Transcripts For CNBC Squawk Box 20140618 : comparemela.com

Transcripts For CNBC Squawk Box 20140618

The house subcommittee on oversight and investments. Chairman tim murphy will join us on a preview of that hearing. Watching for this one, amazon for the past week, touting this mystery launch today featuring an announcement by the ceo jeff besozs. The scuttlebutt is it includes this famous 3d screen. We think we know what a 3d screen would be, but youre not wearing the glasses. Who knows what it is. Were going to talk about the prospects for amazon. We will talk with mark mahaney at 6 50 eastern time. The screen is so small. We have two tvs that are supposed to be 3d. We even have the glasses. Does it work . If you wear the glasses. We had two movie nights in our house where we all wore the glasses. We had friends over. We tried to do the whole thing and watched avatar. You had enough glasses . We bought extra glasses. What is the bottom line . It was like why are we doing this . We all looked goofy. And thats a 50 incher, probably . Yeah, about. So what do you look at in 3d on this little i dont know. I dont get it. And thats really the hook. That or technology. You can even order books. Which you can do now. I defer to you on whether this is going to i do not know. You follow amazon, you follow the technology. I dont think youre excited. Well see how it all plays out. Correct. Barons has found out its not a good idea to question jeff bay zoes over the years. So we have to defer to him. We know what hes doing to anyone who has questioned him. Hes laughing at them all the way to the bank. Im glad they had that ready. In global news today, the militants, they are sunni now have attacked iraqs Largest Oil Refinery with mortars. Ayman will join us from the ground with the latest. Good morning, ayman. Good morning. It was an early dawn raid on this oil refinery, iraqs largest oil taking some hits from ayman. Well talk for a few seconds and talk about some stocks while we try to get ayman back. Did you read the oped by mr. Cheney . What paper . In your favorite paper pup did not see this . The New York Times . No. Im not being sarcastic. This was i wanted to im being sarcastic. Maybe ive switched. I wanted to ask ayman about this, to the extent we were going to play the blame game in iraq. Here it is, dick cheney, the collapsing obama doctrine. I read this thinking that i needed to be prepared this morning. This is a piece that effectively goes to the litany of things the president has said did you read the sean penn piece . I was more interested in the no. I saw that actually on mine. But its at this point i thi think i think president obama is in an okay position. If you were to say that we gave back iraq after all that sacrifice, you would think that it would really be a tough place for the president to be. But hes not going to take some flack because its something that the way its viewed at this point it is never going to be fixed and hes not going to be blamed for it. Im not saying theyre right or wrong, but they are immediately going to blame so to read that from cheney, i think the anchor said Something Like and we know this anchor. But the anchor said Something Like the only analogy is when someone puts out a fire when theyre the arsonist, you dont think its that great. She got kudoses in the huffington post. Cheney, no one is going to read that and say things arent going well for him Foreign Policy wise. By the way, weve had these scandals for a week. This va fwixed . Do you know . I dont know. Thats not on the front page. That will return. The media got tired of it and people are still waiting 120 days to get an appointment. Things are not going that great right now. And whether you blame him for iraq or syria or iran or russia or china backing into the column here. Can you point the one thing going well this time in Foreign Policy . One opinion hillary couldnt. In recent i asked them to play just the two of us. For when we go in and out. I told you, i warned you that i was going to pick on your paper again today and ill tell you what it was in reference to. The lead stories about benghazi. I thought there was a companywide ban on the word benghazi. You saw benghazi in the New York Times about as much as you saw Tiananmen Square in the chinese media. That is so untrue. The New York Times has not mentioned benghazi maybe im exaggerating. But in this context, it will make hillary look better, it will make obama look better because they caught the guy. Oh, come on. But they spelled it wrong. No, maybe thats right. Hold on, hold on, front page of the wawall street journal. Im glad we got this guy. I am. Is he the guy that was watching the video and got mad first . Which talking points are you going to give me on this . Who is he . Is it the video or is it the terrorist i didnt do my daily let me just call valerie right now. We dont need valerie because we have har wicwick. Even the straight shot to its not fair. No. I watched soccer yesterday. Spent 95 minutes of my life. You know what the score was, mexico, brazil. Yeah. 00. I watched 90 but you were one of the 16 Million People who watched ghana and yeah, i did. But i actually watched russia korea, which was a 11. You must be starved for sports content. Is there a duke soccer team . There we go. I will tell you that the mexican goalie was unbelievable. Was he on fire . The mexican goalie was on fire. Stopped him right there. He was amazing. He was amazing. And he kicked it once and right at him