Skip to main content

tv   MSNBC Live  MSNBC  November 12, 2016 12:00pm-1:01pm PST

12:00 pm
headquarters in new york. my colleague richard lui picks up things after the break. have a great one. \ s
12:01 pm
12:02 pm
12:03 pm
a very good saturday. i'm richard lui at nbc headquarters in new york. good day to you. 3:00 in the east coast, noon in the west. what we are watching this hour, nationwide protests. they're continuing today, this four days after americans took to the polls and elected donald trump as the next. we got a live look at trump tower at the moment. you can see an interview happening from there. it's just about six blocks from 30 rockefeller center. protesters have gathered again on this saturday. after marching up fifth avenue early this afternoon, they ended up at trump tower. among those demonstrators, film maker michael moore who walked into trump tower, asked to speak to president-elect trump. his request was denied. let's go straight to morgan
12:04 pm
radford line outside trump tower. i guess what we are seeing this hour, this 3:03 p.m., bigger numbers. >> you're seeing huge numbers here. there are thousands of people filling the streets. we can barely move here. you can probably hear them chanting behind me. they are saying "trump is racist" "he is anti-gay" "my body, my choice." signs say "one day we will finally be equal." these are people who packed this area. they started as a group of hundreds in union square. we left at 12:30 in the afternoon and i walked with them up here to trump towers. we are expecting about 16,000 by the end of the day. we ran into some familiar faces here. i spoke to director michael moore and an actor with "law and
12:05 pm
order, svu." they both said it was important to be out here. >> this is one of the smallest demonstrations. >> you think they'll get bigger? >> they're only going to get bigger. the majority of the people didn't vote for him. >> it was important to demonstrate with the people of the ci. we have to right to have this. we have a right to demonstrate together peacefully. it's not about looting, just expressing our anger. >> people say this is a march about inclusion. this is about bringing people together at a time of uncertainty. they say thousands are feeling marginalized because of president-elect donald trump's words about the people of this country. they are here to show unity and inclusion. >> morgan radford, thank you so much. live around trump tower. one of the sites of protests on this day. the question might be asked, how long will we see these protests, these individuals in the streets
12:06 pm
from what appears to be all backgrounds? where will the energy of those who feel disenfranchised, how will that be channelled next? let's bring in professor of the university of texas austin. the two of you watching these pictures the last couple of days, is this surprising to you, what you're seeing in the streets? >> i'm not surprised. i think because we saw such a devisive campaign over the last 18 months culminating in an election that was very close. hillary clinton winning the popular vote. donald trump winning the electoral college. there is a lot of hurt and frustration. i think the other element is surprise. just from a social psychological perspective, as humans, we don't deal with surprise well. in the polls and pundits, we
12:07 pm
forecasted a hillary clinton win. it was not just jarring that your candidate didn't win but that the expectations were such that hillary clinton would win that i think that is part of what is motivating this jarring sense of loss. >> if not tragedy for those who supported hillary clinton, going through that arc of realizing, accepting and moving forward. one 65-year-old protester we heard from said she hadn't participated in protests since the 1970s. according to the associated press, they spoke to her, she described herself as an arm chair liberal, but declared, "i'm not going to be arm chair any more." when you look at this, what do you make of this energy, this multigenerational reaction to the results of the election? >> it reminds me a little bit of 2000 when george w. bush, as you
12:08 pm
may remember, won the electoral college but lost the popular vote. people could swallow that pill because they knew george w. bush, they knew the country was in relatively good hands from a policy standpoint with respect to his temperament. i think the shock here is that most people said there is no way donald trump can be president because of the temperament, because of all the categories that he offended just going down the list, whether it's the gold star families, people with disabilities, women. it goes on and on. the real question is what do you do next? this is the beauty of the democratic system. a lot of democrats out there should be reminded that they have a voice in the united states senate. a lot of democrats should be reminded of the fact come 2018 there's going to be a pretty aggressive midterm election cycle.
