tv Cavuto Coast to Coast FOX Business May 9, 2017 12:00pm-2:01pm EDT
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watch out, specific to relative volatility could be very painful even if the market is calm. if your stock misses, your company misses earnings, watch out. charles: i think these are overreactions. i wish we didn't have quarterly earnings. emac, peter you're great. now of course the man himself, neil cavuto. always great. neil: i love you man. charles, thank you very, very much, a great show as always. we have a lot more we're following up. in the middle of earnings season charles has told you we're about 3/4 of the way through this and they're reporting better than expected numbers. backlash over republican party that wants to fix health care but you wouldn't know the from the back and forth at town hall meetings where, all but framed as murderers. take a look. >> reach an agreement on a bipartisan basis to fund the government. neil: got that wrong. there have been at least two, two major town hall forums where
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the republican congressman in question has been raked over the coals as to what republicans are doing. are they taking this thing apart? what we do know at this point, it is in the senate's hands. the senate will take its sweet time on this there is no rush for this. the markets interpret that to mean, all right, fine, to come up with something even though you start from scratch, so be it. but it could delay the tax cut thing. many, many times, delay in the tax cut is something that could be a problem because if it is pushed into next year, guess what? growing talk it will be difficult in middle after midterm election year, and midterm election year, republicans could, potentially lose. fascinating report that the cook report has uncanny track record on this stuff, more than likely ne year, republicans lose the house. now you might say, wait a minute it, would take 24 swapped seats to dot that? it has happened in the past. we've seen it multiple times.
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in fact every decade there is a sort of a titanic shift in thinking that leads to a big swing in the number of representatives, certainly in the house. we've seen it in the senate as well. so we are due for that. the last big switch was 2006. now the pressure building maybe 2018 could, really forecast the same events. to the "politico" capitol hill reporter rachel bay, daily caller's white house correspondent, caitlyn collins. what do you think of that the gist of the cook report that republicans are stumbling into the midterm? i stress still early to say that things can and often do change but what do you make of that, that sentiment that is building, republicans could lose this thing? >> you're exactly right it is way too early to tell on this the risk of this happening is possible but it is very, very small. like you said, they have to switch over 24 seats. now these are in places where republicans typically win.
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and we already know that republican turnout is much higher during primaries. so i don't think there really that big of a risk of losing their majority unless something really scandalous happens next year. neil: part of the thinking goes like this, that maybe there is a populist wave that just stopped, rachel. that maybe the french election on the heels of what happened in austria and net letter lands where populist right leaning candidates went down to defeat that maybe there is a shift in sentiment? that is all you need to turn the house? what do you think? >> i think you're both right, that 2018 is still a long way off. that being said, health carry affects everyone. it could be the issue that puts the house in play. we're looking at swing districts across the country, seeing a lot of really angry constituents at town halls, but those are often progressive constituents showing up and shoutings causing these scenes.
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you have to look at the republican base. and the fact is if republicans do not follow through on campaign promises that they have made, for the past two years, they could have an issue in their own base. so we're talking about voter depression, voter turnout in 2018. if they repeal this, sure they will get blasted by the left, potentially, definitely see some problems in the middle but if they don't do it, they could have just as many problems in 2018 as they do now. neil: if that were to happen, caitlyn, in other words, if there is sentiment building, wait a minute, republicans could lose the majority in the house, you both stress way to early to tell, could be self-fulfilling prophecy, republicans heretofore look for running for re-elections or republicans in democratic districts looking to run against incumbent democrats, think about iter of it? in other words almost grease the skids for just that? >> i think only way they lose seats if people retire.
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that is when it most likely another party will take over that seat for them. but i think a lot of people are worked up about this health care bill right now but it still has to go through the senate. this will be a long drawn-out process. mitch mcconnell will not rush this. he will take his time on it. health care bill will probably look a lot different than the senate is done with it when it passed the house. neil: i will end with you on this, this idea if that were to happen all of a sudden, rachel, that, mcconnell takes his time. this is, a fall event or late summer event, which some have it done, goes back to the house, they have to patch up and somehow reconcile these differences which would be substantial. let's say they do get something that does lead to a repealing and replacement of obamacare? now we're well into the fall, this is my timeline prediction, i could be very wrong, i doubt it, but all of a sudden the time for tax cuts has evaporated or has it?
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>> i think that is exactly right. paul ryan, the speak of the house, said this morning he is hoping that the senate only takes about a moh or two to put together a package. we have republican sources in the senate who think that is even optimistic. once they write this more moderate bill, they will have to figure out how they are going to get that through the more conservative house, which means, you know, another month at least of negotiations and trying to find a bill that can pass both chambers. i agree, it will be the fall likely. that means tax reform, which you were talking about previously, is probably not going to start until at least the fall. if not early 2018. if they kick it into 2018, that is campaign season which makes every single vote harder. so we have this question whether they -- neil: what about after 2018. if charlie cook and the cook report are right, he has been right before on these type of trends all of a sudden they won't have the opportunity with that body, potentially under
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democratic control, speaker pelosi, let's say might not be, you know preordained to accept tax cuts, right? i leave you both thinking. i like that. i want to thank you both. thank you, thank you very much. president bam famously said it is courageous, courageous to stand by his health care law. it is courageous to do the right thing. in fact he was honored at a jf k-1 hundredth honorary event, celebrating the 100th anniversary of the former president's birthday. that is profile in courage. that is what he won for. it got me thinking, is it courageous, is it mark of courage to support something that guarranties health benefits for all but are born for a few. chris at this setzer says it is. republican strategist, says is it is not. i think jfk would be rolling in his grave heard it as profile in courage to support a law, whatever you think about
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providing health care for all, that it is a mark of bravery to support something whose costs would be borne by a few? >> yeah, you call it, he calls it courage. i call it stupidity to continue to support a law that has been a disaster for our country since the very beginning. that nancy pelosi herself said wasn't read until it was passed. that has stripped people of individual rights, i don't call supporting that courageous. like i said i call it pretty unintelligent. i think the real courage was the american people to show up and vote to give us a republican house, a republican senate and republican president, who can change the way, can change the status quo. i think the real courage will be the people who can go in to put a deal together that will fundamentally change our health care system. neil: christie, i'm sure you agree with everything just said here. i will leave that as a moot point. one of the things i isn't it more, whether you agree or disagree with what republicans
