good to see you, jim grant is the founder of grants interest-rate observer, we are following the moneyt a recorder was on the call with the organizer of the columbia protest hours before they begin, what he learned about the nonprofit group promoting anti-israel protest, that is next, right here. salonpas lidocaine flex. a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right where it hurts. and did we mention, it really, really sticks? salonpas, it's good medicine. when you own a small business every second counts. 120 seconds to add the finishing touches. 900 seconds to arrange the displays. if you're short on time for marketing constant contact's powerful tools can help. you can automate email and sms messages so customers get the right message at the right time. save time marketing with constant contact. because all it takes is 30 seconds to make someone's day. get started today at constantcontact.com. helping the small stand tall. call leaffilter today. and never clean out clogged gutters again. leaffilter's technology keeps

maria: we will leave it there, jim grant, always a pleasure. thank you so much.m grant is the founder of grants interest-rate observer, we are following the money who is funding the chaos on campus and that's to get a recorder was on the call with the organizer of the columbia protest hours before they begin, what he learned about th (♪) is bad debt holding you back? ♪ the only limit is the sky ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a little bit louder) ♪ ♪ it's our time ♪ ♪ you don't want to miss it ♪ ♪ it's your moment in the spotlight ♪ all your ambitions. all in one app. low fixed rates. borrow up to $100k. no fees required. sofi. get your money right®. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. there are many w

maria: we will leave it there, jim grant, always a pleasure. thank you so much.d to see you, jim grant is the founder of grants interest-rate observer, we are following the money who is funding the chaos on campus and that's to get a recorder was on the call with the organizer of the columbia protest hours before they begin, what he learned about th (♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com everyday chaos. this mother's day, help mom take it in stride with thoughtful gifts from weathertech. from playing in the rain with muddy cleats on the floorliners. to dirty camping reminders in the cargo liner. spunky toddlers testing out the all-purpose mat. epic food fights contained by the seat protector. add a cupfone to secure her p

maria: we will leave it there, jim grant, always a pleasure. thank you so much. grants interest-rate observer, we are following the money who is funding the chaos on campus and that's to get a recorder was on the call with the organizer of the columbia protest hours before they begin, what he learned about th (bell ringing) someone needs to customize and save hundreds with liberty mutual! (inaudible sounds) (elevator doors opening) wait, there's an elevator? only pay for what you need. ♪ liberty, liberty, liberty, ♪ ♪ liberty. ♪ ♪("baby" by summer walker)♪ ♪ ♪ ♪ ♪ book in the hotels.com app to find your perfect somewhere. my psoriasis was all over. then psoriatic arthritis. who knew they could be connected? for me, cosentyx works on both. cosentyx helps real people find clear skin. and in psoriatic arthritis, can mean less joint pain, and help stop further joint damage. serious allergic reactions, severe skin reactions that look like eczema, and increased risk of infections some fatal have occurred. tell your doctor if you have an infection or symptoms, had a vac

maria: we will leave it there, jim grant, always a pleasure. thank you so much.er of grants interest-rate observer, we are following the money who is funding the chaos on campus and that's to get a recorder was on the call with the organizer of the columbia protest hours before they begin, what he learned about th (♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com ♪ you were always so dedicated... ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now i see who all that hard work was for... it was always for you. seeing you carry on our legacy— i'm so proud. at vanguard, you're more than just an investor, you're an owner. setting up the future for the ones

i want to bring in grant's interest rate observer jim grant.month small changes that everyone on wall street hangs on to but i will tell you this i have only one person in the year since you and i talked about a secular bear bond market that agreed with you. what is the pub back on this particular theory? >> muscle memory. bond yields began declining in october of 1981 and you have to be even older than i am to have a vivid recollection of what preceded it. actually you don't have to be older but, 40 years of not continuous but persistent decline in interest rates leads many to assume that's what god intends. charles: right. >> but you know the, what preceded the 40-year bond bull market was a 35-year bond bear market and, you know, i'm pattern, i'm trying to recognize patterns in those sciences and but you know i think it is proverbial that big turns in trends, major things, are punctuated by seeming absurdities and evident and i dare say obviously absurdity that will punctuate this long-term bear market in bonds we're now beginning, what will

