tv Cavuto Coast to Coast FOX Business December 13, 2019 12:00pm-2:00pm EST
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together, the same escalator that candidate trump rode down to declare his candidacy way back in 2015. we were on the air at that point , we watched him come down, i'll do it again monday. neil it's yours. neil: all right, thank you, sir very much. looking forward to that also looking forward to sorting out how the market is going to sort out phase i deal with china, that is done but investors are waiting for details on this. we do know that not all the tariffs are gone, the 25% ones that have been in place remain in place, it's the new ones that were supposed to kick in on the 15th that will be pushed back. it could be sort of weighing the pros and cons of that, hard to say, but apparently, they are already setting the stage for a phase ii. in the meantime, we should let, you know, the president is meeting with the president of pa raguay, so obviously this kind of thing will come up and the impeachment and the president's thoughts on all that. edward lawrence sorting it all out from the white house.
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hey, edward. reporter: we do have some reduction in tariffs so 25% on $250 billion worth of tariffs and then 7.5% on $120 billion worth of tariffs and those december 15 tariffs do not go forward. the president just speaking about this china trade deal saying that he's using those tariffs as negotiating points for the phase ii agreement to make sure china still comes to the table and the phase ii talks china wanted them to start immediately. the man who led the negotiating team here, u.s. trade representative robert lighthizer released this statement today. he says, "president trump is focused on concluding a phase i agreement that achieves meaningful, fully-enforceable structural changes" and begins rebalancing the u.s. china trade relationship. the chinese say that the phase i deal is in nine chapters, and those chapters include these are some of the big points here, protections for intellectual property, ending the forced transfer of technology, expanding access to financial markets, buying more agriculture , now on that point,
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one source tells us that the chinese plan to buy $50 billion worth of agriculture but that is not written down in the agreement anywhere. we have not seen any text to this agreement as of yet but sources tell me that china has requested that text not be published. still, trade advisors for the president touting victory. >> there's enough detail in what's been agreed to that i personal liam very astonished at the successfulness of these talks. they've gone up and down as you know. now it looks like a real breakthrough. reporter: and democrats who have been supporting the president on this front, now pulling back a little bit. senator chuck schumer releasing this statement. according to reports, he has sold out for a temporary and unreliable promise from china to purchase some soybeans. you've heard this song and dance before, from china. but the chinese in their news conference say the u.s. trade representative or and the u.s. trade representatives say this time it's different. there is enforcement and a dispute mechanism that's inside
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this agreement. back to you. neil? neil: all right edward lawrence thank you very much. i don't understand schumer's criticism because he hasn't seen it yet so we'll see where this all goes in the meantime it's all about making good on the commitments that you write on paper and to the institute fellow, nicole and the wall street journal editorial editor, and john, your sense of getting the details right, and the administration, the solid deal, obviously you heard what chuck schumer said, without looking at it we don't know we could share that deal, but obviously, it's going to be in those details isn't it? >> yeah, it'll be in the details and it'll be in the enforcement mechanisms if there are any. look on the surface of this, it does look like basically a truce being called. these were restrictions that were placed on trade, between the two countries, at the beginning of all of this, and now, they are essentially being unraveled a bit so they are going to start buying more of our agriculture goods so guess
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what. we haven't been selling a lot to them over the last 18 months or so, and we're going to lower tariffs. well guess what? we just raised those tariffs, so it's kind of, you get the feeling on this one it's a bit of a return of the status quo that this promises of ending technology transfer of boy, it'll not only be in the details but in the enforcement mechanism s and it's so against the interest of china to do that it's doubtful, i would think, that big structural issue has really been addressed or the issue of neil, of all of the sub sudden its that china gives to its companies to let them unfairly compete against the u.s.. the big stuff is still not on the table. neil: and was that big stuff if memory serves me right nicole when you were assistant commerce secretary in the obama administration that you were dealing with head on and i'm wondering a lot of times the obama administration would take it to the world trade organization, you won a lot of battles there, but even there
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the chinese would ignore what the wto said so where do you think this goes? >> well, you know, it's interesting. certainty is really the name of the game for businesses. our clients tell us that even if we don't like the deal, having a deal is important, so you know there's been some progress, but the big structural changes that we've been talking about that really, the u.s. can't achieve on its own, i really think and we've talked about this before, neil when i've been on before, working with our allies, opportunities that like tpp that were out there, that were more of a multi-lateral approach to get china to play ball in terms of market, of the market. neil: we should just refer you're an encyclopedia that refers to the trans-pacific partnership. countries line up to deal with china and the president abandon ed that and here we are. i'm just wondering, are you optimistic then, secretary, that a deal is better than no deal, kind of that's the wall street
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view. it beats having nothing. >> well sure. certainty is important. even if you don't like a deal, at least you can begin to do some business planning with the deal, but you have to also remember that it seems that often we're playing for the shorter term. the u.s. and i think the trump adminitration is looking for victories to get them through 2020. china is playing the 2050 game and so we really need to continue to push ahead. i think that this is obviously positive, if we've got some good results here, but this is really the tip of the iceberg, and we really need to look at the long term structural changes to quite frankly make the pain that each of the countries have endured be worth it. neil: you know what? it's a valid point. john, i don't, you know, want to be cynical but the coincidence of all of this occurring in the middle of this whole impeachment drama, this was announced first yesterday and teased yesterday, and then all of a sudden a deal is consummated that the original talk was they were going to pushback all the tariffs, but
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maybe a deal might not be in the offing now pushing back most of the tariffs and the deal is in the offing. how much, do you think, did the impeachment drama play into this >> well it's a positive-sound ing announcement for the president, and so he may have decided that it's a good way to offset the impeachment drama, to use your words, but look. at sort of down the road, business is going to be looking at this ultimately in two ways. one is the immediate effect is that it does alleviate some of the uncertainty in the trade relationship with china, but we're not going to raise tariffs even more, and cost business and the consumer that much more, so that's a good thing. just like in brexit this vote in britain has kind of caused the markets to go up because at least it says things are moving ahead, and the uncertainty factor is aleve crated, but because the main issues, the big
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issues that the president set out to resolve with china, and that have been debated, look to his credit these have been debated for decades now. it's not just under his administration, because those issues aren't being substantive ly addressed, that creates another degree of uncertainty for business. they're thinking what comes next are we going to be back in a fight a couple of months down the road? neil: it's an interesting point of view. we just had a two minute warning from the white house where he's meeting with the president and will probably elaborate not only on impeachment but his trade deal but secretary let me get your take on how this effects other countries, entertaining deals with the united states. he's obviously a tough bargainer , the president is going to say i'm always working for the american consumer, the american worker. has this changed the playing field with our friends and maybe our not so friends? >> well i'm not sure about that you know, i have to say as it relates to certainty issues as well, neil, one of the things
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that our clients are looking at is if china isn't at the place where most of our global supply chain effort is, then what's the third country, where is? as third countries like vietnam and others are looking at this, you know, they know that the u.s. is going to drive a tough bargain certainly, but it really remains to be seen what impact that'll have on any negotiations we have with them, but i can tell you that the u.s. china relationship has changed and hopefully, we will get to a place where it's more positive as we go into the future, but i think that there will be a lot of third countries that will benefit from global supply chain s as a result of this and i don't know how that's going to cut in the u.s.. neil: we'll have to watch it very very closely guys i want to thank you both very very much as she was just pointing out the tertiary countries that benefit from any trade deal that would include paraguay, by the way when it comes to the new deal we have with the canadians and the mexicans it could be a beneficiary of whatever improved trade happens. now the president.
