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Your bulls and bears this week is these guys. Welcome to everybody. John, Young Americans not embracing free markets. Does that worry you about does. Cas future . I certainly understand why they worry about free markets. But our country was founded on this. Founded on freedom. And you cant have Economic Freedom if you dont have Political Freedom and vice versa. And one of the problems that you have is that these millennial grew up in the financial crisis and right after the financial crisis, the government remember now, Economic Policy that is free is an economic agenda not a political agenda. And when that is free markets are allowed to run, that is not what happened in the financial crisis. What happened in the financial crisis was Government Intervention was the one that called this becoming a casino and the government turned on the banks. The government turned on business and now you see that in the millennial, looking at this saying hey wait a minute. They must be right. It is the free markets at fault and it is worrisome when you see that from such a large generation. Does it worry you about the future of this country . Because again t freedom to make our own decisions and start our own businesses and control our own money instead of the government. Exactly. And it does worry me. You know, i think there is a couple of takeaways from this. One, the survey is a harbored survey which is laughable because that is one of the institutions that is probably benefitted the most from capitalism. Do you think they got their zillion dollar endowment with a socialist country . No. The parents of all those students there made a fortune and they gave to it a harvard. Same reason a lot of those gets in there a lot wept to private schools, elite educations, because their parents provided for. And saying the capitalism caused this whole financial crisis which john explained in nice detail. The other takeaway i had was you cant reject capitalism. Capitalism is in our dna. People want to get ahead. They want to make a lot of money. They want to do good things, even if it is not financially. The whole point of the harvard students. They want to get as, rather than cs or ds there. The bottom line is there has been no great country, no great empire. No Great Society thats ever gotten ahead with socialism. Every great country out there thats risen to preeminence has risen on the back of capitalism. Onethird of young people in this study support socialism. What are they eating . You have to explain that. Well as the millennial on this panel i think i have a few opinions about this one. Listen it is not about socialism versus capitalism. Actually that is what this segment is about. Im not a socialist by i think there is a gray area, and a very large gray area here between the 1 of the 1 of 1 capitalism that i my generation is against versus complete socialism. You have the millennial under the age of 35 like myself who grew up in this nafta free trade era political world we live in today. Where capitalism got out of control. It wasnt about supporting the american markets and American Business and the middle class. About shortterm profits for wall street for the 1 of the 1 of the 1 . And all of that us graduated college come out in debt, complete debt with expensive housing, high cost of living. We all have to move to the cities to find jobs and we just cant keep up. So it is a question of where are our priorities . Are our National Priorities in giving tax benefits to the wealthiest of the wealthy and the burden on the middle class for the next generation . Because if thats the case were not going to be moving forward. Then you are people not supporting the very job creators, in word by bashing them but also indeed with the mountain of regulations that the white house has put on companies the last seven years. You could actually put other clips and the donald trump clips on free trade are really not. Im sure capitalism when it falls. I think what we just heard from the millennial. I like to say im a millennial too but im really not. Is really what these surveys are saying. They dont know what they want. It sounds to me is kind of a selfish. It is not socialism what they want. Or democratic socialism or communities. They want the goodies of capitalism. The whole foods. The apple store. The they dont want the government taking over that. They want to take from the very successful who made all of the money in this very merit okay us to way you can make a fortune today and [ slow down ] im going to agree. I think this boils down to a difference in terminology. Capitalism and socialism have dictionary the definitions that of course we are different associations and images that come to mind. If you phrase the question differently to millennials and ask what they prefer in terms of economy . The vast magenta majority of millennial would prefer a free market economy. You still have politicians as pointed out on both sides on the right and left bashing companies. Drug companies that make lifesaving drugs. Energy companies that are on their knees right now laying off 20,000 people just in the First Quarter of this year. Wall street, banks you name it and its hurting america not just now but for years to come potentially . Of course they are. Because these morns are not going to blame theirselves. They are going blame the b income inequality. Which is prosperous. Government started this entire problem. The communicate reinvestment act made banks lend must be to people who couldnt afford to pay it back and because of that created the securitization market and created the casino. And the financial crisis came t the same people in charge doddfrank said wait a minute, were now going