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tv   Kennedy  FOX Business  December 7, 2017 8:00pm-9:00pm EST

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ever had, and the reason for that is iran. lou: we'll conclude with that optimistic share. join us tomorrow for the president's rally in pensacola. kennedy: senator al franken announces his resignation but he never apologized. potentially big new developments in the mueller investigation. and bitcoin now worth more than $16,000. why is it is mowing -- why is it exploding in value? brian brenberg is here. al fringen announced his resignation and delivered a creep insurance policy to his
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party. while he lacked contrition and essentially refused to take responsibility for the sexual misconduct's accused of. he did take a jab at the president and senate hopeful roy moore >> i am aware that there is some irony in the fact that i am leaving while a man who has bragged on tape about his history of sexual assault sits in the oval office, and a man who has repeatedly preyed on young girls, campaigns for the senate with the full support of his party. kennedy: if franken is this unparalleled champion of women as he claims, why step down? because he knows there is enough damning truth here. as long as franken remained in
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the upper chamber, republicans have cover in molesting roy moore. we'll the democrats dispose of conyers and franken, they can clean house. now democrats are in a better position to capitalize when moore's election hands them the victory. they can watch dozen of congressional barn calculations move out to sea. and there is plenty of momentum to give him plenty of company in his sex trap. welcome to the show. i'm kennedy. al franken made a political career by trying to call out
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hypocrisy on the right. now the pendulum has swungt other way and knocked him off his pedestal. but will democrats get the last laugh? the daily briefing anchor and co-host of "the five" is with us. what were you thinking when you watched al franken's speech from the senate floor? >> when the tide turned against him it was well coordinated. there must have been a big meeting. the women on the democratic side said we have to do something about this. but the chairman of the democratic national committee said you have got to go, then the dam was opened and they said you have to resign. but neither conyers nor franken apologized. in your monologue your correct.
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the democrats say we have the upper hand. if you watch with bernie sanders did on the morning show * on cbs. he said now president trump will have to any about resigning. are you doing this more women because you think it's important and you have to take a stand or is it to play politics? kennedy: sadly everything is playing politics. and they are going to try and capitalize on this. by the was foolish for the president to endorse roy moore. i think he has a lot of good news on the economic front. the economy is going gang busters. if the economy were bad this would be a much bigger problem. when you have said in your monologue possibly moyers to come for consciousal barnacles being washed out to sea,
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apparently there is a report up to 20-30 more allegations are about to come out for members of congress. i don't know if they are republican or democrat. but the democrats have drawn a red line. the 2018 mid-term elections may show a lot of new faces kennedy: i want to show you this. this is al franken's limp apology. >> i think it gave some people the false impression i was admitting to doing things that in fact i haven't done. some of the allegations against me are simply not true. others i remember very differently. >> this so interesting. what an sage we live in. as you watch that and someone who has really helped articulate
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policy, does someone like al franken have a political future? is that what he's trying to do by not apologizing? >> there have been major political comebacks. people get through a lot of things. art stanford is beloved in south carolina. it could be tuesday in alabama roy moore is elected. that's problematic because you still have republicans saying wire not going to seat him and i don't know how that gets resolved. kennedy: if noor resigns, a republican governor will appoint someone. >> who said that. that's not happening. kennedy: people said strange was going to drop out. >> the "wall street journal"
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editorial page tried to give advice to the president. they said it would be embarrassing for half a minute for you have to pull back endorsement. take that political pain for half a second then november on. i think it's good advice but i don't think he will take it. kennedy: it's also okay to let this one go. dana perino, you are amazing. thanks for being here. l franken's resignation is the latest development in the growing wave of high-profile sexual harassment cases. first you have, the gop seriously stepping you have its criticism of special counsel robert mueller as the russia investigation gets closer to trump's inner circle. but there has been a major development in the probe
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involving general michael flynn. some experts are calling it the smoking gun. according to an unnamed as the story goats that would allow flynn to take part in a business venture to build nuke yarl reactors in the middle east. critics say that's evidence there was a quid pro quo for russia to help elect trump is this evidence of a conspiracy to rig the election? let me go to my party panel. lisa boothe, and buck sexton. and media reporter at "the hill" overconcha returns.
