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tv   Lou Dobbs Tonight  FOX Business  July 27, 2018 11:00pm-12:00am EDT

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"strange inheritance." and remember -- you can't take it with you. folu dobbs. lou: good evening. our top stories, the trump economy booming, and booming by almost every measure. today 4.1% gdp growth. president trump: america is being respected again and america is winning again because we are finally putting america first. lou: economic numbers so explosive even the haters couldn't reasonably defy their strength. many news outlets reported the impressive economic growth rate than claiming without evidence that the strong growth rate of this economy is unsustainable.
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ed rollins is with us to take up the president's stunning historic accomplishments in his first year in office. also the intellectual bankruptcy of the radical left. and they are not only radicals but they are economic no-nogs. and trump derangement syndrome in some cases turning violent against trump supporters who dare to exercise their first amendment rights. we'll show you the disturbing video. the booming trump economy. 4.1% growth. another milestone for this country under president trump. the first time the nation is a
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$20 trillion economy. it's pushing steel and asliewm number further into the stratosphere adding to total gdp. despite the strong showing, the wet blankets of the mainstream media quick to rain on what is a trump and american parade. >> this is good news. but it's not sustainable. you'll see this 4.1% drop substantially one quarter from now. >> the sustain built is a big question. >> the president taking a risk saying the next term be even better or just as good. >> the big question is can this boom last. >> the question is sustainability. >> he thinks there is 4% sustain built, i think that's unlikely. lou: when geniuses like those say it's unsustainable you know
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you can ignore almost every forecast coming from that direction. the president has delivered in his first year and a half in office. not only has he pushed the gdp to 4.1% growth in the second quarter. he pushed unemployment to the lowest level in nearly two decades. african-american and hispanic unemployment rates at all-time lows. the president has signed historic tax cuts, appointed neil gorsuch to the supreme court. repeal the obamacare individual mandate. ' ended the disastrous iranian nuclear deal. moved the u.s. embassy to the israeli capital of jerusalem and the president secured $700 billion in funding for u.s. military, and isis driven from 60% of its territory.
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our nato allies agreeing to new 2% spending targets, and the united states has withdrawn from the paris climate accord and the trans-pacific partnership. nafta being renegotiated while the european union agreed to broker a new trade deal with america, fair and reciprocal trade. illegal immigration at our southern border at its lowest rate in 17 years. joining us now, ed rollins. it's extraordinary to watch that nonsense. not sustainable. >> those things you just listed there are extraordinary. he promised he would do a lot of those things. most of people didn't think he could, but he did. he came within one vote of
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getting total repeal of obamacare. but at the end of the day, if he went home today the country will have a lot more to be thankful for. i think at the end of the day the country will get more accepting of him and his approval numbers are getting higher and higher and will get better as we go along. lou: assess the chances. there is a lame duck speaker. we won't go into the ryan nonsense and the reason they stayed with this frankly incompetent speaker. but they are facing and i election which republicans have almost unprecedented vulnerability. it's already a cycle that is looming with great jeopardy for
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the republicans because they are in power in the white house. 42 seats open in the house of representatives. your thoughts? >> i wish the peaker was not a lame duck. to a certain extent he's one of the ones leading. if you have 42 seats to defend. you are going to lose some of those because whoever is running doesn't have the name recognition and all the rest of it. my sense is still a 50-50 battle. it's not a national election district by district. and what creates a national election is the president's accomplishments. if they talk about the president's accomplishments they can pick up points and keep these seats. if they don't, they won't do well. lou: what do you think about the
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idea of running on the better way agenda. can you believe a lame duck speaker had the temerity to defy the president of the united states, the leader of his party and put up his personal agenda against the president's? >> it creates confusion. the democrats have something very similar. who created jobs? the president's policies created jobs. who has record unemployment, the president's policies. are we a safer nation than we were when he came toib office? we are. is he negotiating in a serious way around the world with people who are strong. america is looked at as having a strong leader. we have a weak congress and ineffective congress. literally 2/3 of the american
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public -- lou: mcconnell and ryan sold out lock, stock and barrel to corporate interests to wall treat, and defying this anti-establishment, anti-status quo. the president who is moving this country so far ahead in such little time that it is breathtaking. look at -- in 8 years of president trump anthe --8 yearsd there was nothing to show for it. ed: he stirred this election up. he stirred the public up. lou: he's being opposed by the resistance ther left. and mcconnell and ryan. >> a former secretary of state said to me, i said is your
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governor governor going to run against him again? he said he is, but he has no support in the state. he says he has no support. trump has more support by the moment and i think that's the caveat. lou ra -- lou: why tolerate? i don't understand why president trump as the leader of the party doesn't insist that ryan get the hell out. i don't understand why he's tolerating this resistance. it's important that he be strong in the face of a vladimir putin and kim jong-un and xi jinping. it's just as southern to be that strong and focused and directed in dealing with the malcontents and recal recal i transof the .
