tv The Evening Edit FOX Business March 11, 2019 6:00pm-7:01pm EDT
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at one time this country was 70, 80, 90% agricultural. but maybe we should change that. david: thanks for watching. we'll see you next time. >> we have a humanitarian and national security crisis at our border. he gave congress a number of opportunities to thrill adress it and they failed to do so. so the president is taking his constitutional authority congress granted him. the only reason he has the authority to call a national emergency is because congress gave him the right to do so. they failed to do their job. the president is doing this duty to protect the people of this country and secure our borders. liz: that was white house press secretary sarah sanders make the case for the president's budget.
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the battle fills now joined. it's show time. $8.6 billion for the wall. we'll bring you reaction from congress which has to sign off on this one. faa investigators on the scene of the ethiopian airlines crash killing every one on board. it crashed minutes after takeoff. we are talking about 46 people dead in -- we are talking 346 people dead. boeing's ceo emailed his workers that's he's confident in the safety much this plane. news crossing the faa may mandate software fixes for this bowing airliner. investors punishing boeing. the dow would have soared even higher fit weren't for bowing.
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china, ethiopia. we have the airlines that still use them coming up. to bernie sanders claiming his radical ideas have gone mainstream. but we have more details about his key policy positions that are way out of the far left mainstream and will no doubt infuriate his base. alexandria ocasio-cortez trying to claim gop tolls are you behind complaints about her campaign violations. this has democrats say behind the scenes, can alexandria ocasio-cortez's 15 minutes of fame be over in joe biden jumps into the fray? to venezuela. secretary of state michael
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pompeo moments ago blaming cuba and russia for the crisis there. venezuela's interim president juan guaido says the victims who died during the worst ever blackout were murdered by mat duro regime. thank you so much for watching us. thanks for joining us. i'm elizabeth macdonald. "the evening edit" starts right now. [♪] liz: welcome to the show, you are watching the fox business network. let's get to you edward lawrence in washington with the latest on the budget fight. >> the president's budget is dead on arrival before they actually read it. there is a decrease of 5% for non-discretionary spending.
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the budget includes $8.6 billion for a border one. one of the many reasons democrats say no to this budget. chuck schumer say the budget would take our country backward and weaken rather than strengthen our middle class. >> at the same time congress has been ignoring the president's spend reductions for the last two years. it's only now in our third budget they are willing to have a conversation about the national debt. we have been trying to have it since we got into office. reporter: the budget includes a republican want for people on food stamps would have to work 20 hours a week. there would be a hardship exclusion.
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and the chinese central bank governor says both the u.s. and china should let the market determine the exchange rate. china always denied they manipulate the currency. but now they talk about letting the market determine the rate. the meetings between presidents have been canceled by the chinese who worried president trump would walk away, embarrassing president xi. >> the president will make sure whatever deal we get will be in our best interests and it protects our intellectual property and actually has safeguards to make sure that the chinese follow through with whatever commitments they make. reporter: the democrats selected milwaukee as the 2020 convention site.
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liz: customs and border protection, the border patrol gang, estimating nearly 180,000 more migrants traveling as families will cross the border toifnlt s. by may. joining me now, texas congressman brian babin. a lot of families. >> it's out of control. when we have 76,000 illegals come across our borderer in one month and 180,000 as you just said in may. now close to a million if not greater than that by year's end, that nancy pelosi and chuck schumer would wake up and realize this is not a manufactured crisis. this is real. there are over 2,000 people that are quarantined down on the border. 276 cases a month. i'm a healthcare practitioner, dentist for many years, i know a healthcare problem when i see it. i have been down to the border
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and i am co-chair of the border security caucus. this is for real and they need to do something about it on the democrat side. liz: you just pointed out about the quarantine in detention centers. that's a health concern as you pointed out. we have had reports that i.c.e. dropped off dozens of migrants at a greyhound bus terminal. there are all sorts of stories coming out ever which way you turn on the border. it's so indicative of how poisonous the fighting is or spending in washington. now the fight will go to the supreme court. nothing in the story seems to add up. >> it doesn't make any sense at all. we had almost a thousand people come in through the northern border. can days finally wake up to a problem they have, and we need to do the same thing.
