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Capital, capitol, and i think he will win, and i think he thinks hes going to win. This may be the way Forward Command if you do this, if he succeeds so much is at stake. If he succeeds succeeds and has a huge Successful Stock Exchange and know the people who work for him all of them were young and entrepreneurial, Venture Capital pours in the do it again and again and again, and then all you require really at that. Is for the regulators or legislatures not to get in the way of successful entrepreneurship and possibly introduce transparency to the marketplace so customers can make informed decisions. It is fixed. There is a path toward a marketbased solution. That that is what is at stake because precisely what you said is true. If the sec. Permitted the growth of many competing exchanges because it felt that competition without exchanges was good. Why did they not also at the same time allow investors to choose which exchange they wanted. The truth is, there is a rule that allows investors to insist on where orders go the rules are being broken. You read about this. The rules are in place. Investors are not exercising their rights. They rights. They have no history of it. They never ask. It is hard for them to find out. It is how it is directed. It is a problem, more of a problem. It was radical. They have never done it before. The banks super furious, but they are doing it. Now it is a matter matter of rules being enforced. A final question. After what you just said i can see how you could get turned around. Therefore, how would you rank this against Something Like the libor scandal, scams that j. P. Morgan does, they get the big contract. The other thing about this story, it is a piece with the spirit of the age of the financial market. Everywhere you look markets are getting raped. The Foreign Exchange is Foreign Exchange at exchange rigging scandal. Commodities trading scandals so heavily manipulated partly because they can but partly because the historic sources of revenue for wall street have dried up, and style has been cramped. Part of it is response to survival instinct in being banks and individual predators in the banks, and this is the same thing playing out in the stock market. And i think that is why it is happening. Basically technology has reduced the natural played by wall street historically. One of the things that you do is rigged markets. On that note. [applauding] thank you very much. Was going steve forbes and elizabeth ames, economic troubles. Later a look at the rise of highfrequency traders in the stock market with michael lewis. Wednesday books about president s. First, the roosevelts, an intimate history. James madison, and that 9 45 pm former pres. George w. Bush with a a book about former president George Herbert walker bush, portrait of my father. Wednesday a a discussion of how religion affects decisionmaking at the supreme court. I would say that in the hobby lobby case having to do with the private business refusing to provide contraceptive Health Coverage for female employees, i would say that Justice Alitos opinion in that case very much was influenced by his religious preferences. To accept the notion, the corporation which is an artificial, some religious belief system aside from being pretty close to ludicrous, it is highly debatable in terms of social philosophy. I do think that the justice went into the case believing that corporations because they are in some sense people we will probably are capable of absolving the religious preferences and value systems of their owners. A look a look at how religion affects decisionmaking at the supreme court. They discuss the issue at an event hosted by the museum in washington at 9 05 p. M. Eastern. In her book factory man, virginiabased Basset Furniture Company and its decision not to move production offshore. During this during this event she appears with the main character in the book. [applauding] thank you, aaron, and thank you all for joining us here tonight at st. Johns. Boty and john bassett who have both graciously agreed to stay for questions and sign books after the talk. Note cards have been placed in every seat, at lease the first 200 before we filled in the rest of the room. Ushers will collect the questions in baskets at the break just before the q a starts. At this point, id like to welcome john bassett iii to st. Johns. [applause] looking forward to hearing from you tonight, sir. Id also particularly like to welcome any folks who are here from henry county, bassett, and galax, i think you all share the spotlight in this as well. I could tell you about all of the amazing awards that beth macy has won for her writing, hello, anymoran fellow. But the real mark of her gift as a journalist shines in a simple question how many of you remember a specific beth macy story . By a show of hands, how many of you remember young selena, who made it to harvard with the whole community of the Library Patrons cheering her on. [applause] or beths awardwinning stories about the Somali Refugees that were coming to live in our community, where the children were going do bus stops where 12 languages were spoken. Or her series. Teen mothers. Or how families were navigating care giving for elderly loved ones 0, are maybe what comes to mind is one of her food columns that, now