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-- overconch overjoe -- joe co. >> president trump was president trump when that effect was sent. so what's illegal by the. if he's sworn in and he says i'm national security advisor. i don't see what is illegal there. he has to embrace -- kennedy: is there a stretch between sending a text and the excitement in the moment. and there are so many opportunities, and a potential deal he had for a dozen nuclear reaction fors to be built with russia in the middle east. >> that was left out of -- i think it was the "new york times" that wrote this piece. they said he may have had. that's critical. if it's i used to work on this
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thing and it paifts the way for good academic activity, you may think it's gross or unseemly. i think flynn is too cozy with russia. but once again they are using gross to imply criminal. there is nothing in that story that anybody can point to. kennedy: a lot of this stuff adds up some gross, tack crane annoying. -- tacky and annoying. >> if that's what we are looking at for people particularly in washington, d.c., that's a lot of people in washington, d.c. what's interesting now, you have conversations about the foreign registration act, which is never something that's proceed upon from a law enforcement aspect.
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but now they are look at rick gates and paul manafort. kennedy: people in congress say this has been a problem for years in both parties and a lot of people. >> we want to be look at the lobbyists doing their bidding, or at least they have should be registering >> the reason fara isn't a big deal. okay, you registered, so what? it doesn't change the influence. kennedy: i think the strum campaign was a magnet for people like manafort and flynn. that's what the clinton foundation was. i wonder if she were elected, how many deals would have been made, how many governments was her campaign talking to and what kinds of transactions would they
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have justified and rationalized in the exact same way. if it's poor taste then don't do it on either side. >> let temperatures remember the media aspect of this. a very incomplete story. bank records are shoasd to be subpoenaed from the white house. that's not true. reuters is walk that back. and brian ross said during the campaign he ordered them to talk to the russian spooks. then he said oops, no, it was during the transition which is legal. kennedy: every time i read something like this i'm wondering where did this come from? >> that's a good question. and two other things to keep in mind, the fact that bill clinton got that $500,000 for a speech
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he gave. and the fact that most of incoming administrations have conversations with other governments. so that in itself is not a crime to be having conversations about u.s. policy with foreign governments kennedy: there may be other stuff indianapolis questionable. i don't know in mueller is looking into the right thing with the right wattage. >> if this were in good faith. if the errors were being made because of a lot of information coming in, wouldn't there be at least one story favorable to trump that had to be retract. if you look back, every single story that had retractions has been damning for the trump administration. if the minds set is so poisoned is so negative that anything against trump they will run with, that tells us something.
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kennedy: do the vetting, do your job. that's what abc news should have done with brian ross' report. maybe news organizations don't make anymore money unless they are the first ones to scream a headline. >> it's a rush to be first and not to be accurate. >> i think it has to do with trump that if permeated every aspect of america. kennedy: i blame colin kaepernick. first up, house speaker paul ryan says the republican agenda will focus on reducing spending on healthcare and entitlements. that sounds great. but what are the odds its will actually happen?
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it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.
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kennedy: gop lawmakers are on the home stretch for tax reform. house speaker paul ryan is setting his sights on the future. he says next year they will tackle entitlements. americans have spent $22 trillion on anti-poverty program
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since 1964. with the current national debt at $0 trillion, it's -- at $20 trial, it's no secret we need to cut back on spending. joining me now, fiscally responsible michigan republican justin amash. welcome back. first of all, will tax reform pass and make it to the president's desk. >> i hope so. we'll have to see what kind of bill they produce in the conference committee. but, you know, this is congress and they could go in the other direction and make it worse. that's probably my expectation with how congress has worked over the time i have been here. kennedy: people get mad when you
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say social security is an entitlement. social security, medicaid, medicare, that adds up to $17 trial every year. -- $17 trillion every year. you are one of the people who knows how to cut costs. how do you tackle entitlements? >> you have to have people willing to do it. i have been here for 7 years. people talk about it all the time. the speaker of the house talked about it's many times before he was speaker and nothing has changed if you look at the spending in government. social security, medicare and medicaid. kennedy: social security can't be touched because of reconciliation in the senate.
