>> there is a chance he is nominee. >> so he is dead. there is a marginal chance. tim: kamala harris. >> alive. tim: you have been more bullish on her. >> i believe she checks a lot of boxes, and if biden declines she has an opportunity. whether she takes it is somebody else's deal. tim: beoto. >> who is that? >> the reason why he is not going to win is because he lost his base, the media. when the media leaves you you never come -- they never come back. i thought they would come back during the tragedy of el paso, so i thought he had a second act, but that was fleeting and it did not work. still on his vanity road trip and does not have a chance to win. >> this is a perfect example of modern-day politics. he was sexy because of who he was running against man who he was. he was running against darth vader himself. issuddenly became -- he playing air drums in the whataburger drive through, who the hell does that? he was a caricature of who he was not, so he was never a life candidate, ever. eto is dying, the next time he goes to the dentist and does a facebook live,

is manageable, but it is not dead.argument for that inflation deficit has lost some of its persuasive power. i think the fed can let things bubble up a little bit. we want to get to the symmetric goals. it is encouraging. it is harder and harder to say there is no inflation. there may not be much inflation outside the u.s., but in the u.s. we have some. alix: good point. kathryn: i completely agree. i think the impression and negative interest rates throughout the globe is inflation is dead and buried and it is a phenomenon that is not going to go back to haunt us and it is -- but it is a monetary phenomenon. i will say one point. i am looking forward to the 10:00 university of michigan consumer sentiment number because if we get consumer confidence remaining high, then we should expect the spending upber two take up -- to take , especially on the back of wage growth. we saw consumer confidence disappoint slightly. that is the number one indicator i am looking at right now to determine where we are in the economic cycl

is it one more? is it two more? where is the point where the market goes, the fed is trying to start something a little more damaging than we had priced in? >> i think it will be the reverse. i think they will only go one unless scott very weak. i don't think this fed keep on going would be a signal to everyone else, they say problem -- they don't see problems enough for more than one. as you know, a majority of them don't even want more than what we had last week. the only way we would get 2, 3, 4 is if the data in the u.s. started coming in very weak. and that is not good news for equities come in to say the least. but i don't think it would be the fed moving a people sing, oh, my god, the fed sees is something we don't. at this point, the fed doesn't see anything we don't. basis point, in 25 and my opinion, would only come from much weaker than expected u.s. data. vonnie: jeremy, do you see that coming down the pike at all? today we saw manufacturing holding up nicely. we had a downgrade of the entire steel secto

that is why opacity is a problem for these guys. it is bifurcated.nvestors separated into its own category. dogs -- s, data joe: what do you make of the awful debut for smell direct club? didn't seem like there were any indications of lack of concern and that of total bomb -- and then a total bomb. rett: i hope it rekindles discussion of what happened with uber. this is the same but more. how do you close the book at one price and have a trade 20% below that price the next day? it is like a management issue as opposed to anything that has to do with clear plastic braces or whatever it is. caroline: is this something that ipo bankers are grappling with, something that price providers are grappling with? or isa citadel problem, it jpmorgan and goldman sachs? rett: it is all of their problem, and when you are not transparent and it makes the job of raising these things that much more difficult, and it is already an intrinsically very difficult thing to do. when things, along like beyond at -- nobody can explain why the company trades the way it trades -

this is a strange system that is something between this is change system that was clinically dad 15 or 20 years ago and that is trying to make something of itself i mean it's not you know sort of looking from the top down and it's trying to pull it solved by the bootstraps that's a critical difference and i think that's how you should consider the trajectory is it getting better more transparent or is it you know getting worse this is one reason why unfashionably optimistic about russia trajectory in a way we have 3 different processes the kind of coming together there is and this is the sort of the story of often sort of deeply corrupt or lazy local elites who just simply want to continue to hold power so then there is the job we do have pressure from russians to actually have a say in their in their own. and what what matters around them and then doesn't necessarily mean they're anti kremlin i mean you know for some it's absolutely that they want more of the same and so forth but nonetheless the point is our voices need to be heard that leads me into the 3rd element which is which

that is from that period and that is what it is about. just to show you a couple of examples, this i love. this is a very sociable bicycle. there are all kinds of different you can't see well here, but i ones. don't think she even has a wheel under there. i think it is sort of like a sidecar, it's kind of balanced. i have to look into that. right? but you can take a wife, have her there. bang --who has written ridden h&m, they often get -- ridden a tendem, they often get no view. this is a guy named major taylor, a new book out. number one racer in the country. obviously, african-american at a time when african-americans racing against white wasn't typically done. so the fact that he made a career in the business is incredible. when theyer hand, travel, he had to go to certain hotels and so forth. but here's what i want to touch on real quickly. so there are a lot of these women's clubs, women's biking clubs, and they were part of the suffragettes. and women's in power men in the period. one of the things you will notice is they are weari