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president trump: this has been a wild week, and if you have any questions, please, go ahead. reporter: mr. president, your reaction to the vote in the house judiciary this morning? >> well i was actually, believe it or not, finishing up the, i was doing the final touches on the china deal, and that's going to be one of the great deals ever, and it's going to ultimately lead to the opening of china, which is something that is incredible because that's a whole big untapped market of 1.5 billion people, and so i was actually doing the finals but i got to see enough of it and certainly i spoke to my people. it's a witch hunt. it's a sham. it's a hoax. nothing was done wrong. zero was done wrong. i think it's a horrible thing to be using the tool of impeachment which is supposed to be used in emergency and it would seem many many many years apart to be using this for a perfect phone call where the president of that country said there was no
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pressure whatsoever. didn't even know what we were talking about. it was perfect, the relationship is perfect. i've done much more for them than obama did for them. it's a scam. it's something that shouldn't be allowed, and it's a very bad thing for our country, and your trivializing impeachment and i tell you what some day there will be a democrat president and there will be a republican house and i suspect they're going to remember it, because when you do , when you use impeachment for absolutely nothing other than to try and get political gain, now with that being said, my poll numbers, as you know, have gone through the roof. fundraising for the republican party has gone through the roof. we're setting records. nobody has ever seen anything like it because the people are disgusted. the people are absolutely disgusted. nobody has ever seen anything like this and i watched yesterday, i got to see quite a bit of it yesterday and i
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watched these democrats on the committee make fools out of themselves. absolute fools out of themselves , and i also saw them quoting all the time, incorrectly. they kept saying "me." it wasn't about me. it was about us. the word was "us." so, they kept saying "me." it said us. can you do "us" a favor? our country, our country, and then it talked about seeing attorney general of the united states. for these people to say me, they would say me. well you said "do me a favor." no it didn't say that. it said do us a favor, our country talking about the past election and talking about corruption. the other thing nobody remembers , and nobody likes to talk about, and i talked about it all the time, is why isn't germany, why isn't france, why aren't other european countries paying? because we're paying, the sucker s, you know, for years we've been the suckers but we're not the suckers any more.
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big difference, but why isn't germany paying big money? they are the ones, they have a much bigger benefit than we do because ukraine is really a stoppage between russia and parts of europe. the major part of europe. why aren't european countries paying? why isn't france paying a lot of money? why is it always the united states? we're 7,000 miles away. why is it always the suckers that pay? so we've changed that but nobody brings that up. i think that the whole impeachment thing, hoax, i guess you could call it, because it is a hoax, and nancy pelosi knows it. by the way, they duped her yesterday, she was on an interview and she said we've been working on this for two and a half years. so she was working on it in other words two years before we ever spoke to ukraine. she said we've been working on impeachment for two and a half years, and the reporter was shocked when they got this answer, because it showed she's
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a liar. so it's a very sad thing for our country, but it seems to be very good for me politically, and again, those people, because i watched some of the dishonest fake media, they're saying well the polls have remained the same no the polls have not remained the same. i think you understand that, john. the polls have gone through the roof for trump, because people, especially with independent voters and especially in swing states. i could show you numbers that nobody has ever seen numbers like this before, so the impeachment is a hoax. it's a sham. it started a long time ago, probably before i came down the escalator with the future first lady. started a long time ago and when you look at the ig report, and you look at these horrible fbi people talking about we've got to get them out, insurance policies, you know the insurance policies, just in case she loses meaning crooked hillary, whose
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crooked as a $3 bill, just in case crooked hillary loses, we've got an insurance policy, but we've been going through the insurance policy now for three years and it's a disgrace. thank you very much, everybody. >> thank you. i think they will hit $50 billion in agriculture. enough more than 50 because it's also manufacturing and other, but i think in agriculture, they will hit $50 billion. reporter: this year or when? president trump: pretty soon, they've already stepped it up. my deal with them was two months ago. we had it in pretty good form. i said do me a favor and start buying agriculture and they started, if you look they're already buying. even before the deal is signed. they're buying. reporter: mr. president? president trump: well we're with the people of venezuela 100%. it's so important to us and we'll be discussing venezuela today. it'll be a big subject. reporter: mr. president do you prefer a short process in the senate or more extended process?
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president trump: well i've heard lindsey graham whose terrific and i heard his statement and i like that. i can do, i'll do whatever i want. look, we did nothing wrong so i'll do long or short. i've heard mitch, i've heard lindsay, i think they are very much in agreement on some concept, i'll do whatever they want to do, it doesn't matter. i wouldn't mind a long process, because i'd like to see the whistleblower whose a fraud. the whistleblower wrote a false report and i really blew it up when i released the transcript of the call, and then schiff gets up and i blew him up too, because he went up in front of congress and he made a statement about what i said that was totally false, and then a long time after he made it, when he got caught, he said oh, well, that was pairity. no, schiff is a corrupt politician and a disgrace and because of the fact he's in congress he's got immunity so you can't do anything but he
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went up there, you know that. he made a totally false statement. the whistleblower wrote a totally false statement. so it's a fraud. then i say, where is the informer? the one that informed the whistleblower? he had an informer. he disappeared and do you know why he disappeared? because i released the transcript. had i not released that transcript, we would have had an informer, we would have had another whistleblower, by the way, where is the second whistleblower? remember that? we had a second whistleblower. we have breaking news. look, not all of it, but much of the media is corrupt. these are bad people. they're sick people and they're corrupt and we're fighting the democrats and we're fighting a lot of the corrupt media, but i ask the corrupt media, where is the second whistleblower? now, had i not had a transcript, i'm lucky we had this transcript , which by the way has now been verified by the lieutenant kernel, he's another beauty so where is all of this stuff that was going to happen?
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once i release it and i released it quick, quickly, but once i released it, all of a sudden, the second whistleblower disappeared, the first whistleblower whose all set to testify, he all of a sudden, he becomes this saint-like figure that they don't need him any more. the one that everybody wanted to see including schiff was the whistleblower. once i released the text of what happened, the transcript, that was the end. everybody disappeared so now there's no informer. there's no second whistleblower. everybody is gone. and by the way, a guy like sund land, nobody ever says it. he said very strongly that i said i want nothing and no quid pro quo. nobody says that. that's what he said. he said it in congress. nobody ever says that, so look, we're dealing with a lot of corrupt people. there was nothing done wrong.