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but also, should we just get rued to the idea that social security is going bankrupt, a, and b, it's here to stay? >> i'm afraid it will go bankrupt if we don't change something about it. members of congress seem to be willing to let it continue the what it is. and military spending which is another large budget item. at some point we have to pay for the spending. and we'll have future generations in trouble. kennedy: there is such a disconnect on capitol hill between spending and cutting costs and taxes. and that's so problematic as you say, for future generations. the house speaker talks about entitlement reform. what is something you would like to see your party and your
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chamber tackle in the next year? >> you should look at social security. medicare is tied to the healthcare reform. it's much more complicated. but social security is a relatively easy thing to do compared to medicare and healthcare and other issues. kennedy: can you get the democratsen board to do that? >> i don't know, but we can keep trying. we need to create a system where you have gradual changes. if someone today is planning to receive social security benefits, we don't want to hurt that person and pull the rug out from under them at the last second. but we want to make changes so people in their 20s and 30s have a different system. and that has to start now. if that doesn't start now, we'll never see those reformed in
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place. kennedy: i was on a speaking tour talking about privatizing aspects of social security and nothing has happened in the 19 years since i started talking about that. it's kind of scary because the future is now. you have entire generations of people -- they will have to raise their retirement age to 800 once we meld with machines. >> young people to get involved in politics and get engaged. because it's going to be on their shoulders. kennedy: either that or marry a robot. congressman amash, nice to see you. have a beautiful christmas. coming up, will the threat with north korea mean they will have
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to skip the olympic games in south korea? today we're out here to test people's knowledge about type 2 diabetes. so you have type 2 diabetes? yes i do. true or false... type 2 diabetes more than doubles your chance of dying from a cardiovascular event, like a heart attack or a stroke. that can't be true, can it? actually, it is true. and with heart disease, your risk is even higher. in fact, cardiovascular disease is the #1 cause of death for adults with type 2 diabetes and heart disease. but there is good news. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. that's good to know. jardiance can cause serious side effects including dehydration.
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considering it was worth $800 apiece at the beginning of this year, and less than $15 two years ago. that's one-third the value of apple. what's fueling the surge and is the bubble going to burst? joining us the associate professor of economics at the king's college, brian brenberg. why is bitcoin doing so well. >> it's almost certainly a bubble. you have got three people investing in this. one they love the telling. they are starting to use it like cash. they love the technology. libertarians, liberty loving people love bit coins because they see it a way around the government having to process all
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these transactions. three, you have got a bunch of people reading headlines and saying i am in. they are gamblers. i think the gamblers are driving the valuations. when they start to get nervous or when the first two groups decide to dupe the third group, you will have a fall. kennedy: it's a very volatile investment. >> you have got to look at it as gambling. that's fine to be in that, but that's what it is. kennedy: if you are 75 years old you want to take your life savings and put it into you bitcoin. >> i don't know if i would recommend that. but this is who's piling in it. i don't know what it is but i want in. kennedy: there are people who want to use it like cash>> overe
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something you can use like cash. kennedy: how do you use it now? >> it's a little bit like paypal. you do it directly with the people you are buying from. people aren't using it by and large to buy anything because the values are changing so much. bitcoin is not there yet. so most of people aren't using it for transactions. a guy who bought a pizza for two bitcoins, he's kicking himself. it wasn't a currency, it was a speculative asset. over the long term it will function like a currency. but nobody knows who that will be. it could be one of hundreds of crip to currencies. you are taking a big risk when
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you choose bitcoin over other crip to currencies. sometimes first to market is great. the first to market takes all the hits. everybody else learns from that and they learn to do it better. there are hundreds of crypto currencies out there. it's the block change technology that runs it. so bitcoin is using that technology, but it may not be the winner at the end of the day. you can bet on it now and you might make a lot of money or you could lose your shirt. kennedy: let's start a crypto currency. >> i am in. >> and i have his brain on loan.
