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Jul 19, 2020
07/20
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as you said, adam smith was right hitch just had very bad timing. and so he may be a very good economist but heed be a terrible investor. right? now we'll turn to our commentators. i would not call this group murder's row even if they have a variety of different opinions, but if you were going to form a dissertation committee of the best and brightest who work on china's economy and financial system, this would be the group. and so this is a real treat to have them with us. let me briefly introduce them and then i'll turn it over to each of them to allow them to offer a few minutes of commentary. joyce chang is the chair of the global research at jp morgan. and is one of the leading analysts on china's economy anywhere. she has helped top ranking institutional inveriors for emerging markets and before joining jp morgan was managing director at merrill lynch and sol low moan brothers. helga berger is an assistant director imf asian pacific department and adjunct professor of mon tier economic of free university of berlin and was a tenured full profes
as you said, adam smith was right hitch just had very bad timing. and so he may be a very good economist but heed be a terrible investor. right? now we'll turn to our commentators. i would not call this group murder's row even if they have a variety of different opinions, but if you were going to form a dissertation committee of the best and brightest who work on china's economy and financial system, this would be the group. and so this is a real treat to have them with us. let me briefly...
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Jul 18, 2020
07/20
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thankfully adam smith promised us the competitive marketplace would take care of that. nately the competitive market and smith himself actually understood this quite well, he assumed the competitive marketplace would take care of that in a culture of christian gentlemen. the theory of moral sentiments is the predecessor to the wealth of nations and without his assumption about the kinds of cultural and moral sentiments that made england civilized he would have placed i think nowhere near so much faith in the idea of the marketplace and if you read wealth of nations carefully there's all kinds of places he admits he thinks capitalists are probably cheats and liars. that there is certainly a proclivity among people to cheat their neighbors. he sort of hoping into the wind he is hoping that everyone will be at least well enough armed with information and capital that they can keep each other in check. the two things he utterly failed to comprehend and joseph stiglitz writes about this in several different places is the inequality of information, access to information, and t
thankfully adam smith promised us the competitive marketplace would take care of that. nately the competitive market and smith himself actually understood this quite well, he assumed the competitive marketplace would take care of that in a culture of christian gentlemen. the theory of moral sentiments is the predecessor to the wealth of nations and without his assumption about the kinds of cultural and moral sentiments that made england civilized he would have placed i think nowhere near so...
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adam smith adam smith is all about you know. oh it's the enlightened thinking apply to economics that the invisible hand that is better than having the king tell you what the prices are the youth the people can figure out their own prices just what all the people interact and the net result will be a better price for everything for everyone right yeah a. boat that doesn't exist anymore you have a kings now the princes the wall street titans and the private equity guys who dictate prices and to make it look you know for cosmetic purposes once they dictate a price let's say more buffett says i need the price apple to be at $350.00 a share then algorithmically you can fill in the trades phantom trades and wash trades to get the $350.00 to make it look like there's a market there is no more market they don't need to conspire they don't need to go like you're jay powell warren buffett warren buffett or any other powerful banker does not need to go to jay powell and say hey jay powell i need the share price of apple to be this it's al
adam smith adam smith is all about you know. oh it's the enlightened thinking apply to economics that the invisible hand that is better than having the king tell you what the prices are the youth the people can figure out their own prices just what all the people interact and the net result will be a better price for everything for everyone right yeah a. boat that doesn't exist anymore you have a kings now the princes the wall street titans and the private equity guys who dictate prices and to...
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Jul 4, 2020
07/20
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adam smith tries to lay down the rules and make them prescriptive and becomes a policy wonk. and when he turns into a policy wonk he turned as foolishness as the rest of us. and to that corner i would just like to say my three hour should be wasted on me. they asked me. what can i tell you. and you may well be right. but not just because to limit certain freedoms and may be the correct thing to do but don't be smug about that desire. everyone who wants to limit freedom to the tele band or people in favor of minimum wage laws come everybody is smug about their desire to limit human freedoms. some really do need to be limited. but that doesn't make you a good person to recognize that you are not a good person you deserve no smugness and on foolish innocence just because you have a desire to limit. so there. civic it is the last time to say sayonara to the american car american automobile companies they will live on like a ghost dragging their chain at taxpayers expense. the fools in the corner office at the detroit union will retire to their vacation home in palm beach and st.
adam smith tries to lay down the rules and make them prescriptive and becomes a policy wonk. and when he turns into a policy wonk he turned as foolishness as the rest of us. and to that corner i would just like to say my three hour should be wasted on me. they asked me. what can i tell you. and you may well be right. but not just because to limit certain freedoms and may be the correct thing to do but don't be smug about that desire. everyone who wants to limit freedom to the tele band or...
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Jul 23, 2020
07/20
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or let's watch this, the chairman of the armed services, adam smith. >> one of the gentlemen's arguments was in china, hid the true risk of the virus from the american people, and yes, that is terrible that china did that. it's not actually their job warning our people. 'the president's job to warn the american people. >> why does the democratic chairman of the armed services committee, adam smith, say that it's not actually china's job to warn the american people or the world? they lied to us. they lied about the virus, and thousands of people have died, and now the democrats do not believe it's the chinese's fault. chinese fault. why does the speaker promote their propaganda by trying to blame the president of the united states for the chinese communist party lies, even calling the virus in the name of our president? why did joe biden just yesterday say it's wrong to hold china accountable? when i look around the world from italy to the uk to australia, no one else is saying that. they have felt the pain of the lost lives. they have seen the heartache and the economic damage that has b
or let's watch this, the chairman of the armed services, adam smith. >> one of the gentlemen's arguments was in china, hid the true risk of the virus from the american people, and yes, that is terrible that china did that. it's not actually their job warning our people. 'the president's job to warn the american people. >> why does the democratic chairman of the armed services committee, adam smith, say that it's not actually china's job to warn the american people or the world? they...
