Charlie Rose

SharkswithfrikingLazers  04/18/2013 05:33 PM Report

Michael, is Bill Gates right:

http://cache.gizmodo.com/assets/images/4/2011/10/bill-gates-blockquote-hamburger__1__01.jpg

(Kinda sucks you in once it gets rolling?)

NeilMacCallister  03/06/2013 10:36 PM Report

America is such an ignorant society...

..perhaps it is time.

finalfantasytown  03/05/2013 11:26 PM Report

The persuasion needs to be accelerated. I feel upset when thinking of this. I know it comes from Hera. What should be done is simple and complicated. Hera has decided jumping to the East. The power should be taken by Poseidon.

finalfantasytown  03/05/2013 11:22 PM Report

when 'culture' comes to me, suddently it disappears. why?

I need to understand 'thought' and 'Metis'

What is doing is to prove the failure and to know how far Mayans go and what kinds of documents are burned by Qin Shihuang.

NeilMacCallister  03/05/2013 09:19 AM Report

Gates, and Buffett, and Bloomberg actually ARE "taking care of their own backyard". Has anyone ever seen these men on television as frequently as they now come on Charlie Rose to plug Barack Obama's "high spending - huge contracts - outrageously subsidizing" ways??

Of course Bill, and Warren, and Michael are going to snuggle up close! (.."Oh, and me too, Mr. Obama" says Charlie)

***

And John Maynard Keynes???

He is the guy standing outside the liquor store telling the 17-yr old kid "To get that beer, just give me your ten dollars -- and then go stand quietly around the corner."

The kid will never see that guy, or his $10 again.

In CA, ..Dem Gov. Jerry Brown is "borrowing" a $100 Billion dollars to erect his personal "high speed train".

The loan's repayments don't start becoming due for 20 YEARS!!

Our underemployed grandchildren will face a 100% CA Sales Tax to pay for Jerry's "legacy" project.

***

But I don't think Jerry HAS any kids, ..and I don't think Charlie has kids, ..I know Bill, Warren and Barack have a few children, ..but those children will surely ALL get "tax exemptions" because of all the "charity work" they do.

Yes, ..Bill, Warren and the boys are definitely "taking care of their own backyard" .. :)

shibumi  03/05/2013 05:29 AM Report

Forbes new billionaire list came out..there are now 1,426 billionaires in the world...how many more we dont know about..

gates and bloomberg and other billionaires have good intentions and money but lack leadership,vision and imagination.many people in the good old usa are in dire need of support and these guys are going half way around the world to cure polio..

SO INSULATED AND OUT OF TOUCH MAN...SUCH SQUARES...

LETS TAKE CARE OF OUR OWN BACKYARD .

SharkswithfrikingLazers  03/05/2013 03:02 AM Report

Perhaps we need more research into this DNA that attacks viruses and bacteria . . .

"Humans carry a very specific Neanderthal piece of DNA that is essential to the immune system’s ability to attack viruses and bacteria, the HLA or Human Leukocyte Antigen. Because individuals who carried HLA might well have survived when others didn’t, the HLA became naturally selected for, and therefore present in the descendant population, us, ”saving lives to this day.’"

SharkswithfrikingLazers  03/04/2013 07:04 PM Report

Hey Bill Gates,

JUST 5 PERCENT OF AMERICANS ACCOUNTED FOR HALF OF THE NATION'S HEALTH CARE COSTS IN 2009.

http://transcripts.cnn.com/TRANSCRIPTS/1211/22/fzgps.01.html

Let's hook this five percent up to a Microsoft product and see what the hec is going on.

Too much eating? Too much smoking? Too much sitting? Too much blood pressure? Too much blood sugar? Too many genetic issues?

We have the technology and the number is manageable and Lord knows there might just be enough money.

The problem is that this goose lays the golden egg and America pays 17% of our GDP for its feed. So it will be very difficult because all those goose lovers are REALLY well connected.

SharkswithfrikingLazers  03/04/2013 06:50 PM Report

Charlie, you should have Dr. Robert Galvin at the table.

Equity Healthcare uses its purchasing volume to develop customized products that manage the healthcare of employees and their families resulting in lower year over year medical claim costs.

