. stuart: great show, everybody. and you say. >> 400 days of trump presidents. >> that's what a lot of people are saying about their pocketbooks. >> yeah. they've got at least $1,000 bonuses coming their way. >> i'll see you tonight on wall street. join me. special program. and i'll see you sunday on morning futures. charles payne, take it away. charles: thank you very much. have a great weekend. stuart, we expect him to be back on monday. we've got a lot of stories for you, including three big ones recovering this morning. stocks that continued to bounce back after the selloff earlier this week. and what if you look at what's happening now in the economy itself? not only the job growth but the sentiment and how people are spending their money. we're talking about soft data becoming hard data. there's a lot of real optimism out there, and it was reflecting in our stock market as well. now, we may hear something -- well, we may hear some of that, by the way, from president trump today because about an hour from now, he's expected to take the podium, and it will be interesting to

hear what he has to also say about guns to this conservative crowd. the school shooting. speaking of which, outrage across the country and the law enforcement community. this after we've learned that the sheriffs deputy who was on the scene of the shooting last week didn't go inside to confront the shooter even though he knew what was happening. so we've got a big show ahead of you. please stay right there. "varney & company" is about to begin. ♪ ♪ . stuart: scott peterson was absolutely on the campus throughout this entire event. he was armed. he was in uniform. but what i saw was a deputy arrive at the west side of building 12, take up a position, and he never went

in. >> was he there when the shooter was still in the building. >> yes. he was. >> what should he have done? >> went in, addressed the killer, killed the killer. >> that was broward county sheriff describing how his deputy waited outside for four minutes as the gunman killed students and faculty inside. ashley, you have more details. ashley: yeah, bottom line, how do the families feel? at first, they find out that the tips provided about this individual that did the shooting were never followed up on. now this. 54-year-old scott peterson as the sheriff said. uniformed, armed, school resource officer was right there as the shooting happened. the surveillance video shows him kind of covered behind a concrete column. never went into the building. he was there for at least four minutes. the shooting took six minutes in total. the sheriff going on in that press conference said i'm devastated. sick to my stomach. there are no words.

never fired his weapon. now we have police officers standing guard outside his own home and, by the way, peterson charles has resigned. charles: initially he was suspended without pay. ashley: and then he resigned. charles: we're going to have more on that in a few minutes. we've got implied openings well over 100 points for the dow and one of the big winners today would be blue buffalo, the company that makes pet products. will set a record high because general mills is buying it for $8 billion. meanwhile, bring in scott in london and, well, despite these wild swings, do you see this underlying sense of optimism, particularly when it comes to the economy, scott? >> yeah. we definitely have the good sentiment out there. we have the better economic numbers. but that doesn't always mean that the market has to go higher. because i would like to remind everybody that we had back economic numbers for six or seven years and all the number did was go up because of quantitative easing. so you have to play those

differently. yes, things are getting better. yes, the economy is getting stronger. but we have a problem here and that's how the market recalibrates the higher interest rates. the velocity of higher interest rates is fast, that makes people nervous. if it's slow and steady, then the market can handle it. charles: but we should also note when president obama came to office, the market was down 50%. it was extremely oversold. so we have a different dynamic as well. we're going from a economy that was in survival mode where we celebrated mediocrity, now we're going. >> yeah, we have outside influencers going to make the impact. obviously going to be working their way through. yeah, we've had this many already, but it's going to be six, eight, 12 months before we start to see the fruits of that labor and then the infrastructure spending is going to be another big issue that will weigh on bomb prices. so we'll see how interest rates handle that. but at the end of the day when you look across the bow,

things are -- 400 days into his presidency, charles. obviously things on paper, the math, everything's a lot better. the sentiment, the feel good factor. so, yes, we're going in the right direction. we just have to catch up with the market here after the shakiness we've had the last few weeks. charles: okay. real quick. the parameters on this market, scott. is there a point where you feel like the wild gyrations are behind us? >> i won't feel -- i feel like we're somewhere in between recalibrating with higher interest rates and getting to where we want to be, normalization. so recalibration, normalization, and i think everyone's got to do with how the velocity of that change in interest rates. that's going to be the key. and i don't think we know that yet. so we haven't changed any behaviors, charles. charles: okay. >> still happily buying in any breaks. so we haven't really done anything to change the landscape there. yes, things are bartender. i will say that absolutely. but we haven't changed any behaviors to make the market a

little bit healthier, if you know what i mean. charles: we'll see you at the open. liz: conference words leading economic indicator index rising for the fourth straight month. powerful performance the last three months. so building permits. that means tax cut investment boom. charles: that used to be allen greenspan favorite economic indicator. i want to get back to that shooting and the deputy who did nothing to stop it. joining us right now white house deputy. sir, if a sheriff deputy wouldn't act, this is, obviously, going to give a lot of folks pause with respect to perhaps giving untrained or certainly not sheriff deputy-like teachers. arming teachers. again, people are going to say if you have someone who was trained for this but when the moment came probably hesitated, what makes us think that we're going to be safer with teachers who are armed as well? >> look, thanks for having me, charles. i'll just say there was a systematic failure here at

every level. obviously at the fbi, which director ray admitted to obviously at the local level with so many police officers going to this sick individual's house multiple times and not doing anything about it. and then also now as we find out the deputy didn't go into the school. when he had the proper training and the proper weaponry to take out this shooter before so many deaths occurred. it's just a failure at every level. and the american people are and he didn't outraged, and they should be. now it's time to move on to solutions to how we stop this. listen, legislation can't just feel good. legislation has to do good. and one of the things the president talked about in that meeting grieving parents. grieving children. students, and other concerned citizens around the area. if how do we get something accomplished that protects our children and makes our schools safe? for so long, washington has talked about this but done

nothing to actually protect our children. that's why the president's listening to this. he's not offering solutions yet. he's listening to everybody and people in that room, charles. half of them said they wanted armed teachers. half of them said they didn't. this is clearly divided across the country. but we have to get together and come up with solutions. charles: yeah, and what you describe is the series of mistakes. in finance, we call that a black san juan event. a series of unlikely mistakes that compound one another, in this case leading to the ultimate tragedy. president trump, of course, will address cpac in the next hour. he's going to announce massive new sanctions against north korea. can you tell us more about them? >> obviously, i can't get ahead of the president. but look toward the end of the speech. he's going to be talking about possibly extending the massive pressure campaign that we've already discussed multiple times. the president knows it's important in vital mass security. not just to this country but to our allies around the

world. the denuclearization is paramount. and i will say one more thing. just back to the school as we started with. donald trump is more than the president of the united states. he's also a father and a grandfather. and what he wants is what everybody in this country wants. protection and safety for their children. he's going to address that from the stage today. and he's also going to talk about the historic tax cuts that your viewers care most about. more money in their pocket. something that said couldn't be done. they mock the president when he talked about gdp growth and 1.9% under barack obama was the, quote, unquote, new norm. it is not. this country is thriving again. wages are increasing for the first time in nine years. this is a true success story that the president is talking about. charles: there's absolutely no doubt about that one. real quick, though. the potential battle between president trump and the nra. you know, it looks like, obviously, one of the issues is the increasing age of would be buyers and at least under

the federal level. and other potential gun control solutions that come from the white house. can you tell us more about that, please. >> listen, the president wants to have all the relevant stakeholders in place. obviously, i mention he spoke to the parents and to the kids of the parkland school but also to local law enforcement. what resources can we implement to help them. he's going to meet with attorney generals and governors across the country to talk about what they can do at the local level and how we can partner with them to protect our children. but this issue is not going to go away. the president supports the nra. the nra supports the second amendment. so does this president. so we're going to work at something to get it accomplished. obviously the president and the nra don't agree on everything. but it's retailer in this age of politics where you agree with somebody 100% of the time. but the --

charles: let's take a look at amazon shares. still near that 1,500 powering the s&p higher this year. work bringing up the entire index. last night we heard earnings, and we saw higher profits from hp. sold more personal computers and printers and were able to raise their four-year forecast as a result. same thing with hewellet packard enterprises. remember, they split not long ago. data center network and products. both stocks look higher in the premarket. president trump will leave the white house for cpac any moment. he has a real big speech coming up at the top of the hour. we will, of course, take you there live. and wilbur ross, the president's commerce secretary says he wants to turn the moon into a gas station for space travelers. more details on that coming up. and president trump, let's just say he's not happy about california declaring itself a sanctuary state. he's actually threatening federal immigration officers from that state. the vice president of the

national border patrol counsel response to that one. later this hour see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

. charles: let's take a look at futures here. we're going to have a higher opening. of course, we had indicated an higher early. you're used to all of these wild swings. that's why we keep watching it for you tick by tick. meanwhile, first solar reports a sales dip. but it still booked record new business for last year. the stock, though, having a big run so giving some of that back at the open. vice president pence taking a shot at house minority leader nancy pelosi. roll tape. >> i want to say from my heart

any leader that says $1,000 in the pockets of working families is crumbs is out of touch with the american people. charles: meanwhile, some dems are actually distancing themselves from pelosi's comments. democratic national committee chairman representative keith ellison said "i would not describe it as crumbs. the income inequality is so bad if you pick up 1,000 or 900 bucks, maybe it helps. come on in with the hoover institute. it looks like pelosi crumbs starting to backfire. even i guess that was sort of with keith ellison, you know, income inequality and all of that stuff. there's always going to be something at the back end of this. but she really seems completely out of touch. >> she's completely out of touch. and this is the problem the democrats have is that if she embodies the leadership of the next generation of the democratic party, they're in big trouble; right? charles: how can she be the next generation? and it's not just age either; right? because we saw where bernie sanders was the hip candidate last time around.

but she is wedded to old school angry 1960s-type politics that it just doesn't fit who we are anymore. >> no. it doesn't fit. but i think the problem is democrats are so used to having her around. you know, there have been younger democrats that have tried to challenge her. they've been unsuccessful. why? because she knows how to count votes. she's got a lot of equity build up in the democratic caucus. but frankly, it's not a great image for them. that's the problem they have. charles: who be -- and it has occurred to me. with gingrich, they expire. and i think it was interesting this year seeing about ten folks where their chairmanships expiring where they're leaving. they don't want to go back down. they were chairman of a certain committee. and it's a deep back, though, term limit to a degree. the democrats don't have that. they want to get leadership, all you do is gain power, and you get influence, and all you do is trade favorites. but you don't really care for the people anymore. >> right. well, this is one of the big changes republicans put in place in the 1990s as

you alluded to with speaker gingrich. this is an important change in a lot of ways because it requires turnover and new blood. and a lot of these chairman build up experience, that's a good thing. but we also need new blood and some sense there's dynamism in the republican party. it's a good thing for republicans in the long run because you get more fresh leadership. charles: right so we do have the midterms coming up. we've got the economy on the upswing. we've got people now saying, listen, i feel great. there was a gala poll. americans see themselves vis-à-vis the highest level in more than a decade. so we are feeling really good about ourselves, aren't we? >> well, the economic growth created by the tax cuts bill. this is something that a lot of the mainstream media pooh-poohed this. they said it wasn't going to happen. what's happening? more money in people's pockets. the economy growing. we continued to see good job growth numbers. so that's going to fuel this midterm cycle and be very, very good going into it. senate races.

