tv Stephanie Ruhle Reports MSNBC June 29, 2021 6:00am-7:00am PDT
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coverage right now. hi there, i am stephanie ruhle, live at msnbc headquarters here in new york city. it is tuesday, june 29th. we start with several developments in south florida. rescue crews entering day six, searching rubble of the partially collapsed condominium building, despite increasingly long odds. 11 people now confirmed dead with 150 still unaccounted for. the mood growing more somber after crowds gathered for a vigil near the site of the collapse. >> we have people waiting and waiting and waiting for news, that is excruciating. we have them coping with the news that they might not have their loved ones come out alive, and still hope against hope that
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they will. >> and new this morning, "the wall street journal" says the condo board president sent a letter to residents back in april warning their building was in desperate need of repairs, saying $50 million was needed to fix structural problems. saying the concrete damage would multiple ply exponentially over the coming years and observable damage like in the garage had gotten significantly worse over the years. let's get the latest from morgan chesky, and martin desolo, "miami herald" reporter that's not just a member of this community but of course covering this story. morgan, we are hearing more signs that there were structural issues leading up to the collapse and all sorts of warnings. what are you learning? >> reporter: stephanie, in fact, just finished talking with a resident that would have been at home during the night of the collapse, but chose to watch a soccer game at a friend's house. i said did you see signs there
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were issues. they said for months now he had cracks on his balcony, neighbor's balcony, down in the garage as well. we saw that reflects in that 2018 report that was taken as part of recertification process that identified significant deficiencies in and out of the building, particularly in the concrete pillars in the garage and in foundation area near the pool where we've heard that a resident saw a sinkhole, called her husband to tell him about this when her line went dead. they're getting federal help, steph. a team of building specialists that investigated the collapse at the world trade center are on site, preserving, gathering evidence, calling this preliminary study to see if they need a deeper dive into the cause. this is in addition to local investigations that are also ongoing. as it stands, the focus of all
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of the emergency personnel remains search and rescue and they're not calling this recovery mission just yet. >> morgan, emergency radio traffic has been obtained. what do they reveal? >> reporter: it reveals a scene that stunned even the first responders who were some of the ones who witnessed the aftermath here minutes after this took place. i want you to hear radio traffic with a firefighter that arrived on scene. take a listen. >> i see many people on the balconies, the building is gone, there's no elevators. it's justnothing. it almost resembles the trade center. >> reporter: you can hear the gravity of the situation sinking into someone who deals with emergencies day-in and day-out. the gentleman i spoke to who was supposed to be at home says he passed by the site, he had a chance to look up, he can see essentially his apartment sheered in half. he has a rug of his hanging over
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the ledge into the void that used to be where the building stood. incredibly heartbreaking scene. again, 150 people still missing somewhere in the rubble a few blocks behind me. >> martin, we keep hearing why wasn't anything done, there were warning signs. this letter from the condo board president, right, we hear why didn't the building do anything. it is a condo, it is owned by residents. was the condo board telling residents we need to make a change, need to put this money up and they weren't doing it? >> we heard conflicting things there like your correspondent said, residents have been expressing concerns and just 36 hours before the collapse a pool contractor who was there looking at the pool did take photos, said there was lack of maintenance in the garage, there was exposed rebar and cracked
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concrete and standing water there. so as this collapse devastated the community, everyone is wondering how did this happen. now we're learning some people that were there looking at the conditions there, some of them did raise concerns. that's definitely something that investigators will look at and some answers that we're trying to find. >> we can choose to ignore warnings, we can choose to ignore reports, if there's not rules and regulations, what are zoning laws like in miami? >> so south florida, miami-dade county has strict 40 year recertification process for older buildings when they reach that milestone, they have to bring in an engineer or architect to look at the structural and electrical conditions and write up a report and ostensibly do the repairs. sometimes it is difficult for condo buildings to get the buy in to raise the money and now
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this collapse sent a ripple effect in the community, everyone is looking at their own buildings, politicians are considering reforms, for example requiring inspections take place before 40 year threshold or looking beneath the surface as geological assessments as opposed to standard structural and electrical inspections currently required. >> tell us about the community. this is your town. you've been talking to people whose friends and family are still unaccounted for. give us a sense what people are going through, the clock is ticking here. >> yeah. i mean, as i speak here, i can see the building from my balcony. all of the reporters on the ground, this is our community. it is an international melting pot. there's jewish families, latin american families here that are just at a loss for words. as you see images on the screen,
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there are makeshift memorials, walls of remembrance, and a lot of families are in limbo, not sure whether to keep hope or to grieve and anyone you speak to here is effected, there are no more than a few degrees of separation away from the building, everyone wants answers and want reform. >> what are you hearing about how much longer this will be classified as a search and rescue operation as opposed to recovery. >> well, the chief of operations for miami-dade fire rescue answered that yesterday. he said that decision is based on several variables, he didn't get into it. he said we are still hopeful that there are void spaces where someone could potentially be. they're going to continue looking. it is a search and rescue operation until he decides otherwise. right now, they're working 12 hour shifts.
