like robotsis. david: they want recognition from the screen actors guild, they want him to join the union. melissa: to be eligible for a award. >> this year is an economic boom that no one expected. >> we're not going to make america great again, it was never that great. >> whatever you think president trump who revised their policies on lower taxes, regulation and energy and trade, you just have to give him credit. >> no more punishing success, no more attacking business. look at the confidence numbers, there is new management in town, i think it's working. liz: dow soaring, best day in 4 months on a strong economy, as democrats continue to push big

government socialism, elizabeth warren with a new bill proposal, a verdict become jury in paul manafort case deliberating his fate. and new york governor andrew cuomo under fire from democrats and republicans for saying america was never that great. president trump saying, cuomo is having a meltdown, cuomo tries to walk back what he said. thank you for joining us and watching, money, politics, we've got the debate behind tomorrow's headlines, i am elizabeth macdonald, the eveninget it edit starts right now. liz: do you powering ahead -- dow powering ahead, that is best day in four months, easing trade tensions with china behind that

push higher, the economy is soaring. walmart and nordstrom coming through with solid reports, sales looking strong, decent outlook. in ordenordstrom up nearly 11% r hours. democrats still pushing big government socialism, proof continues to pour in that president trump's america first pro-business policies are working, looking at the numbers. we knew that economy came in strong 4.1% second quarter gdp growth. and jobless rate, low 4%. in 8 trillion dollars in stock market gains since the president was elected. more of the president delivering on his promise to help all americans. wage growth is stronger at the bottom than the top. he is superbing to fixin' come -- he is pushing to fix income

inequality. here is at democrat's answer, senator warren not having, that now introducing the cannibal capitalism act, giving workers an easier tim to su time to suer company, transfer corporate power back to politicians. capitalism has made america great and paid dc paychecks as well. >> capitalism is one of the greatest things of all-time, people talk about socialism, today there are more people particularly in democratic party that believe in socialism, you look at number of people trying to come to united states, they are coming here because they believe in this country, they can improve the benefits of their family. liz: joining me now, opinion editor, fox news contributor charles hurt.

>> this is kind of one of my favorite candidates this past week's primary that 14-year-old kid running for vermont governor. he is 14 years old, he ran on a platform that not that different from elizabeth warren, you know why? he is 14 years old, and socialism sounds really good to a 14-year-old, and churchill said, if you are not liberal when you are young, you have no heart, and if you are not conservative when you are older, have you no brain. most people grow up, capitalism has plays but it is the greatest deliverer of freedom to people, have you entire party, an alarming percentage, that is now unafraid to go how the in the public and admit, they are

devoted to socialism. liz: you know what is interesting, even obama's former chief economic adviser, saying wage growth has been stronger at the bottom than the top, hard to argue recent wage stagnation is driven by inequality, and a portfolio manager said job growth is greatest among goods producing workers and least educated workers. >> if you want to close the so-called income gap, that is a terrific thing to want to do,. the greatest way to do that is get someone a job who does not have a job. that is what is going on in the economy, you get these people who didn't have jobs before, they now have jobs, they are taking care of themselves their family, it has all kinds of ramifications that are not calculated in these really terrific number, stock market

has bursted government worker pensions. would her policies destroy the pension? >> absolutely, you remember 10 years ago, when george h.w. bush tracked about of -- george w. bush talked about wanting to privatize social security only workers would control, meaning government could not raid those accounts. he got pillaried by everyone, saying he was to privat privatid social security, that not what he was doing, but it was a good bottom line, do you think that elizabeth warren does not have a 401(k) that is invested in stock market? , of course, she does. there is not a person in congress that does not rely on the 401(k) for retirement years, yet that i want to bad mouth

this stuff, and poohpooh the idea that maybe average american worker would like this. liz: let's move to this next story. president trump is lifting the rock with his tariffs on how mismanaged economies are on other country, turkey, the eu, china, and even mexico, investors looking more and more to take refuge here in u.s., that 10-year yield 3.8%, china saying trade walks with u.s. is back on. sending a delegation to washington this month. stock market has corrected down. it made its currency weaker, the products can be easier to sell, a growing debt load, a lot of ghost cities and bridges to nowhere much and saying why should we invest in china. why not make money in the u.s. for a lot less risk with a

