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Transcripts For MSNBCW The Cycle 20150605 : comparemela.com
Transcripts For MSNBCW The Cycle 20150605 : comparemela.com
Transcripts For MSNBCW The Cycle 20150605
Very hard to trace back. Its anonymous and
Chinese Government
is against any form of cyber attack. Were very fluent on this. We hope the
United States
can discount this suspicion and stop groundless accusation. Just this week the
New York Times
nsa expanded their to include hackers. How the u. S. Could and should retaliate to
Cyber Attacks
and also in question is the ability of washington to saveguard information on his own employees. Alex seitzwald has more on the white house response. The president has been talking about the idea of
Cyber Attacks
with the chinese for years now. What is the administrations line this afternoon . Reporter not a whole lot of new information in the briefing just moments ago although he did refuse to point fingers at china and called on congress to pass more stringent
Cyber Security
regulations and tout d with the administration has done on its own. Heres what he said. Back in april, the president using his executive authority signed an executive order giving the
Treasury Department
Additional Authority
to use economic sanctions to punish or hold accountable those who are either responsible for a cyber intrusion or are benefitting from one. This is an example of the president using his executive authority in a way that reflects a demonstrates his comprehension of how significant the cyber risk is right now. Reporter krystal, we did learn more about the time line of this attack. Josh earnest saying it began in september and they discovered it in april and confirmed it may and were finding out about it now. They were in the system for several months. Very troubling stuff, alex seitzwald, thanks for that report. Shawn henry, former assistant director at the fbi and president of crowd strike services. Glad to be here. Interestingly this time it wasnt ip that the chinese stole, they stole personnel information here. What do you expect they plan to do with this data . Let me be clear about one thing first. State
Department Just
came out a little earlier they have not confirmed its china. Theres been speculation that its china. It would not surprise me if it was china but there are a lot of adversearyies interested in that nchings. If its china or
Intelligence Service
the fbi says it is likely china. Theres some speculation, it will take a lot of time. A lot of ekz able to do it . No doubt. The adversaries are many. The capabilities are high across this group. Terrorist organizations, criminal organized crime groups and nation states all have that capability. If its a foreign
Intelligence Service
they may be very well looking to identify people in the u. S. Government to have access to certain sensitive areas. People they might actually try to kproe nies in the physical world, they might look to try to flip somebody or gain information on them to get them to provide information and access to highly classified u. S. Operations. So it could be collecting dosiers on individuals to then turn around and use it against in a spy campaign. The timeline of this as alexseitz wald is reporting, this happened in december. We didnt find out about it until months later in april. It makes you wonder what they are not capable of doing. Our approach to this is it impossible to stop . And what does it say about us that we go first to china immediately when this breaks . First of all, the access that the adversearyies is is high. They are in networks for weeks, months and years completely undetected. When you finally do an analysis of the network, you find them been there with unfuterred access to the data. You wont be able to prevent all of the incursions but what the government needs to do better put in
Place Technology
analysis and intelligence to detect attacks as they begin. If you can detect them early, you can stop and mitigate the consequences of the attack. If they are in there for mosz and years, bad things happen. It appears it has not compromised the identity of covert personnel. But even knowing that or if you believe that is true does that change the mission . I dont know theyll take those actions right away. As part of the investigation, you do a
Damage Assessment
and look to see where the adverse varies access and what type of information were they able to exfill trait, theyll look for indicators to tell them the full scope and complexity of what occurred. The news of this massive hack is breaking at the same time new snowden documents are showing other parts of email monitoring going on to deal with the hacking threat and a new oped, many talking about it were witnessing the emergence of a post terror generation that rejects a world view defined by a singular tragedy for
First Time Since
the attacks of september 11th the outline of af politics that turns from reaction and fear in turn for resilience yens and reason. Hes referring october tof course to the patriot act. Do you think its do to his leaks . There will be constant changes in this as people become more aware and familiar with what the types of attacks are. The responses are going to change based on peoples comfort level. Security is always a balance between privacy and
Civil Liberties
and security. We rebalance it because of his leaks. Did the u. S. Government rebalance it . I think that the congress is being responsive to some of the concerns that the public has expressed. Thats their job as representatives. As those changes are made in the security post tour if we see attacks, the pendulum will swing back the other way. Constant reconfiguration. We always appreciate your expertise. Thanks, glad to be here. Weve got a jam packed show still ahead on this first friday of june ari knows its true and so do you, one president ial hopeful is not feeling the summer love. Find out who is blaming president obama for that cyber attack we just talked about and speaking of blame, new allegations against a man who was once third in line to the presidency, also its the tgif jobs report. What do we have to be thankful for . Well ask jared and peter, wall street is not feeling so thankful at this hour. Well get a check on the markets ahead and theres no horsing around guys
Belmont Stakes
this weekend. Krystal american pharaoh wants to wear the triple crown. Silly. All of this and more. It is june 5th, 2015. When i started at the shelter, no one wanted benny. So i adopted him. Hes older so he needs my help all day. When my back pain flared up i was afraid i would have to give him away. I took tylenol at first but i had to take 6 pills to get through the day. Then my friend said, try aleve. Just 2 pills, all day. And now, im back for my best bud aleve. All day strong. And try aleve pm now with an easy open cap. It takes nature 90 days to grow the most golden oats. 7,200 hours to create the purest honey and, it only takes you 3 minutes to enjoy it. Perhaps we made it too delicious. Nature valley, nature at its most delicious. You are looking at two airplane fuel gauges. Can you spot the difference . No . You cant see that . Alright, lets take a look. The one on the right just used 1 less fuel than the one on the left. Now, to an airline a 1 difference could save enough fuel to power hundreds of flights around the world. Hey, look at that. Pyramids. So you see, two things that are exactly the same have never been more different. Ge software. Get connected. Get insights. Get optimized. Your pet. Could you love him any more . Probably not. But now you can give them even more when you save with sentry® fiproguard® plus. With sentry® fiproguard® plus, your pet is just as protected against fleas and ticks as with frontline® plus. Because sentry® fiproguard® plus has the same active ingredients but costs less than vet prices. And saving money helps you buy. laughs happily more tennis balls. Sentry® fiproguard® plus available at these retailers. You wouldnt order szechuan without checking the spice level. It really opens the passages. Waiter. Water. So why would you invest without checking brokercheck . Check your broker with brokercheck. The blame game over the massive cyber attack has begun. Lindsey graham wasted no time blaming president obama of the breach. Warning of a cyber pearl harbor. Joining us now is
