now i know a lot of people they said with the economic downturn i got to go back to work you know they came out of retirement they don't have that option now release a lot of them don't but let me ask you about another impact on g.d.p. the tax cut you've got to say it's helped you know companies do some investing there's a arguing about too many stock buybacks but that's also going to fade over time right i mean that's sort of a sugar high won't be there for too long will it well that is one of the concerns going forward i mean there's only one time that you can bring money back onshore there's only one huge boost to share buybacks companies also have to consider that they're buying their shares at extremely high valuations and that they're not as shareholder friendly activities as they used to be and again to your point if you're speaking about the long term viability of this economic recovery which is art of the second longest in u.s. history you're talking about companies becoming very aggressive with capital expenditures and yet their c.f.o. as their chief financial officers are whispering in their ear there's an economic

slowdown in the making so be careful about what you do and don't invest going forward again i think we just have to be prepared for what is and navigable regardless of who's in the white house yeah i agree with you but we will watch if we get to that three percent growth that would be the first time since two thousand and five so we appreciate you keeping us informed and always providing insightful things like you gave us today the c.e.o. of quill intelligence danielle de martino thank you did you know thank you bart. and time now for a quick break but hang here because when we return must know what chan tells us how our smart t.v.'s might be too smart for our own good and are they spying on us or maybe the better question is how much are they buying want to see if you're going to want to see this plus how will disney leverage the assets and attributes of twenty first century fox with the deal about to go down i sat down the other day with in new york with steve walz bergen we have his lofty learned and always

entertaining take as we go to break here the numbers at the closing bell the tech heavy nasdaq climbing back today gaining half a percent overall we'll be right back. this is a piece in city of angeles when the u.s. military moved out the six tourists moved in. and now a whole generation of fatherless children is growing up here. my dad. was the programming. my baby is in general you write that i know you know.

my. son. that isn't the first time in the t.v. crew you see takes you were no. answer is a little bit now and that it's real or is it. that's it you know you what my god if . they don't think. you can take the gillum above that you can take the burden of guilt. for you know women you know. oh i love a good good. good good good. bang bang. bang bang bang bang. but whole existence to. put themselves on the line. they get accepted or rejected.

so when you want to be trusted. or somehow want to be. considered like to be prosperous what with the fog spree in the morning can't be good good or bad i'm interested always in the waters of our. quest. some people come. and they use indigenous people as you know we that the. people of the trees. mostly and so. on but you know. all of a sudden the man just. told me there was

a time. i said i will enter it in the they will not allow. you they will shoot we. had all along on a million million indeed i'm just i'm not picking on you again i mean you didn't die you could have been killed by the illuminati and i think that i think i'm a little bit like i mean the economy i you. and welcome back the foreign exchange unit of credit card company american express is under fire for allegedly baiting business clients with talk of favorable currency conversion rates then later changing to less favorable rates psych but wall street journal reports that the practice was widespread within amex's foreign

exchange unit since at least two thousand and four and i'm told earlier this year this year following the news breaking their stock took a big time hit in an internal memo american express leadership told employees quote if we find that we fell short of the mark we will fix the problems and take appropriate actions to make sure it doesn't reoccur the what appears to be in. swindle from my perspective reportedly targeted smaller and medium size business clients a constituency that generates about twenty five percent of the card company's revenues and that amex has said they hope to dominate in the credit card space the scandal amex echo similar episodes of widespread malfeasance that other finance and credit firms including revelations of abusive sales practices that bad boy bank wells fargo. and irish air carrier ryan air is on the verge of a major labor conflict after two twenty four hours drive by its pilots base to dublin the strike days impacted

a total of about sixty five hundred passengers and followed a vote by the irish airline pilots association to strike over personnel issues ground crews also stop working at least for ryan air hubs on the continent ryanair workers in germany voted on monday to strike and workers in the netherlands and dorset on the job actions earlier today now ryan air c.e.o. michael o'leary has escalated dispute with a threat to move jobs to poland if workers carry out another day of strikes which are planned for this friday aug third a representative of italian ryanair workers spoke to reporters about the fight last week. the second has been organized to tell it to the ryanair that they have to negotiate a c.n.a. collective labor agreement by innocent cabin crew where can you tell me we did unions that the workers have to spend. seven eleven franchisees say the corporate office of the u.s.

