thank you so much, david plouffe. i have to ask you of rumors of becoming chief of staff of the white house. is that a job you'd want? >> silly season in washington so everyone's speculating about thing that is have no basis in fact. i walked out of the white house early part of '13 and i don't expect to go back there except as a tourist. >> silly season as you say but isn't that ifr season? thank you, david plouffe. >> in washington it seems to be, unfortunately. >> white house senior adviser david plouffe. >>> you want to make a lawmaker instantly uncomfortable? >> a question. i'm actually a -- myself and i'm from mexico. but i have been raised here. graduated from the university actually. >> that will do it. how did rand paul react? find out after the break. tion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex

without leaving their app on the heels of uber hiring president obama's former campaign manager, david plouffesquare has more cash to give away. victory park capital has made an investment to expand its cash advance for graham, square capital -- it's cash advance program. twitter is taking down images and video of the beheading of u.s. journalist james foley. by islamic militants dick costolo said we have been and are actively suspending accounts as we discover them related to this graphic imagery. a video of the execution was posted on youtube but was taken them hours later. this is the latest example of social media companies increasingly policing user content which is a change from the open internet policy many of them have embraced for years. video,he release of the it logged over 10,000 tweets. let me bring in a special roundtable. we have a law professor at uc hastings and was a military defense attorney in israel. also with us is courtney radish. currentformerly the test the program manager for the person campaign and is led advocacy missions in libya, and dozens of other countries. --

campaigns hired new manager, former obama political strategist david plouffe. ish, what did he have to say? >> i asked why he was going to work for a tech company out or his experience in washington. i asked travis why he desired to hire david, someone was such a political background to work and transportation company. what they both had to say makes a lot of sense. >> the whale like to think about it is uber running a political campaign and the candidate is uber. partneredto have just with the best campaign manager in the world. that's what it's about. we are in cities around the world. we need to get the positive story of over out -- uber out there. the taxi cartel is resisting the process we are bringing to the cities. had aid, you've phenomenal career in washington. why go to work for a startup? have spent a lot of time talking. i was a customer and strong believer in the company. we had a great mind meld. herebuilt a great company with great people and great mission. the opportunity to be involved in something like this could be a once in a generation exper

they're facing major millet -- regulatory hurdles and they have just hired david plouffe. think that it is hotter than hot. how hot do you think uber is given all of the challenges? >> i think uber is genuinely important. they have looked at a horrible inefficiency in our economy, short-term transportation needs, and they have come up with an elegant solution. at riske huge forces that are trying to protect old markets, cabdrivers and all of that. itsumers have voted and feels to me right now as though every regulatory battle will be fierce and uber will win enough of them that it will succeed. to me, what is impressive about the company is it fits so well with this really important trend and urbanization, young people in particular moving to tight city places where they don't need to own a car or a home. frankly, they are going to go to a very interesting personal balance sheet to get rid of the debt. they will avoid homeownership and car ownership. by playing to that the cyst so directly and the lack of capital will be a think they huge company in 10 years. on $18ws what

you spoke to the guys from uber who just made a strategic hire, david plouffe. next on "bloomberg west." ♪ >> welcome back to "bloomberg west." i'm cory johnson. uber has hired a new campaign manager, former obama political strategist, david plouffe. he has served as a bloomberg intervening editor. he will start with the company in late september. trish, what did he have to say? >> i asked why he was going to work for a tech company out or his experience in washington. i asked travis why he desired to hire david, someone was such a political background to work at a tech and transportation company. what they both had to say makes a lot of sense. >> the whale like to think about it is uber running a political campaign and the candidate is uber. i'm lucky to have just partnered with the best campaign manager in the world. that's what it's about. we are in cities around the world. we need to get the positive story of uber out there. the taxi cartel is resisting the process we are bringing to the cities. >> david, you've had a phenomenal career in washington. why go

