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tv   Velshi  MSNBC  October 15, 2022 5:00am-6:00am PDT

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>> thanks for watching the katie phang show this, morning i will see you tomorrow morning at 7 am eastern. velshi starts right now. >> the point, you decided october the 15th, i'm ali velshi, the january six committee has received hundreds of thousands of pages of documents and interviewed more than 1000 witnesses, and its investigation of the january 6th insurrection.
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but i want to hear from one more person, the disgraced former president himself. i think it's likely final investigative hearing on thursday, all nine members of the committee voted to subpoena the twice impeached insurrectionist president to compel him to testify. liz cheney, the committees republican vice chair, said more than 30 witnesses invoked their fifth amendment right against self incrimination when they were interviewed. many of them, like roger stone and john eastman did so to avoid answering questions about their interactions in discussions with the former president. now, by subpoenaing him, the committee is giving trump the chance to clear things up. the chances of that happening highly in likely. and we think he knows how to do it deflect, deny, and lie, it was meant to take responsibility for his words and actions under oath. and a couple of months ago, trump invoked his fifth amendment right nearly 40 and 50 times when he was deposed by new york state attorney general
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letitia james and her investigation of him and his business. that's just one of half a dozen civil or criminal cases involving trump at the moment. things aren't looking great for him. just this week, supreme court rejected the trump team's emergency appeal to have a special master view the classified government documents at the fbi retreat from mar-a-lago in august. just yesterday, the justice department seized on its latest legal history of the supreme court, and filed a new appeal to get rid of the special master and trot out trump's lawsuit altogether. that's no secret that donald trump and the law don't get along all that well. he plays fast and loose with the facts every time he opens his mouth or every time you put something online. his reckless disregard for the truth led to the violence on january six, underscored buys almost complete silence and absence that afternoon, as the capital was under siege. thursday, the committee shared incredible never before seen
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footage of congressional leaders hiding in a secure location that day. it just nancy pelosi, chuck schumer, and virtually everybody but trump stepped up to quell the violence in order to finish certifying joe biden's electron victory. >> we have got to get them out, or else they will have a complete victory. >> i governor, this is nancy, governor i don't know if you had been approached about the virginia national guard, mr. hoyer was speaking in with governor hogan, but i think you still probably need the okay of the federal government in order to commit to another jurisdiction. thank you. oh my gosh, they're just breaking windows, they're doing all kinds of, they said somebody was shot, it's just horrendous. and all at the instigation of the president of the united states. >> as a committee wraps up the
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investigation, it's come to the forum conclusion that donald trump knowingly lied about the 2020 presidential election a stoke the fires that led to the violent assault at the capitol on january six. >> then you realize the election, but he made the deliberate troye's to ignore the courts, ignore the justice department, to ignore his campaign leadership, to ignore senior advisers and to pursue a completely unlawful effort to overturn the election. his intent was plain. ignore the rule of law and stay in power. >> ignore the rule of law and stay in power. now this is not new's to millions of americans. for years with the top of the capitol, that was pretty clear to many people that trump played a central role in fomenting a coup. with its copious documentary evidence, the community is very little evidence for doubt going forward as a crucial midterm election heats up in its final weeks with election denying
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trump significance poised to gain even more power within the republican party and in congress. joining me now is olivia troye, she previously served as they homeland security adviser encounter adviser to former vice president mike pence. olivia, good morning to you. i will start with you with respect to the things that you heard this week at the committee and what you believe that they have achieved so far. what do you think we are in letting americans understand what happened on january six and donald trump and his team's culpability in it. >> i feel like i think this week some of the footage was just absolutely chilling. and jarring. i think it was important to lay out the narrative of how long before january six this was planned. it was premeditated. the fact that the narrative, he won the election started even before the actual election took place. there were memo shown from october 31st and conversations
