by character henry ford revolutionized the production model of automobiles and this is what according to this article also sees that this is a third step in the production of vehicles musk his dream is to massively automate the model three assembly and take advantage of the simpler engineering requirements of electric vehicles it's a noble dream. tesla should continue to pursue it but at this point mosque is asking all those model three reservation holders to patiently await tesla's ability to reinvent manufacturing they've become unwitting participants in a science project again going back to one nine hundred eighty s. steve jobs it did take him a while to realize what he was trying to execute in his mind he's not a technologist he wasn't a code writer he couldn't do all this stuff fast enough once he met johnny i for whatever they they seem to have some sort of like. you know explosion in their ideas that finally came to fruition but at that time nobody was very patient with steve jobs back in the eighty's and you remember i'm sure well first thing. unwittingly you'll stay to for th

like character henry ford revolutionized the production model of automobiles and this is what according to this article also sees that this is the third step in the production of vehicles must his dream is to massively automate the model three assembly and take advantage of the simpler engineering requirements of electric vehicles it's a noble dream. tesla should continue to pursue it but at this point mosque is asking all those model three reservation holders to patiently await tesla's ability to reinvent manufacturing they've become unwitting participants and a science project again going back to one nine hundred eighty s. steve jobs it did take him a while to realize what he was trying to execute in his mind he's not a technologist he wasn't a code writer he couldn't do all this stuff fast enough once he met johnny i for whatever they they seem to have some sort of like. you know explosion in their ideas that finally came to fruition but at that time nobody was very patient with steve jobs back in the eighty's and you remember i'm sure well first thing. unwittingly you'll state for t

he considered henry ford a role model and the southern segregationist him as kind of a model for what he wanted to accomplish and we have some very fascinating residences involving basically the performance of demagoguery. you mentioned david stephenson would swoop down in the sky with a name on the plane and then you have the imperial wizard who says i've got the biggest brains. [laughter] how do you approach the subject of how this 1920s history as much as we understand the 1950s and 60s history of national review and barry goldwater and ronald reagan is informing newt gingrich and paul ryan how do you see this history as informing our contemporary movement clacks >> i think to answer that i want to start by sort of disaggregating something because there was a lot of difference between the anti-catholicism and its anti-semitism. catholics could convert. if they did that, they were fine. shoes, no. in fact when we look closely what we see is that anti-semitism for them was closer to the racism of people of color then it was to the anti-catholicism. now, it's also true that the anti-c

on the age where you haven't seen, you know, this kind of transformation in this industry since henry fordhe assembly line. >> the philadelphia auto show runs until 6:00 p.m. super bowl sunday. >>> in your health tonight, this year's new season may prove to be one of the worst in nearly a decade. that is the very latest from the centers for disease control. every single state except hawaii is experiencing a widespread flu outbreak for the third straight week and it's not letting up. so far 37 children and hundreds of adults have died from the flu. including more than 15 people in pennsylvania and three in delaware. there are now nearly 12,000 confirmed cases of thirty nine this season across the country much this year's new strain is severe and overall vaccine effectiveness is lower. doctors are any way encouraging people to get their new shots. >>> a viral photo has changed one man's live forever. >> it's not as hard to save someone's life as you would think. >> how a plea at disneyworld helped track down kidney donor. >>> and the eagles still have a week to go before the super bowl but t

on the road without steerin wheels and other contro radical departure, going back to the days of henry ford, steering wheels and gas pedals have been at the heart of every car and truck. but gm and other automakers believe there's no need for a steering wheel if there's no driver. >> we see these vehicles getting deployed in a ride share environment. that's what we're aiming to do in 2019. obviously having maximum space inside the vehicle avail for passengers as customers is a . >> reporter: other companies like waymo are also developing self-drivi cars without steering wheels. and late last year, an autonomous drive shuttle without a driver hit the strip in las vegas, and almost immediately was hit by another vehicle. which raises the question -- will the public feel comfortable in a car where there's no way to take over steering if there's an emergency? >> sounds really dangerous to me. >> i would feel pretty safe, i think. i think i would feel pretty safe with that. >> i would prefer if there was an option where you could take control over the vehicle and remove it from automation. but i

that topic we are joined by president founder of straw mark a global business development firm henry ford which gallery thank you for being here you're welcome ok so how has the hotel sector done in the past in the last year or so and put it in perspective given to related things like food service industry yes the hotel industry has just taken off and it will continue to do so particularly over the last two years and what you're finding particular when you mention with regard to the u.k. a lot of this has to also do with the chinese traveling the number one destination for the chinese is the u.k. and you know anywhere that the chinese money is going is going and it's probably not coming here as much we're not as welcoming right in the u.s. it seems with the new president it's not that when we would as welcoming but it has affected actually in terms of globally you look at what mario just made that big mistake in china because of course on their website they by accident i suppose posted a separate site for taiwan for tibet from macau and hong kong. entries and china doesn't like that chine

