jackson's theory. he's picks of the corrupt bargain, he calls it the great core of babylon -- whore of babylon. jackson says using a biblical reference, so you see the judas of the west has close the contract with the devil, and will receive the 30 pieces of silver. his end will be the same. says, was there ever such a barefaced corruption in any country? we have a rematch in 1828. jackson runs against john quincy adams. it is potentially the most important and america's history. -- in america's history. it was by far the ugliest in america's history. this was the ugliest election. jackson supporters view john quincy adams not as his excellency, but his fraudulent seeing -- fraudulency. -- son of a student being the son of a president being made president. jackson's wife was lady adulterous. rachel had aged very poorly. she became bitter over of these scandals. the idea of her being whore graded on her nerves. of thes that the enemy's general have dipped their arrows in poison and sped the matt mead. i

when jackson was president, there is an attempted assassination on jackson. a man approaches jackson with two pistols while jackson is standing in front of the capitol. he pulls them, squeezes, misfires. jackson hears the crowd, turns around, you can see the scene there. two misfires. what is the likelihood? jackson should have been dead. jackson pulls his cane and beats his assassin to the ground. it is jackson the crowd has to pull off. what a story. today there would be shown on cnn all the time. jackson was the hero. it is hard for me to emphasize what kind of a hero he was. when jackson was a judge, a story that spread through tennessee and helps make him this household name not only in tennessee and beyond, there was a fellow named russell bean, the town would have all of their court hearings. anyone who had to go to court would wait until he came to town. bean was described as the biggest man. jackson's arrived as the judge. bean with a knife cut the ears off of a little kid while he is drunk and terrorizing the town. jackson wants to throw the book at

we know of jackson or think of jackson as representing the growing democracy of the country. and the greek revival style appealed to americans because of the greek democracies. so as you approach the mansion coming up the driveway that's shaped like a guitar, very appropriate for nashville, the front of the mansion you see a two-story portico that runs across the house with a gallery and wings running off to the side. that is clearly very state of the art for 1835. and just a very imposing house that became the model for many other plantation houses. they began building the nukulous of this building in 1819. and their financial position had turned around sufficiently, that they were ready to build a house of this size. they moved into the house in 1821. it was basically the same building as this, but much simpler. rachel died in 1828, and then in the years following her death, the house was expanded. at one point, the house burned, and it was rebuilt into the mansion that we know today. the original plan of the house, the middle part, is called the center hall or georgen plan

he would talk about how jackson looked, and he wrote ap embarrassing song about jackson that he would sing. but because of his skill, jackson never retaliated. and even going towards the end of his life, one of the things that jackson would say, one of the things that he regretted, he never got beat monkey simon and marie, a which was the horse. he never got to beat them. but we do discover later on, that he and simon become friends. i don't know if he ends up owning -- we don't know if he owned simon, or he rented him. but we know that they had relations later on and they end up talking once or twice. so, he probably was the only living person who said something bad to jackson, to his face and was able to get away with it. >> from your book, and another slave, who was involved in horses, he have from a ham complained na he was attacked by a white man. jackson had how many slaves did he have? >> up in the hundreds. >> hehe and he liked having slaves. >> it's one of those weird things, he actually owned, people. but, he had affects for the people that he owned. he was not one of the sl

so jackson and the jockey get the horse under control and jackson backs up the van buren does not. /an standing in front of the horse in front of the starting gates jackson house to move the impure in back and that once an obscene follows the vice president the rest of his life that jackson house to pull him of not of the way of the forces white he is a child cementing him as jackson's puppet in the pilot and the rest of his career. cspan: you're right about george end monkey's seidman? >> guest: he could have a book to himself the greatest black jockey of his time. 4-foot 6 inches tall. >> guest: you have to be small you are a jockey. [laughter] he was one before some that jackson could not be he tried over and over he sent a different horses after him and he never could beat him. and monkey simon we know one of the first publicly got into trash talking with jackson and got away with it . he was a man known for his temper. he would do all, a fight, he was rough andretti. a and b ready but the victories were over and over he would publicly tease him he even wrote an embarrassing song

