you can tweet,@me, at aei or@aei education wimp -- we have this neat feature, you can submit a question if you would like and i have a device in real-time to keep up with this. go to sly.do, and then just enter the code aei event, just enter your name and a question, and i will get a copy of it, and then sometime during our discussion or the q & a i will try to put those into the bloodstream so everyone can be heard. sorry for the long throat-clearing. i'm almost done talking. so, order of operations. i hush up. dr. zimmerman talks about his book, discussion, request & a and i promise to get you out of here. please join me in welcoming our valued guest, dr. january zimmerman. >> thanks to andy and kelce and the aei for welcoming me to this gorgeous new home. this is how god would have made the whole world if he had in the money. and just beautiful, and thanks to andy for his lovely comments in praise of my book. he may be the first person who is not a blood relative to read my book. i'm not sure about that. the first book i wrote when i was a much younger man, somebody gave me an 800 nu

a total of ten of our colleagues from aei and other think tanks. there is no lack of ideas. the only question now is there a willingness to move forward. the proposals that we have seen in the past promotes several things. typically they've retained subsidies for people purchasing insurance on the individual market but they've changed the way those subsidies are designed. they eliminate the mandate to purchase insurance, but they create new incentives for people to buy coverage. they create high-risk pools intended to stabilize the market, they transfer regulatory authority for the insurance market back to the states. each of these proposals that we have seen in the past would repeal the affordable care act, but put in its place a policy that promotes a more market oriented, consumer driven view of american healthcare. the specifics matter, obviously, and agreement on the philosophy does not guarantee that there will be agreement among republicans on the hill or people in general about the individual provisions that would make up a replace bill. ou

sli.do, and the event, aei event is the code. i want to welcome our viewers on c-span. thank you for joining us. well, i have been looking forward to this event because this is something we have done at aei a bunch of times and a relationship we cherish. the republican study committee has been a force of intellectual ideas, a moral force in the u.s. house of representatives for a long time. and certainly since i have been in washington, d.c., it's done incredibly impressive work. they have 170 members. it's the majority of the majority in the house, and it impacts major policy. it has in the last few congresses and it really promises to do even more in the coming years given the political whirlwinds we have seen in washington, d.c. they have had a productive and very special relationship. this is the third time we have hosted this conversation between the outgoing and incoming chairman. let me introduce the outgoing and incoming chairman briefly before we turn to the meat of the event. the current chairman is representative bill flores, who represents the 17th district

guest: i was smiling when you talked about aei, and by the way, i appreciate the civility with which you made your point, and i will say go to the aei website and you will find people talking about how to deal with problems of poverty that i think you will find very surprising. that in many ways, my colleagues at aei, who don't agree with me about the basic income -- and one nice thing about aei, we can disagree if we don't have a party line -- they have much more ambitious plans in terms of trying to deal with the poverty problem than i have. so i was smiling because if there is any place in the country that is i think a rich source of ambitious new ideas to deal with poverty, it is the american enterprise institute for whom some of the large donors are indeed hedge fund people and hedge fund people who care deeply about the problems we're facing. host: charles murray, our guest, author of "in our hands," a scholar at american enterprise institute. among his works, "losing ground," and co-authored "the bell curve," in 1994. "the bell curve," what did it deal with, for those who don'

. >> congrats to aei on the new digs. during the campaign there was little to no discussion about the country's prodigious -- fiscalroblem, problem, including entitlement reforms. what are you doing to drive solutions in that area? >> the 1967, 1968, you look at the budgetary process. you have mandatory and discretionary. the late 1960's we had about 26% or 27% mandatory and 73% or 74% -- 74% discretionary spending. what is discretionary? it is what the government should be focused on. infrastructure, education arenas, military defense et cetera. and what is mandatory? it is is two things, entitlements and interest is on the national debt. since that time it is inverted. by 2023-24 it will have grown to 80% mandatory and 20% discretionary. why is that a problem? it is not only a fiscal one but a national security issue at some point. we have seen the cutbacks trying to take from the military defense and trying to put in other places. we will have to do hard decision making when it comes to the entitlement side. i have see

