peter has shown that. peter, i know you're going to enjoy your retirement, but i want to say personally as a friend, thank you so much for what you've done. i know mike, your good friend, i know you guys went to the same school and your commitment to the community and san francisco is just overwhelming to me. you always put the port first, and in 31 years, it's always went fast. but now you and jodi deserve to go out and enjoy your life. thank you for having a vision and being bold and not afraid of change. peter, once again, this staff, port commission, we all owe you a debt of gratitude. you was a lightning rod between labor and the port, and you were comfortable at both sides of the table. you were able to bring labor and the port together. it's something that those people in washington, d.c. could learn something from. thank you. [applause] >> my turn. peter, i have had an honor of knowing peter for over 21 years, and i just so admire his commitment and passion to maritime and to the port of san franci

peter: in illinois. tom: in illinois, because he had to drive from dry iowa across the mississippi river to illinois, where he could get a drink. peter: so is he one of the fathers of the third revolution? tom: without a doubt. and he never got his recognition. his idea was swiped by some folks over here in the east coast academic institutions. he went off to do other things, because the second world war intervened. eventually, his work was recognized by the united states court of appeals, in a lawsuit, as to just where did this idea come from? and the poor guy, his decision occurred the day before nixon's saturday night massacre. and all of the newspapers and all the media outlets were all about that and not about who the true father of the electronic computer is. peter: so, tom wheeler, when you look back to 2015 and the beginning of our net neutrality debate and regulation here in the states, how does that fit into "gutenberg to google"? does it? tom: that wasn't the beginning. peter: right. tom: we p

produce more salt peter. the other method is bring major financial incentives to virginia. as a result many to be b cobarnes will be dug up. the labor force is also enslaved african americans but it will create this competency in salt peter manufacture among the enslaved that will stick with americans through the next 50 years. and many of the small producers we'll see later on in our story will be enslaved but they'll remember the revolutionary experience and how it produced war material. now, the revolution doesn't last forever. although america is never really able to get suffle sufficient in poud -- self-sufficient in powder -- let me put some numbers. the united states produced 115,000 pounds of domestic salt peter. sounds pretty impressive. in the same period, imported half a million pounds from france and a million-and-a-half pounds. so we win our independence with other people's gun powder. but to many americans it proves that it is possible with enough effort and enough difficulty for america to beco

so what do you think peter. i mean i don't like a lot of other countries have trade surpluses with china i don't think anybody's going to be left out of anything again i think this is all cosmetics and it wasn't obama that caused our trade deficits i mean we had tremendous trade deficits before obama became president we had you know we finally took out the records that we said under george bush for goods deficits under under donald trump we just had to worst trade deficit ever in merchandise under trapani significant progress and the more we want to try to scapegoated on bad deals the less we're going to actually pay attention to the real cause these are self-inflicted wounds that we're suffering from it's not the chinese doing it to us we did this to ourselves and it's going to get a lot worse if the democrats take over in twenty twenty and try to you know implement any portion of that green new deal or a lot of the laundry did list of socialism programs that the democrats are itching to pull the trigger rob yo

>> the faa is not too close, peter. want to stand up for the faa. 38,000 employees work at the faa. these are highly trained, highly professional people. they get up every day and care about safety. the acting administrator is a career employee. he's not even a political employee, peter. he spent his whole career working on safety and working on making sure aviation is safe. and that's true of the 38,000, many of whom are air traffic controllers, but many of whom work in safety. the faa is a highly professional organization that cares about aviation safety. >> and we heard from the acting faa administrator this morning on the "today" show on nbc. i want to get your reaction to what he said, take a listen. >> you have to establish at least more than a gut feeling that the two crashes are related before you ground an entire fleet. >> of course. but did all those other countries go on gut feeling, not data? >> you would have to talk to the other countries. >> the president tweeted, quote, airplanes are becoming far too com

