tv Kennedy FOX Business May 8, 2019 12:00am-1:00am EDT
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$lives. i think we are seeing proof tonight that sanctions are working. don't forget, ahead of the intelligence division with nicholas, just switched sides. he couldn't stand the sanctions, more on that. >> thank you. the case is closed. the mueller report is finished. no collusion. not enough evidence of obstruction and now it's time for them to move on. that's the board from senate majority leader mitch mcconnell who suggested democrats are living in a parallel universe. >> we can finally and this groundhog day. stop relitigating to a half-year-old election results and move forward. for the american people. special counsel signing is clear.
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case closed. >> case closed. that didn't sit well with minority leader chuck schumer. he did what he does best. right about it. >> our leader said let's move on. it's like richard nixon saying must move on at the height of the investigation of his wrongdoing. of course he wants to move on. he wants to cover up. >> leading the white blazer, she's hostage. she worked hard on crime. nancy pelosi, not having any of it. >> for the senate, mcconnell is imported to be same. doesn't matter on the mueller case, case closed. case closed. a matter of observation, it's just not the case. >> is opened the case of monroe. went on to say trump is goading democrats into impeaching him.
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he's probably doing that on purpose. it's a political trap. the call is coming from inside the house. democrats should also realize the trump administration is going to continue stonewalling them over the mueller report. don would not comply with the subpoena to turn over documents for the house judiciary committee. wants to know more about the president alleged attempts to fire robert mueller in that brings it to attorney general william barr. content to vote tomorrow because barr so far refused to give them the unredacted mueller report. he also skipped testimony last week for democrat barking up the wrong tree. twenty amino, house judiciary committee member, welcome back. >> good to be with you. >> you are right in the middle of the entire circus. what is the move judiciary committee? >> the mood is that it's indeed
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what we saw last week, buckets of chicken and porcelain chickens and the chairman basically forgetting what the rules were. you had an ailing his own motion and bringing it back. it's chaos right now. it's because the democrats are really struggling to understand what happened when they put all of hope in the mueller report and it's been in-and-out. they are talking. he was the messenger. that's where they are going to live for the next year end a half until the 2020 election. >> i'm not confident he wants when the barr to answer his questions. i do know that chairman has access to the unredacted mueller report, why is he making such a big deal about it and the un-
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redacted version? >> the under right back to version, which by the way is only about 5% that was redacted. he had access for that for sometimes and there's a small group of immigrants and republicans are not part of that. i loved to see it but it's basically mr. nadler's to use it as a cultural against mr. barr and ultimately the president. think about this, what he's really saying is, what we want to do is either once you to give a choice where you either get held in contempt or you violate federal law. that's what was redacted, rule which is grand jury which can't be released. >> if they were on acceptable to special counsel operative robert mueller, we would have heard about that. more about that from him and from his staff because he's not free to discuss displeasure.
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as he did in a letter to william barr. talking about how he didn't appreciate the summary and he felt like he summarized the long thing. he didn't dispute the ultimate characterization of his report. >> that's exactly right. mueller basically said what he was really upset about was the media, picked cares mischaracterizing based on the bars summary. it's interesting because now we have the whole mueller report except for the small amount redacted and he can go down and look at it and come back and say i've seen it, we have to get to the bottom of this. but he will not do it. or he could come back and say it really is mandatory stuff. but he will not do it because he needs a story, a narrative and that's all he is trying to do. >> impeachment would obviously emerge from your committee, the house judiciary committee. into pelosi the president is goading women to impeachment,
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which i think is absolutely correct. she knows and that's why they've been very focal and all of that because they know it's a win for the president. it's a stupid laws and big fault for democrat. >> yes, it's ridiculous. trump is playing this pretty smart right now. i think on the other hand, mr. nadler is off, all these people who want to impeach, they are not there with nancy policy. i do think nipsey pelosi should walk a very razor's edge type line because she's got the west wind, we got to do this. the people in the district tested, they are going to say please, don't do this. >> and she's saying, you've got to walk the middle. take care of mainstream voters,
