Cycle, after news that the owner will be hosting a Election Party for President Trump in the hamptons tomorrow. This is bulls and bears, joining me on the panel gary kaltbaum. Steven ross responds to the backlash today over his plannedded fundraiser, i have always been an active part tant participant in democratic process, i have known donald trump for 40 years, we agree on some issues and disagree on others, i have never iic equinox and soul cycle sending a message. What message is this boycott sending . You know, i think im going to start my own app called boycotter, this way everyone can keep on top of what is woke, what is broke. There a new boycott every day to keep track of. I have been studying online behavior for specific companies and social media for over a decade. There is something called vocal minority, they speak loudly but it does not necessarily represent what everyone is doing, this is out of news cycle in a couple of days. If i am the company, i hole hold tight. Fasci
Of American History. But if youre a find it more closely the inequality comes from the extreme wealth in a tiny sector the population fraction of one percent. There were periods like the gilded age in the twentys the early ninetys and so on when a situation developed by the similar to this. Now this period 6 trillion because if you look at their Wealth Distribution the inequality mostly comes from super wealth. Literally the cup 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality has highly negative consequences on the so is. Because the very fact of inequality has a corrosive harmful effect markers if. You open by talk about the American Dream or the American Dream is chrisman deluded it will encourage you or kurt. Ridge it was possible for a worker to get a decent job. In a corps of children who are school. Collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States when there are professed to
There is one organized force which traditionally plenty of fluids but with all its flaws its been in the forefront of the. Efforts to improve the lives of the general population thats were going to slavery its also a barrier to corporate tyranny so its the one barrier to this vicious cycle going on which does lead to corporate tyranny. Or a. Major reason for the concentrated on a fanatic attack on unions are organized labor is they are a democratizing force. To provide a barrier that defends workers rights but also popular rights generally. That. Interferes with the prerogatives now heard by those who own and manage this site and i. Should say said andy union sentiment in the United States among the leads is so strong that the fundamental couper of labor rights in the basic principle in the International Labor organization is the rate of Free Association which would mean the right to form unions and us has never ratified. But i think the us may be alone in one major societies and their
During the Great Depression which im old enough to remember there was and most of my family were unemployed working class there wasnt it was bed you know much worse subjectively than today but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today. Inequality is really unprecedented im sure that total inequality its like the worst periods of American History. But if youre a find it more closely inequality comes from the extreme wealth in a tiny sector of the population fraction of one percent. There were periods like the gilded age in the twentys and the early ninetys and so on when a situation developed by the similar to this. Now this period 6 tree because if you look at their Wealth Distribution the inequality mostly comes from super wealthy. Literally the top 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality has highly negative consequences on this so it is our fault. Becau
David if they could get the pay equal to the americans we would have all would be all set. Finals on sunday, right . Scarlet yes, it should be a great match. Cant wait. David neither can i. Scarlet looks like were going to have a higher day on wall street, building on gains after the s p set two record highs the last two days. A lot of data coming up over the next hour and a half. Weve got factory orders, durable goods, i. S. M. Services and euros, slightly firmer against the dollar. P. M. I. Improved in june. But all the growth is really in service, not in manufacturing and the demand for havens continues. You can see the green color showing buying and treasuries, bringing the yield down. 1. 95 . And with that demand for havens, extending. G gold euros sixyear highs. David its time for the morning brief. This was coming up today. Were going to get u. S. Trade balance data for may may. Around 9 15 this morning, ford will be releasing its latest sales for america. And we get june Market