from areas of greater deprivation will suffer disproportionately from his plans to cut 10,000 university placesst, i welcome the honorable gentleman to his place as the member of parliament for chesterfield. we can all remember one of his predecessors in that seat, tony benn, who left this house saying that he wanted to spend more time doing politics. what i would say to the honorable gentleman is that we want to help children from less well-off backgrounds by having a pupil premium. we will take money from outside the education budget to ensure that the pupil premium is well funded, so that children from the poorest homes get to go to the best schools and the money follows the pupil into those schools. as for university places, let me say this to the honorable gentleman -- we are expanding the number of university places by 10,000, compared with the legacy that we were left. >> may i press the prime minister a little further on excessive pay? my constituents are outraged at the amount of money that some senior nhs managers are receiving. what can the coalition do to reduce such excessive expen

in terms of university places, we are expanding the number of in a risky places by 10,000 -- university places by 10,000 in number. >> thank you, mr. speaker. could i press the prime minister a little further on accepted pay? my constituents are outraged on the -- by the amount of money some senior managers are receiving. what can the coalition do to reduce this expe -- this exceive compensation? >> the first thing is by having transparency for the first time, we are able to see who was earning what in the public sector, and i think that will actually cause pressure on people with top pay in the public sector to keep pay levels and wn. in nhs specifically, our plans are about removing centralized bureaucracy, removing some money of the centralized targets that have caused that bureaucracy to grow. our ambition is to make sure that people at the front line, nurses, doctors, people involved in clinil care, that is where it is, instead oo the increasing management we have seen in recent years. >> many of my constituents are employed -- [unintelligible] could the prime minister confirmed th

in terms of university places, we are expanding the number of in a risky places by 10,000 -- university places by 10,000 in number. >> thank you, mr. speaker. could i press the prime minister a little further on accepted pay? my constituents are outraged on the -- by the amount of money some senior managers are receiving. what can the coalition do to reduce this expe -- this excessive compensation? >> the first thing is by having transparency for the first time, we are able to see who was earning what in the public sector, and i think that will actually cause pressure on people with top pay in the public sector to keep pay levels and down. in nhs specifically, our plans are about removing centralized bureaucracy, removing some money of the centralized targets that have caused that bureaucracy to grow. our ambition is to make sure that people at the front line, nurses, doctors, people involved in clinical care, that is where it is, instead oo the increasing management we have seen in recent years. >> many of my constituents are employed -- [unintelligible] could the prime minister confir

the assurance i can give her is that we are going to increase the number of university places by 10,000 in the coming year, because we want to see higher education expand. the other assurance i can give her is that we are committed to the browne review that the last government set up, on an all- party basis, to look at how we can make sure that higher education is affordable both for the young people going into higher education and for our country as a whole. >> harriett baldwin. >> thank you, mr. speaker. and can i praise the prime minister's staunch support of the nhs -- [unintelligible] and its budget, and use this opportunity to invite him to malvern to open our brand new community hospital some time at his convenience this autumn? >> can i thank the honorable lady? don't be -- don't be so -- >> order. it is not against the rules of the house for a government back bencher to support the government. it is not that odd. [laughter] mr. prime minister. >> mr. speaker, we all remember you doing that very well. [laughter] the honorable lady makes a very kind invitation. and i would say th

strength, for university, is the faculty who come there because of the students who come there because of the faculty, the place. it attracts good students and has successful alumni. it benefits from its successful alumni. it tracks grade students in the future. it is enormously difficult to dislodge. the strength of our universities is an asset for the united states that is going to be much more difficult for other countries to dislodge than an asset that depends on a particular factory or particular skill, precisely because it' resides in something collective. it is something that is also true with respect to other universities. precisely because our universities have the advantage i just described and are natural leaders with staying power, the greatest threat to them is complacency and a failure to innovate -- a tendency to stay with traditional, organizational forms, traditional ways of doing teaching, traditional ways of doing research. my hope would be that, over time, the whole i.t. revolution would do more to change educational practice, pedagogy, research methods. my guess is that when someone looks b

