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tv   Cavuto Coast to Coast  FOX Business  April 19, 2019 12:00pm-2:00pm EDT

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do? liz: trying to find easter eggs i hid last year. i think i hid them at ashley's house. stuart: if you find them you give them to me on monday morning. lizzie, you're all right. liz: happy easter. neil, it's yours. neil: stuart, thank you very, very much. markets are closed as stuart has been telling you here but the mueller report is out and now in washington very much open for business doing what is next. we're already hearing jerry nadler who runs the house judiciary committee he wants to subpoena those documents including those with the redactions so he has everything. he says, in the clear day of light we should have all that stuff. that differ as little bit from his views in the past. i want to juxtapose those two points of jerry nadler. look at this. all right. take my word, we had that i will show it in a bit here. meantime we have former justice department official under bush 43 jay christian adams. who says this is going back and
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forth, likely never ending. one of the things we'll get into, christian, this notion suddenly getting all the documents, including those redacted, less than 10% of this, i guess it matters. with jerry nadler back during the clinton impeachment investigation it didn't matter it was crucial not everything get out at all. that was then. i understand politics this is it now. what do you make of this back and forth? >> i'm to the surprised by representative nadler because his district contains some of the areas with the greatest degree of the trump derangement syndrome epidemic in the entire country. his constituents will not be happy until president trump is no longer president. he is doing what his constituents want. consistency has never been his strong suit. so i'm not surprised by this. neil: the report is out. i had a chance to read it myself. i wonder what you make of it? i tend to think foes to don't
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flip over the president there is something in it for them. for those who do there is something in it for them. not all one way or the other. i'm curious how someone like yourself sees this in somer is is -- in some perspective. what about this president where it goes now? >> couple of things, it exonerates. that is the most important thing i suppose from the president's perspective. it does i admit, neil, has an element of chaos that makes for good soap opera reading. that is one of the things that will keep it alive but i think that's a problem, people who follow markets, people who care about stability don't fully appreciate how destablizing this fight is to the political discourse. i don't think they understand, for example, neil, if i were to go to you, i was on your show in 2001, and i were to say that the national security apparatus initiate ad spying campaign on
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the gore campaign using phony documents cooked up by the gore operatives and then they had wiretaps and monitoring of top for officials, i if i had gone on your show in 2001 you would have thought that was loony tunes, but that is exactly what happened. i think that is very destablizing for the political process in a way i'm not sure markets fully understand. neil: you're the legal expert here. i'm more harkening back to the emotion i god reading it. i thought it was snide report. i don't mean to criticize mueller. there was a lot of snide references. i don't know what value relating to the story president was apoplectic that the prosecutor was looking into the special counsel, was looking into this, as if history suggests any president acted any differently? richard nixon was not happy with archibald cox, was not happy
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with lee on jaworski. ulysses grant fired the guy looking into him. history says presidents don't like being scrutinized, scandals they don't see as scandals investigated ad nauseum. bill clinton famous for that with two separate investigations going on his watch. i thought that was a cheap shot. the inference was there was obstruction of justice or the potential to obstruct justice in the investigation but a lot of that. i'm wondering what you make of it? >> right, when you read it it is interesting, i read a lot of justice department reports. usually from the inspector general and there's a pattern that emerges in these reports and it's two different reports. when you read the mueller report, there is the first part and the second part. and the second part to me reads like it is idealogues on the mueller team, people talked about ad nauseum for two years, line attorneys with democrat partisan background who are
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writing the second part of the report. they're tossing anecdotes that will inflame people like jerrold nadler, his constituents, and make trump look bad. remember the attorney general can exercise only so much control over writing of these reports. even rosenstein can only exercise so many control to filter out the nonsense. they have only some card to play to make this thing professional. looks like they were overwhelmed by a career staff on the mueller team tossing this all in to wine people up. neil: sometimes, when you don't reach a conclusion, for example, on obstruction of justice thing, you want it both ways. the famous comment, the president's comment, presents difficult issues that prevent us from conclusively determining no criminal conduct occur, then why didn't you go ahead pursue that rather than leave this, have it
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both ways approach where you leave people wondering, yeah we think he obstructed justice, we didn't have enough to hang on him fully but you congress, jump with it? i think that forever cast as cloud over the president, maybe justify bly so, if you really believed that was going on be more definitive? >> remember in america we don't issue government reports about people's possible criminal misconduct. what we as a system that requires an indictment. the requires a secret grand jury process. that requires a public trial beyond a reasonable doubt. this sort of business where you're doing a report insinuating that someone is a criminal but not charging them is not the stuff of american justice. it's the stuff of regimes throughout history, other parts of the world but that is not what we do in america. we have a system here that relies on the rule of law. that is it really the low point of the mueller report, is this sort of sleazy insinuation about the president.
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neil: there is a lot of insinuating going on. i'm not a lawyer, you are, a darn good one, help me with this, i thought maybe give the report benefit of the doubt here. it would certainly seem to me that a president was doing his darnedest to ultimately fire mueller at one point for whatever reason. obviously never happened. or to get jeff sessions on his case and do something. isn't that obstructing justice or obstructing a rightful investigation that is already ensuing and could that, should that be something congress pursues? or is there a higher standard for obstruction of justice, higher kind of performance that warrants a high crime and a misdemeanor? >> lying under oath, things like that are easy questions. that was not what was accused. this was anger at the investigation, the that trump exhibited. remember the constitution answers this. we have a constitution in in country that makes the president in charge of the entire executive branch.
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and he had the constitutional power to fire mueller. the fact he had that power -- neil: so did richard nixon during the "saturday night massacre" in 1973. he had the constitutional power to do what he did but ever stained him ultimately led to resignations. i'm asking though he might have the power and the constitutional power to do so, is that raising questions to you that if not for some aides that stopped him he would have been in even deeper trouble? >> it was a political question. whether or not the president exercised that power ultimately is political. it is not constitutional. it is not obstruction of justice. obviously he has political consequences. on the flipside i think a lot of people liked the idea that the president was fighting over this. that it sounded sort of outlandish and crazy but you know what? he was punching back. he wasn't tolerating in some
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people's minds this phony investigation. so it cut both ways. his base is perfectly happy with the sagas and stories of discord inside of the administration, probably wondering why he wasn't listened to. but the fact that is a political question, that is not a legal question. neil: so the legal definition of obstruction of justice, i flip around, watch a lot of coverage. on some of the other networks it almost like a funeral, depending on the show you got the opposite thing here. the only thing i'm saying though is, the kind of actions he took to stall, stop, or just say the hell with it, with this investigation, none of those reached the standard, your standard, the way you legally see obstruction of justice? because obviously the mueller folks were complaining about that behavior didn't take it to the level of it being formally obstruction? >> right. if he had instructed people to
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commit felonies to cover up the investigation, go give false testimony under oath to somebody, that might be a little different. that didn't happen here. if he had in fact lied under oath, that didn't happen here. remember though that is what they wanted to try to do, they wanted an inperson interview his attorneys rightfully re fused that. neil: sorry to take so long, my producer are going to kill me, you're so good. if your sense, one word against another? the president saying i didn't say that, telling anyone to lie. someone else when you go through this and all the conversations that were had really like an addendum in this report he most certainly told us to lie it is a he said, he said kind of thing, right? >> most of those are out of context after under oath proceeding. there is a difference here. if we indict people or charge obstruction of justice for
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president who instruct their underlings, especially the last president for heavy general's sake we would have prisons full of lots of political figures from d.c. that is not how it works. neil: well-said. christian, you're the best. i appreciate your legal expertise on all of this. again, something we were saying even yesterday when this was coming out, folks, it is really a matter of seeing it through your perspective. i know how uncanny if you dislike the president for whatever reason you will only see bad in the report. that is human nature, i understand that if you really like this president you will see only the good in that report. that too human nature. i get that. one of the things we try to strive here, not that we're perfect all the time to see the good and the bad. i can see having readed report, a lot of good things of president, exonerated him obstruction of justice, with a wink and a nod, mueller's folks gave him a pass here, whether it reached
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reached a high crime or misdemeanor, jump ball for the house, that is anyone's way to play it. again we're trying to look at the report in its totality. you hear one group of lawyers give being impression what seems to be impeachable offense, another group say no, no, doesn't reach level. just in following stock market, there are bulls and bears, someone can look at market cap here, someone can look at the same news, say it is a sign it will continue. we try to present boeing side of that. it doesn't fit sort of an easy definition here. i think safe to say for a lot of people following me, following the president, we're not on the best of terms here but i'm trying to look at it in a very balanced approach here, no matter what you think there are different legal impressions of this. you got essentially of that reading "wall street journal's" take on this today, versus "the new york times" take on this, versus "usa today," some were in in the middle on this se will have different impression.
