tv The Evening Edit FOX Business May 4, 2018 5:00pm-6:00pm EDT
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now what this has to do with filling empty seat in an airplane i know not. melissa: because patsy's has a restaurant at the airport. it's fun, come on. david: well i love pizza. new york pizza is the best. melissa: the evening edit starts right now. president trump: you just saw the recent poll that came out 51 or 52, the highest level i've ever been at. how does that happen when you only get bad publicity how does that happen? >> [applause] president trump: that's because people realize, that's because people realize that a lot of what you read and a lot of what you see on telivision is take. >> the dow soaring closing the day up more than 300 points after apple sparks a tech rally and and addressing the national rifle association annual convention in dallas today and the president slamming nbc news over its report that trump
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attorney michael cohen had been wiretapped by the feds and president trump sounding off on the mueller probe a witch hunt saying nobody wants to talk to special counsel robert mueller more than he does. and if you thought the meeting would be fair he would override his lawyers, tonight an all-star guest line up, former british prime minister david cameron strategy director and host of fox news the next revolution, steve hilton on the president's comments today. washington times opinion editor charlie hurt, and gun advocate stacey washington and conservative comentator all here tonight. political, money, we've got you covered i'm john layfield i'm in for elizabeth macdonald, the evening edit starts right now: the dow ending 3,332 points higher today, 24, 262, with apple adding 46 points alone to the blue chip index plus major
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averages rallying more than 1.25 % after april's job report eases inflation worries but first president trump speaking at the nra convention earlier today. with me now is blake burman live at the white house with the latest. blake? >> hi there, john and president trump vowed to protect the second amendment at his speech before the national rifle association in dallas just a little while ago. the president once again reiterating he would like to see some teachers within schools be armed. the president gave a i guess what you could say was almost an hour-long campaign-style speech talked about the economy as well , touted how the unemployment rate has cracked the 4% margin for the first time in nearly two decades. before the president left for dallas though there were two major headlines, despite his attorneys, the president said he would sit down with robert mueller for an interview with one main condition. president trump: i would love to go, i would love to speak but i have to find that we're going to
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be treated fairly. wait, wait, i have to find that we're going to be treated fairly , because everybody sees it now and it is a pure witch hunt. >> the president also denying he's changed his story about the $130,000 hush money payment made to stormy daniels. money the president and his lawyers now say came from his funds. last month, the president denied knowing about the pay off. president trump: we're not changing any stories. all i'm telling you is that this country is right now running so smooth, and to be bringing up that kind of crap and to be bringing up witch hunts all the time that's all you want to talk about, you're going to see, excuse me, excuse me, but you have to, excuse me, you take a look at what i said. you go back and take a look you'll see what i said. well now the president and his team of lawyers say the president reimbursed his attorney michael cohen on a monthly basis forex pences and the president only recently became aware about the money
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that went to stormy daniels. rudy giuliani tried to clean-up some recent comments that he made the other day by saying in a statement today "there is no campaign violation the payment was made to resolve a personal and false allegation in order to protect the president's family." it would not have been done in any event whether he was a candidate or not. john? >> thank you, blake. president trump declaring special counsel robert mueller's investigation into the trump campaign's russian connections and other alleged miss deeds a political witch hunt. with me now is former british prime minister david cameron strategy director and host of fox news the next revolution, steve, welcome to the show. it seems to be throw you under the bus friday. you had the president throwing mayor guiliani under the bus, last night mayor guiliani throwing michael cohen under the bus, but from all of this is this mueller investigation and mr. mueller is not saying anything you've got this federal judge accusing government of lying to get this witness to turn against a president, is
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this a witch hunt? >> i actually think it's worse than a witch hunt because it is an organized political counter- revolution, what is going on here with this mueller investigation i think is the establishment not just the political establishment but the stability in some of the senior levels of law enforcement in the security services all refusing to accept the result of the 201g to get president trump out of the oval office before the next election trying to do it through undemocratic means and meanwhile in the real world, as we saw today, the president is delivering a good performance that is actually improving the economy, it's improving relationships with key allies and it's solving some longstanding problems, and so it just feels so bizarre that we have this soap opera going on with all these legal cases, while actually if you look at the performance of this administration, it is incredibly successful. >> speaking of the soap opera, steve, you dialed it up for me.
