Skip to main content

tv   CBS 2 News Sunday  CBS  November 15, 2015 6:00am-7:00am EST

6:00 am
many are praying for paris this morning as the city continues to cope with the many losses from the deadly terror attacks. we have new information about the victim, one an exchange student from california, one the gunman. >> i am not afraid. be out, be outside. >> we are rode to fight and -- give up. >> the devastation from the tragedy is felt earn the world. calls for peace and signs of unity and support to honor the lives lost. >> and plus, taking no chances. security is heightened throughout the city in an abundance of caution. cbs 2 news sunday morning
6:01 am
starts right now. good morning, 6:00 a.m. i'm diane. >> i'm andrea grimes. here's more on the forecast this morning with vanessa. good morning. going to be a beautiful day. temperatures about 10 degrees warmer than yesterday. calmer winds and lots of overall, it's pleasant. let's go ahead, shall we, and look where we stand now and that is because it's cold now. forty in the city; 35, sparta: , 29, greenwich with a slight windchill. and edison, feeling like 27 degrees and certainly chilly this morning. the sun will be rising in about 40 minutes or so and as that happens, the temperatures will warm up and there is a big area of high pressure dominating the forecast. a few high, thin clouds and that is a mostly sunny weekend. by 9:00 a.m., 42 and winds out
6:02 am
winds out of the west at 5 to 10 and the high is 58 degrees and looking lovely with lots of sunshine and by 9:00 p.m., down to 49 degrees under clear skies and back to you. >> thank you. to our top story, leaders in france promised to wage war on the islamic state following the attacks on paris. >> and police arrested at least three people, including the brother of one of the suicide bombers. the arrest came after a car with belgium license plates was found close to the site of one attack. overnight, french police identified one of the attackers as 29-year-old freshman ismael mostafe. he's known for his ties to islamic radicalism. >> and that is the victim. we're learning about the victims. at least 129 people were killed in the attacks, including a college student from california. that is the photo you were
6:03 am
jonathan has more from france now. >> reporter: good morning. we're sitting about a block away from the bataclan theatre, one of six cloaks where the attacks took place on friday and right now, you can see the road is blocked off and investigators and a forensic team are inside piecing what unfolded altogether as you mentioned. we do know the identity of one of the attackers but the remaining six remain unknown and there is still a concern that others are at large. thousands of french police and troops swept the streets of paris as the fear of another attack remains too real here. growing vigils and memorials line the streets as the country mourns. home. we wanted to go on the street and live again and not to feel the fear to have. >> reporter: paris was rocked friday night. french officials say three teams of terrorists armed with
6:04 am
suicide vests launched coordinated attacks on calfs a, a soccer game and concert hall. crazy. >> reporter: 23-year-old cal state student nohemi gonzalez with friends. she was spending a semester >> she brought joy, happiness, laughter to everyone she worked with. >> reporter: as a precaution, many of the top tourist attracts have been closed, including the eiffel tower and the louvre. the french president hollande carnage. one of the attackers was born in france and had a petty criminal record. they're searching for accomplices and vowing to take me mercy come they're tracked down. and police say this morning they did find a black car they attacks. about six miles outside of paris and in a suburb. it was abandoned. this is further fueling the
6:05 am
attackers at large and a larger network in place. live in paris, jonathan vigliatte, cbs 2 news. >> the president of france is beefing up security and raised the country's security to the highest level and deployed an estimated 3,000 troops to restore order there. several cultural and entertainment sites in paris remain closed, including the i'veem tower, disneyland paris and the louvre. in moan, a colorful display of love and support. the famous arch at washington square park was lit up last night in blue, white, and red, the colors of the french flag. earlier in the day, the crowd broke into a rendition of the french national anthem whole under the arch, a monument modeled on the arc de triomphe in paris.
