back to lenore and lindsey. you heard edward's report. i'm wondering if august, not a great month for stocks anyway, will be a worse month with this what if on the table as we wait for more news how negotiations progress? >> i definitely think august will be news driven. the headlines can swing the market either way. i think that for president trump, one of the biggest mistakes he made was first of all, in march, when he eliminated the deadline, the trade deadline for tariffs to increase to 25% in march. he let that weigh on until may. it made the chinese seem that they didn't have a sense of your again system you saw him flip-flop with huawei. huawei is the biggest chip. it would be better incentive in the negotiation than 10% of tariffs on $300 billion that would hit our consumer. he can really strike hard with huawei. jackie: we'll go straight to breaking news. president trump speaking to reporters on the white house lawn moments ago. let's listen. reporter: [inaudible]. >> i'm not concerned about that at all. i expect a little bit, pe

lenore, let me ask you, i disagree with that. i don't know how, the reason why uber is so popular is because it is so cheap. the moment that they raise their prices, all of sudden you have a whole bunch of other options. so the only reason why it is so dominant is because they're willing to lose money on all of thisthese rides. when they try to leverage it, have a higher price, lyft comes at you with a coupon, you get them right back down. lenore, i don't know how they become the amazon because it doesn't seem like, the thing that makes them attractive is the low price that makes them lose money. >> exactly. you have got to decide whether this is the amazon model or more for those who remember the webvan model. melissa: right. >> as a consumer i love these guys. i love the ability to have an app, anywhere i travel, theoretically i can go use it. the challenge is insane amount of money that they are spending to really blaze this trail. they're having to deal with unbelievable regulatory problems. for example, in italy where i spen

connell: the president, lenores, says he is not willing to make that concession yet. not ready to cut a deal especially with china. can he continue to fight this trade war if he gets the backing and help of the federal reserve, asking that ahead of the big jay powell speech tomorrow in jackson hole? >> well, he can, he can certainly keep trying but there is a price to be paid for this, right? we have global supply chains that have taken decades to put together. and they can't just be quickly dismantled and rebuilt. on top of that if you're in the c-suite of any of these multinationals that will be impacted by these tariffs the last thing you want to do is actually deal with it right now because you have no idea what you will actually end up with. well he will put tariffs this way, i will rearrange it, it could end up being completely different. all the uncertainty only makes it worse. we all agree china has not been playing by the rules, how about taking a lookals the imf worked out very well for us with disputes how china is behaving itself. connell: all right. melis

it's a permanent worry for custer lenore and her family when the canal was 1st planned workers showed up to measure out their house when they protested things turned nasty. be almost broke our heads the national guard had as lying down on the motorway and if we lifted our heads they stomped on them they swore at us hit us with sticks they broke my brother's ribs. just a full state of wide a state repression in the country when police ransacked and then occupied her office monica lopez fled to costa rica custer lenore's family still fears they'll be targeted again and they will yet while this government is in power we are not safe everyone that big robbed them putting in jail is at risk and the government still budgeting for the canal authority it set up despite the lack of progress we went from office to office looking for the man who heads it money well coronel but couldn't find him or interview requests to the government also went unanswered. to all intents and purposes it seems this is now a ghost project but while it exists at least on paper it's still hanging over those who never

it's a poem and a worry for custer lenore and her family when the canal was 1st planned workers showed up to measure out their house when they protested things turned nasty. be almost broke our heads the national guard had as lying down on the motorway and if we lifted our heads they stomped on they swore at us hit us with sticks they broke my brother's ribs. just a full state of white a state repression in the country when police run sacked and then occupied her office monica lopez fled to costa rica custer lenore's family still fears that we targeted again. they will yet while this government is in power we are not safe everyone that they grab them putting in jail is at risk and the government still budgeting for the canal authority it set up despite the lack of progress we went from office to office looking for the man who heads it money well coronel but couldn't find him our interview requests to the government also went unanswered. to all intents and purposes it seems this is now a ghost project but while it exists at least on paper it's still hanging over those who never wanted i