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president trump also appearing to walk back some of rudy giuliani's comments about the payment to stormy daniels saying guiliani started on the job and maybe wasn't aware of all of the facts. president trump: so rudy knows it's a witch hunt. he started yesterday. he'll get his facts straight. he's a great guy, but what he does is he feels it's a very bad thing for our country and it happens. >> steve, can you make sense of any, what the heck is going on? everybody is throwing everybody under the bus. they're talking about rudy giuliani whose there who doesn't know all of facts and then rudy giuliani said michael cohen had received the money and michael cohen said repeatedly he never received the money. can you make anything of this? >> well, i'm not sure i can, but i'm not sure that that really matters, because as i said it's the underlying things that really effect people that are moving in the right direction. now if you talked specifically about the back and fourth this week, do you know what really stands out for me? and i think it's a positive
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thing, is that you've got donald trump probably the most transparent politician ever to walk the stage in american politics certainly the most transparent to be in the white house and he just says what he thinks and he's completely open and it's all being played out, you know, live for us in realtime. it's so different from what's gone on in the past and that's why it's easy to label it as chaos and confusion and all the rest of it but in the end, it seems to me that they're confident about the underlying position now in the legal case which is that he didn't do anything wrong, and okay, some of the people involved may have misspoke en from time to time, but in the end there's nothing really to be worried about because the facts are in their favor. that seems to be what's coming out from them. >> steve it's not really fair for you to talk to a southern boy. i say this all the time about stuart varney with that english accent you just sound more intelligent than everyone else. you are an intelligent guy but it's not fair to us guys, but i
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want to ask you about north korea. the president also criticizing previous administrations for mishandling of countries like north korea. take a listen to this. president trump: for years they've had this problem and everybody has said sort of oh,, don't talk, don't talk. please don't talk. the last administration had a policy of silence. don't talk. u mayake them and him angry. don't talk. if a horrible statement is made about the united states, don't say anything, we have no comment same thing with iran. remember? we're signing that horrible deal and they're marching in the streets saying death to america. i said who signs a deal when they're marching saying death to america? >> is the president right? he now says a date and location have been set for a summit with the u.s. and north korea but it hasn't been disclosed, i think anybody would have believed a
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few months ago that denuclearization is actually possible in north korea, is this the most progress that we've seen certainly in our lifetime in north korea? >> yeah, and on other issues and i think fully off that clip there goes to the heart of the difference that donald trump is making and could potentially make even in other areas. i've worked inside government. i've worked alongside traditional politicians and the senior bureaucrats and the diplomats and i just know what when they hear donald trump either as candidate or as president coming out with these remarks that are so different from the usual diplomatic protocol they throw their hands up saying look at this guy he's such an amateur how can he behave like this but actually what he's showing is that his way of doing it is delivering far more quickly and delivering far more positively than their conventional way of doing the diplomacy and he's really showing them up after all what they did for so many decades
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ended up with north korea getting a nuclear weapon so when he makes those joking remarks he actually makes a very serious point about doing things differently, actually, getting results and that's why he was elected to shake things up and do things differently. >> and that different measure was heavily criticized and it appears to be working on the korean peninsula. i want to ask you about china after the u.s. delegation spent two days in beijing led by treasury steven mnuchin the wall street now reporting the u.s. and china failed to bridge sharp divisions on trade but president trump was optimistic. watch this. president trump: we're going to have some incredible trade deals announced. my people are coming back right now from china, and we will be doing something one way or the other with respect to what's happening in china. >> steve, i was going through your twitter timeline today which is very entertaining by the way but you had a tweet i want to ask you about and this is what the tweet said. steven mnuchin is an idiot. these remarks on skills and ai