stronger dollar, china seems to be feeling president trump's heat. >> without a doubt. i can't think of any other area that of better example of success that donald trump has had. everybody in both parties, become a religion in washington. that any kind of trade war, tariffs, anything like that is a disaster for the american economy. america loses, all that kind of stuff. and so they have allowed china too run rough shod overworkers, industry, steel things, all this for what? 40 years now. and their entire seconds of this country that have been destroyed because of that. and donald trump walked in said, i challenge this, i am not going to agree to your religion, i am challenging in most basic way if this is true. we're finding all that you mentioned. that the economies that he is standing up to are not as strong

as everyone said, all doom and gloom that politicians predicted is not happening. actually we're a lot better off standing up to them. and it takes a guy like donald trump, you know he is not your regular politician. he is not always politic, but he is willing to come in, and reinvent the wheel, come in just try something different. turns out is not a bad idea. liz: wheels were flying off this economy over last 8 years with that subpar growth. regulatory state encroached hard on u.s. economy under obama. trade dealing in works with south korea, and the eu, now close to one with mexico. the eu story is interesting, he pushed back hard, mr. said that in the works he needs a win here.

>> absolutely, i think a thing card that has been in donald trump's back pocket, and he is used very effectively, the fact that people say, he wants a trade war, he said, i don't want a trade war, i want no tariffs, zero tariffs, and fact he is responsibling to make that negot-- is responsibling to make that negotiating point gives him a lot of strength, you are right he has does have to have concrete victory that people can point on. but, i think that you know, fact that the economy is clearly growing at a stead clip, unemployment is lower than memory, that stuff matters more than anything, because numbers are numbers. that means something. liz: that is what jfk said. great to see you come back soon. >> thank you. liz: checking your money.

markets in the green, dow up nearly 400 points, biggest jump since april. u.s. and china trade talks are resuming, get to nicole on the floor of the nyse with the latest. reporter: what a day on wall street, dow jones up 400, they are focusing on u.s. and china resuming talks, and focusing on great earnings, particular from walmart, that helped dow jones gain today, and have biggest close in percentage terms since april. we suwyners -- saw plenty of winner, then tesla that was down today, more than 40 bucks since elon musk's tweet, they are prepping director for details on the tweet. and our own charlie gasparino has been saying that legal team is bracing for dollars in liability tie and lawsuit, and wondering whether he tweeted what he tweeted about going

private to hurt short sellers. >> and trump asking attorney general sessions to sue some pharmaceutical companies that sell opioids. liz: we brought you this story, hackers did steal 14 million dollars from atm machines across 28 countries, in places like canada, hong kong, and india. tonight, a shocking new development that could under cut marijuana. over 70 people overdosing on synthetic marijuana in connecticut. coming up doc seeing ol siegel y are saying the illegal synthetic drug thriving under the pot legislation. >> and coming up, he came in in

refugee flow. a guest who said, watch out california, your sanctuary state laws don't help. >> first a jury out deliberating, asking a question of judge. in the paul manafort trial that verdict become any moment, we'll bring it to you if it does. >> harvard law professorial one- will join me on that. ♪

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>> we live in the united states of america, you are presumed innocent until proven guilty on. we believe the government cannot meet that burden. liz: jury in eighth your of deliberation, verdict in paul

manafort trial become, they just asked a question of the judge, they are about to go home in 15 minutes. robert mueller's case is related to his business dealings back to 2005, over a decade before manafort joined trump campaign. let's bring in harvard law professor, author of the book. he is alan dershowitz. so, what is the fallout for president if manafort is found guilty? >> well, likely he will be found guilty, 92 percent of people who come to trial are found guilty, they have two shots of convicts him, one in virginia, and one in washington, d.c. but statistical likelihood there will be a conviction. some posse of get trump at any

costs are preparing for possibility of a hung jury or a loss, a former federal judge, and defense attorney by trade and back ground very lift wing person wrote an op-ed cast i opg the have for being too favorable for the defense. if this was hillary clinton associate she would be praising positive. they are so determined to get manafort convicted, only reason they went after him to squeeze him to sing or compose again president trump. i can understand why the judge is unsympathetic to mueller. liz: seems that jury asked question about shell company and reasonable doubt. the verdict would have nothing to do with trump. no implications for mueller probe to russian interference?

