be back. thanks for coming in. lauren: she couldn't mix it through -- make it through a week with you. s quitting time. connell: 5:00 somewhere. connell: bulls and bears starts right now. david: from wall street to washington and across country, we're talking about the topics that matter most to you and your money, this is bulls and bears. ♪ ♪ david: i'm david asman, thank you for joining us. joining men to the the panel, gary caught bam, jonas max farris, max funds founder, adam lashinsky and last but certainly not least, trish regan, host of trish regan prime time, brand new show on the fox business network that is already making news on its own. >> prime time. david: prime time, baby.

[laughter] and another wild day on wall street to close out a volatile week as markets digest news out of china. its economy grew at the slowest pace in nearly a decade, president trump touting the success of his tariffs on china in his great interview with you this week, trish regan, let's take a look. >> thank you. >> china, they're down about $25 trillion in the last five, six months since i started going into what i have to do which is straightening out unfair balances. david: so he wants tariffs to hurt, and they are. >> yes, he definitely wants them to hurt, and they are. economy has faltered a bit, the market has a faltered a bit, and it's interesting, because he's gone where no other president has gone before. everybody's complained about china, nobody's done anything about china. and i asked him, actually, as part of that conversation, i mean, why are you now doing this? he said i just want to do what's right. i think that this is the right thing to do, and there's a lot of people in congress that are going to fight me on it. nonetheless, this is the policy

that will help our economy going forward. it's not fair that they're charging tariffs, effectively a tax, on so many of our goods that we send there, but we don't do the same. why not just get rid of all tariffs altogether. david: gary, some say it's not just the chinese, u.s. consumers are suffering with higher prices as well. but is it worth it in order to stop the chinese from doing what they've been doing for decades? >> >> i don't think it's any good that china is faltering as people are saying. and when they say 6.5% gdp, i say 4 -- david: the point is, if you hook at a chart, you can see it's clearly a down movement, big down move. >> look -- >> hey, david, if i could -- >> go ahead, adam. >> i'm sorry to interrupt you, but we need to point out that the president not for the first time is confusing cause and effect here. there's no doubt chinese economy is going down, and there's no doubt that we need to do something about their unfair trade practices. t highly unlikely -- it's the

highly unlikely that the tariffs are causing this chinese slowdown. >> well, they're not helping it. i mean, there's definitely impact to the cub over there. i mean -- to the country over there. look, the stock stock market's at 12-year lows so, obviously, this dates back before the tariffs. haha said, at this stage of the game it's not like we're both going -- the impact seems to be on emerging markets in general, places that export into america we're charging, essentially, these tear writers, and they're the -- tariffs. it doesn't mean it's not going to spiral out of control, but we're sort of losing less -- >> china is losing traction, europe is losing traction. i think we are losing traction, our interest rates are higher, our energy prices are higher. we have a lot of headwinds potentially in the months ahead. and if you're look agent the market now being -- looking at the market now being a goodies count in the future, i would not be surprised to see our gdp predictions from all these places come down back into the

2s -- david: because we're linked, you think. >> you got it. >> this is actually something that the president addressed and made a lot of headlines on. he said to me, david, you know what? my biggest threat out there is the federal reserve. and he went on to criticize what the fed's doing. he doesn't think they should be moving so aggressively on interest rates, there's not enough inflation, in his view, to be doing so. of course, they're an independent entity, and he can't influence them though he may -- >> oh, he is influencing. >> he is influencing. [laughter] >> the problem really is, as he sees it, is this economy is starting to get humming, and all of a sudden the fed moves higher on interest rates, one, it's a lot in terms of our interest rates, but the bigger thing all of a sudden now maybe it takes a bite out of consumer spending, sentiment, etc. david: but, adam, back to china. the point is you've got a lot of friends out in silicon valley who are complaining all the time

about china stealing stuff and not just little stuff, big company secrets. i mean, there are a lot of lawsuits going on about that right now. isn't it time to do something even if it's going to hurt in the short term? >> oh, well, absolutely. i think this is one area where the trump administration is doing exactly the right thing especially in terms of fighting intellectual property theft or this forced transfer of ip in china with regarding western nationals. this is something that began under the obama administration, by the way. but, yes, the president's doing the right thing on that, he's doing the wrong thing on tariffs because it will -- david: how do you do it, if not tariffs? >> well, you -- well, one way to do it is through you're all going to jump on me for saying this, through the wto -- david: probably. [laughter] >> good luck, adam. >> what's that? enter the wto has absolutely -- [inaudible conversations] nothing ever gets done.

