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tv   The Ed Show  MSNBC  March 13, 2015 2:00pm-3:01pm PDT

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good evening americans, welcome to "the ed show" live from detroit lakes, minnesota, let's get to work. tonight, a new chapter in the clinton dynasty. >> thank you all. >> and later, blaming the president for the ferguson police shooting. >> there's an atmosphere of unbalance here. >> pity the fool. >> i'm embarrassed for them. >> let me say t you are entitled to nothing. >> saving social security. >> one thing i do know damned well is you don't cut those benefits. you expand those benefits. >> good to have you with us today. thanks for watching. america could care less that's the analysis right now about the hillary clinton using her personal e-mail account. the gallup poll shows that 50% of americans have a favorable
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opinion of the former senator, former first lady and former secretary of state. republican candidates can't even get close after all of this controversy and attention this week. jeb bush is in at 35% chris christie at 31% and mike huckabee at 30%. republicans have a lot of work to do if they want a shot at the white house and they're trying to catch up by manufacturing bogus news. the e-mail troers is nothing but an attempt to drag down clinton's poll numbers. >> i'm not sure how setting up your own private server is more convenient than an intern add an e-mail account to your smartphone. >> i think the fact she didn't obey the rules on putting her e-mails on a government server and now says there wasn't classified information i'm not sure that can be trusted since we can't trust her to do the right thing the first time. >> i tell you what senator rand paul, you just ought to go right on over to the cia and be an
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investigator. george bush has been critical of hillary clinton over this e-mail controversy. people in glass houses shouldn't throw stones. he called the use of private e-mail baffling and said it posed security risks. how does he know? turns out that jeb bush is a hypocrite, a new report from the "wall street journal" says jeb bush marco rubio and scott walker, holy smokes they all used private accounts. bush used private erk mail while he was governor from 1 9 to 2007 in florida. in december bush released hundreds of thousands of e-mail from his time as governor but a bush spokesperson says e-mails from his private account they were just unrelated to government business. they weren't turned over to the state for any kind of preservation at all. so jeb bush what did he do? well he did exactly the same thing hillary clinton did,
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another reason republicans are going after the clintons is money. new report shows bill clinton knows how to rake in. he's received $16 million through the former presidents act. well he travels all over the world. it's more money than any other president. it's called security. look at all the good that he's done. republicans know the clintons are a political machine, they are well-funded, organized and they're already polling well and nobody's even declared. we could see an official announcement from hillary clinton very soon. campaign donors are reportedly urging hillary to announce so that she can better address the e-mail controversy. at this point clinton's team is still reportedly planning for an early april launch date. what does this prove? where there's smoke, there's fire? there might be smoke, but there's no blaze around this story and i think democrats across america saying is this going to be what it's like
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bring it on. this has been a big loser week for the republicans, losing on the iran letter and they are losing on attacking hillary clinton with their own very candidates have done the same thing. it's as simple as that. tonight's question are republicans hypocrites for blasting hillary clinton? text a for yes, b for no to 67622. for more let me bring in an old old friend, not in age, only in time, knowing this man. all right, lanny, get that smile off your face because this is really going to be tough. you're on with big eddie again. >> great we're on the same side ed you're tough when you're on the other side. >> well i was an obama guy, you were a clinton backer at the time. we had our friendly scraps but you know what it's still early on in all of this. i think that democrats are
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wondering right now is this what a hillary campaign is like? is it constantly thwarting off these attacks? your thoughts on that. >> yes, because the media wants a fight, not bashing the media. they do it to republicans and democrats equally. the pundit class in washington from all the sunday shows to all of the pundits on the cable shows, including this great cable network, all do the same thing, hillary is in trouble, not handle it well this say terrible thick and they have short memories. let me remind you that for three years and $70 million, thousands of columns in the "new york times," "the washington post" and the "l.a. times," three great newspapers about something called whitewater and where did it end up? zero. ken starr's successor said and it's almost a direct quote, "there is no wrongdoing here." the american people know that the only thing republicans can
