unions are. join us increase our coffers. two, by raising the rates of non-union member they in fact take mare union members more competitive. would you now hire what used to be a $10 person that is $15 when you can just get a union person? so john said it's a shell game and it makes the unions look good but i'm sure the left will tell us exactly how business will be run in the future. >> okay. jonas, union membership has been plummeting. there's no question about this. do you think that they're basically trying too boost their membership here? >> they are trying to change their brand. like the public doesn't support most union workers. they are paid well, they already got a lot of benefits. people are mad states are going broke paying high pensions. the minimum wage worker actually most people fall by -- they believe there should be a higher minimum wage. we can debate the negatives in the economy, which there are in raising in but that's what the public supports. it is not for the pension union guy who gets to take long lunch breaks in the oil industry and cause problems in the industry. so they are jumping on this. they do

the same union leaders demanding a $15 minimum wage law now want an exemption for companies with union members. so do as unions say, not as unions do. i'm eric bolling. welcome to "cashin' in." juan williams jessica, welcome, everybody. michelle it's incredible, unions got their $15 minimum wage law in l.a. now they want an exemption for union workers. you're from l.a. any surprises? >> i'm not surprised at all. this is shameless. this is exactly how the unions work. this is why unions are basically dying. what's happening is they understand just like the rest of us when you raise the minimum wage it leads to more unemployment. this isn't rocket science, it's common sense. they don't care about the worker they care about making money. they care about getting money from their members. they want as many mens as possible and they want to make unions basically the cheapest labor. and have more money for themselves. that's what this is all about. >> wayne, you there as well no surprises, l.a.'s very liberal, but within days of getting their law through, by the way, if you're a business and you hire union workers, w

union guy. there are different unions in this country. >> you don't think the workers union advocates the same thing? >> no. they are different unions with different policies okay? >> okay. be careful what you're saying here. if the service workers union advocated the same thing, this is a union advocating a policy it deserves the union to advocate the same policy would you call them on it? >> of course. that's the nature of the union movement. >> okay here we go. adam what do you think of that because i think charlie gasparino wants it both ways what do you say? >> i'm going to get all ethnic on you at the same time. i find it very uncomfortable when i have to follow him when he says what i'm going to say. and furthermore, i have to agree with him. unions are not monolithic. >> they kind of preach from the same choir. that's fair to say. >> to some extent. >> that's true. the uaw is behaving in a business-like fashion here. and, at the same time tomorrow -- well, if they were to turn around tomorrow and do something that was just good for their members and wasn't fair and wasn't business-like, we w

union members. so do as unions say, not as unions do. i'm eric bolling. welcome to "cashin' in." y. michelle it's incredible, unions got their $15 minimum wage law in l.a. now they want an exemption for union workers. you're from l.a. any surprises? >> i'm not surprised at all. this is shameless. this is exactly how the unions work. this is why unions are

lee cap makes the terms to the south because union forces keep blocking the way but the union armies -- can't make the turn to the south because union forces keep blocking the way. this map shows the final battle which takes place on the morning of april 9. confederates initially pushed a -- the union troopers back. as reinforcements arrived, they realize they cannot make it through. the union army is surrounded on three sides of the river on the other side. of course, lee and grant will meet that very afternoon of april 9. one of the things that makes the appomattox surrender you knew there is an active campaign and right up to the last minute there is fighting. we do not know who the last casualty was, there is probably no way to know because the fighting spread out across the village. one of the possible candidates is montgomery from pennsylvania, that is his photograph. as the flags of truce go out and fighting dies down, both sides have a chance to pause and catch the reps -- their breath and for the confederates, this is the first time they have had to process things. think about a grueling week. we have all been in situations

