00:00:00:01 Logged in DC by Tiane Austin - tiaustin DC MS ID# 10600681 SHOT DATE: 11/17/14 LOCATOR: DC SOURCE: CNN Event Summary: Secretary Kerry delivers remarks at the 3rdAnnual Transformational Trends Policy Forum, hosted by the FP Group in conjunction with the U.S. Department of State's Policy Planning Staff FONTS: John Kerry Secretary of States SOTS: ISIL: WX-KERRY/ISIL STRATEGY TRT: 24 OC: ALLEGIANE OR DIE 12:41:49 ISIL doesn't hide its crimes. ISIL is defined by its crimes. Because the terrorists have nothing positive to offer anyone. Their strategy is based entirely on fear. 12:42:02 Many of their captives are executed, some beheaded, some buried alive, some crucified. Others are given a choice: pledge allegiance or die. 12:42:13 WX-KERRY/WE ARE NOT INTIMIDATED TRT: 19 OC: VERY VERY WRONG 12:42:55 ISIL leaders assume that the world would be too intimidated to oppose them. So let us be clear, we are not intimidated. You are not intimidated. Our friends and partners are not intimidated. ISIL is very, very wrong. 12:43:14 WX-KERRY/ STRATEGY AGAINST ISIL TRT: 33 OC: TO GAIN TRACTION 12:43:31 First by providing support to our military partners in the region. Second, by applying pressure to the sources of terrorist financing. Third, by striving to reduce the flow of foreign fighters. Fourth, by exposing the absurdity of ISIL's religious claims. And fifth, by furnishing humanitarian need to those hurt or made homeless by the terrorist attacks. 12:43:56 This strategy, which has both short and long term elements, is starting to gain traction. 12:44:04 WX-KERRY/CIVILIZATION VS. BARBARISM TRT: 11 OC: ITSELF AND BARBARISM 13:04:08 This conflict is not between one civilization and another. Don't let anybody tell you that. This conflict is between civilization itself and barbarism. 13:04:19 WX-KERRY/MIDDLE EAST FUTURE TRT: 7 OC: THE MIDDLE EAST 13:06:35 If we don't defeat ISIL, there will be no viable or acceptable future for the Middle East. 13:06:42 WX-KERRY/CONFRONTING ISIL TRT: 4 OC: IT'S NECESSARY 13:06:00 We are confronting ISIL not because it's easy but because it's necessary. 13:06:04 WX-KERRY/ISIL VICTIMS TRT: 27 OC: TREATED LIKE CHATTEL 12:42:27 Aide workers and journalists such as David Haines, Alan Henning, James Foley, Steven Sotloff, and now in a crime that we have condemned in the strongest possible terms, Abdul-Rahman Peter Kassig. They have all been among those brutally murdered. 12:42:44 And as those who have escaped have dramatically testified, women and girls are sold into slavery, threatened, raped and treated like chattel. 12:42:54 WX-KERRY/ISIL TRT: 19 OC: OR POLITICAL PROGRAM 12:39:49 The group calling itself the Islamic State is, in fact, neither a state nor truly Islamic. It is an adversary without a uniform, without any support by any government and offering nothing, nothing, in terms of coherent social or political program. 12:40:08 Israel: WX-KERRY/CONNECTED TO ISRAEL TRT: 27 OC: BECOME STRONGER OURSELVES 12:34:18 We are proudly and unapologetically connected to Israel and many Arab states with whom we have worked closely for decades. These relationships actually make us safer by enabling us to respond earlier and more capably to such security risks as terrorism, aggression, proliferation and organized crime. By helping our friends become stronger, we become stronger ourselves. 12:34:45 Foreign Policy: WX-KERRY/FOREIGN POLICY TRT: 30 OC: ON EVERY CONTINENT 12:29:54 Our foreign policy apparatus is more engaged and more connected in more places on more issues than in any other time in our history. 12:30:05 And that is documentable. Every single day we are pursuing policies that advance a security agenda, an economic agenda, an environmental agenda, a human rights agenda, and a development agenda. And every day we are making decisions that have an impact on every continent. 12:30:24 WX-KERRY/MIDDLE EAST ENGAGEMENT TRT: 17 OC: WHO WE ARE 12:30:44 We have to be deeply engaged, deeply engaged in this region because it is directly in the interest of our national security and our economy. And it is also in keeping with who we are. 12:33:01 WX-KERRY/PEARL HARBOR & 9/11 TRT: 11 OC: US FROM DANGER 12:33:26 We dare not forget these lessons. Not in a world where no distance, no ocean, no fence, no firewall, can truly shield us from danger. 12:33:37 WX-KERRY/CAN'T IGNORE SUFFERING TRT: 18 OC: IN OUR INTEREST 12:37:31 Sure we could turn away. Pretend that we don't see or hear what's happening. But America would not be America if we turned our back on that suffering. It is not who we are. It is not in our DNA. And it is not in our interest. 12:37:49 FULL TRANSCRIPT: KERRY: David, thank you very much. Thank you all. Good morning to you. I'm delighted to have a chance to be able to be here and appreciate the breadth of what you all are going to be tackling over the course of the day. So I particularly am grateful. David, thank you for everyone rearranging schedules so that we could clip this around today, literally, leaving straight from here to go to the airport to head over to meetings tomorrow in London, some of which have to do with with Iran and others don't. And then, we are obviously entering in a key period with the negotiations regarding Iran's nuclear program. And I will go to Vienna at the appropriate moment. But I particularly want to thank David Rothkopf and Foreign Policy Magazine for hosting what has become now an annual tradition in partnership with the State Department. And it's a conference that focuses not just on the immediate, but on the trends that are either transforming now or may have the potential to transforming the world, as we go forward. And I think it's safe to say that the last several years have reminded all of us that there is no such thing as a trouble-free zone on any world map. No country is immune from the impact of troubles in some other country. So make no mistake, every party of the globe merits our attention. And I'm not exaggerating. I will assume chairmanship of the Arctic Council next April and we're already planning a two-year stint of the priorities for the Arctic and that includes, I might add, priorities that extend to the Antarctic. There is no place that doesn't demand focus today. And it's not as a favor to another country that we do this. It's a necessity for our country. And that's why America's foreign policy is so broadly focused. KERRY: In fact, I would share with you that the enterprise of American foreign policy and the State Department, in particular, is a little bit like an iceberg in the sense that if you're looking at it on the horizon, you may only see the top third or so above the water. But beneath the surface, our foreign policy apparatus is more engaged and more connected in more places on more issues than at any other time in our history and that is documentable. Every single day we are pursuing policies that advance the security agenda and economic agenda and environmental agenda, human rights agenda, and a development agenda. And every single day, we are making decisions that have an impact on every continent. And, I might add, it is our privilege as America to be able to have that impact, and to have so many countries look to us for it. But today, I want to focus on the region that I know a lot of Americans wish was out of the headlines: the Middle East and North Africa. As most of you know, I was a United States Senator for almost 29 years. And, yes, senators know how to talk -- interminably. But if you're elected and re-elected to the United States Senate five times, I would respectfully assert to you, hopefully, it means you have also learned how to listen. And if I were still in the Senate, and I'd gone home for a town hall meeting this past weekend, I'm pretty sure I'd know what I would have heard. "Senator Kerry, if people in the Middle East are always going to fight each other and they want to kill each other, why do we need to get involved?" "Senator, there are people in New Bedford who are hurting. And how about helping them, instead of trying to help the people in Baghdad or Aleppo?" "Senator, last time we got involved in the conflict in the Middle east, we spent eight years and trillions of dollars in Iraq. Tell me why this will ever be different. Or why does the Middle East matter? Why is it our problem?" You know, these are all terrific questions, all legitimate. But every question deserves an honest answer. And, frankly, even if the truth isn't easy, Americans deserve nothing less. You all remember that great moment in "A Few Good Men" when Jack Nicholson's Colonel Jessup, besieged by tough questions, snaps, "You can't handle the truth." Well, it might be heresy in today's Washington of simple story lines and hyperbolic headlines, but I think the American people do want the truth. I think they demand it and I think they deserve it. So, when it comes to the Middle East, this is my view of reality. A truth, if you want. We have to be deeply engaged -- deeply engaged in this region because it is directly in the interest of our national security and our economy, and it is also in keeping with who we are. Pearl Harbor was the rudest of awakenings to isolationists at home, who, no matter how much some wished it, could not wall off America from the world's struggles. And 9/11 was a reminder that even a small group could hatch an evil plot thousands of miles from our shores that dramatically changed life for the world's only superpower. We dare not forget these lessons -- not in a world where no distance, no ocean, no fence, no firewall can truly shield us from danger. KERRY: Now, technology has also changed things. Technology lets us live faster and longer and travel and communicate more widely, and compress a library of information into a single tiny chip. But when it comes to threats, it has also made the world a lot smaller. In the 21st century, next door is everywhere. There can be no limit to our vigilance either in territory or time. And that is a primary reason why the Middle East matters. But it also matters because our friends are so important to us. We are proudly and unapologetically connected to Israel, and many Arab states with whom we have worked closely for decades. These relationships actually make us safer by enabling us to respond earlier and more capably to such security risks as terrorism, aggression, proliferation and organized crime. By helping our friends to become stronger, we actually become stronger ourselves. And of course, turbulence in the Middle East is also a real threat to our own prosperity. Now I know what some people say, well, we're on the verge of kind of moving towards energy independence, so we can walk away from the Middle East. Believe me, none of us miss the days of gas lines and price shocks because of instability in the Middle East. And yes, in recent years, we've made major strides in diversifying our energy sources, yes, we now are less reliant on Middle East petroleum. But as we long ago discovered, the energy market is global. And any serious disruption to the Gulf oil supplies can have major consequences for our own well-being, as well as the global economy to which we are all attached today. And even more than that, our exports drive our economy, create jobs and help our manufacturers, farmers and service providers to compete and to grow. All of this is jeopardized. When the building blocks of international security are shaken and nowhere are those foundations a graver risk today than in the Middle East. An example is obviously a country like Egypt, where it has been the intellectual and foundational, cohesive glue, if you will, of the region, in many ways, for decades. One quarter of the world's Arab population fragile with obviously great challenges. If that were to suddenly be of jeopardy because of what is happening, the entire region would be in total turmoil and potentially even sectarian violence unfathomable today. Another reason the Middle East matters is less tangle, but equally profound. The roots of modern civilization can be traced, in part, to the men and women who centuries ago walked the narrow streets of Damascus and Alexandria, knelt at the holy places of Jerusalem and Mecca and harvest crops from the fertile plains of the Nile and the Tigris Euphrates valleys. From such distant ancestors, we have inherited rich, spiritual and ethical traditions that evolved over time into the values and ideals that guide us today. Our own nation is diverse in ethnicity, race, background and creed, but united by a belief in the importance of every human being. That conviction has been under vicious assault in the Middle East. And as a result, millions of innocent people are living lives turned upside down. Sure, we could turn away, pretend that we don't see or hear what is happening. But America would not be America if we turned our back on that suffering. It is not who we are, it is not in our DNA and it is not in our interest. KERRY: Now I'm not talking about being the world's policeman, no. And I don't think our job is to fix every problem. But in the time I have lived, I have seen a lot more people wish that they had done more to ease human suffering when they have the chance, than have thought later on, well, wait a minute, we were too generous, or, wait, the Marshall Plan did too much for Europe, or, maybe, well, we shouldn't have bothered trying to save those lives in Bosnia or Kosovo. Does anybody really believe those things today? Engagement is the right thing to do. It is also the smart thing to do, because the billions of dollars that we and others now devote to emergency response and recovery could be invested instead in creating new opportunities for growth, both domestically and overseas. That's the difference between running in place and working to build a better world. Now, let me be clear about something: The United States is not party to the sectarian and inter-ethnic rivalries that divide much of the Middle East, nor do we have to be. We do not covet any country's land or resources. We believe the region's people, not outsiders, should determine how and by whom they are governed. And we think the rights of all, including minorities, should be upheld. We respect everyone's desire to worship in accordance with the dictates of conscience. And after our experience over the last decade, we are fully aware of the hazards associated with external military action. In short, the United States does not go in search of enemies in the Middle East. There are times, however, and this is one, when enemies come in search of us. And you know exactly what I'm talking about. The group calling itself the Islamic State is, in fact, neither a state nor truly Islamic. It is an adversary without a uniform, without any support by any government, and offering nothing -- nothing -- in terms of coherent social or political program. But it is a foe we take very seriously, in part because the dysfunction of some governments in the region has enabled these killers to seize control of more land and more resources than Al Qaida ever had on the best day of its existence. It has stolen vast quantities of weapons and money. It is attempting to recruit the fanatical and misguided in dozens of countries. And it has gained sway over a considerable portion of Iraq's midsection, including Mosul, the second largest city. In the process, it has become a threat to America's core interests. The terrorists pose an unacceptable danger to American personnel and facilities in Iraq and elsewhere. And their aggression adds to the terrible burdens placed upon our friends and allies in Turkey, Jordan, Lebanon. And, unless checked, this network could become a rallying point for the alienated and disaffected on every continent, spawning imitators and spurring individuals in far flung places to commit stupid, destructive, suicidal acts. As the Islamic State or ISIL has shown, by its actions, its desire is to impose its will over as many people and as much territory as it can. KERRY: But unlike some extremist groups, it is relatively well- organized, disciplined, even. Its actions are systemic and planned. And ISIL doesn't hide its crimes. ISIL is defined by its crimes. Because the terrorists have nothing positive to offer anyone. Their strategy is based entirely on fear. And many of their captives are executed, some beheaded, some buried alive, some crucified. Others are given a choice to pledge allegiance or die. Children are tortured, killed, or forced to take up arms. Cultural and religious shrines have been desecrated, including the graves of prophets honored by