>> is it really a mass market company? we will see. stock's at 320. >> you don't want to tune away. i want to know what the big news is. thank you for joining us. >> we will see you tomorrow. bulls & bears starts right now. david: do not sit idly by and allow socialism to destroy our economy. that was the warning from the national economic council director kudlow this afternoon. will the progressive agenda be as devastating as he says? this is bulls and bears. i'm david asman. joining me on the panel today: >> put socialism on trial and convict it. tax the rich, tax wealth, wealthy successful people don't pay their fair share, i'm

hearing that again. thought i put that to dead 30 years ago when i was around here. some facts, some facts. the top 1% of income earners actually pay about 40% of all the taxes. so who pays the taxes? successful people, men and women, entrepreneurs already shoulder the biggest burden. the green new deal, literally would destroy the economy. it would knock out energy, transportation, airlines, jobs, businesses. we would probably lose 10 to 15 percent of our gdp. it is remarkable. our socialist friends want to tax and regulate more of everything. we cannot permit that. stop prosperity killers, stop job killers, stop incentive killers. david: a real call to arms. gang, is socialism as dangerous as larry says? >> well, i think -- let me just tell you, that larry kudlow made

no bones about it, this is a threat to our well being and to our prosperous economy. and here's the thing, he had data to back it up, and he is clearly laying out the theme for the 2020 election. we heard speaker after speaker today talk about socialism, and it is pretty darn weird, david, that democrats are -- these old broken remedies at a time when our economy is doing very well. obviously kudlow was happy with the fourth quarter and full year report that we got just today. it does seem like a pretty losing strategy, but that is going to be the theme of 2020. >> look, the republican national committee has got to be thrilled right now that on the left, that this is what they are trying to run with, and that's the running of everything. it is no coincidence they are trying to take over the energy business and trying to take over the healthcare business, which i

think is probably around 40% of the economy, by people, and let me say this slowly, who have never run a business, who have never created a job, who have never hired a person, who have never created a dollar of wealth, people like bernie sanders. i've said this time and time again. look at his resume. he has lived off the taxpayer his whole life, and all he's done is whine and complain about successful people, when these are the producers. he is the accepter. enough is enough. i will be yelling and screaming this until the cows come home until the election. >> what was also interesting today is that kudlow illuded to a historic trade agreement between the u.s. and china. he talked about this as well today. for me, what i'm curious about, there's nothing that we're currently talking about -- we said this on the show -- that president xi of china did not already promise to president obama in 2015 in the rose

garden. what i'm going to be looking for is if we do have this historic trade agreement, what are the enforcement mechanisms here, especially as it relates to ip theft? especially as it relates to the chinese cheating on trade. that's where they always seem to get out of things by the enforcement mechanism. so at least from kudlow's perspective, we know things can always change, but this president -- [inaudible] -- i think it will be very different than the meeting we saw president trump have last night. >> the deal should be freedom. i mean, that is the alternative to socialism, the fascism, all these sorts of authoritarianism. the right is not going to combat socialism by saying your taxes are going to be high because they are giving up the moral high ground. they are saying as the leftist say socialism is right, it is moral. it is you evil capitalists out for yourselves. that's what america is all about. it is your life, your property, your pursuit of happiness. republicans want to win, it's that right to your own life that

they need to be talking about when it comes to defending -- >> jonathan you make a very good point there that there was a lot of focus on how much taxes the 1% pays. i get where kudlow was going with that. although i don't know that that's the best political argument. take your talking points, what you just said, sort of defending the 1% is not where we want to go at this point. david: you know, what gets me, and liz, you are right there, and it must get a lot of the people there as well, is that we are forced to do the job that our kids history teachers should have done, that our kids economic teachers should have done, that their professors should have done, just explain clearly how going a little bit further than what jonathan is going, not only does it take away your freedom, it can take away your life. >> well, i think that as we roll

