Staff writer at the new yorker and hes out with a know book called true crimes and misdemeanors the investigation of donald trump in which he argues that the medias reporting during the mo a probe may have actually helped the president lets find out why as Jeffrey Toobin joins me from new york i must say jeffrey this is your 8th book i read all previous 7 and i just started this one you have an uncanny ability to take legal problems and put it in laymans language i must salute you well and i salute you larry what a pleasure to be back on the air with you know you know i you know i really you the beginning of my Television Career as with you during o. J. At your studio and all of our what i used to describe it is like a salon for o. J. People because youve met everyone every every Single Person involved with the o. J. Passed through that studio and i did some of might. Best reporting in the green room there but your friendship and your support for my career was was indispensable at a ti
20 to 30 years. To work on your many years you are to believe that we are put out on a very dont know what were going to do it really started in the late seventies when these companies were able to move their production offshore so you saw the ending of a number of Steel Companies the shifting of manufacturing to the global south where the wages were lower where the environmental rules were not either existant or enforced and thats the beginning of this concept of these transnationals they have the technology to do it they had the Transportation Systems to do it and frankly governments werent stopping them. Remember one day i was working on. The boss come up to me and says thats it were going home. I thought were going home early why is because were closed and you could be closed doors on us or. I dont know what to say. Its a crying shame really is. I was a long time or a democrat. But this last election before it came along i switched parties i switched parties on the republican now a
Questioning its safety and whether or not it will actually bypass Central Banks well for more on this were joined by political host ben so on and christiane i ben lets start with you because this is something that weve talked about multiple times on this show that the fed will soon attempt to create its own Digital Currency now i think its fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular Bank Accounts well essentially thats probably what would happen i guess thats what theyre trying to get in my teeth to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats ridiculous termino
You the same question a you or d an l because that will really dictate what kind of policy is necessary to get out of this lump go ahead ben. Well i think policy has a lot lou with what type of shape it is so right now were in a flat line and its because we have shutdown orders that are essentially telling people not produce so the question is when shutdown orders are lifted what the normal Economic Activity and recovery look like and i dont think it looks like a b. Because that would imply that were going back to the economic world we all lived in at the start of the year but the virus is still going to be with us so opening back up means taking account of that and weighing that in our economic transactions so restaurants working at half capacity or a 3rd capacity whatever customer is an entrepreneurs the state airlines that much less than capacity all of these things dont abide by bouncing back to where we were no i think whats important is that we dont have dumb Government Policies
Missing and so on so we have another catastrophe he dana did out of so we should and should because. My smart ass. Exploding United States. Should be almost on the borrow some guy those of you who are United States may soon be sleeting into the state of those who wear masks in the state of those who are. In d. C. Economic prosperity we dont know numbers from here or from the United States we. Base the. States on. A certain european state your legs are just getting to me and so on you can do the same. And finally. The. Guy says hes mentally. Ill low in your. Job but i dont own a racist photo do you know who is the 1st signs under irrationality. You know like in germany those demonstrations in believing almost printed out. And its not. In any no i mean its just. A look at. This you would be divorced in the United States. I steer almost this type of psyche. And i use this. You gave a. Breakdown you is a father. You just get enough of these in huge dumps too many. Conspiracy e. O. D. No yo