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trying to do, isn't it more courageous they're attempting to do, they're running into buzzsaw of nasty town hall meetings, people saying they're trying to kill off americans, strip people of health care, make them sick to the point that they die on the vine? and knowing that to make this better, i think democrats and republicans agree, indeed some financial shoring up, math itself doesn't support it, that the courage again is to on challenges this? what do you think? >> i think that the courage, sure, would be in seeing that the bill, that the law needs some fixes, but that is not what is being proposed by republicans. even in the previous version only 17% of americans said they supported the bill because they knew based on the cbo score, that at least 24 million americans would lose coverage given what republicans proposed. neil: i think -- >> we don't know what it will look like. neil: the study you alluded to
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growth, numbers bringing on to the system, it woo slow by 24 million. we just don't know. >> right. neil: what i'm asking you, americans have seen effect of higher premiums, they're told it would have been a lot worse without the affordable care act. do you agree with that, christie? >> absolutely i do. that was -- neil: weever know. like proving a negate? it is bad but it would have been hell of a lot worse. >> what would be more expensive f we go to high-risk pools that republicans are proposing talking about premiums start $1000 a month, if you happen to unfortunately be in that high-risk pool. say you have a preexisting condition, through obviously no fault of your own. maybe you will have to pay $20,000 a month, god forbid you have cancer, let's say. look, i just don't think it is morally courageous of americans to say that because you don't make enough money, you should die because you don't have health care. neil: i don't think anyone is advocating that position. i know where you're coming from, ashley the bottom line seems to
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me, that i have a different definition of courage. i talk to a lot of doctors, i talk to a lot of specialists. my big fear seems to be they are being left out of the equation, when they say to man and woman, not all of them, ones i met, they're concerned, they're very, very worried, they don't know whether this system will do the trick or president obama's system will continue to do the trick, right now they're hat happy campers. that can't be a good sign. >> for president obama to say it is corageous to continue support something that is broken regardless what the alternative -- look alternative is right now, that is just false. that is a very poor definition of courage. neil: all right. guys, i want to thank you both very, very much good having you. we're keeping an eye on apple. in and out of record levels here. first 800 million-dollar company. next stop a trillion dollars? if you throw in the $256 billion
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cash it is sitting on it is already there. it is the highest market cap of any company on the planet right now. now the question, does momentum continue? have you seen this? i want to he show you something here. this is what happens when people find out, wait a minute, you don't carry fbn?!. this is having to do with spirit airlines canceling flights. you don't do that. you don't do that. this is ridiculous. ♪ when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world.
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neil: all right. there is something called the vix index, we follow very closely in this business. it sounds a little nerdy. right now it is registering its lowest reading since 1993. technically a lot of people look at that, say, well, if there is very little fear out there, that can't be a good thing because it is counterintuitive in that when there is very little fear, obviously people are too complacent, too happy, the market will go to hell in a hand basket this at that mom none we follow closely. people bet money on that. that fear gauge is such that people don't seem to be very worried. that is tempting a lot of investors.
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maybe among your friends and colleagues who rush into the market think nothing of it. a lot of pros who tell you, including sam zell, my special guest on "your world" at 4:00 p.m. sometimes the crowd is missing something. but when the crowd goes one way sam zell goes the other. what do make of that? we have two market watchers. heather, you're looking at this, seeing this, and saying what? not to worry or what? >> well, as you stated, neil, the vix, the fear indicator so to speak. neil: is usually a bullish sign when it is at all-time lows. that there is not a lot of volatility and panic ith marketplace right now but i'm actually going to take the opposite stance here because it is at all-time lows but we've had an amazing week of all of these macro events from policy out of washington to french elections, a great jobs report. so for volatility to be this
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low, it's almost a little bit eerie. the calm before the storm. neil: yeah, you know, it depends when you place it. 1993, if you think about that was right when bill clinton was taking over. and there were dour forecasts for the dow. then we know what happened after that.it took some years here but could be presaging continued good times or it could be presaging the opposite. where are you on this? >> well i got to tell you i'm kind of along the lines what you heard on fox business most of the morning it is terrific that is happening. neil: i love you who you incorporate fox business when you discuss things. i hope you took note of that. >> always, always. >> you have prove vern it is the best business channel in the world so only one to follow. reality is, neil, that i see a cognitive dissonance out there right now. think about this, neil. we had .7% gdp. we have a lack of productivity.
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we have basically full employment. we have allowed low interest rates to distort the markets dramatically. and so i tend to agree with heather. i couldn't be so complacent here right now. just assume that everything is going to be great because think about what happens to companies when they miss earning? i mean quarterly earnings come out -- neil: they haven't. 3/4 are beating estimates right? maybe it is justified. >> earnings are up 13% year-over-year roughly in the s&p 500 across the board but then why is gdp at .7 of 1% as craig alluding to? it doesn't make sense. the federal reserve came out and said this may be transitory. there will be revisions. gdp growth may pick up in the economy. that is still anemic number to have pull employment, no volatility and stock market near all-time highs. you hope it is not predicated on
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the fed and lo earnings expectations. >> neil? neil: go ahead, craig. >> think about what heather just said, it is so important. earnings up 13%, taking out liars like under armour that missed, went down 22% one day. you have a stock market that tripled since the lows of 2008, yet we had subbelow 2% growth. how do you justify a stock market that has tripled when you haven't had growth to compensate for that? neil: maybe because it is factoring in growth with tax cuts and all the -- you're not buying that right, heather. >> i don't buy that. go ahead. >> i hope so. all predicated on expectations. but the fed i think has helped prop this market up with low easy, low interest rates. >> absolutely. >> easy money will flock to the stock market and risk assets because there is nowhere else to put your money, neil. >> absolutely. people are chasing return, neil. only place you can go is the
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stock market. that is just not american investors, but the world. >> and fox business. neil: you're both invited back brilliant as you were. that is not a hard and fast rule. i throw that out there. this is one of the things we look at. a vix low seems to say investors are happy with the way things are going, hunky-dory, a lot of times that pans out exactly as it is. if you're contrarian, i don't know if everyone is so relieved and happy, not worried. maybe i should be but it is out there. there are plenty of examples on both sides. meanwhile the earnings pace continues after the bell we get disney earnings out. keep in mind they will look closely as espn where they had all the waves of layoffs. lori rothman at new york stock exchange with more how this parade is going particularly with a focus on disney. good to see you, lori.
