. ♪ ♪ ♪ ti >> i am the resurr and i am the life says the lord.as faith in me wi have life even though he died. so then whether we live or die . are the lord's possessi happy from now on are those who die in the lord. fso it says says the spir they rest from their labors. ready. step. forward. ♪ ♪ ♪ ♪ >> the lord be with you. >> also with you. >> let us pray. oh god whose mercys cannot be numbered, except our prayers on behalf of your servant george an and him an entrance into the land of light and joy in the fellowship of your saints through jesus christ our lord wh lives and reigns with you odand the holy spirit, one now and forever. amen.>> reading from the prophet isaiah. a ise, for darkness shall cover the earth and a thick darkness, the people's. ppt the lord will arise upon you and his glory willr over you. nations all come to your light and kings to the brightness of your dawn. lift up your eyes and look around. they all gather together. they come to you. your sons shall come from far wei away and your dahters shall be carried on the nurse

>>ti ies one couple. get away. you can get away, a little jaunt every 90 days. >> she continues to talk about love. >> i love writing. this is the magic i do for these people. >> wait, did somebody say love? >> he just proposed to her right here, that marriage proposal. >> that man taking the picture. everything came together full circle. >> yes. she's recording the video, she's got the stills. >> i'm waiting for her to go, here's my card if you need any coaching. >> that happens to be mike and lisa. she walks right up as mike was proposing. >> i'm lisa. >> you look gorgeous, first of all. >> what's your name? >> i'm teresa. >> i'm mike. >> mike and teresa. >> we caught your shot, i got the v canend i'm a l c a part of the story don't know, i hired a photographer but he's not here. >> no kidding. >> the photographer didn't show up. >> he did, but the universe provided. >> she was having a good old time walking around exploring the city when she stumbled on this couple in their special moment. you never know what yo

what do you think more independent i'm not saying completely independent or completely cutting the ties i was in office. as national security advisor to chancellor kohl. at the beginning rephrased to reveal a tough cold war to be in your country. and natal. this was a time of the top with quick decision and deploying. middle way and nuclear systems in europe and in your country and. even to areas that time retired it's hard. to tell the americans what the our interests are at that time because of the reagan was in office and for example chancellor kohl. who had to have washington to tell him. mr president our interest is that you should. again. summits with the soviet apartness that you should start controlling the arms reduction negotiations with the soviets that was our interest and vetoed the america and fortunately. three years later it worked in this you know the outcome where the far reaches controlling on certain actions agreement between your country. nato and your night it states therefore. the main over main interest is that we explain to your country and to the americans well o

to give dishrag i think i write it in small decorations that i tied to the bowl for example i use small christmas tree bubbles i think it gives a gift. i am definitely going to give that. one a try and with that we wrap up another week of your own mad thousand always from all of us here at the program here's to wishing you a wonderful holiday season we'll see against them.

the first ti i around, was younger, and i had less experience, and a lot of what they weres doing all new to me whereas now, most of what we're doing is familiar to me .and new to th so that's allowed a more balancd relationship, which i don't think i've taken advantage of, but i'veully embraced to make a cooperative partnership. >> so jaouary 7th, and your wife, ann, are going to leave. you're going to go to caloosa county, which is a much quieter existence than you've been used to. what are you going to miss? >> i'm not sure. when i left the last time, i didn't miss too much. when i left, i don't think iok back, what was deukmejian doing or what was the legislature oing? you on about your life. be inuary 24th, i'll washington to unveil the clock that is put out atomic scientists and they will tell us how close to midnight are we on the doomsday clock,ich means how close are we to the end of the world. that's important. hat's important work to try to wake people up. i hope to me with members of the senate and the house and get a greater awareness that we've got to deal with the nucle

one of the things that helps reduce reoffending is maintaining family ties. iunity to maintain those family ties, maintain links with their loved ones, because, when they are released, those relationships are going to be really important in keeping them on the straight and narrow. but the idea of making prison life more comfortable has been criticised by the conservative mp and former shadow home affairs minister andrew rossindell, who tweeted he thought the idea of being sent to jail was to punish criminals and take away their freedom and creature comforts. his comments, though, have been challenged by the prison governors association. we would disagree with prison being a place of punishment. the fact that you are sent to prison is the punishment. we shouldn't further punish people whilst in prison. 0ur role is to reduce reoffending, so that when they go back into the community, they are able to integrate and there is less chance of them reoffending. the authorities say that prisoners will only be able to call a few approved numbers and conversations can be m

