[captitioning made possible by democracy now!] ♪ amy: f from the democratic national convention in philadelphia, this is democracy now! substantiveeal, reform to the criminal justice --tem, we can try to change this case 100 times and cases just like it and we would have the same result. amy: prosecutors in baltimore

have dropped all chaharges agait the polilice officers s connecto the deatath of freddieie gray, o died last yeyear of spinalal injuries a after he was s arresd anand transported d in a polici. we will speak to the mayor of baltimore stephanie rawlings-blake who gaveled in the democratic national convention on monday after the resignation of dnc chair debbie wasserman schultz. plus, we get the latest from inside the convention. >> so, if you agree that there is too much inequality in our economy and too much money in our politics, we all need to be as vocal andnd is orgaganized as persistent as bernie sanders supporters have been. amy: we will speak with nobel prize-winning economist joseph stiglitz, who has advised hillary clinton. and we will speak to sister simone campbell about nuns on the bus. all that and more, coming up. ♪ welcome to democracy now, democracynow.org, this is breaking with convention: war, peace, and the presidency.

i'm amy goodman. baltimore city states attorney marilyn mosby has announced she will drop all charges against the remaining three police officers charged in the death of freddie gray. freddie gray died in april 2015 of spinal injuries after he was arrested and transported in a police van. >> without real, substantive reforms to the current criminal justice system, we could try this case 100 times and cases just like it and we would still end up with the same result. , i have decided not to proceed on the cases against the rest of the cases. as a mother, the decision not to proceed on the remaining trials is agonizing. however, as a chief prosecutors elected by the citizens of baltimore, i must consider the

dismal likelihood of conviction at this point. amy: freddie gray's death set off nationwide protests. kwamis baltimore activist rose. >> well, my thoughts on the verdict, it is evident that marilyn mosby charged these six officers only student -- to stop protests and what the powers that be would the unrest continuing if they did not charge. this was crowd control. rose was convicted on charges related to protesting, --her than convert convicting the officerers. with baltimore

mayor stephanie rawlings blake after headlines. here in philadelphia, the democratic national convention has entered its final day. wednesday night featured primetime speeches by clinton's running mate virginia senator tim kaine and by president obama. ask you to do for hillary clinton what you did for me. i ask you to carry her the same way you carried me. because you are who i was talking about 12 years ago when i talked about hope. it has been you who fueled my docket faith in our future, even when the odds were great, even whenen the roads were long. hope in the face of difficulty, hope in the face of uncertainty, the audacity of hope. amy: as obama spoke, hundreds of people held signs protesting the

tpp. some protesters also unfurled a banner reading "tpp kills democracy." this is california delegate alex white. >> it was made known to the public that there is a death sentence clause that would mean that pharmaceutical companies would have a 20-year monopoly on adications that would cause single medication to cost between $50,000 to $100,000 per year. my wife was diagnosed with a rare form of lung cancer. i have to do it for her and everybody diagnosed with cancer. i don't want to mean any disrespect to president obama, but i've got to stand up for people diagnosed with cancer. when they are fighting for their lives, they should not have to fight for their medications. amy: on tuesday, virginia governor terry mcauliffe told "politico" that he believes

clinton would change her position and support the tpp if elected. we will have more with nobel prize-winning economist joseph stiglitz later in the broadcast. at the dnc wednesday, delegates also disrupted former cia director and defense secretary leon panetta's speech by chanting "no more war." >> no more war! no more war! no more war! >> today -- >> no more war! no more war! the arena eventually turned off the lights on the ororegon delegation where many of the chants were e coming from.m. on the republican side, donald trump called on russia to hack hillary clinton's e-mail. >> russia, if you are listening,

i hope you are able to find the 30,000 e-mails that are missing. i think you willll probably be rewarded mightily by our press. amy: comments come a as u.s.s. intelligence agencies continue to blame russia for the 20,000 leaked dnc e-mails. retired navy rear admiral john huffman said the call to hack clinton's e-mail as criminal intent. meanwhile, donald trump reiterated his calls to defend it nato allies only y if they spenenenough of f their gdp on defense. >> these stupid pepeople, ththey say, we have a treaty. what would happen if russia, somebody attacks? i don't know. have thehey paid? tell m me, have they paid? they haven't paid. they have a treaty, they have to pay. amy: that was donald trump speaking at a rally in scranton, pennsylvania.

