Skip to main content

tv   Forbes on Fox  FOX Business  June 18, 2017 3:00am-3:31am EDT

3:00 am
>> we will talk about it later. [laughter] >> someone is in pain. >> someone is hurting right here. >> hug you after the show. >> -- david, the place for business. fox. >> authorities are still looking into the shooter who opened fire on republican members of congress, this we do know, just three months ago, he posted a message on facebook saying quote, it is time to destroy trump and company, now someone here says, it is up to u.s. intel agencies social media companies to destroy threats are they right or wrong hi i am david asman welcome to "forbes on fox" let's go in focus with steve forbes ritz, elizabeth bill, john bruce steve facebook nouning it has plans to use are all
3:01 am
intelligence to spot unifiers inciting violence. >> they can improve never get everyone you try trip wires do better job of finding these terrorist sites how they communicate no silver bullet sadly to spaeg on this kind of thing foolproof way but they can do in other the other thing they should do is cooperate more with authorities, when you do get an incident like san bernardino, and open up those cell phones if they need to, a case-by-case basis, common sense will go a long ways. >> john is there anything wrong with -- with the private sector government kooblt trying to spot terrorists and killers? >> any time, they gang together to reduce our individual freedoms for something that is wholly symbolic a lot wrong we have a drug war with feds catch a lot of drug dealers but that doesn't dampen drug use in u.s. the idea that they can spot the eventually killers
3:02 am
from thousands of communications, is about laughable to give away a freedom will not make us any more safe. >> i don't know, rich, 80% switching top terrorism for the moment attorney terrorism 80% recruited br supported by isis were recruited via social media a huge number. >> yes, it is, i am glad you draw distinction between at the terrorism groups, the declared enemies of united states nut who shot congressman scalise if you are trying to catch nuts you are going to have to keep up millions people said pretty much similar things about trump in this administration, literally every crazy uncle every thanksgiving party talks like that, but i think it is appropriate for facebook and social media giants to be a little more cooperative, you know with great success becomes great responsibility. indeed,nd to richard's
3:03 am
point, danny colson o form deputy i shouldn't director of fbi talked about how tough it was for fbi personnel to gather all intel we have access to play the tape. >> how many there are like that out there, the fbi could not the opened a case on that, attorney general guidelines would not allow that they couldn't surveil him they have resources -- don't have resources to do that. >> throw up our hands. >> i don't think government should step in you are right facebook is using more powerful al go themselves if they can can do that the threats company should on their one i would say the dcre media machine that has to stop a vicious cycle going on media knows that they played gotcha politics, politicians play into it not every policy difference is life and elite
3:04 am
bernie sanders said obamacare reform will kill thousands climate change a mass extinction a politicians have to step down on rhetoric knock it off. >> are you concerned about what concerns -- the working together of the private sector, and intel sources on this project. >> i am not worried if you mail a threat to the white house you get to visited by police, why should a digital threat be different, so, yes, the fbi, and facebook, should be monitoring online threats the way they monitor online to sell objt yoitz or explosives. >> i you are used of a copy infringement pops up on facebook good at catching some things why can't they be better at catching the bad guys? >> well, i think they will get better at that, i mean, to our audience don't understand what is going on with artificial intelligence they are using this more in the health care
3:05 am
space and steve knows at folks are health care summit ibm watson gave presentation can analyze claims patterns of behavior may not catch a terrorist but can find out whether someone who needs treatment is not getting it. >> yeah, they do spot those continued uses of the same kind of words this guy, used the word destroy a lot in o close approximatity talking about political configures including trump there are algorithms can be -- >> the rhetoric several politicians would be in jail the threats to civilization the key thing is though, on terrorism you can find these sights you can find forms of communication you can find patterns, if somebody is o vertically threatening we must take out the president, that is something that should just pop up and get immediate action. >> there is one -- well not a complete success nothing is
3:06 am
