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tv   After the Bell  FOX Business  February 26, 2018 4:00pm-5:00pm EST

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stock market. liz: well thank you mary ann great to hear from you and we'll put mary ann's picks for buffet up on the facebook.com/liz claman page. look at this we look to close up 398 points for the dow, the nasdac is now positive for the month of february that will do-it-for-me now to after the bell. david: we will take it on a monday or any day for that matter with fears fading on wall street a strong start for the week the dow ending the day up by nearly 400 points. very nice rally 1.5% plus s&p and nasdac especially the nasdac also firmly in the green good to see you good to be in i'm connell mcshane filling in for david asman. and glad you could joan us i'm melissa francis but first here is what else is happening during this hour ahead searching for solutions president trump gathering the nation's governors think white house today asking for their help to keep our schools safe.
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the message from our state's leaders to the commander-in-chief and congress is back in session lawmakers returning to d.c. today, under pressure to add even more items to its growing list of priorit ies, so how will it all impact the trump agenda? plus the nation's highest court divided over a case that could deal a major blow to unions why president trump's supreme court pick is pivotal to the decision among our guests in this hour, florida congressman brian math, dan henniger from the wall street journal, the texas attorney general, peter brook former deputy assistant secretary of defense. >> let's get to it we start with the markets and rally with the dow closing the day up by just about 400 points a little bit off the session highs, but quite a start to the week, nicole petallides has been covering it throughout the day from the floor of the new york stock exchange. tell us about it, nicole. nicole: connell looking pretty great you saw 29 of the 30 dow
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components in the green with only coca cola in the red even ge gained by the end of the day up about 400 points tacking on to friday's gains last week was a bumpy week but friday was a winning day up 350 and today we're up nearly 400 points the momentum continues and the worries about rising interest rates seems to have dissipated at least for now that being said we're taking a look at the nasdac which has had a winning month and now is in the green for the month of february, unlike the dow and the s&p and in fact its now turned positive with this news today up 1.1%. now ge which did hit a seven and a half year low concerns about restatement of their earnings over the last couple of years also an sec probe weighed on the company for the time pushed it to a new low below $14 but at the end of the day glad to see it at 14.65 down about 52% over the last 52 weeks and then we watch some of those tech names, amazon in particular which moves to yet another record close up almost $22, hit a new all-time
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high makes it five record closes in a row and we saw netflix hit a new high and google gained so a great day for tech but it was a rally across-the-board and we'll wait to hear what the new fed has to say. >> it's a big one tomorrow morning let's bring our market tan ellyn to talk about this liz peek from the fiscal types and so is adam lashinsky from fortunes also fox news contributor. liz, to you first. we started the show by seeing fears were fading on wall street those we'res presumably would be about things like fridayer interest rates are we suddenly not concerned about that now? >> oh, i think we're very concerned about it but jay powell the new fed chair is going to be speaking tomorrow to congress and every indication is that he's not going to really rock the boat and i think that's very important whether he comes across as looking for three or four interest rate hikes this year, basically what we know is that jay powell has no reason to push a more aggressive stance right now and i think that's very comforting to market watch ers that's what everyone is
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looking at. >> there are also reports adam over the weekend that maybe the federal reserve is comfortable with a little more inflation than they traditionally would be , 2.5% rather than 2% your thoughts on that and whether we hear about it from jay powell tomorrow? >> well i think that the market is moody and sometimes decides that the fed has a great impact on these things and other times decides that it doesn't matter what he thinks about what inflation should be. the fed can only do so much, so today the market was in a very good mood and thinking that inflation is less of a concern. maybe tomorrow it will decide no matter what he says that it's more of a concern. >> let me stick with you adam for technology stocks and nicole covered this industry for many years any concern from people you talk to just from an investment side there's just too much money going in to the amazons of the world. it's new high every single day and that's the fifth in a row for amazon and it's not just amazon of course. >> i mean if you evaluated these
