it can be helped by the unifying of relief activities which today are often scattered, uneconomical,nequal. it can be helped by national planning for and supervision of all forms of transportation and of communications and other utilities which have a definitely public character. there are many ways in which it can be helped, but it can never be helped merely by talking about it. [applause] we must act and act quickly. finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments, so that there will be an end to speculation with other people's money; and there must be provision for an adequate but sound currency. [applause] these are the lines of attack. i shall presently urge upon a new congress, in special session, detailed measures for their fulfillment, and i shall seek the immediate assistance of the several states. -- the 48 states. through this program of action we address ourselves to putting our own national house in order and making

of you can't just bully these ceos into creating jobs or building plants in this country if it's uneconomic. these are capital -- decisions based on returns oncaleal, these are all public companies by and large, they have to be reflective of what their shareholders want. by the way, since when is the united states inhospitable to business? i mean, this is -- >> this is a beautiful point. this is a beautiful point. >> the united states is the most hospitable. again, he shouldn't speak extemporaneously he should speak -- he steps on his best thoughts, this is a nice image of having the ceos around him who are trying to get along and create jobs and do something for people who have been left behind in the last decade but then he steps on it by saying things that are frankly stupid. >> i want to point out before we go to break these meetings are having diminishing returns, yesterday morning when we got the list of ceos showing up immediately i said let's keep our eye on the stocks of these companies, i expect they'll spike. they didn't. we had a meh day where soon after donald trump won the ele

interest that people talk about returning the mop any to shareholders as it is if it's unpatriotic or uneconomic. i remember in another environment people were critical of companies that were spending money and investing in their own industries even though that might not have been the best place to invest and people are saying return money to shareholders and let the shareholders decide. >> income inequality. >> i hear it all the time. there's almost no opposition to it. but i think it's a perfectly legitimate thing to make an assessment can i use this money in our business or am i serving my shareholders better to give it to them and let them -- maybe they want to invest in silicon valley. >> they're not all fat cats. >> i don't think the money is going to be recycled into investment. >> when you spend time with your team and your lawyers -- >> a lot of industries are highly regulated at the moment. and may find it hard to make those investments. >> that's what i was going to ask you about. dupg that's going to change under a defanged dodd frank if that's what it's going to be? >> if it's all r

it could become very uneconomic. they'll lose market share on a global basis.t one in the end will cost jobs and that's the serious part about it. >> exactly. the last thing he wants. bill, thanks for joining us. bill george. >> thanks for having me on the show. >>> breaking news on gap sales. now let's get to courtney reagan with those details. court? >> hi there, kelly. that's right. so gap, inc., reporting its total holiday sales, that means the month of november and december up 2%. so that's not so bad. and then if you look at just the month of december for gap, comps were up 4% for the entire retailer, up 12% at old navy just for december and up 1% at gap stores down though 7% at banana republic. some points of weakness. still altogether it was enough for the gap cfo to say they expect the full year earnings to come in modestly above the high end of their prior range of $1.92 so that actually looks pretty good and gap shares are higher by 12% after hours which, again, kelly, just goes to show you cannot paint retail with all one big broad brush stroke. >>

and they continue to move --ward uneconomic proposals on economic proposals. an order that would rejigger the visa program that would have a major impact on tech companies. we do not know what he's going to do about china and whether or them awill end up naming currency manipulator. deal with the may cannot do is push congress to move faster on thegs like tax reform -- only make cannot do is push congress to move faster on things like tax reform. they just have a rough outline. look for that maybe later this year. it will get tougher and tougher if people cannot count on exactly what they think donald trump is going to do. am: i want to bring up morning must-read. my number one article for the weekend, elliott: just justutely -- elliott cohen absolutely killed it. she'll be diplomacy. -- gop diplomacy. the presidents disregard for either secretary that is or to listen -- or tillerson in favor of advisors tells you all you need to know about who is really a charge. the president, and one spectacular we come has a ready shown himself one of the worst of our pres

well, i love myjob, but it's uneconomical for me to come into work and i know having moved down fromit is simply unaffordable. it does make one question, especially with lower salaries outside london as well. at what point does it become unviable so you decide that you can't continue with it? well, i think you have to think of the longer term goal in terms of career and so on and working your organisation as well because my company is very accommodating in terms of working flexibly so i have to take the financial hit for now because train companies are not moving with the times and kind of stepping up to the mark and kind of helping facilitate flexible working. thank you very much for coming in and do let us know what you think about that as well if you are a commuter and you are affected well if you are a commuter and you a re affected by well if you are a commuter and you are affected by the increase in prices from today. let's go back to the terror attack, the new year terror attack in istanbul. what can you tell us? there are reporting suggesting the that the gunman has been conf

opening the service markets will help china achieve uneconomic object is of an export-based economy to more consumption-based key did the bilateral investment treaty that the u.s. is negotiating with china could get the trump administration its first opportunity to get a better bilateral agreement and help china achieve its internal market reform goals. third, we need to enforce our trade agreements that address policies that penalize the u.s. economy and workers. of course you must always work consistently within u.s. law and debbie tivo rolls. after all, as the u.s. has been the primary architect of israel's existence since franklin roosevelt administration. it's important to recognize lincoln terrace and post the border to write response. such tariffs will have support for the most base system and undoubtedly unleash a wave of protectionist retaliation around the world. china should understand under trump administration there will be stronger and more rapid consequences for closed-door commercial practices. how china reacts will be critically important in all the while supporting pr