Transcripts For CSPAN 20120818

college. >> the last time taxes or this typewere this high there was a good reason. we were fighting world war ii. some say growing federal surplus means washington has more money to spend. they have a backward. the surplus is not the government money. the surplus is the people's money. c-span has aired every minute of every party convention since 1984. and we are in the countdown to this year's conventions. you can watch every minute live on c-span c-span radio, and streams ated at c-span.org. >> richard armitage it says u.s./japan relations have drifted. his comments came at the center for strategic and international studies panel on a new report focusing on the u.s. and japan. other panelists included michael green and randy schreiber, a former deputy. this is one hour and 20 minutes. >> let me ask you find seats. ok, we're going to get started. hello. welcome. i want to say greetings to all of you. when richard said he would issue his report, on the 15th of august i said you are crazy. nobody is in washington. this is absolutely fabulous. i am delighted to have everyone here. it does speak to the very importance of the topic of the day. welcome all of you. we are delighted to have you here. we are very pleased that secretary arm attachedarmitage and secretary nye have been appalled and the studies and have shaped the direction for the policy traject tree in united states. i think it has had a sick of against impact as well. -- a significant impact as well. they see the signal againstsignificance of the events of today. what you have before you is a fine study would truth because you can do. i think that will be the thrust of the day. i read their jokingly said this look like an old dutch masters print except the two at the end. thank you we have some diversity. i was a thank you to all of you for having been participants in this effort. let me turn it to you to get into the content. >> we are gratified to be with our landlord. we are grateful to csis for all of the assistance. i want to say thanks to our colleagues who assisted all before you and three others. victor is traveling. frank was an observer to the process. you are looking at a bipartisan group. all three of our reports have had bipartisan participation. we think that is one of the important signals. if you look at this group, we are not all old. some have a little more modest than others, but in a way, you are seeing a new generation of folks interested in japan. we are hopeful this will encourage people in japan to step up security issues in japan's place in the world. if i may tell you what we are going to do. after my introduction, i will read a short paragraph from joe nye. we will ask mike green to talk about where we are in the alliance. these will only be five minute segments. there will be plenty of time for questions. that will be followed by bob mcnally talking about security. kevin is going to talk about the macro issue trade and macroeconomics followed by david asher who will talk about an idea he came up with that we're calling [inaudible] randy schreiber will talk about the real rise of china. that is the background. everything that is going on. isabel will speak about the p ko. we have some views on it. then mike and i will wrap it up. we will turn it over to you. you will be able to stand up. please identify yourself and ask your questions. i will ask mike gruen to sort of in see -- green to sort of emcee. >>this report comes at a time as some drift in our relationship. kirk campbell and his colleagues in the department of state's have done their best to keep this relationship stable. because of this real rise of china and the difficulties emanating from north korea and the dynamism of asia and because of broader security concerns and staying in the same place is not sufficient. we have got to move forward. for an alliance such as ours to thrive we have to approach it from the perspective of a tier one nation. a tier one nation has economic weight, a capable military forces global vision, and willing to take leadership of international concerns. it is clear that we think the u.s. can better support this alliance. there is not a question in the minds of most of you and none of us about the fact that the united states is going to be a tear one nation. it will continue to be a tier one nation. japan, it is time for a decision. does the japan continue as a tier one nation? 50 tier two -- if the tier 2 is ok i guess the close report and do not read further. we say that japan is capable of remaining a tier one nation. we have questions about japan's dissipation. -- disposition. we believe japan need a strong u.s.. for japan to remain standing shoulder to shoulder with the united states, she is going to have to move forward with us. you will see at the end of our report that we have recommendations for the united states recommendations for japan and recommendations for our alliance. let me read from the following and then turn things over. he has asked me to say the following appeared for nearly two decades i have at the pleasure of working with rich to promote our shared the view as the alliance is the central bedrock of a stable and prosperous east asia. this is the third in a series of bipartisan reports designed to develop a better understanding of the importance of that relationship to the united states and the world. we are appealing to americans to rise above any partisanship in reforming the importance of our relationship with japan. thank you for coming. let me turn to two things. combewhat distinguishes these reports is the premise that the united states as an asia pacific power is right to anger its strategy in an alliance with the major maritime power japan. this is not a question of choosing between japan or china. it is about how you approach the whole region. and could 2007, the report was u.s.-japan of like getting asia right. this has a long pedigree in strategic thought toward asia. 200 years ago in the war of 1812 captain david porter was cut off by the royal navy. he announced the planned to attack british shipping in the pacific. it was the first u.s. warships to enter the pacific. merchants knew about trade with china. pressure came back and said as a maritime power we have to anger this with the other maritime presence in japan. in the middle of world war two they argued that we didwe needed a piece where japan was an angerchor of stability. it is also premised on this maritime approach. when joe nye took over in the 1990's, it became policy and has been a bipartisan approach ever since. it is a recognition of our role as an asian pacific power and a maritime power. that is the premise from which we started these reports. the second point is the united states has an interest and principal with japan alignment with japan. when a national interest in it being a first tier power appeared japan can achieve that objective. there are untapped power of sources in japan that would unleash sources of influence on the international scene. japan in the area of soft power is a first tier superpower. japan and the united states is the most trusted country in the world. japan is consistently ranked no. 1 in terms of respect. samsung research institute does a survey on national brands. japan was no. 2 and after march 11 2011, and they moved up to #one. soft power has enormous potential. the self-defense forces are a resource that has not been sufficiently utilize. today in japanese polling the courses are usually listed as the most trusted institutions. they are there. they're loosening some of the constraints that will get a real asset to japan and the world. the role of women, goldman sachs has done studies that suggested japan had participation and the force at the oecd level that g.d.p. would increase by something like 0.3%. which is quite considerable. for japan the number is roughly 16 term. joining into free trade agreements would unleash competitive forces of the japanese economy in give japan a real influence in shaping regional trade and architecture. it is not just about the bilateral economic relationship. it is about japan and powering itself internationally by being the leader in foreign trade agreements. these are some of the areas despite the well known challenges japan has with energy, there is some real potential. part of our purpose is to explain why it is in u.s. interest that the potential be tapped. >> thank you. the importance of energy in our economies and our national security is often overlooked but cannot be overstated. it is something we took on board when our group took this project. in the context of the alliance, we identified several challenges and opportunities that are emerging. i would like to review them. first, nuclear power. we are mindful of the tragedy's from march 11, 2011 and 16 our condolences of those inflicted by the earthquake we day and send our condolences of the affected by the earthquake. we applaud the prime minister's wise decision to initiate a cautious restart. before, japan was the third largest consumer of nuclear energy. nuclear-powered remains the only substantial source of base load efficiency generation. it is critical for japan to sustain economic growth. the nuclear shutdown is starting to reverse japan's extraordinary progress. in the 1970's, at 80% of japan's energy use was oil. last month fuel consumption is up 60 4% a year ago -- 64% a year ago. it would also stymie development of civilian nuclear power. as china plans to join major vendors, and japan cannot fall behind. these plants will be built all over the world. japan will benefit from the state services. for our part, we need to remove uncertainties regarding the disposal of nuclear waste and tokyo and washington must take forward the lessons of fukushima and promote safe world leadership. the second issue is natural gas. i have enjoyed how it can surprise you. he would have thought we would be talking about the united states as an