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kennedy: the 2018 winter olympic games are being held near the north korean border. the united states says the united states team will be there. is it enough to remove athletes from the one thing they have been training for their entire lives? my party panel is back. is there any val our to pulling the u.s. team from the olympics? >> not right now. kennedy: don't you remember 1980? >> twitter says i was born in 1983 which is completely
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inaccurate. what are the odds. the winter olympics in seoul. it's always in italy, sweden or france. one time it's there. it's four miles from the north korean border. kennedy: this more security at the olympics than any other event in the world. if an athlete wants to go, let them go. >> all after should therein is a heightened security risk? kennedy: you are saying they should still go? >> i am. i like to keep people afraid and up late at night. kim jong-un already has nukes and can level seoul and fire a whole bunch of stuff at japan. i have been holding off on this
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whole nuclear holocaust of destruction until the olympics are here. it's not some rinky dink terrorist organization that will use the theater of the moment. kennedy: he wants to lob that thing far away. >> all of our luge athletes should go. >> at last check china will be there. >> for the good news for people of that want to go. ticket sales aren't meeting expectations. also i was reading an article that there are a lot of journalists that are afraid to go. nbc. kennedy: would you go? >> of course i would go. >> korean food is delicious. >> dennis rodman will be there.
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>> why would nbc people be afraid to go now that naught lawyer is out. thank you so much, joe, buck, lisa. the hollywood sexual harassment stories are dominating the headlines. dr. pirks nsky is here. opinion ski mike and i are both, both served in the navy. i do outrank my husband, not just being in the military, but at home. she thinks she's the boss. she only had me by one grade. we bought our first home together in 2010. his family had used another insurance product but i was like well i've had usaa for a while, why don't we call and check the rates?
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kennedy: we are back with more on senator al franken's announcement he will resign from the senate after accusations of sexual misconduct. and john conyers also stepped down. normally these stories would be number one headlines for weeks. but with so many stories in the headlines, they are almost getting lost in the shuffle. why is the dam break now? let me bring in dr. drew pinsky.
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he's a board certified addictionologist. is that a madeup term? >> no. it's addiction. ken report one thing that binds these together is narcissism. >> i saw this coming. i worked in a psychiatric hospital for 25 years and i watched from the 1980s to the 2000s where the personal disorders were the cluster b masnarcissistic. they have childhood trauma, and
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we all do. "love line" was a show about helping people from problems in childhood. kennedy: one of the interesting things about the show and this is what triggered your interest in this area celebrities would talk about their own trauma. someone like harvey weinstein or al franken are they drawn to these positions of power so they can be presented towards or is there something about being creative and outgoing. >> it sort of goes like this. if you have these presented a su are here for a purpose, as opposed to a reality show. way heavy on the
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narcissistickism. woms they arrive at the status there may be some entitlement. women have been absorbing for almost four decades this notion of female sensuality that's based on a 19-year-old male. and they have been hurt by it and they are angry and they should be. you have a perfect storm of these two phenomenon coming together. kennedy: it seems like a lot of people were triggered by what happened with harvey weinstein. a lot of people felt those same feelings of panic and anxiety and post trauma come back, and they realize they had the same incident. is that what sort of caused this avalanche in other areas. >> you are piling on another
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element on this and great insights. we now have this social media that creates a public square where all this information is shared. and it's creating certain mob action. if you feel envy you are prone to act it out and try to knock people down. this mob energy getting people who misbehave. kennedy: that's an element of the story that's left by the wayside. the falls from grace are so far that you forget there is this chain reaction. and it is led by the mob which is not necessarily positive or therapeutic so where do we go from here? >> it's something -- ultimately the way i look at it, we are here. i wrote a chapter about mob action and they had me pulpit
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out because they said it was too far-fetched. i said people would be chopping heads off. but your point being that -- here his the way i look at it. get's get philosophical. this is good. change is messy it's sad. there is a lot of people hurt in the process. but this is what change looks like. kennedy: i hope you come back so we can document this and other cultural changes. there is no one better than you, no one on earth, i'm so happy. >> i'm going to share a camera and a stage with you. kennedy: i was an intern when dr. drew started "love lock."
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just when you thought the war on christmas couldn't get any harsher. a british company is selling a hillary clinton treetopper. it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.