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regardless comes down to politics. jerry nadler, who runs the house judiciary committee sent out subpoenas for the full report, including redacted parts of the report, the blacked out parts. that is 10% of the report. but i i i want to juxtapose firt with his comments on this, what he was saying more than 20 years ago about a similar report coming out on one bill clinton. take a look. >> i see considerable evidence of obstruction of justice which is what mueller said. he lays it out for congress. he practically invites congress to pursue that. barr took it upon himself to announce he decided to clear the president. that is not up to him. we need the whole report. we need the whole report, including the underlying documents unredacted. as a matter of decency, protecting people's privacy rights, people totally innocence, third parties which must not be released at all. it is grand jury material.
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it represents statements which may or may not be true by various witnesses, salacious material, all kinds of material that it would be unfair to release. neil: all right. first thing occurred to me how cut jerry nadler is now. he looks good. but i digress. so different standards then versus now. washington commentary writer. what do you think went on then, very different what is going on now, a report, redacted or otherwise is still a report redacted or out wise, you're for getting it all out or not. what do you think? >> neil, the principle rule covering politics, most people in it are hypocrites. with respect to jerry nadler, tough look at the fact that he is leading an investigation among the house democrats to try to impune president trump for pretty much any wrongdoing. with respect to the mueller report, you know there is a lot of things that, say like oprah
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giving away free stuff to their audience there is something for everyone. house democrats and democrats as a whole at the a crossroads trying to impeach president trump and house speaker nancy pelosi, and majority leader steny hoyer saying let's hold off and get to kitchen issues. neil: adam schiff pursuing same sort of thing. without make a difference to get the 10% report they don't have now privately and already the attorney general promised them they will. then what? >> democrats should fight for full transparency of government. anyone can agree transparency of the government is a good thing. what democrats are trying to do basically get as much as they can to juice and milk this report from mueller for any political gain they can to go against president trump and to use it probably for the 2020 presidential election. but again, most people outside
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of washington, d.c., and the political class don't really care about the mueller report. that doesn't really get them to the polls to vote. so it could be as fruitless as some of the democrats against impeaching president trump are saying. neil: all right. but that depends where the american people believe there is something there there. i mean in the case of richard nixon and leon jaworski report came out and bill clinton a lot there there. he lied under oath and whether that was high crime and misdemeanor he lied under oath, that is where they tried to trip him up. do you see anything there, the house, would start, wiggle room to pursue other matters? >> on the question of obstructing justice president trump in the report has made many attempts, exhibit a, with ordering don mcgahn, his white house counsel to call the doj to fire special counsel robert mueller in june of 2017. that is one example. neil: would that been obstruction of justice had he
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succeeded? >> that is the thing -- neil: it never happened. might have wanted it to happen. mcgahn didn't make it happen. would that have been the level which you would say this is obstruction of justice? >> well the complexities with the criminal indictment for say obstruction of justice, how do you then give the president of the united states a fair trial in which an impartial jury can basically come to a conclusion whether the president trump is guilty of obstructing justice versus not guilty? that is nearly impossible. basically mueller had two options. a, clear the president of any wrongdoing, or b, not to come to a conclusion which is what he did. he went with the latter. neil: exactly right. >> that is kind of the crux of the issue here. neil: well-said. thank you very much. "washington examiner" commentary writer on all the developments. it is in the eye of the beholder. could you have very strong views. like the president, dislike the president, enough to support your emotions and argument. obviously the mueller folks
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digested all of this, released the report they had, put it in the house's hands. more important to say to congress, you deal with it and they are. more after this.
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neil: isn't this curious? the dow has been up 110 points all day. not budging. i know, it is good friday, the markets are closed. i always like to get some of you, yeah, what is going on, neil? i will tell you this, even with the markets closed they put in impressive performance yesterday. some would argue maybe relief over the mueller report out one way or the other. that uncertainty is out of the way even though we don't know where this is going here. we had pretty successful initial public offerings, at least early on in the earnings season better-than-expected earnings announcements from first quarter, some people's liking, we don't contract, don't see earnings reversing in the first quarter and continuing to grow in pace of recent quarters but still doing okay.
