tv The Reid Out MSNBC March 24, 2023 4:00pm-5:00pm PDT
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over the çóweekend, and we had quite a news week. but put thd■ to the side and we ended just now with those e5p)tists talking about being hippies, being nerds, embracing people who are different, welcome to the family. that's what we heard from de la soul, and i think it's a fitting way to end the week hereok on "e beat" as weçó think about all o these terms, all of these categories, and sometimes they work until they don't. people used to be called u hippies, some became yippies. now if you look atlp the colorf outfits or the debates over gender, ñisexuality, and equal rights, many remain. if you ever want to find me, the best way, online, gouzá=■ arimelber.com. i run it. i respond to people there. and you can sign up to get my arimelber.com. if the internet is not your think, keep it locked on msnbc. i'll see you monday at 6:00 p.m.
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eastern. "the reidout" isi] up next. tonight on "the reidout" -- >> for two years we have heard the story from the people on the i ut hav how it was an insurrection, and i'm going to tell you something right now. it was not ane1e1 insurrection.1 >> the republicans insurrection field trip to the jail holding january 6thi] accused criminals and the dangerous calling their arrests political. the democratic congresswoman that fizzt today joins me in a moment. alsoe1 tonight, on the same day manhattan okd.a. alvin bragg received a threat warning i am going to kill you, donald trump warns of, quote, w3ñipotential h and destruction if bragg indicts him. plus, trump attorney evan corcoran testifies before añmtro
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federal grand?nm jury in the mar-a-lago documents investigation as mark meadows and other top trump aides are ordered to testify in the probe of trump's effort to overturn the 2@2[■ e1election. good evening, everyone. i'm ali velshi in for joy reid. we begin with a quick look pack at the evening of january 6th, 2021. congress was back in session, just hours after a violent mob 1 provoked bye1 the then-outgoing president stormed the united states capitol in an attempt to overturn a democratic election. and for a moment we sat1 something ine the republican party that we hadn't seenq in a while. rationality. >> we condemn the viop■ that took place here in the strongest ä(ssible terms. >> we will not be kepte1 out of this t(chamber by thugs, t(e1mo threats. we will not bow to lawlessness or intimidation.
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>>e1 rioters don't run the capitol. we're the united states of america. >> it was then the republican party seemed to agree with sentiment in a constitutional democracy, that insurrection is bad, and that insurrection is a crime. fast forward to today and that sentiment is nowhere to be found. instead, the republican party has fully okembraced the very people who tried to dismantle democracy. in fact, just hours ago, a delegation of lawmakers including marjorie taylor greene . jail to visit some of thoseok rioters. many, many reports of how they're being 5a■abused. and how their rights are being abused. and remember, these are pretrial, january 6th defendants. the reason why we're here is because the two-tier justice system has to end. >> okay, let's bee1 clear. the reason the rioters are being held at that facility is because they have been deemed dangerous to the community or have refused to obey conditions of release.
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that includes rioter likeñi danl rodriguez who drove a stun gun into the neck of the former washington police officer michael fanone, and samuel lazar, whofá is using a bull horn to urge rioters to steal police officers' guns. william crestman, who is a member of the proud boys,e1 is being held because a judge determined he's a flight risk.xd eric christy who was in an hours-long standoff with law enforcement. images of him outside the capitol on the 6th show a hammer hanging from his belt. police, better have come hereçó shooting. these are the people the republican partye1 has chosen t embrace and prioritize. these are the people who have interestingly made republicans finally care about inhumane prison conditions. when activists have been sounding the alarm about that issuq6for decades. it's important to remember when youe1 hear these lawmakers clai these insurrectionists are political prisoners but that's
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not the case. these imprisoned people are accused of committing crimes, real crimes. not politicalu the justiceq department has arrested over 1 thon people for assaulting police,ñifáok obstru an official proceeding, breaking and entering a federal building, destroying federal property. all of that is illegal. their actions may have beençóq motivated by their politics but none of the prosecutions are political. joining me now isçó the congresswoman jasmine crockett of texas. she was one of two democrats to join that trip toq the d.c. jai today. representative crockett, good to see you tonight. thank you for being with us. >> great to see you as well. >> let's talk about this trip. why were yout( on it? you were one of two democrats on it. what was your purpose in b=i there? >> there had to be someone to keep them honest. we know the people going on the trip, especially the one that led this trip, they have a little bit of an issue withe1 t truth. so there needed to be someone, because you couldn't walk in and film exactly what was going on.
