well i think that he's following up on things said during the campaign trail you know i think it's a smart political move on his part in the united states we have about thirty percent of the population who are evangelical christians to them this is very important to make jerusalem the capital to recognize it as such and so i think the president trump has made a very smart political move to appeal to his base. ok so it might work domestically but it's going to have severe repercussions internationally did he really take that on board. i think so because i think that president trump understands that israelis have been targeted by radical islamic terror groups americans have been targeted by radical islamic terror groups there's really no peace process to begin with anyway that's a mirage and besides there's a one nine hundred ninety five law in the united states passed by congress that says we should recognize jerusalem as the capital so american is and as rallies are already targeted worldwide so this peace process is somewhat of a mirage anyway this just squares with reality i just w

i think it was on the education of this. i found myself wondering what does this have to do with winning elections? smiting bad guys? making things better in the society. i began to understand. every policy is the citizen. ideally well-informed, ethical, disciplined who participate fully in the life of the policy. year, americans did something that has shaken the faith of a lot of people. that's why we are asking this question. has america lost its moral center? the evidence seems to be all around us. we have elected a president that seems to have respected none of the traditional norms. maybe things need to be shaken up but calling into question the respect of the rule of law is and other basic principles is fairly radical. right now we are waiting on the result of an election in alabama appears that a man who -- accused of pedophilia may win. he's being supported by one of the major parties. we live ideologically segregated lives. and different political parties and opinions. the question of the health of our society and mo

i also think we -- it's a conditional use application. i want to point out that the community, good faith negotiations that have happened with this development have not been comparable to what we just say with the lucky penny project, and i think that that's an issue of, you know, respect or lack of of the neighborhood. i think if this conditional use application and lot merger would cast a shadow in construction on the playground of the hamlin school, it would be a very different story, so i just want to be on the record as saying that. >> president hillis: commissioner. >>commissioner johnson: johnson thank you, and i agree with commissioner melgar. i just think there's -- i don't necessarily, at this point, see the -- i don't know that i'm supportive right now, but there's lots of other things we can do. so just also on this project, we talked about the potential impact on the sensitive receptors, aka, all the toddlers in the school, and we actually had a similar project just a couple blocks from here on vanness, where there was a presc

but you know from what i see that i think i fear that roy moore is going to win that race i just think the people of alabama so many of too many of them have dug in their heels they don't want anybody telling them how to vote you know they're willing to believe these women are all liars i think i think they're wrong i believe them i don't believe roy moore and now donald trump is out there on the phone and endorsing him and and saying we need him because we need his vote for tax cuts i have to tell you if you have to in my judgment if you have to depend on a pedophile or a pet or rast or sexual assault. perpetrator to get your agenda through congress then you don't deserve to get your agenda. do you think. well so listen i believe that women i don't think roy moore should be in the senate nor in the republican party but if he wins republican voters will have had the opportunity to elect him based on the same knowledge the u.s. senate has and i don't believe the senate can prohibit him being seated what we saw this week larry is important and it was a market shift three weeks ago we saw

i. think you were did you ever think at the height of your running major companies like you've run. a paid. listen i've i've had several go out of money i've been very lucky larry i'll be honest with you i had a very. modest upbringing and i was able to. you know how chief things that early in my career i never thought i mean when i started with general electric in one thousand nine hundred one i was fortunate to get a job during that time it was a downturn and when i speak on college campuses a harvard or wherever i say i you know i started ninety six hundred dollars in the students will say a week i said no a year that was my starting salary in one thousand nine hundred eighty one so when i look back over fast forward i've really been blessed to have great men and women around me and we were able to achieve very significant things of success and i'd like to think that everybody on the team was rewarded for their effort in their commitment these are today's world these are twenty four seven jobs when you're dealing globally sunday is not a day off when you're dealing in in asia righ

