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tv   After the Bell  FOX Business  August 30, 2016 4:00pm-5:01pm EDT

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ashley: very good. you made your case well. we're out of time. hire we go. clapping on wall street. [closing bell rings] markets slightly lower for the fourth time in five sessions on the dow. david asman, melissa francis picking it up here on "after the bell." melissa: i'm melissa francis. david: i'm david asman. this is "after the bell." we have you covered on the big market movers but first here is what else we have for you this hour. fox news now confirming the fbi will publicly release its support on hillary clinton's email server. agency releasing those notes that were taken during their three-hour conversation with her. we have all details on both developing stories and what it could mean for the clinton campaign in november. voting is now underway for house and senate primaries in key states of arizona and florida. look at those folks on the line. three big-name political insiders fighting to hold on to their seats.
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melissa: back to the markets. the dow ending the day down more than 50 points. it had been down nearly double that. today's big drag, nike, proctor & gamble, apple as well. trader scott shellady at the cme, watching oil and gold fall. lori rothman is on the floor of the new york stock exchange. lori you have your eyes on two consumer stocks with double-digit losses today. reporter: no surprise on hershey. they were doing a flirtation with mondelese, maker of cadbury eggs. mondelez said no deal there. $125 per share. they could really not come to terms on proper valuation. so you see hershey's stock really getting slammed, interesting down below $100 a share with a 10 and 3/4% decline today. d and w, discount shoe retailer after disappointing earnings.
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dsw disappointing numbers, down by a third. that has got to hurt. apple is the surprise story of the day, slapped with a back tax bill of 14 1/2 billion dollars from the european union to be paid to ireland. apple and ireland agreed to a tax deal in 1991 that both parties agreed to. all the years later, the e.u., the tax investigators said this doesn't fly with us. this incentive that apple would have the low, low, tax rate in exchange for putting your head quarters, the european headquarters in ireland, it is not fair. now you have to come up with all of this money. white house says it is totally unfair because ultimately will hurt u.s. taxpayers if apple gets to write off the 14 1/2 billion dollar tax bill. apple of course is appealing. i will send it back to you. david: attack of the euro kratz. scott, oil and gold settling at two-month low. i'm just assuming this has to do with the tough talk from the fed, correct?
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>> yeah, it is a jackson hole hangover. as we start to parse the words and see what fisher had to say, yeah. as we came in this morning some things we were doing okay, but pretty much across the board, goldman sachs index we had everything lower even after some of those things came in higher t was all about the dollar today and all about the jackson hole hangover which drove things lower. we have oil inventories tomorrow, adp tomorrow and non-farm on friday. that added up to everybody cautious on the day. david: higher dollar, lower gold, simple as that. scott, thank you. melissa: sales dropped for the 14th straight quarter around the retailer gave more cautious outlook for the year. let's bring in our panel. gary kaltbaum of kaltbaum capital management. he is a fox news contributor. we also have veronica daguerre from "the wall street journal." what caught my attention, the real drag were the flagship stores in tourist areas.
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those had been good both profit centers and advertising hundreds for them. that was a drag, does it tell you something about abercrombie or the larger economy? >> i think the larger economy because you look at foreign folks who come here and buy at the flagship stores. >> yeah. >> they have a stronger dollar and not willing to spend at flagship stores and uncertainty in various parts of the world as consumers may be feeling more cautious. that is translating for lower sales for abercrombie. we've seen it with other brands like michael kors. melissa: gary there was a big flagship store close to our studio here. they use odd have half-dressed 20-year-olds selling stuff. it was a big spectacle. always people gathered. now, not at all. does that say something about the brand, gimmick wear off or the economy? >> for starters, 40% of sales is international tourism. that there is slack there. that is a problem.