i agree with the fellow aei. it depends on foreign investment and u.s. investment.persuade them to stay here. how about rolling back some regulations. reducing taxes. there are other ways to introduce -- to incentivize companies to stay here. this just invice politics to enter into the determine nance of investment location decisions. better to have economic determinants than thinking who do you know -- it's very bad idea. >> com, i assistant it's great, just great for 1,000 workers in neend who have going to have a very merry christmas and symbolically a message for trump to to say i have got your back. doesn't the market work best when companies make decisions about what's in their own best interest, not in some politician's idea of their best interest? >> well, i think it does. but i think it's a winner from a macroand microstandpoint. from the macrostandpoint businesses are always betting on the come. they are betting on the future that this administration is, in fact, going to increase maybe a more pro-business policy such as less regulation, getting rid of dod

aey have not spoken with unified voice, so that is the biggest question.he second big question, what about trade? they complained about the trade deficit, but some of these fiscal policies would make it larger, and that seems to be contradictory. kate: do you think the federal reserve has taken the right course of action in recent years , first with how it dealt with the financial crisis and now as it emerges from it? >> pretty much. if anything, they could have done more, sooner. they were little cautious in terms of using these new policies, the quantitative easing policy, they eventually came around. they got to the right place to her three years later than what would have been ideal, they are there now and happy with where the economy is. when they used to say america sneezed, the rest of the world caught a cold. do you think u.s. monetary policy matters to the rest of the world still? why would these decisions from the american central-bank really make a difference? in twooes matter, but different ways. on one hand, this is a good sign for the rest of

brooks: we recommend price rationing here at aei. >> i guess what i am trying to say is that the size of rsc is not the important issue here. i think mark hit it on the head. if we develop the right policies, the right strategies, then we'll have the right people as members get the right thing done. mr. brooks: terrific. now, rsc has traditionally been traditionally been known as the conservative thinking coalition on the republican side of the house. but not very many americans -- a lot of people in this room are pretty sophisticated in this house -- factions that exist in the house, factions not in a bad way but the fact there are different brands of the republican party on the house side. do the scorecard for the viewers at home at this point. they hear about the republican study committee, republicans who are in leadership, and then the freedom caucus, just with of talk us through the different brands of republicanism these days on the house side. you want to start, mark? mr. walker: what we are focused on is effective conservativism. rsc. there's no reason we can't attract leader

brooks: price rationing here at aei. representative flores: what i'm trying so say is the size is not the important issue. i think mark hit it on the head. if we develop the right policies, the right strategies, then we'll have the right people as members to get the right thing done. mr. brooks: terrific. r.s.c. has traditionally been known as the conservative thinking coalition on the republican side of the house. but to the very many americans, a lot of people in this room are fairly sfiss kate in the factions that exist in the house. not factions in a bad way but different brands of the republican party on the house side. do the score card for the viewers at home. at this point they hear about the republican study committee, republicans and the republicans who are in leadership. and then the freedom caucases. and just sort of talk us through the different brands of republicanism these days on the house side. you want to start with that, mark? representative walker: i'd love to. what we're focused on is effective conse

ways, my colleagues at aei, who don't agree about income and one nice thing about aei, we can disagreeon't have a party line. much more ambitious plans in terms of trying to deal poverty problem than i have. so i was smiling because if place in the a rich that is i think source of ambitious new ideas to eal with poverty, it is american enterprise institute for whom some of the large indeed hedge fund people and hedge fund people who care deeply about the problems facing. host: charles murray, our guest, author of "in our hands," scholar at american enterprise institute. "losing ground," and co-authored 1994.bell curve," in "the bell curve," what did it who don't for those know? guest: it caused a fire storm. intelligence, h right? reshaping e of iq in social structure of the united states. structure was we had going on, you had cognitive elite out of touch country, est of the and i guess, pedro, look at what since the 22 years book was written and as predictions go, that wasn't bad. host: such as? an example. it dealt with race, what did it say about race? finish, ust let the subtitle,