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Jul 17, 2020
07/20
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CSPAN2
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adam smith said that the state can legitimately do certain things. and those are a very short list. it can look after common defense and it can be the custodian of monument to. so i ask myself the question does the authority of adam smith attached to a state enterprise that takes dead musicians and make their music available? i had specifically in mind something that happens in switzerland. in switzerland, for about a buck a month or whatever it is, you can plug your telephone line into six channels at one of those channels if you push the pin number three, has nothing but classical music day and night. it's simply a marvelous amenity. so i was trying to manipulate conservative orthodoxy in such a way as to suggest that a monument need only be something chiseled in marble, sitting in the middle of the park, but might also be keeping alive a musician and providing the wonderful amenity of access to him cheaply. c-span: of all the things you do in the public -- speak, interview on television, being interviewed, writing books, writing columns -- what brings the most fun and joy to you
adam smith said that the state can legitimately do certain things. and those are a very short list. it can look after common defense and it can be the custodian of monument to. so i ask myself the question does the authority of adam smith attached to a state enterprise that takes dead musicians and make their music available? i had specifically in mind something that happens in switzerland. in switzerland, for about a buck a month or whatever it is, you can plug your telephone line into six...
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Jul 21, 2020
07/20
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i deeply appreciate the congressional leadership, chairman of the armed services adam smith, judiciary committee, gerry nadler, bennie thompson, homeland security. who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda, not driven by people's needs but by his poll numbers. and becoming an occupying force in our community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are doing. e want to pursue legislative initiatives, spending limitations, oversight hearings. this needs to be front and center at a time when we have so much to deal with, people cannot ignore what is happening in portland and what may be coming to their city. host: we have about 15 minutes to get your thoughts before the house gavels back in for morning business. you can call us if you agree with these actions 202-748-8000. if you disagree, 202-748-8001. a lot of things happening 24 week on capitol hill, particularly negotiations over the next round of the coronavirus relief. this tweet this morning f
i deeply appreciate the congressional leadership, chairman of the armed services adam smith, judiciary committee, gerry nadler, bennie thompson, homeland security. who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda, not driven by people's needs but by his poll numbers. and becoming an occupying force in our community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are...
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Jul 13, 2020
07/20
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. >> reporter: adam smith is an organizer for the los angeles surj chapter white people for black lives addition to political activism they help host monthly dialogues and an annual unmasking whiteness instituted. >> for white folks it is important for us to think of this fight as a fight in solidarity, not charity. >> justice. >> reporter: both heaney and smith say they are working to l 's feeng "i want too soinhintwi ce to fmove for lastinchange. dabacchus, cbs news, los angeles. >> yuccas: important work, thank you. still ahead on the cbs weekend news, italians are rediscovering their master pieces without fighting the regular summer crowds. crowds. her doctor said she has tardive dyskinesia, which may be related to important medication she takes for her depression. td can affect different parts of the body. - [narrator] in today's trying times, we're here to help you manage td. visit talkabouttd.com for a doctor discussion guide to prep for your next appointment in person, over the phone, or online. - we were so relieved to learn there are treatments for td. tonight, try pure zzzs a
. >> reporter: adam smith is an organizer for the los angeles surj chapter white people for black lives addition to political activism they help host monthly dialogues and an annual unmasking whiteness instituted. >> for white folks it is important for us to think of this fight as a fight in solidarity, not charity. >> justice. >> reporter: both heaney and smith say they are working to l 's feeng "i want too soinhintwi ce to fmove for lastinchange. dabacchus, cbs...
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Jul 12, 2020
07/20
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. >> adam smith said the state presumably can do certain things and that's a very short list it's a common defense and to be a custodian of monuments. does the authority that takes dead musicians is like a buck a month or whatever it is. if you push the number three is nothing but classical music. it is certainly marvelous i was trying to manipulate conservative orthodoxy. a monument need that only something chisel then marble sitting in a park but might be keeping alive a musician and with the access. >>cspan: of all the things you do in public interview on television being interviewed writing books and columns what brings the most fun and joy to what the most difficult? >> the most and easiest pleasure since i was 18 years old. a marvelous form of recreation. but there is nothing that's difficult to master a piece that they don't behave well and insufficiently disciplined. >> ready rather be interviewed or be interviewing? >>. >> it depends on the person. and to be on something important. and then after one hour but by contrast to say are we through yet? >> we have 17 more minutes to go.
. >> adam smith said the state presumably can do certain things and that's a very short list it's a common defense and to be a custodian of monuments. does the authority that takes dead musicians is like a buck a month or whatever it is. if you push the number three is nothing but classical music. it is certainly marvelous i was trying to manipulate conservative orthodoxy. a monument need that only something chisel then marble sitting in a park but might be keeping alive a musician and...
