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Making money. Charles President Trump kicking off the week by signing the longawaited Victims Compensation fund bill. This came ahead after roller coaster week nominating a new intelligence director and taking shots at congressman Elijah Cummings over the conditions in baltimore. All this before his trade team heads to shanghai for more talks with china. Blake burman at the white house with more. Blake . Reporter a lot there. Just 2 00 on monday afternoon as we begin our week over here at the white house. For the third consecutive day in a row that the president continues to take to twitter to attack the head of the House Oversight committee, the democratic congressman from baltimore, Elijah Cummings. The president , for example, saying on twitter earlier today, of baltimore and cummings at one point, 25 years of all talk, no action. So tired of listening to the same old bull. But the president hasnt stopped there. He is also taking issue today with the reverend al sharpton who is also in baltimore. The president writing of sharpton this morning, al is a con man a troublemaker. Always looking for a score. Just doing his thing. He goes on to say of sharpton, hates whites and cops. This was how sharpton responded earlier today. I marched on him with central park five. I dealt with him on the birther issue. He can say what he wants. Call me a troublemaker. Yes i make trouble for bigots. Reporter back at the white house earlier today the president signed the 9 11 victims bill into law. It continues to help responders who rushed into ground zero. It was set to run dry next year. It hit the president s desk after a major push on capitol hill. Since september 11th we lost more than 2000 firstresponders to nine 11 related cancers and illnesses. We pledge to stand by the families of those affected today and every day. We will stand with you. Reporter meantime the trade talks with china will resume once again tomorrow. The treasury secretary Steve Mnuchin and u. S. Trade representative Robert Lighthizer will be in shanghai for two days of talks though, charles, it is safe to say going into this one that the expectations are somewhat low. By the way you mentioned that the 2 00 meeting president talked about, tweeted out, rather, as it relates to innercity pastors. We do not have any information on that at this moment who might be in it. But clearly here the backdrop is the tweets from the president as it relates to congressman cummings and the city of baltimore and the back and forth there. Charles im direct messaging a whole lot of pastors. Maybe i can bring news. Reporter if you get me scoop let me know. Charles i will let you know. Amid the back and forth President Trump is meeting with innercity pastors as we speak. With some great things happening in america should President Trump skip the skirmish with Elijah Cummings . Joining me now is former congressman darrell issa. We know president is counterpuncher, cummings and nadler took aim at President Trump. Most say they missed with the mueller situation. They wont let it to. It has gotten to the president. A lot of people think the president is thinskinned because he counterpuncher. The fact in his books decades ago, he made it clear the reason you counterpunch to represerve your reputation. The president is proud of the fact maybe he lost his temper. Make he talked to the council how to stop unfair treatment. At the end of the day he didnt commit any crimes. He is not in danger of real impeachment yet theyre continue to talk about it, because it is politically popular with the leftwing for their primaries. Charles it is not at popular with nancy pelosi. She doesnt want to do this. Most season the Congress Folks in the Democratic Party dont want to do it. The American Public is done with it. So you can understand where the media and just a handful of democrats continue to push this, beat those drumbeats maybe where the frustration sets in. The key now the narrative has changed. No one is talking impeachment. Everyone is talking baltimore, whether or not it boils down to being racist or you know what . I would like to see, maybe some accountability come out of all of this . Well, i would like to see accountability for many of the urban congressmen who make sure money comes to their districts then dont see it is wellspent. In the case of Elijah Cummings, his number one priority, i served with him for many years to get employability for innercity blacks, many who have criminal convictions. He tries to get them a Second Chance. He is perfectly aligned with the president s agenda. President is doing criminal justice reform, yet he is willing to do more, he is so wrapped up in the bad talk of the president. These counter puns continue, can we Work Together on my number one issue for employment for innercity africanamericans . Charles opportunity zones were put into the first tax cut, first tax bill. Baltimore is a huge opportunity zone. Charles already we see it signs of it working. President trump will never get credit. No, i dont know any network really tacked about those 3100 men who left those prisons, the vast majority of them black men who thought they would be in prison, another 10, 20, 30 years. Yet theyre home planning for their future with their families. Absolutely f we can work on the Second Chance opportunity that many members of the black caucus on the democratic side have championed, we can in fact offer opportunities for real jobs people who put their put their