Skip to main content

tv   After the Bell  FOX Business  August 2, 2017 4:00pm-5:00pm EDT

4:00 pm
david: dow closing above 22,000 for the first time ever. this is the sixth record close in a row. mixed bag for rest of the markets. we don't need to talk about them too much when deal with a major record. 50 points to the upside on the dow. that takes us well above 22,000. er we're so glad to join us as history is being made. i'm david asman. melissa: i didn't want to wear green. i thought that would jinx it. i'm melissa francis. this is "after the bell." it has been 1109 trading days since the dow closed above 211,000. the traders are celebrating on
4:01 pm
floor of new york stock exchange -- 21,000. where we find our own nicole petallides. what is the scene like? >> i like the graphic. 20,000 was in january 2017. i wore my green turtleneck on that day, melissa. people are feeling pretty great. you see dow 22,000. we had to close above the 22,000 mark. took 100 days. that was the 7th fastest span for 1000 point milestone. the fastest tied, 10,000 to 11,000 back in 1999. big picture, since the inauguration, we have seen obviously the markets run up and this is now the sixth straight record close and 49th record since the election. 32 record of the year. we have the dow 22,000 hats. we say thank you to apple ultimately. apapproximately contributed big points. 50, 60 points.
4:02 pm
finished up 5% and hit an all team high. mcdonald's, united technology, 3m and intel as well. so, melissa and dave. david: it is so great. i love to give good news much better than the financial crisis where all i was talking about was layoffs. here is the hat. melissa: i love it. send one our way. someone not tired at all of winning just yet. >> the stock market hit all-time record high today, over 22,000. it will go higher too. we're doing a job. you will see jobs are pouring back into the country. factories and plants are coming back into the country. we're going to start making product in america again. >> the dow is up 20% since president trump's election which was just 183 days ago. that marks fastest 20% jump after new president's election since president george h.w. bush nearly 20 years ago. let's bring in today's market
4:03 pm
panel. robert wolf, ceo of 32 advisors, former economic advisor to president obama. he is also a fox news contributor. heather assume -- from sunameria funds and keith bliss. we'll start with you. do we go higher here? do we take a little break? what is your best bet? what does it feel like? >> i don't think we run off to the races but what i look back at quantitative and and tell call work and broader market and sectors and subsectors that this market is very well-positioned to move higher without a lot of overhead resistance in front of it. we're in a lot of new territory. therefore you don't have a lot of overhead resistance. all trading averages trading above 50 and 100 moving
4:04 pm
averages. i'm actually very encouraged. as long as the earnings picture continues to hold up, as long as craziness around the world doesn't got too crazy i think money flows into u.s. equities and pushes this market higher. melissa: heather, no matter who i talk to ceos or people with money in the market or people with funds, they talk about the fact regulations have been pulled back. they also think they will see that tax reform will take effect in 2017, and that's what is behind a lot of positivity, momentum in the market but also the economic growth. what do you think? do you agree with that? is there more at work, less at work? >> it sure is, melissa. tax reform or promise of tax reform has a lot to do with why the markets are going up but you can't ignore fundamentals here. whether or not that happens i think that was a big factor in november-december, during president trump's during the election and then when he ran up in january.