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are embarrassing it's obviously training workers for the skills they need for the job for the future is a massive priority. is steven mnuchin, he's the one, if this is the way is he an idiot? >> he is on this issue. he was talking to our friend and colleague maria bartiromo, she said to him, that was sweet she said look all the business leaders that i meet, maria was saying, they're actually starting to complain of a skills shortage that they can't find the workers with the right skills to fill the jobs and do you know what that does? that puts pressure on immigration, one of the key pleasures of this administration is to reduce immigration, and so you've got a choice. when you've got business that's booming, partly as a result mainly as a result of this administration's policies and that's good news with the deregulation an lower taxes so the economy is roaring away, great. what that means is that businesses want to hire more workers. if they can't find the workers with the skills they start demanding that we import them from other countries at the same time even though we have low
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unemployment you've also got still millions and millions of people sitting on the sidelines because they don't have the right skills to do the jobs. what does that mean? the number one priority is to train the workers, american workers, to take the jobs that are becoming available because economic growth and steven mnuchin said oh, it's not an issue. it's no problem they can find the workers. he's so out of touch with reality of what's going on as a result of their own policies it's completely ridiculous. >> if he's that out of touch on this, steve scalise he the right guy to be leading these negotiations with china and the right guy to be leading the treasury? >> he's not the only one involved in the china negotiations. i'm very pleased to see the president put strong china hawks into his team and he's the first president for decades, was actually realized the gravity of the situation with china, not just on trade, but actually with the ambitions for global domination, in technology and so on, and economically they've set that out the chinese are being clear about that and we've caved into them for years and years and years. the president is saying no we've
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got to stand up to china and it's not just mnuchin it's peter like peter navarro and the trade representative and i think they've got a much tougher attitude towards china and that's really important because it's the big strategic question for the world. >> much tougher attitude no doubt about that so far not very good results coming from that attitude but still early in the game. be sure to catch steve's show the next revolution this sunday at 9:00 p.m. eastern on fox news let's check your money major stock averages ending in the green today nicole petallides is on the floor of the new york stock exchange with the latest. nicole? nicole: we've got a rally right at the end of the week the dow jones industrial average finished higher by 332 points, 29 or 30 dow components were in the green, we saw apple leading the way the s&p and nasdac also in the green, but the s&p and the dow did not finish higher for the week only the nasdac gain. let's take a look at apple new high there as warren buffett's berkshire hathaway scoops up
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75 million shares, pandora jumping about 20% after their quarterly report shake shack new high and 200 names in the news and that was twitter and tesla both retire with twitter saying change your passwords they were not necessarily encrypted and of course tesla, elon musk coming out explaining his actions on that conference call. back to you. his twitter exclamation was as interesting as that conference call nicole. thank you very much. the jobs number came out today great news, but former obama advisor says president obama is the one who should get the credit. we'll show you what she says, but first, president trump saying a probe is a witch hunt and now it sounds like a federal judge agrees with the president. we'll tell you what he says, up next. president trump: the numbers we virtually ever had, and yet, all we hear about is this phony russia witch hunt. that's all we hear about. >> booo. into retirement...
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[ whirring sound ] you want a cookie? it's a drone! i know. find your phone easily with the xfinity voice remote. one more way comcast is working to fit into your life, not the other way around. president trump: judge ellis, who is really something very special i hear from many standpoints, he's a respected person, suggested the charges before the u.s. district court for the eastern district of virginia which is part of the mueller teams designed to pressure mr. manafort into giving up information on president donald trump in the campaign i've been saying that for a long time, it's a witch hunt. >> president trump and praising a federal judge in virginia for questioning the motives of special counsel robert mueller's case against former trump campaign chairman paul manafort. here with the details is fox business edward lawrence.