convenience store chain is trying to force them into a very inconvenient new contract the york times reports that owners and operators of the chains ninety one hundred us store locations say the main office new got contract offer would put many of them out of business store operators say that the japanese own chains corporate offers offices pressuring them to agree to a fifty thousand die. renewal fee even though they have steadily lost profit share to the home office since get this two thousand franchisees say their profits are reduced by requirements to stock store brand versions of best selling items that offer hot food items that generate profits for the home office but just add to the franchisees labor and waste costs the time sites u.s. regulatory filings that show annual profits at seven eleven chicago area stores are between three hundred fifty thousand and six hundred fifty thousand dollars. and south korean telecom giant samsung reported flat second quarter profits yesterday

as a twenty percent downturn in mobile devices profits slow growth memory chips however kept the company level samsung accounts for one of every five smartphones globally although with prices for a new samsung phone at over one thousand dollars some consumers are not getting the newest versions as soon samsung is also a major maker of smart televisions and for years they have been number one manufacturer of smart televisions i have a few at least for now we're going to listen to this story beside our smart t.v.'s too smart for our own good and are they spying on us at home and at work our teens manila chan gives us some important if unsettling news. over the past ten years homes have become smarter in the past year alone more than thirty nine million smart home devices were sold in the u.s. and according to industry insiders twenty seventeen saw about one hundred sixty eight million internet connected t.v.'s being used in america staggering numbers

more than half the u.s. population have smart connected t.v.'s already to save the growth of connected devices are robust is an understatement and those smart t.v.'s have made our media viewing abilities more dynamic and customized it has also opened up a pandora's box of data being collected on you everything from what you watch to how long you watch it what you browse they can even glean your political leanings based on the t.v. news outlets you watch the t.v. manufacturers can then share that data with their business partners to better cure rate the perfect ads to show you last year smart t.v. maker busy zero settled more than two million dollars with the federal trade commission over software on some of its t.v.'s that collected data on consumers without their consent that's what's prompting two democratic senators ed markey of massachusetts and richard blumenthal of connecticut to ask the f.t.c. to investigate whether internet connected t.v.'s are invading consumer privacy citing quote any entity collecting and using sensitive information should

comprehensively and concisely detail who will have access to that data how that data will be used and what steps will be taken to protect that information users should be given the opportunity to affirmatively consent to the collection and use of their sensitive information now legend legendary cyber security expert john mcafee had this to say about it and there's been a knock on effect of it all how do you know for example that the t.v. is spying on there. there are features for example that are coming out where simple hand gestures are enough to have the t.v. change the channel you know go up go down whatever so that you know if you fumbling around with the remote control so if you have a camera in the in the in the t.v. and the camera is is used for some purpose how on earth are you on another this is spying on you or not. this is issue i mean we had t.v. spying on us for years and i want to do until samsung finally admitted it not just watching but listening to fact in the manuals they now have if you want to have

a private conversation do not do it in front of the t.v. last year wiki leaks published vault seven which detailed malware created by the cia in cooperation with the u.k.'s m i five called weeping angel it could effectively use your smarts to listen to you even when you think your t.v. is off we asked john mcafee if he thought new legislation could hamper the threat here's what he said the government has all the power they have the enforcement they have the police they have the legislation and they can make more if that's not affected so now we have we have no power so while sales of smart t.v.'s and a host of other smart devices don't appear to be slowing down regardless of any cyber threats will see the internet of things become that much more tricky of a space to protect in washington miliband r.t. . with the does the twenty first century fox deal seemingly done what assets and

attributes will does the gain from fox and what will disney do with them here to give us his take is conservative t.v. and radio commentator steve malzberg steve thanks so much for being here we've discussed the media merger madness before but what is it that disney's going to get from twenty first century fox that's really the most valuable deal first let's point out what they won't get a lot of people think oh disney is going to get the fox news channel that's not happening they're not getting the fox news channel they're not getting fox sports fox to port days or the big ten channel so that's that they're not getting but they have so much that they're going to get they're going to just be a giant the mouse is going to be a giant mouse they're getting good twentieth century fox t.v. the simpsons and all the t.v. programs that go with that they did twenty first century fox they're getting national geographic they're getting access to international markets all throughout europe in asia and latin america television i mean they are just going to be

they're huge now but they're this that's why there was such a fight over this because they it is a crown jewel fox was to both comcast and disney and disney is the winner so they're going to have a lot and it's going to benefit them in so many with different ways i don't know how this worked out but in late may i was down at disney world of florida and i went on the avatar right which is great the best ride i've ever been on but that's a does the product added avatar james cameron movie so much for how they have it but what other sorts of things x.-men i think of that are twenty first century fox own will be seeing rides eccentric disney of the. planet of the apes all my go through some ride with that i mean that they're going to they're going to be able to use so much of the dizzy of the acquisitions that their theme parks and of course let's not forget the merchandising i mean just like they did with star wars maybe that didn't work out so well but you know do. merchandise is