that topic we are joined by president founder of straw mark a global business development firm henry ford which hilary thank you for being here you're welcome ok so how has the hotel sector done in the past in the last year or so and put it in perspective given to related things like food service industry yes the hotel industry has just taken off and it will continue to do so particularly over the last two years and what you're finding particular when you mention with regard to the u.k. a lot of this has to also do with the chinese traveling the number one destination for the chinese is the u.k. and you know anywhere that the chinese money is going is going and it's probably not coming here as much we're not as welcoming right in the u.s. it seems with the new president it's not that when we would as welcoming but it has affected actually in terms of globally you look at what mario just made that big mistake in china because of course on their website they by accident i suppose posted a separate site for taiwan for tibet from macau and hong kong that is entries and china doesn't like that

corporation typically they make money out of solving inefficiencies you know for example the car from henry ford was officially produced and people can get around a lot faster and the economy grew as a result but are we at a stage in capitalism where the efficiencies of these big companies is so great that the margins for profit are squeezed down to zero for example if you're in a micro transaction business. and you are looking at profits that are even smaller than a grocery store and grocery stores are only two percent profit margins or gross profit margins we're talking about even less than two percent how does a translate into earnings growth and how does that then become we've hit peak earnings i'll just call it a phrase right now due to the hyper efficiency of block change not just hyper efficiency block change hasn't reached the scalability let's be clear ok it hasn't and i actually. am challenging a lot of folks out there to say that block chain is scalable all depends where you're at the fence what kind of legacy system you have depends what you're trying to do depends what your customer

with the commonwealth than adding a few extra bucks to the bottom line. >> henry ford. >> what was ing he tried to do, ford landia do you know what he tried to do in brazil, henry ford, he cleared the rainforest we won't get into it we take your point, though and we'll see if any other companies try to follow suit thank you for your time. >> thank you. >>> we are going to get another check on starbucks and intel ahead of their earning calls. >>> on "fast money," the so-called bitcoin oracle returns and he will tell you what he sees next for the crypto marke hey, what are you guys doing here? we're voya. we stay with you to and through retirement. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that tie. voya. helping you to and through retirement. anything worth pursuing hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. i'm kayla touchy in washington the white house

that topic we are joined by president founder of straw mark a global business development firm henry ford which hillary thank you for being here you're welcome ok so how has the hotel sector done in the past in the last year or so and put it in perspective given to related things like food service industry yes the hotel industry has just taken off and it will continue to do so particularly over the last two years and what you're finding particular when you mention with regard to the u.k. a lot of this has to also do with the chinese traveling the number one destination for the chinese is the u.k. and you know anywhere that the chinese money is going is going and it's probably not coming here as much we're not as welcoming right in the u.s. it seems with the new president it's not there when we would as welcoming but it has affected actually in terms of globally you look at what mario just made that big mistake in china because of course on their website they by accident i suppose posted a separate site for taiwan for tibet from macau and hong kong. entries and china doesn't like that chin

corporation typically they make money out of solving inefficiencies you know for example the car from henry ford was officially produced and people could get around a lot faster and the economy grew as a result but are we at a stage in capitalism where the efficiencies of these big companies is so great that the margins for profit are squeezed down to zero for example if you're in a micro transaction business and you are looking at profits that are even smaller than a grocery store in grocery stores only two percent profit margin for gross profit margins but you're talking about even less than two percent how does that translate into earnings growth and how does that then become we've hit peak earnings i'll just point. raise right now due to the hyper efficiency of block change not just hyper efficiency block change hasn't reached the scalability let's be clear ok it hasn't and i actually. am challenging a lot of folks out there to say that block chain is scalable it depends where you're at the fence what kind of legacy system you have depends what you're trying to do depends what your customers

the 40 hour workweek, people don't realize, came from henry ford, when he was looking at how far could you push a manual labe orrer before they get sick and stupid and before they started making mistakes and costing you money and at the time, back in the 1920s, the average work day for a steel worker in the united states was 12 hours a day, six or seven days a week. and so henry ford found that eight hours a day, five days a week, actually got you the most productivity and at the time all of the -- the national manufacturing association, everybody freaked out, they thought this is terrible. can you not cut work hours. this is awful. you will lose money. and in a year, he proved them all wrong because he made a whole lot more money. because the people were refreshed and they could do their work, but then they also had leisure time. he raised wages, they had more money and in their leisure time they could afford to buy his cars and then go out and have fun on the weekends. so it actually benefited him, it benefited the people, it benefited the sew siociety so a move into what does both/a

