We hadnt set fort and secured agreement for this kind of structure then. You did have a number of countries, but a quite small number of countries who had essentially put out press releases saying this is what were planning to do, but i think you could have counted those on one hand. That was not a large number of countries who did that, so its a completely different, its a kpleeptsly different ball game now. And it started with the durbin mandate for this negotiation. Which we were instrumental in developing at the end of 2011, where the whole theory of the agreement was that it was going to be applicable to all. It was going to be the notkyoto. It was going to be everybody. That was the huge, that was the starting point. And then we, as i said, weve worked through these different structural features along the way. And so fort. A and the impact of the china announcement was significant. The 1997 bird hagel resolution asserted that the United States should not join an International Cli
Jones, your opening testimony was touched upon where china is north koreas last remaining patron. What would happen if china joined us in the sanctions if were just thinking through and really did cut north korea off . How would north korea respond . Well, china has said that they support fully United Nations sanctions and i talked about some of the signs that the chinese are beginning to take unprecedented action in that direction, signalling to north korea they will pay a price if they dont come around in particular on the nuclear issue. This is why when we talk to the chinese we try to talk about how we can work in concert to bring pressure on tnorth korea in a surgical way. Were going to keep at that because we think increasingly the core chinese interests in stability on the Korean Peninsula and our core interest in security that these are converging concerns. And we are seeing signs for the first time in decades that the chinese also recognize this that their stability will be af
The presiding officer are there any senators wishing to vote or wishing to change their vote . If not, the ayes are 53, the nays are 45. The motion is agreed to. The clerk will report the nomination. The clerk nomination, the judiciary, randolph d. Moss of maryland to be United States district judge for the district of columbia. The presiding officer under the previous order, there will be two minutes of debate equally divided prior to the vote on the motion to invoke cloture on the may nomination. A senator mr. President . Mr. Leahy i ask consent all time be yielded back. The presiding officer is there objection . Without objection all time is yielded back. Mr. Leahy i withhold that request. I yield back my time on this side. The presiding officer the senator from georgia is recognized. Mr. Isakson on behalf of myself and is senator chambliss from georgia the presiding officer the chamber will come to order. Mr. Isakson we would like the senate to look favorably. We could appreciate y
They comes under the faintest bit of scrutiny it just vanishes into nothing. Host thats amazing. You mentioned earlier that the whole chasing of paper and the whole zealousness of this Debt Collection business got to a larger height during the Great Recession after the financial crisis because people simply have less money to pay and they have more debt that accumulated. You talk about the term shadow economy which i find very interesting. In the term shadow banking usually its about hedge funds and the Cayman Islands tax shelter. The shadow economy is something different. Its something youd discuss with regard to the people on the bottom of this. I want to know if you can talk about whether you think those people how that will evolve Going Forward from where we are now. Guest the way that i stumbled into this when i was in georgia and looking at the lives of these debtors who were being sued in court over this debt i wanted to get a sense of what their lives were like. One of them tol
For repeating myself but circumvention is not the only enterprise. It is a direct corruption problem. Alternatives address that problem. I dont know understand that. That what if they just took the money and they burned it . That would be a corruption problem . They are not going to burn it. When does the corruption occur . Personappens when the makes the transfer and they have power and they want to corrupt. It creates an indebtedness it when itarty leadership is handed over. It quite parallel to mcconnell. It is why we have aggregate limits because these parties are for medically sealed from one another. Our leaders in particular will feel a sense of indebtedness. Could do i will try to address the circumvention problem. Upt they have done is come with a whole series of things that you have to do. It is not just one thing and. You have to say no giving money pacs. You have to do five or six things to deal with the risk of corruption. A seems to me like significantly more restrictive