And by contributions to your pbs station from viewers like you. Thank you. Welcome back robert reich to this program. The former labor secretary from the clinton years is now a Public Policy professor at berkeley. His most recent text, saving capitalism, is the basis for a documentary on netflix with the same name. Were on the way to becoming a twotiered society, composed of a few winners and a larger group of americans left behind, whose anger and whose disillusionment is easily manipulated. Once unbottled, mass resentments can poison the very fabric of society, the moral integrity of a society. Replacing ambition with envy, replacing tolerance with hate. Secretary reich, great to have you on the program. Let me ask you to tell me more about saving capitalism. Tavis, the real point of the film and also of the book is that youve got huge amounts of money coming from big corporations, wall street, and wealthy individuals flooding our political system and getting a lot of benefits in ter
Newly released Surveillance Video shows the exact moment of a deadly explosion inside a Cosmetics Factory in new york. Investigators have figured out the blast was accidental, saying static electricity caused a flammable liquid to ignite. One worker inside the factory died in that explosion. And were getting a look at frightening video from a traffic stop in ohio. You can hear gunshots as Police Approach two women in a car last tuesday morning. The bullets came from in between two nearby homes. They barely missed one of the officers. Luckily, no one was hit. The gunman is still on the loose. Nearly a month after the president s twitter account was shut off, the person responsible is now breaking his silence. You remember back on november 2nd, the account was deactivated for 11 minutes. There were plenty of jokes that whoever did it deserved the nobel peace prize. Twitter blamed a contractor for the area. They say the whole thing happened on his last day of work. Hes back home in german
Altice and sell two swiss assets as they look to unload their debt pile. And one of the biggest names, sir paul ruddock tells me theres one asset class investors should be concerned about. Credit is an area to be concerned about at the moment. Theres been a huge boom in credit over the last ten years thats one area to be concerned about. Good morning its friday. Lets get straight to Macro Economic data in the form of eurozone manufacturing data for november were seeing 60. 1 versus a forecast of 60 this is a rise from the october figure of 58. 5 november was the best month for eurozone factories in over 17 yo17 17 years the german manufacturing pmi came in close to a record. The spanish pmi rising at the fastest rate in more than ten months the strong french numbers as well, best month in seven years in the month of november those are stunning figures we get some instant reaction over the summer there was a concern that we would see a leveling off of the eurozone activity i guess that
And by contributions to your pbs station from viewers like you. Thank you. Welcome back robert reich to this program. The former labor secretary from the clinton years is now a Public Policy professor at berkeley. His most recent text, saving capitalism, is the basis for a documentary on netflix with the same name. Were on the way to becoming a twotiered society, composed of a few winners and a larger group of americans left behind, whose anger and whose disillusionment is easily manipulated. Once unbottled, mass resentments can poison the very fabric of society, the moral integrity of a society. Replacing ambition with envy, replacing tolerance with hate. Secretary reich, great to have you on the program. Let me ask you to tell me more about saving capitalism. Tavis, the real point of the film and also of the book is that youve got huge amounts of money coming from big corporations, wall street, and wealthy individuals flooding our political system and getting a lot of benefits in ter
Secretary and undersecretary of the treasury under president george h. W. Bush. Where he was responsible for policy on Financial Institutions and the treasury debt market among other areas. He also has firsthand experience in Investment Banking and was a partner at the Carlyle Group before being appointed to serve on the board of governors in 2000 twelve. During his years of service in government and in the private sector governor powell has proven hes qualified to lead the fed. If confirmed hell play an Important Role in striking the proper balance between a safe and sound Financial System and the need to promote a vibrant, growing economy. Over the past year ive been encouraged to see the federal regulators carefully evaluating current laws and regulations. Governor powell has shared specific areas in the past. Where the fed believes some laws and regulations can be changed to alleviate burden, including the culver rule, stress tests and resolution plans among others. Several weeks a