and people of massachusetts are struggling with how to pay for health care under the universal plans they put in place, where everybody was mandated to have insurance. doesn't look like it's working, so why would you want to take that policy and extend it across the united states. i don't think you would. an area where it has worked and i'll brag on texas, six years ago, texas put a tort reform program that limited the punitive damages on medical malpractice suits. we have had a six-year experiment involving 25 million people in texas and it has worked. the rates are lower. the citizens are getting the care they need. when a hospital or a hospital or physician makes a mistake, the economic damages putting that person back to whole, that gets done. but the punitive damages which sometimes are just defined -- defies logic is no longer on the table. as the president called for in his health care speech to test medical malpractice reform around the country. we had a six-year test working with the state of texas working on tort reform that really works. so to the extent that this would be needed at the fed

strength, for university, is the faculty who come there because of the students who come there because of the faculty, the place. it attracts good students and has successful alumni. it benefits from its successful alumni. it tracks grade students in the future. it is enormously difficult to dislodge. the strength of our universities is an asset for the united states that is going to be much more difficult for other countries to disloe than an asset that depends on a rticular factory or particular skill, precisely because it' resides in something collective. it is something that is also true with respect to other universities. precisely because our universities have the advantage i just described and are natural leaders with staying power, the greatest threat to them is complacency and a failure to innovate -- a tendency to stay with traditional, organizational forms, traditional ways of doing teaching, traditional ways of doing research. my hope would be that, over time, the whole i.t. revolution would do more to change educational practice, pagogy, research methods. my guess is that when someone looks back an

in a university setting of all places. a college campus is just the place for free expression, free speech from all points of view. kagan's actions also denied the students the right to hear the information. she denied the students the right to even discuss military career as a choice because of her own prejudices. and when kagan personally joined a lawsuit to uphold her banishment of the military recruiters, the very supreme court she wants to join unanimously said she was wrong. in her judgment. she's hostile to the first amendment. she wants control over free thought and free expression unless she personally agrees with it. kagan's attack on the first amendment chose her dangerous distrust for the principles of the constitution. her lack of objective judgment shows she has no business giving judgment on the most powerful court in the world. that's just the way it is. the speaker pro tempore: the gentleman's time has expired. . for what purpose does the gentleman from texas rise? >> to address the house for one minute. t

from university of michigan, talked in many places, currently senior fellow at the peterson institute for international economics. back to the u.s. an china, you said the chinese are not as concerned about the u.s. as they are with europe. they feel fairly confident. but explain in laymen's terms the connection between the chinese economy and our economy. why are the two so linked? guest: the main linkage is trade. china is the the biggest ex-porter in the world and we are one of the biggest markets so they are concerned about the pace of growth in the united states because that determines how much americans buy and that is a big factor in determining what the chinese are abe to sell to us. so they are interested in the underlying health of the u.s. economy. host: we will get a lot of calls on how much debt the chinese are holding, u.s. debt. why is that important? guest: we have run an external deficit for many years in the united states. we have to borrow money from the rest of the world to finance our excess consumption. china has been one of the biggest suppliers of the loans that

that there would be a 12% quota, a racial set-aside for asian minorities at the university of california-berkley or any place in california but it got turned on its head by the ambition of the people. when the cap came off and the constitution protected the merits of the individuals so that no one would be discriminated for or against, shall not discriminate against or grant preferential treatment to any individual or group on the basis of race, creed, color, ethnicity or national origin, that is a beautiful statement. it's legally sound, rationally sound and morally sound. it's consistent with america because it rewards merit. it says, you will have an equal opportunity with everyone in this country and no one shall discriminate against you and no one shall discriminate in your favor either, equal opportunity. compete in the marketplace. this barney frank-chris dodd financial regulatory reform bill does anything but that, mr. speaker. it provides the office of minority and women inclusion, if anyone is wondering what the effect is when you pass legislation that says this legislation shall be set aside, thes

place. the words being led by dew, fromthe university of eorgia with assistance linda lake and republi strategist. ublic polling is outthere and their own proprietary work for clients. ey've intergrated that into piecesf advice. the major takeaway with is tha voters want to have hir voices heard in washington. thy thnk hat special interest and lobbyist aretaking th shot. thisis similar than the university of texas oll, i think when ven the chance to answer, voters will say they want their on voicesheard theyaven't given up on th system. there's something they want out of it still that they ar not getting. that's importt toremember. not low self-esteem, they want something and a in the observations of our research team, they say a number of other things. voters across the board are dissatisfied. they sit at the focus is done just with swing voters and they saw an angry middle. they say that the far left in the far right is out there, but this anger spans all of those groups. a quick lesson on public campaign and our allies and arizona was working on the election system there. from what the state l

