Transcripts For BLOOMBERG Charlie Rose 20160324 : vimarsana.

BLOOMBERG Charlie Rose March 24, 2016

One of out at this point the bombers was at the airport. And one in the metro station. They are two brothers. They are from one of these districts in brussels that is heavily immigrant. Ofy have a long history violent, sort of armed thievery of different kinds. They were joined by other people. What we do not know yet is how many others. Charlie 13 million hispanics are expected to vote in the 2016 president ial election. As we saw in the contentious primaries, they will not say the same thing. Lumping all latinos into one voting block is one of the many myths about them. The latino donor collaborative is striving to provide an accurate portrayal of latinos and the contribution they make in our society. Joining me is sol trujillo, the founder and chairman. He is former ceo of us west. Also with me, aida alvarez. She is the chair of the Latino Community foundation of San Francisco and serves on the boards of walmart and hp. She was the first latina to hold a u. S. Cabinet position. And henry cisneros, the executive chairman of city view. He served as the 10th secretary of housing and urban development. This is an important conversation. I start with the basic question. Hispanicse talk about. Some people talk about latinos. Give us a guide in how we use which phrase. They are interchangeable. People are used to being called hispanic. Some people like to use latino. Most people are using a broader phraseology. What is most important is the people we are talking about are americans, aspiring to be americans. They are part of the core economy. The big story we are here to talk about is essentially what i call the new mainstream economy. T gets to this issue chaie you started the latino donor collaborative . Guest it was started by henry and i to look at what was happening, the conversation about latinos in the country, intended to be negative, intended to be a lot of things aat, if you are a parent of young latino, you would say, i do not want to see that on tv. Decided we was we would form a Nonpartisan Group solely focused on what i call the brand. With facts and data that might be relevant for ple to understand that what latinos in the United States really are. Charlie what are the myths about latinos . Guest that everyone in the population is unpopulated. Ask, how surveys that many are undocumented . People would say half. The truth is 16 . It is 55 Million People plus growing to 100 Million People. A population that is younger than the average. Therefore, household formations yet to come. Therefore, homeownership, 1. 5mer purchases, trillion worth of spending in the economy. Part of our function in being here is to, at this moment in american life, when so many myths are perpetuated related to latinos, to tell the truth about this community and its role in the american future. Myth latinos are a drag on the economy . Guest myth. Them on theyou put world scale, they are the 11th largest economy in the world. That is not a drag in the economy. They are creating businesses at a faster rate than any other group. 2012, 47 of new growth came from latinos. Whereas there was a decline by 2 of businesses by nonlatinos. Charlie half of total purchases . New home of all mortgages taken out in the last decade were taken out by latino families. That gets to the core of the economy as we start to talk about it. Aida mentioned business formations. In the last half decade, 86 of all new business formations in the last half decade were created by latinos. A as is this exhibit to why immigration has been good for the United States . Guest it is part of that story. When people come here, they spend. They get jobs. Sometimes with improper Social Security numbers. They get access. They are paying taxes into a system they do not withdraw from. The other part is the amount of spend. We forget what is happening with spending. This 1. 5 trillion of purchasing power is a big deal. Michael bloomberg and Rupert Murdoch testified before congress a few years back, talking about in other trillion and a half opportunity. Charlie what percentage are born in america . Not know the percentage, but at this point, i think the majority are born in the United States. We have a younger than average population. We may have issues in the future, but growth is not going to be one of them. America is going to increase by 100 million. Thrust in that is the young latino population. Guest they are the Fastest Growing sector in the workplace. By 2020, 19 of all workers will be latino. Charlie are they participating in the political process . Guest increasingly. States thisal swing year will be decided by latino votes. Places like colorado, new mexico, arizona, virginia, north carolina. Florida, for sure. Not to mention traditional voting blocs in california and texas, other places. What we are talking about here because of the youthfulness of the population is the spirit of the future in the United States. The spirit of the future. Charlie meaning that america is always on the frontier . Some absolutely, but americans have lost faith in that future. Our best days are behind us. We are destined to be losers. Build a wall, deport them. Phrases that are becoming common in parlance. It becomes important to define a more optimistic future. Latinos in body that. Charlie we are obviously talking about the Trump Campaign in resonating with people who feel that america is not great, who are angry. Guest it is broader than that. A lot of people have not understood the realistic dynamic of what is occurring. Guest so much has happened over the last couple of decades. We have had globalization with the automotive industry. We have the entrance of japanese manufacturers, german manufacturers, everyone that has taken market share, which lowers the amount of employed people in the United States for a decade or two. Then there was a resurgence that said some of these companies are in places, maybe not in traditional places, but alabama, kentucky. People lost jobs. They are angry, frustrated. The