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bell dinging new febreze car with odorclear technology cleans away odors... ...for up to 30 days smells nice... breathe happy, with new febreze. and a very good sunday for you, i'm richard lui in new york city. thanks for joining us. this is going to be a critical week in the health care showdown. republican senators unveiling the version of the health care bill on thursday and both sides of the political aisle criticizing that piece of legislation. majority leader mitch mcconnell says he wants a vote by the end of the this week. this as four republican senators released a joint statement saying this, "we are not ready to vote for this bill." >> i think there's a bill that all 52 republicans agree on if they keep narrowing the focus. they've promised too much. they say they are going to fix health care and premiums are going to go down. there's no way the republican bill brings down premiums. it's a foolish notion to promise
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something you can't provide. >> we should be voting on this next week, no way. >> are you going to work to stop a vote next week? >> i have a hard time believing wisconsin constituents or even myself will have enough time to properly evaluate this for me to vote for a motion to proceed, so i've been encouraging leadership, the white house, anybody i can talk to for quite some time. let's not rush this process. >> so far, if you count, five republican senators openly saying they cannot support the bill. democrats in complete opposition with more than two republicans vote no, the bill doesn't go. joining me now, congressman raul ruiz, democrat of california. thanks for joining us here. representative, when you're looking at what you're seeing here, at least in the senate and these five, at least five, republican senators they are not going to go for it, is this merely from your perspective bargaining, trying to get a good deal for a piece of legislation for some pork? >> i think some of them are
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bargaining. they are -- they've understood the art of negotiation, but i also think that it's a hard sell for many of them, especially those republican senators that represent states with republican governors who have come out and -- against the repeal of the medicaid expansion, because they know that in their states, millions of people will go without health care. >> you've looked at it. have you read the bcra? >> yes, i've read the bill. i'm very concerned. as you know, i'm an emergency medicine physician. >> i do, i do. >> this goes beyond politics. this is me as a physician and human being, i am really nervous about the millions of people who rely on that medicaid expansion. i'm really concerned about those that are age 50 to 64 who are now going to have to pay a lot more. i'm really concerned about people losing the essential health care benefits like emergency care, mental health, maternity care, coverage for
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pharmaceutical drugs. this bill does nothing to reduce the cost of medication. in fact, it gives tax breaks to pharmaceutical companies. >> i had an estimate and, of course, this individual in the health care industry did not work for the cbo, but he was telling me in the last hour he guesses from 23 million in the republican house bill, we're going to have 10 to 20 million is what his guess what. is that your sort of thought as you look at this as also a practitioner? >> you know, yes, absolutely. if it's 10, 15, 20, 40 million, we're talking about tens of millions of people are going to lose their health insurance and that's no joke. listen, president trump called the house bill mean. this is more than just mean. this is cruel and deadly. and let me tell you why. i took care of a 55-year-old woman who came in bleeding, was admitted to the hospital even though she was uninsured, and she was diagnosed with advanced cervical cancer. she died six months later,
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despite chemotherapy and everything that physicians can do, because she did not have health insurance that would have covered her routine pap smears that would have caught the cervical cancer early, removed it, and which could have saved her life. so, talking about removing health insurance or taking it away from millions of people, it's talking about putting many of them to a death sentence. >> this is a question for both sides, and this is for both republicans and the democrats. when you're looking at both your side of the house, as well as the others, are democrats ready to actually work on something to help folks that need coverage, or is this more a question of a political win or getting what you want? >> you know, this is not about republicans or democrats. i'm an emergency medicine doctor. i've seen democrats and republicans come in the emergency room in pain and suffering and i take care of them. this is about giving relief to millions of people that need the care that they need, when they need it.