uber is hiring david plouffe.ormer white house senior adviser and manager of president obama's 2008 campaign. his official title, head of strat yi. running uber communication service as the car company continues to expand. seems to be a rite of passage. think of google, elliott shrag, facebook, joe lock harhart. how is this different? >> kayla, right. interesting about plouffe, he wasn't always just your washington insider. he didn't go to washington in the first term to work inside the white house necessarily. stayed out. work and date tao in the on the ground organizing. the obama campaign was so good at working with data to figure out how to get the right people to do the right thing for them at the right time. that's just what uber needs. not just with its customer base, but as it attacks regulatory hurdles ahead of it, and plouffe, i don't know who would be better. >> brilliant. the biggest risk to uber is government interference. it's unions. it's big taxi cartel as they're calling it. >> the government. >>

this could be an extremely rich and wealthy companies. >> david plouffe would not go from the highestovernment to being vice president if he was not cashing in big time. i bet dollars to donuts that mr. poff plouffe will do very well in an ipo. >> may be he has been hired by them to be nice to the unions. he is close to the unions. he is opening up a path. maybe that is the object. >> i would put the regulators first. i would put the unions second. ipo. he is trying to get rich quick. that is what they are about. ultimately, that is what this whole deal is about. let's just say maybe this is hinged with jealousy. i got out to make money the old-fashioned way. [laughter] stuart: we will leave it at that. thank you. check the big word. we are pretty flat at the moment. maybe we will make a run at 17 k. maybe not. the s&p 500. exactly the same story. nevermind the lower forecast at target. the stock is up. the chief financial officer made some positive comments and investors liked it. lows reduced its sales forecast for the year. down earlier. the stock has turned positive. barely higher

yesterday, they announced they were hiring the campaign manager david plouffe.t every weekday at 1:00 p.m. only on bloomberg west. if you look at rent for office space in san francisco, you are bubbly have been shocked. puts study by cbre group san francisco to boast the most expensive office market by next year. that is due to growing tech companies. many companies are among some of the many tenants paying up for space in the bay area as well as other cities. trustal estate investment has office buildings and film studio space in california and seattle. i am joined by the company's ceo, victor coleman. good morning to you. i imagine it is a good morning because this is great news for you with all of these rents going higher. what is driving all of it? >> thanks so much for having a. in rents today are moving all sectors and all markets we are in on the west coast. san francisco specifically in the city itself is moving because technology growth and diversification and lack of space is happening. >> i can remember when i lived in san francisco in 2001. it was at

you remember david plouffe. >> how could we forget?> during the hillary contest, he was the button down calm one who complained about the bed wetters around him who were getting worried. he was stead as she goes. then in the white house, the senior adviser. we hear from people very close to the white house that he is most likely to come in as the last chief of staff. denis mcdonough who has been with the president is going back to the campaign as a national security expert, has been in this job 18 months. it's a burnout job. people figure that around the midterms, he'll probably head out and the david plouffe, someone the president is very comfortable with, someone who knows the obama way, someone who can be there to guide the legacy. he is already on the library board, is most likely to come in. yesterday at the playbook lunch, i asked david about it and it sure sounded like it was a possibility. he said, well, we'd love for denis to stay and turn out the lights on january 20th, 2017, no for that. it would be a way for david plouffe t

david: plouffe is a democrat, and democrats have most of the connections in city hall, and they're thenes that are probably trying to put off all the uber type of -- not just uber, there is the other one, what is that called? lyft, airbnb. we have the bus services, luxury limos. they're getting heat from city hall, scott? >> david, same with airbnb, a hated target of the dams as well. which goes to point lauren mentioned. 18 billion dollars valuation the most valuable start-up and disrupted technology, but guess what? there's demand for it. if it wasn't good, if it didn't work, consumers wouldn't use it and they love it. david: the new economy. the great thing is it flies in the face of the protectionists, monopolists, todd, kind of movements that we have that have sort of perpetuated the worst of capital. worst of crony capitalists. >> like i said, they're doing something right. they'll be in the markets and other markets around the world. i honestly don't see how the taxi commission they're actually going to stop this. like scott said, it is popular, people are using it. if it didn't