unions. three major unions crossed two major unions' picket lines in order to make that happen. e electricians, the stagehands, and the laborers crossed the carpenters and teamsters to the picket line to make sure that that building got back on track, and it's back on track. so i think the ability to talk to unions, to talk to union leadership, and to make sure that we all work together for the best goals of our city i think is the way to go. you know, the concept of standing up and fighting back and beating down, it doesn't work in a democracy. you need to cooperate. you need to have conversation. you need to negotiate, especially with city employees. you need to negotiate fair contracts that are fair to the public and fair to the workers and i think we can do that. we've done it over the years. i mean, unionism, you know, is denigrated these days by the right, but if you think about the 40-hour work week, weekends, child-labor laws, you know unemployment compensation, workman's compensation, all those things were a result of bargaining between union and management. and i think

union operations talk about a double standard. scott walker of wisconsin telling me it was worse. >> they really pushed all of this but want a special carveout for unions, what do you think? >> some of the same labor unionent labor union bosses who pushed obamacare, pushed this president pushed the liberal leaders in california are asking for a carveout. i'd much rather see it i don't support changes in minimum wage the better approach is give people the skills the education and training to succeed in jobs that pay far greater, two times the minimum wage. neil: unions are hypocritical? that's kayleigh mcenany's views or nothing unusual going on here democratic strategist with that view. you smell a fish. >> unions are hypocritical for seve months they were fighting against exceptions for restaurant owners and all of a sudden, now that it's coming down to the pipes, they say wait labor unions need an exception, it's hypocrisy and astonishing to think they can't get away with it. neil: chuck, aren't you ashamed to be a liberal? >> i want to be on top of this building in washington, d.c. you're talking about 10% of the unionized workers in california. give them the minimum wage. let's say you have $6 an ho

