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tv   After the Bell  FOX Business  October 8, 2018 4:00pm-5:00pm EDT

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kim, great to talk to you. it is a busy day here. i want our folks to look at this number. the dow up 48. that is snapping of a two-day losing streak. the nasdaq falling for a third straight day. we were down more than 200 points for the dow jones industrials. what a comeback. >> remarkable turn around on wall street. dow pulling back on the lows of the day closing up near session highs. we were down as much as 230 points earlier on in the day. s&p 500 fighting for gains. the tech-heavy nasdaq biggest loser closing firmly in the red. i'm susan li in for melissa francis here. david: great to see you. at one point the nasdaqs with down 1 1/2%. even though red on nasdaq it was a comeback. i'm david asman this is after the bell. so good you could join us. more on big market movers but
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here is what we're talking about for this busy hour. the commander-in-chief making his way back to the beltway after quick afternoon visit to the police chiefs in orlando, florida. rod rosenstein flew along with the president. a lot of speculation. we have the latest what that conversation was exactly like. exactly what the president is now calling the democrats failed attempts to keep brett kavanaugh off the supreme court. later tonight president trump will hold a formal swearing-in ceremony for his second supreme court appointee at the white house. shockingly democrats say their battle against justice kavanaugh isn't over. are they just digging the hole deeper? a dangerous hurricane gaining strength as it makes its way toward the florida panhandle. the latest on the storm's path. susan: the dow is reversing earlier losses. starts the week in the dream
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head by travelers walmart. deirdre bolton, on the floor of the new york stock exchange. you can't keep the buyers out. >> this is a pretty big turn around f you show the chart, the dow was down, you probably remember around 200 points near noon. we're just finishing higher. so the pockets of strength were really consumer stocks, both discretionary and non-discretionary. if you look at the dow, you had walgreens, walmart, these stocks really lifting the average up, the weight at the open and really stayed there throughout the day and closed the day down especially for the s&p 500 all the tech stocks. so if you look at the dow, that is pretty much emblematic of the larger session. you had names like cisco and microsoft really weighing on the average. if you look at 10 industry groups that comprise the s&p 500. for most of the day we were a
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70-30 split. seven out of 10 groups down, only three higher. consumer non-discretionary along with utilities and financials, those bright spots limited broader losses. as we got towards the close, we saw a little bit of a shift, instead of three and seven, we finished out 50/50. five industry groups finishing higher, limiting overall losses but the drop in tech just too big and too powerful to help the s&p 500 cross the finish line on the green side. back to you in the studio. susan: fourth quarter comeback. deirdre, thank you so much. david: bring in today's market panel. we've got john petrides, point view wealth management and todd horowitz, host of the bubba trading show. the bond market was closed because of columbus day but interest rates spoke in the market. you see turn arounds like you saw today and something is spooking the market. >> yeah, david, what you're seeing first of all interest rates closed from the pit side but they traded in the
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electronic market and the bond futures were a little bit lower again which is pushing rates higher again. we're dead on target for 3.5% in the 10-year, if not 4% before the year is over. i think this is what we talked about forever with the fed, how they would try to handle this, it is getting away from them. we'll have major wage inflation coming in. that will affect some corporate earnings. i think interest rates are rising. nothing will stop them right now. david: john, i think there is a political trade going on right now which is a lot of folks want to lock in their gains, the trump gains over the past three years in the market and a three month bond. you get 2 1/2% for bonds in 3 1/2 months. with that money you can wait until after the election, see how things settle out politically and decide whether to get back in? >> there is some problem with the statement, but the problem is you're timing the market.