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Jul 21, 2020
07/20
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i appreciate the congressional leader, chairman of the armed service, adam smith of the judiciary committee, gerry nadler, bennie thompson, homeland security, who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda. not driven by people's needs, but by his poll numbers and becoming an occupying force in our community community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are doing. e want to pursue legislative initiatives, spending limitations, oversight hearings. this needs to be front and center at a time when we have so much to deal with, people cannot ignore what is happening in portland and what may be coming to their city. with the administration becoming more hysterical in their charges leading up to the election and falling poll numbers, there is no community that is safe from this interference. and we must do all we can to not just spotlight but push back. i i -- our democratic process and our constitutional rights are literally at risk, and you can see it in te
i appreciate the congressional leader, chairman of the armed service, adam smith of the judiciary committee, gerry nadler, bennie thompson, homeland security, who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda. not driven by people's needs, but by his poll numbers and becoming an occupying force in our community community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are...
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business administration anymore we have like an office but is manned by nobody essentially then the adam smith institute also took money yes and iraq and iran if iran this is the fact is that the money instead because we don't have institutional knowledge anymore in our government we gave it to j.p. morgan we gave it to citibank we gave it to bank of america wells fargo these huge banks and who are they naturally by game theory who are you going to go to if you're a banker and you depend on your christmas bonus every year are you going to give this free money to your friends or to some rinky dink small business but there are banks engineered the crisis the banks engineered 0 percent interest rate the banks energy or the p.p.p. loans the banks engineer their more milk multi $1000000000.00 trillion dollar handout right i mean this is the whole farce between so-called libertarians who are always saying we hate the government we want markets but when they get what they don't want markets they want handouts they are the ultimate you know and i rant ended up living on welfare at the only government
business administration anymore we have like an office but is manned by nobody essentially then the adam smith institute also took money yes and iraq and iran if iran this is the fact is that the money instead because we don't have institutional knowledge anymore in our government we gave it to j.p. morgan we gave it to citibank we gave it to bank of america wells fargo these huge banks and who are they naturally by game theory who are you going to go to if you're a banker and you depend on...
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Jul 27, 2020
07/20
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and even adam smith wrote something about people figuring out what is the best economic deal for them out there. so there is nothing new about that. with people that say no is that people should reduce their wages, reduce their standard of living to go back to work. don't think that's right. they deserve a decent living like everybody else. and we are not talking a lot of money on an individual basis. yeah, over 100 million people it adds up. they are a look at -- they ought to look at what's going on on the -- how these people are getting by on the little bit that they are paid. and the second thing is that most of the people, in my opinion, that are not too eager to go back to work, probably had a zero benefit package. as a union ironworker i had a good benefit package. the only way i could get that benefit package was by working, i believe it was 1,200 a year. so there was no incentive for me to sit around. and every so often a job would come up where you make a little less money in your envelope, and yeah, i would work. that was a way to get hours because our benefits were still p
and even adam smith wrote something about people figuring out what is the best economic deal for them out there. so there is nothing new about that. with people that say no is that people should reduce their wages, reduce their standard of living to go back to work. don't think that's right. they deserve a decent living like everybody else. and we are not talking a lot of money on an individual basis. yeah, over 100 million people it adds up. they are a look at -- they ought to look at what's...
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Jul 20, 2020
07/20
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adam smith one oh one to work properly or fairly and that understanding of the transaction. how do you think about that? and with the coming regulation of these firms? >> and obviously facebook's finances are important. and that they continue to grow. and then to be dominated in that era. >> and he likes that. >> and then to testify before congress and says that understand you don't charge many had you make millions of dollars? he said senator, we run ads and facebook says they are good for people we know a lot about you we can show you relevant ads but in some cases that happens. enable send you an ad for something that is tailored to what you like. and then the advertisers can use and information that they manipulate you and this is something people don't want. and that's where they run into problems and people learn about that. but that's the way the trump campaign and how the political advertisers in general and then to have the underlying bias they will exploit that. . . . you express your intent to search for something. i want to buy something in this category if they
adam smith one oh one to work properly or fairly and that understanding of the transaction. how do you think about that? and with the coming regulation of these firms? >> and obviously facebook's finances are important. and that they continue to grow. and then to be dominated in that era. >> and he likes that. >> and then to testify before congress and says that understand you don't charge many had you make millions of dollars? he said senator, we run ads and facebook says...
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Jul 23, 2020
07/20
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congressman adam smith of washington. >> it's not actually their job to warn the american people.t's the president's job to warn the american people. >> laura: to be clear, the democrat speaker of the house and the democrat speaker of the armed services committee thinks it's okayha for china to hide information from us! we still haven't gotten all the facts from china that led to the deaths of tens of thousands of americans. they look the other way as long as they can try to ultimately hurt donald trump in an election year. got it. nice. our elected leaders sell us out on china, some on the international relations community want us to work more closely with the chinese communists. >> you can't blame china for our own mistakes, for our own policies, which were our own doing. inadequate, the united states should not be against china's rise and it should be a goal diplomatically to maintain or preserve or even create areas of cooperation. >> laura: what do you think theat trade deal was, richard? i should note that commentary from mr. hoss was made on see gtm, a network funded by the
congressman adam smith of washington. >> it's not actually their job to warn the american people.t's the president's job to warn the american people. >> laura: to be clear, the democrat speaker of the house and the democrat speaker of the armed services committee thinks it's okayha for china to hide information from us! we still haven't gotten all the facts from china that led to the deaths of tens of thousands of americans. they look the other way as long as they can try to...
