tv Bulls Bears FOX Business November 1, 2019 5:00pm-6:00pm EDT
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that when it was a week or mon month, in a way,. >> something like that. have a great weekend everybody. lucky you melissa. >> that lets it for us, bulls and bears right now. >> foxbusiness alert, present trumpets going to depart the white house right now. who will bring you any news from the president's comments. he stops and speaks to reporters on this frontline. in the meantime, stocks ending the week on a wonderfully high note, dealing with this, 500 and nasdaq tilting a brand-new record high, that the dow is just shy of the new record but of more than 300 points, fueling the rally will much more jobs added in october than expected and signs of progress in the trade deal china. coming up we will secure it straight from white house trade advisor peter, where things actually stay on right now. after a high-level bucks today.
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>> devastating catastrophic effect. the problem is we to get is much is 15 to 20 percent of our entire gdp. >> white house economic advisor giving a dire warning after he'll live warren, finally revealed a huge 52 trillion-dollar price tag for her medicare for all plan. roles are hearing for the first time how she plans to pay for it that went out hiking taxes in the middle class do the numbers add up. we are crunching the numbers for you. hi everybody, this is bulls and bears, i am david. joining me on the panel today adam and jackie gary and john burnett. hilary gone frederick down. hilary, how lets she do this that went out hitting the middle class. >> david, that is the question that everybody is wondering. not everybody is convinced that this plan will ultimately trickle down to the middle class boy essentially, $20 trillion
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extra in addition to the 30 trillion that is already spent in the healthcare industry and she said she'll do that by taxing banks and businesses and billionaires. some of her ideas, to come up with his $20 trillion. she will get 900 billion from a .1 percent stacked on financial transactions and be on 40 of the biggest banks in america, she will get 1.6 trillion from 35 percent global permit tracks on foreign earnings for u.s. probation. she is also raising taxes on the wealthy by 6 percent for anyone with a net worth above a million dollars. but the biting campaign is warren his plan is using a sleight-of-hand to downplay cause in disguise who is really going to pay. staying the gymnastics in this plan are all here towards hiding a simple truth from voters and it's impossible to pay for medicare for all that went out middle-class stacked increases. this afternoon lauren responded to the biting campaign his comments staying the head of medicare when biden was vp, signed off on her math.
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>> well, the cost reductions we have on medicare were authenticated by president obama is head of medicare. >> lauren isn't raising taxes in the middle class but she is raising taxes revenues from them. she brags in a plan that shall put $11 trillion back in people his pockets but she is taking 1.4 trillion of them back for taxes to pay for this. david. >> the numbers, hard to add up all of those numbers. hilary thank you very much. let me play a longer soundbite from what larry said earlier about the effect of this plan would have on the economy. >> i think would be devastating to the economy. this idea of medicare for all and the so-called create a new deal and brother proposals i have heard, i want to get into politics, and policy grounds,
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this would have a devastating catastrophic effect with probably take out is much is 15 to 20 percent of our entire gdp. >> weather you agree or not with his dire protection, will our health policy help or hurt her quest the white house. what you think. >> hilary looked at some of them, but here's what i saw. 1.4 billion context to come. on employees themselves. i don't see how this has brought going to impact middle class and i have to agree, with a statement of the biting campaign on this. also 2.9 billion financial transactions unless stock etf and mutual funds are not included in this, four o one kays, people are investing for the future. they are going to have to pay for this. one and a quarter billion changes in business depreciation role, that is going to impact small business owners. so when she says or says lets not impact the middle class, or anybody else, only the wealthy, i just don't see how she gets there. >> sued david to break it down