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to use the power of impeachment on this nonsense is an embarrassment to this country. the president just said it. it's an embarrassment to our country. thank you very much, everybody. >> [overlapping speakers] president trump: thank you very much. thank you very much. >> [overlapping speakers] >> thank you, all. >> come on, press, we're leaving. thank you, mr. president. president trump: thank you. neil: all right, that wraps up about a nine or 10 minute give and take with reporters with the president of paraguay in town and in the same room. this often happens to a visiting head of state. he or she just sort of has to sit there like a potted plant as the questions go to president trump and in this case a lot of them having to do with
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impeachment some ending on this china deal that has been scored he wasn't releasing new details outside of saying that he understands that the chinese are already acting to buy more agricultural items from the united states, a $50 billion figure had been mentioned, and we don't know the details of that, just that it will stave off added tariffs that were to kick in on the 15th sunday morning at 12:01 a.m., existing tariffs are still very much in place here, so the president clearly using that as a lever to make sure the chinese make good on this phase i commitment and makes a phase ii deal but more importantly on impeachment the president said he could do whatever he wants with regard to the impeachment trial, long or short, making it clear, that if he had his druthe rs, he would like to have as many witnesses as possible and to be fully exonerated and he also said he wouldn't mind a long impeachment process and would like to see the whistleblower ruled out as he's often said there was no second whistleblower, which had been alleged and then bounced around
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outside the media. let's get the read on all of this from chief political correspondent byron york. byron, first off on all the impeachment back and fourth, he seems to be rapidly coming to the conclusion he's going to be impeached in the house, but the senate will be a different beast i think the news in what he said is the attitude toward the impeachment trial because before this we have been hearing a lot about the president wants to call a bunch of witnesses to the trial, he wants to call hunter biden or maybe joe biden himself or the whistleblower or all these other people and there were republicans who agreed with him and what we've seen from mitch mcconnell and seconded by lindsey graham, chairman of the judiciary committee in the senate is a desire to have zero witnesses, none, have a short trial and the thinking is this. when you bring in witnesses, when you question witnesses, you are introducing new imponderable
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s into the situation they might say something, democrats get all excited about it and they call more witnesses, they call for republicans to maybe suspend the trial and gather more evidence, and anything could happen, so it seems to be mitch mcconnell's preference to start the trial, have the house, the democratic house impeachment managers make their case, listen to it carefully and vote it down. neil: all right and then try to acquit him. what did you make of that? >> well absolutely. i mean, mitch mcconnell here on fox said no way that the president would be removed from office. they will presumably be two votes, a vote on the count one and the count two that is the two articles of impeachment that the house is supposed to pass next week, and we don't know if all republicans will stay together on this. we don't know if all democrats would vote to convict the president, but we do know that
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their 53 republicans in the senate and 47 democrats and those 47 democrats have to get 20 republicans to go along to convict the president. neil: you know, the chief justice of the united states, obviously plays a role in that, does he have any say in how the senate conducts it? in other words, if mitch mcconnell is saying the head of the senate we'll do it this way, it's going to be fast, no witnesses whatever, boom, done, can justice roberts rule and say no, no, no, i think that this is the way we should do it. how does that all play out? >> you mentioned the visiting leader is sitting there like a potted plant in the oval office. roberts is more than a potted plant but not a lot more. neil: [laughter] >> the senate has sole control over the impeachment, and in 1998 or 1999, when bill clinton was tried in the senate the chief justice was william renqui st, and he later said my role was to do nothing and i did it very well and basically the
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senate decides everything. the chief justice cannot say, well, a majority of the senate wants to go ahead and vote, but i, the chief justice, think we should hear more witnesses. that's not going to happen. the senate is in control. neil: got it. thank you, my friend, very much. byron york. thank you, neil. neil: of the washington exam examiner. just think about what just happened here. given up for politically dead, thoughts should be a sham, the media generally hated the guy, i'm not talking about president trump. i'm talking about boris johnson who just surprised the world by not only winning a crucial election, but doing so in a landslide. a preview of coming attractions here, after this. you are the one... nothing shines brighter than you.
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win it was a big big win and for the british prime minister boris johnson, something that was unlike any conservative party had seen in britain going back to the 1,980ers and he was happy about it. >> with this majority, we will at last be able to do this. getting brexit done, is now the in excusable, unarguable decision. neil: you know, it helps that despite what the media was saying about the guy, he has a great sense of humor and this playoff of actually the popular movie some years back to push a potential voter to go ahead and support him and conservatives in this brexit measure, went a long way toward getting the point across in a funny, disarming way , and its worked for ashley webster throughout his career and he joins me right now out of
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london with the very latest. ashley: [laughter] neil: i joke about that ashley but i thought it was an effective way to get the message across, and even in a way. ashley: he's very self-effacing, boris, his persona but he's amusing and he makes you smile and he's likable, and you know, i never thought i'd see brexit in my lifetime. i kind of resigned myself to that but thanks to boris i'm going to see it before january 31 now, he won with an 80-seat majority and there really was an election that we haven't seen in many generations but i want to focus first on the number of labor supporters who gave up on their party and voted for boris. in fact, boris johnson outside downing street earlier today thanked those voters in particular understanding the gravity of their decision. he says that i'm humbled by it, and he says i'll do everything i can to deliver on my promises. take a listen. >> i want to speak directly to
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those who made it possible, and to all those who voted for us, for the first time, and those whose pencils may have wavered over the ballot, and you heard the voices of their parents and their grandparents whispering anxiously in their ears. i say thank you for the trust you've placed in us, and in me. ashley: i think that style of his, the boris style he had many high profile photo opportunities in the final week of the campaign, knocking down walls and delivering milk and having his picture taken with fish, all of that en deered him to the people on the complete opposite side, neil, we had jeremy corbyn he was angry and he just talked about the road to ruin, the gloom and doom on top of that he added a socialistic agenda that was very extreme including nationalizing the utilities, the railways, taxing the rich and
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the businesses and basically telling us how awful it is right now, but it didn't play very well as we know and now boris has five years and an 80 seat majority to move the country forward. neil back to you. neil: until the next move is what, to go ahead and make the brexit vote in january, some time in january? ashley: yup. i think he will be sworn in early next week and will probably introduce the brexit bill again at the end of next week and take a christmas break and then early in january it's all stations go and i think he's going to beat that 31st of january deadline and we will have brexit and hopefully never use that word again. neil: you hope, right? we'll see very much my friend great reporting as usual ashley webster in london. meanwhile in this country the mother of that eight-year-old girl, the ring camera victim, as she's been known is speaking out right now. >> i started watching the video and i didn't even get very far into it when i first heard his voice, i mean, i ran inside and
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the fact of the matter is goldman sachs sees a significant correction, not so much based on donald trump, but if democrats sweep the 2020 election i guess that doesn't mean control the senate, the house, the white house, you know that could be an up hill climb and charlie gasparino on that? charlie: you talk to market experts they're mixed on whether if the democrat controls everything, you know, whether the markets will just blow up long term, because a lot of this depends on the fed and lower interest rates and all that. you talk to among the market experts out of the real smart money which i tend to look at there's a few of them i don't like saying their names because then everybody in the world calls them, they will tell you it's significant trouble if the democrats get in there. now, these are the same people that really gave me a great read early on. if you look at my new york post columns, when trump, when the markets were selling off or getting nervous that trump might be president before he was officially elected i was like
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they were saying it's crazy. you buy the market if he gets elected. if he gets elected the republicans will take the house and the senate and you have that trifecta where you'll have pro- growth policies of lower taxes. neil: well the amount of memories with their concern that we've had this recovery from the meltdown, and then he was such a disruptive figure right or left he was going to tank the market. charlie: right and trade but if you looked at his policies, they were conventional probe in this reagan economic policies except for maybe on trade and even that as we see today it's not as big of a deal. that said, if the democrats get in there, i mean like people say oh, it's not so bad, the markets were correct, we'll even out, the smart money is telling me again, if they get in there, the party has moved so far to the left that even joe biden if you really dissect his plans he wants to spend a lot. he wants to raise payroll and business taxes. neil: he is the least on taxes,
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a $3.5 trillion plan. charlie: right after the 20 trillion of bernie sanders but even his are bad, so you've got to factor in if they control everything, it's like it's sell the market. you have to, and one thing i will say about the trump market recovery, when we're just talking about the markets, if you look at it from the point where we began this trade war, you look at the dow, dow has been maybe up 1,500 points, not a big move since the trade war began, in like january, of 2018, if you look at the s&p it's kind of like a 10% -- neil: isn't the reaction now? charlie: it's pretty muted. neil: wasn't that buy on the rumor, sell or just sit on the fact? charlie: i think they oversold it. i would hesitate. i always say this to reporters, young reporters i work with. never say "done deal." neil: yeah. charlie: unless you have, i don't care if it's the schwab ameritrade deal or this.