from aei needs no introduction. resident fellow at aei. his panel will come up. panelists please come to the stage. michael will take it away. thank you so much. >> okay. well thank you very much. good morning. we just heard from speaker ryan. our subject for this panel is something called "reform conservatism. ", what now?" i suppose the title suggests there is something wrong with whatever the other type of conservatism is. we've seen that label afixed to a number of sets of ideas over the last eight to ten years. one way i suppose to characterize the debate between or the tension between reform conservatism and whatever the other side of it is, is the idea reform, the other kind of conservatism looks to tax cuts and says, hey, a rising tide lifts all boats. this will stimulate economic growth, things are going on. reform conservatism as i understand are saying we should try to incentivize certain kinds of behavior and disincentivize other kinds of behavior. behavior is the intent to get people out of poverty or keep them in poverty or keep them being less prod

for these gentlemen up where we can expect from the rnc and they speak on behalf of my colleagues on aei. we are honored to work with you. great to share resources on ideas. they really go beyond partisanship to the principle of who we are and create a better country and a better world. please join me in thanking our two guests mark walker and bill flores from the rnc. [applause] [inaudible conversations] >> host: jars and university law professor subthree. guess who is trying its darndest but like a lot of this it's hard to keep up with technology, and so you know we have different areas of the law, constitutional law statutory law but at the end of the day the ships, the changes, the different ways we communicate, the same things that befuddle your average american has begun to also confuse lawyers and the legal system and the judges and kind of disruptive in newfound ways. >> host: is it because technology is changing so quickly or because the law is not changing? >> guest: it's a little vote. law is an ancient tradition. if an agent set of disciplines but at the same time law has als

we will take you back live to that aei event looking at the future of healthcare policy and cost. >> say who you are and please make your statement in the form of a question. >> good morning. i'm an independent healthcare consultant and i work on both policy and new product technology that answers the question that i think is important which is how to improve the outcomes so you drive down the cost of care. frankly, the best time i've seen in a long time which is a good news that a number of the programs that charge penalties and incentives are changing the direction of healthcare at the local level. they hold great promise. the accountable care organizations ultimately will be a great model to drive down costs. i hope we don't lose, in the shuffle of the national policy which is a macro thing, and will take more time, that many, that many of these programs that are ongoing now such as under the macro program are incentivized and frankly will use the accountable care model to drive compliance on some of our medicare patients who are at the highest risk. the question is how don't we l

brooks: price rationing here at aei. representative flores: what i'm trying so say is the size is not the important issue. i think mark hit it on the head. if we develop the right policies, the right strategies, then we'll have the right people as members to get the right thing done. mr. brooks: terrific. r.s.c. has traditionally been known as the conservative thinking coalition on the republican side of the house. but to the very many americans, a lot of people in this room are fairly sfiss kate in the factions that exist in the house. not factions in a bad way but different brands of the republican party on the house side. do the score card for the viewers at home. at this point they hear about the republican study committee, republicans and the republicans who are in leadership. and then the freedom caucases. and just sort of talk us through the different brands of republicanism these days on the house side. you want to start with that, mark? representative walker: i'd love to. what we're focused on is effective conse

aey moved their and it was million in situation. his father said that you can have a place.e will serve underneath your younger brother. when he arrived without fully understanding if you was the only west point graduate and the arrived in the spring of 1860. >> who did he go to west point onh that thought -- fought the confederate side? thought on thel confederate side. the most famous was james lob street. -- long street. he was his dear friend. when grant arrived, his name was ulysses.an >> he said unless you are u.s. grant, you will be the wrong one. he was known as sam grant at west point. >> what happened during the civil war when he had these who were on the other side? he respected them. longstreet told generally that he did not think he knew who he was going to be up against when he bought ulysses s. grant. this was a very difficult time. these men all both on the same mexico. is an excerpt from the bunch that we have found in our archive. we have had a series of fires greece in the last 30 or 40 years. >> there is no victory for the law of the union. >> i do conten