his position squarely contradicts that of his running mate, indiana governor mike pence, who told pbs that we will uphold treaty obligations, including the mutual defense agreement that is nato. bill o'reilly has defended his comments that enslaved africans who built the white house were "well fed." he made the comments on tuesday in response to first lady michelle obama's speech at the dnc on monday night. >> i wake up every morning in a house built by slaves. [applause] daughters -- iy watch my daughters, two beautiful, intelligent, black young women playing with their dogs on the white house lawn. amy: that was michelle obama speaking monday night at the dnc. this was bill o'reilly's response. >> slaves that worked there were well fed and had decent lodgings

provided by the government, which stopped hiring slave labor in 1802. the feds did not prove it -- for bit subcontractors. michelle obama is essentially correct in citing slaves asas builders of the white house, but there were others working as well. amy: bill o'reilly's comments sparked widespread outrage, seen as a defense of slavery, but on wednesday, he claimed the statements were just a fact. actually, primary sources contradict his claims. in a letter in 1800, first lady abigail adams described in slaved africans forced to labor on the white house were "halalf saidid and destitute of clothin" the u.s. l labor department says cafeteria workers who have helped feed senators at the backpaywill receive totaling over $1 million.

"workers in the restaurant industry are among the lowest-paid workers in our economy," said david weil, who leads the labor department's wage and hour division. "they shouldn't have to deal with paychecks that don't accurately reflect their hard work." a formrmer guantánamo prisoner o disappeared last year has reappeared in venezuela. abu wa'el dhiab is one of six former guantánamo prisoners who were resettled in uruguay in 2014. a former lawyer for dhiab said the man was very concerned about his wife and three children, and he had hoped to trtravel to turkey to rereunite with them. has sued thekansas department of defense for what it calls an unlawful transport of prisoners from guantanamo to the u.s. the federal prison at fort leavenworth, kansas, is one of three sites the pentagon is considering for possible transfers of some of the remaining 76 prisoners at guanantanamo. kansas submitted a freedom of information act request to the pentagon in december 2015, seeking documents on the surveying of potential sites.

the kansas state attorney general says the request remains unfulfilled. "the guardian" has reported that eastern european countries have quietly approved the discreet sale of more than $1 billion worth of arms to syria in the last five years. the cia and u.s. allies such as saudi arabia, the uae, and qatar have all made use of the pipeline to supply rebels fighting the syrian government. last year, the u.s. purchased millions of dollars worth of weapons from bulgaria to train a now-defunct u.s.-backed militia. some of the weapons have fallen into the hands of al qaeda and isis. the syrian government has also made use of the pipeline to supply its own forces.s. turning now to venezuela, thousands demonstrated on wednesday demanding a recall vote for president nicolas maduro. the national electoral council was expected to announce tuesday whether the opposition had enough signatures to go into the next phase of the recall process. the council has now postponed the announcement until next week. wednesday's march remained peaceful, but there was a heavy

military -- police presence as opposition leader henrique capriles addressed supporters. >> if there is not a solution, anything could happen. this is a very daring jurists -- oneerous situation that no wants. we are asking for a peaceful solution that is in the constitution, but they cannot continue playing with the patience of the people. we want an answer. freed johne has hinckley jr., who attempted to assassinate former president ronald reagan 35 years ago. the now 61-year-old hinckley wounded reagan and three other people outside the washington hilton hotel, and was declared not guilty by reason of insanity. u.s. district judge paul friedman said hinckley no longer posed a danger to himself or others, and will live with his mother upon his release. and those are some of the headlines. this is breaking with convention: war, peace and the presidency. i'm amy goodman. we are broadcacasting fromm

phillylycam. the democratic national convention has entered its final day. hillary clinton will make history when she becomes the first woman to accept a major party presidential nomination. vice president joe biden warned about the dangers of a donald trump presidency. >> no major party nominee in the history of this nation has ever known less or has been less prepared to deal with our national security. [applause] whoe cannot elect a man exploits our fears of isis and other terrorists, who has no plan whatsoever to make us safer. and man who embraces the tactics of our enemies, torture, religious intolerance, you all know. it betrays our values.

