tv Bulls Bears FOX Business December 5, 2019 5:00pm-6:00pm EST
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might do that. >> i'm not sure there is enough action on the ride. i like the fast and scary rides, i don't know, we'll see "bulls and bears." david: politics aside, we want to usher in holiday spirit, president and first lady and a host of musical performers getting set to light the national christmas tree, we'll bring you the tree lighting. but first here is what the president was greeted with this morning. >> the facts are uncontested, the president has engaged in abuse of power undermining our national security, and jeopardizing the up the integrif our election. david: a dramatic show down, speaker nancy pelosi and democrat take a step today toward impeaching the president, this is "bulls and bears," thank you for joining us, i am david
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asman, joining me on the panel. zachary, liz peek, john burnett and steve moore. things getting heated today after speaker pelosi announced house democrat will pursue articles of impeachment against president trump. >> do you think that president -- -- i don't hate anyone. we don't hate anyone, not anyone in the world. this is about the constitution of the united states and the facts that leads to president's violation of his ocea of the oa, as a catholic, i recent the fact that you use the word hate, i pray for the president all of the thyme time -- time, so don't mess with me. david: markets were largely
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unfazed. >> look. we have great news and reports on black friday, record making sales, and terms of the entire holiday sales. projections are over 1 trillion in sales, looking at it, why would wall street go for this head fake. nancy pelosi ended her speech, i was scratching my head, i said okay, what did she say that we didn't already know. wall street is not going to act off of head fakes or play actions, they want concrete information. >> barring this becoming an actual economic crisis, whether the government shuts down or something that really impacts consumer sentiment and actual behavior. this is a separate track from what is going on economic and in the market. it was true in 1974, and -- 1974 of a terrible year.
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because of the arab oil embargo, no watergate. but to degree this is consequence. it is not for amazon shipping or how many iphones will be sold. david: let's bring in someone who was in congress in 1998, still in congress now, house judiciary committee republican congressman jim sensenbrenner, have you been to this rodeo before congressman, thank you. i want to ask you about speaker pelosi saying she can investigate and legislate at the same time, but also, i have to ask, she said that facts of the president's guilt are uncontested. now i thought every republican in the house contested the facts. >> you are right on that. this is a partisan impeachment. it is a partisan roadshow. pelosi is part of the far left element of the house democratic
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caucus that is why she is the speaker. and they want to get attention off of the fact that the economy is booming. and all of the figures that i heard a couple of minutes ago shows that people have more spending money because unemployment is down. take home pay is up, and the best part is that minority unemployment is record lows, what donald trump is been doing with the economy has been working as we've never seen before in the last 50 years. he should be reelected because of that. >> congressman, we keep hearing about the 31 legislators, democrats in trump-won districts, in a lot of state where polling appears to say impeachment is not popular. how is nancy pelosi persuading those people to vote for impeachment. she must be doing that or she would not have made that
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announcement today. >> i would predict that pelosi is going to give her marginal and targeted democratic members a way to rope a dope and fool their constituents by having multiple articles of impeachment, they can vote against a few and vote for the others, and peach pooc impeachml passes, and there will be a trial in senate next month. i can say only good thing about this, is at least there is the end of the tunnel is near, i can't say there is light at the end of the tunnel. because i don't think so. you will see bitter divisions on how clear that evidence is on the president committing an impeachable offense. american public have been buffaloed because schiff and nadler spent all their time putting out one side of the story. and president and the
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republicans have either been hamstrung or denied the opportunity to present the other side. you know they is not fair. the american people are very, very fair people. >> we already know that america is fatiguing with the impeachment inquiries. there is a glaring issue, the agenda, when do i mean? -- what do i mean? what is not getting done. we look at prescription drug prices off the roof, and infrastructure, looking at so many different things, u.s usmct being passed. what to we have to say about that? >> well pelosi and her ultra liberal colleagues, you know, i guess don't care really about that. they have been trying to boot president trump out of office right from the time he was elected. and most of them have made no bones about it.
