one key purchase i would make. then the rest in the bank. deirdre: all right. thank you for joining us, that is it for us, "bulls and bears" starts right now. david: president touting new usmca trade deal as federal reserve says that economy is strong enough to hold off on more rate cuts, democrat and trump are claiming usmca is a win for american workers, there is a new debate over how much of an economic impact we could see from it. i am david asman, joining me, scott martin, robert wolf, liz peek and steve forbes, goldman sachs predicting that economy will pick up speed, and business round table, support by jamie dimon. a survey, their members remain cautious because of trade

uncertainty in the globe. liz, will the usmca deal boot the economy? >> it is a plus for certain sectors such as farmers, it removes a negative, negative of uncertainty about nas nafta that governs a huge amount of u.s. trade, had it note passed or less certain it would have been a negative. it i think this is terrific it going forward. >> i would agree. north of 5% of our gdp, if you combine both sides of the revenues, 700ish billion for each, and it is good for workers, you open up with dems feeling good about it, i know they do, i have spoken to a ton, i have always been supportive of usmca. david: you have. >> they have not been supported because of lack of environmental

standards that is why a lot of senate republicans are not loving it, they have real testify standards we've not seen with respect to mexico, canada and the u.s., i think you will see quick passage, to liz a points, not having an overhang is good. david: usmca on path to get approval, could we see is signed before the end of the year, we bring in jodey arrington -- the congressman is not quite red. we'll go to story forbes first, talk about the point that robert brought up. i am curious, why is it that china moves the market more than the usmca. even if there slight move from china. the market reacting dramatically. >> they are sophisticated supply chains run through china, especially high-tech.

disrupting those would get to most productive parts of our economy. and china has international relations in a way that mexico or canada does not have. you have knock on effects in asian nations and european nation. you can't just look at numbers, you have to see supply chains in the world. china is important. and uncertainty there is why you have markets that go up and down, people expected that a nafta 2, usmca whatever you want to call it would get passed, lighthizer worked very hard with democrats and unions to try to shooting it over, pelosi threw it in, in the last minute to say, we got something now. a great victory for us, it is all political theat sneer no th. david: now we have congressman airing ton with us. >> and chance we could get the

usmca signed sooner than what mitch mcconnell says. >> i hope so, we want level playing fields with mexico. that is what we got, i'm smiling i am happy about new access to customers in canada that were otherwise prevented under nafta. this say great deal for america, for farmers and manufacturers and workers. i could go on and we need to get it going, we have an agreement with nancy pelosi that took a year. we need to move quickly, i know they are drafting the legislation. >> scott. >> congressman with respect to partisanship. highwahow do republicans feel tt democrats trying to take credit forgetting this through, this was largely a republican, donald trump effort. >> there no question that was lead by the president, pelosi

was boxed in here at the end of the year, she had do give this away to her moderate democrats to get their votes for impeachment, left her in a position of weakness, good for folks who are interested in core provisions of trade, that is tariff and nontariff issues it allowed to us stave off big losses potentially and obligating america to pierce climate accords and other international treaties. >> congressman, this is stove se forbes. some people i have the sized -- criticize. what is your feeling on the arbitration procedures in the new bill in.

>> well, i think that the dispute resolution process is in tact cons is tant with the way we've done it with other agreements, what has changed, there are a few more moving part because of last minute negotiation with democrats, they are modest, insignificant in their impact. there could have been a lot bigger problem on the enforcement side, i think that democrats wanted to create newburyo, controlled -- new, bureaus controlled by union that would be very heavy handed and shake manufacturers down with surprise investigations and the like, i feel good about where we are. it is not perfect. we have a lot of safeguards and limitation in from that perspective. >> what about the give up of some protection for the pharmaceutical companies is, there feeling that the republican should have pushed harder to keep those protection iin place? >> well, i think it is a real problem not have to them in what

i think some of your viewers may not understand is that not having those intellectual property protection for pharmaceutical technologies and therapies allows mexico and other countries in the world that don't have the protections to have cheaper prices for drugs, drugs that we subsidize and in their r&d, this is a problem. that to me was not a good thing in the final analysis, but on balance this is very strong and good for the country. >> no disrespect, democrats have a majority in house, they will be ones that drive this vote. and actually senator tumi of pennsylvania,. republican came out said he was the not supportive because it witness to where the democrats were, i am surprised you say considering unions are supportive, new labor stan star, you make this as a

