that's an old henry ford quote.another example of, if you want a different color, fine, but you have to give us more money. for years, i've never hung too much on that $35,000 price tag because it doesn't work that way. it's not that simple. a vehicle can range from a starting price of $30,000 and with all the features, be up to $55,000. as long as you want it in black, and there's a lot of people waiting for this car, and, frankly, the model three is a great looking car, too, so it should do well. haidi: thank you so much for joining us, david westin, morningstar analyst, joining us there on the phone. users can continue following the news and analysis on the bloomberg. much more ahead, stick with us. this is bloomberg. ♪ emily: a new startup is making waves in the gig economy, gaining one high-profile vc's attention. is to work just closed a funding round. just closed ak funding round. the company connects workers with employees in the hospitality industry. does the gig economy have more legs? the ceo joins us in

primarily a manufacturing center it had to be concerned with its own consumers here famously henry ford raised the salary of his workers who would be able to buy cars. when you're moving into an international plutonic a is the max like call it a little small percentage of the world's population that's a gathering increasing wealth what happens to american consumers a much less a concern. because most of them aren't going to be consuming your products anyway at least on a major basis. your goals or profit in next quarter even if it's based on financial manipulation. high salary high bonuses produce overseas if you have to and produce for the a wealthy classes here and their counterparts abroad what about the rest well there's a term coming into use for them too as they're called the precariat. precarious proletariat the working people of the world who live increasingly precarious lives . and it's related to the attitude toward the country all together. during the period of great growth of the economy fifty's and sixty's but in fact earlier taxes on the wealthy were far higher corporate t

ethan: i think there were a lot of people that were saying the same thing about a car, when henry ford came out with the car. they were happy with the horse-drawn carriages, but i think that, you know, long-term, worked out in a different way. lemonis: ...this company may be up a creek without a paddle. we've got a deal? ethan: uh... uh, well, i, the... um... lemonis: my name is marcus lemonis, and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every morning wondering how many jobs we have to do. it's not always pretty. everything's gonna change. everything. but i do it to save jobs, and i do it to make money. this... let's go to work. ...is "the profit." ♪ [ train whistle blows ] i'm heavily invested in the outdoor space with companies like camping world and gander outdoors. and so when the company reached out for help and i went online and did a little research, i was intrigued because there were products that i had never seen before. there's a level of technical ingenuity that you just don't fi

ambitious target he wanted to challenge american car makers and the supremacy they had enjoyed since henry ford success decades previously the u.s. domestic market ample funding and lots of space but land in japan was limited and expensive and later there was little capital available in a country devastated by the second world war what toyota needed was good idea. first and foremost efficiency and minimum waste no mass production and no stockpiling of cars ford in the one nine hundred seventy s. the toyota motor corporation applied those principles throughout its supply chain management keeping lots of car parts and stock car space electricity and labor and was therefore abandoned instead suppliers were to deliver the parts shortly before assembly the just in time production method. these days the auto maker founded by key. is one of the most profitable in the world. and they just in time for toyota production system has been the industry standard for years. just in time production can also mean that on occasion efficiency plays second fiddle to punctuality. on the road a little. way back now.

electric txi the humming bird was quiet and clean but out of reach for most people and then along came henry ford not only did he invent a car that ran on an oil powered combustion engine he also worked out how to mess produce them on an assembly line suddenly cars were affordable and the electric car with its expensive battery and limited range disappear and more than a hundred years later our modern cones a still burning fossil fuels and contributing a quarter of global c o two new emissions rules trade tariffs and innovations a part of what's now driving comic is to make this switch to electric asia is leading the way more electric cars was sold in china last year than the rest of the world combined but what's not clear is the real cost of going to the automotive industry in its current form employs millions of people around the world and then there's the question of who is going to buy them many consumers remain unconvinced that the electric car will be as claimed easy to use and affordable as they have been told but they are not well economics that it's a bit early caught up with linda jacks

electric txi the humming bird was quiet and clean but out of reach for most people and then along came henry ford not only did he invent a car that ran on an oil powered combustion engine he also worked out how to mess produce them on an assembly line suddenly cars were affordable and the electric car with its expensive battery and limited range the sapir and more than a hundred years later our modern cones a still burning fossil fuels and contributing a quarter of global c o two new emissions rules trade tariffs and innovations a part of what's now driving comic is to make this switch to electric asia is leading the way more electric cars was sold in china last year than the rest of the world combined but what's not clear is the real cost of going a little trick the automotive industry in its current form employs millions of people around the world and then there's the question of who is going to buy them many consumers remain unconvinced that the electric car will be as claimed easy to use and affordable as they have been told but they are not well economics that it's a bit early caught up with

