tv The Evening Edit FOX Business September 24, 2018 5:00pm-6:01pm EDT
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that is the thing. i'm not sure they are from all the media accounts that you have now. melissa: they hear the background noise. if there is smoke maybe there is fire. watch martha mack, you will hear from him and his wife. >> gripping. "the evening edit" starts right now. >> i'm out. this is enough, this is just isn't worth it. john: supreme court nominee brett kavanaugh talking to fox in exclusive interview responding to latest allegations that he sexually assaulted someone in college, talking exclusively to fox. he talks about whether he remembers the alleged yale party described and democrat attempts to throw out his nomination. we have exclusive sign. money, politics, we have delate behind tomorrow's headlines. i'm john layfield in for liz macdonald. "the evening edit" starts right now. snow ♪.
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>> the dow dropping more than 160 points on trade concerns and reports deputy attorney rod rosenstein is on his way out. more on your money in a second. first, supreme court nominee brett kavanaugh talking to fox in an exclusive interview saying he will not be intimidated withdrawing his nomination amid new sexual allegations. a new woman claimed that kavanaugh exposed himself as a drunken dorm party when the two attended yale. that will be on martha maccallum "the story" on next news. reporter: we know that the two now accusations against sexual misconduct against brett kavanaugh while he was in high school, and while he was freshman at yale in college. kavanaugh denies both of them calling it a character assassination.
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>> the truth is i have never sexually assaulted anyone in high school or otherwise. i'm not questioning and have not questioned that perhaps dr. ford at some point in her life was sexually assaulted by someone at someplace but what i know i have never sexually assaulted anyone. reporter: and that is an exclusive interview that will air at 7:00 p.m. on fox news channel on "the story." kavanaugh went on to further dedefend himself. >> i was never at any such party. the other people who are alleged to be present have said they do not remember any such party. a woman who was present, another woman who was present, who is dr. ford's lifelong friend has said she doesn't know me and never remembers being at a party with me at anytime in her life. reporter: for her part dr. christine ford, the first accuser of kavanaugh when he was back in high school saying that
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kavanaugh tried to secondly assault her while she was at a party, she wrote a letter to the judiciary committee chairman, senator chuck grassley saying she is frightened to testify but the committee will get all of her answers and they will fairly answer them. she did say she would like to see the process go on fairly. now senator lindsey graham for his part says the committee released, he released a very harsh statement about this whole process saying what we are witnessing now is the collapse of the traditional confirmmation process for the supreme court nominee. he says democrats have replaced it with delay and a game of character assassination. john? john: edward, thank you very much. for reaction we go to fox news senior judicial analyst, judge andrew napolitano. judge, 36 years ago we can never get to the truth what actually happened. it is he said/she said, it is matter of whose credibility that you have more faith in the judge or dr. ford. can we get to the bottom of
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this? >> i don't think it is a reality that this actually happened. it is who is more credibility at the end of the day. there are no rules on thursday. other than that the republicans have 11 votes, democrats have 10 and chairman grassley presides. the issue at the end of the day, not did this happen which of the two is more believable? is it dr. ford and her allegations or judge kavanaugh and his denials? i would have counseled him not to go on here even though our own network and deny an allegation that hasn't yet been made. right now the only allegation we have is letter she wrote to senator grassley and an interview she gave to "the washington post." what he needs to deny every nuance of her behavior under oath before the senate committee on thursday and, we don't have that yet. but the bottom line is at the end of the day thursday, what is the public perception? who is the more credible in the
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allegation or in the denial, dr. ford or judge kavanaugh? that will carry the day. john: seems to me we're deciding this based upon partisan beliefs, a lot speaking out whether republicans or democrats. >> if you don't like him or don't like donald trump you're inclined to believe her and vice versa. john: why wouldn't we just like anita hill, joe biden gave a reses, investigate the allegations, took about 10 days. >> has been agreeing with you and critical of my dear friend senator grassley for not involving the fbi. the fbi says they could do it in 10 days. when they do an interview. it is not just of dr. ford, but everybody to whom she sends them. not just judge kavanaugh. it is everybody to whom he sends them. they go to three layers. the principle witness, dr. ford, whoever she send them to, whoever they send them to. so they give a package to the senators. let me tell you, i think that
