tv Real Money With Ali Velshi Al Jazeera March 10, 2015 3:30am-4:01am EDT
>> come the rainy season the gathering clouds may slow things down but until then, this coffee service is full steam ahead. rob mcbride, al jazeera, phnom penh. >> you can easily navigate your way through our website the address is aljazeera.com. >> one of hillary clinton's wall street donors could cost her in the 2016 race for president. especially in the democratic primaries, the robots stealing your job should you do anything to change it? and better yet, should you?
>> let's talk about hillary clinton. like her or not she's got an impressive resume. she was first lady of the united states, then became senator. for all accounts, she worked hard for her constituents, then rannen for president but lost to barack obama. he brought her in as secretary of state and she stepped down in 2013. now it's a forgone conclusion that she's diagnose to make another run in 2016. official government business as secretary of state, on a personal e-mail can account is e-mail can account is now fodder for republicans. possible channing challenge from the liberal left, over her financial ties with the liberal allocate. antiwall street fire brand
elizabeth warren. bad blood that main street still has for wall street seven years after the financial crisis that changes our lived. lives. fair or not, hillary clinton being chummy with wall street is something she'll have to confront. david air arioso explains. >> wall street, it is an engine of america's economic power and it wields real influence in politics. during the last mid term election the financial sector contributed more than $37 million to republican candidates. and another $25 million to democrats. >> you know that old theory: trickle down economics. >> but for hillary clinton close ties to the banks could be a help and hindrance as she prepares another run for the presidency. recent
poalings, show wall pollings. >> the more traditional reform-minded pro-regulation pro-labor democrats. >> but the financial sector matters to clinton. it was her second largest donor for her bid for the presidency in 2008. after she left the state department, that relationship stayed close. both goldman sachs and others paid her hef hefty fees. can clinton portray herself as a true champion of the middle class? those like harp ers magazine chairman and massachusetts
senator elizabeth warren. >> i want to ask a question about supervising big banks when they break the law. >> urging readers to, quote, stop hillary. >> we did it as a matter of principle because we saw the momentum building for a clinton anointment as nominee who and a half years before the convention. more than a year before the primaries begin and so we said my goodness there should be a little bit of competition. >> thank you all so much. >> mcarthur was a minority voice, with the majority rallying around clinton's second run. the news was clinton while secretary of state used a private e-mail while doing deposit business. new scrutiny over clinton's time in the state department and gives impression that the clintons tend to play by their own rules. it instead went overseas.
a private e-mail account and server could allow e-mails between then secretary clinton and foreign leaders to be permanently deleted. that's put new scrutiny on the clinton foundation a charity that is founded by the clintons to address poverty and gender inequally. >> look across the blue see all the challenges. >> the foundation is highly regarded among development experts and well-funded. since 2001 it has received nearly $2 billion from private donors and governments including saudi arabia and oman. >> despite limits, seven foreign governments in total while she was secretary of state. now those contribution he picked up after she left office and started her second bid for the presidency. >> the real challenge to
democracy comes if the gifts to the nonprofits and the an anonymity they allow. >> there have been no specific allegation of misconduct against clinton other than this potential breach of e-mail protocol and the clintons or hillary clinton have released 50,000 e-mails for review. though clinton later tweeted, i want the public to see my e-mail, i released them to the state department, they said they would release them as soon as possible. the question isn't about e-mails that were saved and handed over. instead much like the ties to wall street, it is the question of transparency. >> david arioso joins me now. david, most people are noting familiar with what the controversy is. what is this law that she was accused by some of breaking and defended by others for not breaking.
what's this all about? >> i think at the end of the day we are in a campaign season already, the politics matter a lot. politics left and right but when we get to the law of it it's a bit murky. federal laws have not caught up to modern day. it was 2014 that congress passed and president obama signed into law the federal records act that basically required people to use their public e-mails. you were able to forward e-mails on but back in 2009 the national archives did issue a regulates that essentially said, you have to take yu e-mail you used from your g mail or private accounts and send them on. that was while clinton was secretary of state. actual act that was passed last year, clinton was out of office and working towards presume bring her second presidential bid. >> one of these things is a
regulation that the archives wanted and then the state department had some rules and then it became an actual law. the stuff we're dealing with hillary clinton doesn't contravene a law right now, seemingly? >> it doesn't. but congressional inquiries and attorneys i've spoken to, legal experts will say if you have private e-mails that will absolve you or keep you out of the purview of those investigations. obviously these things can be drawn in later but the freedom of information act won't e-mail. if you are not moving that from a public record to your private account, there's no rming control overrole overwhat you sent when. delete. thank you david. having it both ways is easier said than done and i'll
look at how her democratic rival, elizabeth warren could benefit. that comes your way in two minutes. your turn. is hillary clinton getting a fair shake from the media? tweet me >> every sunday night. >> i lived that character. >> go one on one with america's movers and shakers. >> we will be able to see change. >> gripping... inspiring... entertaining. no topic off limits. >> 'cause i'm like, "dad, there are hookers in this house". >> exclusive conversations you won't find anywhere else. >> these are very vivid, human stories. >> if you have an agenda with people, you sometimes don't see the truth. >> "talk to al jazeera". sunday, 6:30 eastern. only on al jazeera america.