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commerce street capital ceo joins us. former dallas fed advisor danielle dimartino booth. danielle, this market relief over at least the mueller report out, they can hash it out all they want, but at least that uncertainty is out of the way. what do you think? >> yeah. obviously markets, the political punditry can go on and on about this obviously until november of 2020. markets quickly moved on. there is no more objective judge and jury than the markets. as you mentioned earnings season is getting off to a less bad start. markets are loving that. we're expecting to see earnings in the first quarter down 2%. it was originally expected 4%. it was half as bad as it was, we're still expecting a first negative print in three years. again, markets look ahead, not behind. i think what markets told us, they're putting the mueller
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report behind them. neil: they might not be down when all said and done. but your perspective what do you tell investors, like outside report comes out everyone seems to be waiting for gadot with the china,-u.s. trade talks, how do you advice investors who follow these niece -- news events tick by tick, minute by minute? >> some of the news is real, some of it isn't. as danielle pointed out the markets figure the out a year ago there is no there there on the russian collusion thing. there was nothing but downside risk in that report. unless there was some smoking gun we didn't know about it will be a non-market event. we all expected them to play the obstruction of justice card but how could you have that if there is no underlying crime. but with china is a real event right? china, earnings, brexit, things really affect them rather than this mueller report which is
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just political football. neil: political football or not, danielle, i do remember during the clinton impeachment scandal, dragged on for a while in the house, versus the senate, where he dodged a bullet so to speak. i think in retrospect he dodged that bullet, economic environment, market environment was strong. wall street, by and large is republican dominated institution, not across the board. there was relief at that, because they like the good times. similarly could help this president. i don't think it is getting to the level of getting serious, talks going on about impeachment, but the good backdrop. economy, markets has helped him. what do you think? >> last weekend goldman sachs put out a report that said there is a lot to be said for the strength of the economy and how much it is going to benefit trump going into 2020. so, you know, again, this is the best backdrop for him and it is
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also why he continues to put pressure on the federal reserve to cut interest rates even though we are obviously in a era of prosperity at least as far as the markets are concerned. he is looking ahead because he knows that markets look ahead. he wants for the good times to last, not just through the end of this year, but well into campaign season as well. neil: do you think, dory, that for investors looking how strong this first quarter, then now into the new quarter has gone obviously can't keep growing a 15% clip every three months. what are you envisioning for the year? >> i actually think end of the year, or rest of the year we'll finish out stronger. we all forgot we had a 20% hiccup at the end of the year last year. neil: you're right. >> that and post shutdown slowed down a lot of things. slowed down capital raising. slowed down ipos. slowed down corporate spending. slowed down m&a. the numbers coming out as good
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as they are is really positive sign, less of a loss as we might say. i'm actually fairly bullish for the rest of the year. i think things will work out pretty good for the rest of the year. i'm already very, very impressed with how much progress trump and the administration has made with china. all they're looking for now is an accountability mechanism. they have agreed to on so many different issues and especially this technology patent issue. so if they can get accountability mechanism in place, i think you're really going to see the market outperform. neil: that's a big deal, china stick to its word. trust by verify economically. dory, final word. danielle, always good seeing you, thank you very, very much. we follow the media and follow fox, and others look around all other networks here they 10 to go a little bit rabid following on a report like this, almost like professional wrestling. >> certainly at a minimum looks like conspiracy to obstruct
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justice. >> this question about obstruction of justice. >> potentially is not definitely obstruction of justice. >> obstruction much justice. >> obstruction of justice. ♪
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neil: it is interesting watching media reaction to the mueller report since it is out. everyone runs to the show they like or network they like to get the spin they want to hear. howard kurtz follows this well on "mediabuzz," sundays 11:00 a.m. on fox news. he is joining us to sort of get a read on that. no doubt a big theme of your show this weekend. what do you think of what you saw? >> neil, what's happening right now is at that many journalists anchors, liberal pundits are essentially overruling robert mueller. he is the former fbi director would ride in on his house and find all this corruption and prematurely end the trump presidency but at the same time given the report recommending no further criminal charges, we all
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had a chance to dig into it, mueller may say there is no obstruction here, i looked at it smells like obstruction, feels like obstruction. here is brief look what is happening on the airwaves. >> there is no way to look at that saying the president wasn't trying to obstruct justice. what was he doing if he wasn't trying to obstruct justice. >> others protected the president. doesn't protect him from committing a crime. i look at this evidence and it sure looks like obstruction of justice. >> the biggest headline the report makes the case the president tried to collude and make as detailed how he tried to obstruct. >> but special counsel found you know conflicting evidence in some cases but not recommending anything on obstruction. by the way, you remember all the collusion two years, neil? no one is talking about that. mueller was definitive no collusion. not just by the president, no american has been charged with cooperating with russian
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operatives. neil: howard, it is getting to me like i said before, professional wrestling, a staged kind of thing with the media, if you're from an organization that is deemed to be you know, in the president's hip pocket you're not going to find anything bad in this report. conversely if you're going after him, you're not going to find anything good for him. there is a lot of good, a lot of bad in that report. but to your point, the bottom line is, on the obstruction justice thing maybe a lot of people were properly focused on the mueller folks decided there was not enough to exonerate him or condemn him. it was a jump ball, hand it over to congress. that is essentially what they ruledp maybe that is really the only thing mueller and his people can do. but to assign all the other motives to it or reinterpret what he said it just seems like a stretch? >> yeah, in this polarized atmosphere you're exactly right, neil. some on the right going too far
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completely, totally exonerates the presidentthere is no embarrassingly or damaging material in there. for the clips, many in the main stream media was so invested two years, saturated coverage, almost obsessive coverage, mueller comes out, one of the reasons i think the report has fallen a bit flat, here is a quick example. mueller find that president trump year or so ago told his then white house counsel don mcgahn to fire mueller, get rid of the special counsel. mcgahn didn't do it, didn't carry it out, threatened to quit. that was in the "new york times" more than a year ago. a lot of this stuff already has been reported. on one hand mueller confirming stories that were true. finding stories on cnn, buzzfeed that were absolutely not true. it feels very familiar. might be an extra text message or voice mail, most of the stuff i was reading it, wow, i don't see a new headline or bombshell although there is plenty of
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interesting material on both sides if you get into the weeds. neil: one quick thing, the summation bill barr gave of the report, a lot of people say the mueller report disputes and counters that almost every step of the way. i read the report, it really did not. we can argue whether attorney general never said it was exoneration of obstruction of justice, not one way or the other, exactly how he characterized it when he released his report. people can differ with that you're telling me president of the united states moves to get rid of mueller, that is not trying to obstruct justice or fire james comey that is not obstruction of justice? you can interpret it all you want but mueller was essentially saying with all of those examples, not enough for me to go on. so i think it then, your bias comes into play, whether you think that was a fair conclusion and people can differ, but reality was, mueller could not assign enough to say, this guy is guilty as sin on this.
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>> the press went crazy over bill barr to temerity to have a news conference to answer reporters questions. at times he put little more positive gloss on it, that is fair criticism. 98 minutes later we got to read the all 448 pages. i think it became moot, we see what is in the report, not rely on some attorney general summary. as you said, i totally agree there are things in here that are not flattering to the president. but most of it is pretty familiar ground been plowed by now. neil: right. >> at the same time, bottom line, no further charges. i think media rather than accepting that, too many are saying, yeah, but this need further investigation. it had two years of investigation. of course the democrats on the hill will continue to probe wherever they can. neil: as will republicans to launch an investigation of the investigation. >> exactly. neil: back and forth. i look forward to your show this weekend. howie, thank you very much. 11:00 a.m. eastern time on this
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fine network. he gets into all of that with great substance, very, very fair. he doesn't carry anyone's water which is something very admirable. when we talk about carrying water it is about your bias, right? whether you dislike the president you will point out only those things that look bad for the president. if you love the president, you will point out only those things that look good for him. we're not all one way or the other. sometimes people love us, some people hate us but ultimately we cover both in this report, there is something for both. we'll have more after this. alab. aka, rocket city, usa. this is a very difficult job. failure is not an option. more than half of employees across the country bring financial stress to work. if you're stressed out financially at home, you're going to be too worried to be able to do a good job. i want to be able to offer all of the benefits that keep them satisfied. it is the people that is really the only asset that you have.
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a little money here. a little money. there never been that high, younger generation had to count on their parents for this much help. since this is a little too close to home i will punt it to "barron's" senior editor jack hough what this says about our times. what does this say about our types, jack? >> i have to give you a fair warning, neil, my view on this might different wildly from institutional view of baron's if there is such a thing. we'll tell this story as another story about lazy millenials not going out doing what they should be doing in the workforce, sponging off their parents. reality, look what these people face. the cost of college has spiraled endlessly higher. that is not their fault. that is the fault of generations of policymakers before them. what are they doing? they're making a rational decision. families across america are. they're living together in bigger households. that is an efficient use of resources. that is not someone being lazy. they are doing exactly what they ought to be doing.