exacted aey really terrible toll during that period. host: your comments and questions on ian toll also welcomed on twitter. this is one from captain mark douglaso asked about macarthur. how is it that macarthur was so unprepared for the attack on the philippines the day after pearl harbor? it was actually the same day as pearl harbor, just nine hours later that the first japanese air attacks on the philippines. islandn airbase on the of parkfield was bombed -- clark field was bombed. and a dozen of the 17 bombers were destroyed on the ground. again, this was nine hours after the attack on pearl harbor. macarthur's crew had ample warning that they were on the ground. this extraordinary attack was permitted to occur. why did that happen? the questions are still being asked and have not been answered. i think it is likely that what happened was macarthur and his chief of staff, general sutherland, were hoping that if they did not make any sort of hostile move for the japanese, that the philippines might be spared. think that that is the m

applause] [inaudible conversation] [inaudible conversation] [inaudible conversation] >> that wraps up this aei event looking at healthcare. if you missed any of it you can watch it online shortly@cspan.org. join us in about 35 minutes about 35 minutes for a look at security in latin america. the potomac institute for policy studies is the venue. we will have that live for you at noon eastern, right here on c-span2. later, remarks from former cia chief david petraeus. the retired general will talk about the current global challenges in strategic leadership from george washington university. that is live at six eastern. also on c-span2. the united nations has scheduled a year and news conference today. secretary general will brief reporters and you can watch that live shortly at 1130 eastern on our companion network c-span. president obama is holding a year and news conference before going on vacation with his family for the holidays. watch that live at 215 eastern on c-span. we will get your reaction immediately following that briefing. >> a live look at the lobby of trump tower in new york. bu

right before they came back where that he aey asked to see confession video again. >> reporter: that'st, dylann roof said i think i killed four or five and that speaks to a strategy by dylann roof's defense where they tried to argue that he had a problem with perception. but, as you already said and after a two-hour deliberation period, the jury has come back with a verdict. it is unanimous decision, he's been found guilty of 18 of the 33 counts related to the shooting at mother emanuel church on june 17th, 2015. we are waiting to hear about the rest of the counts. i am going to give you that as it starts to come in right now. counts one through nine, hate crimes associated with resulting in death because of a person's skin color or race. count 10 through 12. hate crimes involving in an attempt to kill because of a person's skin color and race. the rest of the counts associated of the obstruction of religious exercise as well as the use of a dangerous weapon. he's been found guilty on 20 of the 33 counts at this point. we are waiting to know for sure on the 33 counts of this point, chr

. >> good morning and thank you, jim, i think you to aei for hosting this debate, not a debate, a discussion i should say. it's say. it's wonderful, great to be indisputable building. it's a little chilly outside but i can tell you the climate system here is certainly modern and ready to go. it's not chilled in him at all. it's always good to appear alongside such knowledgeable and distinguished panelists and i will do what i've tried to do in my life and associate myself with people smarter than myself so that you all will think that i know what i'm talking about. as jim said we'll talk about the how of healthcare reform and how we can expected to play out. in this instance as we've all been reading in the newspapers over the past couple of weeks the how is just as important i think as what, is what can happen. i'm just going to emphasize very briefly three points i think to help frame how you think about the how of a health care reform. the first one, which i think is more apparent now than it has been in the past, is if the republican party is not as unified on repeal as it has does appea

