tv After the Bell FOX Business June 12, 2019 4:00pm-5:00pm EDT
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it's been a very busy newsday. presidents making an announcement that there's an 8 billion-dollar natural gas trade deal with poland along with at 35, lockheed martin, moving over to the polish side as well. connection here put it on the screen. back in day in a row that will do it for the claimant countdown. melissal: stocks ending in red over the wall street dow ending 39 points as it settled down for the second straight day. s&p 500 and nasdaq also ending in negative territory. this marks today losing streak. hello. i'm in for melissa. >> and ashley invercargill mcshane. this is after the bell. more on the big market moment but first let's take a look at what is new at this hour. not backing down the present job is placing them on china for backing away from a trade deal and while he says the tariffs will continue if the u.s. and china cannot find common ground your live in the white house
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with the latest on this ongoing saga. press, running on socialism. democrats handled it in bernie sanders taking his progressive pitch to george washington university taking aim at president trump. why critics say his push could backfire in the 2020 race. escalating violence in hong kong. protesters clashing with police thousands of them traitors fill the streets against a controversial extradition bill they could put hong kong economic freedom at risk. our own: machine supporting from those protest in hong kong. cheryl: first foxbusiness team coverage. at the white house dieter bolton on the floor of the new york stock exchange and bill is watching the action in that contract at the cme let's start with edward. reporter: cheryl the president and first lady getting ready to host a reception for the polish president and his wife. this is all about the tightening
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of relationship between the two countries today. the president announcing a new deal for poland to buy 32f35 fighter jets, lockheed martin jets and announcing an expanded contract for a billion dollars worth of value to a liquefied natural gas contract being given to the polish the president saying the polish got exactly what they wanted in the steel and looking for a closer military relationship with the united states but the president pain 2,000 troops from germany will go to poland and that makes 6,000 troops in poland. the polish saying they will build housing for u.s. troops and no cost to america. president trump: president duda and i signed a joint declaration affirming the significant defense cooperation between our nations and as the declaration makes very clear the united states and poland are not only bound by a strategic partnership but by deep common values shared
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goals and a very strong and abiding friendship. reporter: in the next 90 days the president says he will decide if poland could be added to the visa waiver program. it's a big deal for the united states. on china the president not backing down from his hard-line. president trump: i would never make something that would be less than what we already had. we had china opened up to trade and that's a big thing. they never done that before. we had intellectual property theft taking care of and taken care of beautifully. all of a sudden those things started to disappear at the end after they were fully negotiat negotiated. reporter: that hard-line could mean or signal a prolonged trade dispute with china. the president saying he's willing to put everything else in imports under a 25% tariff after the g20 summit. the chinese for their part holding their hard-line thing if tariffs are increased or additional tariffs are added and they would respond. back to you.