conservative-lead deal, one of the more conservative in your party on senate side does not think it should happen. >> i can just tell you labor standard and environmental standards even the playing field, we want enforcement of every provision we don't want to create a new bureau lead by unions that had power to were unfedders and out of control would have been a problem, we didn't want to be bound to paris accords and other international agreements and conventions, we staved that off. -- >> congressman dollar 7 there a7 environmental agreements that canada and mexico have to abide by, that is part of what is put in by democratic lead house. >> we want to make sure whatever constraints and cost we have as producers and manufacturers, whatever costs we have to bear, we ought to have rules apply to everyone else, there are no new

agreements, no bindin binding ps that come to u.s. as a result of this deal, and those deals have been ratified by the senate. david: on china trade deals, the markets moreno on china news. president trump just 4 days to decide whether or not he will impose those new 15% tariffs on about 160 billion dollar worth of goods, should the president go forward with these or hold off on the december 15 raise? >> well he has bp, i think effective in using tariffs to get china to come to the table, i think we're in a position of greater strength because of this usmca that will be a framework for comprehensive free trade agreements in the world. david: are you giving us answer, should he go forward on this or hold back on the raise of tariffs. >> my position, if he has to do

it he has to do it. but i think it only a last resort, we want to get that purchase agreement, phase one that is the ideal, but if he has to, i put it on the table, i would love it on the table. david: congressman arrington thank you very much. >> thank you. david: inspector general. >> department lawyers and the court should have been given complete accurate information so they could have meaningfuly evaluated probable cause before authorities surveillance of a u.s. person associated with a presidential campaign. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

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like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. male anchor: ...an update on the cat who captured our hearts. female anchor: how often should you clean your fridge? stay tuned to find out. male anchor: ...this year's most buzzed about premieres... female anchor: makes it red-carpet official with... male anchor: 50 5-star products you can buy online right now male anchor: tributes pouring in from fans... female anchor: her hot new album is just one of the things we talked about. male anchor: beats the odds at the box office to become a rare non-franchise hit. [anchor voices ramp up together becoming indiscernible] you can provide the help and hope that survivors need. david: inspector general horowitz getting grilled by senate today. this coming as house committee members meet to amend articles of impeachment that were

unveiled yesterday, mike emmanuel on capitol hill following it all. what are big take aways. reporter: no doubt. a long day of testimony on capitol hill. you had justice department watch dog michael horowitz going over findings of his 434 page report. >> we found as we outlined here are deeply concerned so many basic and fundamental errors were made by three separate hand-picked investigative times, on one of the most sensitive fbi investigations after the matter was briefed to highest levels within the fbi. reporter: texas senator ted cruz sounded outraged about the 17 major errors or omissions, noted in the inspector general report. >> if you had responsible leadership, there is no more important decision than you make i can tell you, i was a doj if someone says let's tap hill

clinton, or bill clinton. people would say what in the humanitarian you arhell are you. reporter: downplayings significant. >> so, your report states that doesn't find the documentary or documentary or testimonial evidence that political bias played a role. >> correct. >> does not fine a deep state conspiracy again candidate or president trump. >> as to opening we found. no bias, no testimony or document on that. reporter: a number of republicans push for answers about whether anyone is being held accountable for what within on with 2016 trump campaign. saying to make sure it does not happy again. david: thanhappen again.

david: sidley now, who -- sidney powell who represents general michael flynn,. >> thank you. david: true that ig horowitz says that the origin. but he talks about fisa. in regard on a fbi lawyer who hated donald trump, he said it in e-mails, he doctors a fisa warrants that allowed the justice department to spy on carter page. was that politically motivated and illegal? >> it was illegal. nobody without specific testimony by someone can say the reasons they did it but, there are a lot of facts and circumstances that that surround that, not the least of which are the multiple text-messages.

