Thomas Donohue

US Chamber of Commerce president Thomas Donohue was Friday's guest. Here are excerpts from his remarks:

"My fundamental worry is what has happened to take away ... the due process for officers, for directors, and for companies. We have stepped over the bounds a bit, and we ought to pull it back."

"I am for the permanent elimination of the death tax. When it is finally said and done, [there] will be a significant increase in the cap [but] a reduction in the rate. It is very hard to make a case that people of significant wealth should be able to totally duck the death tax."

"We are going to have a bill. I would hope that it might get done this [year. But it] might go to the next year."

"They should really worry when the American people ... come to the point that they think the Chinese are cheating. Because if that happens, Congress is ... going to act in ways that don't have to at all be rational."

"Money goes where it is welcomed, where it can be profitable, and where it is safe. When we make so many ... rules and so many impediments that it is easier to go somewhere else - when we don't develop the skilled people we need - we are telling ourselves fairy tales.... We better get real."