hi peter wealth first of all kudos to both you and the other peter i thought the framing of the show and his first explanation of where we stand were both excellent and i agree with most of what has been said a couple of mitigating concerns though even though i share your general point first let's let's take a moment to breathe a little bit more easily about korea a year ago we were much closer to war than i think we are right now there is no resolution of course on the crisis could get worse again but i'm quite encouraged to see that chairman kim and president trump and other key actors in that various parts of the diplomacy have actually pulled back a bit from the brink but let's go to your main point i agree with the concern i think that some of this is what professional militaries do to stay vigilant to maintain deterrence of each other but when you combine some of this with uncertainty about some key areas where we are interacting and the other peter already mentioned the south china sea in regard to russia we know that excuse me in regard to china we know that the nato countrie

. >> >> peter: so intense was it the state's fault at that point. there has been question whether it was the city or state who caused this and everybody's suffered politically. >> that question is being contested in courtrooms right now. but the state had the bulk of the responsibility here. the local government for whatever vote may might have made did not have the power of their vote. both the political authority through the emergency manager, the oversoipght responsibility of our department of environmental quality and our health and human services department, these are -- they had the bulk of the responsibility for the water crisis. >> peter: where is flint getting its water these days? >> they are back on detroit's water system. they are getting it from lake here on, one of the beautiful great lakes. the problem that the pipes were so corroded that switching back to the new water didn't solve it. those pipes need to be replaced. >> peter: who's paying for that? >> the state after a class action settlement. >> peter: would you drink out of a tap

peter: i did not know that. debby: and in 1970, he recorded one of the decade's most unforgettable love songs. >> ♪ it's impossible tell the sun to leave the sky it's just impossible ♪ >> ♪ everything is beautiful in its own way ♪ debby: remember all those beautiful songs from stage and screen? here's a show tune that became a number one hit from my wonderful mother-in-law, rosemary clooney. >> ♪ hey there, you with the stars in your eyes ♪ >> ♪ where do i begin to tell the story of how great a love can be ♪ >> ♪ jean jean roses are red ♪ >> ♪ what's it all about, alfie? is it just for the moment we live ♪ >> ♪ to dream the impossible dream to fight the unbeatable foe ♪ peter: oh, that is such a pretty melody. i love relaxing to music like that and sharing it with friends. debby: i think that is what makes "the music of your life" collection so special. it's filled with great instrumentals and beautiful ballads. ♪ >> ♪ there's a ship lies rigged and ready in the harbor tomorrow fo

. >> peter: doctor loudon, who is mad at who when it comes to politics. >> there is a lot of vitriol we saw in the midterm election and i think it's nothing that real communication that's honest and forthright can't cure, but i don't know that that's the direction we're going yet. i don't know if -- i think the average person out there wants to communicate with people that disagree with them, and learn from them, and listen to them, but the problem i believe and i wrote about this in "mad politics" is that we become click-bait media based media that af lot of times we're not given to opportunity to have the civil discourse or toco read a headline that's completely forth fright because everybody's competing for those eyeballs especially print media and especially cable news. >> peter: in your view has donald trump contributed to our political situation? >> gina: i know the answer would seem toal be yes but i don't thk that's been his intention at all. i think he is definitely a counter-puncher, i'm not going to smooth over any of that. i'm from the midwest and people from the midwest

she accused peter of murdering roberto aiello. >> peter moore has a lifetime of making threats. paul doesn't make threats to roberto, paul works with roberto. >> which is how parise presented paul to the jury. as you know, paul had a deeply troubled history with the law, violent sexual offense in his background, but the jury didn't get to hear about that. nor were they told about the dna that was found on the envelope contained in the bomb diagram. >> would the jury see the same paul moore that prosecutors saw? >> he's almost like a marvel comic book arch villain. he's bright, clever, evil as can be, and he's got a flaw to him. his flaw is his arrogance. >> the jury retired to think about it. they were not fooled. after five hours of deliberation, they walked back into the courtroom and declared paul moore guilty of murder. >> the judge sentenced him to life in prison. >> i remember driving away from the courtroom and my wife and i were together. and we just started crying, because we knew it was over. you know, i did a job, i went in there, i did my job. i told everything i kne

