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tv   The Cycle  MSNBC  June 3, 2014 12:00pm-1:01pm PDT

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it is tuesday afternoon. cycling now the more we know about america's only p.o.w. from afghanistan the less we understand how was bowe bergdahl captured. how was he rescued and how will he recover? richard engel is in germany. we will speak live to a former navy s.e.a.l. commander. it is another primary tuesday in america. this time all eyes on mississippi. this primary fight has it all, the tea party, the establishment and a race that is neck and neck after a bizarre scandal. we are going to break it all down with our man from all thing's congress. >> and all over the storm cycle this afternoon. 35 million americans are in the path of severe weather right now. flooding rains, damaging winds and a tornado threat all in the
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forecast. we are not out of the woods after today. >> and in the news cycle the pr problem the nfl can't seem to tackle. new concern that the league misled players about the dangers. >> i have to make something crystal clear. we are facing an economic emergency. this hour i will sound the alarm. regardless of the circumstances, whatever those circumstances may turn out to be we still get an american soldier back if he is held in captivity, period. we don't condition that. >> we need to give sergeant bergdahl an opportunity to tell his story and tell us what happened. right now we are focused on bringing him back to the united states. he hasn't even spoken to his family yet. >> sergeant bergdahl is in
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stable condition at the military hospital in germany. doctors say his condition still does require hospitalization. the 28-year-old soldier is communicating with doctors and being assessed by psychologists. eventually bergdahl will be moved to a facility in san antonio, texas. the generation in a lot of ways are only experienced war on terror p.o.w. is through "homeland". he returns as a hero and struggles to adjust back to daily life. >> you okay. the story line shifts to speculation that brody might not be the hero the fictitious u.s. military says he is. clearly bergdahl is not a jihady
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sympathizer looking to assassinate the vice president. many are using "homeland" as a frame. his hometown of hailey, idaho is preparing for homecoming but bergdahl might face a potential court-martial. same say if he is guilty of deserting bergdahl has already suffered enough. when sergeant jenkins defected he was brutally held by the north koreans for 40 years. when released a court-martial sentenced him to 30 days confinement and dishonorable discharge. richard engel is in germany with the latest on the sergeant's condition. >> reporter: here in germany officials seem to be somewhat baffled by the entire situation. this is home to the u.s. military medical facility in europe. this is the place where all
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casualties, serious casualties, people injured in battle in afghanistan and before that in iraq were sent and then transferred from here back to the united states. they are not used to dealing with this kind of political controversy. generally they have very wounded soldiers who come here. often they are treated for long periods of time. this is an odd situation when there is so much intrigue and questions, political questions about was this the proper thing to do to swap the soldier who allegedly walked off his post leaving a combat outpost in the middle of a dangerous situation. so we are not getting a lot of information here. they are keeping bergdahl away from the press. we haven't seen him at all. we have only been given very vague information about his physical and mental health. today the second statement in as many days. it said almost nothing. it said he is in stable condition, that he requires
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hospitalization and they are watching his nutritional needs and eventually he will be repatrioted from here back to the united states and that a doctor will be on board. but from here we are not hearing much else. >> richard engel in germany thank you for the report. retired navy s.e.a.l. thank you for joining us. i want to start where richard left off with questions about the timing of this negotiation and release and also about the details of it, the swap of sergeant bergdahl for five taliban commanders. having been involved in these negotiations what is your view on why now and why this particular deal? >> well, listen, these negotiations can take months and ultimately years.
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i know that just from reading open source and i have no privy to any of the back door behind what is going on here behind bergdahl especially in the recent weeks so this is pure speculation on my part. this is a deal that has been on months on end. i don't think timing is the issue. if it happened next week or next month we have troops in afghanistan for two more years so why are we rushing to get him out now. there has been speculation about his health. that always comes up as a topic. i think the deal just happened when it did. and now they are trying to spin this. i think they want the story to go away. obviously there is a lot more to the story and a lot more unanswered questions. >> indeed. turning to sergeant bergdahl himself and what he has likely been through and what he is likely to go through in the future you said the soldier sought ways while in captivity to bond with his captors and their culture to survive.
