Finishing up the inheritance here when Michael First joined as a fellow and you know, at the end of the day, he would come by either my office or his office and his endless curiosity for for how this would play out, his love of the wonderfully ambiguous nature of dealing with the iranian. The questions of whether or not the specifics of the deal led to a much greater political kind of reconciliation, a subject that my great colleague, mark, will take up in a moment. He was also wonderfully into the weeds. And wonderfully competitive in that way that somebodys whos been a reporter all his life can be. When i r reported in the book after i wrote after i had done the inter hans than the United States had been involved in a lengthy cyber saab technology, that was really the first use of a cyber weapon by the United States against another state, i think michael was probably the first person who called me the day they ran the excerpt in the paper. And his mind had moved three chess steps out
And once again serve as your moderator. I want to start tonight by welcoming the north american wide radio and Television Audience tuning in to this debate everywhere from the Canadian Broadcasting Corporation to cpac to cspan across the continental United States. A warm hello also to the online audience watching this debate right now on munkdebates. Com. Its terrific to have you, as virtual participants in tonights proceeding and hello to you, the over 3,000 people who have filled Roy Thompson Hall to capacity for yet another munk debate. This evening, we engage with the geopolitical debates of the moment. Has the administration of barack obama through inaction and incompetence as its critics will claim, fanned the flames of global conflict and encouraged the very forces that want to roll back individual rights, the rule of law, economic globalization. Or, and its a big or, has this president wisely, courageously, disavowed the role of global policeman for the United States, a role em
Our mission to train, advice assist and help build the capacity of iraqi forces. Our Global Coalition is also helping shape the burden of the campaign with nearly all of our Coalition Partners funding their own contributions. With the president s special envoy for our counter isil coalition, john allen, general allen is in the lead as we coordinating the coordination strategy across all lines of effort with our partners. As a coalition and as a nation, we must prepare for a long and difficult struggle. There will be setbacks, but we are seeing steady and sustainable progress. Mr. Chairman, thats an important part of answering the questions we have. The questions we have about our own strategy we ask ourselves, the questions you have about our strategy can we sustain it . Can it be sustained after at some point we leave . That is a critical component of our strategy. Asking that question and answering that question. Were seeing steady and sustainable progress along dods two main lines o
Chemical weapons use. The group is tremendously destabilizing force across large swaths of iraq and syria and the brutal campaigns have approximately u drawn the condemnation appropriately drawn of the broader International Community. In addition to the horrific massacres, kidnappings and decapitations, officials believe that isil is one of the Richest Terrorist Groups to ever exist with estimated assets in access of 1 billion. Unlike most other terrorist groups, which tend to rely heavily on foreign sponsors, isil generally raises funds internally limiting available to the Treasury Department to cut them off. From the formal Financial System regardless. The ability to sanction and block assets remains vital to ensure that over the long run the United States and our allies can shut down any funds that are tied to elicit oil sales, extortion and kidnapping for ransom. As we make progress in curtailing isiss internal funding schemes, it may be forced to rely more heavily on types of fund
And americas favorite stocks, well talk about the biggest of the big names today and profile some of the sectors that have run up and the ones that still have room to grow. First check in with sue downtown at the nyse. Im looking at the markets, they are lower, but were off our lows of the day, down 70 points on the Dow Jones Industrial average. The s p is down 9. The nasdaq down 25. On a percentage basis the nasdaq is the biggest loser. Gold after a big move yesterday is down 8 on the trading session. The tenyear note the yield is 2. 48 and ice brent crude traded up just under a buck on the trading session. While the markets are falling a bit today, carl icahn is 825 million richer. Congratulations. About a year ago, he started buying up shares of netflix in the 58 a share range. Mr. Icahn bought a total of 4, 291, 000. Which led mr. Icahn to tweet yesterday, quote, sold block of netflix today. Wish to thank reed hastings, ted sa ran dose, netflix team and kevin spacey. Mr. Icahn stil