tv Bulls Bears FOX Business June 6, 2019 5:00pm-6:01pm EDT
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can you believe that? melissa: no. connell: 150 million, two go to susan li. you do the math. anything they are doing to get rid of them, we're in favor. you like that app. melissa: good stuff. thanks for joining us. connell: "bulls & bears" starts right now. david: vice president pence taking questions right now in the ongoing negotiations with mexico. let's listen. >> we began last fall to implement what's known as the remain in mexico proposal. at this point, we are returning hundreds of people back to remain in mexico while their asylum applications are being processed. but we spoke about that, we spoke about other arrangements, but the bottom line is we made it very clear that mexico has to step up, they have to do more, and they have to do more quickly. the american people see what's happening at our southern border. as i talk to border state governors, the heartbreaking
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stories of vulnerable families, last month alone, of the 144,000 that came across our border, 100,000 were families with children. now, again, the drug cartels are essentially telling people if you bring a dependent child with you, you can exploit loopholes in our laws. that has to change. it has to change on both sides of the border. congress needs to act, but we will continue to call on mexico as these discussions continue to take actions necessary and reach agreements with the united states that will allow us to in effect take that enticement away from people that are being exploited by human traffickers. [ inaudible question ] reporter: what other remaining hurdles to get something done by monday? >> well, let me say the president has no timetable.
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we have announced 5% tariffs are going to be imposed on all goods coming in from mexico on monday, and if we don't see the results that we need to see, we don't see action by mexico in the months ahead, those tariffs will increase. but that being said, the mexican delegation asked for an opportunity to meet to bring us proposals about how they can address this issue and respond to the president's call for action. and we listened to them yesterday, as i said, they brought a number of proposals. mostly having to do with internal security within mexico that we listened to, but as the president made clear, we made clear to them it's not nearly enough. we call on them to do more. i'm encouraged that they came today with more, but it will be a matter for the president to consider what they're offering and for us to evaluate those proposals to determine whether or not it will be sufficient to really bring this crisis of illegal immigration at our southern border to an end.
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that's our objective. reporter: you're saying 5% tariffs will be detrimental to the u.s. economy. are there discussions about those concerns? >> look, the american economy is booming. we have seen 5.8 million jobs created in the wake of the president's effort to roll back red tape, cut taxes, unleash energy. you see job creation all across pennsylvania and all across this country, and we will continue to advance policies that will create a growing america, but we have an undeniable crisis on our southern border. the president and i have literally been talking about it for the past two years. we heard from the other party that there was no crisis for a time but now i think every american recognizes it. and every leader in the democratic party should recognize that the crisis is real, it's time to set politics aside, congress should come together and work in good faith
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to pass the kind of changes in our immigration laws that will take away the enticement that human traffickers use to attract vulnerable families to make the long and dangerous journey north. we think that's the priority. we will continue to stand for a growing economy, but ending the crisis on our southern border is the number one priority for this president and this administration. >> last question. reporter: as of now the tariffs will go into effect on monday and how optimistic are you that any agreement will be reached between now and monday? >> well, the president announced 5% tariffs will be imposed on monday on all goods coming in from mexico. that's the policy of the united states. the president has said what he means and he meant what he said. we made that very clear to the
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mexican delegation yesterday, that for anything to change, either before or after monday, mexico has to step up. mexico has to take decisive action to end this surge of illegal immigration that is literally overwhelming our southern border. there's actions they can take. we made recommendations to them. there's been some movement on their part that's been encouraging but at the end of the day, as those discussions have wrapped up today, we will evaluate those proposals and we will present them to the president, but ultimately, president trump will make the decision whether or not the actions that mexico is prepared to take are sufficient for us to consider changing course. but at this point, the tariffs are going to be imposed on monday. we have made that very clear to the mexican delegation. but discussions are going to continue in the days ahead and
