with xerox, you're ready for real business. good morning. i'm richard lui. happy labor day to all of you. happening right now on msnbc, labor day washout. heavy thunderstorms, severe flooding wreaking havoc across the midwest. in the east, a confirmed tornado in massachusetts. nbc meteorologist bill karins tracking that for us. targeting isis. as new air strikes ramp up against strong holds in iraq, the pressure builds at home for president obama to do more to confront the isis threat in syria. back on track. just three weeks after striking and killing a fellow driver, nascar superstar tony stewart returns to racing but it all comes to a dramatic and disappointing end. we're going to start here with that weather alert. another round of severe thunderstorms hitting just in time to plague drivers and tie up air travel this labor day. in kansas, hail the size of giant stones slamming into cars and roadways, blinding rain and

damaging winds went along with all of that. you can expect to see more of that as the day goes on, even possible tornados across the plains and midwest. one tornado was confirmed already in worcester, massachusetts. and in new york, rain falling so fast and furious yesterday drivers were caught in flash floods. the storm system virtually turned the northeast into a steam bath. humidity levels extremely high and you know what that means, more, more rain and more, more bill karins. i guess that might be the silver lining is we get to talk to bill karins. >> yeah, we don't like any bad weather, especially on a holiday weekend. we expect in september, especially the beginning of september, we're going to get thunderstorm, the lightning and the danger and also deal with torrential rain. what you don't expect is tornados in massachusetts. i mean worcester, mass, is known for their major winter storm total, not tornados. but they did have a little one go through last night. today we're turning our focus back to the midwest. this morning we had a 50-mile-per-hour wind gust in

the job lynn area. now we have new storms developing just here north. this is the area of greatest concern later in the day. so far there's not a lot of action in the east. we will see the rain popping up this afternoon. we've got the humidity. you step outside and it slaps you in the face from florida all the way up to new england. a very humid air mass pretty much everywhere east of the mississippi river. as far as the severe weather goes, a weak storm system near missouri is going to try to track up to wisconsin. along that front is where the severe weather will be today so this area of yellow, we call this our slight risk of severe weather, there's 40 million people within this yellow shading that's at risk of high winds. that will be the most common theme. there will be some large hail. if we're going to get any tornados today, most likely they will occur from joplin to springfield to wichita. i'd be surprised if we had four or five tornados reported today. hopefully they're out over farmers' fields and nowhere near towns but that is a possibility. so here's your labor day forecast. it's a steam bath out there with those afternoon storms, richard.

you know, it's like midsummer weather at the end of summer. >> steam bath is good for the skin, i guess. >> is that your silver lining? that's a stretch. >> i don't know. bill karins will join us a little later again. thanks, bill. president obama's decision to launch air strikes over iraq paying dividends for troops battling isis on the ground. iraqi soldiers working with kurdish forces and shia militia members pushed isis out of a town north of baghdad. a new round of air strikes were a key component in that offensive. but the president is hearing criticism on his strategy from high-ranking republicans and a few prominent democrats as well. >> i think i've learned one thing about this president, and that is he's very cautious. maybe in this instance too cautious. i do know that the military, i know that the state department, i know that others have been putting plans together and so hopefully those plans will coalesce into a strategy.

>> nbc's senior white house correspondent chris jansing joins us right now. chris, it seems like the president may be stuck in the middle of these when it comes to the sunday shows. has there been any reaction so far to a high-ranking democrat, talking about dianne feinstein there, calling the president too cautious? >> reporter: look, richard, this is not a president that apologizes for being cautious. in fact he believes he was elected because the previous administration wasn't cautious enough in going into iraq in the first place. having said that, the pressure is definitely building. there were those two warnings from the leaders of both the house and senate intelligence committees that the threat posed by isis has to be dealt with quickly. as you heard dianne feinstein suggesting that there is too much caution here. the time to move is now. now, one of the concerns that's fueling this kind of criticism is that americans and other westerners have gone to syria to join isis. thousands of people with passports who could then freely return and launch attacks here. while no one is saying that there is a specific threat, there is a potential threat great enough that in britain