exporter of natural gas because large increases in reserves has turned the united states into the world's fastest- growing producer of natural gas. the lower 48 will be exporting in 2060. when we wide in the panama canal, it will allow a 80% to pass through their and supply -- there and supply competitive gas. japan needs the natural gas. we have it. our country started natural gas trade in 1969. the united states should extend its exports. the united states must reject calls to limit exports. this is not a time for restores nationalism. it is time for a resource alliance. we should not be inhibiting private sector plans. the united states should put japan on a level playing field with other customers for our lng. the united states should guarantee and no guarantee barring a national emergency. the third area we discussed was protecting international energy security in the global energy. the vitality of modern civilization and future global growth will depend on increasing flows of access to fossil fuels for a long time. even as they become less dependent, in the world will still rely heavily on energy supplies from the persian gulf. the persian gulf is a crucial supplier of lng. as china and other nations followed are steps in become this it depends on the stability of our respective markets. this year she cut imports to iran by over 1/3. going forward at tokyo's increased participation in efforts to combat piracy, confront regional threat to peace and secure the sea lanes will be needed and welcome. methane hydrates. this is longer. it is as operational. they are natural gas crystals are buried in the ice formations. the are boundfound to be 10 years japanese global consumption. they can be high as $700,000 trillion cubic feet. like shale gas we know it is fair. we have not figured out how to get out of the crest safely and cost effectively. these are technical problems with countries with the skill and motivation can sell. we cooperate closely in the development of large scale methane hydrates production. in may a field trial successfully extracted met in hydrate by pumping in co2. the united states and japan should accelerate progress on researching and developing environmentally responsible production of methane hydrates. a cautious restart a nuclear power, a new chapter in our bilateral trade enhanced protection of the global economy and methane hydrates appear as promising areas to deepen and succeed. thank you appearing. >> thank you for the opportunity. in trying to say where we are now in global economy and comparing it to the moment when we last together in 2008, what a difference four years makes. we were in the trough of the u.s. financial crisis that had morphed into a global economic crisis. an actual contraction in world trade. if you look at where we are now i know we have the lowest u.s. consumer debt in decades. the u.s. exports have increased 43% and they are target to hit president obama's aspirational 50% growth. american companies today are sitting on top of more cash than at any time in history since 1963. bob has described a very dynamic energy situation. i would submit there is at least as much dynamism in the manufacturing sector with 3d printing that are offering significant promises to the two countries that are the leaders in innovation and productivity, u.s. and japan. what do we do with this tax? have to step out of the shadow of 2008? -- how do we step out of the shadow of 2008? on the investment side, we have seen some largely on chronicled movement in investment. it is very important. since 1998, we have seen a doubling of u.s. investment in japan. that is good news. we have not seen corresponding moments this direction. what is clear is underneath the surface for companies. when we wring our hands about some features, that anxiety are not shared by a lot of corporations. they seem to be progress. they want to act on it. as we come up with recommendations, david asher challenge us to not just think about how to keep the bicycle up bright and moving forward but how to create a new paradigm that not only operated to u.s. and japanese advantage but improved the outlook for trade. >> thank you very much. japan is a nation in a period of great challenge. there is a tremendous prospect for opportunity and economic development and advancement. japan is a country that has really never tapped into its service sector liberalization projects. as a country that faces a rapidly declining working population, it debt and deficit, we frequently look at the prospect that japan may face. we do not pay attention to the opportunities for japan to advance the state side economy. we forget japan is still the second-largest economic partner for the united states. especially if you count for the production in china. the army tiitage-nye report would really cement the relationship between the u.s./japan bought between canada and the trade free trade zone. the context is that japan already has a pre trade agreement with mexico. there is really no reason why the united states should be left out of this process. what we see is an opportunity for japan to address it long- term investment and economic prosperity needs to buy creating a much deeper and stronger relationship with the u.s. and taking advantage of the huge economic opportunities for investment here. returns on capital are very strong. returns in japan are really low. we see free trade agreement as a way as increasing the sense of confidence between our countries. it will allow japanese investment to flow into the u.s. and north america at large. we see an opportunity for japan to invest in the energy sector. bob mcnally talked about natural gas. the u.s. is awash of natural gas. prices are washed out. there is relatively little investment going on because of this asymmetry. the japanese countries have an opportunity they are taking advantage asif in canada. the u.s. has to change its policy. we need to make sure japan can invest with security and safety in american natural gas and energy opportunities. the only way to do that is through a free trade agreement. the bottom line is that free trade is not as complicated and equation for japan to solve as people think. the working population among farmers in japan is alarmingly in decline. the agricultural issues have been blocking free trade for years. they are not that substantial. japan has negotiated free-trade agreements with many countries. the united states which people thought they could not. including mexico. i think we need to break the barrier of free trade and move forward in a way that will help our license for the next 50-100 years. >> thank you. we make a few comments about relation with neighbors? >> i let that some by david a. about free trade relations. the section i am speaking about is relations. the main point is the u.s., at japan, and korea share extremely important trilateral of national interests. it is hard to place on the u.s. agenda wtwo issues that are as important. as how do we together approach the rise of china and how do we deal with the issues of north korea? these are very difficult issues that are key to the stability of asia and peace in the region and the growing friendship between the united states and china. we really have to focus on these issues together. we cannot achieve our common interests unless we were together. there are a lot of ways to build trilateral cooperation. we have talked about cooperation. in japan and the cutbacks from the nuclear power position, may be tempted to not recognize the important world ridewide role of non- proliferation and nuclear- powered. japan's role is well recognized and respected around the world. for japan to retreat from that position and not move forward there would be a big mistake. likewise south korea has important nuclear safety track record and a roll of transparency. together the three countries of the united states, 3 and japan can make significant progress to promote and assured the safety of nuclear power and our commitment to non-proliferation. the second area is overseas development assistance where they are world leaders and where we share a common interest. japan and korea have been very is a mental in promoting of debt is common to us in iraq and afghanistan. this will continue to be a model. the third area is u.s.-japan security cooperation. there has been a lot of bilateral activity between korea and japan that can be built and promoted and encouraged. together we can move forward having crossed servicing agreement between the two w zero countries and having a sharing of information will go a long way toward promoting the cooperative. that we share. i am really a product of the korean war. my parents met in japan because of the korean war. they were married and in japan. i was made in korea. i was born in america. i think i can really empathize with japan and korea and all the emotion that goes on between the two countries over their natural interest. both countries have legitimate stakes and questions involving historical claims. it is more than that. it is emotion and feeling. it is at the death of what the means to be japanese and korean. these are very difficult issues to which the united states cannot resolve. and they need to be looked oat addressed by the people themselves. for us to expect the japanese or korean government to go against public opinion and take some enlightened position is a little far-fetched. what we're asking for is that maybe we look at encouraging the track two dialogue that exists between the countries were historians get together and resolve and get a point of consensus where people can talk openly and directly to each other and broaden this into a public understanding. why are we interested in? we are interested in this as people who are facing a difficult future. we need to go forward together. we need to move forward together to address these issues. thank you. >> thank you. radny, could you enlighten us on the rise of china