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cheryl: the markets do not react to the comments from the president. let's go to market panel, jonathan, teslas hedge fund member and fox news conservator todd horwitz, todd, starting with you. the market did not react in a negative way to those harsh comments from the president. why not? >> cheryl, i think the markets are saying they know there will be a deal done and they are convinced - look at the market, it's up 1100 points and six days after he fell off. the markets seem to be little bit of wavering but up near the highs. i think they are probably overvalued here anyway but yet with the bad news that came out about the trade they sold off 25 points or again, were not going anywhere right now. now the markets are quiet and still seem to retire and they are saying there's a deal that will be done and that's what their pricing and from your. cheryl: you have to wonder, john, if this is profit-taking today as we look to the fed meeting. the fed meets next week and the
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july meeting we think the race will be covered. are you still optimistic that the feds will save the day? >> we simply don't no, cheryl. it's what makes it so disappointing and a difficult time for investors but today's market with the dow is not down too much but number of stocks with new highs versus new lows was pretty bleak. 1802 the close and only [inaudible] for the highs. the federal reserve could save up quote unquote with lower interest rates but you just can't ignore that the weakest stocks today were all those trade related stocks. shipping stocks, oil stocks, the clothing stores are down anywhere between 30 and 60% in just the last month so the trademark continues to affix is eminent and that's hurting the economy whether or not it showing up for the big economic data or not. ashley: let's get back to the china trade standoff and some companies adapting to the tariffs start saying the nintendo and google moving some of their hardware production out of china and they're not the
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only want to do this but the reason to limit the impact of the ongoing trade war. jonathan, you could argue that's a victory for president trump. that's what would happen. >> certainly in the case of nintendo a lot of these companies are not using to the united states by moving to the southeast asia for example. it's a cost of that company and economics is always a study of second and third level effects so that's what's happening in a lot of supply chain destructions whether the farmers or shrimp and deport expo and with the exports in this country this pair trade war is impacting a lot of american economy and even or not one particular haps to be moving on china. ashley: china has long been the workshop it's going to vietnam and taipei in a world because of the terrorist threat and does it not put china pressure to get a
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deal done. >> a lot of pressure on china and i disagree with jonathan. if you look at the markets it's not been a year. we talk about the economy continues to move forward and will get through all this and we have to pay more we have to bail them out. i don't see it and i don't see china backing down. or not backing down but making a deal with president trump i think right now the holding is president xi trying to take a way to save face because president trump is outmaneuvered him and outplayed him in his and up factor alley waiting to get in trying to figure a way out of this mess that he's created with the original deal. cheryl: facebook shares closed down 2% today on this wall street to report that internal e-mails can show ceo mark zuckerberg knew about questionable privacy practices at the company. let's go to deidra bolton with the details on the stunning
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reports. cheryl, that's exactly right. some of these e-mails according to our sources say that mark zuckerberg commitment to user privacy really made be called into question. we don't know exactly what e-mails are part of this program but we do know is that the fcc started investigation with facebook about a year ago and this is in response to the fact that tens of millions of users had their data show up in properly at the data firm in cambridge analytic a and larger contacts is in the run-up to the 2,000 residential election there are sources who also say and part of the reason why facebook is anxious to settle this book with the ftc is because it would rather that these e-mail changes remain private and that is part of our college excellent reporting at wall street journal for the moment saying on both of those two angles. we did see facebook move over and earlier on in the day there was an odd story about facebook.
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went to artists and one at exact who doctored a video of mark for and put it out there and they did this to promote a documentary film festival but the idea is that they did to mark zuckerberg with house speaker nancy pelosi had done to one of her videos and the artist say that was in part to prove a point but to underline that it was fake and on to promote this particular film festival. facebook shares under pressure. back to you to that video was creepily real. deidra bolton, thank you so much. ashley: creepy is a good word with jonathan, you're back here to react to this. let me begin with you this time. how much of a pr black eye is this for facebook? you know, do we care? we know the privacy is an elusive concept these days and it's almost like there's a data breach or some facebook new that mark zuckerberg doesn't seem to
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affect the stock that much. is this a big black eye for facebook? >> i think it means the absolutely - go on the internet and you're giving up all your information whether you want to or not. everywhere you go. you get e-mails or whatever and made the site but these guys - you go on there you can wait your information and consenting to do so. i think it means absolutely nothing in the might of been a little overreaction. it might be because the stocks went up so it's pulling back. the stock was 112 and back to 175. at the end of the day it means nothing to go on the internet and your customer and you're getting permission to take your information and how it works. ashley: and already - jonathan. >> this is another real risk for basic because it's not a question of you but the regulators. that's their number one enemy. in the 80s it was - [inaudible conversations] in the 2,000 it was big oil but now it's big tech.
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they are on both sides of the aisle in the crosshairs. stories like this about facebook supposedly being laxity the goal and that plays into the regular stands and hurts the stock. ashley: eventually when you mess with the business model that's when it will really have an impact. thank you for joining us. as always, great stuff. cheryl: let's take a look at oil settling down nearly 4%. the lowest we've seen since january. let's bring in the cme and the report from the american petroleum institute, kind of a surprise. >> a very big bill. traders are still scratching their head. how the heck does this keep happening? to even have a name for it called the mystery barrels. over the last four weeks the energy information in ministration and the api have upped their forecast of current supplies in storage by over 28 million barrels. it means the undercut counted barrels before by over 20 million barrels.