it's a permanent worry for custer lenore and her family when the canal was 1st planned workers showed up to measure out their house when they protested things turned nasty. but i'm not that as i be almost broke our heads the national guard had us lying down on the motorway and if we lifted our heads they stomped on the sward ass hit us with sticks they broke my brother's ribs. just a full state of white a state repression in the country when police run sacked and then occupied her office monica lopez fled to costa rica custer lenore's family still fears they'll be targeted again. they will yet while this government is in power we are not safe everyone that they grab them putting in jail is at risk and the government still budgeting for the canal authority it set up despite the lack of progress we went from office to office looking for the man who heads it money well coronel but couldn't find him or interview requests to the government also went unanswered. to all intents and purposes it seems this is now a ghost project but while it exists at least on paper it's still hanging over tho

lenore, low and behold, walmart is able to navigate around china. who knew? we said from the beginning that there isn't just one country selling things but this was supposed to be the quintessential example of where we were going to get slammed based on this trade war was cheap t-shirts being sold at walmart but they can do it, i guess. >> yeah, very impressive with how they are managing to do that and also what i was impressed to see how you been able to shift more online because that's an area they were struggling in. as you mentioned, retail sales came in quite strong and if you look at over the past three months online sales versus in-store sales for retail in general have been growing at 4.5 times the pace for the online first brick and mortar. what we saw with walmart is that their online sales accrued roughly double the pace which is meaning their gating chairs. melissa: jeff, i don't want to put you on the spot so give you the pit, comment on walmart and what it means for the economy or what about the ge story? >> that ge story shocked me whether or n

neil: that is a good point, lenore. one of the things that came up, the president was being advised of china trying to deal with the hong kong thing. for wont of a better term threw beijing a bone. i will delay some tariffs to go into effect to get us back on track and get cooler heads to prevail here. obviously the latter doesn't appear to happen just yet but what will the impact be on us, do you think? >> what we've got, there are two games being played. china very much plays the long game. they do not play to win this year or next year. they play to win over decades. the u.s. has a very different system because we're a democracy. we elect our leaders. trump is facing an election coming up in 2020 as we all know. at the same time you have two cars going at each other, playing chicken, engines are falling apart in both of them. in the united states the economy is really struggling. we're seeing a shrinking work week. we're seeing factory oh time hours down to an eight-year low. organization for economic cooperation, le

it's a permanent worry for custer lenore and her family when the canal was 1st planned workers showed up to measure out their house when they protested things turned nasty. be almost broke our heads the national guard had as lying down on the motorway and if we lifted our heads they stomped on them they swore at us hit us with sticks they broke my brother's ribs. just a full statewide a state repression in the country when police ransacked and then occupied her office monica lopez fled to costa rica custer lenore's family still fears they'll be targeted again and they will yet while this government is in power we are not safe everyone that big robbed them putting in jail is at risk and the government still budgeting for the canal authority set up despite the lack of progress we went from office to office looking for the man who heads it money well coronel but couldn't find him or interview requests to the government also went unanswered. to all intents and purposes it seems this is now a ghost project but while it exists at least on paper it's still hanging over those who never wanted

kornfeld, i live next year cousin, lenore and my uncle has a cattle farm in new york and he's going to lose it. $600,000. guyid michael, there is a named max yasgur. there are witnesses to this story and it is in my book. went and met with max and made a deal for the farm. it was $60,000 originally. i couldn't believe it. i closed a movie deal and we went from warner bros. to get up there and michael says take the motorcycle. we are all over these farmers lands, 12 farm share and we got 40,000 people on the land. i said why don't you get releases? he said you have to do that. first of all, i don't ride motorcycles and second of all, you should have taken care of this. i'm on the other side of the fence, in new york. so i went from door-to-door to door, i drove the motorcycle and had the right to sign for woodstock ventures. and youere from italy had your whole life invested in this farm and all of a sudden, everything was getting trampled. woodstock ventures $60,000 to be paid within 120 days. i did that to about 16 farmers. some were very nice, i wound up having coffee and pie. some c