today the parliament is considering ways to make it easier to seize the passports of people believed to be isis sympathizers. that, of course, in response to the video showing the killing of american journalist james foley. now, in addition over the weekend french officials announced the arrest of a 16-year-old girl. she was suspected of trying to reach syria to fight alongside islamic militants. u.s. officials say they don't have exact estimates but they think somewhere between 70 and 100 americans may have joined the ranks of isis and other extremist groups. richard. >> chris, you were mentioning other westerners, that means europeans, at least has been discussed so far. when we look ahead about what the president will be doing at the upcoming nato summit, how much time is he going to be discussing this issue? he's trying to get the allies on board to this broader syria strategy that they may be cobbling together. >> reporter: that's right. i think there are two main topics there. one is isis, what to do about that. will the president make the decision to go into syria. can he get these other nations

on board. the same kind of strategy in dealing with ukraine. one of the things you heard from some members of congress on the talk shows yesterday again is that they see that what russia is doing now as an invasion, although we have not heard those words from here at the white house. and so this really is an important time for meetings to see how much support they can get and to that end he is bringing along secretary of state john kerry and the secretary of defense as well, chuck hagel. he leaves tomorrow after today being in milwaukee for a few remarks that he'll be giving at a labor day event. richard. >> senior white house correspondent, nbc's chris jansing. thank you so much for that, chris. colonel jack jacobs is a medal of honor resip yengt and the author of "if not now, when, duty and sacrifice in america's time of need." he joins us here in studio to follow on what chris was reporting. we're looking at what the president may or may not be doing as we look to the next week, maybe bringing in more nato support and that has been pretty consistent.

when we were reading some of the commentaries in "the new york times" both from senators mccain and graham as well as secretary of state john kerry, they say we need to bring more together. but let me drill down about one of the suggestions that was made in one of hose op-eds and that's senators mccain and graham. they're suggesting here afghanistan 2001 type of approach, limited numbers of advisers helping local forces with air strikes and military aid. how effective would that be? i'll pulling directly from that op-ed. >> in the short term pretty effective, recognizing that it takes a long time with even the best advisers in the world to get indigenous forces up to speed to be able to take care of themselves. we've got proof of that in both iraq and afghanistan. we were there for a long period of time with an advisory effort and they still can't handle it themselves. what's really going to be required are conventional troops on the ground which air strikes support. it's not enough to drop bombs on people, it's got to be in aid of some, a, long-term strategy and,

b, a midterm tactical plan in order to retake land that's been taken by isis and hold on to it. taking it actually is easier than holding on to it. holding on to it takes a lot longer and a lot more effort. >> as history has proven. so why point to the afghanistan 2001 plan if you're saying it has had mixed results when it's been applied in other situations? >> well, i think because politically that's all they can suggest. there's not a lot of political support to do anything that takes a long period of time. you know, it was not all that long ago when general mcchrystal after he left says, hey, folks, if you want an effort in southeast asia and you want it to be successful, you have to be there for decades. nobody liked that noise so it's going to take a long time. you can drive these guys out of iraq, but you're going to have to stay there a long time to make sure they don't come back. >> let's go to secretary kerry and his op-ed in "the new york times" and he suggested this in his writing. he wants military assistance, direct and indirect, from

multiple countries. what would that all entail here? that's a lot. >> a lot of people beside us. >> direct and indirect. >> well, we can't -- it's going to require somebody, maybe us, to deliver the goods, arms, ammunition, all kinds of supplies, all classes of supplies, to those who would fight isis. but it's also going to take assistance by people other than us. think about it for a second. we're at risk, to be sure, but people in europe are really at risk. chris herself talked about the fact that when borders don't exist, as they don't in the e.u., people can come and go as they please. take a look at the middle east. there are lots of folks who have a great deal of interest who actually have a dog in the fight. turkey, for example, saudi arabia. you don't hear anything from those folks. but it's going to take a coalition of them whom we're going to assist to get isis out of the area. >> coalition of the willing, as is often said, and who would be willing and who would lead this

