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tv   Cavuto Coast to Coast  FOX Business  February 13, 2017 12:00pm-2:01pm EST

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the story that is not just introductory white house, the new immigration orchard that may or may not be coming. it is the upmarket up again and giant proportion in the dow is now up over 2001 to november the eighth election day. our time is that good meal, it is yours. neil: thank you very much, stuart. you've been discerning what is behind all a behind all of behind all of this spirit ever and focus on what is contributing to the latest surge in stock spirit americans as obvious as the nose in front of your face. ♪ many times when i express my infatuation with this zinger adele, she refused to be on the show when she -- when we have backed us up in august. 30 didn't thought when we surprised the world that the next day the markets across the
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globe are on fire. coincidence? i think not. this is something you really have to say hello to, buying orders that will not start because of a certain singer whose voice is from has-been. even when we had a minor little slip up like this. ♪ i know it's live tv. i can't do it like last year. can we please start it again. i can't mess this up. neil: it's okay. you're only human. my wife was reminding me, that she's younger than our daughter. duly awarded last night. she had a chance to wow the
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world again, which by the way she did easily given the same opportunity. our own blake burman. >> i had no idea you were this big of a adele fan. >> it makes you uncomfortable, doesn't it? >> @. fantastic. we will see if they get a do over at the white house as it relates to this executive order on extreme fighting. i asked the president on friday about the executive order. he said they will do something at least in terms of immigration and who comes in, who comes out rapidly. that is the word he used the other day. there's really no timeline on this whether or not a do over, new executive order could be coming to stay in upcoming days this week. they got many avenues come in many paths they could push forward on this one. i should note that we haven't gotten any time in from the
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white house on it either. speaking of timing, an interesting time on this day as the prime minister from canada, justin trudeau got here to the white house an hour ago meeting with the president. they will have a roundtable shortly which ivanka trompe l'oeil bn for women nontrivial or is an business spokesman that will be the focus. after that, the two will have a working lunch together and then a press conference. of course it issues between the two is nafta. the prime minister from canada has talked about free and in trade, whereas president trump has talked about potentially ripping apart the whole deal. and also immigration. this circles back to back him in the air. mr. trudeau is more of a proponent of open borders and we know the stance that president trump has taken on that front. we will see what shakes out at this news conference between the
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two later today it is my admission that i do not know very many adele songs. i apologize and i'll send it back to you. >> in keeping with the team, i understand in the prime minister met the president, the first thing he said was hello. never gets old for me. it sold for everyone on the crew. thank you. blake burman, a rock star in the at the white house. congressman ron desantis. he has been pushing it though that would offer some of the same restrictions the white house is looking for in its immigration order. but in sticking to the log, obviously not to invite the wrath of judges come he joins us right now. thomas mahon, good to have you. >> i'm not singing subsite for you. good to be here. three gigabyte, congressman. 9/11 you're here.
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do you like adele? >> she's very talented. i did not watch it. i fell asleep. neil: okay, i'll let that go. congressman, very nice to have you here. you are trying to make write something from the judges in the ninth circuit court of appeals in san francisco made wrong. how do you hope to do that? >> it is interesting that you mention the bill because this is something we did last congress and we did in the right countries like somalia, libya, syria. countries were never picked out of thin air. they were countries that congress had determined. the obama administration had identified as countries that readers as sponsors of terrorism or head terrorist groups controlling significant portions of the country. in those situations, we don't have an adequate way to that man. although i think the president was within his rights to do what he did because congress has
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empowered the president in a federal statute to prevent injury from aliens from countries if he deems it to be detrimental to the national security interests. i think the easiest thing for them to do it this point is to probably retold the executive order so that your not getting any issue about green card holders and the like can basically make it a straight up restriction for foreign nationals who don't have status in our country. even the ninth circuit would be hard for them to try to find standing in that type of situation. neil: we should always stress to me you have in the past the ninth circuit is one of the more overruled courts in america for this type of reason. having said that, there is a debate in the white house with the president should do that maybe had he prepared this veteran dealt with the green card, we are giving people more notice this wasn't a muslim ban or what have you. how was yours going to stay
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clear of that the muslim name because invariably the seven countries we'realking about here, if it is the seven countries they also happen to be muslim nations. i do get away from the wraps its popular judges to fine-tune fine-tune the things you said you are being selected that people based on religion. >> well because the facts are the facts. those countries identified taste on the threat that are opposed to the security of the united states in the regions they are written. not necessarily because we don't have intimation which is the biggest muslim country in the world on any of these lists because even though there are problems, we haven't seen the same thread as we have from places like somalia. i think that those judges when they go went and looked at a small number of countries in a vat to me, they are departing from applying the law and they are trying to second-guess the policy judgments made by the congress and the president. that is not their role and it's
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not clear to me this district court in seattle is willing to confine himself to the judicial role which is why doing a new executive order may make sense. so i court is not going to take its nose in because we've seen that in these two decisions. i don't think either one of them are solidly grounded in the law. there will be a movement to just try to stop in throughout a monkey wrench into the gear shift or whatever this president tries to do. if they are right on the law, that is their job. they don't have the authority to go beyond deciding cases and controversies in trying to second-guess judgment by the political branches that are not their purview. neil: well put. good seeing you. in the meantime, we have steve mnuchin to talk about who demanded donald trump wants to make his next secretary likely be voted and ratified in confirmed by the united states senate today.
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the only question is when today. he plays a very crucial role in this whole debate we have. brady, the man who runs the house ways and means committee, they cut their common along the lines mr. brady raised with us but a sweeping across-the-board cut that would take, for example, the top rate down from the mid-40s if you consider the surcharges with obamacare to 33%. then you have a 25% rate, 12% rate, 20% corporate rate. the issue with mr. mnuchin is he has gone on record saying that at least the rate cuts for the upper income would be a sort of switched around that it might be sort of a wash. but they would have a limit in their reductions in what they could ride up to the point won't be a tax cut at all. whether that's true or not is anyone's guess. the markets chewing on all of that and getting a read of when they come together and when the tax cuts come to fruition.
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the culpability due strength is at the stock exchange. nicole, the markets and of course today is a adele rally, so let's leave that out. do you think that the markets are prepared for the possibility that the upper income rate cut isn't what it appears, that if you take a mnuchin at his word, it will be offset by limiting deductions and they might not be happy campers and are surrounded by all of them, those 1% yours and this isn't what we thought would happen. >> a few which are saying and i am your point they may not get those phenomenal tax cuts promised. they will rack dramatically if it were to come to fruition. i will say and broad-based tax
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cuts, phenomenal tax cuts. more about that in the coming weeks. also better than i expect dead. 5% roughly. and the rollback in regulation. and the tax cuts in the idea of the tv cop of the barrel. we will see about that. whether or not he'll be confirmed today whether or not he'd loved adele. neil: if he doesn't love adele come he might as well skip out of town. you know, when we look at this, looking at some of the gains since election day and one of the things that comes up is the idea is priced for perfection. it wants to see everything go as it thinks it will go a broad-based tax reform and regulation and all industries.