university. that means it must be really rigorous place.o get people to change their attitudes -- a standard that says we believe is our responsibiiity to make sure students succeed. it is a very different attitude. if students do not succeed, it means that we have failed, too. we have 54 million americans over the age of 25 who began college and never graduated. think about that. we need to talk with specificity about different groups who can profit from getting an education. what i say to returning adults who are not sure they can make it in college, if you have raised kids, you can do anything, right? we have to help adults understand that. they have life experiences. then you have young people to come in because their parents tell them to go to college, and they are not ready for it. there are specific activities and strategies that can be used for every group. for adults, it may be child care, finances, and being flexible enough with schedules so they can get it done. i would argue that change will be intimidating but that we as a coun

will it be a place where a main street replaces wall street as the center of the economic universe?t is where hope 2.0 needs to date. hopefully, america can be trusted to do the right thing after has exhausted all other possibilities. [laughter] we have exhausted all our possibilities trying to do the right bank. thank you. [applause] >> and the stern is in --andy stir in is an organizer and strategist and thinker. he is the president americas, that means he is retired, of the 2.2 million person service employees international union, seiu, the fastest-growing union in the country. he joined as a social service worker in 1973. he rose to become an organizing director and was elected president first 1996. he led them to play a significant role in building the progress of infrastructure that helped to transform our debate over the last years. in the 2008 elections, seiu motor rapidly and in big fashion to a like the young senator barack obama. she has recently been named to the president's national commission on fiscal responsibility p. he will lead the debate that will dominate our po

places, inter -- illustrating the interconnectedness of the 21st century global economy. prioryfss(8 to his government , he was the howard harrison and gabriel snyder professor of economics and public affairs at princeton university. he served as chair of the economics department from 1996- 2002. he began his academic career at stanford's business school before arriving at princeton in 1985. he received a ba in economics in 1975 from harvard university summa cum laude, a ph.d. in economics in 1979 from the massachusetts institute of technology. he and his wife and i have two children. born in georgia, he grew up in south carolina. the format tonight is not for a speech by dr. bernanke, but he and eric inevitable president of the wilson council, a distinguished newsman sam donaldson, will provide the program. sam will interview the chairman. i would ask the two of them to come forward now and after the interview we will have questions from the audience. sam and chairman bernanke? [applause] >> hello? chairman bernanke, i am delighted that you would do this. by the way, what do you think of the great wall of china? >> can see it from the plane when you come down from beijing. very impressive. >> that matches mr. ni

>> a place where you have a lot of really smart people, research universities.ctual capacity, the ability to do research, and talk them into moving over, incentivize, hire people, who will focus their research on the direct improvement of education so that we know more about the connections between professional development and construction. we know more about policy and measurement. that we can then be partners, not just the people that produce -- the people that helped informed legislators and ourselves about how to improve what we're doing. >> dewayne matthews? >> when i will put on the table is how are we going to count stuff? the entire system is built around counting contact hours. that is what they are called. the number of hours a student is in front of a professor. degrees are built around that. critics are built around that. financial aid is built around that. everything. what are you going to replace that with? >> learning outcome? what that is right. this has ramifications across the entire system. that is a tough technical not to crack but it is one

place. the words being led by drew, from the university of georgia with assistance linda lake and republic strategistblic polling is out there and their own proprietary work for clients. they've intergrated that into pieces of advice. the ajor takeaway with is that voters want to have their voices heard in washington. they think that special interest and lobbyist are taking the shot. this is similar than the university of texas poll, i think wn given the chance to answer, voters will say they want their own voices heard. they haven't given up on the system. there's something they want out of it still that they are not getting that's important to remember. not low self-esteem, they want something and aspire something better than they are getting right now. in the observations of our research team, there's a number of other things. the rebellion is not from the right or left. voters across the board are dissatisfied. they see it was done with just voters. and they saw a really angry middle. some people say the far left or right. this spans all of the groups. just one quick digression. voters were worki

will be a place where main street replaces on wall street as the center of the economic universe?is where hope 2.0 come in. winston churchill said that america can be trusted to do the right thing after it has exhausted all other possibilities. well, we have exhausted all other possibilities are trying to do the right thing. thank you. [applause] >> all right, now. andy stern. he is an organizer. a strategist, a thinker. he is the president emeritus -- that means he is retired of the 2.2 million-person service employees international union, the fastest-growing union in the country. he joined diit as a social service worker in 1973. he became its organizing director, was elected president first in 1996. he led them to play a significant role in building the progress of infrastructure that helped to transform our debate over the last years. then in 2008 elections, the union moved in big fashion to stand with the young senator barack obama from the very beginning. he has recently been named to the president's national commission on fiscal responsibility and reform. from that post, he