out this campaign, people are going to be talking about that. they will be talking about venezuela, but also larry kudlow talked about the soviet union which we don't talk about enough. the real reality of soviet union was central planning does not work, the green new deal is all about central planning. it is about a bunch of people in washington making the decisions about how you live, what kind of job you have, whether you join a union, what your house is like. it is unimaginable that people again are going back to this idea at a time when really things are going pretty well, and we finally, you know, during eight years of obama, we didn't have real wages going up. now we really are beginning to see some of that wealth creation go to labor. it seems like a weird time to me. >> let me do this, i'm going to defend the 1%. how about wal-mart? wal-mart has created millions of jobs and trillions of dollars of

wealth and single-handedly lowered the inflation rate in this country and around the world. they should be paid for what they have done. how about bill gates changing the face of technology? i can go on and on about those people who have created trillions of dollars of wealth, millions and millions of jobs and it's become for some reason on the left it is normal for them to put these people down and they're using the word immoral? i'm sorry, these people should be talked about to your kids about where they came from and where they are and what they have created, instead of the people on the left are doing the exact opposite. david: you know, larry kudlow, what he does very often, and we have seen this time and again on fbn when we've covered his speeches, he focuses on the blue-collar workers. he focuses on the people who have seen their wages stagnant in the last 20 years who are finally getting a bump up in their wages as a result of having some bargaining power because there's so many jobs. when there's so many jobs

available, when there's a labor shortage because there's so many jobs, that gives you more bargaining power. it is not only should the 1% be applauded, but the working class of america are finally getting back something of what they've been putting into the economy as well. >> and david don't forget those were the voters that came across the aisle. david: hey, guys, i'm sorry to do this, but we have some breaking news. we'll come back to this if we have time. elon musk is making an announcement on tesla. we've all been waiting with baited breath on this. we have been following it. we have the latest details. go ahead, christina. >> the promise has come true, you have the model 3 at a base price of $35,000. this is according to the website right now, thompson reuters. everybody stating that finally tesla has followed through with a lower cheaper model, model 3, 220 miles of range, a top speed of 130 miles-per-hour. this is according to the company, and they've been promising this cheaper vehicle

for quite some time, ever since they revealed the mid size sedan back in 2016. you have elon musk coming through with this. there's also some details about the standard new partial premium interior, so better seats than the cars thus far. this is the latest that i'm seeing. just two little -- two tidbits right now, $35,000 base car, model 3, as well as improved seats and a premium battery pack for $2500. we're still getting more information as it comes through, but there's a lot of -- there was a lot of speculation as to what this story could be, given the fact that they have convertible debt due tomorrow, to the tune of almost a billion dollars, which could wipe out a lot of tesla's cash, and then you have the fact that the sec versus elon musk going back and forth, possibly holding elon musk in contempt for his tweets about the production rate for their vehicles. so a lot of drama going on with the company right now. but the latest we're seeing is

that yes, tesla has launched a model 3 with a base price of $3500 u.s. david: christina, keep us updated. i want to go back to the panel. the big question is not whether he would announce that they got the model 3 at 35,000 but whether he can deliver. that's really the question. whether he can finally deliver what he says he is going to in terms of cars produced. >> tremendous -- from elon musk always, unbelievable showman at every opportunity, his ability to roll out a new model and in the same week, task regulators, this company is proving not only that it can deliver, david, but actually even deliver potentially without those government subsidies which are set to fade out over the next couple of years. this has been a stock that's outperformed even its other big cap giants have faded away. although it is down after hours now. >> the fact we had to wait a day

for an announcement. i thought he was going to announce a flying car. like there's no other $35,000 cars out there. my biggest issue is elon musk, he's brilliant, genius, innovator, but he needs to take some lessons on ceo. the sec is going after him for something he tweeted which he wasn't supposed to do. i hope he gets his act together. the big question on the stock is valuation. gm does ten times the sales and has less of a market cap than tesla. that has to work itself out over time. >> yeah -- [talking over each other] >> go ahead, liz. it is a little questionable why he chose to make this announcement today. it seems an awful like he's trying to deflect, you know, attention away from his sec problems and the debt repayments. we'll see, but look, i couldn't agree with gary more. there needs to be an adult in the room. i love elon musk in terms of his