4:05 pm
now the markets are running up on fundamentals. 12 1/2% earnings growth. gdp president trump referenced 2.6% and rising. those are all positives for the market to continue higher from 22,000 today. melissa: robert, your take? >> well you can't, you can't beat these earnings. 75% of the companies have outperformed. we stay in this low rate environment, low inflation environment. so it feels good. i would tell you i'm pleasantly surprised. i would have thought without a big legislative win it would be much more volatile but you are talking about the vix earlier on and there is a lack of volatility in the market. i think all eyes will be on what the fed does. they will continue to go very slow pace of raising rates. melissa: keith, what do you see as factors ahead that could derail this or keep it going? is it about the fed? is it about legislation? what do you think? >> i think in the short term i really don't see anything that will stop it especially when you look at the participation that
4:06 pm
we have here in the market, and what we will likely see for remainder of august. when you have lack of participation and momentum of sentiment working way it is it will continue to grind higher. longer term there are headwinds we need to be worried about. we need to worry about economic growth and finer points underneath that check growth. how long can we push the market higher with productivity down levels it is. if we get legislative stalling because people don't agree with plans around taxation or derail president trump's plans, that is a risk we have there. some internals with look at. we do need a larger participation across a broader plane of stocks to push these markets higher. keep an eye on the russell 2000. that will be key as we get through the summer and into september. if that can catch up with bigger indexes we'll be in good shape. melissa: keith bliss, robert, heather. david: they are relying on tax cuts. trump administration is planning
4:07 pm
to take trade measures against china. fox business's connell mcshane in the newsroom with the latest. reporter: david, the administration could be looking to get tougher and tougher than it has been with china with regards to trade the first six months in office, take a little bit of a tougher stance. you see it bits and pieces earlier from the president in the week. he was disappointed they do nothing for us related to north korea. whether this is related to that is unclear. but what is clear talking to an administration official earlier this the day about this, there is talk about taking action against the chinese with regards to trade and specifically with regards to the chinese theft of intellectual property. that is an issue out there for years and bothered american companies for years. an issue by the way on this president's mind for quite some time as well. watch. >> china engages in illegal export, subsidies, prohibited currency manipulation, and
4:08 pm
rampant theft of intellectual property. it is rampant, it is out of control. they also have no real environmental or labor protections, further undercutting american workers. if china does not stop its illegal activities including its theft of american trade secrets and intellectual properties i will apply counterveiling duties until china ceases and desists. port tort that -- reporter: that is campaign talk. the man to watch robert lighthouser, the trade representative. there is talk of doing something on this but nothing is quote, unquote imminent. so we'll see. it would be a change for this president in terms of a relationship with china and his counterpart, xi jinping. you see him walking in april with the chinese president. david, president talked about you who the two are friends, what have you. we see something of a change the way he addresses china.
4:09 pm
we might see something substantial on trade here in the not so distant future. we'll see. david: sometimes you have to talk tough even to friends. we'll see what happens. no sanctions as of yet. a lot of tough talk. connell, thank you. we're back with robert, heather, keith i believe is back with us as well. robert, you and i are free traders, we always have been and always will be but something had to be done with the intellectual theft problem with china, right? >> yep. david and you spoke about it when i was member of president's transport council i was for tpp and tpa we have 350 billion-dollar surplus with china. we have to do something. my approach enter the tpp and have us trade with 11 countries not including china, build better relationships with that. that being said if you're not going down that path which we're not going down you have to make sure we're tough on trade. i would continue to watch the dollar. i think it was melissa said it
4:10 pm
earlier. we're at, i don't know 15-month low on the dollar. i think it will be very interesting to see where trade goes with the dollar. david: actually low dollar does help our own exports but, heather, what concerns me more than trade imbalance, we've done very well when we had years with trade imbalance is this intellectual theft and rehaves engineering china is so famous for. where does it go from here? beyond the talk what kind of sanctions would stop that? >> well, i think we're targeting china. obviously we want fairtrade, not just free trade because if you look at the past interventions, past 200, 250 years, this country is only 300 years old but most of them have come from the u.s. china we know does a great job copying and coming out -- david: heather, specifically, i'm sorry we're running out of time specifically what happens now? do we get in, is there danger of a trade war if we start down the
4:11 pm
sanctions route? >> i will wait, have the administration make a call on that in terms of a trade war. i hope not. i don't know if we'll receive bipartisan support on this legislation. i know robert just agreed to it. we'll see if you get bipartisan support across the aisle to pass it and discuss trade war if that happens. david: robert, as concerned you and i both are, you're more concerned with the trade imbalance, are you concerned at all about possibility of a trade war? that helps no one? >> absolutely. i'm not a protectionist but i agree with fair trade and labor standards. it is interesting i know you have to go, senator schumer brought about not approving of any deals with china going into the u.s. with the cfius process. there are angles we can approach other than a trade war. david: thank you very much. robert, heather, good to see you both. melissa. melissa: senate is still in session this week. health care is on the backburner as insurers warn americans under
4:12 pm
obamacare get ready for a big spike in premiums. karl rove joins us on this and much more coming up. david: plus the president slamming a bill he just signed into law today imposing sanctions on russia, iran, north korea. why he is calling parts of it unconstitutional and signed the bill nonetheless? melissa: president trump also throwing his support behind a bill that could cut legal immigration levels in half. we're going to explain that one coming up. >> as a candidate i campaigned on creating a merit-based immigration system that protects u.s. workers and taxpayers, and that is why we are here today. poor mouth breather.
