tv After the Bell FOX Business March 29, 2018 4:00pm-5:00pm EDT
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kawasaki. we're off the highs. [closing bell rings] we're still up 322. at the moment s&p up 38. nasdaq up 119 but march will be colored red. worst month in 17 years. that will do it for claman countdown. we'll be here tomorrow. so will "after the bell." david: so will we. lauren: traders breathing sigh of relief heading into the holidays as stocks surge into the close. the dow up 309 points. not the high of the session. david: 300 ain't bad. lauren: 300 ain't baddest specially after what we've seen. s&p 500 up 7 1/2%. for the month of march as liz noted, it was ugly. i'm lauren simonetti in for melissa francis is we had to have a slight pull-back. think of how much we made since the election. it is not an easy thing to dismiss that positive side of
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what has been happening in the markets. i'm david asman. glad you could join us. this is "after the bell." we have a big show for you. the president making big news on infrastructure and trade. just moments ago in ohio, head of white house national trade counsel peter navarro will joins us from now. huge moves across the board. let's go straight to nicole petallides on the markets. nicole, there was great economic news. jobless claims at a 45-year low now. good gdp and retail numbers. nice when good economic news brings up the market. >> it is interesting. we thought this would be a headline driven week. we got good economic news and good earnings from lululemon after the bell. we'll kick off earnings season in full force. we hope that trend continues, less on the headlines and all the volatility come along with it. from trade wars to rising
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interest rates or anything out of washington. there we take a look now, as we noted today, we had a winning day on wall street, up 310 points on the dow jones industrial average for the month of march, down 3.3%. for the dow, in fact we did see the worst march in 17 years. so it was a tough one. as for the quarter, year-to-date, either way you want to say it, it is down for the first time in 10 quarters. so there was pressure happening. let's look at amazon. that is a name down 4 1/2% this month. we've seen the volatility for this stock. there were concerns from the administration they would be looking into the tax treatment of amazon. there was some comments from a spokesperson trying to soothe things a little bit today but the big picture they will be under fire a little bit. here is a look at tesla, down 22% this month. a new low. a big gain today, eight bucks. hit a new low but gained eight
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bucks. they are under investigation for a fatal crash. a recent downgrade from moody's. we'll kick it off fresh next week. david: absolutely. the market settling up 311 points, not bad. nicole. thank you very much. lauren. lauren: let's bring in today's panel. heather zumarriaga, brad blakeman. good to see all of you. let's talk about the quarter. nicole did mention this. the dow and s&p we're on pace for first down quarter in 2 1/2 years. at the same time as stocks are down in a big way we had the fear gauge, kevin, the vix index up the most in seven years. is the fear gauge, is volatility here to say? >> i think volatility is here to say. if you look at five-year average, you're seeing hover around 14 1/2. last year was an aberration. we averaged 11 on the fear gauge. you know what? we couldn't sustain that going forward in the future. i would actually say it is the
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uncertain isty gauge. in market a lot of healthy dispersion with sectors. this quarter alone technology and utilities had an inverse relationship. that is great. one is a cyclical. one is a non-cyclical. this is what we need in a normal environment. not everything can go up and down at the same time. we're getting our sea legs. fed will raise interest rates. so i'm not worried -- lauren: kevin brought up themes for march. for april, what do you think the theme is? >> tariffs, potentially on china. i know president trump and the infrastructure conference today he said he is going to put that on the backburner for now until we get a deal with north korea because that's a big card that he holds i believe as he put it. and so the market will be focused on high every interest rates and if we can see some leader participation from other
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sectors not just the tech sector. we're seeing that today but again it has been a very wild week and it seems every time the market does roll over and it happens to be led by tech no other sectors is really picking up the steam. we need to see more broad market participation i think for the rally to continue. lauren: that is a good point. tech stocks overweighted in the market. they got a whole lot cheaper today, brad which brings up a point of regulation. for how facebook shares your private information, your data or regulating self-driving cars where do you think we are with regulation from the white house? >> i think the president said it best and that is reasonable regulation is needed. regulation that stifles competition or stifles innovation and technology is not wanted or needed. but yes, we need to make sure that the facebooks of the world and others that have such huge market share and such a huge audience are protecting those,
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at least espouse to serve. but you know with facebook, i'm an avid facebook person, i love facebook, but on the other hand when it is free it is not really free. they're making a lot of money by selling people's information. not even facebook is reading their own fine print on people they do business with. so i think facebook has to come clean. mark zuckerberg has to come and take his lumps here in washington. and then hopefully he will be able to fix his own problems and not be regulated by congress. lauren: nobody go anywhere. more on this in a second. david? david: anybody says something free i reach for my wallet. lauren: it's not free. david: president trump taking his pitch to overhaul the nation's infrastructure to ohio. fox news's mike tobin is live in reach field, ohio, with the very latest. hi, mike. reporter: david, the president's speech was all over the map but ultimately he got down to the business selling this plan to the american public.