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Jul 20, 2020
07/20
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adam smith, markets don't work properly or fairly if there isn't = access to information or shared understanding of the transaction and the value of what is being exchanged. let's delve into that and what is coming up for possible regulations and how it might play out. >> guest: right. well, zuckerberg said its money that motivates me. i think obviously the finances are important and he sees it as a way that they can continue to grow and maintain its users. that is what is important to h him. the advertising models there is a moment where is that i don't understand, you don't charge money. how can you make billions of dollars and he sai that he saide run ads. facebook says these are good for people because we know a lot about you and we can show you relevant ads which are things you'd like to see and that can be of service to you. in some cases that happens and they will send you an ad for things you like that you wouldn't have known about otherwise. they also know so much about cuba advertisers can use that information to sort of prove your weak points and that is something people don't want bu
adam smith, markets don't work properly or fairly if there isn't = access to information or shared understanding of the transaction and the value of what is being exchanged. let's delve into that and what is coming up for possible regulations and how it might play out. >> guest: right. well, zuckerberg said its money that motivates me. i think obviously the finances are important and he sees it as a way that they can continue to grow and maintain its users. that is what is important to h...
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Jul 8, 2020
07/20
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david: adam smith would say when there is increased demand prices will go up. are you seeing home prices go up in connecticut? gov. lamont: i think you are seeing some of that. we have been pretty flat for the last 15 years. forl a deep discount connecticut compared to new york city, but you are right. there's a lot of demand and you can see that reflected in the prices. david: let's talk about what, if anything, the state of connecticut needs from the federal government. there is talk of another phase of stimulus or investment. thinkve said you do not that 600 dollars supplemental unemployment claim -- why is that? trying to doi am everything i can to get people back to work. that is how we will get our economy going, that is how i will stabilize finances in our state. i thought there other ways you can use those federal dollars. example, we have lost hundreds of millions of dollars from not just our income tax revenue but our sales tax revenue is down a lot due to covid restrictions. we have to be prepared for that. thankfully we have a big rainy day fund, so
david: adam smith would say when there is increased demand prices will go up. are you seeing home prices go up in connecticut? gov. lamont: i think you are seeing some of that. we have been pretty flat for the last 15 years. forl a deep discount connecticut compared to new york city, but you are right. there's a lot of demand and you can see that reflected in the prices. david: let's talk about what, if anything, the state of connecticut needs from the federal government. there is talk of...
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Jul 8, 2020
07/20
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tony crescenzi was going on on the history, on adam smith and such.here is a whole history in this nation of anti-intellectualism and anti-science that we are living right now. jonathan: that is not unique to america, tom. i can tell you that. that is shared worldwide over the last decade or so. from new york city, good morning to you while. equity futures unchanged. this is bloomberg. ♪ ♪ jonathan: we've got a choppy session this wednesday morning. good morning to you all. this is "bloomberg surveillance ." live on bloomberg tv and radio, alongside tom keene, together with lisa abramowicz, i'm jonathan ferro. in your equity market, we stall out a little bit, unchanged on the s&p. positive just a single point. the csi 300 streaming together a seventh straight day of gains. outside of equities, outside the bond market, look at the gold market. briefly through $1800 on gold. $1801.ow, right now, we are waiting for rishi sunak to address parliament. $1.2542. tom: i am glad you mentioned that. of citigroup has been with us many times, working with catheri
tony crescenzi was going on on the history, on adam smith and such.here is a whole history in this nation of anti-intellectualism and anti-science that we are living right now. jonathan: that is not unique to america, tom. i can tell you that. that is shared worldwide over the last decade or so. from new york city, good morning to you while. equity futures unchanged. this is bloomberg. ♪ ♪ jonathan: we've got a choppy session this wednesday morning. good morning to you all. this is...
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Jul 13, 2020
07/20
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adam smith was onto this and i think rightfully so o but on the other hand it's important to notice the reason we have these billionaires, i want to explore this for a minute because it seems to me it's not entrepreneurs that have created this, we have because you have these supply-side entrepreneurs. we traditionally think of as responding to demand. nobody said how about making a film that takes photographs and allows you to text and has this and that. he envisioned it and build it and marketed it before we knew we couldn't live without it so the enormous rewards that have occurred is because when they've done something they anticipated our wants and needs before we knew we wanted those things. those are the most successful it's not just aiming at a target and hit it but they aim at a target the rest of us cannot even see. >> is every day monday and innovation of finding ways to lower costs to better serve your customers that businesses do all the time to create audio? there's just a few minutes left to wrap up. i'd like to ask you the average american who is watching this interview,
adam smith was onto this and i think rightfully so o but on the other hand it's important to notice the reason we have these billionaires, i want to explore this for a minute because it seems to me it's not entrepreneurs that have created this, we have because you have these supply-side entrepreneurs. we traditionally think of as responding to demand. nobody said how about making a film that takes photographs and allows you to text and has this and that. he envisioned it and build it and...
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Jul 13, 2020
07/20
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. >> reporter: adam smith is an organizer for the los angeles surj chapter white people for black lives activism they help host monthly dialogues and an annual unmasking whiteness institute. >> for white folks it is important for us to think of this fight as a fight in solidarity, not charity. >> justice. >> reporter: both heaney and smith say they are working to channel people's feelings of "i just want to do something" into useful action. and they are hopeful this moment will continue to fuel a movement for lasting change. danya bacchus, cbs news, los angeles. >> yuccas: important work, thank you. still ahead on the cbs weekend news, italians are rediscovering their masterpieces without fighting the regular summer crowds. ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support silky hair, glowing skin, and healthy nails. beauty comes naturally, only from nature's bounty. beauty comes naturally, alice loves the scent of gain so much, she wished there was a way to make it last longer. say hello to your fairy godmother alice.