completely successful here, but dealing with child pornography spreading on the web they got pretty good at cutting that down they have not complete eliminated it slowed it down scan we learn from that to say the least we notify we ha been successful elsewhere? >> i don't think so and let's assume that we, could let's assume that the feds could figure out a way to root out every bit of terrorist discussion on the internet is anyone seriously think they wouldn't figure out other ways to sxhk once you secure one target you create another soft target, this war against freedom to fight terrorism is not working we've got to think of a better way to this. >> rich you look at some terrorists involved in their connections with social media, they orlando massacre omar mateen pledged allegiance to isis on facebook good lord a pretty clear example there was garland texas shooting they used social media to directly converse, with people that
3:07 am
were involved in isis so their direct connections we can get better, at tracking. no? >> yeah, well -- certainly. and to my good colleague john, just because it is hard, just because they will change tactics in response to annoy ways of catching them doesn't mean we should not keep trying we have to keep trying we have to you know we have to win this race, one of these days terrorists are going to will get hold of a nuclear weapon it won't be so trifle. >> answer that why do we think incompetence that can't handle he domestic policy an track millions trillions sake us saver i don't think that is saver. >> it i already serious gets more so when talking about weapons of mass destruction that may come into the mix. >> these terrorists are getting really sophisticated using hashtag for soccer events to send out embedded
3:08 am
messages, i would say to the point, that the social media companies have sold this as they are the virtual town hall that they are the place where people come together, to speak their minds, well, the real the virtual -- the real now to say things like that cops stepped in it behooves social media companies to step up if you don't want government in there, and you don't want the -- brand ruined government watching every move you got to really step up. >> it is that old expression if a town hall meeting, it is not legal, to yell there is a fire there when there is not even though you got a first amendment. >> i appreciate john's concern about personal liberty but i think he has to get used to the fact that in the future there is going to be a lot of algorithms watching everything we post. >> thank you very much next, nearly 200 democratic lawmakers banding together to
3:09 am
sue the president over his family businesses someone here says it is just another anti-trump witch hunt. find out why coming next. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance.
3:10 am
3:11 am
3:12 am
voice. . >>. >> nicole petallides with fox business dow closed record high third time this week, s&p and nasdaq closed lower as investors react to the news from amazon buying whole foods in a deal worth nearly 14 billion dollars. this is the latest news by the online retail juggernaut to get into brick-and-mortar retail amazon offers grocery deliver services in markets the news set on shares of others tumbling walmart target. this is ceo bezos is taking to twitter to ask for advice how he he can give away fortune to schairt looking for ideas how he can help people right now, he says he is already received more than 18,000 replies watch
3:13 am
for latest in business financial news giving you the power to talk. david: lawmakers suing president trump accusing him of violating a calmest clause profiting from trump companies who do business with foreign governments whigs says president interests do not violate the emoluments clause, a democrats playing political game. >> steve does this the merit. >> absolutely no nobody had heard of emoluments until after election trying to find ways to discredit donald trump. >> some kind of oil or something. >> perfume something you know late night tv, but the fact of the matter is has not taken money from government to preventative direct bribes extensive holds throughout the world hold reception trump
3:14 am
property somewhere in the world not money into his pockets, he has his suns running it i love it democrats, hillary clinton took 675,000 as there are, for three speeches at goldman not because she was a dazzling speaker, they wanted it because they thought she would be next president of the united states. >> that is the point donald trump pointed out this week, ad eye on finish item is it frivolous. >> i don't think so, i think historic lawsuit if they win, but i think, given what is going on, with -- >> be honest bruce i am sure you have never heard word emoluments before this administration did you? >> i have heard it i don't think i should say it five times real fast, i have heard it. but i think what bugs medium this is sort of a disregard for ethical norms given what is going on now admitting on twitter that he is under investigation, for obstruction of justice, people need to see the tax return that is what this is all about we don't know what he owns we don't