look, i'm a big -- i don't like tariffs either. i'd rather them get in a room and really hammer this out. but i have news for you, that's been tried more years, and china has basically stuck a certain finger out. but again, i agree these tariffs are affecting things. it affects consumer, it's a big tack, and the longer it lasts the worse its gets. >> adam, you need leverage, right? we have their biggest customer. why not pull the levers, why not use all the leverage you've got? why would you sit back and say, okay, we're going to wait for the bto to handle it -- wto to handle it? they haven't done a darn thing. >> it's a good point. two things. one, we do have leverage, a strong economy, but the chinese also have alternatives. they can trade with other countries. what we don't want to do is shoot ourselves in the foot while we try to negotiate. and that's what these tariffs do. the second thing the last thing you want to do with the chinese is try to embarrass them publicly. it's counterproductive. it causes them to lose face, it

doesn't work. it's not clever, it's not smart -- >> what we're doing wasn't working, right? i mean, that's the point, isn't it? >> yeah, i think -- >> trish, you were talking about dealing with the fed, you brought it up that fed is going to raise rates too much, there's no inflation, but isn't china one of the reasons we haven't had a lot of inflations -- >> yeah, no, it's a great point. and i talkedded to him about this. i'm liking look, you know, in china they can have a plan for the next hundred years, you get a plan for a couple years, six years if you're lucky, right? it's a different dynamic. you have to hope politically americans don't say, wait a second, i'm paying way more for my tough at wal-mart and i don't want like that, therefore, they vote the republicans out of office. that is tight rope he's walking. but what he said is, you know what? this is the right thing to do, and this is a risk i'm willing to take because we can't continue on this same course indefinitely. so use the economic -- >> the other tight rope is we have elections, china doesn't.

>> right. >> china can go farther and farther -- this guy has power for the rex of his life -- for the rest of his life. i think after the election, hopefully, because i can tell you we cannot continue this way. we've had a good economy, and there's a fine line with economies around globe. it can be great this week and next week bye-bye -- the. david: and, jonas, isn't the fact that we've waited until the economy was strong enough. if you're going to do it, adam, maybe this is time to do fit, when you have an economy that's humming like ours is. >> well, yes, i agree with that. e also want to point out, and this is going to be a nuanced point. when china came into the wto, they were a much smaller economy. they truly were a developing nation. now they aren't. and you're right that various administrations were slow to realize that. but we've realized that. so, yes, now's the time for these -- >> adam -- >> -- prudent negotiations, not for bluster, not for unilateral acts that offend our partners

and don't achieve our goals. >> adam, do you mean we've let them get too big to be able to deal with them any way but nuanced and on a global scale? >> well, no one is too big to be dealt with on a global scale, not the chinese, not europeans, not canadians and not us. >> the unfortunate thing the best leverage we have right now is their economy is slumping, their markets are being crushed, and i will tell you that the public is getting upset at the head honcho, top dog,ging big cheese. so that is a potential going farmed. and again, the longest this last, it is bad news because worldwide there's a lot of debt and deficits out there, and you combine that with tariffs and the elongation of this, there'll be trouble. >> gary, why you have to work really aggressively right now. if you're going to go down this path, you can't be halfaway. you have to say i'm committed to making this change. the reality is if we don't do something about china, it's a very true thing, if we don't do

the something about china to insure that we are still the hegemonic power that we have always been in the world, and by that you need to have a solid, strong economy, be we don't do anything, we run the risk of turning into socialist france, and we give up our position, our power, our economic strength to the likes of china. david: yeah. all right -- >> trish -- david: quickly, go ahead. >> final word, adam, quickly. [laughter] >> i agree with what trish said. you have to to understand china is going to become a hegemonic power, so we want to be, again, clever about -- david: i don't know. they're a lot weaker -- >> a communist hegemonic power. david: meanwhile, as turkish investigators widen their probe into the disappearance of jamal khashoggi, administration officials are strongly denying media reports that they've heard tapes that prove that he was murdered. fox news' rich edson is at the state department with very latest. >> reporter: good afternoon, david. secretary of state mike pompeo

