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tv   Bulls Bears  FOX Business  April 17, 2019 5:00pm-6:00pm EDT

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it outside, they would not let me take it out sued. outside. melissa: i have a feeling you want take a rain check for that. connell: thank you jeff, and thank you everyone, we appreciate it. melissa: "bulls and bears" starts right now. >> no evidence at all of any collusion. when democrats say not enough to show a criminal case, no nothing. >> we have to find out what happens so it does not happy again. it is not up to the attorney general who said, basically that the president is above the law. and the rest, he is there to redact whatever he wants. david: tensions are rising in beltway with less than 24 hours until release of mueller report. this is "bulls and bears," i am david asman, joining me today, suzanne lee, steve forbes, jack howell and john layfield, and very special guests coming up.
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>> democrats and republicans preparing for a fight when the mueller comes out tomorrow morning, a fight that is likely to drag on. a bank rate survey shows that half of americans believe that political environment is now the biggest threat to the economy, bigger than terrorism or anything over seaers o, or the u agree. >> the key thing is what congress does, if they keep fighting each other that great theater, but that does not effect the economy, what affects the economy is if washington does something stupid. >> i don't think we should waste our time any more. because the house committees this week subpoenaing deutsche
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bank, if your oversight is bank and financial health of the country, why are you wasting time to get sep soupina when have already cooperated with you. >> these poll results make no sense, you ask people what is biggest risk to the economy, they say politics, they say, they hate politics, but look at what we had last 10 years, i guarantee there was something for toy hate, continue is expanding, stock market is rising, few are concerned about interest rates, they are almost only thing that matters tip, they will stay low, stocking stg look good. >> i agree, and i agree steve said scandals with no impact on market. 1795 thomas jefferson accused
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george washington of treason multiple times. it was a trade deal with britain. what matters, is if the government interferes in the market. if government does something stupid, they are very capable of doing as far as accelerating this trade war or closing border or something that would adversely effect the economy we in trouble, if note, the economy is fine. david: during clinton impeachment. the market did terrific. he lowered capital tax rate tremendously that help to boost the economy. the great thing about this country, steve you talk about this. politics does not have to play a big role in the economy. when it does is when there is truckle. >> yes, that is right, one thing that administration has done,
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for some it gets no headline credit is deregulation. the epa is no longer cullin cull calling mud puddles the mississippi river and things like that. >> we're spending a trillion more a year than we're taking in. right now we're doing at top of an expansion, a that is a credit card advanceo growth, some day it will come down. >> it is size of the spending, per say, that how you finance it is another issue, but fact that government is still absorbing those resources, it is not just size of government but power is has in regulatory agents that we saw in last administration, typical manufacturer pays 2 to 3
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thousand in taxes for employee, regulatory expert say it is 10 to 40,000 per employee. >> younger generation, you are always concerned what you pay for, and how it is calculated further down when it is up to you to foot the bill. there will is a heavy burden. >> that student debt came about because of government in name of helping students with loans and grants. >> why do i pay 40,000 for tuition, what does education have to be privatized add these huge levels. >> they put the subsidies in and they know they can raise the price and government will foot the bill. look at perdue university, he has not increased true i tuitior
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almost 7 years. david: they have big enough announcementa endow am to pay ey student tuition for history. tuition has gone up higher than inflation. it is because. the government intervention. >> not just hig just -- they ind cost of tuition. all done with good intentions but the results were hideous. >> that is fake capitalism at work. we have one answer we artificially puff up buying power of the consumer.