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in political terms, i think that is exactly the right question. so present from credit against the affordable care act. that seems to have resonated a little bit. we don't know he won by such a small margin and didn't want the popular vote. the republicans specifically do not do well in the midterm elections. on this healthcare issue after this administration, sort of has beaten up on the affordable care act but didn't do away with it. so the question is, will people who care about the sort of thing before sympathetic to warren efforts on this work more synthetic to the people like the president and divine and who is staying, you can't pay for this, therefore it is a bad idea. cynics let me see if i understand this,) he'll live moran is going to attack stanko a. she's also going to text mutual funds and ets is jackie pointed out. but at the same time, she is also admitted that at 2 million people lose their jobs. so how are you going to run on this dive boat platform of
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higher taxes, 2 million people lose their jobs, but yet this is good for america. this is crazy. >> i want to get back to david's original question. will this help her. i kind of agree with adam, it will. i think the best question is, if she gets elected, will hurt help for reelection. that's where all really discussing because upfront, if you promise apple pie and see look the vast majority of you know not going to have to worry about it, that is always a winning proposition. some of the issues that jackie brought up, and john brought up are valid. and the reason they are valid, let's just look at the macro loophole. we'll get back to what larry kudlow says, you know talking about a 52 trillion-dollar cost and i think she said over ten years. gdp is growing at about 18 trillion a year. so you just do the math, even if
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everything is baselines and will probably the 52 trillion, quite honestly, is understates the case because we know it is the government, they will expand exponentially. but even if doesn't, that cuts 30 percent off of the gdp growth. now you throw it all the arguments that john made about the loss of jobs, her reelection is going to be a problem because i honestly, the economy would be in a ditch. from promise, apple pie and you guys don't have to parry for it. it is a wedding argument. >> because people don't understand it. his tunic and those were making up numbers, you present that it is if it is a zero-sum game. >> well well well well, what numbers did i make up there. i didn't pick up any million. this from her not me, the 50 truth trillion. my.is that you make the assumption that what is spent in the her name just goes into the air that none of it goes back into the economy.
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the her name is spent on healthcare. i am not disputing that their taxes won't go up or the her name will be re- distributed, but it doesn't get lit on fire and burn. >> but she is getting on a platform pushing a program staying that i am not going to stacked middle-class. and she has. so she may win because the have-nots are going to see, all this is the great plan, we should vote for her. >> but that's the question. >> when will america here's the 2 million jobs will be lost, and all these people will lose their private healthcare. this is the no-win proposition. >> people think, oh yeah, it's not going to be my job, she's going to stick it to the wealthy. >> nono. >> people will not connect the dots. they will see is i don't have to worry about it. i get free healthcare. >> on the brother hand, once people have yet to really look
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at it, i have never seen numbers. a lot of political nut promises but never seen numbers like this not even close to this. once we add those up, and was the president again and again begins to see, and it is very neutral organization, a 100 percent stacked on everybody making more than 200,000 a year, they wouldn't even come close to playing for this. so it is impossible for just the rich to pay for it. alright we have got to move on. coming up next, china had very interesting effect on the markets today. they were doing well because of the jobs numbers, they did even better when we got word that we may be closer to a china deal. our way. we will be asking the trade man himself from inside the white house, mr. peto navarro. he will be here next. ♪
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>> top trade negotiators holding high-level talks with chinese counterparts today and now there is word progress has been made. some sort of agreement has been made at least impossible. there's a lot of rumors circulating around the spirit is we have peter navarro here. the white house trade advisor and a foxbusiness exclusive. peter, before we get on the tray, quickly a reaction to the extraordinary job numbers. leading expectations by a long shot. >> we were 46000 jobs down because gm was out on strike. there was a pretty good hurdle to overcome. over a hundred thousand jobs blew out expect tech numbers, and this is the beautiful thing. strong economy and it marks and certainly, reacted to that. i think rightly so. there is solid strength in this consumers are driving this economy right now. if you have hundred more days like this, david, will be at