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ked edare he need to get money for the wall and let us move forward. if we screw around for another month or two or three and not get a budget and not get a wall, they will all be in jeopardy. lou: the sub text will in the mid-term elections, not 4.1 gdp growth. it's going to be the focus on what he hasn't done. and what he hasn't done is what ryan and mcconnell won't let him achieve. and that's build the wall. ed: that's exactly right. if you can find $8 million fromr for farmers -- for farmers, or $12 million, you can find $25 million for the wall. lou: they dock that it that
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readily. mcconnell and ryan are already blowing the budget. what they are doing to this president right now is setting up the party for even further dmajt mid terms because they are attacking the best news they have got for reflects mid-terms. ed: to lose in this environment a mid-term election is just absurd. lou: the national left-wing media says you don't love your country if you oppose the mueller special counsel. >> the american people were attacked. that can't happen again. the idea that there are members of congress or whoever trying to stop an investigation from going forward into what happened so we can make sure it doesn't happen again? it's weird. it's unpatriotic. lou: unpatriotic.
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wasn't president obama in office during that period? didn't he have a responsibility to respond and be patriotic? i don't think tapper should call presidents unpatriotic, do the day after chemo shouldn't mean going back to the doctor just for a shot. with neulasta onpro patients get their day back to be with family, or just to sleep in.
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lou: the special counsel revealed 35 names as potential witnesses in the trial of former campaign manager paul manafort. among those, former bernie sanders campaign advisor who previously worked with manafort. devine assisting the special counsel in the prosecution of a trump advisor. of course, beat hillary clinton. the candidate who helped cheat his guy sanders out of a democratic mom nation he's supporting. remember the clinton campaign executed a secret takeover of the democratic national committee in 2016. the clintons exchanged money for
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control. and the president correcting the record this morning. quote i did not know of the meeting with my son don, jr. it seems to me like someone is trying to make up stories to get himself out of an unrelated jam. he even retained bill and hillary's crooked lawyer. gee, i wonder if they helped him make the choice. chris farrell of judicial watch. here we are, the special counsel is after paul manafort. that's our headline today. a year and a quarter almost since the special counsel began his journey through this extraordinary rabbit hole that we have been treated to. what's this got to do with
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anything? >> nothing. it's about something that happened 10 years before the 2016 campaign. i just wish, i hope the same level of scrutiny will be applied to the podesta boys. they are in the same boat, apparently as mr. manafort. and there is a thundering silence. lou: except for the squeals of delight. tony podesta given immunity. >> if there was equal justice under the law there would be adjoining cells. lou: why in your judgment is there no reaction seemingly from the republican party about what is happening here with the democrats? you have got bernie sanders' former campaign advisor helping the special counsel go after manafort and this guy and his candidate were absolutely
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cheated out of a fair contest for the nomination by hillary clinton and her campaign. >> it's the very definition of political opportunism. this is looking down the road to the next campaign and the next committee chairmanship. lou: i am asking for their integrity. >> if you are looking for integrity in washington, d.c., it will be a long search. this is the daily fare in this city. lou: i know i may appear otherwise, but i am not a babe in the woods. i have seen a thing or two. there has to be some repository of integrity and the national and public interest in washington, d.c., because it doesn't exist with the special counsel, that's clear. and it's clear that mcconnell
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and ryan are part of the problem and have no interest in solving anything. >> they are not part of the problem. they are the problem. they have a constitutional duty to engage in oversight in all these matters, and you seat most of anemic, what threat i can leadership from them. they have an affirmative obligation under the constitution to engage in oversight and they are awol, they are asleep at the switch. lou: on the part of the congress and the republican conference. they are tolerating a lame duck speaker who is defying the president of the united states. who is rolling him on many of his agenda items and fighting him more effectively than the left and the dems it seems in our economy and our society and body politic who are engaged in
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resistance, opposition, obstruction. >> the head of the republican party is donald j. trump. i think it might be an opportunity to have a chat with mr. -- there is an opportunity to correct the problem. and the head of the party can do that in his own way. lou: rod rosenstein, paul ryan wouldn't even -- dismissed 11 of his house members because he thought it was being capricious to bring articles of impeachment against rod rosenstein who has been absolutely obstructing the congress and stonewalling the congress in their oversight efforts under the constitution. >> they have every right to do
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so and they should press forward. the problem is there is such weak leadership. it's so bad. what they don't want to do is take out the sill they are bullet of impeachment and have it fail. so they will set off a half me sure of contempt. look at holder in contempt. what happened there? nothing. lou: there is a record here, isn't there. chris farrell, we appreciate it. be sure to vote in tonight's poll. the question is, do you think d.c. experts, pundits, establishment media sorts who presume to lecture 0 trade, tariffs and within monetary policy with our booming economy makes them look like fools.
