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tv   After the Bell  FOX Business  December 16, 2016 4:00pm-5:01pm EST

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has been very explicit about what he cares about and what he believes in. and so it's not in my hands now. it's up to them. >> what about long term about the electoral college? >> long term with respect to the electoral college, the electoral college is a vestige, it's a carryover from an earlier vision of how our federal government was going to work that put a lot of premium on states. and it used to be that the senate was not elected directly, it was through state legislatures. it's the same type of thinking that gives wyoming two senators with about half a million people and california with 33 million get the same two. so there's, there are some
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structures in our political system as envisioned by the founders that sometimes are going to disadvantage democrats. the truth of the matter is that if we have a strong message, if we're speaking to what the american people care about, typically the popular vote and the electoral college vote will align. and i guess, i guess part of my overall message here as i leave for the holidays is that if we look for one explanation or one silver bullet or one easy fix for our politics, then we're
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probably going to be disappointed. there are just a lot of factors in what's happened not just over the last few months, but over the last decade that has made both politics and governance more challenging. and i think everybodies has raised legitimate questions and legitimate concerns. i do hope we all take some time, take a breath -- that's certainly what i'm going to advise democrats -- to just reflect a little bit more about how can we, how can we get to a place where people are focused on working together based on at least some common set of facts, how can we have a conversation about policy that doesn't
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demonize each other, how can we channel what i think is the basic decency and goodness of the american people so it reflects itself in our politics as opposed to it being so polarized and so nasty that in some cases you have voters and elected officials who have more confidence and faith in a foreign adversary than they have in their neighbors. you know? and those go to some bigger issues. you know, how is it that we have some voters or some elected officials who think that michelle obama's healthy eating initiative, you know, school
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nutrition program is a greater threat to democracy than, you know, our government going after the press if they're issuing a story they don't like. all right? i mean, that's, that's an issue that i think, you know, we've got to wrestle with. and we will. you know, people have asked me how do you feel after the election and so forth, and i say, well, look, this is a clarifying moment. it's a useful reminder that voting counts, politics counts, what the president-elect is going to be doing is going to be very different than what i was doing, and i think people will be able to compare and contrast and make judgments about what worked for the american people.
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and i hope that building off the progress we've made that what the president-elect is proposing works. what i can say with confidence is that what we've done works. that i can prove. i can show you where we were in 2008, and i can show you where we are now, and you can't argue that we're not better off. we are. and for that, i thank the american people. and more importantly, i thank -- well, not more importantly, as importantly, i was going to say josh earnest for doing such a great job. [laughter] no, for that i thank the american people, i thank the men and women in uniform to -- who
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serve. i will tell you when iç was dog my last christmas party photo line, many of you have participated in this, their pretty long. [laughter] right at the end of the line, the president's marine corps band comes in, those who have been performing, and i take a picture with them. and it was the last time that i was going to take a picture with my marine corps band after an event, and i got a little choked up. now, i was in front of marines, so i had to, like, tamp it down. but it was just one small example of all the people who have contributed to our success. i'm responsible for where we've screwed up. the successes are widely shared with all the amazing people who have been part of this administration, okay? thank you, everybody. [speaking in native tongue]
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[laughter] shepard: i guess that's hawaiian, right? >> that's right. that's see you later. david: this was the last presidential press conference of the obama era -- melissa: we think. david: it was a very long press conference. melissa: sure was. david: the answer to just the first question alone was over 20 minutes by my count. i may be wrong. he had a lot to deal with, of course, the questions about russian hacking in the election, whether it happened. he said it did happen, he wouldn't say whether it was in order to help a particular candidate, but he said we have to wait for the final report to come out before he leaves office. melissa: yeah, absolutely. all right. well, we'll see if we see another one of those, but peter barnes is standing by at the white house with the latest. peter, what was your takeaway there? >> reporter: hey, melissa and david, i agree with you. obviously, this press conference was dominated by the questions around the russian hacking and how and whether it influenced the outcome of the election and helped to, helped donald trump
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to beat hillary clinton. the president defending his intelligence agencies that have said that it was the russians. he said that he had great confidence in the assessment from his intelligence investigators that the russians caused the hack. and he also disclosed that he confronted russian president vladimir putin directly about this in september at the meeting of the g20 nations in china, which was an interesting insight. he said that after that, that the hacking subsided, so he felt that it had, that the confrontation, that direct discussion with putin had been effective. but he also said he did not want to -- he didn't talk more about it or his investigators, his agencies did not talk more about this and the russians during the election, he said, because he didn't want to turn the issue into a political football. back to you.