aey may believe they have better chance with the changing administration to prevail in that fight. bank of america was successful. we will see how that plays out. deutsche bank and credit suisse settled the capital hit they are taking as a result. it seems to be manageable. we have news that capital requirements from the ecb have been cut to 9.5% from what it was this year and that is a trend happening across all the banks in europe except the ecb is lowering how much capital they need. doj: why did the geode -- come to these banks with this number? barclaysher than what really wanted. why can the doj do that when banks in the u.s. had more bad loans and didn't get hit? there are reports that in all of these negotiations there were offers and counter offers. these settlements are not a science. they are more of an art. both sides come and negotiate. of the jpmorgan settlement there was speculation that the original offer made by the doj was much higher than what jpmorgan originally paid. david: this is what i found interesting. -- what is this based on? they said that the number we

i speak on behalf of all my colleagues at aei, we are honored to be working with you. great to share resources on ideas that really go beyond partisanship, they really go to the principle of the we are and how we are kind to create a better country and a better world. please join me in thanking our two guests, bill florez and mark walker from the rsc. [applause] [inaudible conversations] >> the hill this point with this story, federal judges ordered michigan election officials to conduct a recount of ballots cast in the presidential election beginning this morning, actually today at noon eastern and that's agreeing to multiple reports that u.s. district judge issued the order early this morning. that ruling comes after green party president nominate jill stein file for a recount in the state which president-elect donald trump won by a razor thin margin in his ruling the judge said a state law that requires two business day waiting period to begin a recount is likely in violation of what he writes, the "detroit free press." that article from the hill today. coming up in

atis defending those ideals aei as cochair of the american international's project. long legacy ofa service. author of several books, including the impossible state. he now serves simultaneously as the director of asian studies at georgetown university, the korean chair at the center for strategic and international studies, and the human freedom fellow at the bush institute, which sounds exhausting just saying those. [laughter] an ambassador robert gallucci is perhaps the most respected diplomat in this area, going back to his work as chief u.s. negotiator during the north korean nuclear crisis of 1994. of thehe former dean school of our service at georgetown. now he is a professor at georgetown and a consultant to the bush institute on this project. welcome, all of you. let me start with the authors of the paper released today. victor, you are making the claim in this paper that "freedom and security are indivisible." why is that true? victor: thank you, michael. first, i think president bush actually put it best. our thinking going into this is that, as a security

aey placed a wreath at military cemetery and then he and president obama held a meeting at the headquarters pacific command. they show cans but made no remarks. president-elect donald trump has to theed the assistant president for homeland security and counterterrorism. he was a former deputy homeland security visor for president george w. bush. his responsibilities will include advising president trump on cyber security matters. a mated guys will be his special representative for international negotiations. his attorney jason greenblatt has been named for the role. for two decades he has worked for the trunk organization. he serves as the executive vice president and chief legal officer. actress carrie fisher, who found enduring fame as princess leia in the original star wars movies, has died. sinced been hospitalized friday when she suffered medical emergencies on board a flight to los angeles. she made her feature film debut opposite or and 80 and the 1975 hit shampoo. carrie fisher was 60 years old. global news 24 hours a day, powered by more than 2600 journalists and analysts in more t

[laughter] i was recently listening to an interview with aei scholar nicholas staff that the book hadabout the volume of people participating in the workforce, particularly men working age who are not even looking for jobs out of the labor force. i'm wondering if this development that you argue is significant, whether that would in any way limit the effectiveness of a new policy of going to another round of these tax cuts. or would it go the other way. as he argues in his piece, there are probably two key issues here. one is a lack of economic growth . we create jobs, it will grow. you want to lower budget deficits, grow. want to help solve poverty, grow. there are other issues that nick raised, federal policy regarding more entitlement, other regulations and a disincentive to work and that's too bad because we want to get everybody's able bodies to work and i saw the same argument today, brand art with the federal reserve made a similar argument how well the participation rate is in the backbone of the economy which is the 25 to 54 , that's gone down. do you know why? it's not growin