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up next, the cad rall dems new socialist darlings giving us a disturbing look into the future of the democratic party. >> if people pay their fair share, if we reverse the tax bill and raise our corporate tax rate and implement a carbon tax on top of that. then the last case repriorityization. lou: we'll take a look at that and much more. how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com
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armando: i am a veteran, i lost both legs in vietnam. announcer: as america's veterans face challenges, dav is there.
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armando: my victory was getting my benefits and a good education. announcer: dav helps veterans of every generation get the benefits they've earned. wade: i'm a veteran, i didn't want to admit it, but i have ptsd. announcer: so veterans can reach victories great and small. wade: my victory was finding help and learning that i wasn't alone. announcer: support more victories for veterans, go to dav.org. lou: she well may be the face of the democratic party, alexandria ocasio-cortez says she knows how to pay for her costly socialist promises. >> if people pay their fair share, if corporations and the
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ultra wealthy, for example, as warren buffet likes to say, if he paid as much as his secretary paid, 15%, and if we reverse the tax bill and raise your corporate tax rate to 28% which is not as high as it was before. that's $2 trillion right there. lou: ocasio-cortez didn't explain how she got that number, but said this about our military budget. >> last year we gave the military a $700 billion budget increase which they didn't even ask for. lou: the defense budget was actually increased by $61 billion, total budget of $700
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billion, because this president is committed to rebuilding our military. joining us tonight, kimberly strassel, a member of the editorial board of the "wall street journal." good to have you with us. i'm watching tore ke -- watching ocasio-cortez, i'm thinking people should send in money to assure she stays in that role. >> think about what we just heard. we got gdp numbers this morning. 4.1% for the second quarter. we are on track to have 3% annualized growth, something we have not had in more than a decade. yet you listen to this faction of the democratic party. ascendent faction. not only do they want to reverse everything that got us to that
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position. making individuals pay higher taxes and saddle corporate america with one of the worst tax rates in the world. and she wants a new tax, a carbon tax on top of it. i don't know if they are living in another planet where things aren't getting better, or they don't care about the state of the average americans. lou: at least she thought about the fact that there will have to be some system of payment and revenue. bernie sanders was simply dismissed that part of the equation. and the republicans, they are running on prosperity this year and trump. trump's prosperity. and as i look at these numbers, they are so impressive, and the dems are talking just as hillary clinton did, higher taxes, we have the socialist program where everything is free, the
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republicans have 42 open seats and a lame duck speaker who seems determined to defeat as many of those 42 as possible and turn over the house to the dems. >> well, look, if you dig into those numbers, one of the most of encouraging things is a lot of it was driven by consumer spending. that means americans are feeling good. if republicans can grab on to that message and do more incremental tax reform, get a supreme court nominee confirmed and seated by will change the balance of the court for a generation. they have got as good a message as you can get. it will be tough because they have a lot of seats up in the house. and you have had interference in pennsylvania. a couple of those seats they have given to democrats because
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of the state supreme court rules. but i think they are headed into a mid-term with a better message than anybody could have expected. lou: claire mccaskill in missouri, she is pursuing a scorched earth policy as far as prevailing against the republican attorney general there. what do you think will be the outcome? >> what's happening in missouri ways you see happening in the senate races everywhere. precisely for the reasons we just said. republicans have a good message. democrats are struggling. they don't have an issue to run on so they are doing what they do best, which is personal attacks. the attorney general is relatively new to politics. he doesn't have any skeletons in
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his closet. so she is going after one of his donors. a private citizen expressing first limit rights views, and it's a real scorched earth policy and i don't think it will help her in the end. lou: kimberly strassel of the "wall street journal." up next. alex jones suspended by facebook and youtube. pastor robert jeffress will be here. stay with us. still a chance here. it's willingham, edge of the box, willingham shoots... goooooooaaaaaaaallllllll! that...was...magic. willingham tucks it in and puts the championship to bed. sweet dreams, nighty night. as long as soccer players celebrate with a slide,
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lou: freedom of speech under attack by facebook and youtube. alex jones band from facebook for 30 days and youtube for 90. the platforms take down four video. they say the videos encourage physical harm and attack someone based on religious affiliation or gender identity. joining us, robert jeffress. his church celebrating its 150th anniversary this year. let's talk about what's going on on twitter and facebook with leaders who think that their politics should be the determinant values of their
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respective organizations which are platforms for free speech public discourse. >> it's very frightening and threatening. the speech that needs the most of protection is probably the speech that seems most of hateful and disgust together majority of us. what is deemed as your opinion could be somebody else's definition of hate speech. there is an effort to suppress religious beliefs, religious speech, and i think as somebody said. the most of important freedom is the first freedom, the freedom of speech and religion. lou: i think that second amendment protects all of the other amendments and the constitution itself. it's hard to -- to might many hard to apportionweight amongst the bill of rights and the constitution itself.
