All In with Chris Hayes, Transcript 04/15/15

Lynn Sweet, Nick Confessore, Terry Rozema, Alexis Goldstein, Dan Price


CHRIS HAYES, MSNBC HOST (voice-over): Tonight on ALL IN –


HAYES: The Hillary Clinton experience continues in Iowa.

with money in their pockets to buy more fruit, to go bowling.

HAYES: Tonight, Hillary made actual news today. We`ll tell you what
it was.

And “Hillary for Millennials” episode 3. Why she once felt the need
to apologize to a country superstar.

UNIDENTIFIED MALE: I must tell you, Tammy Wynette is hopping mad.

HAYES: And meet the patron with a $2 million toy train set. Your
2016 billionaire scouting report is ahead.

Then, my interview with the Arizona police chief defending his officer
for ramming a suspect with his car.

And as minimum wage protests erupt across America, I`ll talk to the
CEO setting his company`s minimum wage at $70,000 a year.

ALL IN starts now.


HAYES: Good evening from New York. I`m Chris Hayes.

Hillary Clinton made actual real bona fide news today, announcing a
new position on a divisive national issue. It was Clinton`s second day on
the campaign trail. She was in the caucus state of Iowa, with reporters
taking any opportunity to hit their deadlines. That`s Peter Nicholas of
“The Wall Street Journal” sitting in a field with his headphones and a
laptop open.

Clinton started her day at Tremont Grille, a local diner of
Marshalltown, where she chatted with owners, along with activists and small
business owners.


CLINTON: Great to be here. Hi, how are you? Hello, everybody.


UNIDENTIFIED FEMALE: I farm in Northern Iowa and I`m the first woman
president of the National Corn Growers Association.



UNIDENTIFIED FEMALE: I hope it`s good omen.

CLINTON: I hope so too.

Life treating you OK?

UNIDENTIFIED FEMALE: Good, good, good.

UNIDENTIFIED FEMALE: I`m having a good time, it is so much –

UNIDENTIFIED MALE: Of course, it`s fun.

CLINTON: It is fun.

I`m back, I came before, I love it.


HAYES: Clinton then toured a food distribution company in Norwalk,
Iowa, and conducted a small business roundtable.


CLINTON: Unfortunately, the deck is still stacked in favor of those
at the top, and we need to reshuffle the cards and begin to play a
different hand – a hand that includes everybody.

So when are you open? When is your bowling alley – you know, I`m
going to be in Iowa a lot much.


HAYES: As for that news I mentioned earlier, Clinton`s campaign today
said the campaign supports marriage equality and hopes the Supreme Court
will come down on the side of same sex couples being guaranteed that
constitutional right.

With Supreme Court preparing to rule on same sex marriage, Clinton`s
message may seem like a no-brainer for a Democratic presidential candidate.
But it actually reflects an important shift. Clinton came out in favor of
same sex marriage in 2013. But until now, her position has been that
individual states should decide if marriage equality should be legal. Now,
she`s calling on the Supreme Court to rule it a constitutional right for

Meanwhile, in the absence of clear competition for the nomination.
Clinton continues to rack up endorsements. As of today, 64 percent of
sitting Democratic senators, that`s 28 out of 44, have endorsed her. She`s
also secured endorsements from 65 Democrats in the House.

Joining me now, MSNBC national correspondent Joy Reid, straight from
the Clinton campaign trail in Iowa.

All right. Here`s my first question, Joy – the marriage equality
news strikes me as significant if not unexpected. But again, this is a
genuine shift in position. It was not the position she has normally, and
also a pretty important thing to say in advance of the Supreme Court

think what you`re seeing is this wholesale recalibration of the entire
Hillary Clinton brand from new Democrat to the left. She`s trying to get
closer to the Elizabeth Warren brand, and that constituency.

In addition to that, you`re also seeing this recalibration away from
some of the Bill Clinton quite frankly legacy, because you`ve already had
“don`t ask, don`t tell” go down. You know, Bill Clinton is also the
president who signed DOMA. So, you`re having Hillary give herself a kick
off from that part of Bill Clinton`s legacy.

And you know what? As you said, these are the positions she needs to
have in a Democratic primary.

HAYES: You know, to the extent that it`s discernible, I wonder what
you feel like the atmosphere is there in Iowa, because I feel like there`s
a certain – we called it the other day when she announced like both the
news and opposite of news, right? It`s been priced in to the stock so
long, to use the metaphor. It wouldn`t have moved it in any direction.

You know, if in some sense, I think there`s a media frenzy, and an eye
rolling about the pro forma nature of it. I wonder if on the ground people
are excited that Hillary Clinton`s in town?

REID: Yes, I mean, it`s interesting, because I think – you know, if
you start with the most cynical and work your way back, well, start with
the press and work your back, I think that you definitely have a fair
amount of, OK, we knew this was coming.

But I have to tell you, in the room when Hillary Clinton was at this
town hall at a community college yesterday in Monticello, the tiny little
town of 3,500 people. Even the most cynical part of that room were like,
you know what, this was pretty smart, and she did a good job. She was very
personable, very self-effacing, very on message.