union the union is calling for a special prosecutor. we have our fox news legal analyst. thank you for being here. but the very quick way the police turned over their investigation choose the state's prosecutor in baltimore. is that appropriate? >>. >> if you just got the information what do diligence had you done? you have to do the appropriate due diligence. lou: what mercedes is saying that many use a grand jury. >> she chose not to include directly to arrest the investigation began the minute he was taken out of that vehicle and placed it medical custody right away there was an investigation and there were inconsistencies we will find out beyond what happened during the trials and she moved too quickly. lou: it is lamentable but that doesn't cloud the sense that the department does have a right to know. why couldn't they short circuit on the streets before it was arson and rioting? by the way brazing frustration on no way on my part justifies. >> people have the right to know if something went wrong but assumptive the wrong saying then they need to be honest and open to the public. >>. lou: when you say all police officers are not bad. is now a catch phrase of a code word. what percent are every talking about? and they are charged with murdering a lesser crimes? this tendency for the president to explode this into a national crisis that is in desperate economic straits. >> all previous the leadership. >> i saw the mayor. lou: the mayor could barely speak and was paralyzed for days at the time. >> there is known strong leadership and it is unfortunate you have situations like this. but he was placed into police custody and came out with that situation. >> they said he could not breathe on his own is very serious. >> but here is the real issue. the state's prosecutor from baltimore absolutely out of the blue says there is no special prosecutor to be appointed she has her whole family generations of cops could anyone possibly think they could get a fair trial but the is jurors a large group of people. >> but now that you will panel people who will be fair and impartial? lou: with reverend sharpton? >> we all have selected juries they are very careful >> i can imagine you to seek a new then your. [laughter] i understand. >> is a very good tactic. [laughter] lou: vote tonight in the poll should a special prosecutor be deemed to try those police officers. cast your vote at the jobs.com. a construction company claims to be the world's fastest builder and they have evidence to prove it they either acted a 57 story skyscraper in 19 days. you were looking at the time line. in record time they used three fabricated my jewels as if that is she being, i don't care what they did. i am not saying that i want to live in the building but the chinese are on to something. the status of six baltimore police officers are in the hands of those on all sides of the debate. next. lou: and a few thoughts on the state's attorney for baltimore region only hours to recharge in arrest six policemen in the death of the freddie draper pro --. she either acted swiftly and decisively to charge those officers or hastily to turn the evidence over to agree on the jury for the impartial judgment whether to prosecute. of fraternal order called for the prosecutor to remove herself from the case citing conflict of interest and there are plenty facing the prosecutor. but she defied those calls two's step aside and offered this response when asked if she would appoint a special prosecutor. >> i can tell you the people of baltimore city elected me there is no accountability with a special prosecutor. from dave number one be independently investigate we don't rely solely upon the police department. lou: you have to like her style and straightforwardness. whether she will step aside is not that to her but a judge or judges said there are plenty parts of conflict with the young prosecutor is on the job for less than four months from a long line of law-enforcement officers her father and mother is she also has strong personal and professional ties to the attorney representing freddie grace family. and even serving on the transition committee her husband is a baltimore city councilman and earlier this week he said the rioters were showing decades old anger and frustration for a system that has failed them. the prosecutor, the young guest in any major city in the country says she sees no conflict civic president and the appearance of conflict my husband works on a legislative side i am also a public servant and i uphold the law and he makes a lot. i will prosecute any case put into my jurisdiction. fraternal order quickly pounced -- pointed our her political future will be directly affected by the outcome of this investigation and prosecution. i don't know what the outcome of any hearing if she would recuse herself but she has shown your leadership to be more assertive very persuasive than any other officials in all of baltimore, i have seen. even if she is not in court on this case baltimore has neither. there is no of deviation for the sufferings of mankind for good and the resolute facing of the world as it is when the garment by which hands have hidden it's uglier features it is stripped off. it pertains with great relevance to the city of baltimore. we will be right back. >> baltimore's embarrassing leaders in the failures of leadership of city hall and washington d.c.. lou: falling breaking news -- following breaking news after the police officers were charged in the deaths of freddie gray. most are peaceful we're watching very carefully has though law enforcement authorities are in both cities. new developments in washington with of review board review way a series of extraordinary incidence. capitol hill police officers losing their loaded weapon is the least three times in the past year. one of the officers assigned to mitch mcconnell left his loaded glock pay and done in a bathroom stall in the visitors' center bathroom stall and others signed into speaker boehner left his weapon in the bathroom where it was found by the eight year old child the third weapon loaded found by a janitor, and nobody has claimed that one. l.a. international airport police left alive stick of dynamite had been old played it museum apparently was left behind after a weekend training exercise and workers stumbled upon it four days later. all is now safe. president obamacare to day called justice it to be served in the case of freddie grace. >> it is absolutely vital the truth comes out on what happened to freddie gray. i can tell you that justice needs to be served. all the evidence needs to be presented. what the people want more than anything else is the church's. lou: truth? the note here elected officials use that word very often. joining us now former clinton adviser doug shoen and jetted diana. over u.s. surprised the president used the word truth? back he did that because he was criticized in the past to make judgments and he takes a step back to call for peaceful protest in he has played this a very well. he can inject himself to call for palm but we should not make judgments before the evidence. lou: but i'd take he did already calling for a national searching of parts talking about police departments in the community. and jon peters says we have of a national crisis with the relationship between african-americans a.m. the police department. >> i think we do it is a fair question and the data suggest there is a problem. but there is something missing. what are we going to do to solve the problems facing the inner-city poor people white or black or brown. we don't have a national agenda or a jack kemp who i know you were a big fan of. we don't have anyone speaking with a voice. >> unfortunately you have liberal policies that have promoted this. lou: is talk about the problem than the cause not the solution. >> but when conservative candidates talk about jobs and education reform stop throwing money at the problem and the school choice there are solutions to make them appeal to the community to say this is how we get you out of poverty with a better ambiance. lou: i don't ask this to a new you but is there an example of an american city in which you have just said it has worked in the last half century? i cannot think of one. >> but school choice? isn't that a pretty good example? lou: but i thought she was talking better programmatic solutions. >> is -- it is. >> everyone who comes out to advocate for school choice could board. lou: how caird anyone in this country resist discipline in schools when the children are shot down in the streets not just baltimore. how can people resist the idea when children's lives are at stake? rick is strongest supporters of the discipline is for african-americans in iran and hispanics. lou: and heavier are heard from secretary duncan or president of obamacare and his predecessors of the george bush the great conservative who screwed up as many schools as barack obama instead of talking honestly about the importance of safety in the community to give people a choice i want them to have the first and best race for every kid is to have the school closest to their home be theirs and accessible and available and a safe zone. it is a complicated but filled by a greedy special interest whether labor unions or teacher unions are liberals who want to create another program. if you want me to be bipartisan you came to the wrong guy. i am more interested in the truce we're solidly ourselves by not acting as gimmicky are talking about messaging problem. >> i am talking about doing something. >> biology reinforce that? >> what the hell to you liberals ever do? [laughter] >> that is the cruelest point yet. [laughter] turned to the president confronted by vladimir putin flying bombers over the arctic near alaska and will be witnessing one of the largest military exercises in two weeks between the chinese have the russians in the mediterranean and has iran trying to create the entire middle eastern north africa as a domain of influence and is going on about a pathetic effort of a nuclear power deal. are you kidding? >> i am not. you are right for our road to book on china and the access. when you speak of is a far more serious problem with the acknowledgement recognized issue of discipline in th