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this had it been done, would have actually helped judge kavanaugh because when arlen specter, the late great, arlen specker demolished anita hill in his cross-examination of her in 1991, this is the clarence thomas anita hill hearings. how did he demolish her? she told a different version under oath to the committee than she did at fbi. she did what we call as trial lawyers impeaching her credibility. both versions can't be true which one do you want us to believe? we don't have that here. the chair denied involvement with judge kavanaugh. john: she is on martha maccallum tonight on fox news. i want to listen to an exclusive sound bite from the interview here. >> i want a fair process where i can defend my integrity and i know i'm telling the truth. i know my lifelong record and i'm not going to let false accusations drive me out of this
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process. i have faith in god and i have faith in the fairness of the american people. john: again, judge, this goes back to credibility, doesn't it? whether you believe him or not. >> this interview which obviously was with the blessing of the white house, because he can't, sitting federal judge can't do this on his own, is an effort to, to slow the drumbeat of the allegations that we keep hearing. the article by ronan farrow, the allegations by michael avenatti, things that have enhanced the allegation by dr. ford and i guess they feel that public opinion is going to be significant here. it shouldn't. the decision should be made on, is he qualified because the president gets to nominate whoever he wants to, if he qualified or is there someone thing in his life disabling notwithstanding the qualifycations? the senate makes that decision,
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not public opinion. john: clarence thomas vote 52-48, closest of all time. this would be 51-49. why, reason it is so important the supreme court of the united states of america but now you elect a judge, expect him to vote a certain way according to political bias. judge john roberts stepped outside of that mold voted for health care bill that people didn't expect. why is it political bias affects the way these judges interpret law? >> it should not but this is a court of last resort. it is the court of last resort. so there is no appeal from it. so even though judges on this court are traditionally faithful to the law as it was when they joined the court, we call this stare decisis, a fancy phrase the decision is already made, we will not change the law. they have the ability to change the law according to their predilections. it doesn't always go the way the person appointed them wanted to
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go, like chief justice roberts on obamacare. dwight eisenhower, said of earl warren, voted against everything i wanted. i know this feeling. when you put a black robe on the rest of your life, you're liberated even from the forces that got you that black robe. john: that interview is tonight. martha maccallum at 7:00. play you another clip where the judge is talking about how he won't let accusations dissuade him. >> did you guys ever look at each other say i'm out, this is enough, this just isn't worth it? >> i'm not going to let false accusations drive us out of this process and, you know, we're looking for a fair process where i can be heard and defend the my integrity and my lifelong record. my lifelong record of promoting dignity and equality for women starting with the women who knew
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me when i was 14 years old. i'm not going anywhere. john: what do you think happens, judge? does he get confirmed? >> again it is going to depend upon what the general impression is, who is more credible at the end of the day thursday, dr. ford or judge kavanaugh. ask me this, what happens if it's a tie? i think if it is a tie he loses. he has to be more credible than she was. because we're in, we're in an era where, you cannot conduct an arlen specter-like cross-examination of her in the me too era. republicans have all white males on the judiciary committee. the specter of a male cross-examining a female as aggressive as arlen specter did anita hill 27 years ago wouldn't wash today. the backlash against whoever conducted that cross-examination would drive them from office the next time they're up for election. john: fortunately judge, i got you back after the commercial
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break. >> my pleasure. john: it is a good day. you can see martha maccallum's full interview tonight at 7:00 p.m. eastern on the fox news channel. take you to the markets and a check on your money. the three major indices ended the day mixed the dow falling 181 points. susan li on the floor of the new york stock exchange with the latest. susan. >> losses to start off the week here at the new york stock exchange. the dow losing ground as well as s&p 500 at the lows after the rosenstein news hit the tape. it was about trade-heavy industries, materials, industrials, weighing down on the benchmark. we got a lot of deal news to react to, comcast winning bidding war for sky news. $22 a share hefty premium and 38 plus billion dollars, and loads up comcast balance sheet with a lot of debt of the they win bidding over disney and fox. siriusxm paying 3 1/2 billion dollars including debt for
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pandora. getting into streaming which is higher margins than satellite radio. back to you. john: see, susan. calling out for democrats against kavanaugh and staying silent on claims against congressman keith ellison. we'll have the sound. first a lot of back and forth on deputy ag rosenstein. the latest now he will meet with president trump on thursday. fox business has the latest after this. >> i think this is exactly why i support senator feinstein's request that we slow down this process, have the independent professionals of the fbi actually investigate these concerning new allegations. ♪ so a tree falls on your brand new car and totals it. and as if that wasn't bad enough, now your insurance won't replace it outright because of depreciation.