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do you think the market are a little bit to give you? >> i don't know. every time president trump mentioned super tax cut, the market goes berserk. keeping and that's extremely important. there's other parts that need to be looked at as well. for example, i have been angela is unused for years and every tax loophole somehow, somewhere, someone needed to get around it and no-space to do so. see what loopholes are losing because doubtful to see what needs in the tax code. the waste needs to be taken control of. neil: they never do that. they never, ever do that. >> i don't think we have a president now who understands you don't waste. if we can get those in our
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pockets, that will be a huge help. neil: i hope you're right about that. i do want to get a sense of what angela touched on your the kinds of things you'd like to see coupled with big tax cuts that there is real follow-through. if this is part of it would require just a simple majority of those two paths. if you require something like 60 votes to pass, that's quite another. neil: i do want to go to tim on that. >> that's right. that's one of the things the market has been optimistic about. in november, december, january the market has moved forward and up to this and that the tax package would go through and timing was always an issue. you are starting to see stories come out better indicating we are working on this, but it could be months, a couple quarters before this comes out. i think there will be some good
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tax reform, good regulatory reform come out of this, especially at the corporate level. that's what the markets are really focusing on. there's been estimates for every 1% drop in corporate tax rate. that is a big amount. neil: valid be interesting. it would justify historically high. all of a sudden you get up the comments or at and the market doesn't look right. >> there's no doubt there will be benefits. they are reinstating jobs, and better earnings. companies that don't have to pay so much in taxes. fast and as we know that steve mnuchin will be the one heralding through its economic policies, infrastruinfrastru cture spending, rolling back
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trade deals such as that with iran. all of that equals boosting the u.s. economy. it doesn't equal, you know, a poor economy. you have to say that most people are still very optimistic and they still are loving this market. we see industrials and financials and energy. i just across-the-board. neil: real quickly, do you think mnuchin will make a big difference in this debate? seeing as he has had some mixed signals he's been given on tax cuts, certainly on the upper end. >> yes, i think the corporate tax rate is very important. if you can make this a track for corporations to keep higher income to bring our jobs back, hire more people. the corporate tax rate is where the focus needs to be even more so than the individual tax rate. i believe that you get more jobs, more people working, more people paying into the system
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that will solve a lot of problems. i think that's right. you are seeing optimism with a good sign. small businesses are very optimistic. that's one of things that's very important. neil: thank you all very much. there is another rigmarole in north korea and there's only so much adele can do about that. i do know donald trump does. i don't know that at all because adele actually liked hillary clinton. so the adele analogies have stopped right there, haven't they? more after this. dear predictable, there's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake,
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neil: you know what is weird? normally a country like a rambunctious a missile, the president is all over it and indicate north korea doing the same kind of thing, although this was a much more advanced missile test, which we've not seen never from the north koreans. so far no response from the trump administration. no trees, no nothing. retired navy captain chuck nash is what he makes i'm not. what do you think of the unusual restraint we've seen? what do you think is going on? >> what happened at the time this was announced, the president was meeting with president abe, the prime minister of japan keeping a muted response, but also standing in solidarity with the prime minister, were they both called it intolerable. this is one of those things where the leverage that he had now is going to be shown. keep an eye on what happens with a list of missile defense
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affairs that the united states makes for some of our allies in the region, in particular japan. in south korea, a land-based system and passing system and sm threes on charlie burks,, which can shoot down ballistic missiles. neil: what would happen if we did that, if we tried to shoot down, lift debris and do something like that, north korea do something like that. we are told that would be deemed provocative, even though the shooting of missiles is provocative. what do you think the file that would be? >> i think the fallout would need much better than if they fired a ballistic missile in it were to strike one of those countries. so that falls into the too darn bad category. if that looks like it's coming our way, we are going to take it down and there should be no doubt about that. what the chinese need to figure out is as we move more to protect their interests and
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allies in the region, they are not going to like that because they are trying to expand into the south china sea. neil: let's say the north koreans case, captain, doing all this on its own and obviously china doesn't want to make tensions even worse i would think. what if north korea is run by a roadmap to does what he wants to do. the chinese can speak out too aggressively against it. while we are trying to go after north korea. how did we handle that? >> what problem does china want? they promised that the united states or north korea. north korea because it's the largest trading partner. if china had doesn't get involved here. that's what the united states is going to do. but asymmetric pressure to read the chinese they get involved and help fix the problem.
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you guys are causing this problem, you better get involved. neil: cap didn't have a very good seeing you again. the white house's michael flynn on the national security advisers and a whole when it was just a private citizen. there's a campus to get rid of the guy and another that says you should see the we all have to pay. the foreign policy mass that could make this an even bigger mass after this.
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neil: finally getting a bit of good news on the california man that caused the event is 200,000 nearby residents. the water level has dropped. that's a good thing. officials will inspect the scar that caused these worries and the fact that this building as its known was beginning to crumble. it appears it might not be crumbly mess much or as rapidly
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as they thought. way too early to breathe a sigh of relief here. we are keeping an eye on it. meanwhile, the white house and mum is a word when it comes to michael flynn national security adviser, what he knew, when he knew it, which he admitted to and did admit to get all sorts of suspicions. you know how this goes. connell mcshane with the latest on that. >> it's interesting you show video of the president mike pence and he may be a key figure in all of this. here in about a possible apology from the national security adviser mike flynn to the vice president. basically what all this comes down to is a conversation before inauguration, after the election clinton said to have had that the russian ambassador. the two of them talked about sanctions. the sanctions by then president obama. like pentagon on tv. the vice president denied that. at the apology that jennifer griffin or fox news colleague
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reported on in the last hour is said to have been delivered today by flynn to pad save the sanctions never came up in the conversation. that leads you to believe the sanctions did come up in those conversations and we are told at least by the white house at the apology was accepted. we will see where we go from here. maybe more at the news conference with trudeau and mr. trump later on. looks like for now, if the source is within the white house have to believe he will survive in the meantime. a lot of speculation that he may be in trouble. neil: the reason he may be in trouble is it's illegal to do. if he was a private citizen talking to a foreign government high official about anything taboo. >> that could lead to the fact he may still be in trouble. there are legal questions about a private citizen conduct and foreign policy.
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political questions telling one of her bosses the vice president one thing when another thing happening. that was the immediate question apparently dealt with in the apology this morning were flynn spent a couple hours in meetings and was consulted on issues of national security and apologize to the vice president and have it accepted. your questions a separate when we don't know the answer to yet. neil: are you happy adele one last night? neil: connell: and not because someone has to start talking to a few of us cannot fall me. nobody's in support of this early in the show this way. welcome your producers run against it. people that control room are against it a moral afraid to say anything to you about it. neil: well, you were rude about her this morning when i was listening to you. i'm going to chalk it up to a lack of sleep.
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connell: you need some help. neil: i actually do. i need a lot of help. my wife is very uncomfortable with that. thanks, buddy. thank you for friday filling in. that's the last time that it's going to happen on the show. a lot more to go. the rally continues with 106 points. a lot of people, particularly those addressing an apple that good things are coming with the apple iphone later this year. ten-year anniversary. investors are saying hello. i have a ton of this stuff.
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why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your 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 this may cause an unsafe drop in blood pressure. do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis. neil: two very quick developments. no word back to adele. lesser development of what's happening in the white house right now. the leader of the free world and the canadian prime minister
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gathering with a round table. let's go to this now and see what the president had to say for some of the who's who of the business and political worlds. [inaudible conversations] >> hello, everybody. please sit down. [inaudible conversations] [inaudible conversations] >> strong women are here. >> strong women are definitely here. there's no doubt about it. thank you all very much. it's a great honor. great success, so important. i'm honored to be here to meet prime minister trudeau.