all the children of Abraham. Aid workers and journalists, such as David Haines and Alan Henning, James Foley, Steven Sotloff. And now, in a crime that we have condemned in the strongest possible terms, Abdul-Rahman Peter Kassig. They have all been among those brutally murdered. And as those who have escaped have dramatically testified, women and girls are sold into slavery, threatened, raped, and treated like cattle. ISIL's leaders assumed that the world would be too intimidated to oppose them. Well, let us be clear -- we are not intimidated. You are not intimidated. Our friends and partners are not intimidated. ISIL is very, very wrong. On September 10th, President Obama outlined America's plan to mobilize broad coalition to degrade and ultimately defeat ISIL. Two months later, we are implementing Operation Inherent Resolve through multiple lines of effort. First, by providing support to our military partners in the region. Second, by applying pressure to the sources of terrorist financing. Third, by striving to reduce the flow of foreign fighters. Fourth, by exposing the absurdity of ISIL's religious claims. And fifth, by furnishing humanitarian aid to those hurt or made homeless by the terrorist attacks. This strategy, which has both short- and long-term elements, is starting to gain traction. On the diplomatic side, we've reached out across the globe to Europe, Asia, to all parts of the Middle East to solicit solidarity and help. We've assembled a broad team in our own government, from Defense Secretary Hagel and the experts in the Treasury Department to General John Allen, our special envoy to the coalition, and a man who has served in the region, and knows it well. And, ironically, we have found that our best recruiting tool is ISIL itself. ISIL is a coalition multiplier. Governments that can't agree on almost anything agree on the imperative of confronting and defeating these terrorists. This is the -- this is true of Sunni and Shia leaders, Arabs, Kurds, Turkmen, members of smaller minority groups. Where once there was suspicion and discord, we now see the Saudi foreign minister link arms with Iraq's Kurdish and Shia leaders. We see the government of Turkey agree to allow Kurdish fighters to cross its border and take on ISIL. We see the multi-confessional leadership of Lebanon jointly resisting armed incursions into their territory. In just a few weeks, the coalition has attracted more than five dozen contributors, while (ph) many others have expressed horror at the terrorists tactics and goals. The breadth of this backing illustrated the galvanizing nature of the ISIL threat. It gives us the diversity and the credibility to move on all fronts. And it will provide Iraq's Sunni tribes with the confidence that they need to ultimately reclaim their lands. One of ISIL's problems, after all, is that familiarity breeds contempt. As one Sunni leader in Iraq said recently, "ISIL has humiliated the top sheiks of Diyala, and has done horrible and unforgivable crimes against people here." Last month, that tribe joined with Iraqi national forces in driving the terrorists out of 13 villages in its home province. As far back as January, we had begun increasing our reconnaissance and ramping up aid to the Iraqi security forces, shipping Hellfire missiles and other weapons that would have been able to government (ph) with stronger leadership to prevent its territory from falling into the hands of terrorists. This summer, after Mosul fell, President Obama sent a team of U.S. military advisers to assess the situation. But he also made clear to Iraqi leaders that they had to end the political gridlock that had alienated members of Iraq's Sunni majority -- minority. And they have to put in place a leadership team -- this was a requirement for our engagement -- that would inspire widespread loyalty. They had to assemble security forces that would fight for more than clan, more than tribe, more than creed, fight for all of Iraq. And they had, in short, to create an alternative to ISIL that Iraqis from every faction could get behind. To allow time for that, the Coalition moved to halt ISIL's attempt to slaughter the Yazidi religious minority and we did so. In coordination with Iraqi forces, we established control of the strategic Haditha Dam and rescued the besieged population of Amreli. And more recently, Coalition airstrikes have aided fighters in Anbar and Kurdish defenders across the border in Kobane. Participating aircraft have come from America, Australia, several European countries and in Syria, also from the Gulf States -- unprecedented. We are receiving vital help from NATO and have gained the support of foreign ministries and parliaments from end of earth to the other, including the Asia Pacific from which the President and I have just returned. Together we are implementing a plan with our Iraqi partners to strengthen their security forces and stand up a new national guard. The guard is a breakthrough idea, because it will ensure that Iraqis are protected by people with whom they are familiar and in whom they have trust. It'll break down some of the sectarian divide. And the new units will operate at the provincial area, but will be answerable to the Ministry of Defense in Baghdad. Overall, our campaign has begun to have significant impact. The momentum that ISIL built up during the summer has dissipated. It continues, yes, to commit terrible crimes. But it has also been forces to relinquish bases, abandon training sites, alter its mode of communications, disburse personnel, and stop the use of large convoys. Meanwhile, Iraq's national army is preparing to launch a counter- offensive and will do so when the time is right. And that is not a matter of years, it is a matter of months. The process of internal political reform in Iraq is also going forward. For the first time, a truly national cabinet is in place. The new prime minister, president, speaker of the Council of Representatives have all expressed their determination to avoid the paralyzing sectarian rivalries that smoothed the way for ISIL's gains. But as these strong leaders recognize, yes, substantial obstacles remain. Iraqi officials know that they must move quickly to reform discriminatory laws and build greater trust among Sunni tribes. They must bolster their governing institutions and make the country's armed forces more diverse, more professional. Our international coalition can be counted on to help with equipment, with training, but the political will to fight, to defend and to liberate must come from within. From Erbil in the north to Basra in the south to Fallujah in the west, Iraqis must take the lead in rescuing their country from those who are trying to steal it. Containing and gradually reducing the threat that ISIL poses is job number one for our Iraqi partners and for the coalition, increasingly led by the Arab community itself. But even if the government at Baghdad fulfills its responsibilities, it will still face a dire challenge because of events in Syria where ISIL has also established a destructive presence. The coalition's decision to carry out airstrikes in Syria came in response to a direct request from Iraq for help in defending against ISIL's aggression, a job that will be far harder if the terrorist can just duck across the border for reinforcements, money and supplies. Removing that option, which is what we have begun to do, will take time, but controlling the border is an essential element of the coalition's military strategy. No matter how long it takes, we will succeed in doing that as the Iraq army stands up and presents itself to do so. Now, I am aware that some believe that airstrikes against ISIL in Syria will have the perverse effect of actually assisting the country's long-time dictator Bashar al-Assad, whose ruthless repression has really generated the gravest humanitarian catastrophe certainly of this century. But that assumption is actually based on a misreading of the political reality in Syria. In fact, the Assad regime and ISIL are actually dependent on one another. That's why Assad has relentlessly bombed areas held by the moderate opposition, while doing almost nothing to hinder ISIL's march. This is a point worth emphasizing. Assad and ISIL are symbiotic. ISIL presents itself as the only alternative to Assad. Assad purports to be the last line of defense against ISIL. Both are stronger as a result. If this kind of opportunism sounds familiar, it is. History holds many examples, including in Central America three decades ago when right-wing militaries and left-wing guerrillas each exploited the extremism of the other. And the cycle was broken only when the United States joined with regional allies and political moderates to build up the center. There are vast differences between Latin America then and the Middle East now. I understand that. But the political equation of extremes against the middle is undeniably present in Syria. For too long, Syrians have felt that their only choice is actually no choice at all with terrorists on one side and a vicious dictator on the other. Our strategy, in coordination with our partners, is to offer the possibility of a new and more constructive choice, a reveille, if you will, for the moderates that excludes both the terrorists and Assad, an option that will be welcomed by every Syrian who wants to live in a country marked by civility and inclusiveness, good governance and peace. We believe that is what most Syrians are searching for -- a way out of the chaos and out of the bloodshed. That is why going forward the coalition intends to work with all Syrians who will work with us to empower the center. And progress is possible, we believe, if we are patient and combine coercive measures with creative diplomacy, and if we demonstrate the kind of international cooperation shown by our effort to destroy Syria's arsenal of chemical weapons. Russia and the United States worked very closely to do that. And now, for the first time in history during the conflict, all the chemical weapons that were subject to the Convention have been removed and destroyed. It doesn't get enough focus, but think what would happen today if ISIL had access to those weapons had that not happened. We believe there's an opportunity for cooperation, and we talk, even as we have difficulties in Ukraine, we talk with the Russians about this. We've talked with the Saudis and others. And we will continue to believe there is no military solution to the conflict in Syria. The most desirable outcome remains a negotiated political transition to a new and broadly representative government, and that would be the best way to marginalize foreign fighters, enable the return of refugees, and begin a process of reconciliation and recovery. This can only be a gradual process. But ISIL's emergence gives us a fresh cause to move in the right direction. The opportunity is there. We must seize it. And to that end, the United States calls on every country that has the ability to be able to make constructive contribution to that endeavor. Now, I want to emphasize this coalition is not just a military campaign. It is a multinational effort increasingly, as I said, marshaled by the Arab community to promote stability and peace throughout the region for the benefit of everyone in the region. And although the center of our activities is Iraq -- and Syria to some degree -- ISIL's influence is by no means confined to one part of the world. Its recruits, tragically, surprisingly to some, can come from any country. They can be male or female, of any ethnicity, and with or without spiritual convictions. Last year, two young men left Great Britain to join ISIL. Among the books that they ordered before departing was "Islam for Dummies" and "The Koran for Dummies." So, let's be honest: Those recruiting for ISIL aren't looking for people who are devout and knowledgeable about the tenets of Islam. They're looking for people who are gullible enough to believe that terrorists enjoy a glamorous lifestyle and pliable enough to do whatever they are told. The Arab ringleaders of ISIL may be evil, but they're not stupid. That's why the vast majority of suicide bombers and front-line fighters are foreign recruits. And, notice, none of the leaders to seek paradise for themselves. The foreigners are also ordered to perpetrate many of the worse crimes, because they lack any ethnic or linguistic ties to those that they're called on to kill. To extend its influence, the leaders of ISIL have called on followers to, quote, "explode volcanoes of jihad," close quote. And they've asked them to do that in every country. Last month I visited Canada, where two terrorist attacks occurred a few days apart, one of which was directed at the nation's Parliament. Last week, a terrorist group in Egypt proclaimed fealty to ISIL. ISIL insists that its acts of murder, torture, slavery, rape and desecration are in response to the commands of God, a claim that is, to use an old Boston expression, garbage. Much depends on the ability of respected figures from every branch of Islam to help potential recruits understand that ISIL is against everything that faith teaches and in favor of everything that it abhors. In September at the U.N. Security Council, President Obama chaired a high-level meeting on the challenge posed by foreign fighters. That gathering, coupled with the launch of the coalition, has sparked a sharp spike in the information that is being shared all across the world now, a broad array of initiatives designed to make it harder for people to join ISIL and less likely that ex-militants will escape detection when they're trying to return home. Last February, for example, Saudi Arabia's King Abdullah issued a decree banning Saudi citizens from joining or publicly supporting extreme religious and ideological groups. Indonesia has banned ISIL, revoked the passports of militants, and detained suspect travelers. In October, the United Kingdom arrested four ISIL sympathizers who had returned from Syria with plans to behead innocent people in the streets of London. The United States and other countries, from Norway to New Zealand, have warned citizens against travel to the war zone, and we are, they are all prepared to take legal action against those joining or aiding ISIL. In implementing these policies, we should allow young people who in the past signed up without knowing its true nature and who are genuine in their effort to seek rehabilitation to do so. But those who continue to join and fight today have no excuse. ISIL's identity as a band of murderous thugs should be plain to everyone, and those who willingly claim that identity for themselves bear the full onus for their actions. So we have to curb the flow of recruits to ISIL, but we must also halt the flow of money. ISIL get millions of millions, literally, a month from extortion, looting stolen oil bought by smugglers who operate outside of the conventional banking system. However, at some point the oil does have to enter the legal economy. And by working backward, we've been able to map where most of it comes from and to develop ideas about how to stop it. And we will also continue to bomb and destroy ISIL's oil infrastructure. Meanwhile, ISIL may find that extortion and theft are dwindling sources of revenue. Overrunning and looting a town can indeed by profitable, but when the plunder is spent, all that remains is another village to feed, one more position to defend. In the provinces where ISIL now operates, the Iraqi government had expected to spend more than $2 billion in administrative costs and services. Raising even a fraction of that amount to pretend to deliver the government they've promised to people is not possible. And when you combine it with other financial demands, it will place a growing strain on terrorist resources. We've already seen a 75 percent cut in pay for ISIL fighters in Mosul. As - that's why we keep saying this is a longer term, patient strategy that we believe in. And as for kidnapping, the United States has set a heart-rending but absolutely necessary example by refusing to pay ransom for captured Americans. Last year the U.N. Security Council and the G8 firmly endorsed an identical policy, and all of the evidence shows that where and if a country is paid a ransom, there are many more people who are taken hostage. Further, we have applied sanctions against more than two dozen individuals associated with ISIL or its predecessor group. The bottom line is clear. ISIL cannot live on hate alone. Acting together, we can gradually deprive it