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a plan to invest 200 billion federal dollars and obligate state and local governments spend 1.5 trillion to get the job done as the president described the crumbling infrastructure. a executive order streamlining the permitting process. the president, a developer in his former life if you will, knows how the permits and paperwork can bog a job down for years. >> we will completely transform the horrible and costly and broken permitting process. the current permitting system is a disaster. takes forever. it adds tremendous costs and years and years of endless delay to infrastructure mr. projects all across the country. we'll get rid of the bureaucracy that wastes time and kills jobs. reporter: up to 400,000 jobs will be created according to the president, above average wages.
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32% above average talking about the skilled trades. the president made a point of emphasizing a lot of investment will be in rural communities, rural broadband. he threw out a stat that 40% of the bridges you drive over now were built before man walked on the moon. this plan does have its critics already. sherrod brown, democratic senator from ohio says there is no guarrantied any jobs will be prioritized for americans. he had people saying if you put this burden on local and state governments to come up with 1.5 trillion, they will respond with new tolls, new taxes, even sell off assets to meet the obligation. david? david: nothing is free as i said before. mike, thank you very much. president trump pivoting in the speech from infrastructure to tout the new u.s. trade deal with south korea. take a listen. >> we secured a wonderful deal with south korea. we were in a deal that was a horror show. it was going to produce 200,000 jobs and it did, for them!
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we have redone it. that will level the playing field on steel and cars and trucks coming into this country. david: here now is peter navarro, white house. peter, congratulations on the white house trade deal with south korea. when will it be completely finished? >> ambassador lighthizer, and will work on it in weeks or months. we always try to move things in trump time. why we wanted to get the infrastructure thing solved, but yeah, i mean president trump said that 2012 korea deal was supposed to create 200,000 jobs and it did for them. david: right, exactly. we're glad -- >> he hit that on the head. david: we're glad the numbers were turned around but i'm curious. how much did threat of steel tariffs help you negotiating a new deal? >> i don't think that was a big
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factor to be honest. the president was talking about getting rid of that deal back in june of 2016 on the campaign trail and for over six months now we've been in negotiations, moving that along. i think that it's historic moment for america. this is one of the first trade deals ever renegotiated in america successfully. that seems unbelievable. david: yes. >> yes it's true and we were criticized, the president was heavily criticized for trying to mess with that deal by all sorts of people here in the swamp but lo and behold there is universal praise for the outcome. as you said describing this, the light truck issue, let's hopefully they will toast a glass in dearborn, michigan, and warren, michigan, and flint, michigan, that is where we build things like the ford f-series
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pickup and chevy silverado and the ram. without president trump's forward-looking strategy heading that one off at the pass we would have had trouble in michigan in just a few years with a flood of those korean pickup trucks. david: now the flow is going to be going in the other direction but i'm just wondering if in fact the deal is signed and the steel tariffs, they're exempt from the steel tariffs, if you get a nafta deal signed, canada and mexico are exempt from the deal. >> let me stop you there, what you said there creates a massive misperception in america. david: please. >> we're not exempting anybody from the steel tariffs without putting in something more or as restrictive. in the case of south korea, basically they are going to adhere to a strict quota of 70% of what their average was for the past couple years. david: you are moving from tariffs to quota for individual countries. >> yes. david: that is important. hold on one second, excuse me,
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peter, let me put up a quote that you had. >> sure. david: when you had back when the tariffs were first announced early in march. you warned about exemptions or movement from tariffs to quotas on "fox news sunday." let me play the tape for you. >> as soon as he starts exempting countries, he has to raise the tariff on everybody else. as soon as he exempts one country his phone starts ringing from the heads of state of other countries. david: so have you been getting those phone calls, peter? >> but that is exactly right. the strategy is working exactly because what i said there was as soon as you start exempting completely, we're not letting anybody -- david: you didn't say completely. you said exempting. >> exactly. we're not exempting anybody. in the case of korea we're substituting a quota for a tariff. david: this is a big substitution though? >> no, it is not actually. in economics they're totally equivalent. what we have here is a situation where it is paramount for the