you have a lot of senate races where republicans have the opportunity to pick up seats. that continues to look good. the house side. i think they may actually hold onto the house. neil: 50/50? >> no. i think it's better than 50/50. people vote with their pocketbooks. charles: real quick, let's check on the futures here. we open in about 20 minutes. we're hanging in there. although, again, we pulled back the coiled spring every morning that's where we are. and then there's the russians. allegedly using doctored images to get past facebook's filter that the tech missed information. we're going to explain how they exploited right after this

charles: take a look at facebook. higher yesterday. but here's an amazing story. russia reportedly using a deceptively-simple technique to exploit facebook during the 2016 elections. ashley, what exactly did they do? ashley: it turns out algorithms can try to separate out hate speech and spam and child pornography. but when it comes to images that have been altered, it's almost impossible. algorithms are years away from being able to prevent that. these russian interferers. for instance, there was a picture here. the woman on the left was at a pro immigration rally saying

no human being is illegal, and it was posted on facebook. give me more free i'll say stuff but another s word. that particular graphic was posted 300,000 times. to a facebook account called secure borders. that is a russian-backed account. and it. it's very difficult for these social media platforms to weed out what is true and what is not. misinformation by itself. they're not going to remove. they'll try to get to the links of fake news. but if you post these directly on their platforms, very difficult for them. charles: and the ability to that are the stuff is getting better and better. liz: it's so bad. charles: meanwhile, commerce secretary wilbur ross says the administration wants to turn the moon into a type of outer space station. liz: yeah, a pit stop in deep space by using the ice on the moon as refueling for deep space ventures. the thing is there's not

hundreds of feet of ice on the moon. it's locked up in rock. and the ice on the moon is at the poles of the moon. so i don't know if it would be cost effective to do it. it's an interesting idea. we need more deep space exploration. that's what scientists have been asking for. this is another venture that the trump administration is talking about. including privatizing the space station. ashley: that's great but if they could fix the potholes on i-95, it would be much more appreciated. charles: so, in other words, fix potholes first and then frack on the moon second. ashley: exactly. charles: we have another extraordinary week on the market after a big up week. and now we're going to start out the gate strong powered by earnings. a lot of restaurant stocks looking better. we see signs that people are spending but the anxiety remains. everyone's wondering what exactly would our federal reserve do? so the stage is set for a huge friday session. please, stay with us

less than 30 seconds away from hoping bell this is one of the crucial, crucial sessions, in part because these friday sessions are always important you want to see a big boy and girls hold on to stocks going into a weekend. and now more so pivotal because

of the anxiety surrounding what central reserve would do. i don't think it bill a hawk overnight but you must listen to the marks that include the bond market the and rapid move recently in bond yield. so there you have it. we have the opening bell, again we should be higher at the open you can see 120 points right out the gate for the dow jones industrial average. let's get a 131 we're looking pretty good here but in a range a tight range. also toipght take a look at the s&p 500 a broader index that professionals use up 15 point there. and check nasdaq technology stocks have been all over the place. resuming some leadership up 5 points right here at the open. i mentioned the tenure yield it tickled 25. just maybe less than two days ago now 289 big buffalo will be a big winner because general mills is buying it for $8 billioning and, of course, don't forget amazon done the work carried a large pofertion this

s&p gains and is doing it once again this morning. we have with some excerpts by the way of trump speech at cpac and next hour. so ashley you've got those right? >> we have a few teases let's begin with one of -- sanctions that we believe will be announced by the president on north korea. basically wanting to cut off source of revenue and fuel to north korea and a in ordered to that, the president will answer new sanctions targeting some 56 vessels we understand. shipping companies and trade businesses that are assisting north korea in evadingisting sanctions also we'll be hearing about gun free zones. heel say this -- he said when we declare our schools will be gun free zones it just putses our students in more danger. well trained gun adepth teachers and couches should be able to conceal firearms and take by nancy pelosi. and buildings the wall he said to secure our country calling to build a board or qawl to stop

dangerous drugs and criminals but he says nancy pelosi has a different plan. in a recent interview this is what the president say, pelosi suggested, quote, mow the grass so people can't be smuggled through the grass. so there you go just three topics guns, nancy pelosi, and a north korea some of the topics that the president will be touching on at husband cpac speech. >> so interesting because, of course, yesterday wayne, the spokesman for -- nra, made a full throw stance for his organization. gun rights, second amendment, yep. >> it was a fiery defense now you know wayne is krit are size for saying that, you know, people who want background checks it shall hate freedom. we want to look for the president's tone today whether he be trying to be more of a unifier and not divisive. you know wayne made terrific points krit critics say but a lot of people would want to debate this further. >> head out to cpac because in a

moment -- right president trump is on his way and have him there he's on the white house lawn. >> want to see guns in american schools? >> it's a very good subject. it's a subject that everybody is talking about, obviously, for all of the wrong reasons, and we're going to do something about it. we're going to make changes. ty see congress wanting to act now for the first time. so we certainly have to strengthen background checks everybody agrees with that and we're going to make background check hads very, very strong i'll be speaking about that at a cpac. very, very important to do that and also the the mentally ill with mental problems, we cannot allow them to have guns. so we're going to be or very strong on that that's going to go a long way. i also believe that schools have to have some form of protection. they can't just be open ended gun free. gun free is an invitation for

these crazy people to just come in and shoot. if they're not gun free, if they're there's a gun inside held by the right people held by highly trained professionals you're going to see this end it won't happen anymore. our schools are essentially gun free zones. that makes them very dangerous places. [inaudible conversations] >> department sheriff was arm ad and he didn't go in. does that give you any pause? the sheriff was armed he didn't go in. does that give you any pause? >> deputy sheriff -- peterson i guess his name is they brought it out. i was surprised. but it deserves to be brought out. what he did he is trained his whole life there's an example. but when it came time to get in there and do something, he didn't have the courage or something happened -- but he certainly did a poor job. there's no question about that. he was there for five minutes, for five minutes -- that was during the entire

shooting he heard it right at the beginning. so he certainly did a poor job. but that's the case where -- somebody was outside they're trained, they didn't react properly under pressure they were a coward with. it was a real shot to the police department. >> you hear any different armed teacher -- be any different? >> well i think we really have -- a grown of people that want to do the right thing. the nra is -- composed of people that i know very well these are good people. and many cases great people they're riots they love our country the nra wants to do the right thing i've been speaking to them and they want to do the right thing. look, i haven't been here that long, this has been beginning on for a long time many years decades -- and we're going to get it fixed. but the only way you're going to get it fixed, is you have to

have offensive power within the school it can't only be defense. you have to have protection within the schools. and we're going to work it out but we're going to be very, very powerful strong on background checks especially having to do with people with mental problems. this person that did this horrible act, he was mentally deranged and everybody knew it for a long period of time. i guess they had 38 retding flays, 39 red flags you can't do any better than that. unfortunately they didn't catch it they should have caught it. this could have been prevented so the whole mental situation -- is very big. background checks are important and we have to strengthen our schools i'll be going to cpac and i'll be talking about it. thank you all very much. >> president trump -- heading to cpac, reporters focus mostly on the florida school shooting a potential solution.

president trump really -- really serious about the idea that schools cannot be gun free zones, an he thinks that once that ends, we will see these type of shootings end and he also expressed he keeps saying that nra, quote, wants to do the right thing it's obvious they're not on the same page with some of his solution. so he's getting some pushback but apparently he believes ultimately that they'll be okay with that and if main focus that he started with when this shooting occurred was mental illness factor ability of those who are, obviously, mentally ill not to ever have access it a weapon and then there's the tragic fact that there were so many balls dropped in this 36 president trump's speaking there so it is a -- an amazing event at cpac and we're going to take you there later on. right now, though, let's focus here on the markets because we've come out of the gate and i want to bring in ashley webster scott is back with us along with jonathon.

and jonathon these wild swings and the market and, of course, o the law of large numbers makes them look wilder but shall we get used to it? >> make no mistake these elephants are damaging in the harkts and i don't see an indication of these wild swings haveed to think about what happened in the last couple of weeks we've seen volatility trade blow up. we've seen interest rates now start to shoot up dramatically charles and stocks as you said all over the place. i think this time it is dirveght thousand. we haven't seen type of moves in quite some time it is going to be higher. it is going to be lower. but i think this market is volatility has not stopped by any means. >> okay real quick then jonathon if it hasn'ted to what does it mean? >> this time it is different charles i think specifically when it comes to interest rates as you've said, we're starting to see the tenure -- pushing a multiyear highs of 30 year. now ep krooing up over 3%. so i think for any investor now who said this is any old dip i

think this time it is different. and it is beginning to be different when it comes to your -- >> you're a traitor you're a professional trader, how has this changed the way you're doing business and has it changed you could also argue if you look at the last five sessions we've peaked around noon are we in a new reality with a dip to sell the rally? i think behaviors are there. we haven't changed a lot of that yet or you wouldn't with see the market doing what it is doing now. i think the volatility is here to stay and market will try to lull people to sleep here and i think that's the danger. but keep your eye on the velocity of change in the interest rateses that the big deal because if it is a short, sharp the market doesn't like that at all but if we see that tenure creep to 3% over time, the market can digest that and move from recalibrating to

normalization that's an okay thing all about the -- velocity. they have to get used to high interest rate world been in artificial world with cheap money and low interest raitsz for so long it will take a while to get used to ten a tug-of-war between more fixed income opportunities and equities. >> yesterday rafael a voting member of the flmoc said they've been anticipating it, seems like everyone should have anticipated it and not stay zero forever. to ashley's point to go haywire in the market had 4%. 3.5 to 4% that's a credit sweep and people of bank of america are saying. >> thank you both for being with us. another quick check of the big board we rocketed it out the gate here. significantly higher than the futures all morning long. so that's a big -- big deal. also check this out we've got some gee wiz medical technology

coming up later on in had this show. that's a new wearable smart watch for epileptics it can help detect and a prevent seizures. we have the person who created this -- at 11 a.m. hour. also up next president trump say if california opportunity want to cooperate with federal immigration officers, they'll pull them out of the state. a border patrol agent reacts to that one, right after this.

>> quick check of the big board hanging in there pretty good. this is an impressive session folks 25,130 remember that is the big test in the upside we get through that and may see a huge move to theup side. now i want to shift gears to go back to the shooting because many are upset over the at the present times that did nothing.

now joining us border patrol counsel vice president art, art your thoughts about the initial lose we've heard with this deputy sheriff. >> you know that's a little bit outside o of my league when it comes to the county sheriffs. but to be honest, unless you've been involvedded in a shooting unless you've been there i would hate to be quarterbacking any of that. i get what you're saying that's fair. but he was paid to actually to do a certain job. right he was trained to do a certain job and law enforcement and his boss reviewed the tapes his boss reviewed foot aiming everything else and determined that somehow something went horribly wrong he didn't do his job. he was suspended without pay and then he resigned you go after law enforcement official but they want to understand can we send our children to school and -- if this is aerson who made a mistake let admit it and ways to pvent it.

wh's wrong wit having an honest conversatio about this? >> i don think anything -- of tngs that g into the emotions. you can train,rain, tra -- but you justever know. but i can tell you one thing at training a poethat are trned are a lot better off an those that aren' tt's the reality aref things. because trump now has been floating thedea of removing i.e. agents from californi let m sre this with you in the audience roll tape. >> getting no help from the state of california. i mean frankly if i wanted to pull our people from california you would have a crime nest like you've never seen in california all you have to ais i.c.e. and border patrol, let california you would be inundated you would see crime like nobody has ever seen crime in this country they're doing a lousy management job frankly it is a disgrace sanctuary city situation. the protection of horrible

criminals but that we ever pulled our i.c.e. out and said let california alone let them figure it out for themselves, with in two months they would be begging for us to come back. they would be begging. and you know what, i'm thinking about doing it. >> all right art potential crime nest what are your thoughts? >> you know, it comes down to the sanctuary cities it's a big deal. and what happens with these sanctuary cities is it creates a magnet for individuals to cross into the country thinking they have an area where they can have a safe haven. and you know, it's unfair for the people of -- those cities. and it's unfair for the country and unfair for border patrol agent what this causes is a huge amount of -- illegal aliens to cool across the border knowing there's a spot that they can go and hang out and hide and no one is going to touch them. and what that does is potentially puts agent lives at risk out there on that border. that's the reality. >> placings like california taking it a step further not even cooperating with federal

authorities. you know, in i.c.e. with respect to some of these folks who are wanted, you know, it's, you know, just releasing them their nose at the this. to your point doesn't it, ironic that sadly ironic perhaps that it hurts the communities that proportedly these politicians and other places say they care about. >> you know, politicians are put in positions to protect the people. and part of that protection is you have to enforce the laws that are on the book. when you decide to pick and choose what laws you're going to enforce, you're taking away those protections if from the citizens that you're supposed to be taking care of. and that's the reality. >> another one for you art. i want you to look at this tweet from president trump, quote, ms13 gang members are being removed by great i.c.e. and border patrol agents by thousands but these killers come back through mexico, like water -- elle el salvador takes our money

we need the qawl. your thoughts on that. >> what can i say you have a president in the country that actually understands we need to secure our borders and understands that number one priority should be protecting the citizen living in the united states. i mean, i think he's doing a bangup job. >> if that's case how about a suggestion because i want to share one from you from naption. she actually has an alternative plan to president trump's border wall plan. roll tape. >> let's talk about where the more serious structure might be we're sensing and mowing grass as people can't be smuggled through the grass that's -- something. forget the wall let's just cut the grass. art. >> you know this issue is -- there's people from the national

board and a gone back and forth and spoken to president trump including myself. and i think we have a leader that knows what needs to be done and he's asked right question of the right people. and i think you know, he's the one that needs to ultimately make the decision. i've never spoken to ms. pelosi. >> isn't that just so farfetched, though, when you hear that and you -- and the people in the organization put your lives on the line, to keep us safe to protect our perimeter. how does it make you foal the idea that somehow cutting grass is going to make your job so much easier? >> it's, it's ridiculous. i think there's areas that the wall is needed. there's areas where -- other things are needed. the ultimate thing what we immediate to focus on is agents that are here. one of the big things that has not been talked about roongtly is what we have and way we retrain agents is by taking care of the agents that are there

working. >> art thank you for your service thank you for coming on this show this morning we always appreciate it. >> thank you for having me. get a check of the big board dow 30 stocks, all for or high verizon change led by ibm microsoft, and mcdonald's so usual names. pretty nice session we're up 130 as much as 200 points right out of the gate. so volatility but the bias shifting to upside and into a weekend that's impressive so far. and president trump making his big speech at cpac just moments from now. you're going to see it live right here on "varney & company."