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the network said bergdahl developed a love for afghan tee and celebrated christmas and easter with hard line islamists. what do you expect his experience was like and what is he facing on the road to recovery? >> i don't think bergdahl went through survival resistance escape which all specialops which might end up in this situation will go through. you are taught that you need to find common ground with your enemy, you need to build a human face. you are encouraged to do that. i know bergdahl did that. frankly, i know at one point purportedly that he used that ability to build favor with his captors. they let their guard down and he escaped or purportedly escaped for at least 48 hours. so those are all the things that you would want to do. any soldier trained would want to do those types of things.
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part in parcel the key thing is you have to humanize yourself. that is an important step in any situation you need to do that so you are not presented as an object that can be sold or exploited or in many cases, killed. >> we are looking, of course, at the u.s. side of the transfer. on the other side you have five individuals going from guantanamo back to the region. i know you know a lot about this. it strikes me this is a time where we could have a factual discussion about how detention and transfers work. there has been a lot of noise instead of the facts. i want to add facts and get your thoughts. we know under the combined bush and obama administrations we have processed about 600 detainees out of guantanamo and according to the defense department a relatively small fraction and still concerning from a national security perspective ten to 16% or so have been either back on the battlefield or suspected of such. and yet, we also know in many
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other conflicts including world war ii and the biggest wars we have had when we end wars or strike deals or have treaties often we release certain people. we don't end a war by keeping an entire population of captured soldiers in our possession if we can help it. walk us through how that works in your view on the transfers out to qatar. >> listen, we are going to be in there for two more years. why were we giving up the top five taliban in the trade here? i don't know what we got in return. so the timing seems very odd. i don't see the tremendous gain we are getting. why did it need to be publicly announced at the rose garden. negotiations happen. i don't know that we have had
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the commander in chief announce that we have negotiated with terrorists and we made concession. >> this is the network. there is a specific list of ftos. frankly, the taliban wasn't listed. there was hope that if you place them in the terrorist realm and you can't negotiate with them. the reality being that taliban ran in 2001. there is a lot of politics. the definition of a terrorist. beyond that, the timing we gave up five senior commanders of the taliban before we have even left the u.s. troops out. who is to say what is going to happen in a year when these guys have a free passport to head back to the battlefield? odds are one or two out of the five are going to get back in the fight if not all of them. >> unfortunately, we don't have the answers for that. you have talked before about the
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difference between prisoners of war fighting in the vietnam war and korean war compared to what we are experiencing today that the p.o.w.s today. for one, we were fighting against sovereign nations at that point. talk to us a little bit about the differences not just in numbers but also in circumstance. lt. >> again, the circumstance bergdahl found is it is hard to compare to vietnam which is the one p.o.w. situation that is probably most relevant for most americans to go back to. you have a sovereign nation they recognize as brutal as they were held they honor the red cross and were exchanges. from what i understand bergdahl had four, maybe five videos released in five years. i understand one letter was received through a package or a letter from the family. very different situation.