4:13 pm
allergies? stuffy nose? can't sleep? take that. a breathe right nasal strip instantly opens your nose up to 38% more than allergy medicine alone. shut your mouth and say goodnight, mouthbreathers. breathe right. ♪ the great beauty of owning a property is that you can create wealth through capital appreciation, and this has been denied to many south africans for generations. this is an opportunity to right that wrong. the idea was to bring capital into the affordable housing space in south africa,
4:14 pm
with a fund that offers families of modest income safe and good accommodation. citi® got involved very early on, and showed an enormous commitment. and that gave other investors confidence. citi's really unique, because they bring deep understanding of what's happening in africa. i really believe we only live once, and so you need to take an idea that you have and go for it. you have the opportunity to say, "i've been part of the creation of over 27,000 units of housing," and to replicate this across the entire african continent.
4:15 pm
4:16 pm
melissa: president trump announcing new sport on immigration policy that would base immigration on merit. adam shapiro live outside of the white house with the latest on this one. break it down for us. reporter: essentially has to do with green card applications and people who refer administration gets golden ticket to legally emigrate to the united states. this was outlined for us this morning with legislation introduced on the hill and that the president does support. it would also cap refugees at 50,000, but there was a press briefer today, usually you would see sarah huckabee sanders but first there was stephen miller, advisor to the president who was answering questions about the new policy and it got very heated. just watch a bit of exchange with mr. chaos at that from cnn trying to accost at that talking about, referencing poem statue of liberty about, gives your poor, tired weak. watch exchange.
4:17 pm
>> do you really, cn in the not know the difference between green card policy and illegal immigration. the notion you think this is racist bill is so wrong and so insulting. jim, reality is, is that foreign-born population into our country has quadrupled since 1970. that is fact. mostly driven by green card policy. reporter: so there was that exchange. i'm sorry i thought we had a part of mr. acosta there. i guess not. there was other questions how this would impact americans and the administration is saying this is designed to also help americans at lower end of economic scale obtain and retain jobs. here was the response to april ryan who asked questions about was the administration targeting the african-american community and to help african-americans obtain jobs and keep those jobs? here is what mill already said. >> we want to help unemployed african-americans in this country and unemployed workers of all backgrounds get jobs.