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one will expand charging network in china and it begins taking model three orders for the first time for reservation holders. and then there's apple home pod that already stolen some market share from amazon echo that's one heck between two companies and planet fitness their shares hit record highs after higher sales maybe people fallen through on new years resolutions afterall. now there's this president trump is set to speak at cpac conference here in the next hour joining us now robert passer of the first baptist church in

dallas you threw in from jerusalem. >> great meeting with netanyahu and excited about his world loin. >> we have to talk about what's happening here in this country right now. of course the big news continues to be the aftermath of the florida shooting. president trump that would be a major topic when he speaks to cpac he's already talked about arming teachers. certain teachers who, of course, who specifically have skill and ware withall to follow through on this but people pawked about other issues as well. the one thing i don't think gets enough -- probably enough we're not hearing enough in media is return to some of the values that -- that have slipped in this country. what are thoughts on that? >> look liberals have been on a 60-year crusade to exterminate god from the public square. there's been a war against faith by secularists and that hasn't worked out so well has it. for 160 years school children were taught the fear of the lord. they learned bible verses.

they learned to respect authority. i think we need to do that again. you know somebody said without god all things are permissible and i think if you ignore the spiritual side of individuals and cultivate the soul you're not going to have a funnel solution to this problem. >> but it you boil it down for instance pledge of allegiance and now they never resite that it wasn't just about one nation under god. but a pledge of allegiance to a nation itself and instituted that in the first place. i don't know if legally because it was a supreme court decision we can bring that back. but we need something akin to that don't we? >> when you talk about the supreme court why were those things constitutional for the first 160 years and suddenly they're no longer constitutional? in 1980 suddenly the supreme court says you can't post the ten commandments in school when 115 years earlier you were

memorizing bible verses did the constitution change charles? of course not. what happened is we have allowed secularist and liberals to hijack our constitution and pervert it into something our founders never intended. >> evangelicals got behind president trump and many respect held put hill in the white house. how do you think -- he's -- what kind of great do you think he should receive thus far after his first year in awfsz? >> well i had dinner with him recently i told hmm that a triple plus. evangelicals were excited when they elected him a year ago and more excited today because promise he made have been fulfilled conservative judiciary, for example he's made more federal court appointments than -- any other president by this time in his term. they're excited about that. they're excited about the religious liberty executive order they're excited about pro-life assistance so they remain fired about this president. >> outside o of the political realm religion and of itself in

america, particularly with our young people, how do we improve how do we get that to change in turn particularly when -- the mainstream media is going to be something of a -- of a stumbling block they won't assist in that effort? >> they're not going to assist let's be clear for teaching christian values starts in the home. unfortunately there are home where is that's not being done. and certainly in the general public square there ought to be acknowledgement of god. the bible says that fear of the lord is the beginning of wisdom and so i think it has to begin in the home but it can't be exclusively in the home you know psalm 33:12 says blessed is the nation whose god is the lord. god blesses any nation that reverences him. >> this week we lost a legendary religious figure. with reverend billy graham you knew him. >> well actually he was a member of my church for 54 years. until just a couple of years ago when he moved to a smaller

church near his home so i knew billy graham our church is grieving over his passing yet celebrating because he often said, heaven is my home. i'm just passing through this world. and a billy graham is finally at home with the lord he served so faithfully. >> pastor thank you good to see you. >> 10 a.m. here in the east coast 7 a.m. on west coast and president trump is about to speak at cpac. that's a conservative political action conference, he's expected town vail a massive new set of sanctions against north korea, of course, he'll talk about tax cuts their impact on the economy, p nancy pelosi and her. the central focus will be the push for teachers, coach, some of them, the right ones to be trained on handling a gun. he is pushing for tougher background checks, wants to raise the minimum age to buy a gun and ban on bump stocks. joining us, david boss boss

coauthor of let trump be trump. we have with us larry o'connor, wmal radio show host and "washington times" associate editor. tasted, let me start with you. we're seeing trump being trump on this issue. sound like he will push back against two ding narratives on the left and the right. will suggest perhaps things that the nra will be fence. suggest things liberals will be against. i don't care about political correctness or walking the party line. this is president trump's individual thoughts and ideas how to address this grave situation. >> that is the difference between president trump and a lot of people in washington, he is a leader. he wants to get things done, whether on this serious problem of safety in our schools, or the economy or our national security, you name it, he has been a leader. that is what he does.

he comes here without the preconditioned ideas in his head. so i'm a believer that he will try to get something done to move this forward so that our children, can go to school and feel safe, actually be safe. charles: larry, remind me of that amazing meeting where the daca meeting, when he told both side, you know what? i will take the heat. certainly no matter what happens, whatever he suggests he will take a significant amount of heat. looks like he is willing to take it from all side. >> i hope the president approaches this though, and he has so far, approached it in a very serious way and also sort of the all of the above kind of approach because when ever gun control advocates and anti-second amendment advocates seize upon a horrible event we saw in florida last week, try to have what they call about gun violence, the conversation always foes one way, they want conservatives to change their

mind on our freedoms and liberties. that is a not conversation. we learned the fbi at federal level, local law enforcement officials apparently dropped the pal in significant way here providing for common defense the constitutional obligation of our government i hope the president addresses those issues as well not just for restrictions on firearms. charles: emac. liz: part of the debate, librarian in sandy hook shooting what is the nra argument that it is not perpetuate agriculture of violence? what is the solution the nra coming up with so stop shootings? what are the answers? >> let me say, this is a difficult issue but we have to remember this is the second amendment we're dealing wit. so to larry's point and i totally agree with him, the president is going to be very thoughtful about this but we can't just rush to some lynch mob mentality of let's do because it will be struck down

by the courts as well it should be if it is unconstitutional. we have very serious things. some of this legislation is going to take time and i have four kids in three different schools and i don't want it to take time. i'm like the average american. one thing that the president can do immediately, which is what he is talking about is training and arming people in the schools. whether it is people that are members of the national guard. many teachers in america are members of the military. they are already trained. those folks can be there. liz: the argument, david, i hear what you're saying quickly we talked to law enforcement as well. law enforcement admits they made mistakes when they see peach reaching into their bag for something. >> oh, please. liz: liz: not a oh please argument. let's not go there. >> that is not right. liz: have dispassionate argument and debate if you want.

can teachers, the question why have teachers, why not get military veterans to guard schools if they're retired. >> let me bring larry in, all these options, larry are on the table right now. >> are they? i hope they are. i hope the president addresses those. let me say something, 98% of the mass shootings we've seen over last several decades occurred in gun-free zones like schools. when people, like david, others, president advances the idea of teachers actually being trained and armed in the classroom, they think suddenly it will be some shoot-em-up scene. no the moment a potential mass shooter knows that a person in that classroom might be armed, might be dangerous, might be able to kill them, the shootings will stop. no longer it will be a gun-tree zone. look at federal marshals on airplanes. that is the whole purpose they're there to prevent something from happening. people don't hijack planes because they know that federal

marshall and passengers will rise up. as soon as that is known, then these shootings will stop. charles: david in light of news we're hearing with the deputy sheriff, some are saying hey, if you have someone who was trained and they still may have froze because the moment of truth is always sort of different than training, what about someone who may not have that same expensive training? would they freeze as well? >> well that can always happen. we see that happen in everyday law enforcement. we see that in the military. not everybody can handle that stress at any one time. this person failed those children and he failed the families, he failed his community. that is why he's gone but i would say if there is, one of the things that you learn in this, in this area is, in force, when you have multiple people, if it was not just one deputy, but multiple, there is a power to numbers. that is the big issue here. is i would suggest that we're

not dealing with one person. it is not just veterans. not just people. these people, there are a lot of teachers who are active duty in the military. >> understood ha. yes. i hear what you're saying. >> they could start tomorrow. liz: david i totally hear what you are saying, that is important point you made. the other point is mental health issues. the aclu does not want, and 23 disability groups also said they don't want soes security disability information about mentally-challenged individuals flowing through the fbi data background checks. they say that will lead to discrimination against the mentally disailed. those are very, very hard discussions that have to be had because this is really too is a mental health issue. charles: to that extent, larry, also people even going to see their own personal doctors or psychiatrists or psychologists. then there is prescription drugs that people take for anxieties and depressions. >> that's right. charles: it is a slippery slope

but in this case though, in the case of nikolas cruz, let's face it, there were so many missed opportunities. he was a threat. he was a menace to society. >> exactly. charles: somehow a lot of people dropped the ball there, larry. >> charles, it is fascinating, i love having these conversations because we're constantly balancing just as our founding fathers did our security with our rights. rights should always trump the question here if i can use the word trump. what is interesting, you point this out, charles, this nikolas cruz incident, the horrible mass murder we saw in florida is what is inspiring all of these conversations when if you just look at that crime, look at that horrible shooting there seems to be a whole lot of laws already in place that got completely ignored. get competent people in government to enforce the laws we already have in a fit of emotion and anger before we start introducing new laws to the table. charles: david, i have to tell you, one of these things i am on

board, i was on a board of a school in south bronx, they have metal detectors. they had them in there for a long time. there are not any incident because they have large security forces. it is not uncomfortable thing, but it is uncomfortable to go through. people are concerned a what point do schools look like fortresses, what impact would that have on our children? >> i will be honest with you, charles, i would rather them look like a fortress than a morgue. >> yeah. >> that is what this is about. this is about protecting our children. i want judge to be involved to have ajudication on mental health issues. list is exactly right. these are big fights, long-term fights. these things will not happen tomorrow. this president though has the ability to change all of americans mind by making sure our children are safe because law enforcement or trained people are at our schools and he should be doing it right now. i think he is moving that way.

charles: larry? >> i agree with david. by the way, as we're getting ready for the president to take the stage here, i know this will be a big part of his speech. but i sure hope he also focuses on the amazing tax cut package he was able to push through. the incredible economic benefits this country has enjoyed and the way democrats keep doubling down on the idea that these were just crumbs the american people got. he has a right to do a victory lap in front of this amazing crowd. liz: top democrats, keith ellison, emanuel cleaver saying nancy pelosi stop with the pathetic crumbs comment. that pathetic crumbs work on bummer sticker. we know new york and california rightfully don't like that, the rescinding of those deduction. question about getting back to guns, about the gun issue and is what can the president doia

executive order? beuse rember presidentbama did 23 executive actions that do not have the weight of federal law. executive orders go into the federal register. so what can he, what would he be willing to do via executive order? charles: sure. david? >> i think we'll be hearing maybe some of that in this speech today. you look at what he is talking about with the bump stocks. that is potentially, we don't know, if he can do it through second live order or has to be done legislatively. these things take time. it is unfortunate if something else happens. that's why this president, who is has been successful, why he was elected in the first place, he is somebody who is saying i will not stand around while these politicians talk about it. i'm going to take action. that is what he is doing this first year. that is why he had the success he had. that is what he is going to do here. we'll see some in today's speech, maybe outlining more of these issues that he will talk about.

