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tv   Cashin In  FOX Business  November 26, 2017 3:30am-4:00am EST

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perfect for your indigestion. david: everybody is so agreeable on the holiday weekend. that's it for forbes on fox. thanks for watching. keep is here, the number one business block continues with trish regan and cashin' in. trish: explosive new revelations about the uranium one scandal. a new report says a fbi informant warned the justice department how russia was scheming to gain control of the world's uranium supply, including ours. and yet, the obama administration still approved this deal. why did it? and why is this important now? hi, i'm trish regan, welcome to cashin'. rachel camp rach rachel, and gary, what do you make of the uranium one revelations? >> it adds to the inconsistence that we've been hearing about on this deal and look, the left
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is going to defend this to the end of time. the right wants to put people in jail. for me, it's all about what they should be doing that's following the money. $145 million into the coffers of the clinton foundation from players in this deal before, during and after, add in the fact that the clintons did not disclose it and what you have is simple definition of the potential of pay to play and influence peddling and the fact that there is no big investigation is an absolute sin. one thing we do not want from government people is to make decisions on this country based on them lining their pockets. trish: i've got to say it's really bizarre, rachel. you keep in mind not only was the clinton foundation accepting all of this money, but there was a fbi investigation going on at the time. that's what we've learned. 5,000 new pages have been revealed, information that the informant was providing the fbi
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and so, if you've got an investigation going on into vladimir putin, russia and their attempt to gain access to the world's uranium supply, including in the united states of america, why on earth do you approve the sale of a company that controls 20% of the united states' uranium? >> it's mind-boggling. i'll say this, it wasn't just that the informant was raising red flags, there were very prominent members of the u.s. house of representatives, representative king, representative ross-layton, both experts on and seasoned in national security and foreign policy issues, raising red flags, writing letters and yet, this was approved. remember, 500 million-- half a million, i'm sorry, $500,000. half a million for bill clinton's speech. that's one-fifth paid by-- that was paid by a russian
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backed bank, a kremlin-backed bank. one-fifth of what was paid for by facebook ads that the russians claim influenced the election. and that's what the democrats are saying-- >> they're saying-- they're saying it never got to hillary clinton's desk, and that's the excuse. shouldn't it have gotten to someone's desk? >> of course it got to her desk. this had to be approved by treasury, by state department. hillary clinton was the most powerful member of that cabinet. she was going to be the next nominee and they thought president of the united states. believe me, i've been on boards before. the most powerful member of the board has a lot of influence, she may not have-- herself, stamped that, but believe me everybody at the state department knew that hillary clinton wanted this deal to go through. trish: you know, i just question, juan, why we suddenly befriended the russians during the barack obama administrations.
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and during the bush years, condoleezza rice, secretary of state. she was wary of russian and we knew about ambitions. it was the cover on foreign relations, and u shenco wrote a piece how putin was a danger in other parts and europe and we knew this and suddenly barack obama is there, hillary clinton is secretary of state, the clinton foundation gets $145 million from the russians, and we're now willing to sell our uranium supply? >> well, you know, i feel like i've stepped in here to interrupt your conspiracy theories run amok, but i'm delighted to do it. i mean, you talk about the bush administration, i remember president trump saying he looked into putin's eyes, looked into his soul and saw a good man. you know, if you guys are cherry picking, this is very thin gruel, it's not exposed to revelations, it's excessive explosive upset. there's nothing to this story.