3:15 am
know what his conflicts are. >> maybe ab fishing expedition some previous presidents going to washington ton some arc violated the clause. >> this is i partisanship, of course, now in theory since president nixon every ex president has gotten rich out of office, so based on that you could see say every president is violating some sort of convict or emolument clause simply because you can say every decision has to do with future earnings after office at least in trump's case he doesn't need future earnings. >> sabrina american people don't needed another one wouldn't it be better perhaps to have the trump business interests just find a way of stopping at least temporarily the business in minds of some would violate standards. >> i think some people would like to see some into a blind trust i think david larger point is that unlike, presidents in the past especially in early republic
3:16 am
people have pointed to, who have had business interests government has grown so large, that onlio almost impossible for one from business world to come to washington to serve in the white house, and not have some kind of conflict of interest. >> there is he literally a nothing they don't touch impossible to find attraction we are paying good people don't have a conflict of interest. >> as i mentioned donald trump has a tax not only this but others put in one basket tweet put out thursday saying, you are witnessing the single greatest witch hunt in american political history led by some very bading convict people hashtag make america great again what do you think. >> i think donald trump hurts himself with some tweets i don't think he should have picked a fight with fwoi, trump is not a boy scout no casino owner in the world is a
3:17 am
boy scout the only issue that matters is whether trump colluded with russia to subvert democracy there is no evidence of that. eprobing into financial past is a waste of taxpayer money. >> what do you think. >> i don't know how they can -- experimental harmed they need to approve finding fathers i think the first five had plantations farms they kept our businesses, they were not found to be violating he modelments clause sounds like a margarine brand, so it is this is a business transaction i think going to be tough to prove, that a foreign government official went to his hotel because he is president 37 i mean that is that is the case they are trying to make here. >> bruce what do you think of the hillary charges president trump others put out saying with all money getting from russians both she, and her husband bill clinton from various same kind of people that -- that have these connections with putin that they are suggesting trump is
3:18 am
connected with, they clearly benefited from it so isn't everybody doing it? >> listen, that is one of the things he campaigned on draining the swamp i mean i think that we need to get to the bottom of it, you know he made this a family affair this isn't just handing to kids kids are in the white house, you know this is a completely new territory here. >> shine light on. >> this would be the last word steve americans knew that going in they voted for donald trump knowing about all those connections, with businesses, that is they knew what they were getting into right. >> to oldl two older sons out of the white house running business daughter son-in-law in the white house only two thchl but two out of three kids, they are back at the business. >> all right that is last word cashin in a gang ready the bottom of the hour what you got. >> is hypocrisy over top when comes to coverage of they ek's shootinof gop lawmakers first tests missiles
3:19 am
and nukes now north korea released american prisoner horrific condition time to freeze all assets may be it is see you at 11:30 we will be watching, but up here, first the president wants americans to join his new apprentice program not the tv show, it is his new plan to train people, for good-paying jobs will will it work? we debate next.
3:20 am
♪rock guitar ♪yeah ♪(rock music) ♪all i know is what i've been sold♪ ♪you can read my life like a fortune told♪ ♪and courage built, man i won't let go♪ ♪ate need right now is ...soul♪ ♪(rock music) ♪you can't do this, you can't deny ♪they feed us lines, but i won't act♪ ♪and all good things will come to pass♪ ♪but the truth is all you have to have♪
3:21 am
♪and would you lie for it? ♪cry for it? ♪die for it? ♪would you? ♪i believe ♪believe we're still worth the fight♪ ♪you'll see there's hope for this world tonight♪ ♪i believe, i believe ♪yeah
3:22 am
bringing a inside apprentice program to america this one is executive order to help train
3:23 am
people for jobs veil the media gave the ideas unveiling a hostile reception, here is how labor secretary of state acosta handled the reporter questioning the plan take a listen. >> apprenticeship most complaints against a it for low paying jobs not higher education jobs that you need, and amounts to nothing more than inden turd services. >> that is wrong if you look at department labor data, the average starting salary for an apprentice is 60,000 a year, that is higher than a college graduate. >> rich, in den turd servitude i love the reception to the point labor secretary's point apprentice ship 60,000 dollars a year look at college grad once they leave, even with a college degree, they get a lot less than what "the apprentice" gets that is not inden at youed services. >> it is not jobs in skilled
