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tv   Cavuto Coast to Coast  FOX Business  June 7, 2017 12:00pm-2:01pm EDT

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buy, if you look at clinton, nixon and johnson when they are impeached, the market went up. stuart: really? >> the market does not care. stuart: the last time you said that was election day november 8th. you said buy it. >> if the market trades up on this, buy it. stuart: fascinating. my time is up. neil, it's yours. neil: did he say during the andrew johnson administration, the market went up? >> yes, it was, i was a cub reporter then. neil: i know varney was covering it. stuart: i knew that was coming. [ laughter ] >> good to see lizzie back, too. gas po is back, the whole gang is back. a lot going on today. the president as stuart indicated is on his way to ohio is going to be talking obamacare with, those who have been hurt by the law that republicans are working on a fix for in the senate. that's not going smoothly but they are working on it. time is the big detail and they don't have a lot of. it also the president there to
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talk up infrastructure. he's got a trillion dollar plan that doesn't get a lot of attention because a lot of you don't know how he's going to fund it but hopes it will be largely privately funded and he's going to tip his hand in ohio and give us an idea how that will all go. as i promised, we have charlie gasparino here. the fun begins, but no more so than when we kick things off with blake burman who now has people who have people. he's become such a rock star at the white house events. all right. so blake, the president, this trip to ohio, what's it about? >> reporter: neil, the highlight of my day is being on this very show right here. fort the people that have people. neil: cuckoo catch oo, you are the walrus. reporter: a concerted message as it relates to several legislative priorities. they have dubbed this, the
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white house has infrastructure week, that is part of the focus, so much so that the president left the white house a little while ago and he will be in ohio in about half hour's time to talk about that. but also they're trying get back to the message of health care, obamacare, repealing and replacing as the president will have obamacare victims as it's laid out on the white house press office schedule. aboard air force one to talk with the president today, after that, he will give a speech dealing with health care and then it is onto infrastructure in which the administration on this day is trying focus on water ways and building out those waterways. that is part of the message that they are hoping to stay with, however, there are all these sort of ancillary and very important stories, however you want to define them that keep popping up. among them was the 7:00 hour that the president suddenly tweeted out that he has nair node on his fbi direct who are he intends to nominate. that being christopher wray, a
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litigator in practice in washington. among high-profile clients that being new jersey governor chris christie, he was christees personal attorney in the bridgegate scandal and in the early 2000s running d.o.j.'s criminal or civil division rather, leading the charge against enron. christopher wray intends to nominated by the president. thas onetory. and within the last 24 urs, neil, there's the questions about how the president is getting along with the department of justice, not commenting whether he intended to resign but you got all the questions as the white house and republicans are trying to get on the issue of infrastructure, taxes and health care.
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neil: like you said, they didn't comment or deny it either, they immediately pounce on it. the fact that they didn't or aren't and maybe that will change, leads me to believe that he really did. >> reporter: and you've got two layers here neil, the white house on the one hand saying we're not going to comment on this but didn't deny it, and also of course the justice department who is not commenting but not denying it, which leads to more questions and at the white house press briefing yesterday, sean spicer was asked whether the president has confidence in jeff sessions and his answer was i haven't talked to the president about that. again not squashing any of this leading to more questions as they get on the topic of infrastructure, taxes and health care. neil: thank you very much, blake burman.