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edward? >> yeah, the judge t. s. ellis iii grilled special counsel robert mueller's team at a hearing in virginia against president trump's former campaign manager and now the judge wasted no time in suggesting that mueller wanted unfettered power and possibly trying to just bring down the president. the judge said, "you don't really care about mr. manafort. you really care about what information mr. manafort can give you to lead you to mr. trump and an impeachment or whatever." the president also quoted the judge today. president trump: how does this have anything to do with the campaign, the judge asked. let me tell you, folks, we're all fighting battles, but i love fighting these battles. >> [applause] >> now the judge also asked to see the unredacted scope memo that shows thecope ofhe russia probe in general. he gave them two weeks to produce that document and now
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the special counsel's investigators and attorneys argued that it was deputy attorney general rod rosenstein that gave him broad authority to go after paul manafort for these charges and crimes that date back to 2005 while they still the judge ellis questioned the scope saying if anything leading to this 18-count indictment for tax and bank fraud did not arise from the special counsel's investigation therefore may not fall within its bounds. now the indictment does show that mr. manafort is acused of crimes trying to hide tens of millions of dollars that he made from campaign candidates & companies that were pro-russian who belong or in the ukraine. now, his team is trying to get these charges dropped. john? >> edward thank you very much. with more on this federal judge challenging mueller's case against manafort let's bring in washington times opinion editor and fox news contributor charlie hurt. look the judge here makes an incredibly valid point just as the president reiterated, the bank fraud of 2005 and 2007 had
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zero, zero to do with the 2016 election. this is the government trying to get something on money a fort so that he will turn and be a witness for the government. is this not a gross over reach by the mueller investigation? >> i think it is without a doubt. obviously we've not seen the original document that outlines the scope of the investigation, because its been blotted out, but or what we have seen is blot ted out, but there's no way that, you know, that anybody would have given this kind of latitude or should have given this kind of latitude to an investigation like this, and you know, step back and look at this . this is an amazing situation. we have an unaccountable special counsel whose running around doing this investigation. this prosecutor is not accountable to the executive branch, is not accountable to the legislative branch he's accused both of them of trying to extort him, and saying he will not, rod rosenstein said he
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will not be a victim of extortion from these people. i mean, that's staggering and now you have the judicial branch coming down. these are huge constitutional issues, and the founders of this country would be keenly interested in all of these developments and when you have a prosecutor that goes before a judge and starts claiming some secret powers that i have that i can't tell you about, holy cow. >> the judge even gave the espn -- come on, man. this is outrageous, the fact that they don't care about manafort. if he did this crime he certainly should be punished for it but they don't hear about that. all they want is a witness against the president. it just attacks the credibility of mr. mueller and the entire investigation which leads you to believe that this could be a witch hunt but the problem is mueller has not said anything, so at the base of this, at the very center of all of this, you don't know what's going on. is this going to be the witch
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hunt of the century or is this something that comes out that is actually proved that this investigation was worthwhile what is your bet? >> well we just have to stand on the sidelines and pray that mueller is a decent upright honorable person, and our government was not built to just sit back and pray and trust that someone is a decent upright person. we have checks and balances for a reason and those checks and balances have been completely blown away and you make a great point, john. obviously if paul manafort is guilty of anything of real crimes have at him just off to the races with him but even a guilty person has certain rights , prosecutors have to obey certain rules and no matter how guilty the person might be or how bad the crimes might be, and that's not happening here. this prosecutor is just doing whatever he wants to do and again, going back to claiming these secret powers oh, i have this power but you can't see it because it's secret. it's hog wash, and thank
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goodness that you have a judge and i pray that there will be many more judges who step forward and throw the flag at this guy. >> yeah, there's no recourse. there's no comeback. these guys are doing basically whatever they want. jay edgar hoover had the same powers and went after the beatles. sometimes you need the investigators themselves to investigate and thank goodness the judge stood up to this guy because the government has done this by the way for years to get witnesses to turn. charlie thank you very much for your time appreciate it. thank you. >> terrific stuff. president trump slamming nbc news over its report on michael cohen yesterday. is the media too quick to jump on negative stories about the president but first president trump getting reception at the nra today. radio host and gun advocate stacey washington joins me next. president trump: your second amendment rights are under siege , but they will never ever
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president trump: in america, we trust the people to be wise and to be good, we trust them to take responsibility for themselves, their families and their communities, and that is why in america we've always trusted the people to keep their own. president trump reassuring national rifle association members at the 2018 annual meeting the second amendment rights are safe in the midst of a national conversation on gun law reform let's take a look at gun stocks interesting to note that when the president rose to speak at the nra all finished in the green all those stocks were up during that time joining me now advocate and conservative radio host stacey washington. stacey welcome to the show what was your take on the president's speech? >> i loved it.
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he hit so many different points. he started off with throwing some love since they're in dallas and he moved to talking about illegal immigration and he hit a lot of high points and went off script a little bit and cracked some jokes and then returned to the red meat issues we all love most of which are things that americans are really counting on the trump adminitration to make some movement on during their first couple of years in office, the trump adminitration, so he talked about hardening schools, he talked about trusting gun owners, and maintaining gun rights for americans, not infringing on them. he was very very complementary to the national rifle association itself and he assured them, which i'm a member of the nra that he would not allow the gun lobby, the gun control lobby to have a lot of leeway with his administration. >> the second amendment is the right to bear arms, but you can't own nuclear weapons so there is a limit to the arms that you can bear. i'm a gun owner from the state of texas.