>> well only implication it has is they would try to squeeze him, and say, look have you two choices, you can die in jail or turn against your former associate, namely the president of united states, most people faced with that choice would rather not die in jail, this is about trump case, but interesting is whether the jury knows, that up to now -- >> what do you think, do they know? >> they have to know. they read newspapers, they read them before they got there, they have spouses and friends, they have to know this is a little bit about trump, his biggest hope is therefore, in northern virginia, maybe there will be one or two jurors who holdout, perhaps a hung jury, a defeat for mueller probe. liz: mueller has indicted or secured guilty pleas for 32 people. mccain said it an act of war. >> it is, i agree it was.

but that is why we should have had a neutral nonpartisan, expert commission looks into role of russia, instead of investigation behind closed durings, and grand jurists. it is a you know a village, easy to get an indictment, never have to prove their case against them, properly they could if they had to, most of these indictments barrineau -- bear absolutely no relationship to the oval office or the campaign or guilty plea because children and others are threatened. prosecution system is so skewed in favor of the prosecution and against defense, and us civil lilibertarians have been making that argument for years.

liz: let's switch gears, president trump story about canceling security clearance for ex-cia director john brennan, revoking it inspired by senator rand paul, he talked about it last july, saying that john brennan on monetizing his security clear answer, leaking to media, ra rand paul said he d ask president to revoke it democrats saying this is san isn attack to brennan's first amendment rights. >> this is a violation of first amendment, this kind of criticism is core protective speech. >> the way that sarah huckabee sanders rolled this out. was almost in a tone to be threatening to the rest of us, in other words it looks to me like an attempt to make us change the things we are saying. >> this had an eerie memory of

an enemy's list, to me smacks of nixonian type practices are trying to silence anyone who is willing to criticize this president. liz: "new york times" o op-ed firing back saying he is trying to scare and silence us. >> i wrote a piece for "the boston globe," a few weeks ago, when this came out, saying it does raise questions under first amendment if president does it selectively, if he said no more security clearances to continue after people leave office that would make sense. or if he set' a commission to decide who is violating the rules of security clearance, but for him to pick 6 or 7 people who are most critical of him, sounds like he is trying to punish them for exercising their free speech right. now it does not have a tremendous effect. liz: quickly, sorry, how does

yanking security clearance relate to their free speech? they can spiet tweet out and cot as much as they want. >> there is no question, but did does impose a cost, for some that say route to a business, whether or not that should be allowed is a broad question we should considered. but president should not use it to target people who are criticizing him. >> update on paul manafort jury, they will reconvene tomorrow, alan dershowitz thank you for coming on we appreciate it. >> thank you. liz: to this story, democrat new york governor cuomo now trying to dial back on his comes that america quote, was never that great. coming up. we have an historian who wants to set him straight. >> first, a disturbing al qaeda arrest in u.s., a central figure of those terror groups trying to get refugee status in california. arrested in sacramento on murder charges, my next guest said that

california sanctuary state laws are not helping, he is california republican gubernatorial candidate john cox, he is fired up about this, he is joining us next, stay there. hey, no big deal. you've got a good record and liberty mutual won't hold a grudge by raising your rates over one mistake. you hear that, karen? liberty mutual doesn't hold grudges... how mature of them. for drivers with accident forgiveness liberty mutual won't raise their rates because of their first accident. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty ♪ that's the same thing ti want to do with you.

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liz: welcome back, a disturbing arrest in sacramento, california, a central figure of isis and al qaeda in iraq. he was arrested on murder charges. reportedly lied on his application for refugee and green card status in u.s. he did not disclose he is wanted for a 2014 murder of an iraqi police officer. and he is an expert in eblowsive devices. he claims to have worked with salt lake city in sacramento for last two years, bring in california republican gubernatorial candidate john

cox, what is your reacted to this case. authorities are now concerned that train migration may have brought him to u.s. they are worried about that. >> they are, they should be. and thank you for having me on. liz. security should not be a partisan issue, we should solve problem, we should have law enforcement work together. this is a pretty scary thing. this guy kne explosives in our e capital. and isis on the last leg thanks to president we have to make sure they are not threatening the people of state, here they are under the noses of our security people. we have to make sure our law enforcement work together with federal authorities to protect us. the number one job of government, liz is to secure the people. that is not a partisan issue.