6:06 am
>> we feel such deep sorrow. we feel a sense of loss with the people of paris. >> they must know what people in paris feel like. and we really appreciate that. >> another vigil is set for today in manhattan and it will be tonight at bennett park at 6:00. and as local communities show sent for the victims, the police in the tristate area are on high alert. they're stepping up security across the region and met life stadium is no exception. alaina gold has more. >> reporter: diane, police are not letting their guard down. today, they're going to being heavily focussed on met life stadium for the game this afternoon. there will be many layers of added security inside and outside of the stadium. football fans can expect a heavy police perhaps at met life stadium for the giants versus patriots game today. troopers beating up security around the perimeter in the
6:07 am
authorities warning fans to not bring bags here and if it's a must, the bag has to be a clear one. the nypd stepping up security across the city and it's more than evident. the officers heavily armed in time square where teams have been patrols crowds as part of a operation named hercules. >> and we'll see -- you'll see police out in public places with arms and weapons than you would normally see in greater numbers. >> reporter: and they're making presence known at places out of the way, including webster hall, an east village concert venue. >> i think it's in an abundance of caution. does it make you feel better to see this? >> i would feel safe about it. >> reporter: the flopped doing bag checks across the city, including at subway stations and they're ready for possible threats. that i have specialized equipment and undergo intense weekly training for active shooter scenarios. they're not letting the guard
6:08 am
down after terror attacks in paris. >> and this has a broad target set from locations involved in sporting events to bars and concert halls and crowded public places and that is a great swath of new york. what you will see is an increased general presence in the number and type of police you will see. >> reporter: you will see new intense mobilizations in most places you travel. the port authority of new york and w jersey tipping up -- stepping up patrols. they have bag checks systemwide. law enforcement is warning everyone to be on high alert. so, the message from police if you see something, say something and they also want to emphasize there are no specific threats in our area. live at met life stadium, alaina gold, cbs 2 news. >> thank you and stay with cbs 2 for continuing coverage of the attacks on paris. we have updates on the website, cbsnewyork.com. and the attacks were a hot topic at last night's
6:09 am
democratic debate. how the presidentual candidates plan to fight the war on terror. >> and back on schedule after flights were halted at every airport in our area and what the faa said caused the delay. >> and first, here's vanessa murdoch with a check on the forecast. >> have warm tea. it's cold out there and coming up, we'll talk about a nice start to the workweek. every sip. the taste uniquely dunkin'. each cup uniquely you. brewed fresh because it's not just any coffee. it's your coffee, your dunkin'.
6:10 am
6:11 am
soo li oca n.t t t pt.etio there are over 15,000 ways to take your coffee at dunkin'. every cup as unique as you. always fresh with that signature smooth taste. we take pride in every cup, but only one is your coffee, your dunkin'. america runs on dunkin'. . we have an update on the outage that caused serious delays at airports in our area. and flights are back to normal this morning. >> and last night, flights were delayed more than 2 1/2 hours the the major airports. long island macarthur, westchester county and teterboro were affected. the faa said an external communications problem prevented any planes from landing. right now, there is no
6:12 am
indication this has highs to terrorism. and an investigation is whyndway this morning after a body was discovered at the playland. a woman's body was found in a lake on the amusement park property around 3:30 yesterday afternoon. and there were no obvious signs of foul play and the medical examiner will determine the official cause of death. no word on the identity of the woman. and some heartbreaking new details in the 27, 2007 home invasion chase in cheshire, connecticut, that left a mother and two daughters dead. the hartford current is showing that police were moments away from catching the killers. police were ordered to find the car being driven by convicted murderer steven hayes after he took the mother to the bank to withdraw $15,000. and hayes killed her and her daughters once back at the house. radio. >> i. and firefighters battled a massive fire in a brooklyn
6:13 am
more than 100 fees were needed flames. many people in manhattan reported seeing the smoke from are expected to be okay. the cause of the fire is under investigation. and to campaign 2016 sixteen this morning, the -- 2016 this morning, the democratic candidates returned to the campaign trail. front runner hillary clinton took hot from her opponents during the second matchup. and here's more from des moines. >> reporter: hillary clinton met with supporters after saturday's debate in iowa. >> thank you all for making this such an exciting and successful campaign. >> the democratic presidential debate. >> reporter: the former secretary of state was the first to field questions about for policy after the attacks in paris. >> we have to look at isis as the leading threat of an international terror network. >> reporter: clinton entered saturday's debate with a strong lead in the polls and her
6:14 am
after the front runner. senator sanders questioned the campaign cash three received from big business. >> why do they make millions of dollars of campaign contributions? they expect to get something. everyone knows that. [ overlapping speakers ] >> reduced his answer to impugn my integrity. >> cbs news partnered up with twitter for the debate and encouraged people to post their thoughts with a #dumb debate. twitter tracked which candidates were talked about the most and the most popular -- popular topics. >> you saw a lot of conversation about issues and conversation about wa street. >> reporter: the former maryland governor martin o'malley's most talked about moment came when he talked about a candidate from the other party. >> let's say it in our debate because you will never hear this from the emigrant-bashing, carnival-barker donald trump. the truth of the -- truth of the matter is -- >> all all three celebrated their performance. >> i feel good about the debate.
