it's not just that. we speak real, which we going on is not that kids are believing everything they are told by professors, as they look around and there like weight, i'm from a middle-class family but i can't afford rent in new york city and i could afford to buy a car, much less a house or get married. i have no choice. how is capitalism working for me? it's not. ...

>> [applause] >> i have been here before quite recently and in godfather three pull me back in. thank you so much.

and thank you to the entire team who has put this together and it gets better each time. [applause] and a special word to the angels because you have succeeded so well in your businesses that you are able to be so generous so those of us that do nothing can enjoy extraordinary occasions like this one from the bottom of my heart. thanks again. [applause]

this is the fourth time i've spoken from the stage i spoke about the state of the world the next time i was here i spoke about the state of the nation to speak about liberalism and free speech in the united states and that state of conservativism what does it mean to be a conservative in the united states in 2019 cracks when i

was writing for the wall street journal in particular one segment of reader commentary and no sooner at that time then i became a fascist pig. so somewhere in the middle of the conservative movement it is worth spending a few minutes talking about. so when mainstream conservatives believe the cold war could be one and it was a net positive and protectionist was bad the truth was not relative and moral character matters and we have a right to expect temperament and decorum

with prudence and wisdom your political heroes were not just reagan and thatcher and my friend gary casper off. these were the people that were fighting against to be done - - to believe in the epistemology not alternative facts or emotions or clicks. to be a conservative that you listens to the columns from charles krauthammer and that those load stars were your own like john locke or adam smith or friedrich hayek.

and the rights of mankind and the necessity of defense and that economic exchange at the end of the decade with the berlin wall down it's easy to see why conservatives and what attracted me my children are the ages i was in the eighties but from an american perspective from conservativism to them a compulsively dishonest president will serve him and demean those that don't the

belief that political compromise is a sign of weakness not seen since the likes of joe mccarthy. and then taken directly from the isolationist from world war ii the demonization of immigrants weather in latin america africa or the middle east if it is our own ancestors with 60000 people not including suicides. and then to rage against the news media borrow directly and

a conservative news channel don't bother to disguise the fact they are a mouthpiece and temper tantrums against all allies with families through forced deportation that which millions of americans of already paid dearly and this is the short list that will not become republicans until something changes and it's hard for me but it's also a shame and a tragedy because no democracy can remain morally sound for a conservative movement the united states

does not have one and is unlikely to recover anytime soon this is how democracies perish. what should conservatism be about? by definition in any country or culture is the politics of order and tradition and caution and to slow role with unintended consequences with those established social norms

and what about conservativism in the united states. not based on language or geography we are americans we observed a common set of ideals. there is a paradox what is

left to repudiate it. that intelligent conservative to advocate a politics of a conservative means. compatible with the right of his or her neighbor. to help produce citizens of enlightened self-government to

give the out wherewithal to take full advantage of their birthright liberal democracies they are not immune just think of brexit to be disastrous therefore no more vulnerable to neglect and decay venezuela or above all into the reaction

perfecting liberals but in the 1970s and eighties and taken from the people's republic and it's not hard to know and on college campuses and then to take second place to religious

infinity. not only in the form of osama bin laden and the al qaeda network and with that muslim brotherhood philosophically had emerged these enemies either came from the laughter from the outside what about the enemies on the right? for many years i was convinced the american conservative one - - conservative movement starting in the 19 fifties with the godfather of modern american conservativism and in national review. the same thing was done to the segregationist like john

bircher and so on. i began working the editorial pages of the 19 nineties and that was complete sure it was pat buchanan but it wasn't where it needed to be. but on the whole the leading figures of the right and then to operate within the framework of political decency. the optimism turned out to be premature and then with free trade from latin america. also claiming both are to blame for the struggle of the american working class. from that premise with

globalism in the deep state and now routinely issue from the white house. so what we have now is a framework with fear of that shadowy conspiracy with no sense of loyalty to the country that mark my words that will not be far behind. here again leading conservative thinkers to denounce it but after capturing the nomination also captured most of the intelligentsia. the same columnists that worked alongside would spend 20 or 30 years of the moral

degradation of the political left of a president with that timeless 19 nineties classic thinking of monica lewinsky. until just a few years ago looking at the obama administration just think of the fury on the right holding medvedev as a summit in 2012 and to have more flexibility of the arms control after the 2012 election. by the time president trump was in the oval office and arguing for pragmatism or

