the current president of panama is the son fof torrijos who was there when the treaties got through. >> speaking of obsolescence was that ever part of the campaign that he brought up obsolescence one way or the another becoming a factor? >> it was a small factor. when the opponents of the treaty were arguing that it would be a desperate strategic loss to give it up, some of the proponents said it is not that much use anyway as far as the navy is concerned. i don't think it played a big role. one of the reasons the pentagon after a lot fof pushing and shoving from gerald ford agreed to go along with the treaty was that the pentagon concluded that it was not that essential to the defense of the nation. >> we certainly want to thank adam clymer for a fascinating evening. we are fortunate because this is one of the few opportunities to hear from adam clymer on his book as one who spent time in panama panama. it is a fascinating topic that goes back to teddy roosevelt and before. thank you very much. thank you all for being here and i encourage you to join us in the lobby where he will si

the revenue streaming in a failing to flow into state coffers it's a great story clean torrijos for tax evasion recent orders reveal seventy percent of businesses and some of the holiday islands refused to issue receipts tax offices a fed up with all the tricks and a toughening up their approach. on the greek island of santa rini a perfect summer is coming to a close perfect for a hotel is restaurants and store owners because tourist numbers have broken all records. over thirty million visitors in all of greece have boosted the economy which is experienced two quarters in a row of economic growth. the greeks are profiting from vacationers fears of the political situation in turkey. but while the greek tourist industry is booming and the cash registers are ringing very little of it reaches tax coffers so to help the businesses remember to pay their taxes the national revenue agency has begun to read those businesses. tax audits are happening everywhere this year tax investigators check the books and sometimes they shut the business down immediately if they decide to close you down during