jeff bezos earned just this year so that's the context of how much this guy is earning a one year inthe meantime the entire west coast where he and his resistance or it's like remember jeff bezos owns the washington post where democracy dies in darkness and the resistance is strong and yet where they control much of the economy people are living in cars and you know these sort of professors at seattle university are concerned about where these people are pooping but the path that this you meant a physiological needs reminded me of mass knows mass los hierarchy of needs this is the bottom most basic need physiological needs above that is safety of course our government says that their only concern is our safety and that's why we have a trillion dollar defense budget and homeland security and t.s.a. who apparently follow americans all over the place but that's another story and then above that is love belonging esteem and self actualization love to yes or no. more along the muffin. hierarchy i mean you know it's like getting there physiological needs met julian assange over there that'

jeff bezos earned just this year so that's the context of how much this guy is earning a one year in the meantime the entire west coast where he and his resistance or it's like remember jeff bezos owns the washington post where democracy dies in darkness and the resistance is strong and yet where they control much of the economy people are living in cars and you know these sort of professors at seattle university are concerned about where these people are pooping but the path that this you meant a physiological needs reminded me of mass knows mass los hierarchy of needs this is the bottom most basic need physiological needs above that is safety of course our government says that's their only concern is our safety and that's why we have a trillion dollar defense budget and homeland security and t.s.a. who apparently follow americans all over the place but that's another story and then above that is love belonging esteem and self actualization love to yes or no. top. or low muffin. hierarchy i mean you know it's like getting their physiological needs met julian assange over there that'

jeff bezos earned just this year so that's the context of how much this guy is earning a one year in the meantime the entire west coast where he and his resistance or it's like remember jeff bezos owns the washington post where democracy dies in darkness and the resistance is strong and yet where they control much of the economy people are living in cars and you know these sort of professors at seattle university are concerned about where these people are pooping but the fact that this you meant a physiological needs reminded me of mass knows mass los hierarchy of needs this is the bottom most basic need physiological needs above that is safety of course our government says that's their only concern is our safety and that's why we have a trillion dollar defense budget and homeland security and t.s.a. who apparently follow americans all over the place but that's another story and then above that is love belonging esteem and self actualization love to yes or no. more along the muffin. hierarchy i mean you know it's like getting their physiological needs met julian assange over there th

jeff bezos earned just this year so that's the context of how much this guy is earning a one year in the meantime the entire west coast where he and his resistance or it's like you know remember jeff bezos owns the washington post where democracy dies in darkness and the resistance is strong and yet where they control much of the economy people are living in cars and you know these sort of professors at seattle university are concerned about where these people are pooping but the fact that this you meant a physiological needs reminded me of mass knows mass los hierarchy of needs this is the bottom most basic need physiological needs above that is safety of course our government says that's their only concern is our safety and that's why we have a trillion dollar defense budget and homeland security and t.s.a. who apparently follow americans all over the place but that's another story and then above that is love belonging esteem and self actualization love to yes or no. top. or low. hierarchy i mean you know it's like getting their physiological needs met julian assange over there tha

is a big headline i think will have an impact on twenty eighteen and certainly twenty twenty jeff bezos becomes the richest man in modern history topping one hundred fifty billion dollars the amazon dot com founders net worth cracked one hundred fifty billion dollars two weeks ago or a week ago in new york on monday according to bloomberg billionaires index that's about fifty five billion dollars more than microsoft co-founder bill gates the world's second richest man he added fifty two billion dollars just since january first of twenty eight hundred fifty two billion dollars works out to two hundred and seventy five million dollars a day he earned this year i mean you see the result on the main street in america shops are closing so jobs are disappearing you know there's an onion which is a humor magazine made a reference recently that bezos rolled out a new business model and then canceled because he realized it was slavery slavery is illegal. yeah but. this is a concentration of wealth that is unprecedented and it does create a society that is going down two very separate tracks ther