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melissa: interesting. peter barnes, thank you. here to react, noel, jessica, democratic pollster and strategist, jessica, there was like a very brief "kumbaya" time here where it seemed like president obama and donald trump, very nice to each other. it was going along smoothly, we were kind of coming together, and then now it's gotten all contentious again. >> yeah. it definitely felt like a continuation of "the twilight zone" which began with donald trump winning the presidency for those of us on the heft. [laughter] i understand concern on the left. i understand. i was wondering how long it was going to last. i was very impressed with how president obama handled it at first, because we know he felt very passionately about his legacy and the role that hillary clinton's presidency would play in cementing that legacy -- melissa: and now not so much. >> and a huge letdown. melissa: yeah. >> we'll see where it goes. i think when he's on vacation, he's really going to be on vacation, and we'll see what
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happens in the last 20 days before inauguration. i think that the accusations of russian hacking have played an integral part in the change in that tone. now we have the cia and the fbi both agreeing here that the russians tried to -- melissa: well, that's what the report says. i know, but what i was going to say was, noel, i was listening to chris wallace this morning talking about having josh earnest go out there to his post and be very snarky and say, you know, that there is ample evidence that donald trump knew that it was vladimir putin interceding directly on his behalf and instructed him to do so. and we got back into this whole rather than wanting to get to the bottom of what went on here, which i would hope -- i know i'm interested in, i hope everybody would be interested in it. we went back to this idea of the finger pointing, donald trump knew, he was -- i don't know. i mean, we've kind of broken down from there. how do we repair it? >> well, i think as far as how
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do we repair it, you're talking about the united states and donald trump going forward. i think that what you're seeing is donald trump trying to make up for the, quote-unquote, you know, when obama got to be president, his apology tour. i think that what you're seeing from the obama administration is a little bit of probably shock that everything that they've put together from affordable care act to, you know, their different foreign policies are about to be ripped to shreds. and it's happening very fast. i mean, this is not a slow introduction, so to speak, this is happening fast. the appointments are fast, the appointments are pretty radical. they're very common sense-oriented, so a lot of people don't have anything to say about it -- [laughter] but it is fast, and it is what donald trump promised to do. >> i would love noelle -- not that i'm trying to play host, but please expound on how these posts are finish. >> okay, wilbur ross. melissa: going on about energy, he ran -- [inaudible conversations]
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>> he wants to abolish the department. melissa: i mean, i covered energy for a long time, i'm not sure it doesn't make sense to abolish that department. there are a lot of people that feel that way, that it feels common sense. i understand it doesn't feel like common sense to you, but i think of maybe that's a lot of what this election was about, what is common sense to one side and to the other -- >> that's absolutely right. >> these things don't intersect, right? >> we'll get there one day. and i think that donald trump because he really just wants to be loved and to win, as he says, we're going to be -- [laughter] i'm hopeful that he'll make some smart decisions and work with democrats. he and chuck schumer have a much better relationship than he would have had with harry reid, so i'm hopeful about that moving forward, but i just want to say -- melissa: it was interesting to hear president obama talk about how much better the economy is and how much better everyone is off and how much improvement, you know, he has fostered when one of the big reasons why donald trump won the election is because a lot of people feel like the economy has left them
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behind. so it's interesting to hear that, again, it's like he still very much believes it. don't you think? >> absolutely. obviously, he's drinking his own kool-aid, he does believe it. but look at what the market did when donald trump won, and it's still going up. you know, you've got to look at everything that's happening at hand, and i really feel like back to my other point, obama and a lot of his administration think that -- they're in shock. and all the work they think they've done to better the company -- in some people's view, maybe they have -- but it's all going to be revamped, done away with, and it's going to be done the trump way. melissa: that is agonizing. right? [laughter] >> i feel total and utter agony every day, actually, in fact. and i'd like to add that the stock market more than doubled, almost tripled under president obama. so i understand there's been a trump bounce, which he even bragged about to the tech titans. but president obama played a big role in the beginnings of this recovery. and i hope that we have continued success.
