they are going after these big tech companies. look at share buybacks. they are going to go after these guys. david: god help us all, ladies and gentlemen. that does it for "bulls and bears." >> the president is going to do what is necessary to protect our border. >> perhaps more empty than the border policies are the president's calls for unity. >> he'll lay out with the next weeks and months look like. >> we know what president trump will say tonight, that the state of our union is strong. the american people know the truth. >> he's as committed today as he has ever been that we get real border security that includes a wall. liz: president trump will

deliver his second state of the union address 10 days away from an impending government shutdown. this is the president's chance to make his case directly to america for building a border wall, his agenda and more. we have the president's economic hit parade you will hear and talk about tonight. this as democrats launch a brand-new counterattack saying trump is potentially declaring a national emergency to build a border wall will take money away from pet projects in states trump needs to get re-elected. we brought you this story last week. we told you it was coming and now it's happening to the crisis in venezuela. nicola maduro threatening to jail interim president juan

guaido. this is brand-new and exclusive fox video of maduro's police forces he used to imprison people and teenagers as young as 12. a police officer and an anti-maduro protester hugging at the nationwide protest this past weekend. i'm elizabeth macdonald and this is "the evening edit." welcome to the show. you are watching the fox business network. high wire, high stakes drama. the president' state of the union address 3 hours away. nancy pelosi sitting behind president trump. this is feeling like the opening of a glad torial game. democrats chuck schumer and kamala harris are rebutting the president's state of the union

address before it even happens. this could be more fun and exciting than a super bowl. >> what a reality show we would be watching. the president will most of likely start this speech touting the economic and state of the economy. he'll tout his tax cuts that jump-started the economic engine in this country. the economy created 241,000 jobs the past three months. hourly wages have gone up.3% for the past year. the president is expected the to call for unity. and there is a spirit of cooperation in this speech. he'll likely touch on top is like truck. democrats have seen this year a little differently. listen to chuck schumer. >> when president trump tonight makes bold popular promises, i'm not buying it and the american people won't either.

reporter: the republican senators are split on what the senator should do. senator ron johnson is saying the president should not declare a national emergency and rye to work toward that border funding. senator lindsey graham says the president should divert fund. he doesn't need to declare a national emergency. it's just like sending troops to the border. >> there are times for obstruction, i have engaged in it myself. it depend on what you are obstructing. if it's something big and important, understandable. if you are just trying to throw sand in the gear so the administration can't function, unacceptable. reporter: in 2 1/2 hours house speaker nancy pelosi will bring the house into session. this is the most of diverse house in history. and you add in five more female

senators. the state of the union will start an hour after the house goes back into session. liz: here is the democrat narrative before president trump was elected. >> for those folks who lost their job right now because a plant went down to mexico, some of those jobs of the past are just not going to come back. he's going to bring all these jobs back in how exactly is he going to do that? i'm going to negotiate a better deal. how exactly are you going to negotiate that. what magic wand do you have? liz: here is "new york times" liberal columnist paul krugman. he tweeted right after president trump was elected. nothing policy can do will bring back those lost manufacturing jobs. the service sector is the future of work but nobody wants to hear it. here is some more. since trump was elected stocks

added $7.1 trillion in market wealth. the jobs report 304,000 jobsn in january. the president added $1.5 million in his first two years. democrats will say these trends started on obama's watch. >> you are seeing a response to the tax cuts and reducing the regulatory burden. that's driving the good economy we have now in terms of gdp growth and job growth. but look at the wage growth. 3.2%. that means it's hitting people in their pocketbook where it counts. >> nearly 500,000 manufacturing jobs were added in the president's first two years.

but to your point about the pushback the president, six times what obama did the last two years. president trump added 2 manufacturing jobs for every one federal, state or local government job. obama created five government jobs for every one manufacturing job. >> the manufacturing jobs are private sector that create a bigger economy. the investment comes because of the tax rates and reduction in the regulatory burden. >> democrats want to raise taxes to fix income inequality. does that work or does the just just get super sized bigger. the top 1% pay 90 per -- 39% of all income tax.