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>> thank you, neil. back at you. espn is the most important unit of disney media holdings. the operating revenue from espn alone is bigger than movie studios and theme parks. with that said, look for net income $1.41 a share compared with $1.30 compared to year ago. q2 i'm giving you. disney just not provide revenue guidance. so the analyst, thomson reuters analysts are predicting growth for disney. watch espn in particular this subscriber growth. in the first quarter disney reported 762,000 subs dropped service. blame it on the so-called cord cutting phenomenon. also, cost cutting. they have got rising costs. they had a huge round of layoffs. espn laid of 100 workers a couple weeks ago. that sends a message to investors on wall street, they're really in need of some reform and some turn around
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plans. we'll listen closely to that. "after the bell" tonight you want to watch the numbers, "after the bell," 4:00 p.m. eastern. back to you. neil: thank you very very, very much, lori rothman. a lot of people look to disney earnings sort of entertainment mutual fund these days if you include theme passenger and television and high-tech holdings and the like, it is sort of a mutual fund investment on the status of that industry. so we'll watch that one very, very closely. those earnings come out right after the closing bell here, one of those more scrutinized earnings reports as well. in the meantime smartphone cameras seem to catch so much on planes these days, sometimes long before you get to a plane. that is in the case of spirit, if you haven't canceled that plane. if you haven't canceled those flights. this is what happened when spirit did just that. [shouting] at angie's list, we believe
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neil: all right. ivanka trump was supposed to meet with epa chief scott pruitt on climate change. they did do that. jared kushner is trying to be a peacemaker we're told between president trump and prime minister canada trudeau on this nafta thing. supposedly we're trying to hearing from the reports to talk, well, his father law out of negating that agreement. blake burman at the white house, these weird family ties. what is going on here, blake? >> to the latter, i was speaking with a white house official earlier this morning about this nafta report, if you go north of the border, read reports from there. canadian media, citing canadian government officials, jared kushner last month essentially tried to according to reports recruit justin trudeau, prime minister of canada to talk president trump out of pulling out of nafta.
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however there was pretty big pushback in this phone call that i had with this white house official who is very close to the situation. what this person told me was, that is not essentially the timeline of events. what i was told, basically the canadians reached out to kushner first, once they heard the president was thinking about pulling out of the deal. there were a couple conversations back and forth. kushner, hey, i can get the president on the phone. at that point it is when trudeau and president trump and kushner talked it out. this is issue for two of them. from there the two leaders had a phone call. a little bit of pushback from this white house today on that story. either way it is one of a couple headlines today, neil, of the influence of the children of the president, the son-in-law, jared kushner and donald trump, president trump's daughter, on the other story that you just talked about. it is ivanka trump on this day sitting down having coffee with epa head, scott pruitt as it
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relates to climate change. specifically the 2015 paris agreement struck by president obama, championed by his administration. on one end you have ivanka trump, jared kushner, rex tillerson. on the other hand appears steve bannon and some other folks in the white house saying look pull out of the deal. trump, kushner he saying this is something you might want to stay in. fascinating to dynamics when you have with these two with big international headlines coming out of this white house, neil. neil: buddy, thank you very, very much. i don't know if you ever gotten notice your car is being called for work you might want done. very few people follow up to have the work done. even though it doesn't cost them a penny. jeff flock on dangerous implications of all that. hey, jeff. reporter: this is story neil, we've been following for years literally on fox business. there is a crazy number of vehicles on the road today that
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have a safety open recall that have not been repaired. look at numbers. 63 million vehicles alone. compared to 37 vehicles a few years ago. 34% increase in last year. some states, texas, mississippi, louisiana, one in four vehicles on the road right now have a open safety recall that has not been fixed. to me the headline on this though, while that is all crazy enough, you can buy a car right now that has a safety recall problem that hasn't been fixed. you can just buy it without being told. survey of cars.com currently by fox business network found numerous examples of cars now on the market that have an open safety recall that hasn't been fixed. for example, down in georgia, you can buy yourself a 2010 chevy camaro that has ignition switch problem.
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you remember the gm ignition switch problems? that you can buy right now. an suv, 32,000 vehicle in virginia for sale right now with an airbag problem that has not been fixed. it is not against the law to sell vehicles that have not been repaired. but some dealerships now taking action. this one here in westmont illinois, autonation dealership, michael jackson, ceo of autonation, he at his dealerships will not sell any of those. check out the vin on nhtsa. neil: you say the dealer is no obligation to fix something gone out with notice toe address? >> on a new car it must be fixed. but on a used car they don't have to actually fix the problem. it is only used cars.
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called the used car loophole. kind of like the gun show loophole. kind of a deadly problem too potentially. neil: that is scary stuff. great reporting my friend, thank you very, very much. holy toledo. all right, this is what happens when you're waiting at the gate, you find out that your flight is canceled, let alone a few flights are canceled. spirit airlines experiencing that first-hand. i'm looking where is dagen? oh, there she is. there is dagen mcdowell. what happened? >> okay, i'm just going to school you on this i don't act like that at the airport because i don't want to get arrested. i love my job. i know that -- neil: we have flown in groups before, dagen. so i will play along. tell me you don't do this? >> i do not do that. i blame passengers in this country for making the flying experience so miserable. time and again the airlines are getting blamed. let me explain what happened with spirit airlines. there are about 300 flights that have been canceled by spirit in
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the last week or so. 20,000 passengers affected. but this is the run-of-the-mill melee you saw at fort lauderdale airport. this was ticket counter in the departures area if you will. the police had to show up and break up what was going on at the airport. the spirit airlines is actually sued the pilots and said that the pilots are conducting a work stoppage, as part of contract negotiations. listen, number one, if you're flying spirit, spirit year in, year out has the worst customer service ratings because of these super low-cost fares. they charge you for all these ancillary things including drinks. neil, when you're starting to see, people pull out the phones and they film these individuals, whether it is some father who refused to move his kids car seat, and that turns into a pay day for the family, or at least,
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instant fame, but you're starting, people will, they like the attention. you have all these people who go on tv they're all over social media, who are blaming the airlines, oh, flying is awful. yeah, it's a subway. what do you want? it's a subway. you have to go through security but it is doggone cheap to get you from coast to coast or wherever you need to go. stop being boarish or belligerent and stepping on my dog or kicking people's keds because you want to be first on board. that is advice for passengers. neil: very clear you have some issues here. what happened when you were flying? you mentioned, catch you on maria's show, you were phenomenal. you were talking about some guy tackled getting ahead to you on the sailplane, might sit next to you, but that is what happened to travel. >> that is my point, neil. that people want to say, well, the airlines are badly-run and
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staff isn't behaving properly. the root cause of the problem in terms of flying being a miserable experience is this the people behave miserably. i get, i get knocked in the head with some guy's carry-on bag almost every time i fly, and it has nothing to do -- neil: you think some personnel overdo it then, get a little rude? i mean -- >> so does the barista at starbucks, we don't hammer every coffee chain in the country. neil: i do because they screws up my name. nil. nil. >> if people stop behaving badly, take a big breath. go to security offer to be patted down. they love that. neil: no one takes me up on it. dagen, thank you very much. love, love, that woman. she is phenomenal. brilliant. when we come back, sanctuary city crackdown going on in texas. other states following suit. then there are a lot of human rights groups who say this goes too far.