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and you know, it's interesting. it's#b/jt of like there's seemingly twook versions of wha happened on january 6th. i had completely different experience walking into this jail, and also,ñi my chairman wanted to make sure i call him a chairman, my ranking member wanted to make sure there was someone who actually had a frame of reference for what prisons u and that would be someone like me, considering the fact i have done criminal defense for almost two decads7 and also i have been a civil rights e1lawyer. >> let's talk about what youe1 w while you were there. we heard a little bit of whate1 marjorie taylor greene suggests that she saw. what did you see? >> i saw a delegatione1 of u.x■d congressional members that were opportunity to finallyfá see th january 6th inmates. i saw privileged people is what i saw. the criminal justice system thyt i'm used to seeing does not affordlpçó them tablets, tablet that allow them to end up with the number one song on itunes
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because they're able to record ab familyúmímbers whenever they want to. i have never had a client that had the ability toñie1 access a laptop for weeks so that they could review insá theñi privacy their single cell jail their discovery, the privilege that i saw was actually quite astounding even though we were supposed to talk about or review how bad the conditions were. if anything, i have never seen a jail that affordedtv privileges to anyone, and as i said, i have been licensed in texas, arkansas, and in federal courts for almost two decades. >> so this is important because you -- you have been a criminal defense attorney. you have seen t(inhumane conditions andu thing. right? bad conditions in prison in america is a real thing. and to the extent that there are members of congress from both parties who would like to tackle that, it's a separate issue than treating january 6th rioters as political prisoners. >> yeah, no.
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this was nothing more than a political stunt. while you're covering this, that is part of the problem. the media continually gives marjorie taylor greene this microphone to spew nonsense and lies. essentially what happened today was a field trip, the republicans gotçó to see their p heroes, the january 6thers got to see their heroes. everybody was kumbayaing. i looked a little out of place for sure. definitely no one was coming up to me so excited to talk to me. there was one gentleman that wanted to talk to me. but you e1know, what's frustratg is the idea that ie1 think backo nelson mandela and what he went through. i actually walked thatok prison he was not afforded these opportunities. so these false -- these false comparisons that they're drawing, it's really offensive because we have real issues in this çócountry. we have real political prisoners. we saw what happened with
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brittney griner and where the republican party was on her they were against that. they felt like that was problematic. yet under these circumstances, for whatever reason, they felt like it made sense to have senior colleagues, senior democrats go in and sit down and talk to and coddle people that tried to kill them. it did not make sense. and sou &háhp &hc both freshmen who were not victims on that day of their heinous crimes, we were the only ones in my opinioni] that were best suw4#d to actually go in because it did not make sense to try to put my members, my coz,cagues at risk of something even more tragic happening in t. >> just for the record, i have been excited to talk to you all youe1 and i always enjoy ourxd conversation. congressman garcia made the point, these prisoners are being held in much better conditions than most@c8p(i and brown inmates across the 5:uev this is a pointia make a lot.
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black and brown people have been in lousy prison çóconditions, incarcerated in per capita percentages much higher than pretty much anywhere else in the free world. for a very long time. would be a good thing. if a bipartisan group of members of congress were touring prisons we make thise1 better, that wou be a good thing. >> that would be a fantastic q thing. that would actually be doing what we're elected to do, to solve problems[gñ to make life better. listen, it's still prison. prison isñi never going to be t ritz-carlton, but at the same time, we're talking about, are they living in inhumane situations or not? i can tell you, there's nothing inhumane about this. they are able to freely move about.u they're able to communicate without having to worry about a recorded phone icall. they had air conditioning which is something wee1 don't have in texas. they also, i asked about the women in the facility, and i asked them about their access to sanitary napkins. they have that, that's free.
