written in the us and nato troops will remain up to the end of the mix to ever done is done this is austin austin insurgency page provided by militants or artist is pinning its own military budgets. his defiance has surprised many who attended the liturgy ago that she had been put up the final load on the security deal. walter was said that mean the security of payment has been signed that goal. that's us that actually four but the security and also for the stock. and the peace process. but if it gets postponed it. marcus and maize balkans them dominate the act was the act and desist. this is what we don't want to make. that's why in the game that people in the queue for the princeton to sign the unclean lips before the auction. hard to teach them of the liturgy of the members said that the bac is not science of guns under the state's crisis. moncton borrow you who might have on his own mind on the whole lot of us all about the time to toss in some hours from my problems inside the city can bottle up on this promise some of the responders to polka band. most of the home of the spots open to the s

this is austin austin insurgency page provided by militants or artist is pinning its own military budgets. his defiance has surprised many who attended the liturgy ago that she had proclaimed would have the final load on the security deal. we believe that all was said that the man to secure a second evening has been signed. that goal. that's us that connect four but the security and also for the stock. and the peace process. but if it gets postponed it. more praise than may's marcus them until my high school staff and desist. this is what we don't want to make. that's why they get that people in the queue for the pens to sign the unclean lips. before the auction. hot cd key. one of the liturgy of the members said that the bac is not science of guns under the state's crisis. moral tomorrow you who might have on his own mind about a lot of us all that good and its prospects of ours from my problems was like this you can bundle up when the storm that's the most hopeless of evidence published a book about it. most of the home of the spots open to the seaside the superdome. on the spot market

everyone in austin is on the lookout for nick saban. someone at the austin airport got on the p.a. and said, nick saban, your car is waiting for you. of course, everyone ran around like crazy looking for him. >>> and imagine this, american football in the olympics. talk about a sport where you could just hand the united states the gold medal. this is a possibility because the international olympic committee has recognized football as an international sport. it's still pretty far off from happening, if it is added it would likely be seven on seven format where it's quarterbacks and receivers. >>> mike thissen is current lly

. >> rose: austin, texas. >> austin, texas. but formula 1, worldwide coverage is incredible today and the races are televised so it's doing very good. >> rose: as you know, nascar has put certain restrictions on the speed of its cars. should formula 1 do the same thing? >> no, because formula 1 is technically much more advanced than any kind of racing here. the cars are -- have sensors, they're expensive cars. in america they've tried to make it simple and easier but formula 1 technically it's under the head of the racing over here. >> rose: and everyday and every season they're trying to make the car faster and faster and faster. >> rose: because there are rules and regulation which is restrict them sometimes because when guy in too quick like tires or whatever then the f.i.a., who is in charge of the whole sport says we have to be careful now. and the safety put into circuits are made for from certain speeds so if they suddenly go 50 kilometers quicker it's going to be bad again. so in the moment it's under control. >> rose:

dallas and austin, it's an unlikely place for a modern day armageddon.loc halfway between dallas and austin, it's an unlikely place for a modern day armageddo.locad halfway between dallas and austinit's an unlikely place for a modern day armageddo located halfway between dallas and austin, it's an unlikely place for a modern day armageddon. ha and austin, it's an unlikely place for a modern day armageddon.aus place for a modern day armageddofor a armageddo for a modern day armageddon. >> we have a fire at the compound in carmel. the entire compound is going up right now. >> it was an epic debacle in united states law enforcement history. a deadly shootout followed by a 51-day siege that ended with more than 70 people dead in a raging inferno. all caught on live television with the whole world watching. two questions rise from the ashes of this american tragedy. who shot first and who started the fires? it began innocently enough. in 1935, a small religious group moved to waco. an off-chute of the seven day adventist church, they eventually called themselves the branch davidians. >> a pretty stable leadership for a lot of years, and they were known in town as a somewhat bizarre bu

austin, texas. and since the austin city council ends their meetings with music, toronto did the same. >>> morgan stewartinal muscular atrophy was honorary sheriff for a day in georgia. hundreds turned out to participate and even nba great shaquille o'neal made a special appearance much to morgan's delig delight. >>> the winner of the voice is tessmine chin. >> she was the big winner on nbc's blockbuster "the voice," along with winning the crown for herself and adam levine, she'll receive $100,000 and a record deal. >>> now here is a first look at business. we turn to cnbc. >> good morning. here's our news that we're watching. a super sized talent agency is in the works. reports say william morris has a deal with merge with img for $2.3 billion. img represents celebrities such as justin timber lake and taylor swift. >>> retailers are rolling out the red carpet to help the last minute shoppers. there are extended hours. best buy is using at which timer to promote deals and several stores embraced to day as free shipping wednesday. and investors are waiting the fed's decision this afternoon. the central ba

i'm with golden gate austin bond and a resident. golden gate austin bone is in san francisco that was established in sporting by adversity and managing remaining nature resources. the practice of releasing commercially arbitrations butterflies violates those it unnecessarily harms nature butterflies by interrogating invasive butterflies with disease. it cuffs the nature butterflies making management for identifiable and inhumanely treats butterflies as promotes for deblg ration. i enjoy seeing the butterflies on pier 94 and here in the park so i support in legislation >> (clapping) members of the public seeing none, public comment is closed. like we said sxhois has led this i support her. we've endeavored to try to see where we stand. i'll read this. the thought is we clearly want to read into the record for enforcing the effort to ban the commercially raised help me sxhois butterflies within the city and county a to insure the board support we want to certainly authorizes the department to engage the scientific community and members of the public to

austin row. he said austin rose tavern. more than likely logically, yes. absolutely they've met before. answer is yes. what i wanted to find out is robert thompson, did he meet robert thompson, the tortured soul who is forced into the british enforcers and in many respects. we can't identity as he did. however, his dad was above the page should they went to jail because of that. it would make sense to me at when he would die, you might knock on the door because the houses here. hewitt to visit the promenade area. the towns and houses here. three blocks away. it might be wise to say he might go say hi to samuel thompson at one point he might have said colbert junior. i do know that moment and i've yet to have anybody revealed there was that moment. ironically, teddy roosevelt is diagonally across any love this stuff. so he did not know there's a patriot in his midst like robert thompson. there is an area called the landing, where there's nothing but water and that's the local legend worried that the house here, the planting here could easily have been done. robert is a master keeping thi

been to austin before, and i love austin, and the university of texas is a great school, and i knew i wanted to go to a great school, and a public school, and i'm from california, but -- austinsick similar to a lot of places. and texas provided so much support. >> and boyer made the most of that, losing his military conditioning to run pass and around much younger prospects. his desire, passion and commitment made quite the impression on the head coach. who gave boyer a spot on the team. first on defense, before he settled into his current position, an accomplishment he owed entirely to his time in the military. i definitely learned that despite a lack of intelligence, or athleticism, or lack of anything, that you can't really control -- you can't control how hard you work, and when you have your mind stuck on something, if you just put yourself out there, and religion afraid to fail, then you can really do anything. hit rally, looking at it at that time, as my age being 29 before i came back to college and try to play football, i never thought anybody would do that, not just myself. oh, you are too old, you don't know the sport, don't know how to do that. and i was special

austin, texas. i don't know what that move is. but since the austin city council end their meetings with music, toronto, they did the same. little bit of a jig? what do you think? >>> now for business. we turn to cnbc's seema mody. hi, seema. >> hi, richard. img represents celebs such as justin timberlake. rolling out the red carpet to lure those last-minute holiday shoppers. target, nordstrom has extended hours and free shipping wednesday with guaranteed delivery by christmas. >>> anxiously awaiting the fed's decision this afternoon, central bank may cut back its stimulus programs early next year. richard, back to you. >> seema, thank you so much. >>> just ahead, president obama's message to russia's president putin puts mr. obama's priorities front and center. >>> and the fearless feat of high-flying fancy for you to feast your eyes on when "early today" returns. >>> google is out with its most popular searches of the year that begin with "what is." the top five, what is gluten? what is molly? what is doma? what is ricin? the number one search of th