6:15 am
>> reporter: it's time for voters to decide. weijia jiang, cbs news, iowa. >> the next democratic debate takes place saturday, december 19th in manchester, new hampshire. and time now to check in with the forecast and vanessa murdoch is here with a look at the weather. you said it's going to get warmer? >> it is. mid- and upper 50s and tomorrow into the low 60s. >> wow. >> and very much a seasonable day. the winds are calmer and the sun will be shining in full force. pretty good to end the weekend and let's go live otherwise and show you a beautiful shot across the city skyline and why it's 40 in the city. we have west winds at 6 miles an hour and for areas outside of the city, temperatures are mainly starting off in the 30s but for today as we warm up, it will be significantly warmer than it was yesterday and degrees. a mild start to the workweek
6:16 am
with highs in the low 60s and rain returns on thursday and they look like they could be as significance as they have been. and windy and wet on thursday and we have a look to yesterday's wind gusts. they were impressive at laguardia and the highest was 45 miles per hour and newark, 48 miles per hour. in central park, we recorded gusts of 32 miles per hour yesterday and we could get a breeze this afternoon, it will be nothing in comparison to that. and we look at the temperature trend. yesterday, the high was 49 and with the winds, of course, it felt cooler. a high of 58 and tomorrow, 61 and tuesday, a bit of a cooldown. the next few days are looking good. and looking at november on the whole, 13 of 14 days have been above normal. of course, yesterday was the outlier with a high of 49 degrees. mild so far this november and looks like generally that trend continues until roughly next sunday. >> i think next sunday could be
6:17 am
in the upper 30s and low 40s and that is a ways away. let's talk about this morning. the skies are clear out there and they will stay that way for the day today and looking good with the high pressure in play but still cold out there to start the morning off with winds out of the west- northwest. today is the better half of the weekend if you didn't like the cold and wind. today will be warmer with a breeze but not a big breeze like yesterday. tomorrow, what is happening, the high pressure migrates off of the coast and warming into the low 60s and then a dipping cold front. we call them a backdoor cold front and dropping in on it said and making for a cooler stretch for your day and i think it's going to be lovely. mostly sunny with a high of 58. the winds out of the west at 10 to 15 miles per hour and calmest morning. overnight, mostly clear and not as cold. 46 in the city, more upper 30s into the suburbs for your day tomorrow and i love it.
6:18 am
mostly sunny and 61 with northwest winds at 5 to 10 miles per hour. tuesday, cooler with winds in off of the water and more clouds as well. and 55. wednesday, 61. the thick cloud cover with some showers late in the day and thursday will be the main event. and 63 degrees. the rain could be heavy at times and i anticipate pretty powerful winds late wednesday and into at lost the first half on thursday. friday, lingering showers and saturday, 56, look says to be dry now and as i hinted next sunday, if the forecast holds, could be our coldest day yet. >> and i love -- . >> yes. >> and enjoy the warmer weather today and tomorrow. >> and the seesaw temperatures continue. >> thank you. >> and time now, 6:18. there is a new effort to reduce the danger of deer on staten island. >> and i'm coming down snake kill one day and all of a sudden, boom out of nowhere and there is a dough out of the woods. >> and why some say it's a
6:19 am
temporary solution to the problem. . >> songs and signs of solidarity for paris in new york city. this is cbs 2 news sunday morning. phil! oh no... (under his breath) hey man! hey peter. (unenthusiastic) oh... ha ha ha! joanne? is that you? it's me... you don't look a day over 70. am i right? jingle jingle. if you're peter pan, you stay young forever. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. you make me feel so young... it's what you do. you make me feel
6:20 am
atou. keai oaaloa.t st tth: amy lkg) th's dfentinofun thsod t wke.leh e weofou.
