Remarks by Deputy Secretary of Defense Paul Wolfowitz
Before the Turkish Economic and Social Studies Foundation Conrad Hotel, Istanbul, Turkey
July
14, 2002
Thank you very much, Ambassador
Sanberk, for those very warm introductory remarks. I recall that it was perhaps
26 years ago, when I first came to Turkey, and I have been very interested in
your country, and the relationship between the United States and Turkey, over
what is by now more than a quarter of a century. I believe very strongly in
that partnership. I had the pleasure more than a decade ago of meeting
Ambassador Sanberk, and working with him. He is one of the finest diplomats
that I‚ve had the experience of working with and it is a great pleasure
to be back here and to see you again. And thank you for giving me this
opportunity to address a Turkish audience. I would prefer, though, if you would
let them give me some easy questions, and I‚ll give you the hard
questions.
I‚d like to say something at
the beginning about an event that literally overturned the customary world
order and kept people awake at night in Washington, DC. Of course, I am talking
about World Cup football.
When Turkey faced Senegal in the
quarterfinals, a wide-open game that went into overtimethat was a game worth
losing sleep for. In the Pentagon, we were thrilled. Thrilled, first of all,
that the United States qualified for the World Cup this year, of course, and
made it into the quarterfinals; and, second, that our old friend Turkey really
managed to shake things up. So, here‚s to the next World Cup: to Turkey
and the United States in the finals. But, don‚t ask me to predict
who‚s going to win.
I can‚t help noting, though,
that whether you call it football or soccer whatever name you call it-- is a
team sport. So is democratic government. And Turks have shown a passion and an
aptitude for both.
When Turkey‚s football team
takes the field, there‚s an energy and dynamism, like the energy and
dynamism one senses in Istanbul. Istanbul is without doubt one of the most
fascinating and beautiful cities in the world, and I am delighted to be here
once again. Here, where the waters of the Bosphorus, the Marmara and the Golden
Horn meet, is also where so many other forces come together, where East meet
West, where Europe meets Asia, and where great sources of creativity result.
At the outset, let me try to
combine good intentions with a little bit of Turkish I know: Sayin Arkadashlar
Merhaba. I know Turks are polite so I dare to risk that. That Turkish kindness
is one of the reasons I am delighted to be back here in Turkey.
Before President Bush asked met to
take on my present duties, I had been scheduled to take my graduate students
from John Hopkins University to visit Gallipoli last March. I wanted them to
understand -- as they stood on ground so bravely contested many years ago --
that Gallipoli might have gone down in history as a brilliantly successful
strategic gamble on the part of the allied nations, were it not for the bravery
and tenacity of Mustafa Kemal and his men, who continued to fight even when
they and their ammunition were exhausted.
The other lesson I wanted them to
take away from Anzac Cove was the lesson of Ataturk‚s magnanimity and
generosity. In the impressive monument there to Johnnies and Mehmets alike,
they would read: "Mothers, wipe away your tears. Your sons are now lying
in our bosom and are at peace." Ataturk offered generations of students
and statesmen alike this powerful lesson: move forward, build up what was torn
down, and do so with your sights set on the future.
Ataturk displayed the same
generosity of spirit and breadth of vision in the way that he came to terms
with Greece after Turkey‚s war of independence. He stopped far short of
what Turkey‚s military successes had placed within his grasp -- even
accepting that his own birthplace, Salonica, or Thessaloniki, was a Greek city
and should remain in Greece. Indeed, remarkably, the peace terms he offered
Greece were so generous that Greek Prime Minister Venezelos nominated Ataturk
for the Nobel Peace Prize.
Ataturk‚s magnanimity was
also an act of enlightened self-interest. With his sights on the future,
Ataturk guided Turkey forward. He saw the republic through a period of
extraordinary challenge and change. Today, we face another such period. And now,
as Ataturk would certainly understand, Turkey is the cornerstone for building
peace in Southeastern Europe and preserving peace in the Black Se Region -- key
elements for building a Europe that is undivided, democratic, and free. Equally
important, Turkey stands on the frontlines in the war against terrorism, and
with its legacy of secular democracy, equality for women, and a vibrant market
economy, Turkey has a crucial role to play in bridging the gap between the West
and the Muslim world. A dangerous gap that must be bridged. But, in short,
Turkey is crucial.
