said bert which one is doing child care and helping to keep as you say these tiny prisoners general dynamics would need to be near the bed lest their defense contractor for christ's sake i mean come on there's got to be better folks committed to protecting children the defense contractors let's put that aside for now bill let's look at overall how does immigration essentially impact our economy and well there are two kinds of migrants right there are people that are fleeing dire war and dangerous situations in their home home country asylum seekers then there are economic migrants and we have to see these people as representing the flow of labor to where it's in demand and we hear this myth often that migrants depress wages or that they take jobs away from people here in the united states who would have them and actually in two thousand and sixteen or seventeen the federal reserve bank of st louis looked at this question and compared data from the states of washington alaska and arizona and found that the number of foreign born workers did not coralie in any way with wages or unemployment me

said bert which one is doing child care and helping to keep as you say these tiny prisoners general dynamics would need to be near the bed lest their defense contractor for christ's sake i mean come on there's got to be better folks committed to protecting children the defense contractors let's put that aside for now bill let's look at overall how does immigration essentially impact our economy well there are two kinds of migrants right there are. people that are fleeing dire war and dangerous if you are in their home home country asylum seekers then there are economic migrants and we have to see these people as representing the flow of labor to where it's in demand and we hear this myth often that migrants depress wages or that they take jobs away from people here in the united states who would have them and actually in two thousand and sixteen or seventeen the federal reserve bank of st louis looked at this question and compared data from the states of washington alaska and arizona and found that the number of foreign born workers did not coralie in any way with wages or unemployment meani

with the administration deserves to suffer to some extent they need to feel the heat what did general dynamicswe asked that did not tell us about the contract we discovered but said generally general dynamics information technology provide the support to unaccompanied minors through the office of refugee resettlement like case work support services to ensure special needs of children will met including medical requirements and facilitate family reunification after children are under the care of health and human services. general dynamics information technology has no role to play in the families separation policy nor a role in the construction or operation of detention facilities now, i can tell you i asked shannon about this today, the activist out there criticizing general dynamics and other companies. she told ame any company at all working with the trump administration in any capacity as a federal contractor should be subject to criticism and boycott efforts, and companies working with contractors for nasa or agricultural policy because she opposes the trump administration to such a degree

and then to become the ceo of general dynamics arguably the mostul successful of all the astronauts and their post and to be better than success is how much they continue to like each other. and joke to this day. and it is something that i reveled in. >> and also the way that you write it iss astonishingly vital with the dark and light side you would swear we were ck in 1968 and on the ship that is the kind of write stuff. >> this is one of the smallest most exclusive clubs, anywhere of any type. with those who have met with that exclusive fraternity. and these guys climbed on 365-foot tall rocket and willing to go to the moon. he had wives and children at home.f us could not contemplate. and looked almost as if i was speaking another language and then to say i don't think that way. so in a certain way they are wired very differently because who else goes through with that mission? the other hand that they are so much like the rest of us that that is something i wasn't expecting i saw on several pedestals to spend ten or 20 minutes sitting next to someone that is just as important. >> a

. >> caller: calling about general dynamics >> private planes are bad and the world is turned off bynything ever since korea anything defense urge you to stick with it. but this group is in a -- market. >> caller: we have made a lot of money off your advice. so thank you very much my question today is first solar, a solar manufacture here in the u.s. along with in conjunction with sun power which installs and done maintenance on solar power, just bought out 8.3. which is a sales how do you feel that it is going to benefit. >> i would say that first solar is a company that has been downgraded and upgraded so many times, it is beyond the kin of this particular guy. cheap guy but way too much politics involved in that industry right now ge is a tragedy but a financial tragedy. i can't say we are at the bottom much more "mad money" ahead. more with ceo of william sonoma. i am telling you what to make of intuit versus h&r block and up to 50 million americans have food food allergies i am talking to one company trying to do something about it. stick with cramer. hi, i'm joan lunden with a