to fix it. They fixed it so much, credit was taken out of the market to such huge degree the recession continued. The millennials have seen this and the rhetoric from the politics blaming free markets saying its really free markets when it is not free markets who lobbied to appeal glass steegal. Who lobbied to over the mortgage industry . That was wall street. That was the free market trying to get things for free and take advantage of the american people. Trickle down economics does not work. That is not true. Oh means to go through. Because theyre lobbying. We now how washington works. Theyre told to have these ideas by the people who fund their campaigns. Fy lobby the government for a billion dollars and they give it to me is that my fault or is that some moron in washington d. C. s fault for actually giving me a billion dollars. I want i give her an example where shes kind of the hypocrite. Im willing to get naomi not only went to good college but had good grades and probably was in the top 1 of the top 1 of her college. Why doesnt she give some of her as back to those less deserving students so everybody can be happy. No. [inaudible]. President of this and president of that and strive to get ahead complementing me or insulting me set up there to get ahead. Make a name for herself. But now the people that have done the same thing in the financial world, shes willing to pull them down. It just doesnt make any sense to me. The freedom of capitalist society and the kind of markets we have is to reward people who work hard rather than treat everybody equally despite the type of work that they do and their talent. The problem. Okay, first of all if were going to bash naomi. Id like to bash her too because shes too smart. But it rewards people more and more for brilliance, not just for hard work. So people who do work hard are angry and trump appeals to that and i understand that. But ultimately that selfish millennial feeling is they dont really believe in communism. Theyre trying to take care of their brothers. They dont want to live in a commune. They dont do that anymore. This group wants what we got in this country. But they want somebody else to pay for it. And it doesnt make sense. The government student loans. Wall street doesnt even do those loans anymore. Final word. Ill spend it with this, spreedom. Thanks guys. Before antitrump protesters got noisy state officials were trying to silence trump in california. Is this why he is registering across america . And bernies message to me that will make message in [inaudible]. This week the president saying we need to keep letting in syrian refuges. But trump saying hit the pause button. Whos got it right . We debate. You decide. Thousands of people came out today to run the race for retirement. So we asked them. Are you completely prepared for retirement . Okay, mostly prepared . Could you save 1 more of your income . It doesnt sound like much, but saving an additional 1 now, could make a big difference over time. Im going to be even better about saving. You can do it, it helps in the long run. Prudential bring your challenges millions of women worldwide trust tena with their bladder matters. Thanks to its triple protections from leaks, odor and moisture. Tena lets you be you live in washington, good saturday morning. Im leland vittert. Its claims responsibility this morning for a deadly blast in baghdad. The attack targeted civilian shopping in an open air market. Analysts say isis is increasingly turning to softer targets as it loses territory in the north and west parts of iraq. And back here at home, dole foods faces a criminal investigation over an outbreak of listeria. The company says its been contacted by the Justice Department over an outbreak linked to four deaths in the United States and canada. As well as multiple illnesses. It involved salad products made at the companys facility in spring field, ohio. We have no idea where these people are coming from. There is no documentation. There is no paperwork. We have to be smart. We have to be vigilant. A pause for recessmeassessment help us to prevent the next sbor san bernardino, or frankly much worse. Saying we need to pause as president obama renews his commitment to bring in 10,000 syrian refuges. You say trump has it right. He does in this case. I dont see the problem with pausing if we county know what we dont know. Everybody saying look we can trust the government. They have changed things around. They have new regulations. This is a government where the tsa failed 95 of the tests. Where people tried to smuggle things in. Set up people. They fail 95 of the time. How can we trust the government . Ohio governor brownback of kansas really rejected taking in anymore refuges. He went to the Obama Administration and said give me documentation and proof these people have been vetted and the administration said no. All the governors should throw up their hands and say look, we are not going to do this until we have facts and figures and a thorough process thats been looked over. We dont have that right now. What is the problem with pausing . I dont see any. And heres fact. The u. S. Government has said that isis has the ability to make fake syrian passports. True. But we do have a positive and we do have numbers. We over the past 15 years since weve been doing this. We have to go through a five step process, includes bio metrics. A very difficult u. N. Process. And taking to the department of homeland security, department of defense. State department, cia and all this stuff and 1824 months and just over 15 are admitted. Thats after all that bio metrics and interviews with family members. These people arent coming over on two of the paris attackers came separate visa. Doesnt matter there was different process. Came in on boats. John . Its laughable. Absolutely laughable. You cant talk about history when you are talk about somebody coming from a war zone where there is no bio metric data. I dont care if you have 1,000 government agencies. There is not a library card to go and check everybodys name on. Everythings been blown up in these countries. And were talking about doing something here to show the world were doing something. 