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more to it than this, urban outfitters, american eagle outfitters are kicking their butt. they have to do better with their stock. that is the stock doing what it is doing and sales down i don't know how many quarters it has been. david: yesterday it was citi. today it is bank of america. analysts say market moves, specifically the s&p 500 prove they have already chosen a new president and it is hillary clinton. gary, i'm looking how much money the clintons got from bank of america, $1,125,000 in speaking fees. the clinton foundation got another million dollars. how can they possibly be neutral when they're banking on the clintons? melissa: right. >> this is quite interesting because i will tell you last week we talked about citigroup and analysts came out and said donald trump will cause a financial crisis. so there is something going on here. we're not even september yet. if the dow drops 1000 or 2,000 points in the next month, that
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is going to have a play in it. we'll see what happens from here. i do not believe anything that goes on in the market right now matters to the election just yet. david: veronica, let's be absolutely clear, the big banks love crony capitalism. >> big time. david: they're in their element with crony capitalism. clinton foundation has so much the way they do business, is that why they like the clintons? >> i'm not sure why they like the clintons. one thing is for sure there is a lot of time between now and november and we'll hear a lot of polls and statistics and so much could potentially change. what the average investor needs to do to focus on, forget all the noise and polls. david: that is tough. >> realize there will be some volatility especially leading up to the election. we've had a really quiet sumner general. we have lucked out, going into october, going into november, things will get bumpy because we'll be hearing report from either side. just be prepared. david: i don't think it has been a silent summer. i think it has been a very loud summer. if you think it has been loud
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this summer, wait until october, november. i think you're right. melissa: citi gave them million dollars towards speeches, bill and hillary clinton and wrote the thing about trump being a disaster. current and former employees of chipolte are filing a class-action lawsuit against the fast-food restaurant claiming they did not receive wages they worked extra on weekly basis. the lawsuit has grown to 10,000 employees. gary, chipolte can't win for losing. they have the e.coli thing. now they have the wages. used to be that you couldn't touch them, i don't know, not a lot of people want to. >> i think they came up with the phrase, murphy's law just for what's going on at chipolte right now. the amazing part, they always marketed themselves as great food. we care about the consumer. oh, we totally care about our employees and look at this. this is just bad press. i think it hit the stock for another 8, $9 today.
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nothing good comes from it. i promise you will see in newspapers from days to come. 10,000 employees, we're not talking about a few from a couple of places. we're talking about systemwide and this is going to have big effect if chipolte doesn't attend to it very quickly. melissa: veronica, do you agree with him? >> from a reputational point of view this is really not such good news for chipolte. they haven't recovered from the e.coli and all the food safety issues. their sales have not bounced back. this is something else to keep them in the news and not in a good way. so not good news for investors. melissa: gary, who takes advantage of this? for so long they were really pulling ahead as the healthy alternative, the thing that millenials really wanted. this has to be opportunity for others to capitalize, what do you think? is it yum! brands, taco bell, mcdonald's, someone more high-end? >> very simply everybody else. but in that space you have like the mo's and things like that. melissa: yeah. >> and i can promise you, in different communities, you're
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getting coupons from all these other places just so they try to take you away. by the way, once you lose a consumer at a restaurant because of bad things, very tough to get it back. that is a big problem for chipolte right now. melissa: absolutely. thanks, both of you. david: full disclosure coming from the fbi. the agency says it will now publicly release its report on hillary clinton's email server and the notes that were taken by the fbi during their conversation with her. the latest details on this developing story. melissa: and major storms flanking the southern states gaining strength as they head north. we'll get a live update from the weather center coming up. david: then there is the european union trying to take a bite out of the big apple, apple and in fact ireland and its tax policies. they're slamming the tech giant with a record penalty for tax breaks. how would donald trump respond? we'll ask one of his economic advisors. meanwhile here is what the white house had to say about this.
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>> we would prefer if there are legitimate concerns about the europeans about erosion of their tax base they work effectively with the united states to address those concerns collaboratively as opposed to taking the kind of unilateral approach that could have totally unfair impact on u.s. taxpayers. if a denture were to be put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. everyone thought i was crazy to open a hotel here. everyone said it's so hard to be a musician, but i can't imagine doing anything else. now that the train makes it easier to get here, the neighborhood is really changing. i'm always hopping on the train, running all over portland. i have to go wherever the work is.
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melissa: the e.u. slapping apple with a massive tax bill. the tech giant ordered to pay $14.5 billion for illegal tax breaks in ireland. both apple and ireland say they will appeal the ruling. here now is david malpass, trick economic advisor. so many aspects of this story that are interesting.