peter strzok under oath says "no." why is not popular gotten to the bottom of this insurance policy? >> trey: because i think you and i got to the bottom of it. the insurance policy lisa page, peter mccabe and andy mccabe, peter struck all sitting in a room saying, look he's not likely to win it but upon remote chance that he is, y which is buys that investigation come in and counterintelligence investigation that we launched in july. that was their insurance policy but they just never thought he was going to win. >> ed: pheasant that suggest was it started with a lie? >> trey: i viewed the mueller probe what russia did to this country in 2016. that part is not a lie. the second part of what mueller is doing is with him if anyone did they do it. i have seen no indictments. no convictions on the crime of collusion in part because there is not a crime. but when it's a conspiracy with the nc server, pack emails, no indictments have been the americans much wet -- much less trump campaign on either one of those. so i think

hello and welcome to cross talk where all things are considered peter lavelle finally robert mueller has completed his investigation into so-called trump collusion with russia there are no additional indictments the report is finished but the fall out continues. across talking them all the report i'm joined by my guest is i.b.m. or oh he is the founder of the center of political strategic analysis straw poll and in london we cross to marcus papadopoulos he is the editor of politics first magazine crosstalk rules in fact that means you can jump in anytime you want and i always appreciate it and i want to show what i brought here for show and tell here this is a nothing burger just like the moeller report here see there's nothing inside nothing to see and so we will keep this here as a reminder of the reporter marcus let me go to you first and london. we everybody can talk about there's no new indictments of the cushion or family trump family they're not implicated in all of this you know circus for two and a half years here but i think one thing that's not being considered very much o

welcome back to cross talk where all things considered i'm peter lavelle remind you we're discussing the moeller report. and now we go to athens and we're joined by alex performing he's the director and writer for the duran dot com welcome to the program. this part of the program i want to talk about media coverage of this entire moeller investigation fiasco that's my word here of course we had a lot of tears literal i think literally tears on rachel maddow his program poor thing you know what if i was paid thirty thousand dollars a program to talk about that i probably wouldn't do it i suppose but i have a conscience and she doesn't alex you know even now there are democrats and of course c.n.n. reflects that their point of view or they're in lockstep they're so angry that they want to call to have him put under oath to answer questions about this they want the underlying. information and research materials and evidence that basic make that are they found is the foundation of the report and no one's read the report as we're sitting here right now so the media isn't taking it very we

peter: i don't think so. i ask because i honestly -- i'm not saying it is, but this is clearly what some people will say. when you. talk about china, that is what they say. that it is a politically motivated massage of the data that gives a certain message. are we heading toward that in the u.s.? peter: i think people are trying to do everything within the bounds of what we have to work with. household data is still knocking door-to-door versus payroll. i am not worried is that it is politically motivated, but i do think we should address it. lisa: all right. david, it wasn't that bad. peter, you are sticking with us. coming up, boeing is under pressure after a second 737 max jet rushes and kills 157 people in ethiopia. more on that next. this is bloomberg. ♪ >> boeing is under pressure. shares drop about 9% in premarket trading after the 37 max eight jet crash. we are joined by two guests. consultingages projects for the commercial and industry.ircraft we start with our first guest, what is the latest. how i

very very little watch book but you know what are the biggest consequences peter of this entire year moeller two year plus witch hunt we got the word fake news. the american public now does not believe c.n.n. or at least half of the american public half plus does not believe c.n.n. and i said to see new york times we got fake news we got. state now everyone no one ever talked about the deep state before this now if you want to talk about the deep state we've got corruption no one ever thought the united states government was going to be areas this corrupt no one ever thought that hillary clinton democrat primaries no one ever thought any of these things and that we learn best again brought this out it's incredible to watch the blow back to the media and to the government and to the intelligence agencies that this report actually developed into you know it's interesting because during the same time period alternative media like where you are right now in a lot of podcasts essentially displaced this legacy media for exactly the same reasons that for a mention i mean people simply don't