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earnings season, companies knock the cover off the ball and you rally 5%. what if there is geopolitical action and you leave money on the table. that is getting into market timing. susan: talk about geopolitical happens. china sending a bold warning to the trump administration telling secretary of state mike pompeo to stop such misguided activities as tensions remain high between the two nations. todd, given we're 10% on $200 billion worth of tariffs that could go up to 20% in january, where do we sit? >> i think when you look at it, susan, you see china is already starting to panic. they're starting to flood the markets with some yuan. they're trying to do things with pure signs of panic, plus watching their market fall apart. i think president trump is going bit correctly. stand tall, stand firm, not give in because at the end of the day we want to protect our intellectual properties, we want to protect the trade and there
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is enough for everybody if everybody wants to work together to make a nice deal. i think china will eventually have to. susan: todd, there is eventually not just a trade deal. there is politics at play. you need china's help denuclearizationing north korea? >> i think you need a lot of things from china, but again we're very self-sufficient as united states of america. we don't necessarily need to be involved with china. we can handle these things on our own. if you work together with everybody i think it is much better, if you can work these deals out but certainly about time that we're not taken advantage by other countries of the world and of the union. susan: talk about technology. the question is, is your data at risk. we have a massive google data breach, leaving hundreds of thousands of users vulnerable, forcing the company to shut down its social network following a failed cover-up of the incident,
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according to "the wall street journal." we should point out hillary vaughn with details. hillary, what more can you tell us? reporter: susan, google realized they were giving outside developers access to more google plus user information than they were planning to because of a bug in their code. the company says, nearly half a million google plus users were affected t exposed more user information. developers had access to user names, birthdays, genders, profile pictures, email addresses, occupations, past places these people lived and relationship status. instead of going public, google decided to keep it private explaining why, explaining that our privacy and data protection office reviewed the issue, the type of data involved whether we could accurately identify the users whether there was evidence of misuse or any actions a developer or users could take in response. none of these three thresholds were met in this instance. they found no proof of misuse. they decided to keep users in
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the dark. the company is receiving backlash over an internal memo that circulated weighing pros and cons going public with the information, citing concerns it would spark increased government regulation or insure that google's ceo would testify before congress, something that he is planning to do later in november but something they were clearly trying to avoid at some level in the company. now a source familiar with this memo says it was kitchen sink moment with the legal members of the policy andcom staff but didn't officially weigh in to the decision to keep the bug quiet. susan: john, this isn't a good time for google, that sundar pichai went to meet with lawmakers. they're being accused of political bias against conservatives. they're accused of antitrust and mike pence has concerns of them
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developing a censored search engine for china. >> this is a big issue of google. google plus is a fraction of facebook. if facebook couldn't control the data privacy in the network how will google plus fare? if i was google plus user and my data was compromised and i wasn't notified about it i would be pretty upset. this is the beginning after long battle on regulatory front for both facebook and google. melissa: good point. todd, given the slide of tech shares, what does that mean for regulations and a possible breakup? >> that is really a possibility. i hope it really doesn't come down to it. i would rather see them come to the forefront and not hide things that have happened but when you see that you are actually the customer, right? we are the customer. if you're signing up for them, you're the customer. they have got your information. i don't like the way they tried to hide and push those things away. it will be cause for more trouble in tech coming forward. i think there is a lot more stories out there than this one.
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susan: with free services ultimately you are the product. john, todd, thank you so much. david: justice brett kavanaugh expected to formally sworn in as a supreme court justice this evening by president trump at the white house. edward lawrence live on capitol hill with the very latest. reporter: david, justice kavanaugh will have a number of big case he will hear the first week on the job. one will determine what actually the definition of serious or violent crime is. another one an immigration case where an illegal, undocumented worker if that person is then released from a criminal activity or released from jail and not picked up by i.c.e. be does that make that person exempt period from the mandatory detention order? many experts are saying this process itself enough to alienate republicans or democrats or energize the base? senator ben cardin from maryland says his members of his party will worry kavanaugh will tip
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the scales on the supreme court too far to the right. >> we are very concerned about protecting progress we've made on health care issues, on women's constitutional rights, on protecting the mueller investigation. so all of those issues we think are at risk. reporter: he thinks that in itself will energize the democratic base. now republicans think the ugliness will energy their base. in fact i saw both sides for and against on capitol hill last week the both seemed very energetic, very energized into their position. senator mitch mcconnell says that more than his laws that he has helped make, more than his election himself, he says the way to make a difference in this country, is confirm a supreme court justice. >> i think it is the single most thing i've been involved in in my career. so if you want to have long-term impact, obviously all of us would like to do that, the
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single-most way to do it is judicial appointments. reporter: kavanaugh will hear oral arguments. he will sit in the empty chair on the right side of elena kagan kagan hired brett kavanaugh a right citizen, to teach at harvard law school when she was the dean there. david: kagan was involved in the white house inquiry in the clinton administration at same time judge kavanaugh was working to investigate. it will be a very interesting supreme court. thank you very much, edward. reporter: thanks, david. susan: a lot of history. david: a lot of interesting stuff. the kavanaugh fight is not over, believe it or not. president trump praising the newly-confirmed supreme court justice this afternoon, democrats are vowing to take the battle to the ballot box. a lot of republicans are saying, okay, bring it on. we're live with the details.