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moving "saturday night massacre." >> there's a bureaucratic coup against president trump. >> that special counsel rod rosenstein is in charge of the budget, the indictments, all of the charges that are brought. he is the key figure. >> before the election the people in question tried to taint the election, tip it to clinton's favor. after the election they're trying to undermine the president. >> rod rosenstein should have his fair day in court. if rod rosenstein really talked about wearing a wire, then for sure he should be fired. >> we need everyone engaged in helping achieve president trump's mission. >> if you're not, you should take the time to go do something more productive. john: president trump will neat with rosenstein on thursday after conflicting reports about the deputy ag's departure. rosenstein at the white house earlier today in previously scheduled meeting. comes days after "the new york times" reported rosenstein suggested wearing a wire during meetings with the president and discussed invoking the 25th amendment to premove president trump from office.
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joining me live from d.c. is edward lawrence in d.c. reporter: sources are saying that rod rosenstein, deputy attorney general, asked for a meeting because of news reports that have gone out this weekend. that meeting will be on thursday. what happened is the is "new york times" reported at a meeting last year rod rosenstein apparently said he wanted to try to get cabinet support together to invoke the 25th amendment, to remove the president from office. during that meeting rosenstein went further, apparently according to "the new york times" he would wear a wire in order to record the president. now fox news has sources that say they were in that meeting saying that the wire comment was sarcasm from rosenstein. now rosenstein had a meeting at the white house today. at that meeting chief of staff john kelly walked him out to his car. the president not giving away what is next for the deputy attorney general. >> meeting with rod rosenstein on thursday when i get back from all of these meetings. and we'll be meeting at the white house and we'll be
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determining what's boeing on. we want to have transparency. we want to have openness and i look forward to meeting with rod at that time. reporter: democrats quick to defend rod rosenstein. representative adam schiff tweeting out today, under no circumstances should rod rosenstein resign. this would place the mull per investigation in even greater jeopardy. rosenstein should continue to do his job, protect the independence of the doj. democratic senators are calling for independent bills in order to save and protect the russia probe. in fact senator kristin gillibrand saying today in a statement, the senate must step up to protect the special counsel immediately. we must pass a bipartisan bill to protect the mueller investigation. rosenstein is still in his job at department of justice. all eyes looking forward to that meeting that will happen on thursday with the president. back to you, john. john: thank you, edward. u.s. ambassador to the united nations nikki haley and mike
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pompeo weighing in on rosenstein today. take a listen. >> i have never once in the white house where that conversation has happened. i'm not aware of any cabinet members even talking about that. it is completely and totally absurd. >> i've been at center of this administration along with lots of other folks for, from virtually day one or actually day three or four, i never heard anyone talk about it, whisper about it, joke about it in anyway. john: joining me with his take fox news senior judicial analyst judge andrew napolitano. judge, appears the president is in a bit of a quandary here. if he fires him he looks political. if this is true he should be fired. >> i could not agree with you more. the president is quite right to say i haven't heard all the answers. one version is, rod rosenstein was so disturbed when the president asked him to help find a reason to justify firing jim comey, and the president said, give me a memo on this. he slapped together something that looked like a first-year
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law student wrote it. gave it to the president's general counsel and thought it would sit. there after firing comey the president published that memo which caused him a lot of derision in the legal community because it wasn't refined product. two days later, or a week later is when this conversation allegedly occurs where he says what do you want me to do, wear a wire? the other version is, he was dressing down andrew mccabe who he has never liked, who since has been fired and was probably going to be indicted by the department of justice by a grand jury for perjury. and the what do you want me to do, wear a wire, obviously a sarcastic redress to mccabe. not a suggestion of something he wanted to do. three of the four people in that room said it was sarcastic. one didn't. mccabe. so we don't know where this is going to go. a lot of conservative and republican leaders, don't fire
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him now. this will cause a firestorm you don't need six weeks before the midterm elections. but you know the president. quite frankly, here i agree with him. if he believes that there is a person, high-ranking in his administration trying to undermine him, that person has to go. john: obviously someone in the administration undermining him. somebody is leaking all the stuff, whether it is true, sarcastic, whether it is a joke. >> only five people are at the meeting. three backed up rosenstein. the fourth is rosenstein the fifth was mccabe. john: what happened to the rosenstein investigation. if he steps out, solicitor general. >> i don't think anything happens to the mueller investigation at all. bob mueller is guided by legal ethics and federal law. they can't stop or alter or even expand a criminal investigation now just because they have a different boss. john: you can't stop this investigation at all, can you? it has been going on seems like
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forever. is there every an answer to this? >> yes. i don't know when. certainly not before the midterms. you stop it when you pursue the evidence, decide whether you have enough evidence to prosecute or report it to your boss and then to congress. john: seems like a zero-sum game with this investigation. they will have smoking gun or biggest witch-hunt in history. doesn't seem like anything -- >> tormenting the president to know end. he is of the belief that none of this would have happened had then senator sessions said, i can't accept my dream job as attorney general because if i do, i might be a witness in the investigation they started against you in the obama years. those are the documents that the president wanted to publish. he was just persuaded not to publish them. who persuaded him of that? rod rosenstein last week. john: going to be interesting day thursday, isn't it? >> yes. i want to be a fly on the wall when rod rosenstein goes to the oval office as well as watching -- john: that is reality show we need. judge, thank you very much.
