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May 13, 2015
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i vote for fast-track, for nafta. instead of the million new jobs that were promised, by 2010, the united states had lost 700,000 jobs. so instead of standing in a corner figuring out how we're going to lose more jobs, we ought to do something that works for the middle class. let me tell you what happened with nafta. instead of improved pay for our workers, which was promised, nafta pushed down american wages. it empowered employers to sty their workers either -- to say to their workers either accept lower wages and benefits or we are moving to mexico. instead of strengthening our economy, it increased our trade deficit to mexico, which know this year hit $50 billion. before nafta we had a trade surplus with mexico. now we have a trade deficit. so instead of standing in the corner and figuring out how we can have more trade deficits with countries we ought to do something to help the middle class. i want to talk about something that happened in california in santa ana right after nafta. the city had worked hard to kee
i vote for fast-track, for nafta. instead of the million new jobs that were promised, by 2010, the united states had lost 700,000 jobs. so instead of standing in a corner figuring out how we're going to lose more jobs, we ought to do something that works for the middle class. let me tell you what happened with nafta. instead of improved pay for our workers, which was promised, nafta pushed down american wages. it empowered employers to sty their workers either -- to say to their workers either...
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May 13, 2015
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let me tell you what happened with nafta. instead of improve pay for our workers which was promised nafta pushed down american wages. it empowered employers to take their workers either accept lower wages and benefits or we are moving to mexico. instead of strengthening our economy it increased our trade deficit to mexico which now this year hits $50 billion. before and after we had a trade surplus in mexico now we have a trade deficit creates so instead of standing in the corner and figuring out how we can have more trade deficit we have to do something to help the middle class. i want to talk about something that happened in california in santa ana right after nafta. the city had worked hard to keep the mitsubishi plant that assembled big screen tvs securing tax credit to help them stay competitive. even after nafta passed company officials promised they would keep the plant in santa ana but guess what folks three years later mitsubishi close the plant plant. company officials said they had to cut costs especially labor cos
let me tell you what happened with nafta. instead of improve pay for our workers which was promised nafta pushed down american wages. it empowered employers to take their workers either accept lower wages and benefits or we are moving to mexico. instead of strengthening our economy it increased our trade deficit to mexico which now this year hits $50 billion. before and after we had a trade surplus in mexico now we have a trade deficit creates so instead of standing in the corner and figuring...
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May 17, 2015
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and it wasn't that high before nafta came in. you are seeing these democrats say the promises of the somewhat balanced did not happen. and then you are saying that they feel their work job impacts that happened and they are worried about having it this time. if you have democrats that are really concerned about the job side of this bill, they are looking back 20 years and obama is countering this by saying look, this is me. this is not whoever else, this is me now. you know me and i am not that we have learned lessons, but democrats are not sure. host: fast track is part of the debate you will be seen in the senate this week and in the house next month. it really does give the president the authority to in -- to negotiate these international trade agreements that congress can't approve or disapprove but here's the key point, congress cannot amend or filibuster or approve or disapprove in the totality which is one of the arguments being put forward by independent senator bernie sanders from vermont, who is running for president as
and it wasn't that high before nafta came in. you are seeing these democrats say the promises of the somewhat balanced did not happen. and then you are saying that they feel their work job impacts that happened and they are worried about having it this time. if you have democrats that are really concerned about the job side of this bill, they are looking back 20 years and obama is countering this by saying look, this is me. this is not whoever else, this is me now. you know me and i am not that...
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May 19, 2015
05/15
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nafta really never had any document revisions and after nafta was negotiated the clinton administration talked about creating a free trade area with americans and it would be expansion of nafta into the region but for a variety of reasons that ever happen so i don't think we have an example of a big regional agreement that is a living agreement so i do think it would be very much in the u.s. interest and then korea's interest to move as quickly as possible after tpp has been concluded to take that and i would like it to be done before this administration. >> i just want to add a little bit of that because it's hard for me to imagine happening next year but i totally agree with ted that is then korea's interest to move quickly. what i mean by that is if korea gets put into a second round with a bunch of countries that have made changes and are going to be resistant to some of them including some competitors in korea. i won't name them but one begins with t you know much less other countries that have farther to go that prays to them want to aspire to a high standard agreement but it's go
nafta really never had any document revisions and after nafta was negotiated the clinton administration talked about creating a free trade area with americans and it would be expansion of nafta into the region but for a variety of reasons that ever happen so i don't think we have an example of a big regional agreement that is a living agreement so i do think it would be very much in the u.s. interest and then korea's interest to move as quickly as possible after tpp has been concluded to take...
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May 12, 2015
05/15
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i vote for fast-track, for nafta. instead of the million new jobs that were promised, by 2010, the united states had lost 700,000 jobs. so instead of standing in a corner figuring out how we're going to lose more jobs, we ought to do something that works for the middle class. let me tell you what happened with nafta. instead of improved pay for our workers, which was promised, nafta pushed down american wages. it empowered employers to sty their workers either -- to say to their workers either accept lower wages and benefits or we are moving to mexico. instead of strengthening our economy, it increased our trade deficit to mexico, which know this year hit $50 billion. before nafta we had a trade surplus with mexico. now we have a trade deficit. so instead of standing in the corner and figuring out how we can have more trade deficits with countries we ought to do something to help the middle class. i want to talk about something that happened in california in santa ana right after nafta. the city had worked hard to kee
i vote for fast-track, for nafta. instead of the million new jobs that were promised, by 2010, the united states had lost 700,000 jobs. so instead of standing in a corner figuring out how we're going to lose more jobs, we ought to do something that works for the middle class. let me tell you what happened with nafta. instead of improved pay for our workers, which was promised, nafta pushed down american wages. it empowered employers to sty their workers either -- to say to their workers either...