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listen, we have been willing to work all along, and we have been saying that we need stability to the health insurance market. we need to enroll many young and healthy individuals as much as we can to bring down premiums. we need to reverse the decisions that the house republicans have made to top cost-sharing subsidies. we also need to implement programs republicans have stopped, which is the health mitigation risk of programs so we can bring stability, bring down premiums, and help people get the insurance they need. >> thank you so much, congressman raul ruiz from california. thank you, my friend. let's bring in health care reporter katelyn owens, erin dellmore for bustle.com and elise jordan, a former adviser to senator rand paul's campaign and "time" magazine columnist. elise, which of the five senators that have openly said they are against this is really against this, if you will, not
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in the bargaining space, axios was writing this morning senator dean heller was just trying to get something done, a little pork. >> you know, i really don't question the sincerity of the senators who are coming out and opposing. and you see how these are some staunch conservatives and then more moderate gop senators that we don't know where they are aligned. senator rand paul is going to oppose the bill. >> that's one person you know. >> it's amazing to work for someone who is so principled, because it's easy to say this is what he's going to do based on what his principles are, in this specific scenario. but this is disgraceful this is the best that gop congress put out there, nothing to attack the crony capitalism that is so embedded in the american health care system. it's been stunning. >> that has been a consistent criticism, this really helps all
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those who are moneyed in health care. >> this is a huge tax cut for the rich. president trump came into office, this wave of populism, yet what does this do for his staunch supporters in the middle class? >> does that hurt him, hurt him, president trump, he seems to be forgetting he's made this commitment and is a trillion dollars basically on the estimates so far that are going to help the wealthy. >> the promise that brought president trump into office, as well as many congresspeople is the promise to repeal and replace obamacare. problem is, not just democrats saying this is not an obamacare repeal bill. it's people on the right, too. that's why you have the four senators who stood up and said we can't support this, it doesn't fulfill the promise we made to our voters and while mitch mcconnell said he's willing to amend the bill, the problem is, those demands are incompatible. >> as a health care reporter, what are you focusing on in all
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those pages? i've asked just about every representative that's come on today over the weekend, have you read it. i get a 50/50. >> yes, yeah. that's a good question. it is 140 pages, 142, i think, to be exact. but, yeah, i read through it right when it came out. there's a few big things in there. how does it handle the obamacare regulations. there's a lot of talk about pre-existing conditions, a lot of talk about that in the house bill, and that ended up getting changed, the pre-existing regulations, to pass the bill in the house, so i was curious how the senate handled that, and medicaid. medicaid is huge. this bill, it's bigger than what it does for the individual market, is how it changes medicaid. it switches it to a per-person funding system, as well as phases out the expansion. as you know about 32 states have taken the expansion, so it has huge consequences. >> elise, you've gone through this before. the cbo score is going to come out monday or tuesday, who
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knows, earlier in the week, then the tweaks. so that number will be different, actually, in the end. what tweaks might they make after the cbo score is given? >> you know, i'm watching eagerly to see which block is going to be the most important here, keeping moderate republicans or trying to pull in the conservative wing. because right now the vote really doesn't seem to be there and seems the bill has done an awfully good job of alienating a lot of the gop coalition that you need if you are going to pass this bill. >> so who knows, right, who they are going to go after to get the votes that they need. do they look across and go freedom caucus, they are being kind of quiet right now, should we build that in to some of the tweaks we need to have, understanding that they've got to sell it to them? >> here's the problem. when you can only lose two votes, you have to decide whether you're going to amend your bill further to the right to please the conservative side of the party or whether you're willing to go after the
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moderates, and think about all the republicans elected from states whose governors chose to expand medicaid. those constituents could see health care decrease and premiums go up, and those people, especially the senators up for re-election, have to decide, are we willing to go against the party or the voters, which backlash could be worse? >> after cbo changes, that's one of the questions, i think, a lot of people are wondering to try to get votes here, katelyn, and as you have seen with other bills that have been put out both by the house and the senate, what do you think is going to happen? give me the cbo score estimate if yu got some and some of the changes you might see. >> as you know, it's hard to predict what cbo is going to say. this is complex stuff how it interacts with one another and there are big differences from the house bill in terms of the way the tax credits are structured and the medicaid funding, the way it's funded. i mean, i've heard some guesses it's in the ballpark of at least
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15 million uninsured still. i think the way that it's written, i think it will meet the budget requirements for the bill to be able to be passed under the rules being used, but then the question is, how much of that leftover money, how much of the budget savings do they take and put it into things like funding for the opioid crisis. so, again, what we're going to see is a cbo score and then based on what the estimate says, yeah, that's when all the last minute tweaks are going to come in to make the bill as palatable as possible for the swaths of the republican conference. >> as your organization is saying when it comes to dean heller, all about the nuclear dump. is that what it is? >> i think that's part of it. again, dean heller got up there and stood next to his governor and said these medicaid cuts are unsustainable for the state of nevada. the governor came out pretty strongly against them, so i think it's hard as you know that once you make some changes for one member like dean heller, you
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lose other members who are more conservative, pat toomeys, tom cottons, who want to see the medicaid cuts because they say it makes the program more sustainable. i don't know. i think it's just a delicate balance. again, the math is all about getting to 50. who can you lose without losing more and who can you gain without losing more than that one vote. >> senator paul saying it's going to take more than a week? >> it should. it should. you're reordering one-sixth of the country's economy. it should take longer than a week. we should be having a robust debate about this. >> last word? >> agree completely, elise. this is a problem that's going to affect so many millions of americans. to rush it through is a disservice to the promise made to them. >> mitch mcconnell will not make his timeline then. what a great panel we've had today. appreciate it. next, president trump blaming former president obama for failing to stop russia's meddling in last year's election. now others are weighing in on the former president's actions. listen up, heart disease.