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our hope is that mexico will respond. the president's fully prepared not just to impose the 5% tariffs but to increase those tariffs in the months ahead. but we hope for better. we hope to see mexico step up and take such action as necessary to end this crisis of illegal immigration at our southern border. if they take that action, we believe we will be the best neighbors they ever had. we want to see this issue resolved because as i said to the mexican delegation, there are people being hurt on both sides of the border and time has come for mexico to do more. we will continue to call on our congress to do more, to close the loopholes in our law, but mexico and the american people can be confident president donald trump is going to
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continue to stand firm until we end this humanitarian and security crisis on our southern border. thank you. david: vice president mike pence, one of the lead negotiators this week as the mexicans came in to try to talk us off of those tariffs that are going to go into effect beginning on monday. they start at 5%, go all the way up to 25% in a few months. but today was a very optimistic day. there was news that was coming out of washington, in fact, there was some kind of agreement or at least the first steps towards an agreement that the mexicans were beginning to change their attitude, that they were offering help that they haven't offered before. the market responded tremendously. at first it was up about 250, 260 points on the news, came down a little bit, but did charge ahead, ending the day to the upside big-time, 180 points on the dow and all of the indexes, as you can see, were up. that may change tomorrow as a result of what we just heard
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from vice president pence, who poured some cold water on reports of progress. this is "bulls & bears." thanks for joining us. i'm david asman. we have kristina partsinevelos, liz peek, jonathan hoenig and gary kaltbaum. let's go straight to jackie deangelis, who is in d.c. and has been following this. all this optimism and we had a big pile of cold water, let's put it, put on the optimism by the vice president. what's going on? reporter: that's right. there were a ton of different reports out today, certainly having an impact on the market. the vice president making a very clear statement there that tafrs will go on on monday and reiterating that position. white house press secretary sarah sanders gave a statement saying the position of the white house has not changed and we are still moving forward with tariffs at this time. meantime, two administration officials told fox news that while talks have been going well with the mexican delegation,
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mexico as you said was making some proposals that it hadn't in the past that could be where the bloomberg report came from, you know, and markets moved on it. bloomberg said that the u.s. was weighing delays for tariffs and time was running short, and "the washington post" was out suggesting the outline for a deal with mexico could include changing its enforcement and asylum policies. but you know, really, the bottom line is that talks are going to continue, the tariffs are going to go on on monday and an administration official also tells fox news another round of talks are going to take place here in washington at the state department tonight. we will be watching that very closely. but vice president pence really setting the record straight, if you will, after a lot of back-and-forth today. david: we have to remind everybody, if they have forgotten, the president is not here right now. he's coming back from europe. lot of people are kind of waiting to see what he thinks about all this. of course, his decision will be the final decision on this matter.
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jackie, stay with us. we want to bring in somebody who not only knows a lot about the issue, but who sort of forecasted what happened today. national border patrol council president brandon judd. he made the case for tariffs on mexico in an op-ed for foxnews.com, writing this kind of pressure works. brandon, i got to give you credit, because it does appear that because of the threat of tariffs, there has been some progress, again perhaps not as much as we originally thought. the vice president throwing a little cold water on it. but still, you were spot-on. what do you want to see the mexicans agree to? >> first off, we have to understand this is not unprecedented. we have forced the mexican government to get involved in illegal immigration before. if you look back in the early 2000s, where we were having most of our illegal immigration crisis was in arizona. the minutemen project were going out there to film what was going on and all of a sudden, the mexican government got involved because they didn't want the
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american public to see that this actually was an invasion. so now when you look at this and you look at the president putting the requisite pressure on mexico, they are going to do the right thing -- david: which is what? >> it's to stop the illegal immigration at their southwest border, or to allow us to send people back to mexico pending their asylum claims. >> it seemed as we were talking before this segment began that there was a very easy fix. i don't mean easy, but it's basically what we have in place with canada, where canada's people come here to ask for asylum which is by law what they have to do, then if they come to the canadian border they are sent back to canada. canada agreed to that. you said mexico has also agreed to such an arrangement. they just won't take a big number. but that seems like something that can be negotiated relatively simply and doesn't require congress. >> very simple, and it doesn't cost mexico a whole lot of problems with their law enforcement, their military. it's simply send them back to