american carnage as he did in his inaugural speech he is talking about places like caldwell county and lenore that resonates with those people because there's been an ending out of that as a faction tops that you're seeing a whole decline in the whole civic culture that's going on there that's why you have these these really deep seated problems like increases in suicide and opioid use and out of wedlock births and it's not just those areas but all roared north carolina and a lot of all america. the appeal of right wing populism in small town rural areas left behind by economic change plays a major role in the hyper partisanship in america today but there is also a critical cultural dimension that became clear an elk in a town just an hour up the road we like small town values and we certainly appreciate in the cold with the bible these things are still very important and we don't want. that to change stephen harris was born and raised in el can and is now a columnist at the town newspaper so this is an area where evangelical christianity is very strong and he said president trump supports or

american carnage as he did in his inaugural speech he is talking about places like caldwell county and lenore that resonates with those people because there's been an ending out of that as a faction tops that you're seeing a whole decline in the whole civic culture that's going on there that's why you have these these really get seated problems like increases in suicide and opioid and out of wedlock births and it's not just those areas but all roared north carolina and a lot of all america. the appeal of right wing populism in small town rural areas left behind by economic change plays a major role in the hyper partisanship in america today but there is also a critical cultural dimension that became clear an elk in a town just an hour up the road we like small town values and we certainly appreciate enough coal with the bible these things are still very important and we don't want. that to change stephen harris was born and raised in el can and is now a columnist at the town newspaper so this is an area where evangelical christianity is very strong and he said president trump supports or appe

american carnage as he did in his inaugural speech he is talking about places like caldwell county and lenore that resonates with those people because there's been an ending out of this a faction drops that you're seeing a whole decline in the whole senate culture that's going on there that's why you have these these really deep seated problems like increases in suicide and opioid use and out of wedlock births and it's not just those areas but all royal north carolina and a lot of rural merican. the appeal of right wing populism in small town rural areas left behind by economic change plays a major role in the hyper partisanship in america today but there is also a critical cultural dimension that became clear an elk in a town just an hour up the road we like small town values and we certainly appreciate in the cold with the bible these things are still very important and we don't want. that to change stephen harris was born and raised in elkan and is now a columnist at the town newspaper so this is an area where evangelical christianity is very strong. yes president trump supports or appears

american carnage as he did in his inaugural speech he is talking about places like caldwell county and lenore that resonates with those people because there's been an ending out of as a faction chops that you're seeing a whole decline in the whole senate culture that's going on there that's why you have these these really deep seated problems like increases in suicide and opioid use and out of wedlock births and it's not just those areas but all royal carolina and a lot of rural america. the appeal of right wing populism in small town rural areas left behind by economic change plays a major role in the hyper partisanship in america today but there is also a critical cultural dimension that became clear in elk in a town just an hour up the road we like small town values and we certainly appreciate in the cold the bible these things are still very important and we don't want. that to change stephen harris was born and raised in el can and is now a columnist at the town newspaper so this is an area where evangelical christianity is very strong he said president trump supports or appears to suppo

kornfeld, i live next to your cousin, lenore, and yasgur has a cattle farm up in new york and he's going to lose it. he needs $60,000 desperately. i said, look, let me have his number. i said michael, there is a guy named max yasgur. this is the true story, not michael's story. this is the honest truth. there are witnesses to this story and it is in my book. people that heard the conversation, you know? mike went and met with max and made a deal for the farm. it was $60,000 originally. when i got up there, i could not believe it. i just got from closing a movie deal and we went from warner bros. michael says take the , motorcycle. we are all over these farmers' lands, 12 farms here, and we have 40,000 people on the land. i said, why didn't you get releases? he said, you have to do that. i said, michael, first of all, i don't ride motorcycles and second of all, you should have taken care of this. that is your part of it. i'm on the other side of the fence, in new york. i need people there. so i went from door-to-door to door, i drove the motorcycle and went with a pad, and i have the righ

consequences and the consequences for the country itself at the same time they are interrupting our other lenore processes as well as literally the human rights of indigenous peoples which there are multiple in brazil and they are actually the ones who do normally fix the forests which the are just completely in the situation so just to be clear to turn around what you're saying to us there what what we seem to be saying is the climate this year is no different what the climate was last year this is not weather related this is related to politics and to what the politicians were talking about mr paulson are here want to do with the rainforest. yes yes they're really about 2 feet in on their rain forests that is there to be extracted to make a profit and they are making programs actually the ministry of environment is being mocked and or the ministry of agriculture and it's really represented if you or you're seeing the amazon going to biggest extent possible for a great business and this what you're seeing is that is nikki sixx always and most of the forest players in the amazon are actually dar