6:21 am
. new this morning, police released surveillance photos of a man they say was involved in a string of robberies in cone pawleys island. he followed a 63-year-old woman into an apartment -- elevator andee had -- he is accused of robbing two others the past two weeks. new york is taking new steps to deal with the growing deer population. the department of transportation added six of the temporary signs to alert drivers about deer crossings. it's welcome news for drivers who have had close calls with
6:22 am
>> and i am coming down snake kill one day and all of a sudden, boom, out of nowhere. here comes a doe out of the woods. i hit the brake and just missed it. >> some residents say more needs to be done. the d.o.t. plans to post 21 permanent signs by the first week in december. >> and got shut -- scarlet knights shut down by nebraska. >> first, stefan curry led the warriors over the nets. 107-99. >> and here's more with the sports update. for rutgers football. the offfield issues, the coach being suspended and things that may have been forgiven if you rutgers lost four straight and won't be post season eligible. the next question, will coach kyle flood survive this? they have been in nine ball
6:23 am
caru was deemed good to go but the nfl bound receiver was held to 62-yards on four catches and kitchen singe at nebraska. razzle-dazzle ends up in the hands of the quarterback. and rutgers within a touchdown in the third and this is a must win for nebraska, too. last week, they upset seventh- ranked michigan state. and last night, they handed rutgers their seventh loss of the season, 31-14 and don't forget this afternoon on cbs, the giants against the undefeated patriots and that is at 4:25 p.m. for cbs 2 sports, i'm steve overmyer. it's latin flavor with a twist of grace.
6:24 am
ballet hispanico will take the stage next weekend. they have a extra reason to dance as well, celebrating the 45th anniversary. the dancers melissa fernandez and directors are here to tell us about the celebration. thank you so much for being on. edwardo, start things off by explaining how this is different from the traditional ballet people will think of? >> it's a fusion of ballet, contemporary dance and a latin essences and flavors that we have in our cutcur -- cultures and when you come to a presentation, expect the unexpected. >> and including live percussion, apparently, right in. >> absolutely. this year at the apollo, we'll premier a new work. the first full-length original work by fernando melo, titled if walls could speak and has live brazilian percaution with it. >> and being this is the 45th anniversary, melissa, what other special features can p.j. expect to see this year that they haven't seen in previous years? >> i think this year we're
6:25 am
experimenting with many new flavors as you mentioned and new choreographic ideas and i think the performance we're presenting at the apollo speaks highly toward a more theatrical face and many taping the flavor that is unique to us. >> and tell me how does why it feel to being a part of a production like this at a special time? >> and i am so, so happy to be part of ballet hiss panco. and i, i am so excited. >> we seen you dance before and we'll show you the -- show the viewers in a second. first, i want you to touch on how people can get tickets, thing. >> you can get them at the apollo website and ticket master and the apollo -- apollo. we have two performances, april 20th and 21st at 8:00 p.m. and we have a special matinee 21st. >> and those of us who need to that.
6:26 am
>> and that is right. >> for more. go to our website,
6:27 am
sneak preview now. early detection is critical in fighting cancer. a misdiagnosis or other errors can have serious consequences. for almost 40 years jacoby & meyers has successfully represented thousands of clients. winning them the money they need to take care of themselves and their families. you fight the cancer.