charles: right. >> for the future of gun issue. but again, it's a god-given right the second amendment, it is going to be very difficult to legislate a lot of restrictions in it. it is just going to be complicated. charles: the federal age part might not be a hard thing. still will get push back from the nra. that is interesting battle. president trump emphasis this by saying they want to do the right thing. let ashley -- ashley: i want to get back to the pelosi thing. i came from a country that didn't have guns. i find it hard to jump in i understand the constitutional protection, the second amendment, i get all that. if you talk about the issue you should make kids as safe as possible, if it means arming children, turning schools into fortresses that is not reality. charles: did you children or teachers? ashley: did i say children? that is not what we want. it will not turn it into the o.k. corral. if we can save one life, we

should do that. charles: you can see activity on the stage right now. liz: matt schlapp. charles: matt schlapp, cpac is his baby. having incredible year cap off today, just moments from now president trump giving a speech there. are we going to listen to matt? i'm sorry, larry, you wanted -- >> i wanted to say i certainly don't want to walk down the same path president obama did trying to do as much as he can by executive order that will get overturned in the courts or should get overturned into the courts. issues should be in the legislative process. however one thing things he could have done, should do after the shooting in texas at church, we learned the background check system failed. that assailant, that murder, he had a troubled record if the military and pentagon along with thousands of other records did not transfer that to the justice department. again a failure of our federal government doing what they are

supposed to do. i don't understand reaction of so many in our country when they see a failure of federal government, when they see failure of local government doing what they're supposed to do, a tragic thing happens, suddenly the response give up more rights and give more power to the government. fix the problem if the government we have. the president can do that by fixing the background check. he doesn't need legislation to do that. charles: right. ashley: let me weigh in on nancy pelosi, charles, she is the gift that keeps on giving to the gop. best thing let her stay in the leadership position for democrats because if it is crumbs, if it is mowing the grass on the border, whatever it is she continues to show how out of touch she is, the best thing that can happen for her to stay there, she is the minority leader. republicans don't want her to p.m. the majority leader. liz: she is stimulus plan for republican campaigns. point has to be made, bill clinton in the middle of the monica lewinsky scandal,

facing impeachment, won five house seats and held the senate. the democrats held the senate, why? because the economy was he improving. senator barack obama ran on middle class tax cut against john mccain and won. he fired those guns late into the campaign worked for him. approval rating we can talk about, is the economy empowering forward. charles: david, you're saying this will be a central part of this. you're absolutely right president trump should take a victory lap. i think greatest form of flattery he should accept from the democrats he should give credit, those who are not dissing it, acknowledge that it exists trying to give credit to president obama. david? >> liz is exactly on point here. in the 1996 re-election for president clinton, you know they ran on a good economy and scandal fatigue. it had a big impact in those

november races. and that is what the republicans can do here in reverse. run on the economy and scandal fatigue. if you want more of this crazy impeachment talk, this ridiculous investigation of no russia collusion or cooperation, continue to vote for democrats who want to do nothing for the american people but will only do investigations of this president. that's what is slowing washington down, making it broken and continuing to be broken. i think that is a winning message for republicans come november. charles: larry? >> yeah i got to think david's old friend still working in the white house have to do some fist bumps and high fives every time nancy pelosi takes the stage and takes the microphone, you're absolutely right. she is the best thing they have got going for them. one thing with the scandal fatigue, one serious problem they are facing, do they stand

for anything. here is the president. charles: threat's watch. -- let's watch. ♪ still today, and there ain't no doubt i love this land, god bless the usa ♪ [cheers and applause] >> usa. usa. usa. [shouting] >> thank you very much, thank you, everybody. thank you. [cheering] thank you very much. thank you, matt, for that great introduction. thank you for this big crowd. this is incredible. really incredible. we have all come a long way

together. we have come a long way together. i'm thrilled to be back at cpac with so many of my wonderful friends and amazing supporters and proud conservatives. [cheering] remember when i first started running, because i wasn't a politician fortunately, but you remember i started running people were saying i think he is a conservative. i think now we proved i'm a conservative. [cheers and applause] for more than four decades this event served as a forum for our nation's top leaders, activists, writers, thinkers, year after year, leaders have stood on the stage to discuss what we can do to together to protect our heritage, to promote our culture, and to defend our freedom. cpac is always opinion about big ideas and it also has been about putting those ideas into action. cpac really put a lot of ideas into action.

we'll talk about some of them this morning. for the last year, with your help, we have put more great conservative ideas into use than perhaps ever before in american history. [cheers and applause] right? by the way. what a noise picture. look at that. i love to watch that guy speak. oh, boy. [cheering] oh, i try like hell to hide that bald spot, folks. i work hard. doesn't look bad. we're hagging in. we're hanging in. we're hanging in there, right. together we're hanging in. we've confirmed a record number,

so important, of circuit court judges. we are going to be putting in a lot more. [applause] and they will term the law as written, and we've confirmed an incredible new supreme court justice, a great man, neal gorsuch. right? [applause] we've passed massive, biggest in history, tax cuts and reforms. [applause] you know, i don't use the word reform. there was a lot of reform, very positive -- i don't use it. when we were first doing it i told everybody, everybody gathered, i said talk about tax cuts. people don't know what reform means. they think reform might mean it is going up. i said do tax cuts. [booing]

>> usa. usa. usa. usa. usa. usa! >> thank you. how did he get in here, matt? boy, okay. just for the media, the fake news back there. they took very good care of him. they were very gentle. he was very obnoxious. it was only one person. so we have thousands of people here. so, so listen, tomorrow the headline will be, protesters disturb the trump -- one person folks. doesn't deserve a mention. doesn't deserve a headline. the headline tomorrow, disruptors of cpac. one person and he was very nice.

we looked at him. he immediately left. okay. [cheering] no, i have had it too often. you have one person, you can hardly even hear. the biggest really disturbance are you people, you know why? he will say something, nobody hears him. then the crowd will start screaming at him. all of sudden we stop. that is okay you have to show your spirit, right? you have to show your spirit. [cheering] that's true. so we passed biggest tax cuts in the history of our country, and it was called tax cut and reform. i said to our people, don't use the word reform. were calling it tax reform act. i said no and wonder 45 years nothing was passed. people want tax cuts. they don't know what reform means. reform could mean you're going to pay more tax. i convinced politicians who have

done this all their lives, they do great job in many cases, the tax reform act of, whatever year we want to put, okay? so they have the tax reform act. and that was it. and now it was called the tax act, tax cut act and jobs, we had to add jobs into it, because we're picking up tremendous number of jobs, 2.7 million jobs. 2.7. [cheers and applause] so, so now people hear tax cuts and it has been popular. remember, it started off a little slow. then it got passed. we had some great help. i will say, we had some great help in the senate, in the house. we have guys here today. we have a lot of congress men. we have a lot of senators. we had a lot of help. we got it passed. it was not easy. we did not have one democrat

vote. i think that will cost them in the midterms. whoever wins the presidency has disadvantage for whatever reason in the midterms. i'm trying to figure it out. historically you win the president you don't do well two years later. we can't have that happened. i finally figured it out. it happens statistically almost all of the time for many years. what happens you fight so hard to win the presidency, you fight, fight, fight. and now only two years, that is a very short. by the time you start campaigning it's a year. and now, you got to go and fight again and you just won. so nobody has that same drive that they had. so you end up not doing that well, because the other side is going, they're crazed, by the way they're crazed anyway, these people, they are really crazed, right? [cheers and applause] so, i kept trying to say why is this? it is just there.

so the great enthusiasm, you are sitting back, you are watching television, ah, maybe i don't have to vote today, we won the presidency, then we get clobbered and we can't let that happen. we get clobbered in '18 and we can't let that happen only because we are so happy, we passed so many things. honestly, and i say, i will use the word my administration, as opposed it me, my administration i think has had the most successful first year in the history of the presidency. i really believe that. i really believe it. [cheers and applause] i really believe it. so, i mean judges, regulations, everything. [applause] the beautiful thing, the beautiful thing about the tax cuts is nobody thought we could do it. again, we had to get 100% of our

vote. nobody thought we could do it. and frankly, i mean to me, we got it and it has turned out to be one of the most popular things -- by the way for republicans in this room, which i assume, 99% matt or 100%? huh? i would hope it is close -- you know what? hey, we probably have some democrats that want to come over. we have a great governor from west virginia that left the democratic party, big jim. and he came oaf to the republican party. [applause] so, so people are sitting there, they're saying ah we had the great victory. let's not vote, let's bo to a movie. the republican party we'll do great. they end up losing. you have to keep up the enthusiasm. what happens by the way, they lose and then you have the presidential election coming up again and you clobber them because everybody gets off their ass and they get out and they

work, right? and they work. and they work and work and work. [applause] you end up winning the presidency again. we should do that. hopefully we'll do that very easily, but never, never, we have to worry, right now, we have a big race coming up in '18. you have to get out and just get that enthusiasm, keep it going. [applause] of the word is really complacent. people get campus place end. it's a natural instinct. you just won and now you're happy and you're complacent. don't be complacent. don't be complacent because if they get in they will repeal your tax cuts, they will put judges in that you wouldn't believe, they will take away your second amendment, which we will never allow to happen. they will take away your second amendment. [cheers and applause]

>> donald trump. donald trump. donald trump. [applause] >> remember that, they will take away, thank you. they will take away those massive tax cuts and they will take away your second amendment. by the way, if you only had a choice of one, what would you rather have, the second amendment or the tax cuts? go ahead, second amendment, tax cuts? second amendment? [cheers and applause] i'm going to leave it at the second amendment. i don't want to get into that battle, all right? we'll say you want, matt, we'll say you want the second amendment the most but we'll get them all. remember this. [cheering] remember this, we have gotten, you know, somebody got on television recently, they said actually this is the first time

i can remember, trump made campaign promises. he may be the only person that actually fulfilled more promises than he made. i think that is true. i fulfilled more promises. [cheers and applause] but we have a very crooked media. we had a crooked candidate too by the way. but we have a very, we have a very, very crooked media. >> lock her up. lock her up. lock her up! lock her up! >> i will say this, folks, everything that's turning out, now it is amazing, that has come full circle. boy, have they commit ad lot of atrocities when you look. right? when you look. have they done things that are wrong. [applause] but remember this, not only did we get the tax cuts which

everybody said we wouldn't get, by the way, repealed in that tax cut the individual mandate, which is a tremendous thing. [applause] this is where you're forced to pay in order not to have health care, okay? is that great? you pay for the privilege of not having health care. so you're subsidizing lots of other people. that's gone. people came up to me with tears in their eyes, i'm forced to pay not to have health care. very unfair. by the way we're having tremendous plans coming out now, health care plans, at a fraction of the cost that are much better than obamacare. [applause] except for one senator who came into a room at 3:00 in the morning and went leak that we would have had health care too. we would have had health care too. [booing] think of that. but i think we may be better off the way we're doing it, piece by piece, by piece, obamacare is just being wiped out.

the individual mandate essentially wipes it out. so i think we may be better off. people are getting great health care plans. we're not finished yet. but remember, one person walked into a room, when he was supposed to go this way and he said he was going this way, and he walked in and he went this way, and everyone said, what happened? what was that all about? boy, oh, boy, who was that i don't know. i don't know. i don't know. i don't want to be controversial so i won't use his name, okay? what a mess. but it is all happening anyway. it is all happening anyway. and we've, at the same time eliminated a record number of job-killing regulations and people are going back to work. [applause] all right. people are going back to work. and so you know the fake news,

if i say something that is a little off, next day headline, he misrepresents. so i have to be careful. but in the history of presidents no president, and i'm saying no president, maybe they will find, i was off by two, we're here one year. [laughter]. no president, well i read it in lots of good papers, actually, but they will change the story when i say it. no president has ever cut so many regulations in their entire term. okay? [cheers and applause] as we've cut in less than a year [applause] and it's my opinion that the regulations had as big of an impact as these massive tax cuts that we've given. so i really believe that. [applause] we have ended the on american energy. we were in war, and we've ended the war on beautiful, clean,

coal. one of our great natural resources. [applause] and very important for our defense, coal. very important for your defense because we have it. we don't have to send it through pipes. we don't have to get it from foreign countries. we have more than anybody. they wanted to end it and our miners have been mistreated and they're not being mistreated anymore. we're doing tremendous business. [applause] i was in vietnam and the prime minister and president of vietnam were there and we have a massive deficit with them like we do with everybody else because these presidents just let it go to hell. we have the worst trade deals you've ever seen. so we're changing it. i said we have too big of a deficit with vietnam, i'm not happy. they said, buy coal. they use a lot of coal. we have bought coal from west virginia and other places and it is the finest coal we

ever used. it is interesting. west virginia now is doing great. you look what is happening in west virginia. you look at what's happening in pennsylvania. you look at what's happening in ohio. [cheering] you look what is happening in wyoming. you look at what's happening all over, it is like, like a different world. and remember this, virtually as soon as i got into office, we approved the keystone xl pipeline and the dakota access pile lines which would have never been approved. [applause] we announced our withdrawal from the totally disasterous, job-killing, wealth-knocking out, you know it knocked out our wealth or it would have, they basically wanted to take our wealth away. they didn't want us to use our wealth power. we knocked out the paris climate