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if you're there at midnight, you see shift change. rescuers are giving it their all to try to find someone. >> those are some heroes there. martin, morgan, thank you so much. please keep us up. turning to big news on capitol hill. on the january 6th insurrection, house speaker nancy pelosi has officially introduced a bill creating a select committee to investigate the attack. the move comes after senate republicans rejected a bipartisan deal for a commission last month. let's go straight to sahilkapur. >> it will pass, but we don't know what the margins look like. not clear how many republicans will support it. the composition, 13 members on the select committee, 8 of them appointed by speaker nancy pelosi, the other five appointed in consultation with the republican leader.
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that means kevin mccarthy gets to recommend appointees, but nancy pelosi has the last word, can veto any of his recommendations. that language is likely to ruffle feathers in the republican caucus but it is identical to language in the select committee on the gaza attack republicans set up in 2014. democrats will make clear as the speaker has, they preferred a bipartisan, independent commission to investigate the january 6th attack, that would be evenly divided among appointees of the two parties. senate republicans filibustered that. now democrats are doing it themselves. the words donald and trump do not appear, but guaranteed his role, his actions, his words leading up to the riot will be looked at and investigated. bottom line, speaker nancy pelosi said facts and causes of the assault on the capitol are to be investigated, the panel will come up with recommendations to prevent this
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kind of thing happening again. >> thank you. we have to turn. this morning we are awaiting criminal charges against the trump organization, charges that could come down at any time. what we haven't heard from the d.a., we're hearing from trump's attorneys over the last 12 hours, told anybody that would listen that charges are no big deal and they won't touch the former president, at least not yet. let's dig deeper. bring in a "the washington post" reporter that covers trump's businesses. he broke the story about monday's meeting between prosecutors and lawyers for the trump organization. also with us, former chief assistant district attorney for the manhattan d.a., also worked in the u.s. attorney's office in the eastern district of new york. david, we know trump's attorneys basically talk to anybody and everyone in the media. kind of sounds like a lot of chest bumping, saying this is no big deal. is this a bunch of pr ahead of what's coming? >> well, it is pr, we don't
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really know what's coming. that's what's important here. they're saying it is not a big deal, some ticky tack things that shouldn't have been prosecuted like everybody does. too early to know until you see what prosecutors put out this week to evaluate it. we're hearing one side of it. trying to reserve judgment until we see the prosecutors layout the case. they haven't really done that. the manhattan d.a. hasn't at all. even the new york attorney general hasn't updated us since august. i want to see what they put out if they file charges this week. >> if it ends up being a couple of trump employees who didn't declare taxes on corporate cars or on free cars, won't that seem like something flimsy? i am not saying that's legal, but it is certainly not a huge deal. >> i think the key ends up, i don't think what happens this week is what's ultimately going
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to wrap up the case. i think it will be clear they're going to continue investigating. to take your question directly, they're not the case of the century but important to prosecute. not true these aren't prosecuted. people are not declaring or withholding income tax in an intentional way to pay less income tax, it is important to prosecute, but not the main charges. >> untaxed fringe benefits, do you think that's going to get people like allen weisselberg who has been the cfo of the trump organization for years and years, do you think that kind of thing will get him to flip? >> no, i don't. not going to get him to flip. question is is it worthy of prosecuting. yes, it is. i agree with david, we don't know.
