let's hear from our guest barry friedman. i would like to ask has been ona how often he patrol in the inner-city. these african communities are out of control. they don't have id. they don't have insurance. when you try to arrest them, they run. you are calling on the line for those who have had experience in law enforcement? writers andof these protesters night after night and nobody misses work? why do we put these people to work? educated?he where was the criminal educated. host: let's hear from our guest and -- guest. guest: i want to respond to the comment about the cops. factnot an excuse, it's a .id if you even people who been through testing are going to have had moments. it's inexcusable. it's a fact. my dear friend who runs the center for policing has looked at the social science. one thing they figured out is if you are in a police chase, by the time the top catches someone, they are ramped up. they should never be the person who cuffs person that they caught. can understanding of facts help us do a better job. in

this work and enacted enacted by 2016 by assemblywoman laura friedman and other steps that can reduce traffic and fatalities. and the traffic was comprised of 25 members representing government agencies, advocacy groups including representatives from arp, aaa, the california hawaii patrol and represented by the task force and represented on the advisory group in the room and at the table and incredible support provided for our staff and the work with the recommendations of the task force and speed limit is complicated and the team we worked with was integral to helping the task force development that recommendation. the final report which there is a link in the item that included

let's hear from our guest barry friedman.ld like to ask has been ona how often he patrol in the inner-city. these african communities are out of control. they don't have id. they don't have insurance. when you try to arrest them, they run. you are calling on the line for those who have had experience in law enforcement? writers andof these protesters night after night and nobody misses work? why do we put these people to work? educated?he where was the criminal educated. host: let's hear from our guest and -- guest. guest: i want to respond to the comment about the cops. factnot an excuse, it's a .id if you even people who been through testing are going to have had moments. it's inexcusable. it's a fact. my dear friend who runs the center for policing has looked at the social science. one thing they figured out is if you are in a police chase, by the time the top catches someone, they are ramped up. they should never be the person who cuffs person that they caught. can understanding of facts help us do a better job. in terms

wayne friedman found out they are trying to get back in business. >> reporter: it is the street where george lucas shot "american graffiti." fourth in san rafael. it is somewhat iconic and like a patient that's been ill it is recovering from the effects of covid-19. he moved furniture outside this morning awaiting customers. finally. >> if you are a straight up restaurant you are hurting right now. it is hard to make that. if you don't have outside dining it is not going happen at all. >> now it is. since covid-19 san rafael has gone out of its way to make resumption of business as easy as possible. if you own a store and need to conduct business you can do it in a sidewalk or a parking space out front. same for restaurants. all it takes is a simple permit. >> so you fill out your information online. you automatically have the permit. you don't have to come to a public counter or speak with anyone. you automatically have it for free. >> there is more to this than mechanics. eating outside has become symbolic. a waitress now recognizes how lonely she's been. >> after not working i real

was right except for this is not what milton friedman was talking about. the reality is there is no velocity of this money. the fed has no ability to create velocity. they haven't done it in japan in 25 years. this is a deflationary spiral because the government spending is out of control and it is compressing growth and forces yields down. the fed is distorting markets, the fed is doing other bad things and but it is not inflationary. we have to accept we're in a secular deflationary period where they're bidding risk assets up but against deflationary pressures. ultimately the real prescription for this is bigger private sector and smaller government sector. that is what will cure all these problems. in the meantime we're stuck with gary worried about one man controlling everything. charles: listen, we've been in this sort of deflation this, velocity death spiral, folks for over, several decades now. we just can't get money circulating in the economy for many reasons. you guys have been fantastic. please hold on with me. meanwhile, folks you've been watch

tom friedman, as usual, thanks very much.ahead we'll get more of the shocking accusations from the president's former national security adviser john bolton. also we'll take a closer look at how wearing masks and taking precautions to prevent the virus has become all of a sudden so political. i am in so much debt. sixty-two thousand seven hundred and ten dollars and thirty-one cents. sofi allowed me to refinance all of my loans to one low interest rate and an affordable monthly payment. and i just feel like there's an end in sight now and that my debt doesn't define me anymore. ♪ sofi is helping me get my money right. ♪ 100% online car buying. carvana's had a lot of firsts. sofi is helping me get my money right. car vending machines. and now, putting you in control of your financing. at carvana, get personalized terms, browse for cars that fit your budget, then customize your down payment and monthly payment. and these aren't made-up numbers. it's what you'll really pay, right down to the penny. whether you're shopping or just

