and video on our website, foxnews.com/propertyman. i'll see you next week. [ woman vocalizing ] i thank you for coming on the show. thanks for being us. here is lou. lou: happy friday. the top stories tonight, wall street crushed. the stock market suffered a second straight day of steep losses as establishment rinos and dems in congress went on a $1.3 trillion spending spree, abandoning all restraint and the federal reserve raising rates with no evidence of inflation. today's losses capping what was the worst week on wall street in more than two years. it was simply put, a bloodbath. president trump hesitate, but

then did sign the spending bill to avoid a government shut gundown. president trump vows never again will he sign such a reckless and undisciplined spending bill written by ryan, mcconnell, schumer and pelosi, ignoring the republican majority all together. joining us, one of the top economists in the country and ed rollins. facebook's feckless ceo will have to do more than mumble un. we'll have a lot more from mr. zuckerberg here tonight. lawmakers of both parties in the house and senate are no longer asking mark zuckerberg to testify. they are ordering him to come to

capitol hill and explain his lack of leadership, integrity, and the disastrous hole is that led to the mess that is now facebook rsh. we take all of that up here tonight. our top story. president trump says the never-ending cycle of budget brinkmanship in the swamp ends today. the president signed the $1.3 trial spending bill to keep the country running the next six months, but not before blasting them for spending on pet projects. and endangers the u.s. military. president trump: there are a lot of things i'm unhappy about in this bill. there are a lot of things we

shouldn't have had in this bill, but we were in a sense forced if we want to build our military, we were forced to have. there are some things we should have in the bill. but i say to congress, i will never sign another bill like this again. nobody read it, it's only hours old. some people don't even know -- $1.3 trillion. the second largest ever. president trump signed one that was larger which i'm sure he wasn't too happy with either. lou: joining us, ed rollins, john lunsky. let me begin if i may with you, john. it was a crushing trillion dollar loss for the week and it's a direct result it seems to

me for the most of part of fiscal policy that has been overturned. >> that's a problem on the interest rate front. that's why we have a long-term bod range. and we don't want to forget about the problems we are having with international trade. worry about a possible trade war with china. >> if one thing these investors should have been certain about, the president told them for two years he was going to put punishing tariffs on china in particular. i mean, most of people don't realize, for example, the united states hasn't run a trade surplus since 1975. we have idiots at the chamber of commerce and the business round table saying it's not a zero sum

game. tell that to the american people. >> one of the reasons for these actions taken against china is because china even gauges in unfair trade practices. lou: they steal our most of advanced innovations, and they do so with front companies. they are carrying out 24/7 espionage with those front companies in the united states. >> many u.s. companies manufacture their goods. high technology, telecommunication device are manufactured in china forum s. companies to sell in the united states. lou: that's one of the biggest problems and one of the problems this president intend to reverse. ed: i applauded that. he threatened a veto today. he should have threatened a veto

sooner. when you put four people in the room and two of them where democrat leaders -- lou: how -- i have got to believe every american who is paying attention is wondering the same thing. how in the hell does a party that has -- the republican party with a majority in the senate, the majority in the house. how the hell do they end up conferring with the two leading democrats and ignoring their entire conference. >> i think ryan's performance was unbelievable panhandle. the fact that you would get in the room the 4 hours before and make these deals -- when pelosi says it's a great robust bill and we blocked trump's priorities, that ought to be the

greatest message to the leadership. lou: when paul ryan says it's a great piece of legislation. edrequire's a half a trillion uncrease in the debt. he's got to get mulvaney in the budget process. we are halfway into a new fiscal year. we are 6 months late in the budget. it has trillion dollar deficits. >> remember that number. we are now back in trillion dollar deficits. and we just added a trillion to the national debt in the last 6 months. >> the chinese hold a trillion dollars of u.s. government debt. but the chinese threatened to sell their holdings -- lou: they reduced their holdings by 10%.

>> if they use that as a trade strategy. the fed can buy the treasuries the chinese want to sell. lou: the $4 trillion the fed put on the balance sheet, they have sitting here raising the rates for the repayment of that debt when they recycle it off the balance sheet. they are also -- we are under no obligation to sell our treasury to the the chinese. that's benefit for them, not for us. we can gin up enough money if per he cute. ed: the next generation is going to pay a heavy price on these deficits. the party that gives them a formula how we will be fiscally responsible will become the