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these charges, upwards of a million dollars of fringe benefits not declared. if that was done intentionally, it is a crime. not the crime of the century, but something worth prosecuting. why they're doing it now, not waiting until the end, honestly i don't know. possibly statutes of limitation or calling a bluff, trying to get him to cooperate, he wouldn't, charging him with what they have now and perhaps charging more later. >> we got a statement from donald trump himself, he said his attorneys were asked to defend his company against what trump says are things that are standard practice throughout the u.s. business community and in no way a crime. let's be clear. people might do it all the time, but they're huge abuses, they're not standard business practice. does it give us any insight into what they're looking at here? >> no. trump in his statement doesn't even say what he is talking about. we assume he is talking about taxation of fringe benefits,
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giving of fringe benefits. we don't know what he is talking about. i think the most important thing to see this week is not the full scope of charges against trump or the trump organization, i don't expect that, but we might see things they have on weisselberg. that's a start of the drama of the investigation, not the end. weisselberg will be key to any possible prosecution because he can tell you what's in trump's mind, what was said, his intention and knowledge at the time the organization did various things. you can't get weisselberg until you put pressure on him. won't know until possibly this week what pressure is on weisselberg. >> trump's lawyer also said there's no indictment coming down this week against the former president, but i can't say he is out of the woods yet completely. a, how does he know that, and what does that tell you? >> i think he was told that by the prosecutors. as you said, he is talking to anyone that will listen. we're learning a lot.
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i think he asked the prosecutors about his own client, they told him they're still investigating. that's clearly a right. ultimately they're looking to see what, if anything, they can prove against the former president. he remains a subject or target of investigation for the six months the grand jury will be sitting. >> david, daniel, don't plan any vacations or take days off in the next few days or weeks. we're going to need to talk to you a lot more. we're leaving it there. president biden goes to the state of wisconsin to sell the infrastructure deal. coming up, we talk to the man in the middle of all this, west virginia senator joe manchin. also ahead, hotter in portland, oregon than in abu dhabi. we take you inside the heat wave, putting millions of people at serious risk. ns of people at serious risk.
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president biden will leave the white house and pitch the plan. geoff bennett, what's the strategy here to get the bill into law? >> reporter: the president is selling voters on the economic benefits of the package. he will head to wisconsin, population 52,000, gives him a chance to talk about how the proposal benefits rural america
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by investing in more broadband connections, improving roads so farmers get their crops to market more efficiently. the big underlying take away, the white house and president say the infrastructure proposal will bring about unless of new jobs. he wrote an op-ed and said nearly 90% of jobs it will create won't require a college degree. the president spoke to the politics of all this obliquely mentioning something not in the bipartisan compromise that a lot of progressives want to see, that's more investment in climate. i will read part of this op-ed. he says while the bill is missing critical initiatives on climate change, the infrastructure deal nonetheless represents a crucial step forward in building our clean energy future. what the president is reiterating is something he
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talked about for weeks or months. two bills running concurrently, one focused on the physical infrastructure, the bipartisan compromise, and another on the human infrastructure, all of the social safety net spending. on that point, two cabinet officials, cabinet secretaries were dispatched to cable news networks to make clear where the administration stands on the issue. >> is it going to be linked in the sense of this being one single piece of legislation that moves all at once, no, i don't think it is. is it linked in terms of different members of congress care about getting them both done, of course. are they linked for us? they're linked in people's lives but look, they're going to be different packages. >> the second deal hasn't been negotiated. first bill is negotiated. people are focused on the first part. get that through. these are two bills, he is fighting for both. >> and here's the deal. we refer to them as bills. there's no other good way to describe them. they're not bills.