12:09 pm
>> really good points. how long will we see these rejections of the election outcome? put in context, we can go back to the '60s we have lbj. we have nixon where we saw protests for one or two years related to that president. how long will we see this? is it going to be 2018, 2020? >> it may be. it's going to depend a lot on what trump takes the presidency. is it a trump that stays true to his campaign promises, stays true to his campaign rhetoric? if that is the case we will definitely continue to see these protests. if we see a president trump who comes in and rolls up his sleeves and says that was rhetoric i used to get elected. now i know i need to compromise and get stuff done. i'm not going to go after the
12:10 pm
combative policy measures or deport everybody. it may tamp down, but there will still be frustration. that frustration, i think we are going to see bubble up in the 2018 midterm election. >> go ahead and react to that. how can he camp down some of this energy right now by directly saying, for instance, i do not stand for these things i said before? also rejecting some of those racist means that have come out across the country we've been reporting on. what can he do to turn this around right now? >> that was going to be my next point. a perfect question. this is a story that is unfolding in front of the american people under different chapters. the first was donald trump's candidacy. the second chapter, i believe, which donald trump can control is his inaugural address. how does he bring people together. the first chapter is first 100
12:11 pm
days of a policy standpoint. what are the positions he takes? one the deficit. one the appeal of the comfortable health care act. infrastructure and energy. the next chapter becomes 2018. donald trump can control the narrative here. he can control whether or not he brings people together, not only from a policy standpoint but a presidentialstandpoint. >> his cabinet slelections included in all of that. >> thank you. >> it's time to bring the country together. >> as the trump transition team begins to vet candidates for the president-elect's cabinet, trump and his family sitting down for their first televise the interview, trump shedding light on clinton's difficult phone call. >> hillary called. it was a lovely call. it was a tough call for her. i can imagine. tougher for her than it would have been for me.
12:12 pm
for me it would have been very difficult. she couldn't have been nicer. she just said, congratulations, donald. well done. >> kelly o'donnell covering the trump transition for us today joins us from washington. we've got the protest we are watching right now and these key questions. who is he going to put in the cabinet? what are you hearing? those are interlinked. >> what i can tell you is our reporting shows that there has been a plan that has been a work in progress where those top cabinet positions like 15 different positions for each of those, a few different names have been collected. there has been what's known as sort of a public source vetting, meaning taking available information that is out there about a figure. it could be everything from past statements they've made, available google search information, that kind of thing, and then there would later be a private source vetting, which would include asking them for personal information much like
12:13 pm
what we saw during the vp search where there are different phases of this. in terps of picking expertise, it would be from what we're getting a handle on now, a combination of some of the loyal figures who have been around donald trump being offered for consideration in a number of these positions. everything from chief of staff through what's known as the top four, secretary of state, department of justice, secretary of defense. and so it's one of those things where we don't yet know what donald trump is going to do. my reporting tells me he has not yet been offered sort of the dossier on each of the potential choices. there's limited time. he's got to get something going quickly. he has yet to name a chief of staff which is usually the first step. in place of that he formalized and retooled the transition team putting his vice presidential choice of mike pence in charge of that. he's one person in this group who isn't looking for a new job.
12:14 pm
he's alreadyot one. >> the transition team no longer in transition as we were watching towards the end of the week. that question here, is he going to go for establishment or nonestablishment? those that had been local. reince priebus also being discussed. any names you heard specifically? establishment/nonestablishment? >> there are a list of names. i always caution what is true, not true, what is being floated in order to elicit an invitation to be vetted, and what's real. we do know some of the top people around donald trump are under consideration. i'm told reince priebus was the suggestion of speaker ryan and imageer leader mcconnell for that chief of staff job because
12:15 pm
he has those established relations. positions for attorney general, could that be chris christie or giuliani? defense, jeff sessions is a name we're hearing. he was the first senator to endorse donald trump. he has a lot of interest in that beings we're told. showing interest in it, being willing to serve, all things have to line up including who does donald trump want to have around him and who does mike pence feel comfortable working with? there are a lot of tough choices and big choices to make. >> thank you for your reporting there. kelly o'donnell in washington, covering transition of president-elect donald trump. republicans will soon control the white house and both chambers of congress. will the party be able to come together at the end of the day? 7 days ago, karen wasn't thinking about joining her daughter's yoga class. she was thinking about her joints. but now that she's taking osteo bi-flex, she's noticing a real difference in her joint comfort.