One of the things that has been different this year than – versus
2008, this woman is on message, she sticks with her, I`m going to be a
champion for Americans and sticks with her middle class message.

Now, if you go then to other side, to Iowa voters who are very savvy
shoppers, they know what they want to hear. They`re accustomed to being
catered to and getting to meet all the candidates, they know they`re going
to get courted by everyone – what we`ve basically heard was a lot of
people saying, (a), it will be great to have a woman president, that was
universal, whether people liked Hillary Clinton or didn`t like her. You
didn`t hear a lot of spontaneous talk about things like the e-mail. That
was something if you brought it up, people might have talked about it,
people weren`t bringing it up.

But for the most part, what I heard was openness to what she had to
say. People were not coming at this cynically at all. People were saying,
you know what, I`m open to her, I want to hear what she has to say.

HAYES: Yes, and that`s – I mean, the strangeness here, of course, is
mostly borne out of the fact that you have someone who is as big a figure
in national politics as exists next to and including the president of the
United States, doing the thing that every candidate does, which is these
small retail events in Iowa. And those clashing together is the producing
some of the “Veep”-like nature with these interactions, which do really
seem like downright out of the HBO series.

Joy Reid, always a pleasure. Thank you.

REID: Thank you, Chris.

HAYES: All right. There are legions of people, legions, who hate
Hillary Clinton. And the reasons they hate her are wide and deep and
often, frankly, bizarre, and idiosyncratic and inscrutable to say the
least. Take for instance this gentleman, captured by MSNBC reporter Alex
Seitz-Wald who on a weekday just got a sign made up that reads “I bet
Monica could handle two e-mail accounts”, and decided to hold that sign in
a field in Iowa.

It`s a throw back to the era we`ve been revisiting each night this
week with our “Hilary Clinton for Millennials” series. And tonight, we
have a brand new episode for you, stand by your man-gate.


BILL CLINTON, FORMER PRESIDENT: I have acknowledged wrongdoing. I
have acknowledged causing pain in my marriage. I have said things to you
tonight, and to the American people from the beginning that no American
politician ever has.

HAYES (voice-over): January 1992, questions surrounding Bill
Clinton`s personal life were dominating the news cycle. Both the candidate
and his wife agreed to sit-down for a post-Super Bowl interview with “60
Minutes” that almost ended Clinton`s quest for the White House.

It would turn out the most memorable sound bite of the interview
wouldn`t come from Bill Clinton, it would come from Hillary.

Tonight`s episode, stand by your man-gate.

With the Democratic primaries in full swing, America was learning more
about a woman named Gennifer Flowers.

TOM BROKAW, NBC NEWS: No one wanted this presidential campaign to get
sidetracked by stories of an extramarital affair. But, tonight that`s what
happened as a result of allegations against Arkansas Governor Bill Clinton.

HAYES: Flowers told a supermarket tabloid she had an affair with
Clinton. A day after Clinton “60 Minutes” interviewed, Flowers called a
news conference.

GENNIFER FLOWERS: Yes, I was Bill Clinton`s lover for 12 years. And
for the past two years I have lied to the press about a relationship to
protect him.

HAYES: And while the Clinton campaign had hoped the 60 minutes
interview would later rest any questions about the flowers affair, it may
have only added fuel to the fire and created its own side controversy.

Driving the news cycle that week was Hillary Clinton`s rigorous
defense of her husband.

H. CLINTON: I`m not sitting here as some little woman standing by my
man like Tammy Wynette. I`m sitting here because I love him, and I respect
him, and I honor what he`s been through and what we`ve been through
together. And, you know, if that`s not enough for people, then heck, don`t
vote for him.

HAYES: That interview was watched by tens of millions of people. And
not everyone was happy about it.

BROKAW: Well, among those watching was Tammy Wynette herself. Mad as
hell it turns out.

HAYES: The country music star whose best known song was referenced by
Hillary Clinton was not pleased with the newfound attention. Wynette wrote
a letter telling Mrs. Clinton that she had offended every true country
music fan and every person who`s made it on their own with no one to take
them to a White House.

Who could broker a peace agreement between the two? As Wynette`s
husband would later recall, it was, of course, Burt Reynolds.

UNIDENTIFIED MALE: He called and he said, these people are friends of
mine, please have Tammy talk to Hillary. I said, OK. For you, I`m going
to do that. So I put Tammy on the phone.

HAYES: But things didn`t end there.

BROKAW: The country singer demanded an apology from Mrs. Clinton, and
today she got one.

HAYES: Hillary Clinton sat down for a prime time interview to tell
the nation just how sorry she was.

INTERVIEWER: Here`s a question you tried to deal with the other
night. Why are you standing by him? And your reply was something to the
effect you`re not some little woman just standing by her man like Tammy
Wynette. And I must tell you, Tammy Wynette is hopping mad.