amy: he called on the country to reject donald trump's cynicism and fear. >> he is betting that if he scares enough people, he might score just enough votes to win this election. [boeing] -- [booing] >> that is another bet the donald trump will lose. [applause] >> the reason he will lose it is that he is selling the american people short. we are not a fragile people. we are not a frightful people. does not come from some self-declared save your promising that he alone can restore order as long as we do things his way. we don't look to be ruled. [cheering] power comes from those immortal declarations first put to paper right here in

philadelphia all those years ago. we hold these truths to be self-evident, that all men are created equal, that we the people can form a more perfect union. that is who we are. [cheers and applause] >> that is our birthright, the capacity to shape our own destiny. [applause] patriotss what drove to choose revolution o over tierney. ranny. it would give women the courage to reach for the ballot and marchers to cross the bridge and selma and workers to organize and fight for cocollective bargaining and better wages. [applause] >> america has never been about

what one person saysys he willlo fofor us. achievedut what can be by us together. through the hard and slow and sometimes frurustrating, but ultimately enduring work of self-government. amy: that was president obama addrdressing the democratic national convention last night. as we turn now to maryland, where the baltimore state's attorney marilyn mosby has announced she will drop all charges against the remaining three police officers charged in the death h of freddie g gray. frededdie gray dieied in april 5 of spipinal injnjuries after hes arrested and transported in a police van.. four oicicers we on n trial earlier th yeaear, , none were convicted onon any of the e chae ththey faced, which included murder. mosby announced the dropping of the charges on wednesday. >> as the world has witnessed over the past 14 months, the

prosecutution of on-duty policie officers in this country is unsurprisingly rare and blatantly fraught with systemic and inherent complications. unlike with other cases, where prosecutors were closely with the police to investigate what occurred, what we realized early on in this case was that police investigating police, whether they are friends or merely their colleagues, was problematic. there was a reluctance and an obvious bias that was consistently e exemplified, noty the entire baltimore police department, , but by individuals within the baltimore police departrtment at every stage of e investstigation, which became blatantly apparent in the subsequent trials. amy: joining us now is stephanie rawlings blake, the mayor of baltimore and the secretary of the democratic national convention. we welcome you to democracy now!

allt, this breaking news of of the charges being dropped against the remaining officers, which means that none of them will be held accountable for the death of freddie gray. your response. mayor rawlings-blake: i think it is interesting that that is how the question is phrased, that no one is being held accountable. we have a justice system that requires guilt beyond a reasonable doubt, that is if you ,re a police officer, a doctor a person living with substance abuse or disability, everyone has that same entitlement, to be a found guilty beyond reasonable doubt. that is how we find people responsible in the court system. repeatedly, the judge determined that the state's attorney did not have evidence to get anywhere near guilt beyond a reasonable doubt. justicethe process of

-- period. amy: i guess many would say that freddie gray had that choice. mayor rawlings-b-blake: i don''t understand. amy: meaning he died in n police custody. mayor rawlings-blake: and that is why, after taking a look at the facts of the case, taking a look at the information, i reached very promptly and have even taken criticism for it, i reached a settlement with his family because he did die in wanted totody and i bring closure. there are no guarantees of a verdict -- it is never a guarantee in any case. but i knew that for the sake of the family to have closure and for their test for them to be able to move forward in the healing process, that is why we settled the case. amy: what is your message to the community around police accountability? mayor rawlings-blake: the message is that the work to hold the police accountable, to have