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there's no poster child for the second amendment but the nra to me i think loses a lot of steam when you guys defend the rights to own automatic weapons to me there's only one reason you have an automatic weapon that's to kill somebody and remember this is coming from a gun owner from the state of texas. i think you should have as many rifles and shot guns as you can. why does the nra spend so much focus on defending something that seems to be at least from the outside in indefensible and that's automatic weapons. >> i'm not sure what defense of automatic weapons the nra has mounted other than, so automatic weapons are actually heavily regulated in this country and are very difficult to get and new automatic weapons are not manufactured for sale to regular citizens, so if you're talking about semi-automatic weapons. i apology, yes i used the wrong nomenclature. i apology, yes. >> okay, sure, so semi- automatic weapons include almost all handguns, and a large
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number of the long guns that are in use, so we're talking about more than just the ar-15. the reason that the nra defends the use of those weapons is because the semi-automatic weapon, it's all the handguns except for pistols, and a lot of the long guns. >> but the ar-15 itself i'm not just trying to pick a fight with you it just seems to me that the nra loses political clout by defending something like that the person has a right to own that particular weapon. do you disagree with that? >> i own that weapon, yeah, i own an ar-15. >> for what? >> i also own other long guns, so that's like asking why do i have so many pairs of cow girl boots, why do i need an ar-15? because i'm a woman so i have less muscle mass than a man and an ar-15 has less recoil and it is a standard home defense long gun. i just don't understand why people, whether you own guns or
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not, if you are an nra member or not, if you believe in the second amendment or not, why there's such an obsession with a r-15s when the same type of capability is available in other long guns that don't have that name, so it's a slippery slope. the reason why i'm against banning ar-15s is because it's always the first bite, with banners, with people who want to control guns, they take one tiny bite and that's banning ar-15s and then they expand it, so what we really need to look at is mental health and we need to look at taking away those gun free zone signs and arm schools and a list a mile long of things we can do more effective than coming after me and my ar-15. we're going to agree to disagree on that but i admire the nra for standing up for the second amendment we just disagree on the ar-15 stacey thank you very much for coming on the show tonight. >> thanks, john. >> employment is 3.9% the lowest in 18 years we're breaking it down by markets,
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economic overhaul britt oil settling down around $71 a barrel and now this unemployment numbers are in hitting 3.9% with over 160,000 jobs added last month the low it's unemployment rate since 2000. it had been 4.1% since october. joining me now, the two smartest guys in television, gary b. smith and jonas max ferris. gary b, i'll get it right today beauty before age. when you have to explain a joke a day later it's just not funny. wasn't funny yesterday. i want to talk to you about oil prices this has to do with the i po saudi arabia needs so bad. is saudi arabia mainly because of the bottleneck occurring right now in west texas is saudi arabia able to control oil prices enough to take it to $80 a barrel and is that what you see going forward this year? >> i do not. there is right now we have
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bottlenecks here but we are what the first or second largest producer now of oil in the world once those bottlenecks get freed up, you know, these opec countries have tried to have a monopoly since the 70s mostly unsuccessfully other than the times i was waiting in a gas line in high school in 1973-197g freed up. i actually see gas prices coming down over the next few months, john. >> very interesting, because the saudi arabia to me, it's a solvency issue and they've lied about these quote os anyway. nobody actually adheres to these quotas so they've been taking out of the equation by west texas shell and going to the jobs number former obama senior advisor says we should credit obama, president obama for low unemployment. listen. >> look, i think we have to look at it over a longer horizon than that. if you think about what the economy was like when president obama took office and we were losing 750,000 jobs a month, and
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watch the unemployment rate dropped in half and it's encouraging to see that we're continuing to make progress. >> jonas, first of all, who cares who gets credit. this is america. we got americans that have jobs right now, and the people are arguing over who gets political gain but as far as who gets credit for this at least now the jobs number at 3.9% is president trump the one that's spurring this on right now with his cut in regulation and cut in taxes? >> the last move down look i don't think presidents deserve a whole lot of credit ever for the job market it's more like how much damage are they doing to the naturally low unemployment america would have if we didn't have bad policies but if you had to mix the true policies of obama and trump in a deep recession where we had double-digit unemployment, doing the cash for clunker stuff but now with a strong economy you can focus on things like corporate tax rate and you have 10% unemployment these companies were losing money anyway so the policy mix we got lucky we had
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like the fdr type stuff and now we're getting more of the trickle down and i think that would have been bitter than the flip flop version so we're all getting lucky with it. >> if it goes to 3.8% it's the lowest since lyndon johnson over 50 years which is huge going up in the mid-terms which historically the president's party tends to lose 38 times the president's party loses seats in the house. gary b., apple is something that warren buffett had chose to stay away from tech but they hit an all-time high, after warren buffett revealed that berkshire hathaway bought 75 million more apple shares last quarter. >> you know, this reminds me of i don't know if he still has a big stake in gillette or what was gillette for many years, but he loved that model because it was a razor blade model. it wasn't so much it was the number of the blades people had to buy to replenish the razor.
