Some of us still believe in battleships, and we are not sure that alaska should have ever been made a state. [laughter] senator king p request with some trepidation, mr. Chairman i want to associate myself with the senator from alaskas questions. The arctic is emerging as any normally important and strategic area. We have one heavy icebreaker and one medium icebreaker. The estimates are the russians have 710 icebreakers. That is just basic infrastructure. And the resources up there and the strategic implications are enormous, so i appreciate the senator raising the question. We have to put the discussion into context in terms of your budget. This chart, which im sure youre familiar with, is the last 50 years of defense spending as a percentage of gdp. Starting in 1962 at about 9 , today it is 3. 3 and headed down , at a time of increasing threat and payroll for our country. Often we get confused about the absolute dollar amounts, but a percent of gdp as a way of comparing apples to app
D. C. , not by the government or not by any any local agency. So, it is it is one of those difficult questions that i think is going to take a lot more work than 90 days to resolve. Susan final comment . Sari i just wanted to add one thing that seemed important today, especially because commissioner ramsey is not here. When this report came out, a lot of Police Officers were very upset because they felt it was a broad rash and painted a very negative picture of the police. And i asked lee went through the Police Academy and through the fbi training to see and understand it. And i went to Firearms Training when you go through a simulator and you are in the darkness, and someone comes out of you and you have to shoot or be shot. And i think i was killed several times because it is really difficult, and it is really hard to be a Police Officer in america. Susan thanks to both of you for your questions this week. Appreciate your time. [captions Copyright National cable satellite corp. 2015
With the grace that still years away. And fifty years ago today the nation the world was stunned by the assassination of president kennedy the majority of americans think theres whats the story will take a look at some of those spirits leader and shout a fan. Friday november twenty second wind and wants to be seen. I mean youre a d that you are watching are key. Whats it like bush and obama are not the only president s that have been instrumental in the end a season full collectction of american identity that were now learning that president reagan deserves some credit for those seeking an essay powers. In eighteen eighty one reagan approved something called executive order twelve triple three an order that mandates the duties and foreign intelligence collection of the countrys seventeen Intelligence Agency is now as you might imagine this order has had no oversight by congress. It holds many questionable privacy protections if any at all and the only changes that have been made to a c
Markets overnight. Were off the low, down 56 points. Were following General Motors. Take a look at the stock. Its lower as a recall controversy grows. New reports that the government ignored warnings as early as 2007 about a potentially fatal problem with ignition switches. Shares down almost 2 . We will be speaking with the parents of the young woman killed in 2010, and they want answers from the government, bill, and from the company. Absolutely. And the mystery of that missing malaysian airliner continues. Its unbelievable. A story thats gripping much of the world. We will speak with experts as they try to grapple with how you search for a missing plane in such a vast body of water. The technology is amazing, but its still a needle in a haystack kind of a story. Stick around for the latest on that crazy, crazy story coming up. In the meantime, an important hour as we head towards the close. The dow is negative, but well off the lows. Its off about 60 points. The nasdaq down about 0.
Enough already. Is that a good headline . I think so. What was the geoff and i who are opposite of people obviously can be. Are annoyed of watching anywhere in washington on anything. And our boys who runs fortune since there wasnt going to be resembling he would commission the people to propose solutions to we sat down and wrote it. Host how did you go about it . Guest it was pretty simple. We decided the smart thing get off the premises. Two of us went a couple of blocks down six avenue new york had lunch by ourselves. We went through the big issues here and we found that, you know even though we dont agree, as alan said, we come from opposite perspectives here. We were able, in a short time to reach general agreement on a few principles that were the biggest and most important ones. You know, the larger point here is that within washington, and look, a lot of people know it. At love people dont. Within washington, theres broad agreement what the financial problems of the country are