with jackson himself. another story is one of jackson's men, one of the slaves was charged with murder at a fight with of a christmas party there was alcohol level because a slave get into an argument and someone dies they decided they would charge his slave with murder you would expect that to happen and the slave owner would ago she a to get this to go way. but first of all, to say i have a lawyer and you need to prove this case and if you don't then you will make this go away because you will but used my slaves to attack me for political reasons. so jackson himself took over the case back to make sure his people were not treated unfairly because a wasn't actually one person attacking another he went above and beyond you expect a slave owner to do. cspan: let's go through some stories quickly of of william johnson he was a slave of andrew johnson team when he got his name from the person he works for. this is an area where we have to be careful because we don't know for a fact we don't know the genealogy

and that's the jackson campaign, and the siege of jackson. and as i looked around, i remember one day i was reading a diary entry and there was a union soldier who was writing his wife and he was sitting on the south stoop of the state capitol building at that time. wasn't the whole capitol yet. and he said he was -- he couldn't go inside to tour it because they had guards posted. so i thought, that's a shame. but then i thought, well, i'm looking out the window as i'm reading this at the spot where that soldier sat. so, i decided at that point that i needed to do something about that. and a dear friend approached me years before about redoing an earlier book on the battle and seem -- siege of jackson. he had he audacity to die before we got the project done but the idea stayed witch in and the result this seeming of jackson book. very briefly, the seeming of -- siege of jackson took place in 1863 and follows the surrender of the arm idea a vicksburg, grant send sherman back toward jackson to deal with an army under the -- confederate army un

his first impression was supported when he looked at jackson's paperwork. >> inmate jackson has got a sheet of everything from insolence toward staff members, you know, verbally, sometimes physically. to, you know, kicking on the door. violent behavior. if you add all that up, 15, 16 pages worth, it literally spells out lockdown for his duration of his time of his stay here at hillsborough county. >> in the meantime jackson can only write to his new pen pal. >> it says, what's up, my true love? babe, you have me [ bleep ] about you. i would be willing to try to kill any and everyone who tries to talk to you or looks at you. anyways, why don't you tell me you loved me before you left? if it was a crime to be in love then i'm guilty because i'm in love with you. so don't play with my heart, okay? >> scary's not the word but gives you the creeps. >>> coming up -- >> first i make the barbecued chicken. >> esteban merchan whips up a snack. >> it's the pickle juice that's going to give you the juice of the hot sauce. >> and kenneth jackson turns his attention from women to men. >> treat the

questions as we go towards jackson hole.he shanghai composite in there for you because it is one of the few asset classes that we are seeing, down by 1%. the broader asian picture is fairly flat, illustrating with the msci asian-pacific questions around shanghai, will be government decrease financial markets once again. crude oil in there up by one quarter of a percent, fairly sluggish at 46.88. holding your the one-week low. stockpilesd u.s. across the bloomberg, weighing on oil prices. let us get the bloomberg first word news. here a shery ahn shery: the helicopter money will be japan's next big experiment and it could happen next month. the executive chairman of templeton emerging markets says provisional in easing measures have just made people save, rather than spend or borrow. he added that that combined with a stronger yen of force the bank of japan to contemplate a policy, or completely rejected. >> they will engage in helicopter money with great care and great reluctance, and of course if they do it to carefully the

indian informants had jackson's ear and mcintosh had jackson's ear. during this campaign mcintosh goes from chief and they called him major general or general. he even got a pension but got paid by the united states for his action. he never becomes formal u.s. military but they pay him kind of almost as if he was. what i'd like for us to imagine is if we had a red stick war, a bloody civil war that rages from 1813 to 1814, and there is a war only a couple years later and the people on both sides of the campaign are exactly the same, we shouldn't be thinking about this as a first seminole war but probably thinking about this as a second red stick war. now let's back up and place this into context. right? once upon a time we had a world of autonomous villages, multi cultural, multi lingual, deer hunting, corn growing, clan oriented society. and then in came the market place. in came benjamin hawkins. in came a new set of leaders, led by the early 19th century by mcintosh. we now have cotton fields, cotton looms, fences, blocks, private property, central

