have erich krauss he's an independent fund manager lattimer also cos he is head of strategic planning and development at unicredit securities and lie to me or to commute off he is chief economist at the critter financial corp ok eric i'm going to go to you first you're very well known fund manager here you've been here actually longer than i have and you write this letter weekly right off its monthly no truth and beauty and russian finance which is not only very smart it's very funny so my first question goes to you how do you correlate high oil prices and investment in russia do we correlate well or not well i mean there is a persistent myth that the russian economy and market is only about oil and i've since quit a quick argument with it i mean since oil is a one way bet and it's in the medium term i don't really think it matters very much the point is that what really is been slowing the investment into russia has been a combination of extremely negative coverage in the western press and the russians own god given talent for screwing up their public relations the russians can make themselves look

and they really enjoy teaching at middle schools. that is really important. to understand the whole adolescent development issue. that concludes our strategic plan. i just have to preface by saying that the working draft, whether you pass the feeder patterns or not, we have work to do and we will continue the do that work to close the achievement gap in the middle schools. thank you. >> i want to ask whether you would like to have discussion -- i know it might be difficult for the public. be happy to welcome public testimony if people actually want to comment on the presentation that was just made and not on the feeder patterns. if you want to talk about the feeder patterns, you might wait until we talk about that. this was a lot of very dense stuff. the board wants to ask questions or have discussions about this, i think we should do it now. unless anybody objects. we'll do it now. i prefer that we just do this, just what was presented by the staff basically, middle school plans, but if you -- then we'll talk about the staff recommendations for the feeder, for the student assignment and then we can have testimony what everybody came to talk about

both public and private trips to and from the area to build and develop the trust and confidence that is required, long-term strategic plans still being developed and on the table. we did receive some assistance from the pakistanis in terms of intelligence exchange that led to captors of leaders of al qaeda. we had a pretty impressive run of success in terms of being able to kill or capture a significant portion of al qaeda leadership, resulting in the most recent one involving osama bin laden. the pakistani woes are known. they are short of funds for what needs to be done within their country. they still have a big, almost phobic relationship with india. we are working hard to overcome the mistrust that exists between both countries. the impact of the osama bin laden incident presents us with an opportunity to get past these feelings of mistrust now heightened on both sides. if we could use this as a pivot point to bring about reconciliation in terms of what is tremendously important for the security of the region. the consequences of a failed state in pakistan or not being able to build the trust between both countries.

both public and private trips to and from the area, to build and develop the trust and confidence that is required, long-term strategic plan is still being developed and on the table, we did receive some assistance from the pakistanis in terms of the intelligence exchanges that led to captures of leaders of al qaeda. we have had a pretty impressive run of success in terms of being able to kill or capture a sixth of a good portion of the outcome of leadership, resulting, of course, and the most recent one involving osama bin laden. i would say 2010 was still a year of testing, building the relationship. the pakistanis' economic woes are well known, and they are being subjected to inflationary tendencies within their economy, and really just been short of funds in order to do what needs to be done inside their country. they still have a the, almost a phobic, relationship with india and we are working hard to overcome the mistrust that exists between both countries. mr. chairman, as you pointed out, the impact of the osama bin laden operation is one that presents us i think with an opportunity to get past these feelings of mi

and management teams. they worked diligently should compete the strategic plans, developed the system to prioritize capital projects, discipline for the fleet modernization, improve the transparency of the annual budget and develop a comprehensive business plan. as the leadership at amtrak face significant challenges in the years ahead, i cannot emphasize enough the importance you administer the programs and manage funding effectively and responsibly. finally, i look forward today to discussing with you the security challenges that defaced and what steps your taking to safeguard the nation's passengers. as you know, there is no higher priority with the tale of the terrorists against the target's emerging from the raid on bin ladens's compound, i want to make sure you have the resources you need to protect the railways and the passengers. thank you very much and i yield to senator collins. >> thank you. good morning. first let's join the chairman in welcoming mr. szabo and mr. boardman to this hearing. i want to begin by thanking the administrator for working with me, state and county officials to preserve

conference that russia and china will further develop their strategic partnership today trade volumes between the two countries amounts to sixty billion dollars but moscow and beijing plan to keep that figure up to one hundred billion dollars a year moscow is looking for new energy markets in asia and china is ready to peg. hello soon and welcome to the show. thank you all thank you very much for being with us well this month the brics countries which are brazil russia india china and south africa have agreed at the summit in china to establish what they call the mutual lines of credit in local currency which particular consequences do you think it will have for bilateral relations and will it affect the the u.s. dollar as a reserve currency as a world reserve currency. i think that this summit brings. for single for not only the violence for russia and china but to the whole emerging powers in the world that we call this is multiple laboratory the world. being our emerging powers mind i don't think that. other countries and they will agree with this point and the currents overall say that to some extent i think that the emerging howlers on the mirror own millions thing