more transparency, and to have a better police department was happening before the tragic death of freddie gray and it has been happening subsequently. i think that it is a mistake for anyone, for a prosecutor, for a mayor, for a member of the their hopes that reform happens or accountability happens because a verdict. that is never the case. what happens is the hard work of reform that has been happening under my administration, the department of justice collaborative review, i asked the department of justice to work with us on bridging the gap between the community and the police before the tragic and untimely death of freddie gray. i asked the state legislature to take a look at the law enforcement officers's' bill of rights and refeform that before

the death ofof freddie gray. you saw inhee people that clip, n not one was there trying to get that done. the legislative black caucus would not even hold a vote to see if they would support the law enforcement officers bill of rights reform that i have put forth. now, after the tragic death of freddie gray, everybody wants to be on board with these reforms. to live in a reactionary world sets of all types of discord and disappointment in the community. you have to be proactive and continue to work on a consistent basis. amy: you alslso called for the justice department to open a pattern of practice investigation. mayor rawlings-blake: the department of justice says i have been the most progressivive mayor r they have ever experiend when it comes to fighting for reforms in transparency. amy: have they opened the investigation? mayor rawlings-blake: they are there now and the investigation is almost complete. amy: i want to go back to

baltimore city states attorney marilyn mosby. she said there is an inherent bias as a direct result of one police police themselves. there were individual police officers that were witnesses to the case, you were part of the investigative team. interrogations conducted without asking the most poignant questions, lead detectives and clearly uncooperative and cited a counter investigation to disprove the state's case by not executing search warrants pertaining to text messages among the police officers involved in the case, creating videos to disprove the state's case without our knowledge, creating notes that were drafted after the case was launched to contradict the medical examiner's conclusions. turning these notes over to defense attorneys months prior to turning them over to the state and yet doing it in the middle of trial. whether investigating, interrogating, testifying,

cooperating, or even complying with the state, it'll bore witness to an inherent bias that is a direct result of one police popolice themselves. amy: that is the states attorney . your response. i think itngs-blake: is important to take a look at what the judge said in the case after hearing the evidence. clearf those things were from the evidence that was put in front of the case. if any of those things where the case, that is what you say in a press conference before the trial, before you bring charges. that you canan'tt bring charges because of this inherent bias, because of these things. that is not what happened. what the judge found is that the prosecution withheld evidence, exculpatory evidence, that the prosecution violated rules that required evidence to be withheld from consideration. you cannot have it both ways.s.

the rules have to work on both sides. when that happens, that is when justice happens. profession, iy by understand the very high moral and ethihical and professional standards we have to havave andi also understand as an elected beicial what it means to into and with the integrity of the process and the integrity of the judge and the investigators. you cannot say in a press conference that you did your own independent investigation and that is i you came e to the conclusion and then when it does not work out, say that it was because it was flawed. say that up front. give people the information up front. amy: you have called for the resignation of the former police chief anthony batts. he spoke yesterday and said the state's attorney, marilyn mosby, was immature and incompetent. what is your response to that? mayor rawlings-blake: i don't have a response.

he is a private citizen. he is entitled to his opinion. amy: you mentioned the suit, the settlement you arrived at with the family. baltimore has agreed to pay officer caesar goodson more than $87,000 after he was found not guilty of second-degree murder. the trial has cost the city more than $7 million. that does not include the $6 million settlement with the freddie gray family. can you talk about all the costs of the case? mayor rawlings-blake: you outlined some of them. there would have been more. every time there is a trial, every time to prepare for a verdict, it costs us money. just forhat it cost the criminal portion of the trial. if there were then to be a protracted civil case, as there have been in many jurisdictions, the cost would have gone not significantly more. amy: will you be settling with other of the other officers, giving money to them? mayor rawlings-blake: i would

not and have not given the officers anything that they are not entitled to by law and by contract. to thewanted to go convention now, the democratic convention. you gaveled in the democratic national convention. i want to go to that moment. replacing debbie wasserman schultz. mayor rawlings-blake: i hereby call the 47th quadrennial democratic national convention to order! [cheering] amy: there you were in front of thousands of people, you were not the original person who was going to do this, but that morning before her own delegation, when she was booed after the revelations of the weekend, the 20,000 e-mails that came out showing the dnc working to subvert the bernie sanders