accord. would have been a disaster. [cheers and applause] would have been a disaster for our country. [applause] >> usa! usa! usa! [applause] >> you know basically it said, you have a lot of oil and gas that we found. you know technology has been amazing and we found things we never knew but we have massive, just about the top in the world, we have massive energy reserves. we have coal. we have so much. basically they said don't use it. you can't use it. so what it does, it makes us uncompetitive with other countries. it is not going to happen. i told them. it is not going to happen. china, their agreement didn't kick in until 2030, right? our treatment kicks in immediately. russia, they're allowed to go

back into the 1990s which was not a clean environmental time. other countries, big country, india, and others, we had to pay because they considered them a growing country. they were a growing country. i said what are we? are we allowed to grow too, okay? no, are we allowed to grow? [cheers and applause] they called india, developing nation. they called china a developing nation but the united states, we're developed. we can pay. folks if you don't mind, i tell you what, amazing how many people understood the paris accord because it sounds so good. it is like some of the environmental regulations that i cut. they have the most beautiful titles. and sometimes that, look i'm going to close high eyes and sign this because i'm getting killed on this one. the country knows what i'm

doing. we couldn't build. we couldn't farm. if you had a puddle on your land they called it a lake for the purposes of environments? it's crazy. it's crazy. [applause] i signed certain bills that i would have farmers behind me and i would have house builders, homebuilders behind me, and these are tough people, strong people. they fought hard. they worked all their lives hard. there would be half of them would be crying because we gave them their property back. we gave them the right to earn a living. they couldn't do it. they couldn't do what they had to do. we gave them their property back. we gave them their dignity back. [applause] by the way you don't mind if i go off script a little bit because it is sort of boring, sort of boring. [cheers and applause]

got this beautiful speech. everything is wonderful. a little boring we have to -- but we gave them their dignity back. and that's why our country's doing record business. we're doing record business. we're doing business and you have to look at the fundamentals. companies are pouring back into this country, they're pouring back. i mean, when did you hear about car companies coming back into michigan and coming to ohio and expanding? [cheers and applause] when do you hear -- you never heard that. you hear they're leaving. i've been talking about it for 20 years. i was a private sector guy, but for whatever reason these guys covered me much more than anybody else. i always got a lot of these characters. they used to treat me so good until i ran for office. i used to get the greatest publicity. a friend of mine said you use to be the king of getting great publicity. what happened?

i have views they're opposed to for a lot of bad reasons, a lot of really bad reasons but when you look at what's happening to our country it's incredible. the fundamentals are so strong. the stock market, i just see with all of the ups and downs, since election day, is up 37% from election, 37%. [applause] now it did a little bit of a correction. in fact i started to say, i was in it for 13, 14 months from election, i say is this sucker ever going down a little bit? this is embarrassing. up a 100, up 1000, up 90, up 63. that's better. hey, we've got seven years to go, folks. we have a long time to go. [cheers and applause]

so, thank you, everybody. you've been amazing. you've been amazing. you know what, matt? didn't say when i was here 2011, i made a speech, and i was received with such warmth and they give, they used to give, i don't know if matt does that because he might not want to be controversial, they used to give the best speech of cpac, do they still do that, matt because you better pick me or i'm not coming back? [cheering] i got these, everybody loved that speech. i think, matt, that might have been the first real political speech that i made. it was a love-fest, 2011, i believe the time was. and, a lot of people remembered. they said we want trump, we want trump. after a few years they go by, i say here we are, let's see what we can do.

they said he can not get elected. he can not do it. you need 270 votes. you need electoral college, which is much tougher than the popular vote. the popular vote would be so much easier. you go to 3 or 4 states you go and do a great job. hillary forgot that. she went to the states. what is she doing? why does she keep going back to california? [cheers and applause] crazy. next time they're going to remember iowa, they're going to remember ohio. remember? [cheering] they spent a lot of time in pennsylvania, it no avail. they spent a lot of money, they spent a lot of money, in the great state of north carolina. we did very well there. [cheering] we have a great person in the room, mark meadows, from north carolina. he is around here. where's mark? where's mark? [applause] and deb.

we have jim jordan, warriors all. we have lot of great people here but, you know, we just, we hit a chord. if you remember 2011, probably that was the beginning of what we've done and hopefully at the end of a period of time people will say thank you because it is not easy. we're fighting a lot of forces. they are forces that are doing the wrong thing. they are just doing the wrong thing. i don't want to talk about what they have in mind but they do the wrong thing. but we're doing what's good for our country for the long term viability and survival, like for instance, $700 billion got approved for our military. our military was going to hell. [cheers and applause] we declined to certify the terrible, one-sided iran nuclear deal. it was a horrible deal.

[applause] whoever heard you give $150 billion to a nation that has no respect for you whatsoever? they're saying death to america while they're signing the agreement. if somebody said death to america while i'm signing an agreement, i'm president, i immediate saying what is going on here, folks, i'm not signing. they just kept going. kerry, kerry may be the worst negotiator i have ever seen. how about, how about this guy? how about, and obama of course, he is the one. but, how about 1.8 billion in cash? did you ever see what, like a million dollars in 100-dollar bills? a lot of people do it as promotion. it's a lot. it is like big. now take that, go to $1.8 billion in cash. 1.8 billion, for what? for what? why did we do this? why did we do it? anyway, we didn't certify.

lots of interesting things are happening with that whole mess. we have to treat people that treat us well, we treat them well. people that treat us badly, we treat them much worse than they could ever imagine. that is way it has to be. [cheers and applause] that is the way it has to be. [cheers and applause] we officially recognized jerusalem as the capital of israel. [cheers and applause] you know every president campaigned on we're going to recognize jerusalem as the capital of israel.

everybody, for many presidents. you've been reading it. they never pulled it off! i now know why. because i put the word out that i may do it, right? i said i would do it in my campaign. that usually means unless i find something i'm going to do it. i was hit by more countries and more pressure, people calling beg, don't do it, don't do it. i said we have to do it. it is the right thing to do. it is the right thing to do. we have to do it. and i did it. [applause] but every other president really lied because they campaigned on it. that was always a big part of the campaign. then they got into office they never did it. i understand why they never did it. there was tremendous, campaign against it was so incredible. you know what? the campaign for it was also incredible and we did the right thing. [applause] so we've kept our promise as i said to rebuild our military, eliminating the defense

sequester which is a disaster. and i don't know if you saw the number, $700 billion. ultimately that comes before everything else. we can talk about lots of things but if we don't have a strong military, you might not be allowed into this room some day, okay? you may not have your houses, your homes, your beautiful communities. we better take care of our military. these are the greatest people. we're going to take care of our veterans. we're going to take care of the vets. we've been doing a good job on the vets. [cheers and applause] and after years of rebuilding other nations, we rebuild other nations, we rebuild other nations that have a lot of money. we don't ever say, hey, you got to help.

we are finally rebuilding our nation. we're rebuilding our nation. [cheering] and we're restoring our confidence and our pride. all of us here today are united by the same timeless values. we defend our constitution and we believe in the wisdom of our founders, our constitution is great. [applause] we support the incredible men and women of law enforcement. [cheers and applause] true. we foe that a strong nation must have strong borders. we celebrate our history.

and our heroes and we believe young americans should be taught to love their country and to respect its traditions. don't worry, you're getting the wall. don't worry. [cheers and applause] getting the wall. >> build that wall. build that wall. build that wall. build that wall! build that wall! build that wall! >> i had a you will could of these characters in the back say, oh, he really doesn't want the wall. he used that for campaigning. i said are you -- can you believe it? you know, i say every time i hear that the wall gets 10 feet higher, you know that? every time. [cheering] every single time. okay. now we're going to have the wall or they will not have what they want. we have a problem. we need more republicans. we have a group of people that vote against us in a bloc.

they're good at two things, resisting, obstruction. resisting, obstruction, and they stick together. they do. they always vote in a block. it is very rare you get a couple to come your way. even on the tax cuts. we'll be fighting these people in the '18 election. we'll be fighting people that voted against the tax cuts because the tax cuts are phenomenal and popular and helping people and helping our country. you saw apple just brought 350 billion in. exxon brought 50 billion in. so we're going to be fighting. the fact is we need more republicans to vote. we want to get our agenda, now what we have to do in order to get a vote to fix our military, we have to give them $100 billion in stuff that nobody in this room including me wants in many cases. it's terrible. we need more republicans. that is why you have to get out and you have to fight for '18.

you have to do it. we salute your great american flag, we put our hands on our hearts for the pledge of allegiance, and we all proudly stand for the national anthem. [cheers and applause] >>usa! >> usa! uusa! >> above all else we know that faith and family, not government and bureaucracy are at the center of american life. we know that. [cheering] because in america, we don't worship government, we worship god. [cheering]

[applause] our nation's motto is in god we trust. and this week our nation lost an incredible leader, who devoted his life to helping us understand what those words really mean. leader, he was a leader. he is a great man. we will never forget the historic crowds, that voice, the energy and profound faith after preacher named billy graham.

[applause] [cheering] great man, and great family. franklin graham, great family. they were for us, i'll tell you they were for us. right from the beginning they were for us. as young man billy decided to devote his life to god. that choice not only changed his life it changed our country and indeed it even changed the world. reverend graham's belief in the power of god's word gave hope to millions and millions who listened to him with his very beautiful but very simple message, god loves you.

[applause] and a very special tribute because it is almost never done. on wednesday we will celebrate billy graham's life as he lies in honor in the rotunda of our capitol. [cheers and applause] very rarely. one day, wednesday till thursday, about 11:00 on wednesday, i bet those lines are going to be long and beautiful because he deserves it. not everybody deserves it. but very few people, you look back, ronald reagan, was so

honored. very few people are so honored. that is a big thing. and, he really almost more than anybody you can think of, he deserves to be in the rotunda. so that is going to be very special, wednesday at 11:00. paul and mitch and the whole group, they worked very hard to make it all happen. so we want to thing testimony too. everywhere you go all over the country, in cities small and large, americans of all faiths reach out to our creator for strength, for inspiration and for healing. great time for healing. in times of grief and hardship we turn to prayer for solace and for comfort. in recent days our entire nation has been filled with terrible pain and sorrow over the evil massacre in a great community, parkland, florida. this senseless act of mass

murder has shocked our nation and broken our hearts. this week i had the honor of meeting with students from marjory stoneman douglas high school, with families who have lost their children in prior shootings, great families, great people. with members the local community, right here in washington, d.c. our whole nation was moved by their strength and their by their courage. we listened to their heart-wrenching stories, asked them for ideas, and pledged to them, and i can speak for all of the senators and congressmen and congress women, all of the people in this room, involved in this decision, that we will act, we will do something. we will act. with us on wednesday, was one of the families whose daughter didn't come home last week.