says the united states is giving the saudi government a few more days to finish its investigation into what happened to jamal khashoggi after he disappeared going into sawty cons a late in -- saudi consulate in istanbul. much of the details are coming from reports from turk thish officials -- turkish officials and local turkish media reports. one of the reports sourcing a turkish official claims secretary pompeo heard an alleged recording of khashoggi's murder inside that consulate in istanbul, and this is what secretary had to say to that. >> i've heard no tape, i've seen no transcript, and the network that recorded that ought to pull down the headline that says i have. we should be factual when we report things about this. this is a very serious matter that we're working diligently on. and so to put up headlines that are factually false does no one any good. >> reporter: president trump has warned of severe

consequences for those responsible, though administration's offered no details on that. treasury secretary steve mnuchin is withdrawing from a saudi investment conference next week. democrats and republicans in congress are calling for sanctions on those responsible and for the u.s. to cancel arms sales to saudi arabia. secretary pompeo and the president have repeatly stressed the strong economic and security relationship between the united states and saudi arabia. david. david: what a mess. rich, thank you very much. well, thousands of migrants defying mexican authorities and president trump's threats by breaking past a fence from guatemala into mexico. now they're heading towards our u.s. southern border. will they be stopped before they enter the u.s.? that's next. ♪ ♪ [ phone rings ]

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♪ ♪ david: well, take a look at this, this is a scene earlier today. a group, a massive group of migrants breaking through a guatemalan border fence into mexico, defying mexican authorities and president trump's threats to chose the u.s./mexico border. mexico be able to stop caravan before those immigrants illegally consideration into united states? with us now to discuss is jessica vaughn, directer of policy studies for the center for immigration studies.

great to see you, jessica. so a lot of skepticism, frankly. i think i noticed some of it even from president today about whether mexico can be counted on stop these migrants from working their way up to u.s. border. what do you think? >> well, i don't know that mexico can actually stop them, but they certainly can interfere with them and break up the caravan and make it more difficult for them to get to the southern border, and they can do that by enforcing their own immigration laws. and they have every interest in doing that because if these people are not working -- coming together as a caravan, they're going to be falling into the clutches of criminal smuggling organizations that control the crossing points into the u.s. but it really is in mexico's interest to do something about this or at least be seen as trying in good faith because there's a lot at stake for them in terms of our bilateral relationship with them, and we can make life very complicate

for mexico -- complicated for mexico if we feel they're just facilitating this as they did last time in the spring. >> jessica, it's trish. what if they are not able to do this? i agree there are a lot of reasons why, including some of the economic levers, we were just talking about same thing we can use and exercise with mexico, but what if they're not able to do it? is what if these people start coming through into the united states, what happens thensome. >> well, then if they try to come illegally, they're going to be apprehended by the border patrol. but if they have children with them almost as a deportation shield, then the likely result is that they are going to be released into the country to go wherever they please to settle for an indefinite period of time as have other people who have come with kids and join the illegal population. now, what remains to be seen is the trump administration be able to come up with some alternatives to try to keep that from happening.

if they come in illegally -- >> excuse me, jessica, i'm sorry -- >> go ahead. >> i'm sorry, it's adam lashinsky in san francisco. i thought that the trump administration stopped that policy of allowing people with families to go into the country, into the wild as they please, as you said. i thought that was a thing of past. >> no, absolutely not. there have been hundreds and hundreds of families who have come, almost 17,000 in the just month of september who have been apprehended and released into the country, most of them in major metropolitan the areas up and down the eastern seaboard. david: and once their feet touch u.s. ground, they're entitled to all kinds of benefits and legal protections, etc., right? don't they have to go through the court system at that point? >> well, they are given due process. most of them are asking for asylum even though most of them are not going to end up qualifying for it. the problem is that most of them

do not actually pursue their asylum cases. they simply drop off the radar. if they're under some kind of supervision by i.c.e., they disappear, and they just don't pursue their asylum application but they're still living in american communities, and it's those communities that are picking up tab for this in 'em the of schooling, health care and other benefits. not to mention some public safety problems that have been happening because there are also gangs that take advantage of this policy. so it's a real problem for american communities. and that's why i think trump administration needs to be a little bit more proactive and find a way to kind of nip it at the border, keep them in custody there if they can and deal with these cases and return them quickly. that's only thing that's going to stop it. >> jessica, america gets a lot of heat for how we treat people who come illegally. what does mexican police do with their illegal immigrants walking into the country in a big parade hike this? how do they treat families in