it is higher today, the pound is lower.t in terms of some of the is half theftse volume they would normally trade. the london market is deeper and broader. it is trading around two thirds of the volume it would normally trade on. that is the impact the labor day holiday is having on markets. the closes next. this is bloomberg. ♪ 30 seconds until the end of regular trading in europe. not exactly regular trading. very light volumes. not much action when it comes to the headline numbers. a lot of gray in europe indicating these markets going nowhere. the ftse 100 up by 1.1%. the dax trading up .1%. well.c 40 up .1% as in terms of what has been happening, the pound has been the biggest factor in equity market movements. the pound going down. for manufacturing data and the politics of what is happening in westminster dragging the cable rate down .8%. it started around 9:30 this morning, that is the impact of the manufacturing data, and the politics has pushed us further down throughout the day. i is worth making the point, do no

is on the scottish. -- is the scottish.ey have a referendum, last time, spain made it very clear that they did not want scotland to rejoin the european union. in your view but if scotland said we wanted to come back to the european union, which spain now be more welcoming? >> [laughter] it is a very tough question. it is a domestic and political issue and i respect bridge politics. -- british politics. we are following closely what happens and we have our territory of tensions and persistent problems in catalonia. understand the problems in catalonia that a referendum is not a solution. it divides societies and creates a huge fracture in societies. does not give a positive or constructive way out. i think it is much better to open a dialogue in order to restore and rebuild. left of then european union and the scots were thinking about going independent, spain would not necessarily be very supportive of that. >> we would think about it. >> you saw president rouhani yesterday. do you think the iranians were responsible for th

of the bridge, that is being cleared but traffic is still on the bridge and this is 280 with slow trafficwntown in the northbound direction. >>> attorneys are scheduled to make their opening statements after a delay was pushed back. we are live at the county courthouse with what we can expect. >> reporter: opening statements will start at 10:30 this morning and the prosecution is also expected to start preventing evidence. we spoke to the district attorney this morning who says this will likely last until the middle of october. there'll be a prosecution witness but he was arrested after he tried to contact a defense witness on instagram. he was originally charged with murder along with the other suspects. there is a plea deal to testify against them but the plea deal will be set aside and he might be looking at a murder charge again. >> it was a period of time where we had a deal of whether or not we would be utilizing the testimony. i made the decision ultimately that we would not because as a prosecutor, we no longer filled the evidence is trustworthy. >> he was reported missing on apri

this is a long euclid, this is the east facing view. there is a section, that i was referring to, that some of the neighbors had referred to that is on the north side of that green, along laurel where we are proposing townhomes, and that is currently green space that we are proposing to eliminate to include a couple of four-bedroom homes. >> the height of those homes are 40 feet? >> 40 feet. they are actually 30 feet, they are set back approximately 25 feet. they have a 30-foot element, and then there is a 40-foot element is set back from the 30-foot height. so the total is 40. >> from the curb is 25 feet. >> i believe it is the end of the sidewalk, it's approximately 25 feet. >> maybe you can tell me, laurel street is how wide? in trying to understand the impact of what this request would do. you know the width of laurel street? and then on the other side of the street, the homes have a setback as well? >> the homes do have a setback. >> do you know the average setback? >> i would guess that the average setback is probably 25-30 feet.

what is puzzling about this trade negotiation is that it is on twitter, it is on all sorts of announcements. but trade deals are usually well-prepared months in advance. then you just declare what you have reached at a conference, at a meeting. this is not what is taking place right now. anna: sometimes it seems we are trying to reconcile two worlds through the narrowness of trade talks. thank you. you stay with us on bloomberg daybreak. coming up on the program, talking a lot about cars. bloomberg races off to the frankfurt auto show where matt miller is waiting to bring us some fantastic interviews. a stellar lineup. park yourself and stay tuned. plenty more coverage of electric vehicles and beyond. this is bloomberg. ♪ s bloomberg. ♪ manus: this is bloomberg daybreak: europe. anna: let's check in on the markets now from asia. we are joined from singapore with details. >> we are seeing the bond selloff continue in asia. up by six basis points. when it comes to markets, mixed to flat on the asia-pacific index. --have banking stocks look looking pretty good in japan. weaker yen also helping

#bbcos is the hashtag. the deadline is october 31, and borisjohnson‘s as it is happening that way.ch time boris —— members mps have. as we are seeing, opposition parties are working with some conservative mps and they have worked together to produce this bill. the one that, in the end, will be voted on. it would force the prime minister to delay brexit. that date is important. it is day after a european union summit which borisjohnson is day after a european union summit which boris johnson has is day after a european union summit which borisjohnson has repeatedly said will be the moment when an agreement is possible. one thing we should add, though. before trondsen and the eu were to reach a new agreement, the uk parliament would still need to vote it through, and theresa may can tell us how hard it is to do that. three times her deal was defeated. defeat this evening would appear to point towards the prime minister calling and election. we will see how that goes. well, passions were running high before the debate even started. conservative mps backing mrjohnson questioned speaker