people get higher wages and more money in their pockets and pay less taxes. >> it will be a heck of a fight tonight. what are you looking for in this speech? >> the president will start out talking about the economy. they are making progress with trade on china. we need the trade agreement replace nafta with canada and mexico. then you will see him go into the immigration issue. a border barrier. make the case there. talk about national security. and i think he'll go to infrastructure and trying to reduce the price of prescription drugs. and that's something where he's trying to reach in a bipartisan way to things the democrats said they wanted to do. liz: it will be more fun than the super bowl. let's take you next to the texas border where border a troils on high alert. a caravan of 2,000 arriving on

four dozen buses. they are by eagle pass. not a lot of high barriers there. the president said he'll form a human wall, if necessary, to stop these crossings. >> the warehouse where those 2,000 migrants are being housed is only two miles in the that direction in mexico. setting the scene, a lot has changed in the last 24 hours. we were from inside the park back there in eagle pass, texas right next to the river which is the international border. now the park is completely sealed off and there is a heavy law enforcement presence. look at this video. more training exercises similar to what we saw last night on the main international bridge in and out of mexico. they were lighting off smoke grenade and practicing crowd

control exercises, while this morning two mile s from the here where i said that shelter is housing the migrants, mexican law enforcement officials showing forced to hold order. you can see from this video. much of this caravan arrived yesterday. some 2,000 people traveling since january 15 from honduras. many are seeking asylum and will now begin the application process. the chief of the u.s. border patrol sector for this entire area tells me they are ready should issues arise. >> we have additional resources which is manpower from other resources from areas outside of the sector. so lining those up so we are prepared to deal with whatever situation we have to deal with to protect our agents, the community and the migrants we come in contact with.

>> according to those officials, since the caravan arrived in mexico, there have been no large groups attempting to enter the united states illegally and no clashes with police on the u.s. or mexican side. liz: a new poll found nearly half of democrats want to see their democrat party move in a more moderate direction. let's bring in ernie balk, great to see you. what does that policy to you? >> maybe they are getting a grip. maybe they are understanding. liz: understanding what? >> they are understanding both sides. they were way far on one side. they were way left. if they are coming into the center, i think it's great. liz: democrats were pushing for steep steep taxes on the upper

brackets. one prominent democrat, andrew cuomo, is warning the democrats taxing the upper bracket, it only makes things worse. >> tax the rich, tax the rich. the rich leave. and now what do you do? liz: what do you make of that? >> i agree, they leave. and also they adjust. if you have a company making $10 million and you start regulating it and taxing it, they will continue to make $10 million. they will just make adjustments. they may leave, they melee people off. but they will make it happen. it's just not a good idea. i commend the governor for saying that. liz: let's get back to that paul krugman tweet. i said the correct date. but the incorrect date was point

graphic. it came out in november 25, 2016. the dow is just about a thousand points away from the all-time high. the earnings report after the bell, disney reporting. reporter: disney beating on the top end, the bottom line which is kind of unusual if you look at disney's past 8 quarters. i'll take you through some of the areas of strength. you had growth in the park and resort business. and particular growth in the media business. so broadcast was very strong, and the offset a decline in cable. espn plus has 200 million paid subscribers which is double the number from five months ago. this is a big question analysts

had. they began to lose some viewers in the cable part of the business. so far indications are pretty positive for that part of the business. disney had some standout hits in "star wars" and mary poppins returned. the super bowl champs. obviously that did not contribute to the numbers, but it reinforces that disney brand. the analysts look for the disney plus those details, still set to launch toward the end of this year. this is disney's attempt to compete head-on with amazon and netflix. they are talking about the star wars franchise in particular. liz: we first brought you this story last week. it now looks like it may be happening. venezuela's socialist dictator, nicolas maduro. he's making veiled threats to

throw into prison the interim president juan guaido. this is a moment we caught on tape. you wouldn't believe what was caught on tape. new video of maduro's fearsome security forces. they have been accused of killing hundreds and imprisons hundreds. a police officer caught on tape actually hugging an anti-maduro protester. think it, the president's state of the union address. he'll make his case for the border wall. we bring on a daca recipient. he supports president trump and the wall. keep it here. [knocking]