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if that is threatening someone's retirement, look, truth is retirement as concept is about 70 or 80 years old. kids trump retirement f you have to help your kids, put off your retirement for a few years, so been it. neil: good for you. although i have no, no inclination to put off my retirement to help my daughter out. it is perspective in given country. if you travel abroad, not too long ago i was visiting italy, generations live in the same home. it is just the way it is. it is not even economically driven as much the way they do things and pasta is delicious but having said that, i'm wondering what this says as well, here, about the economic pressures young people face? you talked about the cost of student loans, college, et cetera, a lot of them saddled with that and jobs that, better paying than they used to be just a couple years ago, still by comparison on percentage terms, when i was coming out of school
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it was very different? >> there is good news for future generations and that is something called reversion to the mean which is one of the most powerful forces in the financial world. when things get out of whack, something breaks they go back to normal. college is not sustainable as a cost on society right now. i think if anything the millenial generation will figure out a way to fix that in future years. wages have started to creep up but wages are far small letter than they have been historically relative to corporate losts. eventually we get more -- becoming independent they will realize at some point. you have to make decisions according to kids, not all these, millenials are industry just as others but you know, generally speaking i would say they're doing pretty much exactly the right thing right now. neil: i'm glad you and i agree on this subject. talking about bashing millenials, only gasparino has
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that view. in case my daughter's watching, honey, please, okay, don't worry about this. we have have lot coming up. >> thank you. neil: what about joe is he too slow? biden in the race but have others raised by him with all the media attention? we're on that after this. dream r as something fast. then one day you decide it just needs to be safe enough to get her to college and back. principal. we can help you plan for that.
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neil: all right. it will be official we are told next week. joe biden announcing that the third time may be will be the charm he will announce for presidency of the united states i think via video at first. you know the drill. they have exploratory committee, everything else. we have charlie gasparino here who is telegraphing that. >> every time i see his hands up i think he will be touching somebody. neil: really? >> [laughter]. common, that is pretty good. neil: -- in your case but you've been talking about this. >> right. neil: he is having this sort of back and forth on it. >> i looked last time i reported in early april he is telling people he is running. he would wait until the end of the month. neil: what is he waiting for? >> get some of the touching stuff out. unfortunately i'm laughing about this, this is issue in me tee hypersensitive me too democratic party if you put your hand on something it is like tantamount
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to groping. so he does have an issue with that. interestingly enough that he may have an issue with the far left of the party but there is a lot of moderates in the party so freaked out bernie sanders will run, i know moderates, they're on wall street, this guy i don't think will have problems raising money. if he does get into general election he is best positioned to beat donald trump because he can basically take those states that hillary did not do well in, sort of blue-collarrish states. neil: lost in this argument, you and i got into this before, being wonderful human being, lousy campaigner. he tried twice before. >> he tried twice. neil: performed miserably. >> does his gaffs. he is loveable guy but screws up a lot. he does have, people talk about -- neil: very high positives though. you always wonder what that means. >> here is the thing. people underestimate trump in this way. with that mueller report was
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replete with issues of his character being in question, right? clearly exonerated, i get it, he didn't commit perjury or obstruction of justice. neil: wasn't definitive either way. >> that was not profiles in courage, that mueller report for trump. that said we know everything about him. the public hasn't been introduced to joe biden in a way that it will be introduced to joe biden, both in the democratic party, aside from the touchy-feely stuff. neil: vice president of the united states. >> he has a long history of saying stuff. neil: that is the danger sometimes, you have old every nominee you can go through -- >> going through two vetting things. he will be attacked for his left positions, for his more conservative positions but the liberals during the primaries. neil: they don't want him. they don't want him. >> they may have no choice, i tell you why in a second. he may be attacked by his liberal positions by trump if he does win. the problem if you, if bernie sanders has a legitimate chance
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of winning the party establishment is going to freak out because they know that he probably can't beat trump. he is probably -- >> leads in the national polls. only for now. >> he is socialist. who knows what will come out, people just realized he was a millionaire socialist. really hysterical if you think about it. neil: what about all these other up and comers? do you think, a lot of these all i cans like hillary clinton was in 2018 didn't happen. so maybe this doesn't happen? he seems like the anointed one. >> joe, i don't think he seems like the anointed one. he will have to fight for it. he is a pretty tough guy. if he does get in the mud with trump it will be interesting because he will -- you always got the impression that hillary -- neil: everyone gets in the mud in the president regret it. marco rubio comparing hand size thing for all of that. >> i don't think he should have apologized for that. his big problem is apologizing. biden has enough after temper.
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if you think trump has temper, joe biden from what i hear, there was scene, this was funny two, or three years agos, he was at a hedge fund conference called salt. anthony scaramucci conference. talking about why he didn't run in 2016. a hedge fund manager bill ackman made a crack that he thought was, sort of, he thought took offense to because he thought it had something to do with his son, the guy was, ackman says he didn't but biden took it that he did. biden almost ripped the guy's head off. i know this from people inside of the room. literally almost ripped his head off. this is a tough guy. he is little older. neil: you like the tough guy thing, right? >> yes. neil: you actually have ripped people's heads off. >> people in the room said it was a lot of four-letter words and, a threat to punch him in the nose. i'm telling you that this guy is tough. neil: all right. we'll see what happens. good seeing again, my friend. have a wonderful easter. >> do you know what that means?
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i know you're half italian. neil: you know, i'm still thinking about the comment you made at outset though. >> which is? neil: everything since. >> with the hand? neil: yeah. >> unfortunately that is what we'll be talking about. neil: i know. we probably will. we have more on fallout from the mueller report, curiously the market is not budging. take a look corner of wall and broad. the dow up 110 points what is going on america. market is closed today. >> i was going to say, what are you talking about? neil: we'll have more after this. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars.
