from 2004-2014, gas trades, fake news, creating dissonance between different portions of society, ukraine continue to embrace international liberal order and when this happened in 2014, ukraine centering into a indication agreement with the european union and the trade agreement, to stop ukraine for moving forward and they still failed with the revolution of dignity. when they insisted on maintaining that, the $16 billion offers revised. it wasn't enough to stop ukraine from going forward with the association agreement and trade agreement. so unless we move other tools and things, a legal annexation and obligation of crimea, the war in the east, it led to tens of thousands of lives being lost, 2 million people displaced on the territory in europe. loss of an indigenous homeland. in four years tomorrow, the lost of 300 civilians. the anniversary is tomorrow. absolutely innocent civilians. every single tool. we had a cyber attack. a massive use of disinformation. the international community is looking at this as being a unique situation based on ukrainian-russian historic approaches. my poi

ratcheting up and down the war, of using the war to create more pain and more economic dissonance. for example, recently, the militaryf the russian in the sea, which are locked many ships from entering eastern blocked many hav ships from entering ukraine. the assassinations that have occurred in ukraine will continue to be a tool. bottom line is, destabilize ukraine and promote a more malleable leadership. ignoring these examples outside the united states creates grave consequences. therefore, i think they have to be used instead as lessons to be learned from. host: natalie, thank you, that was wonderful. i would like particularly thank you for bringing up the international liberal order. while eileen did not mention it, in a sense, your discussion of theing, was all about russians pulling at the vulnerabilities of the international liberal order. some very smart people have written that ultimately, advanced, civilized society depends on something called trust. everyone knows to depend upon the rule of law, but trust is -- law is required in the extreme instance, but trust is requi

oksana: i'm always here to bring some dissonance. i am going to kind of put this in a different light. went through a multi-year period of extraordinary accommodation from the fed. the message through that was don't fight the fed, if you are trying to stay away from the risk. the fed is not your friend anymore as a fixed income investor. all the investors that were espousing that mantra should now start to believe it on the other end, because that is the biggest issue for fixed income markets, treasuries, the reduction of the fed balance sheet. lisa: ok. taking that, let's take a look at a chart that i find fascinating showing the massive divergence between the long and short positions in the treasury market. you can see the divergence between the real money long and the speculative shorts have reached the widest since back leading up to the last financial crisis. joe, who is right here, the lawns or the shorts? believe 2.85 percent on a 10-year is not a bad entry point. the longs are more correct. we heard the fed for the first days

not trying to criticized disson or marconi, they did amazing things, but tesla did as well. these are few pictures of him as he ages. you get some sense of him. through the idealism the hogue he bring power to ann around the world freely. thought he would create robots that would eliminate drudgery. basically driven by inner forces that felt that sheer creation was the most important thing in the world, and i would argue that we all are the better for it. so thank you very much. [applause] >> we have time for just a few questions. if anybody has questions but tesla for our guest author. yep? >> hi. in your book it seems like outcome speak of his brilliance, but you mentioned any of his ex-sentriesties. >> he made a lot of mistakes. not long after the wright burglary flew their airplanes he ceremonies cannot make it. they're too heavy. said he zeppelin. >> tess la thought the split an atom and no energy came out so it's atomic power is bunk. won't work. he thought that cosmic rays could go faster than the speed of lying. so he got things right but my point was that his battin

hope that something new and exciting would rise in its place that sense of cognitive and emotional dissonance was perfectly captured by the on the ground music of the time produced by young nonconformist musicians in what was down the c.d.o. flooding what was it like to leave and make music in die period of cold full despair well to discuss that i'm now joined by john a stingray an american musician and an avid chronicler of the leningrad rock scene john it's so good to talk to you thank you very much for your time thank you for inviting me now you have a very interesting a very unusual and i think is a somewhat through mantic story you came to the soviet union for just one the week you called but it is big one of our biggest rock stars on his landline and he just showed you around is that how it all began that is how it all began a friend of mine her older sister was married to a russian emigre when he heard i was going to visit russia and he knew i was a rocker in los angeles he said you need to call boroscope inch cock he's the most famous underground rocker in russia he's like the bob dyl

i think it all comes down to you know what psychologists call cognitive dissonance right views of the world that flatter your worldview you just eat up like candy or french fries and just can't get enough of it and that's that's why fake news is so effective because if the world as you'd like to see it rather than it actually is today more than two thirds of americans get news on social media you think they spoke as a contributor to the polarization. but i don't think anyone had any notion that we would reach a level where to reach today which you have democracies that basically can't function but i mean kind of democracy in which you and i can agree on the ground truth values and realities if we don't have that then how do we form consensus around a policy goal how do we solve it it's not it's problems. information about those exist but the breadth of information that an average person today holds. the largest in history. he is a psychologist at stanford who did pathbreaking research on what you can tell about people from facebook likes we just look at the likes of people who actuall