austin, are you doing okay? because i just assumed he knows that he is in lockdown. he doesn't apply. i go, austin, where are you? then he doesn't reply. where are you? are you okay? still no reply. then i remembered what class he is in. and so i go, i'm texting my friend bernie and i go, bernie, is austin all right? i need to know. please tell me. and he said austin never showed up to class today. and at that point my heart just dropped and i go, oh, my gosh, he could be one of the ones who got shot and i'm so scared. but then, and i'm like freaking out. i tell everyone and i'm on the verge of tears and i don't know what to do. and then i texted my dad. i go, dad, austin is missing, we have no idea where he is. and i almost lost it. and then my dad sent me a text. he goes, austin stayed home. he wasn't feeling good this morning. and i dropped my phone. and i like, i lost it. i was just, i started crying. i could not believe that he stayed home and he was safe. for all he knew he was one of the ones that got shot. >> well, christian, aware so glad you and austin are fine and i'm so sorry about the ordeal that you went through today. thank you so much for talking to us. >> no problem. thank you for having me. >> christian myers. this small area is no stranger to gun violence. arapahoe hi

austin has been good to us. we are thrilled to have austin is our headquarters. we have several thousand people in silicon valley. people around0 the world. austin happens to be our home base. exley, we have this dell world conference where we will have thousands of customers come there. the city has been great to us. we are grateful for the city. could it have happened in another place? could have gotten better in another place? i do not know. austin has been a fantastic place for us. it is now a kind of destination for start ups. we see enormous amounts of that kind of activity going on in our home. >> we're living in a world that is changing at a fast pace. it is changing fundamentally in and technology is right at the heart of that change. i was in china last month and i spoke about how rapidly the center of the economic world is really moving very quickly. look at the global marketplace, what impact does china have? not just as manufacturers? what impact will they have on the i.t. world? >> china is an enormous in market. it is one of the largest in markets for us to sell our products outside of the united states. it is also an enormous sou

," kelly clarkson, and austin mahone. [ cheers and applause ] that's my dude. austin mahone.show for you tonight. she has two new movies hitting theaters. both of these movies have been getting crazy oscar buzz. she's phenomenal in both of these movies. she's just good in everything. amy adams is here! [ cheers and applause ] you know what's fun? we're going to team up with two audience members and play a friendly game of catch phrase later on in the show. plus, he's getting great reviews as well. the title character in the new coen brothers movie, "inside llewyn davis," oscar isaac will be joining us. [ cheers and applause ] that like, broke records or something this weekend. and we've got some great music from jack johnson! [ cheers and applause ] maybe a holiday song. >> steve: really? >> jimmy: maybe. i love the holidays. i do. and you guys, there are exactly five shows left before we go on christmas break, which means it's time for that beloved late-night tradition, "five days of christmas sweaters." [ cheers and applause ] ♪ five days of christmas sweaters four days lef

austin has been fantastic for us. we're thrilled to be in austin at our headquarters and we have several thousand people in silicon valley. dell's global economy. austin happens to be our home and our home base. next week we have this dell world conference. the city's been great to us and i think we've been great for the city. could it have happened in another place or could it have happened better in other place? don't really know. what i do know is that austin's been a fantastic place for us and it's now a kind of destination for startups and we see an enormous amount of activity going on in our home. >> there's a reason on the other hand that people like mark zuckerberg went out to silicon valley because of the easy access to so much talent and that kind of thing. >> it has its downsides, too. >> rose: which are? >> people day trading their careers. >> oh, yeah, i got you. they're looking for the better opportunity at every moment. >> rose. >> exactly. and that in itself causes is its set of problem. >> we're living in a world that's changing a at a very fast pace and technology is at the heart of that change. i was in china last month and i spoke

austin row. he said austin rose tavern. more than likely logically, yes. absolutely they've met before. answer is yes. what i wanted to find out is robert thompson, did he meet robert thompson, the tortured soul who is forced into the british enforcers and in many respects. we can't identity as he did. however, his dad was above the page should they went to jail because of that. it would make sense to me at when he would die, you might knock on the door because the houses here. hewitt to visit the promenade area. the towns and houses here. three blocks away. it might be wise to say he might go say hi to samuel thompson at one point he might have said colbert junior. i do know that moment and i've yet to have anybody revealed there was that moment. ironically, teddy roosevelt is diagonally across any love this stuff. so he did not know there's a patriot in his midst like robert thompson. there is an area called the landing, where there's nothing but water and that's the local legend worried that the house here, the planting here could easily have been done. robert is a master keeping thi

everyone in austin is on the lookout for nick saban. someone at the austin airport got on the p.a.ick saban, your car is waiting for you. of course, everyone ran around like crazy looking for him. >>> and imagine this, american football in the olympics. talk about a sport where you could just hand the united states the gold medal. this is a possibility because the international olympic committee has recognized football as an international sport. it's still pretty far off from happening, if it is added it would likely be seven on seven format where it's quarterbacks and receivers. >>> mike thissen is current lly tourin the world promoting his autobiography "the undisputed truth." tyson served three years of a six-year sentence for rape in the '90s. in immigration anyone serving a sentence is barred from entering the country. >>> andre johnson spent $17,000 on toys for a dozen underprivileged kids and their siblings. the kids were allowed to grab as many toys as they could in 80 seconds at a houston-area toys "r" us. >> or, whatever they have their christmas list, they can pick up. t

austin is seconds away from putting his plan into action, from the top of the arch austin begins lowering himself down to meet her. >> i got closer and closer until she looked up at me. i thought, surely she knows. surely she's expecting. >> but leslie thinks austin way down to offer help, and she's not amused. >> when he was coming down i was sort of annoyed. okay, yeah, i freaked out at the top, but it's fine, i don't need your help. >> irritation is not the emotion austin is hoping for. >> i had the ring in one pocket in case she said yes. and i had some tissues and a fifth of vodka in the other pocket in case she said no. i'm kidding. i'm mormon. i don't drink. it was dr. pepper. >> as they hover together above the earth, austin asks leslie to marry him. >> as soon as he pulled out the ring box, i was just so surprised that i yelled "you are kidding me! "and then i was just laughing and crying. >> success. creighton and the others descend with a celebratory bottle of sparkling sigh cider. >> i was in my favorite place. i was with the person who meant the most to me, and it's the best i've ever felt. >>> coming up, it's a race against time to save a group of horses who fall through the ice. >> and they're just screaming for help. >> when "caug