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that's where the votes are. that's how we'll maintain the house and when the president -- wind presidency. but it's a party in chaos. thank you. >> risk between barr and christopher wray, whether they president spied on the 2016 campaign. the started last month, he just did that. last week, he stood by those comments. >> i think buying is a good english word that doesn't have synonyms because it is the broadest word incorporating all forms of covert intelligence collection. >> today on capitol hill, fbi director is told to avoid that word. >> that's not the term i would use. >> thank you. i would say that's a no to that question. >> well, there are a lot of
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people using different phrases. i believe the fbi engaged in investigative activity and part of that activity includes surveillance activity of different shapes and sizes. >> sometimes surveillance activity can be much worse than trying. he was asked rather whether he believes the fbi and agent had engaged in illegal surveillance. they did. watch. >> do you have any evidence that any illegal surveillance into the campaign during the campaign by the fbi occurred? >> i don't think i personally have any evidence of that. >> now it's just business as usual then. the present jump all over the spine allegations claiming he was the target of all sorts of dirty tricks, whether surveillance really is saying this or if this is just a big distraction. tonight panel is here to discuss
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where she served as policy analyst. >> part of the problem podcast is also this, we got former ohio state senator to the next in action. >> you think spine is too much of an incendiary word? >> i think because people spying is this cloak and dagger kind of thing where it's maybe not authorized, not necessarily something you would -- >> spine can be authorized. >> if it's counterintelligence. you see the differentiation between the fbi director was trying to say and out of tripping all over himself during at the same time. in the attorney general said. these are two sides of the same coin. i think what is happening is society so to speak, counterintelligence sound better than spying. this all goes down to at the end of the day, is it spying if the
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origins of the counterintelligence efforts were obtained in some way illegally, also known as the pfizer staff? >> for the want application was so opaque that the judge who agreed to it had no idea what the basis for the surveillance was, goes to show christopher wray, he isn't putting democrats to rest. he wants to keep it much power as he can. under his agency. i should break democrats running for president. he works for the trump department of justice and if all those tools are fair game, bernie sanders took his honeymoon in the soviet union. very positive comments about the former soviet union. joe biden had a big one during
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the obama campaign and he's talked to any russian offered its. you've that criteria, the department of justice would be totally justified using countersurveillance or whatever you want to call it. >> you're missing some steps there. have to get a british spy in there and then you can. >> a worker with liquor, volunteer campaign worker with liquor, gives them information in his brain and trying to extract that. >> it's a weird, it reminds me when they would say enhancement care relations, not torture, we are all talking about the same thing happening. call it wherever you want to. the story is that obama spy agency, spied on opposition party of presidential candidate your targeted other russian
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public trader for two years. everything, the reason for the spike has been proven wrong. not a russian spy -- >> not indicted. >> right. so what is the obvious next step? what happened here? what reason did you have to start spying? >> can this happen to me? >> as soon as the attorney general said that's what we need to focus on now, what happened here, all of a sudden they're talking about him being held in contempt and he's now facing all of this from the media and democrats. a lot of these people don't want to find out. >> that with down to the report that is coming out and back and have very big invocations in the conclusion. >> i totally agree. advanced to try to describe it, are we really having this conversation about whether this is fine? i think the average american is going to along the democrats.
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i'm not sure why they are making it. i think it's ridiculous for the average person. i'm shocked that democrats are now arguing for completely independent law enforcement agencies that has no actual oversight. >> that's where president obama campaign against 2008, the panel returned later, preparing to drop the major new tariffs on china. thank account in every person in this country including you and your bottom line. here to expand everything and protect your money. protect your money. th will it feel like the wheend of a journey?p working, or the beginning of something even better? when you prepare for retirement with pacific life, you can create a lifelong income... so you have the freedom to keep doing whatever is most meaningful to you.