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that there is a memo shown that frank jacobs, the vice president pence's general counsel at the time, wrote that on election night saying, that do not get ahead of this or claim victory and then a fast forward a few months later and the vice president's life is put in danger because his life was hurt by this and saying man, the whole thing was so frightening. and this isn't over, there are election deniers running across the country right now. this legacy still lives on. >> during the hearing, representative -- said that vp pence's team was worried about trump falsely claiming victory on election night. let's listen to what she said. >> and the vice president's staff was concerned with what donald trump might on election night. they took steps to ensure that mr. pence would not echo a false victory announcement from president trump. and mr. jacob drafted a memo to mr. short, which the select committee got from the national
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archives. the memo sent a november 3rd, election day, and advised that it is essential that the vice president not be perceived by the public as having deciding questions concerning disputed votes prior to the full development of all relevant facts. >> you're speaking to this, what does this tell you about the difference in the mindset of those advising donald trump, and those advising mike pence, and why that difference? >> it is significant that they needed to put it in writing. that is what was going on behind the scenes of the white house, and they felt so strongly that they want to remind the vice president, do not take action on this. make sure that you, wait follow the rule of law, follow the law gallery of, this and allowed the process, and that told me that all of them were aware of what trump's planning was, and the fact that there were staff behind the scenes, and they
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were concerned about how this would play out. to me, this is just incredibly -- it exemplifies everything that we have seen italy at the january 6th, and how dangerous it is that the lie continued on still and it continues today. >> we talked about this a, lot what these hearings do? what did they achieve? people who thought they knew what happened to a six only come out with a clear view of the hearings putting meat on the bones. for those who, don't be there was already impeachment, why are we doing these hearings, they are political, donald trump continues marijuana. does this change any minds, does this change anything that happens in the future in your opinion. >> and what's important with these hearings is that they're showing evidence and factual situations that happened and we hearing it from people that were there for republicans, republican witnesses who worked in the trump administration who witnessed these events who are inside of the time and who were
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impacted by these events along the way, i think that is significant and i think it's important for the american people to really understand the extent of this and how damaging it was. and how significant was, and in the past, it's been awhile since january six, and i know the voters apparently are fatigued by this to a certain extent, but it is important to remember how this started and how it played out because as i said, these midterms are coming up, and some of these people who are still continuing to continue this narrative out there, will likely be elected and i worry about what's happening the future in terms of our election. when some of these people aren't office. >> olivia, expressing at this, morning thank you for joining us, olivia troye is a former senior adviser to mike pence. and joining us now is barbara mcquade, states attorney, msnbc legal analyst, and the author of -- sabotaging american democracy and the rule of law.
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barbara, good morning to you and thank you for being with us and the january six committee is looking to have donald trump come testify before, them and he would be happy to testify as long as it's live, but give us your handicap on this. what is likely to happen? >> i think that it is a very low likelihood that donald trump will actually come and testify and so you can see what robert mueller was investigating, him i would love to talk with robert mueller, but ultimately the best they got with him was answering some questions with the lawyers. i think he wants to maintain that he wants to correct the record, but i don't think he's going to agree to show up there. i don't think any lawyer would let him come in and expose himself to saying things that might be incriminating. i'll come if i can have the open, might he says, maybe but i don't think the committee would want to agree to that because it would really just be giving him an opportunity to spread the further.