covered in grease staines, instruct you maybe how to make this is from 2005. Yall remember friends of bill . I bet here with us tonight we have lot of ibb, interviewed by beth. And we were lucky because we knew that our story would be in good hands. Beth has lived in roanoke since 1989, when she met her moved husband, and has two children, rod and max. She works for the Roanoke Times telling stories about us that have helped us know each other bert than we know ourselves. You know that journalists are supposed to be objective. But beth credits fellow journalist, mary bishop, who i think is here tonight [applause] beth credits her with telling her its okay to care about at the people youre interviewing and care about their story. This isnt a religion book but is rife with stories that resonate in this church setting. Stories about doing the right thing regardless of cost. Stories about real human beings, and their all too human frailties. And when they did and didnt treat each other with grace and humility, yes, this book is about what is related to whom and big industry and 1930s trade tariffs, but most of all, this book is about what it means to live in communities. So, please, join me in welcoming beth macy. [applause] wow. Im already tearing up. Thats not good for you. So, im going to read three passage and read a little from the beginning and then im going to read a little from the end, and then im going to read a little from the middle, which is weird, but its a good entree to introducing you to john. Im going to start with chapter one, the tipoff. Theres a prologue that precedes it, and its about the kind of watershed moment in 200 wh epicene said and is a watershed moment in 2002 to find who is making these individuals threatening to bring be in a straight down. And it would become the Worlds Largest petition progress. And so that comes before this and this is why im telling you how i found the story. Because in laying out all of the threads of the book, i was really driven initially by the question of what happened to all those people who lost their jobs. Half of the workforce was displaced. Where did they go . What happened to them . And the second driving question, was there another way . And a friend of mine helped me a lot, she lives in washington and she said its just so wonderful. You can find this amazing story that goes all the way to china and back. And the guy is still alive. [laughter] and its like living history. Wants in a reporters career, one is very lucky. A person like this comes along. He is inspirational, hes a good old boy from rural virginia, a largerthanlife rule breaker who has stood almost singlehandedly against the outflow of jobs from america. [bleep] and i made certain that it was okay that i say that. And so more than one of us said that. When they heard i was writing a book about localization, over the course of researching this book and hearing as many lectures and listening to them a big my question, like telling the same stories over and over, there were times when i agreed. When i first heard about him in virginia about a few miles away from my home in roanoke, virginia. He owns the virginia furniture market and begin driving at the same time. Right now as i type im sitting in a paisley recliner that my husband and i still fight over because of the company a seat in our 1926 american foursquare. I remember him showing it to me rocking it back and forth despite what i may have heard about made in china furniture, a swarm of High School Wrestlers would not fall apart. And with the Friendly Neighbor to discount, i invited him to pick his brain and i was working on this on the impact of globalization and articles that were inspired by the work of freelance photographer who had been making this hourlong threat three times a week for more than a year. And a Conveyor Belt converted for the food pantry, a disabled minister named leonard in his kitchen in the middle of the afternoon. And the people of henry county or refreshingly open about what would happen to them. And he wondered why we didnt do more to document the effects of globalization in the world. Not that any other Media Outlets have done any better. According to a Research Center survey, it was largely being covered from the top down, primarily from the perspective of the obama administration. It featured real and ordinary people and displaced workers just 2 . If these people wanted their stories to be heard, we were going to have to help. It would be up to writers and photographers like us to paint the long picture of what had happened and workers were paid a fraction from what others were earning. Some 20,000 people have lost their jobs. In the early 60s martinsville was their manufacturing powerhouse known for being home to more millionaires per capita than anywhere in the country. But by 2915th of the towns labor forces were unemployed and many of them had fled. He was now the longterm unemployment and a week before breakfast this furniture plant had burned to the ground. The 34yearold henry county man had been trying to salvage this copper electrical pacing to sell on the black market and this was visible in his police mug shot. There were many similar stories on the prime roster and a stranger approached one woman that i know outside of a cvs pharmacy and she signed for the purchase of the cold