full circle jackson hole.nd george make their case for a rate hike ahead of yellen's big speech. the deflation situation. japanese consumer prices fall for the fifth straight month as treasurer mounts on the boj -- as

jackson. you know, i'm a big fan, as i think everybody here is, of samuel l. jackson. one of the things that makes you such an engaging actor is not only that you can do action and do comedy, but that you're clearly a deeply intelligent person. do you think of yourself as a >> yeah-- i dabble in deepness. >> stephen: i consider myself a deep person, and i like to take the opportunity to explore some of the mysteries of human existence in a segment i call "big questions with even bigger stars!" ( applause ) >> stephen: man, what a beautiful night. >> it's awesome. >> stephen: hey, samuel l. jackson? >> yes, stephen? >> stephen: do you have a nickname? >> yes, my friends call me "action jackson," but you can call me, samuel l. jackson. >> stephen: samuel l. jackson, do you think god could make a rock so big even he couldn't lift it? >> of course. that's where australia came from. ( laughter ) >> stephen: i heard that, yeah. >> stephen? if you were stranded on a desert island, what famous person would you want to have with you? >> stephen: i guess whichever celebrity is m

in jackson hole, there is a reason you go to jackson hole. it is beautiful.is good. markets go nowhere. this is bloomberg. ♪ alix: we are 30 minutes from the opening bell and an hour away from this beach by janet yellen. coming up, atlanta federal reserve president dennis lockhart will be joining us in anticipation of what janet yellen will say. jon: very tight trading wages. it in the section over the last week or so. where are we now? around 1.57%. points.in three basis it is the spread you and i have been talking about. risk, you the event play the flatten her. you don't play is any kind of movement in docs. jon: let's cross over to michael mckee. >> a beautiful morning it is. >> it looks better than it has. the hayes is moving out. terms ofll there in monetary policy? >> a good metaphor there. elementsay there are of the data that we are seeing that are mixed. we are in a moderate growth economy. it is natural when you have an economy making slow progress that you are going to the data you can take in different directions. there is still some haze. andspe

jackson didn't. and that rivalry that developed around their political competition and their different views about what america ought to be was in my view really the beginning of the modern two party system. the whigs morphed into the republicans and the democrats stayed the democrats and they have been sort of in different places over the years. now i think the democratic party is clearly the liberal party. republicans are conservatives, but they -- they really in my view sort of began a modern two-party system. and the debates they had there earlier were reminiscent of the debates we were having these days. i wish you well on your thesis. i reread mine recently. i did a crummy job. i should have been -- whoever read my thesis should have had me rewrite it. yes, sir? >> senator mcconnell, good to see you. i just have a quick question, senator, about henry clay's tenure. i'm not familiar with parliamentary procedures like you are, but the use of the filibuster like it's used today, is that something

what you expect to come from jackson hole? what do you expect to come from jackson hole?ndrew: talking about the manner.in a positive possibly raising rates in the future and finding a reason not to do so. i think the fed is tentative about raising rates. i think it will always be. there was use the excuse of externalities as a reason not to do it. i know the fed is a political but they do have half a mind toward presidential elections later in the year. it will be a continuation of what we have seen the last few months, particularly if the ray equally the ray rice -- manus: curious to know, we have the money market could volatility in the fx market. the difference between 30 year paper into your government bonds. -- and two-year government bonds. -- the propensity to hike by the fed? >> i am not sure it is underestimating the ability to hike. what it is underestimating is the potential for shock. we got into a position where a lot of complacency is in the market. investorswhere equity have been putting their money. investors are starting to bet on the trade coming throug