group of the willing. is there a point where you have too much? low gistically, you being a military man, that doesn't mean more ease. >> somebody is going to have to control the whole thing which means you need a genuine coalition with somebody at the head and the united states does not have the political will to do that. certainly it doesn't if you listen to politicians on both ends of pennsylvania avenue. i'm not so certain that the will doesn't exist among the american population to actually do something and you may in fact get a lot of noise from the american population saying you better do something before we're a target. but i'm talking about the leaders in the region, the 800-pound gorillas. turkey, what about them? how about saudi arabia? one of them will have to lead a coalition to make it happen. a quick note, in the next hour british prime minister david cameron expected to discuss isis and his country's security, this after raising the united kingdom's threat level to its highest point in five years. you can watch those remarks live

here on msnbc. just days after the nfl lays out a tough, new policy against domestic violence, ray mcdonald becomes the first player to put the new rules to the test. and land grab. the u.s. condemns israel's plan to seize 1,000 acres in the occupied west bank, the biggest in three decades. how could this complicate the open-ended cease-fire still holding with hamas? staying active can ease arthritis symptoms but if you have arthritis, this can be difficult. prescription celebrex can help relieve arthritis pain, so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam

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san francisco 49er ray mcdonald is out on bail this morning after being arrested sunday on felony domestic violence charges. the 29-year-old was taken into custody after san jose police responded to a domestic incident call in a residential neighborhood. mcdonald was later released and posted a $25,000 bail. last week nfl commissioner roger goodell announced new tougher

penalties for players accused of domestic violence for the first offense, a mandatory six-game suspension. the second offense banishment from the league with the possibility to petition for reinstatement after a year. for the first time in three weeks, nascar driver tony stewart returned to the racetrack last night, his first race since he struck and killed fellow driver kevin ward jr. gabe gutierrez is live at atlanta motor speedway with a look at stewart's return. hey, gabe. >> reporter: hi, richard, good morning. well, stewart started out the race pretty well but ended up slamming into the wall along this track twice. he finished 41st of 43 drivers, barely making it halfway through the race. >> whoa, into the wall! stewart looked like with some contact and kyle busch. >> reporter: overnight sparks flew as tony stewart was knocked off track. >> now completely derailed. >> reporter: the nascar legend telling his team. >> sorry, guys, you deserve better than this. >> reporter: we were there as he

left his garage, his heavily damaged car beyond repair. >> disappointed that he couldn't finish the race but i think in the context of everything that's gone on and everything that he's dealing with, it was a race that he wasn't able to finish. >> reporter: it was stewart's first race since he struck and killed a fellow driver, kevin ward jr., at a dirt track in upstate new york three weeks ago. ward had climbed out of his car and stepped onto the track. a fan captured the collision on camera and posted it on youtube. >> this has been one of the toughest tragedies i've ever had to deal with. >> reporter: stewart spoke publicly about it for the first time on friday. the sheriff says the crash investigation will take at least two more weeks. online some critics wabashed stewart for returning so soon. one person tweeting can't believe tony is being allowed to drive. rest in peace, kevin ward. but many fans here are standing by him. even as his return ended with a torn-up tire, a long gulp of water and a 41st place finish.

>> we were upset. we were hoping he'd get a good race back his first race back. >> i'm sure he wanted to make a good comeback, but that's a tough way to go out. >> reporter: stewart's team is already looking toward next week. stewart would need to win next week's race in richmond, virginia, to even have a shot at the championship, richard. >> all right, thanks so much, gabe. nbc's gabe gutierrez for us live in atlanta. it's the first day of september, a month synonymous with back to school. up next, a look at tough suspension policies across the country. why zero tolerance could have a negative outcome for minority students. plus a test for the ebola vaccine. we'll talk with a doctor about the latest in the fight against the deadly outbreak. would happ. if energy could come from anything? or if power could go anywhere? or if light could seek out the dark?