index? >> it is the backdrop to everything we're talking about. it informs the policies. we would probably be talking about a balance if china was not on the correct rate. our report with thehas a central theme. we know the history of the alliance has been very favorable for china. in part, the meteoric rise was made possible by the stability and regional presence that our alliance has provided. we believe that will continue to be the case. this is a rejection of what we hear from. some chinese friends that the alliance is no longer appropriate for regional security. we believe china can benefit as long as we continue to have the right mix of hedging and engagement. that is where this has been his historic play and also as an alliance. going forward this will be the case. it means certain capabilities will have to be maintained and acquire itd the closely monitored. to keep this rights, it means that we need a dynamic process to talk about necessary capabilities. recently there has been a lot of focus on the hedging part. it is largely driven by china's behavior and some of china's policies. we noted concern about china's statements about possibly extending their core interest to possibly the south china sea. irrespective of whether it is officially a new core interests we can observe the behavior itself. on top of that is the lack of transparency in chinesa's military-is a sham. this hedging portion of our alliance will need to be sustained. we also note that china's trajectory of board is not 100% insured. china faces challenges. we lists several in the report. the energy situation and the increasing demand that china faces, the widening impact, at the crosscutting issue that really challenges corruption. it will make china's rise all the more difficult to sustain. the other big question is about the economy of china. questions about whether china can achieve its own stated goals of transitioning from and export driven growth model to one that is more of driven by internal consumption. the jury is still out on that. more recent signs have really shown that china is sticking to the old playbook. the recent moves on the currency are designed to increase exports. that is the model that they have succeeded on so far. transitioning away from that could create winners and losers kukri political tension, that china does not need right now. at any point that it is a difficult transition for china to make. just to close, we believe the alliance will continue to be of benefit to china as long and as this mix of hedging and engagement is done appropriately. that requires the acquisition of searching capabilities and a very dynamic process of consultation. >> thank you. >> the morning. -- good morning. thank you for having me be part of this panel. the security section of the report addresses six sections cyber security, extended deterrence, prohibition of collective self-defense, and peacekeeping of which isabella will adjust following me. as my colleagues have made clear, the security environment was focused on japan. it expanded in thinking. it expanded in north south and strengthen our ad in the mission to what operation lead the lions could do. that was followed top -- operationally the alliance could do. that was followed up by the other missions this budget for regional security. the trend is pretty clear. the trend is also the distinction between the regional security is of upset. when you look and consider what japan's national interest and scope of regional interests are, it goes north further south, and much further to the left. we would argue it goes as far west as the middle east. if you can imagine that, the streets or closewere closed. that is have a significant effect on the stability of japan. that thinking needs to be more context of the alliance. i will not go through all the recommendations. at the first sign of any closure of the street, and japan should unilaterally a dispatch minesweepers to the region. right now the u.s. and japan are considering proceeding with the missions capabilities a dialogue. that dialogue should include extending and strengthening intel, surveillance, and reconnaissance. it is further to the extent of going down to the south china sea. we also recommend that it should become more and operational headquarters. i will speak a little more about that when we get to the last section of prohibition as self- defense. in that regard, they should be given more specific responsibilities. mission oriented responsibilities. at the foundation of this dialogue that both governments are about to have on roles and missions and capabilities should be addressing more intimate service to service cooperation as we move forward. i used to be at the osd policy desk with paul who i see over there. paul was a navy officer. i was an army officer. he would lord over may have affected the navy to navy relationship was. he was right. the navy cine the relationship has been the model. it has been that way for decades. the marine corps and japan's self-defense floor forces relationships to be much closer. it should be much more intimate. they have a lot to share when it comes to things like amphibious operations and capabilities. let me switch now to research and development. before i depart with regard to the sword and the shield analogy that is an overly simplistic way of outlining what the alliance should be doing. it fails to address the offensive responsibilities that japan should have won it comes to the defense of japan. that relates to the defense capability. let me transition to the rnd,. we need to become more effective as alliance partners. this is one way to do that. japan has recently adjusted the export principles. the alliance has yet been able to figure out how to implement that. how do we move forward with that change that opens up new opportunities? one way is obvious. we should open up the pipe of japan exporting technology is and military -- technologies and military arms. we should welcome that. the days of u.s. concerns that japan threatening military industries and defense industries are really past. we need to open up the pipe. the different area is one where both sides took a very complicated, very expensive program and found a way to have co-productions of the system. we need to find more areas for those kinds of opportunities. with regard to cyber security, they have established a security command that is not something japan has. we should find a way to establish the joint cyber security center where we focus on research and exchange of information. with regard to extended deterrence let me make a couple of remarks. deterrence requires two obvious factors. one is capability and the other availability. with extended deterrence and with an ally we need to continue to work on the assurance that the u.s. provides japan. that requires a dialogue of what direction it is going. we need to continue to do that. let me raise this backdrop. both sides we believed rightfully recognized that as one of humanitarian resistance and humanitarian relief and specifically did not have a component of external adversary that we had to deal with regard to defense. it swept away the prohibitions. a couple of examples are u.s. warships moved japan's self- defense forces to northeast japan. another example is public forces worked to make operational the airfield which became the center for how to provide relief and response in the crisis to that area. those are great examples. it also brings out an irony. the irony is that we did well in the scenario. we swept away the prohibitions on self-defense. and a scenario where it is much more severe, we are prohibited from that type of incident cooperation. the recommendation is we should find authorities did with allow both forces to deal more intimately without the constraints of self-defense brings to the operational forces. that should apply to the full security spectrum that forces must deal with. that means peace time tension crisis and more. that is another strong recommendation that we raise. with that, let me pass to isabella perce >> thank you for hosting us. -- isabella. >> thank you for hosting us. dr. gruen mentioned the forces are one of the most trusted institutions and all of japan. japan is the only country in the world that regards weapons used during the peacekeeping operations as an exercise and military force. there is a bill to possibly revise this peacekeeping operation law. the current law does not allow them to use weapons, only for the case of self-defense or one in danger is imminent picket the new bill would revise this to allow the self-defense forces defend civilians outside of the peacekeeping operations. this would supplement the security of the host nation. it is likely that the bill may not make it to the current session. it might get watered down appeared the expense of this report recommends a more forward leaning revision. we can protect and defend other international peacekeepers to other nationalities. japan is currently on self- defense. working on disaster reconstruction. right now they're containing infectious diseases. this was extended to 2013. we believe the self-defense forces are making tremendous contributions. with that comment we of the bl will go through. that is a little more for were leaning. >> thank you. let me turn it over to you in just a moment. i want to make a very brief concluding remark. it should be obvious that this panel does not believe that decline in japan is a foregone conclusion. mike has already mentioned some of the hidden strengths of japan will employ them. it is an economy that can be made even more robust. if it was more open, immigration changed, credit for his patient by women can also reach a greater participation by women in the workforce can also -- greater participation by women in the work force and also change. let's have some pride in it. your allies take pride in the fact that japan has such a well developed brands. the self-defense