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>> pleasure. john: calling out democrats for being biased against kavanaugh but staying silent on physical and verbal harrassment claims against democratic congressman keith ellison. we have the sign. secretary of state mike pompeo says we'll win the raid war against china. we'll see what economist ben stein thinks. he is hear to weigh in next. ♪ what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not ford. i think it's ram. is it ram? not ram. that's a chevy! it's chevy! that's right. from the family of the most dependable, longest-lasting full-size pickups on the road. gorgeous. chevy hit it out of the ballpark with these.
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>> translator: being here and having this meeting really speaks volumes of magnitude of our relationship -- [inaudible] [speaking in native tongue] >> translator: we have a long-standing relationship over the years now and and mr., president, our relationship has -- [inaudible] >> i want to thank you. i want to congratulate you, doing an outstanding job with respect to terrorism. working very hard. and you're at the forefront -- [inaudible] [speaking in native tongue]
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[speaking in native tongue] >> translator: support, mr. president, we're able to -- we'll be able to eliminate the terrorism. this has been your obligation that you made very clear -- john: that is the president, president trump participating in a bilateral meeting with the president of arab republic of egypt in new york. joining me economist ben stein. ben, i want to ask you about these bilateral agreements. we have secretary mike pompeo. that china is hurting. we'll win the trade war. first of all, do you think tariffs is the right thing to do to deal with the steal of
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intellectual property and do you think the trade war is winnable by us? >> i don't think the trade war is winnable about us and i'm worried about the stealing of intellectual property. unless i very doubtful very much wonder why we got into this fight with them in the first place. they are a first class power. they are a power been very good to us, by and large with, many, many exceptions and, they are power that takes our, huge surpluses they run up with us and not always but often buy u.s. treasurys, buys u.s. treasurys with the money. that has been a great, great help to us. i don't think we want to pick fights with china unless it is absolutely necessary. it is not absolutely necessary. john: ben, i want to ask you about that. the fight with china. it seems like we're getting entrenched, both of us are. doesn't seem like there is an off-ramp here. not sure about tariffs, most of the market disagree with tariffs. i disagree with the tariffs. president has done a wonderful job on economy.
