You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups
You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups
Of building the russians into this 10foot tall man that they are not today. The russians have also admitted they are increasing their operational tempo. Of the previous head of the russian navy stated in 2015, their submarine activities had increased 50 in 2015 compared to 2014. As part of the study the Team Productivity to travel throughout the region, stopping in uk, sweden, finland and warsaw. We conducted another workshop here in dc. These were ultimately helpful in building out our findings and making sure we were tempering the report conclusion correctly. This is a useful image, actually taken from a study that looked at nato, any submarine more pair, science and Technology Cooperation during the cold war, so there are some things about it that are a bit off, notably the Breakout Group of russian subs from the baltic sea into the north sea. Might not be the operational construct of the day, but this really captures sort of the scope of the problem. For us looking to the north, yo
Period. Good question, curt. I guess were through. Tonight on cspan3s American History tv in primetime, the start of two weeks of our series the contenders. At the ran and lost but changed political history. Programs about henry clay lead off the series. Well show you a profile of the former House Speaker from kentucky known as the great compromiser in the early 19th century. Well also tour his ashland estate in lexington. Also, senator Mitch Mcconnell talks about the legacy of henry clay as a member of the house and nat for overfour deckeds and then a look at the compromise of 1850 and the impact of slavery on the compromise that preserved the union. All of this. Coming up on American History tv on y span 3 begins at 8 00 p. M. Eastern time. Now, British Embassy defense material minister Steve Mccarthy and others examining russias underwater warfare capabilities and intentions. They also talk about a report titled under sea warfare in northern why you were. It was released by the cent
Is all about chair yellen. Tom with lunch yesterday, you would not have known it, that there was a dovish tone, but i will tell you, the markets moved more than i thought after the nonevent. Really the questions got a response. The harvard will join us dean harvard will join us. Francine i think you put a perfect. When you look at market movements, there is more investors saying she is chasing the markets, not a good place to be. This is one of our main discussion points. Lets get to the first word news. Vonnie thank you. The airport in brussels will remain closed to passenger flights again. It has been out of operations since the terrorist attack. Once the airport doors reopen, arriving passengers will be sent to the hangers to collect their bags. The departure holds will only be able to have 1 5 of normal passengers. The Un Security Council is being pushed to fight back against iran Fourth Nuclear missile tests. The stabilizing and provocative; they say they launched the missiles in