tornadoes. >> you look at these pictures and it is amazing to think nature could do that. you look at the buildings ripped apart and the cars on top of each other. on that note, that does it for us. >> see you tomorrow. bulls & bears starts right now. >> they have been attacked. the farmers have been attacked by china. all i'm doing is helping them get that beautiful flat nice level playing field. china's been unfair to this country for many many years. finally we have somebody that's fighting back, and by the way, successfully fighting back. we're talking about hundreds of billions of dollars. >> president trump defending his 16 billion dollars in new aid to farmers this afternoon, saying the relief will help keep farmers afloat as they reel from the ongoing china trade battle. this is now the second bailout for u.s. farmers in just a year, bringing that total to 28 billion dollars. does it go far enough? this is bulls & bears.

the last time i got to fill in for david asman because he will be back tomorrow. joining me is the panel today. and to blake furman at the white house with the latest details right now on the president's aid package to farmers. blake, break it down for us, please >> an aid package, you could call it a rescue to the farmers, a bailout to the farmerin eerfa whatever you want to call it. this is the second time in about a year or so that the president has reached out to try to help farm others who have been adversely impacted by this trade war between the united states and china. the latest package is in the form of some 16 billion dollars, 14 1/2 billion of that in direct payments to farmers. most of the rest in purchases. this of course follows that 12 billion dollars aid package from last year. now, the president is saying that when it is all said and done here, he claims that china

will foot the bill. >> it all comes from china. we'll be taking in over a period of time hundreds of billions of dollars in tariffs and charges to china, and our farmers will be greatly helped. >> however, of course that is not exactly how tariffs work. first off, china is not making direct payments to the u.s., and here in the u.s., business executives, economists say that eventually the way this filters through the system, it goes from importers and makes its way down to the consumer. christina? >> thank you, blake. let's bring in north dakota senator. you are on the agricultural committee. you chaired the appropriations subcommittee overseeing the usda. the president says -- i'm going to go straight into this. the president says china is going to pay for this. essentially what does that mean? does that mean tariff revenue is guaranteed? is that statement right?

>> understand we collected more than 40 billion in tariffs last year and it's already at that level and more this year. so the tariff revenue far exceeds the assistance that farmers are receiving. >> congressman, tariff revenue legally cannot go to agriculture. this money is coming from the taxpayer, commodity credit corporation, so i'm just wishing -- i'm hoping that the president maybe has talked to you about where this money is coming from. i must tell you somebody who cares about every dime that's going through the system, this does not make any sense at all. what do you think about that >> tariff goes directly into the treasury. this funding in the ag assistance comes under the commodity credit corp. program. the point is it is substantially less than the tariffs. also the tariffs to the extent

that the producer or the exporter cannot pass those along are paid for by china. to the extent they can pass any along, the consumer will incur part of that expense as well. >> the consumer is the one that is paying. tariffs are assessed on americans. they are taxes on americans. let me ask you -- >> if all that cost can be passed along right away, which it cannot, and remember the objective is not tariffs. the objective is better trade agreements, so hopefully we get these trade agreements in place sooner, not later so that you wouldn't have the tariffs -- >> let me ask you this question, essentially we are paying farmers not to grow crops. how is this different from what socialism is, what chavez would do, for example, in terms of nationalizing the means of production? >> no, that's not how it is structured. it is an additional payment the farmer gets because of the low price. he still grows his crops. he still markets his crops. but then this is an additional

increment he gets because of the impact of the low commodity prices, which result from china targeting our farmers in this negotiation, and remember, the administration thought they had an agreement in principle the week before last, which china backed up on, so they are delaying the negotiation, and they are targeting our farmers. this is part of keeping farmers in the game and showing china we intend to win this negotiation. and the goal is lower and less tariffs. china has tariffs on us right now. so if you want to argue that people are paying tariffs, those exist right now. let's get to a situation where we have open free and fair trade. that's the goal here. >> just out of curiosity, do you think the usmca passing would make a great deal of difference to farmers? is that something we should be pressing very hard to happen in congress? and what do you think the odds of that are? >> thank you very much. absolutely. i agree that we need to get usmca passed. as you saw, the tariffs have gone off on steel on aluminium. both canada and mexico have

