this discussion was hosted by the cato institute. >> welcome to the cato institute. i'm the director of the center for constitutional studies. on goingide ourselves against executive overreach before it was cool. today, we are talking about the executive power over emergencies. andecent years, progresses libertarians have found a common cause. our constitution gives the explicit view emergency powers, but evoked -- inve many ways. frameworkaintained a for regulating this authority. the 1976 national emergency's act commences that act, we have had 59 national emergencies declared, 32 of which including the wall emergency, are still ongoing. we are still in fact in a state of emergency from the 1979 iran hostagetaking. i hope that doesn't alarm you too much. decisionident trump's to declare a national emergency to construct a wall on the southern border, propriety of the emergency's act can no longer be avoided. here to discuss these issues will be our wonderful panel. before we get to them, let me introduce you to carolyn fredrickson. i am delighted to be cohosting th

hosted by the cato institute, this is 90 minutes. >> welcome to the cato institute. my name is mr. shapiro, director of robert e lee center for constitutional studies. we pride ourselves on being against executive overreach from before it was cool. today, we are talking about the national emergency and executive power over emergencies in general. in recent years, libertarians and progressives have found common cause in their concern that the growth of executive powers goes beyond constitutional limits. our constitution actually gives the president few explicit emergency powers but presidents have invoked national emergencies from the beginning of our republic in different ways. after watergate, congress created a framework for regulating this authority. to give the power as the panel will get into, a greater framework to try to regulate it. the 1976 national emergencies act. i bet you did not know that this act, we have had 59 national emergencies declared a 32 of which including the wall emergency are still ongoing. we are still, in fact, in a state of emergency from the 1979 iran

john miller a professor of political science at ohio state university and senior fellow at the cato institute in washington professor miller's good to talk to you thank you very much for your time thank you nice to be here a few months ago you published an article in foreign affairs magazine the other pretty provoke a tiff tato nuclear weapons matter well they seem to matter quite a lot of good here is the un secretary general and many other high ranking europeans who seem to be quite concerned about moscow and washington new arms race in the europe are they deluded. well they just overly anxious i think they do make a lot of difference in terms of anxieties and obviously in terms of defense budgets but i don't think they've been necessary or history in any important way since world war two in that article you say that nuclear weapons were not necessary for deterring a third world woold war and it's striking to me that you used the past tons do you think that the prospects for a third world war has vanished by now i would say pretty much yes obviously things can still happen but the likelihoo

the country's message is that the initiative will benefit everyone but the berlin based more cato institute of china studies paints a different picture it says that in over two thousand projects worldwide around ninety percent of all contracts went to chinese companies. the internet's your own by them for years it's very important to understand the project's intention it's about globalisation chinese style so making globalization work for the chinese government that means that chinese companies need to get contracts when market share and to help the country's economy grow along the way sort of oxen. large german firms are profiting at the moment as suppliers or service providers among them as deutsche of bonn which is involved in logistics and the belton road and mission of the country small and mid-sized companies on the other hand are worried they'll be cut out of lucrative markets huntsman head off has set up an association because he says the german government just hasn't provided enough support. indeed on the gulf if we don't watch out and make some positive progress if we continue to

also with me, ryan born, he's an economist at the cato institute, a libertarian institution, and he'sed capitalism. let's understand what we're talking about. what, in very simple and brief term, is your understanding of socialism? >> too much of life today is accidents of birth, and we believe that people should have at the very least the core necessities to roach their true full -- preach their true -- reach their true core potential. childcare, housing, education, basic access to nutrition and no longer held hostage to the market. guaranteed social rights. and more generally, we believe that democracy is a good thing and democracy should be, to whatever extent possible, extended from just the purely form of political realm into more social and economic spheres as well. gerry: the definition of socialism is government control, government ownership of the means of production, distribution, exchange. it means, essentially, no real private -- very limited private property, and the government essentially runs everything. that's not quite what you're describing. >> i think there's certai

however, a recent cato institute study found that overall immigrants are less likely to consume welfare benefits and when they do they generally consume a lower dollar value than native born americans. while the president is asking for more funding for the border wall, his budget proposal would affect spending in education, energy and medicare and it would also call for some major cuts to medicaid. janai. >> all right, stephanie, setting up for another fight over the budget, thank you. >>> and we have video in morning from the front lines of syria where isis militants are making their final stand. american-backed forces are advancing into the final isis stronghold. artillery and gunfire are lighting up the night sky pounding the small village of baghouz. abc's james longman is there. >> reporter: this is as close as anyone gets to the front line in baghouz. we can't have too much light to avoid being targeted ourself. as you can see, artillery fire coming from all sides on that tiny town. this is hopefully the end of the so-called islamic state in syria. >> incredible. four suicide bomb