it is hard heart-wringing work, but there is almost 330 americans, and i know that there is nothing that we can't accomplish if we stand together. >> joining me to talk about the speech, is mike in birmingham, and as promised "a.m. morning host" joy reid, and so now we will start with mike, and what are some of the headlines out of the speech? >> well, joe biden has talked repeat think throughout the career of the civil rights that motivated him to enter public service, and he joined the services here today to remember 56 years ago today that took the lives of four young girls in a bombing. it galvanized the civil rights movement. he wanted to give a deeply personal and yes a political speech and putting this moment into some historical context and especially given the recent episodes of white supremacy and incidents today. the vice president is trying to put it in a historical sweep as well talking about how america has always aspired to the lofty ideals and quality and justice, and clearly as the bombing showed, but recent incidents like in el paso and the jewish synagogue in pittsburg

it is complicated, because it is not completely a cesspool, it is just the way it evolved. you brought up the idea of public square. everybody thinks of these companies, that twitter is a public square, or facebook, or read it, or any of these sites. the fact of the matter is most of them are private squares, owned and it to the benefit of billionaires. so, it is not a public square. what we do is the give them rights of the public square, but they are not given responsibilities the public place. so the metaphor i tended to use, which i love to know what people think, is they have built these great cities -- cities are wonderful, they are full of ideas and diversity -- they built these great cities that they run, except they have not provided, and i said this many times, i have written this in the new york times, they have no police, fire, street signs, streets >> trash collection >> trash collection, none of the functions of a major city. it is sort of like the purge every night, do you know what i mean? and, maybe you will survive. at the same time, i don't know if it is

what is happening here is that this government is being run by nigel farage, and that is what is going on here. >> the fact is what this house did today, quite clearly, was to weaken the negotiating position of the prime minister. and we all know that the european union listen carefully, and in fact they have a direct line from mp's in this parliament. they have daily contact with them sometimes right over there. we know what they are saying. they are saying, don't give in to the british prime minister because we can resist brexit. i am not sure that is going to happen. we know the british prime minister is already in discussion with people like angela merkel and various others within the european union to ensure the problems that existed in the old deal are removed. but by the bill passed tonight, it gives the european union no incentive whatsoever to come to the negotiating table and to have a proper negotiation. i have just come to -- at least the honest party as well as the scottish nationalists all saying they do not wish to leave the european union. in fact, when we had that refe

and one of the things that is happening here is the traffic is slow.erson in the car got out safely. the car did suffer major damage. it was a late 1970s lincoln continental. it looks like a nice car that went up. the bridge traffic itself. i'm going to go back to the bay bridge. look at the backup here. look at the carpool lanes. it is really slow. they're getting that car off the bridge. the damage is done. 880 freeway. slow as you pass oakland airport and the coliseum area. we're looking at 880 slow to fremont. and silocon valley commutes are slow. there goes caltran. back to the desk. >>> we work is with drawling its public offering. they gave a statement to bloomberg it still wants to eventually go public but wants to quote, do it right, end quote. the founder resigned as the ceo. >>> gas prices are spiking making it harder to fill up your tank. san francisco has the highest gas prices right now averaging 4.13. >> the rest of the california is just above $4 a gallon. we go to walnut creek. you found one of the top stops in the east bay. >> reporte

what is it? david: botc is coming up next.s bloomberg. ♪ rishaad: you are back with bloomberg markets and back with battle of the charts. team leader in the hot seat and our reporter. they are going to pit their best chart against each other. access the charts on the bloomberg function bottom of the screen. let's kick things off with the boss in this relationship. [laughter] >> thank you. good morning, david. i'm going to talk about a stock market that has seen the biggest net setting by foreign investors in asia and that market is india. if we dive into the chart, we can see that net selling has been going on for three straight months and that is the longest stretch since october 2018. the trigger for the big selling was initially triggered by the announcement in the budget about the wealth tax and that combined with gloomy economic outlook, consumption slump, as well as a shadow banking crisis. government had really carried out measures including the big merger of the banks and the cancellation of the wealth tax. but that ha

of data from users, so i think there is a real convergence, and the other issue is that data is a hugeompetitive advantage, so as these companies are doing acquisition after acquisition that gives them unique data sets, they are creating barriers to entry for competitors and really fortifying their monopoly power. taylor: sally, how would they compete with big tech in china, let's say? sally: you know, i am really not so worried about china. that is kind of a red herring. i am much more worried about american businesses paying a tax just to be discovered on the internet. a represent asked google -- a representative asked google, it is true that 50% of searches go to google websites, and google was not able to give "no" as an answer to that question, so what we have is google taking over the internet because it has such a huge monopoly share. it is able to prioritize its own websites at the expense of every other business in our economy, so i am really not worried about china. rrit, one of the legal barriers here is talking about how the consumer is harmed. as said, google is a free ser