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the traders are saying how is this happening? is not about demand. if you look the demand numbers from the reports today they are pretty darn good. u.s. oil demand is pretty much on par with where it was a year ago despite the fact that the country has been plagued by some very bad weather and flooding. there's a big question as to the validity of the data but if you don't know and you have to go with the data you have in the market went down. add to that late in the session the con is coming down to china worries about trade wars. bad day for oil. cheryl: big loss there. thank you so much. ashley: protests taking over the streets in hong kong again. demonstrate his trash clashing with police over the next edition but with beijing. connell mcshane is in hong kong with an up close look at the growing tensions b2 plus, spending your taxpayer dollars for absurd reasons. the latest pig book. wasteful government spending is out and you will not believe how much money is being spent on these craziest things.
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demonstrations are turning violent as protesters continue to fight against the controversy of extradition law that would allow criminal suspects to be tried in mainland china. our own connell mcshane is in hong kong with the latest. connell. reporter: really was a mark with a in hong kong and ended with the police using tear gas and rubber bullets. the china break up a deal in protest but the more significant news may have come earlier in the day with what was supposed to have happened here did not happen. the big news today was supposed to be the debate over this controversial expedition bill in hong kong's legislator but the protesters blocked everybody from getting into the building where that debate was supposed to happen. authorities felt as though they had no choice but to relate the debate. what happened next we really don't know. what we do know today and when we did get to know of the protesters who spend time with them talking to them with a lot of young people many have grown
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up here in hong kong and what they all think to tell us is that they do not want to see this place change. >> they don't have reason to make us into a criminal and send us to china or some other place that we cannot imagine. it is a very serious situation. reporter: what you think will change for your home it this extradition bill passes? >> china can do whatever they want and they can just activate people from hong kong for no matter what. reporter: there is a lot on the line here because what this extradition bill would allow, at least the protesters fear it would allow, is for someone who's here in hong kong and been accused of crime essentially to be sent to mainland china where the judicial system is certainly much different. this is communities concerned about it in the nicest government has spoken out against it but the chief executive here in hong kong supports it. we will see what happens next and continue to follow it.
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cheryl: connell, thank you. he will continue to cover the latest news from china over the next couple of days and will also be looking into the ongoing trade dispute right here on after the bell. actually. ashley: joining us now heritage foundation center for international trade and economic struggles, former u.s. ambassador to the united natio nations, ambassador, we heard from connell mcshane and he talked to some of those protesters and the fear is a very real. they can feel the news tightening from beijing. these protests we had a million on the street just the day feels very much like a last stampede would you agree? >> i do agree. it's a very dangerous time for the people of hong kong and also for china. people in both hong kong and china have a lot to lose if the special nature of this city of hong kong is destroyed. if the slow slide they have been on toward greater control from beijing is allowed to continue
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or even accelerate as it seems to be doing. ashley: yeah, you mentioned that the economic freedom is at risk in the basic democracy of hong kong is at risk but my question is how does beijing react to this? we've seen the soldiers out there and the police officers trying to keep these protesters at bay but at what point does this have to become a very dangerous confrontation? >> i think if china intervened more directly either with its military troops that are based in hong kong or through some sort of greater political crackdown coming from beijing that would be extremely dangerous and the situation would get out of control very fast. this is a real test for the political leadership of hong kong for chief executive carrie lamb.