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if this is a preview of coming attractions when james comey speaks, the ruling seems to be questions 80% of the time, and answers if they can get them in about 12% if they're lucky. the guys like to hear themselves and exasperated alike, and kelly and some of the others who said, just let me answer, that is not going to be afforded here, and again, if i said that's going to happen tomorrow, well, set your vcr. people don't have vcr's anymore, if you have an etch a sketch. his office is a mess by the way, and he's right next to my producer whose office is meticulous, like a felix unger, oscar madison. >> the rats go from mine to his. that's why ralph is mad at me. neil: amazing, how do you find
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your way through that. >> you smell your way through it. you stay away from the old sandwiches and stuff like that. >> you don't throw anything out, even food. >> i don't eat, i do throw out food. my office is a classic reporter's office. all my files and all my crap they get accumulate from stories, i keep -- neil: what do you mean a classic reporter's office. it's a lion's den at the zoo. >> you keep the things, you want to refer back to them, by the way, i always know where every piece of paper is. neil: we found a gym towel on the floor. >> are you showing? [laughter] >> no, we will. but here's what amazed me about it, with all the clutter is. >> a cluttered mind is a brilliant mind. neil: ralph is intelligent, too. >> he's a prodigy. neil: let's talk about what's been going on, right before you
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left, you were telling me things would be falling and coming to shape, the divisions of the administration, the administration concerned about distractions, sometimes compounding those distractions with tweets that sometimes are ill timed. how is all of this going, the trump agenda to address infrastructure as he wants today to deal with the taxes, health care, all of this. >> all administrations need to change narratives, if the narrative is moving against them. infrastructure is a smart thing. markets like it. look at the market today. you have a crisis out there with the presidency. clearly there's going to be -- tomorrow's hearing is interesting, see what comey has to say, that could be -- markets could move if comey says something damaging to trump, but if you notice they're pivoting tours. neil: will come shy of saying obstruction. >> i think if he -- neil: if he were, then he'd be part of that craziness. >> the whole thing is he sitting on obstruction case because and bringing it on now.
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i think the pivot is smart on economic issues, the markets like it. taxes would be another smart move. there's issues here. i would go back to the fbi director wray. the guy is a competent lawyer, white collar. neil: if you know christopher wray. he was governor christie's lawyer in the bridgegate. >> in the bush administration he did the enron case. >> the former assistant to the chief. >> here's a question someone should ask him. you guys prosecuted arthur andersen, remember arthur andersen, the accounting tirm that controversially prosecud. it was reversed, i believe, put a lot of people out of work. do you think that was a smart movement as a business reporter i would like to know what he thinks about white collar crime? how far is too far? should he be putting companies out of business. neil: do you think he's going to be raked over the coals, like any cabinet fight, they're
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going to drag it out and rely on the two acts of the republican senators. >> i think democrats will fight over everything here. this guy should get passed. i would like to wherein he stands on white collars. i think one of the problematic things about the justice department, fbi and justice department under obama is how they went after corporate america and basically tried to torch up companies, okay? bush administration did, after enron put enron out of business, they were out of business already but put out of business arthur andersen, accounting firm on weak stuff. neil: went after tyco. >> that was way over the top. that was the manhattan attorney's office. i like to know where he stands on this, if he put out arthur andersen and now the fbi chief. >> i never thought of that. stepping back on this, are you looking at the calendar now, the dates they have to deal with the infrastructure that the president is talking about,
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to deal with tax cuts, you know, health care reform. it's not looking doable. >> listen, you would think it's doable because you have a republican congress, republicans are scared of donald trump right now. they don't know where the comey thing -- i think a couple things have to happen. i think republicans are worried about comey, so we got to get through this, okay? and hopefully trump doesn't live tweet it, you know? that would be a real problem. the independent counsel thing, you got to get through that a little bit. i don't know how much that's there that reaches him, it would be nice if there was nothing. neil: how do you figure the market is holding up as well as it has. we were in record territory, back near records now? what do you think? >> they're looking at it like i am. by the way, net net. this is an administration that was better than the past. neil: a lot of this built on the tax cuts coming through that health care fix coming
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through? >> not even that. neil: really? >> that, yes, possibly. but do you know there hasn't been one -- in terms of regulations, i don't think trump has introduced a single major regulatory initiative since he's been in office. obama, when he first got in there, not only dodd-frank was rolled out and planned and done, he was doing all sorts of things about the environment. in fact, trump is pulling that back, and i think the market. neil: doing something in the aggregate that every new regulation you consider you get rid of two. that's the kind of thing they like. >> business likes. that by the way, that held back our gdp over the last couple of years. neil: that's what the street is like. that's what's bullying this ironically and led by technology issues, most of whose ceos are not big fans of this stuff. >> here's the thing, paris climate accord, dropping out of that, it's negligible for business, maybe a net positive. neil: very upset. >> i'm upset that they're