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May 1, 2015
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in an online political ad california congressman alan grayson compared the trade deal to nafta, critics say the agreement signed by president bill clinton in 1993 dramatically widened the u.s. trade imbalance and according to the advocacy group public citizen cost 845,000 u.s. jobs. democrats have also voiced concern over tpp's food safety provisions agriculture market access auto sales protections and measures to prevent currency manipulation. >> those are some of the concerns that people have and the issue of mexico what is the performance in nafta this bill is supposed to improve that. >> the president can guarantee will be included in a tpp agreement if one can be reached are enforceable labor protections that were not included in nafta. >> with democrats increasingly skeptical the president is counting on congressional republicans to collect enough votes to move forward. >> the president needs to step up his game in terms of garnering more support amongst democrats, especially here in the house. >> reporter: if republicans can come up with 200 votes which would probably be at or ne
in an online political ad california congressman alan grayson compared the trade deal to nafta, critics say the agreement signed by president bill clinton in 1993 dramatically widened the u.s. trade imbalance and according to the advocacy group public citizen cost 845,000 u.s. jobs. democrats have also voiced concern over tpp's food safety provisions agriculture market access auto sales protections and measures to prevent currency manipulation. >> those are some of the concerns that...
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May 13, 2015
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they say that's what we heard in nafta 20 years ago. was nafta a job creator? >> i think you can't compare the two. i think this is what i keep emphasizing, the growth going on in the asia-pacific is something we've got to have access to and today, we don't. for example, if you want to sell pork into asia, you could face a tariff of up to 100%. you want to sell autos, you could face a tariff of 80%. chemicals, you could face a tariff of 30%. if a foreign company wants to sell here in the nays often you face a tariff in fact, you face a taf rif of 1.4%. so we're at a real exit i've disadvantage not just with tariffs but with labor and environmental standards and if we don't participate in those markets, our companies will get left behind our workers will get left behind. >> hunt: am i hear you saying nafta may not have been so good but this is different. >> this is different and the time is different. >> hunt: and nafta wasn't so good? >> i'm not going to compare to nafta. what i'm talking about is the world economy today. >> hunt: let's talk about some to have
they say that's what we heard in nafta 20 years ago. was nafta a job creator? >> i think you can't compare the two. i think this is what i keep emphasizing, the growth going on in the asia-pacific is something we've got to have access to and today, we don't. for example, if you want to sell pork into asia, you could face a tariff of up to 100%. you want to sell autos, you could face a tariff of 80%. chemicals, you could face a tariff of 30%. if a foreign company wants to sell here in the...
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May 19, 2015
05/15
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some 22 years later because people don't think nafta was a success. a lot of people believe nafta caught as jobs, cost them jobs, cost family members jobs and as a result, they have great, great reticence about entering into a trade deal with 11 countries, particularly countries like it now who don't have market economies, don't have trade union movements. they have a single trade union, so there is a lot of concern about this which is by the way, shared by republicans and independents, not just democrats. so the country itself -- betty: how do you move past that then? >> you've got to try to make sure the country understands the positive effects of the trade deal. i frankly, have voted for trade deals in the past but i am looking at this one very, very closely to see whether or not it is in fact in the best interest of our country and our economy and jobs market. betty: moving on to another topic on nsa surveillance, that bill to restrict the usage or restrict the collection of that data passed the house. it is going on to the senate, what are the ne
some 22 years later because people don't think nafta was a success. a lot of people believe nafta caught as jobs, cost them jobs, cost family members jobs and as a result, they have great, great reticence about entering into a trade deal with 11 countries, particularly countries like it now who don't have market economies, don't have trade union movements. they have a single trade union, so there is a lot of concern about this which is by the way, shared by republicans and independents, not...
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May 20, 2015
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host: did you vote for jack -- nafta? guest: no, and i can see the results of nafta. in communities that rely on certain traits collapsed. -- certain trades collapsed. let's be realistic, there comes a time in everyone's life, if you miss that train you cannot get back on. if you're old, a car pension is not there technology, youngsters coming on board. when you miss it in middle-age, you miss it for life. the transition of authority hardly makes up for broken families and broken dreams. host: michigan, don independent, you are talking with congressman charles rangel. caller: thank you for having me on. good morning, mr. rangle. i love that word challenge. i would like to challenge you and your memory. stimulus, shovel ready and $1 trillion, and the percentage used for infrastructure, 3% or 4%? i wanted to mention that you to jog your memory. if you want to do something that helps america -- let's get rid of the federal tax system in place, put something in place that does not have any kind of subsidy and let the private sector and people go ahead and solicit the worl
host: did you vote for jack -- nafta? guest: no, and i can see the results of nafta. in communities that rely on certain traits collapsed. -- certain trades collapsed. let's be realistic, there comes a time in everyone's life, if you miss that train you cannot get back on. if you're old, a car pension is not there technology, youngsters coming on board. when you miss it in middle-age, you miss it for life. the transition of authority hardly makes up for broken families and broken dreams. host:...
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May 16, 2015
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of course the president, her husband, has signed nafta in law and been a pro-trade democrat. gwen: when she was a secretary of state she thought this was a good idea. >> and has said we need to see what the agreement is before she can support it. and she's not weighed in on the issue before congress right now. which is that fast track authority, did she actually support the trade promotion authority? she has not said that explicitly. clearly this is an effort to cover herself on the left. given the fact that she is trying to reach out to that elizabeth warren wing of the party right now. and she doesn't want to come out for it because that would alienate those supporters she's trying to court. gwen: you got to hate when politics gets in the way of policy. it really does. all right. well there's nothing like a deadly and shocking accident to focus the mind on an issue that was otherwise gathering dust on capitol hill. what is the state of amtrak? can the publicly supported rail system be counted on to safely ferry the millions of travelers who get onboard each year? after a ho
of course the president, her husband, has signed nafta in law and been a pro-trade democrat. gwen: when she was a secretary of state she thought this was a good idea. >> and has said we need to see what the agreement is before she can support it. and she's not weighed in on the issue before congress right now. which is that fast track authority, did she actually support the trade promotion authority? she has not said that explicitly. clearly this is an effort to cover herself on the left....
