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tv   After the Bell  FOX Business  April 16, 2018 4:00pm-5:00pm EDT

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real sticktoitiveness. of the just like a marathon runner. [closing bell rings] markets begin the new week to the upside. nice move for the s&p. up 21 that will do it for the "claman countdown." we'll see you tomorrow. melissa: it might be monday but good news. making money on wall street, ending the day, wow, up 215 points. very solid. i'm melissa francis. david: i'm david asman. we're glad you could join us this is "after the bell." more on the big market movers. here is what else is happening this hour. this year the taxman taketh a bit less. president trump touting a tax cut at a roundtable discussion in florida today. what the deal-maker-in-chief had to say about putting more of the money you have earned back in your pocket and in your business. high-stakes in manhattan in a courtroom. a federal court hearing this afternoon for president trump's long-time personal attorney
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michael cohen. will any information taken from cohen in a controversy he'll raid be leaked to special counsel mueller or to the press? some of it may have already been. wall street expecting a blockbuster. netflix results will be released any moment. the stock will be up more than 60% this year. the numbers coming out any moment. our guest, tony sayegh, assistant director of public affairs at treasury, colonel oliver north and fox news senior judicial analyst judge andrew napolitano. melissa: fick -- nicole petallides on floor of the new york stock exchange. big day down there, nicole. >> we're clocking in a 214-point gain on the dow jones industrial average shaking off worries about syria over the weekend. a keen eye what is going on. not worried about retaliation at the moment.
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as a result the dow, nasdaq, s&p all with up arrows and the s&p 500 gained more than 3/4 of a percent. number of names that drove the dow jones industrial average. it was basically all green. unitedhealth, dewpoint, caterpillar all led the dow jones industrial average in percentage terms. unitedhealth up 2.7%. earnings season is underway. we kicked it off with the banks on friday. netflix coming up here on "after the bell" shortly. five days of gains. today it pulled back one 1/4% they bleat street on revenue and profit. we're expecting a move of 6 1/2% according to the options market. obviously netflix a huge story for us. we'll watch in the next few minutes. here is look at bank of america. bank of america was a name came out with its quarterly report. now it finishes up half of 1%. it moved back and forth. it beat on both top and bottom
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line. like we saw that on friday. 58 names in the s&p 500 as we watch all on fox business. melissa: we'll watch for the netflix. estimates are monster. a lot to live up to. thank you so much. david. david: let's bring in today's panel to talk taxes. liz peek from the "fiscal times." adam lashinsky from "fortune." conservative commentator rachel campos duffy. adam and rachel are fox news contributors. rachel, let me start with you, there is good news on the effect of corporate tax cuts, some hit, that are about to hit, the question whether it is dribbling down to the man on the street is still an open question. there are some very positive signs in the economy. there are very positive signs for corporate world but do individual taxpayers feel it yet? >> i absolutely think so. i live as you know in wisconsin, in central wisconsin where, employers are trying to find people to work.