those would be things that a you're would consider in deciding the intents. we know he deliberately falsified an e-mail to change the meaning 180 degrees, changing from something did happen to something it not happen with respect to carter page, that is falsecasion of evidence, be o obstruction of justice. >> he is what i call a bean counter, if he did not see a document or having someone testify say we did this, he will not draw a conclusion. >> isn't the ig supposed to keep tabs to make sure that justice department does not get out of line, instead of saying you put it in front front of my face. >> he only work at policies and

procedures. >> why did he say the, that there was no conspiracy. >> he should have not said anything. >> yeah. >> you read this stuff, what is your interpretation? for a lot of americans they heard no political bias, but you read the opening statement of iggy azelea theriginspector geno many omissions of fact, intentional misleading items. >> they were flat out lies. >> what other possible that the fbi from head to toe is incompetent. >> i hope that is not that is what they want with, i hop they decide to tell the truth when interviewed by john durham or gets indicted for what he as done and want to the cooperate. >> with that lead up the chain of command. >> yes. i would think it would, these people were hand-picked, they

were picked for a reason. it defies reality to suggest that there was not some serious neffaryious mot motive, that is7 instances of outrageous deliberate falsehoods, omissions and misrepresentation all against president trump. >> when can we expect a from the from durham. >> i think he will start indicting people. >> with respect to that. what kind of damage has this done, to the american people, psyche? a couple weeks of the laborious impeachment hearings, and have you as we talked about, all of these kind of tit-for-tats now, you talk about the dunham report, what does it look like to american people coming out of this? >> well i think anyone who has been paying attention is

mortified about what has been revealed, this is disheartening, i heard about it a number of year -- wrote about it a number of years ago, because nobody was held accountable then it got worse. we have to lock at fact they changed plan of nowe power in u. senate in stephens case. they took out longest serves republican on u.s. senate on a corrupted prosecution they were hiding evidence that showed he was evidence, like they did with carter page, they detrue the des of good innocent people every time they do it. david: fbi got information discrediting the steel dossier, yet the fbi did not share that in welcome fisa court, they got two renewals after that happen

happened. somebody going to pay a price for that? >> hey better worse, there was a letter given by british consulate hand delivered to the people, that disavowed the credibility of steel, it was last scene in clapper's department. there was also kathleen. telling them before they got first fisa warrant that steel was a liar. >> an onion with a lot of layers could come back. >> thank you. david: bloomberg spending spree ramping up donation, but will multimillion dollar receipt be worth it? ♪ do you recall, not long ago ♪ we would walk on the sidewalk ♪ ♪ all around the wind blows

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david: quid pro quo, and 2020 newcomer bloomberg facing criticism after announcing he will donate 10 million -- for district that supported president trump. to project and city has is now stumping for votes, could this mega-spending backfire. >> i don't think it will backfire. his goal is to become a nominee for president of united states right now he is polling at 3 or 5%. so idea that money does not make a different, we're kidding, he will be disruptive and change super tuesday, because of amount of money that he will be able to spend in california, texas, versus others will be exponentially greater, we don't know what it means for end result. >> this is a specific spend,

those democrat elected in trump districts are being attacked by ads funded by republican national committee and other committees they know they are vulnerable. inin the district they don't lie what is going on with impeachment in the house, this is countering that spending that republicans are doe, rnc is raising huge amount of money on impeachment, dnc is not, they owork e aoowe as much as they he kitty right now, the democrat who are running against are asking nancy pelosi to help them how the. >> he will spend $250 million on his campaign, 10 million to d-triple c .

>> >> they will in this. >> maybe. >> they have been going up for 25 years, i remember labor in mid 1990 now the if you put a couple thousand in a district you could sway it now you need a couple million. >> persuade rates they say north of 20 million. >> it will be. it will be -- i tell you also interesting look. what is bloomberg's long-term goal, probably to get nomination, but in the meantime, is it to disrupt say the very left leaning political rhetoric on democratic side? to upset liz and bernie, which is being successfully done to get to a brokers convention, i think that is developing, so far he is polling on your point. in low single digits, so far this progression is coming home

