according to us intelligence chiefs, russia has been responsible for systemic hacking in the united states ? systemics? in germany, as well? of the politics of those countries? because if you do believe that, and presumably, right now, your mindset is to view russia on various different fronts as "the enemy".|j trust the reports we have seen from many national intelligence services, including from germany and the united states and others, that russia is behind many of the cyber attacks. we have seen the same pattern against, for instance, nato's own cyber networks. that's the reason why we are stepping up, for instance, we have decided to establish cyber as a domain military operation, alongside air, land and sea. in a sense, these are hostile a cts sea. in a sense, these are hostile acts from the russian state against your members states and indeed against nato's organisation itself? yes. and we have seen the same pattern, we saw it in 2007. we saw a very big attack against estonia. that was one of the reasons why we started to strengthen our own cyber defences. which brings me back to where we bega

>> it's not that christians don't face purse cushion as well but the entire united states system is basednd the most vulnerable people and families, the most vulnerable individuals are offered the opportunity for refuge. so it's unfortunate to pull out a specific religion, a specific ethnicity or nationality and prioritize them over someone else who is also in desperate need. >> j.d. mccrary thank you for your voice. >> thank you. >>> and just a week into his presidency, donald trump is breaking with past u.s. policy on isis. he has discussed new alliances and new tactics for taking on the terror group. cnn's jim sciutto filed this report about mr. trump's plans to defeat the extremists. >> reporter: in his first visit to the pentagon as commander in chief, president trump outlining vetting measures. >> i'm establishing new vetting measures to keep radical islamic terrorists out of the united states of america. we don't want them here. >> reporter: also on the agenda, a new and aggressive plan to fight isis. mr. trump is establishing a series of objectives for fighting the terror group an

intelligence officials that russia had hacked into the mill systems in the united states -- the emails systems in the united states and try to interfere with the u.s. election? rep. walker: i believe there is a big discrepancy between what the c.i.a. has said versus the f.b.i. for me to pick or choose which is more accurate is not something i feel is my right to do. anyone,to make sure if russia, china, or anyone, is attempting to interfere in our elections, we need to do everything we can to exhaust every possibility to hold whoever it is accountable. i am not opposed to thinking they would not try to do that. if we are getting tens of thousands of attacks, cyber attacks from china and russia daily, weather state-sponsored or private sponsored, it is not outside the realm of thought these countries would try to damage any aspect of our democracy. i think we need to do due diligence. i don't think we need to jump to conclusions and say this was russia. at the same time, i think you can take the other extreme and say it could not have been russia. we have to make sure we are being dilig

it is certainly a major assault on the united states system of democracy. >> indeed. >> and it should be thoroughly analyzed, extensively analyzed by a bipartisan committee in the public, not in the secret halls of just the intelligence committee working through the republican majority getting trapped around never let out. it needs to be a public bipartisan commission. >> well, we shad see. senator jeff merkley, thank you very much for joining us tonight. >> you're welcome, thank you. >>> joining me now is neera tanden, president of center for american progress and matthew miller, former spokesperson for the justice department. i'll start with you, i'll ask each of you. neera, do you have any confidence that anything will be done about this? do you have confidence in the senate? you just heard senator jeff merkley say he has confidence in john mccain. do you have confidence in the senate? >> i share his confidence in john mccain but john mccain's committee is not enough. as you can see in this report there's really breathtaking details, one of which is that russia has a history of exp

across the united states system. across our agencies in this country. to help encourage and advise that they stay within the bounds of the law. the last thing, and i'll just finish with this, and you can give a quick answer, i'm running out of time, cooperation with the states. as i said earlier, our system of government is comprised of 50 states in a union under a constitution that establishes a federal government. and you and i both know well the tenth amendment says those rights and powers that are not specifically granted to the federal government in the constitution are reserved to the states and to the people. respectively. many of our states feel that that proper respect for their sovereignty is being accuse becaused, again, by federal agencies, not just the department of justice. but the justice department often gets involved in this through providing the legal services that it does to our agencies. and i could go through a ton of more examples and lists of litigation that is ongoing right now with my state and other states around the country. w