is necessary. the road to hell is paved with good intentions. you see a lot of policies that are supposed to lift up the people of the country, and they dragged them down. so a really good politician should figure out the policy, figure out what can be achieved in the political environment, and then get it done as opposed to thinking an over simple stick thing is going to work. you seem countries around the world doing great for the people, and countries around the world doing terrible. the terrible is always in the name of good, always. just listen to the politicians out there. so do the right policy and move on. if you don't get reelected, so be it. francine: how often do you get asked if you want to run for president or for public office? >> pretty often. [laughter] francine: and your answer has always been no, not now. >> my answer hasn't always been no, but my answer is no. [laughter] i considered it at one point. my wife had a funny line. for any you can run office that you want, just not wit

it is not something that is a concern.e extent the company is able to continue to move toward the path, toward more -- normalized profitability over a reasonable timeframe, that forms the basis for r rating. we did downgrade the company to a b category to reflect there is additional risk since the company is deciding to push that point out farther. taylor: wonderful pure that was kevin mcneil with fitch rating. thank you for joining me. longtime alibaba chairman jack ma retires from the company. what is next for the chinese internet leader. next for the chinese internet leader. this is bloomberg. ♪ this is bloomberg. ♪ taylor: this is "bloomberg technology." i'm taylor riggs in san francisco. tuesday, marked an end of an era for chinese internet giant alibaba. chairman jack ma stepped down bigs executive chairman. the biggest e-commerce company had more than $56 billion in the last financial year. ma became china's wealthiest man with a net worth of more than $40 billion. we take a look at his story. >> jack ma started out

is it warren or is it sanders? sometimes sanders is up a couple of points. in this poll, you can see warren is getting separation from sanders when it comes to second place. warren is only 6-point behind joe biden for first place. she's closer to first place in this poll than to staanders what's moving the number up for elizabeth warren look at who's down at 5% at this poll kamala harris. after this first debate where she had that show down with joe biden, her numbers took off. she was up 20% it has come down to 5% looks like elizabeth warren has been a major beneficiary of kamala harris falling down sanders and warren, there are differences believe it or not and the coalition they put together but there are a bunch of voters they are both fighting over it looks like warren at least in our poll starting to get the better of staanders we'llsee a new trend if it wil endure >> andrew yankeg is talking abot the feedback he's in fifth place in this poll >> i will show you interesting thing about andrew yang. look at this on voters under the age of 35. look where

economy is. parts of hand, certain growth, especially domestically, that are holding up. >> you can make the argument that the fed should not do anything. >> on the other hand, you have trade war, geopolitical risks. capex spending is going down. >> you will find more and more divisions in the committee. joining me here in new york city, priya misra, diana amoa, and krishna memani. priya,egin with you, your thoughts on the potential of another rate cut before year's end? priya: we are looking for another rate cut in october. in someis putting insurance cuts. our view is the consumer will show signs of stress, so we see the fed cutting three more times next year. i think relative to where they were in july come in july, chair powell said midcycle adjustment. we are cutting down but we may take it back. i think that was a communication mistake. when i heard this week is we don't know, we are still in the process of running this midcycle adjustment -- and noticed he didn't use the word midcycle adju

this is a bill that is flawed. i urge colleagues across the house to oppose it at their greeting. -- third reading. >> the question is should amendment in be made? aye. the contrary no. [overlapping conversations] amendment 19. if you can't hear [indiscernible] [overlapping conversations] [overlapping conversations] >> the question is, will amendment 19 be made? ayes, and for the no's. [overlapping conversation] [overlapping conversation] [overlapping conversation] >> we are bringing you live coverage of the british house of commons debate on brexit. members have been considering a bill that would block the u.k. from leaving the european union at the october 30 first deadline without a deal. earlier they held procedural votes. members now as you can see leaving to cast their votes and returning on the third reading of the bill. sky news tweeted prime minister boris johnson has told the 19 22 committee of conservative mps that there must be an election and britain will leave the eu on october 31. an election is one

the 10 year is no exception. crude is up just a tad. it's time now for the global exchange, where we bring you today's market moving news from around the world. joining us from hong kong is in the current, maria tadeo in helsinki, michael mckee in new york, and kevin cirilli down in houston. there was a bloomberg report trumpday that president might have a cease-fire, and the president basically confirmed it. pm johnson: i see a lot of -- pres. trump: i see a lot of analysts seeing we will do a piecemeal. easy or hard. there's a deal or there's not a deal, but it is something we are considering. david: there you heard it. it looks a little like the chinese may have responded this morning. right.xactly some economists are talking about a mini deal. there's the prospect of china buying some u.s. agricultural products and exempting pork and soybeans from additional tariffs. expectedtowards these talks in october at a high level between both sides, there is a word of caution as well in all of this. china has always been in the market for mo