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60000 on the dow. >> extraordinary, but really even talk the market, to pump about 300 is this news on china. a lot of mixed messages on china. particularly when weather we have some sort of agreement on phase one. how close are we to signing a deal on phase one. >> there was good talk today, between ambassador and his chinese counterpart. leo. my role is all talk and behind closed doors. i think the defining document is what ustr, but that which is to see that the talks were very constructive. so just like you said, let's see. so far, we seem to be on the right path toward something good. >> and chinese are not is close mouth about those closed doors sessions is you know. they said and on cloning. we have a consensus and principal. are the chinese kind of using the media to push their agenda. the negotiations ? >> you said
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it, not me. my favorite thanks christian in washington. i don't disagree with that. [laughter] at the same time. >> secretary pompeo, i was actually the dinner on wednesday when he may some very strong comments about china. >> let me ask you a question, did he do that at the appetizer or the desert. >> it was before the main course. a lot of people said it was the main course. i am just wondering, and want to play soundbite from that from that speech and get your reaction. let's plate the soundbite. >> today, were finally realizing to the degree which the chinese communist party is truly hostile to the united states. the values. they were able to do that because of the leadership of the president trump leadership. >> penetrate drill with the government, we openly see is hostile to our interest in our values, only possible. >> let me quote vice president
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hence, who gave a similar speech i think two weeks ago talking about decoupling from china and he said the problem here is that china has been decoupling from us and the rest of the world and i think secretary of state pompeo has been wonderfully eloquent about the issues outside of the trade. particularly with respect to recall the stain in the century, the red reeducation camps and the euphemism for what happened when province with over a million people there. the battle between democracy and creative of streets of hong kong. so i think it really is important to put all of the stuff we talk about in trading in the economy and the broader context. one of the things that secretary pompeo and vice president pence are absolutely right about and you know right about, president trump has changed the narrative on china completely and forever.
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no longer do we believe the economic endangerment with china will turn china into some peaceful democracy. they have been recognized is a strategic rival and we need to move forward along this lines of that. and thanks to president trump, really. >> but if you make a trade deal with the country, you have to have some kind of assurance that they are going to abide by the details in that deal. how do you verify that they are complying with the deal if you don't trust them. >> [laughter] don't trust, but verify. i guess is the new version of this whole thing. you are absolutely right david, and it is lost on some but the linchpin in this whole phase i agreement is an enforcement mechanism. it will leap easily allow the united states in trump time, which is to see quickly, basically file any flames to china to him that they are violating the deal and get those litigated properly. it's not to our satisfaction, we will be able to basically
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putting a remedy that went out fear of retaliation by china. that is the essence of the enforcement mechanism. that's what he is insisting upon. and leo, his counterpart said that in the oval office, clearly he agreed that that went out an enforcement mechanism like that, we would have no deal. and that thing would be a cross between faces. it would be clear, we need to reach three phases in the deal. the deal is a structural standard into china. would our recourse. >> to be the required speed through the wto are unilateral terms of our setting new tariffs or something like that. >> it would be through the mechanism through which all of this started. the genius and president trump, and the robert white house are in section three of one authority, the congress.
