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tv   Lou Dobbs Tonight  FOX Business  January 4, 2019 7:00pm-8:00pm EST

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there noise way to justify that on any level. liz: thank you for watching with a jam packed hour. i hope you have a good weekend. lou dobbs is here on the fox business network. lou: good evening. president trump emerging from a two-hour long meeting with congressional leaders and he's standing tall, remaining firm in his demand for a border wall in the interest of our national security. >> the southern border is a dangerous horrible disaster. we have done a great job. but you can't do the kind of job we have to do unless you have a major powerful barrier. this is national security we are talking about. we are not talking about games. we set out a number, 5.6 billion. we are firm on a number. we won't be opening until it's
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solved. we think this is a much bigger problem. the border is a much bigger problem it's a problem of national security. lou: the president asserted republican conversation with the radical left were progression and have come a long way. the democrats left that meeting with little more than partisan hackneys cam plant is and even unwillingness to negotiate and fall in line on the issue of national security. instead they stuck to their empty, petty rhetoric and expressed the hope the republicans will crack under public pressure. foolishing believing big government so essential no one* can even do you remember a shut young with no end in sight.
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>> we made a below to the president. don't hold millions of americans, hundreds of thousands of workers hostage. >> we recognize on the democratic side that we cannot resolve this until we open up government. lou: why could they not come to an agreement on national security? why is a quarter of the government so essential when most of people, think about it, have you heard anyone complain about the lack of federal government in their lives? it's been two weeks as of today. we'll have much more on the president's push for that border wall, his demand for that border pr wall. we'll take it up with demand and still. it's day two of the anti-trump democrat's reign in the house of representatives. they demonstrated they are not
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exactly hinged. calling for impeachment and using vulgar slurs against the president of the united states. >> when your son is 15 and said mom, look you won. bullies don't win. we are going go in there and [bleep]. >> i wouldn't use that language. i don't establish any language standard for my colleagues. but i don't think it's anything worse than what the president has said. lou: if that weren't enough, the likes of congressman steve cohen who wants to fundamentally change the constitution to eliminate the electoral college. it seems an i am pedestrian in the his mind, and he wants to limit presidential pardon powers as well. and socialist darling alexandria ocasio-cortez proposing a 70% tax hike.
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>> once you get to the tippy top on your $10 millionth dollar sometimes you see tax rates as high as 60 to 70 percent. as you climb up this laddered you should be contributing more. it's only been radicals that have changed this country. >> do you call yourself a radical? >> yeah. if that's what radical means, call me a radical. lou: we'll take up the absurdity of it all with the dean ed rollins and matt gaetz. and china's military receiving its first orders of the new year. prepare for war says president joining ping. new video shows china testing its own version of the mother much all bombs. we'll have much more on the latest of what has becoming a long line of rhetorical
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provocations by china. and our top story tonight. president trump using every tool at his disposal to defend our sovereignty. to build a war along our u.s. southern border to assure national security. after a two-hour meeting with democrats in congress, the president told reporters the government mustdown may last several months or even years. he's considering declaring national emergency to build that wall. ed lawrence with the latest developments on what we might expect going into this weekend. >> president trump formed a work group to negotiate with democrats starting tomorrow. vice president mike pence, homeland security secretary kirstjen nielsen and jared kushner in that group. he says he wants to settle
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border security and the budget all at once. numbers are flown around. 1.6, 2.5. this is national security we are talk about. we are not talking about games. we are talking about national security. reporter: the president adding detail he heard from border patrol agents he invited to the white house yesterday. president trump saying we need the wall to cover the entire border. president trump: they go right to the easiest part and the weakest part, sometimes out in the desert. but you have miles and miles of unprotected area. you can see where they drive over. reporter: house speaker nancy pelosi says they asked the president to support their plan funding all of the department except the department of homeland security. >> we recognize on the
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democratic side that we cannot resolve this until we open up government. and we made that very clear to the president. >> we'll have to see what happens with the work group. the president touting the blockbuster jobs report. 312,000 jobs added in december. president trump: this is a great number. i think it has a lot to do with the factories and companies moving back into the united states who have left and now they are coming back to us instead of being in other countries. reporter: he says the economic foundation is there with wage growth, low unemployment and low inflation. lou: thank you very much, edward lawrence reporting from washington. joining us, diamond and silk and the host of the fox nation show diamond and silk. great to have you all with us. thanks for joining us. let's start with the president.
