James copland come senior fellow with the Manhattan Institute for policy research and director of legal policy for the institute. Todays event casts is sponsored in cooperation with the Manhattan Institutes new policing and Public Safety initiative and we are pleased to welcome senator tim scott, republican of South Carolina. To discuss with us federal criminal Justice Reform. Senator scott is someone i look up to a lot. Hes a South Carolina senator. Im a North Carolina boy, and senator scott is somebody who in initial primary, those who watched him he defeated Strom Thurmond sent in the primary which is abuzz live in the south realize taking out in the primary the son of a long time leader is something that is quite remarkable. I dont care if youre white, black approval but senator scott of course is a black man in these only the fourth black man to serve as a u. S. Senator since reconstruction along with the great edward brooke, of course barack obama and my Law School Buddy cory boo
Look up to a lot. Hes a South Carolina senator. Im a North Carolina boy. And senator scott is somebody who in his initial primary, he defeated Strom Thurmonds son in that primary. We realized taking out in a primary the son of a longtime leader is something thats quite remarkable. I dont care if youre white, black or purple. But senator scott is a black man and only the fourth black man to serve as a u. S. Senator since reconstruction along with the great edward brook, barack obama, and my Law School Buddy cory booker. Theyve worked together in a number of efforts. Part of the area where senator scott has really reached across the aisle is the area were talking about today, criminal Justice Reform. And the senator opened some ears and minds in conservative circles where he talking about his experiences with the police, being stopped disproportionately, even in the Capitol Building where he serves as a senator. Lets lead off with that. Its an important topic. How is your thinking on the
Billion dollars from the police budget. Guess what, aoc says it does not go far enough. Well get reaction from Deneen Borelli coming up. That and much more coming up on making money. Charles well the bias of the market has returned to the upside. Whirlwind whipsaws continue, wild gyrations. I think theyre telling us something. Surges into the close and to the upside. Preopening action we saw the market really steep declines. They were erased on jobs data that were better than expected. They actually werent but i think the vaccine hopes gave us a push and rally faded on manufacturing data that was better than expected. Does the street want good but not great data . How much of a gamechanger would be the Coronavirus Vaccine be for this market . Lets ask kaltbaum investment geir which Gary Kaltbaum and bny mellon strategist, Alicia Levine we know this would be a gamechanger, but how much would it be . 3 to 4,000 points to the dow, charles. They were working well until the numbers started
Particularly the socialist wing of the party have long sought to alter american institutions to fundamentally change american life, to transform american society. Many leaders of the left obviously believe that the brutal death of george floyd in custody of the Minneapolis Police was their moment to begin their longdesired revolution. And for several days, it appeared those radical dems, those leftists, antifa and other groups might have judged well their moment as democratic mayors and some governors surrendered streets and neighborhoods to the mobs. But this evening it is apparent that is Democratic Party is that which finds itself in the midst of fundamental transformation. The left and their radical factions are trying to change, and change first they must, the Democratic Party. The left has clearly gone mad in the effort and may well have taken much of the Democratic Party with them already. After Demonizing Police for the past two weeks, Corporate Leaders and Television Networks
Dems, those leftists, antifa and other groups might have judged well their moment as democratic mayors and some governors surrendered streets and neighborhoods to the mobs. But this evening it is apparent that is Democratic Party is that which finds itself in the midst of fundamental transformation. The left and their radical factions are trying to change, and change first they must, the Democratic Party. The left has clearly gone mad in the effort and may well have taken much of the Democratic Party with them already. After Demonizing Police for the past two weeks, Corporate Leaders and Television Networks are pulled policerelated shows off the air. A e, which is in part owned by disney, pulled the Popular Program live p. D. Viacomingowned paramount network pulled cops, also facing pressure to end their Childrens Program paw patrol, for crying out loud, because it depicts a german shepard as a cop and does so favorably. The left supports these cancellations of shows because they recog