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they gave the president is perfect revealing with china because it allowed us to defend ourselves against china's technology. >> peter, i know i'll let you go before i ask you about the u.s. him ca. when involved in this impeachment whatever you want to call it, exercise. is there going to be any room for the house to put forward a vote on the usc mate. >> dave and i am really glad you asked because i just want to keep reminding the american people that this deal is twice is big is the china deal. it is five times the exports in the scheme of things. it is far more important than the welfare of his country. nancy pelosi, if she insists on only being that red master of his circus designed to overthrow duly elected president that can't be. that will be a signal failure in the affordable process in this country. and set us off on a course which was very peril. >> peter navarro, never shy to
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speak his mind. you see peter. thank you very much for being here. >> john, what you make of all of this. >> congratulations to peter and the entire team that's been working tirelessly on this trade deal. in principle, that is great. everyone else there wants to see a paper. a paper dealing make sure that we can continue actually structure it in a way that china will have to move forward and deliver. and on the outset, and is kind of unrealistic for china to expect china that is, to make a 360 degrees change in their trade practices. not going to immediately stop the horse of technology transfers is partnerships until intellectual property all it was. it has to be structured in phases. i weather is actually coming out. what was going into phase 12 and three is the real question. and how long is this going to take to make sure that we have a comprehensive three phrase trade
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deal. >> headed deal regarding tariffs and a deal regarding trade and agriculture. the administrator doesn't pony up with a deal, the stock market that keeps adding new records, the doubt 27000 we hundred and 47 right now. will have a major problem with it. a lot of the phase i deal is based into the numbers that you are seeing on your screen right now. the market can go higher when it happens, if it doesn't get it, it's going to drop like a ton of bricks in a have to remember that china is china. even over several phases we may not necessarily change the way they do business in the way they approach the world. i actually think the pompeo his remarks at that dinner, are starting setting the stage to see we might have to get tougher on china in a way that that have to deal with economics but when it comes to the stock market, phase i, the tariffs. it has to be settled. >> went illuminative. we just got word that the president is speaking to reporters about trade china and much more. we will bring you his comments, just is soon is they come in. we'll start spreading the news that president trump is leaving
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president trump is joining the prince of new yorkers leaving for florida. the live long new yorker just waiting at moments ago, i love new york. but new york can never be great again on the current leadership of governor andrew or mayor bill dimaggio. they weapon eyes the prosecutors to do his dirty work and keep him out of jams. the reason some don't want to be in new york and another reason they are leaving. taxes and energy costs are way is it too high an essay is being
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allowed to die is brother nearby states crack and drill for gold and oil while reducing taxes and creating jobs by the thousands. new york city is getting dirty and unsafe again. >> jack you've been covering the story for a long time. there's no love lost there. >> here tweeted out in of tweet leaving. good riddance. he is all pictures hear some of the reasons maybe mr. trump is looking to establish this new residence in new york. 9 percent and 0 percent income stacked in florida. u.s. census bureau released data last year, more than 60000 people left new york for florida in 2018. state stacked, it can be is high is 16 percent depending on how that estate is. in new york and in florida it is zero. so i can use to reside there we do look at the numbers that people would make this decision the way i've been trying and leaving the story. there bleeding billionaires.
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there leaving new york in summer leaving new jersey. paul left connecticut and they all went to florida. >> exactly, jackie brings up a lot of good numbers. i'll just throw one more in. florida lets have, i wouldn't see substantial, in fact i would just see competitive property taxes with what you pay in new york and connecticut. we still only paying i think, one and a off million dollars. of course the donald trump, that is nothing. then you contrast that with the easily, with forget about the estate stacked of 13 percent that he pays in the extra new york in the city stacked there, and is the great economic move. the brother moved to be very honest, not so much, but the reservoir a good deal of florida, there is some true trumpet supporters here.
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i probably live in the ground zero for trump support in vero beach but it is like that here. he's looking at a friendlier place to live and, is jackie points out, lower stacked bill, florida is an obvious choice. >> know if it's you gary, but it's not a coincidence that all of the people we just mentioned are a little bit older and might be looking for a warmer quieter place. and president trump is getting up there. but more to the point, he didn't do this the 21st 77 years of his live. is because he was having a career in making your business in new york. most people who are in new york, are going to keep doing that rather than go off to pasture. look it's great that he plans to do that. >> i get all of the numbers, i get all of that rationale but look, i was born in the people's republic of brooklyn. in a housing project. growing up in new york, i
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idolized trump. seeing him on tv, we didn't have internet of course the reading about him in the paper, using my paper from my old man, and is on the front cover or in some story, is president trump right. that went out monday idols or positive figures, i looked at president trump and i said wow, he is bigger than live. he is actually leaving the american dream. i want to be just like him. so you know what i get is rational. i understand the numbers. but i have to see, i am a little disappointed. >> is the great.and jackie and is true, a lot of us are left behind. we don't have a choice. this is where i work is, we have to be here. it's unfortunate he is leaving the good fight. >> i'm standing in front of the trump tower today. it's very iconic. and is john points out to those of us who live here, he's part of the dna of the city. >> has brought just trump tower. there are trump towers all over new york. there must be at least half a dozen of them. >> there are a lot of them and he has lived in trump towers is the 80s.