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mexico, allow them to stay there pending their asylum claims. that will end the magnet that draws people here which is the catch and release. that will drive illegal immigration down exponentially. >> that's what we want. >> correct. >> i don't think it's that simple. you heard mexico say their economy can't hold on or can't bring any more migrants and the fact that mexico does not want to sign the safe third country which means that any non-mexicans that enter the united states must be, like you talked about, they have to leave right away and can't seek asylum. that's something the united states wants. mexico says that's a red line in the negotiation. i think that it's actually not that simple because they don't want the influx of migrants either. but somebody's got to deal with them. >> the point is it would stop. >> then you stop them at mexico's southwest border. >> brandon, look, you have been on the border, you worked on the border. i respect that. but trying to fix an immigration crisis, border crisis, with tariffs, it's like trying to hurt your neighbor by burning
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your own house down. that's exactly what these tariffs are doing. how can you make a long-term investment when literally, the president is making this up as he goes along. walmart has already said these tariffs are going to increase prices. costco has said it will increase prices. in fact, the tariffs already have increased prices. the lumber tariffs the president put on from last year are taxed at about $1300 added to the cost of every new home. you have been on the border, i respect that, but trying to fix an immigration crisis with taxes on americans is lunacy. >> where i disagree with this, that's exactly what everybody said about the tariffs on china. everybody says the sky was going to fall the moment we put tariffs on china. it didn't. the economy in the united states -- >> they have raised prices. they have raised prices. >> we haven't felt the worst yet for that. a lot of people that have been hurt thus far -- >> we are talking about right now. again, if you look at this, if we fix this problem, we save the american tax payers billions of
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dollars because we pay schooling, we pay housing, we pay welfare, we pay all of these different things. those are taxes on the american people as well. if we fix this problem, we actually save a lot more money than what those taxes on the tariffs are going to be. >> first off, this is gary kaltbaum. thanks for being here. first off, the president had to give the farmers $28 billion because of the tariffs. so it hasn't all worked out. my big question for you is what if this does turn into a china when no deal gets done for months and months and we do end up at 25% tariffs? i know what's going to happen. i think you know what's going to happen. all heck is going to break loose, don't you think? >> it already is. >> first off, i don't think it's ever going to get there because the mexican government can't withstand that. it's just not going to happen. they are going to have to do something in order to keep their economy strong. this is going to be a win/win for both countries if, in fact, a deal gets struck and we control the border. we save so much money on what
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illegal aliens are costing the american public right now which then boosts our economy. i just disagree -- >> so, just so the economists who are predicting there could be 400,000 jobs lost as a result of the mexican tariffs, is that fake news? are they just out to lunch? are they making it up? anti-trumpers? >> it could be. i don't know the answer to that question. but i do know that everybody said the sky was going to fall when the tariffs on china were announced and the sky didn't fall. david: these are the same economists who said the tax cuts weren't going to do anything for the economy at all. i don't put my money behind economists. >> we don't know about companies' investments going forward and you need those investments. we are starting to see them slow down. how is that going to help with sustained growth in the future? >> i think, i don't want to put words in your mouth, but brandon's view is this is going to have quick action. if there is a quick resolution, a quick agreement, i think we would all agree if this goes on
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for a year and we impose 25% tariffs, that would be a horrendous outcome. the betting is it can't happen. >> i might be jumping the gun but everybody else is jumping the gun as well. if you are saying i'm jumping the gun -- >> by making this statement. yes. >> then everybody else is jumping the gun by saying this is what's going to happen as well. let's play this out. let's understand the president of the united states has overseen an economic boom in this country. why not trust him to do what he thinks is best and see what happens. david: one thing that's jumping the gun are all those immigrants. you got 144,000 last month. we've got millions of people that are going to come in if we don't do something. >> that's what we're seeing. if you look at the influx of illegal aliens right now, there are more people crossing the border illegally than in any time in the history of the work force. we have never seen anything like this. >> we can all agree --
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david: guys, i'm sorry. we can continue this for an hour and a half. thank you all very much. brandon represents 16,000 border patrol agents who know exactly what they are talking about because they are putting their life on the line every day down there. we do thank you for being here. as we remember the heroic sacrifices of so many on this 75th anniversary of d-day, 2020 candidate liz warren says forget winning world war ii and liberating europe. there's an even greater challenge to america today. wait until you hear this.