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♪ neil: all right, welcome back, everyone. jerry nadler, the guy who runs the house judiciary committee making it official, he wants the entire mueller report not the 90 % that members have already gotten and the nation has already gotten the 10% as well that is blacked out sort of marked out, he wants the whole thing, and now keep in mind that bill barr the attorney general has promised that key committee heads would in fact get that entire report redactions and all , he wants the whole thing, issued a subpoena for the report let's go to chad pergram on the back and forth on this and where things stand, hey, chad. >> hi there. well he wants it by the first and he wants barr, nadler wants barr to testify on the second. he's currently scheduled to go before the senate judiciary committee on may 1. now let me read you a statement from doug collins he's the top republican on the judiciary committee. he says, "today's subpoena is
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wildly overbroad, it commands the department to provide congress with millions of records that would mainly be against the law to share." now if you think the democratic and republican violence is bad you ought to look at the democratic on democratic violence and the reason is that democrats are divided about how to proceed here there's a conference call that house democrats are going to have monday to talk about what they should do. they believe some democrats believe that robert mueller left a trail of bread crumbs here, through the congressional forest style here for democrats possibly to pursue impeachment. there is a question as to whether or not they should go for that and whether mueller was implying that this is not a legal question that needs to be resolved but a constitutional and a political question, in the house and the senate, now, nancy pelosi, the speaker of the house she was in bell fast northern ireland earlier today and asked to comment on the mueller report she said i'm not talking about the president overseas the foreign policy stops at the water's edge but she did say this. she said the congress of the
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united states will honor its oath of office to protect and defend the constitution, to protect our democracy, we believe that article i, the legislative branch has the responsibility of oversight of our democracy so what democrats are trying to do right now, neil , is kind of drive in two lanes, you know, say we're going to do all of this oversight, we're going to investigate and see what the caucus wants to do on monday. pelosi continues to keep impeachment off the table when i talked to her staff last night, they reiterated to me that was the speaker's position, and the reason here is that a, they don't have the votes to try to impeachment the president in the house and this is very among democrats where you have all these moderates from battleground districts who won, and they can't go for impeachment, i talked to a couple of them yesterday and they said we want to talk about opioids, talk about jobs, the economy, healthcare, and to have everything focused on impeachment, takes away from that message and neil, keep in mind that if we're going to have barr up here and mueller the next big legislative issue is going to be the summer dealing
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with the debt ceiling and then this fall focusing on keeping the government open and yet another battle royale over a border wall. that takes up the whole year right there, so democrats really don't have many opportunities to focus on their policy issues, when they're all consumed with the mueller report and this question of impeachment. back to you. neil: i had talked to a couple who said they can walk and chew gum at the same time but history suggests no they can't. >> right. and they don't have much else that they can actually pass and move through the house, and the senate let alone get a signature on the president's desk. neil: chad thank you very much. >> thank you. neil: florida republican congressman on all of this, congressman good to have you. >> thanks for having me, neil. neil: what do you think of this back and forth, there's lots going on so i keep repeating to say that two very different world's, the parties are living in here, democrats who by and large are not satisfied the mueller report and want more hearings and the like, and some of their leadership by the way just also open to hearings, but just not getting obsessed about
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them and republicans wanting to go back with an investigation to how this investigation started. do you ever fear that both parties are getting sidelined? >> yeah, this is why people hate washington. i think the american people want us focused on issues that impact their quality of life and i noted that yesterday, mark meadows pointed out that half the country would just like to be done with all of this, and doesn't support continued activity by either side, but i tend to think that there are things that are unpopular that we still have to do, like nobody wants to go get chemotherapy or a surgery but sometimes you have to and if we don't find out why this began and why political opposition research was able to throw us into this whirl wind for 22 months then it'll happen again and it won't be a partisan endeavor. if this is the new normal that we're going to politicize our intelligence communities that will do putin's bidding for him because it will undermine credibility in republicans,
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democrats and our whole system. neil: you might be right on that congressman i'm not here to judge either party's efforts but what i am here to say is that the american people have had enough of it and it's better than two-year investigation into the president and now just the thought that republicans want an investigation to investigate what got that investigation, it's like a moment that i'm wondering if whatever your doubts and concerns and anger maybe just establish this whole thing was trumped up no pun intended charges against the president, you would want to get to the bottom but there are far more important things to worry about than the here and now. >> no, we need to work, we need to do our job, we need to make sure that our processes are more transparent and by the way there is a way to do that and there are good ideas. neil: there's not a single democrat who would support going back to what started this investigation. >> well how about this is there a single democrat that would support transparency for the
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fisa process maybe legislation to make fisa judges confirm by the senate to release decisions so that we could see how doctrine develops? neil: fair enough but do you worry, the democrats are just assad it matt that they have reasons to pursue some of the issues in the mueller report. >> but chad said something different about that. neil: can other things be done at the same time? everyone says we can do all of this stuff together but the history suggests you guys can't so what do you do? >> i agree with you i think that congress is very sadly a linear place where if one thing takes up our bandwidth we're largely incapable of doing other things it's a sad commentary on a broken system built on seniority but chad pergram in the prior report highlighted how this plays out, neil. you've got one group of people in nancy pelosi and steny hoyer and jerry nadler who run the institutions of power in the congress but there's a whole other group of people the pipe swinging progressives the aoc's and illham omars who actually run the party.
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they drive the energy of the democratic party, so you've got the energetic leaders of the party in conflict with the people who actually have the power to set hearings, issue subpoenas, and drive the agenda and i think that that is going to continue to drive tension among the democrats and we're in the passenger seat but at least lindsey graham over in the senate has the tools to be able to get to the bottom of how the investigation improperly began. neil: all right congressman thank you very much have a good weekend. house speaker nancy pelosi's to the congressman's point is urging democrats to move on at least from the mueller report the kitchen table issues like the economy to dow jones newswire chief editor glenn hall and center for freedom and prosperity dan mitchell. dan, we'll begin with you on whether democrats can do that. there does seem to be a sort of division in the ranks here, among committee chairman, who properly are interested in pursuing this, or at least getting hearing going on this and some on the left who want to go so far as to get impeachment proceedings going and the
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leadership concern that it could boomerang where do you see it going? >> i think they're having their cake and eating it too. obviously, nothings going to drive this off the headlines and the tv shows, and so they will keep the pressure on trump, simply because of what the establishment media will be doing, on the other hand, pelosi and the leadership, they're going to proceed cautiously because they don't want to sort of generate a counterwave of people saying oh, congress isn't doing their job, they're not dealing with the budget and things like that so as far as i'm concerned they're playing it a very clever way in the democratic party. i suspect that the leadership and the young activist crazies like aoc i suspect behind the scenes they're actually in a lot of agreement. neil: you know, then you have to wonder and i guess i'm looking at this from a market perspective, glenn, whether hearings start and they look like they're not going to go anywhere it's very interesting when the water gate hearings started with sam irvine i didn't realize until in retrospect that
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most americans thought they were going nowhere and in fact were unjustified and then as there were revelations and all of a sudden they said whoa, whoa, we know how history unfolded. do markets see that happening? right now they don't but what do you think? >> i think the markets are going to sit this one out for a while, neil. what they got today was that nothing is going to change the dynamic of the presidency, and so we're back to politics as usual, with some grid lock in congress so we're not going to see any kind of regulatory or legislative initiatives that would disrupt the markets and the anticipation that the things this president has been doing that have driven the markets up are not in a state of threat at this point in time, so it's out of the legal world, and into the political world, and it gets back to electioneering. neil: if you have both parties saying that we can do republican s can look into an investigation how all of this started and democrats can follow-up with hearings then dan
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, i don't see a lot of room to address some of these other issues that you alluded to and it could hurt both parties what do you think? >> well there's no question, even if you didn't have any of the trump scandals, you would still have the partisan division , with a democratic house, republican senate, and trump in the white house; however i think this is a lot about posturing, the parties want to in effect get their base activated and agitated especially on the democratic side, and yet they want to pretend to voters that oh, we're trying, we're here in washington , trying to do the nation's business, so is there political posturing in washington? shocking answer, of course it's yes. neil: all right, now, i'm just wondering, to your point, whether you think that the markets right now at this point, glenn, have ignored this. i think you're right because they've not been surprised. they like the earnings that are coming in they like the initial public offerings thus far, maybe save lift but they liked the
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back drop. is that going to continue to be the case? >> i think as long as we continue to see policies that are making a difference in terms of the regulatory environment that the markets have liked and so forth and no threat to the kind of disruption that impeachment might bring, the markets will be focusing back on the fundamentals, and not on the politics here, and the fundamentals as you say have been good. there might be a little bit of a slowdown in the making, but not enough that would trigger any fed activity, either way, at this point in time, so everything is looking like a smooth ride at the moment and the markets are just riding it along. the question will be, is there anything that's going to create a shock to the system and the markets will react to that because there is that anticipation that at some point this will run out. neil: all right, i hope at least i guess is not next week. all right, gentlemen thank you both very very much have a wonderful weekend in the meantime the markets closed today a lot of folks are focused
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on what happens on monday. what if i told you it's what transpires over the next couple of days into the weekend? i'll explain after this. was ahead of its time.