force is now the most trusted organization and in japan. the operation got us some time. we supported our allies. the operation will not carry us through the challenges of the future. it ought to be clear that we hold a very strong view that the world is made safer and more humane by the united states and japan. we have the greatest possibility of a peaceful real rise of china if every rise takes part in a place of strong vibrant democracies. we also include the public of korea and indonesia. we want a japan and united states will come to the conclusion we cannot share. we know who we are. we can be very much assisted by strong and vibrant japan. we have to learn a lot out at you. i'm going to hush up and try to respond to questions. mike will identify people. we will get off to this. >> we have microphones across the room. identify yourself. you can address it to the panel in general. >> is the tension over the islands we did as the tension over the island a rises -- as the tension over the island rises, will you be confronting are conflicting with china? it prepares for the consequences. thank you. this includes this. it is impossible to answer a question like that. the reason in what is the issue? the something happen because japan is acting in a provocative way? -- does something happen because japan prompt one sort of response from the united states. if japan and the areas under the door sticks and of japan were attacked, that might have another press box -- under the jurisdiction of japan were attacked that might have another situation. but it is in the u.s. interest to make sure we exert every ounce of our influence to keep that event from occurring. i think that is where the diplomatic energy of the united states is going to be applied. >> i am in the united states navy. we talked about some legal changes for a more expansive definition of what the self- defense force can do. but what i have not heard as much -- i understand for historical reasons, it is a self-defense force. but why not a unified command? why not take the brakes off of the fourth completely and let them be a full on military? what are the concerns that we might have in doing that, given our current considerations? >> we make it clear in our report as we have in the past that first of all, a decision to remove is a japanese decision. not a united states decision. the article 9 has been described as an impediment. i cannot think one can argue that fact. we also have an interesting footnote to a dead duck our report. the foot of reforms -- refers to the 2006 commission which was put together to study the question of article 9 collective self-defense. they came to the conclusion that the prime minister could do away with a prohibition of self- defense. united states would be fine with that. it is nacas holding it down. -- it is not us holding it down. >> the goal is to have more intimate cooperation so that we can work together better than with the constraints now. we are not seeking changes of constitution, our unified command, for example. we are not seeking for japan to become a more militaristic nation. the aim is to get rid of the impediments of our forces can work together more efficiently. >> in the back there. >> i am from the state department. public diplomacy bureau. if japan does not choose to step up the plate -- to the plate and let the alliance with their, what are the most possible consequences? >> let me make sure i understand. if japan and united states are not moving forward together, what are the consequences? we are going to have an alliance because one of the most important features is the fact that the government and the people of japan allow us the use of military bases in japan. without which the tyranny of time and distance for our navy would be such that it would really make it difficult for us to have meaningful security cooperation. as long as the government of japan were willing to allow the use of u.s. bases our alliance will continue. will not be what we needed to be. it is not something i think -- if japan does not move along that is not a situation that is supportive of the people of japan. i use the term deliberately. we want in japan in which young japanese can dream not just exist. a japan that is not so -- inward looking. the americans think that is the kind of japan japan needs and wants as well. >> i did not personally think that we are at that -- we are at a fork in the road were alternatives are a robust alliance for a divorce. we are talking about an alliance that drips -- that drifts. there is broad consensus in both countries that we need each other. if we end up on the path of continued drift several things could happen. the u.s. and other powers of line closely japan are going to start hedging. that weakens japan's influence and will take some of the energy out of the joint cooperation we need for both of our country to be bought -- to be more influential. that is one danger. the other danger -- you can create a in a time of shifting power in asia, the impression that there are cracks is at a time when you want to discourage countries from trying to unilaterally change the order we now benefit from. we want to discourage countries from resorting to force gordon mercantilism -- forced coersion, mercantilism. it is not so much a binary love or divorce choice. it is how much we are able to continue maximizing the benefits to each of our national regional stability. >> i did not believe there was any subtext in this report. i do think in this third exercise, one thing that became clear in our conversations was that among the greatest threats was the failure of imagination on the economic side. to be blunt, look at the energy that is spent on free trade agreements and even on the tp process, which is terrific. it might be the next thing that keeps the open trade in the pacific region on track. but i know with interest i am puzzled by the idea of a japan, korea, china fta. really? i saw the announcement to months ago. i was trying to figure out how does that work? at a time when -- i shiver because they are authentic experts in the global trade regime. when there is no next obvious thing, for us to spend time and energy diverted from the largest free trade agreement in the world nafta, and adding and enriching confidence with japan. in terms of what is next -- in terms of what is next and the pollsters the alliance, that seems an obvious and important signaling. for the rest of the region currently in doubt because of the background noise from your -- from europe, that could be vitally important signaling. >> on energy, i can think of a least one opportunity japan would forfeit. and one additional risk it would take on. what we are suggesting is that we leverage the alliance to remove japan's second-class status when it comes to being a customer for our lbg expert. i think that opportunity would go away. -- lng exports. i think that opportunity would go away. were our alliance to wither, we would lose the opportunity to utilize japan's assets and it would exacerbate this tension you start to see in the united states, a potential for resource nationalism. as our imports go down and america stars to realize we have all of this oil and gas under our feet, some people believe we can be self-sufficient. it starts to revive the sense that we do not need the middle east court send troops abroad. a weakening allies with japan would reinforce that sense of resource nationalism which could come as a result of the abundance we are discovering. >> i am with washington research and analysis. i am surprised that you can recommend the restart a nuclear plant and that japan will we still did not know what happened and what is happening in fukushima. i think the u.s. to be more engaged because the u.s. designed and built, general electric plants which in retrospect have a flawed design. as a flawed design because it self-destruct when the plumbing bills. nothing else. justice circulation of water. it melts down within 24 hours and then it contaminate the environment for the remaining 30 years. this has happened in the united states as well. i think the united states to pay more attention. japan to have a scenario of what to do should the plants meltdown the way fukushima did. this is something that the u.s. should also be concerned about as much as the japanese. japan cannot afford the loss of 900,000 square miles of real estate the way the u.s. might be able to afford. thank you. >> your point is well taken. i did not mean to -- i hope my remarks did not sound -- a hope to convey the we applauded the cautious restart the prime minister has begun. only two reactors down. they are setting up a new regulatory agency that will take on board the lessons of fukushima and insure that when other restarts happen, it can be done safely. we are plugging what the prime minister has done. entirely appropriate. we would go back to the fact that nuclear energy is the only emissions' free source of base load electricity generation. we do not see that without a restart of safe nuclear power reviving its national economy much less becoming that tier one part that secretary of our litigious talking about. >> none of the reports commissioned by the government or independently was the cause of the problem. i do agree that the u.s. and japan to do a lot more. japan pledged a big role sending in engineers and experts to help us at a critical time. a lot of u.s. engineers from the department of energy had been in japan. it seems one area of beer -- we could step up is in learning from experience and then together with other like-minded states, push for higher levels of nuclear safety globally. and it's time when we are looking at a future where most reactors will be built by russia, china and other countries, you are right there is an opportunity there. >> this question is for anyone who wants to respond. it seems the allies is in good shape but they cannot afford to stand still. particularly