good fortune o working for senator ron -- and turned on campaigns here and there but this is e first ti it of ran a campaign and had some real professional experience. so it was absolutely a learning curve. >> so going around during the campaign, what was the reaction yoerwere getting from long residents, your new and fresh faces but you look very young. did you have a lot of skepticism. >> we get a fair deal of that but we would generally find one knock on someone's door and gett half of t first -- you're only 22 and you want to represent me. we could talk to our neighbs about the issues affecting our neighborhoods, they were deeply receptive. >> what were you telling them.e what were issues part of your platform. >> the defining issues of our time here iny, berke especially our housing and homelessness. you could ask any candidate running for city c uncil in any district and that would be their answer. but we ran on a very specific twist on it too. because with a third of the population beingst ents, there is a different angle there that needs to be represents and needs to be accounted

i felt like it ows a blow. like a person's feelings andot ns got tied up a bit much and you would go that far to have my fedom taken away from me. i was hurt. >> i think he is the devil in person that he can sit and talk about god knowing what heid to me. he said he loved h me befor set me on fire. >> a look at what comes next, ahead at5:00. >>> moving , time w tiging away. >> tomorrow, so-called panic saturday? if you waited until now to shop, it's not too late to get great last-minute gifts for everyone on your list. >> plus, this young lady who jumped into the work force at 73. she won't to becom a school lunch hostess. >> i guess i'ves alw been ti . i have trouble getting up. >> we'll look at how this lady is still going strong in her 90s. >>> and i'm tracking two severe thunderstorm warnings. heads up er a history of hail. this could have extremely strong winds. t 60-mile-an-hour winds. t 60-mile-an-hour winds. heads up around reston ( ♪ ) male voice: here we go. lectronic beep) santa: ho, ho, ho, ho, ho, ho, ho! (electronic beep) aldi has everything you need to make magic this holiday season. p all at amazing

to get distracted by second reading and small decorations that i tied in a ball for example i use small christmas tree balls i think it gives a gift as a p.g. . i am definitely going to give that one a try and with that we wrap up another week of your own mags and always promote all of us here at the program here's the wishing you a wonderful holiday season we'll see against their. cool. ok you know this is you know five minutes four minutes. hasn't power and beauty combined. has it all. fits in the pantheon of the great tenors certainly he's one for the ages. because. how do you. sustain. discover the bauhaus you. start january thirteenth on t.w. . if you ever have to cover of a murder the best way is to make an accident raring to. never read a book like this or. missed the germs on the streets. where is home. when your family is scattered across the globe. with this is that you did recently that it was a journey back to the roots to get a minimal living. the shah's family from somalia to run. them what they did urgent assistance. global family starts january twenty first on t.w. . dee

i am certain that our ties will not be shaken by this matter. obal news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am jessica summers. this is bloomberg. haidi: theresa may is paying for time by calling on tuesdays brexit vote in the face of the almost certain defeat of her much criticized deal. instead, she is heading to the hague in berlin, seeking unspecified assurances from e.u. leaders. she gave no indication of what that means. asme minister may: as long we failed to get a deal, the risk of an accidental no deal increases. so the government will step up for thatin preparation potential outcome, and the cabinet will hold further discussions on it this week. haidi: our bloomberg senior international editor, jodi schneider, joins us now with the latest. she is going to seek assurances. isre is not much chance she going to better the deal because they'd recently said this is all you are going to get. jodi: that's right. the e.u. said at the time that the deal was negotiated with theresa may

after my five kids, i knew i didn't want any more of my own, so i got my tubes tied, but i still can and i can still produce and make these babies for people, and as long my body will allow it, i will continue to be a surrogate. i will make as many babies as i possibly can until it gives out on me. i am pregnant with a little girl. for me, i see a lot of americans surrogates, they get paid 60,000 to 120,000 just to get pregnant, where in canada we don't do that. we're not a baby machine or whatever they call it. soto me that made it that much more special. i live in a small town so i received a lot of negative feedback. you know, how could you give up that baby? you know, what are you going to do to your children? you know, you're giving up yourfamily life. and it's nine months. i don't have to worry about my period. yay! it's your body, it's your choice. there should not be anyone that dictates what you do to your body, even if it is your spouse, because i received a lot of negative comments from my spouse just because he is frustrated. he just doesn't understand. he doesn't underst