eliminated their retaliatory tariffs. there is no reason to wait any longer. it is not only good for agriculture, it is good for manufacturing, for energy, for technology and our other industry sectors. it has to start in the house. we need the speaker to put it on the floor. it would pass with a big bipartisan major any the house and we're -- majority in the house and we're ready to do it in the senate. let's do it. >> as far as who pays for the tariffs, if you can't pass it through, it is american businesses. americans will pay for this one way or another. to say china is paying for these tariffs, it is disingenuous, sir. >> no, i'm saying it is both. some of the costs are borne on both sides. >> sir, that's not true. whoever brings the product into the country, it is that company brings it in, sir, or they pass

it along. >> that's who you collect from. ultimately who pays for it is that allocation of cost. that's who you collect from because you can't collect from somebody in china, and you know that. >> that's right. so, sir, you are correct, you made my point, we collect zero from china. i'm glad you agree with that. please tell the president, sir -- >> no, no, you are talking about cost allocation versus who you actually collect from. those are two different things. >> can i interpose a thought here, which apparently in the first round of the tariffs actually chinese companies did in fact lower their prices to some degree in order to help the effect of those tariffs? to your point in fact china was paying for some of that, is that correct? >> that's exactly correct, yes. >> china is playing hard ball too, and i don't know necessarily if they are going to slow down. you have the sale of u.s. treasuries to the tune of 20 billion dollars, fine, we didn't think they would put that card on the table. then you have the fact just this

week alone you had president xi jinping and the vice premier going to a rare earth company and pretty much telling us they're willing to cut ties and we need that material for a lot of our telecom industry, industrials and defense. are we underestimating how long china can play this game with us >> it is hard to say because it's clearly having an impact on their economy. the thing is, though, they backed up on the administration -- they backed up on our negotiators the week before last. you know, it looked like we had an agreement in principle, so it is having an impact on them. i think we really have to look to the g-20 as the next window to see if we can get an agreement. >> what do you do next year, sir? the question i had to ask you, sir, and we got kind of sidetracked on who is paying for tariffs. we obviously disagree on that, sir. >> okay. >> i would like to ask you about farmers. i grew up in farm country in west texas. we are losing the soybean contract forever to brazil. they have a product that is

actually slightly better than the united states at 37% protein compared to 34% protein of soybeans in the united states. are we going to have to bail out our farmers every single year, sir, because we are losing these contracts forever? >> i might debate with you on quality of soybeans too. but your underlying point is a very important point. we put an incredible amount of work into building these markets and that means not only working to get the customer within china, but also the transportation, working with the rail lines, with the shipping lines. there's a lot that goes into this. you make a very important point, and that's one of the reasons we keep pressing to get these negotiations done sooner versus later so that we don't lose those markets long-term. >> congressman, what do you tell the other industries that are not being subsidized, that maybe need to be subsidized. we're hearing about toy companies and the sneakers and shoes. is it fair that they don't get

anything while the farmers just got 28 billion dollars over the last year? >> it hits the farmers right up front, i mean, because they have already been impacted. they are a second year into it and now you are just talking about some of the consumer goods being impacted as well. also we've asked for a product exclusion process to try to help manufacturers that import components from china. so we are trying to take some other steps as well. >> senator, i really appreciate you taking the time to speak to us. i know we threw a lot of questions at you. >> good to be with you, christina. thank you. >> thank you, have a great night. >> thank you. we have some breaking news right now. reuters reporting the boeing 737 max may be back in the air next month. the faa officials reportedly telling members of the u.n. aviation agency they expect to unground the plane as early as late june. president trump grounded the 737 max back in march after an ethiopian airlines crash killed 157 passengers including eight

americans. and the fight to fly, one huge american flag. camping world chairman and ceo marcus responds to one town's demand to take his flag down. he will join us, coming up next. we also are going to continue with the feud between president trump and nancy pelosi. that's escalating today as concerns grow over whether big ticket agenda items will sit idle on the sidelines. a live report from capitol hill next. >> what he is doing is an assault on the constitution of the united states. we can walk and chew gum at the same time. i hope he can too. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase.