Francis Wilkin
son, member of the
Bloomberg View
i hadeditorial board. Morning joe talked about an issue most important to them. Lets take a look at that. The country cries out for somebody who can speak not only to the common man but for the common man and keep this country safe. We have almost unsolvable problems in front of us and isis is one. I think isil is humanitys problem, its our problem to we dont know who they are or where they are, that scares me. With
International Help
with the saudis and ran yans and israelis and with the turks and syrians, europeans and the russians. When you put together a very focused disciplined highly leveraged intelligent machine and then you use your military special operators to go in and eliminate isis. There are hundreds perhaps thousands of people like those radicalized garland texas attackers in this country. We need to have a national conversation, do people feel comfortable with the u. S. Government knowing so much about their lives. When you hold up this iphone, there are people who know exactly where you are. 10,000 troops left behind in iraq not because i want intervention but i want
National Security
for us. Unilateral mus car approach to the world. Going into iraq was a decision that knowing what i know today, i would not have gone into iraq. I dont think anyone would have gone into iraq. They need us. This is our war. How do you get out . You dont get out. Francis, a lot of takeaways, two a, aside from the economy,
National Security
will be the big debate for 2016. Two, how all the map our candidates are with the approach to the middle east. Im not so sure about that although we wont know what the case is on the republican side until we start seeing debates. Youve got an awful lot of candidates sounding an unlawful lot a like. We need to do more be tougher and harder. That particular group an we havent heard specifics on the trail because these are complex problems. As you alluded to there are a lot of people running on the right. I think its up to 300 or 400, we represented that yesterday with the great 80s sitcom just the ten of us. Throwback thursday here on the cycle politics meets late 80s comedy. If i can stay on the ball minute by minute might make the hall of fame. What can i say i love that show. Next week we have to use the great adult swim parodi too many cooks. Too many cooks. Too many cooks. Too many cooks. Too many cooks. Too many cooks too many cooks too many cooks too many cooks if you havent seen too many cooks, you must see it its extraordinary. But the size of the field does shape the field in and of itself, you have so many folks who have little to no chance, they have to have verbal bombs to be heard and shout to be heard. That shapes what the frontrunners must say and how we got into mitt romney say selfdeportation which was devastating to him in the general. The size of the field shapes it but it also is determined by who goes after whom and how they do it. For instance, youve got i would say at this point
Lindsey Graham
and marco rubio are trying to be the far right in terms of aggressiveness on foreign policy, most military militaristic militaristic, are they going to go after each other . Rubio wouldnt do that because graham is not noticeable. Is graham going to go after rand paul to climb over his back to get up in standings . We dont know how strategically they are going to apply that yet. I dont have an obscure pop cultural reference, i apologize in advance. Make a rap reference. Not today. But
Hillary Clinton
has been criticized widely on the right by the objective press and by plenty of liberals as well for the campaign shes running but sometimes when these stories change, people forget to notice it. I think her campaign fundamentally changed yesterday, what i saw out on the trail was her doing the first truly president ial
Campaign Level
speech at a big event naming the republicans she opposes and picking an issue that is important, i think obviously politically to her turnout and important to people from a neutral or objective perspective, the
Voting Rights
and civil rights problems were having in this nation. Let me play that for your response. I call on republicans at all levels of government, all manner of ambition to stop fear mongering about a phantom epidemic of
Election Fraud
and start explaining why they are so scared of letting citizens have their say. Scared of letting citizens have their say and talking about this sort of phantom menace and something many independent judges have noted, there is not an independent recurrence of serious high level voting fraud swinging elections, indeed the notion of getting thousands of people to all go to the election in a coordinated fraud has never occurred in the
United States
. And yet in so many states we see restrict irveg and what some courts called racist attempts to crackdown on the right to vote. Two reasons for that. Weve got clinton yesterday making a real battle line. Democrats have been a little weary of this because while everything you say is true voter i. D. For instance is still fairly popular. Its a popular issue and people thinks it makes sense you should have to show i. D. Before you vote. They dont get into the detail underneath. And forget we have a system from our founders that never required that. Thats right, i think she was very smart to focus on registration and make that a bigger issue, because thats really not something you can say, hey cant argue with that one. Its going to be hard to argue with that. And its a bold proposal suggesting ought mat inuniversal registration, something no state has which could be huge. We have chronically low voter turnout in the last midterm ee lerks. 36. 4 voter turnout, the lowest since world war ii. We have some of the lowest voter turnout of any developed democracy in the world. How much from a policy perspective would these how much of a difference from policy perspective would these changes actually make . The right is we dont know. The wrong answer which ill give you is probably not much. Really . Universal, every
Single Person
in the country . Of course it takes an effort to vote. You have to be willing to do it. If youre automatically registered its still going to take an effort to vote. Some people are alienated in the political system and continue to be aillien ated from the preliminary system. Thats why we need mandatory voting. Australia does it right. We need to redo our voting registration. Thats for another segment. Thanks for bringing us the bad news. I thought thats what you asked for. Coming up well checkup on the markets, another solid jobs report has wall street in the red. Krystal, why cant we all get along . I dont know, abby. Imagine if razors could move up and down and all around. Behold, new venus® swirl™. The only razor with five contour blades and a flexiball™. To contour to your tricky places, bends and all. New venus® swirl™ when a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be
