tv Cavuto Coast to Coast FOX Business September 9, 2016 12:00pm-2:01pm EDT
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i know that's what neil caputo would ask. the incisive question. i think he's there. so who do you think he supports. i find it interesting that you immediately seized on his age why because i am approaching that age. the first i thought it was 18. >> thank you very much. i enjoy kicking off the week with you as well. it is what he is up to but the house has gone ahead and okayed that september 11 bill there can be looking at the 15th anniversary on sunday it might have been involved like
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saudi arabia. earlier this year it was passed by that. they have already promised that he's can veto this because they make u.s. interests abroad very vulnerable. those serving very abroad. he is setting himself up for another big fight. this time with the democrats and republicans in both wiles of congress. walls of congress. we will keep you posted on that. and a lot of it has to do with growing expectations this is now the third time that this official did that. the sooner the better. i am paraphrasing here. >> some economical news is slow. the other new's they are firing on all cylinders. now is the time to ease up on this.
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the indications are that they were betting that they weren't went to do that. another thinking maybe not so fast. it's what happens with interest rates. the battleground states. in both print and broadcast. a lot of people are reading into this cynically. it seems to be for those who think i am distant or a live. will get to the particulars of that in just a second. whether it's too little or too late. it's in a magazine i guess it's more to the point. in which they take issue that
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i have to learn as a young woman to control my emotions and that is the hard path to walk. they go on to say you need to protect yourself you need to keep steady but at the same time you don't want to seem walled off. mercedes, you are looking at this. they're trying to address the image and there is a reason for it. what do you think? >> are we going to cozy hillary. but this is what is happening. clearly they had focused their campaign especially in the past several months on literally just saying dangerous donald trump he doesn't have the right temperament. that only goes so far. now they're trying a new tactic. let me see if i can show a little bit more heart and as they have said that would be
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good for hillary clinton to do. show a softer side. i think what she's missing is the opportunity to talk more about policies and contrasting that with the policies of donald trump. if you've noticed what happening is every week they're laying out at least two different policy messages this week we saw national security at the beginning of the week. i think for hillary clinton she is playing catch-up she so focus on the single narrative that is hurting her and i think while she still in the late i think that's right donald trump has been able to do that. i think marco rubio found out. they are not getting to that degree. i think dusk at the question you have to ask is why now. trying to find an explanation for herself. she is not quite to the person the person she appears in public. with that thought she is very
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guarded and i wonder now whether it is too late. i don't think it is a full introduction. we are adapting these. they are not politically active. it is one out of the pole. i thought it was important for the clinton campaign only 46% are enthusiastic about her candidacy. i don't agree with that. and that she has catch up to do on policy. it has been up on her website since the beginning she is running out of weapons here. i don't like that.
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the last two months elections are won and lost. this is in a be a close election. there is a reason that these two are close. >> really quick as this can go anywhere doesn't mean that donald trump has to start doing the warm fuzzy. i think that's why petra has been such a powerful secret weapon for her. she has been able to show him in a light that we don't get to see as a father in a businessman and the fact that he does have the right temperament we need to see more of the eye dr.. twenty-five or 30. it's hard to repackage an old gift.
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you know what i mean. we are so glad you are back. i just head to say about this. the humans of a new york comment. she is talking about what it's like to be a woman in the public eye. i note mercedes understands this to some degree now. you need me to be careful i was very sympathetic when they went after her feeling things like that. >> i know a ton. alright look at the time. i want to thank you both. >> in the meantime building and fundraising apparatus a very controversial forum. that's what hillary clinton is doing right now.
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he goes on and on. she is now trying to get some fund raising up the way she was treated by matt lauer. the former ceo and chair very powerful craddick broker. good to see you. more importantly you look great. do you think that that's appropriate to do based on the form to say that she was not treated fairly. they're going back to her. he then kept the conversation moving we have to step up and do it ourselves. they want to do it for us. you have to open offices. but she is winning. today there would be no one
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sane saying that she's not winning in the swing state. i'm not fundraising and i didn't see the e-mail or hear about it. my view is on the fbi e-mails that are behind us. director comey said the case is closed. i'm sorry wall street guy. >> i'm glad people have that anyway. do you find it a tad tacky to try to raise money based on a form in which you and other hosts. i didn't see it. i'm not sure if that's the only thing been said but fundraising is you have to reach out to a lot of different types of people that means we have to work even harder. they have to do this with voters across the country. i think it's fair to say that the media is pretty much
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treating her that way. i have not seen the front page. the stories i'm not saying that they can't know that but they don't do it with the same deal. >> i disagree. if anyone made a comment that the russian president is a better leader in our president that would be front page news. it would be non-american and it's crazy that that is being said. our generals are now and rebels would be outrageous. i don't think they are doing that equally. in asia speaking ill of the potential success when you when he is abroad to avoid that. do you think it is appropriate to have answered it like that. when he objects to be treated
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the same when he is on foreign soil. there is a difference when you're talking about a large part of the population obviously i'm a democrat i will support his response actually think i'm not surprised. but when you hear and see about that and you know a lot of the americans don't know this. i think you're right. but they do get the sense of wait a minute it doesn't feel like that in small ways. >> there is no question how she's a poor woman lawyer trying to work her way up. here's what i think.
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people are going to go vote on the economy, foreign policy like immigration or supreme court. that's with her to vote on. economic plan is the best of the two. >> do you think it's a waste of time that's why i am guarded with people. the pay to play as i can to decide the election. i'm just try to answer you. i'm asking you he is a good golfer. do you think that this is just making noise when she goes back and tried to reexplain herself when she comes across as cold and aloof. you probably know her far better. i'm asking you.
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the very big in democratic circles. my view is labor day. they are to know her in many different ways. a lot of people when she was ready before there are more people that i can devote. and they are reintroducing herself to all of the millenials. who probably haven't focused on what she has been doing. >> it's good to have you back. thank you very much. >> we are joined right now. she is here to comment on some interesting stuff. the regional press secretary back in 2008.