if the unions cared about the worker instead of the unions and union bosses they would let this see houston it worms with consumers and those who own the franchise, let it settle in and then see what they can do next, but this is not doing anybody any good. it's not good for the workers. no good for consumers or the company. it's good for the union bosses and that's their whole strategy. >> and ashley, is that what this is about? union membership has been declining precipitously. are they trying get more workers? >> yes. bren darks union bosses and unions could care less about the worker. they care more about filling their own coffers and that's been clear throughout the whole orchestrated arbitrary movement. they have funneled work money into worker centers to make it look like it's a worker-led movement when it's not. it's been sponsored by the unions as we mentioned before. the think i think sherry pointed out that was so important here is the fact that literally union bosses are reaping profits here and they're going to do it at the expense of jobs. they're almost like the hamburglar bu

unions. you want to talk about the prison industrial complex, it's not the private sector driveing that. you look at california the prison jobs union that sees it as a jobs program. and teachers see unions as a program for teachers who don't teach rather than conduit for getting kids a good education. to use the government as an enrichment program for the people on the inside particular particularly public sector union unions and bureaucrats. >> if money were the great elixir we wouldn't be mixed up. >>> in the meantime, you want to stop isis inspired attacks in this country, a lawmaker says start spying on muslims in this country. if you can't put a feeling into words, why try? at 62,000 brush movements per minute philips sonicare leaves your mouth with a level of clean like you've never felt before. innovation and you. philips sonicare. brauchler. >>> talk about a sweet ride one auto-maker is giveing its employees a sweet ride to college. forget pacquiao just lost a fight, could he lose an even bigger one to court? >>> texas republican lawmaker peter king is now calling for more surveillance of muslims after this latest texas incident. former secret service agent thinks it's a good id

union union support. we've seen police and fire officials union officials. the hospital workers represented here. philadelphia blue collar workers workers. mixture of black and white voters latinos asians a real cross section n of the city. this was the massive victory for jim kenney and first one that is all but certain to propel him to the actual mayor's job come november general election. the officials are tup there crowding the stage. we expect jim kenney to speak any moment now we may keep it here. we see council president darrell clark up on stage. union officials there's pat up there getting a big hug. mark skill low the councilman from south philadelphia to the far left. members of other county and city officials i should say this could go for a couple of minutes. let's go back to you and then we'll come back to jim kenney just as soon as he's ready to talk. folks? >> sounds like a plan, bruce. obviously much different mood for the other mayoral candidates tonight. fox 29's jeff cole standing by at the watch party right now senator anthony hardy williams is talk much litz listen in -- >> i

