melissa: that is interesting. connell: i will be in michigan tomorrow, birthplace of the reagan democrats and we're in wisconsin on wednesday. should be fawn week. -- should be a fun week. melissa: absolutely. bulls & bears starts now. >> we had nasdaq, we had s&p, we had dow, we had all-time highs, and that's many many days that we have hit all-time highs in the administration. >> president trump just touting the strength of the stock market today. all three major averages closing at new highs on the same day for the first time since mid july. this and so much more tonight on bull & bears. i'm susan lee. joining me is jonathan hoenig, zachary karabell, gary kaltbaum and liz peek is here as well. president trump cheering the economy as a value of american businesses in the three years he has been in office and has gone up by 10 1/2 trillion dollars.

that's with a t, according to the wilshire 5,000, the goldman sachs is warning that the good times could come to an end if one of the many many democrats pushing to reverse trump's tax cuts takes the white house next november. goldman is estimated for every 1% change in the effective corporate tax rate, there would be a roughly 1% change in s&p 500 earnings per share. and if tax cuts were entirely reversed, it could even shave off half a percentage from our gdp. the economy, liz, are they being overly dramatic? >> no, i don't think they are. they are basely saying you roll back the tax cuts, earnings go down by 11%, there would also be i think some change in the prospect of growth going forward, so i think multiples would come down a little bit, looking at a 20, 25 percent correction which some major hedge fund players have been

talking about, cooperman for example. i think that kind of market reversal is totally possible if elizabeth warren or one of these other people gets into office >> look, i think it is a mistake in general to judge a presidency by indices, otherwise we would be touting obama's administration just like we are trump's, because it was up 55% at this point and s&p in obama's term, it is up 35% under trump. i don't think the markets the end to move as much as what the white house does as we currently the end to ascribe. the second part companies like goldman and wall street analysts are trying to prognosticate future effects of hypothetical policies. in general, those are rarely correct. >> we do know -- >> we don't know how much the markets would go down. >> but we do know to the extent an economy is socialist, it fails, and to the extent that it's free, it succeeds. it makes me shake my head folks. if the democrats really cared about the poor, they would be

advocating for capitalism. that's the only system in his -- in history that's ever brought the poor up and worked. trump is inconsistent, for tariffs and all that, but the democrats -- >> first of all, you mentioned obama. compared to warren sanders obama is a tiptoe through the tulips when it comes to what they are proposing. it's not just the tax cuts. they want to take the corporate rate back to 35%. they want more regulations. they want to stop fracking. they want to put more power in the hands of what's going on in d.c. out of the hands of the people. all that combined i will guarantee you some sort of a hair cut in markets and economic growth, it is an absolute gimme, if that becomes the case and if it does happen to be sanders or warren, you know, there's no

bottom number i can give you at this time. >> sanders, warren, buttigieg, they all want to take the corporate tax rate back up to 35% from the current 21%. do they remember what it was like when it was at 35%? jamie dimon says i will give the president credit for reducing it because it was so uncompetitive compared the rest of the world >> what people don't remember about that of course is the effective corporate tax rate was well below the 35% because companies were able to either offshore or in accounting role. we never collected a 35% corporate tax rate. >> that's not good either. you don't reinvest it back into the economy. >> it was dysfunctional to have a tax rate that was so out of line with what almost every major competitor was charging corporations. what we've seen i think also is that again it is about sentiment. it is about rules and regulations. gary is totally right. for the first time in a decade, i think, the actual federal rule back has now stopped. -- rule book has now stopped.

it is no longer growing, it's tens of thousands of pages, that's great news for businesses. >> it is about fundamental ideas. at best out of the dems you get a european style fran esque slow growth economy big entitlement state that puts growth at zero for decades and at worse you look to venezuela or other example of socialism put into practice. this is what the democrats have on tap. the republicans have to have something else because we know the prescription for the socialists -- the democrats want, more government control, lower stock portfolio. >> listen to the words. everything is shutting down of this or shutting down of that, control of this or control of that. i've always said a president, all you do is set good conditions and just get the heck out of the way and let the people and the businesses flourish. and that's what i think is going on here. and i speak to major ceos, middle of the road ceos. i speak to small businesses. they are all saying the same