austin x texas. does anyone have any idea how much obamacare will really cost? >> merry cistmas to you, eric, from austin. it is a liberal nest. i think charles is a smart man, but he is about three and a half years too late. the affordable care act itself , obamacare itself was a bailout to the private insuranceompanies. they were losing premiums because employers were pulling out, dropping their insurance plans and this health care act pulled millions ofpeople into private health insurance without a counter bailing government option. i actually think the direction that wayne pointed out would be a great thing. we do need single payer in this country, but conservative forces did not allow that to happen. >> wow. wow. john i wonder if it is a bailout for the insurers and a bailout for the taxpayer and redistribution to the people who don't have health care. if president obama had presented it that wayhree and a half years ago do you think it would have passed? >> it would have never passed. the president has been deceiving every element of government controlled health care which is what this is. you don't have to look far in our history for government bailouts and controlled health system. it bailed out medicare three times in the last decade. the highway trust fun amtrak, the post office, the student loan monopoly. every timethe government gets involved, to wayne's point, the facists get in cahoots with business. the rules of supply and demand no longer applies. to the bailouts and the benefit cuts. >> bailouts. it ription -- it rings a bell. let's take a listen. >> there are no more tax funder bailouts. >> every time he says period we find out it is the exact opposite. this is in fact an insurer bailout. >> we have to keep in mind that half of all household bankruptcies are due to health care costs. our health care system was untennab before the health care act passed. we are moving in the right direction by having now -- >> hold on. guys -- i don't want to interrupt. ii don't want to interrupt and i love you, but that is the liberal talking point that is passed around. i hear 50 to 60% of household bankruptcies are due to medical costs and that figure is flat out not right. i am not blaming you, but i'm sure the liberals that send it to you try to get it right, but they got it wrong. michelle, letsy talk about it. where is has this gone? where is this headed? what is the end game here? >> the problem is insurance has become an arm of the government. the government sets the rates and sets the guidelines and sets the procedures. the problem is if they are in trouble you bet obama will come with a life boat filled with taxpayer dollars to bail them out. it is the american taxpayer dollar. it is the money they work hard for and it will go to insurance companies. they got us into this mess. how is that fair? >> i want to go to john. michelle points out the life boat, but sometimes it looks more like the titanic than the life boat. >> they are safety nets. the much heralded safety net and it is anything but safe. it requires government force to keep these ponzi schemes going. obamacare is now another ponzi scheme. the alternative is not the kind of government controlled health care we had before, but a free market we haven't had in decades where bad operators wouldn't survive. they would have their own choice. none of that ppens with obamacare. it is already failing before our eyes and a bailout is imminent. >> last thoughts. >> all of those points are very well taken. the idea that this is -- you know, it is make it up as you go along, and this was not a law. they did 2700 pages of garbage. nobody read it. the people we elect, this is so outrageous the people we elect do not read the legislation they pass. i find thattart leg. no where in the constitution do i read where we are obligated to bail out everyone who has health care. maybe i am not wrong. maybe i missed that. maybe that is somewhere else, but what i am saying is all of th is a coercive plot and we have to get rid of it. >> not only in the constitution, but president obama promised to stop bailing coanies out and yet he is going to do it. >> the per suit of life, leb tee and happiness. we could not put obama's feet, thether failure which is a hot mess before the affordable care act. for health insurance companies to blame all of this on the president is ridiculous. >> was that a free market? prior to obamacare do we have a free market in health care 1234*. >> we had a hot mess individual market place. >> do we have a free market in health care some. >> we didn't have a free market. >> can't answer the question. >> hold on, guys. here is what jonathon is getting at. prior to obamacare, insurers couldn't sell insurance across state lines and that's why it wasn't a free market and that's why costs were so he. >> one of the many reasons. >> one of the many reasons. >>> get ready for raise of wage. 13 states raising the wage and this number 13 could be unlucky for the economy in 2014.úp@@xcçx÷ >>> first the protest and then the hype. a dozen states will fight the minimum wage in the new year. president obama is calling to raise the federal minimum wage. they say it will help workers. jonathon any indication that will help workers? >> minimum wage hurts jobs. particularly low skilled jobs. that's not my opinion, that's what the department of labor said in 1938 when the first minimum wage was enacted. why? wages are not arbitrary. they are not based on whim or feeling. they are based on the realities of the market place. and minimum wage is price fixing. it is disruptive. an employer has to pay somebody $15 an hour for a job that is only worth $7 or $8 for the job. they will go bankrupt or have to reduce productivity accordingly. >> the otheroption is those jobs will go overseas. china has $2.50 or so an hour. i'm sorry a day. india has 28 cents an hour. those will get the jobs -- the lower wage jobs from america, right? >> you are absolutely right, eric. there is competition for jobs just like every other product we do in a free market system of the when you cut the free market -- you made a point in the health care that the insuranc companies cannot cross state lines. that is why there was no competition among them to bring down the costs. if you have competition with labor, that will bng down the cost. if you fix that and do it by fiaf and said everybody will get x dollars there is no competition. you are right. the jobs if they are in this country or state or county or city, they will go somewhere else. >> every time i talk to a liberal about this top -- topic, they say you need to offer a living wage. here is my question and i ask the same one over and over. if $10 is okay for a minimum wage, why not make it $100? >> eric, let's keep in mind the great words from kris kringle, christmas is not just a day, but a frame of mind. that being said jonathon had to go to 1938 for his talking points. there is common sense in the fact that if americans are working hard and playing by the rules,hey should be making a livable wage. working full time right now on the minimum wage is $15,000. costco, trader joe's, they recognize it is a winning formula. happy people, higher profits. >> just answer the question. why not make it $100 an hour. >> that is ridiculous. >> why is it ridiculous. as long as you are giving away other people's money why not go big or go home? >> no one is asking for that. we are asking for it to be raised in line with the cost of living increases and in line with inflation. if that had happened the minimum wage would be over $10 already. if the captains h shared the productivity, the minimum wage would be over $20 an hour. >> i will get back to you. i want to get michelle in. >> you talk about common sense. you want to talk common sense? if you raise the minimum wage businesses need to adjust for the added costs. they will not be okay with the reduced profits. they will reduce benefits and cut hours and cut jobs in response to that. >> not true. >> yes. it is ue. and the people who will be hurt the most are minorities and young people. right now young people have an 18% unemployment rate. young black people have 23% unemployment. those are the people you are going to hurt. >> you raise the minimum wage and it puts the money back into small businesses. >> go ahead,ohn. >> the minimum wage we talk about it as if it is an integral part of the economy. it is the defining of the department of labor in 1938. that's when minimum wage was enacted. quickly talk about the moral argument. this is an employer and an employee coming to a mutual agreement. now government will come in and say no you can't act out of your own self-interest? >> go ahead. >> go ahead. >> the biggest problem in all going to have to raise those things. we have states -- we ha five cities in the state of california filing for bankruptcy. you have detroit in bankruptcy. you will have more baruptcies because of this. they have to sign on to this race federal, state and local governments cannot afford it. >> we need to go. a great discussion and a lot more to talk about. coming up, obamacare, the nsa and benghazi. we asked you and you responded in mass. the hottest topics of the year and guess what we foun@atÑ vinde nsa? stay tuned. >>> we asked, you decided. folks on social media getting a shot at becoming the fifth panelist of "cashing in" by telling us what the hottest topics of the year were. here is what barbara on facebook said. there are so many, but number one obamacare and 2, benghazi and number 3 the power grab of the executive branch. the rest of facebook voted this way, number one, obamacare. number 2 benghazi and number 3 a tie between the nsa scandal and irs scandal. on twitter, captain awesome said obamacare was so corrupt it takes the top three spots and here is how the rest of twitter voted number one, obamacare and number 2 snowden and nsa and number 3 -- what say you, michelle? >> government is synonymous with incompetence. that's definitely a common theme. but dishonesty is a they'll in all of these issues. they told us they weren't spying on us. they told us what they had to do with the youtube video. they told us they weren't spying on the tea party conservatives. it was one big, fat lie inll of these issues. >> the topic of the year was? >> i think obamacare. i think the americans finally woke up. americans left and right realized what obamacare was about. >> your thoughts? >> i don't think it is even competence as much as lawlessness. all of these examples, obamacare, irs, nsa, and our government is using its guns against innocent american citizens. this year all we saw was government essentially using force against americ citizens. 245 has been a hallmark of obama's administration and it will continue in 2014 as well jie. and your pick for the story of the year, the topic of the year? >> as europe's entitlement state implodes america marches toward the same. >> i was surprised not that obamacare is not overwhelming number one on both facebook and twitter, but benghazi came in there quite a bit and as michelle and john point out it is less transparent in administrations. your thoughts? >> look, at the end of the year there is clearly a lot of work that we have to do to make sure people understand that government plays a very important role in fixing our problems and the level of incompetence on a number of these issues does have to be addressed. but it doesn't take away from the fact that we cannot solve these problems without the help of government. it is not a left-right thing. the organizations that happens as well. >> your story of the year then. >> i think it has to be obamacare. >> i have to move on. have i to move on. we have to get wayne in here. go ahead, wayne. your thoughts on this? >> well, i think just the opposite of what they are saying. you have to get the government out of this. you can't let the government come in and try to solve something. they are the same people who made the mess in the first place. it is outrageous. benghazi, we have been lied to. by hillary, by the secretary of state, by susan rice, by all of these people who just bold faced knew the truth and outrageously lied to us. the same is true about obamacare. they make it up as it goes along. they have no idea what it is. and the nsa is spying on the constitution of the united states. >> great discussion. wish we had more time. thank you to michelle fields and jamou green from austinas. coming up, we go from the hottest >>> time for what do i need to know for next week. the hottest stocks of 2014. wayne, what is it going to be? >> eric, have i been hot on biotech and i am again this year. i had one last year. it was up 25%. i like to put them in a basket so i am safe at th same time. i am looking for something called ibb. it is a biotech etf. >> how about you, are you staying hot? just as a financial collapse in 2008 and started in 200 sigh, i really believe the great bond blow up of 2014 started in 2013. i am betting against bonds in 2014. jgbs goes up with japanese interest rates. i think you should buy and i own it. >> bonds go down and rates go up and your picks will do well. thank you very much. great week. that's it for the cost of freedom block. thanks for joining us. before we go, end of year goodbyes are predictably gushy and nostalgic and not my style and not "cashing in" style. i want to thank you, our awesome, loyal viewers who consistently put us in t