>> first of all henry ford said it best. he said don't find fault, find solutions. it's one of the problems that republicans have with the president is that when you're willing to throw your own people under the bus you never know what twitter is going to attack. it doesn't inspire confidence. it makes me feel like i have done all of these other things. it's not coming back. it's one of the reasons why i always say if we are going preserve the republican party you have to hold the president accountable. please the not go and defend him at all cost. it will end up hurting the party. >> i think we have seen them defend him pretty much at all cost. even lindsay graham, given his relationship with john mccain over the years. it was pretty stunning to me. at this moment i feel like we can't expect moral leadership. we know that. he reminded us of that again. if you can't even say white nationalism is a bad thing we are really at the lowest of the low. my question is where are the republican members of congress? where is the republican stepping up? >> there is one republi

. >> jeff is thomas edison, jeff is henry ford, only i think better. >> but for a change, the headliness public company. they're about his private life. a brilliant business man blind sided by a tabloid bombshell. >> the

. >> jeff is thomas edison, jeff is henry ford, only i think better. >> but for a change, the headlines aren't about his public company. they're about his private life. a brilliant business man blind sided by a tabloid bombshell. >> the national enquirer and it's owner are trying to blackmail him. now he's turning the table on the tabloids. >> he's a tough guy. he's a tough customer. >> he's no stranger to controversy. >> president trump often attacks besos publicly going after amazon and the washington post which the ceo also owns. >> so he uses the washington post for power and he thinks he's going to get the politicians to do what he wants. >> they chose the wrong person to bully in jeff bezos. he has wealth, courage, and self-confidence and he's angry. ♪ >> my name is alexa. >> commanding alexa to turn on our lights, binge watching on amazon prime, shopping at whole foods or reading the washington post. millions of americans, whether they know it or not are interacting on a daily basis with amazon founder and ceo jeff bezos. >> jeff bezos has said the way you live, eat and work, he

. >> once upon a time the retail industry was a seller's market remember henry ford used to say you cane any color car you want as long as it's black, right? retailer all they had to do was put something on the shelf and for the customer it's take it or leave it now it's very much a buyer's market you must innovate and come up with new and improved to get through the clutter. this is a classic example. >> by the time you create this beverage we're over it >> on to the next fizzy thing. virgin group founder richard branson think american vacation policies are a disgrace. the u.s. lags behind several countries because it doesn't require any paid leave or paid public holidays. meanwhile you have uk, france and mexico who hand date between a week and a month's worth of total paid leave the gap is bad he said employers should offer free vacations it's up to employers already the system works reasonably well >> which is the most productive country on earth i forget the trend in technology, my son works in technology, as you know he gets unlimited vacation time. which sounds fantastic on paper

for every michael bloomberg and henry ford and walt disney.ric and general mills, none of them were in the military. cardinal health didn't serve in the vatican. and bed bath & beyond is not a partnership of three people. to put it simply, you can't always name a man by the company he keeps. that's all for tonight. we'll be back tomorrow. more "mtp daily," of course. "the beat" with ari melber starts right now. good evening, ari. you're in waiting for paul manafort sentencing mode. good luck. >> thank you. we expect it any moment. thank you, chuck todd. >>> there is big breaking news here. at any moment, as mentioned, a federal judge in virginia will be sent ansing donald trump's former campaign chief paul manafort. we know this will happen soon because they've already had one recess and are running late. we expect at 6:00 p.m. in this hour, we expect to get the sentence. this could be the biggest, most damaging day ever in the mueller probe so far. we know that because manafort faces up to 24 years in prison in thero

it was translated and popularized in this country by henry ford, who was an extraordinarily virulent anti-semite. he published this, he made 500,000 copies of the protocols to distribute. he serialized it in the dearborn independent, the newspaper that he ran. the protocols are an example, and this is a new word, in order -- a word that was developed during the vietnam war known as psy-war, short for psychological warfare. the idea of psy-war is that you put out something that allegedly comes from the enemy that is designed to make the enemy look bad. that was done widely by the military in the vietnam war. now, the klan was of course, not inventing anti-semitism. it was appropriating age-old anti-semitic junk tropes, not only were the jews christ killers, but they were economic predators, ruthless and dishonest merchants. here you see uncle sam is being crucified by -- if you can't read, on the top it says "this is the u.s. in the hands of the jews." the klan extended its charges against the jews not only be on -- not only beyond the fact that they were predators, the on the -- and

