u.s.-taiwan free trade agreement for 30 years. back in the '80s it was seen as way to balance the large trade surplus taiwan had with the u.s. pick was a means to leverage an opening of japanese market as market barriers and state-owned enterprises in japan led to foreign investment. taiwanese officials in attempt to appease concerns and congress of the growing trade deficit encourage its own self-initiated by american practices. this included taiwan adopting favorable measures to u.s. businesses, removal of terror and nontariff barriers and outright purchases of u.s. agricultural and additional products. of course in the past four years of strong economic relations are not enough for court officials to merit a free-trade agreement with taiwan, perhaps the last 13 years of dialogue and norms established that the u.s.-taiwan trade investment framework agreement they suffice. if that's not enough then the administration is looking more near-term transactional, i want to go to open up its market to u.s. beef and pork imports maybe one

u.s.-taiwan relations. and i extend a warm welcome to our speakers, panelists, and of course, to you, members of the audience. particularly want to offer my appreciation to the taiwan benevolent association of america, and the institutes for taiwan-american relations for partnering with us on today's program. this is only the most recent in our series of similar events which we have done with tbaa over the years. i know they've always been quite fruitful and i expect today's conversation to be no less so. if i may i'd like to say on a personal note that i first visited taiwan in 1969. and there have been a few changes since then. there was no metro when i first visit thread all of those days ago. and i've had the privilege of meeting and interviewing three taiwan presidents, including the honorable lee dong way. i'm among those americans who never forget the significant contributions of the republic of china during world war ii and then the cold war. you know, it is indeed a very interesting time in u.s.-tai

u.s.-taiwan relationship. coming up very shortly we will hosting our inaugural annual symposium on september 14th and this is going to be our flagship event. turnoutpecting a large of people within government as think-tankdemia and experts who are interested in taiwan. the purpose of thennual tesblh is relationship.e and sof you're not already registered, please do so on our website. we also have least where wehip program encourage taiwanese as well as americ schols who are interested to conduct field research itaiwan andsptilyoraine eylu cnsor and our advisor, one of our advisors, richard fisher, who is here today, and our verynot lst, important staff members at gti who make all our programs possible and they are... names]g very importan interns, as well. so as the fall semester kicks gear and if you haven't found an internship already i invite you to please apply. if not this semester then the next. begin today's program, let's start. so every five years, roughly around 2,000 party delegates of the chinese c

u.s.-taiwan relations. our live coverage begins at the heritage foundation at 1:30 p.m. eastern on c-span2. you can follow both events online at c-span.org or with the c-span radio app. fifthline from the bc's than swill mayor sentenced over protest. the court finding the mayor guilty of failing to provide -- prevent antigovernment protests. for other mayors have been found guilty of similar charges. up next we hear from two venezuelan democracy activists at a discussion hosted by the council on the americas.

u.s.-taiwan relations. our live coverage begins at the heritage foundation at 1:30 p.m. eastern on c-span2. you can follow both events online at c-span.org or with the c-span radio app. fifthline from the bc's than swill mayor sentenced over protest. the court finding the mayor guilty of failing to provide -- prevent antigovernment protests. for other mayors have been found guilty of similar charges. up next we hear from two venezuelan democracy activists at a discussion hosted by the council on the americas. >> hello everybody. i'm having meetings and i know you're going to be watching a couple of them. we have a lot of people here today and a loft subjects uncolluding north korea and venezuela and i think we're making tremendous head way. -- welcome to the council for the americas for the latest conversation on the venezuelas i had to run and get my reading glasses. >> so i have turned 50 years old and i'm not too proud to admit it. here we are. indeed. indeed. but thank you everyone for coming and what promises to be a timely conversation on a country of increasing co

coming up in a little over an hour, we will be live from the heritage foundation for a look at u.s. taiwan relations. that is live at 1:30 p.m. eastern on c-span2. until we get there, we will bring your conversation on the u.s. military role in syria. this was hosted by a number of dc-based organizations who are calling on the u.s. to remove all military aircraft from syrian airspace. >> good morning and welcome to this news conference. my name is norman, i am a cofounder and coordinator of the online group which is hosting this event today. roots action is a cosponsor of a petition campaign calling for no u.s. plans over serious. together with five other organizations, veterans for peace, daily coast, the nation magazine, world beyond war and watchdog.net. u.s. government began bombing syria nearly three years ago. that was back in september 2014. since then, the killing on many sides has continued unabated. meanwhile, during the past three years, tensions between the worlds to nuclear superpowers have escalated. they've escalated sharply. in the process, russia and the united states have