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businesses am, facebook, google, microsoft on the merits of their businesses you'd say they can pick all the money the markets can give them because their businesses literally are taking over everybody else's business and we understand it's best with amazon. i would say the biggest concerns with these businesses is not from the business perspective but from the regulatory perspective that they're so big and powerful that something something is going to take them down a peg or four. >> sometimes, it make these market days look even better than they are right with so many these individual stocks doing better maybe than an overall market is doing but today was a good day no matter how you slice it. >> [laughter] absolutely yeah they've been the market leaders and many months actually they've accounted for the bulk of the market gains but that's because people are looking for growth. this is a growth-seeking market and that's why the interest or the earnings reports in the first quarter are incredibly important, over 78% of the companies have beaten their
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estimates that's incredibly encouraging to investors so as long as that's going on i think all these other concerns kind of fade away. melissa: out of touch with what american people want senator bernie sanders railing against those tax cuts despite many americans seeing more money in their paychecks he told a crowd in michigan "tax breaks for the rich raise the deficit" and then you go to the american people and say oh, my god the deficit is going up we've got to cut social security medicare medicaid, education nutrition is what their agenda is. liz? do you think he swayed a lot of people into thinking the money in their hand was a bad thing? >> i mean it's pretty impressive that the democrats have convinced most americans that the tax cuts and jobs act which is what it's called will neither cut their taxes nor produce jobs when the evidence is totally to the contrary. i think this really is an extraordinary push to campaign for a repeal of tax cuts. i'm not sure that's ever happened before. i think it's a terrible idea and
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basically what we've seen from polling, real polling on the tax bill is people like it more the more they know about it and that's going to continue to go on. melissa: adam i don't know how successful it is to try and link the right to one and to cut entitlements because that's always been their position. so we're going to say now that it's kind of this new thing oh, my gosh when your entitlements want to be cut now you know whose behind it that's not revolutionary. no, but so two thoughts. one, it's good tactics right? he's clearly defining his position, his party's position it's better than being mushy about it if we're going to analyze it and secondly he may well be right because the poll ing data says people like this now because they like the extra money in their pocket now doesn't mean that bernie sanders will be wrong x years from now. what that x is i have no idea whether or not it's good tactics or strategy politically. >> they have nothing else that's the problem and chuck schumer
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talked about that they need an economic plan just railing against the gop plan is not enough. melissa: all right guys thank you. connell? >> let's move to the white house now sarah huckabee sanders wrap ping up a press briefing a short time ago. earlier today president trump had quite a meeting with governors from across the country on the topic of school safety. we watched the playback for over an hour. our own blake burman on the north lawn with the wrap up of another busy day. >> hi connell it was a pretty big revelation as well from president trump who acknowledged earlier that over the weekend here at the white house he had lunch with the leadership of the national rifle association that lunch taking place on sunday with wayne lapierre and chris cox. today earlier this morning the president had a meeting more than an hour or so with 38 of the nation's governors republicans and democrats alike inside that room and the president said at times they should pushback against the nra but he also said they have nothing to fear.