consider the example of john bolton nobody was more republic - - publicly repeated the outspoken that was forced to confront in the obama years before he became trump's national security advisor rightly warning against the siren song of negotiations because you could only always rely on the family to cheat so that national security advisor john bolton he is arranging a second summit and the capitulation of so many figures is probably the most dangerous aspect of the trump phenomenon far more than the

president himself with what he enacted. y-letter? because those style of politics he represents is a personal phenomenon as soon as he has left the stage against the barbarians at the gate have chosen to lower the drawbridge so the liberal order under siege that is in defense of perpetuation. so what happened in the 19 twenties and to give yourself to nationalism with the

intellectual organization to see the value of knowledge and value of action that the world has ever seen. and with that reputation was short term policy gains. ten or 50 years from now with the corporate tax rate stood at 35 or 20 percent and then

to decide to vilify the past with criminals and jobs and another words when prop 187 at the california state to render. second from the european nationalist right it is fascist and its tendencies. and to attack immigrants and to turn george soros into an object or a well style two minutes of hate and to pioneer a form of politics many conservatives i know miss him

as a useful crown but with 2.0 and three.oh that is smarter and more a mac of alien that is in much more serious trouble. finally to abandon defense of liberty against the enemies so who makes the case for free speech as well as an increasingly vocal corner who will stand up for the free market? and with those protectionist on the right or those on the left with a liberal principles

and then to make the case this is surely not an accident it is something of a misnomer and for the record with some leaders of the time i supported but kevin's nomination i admire the standard administration is taking against the dictatorship in venezuela and with the thriving economy and with business regulation.

with not even get in the way of politics. that then i try to take a longer review. and the difference between liberals and conservatives that conservatives believe the culture and then still being fashioned to disregard the truth with the assault on the institution the desperation of the opposition party and for the cause of a morally sound conservativism.

and as a risk of self-importance and of that conservative pause. why they cannot lose their way and coming to the new old right under the tradition of lincoln and hayek with self-improvement and political and economic liberty with the preservation of a free society and that temperament refusing to be swept along with the current and that to stand before history stop. can that be done?

right now another trump conservative was also institutional in the form of a major newspaper it might recover if in a spectacular way like an economic crisis or impeachment but it's not right or smart to bet on such things. and that trump is still likely to be reelected as president and bob mueller comes up empty in his investigation the economy remains strong that is to take a road for political recovery which is why i have joined the likes of meacham and kasparov to start a new democracy initiative which i hope you will consider endorsing or supporting with

the subject panel discussion. in the meantime to reassert the principles of 1776 and 1989 and tiananmen square. those principles with the pursuit of happiness with independent thinking and then in that mechanical power why even now we live in a free and prosperous world. students of american history at the close of the constitution convention in philadelphia to a woman who asked him well doctor, what

have we got? a republic or monarchy? which franklin replied, a republic if you can keep it. the path of the true conservatives can keep it. thank you very much. [applause] >> and now i have time to take questions i have a ?-question-mark at the end of every question to repeat that for the camera. >> what is the biggest difference working at the wall street journal in the new york times? >> so what is the difference

between working between the two? it is like the difference between the grateful dead. and in the following sense if you are into it you are really into it with tie-dyed t-shirts without wandering them from 1974 and with jerry garcia but if you're not into the grateful dead but at the time everyone participates. and i get to be ringo but it's a very strange experience.

i noticed when we got a hot dog in grand central station and this is kind of odd that's a personal difference they are magnificent journalistic institutions. but at the journal i thought they were equivalent only then did i realize the extraordinary global reach of the newspaper. nothing in the world matches it. [applause] >> the neoconservatives or however you put it.