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to me it screams "brexit." they have a tax fairness commissioner and something stupid and ridiculous like that. he is going to weigh in and tell ireland a sovereign nation, that the tax rate they decided upon for themselves to charge apple is not fair, and that think must demand payment from apple of $14.5 billion. it is outrageous. >> it is. hi, melissa. what is interesting is think of effect it has on other business investment in europe. it hurts them. so that is one aspect of this story. another though is that the u.s. has a 35% corporate tax rate. melissa: right. >> so the companies are doing wild things in order to avoid it. trump says let's lower the rate 15% and bring home the money from abroad. they have been tax arbitraging to keep the money offshore. that money will come back to the u.s. melissa: you guys feel like, 15%. apple was paying .000005 of a
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percent. that was their tax rate. people say trump will give a big tax break to their friends on wall street, to the companies to 15%. 15% is fortune still compared to what you would pay in ireland. >> right. so apple should be paying more now and would be paying more under legitimate tax system. we just don't have that. so one of the mysteries is, why hasn't president obama or hillary clinton proposed some fix to this tax, our tax code doesn't collect revenue because enough revenue, because the rate is so high. melissa: yeah. >> you know it is also very biased, meaning companies like apple, that can keep their money offshore don't pay and other companies that are based here and have a lot of workers here and are building their businesses here, pay higher rate. it is just not a fair -- melissa: if you go from 35 to 15 you can't compete with .00005 of a percent, so what is the point?
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>> under the trump plan the u.s. companies that are earning, there is not going to be this opportunity for such arbitrage. melissa: they would have to pay anyway. on income they paid elsewhere. >> well, a lot of income that apple is kind of attributing to ireland is actually made in the u.s. and should be paying u.s. tax. you know there is another aspect of the story. that u.s. policy has become weak and so the european union challenges us, russia is challenging us all the time. iran is challenging us. so over the next three or four months, as long as obama's left in office, is lame duck, we should expect lots of challenges like this. china's constantly doing it. melissa: very interesting. david malpass, thank you very much. david? david: lower rates, get rid of special deals. we're looking at another story very closely. a half dozen u.s. department of agriculture offices all over the country were closed earlier today by officials citing safety concerns. these are related to some
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anonymous threats they have been receiving. according to usda facilities in five states have been closed until further notice after officials received messages concerning the safety of personnel and its facilities. melissa? melissa: the stand against the national anthem. 49ers colin kaepernick getting slammed by critics. will the nfl distance themselves from the star quarterback? what his coach had to say coming up. high-stakes races in florida and arizona for the house and senate primaries as both republican and democrat incumbents fight to keep their seats. >> i think it is time for mccain to take a hike. he has been there way too long. he has become a washington establishment insider.
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melissa: voting underway in arizona and florida, the two states holding primaries for the house and senate today and both republican and democratic
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incumbents are fighting to hold on to their seats in congress. our own blake burman standing by in d.c. with late it evident. blake? reporter: melissa it is indeed election day. marco rubio, john mccain, debbie wasserman schultz, three of the well-known names in politics are on the ballot today. let's begin with arizona. five-term senator, mccain is up against state senator kelly ward. she is viewed as republican challenger in the mold of donald trump. she lobbed is a a variety of the attacks against mccain including his age. mccain is 80 years old. she calls him soft on immigration. he has the lead and later today as he cast his vote he appeared confident. >> we're very confident about the outcome today. and, then when we look forward to moving for the election in november. reporter: there are always twists and turns in florida politics. that is the case once again this summer.
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suddenly debbie wasserman schultz is trying to hold on to her seat after leaked e-mas omhe democratic national committee cost her the chairmanship a couple months ago. she is facing political up start tim canova who is backed by bernie sanders. and then there is marco rubio, the one-time presidential hopeful had repeatedly promised that he would not run for his own seat once again. well, tonight he is expected to breeze through the primary. however he is facing renewed criticisms on this day after not guarantying that he would serve his full six-year term should he win in november. here is what rubio told cnn. listen. >> no one can make that commitment because you don't know what the future is going to hold in your life personally or politically. i can commit to you this. that is if i am running to be a u.s. senator, i am fully prepared to allow the u.s. senate to be the last political office i ever hold. reporter: melissa, david, i spoke with rubio advisor 30, 45 minutes ago. they tell me they feel really
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good where rubio is right now especially compared to where he was just a few months ago, earlier this year. a democrat who i also spoke to close to the race says they are growing to try to cast him coming up as someone who is just in it for himself. 0 days. melissa: unlike other politicians. he is just in it for himself! >> that is the line. melissa: it is hysterical, thank you. david: can't imagine. here with more what to expect in florida, blaze ingolia, florida gop chairman. let's talk about the presidential. florida is all over the place, latest poll, the "mason-dixon poll" shows hillary ahead of trump in a four-way race by two points. it looks like he is gaining on her, am i right? >> yeah. well he is gaining on her. the polls are obviously tightening. we've seen postconvention bounces for both of the candidates. now we're getting down to who people want to be in the white house. people here in the state of florida, they just do not trust hillary clinton to be the next
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commander-in-chief. david: let's get to more local race in particular marco rubio. of course he ran for president. the primaries. he was beaten up like crazy for donald trump who kept calling him little marco. did the label stick and is it hurting him now? >> no, i don't think it is hurting him now. we're expecting marco rubio to win the primary today handily. david: i'm talking, i'm talking in november? >> no, i don't think so. polling has him up anywhere 4 to 6 points. we expect a big win for marco rubio in november. look, it is important because we have to keep control of the senate. we have to guarranty that the supreme court, there is at least a check on the supreme court and nominees that are going to be chosen. david: now i'm guessing that it doesn't hurt him that alan grayson is running against -- alan grace son is embroiled so many controversies i don't know where to begin but, how are you going to press -- which buttons are you going to push of alan grayson? he has a lot of them?
