tv [untitled] October 19, 2024 1:30am-2:00am EDT
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government to a halt and put all of the power with judges. we can't run our country that way. it will hurt us all. moderator: you cheered chevron's reversal and said the reaction was immature. can you elaborate? mr. deaton: noticed the agencies senator warren didn't bring up was the securities and exchange commission. i literally looked her in the face and respectfully said she is corrupt. and this proves it. she had gary gensler, she is supposed to hold him accountable. because she had a specific agenda in mind she said and this is proven by foia request, here are my questions i'm going to ask you to an upcoming hearing under oath and here's what i want you to say and then she asked those exact questions and he gave those exact answers and
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they are not truthful. then she goes on cnbc and says don't take my word for it, take the word of the regulator, the expert who taught at m.i.t.. they were her words. she told him what to say and chevron ended the regulatory capture from senators like senator warren who don't care about the truth but only care about a specific agenda. i said as a special attorney, i prosecuted people under the perjury statutes. when you encourage someone not to tell the truth in an official proceeding. she is absolutely guilty of that. it may seem harsh for me to say it, but it's the truth. maybe now she will explain to america why that's not corrupt. sen. warren: mr. deaton is just spinning this whole fantasy story. my responsibility is oversight
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and i want to make sure that we cover the issues we need to cover. nobody said anything that was untruthful. mr. deaton has no evidence of that. but understand this. there is a reason that mr. deaton is very focused on the sec. and the reason for that is that is the only agency that seems to have a little wage on regulating crib though. and has held these crypto multibillionaire is accountable when they go out and make wild claims about investment and how it's a great investment to buy crypto. gary gensler has been pushing back on that. we need regulations covering crypto. but when we've got the guy who follows the 80-90-100 rule, it means that we are not going to have somebody who is going to support the sec and trying to do
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their job. moderator: mr. deaton, one more minute. mr. deaton: i sued the united states government because they hurt small time investors had it went viral. 75 thousand individual token holders. not billionaires, people that have five grand invested. they joined me. 627 of them live in massachusetts and we sued the sec. i said the token was legal, the sec said it wasn't. and judge annalisa torres who was appointed by barack obama agreed with me, so i did my work and the affidavits i submitted to the court and ruled in my favor and said deaton is right and it gave relief to these individual token holders. vice president harris just donated over a million x rp tokens to a crypto billionaire
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that supports me. so what do the crypto people expect from vice president harris that they don't expect from me? sen. warren: may i answer that? moderator: very quickly. 15 seconds. sen. warren: i think it's a problem when any candidate receives 90% of the funding from their campaign from one industry. whether it's the crypto industry, the oil industry, the pharmaceutical industry. as far as i know, mr. deaton is now the all-time champion for having gotten the most funding from 1 -- moderator: we really have to move on. mr. deaton: absolutely lying. i have $2 million. hundred five dollars is the average donation. she's talking about crypto billionaires or somebody who did a fund that's about her.