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if you're reporting that out, it's never a done deal until you know the boards of companies and you have the press release have voted on it, but something like this is never a done deal until you know the chinese have read it and like have signed off on it. neil: and even the deals they have read and promised they don't do what they say. charlie: stay away from the done deal. i think that's part of the market. it's skeptical and they want to see it and a what they agree to. neil: do you think any of that has to do charlie with the fact that the president didn't removal existing tariffs? he did prevent the ones that were to kick in. obviously a lever. charlie: it's also phase i. it's not the biggest thing in the world. i think it's net-net good because once if you can really get this behind you, you know i think again, talk to the same sophisticated market people but it's like one less thing to worry about where we can focus on economic growth, focus on corporate earnings, that are generally pretty good, and then we don't have to worry about putting on even more taxes into our economic models for future
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economic growth and remember, markets trade-off what's happening with people think might happen in the future not necessarily what's happening now neil: what do you think is a quick read quickly of the boris johnson victory that it's a good message for that his victory was understated in polls that didn't appreciate people who wouldn't say they were voting for him. charlie: i think it's a good message for capitolists, more than i know he wants to get out of brexit and net-net, market guys hate, like brexit they don't like brexit. i keep getting that mixed up but that said, neil, he ran against the socialistic, he ran against mainly pro-growth economic, he ran against anti-growth economic policies. neil: he ran against an extreme. charlie: right. neil: extreme progressive, and i'm wondering if it sends a message democrats be careful. charlie: it does and by the way a lot of traders were saying this is bigger than the trade war today. the trade deal, with china.
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this is bigger because it says that if basically by the way the countries demographically are not all that much different. it basically says if you go bernie sanders, if you go elizabeth warren, if you go even biden as he's moving to the left , you will lose because this is not a socialistic nation, and that's what they said in britain and i'll tell you -- neil: warning of barack obama. charlie: barack obama never went as far left as these guys. neil: no but his warning. charlie: oh, yes, yes, you're right that's the whole thing and the democratic party is starting to look like, and plus he was an anti-semite. could you imagine israel may have to break off relations with britain. i mean, that would be -- neil: what jeremy corbyn said. charlie: but let me tell you something it's a sigh of relief that he won. it's bigger than the trade deal i think. neil: that's interesting. you're always interesting. charlie gasparino, in the meantime some of these former nfl players accused in a multi
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neil: we're getting word that airport van service super shuttle going out of business has been losing ground like uber and lyft and the company says they will honor reservations through the end of the year, it's just a couple of weeks to go but it comes up the same time that lyft is looking to disrupt the entire rental car industry itself. susan li has more on that. >> you bet to take a look at lyft we're up in a flat session just around 1% or so and this is about added convenience so users can now rent on the app, itself, and now this is i guess a place for lyft to just get out of
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being a pure ride hailing play but this is how easy it is, you can see it behind me. you go on the app, make your selection, it's around $35 a day , and it could up to $149 for a weekend drive, but it's only available for select drivers in the bay area and los angeles, initially offering unlimited miles, also lyft will pick up the refueling at market prices, you can have some add-ons as well including it costing you a little bit. now, a lot of people have been expecting this time of announcement. its been rumored since may of this year that lyft will get into rental cars and instead because lyft had to i guess try to boost up a stock price which sold at $2 a piece during its ip o, but then it also goes against the rental car company like hertz and avis, which both fell yesterday by 5% and 6% or so. now we heard from lyft saying they will be profitable after-taxes and expenses hopefully by the year 2021 same thing for uber as well, but some
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would say that lyft is such a pure play, that they really need to expand their businesses, and this is kind of what they're doing right now, but what does this mean for letters and avis helping out the ubers and let's with their drivers so the drivers can actually rent the cars from these companies so it's a very tangled web that we weave, neil? neil: so how did it get the car to you? >> that's a good question. i think you have to go somewhere to rent them. i don't think anybody drives these cars over to you. neil: oh. >> that's a very good question actually. neil: well, the way i roll. it's interesting, but you talk about a big entrance into the race that does change the equation. great reporting as always susan li on all of that. you probably already know about the holiday spending records that are being routinely broken but they are coming at a bit of an expense. people are piling up their credit card debt, after this. we call it the mother standard of care.
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neil: all right, the good news is we are spending like money is going out of style this holiday season. in fact a lot of records could be broken, and not just because there are more americans than there were last year or the fact there are deals to be had this year. the fact of the matter is we are spending like crazy it's a sign of optimism and the flip side is a lot of us, many of us, are putting that on our credit cards so our debt is building, as we're doing all of this buying, but it isn't quite what it appears. market watch reporter christopher math uses is with us right now. when you look at it, chris and we were talking during the break a little bit about it, it would stand to reason a lot of that increased spending would come on credit cards. is it alarming or how would you
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describe it? >> you're seeing delinquency rates in credit cards take-up a little bit, it's the highest in 10 years that being said it's a lot lower than it was in the 90s and 2000s. neil: is it lower right before the meltdown? >> yes, you saw that take-up into the great recession, so obviously for those people who are delinquent it's a problem but for the macro economy it doesn't look like a big red signal. neil: all right, normally, if you're going to be spending money, you know, don't do it via credit card. a lot of people do debit card or whatever, but they can spend money how they feel, so that reflects some confidence on their part in the economy. how would you look at it? >> well i think consumer confidence levels are quite high they are near record levels and so you're seeing that reflect in people looking at the stock market near all-time highs so people are feeling good. neil: what about millennials, young people in general? they're the ones spending in the past. how would you describe that? >> sure and that's starting to change a little bit.
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over the past 12 months for instance homeownership rates have is are en the fastest in the under 35 category so you're seeing average millennial is nearing the age of 30 and that is sort of when people start to spend on more big ticket items so you're starting to see the millennial generation kick in with the big spending. neil: i saw the stats on homeownership or interest in just home shopping. that was something that wasn't materializing post the meltdown, that maybe a lot of young people saw what their parents went through or others went through, and said no, not for me. that does appear to be shifting and with home purchases, or interest come a lot of other ancillary sales benefits. >> absolutely i think in the survey data you never saw the millennials didn't want to be homeowners. i think there's a cultural shift to waiting longer and now we're starting to see the benefit of that and i hope they continue to spend as they age into that 30- 45 category, which is really where you see the big spending. neil: the retail sales figures out for the latest month were weaker than thought, about half what a lot of experts thought.