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do is investigate, make accusations, the press runs with it, it becomes "the latest clinton scandal" which is absolutely zero all smoke. that's where we are and why hillary clinton still is popular. >> well the republican party back in the era you were just talking about is a lot different from the one today. i just don't see in any stretch of the imagination of trey gowdy coming out some day and saying the same things that ken starr said. there's no there there. there's nothing here. i don't think that he would ever exonerate hillary clinton. i mean this is a mission to destroy. so how does this affect the campaign as you see it? the announcement, the campaign the run, how does hillary get her message across if this is the kind of stuff she always has to be dealing with? >> first of all, she's great on issues. she's a progressive democrat and she knows international
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affairs better than any of the republicans all put together. and with the danger of isis the danger of iran and with this economy needing a middle class program, with big banks needing regulation and consumers needing protection, hillary clinton stays on the facts, on the issues and all of the onslaught coming in is viewed by most americans as just about politics, and ends up helping her. >> so does she end up getting the far left? does she end up getting those who are more liberal than she is? she's been accused of being a corporate democrat kind of a wall streeter. >> yep. >> would she get all liberals on board because you certainly can't vote for the other guys the way they've gone after, their track record the last 15 years is pretty brutal on all fronts, from wars to taxes to the economy to cutting programs the whole thing. so can hillary galvanize the
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entire base? >> on issues there isn't a single issue i can think of where she doesn't agree with base voters on. i don't know what they're talking about when they use labels, she's populist in the label but on issues she votes in a way progressives want her to. so the labeling i don't understand. i do know this stylistically, she will be a strong general election candidate because moderate republicans like the fact that she has reached across the aisle as a u.s. senator and can work with republicans the way ted kennedy was able to work with orrin hatch. that's the combination, you get a progressive democrat who can work with the other side. >> lanny, you're a former white house counsel. is there anything that has unfolded this week in dealing with this e-mail controversy that you as an attorney would be concerned about for hillary clinton, is there anything in there at all that would raise your ire to something that there
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could be some trouble? >> i've looked at it closely and my answer is no there isn't, but don't believe me. i'm an old friend and i'm going to be seen as a partisan. believe the attorney quoted in the "new york times" story, mr. jason barron, whothe archives administration, said on cnn, not in "the new york times" she did nothing illegal. she didn't violate the 2009 rules. she didn't violate any rules and she didn't violate any rawlaws. that's what he said. "the new york times" hasn't publishered that quote but it was on a rival network and no republican canunder mine, the law is the law. >> lanny davis, good to have you with us tonight. >> nice to be back. >> good to see you again. >> thank you, you bet. >> michael steele former rnc chair, and msnbc political analyst, bob frum democratic strategist and professor
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caroline hellman. michael, this e-mail account that jeb bush has got going. >> right. >> it sounds like the exact same thing hillary was doing. what is the big issue here? >> withal it may be on paper in terms of the way it was set up. i don't know if you had a private server or anything like that. he did acknowledge using a private e-mail account but i guess that i look at it a little bit different. i don't equate the private e-mails of a governor of florida with what we're talking about here with the former secretary of state, dealing with some of the big and hot issues that she was dealing with at the time. i think she has unwittingly created a mess for herself. this could be handled saying take the server pull off the government-related documents. the private stuff i do not want released publicly could have put the appropriate monitors in place to make sure that didn't happen people from her world or from the government world, but i just think this has become a lot
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of noise that feeds the narrative about the clintons as a whole, and hillary specifically that is going to dog her right into her announcement, post announcement and throughout the campaign. yes, republicans, we're going to make a lot of noise with it and have a lot of fun with it. some of this stuff she can cut off herself and she's not doing that. >> bob, what is the counter to that? >> i think they'll have a lot of fun with it and a lot of losing with it. look they've been doing this for 20 years, going after the clintons, and it hasn't worked out very well. if you look at the gallup poll numbers and how she's doing against all these republicans, it's tough for them to beat her on issues. they have a demographic dilemma. they'll prosecute for the next 20 months a campaign of relentless personal destruction. maybe it doesn't work but it's about all they have right now. it's also compounded by the press and lanny is right about this. it's not that the press has a personal animous.