campaign, i don't know if there is another way to say it, talking about raising his religion and saying is it worsre to say h he is a jew or an atheist, that kind of thing, debbie wasserman schultz, that weekend, she resigned. the clinton campaign said she was absolutely going to gavel in the convention, but by monday, they felt the optics were too threatening to the whole convention with people booing her. you had chosen to replace her. what was that moment like? mayor rawlings-blake: when i was notified or when i did it? which moment? amy: that moment when you got up on the stage and how did you feel about the resignation of debbie w wasserman schultz and what the dnc did in taking sides in the primary campaign? mayor rawlings-blake: i think it is clear that it was not the entire dnc, there were members of the staff that exhibited behavior and actions that are

inconsistent with the policies and practices of the dnc. and -- as a national officer, i took a pledge of neutrality and i honor that. there is no one who works for the dnc, rnc, or any independent political organization that does not come to the desk without their own biases and opinions about politics, but as a professional, you are required to leave your personal views at the door and do the work as an evenhanded professional. when it was very clear that that did not happen, the leadership took action n and i ththink that what you saw was a clear effort to be transparent and hold people accountable for what happened. amy: was anyone fired for this? mayor rawlings-blake: this is an ongoing investigation. which started right at the beginning of the convention. no one was hired nor fired in

the days subsequent to that announcement because we have been in the midst of a convention. thatmany were shocked after all this was exposed to that president clinton said -- many said, many were shocked when hillary clinton said, i'm hiring her immediately and said she is a close friend. which confirmed what many people felt is that she was extremely close to hillary clintonon and s doing g that very thing g at the dnc. mayor rawlings-blake: again, there is nobody that comes to that job without their own history, the run relationships, their own opinions, but what was very clear is that the actions of the employees were inconsistent with our policies and their practices and what we believe our moral obligation is to the party. whatever decision the e clinton campaign makes, that is up to

them. as far as the democratic officer , i took that pledge very seriously. i have been in positions, the former governor of our state was a candidate for a bit of time. we run into each other all the time. we have been at events together. i remember specifically going to an event, governor o'malley, i remember thinking that i was going to an event that was just a purely social evevent and finding out that it was a political event and immediately, i said, i cannot participate. i've known him since 1995. i was very influential in getting him elected, my father was influential in getting him elected in 1999.9. and a an affinity relationshship, but i undederstd is a national officer that i have an obligation. that is what all of us have at the dnc. that did not happen. amy: how do you think the

convention is going? mayor rawlings-blake: it is amazing. it is wonderfully produced. athink if you take a look not just the presentations on the stage, but the representation that is in the arena, it is a reflection of the best in our country. unlike what we saw in the republican convention, where finding a person of color was playing "where's waldo?" we have a very diverse group of people from every part of the country. every race, religion, social, economic background. it is a beautiful thing to see. amy: i think there were more african-americans on the stage in the first opening choir then there were delegates and the entire republican national convention. i think the number was 18 fewer african-american delegates at the r rnc than any time in a

century. finally, i wanted to ask you, mayor, you announced in the midst of the uprising after the freddie gray killings that you would not be running again for mayor. why not and what your plans now? mayor rawlings-blake: my plans are not public because i'm very of beingn the work mayor. i made the decision because it was clear to me in the midst of a campaign that was gearing up that i had a choice. i had a choice to uphold the pledge i had to govern or i could campaign. i did not take a pledge to campaign. i'm a person that was raised to believe that public service includes making yourself vul nerable and includes significant sacrifice. one i took fields of office, it did not include a promissory guarantee that i would campaign for another term. what i did commit to was doing the work of being the mayor.

