It is all yours. Thank you, jim. Thank you, christine. Christine, you have a good voice. Lets move on. [laughter] let me join jim in welcoming you all to phoenix. I am pleased to see some any western governors here. We have a Great Program planned, and im delighted we can share this time together. Over the next two days we will have visits with Top Administration officials including the secretary of labor , the secretary of transportation, u. S. Forest service chief who will be visiting with us momentarily. Although he was not able to stay for todays activities, weve visited early this morning with the secretary of agriculture, sonny perdue. We will hear from two other keynote speakers the president , of the arizona cardinals, and john ratzenberger. Most of you know john as the famous cliff clavin from the tv show, cheers. I think we will all enjoyed john speak about his everin every pixar movie made. He has a passion for American Workers and american industry. His comments will touch
Thankfully it was still alive. What are your three waves . I focus on the internet. Is the ways we see, and one way that is coming. The first wave, getting America Online, getting the world online. Back in 1985, only 32 of people were online 3 of people were online. We knew it was going to be tough. It took us a decade. By the end of it, 2000, everybody was connected. That set the stage for the last 15 years or so, Building Software and services on top of the internet. That is the second wave. Now we are seeing the third wave pick up steam, the internet integrated in seamless and pervasive ways, sometimes invisible ways throughout our lives. Changing health care, transportation, energy, food. Pretty big sectors of the economy. Requires a different playbook point be successful. Can you give an example of a product that will see in the third wave . Take health care. Everyone focuses on the challenges of health care, how do use technology to make it more convenient to have Better Outcomes
This event today. Im delighted to welcome the only rao to speak here. She is the administrator of the office areas information and regulatory affairs. For everybody in this town, commonly known as oira. Her appearance today is reminding me of one of the first events i ever did here at brookings. I hosted, it was probably eight years ago, the oira administrator. I was a little bit nervous, i was Walking Around outside getting warmed up, and there was a group of protesters out front, one of home was wearing a full on oscar the grouch costume with a trashcan and a sign. Were singing a very creatively written song called oscarsash, a play on famous song i love trash. I will say, it was effective, because without that i would never have remembered the coal ash disposal rule. Guardedly, there is nothing so exciting happening outside the room today, which is well enough. The story does highlight a serious point, which is that the job of oira administrator is almost always controversial and fr
The people of south dakota listening and viewing this, please welcome the honorable governor dennis daugaard. [applause] applause continues ] [ applause] governor daugaard thank you. Thank you, very much. Thank you, Lieutenant Governor. Youre outstanding. Thank you all for being here today. To begin, i would like to recognize two new legislators, first, doug bartel. I appointed doug to replace don hager. Doug spent his career in Law Enforcement, including 12 years as due pauls chief of police. He was sworn in last month. Lets welcome him again. , where are you . There he is. Welcome. [applause] second is mike diedrich. I appointed mike last month following the loss of our friend, craig teasen. Mike has served three terms in the 1980s and 1990s. I appreciate his willingness to serve, especially on short notice. Please join me in welcoming mike diedrich. [applause] today, i would like to look back at some of the things weve accomplished together over the past seven years, and update you
Ripped up. The are checking the biggest gain in u. S. Equities in four years. Francine yes they are. That rally came after a selloff. Overnight, chinas benchmark index posted a 5 index 5 gain. Lets get context. Mark barton is back in the house. Things are wrapping higher. The feds magic discussion did the job. Fedo the mark u. S. Caused the big rally in the united states. He spoke yesterday. In an unexpected comment, you have to say, he said from my perspective the decision to begin the normalization process seems less compelling. The keywords sit is desperate keywords less compelling. Getting close. Is the six days that preceded this rally. Yesterday, prior to the s p 500 fell by 11 . Its sunk by 11 yesterday. It rose by 3. 9 , biggest 2011ase since november 30, all because of his comments. Trade reducing the probability the fed will raise rates to 24 . 18th, the odds were 28 . We are going to have technical fun here. Look at the emerging markets index, this is a oneyear chart. I want