will it be a place where man straight replaces wall street as the center of the economic universe --here main street replaces wall street? that is where hope 2.0 comes it. we have exhausted all other possibilities of trying to do the right thing. thank you. [applause] >> all right now. andy stern is the president emeritus, that means he is retired, of the 2.2 million persons service employees international union, seiu, the country. he joined as a service worker in 1973. he rose to become its organizing director and selected as president in 1996. they played a significant role in building the progress of infrastructure that helped to transform our debate over the last years. in the 2008 elections, seiu moved rapidly to stand with the young senator from illinois, barack obama, from the very beginning. he has been named to the president talks a national commission to fiscal responsibility and reform. from that post, he will help lead the debate then will vote -- that will dominate politics over the priorities that we take, the choices we make if we get a recovery and we begin to get our

place oncee the economy is fully recovered. unfortunately, we can blame our long-term deficit on politics that are almost universally popular. we are lying to ourselves and our children, however, if we say we can maintain our current levels of entitlement spending, defense spending, and taxation without bankrupting our country. it would be easy for a cynic to say that we will never touch those policies until a crisis forces our hand. some would say, of course, that the crisis ii at hand. in any event, we must prove that cynicism wrong. this congress restored the pay- as-you-go law, which prevents us from forcing our children to pay tomorrow for the programs we like today. under president clinton, paygo helped turn historic deficits into our record $5.6 trillion 10-year surplus, and combined with economic growth, it can move our budget in the same direction. now, jim, i'm going to take questions at the end of my speech. let me say that i did not know you're going to do it. let me say some people you did not mention. john boehner said, how does this crrate new jobs? there's no real stimulus here. dick armey "it is not a recipe

i am thrilled that the coalition government's place to review the support of part-time students. prime minister, welcome back to the open university. [applause] >> thank you. thank you very much for that introduction. thank you for welcoming me and my team here today. today, my speeches about the deficit, debt, and the financial problems that we face. at the same time, we must never take our eyes of the need of building strong economic growth in britain, growth in which our universities and perhaps the open university in particular should play a huge part. the knowledge based economy is the one of the shooter. and leave realizing it is not just about young people's skills, the open university has had a huge gold plate. it is a privilege to be here this morning. i have been in office for one month. i have spent much of this time discussing with the chancellor, government officials the most urgent issues facing britain today. that is our massive deficit and our growing debt. how do we deal with these things which affect our economy, our society, and indeed our whole way of life? the decisions we make will affect every single person

places, it illustrating the interconnectedness of the 21st century global economy. prior to his government history, he was a professor of economics and public affairs at princeton universityserving as chair of the economic department from 1996-2002. he began his academic career at stanford business school before writing at princeton in 1985. received a b.a. in economics in 1975 from harvard university, summa cum laude, and a ph.d. from massachusetts institute of technology. he and his wife have two children to report in georgia, he grew up in south carolina. the format tonight is not for a speech by dr. bernanke, he and sam donaldson will provide the program. sam will interview the chairman. i would ask the two of them to come forward now and after the interview we will ask questions from the audience. salmon chairman bernanke. -- sam and chairman bernanke. [inaudible] >> hello. i am delighted that you have agreed to do this. what you think of the great wall of china? >> you can see it in the plane when you come down into beijing. >> richard nixon said all right. let's get down the substantive matters. we came to recover from the great recession we have gone through, frag

places. this illustrates the interconnectedness of the 21st century global economy. prior to his government service, he was the howard harrison and gabriel snyder professor of economics in public affairs at princeton university he served as chair of the economics department from 1996-2002. he began his academic career at stanford's business school before writing at princeton in 1985. he received a b.a. in economics in 1975, some a cloudy and a ph.d. in economics in 1979 from the massachusetts institute of technology. he and his wife and i have two children. born in georgia, he grew up in south carolina. the format tonight is not for a speech by dr. bernanke but he and our inimitable president of the council, the distinguished newsman sam donaldson, will provide the program. sam will interview chairman bernanke and i would ask the two of them to come forward now. after the interview, we will have questions from the audience. [applause] >> [unintelligible] [inaudible] prone >> ♪ testing, hello? i am delighted that you have visited us. what do you think of the great wall of china? >> you can see it from the plane when you come down to beijing. it is very impressive. >> that matches richard nixon's statement. [l