of the financial oxygen that it needs to purchase loyalty. And when that happens, ISIL will not only be morally and intellectually bankrupt, but just plain bankrupt as well. Finally, our coalition will wage a nonstop campaign in the battle of ideas. Following up on the recent coalition communications conference in Kuwait, governments in and outside the region are implementing plans to rebut terrorist propaganda in both conventional and social media. And while ISIL piles murder upon murder, we are doing all we can to feed the starved - starving, to shelter the homeless and to heal the wounded. And this is a commitment that we take seriously and that we will honor both during and after Iraq's efforts to drive ISIL out. The victims of ISIL already are in desperate straits. There are enormous numbers of people, as you know, displaced in Syria. About 10 million, 6 million within the country - 6 million or 7 million within the country, 1.5 million in Lebanon, 1.5 million in Jordan or more, and a similar number in Turkey. And the coalition is going to need to respond to that need. In the end, it really underscores the inescapable truth. This conflict is not between one civilization and another. Don't let anybody tell you that. This conflict is between civilization itself and barbarism. And now we're all aware that the Obama administration has been faulted for not having the perfect answer to every question related to the coalition's campaign. Fair enough. But as a student of history, I cannot recall the United States entering into any major confrontation with advanced knowledge of all the possibilities. Certainly we understand that the politics of the Middle East are tangled by ethnic sectarian rivalries, that the ground force components of our coalition remain a work in progress, that ISIL will be very hard to dislodge from some areas, and that the coalition's diversity demands careful management. The coalition has assembled governments that are not fully accustomed to even working together. This makes, yes, for some challenging conversations here and there, but the broad willingness to cooperate is enabling us to make progress. And ultimately we will be far stronger because of the wide range of perspectives that we respect and are bringing to the table. Now I readily acknowledge that there are a variety of hard questions facing the coalition, but we're developing convincing responses to each and we are determined to succeed because the stakes are so high. And to those who differ, we have a question of our own. Why would it have been better to stand aside and give ISIL a green light to continue its campaign of rape, slaughter, murder and bigotry across the heart of the Middle East, and what would the consequences of that be? We are confronting ISIL not because it's easy but because it's necessary. In that endeavor we welcome all questions, but we also want to hear alternatives. Every critic should be prepared to step forward with an answer to another question. What would they do? I also want to think together about another question. The participants in this conference are focused on long-term transformation and future trends, and well we should be. But as we do, let us remember the hard reality of the Middle East. If we don't defeat ISIL, there will be no viable or acceptable future for the Middle East. And if we don't build a strong future for the Middle East, it won't really matter what happens to ISIL, because over time, we will only win the fight against violent extremism in the Middle East if we have a clear vision of what the future of that region should look like. There must be visible and appealing alternatives to the nihilism that flows from the likes of ISIL, Al Qaeda, Al-Nusra and Khorasan. Those alternatives do exist today. But the stronger and more successful that we can make them, the more we can actually engage in the effort to implement them, the better off we're all going to be. Too many countries in the MENA region are held back by inefficient and inequitable economic policies, unresponsive political institutions, inadequate investments in education and a lack of fairness towards women. Fixing that is a long-term proposition, but long-term commitments are precisely what we need right now. We cannot allow frustration in those countries to grow faster than opportunity. The most dangerous terrorist networks are those that act in the moment but plan with future generations in mind. We have to do the same. I've heard this directly from foreign ministers in various countries in the region how these groups plot and plan, and grab kids when they're young and capture their minds and pay them a little money in the absence of anybody else doing anything for them, and then they become the recruits and then off they go. We have to have an alternative. 170 years ago, Thoreau wrote that for every thousand hacking at the leaves of evil, there is one striking at the root. If today's children are to prosper and raise their own families in a climate that is free from fear, we have to strike all of us at the root. And that task is by no means simple, but believe me, it is within our power. So even as we mobilize forces to defeat ISIL, we must also encourage measures to reform governance and create opportunity throughout the MENA region. That will not happen by trying to persuade the local population to turn away from its rich spiritual and cultural traditions. Change must develop from inside, but by reaching out where we can, investing in what we can, the United States can help to furnish the leverage that builders within the region seek. In that endeavor, President Obama has asked each of us never to feel constrained by the limits of what we think we can do; he wants us to define and act on what needs to be done. And we know that there are many, many people in the Middle East in and outside of government who, not withstanding current problems, are building platforms for development, diversity, democratic institutions and peace, and they are doing it right now, and they do it often at great risk. Accordingly, we believe that the region will emerge ultimately from its current struggles with a deeper understanding of its own interest in settling disputes and in preventing differences in ideology and creed from degenerating into the kind of conflict that we see today. We believe that nations that have been torn apart can heal their wounds, as our own country did long ago, and as Iraq had begun to do today. We believe that the destructive summons to terror will ultimately be rejected because it is at odds with the values of the vast majority of the region's people, and at odds with the dominant religion, Islam, of that region. And, finally, we have faith in the future of the Middle East because we trust in the resilience of the human spirit, which, along with the love of justice and freedom, has sustained our own land since before there was an America. And so, together with our friends, together with our partners, in contrast to the terrorists, the nihilists who aim to destroy, we remain builders, resolved to create for future generations a better world. And it is our determination to succeed that causes terrorists to fear us far more than we will ever fear them. Thank you. (APPLAUSE) END ### (0:00) /

NAME: ECU CORREA 20080115I TAPE: EF08/0064 IN_TIME: 11:01:49:13 DURATION: 00:01:32:10 SOURCES: POOL DATELINE: Montecristi, 15 Jan 2008 RESTRICTIONS: SHOTLIST: 1. Various of arrival of Ecuadorean presidential helicopter 2. Ecuador's president Rafael Correa arriving for State of the Union speech 3. Wide of military ceremony 4. SOUNDBITE: (Spanish) Rafael Correa, President of Ecuador: "There will be sacrifices. Every change implies resistance, more so when the changes are revolutionary ones. Thus far we have governed with clean hands, lucid minds and burning hearts, but under the existing system. In 2008, with the assembly there will be a definite change to this perverse system that has accompanied us for so long and caused us so much harm. The established powers, in their desperation, will do the impossible to stop change, to discredit an honest government and a patriotic assembly." 5. Correa arriving for State of the Union speech 6. Wide of military ceremony 7. SOUNDBITE: (Spanish) Rafael Correa, President of Ecuador: "2008 will be a great year for oil, not because of what we will do in 2008, but because of what we did in 2007." 8. Correa during national anthem 9. Close up of security 10. Exterior of headquarter of Constituent Assembly 11. Wide of State of the Union address STORYLINE: Ecuador's leftist president, Rafael Correa marked his first year in office on Tuesday saying his country will experience a "historic" moment of change in a peaceful and democratic environment and reiterated the central role played by the Constituent Assembly in that process. "Thus far we have governed with clean hands, lucid minds and burning hearts, but under the existing system," Correa told the assembly during his first State of the Union address. "In 2008, with the assembly there will be a definite change to this perverse system that has accompanied us for so long and caused us so much harm," Correa said in reference to Ecuador's established power structures. The centrepiece of his first year was the election of a special assembly to write Ecuador's new charter. In September, Correa won over 60 percent of the 130-member assembly's seats and despite strained relations with business sectors and some of the media, he enjoys a popularity rating of 64 percent, according to a recent Cedatos-Gallup poll. During the two-and-a-half hour speech Correa showed optimism that a possible increase in oil production will boost the impoverished nation's growth. Correa, a U.S.-trained economist and former finance minister, blamed Ecuador's slow growth last year - less than 3 percent, and one of the lowest rates in the region - on a nearly ten percent decrease in oil production in 2007 compared to the year before. However, Correa, who is a close ally of Venezuelan leader Hugo Chavez, again brushed off criticism that 2007 was a poor economic year for Ecuador, when growth totalled 2.67 percent compared to the year before, adding that "2008 will be a great year for oil." In his first year in office, Correa, who won the presidency in 2006 on promises to increase state oil income and social spending, sharpened his populist rhetoric, striking oil refining deals with ally Chavez. In November, Correa replaced the head of state oil company Petroecuador in order to increase its "efficiency." A month earlier, Correa signed a decree boosting the state's share of windfall oil profits - earnings on oil sold above prices fixed in company contracts - to 99 percent from 50 percent, worrying financial analysts. Correa had repeatedly promised greater state control of the economy. Ecuador is South America's fifth-largest oil producer with a daily average production of around 500 thousand barrels of crude.

RALPH NADER WEIGHS IN ON CORPORATE FRAUD

Perversion for Profit

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AP-APTN-1830: Belgium Exchange Wednesday, 1 February 2012 STORY:Belgium Exchange- European competition chief blocks trans-Atlantic derivatives exchange deal LENGTH: 02:59 FIRST RUN: 1230 RESTRICTIONS: AP Clients Only TYPE: Natsound/English SOURCE: EBS STORY NUMBER: 725904 DATELINE: Brussels - 1 Feb 2012 LENGTH: 02:59 EBS - AP CLIENTS ONLY SHOTLIST 1. Various of EU's Competition Commissioner Joaquin Almunia arriving for news conference 2. SOUNDBITE: (English) Joaquin Almunia, EU Competition Commissioner: "We have decided today to prohibit the proposed merger between Deutsche Bourse and New York Stock Exchange Euronext. Deutsche Bourse and NYSE Euronext operate the two largest exchanges for European financial derivates in the world, Eurex, belonging to Deutsche Bourse and Liffe belonging to NYSE Euronext. The two companies are by far the largest global players in these products. If the merger would have been allowed it would have resulted in a quasi-monopoly in exchange traded financial derivatives based on European underlyings where the two companies control more than 90 percent of the global market." 3. Various of Almunia at stand 4. SOUNDBITE: (English) Joaquin Almunia, EU Competition Commissioner: "In accordance to our merger control rules, the prohibition aims to protect the European economy from the perverse effects of a combination that would have practically eliminated effective competition in the market with significant harm to the consumers. The merger would have led to the worsening of conditions for companies trying to access financial instruments and would have harmed the European economy as a whole." 5. Journalist asking question 6. SOUNDBITE: (English) Joaquin Almunia, EU Competition Commissioner: "During our investigation that formally started last August, we found ample evidence that Eurex Deutsche Bourse and Liffe NYSE Euronext compete head to head and are each other's closest competitors. These two companies constrain each other's prices and compete in product and technology innovation. Therefore the merger would have eliminated a healthy process of competition." 7. Journalist asking question 8. SOUNDBITE: (English) Joaquin Almunia, EU Competition Commissioner: "In the end we had no alternative but to prohibit the merger. To conclude, financial exchanges are the lifeblood of European economy. I'm convinced that in order to serve the real economy well, financial markets must be open, efficient and competitive. Our important ongoing work in financial regulation fully supports this approach. Whatever the regulatory framework, entrenching a monopoly that would likely lead to higher prices and lower innovation is not in the European interest." 9. End of news conference STORYLINE The European Union on Wednesday blocked the Deutsche Boerse's planned merger with NYSE Euronext, a 10 billion (b) US dollar deal that would have created the world's largest financial exchange operator. The European Commission, the EU's executive body, said it was ruling against the merger because the combined exchange would have controlled 90 percent of the trading in European derivatives - complex but highly profitable financial products that allow investors to bet on areas like interest rates or the price of oil. It said that the combined company's dominance of that market would have made it almost impossible for competitors to offer rival trading systems. "If the merger would have been allowed it would have resulted in a quasi-monopoly in exchange traded financial derivatives based on European underlyings where the two companies control more than 90 percent of the global market," the EU's Competition Commissioner Joaquin Almunia said at a news conference. "The merger would have led to the worsening of conditions for companies trying to access financial instruments and would have harmed the European economy as a whole," Almunia added. The Commission's decision deals a blow to Deutsche Boerse AG and NYSE Euronext, which hoped combining their businesses would have allowed them to compete better with other large exchanges in the US and Asia. But it also underlines the profound transformation their businesses - and financial markets as a whole - have undergone over the past decade. Today, the value of outstanding derivatives contracts has surpassed by many times the value of traditional financial products like stocks and bonds. Deutsche Boerse and NYSE Euronext both managed to build highly profitable businesses out of this trend and today own Europe's biggest derivatives exchanges. A push from regulators across the globe to push more derivative trades onto exchanges to make the market more transparent has opened even bigger opportunities for established players. To make the merger acceptable, the Commission wanted the companies to sell either Deutsche Boerse's Eurex or NYSE Euronext's Liffe - something they refused. The Commission's decision did not come as a surprise as last month a competition case team recommended the merger should be blocked, based on the combined company's dominance in the trading of some of the most popular and liquid European derivatives. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN APEX 02-01-12 1345EST

The State Dept spokesman James Rubin delivers the briefing to reporters.

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Consumer Advocate Ralph Nader spoke to congressional interns today on the recent corporate accounting problems and Congress's relationship to many of the money mishandling.