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we have to secure the border. the american people are not stupid and they see the extreme positions the democrats are taking, whether it's open borders and not addressing a border crisis like we have, or the green new deal or any of these other things, extreme abortion positions, socialism. i think there will be a day of reckoning in 2020 because of these positions they are taking. so we are hoping that the democrats will really wake up, realize the extreme wing of their party is not doing the country any good nor is it doing them any good. i just want to tell you we need to secure this border. it is a national crisis that is crying out. the american people are being put at great risk. and we need to do something about it. liz: thank you so much for coming in.
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democrat senator dianne feinstein is calling on the faa to immediately ground boeing 737 max 8 airplanes. >> that's direct contravention to what the faa has just done. in the last hour they issued a continued air worthiness notification to the international community. the faa says the plane is still safe to fly. they have not ground it. that's opposed to what senator feinstein is calling for. but in this notification they say that they expect to mandate flight control systems enhancements on this plane that focus on a reduced reliance on pilot memory items. what that means is some indication that perhaps the procedures in place in order to navigate the plane perhaps are
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not being communicated well enough or taught well enough to the pilots which could go to the cause of what the faa believes the cause of one of those crashes could be. at any rate, a positive for the airline which lost a bunch of ground in terms of the stock market. down 12% and closing down 5.3% which was quite a rally. boeing putting out a message saying to the public the investigation is in its early stages. but based on the information available, we do not have a basis to issue any guidance to operators. the ceo later in the day telling employees he has full confidence in the safety of the aircraft. despite that. china has grounds all 737 max 8 aircraft. india man dated pilots have
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additional training. they have to be at least 1,000 hours behind the controls much one of these earlier 737 aircraft. cayman and ethiopian airlines all grounded their airlines. in the u.s., southwest, 31 planes it has in the air, it will continue to fly those as well as united and american continuing to fly those as well. liz: we do not know what happened in this crash of the plane out of ethiopia. it's such a sad story. the faa is stepping in, mandating software fix by the end of april. we don't know what happened sunday. this is a problem for boeing. let's take to it former fa tax
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attorney. we are hearing conflicting information out of the faa. what's your take on what you just heard. >> we are getting a lot of conflicting information from different sources. yet people are calling for definitive action based on limited and as i said, conflicting information. so again i think the faa's number one priority is always safety. we have the safest air california system in the united states. they will act promptly as soon as there is a basis upon which to act. liz: what was scary about the lion air crash. the pilots of that plane could not themselves manually override the software and it went into and anti-stall mode where it conked out. is that what's spooking people worldwide here? >> i think what's spooking people worldwide is you have two
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accidents involving the same aircraft model within a short time. the first one is under investigation. we have a lot of information, but the investigation is ongoing. then we have this second accident. it's easy to jump to a conclusion. in the first accidents, the lion air, boeing based upon what what he then knew, and the investigation is still ongoing, issued bulletins and information to all operators to what to do if they encountered a situation where the aircraft was going nose down. the ethiopian pilots should have had that information. so it's very important that we really not jump top conclusions or call for action prematurely. liz: that's a good point. thanks for coming in. what's weird is the ethiopian air crash happened at 2,500 feet
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and the lion air at 1,000 feet. in spied of boeing, the dow had a strong day today. susan li is at the new york stock exchange with more. reporter: today started with better than expected retail sales. seeing gains as opposed to the unchanged. we saw a revision downward of 1.%. and it confirms the worst december going back 10 years. and that cements what we saw in the last few weeks. 5,000 store closures. and that's coming from j.c. pennies, macy's and payless shoe stores as well. today on the markets it was all about bowing. it wasn't for beauing we would
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reporter: senator elizabeth warren calls the tech industry a kill zone for up and comers and entrepreneurs. she says amazon, facebook and google need to be cut down to side. >> we want to keep that marketplace competitive. not let a giant with an incredible information advantage and manipulative advantage be able to snuff you out. my view is break these things apart and we'll have a much more competitive robust market in america. that's how capitalism should work. reporter: she is calling out tech companies for using mergers and buyouts to take out their competition. she would retroactively reverse the purchase of whole foods and zappos, and facebook's whatsapp
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and instagram. if they would face real pressure to improve the user experience and protect our privacy. warren also says any company with a platform or marketplace that brings in over $25 billion in global revenue would be classified as a platform utility and would be prevented from owning or operating on their own platform. liz: ocasio-cortez blasting capitalism at that event. >> we seek and prioritize profit and the accumulation of money abeautiful else and we seek it at all human environmental cost. that's what that means. to me that ideology is not sustainable and cannot be
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redeemed. it doesn't feel good to live in an unequal society. this idea of 10% better than garbage should not be what we settle for. we should not be haunted by the spectre of being automated out of work. we should be excited by that. but the reason we are not excited by it is because we live in a society where if you don't have a job, you are left to die. liz: there are a half a dozen things wrong with everything she said. capitalism is not at a human environmental cost. she is talking zero sum thinking. saying america where it's at is 10% better than garbage. in venezuela they are actually eating garbage. >> there is so much wrong what we just heard there.