university. as far as reaching that goal, what role will colleges play in your plan? interval parts and they will know that they are involved and there is a lot of talent at this place. see dr. carter sitting right there. we have all sorts of talented people. i differ a little because i do not want to close any of the schools ddwn. we have a 33 public supported institutions you have a q s c branch right next to a -- you have a branch rednecks to wait committed to college. i want to fill the mouth. the answer is getting children through school is the only way to get into the knowledge-based economy. a hot every time you see great economic prosperity across the country, every time the see a great research universities involved, you see a network of educational institutions that are pushing people. the personal pathways to success is what we've follow. and we have to get those children on the first round of that letter -- rung of that ladder. if we do that with all the innovative businesses that we have, if we form a network or the government is leading that charge, we can compete with the entire world. >> that was dr. fred carter, the president of francis marion. >> i

place once the economy is ully recovered. unfortunately, we can blame our long-term deficit on politics that are almost universally popular. we are lying to ourselves and our children, however, if we say we can maintain our current levels of entitlement spending, defense spending, and taxation without bankrupting our country. it would be easy for cynic to say we will never touch those policies until a crisis forces our hand. some would say, of course, that the crisis is at hand. in any event we must prove that sit zens -- citizens and this congress enforce the pay-as-you-go law. under president clinton pay-go helped turn historic deficits into a record $5.6 trillion 10-year surplus. and combined with the economic growth it can move our budget in the same direction. now, jim, i'm going to take questions at the end of my speech. jim, let me say that i carry around a card, didn't in you were going tt do it, on both sides, but let me -- some people you didn't mention. john boehner said, hhw does this create any new real jobs? there is no economic stimulus here, referring in 1993. and another dick armey quote is, it's not a rec

university as a catalyst for reaching that goal. will that or any other private play in your plan? >> people will know that they are intricately involved and there is a lot of talent in this place. i seek dr. carter sitting right there. we have all sorts of talented people in our colleges. i differ littleefrom some of my colleagues. i do not want close any of the schools down three we have 35 publicly supported institutions here in south carolina. we ought to use them all and we are not doing it. some of them want to be cutting back. yet the u.s.c. branch right next to a technical college. some people see that it duplication. i see that as opportunity. i want to fill them up. i note that the answer is getting children through school and getting them educated, the only way we will get into this new knowledge-based economy, that we have all the assets for 33 major research universities -- every time you think great economic prosperity, every time, you see a great university involved in there somewhere. and you see a network of educational institutions that are pushing people to the top of the personal pathways to success that was a trail blazed here, that's what we ought to follo

universities in the area to get data and test the higher carbons in the water column. that's being done right now including operating within a five-and ten-mile radius around the oil platforms and the placehere the recovery is going on. those are starting to return to port. there are others going out. sometime in the near future they're going to put together a profile based on the data so we can understand what the picture looks like for the gulf area and relation to what kind of carbons are present and then come up with a general model of what's going on in the gulf. >> any more questions? >> does the cap seem to be working? is it doing what it's intended to do so far? >> yes. with a couple of caveyats. when we put the cap down, there were four vents on the cap that allow oil to escape that's not going up through the pipe. what you want is to keep the oil in the containment cap and not let water in. because when water gets in you form hydrates. and what they're doing is increasing production up the well bore to the ship on taup, and producing oil that will be shipped to shore just like it would any other production capacity. they want to raise that up to the maximum extent possible on a

universally good knowledge, as long as qaddafi in power, nothing changes, and we have heard that qaddafi will never change. i would like to show you the opposite. libya it is a rapidly changing, exceedingly volatile placeconomically and politically. in the late 1990's, during the sanctions. , -- during the sanctions period, could you comment on the tremendous changes that the libyan economy, both private and governmental have seen. particularly 1997 and depicting libya as undertaking rapid change since it was government controlled in the past. but i agree with you. on the economic side, there has been tremendous reform and tremendous activity. they are now executing approximately $130 billion worth of projects. a lot of thae contracts and othr development schemes were helter- skelter in a frenzied attempt to try to catch up from 40 years of stagnation. they are, in terms of the new laws and partnerships and privatizing banks with letters of credit, that they are expanding. there are a very dynamic opening. the fact that i said that they have a very good economic team that realizes that they that -- that this is their future and that they have to develop institutions that meet international standards if