thing, they feel better about things. i must tell you, how you feel about your business goes a long way especially when you feel like you don't have the restrictions and mandates and fees and fines and regulations overhanging your head, that's a big part of this equation >> you also mentioned the sentiment factor. the president no matter how much we ascribe all these policies to a president, it's congress that passes tax law; right? donald trump did not lower the corporate tax rate, a republican congress lowered the corporate tax rate. warren, should she get elected -- >> he drove the bus on it >> believe it or not, on the corporate tax rate there was a huge amount of -- i mean, before trump was elected, there was a lot of democrats sentiment in favor of that. obama actually proposed it because it was as liz said -- never happened. but elizabeth warren cannot become president and unilaterally socialize medicare, that has to be congress and it would have to be a substantial majority in the senate in order to do so. so before we get a little bit too ahead of ourselves, we can

criticize the sentiment and the policies, but that doesn't mean that, you know, january, whatever, 2021, they get in office and all this happens. >> it is the wealth tax, the best example, zack when you say it. it is the wealth tax, and she's leading the charge on that. people say oh, well, you know, jeff bezos can afford it, think about it if 2, 3, 5, percent of his wealth wasn't invested in productivity, it was spent or just given to the government, it comes to fundamental philosophy, to democrats it was 100% government control over the economy. do you know how that's looked, look to history. it's always been in chaos and poverty for everyone that's equal. they have been equally poor. >> jonathan, this is a family show. let's be careful with the language here. if the economy stays as it is, president trump has a 75% chance of being re-elected. you believe that? liz? >> well, i think it certainly

works in his favor. i want to go back to what jonathan was talking about, not just corporate taxes that were under review that the democrats also want to hike, it is also personal taxes which takes it out of consumer sentiments overnight. that's what been driving consumer spending and virtuous circle of growth. i think the whole thing is in jeopardy, if any of these people -- look, it is not that all democrats are a menace, it is just that the particular ones leading the parade right now have terrible policies that they are talking about. >> where does this best employment mark in 50 years comes from? it comes from corporations feeling confident, bringing back money from offshore back to on shore in order to hire the people that they've hired over the last three years. now, let's get back to the stock market because this is a fox business alert. if you take a look at shares of uber, a ride hailing company, tumbling in the afterhours and that's despite better quarterer than anticipated. beating on both the top and bottom line and guiding for smaller losses for the full year

when it comes to what we call ebitda, basically how much revenue you bring in for the company, and they are also talking about profitability in the year 2021. but the market doesn't seem to be believing them at this point. as you can see, the stock is down close to 6 1/2% right now. now, mcdonald's, shakeup there, another top executive out at the golden arches, the company's ceo was fired over a relationship with an employee. we will have the latest live from mcdonald's headquarters. that's comes your way next. >> this is a bad relationship with a superior who is dating a subordinate because everybody gets hurt. the stockholders got hurt today. the employees got hurt. the reputation got hurt. chevy's the only brand...

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mcdonald's top human resources officer is out after ceo steve easterbrook was fired for having a relationship with an employee. grady trimble is live at mcdonald's headquarters in chicago with the latest. grady? >> yeah, double-whammy for mcdonald's today. the company wouldn't say whether the head of hr leaving has anything to do with easterbrook leaving. however, easterbrook is leaving with a pretty hefty severance package, including six months of pay in ch which is about $675,000. it also includes company stock worth up to 37 million dollars, according to the bloomberg. he also can't work for a competitor for two years not that he would need to. mcdonald's wouldn't say what he broke, but its website clearly outlines its policy on dating. employees can't have a relationship with another employee who reports to them directly or indirectly, and if they are going to have a relationship, they are supposed to tell hr about it. mcdonald's reiterating that this

decision is not related to the company's financial performance. company doubled in value while he was at the helm, also modernized its brand and menu. now in the top job is who previously oversaw u.s. operations, coming at a time when mcdonald's saw some struggles in the third quarter. they are dealing with competition, dealing with getting traffic in to restaurants. they have also had competition with delivery and people seeking healthier options when it comes to food. back to you. >> thanks, grady. jonathan, the company had a rule about dating. the ceo apparently violated that rule. is firing the ceo a step too far here? >> bravo, mcdonald's. this is how it's done, zachary. there is corporate responsibility. they are protecting their employees, and you know what? they are also protecting their shareholders over the potential for millions and millions of dollars worth of lawsuits. it is completely inappropriate with superiors having affairs with subordinates who report to