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this constitutional republic requires all of those rights protected from being infringed upon. how do you react to twitter president dempsey making the coments comment's going to stop hate speech with another commit dee and their executives disappear when the public is watching the stock plummet because of their past practices that weren't even known. this is a public company and those practices and what they were doing with user data was basically unknown to the investing public. >> i think this warrants investigation, lou. and again our whole foundation for society is the freedom of expression. if i could you just turn this just a little bit to the whole issue that your producer sent me about this religious liberty idea and what the president is doing on that track.
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about a year ago he made a commitment at our religious' freedom rally in washington, d.c., and he said he bleached religious liberty is not a gift from government, it's a gift from god. we see he is acting on that belief. he's helping pastor brunson in turkey. the state department called for religious liberty around the world. that's why evangelicals love this president. they don't care about russia or the cohen tapes. they care about this pro religious liberty and pro freedom platform of this president. lou: the country has every reason to be supporting this president irrespective of their religious views. it's extraordinary to see the hate that is out there. i think there is perhaps a
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greater role, a more energetic role for churches and all religious organizations in this country. and that is to assert their values in the public square because this hate toward this president is unprecedented. it is ugly. it is unlike anything we have ever, i think in my reading of history, it's unlike anything we have ever seen in washington, d.c. >>it is. and it's being fueled by the mueller probe. as long as the mueller probe is allowed to question the legitimacy of this election, i think delays time when an end needs to be put to this mueller probe. there will be hell to pay but we can hunker down. lou: everybody minister, pastor,
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rabbi in this country say to their flocks, it's time to end this nonsense. an attack on the constitutional republic means the end of our religious freedom and the end of our constitution. this has got to be stopped. and we have effectless coward lid leaders on capitol hill who need to stand tall. it's not a time for weak spirits and weaker minds to be leading the nation. >> why don't you come preach for me this sunday, lou, that sounds like a good sermon. lou: i know you will be able to handle that without a problem. i'm asking for yours in the public square. was that a commitment? >> will do it. amen, lou. amen. lou: virgin galactic closer to taking tourists to space after the launch of its commercial
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spacecraft. >> beautiful black sky, amazing view. that's a million dollar view out the window. virgin's vss unity and reaching speeds of 2 1/2 times the speed of sound. richard branson says he will be offering rides to space to tourists this very year. that is an extraordinary isment for a ticket to ride. be sure to vote in our poll. do you think the d.c. experts and' establishment media sorts hop presume to lecture president trump realites our booming trump economy likes them look like how can i say this word gently, fools. cast your vote on twitter
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@loudobbs. up next. growth soaring as the american people feel the effects of prosperity and trump economics. president trump: during each of the two previous administrations we averaged just over .08% gdp growth. now it's over 3% and it could be substantially over 3%. i have to tell you something incredible. capital one has partnered with hotels.com to give venture cardholders 10 miles on every dollar they spend at thousands of hotels. all you have to do is pay with this at hotels.com/venture. 10 miles per dollar? that is incredible. brrrrr! i have the chills. because you're so excited? because ice... is cold. and because of all those miles. obviously.