medicine, which was the main ingredient used in making methamphetamines. Most people were scraping by in legal ways, babysitting, working parttime at walmart, the director told me he could talk about what people used to do for work by their disfigurement. And the men who did this were missing fingers. We are the last resort to lies. But jewell explained there was a smalltown about 70 miles away who managed to buck the trend, he was from the family that had once owned the Largest Furniture operation in the world. And yes, he was from that family on the back of so many americans. And the story of how he fought against the tides of globalization work load legal and political intrigue and judging from what he told me about the asian competitors, he imitated the booming voice and the experts were going to tell him how to make furniture. But there was another even juicier story. He was no longer living in this eponymous company, he had been booted out of the Family Business a domineering relative in three decades later the family still had local tongues wagging with the talk of this fight scene and my favorite details like something out of dynasty. [applause] and was any of it true . And what did the family inside it had to say . What are the family infighting has to do with giving this to the lure of easy money overseas . And im just going to skip ahead to the very end of that chapter so that when i read the end it will make more sense. The moment i heard that there was a Company Owner that took on big business and the peoples republic of china, he not only kept the small factory going but managed to turn it into the largest factory in america and so i got on the highway to meet this. I already mapped out his insanely twisted family tree and already called around to get the scoop about this family feud. And i heard ari introduced several workers who were laid off not long after they showed up to take pictures of the Virginia Assembly line. One woman described her knees shot from decades of standing on concrete floors and wondering what were all those Little People doing at work today. And i are the new that he was grooming this to take over. And both returned after Business School to help save the family company. A Furniture Store owner described to me how globalization took a 70 bite out of his business, a store that used to be frequented by people that work in the henry county furniture plant. Thomasons father had worked down the road and his mother down another road, a sprawling plant started by marshall fields. And now the site of a Weekly Community as well. Frequented by retirees, a photograph displays a stack of towels. It was no longer a part of this, as rain was in itself is in bedroom suits. And so with his determination he probably couldve kept some of this is part of the company. I have interviewed scores of people who have said essentially the same thing. He knew all about this Covert Mission in the story he had been reared to run. But with any of them, would they open up to me about these ends . Would he reveal what it feels like with this chip on his shoulder and wouldnt tell me the real story . And with the people who grew up being bold enough to spill the beans . You dont even realize what kind of spider web you have going, a man who worked for years under his motherinlaw and bob stillman. Saying that this would seem like a 10cent novel compared to a spider web. But lucky for you the scorpion is already dead. John comes from imposing family of multimillionaires whose ancestors signed the magna carta that no matter what one should always keep the family secrets where they belong, in the closet. What secrets would he tell me, the daughter of a former factory worker . And this includes those who gave me their elderly mothers phone number in the context. And two others were described to races only daughter that she could find as a receptionist. I recalled receiving full Financial Aid because my mom made just 8000 per year plus driving cars or honda subcontractor. It was a party she was helping decatur which he said it literally made her gasp. This is the only way i could get there to crawl on my belly like a snake and i would do it. And i was a long shot whether he was ready to admit it or not. And with any luck at all he would help me explain this secured his piece to smart phones to the logs to asia and then trying to return months later and he was just starting the business and his birth in 1937, he was born during this epic flood and i dont think he had told me about it. And its like yeah, there were all kinds of this really great things going on. Just things that i heard about and it was sort of a precursor and even the story that i heard about that and what was it looking like. And it was a really key moment that i knew that we could build a book around. And last week i was talking on the phone with doug about this. He is the sweet one of the three. And so i really like doug. [laughter] and i thought, he was really in for it. [laughter] so its in my book. And then i got a little bit of character as well. [applause] so you have to remember that i have been over this story 30 times and we have a translator from taiwan who is at a high point and shes a woman. [laughter] and i had an interview and they had all downloaded it and i said, would what are you trying to tell me about this. And