jobs are not where they used to be. Charlie not in the sector they used to be. Guest it has nothing to do with immigration. Well before the notion of immigration or immigrants are taking my job. Youth 93 of young latino every year our nativeborn that are turning 18. Let me say that again. There is almost a million latino young people turning 18 every year. 93 are nativeborn. This idea there is this thing about people coming from somewhere else, we know the last four or five years, there has been net negative migration from the mexico. From exitmmigrants go, latin american countries . Mexico, latin american countries . It is still predominantly republican. Mexican americans, depending on where they live, in texas, somewhat more conservative than california, but tend to be democrats. Puerto ricans tend to be democrats. I am a democrat, but i was mayor when president reagan came to visit. He said, latinos are republican. They just do not know it. Charlie because of family values . Guest church and faith, entrepreneurial skills these are mainstream american values. The country ought to celebrate it has an immigration population growing with these values. Charlie is reagan right . Guest it is not that they are partisanly becoming republicans, but they are part of the american core. Charlie their values . Guest their values are holding steady. Guest faith, family, the work ethic, the data of 86 of all new Companies Formed in the last decade, very entrepreneurial. That is part of the dna of being an american. I have lived around the world, and the one thing that is unique about our country is we know how to innovate. We know how to do the things that create change. That is what is most important in our economy. This is a megatrend within our country that the story has not been told. Is the growth of latinos as a percentage of a population as well as the Economic Contribution to the economy . Creating businesses and, therefore, greeting jobs . Creating jobs . Exist . These myths because of media . Guest people are fearful. Fear can be converted to angry. Charlie if latinos gain, they lose . Guest exactly. Also, there are people with different last names among us. Guest it is happening in places where you do not expect. , i went to earlier iowa to celebrate the creation of statewide Hispanic Chamber of commerce. There was arived, paid advertisement in the newspaper saying these strangers , these people, are coming here, they are criminals, disrupting our lives. It was really demonizing mexican americans who were there to fill jobs not being taken. There was an exodus of young people that did not want to do the jobs. It is part of the american narrative on immigration. Charlie they do jobs that other americans do not want to do . Guest in some ways. But there are many things that are different. This is what the real story is. It is no longer just about immigration. It is what is powering our economy . Weak percentage growth. It is something that we can drive faster. The Stanford Latino Entrepreneurship Institute did a study. What we saw is that this disproportionate growth created by business formations, the bigger story is businesses were nonlatinofast as businesses would be another trillion dollar investment in the economy. Latino created businesses. Charlie growing as fast as nonlatino businesses . Great question, the right question. Access to capital is the problem for any business starting. But there are layers like angel networks, access to venture capital, that they do not have the networks. We are trying to bridge the gap as one of those elements that is not government. It is about private sector looking to make money. The big story is walmart. 90 plus percent of year on year sales growth is due to latinos. Charlie lets look at their sales growth and assume it is a hundred, 90 is latinos . Guest in some markets. That 217,000 of walmart employees identify as latino. Probably the biggest private employer of latinos in the country. They are also the customers. Customerrt, the latino is really an important customer they are seeking to continue to attract. It is a big part of their customer base. They recognize the bottom line is this is where the growth is. Is americansint need to stop and listen and think carefully. There are facts we have tried to print present a sense of. This is a much Better Future than the alternative future of people who are separated, denigrated, never achieve full potential. This is the right thing for america. In this election season, in this time period, it is wise to take stock. It crazy there is not much conversation about how to grow the American Economy . Guest that is the point here. There is one element we have that is unique versus china, other places. Latino growth sector of the population. Young, energetic, willing to work. Charlie it is one thing to have with respect to latino communities, but businesses are always supposed to be able to understand what is in its best interests. There should be no discrimination in terms of understanding. When Automotive Companies see that the growth of their business relies on latinos of driving age. When voters see it, walmart sees it, they are unfortunately drowned out. Charlie tell me where you think the politics are. Will latinos vote actively against donald trump . Guest they are very fearful today. I was talking with latinos at the street level in chicago. Every person i visited, the respective of who they were for, they are fearful of donald trump. Distinguish between a person who says they will deport 12 Million People or work within the system. Guest people are reacting to that. You saw it in the midterm elections. So conversation has been negative. Charlie is the latino vote up for grabs . Is oneyes, but there more threshold issue. Rapists, killers, whatever they might be called, people have been silent and they are not standing up and saying, these are contribute in people to our economy. And so what is happening, and i was in denver saturday night at an event of over 17,000 people, and everybody was talking about young people coming out, and they are