what's indicated of these records that we looked at is there are contracts between groups like general dynamics and the office of refugee or o.r.r., that's the branch of the department of health and human services, it shows that this is actually something that's quite lucrative for the largest and most powerful company of the united states. >> we heard from michael steele, he used tough language on the president's policies. listen to this. >> i call this a concentration camp the for kids, that's what it is turning out to. when you give kids 22 hours of lock up time and two hours of areal time, what else can it be? if this is where this country is going, the american people need to wake up and pay attention because your kids could be next. >> how does a gop answer to that sort of comparison and from a member of its own party. >> no mentioning holocaust or politics, it never works out well for anybody and it is just wrong. yes, michael steele is using strong language, he should. there are a lot of republicans who are concerned of what's happening down there and where this party is going. this par

aerospace and defense stocks falling at this hour including the names of raytheon, aerojet, general dynamics, lockheed martin, the usual suspects moving lower. 1 1/2 in the case of cradle's defense, down 3%. the other movers on wall street, twitter hitting a three-year high after analysts at jpmorgan boosted their price target on the stock to $560 from 39 cents per share. that can't be right. there's an extra o in there. the highest price target on twitter, the stock up 4.5%. investors celebrating a brand-new member of the s&p 500. twitter the best performer on the index. good day for twitter. >>> jpmorgan giving a boost to weight watchers, after the bank initiated the stock with a $500 price target saying it'se to s watchingrom the sidelines. weight watchers up 4.5%. >>> and amazon sends a shiver down retailers' spines, in the case of sears, jumping at this hour after the retailer is expanding partnership with amazon. if you can't beat them, join them, to 118 auto centers. people can buy tires online and take them to centers to install them. >>> t-minus one hour away on a decision that coul

you have defense contractors like general dynamics making their presence felt. how potentially dangerous is it for defense contractors to be tasked with operating private prisons? especially detention centers that have kids in them? some toddlers, babies? >> yeah. i mean, i think we should always be concerned when we see this very -- this mix of money, government, politics, and a lack of supervision that comes simply with the speed at which people need to move. we know this entire implementation has been chaotic. government components came together last night for a long meeting at the white house to try to figure out what to do and how to implement this fast-changing executive order. and so, of course, we know that in business, on the margins as people rush to cash in, they will not be supervised and they will probably not be scrutinized in the way they should be as they build the facilities. >> all right. katie, extraordinary piece. appreciate you covering it. katie benner of the new york times. >>> when we come back, we're talking president trump. remember, he

johnson & johnson, general dynamics take a listen. >> a lot of wins i have more. i just don't have time it was that sort of quarter for us. >> so mark hurd trying to send a confident tone on the quarter. we should mention they change how they report here a bit they used to have a separate cloud revenue number now cloud services they combine that with software support. one analyst was on the call and asked, are you trying to hide some potential cloud business weakness the ceo saying there is no hiding we're at where we said we would be strong cloud billings. strong margins this is the better what i to understand the business. she did, though, get disappointing news on eps, she got it from 67 to 69 cents the street was at 72 >> guys, what's the trade? >> can you say oracle is interesting on valuation but the guide wasn't good. in my penalties, you see the is that correct that oracle continues to lose the sales hurd nobody had a stop watch on him my point is this, sales force wins, oracle seems to be losing. at a certain point it becomes compelling on valuation. >> d

what we found in going through public job post some things that two companies, general dynamics, which is a huge defense contractor and mvm, well known for its contracting with the intelligence community, both seemed to be pushing aggressive for more people to work with them because of contracts that they have with the office of refugee resettlement doing child care work. some of the job postings are calling for the theme have experience working with young children who are able to transport children and play with children. they are asking for people to come and work with them, these defense contractors doing child care work on behalf of the office of ref screw resettlement and the american people. mvm in one of the job postings expects to get a new contract with the office of refugee resettlement. we don't know behind the scenes what kind of conversations are going on or the extent to which the refugee resettlement is looking to rely more and more on the contractors and based on what's out in the open and what we found it certainly appears that the office of refugee settlement is the i

that would be general dynamics so that project is being looked at and the performance has been a longstanding issue on that. the other one was the rbi instrument which is a weather satellite sensor. that one was proposed for termination. that was harris corporation and form formally excelus and they have to really investigate the situation. >> okay. thank you. miss martin, in your testimony you made a couple of really good suggestion, i thought, to try to avoid the too big to fail syndrome. what are some other ways we can hold contractors accountable? we have the watch list and what are some other things that we can do to keep projects on time and on budget? >> one limit what you're doing here today is an oversight hearing and the proposed hearing several weeks from now to focus on the issue specific to jwst. i think aggressive oversight by gao and the ig's office is important and the general sense that folks need to be held accountable for this human failure and we all fail and there are human mistakes in the projects such as improper use of the solvent on the jwst by north run grumman by bo

