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domestic terrorism. white supremacy is a poison and it s been allowed to fester and grow right in front of our eyes. we need to say as clearly and forcefully as we can, that the ideology of white supremacy has no place in america. there s certain things that we can do. we can keep assault weapons off our streets. we ve done it before. i did it when we passed the crime bill last time and violence went down. shootings went down. dana: comes amid an enormous surge of violence over the weekend. 17 people were shot in a single incident in downtown milwaukee. in chicago, at least 33 people were shot and five fatally so. chicago mayor lori lightfoot banning unaccompanied minors from millennium park in the wake of a 16-year-old s fatal shooting there and gun homicides reaching their highest level in 25 years during the covid pandemic. so lots to get to on this particular topic and the rest of the show. jesse, where do you land on there s a crime that happened, the massacre in ....
Neither are larry summers and morgan stanley came out yesterday and specifically said the 40-year highs in the inflation are due to the american rescue plan and excess stimulus. that s what larry someers was saying for a long time. they ve written off their right wing and i say from the middle, right, all the way to the far right. they ve written off all those people. but they re not even listening to the people who want them to succeed. and that is why they have these blind spots. try to claim they re cutting the deficit and they got laughed at by liberal fact checkers. geraldo: bezos, though, particularly and amazon, what do they pay? they avoided $5 billion in tax. they pay a 6% tax on $35 billion. you know, bezos, buffet paid 3.4%, emily, in taxes. it seems that the rich guys who biden the biden administration s credit, the rich guys are skating when it comes to paying. dana: that doesn t have anything to do with inflation. geraldo: that s true. ....
Somers was flat out wrong on his fears over inflation. responding to the claims that inflation will come down next year saying i hope she s right but i think it s much less than a 50/50 chance. he goes on to say if the treasury cannot fully recognize the inflation reality, they are unlikely to deal with it successfully. let s bring in our panel, president of the american action forum and former c.b.o. director. and the chief economic advisory at allianz and great to have you both. how do we look at this? clearly, larry somers is looking at the situation saying we re looking at a congress that is willing to back more massive spending plans under the current administration and how can prices ever come down if you continue spending all this money. i think the facts are more on larry s side here. we have wage inflation in 5%, ....
Police away from the job following the death of george floyd. omar says she intends to back a ballot measure that will replace the entire police force with the department of public safety. not sure exactly what the difference would be between a police department and the department of public safety. but blaming police for the rise in crime? sandra: one would assume a lot of differences including whether or not that person arrives in your home in an emergency is armed and the capability and the training they receive, john, the morale of these police departments is brutal at a time where a city like that is facing a spike in crime that is driving a lot of the residents away. and really hope somebody finds a solution to the situation. just brutal. all right, we ll have more on that coming up. meanwhile, big questions over inflation and whether the biden administration is ignoring what s happening. are they losing control of the situation? former treasury secretary larry someers, i should ....
Beyond the politics is going to actually help obamacare signature achieve him, actually convince american people this is the way to do it. this is the way to go. tail be able to shop for insurance on these exchanges. they ll see for themselves beyond the political rhetoric that this can actually help them. so i think that s what may be energizeing as well. i think the president is in a slump. i think the reason for it is he s lost the narrative as to why he s president i think in his first term he wanted to get the health care lawdown done. now he has to defend it said of moving on. he didn t envision himself as a president struggling decline out of an economic recession. he is sick of having to deal with exactly the same economic problem that congress is getting very much in his way all the time as he tries to fix. he hasn t gotten on to move on to whatever is new. i also think much of the blame lies in the white house on this i think the larry someers nom nation a key example of th ....