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but i have issue with tariffs. how does president xi save face, how does president trump save face, how do we get out of this? >> typically have a bilateral commission of china and american experts and discuss the subject, talk about series of things that would take 10 years to manically meant. everything will be slowed down, not exit ramp and slow down zone and in a slowdown zone and stop fighting and arguing with each other and we'll pretty much get back to the way business was before. we're not going to beat china. we don't want to beat china. china is our friend. they are incredibly important power. there is no underestimating them whatsoever. there is no overestimating i should say. they are so incredibly important. let's not fight with them. let's make peace with them as soon as we possibly can. if they steal a little bit here and there, in terms of intellectual property, so be it. they're doing an incredibly great job in helping the world's economy grow. and helping the u.s. economy
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grow. think of all the things you can buy at walmart made in china? they're dirt cheap, of good quality. we have to be grateful to them. john: sounds like to me you're in the camp with art laffer, these trade deficits to you are not a big deal? >> no, i'm in the camp with art laffer about that but not in camp with art laffer about supply-side econmics. i'm very much in the camp with him about tariffs. tariffs are not a great idea. tariffs denied as good idea by adam smith, greatest economist there has ever been. he did that over 250 years ago. he is totally right even now. tariffs are not a good way to approach economic problems. john: ben, i want to get your thoughts on another big story today. after big back and forth. attorney general rod rosenstein is not resigning or being fired at least not yet. meeting with president trump thursday. secretary of state mike pompeo telling fox people undermining the administration just leave. here's the sound. >> we need everyone who is engaged in helping achieve
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president trump's mission. i hope that everyone in every agency, doj, fbi, state department, is on that mission. if you're not, if you're not you should take this time to go do something more productive. john: ben seems to me one of the problems is somebody is releasing this. this obviously didn't come from rod rosenstein releasing this somebody is releasing this to harm for the administration works for the administration seems like. should this person whoever it is, or group of people, is there anything you can do about that? seems like we have always had something like this? >> we always had something like this but not as bad as this remember the department of justice historically was a political arm of the presidency and was not always considered bipartisan or fair or impartial or just. it was done, it was the president's law firm and they did work for the president. that somehow the department of justice has changed and become an anti-trump law firm and are working to undermine him. that does have to change. we cannot have an important part of the government working to
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undermine the president and if the president cannot find out who those people are, at this point he should bring in the fbi to find out who those people are. this is serious matter, to have the trump administration be undermined by its own justice department is very serious matter indeed. not a he joking matter. almost like a coup d'etat for the justice department to be working to undermine the president. john: ben, always a pleasure and honor to talk to you tonight. >> pleasure to talk to you again, sir thank you very much. john: secretary of state mike pompeo blasting iranian leadership for blaming the u.s. on a attack on a iranian military parade that left 25 people dead. calling out for democrats kavanaugh and staying silent on claims against congressman keith ellison. republican congressman jeff diehl backing kavanaugh's speaks
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out. >> wouldn't the concern about kavanaugh and more credible since democrats were talking about charges against (roger) being a good father is important to me so being diagnosed with advanced non-small cell lung cancer made me think of all the things that i wanted to teach my kids. (avo) another tru story with keytruda. (roger) my doctor said i could start on keytruda so i did. with each scan things just got better. (avo) in a clinical study, keytruda offered patients
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in this kind of behavior. as far as keith ellison, these allegations need to be investigated and appropriate action taken. john: jake tapper calling out democrats speaking out sexual misconduct claims against supreme court nominee brett kavanaugh but staying silent on claims against connect ellison. geoff diehl, who is backing brett kavanaugh's nomination is with me now. talk to but the politicizing this. accusations of sexual assault this. is very serious, if true, i can't speak to the veracity of congressman ellison or veracity of the claims against mr. kavanaugh either, but it is politicized that to me is despicable. shows how bad the politics are. do you think kavanaugh can get any type of resolution here, right or wrong based upon how politicized both sides have become? >> john, the senate needs to
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move forward to do the approval process. at this point after thursday, if we continue to have unsubstantiated claims, then this really is just a circus and democrats are basically trying to stall to affect midterm elections. my opponent fund-raising off of this. she taught at harvard one class paid $350,000. she seems to the due process portion of what constitutional law is all about. democrats need to look inward with her own congressman ellison and listen to the games against him. john: you have reports coming out that the democrats will ask things as far as back as teenage drinking if that had been the barometer none of our founding fathers were teenage drinkers and adult booze bags would not be founding of this country. seems crazy we're going this far politicizing politicizing this. this is very serious charge, the supreme court of the united states this is huge deal going on. do you think first, judge
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kavanaugh gets confirmed and do you think we'll be able to come out of this with some type of clarity from both sides? >> i think, john, we do see judge kavanaugh get approved by the senate and moved forward. it is a sad time to see people who basically can come out of the woodwork at the 11th hour, almost stroke to midnight, on nomination when he was a appointed to the second circuit court years ago when the approval of democrats and republicans it if there was any claims, that should have been the time these came out. clearly motivated by politics at the national level. again you've got democrats really doing this to just try to again stall and affect the midterm elections. try to resist every way they can the president. john: congressman, switching gears, a lot of back and forth on deputy ag rod rosenstein. the latest he meets with president trump thursday. that will be a big day thursday. do you think he should, or do you think he will be fired thursday? >> i think deputy attorney general has no place making jokes if they really were jokes about invoking the 25th
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amendment. my opponent elizabeth warren talked about invoking the 25th amendment, but willing to wear a wire to try to entrap the president of the united states seems to me this is fireable offense, really of the highest order. john: and, did you think anything that is going to come out of this as far as the mueller investigation because he is the one heading up the mueller investigation? if he stepses out then your solicitor general steps in. this investigation has gone on forever. seems like this will add to the length of that? >> i was always asked about the mueller investigation, i said it should go forward but i would hope the mueller investigation would look inyard at fbi and agents within the fbi trying to undermine the president. it hasn't taken that direction. i think mueller investigation is closing in on basically showing there was no collusion with russia. i'm hoping all of this ends. that is separate from rod rosenstein. he seems to have stepped beyond thinks role there as deputy attorney general. john: the investigate the investigators.