getting through.g th skyfox headed to check that heao ou ct so we'll bri y look as soon as they geton aey g there. let's show you someouom slow traffic cameras. camer this is 66. you don't even have anye any crashes on the eastbound side but as you pass sudley roadud you're at a crawl back to 234 t3 prince william parkway.ay i would say you need to leave la house about 30 minutes earlyar already just to get from gainsville to the beltway because of the amount of congestion. as we forward ourus ce amer as coming in from 395 towards theat district the 14th streeth stre bridge jam packed.acke those delays extends back herk to the pentagon and just ahe pen little stogop-and-go traffic trf beltway. you're in for about a 20 minutere i delay from the beltwo to the 14th street brim dge. gw parkway inbound alsoarkw starting to see some volumee vol building by 123. allison and steve.. >> overnight in the districthe r the pursuit of affordabledable housing kept some people out pet in the cold last night. >> a melanie alnwick, what's the story. >> reporter: good morning, guys.or yeah, association you

of condemnation. >> the periphery not of society but of our conference room. >> congratulations to aeion the new pics. very impressive. whether or probably during the campaign there was little to no discussion about the country's prodigious fiscal problem including entitlement reform so what is there is he planning to do to drive some much-needed solutions in that area? >> do you want to go first? >> 1967, 68 you look at two budgetary processes. you have the maturity of discretionary payment late 1960s we had 26 or 27% anatori and 73 or 40% discretionary spending. what is discretionary? is what the government should be focused on infrastructure different education arenas military defense etc. and what is mandatory? is basically two things interest on the national debt and since that time it's amber did. by 2023/24 it would have grown to 80% mandatory and 20% discretionary. it's not only a fiscal problem by the national security issue at some point. sina cutbacks already trying to take the military and put them in different places. we have to do some hard decision-making when it comes t

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aey are said to be closed deal for pioneer valued at $3.5 billion.e biggest acquisitions and propel it into the top rank of money and injures $1.4 trillion in assets. betty: one of -- shery: one of scandinavia's biggest asset managers is adjusting its portfolio to reflect a lack of confidence in the euro but growing faith in the u.s.. they plan to adjust its investments so that it is no longer on the way to the u.s.. that reallocation primarily affects fixed income and real assets and equities to a lesser degree. >> disney's "moona" led the box office again. the animated tale generated just over $20 million in its second week, beating estimates by $7 million. theaters and fans await the new "star wars" picture on december 16. universal's over film was the only new release to break into the top 10. after months of anticipation, the exchange link between hong kong and the shenzhen is set to open. let's go to stephen engle who is at the hong kong stock exchange. after months and months, the day has finally arrived. >> that's right. we are sardine and in

i believe, is speaking in public about this, and so we're very honored that you chose to join us at aei. thank you. >> well, thanks for having me. >> the details of enhanced interrogation have been widely discussed and debated, and i'm sure we can get into some of those questions. but i'd like to focus primarily on what you've learned from these terrorists in talking to them. just so people understand that the conversations you're describing weren't happening while he was strapped to a waterboard. >> oh, no. >> do can you explain the difference between enhanced interrogation, debriefing and what you do in business. walk us through that. >> okay. these enhanced interrogations that i was part of really only dealt with about 14 of the top folks. i didn't have anything to do with the mid-level of low-level folks at all. and most of these interrogations took place over a period of time of about two weeks ksm's took about three week weeks. and then after that, there was no enhanced interrogation for ksm. none at all. so our goal in doing enhanced interdivisions was to get -- interrogations wa

he is defending those ideals at aei as cochair of the american international's project.ictor cha has a long legacy of service. he was asian director at the nsc. he is the author of several books, including the impossible state. he now serves simultaneously as the director of asian studies at georgetown university, the korean chair at the center for strategic and international studies, and the human freedom fellow at the bush institute, which sounds exhausting just saying those. [laughter] michael: and ambassador robert gallucci is perhaps the most experienced and respected diplomat in this area, going back to his work as chief u.s. negotiator during the north korean nuclear crisis of 1994. he is the former dean of the school of foreign service at georgetown. now he is a professor at georgetown and a consultant to the bush institute on this project. welcome to all of you. let me start with the authors of the paper released today. victor, you are making the claim in this paper that "freedom and security are indivisible." why is that true? victor: thank you, michael. first,

