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tv   Trish Regan Primetime  FOX Business  December 19, 2018 11:00pm-12:01am EST

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one will put $4 billion on the border wall. and other will say to change our asylum laws. lou: thanks for being with us. good night. trish: president trump declaring victory against isis, ordering u.s. troops to start returning home from syria. it's a move he predicted would happen nearly 9 months ago. president trump: we are knock the hell out of isis. we'll be coming out of syria very soon. very soon we are coming out. trish: some are cheering the move and heralding it as a new era in international relations. others are calling it a strategic error. take a look at this exclusive video we obtained from our
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sources in socialist venezuela. this is money, this is currency. money which is worthless in that ultra liberal country. tonight we continue our exclusive reporting on how socialist leaders nicolas maduro's re ijams just days away from total collapse. remember this moment from the inauguration when milan yeah trump gave michelle obama a present. it turns out michelle wasn't too keen about receiving o the tiffy box. what she is saying about what we thought was a kind gesture. breaking this evening, president trump declaring a u.s. victory over isis in syria and telling american troops, come on home.
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>> we have been fighting for a long time in syria. i have been president for almost two years and we really stepped it up, and we have won against isis. it's time of to come back. they are getting ready. our young women and men were they are coming back and they are coming back now. we won and that's the way we want it and that's the way they want it. trish: president trump referring the heroes to gave the ultimate sacrifice. joining me, jim hanson. welcome. i know you say this is the right move. tell us why. >> president trump as you said and as you showed promised to do this when he was campaigning and 9 months ago, and he's authorized and required to do it. the hunting license in that is for al qaeda and al qaeda
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related groups. not to fix the syrian civil war. once we get to the point where isis is eliminated or defeated, he can't decide to stay and keep our troops there to fix the broken country of syria. so he's doing the right thing. trish: critics say barack obama made that mistake. i pulled out of iraq too fast and we were left with the creation of isis. so he bears that responsibility. in your view how is this different? >> at that point we had authorization to stay in iraq. the problem with syria this is nothing to rebuild. we went in because isis was operating from there. the assad regime is still there. the russians have an air base and a port.
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>> that's one of the concerns as well. putin is trying to get his hand in everything. he thinks he's in charge it east in but he's not. if we allow him to reign over syria, does that put us in a more vulnerable not. >> they have been there for a long time. the idea somehow us staying is going to change that isn't going to happen. unless we are willing to go into a hot war with russia, we weren't going to dislodge them in any way. what would keeping 2,000 troops in syria do? one thing it could have done is provide a barrier for iran staying there and increasing their influence. but that can be dealt with using sanctions and our other allies in the region. the saudis and other folks have started moving in and doing
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reconstruction and rebuilding. that's their neighborhood. so they enter now. >> you just look at nato. none of them where contributing what they should. he made it very clear they need to start stepping up to the plate. but let me ask you this. this is signaling a big policy change. we have owned the fact that we are the pledg hegemonic power ad the world. is this marking a different era? >> i think president trump is moving from the u.s. having to have boots on the ground to influence a region to use all aspects of u.s. power to influence a region or the world or project u.s. power. we have been at war in afghanistan forever now. just because we started fighting
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somewhere, the idea that we have to to stay there is flawed. we can work the turks. we made an arms deal with turkey. making that deal and trying to pry them away from russian influence is a good idea. but we should be pressuring them to help in syria as well. i think it's a better way to go about it. trish: fox news senior strategic analyst retired four star general jack keane. i know you have some concerns about this move. what is it that you think the president really needs to know and to understand right now? >> first of all, you and your viewers know because we have been talking about trump's foreign policy and national security decisions for almost two years now. and i agreed with most of of them. but this i believe is a serious
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strategic mistake that will have dire consequences. i think it's a decision the president will come to regret, and here is why. you mentioned the obvious analogy is a simple one. and it's this. how you end a conflict is more important than how you start one. and history will tell you that. when we stayed post world war ii germany, italy, japan, we helped stabilize those countries. we did the same thing in bosnia. when we prematurely withdraw forces because we are frustrated or tired of the time it took, vietnam, iraq, syria, the consequences are usually unfavorable and dire. it's not speculation, trish, that isis indeed will re-emerge.