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a lot of people are saying forget do you agree with that this is a huge gap. the greatest humanitarian crisis since world war ii. they should just disqualify them. i think this could have it nailed the coffin for him. do you think one could just say what's framed in a way do you think he is doomed from the gate now. because he didn't instantly know that. >> he is not doomed from the gate. the commentator have sent to syria he would've come across
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with a different answer. >> i find it interesting that he was mister invisible i don't want to be cynical there pulls out that seems to show that he would hurt hillary clinton more than he would hurt donald trump. i'm not minimizing them. i just found at all odd. i read the polls as he pulls from trump. a former republican governor and it seems like in the polls over the last several weeks that he chips away at the national state where he is in relation to hillary. i think they were hoping that they could make the narrative that he's gonna somehow have the absence of him. if he is doomed to make the debate he could still be
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consequential and battleground states. and we learned that even from the likes of ralph nader. they might tip the rates. anytime you have another party out there. i think every vote counts for the trump team at this point. dangerous. thank you very much. all right look take a quick look at the dow right now. we are down to an or to six points. a lot of this has to do with the fact that more and more governors and district presidents and key members of that committee you've heard us talk about that they are more inclined now to say when a slow employment report. things are still doing well enough in this economy to
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>> the way it happens to stocks right now. they are being read down. faster than thought. and now oil is giving back some of that here. it could also be in response to the prospect of higher interest rates sooner rather than later. if he have his way he would raise it this month. normally when rates go up they tend to depress the economy.
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that the economy is just fine. if they were so inclined so be it. we have enough activity going on to justify it. >> i think the overriding factor recently has been the expectation that at this meeting next month there is good to can be some kind of freeze put in place on production. i think it's an overrated expectation. the retreat that you mentioned earlier that were seen in the oil prices is a growing recognition and might not end up being a freeze after all. they have a long history just saying you can do one thing and it's just the opposite. in the past they talked about trying to compile control
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supply. and then they just flood the market will they do that. i think the market to flooding was a long-term strategy designed to try to drive down the production in the united states and some of the big international offshore projects i think they were viewed as a threat to the market place going forward. i don't think they want it to happen either. their they're tried to ramp up now. the last thing they want to do is to slow down their resurgence here in terms of revenue from selling oil. what is your thought for americans looking at this end gas prices. they had been very lucky and things have been very low and they are kind of getting used to that. for politicians running in
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november it's always great to head gasoline prices down there is a lot of people who are cheering on this. we shouldn't lose sight of the fact that the growth in the energy sector and the development of oil and gas reserves here in the united states in recent years has been a big engine in terms of our economic growth and if prices stay low that engine is going to slow down. >> it was good chatting with you. keeping a look at oil still going down. and the latest seems to be this growing fear going into the weekend i put in relevant terms here. we go from accorded of a percentage point. you are still awfully low. but having said that it's putting the fear of you know what into these guys. the canadian media mogul who said maybe we had have it with
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tennessee's and that is bad news for hillary clinton. after this. remember here at ally, nothing stops us from doing right by our customers. who's with me? i'm in. i'm in. i'm in. i'm in. ♪ ♪ one, two, - wait, wait. wait - where's tina? doing the hand thing? yep! we are all in for our customers. ally. do it right.
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. neil: all right, welcome back, everybody. i'm neil cavuto. i want to read you something about this inevitable notion of hillary clinton winning it all. this is from the fellow north of our border in canada who says i will make a hazardous prediction, i think hillary clinton in the words of the senate majority leader mitch mcconnell when fellow republicans were drinking the kool-aid will drop like a hot rock. lord conrad black is his name. you have to call him lord, for one thing, but my lord, good to have you. >> that title and the correct fare get me on the public transit system, neil. neil: i call myself the financial factor here, and it gets the same response.
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what's interesting in the same piece, it's a couple weeks old. i'm not ignoring the shortcomings of trump as a candidate for office, his short temper, tendency and vagueness on the issue, the scores of millions of archie bunkers in america find so endearing, you go onto say it's the other stuff we associate with establishment types, paraphrasing here, that will be hillary clinton's doom. what do you mean? >> i don't want to be quite that emphatic, and i'm personal not anti-mrs. clinton to the slight degree. she's a very competent person. i don't think she's done a great deal in her public career but a strong, tough, smart woman. and if she's president, i think she would be a competent president. that's not what i was referring to. i think, you may say what do i know? i'm not an american. by the way, i'm not a media mogul anymore either. neil: i like the m and n thing,
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if i call you a mogul, people say what kind of mogul. work with me. >> and you a few other people asked me for my opinion, that's all i am. but there clearly is a fatigue in the country with the bush-clinton co regency. never in the history of the u.s. been eight straight terms from 1981 to 2013, 32 years where one member or another of the bush or clinton families held one of the three top jobs. president, vice president or secretary of state, and with respect to them, and they deserve respect, both the families have rendered great service to the country, but they haven't been sustained 32 years in a row in the positions and both families put up candidates for president this year, and hillary clinton is, of course, the nominee, because they were so outstandingly good. it's not like the roosevelts or
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the adams, where you had two great presidents in the roosevelt family and one of the great secretaries of straight john quincy adams, they're not as distinguished as that and no reason we would have heard of the clintons if george bush senior would not have allowed ross perot to split the vote. neil: we have another trudeau in this, people glom onto this sort of thing. are you then sensing that it's not so crazy for americans who for a revolt kind of mood to say no to this, this go around and entertaining donald trump? >> look, i think you get to a point where you have fond recollections and respectful recollections of a personality and related to the person who has the name, it's a reassuring thing. a lot of people felt that way about fdr coming 20 years after theodore roosevelt, in another party.
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it was a phenomenon of people thinking that the same family is claiming right to cling to the furniture in the country again and again, and they get tired of it. you saw a bit of that in the treatment of jeb bush. he spent a great deal of money and his campaign wasn't successful. neil: all right, we'll watch very, very closely. what is that? [ horns ] . neil: could be trumpets from my lord. conrad black. >> it is unfortunately my cell phone, but it should -- there it stopped now. neil: here's why i know you're a lord because your cell phone rings like a cell phone of my lord. >> my wife set it, and she's an enthusiast. [ laughter ] >> i will let that go. very good to you, conrad, conrad black. >> same to you, neil. neil: those of you who dismiss donald trump, some sort of people for a revote, populist mood, he could be right, and it could be donald trump's win to
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be made. all right, well speaker paul ryan wants to see the trans-pacific trade deal done but the idea of a vote just not going to happen. so we have to move on. is that right? the guy says please don't say that. after this. when it comes to healthcare, seconds can mean the difference between life and death. for partners in health, time is life. we have 18,000 people around the world. the microsoft cloud helps our entire staff stay connected and work together in real time to help those that need it. the ability to collaborate changes how we work. what we do together changes how we live. it's a very specific moment, the launch window. we have to be very precise.