there were 24 4 hours in evevery anand it is clear that are needd to focus on the justice department patterns and practices in making sure we had in place meaningful police , iorm for our community needed to make sure that the city remained calm and did do the work to be sure that the process of these trials from our calmas peaceful and was and that we increased community engagement. that was the work that needed to be done. when it was clear that i could not do both, i made the choice to uphold the pledge that i took. amy: if you could change anything about what you did after the death of freddie gray, what would it be? mayor rawlings-blake: i don't live in that world. we live in a world that does not include hindsight in the sense that you make the decisions that you make in the moment based on your experience, based on your

preparation, based on the information you have at hand. i don't think that there is anything productive about trying to pretend as if you make those decisions with hindsight at the time. amy: i want to thank you for being with us. mayor stephanie rawlings blake is the mayor of baltimore and the secretary of the democratic national committee. cop debbie -- debbie wasserman schultz. when we come back, the e pulitzr prize winning journalist joe stiglitz joins us. stay with us. ♪ [music break]

breaking with convention, war, peace, and the presidency. we are here in philadelphia dnc.ylvania covering the to talk about the economic policies that arere beg put forward. we are joined by joseph stiglitz , a nobel prize-winning economist. let's go first to the delegates who held up a banner that said "tpp killed democracy.

president obama has been pushing through the agreement, which encompasses 12 pacific rim nations and 40% of the world's economy. hillary clinton and donald trump have come out opposing the deal amidst a wave of public protest. earlier this week, virginia governor terry mcauliffe told "politico" that he believes hillary clinton would support the tpp. she was in support of it. there were specific things she wants fixed." speaking t to nbc on wednesdayae clarified his position.. >> there a are things shshe agrs wiwith and things she e does not agagree with. unless there are things she isis happy with, that is she will not support it, plain and simple. amy: one of the major concerns

around the tpp as its anticipated impact on the cost of life-saving medicine. this is california delegate alex white who took part in the protest on the convention floor on wednesday. >> it was made known to the public that there is a death sentence clause that would basically mean that pharmaceutical companies would have a twenty-year monopoly on medications that would cause a single medication to cost anywhere from $50,000 to $100,000 per year. my wife was diagnosed with a rare form of lung cancer three years ago. i have to do it for her and everybody diagnosed with cancer. i don't mean any disrespect to president obama, but i've got to stand up for people with cancer. when they are fighting for their lives, they should not have to fight to afford their medication. will be trade agreement one of the main economic issues

the incoming president will have to address area. for more, we're joined by joe , chief economist for the roosevelt institute, author of numerous books. his later -- latest is "the euro." welcome back. it is great to have you with us. each day on the convention are, hundreds of anti-tpp signs. what is hillary clinton's position on the tpp? mr. stiglitz: she is against it. she is against bringing it to a vote in the lame-duck session. that was part of the obama strategy.

everybody has come out against the lame-duck. i think it is dead for obama's administration. amy: what t will that mean for e next president? mr. stiglitz: it makes it very clear that if there is ever to be a tpp it has to be totally renegotiated. talked to some of our trading partners, they would welcome that. some of the worst provisions were not because our partners demanded it, it was because we demanded it. when i say we, it was the corporate interests that were ,,presented in the negotiations not we t the american people. , i was an early opponent of tpp. it is so heartwarming to see that an issue that i thought raised -- iget think the obama strategy was to

try to push it through when nobody was looking -- to see that it has now become a mainstream issue. this is a real victory for democracy. amy: you said you were an early opponent. hillary clinton was not an early opponent. she said it was the gold standard for trade agreements. pressureden immensely by what has shocked the clinton juggernaut and that is the tremendous popularity of bernie sanders, even if he does not have much corporate media amplification of his views, like donald trump does, and she saw she had to change. you see it on the floor every single day of the convention. mr. stiglitz: i think that's right, but it is more than that. to look attarted what actually emererged from the negotiations. remember, it was all secret. we could only figure out what was coming out of the leaks.