u.s.-taiwan relations, focus on shared interests.our live coverage begins on the heritage foundation on c-span2. you can follow both events online c-span.org or with the c-span radio app. up next, a conversation about the future of political parties. we'll hear from guy benson and other commentators. this event was a part of the world affairs

u.s.-taiwan relations, focus on shared interests. our live coverage begins on the heritage foundation on c-span2. you can follow both events online c-span.org or with the c-span radio app. up next, a conversation about the future of political parties. we'll hear from guy benson and other commentators. this event was a part of the world affairs conference hosted by the university of colorado. i am supposed to remind you again to turn off your cell phones. i want to introduce each panelist. this is a fabulous panel, you guys are so lucky. such a wide range of political ideology and experience and writing and authors and ambassadors and investigative journalists. i will go through a little bio on each of the panelists and then we will get started. sexton onrt with joe the very end, a senior editor at republican new york city, and independent nonprofit newsroom that produces investigative journalism in the public interest. the organization has won three: litzerses -- three pu prizes. i think they just want another one. before joining in

u.s.-taiwan relations, looking at shared interests. our live coverage begins on the heritage foundation at 1:30 p.m. eastern on c-span2. you can follow both events online at c-span.org or with the c-span radio app. next, a discussion with a left-leaning blog about upcoming elections, including next week's special election for a u.s. senate seat in alabama. this annual conference is held for all mine organizations, grassroots activists, and advocacy groups. dailycome to the elections q&a. this is our first time doing this panels since 2014, so we are incredibly thrilled to be back, and we are very grateful nationhosts at net roots and also, thank you very much for live streaming this session. we will be taking questions from the folks in the room and online. our twittert us to account and we will try to get to your questions as well. in the spirit of the blog is

u.s. from taiwan. it is tonight on c-span. president trump last night spoke at a rally and was virginia calling allegations into his administration's collusion with russia "a fabrication." joining the president was was virginia government does --ernor of yesterday governor who yesterday switched party affiliations from democrat republican. >> ♪ to the place i belong west virginia mountain momma west virginia mountain momma take me home country road all my memories gather round her miner's lady, stranger through blue waters dark and dusty painted on the sky misty taste of moon shine tear drop in my eye country road take me home to the to the place i belong west virginia mountain momma take me home country road i hear her voice in the morning hour she calls me the radio reminds me of my home far away driving down the road i get a feeling i should have been home yesterday yesterday ♪ [cheers and applause] president trump: thank you. thank you. [cheers and applause] president trump: i am thrilled to be back in the very, very beaut

u.s. from taiwan. here is a preview. you said i prepare so much more than some of my male colleagues. >> i didn't prepare too much today. it is been a pretty busy day. i want to do well. two listeners are kind to -- to tune in. i want them to feel it was worth their time to tune in and listen. i feel that way about everything i do. people are giving me their time and attention. i have a responsibility to justify their trust in me. i have always been so grateful to people who have trusted me, even though they have not have known me. i want to do my best for them. >> how do you prepare your own learning curve? labor, peace corps, now transportation? >> it is a matter of being thoughtful and considerate. come't like it when people unprepared. spend is sot you precious, if you see the secretary, you want her full attention. youwant her to know what are talking about. hopefully if the principle is well prepared the discussion can be richer, more meaningful, more productive and it will be a good use of the visitors time as wel

u.s.-taiwan relations. a panel of experts talked about the challenges and possibilities in expanding the economic relationship between the two nations. this panel discussion is one hour. >> we are going to start the panel pretty soon, and before we start the panel i would like to introduce our cosponsor, to say a few words before this event. [applause]

