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tv   After the Bell  FOX Business  November 15, 2016 4:00pm-5:01pm EST

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nasdaq this year has had 74% win rate and over 80% win rate in technology companies. [closing bell rings] we're pleased with our performance. liz: here we go. nasdaq with a fabulous day, up 57 points. after a couple of down sessions. the dow makes it a fourth record in a row for the close. adena friedman from the nasdaq. congratulations and good luck to you. >> thank you very much. liz: send it to david and melissa for the closing bell. melissa: the dow setting a new record for the fourth straight session. i'm melissa francis. david: celebrations. i'm david asman this is "after the bell." we have you covered on the big market movers but here is what else we have for you this hour. president-elect donald trump whittling down his list of candidates for key cabinet positions. who is now in line for the top spots and who just voluntarily took themselves out of the running? you will be surprised. but sanctuary cities all over the country remaining defiant, determined to fight donald trump
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and protect illegal immigrants. we're going to tell you what they stand to lose in return. anti-trump protests continue for the seventh straight day. alveda king, dr. king joining us with her meggs for this divided nation. melissa: but first to the markets, the dow setting another record high for fourth day in a row. microsoft and chevron topping blue-chips. oil driving stocks higher with a major comeback. phil flynn, price futures group, fox business contributor. watching action from the cme. lori rothman is on the floor of the new york stock exchange and, lori, markets turning positive a little over an hour ago. what were some of the biggest movers have today? reporter: tech finally turned around, melissa. before the start of trading s&p technology index was down 3% postelection outcome. but that has changed today. looks like maybe some people thought maybe there was some buying opportunity there. let's unpack this a little bit for you starting with apple. news of apple they're coming out
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with wearable glass headsets that actually helped the stock gain as well. we saw some significant gaps up today for amazon, facebook, alphabet. once again stocks that were quite frankly hammered since the outcome of trump victory. let's go ahead look at advanced auto parts this was another big gainer. it was double digit percentages. look at that up almost 15%. the gain here with rally starting after the bell with stronger than expected earnings. on the other side of the coin you had the banks. financials some. biggest winners postelection and probably saw profit-taking today with wells fargo leading the decline down 1.2%. bank of america did manage to end in the green albeit slightly half hour of trading with a broader gain. david: lori, thank you very much. phil, oil partly driving the stock rally today. crude closing up more than 6% at the end of the day!
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5% at end of closing day. biggest one-day gain in seven months. what is behind the big comeback? >> incredible. it is about opec, dave, believe it or not. everybody wrote off the opec deal a couple weeks ago and said hey, there is no way they get this done. yesterday we heard a report, huge diplomatic push to get it done. now a report that the saudi oil minister is going to doha to meet with some other oil producers like iran and iraq. they have been ones against getting a deal done. they don't want to freeze production. they're considering a number they will freeze at. when that word got out this market absolutely exploded. it even helped gold a little bit, despite the fact that dollar at 11-month high, polled ended up creeping a little bit higher following oil. looks like oil raises all boats, dave. david: word of warning for opec. donald trump is going to unleash oil like we've never seen it unleashed before in this country. phil, thank you. melissa. melissa: leaked memo from trump
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transition team, shows the president-elect plans on hitting the ground running from day one in office starting process of reshaping and renegotiating america's trade, like nafta, shifting focus toward u.s. workers and companies. joining me with reaction, gary kaltbaum, kaltbaum capital management, fox news contributor and liz peek from the financial times. what is your reaction? >> trump made enormous issue of renegotiating the trade pacts and something american workers really responded to and voters really turned out to vote for. i think he had to do this. what hasn't been talked very much about, for example with the tpp, the asian pact obama was pushing which now appears to be dead, the truth is when the world bank did a study of that, showed malaysia, vietnam and japan were big winners in the trade agreement and united states was not. so trump isn't just making up the idea there are winners and losers that the u.s. has been disadvantaged. if you go through nafta and some
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of these other agreements we'll find that they can indeed be shaped to better help american workers. that is what he ran on. i think that is what he will have to do. melissa: it is true. he opened a lot of our eyes what really happened inside of these trade deals when so long we took the idea free trade was best way to go, looking more closely. gary, a classic reset. he set the timeline what he will do each day and what he expects. he is bringing to the table a very tough attitude. how much do you think he gets done and how ugly do you think it gets? >> i think he will get as much as possible done. look, he has got both houses and i think he is going to be tougho donald trump just be careful. a couple dudes named smooth and hawley in 1930 went a little too far. you ended up with a major trade war. we heard from china. they're not exactly happy. if everybody starts slapping tariffs on each other you end up in a trade war. if you want to stop the economy
