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tv   Lou Dobbs Tonight  FOX Business  December 14, 2019 4:00am-5:00am EST

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this special edition of "strange inheritance." and remember, you can't take it with you. weekend. lou: good evening, everybody. president trump entered this week as a target of the rabid radical dimms seeking his overthrow. and he is this week as the author of two historic trade agreements that add considerable weight and luster to his historic list of achievements and successes over the fires few years of his presidency. president trump's monumental success overwhelming those radical dimms as they ask december -- they desperately carry on with their pathetic
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farce ensuring nancy pelosi, jerrold nadler and adam schiff will be devoid of decency of the national interest and scornful of the republic and our laws. driven by political am because, personal resentment, and outright hatred. despite all the party of hate has done to overthrow and block our president. today he announced the united states and china reached agreement on a substantive grade deal? how big is it? it will result in the chinese purchase of tens of billions of dollars in american agricultural products and ends tens of billions of chinese intellectual property theft. the agreement is enforceable, and president trump is maintaining 25% tariffs on the
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bulk of chinese exports to this country. a quarter trillion dollars worth. and the two nations continue further negotiations on phase two of the deal. the where touting the agreement as a remedy to many of china's unfair trade practices. president trump: it will be one of the great deals ever, the tariffs will largely remain, 25%. and we'll use them for future negotiations on the phase two deal. china would like to see the tariffs off. we are okay with that, but they will be used as a negotiating table for the phase two deal which they would like to start immediately, and that's okay with me. we would like to wait until after the election but they would like to start sooner than that. it covers tremendous manufacturing, farming, a lot of rules, regulations, a lot of things are covered.
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a lot of big things are covered. i say affectionately the farm letters have to buy much larger tractors because it means a tremendous amount of biz. lou: this agreement could be foundational if the chinese keep their word and honor the agreement. historically that's been a problem for china. it could be a roadmap to a strong and steady trade relationship and to a cooperate idea partnership between the two nations. the agreement provides protection for intellectual property and the end to forced technology transfer, dispute resolution and enforce built. it also includes purchase commitments for agricultural goods, manufactured goods, energy and services. joining us tonight, one of those who the president turns to for
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counsel, dr. michael pillsbury. author of the 100-year marathon. good to have you with us. sum up wit up -- sum up for us r if you will, your judgment of this deal as it now stands. >> this morning the chinese officials in beijing held a press conference. chinese officials don't usually have press conferences. in this case they were conciliatory of president trump. they have and i extraordinary respect for him for a variety of reasons. one of them is this book called "great again" president trump wrote four years ago. he has a section on china and he says china will be the biggest challenge to america in the future. he says they are the smartest negotiators in the world. and he lays out what needs to be
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done, and that's what he has done. the chinese said it's true, we agreed to this agreement. they didn't want to come to these talks at all a year and a half ago, they said we don't cheat, there is nothing to talk about. this time this morning they said they want to go on immediately to phase two of the talks. this is astounding to me. you i have advised 8 presidents, including obama who i'm sorry, i was a paid consultant to president obama on china. lou: i'm only upset he didn't obviously take your advice. too nobody has gotten this kind of dial before from china. the president's achievement is only hurt by the fact that the text is only available for a few people. when the signing ceremony takes place in the next two weeks we'll have a real reaction that this is just a phenomenal achievement by the president.
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lou: personally i think it's remarkable. the enforce built, rob it lighthizer -- the enforceability, robert lighthizer. he accomplished a great deal. he couldn't have been darker in prospect than in october after the basic dissolution of whatever agreement there was between the two countries. after the disappointment of may when the chinese reneged. the smart money at least, a good amount of it was tbhoaght way in hell the two countries would come together. >> they were so wrong, weren't they. lou: so often the smart money thissing this country. the smart money is represented by wall street. they have to -- they have to be thrilled with this deal, opening markets, financial markets.
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give us your sense of the importance of that aspect of it. >> i saw the president say opening china is his goal and it's going to happen. china is not well understood. china has been a closed market to america and most foreign countries. it's the world's biggest market. if the president can open up china to america, and especially if america gets in first in these various chinese markets have have been closed, it's good for the growth rate of our own economy. the president has been saying for quite some time if hillary clinton had wouldn't election china would be surpassing us about right now. he's adding he's going turn china and this closed chinese market into a source of growth for america. and the chinese are going along with it.