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as much as he did everything to quote it sounds like he was having a good time with the taliban the reality is on multiple occasions -- and i watched the videos. they could take bergdahl up and change their decision in one day and he would be executed. the decision to do that happened very frequently and very capriciously. that is what you are dealing with. >> commander bergdahl seems to have left because he was disillusioned with america and the army. of course, we should get him back. the price was quite high in this situation as one soldier in the same battalion says the searches for him derailed the counter insurgency operations. the war was already absurd. the hunt for bergdahl was more infuriating because it was the result of a kid doing something unnecessary. six men died in the search for
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him. how do you feel about men dying for someone who walked away because he was disillusioned with the army that had to go save him? >> well, listen, i am a soldier. i served multiple tours back and fourth between iraq and afghanistan. i know exactly where the anger is coming for from within the unit itself and many of my peers, frankly. bergdahl is going to be held to answer for those actions. he is going to -- that is part of what he is going through right now. he will have more than survivors' guilt when it is all said and done. this whole process -- it needs to take its due course. that is part of what is happening right now and why mr. richard engel eluded there is not a lot going out. they are going through the medical review and debriefing bergdahl and finding out what happened. there are still unanswered
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questions that remain to be brought out. only bergdahl can answer those. >> thank you so much. up next big super tuesday matchups across the country today and this is msnbc, the place for politics. we have it all covered as the cycle rolls on for tuesday, june 3. when it comes to good nutrition...i'm no expert. that would be my daughter -- hi dad. she's a dietitian. and back when i wasn't eating right, she got me drinking boost. it's got a great taste, and it helps give me the nutrition i was missing. helping me stay more like me. [ female announcer ] boost complete nutritional drink has 26 essential vitamins and minerals, including calcium and vitamin d to support strong bones and 10 grams of protein to help maintain muscle. all with a delicious taste. grandpa! [ female announcer ] stay strong, stay active with boost. grandpa! here you go. good catch! alright, now for the best part. ooh, let's get those in the bowl. these are way too good to waste, right? share what you love with who you love. kellogg's frosted flakes®
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tonight it is time for the fight everyone has been waiting for, the melee in mississippi, the republican senate primary. u.s. senator thad cochran versus
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state senator mcdaniel. cochran is a six-time senator. perhaps most interesting conservative rating is 88% making him among one of the more right leaning of the u.s. senate and facing a tough challenge from the tea party backed mcdaniel. can the tea party finally score a big victory in 2014 or will the brand name establishment republican pull out a win. let's bring it to jake sherman who covers politics for politico and whose bio says he listens to the grateful dead and fish. that is a problem for another day. >> obviously cochran has been in washington for a long time. that kind of is the issue. he is not a liberal. he is not really a rhino most republicans say but the bad scenario for cochran, the worst
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case scenario for him will be if this goes into a three-week runoff. either candidate has to get above 50%, a three week runoff against a guy who is literally almost half your age could be a problem. outside groups are going to play a huge part because both of these men don't have much money left. they are spending a lot of money. a three-week runoff would really test cochran in a major way. >> that is the last thing anyone wants in politics is a three-way race. if the tea party does not win tonight in mississippi it is possible they won't have a big victory for the rest of the primary season. if you look at the picture they have done pretty poorly overall especially compared to 2010 when they did sweep the house. you can say the tea party just put forward a really bad candidate. the tea party isn't dead. aren't we seeing a trend here? >> i think we are seeing as my
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old colleague put it today in the "new york times" you see the evolution of the republican party, these inner party fights are becoming more prominent and seeing the establishment which people forget they have the network and money and name recognition. these are huge advantages in a primary race. and the argument against cochran is that he has been here a long time. a lot of people have voted for him. you are talking about three decades. >> longer than we have been alive. >> and exactly. he has brought a lot to the state. he is not stepping away from that. he is an appropriator. he spends the money on capitol hill. so he has done a lot. there is a lot of things he can say i brought this to the state. i did this for you. i did this for your family. those are huge advantages. and you are right. this is a disappointing primary season for the tea party. as you see they are making the establishment, a lot of sitting senators spend a lot of money, a lot of time and energy saying things in primaries that in some