austin texas where gun enthusiasts have access to the world's first three d. printed metal gun. red's shooting range in austin texas is normally packed with gun enthuses. today the difference is that these men are firing rounds with a do it yourself firearm the world's first three d. printed metal gun we wanted to showcase the abilities of what direct metal can do eric much later is a project ford major at solid concepts a company specializing in three d. printing here in prince arena archie was granted an exclusive tour of their austin facility which boasts ten three d. industrial printers and a glimpse of our technological future these are all the three d. printed parts that went into making this bar after getting a federal firearms license the company used a process called direct metal laser centering to produce this browning nine hundred eleven pistol the three d. printed metal gone has fired over one thousand rounds in the meantime solid concepts has manufactured its second nineteen eleven firearm solid concepts insists the stainless steel firearm they've introduced to the world can't be replicated by hobbyists these machines start at six hundred thousand and go up to a million dollars they need to be in industrial environments they require more electricity than is available in residential areas and it will be years before metal printers become available on the consumer market not exactly the world's first mini metal maker has already been created and with laser centering patterns set to expire in february it's

students from the univ of steve austin tensions have been running high in the campus events and some students allegedly belonging to him. it is understood fully enable steve austin in september. the unit was devised on the head then came the pivotal goal of the biggest day in the whole scoop on the job. missing you all about the deal will be gone on to the top of a deal to proceed in tbilisi on people from the gabba and you'll be as sudoku book about the day in total the head. will you love so much for that. don't get that awful. seek the stuff you wouldn't want me to get it some of us should be strong in the province. as improbable could do said the visit of the japanese and talking to was this topic by the storm and by that provision in the end of class the president also will suffice. thomas wanted to get into all of the royal couple will of the festival to adapt and aikido with them from friends had visited india fifty three s back. he also was vice president of god's love in just a couple of the hottest part of the husband wouldn't that be haiz am lucky to end this the people who began the forgiveness of the day it will return to a purified this fine book w

wanted to read one of the parts that refers to stevan austin because he went through and the tiffany when he was in jail in mexico. stephen austin started changing his view. at first he thought that we could live and understand santa ana and thought he was a great leader and that he was his friend but after spending a year and a half in jail in mexico he started changing. [laughter] within a few sentences in the letter to marry the ec a new idea emerged that texas should become a part of the united states instead of an independent part of mexico with her through the political means or purchase. mexico's abrupt retreat from the constitutional space governance and 1834 had precipitated his own yearlong imprisonment as well as independent movements in california and other parts of the country including the state in central mexico. when santa ana, who stephen counted as a personal friend and a friend of texas brutally suppressed the uprising, stephen and the others were convinced that the accommodation with mexico was no longer possible. the fact is she continued. we must and ought to become a part of the united states. money should

austin before a couple of times and i love austin. university of texas is a great school. i knew i wanted to go to a great school, a public school. i'm prom california, but austin is similar to california, first of all and texas provided so much support for veterans. >> he made the most of his support, utilizing his military conditioning background to pass and around much younger prospects. his dire, passion and commitment made quite the impression on coach brown, who gave him a spot on the team, first object defense before he settled into his current position as the team's long snapper. >> i definitely learned that despite lack of intelligence or athleticism or lack of anything, that you can't really control how hard you work, and you know, when you got your mind tuck on something and you're determined to do it, if you put yourself out there and aren't afraid to fail, you can do anything, literally. looking at it at that time as my age, being 29 before i came back to college and tried to play football, i neve would have thought anybody could do that, let alone myself. you're too old, you don't know the sport, you don't know how to do that. i was a special forc

austin. is many years in the energy industry, he now leads a truly unique interdisciplinary center at uci austin that combines geology, business and policy. and this taking ut austinto the next frontier. of course, david goldwyn is -- i will call him and atlantic council author and is also president of gold when global strategies. he is an energy guru, essentially a black belt third degree in the energy world with an incredibly, incredibly nuanced understanding of the energy industry that is reflected in his excellent, excellent report. he is -- special envoy positions in a variety of other high level energy post. we are especially pleased to welcome the undersecretary of hydrocarbons enrique reza. undersecretary is the man at the more. he has not slept in probably weeks, public had to sleep on the plane from mexico. he is the point person many of the issues of the reform. so there couldn't be a better person from mexico to travel from mexico to join us and talk about reform than undersecretary a chore. he has worked hard. he has incredible listing of business and his intersection with policy. undersecretary come we're so thankful you have agreed to come on a plan

inside look at a shooting range in austin texas where gun to his guests have access to the world's first three d painted metal gun the new brits shooting range in austin texas is normally packed with god. enthusiasts today the difference is that men are firing rounds we could do it yourself. why are the world's first three d printed metal products. we wanted to showcase the abilities of what direct metal into her much lighter is a project coordinator at solid concept company specializing in three d printing paper and threw the rt was granted an exclusive pour out their boston facility which does tend to read the industrial printers and a glimpse of our technological future. these are all the three credit cards that i went into making this firearm after getting a federal firearms license the company used a process called direct metal. these are censoring to produce his browning nineteen eleven pistol to repeat the metal sign has pioneered the pool for one thousand rounds in the meantime solid concepts has manufactured it's set in nineteen eleven by our solid concepts insists the stainless steel wire to be introduced to the world can't be replicated by

austin's parents. thank you both some of for joining us. deb ra, as we enter this holiday week, do you think we're any closer to finding out what happened to austin? >> well, i think that it's less important to find out what happened then it is to locate him now. >> jeff: mark, what else do you think can be done. >> we are now and we have been for over a year now asking for help, for mercy, and for austin to come home. >> jeff: debbi to all those other families out there were son, daughter, a journalist who went missing or is currently impri sound, what is your message to them this holiday season? >> you know, one of the challenges that we face, in being parts of family and with other children, it's just trying to present for them while at the same time praying and working for our loved ones to come home. and so we do hold each other's hands pretty tight so that we can all stay strong together. >> jeff: when you think about austin around the holidays, what is it that you think of most and remember most? >> well, he's a big guy with a big personality. he adds a tremendous amount of life and excitement to any family gathering or any gathering of any kind, for that matter. so we miss that. i mean we miss that terribly. and not having that is not just the absence but it also puts a cloud, frankly, on other celebrations and makes it tough for everyone. >> jeff: debbi and mark tice, thank yo

austin, texas. good morning. i'm sorry, taylor in austin, texas. caller: hi, can you hear me? was calling to say that i think it is difficult to make a distinction between governors and senators, especially depending on the state where they come from. if you are a senator from texas, the population you represent might be bigger than some states that governors are in charge of. whereas governors i think have executive management experience, there is a unique skill set that some senators have the opportunity to hone depending on how long they serve in the senate. including policymaking, the ability to make deals, reach compromises with their beinggues in addition to able to build relationships across the aisle. while governors may increasingly come from a polarized and partisan state and may not have to reach across the aisle to continue to win an election. so i think if we look active history, we had good residents from both sides. i think each one just comes with unique skill sets. host: thanks for the call. sammy's next. he is in perry, georgia. caller: how are you doing, bil