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you know the fact of the matter remains is that both the democrats in 74, and we in 1998, bent over backwards to be fair to the president, and allow the presidents, nixon and clinton present defenses in the very televised hearings. judiciary committee and house of representatives reached a done a conclusion, well not in nixon's case but because he resigned, but in clinton's case it was prevented to house and senate -- presented to house and senate, like. you know a deckeker a decke -- a mill. they are not being fooled. >> you were pretty central to 1998 impeachment hearings, it
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strikes me as somewhat hypocritical you saying this is partisan. yesterday in the hearing, a colleague used nadler's words against him. he said we this sheriff have a partisan impeachment of a president the way that happened in 1998, you are acting as if you are not absolutely complicit in 1998, which you were. why are you not taking ownership of that. >> sure, i take ownership of that. the vote in the house, start the impeachment inquiry, there were 21 democrats that voted for it in 1998. this vote, only one we had in the house, there were no democrats that voted for it, two democrats voted against it. when we actually did debate the articles of impeachment on the floor or house passed two and rejected two, there were a few democrats that voted for
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impeaching president clinton. you know one of them was a man named paul mchale from pennsylvania. who ended up getting of -- off e by democrat party, there is a difference in 1998, ken starr did most of the grunt work, he spend a couple of years investigating, clinton was accused of lying to a grand jury and obstructing justice. there was clear evidence in the 36 boxes of evidence that starr sent to the judiciary commit they clinton had done that here. special counts appointed mueller submitted a report that did not say that president submitted -- david: congressman. you will be happy to know that this -- you won't have to see the end of this rodeo, you are
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leaving office before it is likely to go through senate. we wish you -- >> that is not the case. >> are staying? >> i'm staying through the end of the term, which is january of 2021. david: okay, forgive my, i thought you were out early. you will see the whole process, you are going out with a bang. >> well, yeah. that is not the way i wanted to do it i really wanted to do something about prescription drugs. many maybe that coming, i hope so. david: we hope so, jim sensenbrenner thank you. >> thank you much. david: here is here live look autoed of white house, where national tree lighting ceremony is underway. president and first lady to flip the switch at any moment, we'll bring it to you live. >> the starting gun. david: key members-obama former white house team now throwing their support behind a 2020 candidate, it is not joe biden,
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so get allstate and be better protected from mayhem, like meow. david: democrat president at contender, pete buttigieg picking up support. why they those mayor pete. >> as i got to know him, i have been impressed, the country needs someone who is not from the dc beltway experience. i said, if you -- if you don't say i'm going to offer everything free to everyone, it allows you to concentrate a little bit more and spread it to the people that are hardest hit. david: could th the endorsementr mayor pete hurt biden. >> biden may or may not be in
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the world of hurt but these are three votes he will not get, these are not most high profile, substancsubstantial from voting perspective endorsement. there is a lot of tumult in democratic race, this in and of itself is not a big deal. >> i can't believe i agree with zach. >> everyone take a deep breath. >> look at biden for a second, i don't think that biden will lose one senior vote for the black vote, those two democratics hold steady. and looking at secretary former presidential vice -- should say presidential candidate, and 20 years of experience. working with biden.