4:18 pm
insinuations like jim made trying to ascribe nefarious motives to compassion @immigration measure designed to help newcomers and current arrivals alike is wrong. reporter: so, then we got into the rest of the press briefing with sarah huckabee sanders. there were other issues in washington but none as heated with this. there was a brief discussion about tax reform. you have republicans saying they will go it alone. mick mulvaney on fox saying pretty much the same. heard that from mitch mcconnell yesterday. business as usual. back to you. melissa: acosta trying to get on tv. so transparent it is embarrassing. thank you. adam. breaking news. tesla reporting second quarter results. let's go back to nicole with numbers. >> looking pretty hot, melissa. the stock is up over 3%. results came in, quarterly numbers beating the street. a loss of $1.33. but estimates were for a loss of
4:19 pm
1.82. revenue beating street of 2.79 billion. breaking it down we're seeing growth overall. they're seeing orders for model s and model x increasing. model 3, production outlook, we'll see if they stuck with what they were saying originally. they expect to ship 1600 model 3s by september. we heard about 500,000 orders. they're saying right on track with all their numbers. i would like to hear more about the cash burn. they had to pump it out. they talked about manufacturing hell. they will burn through $2 billion as they're ramping up production. that is something we watch. we're seeing stock up about 3%. if you want model 3 abroad internationally, you can order that beginning in 2018. you have to wait. melissa: fun car, but taxpayer dollars there going to help other people buy a car that taxpayer can't afford. david: bingo. melissa: i don't know about that. nicole, thank you. david: robert wolf and heather
4:20 pm
zumarriaga are still with us, gary guess tell lou, automotive editor. gary, let's start with you. we heard elon musk talk about the 500,000 figure. it hasn't been confirmed by the company. what is the deal there? is he talking out of his hat or do of this really 500,000 orders? >> really unclear. the first big number was 373,000. he ad one point said 500,000. that was never confirmed. is that the total number or number people ordered and some dropped out. we're not sure at this point. we'll never know for a year or two. they will never clear up the number. we'll have to see where sales are a year from now, 18 months from now. david: robert talk about the cash burn. as nicole say they're burning a lot of money. they're not losing as much as people thought they were in the report but still they will apparently, if they do have 500,000 orders or anywhere nee that, they will have to raise more money.
4:21 pm
with a cash burn like this how long can that go on? >> there is no question. revenue number was good. loss number was better than expected, but i think you're spot on, david. it is all about cash burn. they will probably go back to the debt markets defend so these low rates help them. as at some point as your ought to analyst right we need to figure out what the right numbers are forward-looking auto sales. away from tesla, sales are starting to get soft. they're clearly an outlyer if this is accurate. there is a lot going on. they have the big solar acquisition that they have recently taken over in the past year. you know, solar is interesting space to be in right now especially panel space. david: then you have elon musk talking about his depression. we wonder what all of that is about but nicole has more information for us down at the stock exchange. go ahead, nicole. >> just as you and david, and robert were speaking about is cash.
4:22 pm
david einhorn has been shorting tesla this whole time. we found out in the report, more than $3 billion cash on hand at the end of the quarter. david: okay. >> the talk was they had 4 billion, burn through two and probably have to raise money going forward so we'll see. they have 3 billion cash on hand. david: heather, about losing money quarter after quarter, remember amazon did that, heather for years and years and years, look where they are. >> look where they are. david: so the question is, is it any different with tesla? >> yeah. well, i obviously think that 500,000 car unit that, units that they want to produce in 2018 is a little bit optimistic but i get where they're going. expected loss of 1.33 dal was less than anticipated and revenue looks great. david: good for them. gary, robert, heather, thank you very much. nicole from the stock exchange. appreciate it. melissa: roadblocks against tax reform. senate democrats laying out
4:23 pm
demands for bipartisan reform. why critics say it leaves little room for compromise. david: i'll say. plus are some republicans hoping for presidential failure? why one commentator saying establishment republicans are to blame for slowing down the white house agenda. we'll talk with karl rove, advisor to president gw bush. >> they agree with democrats and don't agree with a other issues. >> that is not what they told us. >> not what he is in favor of. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car.
4:24 pm
liberty stands with you™. liberty mutual insurance.
4:25 pm
4:26 pm
david: fox news contributor laura ingraham lashing out against establishment republicans not uniting with donald trump. >> a lot of them don't want donald trump to succeed. they don't like his policies. they crushed him, they never got over it.
4:27 pm
the day after the election they began plotting what they hoped would -- david: karl rove, comer george w. bush senior visor, fox news contributor. i wonder if she was talking about you among others, karl, what do you think? >> i don't know who she is is talking about. republicans in the house moved on the president's health care agenda. in fact they were moving when it wasn't really clear what the white house was going to come down in favor of. yeah, we had problem in the senate for reasons i find inexplicable. john mccain shows up to vote to proceed to debate. says i don't want the skinny bill to be the final measure. i think we need to go to conference committee to work on this more. i want speaker of the house to give me commitment they will not immediately take up skinny bill. the speaker of the house awayses himself in front of senator mccain. of course we won't, we'll go to conference committee and work on this more. what does mccain do, votes against it. i don't get it. david: blaming mccain not going along with the president.