everything at the disney store and throughout their theme parks so they're going to have a fantastic for all the movies that you would that you don't know or don't know is associated with fox and owned by fox all of a sudden disney has them and this is good i mean they could open up you know special theme parks just for the fox acquisitions this is going to be huge let me ask you before we go sky the european pay t.v. service that does the own i think you told us before thirty nine percent something like that but comcast which bowed out of the effort to get does the really want sky and comcast needs sky what he thinks happening with that well you've got disney is going to get the thirty nine percent that fox owned of sky comcast will probably get the rest comcast would like to have it all now hulu went through is into this because hulu is basically own thirty percent between fox and comcast and disney it's split up their third there are so maybe there's a trade people are talking about a swap in the works where comcast would give their remaining to disney their hulu

shares to disney disney with their own all of hulu and then disney in return could give the sky shares that they got from fox to contest and comcast would own all of sky so that seems to be what most people think will happen sky a pay t.v. service throughout the five countries with twenty five million subscriptions so it's a very important piece of property well we'll keep following it we appreciate you helping us steve malzberg thank you. well i told you we were jam packed so that's it for this time you could catch boom bust on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. that the free t.v. app channel one thirty two or as always hit us up at youtube dot com slash boom bust r.t. will catch you next time.

this is says harlan kentucky. we've all read this group the boys suzy we're going to story fanny's leave only. a co money since she was almost no coal mines left. the jobs are gone all the pay rises to. that it was a laugh to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. on this edition of crossfire we consider one question is donald trump's america first policy in contradiction to the washington consensus idea of american

exceptionalism the answer this question will likely define trump's presidency and change the world the polls. nor make this manufacture consent to instant of public wealth. when the ruling classes project themselves. in the final merry go round the sun be the one percent. we can all middle of the room sick. in the real news is the. last of the people in my variance of that bombing we were in that number on this. all day it's clear insists all this.

growth. that you would not something that. you see in. this is. a church secret indeed priests accused of sexually abusing children can get away with it quite literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot were the previous standards not the highest ranks of the catholic church help conceal the accused priests from the police and justice system to that it has known as the end then i think you learned to use this out in.

its path. america's immigration agency claims police and portland refused to answer nine one one calls and come to their aid during violent protests against president trumps an immigration crackdown. a migrant support group holds its work going to deprive paris neighborhood saying the situation has become explosive also ahead. this morning a registration type crime that has been a large crowd and yet the media and the government some are treating it like an expert on. the lore of marie abortion the russian woman accused of being a kremlin agent and the u.s. tells r.t. the case is being blown out of proportion. and south african comedian and presenter of the daily show trevor know what may top america's t.v. personalities charge but some say his jokes go too far. oh rule might be

don't joke about something called a massacre or just say i don't know if there's any rules but they stay away from massacre. this is r t international bringing you your live news update this hour welcome to the program. first in the u.s. no nine one one help for you if you work for ice the immigration and customs enforcement agency their police in portland in the state of oregon are being accused of refusing to respond to some emergency calls from ice agents who said they needed assistance to handle violent protests against their agency it's facing a huge backlash for the way it handles migrants right now where the ball movement staging protests across the country and reports from one of the. these protesters

are part of an ashen wide campaign all over the country protesters are demanding that this law enforcement agency that enforces u.s. immigration law be abolished r r. r r r. b k. a i i i i in the trunk administration has pursued what i believe is a deeply in moral and haphazard policy that fundamentally betrays american values obviously that's unacceptable and the american people expect better i am to do calling on the architect of this humanitarian disaster department of homeland security secretary cures to nielsen to step down protests like this are happening all over the country and in fact there were protests in portland oregon for up to a month up to a month leading up to july twenty fifth there were protests outside the ice office

in the city of portland oregon a lot of ice employees said that they actually felt threatened by the protesters they said the protesters were menacing them that they were blocking the doors to the building and not enabling them to do their jobs properly kind of interfering with their lives they called the police very frequently now ted wheeler who is the mayor of portland oregon instructed the police department not to respond to the calls from the federal employees in this case i have consistently stated that i do not want the portland police bureau in gauged in securing federal property but houses a federal agency with its own federal police force chaired wheeler is the mayor of portland oregon which is one of the many cities that are being described as what you call sanctuary cities that are not cooperating with federal immigration officials they're basically defying the federal government not cooperating with it now u.s. attorney general jeff sessions has ordered these sanctuary cities all across the united states. to start complying with the federal immigration officials but