is a big headline i think will have an impact on twenty eighteen and certainly twenty twenty jeff bezos becomes the richest man in modern history topping one hundred fifty billion dollars the amazon dot com founders net worth cracked one hundred fifty billion dollars two weeks ago or a week ago in new york on monday according to bloomberg billionaires index that's about fifty five billion dollars more than microsoft co-founder bill gates the world's second richest man he added fifty two billion dollars just since january first of twenty eight hundred fifty two billion dollars works out to two hundred and seventy five million dollars a day he earned this year i mean you see the result on the main street in america shops are closing so jobs are disappearing you know there's an onion which is a humor magazine made a reference recently that bezos rolled out a new business model and then had to cancel it because he realized it was slavery slavery is illegal yeah but. this is a concentration of wealth that is unprecedented and it does create a society that is going down two very separate trac

the discussion about how amazon and jeff bezos...s i've known you you have been online training. and talked about amazon for years. shares go up and down... you and i make people a fortune. as does your portfolio. what about this story, parents put the money up front in the beginning and they are winning out. what i saw with this story, not be investing part, investing in your entrepreneurial son's business, the stepfather, a cuban immigrant. amazon might not have existed if not for a cuban immigrant. that's one interesting aspect, given what's happening in the uk with immigrants and so on. $250,000, $30 billion is what it's worth now, the 30th richest man. this chap could have gone to sleep for the last 20 years. jeff bezos's dad? mum and dad, let's not be sexist, it would have been a joint investment. in context, apple, i'm a shareholder of that as well, in the last 13 years has gone up 100 fold. forget... forget amazon, we don't buy and hold our investments in this country and around the world as long as we should. people say they

and the space race powered by the private sector amazon's jeff bezos goes up against test as long mask who will be first for liftoff. this is your business update on how in our free in berlin glad you could join me and donald trump's top economic advisers says the united states and china have been holding a high level trade talks but the two sides appear to have found little common ground larry kudlow described china's threat to impose another sixty billion dollars worth of tariffs on the u.s. as weak and said the world's second biggest economy was quote in trouble over trump administration accuses china of stealing intellectual property and not playing by trade rules china denies those allegations and says u.s. protectionism is a threat to global trade. and we can bring in our financial correspondent for more on this now daniel corp's the frankfurt stock exchange and daniel china has said it's prepared to hit back with further tariffs do we have details on what. yes it all seems a little bit like kindergarten hell of a tree in those two countries first us president says i'm going to h

on the space race powered by the private sector amazon's jeff bezos goes up against tesla's eat all mask will be first for liftoff. this is your business update on how men are free in berlin glad you could join me donald trump's top economic adviser says the united states and china have been holding high level trade talks for the two sides appear to found little common ground larry kudlow describes china's threat to impose another sixty billion dollars worth of tariffs on the u.s. this week and said the world's second biggest economy was quote in trouble the trumpet ministration continues to accuse china of stealing intellectual property and not playing by trade rules china as it is' those allegations and says u.s. protectionism is a threat to global trade. let's get more on this now with our financial correspondent so fisherman skee in new york sophie clearly the latest ratcheting up of trade tensions between the u.s. and china there how's that playing out on wall street. well investors here have tend to downplay concerns about these trade conflicts for the longest time and have been fo

he is not feeling bezos with a fortune.1995, jackie and mike bezos invested into their son's commerce website. that big gamble may be the most successful venture investment of all time. jeff bezos's parents' stake in amazon can now be worth almost $30 billion. that makes them wealthier than the microsoft cofounder, paul allen. the share would make them the second-biggest shareholder in amazon, following their son. his siblings could each be worth about $640 million apiece. with the race to $1 trillion, his family could be just a few of tech's unknown billionaires. here to discuss further is the author who wrote the story. you have fascinating details, not the least of which was that jeff bezos told his parents there was a 70% chance they would never see their money again. >> he was very clear when they were discussing whether they should put their money in. he said this the super risky investment and i want you to know the risks because i want to be able to come home and have thanksgiving dinner with you. amazon has worked

amazon founder jeff bezos could be falling behind in the private sector space race. there are signs that his firm's heavy rocket set for liftoff in 2020 may be falling behind schedule. his company faces stiff competition from none other than elon musk's spacex. reporter: just a month ago, amazon founder jeff bezos' rocket company successfully pulled offff its m most importat testst to date. but reports are saying the 2020 liftoff date may be moved back. engineers are still finalizing details on the heavy launch rocket. bezos has stressed that the timing depends on perfecting vehicle safety. >> and touchdown! >> this vehicle is going to carry humans. we will make it as safe as we can mamake it. we are going to test it. we are not going to take any shortcuts. we will put humans on this vehicle when we are ready and not a second sooner. reporter: the reusable relaunch of vehicle will be used to transport satellites. it will take tourists into space and bring them back to earth again. >> can you imagine how alan shepard must have felt all those years ago? must have been