a beautiful young woman named meadow pollack. incredible family. i had them in the oval office. incredible people. you probably have seen her picture. she had a beautiful, beautiful smile and a beautiful life. so full of promise. we wish that there was something, anything, we could do to bring meadow and all of the others back. there are not enough tears in the world to express our sadness and anguish for her family and for every family that has lost no family should ever save and ever have to go in and suffer the way these families have suffered. they've suffered beyond thinking that i've ever witnessed -- beyond anything that i've ever

witnessed. a father drops his daughter off at school, kisses her good-bye, waves to her, she's walking up the path and never sees her alive again. gets a call, can't believe it. thinks it's a nightmare. wants to make up from the nightmare. so we want to hear ideas from americans of all backgrounds and beliefs about how we can improve security at our schools, tackle the issue of mental health. because this was a sick person, very sick. and we had a lot of warning about him being sick. this wasn't a surprise. to the people that knew him, this wasn't even a little bit. in fact, some said were surprised it took so long. so what are we doing? what are we doing? we want to insure that when there are warning signs, we can act and act very quickly. why do we protect our airports and our banks, our government

buildings but not our schools? [cheers and applause] it's time to make our schools a much harder target for attackers. we don't want 'em in our schools. [applause] we don't, we don't want 'em. when we declare our schools to be gun-free zones, it just puts our students in far more danger. [cheers and applause] far more danger. [applause]

well-trained, gun adept teachers and coaches and people that work in those buildings, people that were in the marines for 20 years and retired, people in the army, the navy, the air force, the cost guard, people that are adept, adept with weaponry and with guns, they teach. i mean, i don't want to have a hundred guards standing with rifles all over the school. you do a conceal-carry permit. [applause] and this would be a major deterrent, because these people are inherently cowards. if they thought, like if this guy thought that other people would be shooting bullets back

at him, he wouldn't have gone to that school. he wouldn't have gone there. it's a gun-free zone, it says this is a gun-free zone. please check your guns i way far away. and -- guns way far away. and what happens is they feel safe. there's nobody gonna come at 'em. this way you may have -- and remember, if you use this school as an example, this is a very big school with tremendous floor area and a lot of acreage. it's a big, big school. good school. a big, big school. have to have 150 real guards. look, you had one guard. he didn't turn out to be too good, i will tell you that. [laughter] he turned out to be not good. he was not a credit to law enforcement, that i can tell you. that i can tell you. [applause] but as i've been talking about this idea, and i feel it's a great idea but some people that are good people are opposed to it. they don't like the idea of

teachers doing it. but i'm not talking about teachers. you know, cnn went on and they said donald trump wants all teachers, okay? fake news, folks, fake news. fake news. [applause] i don't want a person that's never handled a gun that wouldn't know what a gun looks like to be armed. but out of your teaching population, out of your teaching population you have 10%, 20% of very gun- adept people. military people, law enforcement people, they teach. they teach. [applause] and something i thought of this morning, you know what else? and i thought of it since i found and watched peterson, the deputy who didn't go into the school because he didn't want to go into the school, okay? he was tested under fire, and that wasn't a good result. but you know what i thought of as soon as i saw that? these teachers -- and i've seen them at a lot of schools where

they had problems -- these teachers love their students. and the students love their teachers in many cases. these teachers love their students. and these teachers are talented with weaponry and with guns. and that's finish they feel safe -- and that's, they feel safe. and i'd rather have somebody that loves their students and wants to protect their students than somebody standing outside that doesn't know anybody and doesn't know the students and, frankly, for whatever reason decided not to go in even though he heard lots of shots being fired inside. the teachers and the coaches and other people in the building, the dean, the assistant dean, the principal, they can -- they love their people. they want to protect these kids. and i think we're better with that. and this may be 10% or 20% of the population of teachers, etc. it's not all of 'em.

but you would have a lot, and you would tell people that they're inside. and the beauty is it's concealed. nobody would ever see it unless they needed it. it's concealed! so this crazy man who walked in wouldn't even know who it is that has it. that's good! that's not bad, that's good. and a teacher would have shot the hell out of him before he knew what happened. [cheers and applause] they love their students. they love those students, folks, remember that. [applause] they love their students. and i'm telling you, that would work. because we need offensive capability. we can't just say, oh, it's a gun-free school, we're going to do it a little bit better. then you say, what happens outside? the students leave school,

you've got 1,000 students -- 3,500 at the school we're talking about -- but you've got 1,000 students standing outside. if a madman comes along, we have the same problem, but it's outside of the school. or they drive cars. there are a lot of things that can happen. i want to stop it. and i know it's a little controversial to say is it, but i have to say since i started this two days ago a lot of people that were totally opposed to it are now agreeing. they love their students, they don't want their students to be killed or to be hurt. [applause] so we have to do something that works, and one of the big measures that we will do and everybody in this room, i think, has to agree -- and there's nobody that loves the second amendment more than i do, and there's nobody that respects the nra, they're friends of mine, they backed us all. they're great people. they're patriots. [applause] but -- they're great people. but we really do have to strengthen up, really strengthen

up background checks. [applause] we have to do that. [applause] and we have to do, for the mentally ill, we have to do very, very -- we don't want people that are mentally ill to be having any form of weaponry. we have to be very strong on that. [applause] so we're going to do that, and i really believe that congress is going to get it through this time. and they have a different leader, they have somebody that wants to get it through, not somebody that's just all talk, no action like so many of these folks. this is somebody that wants to get it through. but i also want to protect -- we need a hardened site. it has to be hardened. it can't be soft. because they'll sneak in through a window, they'll sneak in some way. and, again, you're standing there totally unprotected. you know the five great soldiers from four years ago, three of them were world class marksmen. they were at a military base in a gun-free zone.

they were asked to check their guns quite far away. and a maniac walked in, guns blazing, killed all five of them. he wouldn't have had a chance if these world class marksmen had, on a military base, access to their guns. and i'm going to look at that whole policy on military bases. if we can't have -- [cheers and applause] all five were killed. all five. the guy wouldn't have had a chance. but we're going to look at that whole military base gun-free zone. if we can't have our military holding guns, it's pretty bad. we had a number of instances on military bases, you know that. so we want to protect our military, we want to make -- we're going to make our military stronger and better than it's ever been before. [cheers and applause] we also need to create a culture

in our country that cherishes life and human dignity. that's part of what we're talking about. a culture that condemns violence and never glorifies violence. we need to force the real human connections and turn classmates and colleagues into friends and neighbors that want to fight for us. we're not just having a conversation about school safety. you've had conversations, in all fairness -- i'm pretty new on this job. we're here a little more than a year. i've been watching this stuff go on for 20 years. the president gets up, everybody's enthusiastic for the first couple of days, then it fades, fades, fades. nothing ever gets done. we want to see if we can get it done. let's get it done right. we really owe it to our country. [applause] i've been watching for a long time, seen a lot of words, and i've seen very little action.

and, you know, if you think about it, most of it's just common sense. it's not do you love guns, do you hate guns. it's common sense. it's all common sense. and some of the strongest advocates about what i'm saying are the strongest advocates -- i know them very well, political people -- the strongest advocates for the second amendment. but this is common sense. in addition to securing our schools, we're also implementing a strategy to secure our streets. we want our kids to be safe everywhere they go whether they're in a classroom, walking home from school or just outside playing with their friends. [applause] every child deserves to grow up in a safe community surrounded by a loving family and to have a future filled with opportunity and with hope! [cheers and applause]

thank you. thank you. [applause] just not fair. reducing violent crime in america is a top priority for my administration, and we will do whatever it takes to get it done. no talk, we're going to do what it takes to get it done. [applause] as you've seen pretty well reported that we're significantly increasing gun prosecutions by tremendous percentages, and we're working to get violent offenders off our streets and behind bars and get 'em behind bars quickly, for a long time or get 'em the hell out of our country. [cheers and applause] in 2017 we brought cases against more violent offenders than any

administration in a quarter of a century, more than any administration, and we're just gearing up. we have tough people. i'll tell ya what, when you deal with ms-13, the only thing they understand is toughness. they don't want anything, all they understand is toughness. if that i.c.e. agent or border patrol agent is tougher than them, they respect them. we've got the toughest guys you've ever seen. we got tough. [applause] they don't respect anything else. and they shouldn't be in our country. they were let in for years, they shouldn't be -- and we're getting them out. our administration prosecuted more people for federal firearm charges than has been done in more than a decade. and again, we're just gearing up. we convicted 1,200 gang members and nearly 500 human traffickers. you know what, human trafficking, who would think that we have this in this age.

and with our foreign partners, we've helped charge or arrest more than 4,000 members of the savage gang that we talked about, ms-1. now, they -- ms-13. now, they don't like guns, you know why? they're not painful enough. these are animals. they cut people. they cut 'em. they cut 'em up in little pieces, and we want them to suffer. and we take them into our country because our immigration laws are so bad. and when we catch 'em, it's called catch and release. we have to, by law, catch 'em and then release them. catch and release. and i can't get the democrats, and nobody has been able to for years, to approve common sense measures that when we catch these animal killers, we can lock 'em up and throw away the keys. [applause]

in 2017 our brave i.c.e. officers arrested more than 100,000 criminal aliens who have committed tens of thousands of crimes. and believe me, these are great people. they cannot -- the laws are just against us. they're against, they're against safety. they don't make sense. and you meet with democrats, and they're always fighting for the criminal. they're not fighting for law-abiding citizens. they're always fighting for the criminal. [applause] doesn't make sense. here are just some of the criminal charges and convictions for the aliens arrested by i.c.e.: 11,000 charges or convictions for sex crimes, 48,000 for assault, 13,000 for burglary and 1800 for killing

people. we're cracking down on sanctuary cities. can you believe this? where they protect -- [applause] that's another one. be because we want our cities to be sanctuaries for law-abiding americans, not for criminals. [cheers and applause] and by the way, the senate democrats and the house democrats have totally abandoned daca. they've totally -- they don't even talk to me about it. they have totally abandoned finish you know, we get the reputation like daca, it's not republican. well, let me tell you, it is republican. because we want to do something about daca, get it solved after all these years. the democrats are being totally unresponsive. they don't want to do anything about daca, i'm telling you, and it's very possible that daca

won't happen. and it's not because of the republicans, it's because of the democrats. and, frankly, you better elect more republicans, folks, or it'll never happen. [applause] the democrats voted in favor of sanctuary cities. in other words, they voted to protect criminal aliens instead of voting to protect the american citizens. to secure our country, we are calling on congress to build a great border wall to stop dangerous drugs and criminals from pouring into our country. [applause] and now they're willing to give us the wall, but they don't want to give us any of the laws to keep these people out. so we're going to get the wall, but they don't want to give us all of the other -- chain migration, lottery.

think of a lottery. you have a country, they put names in. do you think they're giving us their good people? not too many of you people are going to be in a lottery. [laughter] so we pick out people. then they turn out to be horrendous. and we don't understand why. they're not giving us their best people, folks. finish they're not giving us, i mean, use your heads. [laughter] they're giving us -- it's a lottery. i don't want people coming into this country with a lottery. i want people coming into this country based on merit, based on merit! [cheers and applause] i want people, and we all want to be admitting people who have skills, who can support

themselves financially, who can contribute to our economy, who will love our people and who will share our values, who will love our country. [applause] i don't want people who drive a car at 100 miles an hour down the west side highway and kill eight innocent victims and destroy the lives of 14 more. nobody talks about that. nobody ever talks about the people that have been so horribly injured who lose legs and arms. in manhattan, where i used to spend my time, i know it very well this stretch along the west side highway. people run in order to stay in shape. they want to, they want to be healthy, they want to look good. they run, they're running all the time, i see it. they run. [laughter] we work in different ways. [laughter]

but they run. no, but think of this, they run, and they're so -- they want to be fit. they're proud people. they want to be fit. and they're running up and down west side -- it's beautiful. it's a beautiful thing. and this maniac takes a car going down the highway and just turns to a right, and he kills eight. but he really badly wounded 12-14 other people. so somebody think of it, runs to stay in shape, leaves the house, is jogging along working hard, ends up going home two months later with no leg or with no arm, or with two legs missing. nobody ever talks about them. they talk about the people, rightfully, that were killed. but they don't talk about the people that, whose lives have just changed, just changed. they don't talk about that. this guy came in through chain

migration. and a part of the lottery system. they say 22 people came in with him. in other words, an aunt, an uncle, a grandfather, a mother -- whoever, but a lot of people came in. that's chain migration. let's see how those people are doing, by the way. we've got to change our way. merit system. i want merit system because you know what's happening? all these companies are coming into our country, they're all coming into our country. and when they come in, we need people that are going to work. i'm telling you, we need workers now. [applause] we need workers. but when i walked in today, did anyone ever hear me do the snake during the campaign? because i had five people outside say, could you do the snake? i said, well, people have heard it. who hasn't heard the snake? [background sounds] you should -- read it anyway, he

says. let's do it anyway, all right? i'll do it. should we do it? [applause] now, this was a rock and roll song, little amendments, a rock and roll song. but every time i do it, people -- and you have to think of this in terms of immigration. we have to have great people come into our -- i want people to come into our country. and i want people that are going to help us. and i don't want people that are going to come in and be accepting all of the gifts of our country for the next 50 years that do -- and contribute nothing. i don't want that. and you don't want that. i want people that are going to help and people that are going to go to work for chrysler, who is now moving from mexico into michigan. [applause] and so many others. [cheers and applause] and apple, by the way, and foxconn up in wisconsin. they're going to need 25,000 workers. i want people that can come in and get to work and and work hard even if it means a learning

period. that's fine. but i want people that are going to come in and work. and i want people that love us and look at security and they want you to be safe and they want to be safe is. i want -- to be safe. i want great people coming into this country. i don't want people coming in the way they do now, because i want people that contribute. so this is called, this is called the snake, and think of it in terms of immigration. and you may love it or you may say, isn't that terrible, okay? and if you say isn't that terrible, who cares? because the way they treat me, that's peanuts compared to the way they treat me, okay? [laughter] [applause] immigration. on her way to work one morning, down the path along the lake a tender-hearted woman saw a poor,

half-hearted frozen snake. his pretty colored skin had been all frosted with the dew. poor thing, she cried, i'll take you in, and i'll take care of you. take me in, oh, tender woman, take me in, for heaven sake. take me in, oh tender woman, sighed the vicious snake. she wrapped him up all cozy in a comforter of silk and laid him by her fireside with some honey and some milk. she hurried home from work that night and soon as she arrived, she found that pretty snake she'd taken in had been revived. take me in, oh, tender woman, take me in, for heaven sake. take me in, oh, tender woman,

sighed the vicious snake. she clutched him to her bosom. you're so beautiful, she cried. but if i hadn't brought you in by now, surely you would have died. she stroked his pretty skin again and kissed and held him tight. but instead of saying thank you, that snake gave her a vicious bite! take me in, oh, tender woman. take me in, for heaven sake. take me in, oh, tender woman, sighed the vicious snake. i saved you, cried the woman, and you've bitten me, heavens why? you know your bite is poisonous, and now i'm going to die!

oh, shut up, silly woman -- [laughter] said the reptile with a grin. you knew damn well i was a snake before you took me in. [cheers and applause] and that's what we're doing with our country, folks, we're letting people in, and it's going to be a lot of people. it's only going to be worse. we're giving you protection like never before, our law enforcement's doing a better job than we've ever done before, and we love our country. and we're going to take care of our country, okay? we're going to take care of our country.