criminal activity behind them and want a Second Chance. Having said that, this president has made it clear, he will not negotiate most of the legislation they want, as long as they will try to impeach him or claim to impeach him. You mentioned nancy pelosi. Nancy pelosi can count to 218. Aoc are trying to take out one member here, one member there. The reality, nancy pelosi knows if she loses 17 seats of moderate democrats, exactly people aoc wants to take out, she loses her speakership. Charles that is not looking like it will happen. I think it is beginning to materialize. There are 31 seats held by democrats where trump won. Reality is, trumps popularity is rising. That means he is very possibly going to have coattails. Charles lose them to trump, not to the aoc wing . Well, aoc will pick off a couple, pick off a couple in the primary. One of the odd things, if she picks them off in the primary, theyre safe seat, fine f she peeks off a swing, guess what . The progressive in that swing district will find themselves unemployed before they ever get through the general. Charles darrell issa, always great. Thank you. Coming up later in the show i go more in depth on the city of baltimore, what i think should be happening there. Meanwhile treasury secretary Steve Mnuchin and u. S. Trade representative Robert Lighthizer, theyre heading for shanghai for the first facetoface trade talks since President Trump and chinese president xi declared a ceasefire. Both sides are tempering expectations for this twoday meeting. Trump making it clear he thinks china is trying to wait out his presidency. I dont think personally china would sign a deal if i had a 2 chance of losing the election, i think china would probably say lets wait, lets wait. Maybe trump will lose. We can deal with another dope or another stiff. Charles here to weigh in, Hudson Institute senior fellow, author of the 100year marathon, michael pillsbury. Even if there is a 2 chance a dem gets in, that is enough hope for china. What do you think, michael . Chinese have a lot of trouble understanding american politics over the years, charles. They tend to exaggerate how much Political Tension is going on instead of seeing the basic functionings of the government, i remember during watergate, 73, 74, chinese reached conclusion president nixon was crippled couldnt do anything. They saw kissinger taking a lot of actions. Were seeing same thing now. The Party Leadership will watch the pare debates, charles, to see if anybody says anything tough about china. China is the one who is the most shall we say prochina. He contact get his head around the idea that china is surpassing us and President Trump is trying to stop it. He seems to talk about a china poor and backward when he first visited back in 1982. We have a very different china now that is tough, closing in on oust. Charles right. So that may be confusing them. Their hope that the Mueller Reports and all the friction aimed at President Trump will somehow weaken him. I dont think theyre right. Theyre likely to find out in the next couple days in shanghai that Robert Lighthizer, mnuchin are equally tough as they were back in april and may. Hopefully the chinese will get back to where things were in early may, without us ratcheting up the pressure even more than we already have. Charles lighthizer has a tremendous track record of being tough, coming out of these deals successfully. Yes. Charles if they had done their due diligence, they should know this guy knows what he is doing, he knows how to paper them, he will not fold, if not tougher than President Trump when it comes to this. Having said that, expectations are low. What should we anticipate out of this . What could be a sign at least progress is being made . Could it be a huge agriculture deal . Could there be some sort of a sign we have progress, lets look forward to the next round of meetings . Good question, charles. The most important sign would be continued secrecy about the talks. If the american side crows or triumphant, says the chinese caved here in shanghai today and tells the media that, that will really set back progress. If american side continues secrecy of the deliberations, and lets the chinese save face, make serious concessions get back to where we were may 1st. The big issue right now is enforcement. The chinese dont like to talk about that. It embarrassing them that they have to submit to enforcement mechanism, they claim america is a declining power. If they were on the way down, that it cant be reversed. Why should they submit to Enforcement Mechanisms for a weak power. What they have to come around too, maybe were not declining all that fast. Certainly not under President Trump. Charles not only that, the Economic Data, even this morning Economic Data out of china was another major disappointment and a negative number. On that score, im glad you brought this up. I said with the Trump Administration, too many people are talking to the public about the china trade deal. Honestly i love wilbur ross, i dont want to hear from him when it comes to china trade. I love larry kudlow, i dont want to hear him talk about china trade. If it is not coming from the mnuchin or lighthizer let them continue to negotiate. Everyone would understand that there is progress being made . I think the president s tweets an comment to the press are extremely helpful. He knows how to explain progress. In some sense he often provides incentives to his friend president xi to do the right thing. The president has been