i don't care about the partisan politics in this, i want to make sure that the people of california are safe. liz: i think -- the left and media keep saying we can screen these guys and catch them, he lied to blend into the flow of refugees. so there could be more isis and al qaeda members like him already in u.s. why california, why did he go to california? what do you think about california and sudden kno sancte policies. >> i think that the fact that there was a conditio sanctuary y policy, now it is a sanctuary state was an attraction for this guy. i think that ar amplifies the rk to people of the state, i think that politicians have to stop bickering and partisan fighting this has to be all about creating a safe environment for the people of this state. this state, has you know put

itself into great risk with all that partisan wrangling. i want to make sure that this state is safe, and we bring law enforce. ing itogether to work together. that is what i have done next world, i am a businessman, i want my people and my business to work together. i am going to do same in government. we have to work together to make sure we're safe. liz: all right john cox, great to see you, sir, come back soon. >> thank you. liz: this story, newspapers running editorials again president trump's attack on first amendment. fighting with president about that president said, it is about fake news, not about first amendment. coming up, we have a guest that says he does not remember papers banding together to protest president obama's crackdown on journalist, washington post glen downey said that obama was worst than nixon, but first democrat new york governor andrew cuomo

trying to dial back on his initial dig against president trump a make america great slogan, cuomo said, america was never that great, my next guest said that cuomo needs to check the history book. he is joining me next, stay there ♪ i'm proud to be an american ♪ where at least i know i'm free throw free ♪ and i won't forget the men who died who gave that right to me ♪ and i gladly stand up next to you, and defend her still today ♪ there ain't no doubt i love this land, god bless the usa ♪

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and president trump tweeting. >> and governor cuomo tweeting back saying: >> let's take it up with presidential historian doug wead, is anything saying we're going to that. >> no, and most people liz, in the world they think of america they think of writ wright broths and landing man on the moon, richest nation on earth full of dream, promise and hope, the nation that won cold war when we were headed toward nuclear annihilating. and they think of internet and cell phones of nuclear power, mass producttion and assembly

lines, and defeated imperial empire and a nazi germany, turned to their own enemies fed hungry children, and rebuild their economy, nobody does that america is a great country. liz: you clearly love america. here is the thing, you see what cuomo is trying to do paint president trump with those, you know saying that he sexist, latest all that. a white is u supremacist, that e theme of the talk shows that we have been tracking. we see what the president is trying to do every day, we notice his tweets. we understand the criticism against them. those tweets have been yanked off the mark what the president has really been saying. is cuomo being pulled further

left by socialist cynthia mixon. but this is doubling down on fringe left ideas when 4 socialist candidates have failed in the primary, is this an issue of centralist democrats getting yanked further left. >> i think it is, they will have to be careful if they want to win election, you don't start by attacking people you want voting for you, you don't call them deplore able, or racist. you have to give them the benefit of the doubt, in jea 19, jimmy carter said there was no confidence, and echoing in background ronald reagan saying that america is great because america is good. who do you think that voters voted for, so yes america is not perfect, there are issues where

social justice that rand paul took lead onow democrats are joining in as if it were their idea. but have you ivanka pushing this, have you jared, have you the president now talking about this social justice. i think that the left is not going to own some of these points. liz: doug, les listen to tom str said, criticizing republicans for trying to get more money for military. saying our military, they have been under funded. >> you go through the budget, every program that ends with a man holding a gun is up 30%, military, i.c.e., police. it is the prison system. and that is not how america is going to prosper. liz: what do you think on this about this tom spire steyer, he.

>> the numbers have changed with raegan medgie wareagan of in poy was on military it has dropped dramatically most spent on welfare, a well the is corporate welfare, not welfare to the poor, that is part of the drain the swamp that donald trump has taken on. there is a lot of inequities, both ways, i know and i have sympathy for both side, but i have to give president on the break here on some of this outlandish language that is being used. liz: you like facts, to get at the truth. the humility in the facts. there is peace and security in the facts, that is why we enjoy your kno insights come back soo. >> thank you, liz. liz: pot industry, a new development that could under cut marijuana legalization movement over 70%, overdoses on synthetic

marijuana in connecticut. coming up doc siegel talk about you on how law en % o enforcemet official saying there is a thriving market dealing with sincsynthetic drugs. liz: and next, president saying, it is about fake news, my next guest said, i don't remember papers banding in to protest president obama's crackdown on journalists. attorney and generalist gregg jarrett is joining me next. >> ♪ ♪ liz:l aretha franklin died of