it is certainly a major assault on the united states system of democracy. >> indeed. >> and it should be thoroughly analyzed, extensively analyzed by a bipartisan committee in the public, not in the secret halls of just the intelligence committee working through the republican majority getting trapped and never let out. it needs to be a public bipartisan commission. >> well, we shall see. senator jeff merkley, thank you very much for joining us tonight. >> you're welcome, thank you. >>> joining me now is neera tanden, president of center for american progress and matthew miller, former spokesperson for the justice department. i'll start with you, i'll ask each of you. neera, do you have any confidence that anything will be done about this? do you have confidence in the senate? you just heard senator jeff merkley say he has confidence in john mccain. do you have confidence in the senate? >> i share his confidence in john mccain but john mccain's committee is not enough. as you can see in this report there's really breathtaking details, one of which is that russia has a history of explo

it is certainly a major assault on the united states system of democracy. >> indeed. >> and it should be thoroughly analyz analyzed, extensively analyzed by a bipartisan committee in the public, not in the secret halls of just the intelligence committee working through the republican majority getting trapped around never let out. it needs to be a public bipartisan commission. >> well, we shad see. senator jeff merkley, thank you very much for joining us tonight. >> you're welcome, thank you. >>> joining me now is neera tanden, president of center for american progress and matthew miller, former spokesperson for the justice department. i'll start with you, i'll ask each of you. neera, do you have any confidence that anything will be done about this? do you have confidence in the senate? you just heard senator jeff merkley say he has confidence in john mccain. do you have confidence in the senate? >> i share his confidence in john mccain but john mccain's committee is not enough. as you can see in this report there's really breathtaking details, one of which is that russia has a history

system. countriesese other piggyback on new developments that occur in the united states delivery system. then they buy the products in things that have been invested in through a lot of american technology. there is a real problem with the notion that we should just get rid of that and have a totally government run system because much of the promise for better health in the future is going to come from new breakthroughs, new research, new science. most of that is happening in the united states and we want it that way. host: on a totally government run system, sfr has a tweet saying that obama cares only success was its failure. it woke up americans to the failings of socialized medicare systems and they always fair. one more tweet -- no one should profit off the backs of the sick and dying. insurance as a for-profit enterprise needs to end. we have about 15 minutes left in the segment, taking your questions about the affordable care act and president obama's legacy in dealing with health care challenges in the country and the future of health care in the country. jim is waiting in little

the united states system with the electoral college is only two choices. we can play around third party, this and that, but it's not going to make it. i remember the damage that richard nixon did. and if that other guy, i don't want to say his name, if that other guy gets -- is president and hillary isn't president, don't think that black lives matter and the other progressive movements in this country will not be decimated in the same way that nixon decimated the panthers and that's the important reason that we have to unite behind hillary this time, because that's the choice. and then if she don't do what we do, well, we will protest her. >> we will still protest. >> but we got to stop that -- i can't even say his name. you know who i'm talking about. we got to stop him from being in the white house because you know. exactly. >> we only have time, a few more minutes left in this conversation. we want to open it up for questions to be answered. we have the microphone here. we will ask people to raise their hand and the microphone will come to you, okay? p

it is not like that here in the united states. here, our system of federalism established by the constitution, preserve their, reserves the ultimate power to the american people. after that, to the the governments that are closest to them. the closest form of government to the american people is a local and municipal government. we cherish cherish it in this incoming administration. [applause] it is you, america's mayors who know the unique problems, i would say especially. the problems your cities face it better than anybody else. you see them when you're driving home after work, you see them when you are going out in the morning. you hear about them when you talk to families and friends in the men and women who voted you into office. you live and breathe the reality of local life everyday. therefore, your your best equipped to assist the national policymakers in improving the quality of life and the prosperity, and opportunity of the people of your communities. every day each one of you tries to do everything you can to leave your cities a bette

