>> first of all, steve moore, nobody hates the rich just because you're saying to the rich we expect more from you in terms of -- >> they're saying fair. what is fair? >> erin, i think it means paying the same kind of share that is corresponding to the pain that is actually being attributed. that is for most of our history since the second world war, certainly the first three decades after the second world war, the rich paid about 70%. that was the highest marginal tax rate, and nobody complained that that was unfair. >> you know as well as i know there were so many loopholes that that was not the effective rate. >> erin with all the deductions, even the tax credits, the rich at the time were paying more than 50%. steve moore is saying that's not fair or that's bad or somebody hates the rich, no, more and more of the nation's income is now concentrated at the very top. most americans have had no income, if you adjust for inflation, in their income in 40 years. why shouldn't the rich pay more when more and more is concentrated at the top? >> steve? >> this is exactly the opposite of t

that is steve moore. this is bloomberg. ♪ david: this is "balance of power" on bloomberg television. i'm david westin. we turn onto mark crumpton for first word news. mark: president trump appears to be responding to a new york times report that he has carried out a secret assault on the investigation that centers around him. he tweeted that the times report is false, and that the paper is a true enemy of the people. the times calls his campaign an attempt to create a narrative of a president wounded by "deep state enemies." the former fbi director andrew counsel'sose special that the he says public should know if they have found the smoking gun or nothing at all. -- says regulations call for it to be confidential. and syria is accusing the u.s. of sabotaging improved in ties with other arab nations. a media advisor to the president says the u.s. has pressured allies the block syria's reinstatement into the arab league. hurtingser says it is attempts by damascus to unlock funding to rebuild after eight ye

i'm on the thought she might thank you for your company business news is up next with steve. moore trigona international talk show for journalists to discuss the topic of the week when it is bracing for further protests as its embattled president targets a young leader who many venezuelans hope will reap the grip of the corrupt elite cool when the power struggle and at what price that's our topic on trust me up to. sixty minutes. here's what's coming up hole in the book loosely so much movement to. get this thing. done to talk about. this country take a look at what all that means for the type of course. i'm going to sleep every weekend here on t.w. . crimes first against humanity. civilians see come six. their record is travel around the globe your social media. propaganda picture one is from digital investigators combed through the flood of images they combine summer suits trying to reconstruct what happened and to substantiate claims of crimes thanks in this video recording of the surgeon who shot the young man is on trial now st. paul's forensics between the bits but. truth det

we spoke with steve moore, the president of the campaign for president trump in 2016.is what he had to say. >> let me be clear about this, i think that that is way too tight right now and i think that we do not have enough dollar liquidity in the market. everyone agrees the fed made a bad decision, and the fed admits that now. david: a bad decision. certainly, the markets reacted badly. but was it catastrophically bad for the economy? douglas: i do not think so, and i worry that the fed pays too much attention to the market in the near term. number one, the fed is not too tight. for them to have a 1% religious ise is -- real interest rate not something that is too tight. and we have seen the household sector growing rocksolid between 2.4% and two point up as every years. so there is a lot of momentum going into 2019 and no reason for the fed to be looser than this. i had heard that they had convinced markets they were not going to move again, or they have decided they do not need to move again and i think that they are wrong. either way, they need to work on communicat

host: steve moore. guest: i hear those kinds of stories all the time in my book omics, the last chapter of the book is called a light switch is flipped from off to on. i came from a story from with a guy who works in auto repair shop and he has 15 mechanics and 45 servicepeople, about 20 employees. ask people howi is business and almost universally people today say business is good or great which is fantastic. the gentleman said to me something really interesting, he said steve, it was almost like the day after the election when donald trump was elected a light switch in my business was flicked from off to on and he's ever since then, it had more business than i can possibly handle. in its reverberating throughout the economy. as obviously a lot of areas in the country it was the ultimate big improvements and is the german from west virginia was talking about earlier. ands a very healthy economy this could not be the obama economy because so much of what we have done has been to reverse obama's policies

have you both back to talk about it there may be news tomorrow we'll have to see but steve malzberg and michael moore thank you both for your time sure appreciate the discussion pleasure thank you. and it's time now for a quick pause for the promotional cause but we note that the united auto workers union has just filed suit against general motors for the closure of three auto plants in maryland ohio and michigan we'll have more on this next time and hang here because when we return the lead trade negotiator for mexico and pastor hayes soon gives us his take on trade in light of the new nafta this is going to be good he's in studio as we go to break here the numbers the closing bell will be back in a flash. the trumping ministrations attempts to impose regime change in venezuela appear to be faltering. interim president. hasn't gained much traction this me explain the administration's escalating rhetoric after all we're told a military option is still on the table. this is city creates its own kind of virtual reality it has the greatest number of skyscrapers in the world. the highest population densi