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May 12, 2015
05/15
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and so i thought nafta was a good attempt, but we have to do things differently now. the clinton campaign can send me a check for that advice if it wants to. but i don't think it's too hard for her to sort of separate and do what she has to do to prevent there from being a bloody internal war within the democratic primaries over this. >> and incidentally jeremy that's what jeb bush is having to do with his own brother's presidency, and when they talk about something like the iraq war. i guess i wonder -- we talk about hillary clinton running unopposed, but is she really? i mean is not the primary process this? is it not elizabeth warren and congressional democrats saying these are the issues we care about, now where do you stand? >> well it is. and i would say that a secondary concern to all of that in addition to the infighting and the appearance that that has of division within the party, there's also the question of money. and the reason that a candidate like bernie sanders always gave clinton advisers a little bit of pause was that he's able to go out there and ra
and so i thought nafta was a good attempt, but we have to do things differently now. the clinton campaign can send me a check for that advice if it wants to. but i don't think it's too hard for her to sort of separate and do what she has to do to prevent there from being a bloody internal war within the democratic primaries over this. >> and incidentally jeremy that's what jeb bush is having to do with his own brother's presidency, and when they talk about something like the iraq war. i...
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May 6, 2015
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nafta cost the state 34,000 jobs alone. people in ohio what are they doing? well, they're living in story firsthand. they know the tpp would mean more jobs from ohio to overseas locations. now, recent polling shows that 61% of people in the state of ohio have an unfavorable opinion of the trade deal. only 33% favor the deal. it makes you feel they're really following it. this puts republican senator rob portman in a pretty tough spot as well. the senator is up for re-election in 2016. polling shows that if portman voted for fast track and tpp, 67% of voters in the state of ohio would be less likely to vote for him. only 23% would be more likely to vote for him. hillary clinton needs to take a position on this trade deal definitive, exclusive, where is she? and this is not foreign territory for the candidate. the former senator from new york when she was the senator from new york she voted to deny fast track authority to president bush. 2016 is a whole new ball game considering the trade deficits we have right now. the people of ohio deserve to know where the
nafta cost the state 34,000 jobs alone. people in ohio what are they doing? well, they're living in story firsthand. they know the tpp would mean more jobs from ohio to overseas locations. now, recent polling shows that 61% of people in the state of ohio have an unfavorable opinion of the trade deal. only 33% favor the deal. it makes you feel they're really following it. this puts republican senator rob portman in a pretty tough spot as well. the senator is up for re-election in 2016. polling...
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May 9, 2015
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i was just getting out of law school when nafta got passed. [applause] number three, you've got some critics saying that any deal would be rushed through. it is a secret deal. people don't know what is in it. this is not true. any agreement that we finalized with the other 11 countries will have to be posted online at least 60 days before i even sign it. then it would go to congress. and you know they are not going to do anything fast. [laughter] there will be months of review. every t crossed, every i dotted. everyone will see what is in it. there is nothing abstract about this. this is a very deliberate plan. which will be subject to scrutiny and i'm confident when people read the agreement for themselves, they will say this is the most progressive trade deal in history. number four, critics warn this would undermine regulation. even financial regulation. they are making this stuff up. this is just not true. no trade agreement will force us to change our laws. this agreement would make sure our companies are not discriminated against in othe
i was just getting out of law school when nafta got passed. [applause] number three, you've got some critics saying that any deal would be rushed through. it is a secret deal. people don't know what is in it. this is not true. any agreement that we finalized with the other 11 countries will have to be posted online at least 60 days before i even sign it. then it would go to congress. and you know they are not going to do anything fast. [laughter] there will be months of review. every t crossed,...
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May 19, 2015
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talking about nafta. how does opposition to the new transpacific trade partnership compared to the opposition that squared up behind nafta? peter: it looks very similar. much of it is being led by organized labor. they are using many of the same arguments to try and undermine this deal. it looks very similar. that one barely passed the congress. this one, likely to squeak by as well. there are tough arguments being made both ways. the fact that this president is taking on a elizabeth warren and vice versa, makes for an unusual situation on capitol hill, one that could have lasting damage. olivia: thank you so much. looking forward to your interview. peter cook, our chief correspondent -- our chief washington correspondent. not miss his interview with elizabeth warren at 2:30 p.m. eastern. you can watch it on bloomberg.com. lots more to come, including el.k kies he is here to tell us why he is still reeling oldish -- still feeling bullish. ♪ >> welcome to the bloomberg market day. housing rebound. buildi
talking about nafta. how does opposition to the new transpacific trade partnership compared to the opposition that squared up behind nafta? peter: it looks very similar. much of it is being led by organized labor. they are using many of the same arguments to try and undermine this deal. it looks very similar. that one barely passed the congress. this one, likely to squeak by as well. there are tough arguments being made both ways. the fact that this president is taking on a elizabeth warren and...
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May 21, 2015
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world trade organization ruled on monday the requirement violates nafta. this has caused an uproar who demonstrate how free trade can affect u.s. law. house republicans work quickly to repeal the law. it could be from brazile or argentina or southeast asia and have no idea where it came from. as montana senator john tester point pointed out, will see that usda seal to see it's american meat and it's not. this comes at a bad time for president obama as he pushes the tpp. senator elizabeth warren has been citing examples after examples, such as origin of labeling suit in her fight against the tpp. she released a report this week showing united states has a terrible track record on enforcing labor laws. let's go to baltimore where marilyn mosby gives us an update on the freddie gray new video on death. >> circumstances surrounding the tragic incident with the death of freddie gray. may 1st our investigation revealed we had sufficient probable cause to bring charges against six police officers. as our investigation continued, additional information has been di
world trade organization ruled on monday the requirement violates nafta. this has caused an uproar who demonstrate how free trade can affect u.s. law. house republicans work quickly to repeal the law. it could be from brazile or argentina or southeast asia and have no idea where it came from. as montana senator john tester point pointed out, will see that usda seal to see it's american meat and it's not. this comes at a bad time for president obama as he pushes the tpp. senator elizabeth warren...