>>ecseexicoashe exrting ti i youhut do t bde y shut dow th cntry3 rct fro that sthernorr from lirn iod f biness a cotrtrish: will he? . >> he has before. i have to applaud the president for what he has done to negotiate with the president but he is keeping the asylum-seekers while the cases are heard. trish: thank you so much. the illegal immigrant that killed a california police officer, broke into our country through the arizona border the former governor is here tonight. why the ball must be built and why she says it won't. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? step up to the stage here. feeling good about that? let's see- most of you say lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the first type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease. jardiance significantly reduces the risk of dying from a cardiovascular event

martha and i tied. >> greg: i bet this is a really expensive. >> jesse: i won. >> dana: we would likeow what's in it. >> greg: brandy, rum-soaked dried cherries, raisins, candied citrus. try it on a cheese board or enjoy it as a festive dessert. no thank you. >> jesse: greg, that is my gift to you. >> greg: i am taking it home and i'm going to say i purchased it. >> jesse: because it has brandy in it. >> martha: you could have a fruitcake throwing contest. >> jesse: coming up, our annual secret santa gift exchange. but first, competition like you've never seen before. who will be crowned the gingerbread house building champion? find out next. i knew about the tremors. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinat

re the two tied >> i do not think they are tied exactly. o draghi is talking about more broad risks. i do not think he is reflecting the concerns about slowdown in france. i do not think he is necessarily reacting to anything. what mario draghi is reacting to is what every central banker is reacting to. the global slowdown. something could happen in credit or emerging markets and high volatility more generally. i think he is looking more external. but i think it has also got to be said, you are right to pick up on those political risks. talking aboutngs the euro over the course of the last couple years, you can't ignore political factors. you can't ignore what happened in 2017 with the friends presidential election. you can't ignore this year, the italian crisis. you can't ignore the fact that the euro is not going up despite the fact yields are moving in its favor. nejra: good to speak to you. i am out here at westminster. wish i were with you in the studio. marioeople interpreted draghi's comments as dovish. the euro gave up gains. we did

tis all i desire. did thou bring enough for the whole kingdom? george: nespresso, what else? ♪ [ding] [boxing bell ding] [applause] >> in the '90s, what we realized is advertisers would pay premiums for college educated young adults 18 to 49. we started reinventing nbc and trying to speak to that audience. >> where is someone? i'm starving. >> this is him right here. >> is there a table ready? >> the chinese restaurant was one of the very, very early episodes of "seinfeld." and truly nothing happened in the episode. they were waiting for a table. >> i feel like just walking over there and taking some food off of somebody's plate. >> we said to larry david, hey, like nothing happens. and larry was offended. he was like wildly offended. >> nbc believed in the show so they said we're committing to four episodes. >> yes, yeah, right. four episodes. >> normally it's 13 or eight or something. >> yes, at least. >> we really didn't think they had too much confidence in the show. >> we didn't think it would work, but we thought they had to go through their process and they would learn

wants to look at privileges and immunity ties, to the sameme conclusion. >> i think the answer is yes, but you have to take into and this is the methodology of mcdonald, you have to take into account the history and traditions of the right being claimed. the right being claimed here is a right of proportionality. the court has to grapple with that history, which is really not seriously contested. to --as never subject >> whatever the excessive fines clause guarantees -- we can scope and ints rem, but whatever it in fact is, states,es against the right? >> well, again, that depends. incorporation cases took place in, like, the 1940's. are in 2018 still litigating incorporation the bill of rights. really? general. >> i think what you have to take into account, though, is the history. take into account all the history. the in rem history. the clause, why do you have to take into account all the history to pick up on the other question? >> is it just too late in the day to argue that any of the bill of rights is not incorporated? >> the court has never incorporated a right against the sta

