the bust of karl marx nicknamed the head in saxon dialect weighs forty turns. kenneth's has often been heavily damaged during its long history. so it's lucky that the cusp back district one of germany's largest areas of the late nineteenth century and art nouveau buildings has survived intact. clapham bach castle with its moat is also steeped in history built in around fifteen fifty on the river version its it changed owner several times in communist east germany it was used as a juvenile detention center. the last stop on our trip to canada is this last back district here you'll find some of the city's oldest buildings the town in the chemist's valley was originally founded in the middle ages under the protection of a monastery. it was almost all of the first let's see the equipment fits properly we can check the length of the poles ok wonderful stay relaxed should look up like in the birth of cross country skiing takes some practice but that's been. a part of my focus my left foot in all it's not like that i have an expert here former competitive skier enrico

i'm willem marx. i'm julianna tatelbaum these are your headlines >>> european stocks open higher amid fresh hopes for a resolution to the u.s./china trade war as washington and bay thing prepare to head back to the negotiating table. >> the pboc takes steps to boost the economy by cutting back on banks reserve requirement ratio, calling it a targeted adjustment, not a big stimulus >>> bayer shares rise at the open after a u.s. judge limits evidence in a trial over claims its weed killer round-up causes cancer. >>> and investors today eye the u.s. jobs report amid fears of a global economic slowdown as traders price in the prospect of a fed rate cut by april of next year. >>> just a few moments ago headlines from the pboc, they have taken further steps to try to ease funding conditions they announced further cuts to the reserve requirement ratio. to take you through those headlines that they have announ announced, this will lower interest payment costs for banks by around 20 billion yuan annually they

weegin tonight with willem marx in london. >> the ayes to the right 20 2. the nos to the left 432, t so nos have it. the nos of it. d reporter: theresa may suffered a majorefeat tonight, one that she had warned would ba cataclysmi it was certainly historic, the largest government defeat in the house of cmons since1924. rather than wait days for her reactiono this very but anticipated public loss, lawmakers had only to wait minutes. >> it is clear that the house does not suppo this deal, but tonight's vote tells us nothing about what it does support. nothg about how -- nothing about how or evensf it inte to honor the decision the british people took in a referendum parliament decided to hold. >> reporter: prime minister may had for months insisted the deal her governm the eu was the best option for brexit. buight there was for the first time an acknowledgement that she would seekdve and input from her political enemies. among those is jeremy corbyn, the leader of the labor opposition party.ui he was to respond to the prime minister's setback. >> i have now t

i'm willem marx. >> i'm joumanna ber search chi, these are your headlines. >>> the government reopens after the longest shutdown in u.s. history. >> shares in n plus jump as the u.s. lift sanctions on other companies linked to russian oligarch despite opposition from democrats. >>> and siemens and alston tweak their rail deal. >>> and ocado shares jump to the top of the stock 600 on reports of a tieup with spencer that could spell the end of its partnership. >>> all right. let's check in on how european markets are fairing this morning, bit of a weak session for asian equis the overnight. some of the optimism priced into these talks in washington this week is being priced out you can see that the same thing is playing out in europe this morning. all of the majors are trading slightly in the red. ftse 100 down .1 percentage point. all eyes ahead of the plan b meaningful vote set to take place tomorrow right now the baseline scenario seems to be an extension of article 50 is the most likely scenario more on that obviously over the next 24, 48 hours or so. xetra trading slightly in the r

i'm julianna tatelbaum >> i'm willem marx the u.s. moves higher. president trump cancels his trip to the world economic forum in davos, he might miss an opportunity to discuss trade with china >> u.k. home builders jumped after bank of america, merrill lynch upgrades the sector from neutral to under perform >> chinese automaker tells cnbc it's not sold any shares in germany's daimler after a report the company had cut its stake by more than half >> federal reserve chairman jerome powell affirms the central bank's patient stance, but warns about the growing level of u.s. debt >> the the long run fiscal nonsustainability of the u.s. federal government isn't really something that plays into the next, you know, the sort of medium term that is relevant for our policy decisions >> european markets have been open now for just over an hour and it is shaping up to be a positive start to trade for the final day of the week. the euro stoxx 600 is up about 30 basis points right now. this follows a fairly mixed day yesterday in terms of the different regions, b