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232 investigation for steel and aluminum to be fully and staunchly defended. the worst case exempting a country, letting them off tariff-free. they become a transshipment point for all the steel in the world to flood in our country. that is not happening here. david: the difference here, hold on a second, peter, the difference is, when you have a tariff, there is automatic increase in price for person sending that stuff to you. >> correct. david: in the case of a quota, if you only put in so much, you don't have to pay extra. so there is a difference in price. >> but here is the economics of that. the economics are what you're trying to do with either a tariff or a quota is to reduce the amount of total imports across the 20 countries coming in for steel. you can do that either with a tariff or a quota or some combination thereof. david: yeah. >> the only real difference between a tariff and quota, with a tariff, this government gets the money. with a quota, foreign producers are -- david: there is another big difference, peter.
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the other big difference i think a quota is a much better deal for u.s. consumers because in the end there is not a concern, i know you would argue against this, but there is not as big of a concern with prices going up with quotas as with tariffs but quickly i have to ask you about nafta. >> sure. david: how close are we getting a deal with our canadian and southern neighbors? >> that is not in my lane. ambassador robert lighthizer is the man on that. he is the toughest hombre in this town. david: he is tough. >> besides the president of course. we had six round with hundreds of people involved with the mexicans and canadians and we hear there is positive signs and we'll see. i mean there has to be some mystery david, otherwise you would not be able to tease next week's show. david: that's right, peter. you have a point. you're thinking of fox. >> we may have a solution in the nafta deal. david: final question, how are you getting along with larry kudlow? >> i love larry. he and i go back over a decade
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when we were both on the other network we don't like to talk about. david: that is the dark network. >> we were friends then. we agreed during the campaign we were blood brothers in arms there. deregulation, tax cuts. we have gentlemen's disagreements. david: lie you and i do as well. >> amen to that, david. david: correct me if i'm wrong, i think those disagreements are kind of mending themselves and there is an agreement coming together even among people that were initially opposed to each other? >> well here's the deal. each of us here in the white house have a duty and obligation to serve the president by giving him the best advice we can, working with each other. that is what is going to happy with larry. he is a gentleman. everything will happen behind closed doors. we will have united front when decisions are made. that is the way the president trump runs this white house. and it's a great white house. david: peter, we would love to have you on again. thank you very much for being
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with us today. >> nice talking to you, david. david: good to see you. lauren. lauren: breaking news to you. more trouble for facebook. the social media company informs that survey app involved with the massive data leak that could sell user data, 50 million users their information to third parties, "the financial times" reporting that facebook knew about that and pulled data from users then leaked to cambridge analystca. this alarming information is raising major questions about privacy. let's bring back our panel. heather, what do you think about the report from "the financial times" that facebook could have known about this? >> i think there is more downside to come. in facebook's defense, look, it was in public. it was in there fine print somewhere on your screen you check the box, you as a user, if you have facebook you would allow them to do so but i think there is going to be regulation either through the ftc or congress imposed saying that they must disclose it in a bigger way, so that we as users
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of facebook, really understand how our data is used and if we're okay with that right now, i don't think we fully do. lauren: move on to another big tech company, amazon. president drawing major attention to the e-commerce giant with tweet. i have stated my concerns about amazon long before the election. unlike others they pay little or no taxes to state and local governments, use our postal system as their delivery boy, causing tremendous loss to the u.s., and are putting many thousands of retailers out of business. there are a lot of errors in that tweet, brad, what is your take? >> what the president is saying they're in the treated as they should be and they're not paying their fair share. we know this because on the state and local taxes they are paying state taxes but they're not paying municipal taxes. and if you're a third party that you're dealing with as a customer, you're not necessarily picking up the taxes from the
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third party. so yes, they are not paying their fair share. in regard to the postal system there is a contract regarding sunday deliveries. we don't know what's in that contract. we don't know what a sweet deal the poe tall service is giving them. lauren: right. >> with regard to first class mail, they're getting a deal. none of the deals are scrutinized as the president said they should be. lauren: let me bring in jeff here. playing devil's advocate, jeff bezos did not become jeff bezos without knowing how to legally manipulate the system. the european headquarters are in luxembourg because of 7%. you want to take advantage of that structure, no? >> issue here the president needs to focus on tax reform, if he wants to solve the issue and go back to tax reform and cut out all the crony capitalism currently being played. the rules are set and they're playing by rules of the game.