separations, prisons, those kind of things, if you know? >> well, they sometimes enforce their immigration laws. frankly, i've spoken with mexican immigration officials about things like this in the the past, and they say, look, we know they're coming to the united states, so we either issue them a transit visa or look the other way and go because they're not really our problem. but they could become mexico's problem if the u.s. finds a way to prevent their entry into the united states. and then they'll be hanging around in mexico, and mexico's going to have to deal with it. some of them can apply for asylum in mexico, and mexico will take those cases. the incoming president has talked about work visas more them, and i will -- i think some of them would take them up on that if it occurred. >> and, jessica, this is gary caught balm . they get through and this doesn't work out well, are we expecting we'll see caravan number two and three and four just because?

>> i would expect to see this. in fact, i'm surprised it took so long for this second big caravan to be formed considering that most of the people in the most recent caravan in the spring did the end up getting through and getting released into the united states and presumably are still here. >> can i just ask, i mean, here we got word yesterday that the mexicans were trying to help. they're really not trying to help. we saw that video today, you guys, of thousands of people crossing the border. if they were actually trying to help, maybe they would have been there and prevented that crossing to begin with. i mean, look at that scene. that does not suggest to me in any way, shape or form, david, that mexicans are doing a darn thing. david: yeah. and, jessica, i've got to say -- >> the that's the worry, and that's skepticism right there in pictures. aired david their track record on adhering to the rule of law in mexico is not exactly stellar, right? >> well, they do enforce their own immigration laws sometimes, and they do it pretty harshly

sometimes. but again, if they feel like these people are going to become our problem, then they're just going to look the other way. it's -- >> david, do i have time for one more question? david: go ahead. >> i'd like to know, jessica is an an expert on immigration, what the trump administration is doing about the economic and political situation this in central america where, number one, we have some sway and, number two, clearly is source of this issue. >> well, we do provide aid, and we do try to work with these countries on civil society and economic development and so on. but the reality is that these countries get so much in the form of remittances, of money that send back who are working in the united states even illegally, that that's more economic value to them. i think really the problem -- that's a long-term solution. the short-term solution is to change our policy because really it's our policies that are enticing people to come like this because they think that they're going to be allowed in

and allowed to stay. >> and the aid is in the billions and looks like it doesn't have that much leverage, unfortunately. david: gotta turn it around, jessica vaughn, appreciate it. coming up on bulls and bears, 2020 hopeful cam a la harris proposing -- kamala harris proposing monthly cash payouts for millions of americans, so who would be on the hook for the hefty price tag? we'll debate that coming up. ♪ ♪ the day after chemo shouldn't mean going back to

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the tax credits and public benefits they already get. the proposal faces long odds of passing and makes democrat complaints about a rising deficit a little harder to to take seriously. gary, it's free cash versus jobs, essentially, right? >> as my nanny used to say, oy vey -- >> when she was discussing tax strategy, right? [laughter] >> the exactly. you are taking money away from people who earned it and giving it to people who did the not earn it, and i believe in the safety net, but this rearranging of economy via the taxpayer has never worked anywhere it is tried. and i try to think to myself, are these people just being nice and they just want to help, and it seems to me this is all about buying votes. what you want to do for people that earn lower is get jobs. and guess what the economy's doing right now? david: right. >> jobs are flourishing. this does not need to be doing -- >> but, gary, are you for the

earned income tax credit as a concept? >> i think tax credits are okay. but for me, the less government says and does, the better. our economy has flourished because people go to work, they work or hard, they start here and go here and go here and go here, and that's how things get better and better -- [inaudible conversations] >> the interesting part of the way you phrased that, gary, is interesting because our economy flourishes for a whole lot of reasons. so, for example, the fact that that our government functions well at all, that airplanes don't crash all the time is one tiny little reason why our economy flourishes -- >> i'm cool with that. >> well, and so there's other things than just free market doing its thing that account for a flourishing economy. what amuses me about this debate, and this is very -- a very sexy topic in silicon valley right now, universal basic income, just give people money, that will get money into economy. it's not strictly a liberal or progressive concept.