maria: jim grant mentioned that a couple times the other day when he was joining us here. the founder and editor of grant's interest rate observer. do we have that or no? i wanted you to hear what jim grant said. he said i'm totally expecting them to get political going into the election because they view donald trump as the enemy. here it is. watch. >> i believe that the fed itself regards potential second term for donald trump as a clear and present danger to the country. maria: so that's why they'll get involved. >> the fed is politically very much aligned with the democratic party and i think the fed without even perhaps realizing it is doing something in the way of a political move would be inclined to read the numbers in an interest rate reduction positive way in the back of its mind the threat of another trump presidency. maria: your reaction? >> i'm uncomfortable going that far saying the fed is just about the election. the fed has a model that's not working. it's this old model that feels you should -- the fed should be restrictive to get inflation down. they shoul

here's jim grant with me on this program in march. watch this.expecting a cut in rates mitt soon. >> no. -- anytime soon. no. well, they might decide that 3-ish is fine -- maria: 3% inflation. >> yes. this concern over the inflation and to focus on financial stability as they would define it. so, but however, i think there's also a chance, maria, this year that the fed raises if they are confronted with an accelerating rate of inflation. if they feel they have no choice. and who's to say the 3.2% thing couldn't go up, we have an $80 oil price, no longer 70. maria: i think it's important to also reiterate, thomas, that the federal reserve removed that line that the banking system was sound and resilient. they took that line out of their statement. that raised my awareness to say, wait a minute, why did they take that out? maybe they're expecting the banking system to get worse as you just suggested. >> well, i'm glad they took it out, because if you look at the data, and we'll have new bank first quarter data coming out here next week, but the non

but first, let me give you jim grant's opinion of where things are going.litical. he says jay powell was political, calling inflation transitory and remains political. watch this. >> i believe that the fed itself regards a poe potential secondm for donald trump as a clear and present danger for the country. maria: that's why they'll be involved. >> the fed is very much you aligned with the democratic party. i think the fed without perhaps realizing it is doing something in the way of a political move, would be inclined to read the numbers in an interest rate reduction positive way within the back of its mind the threat of another trump presidency. maria: scott, this is not the way things are supposed to work and treasury secretary janet yellen also getting political in a speech ins a in arizona last, arguing the threats to democracy risk economic growth, an apparent jab at former president trump. watch this. >> this doesn't seem like typical terrain for a treasury secretary but democracy isn't just important in an of itself. i believe that democracy is crit

threat to democracy, these are the things that the treasury secretary is talking about you mention jim grante founder of grant interest-rate observer who joined me recently on the program. he said he is expecting the fed to do what it can to help joe biden by the election in november. watch this. >> i believe the fed itself regards of a potential second term for donald trump as a clear and present danger to the country. maria: so that's why -- >> the fed is aligned with the democratic party. i think with even realizing they're doing it in a political move would be inclined to read the numbers in a interest-rate reduction positive way with in the back of his mind the threat of another term presidency. maria: at some point this year before the election do you expect to cut and rates? >> i think they are looking to any excuse to do that and the fed likes to say that one of the reasons are independent, this is on the federal reserve own website because members of the administration or elected congresspeople are not allowed to serve on the fed board but look at it from the other point of view you