4:28 pm
that leads who is more responsible for congressional inaction, president trump as some are saying, jeff flake seemed to imply that at one point i was specifically mentioned by laura ingraham one of those republicans wants him to fail. is the president responsible are congressional, congressional actors themselves? >> look there is plenty of blame to go around but i have to say the president of the united states, whatever party they are, is the, you know alexander hamilton was correct. there is energy in the executive. and that president has to lead congress. david: that's true. >> like herding cats. for seven years i was at white house. we had republican majority in senate for five 1/2 of those. we had a republican majority in the house for six of seven. it was always herding cats. you need to be, white house needs to provide clarity as to policy. needs to be providing venue to solve disagreements within the congress it self. and it needs to work hand-in-glove with sponsors in the house and senate. david: it needs to connect most important, karl, i'm sure you would agree, needs to connect to
4:29 pm
the american people. no president since ronald reagan has had that ability on a gut level to identify with americans real hidden concerns, things that have been bugging them for years than donald trump does. so if he can use general kelly, use a new platform, maybe make more prime-time speeches, and directly to the american people, he can get somewhere, no? >> yeah. will there is a piece tomorrow in the "wall street journal" on this very subject. david: written by whom? >> recommendations to general kelly on this regard. brilliant piece. i think i have done a really good job on it. david: i think i know who the author is. >> exactly. one other issue in this regard we need to talk about, donald trump doesn't have connections previous presidents have had with his leadership in the congress. there is no long-standing personal relationships. hasn't run into them on the campaign trail. david: he campaigned against them. it is not a surprise, is it? his whole campaign message these guys inside beltway have to get kicked out.
4:30 pm
i want to get one more thing in because we're running out of time. the whole issue about tax reform. we care about it desperately at fox business, as good as market is, great to have a new record, but i don't think economy is moving as fast as it could be. if you have tax cuts it could he get that. democrats came out, lay down some markers what was acceptable and what was not acceptable in terms of that. it is ridiculous. i mean they essentially say that they're only position is there could be no tax cuts at all. >> yeah, look are you shocked that chuck schumer lays down conditions that are impossible for republicans to meet? look, republicans ought to ignore them but attempt to reach out to democrats, do it, do this tax cut under reconciliation. and try to find democrats who will agree on merits of territorial tax system that doesn't tax profits of u.s. companies twice, lower corporate tax rates in order to encourage investment in plants and equipment. cut in personal income tax rates in order to spur economic growth.
4:31 pm
that is what we ought to be aimed at. we try to convince democrats to come along in pro-growth tax cut. david: they are not going to. with leadership like schumer, maybe one or two. >> all we need. david: health care reform. here is what omb director mick mulvaney says about health care. take a listen. >> obamacare is still broken. it was just as broken today as it was last week in fact more so. the president is not giving up on this i think what you're seeing from the white house encouragement to the senate, especially senate to stay not give up either. the president is not giving up. they shouldn't give up. david: karl, do you agree? >> i agree. this is big promise to the american people. maybe there needs to be incremental reform but incremental reforms ought to be things that shore up individual market and make conservative changes in our health care policy that move it in reform direction. david: if you want to hear about general kelly and how he can get this organization inside of the white house moving along as it should, read karl's column tomorrow in the "wall street journal." karl rove, thank you very much. >> appreciate it, sir.
4:32 pm
thank you, david. melissa: taking note from president reagan. with all the negative coverage from the mainstream media, does president trump need to go directly to the american people? david: yes. melissa: we're talking about that coming up and david. all eyes on north korea as u.s. prepares for the worst but should we be watching china more closely? the fallout next. david: china. >> we're trying to convey to the north koreans we are not your enemy. we're not your threat but you're presenting unacceptable threat to us. and we have to respond.
4:33 pm
rethink what's possible. rethink your allergy pills. flonase sensimist allergy relief helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. flonase sensimist. ♪ wheyou wantve somto protect it.e, at legalzoom, our network of attorneys can help you every step of the way. with an estate plan including wills or a living trust that grows along with you and your family.