peter first of all kudos to both you and the other peter i thought the framing of the show and his first explanation of where we stand were both excellent and i agree with most of what has been said a couple of mitigating concerns though even though i share your general point first let's let's take a moment to breathe a little bit more easily about korea a year ago we were much closer to war than i think we are right now there is no resolution of course on the crisis could get worse again but i'm quite encouraged to see that chairman kim and president trump and other key actors in that various parts of the diplomacy have actually pulled back a bit from the brink but let's go to your main point i agree with the concern i think that some of this is what professional militaries do to stay vigilant to maintain deterrence of each other but when you combine some of this with uncertainty about some key areas where we are interacting and the other peter already mentioned the south china sea in regard to russia we know that excuse me in regard to china we know that the nato countries and russia h

peter: i see. edwin: the soviets always had large military forces in they always were using them to oppress or at least be a threat to a whole number of nations. the balkan countries and several others. the idea of an imminent threat i don't think was, at least, i can -- can't remember that being talked about. peter: prior to ronald reagan taking office, the military buildup -- of course had barely begun by 1981. did that change the psychology? was there some sense in which the american -- was there some sense in which ronald reagan as presence would have made the soviets think twice from the military point of view? edwin: i think the probability for the answer is yes. peter: but we don't know. edwin: the soviet union, brezhnev was on his last legs. as ronald reagan said, when it came to whether or not he would need with a soviet leader, he says i would meet with them brezhnev was on his last legs. t they kept dying on me. in 1985 he got a live one in gorbachev. that was very important. because at

. >> peter: how so? make that connection for us. >> george: because when people when a technology no longer is really serving its customers, in the end, it fails. and google is has an aggregate and advertise model, which is -- depends on collecting data from millions of customers free. and that's why all its goods are free because it wants to capture all the data of all its customers, and transform that data into a perfect guide for advisories. google knows what you want even before you know it yourself. and the advertiser can't aturn down that keel. but, at a certain point, when everything is free, there's the way the advertiser can make money begins to be constrained. google, free world is really in crisis today. it's not visibly in crisis because there's the top of their game, but digital equipment and ibm were utterly dominant forces in the previous era, and similarly, google and facebook, and all these companies are dominate but they have a fundamental flaw of escaping the obligations of security, a

and we love peter. so i'll make this brief. on this monday, october 22, 2018, the small business commission is honored to recognize peter kane for his 29 years of business. peter's clothing stores have served as anchor businesses in the castro. peter served on the board of merchants castro for over ten years that included several terms as board vice president. peter continued his leadership by helping -- by serving on the membership committee and year-end holiday committee where the castro is known for its inmay fui infamous christmas tree and other decorations. he has established body clothing as a fashion icon store in san francisco. and one of the things that i want to mention about this, too, is you know peter was the one that introduced children's clothing, women's clothing in the castro when there was no children's and women's clothing stores in the castro. and by changing up, that's why peter's store's continuing to thrive. it is this reason and many more that the small business commission is proud to recognize peter kan

supports peter in this. the argument is that it is big courts the need to constrain congresses own unconstitutional urge to avoid hard decisions by delegating them to an elected administrators. in other words, the book says it is essential to preserve the separation of powers by preserving the non- delegation doctrine. there are things congress cannot delegate. this would ensure that only congress will make the major governing decisions for the american people. thus the difference that we all know about of the courts to the bureaucracies under the chevron role would be corrected. peter, where the court believes congress has delegated an impermissible portion of its legislative authority to an meditative agency or with the president it should not hesitate to invoke the nondelegation doctrine thus the difference of the courts to the bureaucracies would be replaced by fortitude and enforcing the constitutional order. the difference in letting it be undermined would pass away. our author, peter wallison, is a se

senator peters. senator peters: mr. vitiello, according to the f.b.i., hate crimes in america have risen 17% just last year alone, i believe this is three consecutive years in a row we've seen hate crimes increase in this country. i think that's why it's imperative that certainly our immigrant community but minority communities all across this country have confidence in the u.s. government and in our leaders, particularly in key positions like the one that you have been nominated for. so my question is, are you familiar with the group federation for american immigration reform? mr. vitiello: yes, i am aware of that group. senator peters:: aware the group is classified as a hate group by the southern poverty law center? mr. vitiello: did i not know that. senator peters: somebody in your position, should you know groups that are classified as hate groups? mr. vitiello: obviously, agents and officers are -- swear an oath to the constitution and uphold law, public safety, community -- homeland security. obviously if we're r