>> so something i actually learned from jim grant ten years ago, good things happen to cheap assets why was it a contrarian play an 80% drawdown and nobody could come up with the reason for why these stocks should go up and not all the time the stock doesn't always work this way but it often sometimes does work this way where when nobody could even fabricate in their wildest imagination why you would buy an entire asset class, those are the types of situations where you don't need much to turn in the way of news to get a huge turn in the prices of the stocks. these are the best of the chinese equities, these are the technology and internet companies, many of which also trade here in the united states. the stocks are on fire everyone hated them in november/december. maybe a few people like them now. i still think it's a contrarian play and what china has figured out is they actually need their stock market to work so it's not fundamentally important to their economy but spiritually and emotionally it is, and so that's happening around the world as countries say what did the united states

jim grant said the same thing on this program back in march, you know?g at a situation where we don't even know if the economy has seen the full impact of the 11 rate hike so far. >> right. maria: pete, it's always great to talk with you, thanks so much. >> appreciate it, maria. take care. maria: quick break, and then we're getting into oil prices and energy policy in part two of my interview with the chairman of chevron, mike worth. you're watching "mornings with maria" live on fox business. stay with us. ♪ ♪ (qb) this is it. one play. this is when we find out... (luke) hey, quick question. student body math proficiency, would we say it's good? fair? satisfactory? (player 1) what? (luke) like a percentage, if you had to guess. (players) hey, get out of here man. get off the field. (luke) understood. (players) security! grab him! (marci) great student-teacher ratio... (luke) marci! we've got to go! marci! we have got to go! we bring you the real, in-depth school info. (marci) what were you thinking? (luke) i don't know. i. don't know. (vo) ding dong! hom

i'm in the jim grant, you know, camp on this.the that the end of, you know, it was the end of the 39-year bond bull market, and much like after a world wore ii when we -- world war ii when we had expolice set rate caps and it took 30 years for banks to widen town their excessive holdings of treasuries from world war ii, we had a series of higher highs and lower lows in treasuries. and i think we're going through the same dynamic now. the only thing that can prevent that is the economy crashing, and it's hard to envision chen we're running 7% budget deficits at full employment and government can spending at 24 percent of gdp. for me, inflation is going to be persistently higher. the bond market is in a structural bear market, and if you want to be long treasuries, for me it's don't touch. next week is belly week, right? 2s, 5s and 7s, i don't expect it to go well. chars charles i teased this segment by talking about the battle. the federal reserve has its mission, the biden administration has its mission. their mission is to win a

i had jim grant on earlier this week, talked about a, of course, entering the bond market now, perhapshas entered into a secular bear market. we're talking 35, 40 years of yields a higher from here, bonds lower. you wrote an article act this in ft last week -- an article about this. what are your thoughts about this? >> i tend to agree with him that that we are in a secular bear market and we are going to see over the next many years higher interest rates. don't be worryed about that. what that means is you're going to get the competition there from stocks from higher yields. what that also means is we're probably going to be in an era of stronger growth. what does that mean if you're a borrower? whatever you're borrowing for should appreciate faster whether it's a house or a business to be able to pay those higher interest rates. it does not mean, you know, it's the end of economy or anything like that, it's that we've transitioned away from that zero interest rate world that we were many. we're no longer in that world anymore. charles: all right. hey, jim, thanks a lot, my friend if.

we spent too much money, and maybe it really is more ingrained, which could mean -- jim grant -- do youcreases is? that's 825-point hikes, not cuts. basis points. >> tell me where mortgage rates are, credit card payments are, your car loan payments are on all of those things. >> 1.7% gdp starts looking good. >> it does. >>> hey, we've got breaking news out from johnson & johnson right now. the company is announcing a new reorganization plan for its llt management unit. that was a subsidiary that was going to hold all the legal claims related to the company's t talcum products. there are claims talcum is responsible for ovarian cancer. they say there are some interesting things happening here. this is different from the last proposal that was put foorkt that was shot down by some of the lawyers that were involved. this time the company is trying to go to the claim manhattans themselves, the people who have been affected by this and impacted by it and asking them for a vote on the plan. underneath the plan, it would behbe 6.476% set for it. the expectations from what i hear are that it wo