And our partnership -- the
partnership of Turkey and the United States -- is crucial, as well. It is a
partnership that was forged when President Truman sent the U.S.S. Missouri to
show support for Turkey against Soviet demands and forged on the hard
battlefield of Korea, where Turkish troops fought side by side with American
troops, to stop aggression in a distant land, and reconfirm their reputation as
the bravest of the brave and the toughest of the tough. It was a partnership
reinforced by Turkey‚s perseverance as a staunch NATO ally through forty
years of Cold War that eventually brought a new era of peace and freedom to
large parts of Europe. It is a partnership that continues after the Cold War,
with U.S. and Turkish troops working together in Bosnia and Kosovo and
Afghanistan. And since the attacks of last September, there is a new
recognition in both our countries of the importance of the U.S. Turkish
partnership.
At this historical juncture, our
two nations, Turkey and the United States, face great challenges. In the United
States, we define the challenge as the threat of terrorism and the need for a
global war against it. In Turkey, the political and economic problems are
evident in each day‚s newspaper headlines. But the underlying challenge
is much greater -- how to continue the process of modernization begun by
Ataturk and extend it through the world. These challenges, along with the
dangers they pose, also present great opportunities. They have placed our two
nations at an important crossroads in history. As we move forward, we can
choose the path that will bring us out of crisis and danger to unparalleled
opportunity. In this time of great uncertainty, I come here as a friend of Turkey,
and I come here to tell you that in the United States, you have an ally and a
friend. In the United States you have a true partner at this crossroads in
history.
It is the great good fortune of the
United States, of NATO, the West, indeed the world, that occupying this most
important crossroads we have one of our strongest, most reliable and most
self-reliant allies. An ally that sees its strategic role in the manner of
Ataturk, who saw each nation as a part of one body. As Ataturk said, a nation
should never ask, "What does it matter to me if some part of the world is
ailing?" Rather, he said, "If there is such an illness, we must
concern ourselves with it as though we were having that illness."
When the "illness" of
international terrorism struck the United States last September, Turkey quickly
offered unconditional support, including the deployment of ground forces to
Afghanistan. Turkey has assumed another tough responsibility as the leader of the
International Security Assistance Force in Kabul under the direction of General
Zorlu, whom I am looking forward to meeting tomorrow in Kabul. It is a role
that Afghanistan‚s leader, Hamid Karzai welcomes, for he knows that the
role of ISAF is critical to ensuring that terrorists no longer find Afghanistan
a hospitable place. Turks, in typical fashion, are doing a superb job.
Working with Turkey and the other
members of the coalition, the United States is committed to helping Afghans
establish long-term stability, so their country will never again become a
sanctuary for terrorists. But we approach this mindful that we must not come to
be regarded as another foreign invader. Ours is a mission of liberation, not
occupation.
Afghans are independent, proud
people. And we have worked from the beginning to keep the number of our troops
there small, and we have emphasized helping the Afghan people to help
themselves in their journey to representative self-government.
Turkey offers an important model to
Afghanistan as that country embarks on its own road to representative
government. As the great American scholar of Turkish history, Bernard Lewis,
has observed, Turkey‚s experience shows that democracy is difficult but
also that it is possible. When Ataturk considered the journey facing the new
Turkish republic, he said: "The success of what we have won until today
has done no more than open a road for us, towards progress and civilization. It
has not yet brought us to progress and civilization." But he remained undeterred,
adding: "The duty that falls on us and our grandsons is to advance,
unhesitatingly, in this road."
Turkey‚s openness, and its
dedication to finding truth and reaching compromise, are the very foundation,
not only of democracy, but of civilization itself. What we sometime erroneously
call "Western" values, Ataturk called "the civilization of our
time" and he understood it to mean a common, universal civilization built
on universal values.
Turkey‚ s courage to embrace
both tradition and modernity offers great promise for all Muslims today
especially as we confront the war on terrorism. The fight against terrorism is
not just a fight of the Western countries. It is a fight of all those who
aspire to peace and freedom throughout the world and, most emphatically, in the
Muslim world itself.
As I have been pointing regularly
out to American audiences, the terrorists target not only Americans, but they
target their fellow Muslims. They aim to impose a new kind of violent tyranny,
a tyranny that owes more to the totalitarian impulses of the twentieth century
than to the great religion the terrorists are attempting to hijack. You can
appreciate better than most that hundreds of millions of Muslims who aspire to
freedom and prosperity are, in many cases, on the frontlines of the struggle
against terrorism.