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neil: well president trump of course is looking at the economy , for the mueller report and likes the backdrop there and likes what's going on right now and now that he can focus on that and some other issues of more pressing business, in his eyes, off to the races. let's get the read from the sanford school of business lecture professor david dodson, and gary kaltbaum, professor to you first what do you think of what the president is saying the mueller report's exonerated now the backdrop, things that are really meaningful to me what's happening with the economy what's going on with the markets what do you think? >> well i like the fact that we're ready to move on but the thing that we forgot the whole purpose of the mueller report which was to investigate russian interference in our elections we made it about donald trump instead of what it should be
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about so i hope what's on his agenda is also looking at russian interference because we know now that the russians spied on us, they hacked into computer systems and they divided us through social media so i hope that's on his agenda as well because we've got 2020 coming up and i don't want putin in our voting booth next time. neil: gary when you think about what's at stake and the fact that's russians certainly tried to assert themselves in the election, to the degree that you still have a number of democrats they tipped it in the president 's favor that i think has been statistically squashed but be that as it may there are a lot of concerns going forward about the role they will play and i'm wondering, just for an investor is that a worry for you? >> you know, not really. look, 564 days from today, what's going to matter most easily will be the economy, and we know the old cliches, it will be the economy, economy, economy , right now, all i can
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tell you is i look at the market , you have the rails at new highs, you have housing stocks at new highs, you have industrials at new highs that tells me the economy right now is starting to accelerate again, so that is good news and if that continues, and it stays that way into next november that is a big tailwind for the election for the president, but look, again, we're a long way away. neil: you know, david we've raised it on this show a number of times and you and i got this in the past that presidents maybe get a disproportion at share of the blame when the economies head south maybe too much credit when they're doing well it depends on your point of view i understand that but wall street generally doesn't like a good thing disrupted and do you think there is justification for wall street to feel relieved now , that there won't be a constitutional crisis, or are they getting ahead of themselves >> i don't think there's much of a chance there's a constitutional crisis and the market accepted that. the one part of the mueller report about whether there's
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obstruction of justice, it's in the grey area which means that no one in america will change their mind over the next five or 600 days so i think president trump can certainly breathe a sigh of relief there. where he should be holding his breath is the jobs number and if i were the president and i was thinking about the 2020 election that is the only number i'd look at because right now we have record levels of debt because interest rates have been so low, we know that and that debt came in the form of student loans and auto loans principally. not really mortgages that's a scary kind of debt and especially when you have 40% of americans who cannot afford a $400 emergency so if people start losing their jobs you can count on defaults and all of this comes unwinding count on that. neil: now of course, we don't see evidence of that now, and then gary you've been talking about the fact we have record low unemployment and for key groups, record high employment so that's the wind at this president's back, you know it's hard to sort of forecast these things, but i know recessions
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eventually come, i guess if you're in control of the white house, you just hope they wait until after the next election but how do you see this market in the economy? >> well there's a reason why the president is jaw boning the fed to take rates down even more than they already, i mean we're 2.5% like that. i still remember when they were 10 and 12 and higher than that. there's a reason for that. he wants things to keep going. look everything looks to be in great citied, the only thing i would tell you with markets we've had two years of gains, in the first quarter, and i know i'm hearing people saying oh, maybe we can have a 30-40% year. that's outlier to me so i think you have to be careful about that. i think you have to be a little bit careful about the froth we're seeing in those ipo's coming out. by the way over 80% slated to come lose money typically that's a sign of froth so all of these little things i'm watching but right now it just feels very very good to see all of these economically sensitive stocks doing well and 2.5% on the 10
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year, mortgage rates are low, houses doing better and if housing is doing better that's good news over the next year. neil: we'll watch it closely gary, professor thank you both very very much. we were mentioning or gary was to the point some of these initial public offerings, zoom and pinterest of course the latest examples of surprising people on the upside, gerri willis has a lot more. gerri: good to see you neil boy what i day it was yesterday with these two tech unicorns coming public same day. they got compared to each other zoom shares up 72%, pinterest up only 28% and that came as a surprise to a lot of people because pinterest is a better known name, right? consumers know about pinterest, but business people know about zoom, and they actually have a business model that generates earnings and that's something investors have been looking at. neil: there is a concept now right? gerri: that's right. here is the secret sauce, i think, that was going on yesterday that people weren't
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necessarily talking about. pinterest had a much bigger float, 75 million shares, so there's a little supply and demand going on, right? they had a lot more shares outstanding going out in the marketplace to be sold than zoom did, they had no earnings. yes, revenues for pinterest were up year to year 60% and they are narrowing their losses, but they still have losses, those losses 8-14% in the last pro forma quarter, narrowed but they're still not making money and people were concerned about that the other thing that i thought was so interesting and i think this goes to something that you probably think a lot about. dual class share structure soberness silverman, the ceo of the company will continue to control this thing even though it's a publicly-traded company. why because he owns the right share class, right? so there's one vote for the class a, 20 votes for the class b shares that's what ben silber man holds and he will
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dominate this and i had a chance to talk to stacey cunningham president at the new york stock exchange fascinating conversation with her. here is what she had to say about dual class. >> if companies don't have a structure where every single share gets equal voting rights but the concern is if they stay private the retail investor is left out as long as they're providing transparency into what those voting structures are then investors should have the right to choose. gerri: so that's a low standard. all we have to do is disclose it there's a time when these exchanges say we're not bringing you to market unless you open us up to the public but stacey is saying they can make their choices. neil: any way to list them. gerri: it's a competitive business. neil: gerri thank you very very much in the meantime, jump ball on this as to a healthcare situation for americans or the tax cut situation for americans? what do you think is winning out in the polls? after this.