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dead it ins tracks you will get it. i like what he is doing. all trade deals can be approved. he is definitely on side of america versus handing things over. take your time and make sure you know what you're doing. david: president-elect donald trump will take over during the longest but the weakest economic expansion since world war ii. so is trump going to take over an economy due for recession or one that is is poised to grow our economy at full steam? liz, some say you can't argue business cycles, we're due for recession but on other hand we've been pretty much been in recession for past seven years. maybe we're due for growth without recession? >> pretty much all the economic assumptions people had 10 years ago have been thrown overboard i would say. here is what we know. there is headwind ahead with rising interest rates. probably the fed will move to raise rates in december. that has been something that the, obviously low rates fueled a very ebullient stock market. very helpful for consumer
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spending. here is something else to keep in mind, the economy is operating 75% of the capacity. there is no upward ceiling on growth right now. obviously we have a lot of people, 95 million americans of workforce age are not working. david: right. >> so there is lots of labor, lots of capacity. if we push the right buttons we'll see some pretty good growth. david: gary, ain't for nothing that most americans feel we've been in recession for seven years. therefore it is time to grow without a recession. maybe they're not inevitable? >> well, look the fact of the matter is, we had subpar growth for eight years while central banks have been in zero president printing trillions. david: exactly. it hasn't worked. >> we should be at 10% growth. for me the bottom line is, if donald trump is going to come in and stop the growth of government and let businesses and consumer keep more money in their hands, that is going to be a boon to the economy and then we'll start getting above average growth. he needs to deliver. all we have had is headwinds for
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the last eight years out of d.c. now we're going to have tailwinds. i think that will be a huge, huge help. david: we're capable of so much more than we've had. >> much more. david: gary, good stuff. thank you both. melissa? melissa: donald trump campaigned aggressive against ford and other auto manufacturers exporting jobs out to mexico. jeff flock caught up with ford ceo mark fields at the l.a. auto show. last month fields told maria bartiromo that ford may have to rethink the mexican production under president trump. what did he say about that today? reporter: he said he rethought it and it will go forward as planned. no change to the plan to move small car production to mexico. of course that's all anybody wanted to talk to mark fields about. he is still back there behind me in that chair. you can maybe see his back. still answering questions from various members of the media on this topic. i asked him about the whole way the campaign went. ford suggested it hadn't been that fair the way this shook out. here is what he had to say.
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do you feel like you got a raw deal there? >> listen, the election is over. listent end of the day i think rd should be held up as an example, a company always innovating. a company that didn't take taxpayers assistance. a company always looking towards the future and how we support our home market. we'll continue to do that going forward. reporter: he said he is confident that, you know, the right policies, good policies will prevail. he points out ford has invested billions of dollars in u.s. facilities, has created thousands of u.s. jobs over course past few years. he makes a very important point, no jobs will be lost as a result of relocation. you say how will that happen? they are bringing two new vehicles to the plant essentially taking to mexico. they keep the plant open and employ workers. though he would not confirm it is wildly believed the two vehicles will be for the ranger
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and the ford bronco which is a blast from the past. last made in the u.s. in 1996. last ford ranger to roll off the production line here several years ago as well. those will keep the jobs there of the he is hopeful he can reach accommodation with donald trump. melissa: we'll see. he is a deal maker. there you go. jeff, thank you for that. david: sure is a deal maker, man, i can't wait. melissa: total reset on everything. david: rhetoric versus reality. there is a lot of that boeing on. president obama says president-elect trump will not scrap the iran nuclear deal once he sees how it is working but is it working? we'll look into that. melissa: mayors across the country vowing to defend sanctuary cities against donald trump's deportation plan. what the cities may lose as a result. david: donald trump's transition team is narrowing its list of candidate for key cabinet positions. one man voluntarily taken himself out of the running. herman cain is here joining us with his take on all surprising turn of events and remaining contenders.
