i think sam walton created a great company.and i love it when people can go -- he came from nothing. he was the american success story. i don't e begrudge his right to pass on money. as a matter of fact, you can look at the whole 1% and you distribute that among the population it would be $7,000 per american. >> just distribute more of the profits among the workers who have to depend on you and me for the food stamps they get to survive while working at walmart. >> do we know the philanthropy of the walton family? that's what we're trying to do. >> are you suggesting we admire their philanthropy when they are not paying workers a living wage? >> i'm suggesting that the markets in the united states given the fact we have not prepared workers for modern economy that we have an insufficient education structure leaving the poor behind. at least there are jobs and i want public policy that makes those jobs pay more. the idea somehow that walmart can suddenly take the profit margin and spread the money around in this way or even wors

with the walton family, they don't go to the stores.flew in on his prop to every single store. >> back in the day, you are saying. >> yes. >> his heirs do not. and now, everybody knows they are coming. they are set up. they do not see that doors the way you and i do. third shift, during the week, or any time during the weekend. >> what are the success stories? if these are the failures of retail right now -- and i realize that managers in place to try to turn them around, which we can talk about next quarter or the quarter after. what is doing well in retail right now? >> the four cornerstones is improvement, and third is chain drug, and fourth the leadingd supermarket players like window. >> i got to ask about cosco, because a number of people have mentioned as the winner right now. and industry leaders have said it is the bane of their consist -- their existence because they are such good competitors. what is costco doing right that everyone else wants to copy? >> they are doing it right. they are paying their workers much more than w

so so the but the to get to where the opposition is coming from part of it is that the waltons don't want to pay their employees more part of it might be some ancient ideology about the before as being too uppity as it were but part of it is also that the unions tend to support candidates that are in favor of working class people and we can't have that but you can there's also been a. again in two thousand and ten we saw a shift in this country i doubt i don't think that it's a democrat or republican party issue i think this is about income inequality it's about economic justice and unions that's what we have stood for since the beginning of time since the beginning of organizing it's that's what it comes down to is making sure our neighbors are taken care of our local economies are thriving and our workers actually have rights on the job and safe work but workforce growth really thank you so much very nice much thanks so much thinking about them. crazy alert is that they grow up man's you're just a blow off for many fans the fans of the t.v. show seinfeld you know that women aren't

lot of foundations that i don't think a lot of people have heard of like the ceral foundation the walton foundation the bradley foundation the chorus foundation so a lot of money going going to say policy network blowing into n.p.r. i and the wall foundation would be the moment that a large family of five. get there with over one hundred billion dollars right back to the riches that when america. back in back in the fifty's back in fifty two and russell kirk wrote the conservative mind which animated barry goldwater and william f. buckley kicked off the modern conservative movement he suggested the union should be destroyed that workers needed to be brought down a notch basically not because he wanted wal-mart to make more profit but because he predicted that if we working people who can't control their impulses in school this kind of conservative worldview about the rabble that if the rabble got a certain level of income and economic independence. that it would cause chaos in america and when the sixty's happened and kids were saying hell no i won't go and women were saying what about g

and i will say one thing is that we are proud to say that our president of our alumni association, walton, is not only an hm graduate, but he is also an african american and so we do see success out there from those graduates and we want to see more of them. >> thank you. >> could i ask you a follow up question for your perspective and i think that is pretty eye opening. what specifically do you think that the city could do to change that situation as a matter of working with the san francisco school district, or matter with the city college and the sf state to change that up? >> so, i think that it comes with all levels and i think that if you, if you started at the high school level and the youth enrichment programs and like a pri and others, it is, and they or the students at that level, or especially in the under served communities like the bay view hunter's point yeah and how the opportunities are in the community and learn that they create the jobs and has the opportunity that it has in san francisco, and i think that opens their eyes to future potential. >> and one of the thing tha

walton gray, how much of a set back was last night? >> well, i don't think last night was a set back. it is very clear to me that those persons who engaged in that behavior of the destruction last night are not part of this community here. the children, the youth, the young people, they are very concerned. and they care about michael and what happened to him. they would not have done that, because they want to see justice take place. and they want to be heard. so what happened last night, it is very clear that those people are not part of this community. >> how is the community right now, would you say, ms. pamela means, how is the community rebuilding trust -- since captain johnson came in first of all? how is that working? they're having to be protected by a police force for the most part in ferguson that they don't trust at this moment. >> i think the community did gain some trust with that gentleman coming into the area. i believe he stabilized it, however, i agree with you, t.j. it is about restoring the trust in area. that's the