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>> doesn't matter if he is the open mic and it spreads disinformation under oath? let change anything? >> he's under oath, i suppose that that could make it criminal if he could make statements that are false there, and we know the way that he dissembles with word salad. i don't know that the committee would want to agree to that charade. >> let me ask you about what happens with him particular with respect to the justice department. you tweeted an article for franklin for the atlantic about whether attorney general merrick garland will move forward with an indictment of donald trump. i just want to read what you tweeted as someone who has an almost metaphysical belief in the rulebook, he can allow himself to apply his canonical texts. that's what he's try to emphatically explain over the past few months. every time he's asked about the former president, he responds, no one is above the law. he clearly gets frustrated that his answer fails to satisfy his doubters. and i believe that is
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indictment trump will prove any means it. tell me a little bit more about this. >> it's an excellent, peace people haven't read, it and it really talks about merrick garland, who he is, how's been formed, and he has an abiding belief in the rule of law. he's not going to shrink from the duty here. i think that there's been a public perception that merrick garland is moving too slowly or cowardly or he is afraid to bring charges here, in the article, and i tend to agree with him, concludes that ultimately we will see charges against donald trump. i think everybody's looking for the big charge of tying donald trump to the seditious conspiracy, that's a hard one to prove his connections to the oath keepers and proud boys. maybe it's, there and it sounds like it's looking there. it's given cooperation agreements to a number of those charged with seditious conspiracy already. you can make the case by showing a conspiracy to defraud the united states by the pressure he applied to mike pence. the lie is the fraud, the
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pressure on mike pence is the criminal act, and that is a serious crime. trying to interfere with the lawful transfer of presidential power. i think that cases, there and i think merrick garland will charge it. >> we have a conversation tomorrow morning with michael luttig about that. mike pence is outside with mike alluded to say that the vice president needs a reason to not go ahead with what donald trump is saying and michael luttig stays with a handful of people who stood between very bad things happening in democracy prevailing. barbara, thank you so much for being with us this, morning robin mcquade is a former united states attorney in michigan, professor at the university michigan office cool in an msnbc legal analyst. at the top of the, hour i will speak to the former impeachment minister, representative stacey plaskett, and she will try to connect the dots between the midterms, and why this is a crucial moment for democracy. plus, paying for your lives, alex jones has been ordered to
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pay nearly billion dollars to the sandy hook victims. what effect will that have another dangerous conspiracy paddlers. for women, for life, and for liberty. revolution is in the, air i have an open letter to the brave women of iran next on velshi. o velshi r? downy in-wash scent boosters survive the washer & dryer for freshness that lasts 6 times longer than detergent alone. release freshness with every touch... with downy in-wash scent boosters. it's the subway series menu. 12 irresistible subs.
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michael is back. and he's more dangerous.
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maybe the only way he can die... is if i die too. [ screaming ] , songs in the, gary adi. three words we never heard before being on the streets in iran. these three words for a protest chat and their meaning tells you everything that you need to know about the protests in which people are demonstrating and dying in iran. zan means women because it is the women and the girls of iran who are not just the spark of the current protests, but the heart of them. it started with this woman, mahsa amini. the 22-year-old kurdish woman was arrested by iran's morality police for allegedly violating the country strictly enforce islamic dresscoat.
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she died in police custody according to the hospital, she died three days after being arrested. iranian fischel's claims she suffered a heart attack due to an underlying medical condition, but her family says she didn't have an underlying medical condition. they say witnesses told him that she was beaten by police. iran denies those allegations, iranian fischel say an investigation is underway. while some women in iran and across the world make the choice to wear a hijab or head covering, and iran it's become the symbol of the power of the patriarchy, the iranian theocratic regime over women. so called morality police walk around scolding people, mostly women, for dressing and modestly arranger head scarves to loosely. something that is very common in that country. but now the hijab in iran's highly controversial sometimes brutal enforcement of how and where it is warren has become the driving force of an open revolt led by courageous young women. zan, women. look at these images, women
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stripping off their hijabs and waving it in open defiance of authority. the catalyst for this movement was mahsa amini's death. the protesters resulting from it had not been about head coverings, but life itself zindagi. haunting the souls of her own's fundamental rulers. zindagi means life. in these protests about women in their rights and life itself more than 200 people including 23 children are believed to have lost their lives. that's according to iran human rights group. they are risking their lives for the rights of women and for something else not commonly associated with a rock, liberty. that is the final word in the chat. azadi. it translates into liberty or freedom. must amini's death is about much more than a head scarf in a dress code that she wrote, it's about more than modesty and religious rules. the protests in iran are now about zan, zindagi, azadi. most of us take for granted the