them. it goes back to the old adage. it is amazing to the ceo making tens of millions of dollars a year would jeopardize it all with a tryst with a subordinate. >> family show, jonathan, come on. i tell you this, look, it is unfortunate in this case but i think mcdonald's was following the rules virtually everybody reports to the ceo when you are oversee 200,000 employees. yes, easterbrook is divorced and father of two. he's brought mcdonald's into the future. he was i guess credited with rolling out these kiosks in what he called the restaurant of the future and also giving back to shareholders, they gave back 100 billion dollars in stock repurchases and also dividends as well. >> you don't he -- you think he -- >> i think he was good for

stockholders. on an ethical basis yes maybe he had to go because of the contract he signed. >> i think a lot of this comes from the fact that mcdonald's franchises has had a lot of problems with sexual harassment lawsuits and the company as well. you know, as you mentioned, they have ones of thousands of employees -- hundreds of thousands of employees and they had this as a problem. they instituted a rule. the ceo knew about the rule and was probably party to putting it into place. i think they had no choice but to fire him. the question is, is this a reasonable policy? i think jonathan's spot on. these kinds of relationships, where someone is reporting to someone else. someone has control over their compensation, etc., it is not a bad thing to have that basically just completely eliminated in the workplace. >> the best news here is mcdonald's now sets a standard for every other major corporation that they will not stand for breaking the rules, no matter who it is. i mean, this guy was a very popular ceo that did very well

for the company, did -- big turn around. the stock had been doing very very well. i think it is good on them, and it is a lesson to every chiefton out there that if you don't, you know, do the straight and narrow -- this guy was making a lot of money, what a great reputation. i think it was warren buffett that once said it takes 20 years to gain a reputation and five minutes to lose it. you see what happens. >> i think we need to question and keep an open mind about the rule applying to all indirect reports. there should be no question mark about the direct and all the potentials for abuse in that, but when you start adding in the indirect reports, you know, a lot of these companies are -- a lot of these executives, at least, their -- not just their work life, a lot of it is their social life working 50 to 70 hours a week and to say there can be absolutely no sort of off-campus personal relationship if there's any hierarchal difference. i understand where that comes from.

it may be a bridge too far. >> it is 2019 and liz, you were talking about this, i mean, how many other ceos do we know of that married their employees? >> their assistants. >> maybe back in the 50s and 60s, guys. honestly -- >> recently as well. >> this doesn't happen anymore. what happens now is that employee files a lawsuit against that superior. it doesn't matter who he is, if he's two chains out of command. that employee says i was passed over over a promotion because i had an affair and there was a break up. this is good policy. to gary's point, even the ceo is not exempt, sets the bar for corporate responsibility. >> i would love to be a fly on the wall when somebody goes into their hr person and says by the way i'm thinking about having a relationship with someone in my unit. i just can't -- what do they say; right? like, nope, nope, you can't do that. >> they throw dart at you when you ask that question. [laughter] >> the important part of the equation here is that the bar

has been raised for everybody else. you can ask the question, what if the ceo went in and asked about this, or what about the rule itself, the bottom line is mcdonald's is protecting the company. mcdonald's board's job is to protect the company first. you can always get the next ceo if the guy is not on the straight or narrow. whether you think this was the wrong move or he shouldn't have been fired, they did what they had to do because the rule is on the paper >> it is a different era as well. >> shifting gears, elizabeth warren is catching a lot of heat from her 2020 presidential opponents over her 52 trillion, with a t, dollar medicare for all plan. can she really sell to it the american people? i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go.

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controversial. again, there are variations in the estimates in the trillions and trillions and trillions of dollars. >> every single person in america is entitled to healthcare, but i'm able to provide that healthcare. i know how to get it done, to go out and pass it >> the difference between my medicare for all plan and some of the others who are on the debate stage is i'm not going to take away your choice. if you want to have a private plan? >> elizabeth warren is under fire from all sides. 2020 democrats are slamming the cost of her 52 trillion dollars medicare for all plan, even saturday night live took a shot. listen. >> here's my plan, look at this, look at this, okay, first off, right,? we're going to cut military spending so immediately dead in the water. we're talking trillions. you know, when the numbers are this big, they're just prethe end. you want to see the math? okay, i will show you. look at this here, yeah --

