brendan beck tell, chairman and ceo of the bechtel group and member of the board.lad to have rendon with us as well. marcy frost, ceo of calpers, the california public employees retirement system, one of the biggest public pension investors in the united states -- i think it is the biggest, may be in the world. delighted to have her with us from sacramento. and finally and last but not least, steve hadley, the principal at rice, gates, and manual and former national security advisor. steve and charlene cochaired a task force john and i led a couple of years ago on global infrastructure and designing a u.s. global infrastructure strategy and we are delighted to have them with us to talk about that and where we are today. we are going to do a sort of tagteam queue and day. i'm going to start with brendan. you are everywhere in the world. your company -- i'm interested in linking the domestic and international story. we are a think tank focused internationally, but that the mastic infrastructure story is important in and of itself. how does it link to the internationa

brendan bechtel, chairman and c.e.o. of the bechtel group, delighted to have brendan with us as well. marcy frost, c.e.o. of call burn's, the california public employees retirement system, one of the biggest public pension investors certainly in the united states and i think it is the biggest, and maybe in the world. so delighted to have marcy with us from sacramento. and finally, not -- last but not least, definitely, stephen hadley, principal at wright hadley gates emanuel. together, steve and charlene co-chaired a task force john and i led a couple of years ago on global infrastructure and designing a u.s. global infrastructure strategy and we're just delighted to have them back with us to talk about that and sort of where we are today. so, i think with that, we're going to do sort of tag team q&a now. down the line as it were. i'm going to start with brendan, actually. brendan, you are everywhere in the world. your company. so i'm sort of interested in particular on linking the domestic and international story. we're