[laughter] jack: thank you, guys. to read more, check out this week's edition at barron's.com, and don't forget to follow i on twitter. that's all for us, see you next week on "the barron's round table." ♪ ♪ lou: good evening, the radical dimms' impeachment extravaganza rolls on. but unfortunately for schiff and the dimms they are more promotion than production. three star witnesses up, three abysmal performances. if this is schiff's trial run, he's done. the factors of the schiff impeachment turkey keep propping this mess up but they should bring the curtain down on it all. today they trotted out the former ambassador to ukraine,

marie yovanovich, but she farred no better than the two that proceed her. how bad is this turkey? none of the diplomatic witnesses have met or talked with president trump. when asked in the hearing room, nobody of the thee could think of a single thing president trump has ever said or done that would justify an impeachment by congress. not one thing. but all three freely shared their feeling and emotions and western perfectly happy to share hearsay. adam schiff knows he has nothing at all. but that is why he's simply stopping republicans from asking questions like he did congresswoman elise stefanik. >> i know you had a few quick questions for the ambassador.

yield to you -- >> the gentlemen woman will suspend. >> what's the interruption for? >> you were not recognized. >> i just recognized. >> you are not allowed to yield time. >> ranking members yield time. >> that is not accurate. >> ambassador yovanovich i want to thank you for being here today. >> you are not recognized. >> this is the fifth time you interrupted duly elected members of congress. lou: schiff having a tough time shutting down his weeks of hearings and demonstrating he has no desire whatsoever to be transparent or fair or in any way approach due process for president trump. the president took notice today.

president trump: i have been watching today. for the first time i started watching. it's really sad when you see people not allowed to ask questions. nobody has ever had such horrible due process. there was no due process. i think it's considered a joke all over washington and all over the world. the republicans are given no due process. we are not allowed to do anything. the american public understands it. lou: the american people more than understand it. how concerned are americans about the radical dimms and their dramatic impeachment political theater. the answer seems to be not at all. the stock market, a very good barometer soaring to all-time record highs. the dow breaking the 28,000 level for the first time in history. we'll have more on this

record-setting market despite the radical dimms and their farce in washington later in the broadcast. turning back to the dimms impeachment charade, house republicans on the intel committee are doing their best to hang up the witnesses and lay out a defense of the president. the sham impeachment process that the radical dimms concocted wouldn't exist if there were a single element of doubt that would ultimately -- that this would ultimately work in the senate. the failure of the senate republicans to vigorously defend president trump in fact is enabling the democrats to carry out this impeachment charade. if they understood that the senate was rock solid for the president, not even the schiff-led dimms could carry out this circus, this joke, this

farce. kevin corke in washington tonight with the story. kevin, good to see you. reporter: the president agreed to meet with ukraine's president without preconditions. we learned by way of a transcript. you and i talked about that first call. today we learned about the previous phone call between the two leaders. in that transcript we saw the president took the april 21 call while on board air force one. it predated the conversation on july 25 which according to adam schiff sparked the house impeachment inquiry. more testimony including the former ambassador to ukraine, marie yovanovich who across knowledged she wasn't on the call in question. she said the president, not president obama supplied ukraine with lethal aid to suppress

russian aggression. but the president's tweet sparked a furor. >> everywhere marie yovanovich went turned back. she started out in somalia, how did that go? then fast forward to ukraine. it's a u.s. president's absolute right to appoint ambassadors. but the tweet caused howls in the halls of congress with the democrats accusing the president of witness camperring and intimidation. yovanovich said she felt threatened by the president. the president said he was defending himself. president trump: i have the right to speak, i have freedom of speech just like other people do. but they have taken away the republicans' rights. reporter: we are look ahead to next week. more impeachment testimony

including kurt volker and fiona hill. it should make for an interesting week in washington. >> a commercially successful week if it's any indication from all the news networks covering this radical theater. kevin corke, great to see you. today's testimony from ambassador yovanovich leaving even the radical dimms wondering why in the world was she there. chairman schiff trying desperately to portray the removal of ambassador yovanovich as a nefarious act by president trump. but even the ambassador, it took less than five minutes for schiff to undercut his own argument. >> some have argued that the president has the ability to nominate or remove any ambassador he wants. they serve at the pleasure of the president.