of michael jackson. the unique show brings together michael jackson, cirque du soleil and dance fans like no other. 29. this year marks the fourth annual michael jackson one birthday celebration in honor of the king of pop. tiffany baker, dance master at michael jackson one and jawkeen howard, artist at michael jackson one are here with us. cirque du soleil, the estate of michael jackson and mandalay bay will throw a three-day birthday celebration, aug. o each night before the 7 p.m. show, there will be a special meet-and- greet opportunity with members of the estate and other surprise guests. o on aug. 27, the estate will join michael jackson one as they unveil the fourth piece of exclusively in the theater lobby. o on aug. 29, there will be a never-before-seen performance by the cast of one in the theater. o on aug. 29, there will also be a name that michael jackson tune competition, including a special guest emcee, prizes and more. nine fans will be chosen to participate in the competition, with one n

and that's the jackson campaign, and the siege of jackson.and as i looked around, i remember one day i was reading a diary entry and there was a union soldier who was writing his wife and he was sitting on the south stoop of the state capitol building at that time. wasn't the whole capitol yet. and he said he was -- he couldn't go inside to tour it because they had guards posted. so i thought, that's a shame. but then i thought, well, i'm looking out the window as i'm reading this at the spot where that soldier sat. so, i decided at that point that i needed to do something about that. and a dear friend approached me years before about redoing an earlier book on the battle and seem -- siege of jackson. he had he audacity to die before we got the project done but the idea stayed witch in and the result this seeming of jackson book. very briefly, the seeming of -- siege of jackson took place in 1863 and follows the surrender of the arm idea a vicksburg, grant send sherman back toward jackson to deal with an army under the -- confederate army und

pray for jackson way. he has quite a story to tell. >>> go jackson. he's getting it done. >> how about that. >> big night touchdowns for kirk cou and a win in a preseason game that they call the dress rehearsal. >> offense looking good. we were supposed to get a little post redskins report tonight and as sports comes, it went long. karen maloney will do our own post game on news 4 at 11:00 s. >> that's what you get when 21 penalty are called in the game. 3 1/2 hours long, so preseason had it all. you could see the guys do this as they came off. it was good. it was bad scprks it had some ugly with those injuries. four guys walked off the field. we'll get an update later on in the show. but it started off so promising. kirk cousins . he was pregame excited because he was getting a heavy workload tonight, expected to play at least a half and that's exactly what he did. man, he was in a good mood. slow start for the offense. second quarter. they picked it up. down 6-0, cousins . finds ryan grant, spins away from the tackler. the receiver takes familiar si

full circle jackson hole. the fed, kaplan and george make their case for a rate hike ahead of yellen's big speech. the deflation situation. japanese consumer prices fall for the fifth straight month as treasurer mounts on the boj -- as pressure rounds on the boj. u.s. dealerships $1.2 billion. caroline: we are keeping a close eye on volkswagen as we see the dax open. futures lackluster ahead of jackson hole. check out my futures board on the bloomberg. see the cac 40 underperform, down by a quarter percent. on to the assets. manus: we will get into those assets. if you want to understand the limitations or the questions that are raised by the efficacy of stocks on behalf of your losstry, close to 3.9% from april to june. this is the japanese pension fund. what we have seen is the bank of japan involved in these markets. they will have taken an equitable loss. japan gpi have posted 3.9% loss between april and june as a stocks slump. the efficacy of negative rates on the bank of japan we will debate. let's check

high schools here in jackson.and they were in that first group of students that were there when the schools were finally integrated on a massive scale because of the alexander decision in the spring of 1970. so, john and tina? >> impressive crowd. i don't know if there are any murrah high school graduates out there. i see one or two, three, four, good. good. and everybody holds their hand up high. tina and i graduated in 1973 from murrah. in 1969 the fifth circuit court of appeals had the case involving the jackson public schools and said thou shalt desegregate -- first, they said on december 1st of '69, we're going to flip-flop faculty and staff by the time the christmas holidays are over. they gave us a couple of extra weeks off for christmas vacation, which was pretty cool. we had no idea what we were coming back to because the court said this ten days thou shalt flip-flop student bodies as well. so it became the most radical desegregation that the courts could come up with without really having an underlying p