general dynamics that contract with the pentagon and the intelligence community are part of this work. >> i understand we have fixed katy's microphone and i think you're back with us. you were talking through what you saw and i want to turn it over to you to fill us in. >> this is a facility that is for teenagers both girls and boys between the ages of 13 and 17. they both are in the facility but kept separate at all times. so they do not dine together, they do not sleep in the same dorm floors together. they're kept very separate. this facility does appear to be very orderly, very structured. every child inside has a badge around their neck that has a barcode and when they enter and exit any building on the premises, whether that's the dining hall or the school classrooms or the recreation areas, they are scanned by personnel inside to now exactly where every child is at every time. they are also given sort of uniforms, jeans and t-shirts so they're all dressed alike and they all march in orderly lines. so it is a very organized, very structured facility. there are more than 1100 chi

got new lows, industrials hitting new lows because of the tariffs here general dynamics and general electricany related to tariff issues. there's a value -- value stocks are things like oil stocks and industrial stocks, heavy volume, european etfs with heavy volume, emerging markets on, and then there's the global auto. that's at a new low for the year what's that? etf with the autos in the world. you heard with daimler today >> absolutely right. you mentioned higher volume. if you are looking for one, yes, down, but less than europe was, down less than asia today and week to date there's the bell down 196 points on the dow so, yes, best part of 1% just off the lows of the day nasdaq is down a similar amount. s&p down, and ringing the bell here at the new york stock exchange, lithium america, and i3 at the nasdaq. that's all for the first hour of the "closing bell. >>> thank you, welcome, everybody, i'm kelly evans, dow sliding for the eighth straight day in a a row, droppi inping 20 points on the bell closing down .8%, a drop to 24462, and nasdaq with a similar hit today, all the way back d

general dynamics not picking that one up. we see this group in particular pulling back some. back to you, neil. neil: thank you, nicole. thank you very much. as nicole was talking rifling through some issues whether a trade deal is a hand or close to one, i'm sorry, military deal, peace deal, whatever you want to call it, security deal with the north koreans, if all sudden now you're talking about cutting back on joint military exercises with the south koreans, notingly defense and related issues go down. uncanny how that goes. market watchers keith fitz-gerald and david johnson all that. what do you think the markets are telling us post this initial talks stage? >> essentially it is reiterating the fact something like north korea and nuclear conflict is what we call a tail risk. it is highly unlikely yet severe type situation and markets can't respond to it. they don't drop when they worry about nuclear war, how do you price something like that. consequently, neil, they can't rally on word of things potentially starting to look better. the markets have to price ty o fundamen

boeing, general dynamics, they are in the aerospace business, very exposed to concerns. apparel makers down across the board again on these specific concerns. yvonne: and su, the big sigh of relief for investors is the largest u.s. banks. they all cleared the first round of fed stress tests. su: we are seeing a lot of them them. you could see a relief rally tomorrow. let's go right to the after-hours chart. again, all of the 30 plus banks passed. it is the third straight year. the fed said all of these banks could survive an economic downturn. goldman trailed its peers on leverage. they are going to send the fed some kind of a hey, take a closer look at this or that. seeingstanley also grades -- that the fed's does not reflect their numbers. ratio, youto book are looking at u.s. stocks. these are s&p 500 banks. broadly positive for regional and mega banks is the easiest way to look at this. that is a positive indicator moving forward. many analysts expect to see a pop in the banks. yvonne: we have talked about opec as well. that leaving hours away as ministers gather in