. >> reporter: adam smith is an organizer for the los angeles surj chapter white people for black lives activism they help host monthly dialogues and an annual unmasking whiteness institute. >> for white folks it is important for us to think of this fight as a fight in solidarity, not charity. >> justice. >> reporter: both heaney and smith say they are working to channel people's feelings of "i just want to do something" into useful action. and they are hopeful...
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Jul 22, 2020
07/20
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achievement done under extremely difficult circumstances and i'd like to congratulate chairman adam smith, particularly ranking member mac thornberry as this will be his final ndaa before his retirement at the end of this year. wanted to take a few moments to highlight some of the provisions in this legislation which i'm grateful were included. these include provisions which will strengthen manufacturing in my home state, protect the employment rights of our nation's service members, help improve maternal and mental health care for them and their families. the southern new england regional commission, h.r. 35124, which this bill included, establishes a regional commission that will facilitate the investment of federal funds in southern new england, including my home state of rhode island, to build upon our regional strength such as defense manufacturing, shipbuilding, and renewable energy. this initiative will generate critical economic growth in the region to reduce poverty, unemployment, and out migration by countest hit by the great recession and now covid-19. the could recognize he sp
achievement done under extremely difficult circumstances and i'd like to congratulate chairman adam smith, particularly ranking member mac thornberry as this will be his final ndaa before his retirement at the end of this year. wanted to take a few moments to highlight some of the provisions in this legislation which i'm grateful were included. these include provisions which will strengthen manufacturing in my home state, protect the employment rights of our nation's service members, help...
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Jul 10, 2020
07/20
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have worked with me over the last six years know my love of free enterprise and free markets and adam smith. in a pandemic, in an effort to protect lives and to protect livelihoods, to have some balance out there in our economy that allows it to operate, we will be more prescriptive in our guidance. going forward. and we will ensure and work with others around enforcement and accountability in all of our industries. the leaders of our industries to know that we want to work with them. confident on some of the decisions that we have made that we will be able to make decisions in the future that allows different businesses to operate, but they will operate more safely as we navigate through this public health crisis. there is just no other way if we want to protect both lives and livelihoods and have some balance and operation in our economy. also, we are going to dramatically expand testing in arizona. trump to thank president and vice president pence for their attention to the state, for the resources we are going to have been brought to the state from fema. of directresult conversations be
have worked with me over the last six years know my love of free enterprise and free markets and adam smith. in a pandemic, in an effort to protect lives and to protect livelihoods, to have some balance out there in our economy that allows it to operate, we will be more prescriptive in our guidance. going forward. and we will ensure and work with others around enforcement and accountability in all of our industries. the leaders of our industries to know that we want to work with them. confident...
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Jul 26, 2020
07/20
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adam smith 101, markets don't work properly or fairly if there's not equal access to information, shared understanding of the transaction and the value of what is being exchanged. honey think about that. and what stars to delve into the coming possibly coming regulation of these firms and how it might play out. steven: and zuckerberg says a lot. it's not money that motivates me. i think obviously facebook's important. i think season as a way that facebook can continue to grow everything for its users. thus was important to him. his basically dominating the social media space in the same way that caesar dominated. rana: has a lot of domination. steven: we like that. he is in his meaning spike domination. it was a net. so the advertising model is when facebook makes its money. they said i don't understand coming out charge money. how come you make billions of dollars and he said, we run ads. and facebook says his ads are good for people because we know a lot about you and we can show you relevant ads which are things that you like to see and then can be of service to you. in some cases tha
adam smith 101, markets don't work properly or fairly if there's not equal access to information, shared understanding of the transaction and the value of what is being exchanged. honey think about that. and what stars to delve into the coming possibly coming regulation of these firms and how it might play out. steven: and zuckerberg says a lot. it's not money that motivates me. i think obviously facebook's important. i think season as a way that facebook can continue to grow everything for its...
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Jul 19, 2020
07/20
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adam smith was onto this and very suspicious of it and rightly so. on the other hand it's important to notice the reason we have a lot of inequality and we have these billionaires. aoc said recently in social media no one earns a billion dollars. you take a billion dollars. i want to explore that for just a minute. it seems to me that it's not entrepreneurs who have created this enormous inequality, we have. why? you've had the supply-side entrepreneurs, good example is steve jobes. we think of entrepreneurs as responding to demand. but people have to want to drive cars and entrepreneurs supplies the cars. nobody wrote to steve jobs and said we want to found that gps and takes pictures nobody did that he envisioned it and he built it. and he marketed it and before we knew we could not live without it. so the enormous rewards and have accrued as a result is because they have done something anticipated once and needs even before we knew we once had those things but those are the more successful and ingenious entrepreneurs. it's not just they aim at a t
adam smith was onto this and very suspicious of it and rightly so. on the other hand it's important to notice the reason we have a lot of inequality and we have these billionaires. aoc said recently in social media no one earns a billion dollars. you take a billion dollars. i want to explore that for just a minute. it seems to me that it's not entrepreneurs who have created this enormous inequality, we have. why? you've had the supply-side entrepreneurs, good example is steve jobes. we think of...