yellen at jackson hole.e also do see that the bank of japan is willing to do more, driven by the japanese .overnment uphink something will come from the bank of japan. it will not be textbook helicopter money, but what we just heard, trying to fund local or regional investment projects. i think this looks like a reasonable road forward. anna: looks like a reasonable road forward. would it really make a difference? >> it would not make a difference in terms of the structural reforms and in terms of an aging economy, tackling these structural reforms. could make a or it difference in terms of providing short-term stimulus and increasing investment in the japanese economy. it is a discussion that is very similar to the discussion here in europe. in the short-term, it would make a difference. it should not be a substitute for not implementing structural reforms. just look at the numbers. .apan is an aging economy they need to tackle this aging problem and that is something you cannot do by just building more roa

adrienne: reverend jesse jackson also calling for change. kathy: he sat down with wisn 12 news mike anderson for an in-depth one-on-one interview. ,>> it's not just the killing, but the dignity. >> the reverend jesse jackson tells 12 news in an exclusive interview that the life of 23-year-old sylville smith is one that all too often leads to an untimely death at the hands of a police officer or by some other unfortunate means. >> he and police, their lives are both in crisis, the one that shoots and the one that is shot her in the same predicament. wisconsin, highest incarceration rate, more expulsions from schools. crisis. >> reverend jackson says that means milwaukee must have a war on poverty not a war on each , other. >> there must be some burden on those who have been blessed to lift of this community. >> reverend jackson suggests it's a time now to move from blaming to embracing. in milwaukee, mike anderson, wisn 12 news. kathy: the officer who shot smith will be on administrative duty during the investigation. police say smith was hol

before that, jackson hole was for academics. he started getting policy guidance at jackson hole.ing speech you can in the world. they don't really know what is going on. tom: market gilbert, i want to congratulate you on your recent columns which really synthesize the cacophony of ideas we are working in. i know you're already working on sunday and monday. what are you focused on? what will you be thinking about getting to the column on monday? mark: i am worried the expectations for fiscal stimulus -- tom: well, yeah. mark: that is gotten out of control. tom: i think that is brilliant. do we need an extended runway at heathrow? definitely need to reset public policy. i think on the west side, you guys all admit that you have third world infrastructure and politics that don't want to give these roads maintenance. i think that is a massive, massive task with a face. how to persuade both houses you need to fund your economy. tom: mark gilbert, thank you very much. francine, this is fun. this is exciting. i will be looking at the japanese yen as get towards 10:00. francine: i will b

plus the dollar numbers given by former eldorado high star steven jackson is impressive. more next here on channel 8. jackson is giving back in a big way. he's serving those who served our country. he's helping u.s. veterans by donating one million dollars. jackson is donating the money so the group can acquire land to build a second campus to house the homeless veterans. the master plan is to build affordable housing for the vets... but they need more and jackson is doing what he can to make sure they're all taken care of. steven jackson/former nfl running back: "we want to make sure that used in the same sentence.. so myself and others are coming together to make sure our vets have a place to rest, food to eat and clothes on their back." speaking of steven jackson, he's in our special raider nation relocation show coming up this saturday afternoon. how you can catch it at 4:30 right here on channel 8. then following the show, it's the titans and the raiders in a preseason game. we talked to some raiders, groups trying to save the raiders from leaving and of course the o

is that warranted after jackson hole?rendan: that is wanton from the comments they came out -- that is warranted from the comments that came out. the fed is focused on market data and the fact that the inflation rate seems to be going toward the target. mark: friday's jobs report is the big one? is september very much alive? brendan: i think it is. the case against a september rise, the september last thing yellen was to do -- on the other hand we have seen before that if we step back from raising rates suggesting there is lack of confidence, the can bring the stock market down. in many ways if we get a strong report on friday, they will go ahead with the rate hike. mark: that means one more this year? two more this year? the majority leading -- leaning toward to. -- leaning toward two. one is their preferred option. is it one or two for 2016? brendan: i don't think they have any more clue than anyone else. it depends on the data. at this point, i think one rather than to. mark: what can we take away from jackson hole bes