>> but you know what the real problem is? this is just the proposal. these people get into real power, they'll start with this and who knows where we'll end up. >> the other thing i would just add to adam's statement he just made, yeah, it is kind of a liberal concept. i don't think that you would find any conservative, fiscal conservative out there that would suggest that basic income or just giving people handouts is somehow a good thing, adam. and let's keep in mind, she's trying to buy votes, he's also trying to keep people down -- she's also trying to keep people down. in order the qualify, you have to have a certain income bracket. so you're disincentivized from getting ahead in life, and i really dislike that. i think both parties should be all about bringing everybody up, incentivizing people to do the right thing which is to go to work, and then you have self-respect that comes with that. and instead kamala harris wants to keep everybody living off the dole. >> david: and, adam, how can democrats possibly complain about deficits when they're proposing this -- i mean, add it

up, this is hundreds of billions of dollars. >> oh, well, i'm not going to defend the policy, but you know the answer, david. they want to repeal the tax cuts. that's how they want to pay for it. they don't want to necessarily add to the deficit to do it. >> it's not going to pay for it because tax cuts weren't that big. first of all, biggest problem with this proposal is it's not sexy enough, to use the other best's word, it's not basic income like what they tried in finland, and it didn't work that well. >> you mean because everybody gets that finish. >> it's still petty, it makes you work. i know that's appealing and republicans vote for that as well as democrats which is why we have the earned income tax credit, but that's one of the reasons wages don't go up. why get paid more if a third of your mcdonald's pay comes from the government. david: income is money that you get for working. that's what income is all about, that's what a salary is. >> what a concept.

[inaudible conversations] >> getting up in the morning, going to work, making your own money and not having to give it up to somebody that didn't go work. >> we're all mischaracterizing what it is. you get money back when you file your taxes if you had a job that didn't make that much money -- david: that's not what we're talking about here. >> it is what we're talking about. david: no, it's not. this is idea of universal income -- >> no, it's not. >> i just want to address what trish said, david. david: yeah. >> i take your point, trish, and i basically agree with you. i think people should work and people should earn money. but no one says, hey, what i'd really like is $500 and then i'm good. so, you know, in defense of the idea, it's to the give people, you know, something as opposed to -- >> well -- [inaudible conversations] can i get in there for a second? no, no, no, gary, because really irritates me. i looked at numbers very aggressively on all of this. if you're a single mom in hawaii, if you add up all the benefits that you can get from

both federal level and state level, it's the equivalent of nearly $60,000. now, i get it, hawaii's an expensive praise to live. but i say to myself, you know, americans are logical, smart, intelligent people. we will make logical decisions. if i'm that mother, i'd rather stay home with my two kids and live off my $60,000 worth of benefits than go find a job answering phones for maybe $60,000 a year which would be a good salary and then pay for childcare, all the things associated with going to work every day. in other words, why isn't our government creating the incentives to help that woman get right kind of job? why are they incentivizing her to stay home and not work? [inaudible conversations] >> get in way of an irritated trish regan, i will tell you that. and here's the thing, government does not give anything to anybody. all government does is take away from to give to others. it is not their money -- >> gary, that's a horribly

cynical way of looking at it. horribly cynical way -- >> trillion dollar deficits, that's why we're in the situation that we have to deal with every day. >> no, no. >> again, you earn it, it's yours. you don't earn it, you should not be getting from somebody who's doing earning. >> it's tax benefits for earning money. it's an incentive to work. this is not a check like finland residents were getting just for wreathing. and -- breathing. and by -- >> by any other name. >> it's not same name. you have to have a job to get benefits. the other welfare benefits, food stamps, this, that, housing. you get those just for applying and meeting certain thresholds. this one you have to be working for it. and, again, you could make the case, trish to your point, all this bureaucracy of handouts that you would get in hawaii could all be scrapped and replaced with one check just to get rid of all the food stamp the, housing credits and other

garbage. david go ahead, adam. >> i take your point very seriously, and i say i agree with you and the government should incentivize anemiad to do the things you -- the thing you suggested. i gave you one example of the -- >> the only thing it makes is cash on the printing press, that's about it. >> our government does the for us. one example is keeps our skies safe. i like to use that as an example because nobody disagrees with it. >> who pays for that? >> who pays more that? >> and i could give you 20 more. >> who pays for that? >> no, no, i said our government with our resources does this for us, with us -- >> our resources. >> i'm not saying we don't pay for it, and we should pay for it, but they're not taking. david: well, air traffic controllers are appreciated by people who fly, that's for sure. >> i know i do do. david: more building, that's jab some are saying a new ford ad is