H. CLINTON: And I`m sorry about that, and I apologized to Tammy
Wynette if what I said offended her. But I would not feel as strongly as I
do that he is the right man to be president in this country at this time if
I personally believed anything other than that. So, my standing by him or
for him –

INTERVIEWER: You are standing by him?

H. CLINTON: Well, of course, we`re married.

HAYES: Bill Clinton, of course, would go on to win the presidency.
Hillary Clinton proved herself to be unfazed by all the scrutiny, prepared
for all the battles ahead.

H. CLINTON: Anything they throw at us, I hope they realize we`re not
going to roll over and play dead. I think what you do is continue to be as
honest as we can with the American public and to remind folks that people
who live in glass houses shouldn`t throw stones.


HAYES: Joining me now, Lynn Sweet, Washington bureau of “Chicago Sun-
Times”. She covered Hillary Clinton during the 1992 campaign.

And, Lynn, we`ve been doing these every night, and looking at all
those archival footages of Hillary Clinton. And something that stuck out
to me is just how – what a – for lack of a better word, what a bad ass
she is. I mean, she`s so outspoken, she`s so sharp, she`s sort of – you
know, going back and forth with Dick Armey, making a Jack Kevorkian joke,
there`s a certain kind of a like serious incredible spontaneity to her.
And then you also see how the press dealt with that spontaneity which was
like creating Tammy Wynette scandals.

LYNN SWEET, CHICAGO SUN-TIMES: Well, I think, keep in mind everyone -
- this is before anyone had even heard of the TV show “Survivor”.

Now, I think Chris the thing here is, this was the first exposure to a
lot of people of Hillary Clinton, her story wasn`t known. It`s interesting
in the context of her running against the president, exactly if this will
be a factor or not. But one of the things we learned early on, and she
learned early on, is that people were hanging on every word he said. And
people were paying attention.

HAYES: And this is – had is a process that extends past Hillary
Clinton, but I think it`s largely true for everyone, this extends to Mitt
Romney, I think it was true in some ways and Barack Obama. I remember you
were the one who asked Barack Obama about Skip Gates at a press conference
getting stopped outside his house, he answered very early in his
presidency, he answered very honestly, the next thing you know, he`s got a
beer summit with a police officer.

And you can kind of tell from then on, he`s been much more hedged and
conservative, small c, in how he talks about things, people understand you
can create a whole weeks worth of stories if you`re too honest.

SWEET: Well, I think he knew that even before that July 2009 press
conference, when I asked him about that question. That was just something
he didn`t think through.

One of the things that`s hard for people on the public stage every
day, including you, is that you have to be careful because sometimes it may
be a few words away from creating a controversy that you had not intended

But what Hillary Clinton was doing back then in the `92 campaign was
juggling a lot of stuff. She was dealing with some problems with fidelity
on her husband`s front and we will know more to come in the next few years.
And she was trying to feel more – feel exactly where do I fit in in this
campaign? What`s my role? And perhaps foreshadowing something that
Michelle Obama would have when she was trying to help her husband in the
008 campaign, what – I don`t want to create a problem. I want to be a
help, not a hindrance.

HAYES: You don`t want to create a problem. You find out very quickly
that the crazy rules of being a candidate or candidate`s spouse. And also,
you want to be yourself, because you`re a fully actualized human being.
You`ve got to go out there and talk about how great your husband is.

SWEET: Well, any of us who are speaking in public right now. I don`t
want to be too much of myself, because you can`t – you have to watch what
you`re saying. But what is interesting now for the millennials, those 18
to 29-year-olds is I`m curious to see how much of this they will see as
interesting, but minor history, or not part of the Hillary Clinton story,
that they find is something they want to know about.

HAYES: I think that`s going to be very interesting too. Lynn Sweet,
thank you for being here.

SWEET: Thank you.

HAYES: Well, still ahead, the premiere of ALL IN`s billionaire
scouting report, our guide for the billionaire`s bankrolling, 2016.
Tonight, we`ll introduce you to the owner of a custom-built $2 million toy
train set, who wants to make Ted Cruz`s presidential dreams come true.

Plus, we`ll talk to the CEO who decided to make the minimum wage at
his company, $70,000 a year.

Stay with us.


HAYES: Today is the 150-year anniversary of Abraham Lincoln`s death.
After being shot by John Wilkes Booth while attending a play at Ford`s
Theater in Washington, D.C., he died the following morning, that was this
morning, at 7:22 a.m.

And last night, and this morning, hundreds of people gathered around
Ford`s Theater for a around the clock commemoration of his assassination
and death.

Without Lincoln, of course, without Lincoln ever occupying that
office, there is no Union, there is no United States and what Ulysses S.
Grant would call one of the worst causes for which people fought slavery
may well have triumphed.

We`ll be right back.


HAYES: If you`re going to run for president in this day and age.
You`re going to need a few things. Obviously, you`re going to need a Web
site, URL, you want to secure that. You`re going to need some staff, and,
you know, volunteers, probably some yard signs at some point.

But you`re also going to need more than anything else, billionaires.
Yes, in the post-Citizens United age, you need people with lots and lots of
cash to fund your super PAC.