story,he official evidence of walton iron -- molten iron documented by fema itself in the first report. may of 2002. which documents hot sulfur corrosion. author of that report said the ends of the beams were partially evaporated. that takes 4000 degree temperatures. the only thing we are aware of that can create that is thermite. it's an incendiary a used by the military to cut through steel like a hot knife through butter. this is why we have to have a real investigation that looks at havevidence that they rejected from the report after they came in in 2004 and threw away the fema report. the national institute of standards and technology? guest: that is correct. host: you're talking about their report. you question the falling of building seven. are you questioning how the twin towers fell as well? guest: there are very serious questions about the twin towers. we looked at world trade center seven, which most people don't know anything about, and ,ee how obvious the freefall symmetrical destruction is and how that matches a controlled demolition and how the official story cannot pos

and i will say one thing is that we are proud to say that our president of our alumni association, walton, is not only an hm graduate, but he is also an african american and so we do see success out there from those graduates and we want to see more of them. >> thank you. >> could i ask you a follow up question for your perspective and i think that is pretty eye opening. what specifically do you think that the city could do to change that situation as a matter of working with the san francisco school district, or matter with the city college and the sf state to change that up? >> so, i think that it comes with all levels and i thin

we had a motion before judge walton in our case, true the vote versus the irs asking judge walton to appoint an independent forensic investigating team. the justice department made representations to the court saying that's not necessary and these things are lost. they never mentioned the cogs. eric: the commissioner of the irs said he would move heaven and to find them. >> the actual harold drive after it was determined it was dysfunctional and no emails could be retrieved was recycled and destroyed in the normal process. >> was it physically destroyed? >> that's my understanding. park * they are saying they are treeferght general policy of the backup. do you buy that? >> i really don't. in june i had an irs employee who did not want to be identified come forward and said to me, we are constantly told that all the of our emails are saved in various servers and various states in the country. everything from the irs. none much it is destroyed. now we have someone who comes forward and says from the department of homeland security's a matter of national security that every communicatio

i have the billy walton bands. we will do good day philadelphia original song. you guys ready? ♪ >> good day philadelphia ♪ good day philadelphia ♪ good day phi >> let's hear from the bands down in beach haven, lbi, quincy down there with the big crowd. >> beach half send amazing, beach haven, make some noise! >> we're having so much fun. i'm swimming with the lifeguards, john run john was here. now, we're doing a food challenge right here. beverly, we have three different food contests going on right now. >> that's correct. the first is the boardwalk, we do ice cream challenges, there are challenges with flotation devices, 16 scoops of ice cream in each, plus a whole bunch of other stuff. >> oh, my gosh. the second challenge, chicken wing challenge? >> from the chick or the egg, their wings are amazing. and then on the end, we have uncle wells pancake house doing a pancake challenge. >> okay, wow. so we have the chickens. this guy looks like the chickens. now, the pancake, i think this lady is winning right now. how are you doing? okay, doing good. hey, buddy, how are you doin

he has a lot of leverage, and he's using it the way sam walton did with walmart. >> you mentioned some in terms of the future of how people consume content. how do you see that fight shaping up? is it like the uber situation where the most efficient solution is going to win? >> yes, absolutely. because consumers like lower prices. wouldn't you rather pay less for a book if you're getting it digitally? it does make sense in a way. my get all my magazines and newspapers digitally now. there is no cost to "the new york times" or "us weekly." i'm a big fan of "us weekly." their costs have not changed in terms of editorial. and they're making less money. that's always been the big push and pull going on here. it's just continuing. you know, players like amazon and google and netflix, these are the power players going forward. >> a lot at stake. you make a good point that this is something of an old fight just in new trappings. kara swisher, thank you for that. everybody at home, follow recode. they're doing great reporting on this and other really important tech stories. really high stakes

most memorable moment in my life was spending an hour with you over our favorite beverages at fort waltonbeach at 2009 at the air commando reunion but one of the most significant things that i took from our conversation was how colonel doolittle determined when it was time to bail out and the procedures you all went through and so forth. would you be kind enough to describe that moment in time about the bailout and what went on? >> can you describe when you bailed out of your mitchell bomber after the raid on tokyo in china when you were about 8,500 feet? can you describe that? >> well, first there i can tell you it was in my opinion the scariest time of the whole mission. you're 9,000 feet in the middle of a very active warm front. lots of lightning and rain and so forth. and looking down at the black hole in the bottom of the airplane wondering what you're going to do after you bail out. what you're going to hit because you couldn't see the ground. it was at night and when he said we're going to have to bail out, paul leonard, the crew chief and the gunner who was in the back all by him