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people feel that optimism. i think it may be harder to feel if you're in d.c. is or if you're in new york or california. it is a middle america, forgotten america where we're starting to feel that very strongly and there is a lot of enthusiasm. they really tune out, a lot of, all comey and all this drama going on in washington, d.c., people where i live are getting up. they're going to work. they're enjoying the bonuses they have gotten. they're looking forward to the tax cut next year and they work hard. that is what this administration and these policies were all about. david: liz, i don't want to bury the bad news because there is a lot of it. the economy is doing great. thank goodness we're much more optimistic what will happen. congress did punt on individual tax cuts. it is that simple. a lot of good stuff in the corporate world but if not necessarily on individual side and simplification either. my question when will the individual feel they're fetting a break from taxes? >> i think the answer they will
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be very happy about this tax bill really when wages start to accelerate. i saw a sure is say of cfos at that was done in the last couple weeks, they're looking at wage pressure. employers are scrambling to fill jobs. as that happens. that is a result of the tax cuts which indeed were mainly focused on corporate taxes. the feeling that would translate into higher wages for workers, something we haven't seen in almost a decade. i think you will see it. i think my guess es, this quarter, not only not only will people see their tax with holding down, they have already begun to experience that but for awful lot of americans waging are going high. david: adam, it is true. if you look at the polls, even among folk at thats that particular care for donald trump they credit trump with positive effect in the economy particularly with tax. >> liz and i can debate cause
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and effect on wage pressure but that is irrelevant. i think that wages will go up. i think people are feeling good about some of that in particular as liz said the bonuses some of the companies have given them but there is other, there is other factors blowing in their faces. interest rates are rising. that will not be good for their mortgages f we have a trade war, that isn't settled yet, that will hurt people especially in the heartland, farmers for example. there is a lot of complex factors going on now, some of them good. david: rachel, for all the fears, there was 2017 is period where stocks kept going up despite any fear coming along. then in 2018 we saw fears affect markets whether impending war in the middle east over trade wars or whatever it was despite the fact all those fears seemed to be calmed down. at the end. day we fixed things with a strike in syria. we fixed things with trade talks, et cetera but the market
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is still a little nervous. >> market is nervous but i think in the end the markets understand that people understand that president trump is a businessman. that he is flexible. that he not an ideologue. he always looks at the bottom line. whether it is trade, officially people were freaking out, oh, my gosh we'll have trade wars. i think everybody understands the endgame for donald trump and his administration is more business for america. so he is not interested in a trade war. >> if i might -- david: to ahead, adam. >> reason people were freaking out because president trump changes his mind on this subject every several hours. i don't mean to be glib at all. >> i think it is a negotiation. david: he is renegotiating, which do you think it is? >> i understand that argument but he freaks people out with his, i can't say the word, with the way he talks about. melissa: intemperate. >> six of one, half a dozen of
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the other. david: it is true he freaks out a lot of people in the media when he uses intemperate language but he gets the message across whether china or any other country he is trying to deal with. >> it is most people, most people understand in fact we have not had a level and fair trading field with china for many years, over a decade, possibly two decades. china has had, has taken advantage of its wto status. it has taken advantage of america's reticence to confront it. >> that is all true. melissa: there is some enthusiasm for this confrontation. that doesn't mean it won't be without pain or uncertainty and certainly agriculture could get nicked by it but the truth is, down the road as china moves up the value chain, what they're trying to compete with americans on it is really important that we stem this tide now. david: there are always tradeoffs. looks like things are more positive. melissa. melissa: just as we could use a bit of tax relief, a day ahead