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he has sort of become the fabric of the new york city in my opinion. and his leaving, it lets make a statement when it is for taxes or he feels like he's being attacked by the politicians. anyway. >> president trump, three think this one. i know suffered reach think it. a big win for free speech. a student's first amendment right campus and editor-in-chief, kevin phillips responding next. ♪
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>> breaking political news, o'rourke is dropping out of the race tweeting out today i am announcing that we service to the contract will not be is a candidate. or is the nominee. this is an president trump is speaking to reporters, will get that taken any moment. we will bring it to you assumes we do. meanwhile after an 18 month court battle, the university of michigan is getting rid of his bias response team, a group that was has with investigating campus in dissidents, it could be deemed offensive to certain groups of people. the sixth circuit court of appeals judge staying the very name bias response team, suggest that the accused students actions have been prejudged to be bias. here now is to weigh in is kevin phillips. have big about when is this. >> his services in in the center. showing brother universities that monday of these policies are not only potentially unconstitutional but monday of these bias response seems like it's the very nature of what college is supposed to be in first place.
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he had a college to be challenged and have a marketplace and ideas and share things to make you count one you learn from that. if you like them, you can subtly walk away. we do have these bias response teams on campus, it tells free speech because students learned that if you don't like something, you run to the speech police. he reported it and you get brother people in trouble. eat them reprimanded for some additional live. this not how the real world works in this how college should work. hopefully these response teams around the country and it sounds nice to some people. were going to protect people have these bias response team spirit and doesn't do anything to actually protect the schools. they should be protecting the speech not prevailing it. >> thank you for fighting the good fight. for years, i've been a republican for your use but i actually was oily always silent about my political views. why because i feared the backlash. and how to see though, that came out of my political thought and then 2013, everybody knew that i was a republican. [laughter]
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>> that means not only four o one kays, everybody making a lot of her name but a lot of the jobs, and i know that doesn't mean much to you people but it used to be important. if you remember that it is all about the academy stupid. we don't think about that is it too much, i do. i think about it all of the time. so we just had another record. it is a big record. the market is up i guess over 300 points today. in the economy is doing well throughout the world. the economy are doing well, is actually a drag on us and despite that, or hitting the records. edge is doing very poorly. china has brought doing well. our dealer is going along fine with china. we are just finished a deal with japan and south korea. great trade deals from terrible deals to good deals. a lot of very positive things are happening. i go ahead john.
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[inaudible conversation] >> while i can't believe the impeachment, we have the greatest economy, the highest art market in the history of our country and the best employment numbers and unemployment numbers in the history of our country. today we have almost a 160 million people working. we've never been close. to the best employment numbers in the bus unemployment numbers black unemployment is another record. if you look at asian, hispanics, in fact, african-americans, unemployment just in a number that nobody ever thought was even possible. the numbers are so good. we do talk about the impeachment is the hoax. because goleta was perfect, what was it perfect is come in all you have to do is take those look at goleta which is transcribed and what happened on a very good phone conversation.
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i called a perfect conversation because it was totally appropriate and very good. and everybody staying it. anybody that reads that letter, which is basically what happened on that conversation with the president of ukraine, now go a step further. it the president of ukraine said he didn't even know anybody was talking about. it is a very fine conversation. the foreign minister, said there was absolutely no pressure. the president said the same thing. the democrats are appraised. and they are lunatics. in the meantime, we have the greatest economy ever. we have the man on the brother side adam schiff, who is the corrupt politician is you know. he made up a speech and he read what i said and it wasn't what i said. it was a terrible thing he said. and monday people saw that. that's how this whole thing, he started it is a con. the whistleblower, would we've
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got find out about the whistleblower because when he said has no relationship to what took place on my very good phone conversation with the president of ukraine. so with all of this intact today, i think the republicans have been amazing and i we had a hundred and 9596 do nothing, we have tremendous support from the senate and tremendous support from the house. we even had democrats go over to the republican side yesterday. because they said, this has brought an impeachable, it's supposed to be high crimes and misdemeanors. and i will tell you in my opinion, except that he has community which he shouldn't have, adam schiff, created a high crime and a misdemeanor when he gave the false reading of what he said. purposely he did that. so we have to find out why did the whistleblower give a false account. we have to find out. what happened with adam schiff in the whistleblower.