one that will be featured -- the black beauty that sparked harold's classic car obsession -- henry ford'sving lesson. step one -- hand-crank the car to start it. i don't know. what do you think? >> i think you're up for it. >> you do? >> all right. let's see if you can do it. >> give it a good crank. >> oh! not quite. >> [ grunts ] aah! ouch. [ laughs ] wait. is this a trick? [ grunts ] oh, come on. get me a car that works. [ engine starts ] >> there it is! >> hey! >> all right. >> there you go. >> right on. the model t is considered the first affordable automobile, but it's not particularly easy to drive. it has three pedals, but the brake is on the right. what's it doing there? you did clear the streets today? >> [ chuckles ] and the sidewalks. >> as we scoot around, it's easy to see why harold fell in love with this classic. i love it. feel the hair blowing, the top down. there's a big tree. >> there's a tree back there. >> big tree. brake, brake, brake, brake. okay, brake. ooh! that's forward. wait. brake, brake. oh, yeah. that thing on the right. throttle up. >> yep. [ engine turns o

henry ford back in the 1920s, george wallace had a lot of support.for a while had a lot of support. this is the first time one of these demagogues became the nominee of a major party. >> if it's true that the trump base said we felt this way already. this could make him by definition a demagogue because a demagogue uses existing prejudices to advance their own cause. the check on it would be, he's not serious, he's not taken seriously. he doesn't have serious sway over a significant portion of the country. he's consistently seen as talking but not believing does that help democracy survive someone who says the things he says? >> it helps he's pretty inept, not very popular, pretty weak. were he more experienced, more serious, more popular, i think he would be more dangeros. but our experience looking at other countries around the world suggest that most of these guys who talk in authoritarian talk during the campaign, use a lot of bullying bluster, actually end up throwing punches as well. they end up doing stuff. it's rarely just talk. >> you've bee

the operational margin -- market raging wages. 100 years ago, motorcars were being produced and henry ford had a great deal for his workers. this took people away from making carriages and all the developing's. they became obsolete -- obsolete. this is the workings of the market. some retail firms may find it hard but they should accommodate for that by more efficiency. walmart has to become more efficient, saving costs in order to pay these wages. in a competitive market, that is the way it works. >> what you make of the fact that these employees will see their wages go up to $11 an hour. walmart announcing they will shut stores and lay off thousands of workers?>> i am not sure they will lay off thousands of workers but, yes, they may well go for high wage rate and get more work out of their workers. better quality of work and they can adjust at the margin and replace labor by machines and so on. this is the way these things work. what it points to is the need for people to get better qualified and get more experience to get work. they also can share in the benefits. yes, at the margin, p

ford. have you been involved in that at all? henry: richard and i have a chance to get together occasionally. so he tantalizings me with some of the research he's uncovering on president ford. i have been privileged to be privy to some of that. and it promises to be a terrific book. brian: how much does gerald ford and vandenberg represent your own feelings in politics? henry: i grew up in an age where my political awareness i trace back to 1966. because that was the year hi a student teacher very interested in politics and we went down to our local tv station as election results were coming in. it was a big thrill for a 14-year-old junior high school student. that was the -- what may have been the peak year for what we would today call liberal republicans. there was scranton in pennsylvania. our own george romney in michigan. percy in illinois. brook in massachusetts. all these names that people may or may not remember were all -- most of them were elected or all in office that year. that, i think, was part of my conditioning as an a

you have to make sure you are said,ing what henry ford one thing after another.ou have to tell a story. you are not writing a novel, you are writing a biography. you want to have a structure that is true to the facts of how things develop. that you really have to be a little lucky, you have to hope the story is coherent. i think his was, partly because he was so analytic he was always trying to make sense of everything around him and put it in a logical format. by following his inner experience, i think it was able to tell the story in a way that holds together. >> the personal relationships, you read the book between madison and jefferson, hamilton, and washington, you say there is a point where madison washington fell out, what was that? >noah: personal relationships ae everything to me. who likeds not a guy to be out there on the front lines waving a flag. he liked to make things happen from the back room. throughhe did that was these very intense close personal relationships. occasionally these friendships with enemies. in the case of washington, he went to b