6:28 am
. >> that is the metropolitan opera performing the french national anthem at the opening of the performance yesterday. legendary tenor and conductor placido domingo led the moving tribute to the victims of the attacks. >> and you can see other over the city. >> and this fire on top of 1 world trade center was lit in the colors of the french flag. the empire state building was dark for a second night and a photo was posted with the statue of liberty page with the capping, paris, the light of liberty shines upon you. our coverage of the paris terror attacks continue. we'll have another live support from -- live edition coming up from france.
6:29 am
the attacks. his story and more next at 7:00. group," the american original -- for over three decades, the sharpest minds, best sources, hardest talk. john: issue one, the milwaukee debait. hosted by the fox business channel and "the wall street journal," this week's republican presidential debate was held in mauck, wisconsin, and focus -- in milwaukee, wisconsin, and focused on the economy, foreign policy and immigration reform. >> i like ike. moved a mall and a half illegal immigrant -- moved a million and this country. >> 12 million illegal immigrants, to send them back,
6:30 am
500,000 a month, it's not possible. and it's not embracing american values. john: what do you think of that open, pat? pat: i think it's going to help trump in the republican party. what ike did was called operation wetback, in those politically incorrect days, and he got this general to go down to texas and they moved one million illegal immigrants back into texas, deep into the interior. we learned later, recently, that some of it was very tough and in parts inhumane. but i will tell you politically, trump is taking that example which is well known in the immigration community, i've written about in it a couple of books, and i think politically speaking solely, it is an enormous benefit to trump who is up by almost 50 points on who is best equipped to deal with republican party. the question is, will it damage the republican party in the general election? will the immigration issue? but there's no doubt in the primary situation, trump had a real winner in that particular
6:31 am
eleanor: at least he had the good sense not to say operation wetback was that's an epithet, it was an epithet then, it's an epithet today that operation was a humanitarian disaster. people drowned. people died of dehydration in the desert where they were cordoned off. and president eisenhower started in, i think, april and may of 1954. by september it was widely seen as a disaster and it was over. and you can't extrapolate from that that you can now humanely deport 11 million or 12 million people, trump is talking about creating a deportation roll. it is ludicrous. jeb bush is right on this issue. he had a stronger performance in this debate, at least i thought on that. i look forward to the debate within the republican party on this. but this is going to be damaging to whoever emerges with the
6:32 am
nomination next year. >> i think what we're seeing is sharpening of the debate. they're about the opportunity for jeb bush to stand up, he's running out of time, he's on vapors right now, but also people like rubio who i expect in the next debate will be pushing back against trump. as much as there's an opportunity for trump to reinforce his mantra, i'm very tough on immigration, aisle getting them out, that's all that counts, it's very damaging to the republican party for obvious reasons in the sense that what happened under eisenhower was actually american citizens being withdrawn, but the idea that you can come into people's homes and take 11 and a half million people out, not only sit not logical but in a moral sense, it fundamentally undercuts the notion of american society and conservative. that the heart of the family is something important to the american psyche. >> trump wins whenever the mainstream attack him on illegal immigration. the presence of 12 million
6:33 am
illegal aliens is seen as proof of washington's incompetence and when jeb said that we just have to accept the failure of border control and legalize immigrants, jeb was shooting himself in the foot while attacking trump. >> there's no doubt he's appealing to his base, that is trump's base. however, i notice during his -- during bush's responses, a lot of republicans applauded this, didn't approve of trump's position. maybe that's because they could see republican fortunes going down the tubes if you have the same kind of turnout you had back in 2012. >> a lot of them flat out disagree, exactly. it's an inhumane policy. >> third world immigration -- immigration, mass immigration, illegal immigration into the continent of western europe, these are burn, blazing issues, they are changing politics upside down in europe. politically in the republican primary, this is a winner for trump. in the general election, i'm not
6:34 am
talking about. but in the primary this is a winner for donald trump. eleanor: but is winning the primary and losing the general election isn't necessarily what the republicans want. pat: got to win the nomination first. eleanor: illegal aliens, these are people who take care of our children, they work in our restaurants. pat: they broke into our country. eleanor: many of them are successful. we wouldn't have an agriculture with them. american corporations have benefited from this. if you want to fault anyone, fault american corporations for being a magnet for people who come here. pat: a country has to have borders or it isn't a country. >> that's a nice thought but the thing is, the number never changes. most americans, realistically, we've got so many folks who have undocumented workers cutting their grass and doing all the other jobs because there is a
6:35 am
demand for it. >> mass deportation and mass legalization, but some say, i thinks that good corrective for your thinking, pat if you don't mind my saying so, if illegal aliens are denied driver's licenses, banking services, and then if everify employment standards are required, the majority will eventually willingly go elsewhere. pat: there's no question that everify, going to every employer and say, get the social security number. if a guy doesn't have a social security number, is not a citizen, doesn't have a green card, they'll go back. who should be expeled? first any felons, people coming out of prison, people arrested on drunk driving. i do agree with that. if you do enforce these measures -- eleanor: that's what obama -- that's obama policy. pat: they'll begin to go back. john: they will. extreme measures are not really needed.
