Thats important to all of us that are here and so many of our colleagues. Information is power today, and we see it all over the globe when its used improperly it is used as a weapon. Democracy requires wellinformed electorate to function properly but to undermine the principle through socalled Disinformation Campaigns designed to mislead voters and in doing so delegitimize the democratic elections. Actors like russia systematically exploit the media and to distort the truth to an unsuspecting populace with regards to the coronavirus and this information is being spread is a high degree and anonymous and again if left unchecked it could be devastatingly effective. I established this organization it could help lead to the global disinformation effort and work with International Partners. The Bipartisan Legislation within the state department is now the law and to get it up and going we will hear more about that today but we are pleased that we are making progress. They lead, synchronize
Including some turtles. Thats right. Your tax dollars actually paid for a study that put turtles on treadmills. So here we have our turtles on a treadmill. To no ones surprise, it turns out that turtles are really, really slow. Okay. Thats what our tax dollars went to. In fact, this wasteful study found that turtles moved at nearly the same pace as dead turtles on a treadmill. Arent you glad that washington bureaucrats used your hard earned dollars to conduct this study . Good grief, folks. Now how many of your tax dollars went to this study exactly . Well, folks, your guess is actually as good as mine because there is no legal obligation for most federal agencies to publicly disclose the price of government projects even though the american taxpayers are paying for them. Folks, this is your money, your money. So shouldnt you have a right to know how it is being spent . Its been said before, and i sure believe it, government functions best when it operates in the open. This is the basi
[inaudible conversations] thank you very much for being here and i particularly want to thank chairman barrasso because he allowed us to have the subcommittee hearing and for me to chai chair if this is a discn thats important to all of us that are here and so many of our colleagues. Information is power today, and we see it all over the globe when its used improperly it is used as a weapon. Democracy requires wellinformed electorate to function properly but to undermine the principle through socalled Disinformation Campaigns designed to mislead voters and in doing so delegitimize the democratic elections. Actors like russia systematically exploit the media and to distort the truth to an unsuspecting populace with regards to the coronavirus and this information is being spread is a high degree and anonymous and again if left unchecked it could be devastatingly effective. I established this organization it could help lead to the global disinformation effort and work with International P
Thats important to all of us that are here and so many of our colleagues. Information is power today, and we see it all over the globe when its used improperly it is used as a weapon. Democracy requires wellinformed electorate to function properly but to undermine the principle through socalled Disinformation Campaigns designed to mislead voters and in doing so delegitimize the democratic elections. Actors like russia systematically exploit the media and to distort the truth to an unsuspecting populace with regards to the coronavirus and this information is being spread is a high degree and anonymous and again if left unchecked it could be devastatingly effective. I established this organization it could help lead to the global disinformation effort and work with International Partners. The Bipartisan Legislation within the state department is now the law and to get it up and going we will hear more about that today but we are pleased that we are making progress. They lead, synchronize
Korea, but now we had subsaharan africa. Anotherhad nigeria, and area of great concern is iran. These are countries that do not have the same kind of Public Health infrastructure, the some kind of control over their border. If you start to see transmission and those areas, those will be the ones that cause spread to other countries and a greater rate than we are already seeing q8 david you are seeing already. Fed going tos the do about the coronavirus . Michael fear is in the saddle. We have gone from maybe the fed might have to cut because of this to three full rate cuts and a better than 50 chance of a forth over the next year. The only trouble with this theory and the idea they be they do an emergency rate cut is correlating with central bankers around the world is that central bankers do not seem to agree. The head of the Buddhist Bank has been the head of bundesbank whose country has been affected by this says we have enough accommodation and at this point there is nothing Central