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states might be problematic in the general election. >> and a lot of that goes to the tea party saying these people are insufficiently conservative or don't challenge president obama enough. whereas some of the establishment folks you are talking about say this has become an issue about tone or anger. abby huntsman and i often talk about politics in terms of tu-pac. i am runded of the song i ain't mad at you. cochran is a conservative he's just not mad about it. that anger is weakness that the tea party is the weaker side of the equation. >> what do you think of tupac. >> kr think they have never been mentioned in the same sentence. i think we just created history on "the cycle." this race has gotten nasty. and the tone and not only the
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tone from mcdaniels but also the tone from across the board. four of his supporters were arrested after they allegedly took a photo of cochran's wife in a nursing home. these have nothing to do with how conservative you are. these are just bizarre incidents that haven't played to his advantage. and i think cochran to my colleague in mississippi said the campaign has gotten nasty. i don't have to mention him. he is getting himself all of the publicity that he needs. so it has been nasty but cochran has kind of played up the gentile southern gentleman who has been in washington for a long time. >> across the country in california voters are also going to the polls. in a lot of ways lower stakes there. republicans do have an interesting race going on there to be governor jerry brown's opponent in the fall, the two top contenders are tim donelly
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who is a very controversial tea party type, compared the president to hitler and then neel kashkari republicans really don't want donelly to have to be on the ticket and hear from him between now and then. >> that's right. california republicans i have spent a lot of time in california reporting on the republican party. they are a party in shambles. it is less of a statewide party than interest group. there are in about 25% of the voting population. wr you have republicans in districts with huge hispanic populations and donelly is an immigration hard liner. they are going to be running in the primaries. the top two people run against each other in november. it is a bad scenario to have it
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on the ticket. california republicans are different than the national party when it comes to immigration policy. it is worth saying that whoever wins the primary is certainly going to lose by huge margins to jerry brown in november. >> i'm sure tupac is giggling about the two of you talking about him. should those who make more pay more when they are speeding? where the rules of the road are changing. we are putting the storm in storm cycle. we are talking baseball sized hail, tornado threat and thunderstorms moving to big cities of the northeast. i will tell you what you need to know after the break # [ male announcer ] at oral-b, we take pride because we believe in building something... something to better someone. to better you. to better america.
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trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. . we are back now and you are in the news cycle. in a late development lawyers for dan marino said he is not part of a conclusion related lawsuit against the national football league. they are disputing a report claiming he signed on with 14
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other former players and nearly 5,000 who alleged the league misled players about the long-term dangers. the issue has been back in the news with president obama speaking about the hits he took as a kid while playing on the field. and the cable is out in san francisco. don't panic. everybody can still watch "the cycle." the famous cable cars are out of service for a second straight day because of a transit strike. union representatives continue to battle the city to find a balance between pay raises for workers and how much the workers should have to contribute to currently unfunded pension obligations. the forecast is getting brighter now that old man winter has blown out of town. on wall street today investors seem to be taking a breather after all-time highs for the dow and s&p on monday. it is not winter weather but summer storms today. a lot of them. we are tracking one really nasty
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supercell thunderstorm in northern nebraska. this has a history of dropping baseball sized hail. winds over 80 miles per hour and a ton of lightning. now a tornado watch is in effect until 7:00 for portions of nebraska and iowa and omaha. this can become a cluster of thunderstorms delivering wide spread wind damage. a large area of real estate under that threat for severe weather later on today into tonight. over 3 million people in that moderate risk. we can see the potential developing on future cast. you can see individual thunderstorms become a cluster, kind of like a monster thunderstorm. wind damage wide spread over hundreds of miles. this could continue through the overnight hours crossing iowa into illinois and may last into tomorrow morning. this is going to be a rough night ahead for many people across the plains. to the northeast we have been enjoying heat and humidity.