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quite frankly, they've got to fix it and they haven't done that. neil: all right, obviously, speaker paul ryan bemoaning the fact something he wanted to see done this year as well as the president of the united states, one of the few subjects which they both agree, isn't going to happen. in this political environment, the trans-pacific partnership, tpp, is not going to happen, and it doesn't help matters any, that the two premiere candidates are not big fans of it either, that puts the speaker at odds with his own presidential candidate and, of course, the president at odds with the woman who wants to succeed him. to the u.s. chamber of commerce ceo tom donohue on what happens now. tom, good to have you? >> good to see you and welcome back. neil: thank you tom, very much. and thank you for your very nice note. >> well, fine. neil: i like that, well, fine, let's move on. i'm not a warm and fuzzy guy. it's okay, i was going to hug you, let's move on.
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>> when we see each other. look, here's the deal, what the speaker of the house said he's not going to bring it up for a vote now because the things that need to be fixed have yet to be fixed. the fact is they've just about taken care of anything on the capital market side. they've got a real issue on the pharmaceutical side and i believe that senator hatch and the white house and we're involved and others that we're very close to getting a resolution there, and if you really think and look at this, this agreement, it's the first agreement in modern time that all of the agricultural people in the u.s. are in favor of. neil: it could be perfect, tom, i think it could be perfect. in this political environment, it is not going to happen. i guess what i'm asking you now is what's going to happen next year? or is it dead and we start from scratch, what? >> well, look, i'm not going to say it's not going to happen just for the reasons i began to
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talk about, which are the many people and groups that support it, and second, depending on how the presidential election and everything goes out, there may well be a chance, if we take care of these problems, to get a vote, in the lame-duck session, and if i were hillary clinton, and she were president, i'd want it to happen in a lame-duck session. if i were mr. trump, i might feel the same way. so i accept what the speaker and what the majority leader said, and meanwhile we're working on trying get a vote on it. neil: all right, time's awasting, a lame-duck session would be your only chance, assuming that doesn't happen. it would even be uphill there. what do they do, tom? do they start from scratch? do foreign partners, those abroad cobble together their own deal? what? >> there are three things to look at.
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first of all, the five or six countries that run along the china rim are going to be very, very likely to begin to look to china for their economic relationships which then of course begins to include geopolitical relationships. second thing, there's no way in my judgment that either candidate, who then becomes president, is going to be able to move the economy out of the malaise that it's in now and start to get the kind of economic growth that gets us moving again. which by the way, they need to get re-elected themselves, if we don't deal now or very soon after with this arrangement. and number three, there are people, and leaders of governments all over the world, watching this process, and if we're not very, very careful, they're going to believe that we're not dependable and they ought to look to others for their leadership.
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. neil: all right, ali-frazier, could get ready for spitzer-greenberg, could be heading to trial. charlie gasparino on all of this. >> spitzer brought the case against hank greenberg against alleged sham transactions in 2005. i was a reporter at news week magazine. neil: with the hard copy? >> we barely did anything on web at that point. and the case since then has lingered around, whittled down to a few counts that haven't been dropped or thrown out by
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the courts but two counts left, and the new attorney general eric schneiderman is going to try the case. we'll see probably hank greenberg on the case. this is when hank greenberg was head of aig. he allegedly did sham transactions which had nothing to do with aig's failure. these are sham transactions that spitzer went after him on when he was the sheriff on wall street before he was the guy caught with his black socks on with a prostitute. you remember that part, right? you make it like you don't know. neil: it's all coming back. >> two attorneys general later, case is still in existence, greenberg is no longer at aig, he runs something called the star companies. it's a private company, big insurance companies. why doesn't he just settle. here's the business angle. if she settles, greenberg wants to be part -- wants to do stuff. he might want to buy a public company. if he settles with schneiderman he'll probably bar him with
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being director of a public company and problematic to settle a case like this and do business in current form in england. there are business reasons why hank greenberg has to fight this out. schneiderman, he wants publicity, schneiderman has two major cases, from what i understand, wants to challenge andrew cuomo for governor of new york state for the democratic ticket. this is corporate fraud, democrats think that's a good case to bring. number two, he has the trump university case as well that donald trump created what schneiderman would view as a sham university, ripped people off. trump says that's not the case. those are the two cases you will hear a lot about particularly in the election cycle as schneiderman prepares to ramp up for governor. neil: why would schneiderman risk and not wait out another cuomo term? assuming cuomo runs for re-election, rather than risk and divide the party now? >> i think he believes that
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cuomo is vulnerable with the left of the party. if you noticed, andrew cuomo is fighting a lot with bill de blasio, the left-wing, more of the socialist mayor of new york city. neil: i call him comrade bill. >> thanks for reminding me that. comrade bill, he gave aid and comfort to the sandinistas early in his career. that's true. cuomo is fighting with him, schneiderman is hoping he can win. it's very interesting he can use this case with greenberg, interesting enough, greenberg will probably take the stand in this case. neil: that will be interesting. >> 85 or 89? neil: this guy is like a 45-year-old guy. >> amazing, works out every day. neil: like we're all joined at the hip. real quickly, the fear markets have, i say fear because you have to put in perspective interest rates are going to go up this month? >> this gives donald trump a lot of credibility.
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what's the market trading now? neil: off 230. >> this is what donald trump said recently, this is why he's on strong ground with the economy. it's only being propped up, the market and what little economic growth we have, by the fact the fed is printing money by keeping interest rates at super low levels. guess what? one little thing comes out of a fed governor's mouth. it's not janet yellen, by the way, comes out and says we might have to raise rates and look whathe markets are doing right now. they are puking right now. here's what i would say. donald trump is on -- this could play into his hands, particularly if they raise rates and the markets crash or go down. remember, last time they raised rates i saw it down 1,000 points. >> it stabilized. >> after they said we won't raise rates again. neil: calls for immediate coverage. remember we were doing it around the clock. >> yes, i'll be here.