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their medical care iseiyfree. a lot of places, they charge you for that kind of e1stuff. so you know, it's still jail. i get it. it's never going to be nice,çó right? bute1 in the grand scheme of jails, let me tell you something.c cf1 o i have hadçó a client that died. i don't see someone sitting there and beingw3 neglected because they're not hurt. they have got literallyok ipadsr whatever they call them,fá tablets, where they can make a sick call electronically. and they have access to these tablets for 22 out of 24 hours. the only two hours they don't have access to themz7ñ when they're charging them. i mean, it's>fféwenkv#&oíáñvravm this was an excuse for marjorie taylor gree. to have another press conference. this was another excuse for them to be able to speak to these january 6th defendants and put their stories together without having to worry about them being recorded, which isu everyday individuals have to go through when they're going to see their loved ones and
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friends. >> congressman jasmine crockett, always good to see you. >> great to see you 5a■too. >> let's bring in the $ congr[3(man adam schiff from ä!jlifornia. he's a candidate for the united states senate. congressman schiff, good to see you. thank you for being with us this evening. the news from donald trump today has been troubling, even by donald trump standards. where he warned of potential -- i don't know whether you want to call it az( warning, a threat. if he gets indicted, there's a potential for death and destruction if he's charged. i never know how to thing abouto this, but it seems like even donald trump has upped the ante. >> i think that's unquestionably the case. it's just a marvel to me, e1 incomprehensible really that this man has any support ofe1 anyone to run for dogcatcher in this country. here he is after the experience of t(inciting violence against e again doing his best to incite people to commit political violence.
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there's no question this is meant to be a threat to the manhattan dis meant to be a calló[■ toe1 his fervente1 supporters that this how he wants them to respond because this is what he's predicting, and it's just so m it does illustrate the pattern with trump, which is any time he escq!> on to do worse and worse and worse. what we're seeing now is evenñ more extreme, a call to violence that we have seen from him before. >> the interesting thing is, and he will say i didn't threat anything. i just warned there was going to be death and destruction, but this is how he é@■operates. anything. you just have t'r suggest that5 alvin bragg is a tool of the state or george soros or state or george soros or e5páever he wants to say. you just have to suggest that k"táhe mar-a-lago search, and somebodye1 opens fire on an fbi office. people can be influenced to do the work for you. donald trump doesn't have to lift a finger. >> well, that's exactly it.
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you know, inxd the past, one of trump's favorite expressions was peopleñi are saying.e1 this was his way of sort of suggesting an idea, suggesting an attack without taking full ownership of e1it. he was doing something similar, which is death and destruction could result if you were to charge me, if you hold me accountable for things. and then, if death and destruction em manifestl■( he c say, well, this ise1 exactlyw3 i warned about. but i wasn'te1 calling for it. but there's no question what'se going on here. and you know, this is sadly where theçó leadership of the republican party is right now, as you wereçó just covering they're5a■ glorifying people wh beat police officers on january 6th. let's macqp no mistake about it. on law enforcement as long as it's being done in the service of their leader,lp donald trump and here they're defending him even though he's threatening
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the people of manhattan with potential violence. you would wonder whether there's any floor to how low they're willing to go to su0qúrt this man, no matter what he does. but apparently we have yet to find that floor. >>çó but the legal jeopardy continues, whethere1 it's here manhattan where the grand jury continues its work and probably will okinto next week, and in t federal investigation in which the executive privilege that was extended or claimed by certainx people, including mark meadows, has now been struck down. tre are going to have to be more people who testify before that grand jury, which again, it's different from the january 6th committee because these eqi there under oath, and at some evident. thy know what the january 6th committee did.e1 they have got other testimony. that is av'%meq changer, the nes tonight that markok meadows and others will need to testify is a big deal.e1 >> it's a huge deal, and this may be ultimately the most significant development in terms of trump's liability of the last