6:36 am
pat: some deportations are needed. john: it's being christian. pat: europeans are christian and let all those folks in, that's the end of europe, john. >> just as an addendum to this -- >> the what? >> addendum. john: is that about your green socks? >> these green socks are a statement. you have a candidate like rubio, bush, whoever it is, the establishment candidate, it helps trump. but all those other people voting, 6%, 7% for other candidates, gravitate to another candidate who is not trump and that allows republicans to say, here's another proposal. helps the economy, help prospect american society. but it's a more moderate thing. pat: i want amnesty.
6:37 am
john: i want to talk about the minimum wage, i want to set it up. every time we wage the minimum wage the number of jobless people increases. >> every time we raise the minimum wage, the number of jobs repeople increases. >> if you raise the minimum wage, you're going to make people more expensive than a machine. >> they're not going to be -- we're not going to be able to compete against the world. i hate to say it but we have to leave it the way it is. >> we do have a moderate increase in the minimum wage. eleanor: trump says wages are too high which is a 30-second ad, ready to be made, if he does -- by the democrats if he gets the nomination. and you know, $15 minimum wage is taking off around the country in various locales. for this string of candidates to be up there, spouting false statistics about how if you raise the minimum wage, disaster -- >> minimum wage is a job killer. >> it's not.
6:38 am
john: a modest increase, as cacic suggested. >> if we kept up with inflation, the real minimum wage would be close to $18 an hour now. you can raise it a little bit. pat: unemployment among the unskilled -- there's another issue that splits the republican party from the time they run for the nomination and the general election. in the nomination run if you say the minimum wage does kill jorks it does kill some. you raise it to 15 bucks a an hour, wal-mart said if you do that in d.c., we're not going to open a store. eleanor: maybe then the wal-mart employees wouldn't all be on government programs. they're not playing -- paying enough. it's a subsidy to corporations. >> very quickly, i seriously think, statistics will come out. i tend to think, having worked in a restaurant, the problem is that the people, the lowest suffer. the people who are on the minimum wage, utility, what's the cost equivalency for other families.
6:39 am
eleanor: having worked in a restaurant doesn't make you an authority. >> but it gives you personal perspective. it gives you perspective about the manager's choices about who they're giving shifts to. >> i've been to the middle east four -- there have been four times in the middle east where minimum wage was raised and unemployment didn't go up, it went down. that's because it depends on what the current economy is like. sometimes the real minimum wage can be higher than the federal minimum wage and that also happens. pat: states an can raise it. a rich state like washington or new york. i had a guy work for me, had 12 employees, all african-americans in alabama, you raise the minimum wage by a buck an hour, it would have wifed -- wiped out his profits. eleanor: that's what they say. they didn't allow for any they just come down -- option. states should have the option.
6:40 am
eleanor: fine, but republican mantra is basically if you give people at the low end of the income scale more money it somehow is a disincentive. but people at the higher end of the income scale, give them more money and that's a wonderful incentive. it's backwards. pat: the people getting hit by this are black kids. they are wiped out of the market. >> black kids don't live near where the jobs are. if we had a way to transport them out there. which by the way, about 20 years ago in boston, they had job surplus, they were busing kids from the inter city to the bushes to work at hamburger flipping jobs. what's that's what happens when they're -- you have jobs. >> this all comes under ethics, it comes under the more liberal governance model if you combine that with other things, what's it costing for a family in a place like new york versus a more conservative area. you see costs go up, you see it in california. i don't think it's as wonderful as it seems.