is he trying to say here the republicans' hands are tied? >> i think everybody feels like their hands are tied but nobody comes out looking great here. you have nancy pelosi right now vacationing in hawaii when we're hearing stories about federal workers worrying about how to pay their bills. but let's face it, the democrats have the upper hand here, donald trump said publically in his famous meeting, i would be proud to shut down the government for the border wall. so it's very hard for president trump now to paint this as a democrats' problem. i have to say, with the small bit of negotiation we've had, the white house keeps coming down, originally they demanded 5.7 billion for a border wall. i heard mike pence in the latest negotiation, which was a few days ago, said -- >> 2.5. >> 2.5 billion, exactly. and the democrats are saying no. i think they think they can do better. let's face it, the senate voted n unanimously right before the shutdown for a bill that would fund the government through february 8th with no wall at all. once that happened

five kids i didn't want any more of my own, so five kids i didn't want any more of my own, so i got my tubes tiedill can be a surrogate, and i can still produce and make these babies for people, and as long my body will allow it, i will be a surrogate. i will make as many babies as i possibly can until he gives out on me. —— until it gives out on me. i am pregnant with a little girl. for me, i see a lot of americans surrogates, they get paid 16- americans surrogates, they get paid 16 - 120,000 just to americans surrogates, they get paid 16 — 120,000 just to get pregnant, where in canada we don't do it. so to me that is more special. —— 60,000 to 120,000 just to get pregnant... you know receive feedback how could you give up that baby? what are you going to do to your children? you're giving up your life for your, you're giving up your family life, and it's nine months. i don't have to worry about my period. it's your body, it's your choice. there should not be anyone that takes which you do to your body, evenif takes which you do to your body, even if it is your spouse, because i received a lot o

she doesn't need to take your advice, just like she didn't need to [ bleep ] have her tubes tied. iur room. that was the only negative thing that was said the whole night. >> reporter: now, he says, he goes into the walk-in closet to change his clothes. >> i was standing right there. >> reporter: at one point he even sketches out where he was as ashley enters. >> she's going, i'll [ bleep ] do what i want and i said, fine. do whatever you want. i was pissed. i probably said, do whatever the [ bleep ] you want. >> reporter: he says they're on opposite sides of the bed in the tiny room. tom, still lashing out at her from inside that closet. >> i did swear at her. i did tell her go [ bleep ] do whatever the [ bleep ] you want of that bed.says, he can't real her. but he can hear her cocking a gun. >> she has a 9-millimeter taurus and she keeps it under her mattress. >> reporter: and he says, suddenly, without any warning whatsoever. >> i looked out and i was like, what are you doing? and before i even had a chance to finish my sentence or close the door, there was smoke. i heard it. and

then the fifth round is the showdown, both teams give the .same clue at the same ti i will go first,oing? this way? >> jimmy: yeah, you're on that side. all right now. here we go. come on. we got this. what numbe[ guys? dience shouting numbers ] >> jimmy: wow, everyone just said "three." "three!" everyone's like, "yeah, okay, cool, three." >> okay, okay. telepathy, jimmy. telepathy.we >> jimmy: ot this. >> we got this. >> jimmy: we got this, pardsy. let's go. ready? >> yeah. is it a song? >> jimmy: yes. >> it's a song.my >> jokay. >> okay, three words. okay. first word, baby. okay. third word. "baby got back." >> jimmy: yes, that's coect! ♪ [ cheers and applause ] >> you want to go first? yeah, you go first. that was too easy. >> jimmy: alessia, no, alessia, yore up first. >> oh, i have to go first? oh, okay. [ audience shouting numbers ] >> seven? seven! >> going for lucky number seven? i feel like i'm on, like -- >> jimmy: "the tonight show." no, i don't want this one. i don't want this one. >> jimmy: alessia, you have to do it. [ light laughter ] >> i don't want this one. >> jimmy

my brain still works, i am not tied into that. i have not scored commercial opportunities. runink it is important to through the finish line. if you have one foot in and one foot out you are asking for trouble. come january 5, it will be a complete blank canvas and i will forget all of that. >> you ran back in 1994, why? rep. sanford: by was worried about debt and government spending. i am still worried about the debt deficit and government spending and its implications for republicans. >> it is worse today. rep. sanford: much. >> why? 1992 unford: at least in had them out there talking about , look at these numbers, look at these numbers, it was at least an awareness. it was at least given lip service. that weremmissions set up at that time where people looked in detail. we have the mathematica nondrug. the three-month -- the three monkeys, see no evil, hear no evil, speak no evil in relations to the debt deficit. that is really frightening given the implications of our lives. in terms of inflation, the value of the dollar, ultimately, the work of everything we have to dat