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upset. neil: they are in italy where you were. >> there were two types of italys since you are from the type that i'm from. the northern italians, which i don't consider them italian, and southern, everything south of rome, where my people come from. they love americans down there, because why is that? because they have family in america. it's a different italy. neil: that's an interesting take. >> you want to know something about that part of italy. they actually have kids. they don't -- by the way, when they're 40 -- neil: when they have kids, they -- >> they get married. neil: i know how they're made. >> just so you know, when they're 40, they don't live with their mother. that's southern italy. neil: here's where you lost me, how that connects to the environmental accord. >> well, they don't care about the global issues, they care much more about economic, putting food on the table and love america. neil: so you had a good time? >> great time. ran a lot. i met family i haven't seen in
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years. neil: we missed you. i put a lot of stuff in your office on ebay. >> i saw that. the towel is selling for 50 cents. >> it's 75 cents. >> did you know the towel when you picked it up, it was hard. you could pick it up all at once. neil: it was disturbing. >> i broke that story about kazowitz online at alitalia. neil: we got the story when we were cleaning up your office. thank you very much, good to see you, charlie gasparino, the best in the world, whatever part of the world you are in. >> old world. neil: go to the catskills, no, no, no, southern italy. the director of national intelligence dan coats is testifying right now. this is a preview of coming attractions ahead of james comey doing the same tomorrow. do you know all the major networks are going to interrupt their regular programming, not talking the news networks, all the regular broadcast networks are going to interrupt what they're doing to get this.
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. neil: all right, what's going on in washington is considering the opening act for tomorrow, and james comey, then expect a lot of talking, just not from the person who should be doing the talking. more the questioners of that person should be doing the talk. there are quite a few of them today on both sides. adam shapiro with the latest on what we're told was supposed to be an intelligence briefing but gotten feisty, huh? >> reporter: it is. the exchange between senator angus king and mr. coats and admiral rogers is something you can watch in its entirety, take but five minutes, but there is definitely anger at least on the parts of democrats and independents like king, but neil, democrats asked several questions about conversations the president had with the director of national
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intelligence, dan coats and national security adviser mike rodgers. he never felt pressureo interfere for political reasons and admiral rodgers never felt pressured by the administration or anyone else to do something immoral or illegal. senator mark warner, the vice chair of the committee continued to ask if they had been pressured by president trump or the administration in any way. >> in the three plus years that i have been director of national security agency, to the best of my recollection, i have never been directed to do anything i believe to be illegal, immoral, unethical or inappropriate, and to the best of my recollection, during that same period of service i do not recall ever feeling pressured to do so. >> interacting with the president of the united states or anybody in his administration, i have never been pressured, never felt pressure to intervene or
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interfere in anyway, shaped with shaping intelligence in the political way. >> he may not have felt pressure but if he's even asking, to me, that's a relevant piece of information. >> reporter: so republican senator james reesh from idaho told senator warner that rodgers and coats did put to rest questions of being pressured by the president and all you have to do is listen. should point out too, neil, what you feel is one thing, what you're asked is another thing, admiral rodgers and director coats seem to have opened the door to talk to the committee in a closed-door session about the conversations they had with the president but won't answer the questions specifically, did the president ask to you do something in a public setting. back to you. neil: all right, adam, thank you very much. another question that will keep coming up and probably big issue tomorrow in the comey hearing are reports that have since circulated around the "washington post" and others
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that the former fbi director was concerned about being left alone with the president. sarah carter on that. no doubt he will be questioned on that but if true, it raises concerns he had concerns, the white house has had no response to this, but what do you make of it? >> i think one issues here is these reports. a lot of them come from anonymous sources. people that heard conversations or connected to somebody who was part of the conversation, but they are anonymous sources and directing the actual attention away from what everybody is concerned about which is the russia investigation. but if you think about it this way, director comey, if he would have felt pressured by the trump administration to back off from lieutenant general mike flynn who was then the national security adviser to the president, he should have reported that earlier. i think that people are
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anticipating that he's going to talk a little bit about his relationship with the president, maybe some concerns about how he was fired, which according to the sources that i've spoken with within law enforcement, he felt jilted. he felt he had the rug pulled out from under him so he was very angry about that. neil: jilted by the justice department, right? he didn't get a heads-up. >> that's right. he didn't have a heads-up, he was already, you know, moving forward, he was in la when he saw it, so he was angry about that. neil: that i can seeing ticked off about that, it wasn't handled very well. let me tell you about this, other than being uncomfortable with the president. in the end, he was alone with the president in the private dinner, lunch, whatever it was. he got along with him. i'd like your thoughts on whether it's unusual for an fbi director to be meeting with a president, with something out there going on or not?