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month. and it is exactly what you say, that is witnesses are appearing before the grand jury in the mar-a-lago case already. who are likely testifying against donald trump, potential i]i]criminality of do trump, and others like mark meadows in the even more serious investigation involving january 6th, are being required to testify. their claims of executive privilege are failing. and when they camet( beforeñr t january 6th committee, well, some of them came before us, some refused like meadows, some that came before us basically refused to answer questions about their conversations withi donald trump. thosexd evasions, it now appear department investigation. and that is the most chilling, i would think, fromfá donald trums perspective because these people like mark meadows and otherse1e around donald trumpç/r(áq in th best position toçó talk about trump's state of qmind, what he understood, the dangers, his
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once the violence began. they could be among the most &;rious witness. >> congressman, good to see you as always. thank you for joining us. congressman adam schiff. still ahead on "the reidout," trump's less than sutdal choice of location for his first official campaign rally should come asbszjf surpre after he warns of death and destruction if he's indicted. we're back after this. whoo! we gotta go again. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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president made his most explici] implication of viotbñ warning about potential death and destruction, his words, if he iq scheme being investigatede1 by new york grand jury. theq warning is being seen by some as an 'v%q%=9■ that trump, who is still the leading republican presidential candidate, may be trying toçó foment insurrection again.s9(t&% if he's charged. tomorrow, he's giving another dangerous bat call to his most loyalçó and violent henchmen, holding his first major campaign rallyxd in waco, texas. this just happens to be the 30th anniversary of the deadly standoff between the memberstó[ the branch devidian extremist bureau of alcohol, tobacco, and firearms and the fbi. that siege ended after 51 days when fires broke out during the fbi's attempt to breach the compound. 76 people were killed including
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25 qildren. waco has since been embraced by right-wing extremists. timothy mcveigh bombed a federal building in oklahoma city on the two-year anniversary of the waco dìáhp &% trump for picking waco for his % event, writing, quote, militia members and conspiracists know exactly what trump'sñi waco vis symbolizes.e1 they have heard the fbi and deep state, what he says will likely set the tone for the presidential campaign to come. every american should be concerned, end quote. dg met( no7yy■ dean obeidallah, and olivia troye, a forfu/■ homeland security and counterterrorism adviser to vice president mike pence. good evening to both of you. dean, let's talk about this for a second. there's nothing wrong with waco, texas. it's a great place withxd great people, but unfortunately, it will always havee1 symbolism attached to it, and holdingxd a
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rally in okwaco, texas, there'so other reason his campaign would go there. his campaign ist( sayingñi it's an important location. we know what this is.e1 donald trump announced his candidacy for 2024 in november. this is the very first rally. he could have picked any city, any state, any ñitime. and he announces last friday while headlinesñi are swirling might get indicted, he picked anniversary. and i wrote about it on msnbc, ( interviewed extremist experts. this is not a dog whistle. this is a train whistle to anti-government actors.i] these are the kind oft( people donald trump is u the patriot movement, so-called patriot movement, and he's bringing them in andq after january 6th, is he building an army or açó militia to protect m and help him and avenge him? potentially. that's what's so frightening.