Ready Anytime
the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Why pause the moment . Ask your doctor about cialis for daily use. For a free 30tablet trial go to cialis. Com is there such a thing as a sure thing in business . Some say buy gold. Others say buy soybeans. I say, buy comcast business internet. Unlike internet providers that slow down when traffic picks up, you get speed you can rely on. Its a safe bet. Like a goldplated soybean. Reliably fast internet starts at 69. 95 a month. Comcast business. Built for business. Stocks are mixed on fears the
Federal Reserve
might raise
Interest Rates
now that the country continues to improve. Drum roll please. Yes, jobs report friday. Yeah. The news on that front is mostly good. We added 280,000 jobs in may. And there was as there always are, revisions from march and april. Showed numbers stronger or as strong as previously reported. The
Unemployment Rate
went up a tad to 5. 5 . Thats because more people look for jobs in may. Those are the numbers. Analysis we now bring in the firm of bernstein and mauricei jared, pretty solid report here. Let me hit you with three numbers right off the bat, 120, 220, 280, thats the number in hundreds of thousands of jobs that weve added on payrolls in each of the last three months. Last month payroll up 280,000. If you take the average over the past three months weve added about 200,000 jobs per month. I hear the world solid a lot today. You used that word earlier. Its a right word. Solid, reliable recovery in terms of the job market. This is important and notable given the
First Quarter
gdp group was negative. The markets had a reaction that wasnt so up beat as you suggested and we see that sometimes when you get kind of good news for main street its considered to be less good news or bad news for wall street. Imagine that. So the idea there is that the idea there is that the
Chinese Government<\/a> is against any form of cyber attack. Were very fluent on this. We hope the
United States<\/a> can discount this suspicion and stop groundless accusation. Just this week the
New York Times<\/a> nsa expanded their to include hackers. How the u. S. Could and should retaliate to
Cyber Attacks<\/a> and also in question is the ability of washington to saveguard information on his own employees. Alex seitzwald has more on the white house response. The president has been talking about the idea of
Cyber Attacks<\/a> with the chinese for years now. What is the administrations line this afternoon . Reporter not a whole lot of new information in the briefing just moments ago although he did refuse to point fingers at china and called on congress to pass more stringent
Cyber Security<\/a> regulations and tout d with the administration has done on its own. Heres what he said. Back in april, the president using his executive authority signed an executive order giving the
Treasury Department<\/a>
Additional Authority<\/a> to use economic sanctions to punish or hold accountable those who are either responsible for a cyber intrusion or are benefitting from one. This is an example of the president using his executive authority in a way that reflects a demonstrates his comprehension of how significant the cyber risk is right now. Reporter krystal, we did learn more about the time line of this attack. Josh earnest saying it began in september and they discovered it in april and confirmed it may and were finding out about it now. They were in the system for several months. Very troubling stuff, alex seitzwald, thanks for that report. Shawn henry, former assistant director at the fbi and president of crowd strike services. Glad to be here. Interestingly this time it wasnt ip that the chinese stole, they stole personnel information here. What do you expect they plan to do with this data . Let me be clear about one thing first. State
Department Just<\/a> came out a little earlier they have not confirmed its china. Theres been speculation that its china. It would not surprise me if it was china but there are a lot of adversearyies interested in that nchings. If its china or
Intelligence Service<\/a> the fbi says it is likely china. Theres some speculation, it will take a lot of time. A lot of ekz able to do it . No doubt. The adversaries are many. The capabilities are high across this group. Terrorist organizations, criminal organized crime groups and nation states all have that capability. If its a foreign
Intelligence Service<\/a> they may be very well looking to identify people in the u. S. Government to have access to certain sensitive areas. People they might actually try to kproe nies in the physical world, they might look to try to flip somebody or gain information on them to get them to provide information and access to highly classified u. S. Operations. So it could be collecting dosiers on individuals to then turn around and use it against in a spy campaign. The timeline of this as alexseitz wald is reporting, this happened in december. We didnt find out about it until months later in april. It makes you wonder what they are not capable of doing. Our approach to this is it impossible to stop . And what does it say about us that we go first to china immediately when this breaks . First of all, the access that the adversearyies is is high. They are in networks for weeks, months and years completely undetected. When you finally do an analysis of the network, you find them been there with unfuterred access to the data. You wont be able to prevent all of the incursions but what the government needs to do better put in
Place Technology<\/a> analysis and intelligence to detect attacks as they begin. If you can detect them early, you can stop and mitigate the consequences of the attack. If they are in there for mosz and years, bad things happen. It appears it has not compromised the identity of covert personnel. But even knowing that or if you believe that is true does that change the mission . I dont know theyll take those actions right away. As part of the investigation, you do a
Damage Assessment<\/a> and look to see where the adverse varies access and what type of information were they able to exfill trait, theyll look for indicators to tell them the full scope and complexity of what occurred. The news of this massive hack is breaking at the same time new snowden documents are showing other parts of email monitoring going on to deal with the hacking threat and a new oped, many talking about it were witnessing the emergence of a post terror generation that rejects a world view defined by a singular tragedy for
First Time Since<\/a> the attacks of september 11th the outline of af politics that turns from reaction and fear in turn for resilience yens and reason. Hes referring october tof course to the patriot act. Do you think its do to his leaks . There will be constant changes in this as people become more aware and familiar with what the types of attacks are. The responses are going to change based on peoples comfort level. Security is always a balance between privacy and