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his father by respected greatly. yourself and your father, a very special place at the waldorf astoria together. we are going to launch the canada council for women entrepreneurs and have some of the great ones in this room and business leaders. we have so many great women leaders around the table today and we are going to go through your names. many of you i know. some of you want to find out all about you. women, as you know, i can say from my past life i had so many women executives that were phenomenal. phenomenal. so that's really fantastic. they played tremendously important role, women, and our economy. women are the primary source of income and 47% of households and households with children under
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the age of 18. in order to create economic growth amount to very good well-paying jobs, we must ensure our economy is the place where women can work and thrive and i think that is happening in the united states much more so. i appreciate you being involved in it. in canada it is happening big-league and it's very important. many policies help keep women in the workforce and address the unique barriers faced by female entrepreneurs and they are unique. we need to make it easier for women to manage the demands of having both a job and a family. we also need to make it easier for women out there is to get access to capital then i guess pretty much all entrepreneurs we have to help them out because the system is not working so well for entrepreneurs getting capital, but it's in particular
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difficult for women. we will get access to markets and i look forward to hearing your advice. we are going to go around the table and i want to really learn something today. again, it's a great honor to be with you than just that i can say on behalf of our countries, it's an honor to be with you. >> thank you, donald for welcoming us and i'm really excited about sitting around a table here with the number of successful executives who just happened to be with us. one of the things i've been lucky enough to do over the past year in new york and beijing across canada to sit down with women ceos, women executives to talk about both their successes and the challenges they are facing that are particular, but also how to create more paths to success for women across our community and across our society.
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whenever i sit down with a woman executive, i know she's had to overcome significant barriers that exist and therefore is likely to have greater insight, but also the formidable contributor to the success of business and her economy. a thing for me it's not just about doing the right thing. it's about understanding women in leadership positions is a very powerful leverage for success for business for communities and our economy. french and [speaking in native tongue] >> great pleasure to sit with you now and hear her extraordinary leadership. >> how about we start with
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ivanka and go around the room. if you want to say a couple words. >> i am honored to be here and i'm really looking forward to hearing from each of you who serve as tremendous role models and leaders and 10 months am tremendously valuable perspective as we think about the challenges and notch printers, many of the workforce small-business owners are confronted with each and every day and how we level the playing field for this generation and for the next. thank you for being here and i look forward from hearing from each of you. >> thankthank you. civic thank. i'm don ferrell. neil: introduction still going around the room. we might want to stay with this. let's keep hearing. >> thank you for the opportunity for the dialogue we've had for hundreds of years.
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we generate electricity from coal, natural gas and also renewable sources of wind, hydro is solar. we have operations in canada, the united states and australia. we have to be excellent and operations, engineering, finance trading and we have to cover the policy dialogue that happens around energy and i'll talk about that as part of today. we've done some excellent work. future jobs in our case absolutely depend on growth. there's no question of that. i truly believe for there to be future opportunities for women, we have to have more jobs, the more opportunities. collaborations where we break down barriers and build trust and confidence. i think business investment is confidence and my hope is that's what comes out of here.
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for us, having operations in canada and the united states makes us absolutely more competitive. our operation in washington state is one of the most competitive. the most competitive award of the year. the reality is that people from the united states and people from canada across the border option to work with each other, to share so that we can exile. >> we will go around. good job. >> she did a of a job. no wonder she's a success. >> i'm the chair of the board of the investment firm in the chair of the province. i am also worried member of large liberal corporations like michelin and pushed out, which
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is -- [inaudible] each of those organizations have significant businesses in the u.s. and also employs a lot of people in this country. i feel really honored and privileged to be part. i would like to thank you for this great opportunity. >> i think the agenda will continue for our great country. >> thank you, appreciate it. >> dynamic team outlay. i am ceo of the largest asian supermarket chain. i'm play 5000 staff as their 500,000 people across the country of her week. >> fantastic, thank you to >> on the board of directors of general motors and i don't think general motors needs an introduction.
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>> thank you. thank you very much. >> hunter lundgren, president and ceo of the chesterfield industry, one of the world's largest recycling of metals around the world. i sit on the board of the corporation which has been in the public-private partnerships in canada. i sit on the board of writer, which goes back and forth between the u.s. and canada over 400 times everyday. lastly i'm on the board of the branch of the federal reserve force. >> thank you very much. >> hello, alex allen, vice president of ge as well as operations within canada and we are a country doing business in the countries of the world. >> i am the ceo, --
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[inaudible] our countries are so absolutely bound together by people. the north american competitiveness. [inaudible] >> working on that very closely. there's some good things happening that could be very good. thank you very much. >> the ceo of north america in for a and canadian businesses. >> i am ceo of landmark corporations, diversified manufacturing company with 57 plans than 25,000 employees around the world, including right here in the u.s. and also
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heavily invested in canada. we double our work for us in the u.s. over the last five years it has also doubled our workforce in canada over the last five years and have a lot of exciting opportunities for growth. >> thank you area much. thank you, everybody. neil: still monitoring that eating. is he taking questions? [inaudible conversations] neil: he does not appear to be. if he does, there is that race. where justin trudeau, the prime minister was speaking french. fortunately, i know french. he was saying he was very happy that the adele bested beyoncé problem of ear. i've had a special place in my heart for hello. prove me wrong.
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apparently a lot of you have. real clear politics reporter joins us. judy kurtz. obviously, this continues the collocated ceos, prominent business leaders of all types and this time the canadian prime minister into to send a message that this business president is all about business. does that get off other things that come up along the way, some controversies in slipups. what do you think? >> is interesting to see both of them together. they couldn't be more polar opposites. justin trudeau and donald trump. a sunny, youthful politician. trump is obviously a bit older, has a darker view of the world. it's interesting to see the two of them interact with one another. trump obviously has some issues with women. the women's march in washington.
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but this is a case of him putting his money where his mouth is and meeting with trudeau on this important issues about women in the workforce. neil: one of the things that comes up as well but how you can be pragmatic with those who seem to be her polar opposite -- opposite. he's an uber liberal, his dad was super liberal, but donald trump is referring to the time when he dealt with his father peter trudeau was an iconic institution in canada and that he had a good working relationship with him. he also had a good working relationship with this prime minister. this prime minister was kind of wincing when president obama cut by keystone pipeline project because it could also mean a lot of canadian jobs and be good for canada. even the environmentalists in him could be pragmatic on these issues. so to president trump and maybe some of these other issues. what do you make of getting along to play nicely.