in the context of some in the game changes. with the relaxation of the three arms export control principles how can you see that as a game changer, at least potentially. how can you see that changing not only the security relationship but the economic relationship? >> there is no doubt that both the united states and the japanese industrial sectors involved in national security need to integrate themselves more substantially. our budgets cannot afford to be independently minded. our allies allows for us to be comprehensively involved with each other. and we should be. but we're not. we license a lot of technology. we do limited co-production but we have never embraced opportunity between us. it will lower the cost of our defensive systems and it will increase the effectiveness. -- a effectiveness. it will show to our adversaries that we are integrated for the long term. people will not be thinking they can take advantage of us. i think it is economic security which need to pay much more attention to. >> thank you for doing this today. regarding the u.s. japan relationship this reporter recommends the united states should not render judgment on issues. at the same time, it states as a recommendation for japan, japan should confront historical issues. i felt there is a judgement there. meaning japan's [unintelligible] on these issues. could you elaborate on the statement that japan to confront historical issues? but what is today? -- >> what is today? august 15. we did not have this proposal unveiled today by accident. we dealt painfully with our historical issues. that is why my comments about the difficulty of these historic issues were heartfelt. we know how potent they are and how powerful they are. united states is not going to make a judgment on these issues. but the united states should be using all of our diplomatic energy to help the two sides regard -- resolve these issues. how the result in what manner has to be acceptable to people on both sides. right now there is a great matter of populism involved in these issues. that further muddies the waters. we have suggested stepped-up discussions. united states is not being judgmental. we come to a conclusion to our own painful experience. >> if i could add to that, it would be useful if local figures in japan and other countries in the region stop and ask themselves before they speak or before they take trips to certain places, whether what they are doing is in the natural interest or designed to gain domestic political popularity. is it in the national interest to antagonize a fellow democracy at a time of shifting power balances in the region? that is probably too tall and ordered to expect politicians to stop and think about the national interest before they speak or act. but for those aspiring to higher office or to be statesmen are states women in the future, that would be a good test and for the media to think about as well. >> we can take one more quick one. >> at the report pointed out rightly the problems the alliance faces which is dominos of its third quarter issue. both governments have decided to delete the issue from the rest of the world map agreement to focus on other important issues but the reality is now we have another third order issued. it seems to me we never can overcome this issue of third order issued dominance. might you think we continue to have this problem of third order issued dominance? is that a japan problem? or is this a problem that comes with the nature of deployment and how can we overcome this? >> we describe it as a third order issue. the point being that we start and hope that our colleagues in japan will start a position that is in the long-term national interest. we are not virgins appear to read it understand that in many cases, the u.s. military is a burden. we understand that. the burden is on us to be thoughtful about our approach and be very careful and cautious in our consultations with the government of japan. for too long, these third order issues are taking the oxygen out of the room. whatever the secretary in states -- of state and colleagues are to talk about the interest, it would devolve to 10 month -- to futenma. the f word. that is all anyone wanted to talk about. let's not let the tail wag the dog. the not let them take the place -- do not let them take the place of our larger alliance. in my view, there are ways to work these out. but it will take some real bought less from both and probably compromise. on both sides, given where we are now. >> thank you for having me. i spent a great deal of my formative years in japan. i lived for a while there. how do you think mirimoto will do? he replaced the cabinet. how do you think he will pan out as a defense minister? and with regards to the statement on iran and depending on distinctions lists, japan went off the distinctions list recently and has been importing iranian oil. does that affect the u.s.-japan alliance? how did japan plan on joining a unified sanctions 5? >> i can take the first part. i think he will do fine. the tough part for the u.s. side is how these positions continue to change. with prime ministers or with an administration. i think the current defense minister will be fine. it is just that we need to have some stability without regard to rebut the report is looking at a longer-term -- but the report is looking at the longer term. that is what is important here. >> with regard to iran and sanctions, the u.s. policy requires that importers of iranian crude make substantial reductions in those imports. that is not defined precisely clear the state department decides what a substantial and what is not. europe has completely stopped importing iranian oil but japan not only made substantial reductions but also early on in the process, showed respect for our sanctions policy itself. to make sure their planned reductions would satisfy the u.s. requirement, which it did. an embarrassment where a ramble so well are rising overall, it is remarkable and a strong sign of our alliance that japan implement these difficult reductions in iranian imports. going forward there is the issue of how to ensure the tankers bringing iranian crude back to japan and other countries. japan has put in place and ability to assure those tankers. the u.s. not asking japan to complete the halt its imports of iranian crude just to substantially reduce them. it has been doing so. abbot expect japan will continue to remain in close contact -- i expect thejapan will continue to remain in close contact with the united states. >> thank you all. we did the first of these bipartisan report -- reports of years ago. a lot of us had more hair than. we took the report in 2001 and it was the document used in the situation room for the deputies committee meeting to decide on policy toward japan and asia. we are not certain whether this particular document will have a similar role in the future but part of the focus here is not just to give our ideas on what we need to do to revitalize the alliance but to stimulate a debate and discussion. we did not answer every question by any means. hopefully this will spark that. we will get some feedback. some will be negative, some will be positive, but we will generate attention to the need to act as we have a in the past. this is real encouragement for us that there is interest in that. thank you very much for joining us. [applause] [captions copyright national cable satellite corp. 2012] what the republican national convention begins in a week. the platform committee meets to choose the priorities for the next four years. do you have live coverage beginning at 1:30 p.m. eastern through 6:00 eastern and again tuesday, beginning at 8:00 a.m. eastern. host[captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> some issues are not that simple. saying there are weapons of mass destruction does not make it so. saying we can fight a war on the cheap does not make it so. and proclaiming mission accomplished certainly does not make it so. three days after september the 11th, i stood where americans died in the ruins of the twin towers. workers in hard hats were shocking to me, whatever it takes. it telegraphed me by the arm and said do not let me down. -- a fellow grabbed me by the armand said do not let me down. since then, i have worked to defend america what ever it takes. >> c-span has aired every major party conventions and 1984. there is a week ago and still our live coverage of the republican and democratic national conventions, live on c- span, c-span radio and streamed online. all starting next monday with the republican convention with chris christie. also senator john mccain and former governor of florida je b bush. democratic speakers include first lady michelle obama and former president bill clinton. >> on your screen is senior -- is singer greenwood. the wisconsin congressman appealed at the -- appeared. he talks about the medicare proposals he also in the house. this is about 30 minutes. -- he authored in the house. this is about 30 minutes. >> it is my pleasure and my privilege to introduce to you united states congressman from the state of wisconsin and the next vice president of the united states, congressman paul ryan. [applause] >> this is my mom, betty. say hi. thanks mom. have a seat. there you go, mom. france -- friends, we have a big choice to make. this is no ordinary election. it is not an ordinary time. we have a choice. we can stay on the path we are on the one president obama has put us on. it is a nation deeper in debt. in asian further in doubt. it is a nation in decline. or we can elect a leader who will make the tough decisions who will apply our founding principles, get us back on track, restore the american ideal and get people back to work. president obama and other politicians like him in washington have become more focused on their next election than they have on the next generation. not us. we are not going to do that. we will lead. when my father served in the -- we want to earn your support. we want you to have a victory. when we went, we have the mandates, moral authority, to get this country back on track. it is very clear that president obama -- do you see that? do you have a medic coming? thank you very much. it is very clear that president obama inherited a difficult situation. there's no two ways about it. the problem is he made matters worse. this is why the president has run out of ideas. this is why the president is thought running on hope and change any more. he is running on anger and frustration, fear and smear. we are not going to do that. we need a real leadership. let me tell you about the man who is about to be the next president of the united states. his name is mitt romney. i do not think i have seen a time where the man and the moment have met so perfectly. to everything he has done in his life has prepared him to provide the kind of leadership we need. look at the beautiful family he has raised. do you remember the olympics in the 1990's? when they needed someone to turn it around, of who did salt lake call? they called mitt romney and he turned it around. we thank him for that leadership. he helped turn around struggling businesses. he helped create great businesses we know now, sports authority, staples. this is a man who actually created jobs who knows what it takes to get businesses up and running to help people in need. take a look when he was governor of massachusetts. of all contrast, this is clear. president obama came into office promising to create jobs and prevent unemployment from getting above 8%. it has been above 8% for 42 months. when it romney was governor, it went down. household income, family income has gone down by more than $4,000 in the past four years. when romney was governor of massachusetts, family income went up. member president obama used to say he's going to bring everybody together. we will set aside childish things. it is the most partisan atmosphere i have ever seen and this is the third president i have served with. when mitt romney was governor of massachusetts and a republican in a democratic state, what did he do? he reached across the aisle. he negotiated. he balanced the budget without raising taxes. this is the kind for this kind of moment we need to lead our nation at this crucial moment. you have heard the president has been talking about medicare lately. we want this debate. we need this debate. we are going to win this debate. like a lot of americans, when i think about medicare is not just a program. it is not just a bunch of numbers. it is what my mom relies on. it is what my grandmother had. like a lot of people, we have this rule in wisconsin. when you turn 65 you have to go south for the winter. my mom is a snowbird. she comes here for the winter. just like so many folks from all over the country do. my grandmother moved in with us when i was in high school. she had alzheimer's. my mom and i were her two primary care givers. you learn a lot about life. you learn a lot about your seniors and family. you learn about alzheimer's. medicare was there for our family when we needed it. medicare was there for my mom what she needs it now. we have to keep that guarantee. my mom has been on medicare for over 10 years. she plays tennis every week. she exercises every day. she planned her retirement over this promise the government made. that is a promise we have to keep. here is what the president will not tell you about his medicare plan. about obamacare. the president raise $716 billion from the medicare program to pay for the obamacare program. >> [boos] >> in edition, he put a board of 15 unelected bureaucrats to cut medicare that would deny care for current seniors. do you want to know what medicare is saying? one out of six of our hospitals and our nursing homes will go out of business as a result. 4 million seniors are projected to lose their medicare plan that they chose today under this obamacare plan. what is worse, the president's campaign calls this an achievement. do you think that is an achievement? do you think of powering a board of bureaucrats to cut medicare and achievement? neither do i. medicare should not be used as a piggy bank for obamacare. it should be a promise to our seniors. here is what mitt romney and i will do. we will end the raid on medicare. we will make sure this board will not mess with my mom or your mom's health care. let me just see a show of hands. how many of you are 55 or over? ok. how many of you are not? our solution does not affect your benefits. let me repeat that. our plan does not affect the benefits for people who are in or near retirement. it is a promise that was made and must be kept. in order to make sure we can guarantee that promise for my mom's generation, we must reform it for my generation. you have to so it does not go bankrupt when we want to retire. the good news is that there are bipartisan solutions to do this. the plan originated in clinton commission plan to save medicare in late 1990's. it is a bipartisan plan in congress today that says do not change benefits for people 55 and above. only become eligible we get a choice of guaranteed coverage options, including traditional medicare. we get to pick the plan for us when we retire. that means all those providers compete against each other for our business and we do not have to beg for the mercy of 15 bureaucrats whether or not we get our health care. we think the best way to save medicare is to empower 50 million seniors, not 15 unelected bureaucrats to make their decision on how they get health care. mitt romney and i will protect and strengthen health care is a people will have promises that are kept. one of the ways we can make sure this promise is kept is to get people back to work. to grow this economy. that is why we have solutions for more jobs and higher take- home pay. the plan is designed to get this economy growing again. 12 million jobs, grow the economy. this would create 713,000 jobs in florida alone. the key is to get us back to work. we have lots of energy. let's use it to create jobs and lower gas prices. we need people who are out of work to be able to go back to school to get the new careers and get back on the path to prosperity. we have to grow more in america. we make things in america. we grow things in america. that creates good jobs in america. we also have to stop spending money we do not have. we have to cut spending, get this deficit under control so we leave our children and grandchildren a debt free nation. that affects jobs today. we are the champions a small businesses. small business is the engine of opportunity. we need to start that engine. growing up, my dad worked in my mom stayed at home. i have three older siblings. my mom stayed at home. when my dad died, my mom went back to school. she went back to college and started a small business. my mom had three or four employees at that small-business when she started. we were taking care of my grandmother. she was going to school and starting this business. mom, i am proud of you for going out, getting another degree. i am proud of you for the small business you created. mom, you did build that. that is what america is all about. i am so proud of her for that. i am so proud of her for doing that. this election is the most important election in our lifetimes. no matter what generation you come from. there are a few things my dad would always say that have always stuck with me. he would say son, you are either part of the problem or part of the solution. he was usually telling me this when we were part of the problem. he would also say in this country, every generation of americans solved their problems so that their children are better off. that is the american legacy. it is our duty to save the american dream for their children. when we talk about these things, when we look at the enormous choice we have in front of us, when we have such a clear contrast between the leader in mitt romney and the failed leadership of president obama the choice is clear. it goes deeper than that. it comes down to what kind of country do we want to have? what kind of people do we want to be? our founders were so eloquent when they created this country. they made it very clear. our rights as citizens, our rights come from nature and god, not from government. [applause] our founders secured this. our veterans have kept it ever since. we thank those veterans. here is the commitment that mitt romney and i are making to you. we are going to give you the choice. we are not going to keep kicking the can down the road. we will lead. we will not blame other people. we will take responsibility. we will not try to transform this country into something it was never intended to be. we will not try to replace our founding principles. we will reapply our founding principles. we are suffering from decades of politicians from both political parties that have made empty promises to voters to get reelected. soon those empty promises will quickly become broken promises with painful consequences for all of us if we do not act. we need leadership. we need to make sure that government keeps those promises to people who are organizing retirement around these promises like my mom. we need to make sure the promise of this country is not only there for my mom's a generation but for my children's generation. we need leadership. mitt romney is the man for the moment to provide that leadership. this is a defining moment. this is our generation's time. we can do this. we can turn this thing around. we can get this economy growing. we can get families back to prosperity. we can do this. with your help together, florida and the rest of america will get this country back on track. thank you very much, everybody. thank you for coming out today. we love you so much. we thank you for your support. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] [playing "only in america" by brooks and dunn] >> president obama campaign in new hampshire. he spoke about the tax plan and proposals of mitt romney and paul ryan and talked about his own plan. this is about half an hour. [cheers and applause] >> thank you. it is good to be back. it is good to be back in new hampshire. first of all, thank you for being here. i know it is a little bit warmer. >> i love you. >> i love you back. if you are standing, then your knees a little bit. we usually see some folks dropping out a little bit. [laughter] feel free to sit down and relax. i want everybody to give a big round of applause. [cheers and applause] not only for the great introduction, but for being an outstanding teacher. i love teachers. [cheers and applause] two other people i want to acknowledge are annie custer. [cheers and applause] and my national co- shereen 2008 -- coach here in 2008 is here. [cheers and applause] all of you are here. i am very happy about that. [cheers and applause] let me also say thank you for returning my daughter's safe and sound. they were up here for camp for a month. they had a wonderful time. their parents miss them a lot. we were glad to get them back. you guys took good care of them while they were up here. i appreciate that. [cheers and applause] now, when they were at camp, there were no tv's. ifunless you have been able to have your tv or cable, you may be aware there is a campaign going on right now. part of the reason the campaign is so intense is because the choice we face in november could not be bigger. it is not just a choice between two political parties. it is a choice between two fundamentally different visions about where to take this country. two finally different -- a fundamentally different paths for america. and the decisions you make the direction you choose for us to walk in will have an impact on your lives and an impact on your kids in your grandkids and generations to come. some of you are involved in 2008 when we came together a -- [cheers and applause] it was not just democrats. we had even some republicans. there you go. the idea was that we needed to restore the basic bargain that made this country great. the basic bargain that created the most prosperous economy that the world has ever known. it is a simple bargain. it says if you work hard that work should be rewarded. it says that if you put in enough effort and you take seriously your responsibility, you should be able to find a job to pay the bills, afford a home to call your own, count on health care if you get sick -- [cheers and applause] you should be able to retire with some dignity and respect. most important, you should be able to give your kids the nds of opportunity that allows them to do better than you ever did. [cheers and applause] that is the american promise. that is the american dream. we knew restoring it would not be easy. it would take more than one year or one term or even one president because we have gone through a decade and that promise was not being kept. we had seen a decade in which incomes and wages were going down even as the cost of health care and going to college are going up. we had seen a decade -- [cheers and applause] -- in which jobs were being set overseas and we turned a surplus into a deficit, ran two board on a credit card, all culminating in the worst financial crisis since the great depression. middle-class families who are already getting hammered lost their jobs, their savings, some lost their homes. the american dream seemed even further out of reach. when i ran for office, i told you there are no quick fixes there are no easy solutions. i also insisted that if we pull together, we have everything we need to meet our challenge. [cheers and applause] yes, we can. we still have the best workers in the world. the best entrepreneurs in the world. the best scientists, researchers colleges in the world. [cheers and applause] we are still a young nation. we have the greatest diversity in talent and ingenuity. there is a reason why people still want to come here. no matter what the naysayers say and how dark the other side tries to paint the future during election time, there is not another country on earth that would not trade places with the u.s. [cheers and applause] most of all, the american character has not changed. in fact, during this crisis, we saw how people may have gotten knocked down, but they got right back up. people in their 50's losing their jobs go back to school, get retrained, and find a new one. small-business people keeping their doors open, even if it means them not taking a salary because they understand that their workers have families that are depending on them. we may have gone through tough times, but we are tougher than tough times. [cheers and applause] that is how we say again on the industry on the brink of collapse. that is how we created for a half million jobs. half a million in manufacturing. we are not there yet. we still have a long way to go because we have to make sure that here in america, the matter what you look like, no matter where you come from, no matter what was your last name is here in america, you can make it if you try. that is what this campaign is about. that is why i am running for president. [cheers and applause] [chanting four more years] now, i have to say this is a choice in this election. we have a particular vision about how to move the country forward. my opponent and his running mate had a different view. they believe the best way forward is to go right back to old top-down economics that got us here in the first place. >> boo! >> their ideas are pretty simple. they're not hard to explain. they think if we get rid of more regulations on big corporations and big banks, some of which we could not -- we put in place to protect and if we do more tax cuts for the wealthiest americans and somehow prosperity will rain down on all of us. that is their theory. in fact, the centerpiece of my opponent's entire economic plan is a new five trillion dollar tax cut, a lot of it going to the wealthiest americans. his new running mate -- >> boo! >> people for a plan that will let governor romney payless than 1% in taxes each year. here's the kicker -- he expects you to pick up the tab. >> boo1 >> this is not my analysis. this is the analysis of the independent folks who analyze tax plans for a living. that is what they do. [laughter] their analysis shows that governor romney's tax plan would raise taxes on middle- class families with children by an arage of $2,000. >> boo! >> not to reduce the deficit or grow jobs or invest in education, but to give another tax cut to folks like him. as governor romney and his running mate, when they are here in new hampshire on monday, asked him if that is fair. ask him how to grow the economy and how it will strengthen the middle class. they have been trying to sell this trickle-down snake oil before. it did not work then. it will not work now. it is not a plan to create jobs. it will not reduce the deficit. it will not move the economy forward. [cheers and applause] it is the wrong direction for america. [cheers and applause] you know, i think they know it is not a very popular idea. you can tell that because now they're being dishonest about my plans because they cannot sell theirs. they are trying to throw everything at the wall to see what will stick. the latest thing they have been trying is to talk about medicare. you think they would avoid talking about medicare. given the fact that both of them have proposed to voucher rise the medicare system. i guess they figure the best defense is to try to go on offense. in new hampshire, here is we need to know. since i have been in office, have strengthened medicare. [cheers and applause] i have made reforms that have extended the life of the programs that have saved millions of seniors with medicare hundreds of dollars on prescription drugs. [cheers and applause] the only changes to your benefits that i have made on medicare is that medicare now covers new preventive services like cancer screenings and wellness this is for free. [cheers and applause] governor romney and congressman ryan have a different plan. they want seniors to get a voucher to purchase their own insurance. that could force seniors to pay an extra $6,400 a year for their health care. remember those guys to analyze this for a living? that is their assessment. that does not strengthen medicare. that undoes the very guarantee of medicare. it is the core of the plan written by congressman ryan and endorsed by governor romney. here's the bottom line -- my plans raise money in medicare by tracking down the fraud and insurance. [cheers and applause] their plan make seniors pay more so they can get another tax cut. my plan is our extended the life of medicare by nearly a decade. [cheers and applause] their plan would put medicare on track to be ended as we know it. it will be an entirely different plan. a plan in which you could not count on health care because it would have to be coming out of your pockets. that is a real difference between our plans on medicare. that is the choice in this election. that is why i am running for a second term as president of the united states. [cheers and applause] four years ago, i promise to cut middle-class taxes. that is exactly what i have done. by a total of about $3,600 for the typical family. [cheers and applause] just like we have a difference on medicare, we have a difference on taxes. right now, i want to keep them where they are for the first $250,000 of everybody's income. if your family makes under $250,000, which that includes 98% of americans, that is you. [laughter] 97% of small businesses, you will not see your income taxes increase by a single die next year. [cheers and applause] if you are fortunate enough to be in the other 2%, you will still keep your tax cut on the first $250,000 to make. that is a pretty good deal. all we're asking is for folks like you who made more than $250,000 per year, we are asking you contribute more above $250,000 a weekend