. >> i'm giving a hit to former obama campaign director david plouffe for joining uber to fight cronyism. david isn't exactly the world's biggest fan of smaller government, but if greed gets him over to our point of view, i say good for you, buddy. welcome to the club. >> taking on the taxi cartel. good luck with that. >> another miss for vladimir putin. he's busy invading ukraine, but another crime that was committed was the russian government has decided to shut down a number of mcdonald's restaurants in moscow including the iconic one which opened in 1990. >> have you eaten there? >> i have eaten at one in st. petersburg. it beats eating bear in russia. this it was, when it was oftpen the most popular mcdonald's in the world, a signal of the new free come coming to russia. that's swiftly being withdrawn. >> remember, if you have your own hit or miss, tweet it to us. that's it for this week 0's show. thanks to my panel and thanks especially to all of you for watching. i'm paul gigot. hope to see you right here next week. >>> we start with a fox news alert. a possible new front for the

david plouffe, and peggy noonan from "the wall street journal." i want to show the headlines.the president taking heat. including, bill kristol, "the weekly standard" calls this appalling. the only timeless value the president seems willing to stand for is golf. >> i think we call the policies appalling. if he were pursuing good policies, left 10,000 troops in iraq, bombing the heck out of isis, i would say, go ahead, play golf, mr. president. the problem is his policy, not his vacation. >> no one begrudges the president a vacation. but it was the juxtaposition of that statement about james foley with a round of golf an hour later. a mistake, right? >> i don't think so. it was a powerful statement. you showed clips before we joined you. this is a political tradition. when peggy's boss went to california, deep criticism. both president bushes went away, president clinton. so when you're the president of the united states, you're never really on vacation. you're on 24/7, as you know. i think the whole discussion of optics fascinates washington. but really doesn't fascinate the a

david plouffe is joining uber as the senior vice president of policy and strategy.he car service business and brand is looking for his campaign skills to gain entry into american cities, many with a powerful taxi lobby and strict regulations through which to maneuver. >>> the corruption trial of bob mcdonald pitted one mcdonnell against another. the sister, sharing the same name as his wife say they can be a bully. there are two sides, you're not sure which one will show up. but the governor's sister tried to help the case, reinforcing the narrative. demonstrating the marriage was in tatters, and they continue have provided the favors for gifts and loans. he was out of the loop on a $50,000 check from a donor johnny williams that went to the real estate business they shared. when she called her brother to discuss the check, she could hear the first lady in the background, screaming, angered that she called him about the money. >>> there's an important recall this morning. the brita water filter company is calling more than 200,000 children's water bottles. no injuri

. >> david plouffe, you are buying lunch for everyone next i'm. -- next time. we have our guest hosts for the hour. to be direct about it, these are two wonderful guests. -- me start with the idea adam, we have so many different ways to go. i guess we should go negative interest rates. >> [indiscernible] questionhere is no that plunging rates in europe has been driving down rates globally, especially in the u.s.. even though the u.s. has been doing better, rates continue to fall because the u.s. is rallying rates by contagion. >> to your wonderful holistic view, are we seeing all of this happen in a time of stability or is it creating instability? >> i personally think instability. rates are going down. european equities have been performing at the major markets. because thelling market is slowly coming to the conclusion that even if the ecb were to do qe, policy has been ineffective. >> european gdp's are shrinking. >> this came up three times yesterday. is europe in a depression? >> deflation is one way of looking at it. i don't know about depression. >> how

david plouffe is bipartisan.lican national committee is raising money off of democratic opposition to uber. they love the ideology. washington will glob onto anything that they think will raise money or get headlines and that is what republicans have done here. to getthey trying 22-year-olds to vote for them? >> it does not hurt. uber definitely is that. >> the fight for the control of the senate -- an interesting election out of alaska yesterday. is the tea party off of the board after we have seen these go down? the primaryvan won yesterday. he was the republican establishment pick, and in the club for growth, and other tea party candidates behind -- groups behind him. he was one of the few candidates that appeal to both. on the whole, if a republican establishment member laid out the candidates he or she wanted to run in every contested senate race, they got them. it is huge. the slate of candidates is everything they wanted. public in establishments are thrilled -- republican establishments are thrilled. >> t