but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. (vo) ♪ i know what you're thinking. electric, it's not for you. and, you're probably right. electric just doesn't have enough range. it will never survive the winter. charging stations? good luck finding one of those. so, maybe an electric car isn't for you after all. or, is it? ♪

we're on the move. hey rick, all good? oh yeah, we're good. we're good. terminix. defenders of home.

it's a revolution in sleep. the sleep number 360 smart bed is on sale now during our memorial day sale. it senses your movement, and automatically adjusts to keep you both comfortable. it even helps with this. so you wake up ready to hit the ground running. only at a sleep number store. save $1,000 on the new queen sleep number 360 special edition smart bed, only $1,799. plus, 0% interest for 36 months. ends monday. sleep number. proven, quality sleep.

>> the whole democrat party is very messed up. they have never recovered from the great election of 2016, an election that i think you folks liked very much; right? well nancy pelosi was not happy about it and she is a mess. >> we have more inflammatory remarks today from speaker pelosi after president trump cancelled his infrastructure meeting with democrats after being accused of engaging in a ever -- in a cover up. hillary vaughn has more. >> bottom line pelosi is not apologizing in fact she is doubling down after accusing the

president in engaging a cover up yesterday to the meltdown meeting over infrastructure and now she says the president needs an intervention. >> another temper tantrum again. i pray for the president of the united states. i wish that his family or his administration or his staff would have an intervention for the better of the country. >> the president moments ago not letting what happened in that meeting go. there's been a lot of back and forth, not about the infrastructure meeting that was called off, but whose demeanor or what the president's demeanor was like in the room. >> you had the group, crying chuck, crazy nancy, i tell you what, i have been watching her, and i have been watching her for a long period of time, she's not the same person. she's lost it. kelly anne what was my temperament yesterday in the room? >> very calm.

they were saying temper tantrum, that was a lie >> the divide between democrats and the white house is getting bigger but still congress is figuring out a way to get things done. the senate just passed in this hour a disaster aid package, 19 billion, so now the house needs to sign off on it. christina? >> great stuff, hillary, thank you. here with us now we have got congressman, member of the house infrastructure and transportation committee. thank you for joining us this evening. >> christina, thank you for having me. >> congressman, with all of this heated rhetoric from both sides, is anything ever going to happen with an infrastructure deal, a spending deal, can we get anything done right now? >> i'm still hopeful. you know what? we got -- this is -- the american people, they just hate washington politics. every time i come home, and i'm home this week, and i'm sure i'm going to hear it again. we have got to put these washington politics aside. we've got to put the interest of

the american people number one. we've got to begin to do our jobs. i'm still hopeful we can do that and i'm hopeful that speaker pelosi can kind of quit the antics and political games and gamesmanship and we can get to the table and negotiate something that will work for the american people. that's our job. >> congressman, liz peek here, thank you for being with us. it seems to me she was never sincere in working with the white house on an infrastructure bill. this was simply posturing so that she could go to the american people in 2020 and say yes, we tried to get infrastructure done, but the white house blocked us at every move. i really don't think there was a sincere effort here. i think the president in fact would like to get something done. let's face it, the whole issue came down to who is going to pay for it and how. as far as i know, there's not even been any kind of proposal on that. do you know differently? has there been some fleshed out proposal on either side? >> no, no, and you are exactly right. first of all, i think you are right about speaker pelosi.

i think this was -- the way i would characterize it is she poked a stick in the president's eye. >> right >> an hour before both parties were planning to come together and try to engage in good faith negotiations. you are right, i think it was to sabotage what would take place so she could have an excuse not to get something done because she does not want the president to achieve any type of victory, particularly on transportation in a year that's lead into the election. in terms of whether they have proffered anything, no, they haven't given a top line or how they would pay for it. the republicans on the infrastructure committee stand ready to have a committee hearing, let's hash it out and figure it out. we need to come up with solutions on how to fund long-term transportation. we have a transportation trust fund that's going to run out here in 2020. so we better get about the people's business. that's what they expect to us do. >> congressman, it's easy to blame the other side. i want to make it very clear, sir. i'm rooting for you. i'm rooting for the president. i'm rooting for our country to