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i think that should be done in a lot of places, congressman. thank you very much for your time. >> thanks, john. john: coming upstate state blasting iranian leadership blaming the u.s. and its allies for an attack on iranian military parade that left 25 people dead. but first, tiger woods earning his first pga victory in five years. look at that crowd. how bad does golf need this man. my money guys are back, gary b. smith and jonas max ferris join me after this. >> usa. usa.
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(john foley) i was there in chicago when bob barnett made the first commercial wireless phone call in 1983. yes, this is bob barnett in chicago. (john) we were both working on that first network that would eventually become verizon's. back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the billions of mobile calls that we've all made in the last 34 years. sometimes being first means being unreasonable. i'm proud i was part of that first call, and i'm proud that i'm here now as we build america's first and only 5g ultra wideband network with unprecedented wireless capacity that will not only allow for phones to be connected, but almost everything-- transforming how we all live, once again. (bob barnett) as you know, this call today
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i've had a, not so easy last couple years and i have worked my way back and, i couldn't have done it without the help of everyone around me. john: spectators swarming tiger woods, shouting his name during the closing moments at atlanta's pga championship, capping a remarkable return to competitive golf this year with his 80th pga victory. two behind sam need. we have gary b. smith and jonas max ferris joins me now. gary, you're the golfer her, you're historian of golf and you grew up the playing the game. this reminds me of arnie's army. everywhere arnold palmer left. all the ratings have not come in completely yet. how much does tiger need golf? is he back? does he break jack's record? he is four short? >> all observations. i'm not a huge tiger fan for
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many reasons. i found yesterday thrilling to be honest with you. forget all the personal stuff. for an athlete like that to come back, what he has been through is remarkable. the pga tour should get down on a knee and kiss the ground that tiger is back. in answer to your second question, you know, nicholas won the masters when he was 46. that was in 1986. tiger is what, 42? so say he has four or five years left, i would say the odds are 50/50 of him getting another four majors, definitely doable at this point. john: that is a pretty remarkable endorsement at 50/50. a couple years ago nobody would give him a chance. >> exactly. john: when he was not playing golf at all. jonas, tiger endorses nike woods, tiger woods endorses nike. nike came out with this what was controversial, still is, with this colin kaepernick ad that came out. a lot of people thought this was
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a bad idea to choose someone as polarizing as colin kaepernick. it has worked gangbusters. part of a marketing strategy, get all news shows talking about it which certainly worked. nike sales up 61% since then. would you buy nike stock here? >> yeah, i think this is a great win for them. he is still under contract. did a cool intragram. nike got out of the equipment business was loser as this guy was making the whole sport marketable to younger people. with the decline in tiger woods, this is not a good business to be in anymore. they're still on apparel sign. this sport has legs again. apparel sales will be hot. this company has him under contract. he has so many good endorsement deals. controversy, you may not like them but leads to sales, that is all nike cares about at this point. the most valuable clothing brand in the world. unbelievable. anybody in their 40s like as come backstory instead after slow decline story.