i think that the concern among the administration is that the leadership in and counting has not fully assess the risks of its current course of action i mean so far it's been able to test missile after missile a nuclear weapon after nuclear weapon and suffer sanctions think increasingly severe but really doesn't seem to be thinking through the consequences of where this has lead and i think that the speech which is what was dramatic and of course echoes some of the president's rhetoric was a desire to frighten the north koreans enough and to think to sitting back and thinking about what we're going to end up with if this position continues and it was also an indirect means to put pressure on china russia and others to take a firm stand if they think through the consequences as well restoral selling gold in taipei they have thought through the consequences of the risk of sounding a bit so caustic why would you say they haven't so far and no amount of strong language no amount of u.n. resolutions persuade them do that. well this actually goes to why the trump administration including th

it's a bit difficult but i don't think it's impossible to do this i mean i do think we want to pray a day whatever we can do with technology to make the issues around the border as simple as possible we need to avoid moving away from combined quibble and regulation if we can avoid doing so i mean i think a lot of this is really in the end going to depend on goodwill and common sense and the extent to which people are really prepared to look for solutions that are going to be workable and i will talk about that one of the problems they have had over there what is meant when they said there that the rights the e.u. and u.k. citizens in each other's territories have been guaranteed i think is the euphemism of the word used also last to interpretation well i think that goodwill and common sense. no i think the substantial agreement about what should be done as always with these things is always a little bit of uncertainty around the edges and there's been a compromise over where the european court of justice should get intel but i mean substantially the brightest of citizens both in the

i think there's a link there and i think that this is -- i think hopefully come to more questions about sexual harassment in the workplace. we know this is an issue of all workplaces and very widespread issue. i think it can be particularly problematic for women working in male dominated workplaces where they are the only woman or one of view women in a quite masculine set iting. >> how would you determine what consensus there is with in society as to what should be prohibited. you were saying in one environment this would be acceptable. in society, generally how do we determine what consensus there is to what should be prohibited? >> for the law to decide and it frames it quite clearly and guide ts guides it. >> is society running behind statutory view on that? >> i referred earlier to some polling that was done recently that would indicate yes. a lot of people do not have a good understanding in relation to sexual harassment. i think there is and clare will probably be able to expand more. it may well be that one person may not consider something to be sexual harassment where as someo

i think there's a -- i don't think there's an appetite to self-regulate. >> so the companies that you were alluding to include tech companies and also traditional media companies, and you mentioned some metrics that might be -- might provide more value to society. but i don't know if there's a connection between those metrics and what is good business for the companies. so do you see -- is that a problem? is that -- so many of the media companies are more incentivized to maintain intention, maybe loyalty to that media source which seems like it's not in line, necessarily, with some of the values that were proposed as alternative benefits of these media -- >> i mean, yeah, that's certainly true at the micro level for individual companies. but then, you know, eventually the things that people value and the things that companies value converge. there's -- so i guess, you know, ultimately for example some of these platforms are -- they're paid by advertisers. there's advertisers on the platform, a lot of them are brand advertisers. you know, they want to be associated with things that pro

i think under the baseline i don't see it.athan: if we can stick with this chart, it's an example of where the pressure of the yield curve is coming from. it's coming with the two-year note pushing up much higher over the last 12 months. as you look at that break down, 10's have not done a lot. it has all been on the twos. what will that look like next year? oksana: let's think about why all the pressure on the 10's. potentially, investors view banks as inflation fighters. potentially people view the ecb as the easiest place in the world. that is creating demand for the longer end. what you should not be doing is inferring that bonds are telling us something we don't know, that the stock market doesn't know. i think you have to be realistic. the only thing the bonds are telegraphing is it is an artificially priced asset class. until the artificial demand is out of that part of the market, we should not be inferring anything about its forecasting powers. jonathan: let's be clear, the artificial demand is not coming out of the m

i think it is not a place to be. ld like to play a part in helping to win back the trust of the public and part of it is we got some legislation now that jackie speier is leading. to require sexual harassment training. we have a piece of legislation that will require anybody who is paid out, victims from this secret slush fund, that that has to become public. and the victims, should they choose, to not be subject to a gag order. if they want to speak out about it they should be able to. >> leader pelosi, i think many people felt that as a woman, she has a special responsibility as the third most powerful lawmaker in the country. she has a special responsibility to act and act quickly. did she miss this? >> are you asking amy? [laughter] >> good try! >> is it unfair? >> we have -- on the republican side. who, now it has come out. $84,000 was paid out of a slush fund. i do not hear people asking speaker ryan about why he is not talking about that. [applause] but -- >> if i had republican member of congress i will be ask