it is not like that here in the united states. here our system of federalism established by the constitution reserved there, reserves the ultimate power in the american people. and of that, to governments closest to them and closest form of government to the american people is local and municipal government. and we cherish it in the same administration. it's you. it's you. america's mayores who know the unique problems, i would say, especially. problems your cities face. better than anyone else. you see them when you're driving home after work. you see them when you leave in the morning. you hear about them from family and friends that vote you into office. you live and breath the reality of local life everyday. and therefore, you're best equipped to assist the national policy makers in improving the quality of life and prosperity and opportunity for the people of your communities. and everyday, each one of you i know, tries to do everything that you can to leave your cities a better place than you found them and help your constituents have a sho

spends about half as much as a percentage of gdp as the united states. their systemeighting and things like that, but it is hard to express what a mammoth difference that is. you're talking about almost 9% of gdp difference. that is one out of 11 people who go to work every day are the extra health care activity here in the united states. so, i'm not saying we should system,e adopt their which is a single-payer system. there are other really good systems that are not single-payer. germany, switzerland, france -- they do quite well. it's one of the few things, access to medical care is one of the few things that we actually do quite a bit worse than other rich countries. there's some like education that a lot of rich countries don't do a very good job. of uniquelysort bad. charlie: health care and education we don't do as well as other people, other industrialized nations? bill: most rich countries don't do that well on education. there are pieces like universities, where we are the best in the world by a lot. so that one, we are more middle of the pack in terms of ou

justice department that will give strong advice where can and strong influence where can across united states system and across her agencies in this country, to help encourage and advice that they stay within the bounds of the law. the last thing, i will finish with this and you can give a quick answer, i'm running out of time, and that is cooperation with the states. our system of government is comprised of 50 states in a union under a constitution that establishes the federal government and you and i both know well that the tenth amendment says that those rights and powers are not specifically granted to the federal government in the constitution, they are reserved to the states and the people. many of our states feel that the proper respect for their sovereignty is being abused by the justice department providing the legal services that it does to our agencies. i could go through a ton of examples and lists of litigation that is ongoing right now with my state and other states around the country where, if we simply had a better level of respect for the role of states in this union and under our c

united and made a rare decision to state publicly that an adversary of the united states has been conducting a covert action against us using the most secret tools of intelligence warfare to subvert our political system, to destabilize our country, and the reaction of our president-elect has been essentially to dismiss, to minimize, to criticize the fact finders from the cia. i can't remember anything like this. if trump continues, there's every sign he will. he will set up a confrontation that's going to i think overwhelm his early months in office ads president. it's a strange way to start. >> the other thing that comey did say yesterday is in addition to the hacking, this is an ongoing propaganda war, it involves fake news, it involves rt, the official television arm which he said is now involved in propaganda. >> it involves our key allies in europe. in a column this morning in "the washington post" i quoted french and german officials who were talking about the same process of hacking by russia to destabilize their elections, which are coming up next year. chancellor merkel in germany has warned of the effect of these russian actions. trump seems to think this is all about him and belittling his

united kingdom. >> the european union, which we are still part of, has amongst the highest food safety standards in the world. we are proud to have public national health systems. united states is keen to have health systems that are fully open to private competition. they want to expert -- export genetically modified organisms and chicken meat washed with chlorinated water. will the prime minister tell president trump that she is not prepared to lower our food and safety standards, or to open health systems for privatization? or does she believe this is a worth paying for a u.s.-u.k. trained iliac and -- trade deal? p.m. may: we will bring prosperity and growth that will ensure we can bring jobs to the country. i can assure the right honorable gentleman that he is doing that. we will put u.k. interests and values first. >> thank you, mr. speaker. historic per capita spending an region is up to 40% lower for our local authorities. up to 60% lower for our transport project. does the prime minister agree that to build a country for everyone, we need to have a fair funding deal that works for everyone? p.m. may: i can assure him that our commitment in relation to the northern p

he fell inlove with the united states .i'm jumping ahead but he really came almost every summer after that to the united states. it was a very different kind of system in the united states, it wasn't this hierarchal, european professor system, it was very french and he appreciated that. he appreciated the equalization and teamwork and love the american culture. what i was trying to get at was where i jumped ahead was at one point when he decides he is going to stay here, he tries to convince heisenberg to come from germany and stay in the united states and his quote there, gino, you do it better than i do. >> he said this in the summer of 1939 he had already emigratedto the united states and he said i remember , in italy i was a prescott but here i'm a physicist like all the other guys around. it's so much better. why would you say stay here? heisenberg said my country needs me. my country will need me in the future, i am a loyal german. i'm a physicist. and he was a fairly decent person, even this is a little bit of a sin for an italian, even added water to his wine when he drank it. >> let's talk a little bit about this time. can i ask both of you