everyone in austin excited about all of these rumors. someone at the austin said, nick sabin your car is ready for you. and everyone started looking for him and of course he wasn't there. >>> american football in the summer olympics. this is a possibility now. because the international olympic committee has recognized football as an international sport. this still very far from happening. and if it is added, it would likely be in the seven on seven format. it would be big offensive linemen or stuff like that. three gold medals. no one could compete with the united states. >>> mike tyson is currently promoting the world. but he can't go to great britain, because get this, he's now banned from entering the united kingdom. he served three years of a six-year sentence for a rape conviction in the '90s. and under new immigration laws in the uk, anyone served for man four years in prison is barred from entering the company. >>> andre johnson spent over $17,000 on toys for a dozen underprivileged kids and their sibli siblings. the kids were allowed to grab as many t

austin texas where gun enthusiasts have access to the world's first three d. printed metal gun. red's shooting range in austin texas is normally packed with gun enthuses. today the difference is that these men are firing rounds with a do it yourself firearm the world's first three d. printed metal gun we wanted to showcase the abilities of what direct metal can do eric much later is a project ford major at solid concepts a company specializing in three d. printing here in prints or in the arts he was granted an exclusive tour of their austin facility which boasts ten three d. industrial printers and a glimpse of our technological future these are all the three d. printed parts that went into making this bar after getting a federal firearms license the company used a process called direct metal laser centering to produce this browning nine hundred eleven pistol the three d. printed in metal gun has fired over one thousand rounds in the meantime solid concepts has manufactured its second nineteen eleven firearm solid concepts insists the stainless steel firearm they've introduced to the world can't be replicated by hobbyists use machine started six hundred thousand and go up to a million dollars they need to be an industrial environment so they require more electricity than is available in residential areas and it will be years before metal printers become available on the consumer market not exactly the world's first mini metal maker has already been created and with laser centering patterns set to expire in february it's

austin mahone! [ cheers and applause ] >> thank you. >> jimmy: look for his debut album next year! we'll be right back, everybody! ♪ ♪ [ cheers and applause ] >> jimmy: my thanks to ralph fiennes, juliette lewis, austin have a great weekend. hope to see you next week! bye-bye! [ cheers and applause ] ♪

they plan to open a second at austin international and is looking to brew up business in more cities soon. for "cbs this morning saturday," lee woodruff austiny barista. she miles at me. >> machines aren't going do that. >> no. >>> coming up chef daniel boulud. this morning he's brought a special dish and an amazing single malt he's helped create. you're watching "cbs this morning saturday." ♪ ghirardelli squares chocolate... ♪ a little rendezvous ♪ savor our luscious filling combined with our slow melting chocolate. ♪ that little reward for all the things you do. ♪ only from ghirardelli. well i drove grandpa to his speed dating this week so i should probably get the last roll... yeah but i practiced my bassoon. [ mom ] and i listened. [ brother ] i can do this. [ imitates robot ] everyone deserves ooey, gooey pillsbury cinnamon rolls. make the weekend pop. ♪ ♪ ♪ maybe i'm wrong ♪ ♪ ♪ ♪ and nobody ever says goodbye ♪ ♪ ♪ ♪ ♪ >>> danielle boulud is one of the most renound restaurants' chefs worldwide. among the many awards he has received outstanding restaurant tour of the year. this last january daniel was inducted into the culinary hall of

everyone in austin is definitely on the lookout for saban. as a joke, someone at the austinay got on the p.a. and said, nick saban, your car is waiting for you. pretty funny stuff. >>> one wf the stop stories in the lineup section on bleacherreport.com today, imagine this, american football in the summer olympics. this is actually a possibility now because the international olympic committee has recognized football as an international sport. it's still far off from happening. if it is added oneay to the summer olympics, it's likely going to be in a seven-on-seven format, where it's just the quarterback and receivers. >>> my favorite story of the day, houston texans all-pro receiver andre johnson spent over $17,000 on toys for a dozen underprivileged kids and their siblings. the kids were allowed to grab as many toys as they could in 80 seconds at a house tan area toys "r" us. it's the seventh year in a row johnson has held the giveaway. the children were picked from child protective services. every kid's dream has to be to go to a toy store before christmas and grab everythi

