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U.s. companies can t afford to invest in themselves and keep up with their capacity. the chinese know this. if we re getting our steel from friends in korea, that would be great except for the fact that you can t defend those logistical supply lines across the specific with the navy that the chinese is building up to make sure that we can t. we have to have a domestic capacity. the only way to deal with that is to protect our domestic production from this glut that has driven down dploebl prices. it doesn t matter whether we get steel from china or oil from saudi arabia. when they re gluting the market they can put your companies out of business. the chinese communist party has been planning all along. austin? look, we re talking about getting steel from canada. there s a highway from canada to the united states. two-thirds of the steel we use in the united states already comes from the united states. and we can t get past the fact ....
And with the risk of default still with us, the fitch rating industry has put the united states on notice. it s threatening to downgrade the united states aaa credit rating. yes, i know, moody has done that but fitch didn t. what exactly is that going to mean? the last time it happened, the s&p removed that sterling aaa credit rating, stocked nose-dived. but not much really changed in the long-run. we re all worried about what s going to happen when the clock strikes midnight tonight. no worries, no pumpkins. here is what could transpire and it is serious. the global stock market could crash. there could be a dploebl recession. money market funded could collapse which would result in a run on banks. some financial institution could fail and that could result in ....
A alwine. he has taken time off work to vote. you support the governor? right. you have the classic right and left issues. particular to the election, you have the elephant in the room which is human rights. for me personally in the dploebl economy we have today, unions don t serve the same purpose as they did a couple of decades ago like osha. i m more for allowing the free market to run its course. reporter: this is a polarizing issue for the state and your family. your newlywed wife supports recalling the governor? yes. reporter: how is that working out at home? it makes for a dicey dinner conversation. we try to stay cordial about this. reporter: people want this to be over so you move on. that will probably help job creation as well. sure. ....
If she has passed on the torch to others, what is that torch? what lies ahead? it s a torch for unfinished business, a full employment, economy. also, national peace. we were together in south africa some years ago. she was marching in south africa for rights. the blood that units us is strong. she had a sense of dploebl peace, but her sense of equality, women should never retreat from their rightful place at the table. her assertion of women s rights at the table in the particular things she did. reverend jackson, it s always a pleasure when you decide to join me. thank you. thank you. here s a look at some of the events we re watching. in one hour, president obama will speak at an event honoring the national teacher of the year. ....
1787. he s not interested in the checks and balances that madison gave us. and the second part is this is a political strategy. this isn t about the constitution. this is about trying to get him out of trouble and create a diversion from what bob mueller is looking into. welcome to morning joe as we back into everything this morning. it s tuesday, may 22nd. with us we have msnbc contributor mike barnicle. fellow in global and comparative politics mike, not to keep interrupting. mike backed into a garbage truck the other day. they re going to take his license away. mike no. kids are trying to take away your license, aren t they in. sort of, yeah. all right. fellow and dploebl in comparative politics at the london school of economics, brian closs. how are the twins doing? not good. what s happening with the twins right now. they had a good start to the season and fell apart. what s happening? they won yesterday, in the eighth, they came from behind. overal ....