inventiveness, ingenuity. he needs a manager. >> lauren just tweeted us. she said tesla lowered the prices to get reservations to help raise money, distract from the sec, which liz just said, and still take a loss on every single vehicle, which is a very interesting point. thank you, lauren. david: absolutely. lauren knows what she's talking about. >> she does. david: christina, does he say anything about production because that's been the bug-a-boo with tesla for a while. they make big plans and promises but can't deliver the number of cars. >> right now it is just a picture and showing the standard pricing, 26,950 but you have to add on all the things which brings to it a base of $35,000. no, there's no promises of production, which has been an issue. to the panelists, to everybody's point, liz being spot on when it comes to deflecting attention to the fact that the company, yes, it's been successful.

jonathan mentioned that, but is a lot of the success attributed to the fact that elon musk's celebrity has taken this stock and brought it higher. if you were to punish elon musk, take him out of the equation, what would happen to the stock? what would happen to the short sellers? would they be gaining? especially with the fact that the company is overledded with debt. -- overloaded with debt. that debt is almost a billion dollars. wiping out a lot of cash there. following through on the wonderful car which i think tesla is great, but at the same point, they do have problems with production. they have problems with cash. and it is not only tesla. there was some debt due that continues to be rolled over. a lot of points of concern, sec is adding to that. david: they are burning cash like crazy.

this is interesting news. he's using the internet like i don't think any car company has before. all sales can be on-line now. worldwide, he's making all sales available on-line. talking about cutting out the middleman, gary. i mean, this is something extraordinary. i mean, you know, the thing about elon musk, he's crazy. he smokes weed in interviews. he does all kinds of nutty things. but he's an innovator like i have never seen, in the car industry, like you have seen an innovator like this. >> here's my little prediction, i think they will have to announce a secondary in the next few weeks to raise cash because i don't think they can go to the bond market again, but there's no doubt in my mind that they've got to raise cash because they cannot build cars without cash, so it's going to be -- it could probably affect the stock negatively. david: another detail we're h r

hearing, they have upgrade to increase the model 3 to 162 miles-an-hour. >> can i jump in? there's more information that could potentially add to higher administration costs is that you can now return a car within seven days or a thousand miles for a full refund. so potentially they could be faced with many more refunds. yes, they are now putting all of their cars and sales on-line only, so that sales could be worldwide on-line. that's how they perceive they can lower costs for themselves and offer a $35,000 base vehicle, the model 3. but at the same time, they are making it much easier to try out and return a tesla which could be seen as a positive as well as a negative because you have more people if they test it out, and more returns. >> they are going to face some regulatory hurdles bay --

hurdles by that on a state basis. i think it's a fantastic idea, but there are state regulations when it comes to selling cars. it's interesting to me how they can get around that. >> the fact that the stock is so highly sold short, it's sold short, it acts as kind of a bolster for the stock because it makes it move up. so many people short the stock, that's why it's been so strong in recent days in my opinion. david: in capitalism and only in capitalism will you find this kind of innovation. we applaud the capitalist efforts of musk to make this car company work. meanwhile, president trump walking out of the north korean summit. foreign policy expert on what this could mean for the china trade negotiation. that's next. >> they had papers ready to be signed. i just wasn't appropriate. i want to do it right.