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>> everything you mentioned points to how important of an ally canada is. i think it's kind of underestimated how critical canada is in terms of being an ally to the u.s. you see at this business meeting that this is where they have some common ground. this also comes this could be lots of differences in the meetings between donald trump and prime minister trudeau. particularly when it comes to trade and nafta, right? also, trudeau has been very critical of the way in which donald trump has handled the refugee crisis and critical of the immigration order kermit even posting pictures and social media post of him welcoming refugees and that sort of thing. this meeting provides them away to find common ground at the outset of this meeting to the u.s., while also on the docket are some very difficult challenges that the two of them will face together. trade do i always think whether you are male or female, uber liberal or uber conservative, you get the economy firing on
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all cylinders beyond the growth we've had. whether that's done by tax-cut for making appeals to various industries. you could be off to the races. i am wondering if that is what president trump is hoping to see. whatever you guys think of me and in this room think of me, we all benefit if the economy takes off and i've got a plan to do that. how integral is that? >> i absolutely think that a part of it. this is a good barometer for how the champ administration is going to deal with folks across the political aisle. we haven't seen that much coming together since trump took office. it's been more polar and parties and somewhat argued. see in this political odd couple in action might be a good task for how the trump administration can deal with folks from all sides of the political spectrum.
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neil: today's rally at the dell inspired, so i'm going to leave that out. i got you nervous, didn't i.? the markets seem to respond last week when it does take more of a sure thing than a big tax-cut plan was coming. kevin brady, the house ways and means chief thing is definitely coming, actually coordinating. it will be big it won't be something minor combined with the corporate tax reform in the same omnibus package and we will need a simple majority to get it approved. whether that's done through budget reconciliation, which i assume. i don't know. how much hinges on that happening? i think a lot. a lot of what republican lawmakers in congress are depending on leadership from the white house. working with the white house on a package would be really critical, particularly with a lot of the things they want to do. today kind of represents an opportunity for the trump administration to turn a page on a pretty bad couple of weeks, in terms of the public messaging
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and controversies. so they had this meeting with trudeau today. also of course on when day, israeli prime minister regimen that yahoo! is coming. that is also of course the key alliance, but also a more friendly relationship you could say in terms of trump and henchmen that yahoo!. i think this provides the administration away to get back up for the controversies they face of a lot of different things that general flynn included and get back to the topics at hand. that is a republican lawmakers on capitol hill are waiting for because they want to get a lot of these things done. they do have momentum in terms of what we've seen in the markets. trade to caitlin, thank you. judy. >> the market is responding to beyoncé stunning grammy last. neil: obviously the most bizarre song. don't even get me started. rumor has it, the buyers are out. more after this.
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to help you keep rolling with confidence. go long™. ♪ neil: albright. he was split from that. commerce nominee wilbur ross will keep the stake he has been a chinese government backed company. some interpreted as a something he had to let go and the rules are a little vague on this. he's essentially saying to make it happen. if it's a big deal to do, go ahead and vote against it. i could still hang out in the confirmation process. we shall see. verizon is bringing back the unlimited data plan. 80 bucks a month that cost the plan among investors something that really won't move the needle very much. other senior little date to the party because they're doing the same sort of thing. i don't know, but again it's weighing on the stock a little
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bit. investors are weighing the odds of weather snapshot, if and when it ever comes to an ipo, just a matter of time, whether it faces the same headwinds facebook day. everything righted if self-doubt for facebook. hey, nicole. >> so much exciting about snapchat, paris map. disappearing photographs. adele could send the picture and you look at at it and it's gone. the concept is a great one, but the number of users of the money behind it is problematic. that's a people contemplate right now. when facebook wants about 845 million monthly active users. that is huge compared to what we see for snapshot -- snapchat. twitter is in roughly the same bag. we look at the revenue and profit, you can see staff is much more like twitter been like facebook pertaining to profit and revenue alike. when you look at the numbers and break down the numbers and even
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the growth we have seen over the last year, that slowed the latest quarter when facebook is to grab started something called story and they saw their slowest growth quarter over quarter. the idea is a great one. everybody less together than doubled roughly be valued around $25 billion. that the new york stock exchange most likely, but the question still remains on his tenacity and how it will continue to grow. that is the idea behind it. that's what people have to believe in. can they grow their profit because right now the profit is down, negative 500 million. neil: this was a new fixation. prior to this ever went get on board the snapchat train. now there like well. >> they are hot on it. millennial star on it. 18 to 34 years old that their money with advertising.
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i can't get my kids off of that saying about the disappearance of those covered they have 90 days with this one. they show themselves even serial. neil: you're right. they are not in the facebook generation. that is so mom and dad. >> you are right. neil: thank you, nicole petallides on the new york stock exchange. the adele rally and susan no doubt we will hear justin trudeau talk about that talk about that, as he said in french. he's very happy beyoncé was beaten because that song of hers, i didn't understand it, did you? after this.
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. neil: all right. we're in a working lunch, and we're told right now president trump and canadian prime minister justin trudeau, they're worlds apart politically but there is a history between the trumps and the trudeaus, leading that country an iconic liberal country, if you will, and his
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dad having meetings with donald trump. that was then. this is now. but there's a lot that these two have here where these differences might not be as glaring as you think. so we're going to wait for that. an hour from now, these two are going to have a joint press conference. so we'll hear what they have to say. all right. all right. in the meantime we have economist fox business gerri willis. so, dave, to you first in this sort of pragmatic relationship. of course it has always been close between our two countries. a big deal i guess from canada. this announced that the population hit 30 million. i was shocked. i thought it was even more than that. but we are miles apart politically. but the prime minister realizes that his popularity of late. so he's cognizant of that; right? >> i think he's cognizant of that. i mean, full disclaimer, i'm married to a canadian, so i have interest on both sides of the border.
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bill i would say that his strong suit is not his economic policy making. and his economic reliance and dependence on the united states is overwhelming. we have something very close to a -- an even balance of trade with canada, which is very different -- which is one of the reasons i believe president trump has not made them a target. and as the toronto globe & mail said over the weekend, his job is to essentially build a relationship with president trump. he has more at stake in effect than president trump does, and i think he'll be working very hard to try to do that today. neil: you know, i think right now, brian, if memory serves me right, it was trudeau that is justin trudeau, the prime minister, had a problem when barack obama just cut keystone right at the knees and that was it.