the way that you do that is on your becauser to go to slido and enter the code event, the event code aeievent. soi.do and the event aie is the event code and i want to welcome viewers on c-span. thank you for joining us. it's a relationship that we truly cherish. the republican study committee has been a force of intellectual ideas, has been a moral force in the u.s. house of representatives for a long time and certainly since i've been in washington, d.c. the rnc has 170 members. it's the majority of the majority of the laws. it promises to do more in the coming years given the political whirlwinds in washington, d.c. productive and very special relationship. this is the third time that we've hosted the conversation between the outgoing and incoming chairman. wet me introduce the outgoing chairman before we turn to the event. the current rnc chairman is bill flores, represents 17th district of texas. he's on my far left here. if not ideologically at least geographically. >> geographically. >> was elected in 2010, epic year of 2010, changes in party politics around the country and was el

i'm joe and toes, i'm the healthcare policy at aei and i'm delighted to be inside.contrary to what some have claimed over the last year or two, there's no shortage of proposals to replace the affordable care act. from republicans of all stripes, members of congress including speaker paul ryan to produce something called a better way which you are basically familiar with . doctor tom christman and powering patients first act and other proposals that are going over at least the last six years or so from members of the senate and members of the house. think tanks havealso gotten into the act . including aei's project that we produced in collaboration with a total of 10 of our colleagues from aie and other think tanks so they there is no lack of ideas and the only question now is that republicans are in charge is there a willingness to actually reform? the proposals that we've seen in the past promote several common themes. particularly they've retained subsidies from people insurance and insurance on the individual market but they changed the way those subsidies are de

if you want to learn more from joseph antos go to aei's eb aei.org, announcer: tonight on c-span, a look back at some of the public figures who died this year, including the former israeli prime minister, shimon peres. here is a look back at some of bill clinton's remarks at his funeral. president clinton: his critics often claimed he was a naive, overly optimistic dreamer. they were only wrong about the naive part. he knew exactly what he was doing and being overly optimistic. -- in being overly optimistic. he knew exactly what he was doing with his streams. dreams. he never gave up on anybody. i mean anybody. he wrote to the prime minister to talk about their beautiful friendship. it followed a very brutal campaign. but shimon always get the door open. announcer: more from the funeral of shimon peres tonight at 8:00 on c-span. we will also look at the lives of john glenn, mohamed ali, lav so, janet reno, and -- ellie we ie wiesel, janet reno and fidel castro. >> while people were starving, he was having the fancy parties in the white house. here was this rich man in washington sneering

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aey still have about jonathan: fifth. that is matt miller out of berlin.sive that these companies bounceback. time for a stories with emma chandra with bloomberg business flash. >> blackstone group is closing its two-year-old hedge fund. it had lost 24% last year. the $1.8 billion fund that allocated 11 portfolio managers brought 6% last month alone. 2014, it has its first in-house multi-manager fund. spain's economy probably maintains the current quarter internal by brazilian demands and intense job creation according to the country's which the gdp shows an increase in output of 7/10 of a percent in the fourth quarter. that is unchanged from the prior three-month period. the largest bank will oversight afterir practices inappropriate conduct in their currency trading divisions. commonwealth bank of australia and natural australian bank will pay $1.8 million to the financial literacy fund. they will make changes to foreign exchange systems. that is your bloomberg business flash. i am emma chandra. david: coming up, volatility is down as the year comes to a