By helping them to stand against
the terrorists without fear, we help ourselves. As President Bush said in his
State of the Union Address last January, "America will take the side of
brave men and women who advocate the values that will bring lasting peace
around the world, including the Islamic world, because we have a greater
objective," the President said, "than eliminating threats and
containing resentment. We seek a just and peaceful world, beyond the war on
terror."
Turkey has a uniquely important
role. Fashioning and sustaining democracy and free markets can be a difficult
road, as history attests, but with creativity and tenacity and willingness to
sacrifice for the common good, Turkey can recover from its economic and
political challenges. We understand the extraordinary difficulties that now
face Turkey‚s economy. But from this crisis Turkey has the opportunity to
emerge even stronger than before, if it makes the reforms that are necessary.
And these reforms must come, not only in economic policy, but in the
fundamental institutions that are critical for Turkey to fully enter the 21st
Century.
With the support of the
International Monetary Fund, Turkey has formulated a reform plan that has stabilized
the economic situation and corrected long-standing weaknesses in the economy.
Turks have endured considerable pain, but they also have shown the courage to
correct these weaknesses, and there were encouraging signs that the economy was
beginning to turn the corner toward growth. Turkey‚s current political
uncertainties, however, have created new question marks for the economy, but as
the political situation stabilizes the economic improvement should continue.
The United States sees our
partnership with Turkey extending to the economic field as well. We want to
help in Turkey‚s recovery. We want to help promote Turkey‚s
economic growth, and we want to help Turkey become competitive in the global
economy. President Bush has raised our economic relations with Turkey to a
strategic level; we are pursuing every effort to increase our trade and
investment from a base that is admittedly too low.
Reforms to ensure effectiveness and
transparency in regulations concerning foreign investment and settlement of investment
disputes will make Turkey even more attractive to outside money, including
American investment. It was an essential part of President Ozal‚s great
vision for Turkey that it should be place so open to competition and offering
such a level playing field to investors that they would flock to Turkey.
Foreign investment and the declining role of the state in Turkey can help
propel this thriving economy to new heights.
That process of economic reform is
closely linked to the question of Turkey‚s aspiration to join the
European Union. When Ataturk created the Turkish Republic nearly a century ago,
he envisioned a Turkey that was modern, western and secular. Turkey has
traveled very far along that road, and he would be proud to see the Turkey of
today. Turkey is now at a crossroads. As profound as our friendship with Turkey
may be, it is even more profound when added to Turkey‚s fundamental
relationship with Europe. Turkey‚s full integration into European
institutions is in the best interests of the people of Turkey, the people of
Europe and the United States.
There are certainly some Europeans
who are open to Turkish membership in the European Union and wish to nurture
Turkish progress on the Copenhagen criteria. But there are also Europeans who
are inward looking, parochial and rejectionist. They fear competition from
Turkey. They fear diversity. But a European Union that includes Turkey will be
a stronger, safer, and more richly diverse EU. In many ways, Turkish EU
membership is as much a benefit to Europe as it would be to Turkey.
Turkey‚s aspiration to join
the European Union is a development that should be welcomed by all people who
share the values of freedom and democracy that grew out of European
civilization and suggest the name "Western values". But, as I said
earlier, these are not just Western values of European values. They are Muslim
and Asian values, as well. Indeed, they are universal values. Europe has a
strategic opportunity, by helping Turkey realize its aspirations to join the
European Union, to demonstrate to 1.2 billion Muslims in the world that there
is a far better path than the one offered by the terrorists.
I know that some Europeans,
including some of my friends, grow weary of having American tell them about the
importance of bringing Turkey into the EU. They think that perhaps this is not
our business, as Americans, and we should mind our own. But, in fact, it is a
contribution that Europe can make to all of us. It is in Europe‚s
enlightened self-interest but also the interest of every country that
recognizes that the way to fight terrorist extremists in the long run is to
demonstrate that the values that we call Western are indeed universal; to
demonstrate that the benefits we enjoy the benefits of a free and
prosperous and open societyare available equally to Muslims.
Turkey, of course, faces enormous
problems today. But it is always important to remember how far along the
journey Turkey has progressed. Bernard Lewis has observed that Turkey looks
very different, depending on whether it is viewed from the Middle East or from
Europe, viewed from where it has come from or viewed from where it is heading.