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martini glass in my hand. do you trust me drinking on air. neil: you're doing it now. [ laughter ] >> thank you, buddy. i miss you like a brother. we got a lot going on, charlie is referring to the markets. the fears that yet another fed governor saying you know what? sooner rather than later. maybe as soon as this month. only a couple of days now to the 15-year anniversary of 9/11. can you believe that? 15 years. yet, that's the same day we're told seattle seahawks and maybe other teams are planning national anthem protests of their own. bad timing or ideal timing for the nfl. you can say nightmare? who's with me? i'm in. i'm in. i'm in. i'm in. ♪ ♪
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. neil: news at gm to tell you about. it is recalling about 4 million vehicles worldwide, a software defect linked to one dead. earlier it was saying it will release eye tracking technology to keep drivers alert. this is something post this development here. again, we'll follow it very, very closely for you. all right, the nfl season officially kick off last night. the broncos brandon marshall taking a knee, kneeling down, i should say, during the national anthem. to dagen mcdowell on others that could be picking up steam this weekend, ironically on the 15-year anniversary of 9/11. >> i will say if anyone, any individual or team does anything, they will be very, very careful how they express themselves given the fact it's the 15th anniversary of 9/11. there was a report the seahawks were planning to do something,
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it was more in the spirit of the flag and the nation and national unity. wide receiver doug baldwin said he considered sitting through the anthem, but has since tweeted to express a desire to bring people together, our team will honor the country and flag in a pregame demonstration of unity. somebody who's inserted himself into this is a former green beret who played on the practice squad. nate boyer. he convinced colin kaepernick to get down on one knee and nate tweeted something to that effect as well. the team will do something that is a powerful sign of unification and respect for those that fight for our freedom. if you see anything happen on sunday, it won't be quite as dramatic. neil: but if you're not standing up for, it aren't people going to notice that, and isn't the nfl, more to the point, going to get nervous about that? >> they'll get nervous for that. i think what you'll see from
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the seahawks and completely guessing here is locking arms and standing and showing respect for the flag and the anthem and our military. i think you will see very few people sitting or kneeling. neil: can the nfl enforce the issue and say you stand during. this the usa hockey coach? >> yeah, john tortorella. neil: who would say, you're benched. >> they could do that, i don't think roger goodell wanted to go that far, he would be accused of cracking down on someone's right to free speech. the dallas cowboys wanted to wear decals on their helmets to show support for the dallas police officers who were killed, this is during the preseason and regular season, the nfl told them no, because it's in the rule book that basically the uniforms and anything on the helmet and the uniform has to represent the team, and it has to be approved by nfl brass. they weren't allowed to do that, and then remember the rams at the hands up don't
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shoot, a handful of rams who made a demonstration like that. that was based on a complete falsehood and a lie in terms of what happened in ferguson, missouri. neil: it was very obvious. wouldn't the nfl worry about sponsors and the rest who say what are you doing? >> it would take a lot of these players doing it and doing it often. colin kaepernick, number one selling jersey, the proceeds from the sale will go to communities and charities. hopefully somebody is tracking that. when the rams players did the hands up don't shoot which again was a high, they weren't reprimanded or penalized by the nfl. you know, the nfl gives them a lot of room to speak their minds and show themselves. neil: don't go too far. dagen, thank you very much. >> thank you, neil. neil: we told you about what's going on nationally where the polls are narrowing for donald trump, but waiting to see whether that's happening in battleground states. this is all about electoral votes, right?
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. neil: you know, we were just talking about the markets and selling off, 231 points, almost 232. in and out of session lows. a growing number of federal reserve officials, many who sit on the open market committee who decide this thing is prone to raise rates sooner rather than later. september would be the time to do that and the ten-year treasury is backing up on the prospect here. short-term rates go up, that slows the economy down, long-term rates go down, the market is focused on the prospect of rates starting to go up. this would bring them to all of half a percent if that is the case. we told you earlier about polls tightening nationally, and
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seeing further evidence of that in key swing states. connell mcshane to break it all down. >> pollsters were telling us as it tightens nationally. if you looked at race, hillary clinton has a two-point lead over donald trump nationally when you include gary johnson and jill stein. they told us the swing states would happen. have fun playing with the hypotheticals in a moment. i have four states that want to take a closer look at that are obviously very important. one would be florida, and you see the difference from a previous poll in florida and it is 44-41 versus now when things are close in florida, it is a toss-up state. it is certainly well within the margin of error. one-point lead is what you call florida now, we have three others that are other big ones in ohio, the one if you are donald trump, you can put it in your must win column. hard to imagine donald trump winning the presidency without the state of ohio, and any
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republican will tell you that. very close here, 45, almost 44. a toss-up state is ohio. the other two get interesting. pennsylvania back to in the map. this san issue for trump. instead of being down as he had been by 7, 8, 9 points in the earlier polls in pennsylvania, he's gone the closer in the state but it's still a fairly comfortable lead for hillary clinton in the state of pennsylvania, which we'll come back to and see how important that is in terms of electoral math and north carolina a toss-up, always been within a point or two and still is. thought of as a must-win for donald trump. that brings us to the map here, so remember the four states we were talking about, if we start to turn them red in order, where are we getting in terms of electoral math here. it's 217, 163 in favor of clinton, once i color in florida. as she starts to do the other
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states, we add the likes of north carolina and ohio. donald trump, you are getting there. 270 to win, only at 163. even if i'm to add pennsylvania in this and make this a red state. that's a big if right now, donald trump has a ways to go. down here, 245 is where we are, to do the math properly to 217. this takes out states that are quite frankly leaning to the democratic side here certainly in the northeast. but with all of the states if you are donald trump, you have to go out west and win nevada and arizona and hopefully shore up states, the race is tighter than it was, two or three point nationally. closer in swing states which is going decide the election, but because of the way the electoral college is set up, the path is difficult for trump though it was better than a couple of weeks ago. neil: connell, thank you very much, my friend.