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>> look i will tell you if alan grayson somehow became the democrat nominee that would be a dream for republican party of florida. nothing better to run a race against alan grayson but at the end of the day we believe it is patrick murphy. murphy has his own issues. david: debbie wasserman schultz we can't leave without talking about her. she is up against a bernie supporter. a lot of people say the dnc leaked emails that really hurt her, lost her chairmanship of the dnc are we going to see bernie's revenge today? >> i don't think so. i think debbie wasserman schultz is going to pull it out but at the end of the day she is in a dogfight down there. it is clear that democrat rank-and-file, grassroots democrats are not happy with debbie wasserman schultz especially quasi-rigging the primary for hillary clinton. david: the florida gop chairman, blaze, good to see you. >> most welcome. melissa: quasi, i don't know. concerns growing over cyber attacks by suspected russian
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hackers as voter registration systems in arizona and illinois were targeted. senate minority leader harry reid is asking the fbi to investigate the threat that the russian government poses to the election saying there are major concerns surrounding the link between donald trump and russia. david: we have breaking earnings to report on h&r block, posting a big miss on first quarter top and bottom line. shares are sinking after hours. look at that down to the 22.75. that is about a 7% loss after hours. the company normally reporting a first quarter operating loss due to the seasonality of its tax business. the company citing net losses impacted by divestiture of h&r block bank and changes to capital structure. big loss after hours. 7%. we'll keep you updated. melissa: the clinton email investigation isn't going away as we received new information regarding the investigation. and this likely isn't the end. former governor mike huckabee is here to weigh in. david: he knows about the clintons. plus as we are nearing the
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presidential debates the nominees are prepping but, very different ways. which tactics will lead to a victory? >> the trump campaign just feels like trump's next big con. donald trump, it is time for you to come clean. release your tax returns, explain your business interests, start telling the truth because americans, democrat, republican, and independent are entitled to the truth. i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back
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melissa: we may soon have more information on hillary clinton email investigation as the fbi is preparing to release some materials contained in the report. fox news's catherine herridge is all over this story and she has the latest. catherine. reporter: thank you, melissa. law enforcement sources say portions of the fbi investigation into hillary clinton's email practices could be released as early as this week, possibly wednesday but they also emphasize the review is ongoing. today the white house spokesman said they are simply not involved. >> i think those reports, and can tell you the white house did not consult with the fbi about that decision or any of the other decisions that they have made in terms of handling some of the investigative material. reporter: fbi director james comey's july statement where he recommended against criminal charges in the case, media outlet's filed freedom of
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information requests for the bureau and this forced public release of some of the documents. expectation the redacted file will likely include the fbi's recommendation to the justice department against criminal charges, the summary of clinton's fbi interview known in the bureau as the 302 as well as backup notes from agents who questioned hillary clinton. fbi director said at that time there was no evidence of criminal intent, to move classified information outside secured government networks republicans who read the fbi file sent to congress earlier this month said the agents never pressed clinton. >> remember james comey said she was not indicted because he didn't have sufficient evidence on the issue of intent. i didn't see any questions on the issue of intent. there is no question she handled them negligently or extremely care restly. -- carelessly. reporter: before the news became public today the fbi director was speaking about increasingly aggressive foreign hackers who are targeting political committees as well as voter
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registration databases. >> we take very seriously any efforts by any actor, including nation states, especially nation states, that moves beyond the collection of information about our country, and that offers the prospect of an effort to influence the conduct of affairs in our country, whether that is an election or something else. reporter: in addition to the senate minority leader harry reid two house democrats are also calling on the fbi to investigate what they say ties from donald trump and vladmir putin whether this added in any weighing amplified the cyber attacks against the dnc sites. melissa. >> a lot there. catherine, thanks for following it. >> you bet. david: i want to know what the clintons, what makes them tick really, ask former governor mike huckabee who battle the clinton machinery for years. governor huckabee, former