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there is no need to rush forward with the law the way they have done and this is a time to slow down the process and let all sides be heard in hong kong and then see if we can't make the limited amount of democracy that is enjoyed there in hong kong function effectively. right now they are feeling to do that. ashley: is that because of pressure being put on by beijing and they don't have an option? >> well, that's a lot of pressure from beijing but they do have options. the transition time is a full 50 years and were only 20 years into it at this point. hong kong is enormous benefits to mailing china for maintaining hong kong as window to the world, a gateway for the world to china and for china out to the world. if hong kong becomes just another chinese city without the historic respect for the rule of law the basic financial honest
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financial practices enjoy their a lot will be lost and there's no point in businesses continuing to locate or headquartered in hong kong. it's just another chinese city. ashley: and also this is not good for chinese premier president xi because he's trying to get a deal done with the united states and behind him and looking over his shoulder he does not have unity backing him up and he has got to deal with it. that's must be a distraction as he gets his trade deal sorted out. >> sure is a terrible distraction. the last thing president xi was want at this point is to have hong kong on the news with writers in the streets and the government for teargas and responding with rubber bullets. that is not the kind of china they want to present to the world and hong kong is
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traditionally best face forward and now that starting to crumb crumble. ashley: we will follow it very carefully. ambassador terry miller, thank you for joining us today. cheryl: back here at home doubling down on socialism, senator bernie sanders taking a hit to american voters. what he says the progressive plan is for defeating trump in the 2020 race. plus, chinese woman accused of sneaking into president trumps mar-a-lago resort is going to have access to her own attorney. what does judge andrew napolitano think about that. coming up later in the hour. patients that i see that complain about dry mouth,
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poll out of nevada shows sanders trailing elizabeth warren for the very first time. check that out. 19-13%. hillary vaughn is at a event at university with moore, hillary. reporter: actually, senators sanders made a pitch to a packed auditorium of 200 students here at george washington university giving them a lesson in democratic socialism 101. other voters in attendance here today and sanders told them he believes economic rights are human rights and he believes the government should guarantee to every american as much education as they need to succeed in a good job with a living wage and affordable housing, clean environment and a secure retirement. >> that is the difference between donald trump and me. he believes in corporate socialism for the rich and powerful. i believe any democratic socialism that works for the working families. reporter: sanders says he isn't
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afraid of attacks from republican or moderate in his own party who weren't ready for democratic socialist agenda. >> i do understand. i, and other progressive, will face massive attacks and those who attempt to use the word socialism as a slur. i should also tell you that i have faith in overcoming these attacks for decades. reporter: one democrat in the race, though not ready to put a label on it, former vice president joe biden also running for vice president says he thinks what matters is on the label for the policy. >> i don't put a whole lot [inaudible]. reporter: one thing sanders did not mention was how he was going
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to guarantee that everyone gets what he promises and how he will pay for it but he did say today his campaign in the next few months will rollout detailed proposals on all these ideas. ashley: very expensive ideas. hillary bonn, thank you. cheryl: let's check up on that. let's bring it former obama campaign, gop fundraiser, great to have you both here. no well, let's start with you. this issue of democratic socialism looking at a harris poll and this is what this means to most americans. hill tuition free education, universal health care and a universal living wage these are expensive propositions and the democrats are doubling down. >> yeah, they sound really great in theory but if you put it to the test i don't think any of these things are sustainable. if you don't believe what i say because i'm on the gop side listen to people like former legislator varney frank who was on the network stating that
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these policies, however dreamy they are, are not disdainful. if any of these things were put to the test they would shock the market. look at other states, look at california and he's not a socialist party but california is run a democratic leadership. look at new york. these leaderships they have basically feel the people feel the state. cheryl: i wonder what joe biden will do about this. we don't know yet is hillary just told us to look at this university for the cannot today in a matchup between president trump and joe biden the numbers are on joe biden site. 52%-42% for president trump but he's not gone the socialist route yet. >> yes, very true. it is early. we learned a valuable lesson to trust whether or not we trust those polls. i like to say though should be taken with a measure and should not be - anything other than