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are standing by. so call now. ♪ ♪ david: ford motor company taking what some are calling a not too subtle shot at competitor tesla and its prompts in a new ad campaign with actor bryan cranston. take a look. >> some will ab talk about future, but you'd be a fool to believe them. ♪ >> let the other guys keep dreaming about the future. we'll be the ones building it. ♪ david: will americans buy ad and what it's saying? adam, making fun of elon musk isn't too hard, i've got to say.

[laughter] >> well, no, he seems to be making it easier by the day. i think what ford's doing is shrewd. their market, you know, the buyers of the f-150 pickup truck are middle america. and i think to the extent they think this is funny, they're going to like the joke, and it will help. david: gary? >> but, look, i like the ad, i love bryan cranston, but sales down 2% year-over-year, the stock is at a nine-year low, i'm not sure an advertisement turns that around. they've got to just make great cars with great products with great margins and get this thing going again because the auto industry right now not doing very well. stocks are terrible. yeah. >> this company, let's be honest, this company's one recession away from bankruptcy. >> let's hope not. >> if your plan is advertising and pickup trucks is your plan for the future and you're joking about elon musk who doesn't advertise, by the way, and

spends that money actually building the technology of future cars, you're going to lose. that is -- i don't know if the stock's overpriced for tesla or they're going to go broke before they succeed, but pickup trucks and advertising is not a solution for the future of transportation -- david: it's incredible. they've got best selling vehicle many america. the f-150 truck. >> so did general motors -- david: and yet look at at the market cap. which company would you guess is richer? i would have guessed ford, but they have a market cap of about $34 billion, tesla has a market cap of $44 billion -- >> because they're betting on the future. investors are always looking at what is ahead. and unfortunately for ford, the thinking is, you know, fast forward 10, 20 years, and it could be even sooner than that, ford's going to be more challenged than likes of's la because that's the direction, when you like it or not, we seem to be going in. david: adam? >> well, we can't -- i don't need to defend ford, we can't judge them on one ad or the fact

that they advertise the their pickup trucks. i mean, the fact is ford is spending a lot of time and energy and resources thinking about and acting on the future. that's not what this ad campaign is about. ad campaign is about selling some trucks, and i don't know, i can't fault them for that. david: sometimes marketing works, gary. i mean, come on, that's why people spend money on ads. >> i have no problem with haha, and i think this is going to stand out and be talked about. whether it moves people to buy trucks is another story -- >> we're talking about it. >> i watch stock markets, i watch stocks, and when i see something at a nine-year low when dow was just at an all-time high, to me, that speaks volumes. and as jonas said, or else -- david: yeah, yeah. they don't have much leverage here. a liberal billionaire spending millions to push for impeachment, but will it backfire for democrats come november? bulls and bears debate that coming next. ♪ ♪ five hundred years, right?

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muck ♪ david: liberal billionaire tom steyer says he's building a massive political operation to get president trump impeached. the hem fund manager -- hedge fund manager says his organization will rally the democrats' base. he's signed up six million

supporters, but will it backfire in the midterms? >> well, i have a real problem with someone saying he needs to be impeached when they haven't articulated why. now, tom steyer may say, oh, russia solution. that increasingly is becoming a very difficult weave to spin. and we may soon find out more, right? because it seems as though mueller investigation's coming to an end. but he's out there saying to candidates, hey, i'll bankroll you, i'll give you a lot of money if you promise you're going to impeach trump, and one of these candidates can tell you whether he should be or not, they're just signing up to get the money. and i have a problem with that. i think most americans will have a problem with that. >> the the dude should save his money. [laughter] >> he's the big lebowski. >> look, if they go to try to impeach, that's going to embolden a certain side, it's going to hurt them for 2020, and if they do impeach, they're not going to remove him, so nothing's going to get done. i don't understand movement, i