peter: i believe oil was oversold. now that we've got opec plus talking about cutting supply, there could be more of a trend towards a fair value, something still higher than the current level, which would mean some of the tail risk that was starting to manifest itself in fixed income markets, downside to inflation, that could start to dissipate. that would mean we could get that policy unwind in bonds, retreating. they could mean upside and equity markets. i suspect not sufficient to offset downside risk still evident from elevated political risk in italy, and the feeling that the equity markets in the u.s. are still quite significantly overvalued. the u.s.ity markets in are still quite significantly overvalued? does that concern you? clearly, investors in europe are exposed to u.s. equities. peter: i'm concerned and happy all year that u.s. equities, when you look at them on a forward-looking earnings basis, discounted by rising rates, will be unable to maintain current levels of valuations. so my concern is you coul

peter: absolutely. and if i can drop another comparison with the past, the markets so far in this entire cycle have been underestimating the fed. and the market has continuously moved their own expectations higher. it is quite likely, understandable at this environment. as long as the equity market wobbles, it is clear the market is pricing less fed action forward. however, going forward, i'm pretty certain that it is not what will ultimately be delivered. matt: and powell will continue to take on trump quarter after quarter. peter: i don't think he is taking him on, i think he is more ignoring him. [laughter] anna: ok, important caveat. peter stays with us. we will bring you some of the stocks that are individually on the move, including standard charter, the british frank -- well,-- bank performing up by 1.9% this morning. this is bloomberg. ♪ anna: welcome back to the european open, we are 11 minutes into the trading day. it is thanksgiving, which means we could be a little light on volume. of cour

supports peter in this. and so the argument is that it's the courts that need to constrain congress' own unconstitutional urge to avoid hard decisions by delegating them to unelect add morers -- unelect add morers. in other words, as the book says, it is essential to preserve the separation of powers by preserving the nondelegation doctrine, that there are things congress cannot delegate. this would assure that only congress will make the major governing decisions for the american people. thus, the deference that we all know about of the courts to the bureaucracies under the chevron rule would be corrected. says peter, where the court believes that congress has delegated an impermissible portion of its legislative authority to an administrative agency or to the president, it should not hesitate to invoke the nondelegation doctrine. thus, the deference of the courts to the bureaucracies would be replaced by fortitude in enforcing the constitutional order. and the deference in letting it be undermined would pa

of europe aciphex capital peter schiff peter thank you so much for being with us again you've been calling for a correction for a long time more than that actually more than a correction this is certainly a correction the dow down sharply the s. and p. also and nasdaq down again yesterday was no bargain either is this it peter well i've been calling for a bear market and i think this is a bear market and if we get a rally that will be the correction because the primary trend is now down this is early in this bear market is very young and unfortunately it's going to be very long lived i think this is going to be similar if not worse than the bear market that went from one thousand nine hundred sixty one nine hundred eighty two it took sixteen years for the dow to make a new high and during that time period inflation took about seventy percent away from the dow's value this time i think it's going to be worse. and why do you think that i mean at the initial point right here peter is it that some traders just don't want to face the music even if it's down or tunes. they don't even understand

of europe aciphex capital peter schiff peter thank you so much for being with us again you've been calling for a correction for a long time more than that actually more than a correction this is certainly a correction the dow down sharply the s. and p. also and nasdaq down again yesterday was no bargain either is this it peter. well i've been calling for a bear market and i think this is a bear market and if we get a rally that will be the correction because the primary trend is now down this is early in this bear market is very young and unfortunately it's going to be very long lived i think this is going to be similar if not worse than the bear market that went from one thousand nine hundred sixty six to one nine hundred eighty two it took sixteen years for the dow to make a new high and during that time period inflation took about seventy percent away from the dow's value this time i think it's going to be worse and why do you think that i mean at the initial point right here peter is it that some traders just don't want to face the music even if it's down or tunes. they don't even unde