i think too much coddling is not a good thing. 3tÑu5xpg us. i know you have a little one. coming up next, have you ever wondered how her good our guys really are at picking stocks? we will take a look at their best and worst from 2017. they will give you their pick to make 2018 a big year to remembe remember. it never gets old. alright everyone, 2 truths 1 lie. i was going to be on the real world, i play the oboe, and i saved a kid's life. you definitely never saved a kid's life. i'm serious, last summer i donated bone marrow to a kid who had leukemia. saving a life, the truth is, it's easier than you think. learn how at dkms.org who knew we were living with a hero? a hero who plays the oboe. (laughter) the best and worst calls in 2017 and how you can still prophet from them. right now, in the scoreboard, take a look. >> we do the bad and the good here on bowls and bears. saving the best for last and starting with the best of the worst. you said take a bite out of mark. >> , keep it because a 4% dividend is too tempting. it will s

i think flip-flopping is fine. i would rather someone who was on the wrong side flip back to the right side.gh so the lying thing is not such a big deal. >> all right, seth weathers, i have to let you back in here. you came up from georgia. you're one man on his own here.e talk to me. t you hear these critiques and hear people saying "a," they feel like--- >> i've been hearing inaccuracies. you're talking about daca, saying trump flipped on that. he did not. >> daca, just to be clear-- >> the dreamers, i'm sorry, the dreamers act when president obamaea signed and president trp said he will sunset in six months unless congress acts.re >> he said all along that was his stance on the dreamers, thah it was unconstitutional for obama to do, that the wait he did that. it has to go through congress. what trump said was i'm giving it six months and givingin congress time to fix it. that's not saying he has any opposition to the dreamers.r it was the process and it still has to be done constitutionally. >> fair enough. >> th

i think we need some animation on that. i hear have you ideas so i appreciate you share that with us. i'm in support of the project. i do share the questions about affordability but i also see the incredible balance act that had to be bridged with staying within 80 feet and having a lot of other concerns which deal with the complicated, somewhat uneven side. there's all kinds of consideration. i'm in principle in support but i want to see what we want to try to do with the motion. >> great, thank you. and i too -- generally agree with the comments made by my fellow commissioners and agree with staff's recommendation on the affordability percentage. i think it would be good to have a discussion on home sf and why it's not being utilized. we hear it didn't quite pencil for this project. i know that block well too waiting in line often to go to trader joe's. i think it's more congestion than parking for the folks concerned about traffic there and i think adding more cars adds more to the congestion. i think commissioner fong ha

i think it would be more volatile i think as long as think stay the course, i think the market is fine. we talked about this, pete's brought it up, i brought it up as well. it's 930 now, so if the the market was concerned about it, it would be manifesting itself as a higher vix. many, many times, stay the course it seems like the market is volati volatile quite frankly not all that volatile. >> i think the fed did a very good job preparing the -- you would have seen more weakness there. when you look at what's going on with the yield curve, tony dwyer will tell you don't have to worry until multiple rate hikes happen and the curve reinvertebrae, as long as the fed continues this message that we're going to be slow and steady, we're going to be with the economy, then i think they're okay we still have a lot of room to go before people start saying, 3 percent ten-year, now i have some options once we get there, i'll be worried, but until then -- >> all glimpses from all fed-speak we've had heard the past two other three months is inflation is a bit of a mystery. it doesn't that goldilock

i think we made the right decision. again, i'm willing to let the american people judge the product that we come out with at the end of this. and i can assure you it's not going to be somebody something that i'm going to be able to influence because they will test it against the house intelligence committee, the senate judiciary committee, and they'll eventually test it against bob mueller's individual counsel. i have every reason to try to get this right. mr. sanger: ok. let's see. in the back corner right there. questioner: senator, given the last point that you just made, and given the fact that you said that the generation of 26 doesn't fact check very much, how much confidence do you have that when this report comes out, that it won't be put into the tribal chemistry that we have in this country right now? that people will take whatever you say with the clairvoyant and the rational presentation you just made and run with it in two different directions, how much confidence do you have and how do we get out of this vi