focus on and off is back in new york this time with return to montauk list lee based on a novel by marx fresh it's a love story and possibly churned off most personal film. and i'm joined now in studio babbles burg with a fork of thanks for joining us. you've had decades in the film business can you pinpoint a point or a moment a personal film that you saw that put you on that path to become a filmmaker. the same summer i was probably fifteen a few films and one of them was on the waterfront and marlon brando you don't remember stem i could've had was kind of the time when i could have been somebody. sterile but i was in trance about the actor modern brando about the filmmaking which i knew nothing about but about the possibility through a film or a work of art to rouse such such passions such deep feelings yet will suck your first film young told us when it premiered in cannes in one nine hundred sixty six and it caused a scandal at the premier tell me about that what what happened where there is a scene these it's in a boarding school and. a group of people builds suppress the others

now focus and off is back in new york this time with return to montauk this lee based on a novel by marx fresh it's a love story and possibly churned off most personal film. and i'm joined now in studio babbles bird with focused on dog thank you joining us . you've had decades in the film business can you pinpoint a point or a moment a person you met a film that you saw that put you on that path to become a filmmaker i saw. in the same summer i was probably fifty in a few films and one of them was on the waterfront and marlon brando you don't remember stem i could have was a good american turner i could have been somebody. sterile but i was in chance but the actor modern brando about filmmaking which i knew nothing about but about the possibility through a film or a work of art to rouse such such passions such deep feelings yet will suck out your first film young told us when it premiered in cannes in one thousand nine hundred sixty six and it caused a scandal at the premier tell me about that what what happened where there is a scene these it's in the boarding school and. a group of peo

plus, legendary investor howard marx where he thinks the market goes here. our data partners on what happens to the aerospace and defense itf ita after jumping 10% in a month the index itself is up another 2.23%. for more, go to cnbc.com/kensho. the halftime report with scott wapner and the traders is back in two minutes [knocking] ♪ ♪ memories. what we deliver by delivering. the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> talking a lot about earnings we want to continue the conversation with amazon, set to report after the bell. what are the expectations? we like it. >> this is one of those names i bought in december on the pullback and look, it's had a huge bounce since then and obviously, it's in this cohort of names that have had to put up or shut up this quarter i t

now focus and off is back in new york this time with return to montauk leslie based on a novel by marx fresh it's a love story and possibly churned off most personal film. and i'm sure. now in studio babbles bird with focused and off thank you joining us . you've had decades in the film business can you pinpoint a point or a moment a person you met a film that you saw that put you on that path to become a filmmaker i saw. in the same summer i was probably fifty in a few films and one of them was on the waterfront and marlon brando you don't remember them i kind of had was kind of the kind term. i could have been somebody. sterile but i was in chance but the actor modern brando about the filmmaking which i knew nothing about but about the possibility through a film or a work of art to rouse such such passions such deep feelings yet will talk with your first film young told us when it premiered in cannes in one thousand nine hundred sixty six and it caused a standoff at the premier tell me about that what what happened where there is a scene these it's in a boarding school and. a group o

it's not pretend it if a marx little. marx law would be in bad shape if it weren't for the jewelry stores and boutiques there's not much work to be had around here and the situation isn't set to improve in the foreseeable future immigrants from romania and bulgaria are now competing for the little work there is. young all sorts of order there's been a lot of immigration to germany from eastern europe and recent years. and these people are competing with turkish immigrants in the labor markets marked for low paid jobs in the service industry and industrial sector. in. low paid jobs the don't even require german language skills or indeed any kind of training among young turkish germans lack of training is a serious problem. fifteen percent of twenty five to thirty five year olds in the general population have no formal training but at forty three percent the overall figure is three times higher among turkish germans and even those who do have qualifications face obstacles in the labor market. as part of a study conducted at

i'm willem marx. >> i'm julianna tatelbaum, these are your headlines. >>> apple rocks global markets by slashing its quarterly sales forecast dragging european stocks lower tim cook tells cnbc in an exclusive interview that a slowdown in china and weaker handset sales are to blame >> our short fall is over 100% from iphone, it's primarily in greater china. >>> shares in european chipmakers sink as the tech wreck bites, while apple's german listing adds to after-hours declines. >>> u.s. futures point lower with the dow and nasdaq set for triple digit losses after major markets stage a comeback in the first trading session of 2019. >>> christmas cheer for next as the retailer posts a surprise rise in sales during the festive period sending shares higher alongside its rivals >>> welcome, everybody apple has cut its sales forecast for the first quarter and blamed weaker iphone demand and in particular a slowdown in china tim cook used a shareholder letter to announce the company lowered its revenue guidance from a floor of $89 billion to a floor of $84 billion. he forecast grossmargins w