very, very clever. Chinese tell me this themselves. President trump is very clever not to blame the intellectual property theft, the tech transfer problems, the deficit, he never blames it on his friend president xi. So he leaves the way for president xi to have enormous parts of power to make a deal. Charles great point. He talks about their friendship. Always compliments him. Before i let you go, michael, are you going back to china now . Yes, i can. I think my punishment is over. Charles did you get message . [laughter]. Thanks a lot. We always appreciate your honesty, candor. Helps us a lot. Im worried about you, charles. Charles i have to go after the deals,s that. Thanks a lot. Everyone is expecting the first rate cut in a the decade. Stocks are off to a slow start ahead of that big announcement. Investors waiting for announcement of earnings. Well help you make more money when we come back. As a doctor, i agree with cdc guidance. I recommend topical pain relievers first. Like salonpas patch large. Its powerful, fdaapproved to relieve moderate pain, yet nonaddictive and gentle on the body. Salonpas. Its good medicine. Hisamitsu. Dto experiencer gthrilling performance. Now, at the lexus golden opportunity sales event. Get 0. 9 apr for 60 months on all 2019 models. Experience amazing at your lexus dealer. Charles the brought market is moving sideways, investors wait for news that will move the market. Starting with earnings after the bell. Beyond meats releasing first Earnings Report since its blockbuster ipo. The shares are under fair amount of pressure. Here to discuss it all, erin gibbs. Lets start with earnings. Seesaw so far with earnings season. Not a disaster. Most major standouts, still to the upside, still inconclusive how the quarter will end up . Yeah, weve been waffling. Generally during earnings season it tends to be a straight upward line of positive revisions and positive news this past week weve been up and down. Big misses really hurt estimates. Right now were expecting national growth. Better than contraction but not exactly stellar. This what were expecting rest of the year. Charles everyone is being look at apple. Are there other names beyond apple, beyond apple and beyond meat . Maybe that was a freudian slip here, that should be focused on that might give us information even beyond those companies themselves . One im looking at is verizon. Just to give us an idea how the 5g space is going to go, how the china and tariff war will be impacted. They will really have to get into that. Theyre in the think of it. How they will compete with the sprint and tmobile merger. Beyond meat is a fun one because it is just such a high growth story. It will not obviously not move the market. Charles right. It is priced beyond perfection. Charles hard to imagine they will beat but also maybe inconsequential considering all the deals they have signed since earnings come out, since apple is just the super interesting one for me, not only because it is such an indicator of global growth, not just u. S. Growth, tech is buying intels mobile business. Are they going to have regulatory issues . How are they exposed to china . Moving phones tomanufacturing in china. They have all the issues, just an indicator what we can expect for like the globe economy. Charles two articles i want to ask you about both in the journal. Article about the fact, most mute mute mute yall funds, people who think the funds are diversified but theyre not. Yep. Charles there are implications when everyone has the same stocks. It is tough for investors looking for stocks outside of those top 50. Yeah. If youve been a contrarian, or Value Investor bought the stocks that werent in the favorite, youve been probably underperforming for the past one to two years. It has worked in this higher growth environment. Charles jump on the bandwagon, ride it out . I think as long as were looking at an environment where lowering Interest Rates so it is very favorable to growth companies, and we certainly dont see any indicators yet that weve hit really peak valuations or there is a real concern, yeah, you should ride it out until we really see some cracks and right now those cracks arent there yet. Charles erin, appreciate it. Youre welcome. Charles pfizer merging the offpatent drug business with mylan. It will create a new giant. The new Company Expects 20 billion in revenue and could reshape the entire generic drug industry. They make lipitor, viagra, mylan known for the epipen. Pfizer will own 57 of the new company. Fires loyalist from capitol hill winning the new director of intelligence african coats resigns. Well have the latest on that. A past chairman thinks 25 basis points would be fine. I get the feeling President Trump wants something a little more robust than that. We have a preview for you next. Hmm. Exactly. Liberty mutual customizes your car insurance, so you only pay for what you need. Nice. But, uh. Whats up with your. Partner . Not again. Limu thats your reflection. Only pay for what you need. Liberty, liberty, liberty, liberty when i walked through a snowthats when i knewtte, i had to quit. For real this time. Thats why im using nicorette. Only nicorette gum has patented dualcoated technology for great taste. Plus intense craving relief. Every great why, needs a great how. Charles all eyes on the Federal Reserve this wednesday at 2 00 p. M. When theyre expected to cut Interest Rates for the first time in more than a decade. President trump is keeping the pressure on with his fed tweets. The