david plouffe was running a campaign but now running a different campaign.said uber will be selling ceos on the car service. it was brought a whole lot of anger with taxi drivers who now has a very serious campaign manager working there. >>> we're following breaking news out of ferguson missouri, where a late-night protest over the deadly shooting of unarmed teenager michael brown remained mostly peaceful. >> and israel and hamas launching air strikes after peace negotiations fail. we're live with what's happening right now. we're in gaza right after the break. >>> a night of tense, but peaceful protests following ten days of unrest in ferguson, missouri. anger still palpable over the shooting death of the shooting of unarmed michael brown. for one night, calm. >> it looks worse than it is. it really looks terrible. my two sons live down here. and i said, i need to make sure my sons are all right. but it's nothing like what's going on tv. yesterday i seen just the tear gas and heard about the shooing. >> attorney general eric holder arrives in ferguson to ov

they hired david plouffe. jimmy p. jimmy, an interesting story.hy do you care, but does it -- in this day and age, you've got to have a lobbyist. it's a must-have. we're just not generating as much of those. why? one reason might be it hearting to turn that so, listen, so you'rer did what it has to do. it has a destructive new, very disruptive innovation. there's going to be losers, and the loser are fighting back, and those are the existing tax cabs. >> it's sad, right, jim, all those regulatory burdens. there's no real guaranteed 100% success that uber will be able to expand. you can look at that as a market signal, they still think those will have some value down the road. that's what uber will do. to have a political campaign city by city to make sure they can save a legal unregulated product. it make me think that uber believes it may have some tough times ahead. >> i think you're absolutely right. they're going to lose these fights, and they're also in sort of a death struggle with lyft as well. it doesn't come more, you know, influential or

. >>> and more breaking news, former white house adviser david plouffe is joining uber as vice president of policy and strategy. i'm going to make sense, somebody in government to get in there and deal with government. we're watching uber, too. not yet public. >>> companies like apple are hitting major milestones today, many other businesses are turning in strong performances as well. can't hit everybody. 94% of the companies in the s&p 500 have reported earnings so far this season. how did they do? according to s&p capital iq, 63% have beaten on revenue. if everything looks so good, why is there major investor concern about a pullback? everybody is all nervous expecting it's got to happen, waiting for it to fall. joining me mike collins, along with teddy weisberg at the new york stock exchange. gary kozlowski in the pits of the cme. mike, i want to begin with you. the angst as the market climbs the wall of worry and people who got out more than a year, two, three, four, five, lost out on this. >> six years ago caused a lot of this getting out people and made it through 1999, 2000, the b

on tuesday we learned obama's 2008 campaign manager, former white house aide david plouffe is going to work for the silicon valley car service uber, the company which connects users and drivers through a cell phone app is sparring with the taxi industry and the strong unions. democrats traditionally support unions and don't usually go after unions. here is how head of uber described the struggle. >> we're in this political campaign and the candidate is uber and the opponent is [ bleep ] taxi. >> plouffe's new job follows two more obama staffers who picked fights with organized labor, robert gibbs and ben la bolt recently signed on trying to cut teacher's tenure. ricky weingarten, the president of the american federation of teenagers said gibbs and la bolt are working for clients trying to undermine public education by pitting teachers against students, subscribing to a theory that to help kids, you have to hurt teachers. there's obama's 2012 campaign manager now leading british prime minister david cameron in the uk. buzzfeed reports cameron's party is campaigning on a platform includi

president obama's former campaign manager david plouffe was hired this week by this -- >> hoover. >>stion. david plouffe incorrect was hired this week by this startup transportation company uber which is headquartered in what city? no guesses? we'll call time. the city is san francisco. 300-point tossup question. before rick perry was indicted last week, the previous sitting governor to be indicted while in office was john roland from this state. josh? >> connecticut. >> he is from connecticut. correct. 300 points for josh. tossup, kentucky senator rand paul also an opthalmologist traveled to this country this week. >> guatemala. >> might have come up earlier in the show. unwittingly conceding the election, democrat rick wile & accidently referred to his republican opponent mike rounds as senator in a debate this week for the open senate seat in his -- josh? >> south dakota. >> in south dakota. that is correct. 300 points for josh. that's the horn. that's the game. that's a very impressive score. 2900 points. 300, 100. i think we crown josh the winner and that means you'll ghet prize

