Gave his speech in 2004 he was running for the senate in illinois and the one. Abraham lincoln ran for the senate in illinois and the loss. Think about a family can in 1860, think about barack obama running for the presidency in 2008 if he had lost the Illinois Senate election. But there level of National Security we are talking about here. It. Now on booktv, as James Hagerty of the wall street journal talks about the 1938 creation and 70 year history of the mortgage giant fannie mae. Its about an hour and 15. Thank you all very much for being here and good afternoon. Welcome to our book forum, the fateful history of fannie mae, faithful not only for fannie mae but everybody else too and there are copies of the book on sale in the reception area, which we hope you will buy and which James Hagerty will be happy to autograph after the program. Im a resident fellow here at aei and we are very pleased to have you here to consider what this is fateful history and its role in american politi