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tv   Barrons Roundtable  FOX Business  November 2, 2019 1:00am-1:31am EDT

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will be among his guests. catch my show ""bulls and bears"" at 5:00 p.m. eastern on fox business. trish: the president reminding people of the damage the democrats are doing to our economy. president trump: i think the stock market has been have much affected. i think the stock market would be substantially higher. but you finally got to see it. most of people thought it was the adam schiff rendition he made up. if that ever happened, you would have a crash the likes of which this country has never seen. trish: dysfunctional politicians can hurt the value of a country just like dysfunctional boards can hurt the stock price of a company.
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the dems are going totally nuclear and their ceo, in this case donald trump. we have hit records almost every month. look at the gdp. >> we don't work for this president or any president. >> the president attempted to coerce ukraine into helping them. >> no person republican or democrat should be able to jeopardize america's security and reputation. >> the trump campaign was only too happy to have the support of russia. >> republicans seem to be shrugging their shoulders at the president's gross violation of his oath of office. trish: sources tell me in the democratic party that democrats are worried. they hate the president, and this hate is causing them to lash out and act irrationally.
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the few who are still coherent and understand the winning strategy for 2020. they know nancy pelosi is making a mistake by not enlisting a bipartisan strategy. remember this? >> that's our focus, to take our eye off that ball is not good for the people. trish: she stressed the importance of bipartisanship. she said she wouldn't do this unless it was bipartisan. she said he wasn't worth it. apparently now he is. now he's worth impeaching with the vote along party lines. democrats think it's their duty to take down the president. i mean, nancy pelosi is now out
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there and late night tv quoting thomas payne. >> in the early days of our revolution, thomas payne wrote, the times have found us. they declared independence. they fought a war, they established a country, they wrote a constitution. the genius of that constitution is three coequal branches of government. trish: wouldn't thomas pain and everyone that helped form this country, wouldn't they want what's best for the country? if we were a corporation and the board of trustees was in the middle of a nasty fight to take out the ceo, our stock would be going down. a performing productive ceo with great numbers shouldn't wind up stuck in the middle of a political board fight.
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we are not a corporation. we are a country. the greatest country in the world, if you ask me. our discourse is done in a respectful, healthy way and it makes us stronger. these days it's not a debate. it's not respectful discourse. it's personal. so i ask, why would any lawmaker try to push america's stuff down. joining me, niger innis. i know these dems think they are doing the country somehow a favor. but knowing that this is a political charade, knowing that there is no bipartisanship whatsoever. doesn't it do the country a whole lot more damage than any good? >> i think it does. but i'm going to correct you minorly. there was a bipartisan vote, if you will. a couple of democrats voted with
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all of the republicans against moving this impeachment inquiry forward. trish: bipartisan in the opposite way. and you know, i think these individuals know, i think it other 29 democrats that were elected 0 to the house of d elected to the house of representatives in trump districts, they know people in the heartland are not for this nonsense. you have the elite in washington, d.c., some of their friends in new york city. i call them millionaire socialists. far left-wing activists. and the entrenched bureaucracy that are desperate to get this man by any means necessary, and if you don't believe me, believe congressman al green of the black congressional caucus who said if we don't impeach this
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man, i think he will win reelection. trish: it is a political charade. they won't get to first base in the senate. even if they are successful with an impeachment vote in the house, it doesn't go anywhere. now, you have this impeachment into nothing. why? you are just wasting american taxpayer dollars and wasting everybody's time. it's a drain. >> it's partisan politics with a bazooka, and the bazooka is aimed at the united states constitution and the american people's faith in our government. oftentimes the far left-wing folks guess wrong. this could come back to rally trump's base. if there were any cons or
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independent or moderates thinking of abandoning trump, they will rethink that now. trish: a lot of money has been coming in since this all you can folded. this has never been so one-sided. never in history. if you look at modern history, these impeachment votes, inquiry votes. for clinton, you know, some bipartisanship. for nixon a ton of bipartisanship. for trump there were no republicans that crossed over. so that tells me there is a line in the sand. there is a red line. there is a group that's just not willing to back down on this. and i would expect, other than maybe utah, the same thing will exist in the senate. >> are we talking about pierre -
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about pierre delecto? >> the american people didn't think he was delectable. that's why they re-elected president obama. trish: americans are a lot smarter than the d.c. politicians think. america's future at stake. liberal activists are targeting high school honors classes citing white toxicity. also tonight, caught on tape. annex acting cia boss expressing gratitude for the deep state's impeachment push. >> thank god for the deep state.