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david: as we remember and honor the sacrifices americans and our allies made on d-day 75 years ago today, 2020 candidate liz warren claims there's now an even bigger challenge facing america than winning world war ii and liberating europe. listen. >> america's faced huge challenges before. world war ii. put a man on the moon. this environmental catastrophe bearing down on us may be the biggest challenge yet. david: but will putting climate change above the monumental
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challenges of world war ii resonate with voters? >> as my nanny annie used to say, oy vay. david: yiddish. >> thank you. >> we were told 30 years ago it was global cooling, then global warming, now climate change. they had to change the marketing. al gore told us 13 years ago that in ten years, we're doomed, now they moved it up. it continues to be a money grab. you cannot stop hurricanes and tornadoes and the market's working. everybody is going green. everybody cares about the environment. pollution's coming down. enough is enough. leave our money alone. by the way, all their plans are about the money. >> for elizabeth warren to equate, i mean, on d-day, what an insult to the thousands and thousands of men who gave their lives. national socialism. this is naziism.
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murdered about 17 million people, they built death camps, gas chambers. this is a totalitarian dictatorship as against climate change? we are talking about the environment here. this is outrageous and a real insult to the americans who served and gave their lives to this country on d-day. >> here's a little heads-up about just how phony this entire conversation is on the part of democrat candidates. jay inslee wants to have a debate among 2020 candidates on climate change and the dnc said no way. why? because they know voters just like in australia are not going to vote for extreme measures and the more they air those extreme measures in a debate situation, the more voters are going to be turned off. >> then why is everybody talking about it? i agree with you on that and i know you brought up australia because there's a study that came out -- david: they voted it down. >> did you also see today there was a policy paper -- david: how people vote. >> right.
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i guess maybe this is geared towards the younger population. i think you guys are just pretty much discounting what's happening around the globe. we can debate how bad it is and where it's coming from and who is responsible. we have to acknowledge ice caps are melting -- david: al gore said they would be all gone by 2014. >> what about nebraska getting the wettest may in history, the fact the rainfall, the fires in california. david: the point is, are you going to agree with people who have been dead wrong about their predictions in the past? it was in 2006 i believe when al gore said the arctic ice was going to disappear by 2014. >> we can't forget the future. david: that was four years ago. come on. >> he isn't god. >> kristina, without men, without women for millions of years since the beginning of time, we have had ice ages, we have had meltups, meltdowns, hurricanes, tornadoes. it has nothing to do with people. just enough is enough. the problem with all this, all
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roads lead to our wallets. >> you think climate change is a hoax? do you think climate change is a hoax? >> i do. >> kristina, i don't think it's a religion as unfortunately a lot of young people have been led to believe. look, this is what basically leftists came up with after vietnam to protest against. they called it the ecology movement. now it's the green movement. david: the bottom line, today is the day when we honor the people who fought something very real, very dangerous, and did threaten civilization as we know it. world war ii. we salute them. we will do a little more of that at the end of the show. life, liberty and the pursuit of housing? one key democrat says everyone should be guaranteed a home. it is a right. is it? we're on that next. we're home! let's go!
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[ inaudible ] what does that mean? what it means is our ability and our guarantee of having a home comes before someone's privilege [ inaudible ]. david: congresswoman alexandria ocasio-cortez making more headlines, this time it's her latest demand that home ownership should be quote, legislated as a human right. she says the right to have a home is more important than someone's right to make a profit. so is home ownership a right? >> no. i don't think it is. i think being able to find affordable decent housing is probably something that everyone in this country should have access to but honestly, one by one, whether it's college or housing or whatever, we are taking away the responsibility of the individual to provide for themselves and their family. i think that is the most undermining thing we could do in our society and we are doing it every day. >> i think you are spot on when you talk about regulations and
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the number of hurdles and red tape there are to actually provide the affordable housing. for example, in l.a. they have this -- they passed this law where you can repurpose vacant properties, take motels and turn them into affordable spots or maybe even homeless shelters. i think that that needs to happen more often so we can deal with the situation in america. david: in a market fashion. >> precisely. i know it's politics and that's the way it has to go with all the red tape but it's just so unfortunate. i don't necessarily think she's right, even though you could talk about the hierarchy of needs. go ahead, jonathan. >> but needs are not rights. what is a right? a right is the right to act, the right to action. this whole idea that we have a right to health care, housing, education, all that's got to be paid for created by someone else. life, liberty and the pursuit of happiness. it talks about your pursuit of those values, not necessarily having them handed to you by others.