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fake news on facebook like i think it all comes down to you know what psychologists call cognitive dissonance right views of the world that flatter your worldview you just eat up like candy or french fries and just can't get enough of it and that's that's why fake news is so effective because if the world as you'd like to see it rather than it actually is to. day more than two thirds of americans get news on social media you think they spoke as a contributor to the polarization you know ok but i don't think anyone had any notion that we would reach a level where to reach today which you have democracy is a basic you can't fuck with any kind of democracy in which you and i can agree on the ground truth values and realities if we don't have that then how do we form consensus around a policy goal how do we solve it decide its problems right. information about those exist but the breadth of information that an average person today holds is the largest in history because in ski is a psychologist at stanford did pathbreaking research on what you can tell about people from facebook likes we just loo

i think it all comes down to you know what psychologists call cognitive dissonance right views of the world that flatter your worldview you just eat up like candy or french fries and just can't get enough of it and that's that's why fake news is so effective because if the world as you like to see it rather than it actually is today more than two thirds of americans get news on social media do you think facebook is contributing to the polarization you know america. yes but i don't think anyone had any notion that we would reach a level where to reach today which you have democracy is a basic you can't fuck with any kind of democracy in which you and i can agree on the ground truth values and realities if we don't have that then how do we form consensus around a policy goal how do we solve it just like these problems. information about those exist but the breadth of information that an average person today holds is the largest in history because in ski is a psychologist at stanford who did pathbreaking research on what you can tell about people from facebook likes we just look at likes

growing hope that something new and exciting would rise in its place sons of cognitive and emotional dissonance was perfectly captured by the on the ground music of the time produced by young nonconformist musicians in what was the studio flooding what was it like to leave and make music. hopeful despair well to discuss that i'm now joined by john a stingray an american musician and an avid chronicler of the leningrad rock scene john it's so good to talk to you thank you very much for your time thank you for inviting me now you have a very interesting a very unusual and i think is a somewhat through mantic story you came to the soviet union for just one the week you called but it is big one of our biggest rock stars is blind and he just showed you around is that how it all began that is how it all began a friend of mine her older sister was married to a russian emigre and when he heard i was going to visit russia and he knew i was a rocker in los angeles he said you need to call off he's the most famous underground rocker in russia like the bob dylan of russia i didn't believe there was any roc

is there a bit of cognitive dissonance here given that it is the u.s. starting a trade war?> yeah. i agree. i think the basic notion there a tightening is on cap and the u.s. economy is solid. that is what you heard in the minutes. that keeps some interest in the dollar. tightening, i don't think the fed really sees the slowdown. they are tightening into a slowdown. some other banks have been hesitant around the world. we will see how this all adds up . generally speaking, you don't want to be tightening rates. that will become more apparent in the coming months as the industrial data starts to slip. haidi: thank you so much for joining us. from ecr i cofounder and chief operations officer there. around up of the stories you need to know to get your day going in today's edition of "daybreak." the friday in addition for bloomberg subscribers can go on their terminals. the clock is ticking. counting down to the tariffs, you can customize your settings and just get the news on the industries and assets that you care about. this is bloomberg. ♪ kathleen: i'm kathleen hays in new

that something new and exciting with the rise in its place that sons of cognitive and emotional dissonance was perfectly captured by the on the ground music of the time produced by young nonconformist musicians in what was down the studio flat in grab what was it like to leave and make music in da period hopeful despair well to discuss that i'm now joined by john a stingray an american musician and an avid chronicler of the leningrad rock scene john it's so good to talk to you thank you very much for your time thank you for inviting me now you have a very interesting a very unusual and i think is a somewhat through mantic story you came to the soviet union for just one the week you called but it was big one of our biggest rock stars on his landline and he just showed your around is that how it all began that is how it all began a friend of mine and her older sister was married to a russian emigre when. i heard i was going to visit russia and he knew i was a rocker in los angeles he said you need to call off he's the most famous underground rocker in russia like the bob dylan up russia i do

i think it all comes down to you know what psychologists call cognitive dissonance right views of the world.