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but let me startl start with the basics. unlike what the congresswoman thinks it is. she thinks it's an unwavering reverence to capital when wait is is a recognition of with capital there is opportunity. frankly it much ignorant of history and the reality of economics today to argue capitalism is evil it'sed the only mechanism that's eradicated equality at the extent she is talking about. look at the worldwide over. more people are not living in abject pofer heights for the first time we have seen in decades in ways that were unthinkable 10' in what is we are not thinking about. liz: she said we should be excited that we are being automated out of our jobs to robots. but then she says we'll all die if we don't have a job.
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>> it's bizarre messaging. you have the pro own interest of a green new deal which promises a job for everyone willing and unwilling to work. they guarantee a job for everyone but then they say a job is a bad thing. it's not clear to me what a proposal would do. she is saying jobs are bad, but her premiere policy proposal has jobs for everyone. >> would you call yourself a proud capitalist? >> i don't know. the labels, i'm not sure. >> the green new deal go too far? >> no. you cannot go too far on the issue of climate change. >> do you think eliminating private insurance would be a socialist idea? >> my -- i strongly believe that we need medicare for all.
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liz: but then you have senator warren saying i'm not a socialist. amy choab char saying i'm not a socialist. liz: the debate is that ocasio-cortez goes away after joe biden steps in. >> they wanted everyone to pledge to one label that they all can identify exactly what they stand for. that's not what our poll tricks about. our poll tricks a competition of ideas whether republican or democrat. when you have every democrat under the sun running for president it doesn't matter what you label yourself. for elizabeth warren, i don't know if there is a lot of appetite for a capitalist who believes in mark ets. she thinks they should be strictly blissed. liz: we asked alexandria ocasio-cortez's team for
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comment. they have not yet replied. bernie sanders firing up his base by trying to claim his radical ideas have finally gone mainstream. but sanders' base may want to take another look at bernie sanders' position. but first to ocasio-cortez, claiming this past weekend that capitalism is irredeemable. but try to argue people should be excited about robots costing them their jobs. we'll try to square the logic between those two ideas. we are on it when we come right back. great news, liberty mutual customizes- uh uh - i deliver the news around here. ♪ sources say liberty mutual customizes your car insurance, so you only pay for what you need. over to you, logo. ♪ liberty. liberty. liberty. liberty. ♪
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it turns out, they want me to start next month. she can stay with you to finish her senior year. things will be tight but, we can make this work. ♪ now... grandpa, what about your dream car? this is my dream now. principal we can help you plan for that . liz: reuters reported that theresa may has gotten changes to her brexit deal in her bid to
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win last-minute support before it goes to vote tomorrow. the controversy around cortes's finances. she claims republican trolls are slamming her with bogus complaints. it's on top of a bunch other complaints. including that her chief of staff diverted $1 million in campaign donations to shell companies he and cortez controlled. and her team may have illegally paid her live-in boyfriend for consulting services even though he did little to know campaign work.
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also she got a congressional email account for her boyfriend, even though they are not married. your take on all this? >> the tax issue is the latest for the congresswoman. she advocates more taxes and higher regulatory burden on americans generally and she has supported more regulation of free speech, and the money it takes to run a campaign. yet now she finds herself even snared in a tax and regulatory snafu. i think these may rise to a level of serious violations, and i think she is going to get a good dose of education in washington, d.c. about the burdens that come with taxes and regulation. >> she is going after the people filing the complaints.
