the uaw is $30 to $60 an hour. dagen: how is it not good.lease of the mexico deal the market cheered it. >> the market is delusional. trump is a clear and present danger to this economy with his massive deficits. dagen: we are going to get to that. becauser indicator i looked at, you can't find one that's bad. so we'll talk about that with david when we come back. we'll be right back. >> announcer: stocks are soaring and corporate profits are booming but david stockman says it won't last. more david stockman know what? no, what? i just switched to geico and got more. more? got a company i can trust. that's a heck of a lot more. over 75 years of great savings and service. you can't argue with more. why would ya? geico. expect great savings and a whole lot more. (♪light musical cords) dagen: corporate profits booming in the second quarter, rising 16.1% fueled by tax cuts, strong economic growth. those are the largest year over year gains in 6 years. back with me, david stockman. is this sustainable? going to break i said you cannot find one ne

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the uaw is $30 to $60 an hour. dagen: how is it not good.hen you saw the release of the mexico deal the market cheered it. >> the market is delusional. trump is a clear and present danger to this economy with his massive deficits. dagen: we are going to get to that. becauser indicator i looked at, you can't find one that's bad. so we'll talk about that with david when we come back. we'll be right back. >> announcer: stocks are soaring and corporate profits are booming but david stockman says it won't last. says it won't last. more david stockman ♪ hawaii is in the middle of the pacific ocean. we're the most isolated population on the planet. ♪ hawaii is the first state in the u.s. to have 100% renewable energy goal. we're a very small electric utility. but, if we don't make this move we're going to have changes in our environment, and have a negative impact to hawaii's economy. ♪ verizon provided us a solution using smart sensors on their network that lets us collect near real time data on our power grid. (colton) this technology is helping

the uaw is $30 to $60 an hour. dagen: how is it not good.saw the release of the mexico deal the market cheered it. >> the market is delusional. trump is a clear and present danger to this economy with his massive deficits. dagen: we are going to get to that. becauser indicator i looked at, you can't find one that's bad. so we'll talk about that with david when we come back. we'll be right back. >> announcer: stocks are soaring and corporate profits are booming but david stockman says it won't last. says it won't last. more david stockman what do you mean it's not working out, craig? says it won't last. more david stockman i just introduced you to my parents. psst! craig and sheila broke up. what, really? craig and shelia broke up!? no, craig!? what happened? i don't know. is she okay? ♪ craig and sheila broke up! craig and sheila!? ♪ as long as office gossip travels fast, you can count on geico saving folks money. craig and sheila broke up! what!? fifteen minutes could save you fifteen percent or more on car insurance. and i'm still going fo

if you go to it can talk to the old uaw workers who are in monterey, mexico, paying mexican workers $3 an hour without benefit, and they're town has become a wasteland, like all the former manufacturing centers they get corporate capitalism. i think the victims get it. >> let's start there. let's start with anderson, and it's emblematic of a number of cities where it used to be based in factory work or that kind of everybody goes to work together, there's a union. >> right. >> it's a company town. >> compleelt, anderson was. >> and when the company goes away you're left with people who have nothing. these are -- that and the latest factory that went out. >> scranton was another city. >> scranton, pennsylvania. when you talk to those people in those towns, what do they say about having loss, and i'm picking a point to start on. what do they say about losing their unions that they might have expected to protect them from this. >> well, once you passed nafta, you opened the door for gm to do what they did, which was the move their plants overseas. that hadnic to do with the union. the cor

we have more than 10,000 members of uaw employed at general motors and ford and toyota. we are the birthplace of the ford f150 and the gmc canyon. 167,000 is the estimate of workers in missouri associated with the manufacturing of automobiles. my state howeal to we handle this. arear, these tariffs impacting farmers, workers and consumers in my state all negatively. all negatively. it is a real head scratcher that this administration is doing this under 232, national security. me that this is a stretch on national security. you can dress up aluminum and steel, if we need production capability, if we need to go internally to produce weaponry or other things. the car thing seems to be a stretch for me. i think what i would like to ask if any is, if you agree, of you want to make a comment. the center for automotive 25% tariff ona automobiles would average of $4400 to the cost of a car. that seems very high. have any of you taken a look at this because obviously if it goes up that much, that ultimately impacts demand which impacts jobs? >> as far as the research goes, i thi

an see the nomination right uaw. sitting at ay more opposition than support. 38% to 34%. a small margin. no modern supreme court nominaon since robert bjork in ' ' '87. still i think the bottom line question in terms of t confirmation. republicans on paper have t votes. if they all ban together, he will be confirmed. are t poll numbers bad enough to take a susan collins or lisa murkowski fro alaska and say politically i have to be against it. it hasn't reached that point yet, but suggesting it is going in the wrongirtion. if this turns into full blown could have political fallout. >> thank you. i appreciate it. >>> we are following another hung story from wasn this morning. involving one of president trump's favorite targets. deputy attorney general rod rosenstein. a new york times article on friday setoff a bombshell reportinghat rosenstein discussed whether the president should be removed from office. it added fuel to the fire for president trump at the rally la night. bc's geoff bennett has more on that. >> reporter: sheinelle and harry, good morning. thexplosive repor