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that is the fact of the matter. goes back to the problems we're having with the current system whether it has to do with the shipping that we're talking about where they're actually getting a net benefit from the pose office service -- post office service or the tax system being involved. getting back to the tax situation that the consumer is benefiting from this. where the united states government is detriment to them, maybe some taxes the consumer is actually getting cheaper products and goods. we're a services economy. 70% of the economy is services. >> yes. at the expense of putting other small businesses out of business. >> exactly. >> there are two sides of this. cheaper pricing but at the same time, they're putting other smaller businesses out of business. they can't compete. lauren: i know it is tough. president trump sees the world in tangible assets, the mom-and-pop, shopping mall, the post office. it is kind of playing out. kevin, brad, heather. thank you very much. david: speaking of amazon,
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shares of amazon down 5% in large part this month due to president's comments. what are shareholders saying ceo jeff bezos has to do about all of this right now? we'll ask a famous consumer advocate, ralph nader sounding off coming off. lauren: mainstream media out of control over another white house official out the door. but "new york post" columnist michael goodwin is here. david: i love mike goodwin. investigating fisa abuse allegations. what will come of this new probe? house committee member stewart joins us next. allergies? stuffy nose? can't sleep? enough. take that. a breathe right nasal strip of course. imagine just put one on and pow!
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david: inspector general michael horowitz inspecting the doj and the fbi over its misuse of the foreign intelligence surveillance act, otherwise known as fisa. judge napolitano commenting on controversial law. >> fisa is turned on its head. it was invented to not spy on americans. mccabe and his colleagues took advantage of it because the fisa court is such a pushover. david: here is congressman chris stewart. he is a member of the house intelligence committee. congressman, with this new inspector gen-probe focusing on the fisa court, whether there was misuse of the fisa court by people at the doj and the fbi, that going to eliminate the need for a second special counsel? into probably not. i mean this is what we know. they obtained this fisa application in the aren't through deception. there is no question that is true. you look at the facts and it is very, very clear the fbi was not
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at all forthcoming or honest with the fisa judges about critical information underlying their application. we need to correct that with the fbi and with doj officials but i would also say the fisa judge himself i think had a responsibility to be a little more probing than apparently he was. david: by the way, congressman, would we be able to tell, by we, i don't only mean you folks in the intel committee, but the general public if we see actual fisa warrants? >> would we be able to tell if there was deception? david: if they used the trump dossier as the basis for the warrant, et cetera? >> oh, yeah. it is very, very clear. we've been open about that the deputy fbi director mccabe admitted absolutely we used it. we would not have the fisa application go forward were it not for the dossier. it was underlying facts regarding that, hillary clinton and would have paid for it and
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critical helps with the fisa judge. your question about independent counsel versus the independent general investigator going forward, i just don't think it's, i don't think it's sufficient the ig. for one thing -- david: forgive me, we're short on time but i got to ask you if they did it in this one case and you seem pretty convinced they did, they abusesed fisa court to spy on americans, who is to say it didn't have other times? there are a lot of fisa warrants, a number of them approved far outweigh the number that are disapproved. >> yeah. david: are you at all interested in whether this court was abused more than just this one case? >> well sure, we are because you can't look at this evidence and assume it never happened in any other case. what you would be leaning towards, what we want to look at many of them, to make sure they're ethical and legal how they acted. this opens the door to that i got to tell you we haven't seen evidence it has been abused other than this one instance and i think we would have a feel for
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that if that were the case but we don't know because we haven't investigated thoroughly. once why the ig is important but the ig is not enough because there are other ethical consideration we're concerned about with cia and other leadership there that needs to be pursued and special counsel the best way to do that. >> it sounds like the entire procedure by way the fisa court approves warrants needs to be revamped entirely, no? >> yes. in fact one of the things we're working on as a result of this, legislation would do one thing, this would be very simple, i don't know how anyone would object to this, it would allow for an advocate to look at the interests of the target. this individual doesn't know he has a fisa application. he has no idea of that. if there isn't someone there looking out for the citizen, their rights, many times we've seen at least in this instance those rights may be trampled. we need an advocate in the fisa court, i'm there to represent the target and his interests and his rights as u.s. citizen.