[CONFERENCE CALL / SENATOR FRIST ON JOHN KERRY (D-MASS) ECONOMIC PLAN AND COMMENTS ON CLARKE / RS 136] [USA] 15:48:57 KERRY SAYS FOR HELPING US KEEPING JOBS, OPPORTUNITY PROVE IT WED, TOO BUSY TO SHOW UP FOR VOTE. HUGE SUPPORT FOR LEGISLATION. DEMOCRATS ARE FILLERBUSTERING. 15:49:27 EXCESSIVE TAXES, HIGH ENERGY BILLS. 15:49:53 KERRY HAS OPPOSED ANY ACTION TO HELP WITH COSTS... TAX BURDENS SIDED WITH SPECIAL INTERESTS AND MANUFACTURERS. 15:50:34 PART OF JOBS BILL, HYPOCRISY, HE HAS VOTED AGAINST COMMITTEE OF RE-PATRIOTISM AND NOW SAYS HE'S FOR IT. 15:51:06 CHRISTMAS TREE FOR TAX LAWYERS AND ACCOUNTANTS... CONVOLUTED, HUGE RULES, FOREIGN OWNERSHIP, PROVISION, HURT BY OUTSOURCING CAN APPLY TO TAX CREDIT. WHO WOULD QUALIFY FOR THAT? MANUFACTURING MORE COMPETITIVE, REDUCE TAX RATES, US HAS WORST BUSINESS TAX REGIME NEXT TO JAPAN. LOWER TAX BURDEN. ONLY COUNTRY DOUBLE TAX BUSINESS PROFITS. DON'T PAY TAX AT HOME AS WELL. NOT ONLY PAY TAXES TO IRELAND BUT TO AMERICA. 15:52:49 SO MURKY, TALK TO EXPERTS, NOT TAX BURDEN THAT IS CAUSING OUTSOURCING, LABOR COSTS, MATERIAL COSTS AND BOTTOM LINE IS IF YOU WANT TO OPERATE OVERSEAS YOU MUST PUT FACILITY IN COUNTRY OR THEY WILL NOT LET YOU DO BUSINESS THERE. GLOBAL COMPETITIVENESS DESTROYING MORE JOBS THAN CREATING THEM. COST ECONOMY AND BUSINESS 230 BILLION. HUGE INCREASES ON SMALL BUSINESSES, 2/3'S OF PEOPLE ARE SMALL BUSINESS OWNERS PROPOSE MAJOR TAX INCREASE, RAISE ON CAPITOL, DIVIDENDS, HURT CREATION OF CAPITAL. JIMMY CARTER TAX PROPOSAL VERY COMPLICATED AND MAKE GOAL ELUSIVE RATHER THAN NEARER. IN TERMS OF OUTSOURCING, KERRY DOESN'T MENTION WE IMPORT MORE JOBS THAN EXPORT. 15:55:34 WONDERING SENATOR FRIST, DECLASSIFICATION OF CLARKE REMARKS WHY SHOULD THESE BE RELEASED 15:56:04 CLARKE'S COMMENTS SHOW THAT HE IS SAYING DIFFERENT THINGS WITH DIFFERENT AUDIENCES AT DIFFERENT TIMES. THE FOX INTERVIEW MADE IT VERY CLEAR THAT WHAT HE SAID IN AN INTERVIEW JUST A FEW MONTHS AGO WAS 180 DEGREE TURN TO WHAT HE SAID THIS WEEK TO THE 9/11 COMMISSION UNDER OATH. 15:57:30 THE POINT I WAS MAKING TODAY IS THAT HE MADE SIMILAR COMMENTS IN A CLASSIFIED BRIEFING ALLEGEDLY, AND THAT WAS UNDER OATH. AND IF COMMENTS ARE SO DIFFERENT THAT IT SHOULD BE DECLASSIFIED TO DEMONSTRATE THE HYPOCRICY AND JUXTAPOSITION OF REMARKS THAT ARE NOT SIMILAR IN ANY WAY. 15:57:15 I HAVE CERTAINLY NOT ACCUSED HIM OF PERJURY. I BASICALLY AM CALLING FOR THE RELEASE AND DECLASSIFICATION CONSISTENT WITH THAT REQUEST THAT HAS BEEN MADE. THERE IS NO QUESTION THAT HE'S TOLD TWO DIFFERENT AUDIENCES TWO DIFFERENT THINGS ABOUT THE CLINTON ADMINSTRTAION AND BUSH ADMINISTRATION -- THAT'S CLEAR. THE ONLY THING I'VE ASKED FOR IS THE DECLASSIFICATION OF THE STATEMENT MADE UNDER OATH, NO ALLEGATION OF PERJURY. 15:58:30 FIRST OF ALL IN TERMS OF HELPING ON ISSUE, YOU DON'T RAISE GAS TAXES, 50 CENT GAS INCREASE, SCUTTLING KYOTO PROPOSAL, TREATY EXPERTS WOULD RAISE GAS BY 65 CENTS AND THAT'S A BUCK A GALLON AND GAS ALREADY AT RECORD HIGHS. SEVERAL THINGS BE DONE, INCREASING PRODUCTION, NOT JUST OVERSEAS BUT HERE AT HOME AND IN ALASKA, COULD BE HUGE THING BUT KERRY WOULDN'T LET EXPLORATION TAKE PLACE. PUSHING TO INCREASE PRODUCTION, VENEZUELA CRISIS, PRESSURE ON OPEC, DON'T PUT IN REGULATIONS THAT WILL INCREASE COST OF ENERGY, COAL MORE EXPENSIVE AS WELL. HIGH COST ENERGY MAN AND THAT'S GOING TO HURT HIM. 16:01:22 I WOULD HURT ECONOMY TAKE OFF SEVERAL BILLION DOLLARS SINCE TAX CUT PASSED SINCE MAY, EVEN THOUGH TOOK HIT ADDED 2 TRILLION DOLLARS, INVESTING IN CAPITAL SPENDING, SLOW DOWN COLLAPSE OF BUSINESS SPENDING. COVER VIGOROUSLY, IF YOU TAKE AWAY, RAISE TAXES AS KERRY HAS DONE, SMALL BUSINESS OWNERS. A LOT OF BUSINESSES ARE CHAPTER S CORPORATIONS. HE'S GOING TO PROPOSE TO INCREASE THOSE TAXES, TAX RICH, PEOPLE MAKING ABOVE 200k ARE SMALL BUSINESS OWNERS AND THEY ARE JOB CREATORS. IF YOU DO AWAY WITH GAINS PRODUCTION THAT'S GOING TO HURT INVESTMENT SINCE TAX BILL PASSED ECONOMY GROWING AT 4% RATE. NOT A RECEDING, IT'S A DISGUISE WORD FOR INCREASING TAXES. SUB GROWTH RATE. 16:03:49 IT USUALLY HIT A VERY GOOD QUESTION, FOR THOSE TWO SURVEYS THEY GO PANDUM TRAVEL IN PARALLEL DIRECTIONS. DIVERGE FOR A WHILE, CREATION FOR A LOT OF SMALL BUSINESSES, AND TAKES A WHILE FOR SURVEYORS TO REALIZE WHOLE NEW PART OF ECONOMY, GET A WORK PICTURE OF JOB CREATION. WHO'S WORKING AND WHO ISN'T, IS A MORE ACCURATE MEASURE OF JOB SITUATION, NOT NEARLY AS BLEAK AS OTHER SIDE MAKE IT OUT TO BE, ANOTHER FACT IS THAT WE BRING INSOURCE MORE JOBS THAN OUTSOURCE. 6 1/2 MILLION JOBS, SAMSUNG 5 MILLION JOB IN TEXAS, REMOVING, SOUTH CAROLINA, BMW HAS PLANT. FOCUS BEEN ON OFF SHORING OF JOBS WE'VE COME OUT AHEAD, WE WANT UNEMPLOYMENT RATE LOWER, AND SOME REFORMS PRESIDENT PROPOSED AND REGULARITY REFORM ESPECIALLY LITIGATION REFORM WE'D BE MUCH MORE COMPETITIVE IN CREATING MORE JOBS. 16:06:22 OUTSOURCING GOING ON FOR NUMBER OF YEARS HOW DO WE STRENGTHEN OUR ECONOMY SO JOBS DON'T GET OUTSOURCED OR DISAPPEAR IN US. LOT OF THINGS TO BE DONE, WE HAVE SECTOR THAT HAS WORST CORPORATE TAX RATES, BUSINESSES 12.5%, WE ARE AT 40% THAT'S A HURTFUL THING, KERRY PROPOSES ONE YEAR HOLIDAY IF YOU REPATRIOT... 10% GOOD FOR ONE YEAR WHY NOT MAKE IT PERMANENT. NOT WHAT HE IS PROPOSING, EMPHASIZE PERSON HURT BY OUTSOURCING. TAX CREDITS AND BREAKS, TAKE A CALL FROM UNITED STATES BAD, BE HORRENDOUS AND PERVERSELY DO IS GIVE INCENTIVES TO PARTNERSHIPS SO THEY ESCAPE.. DESTRUCTIVE PROPOSAL, I THINK WE SHOULD DO A BIGGER ONE.

DEMOCRATIC PRESIDENTIAL CANDIDATE HILLARY CLINTON REMARKS IN NEW YORK CITY AT THE NYU STERN SCHOOL OF BUSINESS Per her campaign, will address "shifting corporate culture to achieve long-term economic growth and lasting prosperity." TWO CAMERA ANGLES OF HER REMARKS INCLUDING FNC UNILATERAL VERSION BECAUSE OF ZOOM ISSUE DESCRIBED BELOW; Our FNC camera that was there doing our reporter liveshots shot a unilateral version of the speech so we can feed out the first 15 min of the speech on the space and private DA since there was the digital zoom issue "Thank you. Thank you. Hi. Hi. Thank you all very much. Thank you. Thank you. Thank you. Thank you very, very much. I want to tell you it's wonderful being back here at NYU and I thank you all for joining me today. Especially my good friend and former colleague, Congresswoman Carolyn Maloney. Thank you so much Carolyn for coming. I am grateful for this opportunity to share some of my further thoughts about our economy and the work that our country needs to do in the years ahead. "First I want to say a word about what's in the news today. It's because there have been a lot of inaccuracies, as Congressman Cummings made clear this morning. Maybe the heat is getting to everybody. We all have a responsibility to get this right. I have released 55,000 pages of emails. I have said repeatedly that I will answer questions before the House committee. We are all accountable to the American people to get the facts right and I will do my part. But I'm also going to stay focused on the issues, particularly the big issues that really matter to American families. "Over the past few months, I've had the pleasure of meeting young people all over our country. Many came of age in the wake of the 2008 financial crisis and the deep recession that it caused. The fallout from that crash has tempered their expectations for the future and left them clear-eyed about the challenges ahead - the challenges they face and that America faces. "Yet, like generations of Americans before them, there is also undimmed optimism. "Today's young people are preparing to enter an economy they know will be competitive, not just at home but globally. They're thinking about how they'll find a good job after graduation that can help them get ahead and stay ahead. The risk of a setback, or, potentially, another crisis, is never far from their minds. But what inspires me is that they are undaunted by these challenges. They're seeking real opportunities and real rewards for the work that they put in. And they're hopeful that tomorrow will indeed be better than today. "I hear these stories everywhere I go. The hard work, grit, and sacrifices of people across our country that have brought us back and driven our recovery. So yes, now we're standing again, but we're not yet running the way America should. "No country is better positioned to thrive in today's global economy. We have the most innovative, enterprising private sector and most talented workers anywhere in the world. "Yet while corporate profits are at near-record highs, paychecks for most people have barely budged in real terms. "And out-of-pocket costs of everything from health care to prescription drugs to childcare, to college, to caring for aging parents are all rising a lot faster than wages. That then is putting a lot of pressure, enormous pressure on families and their budgets. "My mission from my first day as President to the last will be to raise the incomes of hard-working Americans- so they can, once again, afford a middle-class life. We need to end the wage stagnation that's holding back our families and holding back our country. "This is the defining economic challenge not only of this election, but of our time. It gets to the core of who we are as a nation - the basic bargain of America: "If you work hard and do your part, you should be able to get ahead and stay ahead. And when you get ahead, our country gets ahead too. "Last week at the New School, I laid out a broad economic agenda to raise incomes and build an economy that works for everyone, not just those already at the top. It's an agenda for strong growth, fair growth, and long-term growth. "In the days ahead, I will continue outlining plans in all these areas, from setting ambitious goals for new infrastructure and clean energy investments, to reining in excessive risk on Wall Street. "Today, I want to focus in particular on long-term growth. "Consider this fact: "A survey of corporate executives found that more than half would hold off making a successful long-term investment if it meant missing a target in the next quarterly earnings report. "In another recent survey, more than 60 percent said the pressure to provide short-term returns had increased over the previous five years. "We also know that publicly-held companies facing pressure from shareholders are less likely to invest in growth opportunities than their privately-held counterparts. "Large public companies now return eight or nine out of every ten dollars they earn directly back to shareholders, either in the form of dividends or stock buybacks, which can temporarily boost share prices. Last year, the total reached a record $900 billion. That doesn't leave much money to build a new factory or a research lab, or to train workers, or to give them a raise. "In fact, according to the Wall Street Journal, between 2003 and 2013, while typical companies in the S&P 500 doubled the share of cash flow they spent on dividends and stock buybacks, they actually cut capital expenditures on things like new plants and equipment. "As the founder of the investment management company Vanguard put it, "A culture of short-term speculation has run rampant." "One other concerned business leader calls it "quarterly capitalism." "Now, I understand that most CEOs are simply responding to very real pressures from shareholders and the market to turn in good quarterly numbers. And investors are always looking for strong, reliable returns. "But it is clear that the system is out of balance - the deck is stacked in too many ways - and powerful pressures and incentives are pushing it even further out of balance. "Quarterly capitalism as developed over recent decades is neither legally required nor economically sound. It's bad for business, bad for wages, and bad for our economy. "And fixing it will be good for everyone. "An increasing number of business leaders, investors, and academics are mobilizing to change the culture of boardrooms, classrooms, and trading floors and to better align incentives for long-term growth. For the sake of our economy and our country, we need to stand with them. "Innovators like Google and SpaceX are investing in research that does little for today's bottom line but may yield transformational benefits down the line. "Venture capitalists are patiently nurturing the next disruptive innovator. "The Big Three automakers - GM, Ford, and Chrysler - are putting the memory of the crisis behind them and making new investments in factories and technologies of the future, including advanced batteries. "Companies like Trader Joe's and QuikTrip that have prospered by investing in workers, increasing wages, and improving training are becoming industry models. "And large employers like Target and Starbucks have recently raised wages for entry-level workers - and, thanks to pressure from workers, the trend has even extended to McDonald's and Walmart. "Now you may have heard that I am a fan of Chipotle. And it's not just because of their burrito bowl. Last month, the company announced it would provide paid sick days, paid vacation time, and tuition reimbursements to its part-time employees. "These are all smart long-term investments that will and do pay off for companies, workers, and our society. "And they point to an important question for the future of our economy: How do we define shareholder value in the 21st century? "Is it maximizing immediate returns or delivering long-term growth? Of course we want to do both. But today, too often the former comes at the expense of the latter. "Real value is lasting value. We all know that in our own lives. I learned it watching my father sweat over the printing table in his small fabric shop in Chicago. He scrimped and saved to build that business and provide for our family's future. "It wasn't good enough to be secure for today. What mattered was tomorrow. "And what's true in life is also true in business. Real value comes from long-term growth, not short-term profits. It comes from building companies, not stripping them; from creating good jobs, not eliminating them; from seeing workers as assets to cultivate, not costs to be cut. "American business needs to break free from the tyranny of today's earning report so they can do what they do best: innovate, invest, and build tomorrow's prosperity. "It's time to start measuring value in terms of years, or the next decade, not just the next quarter. "That is one of the ways we can raise incomes, help families get ahead, and deliver real value for shareholders. "Now, there's no single cause of quarterly capitalism, and therefore no single solution. But there are smart, specific reforms that can be made by both the private and the public sectors that would better align market incentives for long-term growth. Reforms that many forward thinking business leaders themselves have been calling for. "I'll mention five areas of focus today, but this list should be the beginning of the discussion, not the end. "First, I am proposing a reform of taxes on capital gains - the profits earned by the sale of stock and other assets - to promote and reward farsighted investments. "The current definition of a long-term holding period - just one year -- is woefully inadequate. That may count as "long term" for my baby granddaughter, but not for the American economy. It's no way to run a tax system. "So as President, I would move to a six-year sliding scale that provides real incentives for long-term investments. "For taxpayers in the top bracket - families earning more than $465,000 a year - any gains from selling stock in the first two years would be taxed just like ordinary income. Then the rate would decrease each year until it returns to the current rate. "This means that from the moment investors buy into a company, they'll be more focused on its future growth strategy, than its immediate profits - and so will some executives who are paid in part with stock or stock options. "I will also be looking at ways to address very