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- [spokesman] custom ink has hundreds of products for your business and free shipping. upload your logo or start your design today david: the north korea summit ending abruptly with no deal after president trump says the u.s. wasn't willing to budge on sanctions. go ahead and roll the tape. >> it was about sanctions. i mean, they wanted sanctioned lifted but they weren't willing to do an area we wanted. they were willing to give us areas but not the ones we wanted. i could have 100% signed something today. we had papers ready to be signed. but it wasn't appropriate. i want to do it right. i'm always prepared to walk. i'm never afraid to walk from a deal. and i would do that with china too if it didn't work out. david: just like reagan did it with the soviets. fox news foreign policy analyst and former trump campaign foreign policy advisor joining us now. a lot of people are thinking that this is a message being sent to china.

what do you think about that? >> it is a message being sent to china because china is at the genesis of what is happening now in this whole issue between the u.s. and north korea. just a quick reminder that chairman kim basically was acting erratically, threatening, firing missiles until he met donald trump who sent him a tweet. what happened then? kim went to china and asked the chinese are you going to be with me if i confront the united states? they told them no. we are negotiating for much more and bigger things than you. our financial empire around the world. which means that china has a lot of influence on what's happening between the u.s. and north korea. >> it's morgan. josh rosen from the washington post just pointed out the problem with not getting to a deal even though i think the president was right to walk away is that kim jong-un can continue behind the scenes even if he's not testing to improve his arsenal and also the sanctions regime has been eroding of course by the chinese and the

russians. what are the next steps the president can take? >> first of all, we have indications that the north, north korea is really crumbling in terms of the economy. it needs something. that something could be provided by an agreement between the u.s. and south korea and of course china. he has been sending signals to his own military leaders and his own public opinion with his facial expression that things are going to move forward. the only thing he doesn't want to do is an overnight surrender of his nuclear force because china won't allow him because china did not get what it wants yet from the united states. i think the president has done the right thing to do this acrobatic move out of hanoi because what is going to happen next is a third summit. at the third summit, okay, we're going to make some more progress. >> a third summit? i mean this is two summits already in two years. what has the u.s. accomplished except legitimizing a dictator? >> well, basically, if you remember, in the middle east

when we had the camp david agreement after many meetings and summits, at end of the day, one peace agreement with egypt and jordan. the prospect of peace agreements now with the arab coalition. obviously in two summits you won't change what's been happening over the past 70 years. we had a cold war for half a century. over the past six, seven months, it is progress. it doesn't have to be overnight. at the same time, the president thought he could get a signature, he may have known there would be no signature at the end of that day. >> i've been reading up about libya dropping their nukes in the early 2000s when bush was really threatening them big-time. i'm thinking to myself at this juncture, attend of the road here , - -- the end of the road here, do you think they have any

interest of giving the nukes up? >> what they are interested, we won't basically confront the united states. we need to survive. they are also saying why do you want to take our nuclear weapons? look at india and pakistan. at the end of the day, if we keep a deal with china, china will tell them to keep them, keep less them or not to keep them at all. >> it seems to me that the biggest -- the reason we got this far at all with north korea was that china was very agreeable about toughening sanctions, a couple of years ago or 18 months ago, and then they began to take their foot off the accelerator. what are they going to do now? are they going to join us? if we ask them to push back, really tough sanctions on north korea, so as to move the needle again, will they be agreeable to that? >> i think china considers north korea as a pawn as a chapter of its negotiations with our president, with our

administration. so if we improve relationship with china -- if china gets advances in other areas, other fields, other chapters, they may put some pressure. if china is not happy, they will say north korea you can keep your weapons and be stubborn with regards to the united states. it all goes back to beijing at the end of the day. david: north koreans are a paranoid people. they are paranoid for a good reason. they live on a razor's edge fearing that tomorrow or middle of the night they could be taken away and shot. i must think that somewhere kim is worried that if he opens up this country that's been held so tight for so long that there may be some kind of revolt against him. does he still have those fears? >> absolutely. and they are growing because he has seen -- his dynasty has seen in the past what happened when east germany when they were allowed to go to west berlin, remember -- >> yes. >> he understands this can happen. he wants to guarantee his regime by the americans, before he

opens up, surrenders anything. david: great to see you. thank you very much for coming in. appreciate it. >> thank you. david: more than 100 house democrats rallying around a medicare for all bill as they call it, but louisiana republican senator and doctor bill cassidy says a single payer system just won't work. he joins us next with his own plan. >> the only ones who can't afford to let this bill pass are the pharma and insurance companies who stand to lose massive profits if they pass my bill.