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they have an aversion to competition free democratic primaries. the press will be hillary's principal opponent in all this. when you get to the bottom line let me tell you, i believe voters care a lot more about their jobs their health care their kids' education than hillary clinton's e-mails. >> caroline how does she handle it after the announcements. aides were saying if she announces earlier than expected it will give her a better platform to address all of this. what do you think? >> i think she has to address the perception as she did this week and i would disagree with michael. i think she did a great job explaining she did nothing wrong and i see a difference between jeb bush being an executive at the state level and hillary clinton being in the state department, but the fact of the matter is neither of them did anything wrong, neither broke the law, nor did they even break norms so yes, she has to deal with the appearance. the fact is only 17% of americans are following this this closely, this story closely, and it has zero effect
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on her farveltvorability ratings. lot of smoke, no fire. >> i didn't say she didn't do a good job. i thought she did a great job, stood in the gallery and took the incoming. all i said was she helped perpetuate the noise by not addressing what the media obviously needed to have addressed in their questions, and by creating this political environment in which she's going to have to deal with this leading up to and including and post her announcement. so yes she did a great press conference. >> she didn't create this political envirn. >> absolutely she did. >> she did not create the environment. she'll not spend a lot of time dealing with this. >> oh she will. >> she'll deal with the benghazi conspiracy freaks. >> let's come back to the matter we're talking about. >> voters are not going to vote on this. you tried this with bill clinton, it didn't work and not going to work with her. >> that may be. all i'm saying is this is something that she can get off
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of her plate to create blue skies ahead of her announcement the for the presidency and the ensuing few weeks thereafter this is going to be the storyline, trust me. >> caroline how do we know that this isn't going to be another whitewater type coverage that there might be even one that might never let this go and trey gowdy trying to make a name for himself. who says this will go away any time soon because of the way hillary talks about it. >> i don't think it will go away. i think the fox news network will keep it alive, trey gowdy will keep it alive. the fact is only one in five americans are following this. they understand the basics that no laws were broken no ethical violations here and so will they continue to fan these flames? sure, but it won't be effective, because it hasn't been effective so far and so if it's not effective, when it first comes out, you know dragging it on and on like the benghazi committee has been doing looking for the smoking gun, it's not
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going to be an effective tactic and i would agree with bob that she's not going to spend a lot of time on this because she did nothing wrong. >> good luck with that. >> michael, you guys got to keep this alive as long as you can. >> ed, look no no we don't need to because there will be more goodies that hillary will give us along the way and i quite frankly to be honest with you as a substantive matter this is nothing. this is actually a waste of air time and a waste of conversation. as a political matter it's good fodder but substantively there's enough for republicans to talk about hillary's legacy and initiatives that she's backed and the programs she's supported and what she wants to do as president that will be an engaging conversation in and of itself. all i'm saying is i would take the political noise out of the way. >> well how can subpoenas and two more appearances in front of a benghazi committee be a waste of air time. i mean this is part of the vetting process, bob shrum.
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the republicans better be right on this. i mean the republicans are setting themselves up if they don't find anything this is going to hurt them down the ticket, isn't it? >> this happens over and over again. the clintons enemies, the clintons' critics overreact and create sympathy there's a backlash, and i don't think the benghazi committee is going to get anywhere. they'll keep talking about it. i don't think they'll get anywhere they'll satisfy their base and fox news. they're not going to hurt her and i think michael's entirely wrong because when this campaign gets to issues and we start talking about education, we start talking about investing in the future we start talking about standing up for the middle class, she's going to be in a very strong position especially with a republican party that continually willfully and recklessly alienates hispanic voed voters. leading hispanic pollster said hillary clinton could get over 80% of the hispanic vote. if she does that there is no way a republican can win the election.
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>> that's woulda coulda shoulda. let's see what happens once it starts. >> gentleman and caroline heldman, great to have you tonight. i appreciate your time. thanks so much. remember to answer tonight's question at the bottom of the screen we appreciate your comments on twitter @edshow thanks for the follow on facebook as well. get my video podcast at wegoted.com. coming up president obama doesn't mince words about the republican letter to iran. plus breaking news the military chopper that went down off the coast of florida is being pulled out of the water right now. details ahead. stay with us. we are right back on "the ed show." i will take beauty into my own hands... where it belongs. olay regenerist. it regenerates surface cells. new skin is revealed in only 5 days. without drastic measures. stunningly youthful. award-winning skin. never settle for anything less. the regenerist collection.