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i have to see it had tremendous support and we have great poll numbers. we have more energy now and the evangelical leaders came is you know, four days ago they said, that the evangelical christians and brother faith-based organizations churches and temples, synagogues, no matter what you look, they've never seen it so unified. they've never seen it so energized. and they came in with 28 leaders, they said that they have never seen energy like they have. so the impeachment thing is the hoax. now weather or not they tried pulling it off, it would be a disgrace. you can't and preach at present he did nothing wrong. you can't impeach a president that has the greatest economy in the history of our nation. you can't impeach a president that has unemployment numbers and story. never had so monday people have
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been some working. both employment and unemployment. is rebuild our military and taking care of our pets, with choice and accountability. nobody thought those things could be passed. so i think we've done more than any administration in history. and it is first to a off years. >> sp03: what you see to the white house and testify. >> all they have to do is read the transcript. the general and it came in yesterday, he was terrific. he was supposed to be their primary witness. he was terrific and he said he didn't see anything wrong with it. by the way, i have a lot of never traverse an if it in positions for a long time. don't forget, i think the bush trying to see. i beat the clinton dynasty and abate obama and all of his people. and i come to washington and a lot of thousands of these people, tens of thousands are working. but we do read the transcript that all goes away.
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the transcript was totally it appropriated. [inaudible conversation] [background sounds] >> they haven't been treating properly. i paid millions of taxes millions and millions of dollars in new york. they never treated me, since i have became president, they just have it seen it, i think the office with a kind of respect. i don't mind paying the taxes. new york is the very expensive place to live. but monday bad things are happening in new york. just put out a statement on new york. i think it probably did you get it. i just put out a statement in new york. i think it is pretty. [inaudible conversation] reporter: [inaudible conversation] >> i think i am corroborating. i'm conversing with you.
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let me just tell you, you have a corrupt politician leading this thing. he lies and he makes any sense so monday things that are corrupt. it's like he's got immunity. and he shouldn't have immunity. he made up a statement that he said i said and i didn't see it. and i was only people when we went on back, they said it was perfect. current politician. nancy pelosi, she should spend more time working on her district which is going to hell. what is happening is dead. you look at the homeless population, you look at the problems. but nancy pelosi should go back to her district because she is totally lost control of her house. and tell you what, you have monday more democrats come on our side. [inaudible conversation] reporter. >> the president wants to come
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to the white house and we have a very good relationship. a cease-fire has held very nicely. we kept the oil and see back the oil. brother people can patrol the border of syria frankly it in turkey, let them, they've been fighting for a thousand years. let them do the border. we don't want to do that. will bring our soldiers home. but we did leave soldiers because were keeping the oil i like oil. keeping the oil. in working with the guards and were frankly working with turkey. in working with a lot of countries. we had a tremendous victory. and getting the number one terrorist in the world and that probably one of the number ones, may be the number one terrorist in the last 50 years and we knocked him out. and we knocked out number two. amber already have number three in our sites. i am going right now to a great place. and we are going to a wonderful hopefully sold out big deal.