where backcross talking in moments today peter and guess tackle the latest updates on the julian assange. international. seemed wrong but. just don't. let me. get to shape out these days because that's ahead and in detroit because of the trail. when so many find themselves worlds apart we choose to look for common ground. when a loved one is murder it's natural to seek the death penalty for the murderer i would prefer an it be on the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying just moon doesn't mean that we want even many of the terms families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families want that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this this isn't the way. hello and welcome to cross talk we're all things considered i'm peter lavelle the fate of juli

hello and welcome to cross talk were all things considered i'm peter lavelle the fate of julian assange is unclear washington is determined that he be sent to the u.s. to face criminal charges most likely under the one nine hundred seventy espionage act the british government is more than happy to make this happen even the ecuadorians are in the in the apt but we are watching unfold in front of our eyes is the criminalization of journalism. across talking julian assange which i'm joined by my guest joe lauria in washington he's editor in chief of consortium news dot com and author of how i lost by hillary clinton with a forward by julian assange also in washington we have gareth porter he's an independent investigative journalist and historian as well as author of manufactured crisis the untold story of the around nucular scare and in plymouth we cross to patrick and he is a journalist writer and founder of the news website twenty first century wired dot com all right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it and i to open

of europe aciphex capital peter schiff peter thank you so much for being with us again you've been calling for a correction for a long time more than that actually more than a correction this is certainly a correction the dow down sharply the s. and p. also and nasdaq down again yesterday was no bargain either is this it peter well i've been calling for a bear market and i think this is a bear market and if we get a rally that will be the correction because the primary trend is now down this is early in this bear market is very young and unfortunately it's going to be very long lived i think this is going to be similar if not worse than the bear market that went from one thousand nine hundred eighty six to one nine hundred eighty two it took sixteen years for the dow to make a new high and during that time period inflation took about seventy percent away from the dow's value this time i think it's going to be worse and why do you think that i mean at the initial point right here peter is it that some traders just don't want to face the music even if it's down or tunes. they don't even unde

peter: by some people's accounts, there was a shanghai accord. if you remember what was going on then, people were worried itut the nimby and that would affect the global stability of financial markets. central bankers got together and did what they needed to do to stabilize the currency. we have a situation here where there is different stress, oil prices and trade. the question is, will there be a meeting of the minds on trade? my view, it is difficult to handicap, and based on previous negotiating strategies that the president has used, it would seem to me because he is sensitive to the capital markets and how they are performing around issues including trade, that they will push this and kick the can a little bit. to save face,t xi kick it six months, and i think the market is like that. i think markets -- u.s. equities are bit oversold here. i'm not bullish on 19 the way i was coming into 18. there are a lot of headwinds into 18 and the g20, even though it is nice to talk about, it is meaningful. the impact -- because of the impact the can h

of europe aciphex capital peter schiff peter thank you so much for being with us again you've been calling for a correction for a long time more than that actually more than a correction this is certainly a correction in the dow down sharply the s. and p. also and nasdaq down again yesterday was no bargain either is this it peter. well i've been calling for a bear market and i think this is a bear market and if we get a rally that will be the correction because the primary trend is now down this is early in this bear market is very young and unfortunately it's going to be very long lived i think this is going to be similar if not worse than the bear market that went from one thousand nine hundred sixty six to one nine hundred eighty two it took sixteen years for the dow to make a new high and during that time period inflation took about seventy percent away from the dow's value this at the initial point right here peter is it that some traders just don't want to face the music even if it's down or tunes. they don't even understand the music or was playing what they don't get is that we are

that is sort of like the peter navarro playbook. very hawkish trade advisor who has been kind of quiet, almost seemed for a while he entered the witness protection program. but he is back now. he will be sitting at this dinner. he is very tough on the stuff. not wanting to give room, latitude or peak of light on the chinese on this. what is going on with the administration posture. suddenly saying tariffs are actually okay when they bring in at lo revenue here. keep in mind that you pay those terrorists. whether they are slapped on in china doing the same to us, the chinese will pay those tariffs in back and forth on this. not government that do that. you, me, everyone else caught in the fray. let's get the read from "wall street journal" global economics editor jon hilsenrath and "barron's" senior reporter, mary childs. mary, this peter navarro thing struck me maybe disproportionally from all the other developments and here is why i think that is the case. we hadn't heard from him. not only find out he has a seat at the table, a ve