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dan henninger from the "wall street journal" how the controversy is firing up both sides of the aisle. susan: progress in north korea. secretary of state mike pompeo touting another step forward in talks with kim jong-un. where we currently stand on a public second summit between president trump and the north korean leader. david: plus it is the free market versus the government. the nobel prize committee awarding economists who believe markets work better with government interference but are we now benefiting from the opposite? coming up famed economist ben stein sounding off. ♪
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newly-confirmed supreme court justice brett kavanaugh as he prepares for kavanaugh's swearing-in ceremony tonight. let's bring in fox business's blake burman live from the white house with the very latest. blake. reporter: brett kavanaugh was officially sworn in over the weekend by chief justice john roberts but they will get to do a little celebrating at the white house tonight at 7:00, a ceremonial swearing-in involving supreme court justice and president trump. the president continued to defend kavanaugh and saying kavanaugh was hit with false allegations an false charges, and the situation was brought about by people that were evil. he said kavanaugh was subjected to a hoax. >> now they're thinking about impeaching a brilliant jurist a man that did nothing wrong, a man that was caught up in a hoax that was set up by the democrats, using the democrats lawyers and now they want impeach him. i have heard this from many
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people. i think it's an insult to the american public and i think you will see a lot of things happen on november 6th that would not have happened before. reporter: on his way to orlando earlier this morning to speak before a convention of police chiefs the president met for 45 minutes with the deputy attorney general rod rosenstein aboard air force one. the president saying that he does not have any plans to fire rosenstein. >> press wants to know what did you talk about? [laughter]. we had a very good talk, i will say. that became a very big story actually. we had a good talk. reporter: probably remember "the new york times" story from the end of last month which "the times" reported that rosenstein suggested he record the president and also that he discussed recruiting various cabinet members to potentially invoke the 25th amendment, that being a process a president
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can be removed. rosenstein denied that at the time. the white house did not say whether or not the two discussed that topic aboard air force one. as we very much saw today, susan, rod rosenstein, who oversees the special counsel probe, still very much has his job. susan: always interesting, isn't it? blake burman at the white house. david: here is dan henninger, "wall street journal" editorial page deputy editor and fox news contributor. president calls it a hoax all the kavanaugh business. what do you think? >> i don't think it was a hoax but we're past the point getting too bent out of shape of any particular word donald trump utters. david: that's right. there is one part of this that does seem more and more to be like a hoax and that's the supposedly spontaneous uprising against kavanaugh with all those protests. in fact there was a great piece in the "wall street journal" today called, george soros' march on washington. in fact number one trending
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piece in the "wall street journal" on the website. it turns out the woman who cornered jeff flake in the elevator, that famous scene between that woman, looked like a spontaneous moment in which a woman was outraged that he might be on the supreme court, there she is. well the author of this piece says that this woman was anna maria achila the executive director of a george soros-funded group. her salary is $156,000 a year, plus, she got a 21,000-dollar bonus. lord knows how much of a bonus she will get for this encounter. >> a trained, professional protester, right? when she shouted, scream shout at me, senator flake, she knew what she was doing. and yeah, i think, the democrats have become basically a party of political theatrics. you know what the question to me is, david, are they becoming consumed with their own ability to create this theater, these
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narratives? and i think that is what they thought they were doing initially with the kavanaugh nomination. the idea was to create a narrative that kavanaugh and the republicans are anti-women. david: right. >> then christine ford came forward. she made her claims. they didn't expect it to build to the level it did and level it built to one woman's uncorroborated accusations against a sitting judge. i think a lot of people watching it, when it finally hit the climax on the great day of the hearing, for all the sympathy i feel for miss ford there is no corroboration. david: there is a difference between dr. ford's testimony and these so-called spontaneous encounters by protesters that turned out to be pure theatrics. not only pure three attributing, but people involved were paid by george soros, in the one case 156,000. >> we understand that. the question why are people like