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our intelligence services have already forecasted that. the reality is they will come back. they are conducting terrorist operations around raqqa right now on a low level. the institute for the study of war has been reporting around iraqa where we drove -- raqqa where we drove isis out. they haven't rebuilt the power plants and bridges they promised they would put the community back together. all that reconstruction money has been delayed. they will take this and use this. now they will come back and say the united states is going, they are leaving you. and they will use that to recruit and they will use that to have influence. swrirs will definitely come back. the iranians who are a much greater threat than isis will
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now own all of syria. that is a fact. they will encroach on the sovereignty and security of israel. russia and our adversaries will look at this not as a victory by the united states, they will look at this as weakness. it impacts north korea in terms of the stalemate we have with them right now. it impacts russia if terms of our ability to confront them and have tsunami pact on them. it impacts also with china. i believe we have been making the right moves in north korea, china and russia. but it will embolden them. all these things are related to one another. trish: why do you think he did it? you have been so in sync with his foreign policy, you liked what he has done. this is a trajectory from his
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foreign policy you appreciated. why do you think was motivated to bring the troops out now? >> we did what we said we were going to do. and now if isis comes back, it's up to the syrian kurds and arabs and others in the region to deal with that and possibly even erdogan and the turks to deal with that. and i also think he's always had some concern with the middle east. in terms of the lengths of time we have been there in our wars. the amount of money we spent and the casualties. one thing history has told us, the middle east is a breeding ground for radical islam and it's the place where iran wants to dominate and control. if we walk away and don't have the influence that a modest investment of 2,200 troops make
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and reconstruction money, now we organized the saudis to encourage the saudis to give up hundreds of millions of dollars to do that. this is not a major effort on our part. and it keeps us in the game. if we walk away, we won't have a seat at the table to impact the solution. the russians and iranians will determine final solution in syria. by that presence i'm suggesting, 2,. -- 2,200 troops. we are not rebuilding syria. we are reconstructing what we destroyed and taking down isis and what they destroyed. we are walking away from that political influence now, in my judgment by looking at the near-term issues as opposed to the long-term strategic
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consequences. >> do you think he might reconsider? do you think if we do see any kind of rise in isis pop back up there, the president will say, we are going back in? >> he already said that. he would be willing to respond to any threats that emerge. obviously isis. but once you pull out, you are going to go back in, you by definition are protracting the war tblp noise doubt isis will re-emerge. if the president is going to come back in and all we are doing now is encouraging that reemergence. we are encouraging isis to have leverage over the people in eastern syria that they were very i rannically cool to them when they were occupying their territory. but this is going to work to their favor. yes the president may come back in. but why, why if you are pilling willing to do that, let's finish it. let's stay the course and finish
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this once and for all. trish: general keane, thank you so much. you are looking at looting of food trucks because people don't have food. why socialists in our country need to pay attention to these images. this is what happens when socialism takes control. and we have more exclusive video from the ground in socialist venezuela for you tonight. the liberal media letting its bias get in the way of the troops. saying our current economy is obama's economy, not president trump's. i am setting the record straight. "trish regan primetime" right after this. ♪
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>> if the justice department takes the position that michael cohen should go to jail, these allegations are so serious he should go to jail for these campaign fraud allegations, what is the argument against jail for the individual who coordinated the scheme. the rich and powerful shouldn't have a different set of rules. that argument applies to the president of the united states. trish: democrat adam schiff claiming if president trump's personal attorney michael cohen gets jail time, so effectively should president trump. it makes little sense, but these days little does. it's another example of those on
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the left clinging to whatever they can materialize out of the thin air. that may legitimize the russia investigation no matter how much of a stretch it might be. kurt schlichter and attorney as well. given your legal background. cone is going to jail apparently for the following, tax fraud, that was of his own doing with his own organization, his own issues. campaign finance violations because he allegedly paid off women to protect candidate trump. trump can argue it was a personal matter only. then there is that lying to congress which is a problem. intellectually i would say once again the left is failing. the idea the president is guilty of the same exact crime is a little bit of a stretch. but in my opinion, you are the legal expert. so tell me, could trump go to
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jail just because cohen may go? >> color me shocked that adam schiff says something stupid. i can't believe it because that never happened before except every single day except every day for the last two or three days. i'm glad to see adam schiff is for the principle of equal justice which is why hillary clinton is in jail for mishandling classified material like every single one of us who mishandled classified materials and worked for the government would be. no, the president should not be in jail. the tax fraud stuff cohen did had nothing do with the president and the lying to congress had nothing to do with the president. and the. trish: walk me through that.