Civil Liberties<\/a> and security. We rebalance it because of his leaks. Did the u. S. Government rebalance it . I think that the congress is being responsive to some of the concerns that the public has expressed. Thats their job as representatives. As those changes are made in the security post tour if we see attacks, the pendulum will swing back the other way. Constant reconfiguration. We always appreciate your expertise. Thanks, glad to be here. Weve got a jam packed show still ahead on this first friday of june ari knows its true and so do you, one president ial hopeful is not feeling the summer love. Find out who is blaming president obama for that cyber attack we just talked about and speaking of blame, new allegations against a man who was once third in line to the presidency, also its the tgif jobs report. What do we have to be thankful for . Well ask jared and peter, wall street is not feeling so thankful at this hour. Well get a check on the markets ahead and theres no horsing around guys
Belmont Stakes<\/a> this weekend. Krystal american pharaoh wants to wear the triple crown. Silly. All of this and more. It is june 5th, 2015. When i started at the shelter, no one wanted benny. So i adopted him. Hes older so he needs my help all day. When my back pain flared up i was afraid i would have to give him away. I took tylenol at first but i had to take 6 pills to get through the day. Then my friend said, try aleve. Just 2 pills, all day. And now, im back for my best bud aleve. All day strong. And try aleve pm now with an easy open cap. It takes nature 90 days to grow the most golden oats. 7,200 hours to create the purest honey and, it only takes you 3 minutes to enjoy it. Perhaps we made it too delicious. Nature valley, nature at its most delicious. You are looking at two airplane fuel gauges. Can you spot the difference . No . You cant see that . Alright, lets take a look. The one on the right just used 1 less fuel than the one on the left. Now, to an airline a 1 difference could save enough fuel to power hundreds of flights around the world. Hey, look at that. Pyramids. So you see, two things that are exactly the same have never been more different. Ge software. Get connected. Get insights. Get optimized. Your pet. Could you love him any more . Probably not. But now you can give them even more when you save with sentry\u00ae fiproguard\u00ae plus. With sentry\u00ae fiproguard\u00ae plus, your pet is just as protected against fleas and ticks as with frontline\u00ae plus. Because sentry\u00ae fiproguard\u00ae plus has the same active ingredients but costs less than vet prices. And saving money helps you buy. laughs happily more tennis balls. Sentry\u00ae fiproguard\u00ae plus available at these retailers. You wouldnt order szechuan without checking the spice level. It really opens the passages. Waiter. Water. So why would you invest without checking brokercheck . Check your broker with brokercheck. The blame game over the massive cyber attack has begun. Lindsey graham wasted no time blaming president obama of the breach. Warning of a cyber pearl harbor. Joining us now is
Francis Wilkin<\/a> son, member of the
Bloomberg View<\/a> i hadeditorial board. Morning joe talked about an issue most important to them. Lets take a look at that. The country cries out for somebody who can speak not only to the common man but for the common man and keep this country safe. We have almost unsolvable problems in front of us and isis is one. I think isil is humanitys problem, its our problem to we dont know who they are or where they are, that scares me. With
International Help<\/a> with the saudis and ran yans and israelis and with the turks and syrians, europeans and the russians. When you put together a very focused disciplined highly leveraged intelligent machine and then you use your military special operators to go in and eliminate isis. There are hundreds perhaps thousands of people like those radicalized garland texas attackers in this country. We need to have a national conversation, do people feel comfortable with the u. S. Government knowing so much about their lives. When you hold up this iphone, there are people who know exactly where you are. 10,000 troops left behind in iraq not because i want intervention but i want
National Security<\/a> for us. Unilateral mus car approach to the world. Going into iraq was a decision that knowing what i know today, i would not have gone into iraq. I dont think anyone would have gone into iraq. They need us. This is our war. How do you get out . You dont get out. Francis, a lot of takeaways, two a, aside from the economy,
National Security<\/a> will be the big debate for 2016. Two, how all the map our candidates are with the approach to the middle east. Im not so sure about that although we wont know what the case is on the republican side until we start seeing debates. Youve got an awful lot of candidates sounding an unlawful lot a like. We need to do more be tougher and harder. That particular group an we havent heard specifics on the trail because these are complex problems. As you alluded to there are a lot of people running on the right. I think its up to 300 or 400, we represented that yesterday with the great 80s sitcom just the ten of us. Throwback thursday here on the cycle politics meets late 80s comedy. If i can stay on the ball minute by minute might make the hall of fame. What can i say i love that show. Next week we have to use the great adult swim parodi too many cooks. Too many cooks. Too many cooks. Too many cooks. Too many cooks. Too many cooks too many cooks too many cooks too many cooks if you havent seen too many cooks, you must see it its extraordinary. But the size of the field does shape the field in and of itself, you have so many folks who have little to no chance, they have to have verbal bombs to be heard and shout to be heard. That shapes what the frontrunners must say and how we got into mitt romney say selfdeportation which was devastating to him in the general. The size of the field shapes it but it also is determined by who goes after whom and how they do it. For instance, youve got i would say at this point
Lindsey Graham<\/a> and marco rubio are trying to be the far right in terms of aggressiveness on foreign policy, most military militaristic militaristic, are they going to go after each other . Rubio wouldnt do that because graham is not noticeable. Is graham going to go after rand paul to climb over his back to get up in standings . We dont know how strategically they are going to apply that yet. I dont have an obscure pop cultural reference, i apologize in advance. Make a rap reference. Not today. But
Hillary Clinton<\/a> has been criticized widely on the right by the objective press and by plenty of liberals as well for the campaign shes running but sometimes when these stories change, people forget to notice it. I think her campaign fundamentally changed yesterday, what i saw out on the trail was her doing the first truly president ial
Campaign Level<\/a> speech at a big event naming the republicans she opposes and picking an issue that is important, i think obviously politically to her turnout and important to people from a neutral or objective perspective, the
Voting Rights<\/a> and civil rights problems were having in this nation. Let me play that for your response. I call on republicans at all levels of government, all manner of ambition to stop fear mongering about a phantom epidemic of
Election Fraud<\/a> and start explaining why they are so scared of letting citizens have their say. Scared of letting citizens have their say and talking about this sort of phantom menace and something many independent judges have noted, there is not an independent recurrence of serious high level voting fraud swinging elections, indeed the notion of getting thousands of people to all go to the election in a coordinated fraud has never occurred in the