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and why do have a big wonderful governor elected. near the status. it is mississippi. [inaudible conversation] >> i have a very good relationship, make, and a very good relationship with him. [inaudible conversation] >> why haven't is you know, i put in a very nice good man, highly respected. he's acting right now, we will see where that goes. and is you know, john, i like acting. a lot of people see, i like acting. it gives you great flexibility. >> reporter. [inaudible conversation] >> we are moving along. >> we are moving along with the deal with china and china wants to make the deal. very much. have a good relationship but we
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will see what happens. i don't like to talk about deals that until they happen. but we are making a lot of progress. [inaudible conversation] >> were looking at a couple of different locations. it could be even be in iowa. could be. [inaudible conversation] is something we are discussing but we are discussing locations but they like to get and i would do it in the u.s. reporter. [inaudible conversation] >> were thinking about iowa. but i want to get the deal done first. but we are thinking about iowa you know why, it would be the largest order. in history. são tomé, iowa makes sense. i love iowa. >> reporter. reporter:
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[inaudible conversation] >> my poll numbers are very high, we raised record-setting her name. records. the numbers that people, i don't think people have ever seen this before. that's the ball. this is on the scream states, when it comes to the appeasement, it is an ugly word to me. but when it comes to that word, we are way ahead. they don't want to do it. democrats don't want to do it. they were going to take over the house because of this. now if they want to keep going forward with this terrain, but that letter was perfect. i was highly appropriate and perfect. hello chad. anybody else. reporter: [inaudible conversation] >> he is right now acting and we will see what happens. we have great people in there. and again i want to thank the country of mexico. today they have 27000 soldiers on the border. and they are doing a fantastic job. they are doing a job that the
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democrats should do. and the democrats won't do it. they do not think they will do it. they can't do it. i do know him competence or incapable. but they are incapable of doing it because we have loopholes that could be settled out and solved in 15 minutes and they won't do it. they want open borders which means crime. they want sanctuary cities which means crime. and lots of brother problems. the democrats are really disgraceful what is happening. but i just have to see it will see again, mexico today is 27000 sold cultures regarding our border. for free. i very much appreciate it. they are guarding our border. i really like the president of mexico we have a great relationship. what a honduras and el salvador have been terrific. we have a really great thing
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going. and the numbers are way down. very good numbers in the border. reporter: [inaudible conversation] >> we will see. reporter: [inaudible conversation] >> i think in the appeasement department the numbers will be much higher, some going to heaven by the way. if they want, first of all if they want to pursue it, i can imagine it taking very long. because it is so basic and so - if i wanted to, that could take those long time. but don't want that. think the stock market has been very much. i think the stock market right now would be substantially higher. one of the reasons is at 300 points today is that people want to go to see the transcribed letter. in the phone call with the president of ukraine.
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everybody the thoughts and, this is good. in the markets went up a lot. on the last period of time. they finally got to see it. most people thought it was the end of shift rendition that he made up. but when they saw goleta, you look at what is happened with the stock market by now. when they saw goleta, this is what happened in the stock market today. i will see that if anything ever happens, you have a crash, the likes of which this country has ever seen. thank you thank you. >> any a lot of subjects right there from immigration to the impeachment inquiry to turkey he was talking about the economy and the great jobs numbers in china. maybe a little bit of news suggesting that china trade deal, whenever it is done, could be signed in iowa of all places. a lot of fuel been talking about chilean conference it was due to go there in about two weeks. the conference was canceled. because. john burnett, we are talking during the press conference
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about this is the ultimate new yorker. that's why, is such a shame if he needs leaves new york because really the way he deals with subject, and so new york. it infuriates a lot of people but for new yorkers, instead of comforting to see in a way. people asked me how can you like president trump. i tell them, and never present truck. why because i love him. i love the president trump hope, nobody brings the fight like president trump is the mineo war room. you see this man for 14 minutes, we'll walk the rounds it took all of the questions and fired back on so monday different topics. it's actually a prelude to tonight his rally. >> and he talks about the jobs numbers today. is the economy is stupid. he said to the reporters, you don't think about it but i do. and you look we do look at the where the stock market is sitting right now, and you get this: people and how they about how they are leaving their four o one kays and how they are continuing to go higher they feel more secure in their lives. that at the end of the day is what gives people to pull the
