mr. genachowski, you want to comment on this particular matter? >> the relationship between what happens in the privacy arena and achieving economic job-creating potential of the internet really are related. being very thoughtful about that is important. i mentioned the relationship between trust of the internet and increase in broadband adoption in a world where almost all job postings are on line. you are raising an important set of sensitivities that need to be carefully considered in this area. >> thank you. an honest point i want to reiterate in terms of the extensive deliberations put into this as we move forward. the first in a series of privacy hearings we will be holding this year and i look forward to continued discussions and how to balance these needs everyone has brought up. is clear to me that personal data is the gold rush of our times. i would like to thank commissioner ramirez peters the referred to a statement by fellow commissioner rush with separate views on internet privacy and shares of minority staff and with unanimous conse

mr. genachowski to protect consumers and promoting economic growth. for the past two years ntia has been hard at work to conduct a broad assessment of how well our current framework is serving participants in the internet economy. we have focused on two key principles. you heard them from the other witnesses this morning. the first is the idea of trust. is imperative for sustainability and continued growth and innovation of the internet that we preserve the trust of all actors on the internet and nowhere is this clearer that in the context of consumer privacy. our second key principle is we want to encourage multistate colder processes to address these key policy issues. we want all stakeholders to deal with these issues in a way that allows flexibility, speed and the efficiency. we want to avoid delay and lack of quick response often associated with more traditional regulatory processes. the department issued a green paper on consumer data privacy which issued ten policy recommendations and asked for public input on a series of additional questions.

mr. chairman ms. christensen was asking a question about chairman genachowski's efforts to eliminate the outdated andsary regulations and he had sent a letter to the subcommittee to you and to me outlining the efforts which noted that they eliminated 50 outdated regulations and identified 25 sets of data collection that are no longer necessary. mr. chairman i would like to ask ennis consent to that letter into the record. >> with the gentlelady let us take a few moments to review that? what is the date of this? i don't see the date on this. it doesn't seem to be -- [inaudible conversations] i would say at this point there is some concern that this really perhaps some of that there is concern on this committee we talked about earlier the fact that chairman genachowski was invited as chairman to come here. he said he could not come and so it's customary if he doesn't come we do not respectfully take his statement in the opening and put it as part of the record since he didn't show and we are a little concerned this might in fact be part and parcel of his opening statements. >> i would point out it's no