united states. an education system that gives our students no knowledge going forward. rusted out. factories, landscape, maybe there is some truth to that. i don't know. the market did sell off on what i thought was the back of that, came back and closed on the highs. the market doesn't give you this much time to buy low and sell high. so whatever you think about the day and the inauguration speech, i think the market goes higher. >> the longer we stay close to record highs -- >> less than a percent. we're 10 points away. >> the more chance it goes higher. >> that speech, whether you liked it or hated it. that was the feeling in middle america that people felt disenfranchised. it felt like the school system was terrible. they didn't have a seat at the table in the country. that's what got him elected. the market will go higher. >> this is exactly what we knew was donald trump, right? his platform has been all throughout the campaign trail. was this a departure in any way in terms of the level of protectionism in the speech? >> i don't think it was from the level of protectionism. i

united states. here come our system of federalism established by the constitution and preserve their reserves the ultimate power of the american people. after that, to the governments closest to them. the the closest form of government to the american people is local and municipal government, and we cherish it in this incoming administration. [applause] it is you, america's mayors who know the unique problems, i would say specially the problems your cities face better than anyone else. you see them when you're driving home after work, you see them when you are leading out in the morning. you hear about them when you talk to your families and friends of the men it women who voted you to office. you live and breathe the reality of local life everyday, therefore your best equipped to assist the national policymakers and improving the quality of life and the prosperity and opportunity for the people of your communities. every day, each one of you i know tries to do everything you can to leave your cities a better place than he found them and help your constituents have a shot at a better life. i want to promi

the united states with quite the vigour with which michelle 0bama has done so. of course, she was a powerful career woman in her own right as a lawyer in chicago, working in chicago hospital systems job that she had to give up tojoin her husband to come down here when he left chicago and became president of the united states. there have been questions about how happy she was to do that in the way that hillary clinton had also had to give up a career as a lawyer to become bill clinton's first lady. but she took on the role with gusto and barack 0bama has been very publicly grateful to her over the last few weeks, several times mentioning how important she has been and talking about how she took on this role that she didn't ask for but that she did so with grace and style. i think most americans would agree with that. and you look at the way she is able to communicate and the way she communicates and the way she's done it as first lady, notjust doing the odd conventional interview. you know dancing on tv with one of the late night tv hosts, doing james corden's car pool karaoke. melania trump being escorted onto the platform by the military guard there, a woman who will not be taki

across the united states system. across our agencies in this country. to help encourage and advise that they stay within the bounds of the law. the last thing and i will just finish with this and you can get a quick answer, i'm running out of time here, that is cooperation with the states. as i said earlier, our system of government is comprised of 50 states and a union under a constitution that establishes a federal government. and you and i both know well that 10th amendment knows that rights and powers not specifically granted to the federal government in the constitution are reserved to the states and to the people. respectively. many of our states feel that that proper respect for their sovereignty is being abused, again by federal agencies, not just the department of justice. but the justice department often gets involved in this through providing legal services that it does to our agencies. and you know, i could go through a ton of more examples and lists of litigation that is ongoing right now with my state and other states around the country. w

system. but even in the united states, we have pockets of people who have this system, union members, government workers have a system just like ours. and we just want to make sure that everybody has what the privileged in america have. >> that's great. theresa, i want to thank you very much for your time today. >> thank you. >> now here's a look at what's making news as we head into a new week "on the money." retail sales rose 0.6%, a little below expectations. auto sales helped power the number and internet retailers were strong, department store sales were soft. the nasdaq broke three consecutive highs on thursday before hitting a fresh one on friday. the dow and s&p were up on friday. amazon is hiring. it will soon create another 100,000 full-time jobs, all with benefits by the year of 2018. your cup of morning joe could cost you more soon, a price increased announced for coffee products including folgers, dunkin donuts and cafe stelo brands. >> detroit is switching gears. we're talking about where the cars are made. as much as any industry, the auto industry is feeling pressure from the nex