to build and develop the trust and confidence that is required. long-ferm strategic plan still being developed and on the table. we did receive some assistance from the pakistanis in terms of intelligence exchange that led to captures of some leaders of al qaeda. we have had a pretty impressive run of success in terms of being able to kill or capture a significant portion of al qaeda leadership, resulting in the most recent one, of course. involving osama bin laden. so -- but i would say 2000 year was still a year of testing, of building the relationship. the pakistanis' economic woes are well known. and they are being subjected to inflationary tendencies within their economy. and really just being short of funds in order to do what needs to be done. inside their country. they still have a big -- almost phobic relationship with india. we're working hard to overcome the mistrust that exists between both countries. as you pointed out, the impact of the osama bin laden operation is one that presents us, i think, with a -- with an opportunity to get past these feelings of mis

and management teams. they worked diligently should compete the strategic plans, developed the system to prioritize capital projects, discipline for the fleet modernization, improve the transparency of the annual budget and develop a comprehensive business plan. as the leadership at amtrak face significant challenges in the years ahead, i cannot emphasize enough the importance you administer the programs and manage funding effectively and responsibly. finally, i look forward today to discussing with you the security challenges that defaced and what steps your taking to safeguard the nation's passengers. as you know, there is no higher priority with the tale of the terrorists against the target's emerging from the raid on bin ladens's compound, i want to make sure you have the resources you need to protect the railways and the passengers. thank you very much and i yield to senator collins. >> thank you. good morning. first let's join the chairman in welcoming mr. szabo and mr. boardman to this hearing. i want to begin by thanking the administrator for working with me, state and county officials to preserve

and math. measure of performance -- there are formative assessments. the district developed formative assessments. >> district -- formative assessments aligned to state standards. so we do have a strategic plan to improve the middle schools, again using the findings from gaining ground in the middle grades and the recommend tations, the following are the components of our strategic plan to improve all middle schools along with high leverage actions that currently are being implemented. number one, a school wide focus on improving academic outcomes. we have already implemented online support programs in all of our middle schools for students coming into sixth grade, who are below proficient in mathematics to they will be ready to take algebra. >> just quickly -- i can't find where it is. >> the handout. that's correct. >> achievement levels? >> that's correct. >> thank you. >> so again, administering math assessments for e.l.a. and math. number two, criminal lunchtime closely in line with academic standards. we are going to be implementing the common core curriculum in e.l.a. and math and making sure that all the middle schools are implementing the math assessments in the current school year.

in support of this, we have developed a new five-year strategic plan that will guide news a very detailed level, including 200 specific action items. and that will ensure we continue to be a leader among world airports and that we serve our communities in every possible way. our traffic continues to grow. we're seeing a 4% growth in passenger traffic this year. we're expecting a 1% to 2% growth next year so this is consistent with what we'll note are reported in the signs of recovery. we are targeting international growth. we expect to see stronger international growth, much stronger international growth than domestic. probably international traffic will be growing 5% to 6%. that's the kind of growth we want. we want to see oakland and san jose begin to handle more of the domestic traffic in the coming years. the airport is in a very strong financial position. probably the strongest position we've been in in over 12 years. we continue to be one of the best performing airports in the nation, in our concession sales. we rank number one in food and beverage sales on a per passenger basis. number three in retail sales. and we're off the ch

hopefully, information about our ability to additionally attack and strategically defeat al qaeda, but if we develop any information about planning or imminent threats, obviously, we will act on this. but it is important, it is important that osama bin laden -- i can tell you this based on the initial look at this material -- had an operational and strategical directional role, which makes the raid last sunday night and the event last sunday night all the more important in terms of our ultimate strategic goal, which is the strategic defeat of this organization. >> again, you talk about the propaganda value. there were additional tapes the government released as well of bin laden making addresses, one purportedly to the united states. >> yes. >> these are that he had prepared. but based on what, do you say, that he was effectively still calling the shots for al qaeda? >> based on the information that we've seen in the initial pass-through information. >> specific plots? >> i don't want to get into details. >> okay. but we know there was some discussion, at least aspirationally, about an attack on the rail system in the united stat

and management teams. they've worked diligently to complete a new strategic plan, develop a system to prioritize capital projects, built a plan for fleet modernization, improve the transparency of the annual budget and develop a comprehensive business plan. as the leadership of f.r.a. and amtrak face significant challenges in the years ahead, i cannot emphasize enough the importance you administer your programs and manage their them effectively and responsibly. finally, i look forward today to discussing with you the security challenges that you face and what steps you're taking to safeguard our nation's rail passengers. as you well know, there is no higher priority and with details of the terrorist plots against rail targets emerging for the raid on bin laden's compound, i want to make sure you have the resources you need to protect our railways and the passengers. thank you very much and i now yield to senator collins for her opening statement. >> thank you. good morning. first, let me join the chairman and welcoming mr. szabo and mr. boardman to this important hearing. i want to begin by thanking the administ