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thunderstorms closing in now. upstate new york, albany and new york city. by the way today we hit a temperature of 87 degrees so far. it was the warmest day in new york city in over nine months. the last time it was this warm was way back in september of last year. tomorrow we don't get a break for the severe weather in the ohio valley, tennessee valley. another day with possible isolated tornadoes. the humidity has gone to 79 degrees and 60s. a lot going on in the weather world. back to you guys. here is a big talker we came across this morning. it has happened to a lot of people. you are driving along and maybe going a little over the speed limit and then suddenly -- that's a cop car pulling you over for going too fast. the next time this happens to
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you be thankful you are not getting a ticket in finland. they have a unique way of pricing traffic violations. not only does the cost depend on the severity of the offense but the driver's income is factored in. a swedish multimillionaire was fined $130,000 for traveling 48 in a 30 miles per hour zone. that same offense would have cost about $600 in his native sweden. when people go to jail time seems like an equal punishment across the board. fines favor the rich whether designed to or not. does this system make things more fair? let's spin. >> it's the dumbest idea ever. >> why is that? >> we have this system in place. we have especially wealthy people saying i am going to
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speed because if i get a ticket -- >> we do have people saying that without a doubt. without a doubt -- >> the price of parking. >> david letterman has talked about that in his speeding back. the whole point of a fine is to deter behavior. >> we have that in place. we already have a system in place that is a disincentive for people to speed. there is a fine but a point system. if you rack up the points you get your license taken away. >> it takes a lot of points to get your license taken away. your insurance would go up and the amount of money that it would take for it to be a disincentive for a rich person is more. these tiny fines of $300 for a speeding ticket if you are rich it doesn't matter. if you are rich you laugh at that fine. you laugh in the face of that fine. >> we are going to the argument of progressive taxation, that we exist in a community and improved by the community and
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able to become rich because of the community, because of workers who go to public school. so if you are wealthy you should pay more into the community. >> how would you define that fine? how much is too much? how much is too little? >> i am going to engage with your question about the fact that we have points on your license and you can lose your license and insurance costs go up. even that is much more disproportionately on the poor. if you are a wealthy person you can get a driver. you have other options. if you are a poor person trying to get to work and your license is suspended that falls harder on you. i think this system would be politically impossible in the u.s. in terms of fairness it is way more fair. it would be a much more equitable penalty if there was a sliding scale. >> since we are thinking big and the fins are a big inspiration
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to "the cycle." we know that. we do this segment every tuesday. >> it is finish tuesday. >> but another way to look at it if we are thinking creatively and what to learn from this, i would say you could chuck the fines all together and say let's have community service requirements that everybody has to do so it is not jail. you do three hours at the community center picking up trash. if your driver is speeding to get you someplace not your driver, you as the agent in charge get out and pick up some of the trash even in this -- >> in switzerland a multimillionaire was speeding and got a million dollar fine. i love it. >> i hate it. >> finland. it's what's for dinner. >> no. no. up next a bill in the house on a different topic. legal prostitution that could
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♪ let's close the gap hoall we do is go out to dinner. that's it? i mean, he picks up the tab every time, which is great...what? he's using you. he probably has a citi thankyou card and gets 2x the points at restaurants. so he's just racking up points with me. some people... ugh! no, i've got it. the citi thankyou preferred card. now earn 2x the points on dining out and entertainment, with no annual fee. to apply, go to citi.com/thankyoucards i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you.
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that's health in numbers. unitedhealthcare. the senate is back in session today. don't worry, the house is out on recess for the week. but there is one bill out there already making waves for when they return. it's a bill introduced by illinois republican congressman and the goal to combat the global epidemic of sex trafficking, an issue the house has already been moving on. this proposal is based on the idea that legal prostitution leads to an increase of sex trafficking and would make prostitution policies a factor in access. the link can cause major headaches. germany has legalized prostitution. we welcome back to the show betsy woodruff.
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you recently wrote about this. i want to point out in the piece exposing sex trafficking is not a controversial thing. this new bill in the house could make it a little more controversial. tell us more about this. >> i think what is most interesting about this bill is the premise that it is based on and that premise is that there is a connection, a causal link between prostitution and sex trafficking. that is something you heard talked about during the bush administration. under the obama administration we haven't heard this message as much. when this bill is put forward it brings the question back into the national debate. what are we talking about when we talk about sex trafficking? >> in the bill it has three tiers. the top one has nations that are combatting sex trafficking. the best and the third is the worst. what kr find interesting is that two of the countries mentioned have legalized prostitution.