10,000 . There are over 10 Million People in syria over the displaced or refuges right now. Were doing this to show ourself to the world that were doing something for no reason and were putting ourself as risk. A pause wrong hadley . Oh i dont think its wrong at this point. The United States is one of if not the most compassionate country in the world and there are Many Americans who would love to help refuges in this way by welcoming them to our country. But we can help in other ways. And i hope well support the relief organizations and Global Charities out there. There are ways we can be compassionate while also honoring our own national security. Its wrong because it creates the false sense of security that we dont have to address all the other issues that trump correctly raised. The fact of the matter is in canada they have let in 26,921 syrian refuges. Whos to stop them from walking across the border . Theyre going to come through canada. Well jonas speaks to my point then. That is another thing we dont know or having thought of. I dont see the problem. In the review. Hey people are getting through canada. What are we going to do about that . I dont see the push to rush forward with this . Eric, whether do you have coming up . Hi, the donald wants more dollars from nations who need our military might. Should we force our allies either pay up or defend themselves . See you at 11 30. Is the very latest report on the economy saying something other than what you think . Up next. Jake reese, day to feel alive jake reese, day to feel alive jake reese, day to feel alive. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Like our most important delivery. Od. Helping the world keep promises. Top gun graduate, aide to two u. S. President s, Commanding Officer and Harvard National security fellow. Id say buying a car, uh, can make you as nervous as landing on an aircraft carrier. But usaa Car Buying Service mitigates those fears. Uh, they make it a very easy experience for you. Find the right car, save money. Its that easy. Usaa Car Buying Service, powered by truecar. Exclusively for usaa members. President obama this week touting how his team helped save the economy after the financial crisis saying we probably managed this better than any other large economy on earth in our history. And you say history shows this president S Performance is the worst in modern history. Yeah. And hank was the one who put the. President obama is going to be the only president that doesnt have 3 annual gdp growth of any year that he is in office. If were at full unemployment. Why is gdp not at 3 . You have seen a middle class thats been absolutely destroyed since the late 90s and the trend is continuing. Hadley, nothing to crow about . Nothing to crow about. And americans know that at home. They know they are struggling to pay off debts, Health Insurance premiums. They probably know someone out of work if they are not out of work themselves. The reality speaks for itself. Most americans say were on the wrong track and unfortunately they are right. I think we have revisionist history here. In 2008 we were losing 8. We went have 10 unemployment to 15 5 . In the longest growth period in history. 14. 4 million jobs. I dont know what economy you guys are looking at but we have a completely different why is gopd at youre apple picking here. You ear looking you are the the. No im not is it [ slow down ] jonas. It stinks. If i was president and i left and it was binger when i got in the economy. The bottom line is it is not as good as the past. Because when you compare america now to the past it comes up short. If it compare america now to other countries over the last eight years its looking a lot better than it did relative will i speaking in the eickeghties. The rebound should have been faster. Its not corporate earnings. Its not gdp. Its three things. Do they have a job . Are they making money . Is their home worth anything . Median household is down 4 . Home values are down since he took office as is home ownership. And oh by the way, the poverty rate is up. That is what the economy is to people and in those terms it distinction. Thanks guys. Hadley and naomi. Thanks. Coming up how one companys regulatory problems with Drone Deliveries is helping another Company Deliver big profits. Understands the life behind it. For those whove served and the families that have supported them, we offer our best service in return. Usaa. We know what it means to serve. Get an insurance quote and see why 92 of our members plan to stay for life. Predictions. Gary. Go. Mothers day is almost upon us. Candy, that means hershey. Up 20 this time next year. Glaxosmithkline. I done it. Jonas. Super good out of amazon this year. Still good for the after they deployed the drone. Up 15 for year. Well before antitrump protesters turned violent in the golden state. Public officials tried blocking trump from even getting a chance to speak in the golden state. Think about this. If you cant beat them, muzzle them . Because before these trump protesters in california a number of top Public Officials there were doing their darnedest to make sure trump never got the chance to speak at all in california. At least not at a public facility. Now Bernie Sanders or hillary clinton

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