>> one is for the sgs project that would be general dynamics and that's being looked at, performance on strewments which is a weather satellite for determination in more extreme cases and ultimately like nasa's decision and have to see it. >> try to avoid the too big to fail syndrome. >> what are other things you're doing on time and on budget? >> one is the oversight. one is the focus on issues specific to jwst and jao and iga is important and just a general sense that folks need to be held accountable for human failure and we all fail but there's avoidable human mistakes on some of these projects. for instance, the improper use of solvent on the jwst. inadequate welding on sls core stage by the boeing is the prime contractor and we have individual avoidable mistakes and we have issues where our international partnerships which are key to the future of nasa. 14 months blind schedule and that impacts. it is very unlikely that nasa's going to see a significant increase of 25% any time soon. it's not the nature of their spending and various constraints in the agency and fortunate to ha

chaplain: one is general dynamics. that project is being looked at. performance has been a long standing issue on that. the other one was the r.b.i. instrument, which is a weather satellite sensor that was proposed for termination. that was harris corporation. those are the more extreme cases. but it is nasa's decision and they have to investigate the situation. mr. smith: mr. martin, you made a couple of good suggestions i thought to try to avoid the too big to fail syndrome. what are some other ways we can hold contractors accountable. we have a watch list. and what are other things we can keep projects on time and budget? mr. martin: the oversight hearing and proposed hearing from now, the focus on the issues of jwst. oversight is important. and general sense that folks need to be held accountable for human failure, we all fail but there is avoidable human mistakes on some of these projects. the improper use of a solvent on . e wjst, inadequate welding so we have individual avoidable mistakes. we have issues with our international partnerships, whi

discretionary okay and you see it to the down side and you mentioned some of the aerospace names with nth general dynamicyour usual group of caterpillar and some of the other once, johnson control and the bigindustrial name all to the down side affecting the tariffs there. i think the daimler announcement is significant i said be careful here because they're starting to price in the possibilities and companies in certain spaces like industrials and autos could be lowerg numbers and there it is. >> you can say it's premature. the tariffs haven't been confirmed yet so maybe they're jumping the gun and they have steel costs and maybe emissions issues and something is getting covered up here and it's a shot across the bowe a across the bow and a warning sign once again, all of the big, usual emerging markets and the philippines and the shenzhen investing in small caps in chinaa and indonesia, thailand it's been an ugly year for these companies, these countries and most of them are down in the double digits areas and it's the philippines and the shenzhen and the china and smaller companies sector, indonesia,

that would be general dynamics. so that project is being looked at. performance has been a longstanding issue. the other was the rmpbi, that w proposed for termination. that was harris corporation and formally, those are the more extreme cases. but ultimately it is nasa's decision and they have to really investigate the situation. >> mr. martin, in your testimony, you made a couple of suggestions. trying to fill the too big to fill dro fill syndrome. what are some things we can do to keep projects on time and on budget? >> i think one is what you're doing today is an oversight hearing. the focus on the issues, aggressive oversight on gao is important. and i think a general sense of the folks that need to be held accountab accountable. there's human failure, we all fail. but there are avoidable mistakes. for example, the use of insolvent. the welding by boeing as the prime contract. so we have individual avoidable mistakes, partnerships which are key to nasa, but when they're 14 months behind schedule, that impacts oren. >> it is very unlike reply nasa

learned saps america, general dynamics, red hot, and vmware are among nine companies coordinated theirand warding the contract to a single provider. companies leading the charge includean amazon win article, microsoft, and ibm. that is your business flash update. china.up, crackdown on why senator chris coons of delaware wants to get tougher on the world second largest economy. his interview straight ahead. from new york, this is bloomberg. ♪ it looks like china has blocked hbo's website after john oliver rest of the nation's president on his show. i'm with bloomberg news in beijing. i tried to access the hbo.com website and it would not load on my phone. typically a sign that it has been blocked on the chinese internet. word says the page china.ailable across hbo does not offer its own channel in china. instead, it licenses some shows to tencent. that service is not been affected. china social media platform has been blocking posts with john oliver in them. on a recent episode of his show, last week tonight with john oliver, the hbo iconic criticized president xi jinping. china has no

about >> about trade and what i'm used to -- we're not used to it i mean, the market says that general dynamics. we'll see what they do let's see what they do i know this is hearsay but the market thinks it's positive. and i know that is just hard to say. >> some argue today the italian finance minister said that an exit from the euro is not in their thinking they're not looking forward. >> the market liked that the market liked that because they know that nationalism elected in italy and therefore they figured that italy are leery of that. i know everything i said seems counter intuitive. i encourage people to come up with a reason why the futures are down big. >> what happens when the eu tariffs we're expecting in response take affect at the end of the month >> we block bmw and mercedes i think that will be a rough decision by them by the end of the year, i think, i'm sorry, even before then we're going to block china from buy anything there's another theory, thank you, jeff, that said the market doesn't take trump seriously i think that's completely wrong. if they didn't think the president