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should we read anything into that? >> you don't want to read into a single number but you would like to have seen a bigger jump outside of gas and food, it was flat in november. you would expect it to be higher than that. neil: yeah, but so far -- >> so far it's okay. you won't want to make any conclusions until maybe after the holiday season. neil: got it all right chris matthews market watch reporter following all this very very closely in the meantime phase i on the china deal is done. we still don't know what's in it we do know that we're already moving on to phase ii, what's that about? after this. (chime) (shaq) magenta? i hate cartridges! not magenta! not magenta. i'm not going back to the store. magenta! cartridges are so... (buzzer) (vo) the epson ecotank. no more cartridges. it comes with an incredible amount of ink that can save you a lot of frustration. ♪
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they wi'll be used as a negotiag table for the phase two deal. which they would like to start immediately and that's okay with me. we were going to wait until after the election but they would like to start them sooner than that. neil: so the phase one deal is on. now, a lot of people are looking, saying why aren't the markets -- of course, they had a triple digit runup yesterday. the details on this are still wanting. we don't know more. but maybe the notion the president is keeping the 25% tariffs in effect on the existing ones that are already out there, just delaying them for the time being for the new round that were going to kick in i believe sunday, 12:01 a.m., maybe that is what's weighing on the markets. not in a bad way, just a buying on the rumor, sell on the fact or just don't do anything on the fact. anyway, edward lawrence has been going through all of this, the whiplash of what's behind it. reporter: back and forth, back and forth, right? yeah. so it could also be that the markets are looking, they don't have the details of this
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agreement. we heard both china and the u.s. say that it's going to protect intellectual property and deal with the forced transfer of technology. we just don't know how far those protections go, or what type of protections will be involved in this. the other thing the market hates, as you mentioned, tariffs. that's essentially a tax ultimately on the consumer. the president confirmed 25% tariffs on $250 billion in imports from china will remain, but tariffs on $120 billion will drop to 7.5%. you heard he will use the tariffs to make sure china comes to the table here. the president also saying the chinese will buy $50 billion worth of agriculture from the u.s., but a source says the chinese will not put that number in writing in an agreement, just listen to the president's commentary. >> and that's going to be one of the great deals ever. it's going to ultimately lead to the opening of china, which is something that is incredible, because that's a whole big untapped market of 1.5 billion
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people. reporter: so if the protections in this are enforceable as the u.s. trade representative says they are, it could mean real structural change and that could be a long-term gain for the economy. the market just seems like they need more details at the moment. neil: thank you, my friend. let's get the read on all this from gary b. smith. he is, of course, fox news contributor. we have professor jeanne zaino with us and last but not least, alexander wilson, america rising -- i'm sorry. phil flynn. i apologize. old notes. i apologize, phil. let me begin with you, phil, on this idea that you could argue a trade deal with china would lead to improved economic activity, would lead to higher oil prices, lead to higher interest rates. are we seeing any of that unfold? >> we are, believe it or not. we saw oil prices today get back above $60 a barrel for the first time in a very long time,
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probably 12 months. actual actually, i should say since the saudi attack, they spiked up above $60. they did get above there. they are just below that now. we are also seeing happy farmers. i'm hearing from a lot of farmers saying thank goodness we're done with phase one. now all we have to do is worry about phase two. but we are seeing some happiness in the grain prices today. look at soybean prices. they are on the upswing today. we see cattle prices going up. hog prices going up. there's a lot of corn out there so corn prices are struggling but there is concern because what was hoped for, that was the total reduction of all tariffs, not them getting cut in half until september, and that's one of the reasons we're seeing maybe a little bit of restraint from all of the excitement from the initial announcement. neil: it could be a good strategy, gary b. smith, to get the chinese to make good on t s this, and to do more, right? >> well, absolutely, but you know, it's funny, it's kind of
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like a hallmark movie. it's a feel-good story, but i don't know what the story is. i don't think anyone knows what the story is. we have a reduction here, something there, but meanwhile, there's nothing in concrete as far as i can tell, china hasn't signed anything, it's a lot of oh, okay, well, this all sounds good and quite frankly, we have kind of heard this sounds good story before. we heard this allusion to the phase two, the mysterious phase two. i'd like to know what exactly is in phase one? that all said, i guess the needle is moving in a positive direction, and per phil's point, people seem to kind of feel good about it. that's okay for now. neil: you know, jeanne, i hope that is indeed the case, to gary's point, touching on what phil said, but you know, we have this kind of abusive relationship with trading, you think about it. the markets move up on the slightest positive sign, down on any disappointment or presidential tweet. i'm wondering whether we risk
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getting kind of overexcited about this. what do you think? >> you know, i do think there is a risk of that. to the previous point, i also think, of course, we are being asked here to trust the chinese. number one, we need to know specifically what's in the phase one and then a phase two, but more important than that, we have to be able to trust and verify that the chinese are going to deliver on their part of this. i think that's a big open question. so i think this is a positive sign but i do think the markets should be circumspect to a certain extent until we see the details and we see the verification and we are able to trust and verify what the chinese are delivering on their part of this, and we have faith they are going to move forward to phase two even though the timing now looks like that may be after the presidential election, so we could be in this sort of middle stage for a long time now. neil: phil flynn, i want to switch gears and talk about the
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boris johnson big win in britain. for my money, i think impeachment notwithstanding, that was the biggest economic and market-moving event for this president of the week. i want you to react to this. boris johnson on his big win. >> -- members of our new one nation government, a people's government, will set out from constituencies that have never returned a conservative mp for a hundred years, and yes, we have a mandate from this election, get brexit done and we will honor that mandate by january the 31st. neil: phil, i apologize for that confusion. relying on my notes, anything can happen and usually does. i apologize. phil, i did want to get your take on that, because you think about it, he was favored to win, conservatives were favored to win but not by this margin. it got me thinking that maybe that was analogous to the sentiment ahead of the first
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brexit vote back in summer of 2016. it won fairly comfortably. you know, you look at the strength of the conservatives here, across the board, labourites, democrats, if you will, voting conservative, it gets you thinking could this happen here? >> i think it's going to happen here. not only here, but throughout the world. we are seeing a rejection of some of these more liberal policies across the globe, not just here, not just in the uk, not just here in the united states, but places like india, the south pacific. it goes on and on and on. i think people are starting to wake up and realize that their lives as individuals, you know, it's not government telling us what to do and being held back by the government but letting the free markets and businesses do what they need to do. so every leader in the world should learn by what happened in the uk, and to start moving
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towards the way the people are demanding, and the people are demanding free markets, they are demanding independence, and they are demanding that the governments really get away from our lives. neil: you think about it, gary b., harkening back to donald trump's election where few if any thought he would win, let alone pick up the electoral victory he achieved, it was very similar to what happened with boris johnson. a lot of people said they wouldn't vote for a conservative lied to the pollsters and did, in record numbers. i'm wondering how the markets digest all that. >> i think positively. very positively, going forward. i think there's a little bit of trepidation as there should be, what exactly is going to happen on january 31st. but the good news is, you know, you and phil kind of alluded to it, it's a vote for free markets. it's a vote for capitalism. it's a vote against socialism. to think that the uk could continue to grow with the yoke
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of what brussels dictates for a good deal of their economy was ludicrous. there will be growing pains coming out of this, just like there were growing pains going into it, but again, it's good news for capitalism. it's good news for donald trump. a vote against the policies that the bernie sanders and elizabeth warrens have. neil: you know, jeanne, you were among the first to say that impeachment would not have any material effect certainly at wall and broad but it still remains that way. i'm wondering why that is. obviously it's going along party lines in the judiciary committee where they recommend moving forward with these two articles of impeachment, presumably a similar outcome in the house, but dead in the senate. is that your read? >> that is my read. i will tell you why. because impeachment doesn't work unless it's bipartisan and bicameral. this is anything but. i would just put caution to the previous point on boris johnson
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and brexit. i think we need to be a little circumspect. there were also considerations here such as the fact that jeremy corbyn was not a popular, in fact, a wildly unpopular figure who couldn't even take a stand on the biggest issues facing the country. so i don't think we can read too, too much in by way of what happened in the election yesterday. neil: it would be a message to democrats in this country, you don't want your front person to be a guy like that, right? >> yeah. you tell me what you want me to do and here's somebody who didn't take on a position on the most important issue of the day. you know, regardless of what you think about brexit, yes or no, you've got to be saying maybe this isn't the leader for us when he can't step up and say what he thinks should happen. that to me is a problem. again, the most, you know, outstanding negatives i have ever seen on an opponent perhaps since 2016 with trump and clinton, this was a wildly unpopular figure over there. neil: all right. final word on that. guys, thank you all. have a wonderful, safe weekend.