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david: congressman chris stewart. good to see you sir. appreciate it. lauren? lauren: russia seeking revenge. the nation turning the tables and retaliating against the u.s. for kicking their diplomats out of the country. we'll tell you how russia responded next. plus a familiar face now ready to turn around the va. who is he and what can we expect to see in terms of changes for our veterans? congressman french hill gives us his take after this. >> some people have great genes. i told the president if he had a healthier diet over last 20 years he might live toby 200 years. i don't know. i don't know, he has incredible genes. or starting a college fund for my son. actually, i want to know what you're thinking.
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holiday weekend. this move indicative of volatility we've seen this month, this quarter, for quite a while thousand. we'll see if that changes after the holidays. lauren: unusual settle. let's talk about russian retaliation. that russia will close the u.s. consulate in st. petersburg as well as expel 60 diplomats. seeming revenge for the u.s. response to the poisoning of an ex-russian spy and his daughter in great britain. joining me to react is arkansas congressman, member of the house military foreign relations caucus french hill. congressman hill. good to see you. >> thanks, lauren. thanks for having me. i don't this is tit-for-tat. we have closed one of their consulates and expelled one of their diplomats to the exact same number. what's next. >> well as you know recently enforced sanctions we passed last august. the treasury department in january named the kingpins that
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they wanted to sanction. we rolled those anxious out. with our allies we named russia as the bad actor in this attempted murder in london. this is more of the same. the eu and united states are united. lauren: do you think that has anything to do with the incoming nsa chief, john bolton? >> well, i think it is the fact that the president done that in very beginning. chief in poland, commitment to nato, naming ambassador stroll bolton as trying to get the settlement in ukraine and how the president handled syria. i think the russians are getting the message. i think ambassador bolton will help deliver it even firmer. lauren: update on the situation with the ex-russian spy, his daughter is now in stable
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condition. hopefully she is doing a little better. i want to talk to you, about another white house shake up. ousting va secretary david shulkin and replacing him with white house physician ronnie jackson. the president alluding to why today. >> i made some changes. because i wasn't happy with the speed with which our veterans were taken care of. i wasn't happy with it. we want them taken care of. we want them to choice. so they can go to a private doctor. lauren: shulkin righting in op-ed in the "new york times" after his firing, i fought to stand up for this great department and all it embodies n recent months the environment in washington has turned so toxic, chaotic, disrespectful and subversive. that it became impossible for me to accomplish the important work that our veterans need and deserve. so, congressman, to what degree
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do you think that the va should rely on private care? that seems to be where the big disagreement was, in addition to shulkin the only obama administration holdout in the trump administration? >> i hope ambassador jackson has good confirmation hearings in the senate. he is fighting texas aggie. he served in iraq. he served three presidents as the white house physician. what we need at the va is leadership, leadership that can continue to manage a very large and unmanageable organization. president obama had bock mcdonald ceo of proctor & gamble was not successful leading the organization to the extent congress thought was acceptable. it's a tough job. admiral yaks son has his work cut out before him, both with doubling of the budget the last decade, extra 100,000 people, we still are not delivering the care that our veterans earned through their service. so like i say, it's a big challenge. i hope admiral jackson has a
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very positive confirmation. lauren: congressman french hill. thank you very much. >> thank you very much. david: coming next, why michael goodwin says the firing of shulkin proves that trump is putting america first. michael goodwin, "new york post" columnist coming up. president trump calling amazon out slamming the company for what he says unfair advantages it has. after nader, consumer advocate, really the first one there was, joins us next. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance.