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ability to make most basic choices about what we, wear but not neuron, where women the girls are literally enshrined in law second-class editions, mandated to wear hijabs in so-called modest clothing and to hide their in public. force to be invisible. it's not clear that these growing protests will move the needle. iranian forces continue their crackdown and increasingly they will do so away from the cameras in the cell phones and the journalists. what people will lose their lives. ? but something about this movement does feel different to me. a younger generations of iranians seem to be saying enough is enough, for years, and people in iran have watches their older siblings and the parents choked in silence under the increasingly insular islamic republic. they lived a life fighting for azadi, for freedom. they're facing increasing economic hardship and oppression lend large part by the girls and women in the ranks, they seem determined to redraw the path of their own
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future and nbc news has reviewed social media videos showing girls in school yards, this particular schoolyard, and that standing up to traditional with ortiz, with students heckling a man at a podium in front of them. this kind of dissent was almost unheard of prior to this movement. ? these girls know the risk that they are taking and they know that not abiding by the government dress code could mean punishment and even death but they also know that what is at stake when it women's rights are taken a way we know that this has played out time and time again in iran. for decades, iranians have given up their lives, zindagi, binding against the regime and their passive principles. every time the islamic republic of iran proved too powerful to counter, maybe this time will be different. the woman of ron i say, you're not voiceless, you are not invisible, we hear you. we see you. zan, zindagi, azadi. for the women, for life, and
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geopolitical conflict involving the united states, it may not know much about, but you need, to because it very well could have a serious effect on the upcoming midterms in 2024 presidential election. but to get, there i need to go back to october 2nd, 2018. that's one washington post columnist jamal khashoggi was murdered by saudi arabian agents in the saudi consulate in istanbul turkey. the cia and other foreign intelligence agencies concluded that the assassination was ordered by the saudi crown prince muhammad bin salman, mbs, although mbs denies any involvement in this. widespread saudi cover-up ensued, publicly backed by the former president donald trump, and while there are some nice slap on the wrist repercussions for the kingdom, mbs has never been held to account for this murder, and the overall relationship between the u.s.
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and saudi arabia went on unchanged. however uber cozy, the foreign ministration's relationship with saudi arabia, was it did not start with the trump administration. saudis warn yemen, which is a humanitarian catastrophe that has led to the world's current worst famine began while president obama was in office, and received u.s. support during that time. on the campaign trail, joe biden says the kingdom must be made a quote, pariah, president biden made one of his first foreign trip society arabian it personally with mbs been greeted him with a smiling fist bump. an image that did not go over well around the world. and so what is the reason for this crude relationship? why does the u.s. keep looking the other way from saudi human rights abuses and its history of other human transgressions. if you got the hand, this crew relationship comes down to oil. the u.s. looks the other areas of oil production keeping oil prices low. that has continued amidst the
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global effort to choke off russia's oil revenue during the brutal and financially costly war in ukraine until now. what serves as essentially a giant middle finger to the united states and europe, opec plus at the urging of saudi arabia is instituting a massive cut and oil production. it will artificially increase the price of oil adding to the pockets of mbs in the kingdom, but also the other opec plus members which include vladimir putin and russia. this is infuriated the biden ministration and it went to a rather public fight between saudi in america, but there's more to it. no mistake, much like vladimir putin in the past, mbs has a preference in americas upcoming elections. that's for whatever helps his buddy donald trump ultimately get back into office. keeping prices at the pumps artificially high, strategically help that goal. joining me now is the democratic representative tom malinowski of new jersey, isn't over the house foreign affairs and homeland security committees. congressman, good to see you,
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thank you for being with us. you're one of a number of members of congress for putting forth legislation to say that somehow in some way, this over the cozy relationship between and saudi arabia has to change. tell me why you think so and what you're doing about it. >> thank you, ali thank you for the segment that you just said on iran. not to change the subject, but i was very moved by that. you sound of the situation with iran being very well for many years, arguably decades, and we traded our values for oil. now we're treating our values for new oil, saudi arabia is not even doing the one thing that is supposed to do to protect our interests and the stability of global energy markets. they made a decision that they knew would hurt the united states and the allies and would help. what we're trying to do, and other members of congress, is change the balance of the dynamic of this relationship.