have you both back to talk about it there may be news tomorrow we'll have to see but steve malzberg and michael moore thank you both for your time sure appreciate the discussion pleasure thank you. and it's time now for a quick pause for the promotional cause but we note that the united auto workers union has just filed suit against general motors for the closure of three auto plants in maryland ohio and michigan we'll have more on this next time and hang here because when we return the lead trade negotiator for mexico and bastard a suicide gives us his take on trade in light of the new nafta this is going to be good he's in studio as we go to break here the numbers the closing bell will be back in a flash. join me every thursday on the alec simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see you then. or. all my dough for one hour sixteen level going to see if you do know a new. job far and up dollar are former isis fighters and they're now boarding a philippine naval ship. not for the ned sounding name ninety dollars. just aren't abdulla still

democrats have been unanimous in calling for northam to go, most republicans did not call for steve king or roy moore or donald trump to step aside. over the weekend trump took to twitter to deem northam's transgressions unforgivable which prompts reporters to ask kellyanne conway why trump has not spoken out against say steve king. >> the president brought out northam over the weekend but people wondered why he didn't do the same thing when steve king was in the news about the white supremacy comments. >> you guys always want moral equivalence on everything. >> joining me to you to break down the situation and the response from both parties, adam ser wer and legal analyst milea wylie and senior vice president for social justice at the new school and mia, i'll start with you. i don't understand what northam is doing but it is interesting to watch the clarity of the democrat party response. >> yes. i'm really saddened by what northam is doing. because i think at -- first of all, it was the most racist offensive photograph we can imagine seeing. the fact that he changed his story was taking a beginning

steve scully's, debbie stabenow, and house democratic chair hakeem jeffries. c-span's washington journal, live every day with news and policy issues that impact you. friday morning, the heritage willation's stephen moore, discuss the trump administration's economic record and impact on the 2017 tax law. and senior congressional reporter eugene bolero will discuss prospects for a major infrastructure deal. willlarson of connecticut discuss his legislation to reform and expand social security. be sure to watch c-span's washington journal friday morning. join the discussion. >> coming up friday on the c-span networks, remarks by former georgia candidate for stacey abrams. she will be at the brookings institution to talk about race and political power. the wilson center hosts a conversation on the united states mexico canada agreement and mexico's trade policy. , directore the meyer of the white house office of science and technology, on the advancement of american science. at u.s.n two, a look relations with north and south korea and the potential outcome of the summit on improving stability. and a discussion on texas versus a's are, the pending lawsuit claiming the affordable aie care act individual man

moore street? he said, at 625 morris, we got somebody stealing power. the next morning they followed them from 625 morris to the vicinity of 292 presida. at 10:00 that morning, i saw steve soliah h, kathleen soliah, and josephine soliah come out of 288 presida. i expected them to come out. that's who we've been surveilling. then i see what i think is bill and emily harris walk down the same set of steps. they were literally 20 feet away from us. i mean, we weren't even breathing inside this place because this is supposed to be an unoccupied camper. >> i took a load of laundry down to the laundromat that was protected around the corner from presida. i was in there doing laundry and i noticed a guy come in the laundromat dressed in a suit. this was a totally working-class neighborhood. lot of latinos. white guys in suits were generally cops. he looked me dead in the face. and i'm looking him dead in the face. turns immediately to his right and goes to a pay phone that's on the wall near the front of the laundromat. you know, i get a really, really bad feeling about what's happened. so i immediately went home and i told emily that i thought i got made by a -- by a cop or a

they need to know who's their tim cook to this brilliant steve jobs, just like who was the andy grove that was going to be there to back up gordon moorer bob noyes and others, who else is there besides jeff bezos but dangerous to blame the victim. it's reckless but all kinds of private personal communications that shouldn't have been stolen or put out thereor used as bribery and extolen. he's being victimized. i support amazon employees that are largely rallying behind him and the board is supportive and not the guy is abusing company resources or pilfering or harassing employees. this is nobody connected with the company. i think it's a very important distinction and he's not getting a free pass because he's a technology genius or associated with anti-trump publication. >> do you think, jeff, clearly, this is what he did in his private life as he outlined, his own phone, personal communications but his response to it was squarely in the public view do you think the board should have been involved when it came to issuing this blog post on medium of all places before it was actually posted? >> i believe -- >> does it become a corporate