peter: in what way? noah: under the obama administration, the fcc classified certain internets -- internet service providers as common carriers and subjected them to a series of regulations that we sort of call net neutrality. designed isftc is we don't have authority over common carriers. when someone is designated a common carrier, like a railroad, we maintain jurisdiction. there was jurisdiction that we had. under the new chairman of the federal communications commission, chairman for g.i., the sec undid that net neutrality order through something called the restoring internet freedom or. what that did is put the ftc back in control with the jurisdiction it had a few years before. what that means as a practical matter is that with respect to unfairness or deception, we have the authority that we had before. and when players in that space are violating the law, we can go after them. noah: joining us in our conversation is john handle, who covers technology for politico. john: thank you. a real honor to

peter: i thing there will be some of that. there will be constant pressure on these weaker developing nations. when the u.s. is pulling in money, it is also pulling in goods and services. the u.s. runs bigger trade deficits. who does not like that? a lot of people don't like that. especially the man in the white house. jason: there is one person who we know -- his twitter feed does not like that. peter: and who do we expect trump to blame? he tends to perceive these countries that have a trade surplus with the united states as a sign of malfeasance. jason: that somebody is trying to get away with something, and he is trying to stop it. peter: right. so what do you do? you erect higher trade barriers to stop that from happening. the fact of the u.s. is growing, which is a positive, could result in stronger trade frictions in 2019. carol: trade, brexit, and a slowdown in china are just some of the issues that could impact the economy in 2019. jason: here is joel weber on how he put together bloomberg's special issue on the year

peter baker, nancy cook, jeremy peters, our thanks as always. really appreciate it. >>> and coming up, if and when the president's legal team submits written answers to questions, will it really matter to the mueller team in the end? >>> and later, the president and pentagon will ask a retired four-star general about troops at our southern border and the president's relationship with all things military these days. we're just getting started on a tuesday evening. your digestive system has billions of bacteria but life can throw them off balance. re-align yourself with align probiotic. and try new align gummies with prebiotics and probiotics to help support digestive health. [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in t

peter: i fwe make it. if the u.s. continues to grow well, that will help ull along the rest of the world. -- pull along the rest of the world. that's the reason the imf is pegging the 3.7% global growth. jason: if carol were here, she would talk about synchronized global growth. peter: it is less of a real thing in the sense the u.s. has been outpacing a lot of the other rich countries. it is further along in tightening financial conditions because of the worry of becoming inflationary. what happens when you raise your interest rates? : money from elsewhere -- you pull in money from elsewhere. that is one of the downsides of u.s. growth. there are certain countries vulnerable to that. if the chairman of the fed raises the federal funds rate in the united states and the entire range of rates goes up, global investors can pull money out of those developing markets, which need the money because they are running on a deficit. they can only respond by driving their interest rate set to punishing way high levels -- rates up

you know peter. we know peter. he's been on the show. >> i like him, he's a nice guy. he's a firm believer in protectionism. listen, if it wasn't peter navarro, i was somewhat educated by him how pernicious china is. i get that. now i give him credit for that. i think him bringing that to the forefront of the national conversation is very good. it's very good for business. business was literally laying down, giving stuff to china to get access to its consumer, it's gazillions of consumers, its markets. and it was hurting the country. he deserves credit for bringing that to the forefront of the national conversation. protectionism, though, has never been a good economic policy. and i think there are better ways to go at china, through tpp. remember, trump got out of tpp, trans-pacific partnership. that was a trade deal with everybody but china, to isolate china. he got us out of that. i think -- liz: didn't quite get a chance to really -- >> right. not only that, he goes after our trading partner. mexico is not our enemy in trade. you know what i'm saying? it is what it

that you're absolutely correct that's one danger but peter the other thing that very related to this is the case of a drone corsi which is in the news right now and they're trying to you know maneuver or try to maneuver corsi into a position where he would in fact you know libel himself essentially in order to accept a plea bargain which he's already rejected but the point is and the point corsi made in an interview with them is n.b.c. which is an excellent example of a decent interview although it's quite tough the interview from you. but even if a staunch had stole the documents himself and you know course he still is protected as a journalist under the new york times versus the united states case with the pentagon papers so he has a right under basic press freedoms to go and find out and he can even look at them and he can report on them you add to this the context of the twenty sixteen election and of course he made his political biases known to the public he's pro-choice and of course i'm interested in this and see if i can help the trunk and paint drum corps he's been more hone