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even though he shared president obama's environmental worries, and he tried to assure the president that, look, this is not an environmental problem. obviously president obama went one way. so he might actually be a little relieved; right? >> oh, definitely relieved. i mean, one of the key pieces of trade between canada and the u.s. is energy. and, you know, there's a lot of focus on nafta just in general. and i want to -- you know, in the big scheme of things nafta as a trade bill. i'm not saying it's perfect. but it was one of the better trade bills that we've ever done. it literally did lower tariffs in many, many areas that with mexico, we have some carve-outs for energy that we don't have with canada. but i wouldn't worry if i were canada about reopening nafta. we want to be good partners we want nafta to work. we want free and fair trade, and i think canada wins in that way, especially in the
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commodities area, the energy area. neil: what do you think, gerri? >> well, i've got to tell you. as the power balance goes all one way here, three-quarters of canada's exports are sold right here in the u.s. of a. believe it or not, 20% of everything they produce in that country comes here. they need us, and they need us badly. but to talk about nafta more broadly. i don't really understand why people think that the 23, 24-year-old agreement that has helped mexico immeasurably, why that's not something that can be opened up and discussed. i really don't understand why. mexico's exports during that time have grown ten times. so opening it up again makes sense. but canada today, they've got to be careful about what they say. they need us more than we need them. neil: you know, when we look at these types of meetings, i'm always struck by how the curiosity of foreign leaders who come to meet this bigger than life character who none
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of them saw winning the presidency and yet is now opposite them in a room in this case the oval office. and i wonder how the local press takes that in. i know in japan they talk up the idea that the prime minister and donald trump got along famously. had a good golf game. talked a great deal about it. same in britain where of course the press is much more skewed liberally against that cozy relationship, i guess as maggie thatcher was for her tightness with ronald reagan. what do you think of that and how their own citizens consumption this is weighed? >> i would say that if you read the canadian press accounts, they are as or more hostile than the american press accounts toward president trump. and i do -- and that deal happens to be something i do on a daily basis. neil: you sure that's not just unhappy with this whole thing? >> it's not. it may be, but i can tell you that the tone in the press
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there is overwhelmingly negative, and so much so that i as a, you know, not an enormous fan of the president, but a big fan of fairness. i have found reading their press gets under my skin as an american. so it's been very -- the drumbeats very negative. neil: you know, obviously we set the economic tune and tone, and you could look at that, brian, and say the canadians obviously want us to succeed, whether that's because what the president is doing or not. they don't want us to fail; right? >> right. they don't want us to fail. and they want to be good friends. i find it fascinating if you really -- if you only read the press, the reception of donald trump and the things he is doing are tearing the world apart, et cetera, et cetera. but if you really talk to people, look at polls, look at approval ratings, look at the things that people like or
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dislike, what you find is a totally different world. and i would argue that is sort of like the election. and the election was, you know, no one predicted that trump would win and yet he did. and i think this is true around the world as well. that regular people, they're waiting for things to happen. they're not fearful that they had things might happen. they want to find out if bad things do happen. and so far bad things haven't happened. and i think the longer he is president, the more people will realize that, in fact, america does want to be friends with other countries, does want to trade with them. just wants a free and fair playing field, and i think that's what we're going to ge g. neil: all right. guys, thank you, all, very, very much. we were talking about luncheons and events. we're learning now, and this is coming from the new jersey star-ledger, a host of other major newspapers in the garden state. governor chris christie is going to be having a lunch meeting with president trump tomorrow.
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and might be offered a job in the administration. now, he's supposedly been other jobs, not to his liking and one of the reasons why skewed moving to washington or taking any role in this administration. this is a curious development here because he might be offered one more to his liking or might be shifted into a position and someone else shifted out. there's no way to tell. but, again, this is coming from new jersey advanced media, includes the star-ledger and some other big newspapers. we're watching it. also watching what happens right now with steve mnuchin, the next treasury secretary of the united states. what he said some time ago about the tax cuts being cooked up for the upper income for folks like charles payne, they might not be what they appear. in other words, you'll get a big tax cut, but it might not be as big as you thought. in fact, i raise this issue with kevin brady. here's what he had to say.
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>> will the rich see a net tax deduction? >> it depends. we're going very bold -- neil: are you as the chairman of the committee going to try to offset their limits on the deductions? >> so we're really focused on how simple we can make the tax code. so that's our primary -- the middle class and working class rate cuts are going to be significant. . neil: all right. we do know a three-planned rates from the seven we have right now. we do know a top rate there envisioning 33% versus the official 36.9% we have. but as charles payne, my friend, can tell you that's a lot higher on the obamacare surtaxes on the rich. but, again, he danced around the idea, charles, that the well to do would be getting as big of a tax cut as is highlighted here. what do you think of that? >> you know, i think there's some anxiety within the administration to balance, you
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know, the lower tax rates, corporate and individual with some sort of set assisted, you know? the acknowledgment that even if you're a pure cider, more money in pockets, more money in corporations bottom line will induce more activity in the economy, and that brings up shortcomings in the rates, that that might lag. so maybe to appease a lot of folks out there, particularly on the republican side who already say 20 trillion in debt is too much, to pile on that and the sake of giving so-called rich people extra money is a dangerous thing to do. neil: what would it do on wall street? and what would it do to your clients, many of whom who are in that group who would say wait a minute. i've crunched the numbers, and it's not going to be so big. >> yeah. i would suspect there would be something. if it's not 33%, even 35 -- i think some sort of. neil: but then when all washes out the, the advertised savings won't be the same. there's no, by the way,
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statistically you could even take away deductions to zero and can you get rates that much should still pay a lot less in taxes. but what do you think of all of this? >> i think there would be some disappointment, and i don't think it's going to happen. i think there will be some sort of dab i think there will be tax cuts across the board. you know, i think the trump administration's not looking at the so-called rich as the enemy as someone who somehow suckered the rest of the nation. you know, i think they're rightfully going to look at the so-called rich as the folks who have the coattails. so when they do well, their coattails carry a lot of people along for the ride. and, by the way, there's already evidence that they're spending. you look at stocks like thor, they make rvs. that's the ultimate consumer discretionary item. stocks soaring. the stock is soaring. there's a company called marine maximums, number one retailer boat in this country. stocks are soaring. the earnings went through the roof last time they reported. so it would be crazy not to have that part of the economy
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participating in the economy. neil: yeah, we're watching the president with the prime minister who is just a little over a year ago with barack obama taking the same stroll connecting the oval office with the rest of the west wing. how do you think these two are going to get along? does the market care whether they get along or not? we have the bond, number one trade partner. what do you think? >> i think the market understands that they'll never be friends and there's a economic relationship that no one wants to rock that boat, and we're very close and beyond economics, you know? you just had a guest who's married to a canadian woman. one of the women who was at the meeting this morning, this afternoon when they went around the around the table and talked about the 400 daily trips across the border. each every day, you know, involving her country. 400 trips back and forth. we've got a very tight relationship with them. so they just won't be friends, but i don't think they'll mess it up. neil: yeah, it's such a big geographically big country,
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and they just crossed 30 million citizens. and here we have over what? 300million. charles: i've always been envious to canada with respect to their education system. i used to be stationed up in north dakota. and they've got some things, some really interesting things that are worth admiring, you know? and of course they've come on pretty nicely. 30million, not a lot of people, but they rely heavily on natural resources, and they're in the same boat as us. they want fossil fuels to be used around the world and take advantage of it. neil: what do you think of these chris christie rumors? he's going to have lunch at the white house, and i think. now, the word originally the new jersey governor passed up or wasn't intrigued by the job offers he was given in the white house. and that the move to washington wasn't worth it. now, that would mean that some of the top positions weren't available. trish: right. neil: this would mean
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something different. charles: although wouldn't extrapolate getting mike flynn's job. i remember hillary clinton's stop in atlantic city and dissed chris christie saying he's always hanging on donald trump's coat. was a candidate long before other seasoned and popular politicians. neil: ahead of jeff sessions who wasn't running against him. charles: he was there every step of the way. so i think there's a certain sense of heartbreak. again, there was bridge gate, the outcome of bridge gate. neil: but he has another year to go. i mean, in november there's going to be a new election for a new governor. so, you know, nine, ten months, you know? charles: although -- yeah. it's a tough one. i think the administration would like to find some place for chris christie. he was a loyal, loyal soldier, if you will, and i think he's continued even after everything has been set and done. neil: what do you think of this rally? i'm calling it the adele rally.