they said it was really cool. And he said the way that it they said it. And its like, what . Smoking . And you didnt tell me . [laughter] and so i said when we get off the phone i want you to go get your dad. And so when i wrote my book posole became a chapter outline for 27 chapters in the 27 chapter was going to be about this great moment in 2012 that i was actually able to witness, again in 2010 and resulted in american manufacturers and many had homes that john actually put it related to the and so there was a great kind of story where he says to me over the end if you had never been with a woman down the street, you dont have to drag that. [laughter] and so he had never done this, but now he was in a place to go. So that was going to be a great triumph of moment in the book and i knew that thats the way it was going to be, the end. And then one day i spent a lot of time and i hung out there for weeks at a time and one of the things that i noticed was the abandoned factories was part of this industry. It made lowend furniture really profitable. And the community is really proud of it and that includes beer lines or speed lines and they even have a word to describe the Conveyor Belt. And so then one day a friend called and said that they were on fire. So it was as if we had talked about it being a funeral for anyone that you knew. So that was part of this. And in the very last scene, i will just read it to you that when this happens, i found myself driving back and i knew that what he had done was an outlier in the industry and in the business and just in general what had happened was the story that had happened in so many other little towns. And i knew i had to end with those individuals there. And i wont read the whole thing. But one of my last trips, i finally went there whose family had landed in town shortly after the companys founder got his start. He was the one who flipped the switch on this boiler. And more than anyone i interviewed, they wanted me to get the story exactly right to honor the workers as well as the pioneers, its history every time they been up against an uncomfortable truth that was 70 years old and was volunteering even though she officially retired a year with lower. And that includes volunteers for hungry researchers and reporters alike. It was nre who wrote the history of mary hunter and the namesake of Mary Hunter Elementary School when she was in the seventh grade and she was the founder of jd and his wife pocahontas. And she had interviewed her for the project. Nearing 90 at the time she was part of the christmas dinners and she liked to place a walker that her grandchildren insisted she used in her inside her wheelbarrow. That way the kids paid a surprise visit and usually he never guiltily without handing her a little piece of money. And this includes tiny hillside trailers that astonishingly has been a part of this. It takes patience and if one is very lucky, the benefit of someone like that. Months after months and layer after layer helped me to really see the effects of localization, down through the streetlights to eliminate this at night. Ever since then they stopped providing this lighting and they have solicited donations at a cost of 720 per year. So some businesses gave up and had their lights removed. When i finally got around, i had already seen it from a disparate set of passengers. And he still prefers driving over riding after all of these years. And i stood atop the roof of my car while they clutch my ankles to keep me from falling with my camera under the Railroad Tracks and there were medical records Storage Facilities by an old classmate and then he went to the morning release. He also ran clothing banks out of the school. And it still leaves with a coven of symbol, the clock is no longer made in ridgway, they are made in china like everything else. Halfway to the destination he was next to the recycling center and i had been wanting to see her great for a month. She waited in her car while i walked along the headstones. And she had not quite been three years old when she died in 1920. Gone but not forgotten red her headstone covered in vines and sticks. And i thought of so many workers and the promise of the afterlife. These late on the henry county quotations. By 1920 he was a furniture worker who lived in a farmhouse. I realize i probably had already seen his photos and the oldtime picture. He was likely one of the black man standing in the back wearing overalls and holding a hat. He was undignified with this at the top and it said earth has no sorrow at having cannot feel. And it was a glorious made a and we watched them fishing in the river. We found our destination across from a ridge overlooking the town and ferguson was about to get on this. He was an undertaker. It was his job to put what was left of it on the ground. It had ardea called nearby some 45,000 individuals in all so that a landowner could use it in the rough end of this would be to extend this long. And of course if you told people about that 10 years ago, they wouldve said you were a complete fool. And this would be found as a party happened at this site. Rob stillman said he wasnt sure what we would do. And that includes individuals being allowed to hold a weekly Farmers Market with a historic festival of heritage. Perhaps the one land was in proximity that would tie into