pay down this deficit and invest in things like making college more affordable, making sure our teachers are not getting laid off, making sure everyone is there to respond to emergencies. making sure our economy booms. keep in mind asking the wealthy to pay more does not eliminate our deficit. we will still have to make sure the government does its part by cutting away all of the spending we do not need. i have are to cut one trillion dollars in spending. we cannot just reduce our deficit and debt by gutting education and research and development and infrastructure. all we are asking -- go back to the rates we paid under bill clinton. which was a time when we created nearly 23 million new jobs the biggest budget surplus in history. and a whole bunch of millionaires. [cheers and applause] i am getting all fired up. [cheers and applause] i want to explain that this is not just good for middle-class families and working families. it is good for everybody because what happens when a police officer or a firefighter or a teacher or construction worker or reception -- what happens when they have more money in their pockets? they spend it on basic necessities. maybe they go out and finally after 10 years by a new car. maybe they buy a new computer for their kid going to college. that means business has more customers. that means businesses are making more profit. that means businesses are hiring more workers who have more money to spend, which make businesses do even better. that is how you grow an economy, not from the top down but from the middle out. or bottom up. that is the choice. that is why i am running for president for a second term. [cheers and applause] on issue after issue, the choice would not be clear -- my auto industry was on the verge of collapse it romney wanted to try to go bankrupt. i said a billion dollars, let us spend it on american manufacturing and workers and three and a half years later the american auto industry has come back. [cheers and applause] governor romney likes to tout his private sector experience even though a lot of it was investing in companies that were called pioneers in the business of outsourcing manufacturing jobs. >> boo1 >> he wants to keep giving tax breaks to companies that ship jobs overseas. i want to give tax breaks to companies who are investing here in new hampshire, the u.s., hiring american workers to make american products, the seller on the world. that is the difference in this election. [cheers and applause] dela romney things clean energy is imaginary. since i took office, we have double the use of renewable energy. thousands of americans have good jobs because of it. it is not imaginary. it is real. we have to stop giving $4 billion per year in taxpayer subsidies to big oil companies that are making plenty of profit. we have to use that money to help american homes -- american energy that has never been more promising. that is the choice in this election. [cheers and applause] int 2008, i promised i would end the war in iraq. we did. [cheers and applause] i said we would go after al qaeda and osama bin laden. we did. [cheers and applause] we now are transitioning so that afghans take more responsibility for their security and we can bring our troops home. [cheers and applause] all of these things we did only because of the incredible courage and dedication and patriotism of our men and women in uniform. [cheers and applause] that is why we have made investments in the va because i believe anybody who has fought for america should not have to fight for a job when they come home. should not have to fight for the benefits they have earned. [chanting usa] we could not be more proud of them. we want them to return to a strong economy, which means that after a decade of war, it is time to do some nation- building here at home. [cheers and applause] let us create a better -- veterans job group. let us take some of the savings from war to rebuild our roads and our bridges and our schools all across america. increase broadband lines and wireless networks that can make us more competitive. let us put construction workers back to work. that helps everybody. that will help america be strong for decades to come. that is the choice in this election. that is what is at stake. [cheers and applause] i want to make sure that we have got the best place in the world. i want to help school districts hire the best teachers, especially in math and science. i want to give to million more americans the chance to go to community colleges and learn the skills of businesses right now. i want colleges and universities to bring their tuition down because in the 21st century, our young people have to be able to get a college education, a higher education. it is not a luxury. it is a necessity. that is the choice of this election. [cheers and applause] yes, a hampshire, i am running again because i still believe that nobody should go broke because they get sick. [cheers and applause] i am kind of fond of the term obamacare. i do care. that is why we passed the law. that is why six and a half million young people can stay on their parents' plan now. that is why seniors are seeing discounts in prescription drugs. that is why families who have got somebody with a pre- existing conditions can now get health care. it was the right thing to do. a free court has spoken. we are not going backwards. we are going forward. [cheers and applause] we are not going back to the day when serving the country you love depend on who you love. we ended do not ask to do not tell. we are not going back. we are not going back to the days when women did not have control of their own health care choices. we are going forward. we are not going back. [cheers and applause] on issue after issue, there is a choice. all of these issues, manufacturing, health care, education, all of these things tie together because it is part of what makes up a middle-class life and creates opportunity for people to get into the middle class. that is what we believe in. that is what we are fighting for. that is how the economy grows. that is what we learn from our parents and grandparents and our great-grandparents'. some came here as immigrants. they were working hard, overcoming obstacles understanding that in america not only can you do better but your future generations can do better. that is what is at stake in this election. that is why i am running for a second term as president. [cheers and applause] let me say this -- let me close by saying this. over the next three months you will see more negative advertisements then you have ever seen in your life. these folks on the other side are writing $10 million checks. basically, their argument is the same one over and over again. the economy is not where it should be and is obama's fall. they know their own plan does not fit. all they will try to do is hope that if they can tap into people's anxiety, that they will win, even though what they are selling will not work. what they are selling is not a plan to create jobs or reduce the deficit. it is not a plan to revive the middle class. they are counting on outspending us to win. here is the good news. i have been counted out before and i have been outspent before. what i have learned and you guys have helped teach this to me is that when the american people cut through the nonsense when you focus on what is important, when you are reminded of what values built this country, when you remember that we are in this together and you affirm the basic american notion that everybody in this country gets a fair shot and everybody should do their fair share and everybody should play by the same set of rules, when you are focused on the things that make us a great country, we do not lose. you will help get us there. we have too many more jobs that we have to create. to many more teachers we have to hire. two -- too many people who need to go to college. too many people that need to come home. more energy we have to generate. more opportunity we have to open up to everybody. if you are willing to stand with me and fight with me and make phone calls with me and not on doors with me, if you are willing to vote for me, we will win new hampshire. we will win this election. we will finish what we started a round the world. we are the united states of america. god bless you. god bless the united states of america. [cheers and applause] ♪ [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] ♪ >> the republican national convention begins in a week, and if but -- and it will have platform meetings to choose their priorities for the coming year. >> which is more important? well, or honored? it is not as the victors said four years ago, the economy stupid. it is whether we possess the wit and a termination to deal with the economic questions -- and a determination to deal with the economic questions. all things do not flow from wealth to party. i know this firsthand and so do you. all things flow from doing what is right. >> look at what has happened. we have the lowest combined rates of unemployment and inflation and home mortgages in 28 years. look at what happened. 10 million new jobs, over half of them high-wage jobs. 10 million workers getting a raise they deserve with the minimum wage law. >> c-span has every minute of every major party conventions as 1984. now we are in the

Related Keywords

Canada ,Japan ,Tokyo ,Salt Lake ,Florida ,United States ,New Hampshire ,Iran ,Afghanistan ,China ,Wisconsin ,Indonesia ,Russia ,Washington ,District Of Columbia ,South China Sea ,Brunei General ,Brunei ,United Kingdom ,Mexico ,Iraq ,Netherlands ,Massachusetts ,Point Is ,Midi Pyrées ,France ,Futenma ,Okinawa ,North Korea ,South Korea ,Americans ,America ,Iranian ,Chinese ,Dutch ,British ,Japanese ,Afghans ,American ,David Asher ,Joe Nye ,Chris Christie ,Randy Schreiber ,Annie Custer ,Michelle Obama ,Al Qaeda ,Mike Gruen ,Kirk Campbell ,Isabella Perce ,Bob Mcnally ,Asia Pacific ,David Porter ,Paul Ryan ,John Mccain ,