union union. they issued a statement which is clear, so the constitution must be reported by all parties. it will be up to them to do everything they can. we have in conjunction with the unionrly on democracy and governance it is a key document and respected by the states. it's rented by us. every government must report the very document that has brought if into power. and the constitution is clearly stating the tenure of the presidency, and the time limit. we are the parliament and are spofr are that that -- supporting that that constitution be respected by the parties. >> you are saying it's wrong for the president, the leader to extend his term. we are very clear, the constitution has to be respected by all parties, and all leaders in that country must take responsibility for the protection of lives and property of the citizens of that country. >> okay your meeting in south africa, let's move to the situation in mozambique. you know that south africa deported hundreds of mozambique back to mozambiqua. what do you say to your delegates about that situation? >> well we believe that every member state must protect its citizens, must also respect the laws of every member sta

union. that's something he promised. he'll have to go to brussels and persuade the leaders to give him the reforms that he needs so he can campaign and stay in the european union. also as he promised in the campaign £12 billion, £18 billion of cuts to try to trim the budget deficit. that will be painful. where will they fall. during the campaign he never told us. he'll have to reveal that soon. >> that is quite a to-do list for sure. simon mcgregor-wood live from london. thank you >>> thousands of police officers in new york city paid final respects for a colleague who was shot and killed. the funeral for bryan moore was a reminder of dangers over protests elsewhere in the united states. >> reporter: a final salute to officer bryan moore, the 25-year-old killed in the line of duty the only son of a retired n.y.p.d. officer. >> out like that. for what? for nothing. you know, people don't realise what we do for them. >> reporter: prosecutors say this man, dmitri us blackwell shot him in the facear the officers approached him for questioning. last year has been tough for the n.y.p.d. >> we have not had a death, then we had two assassinated and then officer moore,

unions are much more popular. in finland, 59% of workers are unionized. 55% in belgium. 26% in the u.k.. 18% in germany. >> in a lot of countries, in order to have any advantages from the union, you need to be a member. unions are not necessarily stronger, they are just bigger. reporter: all workers can benefit from agreements signed by the major unions. william: let's get a quick update on the market. trading volumes are like since many markets are closed -- are light since many markets are closed for may day. bhp billiton is among the best performers on the index. time for a quick look at some of the day's other top stories. lloyds bank lost 900 million euros on the forced sale of the bank, tsb. they were forced to spin off tsb after the government bought a stake in the group in 2009. they reported a rise in pretax profit in the first quarter. shares of more than 5%, the best performer on the ftse. tesla has unveiled a line of batteries for homes and businesses. the products will still -- store solar power. ceo elon musk says they will transform how battery power is delivered. a massive plant will employ 6.5 thousand people -- 6500 people. twnew figures show global shipmen

have also beven mentioned we have a union square and castro the b.i.d.s have put in money we're doing an additional outreach in the districts for union square union square and the castro what else. >> gone out and checked out the population. >> the hot team wears a lot of hats we do a lot of things besides case management we do outreach 7 days a week and emergency transportation for hospitals and clinics and the as brenda mentioned a street outreach line that operates 7 days a week from 6:30 in the morning until 7:00 p.m. and they are outreaching could he areas of the city we know largest areas of homeless people district 3 the tenderloin and other areas the district 689d our outreach workers started in those areas to the embarcadero and outreach as well we do our castro care partners outreach and outreach in golden gate park we're making more and more new contracts and united airlines with the police department and fire department anyone that wants to work with us we try to connect the people and reconnected with the services if they've dropped off from using them we do a lot we're morning willing to come out and engage people in this area. >> s

union. >> that is something i see britain changing because david cameron is promising a referendum for the british people to leave the european union. that means if the vote to mean the union, that there'll be extra pressure for scotland to breakaway from the u.k. the scots did well last thursday. they've been buoyed by that. if they do well at the next elections, they'll be buoyed further. should there be a vote there'll be a vote for independence for scotland. the second one, and we could, at the end of a five year parliament have a different u.k. and potentially without scotland >>> john terrett breaking it down for us. good to talk to you you. is britain on the verge of becoming a different country, one less tied to the united states, with a smaller military footprint and a smaller role in world affairs. the fallout from the british election is tonight's "inside story". stay with us. >>> welcome back to "inside story". it was more than a decade after the european union was formed before the u.k. decided to join. in almost half a century since the application to join there has been skepticism about integrating into europe, versus standing outside it. the argument inside

