ford corp to really build up a global alliance which also would strengthen the. industry but the specter of trans promised tariffs is still a cause for concern for germany's association of automotive manufacturers according to them additional tariffs would bring additional costs and therefore be a threat to germany's competitiveness on the u.s. market that's why they want the competition open to the people with the best product when. whether president trump will be persuaded to drop the twenty five percent levy he's threatened may depend entirely on the kind of impression the german c.e.o.'s left on him. gen smog hangs over the conference center in qatar beats the reason is coal coal is still being mined here today the industry employs around one hundred thousand people it's one of the most important industries in the polish region of sylvia. and you want to go and coal is our treasure if we didn't have it no one would have a job if the mine closes everyone would go out of business all the companies and shops. most of poland's electricity comes from climate damag

we are quite advanced negotiations in dialogue with ford corp to really build up the global. lliance which also would strengthen the american automotive industry that move with the folks build cars in ford's u.s. factories v.w. says it's also thinking about producing electric vehicles in the united states. german car both is scrambling to promise more investment and jobs in america for a president who described himself as a tariff man it's a sign that his strategy is working whether he'll be persuaded to drop the twenty five percent levy he's threatened may depend on the kind of impression that german c.e.o.'s left on him. well earlier come out spunk chief economist cramer was on the program and we asked him if this white house mean it meeting had made us terrorists less likely it helps that three german car that the german carmakers promised more investment in the united states but in the end needs to be reached by the u.s. and the european union commission i think we can change mr trump however i think it will be good that the european union follows a strategy of taking the

nine and for more on the impact we are joined by john grace president of investors advantage corp and henry ford which our friend the c.e.o. of stroll mark it john thanks for being here both of you thanks for being here john what happened in the u.s. stock markets were generally overall not good but explain. well it started out a good year two thousand and eight part and by the end of the year the s. and p. and the dow corning to yahoo finance rough about thirty seven percent their draw down did not stop there i believe it stopped around late march early april to a total decline for stocks of about fifty seven percent for two thousand and eight indeed in march march thirty first two thousand and nine and johnno better which were sort of the worst sector stocks hit. well it was a broad brush bart so it probably led with the financials given all the drama that you're just reporting on that we all remember so vividly i mean i happen to be a goldman sachs it was around november just before thanksgiving two thousand and eight and i will tell you coming out of a conference meeting a meeting in the con

later, the ambassador to supreme court e justice, connor stewart, founder of the peace corps, future president gerald ford, at harvard, the son of ambassador joseph kennedy, joseph kennedy junior the head of the chapter there. john kennedy send $100 donation telling the american first committee that what you are doing was so vital. in addition american newspapers were by and large opposed to intervention. the hearst newspaper chain in particular but also the chicago tribune which was a massive loudspeaker in the upper midwest. the new york daily news, deeply opposed to fdr and intervention, when averiation hero charles lindbergh became america first's chief spokesman, the organization's membership boomed to 800,000 members, the largest antiwar organization in american history. with lindbergh speaking american first rallies drew tens of thousands. they often had what we are recently seeing, a trump quality to them. they were raucous, a heavily anti-immigrant flavor to them. there was a lot of people who had highly reactionary and in many ways bigoted outlooks including pro-nazi views. sometimes they turned

president has a different personality and the press corps has its own personalities and personalities change. the judgment of history often -- and i think gerald ford used to say it and winston churchill as i think ron was saying earlier when we were back stage, that history -- you can't be judged until 30 or 40 or 50 years later. you know, think of harry truman. harry truman left the presidency in 1952, '53, with a job approval rating of 22%. one of the worst -- the lowest measure at that particular time. he is now considered one of the best five presidents or ten presidents depending on the list you see. so in retrospect looking at harry truman's presidency, he could have run for reelection in 1952, but chose not to because he was so unpopular. so he wasn't term limited out because it didn't apply to him when they changed the term limit law, but he didn't run because he was so unpopular, but history looks back and sees how did he do, he comes out pretty well. >> did you want to make a point? >> well, you know, ford -- ford, i think, was very unpopular with the press because he pardoned nixon and there was a lot of criticism of ford and he was pro

corps vets. but we did have a fine deal with general motors and also eventually with ford to get what they call brass hat cars. and i had been driving sports cars all my life. didn't have much else to my name, but it was like i drove down here in a porsche, and i had owned three or four porsches, and couldn't resist he temptation to get a corvette. because it was quite reasonable. and i must have owned a corvette about four months before i gave up and went back to porsches. >> bud you had to have the astronaut car? well, yes, i was aware that there was a certain image to project there. i didn't concentrate on it a lot. as a matter of fact, i've always been considered kind of a square guy when it comes to those kind of things. it's not because i wasn't aware of it, it just embarrassed notice act like it was you do. i just always felt a whole lot more comfortable with people realizing that you too can do that if you just paid the price along the way. >> the fact of the matter is, when you became an astronaut, when anybody became an astronaut back then, you were elevated to a much higher plane as far as

we are quite advanced negotiations in dialogue with ford corp to really build up the global.