jeff bezos, the founder of amazon is worth a $150 billion. that is enough to make him the richest man in the world by far. and by possibly the richest human being and all of history. it is certainly enough to pay his employees well. but he doesn't. a huge number of amazon workers are so poorly paid that they qualify for federal welfare benefits. according to data from a nonprofit group, new food economy, nearly one in three employees in arizona for a exame were on food stamps last year. jeff bezos isn't paying his workers enough to eat, so you made up the difference with your tax dollars. next time you see jeff bezos, make sure he says thank you. what about the walton family? they funded walmart, collectively they are worth about hundred $75 billion. that is more than the entire gross domestic product the oil-rich gulf state. the waltons can certainly afford to be generous with their workers, and said they count on you 2013, taxpayer sent more than to pick up the slack. $16 billion to employees for more food stamps, and housing. if you think

you know that these hierarchy of needs and i'm sure that is you know i jump on something that jeff bezos has a war on people that there's no logical need is being exploited by the corporation in the largest monopoly because he ends up putting these people in these highly stressed positions you know what i'm saying is the breakdown that we're witnessing and that you and i have been talking about here in kaiser report for the past year is that what they know they know those if those basic physiological needs are not being met that leaves the entire economy and political system vulnerable and they know that because that's how they look at all their political systems so they know we're vulnerable because of that so that's why they're coming up with all these that's why there's a genuine panic when you look at cable news it is genuine panic and i think this is part of it oh you mean we're all palestinians hey you know it says. you know safety is number two but that's obviously wrong because number two should be why five you know that is definitely needed and also what is at the top self actua

their loyalty is not to you, it is to uber and jeff bezos and the rest. at the very least, legislation like this might awaken a sleepy population to the reality of activist corporate america. that is a good thing. america has changed enormously in the last 20 years, i love to people you thought were your allies are in fact working against your interests. they have contempt for you and your family, your customs on your faith. included in this group i'm sorry to say, there are a lot of big corporations. they have no use for you and the country grew up in. used in you stand on their way. it is shocking so much shocking that i recently wrote a book about it. it is called a ship of fools. the book is out in a month, the first week of october but you can preorder a copy now and i hope you will. so here's a math question for you, how much money does it take to get new york governor to pressure his attorney general to call if an investigation? we'll give you a hint, $25,000. pretty good deal. more on that next. the president is said to take the stage at a rally i

i was unfounded jeff bezos is fully behind in the private sector space race there are signs that his firm's heavy rocket set to fall lift off in twenty twenty may slip behind schedule his company blue origin faces stiff competition from. space x. q one. just a month ago amazon founder jeff bezos is rocket company successfully pulled off its most important test to date. but reports are now saying the twenty twenty liftoff date may be moved back engineers are still finalizing details on the heavy launch rocket bases as frequently stressed that the timing depends on perfecting the vehicle safety. and tired stand on this vehicle is going to carry humans we're going to make it is save his we can make it we're going to test it we're not going to take any short cuts so we'll put humans on this vehicle when we're ready and not a second sooner the reusable launch vehicle will be used to transport satellites it will also take tourists into space and bring them back to earth again. do you imagine. how alan shepard must have felt. all those years ago most of them pretty cool. that's thank you bo

put into it depends on what they will do you know do they need to make a profit from it i mean jeff bezos has said you know he he runs the amazon business because that provides enough money for his space company he's he's motivated by his work in space is not really to make a profit but when you look at what's happened over the last few years it has truly been revolutionary we have seen a tremendous amount of innovation just the idea of being able to reuse parts of the rockets nasa tried to do that with the shuttle economically it was not a complete success but. you know nasa was never on its own probably was never going to develop the ability to reuse parts of the rocket or even to substantially bring down the cost up until space x. came into the game and nasa is launches were all with the united space alliance which was a monopoly created by boeing and lockheed. and they had no real motivation to reduce the cost of flights because they were getting their contract basically they had no competition and they were getting a cost plus contracts so. the more the launch costs the more profit t