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>> yeah, you know, it's back and forth with the people i've been talking with. in some cases, some of the sources say it is unusual. in other cases, in the majority of cases they say it's not so unusual, you know? the fbi director reports to the president but he is also separate of that. nonpolitical, and that's what fbi officials tell me all the time. their first day in quantico, they are told they're neither republican nor democrat, they're agents, they are there to do a job and follow those rules, so i know there's this tension between both of them and we all know that, it's very public, but if he felt pressured, he would have reported it. director comey would have done that. he's smart enough to know that. neil: do you know, maybe we'll find out tomorrow or maybe not, would he have written a memo or correspondence with members of justice, i feel uncomfortable about this, that raises the next issue to whether is this ends up being a he said-he said thing. comey convinced that the
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president was trying to tell him to give up the fight when it came to going after flynn, the president claiming that's not the case, and you need proof or tapes or presumably, there aren't tapes unless there could be, but where does this go? >> so they would be looking for memos, any kind of evidence that maybe former fbi director comby would have written about this. neil: let's say he did. let's say he wrote exactly that, sara. just to be clear. the president said he doesn't recollect any such thing, comey suggests via memo taken the idea to be as good as the original point of view, but you can't prove either? >> that's right, that's right. that would be a concern neil, that would be a concern but it would also fall on director comey, then, with the senators questioning him. they would say why didn't you report this? if you felt this was inappropriate, why didn't you report it?
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and i think we have to wait and see the facts and weigh the facts out. and look at that. i know that in early february i was talking to law enforcement officials about mike flynn, and even then they said we couldn't find any collusion between mike flynn and russia, but whether there's other, at play here, other issues they're looking at with regard to the former national security adviser, that remains to be seen because it's still an ongoing investigation and things can change. neil: well put, thank you, sara, very much. i have a feeling we're going to need your expertise throughout this. thank you very much. >> thank you, neil. neil: haven't lot of sight of the markets, they're barely budging, the real story with oil. better than 4.5% decline today, a lot of that has to do with the surprising jump in inventories in this country as well as growing concern of what's happening in the middle east right now. this piling on with qatar and now four arab countries, five, if you think about it, that
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quit doing business and break off relations with qatar and trying expand that to commercial travel. qatar has to use the saudi airspace in order to run commercial airline. that could be shut down. that could lead to the less resolve and keeping to this oil limit pact that they all have, they might not be so strong, especially when not all together. we are keeping an eye on the president of the united states, he's going to be in ohio, make a speech 234 -- in an hour. the goal will be to reveal infrastructure, not to put the burden on the taxpayer but incentivize private investment. how you go about that? he is also due to meet on the tarmac before heading back to washington with victims of obamacare. those that have been gouged by the system or sort of run out of options because of that system. after this. ♪ we asked people to write down the things they love to do most on these balloons. travel with my daughter.