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trump is in a china shop when it comes to trade. negotiations before they even start. white house is vowing to raise harris for $200 billion from 10% to 25% if patient did not agree to previous negotiated concession. they applauded by men other than action. >> bottom line, china will take advantage of us, decade in-and-out unless we are strong with them. that's what we have to do. it will help america in the long run. >> will it make america great again? >> confident the president a shop from chuckle, concerns the
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president talk because chinese negotiators to skip the next round of negotiations but as of now, a thursday meeting is still on. we see a trade deal? the author of "the art of the deal" or does the president have writers block? next revolution on fox news channel, welcome back. >> hello. >> my issue is not the president issue, he is more concerned about the trade deficit than anything else in terms of trade with china. my issue and the concern i should review, intellectual property theft. i think it is absolutely acceptable and i glad the white house and he had not backed down from that all-important caveat. >> that's right. i think this whole thing, the president and you're right, their own reasons. he is obsessed about the trade deficit. it's not, and i certainly think
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it's right to be concerned about all the millions of jobs over the years. on to china because of this. that's gone now. the intellectual property is the key issue in terms of the economic produce but there's there's an even bigger issue. the fact that china has been to be the dominant power in the world by the next two decades. they made that clear. they may not. >> fine. if they want to help the economy and not the economy includes trading with us, opening market to american businesses, i'm fine with that. i'm not find was is the exploitation of american giants and now the chinese government is trying to stand on the shoulders of our giants. in order to get ahead economically and that's where i draw the line. >> you can't do business in china, to set up these joint ventures, that really means everything that is of value gets
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the chinese regime, this is not some "regime that we would be happy with. dominating it all. it's an authoritarian dictation, there's 2 billion in concentration camps. the going around the world building an empire, that is what they are trying to do. they're basically funding infrastructure and making other countries indebted to them. they are real threat because of stability. keeping them where it hurts, trying to use these tariffs to get the global supply chains out of china into other countries, it be great if their supply chains came back to america and we had manufacturing here. even if it doesn't, they are good at tasking the rise of power we don't want to see dominant because it is such an authoritarian regime. >> it is very authoritarian but economic freedom sells ultimate freedom long-term. that's what we have to strive
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for. that's what we have to leap with. we'll see what happens after this week. thank you. >> good to see you. >> look at all of this mean for us? they do not like, the dow dropped 4150 points today. worst dive since january 3 when you were still hung over. the increase tariffs what effect prices nearly 6000 products from electronics to stereo. you will have to go grand prix. losing nearly 1 million stops. is it worth the potential pain? management and fox news contributor. welcome back. >> hello. >> is this leverage or is this cruelty? >> it depends. he famously talked about leverage in the u.s. and its think we have it. i've got to tell you, i'm sure who's got the leverage here.
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the point was well made about supply change, investments overseas, offender companies have made whether it's intel, qualcomm, apparel company, they've all integrated china into their businesses and so the worry i have is that yes, while there is a big tie between u.s. and china, they are saying forget china, you're going to come to terms, it's not too easy as far as leverage because these companies can't move all that. >> it's very difficult to set up shop elsewhere and other countries, they have good intentions but they may not have the interface structure to support the manufacturing necessary to keep prices low and keep consumers happy. to think we are looking away with these right now? >> i do. i think as more time goes on, it's tougher and tougher for both sides. other countries don't have the
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workers, let's face it, others countries don't maybe have as much favorable relations some other countries do that would be replacements. so when it comes to moving things around like this, it's very tough. don't forget, too, u.s. mca which was some months ago, it's not completely finished. as all kinds of things going on globally with the respective trade. they are messing with the market and that's where we are seeing in difficult investing environment. >> they were to see stability. if they get, the markets will reflect that but again, we can't give away everything in terms of what china once to steel. that is not okay. they need us, the economy needs our consumers and therefore, i'm confident they will find a way to save face and compete with to what is ultimately right. thank you. >> thank you. see you. >> coming up, colorado was one
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of the states to legalize recreational marijuana and now they are leading a charge to decriminalize another substance. tell you how denver voted and explained the potential benefits of something magical. did you know with vanishing deductible, you can earn $100 off your deductible for every year of safe driving? sing that. ♪ vanishing deductible, you can... ♪ ♪ earn $100... ♪ earn $100 off... ♪ off your deductible. ♪ deductible. ♪ for every year of safe driving. ♪ ♪ for every-- for every-- ♪ ♪ for every year of safe driving. ♪ what are you-- what key are you in? "e." no, no, go to "g." "g" will be too high. not for me. ♪ vanishing deductible.
