Needless to say, the nature of their future has profound implications for us. We are proud of these programs, Mr. Chairman. The balance is covered by FSA funds. Mr. Chairman, we need to prepare for the future. Closed societies will open.
Public diplomacy is an exceptionally flexible instrument.
It is deeply subversive to authoritarian systems. It has proven its effectiveness in societies in transition, and it is well suited to new issues that stimulate broad public engagement. We believe, Mr. Chairman, we have brought into the Department of State assets that greatly fortify traditional diplomatic readiness. Through our programs we help make available to the rest of the world the richness of American life and experience, furthering mutual understanding in the process. In Wall Street parlance we are long-term investors with a special interest in emerging markets.