3:24 am
trades a terrible mismatch tween number of i asked trades jobs that employers can't fill, and the people that are qualified, for them, only one out of 20 public high schools has vocational track need something like apprentice program. >> what we don't need more college debt 1.3 trillion dollars of college debt now this is a way around that. >> well this made me yearn hearing the words apprentice donald made me yearn for days when he was host of that tv show. >> well, yeah,, so, anyway, i would just say that if this this would work, potentially if these businesses are going to get a tax credit of some variety or a grant. david: good point. >> perhaps elevate that a little more, if they are hired on permanently i don't know if there is teeth behind this either way. >> administration has been a little cottagey hag. >> they are going to possibly
3:25 am
get rid of 43 different jobs programs stretched across 13 agencies, labor department budget there is something like six million jobs that are vacant in trades. david: right. >> that need bodies in there i think a smart move and there is an ability integrity to doing things your own hands. >> sector doing it. >> doing away with regulatory a bizarre do it in state level as well some states are doing it connecticut for example has restrictions on the number of apprentices that a company can hire now in process of increasing those numbers. >> good idea or bad. >> good en iit ds use taxpayer money i much rather have taxpayer money used to promote training and let's say nursing or plumbing than have it all spent on reducing college debt for studying post -- >> sabrina 20 seconds to put a button.
3:26 am
>> i like the idea of apprenticeships the particulate is already handling this for last 8 years the administration has been sort of at war with for profit colleges they see are institutions that provide skill based training all the time, in areas that we really need from at a behavioral science to mole care, and you know washington has been giving them a hard time so i think, yesterday, or earlier this week, the -- the -- secretary devos look first a first step. >> sunday father's day the perfect stocks for dads that will make you your dad's favorite. i got a mortgage offer from the bank today. whuuuuuat? you never just get one offer. go to lendingtree.com and shop multiple loan offers for free!
3:27 am
free? yeah. could save thousands. you should probably buy me dinner. pappa's eatin' steak tonight. no. at lendingtree, shop and compare loan offers from top lenders and in just 5 minutes, you could save thousands. lendingtree, when banks compete, you win. i love date night. somebody's ruining it. yeah. well you could leave if you wanted to? do you remember what your sdad and i taught you. about hands only cpr? yes. uh, kind of. if you see a teen or adult suddenly collapse, the first thing you do is...? call 9-1-1. and the second thing you do is? push hard and fast in the center of the chest at a rate of
3:28 am
at least one hundred beats per minute. who even knows what one hundred beats per minute even sounds like? ♪ well, you can tell by the way i use my walk, ♪ ♪ i'm a woman's man: no time to talk. ♪ ♪ music loud and women warm, ♪ i've been kicked around ♪ since i was born. and now it's all right. ♪ ♪ it's ok. and you may look the other way ♪ ♪ we can try to understand ♪ the new york times' effect on man ♪ remember it's only two steps: call 9-1-1. and push hard and fast in the center of the chest to the beat of 'staying alive' until help arrives. ♪ ah, ah, ah, ah ♪ stayin' alive ♪ ah, ah, ah, ah ♪ stayin' alive ♪ ah, ah, ah, ah ♪ stayin' alive
3:29 am
. . david: back with father's day picks, mid co-op companies if a cheap and returning bp 9% for the past 10 years. >> you like it. >> remarkably well for fund can only invest in do-gooder companies. >> why do you like it
3:30 am
all-terrain vehicles. >> sounds like a fun father's day gift. >> -- just a nasty recall. >> two opinions on it that is it for "forbes on fox" have a wonderful father's day number one continues with eric bolling and cashin in. >> investigation into shootings of republican congressman steve as its intensify most in media are not highlighting thewrote of liberal politicians or liberal groups like when democratic congresswoman gabby giffords was shot they immediately appointed at tea party republicans like sarah palin both sides guilt of heated rhetoric be clear why media reaction so different i am eric bolling welcome to "cashin' in." >> welcome to everybody rachel the difference in the media pint out media hypocrisy going not that both sides do

80 Views

1 Favorite

info Stream Only

Uploaded by TV Archive on