david plouffe was on one of the sunday shows yesterday talking about the president's golfing and thatadition. when you're the president of the united states, you're never really on vacation. you're on 24/7. i think this concept of optics fascinates the american people. >> i think he's wrong, mr. trump. i think if the image of -- on the cover of one of the new york tabloids on thursday was the image of jim foley being beheaded and then a shot of barak obama out golfing, that sends a terrible message to americans and to our adversaries around the world. terrific. i read that. i think she's terrific. i do. i think she hit it on the head. look, it was a terrible image. nobody likes golf more than me. brian likes it. i've seen brian swing, he's excellent. he's getting better and better all the time. he'll be railing rory very soon. >> very soon. >> but the fact is that it was a terrible time. you have a beheading and then immediately after the news conference you run off to the golf course and the pictures of him smiling all over the place, i mean, was just terrible. so i thought it was --

hans nichols, our friend -- our international correspondent with david plouffe.re including the interview with penny pritzker and mike bloomberg. we are a few moments away from the opening out. we have the top 10 stocks you do not want to miss right after this break. ♪ >> first. bloomberg. >> welcome back. you are "in the loop." i am betty liu. it is 26 minutes past the hour. bloomberg tv is on the markets. futuresthe latest on right before the opening bell, the final moment he for the open. -- before the open. equity futures are lower, keeping the trend we saw last week where there was volatile trade but also lots of selling going on because investors are worried whether we may be here at the peak in the markets. we are on the markets again in 30 minutes. that's countdown to the open with the top 10 -- the only stories you need to know about today. julie hyman and scarlet fu joining in this morning. let's start with number 10, linkedin, pain $6 billion in 350id wages and benefits to current and former employees according to the labor department. foundrnment inve

one of president obama's former top political strategists, democrat david plouffe, is now working forection year could help its move to expand it may also back fire turning some customers and supporters off.luntz is a cbs political news strategist. >> uber isn't a republican or democratic issue. it is a life issue. and at a time when so few americans trust what washington is doing, and they're struggling to get by you want to be on the side of a company that actually improves quality of life and is a company focused on the future. so it may make political sense, but most importantly it is beneficial to the average american who desperately needs transportation. >> reporter: uber told us it welcomes support from both sides of the aisle, and with tongue firmly planted in cheek, a spokesperson added, come election day, remember that uber is the most reliable way to get to the polls. jeff? >> very nice jeff pegues in washington, thank you very much. >>> 11 weeks after a devastating accident amy van dyken is rising. how she cleared a major h >>> this portion of "cbs this morning" sponsored

. >> it is sad that uber has to hire a godlike david plouffe. >> you hired the democrat to go ask you> there are a bunch of people who think they are democrats that really are not. they cannot do what needs to be done to reform education or anything else that makes the city work. they can either join our team, or bang their head against the wall for a few more years. stuart: will i get a tax cut. a corporate rate level or the individual tax rate level. >> i think it is very possible. it could look like the last six years of clinton. it works well together. they had not done that before in majority status. they will sit across from obama. obama has been telling the corporate community 45-six years now that he knows the rate needs to come down. at some point, he actually needs to do something like that. stuart: have a good weekend. we will see you soon. if we do get a republican sweep of the senate, do you think i will get a personal income tax rate cut? >> there is nothing in the president's history that suggests he will not compromise. republicans, if they win the senate, there will b

in 2008, our digital director who is brilliant, reported directly to david plouffe. that was a huge shift. now not only has digital been elevated but it's not subservient to communications. it was called new media, because it was new. now it's not new anymore, so we call it digital. what is the difference between digital and communications? i don't know anymore. some point we'll stop -- having a digital director and becomesations director redundant and strange and uncomfortable depending on their sets. we will just end up in a place where this is just campaigning and includes online off-line actions and we blend it in a seamless way. d.c., findere in ways to get involved in campaigns that aren't -- if you campaigns, get off the hill and work on campaigns. hill experience is great. i started in senator durbin's constituent office in chicago. that was my first job in politics was opening the mail for senator durbin. it helped me a lot, actually. it was a really important experience for me but i didn't learn campaigns until i started working on campaigns. our nextgo to