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lou: breaking news from the west coast. associated press reporting 125 homes destroyed in a deadly wildfire near redding, california. two firefighters killed in that plays. it's only 3% contained. turns out it's not safe to be a trump supporter in west hollywood. a youth supporter wearing full trump gear at hollywood's walk of fame star to see how people would treat him. he found out. punches thrown within minutes. the left-wing assaulters grabbed
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the camera because the youth pastor was wearing trump jersey and u.s.a. emblazeoned hat. gina, your reaction to that ever increasing violence from the left. >> it's appalling, lou. i don't know how words can encapsulate my real thoughts on that. where is maxine waters and you reported on alex jones facebook account being shut down for supposedly inciting violence with pastor jeffress. why isn't maxine waters' facebook account being shut down? i think we should be -- this is the kind of thing she is
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responsible for by not condemning this sort of thing. >> lou, this is something we have been sphreeg the left for a long time. it's on the college campuses and we have been reporting on it for a long time at campus reform where trump supporters are assaulted. do you recognize you never see people of on the right assaulting people on the list for their political ideology. it's time the attorney general start prosecuting people for the oppression of free speech because that's what it is. lou: you raise an exact point. if wheels people -- they are behaving like klu klux klan members. where is the justice department and civil rights attorneys. these left-wing thugs are attacking citizens and denying them their civil rights.
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where is the cry from the aclu. why in the world aren't democratic figures, you mentioned maxine waters. where is chuck schumer? where is mayor deblazeio. where is dianne feinstein? they are silent. >> it's one of two things. it's crazy out there. it really, truly is. lou: is that the title? >> it's called "mad politics. ask." it, like they are trying to sell my book for me. it gets crazier every single day. they are in total crazy denial like we are talk about in other forms of mental imbalance, or they are knowingly inciting violence. either way we are at a scary point in our history.
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>> they are able to do this -- i'm not encouraging violence. i'm from texas and just moved here to d.c. we don't see this type of stuff in texas. but when you live in california and they have been doing everything they can to limit everybody's rights to bear arms. it leaves this opening. this was a full-blown mob attack one guy. and he didn't have the ability to defend himself, lou. lou: he set out to make a point and he made it at great risk and pain to himself. in effect -- in texas, folks ins basically i think have a very good expression around the second amendment. if if you know everybody in the state is carrying a gun or likely to, you continued to have
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a little more respect for one another. >> but, lou, you happened to this young man. remember the drink got thrown in the face of the young man at the whawhat --at the whattaburger. he's still affected by this. lou: throwing a drink in somebody's face is one thing. getting the hell beat out of you is another. i hope the right doesn't turn into a bunch of daffodils. >> if they did do that on the right, lou, would i be one of the first people to condemn it. the people have the right to say the whatever theo they want to
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say -- they want to say without the fear of violence. the attorney general needs to get involved. lou: if we could find out where he is from time to time, it would be helpful. thanks so much. up next, twitter, its stock plunged in what has been a disastrous week for social media companies and technology. we'll have more coming up here next. stay with us. how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com
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who's already won three cars, two motorcycles, a boat, and an r.v. i would not want to pay that insurance bill. [ ding ] -oh, i have progressive, so i just bundled everything with my home insurance. saved me a ton of money. -love you, gary! -you don't have to buzz in. it's not a question, gary. on march 1, 1810 -- [ ding ] -frédéric chopin. -collapsing in 226 -- [ ding ] -the colossus of rhodes. -[ sighs ] louise dustmann -- [ ding ] -brahms' "lullaby," or "wiegenlied." -when will it end? [ ding ] -not today, ron.
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lou: president trump today chairing a meeting of the national security council addressing electoral integrity and the threats against it. saying the united states will hold accountable anyone who interferes in your election saying the president has made it clear this administration will not tolerate foreign interference in our elections from any nation state or other malicious actors. philadelphia will no longer give immigration and customs
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enforcement to its arrest data base. the sanctuary city's mayor made the announcement today accusing of i.c.e. misusing the information to target people in this country illegally. i think we don't quite follow you, mr. mayor. the mayor saying i.c.e. makes it more difficult for the police department to solve crimes it's good to hear they still like to solve crimes in philadelphia, despite the mayor's attitude. on wall street stocks closing lower. the nasdaq down 115. and the dow gaining more than a 1.5%. twitter stocks down nearly -- twitter shares down nearly 21%.
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the company lost a million users in the second quarter. twitter recently removing millions of fake accounts and shadow banning conservative voices. >> announcer: from the fox studios in new york city, this is maria bartiromo's "wall street." maria: welcome to the program that analyzes the week that was and positions you for the week ahead. i'm maria bartiromo. imax ceo joins us. plus a preview of my exclusive interview with vice president pence. reporter: the biggest economic news of the week was friday's gdp report it was

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