union army alone, among union veterans alone, there were 30,000 amputees that lived out their lives in one way or another. these men could not get jobs. this was in the 19 century. the united states had nothing resembling social security veterans associations. there was no health care. they eventually did have pensions. indeed, federal pensions to union soldiers was a kind of governmental revolution such that by 1890, one third of the entire federal budget of the united states was payments of pensions to union veterans. that story, especially of guys who survived prison camps, who survived multiple years in the army who encountered all kinds of diseases, that story has only recently been researched by historians. it has been waiting to be done. that war left a terrible set of scars on hundreds of thousands of veterans. it is also true that these veterans organizations were important fraternal organizations. veterans became an important voting block in both the south and north. they were also a political force. host: we are seeing the sights and sounds of soldiers beginning to stack their arms, which would have happened 150 years ago today here at appomattox courthouse. we will go next to eagle point washington. caller: it is eagle point oregon. host: diane, i'm sorry. i had that incorrect. caller: i have a little bit of background an

plants which left seattle which was unionized because they did not want to do with the union but that is 7,000 jobs that are now in south carolina. john: but the unions correctly that both the union and nonunion workers have lower wages. >> but they also have a lot more jobs i don't even believe these workers in south carolina field they are underpaid. they sweep them up a line around the block with pretty good salaries. john: what would you say to these two? >> you cannot dissolve the middle-class to think we will have progress we spend money we produce revenue that we built the middle-class pay as more people will spend more. >> if the unions are so wonderful then why do you have to force me? why can i not choose? and they don't have a response why should we force people to join if it is a wonderful thing? to join the argument please follow me atwitter or i'd like my facebook page. how important is that first job? >> washing dishes. >> but where do jobs come from? who creates jobs? >> stimulus i guess? john: where do jobs come from? who creates them? is seems like a basic question when i asked people that but the far more frequent response was a b

local carpenters union claiming that union caused more than a million dollars in damages at the philadelphia auto show. the convention center claims that damage was retaliation after the union lost the right to work there last may. the suit alleges that union members removed engine covers, stole gas caps and that was trash into the vehicles on display. union leaders have not yet commented on the suit. ♪ >>> graduation day for temple university students. but in the group of hundreds of those students a mother accepting a a diploma on her behalf of her daughter. >> that's because her daughter is still in the hospital in critical condition after being struck by a hit-and-run driver last week. fox 29 weekend karen hepp is live on the campus of temple university and karen an incredibly emotional mother taking to the stage for her daughter's diploma. >> reporter: it was really emotional for everybody. to watch her up there and the strength it took her to come here there's train passing. this mother is not a public person. she didn't want to speak about this out right. she posted some stuff on facebook but she talk about how she could feel her daughter's spirit and they worked so

plants which left seattle which was unionized because they did not want to do with the union but that is 7,000 jobs that are now in south carolina. john: but the unions correctly that both the union and nonunion workers have lower wages. >> but they also have a lot more jobs i don't even believe these workers in south carolina field they are underpaid. they sweep them up a line around the block with pretty good salaries. john: what would you say to these two? >> you cannot dissolve the middle-class to think we will have progress we spend money we produce revenue that we built the middle-class pay as more people will spend more. >> if the unions are so wonderful then why do you have to force me? why can i not choose? and they don't have a response why should we force people to join if it is a wonderful thing? to join the argument please follow me atwitter or i'd like my facebook page. how important is that first job? >> washing dishes. >> but where do jobs come from? who creates jobs? >> stimulus i guess? @? john: where do jobs come from? who creates them? is seems like a basic question when i asked people that but the far more frequent response was

