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wanted to reflect from a foundation the ideas that has been expressed there and how they are interacting with new ideas. you know charlie for probably almost 20 years my publisher jonathan used to say to me you should update the book. we did it once after oslo and i said i will update but it will be new forward beirut to uses level, one page one line. nothing has changed. but in the wake of the arab spring somebody very big has changed. there s been a tendency i think in analyzing the arab spring to say it s over it s finished a disaster, i told you so but i told you so. i told you so. and my attitude is i don t need to be the first on my block to announce that, you know, this is a finished, over, etcetera. it s if i would say a disastrous is space right now. there s no about it. it s been a bad inning and we can talk about that but i think this is the beginning of a long process. what i tried to do in the addition of the book is really frame what are the forces at wo ....
wanted to reflect from a foundation the ideas that has been expressed there and how they are interacting with new ideas. you know charlie for probably almost 20 years my publisher jonathan used to say to me you should update the book. we did it once after oslo and i said i will update but it will be new forward beirut to uses level, one page one line. nothing has changed. but in the wake of the arab spring somebody very big has changed. there s been a tendency i think in analyzing the arab spring to say it s over it s finished a disaster, i told you so but i told you so. i told you so. and my attitude is i don t need to be the first on my block to announce that, you know, this is a finished, over, etcetera. it s if i would say a disastrous is space right now. there s no about it. it s been a bad inning and we can talk about that but i think this is the beginning of a long process. what i tried to do in the addition of the book is really frame what are the forces at wo ....
bankruptcy and we were profitable when we were on a road trip and losing about a billion. including restructuring costs. i made a statement that we would get back to profitability. we were profitable by about 300 odd million in the first half of 11 and then lost about that much in the third quarter. when we were going through our crisis when we got downgraded as our national debt rating was downgrade and there was a lot of controversy in washington where we were going to lift the debt ceiling and the country going to default, think about we finally got that sorted out, but in europe, they are hearing about potential sovereign debt defaults twice a day. every morning when they get up and before they go to bed. it hurt their confidence and people stopped buying. i see it every day in the sales reports. same thing is happening. everybody is doing what they call short weeks where we send them home and there are benefit packages. we still have the plants open. it is estimat ....
rights and ignore the rule of law. there can be no justification for an increase in funds to the these countries. that money was not used wisely as the elections in nicaragua were fraught lend and ran afoul of nicaragua s institution. this budget fails to hold abusers of democracy in the region accountable and cuts support for democracy. instead of standing in solidarity with the cuban and venezuelan people in their time of need, this budget turns its back on them. the castro regime orders its state security forces to beat members of the ladies in white as they leave church services on sundays, prisoners of conscience die while many worldwide turn a blind eye to their plight. in venezuela, the chaves regime has demolished the authority of the national assembly and intimidated the opposition by leveraging control over the system. this administration does not appear to have a coherent strategy. the russians and the iranians clearly have a strategy and it can be summarized ....
defending themselves, and better at pulling themselves out of poverty is just as important for us in our national security as it is for them. to succeed we must ensure that our budget resources are allocated wisely, our international programs are carried out in the most efficient and effective manner. but before closing, i d like to highlight two of the my top and somewhat interrelated priorities. middle east peace and the effort to prevent iran from developing a nuclear weapons capability. madam secretary, for the past three years, the palestinians have simply refused to engage seriously in peace talks. my sad conclusion is that palestinian leaders don t have the will or the desire to make the compromises necessary to achieve peace. they don t want to engage seriously, because they know that in the end, they won t be able to do the deal. that s what happened at camp david in 2000, at taba in 2001, and at the olmert talks in 2008. and now, nearly two decades after oslo, ....