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Jul 21, 2020
07/20
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chairman thank our adam smith, our chairman reached out to the other side and wanted to do a bipartisan bill. that sounds easy but within this environment it is not. it is highly substantive, takes negotiation, and more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise but this bill does not compromise at all for national security. to recognize the ranking member who is retiring, i appreciate his leadership and i am glad that this bill bears his name. authorizesauthor the administration's full request of the administration. these funds are critical to ensure our weapons enterprise remains a safe, secure, and effective. we put off this investment for too long. dayforces are at work every , and they stand and silent -- as a silent testament to deter adversaries and support add lies -- and support allies. the world would be less safe. ground base deterrence of the minuteman 3. the bill also provides progress for space force and provides stability for the national security space launch program. and makes investments in miss
chairman thank our adam smith, our chairman reached out to the other side and wanted to do a bipartisan bill. that sounds easy but within this environment it is not. it is highly substantive, takes negotiation, and more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise but this bill does not compromise at all for national security. to recognize the ranking member who is retiring, i appreciate his leadership and i am glad that...
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Jul 21, 2020
07/20
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i also want to begin by thank our chairman, adam smith. our chairman reached out to the other side and said he wanted to do a bipartisan bill. but that sounds easy but in this environment it is not. it is highly substantive. it takes negotiation. it takes a lot more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise, but this bill does not compromise ought all for national security. i'd like to recognize our ranking member who will be retiring, i served with him for 18 years. i appreciated his mentorship. and i'm glad this bill bears his name in honor of his time here. this bill also authorizes the administration's full request for the national nuclear security administration. these funds are crid cat critical our nuclear weapons enterprise remains safe, secure, and effective. we put off this investment too long. we do not have any additional time. our nuclear forces are at work every day. they stand as a silent testament to deter our adversaries and support our allies. wit
i also want to begin by thank our chairman, adam smith. our chairman reached out to the other side and said he wanted to do a bipartisan bill. but that sounds easy but in this environment it is not. it is highly substantive. it takes negotiation. it takes a lot more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise, but this bill does not compromise ought all for national security. i'd like to recognize our ranking member who...
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Jul 9, 2020
07/20
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alexis toqueville democracy in america, adam smith for three of moral sentiments, george wells and crisis of the house divided and george eliot, middlemarch. tell us about the last two books. >> guest: it is a very in-depth study about the lincoln douglas debates. he was a political theorist and philosopher and teacher for many years to. it is a reading of the debate that tries to put them in an extraordinary way i think amazingly successful in the philosophical context of the classical political cross into the way of thinking about morality. it's to show the issues in the american politics at the moment of the greatest crisis. it is an extraordinary book that i would recommend to everybody. it is still in print and well worth the while. looking at the list now it is the only work of fiction on the list. as a great english novel written by george eliot, the pen name of marian evans. one of the great english writers of the century. it was published in the team 71 but it is set in the 1830s in the english midlands. it is the kind of ethical model that suggests some important issues of famil
alexis toqueville democracy in america, adam smith for three of moral sentiments, george wells and crisis of the house divided and george eliot, middlemarch. tell us about the last two books. >> guest: it is a very in-depth study about the lincoln douglas debates. he was a political theorist and philosopher and teacher for many years to. it is a reading of the debate that tries to put them in an extraordinary way i think amazingly successful in the philosophical context of the classical...
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Jul 9, 2020
07/20
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CSPAN2
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side of the room on the dais needed to wear bright colors so that he could see them -- chairman adam smith. during debate i ask that you please pay attention of our able clerk who will recognize members. to accommodate members who may want to watch the proceedings from the office and to give all of us more time to confer with staff outside of the room, we will hold open each vote for up to five minutes. it's everyone participating that they has voted and is comfortable moving on, we won't hold open the vote for the full five minutes. for those of you who are joining remotely, please be respectful of those in the hearing room, and do not talk over them when they have been recognized. and finally, you will all want to listen to this. we are currently scheduled to finish our work next thursday. should we be able to move bills at a reasonable pace, i would like to move consideration of the tenth defense bill to tuesday and the homeland security bill to wednesday, which would allow was to leave town wednesday night. i'm sure everyone would appreciate concluding our business a day early. please
side of the room on the dais needed to wear bright colors so that he could see them -- chairman adam smith. during debate i ask that you please pay attention of our able clerk who will recognize members. to accommodate members who may want to watch the proceedings from the office and to give all of us more time to confer with staff outside of the room, we will hold open each vote for up to five minutes. it's everyone participating that they has voted and is comfortable moving on, we won't hold...
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Jul 5, 2020
07/20
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adams grew up. her antislavery sentiments are well-known, but her father, reverend william smith, had at least four slaves. cato, tower, tom and phoebe. these individuals were important to abigail adams' early life. we try and commemorate them and honor their memory by researching their lives, incorporating information about their lives into our tours, and also offering a program on early new england slavery every year. and so, this year, we are very pleased to be able to have jared hardesty join us. i wanted jared to speak for us since his first book came out, "unfreedom, slavery, independence in 18th-century boston," and this year, the stars have aligned, so jared is an associate professor at western washington university, and he is the author of "black lives, native lands, white worlds, a history of slavery in new england," and i welcome you to give jared a warm welcome. [applause] jared: good evening, everyone. thank you for coming. thank you to the hingham historical society and deidra and michael and everyone here. this place is really swanky. it is really nice. and also to the board of the ab
adams grew up. her antislavery sentiments are well-known, but her father, reverend william smith, had at least four slaves. cato, tower, tom and phoebe. these individuals were important to abigail adams' early life. we try and commemorate them and honor their memory by researching their lives, incorporating information about their lives into our tours, and also offering a program on early new england slavery every year. and so, this year, we are very pleased to be able to have jared hardesty...
