adviser at columbia and now i'm a fellow at his program at yale on global justice, that is his wheelhouse. it's about the morality of corporations, making their money in one country taking the money out and moving it manipulating it. he is all over that and he had a book come out last year called global tax fairness which he edited and the answer that knits it all together and i don't think it's going to be that popular is norway which is the world's do-gooders have made a proposal for radical financial transparency like no banking secrecy anywhere ever for anyone anyone. all corporations must enter their fincial statements where they made their money where was extracted and how much tax they paid and where they extracted the goods. i don't think it's very popular but that kind of solves the entire paradigm in one fell swoop. robert hansen, a banker. >> bitcoin is popular. your people that you are writing about, it's a dream for them. >> is also a dream for venezuelans for the hyperinflation and the regime to exchange goods. there are people who want to raise government controls for very

talking about the border wall, for example, that is right in the alt-right wheelhouse.hery: quickly, president trump is well known for being able to mend a broken relationships. what will it take to mend this one? kurt: kathy and end of the day, the worse it gets for donald trump, the more likely it will be that there will be a reconciliation for steve bannon. in order for steve to succeed, he needs trump to fail. circle,ing his interceptio innr going outside of the circle to get advice mother people, that is where bannon could have the opportunity to get back in trump's good graces. shery: former bright spokesperson kurt bardella, thank you for joining us from washington. david: bloomberg's abigail doolittle is here. very small moves for the averages. the doubt, s&p 500, and the nasdaq seeing more games than losses. the nasdaq up slightly. all three major averages have already put in all-time highs. extendingat is through, but more so it seems as if investors have the breather. , this iscro standpoint g #btv 9014 in the bloomberg terminal, and it is the merrill lynch g

at his program at yale because he moved to yale on global justice -- he's, this is, that's his wheelhouse the morality of corporations, you know, making their money in one country, taking the money out, moving it with the transfer pricing,g, manipulating. he's all over that, and he had a book come out last year called global tax -- [inaudible] which he edited. it's like his 32nd book or something. and we, and the answers to that, the answer that links it all together, and i don't think it's going to be that popular, is norway which is sort of world's do-gooders have introduced a proposal for radical transparency, financial transparency. like no banking secrecy anywhere ever for anyone. and all corporations must put in their financial statements, you know, where they made their money, whathe goods they extracted, how much tax pay paid to thehe country from where they hired the labor and extracted the goods. i don't see that being very popular, but that kind of solves the entire paradigm in one fell swoop. yeah. >> [inaudible] >> not when you have bitcoin. oh, robert hanson, a banker. >> [i

that's his wheelhouse right there. he gets put in that position.hey don't really find any collusion so far and now it looks like an obstruction of justice case they are making. who is the chief witness for obstruction of justice? james comey, the best friend of robert mueller. he has illegally leaked the memo to his buddy the professor, a few blocks away as columbia and now comey hires his buddy at tht columbia to be his personal lawyer. then the fbi texts go missing? their entire job is to retain intelligence and then they lost the intelligence from a critical time period when this investigation began? it doesn't make sense. today the chief of staff or james comey in the current fbi director resigns all of a seven. i am willing to make a little bit more of it then dana perino. but she has always been more cautious. >> kimberly: jesse making hey. what do you say? >> greg: i am going to try to make as much sense as possible which means i will make no sense. i enjoy the scandal ping-pong of this. every time some entity pushes the russian occlusion na

secondly, this ought to be in donald trump's wheelhouse.hat we want with the pakistan is not an alliance relationship. they're not allies. the idea they're considered a major ally for getting arms is nuts. but i would say we ought to have a transactional relationship with them. quietly say we will give you this piece of equipment in return for this. what we can never do with pakistan is assume or presume that they will do what we want down the road. every inch of the way this has to be a transactional relationship. >> if you look at history, it has never been possible to destroy an insurgency when it has a safe haven across the border and that's what the afghan insurgecy has. a safe haven. >> do we think the paks did not know osama bin laden was there? >> it's a sign just how out of control pakistan is. >> jerusalem. you know israel very well. what happened -- what exactly happened? it seemed like the israeli right decided they were going to make it impossible for there to be any deal on jerusalem that the palestinians could accept and ther