they turned out to be remarkably accurate. as others have looked at that agreement, even the u.s. government, to get an estimate of what would be the trade benefit, what would be the benefit to gdp, negligible. tufts university said it would actually decrease our gdp. benefits have clearly been seen to be negative. the costs, you mentioned it, the cost in terms of access to drugs and, to me, the most important aspect, the dampener on -- isds,n, the eye sds that is the provision that elizabeth warren is really

nailed the tpp on and she is absolutely right. amy: so, what makes you so sure what hillary clinton's stance is? kaine, senator from virginia, as late as thursday was hailing the tpp, but then given the climate, says he is against it. you have terry mcauliffe, , the governor of virginia, who says she is close -- for it. what do you know that he does not know? mr. stiglitz: part of this is that the democratic platform, which is the commitment of the democratic party, came out with a set of principles that any trade agreement, current or past , has to satisfy it. if you look at those principles come of the tpp in its current form does not satisfy it. nafta does not satisfy it.

the need, although they did not make it explicit -- amy: the burning delegates on the platform committee pushed and the clinton campaign pushed hard back and she won. mr. stiglitz: to me, my understanding of that is that they did not want to embarrass president obama. , whatad those principles a trade agreement has to satisfy , it is pretty obvious that tpp does not satisfy it, nafta does not satisfy it. interpretation of the next democratic administration is that they will renegotiate nafta and renegotiate tpp. i talked to some of our tradade partners in nafta, in tpp, and they would welcome that. amy: what does hillary clinton

say privately to you? mr. stiglitz: i have not talked to her particularly on this, but i have talked to the policy team and they are very aware of why there e is such hostility, where tpp went wrong, and that was a wake-up call. we are in favor of growth, trade promotes growth, all that. now that you actually see the -- there is no gdp coming o out of this. amy: what does clinton's selection of tim kaine tell you? mr. stiglitz: i thinknk she is that givesor somebody you credibility with the middle.

she was trying to make a political judgment about what was the best way to win the election. there is one big issue here. the damage that donald trump would inflict on our society if he were elected is enormous. amy: how? mr. stiglitz: anywhere from racism to his economic policies. to me, there is no choice. imperative that hillary wins. ,hen, if i were in a position the question is, what is the best vice president to win consistent with my values? amy: wouldld tim kainene have bn your pick? mr. stiglitz: um, there are some other candidates that i would have looked at. when is one other feature

you start doing the calculations. some of the best candidates are therers from states where is a republican governor and if you appoint the democratic senator, the republican governor can put a next senator in line and holding the senate for the democrats is extraordinarily important. isuess what i would say these are very complicated trade-offs, judgment, the good , ing is that in virginia think tim kaine will be replaced with another democratic senator, so that will not have that negative effect. k kaine, i can tim understand why she would have a lot ofof confidence in him. i do hope he will change his position on tpp.

if he is going to support the democratic platform, he has to change. amy: supported fast-track to push through tpp. mr. stiglitz: i think that was a wrong position. amy: also joining with another or of other center -- a number of other senators fighting regulations on regional banks. mr. stiglitz: again, the issuee is, once you join of the democratic or, i think he is submitted desk committed to supporting -- i think he is committed to joining the democratic platform. the nobele talking to prize-winning economist joseph glitz. we will be back. ♪ [music break]

al "what the world needs now" sung by over 40 broadway singers at the dnc last night.

this is democracy now! we are breaking with convention: war, peace, and the presidency. we are speaking to hillary clinton advisor joseph stiglitz, nobel prize-winning economist, columbia professor. i want to ask a bernie sanders clinton'sed hillary policies. i want to turn first to president obama. >> we all need to be as vocal and is organized and as persistent as bernie sanders' supporters have been during this election. [cheering] >> we all need to get out and vote for democrats up and down the ticket and then hold them accountable until they get the job done.

that's right. feel the bern. amy: wow, there you have president obama saying feel the bern. i think that is something he certainly felt. mr. stiglitz: i think that's right. is a verythe m movement important movement. holding those elected accountable, the sanders people did have an impact on the democratic platform. we are going to have to hold accountable those people, kaine,ng hillary and tim we will have to hold them accountable so that they actually push for that agenda. amy: you advised hillary clinton. whatat is the best way to advise --to hold her accountable? mr. stiglitz: she is a policy wonk. she does respond to arguments.