He was on this panel: http://www.c-spanvideo.org/program/310760-3

The development of companion diagnostics, whereby molecular assays that measure levels of proteins, genes or specific mutations are used to provide a specific therapy for an individual's condition by stratifying disease status, selecting the proper medication and tailoring dosages to that patient's specific needs.

Additionally, such methods might be used to assess a patient's risk factor for a number of conditions and tailor individual preventative treatments such as nutritional immunology approaches.

charles76  03/04/2013 05:21 PM Report

Did Bill Gates just giggle at the thought of a billion chinese dying of cancer from tabacco? Don't know if the word 'chinese' made him laugh or if he just realized there'll be less competition for the US and less pirating of his software. Finally, there is a winning strategy to stem China's rise in the future.

DonnaL  03/04/2013 03:24 PM Report

Charlie, Charlie, Charlie, I am so disappointed. After that fabulous interview with Steven Brill recently, how could you let Bloomberg get away with saying that our health care system is inefficient and then go on to say that we should _increase_ the age for Medicare? As Brill pointed out, Medicare is the most cost efficient part of our healthcare system. [I'm not saying it's perfect, of course.] Bloomberg's arguments about health care were the same old myths that keep us in the situation we are in. How could you not ask two of the richest men in the world about whether they think the huge profits of the pharma and medical device industries are reasonable - especially given that the cost of their products keep many from health, sometimes life itself!

Max83  03/04/2013 04:40 AM Report

I forgot the video link in my comment below:

Davos 2013 - An Insight, An Idea with George Soros

Video Link: https://www.youtube.com/watch?v=lXcUSzN6cBs

'' Published on Feb 15, 2013

An Insight, An Idea with George Soros

A conversation with George Soros on rebalancing a society that has become critically divided into creditors and debtors

• George Soros, Chairman, Soros Fund Management, USA

Interviewed by

• Francine Lacqua, Editor-at-Large and Presenter, Bloomberg Television, United Kingdom''

Max83  03/04/2013 04:33 AM Report

I agree. Very good, positive and productive comments below. Thank you Gelles for your in depth analysis. I could especially relate to your point j.:

''j. Which brings us to Barack Obama, president of the USA. In the next few weeks and months he must quit the University of Chicago and their fear of government and the left wing fear of business whose Warren Buffet's and Bill Gates's and Michael Bloomberg's prove that business is not ALL stupid, narrow and savage. Business needs equity not debt as its foundation; it needs money that expands to never suffer a deficit in demand; deficits in supply compared to national and public need must be prevented by Keynesian investment not by Hayekian fear of socialism.''

A very good video related what is being discussed here in the comments with George Soros.

The difference between Natural phenomenon and Social phenomenon and how too much of anything, even a good thing, is not a good thing :-)

Balance and equilibrium are the keywords.

The public/government sector and the private/corporate sector in Society are ideally as Day and Night in Nature. They complement each other as Gelles pointed out before. One balance is a natural one and the other equilibrium is a social one and both are needed for growth and abundance, of both the social as well as the natural world.

The only factor that has the power to destabilize this balance is the political factor if it gets undermined by special interests be they private for profit and monopoly purposes or be they public for ideology and hegemony purposes.

Hegemony and monopoly cannot exist in a state of Abundance, that is why people that oppose Abundance promote a state of scarcity and fear also known as austerity and demagogy.

Like Gelles I am with John Maynard Keynes on this one. I am just re-reading ''Keynes: The Return of the Master'' by Robert Skidelsky. Highly recommended.

An Insight, An Idea with George Soros

A conversation with George Soros on rebalancing a society that has become critically divided into creditors and debtors

• George Soros, Chairman, Soros Fund Management, USA

Interviewed by

• Francine Lacqua, Editor-at-Large and Presenter, Bloomberg Television, United Kingdom''

bdwomack  03/03/2013 04:54 PM Report

Wow...that's some serious horsepower below...all of it!

If I were Jesus, which i'm not, I would forgive both your guests Charlie.

Mr. Gates is almost charming here.