this system. Maybe we could make it a little cool destination someday and usage tell our little stories, reminding me of one of the Foundation Economic development mantras that you cant move the river to china. In two weeks later i found myself in this. There had been a drenching rain the week before and i floated on us for about 30 seconds before my vote had been dismissed in a gentle paddle that turned into Whitewater Rafting and he named the band and factories that were still standing. He pointed out where he personally halt some of the concrete to soak on the river banks. When the river wasnt rushing and demanding a full concentration, he told me stories under a canopy of sycamores that teamed with wildlife. And the Great Blue Heron tractor moved swooping ahead every few minutes before landing on a new surveillance purge. The water is just 42 degrees, which is what people rarely swim and why the trout find it ideal. And it came right after we rounded the been blocking most of the passage. He paddled expertly to the left and i made the critical mistake putting me parallel before the current slammed me against it. It was bone chilling as it was, after being trapped for a moment we emerged coughing and then plowed away through the icy waters. We rode out this together with his arm hooked over the bow. And just as they continued downstream. Disappearing around the curve. Scratched and shivering i emerge about 10 minutes later near a strip mall behind a Family Dollar store. And when i appeared from the crush with matted hair the woman taking this was startled. I looked mad like some poor masthead who had stumbled out of a newspaper mug shot. She shook her head. [laughter] and im not going to ask, she said helpfully. And she had a small cup of coffee and were searching for them along the river. They floated too far down. [applause] [applause] all right. [applause] [applause] he has never listened to me talk that long before. And i know it is killing him. And so this is john bassett. A lot of this book was not fun to write, it was learning about International Trade laws i went to indonesia to interview the workers over there. And it was for a future writer, that is really what i consider him. It was a lot of business. I tried to write the book that i would want to read. Then i am the daughter of this factory worker putting all my cards on the table. And shes exaggerating. And so this is back in the 90s 80s and 90s. And so now he is running and struggling this way and he decided to strike out in south carolina. Its just going to be him. Just three security guards and a personal manager makes it the loneliest time of his career. But at least he had upperlevel managers on call. And i have invested billions and i could easily go broke. This wasnt some high blood pedicle thing. And he was the superintendent who predicted that williams would be a moneymaking venture and the company was profitable. They grew to intimately understand that there is still the one who work harder and longer hours. And he called on Christmas Morning to make sure that this is turned on he called the previous years, what have you sold for me yet this year. [laughter] and just something that a frat guy from the 50s would tell. He calls from the phone next to the toilet in one of the bathrooms of one of his homes and he calls from his car though hes not sure what button to press. And he calls from the New York Hospital for special surgery. And he thought of one more thing he wants to tell me. The story about those astronauts worked day and night. The way he did not yield. And they prevailed because they work hard. And he practices the conversation with this is off the record, this is just us girls. And he calls and calls and calls. He never identifies himself and never has to, that entitled sense of timing and are you trying to cut him out of your sex life . [laughter] he laughed so hard that he actually gave him a night or two off. And still it is simple and comprehensive and not open to discussion. Saying that i dont do this on yom kippur. Anytime he feels the need to describe an idea that is just occurred to him, he calls. So ladies and gentlemen, here he is. [applause] [applause] [applause] she said she would be through a nine minute. [laughter] as you read the book, she wrote a beautiful book. [applause] [applause] last sunday and that is when we have a Vacation Home where we have ours in North Carolina and he said i called kathy last night and she was in new york and it was blacklock and i said what are you doing. And she said i am in bed with john. [laughter] [applause] youre either going to read the book or youre going to find out what we did and how we did it. So i want to take my nine minutes and give you a little insight of why we did it and why i did it. I grew up in virginia at the home of this industry. And it was an unusual position to be as a young man. And i had a wonderful time and they believed in teaching you what your responsibility was. And i can hear my mother today saying you were born with a silver spoon in your mouth. And she said that you have a responsibility to the people of the community. And i should also talk about the bible and the palace and whatever. And so those kind of lessons stuck with. [applause] [applause] and so the episcopalians talked about this as well. [laughter] [applause] [laughter] so