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♪ neil: all right. it is a big state and he it is cracking down on sanctuary cities within its border. texas is doing something a few other states have tried, namely georgia, tennessee, mississippi, with the idea being if you're here illegally and you are hiding illegals here that is not going to fly. this new law would allow sheriffs to honor requests by the federal government to already hold those in jail who may be here illegally. simply it is enforcing what is already the federal law here on this stuff but some are seizing that it is racist, goes too far. even the mayor of austin and sheriffs in that community are saying no, no, this will not fly with us. center for immigration policy studies. is this overreach, jessica?
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>> no, not at all. it is simply affirming what law enforcement agencies and any local government institutions are, should be doing to begin with. what it does, it prevents local jurisdictions from enacting sanctuary policies that will interfere with the federal government's ability to enforce immigration laws which is something the public wants to see happen and something that protects public safety. nationwide there is something like 1000 criminal aliens that i.c.e. is trying to deport who are getting released by sanctuary jurisdictions, and the texas legislature and the governor said, not here. we're not doing that. we're not going to allow it, because there were a few places in texas that had started to enact these policies, and, so, they have nipped that in the bud right off the bat. and, so now these places have had to retreat from sanctuary policy and will follow federal law. neil: you know what i don't
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understand? when it is portrayed, many in the media, that the law would encourage racial profiling, how is that? >> well, i think that is really unfounded. that is desperate attempt to come up with an excuse to put up a wall between state and local law enforcement agencies and the federal government. they're saying texas officers may ask someone about immigration status if they have already been detained for a legitimate law enforcement purpose or they have been pulled over for some reason or encountered in some law enforcement action. that ability already exists in federal law. neil: can it be challenged in court, jessica? in other words, i don't know how you challenge something about the rights of illegals when they have no rights in a legal u.s. court but educate me here. >> well, you can be sure that it
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will be challenged because the anti-enforcement groups are practicing law-fare as a way to fight back the enforcement. they thought this through very carefully. the texas attorney general issued a legal opinion before this bill was voted on saying that it is not unconstitutional to cooperate with i.c.e. and in addition, just today, he is preemptively filing a lawsuit against one particular sanctuary jurisdiction in order to stave off this wave of, kind of legal haassment lawsuits that are into come from the anti-enforcement groups to try to stop it. he is saving texas taxpayers the need to pay to fight off those kinds of challenges by in one fell swoop saying, okay, you will see me in court. let's start it right now. neil: all right. >> i think they have set
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themselves up to survive any constitutional challenges to this. so, and this is good because it will be a model for other states as well. neil: we shall follow closely. jessica vaughn, good catching up with you. >> thanks, neil. neil: all right. if you have seen some of these images from venezuela, the fear is that the country could dissolve into out right civil war. looks like they're already there. after the bell co-host my friend david asman has been following venezuela for a long, long time. before he came here to become a big tv star he was -- >> i had a real life. neil: you had a real life. you were actual journalist writing for very, very profound pieces but 20 some odd years ago you were looking at this under hugo chavez. before that, here we are again. >> you know, it is incredible how we go through the same things no matter how many times experiments fail, there are people around willing to pick up the pendant, oh, this time we'll succeed. some very smart people in
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venezuela were committed to socialism years ago. when i first started covering it back in the '80s and '90s, they thought it sound good particularly since we have all the oil. 90% of venezuelan exports is oil. they're one of the richest oil countries in world but they're in absolute dire straits because of socialism. i met chavez, the first time i met chavez was in jail 25 years ago, when he tried to pull off a coup d'etat in venezuela against the president there. he failed. he was in jail. but he came back again. he was the one who put socialism on steroids. though we should remind viewers it was originally socialized back in 1976. that's when the country national ized the oil in the country. that is when they made a move towards socialism. chavez in the '90s took it full-scale socialism. that led to where we are now. some of these people are smart
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people. you can't say that somebody like bernie sanders is dumb but to look what is happening in venezuela that socialism works anywhere in the world, how could a smart person possibly believe that unless they're completely idealogically blind. neil: or they just think venezuela took it too far? >> perhaps, but again, it was a slow process. as i say, originally the oil was nationalized 40 years ago. because they had so much oil, it took decades but this is the inevitable conclusion. they have, as i say, nothing to export now except oil. it is not only price of oil has dropped. their production of oil has dropped off as well because chavez put all of his cronies in the oil business, people who were just political cronies. new nothing about engineering oil, became leaders, managers of the oil business. for that reason the whole country is in turmoil. neil: yeah. it is ridiculous, this new guy
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making chavez look like the pope. thank you, buddy. >> thank you. neil: great insight as well. way ahead of this curve a quarter of a century ago. i wasn't even born. amazing. >> okay. neil: no you didn't. remember when china was militarizing islands in the south china sea and elsewhere? now north korea is doing the same thing in it is neighborhood. see a pattern here? so do our military types. they're worried about it. what are they doing with those islands after this?