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president trump: don't worry about the nra they're on our side. half of you are so afraid of the nra. there's nothing to be afraid of and do you know what? if they're not with you we have to fight them every once in a while. that's okay. reporter: you'll remember the president had been pretty vocal after the stoneman douglas shooting that the age for gun ownership should be raised to 21 years old however at his last two public speaking events on friday at cpac in front of conservative grassroots activists and leaders and then again today on camera here with the governors the president did not mention an age restriction at all. the white house insists the president is not dialing down his position. >> to those who would say well he had lunch with the nra over the weekend, did the nra get a hold of him? >> i don't think it's at all a downgrade. i think we're talking specifically about implementation and what this process would look like, what specific pieces of legislation might look like, and we haven't seen those yet, so it would be premature for us to weigh in but as i said the president is still
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supportive of the concept. reporter: earlier today the top democrat in the senate chuck schumer called for universal background checks aimed at closing the gun show and interstate sales loopholes schumer saying if all congress does in response to the parkland shooting is to pass the fix nix bill which is a background check bill it would be a failure and dare elick of our duty and during the press briefing sarah sanders would not go as far just yet to say that the white house supports universal background checks. >> blake thanks at the white house. melissa? melissa: the next guess is calling for a ban on assault rifles he's a republican congressman from florida and also an army veteran and also the author of a very compelling op in the new york times and said i'm a republican and appreciate assault rifle and support a ban and you go on to say i nearly gave my own life because i wanted to save lives i lost both my legs a finger when
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a roadside bomb detonated beneath me and i have known hero s i can count on who died defending others in spite all of of this or maybe because of it you support the ban tell us the about it. >> well look i can tell everybody with a clear conscious that the one thing i've never regretted was when i had the chance to save a life and it didn't matter what happened to me that's always the truth of it and nobody is going to regret the actions they take. if they're going to save the lives of the churn in their school people in their community , and i look at the weapon that i carried very similar to an ar-15, i carried an m-4 usually about 10 magazine s of 20 rounds a piece stacked with 20 rounds of 5.56- millimeter amunition, 14.5- inch barrel and i mean it was a great weapon but the best weapon the military could put in my hands in the most dangerous country on earth to go out there and eliminate our enemies that's why they did it.
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it's probably not best to have unnetterred access for all civilians across our country. melissa: so people on the other side make the point that it's not the same weapon and that, you know, it's being used for recreational use whether it's for hunting or, you know, rifle and they have a right to have it what do you say to them? >> look, we have the second amendment which is a right to go out there and keep and bear arms i'm a big conceal carry person. i normally carry a 9-millimeter i've fired tens of thousands of rounds through my m-4 and through ar platforms it is a platform that i like to go out there and fire but we also accept that that second amendment doesn't mean every single arm. we put limits on that already that limit right now is automatic weapons. we're not going to go out there and brandish a 50 caliber fully automatic cruise serve machine gun. it's not something that we can go out there and purchase so it's fair to say let's look at why we have those limits right
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now and let's look if those limits need to be adjusted and that's a fair conversation and the nra should be apart of that as well. melissa: you also say that background checks have to be a lot more stringent. >> well there's no question about that. i challenge everybody and i've heard this from the left from the right from independence. you find me one person out there that's right now they're confident in saying nikolas cruz or the next nikolas cruz is going to be weeded out by the fbi or that the next omar mateen is going to be weeded out by one of the state agencies or that we're going to be able to weed out the next, you know, person that did that shooting in las vegas, stephen paddock. i can't think of it. melissa: we got you. >> we don't have confidence in that system right now and that's what we have to be able to have. melissa: did you hear the president say really guys you don't have to worry about the nra. sometimes we have to fight them but they're on the side of this do you believe him when he says
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that? >> yes. absolutely i believe him and i want to see the president take action. i want to see him be a leader on this. he cares about protecting our country and protecting our community. i fully believe that. i fully believe that that was what the travel ban was all about. it's about assessing who has access and what they have access to when it comes to our country and i've called to say, you know , mr. president, let's try to apply that same logic to this situation. let's have a pause and let's see who has access and let's see what they have access to and let's see what the fbi and state agencies are doing right and doing wrong and then let's come back with those common sense solutions but if nobody has confidence in that system right now then it shouldn't make sense to continue selling those platforms right now when nobody can guarantee the next nikolas cruz isn't out there bying one. melissa: congressman brian mast we appreciate your perspective today. thank you. >> thank you. >> someone with quite a perspective indeed. a troubling forecast for the
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central u.s. we have the new storm system threatening to bring additional rain to areas already struggling to recover, after series of violent thunderstorms and tornadoes the latest straight ahead on where the storm is expected to strike. melissa: plus north korea willing to talk with washington but the white house wants to see how serious the rogue regime really is good luck with that. >> and to find the white house how the mayor of one u.s. city sent a warning to illegal ma'ams immigrants, next up is ken paxton the texas attorney general so sound off about that. we had long deployments in iraq. i'm really grateful that usaa was able to take care of my family while i was overseas serving. it was my very first car accident. we were hit from behind. i called usaa and the first thing they asked was 'are you ok?' they always thank you for your service, which is nice because as a spouse you serve too.