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that's kind of what apple is evolving to now. it's not just an iphone business that's still the big bulk of it but it's migrating to the subscriber business. i'm betting every one of us here uses either the app store, itunes, apple pay, any number of their subscriber services which is almost double, in fact tripled over the last year to 270 million. that's where the growth is at. if they can continue to exploit that i think buffet is right. this is going to be another growth story, apple 2.0. jonas, you talk about these 270 million gary b. just pointed out people subscribed to something apple phone whether it's hbo service or streaming itself you have 1.3 billion active users right now in apple globally. netflix to me is the one that loses out on this because you have amazon as well with 100 million prime members you get so much more for that movies , music, free shipping and
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with apple, you get so much more than just the content from video , like you get on netflix. does netflix are they able to compete with this? >> histories diplomat, that's for sure. i think that's why buffet would only own a stock like apple in the tech area, those are the business models that are very exciting when working but could very quickly not work, when you control all of the users with the platform and they're not leaving the platform unless samsung invents a magical device that's much better, just the amount of time for apple gets the right mix go very big in content it's such a big company you don't think about it but to grow against them ignition when the phone device is theres is very difficult and a dangerous business. it could work its been very successful. >> they own a hand essential. they own your brain at this point, so to the gillette thing, it's as if the razor if you drop it in the shower took $200 to fix it, and it's got that core business model that makes it utility just in replacement and
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then the controlled content so it's very low risk without major technological evolution which is why buffet doesn't go into tech and he even got ibm stock because that company doesn't have that power any more. always great to be back with my bulls & bears gang. gary b. and jonas, thank you very much. don't miss liz claman's live coverage of the berkshire hathaway annual shareholder meeting in nebraska. liz is spending the weekend with warren and will interview mr. buffet himself on monday all right here, on fox business. coming up, twitter says you need to change your password now, we'll tell you what went wrong, and rudy giuliani making new statements today over the stormy daniels case we have a statement and what president trump has to say about it all here next.
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having to wear braces for 5 years because he never made it to appointments, because he was busy playing basketball. if he missed practice, he don't get to play in the game. 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. smile direct club fits into my lifestyle so well. the liner is so great. it's easy to just grab it and go and then i can change on the road. i did photoshoots with my aligners in and you can't see them. i wish smile direct club would have been around when i was paying for them. i wouldn't have to take him out of school. i wouldn't have had missed work. it's like a great feeling to have good teeth. a smile is a first impression, that's why i think having a great smile is so important.