United States<\/a>. And yet in so many states we see restrict irveg and what some courts called racist attempts to crackdown on the right to vote. Two reasons for that. Weve got clinton yesterday making a real battle line. Democrats have been a little weary of this because while everything you say is true voter i. D. For instance is still fairly popular. Its a popular issue and people thinks it makes sense you should have to show i. D. Before you vote. They dont get into the detail underneath. And forget we have a system from our founders that never required that. Thats right, i think she was very smart to focus on registration and make that a bigger issue, because thats really not something you can say, hey cant argue with that one. Its going to be hard to argue with that. And its a bold proposal suggesting ought mat inuniversal registration, something no state has which could be huge. We have chronically low voter turnout in the last midterm ee lerks. 36. 4 voter turnout, the lowest since world war ii. We have some of the lowest voter turnout of any developed democracy in the world. How much from a policy perspective would these how much of a difference from policy perspective would these changes actually make . The right is we dont know. The wrong answer which ill give you is probably not much. Really . Universal, every
Single Person<\/a> in the country . Of course it takes an effort to vote. You have to be willing to do it. If youre automatically registered its still going to take an effort to vote. Some people are alienated in the political system and continue to be aillien ated from the preliminary system. Thats why we need mandatory voting. Australia does it right. We need to redo our voting registration. Thats for another segment. Thanks for bringing us the bad news. I thought thats what you asked for. Coming up well checkup on the markets, another solid jobs report has wall street in the red. Krystal, why cant we all get along . I dont know, abby. Imagine if razors could move up and down and all around. Behold, new venus\u00ae swirl\u2122. The only razor with five contour blades and a flexiball\u2122. To contour to your tricky places, bends and all. New venus\u00ae swirl\u2122 when a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be
Ready Anytime<\/a> the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Why pause the moment . Ask your doctor about cialis for daily use. For a free 30tablet trial go to cialis. Com is there such a thing as a sure thing in business . Some say buy gold. Others say buy soybeans. I say, buy comcast business internet. Unlike internet providers that slow down when traffic picks up, you get speed you can rely on. Its a safe bet. Like a goldplated soybean. Reliably fast internet starts at 69. 95 a month. Comcast business. Built for business. Stocks are mixed on fears the
Federal Reserve<\/a> might raise
Interest Rates<\/a> now that the country continues to improve. Drum roll please. Yes, jobs report friday. Yeah. The news on that front is mostly good. We added 280,000 jobs in may. And there was as there always are, revisions from march and april. Showed numbers stronger or as strong as previously reported. The
Unemployment Rate<\/a> went up a tad to 5. 5 . Thats because more people look for jobs in may. Those are the numbers. Analysis we now bring in the firm of bernstein and mauricei jared, pretty solid report here. Let me hit you with three numbers right off the bat, 120, 220, 280, thats the number in hundreds of thousands of jobs that weve added on payrolls in each of the last three months. Last month payroll up 280,000. If you take the average over the past three months weve added about 200,000 jobs per month. I hear the world solid a lot today. You used that word earlier. Its a right word. Solid, reliable recovery in terms of the job market. This is important and notable given the
First Quarter<\/a> gdp group was negative. The markets had a reaction that wasnt so up beat as you suggested and we see that sometimes when you get kind of good news for main street its considered to be less good news or bad news for wall street. Imagine that. So the idea there is that the idea there is that the
Federal Reserve<\/a> is going to intervene more quickly than we thought to put on the gas because the job market is heating up. I would say fed reserve be patient, hold your fire. This recovery still isnt reaching enough people. What say you, peter . 280,000 is a great month and like to get a lot more than 206,000 over the last three months less than we averaged in 2014. The real question was this a dead cat balance or has the economy now gotten new steam again . Going forward were hopeful were going to have a good second half. The doesnt sound like a stupendous number the growth rates have been closer to 2. How much of a difference half a percent make . A lot. It creates the capacity to start raising wages, which is what we saw. Now, today the immediate concern came up will the fed now raise rates in september. Even maybe in july as opposed to waiting to later in the fall or adds christine la guard said next year the answer is one jobs report like this doesnt tell the story. We need to see what happens in july. Im always amused how the market reacts, up and down and with so much concern and worry over one number. Remember this number too will be revised. I dont know if youve been in your kids room where theres clothes everywhere and its really messy, right. I have. You clean it up a little bit, it can look clean compared to how messy it was but still not a clean room. Interesting. We want to put the unemployment chart on the screen which shows this improving unemployment picture. In a certain way if you look at that, whoa its way better. Room is cleaner. But is this really in your view as an economist just a function of the fact that were coming off such a terrible financial crisis and it isnt that good the room is still messy so to speak . The room is messier than it looks. That graphic we may have killed this metaphor about 30 seconds ago. Ari killed it before. Dont worry about that. Ill keep fooling around with it. Ill tell you why. The
Unemployment Rate<\/a> looks better than the actual job market is. It makes it look like the job market is tighter, like theres less slack out there than there is. We still have an elevated number of involuntary parttime workers, 6. 5 million, we have a bunch of worker out of the labor force not counted in the
Unemployment Rate<\/a>. As the job market is heightened or room has become cleaner, weve pulled more people in and theres been a decline of over a million workers in the parttime involuntary group and thats good. The job market is tightening. What youre not quite seeing enough is enough wage growth in peoples pay packets that you would look at the
Federal Reserve<\/a> and say, we have inflationary pressures, better tap the brakes. You dont see this in room or economy, im not sure where we are in that. Peter, lets talk about wages, they did take up 8 cents per hour and weve seen on the year 2. 3 growth. Are we at a
Tipping Point<\/a> with wages and going to start to see increasing wage growth . I think we are. One of the reasons is that the skillset that we need in the labor force is not in great abundance. A lot of the jobs that are being created certainly pay low wages and will always pay low wages, were creating a lot of jobs in the
Service Sector<\/a> and manufacturing and
Business Services<\/a> that require very specialized knowledge. And businesses are having trouble finding those people. Also, a lot of jobs that we take for granted as not requiring say a ph. D. In economics, jobs working in an insurance company,