[inaudible conversations] >> so who do i as middle-of-the-road conservative who do i throw my weight behind for the election tomorrow with the democratic candidates that have stepped forward? it reminds me of an exchange in a film play it again sam where an interesting looking woman in a museum and says what are you doing saturday night? she says committing suicide. he says how about friday night? [laughter]

so all i can say if the choice ends up being someone on the hard left and president trump that is an excellent reason what im hoping for is in two way ways, number one that trenton is genuinely vulnerable and i wrote about this a couple weeks ago someone to challenge him within the republican party even if that never gets anywhere it is to say not every conservative is on board with a party at an office larry hogan from maryland or

john k sick or jeff flake or god knows who somebody has to stand up to say we are not being represented by a style of politics which is opportunistic and unprincipled and is absent in the white house. and a big uproar. so then run a centrist candidate. if it is all come all a harris in elizabeth warren and that

those that feel utterly disenchanted with the option on the ballot will lean toward a candidate like him. democrats have to remember there also the party of harry truman, jack kennedy and scoop jackson and in important respects to be understood it's important to be at the vital center rather than to spin off into socialist delirium and socialism works so i would only urge everyone among you republican or democrat to look toward the center and not the fringe of your party.

>> the other question will trump exercise a nuclear option to declare a national emergency? it's not a metaphorical expression you mean a national emergency with the wall? the problem with your question is the value of which you could soon discover. when it's forgotten what i have to say. there are large forces because if you can declare a national emergency over the border then president harris or warren or whoever or something of the

sort we will end up with far too much executive power for ideological reasons to deviate from normal politics. i took a tour of the border between lebanon and israel misses after the dmz in korea the most militarily sensitive so i drove several miles right along the border to be separating cattle somewhere in california even though they

were as far from me as the two of us it was technology so the idea we do not need a 12th century solution for a 21st century problem. [applause] and more than that i believe we should have borders but every single morning we should wake up here in california and count our blessings. i will tell you why if you don't agree with me if you are israel south korea kim jong-il and is your neighbor and lithuania putin is your neighbor.

90million are hundred million people only to participate in the american dream all ancestors wanted to art on - - participate as well. and then to have a more regular system to keep criminal gangs out remember the blessing were some are more dangerous than canada. [laughter] >> i understand your views.

>> that my views on kavanaugh and what it came to with roe v wade. i am pro-choice for the record. [applause] so let me make two points. i think there were justifiable philosophical reasons if you were a democratic senator to have the nomination on how they would vote given the subjects that would come before the court. what i absolutely rejected based on hearsay evidence it would have to the future nominee of a democratic president stretching 30 years

back and if you are a liberal and you have the presumption of innocence which is particularly important if you have a gut feeling it's guilty that's how they end up in jail for crimes they did not commit. so to address your particular point i'm old enough to remember when justice kennedy was put on the court that if kennedy is nominated will overturn roe v wade but yet the decisive vote that cemented the right of choice was given by justice kennedy. also with justice souter or chief justice roberts. that he was crazy right wing

extremist now he is pragmatic conservative maintaining the balance of the court. it is hugely important to have bipartisan legitimacy that qualifies candidates from democratic or republican presidents to be allowed to sit on the court. so unless you have an issue that they should have for little representation on the court or i supported kagan's nomination so to mayor long - - justice sotomayor or anne ginsberg and all of them that are extremely well call one - - qualified nominees who deserve to have their seat.

>> alluding to the fact of anti-semitism conspiracy, or whatever with those real-world presenters also from anti- israel. >> i made the point the assault on globalism international banks is a recipe for new anti-semitism but your point is anti- israel radical ideas on campus leads to the same result and i agree with you 100 percen

100 percent. that we jews cannot afford whether the enemies are on our right or left. anti- zion is the modern state of anti-semitism. if you scratch them long enough very quickly will discover and anti- semite. i can understand the argument against israel if you don't believe in the concept of the nationstate and then argue against britain or any nationstate. that's a different organization but the one state that should be wiped off the map that has no legitimacy happens to be the jewish state.

then you have to make a pretty convincing argument. and this is a problem that we have at the center of politics you should not be comfortable with either side because we are upset that is praise the open anti- somatic but the poverty is undermined by the international banks they just happen to have a name like soros and blank so people often say and that so mushy.

and maybe that was true at some point. but right now the most courageous people that i know from the left or the rights to the center but when they are attacking you on social media and getting it from both ends it is the right thing to do we came of age in america that was able to find his balance. and that is why we have prospered the way we have and have not gone the way of venezuela or argentina or other failed democracies.

you are the center you need to express that you can stand for a set of principles that are conservative and intelligently progressive to do so with some conviction that you can find a candidate that would one day be a president. thank you very much. [applause]