recognize this as a city document, an official city document. whoever prepared this, maybe this was a tic agreement. but it is not something that we would use as reference for establishing the number of legal units in a building. president garcia: i was just curious as to whether or not it was three units, this being the third, that the request for lives in. or whether there were actually six minutes -- six units? >> if

lamar expanded to the water today as members of the santa clara county underwater search and rescue unit used a zodiac and kayak to check ponds near sierra's home. given the dense brush, often a kayak search was the only option. >> by boat we're able to see things either in the water or close to the water that are visually unable to be seen by the people on the ground. >> reporter: divers will only get in the water if they find significant evidence. sheriff lori smith says the investigation is focused on the morgan hill area. >> we believe that the person is familiar with the area, is known in the area. we believe this was not a planned crime. it was a situational crime. it was instinctive. it was fast. >> reporter: deputies also used dogs to scour acres near se sierra's home. the 15-year-old was last seen march 16th. sheriff smith says both sierra's mother and father took polygraph tests but won't comment on results. nearly 300 volunteers from the community also came out today to search fields near sierra's home. >> we live somewhat up her way and just the idea after girl missing in our town

i know just recently they said they certainly weren't in any way going to involve the united states to give us some semblance of separation from that. i wonder why it is that the administration doesn't give complete support to israel and say if ran continues with its program, we will do whatever is necessary to stop the program and give israel the support that i think they need. right now they are surrounded by all the potential enemies you can count. they really need, i think, in the world of public relations to know, and the world to know, that the united states is with them through thick and thin. the last thing i talked to you about before and i'll give you time to respond. i've been concerned about the entire northern tier of africa and the persian gulf becoming radicalized. tunisia, libya, egypt, maybe syria, and in the persian gulf area i've been talked to -- i talked to a number of ambassadors there. they are all concerned about radicalism taking over. although we want to get rid of people like moammar gadhafi and mubarak, although he was a pretty good friend as far as the camp david a

us. united states and russia are no longer eyeball to eyeball withv that would release arsenals at each elb to elbow at conference tables, which i think is a good thing. madam secretary would you comment on your priority and strategy with respect to russia. you may or may not know that i am ic expanding trade and economic relationship with russia, which in the year ahead i hope will be a good news stories for the united states. secondly turkey, which continues to be a strategically important player in a challenging part of the world. stinted leadership and supporting change and peace in syria and receiving tens ofh refugees that spill across the common bored. they have stepped into the spotlight regarding

the government or the police stop it if you get one but during the revolution people were more united with us and they are now at. a he's an ease with some of the first local bloggers to post news of the young vendor setting himself off of you tube and facebook spread reports of a horrifying act far beyond his hometown the tunisian revolution was the first arab internet by he's an isa maintain they have done just as much for the new free tunisia as their fellow countrymen but was easy. before it was easy did what he did see was it december twenty ninth and most people did not know him as of but after that he became their hero they started writing about him on facebook not a lot of us not of the mainstream media covered it in this either a lot more national t.v. you know the radio or the press this information had to repeatedly been reported on the web before it was shown on al-jazeera in spain. the great arab information revolution initiated by young in fuse yes in tunisia is being carried on by professionals t.v. channel al jazeera to be covered events encourages talk his quest in the milita

they said, "jesus and mary and charity unites us. i think today was a national holiday for cubans, and the turnout in the square was significant, but, you know, compared to some of the political rallies that the government organizes here, it seemed a little bit thin. so i think for cuban catholics, especially, it was a great day. and very exciting. but i don't know if the rest of the population and other secular cubans would see it as significant. >> brown: ann louise bardach, what's your reading of it? it looks as though the pope pushed a bit and then the government pushed back some. what do you see? >> well, i think you have to look at this visit relative to the famous visit in 1998 of john paul, and there was definitely reduced expectations and reduced excitement. with john paul or ron pablo, it was tremendous. it was packed, the plaza of the revolution. it was over one million people. i was in it, and the excitement was palpable. we didn't have that this time. it was a very significant opening, and this one has been--un, the peop

they said, "jesus and mary and charity unites us. i think today was a national holiday for cubans, and the turnout in the square was significant, but, you know, compared to some of the political rallies that the government organizes here, it seemed a little bit thin. so i think for cuban catholics, especially, it was a great day. and very exciting. but i don't know if the rest of the population and other secular cubans would see it as significant. >> brown: ann louise bardach, what's your reading of it? it looks as though the pope pushed a bit and then the government pushed back some. what do you see? >> well, i think you have to look at this visit relative tort n.g.o. in cuba. >> brown: nick miroff, tell us a little bit more about that, about the role of the church, ien, how it has changed. how much clout does it have? >> well, ironically, even though i think, you know, the number of cubans who regularly attend mass is something like less than 10%, the institutional profile of the church has increased in recent years, and that's mos

he said protection of the flow of persian gulf oil is a vital interests of the united states and to protect that flow will use any means necessary including military force to there and he said we will need military bases in the persian gulf area and he established military bases to support this policy of protecting the flow of persian gulf oil and then wars were fought as well in line with the policy these men west are united in pioneering a new run dear of progress. serving the interest of the saudi arabs. serving the interests of the united states. and demonstrating the high caliber of the american system of free enterprise. which from this new frontier is nothing into the trade of the world oil. one of the material that is making a truly great contribution to our modern civilization. one of the reasons and the reason for the primary one for the invasion of iraq is to ensure u.s. control of really major energy resources in the world when the embassy in which one will be inside baghdad is a city sort of no other embassy and story around the world they're not building the embassy. in syria rakim the huge base

is in retreat this is why the united states us to increase our debt load to fifteen sixteen seventeen trillion to paper over the losses that goldman is in the business of delivering to customers many of which are too frickin stupid to understand that it's not necessarily green idea but a lot of c.e.o.'s are so frickin stupid because the cost of money is some cheap but they're willing to give away their company their family their life for just such an arrangement ok so here this racket is going on this is the way goldman sachs is operating and if they're operating in that with that mentality of course all of us are market so let's look at the biggest markets of all in the u.k. we're in to offer a one hundred year gilt meaning current government borrowing will not be repaid until the next century under a radical plan to be unveiled by george osborne in next week's budget similar guilt have only previously been used to fund the first world war and the fallout from the south sea bubble when speculators almost bankrupted the global economy the exchequer in the u.k. is still paying interest