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republican candidate and fox news contributor joins me now. so governor, you know when the clintons feel they have won something, that they're over the hump. do they feel they're over the hp? they got the pass from comey? they're not completely getting a pass from the media almost with certain exceptions what do you think? >> well, i think they always feel like they're going to come out okay. they just do. you know what, dade, normally that is exactly what happens because they have so many lord protecttores but when those protectors, even like "the new york times," are beginning to question the ethics of what the clinton foundation was doing in relationship to hillary's official role as the secretary of state, when emails are released that show hillary's top people like cheryl mills and huma abedin were saying, we got to put our blackberries away when we land in russia because they might get hacked, i think hillary is heading towards a great, big, political sinkhole. i truly believe it. david: you mentioned "the new york times."
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let's just put up if we can a piece of the editorial where they suggested really pulling the plug from the clintons involvement with the foundation itself. that is actually not the right thing that we're looking for. "the new york times" had an editorial in which they're saying you got to create this distance with the clinton foundation but i just don't think they're going to do it. i think they still believe they can kind of sucker their support is out there the in media and elsewhere? >> well, look the clintons hands are never too far from the pockets of some donors for whom they can do favors and donors can provide money. that is what we've seen through this. the difference between what we saw them do in arkansas, with trading favors and seeing at this level, now it is global. add several zeros to the end of the checks. $156 million in contributions to the clinton foundation. more than half of which went to people who ended up amazingly,
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coincidentally getting meetings with hillary clinton. david: oh, yeah. governor, final question, bill and hillary clinton, they come from the same kind of environment, political environment but they're different people. bill clinton as we know made a lot of deals with republicans when he was president. some people called him an opportunist. others are calling hillary more of an idealist, if not an ideologue, she would govern unlike bill, very much from the left. what you know of the clintons which side of issue are you on? >> no doubt that bill is truly a pragmatist. he at the end of the day to see things work and willing to try out policy. he is willing to work with republicans, he always has been because he wants to govern. he loves to get into the details of policy. david: but hillary? >> hillary likes to get into the details but she is ideologue. don't did yourself that her main goal is to make everybody get along. it is to drive the train as far
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to the left as she possibly can. there is a huge difference between the two of them in how they would approach the office of president, no question about that. david: governor mike huckabee, good to see you, governor, thank you for coming in, appreciate it. melissa? melissa: hillary clinton looking to defeat donald trump in the upcoming debates and looking for insights into trump's deepest insecurities. her campaign has 25 researchers looking into four decades of records on trump. noelle nikpour and julie roginsky join us now. julie i will start with you. we heard reports. they got the guy who write "art of the deal" with trump with a huge axe to grind. he is righting all kinds of things, diagnosing him mentally, sociopath, whatever it is this week. that he would be a disaster. it does seem pretty closer to recruit someone like that to get inside of trump's head. would you do it? you prepped other people before. >> i premed a lot of -- prep ad
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lot of candidates for debate. you can't wing it. you have probably 30 to 40 iterations, briefing books, questions you ask, not just questions you ask, how they are going to be asked, how you answer the question in one way, how you should answer in different way. to have somebody who spent awful lot of time with donald trump writing his biography, is a huge coup but i read the article my question, why are they leaking all of this? seems very interesting to me they're leaking -- melissa: service? >> mechanism nervous. some people doing debate for hillary, they're pros and they never leak. this tightly well oil machine. >> think it is fake? >> no, no. i actually don't know. i don't think it is fake. stands to reason they're doing everything they should be doing. i thought it was very curious they were talking about it, debate prep, like "fight club," first rule of debate prep, you never talk about debate prep. i was surprised. >> noelle, what is your impression about the story