but miami says it can deliver and convinced jeff bezos thatu n go home again."nightly busin, scott cohn, miami. >>omoming up, the cpanies in line for a potential political ad windfall. >> president trump has called google's search platform rigged and accused it of suppressing positive views about his presidency and conservative views. >> they better be careful, because you can't that to people. you can't do it -- we have literally thousands and thousands of complaints coming in. and you just can't do that. so i think that ggle and twitter and facebook,re they're ly treading on very, very troubled territory and they have to be careful. it's not fair to large portions of the population. >> white house economic adviser larry kudlow said the trump administration is, quote, taking a look at imposing regulations on google. in response,oogle said that when users type queries into the goal isearch bar, our to make sure they receive the most relevant answers in a matterse of nds. search is not used to set a political agenda ande don't bias our results towards any politic

the amazon dot com founder and richest man in the world of late pointing out that while bezos is worth over one hundred fifty billion and climbing the average amazon worker makes around twenty eight thousand dollars a year that's just four thousand dollars more than the federal poverty level for a family of four. and while senator sanders heart is in the right place will there be political will in washington.

jeff bezos showed up bomber jacket. boots, tailored jeans and i think everybody was like whoa, this is very cool. >> i think certainly when blue orgin became his kind of mix, giant project and he joined instagram in 2017 and started posting these pictures next to the space capsule on top of the windmill at the wind farm. that became a kind of obvious association and he really has adopted the uniform. he's cool. >> sort of the way to contrast it is back in '90s when amazon became a household name. it was about billowy dress shirts >> pleated pants oversized jackets and snaps. >> yobs famousry wore black turtle necks because it minimized the time he had to think about clothes, but you talk about musk's velvet the zuckerberg hoodie. >> i think clearly the model up to now had to be a tech titan was created and defined by steve jobs that you wear the simplest uniform. you focus on your product, your genius and your creation and that has been the go to idea of how you sell that image. zuckerberg, gray t-shirt and jeans, and j

we have report cards at top states.cnbc.com. >> jeff bezos, valedictorian in high school also talkedce and colonization in that graduation speech. couple hours away from the space coast and is there any reason to believe some other ventures of bezos could play into where he decides to go? >> reporter: a lot of speculation surrounded washington, d.c. because of that because he owns "the washington post," has a home there. we really don't know, for example, how is amazon going to divide the responsibilities between the two headquarters if, for example, it wants to look at latin america as we referenced, maybe this is a good spot what if people have to go back between seattle and hq 2 quite a bit. do they want to make the long trip to opposite ends of the country. we don't know because amazon is not saying how it is going to divide responsibilities, exactly where the priorities lie beyond the four main criteria that the company laid out last year when it first announced this. a lot of it is a guessing game everybody is guessing. inl mia in miami, they think they have a shot. >> the gues

of philosophy well now act a little stricken pyramid this being exploited by terrorists like jeff bezos is milking the system and buying influential newspapers and bribing politicians and creating it dystopian nightmare people living in their cars so that he can be like he has more money than he would ever mean with it doesn't want to do it at all i mean it's like he's horny he's a hoarder there's people who are from books in their apartment and they just they can't live there anymore because there's nothing but phone books this guy is like just around he's hoarding cash is the nothing to do with it he's just a hoarder i want to quickly turn to the last headline which i think ties together all of those growing wealth gap between young and old remember jeff bezos newspaper washington post as democracy dies in darkness and one thing you could say about democracy is you know the more vote you have the more you win and the more you gain and we've seen the baby boomers turning sixty five as of what two or three years ago and this growing wealth and income gap is really down to age so they sa