And so, today, we`re introducing a new and recurring series here, know
your billionaires, a scouting report of the men and women behind the
candidates you`ll see glad handing in Iowa. And that`s both parties.

Joining us to help us go through the scouting report is Nick
Confessore. He`s a political reporter for “The New York Times”,
specializing in money and politics.

Great to have you here.


HAYES: All right. So, I think that this is one of the most
fascinating aspects of this campaign. It was sort of true in 2012. But
now, it`s fully flourished in 2016. Particularly on the Republican side,
because there`s a “Game of Thrones” thing happening.

Let`s talk first about Robert Mercer, he`s backing Ted Cruz. He`s
believed to be the main donor to one of the Keep the Promise super PAC.
He`s co-CEO of Renaissance Technologies. He has a $2 million model train
set, and he also is in a real war with the IRS. Isn`t he?

CONFESSORE: That`s correct. His hedge fund is basically under
investigation for the way it borrows money and the way it did transactions
to allow it to avoid paying $6 billion in taxes, which is quite a tax bill.

This firm is also, by the way, co-founded by a big Democratic super
PAC donor, Jim Simons, who`s a big giver to Democrats on this.

HAYES: And I imagine, they`re sort of be hedging their bets, right?
They sort of giving –

CONFESSORE: I can`t think of hedging better than these two guys at
this firm.

HAYES: And this has also been key for Ted Cruz because some of the
early press around him was a sort of question, like, did he have the big
money backers to go far? And in Mercer, it seems he has at least one
really strong person.

CONFESSORE: That`s right. I mean, look, there are three pots of
money now in campaign politics – small donors, medium big donors, people
who write these campaign checks, and then super PAC billionaires.


CONFESSORE: And the question was, could he get any of that middle
group, which is the bread and butter for campaigns, to get behind him.

HAYES: Right.

CONFESSORE: And the truth is, if he has the grassroots fund-raising
and he has a couple billionaires –

HAYES: You don`t need it.

CONFESSORE: He may not need the middle group.

HAYES: The middle class of donors is getting squeezed like the middle
class everywhere.

CONFESSORE: That changes the game substantially. You only have a few
of these guys and super PAC truly on top of it.

HAYES: Let`s talk about Norman Braman. He said this about his
support for Marco Rubio. My support will be very, very substantive. He`s
a former owner of the Philadelphia Eagles, owns Braman Motor Cars, 23
franchises. Also someone who`s got a lot of money, and, in a world in
which Jeb Bush has lined up and tied up a lot of dollars, a key asset from
Marco Rubio.

CONFESSORE: Exactly, and also an ambassador in the Florida community
which is rich with donors for Marco Rubio. So, again, what we`re going to
see with guys like Braman is not just one candidate or two candidates with
big super PACs, but probably five or six or seven candidates who will each
have super PACs backing them, that have 10, 20 million dollars thanks to
guys like Braman.

HAYES: That will allow people get survived early losses.

CONFESSORE: That`s right.

HAYES: That will allow people to go deep in this primary. If there`s
a guy that`s going to write you $20 million in checks or fund you, you can
survive some early round losses.

CONFESSORE: That`s right. It`s not as good as candidate money that
you can control. But it`s a lot better than no money you don`t have.

HAYES: I want to talk about Jose “Pepe” Fanjul, who also appears to
be backing Marco Rubio. He`s been a key Rubio fund-raiser. A Cuban sugar
mill magnate, featured in 2006 doc, “The One Percent”. Marco Rubio hugged
him right after he was making a speech about bartenders and maid.

He`s a key player, particularly in the Cuban community there.

CONFESSORE: That`s right. And look, here`s a guy that has a
substantial and specific vested interest in policy, which is sugar and
subsidies and agriculture policy.

HAYES: Right.

CONFESSORE: And he`s going to put all this money to candidate.

You have as the single issue donors, or at least donors with a
pronounced particular interest and these candidates need them badly to get
to the first couple rounds.

HAYES: We should note, there`s lots of billionaires lined up behind
Hillary Clinton. They`re much less out front. We know Tom Steyer is a big
Democratic donor. There`s a bunch of big Democratic billionaire donors,
they`re less out front at this point because they don`t have to be because
they don`t have to set up the rival super PACs.

CONFESSORE: That`s right. There`s no primary, there`s no
competition, and the Democratic PAC has not started raising any money yet,
we haven`t seen how big it will get. If there`s any Democratic candidate
that can get donors to pony up at this scale, Republicans have already.
It`s Hillary Clinton.

HAYES: We`re going to dig into those folks too as they start coming

Nick Confessore, thank you very much.


HAYES: All right. Last night, we showed you the shocking dash cam
video of an officer ramming a suspect with his car in Arizona. Tonight,
we`ll talk to the chief of police there, who says his officer did the right
thing. That`s next.


HAYES: I`ll be joined in a moment and joined by the police chief of
Marana, Arizona. It was one of his officers who`s seen in newly released
dash cam appearing to deliberately run down an armed suspect with his car.