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>> first of all i won't be attorney general. >> you won't be attorney general? >> good, i won't have to decide that one, thank god. >> make that clear. choice for secretary of state in a trump administration is down to rudolph rudy giuliani and john bolton. we don't have john bolton here tonight. so i will ask you questions. >> john would be a very good choice. >> is there anybody better? >> maybe me, i don't know. [laughter] david: he wants that job. president-elect trump meeting with future vice president mike pence to go over some cabinet picks for new administration. speculation over potential
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picks, former mayor rudy giuliani, they all continue to swirl all these questions who is right for which position. here to weigh in, herman cain, former republican presidential candidate and fox news contributor. good friend. good to see you, herman. >> thanks a lot, david, happy to be with you. david: let's talk about somebody else, steve bannon. >> yes. david: head of "breitbart," came in helped trump win presidency with pretty good advice. trump wants him on inside but a lot of people are talking dirt about the guy. i think right now senator harry reid is on the senate floor, maybe we can show that picture. this is a live shot of harry reid. he is calling the guy a white supremacist. i know steve bannon, i know he is not a white supremacist. that is rhetoric coming out of this guy's mouth. what do you think trump should do about that? >> i'm a black guy and i know steve bannon is not a white sue prem civil. i know steve bannon, okay?
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as you indicated he helped to engineer a presidential win. start from there. harry reid and nancy pelosi and liberals, they don't want to start from steve bannon helping to engineer a presidential win. they want to go back and pull out old dirt that is irrelevant. all of this attack on steve bannon is because they have nothing else to try and slow trump down. let me tell you the other most stupid thing that i saw just before i went on your show. democrats are asking trump to fire steve bannon. are they nuts? that is just outright stupid! david: right. >> they don't understand, first of all, leadership, and they don't understand donald trump. he is not going to fire steve bannon. david: i think you're right. i think donald trump is going to listen to you. by the way, i'm wondering why dr. carson took himself out of the running? i thought he wanted a position in the cabinet.
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health and human services or, surgeon general or something like that. why do you think he took himself out? >> well, it might be, taking a cabinet position is a lot of work, okay? maybe he didn't want to do that and he wanted to continue his own venture of delving into education. he has a great foundation going relative to education. but -- david: that's true. >> don't rule it out yet. david: yeah. >> he may have taken himself out of consideration but if he is asked, he might reconsider because he is interested in serving the country. david: yes he is. >> it may not be over yet but just -- david: working long hours. the guy has worked 16 hours on one operation alone. >> exactly. david: what about rudy giuliani? we are as we get word of more anti-trump protests, i want to talk about america's mayor, rudy giuliani and why would he say no to the attorney general job, if anybody is perfectly suited to be the law and order
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guy in this country it is rudy giuliani? >> well, this is only my speculation because of my business experience. he may know that job and requirements so well, that he knows how hard it is going to be and maybe he is not inspired to do that job. he might be more inspired to do a job where he brings outside experiences. here's the analogy. when i was running some of the companies that i was running, i would sometimes take the vice president of operations and put them in charge of marketing. take the vice president of marketing put them in charge of operations. guess what? both organizations flourished because they brought a different perspective. rudy giuliani would bring a different perspective to the state department that it might need. so i don't think this is out of the realm of a possibility. david: okay. >> and i believe it makes a lot of sense. david: all right. got such a strong track record in law and order. >> oh, yeah. david: very quickly on the demonstrations around the country, your thought? >> my thoughts are the
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demonstratio are funded and unfounded. these are the same people that wanted donald trump to respect the results. now they are showing their hypocrisy on steroids. respect the results. even president obama said donald trump is the 45th president of the united states. it is funded, we know that but unfounded. like a toddler pitching a fit in the floor, let them cry it out, kick and scream and they will eventually get over it. david: herman cain, i'm sure he is a good father as well as good businessman. >> i raised two great kids letting them cry it out! [laughter]. melissa: amen to that. let them sit there and do their thing. they want a reaction. don't give them to it. it is perfect. top priority for the trump administration. president-elect donald trump planning to focus the initial foreign policy strategy on one specific area. we'll let you know what that is. trump vowing to repeal and
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replace obamacare, but is leaving the door open to keeping certain parts of the law? james freeman of "the wall street journal" weighs in next. >> you made up the fact that obamacare has caused job loss. there is no evidence. you made up the fact -- >> there is 100% evidence. all i need are tennessee yes, sir to come on this show-and-tell me that is the reason and that it -- >> who cares if some ceo comes on the show. >> wares? ♪ [vo] is it a force of nature? or a sales event?