why we do what we did . In 1902 when my grandfather started this industry, he started in the furniture business because there was stuff like this that had never been caught taught before, so we had to lump them. We had a Wonderful Group of individual and we needed some place to find steady work. And then the railroad had just gone through what became virginia. And that enabled them to make a product and that includes in how we work in the american economy. They were hardworking and dedicated and they have wonderful people working for us and i have this in the archives that i received as followup and it was three of them, back in the days they had this market in grand rapids michigan. He was up there trying to sell this furniture and the secretary sent him a telegraph instead that the factory is on fire. Then an hour later he received a telegram and said the fire was out of control. And he said everything burned to the ground and so that happened like three times earlier today. And it was rebuilt every time. And you have to admire that type of security. And so when my grandpa started the business in 1982, i can assure you that he had no idea what globalization was and when you had retailers in large cities like atlanta, they started retail because they werent going to start a furniture factory in the middle of atlanta. So they did what was logical and those days and my grandfather did a well. With globalization. In our company supported this which turned into the World Trade Organization and the it relies to the middle class and in china and asia and other places and obviously that did not come to pass. And they would level the Playing Field and everyone would be playing by the same set of rules. And they said, they would be in the federal government. But that is not what happened. Globalization did lower the price to the american consumer, you have the benefit of globalization and i have the benefit of localization. Okay. So the retailers, many of them benefited, some of them said that they didnt pass along to us. And they devastated manufacturers. And only 300,000 workers lost their jobs and those are the statistics and what am i going to do. What are we going to do with this company and how are we going to prosper or surmise that this is going on. And it was interesting. And so what we all did initially was we went to china and the chinese said let us make this and we will sell it to you and then you can sell it to your business. And you dont have to have all these people, you dont have to worry about government regulations or hospitalization or retirement, but it didnt take me long to figure out a lot of these Furniture Companies were sending back engineers to teach them how to make furniture. People told me how quickly they learn to make furniture and you can learn it pretty quick when they came from someone somewhere else and taught you how to do it. And they knew where this allies. And it didnt take me long to say, this aint going to work. You are going down a path that is going to be a path for your demise. And so the day that we make 100 of the products in the United States, our products are made here. And frankly i felt that we owe the obligation to the people who work there. And our family over the last hundred or so years has done well. They really have. They pay for a lot of College Tuitions and wonderful homes and vacations and etc. And they never would have done it without the people who work in those factories. And this was our time to look up to them. When they looked up and learned about this, this is when you sell something in your country cheaper than you selling your country. And you can drive those other people out of business and then you get all the business. And its recognized by the wto. All 159 countries who are in this recognizing this illegal trade. And some of the laws have been revised, but it has been on the books since 1930. And we didnt know about the law, and they are explaining to us what the lights were. And so now you remember when it first came out with the new money, starting with the 20dollar bill and its larger and they put some colors and and they did other things because they wanted to make it harder to counterfeit. Well, the United States government spent 33 million for new 20dollar bill. And i was testifying in congress and criticizing because you can never tell american manufacturers want they are like. And i can assure you that we had this and i said there is nobody in my family who doesnt know how to spend 20. And so we led this petition. And i was a chairman of it and i still am from 2002 until 2014, hopefully this will be my last year. But it was the largest ever brought against the country in china. And i think it still is greeted and it absolutely splits out the industry intake because they said we cant do anything about this. But now they have a way that they can join us and we could make the government investigate because they already started importing this, especially china. Or are they not going to do this. So then what are you going to tell them. The retailer became very upset. And we will boycott it and we still are in some regards. Some of them have come back. But they refuse to buy products. Because we will believe this. And i believe that we will go to the high point market and people would look at you with total disdain and then i would