4:34 pm
legalzoom. legal help is here. is everything ok?adt, i could hear crackling in the walls, and my mind went totally blank. all i remember saying was, "my boyfriend's beating me" and she took it from there. when a fire is going on, you're running around, you're not thinking clearly, so they called the fire department for us. and all of this occurred in four minutes or less. within five minutes. i am absolutely grateful we all made it out safely. it's kind of one of those things you can't even... you cant even thank somebody. people you don't know actually care about you. to protect what you love, call 1-800-adt-cares
4:35 pm
4:36 pm
david: we made it folks. take a look at this. history on wall street. the dow closing above 22,000 for the first time ever. this marks the sixth record close in a row. the blue-chips are now up 20% since president trump's election. something to celebrate. melissa: all right. signing the dotted line. president trump signing into law new sanctions on russia, north korea and iran. despite having some reservations. president writing in a statement quote, the bill remains seriously flawed, particularly because it encroaches on the executive branch's authority to negotiate but yet he despite its problems i'm signing this bill for the sake of nationalunity. here is david sears, retired navy seal. he agreed with the substance of sanctions. they make sense in terms of
4:37 pm
punishment, and commented about the idea it seemed like a gotcha. here is a bill that makes sense but we'll tack something on to it that sticks it to you. sort of, to me it seemed like hoping he would wouldn't sign it because of that part. then, it would be a whole trap. am i reading too much into it. >> no, i don't think so at all. you're right, seeing this as lawmakers did through lenses of campaigns and politics, doing things to russia or try to change russia's behavior. so i think the bill was called countering america's adversaries through sanctions. it probably could have been called countering america's executive branch through sanctions. melissa: unfortunately seems when you take this kind of a negotiation to congress there is more politics in it than long-term strategic thinking but i want to ask but the show of force from the united states. the u.s. successfully testing an unarmed the intercontinental ballistic missile today.
4:38 pm
as it ramps up defense it being tactics against north korea but china flexing its muscles with a series of its own missile tests. david, talk to me about what china did in response. we talk about missile tests in terms whether they're defensive. that is what rex tillerson likes to say about the tests we were doing versus offensive, as we seem to have seen from north korea. what about china, what was their move? >> they're also demonstrating their capability. they're left with no choice to say here you go, we also have capability to launch missiles as well. everybody is doing a show of force piece right now. it doesn't amount to anything. it will not change the behavior of north korea at all. so, a test of an anti-ballistic missile system shows ability, layered defensive system can take outlayered ballistic
4:39 pm
missiles launched against us is a show of force. melissa: why are we only ones are concerned about this problem? doesn't seem like anybody else taking problem of a nuclearized north korea with somebody who seems totally iraqal not playing by any rules whatsoever at the helm? we're the only ones worried. >> you're absolutely right. primarily because we are worried, it allows other people to take a back seat. same idea with nato in europe, russian aggression there. so europe's able to take for years a back seat to the u.s. relying, that the u.s. will protect us when necessary. so you're absolutely right. same thing in far east asia, the u.s. will protect us if necessary. let them worry about it. we become the front voice for everything while the rest are able to take a back seat say things behind the backs or in diplomatic channels easier. melissa: but seems like the only way to stop this from being a military situation is if china
4:40 pm
gets involved. they're not interested in stopping north korea. does everyone realize seems like this is coming to an inevitable and not great conclusion? >> you're absolutely right. china is the only one that is capable of putting enough pressure to bear on north korea to get them to abstain from these activities, from pursuing nuclear weapons with these missiles. we have to find what is incentivizing china. right now china sees us, the united states, and our alliance with south korea, as a greater threat, ballistic, anti-ballistic missile. the thaad system in there greater threat to china than north korea's pursuit of intercontinental ballistic missiles, nuclear weapons and biochem weapons. that we are the greater threat, u.s. and south korea. china wants to see never a unified korea with u.s. troops there that are able to be right up to the river butting up to
