. >> thank you ferc. i would also like to thank and to become ed for was in this conference. he's devoted his life to keep america informed about nuclear weapons. we've been in a nuclear weapon three is in this country for the 20 years since the cold war ended. while we've been asleep, five interacting challenges have arisen and mushroomed. today, in combination, these five put our nation at a grave risk. increasing nuclear weapons threats, lack of a nuclear deterrent strategy, deteriorated nuclear weapons capabilities failure of nuclear non-proliferation and misguided nuclear weapons goals. i will spend a couple of minutes on each of these five challenges and then summarize what we should do about them. first, the increasing nuclear weapons threats. these have grown steadily over the past 20 years but because they are so different from the global thermonuclear threat of the cold war, they've gone virtually unnoticed. if you examples, russia must increase its nuclear weapons capability because that's the only basis for their being considered a superpower. they are reemphasizi

operations and it could be a government centered like nist or someone that actually helps -- or a part of ferc that helps facilities with security engineering to avoid replication and ensure consistency, and possibly to better leverage some of the stimulus dollars eric referred to. >> thank you. this concludes panel a. are we going to a break, joe? >> the panelists are good to go but i wanted to make sure to tell everybody that your esteemed general chairman, forgot the script when he came up, about introducing ann campbell of sandia laboratories and we'll have panel b come up after that, right, joe. >> yes. >> thank you, i'm sorry about that. >> no problem. >> let's thank ann and the panel. >> thank you. [applause]. >> ed is currently -- ann is the director for the cyber security strategy at sandia national laboratories and in this role she develops and implements strategies to strengthen the lab cyber workforce and capabilities to provide increased support for sandia's national security sponsors and cyber mission, and previously, at sandia she was deputy for technical programs and, the strat

this testing ochers quarterly ferc least 25% of models so that all models are tested at least once perpsc accredited laboratory pulls the products at random from retail shelves and tests the products for compliance. jpma as part of our role in promoting safe because safety for the vulnerable segment of the population. according to the first candle one of the nation's leading non-profit organizations, dedicated to safe pregnancy and survival of babies through the first years of life, there are about 4700 incidents each year involving infants sleeping in fireman's, at least 80% of parents and caregivers putting their children in an unsafe place outside the crib. a properly assembled a full functional astm crib remains the safest place. unfortunately tragic accidents can occur. with improperly assembled second use or heirloom cribs. we believe that your information and education can reduce these fatalities involving missing hardware or improper or reassembled cribs. that is why society because the 19 designated safe sleep is the theme for the safety month for a piece which takes place in

this testing ochers quarterly ferc least 25% of models so that all models are tested at least once per-party cpsc accredited laboratory pulls the products at random from retail shelves and tests the products for compliance. jpma as part of our role in promoting safe because safety for the vulnerable segment of the population. according to the first candle one of the nation's leading non-profit organizations, dedicated to safe pregnancy and survival of babies through the first years of life, there are about 4700 incidents each year involving infants sleeping in fireman's, at least 80% of parents and caregivers putting their children in an unsafe place outside the crib. a properly assembled a full functional astm crib remains the safest place. unfortunately tragic accidents can occur. with improperly assembled second use or heirloom cribs. we believe that your information and education can reduce these fatalities involving missing hardware or improper or reassembled cribs. that is why society because the 19 designated safe sleep is the theme for the safety month for a piece which takes p

this testing ochers quarterly ferc least 25% of models so that all models are tested at least once per year. in addition, an independent third-party cpsc accredited laboratory pulls the products at random from retail shelves and tests the products for compliance. jpma as part of our role in promoting safe because safety for the vulnerable segment of the population. according to the first candle one of the nation's leading non-profit organizations, dedicated to safe pregnancy and survival of babies through the first years of life, there are about 4700 incidents each year involving infants sleeping in fireman's, at least 80% of parents and caregivers putting their children in an unsafe place outside the crib. a properly assembled a full functional astm crib remains the safest place. unfortunately tragic accidents can occur. with improperly assembled second use or heirloom cribs. we believe that your information and education can reduce these fatalities involving missing hardware or improper or reassembled cribs. that is why society because the 19 designated safe sleep is the theme for th

financial markets that don't have any meaningful regulation other than monetary policy, you have financial ferc send people borrowing against every last dollar of optimism projected decades into the future. you have got layer upon layer of debt upon layer upon layer of assumption going out into the future and that means when you have the slightest falter in expectations of the future, you have got, you are pulling out one little assumption. the whole tower of the assumptions and that collapses, and then you have so much on pay debt that the banking system is effectively bankrupt. we saw this happen in the early 1930's, not just with borrowing nickens the stock market of course but against all kinds of asset markets. and what could be learned from this? weave learned that markets have to discipline themselves but not that the price of unacceptable destruction of the economy. the first elegant solution to this puzzle is out to allow market discipline without economic destruction was the fdic. this is acceptable moral hazard or fdr and his policymakers decided, we can eliminate panic, reduce panic