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May 16, 2015
05/15
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you point to town after town where factories close after nafta as a consequence of nafta and overpromised and underdelivered and that's why there is suspension and skepticism. they have to get over 200 house republicans and given suspicion of president, immigration and executive power, environment, you know, it's going to be a tough haul for them given their animosity to them. >> i hate to let that one go. i know there is much more to say. quickly to both of you observe jeb bush. tough week, david, he had, when he answered a question about what he would do what his brother did in going into iraq and taking the united states into iraq knowing what we know today. he add first said, yes i would. and then he backed off and gave different answers. what's the impact of all this? >> well, personally a little fraternal loyalty on that. i know he was torn on that. he can be judged harshly. he did not handle this well over the week. the final, most surprising thing to me is the rest of the party seems switched as to whether the iraq war was a mistake. the other candidates came out and said obviousl
you point to town after town where factories close after nafta as a consequence of nafta and overpromised and underdelivered and that's why there is suspension and skepticism. they have to get over 200 house republicans and given suspicion of president, immigration and executive power, environment, you know, it's going to be a tough haul for them given their animosity to them. >> i hate to let that one go. i know there is much more to say. quickly to both of you observe jeb bush. tough...
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May 12, 2015
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so it's kind of this retreat to the old conversation about nafta. i think it's misplaced. i think the idea of expanding the pacific rim with pacific rim partners in the trade area is important for the country. this is about how you graduate businesses into this new marketplace. the president is articulated that. now, i will fault the administration on this point and that is they didn't bring along those elizabeth warrens in the senate. they didn't bring that voice into the conversation until much later so they were able to take i think a greater hold on the conversation. the president found himself more on the defensive than i thought he needed to be. he had support. >> i want to get back to governor rendell. from the time this issue got sharp a couple weeks ago, governor, i've been trying to make a case this is a legitimate debate among the democratic party and the progressive movement that there are both sides to the argument. that's been pushed on television over and over again, including on this network, is somehow if you're a progressive, you'v
so it's kind of this retreat to the old conversation about nafta. i think it's misplaced. i think the idea of expanding the pacific rim with pacific rim partners in the trade area is important for the country. this is about how you graduate businesses into this new marketplace. the president is articulated that. now, i will fault the administration on this point and that is they didn't bring along those elizabeth warrens in the senate. they didn't bring that voice into the conversation until...
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May 17, 2015
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you may go on. >> he was profe tick in the case of oop nafta. for trade deals going forward what are the trade offs for the loss of american jobs and increased jobs in people in poverty in other places this the world. can we talk about the trade off for the american standard of oh living versus toes around the world? that's the debate i want to have. again, what kind of protections can we put in place for american workers but especially for toes workers in vietnam and other countries. will we demand those countries enforce a robust regime of workers' rights? we have not done that. >> dorian wants to argue about u.s. jobs and the standard and quality of jobs over seas. zephyr wants a conversation about with a this means in terms of the process and elt of american democracy. we are thinking a little bit here around the questions both of our relationship with china and i have heard you say zephyr, a question of national security as well as these long-term relationships. of course also what it means not only for jobs when we think about manufacturin
you may go on. >> he was profe tick in the case of oop nafta. for trade deals going forward what are the trade offs for the loss of american jobs and increased jobs in people in poverty in other places this the world. can we talk about the trade off for the american standard of oh living versus toes around the world? that's the debate i want to have. again, what kind of protections can we put in place for american workers but especially for toes workers in vietnam and other countries....
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May 14, 2015
05/15
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that wasn't part of nafta. it's going to be part of our current policy today helping our companies helping our workers get there before it's too late. next the congress is going to lay down clear priorities for our trade enforcers priorities that are centered on jobs and economic growth, and there's going to be more accountability and follow-through baked into our enforcement system. in years past, the trade debate in the congress used to come down a simple transaction of trade promotion authority for trade adjustment assistance. what i said in developing this package of bills -- and what more than a dozen protrade democrats said on tuesday and wednesday of this week -- was that the united states senate needed to aim higher. the status quo wasn't good enough. and, in particular, it wasn't good enough in terms of enforcing the laws that are on the books. my guess is in, pennsylvania and everywhere else, particular will he those of us who are protrade and want to tap the global markets, how about enforcing the la
that wasn't part of nafta. it's going to be part of our current policy today helping our companies helping our workers get there before it's too late. next the congress is going to lay down clear priorities for our trade enforcers priorities that are centered on jobs and economic growth, and there's going to be more accountability and follow-through baked into our enforcement system. in years past, the trade debate in the congress used to come down a simple transaction of trade promotion...
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May 14, 2015
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it's better than nafta and it's better for asia. i would guess that almost every political advisor has said to stay away from this and if anything, oppose it, because it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. i don't think that will get rid of her non-position on trade. john: we appreciate it. we will be right back with one of the bolton's. mark: i wonder which one. ♪ john: before we say good night here is a little something to remember john bolton by. mark: i you a fan of the movie diner? john: i don't know the movie. and i don't know taylor swift songs either. mark: see you tomorrow. sayonara. ♪ alix: we are moments away from the close of the market day. i alix steel. [closing bell] another record day for the s&p, settling out at 2120 stop did not hit the intraday high of 2125, but we are now at a record high for the s&p. we also have a digit rally that held on
it's better than nafta and it's better for asia. i would guess that almost every political advisor has said to stay away from this and if anything, oppose it, because it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. i don't think that will get rid of her non-position on trade. john: we appreciate it. we will be right back with one of the bolton's. mark: i wonder which one. ♪ john: before we say good night here...
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May 20, 2015
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the agreement has the investment offshore incentives that might be part of nafta. that chapter leaked. the government accountability office totally flopped. we need that last year. >> mike froman would take serious issue with that. this is way beyond what was in those bush era agreements. >> except that it's impeeriracally not true. the administration authored -- >> neither read the deal. >> as the opening offer for the united states -- >> you haven't read it and i haven't read it. >> the united states trade representative has informed us me personally congress, that they have used may 10 2007 bush environmental and labor standards and they still haven't gotten the countries to agree to it. >> i believe that was the basis -- >> and that was the high line option for what will be there. >> all right, i want to talk about -- >> just in terms of the american worth, that's what we should stay focused on. one of the things that's great about this program is you stay focused on the worker. the argument to consider is if we can get, say, vietnam to be part of these interna
the agreement has the investment offshore incentives that might be part of nafta. that chapter leaked. the government accountability office totally flopped. we need that last year. >> mike froman would take serious issue with that. this is way beyond what was in those bush era agreements. >> except that it's impeeriracally not true. the administration authored -- >> neither read the deal. >> as the opening offer for the united states -- >> you haven't read it and i...