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aoc once again is out to lunch. >> she also said something about privilege to earn a profit. yes, it's a privilege. no, people earn what they do. cory booker just proposed a subsidy for renters. now it's housing. education, health care, mandated pay. the thousand dollars a year when you're born until you're 18. i don't know where all this money's going to come from, but the old cliche that it does not grow on trees, i don't think they have heard that enough. i don't know where this started. i certainly don't know where this ends. david: you know, it started in the constitution but they said the pursuit of happiness. they didn't say you are guaranteed to happiness. it went from having the freedom to pursue happiness to having things. i think the having things is something that somebody has to pay for those things. right? >> this is a little different, having things. it's the fact that we need a
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roof, we need housing to survive. we need a roof over our head. i think it's just the very basics. >> so go out and get it, kristina. >> obviously, i understand that. i agree with you. but some people somehow fall through the cracks of the system so sometimes there needs to be a little bit of a cushion for them. david: these discussions could go on for awhile. we have to end it at that. thank you, gang. house speaker nancy pelosi reportedly doesn't want president trump impeached. she would rather see something else happen to him. 2020 democrat candidate john delaney is here to respond. he will also tell us how he is moving forward after this reaction from the far left of his own party to one of his ideas.
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top democrats she wants to see president trump behind bars. in a private meeting on tuesday night, the speaker reportedly rebuffed house judiciary chairman jerry nadler's calls to launch an impeachment inquiry, telling him quote, i don't want to see him impeached, talking about trump, i want to see him in prison. let's bring in former maryland congressman and 2020 presidential candidate, john delaney. congressman, great to have you here. politico is basing this on multiple sources who were in the room. if true, what do you make of this kind of talk? >> so first of all, you know, i don't know anything about this. this is the first time i've heard about it. so who knows what was said or what the context or any of these things. what i do know is that nancy pelosi, who i served with, is actually one of the most impressive people i have ever met in my life and i think she's actually handling this process well. a lot of her caucus are calling for impeachment. she wants to focus on oversight and investigations which is the responsibility of the house of representatives, and i think
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she's leading the house very well. but i can't comment on that story. i literally, it's the first i heard of it. >> this is gary kaltbaum. thank you so much for being here. >> thank you, gary. >> i want to ask you about this proposal and i have been looking for somebody running on the left that maybe is moderate, then i see you have a $4 trillion proposal which is a big part carbon tax, where you are taxing somebody you deem as polluter and redistribute it to somebody else. i'm just waiting to hear somebody on the left that does not have a tax. i want to hear what you have to say about it. >> so this is actually revenue-neutral. as you describe, gary, you put a price on carbon which will cut co2 emissions by 90% across a couple of decades, and you take all of that money and you don't put it in government programs or you don't do any of that stuff. you actually just give it right back to the american people. so it's called a carbon fee and dividend and i introduced the
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bill in the congress on a bipartisan basis. i had democrats and republicans who are supporting it because from a tax perspective, it's kind of tax-neutral but what it does, it uses market forces which is something i'm a big believer in, to change behavior. so you're not solving climate change on the back of working americans. you are changing behavior, chai changing incentives and leaving the american people kind of in a tax-neutral position. that's why i think it's the best way forward. it uses market forces to deal with what is a big issue. i also have a plan to basically invest in a whole new industry called direct air capture which i think is really in many ways our way out. because there's technologies that exist that actually extract carbon from the atmosphere and i think if the united states really focuses on this, we can build this huge new industry, create lots of jobs and solve climate change the old-fashioned american way through innovation. >> congressman, thank you for being with us. let me ask you, some democratic congresspeople, democratic candidates, have spoken out against socialism and they have
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been booed. let me ask you, philosophically here, do you agree that socialism is good in theory? socialism or democratic socialism, is it moral? is it right for america? >> i think socialism in its pure form is the wrong answer to every question. i'm a capitalist by nature. i started two businesses. i was the youngest ceo in the history of the new york stock exchange. i believe in the power of a free market economy. it's the greatest job creation and innovation machine ever created. but i also believe that we have an obligation to create good societal infrastructure like public schools and real infrastructure that gives the american people a shot. i believe in a strong safety net because if you believe in capitalism, you know it's creative and destructive at the same time. you've got to have programs in place to take care of people who are left behind on it. so that's kind of how i think about it. i think it's a little bit of a false choice. we're a free market economy but historically, we have done well when we have good strong social programs. >> i actually want to talk about