and that is true. lou: that was true. what was your point again, adam schiff? it's clear this latest episode of the impeachment debacle will blunder on. ranging member devin nunes showed how little ambassador yovanovich knew about any events the dimms claim were relevant let alone somewhat impeachable. >> were you involved in the july 25 trump-zelensky foreign call or preparations for the caught? >> no, i was not. >> were you involved in the deliberations about the military sales to ukraine as the trump administration reviewed president zelensky's commit to the corruption reform. >> no, i was not. >> were you involved in the pence-zelensky meetings on september 1. >> no, i was not.

>> did you ever talk to president trump in 2019. >> no, i have not. >> mick mulvaney. >> no, i have not. >> thank you, ambassador. not exactly sure what the ambassador is doing here today. lou: there were many people anywhere in that hearing room. earlier we received confirmation that the dimms are using the term bribery instead of quid pro quo if you would like to mark that in your program as schiff moves into one swamp pool after another. it resonated better with focus groups. the radical dimms are testing this nonsense with focus group. republican chris stuart's questioning cut through their newly researched contrived messaging. >> do you have any information regarding the president of the

united states accepting any bribes? >> no. >> do you have any information regarding any criminal activity that the president of the united states has been involved with at all? >> no. >> no? lou: no. no. no. the order of the day and the week with after five hours of testimony from the former ambassador, republicans had enough of the dimms' nonsense. >> i have indulged you with extra time. if you my indulgence is wearing out. >> our indulgence wore out with you a long time ago, mr. chairman, i will tell you that. >> i am about to gavel you down. lou: joining us is congressman scott perry. congressman, good to have you with us.

these radical dimms are treating the american people as if they were dumber than dirt. running focus groups, they can see americans see what fools these experts are being led by adam schiff of all people. >> that's exactly right. we were wondering the same thing. what is the ambassador doing there except to be used as a tool for the sympathy for their argument. she had no conversations with the president, she wasn't present regarding the setup of the caught. she was completely out of the country and disengaged a month or two prior. so what was the point of her even being in -- this an impeachment inquiry. so what was the relevance of her being there. unfortunately it was just 5 1/2 hours wasted of her life and all

of america's life trying to figure out what the relevance was. one thing we found the out and she validated is that burisma, even though we are not allowed to talk about that right now, and hunter biden's involvement with it was brought up under the obama administration. so much so that they coached her about it for her confirmation hearing in the senate. it was important for them to talk about but heaven forbid we should talk about it in these proceedings as an issue of concern for the american people and this president. lou: adam schiff is not concerned about the american people. he's running a game, trying to, on every one. but the scam he's running isn't work. let's go your colleague john ratcliffe. >> out of thousands of companies in the ukraine the only one you

recall the obama-biden state department preparing you to answer questions about is the one where the vice president's son was on the board, is that fair? >> yesw. >> he tiftdified i raised hide concerns that hunter biden'sing position as a board member couldn't create the impression of conflict of interest. >> yes. >> was it a legitimate concern? >> sit could raise the appearance of a conflict of interest. >> it could raise the appearance of a conflict of interest. they spent enough time coaching her on this, so it was important enough for the last administration. but when the current president is interested in investigating the appearance of conflict of interest, that's out of bounds and apparently it's impeachable. lou: it's clear after the first

three witnesses they produced this week for their star power in this inaugural of their impeachment theatrical production. it's clear not one had direct knowledge of anything, knew nothing firsthand, and frankly, this is -- they led with the strength -- this is only going to get further disastrous for the dimms. this is truly a disaster. >> well, meanwhile, lou, the economy is soaring, but how much better could it be if we were looking at the usmca or funding the government past next week when the continuing resolution runs out. dealing with structure, things that matter in people's lives. this has bent focus for this last year and literally three years now. so that's unfortunate for all the american people who think they are paying their taxes so their representatives are work on something in washington they