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david: here a lot of these candidates could they talk about all of the crisis of capitalism, that what is popular to talk about how capitalism has crisis, socialism is okay, but. you look at every one of these crisis whether housing, student debt, the prescription drug prices, they all are presided by somewhatsive government regulation. -- presided by some massive government ri regulation. >> look at how they try to fix the past crisis, the very guys that were in charge, dodd and frank, they are put in charge of something they never saw coming. right now this administration has been good to this economy as far as tax cuts, but also, black cloud on the horizon are due to this administration, perhaps this gets work out with china or
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europe, that is a serious issue in the economy, we can't afford for the trade war to be ratcheted up. david: ken starr fears in mueller report will not be fair and balanced. he will join us to explain that. and more on what we can expect from the report. >> but first 2020 hopeful beto o'rourke coming under fire after a student questioned the lack of money he is giving to charity, we have the tape and wait until you hear beto's excuse, that is next. ♪ limu emu & doug what do all these people have in common, limu? [ paper rustling ] exactly, nothing. they're completely different people,
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you. david: beto o'rourke confronted by a student at a town hall in virginia forced to defend his chair it ablcharitable donationf 1% of their income. when you look at where he stacks up agaiagency others he is lastd it matter. >> i don't think so. i think people have an obligation to give, no doubt a moral obligation to give to those less fortunate, but hypocrisy is astounding, the same people that were defending president over 23/32ial misconduct -- sexual misconduct allegations say this is a matter
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of policies not principle, they are same ones that go after beto o'rourke. >> i feeling pretty good about myself. i'm not sure we should make this the bar for someone to run. if we do, we have set the barlo. a candidate in 2016, he put money in a charitable. he used the money to buy paintings of himself. >> i think terms of charitable gives is good to see. thwhat do they do to help the dn broaden, the other -- trodden, but not the fact he gave so
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little but how he handled that question, he knew it was coming, he was unprepared he may not be ready for prime i'm. >> you know bernie sanders, his charitable givings 3.4%. most was business income. if you feel you need to give, just write the government's check or do anything like that, he said no. the answer is always the same. >> with easter coming up, they are a long ways from tything. david: that is 10% of your income. far be it from anyone to give advice, let he without sin cast the first stone all that. but at same time, 3%, or less than 1%, that does amount to self centeredness, you don't
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expect from someone who claims to give their life to public service. >> according to beto that is charitable giving. i would like to do that spending time away from my family, but i not sure that irs would allow me a deduct for that. >> he claims his rallies, his rallies are a form of chai chare givings, because he spending time away from his family. >> students should claim a deduction listening to his rhetoric. >> that is how i feel listening to jack sometimes. charity. >> okay. >> he started it. david: it come downs to idea whether you think that individuals are best way to give out charity or the government, they are talking about
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government is best entity to give to charity to others. >> i would have two issues with beto's response, he was horribly unprepared. he had to know this question was coming. mind set that government can do these things, better than charity can do, that are privately funded, i have run charities and help run them the world, the government cannot do anything right, the best way that charities are run, is when you stay away from government, i encourage the charities to never take money from government so you are never beholden. david: full report to be released tomorrow, ken starr will join us next with what we can expect to learn from the
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david: breaking news in last hour we're told attorney general bill barr giving a 9:30 a.m. eastern press conference tomorrow. and president now saying he may be taking questions after that. joining us, to discuss fox news contributor former independent counsel ken starr, thank you. what would you ask the attorney general about the report? >> why have you redacted? that is the big question. i think that bill barr is a very able and thoughtful lawyer, experienced, served as attorney general of united states under
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president bush 41. he will say in his lawyer like fashion, i am the attorney general of the united states, i must follow the law. and here is the law. and law requires him to redact grand jury information, national security information and does not want to interfere with on going investigations. i think that fourth category will be intriguing one. to protect the privacy of individuals who are on the periphery. there will be a lot of questions about the 4th category, and i expect bill barr to acquit himself very abley, he is smart. i reported to him when i was
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serving in justice department, bill -- attorney general barr became attorney general under bush 41. the attacks on bill barr are just off base. they are unfair. >> that right, mr. starr, barr dozedoes -- enjoy bipartisan respect. what about the spying allegations, will we hear anything more. >> i am sure there will be questions, you will know better than i do what journalists may want to know. i applaud, i surely people will want to know how all that came to be. why did we have a specia special counsel investin investigation.