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i know you're a big adele fan. what do you think? charles: new highs, i talked about it on my show. watch caterpillar, watch u.s. steel. i've been talking about it on day one. but now it's interesting because wall street's getting in on the ban wagon. caterpillar got two upgrades last week. u.s. steel got an upgrade. neil: you are ahead of these guys a lot, and i've seen the proof in the charts to prove it. but then when everyone else goes on viewing what you see, is that when you get out or tell your clients to get out? >> i used to to do that new jerk, and i don't anymore. because if goldman sachs puts it in next week, it's going to be 10% to the upside. before i used to say they're in, let me get out. now i wait because something like this is just absolutely enormous. and it's -- you just don't want to try to predict the to t. neil: did you see the beyoncé video? >> i saw photos of her. . neil: do you think that she had the grammy and then after that -- [laughter] they said, no, we're not going
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to give you. >> well, i have variety on my twitter feed and a couple others, and they said it was pretty good. neil: i think she had -- charles: did you just miss the point? . neil: i don't know what the point was. i know there was something in a chair. charles: you know, i just saw the woman joy with the make america great -- neil: that was cool. trish: and after i saw that, i didn't think there was any need to watch it. how could they top that? . neil: adele singing? charles: yeah, that's true. neil: this is the way charles and i roll. we're just big artists if you will. we've got a lot coming up. the president could comment on what's going on with that immigration order, whether there's going to be a new order, redesign it. we do get more details on this chris christie thing at the white house tomorrow because that has a lot of folks wondering what the heck? and is there something for the new jersey governor after all? and as charles rightly pointed out, he was one of the earliest backers at a time when instantly gave establishment credited to
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donald trump in the early days that was soon after chris christie had failed to win the new hampshire primary. i think he placed fifth. but nevertheless, for establishment politician to sort of say, look, i like this guy, trump. maybe this is time the favor is returned. we shall see. you are watching fox business hey nicole. hey! i just wanted to thank your support team for walking me through my first options trade. we only do it for everyone gary. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary.
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. neil: all right. ever since being shot down in the ninth circuit court of appeals, everyone's wondering what is president trump going to do now on a new executive order or anything on better vetting of those who try to come into this country? chief counsel of the american center for law and justice on
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that. what do you envision, jay? >> i expect a new executive order. maybe even later today or tomorrow. and i think that executive order is going to put in place the clarification. and that is those with green cards or visa holders left-handed be subject to this particular executive order. it was unclear in the initial one you then had the white house directive clarifying it. i think you cleaned it up that way and put it in there. there's another question that could come up, neil, and that is the president did authorize for exemption purposes religious minorities. that doesn't actually have to be in the executive order. it can be. but it doesn't have to be because under the law, that exemption so to speak is already in place. so i think they're going to tighten this up and make it as bulletproof as they can, knowing they're going to have a hostile court no matter what they do. but that's a case you win at the supreme court. neil: i always wonder if it's too late for that, jay. in other words, would it be enough to win over judges who
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might immediately pounce? and whether there's a time for having done that or straighten things out for the green cardhoe others. that should have been done at the outside. it was and now everything he does is going to be picked apart. >> look, i think you're bringing up something, neil, that's real. it's not real in the claws, it's real in the public opinion. because i do think no matter what the president does here, he's going to be attacked for it. and the fact is, though, if i were the attorney general, now we have jeff sessions in there. what i would do is get the best order you could have forward. i would put it forward to protect -- the issue is protecting the united states. we need to close this gap that exists for the seven countries. put that expect order in place, defend it aggressively if you lose at the court of appeals, which is prabble. take it to the supreme court, and you've got the order in place. and it also mutes out this existing litigation. but, look, in part the cat's out of the bag, the problem already exist exists. but i don't think it's beyond redemption here. neil: do you think -- i guess
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there's a risk, and i know there's adistinctions between executive orders or executive memoranda and general and all. but do you think that he almost came out the gate not just on this but on so many orders, so many quick-moving developments that he ended tripping himself up and the strategy going forward might be more measured? what do you think? >> well, i think, look, when you're defending an executive order, the white house shouldn't be operating, and i am sure they are now under the assumption of what you're going to do is going to be challenged. as it has been in most administrations when something like this. so you have to be prepared for the challenge here. . neil: but do you think he's prepared for such an immediate challenge? i guess that's what i meant. >> i think he had to be, and they weren't. i don't necessarily blame that -- boy, i don't blame the president the president for that. neil: you're right. we had no attorney general. yeah. >> yeah, and that impacted how this case was presented. and that got it off to the wrong foot.
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you heard those arguments, you saw those arguments. it was painful to watch, and it was hard to recover from in this particular litigation, so i think the reality is at the end of the day here the president is ready. the department of justice is now ready. they will defend. . neil: all right. thank you very much. great catching you with you. >> thanks, neil,. neil: all right. let's take a look at corner of wall and broadway. apple is a big reason for this and there is a del connection there as well. i know a lot of people have been focused on the fact that later on this year it's going to have a new ten-year anniversary iphone 8 out. everyone's bragging about it. but they also have itunes and who do you think is the most downloaded performer? or among them? hello. i'll leave it there. hello.
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>> i'm adam shapiro on floor of
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new york stock exchange. market enjoying a strong push. apple stock could close at new record high today. a lot has to do with enthusiasm regarding leaks regarding the reveal of the iphone 8. we expect tim cook to go on stage in september. the iphone 8 might have a 3d viewer and augmented reality. that is fancy say of saying better viewing and enhancement. keep in mind,, i iphone sales were roughly 57% of apple revenue. keep in mind other apple products are not soling as well as iphone. goldman sachs raising 2017-2018 estimates to 235 million.
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as far as august menned reality, don't confuse that with too many scotchs on a saturday night. neil cavuto, back to you. neil: thank you, very much. we're getting word where the president and prime minister of canada is holding a news con for instance. michael flynn already apologized to vice president pence. that is according to fox source. what he said or did not say to russian authorities at time as a private citizen. some of this slips into illegality territory here depending on the lawyer you talk to. to former navy seal carl higbie, dangers getting too rough on him now or dumping him now. let me get the latest. i don't know the exact law on this, if he were to have talked about, you know, sanctions in place, and getting sanctions removed, that crosses the line that is illegal and he could be in big trouble. if he told others about it and they didn't say anything, big,
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big trouble but danger with getting rid of him, all of a sudden the knives are out for the next guy and next guy after that, right? >> right. i don't know anything beyond what is being reported right now but i know mike flynn fairly decently. i've always known him to be an honorable, honest guy. i was a little shocked by this i don't know if there is any validity. they haven't confirmed a ton of this stuff. mike flynn is not doing a bad job. this is something that should be smoothed over in the white house and he should be kept. neil: much has made this, happened before in between administrations where obviously those who are going to serve in that administration do talk to foreign leaders and foreign officials if you will. i guess policy is never formally comes up, sort of like a feeling out process because you don't want to be caught completely surprised when a new team takes over but what are the rules on
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this sort of stuff, do you know? >> honestly i couldn't tell you what the rules are, speaking to it outside of office prior to being elected. there are things you have to report while you're speaking in the office, i just don't understand here why this is become such a big issue because like i said, i believe general flynn to be a very honorable guy, if he did it before office and talked to and hashed out internally. problem you have two factions in the white house. you have the establishment guys and originalists, guys with trump from day one. there is a lot of knives going on between them right now. it is making it difficult for trump to do his job properly. neil: a lot of rumors go back and forth, that involve you, carl, i don't know they are much you can say. they're talking to you about a job in the administration? >> earlier this week, this was news to me when a reporter called me. i'm willing to offer my services as white house. white house press secretary was not one of the once.