majority party. lou: why don't we send ryan and mcconnell out to universities. ed: we need to convince these young people that there is a plan for them for the future. the debt will take away lots of options for them. whatever tax cuts we made short-term will be offset by other optional things. this is a big warning. i -- it's going to be active all the way through. and mulvaney will have to be active all the way through. >> who is going vote to raise the retirement age and reduce entitlements. >> but i'm saying for the millennials, you can say 25 years from now the retirement

age might be 68 going up to 70, since we do live longer. at least that has been the case. lou: you are living long everything so you should work harder. >> they will not deliver that political message if they want to stay in office. ed: these young people are going to find their parents will be suffering. you have to have some strategic thought processes. >> term the limits. that's basically what you are going to need. >> paul ryan will be able to stay in office for 25 years? years. why do we have to give on-the-job training to every fed

chairman. they get to raise rates and see what happens to an economy in which there is no inflation then we have to watch the dance that follows. >> with the federal reserve, a lot of people who provide information are looking at numbers, statistical analysis. they have no connection with reality whatsoever. look what happens during the housing crisis. >> it's a little bit like politics. who is advising mcconnell and schumer and pelosi? >> there is not a single member in the house and senate that had any clue what was in that bill. that's irresponsible. lou: "60 minutes" is going to break this wide open. i understand they have a whole segment on it it's called "storm

field." high journalists. lawmakers zeroing in on the zuck. demanding answers from facebook over its absolute breach of public trust. deirdre bolton and morgan wright join us next. soon silicon valley and big tech. stay with us. prudential asked these couples: how much money do you think you'll need in retirement? then we found out how many years that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the average length of retirement. we have to think about not when we expect to live to, but when we could live to. let's plan for income that lasts all our years in retirement.

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lou: justice department charged iranian hackers. the indictment charges they were stealing academic interests electric fuel property worth $3 billion. my guess is it's multiples of that. the justice department says all nine hearing are in iran. they are somewhat like russian hearing, they don't seem to be

eextraditable. congress asking zuckerberg to testify on capitol hill. he said he'll testify only if he's the correct person to do so. joining us, cyber-security expert morgan wright and deirdre bolton. he waits five days to open his mouth. then said nothing. doesn't even apologize. he has to do that day two of the non-apology. he and cheryl sand berg who is supposed zooms to be the adult in the room, they are the two biggest losers.

deirdre: does it make you feel better that he lost $10 million? >> not a bit. deirdre: this data breach with cambridge analytica was the second big strike for facebook. the first one being in the runup to our presidential election. more than half of the u.s. voting population saw an ad that was created by or manipulated by russian bots. lou: the only proved collaboration with the russians belongs to facebook and twitter. i think issue number one was the 2012 election in which zuckerberg, san sandberg and facebook got behind the

candidacy of barack obama. they took sides and nobody said a word. deirdre: at this word their credibility as business leaders is being questioned. at this point they need to hire more engineers. they need to hire more humans that will eat into their profit margins. he's going to go to capitol hill. the new york a.g. has started an investigation. there are two class action lawsuits, one from users and one from investors. this is early days. but they have a big problem. lou: what in the world would any company be thinking? i have to say to folks -- i think that we can find several other examples of heinously cowardly management. but right now in this moment facebook is what's terrible. >> one thing i will tell you,

from a pure security standpoint facebook does an excellent job. this is a policy and governance issue. what other policies and how do we enforce that? we have a neophyte organization. it wasn't a neofight during the election. we have a russian country with 100 years influence operations. where was our own government in sharing information so we could prevent this information from going on. they had failed on the privacy. lou: they failed on privacy, they failed on security, they had failed on integrity and basic courage that is required of any great business leader. zuckerberg looks terrible here. there is no way to rationalize rationalize -- it. you guys are far more

experienced than i am. it doesn't matter what you engineer, you can evening near the best anything world in the department of defense they engineered total information awareness. admiral poindexter. we not was the greatest thing. they couldn't solve the privacy issue. the aclu came in and that program was killed off because of privacy. lou: the users' data that is awash on the web as a result of facebook and whether you call them technical, integrity issues, security issues, the reality is those users have information that is being used for purposes never agreed to nor con tell plated. and the fact is, facebook was aware of that. and this business, cambridge

analytica, third party users, who is using what. this is one example of how this template got out of control. deirdre: if you aren't paying for a service, you are the product. lou: so said steve jobs. lou: there are many analogs in business, if you are not paying for the product, you are the product. explain this to us. how in the world can zuckerberg or any one of the facebook folks sit there and say we just couldn't manage this issue. we are such clever innovators and first movers that we just had to adjust to that. they knew they had a problem in 2016 with the russian agents and still didn't move forward. they were attacking conservative groups, censoring conservative groups and continuing to say

they really need, and zuckerberg is dreaming of being president. and they weren't even close to doing the responsible thing. >> build on what deirdre was saying and you were saying. facebook collects 46 different data points about you from everything you rsvp to what you like it was created at stanford it's designed to manipulate people it's done with online game and advertising. the more i know about you i get past demographic into psych graphic information. i can whole scale manipulate people. lou: it's psycho graphic. and there are psycho metrics measuring it and deciding how to measure your influence make.