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almost every single policy advisor she had said tpp is a good deal, better than nafta. you have to be involved in this. i would guess almost every advisor she has says stay away from this. if anything, it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. somehow, i do not think that will get rid of her non-position on trade. mark: thanks as always. we will be right back. ♪ >> here's a little something to remember john bolton i. >> are you a fan of the movie diner? >> i d [baseball crowd noise] ♪ ♪ [x1 chime] ♪ ♪ [crowd cheers] oh! i can't believe it! [cheering] hi, grandma! ♪ emily: is the writing on the wall for the nsa dragnet? we will look at that fate of the usa freedom that. -- freedom act. i'm emily chang. this is "bloomberg west." coming up is walmart ready to , compete with amazon? what the company would need to did you win over prime users. plus, a top google executives. what does rachel whetstone bring? kim kardashian visits our studio. the video game and reality star is
almost every single policy advisor she had said tpp is a good deal, better than nafta. you have to be involved in this. i would guess almost every advisor she has says stay away from this. if anything, it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. somehow, i do not think that will get rid of her non-position on trade. mark: thanks as always. we will be right back. ♪ >> here's a little something to...
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nafta, on trade, on the iraq war, on cuba. she has moved from a position basically in disagreement with you to a position that comes closer to your view. my guess is, do you take her at her word and do you think rhetorically that's enough? >> i have known hillary clinton for 25 years. i have enormous respect for her and i like her. what i hope is that the media will allow us to have a serious debate in this campaign on the enormous issues facing the american people, which is why for the last 40 years our middle class has been disappearing. why 99% of all new income generated today is going to the top 1% and why we have this grotesque level of income inequality. people say you've been saying the same thing 30 years. it's kind of true. maybe it's bad. i think we need a political revolution in this country. i think we need to take on the greed of the billionaire class, on disastrous campaign finances. >> do you trust these changes hillary clinton has made or do you think she is doing it for primary politics? >> i think that's for
nafta, on trade, on the iraq war, on cuba. she has moved from a position basically in disagreement with you to a position that comes closer to your view. my guess is, do you take her at her word and do you think rhetorically that's enough? >> i have known hillary clinton for 25 years. i have enormous respect for her and i like her. what i hope is that the media will allow us to have a serious debate in this campaign on the enormous issues facing the american people, which is why for the...
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you know when president obama ran in 2008 he was critical of nafta and said he would renegotiate it. >> right. >> and so my hunch is he'd be in a similar place to these other democrats under other circumstances. >> but he's made a point that this is not nafta and that they will have several months to review it. many of them are critical of the plan that has not really been seen publicly and they will have time to have review and have input and that every other president has gotten fast-tracked. >> you know, it's interesting, at the end of his term president clinton was having trouble with democrats getting trade deals through, and, again, i think the pressure on the president to make sure that there are real environmental and labor protections here is a good thing. i think what's unfortunate is that if you had a more responsive congress you could accompany a trade deal with some real help for american workers, you know including infrastructure building and other protections that might soften the potential blow for the folks who are very skeptical of the deal but under these circumsta
you know when president obama ran in 2008 he was critical of nafta and said he would renegotiate it. >> right. >> and so my hunch is he'd be in a similar place to these other democrats under other circumstances. >> but he's made a point that this is not nafta and that they will have several months to review it. many of them are critical of the plan that has not really been seen publicly and they will have time to have review and have input and that every other president has...
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it is hypocrisy to say clinton signed nafta and ruined the country. look who was a really voting for it in congress. you have your answer. host: johnny in arkansas. you say yes, it is a conflict of interest. why? caller: i think you got the wrong state but it is a conflict of interest. we do not need, he's a washington insider. that is one of the reasons our country is so messed up. right now. it's a shame that they can do this to our country. we do not need any more politicians in washington. my goodness, we need a businessperson to get this country out of debt. we need to pull ourselves up by the bootstraps. host: carol tweets, "there's a difference between being and anger and a political commentator." helen in south dakota. hi. caller: hi, good morning. i don't think he has done anything wrong. he worked for the clintons. this is all about hillary, this was an anti-hillary campaign against her. the gop does not want her to be president and they will do and say everything they can. george has established himself as a credible anger and newsperson. h
it is hypocrisy to say clinton signed nafta and ruined the country. look who was a really voting for it in congress. you have your answer. host: johnny in arkansas. you say yes, it is a conflict of interest. why? caller: i think you got the wrong state but it is a conflict of interest. we do not need, he's a washington insider. that is one of the reasons our country is so messed up. right now. it's a shame that they can do this to our country. we do not need any more politicians in washington....
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what labor is concerned about, our labor standards, nafta, they were not inside the trade agreement and they were side agreements, and we have 150 guidelines required to be in any trade agreement to bring other countries up to american standards and if they don't meet the standards we have ways of getting our disputes resolved so we can hold them to account. the key thing is are these countries that we want to trade with going to open our markets to other products like we are open to theirs. question two, will they come to work america standards instead of china-like rules, that degrade the standards of trade. and there will be 1.2 people in the asian class, and that's tough teeth in the agreements. >> do you find it ironic you have critics, democrats claiming that president obama is overreaching or this will give him authority to overreach. that's a criticism you have made of him, and yet here you are -- >> i know. >> reporter: a very prominent republican and you are paddling in the same boat with president obama, and you must kau misrate with the criticism of overreach. >> what i woul
what labor is concerned about, our labor standards, nafta, they were not inside the trade agreement and they were side agreements, and we have 150 guidelines required to be in any trade agreement to bring other countries up to american standards and if they don't meet the standards we have ways of getting our disputes resolved so we can hold them to account. the key thing is are these countries that we want to trade with going to open our markets to other products like we are open to theirs....