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getting out and if it is legit and what would you do to prep donald trump? >> unwith first things on donald trump you can predict one thing, he is totally unpredictable so you really don't know which way or which style he is going to present for this very crucial debate. and let me tell you something, this is very important. both of these candidates, both hillary and both donald trump, what america right now, what a lot of people are on the fence about is they want someone they can believe in and want someone appears just a little bit more presidential. so, if you have got hillary clinton contracting out with someone like mark cuban who is extremely bombastic and publicity hog to get little pop shots in, and donald trump doing the same thing, this is really going to put a lot of people on the fence and leave them there. melissa: julie, my suspicion is, i coulsee trump being very subdued. there were a couple of debates we saw like that, people are forgetting. we were here watching them late
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at night where he was subdued. i feel like he would know there is a huge risk in attacking her, a woman, especially at a time when the thing that people seem upset about with him the idea he is bombastic and unpredictable and being more straight-and-narrow has served him recently in the polls. >> yeah, you raise an excellent point. you and i talked about this on "outnumbered" yesterday. what is very interesting, trump has to be bombastic in the presidential debates and primary with so many people on stage, he needed to do something to stand out. here people will pay attention to him. he will not get lost in the sauce. as we discussed the other day he needs to be very careful about treating her in a way that offends white college educated women with whom he should be winning because republicans typically do, with whom he is losing now. that is the demographic very much stands to offend if he starts behaving some of the ways he behaved in the primary debates.
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he has good people around him like kellyanne conway would be smart to listen to him. melissa: we have breaking news. david: we have breaking news about a fire. gap reporting that it had a serious fire at its fish kill new york distribution center. they said all employees on site are safe and accounted for. they will continue to cooperate with an investigation. gap has contingency plans in place and working all over north america network of distributor centers to serve customers. watch out for fire safety. the stock is not muching much at all, if at all after-hours. melissa. melissa: extreme weather taking aim at u.s. beaches. we have the forecast before you hit the reed for labor day. if you're taking prescription medications,
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♪ guys, what's happening here? hey nicole, this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. melissa: powerful storms are
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threatening u.s. beaches just days before labor day weekend. north carolina bracing for a tropical weather system that could bring strong winds and heavy rains. a powerful hurricane is dangerously close to hawaii. another system brewing in the gulf of mexico, wow. fox news senior meteorologist janice dean is in the weather center with the latest. you have a lot to watch there, my friend. tell us about it. >> it is peak season in the tropics not only for the atlantic but in the pacific where we have two hurricanes are threatening hawaii. this is madeleine. this is a major hurricane. just south of the big island. perhaps a direct hit. it may move so you southward. they have very heavy rain and gusting winds and large surf will be felt as well. then next large system, lester comes north over the hawaiian islands next couple days. watching the pacific. here is the atlantic. gaston, not worried about gaston
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moving north and eastward. tropical depression 8 and 9 could affect the u.s. this is tropical depression 8. we still think it has potential to become a tropical storm. it is moving north and eastward. we'll get squally weather, rain bands and gulf at this winds and rough surfs but not a big one. this depression, tropical depression 9. we'll get update any moment. it could be upgraded to tropical storm. it will strengthen before it makes landfall we think across the big bend of florida. the temperatures in the gulf of mexico are very warm. so that could help in strengthening of this system. this is the latest track. we get a brand new one at 5:00 p.m. but you can see this brings it across north florida, central florida, you're still in this, including tampa, as a strong tropical storm perhaps, minimal hurricane. the big takeaway here we're going to see potentially inches of rainfall, six to eight, maybe potentially a foot of rainfall as well as potential for
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tornadoes, rough surf. certainly gusty winds. we'll watch this as some of the models, melissa, bring it very close to the east coast for labor day weekend. melissa: boy you have, your work cut out for you, janice. keep the rain away from us. david: a little rain. melissa: a little rain. that's right. thank you so much. david: the controversy over san francisco 49er quarterback colin kaepernick national anthem protest taking center stage with a press conference with coach chip deli, take a listen. >> how he is handling it. >> as a citizen. >> how does he look like handling balance of this, with the big story he is doing but having to deal with -- >> again, my dealings with colin is when he is here he is all about ball. he has been great with that. david: meanwhile his former coach jim harbaugh clarifying earlier comments he meant, saying i support colin's motivation.