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issuing a warning federal officials could soon be conduct ing a raid in the city, fox business hillary vaughn is in los angeles with the latest. was the warning even accurate, hillary? reporter: well there were 11 arrests over the weekend but not a major raid that the mayor alluded to but she did trigger panic among residents in the bay area following her warning to illegal immigrants that an ice raid was looming and they reported a flood of calls to their hot lines and she has multiple sources that told her about these raids but ice spokes man says there's no secret they conduct enforcement operations on a daily basis the mayor using her podium of public office to offer tips to residents trying to dodge the agency, her advice? don't open the door. >> residents should know that they do not have an obligation to open their door if an ice official knocks. additionally, employers need to be aware of new laws that took
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effect just this year that limit their ability to assist ice with actions regarding employees unless they have a signed warrant from a judge, not from an ice agency. reporter: accusing ice of threatening raids as a tactic to create fear, but ice says these sanctuary city policies actually put everyone in more danger and ultimately lead to more arrests saying in a statement, "ice does not conduct sweeps or raids that target aliens while the vast majority of cities in america do cooperate with ice others force ice to assign additional resources to conduct at large arrests in the community putting officers the general public and the aliens at greater risk and increasing the incidents of collateral arrest." now, they made a point to say illegal immigrants she thinks commit fewer crimes than actual
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american citizens saying it's her duty to protect her community melissa? melissa: interesting logic thank you hillary vaughn. >> ken paxton joins us the state attorney general in the state of texas good to see you sir. thank you. i know your politics would be different than the mayor of oakland but your relationship between state officials or the federal government would be similar what's your reaction to something like this happening? >> well certainly she has a right to free speech to say what she wants to say but the reality is she should not be surprised if she ends up losing federal funds for certain grant programs for her city and i think she's only doing harm to her own people. >> now she's not breaking a law is that right to your point where she has a right to say what she has to say. how far can you go in this situation? >> so it's different in every state. in my state she would have some issues she might lose funding from the state, she might be subject to fines, in california obviously the law is much more lenient but she is at risk of
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losing federal funds for certain programs that might help her city. >> is that the right remedy in your view just in your way of looking at this and in other words what should the relationship be on a case like this between a state official state or local official and federal government? >> well i don't have a problem with there being consequences certainly the loss of federal funding it's up to congress to decide if they want to impose other penalties as texas did which you can actually be removed from office you're actually subject to actually charges and being subject to misdemeanor so it's much more significant in texas. obviously the federal government could do the same thing if they wanted to. >> all right the president made headlines, you know in a similar subject last thursday he threatened speaking of california, to remove ice agents from the state. he was angry at the time and says boy if they don't, if things aren't going well, i'll just take these agents out of there i'm really thinking about that. your view o on that is that the
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right way to go? >> i'd might do exactly what they they're doing and that's what the mayor is forcing more agents to be put there and i don't think it would be a good signal to say that we're actually going to pull people out. >> his point was like well let's see how you do without them and then you'll come back begging for support because things will go so poorly there will be so many crimes committed or whatever the case maybe right? >> in texas we do keep track of the crimes and we have a significant number of crimes from illegals we documented so you're right ultimately they would suffer the same consequences. let me ask you a broader immigration question, where do you think we are on all of this the supreme court not taking the daca appeal is interesting it makes this march 5 deadline pretty much irrelevant we'll go on for some time without any deal on immigration or daca or border wall or any other priority aren't we? >> that's right although ultimately you might see ultimately the supreme court take it once it's right for
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being basically hurt on the merits. >> okay so then maybe not march 5 but you're optimistic something could be worked ottawas the federal government operates on deadlines. >> absolutely because if you have different circuits having different opinions ultimately the supreme court has to make a decision and at this point it doesn't seem like you've got congress acting on this at all. >> or anything else ken paxton good to see you thank you sir. thank you have a good day. melissa: a labor battle reaches the supreme court where a man argues he shouldn't have to pay dues if he isn't a union member. we're going to tell you where the trial stands after the first day of arguments plus why some students in west virginia don't have to go to school for a third day in a row did you hear about that? we're going to give you a hint it has nothing to do with the weather. last years' ad campaign was a success for choicehotels.com badda book. badda boom. this year, we're taking it up a notch.