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there's no legislative text for either of these. framework for bipartisan compromise, for reconciliation bill or idea, there's not even agreement on what will be in it. that's why the politics are fraught. the white house tried to get more progressives, risk alienating republicans and make overtures to republicans, risk upsetting progressives. the senate is what it is. the politics are hugely fraught. >> that's the view from the white house. joining me, the man seems to be in the middle of anything, some not allowed to take vacation. senator joe manchin, part of the team that negotiated this framework. thank you for joining me. i want to get right into it. democrats like pelosi and bernie sanders say they do not want to vote on your bill if they cannot vote on a larger bill at the
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same time. they have to drop the demands? >> i respect both -- i respect them immensely. you have traditional infrastructure and human infrastructure and social justice. we have to look at that. >> senator, i am going to interrupt. we can't hear your audio. we're going to take a quick break come back after the commercial break because these answers matter. stick around, we'll be back with senator joe manchin. ick around,h senator joe manchin. age is just a number. and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health. versus 16 grams in ensure high protein. boost® high protein also has key nutrients for immune support. boost® high protein.
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we are back. i believe audio issues are fixed. i try that with my mother when i don't want to answer her questions. i say unfortunately for you, i am going to keep calling. >> it was our side. it wasn't your side, it was our side. >> i do that to my mom. i can't hear you. click. here we go. nancy pelosi and bernie sanders. what are you going to do about this. do you believe they need to drop their demands? they're saying without a big package that they want, they're not going to play ball on yours. >> let's look at this. this is the largest infrastructure package in the
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history of the united states. i truly believe these are people that understand public policy, they understand you have to take the win when you can get it, that this mammoth piece of legislation, little over a trillion dollars we haven't done, been talking about it how many years now through how many past administrations, the country needs the infrastructure we're doing. roads and bridges. there are more bridges here than since we built the interstate highway system. talking about the largest infrastructure grid system, clean energy technology, everything we're doing in this. my part of it in the energy committee is close to $95 billion. we are working on that now. i would hope everyone will look at this as something we can do. it is doable in a bipartisan way. take that victory and let's -- do we know they're not going to the human infrastructure because of aadjustments of tax code. i have known that from day one.
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we can still go through the process, knowing we probably have to go to reconciliation and do what we can afford to do. >> the concern is, progressives' concern, if they get on board, sign onto the bipartisan bill, senators like you will lose your appetite for another big economic package. what's your response? >> no, i don't think that at all. there's a need in both. social adjustments to help working families survive, prosper, maybe attain the american dream, it should never be a dream that died and gone away, the american dream gets us up and works every day, hard as we do. give them a chance. we know we need adjustments. saying i am not voting for the other because you haven't guaranteed a vote, we have never done legislation that way, never been part of it in ten years i have been in the senate, let's work the legislation the way it will be presented. let's make sure it goes through the process, make sure it goes
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to the committees, comes back to the floor and work it. if no republicans which i don't think we will have on the second one, not assuming that, but i heard them speak, then we have to work it through reconciliation, which i agreed that can be done. i haven't agreed on the amount because i haven't seen everything everybody wants to put into the bill. >> let's go back to the first one. you're working with republican senators. are you concerned the likes of mitch mcconnell will pull the rug out from under you and block this? it is what he is good at. >> no one has given credit for what we have been able to do bipartisan way to date. when you look at what we have been able to accomplish, president biden has accomplished more in five months than any president i know in modern history. never seen this much accomplishment, talking about american rescue plan, 1.9, and so many pieces of legislation that have gone through the process. i give chuck schumer who is controlling the calendar all the
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credit for allowing it to go back into the committees, being worked the way it is supposed to, come to the floor with amendments, and republicans have a chance to put their amendments on the floor, mitch never gave us that situation to work a bill through a process we called what needs to be done and what we hoped for. we have that chance now. let's continue on. i know i don't agree with what mitch did on january 6, the commission, it needed to get done. i hope it can get done. nancy is doing a commission in the house. i respect that, i think she needs to. i hope it is balanced. we'll see what comes out. there are a lot of commissions going on. i hope we do one overall. the other thing, there are things with the hate crime bill, 94-1. republicans had amendments, the amendments they had would change the bill, they lost the amendments, still voted for the bill. that's what you need to do. give everybody a chance. >> if you had a say, who would