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but don't discount what he did and push itç aside. it's been eight years it took us out of recession. slower recovery, yes, but we have seen wages rise. we know people -- [inaudible] >> if it were that great, then hillary would have won. >> no, there's -- >> it's a continuation of obama's policies. melissa: all right. i mean, there's so much love on this set -- [laughter] >> no, no, there actually is. i promise. [laughter] melissa: okay. i'm going to -- we're going to pull the plug there, david. david: wow. wow. i couldn't help but being a cheerleader on the side of that argument. all right. i won't say which side. china seizing a u.s. drone in international waters. that sent markets lower, almost immediate. we're going to get you more on a very aggressive move and how the u.s. should respond. melissa: plus, a last ditch attempt ahead of monday's vote. members of the electoral college under pressure to change their minds and not vote for donald trump. one republican in the electoral college says he's gotten this letter -- this box full of
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letters telling him to vote for anyone else. he'll show us some of them coming up. ♪ ♪
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melissa: take a look at this. if dow turning negative this afternoon -- the dow turning negative this afternoon about the same time we got news a chinese warship had seized a u.s. unmanned underwater drone in the south south china sea. according to pentagon officials, the incident occurred yesterday approximately 40 miles west of the philippines as the american crew watched about a quarter of a mile away. for days the chinese had been shadowing the u.s. ocean graphics ship which deployed the research drone worth roughly $150,000. boy, that must be one nice drone. david: pretty aggressive
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behavior. meanwhile, the dow ending about eight points. it was positive for the week, but it really turned around with this china incident. once that got enough exposure. oil to was higher on the news. phil flynn is watching the action from the cme, trader tim anderson joining us from the floor of the new york stock exchange. so, tim, let's start with the drone incident with china. that seemed to be the catalyst. i mean, the market was not going great guns, but it did pull back on the news. am i right on that? >> yeah, it did a little bit. we got a little bit of a reaction off those headlines. i really think that by the end of the day the breadth is pretty much unchanged, up volume, down volume's about even. and really with the halt in the sharp move up in the dollar, it's pretty much a consolidation day on a lot of the very sharp gains that we've had over the last couple of weeks. the transports significantly underperformed. maybe even the bigger news out of china is they have continued
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to be a large seller of u.s. treasuries and are now third behind japan in the holder of u.s. treasuries. i don't really think that's a statement anything other than maybe a market call on their part. certainly, i don't -- i think most people are in consensus that rates are going to continue to edge a little bit higher, and i don't even think that they're being a large seller of treasuries is an alarming piece of news. david: okay, all right. very interesting. tim, thank you very much. well, phil, oil was surging today. it ended up about 2%, about $52. that seems to be related somewhat to concerns over china, no? >> absolutely. in fact, if you look at when that story broke across the wires, oil started to rally. there were other reasons to oil to rally, don't get me wrong. we have cold temperatures. i spoke to somebody down in texas, and they were saying they have to shut in their oil production because it's going to
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be too cold. and so there was other issues. but it was definitely a catalyst that moved this higher. why does oil move on stuff like this, dave? you know when there's geopolitical risks and rising tensions in the world, there's always a concern it can disrupt supply. china, of course, has been seeing rising tensions with these areas. there's even talk the reason why the drone is there is because there's military things going there. so, yeah. but i think donald trump could have got that drone for $100,000. [laughter] david: you're probably right. colonel ralph peters is going to be on later to talk about what went on in china. phil, thank you very much. melissa: president obama is giving you every reason to love the economy right now. >> as i was preparing to take office, the unemployment rate was on its way to 10%. today it's at 4.6%, the lowest in nearly a decade. we've seen the longest streak of job growth on record, and wages have grown faster over the past few years than at any time in the pastç 40. the stock market has nearly