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if press secretary sean spicer called me tomorrow, i need help with whatever i would have his back all the way. i think he is doing a fine job. "saturday night live" is beating him pretty bad but i think he will get through it. neil: if he were to talk to you, i'm sick of dealing with, better luck with the press corps, what would you say? >> i don't know if i could do better josh than sean spicer. i'm honored to serve in any capacity. i supported donald trump from day one, whatever he needs or what he wants, even if it involves walking into a media shooting gallery. neil: you have a the advantage of beating up any questioner you fine offense sy. that is never been explored. i don't know if you talk about this, talk in new jersey media chris christie will be have ising lunch at the white house tomorrow. what do you make of that? >> i think, you know, chris christie was got uninvolved during the transition.
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a some people were soured by what he was doing there. i don't know the details. can't hurt to have good ally like chris christie. had trump not been in the race last election, chris christie would have gone substantially father than he was is is only straight talker. i like chris christie. he is a good guy. neil: done a lot of good in new jersey. >> there is not a lot of good in new jersey. you can't make a left-hand turn. neil: that's right. he has shot down a lot of tax increases. every single one, over 300. >> yeah. neil: thank you very much. keep us posted. carl higbie. >> we'll do, thanks, neil. neil: who knows what is next. we're getting word from trump senior policy advisor steven miller, this is proof of widespread voter fraud. really? we thought we would call him. he is next. ♪ when you have $7.95 online u.s. equity trades,
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>> we know for a fact you have massive numbers of non-citizens in this country. nobody disputes that. many, many highly cold people, chris coback, kansas secretary of state and looked deeply into this issue and confirmed it to be true. i suggest you invite chris coback on the show and evidence of voter fraud in greater detail. neil: we have chris cocac here,
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the kansas secretary of state. he has proof of widespread voter fraud. sir great to have you. let me have proof. >> good to be with you. the there is different kinds of voter fraud. the kind stephen miller are registered more tan one state and cast double votes. live in massachusetts and go vote in new hampshire. kansas has been host of next decade interstate cross-check. this is 30 state consortium keeping voter rolls clean and seeing if people are registered in more than one state. 3 million people are registered more than one state. it is no crime to be registered in pour than one state. it is a crime if you try to vote in two states. every year, thousands of people do vote. neil: not three million. not millions? >> well, probably not 3 million but you can get to larger numbers start talking about non-citizen voting. neil: do you really this that indicates it goes into millions?
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when i think widespread, sir, i think now we're talking into the millions that could materially affect results. >> so, if you're looking at the problem of non-citizens voting we have a lot of evidence there to. in kansas because we're litigating over our proof of citizenship requirement, we have expert who analyzed our voter rolls things as many as 18,000 non-citizens on roles and many could be voting. neil: take the 18,000. take the 18,000 non-citizens voting. you said many of them voting. how many of those 18,000? >> well, i suspect that the participation rate among non-citizens is well below the normal participation rate. below 10 to 20%. here is the point i would get to. there was study of 2008 presidential election. it found 11.3% of aliens living in the united states said that they voted in that election, not just registered, but voted.
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if you compare that 11.3% to the number of aliens in the country today, which is about 29 million, if you count legal and illegal -- neil: have they verified those numbers in the past? one thing people were to say that. another thing to quantify and say that is the case. >> no. that is a projection, but if you look that projection and applieu would be talking in excess of, in excess of 3 million aliens voting. to nail it down at state by state level that is the job of the secretary of state. for example, we presented evidence this court case of 115 individuals we identified on our voter roles. that is the tip of the iceberg, because there nothing on the voter rolls this guy is alien. name, date of birth -- neil: secretary, trying to keep track in your state and trying to be honest to track when you can. >> yeah. neil: when i hear someone complain of widespread voter fraud, i hear in the president saying that millions of illegals voted for millions who shouldn't have voted voted, and materially changed the popular vote
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results, why, how could he make a statement like that? do you really believe that, and i know how we elect our presidents through the electoral vote, people can whine and complain about the popular vote. would campaign very differently based on the popular vote. seems to me that the president winced at the notion that he lost the popular vote and is trying to say that that was a sham because the popular vote was rigged as well. it just sounds kooky, doesn't it? >> we do know, very large number, not possible to know the exact number of citizens. neil: not millions, right? >> i think it was. in excess of a million, take the whole country, i think in excess of a million take entire country for sure. the other thing the president was -- neil: enough to turn the popular vote another way? say it was millions who voted, would turn the outcome of popular vote? >> well you would have to then assume the vast majority of them
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voted for clinton, not trump. neil: that is exactly right. statistical -- of that are crazy. >> well, and so we can't know but it is certainly possible. and other thing -- neil: i don't think you believe it. i don't think you believe it. i think you're very smart. you find the whole thing too incredible to believe. you found and cited, duplicative voting people registered in multiple states vote. to your point, they vote in one state or the other not both, right. >> but remember this, neil. if it's a close election like it was in new hampshire where trump lost by 2700 votes. if you have just a few thousand that is enough to swing a state in close election. neil: or the other way around, state that are close went to trump like michigan. >> sure, exactly. it could go the other way. neil: do you think it did? that is hurt hillary clinton in some state where the vote might have been very different if we
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were to scrutinize it again? >> you know, depends on which category of voter you're looking at. people who double vote in more than one state you see it happens this both parties, goes both ways. from the evidence we've seen, when non-citizens vote, that tends to go in favor of democrats but again, you can't nail that down too, you find tip of the iceberg. neil: what bothers me, it impugns the entire process when we get into this debate and spend all of this money about widespread voter fraud that would have to be in millions, to say the popular vote ruts, we're wasting our time, aren't we. >> well, no, that is the job of the secretary of state is to try to secure the integrity of elections. neil: i know you're chasing a ghost, right? >> well, no. i actually have the power to prosecute voter fraud. neil: i know you do. do you think it would have affected the results? changed the results, that popular vote would have fon to donald trump? >> not in kansas.
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take some really big states like california, texas, some of the states that have is large alien population you could have more than a million votes that were, that were not legitimate. neil: or you could in some of those close industrial sits that went to donald trump where it could have been hillary clinton? >> yep. that is theoretically possible too, there is no question. we don't know. one great thing about the american system your vote is confidential, we don't know which person that individual voted for, who voted fraud lentorly. neil: chris coback, kansas secretary of state. more after this.
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>> jeff flock walking the floor of the cme in chicago where the big story in oil today is compliance on the part of opec, 1.8 million barrels per day taken out of production. that should be great news, shouldn't it, for oil? oil should be up today, right?
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look at oil it is actually down about a dollar, about 2%, because some people point to the stronger dollar today as well as private measures of compliance not quite as robust, demand up worldwide. take a look what that has meant for oil over the course of the year though? this time last year oil was actually half of what it is today, $26 a barrel, february 2016. gas prices? they have been flatter than a pancake. $2.28 average gallon of regular today. same as it was yesterday. same as it was last week. almost the same as it was last month. gas prices going nowhere fast. phil flynn, by the way, neil, called this compliance on part of opec, he will be on with me, if he called it he would have bet prices would go up. did he lose money or bain? i will ask him next hour. neil: i would love to see him lose money, for the hell of it. >> just for once. neil: jeff, thank you very much. you're the best.