i'm julianna julianna tatelbaum >> i'm willem marx >> a torrid new year for european shares which fall sharply on the first trading day of 2019 after stocks log their worst annual decline in a decade. >>> basic resources lead the losses in europe as concerns about a u.s. china trade war and france's yellow vest movement hits factory data. >>> and chinese shares gets off to a rough start after the first contraction in pmi in 19 months. >>> and in italy, banca carige's ceo and chairman resign as the ecb appoints temporary administrators for the troubled lender >>> eurozone pmi numbers for december, it looks like the final manufacturing pmi came in at 51.4 for december that is against expectations of 51.4 matching it and slightly lower than the november number of 51.8 the output for manufacturing was at 51. that again matched expectations and was slightly higher than the november number at 50.7. the future output pmi came in at 56, against expectation of 56, lower than the november number of 56.3. >>> and european markets have now been open for just over an hour it has proved to be a nega

of course, in the 19th century, marx reopened up the question of systemic wrong once again. and of course henry david thoreau does that as well with his advocacy of taxing. in our time, the targeted tactic of consumer boycott has endured much better than any kind of systemic critique that might require much more revolutionary change and action. and i think that is testimony to the success of industrial capitalism's motive self critique and normalization. i tried to resurrect the critique of industrial capitalist warfare not so much to exonerate or vindicate him, but to implicate us and to get us to think more about our own kind of systemic participation in these kinds of things. in the 18th century, military industrial society that galton described, laid the origins of britain's emergence as a global superpower, and a cautionary tale about the place of violence in modern industrial and commercial life. where it was so central and yet so hidden, that even the sincere quaker could easily participate in its propagation while maintaining a truly clear conscience. thank you very

karl marx advocated abolition of the family as an obstacle to communist society. he considered the relation of parent and child to be, quote, bourgeois claptrap. the next speaker in our series, on february 11th, talking about this in greater detail, from a natural law perspective. families are critical institutions to building a healthy society. they educate the young, provide invaluable social capital and impart passive knowledge. the second volume of hayek was called the mirage of social justice. in it he said social justice, quote, does not belong to the category of error but to that of nonsense like the term a moral stone. to summarize, the proponents of social justice articulate no rules but just conduct that would lead to social justice or stated differently, social justice rest in the odd idea that every individual can behave in a just or moral manner so we can and probably will have social injustice. paradoxical if not incoherent results. let me give you an example. imagine that you have a musician who is highly popular, he sells his cds for $20 a pop. he

the bust of karl marx nicknamed the head in saxon dialect weighs forty talents. chemist's has often been heavily damaged during its long history. so it's lucky that the cusp back district one of germany's largest areas of the late nineteenth century and art nouveau buildings has survived intact. from. clapham bach castle with its moat is also steeped in history built in around fifteen fifteen on the river version it's it changed owners several times in communist east germany it was used as a juvenile detention center. the last stop on our trip to kenya it's is this last that district here you'll find some of the city's oldest buildings the town in the candidates valley was originally founded in the middle ages under the protection of a monastery. first let's see if the equipment fits properly we can check the length of the poles ok wonderful stay relaxed in the garden of where the cross country skiing takes some practice but it's the infamous for a paddle my put my left foot on it but not like that now we're basically on the diagnosable the vision that there was

he turned marx on his head but got closer to destroying capitalism. shrumpeter makes the point, relentless capitalism kind of like water seeking its own level. it doesn't stop at destroying bad customs and institutions. erodes all the customs and institutions. i think the family can with stand problems of capitalism as well. institutions can with stand the problems of capitalism well. the aren't part of the prediction, romantic thing where the way we teach western civilization today, the way we teach american history today, always negative stuff. howard zinn. >> host: author of people's history of the united states, one of most assigned. >> guest: widely huged history text in america. >> host: deliberately idealogical reading of the united states, suggests from its very origins the government the united states was more oppressive than liberating. >> guest: systemic persecution. he says openly. >> host: professor of brown. >> guest: i'm writing history from the perspective the slaves in the carolinas. from the women here. from the coal miners there. ir

unfortunately it's been dominant in economics not since marx, marx never use exactly capitalism, he only used capitalist freely. since the late 1900s. but it suggests very strongly to both the left and the liberals and conservatives. that the modern history the economy is about the accumulation of capital. and i have many other friends. who still believe this. the capital is necessary rule of law and private property. for the specter of 30 days 3000 percent. it's not the spring of the watch. think of that. the metaphor here. the spring that make it grammatical, are ideas. ideas. the capital and rule of law and peace and whatever, are the gears or even the phase that shows the result of the Ãband not itself in any offense and i think we need to counter this metaphor. it focuses on what's important. it's a society in which ideas can flourish. i been everything, a socialist, Ãbsocial engineer, i've been a man, i've been everything. back as the austrian economists say, these are the discoveries that the entrepreneur notices. as she walks around. the mass of free lunches that made up 2000 p

capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself. and today. every week. that point is the system about to collapse. infinite growth actually be possible. the bloomberg company from new york place a central role in the financial system since the nineteen eighties who has provided stock traders and bankers with lightning fast price fluctuations and finance data from around the globe making it one of the world's most influential media companies . around the clock bloomberg news agency in stock market channel broadcast the glad tidings of the free market. our role in financial markets is as a provider of transparency would provide a huge amount of data about the numbers on markets on economies all companies providing a chronicle of capitalism telling the story of money vitally important to bloomberg and central to what we about dollars. economic growth dangerous is one of most important numbers we look for if i say fourscore on the on the state of the column a steady solid growth in

the bust of karl marx nicknamed tanisha the head in saxon dialect weighs forty tons. kenneth's has often been heavily damaged during its long history. so it's lucky that the cusp back district one of germany's largest areas of the late nineteenth century and art nouveau buildings house survived intact. through. clapham but castle with its moat is also steeped in history built in around fifteen fifty on the river version it's it changed owners several times in communist east germany it was used as a juvenile detention center. the last stop on our trip to canada is this last that district here you'll find some of the city's oldest buildings the town in the can it's valley was originally founded in the middle ages under the protection of a monastery. first let's see if the equipment fits properly we can check the length of the poles ok wonderful stay relaxed. gliding over the cross country skiing takes some practice but that's been. a part of my foot to my left foot but not like that now we're basically on the diagnosable vision of. oh boy did we try the whole thing with

karl marx explicitly advocated abolition of the family as an obstacle to communist society. he considered the quote, "how the co-relation of parent and child" to be, quote, a "bourgeois claptrap." the next speaker in our series, on february 11th, talking about this in greater detail, from a natural law perspective. families are critical institutions to building a healthy society. they educate the young, provide invaluable social capital and in part tacit knowledge. the second volume of hayek was called, "the mirage of social justice." in it, he said social justice, quote, "does not belong to the category of error but to that of nonsense like the term a moral stone." to summarize, the proponents of social justice articulate no rules of just conduct that would lead to social justice or stated differently. social justice rests in the odd idea that every individual can behave in a just or moral manner so we can and probably will have social injustice. this would produce paradoxical, if not incoherent results. let me give you an example. imagine that you have a musician who is hi

the bust of karl marx nicknamed tanisha the head in saxon dialect weighs forty turns. kenneth's has often been heavily damaged during its long history. so it's lucky that the cusp back district one of germany's largest areas of the late nineteenth century and art nouveau buildings has survived intact. clapham castle with its moat is also steeped in history built in around fifteen fifteen on the river version it's it changed owners several times in communist east germany it was used as a juvenile detention center. the last stop on our trip to kenya it's is this last bad district here you'll find some of the city's oldest buildings the town in the can it's valley was originally founded in the middle ages under the protection of a monastery. it was almost all of those my first let's see the equipment fits properly we can check the length of the poles ok wonderful stay relaxed should look up blood and over with the cross country skiing takes some practice runs the infamous for a paddle my foot my left foot but not like that now we're basically on the diet and that's a visi

fundamental principle of our economic system capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself and today. have through each that point is the system about to collapse or might infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fear that emerges as soon as growth starts to go away. and he sells off to one of vox storm kindness garnished gave the well to do from is it the mention the of it was not available because you didn't talk back storm. f

fundamental principle of our economic system capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself. and today every reach that point is the system about to collapse or might infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sentence on is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fia that emerges assume his grace starts to go away. and he says often one of storm kindness garnished gave a while to be defined as a dimension the of it was not a levels you didn't talk back storm instead us. all to god the t

but it may be too little too late, brian. >> willem marx in london thank you very much. >>> headline number four on this very busy monday, saudi/u.s. relations. secretary of state michael pompeo in riyadh meeting with saudi prince mohammed bin salman hadley >> good morning, brian so what we understand so far at least is that sing salman got about 35 minutes of the secretary's time and he spoke with the crown prince of saudi arabia for at least 45 minutes one of the things we know they discussed with the situation in the yemen and the need to deescalate tensions there. remember, of course, one of the things that many folks at the state department had told me going into this series of meeting was the murder of jamal khashoggi. no word yet on what we could have heard from those conversations between these two. i have to turn to what's happening in the energy markets. they had a massive energy meeting with the atlantic council. i spoke about worries concerning volatility in 2019 let's listen in. >> i've been decisive in our action not only the kingdom but other countries. beheard from th