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david: john kerry is endorsing joe biden. >> will that help him? not really, hurt him in no, but pete buttigieg will not be able to cut into biden. >> i disagree with you both. three things, money, joe biden is not raising any. pete buttigieg is cleaning his clock. talking to people on wall street, they think that joe biden is out of touch, not a viable candidate. he does not debate strongly, he has already mucked up on debates, and polling, almost every state, his polling is way down, nationally he is in the lead, but mike bloomberg. he will go for moderate vote, i do not know a single democrat in new york, just new york who does not think he is a better, safer bet than joe biden. >> campaign money talks. >> it does. >> but campaigns as speaking as a candidate. you have to get out and engage
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voters, i don't see bloomberg, he is not a retail -- >> he is terrible i agree. >> middle in in southern states you have to get out, bloomberg is not committed to that. >> i had a 4 thing mayor benjamin 3 term african-american mayor of south carolina, a leader of the state for black vote he came out for bloomberg. >> you look at mayor de blasio campaign. >> what campaign. >> right. >> he had an endorse. in south carolina from a mayor, not going to work. >> we'll see. >> this is a case, as much as demand as these commentary there is certainty, this is most wide open primary race, like the republicans in 2016, where gaming this out, you could make a credible case for about 5 different people, i have no idea
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which way it would go, i don't think that right now, until iowa, iowa is not going to conclude. >> it might be a brokered convention. >> that is what i'm talking about. david: that would be better for bloomberg. >> u.s. navy confirms they inser tepped in--intercepted a secretm iran. we ask walid phares what this could mean coming up. your credt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k.
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iranian missile parts while off of the coast of yemen, president trump condemning behavior at a meeting with u.n. security council officials at white house today. >> counsel must take action to confront these and other dangers facing the world, that including behavior of the iranian regime which killed hundreds of people in a short period of time. they are arresting thousands of their own citizens in a brutal crackdown in resent weeks. because they are protesting. america will stand with the iranian people. in their righteous struggle for freedom. david: joining us now, walid phares, president trump promises a harpe hashimoto -- harper cran but what can we do. >> we have the biting sanctions that looks like some of them have prompted regime not to
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spend on people but themselves that triggered most of these demonstration, but regime is supplying their allies in regi region. and we have intercepted one of those shipments, we can do is use soft power inside of iran, hard power outside. soft power, bringing. hot power outside, what we're doing in iraq and syria. blocking iran from reaching eastern mediterranean. there are many things that president can do with his administration. >> there has been a court ruling by the u.n. court against the the united states and in favor of iran, saying we should give them a great deal of money, the president and his security council are not wanting to do that. do you think there is a connection between publicizing the discovery of the arm shipments, they have been
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repeated now, we had several of them and that court ruling? they trying to show the world that iran should not and cannot be trusted with increased funds? >> that is very possible. iran regime should not be trusted even without the ruling because of what they have been doing in the region from lebanon, syria iraq and yemen, shipping missiles to be able to august attack saudi arabia. what is important now beyond what iran is doing outside of iran, is inside of the country, they have been killing, as president said, hundreds and hundreds of demonstrators, putting thousands in jail, torturing them. i think that u.n., should look in that direction inside of iran that is where the game is now. >> president trump has made it clear he wants to stay out of the middle east, he does note tonotwant to get our country in
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another war. given that -- that being the point, the thing when you look at what happened this year with the kurds, you mentioned soft operation. how challenging is it to actually develop an ally, arm them, will they trust the united states? or look back at how things actually melted down with the kurds? >> you have an absolutely very strong point here, many among kurds, among other mone minoritn middle east, some our friends in gulf, including saudis and the uae, they were nervous about the grand plan, i agree that soft power, if you know how to apply it could create a lot of changes that would avoid hard power. >> the american revolution being maybe an example of violent revolution working as you know, they end up being chaotic.
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and in case of iran, if this regime were to fall in the way this came to power in 1979, you look at catastrophic vacuum in middle east, would that be better? >> that is why we need to be prepared. that is where we are lacking still in the area. because we need to have relationship with the opposition. iran is formed of persian element. but have you many minorities, kurds, arabs and others, we need to have an architecture. with engagement of people with iran rather than regime. and look at soviet union collapsed. it was stronger than iran it did collapse, the people of soviet union had it with the oppression. david: iraq. and iran's influence there.