unions. i think some unions have, or have been very comfortable in just, you know, if some members, somebody is higher, for example, in an industry where they are unionizedalready, they do not bother to educate those new employees. i have an example. you know, people, my sister. my sister works in a cafeteria for p.g. county board of education, for the school system. and she was never educated as a union worker. so they are having problems in the kitchen, you kno and they are not exercising, their power and the right. why? because they never have been educated. you get a job there, you become part of the union, but they are not educated. so you have to also kind of educated people, evangelize them, make them believers of what unions do and can do. so, i would say it is both. the church has to educate in the sense that just educate people in the value, in the necessity of collective power, but at the same time, unions have to educate their members and have to make an effort to go out and educate not only to get members, you know, for membership, but to spread the good news of collective power. maria: it is 4:00. let's thank our panelists. thank you for co

unions sure are good at goading others to strike for higher wages. when it comes to saving their own union hineies they are perfectly happy not saving all union hineies. the united autoworkers pushing lower pay for new union workers as long as it means union jobs. in other words and pay attention to this because it is the ultimate in hypocrisy. the very two tiered pay structure unions hated in other workplaces like i don't know fast food places, they are perfectly willing to accept for themselves again as long as it is not existing union members feeling that lower pay pinch but the new members coming in. wait, you are probably saying wasn't that the same argument that fast food employers were make against an across-the-board wage hike, that high school workers are just part-time workers shouldn't get the same 15 bucks that someone else does, that there ought to be a two tiered taste. unions are parasites that only fight for higher wages when it helps the bottom line. so don't give me any middle ground, how do you feel? [ laughter ]. >> well neil this is straight out of pages of animal farm. all the animals are equal except some like the unions are eq

of things, there has been a union dispute now dragging on for a year. 400netjex pilots will be protesting. we talked to jordan, the ceo. and the union representative, unionepresentative telling me they feel their compensation isn't adequate at this point. so it's not all sunshine and roses. not to mention, clayton homes. they're developing the last couple of months. the buffett corporation owns clayton homes and all their subsidiaries. they're doing what are considered by some, predatory loans. getting people into loans they can't afford for their mobile homes. i had a chance to catch up with warren buffett and ask him how he'll defend clayton at the shareholders meeting tomorrow. warren: i have a lot of documents and figures that i'll share with the meeting on saturday. liz: to defend clayton? warren: of course. it's a terrific operation. it's done wonders for homeowners. liz: okay. so he's going to come loaded. and he'll be prepared to defend clayton. you can bet while these shareholders really love warren buffett. they've been following him and charlie since they were young pups. they will ask pointed questions. they like to see him as the benevolent

union. unions represent a 1.3 million state workers, and a 7% pay increase after initially demanding a 10% pay raise. where the risks, what are the implications of this wage deal on south africa's deficit and debt trajectory? >> well, if the government remains committed to the spending ceiling that it put in place three years ago, then it will have to accommodate any increase in wages within that ceiling. the assumption would be that they would not change or raise that ceiling in order to accommodate it. it should not, by itself, mean that there would be different trajectory for the public finances. what it could mean is that there is less money left over for investment, because more of the budget is being consumed by the wage bill. mark: quick question on interest rates -- they have been unchanged in the south african central bank. before last july. you say inflation is set to breach the reserve banks target by the end of the year -- does that mean the next movement rate is higher? how soon? >> the issue is the way inflation targeting regime work in south africa, that if the breach is temporary, and there is no need to make an adjustment in monetary policy. if the inflation would, by itself, fullback below the upper end of the target band. in this case, that is what we expect to happen. it seems to be what the reserve bank expects to happen. the reaction of interest rates really may be more toward the u.s. move, the u.s. fed, if it were to raise interest rates in september, which now seems to be the consensus. that will put pressure on south africa to raise rates, as well. mark: good to chat, thanks for joining us. >> you're welcome. manus: join us both on twitter. we both have interesting comments this morning about the valuation on u.s. equities. you will also be able to see ryan's interview. mark: great interview. manus: a lot more to come on that. mark was just saying that we have the exclusive interview. the impact of sanctions on the economy -- has that peaked? ♪ manus: these are the top stories on bloomberg at this hour. deutsche bank has put both of its co-heads in asia on leave. the decisions were unrelated. no interim heads have been were point -- have been appointed. deutsche bank is facing a potential impacts from the exit of the eu. the is weighing options that may include moving activities to germany. the bank is in an early stage of scenario planning/. the former thai prime minister has been granted bail by the country's supreme court. prosecutors allege that she was criminally negligent for failing to stop. she denied charges of dereliction of duties and abuse of authority. mark: with a well estimated at $17 billion, russia's richest man is the chief executive of the country's biggest mining company and despite sanctions and russia's recession,'s personal wealth increased by nearly 50% this year. ryan chilcote sat down with him yesterday for an exclusive interview. >> i think that russia europe and america have a great potential to be very close friends but i think that we have a very rough legacy which refrains from going to travel and being good friends. ryan: you set the soviet union superpower and should be treated like a superpower. >> we didn't forget that 100 years ago there was a revolution in russia, which changed everything. since that time the relations between russia and the other worlds have changed and it has been very difficult. it has given a taste. what i think -- we need some kind of challenge to overcome together which will help us to become closer friends. i think we all find something really important -- unfortunately, i think -- ryan: you mean like afghanistan -- when the united states wanted to fight afghanistan through russia. >> for example. america and russia were best friends the next day after september 11 when putin came on air and said we are with america. that was a really friendly handshake. it has been broken since that time, but unfortunately, we need some kind of other challenge for all of us to understand that we are friends and other enemies. manus: later in the morning a word with the colombian economics professor and noble laure