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melissa: a labor battle brewing
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in the supreme court may turn out to be the biggest one of the year and possibly the century. it all started with a man from illinois who says he was unconstitutionally forced to pay union dues, even though he wasn't part of the union. protesters were storming outside the supreme court for the hearing adam shapiro is live from the supreme court with more adam? adam: and this could have an impact on millions of people who work for state and cities and municipal municipalities especially if their place of employment is governed by a collective bargaining agreement which is negotiated by a public sector union so we're talking about mark janice who worked for the state of illinois. he is not a member of the employee's union but he does benefit from the contract that it negotiated as the collective bargaining agreement they are the unit that negotiates, so the law has already said since 1977 that although he doesn't have to pay dues he's not a member of
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the union. he does have to pay what they refer to as agency fees or free rider fees, a portion essentially of the dues. in his case it was 78% of what would be the dues for a member. so mr. janice took this to court and he says it's a violation of his free speech right because so much union money is used for political causes so here is what mr. janice said after the hearing on the steps of the supreme court and he followed up by a lawyer representing the union. >> the fundamental issue is my right to choice, the fundamental issue is that with my very first paycheck i had a fee come out of my paycheck and i had to pay the fee. nobody asked me. i wasn't given the opportunity to say yes. >> it's an economic fact if you have less money and you have people that are free riding then it's harder for you to do your job. adam: now that man you heard after mr. janice was david fredrick a lawyer who says if you stop requiring these non-
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members of the union to pay this free, then the union itself can't conduct a business that the union does such as grievance resolution and negotiating contracts, but the argument that mr. janice and lawyers are making is that look a lot of this money is being used for political purposes. nancy pelosi minority leader in the house issued a statement after the hearing that said the supreme court must once again affirm the right of working men and women to join together to build a future of opportunity and prosperity for themselves their families and all americans this very same issue came before the court back in 2016 but it was a 4-4 decision so the key vote is neil gorsuch and he didn't ask one question he just listened so the betting money is that this is going to be overturned that gorsuch will side with the other four justices and the union will lose but until it's official we won't know and we expect to know in june back to you. melissa: all for the free market they should make it so appealing to be apart of the union you
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should join or forget about it there you go. you can't be forced adam shapiro thank you. interesting to see gorsuch going all clarence thomas on us just listening no questions. now two memos as we continue congress back to work as the democrats over the weekend came out with their rebuttal to the gop memo so key differences between the two we'll talk about it with dan henniger, wall street journal will break the whole thing down in just a moment. whoooo.