he spent time at the heritage foundation, the cato institute, a more liberal leading institution in washington he is also somebody through in 2018 said he does believe the president of the united states would have the right to fire the fed chair. according to the interview he gave in december of 2018, which will no doubt resurfaced during his confirmation process, he said the cause for president trump to fire the fed chair this time around would be for wrecking the economy. his words. guy: is this larry kudlow's doing? they are very close. kudlowno question larry is close with stephen moore and close with arthur laffer. they run in the same economic circles. this is without question president trump's pick to have a voice on the fed governing board. stephen moore is someone who will fall completely into the same ideological tanks as the likes of larry kudlow and president trump. vonnie: kevin, thank you for breaking that down for us. kevin cirilli in our washington, d.c. bureau. be sure to tune in just after 3:00. there will be an interview with stephen moore at that time. in on bloomberg first

spending in real terms when i was governor and i was ranked by the wall street journal and the cato institutefiscally conservative governor in the united states. i don't consider donald trump with all respect and economic conservative which was part of the republican party that i grew up with. the trillion dollar deficits adds $7 trillion. that raises and fairness issue to the young people, the millennials and gen xers who will have to pay that bill. i'm not going to pay that bill but young people, it is going to be on their backs. it also hollows out the economy. they can't afford to make their checkbook balance at the end of the year. all 50 state governors, 49 of them are required by their constitution to balance the budget and the same should be true at the federal level. shannon: a lot of americans would be with you and it would be a more responsible way to handle our federal finances. thanks for dropping in and as you make a decision we will check in with you. >> month of april. shannon: our midnight hero rides to the rescue next. oooh. premium entertainment on the infinity screen! peop

between those events i feel i'm becoming the cato institute's token deferrer. my message there and here is there's a lot of danger in deference but might be even more danger in the lack of deference. our understandings of congress and the courts have really been shaped by the actions of this administration, the previous one and the previous one before that. with assertions of executive power, both in domestic policy and in foreign policy. that's good. that's good those experiences have taught us a lot about congress and the courts. i think we shouldn't overlearn the lesson. we also should recognize that both these administrations have taught us a lot about the presidency and that we ought to focus what we learn here not just on changing the courts and congress but changing how we think about what the presidency is. >> all right. we have a little bit of time for questions. i will ask that you defer to me in picking the questioners and going to insist as i always do that they actually be questions. raise your hand, wait for the mic, state your affiliation if you

in the case and want to share their perspective and among president 18 briefs were the aclu, cato institute, u.s. chamber of commerce, naacp. the people who don't think there's a problem are the people who stand to benefit from it. unfortunately, they're a powerful constituency, oftentimes more powerful than the poor and minority people who feel the brunt of these policies. >> i mean, if this area is going to be reformed, does the link between the money and the law enforcement agency getting it back have to be broken? >> i think that's key. it's critical. that's something that we've challenged in a number of jurisdictions. for example, just last year, we successfully challenged the profit-fueled system in albuquerque, new mexico. a federal judge invalidated that system, basically saying that the profit incentive was so strong for the forfeiture unit in albuquerque that the prosecutors couldn't act with the kind of impartiality that they would have to. but it certainly is a key part of reforming civil forfeiture, ensuring that the people who are making the decision whether to bring this real

spending in real terms when i was governor, and i was ranked by "the wall street journal" and the cato instituteider president trump, with all respect, and economic conservative which was part of the republican party that i grew up with. i think the trillion dollar deficits and the most recent budget adds another 7.9 trillion. we are talking about a trillion dollars of the community deficit. that raises a fairness issue to the young, the millennials and generation x who are going to pay that bill. i'm not going to pay that bill. young people, it's going to be on their backs. i think it also hollows out the economy. how many households can afford not to make their checkbook balance? all 50 state governors, 49 of them, all except vermont are required by their constitution to balance the budget and i think the same should be true of the federal level. that's one reason i would like to get to washington. >> shannon: i think a lot of americans would be there with you and would be a much more responsible way to handle our federal finances. governor, thank you for dropping in. great to have you. >> mon

mani only can now speak to juan carlos delgado who is the latin america policy analyst at the cato institute think tank in washington so as we were hearing from our correspondents there. inside venezuela and on the board this power outage is having a power lies ing impact on the country not fresh challenges that a time when that was already an economic and humanitarian crisis how long do you anticipate this could go on full. we don't know i mean this is that the king bomb for sure but we haven't seen yet that it's likely that will spark. a massive outwards of the population pro going into the streets and trying to topple an equal as modal obviously most been as one and one that outcome but we haven't seen yet that situation where the population forces the hand of the military who is the ultimate arbiter in this standoff between white dog and the regime will be called as modal. it appears that the situation has hit something of a stalemate with. pursuing international support which he certainly does have upon returning to venezuela is still very much in the same position because of course the

was at heartland, he was director at the atlas and the editor of regulation magazine at the cato institute, and earlier in his career he was at the joint economic committee here in congress. he has a phd in political economy from catholic university. next to him is jim stopper, tauber,f -- jim saube president of the chief association of national letter carriers. the mosthey are one of popular occupations are groups in anyone, most positive feeling of anybody in america. he came in second to the pope once. depends on what year it was. 's. atkinson: he directs nalc research, bargaining, public policy, they have been doing since 1985, when he joined as an economist. he has a masters degree from johns hopkins university. finally, we are being joined by enz, and unfortunately ashley, who is with ebay, came down ill today with the flu everyone seems to be getting, but we are glad kate could join us. mails the director of a service's provider. she also has a long career on the hill. she was with congressman bruce angusnd senator king, both from maine, and has a degree from the university of maine