presidency in a move that would be remembered as a repudiation, grant's policy and as the end of reconstruction. opening the door to jim crow. but the process not unfold quite that quickly. during the 1890, a generation really after the age of grant, the southern states felt emboldened to disenfranchize black voters outright. such measures as literacy tests, poll taxes and grandfather clauses. it was then that jim crow had arrived. now, when the multiracial republic that operated in the south was brought down, it was brought down with a vengeance. the 20th century's long dominant dunning school of history worked from racially premises to excoriate those who were responsible for reconstruction. professor william dunning ended his 1907 narrative on reconstruct asian by writing grant in 1868 had cried peace. but in his time with the radicals and carpetbaggers in the saddle, there was no peace with peace came. one of dunning students, edwin, derided rand for being too rigid and insisting that the 14th and 15th amendments be informed. regrettably, the dominant history for many decades actually criticized our leaders for enf

grant. and he could algo, as request for jim and he to stop. when a monks has moved from the hague justice that the i, c, j is often delivered very slowly. but today's reading came just week soft read initial application to block german with themselves to israel that nicaragua said violates at the genocide convention. the german legal team said nicaragua, quote, grossly distorted the facts of it, some of the 3 relationship with israel, with state or that will reject nick our rock last home, the accusation. and there is no reason for the i c, j. 2 adults provisional measures. we are fully aware of our responsibilities under the genocide convention, the international humanitarian law. and we respect to make a regular pulled, representative challenge german statements and ton you can say anything you want, but we have to be a fucking, you're not above statement. but about sex effects or the treatment continues to be happy. military interchange with israel, correct? go ahead. previous nicole, germany prophetic, the single pena space applying weapon

i grant you permission to use i lose my train jim, do you think stormy daniels now going forward becomes more significant witness than maybe people thought that or he had in terms of legal teams, thought she was going to be going in the unring the bell thing kind of sticks with me. do you think she now is more of an important witness then they may be at people that may be anticipated going in i'll take that one. >> i don't i don't think so. i think the prosecution got their point across that this was likely very, very important to donald trump, that this be kept quiet and right. that was the reason for kind of getting into all those details. they may have taken a little bit too much of a risk on that, but that was the reason for those details. i don't think that it becomes all that much more important beyond that, likely because they still need to make that connection or more inferences if you will, of how this business record was recorded. >> and and how that transpired. if they can't make that showing and people don't believe michael cohen and he's the key to it. then they're going to

jim pulled up the wireless. so he's curious thought a lawyer. place agent know grants cube of ukraine estate service, but he's bullet control reports annually on the volumes of its international arms. trade, but these are only the official figures covering recent years on the the rail volume of whether it was exploded from ukraine or in mystery to everyone. but nice, a little video with, with the, with the shaded little fish is i don't, the last year was it was a splendid to what done to the one is the russian states. never as one of the most sense community best. most all sun set up the, in the system must be the one else calls question about this, even though we will then in the european union, the kremlin media mission, the state on the russians today, s r t spoke neck. even our video agency, roughly all the band on youtube tv services for the question, did you say stephen twist, which is the 1941 with the nazis health situation? ultra nationalist, the stashes, the claim, the independent state of croatia. shortly off, the seizing power. they built the scene of us concentration camp a place associated with the wor

the grant painting of the ohio space legends john glenn, neil armstrong, jim level.ce in our rotunda across from the wright brothers. it was a thrill to meet and listen to toledo native gene kranz who tkrbged a number of missions. he spoke of our early space pioneers who wilngly accepted great person risk in the name of national progress and eagerly accepted president kennedy's challenge to put the american flag on the moon. they were children of the depression, first generation college graduates who grew up on farms. they were leaders and team builders. they stood for something greater than themselves. they loved their country and vowed to serve. always grounded in the strong work eth a deeply held values they were from their own parents. and they all have big dreams. tomorrow will be the 54th anniversary of the liftoff of apollo 13. gene krans was the mission flight director and general level was the mission commander. on the third day an only tank exploded damaging the spacecraft forcing crew into a line knar module supported for two days and it became their life