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, netflix and others, changing the way consumers access content is legitimate to ask whether as one aei scholar recently said, quote, what looks straightforwardly anti-competitive in the old industrial merger models might not be so simple in the merger of modern media platforms, end of quote. certainly, the at&t/time warner deal warrants close and careful scrutiny because it raises all these complex issues and concerns. we want to ensure that the proposed emergencier doesn't allow an unfair advantage over competitors or facilitate anti-competitive practices with anti-competitive effects. yet, we also need to be thoughtful, forward-looking analysis of the market that takes into account the complexities of modern interconnected media content and telecom platforms and relationships. ultimately, we want to ensure that competition thrives in this critical market, and we don't stifle innovation or deter emergence of cutting edge technologies at consumers' demand. ultimately, we want to ensure that our policies don't lead to higher costs, fewer choices and worse services for consumers. i look

if you want to learn more from joseph antos go to aei's eb aei.org, policy scholar there.ou for the conversation. guest: thank you. host: we'll continue talking of youealthcare with all up, what you have learn third degree morning from joe santos, and claire mcandrew. how would you change the healthcare system? fu are insured, 202-748-8000. uninsured, 202-748-8001. in just a our calls minute. >> sunday in depth will feature presidency of barack obama. calls, tweetshone e-mails during the program. april ryan white house correspondence, author of the block and white," an upclose view of the president and race in america. princeton author of "democracy n black, how enslaves the american soul," and journalist, inas, author of story," watch the on sunday on book t.v. on c-span2. >> the presidential nomination of donald trump is friday, january 20, c-span will have of all the days events and ceremonies. on c-span and c-span.org, and listen live on c-span radio app. >> c-span, history unfolds daily. c-span was created as a public service by america's and television companies is b

netflix, and others, changing the way consumers access content, is legitimate to ask whether, as one aei scholar recently said, quote, what looks straightforwardly anticompetitive in the old industrial merger models might not be so simple in the merger of modern media platforms, end quote. certainly the at&t-time warner deal warrants close and careful astronaut -- scrutiny because it raises concerns. we want to assure the propose elmer jerry does not allow unfair competition and yet we also need to be thoughtful, forward-looking analysis of the market that takes into account the complexities of modern interconnected media content and telecom platforms and relationships. ultimately we want to ensure that competition thrives in this critical market and we don't stifle innovation or deter emergence of cutting-edge technologies that consumers demand. ultimately, we want to ensure that our policies don't lead to higher cost, fewer choices, and worse services for consumers. i look forward to our discussion today. thank you. >> thank you. senator leahy. >> i'm glad that senator lee and senator

so including the project or in collaboration of the colleagues from aei and others and there is no lack of ideas. deal may question is now is the only republican in charge is a willingness to move forward? the proposals we have seen in the past typically have retained subsidies. but they changed the way they are designed. to purchase insurance to buy coverage and create a high risk pool and a transfer the rail authority from the insurance market back to the states. each of these proposals of course, revealed the affordable care act but to put in its place a policy that promotes more market oriented consumer driven few of health care. but specifics matter. the agreement on the philosophy that there will be an agreement to republicans on the go or in general of those provisions. the first panel will focus the of what is the bill's student -- insurer with affordable coverage and not necessarily a guarantee that everybody will have coverage but they have to have the opportunity to get coverage. i feel that it should be affordable. what is needed job the way to insure that the individuals wi

you can tweet at me or at aei or at aei education and we will try to keep up on all that stuff. we even have this feature, so those people watching at home or from their offices, you can submit a question and i even have a device in real-time to keep up with this. if you go to slide.doe and enter the code aei event, all you have to do is enter your name and the question and i will get a copy of it and sometimes during the discussion i will try to put those into the bloodstream so everyone can be heard. sorry for the long throat clearing, i'm almost done talking. order of operations, i hash up, dr. zimmerman comes up and talks about the book, q&a and then i promise to get you out of here by 1015. please join me in welcoming our valued guests doctor john zimmerman. [applause] >> thank you andy and kelsey and aei for welcoming me to this gorgeous new home. this is how god would've made the whole world if he had the money [laughter] it's just beautiful. thanks to andy for his lovely comments. he may be actually the first person who is not a blood relative to praise my book. i'm not