I want to first show you that video in full context. Warning, the
video is disturbing, the language is graphic, the suspect survived the



OFFICER: You don`t want to do this. You don`t want to do this.

OFFICER: I`ve got a male, Hispanic male. He`s a gun to his neck.
And he`s now walking southbound toward the next block from Burlingame. I`m
staying back in a distance.

OFFICER: Put the gun down, just put the gun down.

OFFICER: Unit from (INAUDIBLE) road, keep everybody away.

One round just went out into the sky. It`s definitely unlocked now,
it`s definitely loaded. Units be prepared.

OFFICER: 10-4, is the suspect shooting or did you shoot?

OFFICER: Negative, did not shoot. Unit right there, just stand off,
stand off. Stay off. Stay off.

OFFICER: Oh! Jesus Christ, man down.


HAYES: Again, the suspect, 36-year-old Mario Valencia, survived that
crash, spent two days in the hospital before being booked into the jail.
He now faces multiple felony charges.

The officer driving the police cruiser, that rammed the suspect,
that`s not the voice you heard, Michael Repeko (ph), was cleared of
criminal wrongdoing by the county prosecutors office, placed on
administrative leave for three days following the crash, but has since
returned to work and is currently under administrative review, according to

And joining me now is Marana, Arizona, Police Chief Terry Rozema.

Mr. Rozema, can you explain whether the kind of thing we saw in the
video, ramming a suspect is something that police are trained to do, told
to do as an option in situations with the suspect who`s armed and

ROZEMA: I think that`s a great question, one I`ve been asked quite a
bit over the last day or so. And the fact of the matter is, it`s not a
technique that`s trained. What officers are trained to do is to end a
threat that poses deadly – a deadly threat, and in this particular
situation, officers are also trained to use whatever means are at their
disposal to be able to do that, and sometimes a vehicle can be used.

It`s not unprecedented. I would say it`s unusual, but it`s certainly
not unprecedented.

HAYES: Again, you can see from that tape, this is a really difficult
dynamic, dangerous situation. The suspect is, you know, threatening to
kill himself, he fires in the air. So, this is a difficult situation for
any police officer trying to deal with it. It`s striking to me, though,
that the officer who`s in the car, who we hear throughout that interaction
seems to be asking sort of asking for patience. And then you can kind of
hear some exasperation from him when his fellow officer – Officer Pico
does ram the suspect. He says Jesus Christ, man down.

What`s your reaction to that?

ROZEMA: Yeah, you know, I think that`s a great point. And again
another one that`s been brought up throughout this. And one of the things
that people have to understand is that the officer that`s making those
comments is not referring to the officer behind him when he`s telling the
officer to stand off, stand back. He`s talking to the officer`s at the
other end of the street. And is he shocked when the officer comes around
him? Yeah, because he didn`t know he was there.

So, just like anybody who`s watching the video for the first time, it
takes your breath away. And there`s no doubt that it took the officer`s
breath away.

I look at the video, I look at how we deployed – I look at our
tactics and there`s a number of issues not even so much with the use of
force, but how close we got to this guy who has a high-powered rifle. So
we placed ourselves in some pretty bad places tactically that we`ll
address, we`ll talk about so that we can get better.

But yeah, the officer certainly was shocked and you can understand his
shock when this thing happens.

HAYES: Finally, just quickly, are you satisfied that this was – you
can say it`s appropriate use of force, but was this the right thing to do
in this situation?

ROZEMA: I absolutely believe it was the right thing to do. You have
a guy who was acting erratic. He`s not obeying commands. He has a high-
powered rifle. People say he wasn`t posing a threat, but he absolutely
with that gun in his hand, he`s posing a threat to anybody that he`s come

And to the traffic that`s in the area. He`s a quarter mile away from
the I-10. Vehicles are going past there. All he has to do is raise the
weapon and start firing. And we`re at a huge disadvantage. He`s
just steps away from – 15 seconds away from entering one of the businesses
and if we don`t do something and somebody gets hurt, then clearly we`re
answering a different question about why didn`t you save my loved one?

So I`d much rather be answering the question of – did you use force a
bit little too early as opposed to waiting too late and having innocent
lives in danger?

HAYES: That question right there I think is something that hangs over
a lot of these interactions, something we need to keep investigating.
Police Chief Terry Rozema, thank you very much for joining me. Appreciate

ROZEMA: Thank you so much, Chris.

HAYES: We told you earlier this week about another police dash cam
video the Chicago Police Department does not want you to see, from an
incident where a teenager was shot 16 times by an officer and killed.

Now, All In has learned exactly what that video shows as the city
approves a $5 million settlement for the teen`s family, all the details



UNIDENTIFIED MALE: The fight for a $15 minimum is not just a fight
about higher wages, it`s a fight about morality. It`s a fight about
decency. It`s a fight about dignity. It`s a fight about whether everyone
in this country is going to be, if they work full time are going to have a
decent job.


HAYES: Former Labor Secretary Robert Reich joins demonstrators today
at a McDonald`s in Oakland calling for a $15 minimum wage. Organizers,
like Yes IU (ph) said protesters planned for more than 200 cities and
colleges across the country. You saw someone on Twitter talking about
5,000 people in Chicago. Part of the Fight for 15 movement.