short-term trading, whether it's conducted over days, hours, or even milliseconds. "And we should offer the chance to eliminate capital gains taxes altogether for certain long-term investments in small businesses, including innovative start-ups, and hard-hit communities, from inner-cities to the Rust Belt to coal country to Indian country. This should go hand-in-hand with a revitalized and expanded New Market Tax Credit, which also encourages investment in poor or remote communities and helps prevent downward spirals after economic disruptions like plant closings or layoffs. "I want to see more investors helping unlock the potential of the family business that's struggling to get back on its feet. Or the start-up that's on the verge of making it big. Or the community that lost the factory where generations of families worked but now is eager to build a new future. That's long-term growth at its best. "Now of course, I understand that these changes to the tax code alone will not shift investors' focus from short-term to long-term overnight. But I believe this reform is an important first step toward removing some of the incentives that push us toward quarterly capitalism. "And this will all be part of a broader reform of both individual and corporate taxes that I will be discussing later in the campaign. Last week, I called for closing the carried interest loophole and implementing the Buffett Rule, which would make sure millionaires don't pay lower rates than their secretaries. "And in the months ahead, I'll address other inequities and loopholes that distort business decisions and rig our tax code for those at the top. "The second area where action is needed is to address the influence of increasingly assertive shareholders determined to extract maximum profit in the minimum amount of time- even at the expense of future growth. "Now, so-called "activist shareholders" can have a positive influence on companies. It's a good thing when investors put pressure on management to stay nimble and accountable, or press for social and environmental progress. "But that's very different from these "hit and run" activists whose goal is to force an immediate pay out - no matter how much it discourages and distracts management from pursuing strategies that would add the most long-term value for the company. "Even iconic businesses like Apple, or Procter & Gamble, or Dow Chemical have felt this pressure. "So we need a new generation of committed long-term investors to provide a counter-weight to the hit-and-run activists. "Now some institutional investors already are beginning to push back. We need more pension funds and proxy advisory firms to do so as well. Institutional investors control 70 percent of the shares in the largest 1,000 U.S. companies. They have unmatched influence, and therefore an unmatched obligation to guide companies toward strategies and metrics focused on long-term value. "There are things government should do as well. "As President, I would order a full review of regulations on shareholder activism, some of which haven't been reexamined in decades, let alone modernized to reflect changing realities in our economy. "We also have to take a hard look at stock buybacks. Investors and regulators alike need more information about these transactions. Capital markets work best when information is promptly and widely available to all. "Other advanced economies - like the United Kingdom and Hong Kong - require companies to disclose stock buybacks within one day. But here in the United States, you can go an entire quarter without disclosing. So let's change that. "And buybacks lead directly to the third area of focus: reforming executive compensation. "We cannot address the challenge of quarterly capitalism without making sure that incentives for CEOs and other executives are more focused on the long-term growth and strength of the companies they run and less on the short-term fluctuations in its share price. "Now I am all for rewarding CEOs well when their companies prosper and their employees also share in the rewards. But there is something wrong when senior executives get rich while companies stutter and employees struggle. There's something wrong when corporate boards allow exorbitant pay packages that aren't based on credible assessments of executive performance or a company's long-term interests. "Thirty years ago, top CEO's made 50 times what a typical worker did. Today they make 300 times more. That just doesn't make sense. Previous generations of executives were just as talented and hard-working, and they managed to get by with much more reasonable compensation. So have CEOs in other countries. It would be good for our economy and for our country if we get back to compensating all employees when productivity and profits increase, not just those at the top. "Now in the 1990s, there was an effort to tie executive compensation to company performance, including through the use of stock options. "But many stock-heavy pay packages have created a perverse incentive for executives to seek the big payouts that could come from a temporary rise in share price. And we ended up encouraging some of the same short-term thinking we meant to discourage. "In addition, while the Dodd-Frank financial reform legislation passed in 2010 called for new regulations regarding disclosure of executive compensation, many rules have yet to be put in place. "That includes a requirement to publish the ratio between CEO pay and the paychecks of everyday employees. There is no excuse for taking five years to get this done. Workers have a right to know whether executive pay at their company has gotten out of balance - and so does the public. "Now we need to take several steps here. "Defend the Dodd-Frank Act from Republican attacks and finally get the promised rules on the books. "Reform the performance-based tax deductions for top executives. "Expand disclosure requirements under the "say-on-pay" rule to include an explanation of how executive compensation will promote the long-term health of the company. "Now, a crucial fourth area for reform is how we empower workers and make sure they're seen as the engines of growth that they are. "Research shows that well-paid and well-trained employees tend to work more efficiently, stay on the job longer, and provide better customer service. But those rewards can be harder to measure than the immediate cost of payroll and training. So under the pressure of quarterly capitalism, they're often squandered. "Employer-funded job training has fallen by more than one-third in the past two decades, even as the premium on skilled workers has increased in a competitive global economy. And even where training programs do exist, too few are focused on providing broadly applicable sectoral skills. "The decline of unions and worker bargaining power has led to a decline in worker voices in long-term decision-making at many companies. And it's no surprise that we've seen corporate investment in human capital decline as well. I think we need to start trying to reverse all of these trends. "As President, I will fight to defend workers' rights and encourage more companies to invest in their employees. "In this campaign I've already proposed a $1,500 dollar apprenticeship tax credit for every new worker that businesses train and hire, as well as a plan to encourage more companies to offer generous profit sharing programs. "I've also called for raising the minimum wage and implementing President Obama's new rules on overtime. "And let me add, I agree with New York's proposal this week to raise wages for fast food workers to $15 an hour. The national minimum wage is a floor and it needs to be raised. "But let's also remember that the cost of living in Manhattan is different than in Little Rock and many other places. So New York or Los Angeles or Seattle are right to go higher. "Now if we're going to ask the private sector to invest in the long-term, let's all face up to the fact that Washington may well be the worst offender of all when it comes to short-term thinking. And this is the fifth area of reform that is desperately needed. "It's time to end the era of budget brinksmanship in Congress and stop careening from one self-inflicted crisis to another. That just creates more uncertainty for business, for investors, and for our country. "You know I've been asking a lot of business leaders with whom I have talked, 'What are a couple of things you would love to see happen?' And almost to a person, they always say, 'We need more predictability. We have no idea what's going to come out of Washington. We can deal with whatever does - but when we don't know, when it doesn't come, when there are stalemates, when there are government shutdowns - that interferes with our business and particularly with our global business.' Which is kind of an obvious thing to say, but I hope people in Washington will pay attention. "And let's stop pouring subsidies into industries that are already thriving - like the giveaways in the tax code to the oil companies - and start investing in the future to create millions of more new jobs in the new economy. "We should be making smart investments in infrastructure, innovation, education, and clean energy that will help businesses and entrepreneurs grow and create the next generation of high-paying jobs. And we know the investments that would be made in these areas have very high returns. There's no excuse not to make them - and to make them now. "For example, we should improve and make permanent the Research and Experimentation tax credit. Every few years Congress has another squabble over whether to renew this credit. They've done it 16 times in the past thirty-five years. Isn't it time we stopped kicking the can down the road and actually got down to doing the people's business? "And as important as the specific reforms I've outlined here are, the truth is that the fight against quarterly capitalism cannot be won in Washington alone. The private sector has to rise to this challenge. We're already seeing a movement for change taking shape. Investors, executives, and employees are all starting to step up. Union leaders are investing their own pension funds in putting people to work to build tomorrow's clean energy economy - and they earn good returns doing that. "We need to build on this momentum. It's time to return to an old fashioned idea: that companies' responsibility to their shareholders also encompasses a responsibility to employees, customers, communities, and ultimately to our country and, yes, our planet. The strength and legitimacy of American capitalism have always depended on its ability to create opportunities for hard-working families to get ahead, generation after generation. We can't lose sight of that. "I'm pleased that since 2010, thirty-one states have enacted legislation authorizing so-called "benefit" corporations, which allow companies to pursue both profit and social purpose. Senator Mark Warner has suggested that we recognize a new corporate form and reward companies that invest in their workers. That proposal has real merit and we should explore it further. "What's good for middle class families also happens to be good economics. We know that strong, sustainable growth can only happen when communities are thriving and workers are well paid. "And after all our economy is a 70% consumption economy. It's that old Henry Ford story, when he decided he was going to be paying his workers, as I recall, the princely sum of $5 a day and a lot of his peers really rose up in opposition: 'How can you do this? You're going to throw off the labor market. You're setting a bad example.' And his response was, 'I'm building these cars, I need people to buy them.' "Well our economy is not yet running the way it should in large measure because we're not putting enough money in the paychecks of enough Americans so that they in turn can be fueling this consumption economy, which not only holds up the American economy, but holds up the global economy. "It's in everyone's interest - including Corporate America's - to contribute to a vibrant middle class and rising incomes. "Now as President, I won't try to impose a one-size-fits-all solution. But I will use the power, the convening power of the office to bring all relevant parties together to help move our corporate culture toward solid long-term growth and investment. "Just imagine how different our history would have been if short-termism had dominated earlier eras the way it does today. "What if an activist hedge fund had persuaded AT&T to maximize cash flow and close Bell Labs before the transistor or the laser was invented there? "What if Xerox had decided that its Palo Alto research park wasn't doing enough to boost share prices in the short term. A young Steve Jobs would never have visited and the personal computer revolution might not have happened. "What if Congressional budget cuts had shut down DARPA - the Defense Advanced Research Projects Agency - before it developed the early Internet? "Today, we face a choice - between the future and the past. "The Republicans running for President seem totally unconcerned about the problem of quarterly capitalism. In fact, their policies would make it worse. Most would eliminate capital gains taxes for wealthy investors with no incentives for long-term holding. They'd wipe out the new rules on Wall Street imposed after the crisis. And, of course, they'd further strip worker rights and weaken bargaining power. "Indeed, their approach to government mirrors the worst tendencies of hit and run shareholders, demanding quick payouts in the form of tax breaks for the wealthy at the expense of investing in the future. They ignore long-term challenges like climate change, poverty and inequality, failing infrastructure. Just look at the current mess in Congress with the highway bill. "We can't afford to return to the same out-of-touch, out-of-date policies that wrecked our economy before. "We have to work together to drive strong growth, fair growth, and long-term growth. "That's the only way we will renew the basic bargain of America. You know it: if you work hard, you should be able to get ahead and stay ahead. And when you do, America gets ahead too. "It's the only way we're going to build an American economy for tomorrow, not yesterday. "I invite you to join me in this discussion. I'm looking for new creative, innovative, disruptive ideas that will save capitalism for the 21st century because it is the greatest engine of economic opportunity and potential that has ever been invented. It's one of the great accomplishments of the American political and economic history. It created the opportunities that so many generations of Americans took advantage of and that led to the middle class - the extraordinary economic accomplishment of our country. "And as we've had to do in previous eras, it needs to be reinvented. It needs to be put back into balance. It needs to recognize that we really are all in this together - and the better we all do, the more there will be for everybody: to share in, to invest in, to profit from. "So I ask you, and particularly here at Stern - the students and the faculty and others who are studying business - help us think through the best ways to change the culture, to move it back to where it used to be, which was much more focused on long-term investing, with the results of the extraordinary prosperity that we enjoyed for decades. "We have new challenges from technology and globalization and other big problems on the horizon - like climate change, for example - but that is what we are best at doing in this country. We are problem solvers, not problem deniers. We roll up our sleeves, we get to work, and we keep moving forward. It is always all about tomorrow. "Love that song, 'Don't stop thinking about tomorrow.' "So help me think about it and let's make it happen. Thank you all very much."