say peter blesses heart peter we live by merit how many viewers you get how many likes what your flight will score how much you make each year how fast was i going everywhere we go everything that we do look let me just say quickly the best part about this story is the brazen let me just say this whatever for get the fact that transparency how about this what if i said little peter lavelle i'm going to take your picture peter and i'm in this super imposing of photoshop it on a pole vaulter or somebody in the crew team i'm going to give you listen to this there are parents who by the way will take kids who want to go in on an athletic scholarship give the kid tommy john surgery when he doesn't need it basically build up ligaments there are people who are taking international test in china let's say twelve hours ahead paying somebody off and sending it this is an end. it's like the drug metric you're just picking up on the fact that felicity huffman and lori laughlin and their brat kids because they're so stupid that only after they do it they go and brag about how they're in the system b

peter: he had a stellar career.f economist in delivered apartment under president clinton, the head of the council of economic advisers under president obama. labor economics was his specialty, but i would say what he is probably most women but for is his work on the minimal wage, finding that contrary to what you will find in any economy 101 textbook up until his work, it is not true that raising minimum wage necessarily kills jobs. he looked across the border between new jersey and pennsylvania as the natural experiment. one raised minimum wage, and one didn't, invest food. he found they did not have -- in fast food. he found they did not have the expected effect. that research and following research to corroborate and extend it helped make the case for the higher men, wage we are seeing now in states and cities across the country. vonnie: a lasting legacy, and those studies and equality in america. michael mckee, he was counselor to tim geithner in the financial crisis days, before he became part of the obama adm

still with me, greg peters, mary bowers, and jub hurren.what are you expecting from frankfurt next week? jub: the key thing for us to watch will be any revisions to the staff projections on growth and inflation. they look high in terms of expectations for 2019, given the recent growth weakness we have seen. they have projections of around 1.7% for 2019 versus a consensus of roughly 1.3%. the market will we watching that to see how far that number is revised down to see how the ecb is thinking about normalization of policy going forward. there is expectation about an announcement or further news on supporting the banking sector. it is a big meeting. ultimately, the ecb are unlikely -- are likely to maintain a more dovish bias. there is uncertainty in the external environment. our take on the european domestic economy, we have seen strength, particularly in the consumer sector with unemployment almost at precrisis lows and wages heading higher. this photo has been an external factor that largely points back to china. the ecb will have to make

joining me now is peter bullard from our rio bureau. learned from the cup is weak, how bad can he get for them? peter: they are not optimistic on restoring lost output that has been shot as a response of safety concerns after the dam disaster. they had 93 million tons shut in. there is one large mind that they are optimistic about getting. -- getting up and running this year, that the company feels can be operated safely. the iron ore market should get used to this huge hole that was left by vale. alix: bloomberg interviewed rio tinto's ceo and asked what they would do about that supply gap for iron ore. here's what he had to say. >> they are doing low-grade, so the market is responding. short-term, not moving a big way. we will look at different options. alix: give us some perspective of how tight the market is. players like rio short-term will not try to up their iron ore production. peter: vale, on a call today, they said that in asia, the actual fiscal impacts of the lower supplies coming out of brazil will only be felt about now. b

peter, iam peter bowes joins me live from los angeles.authority says the plane is safe to use, but they are demanding changes to the software at the same time. what is going on? well, yes, it does seem to be contradicting itself in a way. they are going to make some design changes by next month. this relates to the flight control systems of that jet and this to the flight control systems of thatjet and this will require some flight thatjet and this will require some flight crew retraining. at the same time, insisting it is very early daysin time, insisting it is very early days in the investigation as far as this latest plane crash is concerned. they will need to see the data. you mentioned that the black box has been found. engineers from boeing, the federal aviation administration, they are on the ground in ethiopia working with local investigators as well to try to establish what has happened. as with all transport investigations carried out by the faa it could take time to reach conclusions based on the date at which they say they have