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melissa: breaking news right now r former president george w. bush you can see him right there and former first lady laura bush are paying their respects to the late reverend billy graham in charlotte, north carolina. the public farewell to america's pastor continues in charlotte tomorrow. graham's body will then lie in honor at the u.s. capitol on wednesday and thursday before returning to north carolina for the funeral on friday which will be attended by president trump. >> president bush so personally close to reverend grandmas he talked about recently and wrote about in the wall street journal and lawmakers back in washington back to business in the new week with the deputies and republican s clashing over their respective memos. the democrats over the weekend released what was their rebuttal to the gop memo that made the case there was improper surveillance conducted by the fbi and doj, so, with that as your setup mike emmanuel live on capitol hill this afternoon what
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can you tell us, mike? >> connell good afternoon today the house majority leader blasted the democrats response memo. >> if you look at the memo even what the democrats wrote they had four times to tell the fisa court which is very unique that this was paid for by the democrats. what they did they put in a footnote so people couldn't see it. >> the chairman of house intelligence and republican chairman devon nunes insists his side was fine with the release of the democrats memo. >> the republicans wanted this out because we believe it proves everything that we said in our memo to be true. we talked specifically about fisa abuse and they are actually saying that it's okay for one party to essentially get dirt, use it to spy on another party and that just is not good. it's never going to be okay in america. >> senate democratic leader chuck schumer blasted chairman nunes saying "the democratic memo makes clear the chairman nunes cherry picked and distorted information from
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sensitive intelligence to so discordant nations premier law enforcement agency the fbi and a key democrat on house intelligence defended his sides work." >> it says that the individual who did this work was acting in a way that was designed to find dirt the exact words but designed to find dirt on drum was being paid so why didn't the fbi in the fisa application name clinton dnc and fusion gps. it has always been policy of the doj and the fbi when you were doing these things if there is an individual an american individual who is not under scrutiny to refer to them as u.s. person 1, u.s. person 2. >> what is striking is how divided the typically bipartisan house intelligence panel has gotten. it is not entirely clear what it will take to get both sides working together again. connell? >> yeah, boy really is striking, mike thanks mike emmanuel on capitol hill. melissa: here now is dan henninger the wall street journal editorial page deputy editor so for people at home
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that aren't as wrapped up in memo mania as everyone else, what was interesting to me was to kind of try and break down what was different about these memos and what was striking was what was actually the same. for example, the democrats did not dispute that the steele dossier was the fbi's only source of the initial fisa application on mr. page. the only single source. >> melissa let's elaborate on somebody you just named. mr. page. i mean, most people probably don't quite realize this entire thing between the two memos is built around the fbi wanting to investigate one person named carter page, right? melissa: right. and carter page was a very low level -- melissa: volunteer. >> inside the trump organization and it's looking as though the trump russian collusion, the story on which millions of words have been written since last january ultimately turns on
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carter page and the democrats have made it sound as though mr. page is like a master spy or the rosetta stone to the story but the issue here is whether the fbi was in fact just using the steele dossier as its primary reason to investigate mr. page. and devon nunes to his credit is saying look that should not be sufficient evidence whether it's carter page or you or me or any other american system to conduct fbi surveillance. melissa: absolutely and they talk about so then you've also heard from the democrats but then we said in the application that this, that we did disclose where this came from and then you see the actual words and they said the fbi speculates that identified u.s. person was likely looking for information that could be used to discredit candidate 1's campaign. speculates, they likely could, persons? this is candidate 2 was paying for information on candidate 1
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but the language that they used did even more for who paid for all of this. >> they didn't identify a law firm but they go through this entire paragraph. melissa: and it's a footnote. when in fact it was the democratic national committee and hillary clinton campaign that was paying in turn which was fusion gps paying steele to collect this information in russia on the trump campaign. if we reversal that, if the trump campaign had been doing all that to employ steele to collect its information in russia on hillary clinton, can you imagine theyed be building bon fires of protest on the streets of washington but that is essentially what the democrat s and hillary clinton were doing where the democrats are attempting defend. melissa: i hate to say it but it also does look like the fbi lied they said that mr. steele was repeatedly used as a reliable and credible source when in fact