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congressman jerry nadler suggesting if he gets control of the judiciary committee in the house will proceed with impeachment hearings which will be another circus. i can understand why the protesters are doing it, but profession a.m. democrats themselves seem not be able to pull away. david: dan, leads to a question, if you're in a hole you're supposed to stop digging. a lot of republicans, and democrats believe the they have dug themselves into a hole, that are transparent, the so-called protests. are they genuinely worried? >> the event pulled in a lot of trump voters from the old trump coalition. a lot of people voted for trump because of the supreme court. they have gone through a rocky year. not sure whether for trump or against him. all those people are coming together. meanwhile the democrats seem to be contracting into their progressive base. they aren't really broading their coalition. and you're right, keep digging
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the hole deeper but they don't seem to be able to stop doing it. david: it might be, it is anecdotal over weekend. i talked to some somebody over the weekend all her life, what she saw happened so demeaned progress women have made, accusing people because of the some of the theatrics we saw over past couple weeks she will vote republican. >> i have talked to some women like that, who said look, this uncorroborated accusations with something that could have happened to their sons or their husbands. but they escalated to such a point there wassing in else to take a way from it. we'll sew going forward. most of the prestigious democrats, kamala harris, cory booker, jerry nadler, nancy pelosi are going with pure rage into the election. david: along with mike avenatti. who knows what he comes up with next. >> persona none grat takes thank
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you very much. susan. susan: hurricane michael strengthening as it comes to the florida gulf coast. we're tracking the storm. rocky road to the midterms. what impact could kavanaugh fights have on the balance of power in congress? a live report from a battleground state, texas, coming your way. ♪
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now that you know the truth... are you in good hands? ♪ david: nice animation there. just a month till the midterms and the balance of power is up for grabs. one hotly-contested race is a battle in texas for the senate. our own connell mcshane is on the ground in houston, sat down with a republican senator ted cruz. there hi, connell. reporter: hey there, david, and the democratic challenger as well. brings us to the real question in this case, if you think about it, can a liberal congressman when texas statewide. that is my question for beto
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o'rourke, the congressman, when i caught up with him packing them in at a college gym nays numb. he is doing that all across the state. this is different politician, he speaks to us, young people that don't turn out to vote. that was the question, about turnout. also about economics and back to that central question, can a liberal win here statewide? here is what he said? >> i'm running to stand up for everyone. when i visit with farmers, who have seen reciprocal tariffs levied on pecans that they're growing, cotton that they're growing, cattle they're raising i don't know what party affiliation they are but i know tariffs and trade wars are bad for this state more than any others. we're more connected to the rest of the world than any of the other 49. so that is an economic issue in rural communities. half of whom don't have access to reliable broadband internet. investing in them, i don't know if that is liberal value but it means they're connected and
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competitive and they're important to us. so we're just going to show up for everybody. reporter: however you label it, he knows it is an uphill climb. turnout, turnout like you never seen before to beat senator ted cruz. we were at his headquarters earlier today. i stopped and did an interview with senator cruz after he thanked volunteers for helping out with his campaign. he told me the economic situation in his view should help him hold his seat. here he is. >> our economy is booming. we've got nationally, you saw this week, the lowest unemployment rate since 1969. reporter: why. i'm surprised it is even a close race here? >> the danger is, politics can be strange. success can breed complacency. the danger in this state a west texas oil field worker, his job is great, focused on going to work, going to church, taking care of his kids, when election day comes along, urgency may not be there, he or she may stay at
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home. anger is a motivator. people are ticked off, they're certain to come and vote. reporter: cruz, says, david the republicans are angry now, angry in his view at senate democrats over kavanaugh confirmation process. he says that is adding energy to his campaign. he is up about six points in average of the polls. hoping to hold in a state he normally win a lot more. david: liberal democrat winning in texas, that would be extraordinary if it happens. reporter: would it? david: connell, thank you. susan: texas not the only state with a closely-watched senate race. "real clear politics" finds seven races as toss-ups, nevada, montana, arizona, missouri, indiana, and florida. here is react, vince colignase, "daily caller." what does that mean for congress? they need 23 seats to swing it in the blue wave? >> blue wave is coming.
