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tv   The Evening Edit  FOX Business  October 26, 2018 6:00pm-7:01pm EDT

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primetime. we'll talk about what's going on with this crazy man out of florida. and the caravan is 14,000 strong and growing. i will see you at 8:00 p.m. thanks for joining us. president trump: i'm pleased into form you that law enforcement has apprehended the suspect and taken him into custody. these terrorizing acts are despicable and have no place our country. i instructed authorities to spare no resource and sentence to finding those responsible and bringing them to swift and certain justice. >> this is a demonstration of the skill, capability, and determination of our american law enforcement. the best in the world. liz: a suspect apprehended in
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florida in connection with the pipe-bomb-like devices sent to democrats across the country. the democrats' main mid-term selling points. president trump is stealing the democrats' thunder with his big plan to immediately lower your prices. it is a battle royale and your pocketbook is at stake. a brand-new crackdown from president trump. the president trying to seal and shut the border with a travel ban-style executive order. 800 troops and possibly more are on the border. thank you so much for joining us.
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thank you for watching. money, politics. we have the debate behind tomorrow's headlines. i'm elizabeth mcdonald. "the evening edit" starts right now. liz: a suspect is under arrest connected would the suspicious guys mailed to democrats around the country. reporter: one made -- they started to zero in on him 36 hours ago when they started to get evidence off the packages. then confirmation when they got a partial print. the arrest was made in plantation, florida. president trump said he brought the full force of the fbi to try
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and find this man. president trump: we carried out a far-reaching federal, and state and local investigation to find the person responsible for these events. these terrorizing acts are dispickable and have no place d are despicable and have no place in our country. reporter: he answered questions about his rhetoric. president trump: i think i have been toned down. i could tone it up because as you know the media has been extremely unfair to me and the republican party. reporter: the man has been charged with five counts from sending explosives through the mail to threatening a president. he faces 48 years in prison. they may not have gone off. but the fbi director said they were very real. >> we are analyzing the devices
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in our laboratory. these are not hoax devices. reporter: there could be packages that are still cycling through the mail system. the fbi says you should still be on the lookout. but they believe they have their man. liz: president trump taking the fight to the democrats stealing their thunder. polls so paying for healthcare is the number one anxiety on voters' minds. the president considering a bold, new plan to let medicare negotiate down drug prices. joining me now, rnc spokesperson kayleigh mactheny. democrats are saying the republicans have no plan to take care of preexisting conditions. what do you say to that?
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and the president's plan doesn't go far enough. >> this president has been unmistakably clear that he would be taking care of those with preexisting conditions. the status quo changes for those with preexisting conditions. this president as opposed to the last is take care of our consumers and bringing down drug costs because people don't understand we have a global free loading issue going on. if we paid what other countries paid, it would be $187 million. we can't allow other countries to benefit off our medicines. we have to equalize the playing field. liz: medicare d spending.
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it could cost $3 billion over a 5-year period. >> the hopefully it works. unfortunately we don't know enough about all of the drugs that will be covered. that will be up for debate. they believe it will be mostly biologic. but medicare part b is a small portion of overall medicare spending. this will only affect a small portion of the overall millions of people we see across the united states and particularly in the state of florida where their drug costs have skyrocketed. hopefully as kayleigh was explaining, tying our costs more to those in europe will help us and not hurt us. we don't know exactly how that will work out. liz: the republicans fear a
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wipeout in florida. losing to andre -- to andrew gi. >> when democrats say medicare for all, that means medicare for none. there are currently 56 million seniors nationwide on medicare. if we add in the 270 million americans into the pot, what happens to the medicare for our seniors? it's watered down. we see what's happening social security already. we have to protect our seniors in florida. liz: you see what's happening with the va. the medicare for all plan is considered incompetent. colorado, vermont and california rejected medicare for all. when you say what it is to voters, single payer, the approval rating for that plan
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goes south. even the chinese don't have a plan of complete government takeover. what's with this insane crazy, medicare for all idea. >> they want to move toward that and have more medicine and access to more people. liz: but it wouldn't work that way, right? >> that is the plan. liz: but the reality doesn't work that way, that's the problem. >> it's the opposite. mitch mcconnell said just a few weeks ago that if we have a continuation of the gop-controlled house and senate, the next thing they are coming for is quote-unquote entitlements which includes medicare and social security. we can't have that happen. liz: whether we need entitlement reform is an issue that's been out there since the reagan administration. take on medicare for all as
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single payer. do the voters understand what single payer really is? >> i don't think they do. everyone who has employer-based healthcare. the same people who run the post office and amtrak start to run your healthcare. we start to look like canada and the u.k. where people have died on what it lists waiting for care. socialized medicine is not working. liz: they have privatized their healthcare system. you don't have guaranteed jobs. in theory they sounds great, but in practice they are awful.