>> protecting those working to protect us. >> we always have to stay one step ahead of them because they're out there. >> techknow's team of experts show you how the miracles of science... >> this is my selfie, what can you tell me about my future? >> can affect and surprise us. >> don't try this at home. >> "techknow" where technology meets humanity. only on al jazeera america. >> the e-mail controversy should not hurt hillary clinton's road to the white house and it doesn't qualify as a scandal. that is according to michael shure. joins me now from culver city. michael good to have you with us, great to have you on the show. the big bankers want her to be president. she said on past speeches, we ought awl got into this together, we're going to have to work on it together to get out of it. lumps it in with those folks on wall street.
>> you know ali what's going to be really important for hillary clinton to do here is go after middle class america in a different way. i don't think the politics of envy, the politics of division is one she can work on. she has to talk more because as you said you know she is aligned with wall street. she's been taking money from wall street as long as any of us can remember. she's going to have to go to the middle class and say this is what i can do to make life better. she's going to have to key in on the middle class and say, i don't care how much that guy has, i want more. >> this controversy over the use of her e-mails during her time as secretary of state, is that going to hurt her with democrats? it seems for the moment this has largely been contained to republicans attacking attacking hillary clinton, some are tired of her and the drama that seems to follow the clintons. >> i think that's exactly right, the exhaust you
get from clinton, the narrative we become so accustomed to. it was hillary clinton who told bill clinton not to release as much as he wanted to release during the white water scandal and that was a generation ago. that does further the narrative. on the other hand, this doesn't necessarily hurt her because people get tired of hearing about it as well. if republicans are just going to hammer her on e-mails that is probably not a winner either. she has benefit in her quote unquote hibernation, that hibernation ends when she declares her nomination. >> all sorts of references as to whether or not this e-mail controversy is legal or scandalous or neither. you say it's not right to call it a scandal. and it may not have been, the federal rules were broken. the year she took office as secretary of state a rule went
into place that david was talking about stating that if an agency allows its employees to use a personal e-mail account they have to be preserved in the appropriate e-mail keeping system. what do you think about this, is this a breaking of the spirit of the law or more? >> it may be. we are not certain that it's a break of the law as david arioso said. the state department has regulations, the point is it's about secrecy. it is about the same old hillary clinton. she has to be better. if colin powell did it, and others did it, hillary clinton has to answer for this and she's got to be better than in the past on this, and this is indication she wasn't. if it's breaking a law it could turn into a scandal if we find e-mails of very sensitive nature were sent over this system.
right now it's just a story that story. >> it will be hard because to win the hearts and minds of democrats you'd have to be a bit of an outsider to the system. hillary clinton is nonan outsider. elizabeth warren has an easier time of doing this. does this hurt or help elizabeth warren? >> it only helps elizabeth warren in a primary if she runs in a primary. elizabeth warren says she will not run for president. this narrative will hurt hillary clinton should warren run. but just because this is happening doesn't mean elizabeth warren is the only beneficiary. it does not make elizabeth warren's nomination.
it will be a totally different ballgame so elizabeth warren is not the standard-bearer of the party just yet. >> thank you michael shure. any nuclear agreement being negotiated between iran and world powers could be overturned if their party wins the white house in 2016. in an open letter addressed to iranian leaders they say that absent congressional approval the proposed deal would be merely an agreement with president obama and could be reversed by his successor. for more we have this report from exerl halkett kimberly halkett in washington. >> an effort made more challenging because of actions by top members of the united states congress. >> we cannot allow them to have a nuclear weapon. if that means military action that's what it will end up taking. we do not want an economically strong iran. >> reporter: that's why a top
senate republican and democrat this week introduced legislation requiring the white house to send details of a potential deal lifting iran's sanctions and limits to the iranian program to congress for review. >> the only way you can make sure they are not developing a bomb is the intrusive and unexpected inspections. >> reporter: it's legislation now threatening to sabotage fragile negotiations. following an appeal in congress by israel prime minister benjamin netanyahu. he note ed that any agreement could sabotage the results. it maintains is for peaceful purposes. president barack obama says the
u.s. would only sign off on an agreement that ensures iran would not have the ability to quickly produce an atomic weapon. >> if we cannot verify that they are not going to obtain a nuclear weapon that there's a breakout period so that even if they cheated we would be able to have enough time to take action. if we don't have that kind of deal then we're not going to take it. >> but capitol hill lawmakers are insisting that the president send details of any deal to congress for review. also requiring a two month delay before sanctions are lifted. president obama has threatened to veto any law which attempts to scuttle a deal with iran but that veto could provide difficult. if two-thirds of the senate approves legislation that would allow for congress to weigh in it could potentially derail any agreement with the white house.