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tripled. since i signed obamacare into law. melissa: but americans are saying, not so fast. nearly one in three saying their financial situation has not become any better since president took office. this is according to the latest fox news poll. joining us now for reaction is barrons' senior editor jack howe and kevin kelly of recon capital partners. this is the thing about economics, though, is that you can pull a statistic out of anywhere in there to prove whatever case you want, right? >> yeah. look at the people who think they're the same. that's a big number. it's three-quarters of the people say things didn't get any worse. here's the thing, presidents don't decide whether you're better off in four years. my family is better off than we were four years ago. four years into donald trump's presidency, i can almost guarantee we're going to be better off, because i'm going to dig and scratch and claw to make us better off. this is not obama's doing. melissa: although if you look at
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median income and you look at the stock market, i mean, he said the stock market has taken off, he's absolutely right about that. whether that was his doing or a result of the federal reserve and their policy, you know, people who own stocks did really well. people that were out there just scrapping it out, not so well. >> yeah. it's kind of ironic that he forgot to mention it's been the weakest recovery on record. he got carte blanche when he was elected, and what did he do? something more ironic, the affordable care act which was anything but that. it hurt small businesses, and businesses were able to reinvest in their future. that's why you saw the wealth effect happen. that's why the fed had to take unprecedented monetary policy. guess what's happening right now? the market is rewarding the new policies that are going to take effect once he leaves office. you even have fed governors praising the new administration for the fiscal policies they're going to enact because now the market isn't going to be relying upon the federal reserve. melissa: what is it like to have an economy where you sort of yearning it in one direction --
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jerk it in one direction for eight years? [laughter] forget about every other kind of policy, when you look at just economic perspective and what you think makes the world go round. sort of whip saw it in the exact opposite direction, what impact do you think that has? >> you can lower taxes, you can reduce regulations. some of it, i hate to say it, is just dumb luck. melissa: yeah, absolutely. >> you can't control when a stock market rally is going to hit. melissa: well -- last word, real quick. >> he forgot to mention that the labor participation rate is at an abysmal low. so, you know, this whole whip saw ifect, i think we're going to see a 3-4 president gdp number next year. david: making americans rich is what the president-elect was talking about. he says a wealthy nation is a strong nation. is he right?
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talk to steve forbes about that next. ♪ ♪ liberty mutual stood with me when i was too busy with the kids to get a repair estimate. liberty did what? yeah, with liberty mutual all i needed to do to get an estimate was snap a photo of the damage and voila! voila! (sigh) i wish my insurance company had that... wait! hold it... hold it boys... there's supposed to be three of you... where's your brother? where's your brother? hey, where's charlie? charlie?! you can leave worry behind when liberty stands with you. liberty stands with you™ liberty mutual insurance
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melissa: president-elect donald trump once said that his administration would fight the at&t/time warner merger, say it was way too much concentration of power in the hands of far too few. since then the market has grown in confidence that a deal will get done, but are there key players within the trump administration who still want to block it? joining us now is -- [laughter] charlie gasparino, who is the only one who would know the answer to that. charlie. >> what did he say about merry christmas in hawaiian? i think that's why you're tongue-tied. melissa: i am. i couldn't do it. >> it is the biggest deal of 2016, beat out the bayer/monsanto deal.