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up to 90 e-mail accounts out of 9,000 impacted by friday's hack. as a precaution, officials shut down remote access to the e-mails of government members and their staff. normal service is expected to resume on monday and according to a spokesperson, the parliamentary network was compromised due to a weak p password. okay, president trump going on an all-out twitter offensive saturday night placing blame on the obama administration when it comes to the russia probe and also seems to acknowledge that russia, indeed, was involved in u.s. election hacking. here's part of those tweets. "since the obama administration was told before the 2016
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election that the russians were meddling, why no action, focus on them, not t." in another tweet, obama official said they choked when it came to handling russian meddling in election. they didn't want to hurt hillary. you got the sense. nbc's kelly o'donnell at the white house. you and i understand the tweets we were eluding to here. when we think about the russia situation, what is the perspective from the white house right now? because we are getting that shift to, it seems, an acknowledgment that, yes, it did happen. we didn't have that on thursday. >> reporter: the president is sort of embracing the idea in subtle ways through tweets saying that there was russian meddling. that moved the ball a bit. previously he'd been saying other countries could be responsible for it, as well, and even sort of a hacker in a basement kind of thing. he has moved in the way he's
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descri describing it. part of that is this trump white house has felt under siege in things related to russia in the investigative way and how that's been politically such a drag on their ability to get things done and now the president has a way to steer the conversation away from his own top aides or the conversations that had to do with his handling of the fbi director's firing and he's able to sort of put some of the focus back on the obama administration. this comes about -- it started with a "the washington post" story that really pulled back the veil on what the obama administration knew during the election year. of course, after the election, president obama called for sanctions, he expelled russian diplomats, took steps to attempt to punish russia for its interference and hacking in the election, but he did not take that action during the election season. there are reasons for that. the administration officials from that time suggested that the president didn't want to
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appear to be influencing the outcome. they were tough calls to make. because of that, that has opened a way for president trump to be critical of what happened in the administration before. that's the argument he's making. he's getting help from democrats. he doesn't always get that. there's something on capitol hill known as the gang of eight. it is the top officials from each party on the two intelligence committees and the top leadership overall. so the speaker of the house, the leader of the senate, the top people in both parties. they get read in on a level of intelligence that's almost to the white house level and adam schiff is one of those people. he's a democrat on the intelligence committee for the house, and he knew about this last year, as well, and had hoped that the obama administration would do more. he said he urged them to do so. today he was on television talking about that, saying that the public needed more
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information from the obama administration. here's democrat adam schiff. >> the american people needed to know, and i didn't think it was enough to tell them after the election, but rather given the seriousness of this, i think the administration needed to call out russia earlier and needed to act to deter and punish russia earlier, and i think that was a very serious mistake. >> reporter: and so there is a debate over could the administration during the obama years have done more, that will be talked about. for the trump administration, it's an opportunity to say if there's more to russia, it's not just about those in the trump world. and for president trump, that's something he appears to be grabbing on to based on what he's said in interviews and using his twitter feed in the last day or so. richard? >> thank you so much. kelly o'donnell at the white house for us on this sunday. later this hour, a brutal killing 35 years ago this week became a rallying cry for activism. and that case still resinates today with a surge in antiaging
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>> all right. we're going to take you live to new york city. there you can see rainbow flags, colorful balloons. across the country, including new york city, today is the lgbtq community celebrating pride month, june. festivities are still under way in new york city. for instance, long parade route. this year's events have taken on a political tone with many parades focusing on the resistance. participants are trying to counter what they see as new opposition to gay rights, but also resistance from within the lgbtq community. some complain pride events are focused only on gay white men and are asking for inclusion in minorities in the movement. june, pride month across the country on this sunday. next, conservatives are rallying this sunday in washington for free speech. what one of their most controversial members are