it is challenging to eat healthy. healthy food is expensive. not having enough food impacts the entire household, not just one member. being food insecure is because of not having money and the resources close to you. one food program is not enough to solve the problem. this impacts all sectors of society, especially health and education. it is severe in early life and they are lifelong impacts. food and nutrition is critical to support a healthy pregnancy and developing baby. the first thousand days after conception are the most important time for brain development. it is between conception and two years old that 80% of the brain is developed. future health risks, also, can be programmed during this early time of nutrition including obesity, hypertension and diabetes. calories are not enough. key nutrients needed to support nurral development are missing from low-income pregnant women's diet. cheap food is low in nutrients. not having enough food at this time may lead to lifelong deficits in the brain. as supervisor stephanie said, food insecu

the third unit is again just added. that is not what is on appeal. what is on appeal is the two unit building. the concern of the displacement of the tenant, 30 plus years, as i understand it. the commission did not think that this was appropriate project, the end of the day. they denied the application. i am available for questions. >> you commented on the haa, which i'm glad you did. what about the argument that there are constraints on the planning commission's exercise of authority and the exceptional extraordinary circumstances, in particular that the exercise of authority is limited to design and authority code considerations? >> it is just as broad, and the discretion they can take into consideration, a number of facts as this board, as i said before, it's the same authority under section 26 of the business and tax code, is that right? 626. it is pretty broad. >> thank you. [inaudible] >> the action item only refers to this dislodging of the existing tenants on a rent control. is there a reason that they would not have addressed any design iss

it is not new, but there is a new existential urgency that is being infused. we see it in many forms. we see it in the global youth climate strikes who have invited all of us to join them on september 20. amy: is millions of students plan to walk out friday in a global climate strike, we spend the hour with naomi klein, author of the new book "on fire: the case for a green new deal." growing climatehe crisis and once the globe is fafacing the beginning of climae barbarism. >> we sometimes talk about how governments are not responding, particularly like the trump administration. but the truth is we are seeing a response to ththe climate crisi. we are seeing climate adaptation, and it is taking the form of borders, the form of rising white supremacy, natitionalism of all kinds thats actually using fears of resource scarcity to fuel this agenda. amy: today, naomi klein for the hour. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. iran has rejected possible talks with thehe united states as tens

california is ruined. i used to be stationed out there. that state is dead. it is so dead. there are parts of our country where it is just crazy what we are doing to it. press is told -- is totally against trump. host: let's take your point about immigration. are democrats talking about it and is there a concern within the party that they could lose moderate democrats, independents over this issue? guest: two straight callers, i need more coffee. some policy questions out there. about the media, people are frustrated. the washington post is not part of the democratic party. it is not part of any party it is an independent news organization that pursues the truth. i would not want to work anywhere that did not do that. put that aside for a second. immigration,on of democrats collectively confronting a president who is so hardline, nationalistic on the immigration issue and that has been his electric issue politically on the right side of american politics. they also see themselves, seeing a lot of energy on the left because president trump has made immigration such a key iss

that is what is behind the book. that's it. thank you all. >> speaking of history, we just had some. we are less than 24 hours past the election of barack obama. a long campaign. lots of words. what was the slogan? >> well, since slogans like history are never written by the losers nation first is not going to be one of the survivors. drill, baby, drill might be although i don't think that the governor realized it is a play on burn, baby, burn. one that i thought was going to last might get lost is yes, we can. and i loved it when he started. it partakes of the children's back we know the little engine that could. it also picks up on the repetition of the optimism that is basic in american life and you can see any number of it's the same idea as tomorrow is another day. i thought it was a loss because it was dropped as soon as barack obama clearly was going to make it. but he brought it back last night and he brought it back in a very, very interesting way. i think of american cultural life as every time we get a new president

i think the fed is worried it is fragile.tion, if what we see a pickup in economic growth, manufacturing back on track, then, yes, the fed will be back to tightening. the problem in the united states notarnings, they will expand substantially in terms of growth. it needs the economy to take a along at a steady pace, and that is why we see volatility recently. with the possibility of a trade dispute resolved, nothing untoward happens in the markets. given the economic situation, it is fine, but if we see strong growth, you are right that it would trigger the fed raising rates were tightening further. i think we are a ways away from that. matt: that me ask you about ray dalio's forecast on david rubenstein, he thinks there is h wi-fi percent chance of a recession in the u.s. this year or next. he may be bombed out after coming back from the burning man festival. the you think that is a high probability? saker: possibility, yes, high probability, no. 25%, one in four is not that huge. there is an outside chance of a recession. i

that is how bad it is.k: from an investor's point of view, there are a number of ways of looking at this. you should be concerned about the risk you are taking relative to the reward you might get, but some people are just looking for returns, and they say a year ago the 10 year treasury was yielding 3%. today it is yielding 1.60%. some people think it is headed negative. that is the case, i just need to hold and mike a lot of money. mark: i can't argue with that. you make a great point in that we need to think about a trade like that. we need to think about bond investing is much more of a technical allocation as opposed to a strategic one. , youhnical one would be got to make this call right. you're making this macro call. you better be right. a strategic one would be more about how you structure your portfolio for the long run. how you raise your compounding based on how all of these pieces move together, vis-a-vis each other. i think people understand that when they are putting all this money in bonds,