henry ford and walt disney. general motors, general electric and general mills, none of them were in the military. cardinal health didn't serve in the vatican. and bed bath & beyond is not a partnership of three people. to put it simply, you can't always name a man by the company he keeps. that's all for tonight. we'll be back tomorrow. more "mtp daily," of course. "the beat" with ari melber starts right now. good evening, ari. you're in waiting for paul manafort sentencing mode. good luck. >> thank you. we expect it any moment. thank you, chuck todd. >>> there is big breaking news here. at any moment, as mentioned, a federal judge in virginia will be sent ansing donald trump's former campaign chief paul manafort. we know this will happen soon because they've already had one recess and are running late. we expect at 6:00 p.m. in this hour, we expect to get the sentence. this could be the biggest, most damaging day ever in the mueller probe so far. we know that because manafort faces up to 24 years in prison in t

think about like the henry ford example. today i can start of every successful company and not hire lots of people. if i do, i can treat them all like gig workers. i don't care if they can buy my stuff because i am selling globally, and i don't care about my own backyard because i am sort of everywhere and nowhere. our system is not accounting for this new reality. we are stuck in the past fighting food fights from the past. some people think of me as a futurist. i am a presentist. it is 2019. it is going to be 2020. i know what is around corner. the more people know, the more concerned they are. mr. marchand: and, i will finish with this, president trump is either unaware or disinterested and what isere right around the corner as well. chance voters have had a to spend a lot of time with who they want out to vote for in february 2020. it strikes me, and i hope -- it strikes me a lot of folks, as a primary part of how they will decide in the extraordinary field of talented individuals -- it is an exciting field. you really w

don't give the average worker a decent wage where is your growth going to come from you could quote henry fordre they going to buy my cars unless i pay them a decent wage well, we're falling afoul of that you need to distribute the income more evenly and the concentration of income and wealth in particular in the top 1% has just alarmingly increased. it is amazingly economically ineffective. rich people don't spend their marginal dollars poor people spend them instantly. you get a healthier economy with it going to the poor than today. you have to tax the better off particularly the super rich. >> very open and honest comments there from jeremy grantham and we'll have more on the thoughts on china and which emerge markets he likes right now. >> he is not managing the main funds right now, is he is this how he's spending his time climate change >> where he dedicated over 90% of the personal welalth for his management. >>> shares of kroger sinking after a big earnings miss. what executives told understand about t -- us about the numbers next on "closing bell. servicenow put our workflows in the

relevant >> david, you know how they do it by cutting price constantly and boosting service it is a henry fordwhen he took over the -- the auto world this man jassy is one of most impressive people i've interviewed in 14 years. what he's done quietly is build a company that is growing still at 47% with a $30 billion run rate that's the fastest large cap company i've ever heard. >> 47% with $30 billion in revenues so fortnite starts and boom, everyone is taken by surprise by fortnite they run on amazon web services. doesn't cost them anything to run it they charge a little, not a lot. they make fortunes and this is the reason why you want to own amazon this is. not the prime. because people feel prime has peaked i do like the actual classified, the ad business. it is jassy's business that is so exciting. 52% market share. >> they have to continue to invest in data centers. >> constantly, constantly. >> and the way to power them all given -- >> it is the great american growth story they haven't even scratched the surface of europe yet. europe had bad numbers in terms of growth. but when you -- p

taxed, socialist left wing state and yet the fact is that the greatest capitalist revolution since henry ford>> joe, i feel like i should give you my time to speak for california. you're doing a pretty good job. we are now the fifth largest economy in the world. as one state we are now the fifth largest economy in the world. if we are socialists we're doing a better job than most capitalists when it comes to creating jobs. no one creates more jobs than we do. we're number one in agriculture just as we are in high tech. we're number one in manufacturing. number one in clean energy. we graduate more people than anyone else in the country and people keep coming. we're 40 million because we create good jobs, not a bad place to live if you can water ski and ice ski on the same day so there are some things that make people come to california. >> and again, you've got some of the best colleges in the world. you've got of course the tax revolution that started in the 70s in ernest but wentz back before that. even with all of that happening, the past four or five years actually have been even more pos