and they're back in the wheelhouse. that's how i get my mind around that. planning department, again, i don't want to overstep what i should be saying here, but the planning department usually opens a case and assesses their own penalties. often referred to as a de facto demo by planning. they talk about section 317 of the planning code for dwelling unit removal. 317 in the planning code talks about removal by merger or demolition or what not. planning is substantial fair in this. it requires a mandatory review hearing regarding demos and that's what you end up with with the de facto demo. that's how it goes. >> to that point, the planning commission hearing happens after planning has done their due diligence and could be in there for the long periods you talked about. >> yeah. >> and at that point, that's when the applicant gets their opportunity to take in front of the planning commission and hear what they propose to do, is that correct? >> that's correct. it is declared as a de facto demo and done enforcement work, etc cetera and goes to the planning co

they take the rudder off and the wheelhouse off leaving just a wooden box, a floating coffin. a dungeon, if you will. they moor the ship 100 yards off the brooklyn shoreline. why there? they knew disease was going to run rampant through these ships because they were going to use them as floating prisons and they did not want the diseases to come ashore and annihilate the british population or military. and no one gave a darn about brooklyn. so they moored them there. initially, the british tried to keep this under wraps. they are trying to seek an end to the war and the last thing they want to do is aggravate us when we find out what they are doing to the prisoners. three years later, they change their tactics. they have so many prisoners that they decide to hawk one of these massive warships. that is the hms jersey. our cursed warship. they put 1000 american prisoners in her hulls. they hammer shut the portals, they put wood over them, they nail down the hatch, and almost 1000 of them die. this is when the british get a plan. a shocking plan. a plan that is remarkably contemp

petty officers found him in the wheelhouse with no way to start or steer the boat. >> it could have run into other vessels or run over other vessels. 350 tons of steal and it doesn't care what it's it does when it hits it. >> it was out of control. >> the tugboat never hit anything. crandall is now being held on $15,000 bail in the marin county jail. >>> we'll have to wait to learn the identify of the student in kentucky accused of killing two classmates yesterday. bailey holt and preston cope both 15 were killed when a classmate at marshall county high school opened fire in a school atrium. authorities say that the 15- year-old boy used a handgun to shoot randomly. it took less than 10 minutes for law enforcement to arrive and then arrest him. prosecutors are expected to ask for the suspect to be tried as an adult, at which time his identity will be revealed. according to the "new york times," this is the 11th shooting on a school property already this year. >>> the family of a kansas man killed by police during a swatting break is suing. a california man is charged with allegedly maki

that is right in china's wheelhouse. so there is so much more than be done with the existing sanctions to cut off that economy. >> well don't, forget, all the examples you're pointing out which are very relevant that was before a week ago they put increased sanctions on them. even president trump in his tweet says this is one of the reasons why he willing to start talks because the sanctions are working. the south koreans stopped the transfer of oil at sea. the international community is the way to go. these tweets don't help us to get the countries to support us here. dagen: larry, good to see you. thank you so much. we'll see what happens. >> thanks. dagen: there is a whole news media out there, everything trump tweets that is all they talk about. you won't believe what president trump tweeted! it is money that talks. the tweets ultimately can walk. larry, thank you. >>> the east coast already under a deep freeze brazing for what meteorologists are calling a bomb cyclone which could create major havoc. as the midwest g

in our wheelhouse of hematology, you mentioned bluebird bio and you mentioned juppo and for lymphomas, bluebird bio, this remarkable approach to myeloma and we don't necessarily need to acquire partners we could work together and that's actually had a model that has brought partnerships to us in the context of capital deployment we're looking at all the time building and aggressively growing the company. the impact dial is for a molecule working for a high medical deed in hematology. >> up last question for you. your executive chairman, politico working last week, interested in a potential senate run. is he running for congress >> bob is a dear friend and we've worked together a long time the two of us are very happy where celgene is tailed and have a lot of work to do and if you want to talk to bob about his political aspirations, best to talk to him, not me. >> we'll see him roaming around. >> thanks so much for joining us. >> scott, a lot more guests coming up coming up next on "power lunch." back to you. >> meg tirrell out at that conference for us. biotech isdown 1.5% today, wor