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optimistic for someone who watched the sport like me. i might start tuning in. john: gary you were on the great show bulls and bears so long with the wonderful brenda butner. you were called the chart man because of your technical analysis. i saw a article comparing charts of 1920s which led to the depression and 1930s led to the great recession world war ii got us out of. compare that to us right now, does that hold any water or credibility to you? >> no matter where you are in the time frame there is always someone that hauls out the 29 chart. they haul out the 2008 chart. there is always some overlay says disaster is looming. maybe it is, who knows? technically i don't see it and the reason is we really had that big selloff, if you remember, about january of this year, we sold off sharply. kind of form ad little bowl of which we're just back right now
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with those highs, near the highs, maybe a little bit above. i think the dow has a little bit more run. you normally go from the bottom of that bowl, the bottom of that pullback, that we had from a january on to like february, march. and then you tack on more. i think the dow could easily run technically another 2,000, 3,000 points. john: jonas, the great chart man, gary b., bulls and bears is coming back, gary b., part of that show. exciting news to hear that. great wonderful staple of fox for so long. does this hold true to you? what do you see that worries you? do you think this bull market continues for that extra two to 3,000 point run? >> i tell you. i'm nervous, not because of charts or 1929 incident. it is just expensive, the market, the problem real estate is expensive and bonds are expensive. i can get five or 6% for a client in government bonds i would do it, but you still can't
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even with the recent interest rate increases. you have to have some stocks and hope this isn't the year we have start of another 50% decline. there will be another 50% decline at some point. that is the way stocks work. you can't wait your whole life waiting for it. i prefer to making a aggressive invests after big decline, during recession after everyone is freaking out. as opposed everyone buying up next bubble and everyone is gambling. you have to have some exposure. you almost always better off in stocks than out of stocks. john: always great to see both you guys. thanks so much for coming on. >> thanks, john. john: secretary of state mike pompeo blasting iranian leadership for blaming the u.s. and its allies for an attack on a iranian military parade that left 25 people dead. former george w. bush deputy assistant brad blakeman responds after this. ♪ the wonderful thing about polident
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>> you can bet the president will have well-deserved strong words for iranian regime which is among the worst violators of u.n. security council resolution if not the absolute worse in the world. he will call on every country to join our campaign to thwart iran's torrent of destructive activity. john: secretary of state mike pompeo blaming the iranian leadership for blaming an attack that left 25 people dead on the u.s. u.n. ambassador to nicky hailry, saying iran's people have had enough. listen. >> iranian people are protesting. every announce of money going into iran is going to his military. iranian people had enough. that is where all this is coming from. the thing he has to do is look in the mirror. john: joining me former george w. bush deputy assistant brad blakeman. always a pleasure to have you
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on. iran seems to me their economy is falling apart. they have uprising all over the country. do they just need an enemy here? do they need america to be the great satan to unite the people? >> absolutely. that is what they're ink banking on. the people are smarter than that. terrorist groups like isis and others taking credit for this. they know their problems come from within, not from without but some this they think in order to gal vannize the public they have to lash out against america. america had nothing to do with this america's campaign of maximum pressure is starting to pay dividends. just as we were, ready for great successes in the region president obama took his foot off their neck. now we have a new president who understands the only way to change the behavior in iran is by maximum pressure. we don't seek regime change as much as we seek behavior change. john: yeah, i always thought we had four aces they had a pair of dues and we let them off the hook.
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didn't make much sense to me. national security advisor john bolton if renewed previous sanctions do not lead to changes we'll find new sanctions. here is the ambassador talking. >> we'll find other sanctions to put on as well to pressure the iranian government to change its behavior. not just their nuclear weapons program but their ballistic missile program and their militaristic activity across the middle east in iraq, syria, lebanon, yemen, they're a real threat and the president is dealing with it. john: are the current sanctions now working? >> absolutely they're working and as john bolton correctly pointed out until and unless they change their behavior we will continue to pile on. our allies may talk a good game but their businesses are being hurt because we've told them quite frankly if their businesses do businesses with iran they will not do business with us. we're largest economy in the world. most powerful military. people tend to go where america goes. i think president trump will stick to his guns. if he does i think iran will be in tough shape and they will be
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in the position where they have no choice but to change their behavior. john: does it worry you russia's involvement in iran and deals they're making? >> absolutely. what worries me more the kind of mischief being played by both of these countries, iran and russia and syria. this is destabilization of the middle east. that goes beyond just syria. and the united states has to stand strong with our allies in the region including israel in order to maintain some order in a chaotic part of the world. john: brad, always a pleasure. thanks for joining us. >> thanks very much. john: we'll be right back. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better.
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kavanaugh on martha maccallum's "the story." tonight at 7:00 p.m. eastern. charles: we we got out of bed this morning we knew it would be an explosive week. first there were rumors deputy attorney general rod rosenstein was about to be fired. the president said this. >> i will be meeting with rod rosenstein thursday. we'll be meeting at the white house and determining what's going on. we want transparency and openness. i look forward to meeting with rod at that time. charles: there was an additional accuser
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