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Necessary for the function because it creates incentives to work hard and take risks. Left entirely to his own, the market system will produce more inequality in this economically necessary. Here in our country, we have much more inequality than is necessary for efficiency. I believe this is a moral problem from the standpoint of social equity. But excessive inequality not only undermines social and political cohesion, it is also recently been shown to have negative effects on growth and stability as well. Recent research at the imf has shown that excessive inequality slows growth, costa price...

After months of inaction and delays. A Bipartisan Committee reaching a deal. The plan now going to the full house and senate for approval. Libby casey joining us live from capitol hill with the latest. The fact that were talking about congress doing something is interesting in itself. And it really just took two members patty murray and paul brian. And they finally announced a deal last night. In in a case of rare bipartisan agreement, aimed at averting another Government Shutdown a new budget deal is on the table for now. When one countdown clock was stopped, it wasnt too long before the next...

Now, secretarygeneral of the united nations. President sf four travel. Not george bush, senior, but other living president s with president obama. I thought the New York Times article on travel, 16 hours on air force one, having them all on board, and they made it quite. It is at a soccer stadium. One of three public events. 90 thousandf people. It is not a holiday in south africa and train stations at the outskirts of johannesburg most people going to work as if it was a normal day. A lot of people showing up. We will bring the full comments of president obama in johannesburg when he speaks a...

After being trapped in the snow for days. The unique way he kept them all alive. You are looking at live pictures of the union builds thats where Nelson Mandelas body will lie in state for three days. You can see throngs of people waiting to file past the cast cot, they are saying goodbye to the man. Each day as the nations first black president only two decades ago. It will be renamed the mandela am picture theater. Good morning, and welcome to Al Jazeera America. More on the fay well to Nelson Mandela in just a few minutes. But fist, a Major Development in washington. Congressional negotiato...

Mac moment. It is a key check on the help of the global consumer. Figures come out later this week. And the president will leave for south africa this morning. He will be attending Memorial Services for nelson mandela. George bush and Hillary Clinton will join the president and the first lady. Jimmy carter and bill clinton will fly separately. They will join dozens of other dignitaries and tens of thousands of mourners at the service being held in johannesburg. That is your morning brief. It was a subtle weekend. Particularly in bitcoin. That will be a feature during the week. Futures are up. ...