i am ed fidler, president of the heritage foundation on behalf of my colleagues and the board of trustees and the staff that they heard a tradition is a great pleasure to welcome all of you to her letterman auditorium today for a very special presentation on an important vote. as it happens, i've used exactly that same intranet at least twice before financial reorganization in the middle east or whether it is on the causes of the recent shall we say on python as on wall street and in the u.s. economy. john is always a man of great insight and great erudition and reminding us of how we got where we are and how we can get out of it. and that i guess is what is so special about this book, "first principles." because what john does is talk about how we get back to where we should be and there is no one better equipped to do that. professor john taylor, phd princeton, devoted successive number of years i think i finally retired the trophy as the most popular undergraduate professor at stanford university. the church feels fellow at the hoover institution, former undersecretary of the treasury,