. >>> remember this guy, david plouffe was the campaign manager that helped get president obama electedelected? well now he's greasing a different set of wheels. he's joining uber, the fancy taxi limo service as the senior vice president in charge of strategy. he's set to start in late september. he's going to help with politics. >>> speaking of politics, congressman charlie rangel gets a court date in his lawsuit against his colleagues who censured him. he claims the house failed to give him due process when they investigated him. and that's the news. >> sure is. texas governor rick perry gets booked on felony, quote, abuse of power charges and vows to fight them, thumbing his knows at criminal charges. anna kooiman joins us live with his firey speech. hey, anna. >> good morning to everyone. in clearing his innocence, governor rick perry greeted by cheers as he showed up at the travis county courthouse in austin, texas. turning himself in, he had his fingerprints and his mug shot taken. the governor is facing two felony charges of abuse of power. he was indicted by a grand jury last fr

david plouffe, presidential adviser is joining uber as senior vice president of policy and strategy.looking to use plouffe's campaign skills to gain entry into more cities, many of which have a powerful taxi lobby and strict regulations through which the company will have to maneuver. >> i thought he was going to be chief of staff? >> he's going into the private sector. >>> the "new york post." dozens of costume characters in new york city's times square held a rally on tuesday. >> oh, good lord. >> to fight for the ability to collect tips from tourists. the rally comes as police -- stop -- police continue to crack down following reports of aggressive -- >> i'm sorry. >> it is kind of funny. >> numerous characters have also been arrested for alleged assault -- >> harassment or groping. why don't we all say that's why they're laughing. you see people put on these dirty outfits and you think they're creeps. >> some of them are nice people. >> but when i saw all those -- i would never let my kids like in the middle of that. >> they're groping? >> it's a little hard, with due respect to

yesterday both of you wanted to talk uber and i said this is the richest thing i've ever seen, to see david plouffe going to make millions at uber. >> right. >> after being an anti- free market, anti- -- >> right. >> the journal didn't watch so here's one of the lead story op-ed pieces. plouffe for free markets. obama strategist discovers suddenly the virtues of capitalism, and says we couldn't have said it better. it's nice to see the man who helped elect the most anti-free market president since richard nixon now extolling the wonders of business competition. but when i tried to talk about it yesterday, you both looked at me like i was speaking some foreign language and had no idea the connection between those two things. and you see i'm not crazy. i'm not crazy. anyway, go ahead. >> as you said, i've written crazy things. so just because it's in the newspaper -- >> no i'm just telling you. do you know david -- yesterday i told you i get all this stuff from barack. what did it say, it said thanks, joe. joe, this that and -- now i'm convinced he doesn't watch. now. after reading that yesterday, if

. >>> and david plouffe taking charge of a new campaign against big tax interests.'s former campaign manager is joining uber. uber have angered taxi drivers and they say they need a campaign manager and he's their man. >> they got a good one. >> surprising move. >> isn't it? >> they all make interesting moves. >> usually they go to banks, think tanks. >> talk that robert gibbs would go to google. >> a lot of energy and tech. >> that's right. >> maybe that's where they go. >> thanks, christine. >> coming up next on "new day," attorney general eric holder heading to ferguson, missouri, today to look into the michael brown investigation. we're going to talk with holder's spokesman about the case and the attorney general's role. hey, i heard you guys can help me with frog protection? yeah, we help with fraud protection. we monitor every purchase every day and alert you if anything looks unusual. wow! you're really looking out for us. we are. and if there are unauthorized purchases on your discover card, you're never held responsible. just to be clear, you are saying "fr