austin. yes many years and the energy marytry and leads a and... center that combines geology, business and policy and a second ut austin as the new frontier on energy issues. yn is president of global strategies. he is an energy guru, essentially a black belt third degree in the energy world. nuancedincredibly understanding of the energy industry that is reflected in his report. he has had multiple dharma positions including special envoy positions and a variety of energy posts.el where specially pleased to henriquender-secretary ochoa. probablyt slept in weeks. he is the point person on many of the issues of the reform. personannot be a better from mexico to travel from mexico to join us and talk about the reform. he has worked tirelessly over the last few weeks to secure passage in congress. he combined his unique and important knowledge of energy and is incredible understanding of business with this intersection of policy. we are so thankful that you agree to come on a plane and come to washington that you endured our customs here to get into the country. discuss the reform of such a busy time. we are happy you traveled to washington right before the christmas holiday. we are expecting a great program. please join me first and looking -- welcoming under-secretary out shoolchoa. [laughter] [applause] >> good morning. of you, it is an honor for me to speak to you so close to christmas and so far away from home. slept.not i want to thank the ambassador for being here with us. when peter first asked me to come here, i thought it was such an honor. i am glad that i am here. i want to use a powerpoint presentation to help look at the figures that show how we got and where are we now with the constitutional reform. and what is next. this only to help me with the presentation? we have the history of mexico's recent oil reduction. in 2004ed a high point with 3.4 million barrels per day. have decreased by almost a million barrels per day in the last eight years. this is a huge concern for mexico. time wheree so in a we have more than tripled our investment in oil and gas. we put money into appeals. we have come out short. we have not failed that budget in mexico. the prices time, have tripled. as you can see, they were $31 per barrel. now they are around 100. our production declined. economy, then economic impact is in production. next, please. .his is natural gas this is not much better than oil production. there's a lot of consumption in the industry. the blue line is our production. 1997 we were sufficient. we produce the same amount that we are consuming. things have changed in the last 15 years. we are importing mostly from the u.s. despite having an enormous quantity of natural gas, we have the ironing of not being able to produce as much as we should. and gasoline, the history is oery similar to the past tw slides. we are importing half of our gasoline. we have not been able to keep up with the pace of our liberal economy. we are bringing from the u.s. mostly. 50% of our consumption. this is the last set your within the hydrocarbons which are petrochemicals. these are similar and even worse. now what we see here is that we are importing 65% of our petrochemicals. what you can see in the last 15 years, we have strong degrees and other production. we have an increase in natural gas production. 50% of ourrting consumption of gasoline. we are importing 55% of petrochemicals that does not seem to be the story of strong hydrocarbons. this is becoming a net importer of my merry energy problems rather than a strong exporter that we have been for decades. we see here for the first time since 1960, the oil and gas model and battled in article 27 was amended. this inut in to place context. what made it even more the third pool. not to allow private participation. it is really a very transformative reform that they have put through the mexican congress. thatve two of knowledge this is by over two thirds of it members in both houses. it past the reform. yesterday it was enacted by the mexican congress. up for this. we start the process. next one, please. >> there we can see how the reform has put the new model. oil and gas is going to be administered by the mexican state to the ministry of energy. there was confusion. these parts were administered. not they're going to be run by the ministry of energy. and extraction which remains a strategic element of the constitution of going to be done through contracts. they were previously prohibited in the constitution. allowe 27 was amended to contracts which are common in the global markets. contract. sharing strong a very concentration. it was absent in mexico. we are going to do something that has also happened in other countries that have had this type of confirmation which is around zero. somell allow them to have kind of entitlement that will allow them to start off the limitation of the reform. i will talk about that in a few second. ies will be open. wouldn participate in any mexican or foreign companies associated between them. we are also opening up for private participation. most of those sectors were close in public participation. you can also be done by price. next, please. what will be rounded zero? congress has established a pattern. days after up to 90 the constitutional amendment has been published by the president to present to the ministry of energy those areas where they want to keep on working. they have 90 days to present technical elements that will allow the ministry of industry and the commission to side on is. technical base the minister of energy will have 180 days after the first 90 days to decide that. that.will be [indiscernible] we will allow them between and three and five years to do so. where they are already extracting oil and all of that, they will keep those entitlements for the next rounds. this from these entitlements they were going to achieve to the new contracts that were going to go into place per second or isolation. that process will have to go theugh, including hydrocarbon commission. they have seen these models work elsewhere. next. this is a slide that i like to show. ones thatt important produce oil. you can see that all of them had in their legal frameworks either concessions of reduction sharing contracts or licenses to work. we have the private sector to. there were two exceptions in that area. in these 20 countries, only mexico and hawaii had service contracts. no other type of contracts were allowed. that has heard mexico in an important way. 10, we not only have service contracts, we also have profit production, sharing, and licenses. we are in a group of those countries that have legal frameworks that have allowed them to make that your use of any natural resources. next. this is very important. the natural resources, oil and gas remain owned by the nation. this is a fact. they allowed us to be part of the or. how will that new system were? the ministry of industry will accept these that will be open for participation the technical assistance of the hydrocarbon commission. industry besides the technical guidelines within the technical signs of the contract. minister of finance will decide the fiscal terms. hydrocarbon commission decides on the winning bids and on behalf of the mexican state caps on the contractor this has been put into work on a yearly basis. responsibility of the technical management of the contracts. the money that comes out from mexicanntracts goes to petroleum funds and development. the going to be base in the central bank. it is similar to that. explain how that works. next, please. this is the msm -- mexican petroleum. it is one of the strongest parts of the reform. what we have is a committee headed by the minister of finance. it is ratified by a to third majority. thirds majority. when the money comes in, the first thing that the fund will do is pay the contractors. it is through profit-sharing that establishes costs. it submits to the federal budget of 24 point seven percent of gdp. that is the base that right now that the oil sector submits to the budget. basee predicting that the were in maine confident. we will go where they will not be suffering. after we reach that 4.7%, the rest of the money goes into long-term savings. that reaches up to three percent of gdp. reach three percent of gdp, we have that in the back. if we assume there is another dollar, it is in the following way. at least 40% of the new dollar goes again to the savings account. we increased the savings account until it reaches from three percent of the gdp up to 10% of the gdp. we get it back to long-term savings. that, up to 10% will go to the universal pension system. they got inspired. be seen to be pretty promising. they are in the regional industry developments. the money that comes to the oil reform comes mostly to long-term budget. we establish a base for the budget that would allow us not to have any hiccups. next, please. transparency is one of the most important elements of this reform. he's not satisfied with the way it is work so far. to have a new mechanism to do it better. the constitutional element goes to that. anybody can see it. this was being quoted in oil and gas contracts. the citizens of mexico and the world can align and ask for those permissions. these are all associated to oil and gas contracts. the money goes to the front. transactions shall be made public as well. to supervise cost recovery. it is very important. it is going to be public and transparent. we believe that we are stop wishing the four elements. in addition to that, there is an article that allows congress to establish special legislation. i am sure you have many questions. i'm looking for that opportunity. they're savaging the guidelines looking forward. up to 120 days for secondary legislations which we believe will go through with the next process of congress will be between these dates. many will be fixed by congress. i just hope that they will invite me again on april so we can have another conversation. thank you very much. [laughter] [applause] give us 15 minutes for questions. >> my welcome to everybody. i am going to do something which my colleagues know i rarely do, stay silent. i would like to open up for 15 minutes to a couple of questions from the floor or the undersecretary. >> it has been my experience that they have held their geological data very close to the vest. my question is will that be disclosed in general for all of mexico? will you have it remain for when you open up a particular area that it will be available and how will it be available? >> these are very important questions. the constitutional reform establishes that the information they have been able to collect to the the years goes natural hydrocarbons commission. the objective of that is to be the to make it public once areas have been selected by the ministry of energy. what we are opening up is that the national commission would make public the information that we have had for that area. in addition, we are giving the commission the responsibility to contract private sector or to do the studies. we only have two dimensions studies. we need to increase the studies that we need. we open up the commission to be able to go through contracts for more information. we show the information. >> let me take something from here. >> i'm curious about the referendum. is there actually a realistic chance of this could stop the reform? >> thank you. i do not think so. is something that will still be debated in mexico. secondaryw, insulation to be approved by congress in order to regulate what we call a different ecological effect -- technological affect them the referendum. the process has not been started yet. continue with our constitutional reform. it has established during this. >> how will this get resolved in the end? it is not there yet. >> will there be in emphasis on the onshore versus the offshore, both of which have tremendous potential but different? >> thank you. he is very interested in keeping this onshore. what is happening with ground zero? once this is approved, it can go looking forcess of help. we will also be very open to see in shallowant seeds waters. it seems to be the case that areas in the deep water of mexico in the northern part are from texas. it seems to be more promising for participation. >> please. >> georgetown university. >> with for microphone, please. >> united states and germany veryembarked on a ambitious plan for clean and renewable energy as hearts of the energy transformation process. could you talk a little bit about your plan for energy efficiency -- efficiency and standards in that regard? >> thank you very much. it has been a very important topical conversation. two of them are in the constitutional reform. can come up with a transition plan. it is going to be the responsibility to the ministry of energy. see it is a very important, transitory you'll -- fuel. big ironywe have this in the country that we have strong resurgence. in means we would like to burn more natural gas to produce electricity in mexico. we do not have a strong supply and natural gas right now. we are burning fuel oil or diesel. more polluting but more importantly it cost us over four times more than if we would be burning. for environmental reasons, we are not producing enough natural gas in our countries. more importantly, if we produce more electricity with natural gas, we would be able to use electricity in mexico which are very high. on average we are over 25%. we are paying 25% more electricity and mexico then you guys pay in the u.s. that is in our business sector. there are many areas where he have to tune it. it's part of the money that has been collecting, we will go to the renewal of energy. particularishes a responsibility for congress. it is 120 days once it is published. is as legislation to push forward renewables. it has to be enacted. we have the strong potential to have electricity. we have 26 different laws that have to do with that process. there's not a very clear process on how to get there. you have to deal with different institutions. you go you have to go back. it is just not right. we now have that responsibility through the constitutional reform to do it better. >> we will take one more question. the gentleman in the aisle. you, sir. thank you. wait for the microphone, please. >> i'm david johansen with the u.s. international trade commission. it has been 20 years since the act was implemented. there has been discussion in the united states and mexico. naftae implementation of lead to the opening of the energy sector to foreign investment? thank you. >> i was very young when nafta -- [laughter] i will say that obviously we are looking to go in the same direction. hadhe near-term, we have eight decreasing production of gas, of gasoline and of petrochemicals. that is the need of the mexican government. their responsibility to change the framework. secondly, we are interested in having a better economic integration. in a way that allows us to complete on a fair basis. if our cost of gas and electricity are higher than those of the united states, we do not benefit mexico or the region. we need to establish mechanisms areake the whole competitive. i think this reform colleges both objectives. >> thank you very much -- i will take a couple of more questions. i will be around, please. >> we will come around with a larger panel and a few minutes. i would like david goldwyn to talk a little it -- bit about his report and frame it for the panel. [applause] >> thank you. mr. ambassador and mr. secretary, let me say inc. you to the atlantic council for the privilege of being part of this report. ofant to thank three members my team that are indispensable that made immeasurable contributions. make inthe finding we this report is that you have to appreciate what a remarkable feat of political statecraft and statesmanship this reform is. here in washington we pat ourselves on the back if we get bipartisan agreement to keep the government open for a few months. in the course of a year, mexico has the agreement of three parties that don't agree with each other much that education reform, labor reform, fiscal reform, and now with two of the three major parties, energy reform. it is a formidable accomplishment. it is breathtaking in its scale of ambition. if it succeeds it will move mexico from being a major to by 2025, i think a said -- i think a strategic supplier of oil. think you have to understand that these changes are permissive and directive in nature. the constitution permits private investment into the upstream, midstream, and downstream, and directs legislature to create legislation and regulations to create that regulators to create regulations. it is all about execution and implementation. there are five major competence of this reform. the first one is the introduction of private investment into these three sectors. the second is that mexico has second -- separated energy policy from supervision. that is classic to practice -- best practice. environment, managing the hotline system that have to be stand up. is the transparent petroleum fund. much like the norwegian fund, it has independent supervision, caps on much money will come out for the federal budget. the mexican system will be among the most transparent. it will have a degree of public accessibility. reports of funds and cost paid by the industry are directed to be transparent as well as the fund itself. that is quite remarkable. fifth is its commitment to sustainability. both electricity system and the hydrocarbon system are supposed to be sustainability goals. mainnse is there are three categories for commercial opportunities here. joint venturess with amex. developed when they were high-pressure and then they were more or less abandon as they moved onto another high- pressure field. with basic enhanced oil recovery and a good deal of capital. -- islikely they can likely mexico can increase its production by 3000-4000 barrels a day. know what kind of offers they might get. the transitory articles in the constitution indicate that reserves will be bookable and they have taken every pain short of saying book reserves to say that this system is design to allow companies to account for the future benefits they are entering into. i think these will joint -- i think these joint ventures will be the first opportunities. the second i think will be the seismic area where there will be a need for 3-d seismic for both cnh and for company. a year of be after legislation, the new deep water. that is where you will see the greatest flood of private companies. we see seven significant challenges for mexico to overcome in a calm pushing this reform. the first is managing expectations because as people know, the ramp-up is kind of slow and it will take a couple of years to get all of the regulators stood up. there will be a gradual but not and ask financial rise -- but not an exponential rise. you need to develop an transport gas in order to substitute gas for fuel oil. it will be a while before you see those results in the electricity area. in the next five years, they will see the lions share of these benefits. the second challenge will be delivering competitive oil in gas exploration terms. there is a finance ministry on the terms. they have to move together and move quick. that to be competitive or we can be in a world with $80 oil. find out when we will figure out which scheme will apply to which form of acreage. will it be a concession, willoughby profit-sharing? -- will it be profit-sharing? five fantastic framework regulates, but you will need people, you need rules, you need to move fast. whether mexico outsources and brings an external expertise to rates the gap to where they train their own core hold up -- own cohort of regulators. the third is radiation for the power sector. there is not enough -- as much detail in the power sector as opposed to the hydrocarbon sector. will they be able to sell to customers direct and how? what price? electricity and gasoline prices are subsidized. subsidy reform dropped out of the reform. how subsidies are dealt with i think will affect the power factor site -- reform as well. the frameworks is five independent directors, the minister decides, relatively autonomous. how big is the dividend going to be? be government is still going to be relying on amex in the early years. in thet the money upstream rather than the downstream? this remains to be seen. the sixth is trusting the market. if it turns out the best economic proposition is to import gasoline, will that be ok? the seventh is local content. there is talk about the need for local content rules. what will they be you -- what will they be? will be like brazil? it does not 10 -- it is not intend to follow the brazilian model. i think there are for terminus opportunities for mexico we're. first, it is to be best in class. this is a government and do structural reform and move quickly. among the other countries, it implemented well. this will move mexico to the -- but anot just in energy, country to invest in. the second is prosperity. -- obviouslyis the if this work, you positive traits for manufacturing, job creation, and in terms of energy investment if this model works away it is designed, mexico will be in pole position in the hemisphere. if your choice is brazil, colombia is extremely competitive. where do you want to be? i think mexico as the chance to be the most competitive. the third his stature. the ability to implant these reforms will give it stature from transparency, from the agility, from the market competitiveness. that has credit on the international stage. supplier bytegic 2025. .exican production will begin 2023, 20 24, 2025, that is when it peaks. mexico could take that play -- p lace. as impressive as they are, are necessary but not a sufficient condition to create these reforms. you have to have wrote -- you have to have the legislation and regulation. you have to have some speed. we also call it mexico rising because there is no question that while the road to implement this will be bumpy, there is no turning back. the government has made this commitment. it is a remarkable a couple and i can only say that mr. ambassador and mr. secretary, we wish you well in completing it. thank you. [applause] >> thank you. they're going to put extra chairs appear and i would like to invite the analysts -- the panelists to come back up. >> [inaudible] great. please. why don't i take the furthest away and -- mr. secretary? david, jorge, duncan? >> thank you. >> thank you so much. >> again, i am peter schechter, latinrector of the adrian america center. thank you for the presentations. last week i was reprimanded in an interview by a journalist for being too enthusiastic about what mexico has done. to my panelists, that is a warning because i'm going to try and redeem myself and be overly severe. i am going to try to center my questions on three principal mechanics ofis the the reform, the business implications of the reform, and then, what are the implications for mexico and mexico's you jury? -- future? i am not an energy expert. i am a commonly found washington policy civilian. let me start with duncan and asking for his comments. i would love you if you could place those comments within the context of what is is going to mean for a new north american revival, in particularly the in industry, but now that nafta is coming on to his 20th year, what is nafta 2.0 and what is the reform in that? >> thank you for inviting me today. i would ask of the sacrament -- paramountthat it is a -- paradigm shift. i fell into it almost by accident back in 2005. it actually emerged at a meeting in mexico city. we were talking about the future of north america. the one question that kept coming up is what we do with energy? the situation was very different back in 2005-2006. the concerned -- the big concern in united states is energy security. where we going to find the energy, oil, and gas to power our economy? fast-forward eight years and we are in a very different situation. the united states is now a situation where it is looking at regional energy, or north american energy independence and autonomy. situationing at a where it is going through a shale revolution and feels more secure about itself. it is a very important dimensional understanding, the way in which this reform in mexico is being received in the united states. if you talk to people in houston you see enormous excitement about the business opportunities. you speak to people in washington they say, that is great, we are happy for you guys. that is different from 2005 or 2008 when the last attempt to energy reform was put on the table and ultimately failed. north america at this point in time is in a much, much better situation than it has been in the past. mexico's reform is kind of like the icing on the cake. it means that we are going to see potentially another million barrels of oil production per day added by 2025. i would publicly put it a little bit later than that. see, rising to levels of natural gas production. we are going to see the possibility -- and i think this is the key point -- more than just production figures and reserves, we see the potential now for real energy market internation -- integration in north america. it touches on things that enrique already pointed to. we need to guarantee not to supply but stability of supply of energy for the producers of north america. loweed to keep energy costs in the united states and canada and we need to lower them significantly in mexico. partially, that is for competitiveness and partially it is because people needed. people in mexico spend up to 1/3 of their income on electricity per month. the energy reform we saw go through congress right now is something that really offers that are stability. i think it is a -- that possibility. i think it is a game changer. in the first 120 days of next year, we are going to see that. enrique, i know you graduated from -- in 1997. i was there. gave the samef he speech that he always did at the graduation ceremony. i had here at like 34 times as a director of row graham. that program. always says -- he -- [speaking spanish] it is moving forward. it is moving onto the next stage of life. there is so much to do and that is why this own port and we keep our focus on the oil and gas sector. >> thank you. it is a great segue for my question for jorge. austin withes from a very academic hat on now, it is certainly not where he spends most of his life or it you are the only one in panel who actually was an oil executive. and in mexico. talk to us a little bit about what is going through an energy executive's mind right now and how does it seemed to him as a ame changer? how does spanish, french, or u.s. energy mexicove choose between or angola or trinidad? what goes through an executive's head. >> thank you for the council. thank you for being here. just like in your example, in business sometimes the easiest thing is to set up a strategic plan. the tough part is the plan to implement that strategic mission. that is the toughest part. all of us have fought to the challenges we are facing. i hate to say it, but maybe this was the easiest part of the old he -- whole energy reform part. because of all these great expectations i think there is a tough road ahead. i don't represent the industry, but after working in the ag sector and oil sector

