we are really happy to welcome jim o'neill to the team.was the chief economist at goldman sachs. we feel kano needs to be in a coating kit all over the world. we need to unlock potential. jim o'neill understands this intimately. we are bringing collaborative ventures along. and you mentioned our backdrop as a crowd funded company. you will be crowdfunding $500,000 on choir an amazing place for the community to come together and get a significant equity stake in the company, not just buying a product. we will use that community as we used the kickstarter community. new ideas for developing the business, and for fun. the more participatory the company is, the more accessible the final product will be. natasha: i'm curious who the users are at the moment. what is the gender balance? are you thinking about ways to design the kit to be equally appealing to girls and boys? alex: that was a design goal from the beginning, that it should speak to fundamental impulses rather than those delineated by age and gender. we believe no matter who you are,

we are really happy to welcome jim o'neill to the team.the chief economist at goldman sachs. we feel kano needs to be in a coating kit all over the world. we need to unlock potential. jim o'neill understands this intimately. we are bringing collaborative ventures along. and you mentioned our backdrop as a crowd funded company. you will be crowdfunding $500,000 on choir an amazing place for the community to come together and get a significant equity stake in the company, not just buying a product. we will use that community as we used the kickstarter community. new ideas for developing the business, and for fun. the more participatory the company is, the more accessible the final product will be. natasha: i'm curious who the users are at the moment. what is the gender balance? are you thinking about ways to design the kit to be equally appealing to girls and boys? alex: that was a design goal from the beginning, that it should speak to fundamental impulses rather than those delineated by age and gender. we believe no matter who you are, you

brendan: jim o'neill has wandered this out loud. we have tom orlick with us still.lide in equity markets in china has taken a pause, problem solved? >> the government seems to have managed to calm down the market. the bigger question is with such massive government intervention and so many shares suspended and so many investors instructed not to sell what has been the cost of stabilizing the market? have they stabilize the market but killed market mechanism in the process? brendan: thank you very much. coming up, we see by -- why share buybacks could run into roadblocks. this is "bloomberg surveillance," and we are asking the twitter question of the day -- does the new york stock exchange matter? not really anymore. let us know. ♪ tom: good morning, everyone, crisis over, quiet in greece this morning but also the headlines of pepsi-cola doing better than good. it's a single digit world but they are managing through cost control? vonnie: absolutely in fact $5 billion worth of product to the gains beating on the top line. tom: let's break out a bottle of water this mo

report from the united kingdom, a review on antibiotic -- resistance led by the brilliant economist, jim o'neil, noted that increasing reimbursements for new antibiotics will have limited good infection control and stewardship practices within hospitals, end quote. the study required by this amendment will provide valuable data on the link between efforts to incentivize development of new antibiotics and the development of resistance to be sure we don't repeat the cycle. i want to be clear about what's at stake here. worldwide antibiotic-resistant infections already kill 700,000 people every year. if we don't act now, by the year 2050, according to mr. o'neil's study the annual death toll will rise to 10 million a year the costs will be $100 trillion. . without antibiotic, the modern medical advances such as joint replacements, organ transplants would be impossible. even the routine procedures such as departmental work would be too risky to perform. so we have to remember our urgent need for new antibiotics is due to our widespread misuse and over use of the current antibiotics that led to the

you may not remember tip o'neill and jim wright, dan rostenkowski they're jokes now but they were not funny then. they were exactly the same as reid pelosi obama. if you look at today, don't think those democrats can not become us. they can. they will. they need our big tent. they don't need a closed tent. we need to accept them into our fold. once they get in they will do what al gore said to me, six months ago, best bill i ever voted for economics led to 20-year prosperity. he loves his vote for the '86 tax act. go read what those guys wrote in that time that situation what they said it would do. makes me and steve look like left-wingers. schumer wrote that. >> it is an important point that the reason hillary's speech was important last week is she basically said, if you elect me you will not get a third bill clinton term, you will get a third barack obama term. i don't think the american people want a third barack obama term. the party is clearly being shifted to the left. which i think is extremely discouraging right? i think it is so discouraging that those ideas, those new democ

you may not remember tip o'neill and jim wright.ow, but they were not funny back then. they were the exact same as read, pelosi, obama. when you look today don't think those democrats cannot become us. they can and will. they need a big tent, tent, not a closed end. we need to accept them into the fold. once they get in it will do what our core said to me six months ago. the best bill i ever voted for 20 years of prosperity. he loves his vote. go read what those guys wrote. and that time and that place in that situation what they said this would do it makes us look like left-wingers. schumer with that. >> it is an important. the reason hillary speech was supported, she basically said if you elect me not going to get a 3rd bill clinton term. you will get a 3rd barack obama term. i don't think the american people want a 3rd barack obama term. the party is clearly being shifted to the left which i think is extremely discouraging. it is so discouraging that those ideas have been cast aside which makes it all the more important we get th

know, jim baker, myself, others, were accused of being the pragmatists in the white house, those who would not let reagan be reagan. the reality is, ronald reagan was the ultimate pragmatist. tip o'neill used to say, i don't like compromising with reagan because every time i do, reagan gets 80% of what he wants, and reagan would say to jim and howard myself and others, i will take 80% every time. i come back the next year and there's the additional 20%. that is what governing is all about. they can go get 70%, but if you are a good salesman like clinton was or reagan was, you make it look like 80% and then you still come back for the additional 20%. an instructive story for you. at governors island in the new york harbor there is a famous picture now of reagan, gorbachev, and george herbert walker bush with the statue of liberty behind them. this was one of the only times they let me play advance man. i knew the photo i wanted. because i grew up in new york city. gorbachev came to the u.n. to speak and we met with him and we brought with us president-elect george herbert walker bush for a ceremonial passing of the torch. gorbachev began the lunch by explaining that he was not sure whe

the famous tip o'neill that every politician must ask for your vote directly never goes out of style. and joining me now is the assistant democratic leader of the house, jim clyburn. he was in one of those meetings with hillary clinton today. did she ask for your jim clyburn vote or support for president of the united states? did she ask you? not directly. thank you for having me but, no, she did not ask directly. i think mrs. clinton knows i have made it a practice that as long as south carolina remains a preprimary state that is allowed to move, iowa, new hampshire, nevada and, of course, south carolina. i have made it a practice not to publicly get involved until after the south carolina primary. and she knows that. by the way, i was in three of her meetings today. >> you've given us the protocol. can you imagine endorsing bernie sanders, webb, chafee, who is the other guy running? >> i have a very good imagination. you know me very well. yes, i can imagine it. we'll see what happens as it progresses. >> what was the pitch to you? did you hear something different today you thought was a new appeal she was making to win to lock up this nomination? >> i