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melissa: president-elect donald trump laying out his agenda. trump planning to tackle three main policy issues during the first 100 days in office. there is one though that is taking top billing. >> what will be number one? >> obamacare. have to repeal and replace obamacare. we've already started working with the hill allies to get that moving. melissa: there you go. here now is james freeman of "the wall street journal" he said what he will do first. president obama saying yesterday, this is easy, holy
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grail for republicans but it is very hard to he replace it. you can't leave all the people without insurance. first of all, do you believe that they can simultaneously do the quick switch? >> well i think a lot of things could be changed pretty quickly. i think trump, you have seen he is saying i don't want to leave people with nothing for some period of years. melissa: right. >> he understands they're not going to do repeal and replacement to come later but, you can do a lot of things right away. i think it goes to basically just shifting control from washington to consumers. getting rid of the mandates. getting rid of government deciding what goes in an insurance product. this could change pretty quickly. melissa: went to the website. did a deep dive on some of the things he is talking about. expanding the health care savings account which makes a lot of sepses to me. 2900 right now. my deductible is 6,000. there is something that would make people's lives easier. selling insurance across state lines, is this a good idea?
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>> it is and talk about it a lot. you can only get real power of that idea if you let states decide what insurance is. in other words, what obamacare did, it told insurance companies and states everything that has to be in an insurance product. if you really want to have a market, you need wyoming or somebody to be able to offer a bare bones product while maybe new jersey wants to go for more comprehensive product. that is how you get a real market going. melissa: that is the real challenge, because that is one of the things in there. dr. ezekiel manuel on "fox & friends" yesterday talking about one. main at the time nets. get reaction. >> you can not have people with preexisting conditions and getting insurance and getting reasonable rate without a mandate and getting everyone in the system. it just doesn't work. melissa: what do you think about that? >> it didn't work under obamacare either. why did it not work? they allowed people to essentially buy coverage on the way to the hospital. melissa: right. >> trump is going to take care
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of people with preexisting conditions but you are not getting everyone into a program if they can buy anytime they want. if they essentially have free insurance anytime. melissa: so what is the solution? >> i think the solution is that, this is where i think in a lot of these things, subsidies are not necessarily going away. it is just that we are going to get to spend the money instead of bureaucrats in washington deciding it. along the lines of what you're saying, the government is going probably to give people tax credits, vouchers, when they need to buy care but what that care is going to be determined by the individual. melissa: make sense for people with preeing conditions they can't be denied insurance but they have to pay more? >> like i said i don't think subsidies are going away. if you want real reform, why is it that education and health care are the two industries grown so much farcer than anything else for decades? because government is involved in the financing.
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if you got rid of subsidies price was get more reasonable. i don't think that is where they're going. more choice for the consumer will be a big plus. melissa: thank you. david. david: whatever happens to the obamacare, the rally continues. call it the trump rally. the dow ending at new record close for the fourth straight day and 13th record for the year. we're less than 80 points away from quite a milestone, dow 19,000. could 20,000 be far behind? melissa. melissa: protesters and students walk out, continue across the country today. coming across the country we'll speak to alveda king the niece of martin luther king, jr., for all of this. david: sanctuary cities are preparing to stand up to president-elect donald trump but at what cost?
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♪ how else do you think he gets around so fast? take the reins this holiday and get the mercedes-benz you've always wanted during the winter event. now lease the 2017 gle350 for $579 a month at your local mercedes-benz dealer. >> we will end the sanctuary cities that have resulted in so many needless deaths. cities that refuse to cooperate with federal authorities will not receive taxpayer dollars. david: wow, there you go. donald trump making it absolutely crystal clear on the campaign trail that dealing with sanctuary cities will become a top priority of his administration. but now that he has been elected some sanctuary city mayors remain defiant. take a listen.