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neil: all right, a crowd there waiting for the president of the united states. the president is due in cincinnati? the next hour. he's going to be not only talking up what he wants to do on infrastructure and a private-public partnership, mostly private to help incentivize businesses that would be for structural future. separately he's going to be meeting with some, we don't know how many, the white house calling obamacare victims, those who have been priced out, congressman on this meeting, where the president is gathering is his district. congressman, good to have you. >> great to be with you, neil. neil: timing is everything and the president arriving and you know better than anyone, when anthem the big insurer says we can't afford it, we are out of there, so the timing is curious, what is the president likely to say that whatever the senate is
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working on is the option because the senate seems to be saying whatever, you know, you guys are working on is not. >> the senate has their work cut out for them and i hope they do embrace and get moving and obamacare isollapsing and it very evident and now evident in ohio as it has been in other parts of the country. we think that we work through a bill that was very thoughtful that would try to leave no one left behind. i always say as a doctor, why would i not want people to have insurance. i want people to be insured. it's a difficult challenge but a priority for america and i hope the senate makes it their priority. neil: do you get a sense as well, congressman, that the timing to getting all of this done is going to be tough for your colleagues in the senate, you have the august recess and you've also got the reality of this debt limit approaching sooner rather than later. do you subscribe to what
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secretary steve mnuchin has advised, just raise it, don't attach any conditions to it, you guys can proceed with all the other stuff? >> i hope they work overtime because we are up against the wall. america, we know how to respond to things and get things done quickly. it is going to take action on the senate side. i don't want to see the problem extended any further. i want to get to a solution for america, develop some flexibility and get some health care freedom back in the hands of the american people. neil: do you worry then that with this debt thing that it could destroy the timing, in other words, there aren't a whole lot of legislative days left of this session to do that, to do the tax cut thing and even entertain the infrastructure thing? i mean, at the very at least i'm hearing from some it has to be pushed back, do you agree with that, that it's a difficult timetable? >> well, there is a challenge of the timetable, i'm not going to
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deny that for a second. there's no law that says we can't be in august and no law that says we can't work overtime. it's going to take digging in and make sure we get it done and address the nation's problems. too often as you know we do things last minute. the warning signs are there. we know it has to be done. let's sit down and do it rather than wait 24-48 hours to push things through and just extend things. neil: where is all of this going? you would are with the house intelligence, what fbi director talked about, what they didn't, this is not wild card, congressman, do you and other members of the committee heard anything that would hint inappropriate behavior on the
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part of the president in obstruction of justice? >> i have not seen anything in that regard. what we are dealing with today when it comes to russia in particular, for them is heads on win and tales you lose. what they have done and the situation they created in america, if hillary clinton had become president, then she would have been demeaned and degraded and who knows what else they might have try today release on her. if donald trump then the argument is that he's not legitimate. we are fighting amongst ourselves when we should be trying to get to the truth, i have no problem with that. at the same time we have to focus on our what adversaries are doing to try to interfere with our system and specially our election system. neil: sir, thank you very much. good catching up with you. >> you too. neil: in the meantime we are watching the latest on what's going on across the pond, the terrorist investigation is now widening, what we now know two of the three alleged assailants
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had been fingerprinted by authorities and in fact, one has interviewed by authorities and still got away and still did what he did. how? after this [vo] when it comes to investing,
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neil: the senate intelligence hearing has just wrapped up with the top five intelligence officers in the trump administration. now they're going to have one, i don't know if it's a meeting but a little lunch, a closed-door meeting where some of the officials might feel more flexible talking about things than public venue but couple of heated exchanges with some of the representatives about conversations had with the president, whether that was deemed pressure or -- or less or what. maybe they could be more forthcoming. there were no ticking time bombs in the public venue all ahead james comey testifying tomorrow
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on capitol hill and that is such a big event not only our news networks covering, business network covering butt all the major networks and from what i hear cartoon networks are debating it. a lot has happened since at -- theresa may proposed the election. she was up 20 points in the poll and now it's dead even. ashley webster with the very latest, ashley. ashley: yeah, neil, very interesting. it was supposed to be a conservative landslide, they were talking about 200-seat majority in parliament, oh, how times have changed as we have seen the last final hours for theresa main and jeremy corbin and can conservatives hang onto their seats or do they even lose some? it means that governing in the uk will be much harder because