4:41 pm
china. melissa: david, thank you. >> thanks, melissa. david: james comey, the author, controversial former fbi director inking a deal with flatiron publishing worth reported $2 million, writing about leadership, his handling of the hillary clinton investigation, as well as russian interference in the past election. no word about whether he will say anything about leaking. the book is scheduled for release next spring. melissa: big surprise there, right? chatty cathy getting a book deal together. david: pretty good. melissa: new sanctuary battle. how one violent crime is forcing residents to rethink their city's status. plus it is nice work if you can get it. one reason why government workers are not like your average americans. david: no. ♪
4:42 pm
♪ ♪ ♪ ♪
4:43 pm
4:44 pm
4:45 pm
david: state of washington deemed to be a sanctuary city fighting back, with residents pushing for a vote whether the city should continue to protect undocumented workers. fox news's dan springer is in seattle with the very latest. hi, dan. reporter: hey, david. vicious attack happened june 25th in washington, a city just south of seattle. local law enforcement officials could not or perhaps would not tell us immigration status of 23-year-old man charged with committing this heinous crime. yesterday immigration officials finally confirmed to fox news, salvadore garcia was illegal immigrant but since 2013 was allowed to stay as so-called dreamer under the daca program. he was caught on surveillance camera and witness peering at girls in the apartment pool after 9:00 at night. the 19 year-old victim was
4:46 pm
running on complex gym. she was brutally attacked. according to the probable cause document she had bloody head, missing teeth. was only wearing her tank top. her ear was torn and dangling. numerous cuts on her head. upper lip was torn. bleeding unable to talk. she suffered a broken orbit tall bone, broken jaw and broken nose. rape kit discovered mail dna. the attack happened as city debated its sanctuary city law which was passed in january. a citizens group has collected enough signatures to get a referendum on the november ballot. that leaves three council members want that ordinance to say. >> we need to make sure every member of the community feels safe coming to the police, coming to the government. if they see a crime, we want to make sure every citizen comes forward and that they feel safe here. that is in all of our interests. it is moral around right thing to do. reporter: burien hispanic population is 2 hers and growing.
4:47 pm
critics of the sanctuary city law say it sends wrong message and makes residents less safe. >> if you want to lean toward having this welcoming, we want everybody here to be happy and feel safe, how can we guarranty that if we don't know anything about people living in our midst? reporter: salvadore garcia last renewed his daca status in january of this year. it was revoked just yesterday by the feds. he is being held on bail of $350,000. david? david: revocked a little late. dan springer, thank you very much. melissa. melissa: think working in the private sector pays more? think again. the average government salary in 2016 -- david: holy mackerel. wow. melissa: david get up off of the ground. it was over $83,000 per year. compared to the average pay for the private sector job in 2015, which was found to be just over $48,000. look at that, almost double. this is according to a report
4:48 pm
from the office of personnel management, released in july. this means that on average u.s. government workers earn nearly double the annual salary of americans in the private sector who by the way are paying salary of those other people. also worth noting, is a 2012 congressional budget office study found that federal workers are generally older, more educated, more experienced than most workers in the private sector. meaning that they have been hanging around in those jobs for a lot longer. pay more. david: benefits, benefits. you're set for life if you have one of those jobs. i grew up in d.c. melissa: your tax dollars at work. david: didn't used to be that way. things have changed quite a bit. straight to the people, mainstream media largely ignoring the president's economic policies and new records on wall street. how can president trump change the message? next brent bozell from media research center sounding off. ♪ experience unparalleled luxury at the lexus golden opportunity sales event
4:49 pm
before it ends. choose from the is turbo, es 350 or nx turbo for $299 a month for 36 months if you lease now. experience amazing at your lexus dealer. poallergies?reather. stuffy nose? can't sleep? take that. a breathe right nasal strip instantly opens your nose up to 38% more than allergy medicine alone. shut your mouth and say goodnight, mouthbreathers. breathe right.
4:50 pm
approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of
4:51 pm
aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence.