It was the largest action yet in the effort to raise the minimum wage
and unionize workers in the fast food and service industries.

Protesting and striking minimum wage workers have really shaped the
political conversation
around income inequality, a conversation that is now somewhat remarkably
happening in the presidential campaign on both the Republican and
Democratic sides.

The movement seems to also work its way into the thinking of the 1
percent themselves. Last June, Goldman Sachs CEO Lloyd Blankfein told CBs
This Morning, that income inequality is, quote, “responsible for the
divisions in the country.”

More recently, their CEO Dan Price, who runs a credit card processing
company in Seattle Called Gravity Payments. Price, who after reading a
study on happiness, decided to over the next three years raise the salary
of even his lowest paid employee to a minimum of $70,000 a year.


DAN PRICE, CEO, GRAVITY PAYMENTS: Everyone in here, you might be
making $35,000 a year right now, but everyone in here will definitely be
making $70,000 a year. And I`m super excited about that, so …



HAYES: The New York Times points out Price would pay for the wage
increase by cutting his own salary from nearly $1 million to $70,000 and
using 75 to 80 percent of the company`s anticipated $2.2 million in profit
this year.

Now, I spoke with Dan Price earlier, and I began by asking him whether
this was all kind of a publicity stunt?


PRICE: You know, the opinion that I care about most is our clients,
right. And those were the ones that have been with us for the last 12
years that we`ve been in business. It was just one client at a time for
us, our success. And – but, really our whole business is based on values,
and treating other people the way you want to be treated, doing business to
serve rather than just to make money.

And so, you know, it`s just one more step on that evolution of us kind
of growing up and being a big kid company.

HAYES: but this is not – there`s not some – this is not some con
job? I`m not going to hear six months from now, oh, yeah, those raises
never happened and like, he paid himself in bonuses and didn`t
actually – you know what I mean?

PRICE: Yeah, yeah, yeah. No, it would be tempting, right? I mean, I
didn`t – there wasn`t really anything forcing me to do this, and I think
that`s one of the things that people kind of have to get their head around.
But in my opinion when you lead, you might have short term risk, but you
have medium and long term success that goes with it. And so for us, you
know, pushing on something like this, and kind of leaning into something
like this will pay dividends over the long run.

HAYES: I read about you looking at the happiness research as part of
what triggered your coming into this decision. And it`s fascinating,
right, because what the happiness research says is that you can
redistribute money and create a net gain of happiness, right? From the
person you`re redistributing from who actually gets happier, to the people
you`re redistributing too, right?

PRICE: Well, you know, I`m not so sure about that. There`s probably
a correlation there. And I think you can assume a cause and effect. I
think what`s clear is that once people make $70,000, $75,0000, $80,000 a
year or more, they stop having to make sacrifices that have an emotional
cost on
them, and that emotional cost distracts them from what we`re passionate
about, which is helping small business owners succeed, saving them money
and reducing their headaches when they have to accept credit cards.

And if I`m thinking about how to make ends meet, how to make rent, how
to just fill up my tank of gas, I`m going to be distracted from my passion.

HAYES: Now, that`s broadly applicable too, right. There`s been some
interesting research at the lowest end of the payscale around a minimum
wage in what`s called an efficiency wage, right. So, there`s prediction
from the macroeconomic model that you`re going to have this problem, this
dead weight loss when you raise the minimum wage. And when that didn`t
materialize, people actually looked and said, actually, you know what, you
get less turnover because people stick around longer. Do you think there`s
broader sort of social policy lessons here?

PRICE: You know, I think when you reduce inequality in every way,
whether it be a micro level one company or macro level across the economy,
you`re going to see positive impacts that you would have never predicted.

And I think when you increase inequality, you`re going to see negative
impacts you would have never predicted.

HAYES: There are these folks out there today striking and
demonstrating for $15 minimum wage. We have a rising inequality in both
directions, right? We have got the top going up, we`ve seen
wage stagnation not just at the bottom, but all through. What do you want
to see happen outside the pretty remarkable decision you`ve made in your

PRICE: So, my pipe dream is that we actually have a private
capitalist solution for this, that we and others prove that actually we`re
going to win, and we`re going to make more money and do better business
because of these steps. And we actually preempt the need for a minimum

I`m not saying that a minimum wage will never be necessary, but how

HAYES: A higher one. I mean, obviously we have one now.

PRICE: Yeah, yeah, a much higher one. But that haven been said, it
might be necessary if we as business owners don`t step up. In my own city
of Seattle, we have the highest minimum wage in the U.S., $15 an hour. And
I think it`s because people didn`t step up, it was hard. We`re trying to
solve it.

The thing that I worry about with the $15 minimum wage, does it impact
the person making $50,000? Do they go to $60,000 with a $15 an hour
minimum wage? I think we don`t know the answer to that.

And something like this I think is more flexible and it fixes the
solution. It almost preempts the politics and everyone loves it.