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the idea here that democrats think that they have the edge. they certainly have had a lot of the energy for most of this year going into the 2018 midterms. the different dynamic that changed that kavanaugh and especially after his actual confirmation hearing where he stood up, gave the forceful denunciation of at tangs on his credibility, led to so many republicans closing ranks, deciding they will support republican candidates across the country and voter enthusiasm among the gop base exploded right neck-and-neck with democratic enthusiasm right now. so the idea that a blue wave is certain is no longer the case. republicans are definitely coming back and fighting back. susan: if you had to call it would you say congress swings to the democrats or the senate is where republicans pick up seats? >> i think right now there is a couple seats that are kind of tossing up in the senate. i do believe republicans hold easily on to the senate here. the question is the u.s. house of refers. do republicans lose it? it's a slight favor to the
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democrats right now. i think republicans have a good chance. candidates already running on the brett kavanaugh message. you saw the president of the united states this week roll out a new campaign line. he thinks that these are gangs, this is the way the democratic party has handled this case is evil. as a result republicans running with the message. they think it will be successful next 30 days. susan: democrats have a big pop star on their side. taylor swift weighs in, she says she will vote in the democratic candidates in home state of tennessee. you can insert any taylor swift song here, are you ready for it, you name it? maybe shake it off, but do you think this makes a difference? >> i will go look what you made me do. susan: oh. >> taylor swift jumping in. it is interesting she spent so much of her career not engaging in politics at all. she was almost known for that. the liberal press was constantly hounding her. they were concerned she might be a trump supporter, you can't let
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that happen in the entertainment industry. jumping in for phil bredesen, making a point endorsing against marsha blackburn saying marsha blackburn is insufficiently pro-woman, hard to make that case against a woman politician. it is interesting from a business perspective, because taylor swift is an industry unto herself. i can't see her making a decision this big for her career without consulting a thousand consultants whether or not is it will be big decision. interesting that bredesen supports brett kavanaugh. susan: that is industry unto herself. 112 million instagram followers at all. vince, i didn't hear you call the house. historically it goes against the really party anyway. only three times since the civil war has the majority picked up seats in midterms. >> typically that's right. democrats are expected to size the house but because of the overplaying of their hand on
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this justice battle in the supreme court it may have been something of, you know, a self-goal because ultimately democrats are left reeling now how out of control this process was, handing a victory ultimately to president trump by overplaying their hand. howing a agressive they were to try to take him down. susan: you don't think democrats take control of the house? i want to be clear here? >> you're trying to force me to give you an answer. i respect that. susan: that is the question. >> i really respect that. today i think democrats win the house but 30 days from now, all of that could change and republicans could win this thing. susan: vince, you've been great. >> thank you so much. david: kavanaugh hearings changed so much, so much. susan: absolutely. david: we'll see what happens. pushing for peace, the trump administration making strides to denuclearize north korea. where we stand. that is coming up. looking for more government interference. why two nobel prize winners believe markets run better with more government.
