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Just worked through the budget at the Committee Level to be on the floor people can talk a good game but the fact of the matter is with sequester the house budget cuts below sequester on discretionary nondefense spending by 300 million. It is going to be devastating if the budget like that goes through it and the House Republicans are willing to support that that nobody should ignore of with the value of support with this board and a family is to have got it already. I have heard speeches about how critical our deficit is and how we have to address our deficit a pair of senators who said it is...

Is a good idea is that they are very protective of the economy. They close too much the economy and they are more than 200 Million People, and they close the market and you need to produce things there or you pay 35 taxes. I think that should be a little easy, but it has been done by one government to be very protectionist for the industrial and the production nationally. Saud, if we come to you, your view of the challenge that carlos has laid out for us, the debate over the direction that essentially a civilization should take is fairly pronounced in some parts of the world that you operate i...

65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially...

65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially...

Very how can i say, generous. Very generous because it is sustained in the welfare of the people. In the past you need to have as much to have land and slaves the better. Today, as you have more customers and more markets and bigger economies it is better. You need that. The other people get on welfare because they will be a stronger country when you have participation. And where do you see that debate going on in latin america now . My concern is latin america the leader doesnt understand what is happening and they dont have a direction. Its everywhere. If you look the books of lets say, alvi...