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radio. it was taken in response to the kidnapping and killing of three jewish teens by hamas militants in june. russian president vladimir putin is calling for talks between the ukrainian government and pro-russian separatists that include the notion of statehood. he made those comments in an interview sunday with russian state tv. this coming as a new round of talks begins today in belarus to ease the crisis in ukraine. and the clashes between anti-government protesters and police continues today in pakistan. opposition leaders are demanding the resignation of the prime minister saying his party won the election by stuffing ballot boxes. earlier today soldiers moved in and removed protesters from a tv station. three were killed and hundreds more injured in protests on saturday. a new education debate brewing in washington over school suspensions. and who is getting suspended and why. a 2012 department of education report found some startling statistics. black students represent 18% of

preschool enrollment, but among students who have been suspended once, 42% are black. so what can be done to lessen suspensions and attribute them equally. joining me now is dan cardinolli, president of communities in schools. dan, is it the kids or is it the system? >> well, it's both. kids are kids and they test boundaries. we have been working for 35 years. if you have a set of resources and it's child centric, you ask what a kid needs, what's going on in his or her home life and you provide a set of opportunities for them to live and grow through the experience. they have a great opportunity to stay in school. >> how do you explain 18 to 42, 18% of african-american yet 42% suspended are african-american.

>> we have a history of decision proportion proportionality. schools make judgments about kids. kids who are african-american tend to be poorer in urban settings. they're dealing with incredibly difficult environments. what is culturally appropriate in the streets often is not in school and schools need to have a set of resources that come from the community to help them navigate and build their capacity to take full advantage of what's going on in the classroom. >> an op-ed and an anecdote from author to net powell writing this in the "washington post" about her son being suspended in preschool five times. one after another white mothers confessed the trouble their children had gotten into. some of the behavior was similar to jj's, her daughter. some was much worse. most startling, none of their children had been suspended. when this exists, when this happens, what does this do to the african-american students

that we're talking about here? >> when it happens early on, which is really unacceptable in preschool, what happens is kids are out of the very environment that helps them learn. so you have this cascade effect. if it happens early in class, they're not learning. they're not learning, they're going to be unhappy in school, they're going to be act absented end up dropping out. we at communities in schools bring in resources from across the community aimed at providing all the necessary from food, clothing and shelter to behavior and social/emotional learning. build the resiliency, the grit, the capacity for young people to really navigate the world, to take full advantage of public education and go on to full adulthood. >> zero tolerance, is that the issue here? is this an arbitrary application of zero tolerance or the rule itself that is troubling. >> i think zero tolerance is not a good policy, but the application of it is often a judgment call in the school. so we know that many minor infractions defying an authority figure, what does that mean and

what does that feel like? when you have somebody of two different cultures coming together in a school and what is perfectly acceptable in one environment is not in another. an authority figure in a school says i'm going to put you on suspension and out you go. >> what will you do to fix this? >> put psych coordinators, trained social workers in schools that partner with teachers and principals to bring in a sort of community resources that build the capacity of teachers, principals and students to learn and grow. >> dan, thank you so much. >> thank you. president obama is feeling the pressure from both sides of the aisle to step up when it comes to the threat from isis. is he being too cautious? plus police in ferguson, those in missouri begin to wear body cameras just weeks after the shooting of michael brown. what's ahead for the grand jury investigating brown's death. you, my friend are a master of diversification.