want to see improve their life. lou: i know one thing. the american people are not being fooled by this. they know the record of these democrats who took control of the house this year. they have done nothing. there are suggestions nancy pelosi will consider it after these hearings are finished. they reached a level of preposterous ignorance that i can't even imagine what their internal polling is saying to them. >> i think they are going to keep going. we have more of this scheduled next week. and as you probably also know, i just came up from the scif. while they are talking about transparency and having these hearings in public, we are auditioning another witness in secret to see what that person knows and we'll probably bring him out at some other time in

the future. >> my guess is the hearings from becoming bipartisan. the republicans would be foolish to deny the radical dimms their hearings that would make them look like complete idiots. >> obviously we want to be out there doing our job, making sure even though the president's counsel can't be present and even though we can't call witnesses and we are being muzzled by adam schiff, we are trying our best to tell the other side of the story. adam schiff cherry picks little parts of the testimony to look the president look bad. lou: congressman scott perry. wall street earning the week with another round of record highs. do investors seem concerned about adam schiff, nancy pelosi and the radical dimms?

the dow above 28,000 for its first time ever. the 11th record close of the year. the s & p 500 you have 24 points. the nasdaq up 62 points. the 16th record close of the year. volume on the big board. the s & p and the nasdaq up just about a percent. a reminder to listen to my reports three times a day coast to coast on the salem radio network. up next, the president of brazil sharing a somewhat cozy relationship with president trump but opening his doors to china. dr. michael pillsbury joins us tonight. we'll take that up and much more. was marie yovanovich caught

hiding something in her testimony today?

>> policies change but not for

those seeking to do the work of protecting tour nation, the work you have done for decades. lou: perhaps without realizing it, congresswoman val demmings did a good job of laying out what they are trying to do in that hearing room. the dimms believe the deep state have the right and responsibility to carry out the orthodoxed policies no matter who is in office. marie yovanovich denied pressuring the ukrainian prosecutor from investigating certain groups. >> i want to reiterate that the allegation that i disaccept

night a do not prosecute list was as fabrication. the former ukrainian prosecutor acknowledged the list never existed. lou: not quite. as investigative journalist john solomon and the "new york times" both reported. poroshenko denies he deny that allegation. he says it was based on a bad translation and yovanovich did pressure him not to prosecute those sacktivists. joining me, robert wray. this -- rather than characterize it myself, let me defer to you. what are we watching here? >> that's a big tangled web.

to keep it simple for the moment, the best way to describe it is there is a power struggle and policy dispute going on between the administration and the state department about who is running the show here. the democrats are falling right into that trap which i think most americans pretty clearly understand that this -- if left to its own devices is a food fight and it has very little to do with what i thought they were supposed to be about. this is an impeachment inquiry. not scene oversight hearing. i don't know how we got so far off the track. lou: wherever we are with the implicit guidance of the speaker of the house, in already, the question becomes what is the point of this now that he has moved so far afield. >> every day i take another tour

through the federal criminal code to read the statutes when we have the next flavor of the month. idea it was attempted bribery. today they want to talk about with itness tampering. before that it was collusion, before that it was obstruction of justice regarding the firing of jim comey. there doesn't seem to be any end or length to which the democrats will go to attempt the impeachment pin the tail on the donkey. impeachment in search of a crime instead of laying out clearly before the american people what the ask choice is about, what the purpose of this impeachment inquiry is. lou: does it not seem a shame that we don't have one required, one institution that's held in such high esteem or public regard that he or she would that

kind of gravitas and integrity are larger institutions could stand up to the radical dimms, the democratic party and say this is awful and it has no place in american society. and that we watched a president publicly flayed against the wishes of the american people with an election 12 months away. how dare you treat a president as wrongly as he has been treated. >> you are on to something. why are we not able on a bipartisan basis to act in the best interest of the country. who can we look to to be able to say stop. and i don't know. it doesn't look like it's going to happen in the house of representatives.

my hope is the united states senate in a speedy way can dispose of this through a motion to dismiss. whether that happens or not, i don't know. lou: we know how it looks it's not good. stay with us. much more ahead. cologuard:

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