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we spent a lot of human treasure in iraq it appears to a large extent iranian mullahs are pulling strings there is that a concern, how do we stop it. >> it a concern, but can stop it but we need to folk us in washington and unify ourselves, like we spent 85% of capital on iraq last 15% we're afraid. last 5% would be support the iraqi people. we'll have a domino people, iran, iraq, le lebanon potentiay yemen, but we need to be unified in washington. david: thank you walid phares. >> thank you. david: elizabeth warren's latest plan taking on mega-mergers, it is meeting stiff resistance, we'll stell you where -- tell
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david: we're looking at a live shot of the national tree lighting ceremony. by way yesterday there was a tree lighting ceremony, that was the capital tree. this one we have president, first lady, they will take the stage in moments to flip the lights othis is a 97 year presidential tradition. we will bring it to you. >> elizabeth warren getting a lot of flack for a major
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platform regarding corporate mergers, some say would allow reverse of mergers that happened as long as 20 years ago and block future ones from any. they are pulling back saying it of the not really ready, hillary vaughn on capitol hill. reporter: i spoke with someone who had direct knowledge of the bill, called anti-monopoly and competition restoration act, senator warren wants regulators to do through the bill, have them retro actively review, past mega-mergers that have gone through over past two decade, and possibly undo them, that could throw past acquisition to chaos, some big ones, if that draft bill ever became law, would be facebook, purchase of instagram and what's app, at&t, acquiring time warner, google and youtube and amazon ownership of whole foods and za zappos,
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warren is considering changing antitrust law to mergers are not just reviewed on how they impact consumers but entrepreneurs, and innovation and privacy, that means companies like apple, google, facebook and other large corporations, become to spotlight for any future a -- acquisition and face questions how they protect privacy before it is green lit, there are appreciate protection for worker in gig economy, included in this bill that would allow them to unionize, impact company like uber and lyft who rely on independent contractor, turning ftc what is described as super agency, mandates they put rules on book prohibiting certain conduct by u.s. firms and give them power to sign off on super size merger giving them more
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control over massive accusations than department of justice has now. -- they felt ambushed by the like of this, it was not in final stages, they were floating it around to antitrust experts to get their import. david: that is crazy, our head are exploding here, hillary thank you, does that pullback on this show that her campaign realizes, maybe move too far to the left on economic policy. steve moore. >> good to be here. look, this is not just elizabeth warren. this is an extreme -- our heads you were bursting with those intrusive economic policies. but most on democrat on capitol hill want to do this,. david: but 20 years back? >> they want to break up these big companies, which p to me, im proud of fact the great
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companies are american companies, and europeans have been attacking them on antitrust, we should be defending american companies. one other quick point, i am onboard of two start up technology companies, you know we want one of these big you know companies -- that is -- this actually helps generation of technology companies, you have a google that might buy the companies, this is good for small, and there is good way to deal with antitrust, no antitrust, get rid of trust busters. >> a bizarre bill for asome tonm that you does not quite exit, the technology industry is highly competitive. the problem, if there is one is where money goes it has large to to with venture capital, they want clear more higher multiple exit strategies, certain types of biotech or utility, the less
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sexy in the moment stuff does not always get funding, that bill would do nothing to address, that you could say it would be better if more money went to you know next generation, energy, some does, rather than the cool new app. but this bill does not. >> i think concern is go growing power of big temp company, elizabeth warren looking at facebook which hazarding -- has, arguably bought some of their possible competition. i do think that probably, next time one of these big companies wants to acquire a up start rival, that is might make some dent in their the business, that administrator may look at this, otherwise all about control that we've talked about a thousand times. david: her campaign realized they went too far left. >> based on backlash, you know,
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to steve's point at heart of this antimonopoly type of bill. is socialism, right? we passed -- a piece of legislation a long time ago. >> sherman anti -- no, the antimonarchy bill, the constitution. and you know, we need to allow free markets who to work, we don't need government to step in cherry pick which industry they want to monopolize themselves, pick winners and losers. >> we do that sherman antitrust act. >> we should get rid of it about maybe, but -- they were not based on a socialist idea, they progressive reforms. david: guess what, very nitty-gritty conversation gives way to lighting of the christmas tree, president and first lady are welcoming in holiday spirit. here it comes. >> 2, 1. >> woo.