There is no doubt in my mind Turkey will continue to move forward. For, as
Ataturk understood so deeply, Turks have an enormous ability to survivethrough
their patience and, above all, through their pride, their courage, and their
openness.
With such courage, Turkey needs to
seek, with all those concerned, a solution for Cyprus. We support the good
offices of the Secretary General. We believe that a negotiated settlement can
and should be found. Such a solution is in the interest of Turkey and Greece,
and in the interest of Greek and Turkish Cypriots. It is a difficult challenge,
but I believe it can be met.
To win the war against terrorism,
and, in so doing, to shape a more peaceful world, we must reach out to the
hundreds of millions of moderate and tolerant people in the Muslim world. We
must speak to those people around the world who aspire to enjoy the blessings
of freedom and free enterprise. Turkey offers a compelling demonstration that
these values are compatible with modern societythat religious beliefs need not
be sacrificed to build modern democratic institutions.
One nation for whom Turkey‚s
democratic model can serve as an inspiration is Iraq. Iraq currently suffers
under the rule of a tyrant who oppresses and slaughters his own people and
threatens his neighbors with the most deadly of weapons. Iraq‚s educated,
industrious populationwith the aid of its large endowment of natural
resourcescould rapidly build a modern and wealthy society that would be a
source of prosperity, rather than insecurity, not only for the people of Iraq
but also for its neighbors. That is why the United States continues to look for
new leadership in Iraq, united ethnic and religious leadership, that will
preserve the territorial integrity of that country, and that is committed to a
democratic future.
During my meetings with Turkish
government officials, I look forward to hearing what they have to say
concerning the future of Iraq. We value Turkey‚s views highly, and my
colleagues back in Washington will be very interested in what I have to report.
Turkey has large and legitimate interests in Iraq, and it has suffered
economically from Iraq‚s international isolation since the time of the
Gulf War. Turkey is naturally interested in the fate of the Turcoman minority
in Iraq, which, like the rest of the Iraqi population, has suffered grievously
from tyrannical rule. And Turkey reasonably wishes to be assured that events in
Iraq won‚t have a negative impact on Turkey‚s own unity or its
hopes for emerging from the present economic crisis.
President Bush has made clear just
how dangerous the current Iraqi regime is to the United States and that it
presents a danger that we cannot afford to live with indefinitely. But we also
understand that Turkey has a vital national interest in the kind of regime that
rules in Baghdad. Natural patterns of trade and investment should prevail, not
those that Baghdad manipulates today.
It is vital to Turkey for the
people of Iraq to govern themselves democratically, with full respect for the
rights of minorities, including the Turcomans, and to maintain the territorial
integrity of Iraq. A separate Kurdish state in the north would be destabilizing
to Turkey and would be unacceptable to the United States. Fortunately, the
Kurds of northern Iraq increasingly seem to understand this fact and understand
the importance of thinking of themselves as Iraqis who will participate fully
in the political life of a future democratic Iraq. A democratic Iraq will
stimulate economic growth with neighbors, including Turkey, and will stabilize
the region.
Another great obstacle to the dream
of peace in this part of the world is the continuing conflict between Israelis
and Palestinians. Over these many years, after the sacrifice of so many, it is
clear that the solution to this conflict will not be achieved by the force of
tanks or bombs. A lasting resolution of this conflict can only come through
political means. And the outline of a solution has been clear for some time,
one based on two fundamental elements: the acknowledgement of Israel‚s
right to exist as a Jewish state within secure and recognized boundaries; and,
the creation of a Palestinian state that brings to an end Israeli occupation
and provides a better life for its citizens and security for its neighbors. Such
an outcome can finally make Palestinians free. Free in every sensefree from
external occupation and free from homegrown tyranny.
Here again, the democratic values
that the United States and Turkey share and hold so important also represent
the key to progress as we seek to resolve the long-running tragic circumstances
in the Middle East. Speaking at the White House a couple weeks ago, President
Bush suggested what might seem like a great stride, but may in truth offer the
only long-term solution to achieving peace and stability between Israelis and
Palestinians. He called upon Palestinians "to build a practicing
democracy, based on tolerance and liberty." He said, "If the
Palestinian people actively pursue these goals, America and the world will
actively support their efforts."