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david: a prime target. president trump using twitter again to hit one of his favorite targets, amazon, for what he calls unfair advantages the company gets in taxes and postal rates. here is ralph nader, presidential candidate, consumer advocate, and an amazon shareholder, very much to the.here. are you with the president on this? what do you think, ralph? >> he won't do anything about what he says. he actually committed some truth, surprise, surprise. i was a shareholder in amazon, trying to get amazon to unload some of its massive profits by giving dividends to shareholders. gives zero dividends to shareholders. many ways i think the big institutional shareholders should take amazon by the collar, say, stop mistreating workers, stop emptying main street through deceptive and
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monopolistic practices. pay your taxes and don't demand states give you $5 billion for privilege putting the next headquarters in that state. david: ralph, you say the president won't do anything about it, you may be right on that, but what would you do about it if you were president? >> first of all there is already an investigation i think by the federal trade commission. there needs to be an antitrust investigation. the business model of amazon is to drive out its competitors, put drones in the air to your front door and robe bottommize warehouses and empty out main street. how do you compete with amazon, you're a store on main street? you have to pay property taxes, full state sales tax. david: hold on a second. you are a consumer advocate. >> yes. david: i'm always with you about half the time. you're a consumer advocate. i appreciate that. as a friend of the consumer, aren't you against the consumer having to pay more taxes on the internet? >> i want fair taxation
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because -- david: wait a minute. you want what is good for the consumer. >> yeah. if the consumer getting away without paying taxes on internet what is wrong with that? >> hey, because the consumer has empty main street and who will pay property taxes for schools and public works? david: i don't know. i think if you're consumer advocate you should be in favor of the consumer not having to pay more taxes than they should. >> but they end up losing on the other end. that is the genius of the amazon model. david: looks like you're going with the corporate mall owners here. let me move on to facebook because there is a real problem with facebook. >> yeah. david: they apparently were sharing information they weren't supposed to share. how would ralph nader fix that problem? >> first of all disclose all the terms and conditions agreements. allow users to form user groups. they prohibit facebook users to form user groups. protect the privacy of the user. give the user the right to say know at times, firm to say know.
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i don't want a third party to use my information. >> right. >> that is one. give the consumer more power. second, there will be real congressional hearings this time. senator thune, head of commerce committee, republican south dakota, senator markey, other democrats, i think mark zuckerberg will have to answer some serious questions. the most important thing his business model depends on destroying consumer sovereignty and consumer privacy to give information to third parties like cambridge analytica. david: they also sell ads. let me move to another pet peeve. we have only 15 seconds, forgive me. you are against stock buy-backs, you want to use the cash pay out higher dividends. i agree with you 100%. it is better for stockholders around draw more people buying the stock. are you going anywhere with that
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idea? >> we have interest with big institutional shareholders, like the stanford endowment, blackrock and others responded to our questionnaire to use the muscle of the shareholders to get the their own money back to them in higher dividends and to improve worker pay. which is improves productivity. david: as stockholder would be happy to get more in dividends. ralph nader. appreciate it. >> thank you, nanosecond, david. they call it. david: we get a lot in small amount of time. thanks, ralph. >> thank you. lauren: i'm sweating over here. proposed 85 billion-dollar merger between at&t and time warner facing a major legal challenge from the government. department of justice calling an mit professor to the witness stand today. where the trial stands coming up. ♪ in a chevy truck. and now, you can too.