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by putting on the table the thing that we do for saudi arabia, which is to protect and to guarantee their security. without, us it would be a socially defenses because they're not all that good at using all of the fancy weapons that we saw algae all the years. they rely on our military presence and security umbrella to protect themselves. >> we'll prevents this from, changing because we've done this for decades, we've had this relationship for decades, but since 2018, this nine for 11, americans have taken a slightly different view on why we are cozy with the saudis and why we provide with the security guarantees that you just described. what prevents us from redrawing the lines of this relationship. others have told me that they need us more than we need them, and we don't rely on them for oil the same way that we used to. >> that's, correct what happens is that there is a pattern. the saudis do something terrible, they take the murder of jamal khashoggi, we were
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upset but then we have these conversations in washington d.c. in which we enumerate the four of five things, the useful things that saudis do for us and we say, gosh we can't jeopardize those things. and meanwhile the saudis don't go through a similar exercise, we're gonna kill washington post journalists, and we're gonna cut oil production in a way that hurts the united states of america. they don't enumerate the things that we do for them because they know that at the end of the day, we followed this pattern of always taking it upon ourselves to save the relationship from the consequences of their misbehavior. if you think about, it that's like the definition of an unhealthy relationship where they're talking about countries or two people. think of a marriage or one partner does all the abusing and one partner does all of the work to try to protect the
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relationship and that is kind of the way things have been between us and saudi arabia. >> and let's go back to iran. we've seen protests around, before we see 1000, nine and they're very large protests in iran, but do you see anything coming of these protests in iran? they really have become much more than mahsa meanie and have scarfs. >> it's a national uprising and as you rightly pointed out, it is now about freedom. it is about the daily repression in the dignity that iranians feel. they want to be a normal country, part of the world among other things, i think that much rather have a functioning economy nuclear weapons. it does feel different to, me and i've seen over the years not to get my hopes up too much because totalitarian regimes that are willing to use unlimited violence they do tend to hold on in moments like this,
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and yet sometimes they don't. more than any other past protest movement in recent iranian history, this one seems to have staying power and perhaps the ability to achieve serious change. >> and i hate to run my audience, but you are the assistant secretary state for human rights and labor in the obama administration. secretary, good to see you, thank you for being with, us democratic representative tom on a ski of new jersey. from one side the existential threat to, another increase in extreme weather in the report described how the climate catastrophe could leave vast swath of the earth uninhabitable for hundreds of millions of people. millions of people your business, you can make it even smarter. now ports can know where every piece of cargo is. and where it's going. (dock worker) right on time. (vo) robots can predict breakdowns and order their own replacement parts. (foreman) nice work. (vo) and retailers can get ahead of the fashion trend
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extreme heat will make parts of asia and africa uninhabitable for up to 600 million people. that's not a mistake, 600 million people, and a new report issued this week by the nine nations in the red cross, that's what that's going to do for the global migration crisis. people leave when they don't grow their food. it's already and staggering, levels hundred million people displaced around the world. as it stands, 90% of the world's refugees are from countries on the front lines of the climate emergencies. according to the un. that's not just africa or asia,
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in the many south american countries, scores of people leave their villages each year because of crop failures. coffee or result of extreme weather, extreme weather as a result of climate change. and as we saw recently with florida, governors transporting migrants around the u.s. were ill-equipped as a society to deal with this humans crisis. it's not just a migration crisis that is a concern, climate change will exacerbate most of the major crises we are experiencing today from pandemics, economic instability, food shortages, and deadly storms. take hurricane ian. early estimates from the storms damaged indicate it was one of the costliest storms in u.s. history. when you factor in hurricane fiona, right before, that the wildfires, 2022 disaster toll through the end of september will likely surpassed 100 a billion dollars according to axios. that is just america. in the past month alone, millions of people across the western hemisphere have been hit by widespread blackouts in the wake of major storms. if we continue down this path, climate change could cause
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♪good times.♪ ♪insurance!♪ only pay for what you need. ♪liberty liberty. liberty. liberty.♪ >> right-wing conspiracist allegations was built an entire empire spreading faith is light all over the internet monte leon radio about vaccine conspiracy theories and he spread lies about the election,