this cognitive dissonance is being used to give them more power. is deeply confusing. if you ask what the largest car exporter from united face to china with which america runs a surplus, it is bmw and it makes it part in south carolina which is its largest production facility in the world. if you ask what blue-collar americans drive, the constituency trump is looking at, they drive compact cars imported from mexico and south korea. the sense of the car industry as an american industry is a figment of trump's imagination from a past period where it really was true that what was good for gm was good for the united states. that is no longer true. vonnie: where do we end up with all of this? president trump came last weekend talk about free trade and fair trade. what happens, does it take the midterms and beyond to see where both parties stand economically? >> it is an astonishing confusing picture running a multiple different speeds. renegotiations, the chinese-american standoff. scrambled bys an the internal confusion within the trump administration when you have the pr

there is cognitive dissonance in the way between cognitive -- between trade and tech.here is more interest in chinese technology because of just the reasons i said before and the quality of chinese engineering. at the same time, we are very angry about their tariffs and about a lot of issues that center more around old economy issues because, frankly, that is what our government seems to focus on for the most part. i do not think our government and president trump is totally ignorant about what is happening with tact. when they talk about the trade issues and national competitive issues, it sounds like they are talking about an economy of 25 years ago. emily: we're looking at president trump shaking hands with masayoshi son. selena, you have a story about peter teal possibly exploring investments in china which is a huge 184 him because he has been very disparaging of chinese technology and the startup community. what do we know? selina: the context of this is you have a trump ally seeking to do more investments in chinese the president is waging this trade war and esc

strzok has an unfaithful relationship with the truth and this is the greatest case of cognitive dissonance that i've ever seen. he is out of touch with reality and thinks only he knows what is right for america. the poster child of what we now know is a deep state thinking he knows better than we smelly trump supporters but it's he used a common tactic of the left launched into an attack of the extreme folks on tv. and i have a response just like yours truly. take a look. >> understand why people might think that, particularly on the misrepresentations of extreme folks in the media. folks in this body and elsewhere. i'm glad to be here publically and hearing that people are calling for the release of my private interview so that people can judge for themselves who i am and what i said and the facts. and not something that is being spun or misrepresented on a 10:00 talk show or other place. >> sean: if you don't like the reporting and the truth and the investigations, i have an invitation to mr. arrogant one. and you can bring your girlfriend, lisa page with you. we can do it right to my fa

in cement dissonant praise that up and.said better than i have done it be i thought of the yeti is it a dot so i live in one me put at an executive. authority undercounted snobbery appeared one hundred and gentlemen i did this on the some a couple hundred. was i really didn't know make up for. the celebrity is exact we come to was a policy of is that a side show the wolf is here government it is an issue we come tonight it is own is a magic tamale for them to resist don't listen to them tried it initially no collision prevailed. if she wanted. just as for the knob. in the men too. because of a love opportunity the deal a very difficult upper city every muslim make that she does some. division disunity don't mention it but of today's. top three. hundred be creating some top three inch abunimah ship. it up to some means on problem because i got my pack up. their victim. you so look to yell oh i feel mean i wanted it talk to a partnership but you can buy. a lot of traders only because you're physically a sissy government. serv

the truth -- unfaithful relationship with the truth and this is the greatest case of cognitive dissonance i've ever seen in my life. he's out of touch with reality and he thinks only he knows what is right for america. it couldn't be more obvious, the poster child of what we now know is a deep state thinking he knew better and knows better than the smelly trump supporters. but predictably in order to deflect he used an all too uncommon tactic to the left to launch an attack on to some of the "extreme folks on tv." >> i understand why people might think that, particularly based on misrepresentation of extreme folks in the media, conspiracy theorists, folks in this body and elsewhere. that's why i'm glad to be here today publicly and glad to hear that people are calling for the release of my private interview so people can judge for themselves who i am, what i said and the facts. and not something that is being spawned or misrepresented on some 10:00 talk show or other place. >> sean: if you don't like the reporting and the truth and investigations, i have an invitation to mr. arrogant one.