>> -- we can't afford to pay it. if germany, england, canada, and australia, and japan, and china can all do this, why can't we? instead of just being negative, why not we figure out a way that we can design the system that will make sure that everybody's

got healthcare. other countries are doing it. you say you care about the economy. it's a competitive issue for businesses in this country. david: michigan democrat congresswoman defending a sweeping new medicare for all bill, unveiled by democrats who has more than 100 cosponsors and though democrats have not released a price tag for their measure, american action forum estimates it will cost 36 trillion dollars over ten years. that is by the way about the cost of our entire federal budget. let's bring in louisiana republican senator medical doctor who also happens to have a plan of his own. senator, listening to the congresswoman talk about it works great in england, why not here. i spent some time in english hospitals. i was forced to for about a month. they are horrible. they have a lot of penicillin resistant diseases going around. their equipment is falling apart they don't have the access to

the drugs like we have. i'm worried about the cost and the quality of our healthcare if we goes socialized >> let's make a couple points. let's welcome those 100 democrats to the repeal obama care caucus. it's taken them nine years but they now realize that obama care does not work. it only works if you don't. [laughter] >> that's number one. number two, number two, 32 trillion dollars, putting these people into a healthcare system, medicare, which is already going bankrupt in ten years. medicare for all means medicare for none. and what they are not saying is they are taking the employer sponsored insurance that 150 million americans have and that they like, they are forcing them out of it and putting them into medicare, again, a plan going bankrupt in ten years. i will finish by saying whereas republicans want the patient to have the power, it appears that democrats want government to have power over the patient. that's not where i am. >> senator cassidy i'm a big

believer this is not just about healthcare, it is about taking over everything in the economy. they are trying to do it with energy also. i know you mentioned 150 million people, but that's actually 91% of all people already have insurance, they are whining, complaining about 9%, are you going to address that in your messaging as we move forward, that 91% already have insurance? >> absolutely. they are being so incredibly dishonest. they are not talking about costs. they are not talking about the fact that you would have to double your individual tax rate, double your corporate tax rate, and bernie sanders plan they cut providers by 40%. you're the nurse? your salary just went down by 40%. they are not telling people that, when they promise medicare for all. let's be honest. it's also again say 150 million people have their employer

sponsored insurance which they like and now they are going to lose it because it is forcefully taken from them. >> senator, it is liz peek. i really applaud you bringing out a program because it is not easy to fight a big thing like medicare for all with nothing. republicans have to have something that they can counter with, because the american people really are very concerned about healthcare costs. i like the fact that you are talking about the cost of healthcare going down, not the insurance premiums. all we have done for a decade is talk about insurance. so the question is, how can you kind of encapsulate this in a sort of easy slogan, if you will, or an easy to sort of think about program that catches the imagination as medicare for all has? >> wouldn't it be incredible if you gave the patient the power? the power of knowing the price of a procedure before she had it done, as opposed to six weeks later when she gets this incredible bill. the power to know that if she goes to an in-network hospital,

she's not going to pay out-of-network prices. the power to have drug pricing in a transparent way as opposed to being done in a back door way. we're going to give the patient the power. >> senator, at the president's state of the union, he actually referenced prescription drugs. it was a little bit vague, but it was clear that's something that instead of repealing replacing obama care that he was going to focus perhaps on prescription drugs. what do you think about the president's proposal? can it get through the house and the senate? do we have any realistic chance of getting anything done? >> some of what he's doing is going to be done strict through medicare by his administration. -- going to be done strictly through medicare by his administration. if you outlaw rebates, that's the proposal, rebates accounts