kimberly halkett, al jazeera, washington. >> brace yourself, the person at the office could not be a person at all. >> hello, i'm osh bot. >> heavily armed combat tactics >> every little podunk wants their tank and their bazooka... >> with s.w.a.t. raids on the rise... >> when it goes wrong, it goes extremely wrong... >> what's the price for militarizing our police >> they killed evan dead >> faul lines, al jazeera america's hard hitting... >> today they will be arrested... >> ground breaking... >> they're firing canisters of gas at us... >> emmy award winning investigative series... deadly force: arming america's police
tech research firm gartner predicts that one-third of all jobs will be handled by software, robots and smart machines in 2025. within a decade, robots will be driving our cars, performing surgery and stocking our grocery shelves. big clunky robot butlers creepy robot dolls infiltrating a man's office. for decades the general consensus of robots in modern day culture looked like this. but robots have been living and working among us. the first industrial robot was used on the production line in general motors in 1961. it was the beginning of an era of automation. now some scientists warn we are
on the cuss much cusp of the second machine age. >> hello i am osh bot. the robot store helper. what are you looking today? >> like this robot that helps customers find items and answer questions. they don't take sick days or ask for a raise. >> can you place the object in my view viewfinder. >> kivas working in fulfillment centers replacing human workers. experts are divided on the question of whether robots will hurt the job market. tech entrepreneurs believe the middle class will not be hitter busy robots in the workforce. he claims it will free people up to do more productive things. diane francis couldn't disagree more. she's an author and journalist working on a influence book on
slifn. slifn. silicon valley. >> it's doing jobs that no one would have dreamed of except science fiction writers. new be software is being written by algorithms by robots. the point is this is accelerating accelerating exponentially. 47% of all american jobs, all american jobs would disappear to automation and robots and so on. that is a very rapid transformation that can't be absorbed. there aren't other jobs to go to, and so on. i think it's a huge problem, many a social problem, and my concern is the companies and the owners of this equipment and
these technologies can reap huge gains and make lots of money but who's going to sustain the workers that are displaced and can't be retrained? >> go back to the henry ford model, where he wants a car priced at a limit people can buy it. are we in danger when we are displaced by so many robots? >> i don't want to sound crazy but down the road, when workers are replaced by machines and don't get any profits by what replaces them or some of the benefits of from what replaces them you have lost investors and there goes the bottom line. a lot of the apoll that took centuries, it was horrible
industrial revolution what it did to workers was dreadful, we had the unions rise as a result, even half as much as is predicted in 15 years, that quickly would be catastrophic. >> you are as pro-business a person as i've ever met. >> totally totally. >> how do you square that and not seem like a lud dite? massive gains in the technological sector, we are all massive cheerleaders for this stuff. we love it. we all look at these drones and say this is the future, like the jet sons. jetsons. how do you square technology? will it stop it in its tracks? >> the technology has to be more than a detriment. >> from a profitability point of view that's easy to determine,
they don't take sick days, you buy the, only once. you see the benefits of automation. >> you can see the downturn to it, we live in welfare states, we have to have welfare states in my opinion. when you start to take people's jobs away from them, kids need public education and so on. >> they are only net recipients. >> exactly. sort of like the wall street bailout thing. oh great you make a billion bucks we bail you out the society bails you out but you pocket the profits. that's the concern. to me it's the social contract. >> the burden on government makes yet bigger while private enterprise grows bigger. the company's not going to say we've achieved enough technology we're not going furthers. who solves this? is this regulation? that's not something that sits
welt with you? >> no, i'm putting together a book on this. we have to be aware that this is hurtling towards us. think of the driverless car. how many people drive buses and trucks and cabs? this is going to be on us very quickly. we have to a know it's coming and b, figure out how it's going to divide the the pie. if you don't divide the pie and allow certainly men to become the overlords, where's our system and when it is going to lap? >> tomorrow, words too hot for use in florida's top environmental agency. that's tomorrow, 10:30 p.m. eastern on "real money." velshi. thank you for joining us.