and they are creating influence. people's friends were being co-optd into the buckets of information by the millions. and their influencing decision making. and there is not even a discussion in this country about it. >> one thing i would just add. the u.s. spent $50.3 million a year on national intelligence program. we have the national security council. where was your own government. it was laid out in 2014 by a reporter in the u.k. lou: you should know this. 16 agencies came together and made a decision about collusion about the trump campaign and the russians and ignored everything that was happening in the electoral process at the dnc for 8 months. >> exactly my point. and we give them $50.3 million

to find the obvious and they didn't. we want to throw it on the back of tech companies, but we have to do a better job as a government defending our information systems. lou: it has to be regulated by the government. this nonsense of the wild frontier in the silicon valley is done as now. would you not agree? >> from a regular story standpoint, it's no different than the way they dealt with cigarettes and it's addictive technology. deirdre: zuckerberg in front of congress answering questions in front of subcommittees, yes, this is a new page. lou: deirdre, only if he's the right person.

lou: be sure to vote in our poll tonight. do you believe rinos and dems in congress are incapable of a fiscal responsible spending bill? stocks selling off for the second straight session. the dow plunging 425 point, the s & p down 5. the nasdaq down 174. for the week, the dow down more than 5%, the s & p down 6% and the nasdaq 6.5% for the week.

bye-bye more than a trillion dollars. those losses, market cap amount to for the week, $1.8 trillion. that's what we call a tough week. a remind tore listen to my -- a reminder to listen to my report three times a day on the salem radio network. president trump: the last time we negotiated something like this -- as you know it's always been a problem for our country -- they get together and create a series of documents nobody has been able to read because it was just done. you tell me who can read that quickly. lou: and who bothers to read after all. lou: a full report to the backlash on the extraordinary

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lou: coming up next, president trump making moves on gun safety. you can bet the national left wing national media won't give him credit for. we'll take up the bump stock ban, the justice department actually doing something, they're moving ahead. and they announced it late this afternoon. we'll take it up with our panel, joining us right after these words. hands go here... feet go here... you know what goes here...

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the justice department taking action, announcing it's begun the process to ban bump stocks. the department of justice now amending federal firearms regulations to clarify bump stocks fall into the technical definition of machine gun. president trump today tweeted this, quote, the obama administration legalized bump stocks. bad idea. as i promise today, the department of justice will issue the rule banning bump stocks with a mandated comment period. we will ban all devices to turn legal weapons into illegal machine guns. good idea. i added the good idea. joining me now, gina louden, political analyst, radio talk show host, dom.

this is pump stocks bump stocks. what was anybody in the obama administration thinking. it's such a silly idea. >> the people on the left never so seem to be interested in what works. they don't want to deal with data, they don't want to deal with research. they want to do something that feels good. they want to ban things that look scary instead of actually worrying about what will save lives. and for me as a person who has relied on data and research my whole life as a psychology professional, i look at what actually works to help people. and that's where we need to start. that's the conversation that we need to have. i'm very glad that our president certainly seems to want to have those conversations as well. >> dom, what do you think? >> well, lou, i think this is another example of the real upside of president trump is making a promise and then following through and checking it off and then doing a good

job, i think, despite the media, at getting the word out that he's doing that, as we're talking about now. and he has done that consistently on issue after issue after issue. and that's why the base recognizes that and is still supportive. >> this idea of bump stocks, i got to tell you, i know a thing or two about guns but i had never heard of a bump stock before las vegas. i mean i really had never heard of it. it makes no sense. it is ridiculous. it has nothing to do, to me, with anything necessary for defense or for sport. it's a nonsensical idea and, as the president points out, it moves the semi-automatic weapons into the category of machine gun with the rate of fire. now let's see how long it takes the idiots to try to take away handguns, rifles and shotguns. because you know, as gina was alluding to, that's going to be