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moderator: we have to move on from this. >> i have another question for both of you. this question comes from our sister station. massachusetts recently committed england's largest ever purchase of offshore wind power. at the same time fishing groups and local communities have raised concerns about impacts to our oceans and coastlines. you'll both get an opportunity. where do you stand on the push to create an offshore wind economy which has received significant federal funding and would you support the pause on offshore wind development demanded by opponents? mr. deaton: this is a problem with people rushed without actually thinking about how to do something. senator warren thinks the government is the answer to
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every solution when i believe the government is usually the problem. they have created so many regulations that commercial fishermen here in massachusetts have basically been bankrupt. the chevron decision dealt with the fishermen because people like senator warren said we are going to send someone on your boat and they are going to count how many fish you catch it and you are going to have to pay for it out of your own earnings even though you are trying to support your family. that's insanity. we have to have renewable energy focused on the right areas. i brought up western mass. i believe western mass is the prime place where we can establish renewable energy and revitalize this economy in the state. and it includes a limited amount
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of nuclear. i do support a pause at this point in time because it's just like when the government said here's $7.5 billion to build ev charging stations. after three years they didn't have one online and they've only got seven right now. in the meantime tesla and one quarter built 359 of them so of course the private sector is better. moderator: you have 90 seconds. sen. warren: we need to listen to our fishermen. we also need to listen to our native nations who are affected by offshore wind and offshore wind development. i think it's important that people be compensated and fully consulted but i do not support leaning back on offshore wind. we are in a climate crisis. and offshore wind is one of the ways we are going to work our way out of that. go down to new bedford, go out to the cape and see the
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development coming from this. this is a big difference between democrats and republicans. we don't have somebody here who says he's a climate deny, he just doesn't want any of the things it's going to take to move us to a clean energy economy. i am very proud of the fact that i helped pass the biggest climate package in the history of the world and it was paid for by my 15% minimum tax on billionaire corporations that were paying little or nothing. corporations like amazon and that has resulted already. 25 new electric school buses already that we have here. the resilience that we are building right now. this is part of how we build a clean future and understand this. i'm proud of what we've done but it isn't nearly enough. we need to double down on our investments in climate again and
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again. moderator: you have one minute to rebut. mr. deaton: center warfare does nothing but engage in class warfare. notice that she keeps talking about billionaires. she supported 87,000 irs agents. what was her answer, it's for the billionaires. there are 730 five billionaires living in america. they have a cumulative wealth of $4.5 trillion. instead of taxing them more, let's take all their money. 4.5 trillion, we could pay our interest alone for four years on the national debt. not a dollar goes to education, climate change, immigration reform, just to interest. so her slogan of tax the rich on every thing is that's just a slogan. by the way the 87,000 irs
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agents, if it was for the billionaires they would only need 735 of them and we could assign them to each billionaire all year long. sen. warren: understand this. the irs agents he's talking about are the people hired to do enforcement against tax cheats who make more than $400,000 a year and it is an incredibly successful program. for every dollar invested we are getting somewhere between six and $10 back in revenues from people who don't follow the current law because they know under the republican regime that the irs doesn't have the manpower to come after them. john deaton stands there and tells you who he is. he wants to defend the billionaires and that makes sense. it's the billionaires who are funding his campaign. 90% of the money that is moving this campaign forward comes from
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the crypto industry and the crypto billionaires are going to expect a big return on their investment if john deaton can take this senate seat. moderator: thank you senator. question for both of you involving political ambition. if kamala harris is successful in her presidential run, would you consider serving in her administration and if not would you consider running for president again yourself in 2028? sen. warren: no and no. i am a lack thing -- asking the people of massachusetts to elect me for his six-year term. i have work that i'm doing for the people of massachusetts and this is my opportunity to get more of it done. i got my endorsement from the berkshire eagles. thank you very much. i sit on the senate armed services committee and we lost our own jay gallagher and i had