it's in his wheelhouse. like all major measures will require bipartisan coalition.mp is do bipartisan is the new phrase. will democrats feel incentivized to do it? now with doug jones in the senate, the margin is tight. can there be some grand bargain on d.r.e.a.m.ers and the wall? that's a tough pill for the democrats to swallow. >> he made a joke this morning, the agenda for 2018 is everything. it sort of is. you want to get everything done here. kharoun, it may be d.r.e.a.m.ers here where democrats decide to stage what could be a political last stand or big fight here. >> yeah, especially because it's something they believe will actually matter once we get to campaign season, turning out the vote. it's a very passionate, emotional issue, an issue people feel passionately about. though it's not necessarily in another situation the deciding issue, immigration is not necessarily deciding issue for voters, when you take something away that has been there for a lot of people, that's a really significant thing that will not go unnoticed. so it's going to be an interest

secondly, this ought to be in donald trump's wheelhouse.s not an alliance relationship. who are we kidding? they are not allies. the idea that they are considered a nonnato ally, a major ally for getting arms is nuts. but i would say we ought to have a transactional relationship with them. quietly say we will give you this piece of equipment in return for this. what we can never do with pakistan is assume or presume that they will do what we want down the road. every inch of the way this has to be a transactional issue. >> if you look at history, it has never been possible to destroy an insurgency and it has a safe haven across the border. >> and do we think that the paks did not know that osama bin laden was living there for years? >> or even worse, if they didn't know, it's a sign of how out of control pakistan -- >> we have to get to jerusalem. dan senor know this is very well. we have made it essentially impossible for there to be any deal on jerusalem that the palestinians could accept and, therefore, looking in the idea that there's n

. >> i like "downton abbey" a lot too but i didn't think it was in your wheelhouse. >> i take offensedn't think -- >> no i just don't know. >> "breaking bad" kind of guy. >> marciano. "downton abbey." okay. >>> well lady gaga is giving us a million reasons to call her fearless, applause, please, leaving us all speechless with her zip-lining style upside down through the trees on instagram with her agent boyfriend and rumored fiance christian carino. there we go. the two are vacationing in costa rica. he captioned simply a warm-up. who can forget that super bowl appearance which appears to have her jumping from the top of nrg stadium. >> there it is. >> "gma" has our own instagram account. follow it. speaking of commercial, here's one for target aka tar-jay. a lot smile when they go into the store. what about doggies. check out zira or zira. i'm going to go with zira, the corgi. total target glee. the owner posting my dog went to target and look how happy she is. >> looks like -- yeah, like a -- >> like a mad dog. >> look at those eyes. >> well, no, look at how -- >> creepy. >> look at

paul gait, this is his wheelhouse. could this carry on into 2018? paul: i think so.e more years now. we see a consequence of some improvement in fundamental, in particular on the suppy slide. we see the consequence now period fory tough commodities, a hard landing in the chinese economy, precipitated by significant reductions in project investment in the supply side across a host of commodities. now we are dealing with a situation where demand is pretty robust. we have coordinated macroeconomic growth. leave decent growth in china. -- we have decent growth in china. pretty much all of these commodities are starting to improve. there's nothing coming in on the supply side that can be brought to the market in relatively quick order. it takes many years to move from the investment decision to see the supply come to the market. if we needed the supply this year, we needed to improve the projects in 2012 and 2013. and we saw a reduction in capital spending. i think the price of these commodities can move higher from here. iron ore and copper have done really well. i think