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>> stephen colbert's laud audience loved -- audience loved it. trish: hillary clinton and her cronies get a free pass. walk we through why michael cohen's problems here in your view aren't crimes? >> the campaign alleged violations are a twisting of the statute. to basically criminalize a personal payment by characterizing it as a campaign contribution. whether or not even these campaign finance laws should be constitutional -- i don't think they should be -- but let's assume they are held constitutional. the simple fact the president made payments to pay off ex-girlfriends like bill clinton did and dozens of people in congress did, can't be twisted from a personal payment to
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protect his family to somehow benefiting you as a candidate. again, by definition, every single one of those congressmen and women who benefited from that slush fund that we still haven't heard fully who benefited from it. trish: they are guilty, too. come on, adam, let's see some names. let's see your friends fraud marched out of the capitol because they benefited from their future campaigns by these payments. but it was worse baits was the taxpayers' money and this was trump's reportedly. trish: one cnn host is trying to credit our booming economy to obama's economic policies. coming up, i'm setting the record straight. i'll tell you what he said. and i will tell you it's insane
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to think president obama is responsible for the economic growth we are seeing today. reaction from president reagan's former economic advisor mr. art laffer. venezuela moving closer to the brink of collapse. this ways happens when you put a socialist in charge. we have brand-new exclusive video to show you of people forced to take desperate measures in search of foods. folks looting food trucks in hopes of getting their hands on anything to eat. anything to eat. this is the real cost of jardiance asked-
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and get to the heart of what matters. >> he's been buoyed by an economy going gangbusters. an economy the president even haired from obama and juiced by the tax cut. trish: clearly you know nothing about economics. maybe about theater. but not economics. if you did, you wouldn't make such an idiotic comment. this goes for any and all politically leftists pushing
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their revisionist history. obama was good for our economy? i can tell with you no political guy as here, just pure economically minded rationale, president trump was not good for our economy. wage growth was stagnant for 8 years. 1.6% annualized growth is nothing to be proud of. nothing to write home about. before don lemon and his economically unsophisticated cohorts say obama inherited the worst modern recession ever, let me remind them. it was awful. i have point in in living the life of 2007, 2008 again. but because that recession was so bad. all the more reason when we
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begin to emerge from something like that, our economy should have green even more because the comparisons were so easy. we were way down there. so little improvement would have meant we were way down there. it didn't. it was because of president trump. he was a downer. really. kind of a downer. i was just a kid when carter was in office and talking about the down days. you never heard any optimism from obama on our economy. every time we got a jobs report he would say we are making a little improvement. he would never admit the glass was half full. he told business owners they didn't build that and he left corporate america with the highest tax rate in the world. and forced many of them to relocate overseas.
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when they go overseas, guess what, jobs go overseas. his only game in town was his fed, bernanke and yellen, had it not been for them our economy would never have climbed out of the hoilt was in. i'm setting the record straight for those on the left, including those who don't understand economics over at cnn, including president trump himself who is trying to take credit for the current administration's economic policies. they need to recognize the pathetic weakness of their own anti-capitalist agenda. joining me a man who knows a thinger. >> two about creating growth. art laffer, president reagan's' economic advisor. and economist donald rurks skin.