Gelles  03/03/2013 07:51 AM Report

CORRECTIONS:

"left wing fear OF business"

"never suffer a deficit in demand; and never suffer deficits in supply (compared to national and public need). Such deficits in supply call for Keynesian investment, low taxes, often Bernankian money, and not Hayekian fear of Socialism."

Gelles  03/03/2013 07:41 AM Report

j. Which brings us to Barack Obama, president of the USA. In the next few weeks and months he must quit the University of Chicago and their fear of government and the left wing fear business whose Warren Buffet's and Bill Gates's and Michael Bloomberg's prove that business is not ALL stupid, narrow and savage. Business needs equity not debt as its foundation; it needs money that expands to never suffer a deficit in demand; deficits in supply compared to national and public need must be prevented by Keynesian investment not by Hayekian fear of socialism.

k. At this moment, as Bloomberg advised, we must have PRESIDENTIAL EXECUTIVE design and initiative, not legislative responsibility to prevent "special interest" effects that have changed government for the people into plutocracy -- over decades between Lincoln and Obama.

vmt88  03/03/2013 07:33 AM Report

I just checked out that video on youtube the commenter below mentioned, but it's actually called 'lets build world centers' and I looked at the indiegogo campaign. I have to say wow! Its so much more than what everyone else is talking about. Thats what the game has been missing.

Gelles  03/03/2013 07:25 AM Report

h. Of course the Goldie Locks solution of minimum inflation and minimum deflation is not available from laissez faire fundamentalists; nor is it already defined by do-gooders like Lincoln, the Roosevelt's, Dick Nixon's closing of the Gold window, or Ben Bernanke's good sense that American's are afraid to make use of. History responds to real events as well as common sense doctrine.

i. Common sense doctrine today demands FULL EMPLOYMENT budgeting, in every nation, and NOT cut-throat export competition by thirty nations who wished they were Germany or its clone. Germany is no longer the worst nation in history; they had their chance and now reject that disgrace. But Germany is not destined to be the sole supplier of exports, not is China. Every nation must helP to plan for FULL EMPLOYMENT at Highest possible (not anything less) wages and lowest possible pollution, corruption and savagery.

Gelles  03/03/2013 07:11 AM Report

d. I watched the video recommended below by shibumi. It is sweet. I voted thumbs up. It is in the Rodney King tradition of common sense observation that we always need a good start.

e. After starting off in the right direction, we must thereafter steer the ship we're on away from known rocks. Keynes charted a course away from the rocks. Hayek charted a course away from Keynes.

f. Krugman and Scarborough will stumble all over this mess bequeathed to us in the Road to Serfdom by Hayek and the roads to FREEDOM FROM WANT that Keynes helped us find in the 1940's and Hayekians spit on thereafter.

g. Krugman will not seek to return to the idiocy and evil of Hitler, Stalin, Mao, Pol Pot, or North Korean or Cuban imitators. Krugman will follow his Honor the Mayer, with advice to use the dollar effectively to raise supply to cover demand AND demand to cover supply, as necessary, to prevent harmful inflation AND deflation.

Gelles  03/03/2013 06:54 AM Report

c. The de-fanged nature of USA's debt is the high point of the discussion between Rose, Gates and Bloomberg, in my opinion. If Gates and Bloomberg and their billionaire philanthropic friends would give more support to the study of political economy in the Western and Eastern halves of the global economy, they might do more good than saving lives at the moment. Lives NOT designed by their parent's good sense to be protected from savage conditions, to the maximum possible degree, are evidence of natures drive to survive not humanity's drive to deal with nature's ferocity.

Gelles  03/03/2013 06:46 AM Report

b. His Honor, the Mayer responds to Rose that America's National Debt is payable in American Dollars, the world's CURRENT reserve currency. This is unique. Other DEBT is often also payable in dollars, even for foreign nations; but only America owes money which is denominated in currency over which it has more control than ordinary debtors have over what they owe. Such control allows DEBT to be de-fanged enough to give the USA more time to bring the value of the dollar up to its originally expected exchange value.

Gelles  03/03/2013 06:35 AM Report

Thanks Neil M. and Shibumi for positives in this discussion:

a. At just past the half of the CR Show discussion, CR mentions the upcoming (Monday) DEBATE between Paul Krugman and Joe Scarborough on the CR Show. The debate will focus on DEBT.