>> i think that is a fair question. i don't know who it is cord needed by but i would say this, that when yesterday morning the association of fbi agents, and if you ever to make a broad sweep of the symptoms of the fbi agents that i know, the vast majority of them are republicans. but the fbi agents association came out with a harsh comment directed at the white house and the president saying, you know, he does not serve law enforcement writ large well when his comments undermined basically not only mueller but in effect the whole integrity of the fbi. and i would say i would be astounded at this, but for the fact that early on in his tenure, this same president refused to accept the unanimous conclusions of our whole intelligence community in terms of russian active measures and inventions in our elections. so when a president or allies go out and undermine law enforcement or undermine the intelligence community, the damage that that is done, the damage that's done longer-term to kind of our institutions validity, lord

and promised to their constituents they've blocked on obamacare they need to get something done and i think that we will see something but like i said i think it's going to fall short of what he's promised on the campaign trail larry. and so the plan money has to do owners to picking up we don't seem to know the democrats the two key democrats did not attend the meeting with the president. i don't anticipate any democrats will support this idea your viewers probably know there are a number of republicans that have been a little bit wobbly their support has been questionable so that's people like john mccain of arizona lisa murkowski of alaska susan collins of maine bob and of wisconsin now all of these people before this thing goes down to defeat it was the same dynamic we saw with the debate over obamacare so you know watch to see where this ends up going but my sense is that even the shaky republicans are likely to come back to this because there is some substantial middle class tax relief here most americans the vast majority over seventy percent take the standard deduction you're going

i think what i said a year ago is i think we're heading to normalization. what i mean by that is we've been in a very abnormal environment the last seven or eight years. even today, $11 trillion of sovereign debt has anything afternoon interest rates a year ago if you bought a home in denmark, you got a check every month for taking out a mortgage with a negative interest rate so we're heading toward normalization it's half a percent growth in the labor force, half a percent in productivity. add 2% for inflation that's 4%. i think the fed funds rate ought to be 2% or more and the ten-year government ought to be 4% it will take the fed funds rate less than a year to get to 2% and take about two, two and a half years to get to 4% in the ten-year government. in that world the market multiple should be 17. that's my opinion. 17 times 150, which is post tax package earnings, you're 25.50 we're fair valued. markets don't peak at fair valuation, they peak at overvaluation. >> jim. >> well, lee, thanks for joining us i feel a little kindred spirit with you because i'

rules which we i think it is and i also think it's against the spirit i think it goes against the spirit of the the united states our constitution our values i think it goes against us for us to be in there in that situation because yes it is a violation there are very basic rules for a reason you know if we expect other people to respect our sovereignty and the sovereignty of people around the world you don't have standing armies to protect them then we have to show that ourselves and in this situation the united nations has a very strict policy about these things there are only three. clearcut justifications for use of force one is that the un security council un s.c. resolution providing chapter seven authority hasn't happened to a self defense against an act of aggression by the territorial state syria has not attacked us or number three and in the invitation by the legitimate authority of a sovereign state for foreign troops to act within its borders quote can send territorial stay. and watch the u.n. secretary council resolution twenty two forty nine does call upon member states to

i think it has got a lot of holes in it, but i think that is what they are doing. >> tucker: i guesst bothers me -- i'm obviously not in favor of lying to anyone ever -- but it doesn't sound like, in the end, we're going to see the kind of core crimes exposed. it doesn't seem like this has anything to do with what we are told it was about. and it also seems, to some extent, like if he threw an investigation like this at anybody you might be able to -- i'm not defending the behavior, some of the really dumb behavior. this could be done to anybody if you wanted to do it to somebody. am i overstating? >> this is why i was so excited beginning, tucker, that they carry this as a counterintelligence investigation, because counterintelligence is just an information gathering exercise. when you appoint a special counsel, they say you are supposed to describe the offenses that require a criminal investigation, and that the justice department is recused from, and the importance of that, criminal investigation as a beginning and an end. it's got concrete evidence to make elements that you know