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so, in a sense that hits back on the argument that legalized prostitution leads to sex trafficking. one of the countries is germany. that seems like it would be problematic given that germany is one of our strongest allies. >> what is interesting is that germany's prostitution policy has been controversial. the new coalition is looking to change the policy to be more similar to sweden. the contrast is important especially for advocates of the bill. in sweden while it is legal to provide sexwork it is illegal to buy sexwork. it is legal to be a prostitute but not legal to be a john. the government has emphasized as what they see is great success. the government says they see sex trafficking going down and prostitution going down and germany has very liberal laws on prostitution. essentially it is used as an
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example where legal prostitution has fostered the shadow exploiter economy. >> help us understand the link here, the idea that if you have legal prostitution it is more difficult for law enforcement to distinguish between those who are in the work as a professional choice and those in the work against their own will and being trafficked. >> the link that advocates of the policy draw is you have a lot of brothels. if you make it harder for law enforcement to prosecute people seeking out to purchase sex then it is a lot easier for pimps and exploitive people to take advantage of immigrant women who might not speak the language well and young women who may not have the same access to protection. as a result what looks like a legal business can be a front for an illegal and ugly business. >> some argue that legalalizing prostitution would be a good
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idea and empowering sex workers to use law enforcement against those who are violent toward them. do you speak to anybody who has spoke from the legalization perspective? >> it is tricky. the cases that people make are often made based on laws in other countries and the data is a little tricky. in theory there is absolutely an argument that legalized prostitution results in better access to legal protections. in practice the data from germany doesn't indicate that. i haven't seen data that they have more sex trade laws that indicate something that counters data. prostitution is legal in a number of countries globally. in my research i had trouble finding anything indicating that legal prostitution is tied to better outcome for sex workers. it also depends on the policies you have. you compare sweden to germany to parts of australia to even counties in the united states and nevada.
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what legal prostitution looks like can vary dramatically. >> thanks for breaking it down. up next what really happens in a relationship when a woman earns more. the surprising survey results are next. nothing feels cleaner. its helioplex formula provides unbeatable uva uvb protection to help prevent early skin aging and skin cancer. all with the cleanest feel. you won't believe you're wearing such powerful sun protection. it's the best for your skin. ultra sheer®. and for on-the-go, new ultra-sheer face & body stick. from neutrogena®. still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. [ girl ] my mom, she makes underwater fans
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the old household gender rules like black and white tv are a thing of the past. in the days of ozzie and harriet
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the husband made the money while the wife took care of the home. today more women are making more than their husbands do. that means who and how the finances are handled is changing. money magazine surveyed more than 1,000 married couples and found fascinating findings in their cover story richer together. joining us now is donna rhizoto. one of the things that jumped out at me is we heard a lot about the challenges for a relationship of the wife earning as much as or more than the man. you actually debunk some of the thinking around that. one of the stats that jumped out at me was specifically around the sex life of female bread winner couples. 51% say if they have a female bread winner earning roughly the same or more that romantic encounters were hot or very good
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versus 43%. so female bread winner households are having better sex. >> men are the happiest when they are married to someone earning as much or more and have more satisfaction. overall where both are the same so it is satisfied. i think as traditional gender roles are fading you are seeing the conventional wisdom that men feel emas cuilated by not being the biggest earner in the relationship. that is not true. people expect their spouses to work. men don't have a problem with women working. and then during the recession the recession really hurt men a lot in terms of job security particularly early on. that is a lot of pressure if you are the only bread winner. of course, men are happy if married to someone who earns more. >> that was the best question ever. a large portion of couples argue about spending within the
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relationship. even the homes that would be easier to deal with if everyone was honest about spending. men and women both can be secret shoppers. i believe you found 22% are secret shoppers. how do you deal with the conversation around finances when one of the spouses is a secret hshopper? >> that is a nice way to say it. people are lying or omitting information when they buy something and not saying what it costs. 70% of couples do argue about money. most of the attention is about frivolous spending. so a way to have a solution that you should save money together but an easy way together is a separate account each for a wish list that you don't want your spouse to worry about. keep a separate account for fun money. >> it seems strange for me to have a separate account from my wife. shouldn't we be doing everything together? >> no.
