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To the Market Reaction. The market seemed to rally on this news. Why do you think that was . Well, remember that this particular move was targeted way in advance, and the market had adjusted to it. The only question that was out there was what was going to happen subsequently that, not that you could actually make certain happen but with what the policy was. As it became apparent the fed was going to just raise the rates and then not do a whole series of rates, then basically the markets said uncertainty is gone. Therefore income earning assets go straight up. This is just a classic case. I ran into it many times in the sense that choices that we had were always, do you want the market to know exactly what the plans of the Federal Reserve are or not . It depended on a very, very technically difficult problem. How much risk do you want in the system . If there is too little ....
Facts are. Sure. I do remember that was an issue that was of note. There was a precipitating event that made olc examine that question and issue that opinion in september 2011 that then precipitated the letter that the Deputy Attorney general sent out. We can find out exactly what that event was and share that with you. To release something on a friday before christmas, you just know theres something wrong. And i was the author of the National Commission on gambling a number of years ago, and there is a difference on the impact for destination gambling and convenience gambling. Destination gambling, youre going to go out far away, you take so much and thats it. Convenience gambling, around the corner the ultimate is to be able to go online in your bathrobe in your dorm at penn state. So, you know, id like to find out and also senator graham introduced legislation to res ....
Northern and western part of afghanistan. But because he was very a the latee confidant of massoud, he is seen as a radical by a lot of pashtuns. Though yesterday you had a Campaign Rally in kandahar. From all the candidates, he had the biggest turnout. Which means that he has the biggest rally in kandahar. Which is a bit surprising for everybody. To zalmai rassoul, he is considered a very weak person, not only him but the Vice President he has. His second Vice President used to be a governor. It will help him to secure some votes of women. As entire team is seen as, we say in afghanistan, a just saying team. Whatever karzai says. I just want to follow up on something general allen set. This is an excellent analysis. I went to tee up one issue. President karzai is still 70 popular in afghanistan. He is not 70 popular in ....
Predicted it would not have been this strong. I hoped and thought we would have been in a better place in terms of having weakened the taliban. The good news is they are still fighting. They have taken those casualties and held together. They have continued to be able to recruit and take the fight to the enemy. Last point, they have been able to continue to recruit. You had not imagined five years ago that the taliban would be strong, none of us could imagine could be this strong and able to conduct core level operations. This is a reason that the Afghan People are so proud of the army. , you know all the candidates. I was honored to meet with several of them with you a couple weeks ago. Could you please help us understand the choice that is now before the afghan better on voter on the afghan saturday. And what the choice might signify in terms of who the afghans would like to see replace president karzai after his 12 years in lead ....