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Jul 22, 2020
07/20
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CNBC
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market picking who gets it it is time to have that enter in the equation >> steve, do you think adam smithlton freeman -- let's go back to the financial crisis where, you know, it could be argued that some of it was brought on by some bad players themselves should we have found the bottom really quickly rick at times has said just let the system clear and we'll come back more quickly and get rid of the bad actors and that's the way it's supposed to work. should that have happened? should it happen now >> i think this is very different than the financial crisis the financial crisis was a self-inflicted wound where we really had some bad practices. >> steve, what do you think we should do as our resident philosopher? >> reporter: thank you i actually have some thoughts on this and my conversation with people like doug yesterday and glenn and all those folks got me thinking about this. so one idea which kind of incorporates what he can inventory o'leary is talking about is when you make somebody take a loan out and put equity in, that person is making a judgment or a statement on the viabilit
market picking who gets it it is time to have that enter in the equation >> steve, do you think adam smithlton freeman -- let's go back to the financial crisis where, you know, it could be argued that some of it was brought on by some bad players themselves should we have found the bottom really quickly rick at times has said just let the system clear and we'll come back more quickly and get rid of the bad actors and that's the way it's supposed to work. should that have happened? should...
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Jul 9, 2020
07/20
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CNBC
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well, you know, one of the things that adam smith always talked about is there's certain roles for government of the roles is creation of public goods which will be under produced by public markets, or crime or pollution or monopoly those are legitimate functions for government the problem is not that. not that the government is trying to help us find a having seen, the problem is that the government is in every nook and cranny in our lives and growing by the second. that's the real problem. you can be a free market con ser va live like you, joe. do national security up one side and down the other should help us develop a vaccine, should do these policies and shouldn't control every development of our lives those are consistent philosophies. >> i'm thinking about it like laying down and let me tell you how to think about a lot of these things because i struggle with a lot of these things is there a private sector solution, a growth solution out of this morass that we find ourselves in in terms of $25 trillion debt and the fed and everything else? >> yeah. there's only a private sector solutio
well, you know, one of the things that adam smith always talked about is there's certain roles for government of the roles is creation of public goods which will be under produced by public markets, or crime or pollution or monopoly those are legitimate functions for government the problem is not that. not that the government is trying to help us find a having seen, the problem is that the government is in every nook and cranny in our lives and growing by the second. that's the real problem....
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Jul 20, 2020
07/20
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eye 41
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i also want to begin by thank our chairman, adam smith. our chairman reached out to the other side and said he wanted to do a bipartisan bill. but that sounds easy but in this environment it is not. it is highly substantive. it takes negotiation. it takes a lot more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise, but this bill does not compromise ought all for national security. i'd like to recognize our ranking member who will be retiring, i served with him for 18 years. i appreciated his mentorship. and i'm glad this bill bears his name in honor of his time here. this bill also authorizes the administration's full request for the national nuclear security administration. these funds are crid cat critical our nuclear weapons enterprise remains safe, secure, and effective. we put off this investment too long. we do not have any additional time. our nuclear forces are at work every day. they stand as a silent testament to deter our adversaries and support our allies. wit
i also want to begin by thank our chairman, adam smith. our chairman reached out to the other side and said he wanted to do a bipartisan bill. but that sounds easy but in this environment it is not. it is highly substantive. it takes negotiation. it takes a lot more work than a partisan bill does. he achieved that with a unanimous vote coming out of committee. that takes compromise, but this bill does not compromise ought all for national security. i'd like to recognize our ranking member who...
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Jul 26, 2020
07/20
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KPIX
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adam duval, and boom. cutout of a dog belonging to jeff mcneal. in l.a. dodger catcher will smith. boom.right there off the coconut of a fan there. oaf. that is going to mark. let's go to juliet. >> thank you. we are following breaking news tonight. >>> vandals set fire to the oakland federal courthouse. a large group of protestors had gathered in the area, rallying in solidarity with the people of portland. >> reporter: this is the alameda county courthouse. witnesses told me there was a large group of protestors in the area in oakland county. according to some of the witnesses, they said a fire was set inside that courthouse. doors shattered, spray paint all over the courthouse. the police station was also vandalized tonight. they also tweeted out that there were some projectiles, fireworks that werized toward the officers tonight. for the most part it was peaceful. around 10:30, things started to get a little bit heated. there's been a lot of sandalism at the courthouse. >> all right, certainly progressed into the night. we'll have more when you think of a bank, you think of people in
adam duval, and boom. cutout of a dog belonging to jeff mcneal. in l.a. dodger catcher will smith. boom.right there off the coconut of a fan there. oaf. that is going to mark. let's go to juliet. >> thank you. we are following breaking news tonight. >>> vandals set fire to the oakland federal courthouse. a large group of protestors had gathered in the area, rallying in solidarity with the people of portland. >> reporter: this is the alameda county courthouse. witnesses told...
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Jul 19, 2020
07/20
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adam clayton powell jr., sugar ray robinson. i see him in threads here. i don't just mean the appropriation of a very smith comcast style. people who challenged these institutional racism with a great deal of style rated and personal flair. what you think about when you think of the three men. what sort of common thread you see that attracted you to the stories. wil: they all were in their own way, fighters. they all were. they were all hungry for success. they all had harlem roots. and the way that adam clayton powell jr. more so than the other two both of them, while three of of them lived in harlem. they all sort of shifted some of the smoke from a harlem renaissance. each man had a sense of poetry, music, style and grace. and i think that infused there, their perspective lives. i think music was important to all three. and i think all three sort of achieved a great deal in the so-called bites 1950s. speech of do you think it is fair to say that all three also represent archives and arch normally talked about in terms of race history or popular cultt idea that you're caught somewhere between the ideals of the civil ri
adam clayton powell jr., sugar ray robinson. i see him in threads here. i don't just mean the appropriation of a very smith comcast style. people who challenged these institutional racism with a great deal of style rated and personal flair. what you think about when you think of the three men. what sort of common thread you see that attracted you to the stories. wil: they all were in their own way, fighters. they all were. they were all hungry for success. they all had harlem roots. and the way...