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calling him a troll. she is personally attacking him. why do you say this could bode ill for ocasio-cortez. >> so far there have been two come rains in the filed against this scheme. three entities. two political action committees, and an llc to subsidize nace snrks t campaigns of their preferred candidates. she may have circumvented the personal use violation. another complaints claims that they spent so much money through an llc in order to obscure how they actually disbursed the funds. i think the violation is of dimensions of $3 million. the end prize of two political
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action committees and llc provided campaign support at a deficit. that is, they spent about $3.3 million to support the campaign of the congresswoman and others, yet they charged the campaign only $300,000. that looks like a potential $3 million subsidy to the campaigns they supported, including the congresswoman's because she paid $60,000 for the services she received from this enterprise. liz: it's as black box. that's why campaign laws are so detailed. you can't do things like this. she is paid $2,000 in taxes for a company she found? 2012. this is interesting when you dig in deep to ocasio-cortez's
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finances. there are a lot of problems there. >> she was involved in setting up this enterprise of the three organizations. her name appears as a director. her boyfriend worked for this enterprise, and she benefited from the subsidy that they provided the various campaigns. so i think that she is in for a good dose of education from both an fec investigation and possibly department of justice investigation. liz: tonight we are keeping a close eye on the several other stories for you, breaking news tomorrow. wells fargo ceo will get a capitol hill grilling led by maxine waters. she has been on the war path against big banks. nearly every business line of wells fargo is being probed by a government agency, from fake accounts to firing
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whistleblowers to more. lawyers for google and intel are facing a hearing before the senate judiciary committee. the government wants to know how much control tech companies are giving to consumers over their own data. apple will unveil some of their original tv shows. jj abrams is among the invited guests. "captain marvel" crushing it at the box office. it's disney's first comicbook movie with a female heroine. bernie sanders says democrat candidates like this radical ideas as well as the american people. we'll show you a bernie sanders you never saw before. that's next.
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liz: bernie sanders kicked off his new hampshire campaign telling people his radical ideas have gone mainstream. >> those ideas we talked about when we came to new hampshire two years ago seemed so very radical at that time, well, today virtually all of those ideas are supported by a majority of the american people, and they are being supported by democratic candidates from school board to president of the united states. liz: let's bring in republican strategist edmund siegfried. >> the majority of the american
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people want the rest of the american people to succeed by pulling themselves up by their bootstraps, not by being giving something. when you ask the question -- you tell somebody what it's going to cost or how you are going to pay for these programs, people back off and say we don't support this. we don't think the government should be paying for this. even "the washington post" is saying it would require to us raise taxes exponentially and accept a reduced quality of medical care. that's just looney. >> at a campaign rally and it's clearly silly season is here. bernie sanders, his policies in the past are 180 degrees opposite of the radical left. 2007 he was against ted kennedy's campaign reform.
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he said i don't know why we need millions of people to come into this country as guest workers and drive wages down even lower than they are now. you have the service industry bringing in workers from abroad and drive wages down even lower. you mean to tell me bernie sanders is a politician? of course. he's tough on immigration. he was soft on guns, then tough on guns. he flip flopped left and right. liz: sanders wanted an amendment to get rid of 2,000 advisas and to prohibit banks getting bailout funds from hiring guest workers. he was tough on crimes and was for the 1994 bill clinton crime bill. but he was tough about gun laws.
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he voted against the brady bill five times and said yes to bringing guns on amtrak trains. this is the bernie sanders youer in met. >> he's the bernie sanders liked by the nra. you don't know which side of the bed he wakes up on. he's a political wind socken only trying to take advantage of people. joe biden will go after bernie sanders when he enters the race. the whole reason bernie sanders is doing that is because he wants to payments him as a racist. we have seen bernie sanders and his surrogates and allies are saying joe biden's positions on race and his involvement in the crime bill and anita hill. we are also seeing bernie sanders' people go after beto o'rourke. if you look at the polling bernie sanders and joe biden are
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in the lead among democrats. joe biden has the older democratic voters locked down. and bernie sanders has the younger voters. but when you put beto into the mix he takes away from bernie sanders. they are saying beto is sor too close to trump. he has run so far away from trump i don't know how bernie sanders and his allies can get away with that. want more from your entertainment experience?