[applause] so just in finishing, our country's starting to do very well. our economy is blazing. jobs are at a record level. jobs are so good. 2.7 million jobs created since the election. unemployment claims -- [applause] have reached a 45-year low. [applause] african-american unemployment has reached the lowest level in our history. [cheers and applause] hispanic unemployment has reached the lowest level in our history. [cheers and applause]

women, women unemployment is at the lowest level in 18 years. [cheers and applause] wages are rising for the first time in many, many years. [applause] small business confidence is at a record high. and thanks to our massive tax cuts, millions of americans are getting to keep a great percentage of their money instead of paying it to a government that throws it out the window. [cheers and applause] so i just leave you with this: we have to fight nancy pelosi. they want to give your money away. they want to give you money

away. they want to enyour tax cuts -- end your tax cuts. they want to do things you wouldn't even believe including taking your second amendment rights away. they will do that. they will to that. so we have to get out there, and we have to fight in '18 like never before just the way you fought with us. just the way you fought with us. you fought so hard, and you were so tough and you were so smart, you were so smart. and you know what? i know for a fact you did the right thing because we're looking at the numbers, and the numbers -- even they have to give credit for the kind of numbers that we're producing. nobody has ever seen anything like it. [applause] under my administration the era of economic surrender is over. we're renegotiating trade deals that are so bad whether it's

nafta or whether it's world trade organization which created china, it created -- you look at china. it was going along like this, then we opened -- stupidly -- this deal. and china has been like a rocketship ever since. and now last year we had almost a $500 billion trade deficit with china. we can't have that. we can't have that. i have great respect for president xi, but we can't have that. we have to go and we have to do what we have to do. we just can't let countries -- as an example, mexico. we have a $100 billion trade deficit with mexico. what does that tell you? you know what it tells you? nafta is no good. it never was any good. but for some reason nobody ever changed it. they emptied our factories -- you've got to see the car plants

and auto plants in mexico, like -- you've never seen anything like it before. i want those companies, and they're starting. i want them back here. i want them back here. they're going to come back here too. [applause] and we want to make our neighbors happy, but we can't continuously have other nations taking advantage of the united states like never before. and this has gone on for a long time. this has gone on for longer -- the last administration was a disaster, but this has gone on for much longer than the last administration. and we've got to change it. we're going to change it. so we're renegotiating deals. and you know what? hate to say it, but if we can't make a fair deal for the united states, we will terminate the deal, and we'll start all over again. gonna have to do it. [cheers and applause] treasure -- so under my administration and with your

help, don't forget, you, many of you, were the forgotten people. you were the people that when the polls came out, they didn't know you existed. the democrats are trying to figure out who you are, because they want to get you back. but you were people, we've had people that never voted, but they're great patriots. they never saw anybody they wanted to vote for. then they go to the election, they've got trump/pence, trump/pence. trump over here, make america great again hats, right? [cheers and applause] so -- so our country is starting to do well. we are going to make it greater, better, safer than it ever was before. the reason is you. this has been a great movement. they try like hell, they cannot stand what we've done, but we're doing the right thing. we're even doing the right

thing for them. they just don't know it yet. they just don't know it yet. [applause] even the media, the media will absolutely support me sometime prior to the election. all the horrible people are going to support me. you know why? because if somebody else won, their ratings would go down. they'd all be out of business. nobody would watch. they'd all be out of business. so i just want to tell you that we are going to win. i'd love you to get out there, work really hard for 18. we need more republicans to keep the tax cuts and keep all of this going, and i love you, i respect you, i appreciate everything you've done for the country. [cheers and applause]

>> usa! usa! usa! >> i appreciate everything you've done. i do want to say because people have asked, north korea, we imposed today the heaviest sanctions ever imposed on a country before. [cheers and applause] and frankly, hopefully something positive can happen. we will see. hopefully something positive can happen, but that just was announcid and want to let you know. we have impose the heaviest sanctions ever imposed. so ladies and gentlemen, thank you for everything. you have been incredible partners. incredible partners. [cheers and applause] and i will let you know in the absolute strongest of terms, we're going to make america great again, and i will never, ever, ever let you down.

thank you very much. thank you. [cheers and applause] ♪ ♪. >> president trump wrapping up a rousing speech at cpac, giving the audience everything they came for, covering a variety of topic, ending with the pledge they will never, ever let you down. obviously, well received there at the conservative political action committee conference. covered the agenda, covered the topics of the day including the

school shooting and insisting that his idea for arming teachers will work, and he went deeper into one of the reasons in talking about the love, the relationship that teachers have with their students and that they would not freeze because they are so committed to their safety and, of course, we all believe in our -- the teachers that take care of our students. want to bring in company now and get thoughts on this. ashley, emac. >> classic donald trump. >> classic donald trump. >> preaching to the choir there. >> i'm sorry? okay and, of course, jeff is with us as well. >> and freewheeling, in the classic donald trump style, and you know, he hit all the main points and then some, said i've actually fulfilled more promises than i made which i think was one of the funniest lines out there. he talked about the gun issue, all the major issues of his campaign that he says he's fulfilled, and you know, he's talking about feeling a shift and the republicans are looking a lot better in the midterms,

we shall see, but certainly playing to a very friendly crowd. you could tell he loved every second of that. >> that line i fulfilled more promises than i made got a lot of laughter, reminded me of the muhammad ali line, i'm so fast, last night i turned off the light switch and i was in bed before the room was dark. >> yeah, yeah. >> that's the thing with donald trump. remember we went through totus, teleprompter of the united states. he doesn't talk at you, he talks with you. he is very common sense. he said tax reform can mean your taxes go up. i mean tax cuts. he spent a lot of time on that and spent a lot of time on saying the crooked media and so forth, but i think what he really was doing was warning democrats, you know, here's where i stand, where do you stand? >> and central with the cpac and the audience is patriotism. we proudly stand for the

national anthem was one of the bigger standing ovations he got. i thought it was interesting, restoring confidence and pride, something reflected in different polls, including a poll by gallup where we feel like our standing in the world is extremely high as it's been in a decade. americans feeling that enthusiasm about themselves and their country. of course, the big focus on the florida school shooting and what should be done, talk about the solution, and said listen, if you want a school with 100 armed guards around there, it's not a good look, and specifically said of course because the media tried to change his message out the gate. adept teachers, former military, lot of people in the school systems already, so being a deterrent, we know that central theme any law enforcement of any security is deterring. even our nuclear system, the triad system is designed not really to go war but to deter anyone from going war with us.

it's all about deterring and actually the teacher had a gun in parkland, they would have been able to shoot the hell out of killer. >> that's the same point we heard before. look, we have armed guards for jewelry stores and banks and celebrities in hollywood, why shouldn't we have better protection for our children? that's the point we had a lot. >> you talked about the stock market rally. some people making fun when the markets started to dip in the last couple of weeks that president trump should have never bragged about the market. i'm on the opposite end of that. i love when he talks about the stock market. i love when he brags about the market because i've always seen the stock market marketed and promoted as something the elites are in charge of and regular folks shouldn't be involved, unless they give money to the elites to handle it. these are the same people who buy at dollar general, why not own shares of dollar general. these are the same people that eat at ihop, why not own shares of ihop.

that's one of the reasons i enjoyed it. made the point, pullbacks happen, we have seven years ago, hopefully the market's gone a lot higher. what do you think? >> i agree, he certainly has the right to talk about the market and use the platform to talk about it. my concern is always with trump that he is a very goal-oriented, competent person. he tends to speak in a way that a lot of times people misinterpret, and him being a market prognosticator is not the position he should necessarily be in. first of all, he didn't -- before he became president, he didn't particularly like the market. now all of a sudden he does like the market -- >> well, it's that he said i'm a real estate guy. those are two different things. if expertise is another area of investing, my expertise is in market equities, doesn't mean i

like bonds or real estate. i know what my strengths are. he always owned stocks but not the central part of his portfolio. when he talked about nafta, the world trade organization, some people on wall street get nervous when he talks about that kind of thing, they think about protectionism, but still president trump is talking about a more reciprocal, honest relationship, what do you make of that? >> i think that's great. first of all renegotiating our trade contract, that is mandatory because we probably have some of the worst trade contracts that we could ever possibly have. but one thing that i believe people are concerned about is that they're concerned about the fact that, yes in fact we do need to get manufacturing back onshore. we need to get it back in the u.s., but the tariff issue concerns me greatly, which means, until we ramp up manufacturing here, he has to be very careful with imposing too much tariff on some of

these foreign manufacturers because we still need the goods and services in the u.s. it's fine to incentivize but he has to watch penalizing these entities. >> jeff, the dow up 181 points, holding in there pretty good. we're in a trading range, though, and i continue to say it feels like we are in a coiled spring and the market needs a catalyst, to get over the recent anxieties of the federal reserve and the 10 year bond yields and it may not happen until the next fomc meeting or when jay powell testifies before congress. are there other factors that can be a decider where the market wants to go? it feels undecided right. >> you this market up 200% since 2009. the one thing that has exemplified this market has been complacency. and what i see is it's all about interest rates right now. if you see the volatility we

had this week, it had everything to do with the fed and what the fed has to say about interest rates. my opinion is that this market is going to have a very, very hard time with rising interest rates. that's going to cause the volatility and cause the concern. >> you think that is -- >> 3%. >> 3% yield would destroy a stock market rally, with underlying economy could be growing at 3% plus, record earnings for corporate america. >> it's not the 3%, per se. it's the fact that we're in an environment where we're getting interest rates are rising, and i believe there's a lost momentum traders out there that have capitalized on the complacency, the low volatility and as long as -- as long as there was this cheap money out, there markets rose. my opinion is this market is overvalued.

a 10% correction off of a 200% move is not enough for me to justify a pullback. i think the economy is great, and i think earnings are great. >> since you go back to 2009, we were always down 50% at that time, so march of 2009 you could say it was the beginning or starting point, but the market was extraordinarily oversold. we sold off amazing companies were selling for pennies what they were really worth. so i think we've gained some form of equilibrium. >> i agree. the potential of a market to go too far to one extreme or another has been obvious. my opinion is yes, we have declined too much in 2008. we came back based off of a lot of very good reasons to come back, but now i think we have a market that has been overly complacent. the lack of volatility has concerned me for a very, very long time. >> what's the downside risk in your mind? >> the market is 20% overvalued. my opinion 20% overvalued.

that doesn't mean it can't go up another 10%, be 30% overvalued. i think the market is overvalued. >> because of the complacency and because of the nature of the market, if we were to sell off 20%, you are talking about entering bear market territory. what would get us out of a bear market? if we went into a bear market with extraordinary economy, people would be very discouraged because if the market could be crushed in that environment, and that sort of environment, in that sort of environment, what would get us out of such a nosedive? >> i think -- i separate the economy from the market. i think if we do go into a decline of that size, i think markets are going to need to learn how to function without low interest rates. to me, i don't believe this story that there's zero inflation. i don't believe this. i didn't like what mnuchin said, i think that's -- i'd like to hear more about what he thinks about inflation. i see pockets of inflation. >> speaking of mnuchin.