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>> you're not going to sacrifice a half million people who live among us, who are part of our community. >> to be clear about what chicago is, it always will be, a sanctuary city. david: so who is right and who is going to win this fight? here is steve murphy, democratic strategist. julie grace, daily caller news foundation. julie grace, you know who is already lost on this, kate steinle and kate steinle's family. there are people who have been killed as a result of sanctuary cities preventing criminals from being sent back where they should go after they have been tried, convicted of crimes and sanctuary cities give them sanctuary they don't deserve. she died as result of one of those individuals. doesn't this have to stop? >> absolutely and i think that gop lawmakers are definitely in a place where they're going to do as much as they can to prevent this from happening and i think that, it is really
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telling that someone like rahm emanuel bill de blasio they will not work with the trump administration on this issue or any coming forward. david: yeah. >> it is, it will be interesting to see how it turns out but i think with a republican in the white house and both chambers about of congress, it is going to be something that they're going to have to learn to deal with. david: steve, donald trump is not going to forget this issue. he will press this issue home and the problem with sanctuary issues, which i think he laid out or at least beginning to more clearly, is that you can't sort out the criminals like the one who killed kate steinle and d.r.e.a.m.ers who are not a threat to the community. there that the is problem with sank wear i city. i don't think that. >> i don't think that is accurate at all. david: david: ask kate steinle's family. >>ins can not deport anybody
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they want to. david: are you not familiar with kate steinle. steve, i tried to do exactly that with mr. lopez sanchez and sanctuary city he was living in, san francisco, refused to let that happen. they let him go without honoring i.c.e.'s request and julie, grace, that is the thing. mayor, american not defy a request, specific request from the federal authorities but that is exactly what sanctuary cities are doing. >> i mean clearly the current policies are not working and something needs to be done about it. what we'll see with a trump administration similar to what we saw with elizabeth dole's push back in the reagan administration to move the drinking age up to 21 by, attaching federal funding, incentivizing cities to get behind federal law. this is national issue. this isn't a state issue. i think it is something they will need to deal with. david: steve, crime around the country is national issue.
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to hear rahm emanuel, rahm emanuel is mayor of a city that has one of the most extraordinarily violent outbreaks of crime of any city in american history. for him to talk about sanctuary cities as being more viable than getting the criminals who they harbor, to me seems like a political liability. isn't he afraid of his future politically? >> sanctuary cities, getting rid of sanctuary cities would make crime worse. when you're asking everybody, police come in contact what their immigration status is, they won't report crimes unless they're documented immigrants. >> that is insane argument. david: i'm stunned into silence because kate steinle was clearly murdered as a result of sanctuary cities. they harbored a criminal who eventually killed this woman. he had five times he was deported. five times the last time, i.c.e. said get rid of the guy. send him to us. we will take him back to mexico. they let him go.
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we have to leave it at that we've run out of time. steve and julie grace. seems like a clear issue but that is me. melissa: top priority under president collect trump. trump's initial foreign policy strategy will be destroying isis. according to former mayor giuliani. listen. >> isis short term, i believe, is our greatest danger and not because of isis in, in iraq and in syria but because isis did something al qaeda never did. isis was able to spread itself around the world. melissa: so is he right? chris harmer institute for study of war, senior naval analyst. what do you think about that? >> i agree with mayor giuliani, our top foreign policy should be destroying isis. should be odd that the incoming president should clarify that to the american people. outgoing president huge
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differenttation about his rhett tick, defeat and destroy isis, reality of policy was containment. there is nothing wrong with containment as policy. we practice containment against north korea, iran and soviet union for most of the cold war. if our policy of isis is containment then the president should say that mayor giuliani says the policy is of containment but we should change it to destroys isis. melissa: he said give me a plan that we'll execute on. is that doable? >> absolutely. generals don't mead more than 24 hours. the plans are on the pentagon. lower mid-grade action officers like myself in the pentagon, we spent a lot of time going through plans and contingency plans. i know central command in tampa, florida, and those in the middle east, these guys have plenty of plans we have been implement on fairly short notice. the real question whether or not real sourcing or policy support will be there.