to roost. >> i think that game plan is, as numerous articles shown. spend millions of dollars, in all causes and political campaigns over last 4 years, and won a huge amount of support among party officials, you know people who will be delegates to the convention, he could end up winning this nomination, even if he does not do terribly well. david: shaking his head no. >> no way. not when a third of the party believes you are personification of evil. >> he is spending money on digital technology and the like that data mining that democrats are behind in, he will bring them equal to the republican. >> right, steve. >> that is his biggest contributcontribution,. >> he does have unfavorable outlook from party, but you have to put up a candidate that can beat donald trump in november. >> if bloomberg does enough well to energ engineer a brokered co-

michelle will get the nomination. >> that is not happening. >> you don't think i would love to see michelle obama, but that not happening. interesting we're saying and projecting what bloomberg would say and do. , these are 41 swing states that flipped red to blue. most of us said they would flip, we flipped kentucky. we have flipped louisiana, and so idea that bloomberg today is making impact, i agree with liz, he is making it with respect is gun reform and climate change, giving a bigger voice to it to areas -- >> this in a quid pro quo in will 31 congressmen who won have -- feel beholden to bloomberg for getting money from him. >> they will.

>> -- no. >> absolutely. >> you say no, you say yes. >> they will be. truth he has deep pockets. think about numbers, what is the total wil going from from trump campaign. bloomberg become in 5 billion. >> he will not put it to 30 moderate congressional seats. >> no. >> they don't need that much. >> they may feel beholden to him for bailing them out of a jam. >> they are running in a district of 700,000 votes, we're talking about the primary, epoe confident shali greater -- exponentialy greater, north of 125 million. david: we'll have of time to talk about it before convention, boeing whistleblower, faa ceo of testifying on risk of 7 737 max

crashes.

david: faa chief telling lawmaker to boeing 737 max will be grounded until the faa is convinced that aircraft is safe, and pilots know how to fly it. hahn hahhillary vaughn has been following this story. reporter: boeing whistleblower,%

pearson said he was disturbed by some testimony coming out. saying that they knew that crash was caused by a production issue that happened at renton, washington facility appearson, d these warned that the factory was pushed beyond its limit, as boeing pressured workers to pump out more planes. >> during this time frame, the factory was in chaos, boeing and faa knew that original censor on lion airplane, had failed, that is a production issue. s plane was brand new. reporter: faa administrator admitted an internal faa report warning that the max could have

a fatal crash every 2 to 3 years unless they made major changes, but the officials did not ground the plane until the second max went down. >> the result is not satisfactory. >> you can't bring yourself to say we made a mistake. >> did the faa at some point make a mistake in the process. >> yes. reporter: boeing said they took necessary pro kukes, they -- precautions, they did not sacrifice quality or safety to increase out put, they are considering slapping boeing with penalties. david: thank you. >> so will boeing ever be able to convince flyers that the 737 max is safe. >> that -- the plane we're talking about maybe not, from the report sounds like there is

more bad than good. boeing does still have good planes in the sky, that do their job. but scary thing, one, that there is a lot of internal strive at going between engineers and designers as far as fighting and hiding, and then certainly on other end, disruption, deceit, with respect communication with the faa, this is something where i don't know who is more dishonest, boeing company with faa or patriots with the nfl. >> deflate-gate. i would say yes, they will convince flyers their plane is safe, this will be most inspected plane ever in history of aviation after this process. i think all of this testimony today was horrifying, there were mistakes made, but, look boeing just got an order for 30 more of the planes, airlines are confident they will overcome this. and move forward. i think that is what will

happen. >> today was an ugly day for private, public partnership of boeing and the faa, a lot of people have been arguing for a long time they were too close, i never asked in my life what plane i'm flying, if the 737s go back up, i would want to know. >>, i think that liz is right there will be so much scrutiny on this it will be safe in terms of faa and boeing, this what happens, it is human, you have two giant eny its working close -- entities working close, you don't have any fatalities for years, things get lax, and they go wrong, correct it the 7l 37 mack will be changed too something else, only time i question in airline 380s came

out, a couple of their engines blew up over the pacific, at the end of the day the price was good and i did it. >> should they not have grounded plane forever the first crash. >> other interesting thing, is that you know these crashes happened overseas on foreign airlines, different requirements, and training for pilots, that makes is more -- i guess confusing when it comes to same issues with an american pilot, better trained? could they have handled it better. there are reports of other riches that pilot have fixed here in the state in the air, to me it tough to say should they have grounded it, training needs to be factored. >> pilots are lowest common denam out are w.h.o nominate oru flyover seas. >> growing homeless crises in

san francisco is now costing the city tens of millions of dollars, we'll explain why, coming next. i've always loved seeing what's next. and i'm still going for my best, even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'll go for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both. what's next? sharing my roots.