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-- donald ruskin. donald, little start with you. some folks over at cnn who don't understand the economy actually want to believe that the success we are seeing right now is somehow aattributable to barack obama's policies. what do you say to that? >> in 2008 when barack obama won the presidential nomination for the democratic party he said this was the moment when the rise of the oceans began to slow and the planet begins to heal. this guy is a first class messianic narcissist. so don't be surprised that he takes credit for the economy after he has been gone for two years. your statistics say the all. the obama economy, 1.3 gdp group
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p growth. d. he not standing on shoulders of giants. he's standing on the shoulders of a pigmy. trish: it was frustrating during barack obama's years. lower taxes, less regulation. but it's not that hard. yet he made it hard for himself. you flip a switch, you change the policies, and what do you know, you get growth. how about senate. >> i think your opening monologue was wonderful. i think you have done well with this show, by the way. don rurk ruskin was wonderful. don lemon picked the day to make that statement when an editorial in the "wall street journal" where obama's chairman of check advisors said donald trump
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increased you more than they should have been. you do have a way with words. trish: so the economy is doing great. fundamentals are good. there are some out there. i think that same commentator making the comments about it being because economy also alluded to recession. do you see any recession on the horizon in the near term? >> no, i don't. there are certainly risks. the trade war that we are conducting right now with china is a very noble but risky thing. we are trying to get china to be less protectionist. if we succeed in that it will create a lot of wealth for us and china. we are fighting a war and you
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have got to break some eggs if you are going to make an omelette. trish: art, we got a rate hike today. the president didn't want one. he told me in our recent interview, he saw the fed as his biggest threat. is he right or is the fed doing wait need to do given we are in a growth environment he told me that this week, too. i thought a long term bond of 4 1/2% would be about right. but i think he's right. i'm changing my mind quickly watching what happened with paul today. i think he was the right choice for fed chairman. but swieght did to the markets. i don't think we want that type of thing. i think he should take a pause. we should have a hold on monetary policy until the
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markets stabilize again. trish: don't you want to see a little inflation before you start moving on interest rates? >> you shouldn't be hiking interest rates when inflation is falling. powell said he uses the 10-year treasury. it's down 50 basis points in two months. you don't hike into that. did you know jerome powell went to georgetown prep, same as brett kavanaugh? i think in his press conference he had too many beers. >> are you serious? are you worried about the stock market falling? >> it already has. far too late to worry about that one. stocks are cheap. i do think it's a harbinger. we are going through a volatile period so stocks are volatile.
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but stocks are up 15% since their highs 2 months ago. a year ago people on this show were saying how overvalued stocks were? i think they are smoking cheap now. trish: venezuela on the brink. venezuelans desperate for food. venezuelans desperate for help, desperate for leadership. that's money. not garbage. their currency has no worth. this is a warning for the likes of alexandria ocasio-cortez. it's a warning to bernie sanders. coming up next how their socialist leader nicolas maduro could be starting to crack. former first lady michelle obama giving everyone a glimpse of
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trish: congress trying to avoid a shutdown, and they are kicking the canning down the road. money for our southern border wall is in flux. but president trump is not budging on this. joining me now, michael burgess. no shutdown? >> i don't think so. may i make a comment about your previous panel and the lead-in to that talking about president trump riding the thermals of the
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obama administration. i challenge anyone to pull up their 401k statement from calendar year 2015 and compare it to 2017. that's the difference between the obama and the trump's economy. i am not an economist, but i do know what i can read on those balance sheets and things significantly improved for me and hundreds of thousands of americans with their 401ks after president trump took office. trish: the market can be volatile. but the fund amountals are -- the fundamentals are good. the gdp has doubled it's a reversal of policies. it's not the obama policies of yellser year. it's -- of yesteryear. >> people are trying to talk down our economy. they don't like our president. if they talk down the economy,