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. we are back. republicans have taken a lot of heat for their open letter to iran. president obama is taking them to task. >> i'm embarrassed for them. for them to address a letter to the ayatollah, who they claim is our mortal enemy, and they're basic argument to them is don't deal with our president, because you can't trust him to follow through on an agreement. that's close to unprecedented. >> the excuses republicans are making are equally embarrassing. the gop has tried deflecting the blame onto the president of the united states. senator rand paul claimed he signed the letter because he wanted to strengthen the president's hand. john mccain is trying to blame it all on the weather. senator bob moran told politico the process was rushed because "everybody was looking forward to get out of town because of the snowstorm."
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he went on toe say that "i think we probably should have had more discussion about it given the blowback that there is." you mean the republicans act before they think or think before they act? which is it? i had no idea that weather had such an impact on such penetrating letters to other countries. meanwhile, the tom cotton circus made a stop in cuba today with an appearance from iowa senator joni ernst. he spent the day touring the guantanamo bay detention facility with a few of his fellow freshman republican senators. joining me lacy healey the center for arms control and nonproliferation, great nonproliferation, and joe, thank you for being with us. secretary kerry will go face-to-face with negotiators sunday for the first time since the letter by the 47 senators
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will be signed. what impact will it have? i assume the iranians didn't fall out of bed last week they have a pretty good idea how our government works and who has the authority and who doesn't but what kind of impact might this have? >> the iranians understand us very well. mr. zarif, the foreign minister got his graduate degree from the university of denver. in fact there are more american ph.d.s in the iranian cabinet than there are in the obama cabinet. so they understand this. the cotton letter will make things a little more difficult for the united states. it's pretty clear this plays into the hands of the hardliners in iran saying see you can't trust these people you can't make a deal with them but the fallout from this cotton letter has been so catastrophic for the senator republican senate republicans, scathing
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whether on late night tv or most american newspapers it freeze obama. he has less to worry about congressional interference. they've been effectively sidelined. we are now in the end game. the next 10 to 15 days will decide whether we get this deal or not. >> from the standpoint of negotiating, joe, obviously the iranians are going to say how do we know we can trust you. how do we know who we're talking to. you have to convince us everything we talked about so far is the real deal. that's really what they're going to put on the table, isn't it? >> yes, it is and so that's probably going to raise the cost for us a little bit. i would expect the iranians are going to demand more sanctions relief, a little faster a little more up front. the president can do this and the president's team will walk through the sequencing and pacing of the sanctions relief will be as we also discuss the requirements that they will have to allow inspections everywhere to reduce and roll back their
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program. >> lacy what do you make of the roll-back efforts? you have lindsey graham saying he signed it because of the veto threat by the president when it came to sanctions. i think the president's been very clear all along that look, don't do any more sanctions. give this a chance to work and even had to say that to members of his own party. now we're seeing excuses why they signed it. we have the weather and rand paul saying gosh i'm try igto help the president out here. i mean, come on. what do you make of this rollback? >> i think that it's clear that this is an effort that was put together in a rush. it was signed in a rush. even michael gersen president george w. bush's speechwriter columnist for the high pressure he called this an effort that was put together with all the gravity of a blog post and that it's something that should force us to question the gop's ability to lead. this is really an effort that was a very very very serious, takes on a very serious issue
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and that could have threatened the negotiations and it was put together as you said while everyone was getting ready to leave for a snowstorm. this is something that we should be concerned about if this is the way that the gop does connects their business. >> so laicie what would more sanctions do if the republicans got their way? would that kill the deal across the board or push the iranians to negotiate harder? >> so ultimately the problem with the republican plan is there is no plan. when you ask what happens next? they say more sanctions, potentially covert action but what we've seen is that iran built its current program under sanctions. iran went from 100 to 20,000 century funlgz underrifuges under sanctions. iran is not going to capitulate. it will decide particular will i in light of letters like this that they can't deal with and trust the united states and ultimately they have to build a
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nuclear weapon in order to be taken seriously on the world stage and in order to have a means of protection if the last and next step is war. >> yes. joe, what about netanyahu? his stock seems to be slipping quite a bit. he seems to be more in trouble now than he ever was when it comes to the election and his favorability in the united states, that speech didn't do him any good. so has this been a loser week for the republicans? have they just, in fact, when cotton was on tv he didn't talk about his party or what their mission was. he talked about netanyahu as if he's taking his lead from him. >> yes. that's right. well look for senator tom cotton personally this has been a good week for him. everybody knows his name. the bad news is it's usually the punchline to a joke whether it's being excorated on late night tv or blasted in the editorial pages he's now toxic. you see even his own party distancing themselves from him.