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we had reports, but we just had reports, let's get to the bottom of this. if i am carter page, i am getting spied on. right. you are not. there is court authorized surveillance you don't know about. it is a little bit and i understand words do count. some words are harpe harder soug than others, but reality, that we are spying on carter pain and others connected with trump campaign. here is a be one of the strongest indictments that i have seen. let's find out. why was want the trump campaign notified? what is what bill barr testified to, why didn't you notify the campaign? why not notify rudy guliani and
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chris christie. >> this steve forbes, one thing that you know this report is a humiliation for mueller in sense he didn't find anything, his dimeindictments had nothing to o with russia they were peripheral to that. but obstruction of justice, lily i think that barr is right, but how is he going to handle that with democrat say oh, the president opened his mouth that is a obstruction of justice. >> that will be a nice soft pitch down middle of the play for bai bill barr, he has throut it through. welcome to washington, you get criticized. his memorandum in march, a year ago, to the jeff sessions, he analyzed thoughtfully and carefully the obstruction you of justice statute, then in our
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constitutional order where the president stands. i do think that i agree with barr memorandum, what you see tomorrow, i think when there are questions, is a percent -- persuasive to fair minded people people. >> are we still talking about mueller report, sounds like we're talking about an investigation into the democratic party. the mulure repor mueller reportt tomorrow there is no question in my mind it will show unethical but not illegal -- by the president. he might win another election. i don't know how we get to into this investigation of democrats in mueller report. >> well, easily, there are people who said how did this
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come to be, imone of those who said it. was power misused? did the fbi -- i mean fbi lead ebb ship, i say time and again, i admire men and women of fbi, there are thousands of terrific honest people, but something extraordinary happened in american history, a presidential campaign was investigated without, repeating myself, without informing chris christie and rudy guliani that is ways than odd. >> do you think we'll get the jusjustification of deputy attoy general to do this investigation, usually had has to be a specific crime what was just case led rod rosenstein to use this. >> that is fair, we don't have answers, but we have, rod rosenstein, i hold in high
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regard, referring to back to jim comey's march 2017 testimony before house intelligence committee, you go back to that. you have to unpeal the anion, you see there were statements by comey about crimes that may, may have been committed. in connection with the russian -- we'll call it russian connection. david: a quick question, you are worried that more than just mr. mueller. he had a big staff, we know that a number of those people on his staff were anti-trump. one of peter strzok before they found his memos, are you concerned that of tha staff may have some of their bias show in what is released. >> i am. i am not jumping to conclusions, let's wait and see, but i will say, history does have lessons for us. when i came under very serious
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criticism, many years ago, i retained sam dash legendary watergate fame, he approves sam dash approved every word in the starr report. now, i hope that bob mueller when he testifies will say, i want american people to know, i am fully aware of the political leanings of my staff, here is a check and a balance i put in place. i think there will be every legitimate interest in saying to bob mueller, you are a great man, a patriot, a marine esemper fi, did you against the possibility of at least appearance of bias. >> i'm sorry. judge starr honored to have you on, ask you about bob mueller,
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expectations of this report have been extreme of both sides, that it would take down president to other extreme that a wis witch-, it will land somewhere in middle, where do you think legacy of robert mueller lands after this report. >> i think it will be mixed because he punted on the obstruction of justice issue, about so much has been said, i'm not impressed by the charges of obstruction based on what i know, we'll see what the report reveals. but i think that american people should step back and say, why did we have to wait for two years to find that there was not proof or whatever you want to call it of collusion. and my mantra has been. why did we go down this road, that is not ro robert mueller's fall baby even not rod rosenstein's fault.
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if is the way we handle these questions going to presidential integrity, that is what congress is for and special commissions like 9/11 commission is for. >> judge ken starr we really appreciate youric te exper thes. >> my pleasure. david: border crisis turning to state of emergency for one town in arizona, we're on the ground in yuma, next. >> i have signed emergency proclamation there is a imminent threat on too many migrant releases into our community. it is with heavy heart i declair we're at this point, but something that i believe we need to do.