ak as well we're seeing a lot of industrials hit new lows all of a sudden so you have kummins, general dynamic, is black and decker, ge, much of this somewhat related to the tariff situation. the autos, we talked about daimler, that strange warning they had that duties on u.s.-built vehicles would hurt their earnings of course going from alabama to china. the duties haven't come in yet, but they't been confirmed yet, but they called it out. a lot of people thought that was strange. you see that effect on many car makers and finally, the market is very clearly saying that the united states is winning. so here we have for the quarter your top line is the small caps stocks in china, the white line. the orange is the russell 2,000. one is up about 11%. that is the russell 2,000.other down about 10% on the quarter. clearly the market is saying the small cap russell 2,000 is the place to be right now. back to you. >> thank you very much the dow down for an eighth straight day at least so far. trade fears front and center of course, how long will the slide continue and how can you protect yourself le

we've seen it in the broader defense sector northrop grumman general dynamics buying csra are you onwl >> i would say we're always on the prowl. that's part any of business. you're always looking at your portfolio. either way, exit businesses or bring new businesses on. the main area here is -- this is setting a strategy and trying to figure out how to set that strategy and where you have gaps in that strategy and use mergers and acquisitions as essentially a tool to implement your strategy so when you ask me a question about are we on the prowl, i would say we actively look to see if there is a company out there that we could work with in some way to essentially increase our top line and drive margin expansion in our business. >> great to get your thoughts on a wide range of topics today thank you for joining us >> thank you great questions and thank you for having me here >> tom kennedy, the ceo and chairman of raytheon joining us here exclusively in the washington, d.c., area back to you. >> morgan, thank you morgan brennan with the raytheon chief. defense spending is top of mind

terrible few weeks for the market a lot of new 52-week lows, particularly industrial stocks, general dynamicsamerican airlines, parker hannifin, 52-week lows not a lot of big banks at 52-week lows but some of the investment companies, some of the insurers down. how bad is it? i watch relative strength index. this measures how overbought or oversold are certain sectored of the market when you're below 30 and this follows in about a 2-week period, you are really oversold. when you hit 10, you don't see that very often. that means historically oversold industrials, semiconductors, even the transports at 20, these are basically, on a historical basis, these are buy signals heaven knows if they would work right now but on a historical basis, they're definitely buy signals. >> thank you very much, bob. >>> is volatility here to stay how should you be positioning your portfolio for the second half let's bring in cnbc contributor ron and lamar, he's portfolio manager withvillery and company. what do you make about the underpfunde underperformance of the banks, ron? >> recently underpfrpsz erforma tec

.>> not going to be there time >> it'sse not becauhe dynamics in this stanged radically over a generation. this used to be a solid republican state it went purple for awhile. there's a good argument to be s made thatis a blue state now >> we will be watching and waiting, tom fitzgerald thank > > let's switch over tondti lama gubernatorial candidate valueler you ae vin is dropping o s >>he officially endorsed for rushern bakers afternoon. good to see t you, valerie you haven't been in the race too long. you made the decision, w learned last night why? >> i've been a candidate for governor 26 days. and in that time, i think i've brought a lot of energy to the primary, and we knew that wento have the reses to finish this race on top. yearsas urse rushern baker i'vy clearly w the right thing m for me andy running mate to do was to make surehat democrats in maryland had the choice of rushern baker, elizabethry e tickets, we jum>>d on it ays ago and i had a conversation abo you sort of making history and youou w become the first black woman w b would actuae governor of maryla. what do you say t