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u.s. military planes have conducted 120 air strikes since entering the conflict. but in washington, republicans and even a few democrats pressing president obama to give details on an overall strategy for dealing with the isis beyond the latest round of air strikes. >> we can't wait forever, and the longer we do wait, the stronger isis becomes. >> that is a decision. that is a policy. that is a strategy, and it's not working. >> joining me now is jim warren, former managing editor of "the chicago tribune" now washington bureau chief for "the new york daily news." jim, thanks for being with us today. you probably saw the op-ed from senators mccain and graham, they're calling for increased military assistance in the form of weapons to the free syrian army. they go on to say, quote, one of the hardest things a president must do is change. and history's judgment is often kind to those who summon the courage to do so. jimmy carter changed his policy on the soviet union after it

invaded afghanistan. bill clinton changed his policy in the balkans and stopped ethnic cleansing and george w. bush changed course in iraq and saved america from defeat. when you look at president obama, is it a time for him to change and has history looked favorable upon those incidents that were listed by senators graham and mccain? >> well, the pair of mccain and graham are sort of like don quihote -- i think they have been more wrong than right the last couple of years. when it comes to this situation, they have got to know this is incredibly tricky. we probably militarily could largely plblow up isis, but whether you're talking about arizona or south carolina, the home states of those two senators, there's no appetite for doing that right now. there's no appetite for ground troops. so in referencing that story you mentioned a prominent story in

"the new york times," we are thus unavoidably in some sort of tricky set of alliances with iran and even shiite-backed militias, the sort that are killing our people during the u.s. occupation. so i think as long as the president is just not going to send america troops in there, you know, you're forced to cross your fingers and hope that more aerial assaults will help. the big question, do you go into syria, which clearly has not been answered yet. >> with all those questions a, looking at the support from congress, are there a majority of republicans that are in the graham-mccain camp that share that desire for more assistance militarily? >> i think -- you know, you can look at the likes of the rand paul wing, if you can call it that, the isolationists on the republican side, i think people are really, really ambiguous about this. although it's nice to sound bell koes and say we should have a

detailed plan, you also have some republican hawks who don't want the president to be particularly detailed who believe up to now as you know that he's been too open, too intellectually candid by saying there are certain options that are off the table, notably use of troops, that he should be more strategically coy. but i think if you go around the country, even in these safe republican districts, again, most of these incumbents are going to win in the fall, i think those guys are putting their fingers in the wind and know that a lot of folks in their districts, even staunch republicans, have virtually no appetite for getting tough in that part of the world. >> and staunch democrats as well, we were listening to dianne feinstein criticizing the president. as the president does go through and is thinking about that in the white house, what should be next? are the midterms an issue here? no matter what he does doesn't seem like it will be a win for those who are up for re-election right now. >> yeah, obviously take a whole

lot of issues, it's not just iraq and foreign policy, it's also stuff like immigration, which apparently, apparently is now off the table through the elections because they know they have got to keep the united states senate. and even as we hit labor day, the traditional moment when all of us start waking up and getting a little more sensitized to politics in a midterm, it is not beyond imagination that they lose the democratic majority. so i think they're going to be very, very careful not just in a place like iraq and syria but also with messes such as ukraine and dealing with putin in attempting to create the aura of being on top of things and tough-minded but sensible and not getting us involved with too many americans and not risking lives in the way that clearly for the last decade too many voters have turned their thumbs down on. >> jim warren, thank you so much. >> hey, richard, have a good holiday. >> you too, my friend. now more political stories

that we're watching in the headlines across the country. a federal judge in louisiana has temporarily blocked a state law requiring doctors who perform abortions to have patient admitting privileges at a hospital within 30 miles of their practice. now, critics of the law saying its implementation would likely close all five abortion clinics in the state. last week a federal judge blocked a similar law in texas that would have taken effect today. and $36 million. that's how much money groups have pumped into the close senate race between mitch mcdonnell and alison grimes. ads are flooding the kentucky air waves with hopes all those commercials will not frustrate voters to the point of staying away from the polls in november. so this week a grand jury in st. louis county, missouri, will continue to examine the evidence in michael brown's death, but prosecutors say it could take until mid-october to finish presenting all of that evidence. the unarmed teen was shot and killed by a ferguson police officer almost a month ago. now we've learned ferguson police officers have started to