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of tax day, president trump is in south florida touting the results of the new tax cut law. connell mcshane is live in florida with the latest. connell. reporter: well, it was a chance, melissa, for the president to follow up on what the guys were talking about, kind of shift gears, get away about stories of former fbi director james comey and his personal lawyer michael cohen and focus on a issue he sees as a political winner, the economic impact of tax cuts. take a listen. >> this could be one of the greatest booms ever. i think it will be because the companies are so strong and they are ready to rockport port the president turning to his economic advisor after making that comment, larry kudlow was here in the audience. kudlow yelled back he didn't have a microphone, everyone will benefit talking about the tax cuts. this was a roundtable event which mr. trump was surrounded by the likes of senator marco rubio and treasury secretary steve mnuchin and a number of small business owners
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here in the south florida and talking about how their businesses help tax cuts. right at the end there was a bit of shifting fierce from the president to economic hot button topic, one he talked about in recent weeks, that is trade as he once again called out the chinese. >> with china, we're at 375 billion-dollar trade deficit. so we started a process and we'll see how it ends up but we're going to win. reporter: well, he said, he made these comments on the same day which he called out both the chinese and the russians in a tweet allegedly manipulating their currencies. in big picture you can expect trade to be a big issue for president throughout the week. he has moved north up to palm beach, settling in at mar-a-lago where he will host the japanese prime minister shinzo abe the next couple days. funny enough japan was one of the countries he mentioned in a long list of nations he says we're losing to when it comes to trade. you can pretty much guarranty,
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melissa, along with north korea, will be a big one next couple days at mar-a-lago. back to you. melissa: connell, thank you. david: here is tony sayegh, assistant secretary of public affairs for the treasury department. good to see you, tony, thanks for being here. >> good to be here. david: the president is talking that this is one of the greatest economic booms of all times. he shouted out to larry, do you very data. proving that. can you share any of that data with us? >> largest tax cut, 5.5 trillion in tax cuts. 4.5 trillion in tax reforms. we're seeing benefits already. we've gotten to a point 3% economic growth just a year ago thought to be near impossible, happened twice in two quarters unpresident trump's administration. we see job numbers increasing 2.5 million jobs created. wages are going up, 2.3% the highest growth in wages over a decade. this is largely because of what we've done on the tax cut and
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tax reform side. the regulatory rollbacks. the third part of the president's economic program making sure we have free and fair trade with reciprocal trading terms with our trading partners to level the plaguing field for american workers and companies the first time in three decades this is why you see optimism so high, david. they see a president who understands how to create growth. david: i mentioned in the last segment. there are polls out even though people who don't particularly like president trump, they credit him with the improvement in the economy. there is key election coming up in november, midterm election still harping the tax cuts are not doing any good. let's just play the sound bites in terms of the bonus corporate america received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic. >> we're getting crumbs, for all