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donald trump hoping he sees this initiative, rick santorum, the former republican presidential candidate joining us now. welcome. >> thank you, neil, great to have you back. neil: good to see you, my friend. >> god bless you. neil: what do you make of donald trump's turning this around, as often reminded me, things can change. he's got momentum, or hillary clinton is losing it. what is happening? >> look, donald trump has figured out if you focus the election and make the election about hillary clinton, you win, if the election is about donald trump and things that he's saying that sort of offscript, he's not going to win. and i think what you've seen over three weeks, he's gotten on script, he's focused attention on hillary clinton and her weaknesses and why she's not the right person for the country. laid out policy prescriptions for popular america, a populist campaign, geared toward winning
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the states, pennsylvania, ohio, i wouldn't count out michigan and wisconsin and iowa. there is enthusiasm. i was in pennsylvania the other day. there is a tremendous amount of enthusiasm for donald trump, and the democrats are not enthusiastic for hillary clinton. neil: you mentioned pennsylvania, your state, senator, pat toomey is in a world of hurt. one of the reasons for toomey's problem is association with donald trump at the top of the ticket. that might not be fair, might not be bright. others have been worried about that. do you think donald trump has removed that albatross of being a drag for republicans downticket? >> if donald trump keeps doing what he's doing for the past few weeks, donald trump will not be a drag. the wind is at -- i believe this, we saw it in the uk. the wind is at back of populists who are up against the elites who are trying to
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keep the status quo in place, and donald trump is that agent of change, and in many, many states across this country, there is a strong majority who will support someone like that, if they feel comfortable with them and trust them. that's why the next few weeks are very important to trump. he has to keep that level of presidential air, that he's focused on the issues, he's not going to play petty personal politics, he's going to talk about things that matter to people back home. when he does that, he wins. neil: later on talking to bernie marcus, the home depot founder about republicans who cannot get on voting or so much enthusiasm for donald trump. said it's a bad idea, you'd be all but electing hillary clinton. do you feel the same way? >> absolutely. if you look at most of the folks who are not enthusiastic like donald trump, it's not surprising, it's the elites. the elites in the business world, it's the elites in the intellectual world of the conservative party, the conservative movement.
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the ones with the ph.d.'s at the end of their name are having trouble with him. he is anti-elite, a populist candidate, and i'm going to talk about this at value voters today. he is the agent of change i think value voters are looking for because the elites are the ones who got us in the problems in this culture, while trump is not a culture warrior, he has identified the problems in this country, and the elites don't care about working men and women, who don't care about the culture and the effect on lower income people in particular, and trump is out to change that. neil: senator, great seeing you again, my best to your family. >> thank you, and best to you. neil: all right, rick santorum. we always find out something about this e-mail -- maybe i'm just finding out about this because i was out couple months so i'm in a vacuum. guy that deleted all the e-mails, well, he was given immunity. he doesn't have to worry about
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congress calling him or soil himself with special meetings and sessions behind closed doors or any doors to discuss who was telling to erase what and when. vince is co-executive editor. >> he prior lied about the fact he wasn't aware that congress had ordered him to preserve all these records. neil: he had to have known that congress would not allow him to destroy them. >> he admitted to the fbi once he was granted immunity, it seems that he knew that the order not to destroy existed. he was aware of its existence. in march of 2015, decides the week of march 25th, i'm going to delete all the e-mails, as he told the fbi, i forgot i was supposed to. the clinton people said destroy all of the records in december, that's what he was supposed to do and he had a moment conveniently weeks after the "new york times" reported that
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hillary had a private e-mail address, and that's when he deleted all the documents. neil: but i'm not a lawyer, you might be, but when that's granted, you are wasting your time trying to get the person to come and talk to you, let's say you are in one of the committees looking into, this he's not going come. >> not going to get charges against him because of his immunity, i guess, obviously, we got answers out of it. he was granted immunity because the fbi seemed to be in pursuit of something bigger. comey chose not to recommend charges, and in this case, i think this technician, it's an amazing indictment of the hillary campaign's ability to control things. first of all, they hired a contractor unable to meet the requirement which was delete the e-mails. why need to delete the e-mails of the secretary of state? this is not convenient! there's nothing about this that is convenient. hillary set this up for convenience. now she has to run the private
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sector and have them delete all her e-mails. doesn't make sense at all. neil: a group last night said this is going nowhere. to most americans hearing this, it's noise, it's political fodder. >> yeah. neil: it adds to the impression somehow, which might explain hillary clinton's negatives. trump has negatives. it is political gamesmanship and doesn't go anywhere. what do you think of that? >> honest and trustworthy numbers are horrible. one of the bright areas for donald trump he seems to trend 15, 20 points higher than her on honest and trustworthy. that's not good. the e-mail thing stunk since the beginning. the "new york times" was the first to report, it mainstream dissatisfaction, the pr guys there don't want this to be a thing. they're saying a third party is perpetrating it. the mess is inhouse and it deserves scrutiny. neil: not just those working the campaign of the "washington
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post" today pooh-poohing it. >> on behalf of the daily car, welcome back. neil: thank you, my friend. this guy is one of my favorite guests. vince is too, by the way. he has an uncanny way of putting things in perspective by stepping back. he helped create home depot, which is interesting, bernie marcus isn't remotely handy but became a gazillionaire doing that. he has a message with republicans who aren't cozy about the idea of donald trump being the number. shut up. after this. there are two billion people
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you are charging it, not to use those phones or charge them up but they're going so far to say don't use them at all. they see one -- i don't know how quickly they'll be able to tell. it's a large phone, maybe it's a big phone. i'm not saying it's this big but they would know and they'll say you have to shut it off or confiscate it or whatever. that's a growing trend. all on fears that the thing had issues with the battery that could explode or worse. so we'll keep you posted. home depot co-founder big donald trump supporter bernie marcus says you are not behind donald trump you are all but for hillary clinton. he doesn't like it. bernie joins us now. welcome, sir? >> welcome back, good to have you back. neil: thank you very much, bernie. that's such a nice note and i appreciate that. >> listen, you're now part of the zipper club. neil: i hear that.