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they fired him for lying they said he wasn't the source of the yahoo article and he was. >> yeah, that does look like a lie and that one is very difficult to defend especially since ultimately they fired christopher steele for doing it and were no longer using him and this part i just can't understand melissa is why the fbi kept going back to the fisa court after the election several times still using the discredit ed steele dossier, and now the republicans and fbi to this day are defending all of this and it's a little difficult to see what exactly is their defense because the democrats are, and again it's like they're trying to just deflect attention from the fact that this all came back to one person, one dossier, nothing has come of it where are we going to go with this story and it looks like it's really going nowhere. melissa: the bottom line is not that we don't want to know who colluded with russia. you can't have a secret cord whose rubber stamping, wiretapping americans. >> well yeah that's a serious
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issue and that's why i think that ultimately and i know the fisa court and the fbi will resist this but ultimately they're going to have to produce the full application. what all went in not just rely on these two memos so let's see that application with all of the sensitive material redacted so we know exactly what the basis was for this and can come to a political judgment about it. otherwise it will never end. melissa: dan henninger always fantastic thank you. >> good to be with you. >> let's get to the story involving the public schools in west virginia. closed today third day in a row this politico very been closed 20,000 teachers are on strike demanding higher wages and better benefits and the educator s in the state of west virginia are 48th in the country in terms of being lowest paid the average annual salary for a teacher there is around $45,000 that is nearly 13,000 below the national average. in terms of what teachers get paid more than a quarter of a million students impacted by the walk-out the strike melissa expected to continue in west virginia into tomorrow.
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melissa: have to makeup those days at the end of the year. staying in power indefinitely why china's president is receiving some very harsh criticism for controversial move that could alter the communist nation forever. >> plus absolutely devastating storms destroying parts of the united states could be getting even worse we have live, a live update from our weather center coming up after this quick break hello. - hi. how's it going? - alright, how ya doing? - welcome! so, this is the all-new chevy traverse. what do ya think? this looks better than 99% of the suvs out there. it's very modern... sleek. maybe the most impressive part of the all-new traverse... is what's on the inside. surprise! what are you doing here? i've missed you guys. i haven't seen you guys in so long! what's happening? we flew her out. it's a family car, we had to put your family in it! yeah, it gets 7 thumbs up!
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i'm not really a, i thought wall street guy.ns. what's the hesitation?
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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 melissa: vicious storms turning deadly as they hammer parts of the central u.s. and the south on the left you see the piles of destruction left behind after a tornado tore through northern tennessee and on the right the rising ohio river is leaving parts of kentucky and indiana under water after very heavy rainfall look at that. more rain is on the way though, fox news meteorologist is live from the weather center with more. what's coming adam? >> hey melissa its been
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incredibly soggy the last week these are rainfall totals in the last seven days some of the areas getting up to eight to 10 inches but everything in the red talking about six inches of rain not uncommon the entire month of february to get closer to five or six inches so that's why you're talking about soggy ground, standing water on top of additional rain will be a problem here st. line of showers we've been paying attention to for the last of 48 hours getting on the back side of it so we're briefly drying off unfortunately not drying off long enough to give us a chance to see these rivers really begin to lower. still we're looking at flood watches and advisories stretching back into portions of the lower mississippi valley and stretching back towards texas portions of northern louisiana because there is another round of rain that will be moving through. here is your future radar rain i was just talking about but looking at a lot of moisture lifting off the gulf of mexico. this is taking you from tuesday now into wednesday, and once again all areas i was just showing you where the grounds saturated looking at another round of very heavy rain
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stretching into this week region how much more rain again with ground already saturated it's not going to take a lot but plenty of spots indicating getting up to another four, five , six inches of rain that means more flooding is on the way not just about the flooding that's the most widespread but on wednesday another thing we'll be paying attention to is at least a threat for severe weather that again is stretching back into portions of louisiana and again right through the mississippi valley, perhaps a couple of isolated tornadoes with this one coming in the middle of the week we'll be watching the next couple days melissa. melissa: all right adam thank you. >> completely shifting gears to north korea as we may be getting some sort of a move towards north korea signaling it's ready to talk but is the question is the u.s. willing to hold negotiations with the rogue regime? we have that next. running a small business is demanding. and that's why small business owners need more. like internet that's up to the challenge.