grant didn't look good?! how dare you, sir. you know what? i'm sorry. jim, i'm gonna need the furious cam. grr! i'm so mad.se totally inappropriate dancing hotdogs make me even more furious! stop it! stop it! donald trump has said a lot of horrible things. but none worse than claiming cary grant did not look good in a bathing suit at any age! hot dogs, as you were. when trump wasn't slandering bygone heroes of the silver screen, he was doing party tricks. here he is asking the crowd for a pen. >> give me a pen. somebody. come on. give me a pen. i gotta get a pen. let's go. yeah, good, just throw it up here. [laughter] give me a pen please. you think biden can bend down like that? i don't think so. >> stephen: this... this is where we are as a country. the presidency of the united states could well come down to which old man can pick up a pen. the debates are going to be scintillating. "i'm wolf blitzer. our next question is for both candidates. given persistent inflation, which one of you can climb into this doorless bathtub unassisted?" please. here's a self lubricating catheter. we here at team late show

jim gaffigan's funny. there's a thousand cameos. but playing tony the tiger is hugh grantugh grant to do this? >> he's very unhappy, because the character is thurl ravenscroft, which is the real name of the guy who did the voice of tony the tiger. thurl ravenscroft. >> jimmy: great name. >> and so i imagine this guy as a frustrated shakespearean actor who has to play this embarrassing character to make his car payments. >> jimmy: yeah. [ laughter ] >> and that's -- and hugh grant is perfect for that. >> jimmy: he has to say, "they're great!" >> yeah, they're great. so, i did not think of really hugh grant for the part, and i love hugh grant so much. but he called us, and he said, "i want to be in the pop-tart movie." [ laughter ] and i have -- so i got the script and i auditioned on my phone. so he did an audition on his phone with a glass of wine in the other hand, by the way. [ light laughter ] and you know, like i care what the audition was. i go, "yeah, you're tony the tiger, sure." [ light laughter ] >> jimmy: yeah. >> yeah, and i love him. i love him. >> jimmy: he de

don't think -- they think the size of it is concerning that said, jim, it does come far above any dilution we've seen with other grantshief executives could be as much as 8.7% dilution: the company has detailed presentation on their website at this point from the board talking about everything they did and why they did it elon is required to hold the shares for five years after he exercises the options. they believe his award is fully aligned with the interest of shareholders then he would say why shouldn't he get his money >> this is one of those, hey, elon, heads we win, tails you lose i don'tunderstand why anyone - didn't have anything at risk here >> what was he going to be paid if it didn't go up. >> don't you wish every executive -- the guy at boeing, what's he pulling down 30 >> talking dave calhoun. >> i was trying to just kind of make the point, like guys and dolls. >> he did inherit a mess to be fair. >> true. i'm saying in america, if you're a ceo, you pretty much start at 30 what ceo makes less than 30. i need to know. >> a ceo not being paid enough clearly. >> what ceo doesn't make more than the first 20,

paragraph jim, article 36 of the law on permanent provisions of the development programs of the country, this refers to the fact that now it was for the reason that it says that this license is granted to the so-called designation of the stock exchange means that if a stock exchange organization wants to be established, it must be through the stock exchange organizations, that is, if the supreme council of the stock exchange does not determine it, do not approve it, this is a violation , so these legal situations are at least these three cases, except for the one i mentioned, all over the world with that the central bank is a policymaker in the field there is gold, but they have not created a new executive arm. this is the point of mr. azranani . they pointed out that this policy of reformation that you said was not the same. they also pointed out that the maturity date is in the mobadali center and the short-term maturity in the stock market. now, this long-term review was very successful. now , i don't think this is much of a discussion. i don't think it is very important. but if we want to raise the currency exchange center, one of the other situations is whether it is important

jim and i flew in the national guard together for a while. al japanese is here. we flew together. liam grant is here. charlie evans is here. and i appreciate not just him, but everybody else. that's come out to see this and the i think south carolina museum, confederate relic room. i'm an old guy, but i'm not a relic yet for this opportunity today here. so thank you very much.

