yes that max baucus the guy who killed the public option has endorsed single payer. real universal health care essentially inevitable last coolio rivera and chris all night long look around. every single day people risk prosecution and jail time just to tell the truth and no this isn't happening in some foreign dictatorship it's happening right here in the united states of america thanks to a set of laws known colloquially as ag gag was the american agricultural industry is waging war on your constitutional right to free speech for more on this war i'm joined by someone who's been on the frontlines of the battle patty lovera is assistant director of food and water watch that he welcomed back i think i'm a great to have you with us so. agag is this are we still doing are we still recycling the story of oprah winfrey talking about beef in the beef industry comes down or is this a completely different thing it's an extension of that so we have lots of snappy names for these things that so there are things called veggie libel laws and food disparagement and that's a stat

they'll just say we're not going to get it done or we will and whatever it is ambassador/senator baucusegin with you you are obviously a democrat is there any part of what you've heard that you would support if you were still there or do you think that could sway the chuck schumers of the world to come over and cross the aisle >> well, hold on to your hats, this will be a bumpy ride. many groups as well as the well-fielded interest groups my concern thus far is this is just a framework we have no idea what the legislation might be and that's found in the tax writing committee and the second concern is this seems to be partisan, and in my experience i was very involved in the last major forum and tax reform under president reagan the president worked with both parties. same thing with the 2001 bill, and second, i wanted to see how much revenue was lost and the main purpose of tax reform is do this right and do this fair and make sure we're competitive with other countries worldwide, but also make sure that we're in a situation where people feel pretty good about what's happened any we're

ambassador to china, max baucus. he represented montana in the u.s.r more than three decades. ambassador, thank you for spending time with us. >> you bet. >> experts are still working to verify this test. if the preliminary reports are true that they tested a bomb several times more powerful than the ones dropped in here owe sheem in an and nagasaki in world war ii, how big a threat does this pose to the u.s. and our allies? >> it's clearly unacceptable, one, because of the threat to the united states, and second, if kim jong un develops this capability, other countries in the region are going to say, hey, what about us? japan will say, well, north korea has a bomb, we need it too. same with south korea, same with vietnam. as the case when pakistan made that claim and successfully, i might add, against india years ago. the question is, what's the solution here? we have to do a couple of things, in my judgment. one, we have to work much more closely and thoughtfully with china. china isn't going to stand idly by. i have had a lot of conversation with t

for more, let us get to ambassador max baucus, joining us.e was the ambassador to china from 2014 to just earlier this year. for thank you so much joining us on this labor day holiday. look, i know you talked quite a bit about the u.s. position here on north korea, and hearing nikki haley say we pretty much exhausted all options and kicked the can down the road long enough for a quarter of a century. what does the u.s. need to do now, or what can the u.s. do now? what are the other options? max: i thinkink -- we have run our string on bluster and name-calling. that is frankly not working. it may be counterproductive great for his home consumption and the country of north korea. the question is what is the solution here? i think we have to start as a country in the united states to think a lot more about working with china. i think the road to a solution to kim jong-un's denuclearizing to a degree, or maybe freezing, is through china. china is very transactional. they are very cool. they have been looking at all of this, and i will bet dollars

joining me now is max baucus, former ambassador to china.anks, chuck. >> you heard nikki haley there. essentially you've got to do something. what is the something that's left here? >> i think a couple of things. number one, it's -- this is existential, getting close to the point where something bad might happen with all the buster on both sides. the time has come, she's right in one respect, keep the pressure up on kim jong-un, as well as some of the pressure to some degree with china. on the other hand, i think we have to get real, that china is part of the solution here. it's not just talking to kim jong-un, but talking to xi jinping and to china. >> i'm curious, senator feinstein, her call was for the secretary of state, no preconditions, one on one. the secretary of state and whoever kim jong-un wants to designate. what do you think of that? >> i have a couple of problems. as in the past, they will play us, talk, talk, nothing happens. but second, even more important, it's more than kim, it's also china. china is not going to stand by w

here's done yeah -- donya baucus. >> reporter: people are returning to the aftermath of the la tuna fire it was going from this little spot, sections of flame, to this cohesive wall. >> reporter: craig's family's home is one of four wiped out by the flames that scorch the more than 7,000 akers surrounding the over the weekend, the fire shut down a major freeway, a wall of smoke towering above l.a. neighborhoods. monday, progress being made with cooler weather and rain helping to put out the flames. >> as long as the weather continues to cooperate, i am very confident and convinced we'll be fine. >> reporter: this fire is only one of several fires burning across seven other states. >> we turned a corner, and there it was, up in flames. >> reporter: in oregon, more than 150 hikers told to shelter in place, stranded year night saturday. >> all ten of us are on the bus. >> oh, yay! >> reporter: they were finally rescued. and in washington state, the jolly mountain fire has charred more than 18,000 acres. officials there ordering evacuations for more than 1,000 homes. right now in california,