i cut ties with the i talk about china but i know i. know i. was kind of missile domestic language must not be tolerated. during prime minister's question time to eight i referred to those who i believe were seeking to turn the debate about the national crisis facing our country into account in mind as stupid people i miss is big to ignore use the word stupid woman about the problem is still or anyone else i'm completely opposed to the use of sexist old misogynist language in absolutely any form. it doesn't look like stupid woman to me i can see stupid but not woman. look. i look. look. up all the top stories from the last seven days in the weekly mail harvey will take over and around thirty minutes time but stay tuned for wife i refuse. a lot of people like to use the word electro small very good analogy but when we have cell towers on every to every big building when we are going to put these five g. generators on every light pole on every street it is certainly electro small and it's getting worse. my world became smaller and smaller and sma

one of the things that helps reduce reoffending is maintaining family ties. and iant that we allow prisoners the opportunity to maintain those family ties, maintain links with their loved ones, because when they're released, those relationships are going to be really important in keeping them on the straight and narrow. we can speak now to andrea albutt, president of the prison governors association. she's has been a governor at a number of prisons. thanks very much indeed for talking to us. is this a good idea? yes, absolutely. the prison governors association will be behind this project. just as david gauke said, research shows that if prisoners are able to maintain family ties, contact their loved ones, it will help to reduce reoffending. there are some concerns raised about this. conservative mps, andrew rossendale, for example, saying that prisons are supposed to be places where people go for punishment. part of that should be about losing some of their creature comforts. that this will make prison less of a deterrent? well, we would disagree with prison being

i. cut ties with the i talk about you. know.this kind of missile domestic language must not be tolerated. during prime minister's question time to date i referred to those who i believe were seeking to turn the debate about the national crisis facing our country into account in mind as stupid people i misspeak i did not use the words stupid woman about the problem is still or anyone else and i am completely opposed to the use of sexist or misogynist language in absolutely any form. it doesn't look like stupid woman to me i can see stupid but not woman.

ti i think there was alarm after the firing of f.b.i.ector comey, but there was pani bipartisan, non-parents panic in this city, the country and the world when generajim mattis left as secretary of defense. i mean, he was seen, and i think rightfly so, as the thoughtful, well-read, well-prepared, country-before-self leader who believed in reciprocal burden d benefits to the united states with other countries and was fighting that cause and had some influence on donald trump, but left on his own terms. >> woodruff: and we talked about thiearlr in the program with some of our other guests, leon panetta, richard haass, senator rubio, michael,oe but whatthis say about this president that at this stage, two years in, he and james mattis are separating?ta >> iked with a non-histrionic member of -- republican member of the senate today who said twice during the course of our conversation,we are in peril, we are in peril. some of the reason is because all of our allies did rely on him to provide the intel is the president serious abouthe attacks

i was scared to death. they wanted to send me to the middle east all the time. my experience was as someone who had ties with the italian government. understood why. if they were so shady. the first time i did the interview for the job, i didn't know george. you know a guy with your same background is advising on the trump pain -- campaign. when he reached out to me on linkedin i thought that is the guy. mr. papadopoulos:

tis all i desire. did thou bring enough for the whole kingdom? george: nespresso, what else?vening news." for me, it's a moment for which i long have planned but which nevertheless comes with some sadness. for almost two decades, after all, we've been meeting like this in the evenings, and i'll miss that. and that's the way it is, friday, march 6, 1981. i'll be away on assignment and dan rather will be sitting in here for the next few years. good night. >> uncle walter had dominated, certainly cbs, but in a way, the country. people used to say he was the most trusted man in the country. >> once walter cronkite retires, all three network news anchors within a period of a couple years, switch over to a new generation. the '80s may have been the last gasp where people watching the media liked and trusted the media. >> nuclear arms and how to prevent global destruction are expected to be the major topic of president reagan's news conference tonight. that conference will be nationally televised within the hour. leslie stahl is at the white house. >> the white house is hoping that