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david: oracle moving the annual open world conference out of san francisco first time in 20 years, quoting poor street condition, shorthand for san francisco's homeless crisis, they will lose 64 million dollar just from oracle decision. is it just the start? will city continue to lose business. >> not just the beginning, it is already happening, some cruise lines are not stopping there san francisco any more, san francisco people are wondering why is it acting like a third world city in terms of open sewers. not in the city that hosts silicon valley. they have to make real changes on quality of life and aggressiveness of panhandling there in seattle and portland is worse and worse, who needs it

who wants it. >> we talk about problem, we struggle to find right answer, the homelessness in major cities whether new york, or austin, or this time san francisco. and steve brought up seattle. question is, how do you change what this whole migration is happening to big cities, we don't have an answer, i am not surprised that oracle is doing it there are plenty of other places that are cheaper and easier, by upsetting to see we've not -- >> we had a homeless problem here in 1980s in new york city. >> it got fixed, a combination of providing better homeless shelter for people with serious illness and treatment are and making it illegal to camp and live on the streets that is what happens in 1980s in new york it worked. and worse thing, i have to tell you worse story of all, this point is progressive mayor bill

de blasio deciding he will solve homeless problem by shipping our homeless people to other states and dumping them, this is going on. this crazy. he has been called out some went to new jersey some to far away, it is preposterous, you cannot just expel your homeless people solve the problem. >> they should do a census who are the people? why are they in the conditions they are, it is a very -- population, easing regulation in building affordable housing. david: scott. >> i agree, why are they there, and point of irk rat katein erag them, tougher from stand point of yes, mental illness and getting those folk the help they need, several have been documented as having drug problems or alcohol problem, and tough part is while support could be there and alternatives

could be there for people moto choose this is a two way street, they have to commit to a recovery program that some of them are unable to stick on or don't want to. that is something that they have to step up and do. david: robert, a lot of cities trying new things, instead of old themes that worked in new york, portland, oregon considering a new rule for new buildings too have mandatory rest spaces for homeless, they are considering it. >> you know, i think that this whole public housing thing, i heard what was said about 80s. in 80, putting them to jail ballooned our jail, and ballooned tax mayo taxpayer mon. >> need more public housing that is affordable, right now in silicon valley there is so much money that the low end houses became extremely expensive. >> city -- of san francisco makes it impossible to put in

new housing. >> there -- >> rules and regulations. >> that is we should be able to fix. david: okay. >> no one wants to fix it. david: we'll take about this issue, as well. but before we head to a break, let's see "evening edit," elizabeth mack donald. >> a new report revealing how bad bernie sanders and elizabeth warren government takeover of health care really is. we have it. the v.a., a new scandal uncovered by v.a. catc watch do, hundreds of thousands of improper cancellation and delays and medical exams for military and votes. and we have push back from pentagon act inspector general new examinin examining legalityp administration deploying troops to southern border. after dozens of democrat complain, and mexico about to close out an historic year, 2019

is mexico's most violent year. david: bad stuff, say good-bye to steve forbes. >> bye why? >> i always say hello. >> hello, we'll see you soon. david: one floo florida town hog to fill a food gap, a live report after this. quitting feels so big. so, try making it smaller. and you'll be surprised at how easily starting small... ...can lead to something big. start stopping with nicorette male anchor: ...an update on the cat who captured our hearts. female anchor: how often should you clean your fridge? stay tuned to find out. male anchor: beats the odds at the box office to become a rare non-franchise hit. you can give help and hope to those in need. most people think 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. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready.