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lever in the voting booth. he is onto something there. the market continues to move forward. >> how do democrats and on, come back to at least one thing. the jobs numbers alone. there is no denying that we never had a better jobs in america than we have now. we have a million more job offerings we have people looking for jobs. >> i think that's a fair statement. the democrats will come back to will make a similar argument the president made three and half years ago or three years ago now. the numbers don't tell the whole story. he succeeded that went out argument to the extent that he succeeded in that will be there. >> i think the democrats are going to push this impeachment and its going to be, come down to instead of what john is staying that the people of him, this would come down to do you hate him enough. do you not like the vulgarity, do you not like that bracket
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lets show that he has. it's going to come down to personal attacks on top. i think they will fail because people are going to see two things. one, i'm loving this economy. i have a job and making more her name into, trump is who he is. he's never hid the fact that he is donald trump all works and all. no pets are going to have a very hard time. >> i think john represents minority voters that absolutely loves president trump. there's another minority voters actually hate the vulgarity and name-calling of brother americans of the writing for things that he did accomplish either of the people in middle gary, who may be swayed by, if there is an impeachment, if he's impeached, if public opinion elites, you know what a president should it behave this way. and shouldn't do those things. i think you could have a factor. but i totally agree with you,
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but the economy also is good. >> when we get the phase is done with china, when we get the u.s. mca, all of those things will actually bolster this economy. and when people open up the mail, 24 oh 1k accounts and bank statements, and so forth. >> wood paneling and at at that, but the present began by staying is the economy stupid. according. [laughter] an acquaintance, that it may be true for this time as well. it is time to fall back after we spring forward. at the end of daylight savings time is fast approaching us. the sun they were gain an hour of sleep. that is great but lets it come at a big economic cause. we've got details coming up next. ♪
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insane he was born for this. i don't think so. that's according to the present. don't forget to turn your clocks back an hour this weekend is daylight savings time comes to an end on sunday. the good news is, this is the one where he actually gain an hour of sleep. but he comes at a price according to one study. economic loss of more than $433 million. why. because of increased heart attacks and workplace injuries and employees surfing the internet while at work. it's all blamed on daylight savings time. should we just leave the clocks alone. >> john: i don't know about this research, let's take those deeper dive into it. but we have president trump and it. we should actually deregulate this. leave it up to man that he could regulate this. submit i don't really care that much about it except it is a little depressing when it lets get dark earlier but after reading the articles of people not feeling well and getting actually, like clinically depressed are women having trouble with fertility in all of these problems i didn't even know existed is a result of it, let's move on with the assign of
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the time to move forward. don't necessarily have to do this. i think our village it hasn't that we do it because of the farmers need it to whatever get up. >> and go ahead. >> adam: i love getting the extra hour of sleep i won't live. i think it's a great idea that we should all set the clock to where we would like to send it. that would be a terrific idea because that would be the free market way to do it with it. >> [laughter] >> i come down on keeping it for one reason. it's a tradition. we have so few traditions anymore, and is something that i grew up with. keep it darn it. >> come with jackie, i am happier when it's lighter later. that is one reason why, there's monday reasons that while of the spring time potential of that extra hour of live at night. >> absolutely. i do worry about the slippery slope argument. to get rid of this, the
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electoral college as well. [laughter]. >> tradition is sometimes appointed weather is the electric college or daylight savings time. great stuff gain. have a wonderful weekend everybody. that doesn't for bulls and bears and thank you all for watching. >> stocks soaring. can polling the s&p 500 and the nasdaq to recognize. the economy on the move in the president also on move this hour. going to a keep america great again american rally. we'll take you there is the white house has a new plan to undercut 2020 democrats. even brand-new lower stacked cuts and this might be the moment that he'll live warren has lost the race. obama officials see that nancy pelosi had 2020 democrats joe biden, now blasting the socialist sticker shock of warren his new 52 trillion government takeover of healthcare. is a stacked tightening job killing
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