jim and i flew in the national guard together for a while. al japanese is here. we flew together. liam grant is here. charlie evans is here. and i appreciate not just him, but everybody else. that's come out to see this and the i think south carolina museum, confederate relic room. i'm an old guy, but i'm not a relic yet for this opportunity today here. so thank you very much. good morning. my name is amanda williams and it is my honor to lead the team here at the macarthur memorial. and i would like to extend a special welcome this morning to. congressman bobby scott to city of norfolk mayor dr. cooper, alexander philippine, consul general eric cruz, erebus philippine army attache arthur roman yost and lieutenant general john agen. dr. cynthia romero. the chairman of the council of united filipino organizations of tidewater. max frias, vice president, the hampton roads chapter of filipino national historical society. ric hurley, the director of the virginia association of museums colonel william davis, the executive director of the general douglas macarthur. members of the general douglas m

jim and the secret history to go an entire season. i'm beaten champions on now just 2 games away from doing. it's granted shaka opening the scoring 12 full back, jeremy framing home school. these 13 go love the season in the crushing victory. they've now tie, been fee as long standing and beaten, wrinkled in europe, which they said between 19631965. the little pool slimmest hopes of winning being discriminated titled remain alive of the full 2 when ever taught them. hotspur in youth in top sick and lost game enfield it started well for the raids when mamma sought i handed them the lead off the 15 minutes and the robinson and cody get both schooled either side about the time. so it gets 3 mills at this stage tucker was steering at a full straight lead the fees and it got worse for and plus the company's main. all the elliots with the peak of the goal, setting them up for a long range of b. c. the things that have come back to resolve this and then sonya mean both schooling later on. but it was too little to say before that as we're going to squander the chance to ramp up both places, they last one know th

anyone who knows jim jordan's history knows that he only has the purpose of trying to interfere in a criminal investigation. he has now turned his tricks to he's going to look at grantgrams which i invite him to do, and we have complied with his subpoenas. but yet he continues his attacks to try to interfere in a criminal investigation. while -- all while his jurisdiction has one of the worst crime rates, has poverty issues, and not one time has he used his position to try to investigate people who are attacking me and attacking others legitimately doing their jobs. making him illegitimate in his position, and it's disgusting. so i bring that up at the federal level because now at the state level, they have decided to follow this clown's lead. and they want to now try to interfere in an investigation. and it's not legitimate either. so it shall fail, and it's not going to go anywhere. but they are trying to attack me at every level. as you know, today is an exciting day for me because i'm on a ballot tomorrow. i have a democratic challenger and i plan to win and win big tomorrow. but i also have a republican challenger coming up in november, who is unqualified, been

anyone who knows jim jordan's history knows that he only has the purpose of trying to interfere in a criminal investigation. he has now turned his tricks to he's going to look at grantoenas, but yet he continues his attacks to try to interfere in a criminal investigation. while -- all while his jurisdiction has one of the worst crime rates, has poverty issues and not one time has he used his position to try to investigate people who are attacking me and attacking others legitimately doing their jobs, making him illegitimate in his position and it's disgusting. >> what's interesting that she reframed jim jordan around the frame that we should have for him. he did traveling hearings on the politicization -- i mean, that's not real, but he does have a job and no one ever walks down the halls of congress and asks him what kind of progress he is making on the job the taxpayers pay him to do. >> that's exactly right. it dovetails with what we were talk being last time i was here which is that they never show this much energy in the job they should be doing. if they're trying to uncover or get to the bottom of these mass shootings at schools do they have the same energy? t