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david: a state of emergency declared in yuma, arizona. with influx of migrants streaming across border. reporter: migrants from central america willet e settle around united states some in sudden suspecsanctuarycity, but immedis on border communities like this, yuma, salvation passenge army 3o converted there store to a shelter, it opened with 60 migrants, last night 215 with more on the way. they hope to qualify for more federal and state aid to reimburse the charities or ngo's, 3 buss from guatemal guatemala-mexico border arrived i'd of yuma, dropping off 399
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migrant, including 233 people, they crossed at an unfenced area on border. all immigrants would arrive within 24 hours, they get shelter, medically screened and see a judge. and chairmaning asylum law -- change the asylum laws so they are not released until they see a law. and go to port of entry, children can be sent back to their home country if one parent is still living there and hope a shelter on the guatemala-mexico border. every keimt community is handlie surge on its own. in san diego they are suing federal government. here in yuma, state of emergency, in texas they are thinking of opening a sheller in
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dallas. >> common thread between these communities, they cannot handle the burden their own. fox news in yuma. david: former governor of new mexico, susana martinez. thank you for coming in, do you think that mayor of yeum is dide right thing. >> absolutely, he did. communities and cities along the border are taking the individual that are coming across illegally, that is where the bankrupt wa -- brunt was problem is, they are over saturated. and sanctuary citie city say the sanctuary cities but not in my backyard. >> we have had since president reagan say they would fix the border, what do you think
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long-term. i think bottoming bottomed -- a structure, and troop, what fixes this long-term? >> the congress and senate all those members on vacation, should back at the capital, and solving this problem. meeting with president, now. as he is asked to meet. with real solutions, we cannot have them on vacation. because if they are on vocasion right now -- vacation right now, i hope they are thinking of 4 little girls being molested and threatened not to tell anyone because their love ones would be deported. evenly one of them had courage, because now, they are traveling, having find dining, they need to think about those little girls in humanitarian crises that is occurring right now on the border. >> governor steve forbes.
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have been a lot of good proposals to deal with it, including centers around border, is that done. and there have been investigation in who is sponsoring the migrations, putting them together, in these governments in cahoots with it. shine spotlight on origins of the crisis? >> you know systems are overwhelmed, there is no way they could properly vet anyone who comes forward and says i will sponsor this family or child, if partisa parent remains incarcerated. i think what is important about sanctuary city, does not just include welcoming illegal immigrants, as a prosecutor it includes is that person, that illegal immigrant commit a crime? they go to jail because a judge ordered them to jail if they
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post bond they don't communicate with i.c.e. or border patrol, then they are out again. having posted bond, and they are never returning to court. being held. that on top of crossing illegally to u.s., sanctuary city has many consequences across bored, not just those who come here illegally. not all are. all congress is thinkin about is not giving the president's win, he is doe his bes doing his bes. >> he is doing his best, but illegal immigration is nothing new here. we have failed for many years to come up with a coherent policy, but there is a real change in tone in urgency. state of emergency, people talk about you know hordes of people crosses. is that an operational failure that has begun.
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what happened to change the scene? in past year? >> a congressional failure, the word is passed, i know that in central america, in guatemala, in hondurus, and el salvador, they are passing out flyers, on what allegations you need to make when you arrive at u.s. border, mexico is doing more than congress of the united states, to secure the borders. and humanitarian crisis, for love of all this is good for america, how can they stand by, be on vacation and not dealing with these issues, people that holding back and not saying anything, being victims of crime, now we do have centers but we don't have people who are trained in health, to handle these, the kids have to be educated, they are going to sponsor family. >> what about the domestic issues in the country you mentioned, cutting off aid as
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president said he would? >> i think that there is a multitude of ways of address thing this. and president has right and authority to do some of these. but it is falls scare on shoulders of congress, i don't know how they cannot see what is happening, as long as not in their backyard, i guess they don't care, and american people need to call their congressmen and senators, and tell them, we want action, it should have taken place a week ago a month ago a year ago. david: governor -- >> instead all politics. david: attorney general taking action, made a decision to keep asylum seekers detained until their case are decided. there are 161 thousand applications last year. that is about equal to the federal prisoners we have. how can these centers are already over flowing, the people there can't handle applicants, how do you manage that?