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another guy amazing. geraldo rivera is here at a time we're focusing on what the president and prime minister of canada will talk about. you knew the prime minister's dad. >> i did. his mom and dad, yeah. neil: they get along, iconic relationship between the trump families and trudeaus which amaze me. but i do want to ask you, a quick question on that first, with we can expect out of these two leaders. you never know how they're really getting along. they're polar opposites. what do you think? >> i think they will do the right thing, the one thing about justin trudeau like donald trump he is a movie star. that is one of the things people didn't understand trump was coming up, why i could forecast early on he would win the whole damn thing. he was only movie star with 16, 11 candidates. justin trudeau has the same charisma. he knows how to command the public stage. when saw you them greeting each other, they put on a great show
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of real comradery and personal vibe between the two, i think it bodes well for the u.s.-canadian relationship. i only wish same thing happened with mexico. neil: well, you know, we'll have to see, but let me ask you, you've gotten some attention of late by yale i guess renaming this calhoun college. you severed all ties with the university. explain what happened. >> well i was, what is called an associate fellow. you know kind of like honorary. neil: big deal. >> not that big of a deal. i don't want people to think, i could never get into yale. as a matter of fact my wife is mad at me now because she thinks i hurt the chances of our 11-year-old getting into yale by resigning. reason i did it, challenge hewn college dates back to the 19th century. john c. calhoun was prominent segregationist. he had abhorrent feelings about
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savory and african-americans, that is all true. to judge him in his great activities in the 1820s, to judge him by the standards of the 21st century, don't want his name on the college -- neil: been there forever,. >> forever. neil: did they ever try to remove it in prior years? >> negative done it. this started when one african-american student busted out a stained-glass window portrayed scenery or scenes obnoxious scenes with slaves in them from the 19th century. i shouldn't be forced to go to school under these circumstances. for the last two years. the university has been in turmoil. they finally as seeded to political correctness. my point, if you take john calhoun's name off calhoun college, what will you call washington, d.c.? washington was slaveholder. jefferson, had a whole
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african-american family. neil: in the south they're removing statues of southern generals. attorney mountain want to white on the leaders. >> the flying of the confederate battle flag is different issue. why? because that really became popular in the early 1960s as a response to the movement to get civil rights legislation passed. so screw you. we're not going to do your civil rights legislation. if we do, do it reluctantly. our sign of defiance flying confederate battle flag. that is political statement. calhoun's name from calhoun college 200 years ago is his tore -- historic statement. you can't rewrite history. it is childish and spoiled. neil: what did you say when you said i'm out of here. >> they were very, very gracious is. they're hurt. the university has been convulsed by this i think they are going to be embarrassed. i think you know, this whole wave of intolerance to the first
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amendment, and freedom of speech on college campuses is much bigger story. i'm a little tiny, little mini ps on a bigger story, if the left won't allow the right to speak, isn't that just as bad the right not allowing the left? neil: that is very good point. this makes you a riddle wrapped in a kahn -- conundrum. were you happy? >> i thought adele ripping grammy in half and sharing with beyonce. neil: kind of bugged me. didn't you think beyonce had it and the song, took it back secretly? no. >> no. i like adele also. neil: very diplomatic. geraldo is the is best. coming up looking at the record run in the dow. of course waiting for the joint press conference. those are always pay-per-view event because president trump always likes to end them early. the other foreign leaders is caught unawares. wait a minute i just got here,
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neil: all right. president trump, canadian prime minister trudeau are set to hold a joint news conference just moments from now. ahead of that counterterror analyst ryan morrow on the dangers of a border that's way too open, way too accessible i guess no matter where you are. it's never been deemed a big worry, if you think about it, between our two countries, ryan, but i though there are a lot of folks in the trump administration who are worried about it as well. where do you think all of this is going? >> well, there's got to be more focus on the canadian border because counterterrorism experts have talked about this for year ands and years that, yes, the mexican border is getting a lot of attention, but there was a study done by the u.s. government a few years ago that found that literally 1 of the canadian border -- 1% of the canadian border could be deemed as adequately secure, and
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there's a history of operators trying to get into the united states from canada. so hopefully, that's on the agenda. publicly, at least, this is something i haven't seen president trump really raise. neil: do you think there's any danger now looking at it where our relations become frayed, these two countries? because we've always been the best of friends through all types of governments and all types of mack nations, but that -- machinations, but that it might get tested here? >> i think so. if you look at how trudeau is handling trump, he's making himself the anti-trump.cent days supporters have been out there saying, well, we welcome refugees because they've saying, well, if the united states is not going to welcome refugees in, then come to canada. but i find the contrast to be a little insulting as an american even though i have some criticisms of trump's immigration plan because it's implying we're anti-refugee. but if you hook at the executive order, it's a 120-day pause, and it's written in the executive order that there can be
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exceptions after that period even from countries that we're not accepting visas from. it is considered to be cause hardship on someone if you reject them, then there's an exception for that. if it's deemed in the national interest to let you into the country, there's an exception for that. if you're suffering religious persecution, there's an exception for that, and that exception could conceivably apply to moderate muslims facing persecution. neil: now, if you think about it, trudeau just head a big deal last week some of the refugees that had been taken into the country, he's very proud of that and canada's record on that. how do you think that's going down with this president? [laughter] >> i'm sure he's going to have some not-so-kind words to say to him privately and maybe some of that will leak out as has been the pattern lately. but if canada touts itself as being a master of vetting, they've had plenty of security gaps that we've seen just in recent years. there was an individual who was connected to isis who they
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charged with going to turkey and trying to engage in passport fraud. but then even though he was not allowed to leave the country, not allowed to get a passport or fly around the world, he still was able to do that and flew to syria and then came back to canada: so don't tell me they have this perfect vetting system that we don't have. they have major gaps. and that threatens us, because if they let in someone that's an extremist, they can cross the border and attack us, and we pay the price for it. neil: ryan, thank you. national security analyst. and we're about 45 seconds away, thereabouts, with the two leaders, probably the closest border friends in the world here, our two countries are thick as thieves, as they say. but, again, they have the dance around an issue here on which they do not agree, including environmental issues and even this refugee issue. let's go to ashley webster who's sitting in for trish regan. ashley, i'd be remiss if i
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didn't get your thoughts on adele. [laughter] >> well, you know, you could call in the beyonce bump, but it's not, it's the adele bump. your french translation is as good as your impersonation as someone from scotland -- neil: it beats your british accent. ashley: with what? [laughter] an australian with a speech impediment, i called it, and that's being kind. [laughter] anyway, we wait for donald trump and justin trudeau. thank you very much, neil. breaking this hour, indeed, president trump will be holding a joint news conference with the canadian prime minister any minute now. we see the two empty podiums just ready to go. we'll bring you that as soon as it begins, in just a few minutes here. i am ashley webster in today for trish regan. welcome, everyone, to "the intelligence report." president trump and prime minister trudeau meeting for the very first time face to face today. the leader discussing everything from strengthening u.s./canada ties to the advancement of women in business.

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