HAYES: Right. Well, that`s the question, though, right, is like how
many – we can talk in six months and see if anyone else has taken the bait
where you are. It`s really nice to have you here.

PRICE: Nice – thanks for having me.


HAYES: The ripoff scandal at one of the nation`s largest for profit
college companies ahead.


HAYES: Earlier in the show, we brought you episode three of our new
series, Hillary Clinton for Millennials. If you didn`t see it, or if you
haven`t seen episodes one or two, you`re really missing out. So, we put
them up on our Facebook page. That`s so you
can do binge watching, which they couldn`t do back in the 1990s. It`s
seriously worth it. Back in a moment.


HAYES: Two big payouts in the city of Chicago, the first a
reparations package for the victims of one of Chicago`s most notorious
police commanders John Burge. Over the course of two decades,
from the early 1970s to the early 1990s, officers under Burge`s command
tortured more than 100 people, most of them African-American, into

Today, an ordinance was formerly handed to the city council of
Chicago, to create a $5.5 million fund for the victims. Also today, the
city council unanimously approved a $5 million settlement for the family of
17-year-old Laquan McDonald. McDonald was shot and killed by police in

At the seen of the shooting, a police union representative told the
media that McDonald was armed with a knife and that, quoting from the
Chicago Tribune, officers got out of their car and began approaching
McDonald again telling him to drop the knife. Pat Camden, a spokesman for
the fraternal order of police said. The boy allegedly lunged at police and
one of the officers opened fire. McDonald was shot in the chest.

Now, an autopsy done by the city medical examiner appeared to
contradict that version events, showing instead that Laquan McDonald had
been shot 16 times in his chest, neck, head, back right leg and both arms.

According to the Chicago Tribune, the city`s top lawyer, Steven
Patton, said the officer who fired all 16 shots has claimed he was in fear
for his life.

Now, as we reported on Monday, there is dash camera footage that shows
the shooting. We here at All In filed a request under Illinois freedom of
information law, for that video. That request was denied. And it has not
been released to the public.

But the lawyers for Laquan McDonald`s family have seen it. And one of
them described what he saw in that footage to All In.


JEFFREY HOLLAND, ATTORNEY: The video shows Laquan walking southbound
down the middle of
Pulaksi, which is a four lane street in Chicago, two lanes going
northbound, two lanes going southbound.

There are squad cars visible in front of him and also squadcars behind
him. The dash cam video is from one of the responding units which was
trailing Laquan approximately 20 to 25 feet behind him. The shooter`s
squad car is visible as it drives past Laquan and parks in the middle of
Pulaski behind another squad car.

Two officers then exit that vehicle with their guns draw.

At that point, Laquan begins to walk away from the officers on a
southwest angle towards the sidewalk.

What Laquan is about 12 to 15 feet away from the officers, the width
of an entire lane of the southbound traffic, one officer begins shooting.
Laquan immediately spins to the ground and the video then shows that the
officer continues to shoot Laquan multiple times as he lays in the street.

16 seconds pass from the time Laquan hits the ground until the last
visible puff of smoke rises from his torso area. An officer then
approaches Laquan, stands over him and appears to shout something as he
kicks the knife out of his hand.


HAYES: Now Laquan McDonald`s family has not seen the video and
according to their lawyers they don`t want to see it. They released a
statement today saying in part “we look forward to the day when the officer
responsible for Laquan`s senseless murder is held accountable in a court of
law. Only then will justice truly be served.”

Now that officer, according to a police spokesperson, told the Chicago
Tribune, has been stripped of his police powers and is currently on paid
desk duty pending the outcome of the probe in the shooting.

Laquan McDonald`s family and their lawyers have agreed not to release
the dash camera footage to the public while there`s still an ongoing joint
state and federal criminal investigation of the shooting. The city of
Chicago`s top lawyer Steven Patton told All In that the last thing that any
of us
want is to do something that might interfere with or compromise the pending
investigation by prosecutors, but we are confident this video will be
released at the appropriate time when their investigation is complete.

We of course will keep following the story as it continues to develop.



ANNOUNCER: We build confidence. We teach skills. And we unlock
potential for better careers and better lives. This is the promise we keep
to our students, our graduates, our employees and our families. So
together, we can build stronger communities.

We are 15,000 strong supporting more than 80,000 students across North
America. We are Everest, Heald and WyoTech. We are Corinthian Colleges.


HAYES: For years, Corinthian Colleges IInc. has been accused of
luring students in with false promises and profiting off predatory student
loans. And now the federal government has dealt the for profit college
operator a major blow. The U.S. Department of Education is fining
Corinthian almost $30 million, cutting some of its access to federal
student aid and barring its Heald college chain from enrolling any new
students, alleging that Heald inflated job placement rates as part of its
pitch to prospective students.

The department found almost 1,000 examples of misrepresenting
placement rates at Heald College campuses. In one case, a campus allegedly
classified a 2011 graduate of an accounting program as employed in the
field, based on a food service job she started at Taco Bell in June 2006.