for about 40% of the list price, that means a patient who goes to buy medication with cash gets a 40% discount. that is remarkable. there's substantial. and most likely the commercial space will follow what medicare does. if not, hopefully we can get bipartisan support for a bill which reflects the administration's efforts. >> senator, thank you for being with us. the democrats believe that health care is a right. do you believe that healthcare is a right? if it's not, what is it? >> we have made healthcare a right. if you are in a car wreck, they can't find your insurance card, you are brought to the hospital, you get the services that you need. >> you agree, sir? that healthcare is a right? >> we have functionally made healthcare a right. by the way, my medical practice for 25 years was caring for the uninsured. not only do i recognize as a society it's functionally made a right but i've lived my life trying to give healthcare to other people.

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david: while our federal government slips even further into record debt, every day, some state governments are doing well enough to send tax revenue back to their taxpayers. states like arkansas, south carolina, florida, are proposing to lower rates on income property and sales taxes. other states that are flush want to put some of that money away in a rainy day fund. so gang, if the states can manage their finances into surpluses, why can't the feds do the same? >> well, the states, david,

unlike the federal reserve, the states can't print up more dollars as the federal government does. the states have done an admiral job. look how far many of them have come over the last decade. it makes me think of the wonderful line from the wall street movie, you are on a roll kid, enjoy it while it lasts because it never does. they should take this opportunity not to just to cut taxes but pay down debt and deregulate for tougher times ahead. >> let me just say that some people in government are actually accountable and doing the right thing. i applaud it. i'm in a state that's got its act together, the great state of florida. and let's hope more states can follow it. unfortunately others do not. unfortunately our federal government that has no accountability and obviously does not give a you know what about the taxpayer continues to just -- i don't even have the words to describe where we're going with it unfortunately. >> you know, the issue is that

the federal government has none of the constraints that the states do. states do have to balance their budget, and so they are in better shape generally. but let's face it. it is the growing economy that's fuelled this rebound in the states' coffers, and they were in terrible shape, post financial crisis, so many of them took measures to cut their costs. what i do think is this really makes a divide between blue and red states, even more visible, even more harmful to blue states, particularly with -- florida is great. others not so much. >> liz is right. this tax bill is going to exacerbate that as people really see you know the difference. i'm also a native floridian. i don't live there anymore. i wish i did. david: you left at the wrong time. >> i really did. i need to go back there. >> it is very warm today here. i want to let you know. david: thanks a lot. thanks for rubbing it in.

[laughter] >> we're always told that florida is going to go blue and that it is purple. and all of this. why in an increasingly hispanic state and increasingly young state that you continue to have success with republican legislators, senators, it is because people know the economy works. it is not just about taxes. it's about deregulation. we haven't had a democrat governor in florida in a long time. for all the new yorkers who are moving down to florida, do not get down there and go blue and screw up the state. leave it alone. >> david what you will continue to see is an exodus from the high tax, high regulation heavily indebted states like illinois into the lower tax havens, if you will, whether it's texas, whether it's florida, and as the individuals and companies readjust. david: we have to go. i have to warn my friend gary,

you came close with having a new governor who wanted to raise taxes. i know. good luck. i pray that the same thing doesn't happen next time. good stuff, guys. thank you. if you were an uber or lyft driver, would you take a cash bonus? or stock in the company? you will be surprised at the answer. that's coming next. now i'm thinking...i'd like to retire early. let's talk about this when we meet next week. edward jones came to manage a trillion dollars in assets under care by focusing our mind on whatever's on yours. i'm begging you... take gas-x.ed beneath the duvet your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight.