united states. over the past x number of years no individual that has come from one of these countries that has committed an attack in the united states. so the system that was in place was working very well keeping terrorists out. gained byittle to be the band that has been put in place. second, there are three huge downsides that will, i think, make us less safe when put together with the fact that there are not a lot of gains here. number one, this is going to be a recruiting boon for isis. plays into the isis narrative that the united states of america is at war with islam, the religion, and not extremism. as far as i know -- charlie: they will say they are not just banning us, they're banning all muslims. and it doesn't really matter what the administration says whether it is a hand on muslims are not. the way it is perceived in the world, the way it is perceived in the muslim world and arab world is as a muslim ban and isis will play to that. isis itself, as far as i know, has not said anything yet but the people around isis that amplify its message that sometimes speaks on their behalf are already talking about that this proves their point ab

does it see an advantage in assuming the kind of global trading system shaping role that the united statesoes then it will have to undertake some of the reforms that it has not done in recent yea rs. that it has not done in recent years. peter petri from brandeis university in boston, thank you very much. thank you. earlier, a us senate committee narrowly approved donald trump's pick for secretary of state, the former exxonmobil chief rex tillerson. members voted along party lines 11—10, clearing the way for his confirmation vote by the full senate. our state department correspondent barbara plett usher explained the challenges around his nomination. well, donald trump likes to appoint billionaire businessmen to his cabinet but the democratic members on this committee weren't convinced an oil executive was the best choice for the nations top diplomat. they said he was going to view the world through a corporate loans and he wasn't looking at american values that corporate lens. this kind of sharp partisan split is quite unusual when it comes to secretary of state nominee is. traditionally

united states being a nation of the statue of liberty rather than the nation of refugee camps and barbed wire. they have a huge stake in the united states supporting an open, tolerant global section -- systeme it for the reputation of the united states. what we heard out of the tech sector, we have heard rather less so far. i will be watching in particular the members of the advisory board that president trump has appointed to make america great again. caroline: that was larry summers. microsoft cofounder bill gates weighing in on the executive order on immigration and the impact on tech. his thoughts coming up next. two veryng up, different reactions to the travel ban. their diversions between airbnb and uber and what it reveals about the success of each company. this is bloombeg. ♪ caroline: general motors and honda taking their tech partnership to the next level. a fuel cell system for use around the year 2020. cooperating three years ago on technology to animate tailpipe emissions. and $85 million investment and operated within gm's existing battery pack manufacturing initiative. plus 48 hours has put a lot of focus on tech buddies and leadership. ceo of air being the headstrong words,

the plan to invest in infrastructure, which is really what donald is trying to do in the united states. banking systempass money through to where it is needed. francine: so what does that mean concretely? >> we put together several platforms that we give to banks that they pass through to enterprise. that, the money goes through in the banks don't risk anything. we have done that several times. together with the european investment fund, were putting around 600 million in the area of capital. there's clearly a market failure in italy so we can start creating a market. francine: but a lot of these small companies don't need lending, they need growth to expand. >> if you're small, it's difficult to open up capital. a growth equity midsize family companies to open up capital, and help them grow. francine: what is the most exciting thing for the cdp this year? so, wehe next month or are keen to take over a bank. the capital area, and the distressed fund which were going , and thenright now the growth equity. francine: thanks so much for joining me this morning. balance billion on the sheet, it's a huge in

we sorely need these infrastructure jobs and without improvements to our transportation systems, the united statesould lose more than 2.5 millionjobs by 2025. creating jobs and boosting wages is the president's top priority and this has been made clear over the past 36 hours that this is an area where he is taking immediate action. 0ne o'clock the president was speaking with the indian prime minister and we will have a read out as soon as thatis we will have a read out as soon as that is available. this afternoon the president will hold a bipartisan meeting with key senate leadership including majority and majority leaders to discuss his nomination for associate justice of the united states supreme court. he intends to have a decision by the end of the week. and an announcement early next week. and an announcement early next week. the president has made it clear he will appointjustices to protect our liberty and hold the highest regard for the constitution. he continues to carefully consider potential justices he continues to carefully consider potentialjustices based on their commitment to uphold