12:16 pm
with continued use, it supports increased flexibility over time. "she's single." it also supports wonderfully high levels of humiliation in her daughter. "she's a little bit shy." your joint comfort can be your kid's discomfort. try osteo bi-flex ease. our 80% smaller tablet. osteo bi-flex. made to move. but dad, you've got...tes are probably gonna double. allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. it's good to be in, good hands.
12:17 pm
the search for relief often leads here.s, introducing drug-free aleve direct therapy. a high intensity tens device that uses technology once only in doctors' offices. for deep penetrating relief at the source. new aleve direct therapy.
12:18 pm
12:19 pm
paul ryan's relationship with donald trump has been strained through much of the campaign. now they are hoping any more contention is kept out of the public view. >> i think most of the things thats's likely to advocate we'll be enthusiastically for. where we have differences of opinion, i expect to discuss them privately and not hashing them out in public. we're going to, i think, be in enthusiastically supportive almost all the time. and where we'll have differences, we'll talk about them privately to work them out. >> mitch mcconnell speaking there. let's bring in former representative nan hayworth. matt, let's talk with you. you just wrote a piece how this might play out, establishment versus the shake-up, how mitch mcconnell, leaders of congress,
12:20 pm
the speaker, paul ryan will be working with the president-elect. what do you think how they are going to work together? will it be behind closed doors? >> it's behind closed doors till it's not. we have a couple of indications early on what this will look like, this dynamic with trump and ryan and mcconnell. the first one is this december spending deal. we have december 9th spending deal between ryan, congress needs to fund the government and they want to use long-term spending deal that would kick these decisions way out until october, whereas a lot of conservatives want a continuing resolution a couple of months and that would allow a new president trump to make these decisions and sign off on a bill that could be conservative. it could cut spending, defund
12:21 pm
planned parenthood. we'll get an indication where long is leading. >> the question of who will be in the cabinet. that will be the first indications where he will be. is it trump the democrat or trump the republican? or something in between here. when you speak with some establishment republicans, they really are waiting at this moment whether they are going to put their toe in or not. what are you doing? >> all along i've been an advocate for electing our entire republican ticket including mr. trump and vice president-elect pence. if we are going to accomplish our goals, we had to have alignment between congress and the white house. i think it's incouple bept on all of us. donald trump has set an enormous task for us.
12:22 pm
because the american people set it for us. we have to have everybody pulling together because we have a lot to accomplish for every member of the -- every demographic grurngs every citizen in this society. >> as he a lines here do you see him putting in potentially centrist democrat somewhere in his top staff here to say we're together? is that possible? >> i think that could be a very wise thing to do, yeah. we are together in this. what donald trump did, as you know, richard, he brought in an enormous sint si that has voted with the democratic party many times over the years. the working folks in the rust belt in particular. folks in unions who need to be brought into the mix. >> that haven't been heard. >> have not been heard by democrats in particular. that's why donald trump won. >> both sides. we are seeing that alignment in both parties. >> since we are talking about
12:23 pm
both sides, senate candidates, those who rejected trump, they lost. those who supported him, they had coattails. they won. what's the take away for you here on how republicans at this moment realign themselves as nan has been saying? where does that end up? >> those are some tougher races. a lot of those were republicans who said they weren't going to support trump because they were in a tough race where trump was unpopular. where does the republican party realign itself? that's a good question. one thing you can say, the republican party's governing philosophy seems to be like a biker gang. it's who wins, king of the hill. >> i would disagree with that. >> when paul ryan was asked the question, is donald trump qualified to be president in september his first answer was, he won the nomination. that's where the republican
12:24 pm
party is at at this point. we're thinking, how do we move forward and who is going to be the power center? well, we have one here. donald trump won. i think it's his party to make it what he wants. >> how this is different or the same than the tea party wave we were watching six years ago? >> the similarities are in both cases, it was the american people who ultimately all of us pay the price for bad legislation, for things that impose costs and burdens on us. the same folk whose said the affordable care act is not going to be affordable, and they were right, were the essence of the tea party movement. donald trump's voting electorate in this election where people said we can't afford to keep doing what we've been doing. working americans are the ones paying the dearest price. if if everybody is aligned, and certainly established republicans, conservative