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we have the prospect of a hunged parliament and let us not forget that the country is trying to begin negotiations to get out of the european union. the conservative says you need that to do that smoothly. as the background to all of this clearly has been the terror attacks, we have seen three in the last two weeks, the most recent saturday night. eight victims now from that attack. theresa may was furious at at least two attackers from saturday night were known to intelligence agencies, one had been under two years worth of investigation but no action was ever taken. neil, it's kind of interesting, a t ofinger-pointing today regarding that attack. for instance, the last suspect to be named, 22-year-old youssef zaghba, morrocan citizen and isis material on his phone. a big neon sign saying this guy
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was a terrorist. he was stopped and the italian told u warned about him. the italians says it's your fault, the uk, in response, anything the italians say you have to take with a pinch of salt, unquote. not of it is really helpful when the people of britain are want to know what's being done for radical islamist that can strike at any time and from what we have got from theresa may and those tracking the individuals, it's clearly a very difficult and often impossible job to do. how that will impact the election tomorrow we will find out, but someone just passed me recently and said, never, never forget about the underdog, in other words, brexit, donald trump, maybe jeremy corbin and if jeremy cobin wins, watch out
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for the markets on friday, he's a socialist and wants to up the taxes and up public spending, probably not the best for the uk economy. neil: i heard people describing bernie sanders with a british accent. that was one of the ones i heard. [laughter] neil: not has good as yours. ashley: thank you. neil: in the meantime, you've got the uk and uncertainty and the election, you have the comey testimony tomorrow and the european central bank meeting to determine the interest rates there and you have volatile markets and by the way signals of possible fed moves here and we bring our making money host all around brilliant charles payne. you know, charles, what always amazes me is resilience of these markets through this, the british markets through terror, amazing. charles: it is amazing. some people think it's -- it's a double-edged sword. obviously you don't want terror to destroy the valuation of our companies and markets but you
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don't want to be signaling that innocent people's lives are being taken at pubs. neil: people have gotten used to it or the attacks didn't occur on a larger scale or financial center or what? charles: remember, we saw some people walking away from the pub holding their beer, in other words, you know, you talk about how long something was going to last in someone's mind, someone who watches three night islamic radicals yelling at the top of their breath and slashing at people says, you know, this is short-lived that i should take my beer with me that. speaks volumes i think, in and of itself and also speaks to the resolve of westerners that say, you are not going destroy our way of life at the same time. neil: this market, you were saying we are focused on technology but we are missing something, soon after the
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conversation i see the elaborate article in the wall street journal, hey, this rally is much more than technology. someone is listening to you. charles: someone is listening. neil: explain what you mean by that. charles: they've gone over everything and manufacturing is absolutely phenomenal, absolutely what we saw manufacturing last in the first the months of this year and i'm talking manufacturing renaissance, neil, even booter bottom-line growth using adp's numbers, net of zero, zero in 2016. there's so many things going onioned this even with consumers, we talk about the brick and mortar retail but i had the ceo of thor, sales through the roof. guess who is leading the buying now, younger buyers, cheap little ones and you go away for the weekend. it's really -- we have some things positive going on that
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get no kind of credit in the media. i think it can for the years. a couple of things. new highs we get new highs and the guys who control the money, professional managers, they have missed the ball for the last several years. so some of it is just a force that comes with upside buy in the market. you have to buy if you're a money manager, some of it is the notion that this will happen going into next year and they're walking a thin line. neil: kevin brady, the house ways and means, we still think it's going to happen this year, he hopes to make it retro active, good luck on that, it doesn't mean it's pushed out? charles: exactly. it's got to happen forhe midterm elections. you get entities -- neil: you're not in the crowd that says next year would be
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impossible to do anything? charles: you know, listen, again, i don't think there's anyone whose modeled for it to happen professionally, if you're an analyst, the federal reserve has a model for it and you don't see it in any one's gdp report. so this is -- the u.s. economy coming to life november 8th, the november election and then enthusiasm has morphed, manifested into reality and it's a reality that can carry itself into the rest of the year, i think. neil: that's the kind of stuff the president should be tweeting. harls charles: i think so. the first d-day and second those numbers. neil: charles payne. we are now learning of another terror attack and this one in iran and this one, this one isis
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is taking credit for as well. so what's going on, iran and isis also at war with each other after this.