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it is method of action i take exception to. this goes on and on and will. fighting isis with silence. why secretary of state john kerry says the problem with terror is the media. (announcer vo) who says your desk phone
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david: news from south of the border. one of venezuela's most important opposition leaders was abducted by security forces yesterday and has not been heard from since. jan, a recipient of the cato institute milton friedman prize, was organizing massive protest against the socialist government planned for this thursday. he was abducted from his car after he left his residence in the morning.
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his family has no idea of his current whereabouts but the government has confirmed he was arrested. jan's friends and family announce thursday's protest will go on as planned. i'm joined by john bolton, american enterprise institute senior fellow, former you know ambassador to the u.n. and fox news contributor. ambassador bolton, is the u.s. doing enough to help the democratic opposition there? >> i don't think we've done enough for a long time. the fact is that under hugo chavez, now under the maduro regime, essentially it's a military government. there had been some democratic freedoms, elections were rigged, outcomes predetermined. the opposition has been ineffective over sustained period of time i think it has its act together. if it is kidnapping, it demonstrates how fragile the military regime is at this point. they have recognize they have lost the popular support. they will try to crack down.
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so all that is left to them. david: in 2009, just the beginning of the obama administration he began to sort of make friendly gestures to hugo chavez. do you think that the obama administration realizes that was a mistake? >> i doubt it. i mean i think this is the way they treated the ortega regime in nicaragua. obviously full diplomatic recognition of cuba is real reflection how obama and hillary clinton and joe biden think about these things. if the u.s. shows that it has no opposition to these regimes, they will revert to normal behavior, sweetness and light will break out, everything will be fine. it has been wrong consistently. that is how they view it. david: switches gear now to secretary kerry was in bangladesh calling out the media helping terrorism spread. said, i'm quoting, perhaps the media would do us all a service if they didn't cover quite as much. people wouldn't know what is going on. ambassador bolton what do you think about that?
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>> it is another demonstration of obama's approach to the world but particularly to the american public. they just don't understand. they're not as smart as he is. you can't trust these people with mere facts. the white house today said, these terrorist attacks have to be put in context to show they don't occur every day, everywhere. you know actually i think the american people understand that, and i think what is really at issue here the administration is desperately afraid if the full facts are known, people will demand a response. and that's problem for them too because then they would have to admit we are in a war with terror. terror is in a war with us. we ought to the respond that way, and not in laid-back, lack daysal law enforcement mode obama prefers. david: we remember isis is the jv team. they still continue underestimate the importance and threat from isis and other terrorist groups. >> i think that's right. i think fundamental reason is they will not acknowledge that what we're faced with here, is
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not random acts of violence that occur in different places because of economic deprivation. this is a political ideology, based on a distorted view of the muslim religion. king abdullah of jordan called this a civil war within islam. although the effort is directed against us. they will not admit that because it would mean their world view would be disproven. that is the idealogical basis. david: remember very well the so-called arab spring back in 2011. hillary clinton was secretary of state at the time. she was the one very strenuously supporting the muslim brotherhood's election i guess if you will in egypt and our support for the muslim brotherhood. that it seems like what the obama administration, she would do even more so? >> well, i think that's right. i think that was a good example of a belief that just holding a vote somehow is equivalent to democracy whereas what the brotherhood wanted, what they
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would have brought to egypt was one person, one vote, one time. which is why when the people of egypt figured it out, they supported a military coup which the obama administration opposed. david: ambassador john bolton. good to see you, sir, thank you for joining us. >> thank you, david. david: coming up if you think your dog really knows what you're saying we just may have proof that you're right. proof that you're right. ♪ as a vested investor in vests, i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. is it keeps the food out. for me before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles.
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super poligrip is part of my life now. >>
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david: new research proving man's best friend does understand what you are saying. a dog's brain functions a lot like humans to. the words and tone have to match. so dogs are he specially happy
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when you use an approving tone. that does it for us. "risk and reward" starts right now. >> it's a crooked system, a system that's rigged it's a rigged, crooked system. first of all it's rigged. i'm afraid the election will be rigged. deirdre:ed the frieb is warning state -- the f.b.i. is warning states about the risk of russian hackers. the system of illinois was also breached. today in arizona there is a primary with house and senate candidates with me now, blake berman, what is the latest? reporter: two well-known senators on the ballot tonight.

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