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This hearing is called to order. I want to thank you for your written testimony and prayer oral testimony and the answers to our questions. I asked that my written Opening Statement be put in the record. On to make a couple of comments about what i want to see the goal of the searing to be. Ive done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity i...

Done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its...

Been on a stock and the option is the buy the stock in the 6 months in the future and the underlying stock goes up and down a lot then you have an implied value for that option and so its a way to price risk but the way to price risk is the need to know time time best have value time has to use the and align prevailing Interest Rate to establish a baseline of the value of time from now on the curve from short to long so if youre negative as weve said before you have no value of time as a matter of fact time as a negative value i have often quipped that negative Interest Rates are a way for Gol...

On. The heels of and suddenly we were off a cliff we had nothing to work with nothing. Of the food really large will not huge we only had a few phone lines so they were ringing nonstop if you were unlucky youd get one of these guys saying they were from whatever company and wanted 2000000 so what that was back on the. Market and the market is a monster it sweeps aside everything that is weaker than itself. You froggie music as to how we treated the east germans i was ashamed of myself so often. December 1909 the berlin wall had fallen a month previously west german chancellor helmut kohl paid ...

A new trade agreement with a night of states this week one that notably did not address u. S. President donald trump past complaints about a legit unfairness in terms of u. S. Japan trade on cars and auto parts the decision to accept some modest incremental progress for now leaves the auto issue to perhaps be revived in the future depending on the increasingly impulsive u. S. President here to situate that news and. The world is the car coach lauren fix welcome back lauren 1st thank you and yeah 1st on this many deal on trade thats sort of sets aside the 2 issues the japanese Prime Minister sa...