[laughter] >> do you understand this? i do. i can explain it to you, but you'd die. >> but the "wall street journal" says that warren isn't giving an inch, quote, despite criticism from fellow democrats, she is sticking to her plan for a government takeover of american healthcare. she continues to claim this will cost quote not one penny in middle class tax increases. she walks on water too, unquote. so the journal is skeptical. zach, they are calling this a fantasy plan. is is it? -- is it? >> you know, the numbers if you look at half of that -- >> they don't add up, zack, do they add up? >> half of the 52 trillion is already government spending, so it is not 52 trillion dollars of additional government spending. what doesn't add up -- >> and that's a good thing? >> no, the point is, what doesn't really add up is there's no clear sense that there is a massive push for this around the country. so it is very rare for societies to revolutionize a system, albeit even a dysfunctional one

without a massive crisis underlying it. we simply don't have those conditions in the united states. we may have a lot of people hurting because they are not able to afford their healthcare but that's a far cry from a 1933 great depression moment where there was a huge call for radical change in an economic system. those conditions don't apply. >> but gary, she does want a takeover of healthcare >> look, i'm sorry, look, let us not forget it's not just this. she's proposed a 14.8% social security tax on anybody making 250 and above. a 14.8% investment income tax on 250 above. a carbon tax. a tax on tax. i don't even where it starts or where it ends with this woman. but here's what i do know, every wealthy person right now is in a room with their accountants and

attorneys and looking at bermuda and bahamas and all these other countries because they are going to get out of dodge if she ever gets away with a 6% wealth confiscation every year, which means you're out of your -- at the end of 16 1/2 years. this is absolutely insane. i wish the media would be -- i'm talking about national media, would be a little bit harder and they are not unfortunately. >> i agree with you. what's so irritating to me is these candidates pushing medicare for all, sanders and warren mainly have done no research about how it actually works in other countries even the journal talked about how her plan really ends up in rationing. guess what, folks? that's exactly what you have in england, the nhs rationing operations, medications because they can't pay for state of the art care for every human being. so in england people are going across the channel to france to get operations which otherwise they would have to wait for for years.

ditto in canada. so it's the laziness of this and the dishonesty of it that is so offensive to me. we have a system that is not perfect, but honestly, to credit joe biden, it can get better, it should get better. we can make it better. we don't have to throw everything hah -- everything that works overboard which is what she wants to do. >> if the republicans in 2016 wouldn't have ditched obama care in order to replace it, they -- >> i totally agree. they made a complete hash of it and got their clock cleaned in 2018 as a result. and what's discouraging to me as the republicans is they don't have anything on the table at this point. >> they are all nightmares, let's put it this way. let me say this, the wealthy are going to skedaddle out of here. that's the way it works when you come out of here. here's the problem with this, anybody trying to become wealthy has no shot because every time they try to move up the ladder,

the person is there to take more away from them. i'm talking about from income tax to every other type of tax and god bless if you ever become a billionaire, forget it, they don't like billionaires. you are a corrupt individual. you are bad. you did nothing for anybody. you're terrible. >> gary, it always starts we're going to tax the 1%, then it's the 5%, the 10%. the numbers don't matter to people like warren. it is the ideas. they are pushing healthcare as right as a function of reality so they will find a tax to make it work no matter what happens >> it is also going to affect the middle class. >> of course. >> in another interview she admitted it was going to cost 2 million people their jobs. they're middle class people. they may have white-collar jobs, but they are not making a huge amount of money. their jobs are gone basically. she wasn't at all concerned about that. >> when you tax companies, where do you think they get the money from?

they take it out of the workers pockets, their paychecks, it is going to the employees and you. >> so true. don't touch that dial. we have a lot of show still coming up. united autoworkers are celebrating a deal with ford as its president takes a leave of absense amid an investigation into embezzling union dues? reports now of secret recordings. we will have the whole story with an automotive expert who has the details coming up after this. obvious. sometimes, they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪

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>> from the department of you can't make this up, fresh off striking a deal with ford, the uaw president gary jones is taking a paid leave of ar sense. -- absence. subject of a federal corruption probe. jones and another official are accused of embezzling $700,000 from union and stealing 1.5 million dollars of member dues and using it on personal lux ris. joining us on the panel is automotive expert. some people are suggesting that the government needs to step in and take over the union. is this a good idea? >> i don't know if you want the government to take over the union. they have enough trouble trying to organize the post office and amtrak. but i would think that the best thing for them to do is yeah, they need -- basically they need to go in with a forensic accountant and find out where

every nickel is. if you were selling the company, you would have a forensic accountant going through the books. if you are talking about federal probes with the fbi, irs and labor department and this kind of dollar amount and they already have arrests? this has been going on four years. this is much deeper than what's on the surface. >> lauren, this is gary kaltbaum. i want to ask you about the members. how are are they looking at this right now and with all this talk throughout the years about the unions being corrupt and taking too much out of it, i got to figure this puts it a little bit of the stake in and twists it a little bit more from members looking at it in a different way. >> that's a big concern, i agree with you. if you are paying dues out of your paycheck to be represented by the uaw and you are finding they are taking those dues and putting them in their pocket essentially or using them for luxuries, you are not happy about that. you want an increase in pay, you start to wonder i'm paying due,

this is worthwhile? you need the trust and the confidence. especially with gm, 40 days is a long time for a strike and probably unnecessarily long, but i think they had no choice to show they are working hard for their members or they may have lost quite a few of them. >> it's liz peek, lauren. question for you, supposing that the members really got riled about this as well as they should in my view, how easy it for them to sort of stage an insurrection, you know, basically let go all the management of the union? is that a possibility? or will they struggle forward as it is? >> i think it is basically a company. as any union group or any company to get rid of the people at the top would be very difficult because some of them are doing their day-to-day jobs while others are not. so they could vote out the people at the top, which has happened in the past, but more

than likely just like any union group like, this they will have to come back, rev are -- revolution, listen, we are paying money, we expect representation. this is crazy. we might find another situation of dissolving or splitting into two groups. >> i feel bad for the union members. the unions are given power through the nrlb and other elements of government that they wouldn't have a free market, i think the net effect has been a net negative on the union members. hundreds of millions -- they lost hundreds of millions of dollars in salary, this strike had a negative effect on the michigan area and sorted suppliers and net-net, the u.s. automakers are left competitive because of the unions. this kind of corruption has been going on for decades. this is the latest example once again of the unions screwing the members that they are supposedly trying the help. >> i agree with you.

i mean, i feel bad for these people. they live paycheck to paycheck. when they don't have a paycheck for 40 days, they were struggling to make their car and home payments. the guys at the top don't worry, they were well taken care of. as a huge concern for these people, this is why you're seeing manufacturers saying you know what? maybe we will go to right to work states. that's why you are seeing a lot of plants being built down south or worse going to mexico which takes jobs away from u.s. workers. >> just ton specifics of this -- just on the specifics of this, there are times where prosecutors see a big fat target and connect dots that maybe shouldn't be connected. i don't know what the details of this are and this is still obviously an accusation rather than a conviction, is there any potential that they are, you know, they're making a mountain out of a mole hill here? >> oh, no, this is a wiretap. you've got federal wiretap audio recordings and there is a federal corruption probe, you're talking over 2 million dollars total so far, plus you've got seven people that have already been convicted, i don't think

this is mountain out of a mole hill. this is obviously something more. they found cash in some of these executives' homes, hidden in their garage, and they take lavish vacations. they have a country club available to them, but the workers don't have that. they work hard every day for every dollar in order to pay their bills. this is not the way union is supposed the work. they are supposed to work in the best interest of their member, and this is not the best interest of their members. >> thank you, lauren for that really interesting report. tim cook, ceo of apple is putting forward billions of dollars to combat california's homelessness crisis. should this all fall on the shoulders of private industry? we'll debate that next. (vo) the flock blindly falls into formation. flying south for the winter. they never stray from their predetermined path. but this season, a more thrilling journey is calling.