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he's a great guy, but what he does is he feels it's a very bad thing for our country and he happens to be right. >> it's throw you under the bus friday former mayor rudy giuliani, today clarifying a series of comments saying that payments to stormy daniels would have been made regardless of president trump's candidacy saying "there is no campaign violation the payment was made to resolve a personal and false allegation in order to protect the president's family. it would have been done in any event whether he was a candidate or not" this as president trump blasts nbc, "nbc news is wrong again. they cite sources, which are constantly wrong. problem is, like so many others the sources probably don't exist they're fabricated, fiction, nbc my former home with the apprentice is now as bad as fake news cnn. sad. " and nbc's parent company comcast stock closing the day in the green up over 3% let's take
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it up with washington times contributor eric schiffer. curt i want to start with you. this just seems right now, a bit of disarray in the president, you had rudy giuliani come out and it looked like it came out in the wrong way. he first disagreed with michael cohen's assertion that the money was never paid back and then the president now coming out and saying that rudy giuliani didn't have all of the facts. is this a sign of a lack of cohesion in the white house? >> no, it's a sign of pushback. it's a sign of pushback on what's clearly a witch hunt. you may have heard what that federal judge today did to mueller and his crew and the manafort motion to dismiss. he just laid him out and beat them soundly. it was brutal. this is a witch hunt. this is a scam. this is a fraud. there is nothing there and i am very very very pleased that the president and his legal team are
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beginning to act like this is what it manifestly is, a scam, and it ought to go away. i think they're doing a great job. what the federal judge we talked about earlier in the show to me that was absolutely outrageous the allegations he made against the government using manafort in that way and a crime from 2005 to talk about this 2007 16 election to me it's a gross over reach but when you go to nbc news, eric this to me, nbc is just trying to have damage control. how does this happen, how do they put this out, don't have their sources verified and come out and have to cover up what they should never have put out to begin with. >> well, it's tough, and unfortunately, the move, you know, the news moves so quickly and i think that it hurts their credibility. there's no question about it. i think that they're going to move a lot slower the next time and many of these people said it was bogus and proved to be
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guiliani himself said it was bogus and that's the kind of thing i think that just it irks and frustrates conservative s because it seems like if there's any chance to get the president, anything that's going to hurt the president and in any way, the media will likely jump on it, and that's what we're seeing and it's another case. >> curt and eric fortunately both you guys for the next segment so please stay right there you'll be right back with us. another social media security issue. twitter now advising all of its 330 million users to change their passwords, how can we protect our personal data? that's next.
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over 300 million users change their passwords, after the company discovered a bug that inadvertently saves user passwords unprotected. twitter closing the day in the green up over 1%. back with us is curt is and eric schiffer. eric, how can we better protect the privacy of internet users isn't this a matter of more regulation or is this a matter of the companies themselves regulating themselves? >> well, i think that this is tough. i mean the whole issue of cybersecurity, many of these companies are dealing with a very challenging situation and i don't think it's going to go away. this is a cat and mouse game with hackers et cetera. we don't know exactly what happened here we just don't but what we do know is that it's always good to be safe to be changing your password anyway, and i think that at least twitter was in front of it. again, we don't know what exactly occurred, but be safe, change it regularly make sure people at home, the people that your friends and family are
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doing the same. curt, facebook has been in the news when you talk about regulation specifically in europe probably the regulation will come first but they're talking about bias allegations about facebook and the news that comes on but i go on facebook today and find the flat earth page which proves the earth is flat and a big foot exists page and you can't regulate stupid so at some point you're an attorney where does personal responsibility end for this so-called fake news and where is it facebook' responsibility to try to protect the consumer from themselves essentially? >> well john first of all i'm still upset because now i have to change my password to password 1. >> [laughter] >> but look, it is not facebook 's responsibility to tell people what they can and can't say. facebook should be an open marketplace and if you want to put out that the earth is flat, and if you continue on, you will continue off the edge into space , that is fine because i believe that human beings
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especially the american people are smart enough to know what's stupid and what isn't but more nefarious more frightening is when they get into ideology and if they start using their political power, that is to control political speech, we're going to see the people whose speech is being controlled use their political power in congress, to regulate these companies. the companies need to step out of the business of trying to tell people what they can and can't say. americans, you need to step up and be able to deal with ideas you don't like and thoughts that offend you. that's the answer, freedom. >> and certainly looks like regulation is coming at least as far as the european union is concerned curt and eric thank you very much you guys have a wonderful weekend. >> thank you. >> we'll be right back.
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john: don't miss liz's coverage of the berkshire hataway shareholder meeting. it's all here monday on "making money." charles: stocks soaring today with the dow with its best day in four weeks. the unemployment rate falls below 4% for the first type since 2000. all this as trade talks heat up. i'm charles payne. we begin with the blockbuster economy. job growth expanding. employers added 164,000 jobs in april. the jobless rate in the united states falls to
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