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almost every single policy advisor she had said tpp is a good deal, better than nafta. you have to be involved in this. i would guess almost every advisor she has says stay away from this. if anything, oppose it because it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. somehow, i do not think that will get rid of her non-position on trade. mark: thanks as always. we will be right back with one of the bolton's. ♪ >> just because i'm away from my desk doesn't mean i'm not working. comcast business understands that. their wifi isn't just fast near the router. it's fast in the break room. fast in the conference room. fast in tom's office. fast in other tom's office. fast in the foyer [pronounced foy-yer] or is it foyer [pronounced foy-yay]? fast in the hallway. i feel like i've been here before. switch now and get the fastest wifi everywhere. comcast business. built for business. emily: is the writing on the wall for the nsa dragnet? we will look at the fate of the nsa freedom act. i'm emily
almost every single policy advisor she had said tpp is a good deal, better than nafta. you have to be involved in this. i would guess almost every advisor she has says stay away from this. if anything, oppose it because it will help bernie sanders run against you. she came out with a position today. she is for putting harriet tubman on the $20 bill. somehow, i do not think that will get rid of her non-position on trade. mark: thanks as always. we will be right back with one of the bolton's. ♪...
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al: but you know what the cynics say, that is what we heard enough to -- in nafta. penny: i think you cannot compare the two. the growth going on in the asia-pacific is something we have got to have access to. and today, we don't. for example, if you want to sell pork in asia, you can take a tariff of up to 100%. chemicals, tariff of 30%. if a foreign company wants to sell and the united often you face a tariff of 1.4%. we are at a real competitive disadvantage, not just with parents but labor standards -- tariffs but labor standards and environmental standards. if we don't contest -- participate in those, our workers will get left behind. al: are you saying this is different? penny: this is different. i will compare it to the past but i want to talk about what is going on today. al: let's talk about physicians people have talked about a lot. one has caused a lot of furor the investors state dispute settlement. elizabeth warren and critics say what this would do is allow multinationals to go to a special court and possibly overturn domestic law. penny: first of all
al: but you know what the cynics say, that is what we heard enough to -- in nafta. penny: i think you cannot compare the two. the growth going on in the asia-pacific is something we have got to have access to. and today, we don't. for example, if you want to sell pork in asia, you can take a tariff of up to 100%. chemicals, tariff of 30%. if a foreign company wants to sell and the united often you face a tariff of 1.4%. we are at a real competitive disadvantage, not just with parents but labor...
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guest: i wish we would renegotiate nafta for the better. i think the administration would say tpp is a renegotiation, but i view it for the worse. host: california, joseph for representative gerald nafta -- jerrold nadler. caller: good morning. it is about crime in america. i have been here 66 years from france after world war ii. it is a problem the government has created and self-inflicted. imports have eliminated all the jobs. we have 100 million people who cannot find work. i heard that on c-span, someone said that. about the guns, we need to get rid of all of them. i have never even held a gun except the old cowboy movies. you need to get -- stop importing. restructure the whole economy and manufacturing base. a job for everybody. get rid of everybody's gone, including the cops. we do not need them with guns. host: guest response, go ahead. guest: you can't nor should you stop all importing. imports are important to the country. exports as well. the problem with the trade agreements we have had is that contrary to the promises made whe
guest: i wish we would renegotiate nafta for the better. i think the administration would say tpp is a renegotiation, but i view it for the worse. host: california, joseph for representative gerald nafta -- jerrold nadler. caller: good morning. it is about crime in america. i have been here 66 years from france after world war ii. it is a problem the government has created and self-inflicted. imports have eliminated all the jobs. we have 100 million people who cannot find work. i heard that on...
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. >> reporter: on trade he's known for nafta. she's skeptical. >> any trade deal has to produce jobs and raise wages and increase prosper thety. >> reporter: as she moves, she hopes to block support for senator elizabeth warren. a constant krit. bernie sanders has his own fan base. >> how much does it cost to go to college in scandinavia. a guy said well in sand knave ya, they pay you to go to college. >> that was andrea mitchel reporting. after bernie sanders announced his run, clinton tweeted out agree with bernie. the focus membership on helping the middle class. i welcome him to the race. to which sanders replied, thanks. looking forward to debating the big issues. income inequality climate change and getting big money out of politics. >> interesting. let's the turn to business in a tough day for the markets on the last day of april. the dow dropped 195 points. nasdaq fell 1.6% on thursday. geoff cutmore joins us from london. help explain the loss. what are investors looking for into may. maybe a bit of a slow down with the s
. >> reporter: on trade he's known for nafta. she's skeptical. >> any trade deal has to produce jobs and raise wages and increase prosper thety. >> reporter: as she moves, she hopes to block support for senator elizabeth warren. a constant krit. bernie sanders has his own fan base. >> how much does it cost to go to college in scandinavia. a guy said well in sand knave ya, they pay you to go to college. >> that was andrea mitchel reporting. after bernie sanders...
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. >> john, bernie sanders and i were in -- fought shoulder to shoulder against and a nafta and hoffman and everyone. but i will say bernie, i mean, he's standing up and he's right about the transnational corporations. they take all these jobs abroad and bring their products back free of charge. and everybody at the top makes an awful lot of money. the way to change that is put a tariff on the products coming back into the country, cut the taxes on signal businesses that produce in -- small businesses that produce in the country and some of these fat cats will come running home. >> bernie sanders talks about the language of make making the rich pay their fair share. the way to address income and inequality is to address social mobility. he has this idea of a socialist utopia. the problem is it doesn't work. >> the real problem is, the simple upward mobility that we had when i was a kid, we ain't got anymore. college is too expensive. all these barriers. and this gap keeps getting wider. and there are ways -- well, money is going to solve it, so he's got to raise money, one way or the ot
. >> john, bernie sanders and i were in -- fought shoulder to shoulder against and a nafta and hoffman and everyone. but i will say bernie, i mean, he's standing up and he's right about the transnational corporations. they take all these jobs abroad and bring their products back free of charge. and everybody at the top makes an awful lot of money. the way to change that is put a tariff on the products coming back into the country, cut the taxes on signal businesses that produce in --...
