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Im over the moon to see some of you in our beautiful auditorium. Many of you, for the first time in a long time. So welcome back. Tonights program, the chinese question, gold rushes and global politics, it is part of our irene schwarts distinguished speaker series, the heart of our public programs. Enabled us to bring so many fine speakers to this stage. I would also like to thank for his great support. Joe pickett, thank you so much for all you do on behalf of this institution. I would also like to thank all of the Council Members joining us this evening. We have really appreciated your suppo...

Assets. But there are also quite a few with little more, a little more than a charitable arm of a small family enterprise, and their assets number in the thousands rather than the billions. Think about the constellation, 81,777, small ones, large ones. There are also then a handful of older foundations led by carnegie that have been dispensing grants and forwarding agendas for more than a century, all the emerge in the last decade with articulated vision about purpose, intent, scope. If carnegie symbolized the perpetuity foundation whose boards, missions and goals changed over decades, but who...

You say welfare reform, which is what everybody talks about first when they talk about conservative Public Policy. It was very put it was very paternalistic. It was also very decentralized. Comfortables are with paternalism when it is relatively local and can be defined differently in different places. Even if there is sentinel even if there is centralized funding behind it. Theres certainly room for that to help people with family formation and with other concerns, but they are always going to work at the margins. Its true, there is some evidence that helping people with parenting skills work...

Back the last time we hit the high was 2. 75. Americas unemployed back then 6. 7 million, now 13. 2 million. The size of the feds Balance Sheet back then less than a trillion, now it is over 3 trillion. We will be talking about all these things, how we are similar and dissimilar to last time we hit those highs. Down at the nyse. Lets talk about the 10 stocks hitting the 52week highs. It is great news, lots of champagne. Nicole really is exciting for all the people who saw the dow at 6500. Some cases alltime highs. Today is a record intraday high, a record closing high. A day that goes down in ...

Stick. Thats three feet deep. Another brutal wirntd blast buries the heartland. Wreaking havoc up into the plains states. Hurricaneforce winds brought travel to a halt. The second powerful winter storm in a week continues to dump snow and knock out power. It may be worse than the last one. Congress has until friday to hammer out an agreement to avoid the socalled sequester, a series of sweeping federal spending cuts. It looks like we cant defend america, our allies are going to be uncertain and our enemies are going to be on steroids. Hundreds of thousands of americans will lose access to prim...