come back to the factory and the people ive never had that kind of job suppose reaction. But we prevailed. And there were duties paced upon this. And so that is what we did. We took the money that we had saved, and there is no machine in the world that makes what we make that we dont own. We will spend any amount of money to stay competitive and we dont want a handout. But we invest in equipment. And here is the real secret to what we did. We organize the people who look for us in work for us and we do not want to abandon you. This is the way that we are going to have to do it. Im going to give you the good news and im going to give you the bad news. But the one thing i will never do is lie to you. And i will tell you the truth and we need your help, and the attitude of that whole organization changed. Americans are very efficient workers, but they need leadership. But some people have to say follow me. And then know that we have crossed the rubicon and one day i was walking in the wind stopped and everybody started rocking toward me. And i said oh, we have a problem. I mean, do we have sexualharassment your aim at what we have going on in that but i noticed that they did not have this, you could tell that they were very respectful and they all gathered around me and the lady came up and i loved it. And she said let me tell you, we see what you are going through and we see that you are trying to accomplish this for us. And we want you to know, tell us what you want us to do and we will give you everything that we ask for, when you have that kind of spirit in an organization, it is amazing what you can accomplish. Until i hug all the women. [laughter] and i shook all the mens hands, and i said i have my first request, and i said get your butts back on the job. [laughter] because we had to get this one going on. [laughter] but that was our secret, it was people. It still is our secret. We communicate with people, we constantly tell them what we have to do and its part of our 53 rules of competition, we communicate those and we are constantly telling them what we expect of them. And i will finish by tony one of the stories that i tell. So im not against the nba. But the story that i tell is how we are going to get the job done. We need more football coaches and maybe a few less nba. And so its an idea because people understand that. If you become the football coach , alabama, one of the best college teams, youre expected to win. And the story that i tell is probably true with High School Football coaches as well, nfl coaches as well, if you are in the locker room getting ready to play the state champions and the conference champions and you get your team ready to go out on the field and they said you can go out and play the game and lose the 10 points of the nba and they will say that we covered this display. And tell me how many football coaches are going to keep their jobs only losing by 10 points. And so we have to start thinking about this and thinking about ourselves as winners. America has to turn around and take on the competition. I had a captain when i was part of this. Its time to take names and kick acts trent lott. Its time that we do that and thats exactly what we intend to do. And we still have to make away by it. And roanoke is one of the best. And they have a made in america gallery. And so we are still fighting this battle and its been a long time in doing this. But i think we are beginning to get some traction and that is a beautiful part about this. Because it tells the story of what happened and im not opposed to globalization. I have heard wonderful things about globalization. And i want them to turn around and go to work. [applause] [applause] thank you, john. At this point the ushers are going to walk around and collect questions go ahead and pass them around. We will be beside you shortly. Walking around, lets start off with a few questions. That is how you know how it works when you hear the story. Is does the hair stand up on the back of my neck reign thats always a really good one. Does it that make me laugh or cry, doesnt make me think of something that i hadnt thought before. And this story had it all. And i told you a year ago, dont die. [laughter] he has done really good. Thats all i ask. And it, this is a great story. In this is the great story because for what happened to all those people that was the biggest hops in the National Media what happened allover the United States. In with the slow change that happened over the last 15 years. It is the book that allowed me to think big. How did you decide you could trust us with your story . [laughter] you said i trust her . [laughter] with an hour persistent. [laughter] in a sometimes but i have read a lot of things. But this is a people country. But i love the people that work for me. But to be connected with that to be connected with me day you have a favorite . Let me think. The first time i talked only to his son doug. So were your jeans and dress down in my hair was long at the time. I could tell he was thinking why did the at newspaper send this hippie to interview me . I knew he would get mad. And he would give me 10 minutes but i did my homework and i knew the story in to talk to somebody that was genuinely curious. They ran a cartoon it is a picture of a coffin. Somebody was kneeling in the last nail it said it is