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♪ there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b
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and they're the only plans of their kind endorsed by aarp. like any of these types of plans, they let you apply whenever you want. there's no enrollment window... no waiting to apply. so call now. remember, medicare supplement plans help cover some of what medicare doesn't pay. you'll be able to choose any doctor or hospital that accepts medicare patients. whether you're on medicare now or turning 65 soon, it's a good time to get your ducks in a row. duck: quack! call to request your free decision guide now. because the time to think about tomorrow is today. neil: all right, the president has arrived in cincinnati right now.
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he is meeting with a variety of folks there including what he has to say about infrastructure and that is, of course, over the next of the next ten years where those moneys come from, whether it comes from taxpayers, the white house says no, largely-privately funded effort and the details he might lay out shortly. we will cover that speech as soon as it begins. in the meantime he will also be meeting, and i don't know if this is the group that was included, obamacare victims, those who have been adversely impacted by the affordable care act for some of them, their premiums have risen so much it's no longer affordable and their options have forced them to close out at the same time anthem big insurer has opted out of that state leaving without any exchange at all. all of this on a day intelligence officials have wrapped up there public hearing before the senate intelligence
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committee, they will be meeting by in closed door where they might have more liberty to talk on developments including their concerns for terror, we were ju showing a ltle bit of what happened in tehran earlier today. there was a terror attack there and perpetrated by isis, so isis targeting iran. it's considered, you know, holy land there. that was part of this terrorist attack that last time we checked had claimed at least 12 lives, 39 wounded. retired lieutenant colonel allen west. colonel, first off to the president of more spending for infrastructure, we were told that the president is going to run into more opposition among fellow republicans than democrats but the zefl in the details on how you pay for it.
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we don't know the details but again it would not be all taxpayer funded? >> well, we don't -- it's good to be with you, neil. we don't wanting to down the same path of the stimulus package that came out of the first year of the obama administration where we were told that the trillions of dollars of spending were going to go to infrastructure spending and that never happened. i think that we want to make sure that we have -- are not increasing deficits. we are not increasing the debt of the united states of america and i think it would have been better if we would have had the one-time repatriation at lower tax rate. neil: colonel, if you can hold on a second. the president is speaking in cincinnati. >> i want to thank you, i'm joined today by two american families, great families, just met them on the plane and they've had their lives completely up-ended by the disaster known as obamacare. riya from ohio, dan from kentucky, two great states and their very beautiful children and families, thank you both and
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i want to thank you very much for being here. great families, for being here and sharing the stories and giving voice to millions and millions of americans who are going through turmoil right now, absolute turmoil and these are americans like you, like you, like all of us. health care is about so much more than dollars and cents. it's about real people, honest members who work hard to take care of their families and give their best to our wonderful country. ray and her husband live in dayton, raya had had a great affordable health care plan that worked for her family, she loved the plan, really loved the plan, then came obamacare, raya liked her doctor, wanted to keep her doctor but she could not keep her doctor, she wasn't allowed
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turned rules and regulations unless she paid an additional $50,000 in out-of-pocket expenses for the birth of her precious little girl just born, colette, monthly premiums have quadrupled. they won't even get to use it and hopefully, i have to say that, but they won't get to use what they're paying so much for. dan's story is just as bad. he owns css distribution group, small business in louisville, kentucky. fantastic state. great people. before obamacare, his 11 employees enjoyed multiple options for high quality, affordable health care, everybody was happy; is that right? everybody was happy. then came obamacare and now they
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have fewer choices, premiums are 150% higher, it's amazing, but you're not alone, by the way. i see in alaska it just went over 200% and creating new jobs is not an option for them because insurance is so expensive, raya and dan are just too many victims of the obamacare cats -- catastrophe and insurers are fleeing and the american people are paying much more for much worst coverage. the coverage is horrendous, it's horrendous.
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