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the great ben stein is next with whether the nobel committee just made a monumental mistake. (roger) being a good father
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does it, he splits his time between the world of public policy and the world of hollywood, mr. ben stein. i'm wondering which world is more out of touch with reality, ben? >> neither world is in very close touch with reality but i think these guys got it right. i think we need government interference in the economy. we need government to stablize the economy. we need government to be rescuer of last resort in the economy. we need government to be there, to be bailer outer a name i made up in government in crisis. we've had terrible, terrible, recessions and depressions in this country, long before the deoperation of late '20s and early '30s, all through the '30s, the government was not there to help. when government is there to help, government is there to stablize the economy the runs much more smoothly. david: i don't know. >> we need free market economy, sorry. david: specifically want to talk about what these two economists
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were basing their work on. this is what they won the award for, their work on pollution controls, specifically with regard to climate change. free market economists like yourself respect externalities, where you have government stop pollution because it saves people's lives, but this goes way beyond that. >> right. david: to the point of subsidies for electric cars that come out to about 7500 per vehicle. is that really where we want to go? >> i don't think it is where we need to go right now frankly. i think moral as situation will be enough to get people to use electric cars. i think people will realize it is better for them to use electric cars. i don't think we need government bribing people to just electric cars. the idea we pay that enormous amount per car, just too much money but the idea we should have government explaining to people that electric cars are a
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good idea for them for their children and grandchildren is not a bad idea. david: add up billions of dollars spent with government subsidies of electric cars, but you add up private sector funding where individuals and organizations and governments all, kind of conspire to get in on this issue of climate change, i just wonder in the end if it is worth it? >> you know what? one of the the greatest economis of all time was a man frank knight from university of chicago. he said take advantage of all government subsidies. everybody is taking advantage of government subsidies. they should take advantage of government subsidies. it is free money if used for noble cause, making the air more breathable all the better, i have no problem whatsoever to encourage people to breathe cleaner air. i don't think $7500 a vehicle is the right number but something is the right number. david: ben stein, i have to ask you about kavanaugh because you've been vocal about this in the past. >> yes. david: what effect do you think this whole kavanaugh business
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will have on elections in november? >> well if i were the democratic party i would commit harikari in shame the way they treated mr. kavanaugh. the way they treated mr. kavanaugh makes joe mccarthy look like george washington or thomas jefferson by comparison. the way they treated him will be shameful for all eternity. i think democrats do well in elections and midterms. i don't think they beat out the republicans. i think republicans have new surge of anger and energy i think they hold on to the congress. i could be totally wrong about this. i'm very often wrong but i think democrats went way, way too far believing these insane, literally insane allegations about his sex life. david: ben stein, love having you on, ben. thank you very much. good stuff. >> i love being here with you, david. god bless you. david: susan. susan: tracking the path of the storm. florida and the gulf coast are preparing for a potentially life-threatening hurricane.
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learn about plans that could give you more benefits. call now. david: breaking news. the alabama governor just issuing a statewide state of emergency due to the expected impact from hurricane michael as the storm approaches the u.s. coast. florida already has declared a state of emergency in 26 counties. fox news meteorologist adam klotz is in the weather center with the latest. this thing is growing, right, adam? >> david, you're right, it is growing and looking more and more it will be a big storm. winds at 80 miles an hour. cat gather 1 hurricane off coast of cuba. it will run over warm waters that will allow it to intensify next couple days. our hurricane watch stretches from pensacola across the entire florida gulf panhandle, florida big bend. you will see hurricane-like conditions late tuesday night
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throughout wednesday, some of the day on wednesday. you see, we jump up from the cat-1 to a cat-2. as you get off the coast, likely category 3 storm, winds of 120 miles an hour. if it gets landfall at category 3, that would be strongest landfall in the united states atlantic basin. early wednesday morning just off the coast. you need 80-degree waters to fuel these. 85 degrees across the gulf of mexico. it is bath water. that will allow it to strengthen. here is tropical models. there is still time of indecision. this is the eye of the storm perhaps in the pensacola area or maybe getting towards the east and apalachicola. heart of this storm will be much larger. our wind field in this, everything in the larger circle, those are tropical storm force winds. we could talk about really strong wind. beginning to see the winds pick up late tuesday night into early wednesday morning throughout the
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day on wednesday. only other thing to pay attention will be the rain. david this is not florence. this will be a faster moving storm. not 40 inches of rain. it will be more about the initial impact, the winds, storm surge and of course the rain. david: adam klotz. good stuff. thank you very much. susan: progress in pongyang, secretary of state mike pompeo wrapping up another visit with kim jong-un in north korea. what did the two dignitaries decide? we'll get you details coming up next. so, how's it going?
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well... we had a vacation early in our marriage that kinda put us in a hole. go someplace exotic? yeah, bermuda. a hospital in bermuda.