12:25 pm
republicans can get together with folks who are advocates for america's workers in ways they wouldn't seem to have been aligned but are because we need regulatory reform and tax relief and get the economy going. everybody will find a role in that. >> both parties trying to understand the answer to that question. thank you so much. thank you for stopping by on this saturday. how could the polls have been just so wrong leading up to tuesday's historic election? did those same polls hint at a trump victory months ago? about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. -sure. you seem knowledgeable, professional. would you trust me as your financial advisor? -i would. -i would indeed. well, let's be clear, here. i'm actually a deejay. ♪ [ laughing ] no way! i have no financial experience at all. that really is you? if they're not a cfp pro, you just don't know. find a certified financial planner professional
12:26 pm
who's thoroughly vetted at letsmakeaplan.org. cfp. work with the highest standard. g new cars. you're smart. you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is, and you can connect with a truecar certified dealer. now you're even smarter. this is truecar.
12:27 pm
12:28 pm
2016 was a change election, but a change to what? for the next four years on the lead-up to 2020, how the white house's campaign will have to be very different from today. one of the leading paradigms facing existential questions,
quote
12:29 pm
polls. how can polls accurately measure what likely voters are thinking? they did not do well this year. why? one phenomenon to consider here, the bradley effect. that term was first coined 35 years ago when african-american tom bradley, by the polls, looked to be a shoo-in for california's governor. only he lost. some political scientists reasoned thereafter voters were saying yes to pollsters over the phone or in person, but when in the polling booth with nobody around, could not and did not vote for an african-american candidate. with donald trump, it could have been something similar. when asked by a pollster over the phone, donald trump supporters did not admit their support for trump. when in the voting booth with nobody around, they instead did vote for donald trump, a reverse bradley effect, if you will. we saw hint of this during the primaries. 538 found trump polled six
12:30 pm
percentage points lower on average in live interviews compared to digital polling where they didn't have to talk to anybody. perhaps why his surprise win in the primary and later in the general just days ago. voters sing one thing, but doing another and in big numbers. joining me is john meechum. thank you for joining us. didn't we see a reverse bradley effect this year that favored trump? >> i think we also saw polling itself became part of the establishment, that the trump vo voters some accounted for in the system and some unaccounted for in the system were rebelling against. i remember talking to the governor of a southern state right after his republican primary. he thought the computers were malfunctioning because precincts that produced 70 or 80 republican voters and 12-8 were
12:31 pm
producing 700 and 800 voters. he expressed extraordinary surprise because he knows those precincts. people were coming out, coming into the system who had not been accounted for. polling is, as you know, a clinical enterprise in what is fundamentally a human and emotional business. we have not had as emotional a figure as donald trump in many generations. >> how do we measure that emotion? did hillary clinton, did here face that dynamic that tom bradley did? some not wanting to vote for a woman as president? >> i've been struggling with this for -- i'm the father of daughters -- been struggling with this for six days like the rest of us, five days. my own view is that it certainly played a factor, but secretary clinton had become by virtue of her 25 years in national political life, an emblem of the
12:32 pm
establishment that trump was running against. so my own gut, and it is gut because we've proven the data does interest have a hell of a lot to offer. my gut is that it was more about her experience, her seeming intractable place, intrinsic place in the eablishment that probably hurt her more than her gender. >> exit polls showing that hillary clinton lost in areas we actually thought she would do well in, minorities and women. why did women not support her in this case? as strongly as african-americans did for president obama? >> sure. i think identity politics were weaker. i think many women, and i know this, i teach at vanderbilt and university of the south, i know that younger women in particular, the idea of the first female president resonated
12:33 pm
very, very little. i think part of the reason, particularly on the younger women, they have grown up with a normalized broken glass ceiling. they broke up with barack obama as president. the rest of us did not. that was extraordinary. so the glass ceiling effect certainly had much less tangible results at the polls. that's an undeniable fact. though let's be clear, she is winning the popular vote, so i think if if the last five days taught us anything, superlative certain statements about this electorate are way premature. >> and the data is proving that out. very interesting in that idea of post feminism ideologies of most younger based on modern history. jon meechum, thank you so much.