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. >> this probably goes back to nafta, when bill clinton promoted nafta. we're going to take labor rights, environmental rights and other issues into account when we do this deal. and i think by and large, a lot of the unions and a lot of the, you know, economic critics on the left to that deal, even some on the right, remember pat buchanan and ross perot were against it feel like at the end of the day, those things are secondary. people like bill de blasio and elizabeth warren see they don't see how this helped american workers here. and elizabeth warren adds another ingredient into the mix when she's been talking of how wall street types and republicans want to use these fair trade agreements -- or free trade agreements, i should say, to undermall wall street and other regulations. so she has a lot of skin in this game from very different directions. >> and, jeremy, what is elizabeth warren up to here? why did she need bill de blasio to cowrite an op-ed piece. >> well, that seemed fairley smart to me. that way she tamps down on a little bit of the specul
. >> this probably goes back to nafta, when bill clinton promoted nafta. we're going to take labor rights, environmental rights and other issues into account when we do this deal. and i think by and large, a lot of the unions and a lot of the, you know, economic critics on the left to that deal, even some on the right, remember pat buchanan and ross perot were against it feel like at the end of the day, those things are secondary. people like bill de blasio and elizabeth warren see they...
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they look at other trade agreements like nafta and they say there aren't any sanctions or fines that are put in place when you're talking about labor violations by other countries that are parts of these trade agreements. what do you say to that -- >> these are old trade agreements from last century. this is different in that this requires other countries to come up to our standards. what labor is concerned about, our labor standards, in nafta they were not inside the trade agreement and they were side agreements. they are inside the trade agreement in this particular case. we have 150 guidelines that are required to be in any trade agreement to basically bring other countries up to american standards. and if they don't meet those standards we have ways of getting our disputes resolved so that we can hold them to account. the key thing is are these countries that we want to trade with going to open our markets to our products just like we're already open to theirs? question two, will they come to work in america's standards instead of china-like rules, that degrade the standards of t
they look at other trade agreements like nafta and they say there aren't any sanctions or fines that are put in place when you're talking about labor violations by other countries that are parts of these trade agreements. what do you say to that -- >> these are old trade agreements from last century. this is different in that this requires other countries to come up to our standards. what labor is concerned about, our labor standards, in nafta they were not inside the trade agreement and...
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it is the creation and we see it in trade deals which is nafta on steroids weakening the power of the government to corporate exploitation and all of that means the only mechanism left by which we can save ourselves and save our children is to begin to carry out acts of mass civil disobedience. that requires taking to the streets. i cover the revolutions in eastern europe germany czechoslovakia, romania and i watched day after day hundreds of thousands 500,000 people half a million and then solicit where improv and every night and czechoslovakia in the magic lantern theater all the people who would inherit the government. hobbled to me was a kind of model. what it means to be a dissident, what it means to rebel. he had of course begun with charter 77 in 1978 writing this great essay the power of the powerless calling upon us to live in truth and by living in truth exposing the system for what it was. and that of course is the great terror of the system that it is exposed for the predatory creature that it has become. kabul was not a particularly charismatic figure or even a very good
it is the creation and we see it in trade deals which is nafta on steroids weakening the power of the government to corporate exploitation and all of that means the only mechanism left by which we can save ourselves and save our children is to begin to carry out acts of mass civil disobedience. that requires taking to the streets. i cover the revolutions in eastern europe germany czechoslovakia, romania and i watched day after day hundreds of thousands 500,000 people half a million and then...
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and then when you have the legacy of your family, bill clinton and nafta and george bush in iraq. if you sit all the way through a primary with not comparable competition, if you get into the general if you are not running against the guy with the other family legacy, you got problems. >>> next, a sneak peek reporters share from their notebooks and get you out ahead of the current political news, including what a current first lady is doing for the former first later who is running for president. rk from the bay area to the big apple. and more data capacity per customer. need one more reason? get two lines of unlimited 4g lte data for a hundred bucks save without settling on america's fastest 4g lte network just stay calm and move asno sudden movements.. google search: bodega beach house. it begins from the the second we're born.er. after all, healthier doesn't happen all by itself. it needs to be earned... every day... using wellness to keep away illness... and believing that a single life can be made better by millions of others. healthier takes somebody who can power modern hea
and then when you have the legacy of your family, bill clinton and nafta and george bush in iraq. if you sit all the way through a primary with not comparable competition, if you get into the general if you are not running against the guy with the other family legacy, you got problems. >>> next, a sneak peek reporters share from their notebooks and get you out ahead of the current political news, including what a current first lady is doing for the former first later who is running for...
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i'm protecting the american worker. >> congressman dent i'm curious, nafta has come up so much in the last 22 years or so but when you look back at nafta and the other trade deals over the last generation or so do you see them as a net plus or net negative with the economy for this country? >> first, the united states has 20 trade agreements. we run a net trade surplus for those 20 countries. trade has increased to 1 poen $2$1.2 trillion. when we talk about nafta, let's be clear and honest there has been an enormous amount of investment as a result of that in the united states and a lot of what comes into mexico 40%, is american content. i think we have to be very clear about this. and we have -- when the united states has bilateral trade agreements, we tend to run surpluses. it's where we don't have agreements that there are trade deficits. that is not a small point. these trade greemagreements are trying to knock down foreign products and goods into these countries. that is absolutely essential. >> all right. congressman charlie dent and congress dingell, thank you for joining me. >
i'm protecting the american worker. >> congressman dent i'm curious, nafta has come up so much in the last 22 years or so but when you look back at nafta and the other trade deals over the last generation or so do you see them as a net plus or net negative with the economy for this country? >> first, the united states has 20 trade agreements. we run a net trade surplus for those 20 countries. trade has increased to 1 poen $2$1.2 trillion. when we talk about nafta, let's be clear and...