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you put on speaker pelosi's select committee? you represent a state where a lot of people from west virginia don't believe january 6 was an insurrection, they don't believe it was a violent attack. if you were to influence her, give her suggestions who to put on the committee, people of west virginia might listen to, who would be on it. >> stephanie, i am not about to recommend to speaker pelosi with all the expertise she has about who she should select and why and her arrangement. i can tell you this, benghazi commission went on two years, nothing came out of that except a lot of money spent and invested, and didn't change anybody's mind. those are hard. that's why we needed a january 6th commission from people that are not sitting in congress in the house and senate, people that are well respected, sam nunns of the
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world, irskin bowls, allen simpson, people with total respect and commitment to the government and to our country and to the rule of law. that's what we need. i hope we get to that. >> on the infrastructure bill you were saying you're not getting recognized for the achievements thus far. friday, i spoke to the white house and they were sort of talking about this like it is a done deal. it is obviously not a done deal. if this were a baseball game, what inning would you say we're in? >> is this the seventh inning stretch? i'm not sure. seventh inning told you what the game was going to go, it was a tight game at that time. anything could happen the last two innings. i would say we're in a situation we know we have a template, a bipartisan agreement, the amounts and how it will be spent. and we know how we're going to pay for it with no debt. no additional debt. that's unbelievable. >> when is the last time you
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spoke to bernie sanders, elizabeth warren, progressive members of the senate to work on this? >> we speak, we go in on mondays. we have a leadership team call at 4:45 every monday. then we exchange ideas back and forth. everybody knows where everybody is on this. i respect them. i know where they're coming from. i would hope they respect me, because they know where i'm coming from. i am not a liberal by any stretch of the imagination, and not a conservative, ultra conservative. i tell people, i am fiscally responsible, socially compassionate. put me anywhere you want in the political spectrum, i am centrist in the middle where most are, pragmatic enough to figure i understand, you identified the need on this side. we already spent how many trillions of dollars attending to a lot of the needs. how much more can we afford. you want more debt. i looked this morning, we're at
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$28.5 trillion of debt. how much more can we add on and pass onto your children, the next generation? we've always said, we're writing checks our kids can't cash and it is a shame to put the burden. let's consider that. >> sir, you get attacked every day by fellow democrats. they assume you and senator sinema are the only two people standing in the way of president biden's agenda. is it just the two of you or are you representing a bigger group of democrats we don't hear from and you're the human shield for them? >> well, i hear from like you said, i hear from everybody, i get attacked from different sides. also we get some praise from different sides trying to take a pragmatic, centrist approach. people are concerned about the debt, nobody is speaking about the debt. we have tremendous amount of debt that could cause inflation. you understand the financial market and understand it as well as anybody, what we are teetering with here.
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let's get this right. we already put close to $6 trillion out to people. our economy is coming back, comes roaring back. now we're not able to meet demand by supplying what the economy wants. the demand says give me more workers, more products. we're having a hard time. if you do another 2, 3, $4 trillion, we may have a hard time with tax code, adjustments i believe need to be made. i didn't vote in 2017 for the tax code, i thought it was weighted for the wealthy. i didn't think the average working person got their due share. let's make some adjustments. on the other hand, we're in a global market, not isolationist, never going to be isolationist. we have to be in the global market and lead the world. if you're going to do that, you better be competitive. can't be out of the realm of not being competitive, people want to invest or come to your country or manufacture here. >> you hear politics are local but there are more and more
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expectations for lawmakers like you to vote with the rest of your party. help us understand your constituents. take us to west virginia. what do they want in terms of voting rights and infrastructure? what do they tell you? >> well, the voting rights, i was secretary of state, i have been governor two terms, i always knew west virginians felt strongly, we were aggressive how to get more people to the polls. as secretary of states, we used to have competition who had the biggest turnout. how did you get so many people, what did you do differently. how did you get people coming to the polls. that's what it was all about. that was our position and our responsibility. i put in early voting when i was secretary of state because we had people working that couldn't get off. when i considered what changes should be made, why is tuesday a working day and main voting day for the country. something is going wrong.