12:34 pm
we have breaking news. we are watching this. four americans killed in a suicide bombing on a u.s. military base in afghanistan. we'll get the latest after this. what are you doing? getting your quarter back. fountains don't earn interest, david. you know i work at ally. i was being romantic. you know what i find romantic? a robust annual percentage yield that's what i find romantic. this is literally throwing your money away. i think it's over there. that way? yeah, a little further up. what year was that quarter? what year is that one? '98 that's the one. you got it! nothing stops us from doing right by our customers. ally. do it right. let's get out of that water. clean better than a manual... electric toothbrush was going to ally. do it right. he said sure, but don't just get any one. get one inspired by dentists, with a round brush head! go pro with oral-b. oral-b's rounded brush head cups your teeth to break up plaque and rotates to sweep it away. and oral-b crossaction delivers a clinically proven superior clean vs. sonicare diamondclean.
12:35 pm
my mouth feels super clean! oral-b. know you're getting a superior clean. i'm never going back to a manual brush.
12:36 pm
such a funny little hero ♪ ♪ but till you came alo♪g ♪ we counted on our fingers and toes ♪ ♪ now you're here to st♪y ♪ and nobody really knows..♪ zero really can be a hero. get zero down, zero deposit, zero due at signing,
12:37 pm
and zero first month's payment... ...on select volkswagen models. right now at the volkswagen sign then drive event. we are watching this breaking news. four americans killed this morning, including two soldiers when a taliban suicide bomber dressed as a worker blew himself up inside bagram air field in kabul, afghanistan. another 16 u.s. service members were injured in that blast. that base was put on lockdown following the attack. post election tensions have only increased in the last few days. protesters hitting the streets around the country. several incidents of muslim women wearing hijabs being assaulted and robbed after results of the election were announced. fellow institute for social policy and understanding.
12:38 pm
good to see you both here. the poverty center reporting 200 incidents of hateful intimidation and harassment since the election. how do you put this all together? what are you seeing right now? >> the single most common fear from every muslim is what do we say to our kids? what's going to happen in schools and with the young people? the reports are alarming. a lot of pundits have been saying when trump wins he will not unleash violence. this has been happening a long time. many are explicit trump reporters. the fear is it's only going to get worse because some of the people in trump's base are explicitly racist and anti-muslim. the people he's allying himself with and aiming for cabinet positions are anti-muslim radicals. he is looking to put a publically acceptable muslim face on this. >> you are a supporter of donald
12:39 pm
trump now. you did change your stance on that. put that together, please, if you can with a recent report that showed crimes against muslims increasing 78% from 2014 to 2015. >> i think we are here at the republican muslim coalition trying to engage with the trump organization to get muslims involved in their party to change the rhetoric. i think the spike in hate crimes must be reported to local law enforcement. the only way to resolve it for good is for muslims to get involved within the republican party and change their mindset about islam and muslims. >> how do you discuss this and do this? go back to march when donald trump was saying, "i think islam hates is." >> obviously, he has toned down his anti-muslim rhetoric quite a bit since he started the campaign. we need to look beyond that and focus on the larger issues facing the country.