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referring to the wound. which gets quite a few stares at the beach, but i digress. you are sending a very clear message to the powers that be in the party, and i might include mitt romney who had a tweet out, this is before some of the controversy with gary johnson that he should be invited to the debates. but he says anyone but donald trump. what do you think? >> well, look, i don't understand romney, i mean i met him, i spent time with him, he's a bright guy, he's extremely talented in what he does, i think he would have made a great president, but his actions now just confuse me terribly, and all of the republicans out there who say the same thing, i had dinner with somebody last week who out of the midwest was a great supporter of the republican party, for many, many years and
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said i'm not voting, i'm not voting, that's the end of it. i hate donald trump. so i said, well, therefore, are you going to vote for hillary clinton? he said no, no, she's corrupt, i can't vote for her. i said if you don't vote for her and you don't support donald trump, you are going to stay neutral, you might as well vote for her because your lack of vote for donald means she's going to get elected. neil: some don't care, so be it, i prefer hillary clinton, you have meg whitman in california doing that, what do you think of that? >> well, here's my answer to them. so in other words, you're very happy with the wait economy is going? you're very happy by the fact the small businesses are getting killed? you're very happy by the fact that insurance rates are going to go up dramatically for the american people. times 20-40% in 2017. you're very happy with what we have in the middle east? you're happy with all of that?
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no, i hate it. then i don't get you. in other words, you hate personality enough to let that override your good judgment, and here's what i think is very serious, and that is the supreme court justices. look, you know, you have people like sotomayor, you have ginsburg, and i say you're going to have one or two more sotomayor's, possibly three more sotomayors put on the supreme court. what do you think is going to happen to the constitution and this country once that happens? they say, my god, it will be a calamity. i say who am i talking to? you got to be totally nuts. think about what you just said. everything is not working well. it needs to be improved. hillary is going to continue the same kind of policy, and you're not going to support trump because you dislike the man? i mean, come on, give me a break. neil: but a lot of them go onto
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say, they don't know his positions. they know hers, they don't flip them to your point. further more when they hear mark cuban who has a bias, prefers hillary clinton, saying the uncertainty of a donald trump, if it looked like he wins, if he does win, the markets tank, in your opinion, what do you make of that? >> i don't agree with that. he's slowly but surely releasing exactly what he wants to do on the economy. his tax program, by the way, will stimulate jobs. we'll create a better environment without a question. i'm a businessman and i know what creates jobs in america. i've created millions of jobs myself, when i listen to hillary clinton and listen to the economics who never in their life never hired a human being or trained a human being, i say i don't know the world that they belong in. i know that when you have high taxes, that you kill off jobs.
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killing off jobs means hurting america, it means hurting the economic wealth of america, and that's not good for anybody. neil: and you had higher taxes and higher interest rates when and you ken lingo were starting home depot. you did okay. >> well, wait a second, we did okay because we were unique and unusual, and let me tell you, if it had stayed that way, i'm not sure we would have been able to do it. we were lucky because we didn't have a lot of debt going in, and we had a lot of cash flow, but i can tell you this, and i go back and i remember this very carefully, that many of the vent vendors that sold us to, the manufacturers, we bought products we didn't need, we paid in ten days, which is normally not what we paid in to keep them afloat. i can give you ten companies that were major companies today
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that were going to disappear off the face of the earth. >> go ahead. >> listen, those are experiences that you have in real life. this is not the never, never land of bernie sanders and hillary clinton and obama. that's a world that exists in their world. but every indication is that america will go down the drain, if, in fact, she's elected. we'll see unemployment. you'll see the workforce gradually disappear. it's at the highest level it's been since 1970. it will get worse. and i can tell you this, small business people are not investing in their businesses today. they're all struggling. the nlrb, the labor department are doing everything in their power to unionize them, and that's the workforce that has most of the people in america. hey, look, look, those republicans out there, if you
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dislike donald trump, i mean just look at hillary clinton. this is a corrupt family. they are corrupt. you look at what they've done. since tamminy hall, we have not seen it at this level. this is the at the presidential level, the highest level we've seen, and we've seen with the clinton foundation, and we see it with everything she does. look, you got to vote for trump. you may not like him but you got to vote for him. >> i think i know where you're coming from. but you seem to have mixed views on hillary clinton. >> mixed? neil: just wanted to push you off the edge here. thank you very much, thank you very much. bernie marcus, thank you. take a look at corner of wall and broad, sell-off ensuing despite what bernie is saying the federal reserve is increasingly convinced things are going just fine with the economy. so fine, they have to hike interest rates sooner rather
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>> look at cost of it. it is cheaper than a taxi, close to mass transit. part of this will be dynamic shuttle. basically app based. so some of the costs will be based on demand but overall our intent as a company, how do we make mobility, as, a affordable and available to as many folks as possible. neil: you guys probably know who the fellow is. ford ceo mark fields. he does not often talk to the press. he is speaking to liz claman, liz claman only. she gets the guys to say the most remarkable things. we have an hour 1/2 until then. but that should be pretty good stuff. so i urge you to watch that. because these tend to be market moving little chats that liz has.
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speaking of market moving what we have move something down. a lot has to do with the boston fed president saying i believe he is voting member, fomc, federal open market committee, the latest to say, yeah, we had a bad jobs report. most of the economic data has been steadily improving, unemployment rate is down, jobs are picking up. the trend is our friend. we might be falling behind the curve. i'm paraphrasing to get the gist that is on the fed, key thinkers and movers who are now saying you know, we might want to get ahead of this and go ahead and hike interest rates another quarter point. they're not specifying that, the expectation that used to be poo pooed before they all flying off the handle of late, they were going to hold off on a rate hike. now, quarter point one could be in the offing by end of is month. john layfield on that. getting his read. you notice, john, particularly esconsed in bermuda day in case everything hits the fan.