economist lenore hawkins came on the show recently and explain the consequences of that. >> these guys start to default who is going to be left holding the bag. well, of the really big challenges here is you can't actually get through bankruptcy. you can't remove this debt, where you can with everythingelo do?ev you're not going to pay your credit card bill, you're not going to pay your mortgage, you are not going to pay her home on because you don't have a choice even when you go to bankruptcy to not pay your student loan debt. >> tucker: the student loan crisis is a modern problem. just 13 years ago, the average new college graduate owed $20,000 in student loans. today, that number has jumped to 37,000. student debt is rising far faster than the earnings of american workers, the very earnings that are supposed to justify student loans in the first place. for professional degrees, the number goes far higher than that. the average law school graduate carries more than $110,000 in student loan debt. for new doctors, the burden is nearly $200,000 by the time they finishedch medical schoo

that we're being shortsighted i think you have to look at our economy as a dr horton economy, as a lenore economy. mortgages, housing punching above its weight doing far better now they can't hide it, the mortgage rates have to go up we're seeing banks under pressure, they're all going to be dealing with bad -- if you look at the mosaic of loans, there isn't anybody in any situation that will default that wasn't so, funds can single the wrong thing when it comes to our country. maybe not germany. germany is really completely caught up in how slow the chinese economy is look at those numbers. >> the chinese economy going down. >> give your money to the german government, you get 94 cents back >> people do that when they have too much money, nowhere to put it, got to have somewhere, they don't want to invest necessarily because they -- that's how it becomes self-reinforcing >> why wouldn't merkel do it to get her economy moving why? they fear the deutsch -- >> our president continues to be on his mantra of cut, cut, cut >> look, i think our rates are too high >> there is not that much infla

american carnage as he did in his inaugural speech he is talking about places like caldwell county and lenore that resonates with those people because there's been an ending out of as a faction tops that you're seeing a whole decline in the whole senate culture that's going on there that's why you have these these really deep seated problems like increases in suicide and opioid use and out of wedlock births and it's not just those areas but all royal carolina and a lot of rural america. the appeal of right wing populism in small town rural areas left behind by economic change plays a major role in the hyper partisanship in america today but there is also a critical cultural dimension that became clear in elk in a town just an hour up the road we like small town values and we certainly appreciate enough coal in the bible these things are still very important and we don't won't. battle to change stephen harris was born and raised in el can and is now a columnist at the town newspaper so this is an area where evangelical christianity is very strong and he yes president trump supports or appears

jackson admonition, polk, serving in the house, to help advance jackson's calls mostly represent lenore county in north carolina senate, from 1829 until 1837, following his defeat for the senates governorship, mostly with his family, when he aided the territory received into the union as a state. eventually serving as first governor in 1845. polk mostly curried, but mostly expressed his concern about the oregon territory and a possible war with great britain. the war would overcome oregon, mostly turned to the almighty, and he thanked him that his friend was president. flattering, he expressed, i fully believe that he intended to bless this country when he placed you here, his parting words were, do what you believe is right, and i know you will, interest the consequences to your god and all will be right. this letter is but one example among many within the correspondence of james k polk, in which religion is invoked. in examining the papers of polk, it serves that the majority of the discussion of religion comes from the receiving end. with polk reluctant to mention god or religion, u

lenore, let me talk to you first. you are a retired sales person.ldn't sit through the whole thing, i was late when it started but what i did hear i thought that think just kept showing their true colors. and their true colors are. they are unpatriotic. they just want taxes and we have had a great run in mccomb county. and in michigan since trump has gotten in. and we want to keep it that way and everything they are trying to do has destroyed all their proposals they are trying to destroy the economy. pete: you think socialism adds up to tearing down what's been bill of indictment in this country. >> yeah, and in this country, in our culture. pete: well set. you are a navy vet. >> yes, sir. pete: you called trump called a racist not just by the candidates but the moderators. >> they are tired of the race bait card they are using. it just using that to just get the black vote. black america has woken up. donald trump is delivering on jobs. and the democrats lie to get in office. and then they do nothing. they promise you the moon and the stars and th