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And possible next steps by the administration. Steering this discussion will be marc sumerlin, managing partner at evenflow macro. Marc served as Deputy Assistant to the president for Economic Policy. And Deputy Director of the National Economic council under president george w. Bush. Please welcome marc and his panelists to the stage. George callas, senior tax adviser in the office of the speaker, douglas holtzeakin, president of the American Action forum, and mark prater chief tax counsel at the Senate Finance committee. [ applause ] good morning. Were all very fortunate to be here on the Tax ....
The campaign for the presidency. The president , however, it was dawn. By one vote. He never did anything about the panama canal treaties when he was president. I think he was right. He was right in being opposed to it. But once it was signed by president carter, once it was done and the senate package, as an american he has got to be for it. So he did nothing to harm it. That was knowing that that document was signed by the people of the United States. President carter was signing for the people. Host Bruce Herschensohn, what about the iraqi war, will there be a lingering effect . Guest yes. And i can hear it now. We should never have gone in. There were no weapons of mass destruction, and i have heard it all and countless, cal times maybe we should have gone in and one. We were on the verge of it with the search with patraeus. We were on the verge of winning. We had alre ....
Stories in fact the economist story was almost word for word my story in the wow Washington Times but they were all afraid to break it. And this fear in western europe about exposing what is really going on, and even since that time, i have been given some grief by some of our old friends who didnt much like the fact that i did this. And to me, its troublesome. This is a little personal because ive been more so theres no question that youre right about that, and the antifracking effort in europe is rim is in sent of reminiscent of receive russian propaganda because its in their interests to prevent it. And that is trumped and this goes to maybe to dougs point and others the reality of russia versus the soviet union. Maybe the difference isnt so great but may end up in the same place. That is that putin and his friends have transformed post cold war russia into a quasimiddle East ....
Well, i think we have ignored it too long already. Its one of the big mistakes we make is assuming its a single block. There are billion 600 Million People in the muslim world, half in four countries, bangladesh, india, snowshower ya, indonesia and pakistan, and life for muslims is very defendant in each country. In the arab world, daytoday life is different in moore morocco than saudi arabia, and even if you assume theres one percent that has very stringent interpretation of islam, thats 16 Million People. A whole country, and not being engaged in the ideological and theological war with them, not dealing with elements that are reconcilable within the islamic world is a tragedy that is going to come to bite us and it may not be as doug said an existential threat, but its a threat where you can see casualties and hundreds of thousands through terrorist activity, and its somet ....
Which is one of the reasons that if they actually get it, you can expect the saudis to have one, we now have the saudis so scared theyre cooperating with israel. Because they dont want these other lunatics to be armed in ways they arent, because while they dislike us, were down the road enemy. Were an enemy right now because were there. But theyve got plenty of other muslims to kill before they get around to us. Yes, sir, right here. [inaudible question] [inaudible question] the question is what it does. The Ottoman Empire was a decrepit, incompetent, utterly useless creature. The tragedy of world war i is all of the old empire that got destroyed relatively liberal ones. Out of the russian empire you get the soviet union and joseph stall yip. Out of germ now any you get nazi system e germany and adolph history holiday, italy, moussaoui lean muse lean any. I would say world war i is a catastrophe. World war ii came out of world war ....