latest, the fed raised way too early, way too much. Their quantitative tighten wag another big mistake. While the country is doing very well, the potential Wealth Creation that was missed especially when measured against our debt is staggering. We are competing with other countries that know how to play the game against the u. S. The president continues to say, a small cut will not be enough. The u. S. Will win any way but he want as biggs rate cut President Trump says Federal Reserve chair presided over the hikes that President Trump is bashing. Janet yellen cite ad weaker global economy. She sighted low inflation issue. She think as 25 basis cut would be warranted on wednesday. She went to say the United States isnt an island. Were a global economy. What happens in the rest of the world and affects the United States. We have david bahnsen, case for growth author. 25 or 50 basis points. Lets cut right to the chase . 25, charles. We have a pretty strong employment report. We have stronger than expected gdp report. The real issue how does the fed message this . It is like a smoke alarm you put in the kitchen. If you put in the smoke alarm protecting yourself against a fire the markets love it. If you put in a smoke alarm to smell smoke in the other apartments, markets wont like night that is good analogy. I agree they will do 25. I think messaging will be very important. I predict the message that they will guarranty the next 25. It will be have effect of 25 basis point cut even though they dont do it until september. I cant know if they will stop the Balance Sheet reduction. Theyre still quantitative tightening now. Pulling liquidity out of the economy. President started to bring that up in some of thinks tweets. I think that is interesting. Is there a possibility they may say were done doing that if. Charles werent they scheduled to wind that down. Going noll september. Its a matter of time. Were almost close to the end. There is not that much more quantitative tightening. A week ago, new york fed president williams sent market up higher. He said the narrative, all of sudden every one started thinking 50 basis points this wednesday. He talked about the idea, that you have so few arrows, that is exactly why you should use a lot of them. In other words, not enough for them to nickel and dime, worrisome inflation. If they attack the thing it, should be firm. If it were 50 basis points, would that smoke alarm say fire or would the smoke alarm say hey, this is brilliant move, to make sure there is never another fire . The short answer, if 50 basis points it gets a lot harder to describe it as putting in a smoke alarm. It suggests somehow theyre smelling smoke. That is why the Federal Reserve has to be careful. Does that mean they wont do 50 . Absolutely not. I agree with david, they will continue to lower rates gradually. Lowering them in one shot raises the a risk that the markets may misinterpret it. You have a fed funds futures market telling you there could be a thirdrate hike by the end of the year. There is over a 50 chance theyre anticipating a full 75 basis points coming off the rate. I agree to do all of it at one time, it may be more stimulative, have bigger punch and effect but it does damage fed credibility and takes away some weapons into the future. Right now there isnt a recession threat. Theyre not really worried about recession t could come later. The numbers last week concerned me about the Business Investment going slightly negative. That is not what we want to see, but right now, you cant call something an insurance cut if it is i agree with anthony. Charles if you go the last five or six rate cutting cycles. Last two began with 50 basis points. The other was 100 basis points. Not long ago it was 125 basis points. In other words the fed has a history of getting behind and having to come out aggressively. I feel powell may be concerned about that. You have to wonder, they telegraphed two or three this year, how will the market react . How will the market react . First of all, charles, one important fact the average easing cycle is 500 basis points. They dont have 500 basis points to go. If they start out really strong, they have basically little ammunition to go on later. Given the fact they always tell you theyre data dependent. Their move 50 basis point now really hard to justify charles are you worried about expanding scope of things that seem to have their influence in their decisions . Im worried about it 20 years. Im sorry to be pessimistic, im a optimistic guy, we antisee nothing yet. Were heading to far more relevant fed in american life, next to 20 years. Congress will not control spending. Fed will use Monetary Policy to impact a lot of areas. Historical precedent they started off at 4 to 5 . Theyre at the mid twos. They dont have that much in moves to go. I dont think there will be another recession in my lifetime where they dont do quantity quantity. Charles they said the unconventional tools, youre right, both Political Parties want the fed to become their piggybank to support their spending. Two legends. Great conversation. Be sure to tune in wednesday for our complete coverage of the fed rate decision, 2 00 p. M. Eastern right here. They will be followed by powells News Conference at 2 30. Im joined by an allstar panel. These guys are legends. These guys looking at the screen are tv allstars, financial allstars, neil, maria, stuart, lou. You dont need last names. You know them. You dont want to miss it. 24 hours ahead before the next democratic debate. Kamala harris out with her comments sieve health care plan. Medicare for all with a small role for private insurers. After fighting with the president over russia interference. Dni can coats is out. A congressman who agrees with the president may be in. Fellow texas congressman dan crenshaw gives us his take right after the break. Driverless cars. All ground personnel. Or trips to mars. 4. 