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i am royalty of racing, i am alfa romeo. >> apple is taking on homelessness in california. unveiling a new plan to put 2 1/2 billion dollars towards combatting the housing crisis in california. susan, you have been following this story.

what do you think the new plan can do? >> i think the take away is that it is twice what facebook and google have put up, so 2 1/2 billion dollars; right? facebook, each a billion dollars, what they are trying to do is that a billion will go to the shovel ready projects, so they can get units up as soon as possible and then another billion is to help the first-time homebuyers, you know, the valuable members of society who have been pushed out of the housing market like the teachers, the firefighters, the first responders soy -- so i feel apple and the rest of the silicon valley giant feel like they need to stand up to this, when was the last time you see someone living on the streets in a wealthy community like san jose, but apparently it's happening. now is this enough? some would say it falls short, right, jonathan? >> why is homelessness exploding in california? certainly not apple's job to remedy it. it is a good pr stunt when your stock is at an all-time high.

tough cash to do it. -- you have cash to do it. government policies subsidize homelessness in this area. even things like the new uber law that make it more difficult to make money, especially -- >> it is the zoning laws, real estate, the fact they have allocated so little land to new housing and developments, that's california's problem >> that's the other end f it. they subsidize the homelessness and disincentivize development with the environmentally friendly not in my backyard development, susan, hit the nail on the head of. >> i think it will be interesting to see if the money gets spent. you have these great ideas. there was a story about a guy who for 10 or 11 years tried to build low cost housing in a place in san francisco, he couldn't get through regulations. it never happened. it's true. >> let me just say this, what about who gets what? is this going to be a lottery for people to get into the low cost? i think people are going to get on-line and shove each other to

get in, if you are putting up housing that is a lot cheaper. does it depress the other prices? there's all kind of repercussions when you have this new money coming in and saying we're going to do it at low prices when everybody else is at higher prices, combined with the fact with what liz just said to get through the regulations, good luck to you. >> i wonder what jonathan thinks about this because this to me seems like one to have rare areas where -- one of the rare areas where it is a government responsibility to handle the commons and things like homelessness, public safety and health are precisely why governments exist, right? why is private industry suddenly having to pony up 4 billion dollars above whatever taxes they are paying? >> i agree with you. the private industry shouldn't have to especially when the problem is caused by government. susan alluded to some of the problems in terms of development, in particular, california is subsidizing. the sanctuary cities policy alone, that subsidizes people to

come looking for a handout instead of either getting the mental help they need in terms of mental health or actually getting a job. >> let's not lose track of the fact that this is an important thing for these tech companies. >> [inaudible] >> not just that. they are trying to hire people. the people look at what it costs to live out there and they have to pay way higher salaries as a result because these people need housing. it is a problem that exists. i think it makes some sense for these companies to try and help tackle it. my guess is it's going to be a real uphill battle. >> for all the cynics out there, jonathan in particular, i asked whether or not apple will get any tax breaks, and they said at 2 1/2 billion, even if we do get tax breaks on that small amount, it doesn't really move the needle for a company that makes around 80 billion dollars in sales in three months' time, but, you know, will they get some? maybe, for the charitable donation side, but not much. >> the answer is yes, they will

get tax breaks. corporations work in their own interest at all points in time. keep that in mind. since you are talking the homeless, it is an absolute sin that you have such wealth in the state of california to have what we are seeing on video and when i have gone to visit there. it is for real. it is not fake news. the amount of homelessness and the tents on the streets and the needles on and on. >> guess what low income is for a family of four? $110,000 is considered low income in a rich community like san francisco which i found shocking because that goes a long way in other parts of the state. >> i think we can all agree it is a huge problem. before we head to the break, let's see what's coming one "evening edit". elizabeth macdonald, what do you have for us? >> great to see you, liz. >> hi. >> we're going to take viewers live to the president's keep america great again rally in kentucky. it is also new one year until the 2020 election.

and as we've been warning, also the white house is now indicating there could be a looming thanksgiving government shutdown. democrats are now talking about throwing poison pills into the nafta 2.0 trade deal which could ruin it. also news on the impeachment push. new polls showing voters are divided. we debate the potential achilles heel, the democrats biggest weakness. we will talk to former white water independent counsel robert ray. all about that. back to you >> thanks. while everyone can agree two plus two equals four, social justice might be coming to a seattle math class soon. details you don't want to miss next. only one thing's more exciting than than getting a lexus... giving one. this is unbelievable! >>it really is. the lexus december to rembember sales event