peter: the problem is rather simple. force 40 years of capitalism after the war, capitalism worked a it was supposed to optimize multiple stakeholders, like the customer, the employees, the shareholders, the corporation itself, and the community and in the nation. now, that was then. today's version is different. it is called shareholder primacy. maximize simple, value. capitalism has done that. david: we have a chart that you provided, showing the difference between 1945 up to 1980, the 1981 to 2014. the decrease in income of people by thirds. and it is striking that it is a different pattern before 1980 and afterwards, so what caused that? iser: in the old days, that not the right chart but we have another chart -- david: we will find it. peter: what happened before is that multiple stakeholders, in the multiple stakeholder era everybody won. it is important to look at the chart, the first column into the bottom 90% at 80% growth between those 40 years. the next 9%, almost 100. and at the top, they did about 20%. close

with it wrong yeah once again the germans and the french are not happy about that bob aggressively peter when push comes to shove the europeans to back down why because in the caltex so it wrong the choice off on the trumpet ministrations of the year against it since you want to have access to the american markets for eight hundred million or you have access to the right i'm not being disrespectful to the iranian market but in terms of business business people all going to choose the american markets and just going back to the law that's that's i think it's an opportunity to really analyze and launch an investigation into what i agree with here that ok marcus public office like you very much for joining us on this part of the program here we're going to go to a short break now and after that short break we'll continue our discussion on the report state with. a. busy officer. to get up off the ground to serve begin to. remember things on the sounds of an mit. manly commission essentially gives. hurley . drew his own. individual twisted away from the officer holding the toys out of his cri

peter: that is correct.bout lowering prices necessarily but providing a better proposition for carriers. you can do that without lowering rates. stayay the point is set up , the way the carrier alliances are arranged, we are putting ships all over the place unnecessarily, creating a lot of additional cost unnecessarily. ships staythat the in port longer. customers don't like that. there is a lot of additional cost. they will see the benefits of that rationalization. the alliance can show that it creates efficiencies, a faraway benefits -- it will faraway benefit having them compete. yvonne: you used to have the had of being the top of the u.s. chamber of congress here in hong kong. we were speaking to carrie lam and she was talking about how vulnerable hong kong is in this trade war between the u.s. and china. peter: hong kong citrus between china and the united states. anytime the two big economies are having difficulties, one is attacking the other. separate in terms of how they are treated by the united s

peter: no. and the company did not offer much guidance on that.ow, they have a group of mines that have been shut and they are hoping that some of this, that one of these can be brought up by the end of the year, and that the full impact on sales in the most positive scenario would only be about 50 million tons, but they are leaning toward a more negative scenario. alix: what about the cost impact on that? any impact on the cost for sure yet? peter: you know, one of the things they said was they are not going to be firing employees. they are going to have lower production with similar costs. they are going to be hurt by the lack of production. at the same time, keep in mind that they'll being such a -- avle -- vale benefits from these higher prices. even though they are producing less, they are being compensated by the higher prices resulting from their own shutdowns. alix: peter, good point. thank you so much. now we want to get into the ring. the worst regional chemical disaster in 14 years. 11 days after the intercontinental terminal tanks erup

peter: why not? rep.oyle: because i don't think we are at a point where we need to break up those companies yet. that is the point we are at. i think senator warren is trying to distinguish herself from aipac of candidates that -- k ofelf from a pac candidates to distinguish yourself, and she makes a statement like that and it gets headlines and people talk about it. i don't think we are at a point where that is necessary. buy the argument there should be more antitrust scrutiny? rep. doyle: it's one against the other. my thought is, i would like a situation where we don't need more scrutiny. and that would mean that people are behaving properly and doing the right thing. i think the scrutiny comes when , and itvior is not good needs to be there. hammerort of like the that sits there that is not going to be taken out of the box to swing at you unless you do something to deserve it. i have always thought the best situation is when we don't have to do that, but there are times when it is called for and that

