good morning. and welcome to our first show. where every saturday, i ll sit down with some really smart people to discuss the biggest stories and what we hope will be a different way. today, we re asking, with mounting pressure on president biden, to call for a cease-fire in gaza, how much say does he really have in what israel does? plus, legal challenges now, to keep donald trump off the ballot. should judges or voters decide his future? and later, a hot topic for parents and kids. should schools ban students? from using cell phones? our panel here is all ready to go. sit back, and grab your coffee, and let s talk about it. first, our saturday starter. president biden walking a diploma diplomatic tight rope as israel continues the offensive in gaza am response to the horrific attack by hamas last month. secretary of state blinken is back in the area this week. getting more humanitarian aid in gaza and more hostages out. here at home there are growing calls for israel to
Recovery success. I think puerto rico was incredibly successful. And i actually think it was one of the best jobs thats ever been done with respect to what this is all about. I think the puerto rico was an incredible, unsung success. No ones saying that success because its not true. Billionaire president versus a trillion dollar company, weve also got that in sight, apple set to unveil a new slate of iphones today, but with the president s trade wars threatening higher price, will the company be forced to think different . And ten years ago this week, i remember it well, Lehman Brothers collapsed, setting off a chain of events leading to the worst financial crisis since the great depression. So after a decade, have we learned any lessons . You know, we have got to begin with the the storm of a lifetime. Max, thinking, am i going to have a home to come back to . God spare us, spare myrtle beach, spare everybody whos in line with this. Because this looks like its going to be the worst on
that you can regulate. we probably do more, right here in the news media, when we are behaving ourselves, for the good of the economy than any amount of federal regulation. i mean, federal regulation is conducted by some guys out of law school, folks out of law school and a raid against them million dollar law firms. this is the issue, regulators, little guys who show up in suits and a clip board setting rules for those who make tens of millions of dollars. if you deregulate, everyone wins. you know, this is not my wheelhouse, but i know one thing. folks are greedy. folks have been greedy. you don t have to be a republican or democrat, it s human nature. people are greedy. greed has been the overarching value since that economic collapse.
poor would be out there ripping off, mainly each other. there aren t enough rich people to go around. so sooner or later you run out of other people s money. you only get transparency if you put rules in place. the night before lehman collapsed, i was standing on the highway begging for someone to baby sit my child because we had to go to work. banks are not going to be transparent unless you force them to. why would they? correct. bank regulation, as you said is stronger than it used to be. both at the national level and international level. that is helpful. helpful except gary cohn is saying, we need to deregulate. banks are in such good shape because we force them to hold such money in reserves. that international level of,
2% and you asked gary about that and he thought three was not unreasonable. he did not think three was unreasonable. he said listen shs on, once you deregulate, it could happen, betting on that, come on now. let me show the viewers what estimates in 2017 are for the american economy. goldman sachs get to the high 2% and gold man and the world bank, all of them all say we re taking into account the fact that there might be tax reform, that there will be a pull back in regulation. nobody gets to that place. he was the president of goldman sachs and his own former employer doesn t share his optimism. the fact that these views are based on tax reform, if we don t get through health care, are we going to get to tax reform? no. if we don t, then what? the tax reform or a big tax cut come in large part from the savings that you make in the health care bill. so if you don t get the health