Of the house of representatives. Pursuant to the order of the house january 3, 2013, the chair for now recognize members morning our debate. The chair will alternate recognition between the parties with each party having one hour. With majority and minority Leaders Limited to five minutes each. Note debate should continue beyond 11 50 a. M. The chair recognizes the german from oregon the gentleman from oregon for five minutes. Unfair and often counterproductive. Invites tax engineering and is hugely expensive for those just trying to meet their obligations. Invasions we and lose billions of dollars of. Evenue that should be and providing for our families. While we may disagree with some fundamentals, it would be a mistake to begin with our area of disagreement. I commend the chairman for working to build common understanding on a path forward. But there is one area that has not been part of the tax reform discussion but is every bit as critical at solving our budget deficit. Thats to d
In the last 12 months, we have come back to the market. Can you tell us a little bit more about the structural economic reforms. Particularly repairing the banking system, which i feel is the exemption of growth. Yes, two years ago when the administration was elected, it actually lasted 250,000 jobs for the two years prior to that. Reputation is in shreds around the world. Our banks are dysfunctional. There is a complete sense of hopelessness and despair and disillusionment. Now, gordon was elected with a very keen mind. We have a strategy and a plan that works. The banks are being recapitalize and restructured and have been back in the market as this Program Began in 2013. There are doubledigit figures and our people have had to take really serious challenges. His government made really serious decisions or if it is an example of the Government Works and understands the patience of people, putting up with these changes in the greater picture of things. Now, we expect to do better. But
From his country and japan to sit down and talk. Xi jinping says hes seriously considering the possibility of high level dialogue but before it can happen he says the right environment needs to be established. Japan china relations have been strained since last fall because of a territorial dispute. Xi made the comments after meeting with a senior japanese politician. Natsuo yamaguchi leads the new komeito party. He delivered a letter from Prime Minister shinzo abe. Natsuo yamaguchi told xi his visit marks the first step in improving relations. He says its important to continue dialogue leading to a bilateral summit. Xi jinping said he respects abe. He said abe was active in strengthening ties the last time he was Prime Minister and he said he hopes abe will continue with that work. Translator i hope this meeting will improve japan china relations. It reflects chinas desire to improves ties. Xi referred to the dispute over the Senkaku Islands in the east china sea. Japan controls the t
That the Power Africa Team is focused on a number of projects they are trying to push forward. I would expect things are as transparent as possible. There is certainly an entre to say, who are the guys you are talking to . Those are opportunities. The two questions that were directed toward me the competition from china. I do not see it as competition. As and epc contractor, we obviously compete with Chinese Companies and have competed with Chinese Companies. We submitted a bid today for a contract in tanzania. It is tough for us to compete with chinese contractors. We are more expensive at the end of the day. But we also intend to use equipment that is more reliable. You have to pay for that. Overall, at the macro level, i do not see it as competition. Chinese companies and the Chinese Government have done Amazing Things in africa in terms of roads and infrastructure. There is so much to be done that it is not a matter of competition. We have come late to the game in a way. As everybo
Free enterprise is you end up sometimes with a few companies that are enormously successful, like apple or microsoft, samsung, they control too much of the market. We need government to decide what is fair and what should be the market share. You also have these inequities that i just talked about. And then you have those people for one reason or another, theyre good people and we need to help them out, not just abandon them. Years of their life . So hot, the market has changed but theyre good people . Not have a problem, government may be as those decisions, our a elected officials can decide and if we do not like what is done in say virginia we can go to senator warner for senator mccain and make our case because that is what democracy is all about. Use every one of those arguments in your lives. Some students lets ask, how many of you have over 100 tunes in your music system . How many of you have 500 or more . How many have 1000 or more tunes in your music system . Have 7500 tunes