donya baucus has more. >> i'd like to welcome everyone, and i do mean everyone. >> reporter: before the senate finance committee meeting could even begin. protesters were removed, some from their wheelchairs as they chanted in anger over the newly revised graham-cassidy health care bill. this was the one and only hearing on the plan. >> they don't want us to testify. they don't want us to be here. it's a fraud, a fake, a facade. >> reporter: the congressional budget office released analysis of the bill that influenced susan collins to speak out against it. >> it would have a negative impact on millions of americans who are now insured. so it was that final piece of the puzzle that i had been waiting to confirm. >> reporter: the main lawmaker joined senators rand paul and john mccain as opponents of the bill. monday morning e president seemed to acknowledge defeat. >> we have 52 votes. we can't lose any votes, i mean practically. so we're going to lose two or three votes and that's the end of that. >> reporter: the bill needs 52 votes to pass before the september 30th deadline. and with

one hundred eighty degrees baucus guys he's a word sexy when they talk about guns i'm not going to but they're all mantic. they're emotional. you know when you know when. you know when you don't know you. know when. you don't know. you don't know you in. a well regulated militia being necessary for the security of a free state comma the right of the people to keep and bear arms shall not be infringed. the second amendment in every state constitution guarantees my right to keep and bear arms why for my personal safety and to preserve liberty that's why. it's called america. it's got a lot wrong with swordfish american sex symbol i think there's somebody shooting in here. in america have become almost commonplace but the sandy hook school massacre was six and seven year olds were targeted by gunman reached a new level of horror and cops the rules of the american gun debate. today cause me to want to strengthen gun absolutely not i think if one of those teachers the principal had ever had had a gun that young man possibly would not have killed anyone or. do you think it's he. it's all rig

we have the full forecast coming up in a moment but first, let's check in with abc's donya baucus. >> reporter: across southern florida, people are bracing for what could be the worst hurricane to hit the state in decades. >> the lines to get water goes around the whole super market. >> reporter: food and water are flying off the shelves at grocery stores. flashlights and generators in high demand. and people loading up on wood and sandbags to protect their homes. >> i'm going to board up the house and probably head north. >> reporter: hurricane irma, seen from space is the strongest in the atlantic basin since 2005. the governor already declaring a state of emergency. >> do not sit and wait to get prepared. get prepared now. >> reporter: and the mayor is calling for evacuations ahead of the storm. >> this hurricane is far too powerful, poses far too great of a threat for us to delay actions any longer. >> reporter: in the florida keys, mandatory evacuations. officials telling tourists to get out as soon as possible. patricia and valeri lynn rushed here from houston. to a avoid hurric

well you know you look at it now and senator baucus who chaired the finance committee then in the senate really was an architect of the cia now concedes the time for single payer is now i think some measure at a minimum of a public option particularly in those areas that have very few private insurance choices is definitely something to consider unfortunately we're in a situation where congress is just paralyzed brandon williams c.e.o. the new hampshire health care association great to have you with us tonight thanks so much thank you present from paul visit puerto rico next tuesday meanwhile residents in florida are doing their very best to send aid to the caribbean island despite dealing with their own recovery efforts after hurricane irma artie's were reported i has more tonight a growing humanitarian crisis is unfolding in puerto rico where more than three point four million americans have lived for nearly one week without electricity and access to communication while many citizens remain without adequate food water and fuel the u.s. president has been criticized for not paying enoug

coming up later, we are joined by max baucus.ining us to discuss the gop ticket latest failure to repeat -- to repeal the affordable care act. this is bloomberg. ♪ taylor: this is bloomberg daybreak. nestle is embarking on its biggest overhaul in a decade. it may buy orys sell businesses with combined sales of almost $10 billion. mcdonald's has priced one billion canadian donald in bond -- one billion canadian dollars in bonds. before 2008, most that sales were generated by banks. this year, apple and pepsi sold securities of the first time. private equity owners including cbc capital partners are exploring options for the generic pharmaceutical company which could be valued at $4 billion. the controlling shareholders of the drugmaker have held talks with shanghai pharmaceuticals, focusing on a sale with u.s. business. that is your bloomberg business flash. jonathan: still with us around the table is david rosenberg and -- of gluskin sheff and jim bianco of beyond go reis -- bianco research. where do you see weakness currently? d

you be worried about the safety of the food you eat i asked patty lovera in just a moment and max baucus.