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it will be expensive to roll out more troops, more aircraft, more sorties, generate more action against isis. so we'll probably have to get a supplement appropriation from congress. ultimately your budget is the policy. right now the budget support for war against isis is not adequate to defeat and destroy it. melissa: meanwhile president-elect trump is unlikely to pull the u.s. out of the iran deal according to president obama because he says quote, the deal is working. listen. >> more difficult to undo something that is working than undo something that isn't working and, when you're not responsible for it, i think you can call it a terrible deal. melissa: chris, he says again and again they have not violated the deal and that he has stopped them from getting a nuclear weapon. is there concrete evidence to the contrary? >> yes, absolutely. look, the international atomic
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energy agency and other international agencies have reported that iran has exceeded their allocation of heavy water. melissa: right. >> there are different ways you can obtain nuclear weapons, plutonium, uranium, heavy water. there are different ways. they have to have a specific amount. iran has more than that obama administration is not ready to say that is one of the violation of the agreement. they have many violation of the agreement. development of intercontinental ballistic missiles. there are lot of things that they are doing they're not supposed to be doing. they violated letter and intent of the nuke deal. i think the deal will collapse of its own weight and hypocrisy of iranians not following deal they agreed to. melissa: chris harmer, always great, thank you. >> thank you. david: running the trump organization. the president-elect must decide to do with a business that made himself famous. >> if i become president i couldn't care less about my company. it is peanuts. i have ivanka and eric and don
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sitting there. run the company, kids. have a good time. i will do it for america.
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david: breaking news we're hearing about donald trump looking to change all u.s. trade deals on day one. we're getting video of president gw bush, on importance of his mind of trade deals at bush center in dallas earlier today. >> trade is beneficial. it's beneficial to those who work on a regular basis. here is one way to look at it. america's 5% of the world's population. in other words there is 95% of consumers outside of our borders who, if given a chance might buy american goods and services. in other words we live in global world. if i were a worker i would want
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to make sure that something i made had a chance to be bought, you know, somewhere else. david: president bush also touting the merits of trade on u.s. small businesses, wages and consumer prices as well. melissa. melissa: looking for conflicts of interest. the media seizing upon a false report. it was not true, of a security clearance for president-elect donald trump's children. this is just the beginning, my friends. trump's three adult children will be taking over the trump organization come january and critics are questioning if this can be done legally. here now is meredith mcgee, campaign legal center and charles or ortel, financial whistle-blower. meredith, you highlight problems trump family and donald trump could get into trying to go forward. he said i'm going to put business in blind trust. the kids will manage it. i have nothing to do it. you suggest he sell his interest
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in the company for a couple reasons. why? >> for a couple reasons. this takes it off the table. he doesn't need this distraction. he has a big job ahead in any case. he needs to bring the country together. he needs to make sure the people who did not vote for him at least can have some modicum of trust about motivations behind his actions and actions of his company through his children. melissa: yeah. >> but there is also a question too of, he is the legal owner of this business. if the business is by some happenstance ran afoul of the law or had dealings with foreign businesses he could actually find himself in legal trouble even though he was not the one actually running the business. melissa: yeah. >> so it is actually both for his protection as well as obviously trying to build public confidence in the motivations behind these decisions. melissa: you know, charles, you and i talked about the fact with the clinton foundation was just wrought with all kinds of problems and ultimately some people said that is one of the main reasons they couldn't vote for her.
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they saw corruption in there. we would not have been satisfied had they said they would turn the whole thing over to chelsea and have nothing to do with it. what about the idea of putting independent auditor in place, somebody already doesn't like the trumps? what about elizabeth warren type? you say that this person will do audits all the time of the business dealings and make sure that it is in compliance? that is not a bad idea, what do you think? it is my idea, remember. >> i will remember it is idea and forgive the suggestion that elizabeth warren should look anything having to do with business. melissa: i said liz beg lauren, lauren -- elizabeth warren type. >> a blind trust where mr. trump puts all assets to the blind trust and trustees independentpily decide whatever assets to purchase them. involving children in the mix is problematic for many reasons. it is also problem mat if they will be actively involved now
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through the transition. so there is procedure here. i think he need more than just independent auditor. i think you need actually trustees, really overseeing these assets. melissa: but, meredith, is that fair? it is all of these children's career. you know, i mean they aren't figureheads in this company. they really run it. they have poured their life into it. they are not the ones elected. they're adults, but at same time anytime he makes a deal with scotland, he has property there, everyone will be looking at it, saying are you benefiting them? are you tampering with currency to benefit your children? >> exactly. you hit the nail on the head. this is a headache that our country nor does president-elect donald trump need. i think charles is absolutely right. look the best answer is one of two options, a blind trust, or divestment. i would note that has been the standard practice for decades here. now, the american people understood that donald trump is
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a businessman and so we have to start with that as the basis. now the question is, when you run for the most powerful office not only in the land here but in the world, how do you insure that the appropriate protections are in place, both for the president-elect and for the country? so certainly i think the question of the foreign holdings is the most troubling. a blind trust with an independent person running that trust is by far the best answer. melissa: yeah. >> if he doesn't do that, certainly selling the interests but, i have to say, melissa, i'm not a big fan of your independent auditor. melissa: okay. >> i think there are other mechanisms that are proven. melissa: thank you both. so thoughtful. thank you. i hope you will come back. thank you. >> thank you. david: i like the idea. i just don't like liz warren heading it up. melissa: my idea was a dud. i will embrace that. david: growing unrest in america. seven days since the election.