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and he's hurt a lot of people. if you don't spend much more time filling the battles of the internet, we're talking about this guy, he's the host of a web show called infowars, and for years, he's been telling viewers that many of the horrific mass shootings in human disasters that have played this country are all fake. the 2012 aurora colorado movie theater massacre that killed 12, people fake. a shooting at sandy hook elementary school that killed 21st graders in 60 chairs is fake. but i think jones may finally have to pay the tough piper after losing definition in libel cases in texas and connecticut, host of infowars has been ordered to pay more than a billion dollars in damages to sandy hook families. on wednesday, a court order jones and his company to pay $965 million in damages to families of eight sandy hook victims and then fbi officer. i cannot, guess jones was order to pay over $45 million to the sandy hook family in the texas court. one of people sued alex jones for the lies he told is this woman, nicole hockley hockley's six-year-old son dylan was
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killed in a deadly sandy hook massacre, during the trial, nicole testified that she keeps annihilates bat by her bed because she fears being attacked due to the ongoing harassment that she receives from jones's followers. on wednesday, the judge said jones would need to play hockley more than $70 million in damages. >> the emotional distress damages, from $41,600,000. and fair just unreasonable damages, plaintive nicole hotly and against alex jones at nine 1890, $73 million and initially by plaintiffs by juror number one. >> after dylan's murder nicole helped launch sandy hook promise, it's an organization aimed at providing gun control education pushing for gun safety reform. nicole hockley, the ceo of sandy hook promised joins me now. i was there ten years ago, and
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i can't even talk about it without getting emotional anymore. i know you not likely to see the $70 million, and nicole plaintiffs are not likely to see that kind of money, but is there some kind of feeling the call that for all of the work that you have done and therefore you have put into this thing, at least there is a measure of accountability in this verdict? >> yes, absolutely. you're right. i'm basically expecting not even to see a dime of this. what i know happened though on wednesday it was the jury sent a very strong message that this is not going to be tolerated, this is not going to be accepted, and their consequences for these actions of maliciously spreading lies to harm others in order for your own personal profit. that message i think is being heard, and i think that message will reverberate across people like alex jones. >> and people, say what could be worse than your child at sandy hook.
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this actually made it worse. tell us a little bit about the things that alex jones did that made you suffer. >> after dylan's, murder i wanted to be a mom, i wanted to focus on my surviving son, and my work to create positive change. what these hoaxers actions and scholars have done is make that impossible for me to feel comfortable in public. i'm hypervigilant. i don't look at comments anymore at all, but i'm also really careful when i'm opening the mail because i've received direct threats to my house. it was the first to make me nervous about my family and myself and i am just constantly in the state of awareness and i took out a very large life insurance policy on me, i have weapons in my bedroom, i'm always afraid because you never know who is around you that might believe alex jones's lies and think that you are, trader think that you have a government payout, think that your senator died in a relived that you just a crisis actress. it affects everything about me
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and makes it very hard for me just to be a mom who lost her son. >> separate the issue of gun safety, which have been very involved in over the years, there is a separate things here and that is about lies and conspiracy theorists and disinformation. do you think that this has a meaningful effect, because options are cities going to appeal, none of you are going to see a dime, he says that he's done being sorry. he says that he believes sandy hook was a hoax when he spread the lies, and he said that it legitimately thought it might be staged and i stand by that. i don't apologize for it. do you think that the sides of judgment has an impact on either alex jones or people like alex jones. >> all of us can have an impact on alex jones, i hope, so because he's landing a very hard lesson here. week he first talked about sandy hook and said that it might be a hoax, that was roughly two and half hours after the shooting, i was still
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in a firehouse at the time and i didn't love my son was alive or dead and he was already saying this. but he said this in 2013 and 14 and 16 and 18 after there was over wyoming evidence that this happened. this event happened. he kept spreading the lies and that's where you are talking about free speech, but this is about maliciously spreading lies that you know to be false. and so he needs to be held accountable, but is it going to stop him? i don't know. such a narcissist, i don't know if he will really be able to grasp the effects on, this but i think for everyone else they will stop and i think alex jones might think twice before he starts spreading lies about another mass shooting, and that is what he is trying to do. >> used to be a standup, but now disinformation perilous all over the world, but is there any learning of the last ten, years any learning about what to do with these nascent liars who are out there, because clearly they have figured out how to get an audience. there seems to be an audience