get something done, but it is like two 8-year-olds right now. you have the president saying that nancy pelosi's a mess. you have her saying that he through a temper tantrum. i don't know how anything could possibly get done. you mentioned the democrats don't have a way to pay for this. but sir, you guys right now in charge and you have trillion dollars deficit yourself when we have 3% gdp growth. this is the most spending in our country's history. what are the republicans offering, sir, to both curtail this spending somehow and somehow pay for this infrastructure bill? >> well, i will say the republican study committee and you probably know this, here just recently proffered a budget that would in fact balance our budget within a few years. so to say and suggest that we have not done anything is just simply inaccurate. as you know, the democrats control the house right now. it's their job to put a budget on the table. they missed that deadline several weeks ago, and it's their responsibility to do it. the minority party certainly can't have budget hearings to discuss what those top lines are

going to be. that's the house democrats that are responsible for that. >> congressman -- >> sir, wait a minute, if i can follow up, sir. that's not very fair, sir, because the two budgets that we have right now with trillion dollars deficits, sir, you guys control the house and the senate. you can't blame that on anybody else. it is 100% in your lap, sir. what do you say about having trillion dollars deficits right now with 3% gdp growth that this is the most spending in our country's history. >> i would say the most spending in our country's history was when barack obama was in the white house. to say republicans don't have some responsibility for it would be inaccurate. we both do. both parties have a spending problem. i firmly believe we don't have a tax problem. we're not taxing too little. we're spending too much. that's why i just suggested to you that one of the solutions we have proffered, the republican study committee which is made up of approximately 145 members of the florida house has indeed

suggested a budget that would balance within probably six or eight years is my understanding. so to say we haven't proffered something is inaccurate. i would agree with you, we have been partly responsible in the last several years certainly in making this deficit continue to rise. and i agree with you something has to be done. >> congressman, i like the optimism, best of luck with working with the other side because we need people like you. thank you. >> thank you. it's good to be with you. >> thanks. the fight to fly one giant american flag. one north carolina city is suing an rv dealer because it allegedly violated a city ordinance. but ceo and millionaire marcus lamonis says he's not taking down the flag. we will ask him how far he's willing to go, next. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and

i should have changed a long time ago. we're the tenney's and we're usaa members for life. call usaa to start saving on insurance today.

and we're usaa members for life. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver problems. slow heart rhythm has been reported. tell your doctor about bleeding new or unexpected shortness of breath any planned surgery, and all medicines you take. if you recently had a heart attack,

ask your doctor if brilinta is right for you. my heart is worth brilinta. if you can't afford your medication, astrazeneca may be able to help. controversy over the stars

and stripes. statesville north carolina suing the rv retailer over what it called a gigantic american flag. officials saying the flag violates a city ordinance limiting a flag's size and height. marcus lamonis the chairman and ceo of the parent company is not giving in. he's right in front of us now. he join us. marcus, thank you very much for taking the time out. you are being fined, what, 50 bucks a day and retroactively you owe, what, $10,000 maybe up till this point. there are some rules. let's throw those rules out the window. how far are you willing to take this? >> we're not going to throw the rules out the window, but for me rules are meant to really enforce people to not, you know, hurt people or to break real laws. in this particular case, i'm going to take it as far as i have to. we have flown this flag for a long time. we didn't ask for this lawsuit. we fly this size pole this size

flag in over 180 stays across the country. it's been something that's been part of my dna since i was a kid. as i have told the city, when they filed the lawsuit and they're seeking the motion for injunction, it is not coming down under any circumstance. >> marcus, first off, if i was able to get rid of these wires and this mic right now, i'd be giving you a standing ovation for standing up for our great american flag. so congratulations. you know, i looked at the picture. all we see is this majestic flag waving in the wind. i went to your website. i signed the petition also. my question is, have you been able to meet with any of these people that are making these decisions to describe to them why you are flying this flag, what it represents, what is it about? have you met with them? have you been able to embarrass them into thinking a little bit differently? >> no, because i think at the end of the day, right, we know that before the flag pole goes up and before the flag goes up,