. >> i spent a lot of time with russian dissonants, russian journalists living in fear of vladimir putin. i came to the conclusion in 2007 that vladimir putin and the new russia were a ma leb lent force, we would have big problems with them. when i wrote the first book, it was a very successful novel. i got a lot of blow back on it. people thought you're being too hard on putin. i didn't get it wrong. i got it right. i'll say one other thing about four years ago i wrote a book that dealt with russian meddling in british politics. i didn't make it up completely out of whole cloth. i wrote about it because they were doing it in western europe. i guess i'm only surprised it took them so long to do it here in the aunts. >> as people make their way to a brick and mortar bookstore or electronic book seller, what we should know about their tactics and methods that may inform how we will take in the news of the day we'll get in purchasing this book. >> well, i wrote in this book a very old fashioned mole hunt. my hero, gabriel, the legendary head of israeli intelligence is looking for a russian

europe, try to jeopardize the position of angela merkel in germany, generate this kind of you know, dissonancee liberals classical liberals of europe. it's all happening. donald trump has never explained to americans why it's happening. every other president when he undertakes a policy that it's a departure from other presidents have done, they feel the responsibility to give a speech of some length or more than one speech to the american people saying you know, you may not understand why i'm doing this but let me take awhile to explain logically why it's happening. we have no idea why this is happening. >> michael beschloss, it's always a pleasure. some terrifying stuff these days, but it some day we'll go back to talk about u.s. history. how is that. >> look forward to it a lot. thank you, brian. have a great weekend. >> coming up for us, believe it or not, this is a week that started with a supreme court nomination. remember that? we'll look back at quite an extraordinary week of headlines when we come back. who says summer gets all the fun? not us. because southwest has $69 one-way sale fa

what kind of a cognitive dissonance do we have when that gentleman was arguing for adding the fourth story, which is as mr. pritchard mentioned is nothing but a crow's nest. it's less than 500 square feet, and what kind of a liveability would that be? so i just want to, you know, draw your attention to the fact that this building, if it was to be built as a three-story structure versus the four story structure, the difference is less than 500 square feet, commissioners. so if you're going to pass the four-story option, you're basically making the life of the surrounding neighbors a living hell, versus the three-story option which is only, the way that it's been drawn, less than 500 square feet from the three-story option. here, i have a proposal for you. why don't we add that 500 square feet by getting rid of the garage? i do remember it was only a year ago ago or 1 -- year ago or 1.5 years ago when you voted for 437 hoffman to get rid of the garage. president hillis, you were here when you actually spoke to that. get rid of the garage and just have the house as-is without adding ano

and their concern is that while there's been that dissonance for a year-and-a-half now under the president's administration, that those assurances that they hear from those senior national security officials mean less over time. they're concerned that the president feels emboldened somewhat to make decisions on his own, and he's shown that with the iran nuclear deal, for instance. with negotiations with north korea, where he has overruled his most senior national security advisers. in europe there is kernel do the same again with the national security issue, number one in the view of nato u.s. allies in europe, which is, of course, the threat from russia. >> is the president playing right into the hands of putin as a lot of his critics are suggesting? >> reporter: in his public comments, really, there's no question. i mean, president putin has one of his main goals has been to not just undermine the west, but undermine the nato alliance. and he's said so in public. just a year ago almost to the day, he said in a public forum, the following. he said the disputes over nato, do they help russia

. >> i also wrote a scintillating article on the operational dissonance of the unrelated business income it seemed to me that no one would read a romance novel by alan greenspan. >> seth: right. [ light laughter ] >> so, i came up with a second name. >> seth: seriously. by the way, it seems like if you were writing the tax one -- >> yes. >> seth: -- you wouldn't have time to write the suspenseful romance one. how did you multi task to get 'em both done? >> i'm very flexible in my writing style. >> seth: okay, gotcha. [ laughter ] i do want to ask about "rules of engagement." >> yes. >> seth: this is your first book? >> this is my very first book. >> seth: okay. and what was the inspiration for "rules of engagement"? >> my ex-boyfriend -- i read his dissertation. he's a chemical physicist. we were still friendly at the time he sent to me. we're still friendly now, too. i wanna be clear. but at the time, i read his dissertation and he had this interesting chemical and it became the premise of the book. what i decided to do was to make it a spy novel. but i remembered i was angry with him s