Men and women everywhere yearn for
peace, for a better life for their children, for security and liberty. Where
governments are elected to represent the people, there is hope that they will
carry those aspirations to the negotiating table. But governments that aim
principally to control rather than represent the people will always look for
enemies, internal and external. They are not now and have never been the
peacemakers who can lead their people to peace.
Building a working democracy will
take enormous effort. But, in the end, those who take an active role in forming
their destiny are more likely to live in peace and enjoy the fruits of peace.
Turkey‚s ability to speak to
both sides of this bitterly divided Arab-Israeli issue constitutes an important
element of hope in a dangerous and difficult situation. When the process can
get back to the point of serious negotiations and hopefully sooner rather than
later -- Israel‚s confidence in its relationship with Turkey will increase
its willingness to take risks for peace.
Turkey‚s Ambassador to the
United States, Faruk Logolgu, was one of only two foreign ambassadors invited
to speak at the White House on March 11 to commemorate the passage of six
months since September 11 and the attacks on the World Trade Center and the
Pentagon. I would like to close with his remarks. "Turkish society, "
the Ambassador said, "is living testimony to the proposition that Islam,
democracy, and modernity are compatible. Our secular society is one where
civilizations do not clash," he emphasized, "but where indeed they
embrace. As we fight terrorism, "he said, "we must at the same time,
strive for inclusion and participation, trying to win the hearts and minds of
people everywhere for the values we together cherish." I could not agree
more.
In Ataturk‚s later years, he
observed that nations are bound more by sentiment than by treaties. Turkey and
the United States are bound by the values we cherish and by one other thing:
arkadaslikfriendshipa word, I am told, that is among the most important words
in the Turkish language. It is a friendship our countries have forged in war
and strengthened in peace. It is a friendship of our countries‚ leaders
who together have faced the challenges of our times. This friendship of ours
will continue to be a powerful force in the fight against terrorism, in the
battle for hearts and minds.
For people who cherish freedom and
seed peace, these are difficult times. But, such times also can deepen our
understanding of the truth. This truth we know: the single greatest threat to
peace and freedom in our time is terrorism. So this truth we also affirm: the
future does not belong to terrorists. The future belongs to those who dream the
oldest and noblest dream of all, the dream of peace and freedom.
Cok tesekkur ederim. Many thanks to
you, our esteemed allies, our Turkish friends.
Q: Thank you for a very
enlightening speech. We hear a lot about the unilateral nature of U.S. foreign
policy. What is the perspective of unilateralism that you personally have? And
what is the perspective of the Bush administration?
A: I think unilateralism is a word
that people use to describe our policy when they don‚t like it. It is not
a word that we believe describes what we are doing at all. We do not believe
that we can succeed in the world without working with other countries. That was
true before September 11. It‚s even more true after September 11. But I
do think that it is important in working with other countries to think of some
other things, as well. It is not simply multilateralism for the sake of
multilateralism. It is very important to have partners who share your values
and objectives. That‚s why, when we come to multilateralism with Turkey,
it is so much more important to us than is multilateralism with countries who
fundamentally may not support democratic values or, maybe even in some cases, a
peaceful international order. Secondly, we don‚t believe that working
with other countries simply means taking a public-opinion poll and going down
to the lowest-common denominator of what everyone agrees on. We do believe that
there is a role for leadership. And some of that role falls on the United
States partly because of our unique resources. And I don‚t like to use
the world "power". That‚s what people say. It isn‚t even
primarily military power I think our economic power is even more important but
mostly I think, and I‚ve said this many times, the great power of the
United States lies in what we stand for. And it‚s powerful because we
stand for people determining their own future. That‚s completely at odds
with going around telling people how to behave. But there are times I
experienced this personally eleven years ago, after Iraq invaded Kuwait when
people, and countries whose interests are affected, are not out there waiting
for the United States to take a public-opinion poll and ask what should be
done. They are eager for the United States to come forward with ideas about
what should be done and then listen to friends tell them whether that idea is
right or wrong. But they need someone to take leadership. By the way, it
isn‚t always the United States. Right now it‚s Turkey that is
taking leadership in the International Security Assistance Force in Kabul. But
you don‚t form effective frameworks of effective international action without
some countries taking the lead. So, that‚s the perspective that I would
offer. And I would also say to those people who think we don‚t listen to
our friends and allies that they are simply wrong. I heard this when President
Bush announced, last May, that we had serious reservations about the
constraints of the ABM treaty and that our national interests were adversely
affected by that treaty. I heard the cries of unilateralism. The first thing
that we did was to send people, myself included, all around the world. I went
to France and Germany and Poland and Russia to hear people‚s views. The
President didn‚t actually do anything about withdrawing from that treaty
until over a year later. And when we did withdraw from the treaty last year, it
happened in a framework where the U.S.- Russian relationship was the strongest
it has ever been. We didn‚t get there by unilateralism. Similarly, there
are many issues on our agenda today. I came here to Turkey as part of
consultations. As part of understanding Turkish perspectives on those issues.