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of es who have got en, might have gotten a thousand dollars in your, from the, as bonus, remember that is not free money. it is coming with a cost of driving up our debt. david: still, stuck on this crumb business, despite the fact there is company after company after company announcing they are giving $1000, many cases more than $1000 in bonuses and raises. >> i could see a legitimate argument being made as to why a certain level of tax cut versus another is good or bad policy. to suggest millions of dollars coming to hard-working americans via bonus, the fact that you have had tens of millions of wages increases announced by over 600 companies as a result of the tax cuts and jobs act, the fact that you have had nearly $600 billion in some sort of capital expenditure or reinvestment in this country. that is by some of the biggest companies, just an argument that makes zero sense. they can continue to make it. david: i don't see how it is a
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winning argument to make with an election coming up, however it is true, simplification, we didn't get the simplification a lot of us wanted, didn't get lowering of the top rates starting more entrepreneurship, the president talked about tax code phase two. so does larry kudlow. when do we see that. >> david, we wanted to make tax cuts across the board the problem was we needed nine democrats in the senate to do it otherwise we go through reconciliation. this is something we're fighting for it. we think the american people deserve lower taxes simpler taxes of the we took a huge stip with the jobs and tax cut act. ernst & young says in a study89% plan to raise wages. david: the president seems stuck in this idea a trade deficit leads to lower economic growth. in 1984, tony, you may know
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this, there was historic trade deficits, "new york times" and others came out with headline pieces, what a terrible awful thing it would have trade deficits worse than we ever would have, that is the year when the economy grew 7.3%. so it is not necessarily true that a bad trade deficit leads to bad economic growth. it didn't in 1984, maybe it won't now. >> david, when president xi and president trump last year in mar-a-lago they both agreed the nearly trillion dollar trade deficit that the united states has with china is a problem. it has to be fixed and has to be fixed so our workers compete fairly, our products compete fairly and we have more nair and cipro call trade. >> so nice to be with you. david: we have breaking news. netflix with first quarter results. we go to nicole with the numbers. a lot of anticipation. >> the stock 6 1/2%, we'll check it right now, the big picture, exactly what we said, our senior
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editor charlie brady gave us a look at the options how they were expecting to move, could move 6 1/2% either way, did exactly that. earnings in share right in line, 64 cents. revenue a slight beat 3.7 billion over the 3.69 billion. wowing wall street, streaming ads 6.2 billion. after 4.83. that would be a win. earnings per share for the second quarter, the outlook there, 79 cents, that would a beat over the 65 cents. you put those together and total streaming of current quarter, that comes in 7.41 million. forecast was 6.3. listen, adding, adding the streaming obviously users here beating on the revenue and right in line and the outlook, the outlook helping this one. up 6 1/2% to the upside. will this be an indicator of "fang" stocks? we know on friday deutsche bank
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and other brokers came out with positive calls on netflix. so far earnings season kick being off with good earnings with netflix. we'll watch the rest of the "fang" stocks. melissa: nice. thank so much. adam lashinsky is back to react. along with michael nunez, mashable deputy tech editor. michael start with you. a lot of good news in the report? >> absolutely. one thing they will cling on to, number of subscription growth watching that very closely. sounds like netflix is still adding users at a pretty steady rate. the big question whether it can continue to penetrate the international markets. that is obviously the long view. that is what most people are watching quarter by quarter. david: i have a little bit of information on it. we just got in the figures, global net ads for netflix, 7.4 million, up 50%, ahead of the company's 6.35 million forecast. that is a big rise, melissa. melissa: adam, you want to respond to that?