they're refusing to do so now all across the country there have been protests against ice the immigration customs enforcement agency of the united states now many folks who are opposed to donald trump has been calling for this agency to be abolished however there are also going to number of supporters of donald trump who have actually been defending the agency ice has been terrifying more people than they are being terrified i'm sorry they're taking kids captive this is our duty to see every human being as a human being not in a way and all the words they use is so racist it's so unfair and i'm sorry i have no sympathy for them they chose this as their job trump is doing what's necessary to make us a country and you're obama we didn't have a border we had a welcome at. these the illegal aliens come to here and get everything for free oh my tax dollars ok how do you

think about that. political blogger anthony brian logan told us he believes refusing to protect ice agents from harassment could be a violation of the u.s. constitution. every person has their right as a u.s. citizen so they're breaking the law they're breaking the constitution well it's a case in which they're talking about is is to randomize agents walking and being harassed by protesters the local police supra most of the protesting and read that in macon a federal government come in and put boots on the ground i think the regular police would be a much better alternative then haven't a federal police come in and try to produce trees i think he would see more conversations like this this is not anything new to be going on for a little wow ever since trying to get elected and he's people are totally irrational and they're driven largely by the mainstream media as long as the mainstream media is complicit if you continue to see more things like this

unfortunately. increasingly volatile atmosphere and one deprived paris neighborhood is forcing a migrant support group there to end its work volunteers say the situation and wash up oh has become explosive and they no longer feel safe over the past two years the group has distributed more than two hundred fifty thousand meals and other supplies to needy people an area charlotte didn't skate picks up the story. in paris is a gritty eighteenth hante small town hundreds of migrants clustered together on the streets they gather here as it's where food is distributed by a local follow to group but after twenty months solid data to me call wilson looks set to close its doors saying they just can't take anymore the thoughts of it's become more tense we're serving around seven hundred breakfasts every day to migrants who live in terrible conditions they have nothing not even tends to sleep

on the ground and sometimes woken up by the police early in the morning they kick them and use tear gas to move them so when they come to us they're stressed and nervous twice last week we had to stop serving food to let the tension calm down this is something new for us so yes we are stopping migrants have been expelled by police in this area many times felipe tells me that despite this they come back and every time they do this situation becomes even more desperate from the beginning our mission was to serve hot drinks and bread and we've done this for twenty months every day during the last month we started questioning our mission as we day one i volunteered to be put in danger. who is to blame for this situation for not giving enough help to the migrants on the streets is this the mayor of paris is this the government of france. that is all for us is both the state is responsible for people on the street for taking in migrants at the same time the authorities in

paris are restricting access to water taps in the summer is irresponsible they also have a responsibility towards the miners their miners who sleep on the street and in the camp of drug addicts me this day nor the parents administration is doing its job. with the authorities not providing enough support the volunteers are giving up just a stone's throw away from haiti is an area known locally as crack hill that's also made things worse for those working to help the migrants felipe says that some of the drug addicts are also coming for food handouts and causing problems. the drug addicts revaluated recently but nothing was done to help them and they came back to the now come for a break for this too it creates additional tension they're aggressive including towards the volunteers so this is an explosive situation. while we're recording the interview meet the food distribution point to an individual approach or a movie that i saw lambeau media in which there's your reality and i was here i was

really. so basically. with some of the people. tell me we're not filming that scene but they just kept up with the camera and. the let it works it said the. more people are coming nothing's being done about it and there are the drug addicts as you saw it's impossible to film people here it's becoming more difficult than before we think the situation is explosive and it puts is in real danger. by shutting up shop. know that they are cutting off a vital lifeline for fun ripple nique illness but as well as doing it out of concern for their volunteers they hope to move to prompt the authorities to stop ignoring the plight of migrants and force them to take action. r.t.

paris. marie abortion that made headlines last month after being arrested in the u.s. on charges of acting as a russian agent in addition to allegedly working on behalf of the kremlin to interfere in u.s. politics it's also been claimed she was trying to lure american money to russia or to america has spoken to britain of war about the case the full interview will be appearing soon on its you tube channel. well i think if you read the indictment of the case is alleged to be an agent over russia who failed to register with the attorney general and so essentially that means is they haven't charged with espionage and if you read the allegations against or know the allegations or anything spy like about it the sense of the government is conceding that even under their own theory if she'd fall the piece of paper with the attorney general's office at the beginning of her trip to america everything she.