swamy kotagiri, ceo of magna. while we are talking about cars, general motors is recalling 2017 to 2019 models of the chevy volt, battery powered car, for the second time in less than a year. this comes after two previous vehicles that had been repaired caught fire. gm will repair these vehicles after identifying the simultaneous presence of two manufacturing defects in the same battery cell. i have to say, these kinds of recalls happen all the time, if you follow the car industry, like i do. you will see recall headlines almost every single day. gm shares are down on this a little because investors want to see the big manufacturers get ev right. amber: i think if i draw parallels between your last comment and the car you drive and the story, i don't think this is the car that you would drive. you are right, there are fires with combustion engines, accidents, but because of the push for electric vehicles and autonomous driving is so new, it seems like these stories are amplified because there is so much more press

and just last night magna buying driver assist supply err veoneer.ulia, thank you very much. let's bring in swamy cot geiry, the ceo of magna international tell me about the deal and your vision for incorporating veoneer and its technology into an extensive suite of technologies that you already have at magna >> hi, phil, good morning and happy friday it was one of the important pillars of strategy as we talked about the investors in april saying we are going to continue to accelerate investment in the growth areas that are relevant to the car of the future, which is electrification, connectivity, ados being the three prominent ones this is part of the strategy we are implementing we always had a great foundation in the assisted drichgt ados domain when the two businesses come together, the acquisition of veoneer, the transaction strengthened that a lot more if you look at the complementary nature of the business, it completely fills the gap in terms of sensor suite, in compute, in terms of all the software features. and really i'm excited that we ar

you have it now, if you get with magna, suddenly ford calls you, can you do it?d a collaboration with toyota. we had a concept in 2019 that takes one platform for their entire variety of models, people movers, cargo, logistics, you name it. a couple of months ago, we signed a strategic alliance to take it to production. a few weeks ago, we announced a collaboration with the poindexter group, about two-thirds of the u.s. market with vans and commercial vehicles. >> unfortunately, we have to wrap it up i find your situation an incredibly intriguing one. come back, and bring it with you, when this covid thing ends. we'll go outside, and you can show me how it works thank you. >> thank you for having me. >> just a pleasure daniel burel, of ree automotive. it's a $3 billion company. and the website is brilliant "mad money" is back after the break. >> coming up next -- cramer is bringing the thunder and answering your burning questions in today's edition of the lightning round. ♪♪ we've all felt this gap. the distance between what is, and what could be. while he's tapp

let's kick it up with magna, the company $3.8 billion takeover. discuss that with the ceo, swamy kotagiri. and we will discuss what cannabis legalization would mean for an industry long crimped by federal restrictions. len tannenbaum is with afc gamma. and shares of snap jump on a blowout second-quarter earnings report. we will look ahead to big tech earnings, giant tech earnings next week. amber, there is a

>> which company is best for their company profile qsi section 230 is like the magna carta of the internett basically allows people and platforms to start the last things to happen and exchange information without a center in a way. obviously every new site has a choice of whether to allow user comments. maybe the platforms i like and rely upon, just to find out if i want to have the right refrigerator in the comments or where we want to live or university teachers, people rely and when we go to a restaurant, it would destroy the internet if we say we can't have user generated comment and its already what we have to pay in the country, we have a legal tax. this will encourage us, i'm not sure it's that, some people are upset with some results but when parties are upset about the results but this is a process. a lot of companies are trying to be as responsible as i can. >> president and ceo of the consumer technology association christiana lima technology for political. they give rubbing on the communicators. >> thank you. >> thank you for the having the communicators, it's an important pro

current constitution blocking progress in the country, so they hope this new constitution and new carta magnarafted by the assembly will also pave the way for the reforms needed in the country. brent: alisa loncon from the mapuche people has been selected to lead the constitution. what is the significance of this? reporter: she was elected by a vast majority. she is a mapuche woman and the rights of the indigenous population will play a role in the drafting of the constitution. she went there with a flag that you can see here in the background. she also important to note that there are 17 seats in the new assembly. brent: yet not everyone in chile is happy about her or this new constitution. reporter: right, there are some politicians from the right of the spectrum that are already calling to reject it. after this process, there will be another referendum asking chilean if they want to approves the referendum or not. so some of them are calling for it to be rejected. but the majority of the delegates are interdependent members of the indigenous population and some of them are left wing. not a