fundamental principle of our economic system capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself. and today. every reach that point is the system about to collapse. at infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fia that emerges assume his grace starts to go away. and he says soft on a vox storm kindness garnished gave a while to be defined as a dimension the of it was not a levels you didn't talk back storm in stand us. all to god the t

fundamental principle of our economic system capitalism only works when the economy grows but call marx recognize something else as well it is this growth that will eventually destroy the system itself. and today have through each that point is the system about to collapse. infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fia that emerges assume his grace starts to go away. and he says off to one of vox storm kindness garnished gave a while to be defined as a dimension the of it was not a levels you didn't talk back storm in stay in us. all to d

stalin and marx were around the same time, so those two were alive. leonardo da vinci and niccolo machiavelli... i know who they are. i can't remember if they were living at the same time. napoleon bonaparte and claude monet...potentially. william shakespeare and columbus, that's another potential one. you know, my plus one, she's learning italian. >> okay. >> so i feel that she would be able to help me with this question, and i would be taking a guess, and i don't want to be taking that risk this early on.

gearing up for a major vote in the brexit battle willem marx live in london with more of the details you need to know willem >> hey, brian. this was a vote that was expected to take place a month ago. you may remember that theresa may pulled the vote because she didn't think she could win it. we are now going to see this on tuesday night, where the house of commons, the lower chamber here in the united kingdom, will get a chance to decide whether they like her version of brexit. it doesn't seem over the last month she's ended up getting any more lawmakers on size it is very likely she's going to lose this vote tuesday night the problem with that, of course, as we get closer and closer to this deadline, march 29th, 11:00 p.m. that night, the u.k. will formally leave the european union unless something drastic happens. what that drastic event will be, still very unclear if the government does lose the vote. but there is a growing concern that we could end up with no deal by that deadline. we've had that concern voiced yesterday by the japanese prime minister shinzo abe on a visit to do

fundamental principle of our economic system capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself. and today have through each that point is the system about to collapse or might infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fear that emerges as soon as growth starts to go away. and he sells off to one of vox storm comes garnished gave the well to do from is it the mention the of it was not a little you didn't talk back storm in the. fall t

willem marx has the latest on brexit and leslie picker has more on black rock's earnings. steve, we'll start with you and what we got out of the fed this afternoon. >> as you said, sara, eight of the 12 districts saw increased growth at a moderate amount but four districts, including kansas city, new york, st. louis and cleveland saw somewhat less robust growth. it was flat in kansas city, it leveled off in new york. outlook was pretty positive, but many districts said their business contacts were less optimistic because of four reasons. financial market volatility, rising interest rates, falling energy prices and elevated trade and political uncertainty. shutdown mentioned only once this report goes through january 7th, so didn't pick up a lot of it mentioned only by chicago related to farmers not receiving government payments. tariffs, 20 mentions, down from 39 in the last report but it was linked to rising uncertainty and higher prices. now, one piece of good news, several districts reported higher christmas sales, though, auto sales were flat if you get this idea that

. >> reporter: did it leave marx when you restrained her? >> of course. i had marks on me. but i didn't flaunt it. >> reporter: both bobbitts went to trial. john in november 1993 and was found not guilty of marital sexual assault. two months later, lorena bobbitt was found not guilty of malicious wounding by reason of insanity. >> why now, 25 years later? >> reporter: john wayne bobbitt says the entire story was one big coverup. he gets his chance to explain why. people supported her. tonight, as this all unfolds, you can decide once again, whose side you're on. particularly in this me too environment. >> amy, we'll see you later on. the special two-hour "20/20" airs tonight at 9:00 p.m. right here on abc. >>> still much more ahead on "world news" tonight this friday. new numbers on the flu. states where there is the most concern. >>> the customer who raced out of a beauty salon without paying. the employee who went after her as she drove off and was struck and killed. >>> and kevin hart, who was asked to apologize for homophobic comments he did and stepped down. did ellen

i'm willem marx in london. >>> time to take a look at some of today's upgrades and downgrades. we begin with sharesf nordstrom. they were downgraded to neutral from buy at goldman sachs, the analyst saying that the retailer is not selling as much merchandise at ful price. last night nordstrom did warn of soft holiday sales. owthe price target $50. that stock fell more than 4.5% to $45.01. >>> ab inbed was downgraded from lnderperform. sales pressure w likely persist which could lead to disappointing earnings. the maker of bud and budfeight 2.5% to $7.50. >>> meanwhile metlife was upgraded to buy from neutral at bank of america merrill lynch. the analyst cited management strategy to address past issues. price target $53. that stock rose in trading to $44.87. >>> still ahead, the parts of theno country where ec concerns are mount >>> homeer bui started the new year in a better mood. according to the nional association of home builders, sentiment rose in january rebounding from a three-year low. the report cites a declinen mortgage rates in recent weeks and solid job growth. tamon