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kennedy: a report by the census
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bureau found the number of homeless people in the united states has risen for the first time in 7 years. though it's not politically correct to call them homeless. they are known as free range people or sidewalk shareholders. this is the "topical storm." topic number one. we begin tonight in lovely deerfield, new hampshire where police are trying to figure out who stole a giant elf on the shelf. if they learned anything from this incident, it's that snitches get stolen. a volunteer fire department was using zippy the elf to bring awareness for their initiative. raise money for beer. the program was a smash hit until someone went full doubty
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list and stole zippy out of a park. a massive search ensued and zippy was found on the doorstep of a local resident. we don't know how he got there, but he reeked of nancy pelosi's perfume. the fbi launched an investigation but their lead investigators had to be taken off the case because he was caught sending antizipy text messages to his mysteries. a bengal cup was smuggled into california. he was on the passenger side floor which is a big no no. bus at that able they need to be in a baby seat facing backwards.
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baby mocha was sent to the safari park at the san diego zoo. they didn't bother sending her back to mexico. they knew she could cross the border -- again anyway. leonardo d today vinci's mundi s written off as a fake. christie's reporting that a saudi prince ponied up $450 million for a painting that was first sold for $60. we are not sure of his business background, but we are guessing he's not a financial advisor.
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the painting will go on display at the louvre museum in abu dhabi. it will be there in 2018. the description says it will be nothing like the people there have ever seen before. like a woman driving. topic number four. a british company is selling a hillary clinton christmas treetopper which means you can for $107 do what dnc donors couldn't do for $1.2 billion, and put hillary on top. the 3d ornament portrays the former first lady in her iconic power suit and a pair of angel wings. of course the nice thing about a
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hillary treetopper is if nobody likes your tree, you don't have to accept any of the blame. sit back, make a million excuses and enjoy a nice cup of eggnog from your private server. and if you act now they will throw in a free tree hillary cut down while she was hiking in the woods. sales are expected to go through the roof. poor hillary. all that money, though. topic number 5. whenever i get upset about the state of the world, i look through my inbox and all the mail i received and realize it's even worse than i thought. this is viewer mail. f.t. lights it up with your show is one of the trashiest out there.
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oh, yeah? we had to buy your mom an extra shirt so she could keep something on. vigilance says your 40 minutes of blether is sad. you watched 40 minutes? that's a record for [bleep] like you. jim writes, whatever, kennedy. it's funny when people use 20-year-old insults. not. dave asks, seriously, are those caterpillars above your eyes? >> why, because i don't have eyebrows like whoopi goldberg? apparently cats will eat your face. but there are worse ways to die from animal attacks if you are going on safari. you want to stick around for the "nightcap" next.
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kennedy: cats aren't good for anything unless you have a laser pointer and an oncoming train. but if a cat wanted to kill you it would be a far better alternative to other animals. the author of the book of deadly animals ranged the best beasts to get killed by on safari in a death game of would you rather.
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which is great for children's party. lions are an easy path line to the other side. they will seize your shoulder and suffocate with a bite to the throat. leopards are more efficient. they strike even quicker and finish you off even faster. hippos may have the physique of the last kid picked in gym class, but they can outrun the first kid with top speeds up to 18 miles an hour, and teeth that grow up to 2 feet in lengths. they make just about any bite fatal. and they bite in the tummy and bite in half. and hyenas slowly eat you alive. have a great weekend, everybody. you can follow me on twitter and
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instagram. email kennedyfbn@foxbusiness.com. and i will see you on the outnumbered couch at noon eastern, 9:00 in the west. all over the world. >> you couldn't even walk into the room. there were thousands. >> so what makes this inheritance so strange? [ clockwork music playing ] say hello to the heir. >> "mother, why -- me being a boy, why was it dolls?" >> she had a dying wish. >> "please don't throw these dolls away. find a home for them." and that's what i want to do. >> but does the man have a plan? >> they call me the "doll boy." [ laughs ] >> how's that working out for you? >> i thought, "you can call me whatever you want. i've got a pretty good inheritance here, boys." [ door creaks ]

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