rights as englishmen there already among the freest people in the world that the protections of the magna carta that says no political leader will revoke the law that english bill of rights they have local self-governing assembly at the townhall and also have the writings of english philosopher john locke. virtually all of the ideas that launch the american revolution can be found in the two treatises of government published 1689 the concept of human equality freedom and natural rights the responsibility of government to protect these rights and the rights to revolution if government tramples our rights but the american revolution maybe was both why did the american revolution succeed where the french revolution failed the answer can be found in this book the americans drew strength from the teachings of the narrative arc of scripture rescuing the jews from slavery bringing them into the freedom of the promised land and then in the new testament the story of jesus rescuing his people from the slavery of sin and the fear of death for the american revolution it was the freedom book next to

my view is section 230 is the magna carta of the internet. it basically allows people in new platforms to start. it allows consumers to exchange information directly without a sensor in the way. every website has a choice to allow user generated comments. many websites i use -- or where we want to live, or how a university teaches -- it is part of what we did before we go to the restaurant. it would destroy the internet if we say we cannot have user generated comments. trial lawyers -- one of our most anticompetitive features is we have a legal tax we are plannin -- we are paying. some people are upset with some of the results. when both parties are upset with the results, what does that tell you? this is a process. a lot of companies are trying to be as responsible as they can. host: gary shapiro is president and ceo of the consumer technology association. thank you for being on "the communicators." gary: thank you for having "the communicators" all these years, it is a very important program. >> c-span's "washington journal," every day we t

declassified files that it was definitely happening because robert mcnamara wrote a book in 95, robert magna was his defense secretary. and he said that without doubt, kennedy was withdrawing. and even if we were to lose that war, we would withdraw that the enemies were going to handle this war from now on. after that, mcgeorge bundy was a national security advisor for jeremy, came out with his book and said the same thing, although the bundy was against the withdrawal. he definitely sent it. also we have a phone call in there from lyndon johnson bolling out mcnamara and saying, you know, i never wanted to withdraw like you guys, i never agree with you and kennedy. when you said we have that phone call on team. so this is evidence is intractable that american historians have been denied it, you know, really denied. this is a shame, it'll change the young historians will be coming around because those on the left around the world will think of kennedy and go, we'll just look at the record. he increase the number of devices to vietnam. he didn't sign the civil rights act. he, he was the instig

constitution that is blocking progress in the country, so they hope this new constitution a new car to magna that will be drafted by this new assembly will also lead the way and paste the way for other reforms that are needed in the country. and lisa loan calling from the map, coaching indigenous people. she's been elected to lead constitutional assembly. she's going to lead the riding of this new constitution. so what does so significant about this data? it's highly significant to have him up with a woman leading this, this new process. she was elected by a vast majority of the 155 members. she's them of which a woman and their rights of the indigenous population will play a massive role. also in the drafting of you confusion and yesterday university professor call to advance to apply the national state. she went there with a flag that you can see here in the background. and she called also for a more into cultural julian publishing a new relationship with all of the indigenous groups in the country. and so that's why representation is so important. and it's also important to note that the

my view is that section 230 is like the magna carta of the internet.asically allows people and new platforms to start. it allows things happen and allows consumers to exchange information directly with each other without a sensor in the way. obviously every new site has a choice of whether to allow user-generated content. many other platforms i like emboli upon rely upon those to find it if i want to buy the right as we just did yesterday, the right refrigerator, what the comments are about or would want to live or how you write university teachers. people rely on the net. it's what we do before you go to restaurant. it would destroy the internet if we started saying we can't have user generated comments when we create a new bonanza of trial lawyers. trial lawyers already the big test it's one of those anti-competitive features as the country is we have a legal tax we are paying. this would encourage that so i think section 230 has been great. i'm not sure why it's bad. some people upset with the results but when both parties are upset with the results