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anecdotal piece of evidence. nobody should be using or facing whether or not they will send resources into other resources on these polls. as joe biden said were looking for policy and looking for actual policies we can sink our teeth into. not all this rhetoric and bernie sanders is making his case more power to him but a lot of it has been rhetoric in my opinion. i can't disagree with anything noel said. we want to be how this will be paid for. cheryl: expensive. no well, the president has his own issues 70% of voters say the economy is strong but then if you look at president trumps approval rating it's barely above 40% what is going on with that? is not getting credit for the economy. >> is a very odd situation because normally a president with these high marks in a president that is also delivered all the promises you can pretty much check them off he's delivered them all - the reason you're seeing the stagnant polls
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with the - it's because of the mannerisms with the tweeting and name calling. i think there are a lot of people that don't find that palatable but you have to say this president has delivered on everything he has promised and we are enjoying a very healthy economy. the only thing to look at would be some of his actions from his own person. cheryl: robin, i did take your word on that the polls are wrong in the next election but michigan, pennsylvania, wisconsin those are the three states democrats - joe biden, bernie sanders - they have to win those dates. is the party ready? >> you better believe we have two windows. i want to say were ready and i really miss howard dean. when he was head of the dnc and had a 50 state initiative we need to bring that back. if the party and the dnc can get
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us there i think will be ready but were not quite there but we got on the leadership and i have every faith will pull something off. let's hope to god, cheryl. cheryl: we will watch. robin, noelle, thank you very much. ashley: so we can hear the howard dean screech. government waste expose. remember those famous shrimp on the treadmill - how could you forget? on it by your taxpayer dollars. the latest pick book about outrageous ways government is spending more money is out. that is next. cheryl: plus, women's usa soccer team is looking to bring on the championship at the world cup after a stunning win yesterday. we are bringing you to france for what's going down. that is later in the hour. 2020 metastatic breast cancer is relentless, but i was relentless first. relentless about learning the first song we ever danced to. about teaching him to put others first. about helping her raise her first child.
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balanceus.org play it cool and escape heartburn fast with new tums chewy bites cooling sensation. ♪ tum tum tum tums b1 this may not come as a big surprise the members of congress are sitting new spending records amongst those earmarked products with vital researches into replies and so on but according to the watchdog group more than 15 billion of your dollars have been put aside to tackle these big issues with your now, the man behind the big report, president of citizens against government waste. tom, great to have you here. we do the story every year citing different bizarre examples of government spending but nothing changes.
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>> some things have changed. well, senator begins for example have voted to change their rules to permanently ban earmarks and that's not a lot but it is a rule in the first time anyone has done that. there appears to be more interest in trying to get this under control. the chair of the house of probation 20 said there will be earmarks in fiscal year 2020 does want to put together a bipartisan group to bring them back. it goes both ways but were doing our best to keep it from getting any worse than it already has been. ashley: last report $15.3 billion to the increased or exact rather. what are some of the more egregious projects that you can cite? >> you mentioned one, $9 million for fruit flies. they spend money on that problem but for ten years and there's $16.7 million by brian schatz, no relation for what's called
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the east-west center in hawaii and that's their entire budget. it was something called the north-south center in 2001 taking lots of federal dough in the east-west center should be taken off the taxpayers bill as well. ashley: wildhorse and borough management i'm sure that's important to some folks, aquatic plant control program, round three snake eradication program and i know that's a big issue in one but you have the latest numbers from the u.s. budget is now widened to $738 billion in just the first eight months of the fiscal year. this is a classic example of where some of the money is just disappearing. >> absolutely. the deficit is approaching 1 trillion for the next three years spending is up, democrats like certain projects and publicans like certain projects but when they get together they say we agree to spend more money on each other's priorities rather than saying toe the line, responding and senator rand paul try to get the senate to agree to consider his budget to cut 2 cents out of every dollar and they were not even vote on it.