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a. liz: tonight, watch president trump tout the growth in manufacturing jobs. gm said they were going to lay off 4,000 workers. it's happening this week. the problem with gm. mary barr got hauled in before congress saying you are closing factories in america while you are building cars overseas. >> they are already building them. this is the flint truck assembly plant where they are making the super duty pickup. this is a huge cash cow for general motors. i have got a picture of the final version which was unveiled

today. this as general motors and other plants where they make cars that aren't as popular and not as profitable. the breaking news perhaps from general motors president mark royce says anyone at a laid off plant at a plant where they are being laid off. they will be offered a job at another plant. >> we have jobs available for everybody coming out of those plants. >> but they have to move though. >> maybe. >> some of those workers have to relocate, but it's better than not having a job at all. 4,000 white collar workers getting ping slips as the company tries to restructure and make sure it remains profitable and viable and not in bankruptcy. the way to do that is build vehicles people want. once they do that, these

silverado super duty trucks make $1,000 profit on each one they sell. liz: the president's state of the union tonight, he'll talk about foreign affairs and the crisis in venezuela. the country had its biggest protest ever. nicolas maduro has been ordering his military forces to sweep through the bar joys. they have imprisoned nearly 900 including teenagers as young as 12. brand-new exclusive video caught on tape. is this a potential turning point? this happened at a protest. a maduro-backed police officer and anti-maduro police officer hugging. we told you this could be happening and now it possibly

is. president maduro issuing a thinly veiled threat to the interim president juan guaido. reporter: international support for the opposition leader is growing. there are more european countries and the majority of a latin american country coalition known as the lima group. they are calling for the president nicolas maduro to relinquish power to the opposition leader, juan guaido. this after a meeting in ottawa. 11 countries from the lima group signed on to that declaration. many of the country's top military leaders say they still back maduro, but state department officials say they believe many others throughout the military support the opposition leader juan guaido. the maduro assets have been

given access by juan guaido. a $1.2 billion transfer was stopped from maduro to banks in uraguay. state department officials acknowledge the international community is going to have to fund a substantial immediate humanitarian effort and longer term projects to help build the country under a new government. opposition leader juan guaido swore himself in last month. the united states immediately recognized him. ratcheted up the pressure. we talked to state department officials about how hopeful they are that there could be a transition there. they say they believe it could happen, but they have no timeline. liz: more developing stories.

if i at chrysler recalling $880,000 pickup trucks nationwide. model years 2013-2017. there is a brake pedal issue related to the 2015 pickup. consumers complain about rubber in uncooked popcorn style chicken breasts it as a use by october 1, 2019 it was sold in florida, georgia, north carolina and south carolina. the most of fake news was spread on facebook about things like cancer, vaccines and food fan nutrition. we are staying on breaking news out of venezuela. we showed you that new and

exclusive video of one of maduro's police officers hugging an anti-maduro police officer. venezuela has the world's largest oil reserves and is producing less oil than north dakota. we are hours away from the fireworks show that will be the president's state of the union address. democrats tried to rebut it even before he gave it. liberty mutual customizes your car insurance

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does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth. ♪ ♪ a. liz: welcome back. we are coming into the bottom of the hour. the government shutdown will factor big when the president takes the podium. the president offered the daca

before and the democrats said no. will the democrats air it and steal his thunder? so, the democrats will say, rinse, president trump, you created the dreamer problem when you yanked it. >> this problem started with former president obama. he had an opportunity to fix it. instead he bypassed congress and decided to do things on his own. and that's where we stand. he brought a temporary solution. and we need a permanent solution. i think daca is unconstitutional. it needs to go through congress. liz: you are saying the president is right on daca and dreamers. what about the border wall? pelosi is calling the border wall immoral. >> i'm disappointed in the democratic party.

they are self-imploding. their message is not on point. they are going so far to the right -- liz: to the left -- >> -- sorry, the left. you look at the governor of virginia, you look at abortion and taxes. the thing about me is they never brought a solution or a counter offer to the table on daca. that's very disappointing. liz: are dreamers saying they are upset? >> absolutely. 2020. they are saying they are disappointed with the democratic leadership, nancy pelosi stood for 8 hours last year and this now she has yet to talk about dreamers. the president brings daca to the table. liz: you are making news. you are saying the democrats dropped the ball. you said it started with pen and

phone circumventing congress. the border wall, turkey, israel, hungary, they all build border walls. here in the united states when we built tonight san diego or yuma, arizona, the crossing dropped 95-99 percent. >> it's hypocrisy on the part of the democratic party. at times they voted for a wall. i think right now they are just against donald trump. that's their only message. let's go against donald trump. they don't want to see the country succeed. they don't want to see the dreams succeed. i grew up as a conservative. liz: any democrats in your family? >> we are all conservatives. we believe in god, we believe in family and stand opening your own two feet and working hard. liz: joe biden and chuck schumer and president obama, they all supported fences and barriers in