the friedman's journal, first black newspaper published in america, and united states, in new york. 1829,walker's appeal, calling for slaves to fight for their freedom. lloyd garrison's the liberator. england, abolition having more success. keep that in mind. iss reflects english slavery well in the not cotyou can sees average price of a slave over the years before civil war. what does this chart show? booms and busts. maybe i don't know how to use this. whatever. happen in thenics world economy, the american economy. panics happen but slavery is there. the price of slaves growing, 1860, price of slaves is at an ?ll-time map. right there on the petersburg, between norfork on the north carolina border. here is a map, i'm not sure how well it appears, part to see. states, 1830, slave population. roughly, red are orange dots, the middle ones, southampton county, 50% slave. lots of slaves. virginia is the heart of slavery. cotton boom is happening, biggest plantations, which had been in south carolina will move to mississippi and alabama. mississippi more than alabama. louisiana and mississi

friedman's village on robert e lee's confiscated estate in arlington, housing about 100 amily homes. the village was known for their large populations of women, children and elderly frequent -- frequently depicted as dependents of the government. dependence contrasted ideas about citizenship, and refugees were regarded as a burden on the government and the military. government officials envisioned the camp as a temporary community, and hoped to make employment arrangements with white families in need of additional labor in the north. the communities, however, cultivated gardens, earned ages, built homes, sewed clothing and built a school for children and a hospital. when offered refuge from violence and exploitation, many free people made plans to work and develop land for themselves and their families. residents in the village felt they had created sustainable living conditions that allowed them to experience citizenship. contrastingly, just across the potomac between 12th and q streets, camp barker was comparatively different and looked more like a tent city, with higher mortality

as they became friedman and freed women. themselves they were very invested in truth telling. but because of the complications of speaking to southern whites who were not open or receptive to hearing those particular tails, other complications, ex slaves had to speak indirectly very often. so i kind of looked through the narratives and try to ex debate them looking for african american oral traditions. a tradition that is signifying. that is specifically a way of telling the truth but in a roundabout in direct kind of way. you have to read between the lines. very often in the ex slave narratives you will find evidence a figurative language that ex slaves used. you will see humor or indirection. all of these things all these interesting ways in which they spun their tails in order to very often communicate the truth of their own experience even when they were faced with a hostile audience. >> did you discover

another milton friedman quotation come he said only government can take perfectly good paper, perfectly good, coverage of perfectly good inc. and make the combination worthless. so how do you take the proposal in your paper and get to implementation? how do you get it done? what your ideas about how your proposals could be insulated effectively? >> i don't mean to suggest what about to say is easy, because there's probably the whole basement of the omb can be filled with studies to reform the government that have fallen by the wayside and fallen prey to bureaucratic interests and ultimately are in the dustbin of history. this is a hard problem and one that's requiring i think some of the fundamental rethinking. by and large problem is there's no single place where this intersection of national security and economic might exist. in fact, the people that are in each of these areas are by and large trained to think somewhat merely within their area. i do want to overstate this because they're some collaboration but i was on the national security council and all the national economic counci

. >>> tom friedman will be our guest. second hour of "squawk box" begins right now. >>> good morning and welcome back to "squawk box" right here on cnbc. i'm andrew ross sorkin along with becky quick and joe kernen. take a look at u.s. equity futures this tuesday morning we have green arrows across the board. show them to you as we speak dow jones looks like it would open up 175 points higher. s&p 500 up 17 points nasdaq 55 points higher. we have a big show for you this morning, including senator rick scott who will be speaking with us in just a minute. we'll talk to him as well as so many others. mohamed el erian of allianz. the ceo of sanofi. jeffrey canada will spend some time with us discussing these recent days and bob carter, toyota ceo and randall stephenson take a look at times square this morning. this is right outside the window where joe is you can see the hard rock right beyond where the nasdaq studio is boarded up on this tuesday morning. and very few people in the streets, joe >> very few, you're right, andr

the 14th amendment was clearly design and part, to protect the right of the friedman to have guns. right after the civil war, racist whites in the south were trying to take away black writes the freemen's right to have guns for personal protection. the framers of the 14th amendment said repeatedly that one of the purposes of the 14th amendment was to protect the friedman's right to bear arms. >> you have all these historical discussions over american history on the right to bear arms. what kind of gun control did our founding fathers have? what was their concept of where we would head with personal use and ownership of guns? >> the founding fathers barely believed in civilian ownership of firearms. they did not believe in a standing army. they thought it would be used correctly by the president or whoever was governing to run roughshod over the liberties of the people. again they thought that a guarantee of democratic liberty was in an armed populace. they believed in the citizens militia, the idea that when called out to serve, grab your gun and be prepared to fight in an instance