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look at a national holiday, makes sense to me and a lot of people. >> are any of the changes that you wanted that are added to the voting rights bill, do you think any of this is supported by any republican out there? >> no, i'm just saying no, i had people. i have spoken to everybody i could, all of the people on the progressive side, i have spoken to the human rights committee and all of the people, dialogue back and forth. i called stacey abrams who is out there, doing a magnificent job, trying to make sure people have an opportunity. every election should be accessible, fair, and basically secured. i told her, i said they don't agree on voter id. i think it would be at this point in time with all of the uncertainty about the elections being valid or not not to have an id throws gasoline on the
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fire. i want people to have accessibility, secured, and their vote. what i am concerned about is canvassing of the vote and final count of the vote, making sure that's done in the most proper way. that's what people care about. does my vote count. i am going to make sure that happens. >> you have your work cut out. thank you for joining me. >> we're in good shape and going in the right direction. our country is coming together, stephanie. >> we can work on getting more people in west virginia vaccinated. get those numbers up in your state. >> you got that right. back to breaking news in south florida and the horrific condominium collapse. 150 people still unaccounted for now, and new reporting from "miami herald" which used met a data and other public sources to confirm two photographs taken inside the collapsed building. look at the photographs. a pool contractor, a private business guy visited the building two days before the collapse. he told the paper he was
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standing, there was standing water all over the parking garage, concrete cracking, severely core owed rebar under the swimming pool. he mentioned it to a staff member who allegedly told him water was a major issue in the pool equipment room and had to replace pump motors every two years because of it. nbc news hasn't confirmed this reporting. joining us, surfside town manager, andrew hyatt. those images, my gosh, a resident from one of the other towers showed our reporter damage in that building over the weekend. why on earth are people still in the other towers? >> good morning. first thing i want to do is make sure everybody knows we are very concerned about the individuals still being looked for and ones unaccounted for, prayers with the families. very concerned about these type of pictures that come out, these type of damages that look
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potentially hazardous. we had structural engineer go in that we hired, the gentleman was part of the recovery effort and post 9/11 with the pentagon, so we have a lot of expertise here, probably the most world renowned structural engineer in the country, and we're leaning on him. they looked at that. they do not perceive an issue with that, but we are looking further. each condo association is responsible for their own structural engineering as far as code and as far as miami-dade county code is concerned, so we lean on them to bring things to our attention, private property is one thing. around here, we are low lying. anytime it rains, and this time of year, over the summer, rains every day in florida potentially, with high tide and things close to sea level, these basements typically get some water, water runoff from the streets goes in basements. the water in and of itself is
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not alarming. concerning, but not alarming. >> you say condo boards are the ones responsible. i want to understand what requirements are. back in 2018 an engineering report revealed major structural damage. is a report like that an fyi, a report card, or are there actionable consequences. after the report, nothing happened. >> the 40 year recertification is something that's been in place in miami-dade county for several years. it is sort of a report card given by a structural engineer that the condo association hires and once that's done, they come to the town, start applying for permits to get work done under instruction and leadership of the structural engineer. >> when a report says major structural damage, then it is just recommendations, there's no requirement? >> there are requirements, but
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again, they have to follow the procedures and go through, hire contractors. they do those type of things. the requirement is to start the process. this organization, this particular tower was under the 40 years to begin in 2021. they started a little earlier, prior to my time here. been here since november of 2020, so this information is recent to me. i was again not part of when the information was originally surfaced with the town and that report, particular report was given to us last week actually to me. >> do these rules need to be changed? 40 year certification, that seems like a lot of time. you have a lot of other buildings in the area built around the same time, using the same structures. >> absolutely. the one thing that we are addressing, we talked about and each municipality and county is looking at the 40 year.