2006. we have been there, done that. you are saying just because it's trump they don't like it. why do you say walls work? >> like you just mentioned. it helps border security do their job more effectively. they make it easier. liz: let's get to the online show county young turks." >> the wall, it's a physical manifestation of conservative voters' cowardice. they are deathly afraid of everything. >> all he cares about is constructing his hate monument. >> this is not a national emergency. there is no authority by congress to act in this direction. this would be a total abuse of executive border. liz: this reminds me of the quote there are no facts, only

cast-iron positions. >> facts to the point where there was a wall and there wasn't a wall, and it showed wall does work. there is a great opportunity for immigration reform. liz will be the border today parole says they need to it back them up. >> absolutely. liz: what are you look for in the president's speech? >> i am rooting for him and praying for him. liz: he has been attacking people in tweets. he did it today with schumer. if you think it will be a hard sell when we talk about unity? >> we need to put our differences aside. the country is watching, the world is watching.

caught on tape, this is the potential turning point? we have new video coming into our studios. this is maduro's security forces. catch that. he was actually hugging an anti-maduro protester. what is going on in venezuela. senate democrats launching a new counter attack. they try to say, president trump you better not take military defense money from projects and states you will need to get re-elected to build your wall. we'll show you why that attack is way off base coming up. after months of wearing only a tiger costume,

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protesters and put in prison hundreds of others including teenager as young as 12. you are looking at new and exclusive video that came into our studios showing a maduro police officer hugging an anti-maduro protest last weekend. we have latin american countries in canada urging the military to recognize guaido as president. russia and china and 9 nations sticking with maduro. we brought you this story last week, now it's potentially happening. maduro out with a threat to throw into prison interim president juan guaido. when is he going to continue his virtual mandate? until 2025? or until he end up in jail by

virtue of the supreme court. the new video we played of a police officer hugging a protesters. your take? >> i hope it's a sign of things to come. we are looking for a peaceful non-violent transition of power. but that's just one video. and we don't know what's going to happen, especially when maduro talks about potentially arresting guaido. liz: we also had a general from the air force defecting away from in duro. dur -- from maduro. the democracy the president is anointing guaido. but the venezuelan constitution.

>> there is a thin justification there. and a lot of latin american countries have recognized him as well. it's the world community doing this with the exception of the normal standouts, russia, iran, china, cuba, turkey. it's legal. liz: does the military need to see other countries supporting juan guaido before they start to peel away? peter, we were talking about the venezuelan general who defected. >> you had one general go and the defense attaché defect as well. there are 1,000 generals in the venezuelan army. the low-ranging people are more

dissatisfied because they don't do as well as the generals. the head of pdvsa, they are lining their pockets. they are not going to leave. that's going to be the breaking point when they start to peel away. the international support for guaido will help them make that decision. liz: we have portugal saying no, maduro, you are not getting $1 billion in bank fund sent to you. we are block that. maduro gave the military control of vast commodities, commodities up as gold. when the money source starts to get shut down to maduro. when you see the banks here in the united states and banks around the world shutting off maduro, is that when the

military is going to peel away? >> absolutely. when the fund dry up. if russia and china sees a stable government that will pay them back their debts, they will sit on the sidelines, too. 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 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. [indistinct conversation]