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this story has been debunked which originally appeared in a book many years ago and investigated. in addition to which you talk about the money, this is cashin' in the money came before she was ever a candidate for anything, even secretary of state. it was approved by the nuclear regulatory commission. in other words, several people had authority, she was one of many, it never was-- >> so that's why-- it's not about her? >> no, you know what it's. trish: the party in general. nine people signed off on something like this. >> the republicans are trying to distract and detrail the investigation into trump. trish: i've spent my career covering business and covering these transactions that are going cross-border, it's not easy to gets a deal through, it's not. a lot of deals are dropped. they got this through and got it through at a record speed. and i just question, go ahead, gary i want to get gary here,
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too. i question why this went through so easily and want to know why bill clinton was collecting $500 grand from the russians. >> check on the other presidents. trish: that's one where it's kind of like you might say, hey, if you're hillary clinton-- maybe you should pass on that. >> oh, my gosh. trish: might look like a little bit of a conflict, just a little. >> this reminds me of the controversy over whitewater, again and again and again with the clintons get into huge debates and controversy, and they bury you in paper so you feel like you don't know what he is really true, but guess what? here is what we actually do know now know is true. uranium one trying to corner the market on uranium on the planet, on the-- that's not what the u.s. government wants. that's a negative and yet, units of the government said, a-okay to that. now we've got this insider, this person who did all of this work, it-- taking a look at it and now he's saying a lot of the justice department statements
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are not true and what he's saying there was a problem, yes, indeed. pay to play, super hard to prove, right? robert menendez proved that. there's smoke and a whole lot of fire here. trish: go ahead, gary. >> i want to-- let me turn this on its head. if we wake up next week and we find out that the trump foundation got $145 million from a bunch of russians, there would be about 5,000 investigators out there, calling for their heads, the veins would be popping out of the heads of all of these media people, going nuts about this. look, you know, juan, you say there's no evidence here. the evidence is straight in your eyes. it is about the money exchanging hands. why do-- >> gary, gary, not general statements, not conspiracy, give me evidence. >> the clintons got $145 million and-- >> in other words, they were contributions to a foundation long before hillary clinton was
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secretary of state or running for office and gary says that's the evidence, not guilty, your honor. >> juan. >> the point is this, do you think it's a good idea, given the concern you've expressed, many, many times about the russians. do you think it's a good idea for them to have 20% of the u.s. uranium market? do you think that's a good idea? do you think that should have been approved by hillary or by the administration, obama administration? >> rachel, let me explain. >> it's a yes-no, juan. >> it's interesting because the united states has an interest in controlling how russia deals with uranium. so, our side was interested in seeing that they had some access here, it comes down to. >> oh, could many mon. >> remember, no, no. >> common, remember, none of it. >> congress writing letters saying this is did-- hold it there, hold it there, it was exported. >> it didn't go to russia. >> none exported to russia. trish: stop for a second because i want to clarify the record here. it was exported out of the united states of america. it went to canada.
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>> there you go. trish: it went to canada, it went to europe and you don't know where it goes. >> oh, yeah. trish: you want it going to asia? you want it going to europe, you want-- >> 2%? this is terrible. >> all the other entities you don't know why it winds up, why would you take that chance, juan? >> you would take that chance because it means that the united states is in a superior dominant position with regard to fueling nuclear weapons. >> juan, except that the informant, the informant directly-- the source that we had the informant told the u.s. government that this was part of a plan by the russians to corner this market, that they wanted to do that for their own national security reasons. there was a reason why these legislators in the house were raising flags, were writing letters, and it was ignored by the obama administration and by the-- >> i've got to say the thing this should have tipped everyone off initially, every on that sifius, arz uranium
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holdings. if that doesn't stop you. on top of that, this company was owned by the russian atomic energy company. somebody should have been concerned there and they weren't and i think it's very worthwhile to ask why. coming up, president trump putting north korea back on the state sponsor of terror list. but will this and new sanctions mean a new north korea?
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>> north korea's being put back on the naughty list. finally. president trump declaring the country a state sponsor of terrorism again this week. you know, gerri, this basically means more sanctions for north korea. there's a dispute the way that sanctions work. do you think it's a step forward in terms of getting north korea to rethink nuclear ambitions? >> that is a journey of a thousand steps. we have to do everything in our
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power. when you drill down and look at companies that we're putting limits on, they deserve it. it's the right thing to do. let me tell you how bad things are in north korea. we got video of a north korean soldier running away, crossing the dmz line, a very brave soldier, trying to go to the other side and he jumps in a truck, he gets-- they shoot at him five times and goes through multiple surgeries and you see him running, running being running and soldiers following him and shooting at him the whole way. how much bravery does that take to do, and what does it tell you about the state of the north krohn people? they are desperate, desperate. trish: that's the big question. how long will the people deal with kim jong-un and the suppression they've experienced under him including not just in terms of how they live their lives, but even their economic
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good fortune, destroyed under him. they have, you know, barely any food. they have barely the ability to exist. at what point does this catch up to him? >> and that's what the sanctions are about, you know, tightening the grip on the dictator, the worse the conditions get, the more we can hope that might happen. first of all, i think that most americans woke up this week to go what? north korea is not on the list of sponsors of terror? most are surprised to hear that. trump exposing another area of ineptitude by the bush administration and frankly by the administrations before him and their poor handling of this matter. and it's clear to me when donald trump was elected, his advisors said the number one threat to america is north korea and you can see since day one, donald trump has been taking the threat very seriously. as a citizen that's important to me, it shows me that donald trump cares about the safety of america, america first.