6:41 am
eleanor: the federal minimum wage has gone up under democratic and republican presidents. president george w. bush was the last president who signed an increase. this is not a liberal fantasy. this is what we have done throughout the years to keep up with the cost of living. now we're suddenly at a stone wall and it's become an ideological research. john: research shows that even a modest hike in minimum wage results in fewer entry jobs. eleanor: research shows that's not true. so we can meet in the marking -- parking lot afterwards and share research. john: i'm quoting way sick. >> it depends on where you stand where it -- where you sit. there have numerous times when minimum wage has gone up but unemployment hasn't gone up. john: we'll leave it far future discussion. bank exchange. >> i would not let the people who put their money in there all go down. as an executive i would figure
6:42 am
out how to separate those people who could afford it versus those people, the hardworking folks who put their money in those institutions. john: does anger over the bailout still permeate the public? >> yes, of course it does. but the problem becomes what dodd-frank. you look at community banks, bank charges, one of the twhings talked about on a previous show which i think should be a more consensual thing, when there's a white collar crime, that person goes to prison. pat: what happened here, all these banks, nationally if we hadn't bailed out those banks after lehman brothers went down, that weekend, merrill lynch would have gone down, bank of america, they had to intervene. but what both these folks didn't mention, you've got deposit insurance now up to $250,000 for small depositors. they're not going to be wiped out. at the same time, tom's point is well taken. when banks go down if you've got to bail out the bank, that's one
6:43 am
thing. but the guys who made the mistakes ought to be marching off to prison. none of these bankers were. they made a mistake, wasn't that did it. it's guys in there that did it. eleanor: building those cases has take an long time. some of those people are finally getting their due. but if a republican gets elected you know they'll try to undo all the reforms and that's going to help the big banks. pat: i agree with glass-steagall, separate the bank into savings an boar reing, hedge fund guys, let them do it. let them take the risks. >> the problem with that, though, they won't give loans because the investment fort foal yow is where they make money. >> they don't give loans now. john: what would you do if a bank were failing? bail them out? eleanor: i would bail out a bank if the whole global trading system were in danger. that's what happened in 2008 and 2009. pat: you talk about j.p. morgan chase.
6:44 am
john: cacic says, as an execive i would figure out how to separate those people who can afford it. >> the -- pat: the problem is j.p. morgan chase has $1 trillion in assets. these guys go down and the other bank's assets are wiped out. it's a house of cards and it call goes down.
6:45 am
debate. john: ok.
6:46 am
>> i want a government really, really small. is small you can barely see it. i want lower taxes and much more money in the private sector. >> there are more words in the the bible. and not a one of them is as good. >> we have to go to a three-page tax code you lower every rate, close every loophole. john: republicans offered a range of options from revising the tax code to jettisonning it altogether. what's your take on it? >> dream. eleanor: dream on. >> dream on, yeah. it has everything to do with everything but real mathematics. this is a problem. i love carly fiorina's idea of the three-page tax code. but start telling people that means no mortgage deduction, no charity deduction. all these deductions we're accustomed to. there's a reason every one of those is in there. each one requires a different legislative debate. every four years we hear the same tax ed bait, the same ideas
6:47 am
come out. >> i heard everything except the, what was that -- >> flat tax. >> flat tax. eleanor: and they -- >> there are some options. john: trump's tax plan has the most populist appeal because he proposes substantially higher taxes for the wealthy. eleanor: but he also proposes doing away with the estate tax, what they don't get back while they're alive, their heirs will be sure to get. pat: you want to talk realistically, john what the republicans will be able to do and can do is somewhat simplify the tax code and reduce tax rates and they can be relied upon to do that. as we -- as for getting the code down to three pages and taking the i.r.s. out -- >> a distinction between fiscal conservatism and rubio's pro-family, refundable child tax credit as a government giveaway.