CIVIL LIBERTIES GROUPS BLAST BUSH DRUG POLICY STRATEGY

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The Duke of Cambridge, Prince William ttends the International Corruption Hunters Alliance conference. The Duke`s speech will focus on corruption surrounding the illegal wildlife trade. After the Duke`s speech your pool crew (camera only) will be escorted to a separate room within the WB to shoot a very quick spray of a lunch discussing the transportation across borders of illegal wildlife parts. **Note: He will arrive with Mr. William Hague, First Secretary of State, and be greeted by President of the World Bank, Dr. Jim Yong Kim. Prince William, The Duke of Cambridge, remarks at the World Bank DC Slug: 1200 PRINCE WILLIAM WORLD BANK RS35 75 AR: 16x9 Disc #355 NYRS: WASH6 (4551/5101) 12:15:41 PRINCE WILLIAM, DUKE OF CAMBRIDGE: Dr. Kim, ladies and gentlemen, thank you for your extremely warm welcome on this, my first visit to Washington. I'm grateful for the opportunity to talk to you about a subject very close to my heart: the illegal wildlife trade. The World Bank is a fitting place to make this speech, founded as it was not only on expertise, but on ideals. Seventy years ago, at its birth, it was a bank for a war-shocked world, needed to reconstruct the shattered economies of Europe and so prevent future conflicts. But even then the World Bank had a wider purpose - to raise living standards everywhere and, in the words of John Maynard Keynes, to make the resources of the world more fully available to all mankind. That task of worldwide development remains a noble ideal and a vital service to humanity. 12:16:37 As you know, huge progress has been made. In our lifetimes, millions of people will have lifted themselves out of poverty. But stubborn impediments to development remain, of which corruption is one of the most persistent and damaging. Tomorrow is U.N. Anti-Corruption Day, and I pay tribute to the courageous individuals who labor against corruption worldwide, often risking their jobs and even their lives. At its heart, all corruption is an abuse of power, the pursuit of money or influence at the expense of society as a whole. Worst of all, it weighs most heavily upon the world's poorest and most powerless people. It deepens their hardship, stifles opportunity, distorts justice and undermines development. Where corrupt hands tear down faster than clean hands can build, escaping from the (traffic policy ?) or conflict is much more difficult. In my view, one of the most insidious forms of corruption and criminality in the world today is illegal wildlife trade. Here, criminal gangs turn vast profits from the illegal killing or capture of wildlife, armed groups and terrorists swap poached ivory for guns, and middlemen oil the wheels of the trade in return for reward. Together they loot our planet to feed mankind's ignorant craving for exotic pets, trinkets, cures and ornaments derived from the world's vanishing and irreplaceable species. 12:18:21 I was inspired by my grandfather and my father, who have championed international conservation for over 50 years. They helped to bring about a revolution in attitudes towards our natural environment. From them, I learned that our relation to nature and wildlife goes to the heart of our identity as human beings, from our sheer survival to our appreciation of beauty and our connection to all other living things. Seen in this light, the extinction of any the world's species of animals is a loss to all humanity, but furthermore, wildlife crime goes to the heart of our security. It recognizes neither national borders nor national interests. It distorts economic development, undermines the rule of law and fuels sources of conflict. Unchecked, it can be a factor in the spread of infectious diseases, with a devastating toll. Illegal trade threatens to wipe the natural endowment for the affected nations by depriving future generations of their heritage and of their right to develop those resources in legitimate ways. Indeed, it suits traffickers that areas rich in natural resources remain underdeveloped or conflict-ridden, so they can go on plundering without restriction. 12:19:50 Ladies and gentlemen, it is wrong that children growing up in countries vulnerable to wildlife crime are losing their birthright in order to fuel the greed of international criminals and that those children will face greater hardship and insecurity as this crime traps them in poverty, for within the last decade, them in poverty, for within the last decade the illegal wildlife trade has mutated from low-level opportunistic crime to large-scale activity by international criminal networks. The trade is only exceeded in value by the illegal market for drugs, arms and trafficked human beings, and generates as much as $20 billion a year in illegal profits, profits which are used to fund organized criminal networks and non-state armed groups. I don't need to tell you that this holds alarming implications for our global security as, sadly, this trade is on the rise. 12:20:50 According to Interpol, recent seizures of illegal wildlife products are the largest ever seen. In 2011, the 17 largest seizures by customs officials netted a staggering 27,000 kilograms of ivory, equivalent to the tusks of at least 3,000 elephants. As these figures suggest, traffickers are taking advantage of globalization, hiding within the huge flows of goods across borders and exploiting technology, from helicopters and precision weapons to the borderless markets of the Internet. As wildlife crime has become more organized and more sophisticated, requiring specialized skills, it has become even more brutal. More than a thousand rangers have been killed over the last 10 years. That is, on average, two rangers dying every week for a decade. As rare animal populations are shrinking, demand is surging, with the perverse effect of making trafficked wildlife more valuable. Some endangered species are now literally worth more than their weight in gold, which makes it even harder for governments and international bodies to counter this trade. For example, according to some reports, in China and Southeast Asia, the wholesale street price of ivory has increased from $5 to $2,100 per kilogram in 25 years. And this is reflected in increases in poaching. In South Africa, the number of rhinos killed by poachers in 2007 was 13. In 2012, it was more than 600. In 2013, more than 20,000 elephants were killed on the African continent. With numbers poached now exceeding the rates of birth, there are now only 3,200 tigers left in the wild. I could go on. 12:22:52 The cumulative effect of wildlife crime is shocking. The abundance of the world's species has decreased by almost a third over the last 100 years. This hugely impoverishes all of us. We need new efforts to drive wildlife trafficking from our lands, our seas and our skies, and time is not on our side. Over the last two years, through the Royal Foundation, we have brought together seven of the world's preeminent conservation organizations into a new collaboration entitled United for Wildlife, of which I am very proud to be president. We work alongside others in a wide range of areas, from the protection of endangered species through anti-poaching programs to projects to reduce demand for wildlife products, efforts to strengthen legal systems and support for local communities. But increasingly, our work has highlighted the desperate need for international cooperation to combat trafficking itself. Last year the Royal Foundation commissioned a report from the wildlife trade monitoring network TRAFFIC. It showed that even though national law enforcement is improving and shipments are being seized, loopholes and shifting trade patterns mean that the volume of the trade has not diminished substantially. 12:24:17 The report brought to life the hidden roots and means of wildlife trafficking, from small-scale smuggling in suitcases to vast shipments by plane or container freight companies. It reveals that private sector actors are often ignorant of the role they play in the trade chain. A rhino tusk sawn off in East Africa ends up in the hands of consumers thousands of miles away in Europe, America or Asia, often having crossed multiple borders without the knowledge of those transporting them. If we are to crack down on wildlife crime, this trade must be stifled. So I'm very pleased to say that under the auspices of United Wildlife, a taskforce is to be formed specifically designed to work with the transport industry, from airlines to shipping lines, to examine its role in illegal wildlife trade and identify means by which the sector can break the chain between supplies and consumers. The taskforce will bring together key partners and representatives of the transport sector, underpinned by expert legal advice. It will draw together existing evidence and information about the illegal wildlife trade, identify gaps in knowledge and commission research to plug those gaps. The taskforce will call on companies to implement a zero-tolerance policy towards the trade. Criminals are able to exploit weak and corrupt standards, so we must raise those standards collectively. I'm delighted that William Hague, the former British foreign secretary and chair of the London Conference on Illegal Wildlife Trade held earlier this year, is here today and has agreed to chair an international task force. 12:26:07 Within a year, the task force will work for the transport industry to develop recommendations for how it can play its part for shutting down wildlife trafficking trade routes, with the sole intention that the implementation of these recommendations will lead to a tangible and significant reduction in illegal wildlife trade. Cooperation is our greatest weapon against the poachers and traffickers who rely on evading individual national initiatives. By taking a truly international approach, we can get one step ahead of them. Our collective goal must be to reduce the wildlife trade by making it harder, denying traffickers access to transportation, putting up barriers to their legal activities and holding people accountable for their actions. Those who look the other way or spend the illicit proceeds of these crimes must be held to account. 12:27:04 Some people may say that this is impossibly difficult task. It is true that like any organized crime, the illegal wildlife trade is a many-headed hydra. Tackling it will be complex challenge. But complexity brings out the best in human ingenuity. Here in America, for example, is the groundbreaking Fish and Wildlife Service Forensics Laboratory, the world's only science lab devoted to crimes against wildlife, capable of extracting DNA from trafficked goods, which can be used to trace the traffickers. Another highly commendable example is in China, where the government, working in partnership with local NGOs, is successfully curbing the trade in shark fins. There is also great potential in the application of data analytics to model and predict trade flows. Furthermore, recent research on behalf of Born Free USA shows there is a relative concentration of transit points along the supply chain from African to Asian consumer markets. 12:28:12 The bulk of the trade many involve as few as 100 to 200 shipping containers a year, 10 chokepoint trans-shipment ports and three airports. If we can identify those transit points, enforce regulation and cooperate with the private sector, then we can begin to clamp down on the illegal wildlife trafficking. Some members of the private sector are already leading the way, and New Zealand recently set an important precedent on the transport of wildlife parts by banning the carriage of all shark fins on its planes, whether or not it was legally obtained. Many other airlines followed their lead. And although this is perhaps a simpler ban to implement, as all shark fins require a permit, it does demonstrate the powerful role the private sector can plan in interruption of supply chain if they chose to do so. In criminal justice, Interpol recently issued a list of nine fugitives most wanted for environmental crime, spearheading a stronger institutional response to wildlife crime. The task force will build on these positive developments to encourage global action to shatter the illegal wildlife trade. As we consider the growing threat to wildlife, the corrosive impacts of the trade on human dignity and development worldwide, and all the means we have at our disposal to combat it, we should be utterly determined to see this go through to success. 12:29:43 You are all experts and senior policymakers in this field, and today I make a plea for your support. I am determined not to let the world's children grow up on a planet where our most iconic and endangered species have been wiped out, impoverishing us all. I hope you will join me. Thank you. (Applause.)

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NOTE: B&W FILM - NOT COLOR Part 2 Transcripts below ORIG. COLOR 1200 SOF. MAG. CU CIVIL RIGHTS LEADER DR. MARTIN LUTHER KING SPEAKS " WE HAVE BEEN WRONG FROM THE BEGINNING IN VIETNAM. WE HAVE BEEN DETRIMENTAL TO THE LIFE OF THE VIETNAMESE PEOPLE. " HE STATES HIS PROGRAM FOR ENDING THE WAR, END ALL BOMBING OF NORTH VIETNAM, ETC. HE RECOMMENDS THAT DRAFT AGE MEN WHO OPPOSE THE WAR ON MORAL GROUNDS SHOULD SEEK CONSCIENTIOUS OBJECTOR STATUS AND THAT DRAFT AGE MINISTERS SHOULD GIVE UP THEIR MINISTERAL EXEMPTIONS AND SEEK STATUS AS CONSCIENTIOUS OBJECTORS. SAYS WE ARE ON THE WRONG SIDE OF A WORLD SIDE REVOLUTION WHICH PRODUCES BEGGARS NEEDS RESTRUCTURING. HE TELLS OF INJUSTICES PERPERTRATED BY THE US ON THE WORLD. HE ATTACKS THE POLICY OF CONTINUING TO INCREASE THE DEFENSE BUDGET. " WE MUST NOT ENGAGE IN A NEGATIVE ANTI-COMMUNISM BUT RATHER IN A POSITIVE THIRST FOR DEMOCRACY. " CI: PERSONALITIES - KING, MARTIN LUTHER. PART 2 The world now demands a maturity of America that we may not be able to achieve. It demands that we admit that we have been wrong from the beginning of our adventure in Vietnam, that we have been detrimental to the life of the Vietnamese people. The situation is one in which we must be ready to turn sharply from our present ways. In order to atone for our sins and errors in Vietnam, we should take the initiative in bringing a halt to this tragic war. I would like to suggest five concrete things that our government should do immediately to begin the long and difficult process of extricating ourselves from this nightmarish conflict: End all bombing in North and South Vietnam. Declare a unilateral cease-fire in the hope that such action will create the atmosphere for negotiation. Take immediate steps to prevent other battlegrounds in Southeast Asia by curtailing our military buildup in Thailand and our interference in Laos. Realistically accept the fact that the National Liberation Front has substantial support in South Vietnam and must thereby play a role in any meaningful negotiations and in any future Vietnam government. Set a date that we will remove all foreign troops from Vietnam in accordance with the 1954 Geneva agreement. Part of our ongoing commitment might well express itself in an offer to grant asylum to any Vietnamese who fears for his life under a new regime which included the Liberation Front. Then we must make what reparations we can for the damage we have done. We most provide the medical aid that is badly needed, making it available in this country if necessary. Protesting The War Meanwhile we in the churches and synagogues have a continuing task while we urge our government to disengage itself from a disgraceful commitment. We must continue to raise our voices if our nation persists in its perverse ways in Vietnam. We must be prepared to match actions with words by seeking out every creative means of protest possible. As we counsel young men concerning military service we must clarify for them our nation's role in Vietnam and challenge them with the alternative of conscientious objection. I am pleased to say that this is the path now being chosen by more than seventy students at my own alma mater, Morehouse College, and I recommend it to all who find the American course in Vietnam a dishonorable and unjust one. Moreover I would encourage all ministers of draft age to give up their ministerial exemptions and seek status as conscientious objectors. These are the times for real choices and not false ones. We are at the moment when our lives must be placed on the line if our nation is to survive its own folly. Every man of humane convictions must decide on the protest that best suits his convictions, but we must all protest. There is something seductively tempting about stopping there and sending us all off on what in some circles has become a popular crusade against the war in Vietnam. I say we must enter the struggle, but I wish to go on now to say something even more disturbing. The war in Vietnam is but a symptom of a far deeper malady within the American spirit, and if we ignore this sobering reality we will find ourselves organizing clergy- and laymen-concerned committees for the next generation. They will be concerned about Guatemala and Peru. They will be concerned about Thailand and Cambodia. They will be concerned about Mozambique and South Africa. We will be marching for these and a dozen other names and attending rallies without end unless there is a significant and profound change in American