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>> the houston chronicle called boys, the three percenters and other conspiracists. your old boss, mike pence, came out and said a weeke1 and a hal or two weeks ago whate1 donald trump did was threaten the lives of his family and he will be judged by history. there's really t%eoming a very clear line here about whether the republican candidate for presidency is going to be a conservative or this, wha] donald trump is rallying people &sau yeah, that's exactly the ph ahead for the republican party. i'll say this, the road ahead for the republican party right now to me looks likee1 donald trump. because when he's doing these types of things, when he's holding this rally on the 30th anniversary of what happened in waco and the campaign knows exactly what they're doing, trust me, i know, i know how they plan these things out. i saw that nightmare and know what they're capable of. all of these republicans who are
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not publicly rebuking this, that are standing by it, that areñi actually equally undermining the judicial system, the same people that have attacked the doj along the way in the past couple month, the same people who attacked the fbi in the last couple months, all of that has led to the culmination of this moment of the rally that trump is holding and theyu it. so all of these people are equally as complit and that's why i see the republican party as5 because while they may sit behind closed doors and say we're going tofá stare away fro this, they're enablingñr hiszv■ talking points, and everything he's doing. they're standing by and letting it happen. >> once in a while, dean, you'll say something that suggests that he doesn't thinklp donald trumps the best idea for the future of the republican party. olivia makes a valid point, really undermining the judiciary, law enforcement, the fbi. we saw after the mar-a-lago search somebody opened fire on an fbi office. waco is really ground zero for
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opening fireq on the fbi. this is a different choice than sort of trying to avoid being in donald trump's bad graces,ty$ic1 we have seen mccarthy do and others do. thise1 is different. this is somebody who is veering well outside of the lane of lawfulness. the whole idea of there will be death and destruction if i'm arrested. he had an image he posted on is now being taken down where donald trump was holding a bat and the guy in the picture cropped next to him was the manhattan d.a., alvin bragg. alvin bragg got a death threat today, i will kill you. so we have crossed the line. and look, i have -- this is akin to an isis and al qaedai] recruiter radicalizing people to do violence on theirt( behalf. donald trump is doing it on his behalf. i'm not over the top by saying that. i have talked to extremist experts who said that is true. here's the funny thing to me. i don't believe gopfát( leaders
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agree with trump. they agree with theok power it they're complicit. there's something deeply troubling. there was a cbs poll last year, the last republican, howfá do y% view january 6th? 51% of republicans, 51%, view january 6th as an act of patriotism. that has been going up. that should cg a halfewof one politicale1q par capitol as patriotic. a fascist movement on u.s. soil, and it must be called that, it must be called that by democrats. don't be timid about it. it ise1 fascism and theyeh@an m the case about it. it's violence toe1 obtain and acquire political party. that's what trump is doing. so olivia, you said forok some time you were kind of hoping mi(enceú position on it. he took a s7■position. he's quite decidedly oni] the right side of the5a■ insurrecti versus not insurrection line.
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but it doesn'tçó get him much feed. 49% of republicansfá who don't view january 6th as an act of patriotism, they're not controlling anything right now. >> no, they're not. this is a party of maggie. that's whoi] is in charge. the party of marjorie taylor greene. that's who is running the party right now. if we're not careful, we will end up with these people back in the oval w3office. when i view this, i don't seefá this as republicans and democrat voters. )jt to take a stand against what's happening here. dean is right, this is a movement of domestic extremism and the culminatione1 that has been emboldened and empowered. this is fascism on the rise in we need to take this verye1 seriously. we're in a world where anti-semitism is on the rise, anti-asian crimes. we're seeing this across the
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board, this is a country and we're in trouble with what's happening here. republicans are saying desantis, maybe we can follow him, we can support him, he's better. he's not. he's just a different version of donald trump, if you look at what he's actually proposing and the policies that he's enacting. >> dean, when you said it sounds whistle, two weeks ago when donald trump came out and i said of mussolini saying i'm your avenger. this kind of language, it's grie grievance, but it's hey, they're coming for you. all you have between them, the deep state, pedophiles, george soros, and you is me, donald trump. i'm here to defend you and avenge5a■ you and create retribution. >> you know, people should take a step back for a second. canjf you believe this is ameri, the leader of their party attempted a coup, incited a
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base loves him more than ever. this is notfá normal times. and they told us on the right, if we don't denounce terrorism, we're complicit. but the gop, they're not denouncing it, they're supporting a man who gave us a terrorism attack. january 6th was an act of 3 it only happened because of donald trump. we're in a very difficult positr it's alarming and i want people to be afraid, to be awarexd of what's going on. >> thanks to both of you. dean and olivia. dean has a story on this posting tomorrow morning one1 msnbc dai. coming up next on "the reidout," trump's legal woes continue to escalate as his attorney, evan corcoran, testifies grand jury investigating !u■5a■s stash of classified documents. "the reidout" continues after this. ♪ breeze driftin' on... ♪ [coughing] ♪ ...by, you know how i feel. ♪ if you're tired of staring down your copd,... ♪ it's a new dawn, ♪
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when a truck hit my car, ♪the insurance companyed, wasn't fair. eight million ♪ i didid't t kn whahatmy c caswa, so i called the barnes firm. i'm rich barnes. it's hard for people to k how much their accident case is worth.h barnes. t ouour juryry aorneneys hehelpou while a manhattan grand jury u hush money scheme remains on lp pause, ther"1 was movement on some of the other criminal investigations that donald trump is facing. one ofñi trump's lawyers,e1 evr corcoran, wasfá back in a d.c. court today for nearly three and a half hours. he had been ordered to rurp to answer umq%=9m■y1 before ae1w3 jury there investigating trump's mishawíning ofçó classifiede1 documents at mar-a-lago.