jeff bezos has a vision, he also has a discipline of looking to the long term, but he also knows howexecute he gets products out of the door and there's a discipline that comes whether it is netflix or amazon from having public investment, from having david wells have to explain to the street what's happening with netflix earnings, and for elon musk to say i don't want that discipline any morre is a littl disconcerting, he is somebody as a company and person could probably use that discipline >> bezos doesn't even do his own earnings calls, he manages to communicate all of that with his biceps >> he has been more active on twitter lately, too. >> walter, stephanie, we have been talking about tesla for a few days now you always add something new thanks, guys good to see you. >> thank you. >>> when we return, home depot out with a big beat on earnings and revenue while upping four year guidance on the back of strong growth in comps a deeper dive into the results coming up. >>> first, let's check where we stand in the markets the dow is up 123 points s & p and nasdaq are higher. more "s

i'm hoping you can breakdown for us the kind of difference between steve jobs and jeff bezos and whators like them have brought the world and what you learned from them >> first of all, i have to tell you jeff bezos' mom and dad, mike and jackie, are among founding members with me here at first global, and they're fantastic and passionate and get it as you know, jeff is a visionary that's never given up. and steve jobs in many ways was a visionary that changed the world. and john door helped fuel a lot of these things. i would tell you that when i talked to all of them, it was pretty much to say most of the world's population would be moving to cities and between then and now, most of the world's population has moved to cities, more than half the human population now is in cities. i told them it would be nuts to assume we will continue to put vehicles the size of cars into pedestrian environments, and i think we've all now seen the rush of various kinds of electric scooters that are flooding cities, somewhat to the dismay of people i think they all understood there would be a revoluti

history of philosophy well now back to the fricken pyramid this being exploited by terrorists like jeff bezos who's milking the system. women buying influential newspapers and bribing politicians and creating a dystopian nightmare people living in their cars so that he can be like he has more money than he would ever mean with it doesn't want to do it at all i mean it's like he's horny he's a hoarder there's people who hoard phone books in their apartment and they just they can't live there anymore because there's nothing but phone books this guy is like just around he's hoarding cash is nothing to do with it he's just a hoarder i want to quickly turn to the last headline which i think ties together all of those growing wealth gap between young and old remember jeff bezos newspaper washington post as democracy dies in darkness and one thing you could say about democracy is you know the more vote you have the more you win and the more you gain and we've seen the baby boomers turning sixty five as of what two or three years ago and this growing wealth and income gap is really down to age so the

you have to think of who jeff bezos is that runs amazon. the world's richest man.a well-known liberal. then you have bernie sanders. a well-known liberal that shares all the political views of jeff bezos. but one. it's a big one. the fact that the company makes money hand over fists and does not share the wealth with its workers. so with that, it doesn't change. how about taxing the company to make sure it can level the playing field to make up for all the government benefits, programs that a lot of workers depend on because jeff doesn't pay them enough? along amazon says we do pay enough. average take home is $28,000. generous with workers, generous with benefits and the program and the like and these two are at loggerheads. what is the read on this? marjorie, seems like an odd fight. what do you make of it? >> just like in conservatism, a lot of brands of liberalism these days. bernie represents an extreme left obviously and jeff bezos, the story is in the size of his company. one of the ways that workers express how they feel about their company is with their fe

do you know anyone harmed by steve jobs or jeff bezos?>> host: a lot of people benefit from them. >> guest: how many ordered something from amazon in the last month? how many own apple? what we want is hundreds of steve jobs and jeff bezos because the inequality means the lifestyle inequality between rich and poor is shrinking because the needs of more and more people are being met. what it means in terms of jobs is what people get to do for a living. thanks to this any quality, massive wealth creation, we live in a world today in which someone can make a career out of their love of wine, their love of shopping, their love of putting on makeup. contrast that with the past. it was exciting to read about a baguette maker in paris in the new york times. he was the tunisian immigrant viewed as the best baguettemaker in paris. in the past that would have been viewed as just a job, just a mechanical thing. he said you have to understand i am an artist. what i do every day is magic. this guy is doing what he loves uncontrollably. that is what yo

jeff bezos has learned to tune out the noise. show up on the calls. would you be happy with something like that, given that you want to hear from tesla, you want to hear from elon musk, and you are interested in the company as a test case? galileo: we always need to have a dialogue with elon musk, that is important. way back in the day, jeff bezos did have stats with analysts, and there were reports saying that that was hogwash. if you go back in history, even though it seems unique what is happening to elon musk now, it did happen to a lot of companies, like amazon. scarlet: if you could ask elon musk a question, what would you ask? not really, i would ask him anything, i would focus on really thinking through that short-term noise, that is not guiding the decision, and take about it as taking a step back in transparency. and that being the right move. scarlet: anything that he could do that would make you lose faith? julie: leave the tensions with analysts aside, the cash and burn issue i is an issue -- and he called a guy a pe