let me ask you about just the dynamic. generalelly making jokes about -- this is also your reporting. kelly himself once believed he stood between trump and the chaos. he's told one person he may as well let the president do what he wants even if it leads to impeachment. at least this chapter in american history will come to a close. we've seen a window into his gallows humor. >> it's an incredibly fatalistic thing for the white house chief of staff to say. a lot of people thought that john kelly was going to be the person that would prevent donald trump from doing stupid things and he hasn't been able to do that. he's now throwing up his hand and saying i'm not even going to try anymore. think about what that means. it seems to me that if you're in that position where you're says, you know what, i know the president is doing things he shouldn't do, i'm not even going to stop it anymore. it's time to leave the white house. >> you and i have had conversations about immigration specifically. it may simply be that the president is lo

overall there is growing evidence that broad based economic growth is beginning to generate positive price and dynamic bs but uncertainty lingr throughout the various stages of this process so what does this imply for our monetary policy? we have set out three conditions that must be in place for net asset purchases to end we need to see the convergence of inflation towards our aim over the medium term we need to have sufficient confidence that this convergence will be realized and the inflation path needs to show resilience and be self-sustaining without additional net purchases assessing these conditions is forward looking exercise because the full effects of monetary policy are felt only after long lags we have to rely on our projections, the probability distributions surrounding them, and the extent to which they are dependent on our monetary policy actions. in terms of convergence, the latest projections see headline inflation reaching 1.7% in each of the next three years. inflation excluding food and energy, simple measure of underlying price pressures, is expected to climb to higher levels over

do we run a risk if we go to this dynamic force employment, the general said have a mag caf forward, doing every day things and maybe more higher end group back home that has been able to train to a higher level, do we run the risk that we are going to have to compete for assets to move those marines and be more dependent on six bases, or land bases forward under that concept? and does that blur the brand? >> thanks for the question, admiral. i would say no. don't th are going to have to wait on lyft, because the dynamic force employment of marines will be tied to the navy. the global force management decisions how forces get allocated around the globe is being looked at as we speak between chairman and secretary, what that looks like now and in the future. in terms of the drivers will be the readiness of those forces, back in the u.s., those at forward deployed, we know already are most ready. so, the key is combat credibility. are they combat credible? we have all kinds of marines that are forward deployed, but a small unit in south america, doing operation at atoo not combat credi

>> anders became the ceo of general dynamics.uably the most successful of all the astronauts -- >> that's right. >> -- who in their post-flying career. and they're, but even better tan their success, and lovell, you know, all three of them very successful, is how much they continue to like each other and enjoy each other and joke with each other to this day. they really are very warm, tight friends, and that was a real pleasure that didn't have to be at all. it's nothing i expected, but it's something i really reveled in. >> and they're all, they also seem, certainly the way you write it and in the book, astonishingly vital, you know, on the dark and light side of 90. >> right. lovell and borman are 90 now, and anders, 84, i believe. but they are just, i mean, you would swear that we were back in 1968 and they had just splashed down and we were on the ship and they were telling you the story. that's h, that's the kind of right stuff they truly have. >> yeah. define, given you bring it up and tom wolfe used that as the title of hi

dynamic approach to this very credible belgian generation because i was this close you managed to produce so many top quality players that all comes through the system of designs on but i think there are many reasons and it would be difficult to point out ball was the main reason i would say that the most important aspect that i can see is the their unity two words developing a path for the player so when you talk in some countries the federation and the leak normally don't work together just because of the different. probably some time geographically is impossible to do it here in belgium without the affiliation and the pro league work in almost in the same building you use the forces of each other and that sends clear messages to their clubs and the main clubs and sometimes in a meeting of two hours you can get all the academy directors and change rooms that they would help the development of a player or do you could try to look into an overall picture that could help develop in belgium football and that's been the big the big do you think the happens in the global obits you think of so

overall, there is growing evidence that broad-based economic growth is beginning to generate positive pricing dynamicst uncertainty arising from economic developments lingers throughout the various stages of this process. imply for ourhis monetary policy? the have set out three conditions that must be met for purchases to end. we need to see the convergence of inflation towards our aim over the medium-term. we need to have sufficient confidence that this convergence will be realized. and the inflation path needs to show resilience, and be self-sustaining, without additional net purchases. assessing these conditions is a forward-looking exercise, because the full effects of monetary policy are felt only after long lapse. we have to rely on our projections, the probability distributions surrounding them, and the extent to which they depend on monetary policy action. in terms of convergence, the latest projections seeing headline inflation reaching 1. 7% in each of the next three years. inflation, excluding food and energy, tripled underlying price pressures, is expected to climb to even higher levels ov