that is next and this is bloomberg. ♪ david: this is "balance of power westin.m david mark: hurricane dorian is menacing the u.s. east coast. the storm is lashing florida after ripping through the beatingin a two day that cause damage that may cost the island billions. dorian has weakened but is still packing winds of 105 miles per hour. forecasters say it could make landfall as a category 1 storm thursday. the european union is warning businesses and people likely to be hit by brexit to prepare for the possibility that britain might leave the block without an agreement next week. as. officials have released checklist for companies to use. they will minimize disruption to trade. the commission also wants to make funds available for those hardest hit by a no deal brexit. hong kong's chief executive has made an about-face that may help ease tensions after months of protest. carrie lam has withdrawn legislation to allow extradition to china, but she knows that may not be enough. >> after more than two months of social unrest, it is obvious to many that this contain

>> it is 100% accurate. this is partly my next book, which is setting the u.s. conflict in the context of others around the world. i am not getting all the way to the paris commune but that is a useful story. the paris commune of 1871 is a workers revolt and an enterprise. paris is going to make itself independent. the national army suppresses that. at the end of that, they killed probably 25,000 people in the streets of paris. bodies were lined up. there are famous photographs of this and of those who fought on behalf of the coming. -- commune. 25,000 were killed just there. nothing remotely similar. in the united states, henry was killed. champ ferguson is killed for war crimes. there is a handful but there are no treason prosecutions. bill blair's book on this talks about the rapid shift of sentiment in the north to sympathy. in the context of the rest of the world, you don't take prisoners, you close that city up and you let it ferment for weeks or months. until 10,000 people are dead of calera, and then you take the city. nothing like that ever happens. the

that is an equal or later discussion. >> that is about threat assessment. that is about violence. i am going to answer your question. i went to oberlin in the 1980s. i know a little bit about identity politics on the left. is there anti-semitism on the left? yes. there always has been just like there has always been anti-semitism on the right. do people within the left, in making their passionate arguments sometimes ignorantly, sometimes knowingly glom onto anti-semitic rhetoric, ideas, programs, absolutely. as it happens on the right. many of the scenes are the same, jewish power, jewish money, jewish royalty. anti-semitism is anti-semitism. you said the president's ongoing feud with the squad. this takes me back to the disloyalty comment, this is not a feud, this is a fight the president picked, he is instrumental rising this issue for political purposes. when he spoke about loyalty and disloyalty i don't think -- he wasn't talking to me but evangelical voters. he instrumental i asked this issue, people on the left to do it too. i don't like describing that is a feud. i think he

is or something on the san mateo bridge or is it my imagination? there is slow traffic there. that is for sure. we will include that in our run day rundown. we will start with the richmond bridge traffic ticket looks ordinary. remember plate villas i used to say or plate gait, they have fixed that and traffic is now normal at the richmond ridge crossing over to marin. this is a look at 80, 35 minutes from the macarthur may. it is still not that slow or out of the ordinary. if you drive over the bay bridge, it is 15 or 20 from here. if you are down -- driving to the san mateo bridge, the traffic is moving. there was a small delay. southbound 101, it is slow from a earlier crash. 280 is a better bet. the silicon valley commute is beginning to get a little slower. this is northbound 280 in downtown san jose. it is a little slow on the right. 703, let's go back to the desk.>>> 9/11 events are being held here in the bay area around the country. it is been 18 years since the 9/11 terror attack early this morning, this happened. a huge american flag was unfolded live near the pentago

is australia part of asia? >> it is. it is not economically part of asia but very much is geographically. when you think of their economy as well, a giant iron or mine hitched itself to china and they realize that and so they are in a desperate quest to diversify their export destinations to make more of other sectors of their economy like education, healthcare, real estate. they are today the largest net per capita recipient of high net worth individuals in the world because they have this transparent immigration policy and you have japanese koreans and play notes of chinese buying real estate in australia, taking australian citizenship. under the age of 30, 35, there's much faster growth rate of the asian population and it is becoming asian. >> why would the chinese government want to build islands in the south china sea? they for tourism or what to q >> tourism in which you get to fly an f-16. my kind of tourism. the island fortification in the south china sea goes back to the fact that it is a legal gray area. these

stock market is it is now becoming cheap.re are a lot of forces thatway that suggest to us the market will clear this high nowtility shock period and go higher. we use etf's. we have broad-based ones. we are into the tech sector again. we are into the health care sector and others. we're becoming more bullish on the u.s. stock market, not others in the world, but here. a votesn't that in a way of confidence in the policies of president trump? david: no. it is the result of policies which are in play which have caused a slowdown in economic terms evidenced in the manufacturing sector. i don't -- it is an interesting question. as a professional investment advisor, i have to be agnostic to the policy and take what it gives me. then, apply it. look at the policy. expansioning a fiscal reaching $1 trillion in the u.s. federal deficit. we have monetary policy no which is clearly -- now which is clearly stable or lower interest rates. no perspective, no forecast of a hike in the visible future. we have the entire array of interest r