david: uber and lyft are making history more ways than one. not only will they become the first two ride hailing services to go public, but they are also offering some of their most experienced drivers the ability to use a cash bonus to purchase stock in the new ipo. folks, what do we think of this? morgan? >> sorry, i thought we were going to gary. i want to say i take uber and lyft a lot. i really like it. i'm going to say to every driver that i have, take the stock option, don't take the cash. it will be interesting to see what they do. this sort of good press that they are getting i think comes on the heels in new york, which is a very high city for uber and lyft, putting $2.75 on every single uber ride, i'm assuming it is dropping in demand.

i know anecdotally me myself i have been taking it less because of the extra fee. uber and lyft need positive news they are always getting hit by the cities and local governments they are in. this is a good news story. >> they are always getting hit by the regulators and the taxi cab medallion, but the consumers love them. their drivers love them. i mean you used to have to be wealthy to have a limo driver. thanks to uber, anyone can either have a limo driver or be a limo driver. this is capitalism. this is a tremendous achievement. i'm just surprised, david. i thought only rich wall streeters got talk. here you're telling me that average day people are getting to participate? this is an only america story. bravo to uber and lyft. >> i want to say i could listen to jonathan hoenig for hours talk about capitalism. i mean that. this is a good move on their part. it is a good news story, whether

you take the cash or stock. it is going to depend on where they bring the ipo out, if they bring it out at ridiculous valuations, not so sure. by the way, i do believe that both companies lose a ton of money. david: they do. >> if they come out in a bad market, it may not be so great. maybe the cash would be better. >> i think, though, it solves two problems actually for uber and lyft. one if you remember not so long ago, the drivers were trying to organize in new york in protest of lower wages. remember that? that was kind of a crazy thing. number one i think it kind of gives those guys something to cheer about. as you say, it kind of gives everybody a stake in the success of the company. i think it is pretty hard for the regulators to beat up on uber and lyft when they are doing this. i think it is a win-win. david: to gary's point, it is burning through a lot of cash, a lot of cash because they are competing with each other. they are offering bonuses to riders and drivers, by the way. and so a lot of the drivers when

they are offered the choice of either stock or cash, they will choose cash because they are afraid of the stock. they know what's going on. are they making the best decision there, do you think, gary? >> look, i think cash is always darn good. i must tell you, every time i go into a an uber, i ask a question, how has it changed your life for the better or for the worse? just about nine out of ten say much better, making more money, work on their own time, so this is a great great story of modern technology. david: wouldn't have happened under socialism. thank you, gang. the all american martha stewart is now going into the weed business. will this end up hurting her image or helping pot's reputation? a debate on that, coming next. our grandparents checked their smartphones

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david: canadian cannabis company canopy growth is partnering with martha stewart who is going to

play an advisory role for the company developing a new line of cbd-based products for people and animals. with martha stewart on board will marijuana become more mainstream? >> i think this is an interesting brands extension for martha stewart. pot holders to pot heads. it's a generation shift. i'm not in favor of it, but what can i tell you. >> this is cbd, not chd. whether it's skunk or the devil's lettuce. this will not be taboo in the future. the same type of taboo will be change when it comes to cannabis

use in this country. >> martha is so behind things. you have john boehner lobbying for the'industry in washington, d.c. for several years. i'm libertarian on this. but everyone friggin'' smokes pot going down the street. i am sick of walking in weed clouds in new york. david: me, too. it's gross. >> we went from salt and march marachino cherries were going to hurt you. put them in burry toes at a dough bell and you will d at taco bell, and you will make a lot of money. david: if you light up a cigar

you get arrested in new york. but if you pull out some weed and get arrested, you caught the aclu. president trump: basically they wanted the sanctions lifted in their entirety and we couldn't do that. they were willing to denuke a large portion of the areas that we wanted, but we couldn't give up all of the sanctions. >> i guess it took two meetings for him to realize oner was on on the level. he's the big winner. he got to sit face to face with the most of powerful person in the world, the presidential of the united states. it's good the president did not give him anything. president trump: it was about sanctions, they were willing to give us areas