Panic and chaos. [background noises] exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a v
Exit selectivity it will come to order. This is a short hearing weve never had this combination of witnesses. A collection of expertise to help us make sense of what the chinese, and his partys doing in cyberspace and i can better defend ourselves. Our hats off we spent a lot of time on this committee debating or thinking about the question of whether xi jinping will make a move militarily against taiwan. And what would be a timeline for such a move . Obviously this is a nun on noble question people continue to debate it. In some meaningful sense i wonder if such an invasion or a preparation which would be incredibly costly if the Ranking Member very eloquently pointed out yesterday has already begun. The intelligence preparation of the battle space has already begun. Put differently for over 20 years they have been attacking us the government, defense Contractors Technology firms in cyberspace that is a fact. For a long time the attacks rubbing a valuable technology that was then used
Crew touching 95 a barrel. 4. 6427 is the new cycle high. Tom this thursday is more tumultuous than monday through wednesday. An equity pop at the back end and we are short covered. And the optimist will be here with us in a little bit. You have to reset and recalibrate. There was a moment yesterday and let me get out the surveillance mouse and tell you that we had a 2. 30 10 year real yields. I did not frame that six months ago. Jonathan the equity market is kind of a snooze. Bond market huge moves. Fx one point four briefly against the dollar. The dollaryen getting closer to 150. Lisa that is exactly the right observation. Why are stocks so subtle and why are they not responding to the markets. Is there just simply a paralysis, or this is forced selling for funds that do not have a big position. At this point are we looking at some unraveling that is gaining steam that nobody wants to get in the way of. Tom i am going to when mike mckeen gives us the gdp blah blah blah, but there is
Enough . There is good news. The good news is so far weve been catching these people. Theyve been stopped again and again. The bad news is that odds are eventually one of these people is going to slip through the cracks. Isis is a ferocious and their mission is strong and they are nuts. Maybe not this year but its going to happen eventually. There are three options. One is we realize what amateurs these lone wolves are, or it could be Something Like the boston bombing which was tragic and terrible but survivable, or it could be 9 11 and shut down a whole industry. It could happen in a fast food restaurant, a theme park or a mall. It can be very, very bad for the economy and all americans. It could be really serious. The problem is a big problem. Usually governments dont spend money on something until the problems occur. It was well known new orleans was right in the line of a hurricane and couldnt sustain a hurricane. Katrina had to happen for all the money to be spent. Are we spending
These guys but are we doing enough . There is good news. The good news is so far weve been catching these people. Theyve been stopped again and again. The bad news is that odds are eventually one of these people is going to slip through the cracks. Isis is a ferocious and their mission is strong and they are nuts. Maybe not this year but its going to happen eventually. There are three options. One is we realize what amateurs these lone wolves are, or it could be Something Like the boston bombing which was tragic and terrible but survivable, or it could be 9 11 and shut down a whole industry. It could happen in a fast food restaurant, a theme park or a mall. It can be very, very bad for the economy and all americans. It could be really serious. The problem is a big problem. Usually governments dont spend money on something until the problems occur. It was well known new orleans was right in the line of a hurricane and couldnt sustain a hurricane. Katrina had to happen for all the money