people like ron desan stis, he'a magna cum laude from yale.t he is doing is irresponsible and grotesque. >> when people like tucker carlson say maybe the vaccine doesn't work and they're simply not telling you that or laura ingrham says there's nothing more undemocratic than the vaccine, is that irresponsible to you? >> i think it's fine for people to ask questions. people are asking questions and engaging on these issues, i think we'll see a lot of trends. >> the question -- hold on. let me interrupt you. the way tucker carlson phrases it is in a question. maybe the vaccines don't work. we know they work. that's not just a question. that's misinformation. we know they work. ask any emergency room doctor. 100% of their emergency rooms are unvaccinated. is that just a question to your administration is saying we'll have decrease rates of vaccinations or crack down on free speech. many of us look at this issue and say we can increase vacci vaccination rates without having to do it on the backs of american who is want to share their concerns in a

just a regular bow and arrow, but a long bow with a rose that he made in the garage and with a 357 magna him strapped to his leg in case it charged. [laughter] >> a fun saturday afternoon. >> not as i found out. hey nick, want to go hunting with me? sure. 3:00 in the morning out of bed, the drive, the march towing the boat, then we drive for an hour and pull in and get out and we are sort of slogging through the mud. when you are 14 you are like this sucks. thisis is way too early. [laughter] >> for those who don't know, i think it was when you were beginning to be a reporter, you did some really hair-raising stuff. you were challenging life in your own right. so you inherited that certain listed seems to me in a different way. but was he friendly? if i met him i would be scared. [laughter] he's so macho. >> so that's the thing. yes, friendly -- he didn't exude warmth, but my mom more than made up for it. she's sort of the heartbeat of the family, and what i though tried -- what i've tried to reconcile and reckon with is i always knew my dad was sitting this expectation for my brother an

became clear to me is the englishman that left who colonized the american shores brought with them the magnalf defense and bear arms. pre-election, free speech. >> tucker: we will be back very soon every week night and we will see you then. have a greatl night. ♪ ♪ ♪ ♪ >> tammy: hi, everyone, and welcome to this special edition of "hannity," fighting the radical left. i'm tammy bruce in for sean hannity. and tonight, with july 4th around the corner, millions of americans are gearing up to celebrate the greatest country on planet earth. but hold onto your seats, because the biden administration has a major announcement. according to the white house, the price of a july 4th cookout has decreased by an incredible $0.16. forget about the 50% increase in

the magna carta, the 16th 20 a petition of rights, you can't quarter troops in private homes, you haveights, free elections, free speech. >> tucker: will be back very soon. every weeknight, and we will see you then. have a great night. ♪ ♪ ♪ ♪ >> hi, everyone and welcome to the special edition of "hannity," fighting the radical left. i'm tammy bruce in for sean hannity. and tonight with july 4th around the corner, millions of americans are gearing up to celebrate the greatest country on planet earth. but hold onto your seats, because the biden administration has a major announcement. according to the white house, the price of a july 4th cookout has decreased by an incredible $0.16. forget about the 50%

they have the protections of the magna carta, which said that no political leader was above the law. they have the english bill of rights established during the glorious revolution of william and mary they have local self-governing assemblies the town hall. and they also have the writings of the english philosopher john locke john locke virtually all of the ideas some of them pretty radical you have to say that launched the american revolution can be found in locks two treatises of government published 1689 the concepts of human equality freedom natural rights the responsibility of government to protect these rights and the right to revolution if government tramples our rights, it's all there and locks two treatises. well, was the american revolution radical or conservative? maybe it was both. maybe was both the question now is why did the american revolution succeed? where the french revolution failed? part of the answer can be found here. yes in this book. unlike the french the americans drew strength from the teachings of the bible. think about it. the narrative arc of scripture t

rejection is individuals who somehow missed red and corrupted what they believe was the history of the magnaand the constitution of the united states and determined they have no obligation to obey any laws. and that they as individuals are a sovereign nation and a sovereign entity. therefore, they cannot be stopped, they don't have to pay taxes, they can't have their register their vehicles. they cannot be impeded anywhere. and they can have all the arms that they want. there is an african-american variant of this. >> and that variant being the rise of the moors in rhode island? >> well, in fact, there is a broader network which is called the washy pollination or the more she nation of sovereign citizens. you have to understand these people radicalize them selves through not just this corrupt reading of history, but through these scam conferences where they convince other people -- you know, you pay them $20 and they send you documents and convince me you don't have to pay taxes. you don't have to do anything. i heard this in my own barbershop. so, this group in rhode island is a variant of