we want to ensure that people are safe. we're not messing with the faa in terms of air traffic rules. from what i understand, there are eight members of this city council, four are brand new. four are historical. and the last i understood that it was a 5 to 3 vote against increasing the size of the flag ordinance. it's odd to me that you would approve 130 foot flag pole and then ask us to fly a postage stamp on it. it doesn't make any sense to us. so, look, we don't -- i don't normally advocate for, you know, violating ordinances and things of that nature, but we have 14,000 employees and, you know, several million customers, and i have a fiduciary responsibility to follow their edict as well, and everybody is saying we're not taking this flag down. marcus, if you go to jail, we'll visit you, but we're not taking the flag down. >> marcus, john layfield here. it is wonderful to have you ton

show, sir -- to have you on the show, sir. i applaud you. i'm glad you are on the number one business show in the world. this is where you belong, sir. i want to ask you, though, are you willing to go to jail? there's an injunction if it is passed by a judge, you could end up in contempt of court. are you willing to go that far, sir? and welcome to bulls & bears. >> thank you, guys. what's been told to me is the way this process works, city files a lawsuit. they are seeking the injunction. the fine as i've told everybody make it 50, make it 500, make it 5,000, this is not about dollars and cents. this is about doing what's right. if you told me the name of my business had to come off my building in exchange for the flag staying, i would say fine. i will take the name of my business off the building. what i've been told is that if the injunction is granted by the court, that i will be instructed to take the flag down. i have been very transparent from the beginning that i will not do that. i've been notified by several people that that would result in

me being in contempt of court, which would be unfortunate. i would never want to break the law or, you know, be in contempt of any court of any kind, but in this particular situation, i understand that if i don't comply with that order, that i could and would be arrested and put in jail until the flag came down. >> marcus, this is jonathan hoenig. thank you for being with us. i have to ask the stock of your company is down about 75% in the last two years. who is paying the fine? and don't you think that this is a potential legal liability that, for example, you will have to disclose in the quarterly reports when it comes to the price action in your publicly traded company? >> look, my publicly traded company camper is doing just fine. i can't really comment on why the stock price is what it is. as you guys know, i own over 36 million shares. >> is the company paying the fine? are you paying the fine, sir? >> i'm willing to pay it. the company actually doesn't even employ me. i'm not -- i don't receive a paycheck for running the business. >> okay. >> if the company or the board

of directors asked me to pay that fine myself, of course i would do that. in this particular case, i think the board of directors and the company would like to pay the fine themselves because they believe that this is a stance of our company, not just a marcus stance. >> marcus, generally speaking, a lawsuit like this is not filed unless there's a group of people pushing a town to do it. and it looks to me like this flag is flying pretty much in the middle of nowhere. who is it that's so offended by this? >> i don't know. i mean, it is somewhat in the middle of nowhere, and it is far removed from the freeway. what i ultimately think has happened is understandably so you have some city council folks that want us to comply with their laws in that town. here's what's ironic, we're in a county where we have another store about 7 miles away in a town called mooresville, which is in the same county as statesville, which is the town that is suing us, and the same exact flag with the same exact size is flying in mooresville,

and that county and that particular town has no issue wit. we have 13 other stores in the state of north carolina that also fly the same flag, and so it isn't a north carolina south carolina thing. and unfortunately, in this particular town, with city officials, who believe that their particular ordinance is appropriate. >> i have one question for the panel. when is it time for the federal government to create a law that says look, as long as people are safe, as long as the faa isn't in trouble, there should be no restriction of size of the flag. in fact, it cost us $100,000 to put this up, and i don't ever want to be an obstinate person, but i would love to have the largest pole and the largest flag in the state. if it means that we'll spend a million dollars to do it, that's fine. >> marcus, if you were asking us about the federal government and what we think of them fligright, we would be here for about three hours. we need to hold off on that.