in lafayette, wayne friedman, abc7 news. >> bart is wrapping up service on its busiest line now that heading back to work. adding three trains to the morning and afternoon commute started today on the yellow line between pleasant hill and daly city. the trains are getting more and more crowded limiting social distances. >> last week seats started disappearing. people are now walking around and looking around trying to find a place to sit and no one wants to sit next to each other. so yeah we do need that extra train now. >> bart also announced started to be the dublin pleasanton station is clipper card only. the change will be a week from today. and one more >>> san francisco bay ferries say starting next monday service to richmond will resume. passengers required to wear masks. additional hand sanitizers available on all the vessels. the vessels will be cleaned frequently and undergo a full disinfectant fogging twice a week. service was suspended due to the pandemic. >>> soon you can get covid-19 alerts through google maps. it will update people when coronavirus is affecting public

ambassador to israel david friedman, have been working with netanyahu on the details of annexation.mi the stration calls annexation an israeli decision, but the two sides haven't yet agreed on how much israel will etnex. and today,yahu said he would continue talks with the hos. "in the coming days." the settlersupport annexation say the fear of a exaggerated.state is >> the american ambassador, david friedman, called it, that thopalestinians will turn i canadians. we all know how the border beeen the united states and canada looks. if that' is going to have with this palestinian entity, i think we're all willing to settle fo it. mayor of the efrat settlement, with a population over 10,000. he says the trump plan answe israel's security concerns. >> i've been assured tt t what presidump means is going to be an entity which won't have control over its borders.ve >> schifrin: palestinian leaders say that's not good enough, an call the plan "immoral." >> it's not a question of how much they will annex. itself.le issue is annexation you cannot be a little bit pregnant. you cannot be a smal

waves of protests are correctly targeting the commodification of blackness by the state brittany friedman a rocker's university professor told black agenda report we do not need the car still state to save us she went on because the car still stayed is the one that is killing us but where do we go from here with more than 10000 arrests by militarized police of largely nonviolent protesters and the indiscriminate use of beatings pepper spray rubber bullets and tear gas on peaceful crowds. in order for nonviolence to work your opponent must have a conscience stokely carmichael warned and if your opponent is bereft of a conscience and state violence is an evitable a met with counter-violence tyranny takes the place of reform the danger of widespread sectarian violence in america is now very real. joining me to discuss the protests that have erupted in over 140 american cities is glenn ford executive editor of black agenda report so glenn i i would think that you would argue that this has been a long time coming. this isn't the 1st horrific murder of a black man by police. how do you read the

abc7 news reporter wain friedman has the story of a nonprofit in the right place at the right time. >> reporter: a study a potential chaos contained by a chef's vision and organizational skills. >> my food is my calling card. >> reporter: chad and his partner marcus. in this time of covid-19, they're a catering company that has pivoted to take-home meals. >> we lost about $100,000 in business between march and april. >> we had all this inventory that we were supposed to make all this money, profit for us, right. that went out the door. >> reporter: and yet you'll notice their cooking. the eighth time they have donated their kills to a marin county nonprofit called extrafood.org. the founder saw a need. >> hunger breaks my heart. i wanted to do something about it. >> reporter: extra food actually began seven years ago based on a statistic that one in five people in marin county are hungry every day and that the amount of food wasted or thrown away from restaurants and grocery stores could feed them. the pandemic has made it worse. >> this is about justice. everybody in our community sh

department when i was a department of energy i called in my inspector general i said is name was great friedman what can we do to work together i don't want problems with you but you found some problems here and we worked together and he had by that be through his retirement party i'm not saying i'm the perfect example but you don't fire inspector generals with the coded 19 in the protests in the streets a we haven't had much attention paid for foreign involvement. what concern jew are around the world now well you know we have the united states with 110 deaths we have proportionately the greatest number of deaths of any country to deal with future pandemics in this cove we need international cooperation so what do we do which was a big mistake get out of the world health organization beat up on china ok china is partly responsible because they get a lot of information but we should be working together with the european union with the best scientists and researchers in the world and larry we're not doing that we're trashing everybody we're going it alone that doesn't work america should lead bu