austin during the time of christine's murder and for a few years after that. and a paralegal in our office kay canaby who was on the internet found the austin cold cases, a woman bludgeoned to death and checked the location, and it was a block from where norwood was living at the time. the woman's name was debra jan baker, and she was killed a couple years after christine. exactly the same way bludgeoned to death in her bed. a few days after the hit on debra jan baker with norwood's hair at that murder scene was announced in court, john bradley contacted barry scheck to discuss terms of michael's release. >> i received an e-mail from john raley about a month before telling me that my father was innocent and that there would be new evidence exonerating him and he would probably get out of jail. i was almost rude in my response. i shut the door. i didn't want anything to disrupt the life that i had. i felt like life was finally normal. i had a wife. i had a baby on the way. there was no room in my life for this. >> when they came to get me to say pack it up, you got to go, i gave away almost everything i owned. and there were some hand shakes and some hugs. as i was leaving, the guard was escorting me off, people started making noise and hollering good-byes and other profane statements of encouragement. and they started yelling and there was some fist pumping up in the air. and a couple of the guys were beating on the tables. the guard got a little uneasy, like is this a riot or what. looked up on the second tier, just lined with faces and people were yelling and cheering. i never expected that. and i love those guys for that. it was just such a sendoff. completely spontaneous. it was just the strangest thing and the most wonderful thing. >> after spending nearly 25 years in prison for the murder of his wife, a williamson county man is now free -- >> camera rolling as michael morton -- >> -- in 1986. he was sentenced to life in prison -- >> those attorneys have been working to prove martin's innocence for years. >> you guys tell us when you're ready with the cameras. >> make sure the agreement of the parties i have recommended released to the court of criminal appeals. you do have my sympathy. you have my apologies. >> i thank god this wasn't a capital case, that i only had life. because it gave the saints here at the innocence project time to do this. >> i would like to say this is one of the happiest days of my life and i thank god for it. >> we are so thankful the truth finally came out and we're happy, happy, happy. >> okay, thank you all very much. >> it was somewhat chaotic. there was a procession, cameras were everywhere, people everywhere. i didn't know which way we were going. >> all of this time rushed back at me. my time of only seven years, michael's of 25. i stopped with michael and i said, when you step outside, breathe freedom. >> fortunately the sun was beaming down right there. there was this beautiful kind of fall day. the sun felt so good on my face, that i kind of tilted my head back a little like getting a suntan or something. trying to just drink it in. >> the day of his exoneration i think they broadcast it on the internet and on the news in austinaw or an old family photo, but i felt like things were changing. it was visual, tangible evidence that everything that i knew about that part of my life was going to change. >>> new at 6:00, mark alan norwood. a violent criminal with a record going back three decades arrested today in a murder that sent the wrong man to prison for 25 years. we've just confirmed he's also a suspect in a second murder. >> the victim in that case, debra baker. >> when we first got the phone call about the possibility there was a connection to another case and that dna might be involved, we thought there was a huge mistake. >> bringing this all up again was just a kick in the gut. it was a nightmare and everything you ever wanted all at the same time. >> this had been this big hole that never closed for a quarter of a century. we always hoped for closure, but i hoped it was true. >> when the police reopened the case this time, we've been through this with a cold case. but it was different this time. this w