u.s. from taiwan. this interview is 30 minutes. host: elaine chao, what are your earliest memories of coming to the united states? ne: i came when i was eight years old as a young immigrant. i did not speak english. my father had come three years earlier. and he left us behind in asia because he did not have the money or documentation to bring us. so my mother and my two sisters and me stayed behind. my mother was seven months pregnant when he left for america. but he did not see his third child until she was three years old in america. we came aboard a ship. it was a 37 day ocean journey. and i remember going through the panama canal. wasan eight-year-old, it good fun, but i cannot imagine the trepidation and the anxiety that must have plagued my mother, who is the only woman on board the ship with three young girls, children. but you know, we were surrounded by love. secure parents who really looked out for us, so we never felt any want. host: dear member what you are thinking or what you thought when you landed in america? elain

call with the president of taiwan in which he suggested maybe if taiwan needs to be an independent country, then maybe it should. f u.s. supported efforts for taiwan to become independent, china would fight u.s. over that for sure. when you get to other territory, what about hong kong. and what this with the 20th anniversary of hong kong, hong kong has been having some strong impulses towards more rights for individuals. they don't like to have people telling them, what can i read or web sites can i go to and more democracy. no space for hong kong. when you get to the question of the south china sea, there is more ambiguity and claim this line with all the features of whether that counts as their sovereign territory or not, there is some ambiguity. xi lie: this is president with the quote i read to you earlier. we absolutely will not permit any person, any organization, any political party at any time in any form to separate any piece of china territory from china. that was pretty clear. >> very clear. charlie: right below is a story on u.s. trade. the trump administration is playing trade measures to force beijing to

call with the president of taiwan, in which he suggested, maybe if taiwan wants to be an independent country, maybe it should. if u.ssupported efforts for taiwan to become independent, i do not think any person believes that china would not fight the u.s. over that for sure. charlie: that is a central principle for them. graham: when you get to other territory, what about hong kong? if you watch this with the 20th anniversary of hong kong hong , kong has been having some strong impulses towards more rights for individuals. they don't like to have people telling them what websites i can go to, what can i read, and they want more democracy. but xi jinping said, forget about it. they will not have any space. when you get to the question of the south china sea, there is more ambiguity. they claim this line with all the features of whether that counts as their sovereign territory or not, there is some ambiguity. charlie: listen to this. this is xi jinping with a quote i read to you earlier. we absolutely will not permit any person, any organization, any political party at any time in any form to separate any piece of chi

is like china and taiwan. the u.s. basically says we know you guys have a problem. we are not going to allow you to solve it by force. we have one china. resolved, we are not would you talk about that now. if you attacknds, taiwan, we will attack taiwan, but taiwan understands, if you provoke china, we will not defend you. we are try to keep them from being a stripper is even as we are deterring china. this is sort of what china is saying to -- from being a stripper is, even as we are deterring china. this is sort of what china is saying to the u.s.. they are also saying to the u.s., don't start a crisis yourself. why the president is trying to act like we do what a crisis is very strange. what we want to send the messages north korea, we know you are an evil porcupine. we are not going to attack you. but if you come out of your little bungalow or den or try to send your quills anywhere near, we will basically wipe you off the face of the planet. and that which is a conditional act of deterrence, stay where you are -- we're not trying to change the status quo, but i

shanghai scheck and his nationalist forces had retreated to taiwan. the u.s. forces have become at the end of 1950 still made it -- alemated.l if you look at the national security papers, concrete threat perception to latin america had not changed. again, all of the varieties of assessments were that the soviet union posed no threat to latin america. nonetheless, the truman administration began to change it discourse when it came to latin america. the fear of an ascendant global communist conspiracy supplanted a commitment to democracy and social progress. not so much in action but more in words. we look at the papers, the memorandums of conversation, the national security analysis, you latinre of interpreting america through a global prism. the assistant secretary of state for latin america openly speculated in a speech in 1950 whether the united states could there to the oas charter in nonintervention principle. it was pointed out it was kind contradiction. suppose latin americans don't go along with the idea of collective defense? they would not if it final

president of the taiwan in which he suggested, well, maybe if taiwan wants to be an independent country, maybe it should. and that's-- if the u.s. supported efforts of taiwan to become independent, i don't think any person believes, china won't fight the u.s. over that for sure. for sure. >> rose: that's a central principle for them. >> right. so when you get to other territories, well, what about hong kong? if you watch recently with the 20th anniversary of hong kong, hong kong has been having some very strong impulses towards more rights for individuals. they don't like to have people telling them what websites can i go to? what i can read? and they even want to have more democracy. xi jinping said forget about it. so they're not going to have any space for hong kong. when you get to the question of the south china sea, there's a little bit more ambiguity. they claim this nine-dash line with all the features, whether that counts as their sovereign territory or not i think there is some ambiguity. >> rose: listen to this. here you have-- this is xi jinping where he's asserting the nation's sovereignty basically with the quote