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john, if that happens, assume that it does, the federal reserve hikes rates this month. then what? >> neil, great to see you back. i think the fed is worried about the fact, thomas hoenig, the kansas city former fed chief used to worry about was, when you have almost zero interest rates, what happens if there is systemic shock such as inflation. to answer your question, if they raise rates in september a quarter point they will not probably raise again because you have the election coming up, i don't see that having major effect on the stock market. you're still just half a point. and the, remember s&p 500, 65% of the stocks yield higher than 10-year treasury. dividend stocks are becoming defacto bonds. why i think you're seeing a buoyant stock market now and that certainly isn't going to change. neil: i'm not one to be in the black helicopter crowd but i think they're worried. i think what they're worried about, being tarred with the notion they fell behind the curve and they didn't pierce or try to pierce this bubble that a
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lot of people, far smarter than i say is active, alive and well. in bond market, real estate, that they got to sort of guide the markets to thinking, rate hikes are in your interest because if we don't get on board or do something with this, the fallout will be a heck of a lot worse. >> i think your black helicopter theory is correct and it is so hear the words they say don't make a whole bunch of sense. 18 months ago they missed their window to raise rates. he is talking about if there is wage pressure, wages going up. that is a bad thing. when you add to the fact real estate pressure going up because of low interest rates. can you imagine how unpolitically palatable, wages down $4,000 since 1999 per family and they're worried about wages going up? the problem they have you have dismal gdp and what they consider full unemployment and only way to explain that is that the jobs lost during the recession have been replaced
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jobs not so good. otherwise you would see gdp by 3 to 4%. neil: what do we have to look forward to? we know what the fed could do. people like mark cuban telling me earlier this week, politics and prospect of a donald trump who he insists he is not fan of trump like hillary clinton or looks good in the polls or for that matter wins election outright on november 8th, everything is going to tank, do you buy that. >> i don't buy that because we are still the tallest leprechaun in the world right now. you have 80% of german and japanese government issued debt that is negative right now. only place to go is the u.s. equity market. no matter who is going to be president, no matter how little you have incremental rate increases it is only place you can get yield. neil: amazing. good seeing you my friend. be well. >> glad you're back. neil: john layfield. you probably heard a lot of democrats are not too pleased
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with this talk that russia has been interfering with the elections and vladmir putin says not me, not my. now ash carter is warning russia to stay out of our elections outright. i think gary kaltbaum is essentially here to say, too late for that. after this. ♪ many people clean their dentures with toothpaste or plain water. and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dentists recommend cleaning with polident everyday. 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.
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russia but also make no mistake, we will defend our allies, the principle international order and positive future that it affords us. we will counter attempts to undermine our collective security and will not ignore attempts to interfere with our democratic process. neil: what ash carter is saying, russia, if you're trying to interfere in our elections and they're convinced that is exactly what they're doing. vladmir putin is condoning it, it better stop. but vladmir putin denies that is happening. so presumably that won't stop. gary kasparov on likelihood of russia continuing to make things rather troublesome ahead of our elections and right before the election. good to see you, my friend. >> thanks for inviting me. neil: what do you make of the charges first off, that putin is intimately involved in messing things up and trying to stick it to the democrats? >> putin is not even hiding it. he is getting more and more active not only in the united states but across europe.
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he has clear goes. neil: so he wants donald trump to win? >> he wants more chaos. he wants more instability. clearly trump serves his purpose. you look at putin's actions in europe, supporting "brexit," groups and by the way, ultraleft groups. any groups that can detablize the situation. he is all over the place. neil: things are going his way, right? >> pushing more refugees to weaken angela merkel, the core of coalition against putin's aggression. and, after so many years of the weak foreign policy of obama administration, putin believes that he could now to for the highest prize, to influence u.s. presidential elections. neil: the president, our president, dismissing putin saying essentially his economy is in tatters. what happened to energy complicated things for him. so there is a lot of bluster there, nothing else. what do you say? >> look, putin and obama have
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very comfortable relations. obama says whatever he wants to say. putin does whatever he wants to do. if you look at the map, look at the middle east, look at europe, for any observer putin is winning. obama keeps sending john kerry to the middle east and putin keeps sending tanks and jet fighters. obama retreated from some key parts of the geopolitical map. putin immediately filled the vacuum. putin is everywhere. without putin, obama doesn't see any solution of the problems america has been facing. neil: what do you make of donald trump saying very complimentary about vladmir putin. a better leader than our president. our democrats were all over trump on that, saying first of all not something you say, and b, it is, it is un-american to be complimenting the leader of another country which is leader of another country. >> it is not just another country.
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it's a country run by brutal dictator. and comparing u.s. president, i mean you can criticize him a lot. i've been doing it for many years. but he is, an elected president, and vladmir putin is a dictator who has destroyed -- neil: what do you make of that? >> i wanted to believe it just lack of taste but unfortunately combined with many other statements coming from donald trump, it shows that he just, he doesn't deappreciate between good and bad acting in politics. neil: i think what trump is saying, he commented on strong man part. thinks -- >> dictator is strong man by definition. saying he is strong leader means, trump, even indirectly supporting the messages that putin has been using to cling to power. neil: you know, republican presidents have largely been the
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ones who get detente going. democratic presidents, there is friction, not all the time but a lot of times. if donald trump became president, how would that go? >> it is unpredictable, you know and i, i am afraid that, you know this is definitely to be exploited by vladmir putin because, what we need now, and neither candidate can offer any comfort, restore the credibility of the oval office that has been badly damaged by obama's eight years in the white house. with hillary clinton, we'll get almost all the same. i think she will be better than obama on russia. very much personal. i believe she will be one-term president. there will be limited damage. limited damage. basically least favorite food four years. neil: who will be the next president? >> i'm saying what would happen. with donald trump it is highly unpredictable.