years,e last couple of i've been trying to make strong arguments about why tpb is bad -- tpp is bad, not only in terms of the trade issues, but access to health, regulation. i've been trying to say, it is not an issue of just dealing with the shadow banking system. it is not an issue of just dealing with the too big to fail banks, the too big to regulate. we've got to do both. sanders took one position. hillary took the other. , these bankseen have done so much damage to our economy, both in terms of the 2008 crisis, but alslso increasg inequality and changing the focus to a short-term perspective. that is one of the issues she has picked up very strongly in a

couple of policy speeches about the dangers of short-termism, the kinds of policy that have led to that sort of short-termism. book calledt in a "rewriting the rules." beginning with the reagan administration, we rewrote the rules of the american economy to promote inequality and short-termism. amy: what most damaged the u.s. economy and generated the most inequality? mr. stiglitz: the single most probably, theg most telling event was the 2008 crisis. one of the things i've emphasized in my work and in rewriting the rules is that there is no single measure.

it is an accumulation of thing after thing after thing. it is the failure to have inclusion, inclusion of african-americans, inclusion of women, because we are almost the only civilized society that does not have family leave, that makes it more difficult for women to be in the labor force. we don't have a law that says, you can't discriminate in wages against women. that is one of the things that hillary has emphasized a lot. that both creates inequality and damages our economy. access to education. amy: you wrote a piece in "vananity fair," titled "donald trump's biggest vulnerability." what is it? mr. stiglitz: the difficulty he is going to have of even getting good republicans to serve.

administration. it is not just one person. tim kaineo say and give a very powerful speech. government does not that way. democratic government is not that way particularly. you need to have hundreds and hundreds of people implementing those policies. different agencies. we are different from other countries, where the president only thepoint not secretary, the deputy secretary, the undersecretary, the assistant secretary, in many cases, the deputy assistant secretary. that is a huge number of people. just in the area of economics, getting people who are good economists, who will work with trump is going to be extraordinary. amy: donald trump has called for getting rid of the wto, the wto.

totally challenging the tpp, mixed message from the democrats. are you concerned d about this d do you think donald trump could win? the polls show he is ahead right now. mr. stiglitz: he could win. it is not just the polls. bush did not get a majority of votes, gore got many more votes than bush, but the way our electoral system works is that you can become the president even with a minority of the. , he does notould even have to win a majority of votes. he could win in the electoral college. yes, i'm very worried. one of the things i've been hasing recently is he already done an enormous amount of damage to the united states. amy: the trump campaign chief

said today that mr. trump has said his taxes are under audit and he will not be releasing them. why dodoes that matter?? mr. stiglitz: it matters because there is a good reason why we suspect that he has not been honest about where his wealth is or what his charitable contributions are or that he has paid a fair share of his taxes. even if they are under audit, he can release the taxes he claims. the irs may say, you are wrong, but you still say, this is what i believed my income was, this is what i believed the taxes that i should have p paid, and that will tell an important message. when mitt romney released his taxes and it became clear he was keeping his money in the cayman islands, not because the cayman islands money grow stronger in the sunshine, but because there , that toldreasons

americans a lot, that he was paying under 15% of his income. as ahis taxes were fraction of his income were much lower than a plumber or some other person whwho was working r a living. something is going on that americans said was unfair. we would like to know, is trump paying his fair share? practices --in brad bad practices in trump university. all kinds of bad practice. we want to know, is he a good citizen? is he paying his fair share of taxes? i think it is very important and that his vice p president releas taxes, as well. amy: we are going to have to leave it there. just a glance, hillary adviser, columbia university professor, nobel prize-winning economist. i will be doing two talks in provincetown hall in massachusetts and saturday, july

30 on martha's vineyard. you can check out the details at democracynow.org. a very happy birthday to rob young. we broadcast here, the whole crew. democracy now is produced by mike burke, nermeen shaikh, carla wills, laura gottesdiener, deena guzder, sam alcoff, robby karran, hany mas

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