just a month ago amazon founder jeff bezos is rocket company successfully pulled off its most important test to date. but reports are now saying the twenty twenty liftoff date may be moved back engineers are still finalizing details on the heavy launch rocket basis has frequently stressed that the timing depends on perfecting the vehicle safety. and such down this vehicle is going to carry humans we're going to make it is save his we can make it we're going to test it we're not going to take any short cuts so we'll put humans on this vehicle when we're ready and not a second sooner the reusable launch vehicle will be used to transport satellites it will also take tourists into space and bring them back to earth again. you know imagine how alan shepard must have felt. all those years ago most of them pretty cool space travel has come a long way since astronaut alan shepard historic journey in one thousand nine hundred sixty one now bases wants to expand the company by doubling its workforce over the next two or three years to around three thousand employees yours and others and to sarah

headline which i think ties together all of those growing wealth gap between young and old remember jeff bezos newspaper washington post as democracy dies in darkness and one thing you could say about democracy is you know the more vote you have the more you win and the more you gain and we've seen the baby boomers turning sixty five as of what two or three years ago and this growing wealth and income gap is really down to age so they said that elderly households have much greater wealth in child households which is to be expected because older households have had more time to accumulate wealth the trouble lies in the growing gap between the two types of households in one thousand nine hundred eighty nine elderly households had a median net worth that was approximately three point eight times that of child households i households with children under eighteen by twenty thirteen their median net worth was now twelve and a half times as high as those with children under eighteen in the house whenever a situation are approaching me for pennies and nickels i scoot get out of here you go where you p

fifth that aims to be a shot across the bow of our corporate overlords and conglomerates like jeff bezos and the wal-mart corporation it's all in response to recent reports by the nonprofit news organization new food economy and the intercept which discovered that in places like arizona one in three amazon employees are living on food stamps senator sanders is author of the bill that would according to los angeles times force large employers such as amazon wal-mart and mcdonald's to fully cover the cost of food stamps public housing medicaid and other federal assistance received by their employees if passed by congress this legislation would essentially force corporations to pay a living wage and curb roughly one hundred fifty billion in taxpayer dollars that go to funding federal assistance programs for low rated workers each year the vermont senator has been on a rampage against bay's owes the amazon dot com founder and richest man in the world as of late pointing out that while bezos is worth over one hundred fifty billion and climbing the average amazon worker makes around twenty eig

fifth that aims to be a shot across the bow of our corporate overlords and conglomerates like jeff bezos and the wal-mart corporation it's all in response to recent reports by the nonprofit news organization new food economy in the intercept which discovered that in places like arizona one in three amazon employees are living on food stamps senator sanders is author of the bill that would according to los angeles times force large employers such as amazon wal-mart and mcdonald's to fully cover the cost of food stamps public housing medicaid and other federal assistance received by their employees if passed by congress this legislation would essentially force corporations to pay a living wage and curb roughly one hundred fifty billion in taxpayer dollars that go to funding federal assistance programs for low grade workers each year the vermont senator has been on a rampage against bay's owes the amazon dot com founder and richest man in the world as of late pointing out that while bezos is worth over one hundred fifty billion and climbing the average amazon worker makes around twenty eigh

put into it depends on what they will do you know do they need to make a profit from it i mean jeff bezos has said you know he he runs the amazon business because that provides enough money for his space company he's he's motivated by his work in space is not really to make a profit but when you look at what's happened over the last few years it has truly been revolutionary we have seen a tremendous amount of innovation just the idea of being able to reuse parts of the rockets nasa tried to do that with the shuttle economically it was not a complete success but. you know nasa was never on its own probably was never going to develop the ability to reuse parts of the rocket or even to substantially bring down the cost up until space x. came into the game and nasa is launches were all with the united space alliance which was a monopoly created by boeing and lockheed. and they had no real motivation to reduce the cost of flights because they were getting their contract basically they had no competition and they were getting a cost plus contracts so. the more the launch costs the more profit t

