cole stryker. [applause] >> thanks for having me.stryker, i'm an author based in york and i spent last couple of years of my life studying anonymity, first through similar stuff that parmy has been working on, studying anonymous and 4chan and the communities that have chosen to operate under the bill of anonymity for berries reasons for good and bad. yes. so i basically decide to talk about the history of anonymity and there's a couple of reasons. one, is because i think there are probably a lot of people in this audience who are of the opinion that if i do nothing but i have nothing to hide. this is a widespread opinion in american society, should buy a lot of my close friends and family before my book came out. so that book was kind of of dedicated to them but in any other reason is i've a personal role not to talk to much about technology when there's a guy with a ponytail talking after me. [laughter] so i won't be talking -- i don't want to look too foolish so i'll focus on the history. so yes, anonymous was this group of trolls

the army on the other hand they wasted almost three hundred forty million dollars maintaining the stryker vehicle contract this is despite having to rebuild over a thousand one thousand of those eight wheeled armored vehicles due to wear and tear so clearly they were built world first time world we're talking with the. reason that we're only going to be the robot will get to be zero don't you worry now the department of health and human services they could have saved two point seven b. billion. talking point seven billion if they simply took the time to look at how much medicaid and medicare should have been paying for wholesale prescription drugs oh and let's not forget afghanistan boy oh boy where our government watchdog found almost two billion dollars in potential waste fraud and abuse now this includes the thirty four million dollar military facility built just last year that will be used and vacant so a big building forty four million with nothing and finally and the most egregious and kind of embarrassing sent television however going to do it peanuts prompts a straight. sixty two

the army on the other hand they wasted almost three hundred forty million dollars maintaining the stryker vehicle contract this is despite having to rebuild over a thousand one thousand of those eight wheeled armored vehicles due to wear and tear so clearly they were built world first time world we're talking with. no reason that we're only going to be the robot will get to be zero don't you worry now the department of health and human services they could have saved two point seven b. billion. billion if they simply took the time to look at how much medicaid and medicare should have been paying for wholesale prescription drugs oh and let's not forget afghanistan boy oh boy where government watchdogs found almost two billion dollars in potential waste fraud and abuse now this includes the thirty four million dollar military facility built just last year that will be. he used and vacant building forty four million with nothing and finally and the most egregious and kind of embarrassing sent television however going to do it peanuts pops straight. from two thousand and six to two thousand an

the army on the other hand they wasted almost three hundred forty million dollars maintaining the stryker vehicle contract this is despite having to rebuild over a thousand one thousand of those eight wheeled armored vehicles due to wear and tear so clearly they were built well first time whirling talking with no bs no reason that we're only going to be the rope will get to be zero don't you worry now the department of health and human services they could have saved two point seven b. billion. talking point seven billion if they simply took the time to look at how much medicaid and medicare should have been paying for wholesale prescription drugs oh and let's not forget afghanistan boy oh boy where our government watchdog found almost two billion dollars in potential waste fraud and abuse now this includes the thirty four million dollar military facility built just last year that will be used and vacant building forty four million with nothing and finally and the most egregious and kind of embarrassing sent television however going to do it peanuts prompts a straight. from two thousand an

i talked about the stryker part. again, resulted the dod ig investigation. mr. arnold, could you give me any suggestions you might have asked to how dod can develop some sort of controls? i know we talked about the audit process and i absolutely agree we need to put some teeth into the process of forcing dod to do the audit. what about the tla itself? is the own internal ig is identified these as problems, what is there we can do? >> let me confess first volume is the co-author of the study that didn't work as much on the defense aspects of it. in terms of the real technical details, i would have to defer to my colleague who did a lot of work or perhaps some folks at perry. i don't know that i have an articulate answer for you. i apologize for that. i'd be happy to get to you after the hearing. >> no problem. ms. woo. >> in terms of the defense department, listed in the report consolidated foreign-language contracts, uniform design for the armed services for support services that are joint bases are consolidating management, these are all smaller things that can

after the close we'll hear from ebay, netflix and stryker.rday verizon, travelers and johnson & johnson earnings dragged the dow down off some 44 points. the dow is below down by 21 points or so. the nasdaq at the moment is on fair value. the s&p yesterday which was up some five points at the moment is just a smidgen below fair value so fairly slight, slightly down for u.s. markets. ftse to the slow session, turned lightly more negative in europe. flat for the if ftse 100. the big news out of the uk was the unemployment data making a surprise tick down to 7.1%. remember the bank of england said in the summer we have a threshold target of 7% before we consider changing monetary policy. we're there a year earlier than the bank of england potentially thought. the ftse is up 0.25%. >>> here at the european, the world economic forum here in davos, participants are being encouraged to think beyond the crisis, but the question is, are we really ready for that here in europe? just take a listen to what some of the participants have been telling cnbc

me to think that i have kids in my district who are going hungry and getters $909 for it of unused stryker parts sitting in a warehouse at the military paid for that couldn't use and continued to purchase but i'd like to sort of talk more about the dod and its process. this past year, my first year in congress, two things that happened that really sort of crystallized in my mind the waste that happens in dod, especially under the defense of logistics agency. one was a hearing in this very committee on the supremes would contract and that is the incorporation of supreme food services that provide under a sole contract authored in afghanistan for the last decade. and, in fact, have now been found to have overcharged the dod by $757 million for the food contract. they continue to get extension for the contract. in a noncompetitive award process. this is something that the dod ig itself discovered and brought to light. that i talked about this audit, result of the dod ig investigation. mr. arnold, could you give me any suggestions that you might have as to how dod can develop some sort of cont