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>> with obamacare the wait increases the amount of money to pay for these is having as one entity, not doing away with employer healthcare, or the personal access where you can get your own healthcare, but where there is a single payer so more and more people are in the system. that was part of the maybe issue. liz: why rip everything out and throw the baby out with the bath water. why not stick with what we have. thank you for your insights. let's get your money in the market. stocks taking a big hit with the major indices closing down. christina has our report. reporter: we did see the markets get closer and closer to correction territory. down 10% off the most of recent peak. you are seeing the dow jones. the nasdaq is tech heavy.
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you had two major movers. google and amazon. amazon down over 7%, almost 8% down for the quarter. but so many analysts believe in this company from the long term. one analyst told us this is a 2020 store iy -- story. hold amazon. you are seeing the price targets well over $2,000. google had a revenue miss, but they are feeling the impact from a "new york times" story that came out saying several of the top executives received lucrative exit packages even though there were allegations of sexual misconduct. how these tech companies hit their peak, should we be talking about the multiples. we talk about the companies and
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the stocks. there was a movement into a flight to safety. we are seeing gold actually hit a 3 1/2 month high today. $1,235. then you had the then year treasury yield that we saw a few weeks ago on october 2. overall, you are looking at the markets, i can't keep track of it. what's causing the volatility. you are seeing a stloafdown in corporate prove fits. there is concern we'll see earnings start to wane off and start to go down. the second major thing is global growth. you have obstacles from china. the e.u. with the pmi. and trade wars. then last but not least you have rising interests rates to make debts higher for you and i. but today the volume wasn't too bad. so not a complete sell-off.
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liz: nbc announcing megyn kelly, 9:00 a.m. talk show is canceled. her future at the network is unknown. starbucks opening a shop that incorporates american sign language. the first store opened in washington, d.c. to the 87-year-old earl livingston, he got luck after break his hip on the way to buying the mega millions ticket. he got into a winning hospital lottery pool that hit the $1 million jackpot, so he shares with 140 other employees of the hospital. a hellish fire consuming almost all of a 150-year-old first
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baptist church in massachusetts. one item survived the flames, a painting of jesus. the second wave illegal immigrants heading toward the u.s.-mexico bored. 800 support troops will be deployed to the border. the president is considering doing more. the market volatility, will that help president trump's mid-term marketing? we'll debate that next. but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell.
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liz: it's the move october, the month of halloween. could it make some of the republican party nervous as we head into the mid terms. the previously sizzling hot markets has been a rallying cry for president trump. what if he can't brag about the markets as they go south. patrice and tom, great to see you both. the president tweeted about six dozen times on the market his
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policies adding $8 trillion to stock portfolios. but they are falling down the stairs back at july levels. >> most of americans are not looking at the market every single day. particularly people who voted for donald trump and will be conservative voters. they are look at how he delivered on his promises. particularly for demographics like blacks, hispanics and women. while the markets will be volatile, i don't think it will be top of mind for most of voters. >> the market has been on a 10-year bull run. and it accelerated with president trump. he cut taxes and cut regulation. that's been a huge boon to the economy. last quarter gdp was 4.1%, 4.2%.