life and policy. Such thoughts take us beyond Vietnam, but not beyond our calling as sons of the living God. In 1957 a sensitive American official overseas said that it seemed to him that our nation was on the wrong side of a world revolution. During the past ten years we have seen emerge a pattern of suppression which now has justified the presence of U.S. military "advisors" in Venezuela. This need to maintain social stability for our investments accounts for the counter-revolutionary action of American forces in Guatemala. It tells why American helicopters are being used against guerrillas in Colombia and why American napalm and green beret forces have already been active against rebels in Peru. It is with such activity in mind that the words of the late John F. Kennedy come back to haunt us. Five years ago he said, "Those who make peaceful revolution impossible will make violent revolution inevitable." Increasingly, by choice or by accident, this is the role our nation has taken -- the role of those who make peaceful revolution impossible by refusing to give up the privileges and the pleasures that come from the immense profits of overseas investment. I am convinced that if we are to get on the right side of the world revolution, we as a nation must undergo a radical revolution of values. We must rapidly begin the shift from a "thing-oriented" society to a "person-oriented" society. When machines and computers, profit motives and property rights are considered more important than people, the giant triplets of racism, materialism, and militarism are incapable of being conquered. A true revolution of values will soon cause us to question the fairness and justice of many of our past and present policies. n the one hand we are called to play the good Samaritan on life's roadside; but that will be only an initial act. One day we must come to see that the whole Jericho road must be transformed so that men and women will not be constantly beaten and robbed as they make their journey on life's highway. True compassion is more than flinging a coin to a beggar; it is not haphazard and superficial. It comes to see that an edifice which produces beggars needs restructuring. A true revolution of values will soon look uneasily on the glaring contrast of poverty and wealth. With righteous indignation, it will look across the seas and see individual capitalists of the West investing huge sums of money in Asia, Africa and South America, only to take the profits out with no concern for the social betterment of the countries, and say: "This is not just." It will look at our alliance with the landed gentry of Latin America and say: "This is not just." The Western arrogance of feeling that it has everything to teach others and nothing to learn from them is not just. A true revolution of values will lay hands on the world order and say of war: "This way of settling differences is not just." This business of burning human beings with napalm, of filling our nation's homes with orphans and widows, of injecting poisonous drugs of hate into veins of people normally humane, of sending men home from dark and bloody battlefields physically handicapped and psychologically deranged, cannot be reconciled with wisdom, justice and love. A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death. America, the richest and most powerful nation in the world, can well lead the way in this revolution of values. There is nothing, except a tragic death wish, to prevent us from reordering our priorities, so that the pursuit of peace will take precedence over the pursuit of war. There is nothing to keep us from molding a recalcitrant status quo with bruised hands until we have fashioned it into a brotherhood. This kind of positive revolution of values is our best defense against communism. War is not the answer. Communism will never be defeated by the use of atomic bombs or nuclear weapons. Let us not join those who shout war and through their misguided passions urge the United States to relinquish its participation in the United Nations. These are days which demand wise restraint and calm reasonableness. We must not call everyone a Communist or an appeaser who advocates the seating of Red China in the United Nations and who recognizes that hate and hysteria are not the final answers to the problem of these turbulent days. We must not engage in a negative anti-communism, but rather in a positive thrust for democracy, realizing that our greatest defense against communism is to take offensive action in behalf of justice. We must with positive action seek to remove thosse conditions of poverty, insecurity and injustice which are the fertile soil in which the seed of communism grows and develops. The People Are Important These are revolutionary times. All over the globe men are revolting against old systems of exploitation and oppression and out of the wombs of a frail world new systems of justice and equality are being born. The shirtless and barefoot people of the land are rising up as never before. "The people who sat in darkness have seen a great light." We in the West must support these revolutions. It is a sad fact that, because of comfort, complacency, a morbid fear of communism, and our proneness to adjust to injustice, the Western nations that initiated so much of the revolutionary spirit of the modern world have now become the arch anti-revolutionaries. This has driven many to feel that only Marxism has the revolutionary spirit. Therefore, communism is a judgement against our failure to make democracy real and follow through on the revolutions we initiated. Our only hope today lies in our ability to recapture the revolutionary spirit and go out into a sometimes hostile world declaring eternal hostility to poverty, racism, and militarism. With this powerful commitment we shall boldly challenge the status quo and unjust mores and thereby speed the day when "every valley shall be exalted, and every moutain and hill shall be made low, and the crooked shall be made straight and the rough places plain." A genuine revolution of values means in the final analysis that our loyalties must become ecumenical rather than sectional. Every nation must now develop an overriding loyalty to mankind as a whole in order to preserve the best in their individual societies. This call for a world-wide fellowship that lifts neighborly concern beyond one's tribe, race, class and nation is in reality a call for an all-embracing and unconditional love for all men. This oft misunderstood and misinterpreted concept -- so readily dismissed by the Nietzsches of the world as a weak and cowardly force -- has now become an absolute necessity for the survival of man. When I speak of love I am not speaking of some sentimental and weak response. I am speaking of that force which all of the great religions have seen as the supreme unifying principle of life. Love is somehow the key that unlocks the door which leads to ultimate reality. This Hindu-Moslem-Christian-Jewish-Buddhist belief about ultimate reality is beautifully summed up in the first epistle of Saint John: Let us love one another; for love is God and everyone that loveth is born of God and knoweth God. He that loveth not knoweth not God; for God is love. If we love one another God dwelleth in us, and his love is perfected in us. Let us hope that this spirit will become the order of the day. We can no longer afford to worship the god of hate or bow before the altar of retaliation. The oceans of history are made turbulent by the ever-rising tides of hate. History is cluttered with the wreckage of nations and individuals that pursued this self-defeating path of hate. As Arnold Toynbee says : "Love is the ultimate force that makes for the saving choice of life and good against the damning choice of death and evil. Therefore the first hope in our inventory must be the hope that love is going to have the last word." We are now faced with the fact that tomorrow is today. We are confronted with the fierce urgency of now. In this unfolding conundrum of life and history there is such a thing as being too late. Procrastination is still the thief of time. Life often leaves us standing bare, naked and dejected with a lost opportunity. The "tide in the affairs of men" does not remain at the flood; it ebbs. We may cry out deperately for time to pause in her passage, but time is deaf to every plea and rushes on. Over the bleached bones and jumbled residue of numerous civilizations are written the pathetic words: "Too late." There is an invisible book of life that faithfully records our vigilance or our neglect. "The moving finger writes, and having writ moves on..." We still have a choice today; nonviolent coexistence or violent co-annihilation. We must move past indecision to action. We must find new ways to speak for peace in Vietnam and justice throughout the developing world -- a world that borders on our doors. If we do not act we shall surely be dragged down the long dark and shameful corridors of time reserved for those who possess power without compassion, might without morality, and strength without sight. Now let us begin. Now let us rededicate ourselves to the long and bitter -- but beautiful -- struggle for a new world. This is the callling of the sons of God, and our brothers wait eagerly for our response. Shall we say the odds are too great? Shall we tell them the struggle is too hard? Will our message be that the forces of American life militate against their arrival as full men, and we send our deepest regrets? Or will there be another message, of longing, of hope, of solidarity with their yearnings, of commitment to their cause, whatever the cost? The choice is ours, and though we might prefer it otherwise we must choose in this crucial moment of human history. As that noble bard of yesterday, James Russell Lowell, eloquently stated: Once to every man and nation Comes the moment to decide, In the strife of truth and falsehood, For the good or evil side; Some great cause, God's new Messiah, Off'ring each the bloom or blight, And the choice goes by forever Twixt that darkness and that light. Though the cause of evil prosper, Yet 'tis truth alone is strong; Though her portion be the scaffold, And upon the throne be wrong: Yet that scaffold sways the future, And behind the dim unknown, Standeth God within the shadow Keeping watch above his own.

Part 2 Transcripts below PLEASE NOTE THIS FILM IS IN BLACK AND WHITE AND NOT COLOR ORIG. COLOR 1200 SOF. MAG. CU CIVIL RIGHTS LEADER DR. MARTIN LUTHER KING SPEAKS " WE HAVE BEEN WRONG FROM THE BEGINNING IN VIETNAM. WE HAVE BEEN DETRIMENTAL TO THE LIFE OF THE VIETNAMESE PEOPLE. " HE STATES HIS PROGRAM FOR ENDING THE WAR, END ALL BOMBING OF NORTH VIETNAM, ETC. HE RECOMMENDS THAT DRAFT AGE MEN WHO OPPOSE THE WAR ON MORAL GROUNDS SHOULD SEEK CONSCIENTIOUS OBJECTOR STATUS AND THAT DRAFT AGE MINISTERS SHOULD GIVE UP THEIR MINISTERAL EXEMPTIONS AND SEEK STATUS AS CONSCIENTIOUS OBJECTORS. SAYS WE ARE ON THE WRONG SIDE OF A WORLD SIDE REVOLUTION WHICH PRODUCES BEGGARS NEEDS RESTRUCTURING. HE TELLS OF INJUSTICES PERPERTRATED BY THE US ON THE WORLD. HE ATTACKS THE POLICY OF CONTINUING TO INCREASE THE DEFENSE BUDGET. " WE MUST NOT ENGAGE IN A NEGATIVE ANTI-COMMUNISM BUT RATHER IN A POSITIVE THIRST FOR DEMOCRACY. " CI: PERSONALITIES - KING, MARTIN LUTHER. PART 2 The world now demands a maturity of America that we may not be able to achieve. It demands that we admit that we have been wrong from the beginning of our adventure in Vietnam, that we have been detrimental to the life of the Vietnamese people. The situation is one in which we must be ready to turn sharply from our present ways. In order to atone for our sins and errors in Vietnam, we should take the initiative in bringing a halt to this tragic war. I would like to suggest five concrete things that our government should do immediately to begin the long and difficult process of extricating ourselves from this nightmarish conflict: End all bombing in North and South Vietnam. Declare a unilateral cease-fire in the hope that such action will create the atmosphere for negotiation. Take immediate steps to prevent other battlegrounds in Southeast Asia by curtailing our military buildup in Thailand and our interference in Laos. Realistically accept the fact that the National Liberation Front has substantial support in South Vietnam and must thereby play a role in any meaningful negotiations and in any future Vietnam government. Set a date that we will remove all foreign troops from Vietnam in accordance with the 1954 Geneva agreement. Part of our ongoing commitment might well express itself in an offer to grant asylum to any Vietnamese who fears for his life under a new regime which included the Liberation Front. Then we must make what reparations we can for the damage we have done. We most provide the medical aid that is badly needed, making it available in this country if necessary. Protesting The War Meanwhile we in the churches and synagogues have a continuing task while we urge our government to disengage itself from a disgraceful commitment. We must continue to raise our voices if our nation persists in its perverse ways in Vietnam. We must be prepared to match actions with words by seeking out every creative means of protest possible. As we counsel young men concerning military service we must clarify for them our nation's role in Vietnam and challenge them with the alternative of conscientious objection. I am pleased to say that this is the path now being chosen by more than seventy students at my own alma mater, Morehouse College, and I recommend it to all who find the American course in Vietnam a dishonorable and unjust one. Moreover I would encourage all ministers of draft age to give up their ministerial exemptions and seek status as conscientious objectors. These are the times for real choices and not false ones. We are at the moment when our lives must be placed on the line if our nation is to survive its own folly. Every man of humane convictions must decide on the protest that best suits his convictions, but we must all protest. There is something seductively tempting about stopping there and sending us all off on what in some circles has become a popular crusade against the war in Vietnam. I say we must enter the struggle, but I wish to go on now to say something even more disturbing. The war in Vietnam is but a symptom of a far deeper malady within the American spirit, and if we ignore this sobering reality we will find ourselves organizing clergy- and laymen-concerned committees for the next generation. They will be concerned about Guatemala and Peru. They will be concerned about Thailand and Cambodia. They will be concerned about Mozambique and South Africa. We will be marching for these and a dozen other names and attending rallies without end unless there is a significant and profound change in American life and policy. Such thoughts take us beyond Vietnam, but not beyond our calling as sons of the living God. In 1957 a sensitive American official overseas said that it seemed to him that our nation was on the wrong side of a world revolution. During the past ten years we have seen emerge a pattern of suppression which now has justified the presence of U.S. military "advisors" in Venezuela. This need to maintain social stability for our investments accounts for the counter-revolutionary action of American forces in Guatemala. It tells why American helicopters are being used against guerrillas in Colombia and why American napalm and green beret forces have already been active against rebels in Peru. It is with such activity in mind that the words of the late John F. Kennedy come back to haunt us. Five years ago he said, "Those who make peaceful revolution impossible will make violent revolution inevitable." Increasingly, by choice or by accident, this is the role our nation has taken -- the role of those who make peaceful revolution impossible by refusing to give up the privileges and the pleasures that come from the immense profits of overseas investment. I am convinced that if we are to get on the right side of the world revolution, we as a nation must undergo a radical revolution of values. We must rapidly begin the shift from a "thing-oriented" society to a "person-oriented" society. When machines and computers, profit motives and property rights are considered more important than people, the giant triplets of racism, materialism, and militarism are incapable of being conquered. A true revolution of values will soon cause us to question the fairness and justice of many of our past and present policies. n the one hand we are called to play the good Samaritan on life's roadside; but that will be only an initial act. One day we must come to see that the whole Jericho road must be transformed so that men and women will not be constantly beaten and robbed as they make their journey on life's highway. True compassion is more than flinging a coin to a beggar; it is not haphazard and superficial. It comes to see that an edifice which produces beggars needs restructuring. A true revolution of values will soon look uneasily on the glaring contrast of poverty and wealth. With righteous indignation, it will look across the seas and see individual capitalists of the West investing huge sums of money in Asia, Africa and South America, only to take the profits out with no concern for the social betterment of the countries, and