the play. there's no question that the left means to roll back our second amendment rights in this country, period. >> well, right. and that's what the march is going to be about tomorrow, lou. as you know, i'm an educator and i see these kids, the parkland kids, a couple of them are out of criminal. lou: isn't that disgusting? we're tuning in to high school assemblies. >> that's right. lou: the agated wisdom of 18-year-olds. >> who by their own words, lou, so that they shouldn't be able to own guns even though they can go to war but they think that they should be able to make laws. none of this makes any sense at all. and the fact that we are giving such gravitas to people who jush life experience yet, lou, to be experts on much of anything yet. and it's not insulting them to say that. i have children. i respect them. i love them. i think my chirn whirn childrene

brilliant but i'm not putting them in charge of public solcy. >> george clooney is. we can just step aside. we can't get test scores rise in this country yet we're watching two teacher's unions move children into the street to pursue their political aims. it's outrageous what they're doing. >> exactly. as gina says, these are nuance complicated issues and as an educator, there's a couple of these kids that are just rude in the way they proceed here, as if they're bullet proof bsh the-tha is -- lou: let's find another noun next time. >> i caught myself. a couple 06 the children are legitimate, sincere about remembering their colleagues and all of that.

a couple of the others -- lou: exploited. no doubt about it. >> but lou, they're not coverini live. they're not covering the children like my children who go to school close by where this happened and my children don't agree with these students doing this march. and where is the attention on them. they come to me in social media because they do understand our constitution and our bill of rights and the second amendment. and they want to make sure it's protected for their future. but they're not listening to them, lou. they're only listening to the more radical children who have a totally one-way slant. lou: or they happen to have parentings who work with the teacher's yuan yoa union or wha. let's turn to facebook, because speaking of young people whose minds are being dramatically irresponsibly, in my opinion, managed by these psychographic

driven algorithms and propositions on the technology of facebook. and other social media. this has really got to stop, dom. >> it's got to be regulated and it's got to happen now. lou, i would agree. it's not just facebook, it's google, all of these enterprises. the amount of power, this is different. and i think you've made a great point early on about this. this is not just economic power, this is a power to influence or lives somewhat in the deepest levels, particularly with millennials and other that engage in this all day long. lou: and particularly children, gina. >> exactly. >> if you want to use my information, let's make a deal. i am all about the free market, lou. if they want to use my data, how about they pay me for any data. how about i'm a partner in the things that i buy on facebook and other places. there are ways to do this where the disclosure is in place,

people understand what they're giving away and the free market -- lou: but even with that, gina, way in which facebook and other social media particularly are influencing children with their business model, with their content is irresponsible, it has to end now. and if congress doesn't move on this immediately, i can't imagine that they won't. >> you're right. lou: i mean within days. >> there are deeper darker consequences as well. the amount of depression in children, especially because their brains are a little bit less developed, the amount of depression is directly relative to how much time they spend with their face in this screen. that's something nobody is talking about right now. it's a great concern that i'm sure the teacher here knows all about this. it's a great concern. >> lou, what i was going totem , this idea of zuckerberg testifying, we need people in congress that are more fluent with these things.

lou: we need those people too. but i want to see zuckerberg explainexplaining to the americn people and congress and the president what the hell he and his company have been doing and take responsibility instead of doing that unintelligible blabber mumble jumble that he's treated the press to. thank you both for being here. >> thanks, lou lou: up next, rhinos ryan and mcconnell abandons conservatives. well they're doing more than that. they're trying to back the pickup over them and they've sold out to the chamber of commerce and, well, every local u.s. multinational they can find. we take that up. and the national left wing media mocking members of the trump administration over their faith. i take that up with pastor robert jeffers. stay here with us. great, another dead end. sarge, i just got a tip that'll crack this case wide open!

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lou: president trump today declaring he will never again sign a budget bill like the budget busting ominous spending bill. premp withdrew his veto threat and then judgingly signed the bill. he called it a ridiculous situation. mike emanuel with the report.

>> i looked very seriously at the veto. i was thinking about doing the veto. but because of the incredible gains that we've been able to make for the military, that overrode any of our thinking. >> late night last night on the senate floor lawmakers voted 65-32 to approve the package and sent it to president trump for his signature. like the president, many who support it backed it for the additional $60 billion devoted to rebuilding the military. today some democrats blasted the president for being inconsistent. >> we've grown used to complete unpredictability. and then who knows what he'll do an hour from now. but i do know this. this is a good deal. a classic compromise. there are things i really like. there were things i wish were in the bill. i wish that the dreamer bill del that we put on the table, that he would have accepted it. >> now there's plenty of blame game on which side could not get the yes on the so-called

dreamers. a key democrat challenged the president's ability to cut an agreement. >> you've got a president that claims he's the great negotiator, the art of the deal. where was he when the deal was being made. wakes up the next day aig he wants something different. he's on one of the worst negotir i've ever seen. >> 49 democrats had a lot of leverage. majority leader mitch mcconnell resisted calls to change the filibuster rules. a veteran republican says there is merit to changing the budget process here in congress. >> i would rather see something like i'll never seen one of these again, let's do proper appropriations right or talk it out. we ought to be thinking about the future, not trying to recreate the past. >> the threat of the government shut down is gone for at least six months. lou? lou: we'll take every six month we get.