Financial Service<\/a> center do require people that are fairly intelligent that can solve problems. Businesses are having more trouble finding caliber of workers they want to find those jobs. They are very different than the people that serve hamburgers i think were to the point where the jobs that pay between 10 and 20 an hour will start to see a bump. The people at the very bottom it seems as though its an infinite supply of people willing to serve hamburgers for whatever the local minimum wage may be. Lets zone in on that issue. Los angeles approved it they are going to 15 minimum wage in 2020. The movement for 15 minimum wage appears to be growing. Jared, what would it do to america if the
National Minimum<\/a> wage everywhere was 15 . Well you know i think the thing about these local campaigns, i think theres a very positive attribute to this something that you have talked a lot about at your table there, which is that this is really grass roots democracy at work in the interest of a critical public low wage workers. I have a absolutely different view in the supply of low wage workers, this gives them bargaining power. If you look at the nation
Something Like<\/a> 12 by 2020 that is a plan introduced makes more sense where wages and prices are higher certainly its going to make a real difference in the lives of low wage workers, mg of whom have family. Take care. We want to take you to wilmington, delaware right now, the public wake for former attorney general beau biden in the third hour. It will go on throughout the evening as thousands pour in to pay respects to the
Vice President<\/a> s late son who won a year long battle with brain cancer at the age of 46. President obama will give the eulogy at beaus funeral tomorrow morning. My constipation and belly pain feel like a raging storm. Ive tried laxatives but my symptoms keep returning. My constipation feels like a heavy weight that keeps coming back. Vo linzess can help. Oncedaily linzess treats adults with ibs with constipation or chronic constipation. Linzess is thought to help calm painsensing nerves and accelerate bowel movements. Linzess helps you proactively manage your symptoms. Do not give linzess to children under 6, and it should not be given to children 6 to 17. It may harm them. Dont take linzess if you have a bowel blockage. Get immediate help if you develop unusual or severe stomach pain especially with bloody or black stools. The most common side effect is diarrhea, sometimes severe. If its severe stop taking linzess and call your doctor right away. Other side effects include, gas, stomacharea pain and swelling. Bottom line, ask your doctor about linzess today. And when you bundle your home and
Auto Insurance<\/a> through progressive, youll save a bundle [ laughs ] jamie. Right. Make a bad bundle joke a buck goes in the jar. I guess thats just how the cookie bundles. Now, youre gonna have two bundles of joy im not pregnant. Im gonna go. [ tapping,
Cash Register<\/a> dings ] there you go. [ buzzing ] bundle bee coming it was worth it saving you a bundle when you bundle now, thats progressive. Now to a still developing political story, former
House Speaker<\/a>
Dennis Hastert<\/a> who preceded nancy pelosi and john boehner is facing allegations from a woman who claims her brother was abused by hastert while he was a
High School Wrestling<\/a> coach. Here she is speaking with abc news. I asked him, stevie when was your first same sex experience . He just looked at me and said it was with
Dennis Hastert<\/a>. And i just i know i was stunned. I said why didnt you ever tell anybody, stevie . He was your teacher. He looked at me and said who is ever going to believe me. In this town who is ever going to believe me . And was it your sense this happened more than once . Uhhuh. And nbcs john yang is in our chicago newsroom. John nbc news has new information appearing to corroborate this report. Thats right, krystal, just this afternoon april friend of that womans brother, the brothers name is steven reinholdt told nbc news the friend who does not want to be identified i was hanging out in steves house in december of 1974, we went for a drive and he told me he was gay. He also said that his first sexual encounter was with
Denny Hastert<\/a>. Hastert is not being charged with any sexual misconduct. This abuse if it happened is alleged to have happened under state law at the time it is past the statute of limitations. But what he is being charged with in the federal indictment is violating banking laws withdrawing a huge large amounts of cash and then lying about it. He said he was keeping that money for himself. He told the fbi that he didnt trust the banking system. But according to the indictment he had agreed in 2010 with someone named individual a that they name as individual a who we dont know who that individual is it is not steven rin holdt, agreed to pay him 3. 5 million as compensation for behavior misbehavior toward individual a in the past and also to make sure that that misbehavior didnt become public. We have tried since the indictment to speak to
Denny Hastert<\/a> and weve had no response and tried to speak to his attorney since we learned that attorneys name and court papers. So far they are not making any comment. They are even confirming that they are representing hastert. Hastert is going to have to
Say Something<\/a> in public next tuesday when hes arraigned and enters a plea here in federal court in chicago. John yang thank you so much for your reporting on this story. Joining us now is caleb mason. Help us understand here do these new allegations have any impact at all on the government case against hastert . No i dont think so. According to the indictment the fbi was interested primarily in figuring out what these transactions were doing, what they were for. One of the purposes for contacting hastert that is set forth in the indictment was to determine if hastert was the victim of the crime such as an extortion attempt or kidnapping with somebody demanding ransom. And thats why they initially went to talk to him. What he is alleged to have done as your reporter said is to have structured his withdrawals from the bank to avoid the 10,000 reporting threshold and to have lied to the fbi about what he was doing with the money. And those are crimes chargeable and provable of such regardless of what he was doing with the money. It certainly is going to be relevant to proving these offenses if he was trying to cover up some underlying criminal activity from his past. Caleb, i thnk a lot of people understand why at the time this young boy didnt come out to talk to anybody. Its hard enough today for a victims especially at such a young age to come out and he didnt think anyone would believe him. Lets say he had come out four years ago and did talk to authorities and did try talking to teachers at the school would he have been taken seriously . I think given the climate in this country in the early to mid70s, with respect to sexual assaults by
Authority Figures<\/a> and with respect to