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for everybody and everybody nonsense. >> yes. this is a war on disinformation right now. we are seeing it play out under the digital screens in front of us and i think we all have to be more critical about our thinking, not just except what you hear, but look for credible news sites. not these people who are just trying to stroke fear and anger, and push their products. it has got a sales message attached to it, it may be something that you need to look into a little bit further. go to credible new sites only, thanks except what you hearing from people like alex jones. >> that's an important point you just made the people are doing this for money. i was jones was doing it, for money he continues to actually raise money after the verdict and the judgment and he is now calling for people to donate to his legal defense fund. nicole, thank you. it's good to see you again, and it's nice for us to talk to you about something that looks like accountability. nicole hockley who's the ceo of sandy hook promise her son dylan was six years old when he was killed at sandy hook.
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a lot of american businesses could benefit from having a woman in charge, so says a new book about leadership. and have an important conversation with the author about challenges chase facing women who lead. next on velshi. next on velshi [coughing] hi, susan. honey. yeah. i respect that. but that cough looks pretty bad. try this robitussin honey. the real honey you love, plus the powerful cough relief you need. mind if i root through your trash? robitussin. the only brand with real honeyand elderberry. this is a bombas performance sock. for such a small item it performs big in so many ways.
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big on comfort. big on durability. big on breathability. bombas gives you big comfort for all your athletic pursuits. it's the subway series menu. 12 irresistible subs. the most epic sandwich roster ever created. ♪♪ it's subway's biggest refresh yet! >> 2020, to the number of women
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ceos running fortune 500 companies had a record high. according to four and 500 data as of march, there are 46 women
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at the helm of america's 500 highest grossing companies, and that's an improvement from 40 to last year and only seven and 2002. this new record breaking number however really scratches the surface. 46 women represent only a small percentage of the people around the country's most successful public businesses. a new book by my longtime colleague an old friend julia boorstin takes a look at the closer benefits they comes from female leadership in the continued institutional biases that women need to overcome to get to the top and to stay there. boston has been a media and tech reporter for cnbc since 2006. she created launch that annual cnbc disruptor 50 left. it is also launched the networks closing the gap initiative covering people and companies closing gender and diversity gaps. or a new, book woman who lead, morrison interviewed more than 100 women who lead businesses and carved their own paths for their ideas to thrive. here's one anecdote. if every entrepreneur understood the implications of
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the data about female founders, it is snow gina zakaria. she pissed her start-up idea to venture capitalists in 2016. if you like epstein kept coming up, nothing to the educational background, her experience, the revenue growth and forecasts of her insurance, comparison start-up. you have kids? how young are they? >> well in the, week i had a chance to speak to julia about all of this >> it's an important book not for women entrepreneurs, not for women ceos, it's important for all women to understand not only what women in business face, but the anecdotes or what women and life face. >> i would also say that it was incredibly important for men to read this book as well. the leadership traits that have enabled the women in this book to defy the odds are so remarkable, these are characteristics we should all be emulating. i just want to point out that there are areas where women face even greater headwinds than in corporate america, and
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that is in the tech start-up space. there as of last, year women or 2% of venture capital funding, that was down from 3% in prior, years and i figure that when i was meeting these amazing women, i think if they could defy those, odds they were by definition exceptional and i should get understand their stories in the strategies. >> for a lot of my viewers, they're not tech start-up people, so they might not know that when you have a start-up, you have to raise money and go knocking on doors to people who have money to get them to invest in it. you have a quote about this. the ceo of the wedding planning and registry companies are faced a similar string of protections for mail-in vessels when she was trying to raise her series be round. during most of her pitches, investors questioned whether weddings were a big enough business. an estimated 51 billion dollars was spent in the night states on weddings and 2021. the vast majority of investors i was pitching or white men who were on average much older than a target demographic -- 50 or 60 years old in upwards
