I think it is a mistake that because we helped the wealthy we shouldnt do it. The reason they did it is because of that. If you dont lift up the economy, the people who suffer the most are the poor. The fed is thinking about how do we lift up the economy they shouldnt hurt a wealthy person to make them feel good. They are doing the right thing now which is to let them get through this there are going to be serious situations thats kind of a secretary dairy problem right now. We should get through this and kind of unwind some of this stuff wisely there are huge incomes you could have negative imcome tax, fix education there are a lot of things we should be doing to help the poor federal policy is not the thing they should focus on letting the economy grow they dont focus on Growth Strategies they have policies that dont help growth. If you had 1 growth in the United States over 10year period, that would be 4 trillion gdp thats like 10,000 a person extra. That pays for a lot of social sa
Good morning and welcome to bloomberg survellance. Francine lacqua here in london. The interview of the day is when we have a conversation for the Vice President from facebook emea. That we also heard from ursula von der leyen, the president of the European Commission. 225 billionlanned euros in green bonds that may have an impact on markets. Later on we look at etf. Stocks are actually rising ahead of the Federal Reserve meeting. Treasuries and the dollar pretty much steady. Crude oil extending gains. Lets get straight to the bloomberg first word news. Ruled the u. S. Violated International Rules by imposing tariffs on china. It is unlikely to lead to changes in washington. The white house can veto the decision by appealing. It has paralyzed the wto by blocking new appointments. President trumps controversial pick for the Federal Reserve senateoes not have the support needed to win confirmation, according to the number two republican in the chamber, senator john thune. Received critic
The show. A new Prime Minister for japan tokyos parliament confirms your shahid a sukkah as successor to shinzo all day the former Health Minister says his priorities are fighting the pandemic and strengthening japans whaling and cars. And israel signs historic agreements after the white house with bahrain and the United Arab Emirates establishing diplomatic relations present trump says theyre just the 1st of many such deals to come. Im brian thomas could have you with us today European Commission president to ursula fong the lion will shortly give her 1st state of the Union Address shes expected to unveil her vision for a more ambitious. Climate deal for the block migration also expected to figure prominently final line will also outline plans to relaunch europes economy which has been hard hit by the coronavirus and denmark. Lets go live now to the abuse of Brussels Bureau chief alexander phenomena whos standing by there for us where the speech is about to begin shortly this speech a
I want this to be a starting point for Commission Parliament and Member States to ensure there is no backsliding the commission attaches the highest importance to the rule of law and this is why we will ensure that money from our budget and next generation e. U. Is protected against any kind of fraud corruption a conflict of interest this is nonnegotiable. But the last months have also reminded us how fragile it can be we have a duty to always be vigilant to care and nurture for the rule of law and breaches of the rule of law cannot be tolerated i will continue to the vendor and the integrity of our european institutions. Be it about the primacy of european law the freedom of the press the independence of the judiciary all this sale of golden passports europeans values are not for sale. Was. None of our members these values are more important than ever i say that because when i think of the state of the union i am reminded of the words of john schumer one of the great europeans who sad
Social networks never forget. So i searched in my personal archives. 2012. March. That i liked or shared the most viral video in history 100000000 views in just 6 days. And i name is Jason Russell and this is my son. It was the story of a Young American director Jason Russell who hoped his 30 minute video would facilitate the capture of a new tory as a war criminal in Central Africa. Joseph coney. This is the guy. To cody. With the battle. For 26 years tony has been kidnapping children into his rebel group. Turning the girls into sex slaves. The video was meant to shock to outrage peoples faces. To bring joseph kony to Justice Russell even set up a private n. G. O. S called invisible children. Its Internet Campaign kone 2012 was a runaway success. Among those who circulated the video for a few of my friends. Until recently i had forgotten all about the video and about joseph koni himself. Then 2 journalists from our team entrusted me with this hard drive with footage shot in africa in