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>> international is the big opportunity for netflix. that is obviously a giant number. only because, they're not completely saturated in the united states but they are effectively saturated. one reaction i wanted to have something nicole said i wouldn't be netflix an indicator how the fangs are doing. this is extraordinary story where they are killing the rest of hollywood, forcing hollywood to bend to their ways. the other fangs have other issues that we'll probably see in their earnings reports. melissa: michael, what is amazing here, they have been able to drive original content. that is what is so extensive and originally, if you were an early user of netflix versus itunes and all the other ways of getting things, my kids used to say if it is crummy you know it is on netflix. it is new and awesome it will be on it tunes. that is not the case anymore. now netflix, they spent a bundle. they stepped up theorg until
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content -- original content but they hit numbers on earnings an revenue. there is a lot to be impressed about there. >> absolutely. consumer sentiment changed around netflix and shows at that they actually air on their, on their streams. i think a lot of younger people actually find that netflix has some of the most interesting content. melissa: they do. >> whereas i think a lot of cable stations are sort of falling behind and falling out of favor with younger audiences. another thing that needs to be mentioned is, netflix recent announcement it will work with comcast to bundle netflix subscriptions with cable subscriptions. america is not fully penetrated but there is fair amount of penetration in the u.s. market. there is reason to believe that could go even greater with the new comcast deal. melissa: that is a good point. people are attached to cable and don't get netflix for that reason. if they break the final barrier that would be one more place for them to go. thanks both of you.
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great insight. david: huge ads. busted through all the estimates. unbelievable. netflix keeps going and going. locked and loaded, latest details on president trump's response to syria. more airstrikes could be on the way if the assad regime decides once again to use chemical weapons on its own people. lieutenant colonel oliver north on the show of force from the trump administration. melissa: inside the high-stakes court. coming up judge andrew napolitano, fox news senior judicial analyst sounds off. ♪ at it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™,
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melissa: international showdown. the u.s. and its allies in a diplomatic war of words with the
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regime and allies in moscow. something the president is making note of. >> with way over 100 missiles shot in. they didn't shoot one down. the equipment didn't work too well, their equipment. and they didn't shoot one. you heard, oh, they shot 40 down, then they shot 50 down. no, sir. every single one hit its target. think of that. how genius. [applause] not one was shot down. melissa: here now is retired lieutenant colonel oliver north, host of "war stories" on fox news. sir, thank you for joining us. what do you think of the fact that none of them were shot down? do their anti-missile systems not work, not engage? did the russians not protect them maybe they led them to believe they might? what is your take? >> you have to ask, melissa, when is the mainstream media calling what the assam regime did an alleged chemical attack. it was certainly mission accomplished. it was exactly what president
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trump said it was. i remind folks who may have forgotten or born yet, 32 years ago, president reagan struck terror bases in libya. the french refused overflight rights, it cost us an airplane and crew. it was mission accomplished. 1969 i was ordered to take 14 marines into the demilitarized zone to capture an nva soldier. we did. i got a message from the third marine commanding general, mission accomplished, well don. phobe told my marines it was a failure because we didn't end the war. president trump managed to get the french on board. the russians who lie about everything, how do we know? their lips are moving. that it didn't succeed. the propaganda ministry is out there and media is cooperating with them. we'll know if the stop the chemical attacks by actions, not their words. assad can't start a helicopter or fixed-wing aircraft without russians help. russians know name of every
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pilot, every target, every bit of ordnance. if there is another chemical attack in syria it is because the rush shurn personnel facilitated. the president asked the right question, do you, mr. putin, want to be associated with a monster? melissa: and so what do you think happens from here? i mean if you look at the damage, we were looking at pictures a moment ago what happened to the sites. if there are other sites, what do you think happens next? oh, no. colonel north, can you hear me? >> barely. i hear you, go ahead much maybe the russians are cutting in. melissa: maybe, probably. what do you think happens next. >> well look, syrian anti-aircraft system failed completely. somebody in syria, maybe mr. assad, ought to ask the russians why his patrons didn't come to protect him like they promised they would? the strike mission succeeded and ordered to do, degrade syrian chemical weapons capability. if there is another chemical attack in syria the price is going up.
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as putin is half as smart as he pretends to be they will tell assad's chemical killers to stand down. that is the only thing we could look forward to. melissa: some said this was no big deal for assad. he used the chemical weapons to clear out the last bit of territory he wanted to conquer. that losing these facilities as a result of that was a small price to pay. he wasn't personally hurt by this at all. what do you think of that assessment? >> look, anytime you can take out the kinds of capacity that was taken out in this raid, it has got to hurt their ability to continue what they have been doing. it is not the last of the opposition. there is plenty of opposition left. the iranians know that as well because the iranians desperately need to keep him in power. the russians need to keep him in power to keep their bases. there is a lot left to fight. if the united nations will not end the war it will continue because the iranians and the russians want it to.
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melissa: colonel, thank you so much for your time today. >> my pleasure, melissa. >> we have more breaking news on netflix. shares are soaring after-hours following the release of first quarter results. the streaming company revealing that 1.96 million memberships were added in the united states. this is boosted by original content. this is a huge beat. the company had forecasted only 1.45 million members. international members added 7.4 new members. that leads a total of 68.3 million international members of netflix it is a big company. melissa: battling to have the last word. president trump and james comey appearing to kick it up a notch with every insult. who is winning the fight? branding expert bruce turkel is grading them both. plus you could end up paying more money for shipping online very soon. we'll tell you what you need to know about this potential change. that's next.