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neil: all right, well republican s might be feeling pretty confident but they might want to read the results of this latest fox news poll that shows obamacare, the affordable care act is more popular than the republicans tax reform plan than the tax cuts. medicare free for all, free college more favorable than a border wall that's early on but should republicans be paying more attention than they apparently are? former ted cruz campaign polster chris wilson on all of that. what do you think of all of this , chris? >> well i think if you pulled santa claus' program to give away free gifts at christmas it would also test very well but the problem is you can only give away so many things for free before you bankrupt the entire company so as you look at things like free medicare for all, which it is a popular program, what could go wrong with that? or if you gave free ice cream to everybody that would also test very very well neil but the bottom line is these things cost money and if you pay for free college tuition that means you'll be paying for middle and upper middle class americans to go to college for free paid for
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by working class families and the fact is as these programs are peeled back and the american people learn more about them as we go through the campaign season you'll find these numbers dissipate very quickly and have real choice between actual policies that cost money and the american people will understand what they cost and ones that will impact the economy positive ly versus those that impact negatively and we'll see a legitimate honest debate about these issues than you're getting in the way they're presented to the american people right now. neil: i get a sense that republicans are underestimating this and getting to your point you're quite right. you have to come up with money and ways to pay for this sort of thing and just putting it on the richest tab is not the way to do it but it is interesting that it resonates with those who are polled on the subject. for example, when republicans talk about it's all socialism, but you leave out the socialism word and you talk about medicare for all or helping kids with their college tuition they're all for that, so is it your sense that some of your
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colleagues are missing this, and they got to get on the stick about this? >> well by colleagues you mean people polling on it? yeah, well the republicans in general, no i think right now the republican party is going to be better served by continuing to advance policies, that pour more money in people's pockets and keep the economy humming at the level that it is and to your point about the tax cut question you're right. most americans right now in poll ing shows that they don't believe they receive the tax cut , but the numbers come back after april 15 shows most americans do and if you look at the number who received the tax cut compared to those who believe they received a tax cut in some cases neil it's 2:1. neil: it's absolutely amazing. >> it is if there's a challenge that exists i think republicans got to do a better job explain ing getting past the mainstream media to help the voters understand the impact of these specific policies. one of the things the poll didn't test is a green new deal. the green new deal in general tests positively but we test getting rid of cows and meat and
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of airplanes and rebuilding every building in the united states and spending trillions of dollars. guess what it doesn't test as well and that's what it said. it's like if you tested the democrats want to nominate santa claus and there isn't lots o of free gifts for christmas that would test well too but it's not reality. neil: i think ronald regan had the best answer when it came to justifying tax cuts. i believe you should have your money than the government and we can over think this and we can over do it, but back and forth, democrats are very good about that and we're able to do that on health care, and to your point, republicans at least at this juncture not as much, we'll see, chris have a wonderful weekend and easter. >> thanks happy easter to you too. neil: the white house is more concentrated for the time being on some of the findings of the mueller report. in fact the president has had some very nasty tweets already on it as he's had a chance to digest it and not read it maybe the whole thing. blake burman with the latest
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from the white house. reporter: hi, neil and the mueller report has led to questions about some of the responses at the white house press secretary sarah sanders has given to some of the more high profile stories from this very podium behind me. that includes the firing of the former fbi director james comey at one point, the press secretary said that the white house had been told by countless number of folks from the fbi that the white house, that they had told the white house that they had lost the faith of james comey. the mueller report says that i want to quote it for you, about this variance and it just says, "sanders told this office that her reference to hearing from countless members of the fbi was a slip of the tongue. she also recalled that her statement in a separate press interview that rank-and-file fbi agents had lost confidence in comey with a comment she made in the heat of the moment that was not founded on anything."
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sanders went out to the morning talk shows, the morning shows earlier today to defend herself and this was her response. >> i said that the word i used "countless" and i also said if you look at what's in quotations for me, it's that, and it's that it was in the heat of the moment , meaning that it wasn't a scripted talking point. i'm sorry that i wasn't a robot like the democrat party that went out for two abdomen a half years and stated time and time again that there was definitely russian collusion between the president and his campaign. reporter: there's also another passage in the mueller report, neil that deals with the now infamous trump tower meeting that took place with donald trump jr. , jared kushner, other s along with a russian attorney. the mueller report says about the response to that, i'll read it. "after consulting with the president on the issue, white house press secretary sarah sanders told the media that the president certainly didn't dictate the statement but that he weighed in, offered
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suggestions, like any other father would do, several months later the president's personal counsel stated in a private communication to the special counsel's office that the president dictated a short but accurate response to the new york times article on behalf of his son, donald trump jr.. " so sarah sanders went out to the morning shows today, neil to try to defend herself, normally, on a day liked to we might be in this room, asking questions about past responses, asking questions about that mueller report. pretty empty room today as those briefings have been few and far between in the most recent months. neil: they certainly have been blake thank you very very much blake burman in washington at the white house. meanwhile we're learning a little bit more about the notre dame cathedral investigation what caused it. apparently an electrical short circuit, but there are bigger problems in paris than that. i'll explain, after this. [ sigh ] not gonna happen.
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neil: all right, with so much attention focused on where our talks are going with china on trade focuses shifting at least to the nations capitol for the time being to the president's north american trade deal, and where this stands it is not going to be a slam dunk. edward lawrence in washington with the details. >> this one kind of getting lost with all of the news out there the u.s. mca will provide a modest gain for the economy according to a new report from the u.s. international trade commission and this report represents the next step in ratifying the new u.s. mca agreement giving lawmakers in congress amunition to vote for or against the trade deal and the report says u.s. mc a will create 17 6,000 jobs over six years and exports will increase with about 6% with canada, 6.7% with mexico, import s would also increase about 5% with canada and 4% with mexico and democratic senator says the u.s. mca offers a minor update to nafta, and limited benefits to workers, the administration pushing back
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though, the white house economic advisor says he's pleased with the assessment of adding $68 billion to the economy. >> what the itc this independent agency that tends to have low balestri mats of the benefits of trade deals is that the u.s. mca bill is the bill with the largest benefit ever. >> there is a backlash among our trading partners today a senior official in canada signals that canada would not ratify the u.s. mca, unless steel and aluminum tariffs were dropped the u.s. trade representatives office says they are working today as we speak, on a deal to drop those steel and aluminum tariffs, and lighthizer says he does see an eventual end to those tariffs, neil? neil: edward thank you very very much edward lawrence in washington. well samsung has some breaking news for us, literally, $2,000 phone? it's breaking. moving is hard.
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neil: you know the more i hear about this, the more i realize this just spreads wide and far, flight delays all that sort of stuff and a fight that involves the u.s. and canada because of it, it's confusing thank goodness we have jeff flock at midway airport to update us on what's going on here.
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hey, jeff. >> midway airport, neil home to southwest airlines which is the biggest customer for the 737 max and i tell you, remember the days when the faa was the final word on pilot training and certification? well not so much now. take a look at the scene just outside boeing's headquarters, you know, deliveries, are on right now and there are indications today that that could last a whole lot longer than anybody thought, the dispute is over how much training pilots will now need before they put the 737 max back in the air. some people think that the pilot s all need to have simulate or training. that's to say to get behind those sophisticated simulators basically looks like an airplane cockpit or as the faa says all they need is to train on an ipad the canadian air transport minister and i quote him now when he says, "simulators are the very best way to go over exactly what could happen in a
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real way, and to react properly to it. it's not going to be a question of pulling out an ipad and spending an hour on it," but that is precisely what the faa says is needed just the ipad training. there is a comment period on that the faa putting it out there saying well tell us and they may change their mind but i'll tell you there are a number of airlines already that say do you know what? we're going to err on the side of caution on this and they include lion air which is of course that i don't want to say cheap air carrier but low cost carrier in europe, the biggest one american here in the u.s. already says yes it will require its pilots to have simulate or training, eat open january air and lion air of course the nations where the crashes took place on this side of the ledger though we won't do it unless the faa mandates it and southwest says they will not have simulate or training, the whole thing about the simulator stuff neil is this, it's costly,
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it's going to take time and the faa originally said 737 max pilots don't need simulator training because this plane acts so much like the old 737s. well apparently not, and, you know, did the pilots have enough training that's a key question in the investigation of the crashes, but we'll see. but the days when the faa was the final determiner of all of this apparently are coming to an end. neil? neil: you moo it have mentioned it at the outset, jeff i'm curious, would that delay these airlines that frozen any of these flights? >> yes, the speculation is because these simulators, you just don't snap your fingers and put people through simulator training. the simulator has to be with the new software of the 737 which has been updated and has to get out to all of the airlines and all of the pilots, the speculation is it could take until the fall before they even have all of the simulators they need to do it. that would push things back.