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taxpayers need to do more to hold their legislators accountable for this waste. ashley: you know, it's the way it works in washington. you want something past you have to go around all the different lawmakers whose votes you need in order to sweeten the pot. they get that little earmarked project they need that will get them for support back in their constituency but it's just the way it is put together and i don't know how you change that because, as i say, we do the story year after year. >> it has changed by continuing to push for the permanent ban and there are at this point no names attached to the project so unfortunately, less transparency were not urging them to bring that back. we have to do more both here in washington and outside to hold these legislators accountable. they think they will not get reelected by becoming more fiscally conservative but that would help. ashley: does the pig report help connectors that put the
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spotlight on these projects that the lawmakers are involved in? >> certainly, the projects and its managers but again is more difficult than it used to be to say who is getting what other than senator schantz were mentioned and [inaudible] was the $659 for pacific coastal salmon research. they are all equally guilty if they're voting for these bills and that's what we need to do more of. ashley: you ever get discouraged? you continue to fight the good fight but this money is still spent on a yearly basis again and again. >> no, in fact were encouraged more than ever. got a great response to the pig book today lots of views on social media and lots of people taking more of an interest in this issue. that's important as long as we continue to see the support this interest we will keep going. ashley: keep up the good fight. tom schatz, thank you for joining us. >> thank you. cheryl: let's go overseas
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unstoppable at the 2019 women's world cup team usa scoring goal after goal against underdog team, thailand. winning the game 13-zero in france. some critics stating that they should've stopped and celebrations. fox news coral is in france with the latest. carly. reporter: team usa off to a roaring start screen 13 goals against underdog thailand but some are giving the team of poor sportsmanship for celebrating after every single goal. some critics even saying the team should've stopped scoring goals altogether. head coach, jill ellis, says no chance. >> it's about mentality. it's also about confidence and getting off on the right foot is important. but, the reality is, yeah, we also believe we've got more to do. reporter: alex morgan become the star of the game scoring five of those 13 goals. she, too, remains unapologetic spirit we have to look at the group stage as every goal
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counts. it was important for us to continue to go but i think - for these 24 teams is a great opportunity for women to showcase what they worked their entire life toward. reporter: while controversy is making all the headlines workmanship was on full display. yesterday after the game better player carly boyd immediately approach the goalie for thailand and offered her a hug and words of encouragement. back to you. cheryl: carla, thank you. ashley: breaking news. house oversight committee approving a resolution to hold attorney general william barr and commerce secretary wilbur ross in contempt in a dispute over the senses. the vote was 24-15 with all republicans say no except congressman [inaudible]. cheryl: serving as her own attorney. the chinese woman accused of illegally entering president comes resort are lago will be representing herself. get the latest from the case. plus, former stafford feeling
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coach sentence in the college admission scandal. the first of 15 defendants to be punished for the role in that scam. judge andrew napolitano weighs in, coming up next. ♪ 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. thanksno problem.. -you're welcome. this is the durabed of the all new chevy silverado. it looks real sturdy. -the bed is huge. it has available led cargo area lighting. lights up the entire bed. it even offers a built in 120 volt outlet. wow. plug that in for me. whoa! -holy smokes! -oh wow! and the all new silverado
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cheryl: only in america the chinese woman accused of sticking into president comes more like a resort acts as her own attorney at her upcoming trial. the judge warned there was a bad decision. let's begin our very own judge, judge napolitano and his is a good idea? >> there's a one-liner from the first year of law school, the person who keeps their own - particularly in a criminal case and particularly in a federal criminal case. it does tell me something. she's not an agent of the chinese government. they would be sure to provide her through a variety of means that the cash cannot be traced first-rate counsel. we all thought she was because she was carrying eerie sophisticated equipment with her and she had, in her room, backup to all that equipment. if she had gotten through she would have been able to impact the e-mails of people around the president and i don't know if it was his personal e-mail but she
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would've learned information that would've been catastrophic to national security and they stopped her before she got there. unless she is an agent and they want to abandon her so people like you and i will conclude she's not an agent because they would never let her defend yourself with the very unusual situation. cheryl: very strange. she expressed amazement she was able to get evidence against her from the prosecutors that's because were in america. i have to move on to the breaking news. we heard about this coach the ex- stanford feeling coach in the college admission scandal. sentenced to one day behind bars after pleading guilty to march but judge prosecutors wanted 13 months but got one day. [inaudible conversations] >> i think the prosecutors have confronted a judge who believe the whole thing is a little excessive for the federal government to get involved in. we say he accepted bribes but every single penny he received he gave to stanford university so nothing line his pockets.