the founder of rogue microphones peter friedman won the memorabilia at auction for $6 million and includesa package of guitar springs and some guitar picks, as well >> one of the most iconic concerts of the '90s >> well worth it >> everything about it sticks in my mind. all right. drake might be an award winning rapper, but he has new skills when it comes to his long game check out this,s toing a bean bag from that window right into the corn hole. little victories at this point we have to get our kicks in different ways >> way to do it when it is summer yeah janessa is going to tell us the forecast when we come back >> and we'll tell you all ou is father who has gone viral on youtube step up with boost mobile and stream all you want... or don't and be uncomfortably waiting. step up with boost mobile and take in the movie on your new "big screen" lg k51 or don't and run into your ex-boyfriend with the hat. step up with boost mobile's new upgraded network. stronger signal. faster speeds. more coverage. switch and get 4 lines for $25 per line, per month with unlimited data and 4 free lg k51 p

ambassador david friedman as well netanyahu tweeting that that he'd had these talks on the issue of israelis call it extending sovereignty to parts of the west bank and that the work is continuing and would continue in the coming days or perhaps a signal that nothing major may well be announced on the 1st day of a double to netanyahu to start making moves on an exception july the 1st as for benny gantz he again has been saying that the priorities should lie elsewhere in a t.v. interview he said the 1000000 people who'd be left unemployed during the coronavirus economic consequences and the problems that the pandemic had caused in that arena that they weren't worried about annexation and the government should commit itself to working on the economy netanyahu again saying that the government could handle both dealing with the coronavirus of the economic consequences while at the same time acting on other important matters namely or at least very broadly hinted at being an exception and so the 2 men are very much at odds. now lockdown measures are being reimposed across latin america as the reg

friedman said the government solution to the problem is usually as bad as the problem. skeptic about what government should do. what are some of the other ways you can which can have government and private sector to work together and preserve the free market incentives and guard against the cronyism and bureaucracy? mr. mccormick: i know that is a question that is both appropriate and one that i wrestled with and i don't have all the answers just to start with. if i go back to 2007-2008 time frame and i think about my experience then in negotiating through the guidelines with the chinaes and the point i'm making and i thought about our free market agenda, our investment policies and even our innovation policies and i look at the world as has evolved in the last decades but what is true we are in a whole new environment and whole new world. and i think having the wisdom to test ideological thresholds is necessary to be able to be effective and compete in this new world. i turn the question around a little bit and say, there is a world where technology leadership is givin

friedman, first explain for us what the policing project is all about. based on a premise that has escaped a lot of folks about the issue of policing reform, which is that we talk all the time about accountability. there are two different types of accountability in government. in most of government, we focus other.and policing the

also, the policing project's barry friedman talks about his role in changing police in camden, new jersey, and the effectiveness of community policing. watch c-span's "washington journal," live at 7:00 eastern saturday morning. join the discussion with your phone calls, facebook comments, text messages, and tweets. "q&a," and lena conus, author of "vaccine nation" on the lessons the polio vaccine in the 50's can teach us about a covid-19 vaccine. >> we will face distribution problems. we will face problems of equity. even if we have enough vaccines for everybody, there will be those who have the privilege to say "i'm not comfortable getting it until 5 million people have been vaccinated." then there will be those who say "i have to get vaccinated because i have to go to work and make sure i'm safe and can provide for my family." i guarantee that we will see problems of equity. historians aren't supposed to guarantee anything about the future, but this is one thing i feel concerned about. >> watch sunday night at 8:00 q&a."astern on "cu -- earlier today, nancy pelosi held her briefing at t

and milton friedman. this was with left-wing labor party mayor. so there are some other things like that that has to be front and center it really has to be front and center it's a very big chunk of the economy and this is creating jobs yes we have to do something that i don't want to make fun of it but that was the economy. >> it has been a running jump on - - a running joke that infrastructure never happened we had two dams first in michigan displacing tens of thousands of people. apart from creating a new greener infrastructure and existing infrastructure and for people employed a lot of the people from the new deal will not be around. and to put on your own campaign advisors. giving continued loss of jobs in the call sector with the swing states with a creative opportunity staring you in the face. >> so really to be on the decline for a long time because energy demand is really low. and those that pay close attention so that starting to creep back up and then treating that negative which is historically unheard-of. and people being optimistic

waves of protests are correctly targeting the commodification of blackness by the state brittany friedman a rocker's university professor told black agenda report we do not need the car still state to save us she went on because the car still state is the one that is killing us but where do we go from here with more than 10000 arrests by militarized police of largely nonviolent protesters and the indiscriminate use of beatings pepper spray.