i think that's one thing i honor is the confidence with which he walked across the stage of great thinking and great ideas. i don't want to get into partisan ship at all. i live in washington. i don't want to go there. i think john f. kennedy was -- he got the whole country behind it. i think we have something and it is the fight to save your planet which is not so different from the space effort because it was those early photographs of the ef earth as a fragile blue marble in a dark universe it would be great to see an effort along similar lines. >> in fact we recently interviewed kennedy's grand children and asked them about their grandfather. the only grandson said if my grandfather were alive today i bet he would have taken this big idea concept and directed it. there have been lots of great examples who have continued that effort. i think we need to do more of that and set a goal that sat -- at the time seems unreachable. >> yeah. i completely agree. i was not aware his grandson articulated that. >> starting a moon shot is just always the good idea. i think a lot of the technology th

can you think of one? it to be in the studio, where ilya ponomarev, the russian mp, the only member of the duma who had voted against the annexation of crimea, and we'd set it up. and every single thing technically went wrong. such that when he was doing the interview it started raining. and some guy put up an umbrella and you could see this hand come in from the side of the screen! i was like, "this is not really hardtalk! " and then they moved it under this awning, and then the awning collapsed on his head, with this water pouring out. and he was so good—natured. i was sort of giving him this hard time about russian politics. i mean, it wasjust... by the end of it it wasjust like, "thank you so much for coming on hardtalk! i can't quite believe we got there!" it's interesting you raise funny moments, because actually i think sometimes when you conduct a hardtalk interview, although it's hard, there are moments of humour. and actually i think it's a very good way of the interviewee disarming you, the interv

i think that's possible.n favor of democrats coming to the table and sitting down with the administration and saying this is the best way forward. i don't think this is an area resistance, but we also need to hold the line when it comes to making sure the spending that goes into our infrastructure is not just driven by the profit motive. >> that's for cost come down and you introduce competition. bad thing. kennedy, but. >> if a private company is not going to be able to make money by investing in a school to help rebuild it and they're only going to focus on roads, what happens to that school? balance because our schools are a big part. [inaudible] >> surely you are not opposed to contractors building roads or schools. that's how it's always been. even public universities and public high schools, private contractors built those. >> absolutely. >> let me squeeze in here please. >> there's a history of cost overruns on big public works that's why we don't have the money. must we want to cut something the money

and i think we need to turn that down and listen to facts. agree more, but good luck to you in trying to get that done. [laughter] gillian, i want to get you into this. on the foreign policy front, north korea, russia, china, middle east, what are you looking for in 2018? >> i think just quickly on north korea the big variable is whether or not we end up at war with the north korean regime p i'm not refuting bob, i wouldn't dare do that, but i don't thinkç the question of whether or not we're going to war with the north is at all settled at this time. i hope you're right and i'm wrong. on russia, the investigation aside i think the u.s./russia bilateral relationship has taken a nose dive. that is eded by the fact that -- evidenced by the fact, the announcement this week we're now providing them with this major defensive capability in the form of lethal weapons. chris: ukraine. >> excuse me, to ukraine. chris: right. >> president trump is learning what all his predecessors have learned which is that vladimir putin cannot be trusted and cannot

sorry i don't think i don't think anyone saying particular thing i believe i'm saying that you shouldn't mock their religion of a minority but i think when that minority is that upset and sees it as an attack then i don't they want to be surprised that's not to justify any kind of terrorist or terrorist attacks or violence but the pictures of the prophet are towards him like the flag is a toast like you know the national anthem is a toast them and if people feel that they are subjugated and under attack the attack of these totems is taken quite personally i think i think it's interesting here that if you do it all the violence that erupted in the aftermath of the publication of the cartoons all the violence happened in places where you did not enjoy freedom of expression let's pause violence from zero because on any three of us support violence against anyone just about the actual substance what nestle raised about a community feeling under assault a lot of danish muslims who don't we should any harm do feel as if they were demonized in a time when the far right in denmark who you've cri