taiwan, i don't think, despite some developments right after the election, i don't see a prospect for changing u.s. spoil toward taiwan or the mainland making that an issue. the key here is the economic interdependence and the ability to collaborate on a whole range of transnational issues. china, like the united states, is either part of every problem or must be a part of any solution. on climate change, on globalization, on demographic urbanization. it goes on. we really don't have any sensible prospect except to cooperate. i haven't got a clue which way r. trump wants to jump on this >> i have a suggestion. being a geologist and mostly because of that they say i have rocks in my head, but i'm hearing the idea of centers of rotation and so on and if we think about the world, looking at it from a distance and looking at the centers of influence everywhere, you're pointing out the three that are most obvious to us all today but what is it that changes the rotation? at disturbs an axis or rotation? somebody like a trump makes a lot of off the cuff notes that some people wonder about but that has an

u.s. as an immigrant from taiwan. this profile interview is 30 minutes.

we used to say that the taiwan thing could destroy chinese-u.s. relations. i think the taiwan thing is fine. i'm worried about north korea and a confrontation between china, the united states, and north korea. the last two administrations have tried to have a discreet conversation with china about the peninsula. china may be- ready for that conversation. but we have to have it. if we do not manage that issue correctly we could have a confrontation with china. >> obviously the relationship with china is not only the most complex but i would argue the most consequential bilateral relationship we have in the world. to do as steves said, when he was talking of russia. to maximize cooperation, manage competition, and avoid confrontation. here in the last several years we have managed to strike that balance well. , werely on climate change we able to find new areas of cooperation but on peacekeeping, on global health, on non- liberation nuclear security, there were a whole range of areas with painstaking and frustrating diplomacy and tom and i both spent a lot of o

we used to say the taiwan relationship could destroy u.s. china relations. i think the taiwan issue is pretty well-managed. it's manageable but i am worried about north korea. i'm worried about a confrontation between the united states and china and north korea. the last two administrations have both tried to have a discreet conversation with china about what we do on the peninsula. my instinct is china may be finally ready for that conversation, but we have to have it. if we don't manage that issue correctly, we could have a confrontation with china. >> tom. >> obviously the relationship , with china is not only the most complex but the most consequential bilateral relationship we have in the world. that requires us to do just as steve said when he was talking about russia, maximize cooperation where we can, manage competition, and avoid confrontation. i think in the last several years, we have managed to strike that balance white well. -- quite well. not only on climate change, but on peacekeeping, global public health, a whole range, nonproliferation, nucl

u.s. dollar terms in singapore, taiwan, south korea, philippines , indonesia not really. u.s. dollar terms. that's great. that's very nice. very diverse economies. crashong is a train waiting to happen, but we leave that aside. my spirit somebody says we can butcher money in the s&p or the nikkei, i will take you basically not. i would rather take the risk on something that is producing nearly double the value that these other guys are producing given that these are the guys who are significantly technically overvalued. angie: is in hong kong part of that equation? >> hong kong has three problems. it has three characteristics. the first means our interest rates are always there interest rates. the hong kong dollar has been ak, meaning what? it is about to hit 85. the bell rings and interest rates go up. the stock market is doing extremely well because we have had real negative interest rates in the last six years and it looks as if we will continue to have them because the americans are not going to increase. when you count the hung saying index in hong kong, it is the sam

u.s. economy is concerned? caller: well, near taiwan, pretty much everyone's allowed. it depends on what sort of job ou want to go for. if you're unskilled, there's a certain set of jobs you're allowed to get. if you have skills, then there are jobs you're allowed to get. i don't necessarily see something bad about restricting things, but restricting people, i do have a problem with that. host: what kind of work do you do in taiwan? caller: i teach english. host: how long have you been doing that? caller: almost 30 years now. host: so tell me, how are you listening to this program? caller: well, i used to listen over the short wave, but wasn'tly i've been listening over the internet -- but recently i've been listening over the internet. host: through the c-span website? caller: yes. host: great. brian joining us via the c-span website out of taiwan, giving his thoughts this morning on legal immigration. brian, thanks a lot for your contribution. brad up next, unityville, pennsylvania. caller: i think a better question would be is washington, d.c., good for our economy?