95. Delivery drones or the latest phones. 4. 95. No matter what you trade, at fidelity its just 4. 95 per online u. S. Equity trade. Corey is living with metastatic Breast Cancer, which is Breast Cancer that has spread to other parts of her body. Shes also taking ibrance with an aromatase inhibitor, which is for postmenopausal women or for men with hr her2 metastatic Breast Cancer as the first hormonal based therapy. Ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. Patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. 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Congressman, thanks for joining us. Charles, how are you doing . Great to be here. Charles doing great. What about the Intelligence Community . You know, it has been a rough couple years. Dan coats is out. Perhaps your colleague, ratcliff will be in. How will that change things. Im not so sure there will be any radical changes. I think John Ratcliffe is a great choice. He is wellqualified. A former u. S. Attorney. Very, he has the right temperment, got the right experience, got the right knowledge to do this he is on the Intelligence Committee now. He is a good friend and good colleague. It will be great. Charles feels like with the efforts barr is engaging in, the upcoming id report well have our Intelligence Community put back in the spotlight perhaps in a negative manner. What do you anticipate with these reports coming up . Well, hard to say. I dont like to hypothesize on what might happen. Now we have gotten to this point where we do know how the Mueller Report ended up. Weve seen mueller testify. Weve seen what is in the report. I think we can say for sure that the Trump Administration did not collude with russia. The narrative has been debunked. Democrats continue with the investigations. They will continue to try to promote this narrative of obstruction of justice, everything along with it. And we, but we should be asking those hard questions, if, if we didnt find anything, as the Mueller Report indicate, then how did this start . Why did it start . Why were so many resources put into it . And i think the American People deserve those answers. Charles hopefully we get them soon. Meantime secretary of state mike pompeo is heading east. He is going to thailand for the asean summit. He is prepared to denuclearize. It is time to execute. We hope we can achieve that we hope we can have working level discussions starting very soon so we can unlock the rubics cube. There is a real challenge he is presented with as the leader of north korea as well. We hope he sees his way clear. Charles tensions with iran and the South China Sea will be on the agenda. So how important is this trip overall for National Security with these several different hot spots. It is definitely important to our National Security, you know, on the issue of north korea, weve been dealing with this regime for a very long time and this is how they operate. Before any kind of negotiation takes place they believe they can increase their leverage by acting out, by acting juvenile in a since. Theyre doing these missile tests. That is unfortunate. It is also predictable. I think thed administration is being food about maintaining clearheaded, consistent response to this. With respect to iran, we have to continue to exert maximum pressure on them in the form of sanctions. We have to continue to talk to our european allies, make sure that they are on board as well. And prove to the iranians, that bad behavior, that, it is, that really pushes up against, you know, limits of what might be considered warfare, capturing british ships, shooting down drones, things like that, that will be not rewarded. We have to maintain a clearheaded response, consistent response to these things. Charles a lot of hot spots. A lot of questions. Congressman, we appreciate you taking time. Thank you very much. Thanks for having me, charles. Charles getting an allowance from mom and dad every month is very common for children but there is a new study shows it is commonplace for millenials. Kamala harris want to secure her place on top of everyone headed into the debates. She is out with the most comprehensive plan to date. Her version of medicare for all well discuss with our Political Panel next. We rolled out a health care plan, franklies i, i have a vision of what it should be, the existing plans that have been offered, did not express what i wanted. This is the couple who wanted to get away who used expedia to book the Vacation Rental which led to the discovery that sometimes a little down time can lift you right up. Expedia. Everything you need to go. Content on their endless quest, to nowhere. S, run hopelessly in their cage. But perhaps this year, a more exhilarating endeavor awaits. Defy the laws of human nature,at the summer of audi sales event. Get exceptional offers now. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums charles Kamala Harris is out with her version of medicare for all as the day before the Second Democratic debates kick off. This is stops short of fullscale overhaul she once endorsed. She would have a singlepayer health plan for allamericans but shorten to 10 years instead of four. Tax on incomes over 100,000. Most notable role for the private system would be it would take its leave from the government, selling a version of medicare. Just moments ago, senator harris releasing the climate equality act with none other than aoc. Joining me liberal commentator, danielle mcglocklin. From the 2020 advisory board, madison gesiotto. Let me start with you, danielle. Theyre all saying medicare for all, trying to differentiate, nuance these things a little bit. Is there anything significantly different here than Bernie Sanderss deal . Wouldnt it still be a multitrillion dollar huge, huge expensive deal to put through . Snow think it is quite different from Bernie Sanders. The first big change is that Bernie Sanders is allowing four years for the change to happen. Kamala harris wants 10 years to happen. She wants private insurers to be involved. To your earlier point, allowing plans in competition. She is the right of Bernie Sanders, to the left of joe biden. It will be interesting to see how it plays out in the debate stage. All democrats point, there shouldnt be anybody in the richest country in the world that cant afford health care. That is fundamental. Charles madison, 90 of the population with some form of insurance. Many people working at businesses are getting it paid by their employer, they have to be deathly afraid of giving all that up, just going with something that is governmentrun . I know so many people who are on Employer Health care right now. They really like their plans. As you know, we saw for many years they were promised if you like your plan you could keep your plan. They lost their plans. People are have back to plans theyre happy with. They dont want to lose those plans. Look at numbers, look at polling, well over half the people dont support medicare for all if it means they will lose their Employer Health care plans. Simple as that. People dont want this. Charles danielle. Clearly different as it relates to, i think, majority of republicans dont want the federal government to have a role in health care 57 . Opposite of democrats, 57 of democrats do believe the federal government should have a role. Charles a roll is not the same i will give up my health insurance, im comfortable with, the doctor im comfortable, i will chunk it all. What happened with obamacare, you could keep the plan. Charles why arent they just pushing obamacare 2. 0 . Some of them are. Amy klobuchar is what i want expansion of the aca. What is already in place. Charles the majority arent. Is this indictment of obamacare by majority of folks running for president , democrats running for president . I dont think so, what obamacare did, it created expectations certainly within democrats there was a role for the federal government. There was a possibility we could make more, we could make Health Care Available to more americans. It changed the games, changed expectations. Bernie sanders medicare for all is pushing them to the left. The idea of richest country in the world people are rationalling insulin. Democrats making moral case that is wrong. They have a plan to fix it. Charles madison, go ahead. If the platform is that the government is better than the private sector i think that will be a hard sell . The government is simply not better than the private sector when it comes to this. Danielle is right on the point people across this country, republicans, democrats have varying ideas and degrees how much they think the government should be involved. The polling i references earlier, came out late as last month this, is republicans and democrats, if they will lose their private plan that cops from their employer they do not support this. So this isnt a republican or democrat issue. This is americans saying they dont want this. This is exactly what cama las plan, so many other plans regardless where they fall on spectrum. That is what they say. Four years or 10 years. Ultimately they end up losing those plans. Charles interesting to see how they sell it on the debate stage. Thank you very much, danielle and madison. Thanks, charles. Charles President Trump creating a firestorm over his baltimore tweets. I have a message for the democrats spinning this out of control. Stop deflecting from the topic to your favorite rally call, racism. Focus on fixing the dire situation. I will go in depth how dire it really is next. Charles once again democrats in the media taken President Trumps tweet deflecting from the topic to their favorite rally call, racism. There is enormous outrage focused on word infested. As a black american i grew up in the most dangerous ghetto. Im sad this will be another missed opportunity to address real issues and maybe solutions. Baltimore has a lot of good things going for it but anyone suggesting that black folks in the city are had anything but dire straits is not being honest. According to 2017 study from honesty now, black unemployment 200 above whites. Black Median Income is half that of white resident in baltimore this year there have been 191 homicides in baltimore. Victim count staggering lopsided. Zero asian, four whites, five hispanics 118 blacks. Rest unknown. What is written about in the mainstream media, books, movies, songs, plight of blacks in baltimore like many other American Cities is heartbreaking. The lack of accountability is the real issue. Mayors, congressman, governors, they play a major role in fixing local communities. When think fail, they should be held accountable. In effective lawmakers get reelected in any political setting. Be that as it may im worried about the kneejerk reaction to circle the wagons act like black folks in baltimore are doing okay. Forget the hag tags, skip the outrage. It is time to fix the situation. Well be right back. Ety technoly on a full line of vehicles. Now, at the lexus golden opportunity sales event. 