6:48 am
>> kasich tried to advocate a val-added tax. >> you can lower rates, you can get a bit more revenue which i would say is important for things like defense. big-time need entitlement reform. >> wait a minute. eleanor: they didn't offer anything for the middle class. in fact they barely everyone mentioned the phrase middle class. middle class is basically at the heart of the difficulties this country is facing and the disparity between the very rich and the declining middle class. they seem totally oblivious to my of diinform, d -- to any of that >> they summed it up by quoting coolidge -- pat: when coolidge was president the federal government used 3% of g.d.p. it's now closer to 21 kt.
6:49 am
>> that's before my time. eleanor: population has gotten bigger. john: they used coolidge, j.f.k. and reagan as examples for supply side tax plan to cut rates. eleanor: when eisenhower was president, the marginal rate if you made big bucks, 90% of it went to the government. kennedy brought it to 70%. reagan took it to the 30es -- 28%. and it's never recovered except under bill clinton when we had a balanced budget. john: the t.p.p., transpacific partnership. >> we might want to point out, china is not part of this deal. >> if the u.s. is unable to take part with these countries in asia china will take the lead. john: is trump right when he called the t.p.p., quote, the worst, unquote and warned it
6:50 am
take more u.s. jobs? >> as rand paul pointed out, china is not in the deal. it undercuts trump's argument. but t.p.p. has become symbolic in that regard. eleanor: one of the stilling points of t.p. spmplet if the u.s. and other nations don't write the rules of trade in that part of the world, china will. it's a counterpoint to china. trump has it exactly wrong. pat: guys will get the job out of t.p.p., vietnam, cree aa, they're taking some out of china. but this is not in the interest of american workers who have been gutted by these trade deals for 40 years. that's why we have no wage increases. eleanor: you can't put globalism back in the bottle. pat: trump can. >> he's the only one. eleanor: it'll be a bottle built by trump.
6:51 am
>> in the short-term yes. in the medium to longer term, look how much wealth is created around the world. pat: but what about america? >> these countries will become wealthier. pat: the chinese are going to close their own market to america. do you think they'll be as stupid as we've been? >> that's the challenge to take cry in a on. pat: how will you crack them open? >> leave them out. pat: that's what you should have done. >> the fact is there are benefits for working class and poor people. pat: they lose their jobs, but they can get goods cheaper at wal-mart. >> it works both ways. tell people they'll be paying a consumer tax, literally, on the increase. >> a -- eleanor: a lot of jobs are coming back. g.e., for example, wanted 70% of its jobs offshore and 70% to india. they're now bringing them back because g.e. is so dependent on technology and data and they --
6:52 am
they're now outsourcing to rural communities in this country.
6:53 am
veterans. blinds to go's 60th anniversary sale is back... plus 1! woo-hoo! right now buy one get one at half price throughout the entire store.
6:54 am
hey, any excuse for a party. and big savings. blinds to go. blinds for life. party on, people. blinds to go's 60th anniversary sale is back... plus 1! celebrate when you buy one get one at half price off the entire store. blinds. shades. sunscreens. the entire store! 'cause the older we get, the more you save. that's just how we roll. blinds to go. blinds for life. john: this is veterans day weekend when we thank our veterans who have served the nation. here's tom's grandfather, james rogan a u.s. marine veteran,
6:55 am
assault on japanese-occupied okinawa in april, 1945, 70 years ago. >> what would you like to say to your friends back home in new york? >> i'd say hello to my mother and dad and brothers and cysters. i'd like to tell my mother that i met my brother peter out here who is in the first division, we'll -- will going on this operation with me. i'd like to wish my mother a very happy mother's day and i hope that everything at home is ok. >> good luck to you, jimmy. john: jimmy survived the pacific, then becoming a career officer in the u.s. army. he's alive and well today. rightly giving tom here on my left a scolding over his beard, and i would add to that his
6:56 am
bye-bye. whlesoonel ha a t f?at nfu unasthpor dgh
6:57 am
6:58 am
6:59 am

88 Views

info Stream Only

Uploaded by TV Archive on