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it is one of the biggest media mergers ever, and it's extremely controversial. you're putting the pipes of at&t, the cable distribution and other pipes, directv, with a pretty big content provider in time warner, including cnn which is, you know, very controversial for its, a lot of republicans think it's very liberal. donald trump thought it was very unfair during the election, and here we go.right now is that trump hasn't said anything post-election. but there is a debate raging inside team trump right now over whether to, they should approve this deal or not. this is very interesting. still senior advisers are recommending, through some senior -- there are some senior advisers inside team trump that he nix this deal. like i said, trump hasn't spoken about it, but the wheels are turning inside. the market, as you correctly pointed out if you look at shares of both time warner and at&t, the market liked the deal at first, market of time warner in particular -- because that's
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the acquired company -- has been going up post-election. listen, all you have to do is look at some of the changes at the fcc, one of the regulatory bodies that has to approve this. tom wheeler, i believe, resigned yesterday. melissa: yeah. >> there are some pro-growth people inside the fcc that have come onboard, so a lot of traders, i've been talking to them all week, say they believe this thing is going to happen. on top of the fact that time warner and at&t have unleashed a massive lobbying effort to try to get this thing through congress and through the administration, at least with the coming administration. but i am telling you, inside team trump there are still key members of his transition team that are saying, no go. let's -- at least if we're going to even think of approving this, let's get massive, massive conditions on this. so this thing is far from a done deal at least inside the trump administration. and we're going to have to find out who's going to be the new fcc chief. melissa: maybe it's you. could be you. [laughter] >> i doubt donald wants to
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appoint me for anything, except for maybe to clean the floors at trump tower. he might want me to do that. [laughter] melissa: charlie charlie gasparino -- >> they've always got scaramucci ushering people going in and out. did you see joe kernan going -- melissa: i'm going to pull the plug and send it over to david. david: the charlie before him. president-elect donald trump doubling down on hisunabashed comment to make americans rich. >> but to be a strong nation, we must also be a wealthy or a rich nation. but they say, mr. president-elect, it doesn't sound good when you say "rich nation." i say we have to be a rich nation if we're going to rebuild our military, if we're going to build the wall. david: what's wrong with being rich? here now is steve forbes, a rich man, also "forbes" media chairman. you know, people come here from
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poor countries not to stay poor, not even to stay in the middle class, but to be rich. what's wrong with that? what's wrong with being aspirational? >> not at all. abraham lincoln talked about improving your lot in life. that's the great virtue of this country. you come here, you can make something of yourself. you look at the standard of living today, despite the last 8 or 10 years, manifestly higher than 20 years ago, 40 years ago, of 0 years -- 60 years ago. so even middle class people today have a rich life compared to what their grandparents had. david: again, what president obama has said so often, nothing wrong with standing behind the middle class, but middle class people have aspirations to be rich. that's what america's about, is it not? >> yes. we're not a status quo country. what you start out with is not going to be your station for the rest of your life -- dave: if you're coasting, you're going downhill, i always remember somebody saying that line. [laughter]
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all right -- quickly. >> no, we've got to the remove the barriers so people get a better life. we want capital creation. that's how you get a higher standard of living. obama never understood it, worst recovery in american history. david: well, to change our nation into a rich nation, we have to change policies. we're still hearing that reagan alum, larry kudlow, may get a key economics -- melissa: whoo hoo! david another unotter dix pick for donald trump, he lacks a graduate be degree and has not written scholarly papers on this subject. all he ever did, steve, was help implement the most successful growth plan this country's ever seen. isn't that good enough? >> apparently not. but galileo didn't have a ph.d. in astronomy when he observed the sun does not revolve around the everett. does larry kudlow understand the economy? the answer is yes. david: and this election was all
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about getting those academics from the imf and all these other eggheads out of there, those who don't change the economy for the good should not be in the process of making policies. >> well, and these academics, it's like a baseball player who can't hit or can't throw. not going to be good for the team. get people who can deliver results. hello. david: i like that analogy. we'll see you tomorrow on fox news channel at 11 a.m. for forbes on fox. be sure to tune in. melissa. melissa: all right. who is walking through the doors of trump tower today? the cabinet is still taking shape. we've got the details on that next. plus, my next guest is receiving phone calls, e-mails and tons of mail asking him to vote against the president-elect. will he budge? ♪ ♪
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david: well, the arrivals aren't slowing down at trump tower. the president-elect continuing transition meetings today including a face to face with homeland security secretary jeh johnson. fox business' cheryl casone is on scene with the very latest. hi, cheryl. >> reporter: hey, david. that meeting was about 45 minutes between jeh johnson and mr. trump. and although the meeting, we don't know what was said, kellyanne conway did come out off camera and say, basically, they do thank jay jeh johnson fr being here today and the obama administration, she says, has been very helpful in this time of transition.