We‚re a long way from making decisions. We are very interested in
understanding the positions of countries that understand the problems and
countries that have an interest in the outcome. It doesn‚t mean we don‚t
have our views. We have our strong views. But we listen to other people. And
thank you for giving me an opportunity to say all of that.
Q: I am a columnist for Turkiye
newspaper. It gives me great pleasure to welcome you to Turkey. I have followed
your remarks in and out of office, and I know that your remarks are not
perfunctory but come from true affection and knowledge and information about
Turkey. Your comment about our membership in the European Union is very
perceptive, especially for those who can read between the lines. I have a
specific question within the context of the European Union. For our candidacy
for membership one of the conditions is the abolition of the death penalty. The
European Union is against the death sentence for Ocalan, which has been approved
by five Turkish courts. Now, in most of the United States there is the death
sentence. If, and I should say "when," the terrorists behind the
September 11 terrorist attacks are apprehended, they will surely be executed.
How do you comment on this?
A: I suppose I‚d have a
firmer view if the European Union had invited the United States to become a
member. But I understand the quandary as you pose it. We obviously have our
strong views on those issues. I think I‚m going to be a diplomat here and
not try to get in the middle of an important dialogue between Turkey and the
EU. I hope that in the course of this dialogue that this issue is raised. I
mean, what would one of our European allies do if they were to capture Osama
bin Laden? I hope at least they would extradite him to the United States and we
would finesse that issue. It‚s a difficult issue but I think all of those
issues, including the one you raised, should be seen in a broad historical
context. In my view, both Europe and Turkey will be much better off with Turkey
in the EU. On both sides there is going to have to be compromise in order to
achieve that. But I think that in the long run people will be much stronger as
a result. So, I don‚t have a formula for you. I only think that one should
think about everyone of these small issues in the larger framework of what is
to be gained strategically, both for Turkey and for Europe, but also, as I
said, for the world, because extending the European Union to a country that is
overwhelmingly Muslim is going to mean so much symbolically in this larger
struggle we face to convince a billion Muslims that the benefits of modern,
democratic, prosperous society are open to them. I believe it is difficult to
exaggerate the strategic importance of that and I would suggest that that is
something for people to keep their eye on.
Q: Thank you very much, Mr.
Secretary, we highly appreciate your words. First, do you believe that the
Cyprus question can be resolved by the efforts of the Turkish side only? In
terms of the European Union, why is a Cyprus solution is a pre-condition for
Turkish membership, but not for Cyprus‚ membership? On another topic, on
Iraq, as you now, a few years ago we had an interesting process known as
"the Ankara process". Do you agree that it would be a good idea to
re-start it?
A: You‚re not going to like
my answer but maybe you will because those are precisely the kinds of questions
that I hope to be much smarter about after I leave Turkey. And particularly on
Cyprus, where, quite honestly, I know it‚s important. I also know it is
the business of the State Department. And I try most of the time to "stay
in my lane," as they say, and stick to defense issues. But it is very
important for all of us. We have in our government very regular discussions,
during which Secretary Powell and Secretary Rumsfeld and the Vice President and
Condoleezza Rice, the National Security Adviser, get together to discuss
issues, sometimes with the President, sometimes without him. And in preparation
for those meetings, we have meetings of what is called the Deputies‚
Committee, of which I am a member, so that even though some of these issues
aren‚t "in my lane" I get to comment on them. So, I hope to be
much smarter on Cyprus when I leave than I am now. On Iraq I have a lot of
views but I am quite honestly more here to listen than to preach. The mechanism
that you mention is one of the ones I‚d like to think more about because,
as your question suggests, there‚s been a lot of experience over the past
ten years that we should draw some lessons from, some of it negative, some of
it positive.