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stunning research to treat depression at the fda granted breakthrough therapy status to acceptance is shown tremendous potential and tackling unresponsive depression but also opioid, alcohol and tobacco addiction. remarkably, substance has no long-term side effects, not addictive and unlike horrifically but opioids, it does not lead to overdose. so what is it? mushroom. that's why magic mushrooms might be magical indeed.
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fungus among us can be the key to unlocking untreatable debilitating chronic disposition said has a therapeutic setting. psychedelic research, one know the promising potential of this. because of reefer madness drug hysteria, the drug war and propaganda leads to decriminalize and stigmatize while people needlessly suffered for decades. the city is leading a charge to decriminalize this. today they voted on whether shrooms use should be relegated to be law enforcement, lowest party. they are still counting the votes, we do not have the outcome. some people are terrified and skeptical of something like this. you have to ask yourself, what is that outdated scare stem from and is it time to let go of some of the unfounded receptions of the substances that might have the power to heal a wounded psyche?
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i think everybody should be hyped up on ecstasy, no. that would be annoying. allow for more research to see if we missed something on the pharmaceutical is humane. it in no way condones your sensible behavior and unchecked drug abuse. if they do damage to themselves with cappuccinos, they will with others and i wouldn't demand the laws to keep you from shutting greasy kfc into your that had total when people want this tool to treat depression shouldn't be shut down like they are living in the nixon area. hopefully this experiment will lead to more health and freedom. that is the memo.
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marijuana legalization, they became the first real to legalize weed in 2005. we're still waiting of the outcome of tonight's boat. but we can see a tidal wave of decriminalization and ultimately legalization. david smith and capri, dave, i will start with you. people get really worried when you talk about legalizing things other than canvas. why? >> i don't know. people are propaganda best data. it's weird to me that the burden is always on somebody arguing for legalization squares, if we don't do that, the other option is drawing people in cages. during human beings who have not victimized anybody else, thrown into a cage. the fact that we are so quick to do that and we've been doing for
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decades, it's done nothing. >> i don't know if you know, we've struggled with that depression but it kills you from the inside out. >> i agree but even if there were no medical benefits to it, the government has no right to control what we put in our mouth than what comes out. the question here to me is, are you a slave or a free person? if the government can tell you we will you in a cage because you put something into your body that we said is a no no product, that's not a free person. >> this is where i have a praetorian flag. i can't stand when places try to ban the slurpie's and twinkies and trans fat, it's not governments place to tell you what to put in your body. with the issue of shrooms, they say we'd is the gateway drug. ice guess maybe in colorado -- >> who said that? does the data back that?
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>> trying to make a joke here. yes, you are right. there is a lot of stigma and stereotype. we want to get past this, fda should have the guts to actually do what is right and approve this for medicinal purposes. your different conversation surrounding recreational use, texting and how utilizing the tax proceeds. we want to stop this for good, let's allow the fda to approve it. >> i don't want to be the donna on this panel but i think there are more externalities, more obsessive kind of drugs with more visible sort of ways to make people high and the way it might treat other people. >> what does that mean? >> i think somebody who is detached from reality, if you're hallucinating, who can be -- >> stress and anxiety. >> you can be. the medical use, i agree with you, medical use, you should be
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able to research. that is a federal question. in fact, this is the entire purpose of having the federal state divide. wants to go ahead with this, i think go ahead. we will walk into the what this might be. >> i have a feeling people in denver are not going to be, we are being machete's hatchet. >> there are also externalities that go along with the war on drugs. like militarization of police on incarceration. it's not as if there are only externalities with freedom. >> it's a properly structured. you've got to give workers and -- what if we have been lied to for all these years? with the propaganda has been false and we've been led to believe for this demonization campaign so we can not make choices for our self? that's the thing that really i find most offensive here.
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i'm glad we're having this conversation. not just on the show but all over the place. parents having to talk to the kids in different ways because now it's not just just say no, it's like a history of alcoholism and drug abuse on both sides of your family, you got to be careful and make better choices. speaking of bad choices, phil murphy wants to ban all shopping bags, all of them. paper and plastic, you will juggle cans leaving the supervisor it, it's a bridge too far. murphy featured built in 2018, attacks on paper and plastic bags because of that. new proposal that would ban food service businesses and other retailers from providing their customers with a bit of service. it was supposed to be helping the environment, is the onto something? or is he having too many cakes? >> this is ridiculous.