ib holderis in the and what is in the eye of the writer is how much is going to be revealed is how much precedent is truly undercut. >> as a prodigal matter the subject of jones' fabless recent book the chief justice is believer in the notion that the court, that it is better for the court to narrow aspects and to directly overrule them. because it all goes to the project about preserving the institutional reputation of the court. i think he views it as damaging to the courts institutional reputation to revisit too many of its past events. psychic's preferred ammo is to narrow where possible. modushink his preferred operandi is to narrow where possible. it remains to be seen if that is the preference of the court. talk aboutis to issues and use cases as illustrations of where the court might go as well as past decisions. exec and power, the title of this panel, is trump presents, my sense is that the president believes that his appointees will protect the unitary executive and the prerogatives of the executive branch. we have a dock a case coming up. case coming up. what do you predict

however, what you are seeing is when customers shift to the cloud, that is where the growth is coming from. the legacy database business, traditional software has not been growing as needed. and had the shift been happening as quickly, sometimes the answer has been no. when you look at the stock price, you are seeing an investor base giving them the benefit of the doubt. taylor: talk to me about the earnings. top line is a miss. margins look healthy. what was your take away? anurag: with almost everything, there was a slight slowdown in the application business. at the same time, we saw margins expanding. we saw buybacks. i was not that surprised with any of the numbers. the key issue remains how soon some of the new database products adoption goes. and that we will see from the colors, how that is going along. taylor: what does a $15 billion buyback tell you? they have nowhere else to invest or they think their shares are undervalued? tom: i think it is both. are there acquisitions you can make, large-size acquitions you can make? oracle has been a big acquirer. they have made some b

but this is another company that is tech enabled. is it a gym? company?t is a big valuation, but we see a lot of these companies come to market with barely punishing valuations, and some have come out the traps and done very badly. others, like beyond meat, have which seems like a ridiculous valuation for a company that make fake meat, have soared. it is hard to tell exactly how fair a number that is until we see this trade. vonnie: shares of drugmaker johnson & johnson are in the green, even after the company was ordered to pay $572 million for oklahoma's opioid epidemic. >> oklahoma was seeking $17.5 billion in damages, which a lot of analysts saw as a shoot for the moon kind of figure. ultimately, that is why we are seeing johnson & johnson in the green. investors feared that billion dollar threshold, and it is lower than expected. but as we look at other cases going forward, for example the ohio multi-district litigation , which will commence in october, a lot of questions remain, and no opioid maker is out of the woods. vonnie: drugmaker purdue pharm

this is the art of the invisible. this is the fastest artform there is.y brother, who is also a documentary filmmaker, in the editing room we always use musical analogies to talk about how to edit the pace, hold out another beat. he said when films dies and goes to heaven, it becomes music. i think at the heart of our attention to it and our love of it is power. hearts directly into our and captures us. the string bands that run up and down appalachia to contribute to the beginnings of country music and it inspires one string band member, joe monroe, to create a hyper musical version, the way bebop exists within jazz, as a fast paced alternative to what had been done. bluegrass is music within a music that we deal with in almost every episodes. joe monroe comes on the scene in episode two, lou grass is codified in episode three, but for us -- bluegrass is codified in episode three, but for us it is there until the end. host: ken burns discussing his new documentary. (202) 748-8000 for the eastern and central time zones. (202) 748-8001 for the mountain and

here is one thing that the white house is saying that is true.hat there are policy disagreements fundamentally on issues of national security and foreign policy between president trump and john bolton. those have been there since the very beginning. something happened over the last 48 to 72 hours that triggered the actual dismissal of bolton. that something were the talks with the taliban that had been set up camp david. our team reported that john boltondy see eye to eye with president trump or secretary of state mike pompeo among others to having the taliban to camp david to have these negotiations. that was the flame point. but as one person said to me, if it were just afghanistan, john bolton may actually still have his job. it was the slow burn if you will, the he slow build of all of these issues, all these disagreements, and this was kind of the last straw even though the white house will say no straws. >> carol, again, yesterday the president tweeting that the media is making up the idea that there is turmoil inside the white house. obvio

is. i'm not sure they are taking it fully seriously. we can look at the example of portugal. 2001 faced a harrowing crisis where one person of the population was addicted to opioids. what did they do? they decriminalized all narcotics. what happened? death rates plummeted. if the united states could reach death rates analogous to portugal, we would save one life every 10 minutes. think about what that could do for our community. rather than locking drug addicts in cages, we could give them treatment, just like we give alcoholics treatment. drug legalization will clearly make the community better. >> thank you, and a one minute rebuttal from the conservatives. can talk atans length about the failure of the drug war but they have not proven that legalization will make these communities better or worse. when they talk about alcohol and the prohibition, what they did not mention is that there is a self-regulating, self moderating culture in america around alcohol. after work, coworkers will h