max baucus is joining us in about an hour. this is bloomberg. ♪ ♪ betty: good morning.y liu in new york. haidi: and i am haidi lun in sydney. you are watching "daybreak: australia." we have been talking about the continued rise of the coin -- bitcoin. that is helped along by the idea of it becoming an actual haven. we have seen it touch as high as $5,000 this year. china saying initial coin offerings illegal and asking for all activity to be halted. it is a strong challenge to the rise of bitcoin. we spoke with mark mobius. he said given bitcoin has the appeal for disreputable types to do business, he is not surprised regulators are going to come down hard. take a listen to what he said. >> with u.s. treasury trying to shut down terrorist financing and access to the dollars in banking, the terrorists, drug lords, and others are moving in other directions to have some liquidity and ways of moving money around. these cryptocurrencies are ideal for that purpose because there is no traceability. i believe governments will definitely crackdown on these. haidi: perfect timing

donya baucus has the details. >> reporter: the terrifying images from inside buildings, showing the powerom sees lights swing uncontrollably as one man steadies himself against a wall. and at a restaurant at mexico c swing uncontrollably as one man steadies himself against a wall. and at a restaurant at mexicese swing uncontrollably as one man steadies himself against a wall. and at a restaurant at mexicises swing uncontrollably as one man steadies himself against a wall. and at a restaurant at mexiclse lights swing uncontrollably as one man steadies himself against a wall. and at a restaurant at mexicswi steadies himself against a wall. and at a restaurant at mexico city's airport tourists take cover under a table. >> earthquake. >> the whole building was shaking for like five whole minutes. people running in every direction. >> reporter: one american tourist describing the chaos. >> people were screaming. people were crying. >> reporter: outside, buildings rocking so hard glass from the windows fall to the ground. light posts shake violently. from the air, a clear picture of the devasta

abc's donya baucus with more. >> reporter: utter devastation in puerto rico. >> the biggest catastropheeporter: the island's governor saying the situation is growing more dire by the minute. it's been six days since hurricane maria made landfall and still 95% of puerto rico is without electricity. the more than 3 million u.s. citizens there are suffering in unbearable heat without basic supplies. >> we are going door to door to door doing the search. >> reporter: at this 14 story retirement home in san juan, there's no running water and elderly residents have to use the stairs. san juan's mayor saying they aren't receiving supplies fast enough. >> president trump, please whatever you need to do. let fema do their job. >> reporter: the president is receiving criticism for his response, with some saying he spent more time tweeting about the nfl. his tweets about puerto rico highlighting the island's massive debt, saying it owes billions of dollars to wall street and the banks which sadly must be dealt with. >> was i preoccupied? not at all. not at all. i have plenty of time on my hands. a

he was the chief of staff to max baucus. he is a partner at the strategic advisory firm.me back. it is interesting to get a peek behind the scenes of what happens with the plan. it's a nine page outline with a lot of questions. who is going to fill in the blanks? ton: the white house wants give that to congress. that is the appropriate place be having these discussions. congress is supposed to write laws. let them take charge. i think the question is as you say, this is a very broad outline. it's not really a plan. it is a set of asp rations they would like to do. it includes all the things people want and none of the things people know have to be done in order to make the revenues balance out. i think the best thing for congress to do would be to have hearings on the planet. it would be to have drafting sessions where amendments can be offered and pros and cons of the approaches can be debated. at the end of the day, that's what reduces it out comes historically. david: john mccain's been advocating that. it sounds like it takes a lot of time. the president says he wants

running for president 2020 frankly of four we are looking at what caught my attention over weekend max baucusts up for reelection flirting with signing payer health care a litmus test mainstream issue in democrat party. dagen: is it a message impossible to pay for? let me end on this, do you want to life with more making decisions about what kind of health care you get health insurance i g-- you get. >> i say no, i don't want those people making decisions about my health care. >> look what they did with veterans if you think the government is going to care more about you, than they care about veterans, low have a big political constituencies we all care about i think you are dreaming. >> yes. >> -- the health care -- >> but -- exactly, but it is a much -- bigger problem we talk about we all like amtrak a postal service this is danger looming -- s physically endangering personal for this nation. >> will days in come to the table stuart varney will weigh in on thank you bipartisan dinner. >> revamping a clothing line. ♪ ♪ think your large cap equity fund has exposure to energy infrastructure ml