but i think we got fortunate. we found a very capable man who had been trained in new york at morgan stanley years ago. he was running a boutique. then we got lucky again because when i told him what i thought we could pay him to take on this assignment of finding investments he said i make more than that now, why would i do that? then a light went off in my head and i said i have an idea. i said you should form a management company, we will be your first client. you will manage some of our money and we will pay you a fee. when the enterprise fund liquidates out, you are going to have a very major asset manager that will be very successful. and he liked that idea if we helped him do it. and we did do emt and today it is a very successful asset management company. and five years from now, it will be a very large factor because they have the best talent. they have drawn in the best talent in my opinion that i have met in cairo who are running it now. that was the first business and that was an early on decision to cr

ny of them ar jim: i think the board will decide that. ily: so he is on the board. , some people think he should not be on the board at all. jim: i think the board and travis will decide what his role is going forward. i suspect travis will remain a large shareholder of the company and hopefully a positive player in the company's evolution. emily: has your position on travis's role changed? because tpg did not sign that original letter asking for him to resign. i am curious how your own has?ion as a main investor jim: we have a huge amount of respect for what was accomplished by the company and , what was accomplished for ridesharing generally. companies have to evolve, so we have then in favor of evolution positive ways. i don't think that is necessarily a focus on any individual, but we are are pleased to see the company moving forward on a number of fronts in the way that they must. emily: what is the lesson you think tpg has learned from the way uber -- from the way the uber story has a full to? jim: i think uber is a company that work

toward the goal of a more in gauged society is through the educational system i think think i. one thing that more universities can do the higher school is trying to do this is to. is to teach students not just the conventional curriculum but it's. how economics and politics. do and would interacts in a in a well functioning society you know the soviet union also had a great educational system and even higher institutions despite having an extensive curriculum marxism-leninism they actually had pretty solid fundamental expertise. in sciences social scientists mathematics physics and so on and so forth but i think the perennial problem of russia is. translating that extensive knowledge into practical outcome making about knowledge work. so the soviet union was great at technical knowledge they were they produce great mathematicians great physicists not such great social scientists so i would say. well if you make a case that. communism was a constructed reality done it lasted for seventy years and i think you know given that it lasted for so long. it requires a militia the econo

i think that's the part of the job he wanted. state, and to be the pot stirrer and all of this other stuff, gosh, do i have to do this too? >> all right, i think 2017, the time's person of the year, whistle blowers on women, you just told us, feminism is the word of the year. it's an understatement to say culturally and i think many people think that women are speaking out more because of the election of donald trump, but here's sort of a highlight of the year. >> hollywood titan harvey weinstein fired from his own company. >> kevin spacey. >> lewis ck. >> matt lauer. >> sexual harassment has no place in any workplace, let alone in the united states congress. >> we are in the midst of a cultural revolution. >> was it one accusation, is it two? i think there has to be. john conyers is an icon, however, congress conyers should resign. >> he is not going to be pressured by nancy pelosi or anyone else to step down. >> in the coming weeks, i will be resigning as a remember of the united states senate. >> the president has firsthand kno

oh i think definitely it's premature to declare total and final victory i think there's room not sat. there slavic state is moving into a new mode and they're moving from control of territory mode controlled cities mode into an insurgency was something they were talking about doing even a year and a half ago and that's a strategy that they have a mare implementing it now step by step well what sort of insurgency do you envisage emerging rob i think we could compare it in some ways to what the islamic state of iraq was doing say between two thousand and nine and and eleven the group was not nearly as strong back then in many ways very think they have more fighters left now but it involved everything from. hit and run ambush attacks in western iraq in unbar province in particular. targeted assassinations of key security and political figures and a general effort to in a sense show that they still existed and to deny full control of towns and roads by iraqi forces backed them and that enabled them to sort of keep going and as events in syria then. got worse for the syrian government ther

can think of one. ♪ so how old do you want uhh, i was thinking around 70. ght, and before that? you mean after that? no, i'm talking before that. do you have things you want to do before you retire? oh yeah sure... ok, like what? but i thought we were supposed to be talking about investing for retirement? we're absolutely doing that. but there's no law you can't make the most of today. what do you want to do? i'd really like to run with the bulls. wow. yea. hope you're fast. i am. get a portfolio that works for you now and as your needs change. investment management services from td ameritrade. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. retail. under pressure like never before. and it's connected technology that's moving