again. And brazil, they score all the time. Its kind of cool. Im into it. Im into it now. You know what else . Nbc does . Yeah. I will tell you i was at a Banking Institution yesterday that normally keeps us on. Of all the tvs up on the walls, usually and we were not. Was it bnp paribas . No. It was a u. S. Bank. In the meantime, weerp going to get with our first john harwood. To get the results of the nbc wall street journal poll. He should not be mad. Ri starved for content, john . I was totally into that u. S. ghana game. Now im all about portugal this weekend. Yeah, yeah, what do they call it . The group of death. If we beat portugal, i think were guaranteed to be out. We have this guy, christiano republican naldo. We ha we have injuries on our side. You didnt watch mexico brazil yesterday . No. You would have . Yeah. I didnt grow up with soccer. I dont know if you did. It was around, but it wasnt big. And to see the u. S. Sort of mature as a competitor in this thing is really, really fun to watch. It is. Its good and otherwise were stuck with the nationals in the reds. And i didnt even first place, baby. What place . Were in first place. Were behind. Were like two or three games behind. 500. Maybe thats why. Its an ugly poll for obama so that will make you happy, joe. Quid pro quo, i get it. 41 job approval, not good. I think thats his base. Theres no way he goes below that. There are 41 of the people in this country that he could theres nothing that he could it couldnt get any worse than it is right now and he still gets 41 . Thats like the well, yeah, thats sort of the high 30s, low first 40s is f where president s when theyre in big trouble bottom out. You could in theory go lower with a catastrophic scandal or something, but yeah, this is hes getting the lower bounds here and the result as peter was saying yesterday, some of the Foreign Policy issues that you were talking about. People are drawing the conclusion that events are controlling this president rather than the president controlling events, which obviously president s dont control the world, but the accumulation of things, iraq, syria, problems for russia and the ukraine, all of those things are making people feel as if the United States is weak at the moment. That the country is on the wrong track and this is its worrisome for democrats, although the only good news for democrats in this poll, they still lead in the question of who do you want to control congress because the republic ewe talking of the Republican Party is so bad. They dont go to midterms, on so always always lead, they always control, anyway. The question is how big of a trading range is it going to be . So hes a really good years gets to make ten seat in the house. The real question is going to be are republicans able to retake the senate . They certainly have nuch targets, but whether they can bridge those targets home yeah, it is about i think its three weeks a month ago in politico, they had identified what the narrative was going to be, the talking points for Foreign Policy. And they came up with dont do stupid and they used the s word but it can be replaced with stuff. So dont do stupid stuff. And reading it at the time, it was a reasonable thing to say. When youre too out there in the world sort of trying to take care of americans interests, we see what happens. So when you dont do things, youll get the benefit of the doubt for most of the time by not doing stupid stuff. But i think they might not be saying that right now. Like that narrative or that explanation of a month ago rings more hollow at this point. Because by doing absolutely nothing and pulling in and then the rest of the world dictates the outcome of a lot of things where we do have an interest in and we seem to be watching it happen and responding to it after it happens at this point. Yes. Although i think the administration is still trying to apply that doctrine to the situation because theres no and air strikes and guarantee that anything they do is going to solve this. We would on yesterday with jack jacobs, saying you need to keep a strong lid on to control this. The one thing we did decide to be proactive on was abdomen attempt with get mow to bring this guy back. You had a plurality of people saying not a good idea. There were some policy things that were good for the president. You had a majority agreeing with his armies about carbon emiss n emissions and the private rule. But its like number 16 in terms of what people worry about. Yes, yes. And on the va, which you mentioned before, 61 say the problem with the bureaucracy, its not obamas fault. But again, its an accumulation of things that we talked about that are just weighing him down and making people feel hes walk so that you get a majority of people when youre asked, is this president capable of leading the country getting the job done . The majority now says no. Were you surprised . I thought the answer on the taliban prisoner exchange, only 44 say they shouldnt have made the exchange. 