peter baker, nancy cook, jeremy peters, our thanks as always. really appreciate it. >>> and coming up, if and when the president's legal team submits written answers to questions, will it really matter to the mueller team in the end? >>> and latelater, the president pentagon will ask the retired four-star general about troops at our southern border and the president's relationship with all things military these days. we're just getting started on a tuesday evening. i am a family man. i am a techie dad. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> fevered speculations and predictions earlier this week that mueller indictments could be on the way. in the meantime, a source tells nbc news today that the president's legal team is almost finished with written answers to questions from the special counsel, and they could be submitted as

peter, what's going on? >> well, katy, i think you laid out the three key points of that eight-paragraph statement from the president a short time ago, in effect heading into the holiday, trying to put this to rest as we heard from his secretary of state just moments ago, effectively saying at the end of the day, we got to put america first. we're willing to, in effect, look past saudi arabia's misdeeds, in this case its violence, the murder of a "washington post" journalist. speaking of "the washington post," their reaction to this news statement from the white house coming out in the last ten minutes. it comes from jamal khashoggi's editor at the post, who writes, trump's statement on saudi arabia and khashoggi is full of lies and a blatant disregard for his own intelligence agencies. it also shows an unforgivable disregard for the lives of saudis who dare criticize the regime. she concludes, this is a new low. but it's obvious from this administration, first hearing it from the president, then his secreta

then in september, two checks suddenly arrived in peter's mailbox. he did not wait to cash them. >> no, no, i wasn't going to give them a chance to take them back. >> reporter: one check for the remainder of the policy plus another that covered interest. together, more than $100,000. w. it's been weighing on me so much. >> reporter: the smith family has lived in this san francisco house 30 years. when we first met peter, he told us he feared without a full insurance payment he wouldn't be able to afford it any more and he'd have to move out. >> don't have to worry about that any more at least. >> reporter: so what changed with cigna? all it told us was, we are pleased that we have been able to resolve mr. smith's benefits matter to his satisfaction. >>> peter and norah have a hunch. >> they didn't like the publicity because -- >> it was easier for them to pay out the policy than to deal with the two of us. >> >> reporter: you two, forget it. i wouldn't want to get in your way. we wereiths. >> thank you for doing the fighting. >> i appreciate it so mu

peter: it is less of a real thing in the sense the u.s. has been outpacing a lot of the other rich countries. it is further along in tightening financial conditions because of the worry of becoming inflationary. what happens when you raise your interest rates? : money from elsewhere -- you p ull in money from elsewhere. that is one of the downsides of u.s. growth. there are certain countries vulnerable to that. if the chairman of the fed raises the federal funds rate in the united states and the entire range of rates goes up, global investors can pull money out of those developing markets, which need the money because they are running on a deficit. can only respond by driving their interest rate set to punishing way high levels -- rat es up to punishingly high levels. jason: what do you think will happen? peter: there will be constant pressure on these weaker, developing nations. for bad is that the u.s. runs bigger trade deficits. a lot of people don't like that. do we expect trump to blame? tends to perceive these countries that have a t

even older than the benedictine nondairy is the ministry of st peter. protected by the steep slopes of the meant that the monks hill is impeaches symmetry twelve hundred years old and one of the most beautiful in the world. chambers carved out of the rock i once thought to be roman catacombs maybe they were occupied by hermits no one knows exactly. nor does anyone know how old the monastic wine cellar is but we do know that the ninth century empress charlemagne helped the monks empty a few skinful is down here. monastic in the said. of the city st peter's cloister its own as part dates from the romanesque perry and. three hundred years ago the archbishop's decided to turn this small medieval town into a german rome europe's leading artists was summoned to silence before. the old cathedral and dozens of gothic houses were demolished creating generous open spaces around the spiritual focus represented by the new cathedral the cathedral itself was designed in the image of some pieces in rome an expression of the immense wealth of its place as tickled patro