squarely within their-wheelhouse -- just a moment here. we're seeing the governor there david ige, governor of hawaii, approaching the podium in honolulu speaking at the honolulu department of emergency management. what he has to say. here he is, governor of hawaii. >> good afternoon. today is a day that most of us will never forget. a day when many in our community thought that our worst nightmare might actually be happening. a day when many frantically tried to think about the things that they would do if a ballistic missile launch would happen. i know firsthand that what happened today was totally unacceptable and many in our community were deeply affected by this, and i'm sorry for that pain and confusion that anyone might have experienced. i am, too, very angry and disappointed that this happened. we are doing everything that we can immediately to ensure that it never happens again. you know, we have spent the morning with general logan and those involved with emergency management and their teams, and i have directed them to make the

ought to be working, we ought to be working in a bipartisan fashion to do what is right within our wheelhouse which is to protect the department of justice from obstruction and interference. and to draft legislation to protect our 2018 elections which just a few days ago pompeo warned us would be the continued subject of russian meddling. that's what we should be doing. the chairman has decided that we should basically break into two teams, a republican judiciary committee and a democratic judiciary committee and go our separate ways. given that decision, i think senator fine tine maeinstein ma choice that she could to release the glenn simpson transcripts today. but certainly not the best of all worlds. >> you're referring to senator grassley? >> grassley is the chairman, fine stein relea feinstein released. >> grassley said the release is totally con founds and undermines the integrity of the committee's work. >> i don't think it does that because the person had written an edit toorial laying out what said in public ahead of this and called for the release of the transcripts. so it's not as

libby: that is out of my wheelhouse, but what we see is tax reform is impacting companies in a way thatiously are -- what they are doing for employees, for the compensation for employees, so from a political perspective, which is more my lane, this is feeding right into what president trump and the administration wanted. they want the tax reform to boost the after-tax incomes, it is a question of whether it is sustainable. is it public relations or something that companies will keep up? david: the state of the union looks forward and back, back in what has been accomplished, but looking forward has the president basically done what he can do for the economy for investors, in the tax cuts, also in the regulation? -- in deregulation? is there much to do going forward for investors? libby: from a deregulation perspective, which is just starting as you know, regulating takes a long time but deregulating takes a long time as well, so many agencies are just getting those trump nominees confirmed and getting traction, so we will see the deregulation story playing out over 2018 and 2019, but fr

management, distribution and it is sometimes making a credit decision for five people was not in our wheelhouseng a credit decision for 5 million people absolutely is. erik: a question about crypto. >> is that superman's planet? erik: every investment bank appears to be building a business of cryptocurrency trading. where do you stand? >> i get showered with these questions. contracts andres we clear them for our clients. for our clients that want to , we saytures on bitcoin we would clear that. but trading and making market, we're not doing. therehow much demand is from clients for futures clearing at the moment in bitcoin? >> not a lot. erik: does that surprise you? >> no. will it ever be a lot? erik: >> it might but there are things under heaven and earth that could go one way and went another way. i don't think it will take a store of value that moves 25% in a day and goes down by half in a week. a transactional medium that's so hard to do and where a high percentage gets lost or forgotten or stolen, it's not great. but if it does work him i will be able to explain why it did. in other word

with these kinds of environments as you can get ahead of yourself and doing things outside of your wheelhouse. ourselvesciplining and built things it over a hard decade. our employees deserve strong performance for the next decade. john: i look forward to discussing it with you in another five years. james gorman of morgan stanley, thank you very much. david: that was john mickelthwait, bloomberg editor in chief. coming up, nafta negotiations continue in montreal. where the talks stand right now. and if you cannot watch us on tv, listen to us on the radio. bloomberg surveillance can be heard in new york, boston, the bay area, washington, dc, and all across the united eight on sirius xm radio. live from new york, this is bloomberg. ♪ taylor: i'm here in the hewlett-packard enterprise greenroom. coming up, we will speak to jamie dimon, jpmorgan chairman and ceo. david: this is bloomberg daybreak, i'm david westin. let's get a quick check on the markets with taylor riggs. taylor: the biggest story of the day as the weaker dollar index off about an intensive 1% after steve mnuchin said that a wea