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self-proclaimed capitalist elizabeth warren pitching if implemented one of the largest social programs ever proposed. the cost? $52 trillion. she says middle class taxpayers won't see one inch of a tax increase. so either she is really bad at math or she is lying. take your pick. >> i believe in markets. i believe in markets right down totototo she wanted a roommate to help with the cooking. but she wanted someone who loves cats. so, we got griswalda. dinner's almost ready. but one thing we could both agree on was getting geico to help with our renters insurance.
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trish: elizabeth warren finally releasing the details of her medicare for all plan and it's pricey. she envisions spending just under $52 trillion over the next decade on a government-run healthcare system. to put that in perspective, that's more than double what our gdp is as a nation.
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how is she going to pay for this? the majority of the burden she says is on business. that big awful business sector. they are going to fork over money to the government. the taxes are also going to go up she says for the wealthy and for corporations. if you take any money extra home because of her plans, she is going to tax that, too. but somehow taxes are not going to go up on the middle class. so she is either really, really bad at math, or she is totally lying through her teeth. vice president joe biden is calling out that claim saying quote, the mathematical gymnastics in this plan are geared towards siding a simple truth from voters. it's impossible to pay for medicare for all without middle class taxes increasing.
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>> an economist at the university of massachusetts amherst said that could result in 2 million jobs lost. >> i agree. i think this is part of the cost issue and should be part of a cost plan. trish: joining me madison gesiotto and dr. marc siegel. you are talking about an enormous amount of money. this is more than any climate change initiative. this is like the biggest plan i have seen. and it's going to result in businesses having to buy these government plans so you lose, dr. siegel, the plan you have, you trade it for a government plan, all while really not getting anything, if you ask me,
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in return. so fewer people to service you in the business? >> a couple points to start with. i don't think even $52 trillion covers it. the urban institute says $30 trillion in new funding. it will cost at least $10 trillion more than she is saying. that will be right away taxes to the middle class directly. almost $9 trillion they are getting out of increased payroll taxes. the generous plans they are giving employees. you know what's going to happen? employers were lower wages. second, they are going to get rid of full-time employees a lot of the time. they are going to say, now that we are not giving them the benefit of the health policy we'll do it with part time employees and seasonal workers. two million jobs is a ridiculous
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estimate. it will be 10 million jobs in my estimate. trish: madison is she just not that smart, really bad in math? see it's common sense but she doesn't want penal to know what's really going on. this an example of one of the many plans she and the other candidates have proposed. bernie sanders' plan is estimated to be $32 trillion. guess what. when you look at the plan, they want free college tuition and free housing. they can't even pay for one of them. they are continuing to propose these plans wet there are americans out there who really need help. trish: we have seen it in a lot of campaigns. but have you ever seen anything so aggressive and so extreme?
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>> hospitals she openly admits will be paid a lot less and doctors will be paid a lot less. in a time of greats innovation you won't be able to get the care you are getting now. research jobs in hospitals are going to be cut because medicare won't be able to pay for them. hospitals she admits, elizabeth warren admits hospitals will be paid a lot less. a lot of them are struggling to survive. trish: is this sort of venezuela, mike, in some ways. >> just like we saw with president trump, they will promise you can keep your doctor and things will be great. when the government took over and tried to do great things for the va until president trump stepped in we saw veterans who waited to a point where they passed away.
