Liquidity. And we cant let this narrative go unchallenged. Youve seen it in the fsoc annual report. There was a drive by of it in the multi Agency Report that came out last october. And ive been around this town long enough there always has to be a boogeyman somewhere when youre trying to misdirect. I think this is an area that we need to encourage and not run away from and not vilify, not accept the standard pushback that were getting. And the second point, too which is this notion of the aggregate impact of regulation. And your question, which i think is a good one, how much of it is standard post crisis and how much of it is regulation. I was listening closely to sandy. I think weve reached a point where weve seen historically 2008 to maybe into 11 where there was a lot of prudent Risk Management undertaken in response to a crisis. I dont think you can parse them out any longer. You cant say its basul, its dodd frank, you go down the road and then its prudent Risk Management because
Whats needed is an order displaced facility. It doesnt have to be mandated by the government, bit has to be something where private entities can create these things where the price res made public, not necessarily through a consolidated system. But if not reuters or others will consolidate the information just as incident either active does. But most importantly, a system where youre not allowed to trade through those prices because youre not doing your client a service by failing to pick up the easy to pick up trade. There is one additional complicate. If you say you cant trade through that price, you must make that price available so it can be taken. But if anybody can take a price, then it has to be the case that the trading system has to be an all to all system where if i grab it i can settle the trade. We do this all the time in equities. Why should it be so difficult to do it in another system. Theyre just securities. So lets settle them up that way. These are the order handling
When will they ever learn and very solemnly and prayerfully, for all those who were injured and killed and wounded and maimed. Where have all the soldiers gone. Many not to the graveyards but to lives of great, great despair and difficulty. Where have all the soldiers gonegon gone, with solemnity. Where have all the soldiers gone long time passing where have all the soldiers gone long time ago where have all the soldiers gone gone to graveyards, everyone when will they ever learn when will they ever learn where have all the graveyards gone long time passing let me hear you. Where have all the graveyards gone long time ago. Long time ago where have all the graveyards. Where have all the graveyards gone gone to flowers, every one when will they ever learn when will they ever learn when will we ever learn. And we sing when will we ever learn when will we ever learn and then we sing where have all the flowers gone and the irony and the pain of the endless cycle. When will we ever learn . W
Students studying at universities in the u. S. Ranking first among the Southeast Asian nations. And number 8 across the world. We welcome the establishment of the Fulbright University in vietnam and other University Partnerships to further accelerate our education cooperation. Today every year more than 500,000 american visits vietnam each year, and we will continue to encourage greater numbers of tourists, students, and business visitors to both countries vietnam always recognize the vietnamese overseas including those in the u. S. As part of the vietnamese nation and facilitate that ties with the homeland and appreciate their role as relationship with host countries between vietnam and home countries. In the statement of 2015 the two countries recognize the success of the Vietnamese Community in the u. S. And their many contributions both to the development of the u. S. And vietnam. And to vietnamu. S. Relations. On region sxl global issues we continue to increase our cooperation on
After world war ii, they would come in and compromise every liberalthinking social Democratic Party and crush them and take over the works. It was a terrible economic idea communism and made into an evil force by a totalitarian nature by what we were experiencing. I was sympathetic with what president ial candidate Ronald Reagan said, but its a lot easier to say than it actually is to do. Im not of the school if we were to ramped up our effort in vietnam we would have won it. The most important thing we underestimated was presuming that communism was monolithic and that vietnam was a pep pet of the soviet union and china. Yugoslavia was a wellknown sort of renegade inside the communist party movement. The suggestion you might characterize it is go big or stay home is a little shorter version of what Ronald Reagan said on that particular occasion. There is a lot of legitimacy, i believe in that statement, but theres lots of qualifiers too which suggests that if you dont if those element