united states. mike pence becomes vice president of united states, and a system of moves onward.i think he is going to be much more like prime minister thatcher done like most american presidents. she was such a controversial figure, she was so determined to defeat socialism, and to change great britain to a more productive society, that the left just hated her. and that is what part of trumpets up against. this is not a standard election. this is not a normal period. he represents real change. and real change scares the left. >> martha: let's take a look at what he said to ainsley earhardt a little bit earlier today about twitter, because there has essentially been a lot of chaos going back and forth between him and the intel agencies and a lot of it comes through that venue. here is that. >> what about twitter? are you going to continue to treat? >> yes. look, i don't like tweeting. there are other things i could be doing. but i get. just honest media, very dishonest press. it is my only way that i can counteract. >> martha: why the decision on his part? >> look, i hope he cont

united states. what's that wonderful term? i'm jumping ahead but he really came almost every summer after that to the united states. he loved the freedom of it. it was a very different system in the united states, probably a hierarchal european, the professors, it was very different and he appreciated that. he appreciated the equalization, but teamwork and love the american culture. what i was trying to get at was, where i jumped ahead was that at one point when he decides that he is going to stay here, he tries to convince heisenberg to come from germany and stay in the united states and his quote there, gino, you do it better than i. >> this goes back to the summer of 1939. he had already immigrated to the united states and he said in italy i was a big shot but here i'm just a physicist like all the other guys around and it's so much better than being a big shot. i wanted to stay here and heisenberg said my country needs me, my people need me in the future.i am a loyal german area i'm a physicist. and he was, he didn't dress fancy. this is a little bit of a sin, he even added water to his wine when he drank it. >> interesting. let's talk a little bit about his party. can

united states. so i'm not saying we should just wholesale adopt their system which is a single pair system. there are other good systems that are not single pair systems -- germany, switzerland, france -- they do quite well. it's one of the few things, access to medical care is one of the few things we do worse than other rich countries. there are certain things like education a lot of rich countries don't do a good job on. this is where we're uniquely bad. >> rose: healthcare and education, we don't do as well as other industrialized nations. >> most rich countries don't do that well on education and there are pieces on top universities where we're the best by a lot, so that one we're more middle of the pack. it's healthcare access where we have ewe look particularly bad. >> rose: is there a clicking tock on global warming? >> yes. fortunately, it's not overnight. the really big impacts are in the 30-year to 70-year time frame, although it has already increased the chance of drought and storms and we're seeing that. >> rose: you can see a direct causation there? >> yes, the heating effect

the air traffic control system of the united states. it is based on radar. i'll tell you three initials that have nothing to do with the air traffic control system of the united states of america. gps. i have been banging on, some of you probably heard me say it, about jfk airport, laguardia, how terrible they were, and how this made a case for infrastructure investment, how it's terrible. well, eventually what i figured would happen, did happen, which was the guy who was in charge, the guy from the port authority, called me to try to get me to stop and he knew, he was a shrewd guy, he knew he wasn't going to get me to stop a good story unless he gave me a better story. so he decided to tell me more than i knew about the air traffic control system. he said how does the air traffic control system work when it gets really congested over logan, excuse me, over the new york area? he said well, they do some of it on the screens, the radar screens, but there isn't actually enough capacity for all the green dots and so there's another technology they use, thumb tack

election of the president and vice president by the states and those who supported appointment by congress. under our federal system, the people of the united states vote for electors who in turn vote for the president and vice president. the votes you cast today will be certified and sent to the u.s. congress anti-national arkishese. -- archives of the on january 6, 2017, they will be counted along with those of the other 49 states and the district of columbia in front of a joint session of congress. in accordance with 20th amendment of the u.s. constitution, the president-elect will be sworn in on january 20, 2017. in 1788, james mad while arguing for the adoption of the united states constitution stated, we may define our republic to be a government which delivers all of -- derives all of its powers directly or indirectly from the great body of the people and it is administered by persons holding their offices during pleasure for a limited period or during good behavior. today's elect yorl college proves once again the citizens of the united states are able to establish their government by choice. america's continued history testifies to