say: "This is not just." It will look at our alliance with the landed gentry of Latin America and say: "This is not just." The Western arrogance of feeling that it has everything to teach others and nothing to learn from them is not just. A true revolution of values will lay hands on the world order and say of war: "This way of settling differences is not just." This business of burning human beings with napalm, of filling our nation's homes with orphans and widows, of injecting poisonous drugs of hate into veins of people normally humane, of sending men home from dark and bloody battlefields physically handicapped and psychologically deranged, cannot be reconciled with wisdom, justice and love. A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death. America, the richest and most powerful nation in the world, can well lead the way in this revolution of values. There is nothing, except a tragic death wish, to prevent us from reordering our priorities, so that the pursuit of peace will take precedence over the pursuit of war. There is nothing to keep us from molding a recalcitrant status quo with bruised hands until we have fashioned it into a brotherhood. This kind of positive revolution of values is our best defense against communism. War is not the answer. Communism will never be defeated by the use of atomic bombs or nuclear weapons. Let us not join those who shout war and through their misguided passions urge the United States to relinquish its participation in the United Nations. These are days which demand wise restraint and calm reasonableness. We must not call everyone a Communist or an appeaser who advocates the seating of Red China in the United Nations and who recognizes that hate and hysteria are not the final answers to the problem of these turbulent days. We must not engage in a negative anti-communism, but rather in a positive thrust for democracy, realizing that our greatest defense against communism is to take offensive action in behalf of justice. We must with positive action seek to remove thosse conditions of poverty, insecurity and injustice which are the fertile soil in which the seed of communism grows and develops. The People Are Important These are revolutionary times. All over the globe men are revolting against old systems of exploitation and oppression and out of the wombs of a frail world new systems of justice and equality are being born. The shirtless and barefoot people of the land are rising up as never before. "The people who sat in darkness have seen a great light." We in the West must support these revolutions. It is a sad fact that, because of comfort, complacency, a morbid fear of communism, and our proneness to adjust to injustice, the Western nations that initiated so much of the revolutionary spirit of the modern world have now become the arch anti-revolutionaries. This has driven many to feel that only Marxism has the revolutionary spirit. Therefore, communism is a judgement against our failure to make democracy real and follow through on the revolutions we initiated. Our only hope today lies in our ability to recapture the revolutionary spirit and go out into a sometimes hostile world declaring eternal hostility to poverty, racism, and militarism. With this powerful commitment we shall boldly challenge the status quo and unjust mores and thereby speed the day when "every valley shall be exalted, and every moutain and hill shall be made low, and the crooked shall be made straight and the rough places plain." A genuine revolution of values means in the final analysis that our loyalties must become ecumenical rather than sectional. Every nation must now develop an overriding loyalty to mankind as a whole in order to preserve the best in their individual societies. This call for a world-wide fellowship that lifts neighborly concern beyond one's tribe, race, class and nation is in reality a call for an all-embracing and unconditional love for all men. This oft misunderstood and misinterpreted concept -- so readily dismissed by the Nietzsches of the world as a weak and cowardly force -- has now become an absolute necessity for the survival of man. When I speak of love I am not speaking of some sentimental and weak response. I am speaking of that force which all of the great religions have seen as the supreme unifying principle of life. Love is somehow the key that unlocks the door which leads to ultimate reality. This Hindu-Moslem-Christian-Jewish-Buddhist belief about ultimate reality is beautifully summed up in the first epistle of Saint John: Let us love one another; for love is God and everyone that loveth is born of God and knoweth God. He that loveth not knoweth not God; for God is love. If we love one another God dwelleth in us, and his love is perfected in us. Let us hope that this spirit will become the order of the day. We can no longer afford to worship the god of hate or bow before the altar of retaliation. The oceans of history are made turbulent by the ever-rising tides of hate. History is cluttered with the wreckage of nations and individuals that pursued this self-defeating path of hate. As Arnold Toynbee says : "Love is the ultimate force that makes for the saving choice of life and good against the damning choice of death and evil. Therefore the first hope in our inventory must be the hope that love is going to have the last word." We are now faced with the fact that tomorrow is today. We are confronted with the fierce urgency of now. In this unfolding conundrum of life and history there is such a thing as being too late. Procrastination is still the thief of time. Life often leaves us standing bare, naked and dejected with a lost opportunity. The "tide in the affairs of men" does not remain at the flood; it ebbs. We may cry out deperately for time to pause in her passage, but time is deaf to every plea and rushes on. Over the bleached bones and jumbled residue of numerous civilizations are written the pathetic words: "Too late." There is an invisible book of life that faithfully records our vigilance or our neglect. "The moving finger writes, and having writ moves on..." We still have a choice today; nonviolent coexistence or violent co-annihilation. We must move past indecision to action. We must find new ways to speak for peace in Vietnam and justice throughout the developing world -- a world that borders on our doors. If we do not act we shall surely be dragged down the long dark and shameful corridors of time reserved for those who possess power without compassion, might without morality, and strength without sight. Now let us begin. Now let us rededicate ourselves to the long and bitter -- but beautiful -- struggle for a new world. This is the callling of the sons of God, and our brothers wait eagerly for our response. Shall we say the odds are too great? Shall we tell them the struggle is too hard? Will our message be that the forces of American life militate against their arrival as full men, and we send our deepest regrets? Or will there be another message, of longing, of hope, of solidarity with their yearnings, of commitment to their cause, whatever the cost? The choice is ours, and though we might prefer it otherwise we must choose in this crucial moment of human history. As that noble bard of yesterday, James Russell Lowell, eloquently stated: Once to every man and nation Comes the moment to decide, In the strife of truth and falsehood, For the good or evil side; Some great cause, God's new Messiah, Off'ring each the bloom or blight, And the choice goes by forever Twixt that darkness and that light. Though the cause of evil prosper, Yet 'tis truth alone is strong; Though her portion be the scaffold, And upon the throne be wrong: Yet that scaffold sways the future, And behind the dim unknown, Standeth God within the shadow Keeping watch above his own. And if we will only make the right choice, we will be able to transform this pending cosmic elegy into a creative psalm of peace. If we will make the right choice, we will be able to transform the jangling discords of our world into a beautiful symphony of brotherhood. If we will but make the right choice, we will be able to speed up the day, all over America and all over the world, when justice will roll down like waters, and righteousness like a mighty stream. [sustained applause]

Perversion for Profit - 23 of 29

Hearing - Oil related court decisions Senate judiciary committee hearing with christopher jones, whose brother was killed on the deepwater horizon, a professor and a lawyer. 10:06:38 LEAHY good morning. 10:07:07 LEAHY statement *10:07:54 LEAHY if criminal conduct occurred, it should be prosecuted to the fullest extent of the law *10:08:08 LEAHY cannot let oil companies play roulette with our economic resources. 10:10:33 LEAHY noone's life should become an asterisk in a company's cost analysis *10:11:36 LEAHY congress should update Limit of Liability Act 10:11:49 LEAHY that law was passed in 1851 *10:12:13 LEAHY they want their liability limited to the value of a piece of junk lying at the bottom of the ocean. That is perverse. 10:14:34 LEAHY BP's conduct has damaged the lives and livelihoods of so many *10:14:47 LEAHY if BP can spend millions of dollars saying how wonderful they are, they can spend more to fix the suffering 10:15:56 SESSIONS statement 10:18:49 BP - they are the responsible party 10:22:22 appropriate evaluation of possible criminal activity should be conducted, but in a responsible way 10:22:47 need to be careful (about moratorium) 10:23:02 moratorium will clearly have negative impact on jobs 10:24:28 offshore drilling in Gulf provides 30 percent of america's energy production 10:25:52 WHITEHOUSE statement 10:26:59 I long suspect MMS had been captured by oil industry *10:29:32 raise penalties 10:29:45 exxon court believed predictably for coporations was more important than misconduct Christopher Jones Baton Rouge, LA Jack Coleman Managing Partner EnergyNorthAmerica, LLC Washington, DC Tom Galligan President and Professor of Humanities Colby Sawyer College New London, NH CHRIS JONES statement 10:31:43 Chairman Leahy, Ranking Member Sessions, and other members of the Committee, Thank you for the opportunity to appear before you today to tell you how this disaster has affected the lives of my family and the lives of the many other families impacted by this tragedy. My name is Chris Jones. Seated behind me is my father, Keith Jones. Gordon is my only brother. Gordon is survived by his wife, Michelle, and two sons, Stafford and Max. Stafford is 2 and Max was born three weeks ago. Gordon is also survived by a mother, sister, in-laws and other family members, and many friends who miss him very much. Words cannot describe what Gordon meant to this family. 10:32:15 I appear before you as a representative of only one family affected by this accident. Unfortunately, there are many more. At a recent memorial event for the eleven men who died aboard the Deepwater Horizon I spoke with some of the other family members. Although we never met before this disaster, I want those other family members to know that we grieve for them and are committed to telling our story so we can try and correct the inequities in the law and so no one else will find themselves in this situation in the future. 10:32:44 Of course, you are aware that Gordon died aboard the Transocean Deepwater Horizon oil drilling rig. He was employed by M-I Swaco, a contractor for BP hired to provide mud engineering services aboard the rig. He had worked aboard that rig for the past two years and was excelling in his profession. As many rig workers do, Gordon expected to spend his time on the rig, gain experience and continue to advance with his company. He never got that opportunity. 10:33:19 This is a picture of the fort Gordon built, with Stafford's help, for Stafford and Max. It sits in the middle of the backyard of their home. Although you may not be able to tell, it is not finished. 10:33:32 Gordon planned to finish it when he returned home. He will never get that chance. 10:33:41 Certainly, others will step in to make sure it is finished and try to fill the tremendous void left by Gordon's death. But this is yet another example of an incomplete life and what has been lost. I am at least comforted that it will be finished, and Stafford and Max will enjoy it for years to come and know their father built it for them. 10:34:04 The next picture is taken shortly after Max's birth. Notably absent is Gordon, whose presence in the delivery room was limited to a single family photograph. 10:34:22 Lastly, I show you possibly the last picture taken of Gordon before his death. It is taken just after Gordon gave Stafford his first golf lesson, an experience Gordon thoroughly enjoyed. You can see the joy in their faces. I am saddened that neither will experience this same joy again. 10:34:46 I want to take this opportunity to address recent remarks made by Tony Heyward, CEO of BP. In particular, he publicly stated he wants his life back. **10:34:58 Well, Mr. Heyward, I want my brother's life back. And I know the families of the other ten men want their lives back. We will never get Gordon's life back and his wife will live a life without a husband and her two children a life without a father. 10:35:28 At the top of that building is the phrase "Equal Justice Under Law." As a United States citizen, and as a lawyer, I agree with that principle. Unfortunately, it does not exist in the cases of deaths occurring in federal waters. 10:35:40 This is not a phrase that applies to Michelle, Stafford and Max in this instance. I do not make this request only for my family, or the families of the other 10 men. Rather, I make it also for any families who could find themselves in our same position, and who will quickly learn that our current laws do not protect those who need it most. I want to be very specific. 10:36:08 We are asking you to amend DOHSA to allow for the recovery of non-pecuniary damages. Currently, Michelle, Stafford and Max can only recover pecuniary damages, comprised of Gordon's future lost wages minus income taxes and what Gordon would have consumed himself. Stafford and Max will never play in the Father/Son golf tournament at the local golf course with their Dad. Likewise, Michelle will never again experience a quiet dinner at home after a hard day with her true love. She will also never celebrate another wedding anniversary. Gordon and Michelle were looking forward to celebrating their next one on April 23 , three days after this accident. rd Most recently, Michelle did not have Gordon there to comfort her in the delivery room and tell her how much he loves her and the beautiful baby we now call Maxwell Gordon. 10:37:04 These are all experiences, among many, many others, for which there is no compensation under the current law for maritime victims. The overwhelming impression I have gotten from the parties responsible for Gordon's death, besides that no one wants to take responsibility for it, is that they are immunized by the current law. Under the current law there is a finite, maximum amount that Michelle and her boys can recover, and nothing more. Think of it as a drastic liability cap. 10:37:33 While some, but certainly not all, of these same parties express their sympathies, and claim to want to do the "right thing," they can also hide behind the law and say they are protected from doing any more. 10:37:43 There is, of course, an exception for recovery of non-pecuniary damages under DOHSA. After a tragic plane crash that occurred in federal waters in 1996, this Congress passed a retroactive amendment to DOHSA to allow for the recovery of non-pecuniary damages. 10:37:54 Currently, while victims of airline accidents are allowed recovery of these damages, victims of all other accidents occurring in federal waters are not, including aboard cruise ships, ferry boats, and in this instance, oil rigs where hard working men make their living to support their families. 10:38:16 During this past month and a half I have gained tremendous perspective on things. Certain things that I thought were important before April 20th are just not important any more. This is important. This is important to Michelle, Stafford and Max, and all the other families affected by this tragic event. 10:38:37 You have an opportunity to make this right and provide some comfort to the families who loved these men. Thank you, my father and I are more than happy to answer any questions you may have. 10:39:31 COLEMAN statement 10:43:19 this well belongs to the American people, the bounty cannot be made available to American people - **all energy needs for 25 years** ?? 10:46:09 I would encourage committee to take into consideration when evaluating changes 10:46:59 GALLIGAN statement 10:53:02 LEAHY questions 10:54:05 JONES if it remains in effect, these companies want to go get economist, calculate his earnings. *logical reason it should be different on sea or land?* 10:55:10 JONES absolutely not 10:56:22 JONES they want to pay what theyre obligated to under the law. They want to pay it and move on. 10:56:44 JONES under DOHSA - only have to pay for funeral expenses?? *transocean* *doubt in mind BP should have done more to protect?* 10:58:29 JONES im shocked at their profits. Billions of dollars. 10:58:50 JONES mind boggling how they could throw up their hands and say they don't have resources to prevent it 10:59:42 SESSIONS questions