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Appointments available now. Charles more money is problems for mrin yillenials. More than half still get some level of Financial Support from their parents on a monthly basis. What does that say about the state of this generation Going Forward . Here to discuss, kings View Asset Management cio, scott martin. I know it feels like sometimes we pick on the millenials but again, signs that maybe they are digging themselves in for something destructive with this sort of need for constant support from their parents. Yeah. The dependency is not good and i think one of the other things, besides the money, i have two young kids, too, full disclosure. Not millenials, whatever the new generation is, the oldest being 8. Aside from the money that the parents are providing, i know how it is, you love your kids, you want to see them do well and give them every opportunity you can, but the parents are delivering that additional education, at least the growing up, getting a job, paying mom and dad back, being responsible and getting good grades, things that aside from getting away from their parents, should be getting from their parents as far as guidance they arent getting from school itself to make sure they grow up right and appreciate the things they do have. Charles its a doubleedged sword. Im guilty of really giving my kids a lot. Certainly a lot more than i had at my sons age at 22, i had joined the military and was sending money back home. It was a vice versa situation. Its hard to escape that and you do wonder if this heed kwaeduca are talking about is being learned fwaubecause its hard w you dont have your back against the wall. Yeah, it is, because when you fight or flight, right . Thats really the tough lessons, because of the help, maybe these kids arent learning. Youre right, tugging at your heartstrings, not wanting them to starve and be on their own. You hit on an important point with the schools. These days with education costs certainly as far as Higher Education completely out of control, college is not having a lot of responsibility and hooking up these kids as it were, 20 somethings, with jobs after college, i think thats another area we could see a lot of improvement, maybe putting some of these colleges on the hook to make sure if kids do fulfill degree requirements they get a job after they leave college and dont have to depend on mom and dad as much. Charles by the way, millenials are too wide anyway, 22 to almost 40 years old. Almost to me. Charles forget about the younger millenials. What about generation z . While the millenials are asking parents for money, we have a 16yearold who just became a millionaire all from playing the video game fortnite. Are parents running out to tell kids to put down that controller . Pretty soon they will be saying put down that book, are you nuts . Yeah. Pick up the controller, put down the books. Thats crazy. The kid won 3 million, hes young, in his teens, 16, i think it was. It just goes to show you, these days, what is the future of that generation . Because a lot of those kids in the esports field, you look at other games out there, grand theft auto is another thats really popular amongst the young kids and they just recently as an aside put a casino into the downloadable game and its exploded as far as users because kids obviously couldnt get into a casino, order champagne to the penthouse, so they are getting that sfooernexperience online. Its driving the addiction crazy just like it is for fortnite. You have to take it in stride and see whats really driving these kids to play these games because its kind of socially isolating, right . Even though you are playing with kids in the games, you are talking through a head set, playing a machine, these are fake characters. In the case of fortnite, i believe because i have been on the game, too, you shoot people. Charles yeah. Theres a big study in japan, call them the grasseaters, goes back 15 years and its a cautionary tale for america. Any way to make money for the viewers, anything in the market that might be comparable to being able to ride this wave . Yeah. You know, we havent hit the Gaming Sector yet as far as our investments but ttwo is one that looks the best to me. You got a couple other competitors in ea sports which really isnt moving anywhere. Activision is the other one thats not that great. Ttwo, i would look at those. Charles if they ever bring back pong, watch out. Im your man. Liz claman, i was the champ when it came to pong. Im telling you right now. Liz i was so good at pong. Yeah. That was way back when los angeles had the z channel. Charles we should do a tournament. Liz deal. Deal. After the fed meeting. Charles after the fed meeting. Liz thanks, charles. Investors are staring down a whole bunch of issues here. Another earnings blitz. That Federal Reserve meeting. And a new round of china trade talks just six hours from now, the Trump Administrations top trade guns square off with their counterparts for the First Time Since the trump and xi jinping g20 ceasefire. At stake, a

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