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the market goes up and down it's good that the market is getting a correction. because corrections are healthy. i would rather have a correction than a big drop. i think all is well. i think president trump voters realize that, even those hard working americans that he promised to get job, look at the unemployment rate. it's a booming economy. president trump needs to focus on the jobs creation and he'll be just fine. liz: consumer confidence is at generational highs. people are going to go into the holidays feeling they have a good job and they will do merry christmas spending. >> i think so. when you look at amazon, their stocks are down. their q3 weren't down. but they will be one of the
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biggest retailers this season. i think you will seat online retailers do well. there are a couple of areas we have to keep our eyes on. the housing market is starting to struggle, and that has to do with interest rates. i think that's why president trump has been calling them out for it. if you are in an area where tariffs are hitting you -- liz: president obama is taking credit for the economy. and the president is saying you didn't build that. >> president obama said president trump would need a magic wand. well president trump is essentially a magic wand. in some ways president trump is a victim of his own success because the economy is growing so much the federal reserve is starting to pick up interest rates and that's starting to hurt consumer spending with respect to cars and the housing
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market. i think president trump is right, it's time for a pause a little bit because we haven't seen the inflation which is one of the two things they worry about. liz: we have more bad news for tesla. the squall street journal warning tesla facing a deepening criminal probe over whether it misled investors on production numbers. tesla told the wall street jirnlt got a voluntary request for documents from the justice department. this coming after tesla settled an sec super fraud case after elon musk's tweets. the elon musk and tess lap each gave up a $20 million fine. the battle over the white house
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is two weeks away and it's getting white hot. president trump threatening to seal and shut the border with a new executive action on the level of and travel ban. along with 800 troops head together border. we are getting closer to a showdown with that caravan less than 1,000 miles away. we have a reporter in with the caravan. stay with us. i landed.
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. liz: welcome back, we're coming into the bottom of the hour. president trump arriving just moments ago in north carolina ahead of his make america great again rally. tonight 7:00 p.m. eastern time in charlotte. people waited 24 hours, sometimes in the rain to see the make america great again rally by president trump. we'll keep you posted on that. defense secretary james mattis signing off on sending 800 or more troops to the border to
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help with the caravan less than a thousand miles away. fox news' william la jeunesse is live with the latest. william? reporter: liz, they arrived in this town 62 miles today, based largely among the generosity of mexicans giving free rides as they hitchhike up to the city. some are eating, locals brought out the food. this is where we're going to sleep in the town square on carpets on the sidewalk and the mexicans brought in a water truck, probably the first shower anyone has had probably in three weeks since leaving honduras. the pressure campaign having some effect. in the last two hours, president of mexico said members of the caravan are entitled to a job, medical care and school if they come had in and apply. sweeten the deal from the asylum claim and maybe we'll give it to you in 45 days, maybe not. most of those we talk to want to go to the united states, the
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fastest way is on the train. this is where the beast, la beastia is supposed to stop. there's another in oaxaca and other ways. the migrants say there's another train at 4:00 in the morning. the locals say that's not the case. we're not sure. half the men we talk to want to take the train. others said they're going to take a vote on it tonight because the beast is known for theft, kidnapping, gang, element, whereas the caravan gives them safety in numbers. they're on their way to tijuana, we'll see when they get there. liz: bring in the daily caller white house correspondent and washington times contributor eric schiffer. great to see you both. eric, the military cannot solve the problem, congress can, congress has the authority to close the loopholes that incentivizes the legal border crossers, right? >> yeah, no question, and
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congress, despite i think the best interests of the president and many republicans won't do that. it's not going to happen. democrats don't want to see that happen. they'd be alienating their base, despite the fact they can't also be seen as too soft. so what will really get this done is policy but it's not going to happen, so you're forced to bring in the military. i think you should bring in fema so we can process them, get them through the system, do education on what it takes to make them a legitimate legal citizen, and have the military there as backup. liz: wait, they need to apply to be a citizen from their home country and not endanger children by marching to the border, right? >> agreed. right. but they have -- but at the same time, we're going to have them there. we should educate them, i think, and show the world, again, remind them what the policy really should be. liz: what do you make of the idea of executive order to seal and shut the border.