the last sale of the furniture called thin in virginia. I want to say wait a minute. [laughter] so to tell you some hard things as a writer hired you wrestle with having to Say Something hard that is the truth. I called my friends is it fair or is it true . And really you should be wrestling with these deep tissues. I dont want to hurt anybody is feelings and that is hard for me. But it would be hard for others so it is a constant is it fair is it true. But chapter for. That was the most difficult. Of. Knowing that it would hurt some people that had nothing to do with what went on in years ago. If you could relive any portion of your life over again with his whole story story, which portion is why . There is a lot of things i would do differently. I found womens. [laughter] i found alcohol and a good time. The things that richard me more than anything else was the United States army. It is a great experience i spent three years in germany during the cold war. Right on the german border. When the weather across it and we saw several people shot that tried to get across and we could not do anything until they got across. Several were killed. And i realize i grow up in a free country. Did i grew up in a wealthy family and i was given all of this. I missed my shot at college. Psi graduated but i could have done better. But the only reason is because i was bored american and i never forgot that. [applause] what did you learn from reading her book . I learned a lot of things about my ancestors side did not know. [laughter] somebody asked me one time what you think about what your ancestors did . I said that was before television is so they had to do something to entertain themselves. [laughter] what do wish you could have included . A lot. Somebody started a the factory man Discussion Group that the first question the moderator posted where you from . And i thought you would say much about that . There was a collection of what had happened to about knave the businesses that you miss. This morning there were 120 so it has been cool to see people come together some of it is anchored sun is just a brief. But that is the wonder of it. Those pseudo longer have the veto place to go to work every day. But this little place on facebook is where people are telling the stories of what happened. What advice would you give to your younger self . Speesix dont ever give up. There is one word in business i will not tolerate. If you work for me only do this once. I will give you one shot then i get upset and that is the word kit can. For two reasons if i say i cant to do something that means you quit trying in number to you quit thinking. I dont like people saying i have a problem in can you help me were not getting assault. Lets work on it together. We dont always succeed the first time that you dont say i cant do it. You have to get a mindset that were going to do this. We can do it if we really want to. A question from the audience. Clearly you to have tremendous report and how did you create that . [laughter] 100 protocols. [laughter] we have had a lot of different emotions. I have spent matter at him than anyone in my whole life. But were still friends in the he said this isnt going to be like Lyndon Johnson does not talk by thought we will always talk. I thought that was pretty cool thing to say. But this is a smart group. But one of the things that you dont have to go to the p. R. Person to get to the ceo. But in this age you cannot even get to this city manager you have to get to the levels. So it is rare that you have access. It does so in answer the question by a long shot but he volunteers names didnt telephone numbers of people he knew would say bad things about him. And they said some bad things. [laughter] learned is his motivation for that . There were only asked to read one chapter. Id to go through North Carolina would you read your Award Winning chapter . I called my husband it in said read chapter one. That he is an asshole. [laughter] i said i will read it to you on one condition you cannot say anything until i am done. He had a couple of corrections but they were later. So with the freedom of the press. But to call the vietnam sold the first of all, she is not the first one that has said that. [laughter] but when she had a party she asked me to come to the party so in the end they ask me to say a few remarks and i said there are people in this room that thought this book was written that do i was an asshole. But the only thing that has changed is that after they read the book ever betty will though. [laughter] who would you like to play you in the movie . [laughter] [applause] the person that could play be the best is dead. George c. Scott. My Favorite Movie ever is patton. Glenn todd hakes treated his love. And i said do you know who tom hanks is . Hes and i may be a dinosaur but even i know who he is. Another question from the audience. How are you preparing for the Steven Colbert show . That is a very good question. [laughter] this guy is quick. I am watching him it depend on the questions he asks for gore really does. If you read the book he could get someone at risk day. [laughter] wait a minute. [laughter] is to say to you great loves. And i said to have it all wrong. And should have said saks first. [laughter] my mom is is a the front row

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