The hearing will come to order. Thank you for coming to the committee today to testify. We know you are on a tight schedule and in order to keep you on schedule and ensure all members have an opportunity to ask questions i ask unanimous can send members will be recognized during the question and answer session for three minutes. Without objections ordered in the Ranking Member and i will be recognized for five minutes during the question and answer sessions. Without objections ordered we will both be recognized for three minutes and they will now yield myself threeminute but once again thank you for being here its been seven years since the chair of the Federal Reserve has appeared before this committee and we are very grateful for your being willing to do that i want to make sure that we support the independence and the repeated attacks are unacceptable and dangerous. I look forward to hearing the testimony and discussing Opportunities Congress and the fed have to support the workers
We will begin with your calls and comments in the first half hour of todays program. Later, we will turn our attention to property in america and the Iranian Nuclear deal, one year later. We will also look back at the 1976 Republican Convention. One of the most contentious in political history. Our line for republicans. And for democrats. You can begin dialing now. Tell us what is on your mind this sunday morning. Also, our line for independence. We can hear from you as well on our twitter account and social media accounts. Thank you very much for being with us. Let us begin with some of the news from cnbc and the debate going on in Great Britain and in europe as the brexit endangers the u. K. That statement from Prime Minister cameron aced on an interview in the london observer. The state pension increases and a spending would be in danger if voters choose brexit. That is from Prime Minister cameron. Polls showing the majority of british citizens are in favor of leaving the european u
Neighboring it is togo, which is under 6 million. When you look at echo weiss, the entire west African Economic unity, it jars to be some thing that looks comparable to the Major Economies like brazil and india and china. The east african community, which is kenya, uganda, tanzania, that starts to look like a powerful economic lock. When you look at the southern countries, the same obtains. Subsaharan africa is 800 Million People. So the attraction, at least for the investor class that these sort of big exploding commercials on this more pronounced when you think about africa as interlinked sort of economic communities. From the political level, the more granular sort of regional basis, i think people are so disappointed in national government. It was a story mentioned over in a weekend were like citizens all over the world, people ask themselves what have you done for me lately . Fans are looking on african states is absolutely nothing. Whether its the educational system, the road in
Continent. Thank you for being here today it is the brilliant book you will buy it if you want to understand the continent better. Think you. [applause] thank you to our author and moderator. Dayo her book the bright continent is out here for anyone that is interested. Thank you. [inaudible conversations] spec i appreciate this conference so much i have been doing this since 20021 of the greatest meetings of the minds ever when you can go from us the shed with confucius to gold and bit coin and minimumwage we are covering the of waterfront. Now between seven and 10 debates one on one i think of these as the terms as the william f. Buckleys firing blind. That is how it began. We debate both sides and donts to interrupt each other. The presenters get to have 10 minutes to present their case than six minutes for rebuttal and to answer what of the questions they can thank their time is your original presentation is eight minutes they can save that for the rejoinder then we have the least 1
Became a shared public norm but then immediately change peoples behavior. And so, to the extent people are interested in legislative solution and human rights doctors want pronouncements from the government inaction from the secretary of state of the u. S. , i am not sure thats the way to get it up in the problem of in africa. And maybe the longer complicated work of communities to collectively change norms. Its not a satisfying it there, but conforms to my general argument that the government is not where you go for a change in africa. It is peertopeer. Exactly. Why dont you tell us what your name is and where you are from. I am neck here from chicago, just down the street. You touch in your last comment part of the question is going to ask about people not looking to the National Government for help and support. To the extent theres any reporting in this country about africa, to the way that is stereotyped as primarily tribal in nature. He mentioned the importance of family or mauler