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that. that's perfect. we will stick with socialism. you actually spoke at a democratic california convention over the weekend and let's actually play a clip of what you said specifically about medicare for all and unfortunately, how the crowd responded. >> but we need as democrats to build an economy that works, but it's got to be with smart policies. medicare for all may sound good, but it's actually not good policy, nor is it good politics. i'm telling you. [ audience members booing ] >> it must have been really tough for you to have to go through that but do you think this is going to continue to be a major, major challenge for you going forward? >> well, look, i'm a truth teller by nature. i believe in smart solutions. there's that kennedy quote, you don't seek the republican answer, you don't seek the democratic answer, you seek the right answer. i think medicare for all is actually the wrong answer.
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because it takes about 150 million americans off their health insurance and about 100 million of them like it. i just think it's a matter of politics, it's a terrible idea. the american people ought to have a choice. i also think it's bad economics because the problem with the government is it doesn't pay enough, so like medicare and medicaid don't pay the cost of health care. if the government's the only payer, that will lead to worse quality and more limited access. but i do want to solve the problem. we have a tragedy of uninsured americans in this country. i have a plan to make sure they are all covered because right now, they are covered in a way with the worst kind of universal health care system we could design, the emergency room. my plan -- >> better form of universal health care. >> congressman, i understand your approval of nancy pelosi and i agree, she has a very, very tough job right now. my question to you is at what point do voters say enough with the investigations, let's do some legislating, let's fix the problem at the border, let's fix this health care issue you are talking about, let's move on what the country really cares
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about. david: you got to answer in 20 seconds, congressman. i'm sorry. go ahead. >> you know, i'm a builder, i'm a doer, i'm a problem solver. i think we should be rolling up our sleeves, finding common ground and getting things done. i think on a lot of these issues whether it's health care, immigration, infrastructure, digital privacy, having a technology policy for the future, there is a common ground way forward. that's what i have proved. that's why i'm running for president. david: please come back and see us again. great to see you. thank you for being here. >> thanks for having me. david: absolutely. in a stroke of irony, rahm emanuel's next move after politics is to head to wall street. we will break that story down for you next. here you go little guy.
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that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design this but give them a cookie and a star. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help.
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david: well, the former mayor of chicago, obama chief of staff rahm emanuel is heading to wall street. the move is somewhat ironic considering emanuel has heavily criticized wall street, big banks and so-called elites for about a decade now, with his most recent critique in the form of an op-ed for the atlantic just last month. now many democrats including alexandria ocasio-cortez have criticized his decision. do they have a point? is rahm emanuel a hypocrite? >> well, he's not going to wall street. my sense is he's going to go back to what he was before. rahm emanuel was on the board of freddie mac before the financial crisis.
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my sense is he's going to go to wall street but what it's really going to be is a type of public/private partnership, the government cronyism that we see time and time again when these ex-political officials get into managing the business enterprises from the outside. this is cronyism once again. this is the leftists. they always blame wall street but it's the cronyism that makes it wrong. >> look, it's socialists with our money, capitalists with their own money. that's the way it's been for a very long time, will continue to be. they go to wall street, they go become lobbyists or like john boehner, now market weed to everybody around the country. you never know what they are going to do. it's this politics, washington and wall street, it's been there forever and look how many people from goldman sachs have been treasury secretary in administrations, god bless them. >> but you know, can we just have a moment of realizing that actually those people know something about wealth creation and banking and how you create
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capital and how you fund industries and so forth. i mean, to sort of, for aoc and -- who did tweet about this and other people to come out and say oh, my gosh, he's a terrible person because he's going to wall street, okay, the guy wants to make some money. i don't have any problem with that. maybe he can actually do something that's productive for the city of chicago or infrastructure spending in chicago or something of that nature. >> there it is. there it is, liz. now you have the ex-politician using his influence with an investment bank, private investment bank, to steer infrastructure spending. that's the cronyism. >> create capital for infrastructure spending, jonathan, right? i'm sorry, you use the term public/private partnership. that's what this administration is actually hoping to do. we have seen some democrat governors use it very successfully. david: that's cronyism. >> what? >> that's cronyism. yes, that's it. >> i have a cynical view.