more importantly is what's happening on the american front the american ambassador to israel david friedman is now back here along with the point man berkovitz on the israeli palestinian issue and this comes after a few days of talks in washington where we're told by u.s. officials that no decision had been reached on exactly what the u.s. was prepared to greenlight and they say that talks will continue through the beginning of next week. harry forces reporting live there from wester a slim area many thanks. iraqi security forces a brigida base belonging to iran backed militia group at least 14 members. were detained including commanders 10 rockets rule so seized members of the group of them are doing release sort of full team has the latest from baghdad. well we have now a statement an official statement from the government specifically from the iraqi joint operations command summarizing what happened last night when iraqi security forces raided a base belonging to the type has bought out a statement confirms that 14 individuals where arrested during the raid and several rockets were seize

ambassador to israel david friedman deciding exactly what the u.s.policy is going to be in terms of green lighting or not perhaps more to the point how much it will greenlight in terms of annexation under the terms of his coalition deal with his former rival now defense minister benny gantz netanyahu does have the ability to bring an exception to the cabinet for approval for government approval and or to the israeli parliament the knesset from the 1st of july so he can start advancing his plan from that point onwards there have been reports that the united states wants to see consensus between him and his partner dance dance his own position in the run up to all this has been pretty murky he's talked about being against unilateral annexation in the past he's talked about trying to include the international community importantly as been talking about the importance of jordan and its relationship with israel not wanting to jeopardize the peace treaty but in the last day a lot of the uncertainty seems to be clearing around guns his position he gave a pr

i would quote milton friedman who said, nothing is so permanent as a temporary government program.merica is going to become addicted to the fed providing support. what i think it means is that corporations will take greater risk. that if you don't have a highly levered balance sheet relative to your competitors, your equity returns will be punished during business expansions. so pressures will be on ceos to continue to increase the amount of leverage, especially when the fed has a policy of maintaining low rates for an extended time. ultimately, is there a day of reckoning? i think that the federal reserve will be faced with the challenge of whether they allow a day of reckoning or whether they basically decide that they just have to continue to provide liquidity to the system until inflation rates pick up to levels that probably would be viewed as unacceptable by most participants in the fed today. >> we've seen record amounts of borrowing from corporations. at the same time, if you look at downgrades, it is happening at a faster pace than we have seen in a decade. how do we pair

but some executives dead and today bill on - - blame it on milton friedman but just of the agreed of unrestricted capitalism were unleashed capitalism where why should you think of anybody else if you don't have to and that has become the mantra eyeing courage when jamie dimon says that he says many things that i like but i only thing to his credit was one of the first big operations that they did raise their pay including food service and custodial staff at $15 keep in mind a lot of companies contract out here is our average pay but then a contract out custodial and food service the janitorial they say i know i contract will if you sign the contract it really is holding them and i am glad they are saying that stakeholder capitalism it would change the country if they really believed to be environmentally responsible to workers and responsible to the communities. those comments don't slow down the lobbying efforts to get more so we will see but i don't count on them to do what i thank you make them do it. >> your point about contract workers make me think about the gig economy and th

that people can go, but i think they will have a higher order of responsibility the cd of millton friedmanareholders are not the only stake hold stakeholders, i don't think that is a particularly a civil unrest there are voices speaking up in analog time marching, talking, and discussing and it seems like they're not doing anything they need to engage in the discussion jeff besos said i don't care, i don't want this customer we have to have discussions with our leaders in realtime who have a sense of what is happening in the world at large and i think eventually it will hurt them maybe not today but it will eventually >> do you think zuckerberg has zero sensitivity to employees walking off of the job or doing virtual walkouts or opening open letters in criticism of management >> i think he is very sensitive to that. there was a lot of convincing argumenting from employees internally i think that probably shook him up quite a bit his first move is that american could not scale, that is their first idiotic move that drives me crazy i think he cares a great deal what his employees think it ha

