charles and thinking that ubi is a solution then. i'm going to disagree with that. but i'm going to try to end -- this will take ten minutes tops on a note of -- agreement areas in which i think charles plum -- as he always does something worth elevating. and perhaps agreeing upon if we can. i have a pretty significant wrinkle that i'm going to dangle in front of you and see if you nibble. so this may be somewhat here, here,e.i. but i will assert based on extensive evidence that social security, medicare, medicaid the affordable care act and the safety net are all working very well. having their intended effects efficiently and effectively or there certainly aspects of those programs that need work. about as charles suggested solvency issue must be resolved for large insurance programs. but in the very first paifnl his book he said suspends political disbelief which is actually a very reasonable thing because if you're going to read about a really -- very large game changer like a ubi, you kind of have to suspend political lead unfortunately if you're talking about

and eduardo porter is more skeptical of ubi.ist who writes mainly on economics for the "new york times." chris, how did you come to think about this? presumably watching facebook and the kind of technology of this evolution must have something to do with it. >> absolutely. you're watching a world that is changing incredibly fast, and the reality is the nature of work itself has changed dramatically. upwards of 40% of jobs in the united states are now contingent labor. uber drivers and things like that. as that starts to change and change quickly, the safety net has not caught up. it's not sufficient in size and most importantly it's insufficient in the way we cobble it together. it's pretty clear. it's really social security for all, a check from the government that enables people to live their lives as they see fit. >> but to explain, again, the underlying premise here, you really think that automation and these technological changes are going to create, if you will, on one level so much per activity but take away so many jobs

to use the any ubi schemes or welfare states, the answer is every single one.he welfare state which becomes very much pejorative, when talking about our advanced civil economies that despite the elderly shouldn't be poor and that in fact it is better to provide low-income moms with kids the resources they need to raise their child as opposed to somehow deprive them as a punitive measure. what you see in every country is way more of the intervention than we do here and if anything, we move closer to some of that at least when it comes to some of the programs that work. it is a political view because we recognize it is confident for americans to consider work as a ladder out of poverty. if we are going to solve some of these problems, there are a lot that ought to be working we ought to guarantee them jobs and in fact we had a subsidized job program and we subsidized the wages in private or public sector jobs and employed about 260,000 people and time-limited i thought it was a pretty successful program. >> i will just close by saying in a year that has been char

stream or via c-span who want to get involved, you can go to twitter and the hashtag is hashtag cato ubi. >> you may be wondering how did the former president of america's largest union who helped elect barack obama and his successfully organized obamacare end up here with a wi-fi password of give me liberty. [laughter] that's a subject with the world's first scholar in recent history so murray who is now my fellow luddite apparently, it's about a subject i know nothing about three years ago, if you ask me what universal basic income was i wouldn't have known so let me explain how i got here. i spent 38 years working for the same organization, i'm a one job in a lifetime person like my father and grandfather. my employer managed to my career, my healthcare, my job, my pension. and in 2010, probably at the point that many people say i was at the most successful period in my life, i quit. i retired. because despite all the work i had done for the union and all the wonderful things i had done with child care, home care, nursing home work that i was privileged to work with and all the good t

losses and they are the competitort and the big difference is that h ola does not have the cash that ubio push back against they could subsidizeer. and that created substantial losses. hola will have to be scrapped here. uber needs to show they can have success and they need to show they can go into these markets and not create huge losses for themselves. say that they have now expanded to 28 cities. we will be watching our tech editor. thank you for an update on this story. on facebookerg is live. he kicked off a session while barbecuing before the presidential debate. he took questions from users with current events and on barbecue sauce. for a full half-hour, he talked about loving brisket, ribs, how he prefers to hunt his own meet, and a how video is the content of the future. that will do it for this edition of bloomberg technology and we will begin streaming live on twitter tomorrow. you.nt to hear from we will be talking with john lilly. semi your questions. that is all, for now, from san francisco. ♪ ♪ >> from our studios in new york city, this is "charlie rose." here.e: steve ao

deckland kelly had coca-cola, dow chemical and ubis, mr. band explains he frequently negotiated personal income from mr. clinton at the same time that he served as a primary fund-raiser for the clinton foundation. mr. band he has served as agents, lawyers, managers and implementers to secure speaking and adviser speaking deals for bill clinton. former director to george w. bush organizer for the political action conference. matt schlapp joins me now. >> good to be with you. >> the memo is 2011, five years ago, this is a memo that chelsea clinton had basically asked for. she asked an outside law firm to look into this relationship with tenio and the clinton foundation. doug band disclosed he had secured an estimated $116 million in money for bill clinton himself. is this pay-to-play at its worst? >> it is, it stinks. you know what doug band's excuse was? he didn't need further compliance on his actions because what he did dwarfed what bill clinton was doing. bill clinton was a quote, unquote unpaid adviser to the foundation but in the proces

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under ubi, having a baby creates a drain on the income supply and that's how it should be. having having a baby should be something that is this is something we want to do and we know it's going to cost us money. for the guys it's different. we now have a system where you cannot enforce child support because either he has no income or whatever. under this system he has a known bank account with electronic to deposits and it's easy to establish paternity beyond a shadow of the doubt and all the judge has to do is say x number of dollars every month is garnished from you and you will never see it. it goes directly to the child. you think that will get a rind, you think guys will see that fathering babies creates a drain on their income stream. with issues of marriage and pride and work in the book, i recommend people look at it, i think there are lots of ways in which you can create what i call value places where people are functioning in their communities and ways which gain them the respect and give them status for what they're doing. >> thank you very much. my question is,

uby voya financial. changing the way you think of retirement. by voya financial. changing the way you think of retirement. ouby voya financial. changing the way you think of retirement. by voya financial. changing the way you think of retirement. funny. with my moderate to severe ulcerative colitis, the possibility of a flare was almost always on my mind. thinking about what to avoid, where to go... and how to deal with my uc. to me, that was normal. until i talked to my doctor. she told me that humira helps people like me get uc under control and keep it under control when certain medications haven't worked well enough. humira can lower your ability to serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. d

and under the ubi, guess what, all the woman has to do is to establish paternity, which is very, very simple in today -- given today's technology, and you don't have anyplace to hide if you're a male because the judge simply grants child support and that money is taken out of that deposit before you ever get your hands on it. do you think it just might have affect on other young males when they see the fact their older brothers who have sired children are having to pay for them? i think it will have a big effect. let me give you another example. right now you have all sorts of cohabitation going on, a lot of times living off the income stream the woman has and the guys are playing video games and doing all the things we're talking about. right now the woman really can't do much to get the guy to support. she can't make him get a job. now he has a deposit every month. the pressure's on him to start ponying up or get out, and that can have positive effects on expectations. i'm just going to repeat myself. and i don't want -- i'm not presenting this as evidence. i have grappled with this