union states, financial connections and so on. also involved the threat from the union and from the secretary of state that if britain did recognize the confederacy, then the union would declare war on britain. it didn't seem to be a realistic prospect fighting the confederacy and britain at the same time. but it was just enough of a threat to give them some pause to step back and to continue to wait and see. [applause] thank you all very much for your questions. >> "the civil war" airs here every saturday. to watch more of our civil war programming any time visit our website. you are watching american history tv, all weekend, every weekend. >> american history tv is joining our comcast cable partners to showcase the history of fort lauderdale florida. we continue now with our look at the history of fort lauderdale. this is american history tv. >> welcome to the museum, this is the former trainer holding which was one of 200 buildings that was part of the naval air station in fort lauderdale and

union when the soviet union collapsed we moved to moscow, which is the capital of the state we were born. we grew up in the russian -- within the russian culture russian education russian history, and seeing the demolition of the greatness of the country the heritage, social and cultural, scientific areas, it's very painful because russia has a lot of bad things that happened throughout history, but also it has huge positive influence over culture and today it has been almost thrown away, and we can just only hope that one day rather sooner than later our country will start building its future on positives rather than on negatives. >> host: garry kasparov, hasn't vladimir putin restored quite a bit of russian pride? >> guest: let's go back to the '30s. adolph hitler restored the great novembers germany. restoration is creating a foundation that works without war, without prosecution of the dissenters. without limiting the freedom of speech. and just general freedom and human rights inside a country.lity is an illusion. when people say putin is very popular, of course. it's like a pick tater is very popular. what do you expect? you call people and ask them what could do you think about vladimir putin and it's anonymous. my reaction, 25% of russians who are brave enough to tell an anonymous caller they didn't like putin. so if you have one restaurant in town serving one dish, of course it's popular. >> host: at what night your -- what point in your life were yaw taken into the soviet system and domed a chessmaster. >> guest: soviet union had a very sophisticated system. kids hads not so many options available. no real politics there and no sort of law as a profession so you can't serve some legal front. no real business. so the many options available for the kids in the free world in the soviet union were taboo. but my parents always looked for opportunity for kid boy or girl to promote -- to be promoted and sometimes to be discovered, and i was lucky that i discovered chess at home at age six and at age seven i was part of this little co-op in my native town, and then it was almost automatic. the moment you are picked up by the system, so this is -- the interest was to make sure that the talent is found promoted, the talent is given a chance to actually defend the country in the international arena because the whole purpose of promoting this-especially chess, was to prove the intellectual, cultural superiorityity of the soviet regime of the decadent west. >> host: were you taken from your home. >> guest: no. it not t