A good idea . Our guest says we should regulate and it has been Holding Hearings this week to make his case. I have got to ask you, why does this need to be regulated . We always want innovation and we want to attract more Tech Companies to new york to do more great things. It is clear bitcoin and Virtual Currencies has become a place where we have seen a lot of Money Laundering. On you worry at worried are you not worried about stifling innovation . Balance to make sure Money Laundering is not going on. Permitsame time, innovation. We can do both. There have been a number cases already. A massive amount of International Money going on. Through a little bit. Who was doing what to hide what sources . I am not a prosecutor and we did not do the case. A lot of crib though currency being used to move money out of foreign companies. You do not think the coin is a bad idea. It might be a good solution. You just need an end to Money Laundering. Yes. They have potential and down the road, ther
And creativity in our society. The bernard and addry rapport foundation. The john d. And katherine t. Mcarthur foundation. Committed to building a more just, verdant and peaceful world. More information at mackfound. Org. The bessie and jesse sync foundation. The hkh foundation. Barbara j. Fleischmann, and by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. The new gilded age is roaring down on us. An uncaged tiger on a rampage. Walk out to the street in front of our office and turn right, and you can see the symbol of it. A fancy new skyscraper, going up two blocks away. When finished, this high rise among high rises will tower 1,000 feet. The tallest residential building in the city. The New York Times has dubbed it the global billionaires club, and for good reason. At least two of the apartments are under contract for more than 90 million each. Others, more modest, range in
Youd like for speakers to answer click the like button. Well try to answer as many questions as time will allow also consider supporting our bookstore in the authors work by purchasing a copy of todays featured book the black agenda. And just click on the green purchase button directly below the viewer screen. Itll take you the booksoups website and you can continue your checkout process without interrupting your video stream. Now a few words about our featured guests Michael Tubbs is the special advisor to california. Governor gavin newsom for economic mobility. Hes the founder of mayor. Hes the founder of mayors for a guaranteed income in the founder of and poverty in california or epic. In 2016. He was elected mayor of stockton at 26 years old. He is the citys first africanamerican mayor and the youngest mayor of any major city in american history. As merit hubs was lauded for his leadership and innovation. He raised over 20 Million Dollars to create the stockton scholars a universa
Mission is to promote compassion and creativity in our society. The g bernard andbe addry rappo foundation. The john d. And katherine t. Mcarthur foundation. Committed to building a more just, verdant and peaceful world. More information at mackfound. Org. The bessie and jesse sync foundation. The hkh foundation. Barbara j. Fleischmann, and by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. The new gilded age is roaring down on us. An uncaged tiger on a rampage. Walk out to the street in front of our office and turn right, and you can see the symbol of it. A fancy new skyscraper, going up two blocks away. When finished, this high rise among high rises will tower 1,000 feet. The tallest residential building in the city. The New York Times has dubbed it the global billionaires club, and for good reason. At least two of the apartments are under contract for more than 90 million e
Spending, and auto sales. And then finally on friday, we get that big july nonfarm payrolls report. Economists are looking for about 184,000 jobs to have been added for the month. Meantime, the Unemployment Rate is expected to fall to 7. 5 . But joe, its going to be really interesting watching a lousy gdp number, probably a good jobs number and seeing how the tenyear reacts to each of those numbers. How do we know about the jobs number . Were ready for a bad one. You think it will be good because of the claims numbers . I dont know. I dont know either. Were ready for either. How the bond market reacts to good news bad news potentially. And the feds going to be in focus this week. Yep. Talking about the fed . So sick well, if its not humphrey hawkins, a twoday bernanke thing, now its the fom. I dont remember in my life being so controlled by any every fed decision. Then the minutes release later of what they said. Its constant. And theres such a big part of our life. I think its a sad c