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david: well your online shopping bill is about to go up. we're following a supreme court case that could have major implications how items are taxed on the internet. gerri willis is live in our newsroom. gerri. >> that's right. well your costs could go up. the battle over online sales taxes is moving from the president's twitter account to the supreme court tomorrow when it revisits its 1992 decision to allow online retailers to sidestep taxes in states where they have no physical presence. at issue some $3.9 billion, to 6.2 billion in taxes that the general accounting office could be collected, could have been collected in 2017 had the catalog era law been different. president trump has maintained amazon, for example has an unfair advantage over brick-and-mortar retailers because of the tax loophole and that the company's advantage drove thousands of them out of business. now trump has been at odds with jeff bezos, amazon ceo, and
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"the washington post" which amazon owns. but amazon collects taxes on retail sales it makes. it is smaller businesses that don't collect taxes. those smaller businesses are responsible for as much of 2/3 of the company's 313 billion in sales according to an analyst. to do business an amazon's platform they pay the company 15% of sales. ironically a change in the tax law could drive thousands of small online businesses out of business. arguments in the case, south dakota versus way fair begin tomorrow. back to you. david: i don't want to pay higher taxes period. melissa: anything ever, ever. david: gerri, thank you very much. melissa: all taxes are bad. david: i agree. i agree. whenever you give money to the government instead of in my pocket is a bad thing. melissa: terrible. how retirement impacting your 401(k) and hard-earned money, speaking of which. the president's's attorney is in
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court this hour as he begin as legal battle to retrieve potentially incriminating documents. does very a case? judge andrew napolitano is here to break it all down. ♪ to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks. talk with your advisor about shield annuities from brighthouse financial- established by metlife. copdso to breathe better,athe. i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators,
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david: right at this moment president trump's personal lawyer, michael cohen is appearing in court pushing to review documents that were seized during a raid of his home, his office and a hotel room a week ago. here is now judge andrew napolitano, fox news senior
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judicial analyst. judge, first of all, has anybody, anybody, prosecutors or fbi agents or anybody gone through any of this information yet? >> we don't know but i doubt it. theoretically the documents are locked in an evidence vault. so prosecutors go and get a search warrant. they persuade a federal judge that they are entitled to this stuff immediately. federal judge authorizes four raids at 5:30 in the morn simultaneously. the fbi gathers it, doesn't bring it to the prosecutors, doesn't bring it to a judge, puts it in a evidence vault. michael cohen lawyers, don't let the fbi give it to the prosecutors because much of it doesn't belong to me. belongs to my client. >> as you know only too well, this is such a charged environment we're in right now. >> yes. david: so much leaking going on, not only to the press but perhaps there could be leebing from people going through this information to mr. mueller who is not supposed to get some of this information. that let alan dershowitz to put out a suggestion of maybe who
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might be in charge of going through this. play this sound bite. >> they have a very good judge, former student of mine, judge kimba wood. she is tough and she is smart. she ought to take over this taint team. look at everything seized in the cohen office, this is confidential lawyer client. >> would she be fair. david: would she be a good person to oversee the process? >> the first thing she has to decide was michael cohen acting as a lawyer or was he acting as the government says a dirty trickster, a fix it person, a roy cohn type under the guise of being a lawyer. if he was not acting as a lawyer, then there is no privilege and the government gets all of it. david: if he was acting as a lawyer, as a civil libertarian, doesn't it bother you -- >> yes it does. david: that this raid happened? >> this that case i agree with professor dershowitz. david: shouldn't the lawyer and his client be the ones to decide whether he was a lawyer, not some bureaucrat, tick lackly one
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that has interest in this case? >> it shouldn't. in my view the rule, the federal rue says that the privilege team can consist of federal prosecutors unconnected to the case. that is to me still too close a connection. in my view the privilege team, the individuals who decide whether the document is privileged should be a federal judge, district court judge like kim ba wood or a magistrate judge that works for her. should be not somebody in the executive branch interested in prosecution. david: finally those of interest in the fox news committee, cohen named sean hannity, fox news host as another one of his clients. now i would assume that that would mean anything that they find, whether it is fbi agent or prosecutor looking at this stuff that relates to sean hannity would not be eligible to be released to any prosecutor? >> unfortunately no because sean in his, enthousand as -- enthusiastic way, stated i was never really his client. we never had an actual
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agreement. he never sent me retainer. david: why would mr. cohen say he was? >> because the government argued that he only has one client. cohen said more. the government said who. i can't say. i won't believe you until you give me a name. they gave the name of elliot brodie and the l.a. guy and sean. david: thank you very much, judge. melissa. melissa: netflix shares continue to rise after hours following major beat on subscriber growth. the company adding 7.42 million subscribers in the first quarter. of those subscribers 5.46 million are from outside of the united states. netflix shares are up more than 6% this year alone. look at them climbing right there. david. david: war of words is heating up. president trump slamming james comey after the former fbi director hit the president hard in an interview so who comes out on top? bruce turkel, turkel brand ceo coming next.