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Jul 26, 2020
07/20
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CNNW
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adam duvall hitting a rocket into a canine cutout. oh, this is the mets one-year-old doggie. the daughter of our jet macneal. dodgers will smiths poor cutout during the ninth inning of their loss to the giants. that left a serious mark. now victor, abby, i, too, have my cardboard cutout. i'm a huge fan. as you see, i ran out of ink. i need more printer ink. >> you need more ink. >> thank you, coy. >> as we watch cases and deaths spike nationwide, we're seeing a massive push to get kids back in the classroom. >> when you talk about forcing teachers to come back to school, you better be careful about that. >> many days of good-byes for former civil rights icon and congressman john lewis. >> thank you merciful
adam duvall hitting a rocket into a canine cutout. oh, this is the mets one-year-old doggie. the daughter of our jet macneal. dodgers will smiths poor cutout during the ninth inning of their loss to the giants. that left a serious mark. now victor, abby, i, too, have my cardboard cutout. i'm a huge fan. as you see, i ran out of ink. i need more printer ink. >> you need more ink. >> thank you, coy. >> as we watch cases and deaths spike nationwide, we're seeing a massive push to...
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Jul 15, 2020
07/20
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staff led by clerks martha foley, bob bonner, becky, jamie, matt smith, derrick newby, rita, steven, robin, steve, joe carlisle to adam bird, jason gray, adam wilson, tom tucker, anna hanson, mike burns, gloria newletter, i'm pronouncing it wro wrong-- better. malkey white in the front office, eric jackson, lonnie johnson, kathy little. i am so grateful for everything you do to make this the very best committee in congress. my congressional office staff in washington, including fay, wendy corbin, liz, jane rick tore, steve brenner, justin barnes have been invaluable during my final appropriations markup as always. i especially note my gratitude for the extraordinary work of several staffers whom i work with most closely. the director, clerk, shalondi young. [applause] >> thank you, you took the hint as to why i was silent. my deputy staff director, chris bigelow, an alum of my personal office, communications director evan hollander. legislative director dana acton, deputy chief of staff kelly, and my chief of staff for the last 15 years, the amazing, extraordinary elizabeth stanley. i appreciate the great contribution
staff led by clerks martha foley, bob bonner, becky, jamie, matt smith, derrick newby, rita, steven, robin, steve, joe carlisle to adam bird, jason gray, adam wilson, tom tucker, anna hanson, mike burns, gloria newletter, i'm pronouncing it wro wrong-- better. malkey white in the front office, eric jackson, lonnie johnson, kathy little. i am so grateful for everything you do to make this the very best committee in congress. my congressional office staff in washington, including fay, wendy...
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Jul 22, 2020
07/20
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i appreciate the congressional leader, chairman of the armed service, adam smith of the judiciary committee, gerry nadler, bennie thompson, homeland security, who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda. not driven by people's needs, but by his poll numbers and becoming an occupying force in our community community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are doing. e want to pursue legislative initiatives, spending limitations, oversight hearings. this needs to be front and center at a time when we have so much to deal with, people cannot ignore what is happening in portland and what may be coming to their city. with the administration becoming more hysterical in their charges leading up to the election and falling poll numbers, there is no community that is safe from this interference. and we must do all we can to not just spotlight but push back. i i -- our democratic process and our constitutional rights are literally at risk, and you can see it in te
i appreciate the congressional leader, chairman of the armed service, adam smith of the judiciary committee, gerry nadler, bennie thompson, homeland security, who have decried this activity. it is important that we deal with trump's weaponizing law enforcement for his own agenda. not driven by people's needs, but by his poll numbers and becoming an occupying force in our community community and sadly, i think, elsewhere. we need to move forward with oversight hearings dealing with what they are...
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Jul 7, 2020
07/20
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BBCNEWS
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adams, chief executive of community integrated care. we can speak to our assistant political editor norman smith.a problem does the government have here, because the clarification from number 10 doesn't cut it for a lot of people. one viewer tweeted to say that this was a victim blaming by the prime minister. i think it is a serious problem for the government, because you just have to think that most of us, many of us, we'll have family in ca re us, many of us, we'll have family in care homes or relatives in care homes, friends in care homes, people who work in care homes, maybe our neighbours, colleagues, there are around 1.5 million care workers. it is actually bigger than the nhs. so a lot of people will have a lot of sympathy with the care home sector, because they will have direct experience of how the care home staff have performed during this crisis, and i suspect many people ta ke crisis, and i suspect many people take the view they have been pretty heroic, actually, dealing with extraordinarily difficult situations, trying to self—isolate people who maybe have alzheimer's or other neurol
adams, chief executive of community integrated care. we can speak to our assistant political editor norman smith.a problem does the government have here, because the clarification from number 10 doesn't cut it for a lot of people. one viewer tweeted to say that this was a victim blaming by the prime minister. i think it is a serious problem for the government, because you just have to think that most of us, many of us, we'll have family in ca re us, many of us, we'll have family in care homes...