>> yes, i am where. >> what do you think of that >> you know, i think it's still being formed i thinkides more flexibility and provides one really workable set of alternatives >> i do believe the best way to make progress in fixing obama care or aca is really through bipartisan the other point that i think is really important is that we have to continue to focus on increasing access to health care the other thing the aca did is it legitimateized the transformation of the health care system, and it made it a determine conversation in many households, which i think is very important >> the individual mandate will strip costs, but we have premium that is have gone up significantly already. individuals who are buying on exchange are paying for the individuals who come in and out of the system and are using the health care and then not paying a premium. i think if we really want to increase coverage, we really are going to have to look at both how we finance it, but more importantly, how we deliver care i think this cvs-aetna merger is one example where we can have a very meaningful impact

i took a quote from the president's, i think it was yesterday. he said, as a candidate, i promised we would pass a massive tax cut to the everyday working american families who are the backbone and heartbeat of our country. now we're just days away from keeping that promise, and we want to give you, the american people, a giant tax cut for christmas. the giant tax cut is going to be for the very, very wealthy. according to the bills that passed, and i do not think they will differ and they make it worse on this millions of , families, next year, 13 million are going to pay higher taxes, primarily in the middle class. 10 years from now, that figure will be 30 million paying more in taxes, while the wealthy -- and i just checked the data -- it will be for those over $1 million, they will get $73,000 in a tax cut. you know the republicans like to talk about averages, but when you break them down -- and i asked the head of joint tax to tell us what is behind the averaging, and that is what he came up with. by saying, is centrally, a lot -- essentially

>> i think so.roader ruling, rather than the narrow ruling that just exempts the baker on free speech grounds. i think you want a broader ruling that will cover the florist, photographers and others. >> thank you all, fascinating. we have to take one more break. we have to take one more break. when we come back, hits and before i had the shooting, burning, of diabetic nerve pain, these feet... loved every step of fatherhood... and made old cars good as new. but i couldn't bear my diabetic nerve pain any longer. so i talked to my doctor and he prescribed lyrica. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use ma

i think both are interesting. think i'll seven -- all seven companies are sucking up the world's top talent, which is not good for entrepreneurship and from an antitrust standpoint, and i think chinese companies probably the one part that sets them apart from the u.s. companies is there is not as strong a concern or regard for antitrust consequences, so you see the chinese companies really building empires, whereas i think the american companies having seen what microsoft went through with antitrust, what google and maybe facebook are going through, are more cautious with their core business. emily: can baidu, tencent, and alibaba become substantial players in markets were google and facebook are dominant. kai-fu: i think the chinese market as a market is probably larger than the rest of the world combined. not in the number of people or in the number of dollars, but if you think about the number of people who can be online and immediately be paying for something. this is 730 million people fully connected, can pay

i think this is a tricky question i don't think it's one that anyone has come up with a satisfactory answer for it makes me quite nervous to legislate on hate speech because who does who legislates who gets to say what's dangerous and what's not. but at the same time i also very aware that hate speech does lead to. radicalization whether it's the fact that we've seen increasing attacks against black people and muslims in the us how all of that in the u.k. . radical muslim organizations kind of were allowed to preach freely and they didn't and magical ization so i think that there is a direct correlation between the unfettered permission of hate speech the rise in hate crime and the incitement to hatred but also from a row said power is fluid and transience and i don't trust legislators to make those. those demarkation in a way that then that applies universally or of authority if you if you if you look at the few stories on the relationship between speech and actual violence there is no correlation i mean in fact in country where you have more freedom of expression that is you can do