Mauney view is that europe is going to continue to constitute the primary press to the Global Economic recovery in the year ahead and i simply dont i can understand the reasons why they want to be optimistic but i dont think that there is a real basis for being as optimistic as the europeans are on their economic outlook. Thank you. Thank you, desmond. Chris . Thank you, alex for sponsoring this interesting session that we have been having for quite a few years. I think it is extremely important to note how much time has gone by since the break in the house in housing bubble. Im going to comment on the housing side what is or is not happening in the Banking Sector and then finish up talking about the fed and some of the objectives of qualitative easing. The reason is one of the three criteria is in keeping Interest Rates so low is to encourage credit creation. The mortgage industry traditionally has been the primary, a year built for Monetary Policy. A drop rates, borrowing costs go do
1890, which killed over 20 million old world wide. That is sort of a sag card. Number two, the American Economy had ramped up to produce armament for the war. Ironically, most of those never got in the war. When we got in the war in 1919, we used most european weapons. For example, we started building airplanes. Not a single american tanks had entered the war. And goodnight, we fought for the british. But we had a not quite was the largest armaments industry in the world. I Must Immediately after the armistice and the end of the war, the government started canceling contracts. When i see canceling, i mean just like this yet without warning, they pulled them. Factories were left literally with lines halffull. Thousands of workers were let go without warning. The state but connecticut really felt this because it had so many of these kinds of plants. And companies were left with buildings, factories to produce armaments. Well, they said youve got to do something for us. What are we going
That. Please stand adjourned to. [applause] we now have secular norman said of theological board that governs our acceptance or rejection the way our god can speak to people and what impact. We have the Davidians David Koresh says he has special insight to the bible a and this helps other members of the community understand the bible better and allows them to understand they live in the times. That by itself does got saved to be a problem but when it is indeed to other elements, if that trigger of the Law Enforcement concern and the popular press then the idea somebody listening to god is dangerous from the norms and that needs to be policed a and controlled. Stanley weintraub an Award Winning author ruth more than 50 highly acclaimed books including pearl harbor christmas 11 days in december and final victory and i actually remember when i was young undergraduate student reading a young folks on Queen Victoria so a man of many talents. The National Book Award Finalist and a guggenheim
The resilience and development of our robust relations with taiwan over the past 35 years have been greatly fostered by the framework that congress established in the tra. The u. S. Taiwan relationship is grounded in history, shared values and our common commitment to democracy and human rights. Maintaining and deepening our strong relations with taiwan is an important part of the u. S. Rebalance to the asiapacific region. Through the American Institute in taiwan, we were close with taiwan authorities on a wide range of issues. Insecurity, maintenance of peace across the Taiwan Strait is crucial to stability and prosperity. The Obama Administration has notified congress of over 12 billion worth of arms sales to taiwan. This is a tangible sign of the seriousness with which we regard i want to secure. We encourage taiwan to adopt an innovative approaches to maintain a credible selfdefense capacity on an offspeed offense budget to deter coercion or aggression but a reasonable that is expe
Available to everyone. And we gave examples that show that the actual picture is different from the goals, for example, because of these differences. Because what this has meant in this approach is to the vaccination. Its the level in the developed countries was 16 percent. And in the poorest countries, this level was ad was in some 5 percent an hour. Another suggestion was that we should mobile away from multiple lives, inc. For most teachers could have went up on the pharmaceutical markets. Reminded that the russian backs in spring was the 1st one that was developed. And despite your that senior, this is our registration and w a show and the European Commission was artificially hindered it broke that efficiently. Fish and sea in more than 95 percent of the cases and it was successfully supplied to selling his days. And the last topic within the context of health care. As we talked about, we talked about the biological security and 1st of all, within the context of that military biolo