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he's telling the democrat straight ordinarily that there will be a wall and he's prepared to leave at least a quarter of the government shut down for years if that's what it takes for these democrat leaders so-called of the democratic party want to simply ignore their responsibilities to the american people. >> well, i think that the president is doing a great job when he say he is going -- we are going to have a wall. that's right, we are going to have a wall. shame on these democrats. there only plan of action is no action which is very, very sad. they give money to these foreign countries. but what about our country. what about securing our border. you don't get paid tax dollars from these foreign countries. you get paired tax dollars. you need to fund the wall. >> if democrats can approve funding to fund a wall in
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tunisia why can't we get the money we need to fund a wall in america. >> if you don't want to fund our wall with $5 million. why would you take $155 billion to fund illegal aliens. you should fund the wall, then we won't have to waste $155 million a year. lou: as i watched the leaders of the democratic party talking about there will be no wall. i can't understand what they were thinking about. they weren't elected by the american people. he was elected to secure the border and put america first and retore this nation's military and make certain americans are safe. while this latest report from dhs. 3,700 suspected and known terrorists crossing the border last year.
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17,000 criminals that were caught in just one month on the border? the list goes on. there should be a discussion about why we want too secure that border and put up walls? this is mindslessness. diamond and silk, now they want something on the table to bargain with. make americans safe isn't enough. securing the national interest isn't fluff. they have to have some sort of payoff politically for doing the right thing. >> it's time for them to stop using america as political pawns. american lives are being lost because of our national security not being secure here. you know, our president worked hard day and night, especially over this christmas vacation holiday, whatever. he worked hard to fill the bill of securing americans. we take billions of dollars to
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poor countries to help with their economy and secure those individuals who do not do anything for americans over here. it's time for us to take a stand as americans against our congress, against the people with our tax dollars we use to pay their salaries and they do nothing for the american people. you have people in congress that have approved sanctuary cities. sanctuary cities violates title 8, code 1234 which is our immigration law. it violates it by aiding and abetting illegal eighth aliens. if we can do taxpayer dollars to aid and abet illegal aliens, why can't we use that money to fund a wall to protect american citizens. lou: there is that and there is the president saying he's considering declaring a national emergency at that border.
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look at what's transpiring there, it's the primary source of the methamphetamine, heroin, marijuana entering this country. and mexico is one of the most of if not the most of violent nations on earth. the drug cartels effectively run that. it's that government. it is an absolute disgrace what we are witnessing in that country, and the democrats don't want to make americans safe. it's stunning. let me turn quickly. impeachment. did you hear the nonsense coming out of the mouths of these develop kralts now in the 116th congress? who are these people and what are they thinking? impeaching the most of successful president in our country's history in the first two years of his presidency. over two years of investigation.
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what he has had to put up with and now these characters are running around talking like sock puppets declaring they are going to impeach the president. they are unhinged. >> they have to understand. impeach him for what? because the economy is booming and unemployment is at an all-time low? what are you going to impeach him on? they don't have a leg to stand on. the only thing they can crimes impeach, impeach. how about we get some of these people out the next two years 23 you are not going to work for the american people. how about we do that. lou: how about that. great to have you here. diamond and silk. the left-wing national media picking up on the democrats baseless crazy crass new rhetoric. how about this. impeach the president. let's try that one for a while.
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>> we do know that the issue of impeachment is one people around the country think about. >> the issue of impeachment. nancy pelosi has a more liberal caucus that would like to go that direction. this may not be the greatest political option. but she'll be getting pushed. >> after bob mueller releases his report, there will be a lot of pressure time peach donald trump. >> impeachment seems to be the thing we all know keeps him up at night. lou: we'll have the president's response and much more right after the break. ed rollins joins me. we'll be right back.
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lou: the 116th congress is under way. congresswoman rashida tlaib. >> people love when you win. bullies don't win. i say baby, they don't. we'll go in there and we are going to [bleep].