[CONTINUED IN SEGMENTS FOR FEAR OF CRASHES]

shibumi  03/03/2013 05:15 AM Report

THE NEXT BIG THING IS TO INVEST IN THE WORLD AND ITS FUTURE HEALTH AND PROSPERITY...POLIO AND GLOBAL HEALTH IN FOREIGN COUNTRIES IS ONLY ONE OBJECTIVE TO ACHIEVE;

THESE GUYS SHOULD CHECK OUT A GUY ON YOU TUBE CALLED JAMES OWEN AND HIS "BUILD WORLD CENTERS" VIDEO...

IT SEEMS MR OWEN HAS DEVOTED HIS TIME,INTELLIGENCE,IMAGINATION AND PASSION TO GATHER THE EVIDENCE TO INITIATE REAL CHANGE AND REALLY IMPACT THE WORLD. THE IDEAS TO REALLY MOVE THE WORLD DONT COME FROM THE INSIDERS...IT WILL COME FROM THE "OUTLIERS"

IE.AMAZON,APPLE,GOOGLE,EBAY,FACEBOOK...

GATES AND BLOOMBERG SHOULD CONTACT MR.OWEN..HE HAS THE "NEXT BIG THING" TO MOVE THE WORLD

NeilMacCallister  03/03/2013 02:04 AM Report

That's a big order, John, ..to change the entire interface of humankind with the universe.

Good luck, ..may the sun shine for you someday.

http://www.youtube.com/watch?v=aBRYA70nt60

Gelles  03/02/2013 01:18 PM Report

TO: Neil M.:

Thanks for the melody.

Please, Neil and all who read this, visit

http://amazon.com/forum/jobs

a. my newest discussion will be on self-starters and The-Rest-Of-Us. If it's not there, it's coming.

b. It is a compromise between the two halves of the American body politic: the "'Haves' who dismiss others as expendable" and "the rest of us who want all of us to have SO MUCH they make the human race admirable and visibly different from sharks."

NeilMacCallister  03/02/2013 12:12 PM Report

You are absolutly correct, Mr. Gelles...

..butt then, ..http://www.youtube.com/watch?v=5UX2afsTqFI

"I know what boys like".

Gelles  03/02/2013 06:52 AM Report

If, as was admitted by the Mayor earlier, American debt and currency are not like any other (especially not like what our 50 separate states are privileged to budget,) why not have some foundation effort to rationalize inaction and unemployment when so much needs to be done, so many people are here to do it, and so little money has been applied fiance GREEN, INTELLIGENCE, RATIONALITY, and SUCCESS in the face of CURRENT FAILURES?

Gelles  03/02/2013 06:44 AM Report

These two icons of wealth and purpose of life (we here learn) would save as many lives as possible: that is certainly a good beginning.

Having saved the lives of babies and others, the icons want them to be educated better and keep as trim and healthy as possible: certainly a good next step.

Now come two REAL PROBLEMS:

..... a. GOVERNANCE.

..... b. EARNING A LIVING.

Associated with these two block busters, is an item they touched:

..... c. DEBT

Not much of their largesse is going to focus on solutions in these three areas of dysfunction that all these saved lives will find waiting for them, if they survive to keep the human race on planet earth in the future.

Of course, philanthropy supports our academic and political institutions whose job is to solve problems in governance, supply, demand and debt (as both debt and money). So we may say this interview had the bases covered. But did it amount to anything?

Paul Krugman is coming up to show us what needs doing NOW. Philanthropy is not an immediate thing -- business is that. And politics is its partner.

Some previous comment in this discussion by others does nothing to straighten out the fundamental questions that the richest smartest men in town have not touched with their heads or money. It leaves the audience no further ahead than if they had never bee born or never met.

SharkswithfrikingLazers  03/01/2013 04:03 PM Report

Charlie, the question for these two billionaires--and you told us they are in the Top 10--"is our system broken when it allows the concentration of such great wealth into the hands of a few?"

Average family net worth is $77K. This is 3.3 inches of hundred dollar bills.

A billion dollars is 42,996 inches of hundred dollar bills.