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>> the seattle school district is under fire after announcing they are planning to infuse all k through 12 math classes with ethnic studies. questions that encourage students to explore how math has been appropriated by western culture. the public school system says they will explore how math has been used in systems of power and oppression. jonathan, can't wait to hear what you have to say. >> this is actually disgusting. we're talking about math here. math skills, and this is progressive multiculturalism, social justice warriors. look what they are going to be teaching, how math oppresses communities of color? how math exploits the environment? math is math. kids need to learn math. if i had a kid in these public school system, i would pull them out of it, another reason,

obvious reason why they need to be privatizing schools sooner rather than later with this type of stuff being taught. >> i can see the formulas, two plus two minus white privileged divided by american imperialism. >> contactually right. -- exactly right. >> this is a hard one to square the circle, no pun intended. >> doesn't add up. >> it really doesn't add up. there may be a place of questioning western values and what different cultures played into but it seems like math class is not the proper class. >> this is a bigotry of low expectations, the most offensive things that reigns in our public schools we don't think black and brown kids can learn to do math? at the best charter schools they learn just as much as they need to learn to get ahead. they should be given that opportunity across all our public school systems and they are not. it is beyond offensive. >> absolutely. and being a person of color here, i would say that math has

been the one equalizer, numbers to numbers, it doesn't marginalize or oppress people of color, it is one of the better equalizers out there. >> this is part of the problem; right? when off neutral tool -- when you have a neutral tool but cultures that aren't neutral, to then implicate the tool, ie math which can be used by any culture to do anything. >> here's the problem, here's the problem, they start with the word oppression. they start the phrase that america is not good, and then they fit in the subject to go into those words. >> right >> that's the shame of it. you know, jonathan really said it best, you go to math to learn math. there's so many jobs out there that are just plain old pure math. billionaires have become billionaires because of just plain math, not discussing why, you know, oppression and how bad this country is and two plus two equals four plus whatever zack said before. >> you are right. the whole point here is not to

teach math. it is to talk about the evils of america, the evils of capitalism, how we need more social democracy and wealth. this is just another way to smug until the progressive ideas. -- smuggle in the progressive ideas. it is happening in this public school and happening in public schools across the country. >> we were vaguely in agreement until the last one. i think we can all agree is introducing these questions into math is wrong. having these questions is not the death of civilization as we know it, being able to question america, question values -- >> nobody ever said that. >> the answer is who gets hurt here? it is the kids who don't learn math because they get some sort of bogus assignment about talking about the oppression systems of mathematic ins stead of -- instead of lerng learning how to do calculus. it is going to hurt them and keep them from climbing the ladder of american success and that to me is criminal. >> how about getting your work done in less hours? what's the formula for that? we will get you the details of

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fidelity. >> the results are in, microsoft tried a 4 day workweek in japan in a trial program, called work's life choice challenge, the company closed its offices every friday in month of august giving all employees an extra day off each week, and results showed productivity went up almost 40% compared to same period last year. gary, what -- no, i don't know if i want to know, but what would you do with an extra day off? >> well, every thursday night, there is a bahamas flight to nassau at 9 p.m., i would be heading to atlantis hotel for a bunch of nobu dinners. i am not thrilled with the 4 day thing, there is a lot of competition out there, if you

miss business for that friday, not sure that is great. >> it is an interesting experiment that took place in japan, which has a legitimate representation of people working hard and long hours. so the question is, is this a japan specific productivity boost? you know this difficult y there is striking a work life plans that enhances productivity as opposed to other societies. we'll see. >> well, i think some businesses really could lend themselves to this and accommodate a day when they are closed, a lot of the business can't, like anything to do with the stock market any any kind of retail sales, you will hurt your business. this was a narrow indicator. >> listen to socialists they say, if you follow us you could have free time, thanks to technology. we have that free time. in 1950s people worked 2000 hours a year, now it is about

1700 hours a year, thanks to technology companies like ibm. >> i would like to see how it works in europe, where they work 4 days a week anyway. >> guys, a pleasure. >> elizabeth: president trump heads to lexington, kentucky, for what is sure to be a big rally, we'll take you there live as the commander in chief celebrates the economy. sizzling markets, the dow, s&p 500, the nasdaq, a tr trifecta l hitting new historic highs. is it time for you to get bullish about the u.s.-china trade deal? st one year until 2020 election. the white house now indicating there could be a looming thanksgiving government shut down as democrats now throw poison pills into things like nafta 2.0 trade deal, tonight, newses o