thank you up next, the national left wing national media on holy war against the trump administration. >> occasionally you bow the head and bend the knee. i'm someone that believes that prayer changes things so pray for america. lou: we're praying. we'll take up the white house under fire for its faith. pastor robert jeffers our guest here next. stay with us. hands go here... feet go here... you know what goes here... and your approval rating... goes here. test drive the ztrak z540r at your john deere dealer

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lou: two members of the national left wing national media forced to apologize for attacking the trump administration and their faith. msnbc host stephanie ruhle now says she meant no offense after she mocked larry kudlow's faith. and joy behar who is always right near the essence of con triks publicly apologized for mocking mike pence's christians faith with us tonight, pras tore jeffers. i have never heard so many people attacking christians on whatever level. there seems to be an insistence that they do so. >> well, isn't that true? and isn't it also true that if joy pa behar or stephanie ruhle

would have attacked a muslim for their faith, they would have been fired by their networks in a nanosecond. but let me tell you what's going on here, lou. the reason this is happening is liberals know that conservative christians are the last speed bump on the road to the goodless immoral society that liberals dream of and that is exactly why they're attacking them. and isn't it ironic that it took a secular billionaire businessman from new york city named donald j. trump to recognize that marchization of christianity that was going on, spoke up about it. and that's the reason they support him so much. lou: he spoke up about it, he spoke up early and he spoke up alone on the campaign trail, talking about the persecution of christians around the world.

and to see the left do this, msnbc going after wit -- what'sr name, ruhle, going after larry kudlow who worked at cnbc, a sister network. there's not even a kinship in media. how low have we fallen. >> and they both have this in common, larry as well as vice president pence. they claim their faith has changed them. that's what we're declaring this sunday night in our march for eternal life. we're going to have thousands of people marching through the streets of downtown dallas carrying a giant illuminated cross saying it's the gospel of jesus christ that can change people's heart. you talked earlier about the march for your life rallies tomorrow. lou: i'm not talking about them. i don't care about them. let them -- if you're going to march about your children through the streets of the country, that's their business. if they don't find that

exploitive and demeaning and graceless, you know, that's their problem. but i don't have to pay attention to them. >> what we are saying is. lou: unless you tell me to and then i'll pay attention. >> no, sir. try to depend upon legislation alone to end the violence epidemic is like putting a band said on a cancer. it doesn't deal with the heart issue and we're talking about what the heart issue is and that is our relationship to christ. this is a positive way of saying we're not ashamed of our faith. wewe want to proclaim it. lou: marches age demonstrations and people actually talking about jesus christ are wonderful things and we don't do enough of it on television, we don't do enough of it on radio, we don't do enough of it in the streets of dallas or any other community in this country. and it's a wonderful thing you're doing. i truly commend you and the good folks in dallas. >> well, thank you very much.

and we invite people to tune in. it's going to be live streamed. and this is a new day in america, i believe, lou. and we thank president trump for creating a new atmosphere where people feel emboldened to share their faith. lou: emboldened to share they faith. i like the words. i resist a little thinking we have to be bold to share our faith. but it is necessary to be bold in this day and age where there is so much oppression of the christian faith here at home and around the world. but always lifting us up is pastor robert jeffers. thank you for so doing and share sharing your time with us. >> thank you. lou: that's it for us tonight. we thank you for joining us. an coulter, general jack keane among our guests on monday. it makes the weekend wort worthe to know we're going to have all

of that waiting for you on monday. good night from new york. >> muscle-bound heroes... >> my dad said, "if i'm gonna do conan, it's gonna be done my way." >> curvy vixens... >> when i look at the female characters that dad did, mom was okay with that? >> the da vinci of fantasy art. >> this entire visual genre traces back to this one artist. >> how much did it sell for? >> about $1.1 million. >> but when he's gone, a real battle takes shape. >> how bad did it get? >> i'm not close to my brother anymore. even today we don't talk. >> can the next generation save the family and its fortune? >> i think i was like their last hope. >> my grandfather deserves to live on, and what better place than comic-con? [ door creaks ] [ wind howls ] [ thunder rumbles ]