henry kissinger. >> kennedy: gerald ford. >> jessica: it's been a liberal show since its inception, lorne michaels -he needs to chill out. first of all, it was a rerun this we can. he spent his entire weekend defending judge schapiro and tucker carlson and tweeting out fox news clips. it's like, do your job. call the new zealand prime minister again. it upsets me. >> kennedy: i think you can call jacinda. katie? >> katie: i think you should laugh a bit but it's not like they are making fun of him and covering him. they are lecturing the rest of the country about what they should or should not do and what their morals should be. and if they are not for these leftist proposals like medicare for all and whatever that they are bad people. i think that's where they have gone really wrong. they should cover it a little more evenly because it's funny, and because they only cover one side more heavily. it's predictable and lazy to just continue doing that. instead of being creative. >> kennedy: but that's the thing, you can't come up with jokes that everyone will anticipate. with the presidential cycle now

henry kissinger was u.s. president gerald ford secretary of state at the time. in the one nine hundred seventy four document that was long kept classified he demanded the massive d. population of developing countries and declared abortion to be an indispensable tool for population control. no country has reduced its population growth without resorting to abortion. while women in the united states were still heading to the streets to demand the right to control their own bodies american foundations and politicians were pressuring developing countries to legalize abortion. in the following decades a massive surplus of men was created an angel through the abortion of daughters. the consequences are only present in india today. once again those who suffer most are girls and women of low socio economic standing . like nineteen year olds and gina. made out my mother and older sister died on two consecutive days i was six months old at the time. then my father contracted polio and my grandmother raised me. my father went out to beg and we lived off what he brought back

ford's young mr. lincoln, you might recall that henry fonda's lincoln has virtually no contact with black characters. his real work and involves helping to white brothers who had been falsely accused of murder and in the most dramatic moment of the film, the two of anrs faced the wrath angry lynch mob then lincoln turns back of the mob and after that, melds a successful defense of the two brothers so that he again liberates white men from confinement. yet, and a very halting and hesitant sort of way, some new dealers acknowledged the possibility that race played a part in keeping people down in both the 1930's and 1860's. lincoln's attention to racial emancipation did merit some attention and consideration. when the african-american singer marian anderson was banned from performing in the daughters of the american revolution concert hall here in washington, many figures and fdr's fdr's administration, including eleanor roosevelt, helped to arrange anderson's new open air concert in front of the lincoln memorial. rolealso lauded lincoln's in striking the chains of slavery from marian anderson's ancest

and john ford chipped in by movie his young lincoln with henry fonda's silhouette fading out as the lincoln memorial fades into the strains of the battle hymn of the republic. here is another extraordinary event. 1946, the naacp's meeting, june 29 -- 1947, excuse me. the speaker is harry truman, and again, the catalyst, second from the right in the front row, her head turned, is eleanor roosevelt, who had urged harry truman to make this pilgrimage and to speak. he had just read the story of the brutal beating and blinding of world war ii veteran isaac woodard, the subject of a new book, as some of you may have seen recently. it inspired this one time, at the least, casual racist from missouri. his letters are filled with expressions of racism. to rethink himself and rethink american policy, ultimately, to desegregate the military, but to speak here about freedom and equality for all. again, animated by this memorial which, by then, had achieved ubiquity in many other ways, currency and coin. 16 years after truman, the nation's civil rights leaders gathered in the shadow of the lincoln memor

henry ford had just introduced the model t, and the idea of speedy and safe transcontinental travel was still far outside of our imagination, and even further from being realized. today the federal highway administration oversees more than 220,000 miles of our national highway system and some 145,000 bridges. the sad truth is that many of these bridges are in poor, in some cases even dangerous condition. having been in use far beyond the intended duration of their design. moments from now when ms. nason is confirmed to be our administrator, i think she's going to inherit responsibilities and political realities far more challenging and complex than perhaps all of her predecessors. as the next administrator, ms. nason will find herself at the center of a national crisis because our highway trust fund is going broke and the system for paying for it is broken. last year, mr. president, we spend $1 billion -- $11 billion more from the highway trust fund than collected in revenues, when that happens, it sr turned over -- it is turned over to treasury and said, how about $11 billion. the gene