ipad.an call it up on your the vices of the political system of the united states. what is wrong with ameri merica, american popular politics and these excesses of democracy. legislatures te being annually elected which was popular except new england. but the turnover in some states 60%. so, every year you have 60% new people sitting in the and each legislature ad new things to enact, new interests in each election. so, the multiplicity. outlined three evils. ute ability, multiplicity and injustice of all the state laws. objection.s man multiplicity comes from the the ous legislatures, turnover. ore laws enacted in the decade since the declaration than in the entire colonial period. just in 10 years more laws than he 100 years of the colonial period. and the laws were mutable. onstantly changing so much so he said that judges don't know what the law is and they are of less in this flood legislation which keeps changing ith new people in the legislature every year all enacting their narrow-minded legislation.p most important for madison was injustice of the laws. he'

system. >> but even in the united states we have pockets of people who have this system. union members, government workers have a system just like ours. we just want to make sure that everybody has what the privileged in america have. >> teresa, i want to thank you very much for your time today. >> thanks, becky. >> thank you. >>> now here's a look at what's making news, as we had ed into a new week "on the money." american consumers kept on spending in december. a little below expectations. auto sales helped power the number, internet retailers were strong. it was a week of records for the nasdaq, as it broke a streak of three consecutive new highs on thursday before hitting a fresh one on friday. strong earns from bankings and financials sent the dow and s&p up in early trading on friday. those stocks closed mixed. amazon is hiring, the online retailer announcing tell create 100,000 new jobs all with benefits over the next 18 months. that will give the company more than 280,000 employees by the year 2018. don't look now, bur your cup of morning joe could cost you more,

united states. he loved the freedom of it. it was a verydifferent kind of system in the united states . it wasn't not a very hierarchal european professor system, it was different and he appreciated that. heappreciated the equalization, the teamwork . and he loved the american culture. but what i was trying to get at was at one point, when he decides he is going to stay here, he tries to convince his wife to come from germany and stay in the united states and is quote bear, gino, you do it better than i. >> this is 1939 and he had already immigrated to eisenberg. here, i'm just a physicist like all the other guys around us and it's so much better than being a big shot. why not stay here and heisenberg said basically my country will need you in the future. i am a loyal german. okay, i'm a physicist . and he stays. he didn't dress fancy. this is a little bit of a sin or an italian, he even added water to his wine when he drank it. [laughter] >> let's talk a little bit about his science. i'm going to ask both of you to answer independently because we have more budding scientists. so what wo

and you see that in the cities of united states, people have done better because the educational systemsetter, job creation is better, and so on. so to try to answer the question of what happens next, let's talk about it structurally and cyclically. cyclically, we are much better now than we were two years ago, four years ago, eight years ago. job creation is there, wages are rising. structurally, we have not really done the job. we are not investing more in education, either k-12 or vocational training. and we see that the likelihood that a young man is going to finish college is actually lower today than it would have been 15 years ago. tom: very quickly, is this a plutocracy? that what we are headed for? i don't mean to pick on mr. trump. it is like wilbur ross, secretary of commerce, someone that you and i know quite well. in a broader sense over the last decade or two decades, is it a plutocracy or gilded age that we need to fear? abby: clearly, when you look at the employment data, the family income data, people who are well educated, people who live in urban areas by and large hav

united states in what we call existential threat. an attack on mainland or something like this. but it is a serious breach of protocol. it's a serious breach of our security systemsere, and the united states should and is responding to that. >> is there any way the u.s. can protect itself against any future cyber attacks? >> i think in general clapper's testimony today to congress, he and the undersecretary and others all made clear that ultimately there is no way to 100% protect the united states to y other country, provide complete protection against cyber attack. there is a new phenomenon, and we have to deal with it. but there are ways to better protect ourselves, and we are doing that now. >> what do you think of donald trump's position, casting doubts on findings, and aligning himself with the weak pleeks founder, julian assange? >> i think this is the biggest problem we have in the united states right now in terms of the hacking. it is not the effect on the election or the fact even that the hacking occurred. egun to rift it has b make between the president-elect and the intelligence community. i think it is a combination of two things. one he is concerned