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lou: here is how the president responded. president trump: i think she dishonored herself and dishonored her family. using language like that in front of her son and whoever else was there, i thought that was a great dishonor to her and her family. it was highly disrespectful to the united states much america. lou: joining us, ed rollins, the dean of political strategists in this country. she is off and running. the 116th congress. there is no pretense of civility or some sense of public appropriateness. ed: we have an enormous clasp women. lou: 89. ed: to interesting and smart people. if you are going to put her out front with her mouth which she now has attention she never had
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before. and put the little girl who wants to do prereagan economics and 70% taxes, the democratic women will be damaged badly. lou: we have had plenty of men who have been damn fools the last few years. i am talking about the departed paul ryan and his team of lackeys. this is a new breed, it looks like, of leadership. it hasn't to learn. ed: not only much to learn. they don't very much. they don't have much facts, they make comments like that, they are side and foolish and they don't represent their district well. if they do, too bad for the district. the reality is we are in a very
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serious time in the congress. the american public is very, very disillusioned with the congress and these types of activities won't make them feel any better about it. lou: the language she used and the responses of nancy pelosi are what you would expect from a pelosi-led congress. this shows you what kind of shape some of these districts are. these people represent the views of about 700,000 folks in their districts. those folks elected these folks. but then i think of all the country club republicans who sent paul ryan to congress. who sent all the republicans to congress who put up with paul ryan. both of these parties are in the pocket of k treat.
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it's disturbing to look at either party and their leadership. ed: it's unfortunate when we need real leadership in the congress to move the ball forward on serious problems like immigration and economics. >> immigration isn't half as serious as the democrats want to say it is. what is serious is the border crisis that's about national security. ed: i stand corrected on that front. i jumped and put them both together. but the border security is a drug problem and criminals coming across the border. lou: those four democrats talking about the white house, not expressing any concern about the millions of americans who are desperate because of addictions to opiates and the other drugs coming across that border. this is a callousness and idea
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of this craven attitude on the part of the democrats. they want to be daca dumb. they want to be a trade for back ra? ed: the president will hang tough here. lou: i'm saying they are calling for it. they are actually trying to bargain and national security. that's how callow and feckless they are. ed: that's their premise, open borders. lou: how about that trump economy. 312,000 jobs created. how about the federal reserve. the president said don't raise rates any further. there was a hoot and a howl from the american media. but the president was right. powell was raising rates too fast. ed: and he admitted it today.
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lou: jerome powell admitted it. ed: the most of important thing to americans today is the economy. we have to keep this economy moving forward. it didn't happen overnight. it happened because donald trump made it happen. lou: it will continue to move in his direction. what we are watching in some measure in the markets is an expression of deep troubles in the chinese economy. many of those problems are the result of the policies have pursued. the huge, tremendous trade surplused they have run with the -- surpluses they have run with the united states. it's remarkable building this number of jobs. ed: the chinese are threatening and getting war-like as a
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counter puncher. lou: they are starting to look down right impotent the more they use bellicose language, the more comfortable i feel about their intent and their capabilities. always good to see you. have a good weekend. be sure to vote in our poll tonight. do you support the president's decision to keep the government closed as long as necessary to build the wall. follow me on twitter @loudobbs. follow me on instagram @loudobbstonight. up next, a lot of data on the economy. driving the markets and the boundless trump economy rolls on. we take it up after the break. as we go to the break we want to highlight a major national
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problem that worsens by the day, by the minute. it's an almost $22 trillion problem. that's right. our national debt. we'll check on it every evening on "lou dobbs tonight." walking a dog can add thousands of steps to your day. walking this many? that can be rough on pam's feet, knees, and lower back. that's why she wears dr. scholl's orthotics. they relieve pain and give her the comfort to move more so she can keep up with all of her best friends. dr. scholl's. born to move.
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lou: on wall street stocks closing higher. a lot higher. it was a full-blown rally up a whopping 746 points. the s & p up 84, the nasdaq up 275. the dow and s & p up 2% on the week. crude oil up 2 1/2%. gold dropped over half a
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percent. fed chair jerome powell said he won't step down if the president asks him to. so far we have seen four rate hikes under this fed chair. he also learned a lesson about running off assets on the balance sheet. he said he'll watch the consequences of the fed actions much, much more carefully. listen to my reports three times a day on the salem radio network. joining me, gary, this was a special day in what has been a lot of crazy volatility. today the fed and the jobs report coming together as one to boost prices.
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your thoughts on the day. >> that employment number surprised the heck out of everybody including me, and far and away above any expectations. you have combine the with a fed who finally said something to the effect we are watching the markets because they have been so far down. you combine it how far down and you get what we saw today. and hopefully it continues. i must tell you for the last few weeks we have seen durable goods down. then boom the employment number that basically blocked all that out. that is great, great news. there is nothing bert than the ton of jobs being taken. lou: look at wages up over 3%. these are strong healthy indicators. but as you are saying projecting out across the economy, this means we are in a lot better shape than a lot of the
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naysayers in the economy. you have got to get a little bit of a kick out of this. the market is selling off on trade tensions and concerns about china and the united states. today should have put that response to bed. >> even the media who have been calling for recession gleefully shut up dan admitted this is a darn good number. that was across the board. next up will be the trade. if that gets done that will can a big help. that has been weighing on things. i always talked about the word uncertainty when it comes to the market. when there is uncertainty businesses can't plan well. if we can get some sort of deal, i don't know if we are ever going to get there with no tariff. but that will be big stuff also. so we are moving that hopefully sooner than later.