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what's interesting about this is that jeh johnson has been very critical, of course; of the russian cyber hacking attacks we have had and pointing the finger at vladimir putin. at the time of the meeting this morning, we still didn't realize that the fbi now is agreeing with the cia that the russians -- and you can say vladimir putin in the same sentence -- were behind the hack attack at the dnc. also we were not thinking we're going to get the announcements, we're not going to get them, mr. trump is going to be leaving shortly for orlando, heading to the airport. but the two posts that are really kind of in flux, we have no new answers and we're not hearing they're even close to a decision, of course, is v.a. secretary and agricultural secretary. on the v.a. side, what's interesting is you've got 20 veterans groups, david, that are saying they would like to see the current v.a. secretary stay in his position because, as you know since the 2014 v.a. scandal that started at the phoenix v.a., he has been working to
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transition and, frankly, resuscitate that agency. and real quick i want to say there's a lot of speculation right now, we're not going to hear anything today, david, idaho's governor, republican governor, is being considered for agricultural secretary. his name in the running. as for v.a., we're hearing now to back away from senator scott brown as possible v.a. pick. and fox news contributor pete hegseth is still in discussions, as you know, with the trump transition team. nothing today on this friday except, well, about a 15-degree afternoon here in new york city. david: braving the weather there, cheryl. thank you very much. melissa. melissa: russia and comey, hillary clinton is placing blame on russian hacks and james comey's fbi letter as the reasons she didn't end the night with a victory. >> vladimir putin himself directed the covert cyber attack against our electoral system, against our democracy apparently
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because he has a personal beef against me. david: all right. we're going to have a lot more on that coming right up. meanwhile, anti-trumpers still trying to sway the vote. members of the electoral college being threatened to vote against the president-elect. but our next guest is standing strong. ♪ ♪ many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled,
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melissa: republican electors are getting phone calls and letters begging them to vote against the president-elect on monday, but my next guest is totally and completely still going to vote for the president-elect. alex is an ohio elector in hamilton county, gop chairman. tell me about the letters you've been getting. what does your mailbox look like? >> well, melissa, it's overwhelming, frankly. even this afternoon we had a entire box full of letters
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dropped off at the house. it's over 400 letters written to our home at this point. the e-mails are numbering over 1,000. we're being deluged. melissa: when your mail carrier shows up, does he ask you, you know, what the heck is going on, or does he or she know? [laughter] >> you know, i haven't been home to see him, but my son encountered today the most recent box of letters, and i know my typical mail carrier there, so i'm assuming he knows a little bit about this. melissa: yeah. to you feel threatened at all? we're kind of laughing about it because you're getting a lot of letters but, you know, it can be a dangerous thing. people on both sides of this election have gotten very emotional at this point. do you feel nervous? >> no, i don't feel nervous. the attention is a little -- maybe a little unnerving, but i'm not concerned or scared for my safety. most of these people, frankly, are respectful in their tone. i'm not opening all the letters ors there are far too many to open. it's made it hard to sort of determine what's a legitimate
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piece of mail and what's not, but beyond that it hasn't been difficult. melissa: and you say this isn't swaying you at all. >> oh, gosh, not one bit. if i were to be swayed, you know, i would be disenfranchising 2.8 million ohioans who voted for donald trump. donald trump won by the biggest margin in over 30 years here in this state for a presidential candidate, so it is my responsibility to go and represent those 2.8 million ohioans who cast their vote for donald trump. and that's what i intend to do, and nothing is going to change my mind on that. melissa: have you seen all the ads that celebrities like martin sheen have put together, you know, trying to pull on what they see as the conscience of people like you to vote your conscience, to understand that he's, you know, not qualified to be president? have you seen any of those ads or videos? >> i've heard about the ads, i've had one e-mailed to me recently. again, i'm seeing these letters, and they try all manner of
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persuasion, including tugging at our heart strings. what i can't be clear enough about for me to do anything other than cast my electoral vote for the candidate who won this state, i think, would be immoral and unethical given that 2.8 million ohioans, you know, donald trump won this state by half a million votes, eight percentage points in the polls. anything else would be wrong. melissa: i mean, how did you become an electoral, and did you think it was going to turn out like this when you agreed to do it -- elector? >> i'm very active in my local republican party, and i was asked by the trump campaign to be an elector. i was selected well before the election and did not know that it would draw this kind of attention. i certainly knew it would be an honor for me to do, i'm excited to do it. but, no, i must confess be i'm a little surprised at the attention it's garnered. melissa: i wow, yeah, i bet you didn't expect this. good luck to you. >> happy to be with you. thank you.
