talk about the ppp members and i have the metric on my wcrs screen.is a danger that are actually, in an environment where the ecb says we are out for 2017, we are going to do what we are going to do and deliver upon it, the fed may end up being more hawkish than anticipated and the dollar may go from strength to strength. parity, there is plenty of calls out there as well. a lot of political risk. euro going from strength to strength. to get down to parity will be driven by some sentiment and momentum him rather than fundamentals. we arelevels are at 133, massively undervalued. that is laptop about momentum and sentiment and we have to be respectful of that, however, the crux of what is going on with euro-dollar as a cross, is your interest-rate expectations. i seem to remember this conversation taking place at the same time last year. our view is we will get two. the reality of the situation is i do not believe the fed will be up to increase rates anywhere nearly as quickly as they would like or markets are expecting. there is too much quantitative e

when viewers started counter programming, the halftime show shifted to ppp stars.kson in '93. in 2001 britney spears took the stage along with her then boyfriend justin timberlake. >> they called me up and asked me, and i was like, yeah. >> starting in 2005, network went to classic rock like the stones and paul mccartney. >> i see you are wearing red and blue. does that mean you're rooting for the pratatriots? >> no, just slow down honey mp. >> in 2011 black eyed peas coming down from the roof in texas. lady gaga, take note. >> headlining in 2014, bruno mars sat in on drums at one point. >> drum solo for bruno. >> bruno back last year joining beyonce in her third appearance and koeld plldplay in their fir. >> halftime performers don't get paid but of course their expenses are covered. and they do see benefits in other ways. for instance, koldplay's record sales jumped 365% last year after their performance. beyonce and bruno mars also saw a spike in their record sales. monday morning, get ready for a run on gaga music. we'll be back with more in a moment. next on k

we've got this exclusively tonight, brand new national polling data from ppp. this is the second time where public policy polling has given us a look at this data. i'm thankful to them for letting us see this data. this is on-the-nose newsworthy because in one important instance it shows us the difference between where the country is at in terms of accepting this new administration and approving or not of what the new president is doing. it shows us the distance between where the country at as a whole and where trump supporters are at. watch what that looks like when it comes to whether or not the president ought to obey the federal courts or not. okay, so first let me give you kind of the big picture. the white house is not going to like any of this. overall. but i'm going to give you the top line national results here. i will go through these quickly, they all point the same direction. do you approve or disapprove of president donald trump's job performance? answer, disapprove. 43%-53%. a net 10-point disapproval rate. do you have a favorable or unfavorable o

we have a great picture of how ppps can go drastically wrong. you can make your own decision about where you think the u.s. falls between the institutional quality of chile which is high and sub-saharan africa in terms of our ability to manage ppps properly. >> want to take a guess where we are? >> i leave that up to you. the institutional reforms also necessary when we think about larry's comment about the anderson bridge. larry's five years is actually misleading because there were another three years wasted in the planning process before you actually got to that. so in fact it's at least eight years is actually the right thing on that. now, that's both about bureaucratic issues but also about a planning process that reacted to perhaps the excesses of the robert moses era of megaprojects in which we allowed a master builder to go ahead and build bridges across new york and did things that looked very unattractive in some ways but on the other hand, he got things done and respond to this by saying everyone has a seat at the table. if you want t

to use the ppp projects. why is that not working in rural america? is it the scale or what? >> thank you for the question. generally in the rural states, we just don't have the revenue generation or the volumes that would support a public/private partnership concept. certainly other systems as well, other financing systems, we could look at but direct funding works best for us through the formulaic system. it's based on the type of volumes we have. >> right. >> and the expansive nature of our surface -- >> can your state sell bonds to begin paying afterno ining on au can get the project done earl r earlier? they're called garvey bonds in west virginia. don't ask me what garvey -- it's anning a nichl. >> senator, we have used garvey bonds. our primary source is through the federal government. the comment earlier i think was made about the ten cent fuel tax i guess was passed four to five years ago. that only pays less than 20% of the cost of the surface transportation, and the vast majority comes from the federal government through the formulaic system. >> thank you, mr. chai