one of those other states.lli otherwise the koch brothers, the walton family are spending s hundredsof millions of dollarso every year to get peoplene elecd to school boards to push their o agendas. one of them is not against ep women. it's to do away with the publico schools and turn them over to kw corporations. and right nowha if you really wt to know what's going on, you i need to go to diane ravach's blog and read it. she was assistant secretary of h education under bush. one of the architects of no child left behind, and then shea turned around 180 degrees against it. >> does anybody have a thought about that?. a little bit off topic, but go n ahead. >> no,v it's not. i'm a public schoolteacher and k feminist. what you are seeing about -- >> come and talk at the mike. >> can we hear you? >> come and talk at the mike. >> i>> like this audience.lause] >> isn't this a good audience? i >> i was actually a student of m.g. lord's. it's always a delight. >> that's why you can think f critically. >>w some were really extraordinary. tell us about the relationship of women'sn rights, fem

thee singing "walton matilda" and awaiting the arrival of a nuclear cloud that's going to wipe them outoo. this became the pilot movie for a whole genre of films like this, on wiping out all life on earth. i think wfs one that was a made for television movie if i remember correctly called "the day after." the same thing, except in indiana or kansas or south dakota, somewhere in there, they're dying of radiation. i had students come up and talk to me about that. they said, what was it like growing up in the 1950s. i say, what do you mean what was it like? they said all you worried about was being your life snuffed out in some kind of atomic blast, go off to school in the morning thinking you'll never see your family again. some of you remember this, you practiced getting under your desk in your homeroom in case the russians dropped a hydrogen bomb on the school? the students say, what was it lie thinking about that all the time. i said i have no earthly idea. i didn't think about that. they said what did you think about it? >> i thought about the scenario that began 800 million years ago

get a truck like sam walton and live in the stores so he might meet a customer. >> yeah, unacceptablehat's a relevant, and that's what macy's is good at, knows what sells in the store. you can bring in a city slicker what sells this season, and that is the cutting edge of retail, whether you like it or not. >>> another gainer in the s&p was ross. did you mention ross? ross sales coming in better than expected, higher profit, ngzing guidance for ross, call it off price retailer, turning around business lately, improving margins, doling with expense better, and wall street likes results of that, up 6.3%. >>> all right. let's get what's moving. >> good morning, david. the story is what's not moving right now. the reason why i say that, the important part here is we have obviously a lot of stuff coming up throughout the course of the day, and traders right now are just maybe jocking for position. look at the s&p 500 over the court of the past week. we've been in a nice little miniwinning streak. up 2% in the course of the past week, pulling off record highs in the s&p 500. look at where t

fugate, i understand that you're friends with our colleague, tim walton. i'm not going to hold that against you -- [laughter] actually, i want to tell you that he is an ardent supporter, a passionate advocate for our veterans, and you couldn't have a better friend. thank you very much for your courage and your testimony here today. i yield back. >> thank you. >> thank you, ranking member kirkpatrick. mr. huelskamp, you have five minutes. >> thank you, mr. chairman. seems like i was just here a few minutes ago, and i do appreciate having more time to discuss these. appreciate the testimony. my name is tim huelskamp and i'm here from the state of kansas. mr. fugate, i hope i pronounced your name correctly. mine is off mispronounced as well. a little follow up on your situation and one thing i've seen lacking in just my few years in congress is accountability. systems do fail. people do fail. i'm particular -- i'm curious of your particular situation as you described in your testimony, written and oral. is the v.a. following up with you after this fact and te

and what we told the walton family representatives then still holds true today. >> wow. all right. we'll leave it there, guys. thank you so much this afternoon. >>> all right, about a half hour before the closing bell. the dow modestly higher, same for the s&p and nasdaq. >>> russian president vladimir putin may be more of a thorn in the side of the west than everyone realizes. that's what emerging market hedge fund specialist bill browder says. he waged an anticorruption campaign in russia and paints a picture of gloom and doom. he'll join us when we come back. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. could help your business didavoid hours of delaynd test caused by slow internet from the phone