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melissa: how low can you go? former fbi director james comey taking jabs at the president's integrity in an interview with abc news. >> i don't think he is is medically unfit to be president. i think he is is morally unfit to be president. he lies constantly about matters big and small and insist the american people believe it. that person is not fit to be president of the united states on moral grounds. our president must embody respect and adhere to the values that are the core of this country, the most important being truth. this president is not able to do that. he is morally unfit to be president. melissa: kind of all shaking our heads. the president responding on twitter, slippery james comey, a man who ales ends up badly out of whack. he is not smart. will go down as the worst fbi director in history. who is winning this war of words, i know you are but what am i?
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bruce turkel, the ceo of turkel brands. when you, kind of, i feel like this is the thing that always happens with president trump. if you wrestle with the pig you get muddy and pig loves it, enjoys it. you see people come out and they swing, who is, from a branding point of view, if you're trying to walk away from this, as a, with, i don't know, you know, a better brand than when you started, is james comey better for having written this book and doing this tour? >> well let's look at motivations. first of all, let me be clear. i haven't found an fbi director so uncomfortable, make me so uncomfortable since we knew that j. edgar hoover wore dresses. >> great point. >> that's a great point. >> when you're talking about who is winning, look what they have said. comey is hitting trump where it hurts. he said he is shorter than he looks on tv. talked about his small hands. talked about his puffy eyes.
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we did the things that we know gets trump riled up. trump called him a slimeball, that he is is not smart. those are generic insults. comey is playing trump's game. the bottom line, comey wants trump to keep fighting and comey wants to sell books. you taught me, follow the money. melissa: no, he is definitely making a fortune. for people who want to hear these tales about the president. then you watch him, what he really wants are the speaking fees. he has gotten a book advance. he cashed that check. you never make more than the advance. now he is looking for the beach money. which is he saying all these things and making all these jokes, that people that hire speakers and hate the president will love to have him come by and make jokes at the president's expense, that sort of thing. i wonder, you know, i mean i wonder, could he really only be motivated by money? he seems like someone, he is sort of views himself as someone who heats moral fiber for brakes
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fast? he has a big heal low, wearing a white hat on top of the halo, those kind of things -- halo. he is trying to right his place in history and is that part working from a branding perspective? >> of course. look what he did. he came clean on the hillary clinton admissions. i did it. here's why. let's move on. now although he is using a potty mouth like the president does he is taking a moral high road. using words like the president is a stain on the country. the president is not fit morally. you're absolutely right. i'm the law enforcement guy with the white hat. that is who i am. i look down physically, and metaphorically on the president. melissa: i like that. >> he is getting the president to fight back and look less, and less presidential every time. melissa: i guess. although i think they're both huge narcissists they read
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everything about themselves. no pr is bad pr as far as either of them are concerned. for the american public as they watch all the interviews go by is a single mind out there changed from what they originally thought of either of these people? >> of course. melissa: really? no you call this a war of words. yes. if you think this is game, we're watching scrabble, when the only tiles you have are fs and us. people are one side or the other. melissa: already. >> nobody is behaving well. on either side proud. we don't like this at all. yeah we like the salaciousness. we like fights. we love watching car wrecks and love watching pro wrestling. when it comes to our government and what it says about us this is just plain embarrassing on both sides. >> is embarrassing on both sides, but nobody's minds are changed. if you hate the president, you still hate him. if you liked him, you still like him. everybody are off in the corner, the teams are decided.
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>> the numbers haven't changed a bit, however, let's be clear, comey is establishing who he is for whatever questioning is coming next, right? he is selling books. he is building his legacy and telling the world this is who i am. i'm going to punch back. you will try to hit me, but i will hit back harder. he is letting the prosecutors and defense know this is who i am. melissa: bruce turkel, brilliant analysis. >> thank you, melissa. >> he said he wrote the book for money. he says, why did you write the book. i decided i had to write this one to try to be useful for young people. he didn't do it for the money. melissa: [laughter] david: financial mind behind your retirement planning are meeting in nashville, tennessee, right now. coming up small steps you need to make right now to make sure you have all the money you want when you do retire. ♪ mind on whatever's on yours.