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get your shopping done or whatever. meantime, you have probably seen this video. it is really kind of exorcist scary. the mother of the child in this video who says hackers somehow got access to her daughter's camera, in her room, and that's only half of it. after this. >> who is that? >> i'm your best friend. i'm santa claus. it took over 100 years to perfect this masterpiece of italian design and performance... ...and about 15 minutes for us to paint one neon green and do this. blends right into the italian architecture! ♪ see everything you should never do with an alfa romeo... no no no no no! ♪ ...then experience everything you should on the road now. well-qualified lessees get a low mileage lease on the 2019 alfa romeo stelvio for $379 a month
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208-262 -- thank you. neil: here's the thing. that wasn't apple. that was a robocaller that got very very clever, making you think it was apple. to fox news head dlines 24/7 anchor prbret larson. >> it sounds like the same person who calls me from the irs and social security administration telling me i'm being sued and my social security number has been blocked. yeah, that's a scam. it's a scam call. it is a robocall. neil: a layered, clever one. >> it is. it's going the extra step. we have been, for probably the past year or so, getting the spoofed calls. you look at the caller i.d. and think that number is similar to mine, maybe this is a neighbor calling me, maybe this is a store in my area that's trying to get in touch with me and you answer the phone and turns out it's a call center in the farthest stretches of the world. now they are getting creative, actually starting to spoof actual business numbers which in some instances, will trigger your phone to put up something
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like this that says apple store, montgomery mall. if you have gone into the apple store, if you have the apple 800 number saved in your phone for the customer service, if they spoof that number, that's what's going to show up on your phone display because that's associated with the caller i.d. information. you might fall for it. you might pick up the phone and oh, we need to get in your icloud account, we need you to go to cvs and buy gift cards. robocalls have been surging over the past several years. they have gone up 56%. from 2017 to 2018. they are costing us $3 billion -- neil: supposedly, we adopted legislation that would squash this. >> we had the guy, the fcc guy came on, they're working hard over at the fcc to try and stop this. they are trying to work on legislation to empower the phone companies so that they are free from any sort of legal backlash if they start blocking people's phone numbers. they are also working on, i like the name of this legislation,
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congress, shake and stir, some caller i.d. framework they are putting in place that will actually give what's pretty much a digital fingerprint for your phone call. so if you are calling me, if you are on verizon and i'm on t-mobile or at & t and sprint, the two networks will communicate with one another, yes, this is actually neil cavuto. neil: when we see like bret larson, your number comes up. >> don't pick up the phone. it's kind of like when you get the unavailable call from fox. neil: yeah. yeah. >> wait for them to leave a voicemail. the house has passed some legislation. it cleared 417-3. neil: wow. >> so this is definitely, this is one of those issues i think all americans can get behind. neil: how people can advance technology for their own nefarious methods. this particularly occurred to me, in the case of this mother who caught a hacker speaking to her daughter on amazon ring. that mother had a chance to talk to maria bartiromo. take a look. >> i didn't even get very far into it, when i first heard his
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voice. i mean, i ran inside and you know, she was just pet ri frifid my husband was shaken. he could barely get words out. maria: does the hacker know where you live? >> yes. when you bought into the ring app, it has your address right there. neil: how did that happen? >> this is scary stuff. we invite a lot of this smart technology into our homes, we set it up, we think we have done everything right and maybe we missed a step along the way. in this instance, amazon is saying she reused a password that wasn't difficult enough and didn't enable two-factor authentication. two-factor authentication, if it's available in any form for anything you have to log into, you should absolutely use it. what it does, when you try and log into, say, your credit card to pay your visa bill or maybe your bank or the electric company to pay the bill online, they send a text message to a cell phone that you have already established as yours. you punch in the code, everything works forward.
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that is an option available to ring customers and if you are a ring user, you see this horrifying story, absolutely enable that. amazon came out pretty quickly after this story started to go viral and said you've got to enable every last security feature that you have. also, with passwords, listen, trust me, i understand, you got to log into everything. every time i turn around i got to log into something. it's a pain in the rear. and it's hard to remember all the passwords. but come up with something somewhat complicated, come up with a phrase that you might remember, mix in some symbols in there to make it really difficult for it to just be a brute force attack, where someone is just going to keep trying every single thing they can. most of us -- neil: do we know if the hacker in that case, obviously he was talking to this little girl. >> he was able to access it. yeah. neil: right. >> that's horrifying. when you access these devices, mostly it's these cameras that people are putting in their house for security reasons, and this is the antithesis of security. you have people logging into it from afar.
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think of it this way. if there is a device in your home that you can access when you are not in your home, that means anyone else can, too. so because of that, just like you would put locks on your door, just like you make sure your car is locked when you park it at the mall, you definitely want to make sure every last step that secures that device is taken before you start using it. especially if it's going to be watching your children. neil: thank you very, very much. bret larson. more after this. we have the dow up about three and a kwar poinquarter points. we can tell you that china has made promises but the problem when dealing with china, they have made promises in the past. we just want to make sure there are guarantees there that this time they will make good on them. after this. you are my rock... nothing is stronger than you. you are one-of-a-kind. i love every facet of you.
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thought that we were going to avoid another government shutdown, in other words, the way to keep the lights on through the end of the fiscal year september 30th of next year. but it's a way we went about it, with band-aids and sort of good luck charms that riles my next guest. he follows this very very closely. he says we are spending money like it's nobody's business and it's money we don't have already. stanford school of business lecturer dave dotson on what doesn't like about this latest effort, because it's not much of a fiscal effort. >> i don't know where to begin. this is what happens when you have the tax and spend party and the borrow and spend party come together to try to do a deal at the last minute. by the way, you mentioned, this is a deal that was started in june when mitch mcconnell, if you can imagine this, called president trump and said quote, no one ever lost an election by spending money. remember, president trump in 2011, he criticized the republican party for raising the debt ceiling when obama was spending so much money, and he
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said i'm embarrassed to be a republican. that's in 2011. so what do we have now with the tax and spend party and the borrow and spend party? we have $320 billion increase in our deficit, in the best possible economic times and you and i have had in our lifetime, and imagine, meanwhile they are cooking the books and they are cooking the books and lying to us in exactly the same way that jeff skilling from enron was cooking the books. neil: explain that. >> every year the treasury department is required to issue a report on what the true deficit is of the federal government. or total debt. it is $47 trillion, these are their numbers, neil, $47 trillion more than the stated $22 trillion budget. that's jeff skilling-like. neil: where is that extra $25 trillion? >> unfunded liabilities for social security, medicare, mostly entitlements. meanwhile, of the $22 trillion we have borrowed, six of that is coming from retirement funds and
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overfunded, temporarily overfunded health care funds and we have no plan to pay it back. if you're in the private sector, and you cook the books like that, you go to prison. of course, there's a process which, if you ran a process like that for any company, even if it was a local bookstore, you would get fired because what's going to happen now is on thursday, they announced a deal and they high-fived and did a victory lap about how proud they were. they are going to work out the details because the details aren't even worked out, over the weekend. neil: you know there will be a lot more spending. you do know the late great paul volcker who passed away this week, this was his biggest concern, that both parties were not dealing with this. >> they're not. we have, you know, we are going into 2020 and we've got a democratic lineup which is largely they have not found something that they can't spend money on, whether it's free tuition, et cetera, et cetera. you've got that happening. then even the deficit hawks like senator scott won't make the hard decisions. earlier this week, he said he's not going to vote for this, he's
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going to vote against it but of course, the republicans and the democrats have the votes. he said i'm not going to vote for it and he was pressed on where he would make cuts. the only thing he was willing to go on the record on was $4 million for peace corps program in china. neil: you know, republicans won't address defense, democrats won't address -- it's a little simplistic. but unless they can both hold hands together and jump off the cliff, nothing's going to happen. >> the thing is, you know, when this government of ours was set up as a requirement to cooperate, you can disagree and still work together. but we set this thing up to say people have to work together and cooperate and we're not willing to work together and cooperate. so when it comes to spending, just kick the can down the alley, and leave it up to our grandchildren to take care of. neil: depends if you like your grandchildren or feel guilty about it. >> that's a personal issue. neil: all right. thank you very, very much, professor. he's quite right about this.
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house rules committee and in the past hour and a half, we have learned there will be a rules committee meeting that sets the parameters of debate, tells us how long the football field is and how long they will consider the articles of impeachment on the house floor next week. that meeting will be on tuesday morning. now, the hand signal here on capitol hill, when the rules committee meets say on a tuesday, that usually means the issue before them will be on the floor on wednesday. with articles of impeachment, that's a big deal. that's probably a debate that might be wednesday, thursday. so we're looking potentially at articles of impeachment being approved on the house floor next wednesday or maybe thursday. thursday is a big deal because that's the same date, december 19th, that they approved the articles of impeachment for president clinton in 1998. then it goes to the senate. and that's everybody's next big question, is what does a senate trial look like. the president has something to say about that. listen. >> i can do -- i'll do whatever i want. look, there is -- we did nothing
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wrong. so i will do long or short. reporter: so a long or short trial, nobody really knows. the key in 1999 is that the two senate leaders got together and forged an agreement. again, there's no rules committee in the senate in the same sense that there is in the house of representatives. there is a rules committee but they don't actually control the floor the way the house does, so in 1999, the two senate leaders then forged an agreement and maybe mcconnell and chuck schumer could do the same this time. here are the other issues on the floor next week, and i'm going to give you the timeline here. number one, they have to fund the government. i have been led to believe here in the past two hours that that will probably be on the house floor maybe next tuesday. that would clear the decks in the house for the impeachment articles to be up on wednesday and thursday. then the usmca, that's the one thing that they have to go through a markup session, go through the ways and means committee to prepare that. that probably falls to the end of the week.