they had free eyeglasses and vision, right, if you were a member of the uaw, you got a free lawyer if you ever needed one, you got a free lawyer from the union. they got to send their kids to college. everybody got to buy a house if they wanted to. they had ha couple of cars, a cottage up north, all without -- maybe not even a high school education. they created the middle class of this country right here in this town. that's where we're sitting. ok. what happened here was not the fault of the governance of the people here in the city. these were elected mayors and elected city kounls in flinlt, detroit, benton harbor, majority black cities, and the other -- this governor snyder name and -- he doesn't like democracy -- said i'm taking over, dlarld an emergency and all of a sudden if mayors and the city councils were gone and he installed his own cron nice who don't have to answer to the city. >> i think you argue convincingly in the film, it's a future that america faces if things don't change. stick around and i want to bring in to the conversation some people that political journali

if you were a member of the uaw, you got a free lawyer if you ever needed a lawyer, you got a free lawyer from the union. i mean, they got to send their kids to college. everybody got to buy a house if they wanted to. they had a couple cars. they had a cottage up north. and all without -- with maybe not even a high school education. they created the middle class of this country right here in this town. so that's where we're sitting, okay? what happened here was not the fault of the governance of the people here in the city. these were elected mayors and elected city councils in flint, detroit, pontiac, benton harbor, a few others, majority black cities, and the governor, this governor, schneider, came in, and said as a person who doesn't like democracy about as much as trump doesn't like it said i'm taking over, declared an emergency, and all of a sudden the mayors and the city councils were gone and he installs his own cronies who don't have to answer to the people of this city. >> this is the democratic crisis that happens here and the results people poisoned, which we're going to talk

today i marched with thousands from the uaw, the teamsters, the steel workers and many of the other unions. i have been to six picnics and given five speeches. i have been with a lot of union workers and trade is at the top of their mind. the steel workers, i have closed and issuedershuttered factories throughout my district. we will never bring back some of those jobs we used to have. a lot of people are asking questions. i have said if the beginning that if he gets a trade deal that will help the working men and women of my district, i will support it. we haven't seen the details and they are scared and they are not sure what they are hearing is going to bring back jobs. my district happens to be one of the places where north of canada, we're totally integral to each other. it's mexiwhose behavior -- mexi the low labor standards have been far worse and a bigger issue. to just blow off canada bothers people here. so they're confused. they are waiting for the details. >> speaking of canada, what is your take on the president essentially attempting to leave canada out of it? i mean, clearly

something we had, the closest, is patterned bargaining in the auto sector, where uaw would negotiate first with one company, then try to get that deal with the other ones, which was difficult to achieve. we put the difficulty of forming a union in the first place, and the fact that most of the bargaining takes place at the firm level, it is difficult to gain enough power to take wages out of competition. if you want to organize fast food workers, what would you do? if you organize one mcdonald's, that mcdonald's might be owned by a franchisee of mcdonald's corporate. collectivet have any bargaining rights against mcdonald's corporate. and if you organize that one mcdonald's, it won't do anything about the mcdonald's sites in your city or country. you still got, burger king, taco bell, pizza fast foodhese other companies. what european companies often do is strongly encouraged unionization across the entire industrial sector and encourage bargaining across the sector, a much more effective way of keeping wages up, unionization , and promoting workers voices in the economy. guest: we h

with the legislature volkswagen and the uaw are going to come in and unionize tennessee that was the first place they were going to break and get a union in the not a factor in the south. okay. we agree. they had secret ballots for their employees. gave up their attempts. it started making a difference. >> all right, let me tell you how this started. we had a client, cancer treatment centers of america. the ceo said, i want to find a way that we can start getting more experimental drugs in the patient's hands. they are in entity where cancer patients are not one-size-fits- all. we have different genetics and jeans and things of that nature. we had a lunch. goldwater defended the ballot and one in court. we went on that. after that success, brought them to arizona. we had a meeting and we decided we would put together legislation, state-by-state, and hopefully get it passed federally, which allowed a patient and their doctor the ability to try an experimental drug if it past the first round of fda approval. there are three rounds of approval. we say if it passes one, if you want to tr

i am a uaw worker from upstate new york. when it comes to judge kavanaugh in the workplace, there was a 1985 decision in the district court, a slaughterhouse in new york versus the national labor relations board, and the workers foodorganizing with united theers association, and national labor relations act has a broad definition of employee. kavanaugh did not use that definition under the controlling statute. because outside of it and uses a definition of employee under immigration law to deny these workers the right to vote in union elections. it comes down to it that he will always be a corporate business guy, and he will not give a fair shake to the little guy or little gal. that is why i oppose his nomination. host: any reaction to the rod rosenstein story? caller: the issue comes down to his votes, how he is going to vote. host: let's go to california, republican line, robert. caller: what i am thinking about is if the democrats are so concerned about women abuse, how come they are not dealing with keith ellison in min

we have over 10,000 members of uaw employed, general motors, ford, and toyota. we're the birthplace of the ford 150 which we're proud of, along with chevy colorado and gmc canyon. and hundreds of thousands, i think we have 167,000 is the estimate of work es we have in missouri associated with a manufacturing of automobiles. it's a big deal to my state how we handle this. so far these tariffs are impacting farmers in my state, workers in my state, and consumers in my state all negative. all negative. and it's a real head scratcher that this administration is doing this under 232. national security. it seems it's a stretch on national security. we can dress up aluminium and steel if we need to go internally to produce weaponry or other things, but the car thing seems to be a stretch for me. i think what i would like to ask you all is if you agree or want to take a comment on this center for automotive research estimates a 25% tariff on automobiles would average $4400 to the cost of the car. that seems very high. have any of you taken a look at this? because, obvio