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the party itself has had a disastrous two weeks. rarely do you see a party shoot itself in the foot three times in a row. the bb stunt backfired, trying to rush the corker bill that would kill the deal on the floor of the senate repelled at the democratic supporters of that bill, that bill is sidelined and now the cotton debacle. so it's been a very bad week for the gop. their only hope of recovering from this is to try to let people forget about this to lay quiet for a while, and then try to regroup for a fight over the deal itself when it comes sometime the end of this month. >> all right. joe, laicie heeley great to have you with us tonight. coming up new developments out of ferguson, missouri. plus a superfan meltdown i have some questions coming my way on "ask ed live." stay with us action we'll be right back on "the ed show."
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more news at this hour we are following breaking news out of florida. you are looking live at wreckage from the military helicopter training accident being salvaged from the water off the coast of florida. the uh-60 black hawk chopper was reported missing around 8:30 p.m. tuesday evening near the elgin air force base. 11 military service members are presumed dead. a drop in oil prices is shaking the drilling job landscape. u.s. crude oil prices fell to a six-week low thursday and the dip is impacting production. the number of oil drilling rigs in north dakota for instance, has fallen to its lowest level in six years. state officials say an estimated 3,000 to 4,000 jobs have been lost. texas, the nation's number one oil producer has seen a 40,000 decline, according to the u.s. energy information administration.
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of course we love hearing from our viewers tonight in our "ask ed" live segment. our question is from dennis and dennis wants to know do you ever think about doing a fishing show? dennis, not every other day, that would be every day. stick around rapid response panel is next. i might someday, you never know. i'm josh lipton with your cnbc market wrap. stocks end the week lower presh ued by strength in the dollar. the dow slides 145 points. the s&p is off 12 the nasdaq sheds 21. the latest read on producer prices shows inflation remains in check. the producer price index fell 0.5% slipping for a fourth strait month. investors are watching inflation figures closely ahead of the fed's meeting next week and consumer sentiment declined this
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and we are back. there is a $3,000 reward being offered in ferguson missouri. lawmakers are looking for anyone involved in the shooting of the two police officers early thursday morning. police say they have strong leads but no suspects. three people were questioned on thursday, and released shortly after. the two officers who were shot are recovering at home. overnight a smaller crowd held a rally outside the police department. president obama reacted to the shooting during an appearance on "jimmy kimmel live" last night. >> what we have to make sure of is that the folks who disregard and disrespect the other side
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people who resort to violence that they're marginalized. >> they set us all back they do. >> they do but they're not the majority. >> there were peaceful protests last night. there were no shootings. there were no arrests. joining me tonight on a rapid response panel, zerlina mxwell and dr. michael eric dyson, analyst and professor at georgetown university. earlier today st. louis police lieutenant reacted to the shooting. here it is. >> this is a fresh wound. this is something that's just happened within, it's not even 12 months. you know the decision was in november. you know the department of justice report was released last week. so it's a wound that is going to take time to heal. i think as a community we can come together and accomplish that. >> how are people on the ground responding? msnbc's craig melvin spoke to residents of ferguson last
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night. >> reporter: what's the end game? >> the end game is to continue continue to fight until we have a system that is going to be equal to everyone. >> reporter: you've had three top officials step down over the past week or so. >> um-hum. >> reporter: in this area. is that enough? >> no it's nothing. >> zerlina, what's the cure? a new path now for ferguson what is your sense of it? >> i think the first step in terms of starting that new path is to obviously confront the institution of racism that the ferguson report showed and that the protesters have been saying over and over and over again for the past several months and the report served as proof and evidence of what their gripes were with the ferguson police department. and i think that oftentimes especially when you have people in the streets and you have some minority of those folks being violent or causing a raucous and