don't understand why but, hey, he's a billion far and i'm not -- billionaire and i'm not. >> speaking of that, if you were a hedge fund billionaire, that's sausage you don't want to know how it was made -- [laughter] >> i want to know. >> he was taking positions in private prisons, buying coal plants but now he's an environmentalist. david: interesting. >> that's why you can't run for politics directly when you're a billionaire from a hedge fund. that said, his policies are pretty good about environment, et. it's relevant because he can't run for office because he's got his own background that's questionable. what is relevant is this need to impeach slogan is bad mistake the democrats are making. they should be the bigger party than republicans who made a big mistake going after clinton who never should have been impeached either and frankly -- david: well, and adam, let me just play a sound bite because not only joe biden is arguing against it, but none other than jimmy carter. he's kind of the senior

democrat. he was talking to neil cavuto other day and this is what he had to say. >> i don't talk about impeachment. i think that's the wrong thing for democrats to do. and i think the outcome of the 2018 elections are just completely unknown now. david: so the wise old men of the party are saying don't do it, adam a. >> well, i agree. i mean, years ago here in california i was against recall of gray davis which led to the election of arnold schwarzenegger who was a good governor of california. i still thought it was a terrible idea. i think impeachment is generally a terrible idea. people who don't want donald trump to be present have an opportunity to act on that in 2020, assuming that he runs. that would be a far more productive use of people's efforts to try to defeat the candidate -- david: by the way, he hasn't been very successful. guy spent $73 million in the 2014 midterms, trish, and he had more losers than winners. >> yeah. well, and i think he's going to

lose on this one too. but keep in mind, the left is not just talking about impeaching trump, they want to impeach kavanaugh. there's a lot at stake, interestingly enough, with this election. i don't think it is a prosperous path to be heading down. we're suddenly now, if the left takes over, it becomes a massive political fight where they're out to impeach the president, impeach kavanaugh, etc. i mean, we've got a lot of real problems, putin being one of them, china being another -- david: also whatever happened to the idea the democrats, it was their idea, there's a problem when your billionaires are spending a lot of money trying to fix elections. >> let me just say this, if the democrats win the house, it's going to be one heck of a two years. there's going to be investigation after investigation after investigation -- >> yeah, but you know what? david: what? >> david, i think you already played the clip that the democrats are not thrilled with story. tom steyer's never held elective office as a democrat.

he's doing his thing which is his right as a rich american, but it's not like the party is happy about it. >> to be fair, obama did raise money mostly from small, not like it's all george soros pulling strings behind the backs -- david: although that a may be true as well. meanwhile, did you ever feel pressure to tip an ipad register? well, you're not alone. that's coming next. ♪ ♪ ..

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david: all these ipad registers with supposed to be more efficient. is this an example of technology make things worse when it points to a tip? >> i stay strong. all my confidence. come on. just getting a cup of coffee. it's just a register thing. i put a smile on my face and i sign it. i'm all for tipping. good service deserves it. but just a cup of coffee at the counter, i'm sorry, it's built into the coffee phrase.

>> i just like tipping. if i get something for $4 and they make me feel important and say my name, i will give a tip of the whole 4. i like giving people a little extra. twrish * i just -- trish: i just get really annoyed at the ipads. >> i actually find the whole tip thing very offensive. these tech companies have a lot of nerve in this area. uber is doing it and lyft is doing it. they don't want to pay anybody but themselves. they don't way to pay people a

lot. we'll feel bad and do it so they can all be millionaires. the new motto, just say no. >> i'm conflicted. i'm with trish who says you just handed me something. that's not a service like bringing my meal. on the other hand it's starting to dawn on me that these people are getting screwed with credit card tips. they have to pay taxes on it. >> a cash tip, they used to pocket that. david: my wife is immune to guilt trips. there is not a touch of guilt within her. who do you have coming up tonight, trish? trish: lots coming up. we'll get into the issue of the honduran caravan make its way to

the border. mr. lou dobbs. and he's joining me at the top of the hour. hillary clinton may be running again. is that good or bad. david: thank you, trish, for being with us. thanks for joining us. president trump: we are about law and order and borders, and they are about allowing crime to enter our country with open borders. that's not going to happen on my watch. if that doesn't work out we are calling up the military. and we'll have the military stationed. they are not coming into this country. they might as well turn back. >> we are reaching a crisis. record numbers of migrants. we talked about stopping the flow before it reaches t