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♪ ♪ we wish you a merry christmas ♪ david: a 97-year-old tradition, a 30 foot colorado blue spruce, from pehl mira, pennsylvania, with one of a kind ornament, that representing every state, and territory and district of columbia. >> it is aluminum or real tree. >> a good question, there is a real tree. >> that is it. david: fbi out with a fresh warning about household item that could be spying you on, more details you cannot afford to miss on this alarming report coming next. an official message from medicare.
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david: the fbi issued a warning that start tvs with built in cameras could be spying on you, warning hackers could takeover your un uny un-- secure tv, cybk you. >> it is a realistic problem. the deal, is we have our existing tvs, software gets updated on tv set, that may reset your privacy controls because you want is to just know how much of your own privacy you want to share. you want to taper that down to what you are comfortable with or turn it off. and then have you hacker side. which is how can someone get into my tv, and snoop on me, that say easy thing, when you add this roku sticker on another device that each one of those opens up access to. so, i think really good idea is
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everyone time you change your smoke detector battery, you want to take a look at your tv settings. did back to that initial set up -- david: what a pain. >> it is a pain in the rear end, but it worth it, you better believe they have power to snoop through your tv, not many tvs have webcams at-this-point, like last couple hundred red, i have looked at have no camera but they all have microphone or listening device. >> and proliferation of audio devices. and with voice activation. i guess only question, is, there has to be some awareness on the part of everyone that these devices do go two ways. anything that can listen to you cake your orders can listen to you for reasons you don't' them listening. i guess more being award of we're living in a increase below
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porous invasive world, right? >> i think you are right, we're at that point we have the education, we know that all of these start devices will smoop p on us if we give them that right, but some do it without our permission, now we get to a point say, what is my plan to address that? my answer is, go on, know how to do that controlling initial set up on tv, most times straight forward as hitting settings, whatever that initial sit up is, you know, take a look at sittings every 6 months, have they changed? because often times makers of tvs, in name of privacy will update their software giving us greater control of privacy but at the same token it may open the floodgates of this information until we make the setting changes. >> this is stee steve moore, hau sort of touched on the question,
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i was going to ask. let's say i go to best buy, a buy a new big tv. can i have the people at best buy disable the camera or whatever it is, if not i would think there would be a -- for that kind of thing attack away the opportunity for the government to spy on your living room. >> were the geek squad, i don't think consumers are willing to pay for that but, it is part of an stinstillation, if you spend money, number one time of year sporting events, only to be follow by this, moment in the year. holiday period is huge time for tv purchases, if you can get them to just tell you how to do it, it is not that complicated 4678 i would love to have my own technology valet at home. >> story is get it done, right. is this any worse than with siri
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and alexa are we not just always spied on. >> yeah but is that okay. >> no about it is shaping. >> have you a millennial say, i don't care, you don't care until some money is missing from your bank account or, after affect. we should care, and it is not necessarily any different from everything else coming at us, we should be aware of it and take control. david: thank you so much for making us aware, a lot of consumers preveer convenient -- prefer convenient over worries about privacy, that is the new age, kirk thank you. >> let's see what is coming up on evening edit, liz macdonald. >> we're digging in to big credibility problem we find with impeachment. democrat today said there is no limit to number of times vote can vote to impeach, nancy pelosi admitted today that push for impeachment started with
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mueller probe. more antitrust bias, from democrat witnesses way before the hearings began. >> a government shut down looming two weeks from now. two weeks of legislating left in the year, and devin nunes threatening legal action against adam schiff for putting his phone logs no house intelligence report. david: fun stuff, house speaker nancy pelosi and chuck schumer cheerleading for a new tax bill that steve moore said will help the rich, coming next. when you move homes, you move more than just yourself.