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now, corcoran is perhaps best known for draftingñi the june 3 certification letterv3!gnedxd b another trump lawyer, christina1 bobb, stating that@ó1■ classified documents at mar-a-lago had been returned to federal authorities after a, ñi quote, diligent search, end quote, had been conducted. of course, the fbi search last august revealed that statement toñi be blatantly false as more than 100 additional classified documents were found including some in trump's personal office. according to two sources who spoke to "the new york times," corcoran did not intend tusñ invoke his fifth amendment right against u he testified today. underscoring that he's f■ñ the target of the special counsel's scrutiny. a federal judge has also ordered corcoran to turn overi] additiol documents tied to the case which abc news describes as, q/e uyxd hand written notes, invoices, and transcriptions of personal audio recordings, end quote. and inq the other investigation ledxdt( by the special counsel
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in thet( january 6th attack and attempts to overturn>4)q 2020 election, the same federal judge has delivered another blow to the fo2ler president.çó according to nbc news, the judgo rejected trump'sñi executive ñ? former top aides to comply with subpoenas which means many of the people closest to trump will need to testify before the grand jury. take a look at these people. look at these names on the screen. mark meadows, robert e1o'brien, stephen miller, dan scavino. they're going to need to reappear to answer questions related to their w3interactions with trump that they declined to answer during their first visit. many of them declined to talk to the january 6th committeet( too. ñ ackerman, former assistant specialñr watergate prosecutor, formerñie assistant united states attorney for the southern district of attorney and someone with whom i have spent many hourse1 talking5 trump has done during the
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administration, but it almost feels like we'reñr on another plain now, another level. i was talkingñi to adam schiff o thought this last development i told theu cf1 oba@&hc% not going to work for a number of these close aides to donald trump, he thinks that may be the biggest development yet. >> i think it's huge because they have to go in, theylp eith testify or they're going to assert theire1 fifthr privilege, meaning that a truthful answer would tendçó to incriminate them, and at that point, jack smith can hand them have to testify. and i don't think too manye1 of these people are going to want to lie for donald trump. now, mau really the weak link here. he's the person that the government i think most wants to turn. according to what wew3 have learned in that january 6th committee, he had direct conversations with peoplew3 -- >> everybody, all over the place. >> all over the place, including roger stone and steve bannon and
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general flynn. mainly, he had the connection with the people that were up on capitol hill, roger stone and the proud boys and the other groups that were organizing up there. he can really provide the glue that ties donald trump directly to the violence at the ; so this is extremely significant. and it opens up a whole5a■ new of worms for donald trump and is really nothing but more bad news this week for donald >> so let's think about this. we think we know a lot about what meadows and these others were involved with on january 6th. but we don't fully know because ñ executive privilege to not testify beforee1 this grd jury. th january 6th in many cases. the january 6th committee had documents, they had the other side of xdtexts. they knew what the communications were, but there's something different about having to testify under oath.çó >> totally, totally. they have to actually explain what's in these documents. at one point, mark meadows
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actually turned over a number of his emails, and then suddenly got cold feetñi after he was basically warned byt( donald trp not to cooperate. but there are a number of emails they have. and there are lots of questions that can be askedq of him. really, if he goes in there and lies, he's putting himself in real jeopardy. >> let's talk about the new york grand jury. what do youoájjz is going on right now?ñi we had all sorts of commotion about the fact something was going to happen last week.■6m now theree1 seems to be a pause may or may not be another witness called >> i think it's the normal course of making sure that "váhing% in this indictment. that they're making sure that tt that they need, that the indictment is drafted thexd way it is. i mean, ironically, what's happened in the last couple days, even today with what donald trump did in threatening alvin bragg, that ought to be put intoq the indictment.