shortly before he died when i say oil socialism this isn't this model of socialism isn't anything that marx or anybody else would ever would ever think of when the country was in grave crisis for numbers of years and so they turned to this person this military leader who could have it but he had no experience in running anything and he had no opposition party and so forth and what he did over time was he used the largest of the money coming in from oil which is a huge amount of money to distribute but it turned out he didn't build anything it was claimed to list distribution and that only even when the price of oil was highest he was still borrowing money from wall street and later then from the chinese and then from the russians basically to buy elections so they can appear very popular i'm giving money to the poor i'm building this and building that and then you go back later and you tour these places and nothing is completed constantly moving on to something else creating the basis for a huge cliff prosy exactly if i may leverage a limit of that i think of what thomas just for trade is c

apparently blown off a freight train into the path of a passenger train it happened on a bridge linking did marx to me. the accidental occurred early in the morning on the western side of the bridge it looked like a strong storm had loosened up cargo being transported on a train belonging to the german rail operator deutsche of bonn degree was then ripped loose and smashed into the oncoming passenger train the police weren't able to give any further details at a press conference they held later the biggest was high frost on the most important thing for us is to help the passengers and crew on board we ask everyone who was on board the train to contact their next of kin shipments or if someone doesn't have a cell phone so they should ask to use someone else's if you can if i obviously many even in the meantime cell phone footage taken on board shows some of the damage the police have now confirmed six dead and sixteen injured at the time of the crash the bridge had been closed to current truck traffic because of the strong winds it's therefore unclear why the freight train from deutsche had been

and then as you know a number of economists marx keynes are pointed out is eventually all these means go on and the question. to those heavy lobbying by the financial sector on the government to ensure actually that this financial sector growth could continue and governments believe that it was in the interest of the economy because everyone told the monitors and told them that if you had all this liquidity in the system then you must be growing your real economy but actually what was happening within that system rather was that you freed up all this money which was then used to bet on the increases in the value of certain companies and certain shares and of money itself in the system and the people who were doing that betting were not only profiting from it but they were also the only people who were regulating the system so it created a huge unstable and incredibly. equal system in which the rich got very much richer really very fast. for decades society has been transformed into an enormous market to which there's allegedly no alternative. the huge sums few in the financial markets

and then there's you know a number of economists marx keynes and pointed out is eventually all these mains go out and the question. to those heavy lobbying by the financial sector on the government to ensure actually that this financial sector growth could continue and governments believe that it was in the interest of the economy because everyone told the monitors and told them that if you had all this liquidity in the system then you must be growing your real economy but actually what was happening within that system rather was that you freed up all this money which was then used to bet on the increases in the value of certain companies and certain shares and of money itself in the system and the people who were doing that betting were not only profiting from it but they were also the only people who were regulating the system so it created a huge unstable and incredibly. equal system in which the rich got very much richer really very fast. for decades society has been transformed into an enormous market to which there's allegedly no alternative. the huge sums few in the financial

happy birthday marx rie. >> that's the lesson you were supposed to take away. >> i know. >> what's the lesson for weather we're taking away for this week? >> cold tomorrow morning again. take your jacket and then you'll need your umbrella. >> thank you so much for joining us. next newscast "today in the bay" 4:30 a.m. >> have a great night, folks. [ cheers and applause ] >>> steve: and now, a holiday treat for all. [ cheers and applause ] ♪

agnes calm are entertainer in turkey for a week long mission she also wants to visit saudi arabia karl marx said on thursday that the three member legal and forensic panel would seek to establish state and individuals responsibilities for the killing i conceive of this and for it to be a necessary step among a number of others toward crucial truth telling about and formal accountability for the gruesome killing of mr. hell marc who had requested information from other authorities including the united states hopes this will help ensure accountability and transparency in this case and may open new avenues for the prevention and protection of the right to life and other cases including a charnel us and human rights defenders and accountability for their killings the turkish foreign minister says the un security council is unlikely to launch an international investigation into shows he's murder. it's time for an international investigation the security. should take a decision to launch one but we don't think the security council would make such a decision the other option would be to establish