. -- ppp,e: we were showing the there are some in ways you can look at it.onger or weaker dollar better for the u.s. economy? marc: i would say yes. [laughter] the right answer i think for someone who president trump might asks is not a strong dollar or weak dollar, the best thing for the u.s. is that the dollar is set by the forward exchange market. this is important because this was an arms-control agreement. we could have a currency war like many people thought we had, which is mostly crying wolf. if we have a currency war, the u.s. talks down the dollar, the japanese talk down the yen, we have a downward spiral in global capital flows. the best answer for donald trump, if he does not know, would be the g7, the g-20, that the foreign exchange market decide. vonnie: related to your new book, you have all these agencies and meetings with groups. where does capitalism come out at the end of this? do we have a system like the g-20, nato, the debbie ef, the imf -- wef, the imf? for: we had capitalism these institutions and we will have it after these instituti

without that revenue stream, the ppp structure doesn't work. >> correct.s going to my next question. you've been in and around the political world long enough to know the american public, i demand better roads, the airports are terrible, amtrak's high-speed rail goes 48 miles an hour in some spots. yet, if you suggest raising borrowing or raising taxes in any form, they balk. they want everything but want someone else to pay for it. so do you think the government would have the ability and the appetite and the political will to take on more debt to do stuff? >> well, this is a key part of the debate. fundamentally, we do need to -- we need to bear the cost of that infrastructure. it is noteworthy our freight rail system works much better than our passenger rail system. that's because more of it is driven by user fees basically. the typical chinese driver pays more per mile on a chinese highway than the typical american driver does despite the dramatically lower per capita income there. so there is this big question here exactly to your point. we can't expe

. >> on the transportation issue, you mentioned in your statement the ppps don't work for rural areas. we have had some in mike's backyard route 35 that's been a ppp project that i don't think we're on -- we're on the verge of getting it completed now, but wouldn't have if we had not had your state d.o.t. to use the triple projects, why is that not working in rural america? is it the scale or what? >> are generally in the rural states we don't have the revenue generations that would support a public-private partnership concept, but other financing systems we could look at, but direct funding works best for us, it's been worked out a number of years and at least in rural states it works very well for us, it's based on the type of volumes. >> can your state sell bonds to begin paying on a payback so you can get the project done earlier, they're call garvy bonds, don't ask me the acronym, i don't know what it stands for. >> we have used them, and it's through the federal government, the comment earlier i think was made about the ten cent fuel tax passed some four to five years ago, that

a recent ppp poll shows fans are pulling for the falcons by 2 to 1 margins.ross party lines. for me, i'm already looking leads to super bowl lii. will the democrats filibuster the gorsuch nomination? ♪ if you have moderate to severe ulcerative colitis or crohn's, and your symptoms have left you with the same view, it may be time for a different perspective. if other treatments haven't worked well enough, ask your doctor about entyvio, the only biologic developed and approved just for uc and crohn's. entyvio works by focusing right in the gi-tract to help control damaging inflammation and is clinically proven to begin helping many patients achieve both symptom relief as well as remission. infusion and serious allergic reactions can happen during or after treatment. entyvio may increase risk of infection, which can be serious. while not reported with entyvio, pml, a rare, serious brain infection caused by a virus may be possible. tell your doctor if you have an infection, experience frequent infections, or have flu-like symptoms, or sores. liver problems can oc

and i would add to what you're mentioning, is that we've had polling out this past week from ppp thatws i believe 53% of americans call it a muslim ban and are also against it. so, it's not supported by the public either. but i think the way this administration rolls with donald trump and his rasputin, steve bannon, they don't play by the normal rules. they don't care, necessarily, about public opinion. they don't care, as you touched on, the unjustice of this order. i think they're going to probably try and rewrite it. the problem they will have with rewriting it is it can be crafted in a way to perhaps get around the muslim ban. but yet, they can't erase the history that's there of donald trump calling it a muslim ban, of donald trump making the campaign speeches about a muslim ban, of rudy giuliani referring to it that way, so all of that history will still be brought in. and there was one key finding in the court ruling in the ninth circuit where they found that the states did have standing. ordinarily when you go forward with a court case, that's a big hurdle to get through. >> t

the ppp poll shows fans are pulling for the margin and two to one on each side and for me, i'm alreadyhead to super bowl lii. go, pat, go. when we come >>> back now with the panel, a lot to get to. i want to do the ryan interview and the pelosi interview. first on ryan. this is someone who was in the trump skeptic category and was never a never trumper, but was never a trump lover. he's now trying to find his way. how much patience does that chunk of the party have for president trump, alex? >> he's appointed a cabinet that that chunk of the party's very happy with. he's taken action as far as keeping the country safe, he's proposing tax cuts and deregulation, opening up the economy which i think is the single biggest challenge that's going to renew this economy and t itoing again. i think republicans are very happy with the substance of everything donald trump is doing, turning the big 1,000-foot ship of state is not like turning a little business speedboat, you know? you rocked the passengers and can't do it quite as quickly, but i think republicans, they see that if the big red wall

the ppp poll shows fans are pulling for the margin and two to one on each side and for me, i'm alreadyer bowl lii. go, pat, go. when we come back, the fight over the supreme court. will the i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo is specifically designed to open up airways to improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your doctor will decide if you can stop breo and pres