the bottom line is time is 110w water. the bottom line is time is now short.are signs the eu really wa nts its hand and there are signs the eu really wants us to do that quickly. finland's prime minister saying it is 12 days or it is all over? number ten saying they will not respond to these artificial deadlines and i think to be honest, most people think to be honest, most people think it is an artificial deadline, because at the end of the day, the eu are as keen for a deal as we are and the idea they willjust shut up shop at the end of september and say, that's it, we will not try any more, isjust quite say, that's it, we will not try any more, is just quite frankly, improbable. everyone will go down to the last moment to get a deal because the stakes are so high. the finnish prime minister, yes, he described the urgency, may be the mounting unease in the eu at the fa ct mounting unease in the eu at the fact they have not got proposals but we are in a hardball, diplomatic negotiation and the british government will hold back until they are confident they've

my concern is that iran is an that is clearly willing to use additional resources if that is what thisntelligence bears out to carry aremore erect attacks that to steve bullock -- destabilizing against saudi arabia. iran has projected into iraq, into yemen. this latest incident could well be the next step in the escalation of challenges. host: that from democratic senator chris coons. our question -- whether you support military action in iran. we welcome our listeners on c-span radio and the dsp -- in the d.c. area and every sunday morning we are on potus channel 124. we welcome our viewers and viewers innd our great britain. back to our phone calls. first, this tweet from a viewer saying no way should we get involved in any other military inaction -- military action involving middle eastern countries. we have spilled enough blood in that part of the world already and it is all about oil. from batavia, illinois, democrats line. scully, anding, mr. to c-span viewers. not at this point militarily. asit comes to that, as far military episode, we should build a coalition. mr. trump is not

starkly obvious, a concession is not required and if it is not starkly obvious, a concession is not appropriate. they suggest that if a concession was made as to the justifiability, i take exception to that but if primary -- parliament by primary legislation sought in any way to determine when or whether the prerogative of prorogation should be exercised by the executive, then of course, this court is entitled to interpret and apply that primary legislation. but i suggest that is no doorway into the general issue of justice ability in the power of prorogation. point, seek to put that made by sir james, into proper context. to the issuesy that arise if this court now has in hand the appeal itself, i simply urge this court to do as lord reed suggested yesterday, and that is to consider fairly and as a whole the documentation , the contemporaneous documentation, the authentic contemporaneous documentation that has been produced in this case. i'm not going to go back to the comments i made about affidavits in the context of the process. i simply noticed that the president was certainly

what makes this so interesting is the dollar index is flat. investors just wanted out of the haven assets. that's not entirely surprising. looking at the gold chart that goes back over the last five years, we have seen gold stuck in a huge range between 1200 and 1400 area right now moving -- this year moving above it. we have seen the indicator put in lower highs meaning that we could see some consolidation for gold coming up ahead. if not for treasuries, the big story of the day would be the fact that we now have a record week for high-grade issuance. hitting 74 billion now. curve, the yield extent to which that the essential best potential recession indicator. let's look at sprecher. this is the 10 year trouble be spread less the two-year people be spread. a gauge of the riskiness and the time component among the companies that are clinging to investment grade rating. what you see here is while that right hereegative, steepening of that recently still nowhere near late 2010 when we were having double-dip recession type worries in the u.s.. t

he said yes, look, here it is. here is what is going on. this is what you call service to the public. on another thing, i did appreciate mr. fergus from the permit centre who shadowed me for one day. that was really cool to go around with. lastly, there is a new way of signing up for plan check. it is really great. thanks for holding the spot in the general planning line. there two people ahead of you. we will let you know when you are near the front. [indiscernible] status update from general planning is not ready yet, but please have the city -- if the city or san francisco need more time, you can reply. how cool is that? once again, i'm looking forward to this new building. we will see how it all works out great job, d.b.i. you always do a great job. thank you very much. >> thank you. >> i have a presentation for commissioners, please. commissioners, my name is kevin chang. the topic today is on the follow-up of the july 17th b.i.c. hearing on the property on 18th street. on page one of the presentation, there is a timeline to the missed

it is been -- it is busy. frei 80 is -- 580 is clear.e off to a nice start in the silicon valley commute. >>> let's bring stephen with today's weather. >>> happy friday everybody. we had a cool down yesterday. it looks like we are leveling off today. some local drizzle out there. still really good fog bank. real estate seve says "hey, steve. loco cold and refreshing on the san francisco goes to 7 am. there is a reason for that. san francisco sitting at 57. tiburon at 55. 59 over to berkeley. some upper 50s in kensington. up in the oakland hills as well. the water temps, last week, san francisco who he was 64. now, it is 58. a big difference.>> i think it will get down even more so? you head here next week and i will explain here in a second. stephanie said morning steve x point -- exclamation point. low clouds, drizzle, sunny and breezy. maybe wendy for a few. still some 80s and there. i did not pencil in any 90s. 70s in berkeley, middleborough, santa cruz is in there. san francisco and pacifica come only in the 60s. the monson cloud cov