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saying. and supreme court drama. waiting for word on president trump's travel ban with speculation growing that one justice may be getting ready to retire. what do you have there? p3 it's meat, cheese and nuts. i keep my protein interesting. oh yea, me too. i have cheese and uh these herbs. p3 snacks. the more interesting way to get your protein. but when we brought our daughter home, that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release
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and welcome back. i'm richard lui at msnbc headquarters in new york city, and here are the headlines this hour for you. senate majority leader mitch mcconnell strategizing to garner enough support to pass the new health care proposal as five republican senators come out in opposition of the bill. now, this morning gop senator susan collins told abc why she is not convinced with the bill's current form. take a listen. >> it makes absolutely no sense to eliminate federal funding for planned parenthood. you can't take over $800 billion out of the medicaid program and not expect that it's going to have an impact. it's hard for me to see the bill passing this week. in pakistan, more than 140 people are dead after an overturned oil tanker burst into
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flames. officials saying the tanker flipped over after the driver lost control of the truck. scores of nearby villagers pushing towards the tanker to try to collect some of the leaking fuel when that truck exploded. conservative demonstrators mobilized in two rallies in d.c. the rally against political violence followed last week's shooting at a gop congressional baseball practice in virginia. blocks away at the lincoln memorial, the freedom of speech rally featured several controversial speakers, including alt-right leader morgan spencer. morgan, tell us more about that conversation and how did it go? >> so, basically what you saw, i want to take you back to those pictures you saw today and those pictures are really describing two duelling ultra conservative rallies. many of the people there, they are specifically described as the alt-right and this is a new movement that started about a decade ago, but they essentially believe in things like
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immigration reform and protecting american jobs, but ultimately this is under the guise of protecting white european identity. so the idea is that they are coming to the front of the lincoln memorial, they are coming just steps away from the white house, and they are saying we have a right to say the things that we're saying. they say president trump's election is really who thrust them into the national spotlight. take a listen. >> donald trump was an indispensable vehicle for the rise of the alt-right. >> do you think this election cycle brought you closer to the mainstream? >> no question. yes, we unquestionably were brought to the mainstream through our support of donald trump and through donald trump talking about our issues. >> okay, so then i talked to the head of the antidefamation league, the ceo, jonathan greenblatt, and he said, look, we have to talk about some of these issues, because if you look at the person who is the traditional alt-right supporter, he said they don't have things
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like white hoods or shaved heads or things you might have associated with traditional and older white supremacist movements, but instead these are guys who are clean cut and targeting young people. they are going to college campuses and using social media. take a listen to what he said. >> does talking about these groups hurt or help? are we giving them a platform by talking about it, or are we simply addressing a platform they already have? >> i think it's critical we talk about the fact that elements of the extreme right are trying to move into the center of the public conversation, but we've got to focus. when we take our eye off the ball, the bad guys move on to the field. can't allow that to happen. >> and it's that idea of allegedly becoming centrist and perhaps appearing on a ballot box that he says is such a threatening idea. >> even the press speaking with them can come into question and it's the question of how do you give them voice, is it proper to give them a platform, those sorts of things if they are so
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far off center. >> that's something we grapple with in newsrooms all across the country, but i think the ceo said it best when he said these ideas are only allowed to fester in the darkness, so we're not giving them a platform, they already have one. and so we're addressing what we know to already be taking place, and that's the definition of news. >> since we got you, the road y reaction to them during those ra rallies. they are both out there, could have a lot of equal and opposite and seems based on what we've seen so far, that didn't happen, right? >> it didn't happen. we saw about a couple hundred people there in general, but what you saw is a group who defines themselves as the alt-right and another group that calls themselves alt-light and they effectively say we agree with these ultra conservative views, but they'll say they are less racist, have views that have to do less with pertaining to the concept of race. >> all right. tough topic, but great stuff, as