what do you make of this apparent dissonance, disagreement among those advising the president of theates? >> awell, i think when the nation's chief intelligence officer says the lights are blinking red, you need to take that seriously. and one wonders why kirstjen nielsen is trying to downplay the threat, especially given the slowness with which dhs has rolled out help to the states to protect this election cycle. >> greg brouwer, i want your reaction, as well. dan coates isn't the only senior administration official who has raised warning signs, sounded the alarm about what might happen in subsequent elections. what do you make of the disconnect we're seeing here? >> i hope the secretary did not intend to downplay the threat, because the threat is very real. i would refer to dan coates on this one. he is a very sober, very thoughtful digester of intelligence. and i think that if he is saying that the red warning lights are flashing, we need to pay attention to that. >> i'm going to get to you in just a sec, katie. one more question to greg on this topic. you were interfacing with co

this is dollar dissonance in your gpd library. the white line is the u.s.ollar index, relatively higher than the media forecast. now --happening right what's happening right now is p could see that bn this falling as 11% by the end of 2019. hold onto your hats. yvonne: let's take a look at how we are set up for asia so far. we are hoping to build on the optimism we saw friday. the index 50 up about .33%, futures pointing positive. we have the rba meeting on tuesday. nikkei futures are the other direction. the country next end line to talk about business sentiment in this hour and features flat at the moment. currencies, we're watching dollar weakness. the aussie is pretty much flat and the kiwi is seeing decent gains rebounding from the two-year low. we watch the offshore remnant be steady after tumbling more than 3% the last two weeks. we'll see if we see intervention. bond markets are pretty quiet, yields ticking higher. it closes at 286. president trump's weekend of oil diplomacy we will talk about later. commodities index up. polls are closing and mexic

there needs to be, you know, cognitive dissonance, whatever it is, just to help people be repaired. and the amount of money we're spending on prisons, we should be able to do that. that's my sense and that's what a lot of the states have done who have been able to get their criminal justice system right size and keep people out who aren't a threat so they're not in the system to begin with or not in that long and those that are in work on them so they come out better. but i think we need to really invest in that part of it, the mental health parts of it. i don't know, what is it, there's ten times the number of people or ten million more people -- i'm sorry, ten times the people in prison with mental illnesses beyond who are in mental institutions in this country because we don't fund them anymore. so, it gets back to what i was saying earlier, and i'll stop talking here. we overuse our criminal justice system for things it was never intended to do, whether it's the war on drugs -- there's criminal elements in the war on drugs that need to be dealt with, but not every part of it. we

yet the market only closed down 220 points blmpt kand i don't think there is a lot of dissonance theresconnect. the market has been living with this threat for four months. it is very hard to have something be front and center for that long as a potential negative and not have the market absorb it and try to quarantine those that will get in trouble from the tariffs. so stocks up three percent in four days. if you didn't know anything about the news you would say kind of what we expected. we were at a level. i'm not going to dismiss the threats if we get full blown aggression. to me it is all about emerging markets. >> there is not a hope of trying to get towards process. i think it is about the secondary effects. the dollar soars and we have a financial accident not the percentage -- is this getting more serious or are we going in a matter of hours going to look past this and get back to the fundamentals of why we have been rallying in the first place? >> we hope that is going to be the case because i think there has been a big disconnect with respect to what earnings and prices are d

for jefferson, it's dissonant noise that he can't stand. >> but there is this wonderful letter that jefferson writes on the eve of his death which -- where he says -- and in this sense, he's more right than adams. he said, the rights of man are becoming -- people all over the world are becoming more and more awere of the rights of man, and no longer will people be born with saddles on their back, with privilege running them. in other words, he foresees the democratization of france. he says it didn't happen now but eventually france will become a republican government, and of course in the long run he's right about that. >> well, that's a good question right there. >> so in that sense jefferson still lives. adams had no faith whatsoever that france would ever, ever become a democracy. and so in that sense, we have to -- >> i think there are interesting things they say to each other that we can appreciate now in a way that we might not have even 50 years ago, like adams and jefferson get into an argument and adams is much more skeptical, you're absolutely right. latin america is never going to