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liz: just a couple hours away from the president's state of the union address. venezuela facing a worsening economic crisis over the u.s. oil sanctions and banks shutting him down, shutting down maduro. let's bring in a top expert. don lufkin. what happens next to venezuela? what do you think? >> it's a tough call. venezuela is facing hyper inflation, and i guess there is one way the united states can help. we should have ben bernanke and janet yellen and jay powell get down there. those guys have been trying to create inflation in the united states and been failing for 10 years. you have got to get rid of the

maduro-putin axis. you have got to wipe out the currency, what's left of it. you have got to run venezuela using u.s. dollars. that's what third world countries do after they have had hyper inflation. part of the bankruptcy will be to say that all of the global creditors of venezuela are simply going to get wiped out. russia is a major one. did you know russia effectively owns the u.s. energy company citgo? so we can't let that happen. liz: to your point about u.s. dollars coming in, remember the brady bonds? what's triking about this? we don't heart outrage from the left about what's going on in venezuela. i remember at one same beings *

said food lines in venezuela are quote a good thing. what's wild about the destruction of socialism is venezuela has the largest proven oil reserves in the world. can venezuela come back once they get rid of maduro? >> of course it can. there is nothing wrong with the venezuelan geography or the geology or the people. we just have a dictator in there, and he's got to go. you have got to unleash the entrepreneurial spirit of the venezuelan people which is second to none. get out of their way and let them rebuild. the great thing about venezuela, it.have the oil well so it's got collateral. so it can rebuild. it has the assets. it's not starting from nothing. we have got to clear the commies

out of there. liz: your quick take on the president many state of the union and the democrats. >> i am guessing the republicans will applaud and the democrats will scowl. what do you think? liz: senate democrats warning president trump you are playing with political fire if you try to use defense department money to build a border wall. we'll explain why they are totally wrong. that's next. . .

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liz: senate democrats have a message for president trump. don't mess with domestic military projects in our home state. things like building maintenance, hangars and more. the army corps of engineers have money appropriated to it to build fences.

think want the president from using accounts for the defense department or army corps of engoers if he declares a national emergency. bring in republican texas congressman, brian babin. great to see you, sir. >> great to see you, liz. liz: democrats attack is off base. president can use army corps of engineers money. that is what we're hearing he will do. >> he can probably get money from several different sources, if the democrats are so upset about this, they need to come to the table. they need to come to negotiate. the president has been trying to do for weeks and weeks. we got to keep this government open. and, if we're asking for $5.7 billion, out after trillion dollars plus budget, it is less than .1 of 1%. how can they tell us this is the money they can't find? this is national security. border security is national security. it is our utmost duty to try to protect the national security of the united states. and border security is just exactly what that is.

liz: here is the democrats pushback. they're saying president trump, you will need these bases to get reelected. you better think wisely about hurting projects in these states. what is reaction to that? >> again i think there are monies to be found and other places. the democrats, if you're so upset about this, come and negotiate. i don't, you know the president doesn't want to call an emergency situation like this, national emergency. i hope that we don't either. but, this is, i mean, you can see, i've been on the border. i wish the democrats would go down on the border see, what i have seen. i've been to texas southern border. i've been to southern arizona and san diego. i'm telling you it's a national crisis. it is certainly not a manufactured crisis as they keep saying. >> we have here in new york city, sir, suspected ms-13 gang member. accused of shooting and killing a rival gang member on

new york city subway platform in broad daylight. he is here illegally. salvadorian national on bail on attempted murder charge. what is your take on that, that this is quote a manufactured crisis? >> it is just one of many, many incidents, you know, thousands of americans have been harmed by criminal aliens. we had 237,000 criminal aliens that were, that were arrested in interior of the united states. democrats, please, get real here. the american people want border security. they want safety. they don't want sanctuary cities. and the democrats, all they seem to have to offer is abolishing i.c.e., sanctuary cities, mass amnesty. this is something that we absolutely have to do. it is a national crisis. it is not manufactured. the president is doing the right thing. i hope we can avoid having a national emergency declared by the president, but if that is all he got left to do. let's do it. liz: congressman brian babin, republican from texas.

thank for having you on. >> thanks liz. liz: thanks for having us in your homes. much more on the state of the union tonight. lou dobbs is next here on the fox business network. have a good night. ♪ lou: good evening, everybody. we're just hours away from president trump's second state of the union address. a speech that comes as radical dems and establishment rinos in congress and senate are attacking the president because he is calling the american people's attention to the national security crisis in our southern border. the decades long massive influx of illegal immigration, drugs, violence, sex trafficking over that southern border worsens each day. more than 2,000 central americans are now camped a mexican town of across the border from eagle