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always, morgan radford in studio for us, appreciate it. >> thanks, richard. >> catch more of morgan's full report, don't miss that tonight on nbc's nightly news with kate snow. no word on when the supreme court will decide on president trump's travel ban. the current session ending tomorrow and questions still rema remain. meanwhile, also speculation that 80-year-old justice anthony kennedy could retire. kellyanne conway refused to say if kennedy said anything to the white house about his retirement, but she did say this. >> i can tell you one thing, just as the president did with justice neil gorsuch, whenever there are vacancies, whenever that happens, he will look to someone with fidelity with the constitution, that doesn't make up the laws as they go along and somebody with a judicial temperament beyond reproach, as justice gorsuch. >> joining me now, david leopold. david, okay, so let's try that
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first. you know, we're looking at the number of years that justice kennedy has been on the supreme court, right, and he's at 29. he's above, if you will, the medium by four, five, six years. does that mean most likely he would be the first to retire? >> no. i don't think so. his health is good, you know, and, richard, he's at the pinnacle of his power. he is the court in a lot of ways. he is the pivotal vote on that court. he's the swing vote. he wrote some extremely important decisions. he's upheld the core meaning of roe v. wade over the years, and he's gone the other way on some other cases. citizens united comes to mind first. so he's at the pinnacle of his power. my understanding is he's in good health, but i'll tell you what the real concern i do have here, and that is this. we're going to talk a little about the travel ban, i know, but we see that the courts in
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this country right now under this trump administration are the first line and the last line of defense at the constitution. congress is not really doing its job in counteracting some of the things that are happening, but the courts have been. the appellate courts have been. we need a good strong supreme court. >> david -- >> i would like to see -- >> that's a good question. from what you know about the supreme court, that energy that we're seeing, as you mention the appellate court, in courts all across the country, the lower courts, certainly been palpable, right, that's been measurable. you can see it in their decisions. is that same energy focusing up to the supreme court right now? >> well, we don't know. we have a new member of the supreme court, you know, and i respect justice gorsuch, but, you know, i'm still smarting over the fact that seat was stolen by the republicans.
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that was a -- a -- it will always stand as a stain on the constitution. when they would not allow barack obama to have a supreme court appointment last year. but it remains to be seen. some of these cases may get up to the supreme court on some of donald trump's draconian immigration enforcement initiatives, whether it be the travel ban, whether it be sanctuary cities, whether it be sb-4, that awful bill in texas that criminalizes, criminalizes people who would not turn in immigrants. so, the court may have a lot of action. will have a lot of action over the next several years. we need to make sure, we need to hope, that we have justices that do apply the law. >> david, on travel ban, then, what do you expect to happen this week? do you expect the justices to come out with a ruling on that? >> well, i think the right thing
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to do, richard, is from the justices to decline, not to hear these two cases. you've got a case out of the fourth circuit in which the appellate court threw the travel ban out on constitutional grounds. you've got a case out of the ninth circuit court of appeals where they threw it out on statutory grounds. we don't have a disagreement among these appellate courts, and more importantly, or just as importantly, if this travel ban case goes to the supreme court, by the time the court hears the case, which would be beginning in october, when the lawyers brief the case, there will be nothing to brief, because the whole rationale, the trump administration's rationale, the whole reason for this travel ban against six predominantly muslim countries, is that they want to have a 90-day brief pause, so they say, so that they can review the vetting processes of these six countries.
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now, 90 days, let's remember that the ninth circuit in its ruling earlier this month said, okay, we're going to keep the hold on the travel ban in place, the injunction, but we're going to let the trump administration go forward with its review of vetting. so by the time we get to the fall, that 90-day review will be over. there is no legal or factual basis for the supreme court to make a decision. right, exactly. >> david leopold, great conversation. thank you, sir. >> any time. >> all righty. >> thank you. >> you bet. next 35 years after the racially motivated murder of vincent chin, how it became a rallying cry for asian americans and why that horrifying crime still resinates today. ari melber will be here with "the point," looking at the leaks coming out of washington, why they are good and why they are bad. look closely.