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marital happiness you want to save together for the big stuff and important things and have a joint account. separate money then you don't have to worry about what your spouse spent on shoes or he spent on gadgets. >> i grew up where everything was shared. talking about the secret shopper my mom would often times bring in shopping bags and say hide this from dad. >> now you have to hide this show from dad. >> i still go home and see shopping bags hidden under the bed or in the corner. i'm like mom at some point you have to communicate. my husband and i are completely open and honest about our spending habits. so i know if i go out to buy the dress he will see it. it makes it so i don't want to buy anything. it just is always on my mind. so going back to spending as the number one issue for so many couples you talk about this. it is more of an issue than even
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budgeting or credit card issues. what advice do you have for overcoming some of these problems? >> you have to think about working together. one of the interesting things we found is that the more a woman earns the more involved she is in the finances and financial activities, retirement, planning, investing, but also spending and keeping the budget. both people need to be involved. i think when both people are involved they can work together and it becomes less of an issue. i believe in separate account things for fun money. it doesn't mean you won't ever tell but then it takes the pressure off. as each person earns their own money it's fine not to compare everything. it doesn't mean they don't know you are spending. >> the flip side of what we were talking about earlier where they feel less stress and happier. the women it is a different story. they're feeling a bit burdened when they are in the bread winner role. >> we found the higher earning women were actually more stressed and a little less happy
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in their marriages. and it makes a lot of sense. you are taking on, as i mention as women earn more they become more involved in the financial decision making and it is great because you should always be more knowledgeable but another thing to add to your to do list. >> the sex life is good at least. >> there is an offset there. >> there are still more chores falling on the woman typically in a household. >> one of the things we say of course you want to spend your time on important financial decisions. outsource some of the other things. get prepared food for home. if you don't have a house cleaner, take things off the plate. women, it is good for both partners to know what is going on with their finances. but particularly for women because women tend to outlive men and are more vulnerable if there is like a divorce. if you are in charge of the money you will be a lot better off. >> you will be more prepared for the future. we will continue this
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conversation after the show. be sure to check out the crystal continued extended interview. up next, a strategist tells rich people how to make money off inequality. i have something to say on that. that is next. if i can impart one lesson to a new business owner, it would be one thing i've learned is my philosophy is real simple american express open forum is an on-line community, that helps our members connect and share ideas to make smart business decisions. if you mess up, fess up.
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off of plutonomy. urged investors to buy stocks, binge on bling and provided a definition of bling in case anyone was in doubt. according to citi bling is the imaginary sound light makes when it hits a diamond and societies demanding a more equitable chair of welt. he is back one financial crash later at bank of america merrill lynch and has a new memo in a new research report responding to professor thomas piketty's best seller kapur wants people to know things like --
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and the road to becoming an emerging market pluton omist. if piketty is right expect more political polarization inport of the idea the authors point to rise of extreme parties in europe and to this chart showing the tight link between the rise of the top one percent in america and the rise to pol polarizati polarization. the inequality we created so-called free trade deals and tax cuts for the rich is not only screwing over working and middle class people, it is screwing over our political system. as our political system cracks and breaks it becomes near impossible to turn back tides of inequality. it is a vicious cycle. inequality rises and political
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grid lock rises. looking at this chart with political polarization and inequality both near historic highs it is clear to me that this is an emergency. the longer we wait to act to level the economic playing field and heal our broken democracy the more difficult it will be. bank of america has their survival guide for the one percent while here is the survival guide for the 99%, do something. we need to take urgent action now. while a rising tide is lifting yachts your house is under water. fortunately, i think i know someone who can help. >> here in america we, the people, get to decide what the rules are. so i get how hard this is. this is about concentrated money and power on one side. but it is about our values, our voices and our votes on our side. i believe we can fight back. i believe we can win. i believe it.
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thank you. >> and i believe it, too. that does it for "the cycle." "now with alex wagner" starts now. a yellow ribbon moment grows increasingly tattered. it is june 3, tuesday and this is "now". we don't leave our men or women in uniform behind. >> serious questions are being raised about the capture and release of army sergeant bowe bergdahl. >> why did the white house do it? >> the u.s. law. >> representative shift. >> you do not negotiate with terrorists. >> would you have brought him home? >> not under these circumstances. >> a major shift. >> yesterday the talking point was sergeant bergdahl served with honor and distinction. that is gone. >> nbc has learned the army is gearing up for