i'm looking at chinese food, which is totally in my wheelhou wheelhouse. is that general ts a's? and lethargic after this. how about instead of the egg roll we go to egg drop soup. instead of the fried rice, we go to steamed brown rice with soy sauce. ask inste and instead of the battered fried chicken, we're going to go to chicken and broccoli and brown sauce. this one, 1,800 calories. the after, 800 calories. >> okay. what's the brown sauce? because i'm curious. part of it is the flavor that you miss. >> i mean, this from a chinese restaurant is really going to be some peanut oil. >> pretty good. >> yeah. put all sorts of flavorings in there. and to top it off, this is only 25 calories for a fortune cookie. >> so if you need a sweet at the end. >> i mean, orange slices. all doable. >> kevin and lindsey, thanks, you guys. you did remarkable work. to check out joy's 30-day plan, head to today.com/starttoday, and sign up for our newsletter by texting today at 66866. speaking of resolutions, just ahead, jill is here to help you stick to them this year with one of the biggest steals

technology, big tech let's start with apple it's not your wheelhouse apple announcing different thingsuick take as a venture capitalist about what apple was doing. >> it's great that they are taking a leadership position bringing money back to the u.s., creating jobs and focused on the u.s. the second thing that encourages venture capitalists like myself is so many businesses need scale to survive apple and others do the same thing -- buying up smaller companies, plugging them into the system >> that's interesting. the debate we were having with steve liesman is what do they do with the money they are bringing back they are writing a giant check to the government. that will leave them with a lot of money they'll probably buy bonds, maybe a buyback. do you think apple could be a bigger venture capital investor? >> absolutely. we believe you'll live in a world where the big get bigger because of the flywheel effects of data. apple will be doing that a lot of things that couldn't survive on their own, plug them into the apple system and they have a chance. >> better odds for an exit for y

let's get back to the wheelhouse.u look at the governing council members said they could stop asset purchases, this seems to be the outlier. does the ecb have any incentive to do that? economic pointan of view, it doesn't matter if ory end in september december. i don't think that you get noise in the market when we saw on friday, when they put out the minutes. i wrote about that on sunday. you have a very clear case here where they are discussing it inside the ecb the. -- they are quite a disagreement. he said surprised that this. but i think the message was clear from the minutes that by i guess march we could get a communication change that says, if this continues, we ended in september. francine: we have dabo swinney entering president.ting the erik: the underlying economics are better in europe. productivity growth is better in the u.s. there is a reason why you have a stronger model. fundamentally strange part of this, but it moves a little fast for this space. of septemberend and at the same time, we had the br

certainly understand what the continuing crs does to the train, or therefore, lack of training in your wheelhouse. thank you very much. mr. chairman, i yield back. >> thank you very much, dr. abraham. >> thank you, mr. chair. mr. secretary. admiral richardson. thank you for your service. my question concerns the aegis system and i wanted your assessment of how effective that currently is in the boost phase of an intercontinental ballistic missile in intercepting that and how much assurance the american public could have in that technology currently. >> first let me say foremost the aegis combat system is highly effective in the ballistic missile defense role. we have tuned it for that role. we continue to improve it for that role. not only in the combat system but also the intercepters and so that's a program, a capability, that's on a path of continuous improvement. you ask specifically about the boost phase. i'll tell you, just from a geometry standpoint, i've got to say that that is a very difficult part of the kill chain, if you will, to get after. the missile that you're trying to hit does n

this could really be something that stirs things up stain in the wheelhouse. see that, if we're seen seen businesses that be something that helps the republicans going into the midterm? >> i'm a small business guy. i write and work for small business. when i see it last small businesses getting the tax cut that we are expected to get this year, i do expect to see a lot of them reinvest and hiring more people. i also have a lot of respect for big corporations and people that work for bigger companies. they have more tax benefits available. they will invest back in their employees, and they will hire more people. again, hoping to make sure they get the people that they have state motivated peer let's face it. working for fox, if you get paid a little bit more come up that much more benefits, you will go back to your neighborhood you will buy pizzas and go to dinner and only spend money at your -- that will benefit all of your local small businesses in the community as well. and that will turn into new jobs too. more money in people's pockets. how can you argue t