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>> if you don't have legit plate asylum claim, immediate deportation. if you have a legitimate claim, they deal with all of other illegal immigrants that don't. and so if they could focus on legitimate claims it may not take as long. we're a magnet, united states is a magnet, why? because congress is failing to act, they see huge opportunity to keep coming bring a child with you could one or three, whether they are yours are not, how we confirm that is difficult. david: former governor susana martinez thank you so much best of luck to you. >> thank you. david: a big dat data on wall st tomorrow. can pinterest and zoom avoid
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david: one was most highly anticipated ipos of year hitting nyse tomorrow, a bigtivit
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test for new wave of tech company, pinterest look to start trading $19 a share. this shares of most recent big ipo lyft dropped 25% in 3 weeks since going public. can pinterest and zoom avoid a similar fate. >> lyft is burger king to uber's mcdonald's. by that standard, i call ipo a success. not a failure. i think that conditions are perfect for a flight to loon -- lunacy, there is no growth, interest rates are low, low rate, grow star people' story stocks. >> you could have said that about amazon in 1990s that took 6 years to make a profit.
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>> which is amazon? >> i would say not part of that bunch, maybe uber with a bigger fly wheel. between these 2, i am kind of disappointed that pinterest raised their range, they were very conservative. this is because there is a big expenditure to stay relevant. let's see 19 dollars, zoom has more hype because they are make a profit. that rare in unicorn space. >> key thing do you believe in model long-term, remember when facebook went public, have a few shares. it within up and crashed down to teen, but look at what it is today, i'm happy.
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even though i have issues with the company. >> jack, i'm with you, we're looking for talles tal leprecha. you look at world, and emerging markets are terrible, europe is falling apart, only place that money going to places is nyse and steks stec stock exchange id states lyft was very lucky to go first. >> john your problem is everyone looks like a leprechaun from your perspective. one of the biggest guys i know. >> are republicans no longer party that stands against new taxes? a letlot of people now considerg support for a tax cut, republicans, more on that to come. i'm here to steal your car because, well, that's my job. what? what??
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david: raising faxes i taxes isy democrat reflect, but more republicans are leaning toward raising gas tax, for crumbling roads and bridges, the gas tax was last raised years ago, is it time for a federal tax hike. >> no way, they always find excuses to pick your pocket, take the highway trust fund that money to build and maintain federal highway system. got diverted to all sorts of
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things, in new jersey a scandal there in sense that if gas tax revenue goes below what the bill say its should be, it automatically goes up. so, it is gas to raise the gas tax enough. >> yes, you are spot on about politicians stealing money, 1991 and 93 congress raided gas tax it was fun. goes to thin other than roads and bridges. i would be for a gas tax if it went to roads and bridges. >> is it right time to raise gas tax? when oil prices are 6 month highs? it is pretty much, already hurts will morning do you rail top risk economic -- really am to risk economic growth. >> we need infrastructure,
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congress is not getting it done. republican love to cut taxes but they don't cut spending with it. >> elaine chao said they want infrastructure but they don't want to pay for it. >> more infrastructure road infrastructure is goin go for t. with automatic money coming in to mountai mown -- maintain it t thing david, privacy sector does not have a infrastructure problem, america's railroads do not have a infrastructure problem, fedex does not have a shortage of trucks to deliver. david: you raid railroads, minus amtrak. >> freight system is fine. >> amtrak that the government system in trouble. but what about republicans, you are those who wanted to cut taxes but the republicans are largely behind raising gas tax
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is that smart. >> no they should fix the roads and find money elsewhere to pay for it, they never back an existing program. >> i am going to see you start hugging trees. >> we may have to hug trees the way that roads are now. >> right. bottom line, that soon -- there is an elect coming up. republicans have a huge capacity to shoot themselves in foot, right before an elect election. a key election. >> you know, good thing that consume seconsumer is sprong. there is a bright spot. >> there is a reason why they call the republicans the stupid party, as lennon said, useful idiots. >> i never call them that. david: all right. thank you, everyone, that was a
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terrific hour, we appreciate it. that is it for player "bulls and bears," we'll see you tomorrow, same time, same place. elizabeth: two year wait for mueller report ends tomorrow attorney general barr will hold a press conference 9:30 eastern time, and president trump said he may hold one too. >> justice department will give report to a small number of congressional members without certain redactions, mike in case of rodger stone. but democrat fight just beginning, new threats to subpoena full unredacted report, tonight, we'll show you what is at stake, what democrats are looking for in their push to try to impeach president trump. we take on talking points, we'll show you big weak spots for democrats, this as it is

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