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working to hold the department of defense accountable for these ospreys so other people don't lose their lives. i've gotten half $1 billion into our local military installations. mostly in western and central massachusetts. i brought home more than $20 billion and it has touched every single community. here in western massachusetts. we've gotten broadband. we've gotten support for homeless vets -- right here in springfield. i stood in deerfield in the mud and the muck watching the latest floating and hope everyone is sitting down, because i actually work now with ted cruz to get
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the rules change. let me at least explain. so that fema can actually offer disaster relief. moderator: john deaton, you have never looked did -- held elected office before. why are you starting with the u.s. senate? mr. deaton: because we are in crisis. we have illegal immigration bankrupting the state, opioid epidemic killing americans, the debt going over a cliff, no one's talking about it. the single greatest crisis we face is a crisis of leadership. people like senator warren so devices few of the division amongst us. senator warren was asked a question about why is tromso popular. she threw her hands up in disgust and said i just don't get it. i think it's your job to get it
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because 74 million americans aren't racist and xenophobes. i realize because i don't support president trump that may be on right messenger for these elites to understand. every member of congress and take a look in the mirror because you are part of the problem. maybe people are tired of foreign wars. maybe they are tired of their parks becoming crime scenes or they feel betrayed that they have watched billions of dollars be spent on migrants who just got here but we can't save corny. we don't have any for wildfires and hurricane victims. maybe they are in disbelief that in today's america it seems far better to be an illegal migrant that a homeowner in north carolina. moderator: 30 seconds. sen. warren: and you just heard john deaton say he doesn't support from and yet less than a
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year ago he said he would vote for donald over joe biden. he has said he likes donald trump's foreign policy better than joe biden. can i have my time. reclaiming my time here. he has said he likes donald trump's foreign policy better than joe biden's. he has said he likes donald trump's economic policy better than joe biden's. and he now wants to come in front of the people of massachusetts and just tell a different story. mr. deaton: senator warren just looked you will in the face and lied through her teeth just like she lied about her heritage and getting into harvard. i have been the biggest critic of donald trump than anyone. go on my account and search trump. it was published in the boston herald of all the things i've
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said like you might be the worst human being alive and all of these things. senator warren looks you in the face and just makes boldfaced lies. moderator: we are near the end of the debate and we are going to shift up the format a little bit. increase the pace. do a lightning round. i would love quick answers from each of you. other than springfield, what is your favorite spot in massachusetts? sen. warren: jacob's pillow. mr. deaton: pittsfield because i think of my clients that i represented that worked at the ge plant in pittsfield that had mesothelioma. moderator: name a political role model who is currently in office. mr. deaton: currently in office? i like amy klobuchar for example because she's a moderate.
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moderator: senator warren? sen. warren: i give a lot of credit to president zelenskyy who has been on the front lines for three years. mr. deaton: gave him a lot of money, too. moderator: no crosstalk. sen. warren: somebody on the front lines fighting for democracy. moderator: legalizing the use of psychedelics, do you support? sen. warren: yes, but i want to save -- say we've got to get the right regulations and place. mr. deaton: that last question i would go with now you bucha early from el salvador instead of zelinski. we have to deal with our opiate problem and they are pushing it too far too fast. so i am a no except for medical purposes by a doctor. moderator: both of you are
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transplants from elsewhere. what is one thing you didn't appreciate about massachusetts until you lived here? mr. deaton: the seafood. sen. warren: how beautiful the trees are in the fall. i grew up in a part of the world that doesn't have a lot of trees in massachusetts especially at the berkshires is really magical. moderator: final question. what kind of candy are you going to be giving out for halloween. sen. warren: mounds and almond joy if we can find it. mr. deaton: reese's cups unless i eat them all. moderator: i was wrong. we have 30 seconds left. if you don't win this race, what's your consolation meal going to be? mr. deaton: probably chicken nuggets with my daughter layla. this campaign has taken me away from her.
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sen. warren: it's probably going to be something at frank's with french fries on the side. it's a great place in cambridge. moderator: you can tell my mind is on food. it's getting late. that is going to close our debate. we want to thank the candidates for participating in this. and thanks as well to our audience. election day is november 5. make sure you vote. good night. >> with one of the tightest
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>> on saturday, tim walz really supporters in omaha, nebraska. omaha makes up most of nebraska's second congressional district. watch live starting at 6:15 p.m. eastern or online at c-span.org. and now the south korean ambassador to the u.s. talks about the navy shipbuilding programs. these remarks are part of a hudson institute event on strengthening the defense industrial base.