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think think that will hurt the president. look at the past 20 years. the economy was at its worst when the democrats controlled the house and nancy pelosi was speaker by any metric you want to use. i think we are coming into a dangerous time. i think people who put their party and party leadership above valuing the american people, it's a terrible mistake. you are right about the president's border wall, he needs it. we saw the images from the people who were there the other side of san diego and how they could come to the fence and melt through the fence and over the fence. the border wall is a crucial part of our border security. it's not okay the democrats would say we would rather shut the government down than fund border security. i don't know what they are doing over in the senate even as we speak. but this is something that the
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president must get the dollars he needs to secure the southern border. trish: the big question is will he get it. we'll see. we'll see. look, things are going to change over in a couple weeks and it will get that much harder. >> that's the dangerous part of this. you push it to a government shutdown by january 3. no matter where we are in that discussion, nancy pelosi and house democrats are in charge. unfortunately there is a back stop to this that is not healthy. trish: thank you for joining me, and thank you for your comments on our good economy. this is exclusive video of -- obtain bid our program it's hard to watch. this exclusive video continues to show us the chaos and desperation that existed right now in venezuela. as socialist dictator nicolas
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maduro clings to power. but word tonight. he started to crack. joining me right now, an investment banker from venezuela who has been working on wall street since 1994. and you hate seeing your country in this kind of state. how bad is it? >> well, you have a situation where really there has been a con sphron takes politically where the country cannot get its democratic rule, it lost its democratic process and applied all kinds of gimmicks to stay in power. one of them with a diminishing inflow of oil revenue and tax revenue has been to print money. so the value of money has gone to zero. so the purchasing power of venezuelans has gone to
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basically zero. trish: that's why we see the money littered across the street. >> people spend credit cards if they have them or have to pay with money transfers. the real value of wages has gone to zero. how can you afford food? so you have situations like this where people are looting for food. they are don't have enough to feed their family so they are desperate. trish: we have seen video of people rioting in the streets. when you don't have basic necessities, this is what happens. and people are angry and understandably so. so tell me about where we go from here. we are watching this as americans, and there are a lot of americans who may say, hey, maduro kicked us out. we had american businesses doing great work there.
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the tremendous opportunity of the oil industry. the venezuelan government, they don't want it. >> they ablied economic policies and made it difficult for businesses to operate. how can you express your operations in venezuela when there is such a distortion in the exchange rate or the value of raw materials. so many have left. they consolidated their earnings from their headquarters. so just last week, a big network of service stations closed. now who is going to replace them? trish report russians down there. vladimir putin flying fighter jets just last week. you have the iranians and the
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chinese. basically everyone you don't like is down there. it's a violation of the monroe doctrine in the western hemisphere. enabling them top exist in venezuela and have a launch pad to the united states. >> i think the political process has broken down and the u.s. has take and stand where it's not going to comply or sanction all this behavior from th -- from te venezuelan government. trish: let me talk about the good stuff. maybe someone else comes in, maybe maduro, maybe his days here are actually numbered. do you need to see a change, a
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shift in order to get more capitalist principles into that economy? >> i'm not specialist in that area. but i can tell you obviously there is a lot of outstanding debt. there is trade, there are financial flows. it happened in the financial centers of the world. it's hard to operate as an oil producing nation being exclude from the international community. what the u.s. can do. sanctions are been very damaging to the venezuelan economy. but that's noted the end game. the end game is to find a solution and bring them to the table. trish: i hear you, but i would also point out, and i said this before, sanctions work. they worked in north korea.
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they can work in venezuela. because right now, and it's tragic because the people i know suffer. but there is an opportunity for change there. meaningful change. if we just allowed the status quoted and you are left with that socialist regime robbing its people blind. you know, i am going to leave it there, but change needs to happen. >> definitely,. >> you agree? >> i agree. that's what everybody wants. everybody in venezuela rrp wants that. do you embark on negotiations? do you force regime change? trish: thank you so much. we have got a lot more coming ahead. remember this viral moment from nearly two years ago when first
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lady melania trump gave michelle obama a parting gesture? apparently not. what she really thought about hey! yeah!? i switched to geico and got more! more savings on car insurance!? they helped with homeowners, too! ok! plus motorcycle, boat and rv insurance!