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liz: secretary of state mike pompeo slamming cuba and russia, blaming them for the crisis in venezuela. venezuela declaring state of alarm over the deadly five-day blackouts to get critical food and aid in. general robert scales. a state of alarm. they are declaring a state of alarm. >> i am concerned. remember a few weeks ago we had this muted sense of optimism about where all this was going? i think the blackout heightened the problem here. increasingly it's the power of the people on one hand and the
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of maduro' maduro's military one other hand. the most of dangerous time for a country internally is when they reach the balance in a struggle for player and one of the players is the military. i'm afraid the military in venezuela is beginning to have some grip on that country. liz: they have no food. they are starving inside the country. a blackout wise out the existing rare food supply. your take on maduro blaming the u.s. in a cyber attack. he claims the u.s. did a cyber attack. guaido says that's not possible. our power system is old. it's analog. it's not connected to the internet. >> maduro is such a blowhard.
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his credibility is so low with the people. blaming the united states and imperialist countries for his troubles is old news. the problem comes down to power. and sadly the power in venezuela is still in the hand of the military and we don't have enough confidence at this stage that the military is ready to turn on maduro. when you see cracks in the military structure you will know this is over. but until that happens, the danger of a civil war in venezuela escalates every day. liz: juan guaido will be interviewed at 8:00 p.m. eastern time on "trish regan primetime." we'll be right back. how do you determine the durable value of a business in the transportation industry without knowing firsthand the unique challenges in that sector. coming out here, seeing the infrastructure firsthand,
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to be nobody but yourself in a world which is doing it's best to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth. ♪ ♪ >> absolutely not, that is silly to even think.
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liz: congresswoman omar saying that president obama is human, president trump is not, last week this congresswoman said that president obama is quote a pretty face who got away with murder. bringing in senior writer, heritage foundation, kelsey bolar. latest react? >> this is soo another example f congresswoman omar, does not understand the ramifications for her rhetoric. she claimed that the media is attacking me. she releases the actual sound bite of what she told the reporters, and the reporters reported what she said she did. call this, ilhan omar has been trying to play victim, she is a
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sitting member of congress, who should be responsible for her own rhetoric. >> she was perfectly poised to be a bridge builder between muslims and jews and. rather than come to washington into be is a bridge builder, she has come to washington to be a bridge destroyer. liz: he said her district in minnesota has the largest jewish community in upper midwest. >> it is not of day that i agree with the "new york times" but i absolutely do in this case. he is making a very important point, her anti-semitic remarks made a conversation, unites muslim-americans and jewish-americans more difficult. this is especially sad given the
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make up of her own district. she should be serving as a bridge builder, she is more of a divider. liz: and your reaction to this, democrat senator, was asked if she believes that omar's comments were anti-semitic. >> i don't think she intended them to be anti-semitic, but we're in an environment now just every everything we say can be viewed in a certain way. we have a lot of hate speech against immigrants, against muslims, all kinds of people. liz: sounds like she was dodging the question. >> it is astonishing to see democrats make omar out to be the victim, she is not the victim, she needs to be responsible for her own rhetoric, and the democrat party need to denounce and. instead they are going out of their way to defend her.
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liz: you know to your point about congresswoman omar. attacking media after he was criticized for calling president obama a pretty face that got away with murder. i think she tweeted and deleted her tweet claims that the reporters were distorting her words. >> you are right, she deleted it after releasing it. this is an example of her trying to walk back what she says, perhaps she does not fully comprehend the waste her rhetoric as a sitting member of congress with either criticism of president obama or her anti-semitic remarks. liz: this is quite a story, we'll have you back on, i am sorry we ran out of time, kelso bolar. >> thank you. liz: thank you for watching, lou
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dobbs is next right here on fox business network. lou: good evening, radical dimms obstructing rinorepublicans, so president trump did the unexpected. he raised the ante again the dimms and rinos. president trump not only demanding his border wall be built but also adding almost 500 miles to his last request of congress, now asking for more than 8 billion dollars in his 2020 budget proposal. white house press secretary sarah sanders blaming congress
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