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the concern is the 40 year is the first one. then it is like every ten after that. what we want to see it start earlier and more often. those are things our commission and other commission and councils and boards are looking at now. obviously a disaster like this as tragic as it is is going to help make a lot of wholesale changes the way not only we do business but i understand other communities around the country starting to take a look at this sort of thing. it is the worst nonhurricane related tragedy in the state of florida in its history. third highest death, potential death toll in the country behind 9/11 and behind the oklahoma city bombings. >> thank you for all you're doing and to your teams, working 24 hours a day. this is a disaster. we certainly need help. thanks for joining me this
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morning. >> thank you so much. we have a lot of people working on this, and you're right, 24 hours a day. everybody. i see tears there every time i go down there, it is very emotional. obviously so tragic. thank you for allowing me to come on. >> thank you. coming up, a big question for unvaccinated americans, excuse me, for vaccinated americans. do you need to get a booster shot? we thought we did. new data shows not so fast. for those unvaccinated, the question, why aren't you vaccinated? e question, why aren't you vaccinated . -i'm down. -yes, please. [ chuckles ] don't get me wrong, i love my rv, but insuring it is such a hassle. same with my boat. the insurance bills are through the roof. -[ sighs ] -be cool. i wish i could group my insurance stuff. -[ coughs ] bundle. -the house, the car, the rv. like a cluster. an insurance cluster. -woosah. -[ chuckles ] -i doubt that exists. -it's a bundle! it's a bundle, and it saves you money! hi. i'm flo from progressive, and i couldn't help but overhear... super fun beach day, everybody.
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buy backs as a result. nbc news senior national politics reporter john allen, he and i first reported this story to you last year. he joins me now. john. companies that do stock buy backs, huge win for shareholders and executives. that's what you do when you have so much cash on hand, you have nothing else to do with it. but this company wanted it both ways. they said they were struggling, they were a small business, they needed ppp money, forgivable loan from the government. they got that money. then got a huge government contract. now they're in fat city doing stock buy backs. is anybody investigating this? >> i am not aware of any investigation by the sec. they produced syringes for the federal government, part of operation warp speed. trump administration on the way out the door started a second contract for them, another 50 or $60 million. what we see as you point out, stock buy back is going on.
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who does that benefit? more than anybody else, the ceo. the syringes aren't owned by the company, they're leased by the ceo who gets royalties when they sell it to the government. in addition, he owns about half the company according to filings with the securities and exchange commission. few weeks ago granted him another million share options. $13. it is trading 11.50. when this started in april and they first got the ppp loan, it was trading 1.25. now he has 160 million or more in the company. the american public may have benefitted, it is clear the ceo of this company benefitted tremendously from the trump administration finding him, giving him a huge government contract to produce syringes. >> reminder, the american people benefitted, we got the syringes,
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could have gotten them from other big companies that produced them regularly. going to stay on this story. john allen, thank you. as we reopen america, get more people vaccinated, here are coronavirus facts we know at this hour. countries across the world are putting restrictions back on over the contagious delta variant. four major cities in australia are going into strict lockdowns with the variant causing new see it zee land and israel to tighten restrictions. good news here if you are vaccinated. a new study says immunity from the pfizer and moderna vaccines could last longer than originally expected. vaccinated people who have had covid could have immunity for a life time, you would not need a booster. a different study from oxford, mixing vaccines to lead to a strong immune response. but those responses were different based on the order those shots were given. joining me to discuss is dr.