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a hospital in bermuda. what? what happened? i got a little over-confident on a moped. even with insurance, we had to dip into our 401(k) so it set us back a little bit. sometimes you don't have a choice. but it doesn't mean you can't get back on track. great. yeah, great. i'd like to go back to bermuda. i hear it's nice. yeah, i'd like to see it. no judgment. just guidance. td ameritrade. david: we have breaking news. talk about a quick turnaround? president just arriving at joint base andrews and will be heading
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back to the white house following his trip to orlando, florida. that was earlier today. it was a real quick trip, essentially just a lunch trip. tonight the president will hold a formal swearing-in ceremony for newly-confirmed supreme court justice brett kavanaugh. it happens at 7:00 p.m. of course lou dobbs will be carrying the whole thing right here on fox business. you don't want to miss that susan. susan: secretary of state mike pompeo announcing that north korean leader kim jong-un is ready to allow inspections of key missile tests within the rogue regime. the two discussing plans for a possible second summit between the two countries. joining me to discuss more, retired lieutenant colonel daniel davis, defense priorities military expert and it is also baffling to me when i read some of the commentary between mike pompeo's meeting with kim jong-un of north korea and his meetings with the foreign minister of china, huang li. seems like he got a warmer
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reception than china? >> i wonder if that is not part of china's message to say, hey, we're still in the drivers seat or they want to be in the drivers seat or pushing back on some economic financial issues going on between the two. overall secretary pompeo is charting a good course. going step by step, we're heading into the right direction. susan: kim jong-un and north korean regime seep to open allowing inspections in the key nuclear sites. i feel like we've been here before. six-party talks in the 2000s. 1990s, trying to reengage in diplomacy. it feels like we haven't gotten that far. >> we have up to this point been here before. there are a few things different. president trump was willing to take risks and do things his predecessors haven't done. he has given peace every chance in the world to happen. so far the things seem to make
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good progress. president man jay -- moon jae-in re-engaging. susan: re-engaging. >> kim jong-un has more interest re-engaging in the world than his grandfather or father did. so there is some possibilities. susan: that may be generational attribute and younger generation and globalist compared to his forefathers. what will the second summit achieve? >> reason they didn't put a date on it, president trump said before we meet again i will need some firm outcome, a list of all the nuclear sites, whether something more tangible in terms of something else being dismantled. i don't think another communique about good intentions will be enough. so i expect there would be a little bit more in the next one. susan: what about the testy exchange between pompeo and the chinese foreign minister? because you know most of the hard currency, in fact 90% of north korean trade is with
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china. don't you need china on side to force some accountable outcomes with north korea? >> we do in fact. we absolutely have to have that. i haven't seen behind the scenes what is going on. i expect what we have seen from pompeo, he is a hard tough, negotiator. he will not give in on something. i think china will pressure and pompeo is not flustered by that. susan: they're at a standstill. you talk tough i talk tough as well. always good to see you. >> my pleasure. susan: david. david: imagine buying a million dollar painting and immediately after you purchased it seeing it ripped to shredsit actually happened. the anonymous street artist is apparently having the last laugh. ♪
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>> the whole art world is talking about it. this famous painting went up for auction. something outrageous happened the moment it was sold. for 1.4 million dollars. you have to see this for yourself. take a look. david: yep, it was shredded. the artist himself had installed a shredder as you can see here into the back of the canvas, just in case it was ever put up for auction. apparently somebody in the auction house had a remote control. now some are saying the shredded painting could even be worth more than the original. so there might be some sense to the madness of this guy. you know, it is conceivable that
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this guy's just a great marketer, susan. susan: he absolutely is because now his painting, the worth has gone up. i'm suspicious that somebody was in on it. david: the auctioneer didn't seem as surprised as i thought he should have. great to have you here today. susan: good to see you as well. david: evening edit starts right now. >> this period has been so traumatizing for so many folks. >> false charges, false accusations. >> we have a presumption of innocence in this country. >> this whole impeachment thing, you know what? i'm very focused on the here and now. >> i'm happy that those who tried to destroy his life fell short. i'm glad those who tried to overturn the rule of law and replace it mob rule of law. i've never been more upset in my life. >> it was a

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