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senator dianne feinstein reportedly told president obama he does have the broad authority to regulate the border in 2014, what to you make of that sgld. >> that points to the only way to stop any of these people from coming to the united states is drastic action like that. it would take sealing the border or another travel ban. travel ban 4.0 if you will in this particular case because the moment any of the migrants hit u.s. soil and ask for asylum, they are automatically triggering a series of legal protocols which require us to catch-and-release them like the president said. they're looking at a variety of different options but absent very, very drastic action like sealing the border and/or travel ban of another sort, there is no way to stop these people from coming to the u.s. >> you know what? the voter doesn't like it, at all, eric and we get, it we're a humanitarian nation, but we have an inundated bureaucracy and executive orders can be abolished by the next president.
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legislation is permanent. here's the president tweeting -- here's the thing, eric, now that democrats are saying it's racist to talk about the caravan. that's not the issue. it's about border security, right, eric? they were for it five years ago. >> look, it's a cheap shot to say that it's fortunate protect our border. and those that don't want to do it are racist, because that argument has been used in the past for decades, and frankly, we're a sovereign nation, we must protect our border, like other countries, and we can't succumb to these shots of racism and other things that people are using to get their way, to make their point, and in the process keep america unsafe. we can't do it. and we've got to stand tall. we have to stick to the beliefs
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that has built this country, which is a sovereignty with protection, but i think compassion for those that want to do the system the right way. >> and that is applying from their own country, their home country to be immigrants. here's the thing, was it racist when the democrats said in 2013, they passed a bill, 52 democrats, we're talking schumer, elizabeth warren and more said you know what? shut the border do, a border fence, end visa chain migration, end the visa lottery, that's what the democrats wanted five years ago and all of a sudden calling it raisist to do things like that? >> what's more interesting is if you look at democratic candidates running in tight races week contacted all of them over at the daily caller, not a single one wanted to talk about the caravan, none of them wanted to talk about asylum, the loopholes that exist in our law and shows why it's an issue that the president is going to be talking about every single day leading up to election day. i'm not sure if you saw a few
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days ago, we tweeted a clip of former president obama talking about the need to secure the border in the south it. used to be a bipartisan issue, but under donald trump, things have really gone haywire and democrats have forgotten their old positions. >> that was then-senator obama in 2005. up next, the balance of power in the house and senate up for grabs. warning democrats, you know what, you got a problem, it's a big one. doug is here to explain next. >> tell you what we're not and who we're not is a bunch of socialists, and we are not and never have been a nation that uses government power to punish the enemies of other citizens. and to get elected on the premise that that's what is going to happen. that's what the democrat party today is essentially promising. we think it's time for the financial world to stop acting the same old way. in today's complex world, you need a partner
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already begun. estimated at more than 9 million people have already cast their vote. if this pace of turnout continues, it could be a record-setting, barn-burning turnout for the midterms. money spent, $4 billion. pick it up with fox news contributor, doug schoen, good to see you, doug. >> good to be here, liz. liz: the polls are never trustworthy, but you say the democrats are making a big whopping mistake. what is it? >> so far to the left. you were pointing out correctly just now on border security. they abandoned their position in support of border security, anyone who talks about protecting the border now is apparently racist. with the party moving in the direction of socialism, i think if they're outside the mainstream of american life and certainly the base of the party. liz: you know what's
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interesting, there's a poll four out of ten democrats say socialism is the best form of government and the majority says socialism has a positive impact on society, doug. >> well, there is a segment, and as you point out a healthy segment of democratic voters who feel that way, mostly primary voters. in the broad national electorate, i think we would both agree most people are not socialists, they support free market capitalism, the opportunity to get ahead by your efforts, not redistribution, and i think that's where the swing voters are as we go into the november 6 election. >> you know socialism is basically the economy at the tip of a military rifle or gun. it's the government really with the military running the government. you know, bernie sanders and the democrats always point to scandinavian countries. >> right. liz: great socialist models. they say wait a second, we're capitalist with welfare states paid for by taxpayers and don't have guaranteed jobs or minimum wage mandates in scandinavia.