jonathan: thomas friedman, thank you very much for joining us. the former cdc director.m keene, wear a mask, wash your hands, watch your distance. phase two, it is going to be interesting to see how each individual state tries to control travel. quite clearly the epicenter going back a few months was new york. now the epicenter for recent outbreaks are elsewhere. i think it is going to be the story to watch in the next couple of weeks. tom: what i have learned is that i have no idea how to do sporting events. i just think it is done. we are getting into college football season. i don't see how those events happen. jonathan: you keep bringing up sport. why can't we play baseball? tom: i think you saw it with the english premier league this weekend. the noise in the stadium and all. baseball could do the same thing. american sports compared to english football has dropped the ball. jonathan: it is a noncontact sport. you would think that would be something we can do. why can't we do it with baseball as well? lisa: i am not an expert on baseball, but from what i have read,

antalked to roman friedman hour or two ago.matters is what to do with your money, and benjamin mandel of j.p. morgan asset management is going to tell us right now because he is focused on the international markets. move,e seen a great tech as jonathan ferro mencius. -- as jonathan ferro mentions. when do we get a shift to true international growth stocks? benjamin: international diversification may finally have its day. we have been saying that for some time. the argument has been threefold. one, valuations in equity markets outside the u.s. are more compelling. it is hard because they underperformed the u.s. market for several years. wo, the dollar is expensive, as you were mentioning. that is poised to, at some point in the long term, go back to levels consistent with ppp. i think the problem with saying that in light cycle, as we were until very recently, is that is a tough argument because as you roll into the recession, u.s. equities tend to outperform in the dollar just gets stronger. over the last few months, you are op

and today, blame it on milton friedman, but more, blame it on just the greed of unrestricted capitalism, unleashed capital i'm, where, why should you think about anybody else when you don't have to? and that is the mantra of corporate america. and i am encouraged when i have seen jamie diamond, one of the first big operations that did -- raised their pay, including the food service, and custodial staff to $15. keep in mind, lots of companies contract out -- we say, here is the average pay and they contract out food service to other companies and you ask, how much are they paid? i don't know. i contract with them. if you sign the contract with them, you can figure that out easily. it is really holding them -- i'm glad they are saying that, stake holder capitalism. it would change the country if they were responsible to the workers and the communities. it doesn't slow down -- the comments don't slow down the lobbying efforts to get more. so we will see. but i don't count on them to -- i think you make them do it. >> yeah, your point about contract workers makes me think about the gig econ

wayne friedman looked into some of the changes that we'll see in a covid-19 environment. >> reporter: hair, it's about time, it has been months since many of us had a coloring or cut or styling. salons are finally opening in california but not like you remember them. first when you walk in, they'll take your temperature, they'll insist you wear a mask and before you get here, you'll need to take a wellness questionnaire online. >> this takes it to another leand proakeur tha we a following on an everyday basis with every single guest. >> reporter: emma moore owns brush salon in healdsburg.heald. nothing is solid yet but she says this industry is ready made for covid-19. >> our foundation is in sanitation and disinfection. >> reporter: here in brush they normally have 12 chairs operating at any one time, not anymore. they'll have seven, every customer social distanced by six feet. getting your hair shampooed is one of the more memorable and luxurious experiences. that's going to change, too. you see the sinks are not six feet apart? they won't ever be, too hard to move them but you can

here is the headline, here is the photo, and here is the reporting from lisa friedman of the "new yorkimes." we quote -- baiting grizzly bears with donuts soaked in bacon grease, using spotlights to, hunting methods that for years were decried by wildlife protecters and finally banned as barbaric by the obama administration will be legal again on millions of acres of alaskan wilderness. in time for the warm july weather. national park service policy published the new rules on tuesday, reversing obama administration rules and giving trophy hunters 30 days to prepare to return to national preserves in alaska with the revived practices. among the reinstated tactics, killing wolves and coyotes, including pups, during the season when moms wean their young and using dogs to hunt bear. article points out this is a issue championed by president's son don junior, recently auctioned off a week-long dream hunt through the wilds of alaska. that's tonight's reminder that elections have consequences. that's also our broadcast for this wednesday evening. thanks for being here with us. on behalf of al

corporations were shifting the way they operated and emphasis on shareholders, following what milton friedman they were also investing heavily in rolling back regulations, changing tech structures -- tax structures, and moving corporate interests into the center of legal thinking, jurisprudence, and legislation. between the two things operating together for 50 years, that is how you get a citizens united. i would love to rest all of the problems on the one decision, but it took a lot of work to get to that decision. david: thank you so much, abigail. really appreciate you being with us. lewis powell ended up being a supreme court justice and i ended up clerking for him. this is bloomberg. ♪ of poweris is balance television and radio. i'm david weston. much of her spent career at the center of power in washington, serving as the special assistant to hillary clinton and the social secretary in the clinton white house. then, cheapo protocol for president barack obama. she have written about it in a brand-new book called protocol, the power of diplomacy and how to make it work for you. butratulat