Sexual Orientation<\/a> generally, i think the climate was much less receptive to such allegations, keep in mind this is a period before the country had learned all that we now know about the long histories of sexual abuse with institutions such as the boyscouts or the various churches. And i think that its certainly credible that i person would not want to subject himself to the kind of public humiliation and disbelief and ridicule especially when bringing an allegation against somebody who was i think really a renowned local figure the way hastert was at that time. Thats well put and important piece of this story and why these stories matter to so many around the nation. I want to play more from the abc news interview, including this sister here regarding the alleged misconduct speaking about how long it took and her interaction with the fbi. Take a listen. Then two weeks ago, after she says she had given up hope that her effort to expose hastert would ever succeed, the fbi showed up at her door to ask her about her big brother steve and tell her
Dennis Hastert<\/a> was about to be indicted on federal criminal charges. There are no words to describe what it felt like to you know it was like stevie weve done it. Its going to happen. We got him. A knock at the door from the fbi. Walk us through how the authorities do an investigation like this which you were telling us might start with a different theory and ended with what were seeing in this indictment. Thats right, my guess is that there were two separate dots here that ultimately got connected. You had the one dot, which was apparently a history of reports from the family of at least one alleged victim and potentially others that had been made to various
Law Enforcement<\/a> officials and probably known to at least one federal
Law Enforcement<\/a> agency probably the fbi. They would be the agency that would be responsible for looking into allegations against senior elected officials. And then you had the second dot, which was the report actually by mr. Hasterts bank made to
Justice Department<\/a> and banking authorities regarding these large withdrawals. He was initially make cash withdrawals of 50,000 or more. When the bank called him in to ask him about those withdrawals, he immediately stopped making such large withdrawals and began making withdrawals just under 10,000. So any time that happens, that is going to perk up the ears of
Law Enforcement<\/a> because thats what we call instruct touring, an attempt to evade the requirement so nobody knows what youre doing with the cash. At some point, somebody connected these two dots right, you had agtsz asking why is hastert doing this. And then you look a little bit deeper and find out, oh, my goodness, there are also allegations of old sexual abuse claims and maybe these two are connected and at some point someone made that connection. Absolutely caleb, mason, thank you so much. Appreciate it. Up next the cycle turns to sports on a big weekend here in new york. I thought id have to give him away. I tried tylenol but it was 6 pills a day. With aleve its just 2 pills, all day. Now im back aleve. All day strong. Audible safety beeping audible safety beeping audible safety beeping the nissan rogue with safety shield technologies. The only thing left to fear is you imagination. Nissan. Innovation that excites. Your pet. Could you love him any more . Probably not. But now you can give them even more when you save with sentry\u00ae fiproguard\u00ae plus. With sentry\u00ae fiproguard\u00ae plus, your pet is just as protected against fleas and ticks as with frontline\u00ae plus. Because sentry\u00ae fiproguard\u00ae plus has the same active ingredients but costs less than vet prices. And saving money helps you buy. laughs happily more tennis balls. Sentry\u00ae fiproguard\u00ae plus available at these retailers. Lets celebrate these moments. This woman. This cancer patient. Christine. Living her life. Loving her family. Moments made possible in part by the breakthrough science of advanced genomic testing. After christine exhausted the standard
Treatment Options<\/a> for her disease, doctors working with the center for advanced individual medicine at
Cancer Treatment<\/a> centers of america suggested advanced genomic testing. The test results revealed a finding that led to the use of a targeted therapy that was not considered for christine before. Now, theyre helping fight her cancer on another, deeper level. The genetic level. This is precision
Cancer Treatment<\/a> an approach to care that may help patients like christine enjoy the things that matter most in their lives while undergoing treatment. The evolution of cancer care is here. Thats definitely something worth celebrating. Learn more about precision
Cancer Treatment<\/a> at cancercenter. Com. Appointments are available now. Thanks for the ride around norfolk and i just wanted to say geico is proud to have served the military for over 75 years roger that. Captains waiting to give you a tour of the wisconsin now. Couldve parked a little bit closer. Its gonna be dark by the time i get there. Geico. Proudly serving the military for over 75 years. They make
Little Hearts<\/a> happy and big hearts happy too because as part of a heart healthy diet, those delicious oats in cheerios can help naturally lower cholesterol. How can something so little. Help you do something so big. This the the year we could finally see another triple crown winner. Two thirds the way to the lofty goal, we talked about the horses prospects last hour. I see american pharaoh than other horses that ive been here with. It seems like american pharaoh, hes taking it pretty well and it looks like hes ready to go. One of the best in the business rehema ellis is also one of the best in the business and at the site of tomorrows
Belmont Stakes<\/a>. How are people feeling . Reporter everyone feels american pharaoh is the one to watch and this is the horse thats going to take the triple crown. Your fans out here and groomer, trainer, they all say he looks like the triple crown winner. He has a hall of fame winning trainer and experienced jockey. So can he do it . There is a couple of things that are going against him. History for one, there hasnt been a triple crown winner since 1978. In addition to that this track here at belmont park is a quarter mile longer than kentucky derby, 5 16 longer than the preakness. May not sound a lot if youre walking it but it you have to run against other thor thoroughbreds it may be a challenge. The others were based here in new york and trained on this field. Thats not the case for american pharaoh, its from california, having based at
Churchill Downs<\/a> most recently and it only came here this week trying to get the most could vetted of sports challenges. Indeed half of america will be watching rehema ellis, thanks for that report. Look at this man. If you had to guess from looking at him, what would you guess he used to do for a living . Was he a mid level irs agent . Tenured professor in the
Latin Department<\/a> or powerful man in
Major League Baseball<\/a> over two decades. Something tells me it was the last one. It was bud selig, in some minds his best commissioner then his tenure remains quite controversial, tolets welcome john, the author of the game a. A fascinating book about baseballs power brokers. Most of the book deals with the structure of bud seligs tenure. He raised revenue for owners significantly but oversaw the steroid scandal which was a massive embarrassment and problem for baseball. So was he good for baseball bad for baseball or little of both . A lot of both. A lot of both. 20 years. I think hes he belongs in the hall of fame. He did something that was next to impossible which was take 30 strongwilled centers of the universe and get them to work in the same direction, the owners of the game and unlock baseballs economic potential. Enlivened the game and the game prosperitied from 1 billion business to 9 billion business. Steroids is another story. You can complain about people missing it but we all enjoyed baseball when it was happening but how it was handled, unwilling to take any responsibility and blaming it all on the all on the players and the