12:40 pm
the reason i voted for donald trump because i was interested in his successful business background and how he will turn the economy around, how he will be focusing on job creation and less taxes for everyone. those are the real issues that we are facing as americans, not just muslims, but all people. it's sad to see the violent protests that are going on. it's not just the muslims. there are minorities who are scared. a lot of people that are facing fears are primarily liberal democratic voters who were scared into voting for clinton. now they are trying to recover from that loss. >> we are not seeing violence in many of these protests. they've been peaceful, to make sure we hit that point here. >> i'm from portland, oregon, and there was violence there. >> specifically, they are not all that way. how do we discuss this with young muslim children? >> we discuss it by pointing out facts. there is a political party that has been taken over by a man i
12:41 pm
consider to be a fascist. i don't think there is any point engaging him. i think he's looking to use people like saba to put an acceptable face to say look, i have muslims supporting me, how can i be an anti-muslim bigot? i find this to be defenseless, harmful. democracy requires human decency which he is not interested in. clinton won the popular vote. a lot of muslims came out and voted. people are supporting us. yes, the fact is there is a political party that's been hijacked by extremism. there is another political party standing up for us. we have a lot of allies and supporters. it's important to remember we can stand up against bigotry without becoming tools for the enablement of bigotry. >> i don't think that is fair to say that. republican party as a place for all minorities including muslims. i felt welcomed by them. instead of demeaning each other
12:42 pm
we can focus on the larger issues facing americans and work together. i hope that muslim community will get over its fears. instead of playing the victim game engage with the trump administration to make policy changes. we can't complain in our homes. he will be president-elect for the next four to eight years. you cannot afford to ignore him or his administration we have to accept him as our president and support him to the best of our abilities. >> thank you so much. we have to leave it there. next we'll look at some of the asian american whose made history on election night. we'll also be bringing you "morning joe's "snmt interview with michael moore. interview w michael moore. interview with michael moore. "interview with michael moore. interview with michael moore. wait...is this where you typically shop? you should be getting double miles on every purchase!
12:43 pm
switch...to the capital one venture card. with venture, you earn unlimited double miles on every purchase, everywhere, every day. not just ...(dismissively) airline purchases. seriously... double miles... everywhere. what's in your wallet?
12:44 pm
12:45 pm
♪ ♪ ♪ is it a force of nature? or a sales event? the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. (bing)
12:46 pm
some minority candidates won. potentially 18 as one race is still being counted right now. women in this group hitting a record. joining senator mazie horono of hawaii, and kamala harris and tammy duckworth also with a senate win there joining me, good to see you here. what does this record say about the overall electorate? >> what it says is we are at a historical moment. the elections surprised. many people thought people of color would deliver the presidential election for hillary clinton. clearly, there's a lot of progress being made in terms of getting more latinos elected to congress. this is the future not only of
12:47 pm
the democratic party. most of these were democrats, but also of america. >> and kamala harris, attorney general of california, not hawaii. she is one i just mentioned. we also have washington state democrat. the first indian americans to be elected to congress and making history is florida's stephanie murphy, the first vietnamese american woman to gain a seat. when you look at api candidates and how they've done well in these elections, they've done well in districts with few minorities, consistently. >> yes. that's different from the latino and african-american populations. for those populations, members of congress typically come from majority latino or majority black districts. this brings up the question of representation. we've seen a lot of talk about representation of asian americans in the media. people saying there is not enough representation there. not enough representation in corporate boards. we are starting to see progress
12:48 pm
in congress. there is still a ways to go. we have about 3.5% members of congress who are api. that's about the share of the voting population so far. >> stick with kamala harris. mother jones released a list of 11 people they think could defeat donald trump in 2020. kamala harris' name on that list. she drew headlines in california when she officiated at the same-sex marriage of two women who fought that right defeating proposition 8 in california. she is the daughter of immigrants in jamaica and india. what do you make of her? is she thatace of the democratic party that has been asked that question who will be that face? is she one of those? >> in many ways you can see this generational passing of the torch with this election year. kamala harris represents not only the potential future of the democratic party, she is multiracial. barack obama was, as well, but
12:49 pm
her dad is jamaican. her mom is native american. in many ways represents what this country is becoming. california is already ahead of the curve and we'll start to see that diversity in the rest of the country. >> we were talking about asian american women in congress. that being a record. but when we put it all together here, women did not gain or lose in the total count for january. women of color, as i mentioned, did make history. record 38 will be serving in congress. glass ceilings have been shattered, as well. this despite hillary clinton at the top of the ticket not winning. what do you make of women of color in congress and their success so far? >> when you look at the democratic party, the so-called gender advantage they found in terms of voting has been concentrated among women of color. it's not surprising that when you're seeing advancements in terms of women and representation, a lot of that in the democratic party is coming
12:50 pm
from women of color. but i think it will be exciting to see. in addition to all the history making that's happening, this is the most ever indian americans getting elected to congress. in many ways, you can populatio trends. indian-americans are fast growing and we'll continue to see more asian-americans and women of color, latinas, african-american, asian-american women, inspired by these examples to run for office. >> and korean-americans doing well in politics and media. another segment you and i will have to sdhadiscuss that one. thank you, sir. >> thank you. and next, mixing family business and politics. the role that donald trump's children may play in forming their father's administration and how their new role could also create controversy along the way.