>> marcus, it can be interpreted whatever way going forward. another company could put up another flag, maybe not of the american flag, but a flag of someone's face or its home country, what right do they have, if you can go ahead with a large flag, why can't they? >> because i don't consider a logo or a brand of a company or somebody's face or something that we all know isn't appropriate to be deemed in the same category. the flag isn't a sign. i don't own the logo. it belongs to this country, the men and women that fought for us. it belongs to them. if you put a flag of somebody's face or their company logo, then in my opinion, it falls under the sign ordinance. if anybody wants to debate with me whether the flag is a sign or not, i would be glad to spend as much time or money doing that. this flag does not belong to me. it does not belong to the city of statesville. it belongs to the men and women that gave me the ability to enter this country as an immigrant, have a business, have a job, and i'm not budging. >> maybe you should just move out of that town into one that's

a little bit more friendly for our flag. >> that would be giving it up. >> i will tell you why i won't do that because 14 years ago we moved into this town. it was the first business i had in north carolina. we love our residents. we love the employees there. they don't want to pick up and move and change their commute because a few city officials don't like the size of the flag. i'm not just going to take the approach well i'm going to lock my business up and move it. i'm not moving. my business is doing just fine there. >> marcus lemonis, thank you very much for joining us on fox business. fight the fight. you can do it. >> you got it. thank you, guys. >> thank you. you've seen the polls, but what do college students really think about socialism and capitalism? i actually went to go see for myself, and the answers, they might surprise you. >> want to pay more taxs? >> yes. >> you are going to pay for everybody? >> yes. i'm willing to pay for everybody.

[ 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 ] yes, and they could save a ton. you've done it again, limu. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

i'm begging you... take gas-x.ed beneath the duvet your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight. the capitalism versus

socialism debate continues on the political stage. but how many young people really know what this is all about? i went down to the nyu campus to find out what students thought was the best policy for america. listen to what they had to say. >> socialism, capitalism? which one? >> capitalism. >> why? >> i don't know. wait, socialism, that's what we were talking about. >> socialism versus capitalism. >> socialism versus capitalism. >> can you define both of them? >> socialism versus capitalism. >> i would say socialism. >> younger people seem to be geared towards socialism, government paying for everything. do you think that is a good thing or bad thing? >> i think it is a good thing. >> a lot of appeal to socialism. a lot of european countries follow that model. >> bernie believes in taxing the wealthy people that have worked hard for the money and believe that medicare for all should work, but how do you pay for something like that. >> i don't know exactly how that

would work out. >> do you want to pay more taxes? >> yes. >> you are going to pay for everybody? >> yes. i'm willing to pay for everybody. i know this country has been founded on capitalism but a lot of the ideals are kind of i think messed up. >> can you define socialism for me? >> no. >> can you define capitalism for me? >> no. >> they both are evil to me. i believe anarchy. >> bernie sanders says free school, free education, thoughts on that? >> i don't necessarily know if i think school should be free, but it definitely needs to be a lot cheaper and more accessible. >> what does that mean? lowering tuition or providing more scholarships? >> i would say both. >> who is going to pay for those scholarships and who is going to help fund the universities when they are not getting as much money? >>

[laughter] >> so i did speak to a lot of these students before. they knew i was going to ask them those questions. what i did find from a lot of the younger people was that overall their definition of socialism and capitalism was very different. and then the big follow up question is how do you actually go through with this? how do you pay for that? unfortunately, that's where it's just -- >> this was really fascinating. you took the time and actually spoke to some young people. you see their confusion. they have heard these terms bandied about for years an years. -- years and years. they have never actually been presented with what capitalism is. >> they live in it. of course they have. >> i would ask them, who owns your life? is it the government? the environment? the greater good? if you own your own life, if you own your own liberty and the pursuit of happiness, then you are for capitalism. the problem is so many of these young people have no idea what capitalism is about. >> i think actually it is an incredible indictment of our

universities that people are this far along in their education and they have no idea what those terms mean. i do think by the way that it would be smart to start rebanding capitalism as free market enterprise or free market capitalism because that sounds appealing, and what it sounds like right now is zero. they have no idea what that means. >> that's why before the panel jumps in, but then you can rebrand socialism -- >> that already have. democratic socialism. >> you are saying let's just rebrand it all. >> why not. that's what we're championing. >> what happened at the beginning of this segment was very interesting because you actually referred to yourself. that's tv at an expert level. you threw it to yourself. i may have been clueless when i was 19. i'm sure i probably was. these kids just seem clueless. maybe that's a sign of age, not necessarily a sign of intelligence. i hope that's the case. did you leave this thinking we're screwed? >> no, because there was some students that didn't want to go on camera. they saw maybe the fox flag and they said no, but they did have

