Soon find out. Three main points i want to discuss. Three so whats for today. The first is on the role of president ial character. Our history is oftentime made by powerful characters. In the white house, character is king. What were going to find out today, these two elections and other related elections were influenced in part to a good degree simply by the character of the individuals that were going to discuss, strongwilled folks, personalities shape history. Second point, scandals have shaped history. We dont like to admit this. Its not a source of pride for our country, but more often than not, major scandals have had a Significant Impact on the course of history. Now, for whatever political scandals there are today, know that weve been there, done that. Whatever politicians are doing today, theres a long history of that. And in this case with these two elections, possibly the most important factor in influencing the elections was scandal. The third point, our democracy is a work
If i can add one more thing, remember the beginning of the United States of america. Economy of the this Southern States in the northern states is very different. They were very different from each other. Even today, the economy is very different. We found a way to deal with that and the regulators are the same is true in europe and china and india. Same is the same is true and brazil. This country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that were going to have to on the global stage for a the problem has been solved and can be solved. Host good afternoon, we have a caller from new york city. Caller hello, im so happy youre taking my call. My question is this fiscal cliff that we are approaching. If president obama allows it to happen, what kind of catastrophe are you talking about . Im kind of concerned . So negatively will this affect the industry . How bad will it really be out there on wall street and main s