12:51 pm
12:52 pm
12:53 pm
welcome back. when the prime minister silvio
12:54 pm
berlusconi was a multibillionaire owning three major media companies and immediately accused of a major conflict of interest with dual roles and a media mogul. later reduced because of calls. some are making the same comparison to donald trump who says he's transfers his assets to a blind trust run by his eldest children. same children named to his team earlier. doesn't seem like it's a blind trust and why not just sell or have somebody else run this? >> two issues here. one is a blind trust, you're not supposed to know what's in the trust. a problem even if trump didn't want his kids running the business. trump owns a number of very physical, visible real estate. enormous tax. and would know his assets and
12:55 pm
undertake policies to make those more valuable. the issue, a blind trust manageed by an attorney remote from you, doesn't take orders how to invest it. his own children are not disinterested from him and likely to be simultaneously involved while in office. >> what's the check and balance? that he'll do the right thing? >> there is none. just a matter of public opinion. no law forbids him from having business activities. congress would have to pass one and have to get him to sign it. a lot of these things in american politics are governed by norms donald trump ripped up. no law said he had to release tax returns. donald trump refused, made up a nonsense excuse why. >> and won't see his tax returns most likely at the end of the day. >> yeah. the economy, something we'll watch carefully. his business decisions. the market had a hiccup on the day of and now are like, hey, we like this. >> a very strange thing.
12:56 pm
overnight even when the stock markets closed, traded futures, it can move in the middle of the night. when it was clear trump would win, markets cratered. dow down almost 1,000 people, then rebounded and opened higher the next day. started going up after donald trump said nice things about hillary clinton, in his acceptance speech and allegedly going to try to be less divisive than during the campaign and subsequently you saw statements from democrats basically treating this like a more or less normal election outcome saying they're prepared to work with donald trump on areas of agreement. the markets were afraid of uncertainty of chaos that could be caused why trump win. things look a little less chaotic in the days after the election, and if you don't think trump will create a huge mesa number of reasons to think he could be good for stocks. cut corporate taxes, making stocks more desirable. cut other taxes than corporate
12:57 pm
taxes. both might caught the economy to grow faster, more job creation, creating more demand, making companies more profitable. that's why the stock market bounced back. >> and days since elected. see what happens. >> yes. >> thank you. next hour, going back live to trump tower, protestors gathered for a fourth day. stay with us. the pursuit of healthier. it begins from the second we're born. because, healthier doesn't happen all by itself. it needs to be earned every day. using wellness to keep away illness. and believing a single life can be made better by millions of others. as a health services and innovation company optum powers modern healthcare by connecting every part of it. so while the world keeps searching for healthier we're here to make healthier happen.
12:58 pm
12:59 pm
1:00 pm
80% of recurrent ischemic, strokes could be prevented. and i'm doing all i can to help prevent another one. a bayer aspirin regimen is one of those steps in helping prevent another stroke. be sure to talk to your doctor before you begin an aspirin regimen. a very good saturday to you. thanks for sticking with me. i'm richard lui at msnbc headquarters in new york, watching thousands protesting at trump tower. a live look at new york's fifth avenue filled with demonstrators not very happy with what happened at the election. protests from coast to coast. arrests made. at least one man shot, all of