In a statement, a spokesman for Corinthian called the government`s
conclusions, quote, highly questionable and unsubstantiated.

But this is just the latest in a series of troubles for Corinthian
Colleges, which brought in more than $1.6 billion of revenue back in 2013.
As much as 85 percent of their revenue from federal student

Last June, the Department of Education restricted Corinthian`s access
to federal aid, forcing the
company into an agreement to sell 85 of its campuses and eventually close
12 others. The consumer Financial Protection Bureau later sued over
Corinthians lending practices. And just two months ago, they reached a
settlement to forgive $480 million in private student loan debt.

Many Corinthian students still hold outstanding federal debt, however.
And now a group known as the Corinthian 100 has gone on strike, refusing to
pay back loans they say the federal government should forgive.

When I asked Education Secretary Arne Duncan last week whether he`d
agree to forgive the Corinthian students` debt this was his response.


ARNE DUNCAN, SECRETARY OF EDUCATION: We continue to be very concerned
with these issues. We have met with some of these young people as recently
as the past two weeks. And we`re going to continue to look at the very
closely to see what the right thing is to do not just in this situation,
but more broadly.

HAYES: I mean, that`s a nonanswer, but your answer is you are looking
into whether you should…

DUNCAN: We are looking at of this very, very closely, and again
talking to young people who have been negatively impacted. And for me it`s
not just about those individuals, it`s about where you have bad actors for
far too long they were allowed to just do what they wanted. We`ve tried to
be very, very clear that we will not tolerate. And whatever political
pushback we get, we`re fine with that.


HAYES: Joining me now Alexis Goldstein, former vice president of
Merrill Lynch, now an activist with the Debt Collective, that`s the group
that`s helping to organize the Corinthian 100.

Alexis, great to see you. So, I guess respond to Arne Duncan who
seemed to leave the door open and then in a statement today from the
Education Department in this fine they kind of gestured towards maybe there
was going to be something for all these Corinthian students who are holding

ALEXIS GOLDSTEIN, DEBT COLLECTIVE: I mean, I think it`s really a Band
Aid on a gaping, hemorrhaging wound at this point. The alarms have been
sounding for a decade about Corinthians malfeasance, their predatory
behavior, their fraud. And the Department of Education has
finally acknowledging that it existed. But let`s not forget that last year
they facilitated a sale to a
debt collector.

And Secretary Duncan mentioned on your show he invoked the name of the
students. He called them young people. It`s important to remember many of
these are adults. They are mothers, they are grandfathers, they are
grandmothers, they are veterans, they are not just young people. And they
are folks who are trying to get a better life and were scammed by a college
that was enabled by the Department of Education for years.

And we are – we have seen – they`re facing 200 lawsuits. And now
the Department of Education is finally admitting that something was wrong
here? But we really need them to take the next step and to actually
forgive the debt of these students who have essentially been thrown off a

HAYES: So let`s just be clear here, first of all we should all say
nine attorneys, state attorneys general say the federal government should
forgive the debt. But just to be clear, the entire business model of
Corinthian couldn`t have existed without the federal government. I mean,
85 percent of the revenue that`s coming in is coming from federal student
aid. I mean they are – the student is basically, just the kind of vehicle
by which they can access the federal student aid dollars.

GOLDSTEIN: And they can get up to 90 percent of their money from
federal student loans. And they can get even more than that if they target
veterans, which we know them to have done. For example, in the California
attorney general`s lawsuit they were found to have unlawfully used military
logos in some of their advertising in order to bring in more veterans
because then they could get GI
Bill money.

HAYES: Well, here`s I guess here`s the question, right – I mean, I
don`t have a representative from Corinthian here, so let me just sort of
speak up on their behalf, right. I mean, there`s a certain buyer beware
aspect here. And there`s also a degree to which the tangible benefits of
an education are unquantifiable. If you take out a loan and you go and
educate yourself somewhere, they cannot control that institution, whether
you get a job or not, right?

GOLDSTEIN: But this is an institution that has broken the law. They
face 200 lawsuits, you know. And these are students that have more debt
than Ivy League educated students have. And in fact, Corinthian College
spent more money lobbying than Harvard spent lobbying. And they don`t give
these students, who are pursuing vocational degrees, which is something
that President Obama has gone out and said that people should pursue
vocational, technical training, they don`t get the skills that they need to
become paralegals, to become medical assistants. They`re trained in 15-
year-old technology and can`t even get jobs at Best Buy when they get
computer systems degrees from Corinthian.

So, there has just been vast fraud for far too long under the
Department of Education`s watch. And if they want to right the wrongs, the
only thing that they should be doing right now is forgiving this debt and
heading the calls of those nine state attorney`s generals and lawmakers as
well. 13 senators have called for the same thing.

HAYES: Does the Department of Education have the power to wave away
that debt?

GOLDSTEIN; They absolutely do under the Higher Education Act.

HAYES: All right, Alexis Goldstein, always a pleasure to see you.
Thank you very much.

All right, that is All In for this evening. The Rachel Maddow show
starts right now.



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