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in this case with this shooting we don't know anything about the shooter so to say it has something to do with the peaceful protesters i think is a little bit misleading generally but we have to focus on the substantive issues that the protesters are bringing to light, that the department of justice report showed are true and we have to start confronting racism and implicit bias that may be in police departments not just in ferguson but all throughout the country. >> dr. dyson, do you feel like ferguson is starting to turn the corner? >> well i think it's starting to turn the corner but people mistake the turning of the cosher for achieving the entire scope of what miss maxwell just referred to. we're turning a corner but got to understand it's just the beginning of the entire black neighborhood which is in a city which is in a nation. yes, turning the corner but a lot more work to be done. miss maxwell talked about the fact the justice department made a report that is pretty damning. the president said as miss
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maxwell said people are not making this up. people accuse black people and others of their allies, oh, you're generating this stuff but it's not. when we address systematic racism and inequality when people have to assert their own political right to exist at the polls, and in the streets, then we begin to see the substance of change we're speaking about and when the entire community begins to embrace that change not just seeing these people as interlopers or others of their allies as somehow intervening on a process that they are not likely to be welcome to. when we begin to see this is part of our destiny as american citizens, then substantive change can occur. >> not that this gentleman has any credibility at all, but rudy giuliani does gain a lot of attention. he wants president obama and needs him to act more like bill cosby. dr. dyson, what is your reaction to this rhetoric? >> well i guess mr. giuliani
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thinks that mr. cosby, being a comedian, is not enough so he wants to tell jokes as well. look it is unfortunate at this particular point in mr. cosby's career that mr. giuliani would point to him as an example of what must be done but number two, where have you been? obama has been on this bill cosby-like podium from the very beginning. when his speech before the church in chicago, where he told black men to step up to the plate. at morehouse college, at the celebration of the 50th anniversary of the march on washington. i happened to disagree with these particular interventions but the point is that they have made and in the very similar position, similar position that rudy giuliani has adopted and bill cosby asserted mr. obama, president obama did the same thing. i think he's been sleeping on it. >> zerlina, isn't ferguson missouri, now trying to develop a new model? i mean with what has unfolded in that community, the national attention that it's gotten the
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attention from the justice department, this report and then a city manager stepping down a police chief stepping down. i mean aren't we looking for a model here how to turn communities around? what do we go by? >> i think that the white house task force that actually went to not only just ferguson in st. louis but the st. louis area and all across the country and not only use activism experts and people who can reform police departments, they have a report with recommendations on how to move forward, and that includes not only having independent investigations into police killings, having special prosecutors appointed when you have situations when there is this much internal corruption within the system and you have essentially a district attorney in ferguson who is tasked with working with the same police department that we're trying to get him to indict for killing a citizen. so there are embedded inequalities and inequities in a system that unfortunately are impacting people of color in
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brown and black bodies and that consistency, the fact that since mike brown died seven months ago we've had nearly someone brown or black killed by a police officer every single day and that has to end. we can no longer use respectability politics or black people aren't abiding by police instruction quick enough in order to deserve life. you deserve life and respect and the police officers are tasked with serving and protecting the community, and that needs to be where we start with the community policing at the center of these reforms. >> um-hum. dr. dyson, a very direct question. what does the black community in ferguson have to do now, as you see it? >> first of all, they've got to continue to keep the pressure up. secondly, they must abide by relations of the justice department report and systematically plan to implement on their part substantive things that can change their communities. thirdly, they have to show up at the polls and vote. when they begin to change the complex and the outlook of the
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elected officials there, they begin to take their destinies into their own hands and finally begin to reach out and mentor some of those young people who are there, some of those young leaders who are doing tremendous things must be embraced and celebrated and if the entire community stands behind them it will be an extraordinary thing. >> zerlia maxwell, dr. michael eric dyson, great to have you with us tonight. >> always great to be with you. >> thank you. coming up saving social security. it's a mission. senator bernie sanders is definitely on it and he's got some help. stay with us. we're right back.