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kavita patel, former director for the obama white house and msnbc contributor. given this study, if you got the one dose j&j vaccine shot you get a shot of pfizer or moderna to protect against the delta variant? >> the studies looking at viral vaccine technologies like johnson & johnson. it was astrazeneca and the pfizer or moderna mrna vac evens but technologies are similar. could you have a johnson & johnson vaccine and also have a second shot in the form of the first dose of moderna or pfizer. to be clear the cdc and the fda advisory committee of the cdc have not given formal recommendations to do that, stephanie. clinically speaking a lot of people are doing it, so it does prove that you can get maximum efficacy not just by combining
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doses but it's reinforcing, stephanie, that the mrna vaccines are really performing better and above what we expected across all variants. >> how does it even work, though? do you just walk into a pharmacy, show your vaccine card and say "give me another shot, bartender"? >> it doesn't work that way unfortunately. this is difficult for farm sists and people who are not necessarily familiar with the patient's circumstance. i can tell you the best first course of action is to call a physician's office, we're all giving out vaccines so that you can talk about your circumstances. for example, the johnson & johnson vaccine alone is very good and we don't have specific data to be clear, on just the johnson & johnson vaccines performance against the delta variant, but we do know that the mrna vaccines do perform anywhere from 88% effectiveness in reducing severe hospitalizations to in the 90s, stephanie. so it just reinforces if you
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have a j&j vaccine, have the conversation particularly if you're in a group of either elderly immunocrow compromised, transplants, there's good reason to talk with doctors and i hope the cdc and fda will start to follow with guidance or clinicians. >> we're hearing about other countries shutting down over this new delta variant and right now as happy as we are that so many americans are vaccinated a lot aren't. only half of americans are fully vaccinated. should unvaccinated americans be worried about the delta variant and what about those of us who are vaccinated? >> if you're unvaccinated -- we remember the scenes from previous holidays when we were all still unvaccinated. this time it will be more people crammed together. if you're unvaccinated, let me put it bluntly, you're at very high risk of being infected not just by the delta variant we
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speak of today but we're monitoring other types of delta variants, delta plus, things that could make this variant more infectious, stephanie. we have data from abroad that shows you could catch this virus airborne as we know, covid is, in a matter of minutes, so if you are unvaccinated, you must do all those things, masking, distance, avoiding crowds, to your question, stephanie, if you're vaccinated, you are overall protected and let me give you the caveat i'm giving to my patients. if you are in a group that's immunocompromised, chronic conditions, at higher risk of getting sick from covid, obesity, diabetes, cancer, you really should take precautions, because we do have data, your immunity might not be as high as the clinical studies. that's an important caveat. when in doubt, put a mask on in crowds when you don't know the vaccine status of other people. for the holidays upcoming, be confident but be safe. >> be confident but safe. that's a very good message.
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dr. kavita patel, thank you. out west the heat wave and the worst is yet to come. the temperature in portland, oregon, hit 116 degrees. for reference, hotter than it's before been in oklahoma city, dallas or austin. check this out. it was so hot there that it melted power cables on the city's public transit so they had to suspend it. we also saw roads buckling from the heat and guad, put this into context. we know what the temperature is but tell us how it feels. >> reporter: stephanie, it is surreal when you see the images, you showed the cable, as a result of the heat and the bucking pavement. there's a lot of things changing here, every day the forecast kept saying it was going to be a little higher, so the temperatures we saw sometimes were actually a little lower than the forecast, but like you mentioned, 116 degrees yesterday
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here in portland, that is the hottest day on record. salem got to 117, so it was just painful. these last three days have been painful for the residents in the northwest, people that aren't used to this type of temperature, we keep saying a significant part of the population here just doesn't have air conditioning because it's not necessary. so people here were just doing whatever they could to get out of the heat, some going to the cooling centers, others that could check into the hotels, it was impossible to find a hotel room over the weekend in downtown portland. a lot of the trains shutting down, the max train runs through the city shut down and the photo from the streetcar trolleys shut down as you showed us and what i can say is finally today, it looks like things are cooling down. right now we're still in the 60s which is a huge difference. it almost feels like we're in a complete different cities yet the temperature is expected to get into the high 90s today, which is still much higher than
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the average 70s that they usually experience in the city of portland during the summer but the residents here today getting a break from the 100-plus degree temperature, stephanie. >> 60s, i'm staring at you thinking if i was in 100-degree heat i'd have sweat pouring out of my eyeballs. you look calm, cool and collected. reminder this is why we need infrastructure updated. thank you for watching. that wraps up this busy hour. i'm steph knee ruhle live from new york city. hallie jackson picks up breaking news coverage next. we could get news from the supreme court any minute now. stay right here. uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming
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