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>> so as we were saying we maybe on the verge of talks south korea's president urging the united states and north korea to ease any demands prior to possible negotiations. this as the rogue regime is signaling it's open to dialogue with the u.s. president trump however maintaining a tough yet open stance towards any possible discussions. listen. president trump: we want to talk also only under the right conditions otherwise we're not talking. they want to talk, the first time they want to talk and we'll see what happens. that's my attitude we'll see what happens, but something has to be done. >> here with us now is peter bro ck, senior fellow at heritage former deputy assistant secretary of defense as well so that is an open stance as peter certainly from the president the old saying used to be there's no harm in talking is that true in this case?
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>> well i think there has to be some conditions before we sit down with the north koreans and people behind the scenes are talking about that, one of the key points for the united states is the issue of denuclearization of the korean peninsula in other words i'm not sure really makes a lot of sense for us to sit down with the north koreans who will use it for propaganda purposes to elevate themselves internationally if they're not willing to talk about their nuclear program so if they are willing to do that then there maybe room for us to sit down and talk to them get a sense of their mind on things and perhaps move forward. >> i don't see a scenario where they would be willing to do that everything i've read and every story i've done is that kim john boehner learned a lesson from libya and others to say listen you start giving up your nukes and next thing you give up your power and life and that's how he views the world. >> right that's the concern you
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mentioned they may go as far as talking about ukraine having to give up their nuclear weapons at the end of the cold war and sent them back to the russian federation in a situation they have with eastern ukraine today so there's a lot of skepticism as they're willing to do it but we need to lay that out and the administration has done the right thing and said you've got to be willing to talk about it and now north korea as a state said that it has agreed to de nuclearizing the korean peninsula back to 1992 so it's something should be willing to talk about but there should be some condition for our willingness to talk with them. while you're here can i talk to you about china for a moment it's interesting getting a lot of attention with the leader of china of course and suddenly now , the chinese are proposing doing away with the two-term presidential limit so that the man you're looking at on the screen could, well, be there forever. well what do you make of that?
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>> well i think there's concerns about it. i mean he's only been in office since 2012 so you'd expect he would get a second five-year term that's pretty normal in chinese politics the second would get a second five year term so you've got another five years at least but the fact is they're talking about changing the constitution to allow him to stay in power as long as he likes, and what i'm really worried about is this liberal turn. i mean i wouldn't say china is a democracy by any stretch of the imagination but there's a liberal turn in international politics like in russia where strong men are becoming more popular more common. we're talking about 17% of the world's population here in china and they do have the right to choose their government which they don't at this point so there are some concerns and she has been a competitor of the united states with the problem in the south china sea the east china sea he's a big player on north korea which we had some progress in terms of what they
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very been doing but not terrific progress in dealing with the nuclear program and also their military modernization and some of the things they're doing on the business front that i think work against american business interests and presenting a level playing field for american firms wanting to do business in china. >> one of the things we'll have to watch as we don't have any say in it but it's interesting peter brooks good to see you. >> thank you for having me. melissa: pulling off the un imaginable? the stoneman douglas ice hockey team playing their hardest to honor the lives that were lost in florida.
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finally a decent story. the ice hockey team was ranked last seat in the state but they ended up winning the championship.
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[indiscernible] so passionate so emotional. it's all for them. good for them. when they say they are happy to be alive. that does it for us. here is risk and reward. they will turn the grief into action a week goes by let's keep talking. another week goes by all the sudden everybody is off to the next subject. we have to stop. but we have to take steps to harden our schools so they're they are less vulnerable to attack. to allow school personnel to carry firearms. and at some point you need volume.

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