as we can see he's on the screen right now, and we know president trump has been considering various options with respect to tariffs and trades. he just mentioned it right now. is mnuchin giving more details? >> he is. what they're trying to do stop people cheating the sanctions and getting fuel and revenue into north korea and by doing this, this latest round of sanctions are targeting 56 shipping and trading companies and vessels according to the treasury department, that are continuing to break the sanction's rules and provide energy and provide money to north korea. this is another effort to try and isolate the rogue regime, and we've already seen satellite photos of ships picking up goods elsewhere and dropping them off in north korea in complete violation of the sanctions against the country. this is an effort to put their foot down and target specific shipping and trading companies that continue to do business

with north korea. >> i want to bring in kim strossel, a fox news contributor. kim? first of all, i want to get your thoughts on president trump's cpac speech. >> very long speech. this was about motivating the base. the president knows this is going to be the hardest thing for republicans in these upcoming midterms and the special elections leading up to them as a sense of complacencyy among his base. he was out, there a bit of a pep talk, a victory tour after the first year and basically saying we need you to be as involved in this election as you were two years ago. >> he certainly seemed to be very comfortable in front of this audience. a year or so ago, there were questions how conservative president trump was. today very much at ease and like this was his audience. >> yeah, i think the base out there, the republican base, those who were skeptical of him have come around, at least to the policy achievements that the administration has put

forward. and they may not always like his style, but listen to the applause lines he got, very much directed at the progress on the economy, on judges, on deregulation, and no matter where you are on the conservative spectrum, that's a sort of stuff conservatives like to hear. >> of course, the big topic, the aftermath of the florida massacre and president trump continues to push the idea of arming certain adept schoolteachers, thinking former military, the best way to counter this. what are your thoughts there? >> this may not be as difficult as folks suggest. there are folks out, there upstanding citizens who have concealed permits already. i would be surprised if some of them were not schoolteachers. this is a question of school policy and moving away from the idea of gun-free zones where the only people who end up being armed are the bad guys who come in, or potentially the security officer who doesn't do his job and sits outside.

>> yeah, quickly, you've been talking to also the mental illness aspect with respect to owning guns. >> yeah, this is the hardest thing that faces washington, but it's the top priority. nobody wants to go here because it's a touchy issue that gets into the civil liberty space, but everyone who's out there saying we need to better track those with mental illness and make sure they can't get guns. the only way can you do that is revise our current federal privacy laws which make it all but impossible to know who is a potential risk out there. and we're going to have to look at state commitment laws as well too, and court orders and this is touchy. we still need protections for people but right now the current system is not working in terms of keeping the mentally ill away from weapons. >> kim, always appreciate hearing from you, thank you very much. >> thank you. >> want to bring in american conservative union chairman matt schlapp. matt, what an event you guys have put on down there. again, i'll ask you.

your thoughts, president trump, it wasn't just a victory tour with respect to first year in office but feels like a victory tour with how he cemented his relationship with the conservatives in that room. >> yeah, charles, that was my feeling as well. you never kind of know what to expect when he feels comfortable. and he definitely felt comfortable today. he spoke from the heart. you saw vintage trump on the stage there today, and do i think, he has a great relationship and rapport with people who aren't from the nation's capital, who come from across the country, he's been here since 2011, that was an extraordinary speech. >> i spoke with kim strassel of the journal, she was saying how important it is for president trump's core voters, the folks who believe and trust in him to not be complacent. this perhaps being an opportunity to remind him of that. and he did drop the hints or lines more than one time during

the speech. do you think could this be the springboard to wakening that hey, the democrats have been energized. the party out of power always is and we've got to counter that? >> this is a big question in a democracy when you have election coming up, charles, is that is hate more powerful than love? is your support for a candidate more powerful than your hatred for a candidate. that's going to be on display. we're going to see what works. in the past, you can almost always count on the fact that the positives around being for somebody you care about will outweigh the negatives, and i think what the president is trying to say is don't believe all these polls. don't believe all the hype that republicans are already out of 2018 elections. i've done this business a long time. that's why i have white hair. the elections are very much in play and he wants these people out there working. >> of course, very conservative audience there, a 2nd amendment audience. president trump, i don't think

i heard him mention the changing age. his focus primarily on the concealed carry among schoolteachers. how did the audience take that idea because there have been some serious debate among people who typically like minded on almost everything else? >> look, the president brought up for instance daca. president brought up the fact it's a time to listen and get everyone's ideas, he did focus on school safety and security as you said, we're at one of these moments politically, it is a smart time to put all the ideas on table. people want to be respectful about the experience of the families and the president is saying let's do what we can agree with and why can't we agree with the fact, when we drop off kids at school and teachers go to school, they can't expect to be safe in those environments. people should be able to get that done. >> matt schlapp, congratulations on a very successful event.

>> thanks, charles. >> let's go back to secretary mnuchin. he's taking questions now. >> russia and china have traded with them and working actively with both of those. >> what indicators will you use to measure whether or not the sanctions are successful? >> we have both classified and unclassified indicators that we monitor as to the success, and i will tell you we believe that the economic sanctions are beginning to have a significant impact on their ability to fund their programs. >> would you let us know about the unclassified indicators that you use? >> again, in this setting, i'm not prepared to go through the difference in classified and unclassified, but we'll follow up. >> two questions for follow-up on why not black list russian ships? >> we're prepared to black list russian ships to the extent there are russian ships. let me be clear, whether they're russian or chinese ships, we don't care whose ships they are, if we have

intelligence people are doing things, we will put sanctions on them and go forward with that. >> and the second question on timing here. specifically today the time when the olympics closing ceremonies are happening on the korean peninsula, the president's daughter and senior adviser arrived in south korea. is that times more than a coincidence or trying send a coordinated message by sending the sanctions out today? >> ivanka trump has been briefed on this. she's part of the team. she had a dinner with president moon and discussion and advance about this occurring, this has been an interagency process. as i said earlier, when the vice president went over there, he announced these sanctions were not ready at the time. had they been ready to release, we would have done them earlier and there is extensive process, and enormous amount of work that's done with the intel community on an interagency bases to get where we are today. in the back. yes?

reporter: how -- on the sanctions, in other words, what shows if it doesn't work? what is the next step? >> i don't think we're going to make comments on what our options are or aren't in the future. we will continue to roll out new sanctions. since i've been here, this has been an evolving process, and although we don't comment on future sanctions we have a large team, the largest ever dedicated at treasury to focus on north korea illicit activities, and as there are more actions that need to be sanctioned, we will do that in the future. >> treasury secretary steven mnuchin. we're up to 450 sanctions with respect to north korea. taking a lot of questions how we monitor the success of them. we use classified and nonclassified indicators and they can see that. they're being very successful thus far in putting serious economic pressure on north korea.

joining us now central aluminum ceo mike less. president trump talked about the importance of trade, in fact. he said the era of economic surround ser over. one of the central areas he's focused on with respect to the bad trade deals is the dumping of aluminum and steel nations like china. last time he talked about this, shares of steel and aluminum went through the roof? >> the world's toughest act to follow. we couldn't have said it better ourselves. the day you are referring to last friday, the commerce secretary talked about the report sent to the president a couple weeks ago. the president found exactly what we've been talking about here. not about free trade or unfree trade, it's about the cheating and martha, buses in countries like the persian gulf and russia where enormous amount of aluminum is owned by the state. they subsidize aluminum industry and excess ends up

right here on the shores and decimated this industry. that's what we're trying to do to get the industry back on its feet. >> yet in that room, president trump took enormous amount of pushback from republicans, took pushback from elected officials in states where you would think we would want to bring back the factory and manufacturing jobs. what's the deal with the elected official, senators and congressman, who don't see what you just said? . >> that's a great question. i can't answer it. some of the arguments that you hear here are that it might have impact on prices downstream, right? if we put a tariff, 7.7% tariff that's one of the tariffs the secretary recommended. we might see impact downstream. when aluminum crashed 40%, the price of your beer can or car or airplane didn't go down. let me give you example. if the tariff was translated into the final price of the motor car, you would be talking

about $35 increase in $35,000 car. penny in a six pack of beer. a lot of the elected officials hear that. some of the hysteria it's going to raise prices and react to it. >> so again, if this is knowledge and obviously have a staff -- >> can't comment on the policy, charles, wish i could. >> the lack of political will that is seeing manufacturing jobs go from 19 million to 12 million. >> here's why we're enthused and talk to investors yesterday. here's why we're ready to bring back 350, mostly u.s. steelworker jobs in kentucky at a plant that is the only producer of the high-purity level. the reason we are enthused, got a leader of administration that is willing to do something about this. he sees the facts, he's going to do it. >> two smelt zers in kentucky, you brought up the d.o.d. the tariff act of 1930 section that allows for action by

executive branch based on the military threat or the defense capabilities of our nation. is that a legitimate option for president trump in your mind? >> i don't know, this is under 232, it's much broader. national interest and the national security is broadly defined that includes d.o.d. but says in the report do we want our electrical grid to be dependent on 100% foreign imports. right now at 90 pvms the industry has gone from 66 to 90%. do we want electrical grid? clearly the d.o.d., it's much broader than the older act that you referred. >> tariffs, wilbur ross had much bigger numbers for china. >> he did indeed. >> they're not in the top ten, why not penalize the countries that we have friendlier trade deals with? china isn't in the top ten on primary aluminum. they export semi finished products that end up in the country anyway. only reason the primary isn't coming out of there is because of the taxation regime. any of the alternatives

proposed work or alternative that accomplishes the same objective. the objective is to make this industry competitive. that's all we need and bring the folks back. >> mike, thank you very much. appreciate it. >> take care. >> i want to switch gears and talk with retired police lieutenant randy sutton. president trump addressed the gun issue today and going to continue the conversation here in the aftermath of that florida massacre. what do you make of what you heard today? >> well, i liked what i heard today, and i couldn't agree with him more about the concept of arming certain teachers in schools. but i want to switch gears for one second, and, you know, with the debacle in broward and the information now coming to light that the school resource deputy of broward county assigned to the school, instead of entering the school, took refuge and did not do anything to save the

lives of those children. this is a dark day for law enforcement, and i have received literally hundreds of responses from law enforcement officers around the country, and on behalf of the american police community, i'm ashamed of what happened. i believe that it was not only a personal issue that that deputy had with the fact that he did not go in and take the action that he should have, but i also believe it was a sincere leadership issue with the broward sheriff. i believe that his policies have mirrored the 21st century policing concept of the guardian mentality as opposed to the warrior spirit, and this is what we need to save our children. >> on that note, though, sheriff israel said that scott -- former officer scott peterson should have gone into the building. >> yes.

>> we know that broward county sheriff's department has a lot to answer for, no doubt about that. talk about quickly, then, the mistakes and maybe a certain mentality that's going on out there that's putting everyone's lives in jeopardy, not just law enforcement but the people you are supposed to take care of? >> it is, it is, it absolutely is. i've been preaching this for years under the obama administration with the softer policing mentality. liberal police leaders and government leaders decided they don't want the warrior spirit, that they want a kinder, gentler. when it comes down to it, facing this situation where, there is an armed gunman in a school, you want a warrior. you want someone willing to risk their lives in the line of duty, and that's what 99.9% of. what took place in broward is shameful. i can tell you this, the law enforcement officers contacted me, there have been hundreds and hundreds of them hang their

heads in shame. know they wish they had been in that position and they would have gone in and done everything to save those children. charles: athletic teacher, gym coach. 15-year-old rotc student leaped into action. now the debate whether or not certain teachers who have the ability and the training perhaps, should conceal weapons, should carry concealed weapons. what is your thought on that? >> i am a complete believer in that. on my show, blue eyes radio, i had very spirited discussion with a law enforcement expert in school security. after examining all of the various suggestions we both came up with the same solution the president did. there are armed, there are people who are tactically trainable, who are in teacher positions or administrative positions in these schools. those are the people that should

be given access to arms in order to -- charles: we have to wrap it here. we're running out of time. thank you very much for your candid response to these questions. neil, take it away. neil: charles, thank you very much. thank you for sitting in for me yesterday. you didn't have a busy day enough, but thank you again. we are following up on the president's marks. two signature moments for me, folk, the president joking about his hair. that was tour de force moment. we rarely see himself so self-deprecating that can pay him dividend down the road. i did want to focus on the president talking about the market craziness in a very different way you can thing. the president commenting on some of the gyrations lately in the market. take a look. >> the stock market, with all of the ups and downs, since election day is up