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and that's very reassuring. these additional sanctions sort of close loopholes that were there and it sends the message to all of these companies and countries that were trading with north korea, that they have to make a decision, you either trade with them or trade with-- >> that's important and you made the point that the bush administration failed on this and the obama administration failed on this and the clinton administration failed on this. it's decades of failure with regard to north korea. everybody wants to punt and kick the can down the road and we're now at the point they're so close of getting a nuclear weapon that could hurt us and our people that we can't allow that can to be kicked down the road anymore. china is a big factor in this, let's not forget. china essentially allowed them to be there in the first place. they have a lot more intelligence than we do about north korea. how do we influence china in this whole regard? i know we're trying and that the president has been making
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efforts and china has signed onto some sanctions, but there's a lot more we can do, right? >> well, china is the most important part of the equation, they're literally, 70 to 80% of the north korean economy. they can make a call today and tell them, you are toast if you do not back away. i just don't think it's in their interest at this point in time. i think that sanctions are fine, but we have to go back to 2006, the first u.n. security council put a resolution 1718 which demanded north korea cease and desist from going after nuclear and prevented others from providing material. how did that work? >> not so well. >> there's been eight more resolutions and they haven't worked either. i'm afraid, look, we're going to need china and probably russia, also, it seems they're meek and mild. the good thing about the sanctions, china is a part of it. trish: the reality is, we have
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financial influence with china and russia, if we said we're not going to trade anymore because we don't appreciate what you're doing in north korea. that would have significant consequences. >> absolutely. remember, i want to pick up on something that gary said. we have been talking about the chinese, the russians are the ones who stepped in as sanctions have been aboput in place by the chinese. and why isn't putin going after them? we have sanctions against russians action ins ukraine and some of the eastern european republicans. what we need to do is put pressure on russia as well as china. this has to be a concerted diplomatic effort. hats off to rex tillerson and hats off to donald trump for sending an emissary to talk. trish: wow. >> i don't know that there's anything substantive and beyond normal, but i'm hopeful. trish: all right, we've got that on tape. juan williams saying hats off to donald trump, and to rex tillerson. by the way, i would only point
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out, juan, this is why we were so worried about the russians getting uranium in the first place. >> here we go. trish: coming up, one thing buried in the g.o.p. tax plan that many taxpayers will like, but illegal immigrants won't.
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now, back to cashin' in. . trish: a lot of illegal immigrants could be out of luck if the g.o.p. tax cut bill passes, inside the house plan is a new rule that would only allow a child tax credit for anyone with the social security number. and that would prevent illegal immigrants from using just a
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tax i.d. number to get a tax refund. gerri, how the heck is it they're getting refund when they're here illegally to begin with. they're making the crimes and this is the most abused in the tax credit. we're losing 25 to 30% of the money we pay out. some $7 billion every year to fraud. we have to keep that in mind. trish: juan? >> i think these people are paying taxes, legal or illegal and if we can prevent people from living, especially in this country, in impoverished conditions and hungry children on the street. we don't want this. this is a matter of social policy and well thought out. trish: i appreciate the altruiusm. you come here illegally and now we're supposed to support you in some way, shape or form. >> this is tax payment above and beyond what they paid into the system in their taxes. listen, when i've asked juan if he wants to defend this to good
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hard-working americans who are having two, three jobs to put food on the table, and they expect that the taxes they pay are going to american citizens and to programs for veterans and other things of need, not to people who are here illegally. trish: gary, real quick, your thoughts. >> raise your hand if any of you knew about this? unfortunately, it's not just this, it's tens of billions of dollars are out there. you shalled to people that probably, possibly, should not be getting it. trish: coming up, everyone, how a trump tweet could mean kids will get extra under the christmas tree.
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>> welcome back, starting with you, what have you got. >> unemployment is down and wages are rising and i think that santa is feeling that this year. if you're a little kid. it's a good time to be on the good list because santa will feel more generous, at least
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more than the obama years. [laughter] >> and that's the economy, and i don't think that there's anything, but a lump of coal under the christmas tree for most tapes. although he promised a cut by christmas, it ain't coming, folks. >> gerri. >> uber is in front of a congressional panel and they managed to move personal data and they covered it up. watch for that. >> and it's up 20% and over the next years, china is it a big strong part of their business and earnings in revenue are now accelerated. trish: i've got a little one. i'm going on a limb and agreeing with juan here. i don't think that republicans are going to pull it together. i don't think that the tax cut is going to happen by christmas. could happen in the first quarter of next year, but that means they've got to get their ducks in a row and fast. thanks to the cashin' in crew. thanks for joining us. that's going to do it for the
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business block, i'll see you weekdays on fbn weekdays. tha. >> here is lou. lou: good evening, breaking tonight, growing calls for democratic congressman john conyers to step down over sexual harassment allegation. >> taxpayer demand to know who is responsible for the outrageous, congressional slush fund used by senators and congressmen to hide both their identities and acts of sexual molestation and abuses. we'll have that report for you here. also, drn new video that captura north korea soldier's daring defection, that video details on his escape from the land of kim jong-un. >> three u.s.

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