he did not invent photography in america but he is the henry ford of photography. he made it accessible and photographer -- popular and elegant. he had a real nose for whose images could be important. i want to pass this around. it is only with a few dollars. it is something called a karch. up here?e that hmm, no. this was invented in the 1850's in france and became wildly popular in the united states. the brady photograph is one of these on the left. these, lots oft these. in fact, things could be distributed when lincoln was running for president and it really mattered. again, they did not have screens, computers, televisions, social media to constantly show candidates' faces. this is from about 1864, maybe 1865, 1867. a shows lincoln. shows lincoln. see if you can read what is on the bottom here. i think as i explain it, it will make sense. to you -- sense to you. yeah, they were called them because they looked like a visiting card. almost the size of a business card. now, when i say that, i do not want you think somebody would show up at someone's house and say

that business took off, and a new york paper later referred to him as the henry ford of the home building. in 1936, fred met a woman at a party. her name was maryann mccloud. she had immigrated from scotland six years earlier to live with her sister in new york city. fred and maryanne later married and had children, one of whom is president trump. so it's a family type of immigration. i want to bring in stewart anderson, the executive director of the national foundation of american policy. he's also a "forbes" contributor and wrote about donald trump's family history. stewart, good to have you here. thank you for being with us. >> thank you. >> there's a reason -- it's not a uniquely american concept to have family based immigration. back when fredrick trump came to america, the immigration system was a little more open. but generally speaking when you do all the work in admitting someone into your country and you've vetted them and think they're pretty good, it's thought of that would be positive, to have their connections come in, if you need immigrants. >> well, as part of the negotiat

he didn't invent photography in america, but he's the henry ford of photography. he made it accessible and popular and elegant. he had a real nose for whose images could be saleable and important. okay. i want to pass this around. okay? this is from the illustrious pohlad collection. it's only worth a few dollars. it's something called a cart -- did i have that up here? which was invented in the 1850s in france and became wildly popular in the united states. the brady photograph is -- so people could get these, lots of these. and, in fact, things like this could be distributed when lincoln was running for president. and it really mattered because, again, we didn't have the screens, the computers, the televisions, the social media to constantly show a candidate's face. so this is from about 1864, maybe, '65, '67. and it shows lincoln. see if you can read on the bottom what's down here. i think as i explain it, it will make sense to you. yeah, these cart de vezit were called that because they looked like a visiting cart. almost like a visiting card. when i say that,

henry ford does this. he tries this grand mission where he outfits a ship and he will go to europe and and the war. the american people ridicule him. you do not understand what is happening here. stay making cars. this is not to deny the existence of the pacifists. there is a difference between looking retrospectively and saying, i admire what those people were doing. and looking retrospectively and saying, they were driving the discourse. those are two different things. in my own mind, i admire what they are trying to do. i don't see them as driving the discourse. andrew preston, a canadian researcher working in britain, has done a study of american religious leaders. my research would confirm what he argued, which is that after the lusitania, american religious leaders go from being pacifists, to saying, this is a war that crisis would support. this is a war that christians of good conscience can support. especially at the lusitania and armenia. >> i am from the forgotten part of texas, which is the west

like character henry ford revolutionized the production model of automobiles and this is what according to this article also sees that this is a third step in the production of vehicles musk his dream is to massively automate the model three assembly and take advantage of the simpler engineering requirements of electric vehicles it's a noble dream. tesla should continue to pursue it but at this point mosque is asking all those model three reservation holders to patiently await tesla's ability to reinvent manufacturing they've become unwitting participants in a science project again going back to one nine hundred eighty s. steve jobs it did take him a while to realize what he was trying to execute in his mind he's not a technologist he wasn't a code writer he couldn't do all the stuff fast enough once he met johnny ive or whatever they they seem to have some sort of like. you know explosion in their ideas that finally came to fruition but at that time nobody was very patient with steve jobs back in the eighty's and you remember i'm sure well first thing. unwittingly you'll stay to for th

on groups like the ford family and evidence to mortar company who supported mount vernon since henry ford gave the first fire engine to the estate to keep the mansion from burning down. it's an ongoing challenge and you're welcome to donate to our fire suppression efforts right now. i'd like to welcome you all out here and before we begin the main event, i also want to mention some upcoming library programs, which we still have some tickets available. great -- annual martha washington lecture featuring flora frasier and viera, excusing 18th century women as consumers on both sides of the atlantic. that will be lead by our serb senior curator here and the first of three michelle smith lectures coming up, featuring george goodwin discussing bren benjamin franklin in london. i met him at the franklin house and he has an extremely large personality, and i think you will particularly enjoy him and his discovery of franklin's life in london. let's get to the main event right away. we are exceptionally pleased to have with us dr. erica armstrong dunbar from the university of delware with us toda