plans for the country. the announcement would be investing with three of the next ten years at least a billion dollars into the strategic development of russia school called being a part of that's a picture and at least a hundred million of them billions will probably go most likely go into the venture finance and buy mission just we just started the license let me mention the process we were producing the first product in russia completely bought the product itself . and the software and the sub working on top of the bottom which are certified by robert gates and the russian federation. i have to thank the business for this hour we'll have more for you and just under an hour's time event. to. culture is the same us you are going to try to use the word rather than the model there's a taliban bad guys with the killing of osama bin laden u.s. president barack obama has an historic opportunity and afghanistan will he use it and what is the downside. yes my name is daniel schmidt this is joining us on the we're here to make a short presentation about the we can fix project. the first. in the fourth day anything to get information out about the real world. to him war on syria i'm not. sure who th

kaufman requiring the administrator defense logistics agency strategic materials to develop a plan just a wish the earth materials and an amendment by mr. kaufman regarding the gao report on competitive versus the sole source contracting in the defense industrial base. >> the chair recognizes ms. castor. >> thank you mr. chairman. members, i believe it is very important that of the 2011 national defense authorization act includes a common to the special operations forces for the successful osama bin laden operations when special forces brought osama bin laden to justice in obscure pakistani compounds the commander and personnel of special rations command central command and related command in the regimental across this country have every right to be proud and the joint special operations command for the operating base in afghanistan with the admiral and that we all understand the collaboration, the talent, the indication to the critical missions by all of these brave men and women. german foreign very mentioned earlier that the bin laden mission gives a window into the modernization of our special forces. more americ

and a doctorate in strategic planning from the university of pittsburgh. from 2007 to 2009 he served as a the cir of the national econom development board in libya and led the national planning council. he has quite a bit of private sector experience, including leading a regional libya-based consulta consultantcy. we will begin with prepared remarks from the prime minister and then he and i will sit and i will ask him some of the most basic questions and then we'll have an opportunity to take some questions from the audience as well. with that bit of introduction, mr. prime minister, the brookings podium is all yours. [ applause ] >> thank you very much. i'm deleted to be here and honored. thank you for hosting me this morning. if you allow me, i would like to start, since there is a concern of time by giving a broader context of what is happening in libya and the middle east in general. i would add at the beginning, what is taking place is a natural product of the globalization process that started in the mid '80s. we have witnessed some results from the financial and economic scene and we are witnessing the new global cultural paradigm of paying off some

strategic plan to end homelessness which the administration unveiled last june to end chronic veteran homelessness by 2015 and homelessness among families and children by 2020. our firm and final principal for developing the budget is to develop initiatives that have been part of a wedge of the last 20 years but in this fiscal climate proposed no new initiatives. the president made clear when the rooster and educating our children but that's not possible if we live in a whole generation of people behind in the poorest neighborhoods. that's why i'd like to thank senator menendez working with us on the terrace neighborhood initiative which was founded in the sea are and we again propose funding in fiscal year 2012. tweeze neighborhoods allow the communities to use the mixed use financed was pioneered by secretary jack kemp and henry cisneros with the program to transform all federally assisted housing neighborhoods. similarly ensuring america out builds our competitors, requires for the future right now we're losing 10,000 units from the public housing stock every year. the sinking is billions of dollars of private capital sitting on the sidelines that could put tens of thousands of construction workers

strategic plan to end homelessness which the administration unveiled last june to end chronic veteran homelessness by 2015 and homelessness among families and children by 2020. our firm and final principal for developing the budget is to develop initiatives that have been part of a wedge of the last 20 years but in this fiscal climate proposed no new initiatives. the president made clear when the rooster and educating our children but that's not possible if we live in a whole generation of people behind in the poorest neighborhoods. that's why i'd like to thank senator menendez working with us on the terrace neighborhood initiative which was founded in the sea are and we again propose funding in fiscal year 2012. tweeze neighborhoods allow the communities to use the mixed use financed was pioneered by secretary jack kemp and henry cisneros with the program to transform all federally assisted housing neighborhoods. similarly ensuring america out builds our competitors, requires for the future right now we're losing 10,000 units from the public housing stock every year. the sinking is billions of dollars of private capital sitting on the sidelines that could put tens of thousands of construction workers

strategic plan to end homelessness which the administration unveiled last june to end chronic veteran homelessness by 2015 and homelessness among families and children by 2020. our firm and final principal for developing the budget is to develop initiatives that have been part of a wedge of the last 20 years but in this fiscal climate proposed no new initiatives. the president made clear when the rooster and educating our children but that's not possible if we live in a whole generation of people behind in the poorest neighborhoods. that's why i'd like to thank senator menendez working with us on the terrace neighborhood initiative which was founded in the sea are and we again propose funding in fiscal year 2012. tweeze neighborhoods allow the communities to use the mixed use financed was pioneered by secretary jack kemp and henry cisneros with the program to transform all federally assisted housing neighborhoods. similarly ensuring america out builds our competitors, requires for the future right now we're losing 10,000 units from the public housing stock every year. the sinking is billions of dollars of private capital sitting on the sidelines that could put tens of thousands of construction workers