. >> this will change the dynamic of the court for a generation. >> shannon: something republicans are celebrating and the left is sounding an alarm on'd. kennedy was a reliable conservative but one who leaned left on abortion and lgbt rights. struck down decisions and wrote the landmark decision legalizing same sex marriage in all 50 states. those decisions got raise from the leadership council on human rights. they are warning about the bias against lgbt community and health care. many wondered where kennedy would land on the affordable care act. he cast his votes with the conservatives and chief roberts upheld obamacare with his vote. >> he has a singulear impact on the court on gay rights and everything in between. >> kennedy talked about what an honor it has been to defend the constitution. programses he said that unite all americans. >> we as a people are bound together. we as a people find our self-definition. our respect, our heritage and our destiny in the constitution. >> shannon: justice kennedy joined the bench in 1988 after a 97-0 vote in the senate. it's hard in this poli

72 on thursday not that age is a big difference maker but these two men are generations apart and i wonder about that dynamic. >> that's why there's reason to believe that kim may understand that he can't go on doing business with his father and grandfather did that he may understand that he needs at long last, not to start his people, but to give them economic growth and he has said that is what he wants to deliver. now, i think we have to be skeptical given the fact that he killed his half-brother and kills his uncle and he's perfectly willing to keep that going on as long as possible. if he wants to be the historically for that donald trump wants to be there is reason to believe that it could come to some conceptual understanding. we don't know whether or not that is possible. i think we have to remain skeptical but not to try, what is the harm in trying at this point? kim gets the immediate upfront benefit pretty get the meeting he wants but we've gotten three detainees and a test site blown up and this may have been collapsing anyway. they made some gesture that let's test it and see what's going on her

you had a new generation fighting a different war at a different time in the country with a different reaction. >> i think it's the dynamics of vietnam itself. world war ii, our allies were threatened and our freedom was threatened. vietnam, they thought it was different and complex to turn the tide of communism, and it was a sense that governments can't be trusted. i guess all those things came together to essentially create this resistance to the war. >> with more recent conflicts, iraq and afghanistan post-9/11, it seems like veterans who sure live but often come back with severe, long-term injuries. >> they often do. ptsd, of course, is a big thing. i think that my experience has been that all wars predict those types of things. we are just more aware of it now and fortunately are doing more about it now. but some of the stories that you will air are about soldiers that were severely injured in vietnam and have to live with that or had ptsd from, for example, being a helicopter mechanic. you think how did than? somebody had to clean up the helicopter when they came back. you are in a relatively safe place and the war c

in fact, outdoor recreation generates billions of dollars for the commonwealth's economy, the same dynamic applies across the country. that's why i intend to keep up the fight to re-authorize the lwcf. it helps communities protect the places they love and we owe it to our children and our children's children to keep this tool in place. thank you, mr. speaker. i yield back the balance of my ime. mr. lowenthal: i yield to the representative, my good friend from new york, congressman tonko. this is 100 days of the land and water conservation furned. the wl crmpfmp has assisted nosht. it's 50 years to protect new york's special places and ensure for hunting and fishing. both the house and senate have introduced bipartisan bills to re-authorize the wl crmp f. i'm a proud co-sponsor and i urge the house leadership to bring it up to a vote. and the speaker pro tempore: the the entleman's time has expired. the gentleman's time has expired. tonchingtonching i yield back --. the speaker pro tempore: under the speaker's a nounsed policy, the air recognizes gentleman from texas, mr. ohmert, until 10:0

changes the dynamic of the supreme court for a generation. >> neil: what is interesting, too, whether the president is re-elected or not, by the stroke of this move, he could be and would be consequential for generations to come. >> that's right. it's striking that he appreciates the fact that this is one of the most somber, significant sacred responsibilities that he has. the justices that a president appoints to the court are things that will outlive his tenure. the way the court is constituted at this point in time, 4-4 with justice kennedy in the center, this is a really big deal. >> neil: how do we know he won't -- whoever is picked, morph to something else? president bush thought he was picking a conservative with sutor and turns out he was more liberal. this list that is out there, what do you think of that? is a hard and fast right list? >> it's a fantastic list. the president will not go wrong choosing anybody from the list. there's no guarantees. >> neil: it would be from that list no surprises -- >> that's what he said. he could expand the list. he's been firm and consisten