peter strzok, the prospect candidate trump might be elected president? in november when you said it would be f-ing terrifying you were investigating if he colluded to interfere in the election. peter strzok, the allegations made public, he's being careful not to step on open investigations but he says the al gau allegations that are public are members of trump's campaign may have been doing that. question, why in the world would you be talking about impeachment if you did not think he, trump specifically had done anything wrong. peter strzok, because without getting into details here that are either classified or in the context of an on going investigation, my concern based on the credible allegations that members of his campaign were actively colluding with the government of russia struck me as an extraordinary threat to america and represented ent interruption, represented the most unbelievable severe and reprehensible behavior that any american could engage in. oh. so even if it wasn't at that point in the investigation, the prospect that trump himsel

german peter extraction companies are apparently welcome in the baltic states. from the state of lower saxony runs a company that extracts people in latvia. working in the more difficult heavy machines can easily get stuck in the soft ground. the soil yields not only peat but also a lot of dead pine trees some are up to two thousand years old the wood is shredded and then burned in the local power plant. by the these people so that we can keep an eye on the market higher in the baltic states so at the same time pete extraction is decreasing in northern. no but it's long to pull from of you need to get the permits are no harder to get because extraction is now only allowed on old farm land on. the topic of inflation eloped is. in germany peat can only be extracted if it lies under meadows and fields and latvia peat can be extracted from forest land but the land has to be drained first existing more land cannot be drained but peter extraction permits are relatively easy to get here and there's not a lot of red tape. another advantage is lower labor costs and the p

[laughter] >> i will quote peter baker. [laughter] who, in december 17, you did one of these long stories that you are talking about, about trump's daily life. you quoted somebody saying that trump had said during the transition, i want to treat every day of the presidency as a tv show in which i vanquish my rivals. >> right. >> so, no. [laughter] >> if i could extend on that -- >> did you quote peter baker? [laughter] >> that is the next volume. >> the baker tapes. >> the baker tapes. >> what really worries me is that the constitution is relatively clear on how you impeach and convict a president. there is nothing about how you physically remove him from the oval office. think about the scenario. the president gets impeached and convicted, he's in the white house, he's pleading to his to his followers, they are trying to take away your president, and his followers tend to be heavily armed. all it takes is 15,000 of them showing up heavily armed and washington, d.c. and you get something worse than tiananmen square. >> the

thank you so much, sir peter. peter westmacott, former british ambassador to the united states. israeli prime minister benjamin netanyahu will visit the white house next week for two days. there will be a meeting with president trump on monday and a dinner on tuesday. the visit comes just a few weeks before the israeli general election. live from new york, this is bloomberg. ♪ david: new developments in the boeing crisis. we now have a bloombergs who -- a bloomberg scoop about what happened the day before the line air crash. help from an unexpected source that may have saved the flight. we are joined by bloomberg's alan levin who broke the story. it is a chilling story. explain what happened. the night is before the lion air accident on october 29. the same plane is flying to jakarta. very shortly after takeoff all sorts of alarm bells go off. including a stall warning, which is dangerous. the pilots are having a difficult time handling it. we now know it is the exact same series of malfunctions that led to the ac

alix: good point, peter. now we want to get into the ring. worst regional chemical disaster in 14 years. 11 days after the intercontinental terminal tanks erupted in flames, panic spread across houston, the company's ceo apologized. >> let me begin my remarks by expressing my apology and the collective apology of everyone at itt for the impact caused by the terminal fire. alix: with us from houston is mike jeffords who is following the story. what can get in and out of the houston channel and what can't? mike: so, we've tracked so far only one crude, not a max crude tanker, made it into the houston channel. that was yesterday on a three-day delay. right now, there are probably at least seven or eight crude tankers waiting to get in. getting out is the first priority for the coast guard. as of yesterday, they said the ship channel was 35% open. i think they want to get the ships out to make way for inbound traffic. alix: what is the knock on effect to that? if you have ships going through the channel, what are the restrictions that might be in

