has the prc taken a position on this issue? >> no. apparently not exicially. >> well, i'd like to know what it is. >> dr. coburn can tell you what it'll be. >> there's never been a federal government commission that wants to get rid of itself or limit its abilities, so -- >> well, there's never been a post office that isn't willing to raise rates in order to avoid making other tough decisions. >> come on -- >> they've made tough decisions -- >> carl. [inaudible conversations] >> maybe they do, but if we take the pressure off them by not having an outside group look at a rate increase, we're also doing something which will lead, probably, to greater postal rate increases. so that works both ways in terms of if we'd never had a federal agency. but my question is this, what is the position of the prc. i think it's important. we know what it is. did it come out at the hearing? if it did, i'd like to -- and i don't doubt that it did, but what is it? >> well, i think i have -- i'm going to ask the deputy postmaster general to respond to tha

but with prc oversight, the exigency case did go through. so that shows that that regulatory process does not preclude exigency or emergency rate increase the. and it wouldn't precluded in the future. we've just seen that this regular oversight can work. the last thing i wanted to just mention, i have the formula, how we got up to 22.5% in three years, assuming inflation readings constant, of course. the formula is -- let's see. 100 times 4.3% exigency plus 1.7 cpi plus 1% compounded over three years. that's where we get there. >> we would be only over to. you're importing a. that would be 15 and 16. >> the underlying bill of ousted to go through for three years. >> let's back up just a little bit. obviously this year, dr. coburn and i introduced a compromise bipartisan postal bill. and with respect to rights, what we basically agree to is a free market system. the idea that the postal service would be able to come would take away the caps. we had a cpi cap in place were a number of years. take it away. the id would be the postal service cou

a crisis on the peninsula, that results in the korea,tervening in north you have the chance of the prc intervening as well. have intervened in north korea, how do you keep the alliance from unraveling in this situation because of differing perspectives on how prc intervention should be handled so that you cannot a compass the objectives both sides want? -- so that you can accomplish the objectives both sides want? >> the assumption there would be intervention may not be correct. first of all, i don't see the rok and the u.s. alliance unraveling. providing information and discussion with the chinese leadership before any event which lays out the intent of the event mightore the bettere, for lack of a description, and incursion into instability or a crisis. i believe in coordination before the fact, discussion before the and at least enunciating the intent of the alliance under different scenarios so they do not perceive that we are moving up to seize and hold territory. i don't know if i can say it any better. i agree that we need to be working now with china to look through various dif

and in fact if it is you know what the pla is, and just the people lib vasing army, and prc, china, and actually, owns the buildings right on the water front and so there is a lot of different interesting and amendies around and so they are trying to define whether it is the water front, and should they have they are trying to figure out the space and we have been trying to do both at the same time and i think that it is important to recognize what san francisco has accomplished in terms of doing this in a balanced way and they are going back and retrofitting and trying to figure out whether the public wants the water front and they don't have it and now that is the issue in hong kong and the good thing is that they have a lot of money. and i guess that they did not borrow that one million, they just spent it and so that was just, you know, came out of nowhere, and so they are trying to decide, whether they should have the water front authority or independent authority with their own staff. and the head of the committee, and generally and he asked me what i said. they have freeways that

but come to that of france was the fuss the western country to establish an accidental ties with the prc can share with us the strategic significance of this move to france. lloyd soon be difficult to unite union are international reality today ah what kind of football what kind of fact sheets are on the news was that move on and which jen welsh called the goal. he cited fight using the fifty years together. ahh which was highly criticized by other western artist once was indeed the first major western pa to establish full diplomatic relations with aj i'm not forcing on days i'm the theme to suit different e appreciate that. as the role of china as an angel pot of tomato soup bhopal far as the name just a cough that is some of comedy. at midday and then eat off the beaten him up we got the geo strategic situation since you so much different. i'm in a way the french feel left out that he's alright well i'm move which the president did fifty years ago. he's not sufficiently recognized by today's reality and to some extent they indeed all right because things have changed and because prep s