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lou: we'll find out how smart xi jinping and his ministers are. as you suggest, this looks like we are headed to higher tariffs because the chinese have been stubborn in their refusal to adopt to changed circumstances at a time when the european union moved towards the trump policies of balanced international trading systems. you would have thought the international monetary fund and world bank would have followed suit. what he's calling for is the 21st century of international trade. free trade and globalism has been exposed for what it is. rhetorical devices, not a pragmatic and positive you trading system. >> china cheats. they cheat, they steal intellectual property. eventually they will have to start moving closer to the real
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world. or else. i watched their economy closely. it's falling of a ledge at this point in time and that's not by accident. also man running the joint over there, his popularity is heading south. politically he has things to think about. that's why i think we'll get something sooner rather than later. communism doesn't work too well when all said and done. hopefully he recognizes what needs to be done. lou: another failed statist state is not what the world needs. there is a wonderful indicator within the chinese system, the more bell coals their admirals act and speak, the weaker they are getting. and at this point they are weakening as you suggest rapidly. gary, great to have you on this show. what do you see for this week as you wrap up?
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>> i think we'll see more up side testing. but we are in about as news driven a market as we have seen. the president is out front and center every day. i have a motto about markets. don't blink you never know what's next. hopefully the worst is over. but i'm a big believer. i'm so optimistic on the people in this country as well as the corporations doing great things. hopefully we are out of the soup. lou: i think this trump economy is exactly the prescription what we need as a nation and as a people. thanks for being with us. come back soon. up next, a new congresswoman's vulgar insults laced vowing to impeach the president not bad for a first day in office or so. we take it up with congressman matt gaetz after the break.
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mi'm a 40-year-old manf fearthat walked in there hool. to get his high school diploma. it was very hard for me but one of the teachers was ms. araceli. she gave me direction. every single time i had a question, she'll put down whatever she's doing and she'll sit there with you until you get it. fifty-percent of getting your high school diploma is walking through those doors. the other fifty-percent is doing the work. narrator: find free adult education classes near you at finishyourdiploma.org lou: it hasn't taken long for democrats to reveal their objective. impeachment. trying to block the president's agenda.
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>> we should not have someone there who has committed high kriemeds and misdemeanors and hurting the country. >> we'll see where the facts lead. maybe it will lead to impeachment and maybe it won't. >> there is a fever among some that we impeach the president. >> donald trump will be impeached by the congress or impeached at ballot box it's a race to which one will happen first. lou: joining us tonight, congressman matt gaetz, congressman, great to see you. happy new year. here are your new friends. >> thing wasn't even dry on congresswoman anybod tlaib's.
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they hate donald trump, they are committed to his destruction and they will legitimately or illegitimately take votes on his impeachment. lou: if it does occur, it will be baseless, but that hasn't stopped them yet. and there is in all of this, i would rather hear some of this than any more from paul ryan and his leadership team. they became a very tiresome orthodox sluggish amoeba like organism that was a blight on the congress. >> for a guy like me who likes to shake up the status quo. at least the people who are in charge who don't like me are in the other party, not my own.