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david: good man. that's what an elector should be, a responsible citizen. so, was it an act of war? the pentagon demanding china return a u.s. drone that was seized from international waters. also, president obama's vowing to take action against russia for the, the nc hacking -- the dnc hacking, but can we be absolutely sure now about what really went on? we're going to be asking rue tent colonel ralph peters, he's got some very strong views. you don't want to miss it, coming next.
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>> based on uniform intelligence assessments, the russians were
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responsible for hacking the dnc. that shouldn't be a source of an argument. david: president obama saying moments ago that there are no doubts about who was responsible for the hacks of the dnc last summer. here now is retired lieutenant colonel ralph peters, fox news strategic analyst. colonel peters, do you share the president's certainty that this was russia? >> yes. unequivocally. i come from the intelligence world, and we know how to do this. we know how to find these people. and there are not only digital fingerprints and that sort of thing, but we use multisource intelligence. without going into the classified data, i have absolute confidence in our intelligence agencies, and they all agree that the russians did it. and why the russians did it. and i will tell you, david, i wish our president-elect well, but i am very, very disturbed when the president-elect
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challenges, mocks our intelligence agencies -- david: but, colonel, let me just bring out a couple of facts, which i know you know. there was wmd in iraq, there was the lack of foresight to see the coming end of the soviet union. i mean, there were case after case after case where the intelligence community made big mistakes. >> no. of course, because it's made up of human beings. but those are different kinds of cases. this is a case where it's very, very specific and very technical. you -- this is mathematics. this is not literature. and we do know, we can know. and by the way, i'm tired of hearing about the intelligence community got it wrong on weapons of mass destruction. what happened was there were divisions within the intelligence community, and the neo-cons in the white house, in the administration cherry picked and pushed through the notion, they pushed through their -- david: okay. there were other examples -- >> and there always will be. no doubt here.
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david: how do we move this forward? this is what the president said last night about what to do now, now that we've made this discovery. let's play the tape. >> i think there is no doubt that when any foreign government tries to impact the integrity of our elections, that we need to take action. and we will at a time of our own choosing. david: quickly, ralph, what action do we need to take? >> well, i will not speculate, but i hope the president gives the russians a great christmas president. my fear is president obama is always timid and always weak. but, david, you talked about going forward, here's how we go forward. stop politicizing this on either side. all americans, right, left and center, should be outraged that any foreign power interfered with our election. to me, this hack into -- and this manipulation of our election is more important to our security than 9/11. david: okay, all right.
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well, for one i can't stand vladimir putin because he probably had a part in killing a friend of mine, so there's no love lost between me and putin. i want to switch gears to another country. new tensions with communist china turning markets south today. how should president trump handle this? the chinese went out of their way to insult the nation and violate the law by stealing our drone. what do you think should happen there? >> well, the first thing i have to say is it's no surprise that the chinese would grab one of our maritime drones because they saw the iranians grab our sailors and get away with it. why shouldn't they? nobody's afraid of us. obama is so week -- weak. he's always got an excuse for doing nothing. so i do support president-elect trump on his, taking the call with taiwan to send a message to the chinese no more free ride. it's not business as usual. and they've got to play by the international rules and the rules of the marketplace without cheating, or there will be problems. david: lieutenant colonel ralph
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peters, have a wonderful weekend. >> you too, thank you. melissa: the greatest gift of all if you don't get exactly what you want this christmas, burger king will give you a whopper in exchange for your heartbreak. we've got the details coming up next. ♪ ♪ why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card.
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okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you. melissa: burger king is offering customers a chance to exchange unwanted gifts for a whopper. david: sounds good to me, customers in miami beach, london, and brazil the day after christmas, restaurant donating all unwanted gifts to charity. melissa: there is still hope, first 100 fans to post a picture of themselves with the unwanted gift, and
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#whopperexchange will get a surprise. david: i want the free burgero fries. melissa: you just take a picture and keep the gift. david: they are regifting the gifts. you get a whopper, someone else gets a gift. melissa: i love it, "risk & reward" starts right now. >> one virginia democratic congressman is calling for a delay in monday's electoral college vote, welcome to ris risk and reward i am adam shapiro, filling in for deirdre bolton. a democrat is calling for a delay. tweeting --

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