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neil: to put it mildly, all right thank you jeff, jeff flock , at chicago's midway airport. by now, you've heard of the big fuss over these $2,000 samsung foldable phones apparently they fold, all right and then break. how big a problem this is, lauren simonetti, what's going on? lauren: could be a fatal problem for the category, a foldable phone. the price tag is $1,980 no thank you but we were complaining there's nothing new coming to smartphones and then you hear about this foldable phone and that's new. that's cool so samsung by the way they hit store shelves one week from today, next friday, they gave some of these phones to reviewers and reporters, and they're getting reports back, because the phone is breaking on them. neil: what happens? it breaks when you open it up or close it i guess? >> the screen is flickering in some instances but they said the issue and i'm not sure how fixable this is just yet. there's a protective film over the screen and many of the
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reviewers pulled it off and that hurt the ability of the phone to stay together essentially during that. neil: but it's not like igniting >> no, your safety is a-okay, but the market for this, they're saying by the year 2023 would be 30 million units sold. neil: but if it has a clumsy opening, regardless of what the samsung because you're right i've heard others are planning variations of this same thing. people might be i don't want to touch it. lauren: at least until you perfect it because it's $2,000, huawei has the x and motorola has the foldable razor those will be coming out too as we speak of the category. neil: we had a guy here with one of them and one thing i couldn't take my eye off it's a big beautiful screen but i did see that crease down the middle and it bugged me. it was like well i still see it. he says oh, you get used to it, neil. do you remember when he was here lauren: yeah. neil: i couldn't stop taking my off eye. lauren: so we'll wait until the second iteration of the foldable
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phone and the price to come down and then we'll maybe buy one. neil: 1,900 something like that. gaspo would buy something like that. lauren: he would. neil: lauren thank you very much and have a wonderful easter. we've got a lot coming up and you're also hearing something about what's happening with -- lauren: facebook and the fcc. the federal trade commission is reportedly zooming in on mark zuckerberg saying should we hold him responsible for these continued privacy breaches at the company and if so, how exactly do we punish him? and this is very concerning for facebook investors because you can make the argument that zuckerberg is to facebook what steve jobs was to apple. how does facebook function without him? so it's not a fine that facebook is worried about so much now, it's what will happen, how will mark zuckerberg be held accountable? they've been investigating him for over a year now.
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there could be management changes and go beyond mark zuckerberg that could effect the coo, sheryl sandberg but the ftc , five commissioners two are democrats and both have come out and said look, europe is beating us when it comes to regulation of silicon valley-type companies we have to do something now. we have seen over and over again just yesterday with the instagram millions of users their passwords were unmasked what are we going to do and both of these democrats on the ftc, the commissioners have said, maybe executives need to be held accountable so we have to see if mark zuckerberg will be held accountable. neil: he's dodged a bullet so many times with this stuff but there's only so many times. lauren: remember what he testified last year over and over again. the buck stops with me essentially. neil: i always think if you say something like that you've got to mean it, to say the buck stops with me. lauren: i think he means it and i still struggle to understand the real problem at the heart of
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facebook because it's every other day there's a major security breach and they apologize for it. neil: they don't lose that many users. lauren: i think users say i don't care that they have my phone number of my e-mail address but at what point do we say they have my behavior and patterns of what i do on facebook and they sell that to advertisers so the users could either backlash or the advertisers say we don't want to be involved with this any more and that's the lifeline, the money line for facebook. neil: well i apologize. lauren: i don't know if your producers are this way mine are young enough to be my grandchild and they say no, we're not done, pops. lauren: they called you pops? neil: well something like that. lauren: did you bring in easter chocolate for everybody today, pops? neil: no, no, isn't that amazing you too. lauren: [laughter] neil: but i screwed that up and they were quick to point that out. no! my ear is like falling out. all right, now, back to before? lauren: i'll go now, thank you.
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neil: these kids today. all right, meanwhile, you know, it's not only the president who is sort of chewing and complaining about this report i guess he's had a chance to read a lot of it and so too have the russians. they're offended, vladimir putin shohei ohtani fended, and we have him that he was involved in our 2016 election and he's offended it's like me blaming someone else for raiding the refrigerator that i raided. really? more after this. i switched to liberty mutual, because they let me customize my insurance. and as a fitness junkie, i customize everything, like my bike, and my calves. liberty mutual customizes your car insurance, so you only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars.
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we wear our work ethic. . . the day we'll finally get something done. ( ♪ ) that's it. i'm calling kohler about their walk-in bath. th[ sigh ]'ll finally not gonna happen.one. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh?
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hold one moment please. hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler, america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind.
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neil: are you in with some of your colleagues want a lot of investigations a lot more obstruction thing go on more hearings back and forth? are you open to that? do you want that? >> here is what i think. i think bob mueller did an extraordinary job. i have full confidence in him. i do think he should come before our committees, testify, tell people what he found, where i want to work on is on infrastructure, on building technology here. i mean those are the things the american people care about. neil: you goes have been wanting to get to bottom of an investigation, on this investigation what started on this, when americans polled on this, enough already, pack it up. that include your investigation including -- >> i think everybody says enough already. mainly because we spent so much
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time on something that proved to be false. and so i agree with the american people. neil: that was a quick example of the passion on both sides to do what they want to do. a democratic congressman eager to get hearings going, not necessarily pushing toward impeachment, wanting to hear out bob mueller, attorney general, who knows what else. republicans equally adamant, starting investigations hearings of their own what really began the investigation. they both feel passionately what they feel benefits their constituencies. when you see polls that americans want to move on to that seems lo of the to both parties. i found it interesting juxtaposition they're all over the map. adamantly believing their cause is a just one, but not running it by, i don't know, you. meantime this is asking that is kind of interesting.
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the the gallup folks talking to a lot of folks how you feel about going to church, being religious, about all of that. if you define being religious going to church. we've had a big drop. united states, all-time low. 20% drop in the past 20 years. that is something new york cardinal timothy dolan was concerned about, is concerned about. take a look. >> can reemphasize is not only the natural but the supernatural connection between belief and belonging will be, will be back up there. neil: all right, what he was getting at here, after the notre dame cathedral all of that, there is push to raise upwards a billion dollars to eventually rebuild that grand cha need but little attention -- cathedral, little attention to churches would do, a fraction of that kind of money.
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to the cardinal's point, there is something wrong with that picture we value structures, grand, important ones as they are, charitable faiths. falling on hard times. very easy to raise a lot of money, build a cathedral close to 900 years old. that is good thing. what a lot of people are forgetting about, a lot of structures throughout europe just like this country, are more tourist events, more tourist places to go than places to worship, i don't know what that says about society are we're moving whether we become secularized, there that is snapshot. a cathedral, rebuilt matters not over the good things going on in cathedrals as maybe they should. all right. what is uncanny happened at wall and broad today. nothing at all. you would almost think the
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markets are closed for good friday. that is in fact where they are. that is what we left things. couple hundred points. record foss for s&p and though too for nasdaq. managed to keep markets where they are for you, charles. charles: about time. neil: i will do my best. there we be. to you my friend. charles: happy good friday this in fact the only federal holiday where the markets are closed. i'm charles payne. we have a ton coming up for you. redacted mueller report is coming out. president trump taking a victory lap. the question, what happens next after this almost two year investigation? it is over but not yet over. crisis at the border as thousands of central american migrants are headed towards the u.s. border now. jobless claims at a 50-year low as market nears all-time high. we'll hear from expert what is is driving this economic boom and how long it will last. all that and so much more on

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