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liz: welcome back, hundreds of newspaper running pro free ed editorial. here is what president says: "boston globe." and failing "new york times," and then sole by times for big loss, new the globe in collusion with other paper on free press. "new york times" stock closing

day in the green but down for the month, joining me, author of the buck. "russia hoax." legal analyst gregg jarrett, great to see you, fox news and fox business we're about free press and first amendment, we know they are not kno enemy of e people, but i think it is your eeditorial choice for the wall-to-wall coverage on the probes. it was wall-to-wall, he is talking about choices. >> he is. and you know, the liberal media, mainstream media, speaks in unison. they are talking to themselves but alongs way they are persuading some americans who are gul gullible enough that buy into what is the media is

peddling. not gullible, most americans are smart. but unless they are really paying close attention they can be duped, a week ago new york time in front page article said that trump tower meeting was illegal, they did not cite a criminal statute or any law that i'm aware of to justify what they said, people who read, that oh, trump tower meeting, illegal. it is not. and i explained in the book it not conspiracy to fraud the government it not honest -- it is not a violation of the federal campaign election act that specifically says that a foreign national can volunteer information in a campaign. >> jim: we hav liz: w>> you wonder if this proe president's point there is a lot of group think, a lot did back hillary in the campaign. >> they totally did, it obvious

in the way they covered hillary clinton e-mail scandal, she clearly violated multiple felony statutes, yet they accepted her explanation, there were 4 different lies. i point them out in the book, and explain them. and then they absolve her they accepted it as gospel, comey twisted facts and contorted law to clear for for what i believe are political reasons which is obstruction of justice by comey and others. liz: you were here at fox news, i was at fox business we watched president, president obama, really hammering the press, subpoenaed and wanted associated press phone record, and new york time, we mote an op-ed -- wrote an' ed, saying that president obama doing crackdown on reporters on journalists, james rosen of fox news said he was

proclaimed an enemy of the state, obama got a fourth circuit caught of appeals victory saying,down journalists don't have a write to conf confidential sources. >> so, the media is almost redunan to say they are hip create -- lip critical hypocrity are one in the same, president obama lied to american people on. we ran a string, i think 20 times he said, you will get to keep your doctor your policy, it was untrue, and proven untrue, yet media never held him accountable for that. liz: your take on john brennan situation. >> president has unfettered

authority under article ii of constitution for stated reason or no reason to invoke brennan or anyone else's security clear an, brennan has proven time and against he cannot be trusted with such valuable information, he is a leaker, and prone to use that classified information to harm trump, in the process jeopardize national security. liz: he can be invited any time back in future for his expertise. >> right. liz: in the building. >> right. nobody is i abridging his free speech right. liz: thank you gregg jarrett. >> you can get it barnes & noble or bookstores nationwide. liz: corona, invest the $4 billion on marijuana start up, new push by big beer company, to get into pot infused beverages there is a story. we have over 70 people overdosing on synthetic

marijuana in connecticut. near yale university. doc siegel joining us on this dangerous truth tha drug that ig marijuana, that snk. next. how do you win at business? stay at laquinta.

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liz: we all love a corona beer, and a vodka tonic some time, this company, sells those spirits, they invested in a pot company, the thing, there is a real serious issue with synthetic marijuana. that is a big deal. after the story, kids overdosed on synthetic marijuana in connecticut, it is 100 or more time greater potent than thc.

and president trump is urging jeff sessions to sue pharmaceutical to dole with the opioid crisis,. >> people are talking about legalizing pot, great for state revenues, you can tax it but now have you synthetic pot. the cops are worried about the gray market. >> you know you start off by saying people will put into beverages, from canada town here. >> just pot. >> yes, now this stuff, points oughout it will danger, k2, thas what i is in connecticut is 100 times more powerful than thc, have you vomit have problems breathing and blackout and overdose, these kids, 72 of them probably had fentanyl laced k2, it is worse than you thought. and president doubling down on

opioid epidemic. they are in trouble, when you have k2, you try to reverse it in field, it does not work. they get taken to the hospital, they are on verge of dying, they tried the second time. some of them were saved. most -- woe. liz: could they risk brain damage with synthetic pot. >> absolutely, it could cause psychosis. just side effects from marijuana but a hundred times more powerful. liz: you are worried about it? >> i am, a trend in united states where illegal chemists are taking a substance, creating it, doubling it on someone's need that is already there oh, i'm smoking pot let's try this. liz: really dangerous, doc thank you. >> very dangerous, and fentanyl that 50 times more powerful

than. >> stay there. ..

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liz: yuri deliberations in the paul manafort case will resume tomorrow morning. thank you for watching. charles payne is here now with "making money." charles: the economy simply on fire. it's the biggest story and something i have been saying on this show for a very long time. it's all about consumer confidence powering this. larry kudlow explained it. >> confidence numbers, large businesses, small businesses, and consumer confidence numbers are at or near record highs and from the latest surveys are continuing to rise. charles: walmart just amazing.