, route 35 has been a ppp project that we are not on the verge of getting it completed now, but it could have gone on if we didn't have the ability to for the state d.o.t. to work the triple p projects, and why is that not working in rural america -- the scale or what? >> thank you for the question. generally in the rural states we don't have the revenue to support a public/private concept. other systems as well, and other financing systems we could look at, but the direct funding works best for us through the form laic systlay -- formulaic which is based on the volumes that we have and the nature of the transportation. >> can your state sell bonds to begin the famt of a project to get it done, and they are called the garvey bonds in west virginia, but i don't know what the acronym derived from. >> well, we e have used the garvey bond, and the comment l earlier that we made earlier about the 10 cent fuel tax that was passed some four to five years ago, and that only pays less than 20% of the cost of the surface transportation, and the vast majority comes from the federal government throu

self making zeros instead of a half percent per tariff that would be a good thing but that's not what ppp. the last point and if anyone asks me today i would recommend they go against brexit and obviously they used to love xenophobia to push that in a lot of our right lies. we will get our money for the national health service. those clearly were factors. those were bogus arguments. the other indication we are supposed to be thrown into a recession or whatever with brexit. the idea was as soon as they took out the vote it would collapse and that collapse did not happen. i think there will be negative repercussions for the uk. they certainly have a situation, i mean we don't know what sort of barriers they have put in one hand you have an impulse that is very punitive and it's punitive to them too. they are saying let's negotiate something that is the least painful to both of us might guess they would go on a punitive side and that would be bad news for them. you are not going to see the second great depression in the uk but i will make one qualification. i haven't studied it closely but t

he's also talked about funding it to the ppp scheme.i'm getting the private sector into in structure project. the market is hoping for quite a lot. i'm not sure this will be able to live where the markets will be disappointed. investors finally begin to realize you may not be able to deliver everything he wants. >> it is almost impossible to do that. but what is your general take from this as well when it comes to a net widepoint view. particular, they are strong-armed into creating more jobs here. is that a net positive for net negative? >> it is great headline news. no they will create a lot of jobs in the u.s.. that they have not come out with any kind of announcement about lesson plans, about hiring plans. he's going to strong-armed them if possible. whether they will allow themselves to be strong-armed, it is basic the an economic summit. they want to manufacture in the u.s.. it is not straightforward. it is great. it will be implemented as easily. >> i think that you think that u.s. equities may well outperform other parts of the

>> at the end of the day this polling numbers you're giving me and i'm seeing and ppp i'm family withwant to move those a little to the side because the numbers are going to get worse. if you look at the early moments of barack obama, you look at the affordable care act and you want to compare all the poll numbers, i got to throw those out the way because 2020's a long way away and talk about 2018. that's going to be the bench mark of trump's favorability. 25 democratic senators are up for reelection. republicans don't have a comfortable margin in the united states senate. that's where we're going to find out the real trajectory of the trump's policies, his success and failures and people are starting to run for those seats right now. i'll put that in context for you. there are two congressional races in america. the democrats have yet to even file somebody to run in those seats of substance. so to tell you right now, 2018 the special elections right now, the democratic party better get their act together today by electing a new chairman to move forward but 2018 is what we're going to

i think that-also as far as you have to also remember that the one project that is a five-year ppp. one project that is not funded at all is a geary light rail. he geary prt is supposed to be light rail ready. you have to think about that because the geary light rail was one that was improper b. it was [inaudible] prop k but i hope that together. thank you very much >> thank you ms. sacks. any other matters the public here for general public, squeak seeing none, public comment is closed. >>[gavel] >> the transportation authority commission is adjourned. >>[gavel] >>[adjournment] >> >> >> today. >> (clapping.) >> i've been working in restaurants forever as a blood alcohol small business you have a lot of requests for donations if someone calls you and say we want to documents for our school or nonprofit i've been in a position with my previous employment i had to say no all the time. >> my name is art the owner and chief at straw combinations of street food and festival food and carnival food i realize that people try to find this you don't want to wait 365 day if you make that brick

i saw a ppp poll that had all of these negative headlines and then he ended up being at like 45% approvali'm not sure david ignatius isn't right. they may know exactly what they are doing as far as insiting this type of reaction and watching it work in their favor. very important to remember that from '68 to '72, there were constant protests out in the street. the may day protest. kent state. it was horrific. it looked like the world was coming to an end. richard nixon went from barely beating hubert humphrey in '68 to winning 48 states in 1972. this was a reason because parents like mine were scared to death what they saw across america. >> this is why with if the left and progressives make their march look like the women's march they are in great shape but if it starts to look violent, they are in bad shape. a bright line to me. >> we have an example of a persuasive protest this morning. the ceo of uber, travis kalanick, who was on trump's advisory board for business, felt the pressure, not violent pressure but felt the pressure from his consumers, customers who were dropping up the app

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