Players Union<\/a> and scapegoating them and spending tens of millions of dollars doing it i think is a big negative. And still hurts the game. Lets talk about the
Players Union<\/a>, and in particular the longtime, very powerful head of the
Players Union<\/a>, don fear. He was in some ways the counterbalance to selig. How did they eventually come to a truce after that labor war . Great question. What you really have in this book is three people
George Steinbrenner<\/a> being the third, who want their vision of how this huge entertainment business and cultural force is going to be run. And in a time when unions were being ground out, he protected the interest of his players. I think most people misunderstood what his job was. His job was not to do whats best for baseball. His job was to do the best for his constituency. And he did a great job. The only time he fell was when the u. S. Government decided it was going to exploit steroids for political gain. And what was
George Steinbrenner<\/a>s vision then . George steinbrenners vision was first and foremost and only the yankees. He knew what he had. He knew it was an incredible property. He knew the brand. And he hired the right people to maximize the potential of that. I think baseball was really lucky that that all came together in 95, 96, 97 and you have a dynastic team. People that felt good about. So george w. Bush was owner of the texas rangers. It was a dream of his to become commissioner. And selig promised him hed help him get there. Did not follow through on that promise. Its fascinating to think how things might have been different. S if nating is one word for that. And its the hardest thing to get people to wrap their head around, that we wouldnt have had george bush as president. I mean he very much wanted to be the commissioner. Until you
Start Talking<\/a> about how he made the allstar game matter to the world series. Hes dead to me in my book. Thank you so much. Good luck with the book, sir. Stick with us through the break sir. When krystal imagine what is a female viagra ad might look like. Dont miss it. Ryan gosling. Im picturing a lot of waterfalls. I think it should look like they would want viagra. They would want some action. Today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. If youve had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. Time upon a once people approached problems the way same. Always start at the starting. And questions the same asking. But that only resulted in improvements small. So we step a took back and problems turned these insideupdown to approach them newly. And thats when we it saw. Garbage can create energy. Light can talk. Countries can run on jet engine technology. When you look at problems in ways different you new solutions find. Ortho home defense gives you year long control of all these household bugs roaches, ants, and spiders. Spectracide gives you year long control. Of just roaches. Their label says so. Got more than roaches moving in . Get home defense. The label tells the story. Some weed killers are overzealous. They even destroy your lawn. Ortho weed b gon kills weeds. Not lawns. Our label says it. Your grass proves it. Get ortho weed b gon. The label tells the story. Are you a woman . Um yes. Are you in a stable and committed relationship . Yes, why . Have you experienced a decrease in sexual desire . Well i mean i guess its not quite the same as when we were honeymooners, but that was a long time ago. Weve got kids now. Thats normal right . Are you distressed by this decrease in desire . Well i wasnt before, but now you may be suffering from hyposexual desire disorder. Oh, my goodness i have a disorder . Theres something wrong with me. Fortunately, the fda just approved flabancerin. Side effects may include yeah whatever, just give me the meds doc. Thank god its all going to be okay. So yesterday, after previously rejecting it twice, an
Fda Advisory Panel<\/a> backed a new drug, which is being called viagra for women. Advocates packed the
Advisory Committee<\/a> women, including women who testified to its power to improve their marriages and quality of life. But as with any drug it is important to read the fine print, starting with those grandsons roots advocates who effectively pressured the fda panel to change its mind. According to the
New York Times<\/a>, the participants in that campaign had been brought together by a consultant to sprout pharmaceuticals, the developer. And what about the incredible lifechanging benefits of this new drug . Dont get your hopes too high in that department either. The
Clinical Trials<\/a> found only a modest increase for women over those just taking a sugar pill. Women on the drug only had one more sexually satisfying experience per month than those on the placebo. And theres the side effects which are inevitable any time youre messing with the brains chemistry. About 10 of the women dropped out due to side effects, prompting one doctor to call the drug a mediocre aphrodisiac with scary side effects. Obviously,
Women Deserve<\/a> a satisfying sexual life and there is nothing wrong with making this a priority. But it makes me nervous when we start defining what exactly is normal in terms of female sexual desire. After all, normal varies by woman, partner, and whether or not your spouse did the dishes this morning. One report found that as many as 1 3 of adult u. S. Women may have hypoactive sexual desire disorder which makes this condition seem less like a disorder and more like the norm. Do women who feel distressed really have a problem . Are they being made to feel inadequate by a
Society Obsessed<\/a> with telling women how they should look feel, and behave . As one supporter of these drugs told marie claire magazine, she struggles with the pressure to be
Martha Stewart<\/a> in the kitchen and
Pamela Anderson<\/a> in the bedroom. So it looks like well have that competing for time with all the viagra and cialis ads. Maybe next we can get fda approval on a drug to make women feel less bad about themselves when they look at fashion magazines, because it sure seems like its the women who have the problem and need fixing. All right, that does it for the cycle. Now with alex wagner starts right now. Federal
Officials Say<\/a> china is behind what could be the worst cyber attack in u. S. History. Another alleged sex abuse victim surfaces in the scandal surrounding
Dennis Hastert<\/a>. Hillary clinton goes there. Naming names. Hillary challenges republicans over
Voting Rights<\/a>. She went after them by name. Former governor rick perry. Governor scott walker. Governor chris christie. Jeb bush. Systematically and deliberately trying to stop millions of american citizens from voting. We expected her to go big. She went even bigger than we expected. What part of democracy are they afraid of . One of the best days of her president ial campaign so far. Stop fear mongering about a phantom epidemic of
Election Fraud<\/a>. Just eight days to her first big 2016 rally, and official campaign kickoff,
Hillary Clinton<\/a> is naming and","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia802709.us.archive.org\/24\/items\/MSNBCW_20150605_190000_The_Cycle\/MSNBCW_20150605_190000_The_Cycle.thumbs\/MSNBCW_20150605_190000_The_Cycle_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240617T12:35:10+00:00"}