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did he inappropriately signal to the admissions office yes, so-and-so is a tennis player or sailor and should be admitted when they were? but how is that a federal crime. where is that in the constitution? don't federal prosecutors in boston have anything better to do. cheryl: they wanted to make an example because this was the first sentencing in 32 more defendants. >> this has given me tremendous help. i hope it's not also but try this hope to the other defendants and basically sending a signal to the government that we spent money on the case is going nowhere. cheryl: you hear around the water cooler you really want to see the hollywood actresses go to prison and it always already been publicly humiliated. is this worth the government's time and personally taxpayers money and time that going into this. >> don't the federal prosecutors in boston have more important things that are on pursuant to the constitution to spend their time on rather than this.
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i'm going to sound naïve but i have to say it anyway. what is the difference being someone who spent two and half million to get their kid to stanford or university of pennsylvania and gives it directly to the school as opposed to this circular routes. one is a federal crime and one you get a federal benefit from because you get deducted from your taxes. i realize the laws are different in the government prescribes the donation as being awful but, in both cases, the school is making a decision on admitting a student on other than the student's merit so what? the school can do that. that's not offending the constitution. cheryl: real quick. some of the parents accused of spending tens of thousands up to half a million dollars to get the kids into school some of it is tax evasion. i would think that may be the more serious crime defensible - >> i don't know if anyone pled guilty to tax evasion. cheryl: not guilty plea from -
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>> yeah, they were charged with it but a lot of them entered guilty pleas to lesser included full disclosure, i have a boyfriend who's one of these defendants and i wrote a reference letter for him. not going to tell you who it w was. cheryl: i will have to google that right now. >> is not relevant but in the interest of full disclosure so i know a lot about the case and don't think it should have been brought. cheryl: interesting. judge, thank you. >> you're welcome. cheryl: ashley over to you. ashley: from ridesharing to flying cars the uber elevate conference is taking over washington dc. we give you an inside look after the break. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those.
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drums to rest in washington, d.c. today. susan lyons the ground of the event with more. reporter: we are in the closing moments of the uber element. the ceo of uber stop by to say hi after two days of discussing the future technology and what a future looks like from flying cars to new announcements today. that includes one for the foodies, uber eats which is the largest delivery to company outside of china have made $10 billion in food deliveries this year. they will do that by drone, they're hoping it'll go nationwide and globally. we asked them what their expectations are. >> we really want to get right, when we say get it right there is a component of working with restaurant partners and making sure that the people know where
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to take the food in the boxes. we will start with the restaurant partners who are very excited really the biggest mint shock and the biggest development prove herself driving is a next-generation self driving car in light of what happened with the death being caused in phoenix in 2018 we asked them about safety in the future. >> it's all about safety for us. if we don't have a product that people feel safe, then we don't have a product. it's all about when this technology is ready and people believe it. reporter: drone food driving, do want anything more. >> the future is now, great stuff from washington, d.c., the uber elevator, drones are bringing food, food going out of
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the sky. i jumped about this once. god forbid i actually had to go pick up my apizza down the street. that doesn't press, thank you for joining us. "bulls & bears" starts now. >> democratic socialism means to me, requiring and achieving political and economic freedom in every community in this country. the only way we achieve these goals is through a political revolution. david: 2020 candidate and bernie sanders defending socialism why slimy president trump in a speech at george washington university today. good evening, everybody this is "bulls & bears", thank you for joining us i'm david asman, joining me on the panel john,
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