right this or do you know hasn't been part of the lexicon in quite some time probably marx's day was as of now are popping up interesting social marxism social. you know what is the cortez talk about o.c.b. social democracy kind of socialist marxist like social democrat social democrats right so that the war they're fighting the effectively and so this is class war and of course in the u.k. a class war never want to weigh and balance just becoming more entrenched in the united states we haven't had true class war before we fought economic war but we haven't had a class war like we're having now yet i mean ok martin luther king jr did specifically and nobody none of the virtues signallers on imus and b. c. or c.n.n. whatever point to what he said economically what he talked about the economic structure that was benefiting a certain elite around the world in these imperial wars and our actions as an empire around the world how it benefits that was to him primary over racial issues that it was all part of that story of the economic suppression and the economic system that was the bigger

marx great all right let's get into it so first the markets ended twenty eighteen on a very ugly note carl while nobody can predict the future what is your sense of how stock markets are doing twenty nineteen what the fed put some lipstick on the stock market take as they normally do carl. oh i don't think so it sounds like mr paul has decided that it is time for the punch bowl to go away. which there is only about ten years overdue but you know i had better late than never i suppose but you know that the problem with this is that the markets have become much like my late sister. who had a certain amount of money drank it all drugged it all and then wind of that they needed some more it because of course they were broke right so you know you get a phone call you're eating breakfast after your mother has passed and oh by the way the cats have no food while the cats have no food because you drank the fifteen hundred dollars that you had three days earlier and so now you need some more money the correct response for a policy maker in such a situation is to bring the cats a bag of food no

you know hasn't been part of the lexicon in quite some time since probably marx's day was as of now are popping up interesting social marxism social. you know what is a cortez talk about o.c.b. social democracy kind of socialist marxist like social democrat social democrats right so that the war they're fighting the effectively and so this is class war and of course in the u.k. a class war never want to weigh and balance just becoming more entrenched in the united states we haven't had true class war before we fought economic war but we haven't had a class war like we're having now yet i mean ok martin luther king jr did specifically and nobody none of the virtues signallers on amazon d.c. or c.n.n. whatever point to what he said economically what he talked about the economic structure that was benefiting a certain elite around the world in these imperial wars and our actions as an empire around the world how it benefits like that was to him primary over racial issues that it was all part of that story of the economic suppression and the economic system that was the bigger story but now

right this or do you know hasn't been part of the lexicon in quite some time since probably marx's day was as of now are popping up interesting social marxism social. you know what is the cortez talk about o.c.b. social democracy kind of socialist marxist like social democrats social democrats right so that the war they're fighting the bush effectively and so this is class war and of course in the u.k. a class war never want to weigh and balance just becoming more entrenched in the united states we haven't had true class war before we fought economic war but we haven't had a class war like we're having now yet i mean ok martin luther king jr did specifically and nobody none of the virtues signallers on amazon d.c. or c.n.n. whatever point to what he said economically what he talked about the economic structure that was benefiting a certain elite around the world in these imperial wars and our actions as an empire around the world how it benefits like that was to him primary over racial issues that it was all part of that story of the economic suppression and the economic system that wa

right this or do you know hasn't been part of the lexicon in quite some time since probably marx's day was as of now are popping up interesting social marxism social. you know what is the cortez talk about o.c.b. social democracy kind of socialist marxist like social democrats social democrats right so that the in the war they're fighting the bush was effectively and so this is a class war and of course in the u.k. a class war never want to way and now it's just becoming more entrenched in the united states we haven't had true class war before we fought economic war but we haven't had a class war like we're having now yet i mean ok martin luther king jr did specifically a noble. the none of the virtues signallers on imus and b. c. or c.n.n. whatever point to what he said economically what he talked about the economic structure that was benefiting a certain elite around the world in these imperial wars and our actions as an empire around the world how it benefits like that was to him primary over racial issues that it was all part of that story of the economic suppression and the econom

right this or do you know hasn't been part of the lexicon in quite some time since probably marx's day was as of now are popping up interesting social marxism social. you know what is the cortez talk about o.c.b. social democracy kind of socialist marxist like social democrats social democrats right so that the war they're fighting the effectively and so this is class war and of course in the u.k. a class war never want to weigh and balance just becoming more entrenched in the united states we haven't had true class war before we fought economic war but we haven't had a class war like we're having now yet i mean ok martin luther king jr did specifically and nobody none of the virtues signallers on imus and b. c. or c.n.n. whatever point to what he said economically what he talked about the economic structure that was benefiting a certain elite around the world in these imperial wars and our actions as an empire around the world how it benefits like that was to him primary over racial issues that it was all part of that story of the economic suppression and the economic system that was