worry on the age where you haven't seen this kind of transformation in this industry since henry, fordssebly line. >> are you a car guy >> i love cars. i got to go check it out. i'm sure your dream car is there >> my test la, i know it is. >> mine too. >> you said that too >>> we're talking steven curry did you hear he dropped 49 points against kyree and the celtics. let's talk about him coming up after the break. . >>> i'm sean brace with sports in a minute. eagles make their trek to here's jenkins on the season so far >> it's surreal, you talked abo last year and now we're finally he on, we earned the right to be here, sosurprise. >> nhl wk and the only flyer that get claude giro. he finished sixth. however, he will play in his fifth all-star game later today. and finally. the hardwood, st. joe's taking on penn at the palestra. the big five games this year, something has to give. quakers up four. he hits the runner and the quakers go on to win 67-56. quakers hat's sports in a minut. i'm sean brace >> a serious question this morning if you're a sports fan. is steph curry human? he put

really crushing it and one of the things that just historically, i think that bill must know is when henry ford raised wages to $5 a day, the number of employees that bought cars actually moved the u.s. gdp. i am wondering whether walmart can play a similar role. and if the president were to stop talking about the fox guys that he watches and started talking about this kind of thing -- i know he's done a couple of them but waste management last night, that's a lot of -- >> waste management is big >> i think of the biggest employers, the ten big ploi employers, wal-mart's's the only one so far >> we're all waiting for easter brook. that's a franchise model >> what do you say to those who are frustrated when these announcements come out that the ratio of wage hikes to buybacks, wage hikes to dividends, is 90-10, right what's fair. what's appropriate >> wait until we get to these conference calls yesterday, there was a beautiful conference call by k.b. holmes last -- k.b. holmes, they're talking about what can happen. they're just talking about huge -- i mean, they're talking about 35% tax rate do

so, we were cranking out supplies and henry ford was cranking out model ts, which are well represented in this museum. so it changed to the sense of going from strictly agrarian really to an industrialized nation. >> and how many women went to work in those factories at that point? was that a phenomenon in world war i? >> i don't know the exact number, but it was a huge phenomenon, because once the men started going over, whether they were drafted or they joined up or they happen to be part of the national guard, a lot of private industry, just like in world war ii, turned over as part of war production, and somebody had to work in those factories, and women jumped ahead and took over and were working long hours either in armaments building eventually war equipment, uniforms, really, you name it. women played a significant role on the home front, but they also played a significant role on the battle lines as nurses, as ambulance drivers in the famous "hello girls," the telephone operators. >> and women were not able to vote yet in the united states, we should point out. >> yeah, that's

it >> i reached down to them, telling them how great this is the fact is that this is -- this is henry fordwhere everybody else did and sold a lot of cars to employees and it really god things going for ford. that was a big company then. walmart's a big company now. these are amazing things honestly, they're amazing. because you see, joe, they were always supposed to just buy back stock and boost dividends. no one was supposed to get it, other than the stock holders what do we do? >> i could filter into the economy -- >> what is this share the wealth thing? >> yeah. and now with earnings coming out, we're going to hear a bunch of companies talking about what their outlook is based on this so stay tuned. should be good and that starts tomorrow >> we've got to ask wilf wilf is so tight with these guys now, i need to hear. >> he is, with those bank guys >> and is nvidia in that warehouse? >> i'm sure you'd like to hear that it is, jim. we'll like to see. "power lunch" will have the answer thanks, jim. we'll be right back. we'll see you at the top of the hour liup to the challenge. the gig-spee

henry ford famously quipped that his model t car was available in "any colour you like, as long as it'sders, more than half a million black cars were sold in 2017. but the fastest growing colour last year was gold. i can't believe it. i have a black carand a i can't believe it. i have a black car and a navy blue car. johnny two ca rs over car and a navy blue car. johnny two cars over there. i have read car. it's a little. gold was very trendy. the last few years. it has had a bit of their resurgent. ——a bit of a resurgence. gold is fast approaching the top of the league. ryan giggs is set to be named as the manager of the wales national team today, succeeding chris coleman. giggs' only managerial experience so far was four games in charge of manchester united when david moyes was sacked in 2014. coleman stepped down in november, after wales failed to qualify for this year's world cup. after 30 games and 281 days, manchester city's unbeaten premier league run is finally over. they lost 11—3 to liverpool, in an incredible match at anfield. liverpool scored three goals in eight minutes, to