your knowledge with peter kirk and a former u.k. police officer live on they programmed just the surmise what we're seeing these live pictures of that building run six seven hundred meters away from where the initial. shooting was on the truck. what the police are saying is that there are several injuries one person is dead we saw at the body outside a tram we do not know whether it is a victim whether it is one of the attackers one of the shooters and we do believe that there is no more than one on the run this is very much a developing story from this central dutch city of tracked we'll be keeping a very close eye on developments this hour in the coming hours. ok let's move on now to more world news the united states has made its largest deployment of a tucker craft to the u.k. in more than a decade the b. fifty two strategic bombers which are capable of carrying nuclear weapons are to take part in nato drills in the country of georgia close to russia's southern border they touched down just days after the pentagon mentioned the w

hello and welcome to cross town where all things are considered peter lavelle who would have thought a somali born muslim woman elected to congress would ignite a long overdue national conversation also tried of wants to make the military industrial complex again. cross talking some real news i'm joined by my guest dmitri bobbitt he's a political analyst we spoke nick international and in athens we cross to alex krista for oh he is the director and writer for the duran dot com all right gentlemen crosstalk rules in effect that means you can jump any time you want and i always appreciate let me go first to our athens alex. congresswoman omar her greatest sin was not saying anything remotely anti-semitic not even actually anti israel her sin was is to reveal the very cozy relationship congress has with apac and with israel and she got plummeted from for it on all cross the aisle both sides and the media continues to misrepresent what she actually said and then we point out here it's probably the only issue that i would agree with her on and i think that what's that's is what makes this

peter strzok was a man who thought he was untouchable.e in thinking that he was going to be able to control and sometimes maybe showing off for his mistress at the time lisa page let's never forget that but also in his own role to grow up within the department. peter strzok was central going back to the e-mail investigation , into the russia investigation, into what became the mueller investigation, so what we're seeing here is yes, we see the bias. the transcripts reveal the bias and when we see that mr. mueller actually got rid of him based on , you know, his actions and those texts so i think when we look at this together we get a picture of someone who was brought up or allowed to grow, if you would, under the department of justice under president obama in which politic s became the foremost word, not justice. maria: yeah, i understand, so in other words they were very heavy -handed with the investigation into donald trump on flimsy evidence and yet they were very light on the investigation of hillary clinton another tweet that your c

hello and welcome to crossfire for all things considered i'm peter lavelle traditionally in the foreign policy blog with the assistance of the legacy media define an immediate threat for a foreign military intervention or coup there haim has been to manufacture public support today it's different with virtually no public debate venezuela is the target of a forced regime change the problem is force regime change has a deplorable record. talking forced regime change i'm joined by my guest michael holmes live in washington he's a senior fellow at the brookings institution and in paris we have healed along he is a former foreign affairs minister of ecuador currently an associate researcher at the institute of strategic and international relations right gentlemen cross-talk rules in effect that means you can jump in anytime you want i always appreciate it let's go to gayle men and paris over the last few days john boy. the national security adviser was on. c.n.n. with jake tapper and he said the following i'd like to see a broad a coalition as we can put together we can put together to put t

chiefjudge, peter kidd, live earlier from the melbourne county court. correspondent in australia, phil mercer, whojoins us from sydney. so what has been the sentence for cardinal george pell on the various charges? well, george pell was convicted in december of five offences, and as we have just heard from the chiefjudge, judge peter kidd, he has handed down a range of sentences for those offences. and in total, george pell has been sentenced to six years in prison. george pell, six year prison sentence handed down by thejudge in melbourne. and as we have just heard, the cardinal will serve a non— parole period of three years and eight months. so that means he will spend the best part of four yea rs will spend the best part of four years behind bars. and we had previously the judge telling george pell that he had displayed a callous indifference to his victims, and that he had behaved with breathtaking arrogance. and it was a fairly damning summing up of the case by thejudge. it fairly damning summing up of the case by the judge. it took him fairly damn