wear body cameras to document their interactions with prote proteste protesters. the officers wore the cameras for the first time at this protest, that march on saturday. ferguson's police chief says two tech companies donated about 50 body cameras and provided special training last week. meanwhile five protesters are moving forward with their multimillion dollar federal lawsuit claiming the ferguson and st. louis county police departments used excessive force against demonstrators. joining me now is criminal defense attorney eric guster. thanks for being here with us today. what do you make of the body cameras now being used by the st. louis county police officers. >> well, body cameras are necessary, especially in today's age. for example in, rialto, california, complaints dropped 88% when body cameras were implemented because when people are on camera, not only does it protect the citizen, it protects the officer as well. it will change the behavior overall. >> there have been criticisms of it as well, though. it's not necessarily the

panacea. >> and that is true. however, when you look at officer's safety and citizens' safety, it will document almost everything that happens in a traffic stop, in any type of interaction with the officer and the public and in officer-related shootings. it will tell exactly what occurred. >> in this case there in ferguson, missouri, the criticism from the protesters and marchers have been not enough community policing. does this increase that community element of policing? >> well, body cameras will not. community policing really means police going into the community, learning the people in the community and really interacting with them, which much more of that needs to happen in communities all over the united states besides ferguson, because in this situation with the ferguson case, it really highlighted the need for officers to be embedded in the community and people to know them and trust them. >> as you watch this happening in ferguson, at least in the st. louis county police department wearing the body cameras right now, there is the national mike

brown law that has 150,000 plus signatures. and what this is asking for is that all police departments across the country use body cameras. is that feasible? >> it is feasible. the cost of a body camera, average cost is around $400 per person. that is extremely inexpensive when you look at officers' safety, community safety, you look at potentially cases being examined by someone that's not -- not the officer or in the department. they will be able to transfer film to show exactly what happened in every single incident, every single stop. it will reduce minorities being stopped. >> and they can use this in the cases and investigation as well. >> absolutely. >> the national bar association made a predominantly african-american lawyers and judges have asked for police misconduct information and reports from 25 cities across the country, st. louis included, because of reports of brutality from police departments. what might happen from their investigation, if you will, into

these police departments? >> well, number one, the national bar association, which i'm a member of, we will be able to look at each case, see whether the stop was lawful, see whether there was brutality in these stops, and investigate these cases and talk to witnesses because a lot of these people, such as the community of ferguson, they went without a voice and they need someone to put eyes on these cases to see whether the police acted properly in each of these incidents. >> all right, thank you so much, eric guster, for your time on this labor day. >> thank you. up next on this labor day, how to reduce inequality in the 21st century. i'll speak with the author who says it's all about employees receiving a fair share of economic gains. and the fight against the deadly ebola outbreak takes an important step forward this week. we'll tell you the details. hey pal? you ready?

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amid the warnings from the world health organization that the current outbreak could spread to ten more countries, one pharmaceutical company is fast-tracking a potential vaccine and so far the drug from glaxosmithkline has proven safe in animal testing. joining me now is dr. amy edwards, infectious disease specialist in cleveland. doctor, thanks for being here. so this trial will involve 20 healthy adults. they'll get a shot to see first if that vaccine is safe. second, if in fact it would protect against ebola. how promising do you think this vaccine in animal testing has been? >> so far the vaccine looks really good, and i think we're very hopeful that it will be effective. unfortunately, there have been many vaccines that have looked promising in animal trials that don't pay out when we come to human trials, but this is -- you know, we've got to just keep trying until we find the one that works. >> with this specific drug, do you believe it to have a better chance of doing well in this