some interesting comments on a mixed society that both can exist but unfortunately a lot of those comments weren't on camera. >> 100% of their professors are socialists. >> we don't know that. >> what kind of ideas are they getting? they are getting 0% capitalism. >> let's not make sweeping statements. >> i felt like i was watching the honeymooners out of half of them. here's the problem, a bunch of these people actually think everything is free. and they actually think it's just going to be given to them. and they actually think there's not going to be any repercussions, and they actually think socialism is not a con, then is the amazing part about all of this. -- and that is the amazing part about all of this, not all of them. i don't think they do the work to really understand that they have not gotten into the system to really understand it. i've got news for you, they are in for a rude awakening when they get into the system. i can promise you that. >> gary, i don't really think they think everything is free. i just think they really haven't thought about where everything

comes from, how the budget works, etc., etc. again, i think it's an indictment of our educational system. these kids should know more than this at this point. >> should they, though? it's exam time. they were stressed. i happened to catch them on a big day. guys, these are young students. like, give them a break, no? >> i think it's an indictment of bernie sanders and those people that are conning these people -- >> that's true. >> -- into all this. bernie sanders has never created a job or a dime of wealth, but he wants the state to run everything and have his greasy grimey hands all over everything and tell them their lot in life will be better because of him. >> socialism of course seems benevolent. it seems kind. you know, capitalism, you are only out for yourself. this is what these young people have been presented, since literally day one. so the fact they are 20 years old and believe in this, it should be of no surprise. >> okay. i'm going to leave it there because i know we could go on with this. it gets you guys animated. coming up next the population of america's three largest cities are shrinking for the first time

in years. they all have one thing in common. we will reveal what that is, next. how do you gauge the greatness of an suv? is it to carry cargo... or to carry on a legacy? its show of strength... or its sign of intelligence? in crossing harsh terrain... or breaking new ground? this is the mercedes-benz suv family. greatness comes in many forms.

visit your local mercedes-benz dealer for exceptional lease and financing offers. mercedes-benz. the best or nothing. hey, who are you? oh, hey jeff, i'm a car thief... what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪

beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond.

residents are fleeing america's three largest cities all three are led by democrats. according to a new report, this

exodus from los angeles, new york city, and chicago is over rising crime, congestion, massive taxes, and a lack of affordable housing. this as the new york times is releasing a new op-ed titled "america cities are unlivable, blame wealthy liberals" while talking about livability in california the op-ed goes on to read what was a crisis is now an emergency that feels like a showcase of american inequality. guys, i know this is going to touch a few chords, especially considering where we all live. panel, do you agree that the wealthy and the progressives are to blame for this exodus? >> well, people vote with their feet. people are leaving these very high tax high regulation areas, like chicago, and you have seen that. what's so tragic is not necessarily what happens to the super wealthy. they are the ones who are staying. they can afford to stay in san francisco, new york, even chicago. it's the people who have owned their homes for, you know, 10, 20, 30 years who have paid them

off and now can't even afford the real estate tax. thankfully we still live in a free country and you will continue to see the exodus from high tax areas, probably going to texas unless some of these policies get reversed. >> but honestly, it is an unforgivable degradation of these great cities by democrat politicians who are pandering to reliable voting groups whether it's unions or minorities or whatever. i would single in -- or focus in on the one thing which is reversing broken windows policing which basically made all these cities safe, at least new york city very safe for a period of time and now we're reversing it because it is unfair to minority communities. what's unfair to minority communities is going down on law enforcement because that's the people who are asking for better law enforcement, but it is true, the cities are less safe. they are certainly less clean. i mean it is horrifying to me. it's horrifying progress. -- lack of progress. >> so let me tell you a little story. both my sons ditched me and moved up to new york city, and like the great dad that i am,

i'm moving up there, and i've been doing my due diligence on pricing, real estate and taxes, and i must tell you, my head is exploding in comparison to being here in florida. it is nightmarish what they go after when you're in new york city. and i get why people leaveoming live, so i have to think doubly, but my kids win out at all times, butyou. >> yeah, and i don't think you can necessarily blame one side or the other. i think it is politicians in general. you look at the options that you have, what jonathan is talking about specifically, you look at a city like houston, texas. houston texas has fully funded schools. they have a fully funded police department. they are not cutting social services. there's no state income tax. there's no city income tax. so you could change that to say new york which is right now at incredibly high tax area that is cutting services. you have a retired fire