our own peter doocy is on the ground in a minute. first, christmas season can't slow down the media's unhinged, 24/7, every second, minute, hour of every day, trump hate machine. they are using the white house christmas display as a line of attack against the first lady. they are calling the decoration trees of death comparing them to "the handmaid's tale." it is pretty despicable. i have seen it, absolutely beautiful, stunning decorations. all these media people, and we'll get to our guests. co-host of the 5, watters world and fox news contributor, jessica tarlow. >> in and out. >> we can't even let the first lady, and the great irony is, all of your liberal friends, they are begging for tickets. i know who they are, to get into the parties at the white house. you know where i'm not doing? i'm not going to a white house christmas party. i wasn't invited, were you? >> yes, i was. i can't believe trump didn't invite you after all of the nice things you have said. >> you really want to run into all our fake news friends. >> i just want

i mean, how does peter navarro view china? >> i see china as an economic threat to the welfare of working men and women in this country, particularly those who work with their hands in manufacturing. and, you know, back in the day, in 2006, when i wrote "the coming china wars," i was a voice in the wilderness, but it's conventional wisdom now. and what emerges is a picture of, essentially, an authoritarian state, first of all, not a democracy. more importantly, from an economic point of view, a non-market economy that uses all manner of unfair trade practices, basically to engage in what has emerged, i think accurately, as a description of a predatory behavior. and we now have a president, in donald j. trump, who is willing to stand up and defend america from those kind of practices. and it's purely a defense. it's not an offense. it's a defense against that predation. >> you helped articulate your view of china in a movie that you directed called "death by china." and it was narrated by martin sheen. and it really articulates

peter: i thing there will be some of that. there will be constant pressure on these weaker developing nations. when the u.s. is pulling in money, it is also pulling in goods and services. the u.s. runs bigger trade deficits. who does not like that? a lot of people don't like that. especially the man in the white house. jason: there is one person who we know -- his tweeter feed -- twitter feed does not like that. who do we expect trump to blame? he tends to perceive these countries that have a trade surplus with the united states as a sign of malfeasance. jason: that somebody is trying to get away with something, and he is trying to stop it. peter: right. so what do you do? you erect higher trade barriers to stop that from happening. the fact of the u.s. is growing, which is a positive, could result in stronger trade frictions in 2019. carol: trade, brexit, and a slowdown in china are just some of the issues that could impact the economy in 2019. jason: here is joel weber on how he put together bloomberg's special issue on the

of your pacific capital thank you for joining us peter. we've spoken several times about that fatal lion air crash in indonesia which took the lives of all hundred eighty nine people on board that boeing seven thirty seven max well now u.s. aviation authorities are investigating the aircraft maker's safety analysis on the plane and what information boeing released to the airlines those who bought the planes related to potential problems with the new flight control system which is used on the most recent version of the seven thirty seven's the u.s. federal aviation administration is also examining boeing seven thirty seven training requirements for pilots and for more on this here to discuss is former national transportation safety director jamie jamie what's the latest on this thing a sort of shocking appreciate you updating us what do we know since we were here last time sure well as we know let's from the lessons of boeing failed to. to address this issue that they have filed with their their new flight control system that that regulates

peter, kate? >> thanks so much. >> a plane goes by. >>> while you wereng shop the federal government released a new report on climate change. prediction for the future is scary. timing of whether it was released is drawing criticism this morning. nbc's white house correspondent kellyne o'd in west palm beach near the president's mar-a-lago estate. orod morning. >> reporter: goodng, peter. the timing issue is when you release an important report likd thing a holiday weekend, you could argue fewer people will see i p that'st of why we are talking about it now. it is a sweeping report from 13 federal agencies that paints a dire picture what could happen with mor severe weather and weather events, natural disasters that could cost lives, livelihoods, and effecthe economy. this report says temperatures are in fact rising. they predictg a continuinrise, and say what's important is the u.s. to take action to do things to invest in clean energy and also consider making changes how they charge people u for