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because the time to think about tomorrow is today. guy they're calling liberal one in the south korean election, interpreted to be a little more pro unite two koreas, or forging closer ties between two koreas, that might cause problems for president trump, way too early to tell. north koreans hailed a victory and wishedded him well. satellite images of north korea militarizing islands in the northern peninsula, say this looks a lot what china is doing in the south china sea, when it took over islands it didn't have a right to, started clearing them, militarizing them, to retired navy captain chuck nash. wh do you make of all this? >> the north korns are
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experimenting with technology and trying to figure out what does it take to do something like this, to buildout these islands. a lot of expense for north koreans, once they decide to do something, money be damned, they just do it. so they're out there building it. it is 20 miles from the chinese border. so it is on the west side of the peninsula away from japan and in the yellow sea. so at this point, pretty sure it is probably a military launch facility because it is located very near an existing launch facility. neil: i think that was the same concern that you raised with me years ago concerning iran, it was spreading its nuclear stuff out all over the place. north korea seems to be potentially doing the same, right? >> you know, neil, the disturbing aspect of this is that this facility is near one of their space launch facilities and when they launch their space satellites, they're very small. in fact they're less than 200 pounds. it is not something that you
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could put a nuclear weapon in yet, but the orbits of those things are polar orbits, they're north-south. meaning they transverse the united states, coming up from florida right over the d.c., new york complex, and you know, they're going around the that's right way. if they were to orbit a nuclear weapon and then deorbit it, it would come down, you set that thing off at 300 kilometers up, and you have a electromagnetic pulse that could shut down the entire u.s. power grid and all computers and electronics we depend on for our normal living. neil: the argument against that ever happen something that the north koreans would surely know, that anything like that would prompt a response that would, would certainly cataclysmic for them, it would not be in their own interests to even try. what do you say. >> it would be cataclysmic for them, then you have to get into the mental state of kim jong-un. neil: very good point.
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>> are you dealing with a rational person? some people say yes. some analysts say no. the problem is, his rhetoric is extremely hostile. so at some point he will have a military capability that matches his rhetoric. that is going to be a dark day. neil: captain, good catching up with you even under these circumstances. thank you. >> you bet, neil, anytime. neil: following a couple elements. dow down a 11 points. amazing how resilient. nasdaq, technology, doing very nicely. apple doing nicely. technology stocks racing along. earnings raising along. three out of four beating expectations which were robust. when the final report card out of that quarter it will be better than in a decade. that is okay. then there are worries.
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[chanting] >> to real voters in november. voting against their health care. neil: the rages on over health care and attempt right now the part of the republican senate to deal with this. adam shapiro, what is happening and whether this is getting to be a sticky issue for republicans i'd rather not have. they are knee deep in it. reporter: they are. senate majority leader mitch mcconnell now controls the future of health care reform. this process will not be quick or simple or easy. right now, even though vice president though vice president pants is having lunch with republican senators, the topic of obamacare repeal and replace actually arrested 13 senators who are part of the republican working group aside the senate.
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orrin hatch, chairman of the senate finance committee says the house bill repealing up on the care which passed last week will not pass in the senate. this is expect it to alter the house bill. paul ran on "fox and friends" predict senate will likely force the tender. >> the legislation should not take that long. hopefully a month or two to get it through the senate. hopefully it takes a month or two. the ability to plan. insurers pulling out very quickly. we need to show the insurers there is a better system coming. reporter: meal, they need to do this so they can turn their attention to tax reform. senator mcconnell's working group has been excluding women like republican susan collins from maine and lisa murkowski from alaska. the challenge is to pass health care legislation in time for the house and senate to craft tax reform legislation.
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don't hold your breath on tax reform and 27 teen starting to come out of the weeds on that. drain to albright. adam shapiro, thank you very much. the report we are getting out of the cook report folks that it is looking increasingly likely. this is based on statistical analysis the republicans lose the house next year with 24 seats to do that. that might seem like a leap year ahead of the pack. the thinking goes like this but sometimes there are what happened in france but what we thought with the not so populist candidate winning in south korea. we've seen similar to rest for right wing candidate if you will in places like austria and the netherlands. so with that is right, time spacing for republicans to get all this done to improve their chances to "the intelligence report" trish regan on all of that. they take more days off.
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you know, there is in a lifetime time to make things right. >> this is complicated stuff. there's nothing out there. trying to come up with some type of solution. we have become the very best system in the world when it comes to survival rates. we have the best medical care for the catastrophic -- >> they're not adequately explaining how dire. talking about the fact that the mac doesn't support president up on this affordable care at and it's not a damning statement on the republican separate should take this over. then supported whether you like it or not. republicans never adequately explain it.
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obviously the town on hearings popping up during ticketed by the stuff the media seems to be playing them in same boat -- >> what common the media will scare the heck out of folks. addition and subtraction motherland multiplication. >> you're very few pain into this to support it. >> this is what you see. insurer after insurer pulling out because it doesn't make sense economically. the solution they have is to satisfy people with preexisting conditions because if you are an insurer and you have a pre-listing condition and to show up and get insurance and a week later you need not insurance, that's hard to
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manage. the flipside of that is now suddenly we have to trust our government to negotiate on behalf of anyone with a preexisting condition. that is scary in and of itself. the government came same. i got off i want the government negotiating with the preexisting conditions. >> do you ever wonder -- i know it's about pride in authorship, and we're not going to repeal obamacare as much as finally replaces them in batter. they consider repeal, might have been brought into this discussion to say to do something to make this better. my only point in saying that is the republican plan as it is in the house didn't repeal obamacare, but it didn't that is
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debatable in some states. in the end, they might've had it may might've had and they still might get more democrats. >> this is one where once again we see this dysfunction and washing and are the democrats dig in their heels. >> they republicans help them and argue what we didn't invite his name. just childish tit-for-tat. >> are there examples of things that work and if so what can we do. tort reform is a biggie. there's still some massaging that can be done trying to focus into something that might actually work here they've got to do that. it's important for their political future for sure. otherwise it's going to look like this is just obamacare to point out. lord knows we need the tax cut. train to thank you very much.
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she'll be back in hour from now. neil: representative labrador, he was part of a hearing where the crowd went nuts with him. apparently he wants to run for governor. i don't know how secure likely getting. that's a six-year republican seat, but is it a sign that many are getting out of dodge for fear of days. there is an open seat for the governorship, so maybe that's with enticing it. another prominent republican who might just be a washington or become a governor. meanwhile, this delays further and that tax cuts. it's not like the cap work concurrently for comprehensive tax reform. as trish hussein, from a nevada state gop chair amy godinez says that could be a big issue. what do you think about?
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>> absolutely. hands down. this is one of the main issues the majority of republicans campaigned on along with president trump. if they don't learn to control the message how you are talking about with health care, they are in deep trouble. neil: they have very good, whether you agree or disagree, the way it's going, it isn't working. it's not covering on health care. it's competitive, but they get in the media. >> democrats love to talk about class warfare. they love to create chaos. republicans need to stick to thr message and get this accomplished despite what the media is saying. here in the state of nevada, last legislative session we had for the first time in 80 years a
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republican-controlled and assembly state government. we passed the largest tax increase in our state's history about 1.2 to 1.4 billion on the whole narrative was it is for education, for the children. define a 600,000 went to education. the hours they wrote of malarkey. if republicans don't get their act together and stay on message, and they will be losing seats. trey joya must hearken back. i'm a lot older than you, so if you'll indulge me. the charts in the easel board on the show. here's how it not not coming close to the money for benefits and we are never going to pay for all this. the same could be said of tax cuts.