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he's had to back away from a number of his policies including you mentioned trade, nafta, gay marriage and certainly we've seen, you know the democratic party evolve on a variety of issues. but that's what got her in trouble in some respects. on the other hand neil they can point to the 1990s being very productive. there was the republican congress at this time. welfare law was signed into action. >> she might, you know be well served by her husband reminding and trying to bring her back to a more moderate position rather than this left-wing fringe that could cost her the election. we'll see. >> yes. it could be tough. it will be a challenge. >> thank you. >>> whether they see too much do we now have to worry they're not see anything at all. and do you remember when president obama said you didn't see all that? is he ready to double down on that me options. kept me on track. and through it all my retirement never got left behind. so today, i'm prepared for anything we may want tomorrow to be. every someday needs a plan. let's talk about your old 401(k) today. i have type 2 diabetes. i
he's had to back away from a number of his policies including you mentioned trade, nafta, gay marriage and certainly we've seen, you know the democratic party evolve on a variety of issues. but that's what got her in trouble in some respects. on the other hand neil they can point to the 1990s being very productive. there was the republican congress at this time. welfare law was signed into action. >> she might, you know be well served by her husband reminding and trying to bring her back...
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nafta is a four-letter word. >> any time commerce is allowed to flow back and forth, i'm in favor of that. what are the underpinnings of that. >> i feel like i'm a smart guy. >> have you had a chance to glance at it. been negotiated in secret and that's one of the problems people have with it. >> everything is negotiated in secret, whether it's legislation or -- >> fair point. >> -- whether it's a trade deal like this. this is not a new alignment. a democratic president bill clinton in the 1990s pushed nafta, he got it with republican help and china's entry into the wto. the democratic base is liberals labor unions environmentalists. they have peace with this bill. democratic presidents bill clinton and barack obama have both decided they think it's in the interest of the united states economy and national security for that matter to advance these trade deals. that's why they move ahead despite opposition within their base and despite the fact that their allies are republicans who they normally fight against. >> isn't flex coemexico canada and australia also part of this? >> yes, 12
nafta is a four-letter word. >> any time commerce is allowed to flow back and forth, i'm in favor of that. what are the underpinnings of that. >> i feel like i'm a smart guy. >> have you had a chance to glance at it. been negotiated in secret and that's one of the problems people have with it. >> everything is negotiated in secret, whether it's legislation or -- >> fair point. >> -- whether it's a trade deal like this. this is not a new alignment. a...
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and she cause both administrations to pull back that date back to nafta in 1993 appears the point man in said it is republican majority leader mitch mcconnell he praised the president and vowing to pass the trade legislation. >> we will pass it later this week the president has done an excellent job on this. by the osama members are squeamish but to give the of presidents the power with his expansive view of so many other issues it is not just for president obama but the next president as well to have trade authority. lou: we have jeff sessions including budget armed services and judiciary committee. you are breaking with president and to be historic in seeking accountability of these deals because those questions are never asked nor answered rigo empirically 40 consecutive years of trade deficit those a just happen to conveniently begin with the onset of trade promotion and authority. fast-track authority this is to the american people who are aware it is the clear and present danger established to the previous trade deals talking about pressure on middle-class were those that aspire
and she cause both administrations to pull back that date back to nafta in 1993 appears the point man in said it is republican majority leader mitch mcconnell he praised the president and vowing to pass the trade legislation. >> we will pass it later this week the president has done an excellent job on this. by the osama members are squeamish but to give the of presidents the power with his expansive view of so many other issues it is not just for president obama but the next president as...
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the trade deal is nafta on steroids. jobs will go overseas. corporate interest will definitely be put first. >> president barack obama and i have had an excellent meeting on the transpacific partnership agreement. we are negotiate inging. >> they are pushing for a trade relationship with the united states. the obama administration called the sultan a friend. human working with you. >> human rights activists put the sultan of brunei on the radar when he established the abusive sharia law in his country. >> implementing laws that will ultimately lead to the stoning to death of gay men and lesbians. >> american jobs and human rights will take a back seat to corporate profits. >> the tpp is a dangerous pact in its own right. like nafta it will offshore millions of good-paying american jobs. >> on all fronts more people in congress are realizing that the transpacific partnership and trade promotion authority should be killed. >> who will benefit from the tpp? >> this gives me a good opportunity for a new and long-standing and warm friendship betwee
the trade deal is nafta on steroids. jobs will go overseas. corporate interest will definitely be put first. >> president barack obama and i have had an excellent meeting on the transpacific partnership agreement. we are negotiate inging. >> they are pushing for a trade relationship with the united states. the obama administration called the sultan a friend. human working with you. >> human rights activists put the sultan of brunei on the radar when he established the abusive...
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. >> reporter: on trade he's known for nafta. she's skeptical. >> what about the trade deal and whether that will hurt? >> any trade deal has to produce jobs and raise wages and increase prosperity. >> reporter: he signed the defense of marriage act. now both clintons endorse gay marriage. as she moves left, clinton hopes to blunt support for senator elizabeth warren, not a candidate, but a constant critic. as for bernie sanders, he's got his own fan base. >> i mentioned in many european countries how much does it cost to go to college in scandinavia, and the guy said, in scandinavia, they pay you to go to college. [ laughter and applause ] >> reporter: the clinton campaign says that she's breaking away from some of her husband's policies because times change. and speaking of change, nbc news confirms that the obama presidential library will go to chicago, not new york or hawaii, expected to be connected to the university of chicago. the big loser in this competition, columbia university in new york. real estate in manhattan just
. >> reporter: on trade he's known for nafta. she's skeptical. >> what about the trade deal and whether that will hurt? >> any trade deal has to produce jobs and raise wages and increase prosperity. >> reporter: he signed the defense of marriage act. now both clintons endorse gay marriage. as she moves left, clinton hopes to blunt support for senator elizabeth warren, not a candidate, but a constant critic. as for bernie sanders, he's got his own fan base. >> i...