i think the way china sees it is taiwan is a part of china and it's something that the u.s. should not be selling arms to taiwan in the first place, so they see taiwan as something that's rightfully there. why in their perspective put pressure on north korea to give up something that's rightfully there in the first place. from our protect, it makes a lot of sense. yeah, we're going to give you back north taiwan. that's why it's important to study the chinese protect for people who work on this issue, you know, to spend more time in china and reading chinese materials because i'm not c convinced that a lot of people in the beltway are doing that. >> and on the the other side, they look at it. on my package, i didn't have a chance to layout the goodies up there. making explicit our implicit understanding that if china will not use force to integrate taiwan, that's are an apartment space. and moving on, time to correct this that couldn't cost much of anything, i'm going to add that to the pie. stop selling taiwan we shouldn't have in the first place. . >> all right, next questio

taiwan, for example? >> i don't think this is a major problem, really. u.s.aves, does the the ability to dramatically pick up in the production of the kind of electronic parts which these countries excel at i don't really think so. it is very much a dollar story. the asian currencies and on strong against the euro. not at all. i don't think this relative weakness of the u.s. dollar is really that much of a concern, at this stage. yousef: let's widen that out, klaus. stanley fischer will be giving a speech and we have taken a quote from the transcript. he talks about the impact of policy uncertainties, particularly the uncertainty on government policy and health care, and how that could delay projects until the policy environment clarifies. we have seen political drama at the white house. how much based do you have that we will see anything in terms of fiscal reform from this administration? >> i personally have extremely low faith in all of that. i think the failure of the republican party to push their health care reforms, something the republican party was

taiwan. they came back for refueling and planes from the ground when the japanese attack. u.s. forces which were not for a large and the dozens of planes were cut in half on the ground that day. they made an almost impossible challenge to defend against the japanese even more difficult after half the planes were gone. nobody has an answer as to why that happened. general macarthur has one, many others have other answers about why that may have been the case. as for as the woman fighting along with claire phillips, there were many. there mentioned in the book, one was another american, margaret who has been written about quite a bit. they were friends and rivals, an interesting relationship between the two. i have new information about peggy and the book based on her testimony at the court case in the u.s. court of claims. early on working with the red cross she was providing food, medicine, and she was a nurse to the men of petan. they work together often. there are many filipino women there were working and also testifying in mentioned in the book. as claire one point mentione

we saw some reaction in asia, from japan, korea, taiwan, all of those companies getting a boost in the action. we'll watch some u.s-- >> broadcom, jbl, avago, skyworks, anybody connected. >> to that ecosystem >>> shares of amc are tumbling after the company took down earnings expectations. landon dowdy has been following this one good morning >> shares of amc plummeting after the company previewed a dramatic quarterly loss, unveiled a cost reduction plan and issued disappointing guidance the theater chain doesn't release second quarter earnings until next week but expects a also of 1.34 to $1.36 a share, versus the one cent loss previously forecast. they expect revenues to come in at 1$1.2 billion, compared to 1.25 billion it expected and amc says they don't expect the third quarter to give relief to owners either this as the box office continues to nosedive, down 4.4% year over year the summer box office has not helped the case with flops such as "baywatch" and king arthur dragging down ticket sales look at the stock. shares of amc tanking 27% last night. down about 24% in early trading. >> thank you very much th

some did fly that day and some bombers went to now taiwan, came back for refueling and planes were on the ground with the japanese attack in the u.s. forces, which were not very large in the dozens of planes were cut in half on the ground that day and made an almost impossible challenge to defend against the chinese even more at difficult. nobody has an answer to why that happened. general macarthur has one he answers about why that might have been the case. as far as the women that were fighting along with claire phillips, there were many. we mentioned in the book one of course was another american, margaret e. kinski who's been about quite a bit. they were friends and rivals, very interesting relationship between the two of them. i have new information about peggy kinski in the book based on her testimony at the court case in the u.s. court of claims. she certainly early on looking at the red cross was providing food, medicine and herself as a nurse to the man and they work together often. there were many filipina women working with them, also testifying in mentioned in the book. i've claire at one point mentioned, giving much m