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the investigation into the killing of 17-year-old nabra hassanen is being investigated as a case of road rage, but local muslim leaders are pushing for a hate crime investigation. hassanen's beating reminds many of another case that sparked outrage, the deadly attack on vincent chin, who was also beaten with a bat. that was 35 years ago this week. the time before hate crimes were actually a legal term. in vincent chin's case, it was initially not even called murder or civil rights violation. >> in detroit, two men who beat vincent chin to death because they thought he was japanese were indicted today on federal charges of violating chin's civil rights. >> it's been 35 years since and vincent chin's 1982 killing still reeks of the 1950s pre civil rights era. unarmed, beaten in the street with a bat. one, two, three home run swings
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says an offduty officer, straight into chin's head with a 34-ounce louisville slugger. >> the african-american community probably someone who's akin to vincent chin would be martin luther king jr. for the lgbt community matthew shephard and latinos, ruben salazar, a prominent journalist killed by the l.a. sheriff's department. >> reporter: the night had started with 27-year-old chin out with friends. his bachelor party at a bar, chin then encounters ronald evans and his step son, both auto workers, recently laid off as nbc news reported at the time. >> inside, vincent tangled with evidence. general foreman at chrysler. evans reportedly yelled across the bar at vincent. it's because of -- like you that we're out of work. >> the federal indictment says evans called chin a, quote,
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chink, and nip. a shove, then a fight, then all were kicked out. outside, it continued. evans pulled out a bat and chin and his friends flee. >> vincent chin and jimmy stop running here, sat down on this fence outside mcdonald's on woodward avenue waiting for their friends to come by in a car or taxi or a bus, some way to get out of the neighborhood. >> but they didn't get out and they confront chin there. evans still had his bat and used it to crush chin's skull into the street gutter. later at the hospital, chin's mother lilly sat by her brain dead son. >> i called, vincent, vincent, mama, mama coming. vincent, mama coming. vincent, mama coming. i call him many time. no feeling. >> a year later, a plea deal on the criminal charges. evans and nitz got zero jail
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time and a $3,000 fine. for the chins, vincent died again. but then a surprise. marches in the streets for asian-american civil rights, a first for modern america. sheffield's father, a community leader, helped the detroit asian-american community during the marches. >> vincent chin and what happened to him was a galvanizing moment in the history of that community, and almost a martyrdom, quite frankly. >> a martyr, an attorney who represented the chin family would agree with sheffield. he helped start a civil rights group and is one of the leaders today. >> what's interesting is they were exposed to the movement. they saw those things, and they had within their dna a sense of justice and fighting for something other than themselves. i'm encouraged when i see those legacies continue and the fight go on. >> roland wong's family fights on. on their dinner table, mac and
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cheese and civil rights were part of growing up. flyers next to bowls filled with food. >> 11 years old, 25th anniversary. for tomorrow's event i'll be chaperoning. >> whatever workshops that we've gone to, they were going to as babies, they sat underneath our chairs. they were in the room, they were in board meetings, they were there. they've been there their whole life. >> when asked of their 21-year-old son, could today be put in a similar situation as chin? >> i hope not, but it's always a possibility. >> a higher possibility, actually. reported hate incidents so far this year against asian-americans, which includes muslims, is like post-9/11, almost 500 annually. this according to asian-american, the naacp equivalent for asian-american. >> he would probably always be perceived as a foreigner, by the other, by a certain group of people and that's the same thing we see for many muslim
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americans, south asians, and absolutely among latinos, as well. >> one of the groomsman at the bar that night knew chin since first grade. he still remembers what made chin his good friend. >> i'd walk into a bar meeting him on occasion and he'd be talking and you'd think he'd known these people for a long time. i said how do you know him? i don't know, we just met. he was like that. he made friends easily, you know. this person that killed him is the type of person that you might talk to at a bar and laughing and joking. >> if only evans and chin were laughing and joking together that night. >> he would be 62 like me. he'd probably have kids and grandkids and -- yeah, that never happened. >> ronald evans, the killer, lives now in nevada and is retired. for more on this, go online to msnbc asian america.