you're going to deal with a whole new installment of the sky is falling prc style. fact of life. then after the close, we get results from apple. and i think it's going to be a test of value. the stocks cheap. it has a ton of cash to reduce the buy back. it has an activist, carl icahn clam mering for a higher price. and fortunately it has a competitor, samsung, that seems to be fault terg. all this said, cat is big. and this comes in the morning. and apple's bad in the evening. then i can tell you that tuesday will be some sort of woosh day. a real give up capitulation session that is going to make you want to get aggressive about buying the stocks of companies that already have good earnings. tuesday i'm watching three companies. first there's american airlines. you know from one of my get rich thing is buy stocks in companies that allowed to create benign oligppolies. this is a match made in heaven. so i think we're going to hear about a terrific road map. not this quarter but the road map f apple and cat are bad and this calls a good one, you probably don't want to wait, just

some are from smith's prc will rub off on him. was it from roundup of the world news timeline and a full length this week call. it's friday saying the times in the back of the events making headlines across the planet in the wild this week i'm joined by four to a space correspondent says the cost of that critical isaac ross said the week's news of getting us then take it with me in this tee off t mobil chevron economists for the move out of seven the unthinking cannot stand being with us you will say we've got a break to beat as separate launch for colts and the atlanta create a meaning to do was take out that michael had the produce of the world memory film project if it offends enlist his shot wide in your oven on to the canon but the publications including the national geographic and the second time magazine i know said friday. i saw this at all since that may be a station rf i do all sorts of some of the season coming in and that he will say china said came as mr comments on a strict set of stacking is t w t w o well this week

how do you keep the alliance from unraveling in this situation because of differing goods on how prcintervention should be handled so you accomplish the object is that both sides want? thank you. >> i would get my purse no opinion. i think the assumption that they would be intervention may not be correct. first of all, i don't see the u.s. alliance unraveling number one. secondly, i think providing information and discussion with china's leadership before any of that was laid out, the intent of the alliance, before the event might mitigate any, for lack of a better district is -- descriptive, whether it be instability or a crisis. .. line of communications between the alliance to make sure the intentions of where we are going and that they are clearly understood and how the free countries, and i will include japan also, the four countries can work together to resolve the situation as quickly as possible. that is critical to be able to continue now. >> i would add a couple things to that. where you run into the problem is where there is a surprise of which reads mistrust. and i think

. >> you have to ask the chinese in prc if they're going to answer the phone or not. >> i would say both in the region and our relationship that we need to move forward to allow that type of direct dialogue in crisis situations, we've said this on many occasions. i know that chairman dempsey, secretary haeckel and that that level that there are an attempt at opportunities have dialogue at that level. would that work at a time of crisis, we would hope it would work. but internal to the pay, alr, i don't have the ability to pick up the phone and talk to berkeley to a pla navy admiral or general at the time of the crisis. we need to work on that. so we've talked about it, but things take time. >> the other question it seems as though we've repeatedly surprised when things happen. rb on our part and with our allies doing enough to imagine what next is coming out of beijing to figure where we need to be collectively so we join in the response because there's criticism. are we doing enough to think ahead as to what, frankly if you look out there, beijing is fairly logically and consistently tr

fourth, prc. extremely fragile.nevertheless, the diplomatic strategy that was put together, russ feingold, late acton, in fact, it has managed to bring their regional parties in ways to end the very least dampen down the toxic confrontation in along with the more aggressive military posturing basically have taken down the a.m. to three and hopefully begin to put controls on the other militias of the eastern contra of. there are, however, five new countries that pose greater risks this year of widespread loss of life for 2014. central african republic. the number of displaced from 100,000 it is end of 400,000 in november. a month later right to survival for the congress, 60,000. today 1 million. this simply the fact that even with the intervention of france and the peacekeeping, the killing continues. the power struggle has not ended. and we have to focus on the reality that libya has the potential for additional violence. demolishes mirror the islamist periphery divide. bangladesh, the competition that goes back to