or they know about larocco and its welcoming quality. they know about its positive feeling of its people. i frequently say that the first two words the learning english are you're welcome into our house and business, welcome into our country. i think that is a very telling factor. to be sure, the arab spurring has had a very positive effect and that there has been a change in government, a change in constitution and now you have a coalition headed by a man who is part of a real political party that organized in a way that said this country could have reforms in a meaningful way. his majesty is still the most powerful figure in the country, but is doing so acting in a manner that is consistent with the sharing of power of the government. so, briefly what you have here is the opportunity for american companies to come in. we already have 150 or more in the country. they do very, very well. we have a very strong central bank. the understand what they're doing and the understand the nature of commerce in the country, and i think it's a very

of the growth when the economic pressure for continued rapacious growth and moneymaking is at adel laroccothis is the effort and the deferred tucson and triet to really think about their future. it's for a very different kind of future damage it's going on in the past. but as one real-estate said to me. and good sense can overcome 50 plus years of tradition? maybe not. so anyhow, this is the chance, these are going to change their ways. will happen now and if it doesn't the price to pay will be greater in the future and mean time that is on the adaptation side. there's also mitigation where climate change is concerned and the sooner we can take national action we need to have a carbon tax which is the most sensible way to begin the big economic shift we have to had. the sooner we can get that going, the best because there is so much inertia in the climate system that even if we stop all greenhouse gas emissions tomorrow, we would still be warming for another generation or a generation and a half on the planet. >> okay to read we are moving towards the last few minutes so i would love to gi

consider all that has happened in the arab spurring and realize how little the impact has been on larocco in terms of its stability and in terms of its health, it's very impressive. i was sitting with my wife at lunchtime today and i was saying what is the principal thing that morongo has going for it and without batting an eyelash she said it's the morocco brand, and that's true. this is a country that has been built in a very significant way on the basis of tourism, and you will go all through the united states and you will find all kinds of people that know very little about the politics in the part of the world that are currently served, but they will tell you they have been to morocco or read about morocco or they know about morocco, and they know about this welcoming quality and about its positive feeling of its people. i frequently say that the first two words that a dealer named english or your welcome. you're welcome into our house and into our business, you are welcome to our country, and i think that that is a very telling factor. to be sure, the arab spring has had a very posi