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who doesn't reuse plastic bags? my the only dog owner at this table? frankly, with one of the reusable bags, 131 times before the carbon evens out with disposable plastic bags. it gets really gross. >> using plastic bags, made in the u.s., plastic bags single use, reasonable ones and china, much worse for the environment, the plastic ones are one 100% recyclable. no, you were educating. the devil is open always in the details. how will we enforce it? will be harassed small businesses? is always democrats want to pull all this in the g into cracking down on small businesses and even the upside doesn't really change anything in terms of the environment. there's no real benefit here and
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i don't know. crazy. >> this is about individual choices. you want to recycle, it should be on you. i hate when the government tries to use fees and fines and taxes to curb behavior. it drives me nuts. these are my libertarian legs. >> i love it. thank you so much. coming up, bernie sanders made medicare for all, his campaign. the nations biggest newspapers, why is the same paper on the same day calling his proposal up after them? separating fact from fiction next. ♪ limu emu & doug what do all these people have in common, limu? [ paper rustling ] exactly, nothing. they're completely different people, that's why they need customized car insurance from liberty mutual. they'll only pay for what they need! [ gargling ] [ coins hitting the desk ]
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morning. what are you doing? isn't it obvious? nah. we're delivering live market coverage and offering expert analysis completely free. we're helping you make sense of the markets without cable or a subscription from anywhere you are. i get that. but what are you doing here? nice pajamas. really? i say pajamas. pajamas, pajamas, whichever. good. yahoo finance live. stream free anywhere. welcome to the show. let's make finance make sense.
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we have to willing editorials. usa today, senator bernie sanders publishing and off at making his case medicare for all, we are building a national medicare for a while to help the crisis that's so intense, must not accept any substitute. a successful model for healthcare. you must expand it to everyone. at the same time, editorial board, every inch of bernie's plan writing a political pipedream writing sanders plan, most notably in his lack of control. was the utter impracticality of getting from where we are today from what he proposes. his belly 2020 candidates find out his paint why are so many on board with a bad idea? here to break it down, managing editor peter, computer, we have
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a national crisis. go. >> there is a national crisis. the crisis is called medicare. program we already have. bernie sanders may not have noticed it while he was spending time, but last month, the programs released a report saying in 2026, the main trust fund for the program is going to be there. it doesn't mean they can't pay anybody like me they can't pay all of its bills in less than a second. so the problem is medicare as we have it now, bernie sanders wants to expand $32 trillion over a decade to do so. we'll have the money to pay for as it exists. he hasn't even proposed a mechanism by which to finance all the new government spending he wants for medicare for all. >> is impossible. that's the ultimate and of this entire thing.
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usa today is known for being conservative is and all you have to do is simple cost-benefit analysis. it's something senator himself will not do. he doesn't want to talk about how to pay for because his plans to pay for our pretty impractical. there's no way to get from here to there but here, where we already are, even before obamacare, this was already very much socialized medicine because there's so much government involvement in the way insurance companies process claims in terms of how our system is really based upon that. >> one thing you asked was white democrats jumped on this. like i said, is a sense that the healthcare system really is not working and people are satisfied with it in particular, it cost too much. one of the big reasons why it cost too much is because decades
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of government intervention, go back to world war two era price controls, ended up with the government because we can't raise people's wages. his what you can do, we will make health insurance tax-free and therefore, as an employer, you can give people have insurance. it had a hugely distortionary effect on the healthcare market in the u.s. then you add medicare in the 1960s and starting with medicare, when that comes online, 5% or 6%, of the economy on healthcare services, now we are spending something like 18%. that is a large part because of government subsidies. we see this in education, housing market, wherever the government comes in huge subsidies, they are supposed to make things cheaper. >> it makes it so much worse. i don't understand how people like bernie sanders don't see the correlation between government interfering and failure. they want to throw more
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government onto the campfire. he's going to bring the whole thing down. i guess he doesn't mind that. >> he will feel the burn in the healthcare system when hospitals can't process off the people were trying to get care. which is one of the things that will happen under medicare because not only the program expand demand hugely, he'd have a lot more people lining up for care, probably in emergency rooms, they would also in pain doctors a lot less under that plan. what happens when you pay your providers a lot less, also having a lot more demand for care, you end up with long lines, hospitals closing and people being able to get the care they need. >> rationing and 20 years from now, when you've got two generations of medical students who have chosen not to enter
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that profession because why would you enter into a field where you're guaranteed to make 40% less than what your peers are making now? it's impractical, you are the official computer men and expert on burning care. thank you. -♪ just like any other family ♪ the house, kids, they're living the dream ♪ ♪ and here comes the wacky new maid ♪ -maid? uh, i'm not the... -♪ is she an alien, is she a spy? ♪ ♪ she's always here, someone tell us why ♪ -♪ why, oh, why -♪ she's not the maid we wanted ♪ -because i'm not the maid! -♪ but she's the maid we got -again, i'm not the maid. i protect your home and auto. -hey, campbells. who's your new maid?