generation. i understand they think they understand our board dynamics. that's fine. there's always the objective by the board to make us a very desirable investor or partner. which is one of the issue about relationship building. that's how restrive to make very solve great rates of return. i'm uncomfortable about how the whole issue of the hiring and funding of goldman was done let alone generations. particularly goldman. that's one why i'm digging in he heels on this issue about the whole decision-making process was executed on this one. too many misunderstands on this whole issue. i'm not against reducing carbon or i'm for divesting. here we are fighting over what one guideline i think beneath their own state of philosophy. to close this out, let's vote as recommended. i'll vote no. i have to deal with whatever comes up later. if i have more facts, i'll bring it back to change your mind. i'm not trying to blow up the relationship between us and generation or goldman sachs. we spent lot of time on this issue. >> you and inhad a discussion about doing it additional

dynamics work. >> we'll be watching closely. general hayden, thanks very much for your analysis. >>> news in to cnn. a white house official tells cnn that the president has now read that letter from kim jong-un that was delivered to him today. earlier you may remember the president told reporters he had not read it despite just moments before that calling it a very interesting, very nice letter. we are keeping track. my political panel is with me here right now. so, remarkable events today. we have to remind ourselves today a week ago this summit was off. it is back on with confidence now, it appears. crystal, is that already to some degree a political win for the president? >> 11 days is 11 days with donald trump, so, i mean, i hesitate to make predictions solely because, as you point out, jim, a week ago we were talking about the letter and how it was off. if he gets to the summit, if he arrives in singapore and the summit happens, yes, i think the visuals of that at some level are a win for him and, to give him credit, it would be a

dynamism. looks revolution first ball for twenty germany took third place at the twenty ten world cup with a new generation of players like mesut ozil sammy could era and thomas miller. and it's overseen by look at the enormous wealth of these players have developed to stay in this tournament to progress even against the big nations you can take to the pitch without respect. that is what champions are made up of all. lives project peaked at the twenty fourteen world cup in brazil germany's triumph was the result of years of preparation and reached the top of the german and they were happy to keep him there. you hear him live is the best coach the board of the german f.a. could imagine for our national teams when the tsunami and so forth. the world title an amazing coaching record look became a marketing star in his own right he seems had everything going his way maybe he felt he had nothing left to prove in any case there was little sign since then of the foreign innovative techniques that led to the twenty four team success. despite a young germany squad storming. success of the twenty seven seen confit c

component, the strongest, you can spend that is being a positive dynamic and rotating away from relying on external demand in europe and generatingic demand. the problem is, a lot of these countries rely on exports generated demand. and the manufacturing sector is one of those areas where they are most sensitive to that phenomenon. the fact we saw softness in manufacturing pmi is reason for caution. i have not been bullish in the eurozone for quite some time and this does not change my view in either direction. it is some comfort relative to further decline but nothing to get too excited about. vonnie: on your way to the studio and you see this from donald trump, threatening 20% tariffs on european autos additionally. does it have an impact on how you think about investing immediately? >> not especially. we have to view this through the lens of the strategies that the president has chosen to try to follow to get the best possible results. the starting position is one can gos extreme so you to a situation you are comfortable with and you can sell domestically as a win. he previously said he was looking at 25% tariffs and 20% looks

group come from diverse corridors that have different stressors and different dynamics but the one unifier we had because a general frustration of the outreach engagement processes with m.t.a. engagement being the paramount and most important thing that we are focusing on. one of the things that was expressed constantly were the financial implications these outreach engagements had and so with deanna we tried to find the root causes of why there were so many issues with it. what's going on with this, right? and she let us workshop ideas and really get and have input on these processes and say this is not going to work and add this and take this out. it was an amazing process and just going through that process really restored trust, which is a big statement with this agency, right. it restored trust with a lot of community leaders that have lost it. and so i really want to congratulate deanna for doing that and i agree that this should be funded and implemented as soon as possibility. i acknowledge there's gaps in implementation and difficulties trying to launch this but i'm definitely hopeful that with this groun