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it is like having a fresh drink, 50/50 chance of being poisoned. neil: there is that. gary, so good seeing you. traveling around like crazy. >> some day i hope we talk about positive agenda with american leadership, global leadership and about something that this country can do to change things for the better. neil: gary, best-selling author, gary kasparov, russian grandmaster. gives a lot of to kids. the 9/11 bill that allows victim's families to sue. it passed senate easily as well. only one problem. president of the united states says he will veto that. meet one victim family member that says, don't even think about it. but i can't imagine doing anything else. now that the train makes it easier to get here, the
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reporter: i'm jeff flock on the floor of the cme in chicago with your fox business brief. big news on oil as we speak. we're down you now at session lows. look at the intraday, crashing through the $46 mark. we're down $1.65. a big pullback today even though oil had been trending down the last three months if you take a look at the three-month chart. yesterday we had a huge run-up. biggest one-day gain in oil yesterday since april. in fact over the course of the past four days oil has been up 10% according to my calculations, up $4.46 in last
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neil: the house unanimously passing a bill today to allow families to sue foreign governments in the light of what happened certainly after 9/11. 9/11 widow terry strata supports that bill. very good to have you. terry, do you, or are you inclined to go ahead and sue saudi arabia? if you got this right? >> well, absolutely. i mean we have filed a lawsuit against saudi arabia in 2:00. it is a pending lawsuit and we are going forward with the lawsuit which al jasta would allow us to do. neil: the president says he will veto that. what do you think of that? >> look very careful at the language the senate passed in may and this is very good policy
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to pass this bill, so allow victims of 9/11 to justice and our day in court. there is no reason why we should be denied this. every other american has the right to sue people in a civil court system. why are the 9/11 families being denied this? we're hoping to encourage him to look at changes that were made. secretary clinton, she agrees with the bill. at this point, neil it, would be devastating to the families if you take away our hope for justice. i hope he is good man and will do the right thing and let the bill pass. neil: he turns around and said it would be damaging and devastating for future americans and their families because it would make them targets abroad. what do you think? >> i don't see how that could be absolutely true. that is so false. it will not put anybody at risk or threat around the world because we pass a bill holds saudi accountable for the pain
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and suffering they did to us on 9/11? that is just not true. neil: if the risk was there, and american personnel, or even tourists are targets because of this, a, you don't think that will happen and b, that is overstated? >> they can't be targets. this bill is very narrowly crafted to hold people that finance, aid and abet terrorists that kill americans on american soil. so if we were to reverse that, we don't fund terrorist organizations. we're not out killing innocent people. neil: but you're granting, opening prospect for them to do so regardless of that, you know what i mean? legal on and on. >> no. it is not. it is not. because it is so narrowly crafted to only hold you accountable if you aid or abet a terrorist attack on american soil that kills american citizens. we're not in international terrorism. we're not funding terrorist attacks across the world. so this bill will not have any
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effect on our tourists, on our military, on my family, your family. actually -- neil: i hear what you're saying. what they're saying your definition of is different what they might deem. if they have airstrike in an area, might deem that terrorist activity on our part financed by the united states and it will be attack on united states in response? >> airstrikes are not are not considered terrorism. that is not a terrorist organization out carrying out a terrorist attack. there is a difference. you can not hold someone accountable for an air strike. it is not the same. neil: i hear what you're saying but they will lie about the interpretation or start distinguishing that. real quickly on 15th anniversary of this, maybe this is getting decided on that anniversary, how do you look at this day? it has been 15 years. >> it's a horrible day. it is an absolute horrible day. i hate it when it is coming up.
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my children hate it. all the families hate it. it's sad. it's horrible. we have to remember what happened to our loved ones that day. we have to also now carry the burden that we're not allowed to pursue justice. i mean it's horrible. neil: now i had tom ridge here and others of that period. of course former homeland security secretary saying, we're still vulnerable, more than half of americans think that something even bigger than nine very much len could happen again -- 9/11 could happen again? >> absolutely. we want to pass jasta to hold financiers accountable and make them pay for what they did and stop the flow of money continues to terrorist organizations today. all this bill does is hold those types of people accountable. and absolutely should pass. like i said before, it is devastating if he takes that away from us. maybe the president needs to put himself in our shoes to say, how would he feel if his spouse or
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his children were burned death or ripped to shreds and brought home in pieces or never at all like my family? maybe he needs to do that and then say to us, yes you can have this bill because you do deserve justice. we are like every other american and he denying that to us if he vetoes the bill. please, mr. president, do the right thing. do not veto this bill. neil: terry, thank you very much. >> thank you very much. neil: more after this. ♪ across new york state, from long island to buffalo, from rochester to the hudson valley, from albany to utica, creative business incentives, infrastructure investment, university partnerships, and the lowest taxes in decades are creating a stronger economy and the right environment in new york state for business to thrive. let us help grow your company's tomorrow- today at business.ny.gov
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lizzie macdonald. you know these guys. the "bitter boomers." the movie is coming. >> china. >> could take a quarter point, so what. rate hike that the market wouldn't have a heave-ho? this is triple digit drop. eric rosengren, he was a dove, right? now he is turned hawkish with boston fed president. is it just a rate hike or something more going on here? service sector took a turn for the worse. manufacturing has been in the doldrums. people don't like to say the "r" word. i don't know how the boomers feel, hey we should be talking about the "r" word. >> i will surprise all you guys. surprise. sound like dr. evil there for a second. trump is right okay? first time i think i ever said that. he is right about this one issue. this is bubble economy. you just, just a whiff of a rate hike to this economy and this market and stuff goes down 300
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points. we are in a massive bubble. that is what it is. >> no, i could not agree more. neil: that is interesting. because you're going like this. >> really. this is crazy. how many times have these guys come up and said the next meeting we're going to hike rates and then back off? neil: well number always saves them, right? >> some cockamamie thing comes along, we can't do it now until we wait to the next time. now i'm sitting here and i'm saying, these are policymakers of our country and these guys have access to all the research. they don't know what to do. not like they're argue, should we raise rates from five to 10. figuring out one asparagus or two two asparagus. >> then you have china, right? >> china, we're letting china -- neil: charlie brady is it really worth 300 point selloff on a quarter point prospect of a hike? >> speaks to the extent which
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the market is so dependent on fred largess to stay afloat. live of a rate hike, maybe couple rate hikes. professionals have to be invested. steve, you know this, if you're in the market managing money you have to be invested. everyone knows there is bubble and it will pop and they're eyeing exits. you see people rushing for exits, there is massive selloff. neil: '89, '87. 2008. >> they were all bad. they were all bad. '87 -- neil: is this as bad? >> i think so. one piece of blew keeping this thing together, guess what? lower interest rates. if you have to raise rates -- neil: are they going to hike, real fast? >> no. they have to hike at least once, maybe twice. >> no and market goes up. before it goes down again. neil: the boomers have decided. you're welcome, america. remember here at ally, nothing stops us from doing right by our customers. who's with me? i'm in. i'm in. i'm in. i'm in.
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neil: markets don't like to get rates going. the reality is once they do they start moving up. for now, in the moment, cheryl casone he right now. cheryl: the market sold off. neil: that is not right. cheryl: good to see you back, have a great weekend. we have a lot going on, that selloff going on, dow down 299 points and we will keep you updated throughout the show and from politics to talk about, early voting in the presidential election is officially underway today on this day the market is down 300 points off of session lows. i am cheryl casone he in for trish reagan and welcome to "the intelligence report".
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