4:52 pm
go long™. ♪ melissa: tesla shares soaring after releasing suck results. model 3 production they say is on track to meet previously released targets and the company plans to increase model 3 production to 3,000 weeks a week in 2018. you can always dream. david: 5%, unbelievable. president trump pushing hard to tackle tax reform and health care with the constant negative media coverage droning on and on does need to take a different approach? brent bows sell, great to see you. you've been covering the media forever, you know better than anybody, it is now, but always tilted to the left and hate this is president.
4:53 pm
isn't it time to take a different approach? don't harp on fake news and take his message directly to the people in a prime time address or something like that? >> there is not a thing, david, there is not a ink thing the man can do for which he will get credit, nothing. the man who could, donald trump could find the cure for cancer tomorrow and cbs would report about all a the doctors have been put out of work. david: right. >> this is just, these are reality. so what do you do? you have to go around the press. i do believe that there is a time and a place to beat them up but i also think that he needs to also transcend them. david: yes. >> he needs to go directly to the american people. ronald reagan was very good at doing that. donald trump is a master marketer. he needs to look at better weapons than just tweeting. there is a time and place for that. david: absolutely. >> but there are other things he can do. david: tweeting and town halls and calling out of fake news, that really helps with his base. there is no question.
4:54 pm
but that will never get bigger than the 35%. reagan's ability to reach independent even into the democratic camp to pull people over to his side. trump has done some of that but he could do more with a prime time address. you mentioned reagan. we want to play a little clip. when reagan was pushing for tax reform in '81. he had a lot of resistance. it wasn't easy sailing by any stretch. he took it directly to the people in prime time address. here is part of what he said. play the tape. >> are you entitled to the fruits of your own labor, or does government have some presumptive right to spend and spend and spend? david: brent, doesn't that message still resonate? >> absolutely does, it absolutely does. i think more so today than ever before. you have a public just had it with washington, far more than when ronald reagan came. so i think he could connect very well. but look, listen to the speech that he gave in poland. david: yeah.
4:55 pm
>> when he went overseas. david: president trump. >> it was reaganesque what he had to say. david: it was. >> it was startling. anybody who knows donald trump will tell you that personally, in person he is far different person. i would like to see that donald trump come out, and that donald trump communicate. david: it is ironic that we do see it -- ironic we do see it when we go overseas. i would love to see it here. i have to get you, after saying, dismissing all fake news stuff i want to bring it back into the picture because it is grist for your mill. potsch: you each drive a ford pickup, right?
4:56 pm
4:57 pm
(in unison) russ, leland, gary: yes. gary: i have a ford f-150. michael: i've always been a ford guy. potsch: then i have a real treat for you today. michael: awesome. potsch: i'm going to show you a next generation pickup. michael: let's do this. potsch: this new truck now has a cornerstep built right into the bumper. gary: super cool. potsch: the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. jim: aluminum is great for a lot of things, but maybe not the bed of a truck. potsch: and best of all, this new truck is actually- gary: (all laughing) oh my... potsch: the current chevy silverado. gary: i'm speechless. gary: this puts my ford truck to shame. james: i'll tell you, i might be a chevy guy now. (laughing)
4:58 pm
.
4:59 pm
>> you can now help protect the earth from aliens. nasa is hiring a planetary protection officer to make sure humans don't contaminate planets, moons or other objects
5:00 pm
in space and prevent alien microbes from spreading to earth, this makes sense. >> the job has a salary of up to $187,000. candidates must have one year of engineering experience and must have majored in physical science, engineering or math. >> here's "risk & reward." >> markets around the world are in turmoil at this hour over trump's astonishing victory. >> america crying tonight. >> everybody is crying. >> global investors expected and wanted a hillary clinton presidency, they didn't get it. >> wake up in the morning and reaction to the stock market. >> is there a doomsday plan? >> global markets were quick to respond to donald trump's defeat of hillary clinton, sinking in anticipation of a trump presidency. liz: that was the media then on election night. this is the market today. shattering records making history yet again.

99 Views

info Stream Only

Uploaded by TV Archive on