taiwan, south korea, singapore, and india. become a tech unicorn with the valuation of one billion u.s. dollars.fell -- muran fell.c ownership to 51% and commit to spending up to $20 billion by 2031. is the newester challenger as the richest person in the world. the 81-year-old is the founder of the company that is the parent of a fashion chain. this is bloomberg. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. yvonne: it is a: 30 in singapore. markets shrugging off from the geopolitical risk we see coming from north korea. betty: you're watching "bloomberg daybreak: asia." it feels like fall these days in new york. let's get to the first word news. >> the un security council has condemned north korea's latest missile launch as outrageous. the council met after pyongyang said launches w

taiwan and korean materials. effectively, they are living under the pricing umbrella of china. it is a great irony the u.s.focused on anti-dumping duties against china steel, when chinese steel companies have a record high margins. we have some very cyclicalit iss focused on anti-dumping duties sets. the other area i would highlight is chinese banks. you look at the free cash flow of the old economy in china, it has recovered very genetically from the lows of 2015. what does that mean? of chinese, old economy companies to pay their debts, has improved dramatically. we think one of the big value sectors investors should be very overweight in the second half of this year is chinese banks. betty: those are great sectors to take a look back -- take a look at. looking around the world, what do you think it is a emerging market that is perhaps under the radar, that others have not paid much attention to? we have been quite positive on markets such as chile, where positive political developments are going on. we think that will enable a re-rating. elsewhere, i have to say within em, our focus is into the larger e

taiwan in the cuban missile crisis was very real. the soviet missiles were on vote approaching cuba and the u.s. navy had to blockade.erence today has become so much more refined and greater in the biggest difference is the people wielding these weapons. some are suicidal. north korea is bankrupt and they can sell weaponry to people who are willing to die. connell: things move so, so fast today. to that point, the power of the presidency before i let you go. a number of suggestions, john hannah made this suggestion, but even before this north korea situation had come up and talked about with regard to health care, the piece in the journal sometime back that the president should turn to a noble office address and maybe now is the time to do it with this crisis with north korea and explain to the american people his thinking and a slower way that you can't do it in a quick full report or retreat or everything else. it is now the time for an oval office address or presidential address? >> now is the time. these are our survival and it's time for time warner and disney and abc and viacom, all these companies make their m

u.s. in more recent years. we are seeing the electronics sector because of the supply chain between south korea, taiwan, japan,s. there are selling more goods that they are buying for either to own consumption and components in their own manufacturing chains. this is a new and recurring theme, that there is an interregional trade that was not there in more recent years. that's a big part in terms of asia's maturing economy. ever since the election, or before the election we were as the about this theme u.s. retreats from global trade, we will see other trading partners. are we looking at greater partners of dealing with x u.s.? withdrewn the u.s. from tpp, there was a feeling that there would be an end to one of the region's biggest trade deal. they are carrying on without the u.s. they are getting that deal across the line. original deal, which china is a part of. that is still in the works. get their eu in japan trade deal last month. that has seen a major breakthrough. there are signs that both bilateral and multilateral trade deals are advancing. again, that is probably not what we thought when donald trum

u.s. was providing covert support for the community in the wee one thousand nine hundred eighty s. after they were kicked out of vietnam across the border into taiwan by the vietnamese military forces they also provided support for contra growers who were fighting to so very leftist governments in nicaragua and el salvador and central america and of course we provided over and covert support for the mujahideen in afghanistan in one thousand nine hundred two this is nothing new so it certainly is possible and what it does do is it an extra dimension to the us here strakes that were conducted against pro sitting government forces as they are pushed back in june of this year suggesting that rather than more to be by a desire to protect moderate rebels that the us was supporting at that time and they were carried with the desire to conceal the activities that have been described by the syrian rebel defector regarding providing arms to isis another selfie jihadi groups. have some breaking news for you this hour the u.s. has ordered russia to shut down its jets consulate general in san francisco now to other diplomatic entities in new york and washington

u.s.-taiwan relations. the event should be getting underway shortly. live coverage on c-span2. [inaudible conversations] [inaudible conversations] s. >> good afternoon. welcome to the heritage foundation, and our sayre are alice son oddem you're, we're pleased to welcome those on our heritage [organ