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welcome back to "the ed show." this is the story for the folks
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who take a shower after work. there are new attacks coming on social security. republicans want to weaken the system so they can just gut it. a new bill has framework to fortify what americans have paid into and depend on. the social security expansion act would solidify benefits for 45 years. >> let me be clear, you are entitled to nothing. >> don't let social security become a work of fiction. >> we'll need to rethink social security. >> do we want to credit the great welfare state. >> we can't maintain the welfare state as we know it. >> when people tell you social security is going broke, you look them in the eye and you tell them they're not telling you the truth. >> senator bernie sanders has a new bill to strengthen social security. >> more than 1.1 trillion has been pocketed by the wealthiest people in this country instead of going into the social security trust fund. >> current people pay into it. we would take the money and we would pay it out to other recipients. that's the definition of a ponzi
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scheme. >> you don't cut those benefits you expand those benefits. >> 2 million americans signed a petition to back him up. >> because inequality has reduced the social security trust fund. >> we've got medicare and social security designed to fail or be dramatically reduced in about 15 years. >> some of my republican colleagues want to cut social security benefits. >> republicans passed a rule which crippled the reallocation of social security payroll tax revenue. >> there's a great nation that is not what we should be doing to some of the most vulnerable people in this country. ♪ >> joining me tonight senator bernie sanders. senator, good to have you with us tonight. senator, i want you to tell us about testimony that you heard on the hill this week from someone who i think is pretty much out of touch and very wealthy. what did you hear?
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>> well former governor of michigan john engeler came before the budget committee representing the business roundtable. and what we discovered, the business roundtable consists of ceos of the largest corporations in america. it turns out that the retirement benefits that they will receive are about $88,000 a month, over a million dollars a year in retirement benefits and the business roundtable corporate america, came before the committee and said you know what? you should cut social security for people who are trying to survive on $14,000 a year and i told them that is advice that i certainly am not going to take. >> so the business roundtable -- why would someone that wealthy, of that position want to meddle into social security, a program that has been so successful? >> well i think it is part of
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the corporate class warfare against working families and the elderly. and what they want to do essentially, and that's what they said at the hearing, they want to cut social security they want to cut medicare and, surprise of all surprise they want to reduce taxes for the wealthiest people in this country and the largest corporations. that is their agenda. >> we have seen this movie before. now, what is your bill going to do? is this going to remove the cap for wealthier americans to give the program more solvency in the out years? tell us about it. >> yeah the answer is yes. but what we should all understand if congress does nothing -- and congress in my view has got to actnd a act quickly -- social security which has a $2.8 trillion surplus in the trust fund can pay out every benefit owed to every eligible
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american for the next 18 years. what my legislation would do is two things. number one, it would extend -- make social security solvent until the year 2060 45 years from now. second of all, it would expand benefits by about $65 per month for most beneficiaries. the other thing that it would do ed is change the formulation as to how we adjust colas. because right now the way we do it is unfair for seniors. it underestimates inflation for what seniors purchase. >> you anticipate this being a hot issue in 2016? i mean are they that adamant about getting this done? >> well i'll tell you all i can tell you is that in three out of the four hearings that we have had on the budget committee, the republicans have brought forth witnesses who in one way or another are talking about cutting social security.
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the koch brothers who, as you know, fund a lot of the republican party, from way back when are adamant that the federal government should not be involved in retirement benefits that social security should be privatized. >> all right. senator bernie sanders, always great to have you with us. i appreciate your time tonight. keep up the fight, my friend. that's "the ed show." "politics nation" with reverend al sharpton starts now. >> geek, ed.ood evening, ed, thanks to you for tuning in. breaking news a guilty plea from the armed intruder who got deep into the white house. omar gonzalez could spend up to a year and a half in prison and will stay behind bars until he is sentenced this summer. in a string of high profile scandals plaguing the agency this one has always stood out. authorities had numerous chances