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that's the punctuation point in the house of representatives late next week. the other issue here going back to impeachment is does the house send over to the senate a resolution with the articles and saying here are our impeachme impeachment -- they have to figure out what a senate trial looks like. they don't have to figure it out next week, but we find out who will maybe prosecute the case on behalf of the house of representatives in the senate. that's something we might find out late next week, too, even if the trial doesn't start until january. neil? neil: then there's the little issue of christmas. all right, thank you very, very much, chad. meanwhile, twitter is launching a new campaign to make it clear, we are going to be fair to everyone who is involved in the campaign, all candidates, all sides. hillary vaughn at the capitol with more on that. reporter: well, twitter's decision to ban political ads on their platform has some politicians and some campaigns ticked off because a lot of people use twitter and campaigns wanted to take advantage of that. critics say the ad ban actually
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helps politicians in office, stay in office and poses a disadvantage to those challenging them. now twitter says they will proactively verify candidates running for office with a blue check and also a special election label. most politicians are already verified so this move helps give credibility to opposing voices and new faces on their platform. twitter's public policy director saying this. quote, when voters look for the latest breaking news and political commentary during an election, they turn to twitter to find it directly from the source. so instead of letting ads do the talking, twitter is giving candidates a boost to speak directly to voters. this policy applies to any candidate running for congress or governor that qualifies for the primary ballot. they will extend that policy to any campaigns that qualify for the general election. neil? neil: thank you very, very much. in the meantime, we are getting word about the big democratic debate next year, that two major entrants may not participate. elizabeth warren and bernie sanders tweeting out they could
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stip skip it because of an ongoing labor disruption there and they do not want to cross the picket line. how serious this is, is anyone's guess, but it is sort of like a wrench in the middle of that because they had to move locations from the planned venue, loyola marymount university in los angeles to that venue from another one to avoid just this sort of thing. now all of a sudden, they are stuck in that. phil wegman of real clear politics joining on this and the other competitive things that are going on in the news and politics, trade deals and all that. phil, first of all, if you don't have them at that debate, those are two big no-shows, are they not? >> warren and bernie sanders not showing up would completely change the dynamic. i think what would likely happen is we would have a sort of candidate forum, not necessarily a debate, because if warren isn't there, that means that pete buttigieg will lose his foil and you see a big shift on the debate stage with a lot of the left-leaning candidates
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gone. i think rather than having it out for one another, instead it would probably be a sort of ho-hum back and forth discussion, not the sort of bloodletting we are used to. neil: i think these two are the more extreme progressive candidates. i'm thinking of jeremy corbyn, what happened, what went down in britain, and he has stepped down as head of the labour party because of it, that maybe it was a signal to democrats, be careful who you make your title bearer here because he or she could drag you down. what do you think? >> i think the story that is going to be enduring in 2020 starts in 2016, which is that bernie sanders was not successful in that race but he shifted the field. he made things that we were talking about just four years ago like medicare for all, free college, $15 minimum wage, he made those things mainstream and whether or not he becomes the nominee, his ideas are the ones that i think the democratic party is going to be obligated to argue for or try to enforce
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either in their platform or in the white house. now, if that's going to work for them politically, outside of a democratic primary, that remains to be seen. and the news from england, if that's a test case, that doesn't look good. neil: you know, i do notice, a little apples and oranges on the other side of the atlantic, but the conservatives were expected to pick up some seats but not 80 plus. i'm wondering if it's the same phenomenon we saw in the united states with donald trump. people would not admit that they were going to vote for him and it could be playing out that way again. >> yeah. this is a concern for, you know, both the democratic nominee, whoever that ends up being, and the trump campaign. they look at that polling and they say there were a lot of voters who didn't want to tell someone on the other end of the phone yes, i'm a trump supporter, so they kept it to themselves, where a lot of robocalls ironically enough, where you didn't have that interaction with another human, were more accurate because people weren't embarrassed.
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there's the possibility of a sort of silent majority here. it's one that the trump campaign certainly wants to exploit and they have been reaching out to voters nonstop, their infrastructure is a lot more impressive this time around, and we will see what happens. neil: you know, likability apparently plays a big factor, no matter what country or region you're in. apparently, say what you will of the hair and everything else with boris johnson, but his funny plaguying off "love actually" was well received. a little self-deprecating but it works with brits who might disagree with him politically but they like him personally. what did you think of that? >> i think that's interesting, because he is this individual who likes to come across as a buffoon but boris johnson is anything but. he's one of these individuals who knows latin and greek, he's very clever guy, very smart and very intelligent, and he's fine being sort of someone who you
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might overlook but his ideas, those clearly won the day. i wouldn't be surprised if we saw something sort of similar from donald trump in 2020. again, this is someone who is as much of an entertainer as he is a politician. if you talk to voters outside of washington, d.c., if you are at those rallies, people are going to those rallies because they believe in the candidate but they are also going because they think it's fun to watch. i think the entertainment value is something we can't discount. neil: no. i think you're right about that. we will watch it closely. always fun. thank you very, very much. we got the dow up a little more than one and three quarters points. a little more than 10, 11 days from christmas. we are looking to see if this month closes out what could be a record year. you almost want to listen to holiday music, right? here's the problem. a lot of people are getting sick over it. are the color cartridges in your printer
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so ditch the old way of selling your car, and say hello to the new way-- at carvana. neil: all right. be very careful if you are in charge of going after retired nfl players' health care. ten players are now facing charges of health care fraud. they are going to be looking at arraignment later on today. mike tobin has the latest. >> ten nfl players will start showing up at courthouses charged with defrauding a health care plan intended to help retired football players. the most notable of the ten people charged is clinton portis who played with the washington redskins and denver broncos. he turned himself in in north carolina today. he's expected to make his first court appearance there. the fraud, according to federal prosecutors, is that the retired players directed by three ringleaders would submit claims for phony purchases of medical equipment, then keep the money. the claims were accompanied by bogus prescriptions, forged
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letters. the ringleaders would get kickbacks. the department of justice says they submitted some $3.9 million worth of phony claims, of which $3.4 million were paid out. some of the reimbursements were for equipment that isn't even used to treat people. >> on more than one occasion, there were claims filed for very expensive equipment that's used to treat horses. so when you see something like that as a claims administrator, it tends to draw your attention. >> according to prosecutors it was the insurance company cigna that spotted irregularities in the claims and ultimately referred the case to department of justice. the fund that was defrauded was the gene upshall player reimbursement account plan, intended to take care of players with lingering problems after their time in the nfl. neil? neil: thank you very, very much. as we told you earlier in this broadcast, brexit looks like it will be a done deal, but again, even though it was a big victory for conservatives and boris johnson, the devil will be in the details, and they might be bumpy details at that.