human trial? >> i mean it's really hard to predict at this point. everything looks very promising and so i think we can all keep our fingers crossed, but while the vaccine may prove to be effective or prove not to be effective, it really is going to come down to basic public health when we talk about stopping this outbreak. i think that waiting for the vaccine would be silly. there's a lot that we could do in the meantime to really help stop this outbreak. >> dr. edwards, in this vaccine, what makes it look promising, though, specifically? >> when you look at the animal trials, you see good antibody response to challenge with the vaccine and that's what your looking for. you're looking for protective antibodies. you're looking for the body's immune system to fight the actual virus. and so when you look at the animal trials of this vaccine, you do see good immune stimulation and so -- i mean

that's very promising. but animals are not humans and so we're going to have to wait and see what the antibody response is in these first trials. >> so 1500 people have already died in west africa in this current outbreak. the world health organization predicting 20,000 could ultimately be infected. when you look at this realistically, how fast can this drug be approved and then dispersed? >> i would think that the vaccine is going to take several months before we could even talk about beginning production, which is why, you know, we need to take the steps that we can take in the meantime to try to stop the outbreak. >> and who should get this first? >> well, if it's proven to be safe and it's proven to be effective, then you have to get it out to the health care workers who are being so constantly exposed and who are losing their lives in trying to take care of these patients and then you have to roll it out to the surrounding community.

>> so valiant. dr. amy edwards, thank you so much. >> no problem. on this labor day an interesting book just out in paper book details some serious policy changes that could challenge income inequality and change your family budget perhaps. the authors of "the citizen's share" argue that more americans, especially people in lower income brackets, should have greater access to the stock market. now, one policy suggestion here, get publicly traded companies to offer broad-based share plans for all workers. companies would have to earn government tax incentives by giving employees more stock options. another suggestion from the book, require big banks to invest a certain percentage of their assets in corporations with broad-based employee share plans. in other words, companies that give more employees a share would get more rewards. joining us right now is one of the authors of "the citizen's share" joseph blase, a distinguished professor and psychologist in the school of

management and labor relations at rutgers university. thank you for being here. >> delighted to be here, richard. >> so this is going to help, if you will, shrink the income gap. >> absolutely. what's new today, we've always had profit sharing and employee stock ownership. what is new today is most of the income inequality is because the middle class doesn't have access to a piece of capital. they don't have profit sharing in the companies where they work, they don't have a lot of employee stock ownership. 75% of all the wealth is in the top 10% of the population. 80% of all capital gains, dividends, income, is in the top 20%. the middle class doesn't get access to capital, they will continue shrinking. >> when you say access to capital, you mean access to ownership, don't you? >> access to ownership, like a share of ownership in their firm, such as dpogoogle or microsoft offers, or profits, like southwest airlines. >> you say that, professor,

because is that where all the gains of wealth are at the moment in these corporations as well as through the shares? >> absolutely. what is new today since the period after world war ii is that most of the households who are doing well are getting their wealth from capital income such as profit sharing dividends and capital ownership such as stock ownership in companies where they own a piece of the company. >> how much will this solve the problem? >> i think it would solve the problem significantly. so, for example, southwest airlines gives its employees an additional 15% on top of their wages in profit sharing. imagine if you're a middle class family, that is very meaningful. but it won't be enough. there are more things that have to be done. >> have you done any modeling to say -- because you were mentioning the amount of wealth that sits at the top edge. how much would that be reduced? >> i think the point here of this idea is not to redistribute wealth, not to tax the rich and give to the poor but over time to provide workers with an opportunity to expand the pie of their company and then share that added performance. but certainly the top would get

less if we had broader ownership. >> how much of my salary, let's just say, would need to be comprised of shares of the company i'm working for? >> i would say about -- >> in your modeling. >> i would say about 15% of your salary per year, either in profit sharing or in stock. >> and the flip side for the companies, do they need to be 50% employee opened? >> not necessarily true. i think an average company, about 20%, 25% employee owned. some smaller companies like publix supermarkets or the maker of gore texas could be 50% to 100% employee owned. >> are companies, corporations, are banks as you suggest, are they open to this idea? >> absolutely. under the first bush administration there were incentives so that financial institutions that helped establish employee stock ownership plans really received wonderful incentives and they did a lot to push this on wall street. >> why aren't we seeing it happen then in huge numbers?