the amazon dot com founder and richest man in the world of late pointing out that while bezos is worth over one hundred fifty billion and climbing the average amazon worker makes around twenty eight thousand dollars a year. that's just for hours and dollars more than the federal poverty level for a family of four. and while senator sanders heart is in the right place will there be political will in washington to take the modern day titans of capitalism that is the question at hand as we grab ringside seats to the oldest ongoing fight in human history the haves versus the have nots the kings versus the serbs the cold shivering masses versus the warm and gilded few as we start watching. the. real thing. as it gets to the bottom. like you know that i got. this. welcome we're going to watch the harks i am tire open and i'm top of the law and examined they. are but i'm jeff and this is the thing that we've talked about this with wal-mart for years as we have and we talked about in the donald's to actually selling their employees like giving them hints about here you should get food stamps o

the intro max great to be back we're kind of pulling apart all the recent things out there and jeff bezos worth one hundred fifty billion after gaining fifty billion and just this year alone they had landed magazine recently said that this force and proves this system is rigged now they're finally conceding we have a saying for a long long time here your thoughts on this reg system and are any politicians but bernie sanders even talking about this like ok or oh ok first let's start with days or so so as far as amazon i think one of things people are missing is that it's not just you know cutesy company where you get free shipping and you know get to stream movies it's it's actually pretty nefarious what they're trying to do they're trying to control the highway for commerce in america and then they can use that leverage to push their own products push other products out it's actually very bad for free markets ultimately if bezos and amazon are able to do what they want moreover when you talk about is dealt with i don't care how much money someone adds but money issues based service is ear

jeff bezos, i'm sure, can handle it.nse was great although i do think it's notable, usually he ignores 990%. apparentlying -- 99%. but that was the right response. ask our employees, come to a fulfillment center. and i think to your point the criticism has been more on people who are not full-time employees. i've actually been to one of those fulfillment associates, and there's a lot of teachers or people trying to get other hours doing other things, and perhaps they're. guy: on their own aaccording to. stick around, president trump amping up his war on the media, this time attacking the use of anonymous sources again. journalists are swinging back, but does the president maybe have a point? the panel debates that next. ♪ ♪ ♪ [ coughs ] ♪ ♪ [ screams ] ♪ [ laughs ] ♪ whoa, whoa, whoa. your one item would be the name your price tool? it helps people save on car insurance. why wouldn't it save me? why? what would you bring? a boat. huh. it's absolute confidence in 30,00or it isn't. arts, it's inspected by mercedes-benz fac

i sat with bezos a couple of months ago. he wrote a personal check for a billion dollars every year. no federal hearings, no government regulations, no congressional investigations. he hires engineers. no long-term planning and none of the massive bureaucracy. by the next year the year after they would have a rocket called the john glenn which is a heavy-lift rocket which is reusable which will literally put 5500 pounds into space and then the rocket will come back down and get refueled and take another 5500 pounds into space. the goal was to do it every day. one flight per day per rocket. this is a revolution. the reason i use this example is it's happening around the government, not because of the government. nasa provides certain facilities and nasa has a long track record but the truth is these entrepreneurs are just doing it. they are not asking permission. they have varying levels of government support. this is what you see happening everywhere. as a firm you can look up called audacity. it's an on line learning system

jeff bezos it was basically addressing the ineffectiveness of the technology and they've asked to come in to provide a list of government agencies using recognition with specific emphasis on law enforcement bodies and intelligence branches now back to congress doesn't know i'm sorry these are elected officials but they don't know what technology law enforcement is using like they have to ask amazon hey by the way to just sell this to that's what i find really strange why do you know. well that's them saying like congress doesn't know what our law enforcement or intelligence communities are using with what we're sub contracting out what where where our tax dollars are being spent this is ridiculous so remember the russians are going to get us most iraqi security you know but we got a we got going to be great it's become a war of words because mao would amazon's general manager for deep learning in artificial intelligence great title stated machine learning is a very valuable tool to help law enforcement agencies while being concerned it's applied correctly we should not throw away the o