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we'll see the new democrats try to out-crazy each other. they are getting phone calls how come you haven't called for impeachment yet like representative tlaib has done. they will find it a tremendous challenge this ocasio-cortez-tlaib environment. lou: just a long ways to go in this 116th congress. do you miss anybody in the republican conference? is there somebody you think we can't do without here in america? >> we have to bring newt back and get the ideas flowing again. i think we did lose some good conservatives in the last election. but leadership change allow us the opportunity to recruit candidates who to insure the
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republican party is more in the image of president trump. i think we had a lot of people who were part of the open borders cheap labor constituency. lou: k street. nearly all of the people, republicans, rinos, they should have been running as democrats or radicals who wanted to obstruct the president. it was the republicans who stopped president trump's wall, not the democrats. >> how proud we all are watching the president fighting for americans, secure borders and safe streets. lou: the democratic leadership talking about bargaining national security. this is as man trying to protect the nation and trying to protect american lives, and these
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characters want to negotiate and bargain with national security? >> they voted against tracking crown on sanctuary cities. they voted against e-verify. they voted against the bill that would have aloud us to deported the criminal illegal aliens associated with ms-13 and other gangs. if it's not a physical barrier, i don't know what it will be. but we have seen a democratic party that is not serious in their conduct, their discourse, and they are not serious about securing the border. lou: neither was that other fella who was speaker. >> it's fair criticism that there were leaders of the republican leadership prioritized. lou: you are going to tell me k
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street is paying for the orientation of freshmen congressmen. >> they are. k street essentially runs the new member orientation. most of of us are trying to figure out how the phone works. but ocasio-cortez said we should not have a lobbyist trying to teach new members how to govern. even though her principles are dangerous for the country, at least she'd holds them sincerely and it's not something a special interest fed her. you are attacking paul ryan and attacking ocasio-cortez. lou: i'm usually so careful about that. up next, speaker pelosi calling the president's border wall an
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their first symptom is a stroke. so call today and start with a free health assessment to understand your best plan of action. so why didn't we do this earlier? life line screening. the power of prevention. call now to learn more. lou: red storm rising. chinese state media announcing xi jinping ordered the chinese
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army to quote enhance their combat readiness as they test the mother of all bombs. video taken by a communist chinese defense contractor. isn't that an interesting thing? they have contractors, too. you wonder how that works. this video purporting to show the dropping of the bomb. it did only in this country would we question our very eyes. we are watching the mother of all bombs in china heading for a rather large explosion. and there it is. almost on cue. so far this year a chinese admiral threatened to sink u.s. aircraft carriers. president xi is threatening to use military force against taiwan. future k street lobbyist paul ryan will have to look long and
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hard for new friends. he left office after his distinguished three years as speaker with a 12% favorability rating. his rating was not really a plummet. it didn't go off a ledge because he never could get above 25% after president trump was elected. joining us, robert jeffress, pastor of the first baptist church of dallas. pastor, great to have you with us. let's start with the president. he is talking now about the prospect of if necessary, in order to build that wall, keeping government closed for months if not years. and you know, i'm in the hearing anyone, i mean literally no one say i miss the government that's been shut down. and the democrats are trying to say, oh, yes, we have to get government open.
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your thoughts tonight? >> he's doing exactly the right thing in keeping this government shut down until he gets that wall. yesterday we heard an absolute absurdity from nancy pelosi that somehow president trump's wall is immoral. the wall is an immorality. you may remember when i preached president trump's inauguration sermon i used the story from the bible with god' telling them to build a wall around jerusalem. lou: what would be the point of the pearly gates if there weren't a wall. >> that's right. ways immoral is for democrats to continue to try to block this president from performing his god-given task of protecting this nation. it's immoral for democrats to
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support sanctuary cities that were responsible for the death much that police officer in california. and it's immoral for that new congresswoman to stand and curse our president. when it comes to immorality, the democrats are the party immorality. lou: that was an extraordinary early expression on the part of the freshman congresswoman. i happen to believe she'll need more preaching to. my guess is that won't be her only stream from the queen's english or king's, however it is. i think she's given to full ex for example. your thoughts as we listen to romney say he was misunderstood as he attacked the character of this president. he was a bishop in the mormon church. he's not a nice fella.
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>> your description was a good one last night. snake. i would add a couple adjectives. he's a hypocrite wall and self-righteous snake. think about what he accused the president of, being divisive and hateful and name calling. in his tweets romney has done the same thing. he unloaded on the president in 2016 of being guilty of everything but murdering his parents and he lashed out against meet. ♪ ♪ i can do more to lower my a1c.
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lou: last night we asked you who will go down in history as the greatest enemy of the trump america first agenda, paul ryan or nancy pelosi. answers are in. there you see the results. 63% of you said paul ryan. pelosi has time to catch up. here is what we are look at today. what's ahead. president trump telling dems to shut down could go on for months or years. he's going to get his border wall. the president considering declaring a national emergency in order to get the wall built. president trump: the southern border is a dangerous, horrible
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disaster. we have done a great job. but you can't do the kind of job we have to do unless you have a major powerful barrier. lou: it's called a wall. we thank you for being with us. jack keane among our guests monday. melissa: breaking tonight, president trump vowing to secure our borders and keep americans safe as stand firm on keeping the government shut until he receives $5.6 billion for his border wall. watch. county * wpresident trump: we we opening until it's solved. the border is a problem of national security. melissa: president trump flirts with the idea of declaring a national emergency to get his wall. but dose have the authority to do that? we are on it. president b

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