department that is being paid more than the current fire department. there's a lot of legacy issues. that is not an easy fix. i agree with you, liz, about the broken window policy, about policing, but it's not an easy fix. this has taken generations to happen. money can move, and that's exactly what's happening. >> yeah, but john, houston and texas are republican areas. what i'm saying is and those kinds of policies that worked well gave new york a new life under rudy giuliani and then mike bloomberg. it is all about policy. you can't escape that. it is policy driving taxes and law enforcement and everything else. it's a disaster when you get these democrats in charge in my view. >> john, we're going to leave it there, last word goes to liz. >> yay. >> panel, our viewers that are watching, remind you to tweet, would you be willing to give someone al your measurements and undergo a 3d body scan? what if you got paid 25 bucks. one major firm hopes money will

persuade people to share intimate details of their body. we will have the details next. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.

going back to the doctor just for a shot. with neulasta onpro... ...patients get their day back... ...to be with... ... family... ...or just to sleep in. strong chemo can put you at risk of serious infection. in a key study... ...neulasta reduced the risk of infection from 17%... ...to 1%... ...a 94% decrease. neulasta onpro is designed to deliver... ...neulasta the day after chemo... ...and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome... ...have occurred. report abdominal or shoulder tip pain, trouble breathing... ... or allergic reactions to your doctor right away in patients with sickle cell disorders, serious, sometimes... ...fatal crises can occur. the most common side effect... is bone and muscle ache. ask your doctor... ...about neulasta onpro. pay no more than $5 per dose with copay card.

you can earn $100 off your deductiblee, 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. oh, gosh. sweet, sweet. amazon is now offering $25 gift cards in exchange for 3d scan of your body. the company is inviting people to its new york offices for 30 men out appointments -- minute appointments where they will measure your wait, your haigeig along with 3d photos videos with you with form fitting clothes or

swim wear. they could use this as a way to virtually shop for clothes on their website. always for you guys on how we can improve your experience. the company promises it is not for marketing purposes. would you do it for $25 amazon dollars? >> i have done this because i'm a video game character on a 2k character so i have a video game character. the problem is it's just like me. it has the pigeon toed feet which i wish they would have straightened out. i have been heckled about that since i was a kid. i have fat clothes, skinny clothes because i gain and lose weight all yearlong. i don't see how this could work for most of the world. >> i knew this panel would get intimate with this. >> my great grandpa once said there's no way i'm doing a body scan for $25, especially a 3d body scan. by the way, amazon now is the vice to check out your human

emotions. it is getting very weird out there. it is like i'm watching that movie irobot or something. no thank you, enough with the amazon stuff. >> if you're really hard up for the money, honestly, a donation might be a better -- >> you've got to be kidding me. >> you're minimizing -- >> i agree. >> this is a family show. here's the deal, guys. this is really important for retailers and for apparel companies generally. >> oh, yeah. >> no, seriously because more and more sales are on-line. one of their biggest costs are huge amount of returns because things don't fit. that's what amazon is trying to do here. i think it is genius. if it works, it is going to go everywhere. no, i'm serious. >> to that point, you're saving money by the returns, but at the same time, they will have every bit of information on you. and that to me -- >> until you gain weight. >> until you gain weight.

>> which is a big thing. [laughter] >> they are a bunch of stalkers. alexa follows you around wherever you go. enough. >> guys, thank you. thank you. that does it for bulls & bears. great night. thank you all for joining. the dow dropped nearly 300 points, but tonight the fast and growing trend of u.s. and european companies leaving china behind, putting factories elsewhere in southeast asia. also mexico and the u.s., this is a big problem for china. it is a trend that the president already pointed out. so the white house, president trump, 16 billion dollars relief package for america farmers. we've got live reaction. and also president trump unloading on nancy pelosi, for the first time calling nancy crazy nancy pelosi. calling democrats a mess and chuck schumer again saying he's crying chuck. tonight to what critics are now calling the do nothing go