i caught up with peter coy in d.c. cassette the economic stage with his intro to this week's special year ahead issue. >> we tend to focus on the negative. there are so many things that are to worry about, the crazy stock market, trade tensions, so on, so we, journalists, but even the public tend to worry about what will happen next.it feels like a roller coaster . yes, if you actually look at the performance of the global economy, according to the international monetary fund it, steady.een remarkably we had 3.7% growth in 2017, looking for the same in 2018, and looking for exactly the same , 3.7%, in 2019, which is a good, solid, steady growth. i just think it is good to keep that in mind. jason: one of the reasons people worry, i should point out, is because it has been so good for so long, right? isn't that part of the reasons as humans we think, this cannot last forever? peter: high marks have been great, and the u.s. economy has been great. case,s. is an interesting first, it is the biggest economy economy,rld, an

now we are finding that peter navarro is, indeed going. so very clearly, something happened here over the last day or so. and it probably started with the president clearly wants navarro by his side. >> when that happens, we saw the doubtful little bit. we found out that no navarro was indeed, attending. we are hopeful in the stock market is hopeful at times of a deal. it is an indicator of popularity of the president. but the president did not care about that, right? what is the likeliness that we do get a breakthrough deal, if you will, with china? what are you hearing where you are? >> for people who i speak with were as close as you get to the negotiations, i will break it down like this. in honor of the show, there are bulls and bears within the ministration. as it relates to the deal getting done. i was speaking with one quote - unquote bear he said look, the structural issues are there. there are large, have been there for years. one dinner party is not going to change that. there are others though, the bulls who say, this is presid

peter a day of remembrance. in your opinion what kind of message came across in the bundestag during the ceremony the message was one of great gratitude on the balls of the french president for being invited to germany today and he revealed himself once again to be an intensely philosophical. great commitment to the european ideal great commitment to friendship with germany great commitment to the franco german time them that he clearly hopes is going to lead europe into a better a more consolidated a values based future he said we should we should open up a new stage in europe's history quite or dangerous visions but he didn't point out what he exactly meant he did however talk about pulling our capacities our politics even our taxation he didn't talk about the problems he didn't talk about the problems. at the far right he didn't talk about who might follow the franco german town them all nazi didn't talk about irritations between france and germany at this point in time maybe some of that will be talked about

peter baker, nancy cook, jeremy peters, our thanks as always. really appreciate it. >>> and coming up, if and when the president's legal team submits written answers to questions, will it really matter to the mueller team in the end? >>> and latelater, the presidend pentagon will ask the retired four-star general about troops at our southern border and the president's relationship with all things military these days. we're just getting started on a tuesday evening. ng started oa n tuesday evening. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. that grandpa's nose i can'is performing "flight of the bumblebee?" ♪ no, you goof. i can't believe how easy it was to save hundreds of dollars on my car insurance with geico. nice. i know, right? ♪ [nose plays a jazzy saxophone tune] believe it. geico could save you 15% or more on car insurance. applebee's bigger, bolder grill combos are back. now that's eatin good in the neighborhood. at fide

of your pacific capital thank you for joining us peter. we've spoken several times about that fatal lion air crash in indonesia which took the lives of all hundred eighty nine people on board that boeing seven thirty seven max well now u.s. aviation authorities are investigating the aircraft maker's safety analysis on the plane and what information boeing released to the airlines those who bought the planes related to potential problems with the new flight control system which is used on the most recent version of the seven thirty seven's u.s. federal aviation administration is also examining boeing seven thirty seven training requirements for pilots and for more on this here to discuss is former national transportation safety director jamie jamie what's the latest on this thing a sort of shocking appreciate you updating us what do we know since we were here last time sure well as we know let's from the lessons of boeing failed to. address this issue that they have found with their their new flight control system that that regulates the al

joining us from tokyo is peter, the managing editor. it's amazing when you look at this huge headline, we were building up for a doom laden report. we didn't get that. peter: well, softbank is a company that has been difficult for people to understand for quite a while. telecom.background in many think of it as a telecom operator. yet it has a $100 billion vision fund. what we saw in this quarter's results is that the founder of softbank is beginning to show the potential for profits from some of these enormous investments he's been making. this quarter, we saw the vision fund poll in profits that outstrip what people were expecting. less quarter was strong, but this quarter was stronger. that came from investment gains and a couple different areas. some of the notable ones are in the chipmaker, and an india hotels website that has been growing quickly, and valuation has gone up. something is able to record these profits on its balance sheet. sprint had a solid quarter. there's a combination of factors. there are outstanding questions f