be a guess i tied back back to the table january were ordered one why what in order to get ten apps.talks that's out to a total. it is it is intrigue regional health. yeah. the mai mai lan l'espace like clinical nichols. in a remarkable success stories in the final i'll talk to read this is it is on sunday group. moving the la nasa. the rooms not on i have a by fresh virtuels you and that have your in union la les fournisseurs during to build the laws. and leading the rat rats while daddy daddy the credit that had a had a fait from all packed it's just amazing awesome gentille is easy. to only a small screen reader. la saves and run a wrestling to laptop [inaudible] the rest [inaudible] fresh. finally nine five point four eight six million your your initiation the united out i'm reference the job job s'excite take hate fifi is. the only analogy. looks looks. so the only all. instances as as a choosing ses did. not selling going on like to like to stroke from down down down down sense and it's france online national. still self really really four one only one nine days saying. to get

my brain still works, i am not tied into that. i have not scored commercial opportunities. runink it is important to through the finish line. if you have one foot in and one foot

ties also shows i think of their life you can judge and also your entire country does the opposition stand a chance against can be as proud to say i turn a we don't know exactly they have a chance i think the wise would be maybe to wait for their oficial result we'd be given credible collation around six don't generate but for the moment let's wait and see words how the election we go and what should be the result and when can we expect those results the results of fission results expected for the sake of generating but some of the people say maybe two more all that they asked that we can have an official. results but. it will be shown moment speaks of generally. the days when the bahai reporting from kinshasa thank you thank you. now on to the other election we're following bangladesh national t.v. has declared prime minister shaikh has a nice has seen his excuse me a link winner of parliamentary elections but the opposition is calling foul thousands of opposition candidates pulled out of their races amid allegations of vote tampering and intimidation and the leader of the oppositio

. >> talking about the impact on japan, france ties, i held many meetings with president macron and weceeded in expanding our close cooperation in rather broad areas, including diplomacy, economy, culture and security. i am certain that our ties will not be shaken be any matter. paul: global news 24 hours a ay, on air and attic tock on twitter. powered many -- in more than 120 countries. i'm paul allen in is bloomberg. >> paul, thank you in roughly about 90 minutes from now, we get the markets open in mumbai. it's not looking good. let's go to our bloomberg reporter standing by in mumbai for us. the governor's resignation has obviously jolted markets. we mentioned about the early indicators. what's the position as we open here today? >> you guys are right and what a day it's going to be. it's going to be a long run ahead. you have these election results coming out, any which way is going to cause a lot of volatility in the market. and after that, is the issued resignation of the r.b.i. governor in yesterday's session. a lot of concerns building around the speculation about why at the t

the power that scott it's more but then actual really be on the scene security worries or is all tied in. i believe that is more much more to do with the size of the company and i mean otherwise you know that timing in this topic with the trade negotiations and the building trade or is is a hint to where the problem. really lies america is now a power both militarily and economically on the descendant and china is on the ascendant so america will try to do everything possible to slow down china's inevitable price and it's going to be putting pressure on allies first just as canada responded to the call when by arresting who are always c.f.o. . europe on the other hand is going to have much more difficulty in following canada's. precedence because for one thing we've got a number of new initiatives to read initiatives from china including a railway linking beijing to paris and so trade is going to be much faster much maybe to see the systems go from germany alison to begin to leave it there is a whole program we could do about this just officially of course so why denying having any ties to

michael: well, they're not wearing ties to work. i clocks set on new york time, so when you came in, at 4:00, it said 7:00. psychologically gives you a boost. david: you have to get up at 2:00 to do that. michael: mmm, 3:00. [laughter] david: ok. michael: but then at 4:00, you set them back to l.a. time and you get your second wind. david: if someone wants to start a new company, they had to come to somebody like you and you would give them high-yield bonds. can you explain how you invented high-yield bonds for people to get new companies off the ground as opposed to traditional today venture capital? michael: i would take you back to 1974. so, what happened in 1974? the banking system had to save itself. growth companies, they were denied capital in this period of time. and therefore, once you saw the performance, the decision was you don't want to rely on your financial institution for access to capital. and so to de-risk america, to de-risk the entire system, you want to have 10,000, 100,000 institutions like carlisle who could inv