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trish: michelle obama causing controversy on her new book tour by continuously taking swipes at the trumps. here she was on "the tonight show." >> this is you after the trump inauguration, waving from air force one. >> a lot was going on that day. that was the day.
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there was that. and the tiffany's box. it was all a lot. trish: for someone whose moniker was when they go low, we go lie, she seems to be take low blows on the trumps. maybe it's part of selling some books. joining me, special stand to president trump. i didn't get that reference because i'm not as hip as michelle obama. sweefg one off. talking about the tiffany box. it seems inappropriate. one of the great things about that moment on inauguration day was the pride i felt and so many felt in this transition of power. and it's a nice tradition. to see the exiting first couple greeting the new president and first lady. that's a special moment. then to dis it as she did felt
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inappropriate and classless to me. your thoughts. >> i completely agree. i was there standing on the porch of the white house when the trumps and the pences greeted the bawms and bidens that morning, and i was at the capitol when they walked to marine one and eventually fair force one. we need to call the u.s. surgeon general. one of the symptoms of trump derangement syndrome. while she talks about the tiffany box, 8 years later she gave outgoing first lady laura bush a present when they met under that portico. so why are you shocked that mrs. trump did it? it's clearly once again democrats forget just about everything they ever stood for
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and take the opposite position just because president trump is in the white house. trish: new this evening, loretta lynch did testify behind closed doors on a variety of different issues including the trump russia collusion investigation. the justice department's handling of hillary clinton's private email server. i don't know how they got through that in just a day. but her now infamous tarmac meeting with bill clinton. democrats panned these probes as a waste of time saying when they take control of the house they will put a stop to them. but i can think of something else that's a waste of time, and by that i mean this whole russia collusion investigation that hasn't materialized with one shred of evidence to point to
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the president colluding with the russians. i guess once again, double standard? >> absolute double standard. not one scintilla of evidence. the inspector general looking to their handling of the qulin on investigation and found that jim comey who was obviously reporting to loretta lynch brought disgrace and harmed the reputation of the department of justice and the fbi by their shoddy way in which they handled these investigations. no wonder democrats want to cover it up. they don't want the truth coming out. trish: if you listen to james comey these days, he says it's president trump hurting the fbi. >> clearly he can't read because inspector general blamed him and his actions for hurting the
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reputation of the fbi. they know the way they politicized the agency was wrong. the president got rid of comey and we can bring some of these underhanded dealing to light. trish: when you read through that testimony he gave, james comey to congress, he basically said, that he didn't care. he absolutely didn't care who paid for the dossier. and to me that is the root of the problem indeed. the problem indeed. mark, thank you so much. all money managers might seem the same, the problem indeed. mark, thank you so much. 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. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees
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are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. it's proven quality sleep. the new sleep number 360 smart bed, from $999, intelligently senses your movement and automatically adjusts... so you can get a running start on the holidays. and now get 48-month financing on all sleep number 360 smart beds. ends monday. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. this is a tomato you can track from farm, to pot, to jar, to table.
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so he stepped on the dr. scholl's kiosk. it recommends our best custom fit orthotic to relieve foot, knee, or lower back pain so you can move more. dr. scholl's. born to move. ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. from capital one.nd i switched to the spark cash card i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet? trish: a lot more tomorrow, we'll continue following money trail, why the heck didn't james comey care who paid for that dossier? i don't think that kind of important in it is. we'll stay on that. also, we have more exclusive
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video to us to show you from ventura as that nation teeters on brink of collapses. see you tomorrow. kennedy: news alert, senate poised to vote on a bill that would tertemporarily avoid a got shut down, but government proposal does not have money in it to fund the border wall. so would the president even sign it. deadline to pass a bill is friday, midnight. about 800 thousands federal employees would face furloughs or forced to work without pay. senate leader mitch mcconnell flames democrats ifs for screwing things up. >> let's review why this step was necessary. even in face of

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