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she recalled. if i were told her that their wives hadn't seem to have any problems planning their weddings was they just they ask female assistant for feedback. i mean, that's wild. somebody wondering whether or wedding planning business start-up would be a good idea. when it's all dudes making decisions for women who are starting businesses, this kind of anecdote and story repeats itself. >> this is the kind of thing i heard from women over and over that the people who have the money, you have the checks that they could be writing to them, just didn't understand their businesses or couldn't relate to them because they were targeting oftentimes a female demographic. so i think what's so important here is that tech companies are immensely powerful, think about the companies that changed our lives between the iphone and the absolute from we were to airbnb, these tech companies have changed everything. if women are getting access to that capital, it means that the ripple effects far down the road. but women who are getting access, i found that the
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recruiting these amazing game-changing companies, companies that not only were pursuing profits, but also had social and environmental purposes and i think in many ways, we are taking a totally fresh approach to business profit because they have been excluded and did not have access to that kind of financing. >> let's talk about the underestimation of women. another quote in 2016 after the second ceo left, the board of directors began to set up interviews for gwyneth paltrow to meet with leading contender for the job. after one such interview, the candidate said to her, the candid it was a man, while you really understand this business you know what you unit economics, our which are marketing metrics are which a supply chain looks like. you know all of this stuff. the goal of me was like, yay, i'm being validated paltrow recalled, and women me, with a burgeoning ceo, she was like, this is incredibly disrespectful. this is a really patronizing comment. here is a world famous, successful entrepreneur, and not even she was immune to the condescending head path of the minimum standard. yet another problem page 2:57
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of your book. yet another problem that women face. no matter how accomplished they, are somebody's always impressed that, wow you articulate, you're smart, you read the numbers. >> i've gotten similar comments myself as a reporter cnbc over the years, and i do know the numbers, and i think what's so interesting here is that women face all sorts of double standards. that's why i think this book is so important that everyone should read, and the date in here so important for people to understand. women are judged more harshly if they had things like humor in the workforce, the judge more harshly for showing emotion and anger and the judge more harshly when we get negative feedback for their employees. there's all these double standards, and through all of, this woman expected to leave in a way that is nurturing and also to emulate all this male leadership characteristics. what i find in my book is that the characteristics that women tend to leave with are actually more effective in right now and this post pandemic moment, where people are trying to grow
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their businesses and reckoning with inflation, i would argue that these characteristics that i write about are more essential now than ever not just for women, but for everyone. those include leading with empathy, showing vulnerability to your employees to better connect with them, having an additional purpose and using that purpose to help motivate your team. they're also strategies such as communal leadership. make sure you're bringing together the perspectives from across your organization rather than leading in the top down way. i am optimistic because i think these leadership traits are in the spotlight right now, and the more that people understand how essential they, are the more that women will be able to have this leadership opportunities as well. >> julia, you and i can open this business as business journalist together, and i'm so glad that you've taken all of these years of experience and put them into something so perfect driving important for us all to read. congratulations on the book and thank you for writing it julia boris, in the book, is when women, lead what we achieved, why we succeed, and what we can learn. it's out now had charlotte nurse bookstore to pick it up.
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it's out now had cha>> straightk to former teacher manager stacey plaskett about the latest january six hearing means for the midterms and the future american democracy. another hour of velshi starts right now. good morning, you start act of the, 15th the caucus take you for the january six committee as this congressional term ends. it's not a show that the committee will continue its work next year especially if republicans take back control of the house, and that was one of the many reasons why the upcoming midterms are so critical. before the years, and the committee is expected to issue a report for the recommendation about how to protect the country from another insurrection. but before we do so, and they tried to get testimony from one more person. donald trump. at the end of thursday's hearing, all nine members of the committee voted to subpoena the twice compete extraction as

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