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>> donald trump, believe it or not, actually took down a post he posted. that doesn't happen all that awful. this was on truth social. it's twoçóçó pictures spliced together. on the left5a■ is donald trump h a baseball bat. on the right is his prosecutor, alvin bragg. you were a prosecutorfá 1)2!■ t southern district offá new york. how does this go over when you imply a threat toward your prosecutor with a baseball bat? >> it goes over into accounts for obstruction of justice, that's what it goes into. they ought to put that in. it's añi serious felony.ok it's going to be an easy one to prove. the statements he madeçó today his truth social. i think that ist( -- >> because nobody likes theirñr prosecutor, for the record. you may even not like your dentist, but you like your dentist more than your prosecutor. they must threaten prosecutors and judges all the time? >> no, that doesn't happen all theú÷time, not at all. i can't say i got that many
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threats over the courtg of time. people will say bad things about you. but threats, no. that is really unusual. it just doesn't happen. even the biggestu they put away, they just never had any kind of -- no threats whatsoever. >> you think that's a serious matter. >> this is way over the top.e1 >> alvin bragg did getxd an actq threat today. i understand he wants a tight case, but this is a lot oflp pressure. ñ he's being provided more possible crimes to charge. i mean, i have never seen a defendant like this, if i were his attorney, i would tell him to stop talking about it, keep his mouth shut.'c■ because this is exactly the kind of troubl]■á you get yourselfxd by doing what donald trump ise1 doing.ñr >> maybe some attorney did tell him because it's not often donald trump takes something down or back. he took that post down today. nick, good to see you ñc3again. nick ackerman, formerçó assistaa
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special watergate prosecutor, former assistant u.s. attorney in the southern district of new york. >> up next on "the reidout," another roller coaster week for the u.s. economy asçó officials try to navigate a strong economy, low unemployment and bankingwc/rjitters. is a regz on the horizon? we'll be right back. when covid hit, we had some challenges like a lot of businesses did. i heard about the payroll tax refund, it allowed us to keep the amount of people that we needed and the people that have been here taking care of us. see if your business may qualify. go to getrefunds.com. good news! a new clinical study showed that centrum silver supports cognitive health in older adults. it's one more step towards taking charge of your health. so every day, you can say... ♪ youuu did it! ♪ with centrum silver. i suffer with psoriatic arthritis and psoriasis. i was on a journey for a really long time ♪ youuu did it! ♪ to find some relief.
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over his handling of banking regulations and the inflation >> my views on jay powell are wellñi known at this point. he has had two jobs, one is to deal withçó mugf>ary policy, on is to deal with ÷%u1q%=99ñ he has failed at both. i don't think he should be i s to say it. >> those remarksçó came dayse1 before the fede1 raised their benchmark interest rates by another quarter percent. this is the ninth qt%e since last march. is it enough to ave/!■ a jpmorgan doesn't think so. they say, quote, we're already past the point of no return, that's according to fortune magazine. another potential train wreck, on wednesday, the treasury secretary said regulators are not looking to provide blanket deposit the u.s. banking system without approval by congress. right now, as you know,ñr deposs
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account. joining me now is kenneth, a professor of economics at harvard university. ken, you're the guy i turn toe1 when we have these 5a■questions. these are at the same time. jittery markets, a jittery banking system,w3 we have got stubborn inflation, interest unemployment and generally speaking a country that thinks the economy is doing okay. when you put tat allñi into a p and mix it up, what do you get? >> sounds like it'sçó very hard( read. with the economy iszv■ u pretty b%ujy if the federal reserve is5a■ willing to leave the inflation and bring it down really slow,vo so maybe instead of a maybe it's possible to avert a recession. but it's very tough. they are worried that they will leave inflation too long and it will end up feeding into
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interest rates because people will want to be compensated for the inflation. that's their fear. >> let's talk about interest rates. we are looking at about 6% basically if you want a 30 year fixed mortgage. that's more than double what it was a couple of years ago. if you carry a balance on your credit card right now you may look at 20% right now. the other side of the equation is, unemployment continues to be really low. that's a fighter that elizabeth warren and jay powell got into because he said we have to raise interest rates by x amount of money, it will cool off the job market. and elizabeth warren says that means people may be out of a job. are you prepared to make that trade-off? and he said look, better to make the trade-off for 2 million people than the entire situation. it's a tough situation here. we have low unemployment and people spend the money they earn. >> yeah. if we leave inflation it will have the problem that it will make everything more expensive