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and $0 copays for tier 1 prescription drugs when filling at any of the more than 8,000 walgreens nationwide. call unitedhealthcare today to learn more about your prescription drug options and find the plan that's right for you. ♪ david: deeply divided nation. it has been a week since donald trump's election shocked the country, sparked massive protest over the country although some overblown no doubt. students leading new wave of demonstrations against the president-elect. here is alveda king, the niece of martin luther king, jr. she is also a fox news contributor. dr. king, great to see you. what do you make of the protests? >> david, i believe that there is unrest in the country and some people just want some solutions, they want to know what to do. as long as the demonstrations
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remain peaceful and non-violent, that won't be a problem but the violence does have to cease. david: yeah, we were looking at video of one of the violent confrontations. not many of them have become violent. this one is in portland, oregon. who do you think is behind isn't because some of the groups affiliated with it were same ones doing occupy wall street. those were funded by george soros. do you think it is organized or is it spontaneous? >> some of that is still organized, but i have a quote from my uncle, dr. martin luther king, jr., and he said, if you succumb to the temptation of using violence in the struggle, unborn generations will be recipients of a long and desolate night of bitterness and chief legacy of the future will be endless reign of meaningless chaos. david: wow. >> i don't think anybody wants that. we have to think about the generations to come. so i do think many so of that is
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still motivated and generated on purpose but i believe that if we begin to unify, work together, to sec peaceful non-violent solutions we're going to do better. david: dr. king, we have had a long, desolate night of bittersness to quote your uncle over past seven years. we had a black man elected president and it was wonderful demonstration of america's openness. rather than getting better, people like al sharpton went to the white house 80 times. he doesn't seem to be a uniter to my. he seems to be a divider. "black lives matter" brought into the white house, et cetera. what does donald trump do now to bring people together? >> well you know i'm born into a family of preachers. my dad, ab king, granddaddy king, martin luther king, jr. i want mr. trump to remember, that many people who voted for him took a long time praying for him and if he can take some of that divine guidance, that is going to help him out. we do need unity.
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and from my perspective, as a preacher a as minister myself, god has not forgotten america. so if mr. trump can remember that, i believe that he can take some positive steps towards the unity. david: now, it seems like you really think prayer had a decisive role in this election? >> i know for sure that people were praying much more than many of us have ever prayed. there was a six 16-hour prayer vigil on election day from 8:00 a.m. to midnight. i was part of that group. we prayed across america that god would hear us and unite and heal our land. many of us not looking necessarily to mr. trump though, we're praying for mr. trump but we're trying to be back to in god we trust. that is with we're looking for. david: dr. alveda king, great to see you as always, doctor. thank you very much for coming back and seeing us. >> thanks for the opportunity. david: i appreciate it. anytime. one air force veteran had enough of these protesters and
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he has taken to social media to give them a piece of his mind in a video that has gone viral in the best sense of the word. here is a taste. >> you causing all this destruction just because you're candidate lost. see that is the problem with this country. you cannot always get your way. when it comes to healthcare, seconds can mean the difference between life and death. for partners in health, time is life. 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. whfight back fastts, with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source.
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david: air force veteranne alec andyer is becoming. >> everyone wants to be politically correct, quit being crybabie you done earn anything, none of you put on a uniform but you are quick to disrepresent the flag, not wanting to say the pledge of allegiance, you don't recognize the bible, but you want everything, yo didn't
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fight for anything, but you want it. david: it hit accord for many out there. thank you for letting us into your home, "risk & reward" starts right now.dent-elect trup digging his cabinet. mike pence helping out, a source told us went next 48 hours you could see the top positions filled. the names have played. this as criticism mounts, dr. ben carson says no to a ca cabinet post. we have senator john mccain weighing in saying no to any reset are vladimir putin. i

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