going out in addition to these registered voters. We have a whole country that is disassembling. This is not about a longterm issue that is a wedge issue. Too many people charlie to make it a wedge issue . Henry it is not in this countrys issue. Countrys best interest. Absolutely not in their longterm interest. I think latinos will be mobilized. Charlie no party, no interest . So let me close with this, how are you going to deal with this . You come here and you talk to me donor, i mean, is this simply a need for latinos to go out and explain the make is in contribution of the American Culture . Is bringing the facts in the data to the conversation for everybody and also engaging in a conversation so it is rational to the extent that it can be independent and it becomes very personalized, because we can personalize it in terms of cities, states, and people. Henry and also i would say in the american tradition, latino people are also increasingly selfdetermined and selfreliant in improving health care and other subjects. We will not just make a contribution to our own people, but to the country as a whole. It is one of the megatrends of the future. Charlie this is so intricately tied to americaness. Thank you. It is great to see all of you. Back in a moment. Stay with us. Charlie nora ephron was a essayist,lmmaker, novelist, and journalist. She was more than that. Friend of this program. She died at the age of 71 after a very private battle with leukemia. Her son, jacob, follows her life in a new documentary, everything is copy nora ephron, scripted and unscripted. Coming monday on hbo and heres the trailer for the film. Writers are cannibal, they really are. If you say anything good and if anything good happens to you, you are in big trouble. [laughter] she was a very smart filmmaker, writer, reporter, really true writing is impossibly hard. Herhen i wanted to make laugh. It was just like winning an oscar. Dont know if people think i am an expert in relationships, but i definitely am. Sometimes i wish my husband were dead. Merv sure, sure. Jane nora ephrons first novel, asking,rn has people nora, is this your life . Divorce, she cried for six months, but she wrote about it, and she wrote it honey, and in writing it funny, in wrote it funny, and writing it funny, she won. That my mother used to say whenever something happened that was tragic, everything is copy. Y after being so open about everything else, why after being so open about everything else, why would she be so personal . Meryl she achieved a private act. Nora the story of my life. Everything is copy. Islie everything is copy available now on hbo, hbo now, and hbo on demand. I welcome back jacob bernstein. Thank you for being here. Jacob thank you. Charlie explain the title. Jacob my mother used to say that my grandmother was a screenwriter and she said that everything is copy, and if something didnt happen right or if a boy did like you, her mother used to say, everything is copy. Basically it means what is tragedy today will be funny tomorrow and it was a way to say get over it because your life has the ability to be a comedy rather than a tragedy. Charlie why do i think that somehow this came to her in talking about her mothers death . Jacob i dont know. It was a thing that her mom had said but when her mom died, when she was on her deathbed, she said to her, take note. Charlie everything is copy. Piece of thatte a i believe was an esquire and an anthologyut in they put out a few years ago, and that is what she, you know, she really came to believe, at least for a very long time that if you at least found a way to tell your story, you you could control the narrative, and she had a very good sense that the experiences that you have, you dont want to waste if you are a writer. That wasnt always so easy for the people around her. Charlie this was a film you had to make . After yes, i felt that she died, i wanted to write about her in some way. I also was selfaware enough to know that i wasnt going to be able to write a book about her that wasnt better than any of the books that she had written about herself, and i had seen the Bill Cunningham documentary. Charlie about Bill Cunningham . For those of you who dont know, bill come the end bill a photographer who had a way to capture stuff that appeared every sunday. Jacob so there had been that and there had been the joan rivers documentary of the valentino documentary, so there was this spate of great cultural documentaries coming out, and it seemed to me that we could make one of those and we could allow her to be the star of it and i could kind of help narrate her story. Died,he summer after she i was in the hamptons at our Country House and i realized that the last two essay collections she wrote, i feel bad about my neck and i feel that iut nothing, was knew almost immediately that we could splice pieces of them throughout the film and that she would be able to narrate large portions of it herself. Charlie so was this an opportunity for yourself to share your mother with the larger world or for you, in a sense, to have all of us take a larger journey . Jacob i think both. I have some questions, too, about what it meant to be a writer. I was 33 at that point and i had been doing magazine journalism and at that point, i was still freelancing for the New York Times where i now work the New York Times where i now work. I was looking for something to do and i was interested in how the private and the public had met up for her and then diverge from one another. Tender is the night about six months before she died. Of course, there was its gerald writing about the breakup of his tzgerald writing about the breakup of his marriage and Zelda Fitzgerald geraldg about fitz spiral of this madness, so it seems like we could write this film and make it about her story and also an exploration about what it means to be a writer and we could share stuff that other people dont always want shared. Charlie how do you explain your mother . Jacob witty, funny, loving, and really tough. Ch

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