austin during the time of christine's murder and for a few years after that. and a paralegal in our office kay canaby who was on the internet found the austin cold cases, a woman bludgeoned to death and checked the location, and it was a block from where norwood was living at the time. the woman's name was deborah jan baker, and she was killed a couple years after christine. exactly the same way bludgeoned to death in her bed. a few after it was announced at court, john bradley contacted barry scheck to discuss terms of michael's release. >> i received an e-mail from john raley about a month before telling me my father was innocent and that there would be new evidence exonerating him and he would probably get out of jail. i was almost rude in my response. i shut the door. i didn't want anything to disrupt the life that i had. i felt like life was finally normal. i had a wife. i had a baby on the way. there was no room in my life for this. >> when they came to get me to say pack it up, you got to go, i gave away almost everything i owned. and there were some hand shakes and some hugs. as i was leaving, the guard was escorting me off, people started making noise and hollering good-byes and other profane statements of encouragement. and they started yelling and there was some fist pumping up in the air. a couple of the guys were beating on the tables. the guard got a little uneasy, like is this a riot or what. i looked on the second tier at the faces of people yelling and cheering. i never expected that. i love those guys for that. it was just such a sendoff. completely spontaneous. it was just the strangest thing and the most wonderful thing. >> after spending nearly 25 years in prison for the murder of his wife, a williamson county man is free. >> in 1986. he was sentenced to life in prison. >> those attorneys have been working to prove martin's innocence for years. >> you guys tell us when you're ready with the cameras. >> make sure the agreement of the parties i have recommended released to the court of criminal appeals. you do have my sympathy. you have my apologies. >> i thank god this wasn't a capital case, that i only had life. that gave the saints at the innocence project time to do this. >> i thank god for it. >> we are so thankful the truth finally came out and we're happy, happy, happy. >> okay, thank you all very much. >> it was somewhat chaotic. there was a procession. cameras everywhere. people everywhere. i didn't know which way we were going. all of this time rushed back at me. my time of only seven years, michael's of 25. i stopped with michael and i said, when you step outside, breathe freedom. >> the sun was beaming down right there. there was this beautiful kind of fall day. the sun felt so good on my face, that i kind of tilted my head back a little like getting a suntan or something. trying to just drink it in. >> the day of his exoneration i think they broadcast it on the news and interpret in austiner seeing my father for the first time outside of a picture online that we saw or an old family photo, but i felt like things were changing. visual, tangible evidence that everything that i knew about that part of my life was going to change. and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop thes

austin during the time of christine's murder and for a few years after that. and apparently a man in our office who was on the internet found the austin cold cases, a woman bludgeoned to death, and checked the location. and it was a block from where norwood was living at the time. the woman's name was debra jan baker and she was killed a couple years after christine. exactly the same way. bludgeoned to death in her bed. a few days after the hit on debra jan baker with norwood's hair at that murder scene, was announced in court, john bradley contacted barry scheck to discuss terms of michael's release. >> i received an e-mail from john raley about a month before, telling me that my father was innocent and that there would be new evidence exonerating him, and he would probably get out of jail. i was almost rude in my response. i was -- i shut the door. i didn't want anything to disrupt the life that i had. i felt like life was finally normal. i had a wife, i had a baby on the way. there was no room in my life for this. >> when they came to get me to say, you know, pack it up, you got to go, i gave away almost everything i own ed. and there were some hand shakes and some hugs. and as i was leaving, the guard was escorting me off, people started making noise and hollering goodbyes and other profane statements of encouragement. and they started yelling. and there was some fist pumping up in the air. a couple of the guys were beating on the tables. and the guard got a little uneasy. it was like is this a riot or what? i looked up on the second tier lined with face and people were yelling and cheering. and i never expected that. and i love those guys for that. it was just such a -- man, such a sendoff. completely spontaneous. it was just the strangest thing and the most wonderful thing. >> after spending nearly 25 years in prison for the murder of his wife, a williamson county man is now free due to recent dna evidence. >> the cameras are rolling. >> he was sentenced to life in prison. >> attorney that had been working to free morton. >> you guys tell us when you're ready with the cameras. >> i have recommended relief. you do have my sympathies. you have my apoll jais. >> thank god this wasn't a capital case. i only had life. because it gave the saints at the innocence project time to do this. >> i would like to say this is one of the happiest days of my life, and i thank god for it. >> we are so thankful the truth finally came out. >> yes. >> and we're happy happy happy. >> okay. thank you all very much. >> it was a somewhat chaotic. there was a procession, cameras were everywhere. people, i didn't know which way we were going. >> all of this time rushed back at me. my time of only seven years, michael's of 25. i stopped with michael, and i said, when you step outside, breathe freedom. t >> the sun was beaming down right there. it was this beautiful fall day. the sun felt so good on my face that i kind of tilted my head back to get a suntan or something, trying to just drink it in. >> the day of his exoneration, i think they broadcast it on the internet and on the news in austincture online that we saw or an old family photo. bifelt li but i felt like things were changing. it was visible, tangible evidence that everything that i knew about that part of my life was going to change. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. our holiday storefronts. what do you see here? angels? you know, something like that. reality check, not all 4g lte coverage maps look alike. i see footprints in the snow. where?! it looks like a holly leaf... the gingerbread man? it's just barely the united states. what do you see