how does legal mcconnell respond to that charge friedman and family lawyer said is bill is a nonstarter. civil rights groups. who have been the noble guardians of these issues for generations, and want nothing more than to see meaningful legislation, are urging the senate to reject the republicans proposal. they see this bill for the field and cynical ploy that it is. their opposition the speak louder than almost any other. how does america believe when it comes to dealing with these issues. leader mcconnell this seems to be new tohe these issues for the civil rights groups who have been fighting for change for decades. who does america believe. wera democrats are certain that the plan cannot result in any legislation passing. it is clear the republican bill as as will not get 60 votes. there is overwhelming opposition the vilna carcass. and because the bill being such large-scale fundamental change, there is no t conceivable way te series of memos strong enough to kill the bill, could garnish those moses well either no bill will pass as a result of this ploy by senator mcconnell. the r

tom: i want to go to your work with goldman sachs, and before that with friedman. with your expertise in mortgage-backed securities, lot of rents aren't being paid. a lot of commercial real estate of every grade isn't going to work out. and there's all the loans and fancy derivative instruments off the back of that. are you troubled at all by a pending real estate crisis in the nation because rents are not being paid? mike: i would say that the residential picture is going to be 100% correlated to the job picture. so if we expect to continue to get america back to work and we can drive the true unemployment rate below 10%, we're likely not to have a housing market issue, whether on the price issue or whether on the rent issue. and so i think in terms of housing, we don't have oversupply like we had oversupply in 2007, and we don't have too much leverage in the system. wee kind of fixed the very, very high loan situation, the interest-only loan situation. we don't have borrowers that are leverages. we're really going to be dependent upon jobs. i think if we continue

you get the friedman bureau to school to come in after the civil war black folks are already creatingr own schools but with the debt the poverty you've got this massive imbalance between the number of teachers who can teach and the number of students henry for that education. you systematically underfund black schools so by the time you get to the literacy test, let me talk about in the 1940s. remember the mississippi plan is the 1890s. they already got this thing worked out. 50 years later in the u.s. is getting ready to go fight nazis. the percentage of african-americans, over 50% of african-americans in mississippi, alabama, georgia, louisiana, and south carolina had less than five years of formal jim crow education. more than 50% of black adults in those states have less than five years of formal jim crow education. deliberately. we then put the constitution in front of them and say, read it and interpret it. and again, the u.s. supreme court says because everybody has to read it and interpret it, it doesn't violate the 15th amendment. so by the time we get to 1940 only three perc

tom friedman had to say about the hold that coronavirus has taken on the united states as a whole. >>re's no doubt we're doing more testing. our hospitals are better prepared. but there's also no doubt that the virus has the upper hand. this virus is not going to go away on its own. we have to stop it. only we can do that by working together. we're all sick and tired of staying home. but you know what? the virus is not tired of making us sick. >> so if there is no national plan, what do states -- 32 states now who are looking at an uptick. those 32 states need to be considering what at this jumping you're the? -- juncture? >> there's evidence those states in the u.s. that had marked recommendations but not actual requirement suave an increase in covid-19 cases of 84% over the last two weeks. compare that to 11 states that have actual mask mandate. it is a simple public health intervention, recommend, require actually that people wear the mask. don't politicize mask wearing and think really carefully about capacity for health care systems. bearing in mind even anyone watching this thin

leaders to throw out their playbook and startfresh, to get over, put a il in the coffin of the milton friedman ideology that corporations' only purpose is to make money for shareholders we he to have our policymakers and our political system respond to the people who are in the streets. i am inspired by the protesters. the peaceful protesters who simply want to live in fair society. that is not too much to ask. and the time has come for america to save itself,to save our democracy. >> woodruff: ava duvernay, what would you ousay this question of who do we look to for leadershir and the otestion i have for you is what do you say to the young african arican b or girl who is sitting there right now, maybe-- maybe with a white friend, both of them fearful about the fture? >> we've learned from our american history that leadership with one leader put on a every black leader that has risen through the american media apparatus has been killed or exiled, and a distributed leadership m is the most healthy and most productive in that there is no one place to pinpoint the scorn of the system. i would tel