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here's how corporate rates, olive individual breakout for the time being. even the very few pay the advertise top three. that averages out to be higher than any other on the planet. they don't do that and they get into to the bad pr and makes us look like louis s. or whatever. >> democrats keep saying this will favor the wealthy when all actuality trumps plan, president trump's plan is for more fair tax system and will help boost the economy. you'll have two deductions as to how many are out there. thousands of pages will be condensed dramatically. and what it is i'm doing. >> you've got to think about it. he's a big advocate a former investment banker of dramatically cutting taxes in france. to the point that there is so the lower, substantially lower.
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this is the so-called liberal candidate. i am just wondering >> i certainly hope so. i'd hate to see republicans voted out of office. that's a big campaigned on. that's a lot of independents -- that's why they voted for them. neil: i think at the rate they are going, they will be. they are letting the other side to see the initiative in their prescriptions, which a lot are very well thought out by not clearly explain to the american people. >> this is the slowest recovery since the great depression. people are ready to move on. they are ready to keep the maturity of their hard-earned money. republicans really need to stay on message. neil: yeah, something. thank you very much.
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good team here. >> thank you, u2. neil: apple still an out of record territory. the market cap and a lot of people say nasty for when the 256 billion in cash, it has got trillions dollars vice of money to play with. a lot of people look at that and say, you know what, the jury is still out on whether the new iphone will justify that, whether the company is diverse enough, getting enough done. after this. liberty mutual stood with us when a fire destroyed everything in our living room. we replaced it all without touching our savings. yeah, our insurance won't do that. no. you can leave worry behind when liberty stands with you™. liberty mutual insurance
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>> a public that gets over excited about stocks are some points becomes the biggest race to a stop. >> to the fear of right now? >> it will happen periodically accepted of them periodically. but it will have been. >> when it dies, what will you be doing? >> by. >> warren buffett, most celebrated investor on the planet for good reason. anyway, liz claman breaking news but those exchanges, with those guys, but they all seem to be saying, and there is a little bit of over excitement going on in the stock market. not bad, not something that
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would necessarily dramatically alarm us at this stage, but warren buffett might have been alluding to this fixed in the index report their 25 year low. copacetic. even when it do counter indicator. sure enough you want to run the other way. we had the federal reserve president right now saying if the u.s. unemployment rate dips below, and it would overheat the economy. already hearing talk that will have been. talk as well extend to u.s. reforms that could shrink cnn friday. the class i public private agency that started overseas the mortgage market in this country is something they are watching but they have to be careful about shocking the markets.
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well on its way to a trillion dollar march right now. watch this very closely. jared levey says that this run-up is warranted. jared, you are not concerned? >> listen, i am a realist. there's always learn, but it suggested that concerned because there's something called police momentum. the late lamented this increase in the market and an apple. apple is going to reach $200 a share and a trillion dollars market cap. he put the cash and 170, 180 is the target because remember there is potential car, potential apple movies that could increase in the income streams could -- are enough to drive the stock higher. come on board.
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>> who is only a few years ago that he was starting to tank out of nowhere and just sort of reasserted its not the last few months. could that happen again? >> could attack again, i think there is, garrett said a different way to talk about climbing the law. i believe the iphone it is going to have a good buzz and we might even climb up into that. i don't see a climbing frame here to trillion dollars valuation. that's the one thing people are excited after we've had this big run-up here in just the last few months. but it might be a little overheated here. >> a lot of people look at this momentum in this year over the last year. they take a look at it from the beginning. i don't want to bore you guys even though i built a career on it. there are these little spikes and they seem to happen every
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few years. and then it settles down and another spike. it's not like an uninterrupted or nice slow steady climb. i'm wondering what that tells you this is par for the course? t. hold it for the long-term? do kind of get used to it? >> we heard warren buffett. the stocks are roddick and sometimes they take these breaks and he buys. >> you thought -- he's bought a lot of that. >> for good reason. is it a good start to hold onto for the long-term? the long-term to me is eight years and beyond. if you've got this thing in your 401(k) into retiring tenures come it's great. if you're retired 20 years, it's great. apple has so much cash if they're up against the wall, they can go and buy at this contest but perhaps.
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and horizontally as opposed to vertically. it is going to be erratic. i think it's a stock you hold onto. >> some stocks become mutual funds. alphabetically sorted that direction. disney besides just an entertainment mutual fund. some stocks become bigger than just eating a single entity. is apple in that category? >> no, not at all. as a matter of fact, if we look over the multiple years, between 60% in 70% of the revenue each and every quarter comes from one product. comes from the iphone. without a new innovation, without bringing in some synergistic new company, new something else, i don't see them being able. >> lead to big acquisitions. a lot of cash on hand.
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they are very leery to do that. what do you make of that? >> yeah. i think that sticking to that is a good thing. they have incredible profit margins, the envy of the whole industry. >> it's that darn phone. >> they are growing services a little bit. they are bringing another things bringing another thing so they can probably use that cash to innovate somewhere. to stick to the sun as a cash cow to bring a lot is internally. that's a plan that makes a lot of sense to me. >> were quickly while i have you, your thought on this and the fact that it the lowest it's been in since 1993. do you like that, worried about that? >> that was my world and they'll tell you. we are in an electronic age in the market is much different. you know that. you see the difference in the way the information flows. i don't think it's use the blade
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used to be. i don't think it's a straight counter indicator. the way to look at it as there is some complacency. at the same time, there is nothing in this market to the point that it should be higher. it's not as scary as it once was. >> a letter to you thought i was on top of this in the 80s. what do you think? do counter indicator, people are feeling so sanguine and about things. >> alltel you that the data tells us exactly the opposite. if we look at when we get extremely low market volatility, what it's telling us is that complacency is we are just grinding higher. no sellers coming into the market. every time over the past decade and a half, but a mess. not in a crash. >> thank you both very much.