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>> that's correct, and the other thing we're seeing countries like sweden where there is illegal immigration or in some cases i'm probably wrong, legal immigration, it tears at the fabric of society, and it's issues that certainly they've not had to deal with in sweden so far. we are a nation of immigrants, we're multiracial, multinational and we have to adhere to some rules which doesn't mean we can't be compassionate but you can't brand anyone who is for border security a racist. liz: i want your reaction to hillary clinton staying is time to come together as a nation, watch. >> it is a troubling time, isn't it? and it's a time of deep divisions, and we have to do everything we can to bring our country together.
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we also have to elect candidates who will try to do the same. as an american i'm worried. liz: is hillary clinton going to run again? >> well, first i should say, having said that you can't be civil as a democrat, she's changed her tune. she is always totally political, and to your question, liz, i think she wants to run. >> you think she wants to run in 2020. >> we have a multiplicity of democratic candidates. no clear front-runner, perhaps other than joe biden. not clear he's going to run. i think she'd like to get in the race, yes. liz: why do you think that? she's saying, she continues to say i got the popular vote, right? >> she got the popular vote and i know hillary clinton. she is as ambitious a person as i have met. she feels in a lot of ways that she was cheated, taken advantage of, whatever word you want to say, and she has not given up on her ambition and i
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think she would like to be the democratic nominee in 2020. liz: so hillary and bill clinton are going on that 13-city tour starting after the midterms. is that a preview of possible campaign? >> i think it will be a preview and the clintons are charging from $100 a seat on up, so i think -- liz: wait, are you saying they're out of money? >> i'm saying they're certainly doing this with a motivation of making money. it's obviously been a tougher lift for their foundation after the 2016 campaign. liz: how much are the tickets? >> i think they start add 100 and go up to 3 or 400 and vip access. liz: the clintons pocket that? >> i don't think they get all of it, i doubt they're doing it for free. liz: doug, we're going to have you back on when the tour begins. >> i look forward to it. liz: next up, remember when senator jeff flake months ago got cornered in an elevator by protesters. now senator flake is saying it worked?
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it was powerful and effective. we're going to hear from matt schlapp of the american conservative union about that. and next, the trump administration inviting vladimir putin to visit the white house even as u.s. authorities say the russians continue to try to meddle in our election. we're going to debate that coming up. alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.
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. liz: welcome back. polls show that voters continue to be uncomfortable with the strident loud and in your face political protests in the heated rhetoric. here is republican senator jeff flake that's saying, in his case, it was effective. watch. >> well, that was powerful. president said they were paid protestors and what not. i don't believe that. they had a story to tell and wanted me to hear it, and it was effective, too. i was unsettled about the process. i felt that we should have done an fbi investigation. liz: and now after senator flake was confronted in an elevator by activists over the nomination of brett kavanaugh to the supreme court, senator flake did demand the delay and more time for the fbi to investigate those allegations against justice kavanaugh before the vote was taken. this is complicated stuff.
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let's ask matt schlapp, the chair of the american conservative union. great to see you, matt. what's your reaction to senator flake here? >> jeff flake, i continue to believe jeff flake is a good man, a friend for a long time. man, has he lost his way politically. they were absolutely paid protesters. i'm not saying every single person who protested against brett kavanaugh was paid, it was a paid effort to do everything they could to disgrace this man and a lot of the charges that came forward have been thread bear and it was all because the liberals feel they deserve to have a lock on the supreme court, and i think it was a really telling moment for the american people who looked at the left, the democratic party which has become as doug schoen just said, so left-wing and radicalized and saying this is not the democratic party of my grandfather. liz: or our parents. >> right. liz: the protesters worked for groups funded by george soros and others. >> absolutely. liz: not that they were paid
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individually by george soros but the groups backed by george sorees. >> all the buses, the hotel rooms, the logistics, that doesn't just happen, i'll tell you that. liz: senator flake said as a politician he listened, albeit he was cornered, matt, but is every politician going to listen to somebody who corners them or gets in their face? >> this is the worrisome part. a lot of republicans like myself, we can laugh this off, in kavanaugh's case because we won. i actually think this desire to humiliate republicans and to embarrass people in public, i think it can work. i think there are a lot of republican officeholders afraid to go to things, afraid to go to restaurants, afraid to go out in public because they don't want to be embarrassed or don't want their kids to be embarrassed. liz: scary, too. what about when it doesn't work or possibly backfires, matt. isn't there a danger there that could lead to ugly situation?