>> in the last presidential administrations, the taxin 17 i'ves for the rich have gone up and for employee ownership have been depleted. it's really a shame. >> interesting. okay, thank you so much for your time. >> delighted to be here. the beyonddocountdown is on release of apple's new iphone. will it live up to that new hype. tylenol is clinically proven to provide strong, fast pain relief. but for everything we do, we know you do so much more. tylenol

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are you feeling excitement yet? it's building over the realization of the iphone 6. apple is expected to announce the other phone and other gadgets to boot. the reported features is making the buzz bigger for some. some is bigger screen, 5.5 inches, maybe. turning the phone into a mobile wallet, sapphire glass that makes it resilient to cracks when you drop it. joining me via skype is dan ackerman. i'm sure you have the ins. you're the senior editor for cnn.com. what feature are you hearing about this phone maybe not heard

about yet? >> you know, i think things people are starting to buzz about now is the mobile payment you mentioned. the ability to use your, if any, as a digital wallet. it's something apple hasn't been involved with yet. you can wave your phone in front of a crash register. >> it's not a matter of technology per se. it's been around for a decade and a half. it has to do with apple's huge network and ability to bring along big names, isn't it? >> its ability to partner with the companies favorable to apple. it's also about technology called near field communication. apple phones don't currently have but you hold a device near a reader on a cash register. >> that's the technology that has been around for a decade and a half. not necessarily new. but with apple the ability to

put together the big names. you sell.com did a survey about what customers want to see improved in the iphone. here are the top five. 37% want better battery life. yeah. who doesn't? 19% want a bigger screen. 11% want a better camera. 11% want better phone reception. there's more. what do you think apple can do to satisfy all of these? do you think they'll be able to check off the list there? >> they'll never get everybody everything they want. there's a lot of things you do. but iphones and android phones people get disappointed when they plug in the phone every day. the nice thing about the iphone it's a giant battery with a little phone built around. if they have a bigger screen they have a bigger body and able to put in a bigger battery. >> the samsung are not sitting around doing nothing. they put out two or three phones

every time apple puts out one. they have something in the hopper, too. >> they have a lot of new things coming up. they announced a couple of recently. they're interested in wearable -- >> that's dan ackerman. i think he was able to talk about personal devices. senior editor there. dan ackerman be what might coming out from apple and samsung. that wraps up this hour on msnbc. check around. with new u.s. efforts targeting isis in iraq. president obama faces mounting pressure here at home to do more to confront that threat. coming up at 10:30 eastern british prime minister david cameron unveiling his country's plan. we have the live coverage ahead for you on msnbc. i am so nervous right now, it's not even funny. oh my gosh... driver 1 you ready? yeah! go!

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good to be with you. you are watching msnbc. on this labor day a global threat what the iraqi minister for human rights called isis today at the emergency united nations meeting. this morning we expected u.k. to take action. in just about 30 minutes prime minister david cameron is expected to announce new cur security laws that allow officials to seize passports and black british citizens from returning home if they fought with isis. would the issue consider similar measures. the biggest demand in washington is a clearly defined strategy on isis. with the house and senate a week away from returning there are growing calls for the recess to end early and con to begin a national debate on how to handle the growing threat. >> congress better debate it. i don't know why they're talking about this. it's important. the country has to understand it. they have to have simple language. is it containment? is arsenal?

joining me now is john larson. one of the lawmakers calling for congress to come back early. thank you for being with us on this labor day. >> good to be with you, francis. >> doris kerns good win is coming back on the table for leadership at it point as an option? >> well, it should be. and it should be because of the mounting crisis that we're facing. and as was pointed out in doris in the little piece. largely because we need clarity. we should be, as john mccain others have suggested, relooking and redefining the war powers act. whenever there's a call for the authorization of use of military force, that puts the congress should be directly involved in making sure that we're there being briefed fully on everything that is going on. and under