think wait a minute it's just good business, integrating all these aspects into how we operate on a magna basis. i mentioned already 10 years ago i was the only woman on my board and the only black person, i mean, that would be insane in 2021. i can even imagine now that i lived in that environment. there is no doubt about it that these things are very complicated and doesn't know answer. six month ago i didn't think or certainly before the tragic death of murder george floyd i didn't think boards would have to opine on racial dynamics to the extent we have had to do. i didn't expect to have to think about voting rights, but guess what we did we have to and there is no sort of compass to say this happened and this is what you need to do. very much the environment we are in now. have to think about in six months what might it be, so i'm very interested and the book i'm trying to push for the thinking and efforts around these issues to make sure we are very transparent so you don't end up with a situation where aging employees say we have violence against asian employees but we were so hour

but magna needs it he's fantastic he's a great guest really delightful man. >> 11:45 >> i can't believeech check and it's david frost's son, if you were wondering i love being down here it's just fantastic. i'm going to miss working with you this weekend we can do a show this weekend. >> i'm sorry that i'm not there -- yeah, you do. i'm sorry for not being with you. if they only knew. >> it's one of these facts and it's everything. i hope you'll forgive me for not liking your stock when it was right to not like it and i like that you're no longer going hollywood, you're going wall street. bradley cooper's going to be playing him in some movie. >> right all right, jim, you have a good weekend. we'll see you on the other side. stocks are looking to end the week on an upbeat note we'll be right back. cisco. the bridge to possible. hey, it's good to see you. the company we've trusted to keep us working remotely, is the same company we'll trust to bring us back together. cisco. the bridge to possible. >>> good friday morning. welcome to another hour of "squawk on the street. we're live from

very questionable >> over in london, talking about having a vaccine, considered a violation of -- the magnaf from, david. >> it's in the uk. report out today disneyland paris will require a sanitary pass, that he call it, starting next week. >> jpecs starting to makegood moves. >> stock went up and why you're saying that? >> the facts are changing in a more positive way. good set of facts. >> actually a nice breakout. >> it has. talking more of -- >> didn't you get the, 6:15, get the espn pricing piece 6:15 p.m. >> i think it's morgan stanley this morning, a bullish note subpoena that jessica? >> yeah. and i do like the fact -- >> talk about the parks. >> talking about the parks. >> overweight and i think the move yesterday was in part on the "black widow" numbers. >> unbelievable movie. >> box office and able to accomplish with disney plus having people pay. talked about a lot it yesterday. >> talking about people going out again. i think any parks commentary is a good sign. i do believe there are a lot of people in this country saying, do you have a physician? those who don't get vaccinat

differ if you've been an elusive, thes a good car the fisker ocean is being made with the help of magnahese companies are real. >> lucid may be read, but cciv, it is going to have 1.6 billion shares outstanding it is an over $40 billion market value. >> it can make it, but they should do it -- >> with gas prices rising significantly, it does make an ev more attractive to a consumer. >> gasoline is certainly, in a fabulous piece that rusty brazil did, he basically talks about the wide spread increase in price is just demand over supply there is just amazing demand, and production just, i mean, you know, demand is just well exceeding supply so could oil go to 100 yes. would you play it with a major no you'd play it with d eddvn, d-v >>> next up, next door is going public we'll talk with sarah friar in the next half hour >>> futures, we're a little more than 15 minutes from an opening bell at the new york stock exchange a lot more "sfquawk on the street" straight ahead not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it r

i never heard of magna -- maga people doing anything against the law.t: cynthia gist said "i have never been prouder of congress. representative thompson gave the nation a true investigative hearing concentrating on the facts without distraction." the republican leader kevin mccarthy of california does not believe that this committee is legitimate. he has withdrawn the republican lawmakers from serving on the committee after speaker pelosi barred jim banks and jim jordan from serving on it. here is what he had to say yesterday, requesting the test questioning the legitimacy before the hearing began. [video clip] >> you headache and mary -- committee chair of question the election of george bush and who was suing the president. you have a mini chair who believes that republican senators are equal to terra rest -- terrorists and should be on the watchlist. you have a member who said that the president should be impeached and questioned the election and objected to the elect tears. you have adam shift who is playing nothing but politics. he lied that he ha