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>> here's the real danger, we're talking about scary thing with the bombs that the lunatic put in the mail. but remember, we have republican candidates for office who have been stabbed, who have gotten death threats, you know? this has become very serious and very violent. i always think of poor steve scalise whose life will never be the same because there was an assassination attempt against him on a ball diamond. we've got do something to make sure people realize that in america, the politics of violence and fear does not work. liz: talk to us about -- steve scalise, he has difficulty walking, right? >> look, steve is a great friend of mine. a courageous man. let's face it, physically he's going to have challenges the rest of his life. he's lucky to be alive. and by the way, his colleagues like roger williams and others who ran off that ball diamond that day, you know, this could have been a mass assassination but for small circumstances
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including great work by law enforcement, but the left loves to talk about trump's rhetoric, and i just feel like we have to really look at what's happened which is the left is the one, you had the former top law enforcement officer of the country, eric holder, saying it's okay to kick people like me. have you hillary clinton saying that republicans and conservatives, you can't be civil with them. well, we have to be civil with each other. how can hillary clinton claim she should be the president of the united states, i think she's going to run again too, and talk like that? it's disgusting. >> matt schlapp, you are terrific, thanks so much for coming in. >> thanks, liz. liz: vladimir putin scoring an invitation to the white house as his own country continues to be accused in meddling in u.s. elections. we're going to get to the bottom of that next. >> moderator of meet the press. >> like the russians could be behind it, because this whole thing was bound and determined to help president trump. (performed by jerry reed)
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♪ ♪ east bound and down, loaded up and truckin' ♪ ♪ we're gonna do what they say can't be done ♪ ♪ we've got a long way to go and a short time to get there ♪ ♪ i'm east bound, just watch ol' bandit run ♪ ♪ whatever party you've got going in the back, we've got the business up front. ♪ [clang]
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liz: deputy attorney general rod rosenstein declared the mueller probe is quote appropriate and independent and has revealed widespread russian efforts to meddle in u.s. >> i recollections. days later the feds bust a russian national for trying use information warfare to do just
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that. kayleigh, national security advisor john bolton said reuters the white house has strongly criticized russian policies in the crimea and hit them hard on the u.s. election. >> this administration exhibits strategic toughness. we want to move this relationship forward. that means talking to putin and engage in a relationship. this has been stuff with expelling russian diplomats ending a nuclear arms treaty. this presidency has been tough on russia. we are not going to shut off something. that doesn't move anything forward. liz: president trump said it's in america's best interest to establish a working rip. >> i think it' a nice thought
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and wish. really putin's goal here, he's former kgb. he regrets the downfall of the soviet union and he's trying to go back that way. he's doing everything possible to cause divisiveness and der flition our country and other countries around the world. my concern is we are out as kayleigh mentioned the helsinki proliferation treaty. is the president going to offer a new treaty like he has done with our trade agreements? we need something in place that will not put us into another nuclear arms race when i was growing up. that was one of the hallmarks of president reagan's time in office. >> you look back at administrations, and every administration has tried to work
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with russia. obama called putin a strategic partner. every president tried to have a working relationship. what i can tell you, this president will try that. but he's not going to enter into a raw deal for the united states of america. we see that with the trade deals and toughness he exhibited on the world stage. with the nafta deal and clinton years, this president won't be entering into something that doesn't help the american citizens. >> it looks like the democrats are underestimating trump here. >> i hope you are right. i hope he's well aware. i think a lot of his rhetoric to date and the conversations and nice considerations he made about putin are leaving everyone sceptical. i can only hope he applies his notorious toughness and deal making to get an upper hand on
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putin. liz: the president will be meeting with vladimir putin in paris in the coming weeks. thank you for watching. lou dobbs is next right here on the fox business network. lou: good evening. our top stories, federal authorities have arrested a suspect in the mailing of the suspicious packages to prominent democrats. a 56-year-old man withing a long arrest record and a history of threatening celebrities and politicians online. president trump urged swift justice in the case and urged americans to come together. president trump: we must never allow political violence to take place in america.

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