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it may not get made. the only way to be girls equipped, what happened? topic number one. we begin tonight in great britain whether royal baby arrival left us jumping for joy. this is not billy joel. i see why you think so. the past 20 years, he had more board hits with his car than his piano. [laughter] time to be a big shot, carved jumping competition, it's a
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reminder that you don't need brexit when you got brexit. that's right. reminder for the rest of the world because somebody has a dish accent, doesn't mean they are smart. organizers say the event was a soaring success. announced they are selling used cars and mate condition. it really flies. topic number two. mardi gras here. last night met kayla in new york city made it impossible to get a taxi or uber. luckily, he was able to take a lyft. you had to be a bengals fan, walk like an education. you to be the brightest bulb to trucks like one. katy perry, chandelier. she also dressed in the hamburger for the after party. she took it off after ten minutes because the models kept asking her what the hamburger was. jared m showed up in the captain griffin collection, her outfit
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had two faces. carter the raised awareness by her dress as an oil spill. proving that you don't need gucci when you got this on. somebody had to make him have a panic attack. jenna came through as a pumping spice, i'm sorry to say, it's not easy to stay anymore. correct term is kardashian. [laughter] pardon me. then address like someone groped her. her weight of sink she supports joe biden? topic number three. make it a stiff one. kentucky derby, you can still make huge money betting the underdog. this is great news. a few good moments, this year's event was marred by controversy
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after the winter was qualified, to competitors, ruling sent a 65 in the victory lane, gamblers making deals under the table. , this year's race is in protest. we hate to see people so upset, it's nice to see someone refusing to accept race results. the democrats, number four. a man who drugged -- drunk drove his tractor. the incident happened at what? florida? located 12 outside of tampa. make look like the double slant board but it's actually the tractor. mowing him down, in more ways than one. they had a blood alcohol content three times the legal limit. unclear what caused the mayhem but apparently he was drinking because his girlfriend sent him a john deere letter.
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[laughter] good news, he just got a job as a uber driver. >> don't forget to take a breath men. never trust your dps when it tells you to take highway. topic number five, first new flavor in five years, we wanted the world to know, michael cohen isn't the only one going this week. the beverage, a tie in with the new spiderman sequel to come out in july. finally a comic book sequel. i was getting worried it had been at least three days since they released one. as a surprisingly bitter kick at the end. doctor peder dr pepper making news. make the good doctor the official beverage of lone star state.
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i'm workin♪ to make each day a little sweeter. to give every idea the perfect soundtrack. ♪ to fill your world with fun. ♪ to share my culture with my community. ♪ to make each journey more elegant. ♪ i'm working for all the adventure two wheels can bring. ♪ at adp we're designing a better way to work, so you can achieve what you're working for. thank you for watching. every tuesday, make it a candidate. follow me on twitter an instagram.
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e-mail, kennedy fbm at foxbusiness.com. head-to-head richard heller, one of the men survived. it's going to the following is a sponsored program paid for by my pillow do you find yourself sleeping too hot or too cold, not getting the support you need to help relieve painful pressure points or struggling just to get comfortable? then get ready for a revolutionary, new sleep experience. introducing the my pillow mattress topper, the next generation in sleep innovation from the company that brought you the world's most comfortable pillow. [applause] hello, everyone. i'm tonja waring. thank you so much for being here. it's been an amazing journey
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