all eyes on jackson hole, wyoming. the big question, and interest rate hike is going to happen soon. nicole: investors on the sidelines, stock market futures, they are hugging the unchanged line. the s&p up one. the nasdaq down two. lauren: japanese stocks fell ahead of news from the fed, the nikkei in japan down one.2% and the shanghai composite gaining 0.1%. nicole: after gaining yesterday, this morning oil prices pulling back, losing $.20, $47.13 a barrel. lauren: the latest on mylan's damage control over the skyrocketing price of the epipen including reaction from sarah jessica parker whose son suffers peanut allergies. olympic swimmer ryan lochte is charged in brazil for filing a false police report. the new york mets games ground in the wildcard race. lauren: it is friday, august 26th, welcome to "fbn a.m.". we hope you have great weekend plans ahead. breaking news and what to expect for the day ahead. nicole: we begin with the battle fothe white house, hillary clinton accusing donald trump of encouraging racial

jon: as a jackson biographer i don't have this problem. [laughter] my guy has had a tough couple of months. annette: a tough couple of decades. jon: ron has a broadway show and the $10 bill. my guy isn't even on the $20 anymore. he is the link from the founding to lincoln. he was the only president who who has an era named for him. for better or worse. just because you are the most honored person in the world. not since annette gordon-reed dined alone has there been such a gathering. jackson embodied some of our best instincts and our worst. if you don't deal with jackson, you can't deal with antebellum america. he made been on the extreme edge of the mainstream on the two central sins of american life, slavery and native american removal. but he was within the mainstream. that may be uncomfortable to talk about but it is true. nobody ever went back and re-open to the question of native american removal. congress never revisited that. he put down john c calhoun to keep the union together. he gave the union 30 more years to form those mysti

and fed share, yellen and her speech in jackson hole.ghter week on the earning side of things, big names include best buy, hp and tiffany as well. a consumer focussed week. always what it is at the tail end of an earnings season sfwlp vice chair, fisher says they're close to 2% inflation. and offering an upbeat assessment during his speech yesterday. so, he argus the job market is close to full strength and still improving but didn't announce when the fed should next raise interest rates. >>> pfizer to booiz medivation for about $14 billion per share. an announcement could come as early as today. >>> and viacom says a ceo will resign effective immediately. this will end the battle between the board and the amusements and holds 80% of viacom and cbs and willrycei receive $72 million a. and viacom says its board will make a decision on succession plans by that date. >>> and wilbur ross reportedly making making a an attempt to take control of distressed gas companies if they have to turn their shares over to creditors. you can say over the

live from jackson hole next.is bloomberg. ♪ vonnie: live from london and new york i am vonnie quinn. mark: and i am mark, barton. time -- mark barton. time for the bloomberg business flash. british consumer confidence is bouncing back after the initial shock of the vote to leave the european union. an index of consumer sentiment rose this month by the marxist -- by the most in three years. this may turn how into economic activity for the bank of england -- economic activity. sluggish sentiment will allow -- 1.2 billion dollars to the emissions testing scandal. the deal calls for vw to buy back unfixable used cars. theprice take to resolve lawsuit is now more than $16 billion. starting next year passengers on -- flights will have access to airborne wi-fi that is faster than anything pre-existing existing in-flight wi-fi services uses satellites or -- but not both. mark: and a push back to cut 5500 jobs once the takeover of sab miller is complete. of itspresents 3% combined workforce. the cut will be made over thre