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neil: we are awaiting this white house briefing. sean spicer to get a lot of questions about this rush of rove, who knew what and when. we will be dipping in and out. we won't live on it but whatever news is broken. one thing we are always falling back on its general flynn on how you could pass muster and security clearances. the issue is this, that he did not put the trump white house, with the obama white house.
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also gubernatorial candidate in the fine state of new jersey come to see rogers committed to have you. >> good to be here, thank you. >> obviously we are told that president obama had serious reservations about general flynn, pass those along personally to donald trump. but who cleared work with him? neil: mail, it was obama passing of the period donald trump did what he had to do when he had sent the totality regarding general flynn. the obama administration in my view that there was an issue with general flynn. they still gave him clearance and if clearance and a set of suspended clearance, believe me i've been involved in u.s. intelligence community and you could suspend any time you deem necessary. president obama did not do that. he passed the buck to present a trump and now we have a distraction. another distraction for the president to be involved in when involved in when he needs govern this country. neil: now in the the end,
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general flynn, it didn't last very long. whether that was because he lied to the vice president or whatever. he was not long in that job. do you think the way donald trump might have ignored the warnings added to the needless expense over this. >> i don't know if that's necessarily factual but he ignored the warnings and tried to grab a hold of the totality of information. office staff being thrown at him. being very hypocritical in clearing general flynn and then pass it onto the trump administration could the president of the united states truly was trying to get a totality of information before he made the decision to have general flynn removed and he did. neil: could i ask you about the new jersey race. a lot of folks don't know you're running for governor of new jersey in the top echelon in the poll would've included you in a
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debate. a lot of you and your colleagues, democrat and republican didn't meet the threshold when the debate among yourselves or did i get that right? >> we are debating stock and university on the front lawn of the building where the other debate is going to be. it goes to the point if you are from a poor neighborhood in middle class, don't stand a chance are running for office in the state of new jersey must have a lot of money. i'm doing it on a wing and a prayer of the good fortunes of middle-class america. you will see me tonight. >> obviously how many are going to be there? >> there will be four and debate the other saran. after get the. after the denomination. after get the nomination i'll buy president trumpery to your house and have a good cup of coffee. trained to do you call? it isn't too far away. >> alter the golf cart. neil: but he think of joe piscopo routing around
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lieutenant governor eshoo seems to be the front-runner for the republican nomination. what do you make of that? >> the liberty of evoking the 11th commandment. speak no evil. steve rogers is going to win that race. neil: closely. joint terrorism task force member now running for the highest office in the garden state. judges are reviewing donald trump's travel ban as we speak right now. they are largely expected to say that he went too far. connell mcshane us more. what you hear? >> to buy a fourth circuit, but the president may have an uphill battle understands largely because of the makeup of this court in others. in richmond yesterday, president trump's campaign statement as we expect it were used against them judge robin king said he's never repudiated what he said about the muslim ban. that is kind of the real key to this argument that the lower
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court has said it was religious animus the decision to temporarily ban people from muslim majority countries. the other side came out. judge paul niemeyer was appointed by the way by h.w. bush, the first president bush. he went after the attorney yesterday attended some other candidate had won the election, i would gather he has no problem with that, kind of implying this is all about a dislike for president trump. to the larger challenge which is really interesting, that is the math for presint trump. on the fourth circuit, only three of the 13 judges here in this case to what we just talked about were appointed by a republican president. that is part of a larger pattern around the country. president obama made 331 judicial appointment and that has helped change the balance of power in a lot of these courts. "the wall street journal"'s editorial pages this morning had a brookings analysis that came out around the time of the election and it showed on the appellate level 92 liberal
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judges from a 70 conservatives feared that the way find it now or president trump trying to rebalance things. number judicial appointments he announced yesterday. for the moment, but not the stuff for this president does these types of cases including this one worked their way through the courts. neil: that's an interesting point. very few cases go to the supreme court. most are right under that amount of liberal domination. >> this fourth circuit is to be known as a conservative circuit. now it's completely flipped the other way. trade to thank you very much. connell mcshane. yesterday iran test fired a torpedo in the strait of farmers. that's an important area to do this kind of stuff. it's a big passageway for oil tankers that move in and out of the region. about 70% of the worlds oil transit routes through the air. did you play this out. it becomes increasingly violent.
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neil: these are the scenes we see almost routinely yesterday. the dear minister is saying the civil war is looking more and more likely. clashes are collating us forces firing tear gas to protesters. here's the irony about all of this and think about it. they have asked that and they printed all the way. it really, really is a tragedy beyond words. for my national security adviser to vice president dick cheney, john hanna joins us right now not to talk about what going on in venezuela, but i do want to talk a little bit about what is going on more to the point with north korea, with iran first
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half. they are very guilty or provocative behavior. just yesterday, i ran firing an assault in mr. to foreigners, busy oil passage away, barely moving. ditto today. what do you make of this? this is continuing a pattern. >> this really is a potent reminder of the growing threat that are not constrained posing to americans throughout the middle east. obviously, the safety of our ships in the persian gulf and the free flow of oil through the streets of partners. >> what is our policy when that happens? the iranians seized the vessel and how those sailors captive for a while but they're posted video that sort of turned collectives went to the world stomach. we have found that one happen again.
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but what if we do? be not well, at some point in time, my guess is that the iranian do cross the threshold and force the u.s. respond or else there is no u.s. respond and the iranians freedom of operation to increase their throughout the middle east will be supercharged. the united states is really going to have to put its third down. if it's harassed for it by one of the iranian speed boats in the gulf, if they are threatening their ships to finally do a president obama refused to do, but the one of them to the bottom of the persian gulf. tradeshows mentioned the reality out that, john, you distract them over here in the korean peninsula. we will battle their cages in the strait of farmers and they know we are spread thin. ever since the tomahawk missile
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attack, that we might get involved fair and on and on we go. >> no doubt there's an interactive quality to this. we know frank way that these are not just to grow factors disparate parts of the world. north korea and iran are really joined at the hip. the non-believable number of iran's most dangerous weapons systems including virtually all of the ballistic missile systems are built off of north korean models. these rogue actors are working closely together trying to increase the pressure and stress on u.s. forces as much as possible and take advantage wherever they can. neil: do you think they are testing trying to see if there is much action to match his words? >> i do think some of that is going on. i would say that since president trump's rise to power, since he put the iranians i notice and fire those missiles into syria
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against iran's ally, the iranians have been careful to stay below the threshold of another ballistic missile tests. the problem with deterrence is you've got to really sustain it and keep it up and is very good tactical steps by the president now need to be followed up an embedded in a real full-blown or teaching a comprehensive strategy to push back, contain and diminish iranian power in the middle east. trade to thank you, john hanna. good seeing you. in the meantime, oil down 1% today. if the mkets are skiish can certainly we have not seen evidence itself in oil. mark him in the general stock market. meanwhile, not over so much late-night house, or whether they work in concert with one another. jimmy kimmel might have higher ground to stand on. why he is addressing health care yet again without once, without
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find it in your heart to forgive me. why are the vast majority of republican politicians against making sure americans are truly covered when it comes to help here? the way to pay for it is don't give a huge tax cuts to millionaires like me. neil: whatever you think of jimmy kimmel, he has a kinder, nicer way of urging about health care without ever making controversial remarks about another late night show. both are pointing to the gop as bad in using bad math, bad manners, bad feelings in dealing with health care rework. i think kimmel's approach might be the wiser, sounder approach that might resonate more. whether you agree or disagree a, his approach to this is to say the republicans go slow. >> well, right.