3 inches vs. 42,996 inches (and this is only one billion dollars when these two have more).

There are about 430 American billionaires.

Do you see why you should have asked this question?

If not, look here:

http://demonocracy.info/infographics/usa/us_debt/us_debt.html

REMant  03/01/2013 01:45 PM Report

Bloomberg seems to be a classic case of self-serving social control exercised in the name benevolence. He undoubtedly would have been a Victorian temperance reformer, just as he's been an anti-smoking and anti-soft drink activist. But as was the case with the Victorians, the money for this can only be derived by lifting it from the pockets of the ppl being patronized.

The fact that Gates has the money he has, can only be an indication that he was allowed to charge way too much for his products, and his investors the money to bid up his stock, by the bankers who manufacture it, and ditto Bloomberg who derived a lot of his wealth in the period just before the 2008 crash, in what must have been real estate speculation. So all this good-doing can't be defended on the basis of prophylaxis.

I am not arguing that given the circumstances of the inner cities there aren't things which need to be done. I'm just saying look at the root cause first.

The problem's not health; it's philanthropy. It isn't a matter of education; it's a matter of stopping the impoverishment to begin with. This hypocrisy lies at the heart of this kind of liberalism, even, as we know, infecting its economic theory.

It seems to me that instead of giving a pittance to stop polio in Africa, or to his alma mater, and making a big noise about it, Bloomberg might have considered using his questionable gains to repair damaged dwellings in the Rockaways or donating it to a fund to keep real estate bubble victims in their homes. Indeed, instead of profiting from it, he might have spoken out about this impending disaster when it could have done some good.

Maybe they have an unacknowledged guilty conscience, but certainly, when ppl like the mayor give millions to run ads on gun control, they can no longer complain about money in politics. Nor complain about the media when they co-opt public TV to get a platform to preach from. Fortunately, I doubt anyone bothers anymore to watch or listen to him, except to enjoy a good laugh.

And for a man who was a Democrat when Clinton was in office and a Republican when Bush was, hypocrisy appears only consistent thing about Bloomberg. Plus he's another who seems to have avoided military service during Vietnam.

He's not even in command of his facts. Nothing he said about the supposed cause of climate differences has been proved. In fact, we've had all this kind of weather before and there's nothing that lies outside even recent statistics, underscored by polling showing a steep decline in public interest in the subject (which, of course, the pollsters blame on economics and a lack of leadership, tho on the theory that carbon emissions create climate change, it should be hard to argue that an economic downturn is a bad thing).

Nor anything about guns. Even if you take into account all the potential, as well as, actual mass murders only an infinitesimal fraction of them involve so-called assault weapons. Russian citizens have no guns, so they knife each other, when they aren't running them down on the highway. What difference does it make, except perhaps to police, who can more easily gun them down? Will that deter murder? Ppl kill themselves with plastic bags. Are we going to outlaw them, too? And crime has always been found to increase, not decrease, wherever and whenever gun control has been legislated. Registration, as a political matter, has always been resisted in this country and with good reason.

As I mentioned the other day, the only interest, (aside from warehousing and reforming poor immigrants,, that is) the public has ever shown in formal education has been to confer status on their own offspring. And that is about all it ever has done, any needed training just as easily acquired in practice, undertaken and paid for by those whom it benefits. It should not be surprising His Honor is also opposed to that.

If Bob Woodward is to be believed, the president came up with the sequester idea himself, no doubt because he felt he could easily win the govt shutdown game. What is never mentioned is that, whatever the sequester may mean for this year's spending, it does not decrease the overall rate of Federal govt spending, or that the administration has fudged the figures to insure it doesn't.

BTW, our Constitution asks the executive for advice, not leadership - certainly not this kind of leadership. They don't even do that in the UK anymore. I might add, that if you want to rely on a govt of "checks and balances" you logically have to accept that the result will be trench warfare.

All these problems have not occurred because of bureaucracy, but because of the unbridled ability of bankers to create money, which has not only destroyed the incentive to work and save, but also all but eliminated the livelihoods of ppl who might be tempted to do it. And this is what has made education and health unaffordable for so many, not a few foibles amenable to Taylorism.