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kristina partsinevelos in for charles payne on what could be coming up next. kristina: very, very bumpy road ahead, almost a transitional time for a lot of the businesses in the uk, even american businesses because we don't know what's going to happen. boris johnson, the prime minister, saying he wants a signed agreement, everything done by january 31st. when you think about the timing, they have been working on this brexit deal for about three years. finally things have progressed so can he get everything done, just within this short amount of time. that's the big question. the uncertainty that still looms. even though we have progressives and it shows the difference between the people, the civilians and the westminster elites. this is a narrative that i think we see across the globe right now, really this divide where people are growing that self-confidence to come forward and vote and say that you know, you don't hear us, you don't represent us anymore. this is really what we saw with the conservatives leading across
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the pond in the uk. that's something we are really going to dig into and dive into on the show today. also, go into details into what this means for markets, because it's going to affect the united states. you've got phase one pretty much in the cards right now, usmca, no hung parliament in the uk, an averted government shutdown, the fed pushing some liquidity into the market by year end. these seem to be all positives. how do we get in as investors? that's something i want to know, i know our viewers want to know. you have been touching on it throughout your show, too. neil: looking forward to it. you have a lot going on concurrently. she will be up in about 15 minutes. thank you very much. meantime, taylor swift is taking aim at male privilege but it's how she did so and the venue she used that's raising eyebrows. >> the definition of the toxic male privilege in our industry is people saying but he's always been nice to me when i'm raising
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valid concerns about artists and their rights to own their music. of course, he's nice to you. if you're in this room. you are my rock... nothing is stronger than you. you are one-of-a-kind. i love every facet of you. you are my diamond. for the diamond in your life, there's only one diamond store. zales. it's the "you are my diamond" event. get 30 % off everything including these one of a kind deals. exclusively at zales, the diamond store a more secure diaper closure. there were babies involved... and they weren't saying much. that's what we do at 3m, we listen to people,
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woven and molded into all the things we consume. we created bionic and put the word out with godaddy. what will you change? make the world you want. ♪ neil: wow. it's a whole 12 days. i can't deal. anyway, welcome back. you might like the music, might get into it, but a lot of people are saying too much of it is making them sick and there's evidence to suggest that it could indeed be harmful to your mental health at the very least. again, it's in the eye of the beholder, grant you. we've got america rising pac
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director alexander west, we have jackie deangelis and alex clark as well. jackie, your thoughts on this? now they're saying too much of it, it can actually hurt you. >> well, the holiday time can be a sad time for some people. it sort of brings out these feelings of loneliness and you have thanksgiving, you have christmas, then the new year, so it's a prolonged period of time. at the end of the day, some people don't enjoy it but some people do. the retailers have made a big business out of christmas. any store you go into is playing holiday music. you kind of can't miss it. if it's depressing people or making them blue, i feel sorry for them personally. neil: yeah. the one that bothers me, we want figgy pudding and won't go until we get some, i don't know what figgy pudding it and i don't want you hanging out at my front door. that would annoy me. but having said that, what do you think of this? that all of a sudden it can be bad for you? >> you can take my christmas music and pry it out of my cold, dead hands. neil: got it, got it, got it. >> i don't know who did this
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study but bah-humbug is what i have to say. i will say this. i think we start christmas too early. i think we don't give enough due to thanksgiving and i think that listening to christmas music starting in october in some places, we are starting to see the decorationdecorations, it p damper on the season because it's a special time that feels like it's getting sort of like violated by all these other things. neil: thanksgiving is lost in the sauce. alex, what do you think? >> i think you are holding out on us. you cannot tell me that the grinch didn't write this. the only way this is true is if people are just listening to little drummer boy on repeat. that's the only way that i'm believing this. neil: really. well, you know, i'm just saying that the figgy pudding, first, do you know what it is? i have no idea. i just know i have a bunch of people on my front porch and they're not leaving until i give them some. all right. while i've got you, you can maybe help us with this. taylor swift is making some news
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by going after scooter braun, last night, taking an opportunity to say that women are getting short-shrifted here. take a listen. >> my entire catalog was sold to scooter braun's ithaca holdings in a deal i'm told was funded by the soros capital, 23 capital and the carlyle group, yet to this day, none of these investors have ever bothered to contact me or my team directly. the definition of the toxic male privilege in our industry is people saying but he's always been nice to me when i'm raising valid concerns about artists and their rights to own their music. neil: what do you think of that, alex? >> you are so ahead of the game on this, playing that clip. no one is talking about the fact that she name-dropped george soros last night and the carlyle group. of course, the carlyle group is a massive investment firm that by the way, according to inside and daily mail, has ties to
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saudi money and the osama bin laden family, plus of course, george soros, one of the biggest donors to the left, yet -- so they helped funnel this entire deal of buying the masters of her music with scooter braun, and she's very upset about that but she's doing every single interview lately promoting the democrats, telling people to join the democrats, saying hey, if you are a democrat, let's go to the mall together. why is she going out on a limb doing all of this stuff for the left when she has arguably gone through one of the most painful moments of her career and she's saying george soros is partly responsible? neil: one thing i didn't understand, did she get money from that, jackie? >> she doesn't. you know, it's one of these situations where she didn't really have that much control over what's happening so i have some sympathy for that. at the same time, she's attacking private equity but they own the rights to her music. neil: has this happened to male artists as well? >> that, i can't be sure.
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she is definitely making it a gender issue. when she gets on the billboard stage and uses that platform to air her dirty laundry and grievances, i don't think it's appropriate. she sort of just makes it all about her. scooter braun has contacted her on twitter and said why don't you come and have a conversation, why don't we sit down and have a face-to-face about this, maybe something can be done, maybe we can work it out. she doesn't want to do that. she takes to the stage to bash private equity. neil: what do you think? >> this dispute has been boiling for several weeks now at this point. i think that on the one hand, you can say well, you know, the company or her original music label invested in her and want to recoup that investment and they deserve to recoup that investment. on the other hand, i think, you know, if you have followed taylor swift through her career, you know that she's responsible for several sort of paradigmatic shifts in the industry. for example, she yanked her entire catalog from spotify when she felt like the company wasn't compensating artists fairly. i think scooter braun to have been sort of on notice if he were to sort of secretly buy all
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of her masters, that she was going to have a problem with that, she was going to use her enormous public platform to effect change -- neil: i don't see adele doing this. she just doesn't do it. i wanted to talk about this other thing, baby yoda, which is now a big thing. mashable has declared it's the being of the decade. this is just a recently streamed show but it's become a cottage industry. what do you make of that? i always think this is what was happening in rome in the final days. your thoughts? >> oh, my gosh. okay. so i think baby yoda is phenomenal. i'm obsessed with that meme. one thing is look, "star wars" has turned into an sjw cesspool lately. but baby yoda is the one thing they give us. baby yoda in loungewear drinking soup while people fight in front of him, he's a relatable queen.
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that's what i look like every day here at headquarters in my snuggy. neil: too much information have you shared. your thoughts on this? >> my thoughts, he's super adorable. i haven't seen the show but how can you look at that picture and not want to hug it? if you go on the disney website, you can preorder that figure. i think the plush one is $26. the myth is they won't be ready in time for the holidays. neil: they missed the boat on the market. >> they have "frozen 2" so that's helping. neil: that is helping. thank you guys, very, very much. good to know. we've got the dow up about 8.25 points. we are still waiting for details on this trade deal. we will keep you posted on that. keep you posted on package deliveries and where they stand right now, if you're waiting to get packages on time for the holiday. you are cutting it close. after this. what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand.
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international space station will take off on manned capsule u.s. steps back into space without hitching rides that could be efficiency step in that direction. next friday. here is kristina through the next hour. >> thank you, have a good weekend. >> you too. >> thank you, happy friday, everyone i am kristina partsinevelos in for charles payne this is making money. breaking right now phase one complete, all three major indices milestones after china confirms deal has been reached details and stocks to keep an eye going on forward. it may be the brish election having effect on our political system why the conservatives big win could mean a big win for president trump and economy is riding high, heading into the new year some and outlets are casting doubt on the trade progress we look at what is being called the financial gaslighting of america all that and much,
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