party butitics, cross within his own party, he seems to -- he takes a line from theresa may -- the willf the people. waynvokes it in a cynical to make himself seem like he is a champion of the people. he does it to course parliament, coercecoerce -- to parliament. lie and deceive about his brexit approach. sounds specific, but it is not. it is about seizing control from government to parliament. that is what brexit is about. more sovereignty, control, power. they are trying to put into action what they believe brexit was about. genie: boris johnson wants to get a deal. how are those efforts going? >> if you listen to europe, they say they are not, talks are going nowhere. say there are to no talks. that the u.k. has no negotiating team. you here in u.k. press there are meetings they have been pressing for stepped-up negotiations, but they are not talking about anything. this goes to the crux of what i was talking about. the reason the parliamentarians feel like they need to wrestle back control, they feel his brexit approach is the ultimate emperor has no clothes. says a vote against th

that butit is partly also the fact that it is worth remembering central banks have been easing, and emerging are still easing rate. in a low rate environment, the vole has a difficult time remaining elevated. further down the line, the fed will come back on the table. we are in no man's land. are they going to move again or not? we could see some swings, and if we get data surprises one way or the other, that could spark short-term vol. i doubt it will be sustained over the longer term. matt: market participants are saying negative rates are poisonous or dangerous for financial markets. are a market rates mechanism here to stay. do you agree? , given that, i do central banks have chosen that path. to roll backgoing from that quickly. they have to live with it, so to speak. the ecb is faced with an economic outlook that will quite a time, a couple of years. i cannot see the ecb coming off negative rates for quite a long time. we are well aware of where we are in switzerland or japan. i cannot see that changing because the economic prospects are not sufficient to do that. if, for whatever reas

they show that they engage in a sweeping systematic attack, they welcomed it and planned around butit attack. we should be thanking the fbi, not trashing them if those are the facts. i have a lot to say about the record program. my first question is none of this goes through a warrant process, is that perfect? >> ifs i might explain how the program works, this is an example they have a reasonable suspicion we work with our doj and colleagues to draft an application to the fisa court or attorney general situation. n the court refused that information that we present than that of communication providers are compelled tohe provide us te data associated with that number. before that, you had all these records collected without a warrant. >> the record that we did collect was the result of going through that process. however some of the records that we received a technical air regulator to -- technical irregularities. >> it approved the specific term. the records associated come from the telecommunication providers. >> so one term could result in a lot of records. >> as you likely know we

environment would look like for something like that.you do see some small hydro facilities going in butit's really not even part of the conversation because they're so small . >> what about comp hydro. >> good question. but the other thing is with the changing weather patterns, especially out west, the need is very low levels, there are questions about how effective hydro is going to be going forward because you need water to make hydro work. pump hydro, where it exists, pump hydro is a neat idea. when the gentleman was asking before what do you do with this excess power, maybe you use it to pump water uphill basically where it sits behind the dam and when you wait it's agreat battery . when you need it, you let it run through and generate electricity so i could see more hydro products but again, we're not doing that many big projects right now. it's difficult for me to see a new big dam beingbuilt . >> on thinking of is the ocean and title power, is that driving the conversation a little or is that states out a little bit? >> total power it's the opposite problem, it's not being phased in.