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trish: i want your reaction to her pivoting on israel. she used to be more supportive, now indicating she is not. >> this is on a day when there are rockets attacking from gaza, a place is rail gave back for the sake of peace. christians and jews have lived in judea in peace for thousands of years. the idea of giving that back is contrary to all realities. a time when the principle rrp authority. trish: the impeachment push is sending even more money into the republican coffers. my next guest says it will backfire big time on these democrats. here's to the straggly ones.
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trish: reports that the democrats impeachment push is causing the republicans coffers to increase. reports that the president will have a massive war chest worth $1.5 billion to beat any socialist candidate the democrats serve his way. the president could have both money and public opinion on his side. because impeachment polls show the majority of americans don't want impeachment. this lack of bipartisanship makes it appear this is a total political hit job. nixon and clinton there were votes across the aisle.
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have the democrats ruined it for themselves? joining me, the tea party patriots co-founder, and david morey. you look at those swing state places like arizona, florida, michigan, pennsylvania, wisconsin. the majority of people don't like the idea of impeachment. they said we sent these lawmakers to get something done and instead they are caught up with this charade that's going straight to nowhere. >> i think they see what's happening, especially the voters in the battleground states. the vote shows this is a purely partisan political hit job against the president. even speaker pelosi said impeachment must be done in a bipartisan manner or it may divide country. she said in march of this year it had to be overwhelming and
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bipartisan. let's vote was underwhelming and purely partisan. the on people voting in a bipartisan man were were the two democrats who voted against impeachment. across the country, swing state voters see through this. trish: if that's the case and the swing state voters see delight and president trump continues to get more and more money into his campaign coffers, could this backfire? >> i respectfully disagree with broaft you. president trump will raise a lot of money. but we are early in the process. we are getting to the public phase of it. it will have by definition more participation by both parties in a public forum. there are polls that argue against the assumption. the 538 polls say the majority
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of americans support an impeachment inquiry and a plurality support a conviction. trish: based on what? the polarization is going to be the problem. trish: we have already got that. total polarization. one of the things that's most of troubling is nobody is paying any attention to actual facts. you can read the darn transcript. say what you want about it. you can hate the idea that he said do me a favor. whatever. is it worth impeaching a president over that? that's a pretty massive leap. >> it's not a transcript. it's a summary. let me make a point. the president is not just exploiting and taking advantage of the polarization, in some ways he's running on it.
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probably not elizabeth warren per your previous segment for elizabeth warren to be a change leader in the middle. they don't just bring the democrats in polarization. trish: good luck trying to find someone right now. let me go back to jenny on that one. you look at the field. poor joe biden. he was sort of the best hope. and he's having clearly some challenges on the communist front. and so he's sort of out of it. then you have socialists. you see 52 trillion plan that would be an absolute disaster for our economy. i don't think most of americans if they have any common sense will go for socialists. soth have got no one unless hillary gets back into things.
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>> we certainly have been through that again. i think we would see a repeat if she were to up' in. but i don't think they have anyone who will beat president trump. if they did, i think the democrats in the house would be focused on next years election already. we are watching with this political partisan impeachment process, it's to rig the elections and meddle in the 2020 elections. it's clear the radical democrats hate president trump and they hate the people who voted for them and they are pushing this. it's divisive. even if the polling shows that you are talking about nationwide david that it's different numbers nationwide. at the end of the day, what is going to matter is how the voters in the swing states vote. they are the ones ultimately who will decide.
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trish: right now the numbers are not on the democrats' side. caught on tape, annex-cia boss expressing gratitude for the deep state's impeachment push. >> thank god for the deep state. trish: former characteristics a station chief daniel hoffman and kt mcfarland are here reacting orlando isn't just the theme park capital of the world, it also has the highest growth in manufacturing jobs in the us. it's a competition for the talent. employees need more than just a paycheck. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source for personal savings and protection solutions. the workplace should be a source of financial security. keeping your people happy is what keeps your people. that's financial wellness. put your employees on a path to financial wellness with prudential.

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