hosted by the cato institute, this is 90 minutes. >>

doug band do you with us, senior policy advisor at the cato institute.ere you're coming from, doug. you don't think we should use military intervention, i got it, but if we take it off the table we have no threat. so you don't take it off the table, you don't necessarily use it. what do you say? >> the problem if you're going to make a threat you have to be willing to live up to it. so the challenge for us if we make a threat we're really not willing to follow through on then we lose credibility. to my mind you use the military for absolutely essential things, it is the last resort. we don't have that here. it is an extraordinary challenge how to get rid of maduro. he needs to go, far more political problem, not a military problem. stuart: should we use the cia? i realize i'm going back to the late 1950s or something. why not? why not? the guy is corrupt socialist dictator. he is killing his own people in the street. why can't we have the cia have a quiet word with couple generals, get him out of the country, why not. >> if it was that simple it would be

joining us the senior foreign policy scholar at the cato institute.come to the program but first of all, tell me what on earth happened with the special relationship we built with the cubans with president obama back in 2016? >> challenge of course is that the communist regime never wanted to go away and that special relationship was never really going to change them. the hope was to change other cubans, build up a private sector. the raul castro is still alive, he is still around. his followers are still in power. stuart: doesn't seem that we got much out of that deal with cuba if they have now got their military and intelligence people in venezuela propping up ma during rethat we'll sanction cuba. we didn't get anything out of that deal, did we? >> what we got out of the deal americans may have missed it helped build up a private sector down there. you have taxi drivers, air b and n people, that kind of thing. what the administration wants to do make sure it hits the bad folks. you want to hit the military intelligence services. you want to hit the

this discussion was hosted by the cato institute. >> welcome to the cato

arthur to your comments about incentives but the cato institute did an analysis. a former republican judiciary staffer who's at the institute studied when did the increases happen compared to the daca announcement and they're unrelated and i will put that report in the record without objection as well. i do think it's important taking a look at the tps issue that the announcements that were made seem to me to be pretty much unrelated to the facts on the ground. and i went and took a look at the -- what the state department is saying about some of these countries and you go to the travel advisories and they're saying when -- about el salvador, we considered going there. it's too dangerous to go. and yet we're saying it's a problem who send people there who have been here for dozens of years back there to further destabilize that region. soy think there's ample reason so question not only the decision, but the decision making process on these tps denials or removals. i want to talk, ms. ruiz, i think i'm mispronouncing your name. the story you cold is really a very p

arthur to your comments about incentives but the cato institute did an analysis and david beard was a former republican judiciary staffer and he studied when the increases happened compared with the daca announcement and they are unrelated and i will put that report in the record that the announcements that were made seem to me to be pretty much unrelated to the facts on the ground. i went and took a look at what the state department is saying about some of these countries. if you go to the travel advisories and they are saying things about el salvador and we consider going there, reconsider going there, it is too dangerous to go and we are saying it is not a problem to send people who have been here dozens of years who were americans at this point for all intents and purposes back there to further destabilize that region. i think there is ample reason to question not only the decision but the decision- making process on the tps denials or removals. i want to talk -- i think i am mispronouncing your name i apologize, the story you told is really a powerful one about your mother and i

cato next move be a rate cut? [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org >> welcome to the best of bloomberg day break middle east. oil is hitting a year to date high. after opec on its partners committed to production curves until less june. independent producers were meeting, and i was joined on tuesday. >> not exactly on the naughty list in terms of not come applying, but they are exempt due to external factors that re hurting their country's production. two are venezuela and iran because of u.s. sanction. i spoke to the national oil company chairman as well as their minister. we spoke about what they are doing to boost their production. one of the big things is that they are really bread and butter oil field just came back into play early march. this was after it was ok pilet for three months by armed militia. take a listen to what he had to say. our production now is enhanced. before two weeks, the reduction was around 900,000 barrels a day. now it is in range of 1.2 million barrels a day production. >> what about the ou

society and also the director of regulatory studies and the editor of regulation magazine at the cato institute and earlier at the joint economic committee in congress. he has a phd in political economy. next to him is jim, jim is chief of staff of the national association of letter carriers. these are the folks who go out every day in the rain, snow and sleet. and they deliver our mail. i think they're one of the most popular occupation groups in the highest positive feeling of anyone in america. >> i think we came in second to the pope once. >> it depends what year it was. he directs nlc research collective bargaining and public policy and has been doing that since 1985 when he joined as an economist. he has a masters degree from johns hopkins university. finally we are joined by kate who unfortunately ashley with ebay came down ill today with probably the flu that everyone seems to be getting. but we are lucky that kate could join us. she is director of government and regulatory affairs for pitney bowes which is eight mail service provider. she also has a long career on the hill, she has a d