ross talking some real news i'm joined by my guest here in moscow marx lability he's an international affairs and security analyst we also have dimitri bobbitt she's a political analyst we spoke nick international and in london we cross to marcus papadopoulos he's the editor of politics first magazine right gentlemen crossed up rules in effect that means you can jump in anytime you want and i always appreciate let me go to marcus in in london we have we have a mike pompei on his tour in the middle east he gave a wide ranging if very confusing speech in cairo essentially he's blaming american foreign policy in the middle east on barack obama while at the same time talking about the same three issues iran iran and iran what were you what's your take away from the secretary of state's tour. yes i read the transcripts of estates and i found it a most peculiar want but i think i can explain it i think that mr is trying to reassure americans key allies in the middle east and who say all israel saudi arabia and so less of this extents egypt that america despite have been lost. it's objective

lar >> you talked about marx. there have been attempts to get away from capitalism. we have seen them. my question is, do you think they have been more successful? prof. satia: like the soviet union? no. >> well, take your pick. prof. satia: hmm. i mean, yeah, i guess you could think of the scandinavian countries as a way out. i do not know enough, though -- i am wary of picking out a real -- a particular society in the world today. yeah, i do not see it. because even with sweden, the arms manufacturers, they sell here. right? so, it is very difficult -- i mean, part of this story is that it is a global story. so, i do not think you can think of a society in isolation which has peace within because maybe it is a mess everywhere else. most of the world has tight controls on gun ownership and much more relative peace and much more gun violence, but that is because we're kind of subsidizing that violence. our violence subsidizes their peace, because all of their gun manufacturers consult to us and we own half the guns that exist in the world, american civilians. their p

fundamental principle of our economic system capitalism only works when the economy grows but karl marx recognize something else as well it is this growth that will eventually destroy the system itself. and today every reach that point is the system about to collapse. at infinite growth actually be possible. the governments don't want us to even question the g. word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken over them. what is this visceral fear that emerges as soon as growth starts to go away. and he sells off to one of vox storm kindness garnished gave a whale to be defined as a dimension the labels could even talk back storm in us. all to go back soon style gets b

he wrote such things as darwin, marx, wagner. i had the great pleasure of taking a class -- when i was in indiana, i took a course of something called international relations. i never figured out what it was about, but i was able to read books for two years. the most pleasurable was under the tutorship of jacques barzun. he was present for the opening night of the firebird in paris. i think 1913. there was a notorious opening performance. here is a man who was a contemporary of stravinsky and so many cultural figures. i so loved his scholarly presence. i went to see him once. i got into my brooks brothers blazer, brand new, tie. i went to see professor barzun who had an office in one of the dignified buildings. this was 1971 or something. i was the only guy on campus wearing a necktie. the president received me. he was somewhat distant. he did not mean to be chilly or patronizing, but he came across as it. i asked him how he became self-read. he said, why? read. so i have been reading. it was good advice. brian: how long until --

he wrote such things as darwin, marx, wagner. i had the great pleasure of taking a class -- when i was in indiana, i took a course of something called international relations. i never figured out what it was about, but i was able to read books for two years. the most pleasurable was under the tutorship of jacques barzun. he was present for the opening night of the firebird in paris. i think 1913. here was a notorious opening performance. here is a man who was a contemporary of stravinsky and so many cultural figures. i so loved his scholarly resence. i went to see him once. i got into my brooks brothers blazer, brand new, tie. i went to see professor barzun who had an office in one of the dignified buildings. his was 1971 or something. i was the only guy on campus wearing a necktie. the president received me. he was somewhat distant. he did not mean to be chilly or patronizing, but he came across as it. i asked him how he became self-read. he said, why? read. so i have been reading. it was good advice. brian: how long until -- ja

he wrote such things as darwin, marx , wagner. i had the great pleasure of taking a class -- when i was in indiana, i took a course of something called international relations. i never figured out what it was about, but i was able to read books for two years. the most preferable -- pleasurable was under the barzun.p of jacques he was present for the opening night of the firebird in paris. i think 1913. notorious opening performance. here is a man who was a contemporary of stravinsky and so many cultural figures. his scholarly presence. i went to see him once. i got into my brooks brothers blazer, brand new, tie. i went to see professor barzun who had an office in one of the dignified buildings. this was 1971 or something. i was the only guy on campus wearing a necktie. wasnds of ours -- he somewhat distant. he did not mean to be chilly or patronizing, but he came across as it. i asked him how he became self-red. ad. he said, why? read. brian: how long until -- james: i wanted to be in the way of writing. whether it was for books o