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we're learning more about the republican opposition to the gop senate health care bill. this morning on "meet the press," for instance, wisconsin senator ron johnson spoke to my colleague chuck todd about his reaction. >> what i find so disappointing is these bills aren't going to fix the problem. they're not addressing the root cause. they're doing the same old washington thing, throwing more money at the problem and of course, we have all of the inflamed rhetoric. so what i'd like to do is slow the process down, get the information and go through the problem solving process and actually reduce these premiums that have been artificially driven up because of obamacare mandates. >> cnbc contributor ron insana joins us again today. ron, take us through the economic argument against the bill. you heard what the senator said, is he hitting it? >> he's hitting some of it which
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the bill does not address the underlying problems we have in our health care system. whether or not premiums are going up as a consequence of the affordable care act or obamacare. premiums have been going up well above the rate of inflation for decades and i'm not sure if that part is accurate and there is a demographic push in the u.s. as the country gets older, the health care gets more expensive and i'm not sure that's right, but it absolute she does not deal with the underlying causes that we need to address. >> talk about congress, it's exempt right now, right? >> and it will be again if they pass this bill. >> so should they be not exempt from it? >> this is the best employer-sponsored health care we can get because we're paying for it and they are never governed by the very rules that they pass that the rest of us have to follow. that's even true on some insider trading legislation, as well, as we heard or was alleged with tom price. >> we have time for that, too. >> but anyway, with respect to
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this, the house bill in particular exempts them from any changes in their health care plans or their staffs for that matter. they get to live, again, a different life than we do. they're not subject to their own laws. >> 52 republicans in the senate right now, that we understand. the democrats only need three to flip that in term of the outcome of the senate republican bill. what are you hearing from wall street in terms of what they want from this and the bcra. >> as we discussed yesterday. we see the stocks that are going up which are health insurers, drug company stocks, and those investors would like to see the bill of pass or nothing happened because in either case, those companies are all winners. so right now wall street, i think, to a certain extent is agnostic because the less that gets done, they would be otherwise regulated and if it passes, even less regulated than what they are now. >> say we do go to
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reconciliation and we get some form of the 23 million that will lose coverage to maybe as little as -- i shouldn't say as little, but the lower number, 10 million. what will that mean, then, to the economy? >> it's a net negative when you think of the impact on those people who need insurance the most who then can't afford it who have to go back to emergency rooms and there is a stock market investors who as a couple make $250,000 and their capital gains taxes are reduced by over three percentage points. it's ironic that we don't need a capital gains reduction since obamacare was implemented it has almost doubled with the tax in place. it's not like the stock market is struggling and it's not like companies are struggling for capital because the surcharge was put in place. quite the contrary, we've done just fine. i don't think there's that much of a material impact on the financial markets, it really is a net detriment to american people who have been reliant on medicaid and expanded medicaid coverage over time. >> will the economic arguments
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in their purest level be heard by the senate as they're making that decision? should they have a vote this coming week? >> no. is what you're saying? >> i doubt it. >> who is the person to bring it to them. >> this is more an ideological argument than one that has to do with economics. it didn't have to deal with the underlying structure of health care in the u.s. it doesn't deal with cost in any way, shape or form and as we discussed yesterday, richard, this is defunding future medicaid expend churs to fund tax cuts for investors. that's all it is. there's not much else to it that is material from a longer term perspective when it comes to the health care system itself. >> we'll see what the score looks like this week. >> absolutely. >> cnbc's ron insana, thank you, sir. that does it for me this hour on msnbc. find me on twitter and instagram at richard lui.
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"the point" is next with my colleague ari melber, you have a great weekend. u. woah. flo and jamie here to see hqx. flo and jamie request entry. slovakia. triceratops. tapioca. racquetball. staccato. me llamo jamie. pumpernickel. pudding. employee: hey, guys! home quote explorer. it's home insurance made easy. password was "hey guys." it's home insurance made easy. [vo] what made secretariat the grwho ever lived?e of course he was strong... ...intelligent. ...explosive. but the true secret to his perfection... was a heart, twice the size of an average horse.
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i'm ari melber. welcome to "the point" on msnbc and the point today with the point to replace obamacare. can mitch mcconnell build support before this self-imposed deadline? meanwhile, president trump appears to acknowledge russia's meddling in the u.s. election. what will he do to make sure it doesn't happen again, and the point on leaks. we have a special report here that the trump white house vowing to prosecute leakers, but what is a leak and when is it actually illegal? today we'll explore, the good, the bad and where the law actually stands. the story of the republicans seven-year promise to repeal obamacare could come down to the next four days and a lot of people's lives could be affected. mitch mcconnell proposing the vote this thursday republicans saying they can bring around the
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