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unfortunately, with the wars in the middle east and europe, we've been reminded that we must be prepared to protect our interests with military force, should deterrents fail and we've seen what happens when deterrents fail, tragedy, death, destruction. and both of these conflicts have shown us in real-time the importance of scale and adaptability and cooperation in defense production. allies are emptying their musicians stock piles, demand for ships and aircraft and outstrip supplies. demand for, as i said munitions. at the same time the proliferation of technology have allowed longstanding weapons systems, if not obsolete, at least degraded in their capabilities. allies will need to combine their industrial efforts to keep pace with dynamic and
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intensifying security challenges and that's the subject of today's morning, looking at how we might improve, strengthen and add to allied defense cooperation. we have an excellent lineup. we're going to start the morning with the ambassador from the republic of korea and then we'll shift it two panels of experts and we'll end the morning with a fireside chat virtual with representative rob wittman. i'll turn to the first speaker, the pleasure of introducing one of our most stallworth allies, ambassador cho. he has a long and illustrious career, served in india, austria and united nations. he represents a country that long understood the importance of establishment and a strong defense industrial base. he's been personally a part of the key u.s.-korea bilateral relationship and has been at the forefront of working with
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our countries together to relook at supply chains and to navigate increasing competition across the technology sectors. most recently, he has played a central part in building on the camp david meeting of last year, with tri-lateral cooperation among the united states, japan and korea and an expert on north korea and has worked for many years with the united states to enhance our capabilities to address pyongyang's increasing provocations. ambassador cho most recent a working with the president on his pivotal state initiative and maybe we'll hear about that and it's a great privilege to welcome him this morning. thank you so much, ambassador. [applause] >> well, good morning, everyone. thank you nadia, for your kind
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interaction. i first thank you to hudson institute for hosting tonight's forum. i'm so delighted to join you and pleased that leading korean companies are represented here today as well, along with many of friends. to me, this week is truly a week of defense industry. on tuesday i had the pleasure of visiting a u.s. annual 2024 meeting and annual expedition to see the exciting ways more technology is deployed to advanced military employment. the korean parallel in particular a display of fascinating product produced by korean defense industry. as our global economic partnership continues to flourish, the companies here today have played an instrumental role in develop key industries and advancing continuing technologies here in
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the united states. we are at the moment in global security. each morning, we wake up to news of strikes and bombardment in middle east. russian or ukrainian advancement on the battlefield. north korean soldiers on the russian front in ukraine or china air and sea maneuvers nearby. russia's invasion of ukraine reminded us how vulnerable we are to neighbors and conventional weapons. despite our many technological advances, they remain relevant in modern warfare, alongside weapons, suicide and dragon drones. at the same time the competition between the united states and china is intensifying and some specific
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countries, as well as terrorist organizations continue to threaten global peace and security. together these factors clearly demonstrate the need for stronger defense industry cooperation among allies and partners. russia's reliance on north korean supplies, and the pacific and euro atlantic regions. moreover, demonstrate a display of hostility earlier this week by blowing up the road that used to connect north and south. while mostly symbolic, this demonstrates how pyongyang willfully established itself a menace in two theaters either side of the globe and it's vital to industries from korea, europe, and the united states come together to strengthen our collaboration and enhance our defense capabilities.
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only that will ensure an effective and coordinated response to many challenges to global peace and security we face. that is why today's event is so important. although there are many ways our nations can cooperate, i want to focus first on the ship building which has always been a significant element of global strategic competition. the u.s. congress recently released a report highlighting the disparity and building capacity between the united states and china. to be blunt, it found that china is far ahead. right now china has 230 times the ship building capacity of the united states, while also possessing the world's largest maritime fighting force operating 234 warships to the u.s. navy's 219.
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the great 19th century naval historian famously side, whoever rules the water rules the world. and the power dynamics. and there's strong bipartisan support in the u.s. to address this challenge. the bad news is that by working together the capacity exists for korea and the united states to build a stronger industrial foundation and one that will jointly support our friends aallies national security and economic prosperity. korea is the world's second largest ship building country with a 30% market share and reputation for efficiency and excellence. visiting korea's ship yard earlier this
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