30 say they should have made the exchange and 25 had no opinion. Is that normal, the 25 had no opinion on that issue . Well, a lot of people have either no opinions or very shallow opinions on things. And when you get into a question of a wartime prisoner swap, i think many people justifiably, in fact, i would put myself in that category, as well, arent certain exactly how powerfully to take the admonition the president mentioned of we never leave anything else anybody behind, therefore, you make a lopsided swap versus looking at it and saying one guy who walked off his base for five, that really, really bad taliban fighters doesnt look right. So how you balance this i think people arent intuitively comfortable with that and im not, either. Hey, john, im sure youve been asked about hillary in the poll, but watching this play out, this was supposed to be a gentle way to sort of get some talking points up for the upcoming campaign. This is results on really poorly. And now that its sold too big to fail sold more than that in the first week, right . Did sorkin get an advance . No. And heads are going to roll at that place that gave out that advance. This has not been she lost ground with this. Well, i dont know if shes lost ground or not or if she has whether it matters in a lasting way. But two quick points about hillary. One, within the democratic party, exceptionally powerful. 75 of democratic voters give her very high marks on all the core attributes. But in a general election, its more of a mixed picture. Only 38 say that shes honest and straightforward. On the other hand, youve got a majorities saying shes experienced and ready to by president. Thats a powerful asset. John hardwood, thank you, sir. Appreciate et. When we come back, elon musks talks about getting to mars. Plus, how much would you pay for the worlds most faim famous stamp . Youre going to be surprised. Weve got the answer and it is remarkable. And it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. 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Its time for this mornings executive edge. Its does take two. Its just joe and myself this morning. It just takes two. Also, just joe and me, it could be myself, do you think in english . Yeah, english thats fun. Its a very anxiety producing it is. A lot of people go with i. Especially hollywood movie stars, they go with i all the time, even when you need a me. Sflu and me, you and i. They gave it to you and me, but you and i both decided to come you and i did. But not you and me. But the stars took the i. They always say that. Because your chances are better with i than you are with me. Forget about it. Yahoo becoming the latest giant to disclose the makeup of its workforce. 50 of yahoo s 12,000 workers are white. 39 are asian. Black and hispanic employees account for combined 6 of the workforce. Now, google first disclosed its de demographics last month. I dont know if this is a leanin thing. Is the disclosure a good thing, a bad thing . Is it necessary . How do you think about it . Normally i dont listen. And when we have this executive edge, sometimes i forget that were actually going to have to discuss things that each of us so z i dont know what you just said. But i know how a lot of times we have a lot going on and your reads are your reads and my reads is my reads. Ill tell you what happens. Dell me again the. Will you listen to me when i read . I will. Go ahead. So yahoo just disclosed the number the percentage of women at the firm, percentage of women at yahoo percentage of women in senior positions. Other races i got it. And this happened because google may be someone made the disclosure. Google was very disappointing. And there is a view in the valley that it is still a very male, very white group. And so the question is there are people who say what are these companies doing . Are they trying to disclose this stuff . And others say how are you going to change the valley until you disclose it. And its a new age company, a very pc company. Nbc is great for dericity to make sure its a great workforce. Sometimes i think they talk the talk and dont quite walk the walk. You think that they would because theyre so now and they seem to have it altogether. But is that a function now . Now youre getting where i think im going to read the next story because i dont know why that would be. I was going to mention Larry Summers name first just before i did it. And larry has a wrap on that because he yes. And that was a to this day, i think people never understood. And im not making that argument, by the way. He really wasnt able to hang on to it. Just to be clear kb the argument i was going to make was not about are you scrambling now . No, no, Larry Summers already moved in. Are there enough engineers for the women and how many women are we producing for the education . For a record 9. 5 million, do you know what a stamp collector is it a filitella, i think, isnt it . What . Be careful with that one. Lets look it up on google. But its ph. I said it was an f. The British Guiana magenta postage stamp from 1856 is the only one of its kind to still exist. It was bought by an anonymous telephone bidder. Philately. And someone who does it, what does it say that person is . A stoomp collect he. Youve never heard that word before . No. You dont know what a stamp collector is called . Stamp collector. I used to collect stamps myself and and you didnt know you were a philatela . It was at a southbys auction. Did you know notice whenever you look up a word on the dictionary, youre supposed to listen to how its said in the new age here. We dont speak that so i never know what to do. All right. Coming up, what kind of Economic Forecast will the fed give the markets today . Were going to have some predictions for you ahead. But if you were to do that in front of alex, you know what he would do now . Lths so annoying. And does he tell world new another smartphone . Jeff bezos thinks so. 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