david: breaking news, hearings that president trump likely to meet with top traded visor thursdays to discuss september 15 tariff bump on chinese goods, we'll keep you posted. >> a cover florida community opens a city run grocery store after their private grocer

closed down and moved on the ut, jonathan serie is live in baldwin, florida. reporter: well this is only super market in city of baldwin, last year, when it closed. it was a big deal. for poor and elderly residents with limit the transportation, the next super market is about 10 miles outside of town, city leaders came up with their own solution, they decided to keep the store open by running it themselves. idea of a government grocer is unusual, for a conservative community, such as baldwin. nerve dawne -- never dawned on e as it being social implement we never had intention. >> we don't see it as making a political statement. this is us looking out for

ourselves. taking care of our own. the way i think it is supposed to be done. reporter: it is an unusual solution to a common problem, changed. industry analyst say serving remote areas is costly for an already low margin business, independent grocers are declining in share. >> it is justin creasingly difficult to -- increasingly difficult to fine private entrepreneurs to come to town and take that kind of risk. that grocery stores pose. reporter: resident in some food deserts turn to nonprofits others pool their resources and forming co-ops, here in baldwin, they are treating good a food ac resource, and operating this store more like a public utility, they don't top did this indefinitely, they would love an pure tanentrepreneur come in ta,

until that happens, the mayor is moon lighting as a grocer,. david: wow thank you. >> 68% of this town voted for donald trump. >> they are just trying to provide food to people who live in the town, this why americans love local government, that group is fixing something that affects their residents, it is not a big political issue. >> i agree, this is of people by the people, for the people. and we have issues here in chicago, urban areas with food deserts, because public companies private they have pulled out because of dane injury thedangerthey felt. chicago failed to find a solution, props to baldwin. >> another district flips red to blue. >> an you a -- opportunity for ,

if they could deliver groceries for efficiently. david: all right, die hard apple fans may be willing to pay big bucks for tech giant product but a fully loaded big mac pro may be too steep for them, the detail price tag coming next. ld♪ ♪ blow a kiss into the sun ♪ we need someone to lean on ♪ blow a kiss into the sun ♪ we needed somebody to lean on ♪ ♪ ♪ ♪ all we need is someone to lean on ♪

>> apple's new mac pro is out, and while the starting price is about $6,000, stripped down, it's all in price tag is raising eyebrows, 52,599 bucks, you get all the custom specs that come along with it, the most expensive mac ever. now some on social media are comparing the price to college tuition, even mid price tesla cyber trucks. so they sell for about 50,000, by the way. is anybody buying this, steve? >> i guess somebody will, if it grows hair, i will. [laughter] david: robert? >> well, i have never used a

laptop. i'm an ipad and desk top. david: never used a laptop. >> no, i'm an ipad and desk top. >> i think it is a desk top. i don't know, anyway. until it makes beds and does the dishes, no thank you. >> i'm still paying off my apple air pods. i can't even afford those let alone this computer. david: you know, the chinese are apparently very interested in this thing. i'm wondering if apple is a little reluctant to sell because strip it down, reverse engineer it and try to come up with one of their own. >> let them and then apple presumably feels they can keep one step ahead, we'll be the leader. by the way, if you can enable the yankees to win the world series next year, i'm all for it. david: i knew you were going to get the yankees in there. >> i'm curious about this. it is a desk top, i believe. the only way you could possibly argue that you need all that memory and so forth is if you're doing a lot of streaming and watching videos and stuff, but you can't move around with it. i really don't understand the concept. david: scott, would you consider buying one of these at all? >> no, i wouldn't.

i'm with robert. you know, i'm more of like the ipad, you know, iphone person, and the desk tops i have always stuck with hp. i like the pcs. >> me too. david: that does it for bulls & bears. see you back here next time. liz: tonight, we break down the justice department watchdog hearing before the senate on systematic fbi abuses, launched under the obama administration to spy on the trump campaign. using the fraudulent democrat funded opposition research, the steele dossier as a basis to spy, the debate. how the fbi also used an unnamed foreign intelligence agency to spy, and senate republicans now say it was the fbi that meddled. remember nancy pelosi admitted the push to impeach? president trump did start with the mueller russia probe, which was triggered by this fbi surveillance and leaks. this as impeachment now getting weak