these trade measures before the market takes notice >> i think the market has sort of cognizant dissonanceant to recognize how bad the consequences to current policy could be and so there's a willingness to just ignore the worst case outcomes or the harsh outcomes and to say everything looks fine and we see it currently. we see earnings extremely strong as a result of the tax cuts. all the positive benefits we have been discounting or talking about since last fall or december are now passing through, and the market is following through. ultimately i think they're going to have to be basically confronted with cold-water in the face and see, wow, these imports are actually starting to drive up inflation and then have the federal reserve have to react. >> so just to play devil's advocate, so far what we have seen just represents a small chunk of the economy and the overall consumer price basket. washing machines are tiny. if we're talking about autos, that's something completely different. so an optimist would say that's a small fraction of the economy and that might actually bring countries

we have some communist dissonance going on in the american public's mind right now.ert mueller and his team coming out with this for small indictment of affiliates at the behest of prudent to medal in the 2016 election. neil: specific names and entities, these aren't made of entities. >> was a forensic analysis at a granular level of exactly how they did this. no one is questioning the veracity of what is in that indictment. i would recognize it as a speaking indictment laid out in perfect order just how they did it. on the other hand, president trump been played like a fiddle on the national stage and it's reprehensible. he is conflating not to answer these questions about the meddling. he is conflating collusion with the meddling. we are not getting through collusion, but president trump is dodging any question he can about the underlying meddling. it is pathetic really in a disgrace. neil: i had people come on the show. a number of conservatives or otherwise big supporters of the tax cuts, regulatory relief, singing we don't like what we saw today. what i have to

. >> yeah, there's a certain degree of cog nissant dissonance here where giuliani says trump did nothingusion, mueller is not biased. and trump wants to talk to mueller but because of this bias text message to this fbi agent two years ago, no, we can't have him talk to the mueller investigation. it doesn't make a lot of sense and when we look at historically these investigations can take years. >> joining us now is an attorney and former law protesser allen dershowitz who has a new book hitting shelves tomorrow. really appreciate it. >> thank you. >> let's start where michael steele left off and especially considering your argument in this book there is a case against impeaching the president. how can you possibly know that if you don't have a conclusion of this investigation? >> you can't know that, of course, but any good lawyer anticipates all the problems. your previous guest says a lawyer should wait until after the indictment to challenge the investigation. i wouldn't hire any lawyer who had that attitude or work with any lawyer who had that attitude. waiting until after the indict

so there is a dissonance with a lot of americans who say they are concerned about climate environmenthen they go to a dealership and purchase a car, their concerns are safety, if they can put their bikes or beer in the -- gear in the back, and climate change is not one of the top concerns. so you are definitely seeing competing interests there. host: next caller, flung florida. caller: hi, c-span, hello, america and your guest. 25ave the idea that will put to $30 per month in every , that is 100 50 million homes in the united states, $3 billion per month, $30 billion per year, back into nationwide. i know that climate change cannot be stopped, but america, you can slow it down. all you have to do, is go to your fuse box, opened the door, and where it says hot water heater, turn it off. 15 minutes before you take a shower, turn it on. 15 minutes after you are done, turn it off. when you get home and tonight, there is still hot water to take dishes.wer, or wash that will put $30 billion per year back in the economy, and it will slow the use of fuel into our power plants. host: ready you

will be used in china to unfairly target ethnic minorities or be used as a way to crack down on dissonant. staffung, elite cheerfully unaware of those kind of concerns. host: that courtesy of the "washington post." from is this story "political" magazine. google is building a city of the future in toronto. would anyone want to live there? it could be the coolest new city on the planet or be an orwellian metropolis. we the details at politico.com. back to your phone calls. michael from new york city. good morning. caller: good morning. it is against our privacy. but like her previous caller, i like your are you -- previous caller, wonder how you are dealing with -- host: madonna from indiana. you support this technology. why? caller: i certainly do. technology is available. this is the world we live in now. we cannot back up. and because it is available, people are going to use it. -- lawertainly enforcement should be able to use it. host: from michael, a tweet saying facial recognition software is used everyday at the incoming gates at the national airports here. from another viewer, peop