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if his denture can cope with... a steak. luckily for him, he uses super poligrip. it helps give him 65% more chewing power. leaving brad to dig in and enjoy. super poligrip.
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there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare supplement insurance plan, these help pick up some of what medicare doesn't pay. and, these plans let you choose any doctor or hospital that accepts medicare patients. you could stay with the doctor or specialist you trust... or go with someone new. you're not stuck in a network... because there aren't any. so don't wait. call now to request your free decision guide and find the aarp medicare supplement plan
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♪ david: adam shapiro is in nashville tennessee with details what you can do today to plan for tomorrow. adam. reporter: if you have access to a 401(k), roughly 50% of the working population according to employee benefit research institute does but look at what fidelity is saying about 401(k)s. people who have been investing 10 years or more in their 401(k) saw between 2016 and 2017, the average value of the can 401(k) go from $233,900 to $286,700. that is people contributing for 10 years or more. we spoke with different people here at the national association of planning advisors, largest convention you might say of 401(k) people. we spoke with paul diatolo, the president of napa, he told us
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look, if you're going to retire you should be considering a 401(k). >> if you look at studies of younger americans being automatically enrolled in 401(k) plans today, their projections for income replacement is fantastic. i think the 401(k) plan can meet needs of people starting in the work place today, but solving for those people that started a plan in the late '80s, '90s, voluntary benefit, putting in 2, 3, 4%, will not meet needs of that generation fully funding retirement. reporter: look at pew charitable trust who is saving and planning for retirement. millenials 31%. gen-xers, 56%. certainly not nearly as high if there were 100 percent with retirement savings. at least you see some difference where we're headed. back to you. david: because they get all the money from social security, right? melissa: [laughter]. no. no. yeah. david: thank you very much. melissa: remembering an icon.
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david's salute -- david: our salute. melissa: retired marine drill instructor coming up next. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. ...
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dray, when he was younger, he loved to smile; and we knew he would need braces because his teeth were coming in funny. this is the picture that was on the front page of the newspaper. all you can notice is the braces! then, once he got to michigan state, he broke the retainer! my bottom teeth, they were really crooked, and i just wasn't getting braces again. then i discovered smiledirectclub. it's easy to just grab it and go and i can change it on the road. i did photoshoots with my aligners
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in and you can't see them. a smile is a first impression, that's why i think having a great smile is so important. anna and mark are heading into retirement... and a little nervous. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks.
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talk with your advisor about shield annuities from brighthouse financial- established by metlife. >> you will not like me, but the more you hate me, the more you will learn. >> you will learn by the number , i will teach you, now get up, get on your feet. david: that is sargent lee irmy playing out a role he lived in real life he was a marine corps drill instructor, in stanley cooper full metal jacket that's what you saw there , he went on to repeat the role he was born for, many films and tv shows. gunny emory died sunday at the age of 74 due to complications of pneumonia and in 2016 he told fox news after making 70 films the jobs dried up "when hollywood found out i was a conservative."
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that's why i live up in a desert on a dirt road. i don't have to put up with their crap and again i should say melissa or most of what he said in those movies was totally , he was made for it. what a guy. melissa: here is risk & reward. >> the u.s. , the uk and france all standing together, you've heard a chorus of countries coming out in support of the actions that u.s. and herbal lie s took. i think russia is taking notice of that. it's now up to bashar al-assad on whether he's going to use chemical weapons and should he use it again the president made it very clear that the united states is locked and loaded and ready to go. liz: the dow jumping more than 200 points after fears over escalating crisis in syria easing, the u.s. launching missile strikes against syrian chemical plants after a heinous chemical attack there. the pent releasing stunning video as well, but russia now

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