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song by song i try and make it easier for anxiety.o get help. depression. panic attacks. people don't want to talk about it. so i share it. the struggle and the joy with my mental health. i bare it on a stage, under a spotlight, and invite everyone to join me. what's your mission? use godaddy to help make it happen. make the world you want. david: more hypocrisy from left this time chuck schumer and nancy pelosi, teaming up to
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lobby for a new tax bill, steve wrote an op-ed for foxbusiness.com,. >> this is a tax break, a huge tax break that goes to people who buy teslas or gm electric vehicles 7500 dollar credit you get from taxpayers. and it is supposed to expire. >> by the way a lot of states have these, you add-on 2500, now in this bill, they would provide an evtax credit for a used car. you buy one and then the same vehicle gets another tax credit, 90% of people who buy tesla and electric vehicles have incomes over 100,000, that is the rich man a tax break -- rich man's tax break. >> you use public policy and tax
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policies to advance policies and projects and products we think will be good long-term, we have research develop in defense department in darpa. the idea that government should not be and never is in business of helping to find products of future we think will be good -- >> should we be against corporate welfare. >> picking winners and losers, we should not do that, this is a car industry, this is a car, let them buy one if they want them. >> to liz's point, the key is demand. government should not be in business of in-- given sensitives to buy a car. it is insane to give a tax break when you buy a used vehicle. >> that appreciates home value, in
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real estate, but does not do that for cars. cars is a depreciating asset. david: zach brings up a point that bugged late great bob bartley, former editor of "wall street journal," said that taxes should only be used to pay for government. not to given sensitives. -- incentives. >> if you want to see case for the flat tax, that is something bob bartley and steve forbes and i have been up. look at tax extend or bill tax pigive aways and that industry x break go to people that have political power. >> the lobbyists. david: all right, well gang we have not come to a conclusion. >> my piece on fox business.com has gotten publicity, if you want public pubtypublicity for .
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david: everyone may want to look like super model kate upton, is it worth going to jail for? a woman duped her way to a 6-figure job but playing quite the price, because she wanted to look like this lady. ♪ what a fool believes ♪ he sees ♪ most people think of verizon as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. d . . ital transformation... verizon keeps business ready.
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posed as a previous employee during a reference check and gave glowing feedback her own performance. surprisingly she nailed the job, worked there for more than a month before she was busted and fired. that may not be the worst of it. she used a photo of supermodel of kate upton as linkedin photo i think the reason she got the job. is punishment a year in jail too much? >> do you go to jail in australia for being stupid? this is extraordinarily stupid. david: she got the job. >> the photo doesn't look anything like her. but i actually, raises an interesting question because nowadays with online hiring and resume' surfing or everything else, i wonder how much scrutiny there really is on people's bios? i have been in a position recruiting for wall street firm in the past and, let me tell you, i would say about a one-third of the people manufactured things on their
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resume'. it is really common. david: that last video we saw john, was the woman. she doesn't look a lot like kate upton. she was found out pretty quickly. >> right. the government should get rid of fraud, not hire it. this is completely crazy. this lady is beyond, look, when you look at america, everyone generally speaking might embellish a little bit, at least high percentage their resume' but this lady went far beyond that. david: does she deserve a year in jail? >> yes. why? because she went to the level of con artist. right? >> i think as a general rule there should be less jail, not more jail, more fines. jail is costly. as a general rule as well, the idea of "deepfakes," people being able to create identities are not real. we seen nothing yet. david: let's be clear. the folks in the government in australia, think i they were embarrassed. they want ad woman like kate
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upton. >> didn't they she up buy a clue, she doesn't look much like kate upton? putting somebody in jail fabricating stuff on their resume' -- david: john is a tough cookie. >> i don't disagree with you but on this i do. david: see you next time. >> house speaker nancy pelosi orders house democrats to begin drafting impeachment articles against president trump. now this. president trump is already ramping up his senate strategy to possibly call in adam schiff, the bidens even nancy pelosi to any senate trial. tonight major credibility problem with the democrats impeachment push. we found more anti-trump bias with democrat witnesses. democrat leaders claiming facts are not in dispute when witnesses say otherwise. nancy pelosi now today finally admitting the impeachment push started 2 1/2 years ago with the mueller probe which found no russia collusion. house minority leader kevin
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