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85 billion-dollar deal seeing major opposition from the government. connell mcshane closely following the trial and industry reaction to it. he joins us from outside the district courthouse. good to see you, connell. reporter: hey there, lauren. one of the things the government alleged in this case the content that time warner owns could eventually be withheld. it would give an unfair advantage to at&t's directv. so the department of justice today looked to set up what with holding that content might look like. they brought an mit professor up as an expert witness, john hauser. he did a study. found 12% he surveyed would switch cable companies if the turner networks were blacked out permanently. a executive took up, he said what is called drop analysis before negotiations, finding out if certain networks are dropped. problem that is confidential information. he is currently testifying in a closed session about that we don't know what he found. we found one interesting thing
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he did say may ablow to the government's case. on cross-examination, rigdon said he has no reason to believe the merger of at&t and time warner would have impact on negotiations carrying turner networks at hbo. lauren, as we wrap up the week, they don't meet on friday, only monday through thursday. keep your eye on the judge, richard lie on in this case. they told the lawyers they need to pick up the pace. they're going too slow. the merger is supposed to close june 21st. he is worried he won't have enough time to write his opinion. take the weekend, look at witness list to see if you can shorten it. we'll see if they listen to the judge. lauren: not to go beyond the eight weeks as expected? reporter: yes, six to eight weeks what they're looking for. he is worried pace they're going now they won't finish up. lauren: thanks, connell very much. david: the conventional wisdom is wrong again. lauren: what? david: the mainstream media is
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lauren: you can call it a game of musical chairs at the white house. here we go. va secretary david shulkin. hope hicks. rex tillerson h.r. mcmaster, gary cohn among others all all out at the white house. but our next guest says this is the sign that trump is making america great again. his new "new york post" op-ed, white house shake-ups. michael goodwin, a fox news contributor. he has experience now under his
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belt. he is doing this a little bit. is this the sign that the president wants, he is getting his ducks in order? >> yeah, i believe it is. i believe he is now, knows more about how some of these agencies work. the state department, for example, the national security advisor. i think he is now decided this is what i want in these positions. this is who i want. >> are these yes men? are these yes men. >> no. in fact i think that is misunderstanding. for example, larry kudlow who is replacing gary cohn who was perpetually unhappy as national economic visor, larry kudlow disagrees with the president on taxes. >> fair point. >> john bolton a hawk on russia, much more than the president has been up to now. there is disagreement here. there is disagreement on fundamental agreement. there may be disagreement on a certain issue but fundamentally these people share the president's vision of america in
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the world or the american economy. lauren: trump is so committed to his base and to fulfilling his campaign promises. as we push into the midterms in november, do you think this and all of these shake-ups and changes a way we can fulfill his campaign promises. >> he certainly thinks so. i think he recognizes the seriousness, if the republicans lose the house to the democrats, the democrats will certainly try to impeach him. they don't need a basis. they will vote, make up articles, they will vote on them. at the very least that will stop his agenda. will be like president obama using executive orders and that sort of thing. he is now full steam ahead. this is my team. this is how i want to do. this is how i govern best and this is how we can win. lauren: lastly the russia investigation. this is only heating up. >> right. lauren: we don't know where the end is. we do know that john dowd, key member of his legal team is out.
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not sure who is replacing him just yet. where does this end end up this? do you eventually see the trump sitting down with the special sell? >> of all the changes this is most worrisome. he had a strategy dealing with robert mueller. lauren: he said it would go away. >> he said cooperate, cooperate. dowd did not want the president to sit for interview. digenova is not taking job, for whatever reasons is not clear. for now the job is open and the strategy is unclear. lauren: michael, thank you. david: an offer he couldn't refuse. a young boy making a man-sized deal for his twitter handle. that is coming up. ♪
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a cockroach can survive heresubmerged ttle guy. underwater for 30 minutes. wow. yeah. not getting in today. terminix. defenders of home. where we're changing withs? contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. lauren: offering a 15 year old superfan and his family a free european cruise in exchange for
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his snapchat handle. david: not a bad deal, was hosting as at carnival cruise since he was nine years old and the cruise he's getting is worth about 5,000 $5,000. lauren: i would have asked for more. i hope there's some perks. president trump: my administration is fighting every day to protect and defense and grow american jobs, plants and factories pouring back into our country. i've been in construction and building all my life. i love it. our roads are clogged, we have average drivers, spend 42 hours every year stuck in traffic, costing us at least $160 billion annually. our mass transit systems are a mess, they're decayed. nationwide we average 300 power outages per year, compared to just five per year in
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