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i think you are correct. his approach is definitely better than stephen cole bears. screaming on tv is not a way to get anyone to listen to you. i don't think kimmel will listen can want to listen to him either. happy to hear he's doing better. i said this before. everything democrats are word is going to happen when a publisher is repealed the 30 happen. the co-ops have failed. the exchanges have failed. blue cross blue shield just requested a 60% premium increase in maryland. millions of dollars in federal funds went to these exchanges are now saddled on taxpayers because they fail to notice a million people have black health care coverage because of obamacare. so these problems have already here. republicanare just trying -- neil: do know, the numrs may support what you are saying. the data is what it is. i see this stuff myself in dealing with the medical community. it is not sustainable, the affordable care at as it is.
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you can talk all you want about wanting to protect health care for all, but we can't pay for this the way it's going. something has to be done. republicans never argue that because it feels like they are more intent on political payback. i don't think that's altogether true of all republicans. i am wondering how they rate that chip and kim all message that resonates with a lot of folks. a lot of folks in the monologue that went viral, millions fall by and they seem to think republicans are intent on ripping off their way from you in making your kids exposed. how do or should republicans respond? >> that's always have the argument goes. anytime republicans look at a fiscal problem and say we cannot afford this, democrats turn around and say he is the emotional appeal, heart wrenching story that puts logic aside in terms of emotional response. tree into your doing this to give the rich a tax cut.
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even if you substantially raise taxes in the upper income, it wouldn't have medicare, medicaid and all that. we know that peter can come the emotional argument went out. don't mess with this. >> the problem is they are going to the antitrust that is going to implode. premiums are going on. even obamacare is here, no one will afford it. republicans unfortunately on the side of having to take the hard fiscal that no one else wants to take that are rather unpopular. someone has to fix this whether it's republican now for democrats later on. neil: i agree with you. it could use some ross perot. paragraph burstein when people were going into the red. explain it to me. americans are not. i remember when they were putting this up in washington. when they were coming up, they were providing benefits to keep kids on a policy much older. they were providing cradle to
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grave coverage for all preexisting situations. things most people like, but not a clear way, sustainable way to pay for. they think that just has to be explained in a very rational way. i'm not sure what always be portrayed that way. they fail to do that. i am wondering if it is too late to explain that now. >> every time the big entitlement is given away, every time something like health care is turned into a riot, everything is right now, it's impossible to take them back. that is something they believe they are entitled to them that they deserve. the problem with explaining the cost at that point is people assume government as this monolithic huge entity. they say just print more money and we can't do that. that's not how it works. neil: katie, good seeing you. >> banks. neil: speaking of things that cost with a website that tracks
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federal spending, gerri willis is such a nerd, but a genius. but if he found out? >> well, if you ever wonder where the dollars and cents go, the treasury department has you covered, releasing u.s.a. spending.gov. they answer just about any question you might want to ask about government spending, like want to know how they get spent? the top 10 budget functions are listed on the website of the social security number one claiming 23% of taxpayer dollars. medicare and defense are numbers two and three respectively. together all three of those account for half of total government spending or maybe you wonder where the money went. here's a list of the top state recipients. california, pennsylvania and florida rank at the top. you can also drill down into your state or county or even your hometown for federal spending details. nerk city for example got 11.4 billion in your tax dollars
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in the first quarter and you can drill down into government contracts. the amount paid, what the government went too, even the contractor's address. see how much got appropriated in how much was spent on a particular project. treasury officials say the site is not perfect in the beta version crashed my computer. one limitation is so far the only data on the website is from the first quarter of this year. the plan is to have historic data over time and they continue to encourage spending. neil, the only thing i couldn't find on this website is how much we paid for the website. neil: you know what, i'd be remiss if i didn't, but given the battle you face, the health battles in the face and republicans are looking callous the way they are picking apart health care, is that their message that is not resonating? is it the fear that preexisting conditions won't be covered? >> i think it's our expectations of what the federal government
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should provide. people think they should have insurance no matter what. people think at all levels, a all levels come i brought should have the benefit has to come from the federal government, so be it. so our expectations have increased, have changed nationally and that the attitude you see in the media and also on main street. neil: good seeing you. i know people are afraid of arguing with you and i know a certain disease is even afraid of messing with you. thank you very much. gerri willis. take her on it your own risk or that's all i'm saying, folks. the latest on the market this down for the dow. you know the drill. they are off to the races yet again.
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neil: the laptop ban is still in effect from foreign flights, namely out of the middle east. they want to expand that being told to north africa, potentially couple other regions including parts of western europe, not he detailing where in western europe. i imagine the more eastern part of western europe. too early to stay. i will keep you posted. i think trish regan will. think fast here. billionaire sam zell and political titan pat buchanan. what do they in common? despite the they are both on my
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show at 4:00 p.m. on fox news channel. they love to tech off people. they say when you tick off people, people remember you. i built a career. that should be interesting. trish regan who doesn't tick off anyone, good seeing you. trish: thanks so much, neil. fallout over the testimony of former attorney general sally yates and former director of national intelligence james clapper. the big takeaway? no evidence of any collusion between the trump campaign and russia. that is the takeaway. you certainly won't hear it from the mainstream media these days. i'm trish regan. welcome to "the intelligence report." i want you to hear what james clapper said under oath. watch. >> whether there were improper contacts between the trump campaign and russian officials you said we did not include any evidence in our report. chuck todd i understand that, does it exist? you say not
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