stake in the united states being a nation of of liberty rather than being a nation of refugee camps and barbed wire. got a huge stake in the united states supporting an open tolerant, global systemave that stake for their employees, for their customers, reputation of the united states. and they've spoken out. i've been gratified by what we've heard out of the tech sector. we've heard rather less so far of the mainstream business community. in i'm going to be watching particular to the members of the that president trump has appointed to help him make america great again. >> that was the former treasury secretary. cofounder bill gates also weighing in on president trump's executive order on immigration and its impact on tech. his thoughts, coming up. next. also coming up, a most successful start-up in silicon valley had two very different reactions to the travel ban over the weekend. into the divergence between airbnb and uber and what it reveals about the future of each company. this is bloomberg. ♪ >> general motors and honda are taking their tech partnership to the next level. the companies are teaming up to manufacture fuel cell systems for use around the year 2020. began col

systems. the united states, on the other side is keen to have health systems which are open to private competition. they want to export genetically modified organism and chickend washed with chlorinated water. will they tell trump she is not prepared to lower our food and safety standards or to open health standards for privatization or does she believe this is the price worth paying for uk u.s. trade deal. >> will be looking for trade deals that improve trade between the two countries that will bring prosperity and grow to this country, that would ensure that we can bring jobs to this country as well, and i can assure can assure the honorable gentlemen that in doing that we will put uk values first. >> thank you mr. speaker. when compared to london, it's up to 40% lower for local authorities and lower for our transport project. does the prime minister agree that if they want to build a country that works for everyone, we need a fair funding deal that works for everyone. >> i see the issues that my ble friend has raised and i can assure him our commitment in relation to the northern part of englan

united states. there has been over the past x number of years, no individual that has come from one of these countries that has committed an attack in the united states. so the system that was already in place was working very well in keeping terrorists out. so there's little to be gained by the ban as has been put in place. second is that there are three huge down sides that will actually i think make us less safe when put together with the fact there aren't a lot of gains here. those three factors are number one. this is going to be a recruiting boom for isis. this plays into the isis narrative that the united states of america is at war with islam, the religion and not extremism. as far as i know -- >> rose: they're not just banning us, they're banning all muslims. >> right. >> rose: even though it's not it doesn't really matter what the administration says, whether it's a ban on muslims or not. it doesn't even matter what the reality is. the way it's perceived in the world, the way it's perceived in the muslim world, the way it's perceived in the arab world is as a muslim ban and isis will play to that. isis itself as far as i know has not said anything yet but

united states. the election system in america is as good as it's ever been. >> we'll likely hear strong pushback from democrats on those false voter fraud claims. house minority leader nancy pelosi is set to speak in a few moments on that. democrats say the president has a penchant for making false statements. cnn's sunlen serfaty is on capitol hill. good morning. >> reporter: good morning, carol. that's right, house minority leader nancy pelosi is set to give her weekly press conference. her fellow democrats are already giving a preview of the tone we'll likely see coming from her, many condemning donald trump's move here. we heard from debbie wassermann schultz this morning, questioning why donald trump is questioning the validity of his own election. schultz says she's deeply disturbed by this and bringing out the "l" word, liar, about tru trump's move. >> what's the most disturbing about this is the president's penchant for lying. from the trivial, how many people showed up to watch his inauguration, to perpetrating the lie that 3 to 5 million people fraudulently voted in his presidential electio

the point i would make is the united states does have a refugee vetting system that is extremely well founded. i think that on a day when 100 google employees are being prevented from coming back to the united states, when an iranian-nominated oscar winner is unable to get into the united states, when people who have served the united states military as iraqi translators are unable to get through into this country even though they've been through the vetting system, what we see is not an absence of vigilance but the kind of perverse outcome you referred to in your first opening statement. this is a situation where the slogans of the campaign need to be carefully translated and parsed before they are turned into government policy. it seems to me what the administration could do now is turn to experienced professionals, like the defense secretary, general mattis, the foreign minister, the secretary of state, mr. filltillerson who due to come through this week. these are experienced professionals, there's real expertise there. the administration should turn to those experts and say let's