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don't most politicians go into the private life? they make all their cash afterwards. david: they don't have to be a hypocrite. liberals denounce capitalism when in office, except when they want to get rich when they're out of office. to liz's point, i got to agree with jonathan and gary on this, liz. i really think that that's the problem with these public/private partnerships. that's what freddie mac was. freddie mac which paid him $320,000 for i think he was there for about 14 months, i don't know what he did, but it was before the financial crisis, so it wasn't the right thing that he was doing, i mean, that's the problem when these public/private partnerships. that's exactly what freddie mac was. thank god it's now private. >> i would take exception to that. freddie mac was a confused entity with a dual mandate and it was completely -- david: but that's what a lot of democrat politicians are calling for. the public/private partnerships. >> what do you mean, democrats? everybody does that. republicans do, too. david: not everybody. >> everybody goes into the
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private sector and makes lots of money. >> can i make an overarching comment? wall street gave money to democrats. we could add there is data to show the bulk of their contributions went to democrat candidates. the fact that they basically blast them all the time, it is not only hypocritical, it's phony. >> the influence as politicians doubles and triples when they get to wall street and when they get to being lobbyists because then they go back to their friends and say look what we got for you and that's where the mix is. that's how you get the $22 trillion of debt, trillion dollar yearly deficit because you have this cesspool. i don't even know, i can't use the words on tv of these people going back and forth with our dollars. david: i'm glad you're doing self-censorship. i agree with you. sometimes it's the epitome of so-called public/private partnership where they are dealing with inside information, their relationship with the governing parties in this world are very close and they are
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there for a reason. they get the inside information before anyone else does and they make billions of dollars on it. all right. we got to move on. president trump in normandy to honor those who fought on d-day. we will show you what the president said and what the veterans remember from d-day. >> for more veterans of the second world war who join us today, you are among the very greatest americans who will ever live. patients that i see that complain about dry mouth,
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are you in good hands? david: president trump visiting normandy, france to honor the servicemen killed on that foggy day, 1944. president trump: they spoke of a sinister enemy who spoke of a thousand-year empire. in defeating that evil. they left a legacy that will last for only in the a thousand years, but for all time. >> they got off the boat and made the beach, then they were cut down immediately. then the bullets started coming into the boat. it was a bloodbath.
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>> people might think we are heroes, but the heroes are here. those are the heroes. david: some debts you can't ever pay back. is this one of them? >> it's an enormous sale of heroism and sacrifice. i urge everyone who can do so to visit the cemeteries and the beaches. i'm so glad the president spoke so from the heart today. even this critics applauded. it was a wonderful moment for him as well. >> i was there a couple months ago. i watched documentaries. as i stood on the beach i was in absolute awe. i felt the presence. my wife had to walk up to me and
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ask if i was okay. you will never forget your visit there, i promise you there. >> public servants, words are thrown around. these are heroes. we owe everything to them. honor those who didn't make it back and those who did. truly the greatest generation to remember and honor. >> it's important to point out how the countries worked together. the u.k. david: there are an incredible number of men and women who served this country. many are saying it was just one generation coming out of world
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war ii, but there are still men and women serving this country valiantly doing what they need to do. we should keep them in our prayers as well as the people who fought on d-day. liz: just an hour ago vice president pence and sarah sanders declaring tariffs still on for monday. this after markets popped higher on reports that the u.s. might delay the tariffs. this is a story at this hour. a trade war breaking out with republicans. and a whole lot more newsth this jam packed hour just ahead. i am elizabeth macdonald
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