escape your bankruptcy and repay your loans on the basis of more loans that come with strings attached trink your capacity to do to make an income so it's not a question of morality it's not a question a question whether you should know you shouldn't let us not forget that the only reason why capitalism grew wings and flew up and soared into the skies of the nineteenth century was because reintroduce the con the very interesting concept of limited liability in other words that bankrupt companies bankrupt and that these should be allowed to do to go bankrupt this is part of the capitalist process of renewal do you know why didn't go why didn't raise them go about just go bankrupt back then. it wasn't allowed to back in two thousand and ten for a very simple reason the french and the german banks where already bankrupt and they had just received that gigantic bailout from the german taxpayers and mrs merkel was not prepared to give them another bailout so in a sense she gave a bailout of the good state that money went to the good treasury and immediately back to the german to the french banks

escape your bankruptcy and repay your loans on the basis of more loans that come with strings attached trink your capacity to do to make an income so it's not a question of mortality it's not a question a question whether you should know you shouldn't let us not forget that the only reason why capitalism grew wings and flew up and soared into the skies of the nineteenth century was because we introduced the concept of the very interesting concept of limited liability in other words that bankrupt companies bankrupt and that these should be allowed to do to go bankrupt this is part of the capitalist process of renewal so why use why didn't why didn't raise them go about just go bankrupt back then. it wasn't allowed to back in two thousand and ten for a very simple reason the french and the german banks were already bankrupt and they had just received a gigantic bailout from the german taxpayers and mrs america was not prepared to give them another bailout so in a sense she gave a bailout of the good state that money went to the great treasury and immediately back to the german to the french ba

trink has been a model for commuter rail in terms of ptc, and i can't think of anyone better toask for the big challenges that you faced and also the advice you have after going through this process. >> thank you senator. it was a very difficult process. we started on it early on, but it was new technology, it was be developed real time with us with the contractors. we had to do a great deal of troubleshooting and training and retesting and validating. it took a great deal of time. i think my recognition -- recommendation is to start as soon as possible because you will confront unique challenges. i am pleased -- we would help any railroad in the country by sharing her experiences and bring our people to bear on them. we have been involved in the train association doing that and will continue to do it. >> part of getting started immediately is being aware at this funding available, i would presume, that is a key factor that might not be decisive, but without that, the availability of total funding it is very difficult to get started. is that fair? >> in los angeles we were 80% locally

i'm concerned that this is one of the gives that president trink he could put on the table. very concerned about that. duyeon: just to be absolutely clear. i can speak for everybody here that we all want peace. but the sequence is what's most important. there is a reason why in the six party talks, if you look at the negotiations and even the text, hey made it vague, but the discuss peace regime at an appropriate time and forum. the unwritten understanding for that was relevant parties can begin discussing this issue peace regime at includes the critical element of a peace treaty after the third phase called the dismantlement phase. after there was enough blueprint drawn up on what this might look like, then other relevant parties could start talking informally or formally about peace regime, peace treaty. that's where it's critically important. you want to have formal negotiations, peace negotiations, after enough dismantlement has already taken place. bruce: on the what does north korea want, a lot of what we're going against is what others are saying that north korea want