morning with monica jackson, jason feinberg, dave hall and maria silva. weather 24/7 with cassandra jones and traffic solutions with ken smith. this morning. a member of the u-s forest service died working a fire here in nevada.. justin beebe of vermont was part of the hot shot crew fighting the "strawberry fire" near the utah- nevada border off highway 50. he was hit and killed by a tree on saturday. the fire was started by lightning last monday.. it has burned about 46-hundred percent contained. now fox5 weather 24/7 with les krifaton we tied a record daytime high sunday and it looks like we could do it again to start the week. we remain under the influence of a ridge but a trough pushing toward the coast will set up some southwest winds today. it will trigger some winds for monday. another trough moves across northern nevada on tuesday allowing for a little more cloud to develop over our area. temperatures will start to cool off as we head into the middle and second half of the week. the uv index for monday is 9 or very high. here is a look at accident

over here, we have little jackson. community chess guy he has a little trophy there and here we have scarlet the diving horse star from way back when in atlantic city if anybody remembers the diving horse on this steal peer. >> did you. and here little mini mouse and her cousins looking lovely. >> the 107th ocean city annual baby parade. we'll be back with more news and your forecast from the city to the shore coming up right after this. ♪ what's that?! a bird? no, it's gus, the second most famous groundhog in pennsylvania! have no fear, wonder gus is here! wonder bucks! whaaa... wonder bucks, the new instant game from the pennsylvania lottery, with top prizes of $300 grand! one can dream. you can say that again. (giggles) keep on scratchin'! minneapolis ymca offering unique program for children that's helping them find their voice. >> tackling some pretty serious issues. fox's morey glover is going to show you something to put a smile on their face. ♪ >> when you're a kid there's nothing more traumatic than losing a t

but jackson embodied, i think, some of our best instincts and our worst and if you don't deal with jackson you can't deal with antebellum america. because he may have been on the extreme edge of the mainstream on the two central sins of american life, african-american slavery and native american removal but he was within the mainstream and that may be uncomfortable to talk about but it is true. nobody ever went back and reopened the question of native american removal. congress never revisited it. and his dweegs, i believe, to the union in putting down john c. calhoun, south carolina, as ever causing problems early in order to keep the union together, it give us 30 more years to form those mystic cords of memory. so if you don't deal with jackson i don't think you can deal with the american soul both in its light and dark elements. the other thing i'll say in general is my own sense is we learn more from the past if we look in the the eye than if we look up at it adoringly or down on it condescendingly. >> let me relate a quote from mark twain who said "what a wee part of a person's life i

yeah, the outcome of jackson hole was balanced and was very thin. this is not going to take currencies anywhere far. >> for dollar then, let's say we get one rate hike this year, whether that's september or december. is it going to be sell the fact once again for the dollar or how would you trade around it? >> i think any rate hike would support the dollar, of course. whether it's september or december or maybe early next year, just a matter of one or 2% move. i don't think -- i mean, the u.s. dollar has been in a range for rough live 20 months now against the euro. it's 105 to 115. i don't think that that policy will be enough to kick it out of that range. that policy is -- it's not going to be too much of a surprise and the divergence between the u.s. and the eurozone is not going to rise. the distance will more or less stay the same. i can't see a big rally for the dollar at the moment. >> joe, good morning. it's louisa. the case has become stronger for a hike in september if you look at the actual fed speakers and their hawkishness and mark poin

listen. >> some central bankers have down played jackson hole. others like bernanke use it to signal policy changes. her inclination is to down play jackson hole, but she's being pushed to make a major policy statement. i don't think we're going to get that. she's being pushed very hard by the market base to do so. >> this directionless trading. following the speech in jackson hole, the interpretation comes from her number two. sits down with the stanley fisher. that's squawk alley today. >> corporate news, senators are turning up the heat on mylan. the drug company announcing yesterday it will reduce the out-of-pocket cost of the emergency epipen allergy injection for some of the patients following a wave of criticism. this comes as the price of the drug has increased nearly 500% over the past few years. lawmakers aren't satisfied. chuck grassley appeared on closing bell and said the savings card is not enough. and shared his solution and theory for why mylan decided to increase prices for the epipen in the first place. >> draw down the price an