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for everyone, not just in the cost but i emphasize the -- you think mortgage rates are high? now wait till people realize that inflation is going to be around forever. the government's gonna have to pay more. and then they will have to tighten even more for longer. you know, it's a tough coming out of the pandemic. i think there was no easy answer to exactly what to do. it's not easy to read things. i think jay powell has done pretty well. there were some b)t mistakes in the regulatory oversights in the silicon valley bank that failed, but they got behind i think there is really not a big alternative to raising. although we've reached a point. they may need to pause, they may need to stop. i think what people have to get used to is the interest rates. 3%, 6%, they are probably going to be higher in the next decade than they were in the last
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decade. maybe not this month, but much but higher. >> can, i'm gonna brag about you. little you are the chief economist for the world monetary fund, ph.d. from m.i.t., you know a lot more about this than i do. but why aren't all bank deposits insured? why is every dollar in the bank not insured? because the fuel of the banking system is the people with extra money put their money in a bank that gets lent out to other people. shouldn't all bank deposits be insured? >> well, most peoples money is insured. you're insured up to $250,000. but there is a lot of other money in the banking system that's above that. silicon valley bank had accounts with billions of dollars. some those pay higher interest rates than you and i get. the travelers they ensure everything, and i'll let you in on a secret, bankers do risky stuff to make money. if they think that they're not going to get their deposit to run away, then there's no
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stopping it. we're in a tough spot right now because even though treasury secretary yellen has been trying to walk it back, basically people think they've guaranteed everything, and i think that a reasonable read of what they did. >> good to see you as always. kenneth rogue off's former chief economist of the international monetary fund and economist at harvard. coming up next, librarians find themselves on the frontlines in the escalating war over banning books, but fortunately they've got a champion in 100 year old floridian grace lay in. her incredible speech at a school board meeting is next. i think i've got it! doggy-paddle! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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shingles. some describe it as an intense burning sensation or an unbearable itch. this painful, blistering rash can disrupt your life for weeks. it could make your workday feel impossible. the virus that causes shingles is likely already inside of you. if you're 50 years or older, ask your doctor or pharmacist about shingles. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release,
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my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. >> the far-right crusade against education has reached a new level, with the american library association reporting a record number of demands to censor library books and materials in 2020, a 74% increase from 2021. many americans are fighting
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back, though, including a 100-year-old floridian named grace linn, who brilliantly called out the fascism inherent in book banning at a school board meeting this week. she explained to the board that her husband was killed at the age of 27 in world war ii defending the very freedom that she says is being taken away in classrooms and libraries throughout this country. >> one of the freedoms that they're not seize crushed was the freedom to read the books they banned. they stopped the free press. band and burned books. banned books and burning books are the same. both are done for the same reason. fear of knowledge. fear is not freedom. fear is not liberty. fear is control.
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my husband died as a father of freedom. i am a mother of liberty. banned books need to be proudly displayed and protected from school boards like this. thank you very much. what [applause] >> an incredibly compelling speech from florida and the nation really needed to hear. now if you recognize her story it's because she has been featured on this network before as a member of our velshi book club. she sent us a photo of the quilt she made when she was just 99 years old highlighting band and challenged books which she also featured during her address to the school board. turn morrow grace linn will be my special guest on velshi, the first time that a member of the velshi banned book club is our guest. you don't want to miss it. and that's tonight's reidout. joy is back on monday and all in with chris hayes starts right now.
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