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japan should have taken the threat of the tsunami more seriously. >> a european food crisis as scientists look for the source of a deadly infection. there is anger in spain as vegetable exports are turned away. and the final endeavor. the space shuttle's last mission. we're live at the kennedy space center in florida. fifa is poised to re-elect set blater as president, the most controversial leadership vote in football's governing body. fifa ignored calls to postpone the ballot. prince william, the president of the english association, supported that call and so has the scottish ...

Didn't happen. now you have someone that knows about job creation and doing business overseas with the chinese and selling them products. >> that's all true but let me add one other aspect to jeff immelt. ge capital got the largest bailout and sits on the board of the new york fed as a public representative and not even as industry representative and at the same time his company got huge, huge subsidies of taxpayer money. it's our skin in the game and not shareholders skin in the game. we bailed them out. then he's dealing with china selling what will give away critical export industry. is tha...

They're in aircraft. the bottom line is i think we need someone with skin in the game. we tried it the white house's way which is having government stimulate job creation. didn't happen. now you've got somebody who really knows about job creation, doing business overseas with the chinese and selling them products. >> ali, that's all true, but let me add one other aspect to jeff imle. ge capital got the largest bailout and sits on the board of the new york fed as a public representative and not even as industry representative and at the same time his company got huge, huge subsidies of taxpayer...

U.s. remains incredibly innovative. it still is quite clearly just about anywhere in europe and i don't think that's going to end. i think it's where people want to do this. and that is important for the future. but there are other things that are not happening which worry me. corporate america isn't investing. >> that's a lot of cash. >> corporate america is running enormous cash surpluses and not investing. now, that is partly to do with the tax structure, which actually strongly subsidized accumulations of cash but that's a very big issue. you need a much more competitive export industry. i...