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lou: i think it's important, too, what else the president accomplished contemporaneously irrespective of what happens. there are various trigger points, the trip wires are everywhere, whether they are called that by the goishators or not. -- by the negotiators or not. we'll look at whether they are continuing their theft of our you intellectual property. all of this while not perhaps obvious to everyone and the public, it will be clear to our government, to our financial institutions, and the president will act one assumes quickly and surely in response. >> there are a couple problems. i don't think senator schumer or senator rubio were have fair to the president saying edsold out. lou: you are saying senator
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schumer was not fair to this president? my goodness. let's show everyone what senator schumer said. >> as you see it there, according to reports, he sold out for a temporary and unreliable promise from china to purchase some soybeans said senator schumer. not a generous hearted man. >> he doesn't know what's in the 86-page agreement. senator rubio's criticism is also unfair. >> yesterday i was hesitant. but i got a briefing yesterday and i think i pretty much understand what's come something out in two or three weeks. the ceremony won't happen tonight. it can't happen in the public at large or wall street for another
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two or three weeks when people realize the text of the agreement. lou: i'll make you a bet they will be tempted to celebrate tonight. as we look at what is going on here, it does seem to me to represent a really substantive progress toward moving to a meaningful trade relationship, and i do mean by that what the president articulates as a balanced and reciprocal trade relationship. how soon will we see trade deficits dissipate then disappear? >> some of the optimuses say there is as much as $200 billion in new purchases that can come in the next year, year and a half. but we don't want to rub the chinese noses in it. lou: i don't want to rub their noses tonight but i sure as hell wants to get rid of that trade deficit as does the president.
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>> just seeing the results should make us very happy. i do think marco rubio will owe an apology to president trump for this tweet this morning. lou: there are so many people in this country that owe this man an apology that it could take up a lifetime of reading to get through them all. schumer, pelosi, i meant exactly what i said, the radical dimms in this country and what they have done to this president, this country, to our laws, to our constitution and this republic is an affronts that history will not be kind to them. and they have an opportunity, if i may say, to take an exit before they demean further themselves and are simply a blight on this nation's historical foot notes. but they don't have much time. dr. michael pillsbury, great to have you with us.
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thank you very much. >> in spite of the impeachment trouble. lou: special counsel crossfire hurricane, the list goes on. thank you, mike. appreciate it. the radical dimms on the house judiciary committee today reaching the outer borders of the absurd. in the party line vote the committee chose to send two purely partisan articles of impeachment against president trump to the house for a full vote next week. president trump firing back earlier today. president trump: it's a witch hunt, it's a sham, it's a hoax. it's a horrible thing to be using the tool of impeachment which is supposed to be used in an emergency. you are trivializing impeachment. i tell you what, some day there will be a democrat president and a republican house, and i suspect they are going to
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remember it. the people are disgusted. the people are absolutely disgusted. nobody has ever seen anything like this. lou: hopefully we'll never see anything like it you again. we'll have much more on impeachment and farce. presidential historian doug wead and pasto pastor robert jeffresn us. will anybody in the deep state face charges for their role in spying in the 2016 campaign and the president's administration? also breaking new developments in the legal battle over the president's financial records. the supreme court making a decision. we'll have that and more when we come back. "there's got to be a time where we
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at your local xfinity store today. some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. lou: it was another record-setting session on wall street after the united states and china agreed to a phase one trade deal. but not a lot of fireworks. the dow up 3 points, the s & p and nasdaq hitting record highs for a second straight day. s & p up a quarter percent.
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the volume on the big board. the dow gaining half a percent, the s & p and nasdaq both up almost a percent. crude oil gaining a percent and a half. gold up a percent. silver nearly half a percent higher. goldman sachs says u.s. markets could see a significant correction if the democrats win the presidency in both chambers of congress in the 2020 election. they predict they will more than likely remove the president's tax cuts if they sweep, putting the markets at risk, and the economy, we don't want to think about it. please, no sweeps. listen to my reports three times a day coast to coast on the salem radio network.
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i should say no sweeps by the democrats. the supreme court will take up all three pending cases on president trump's financial records. three of them he, the high court will hear arguments in march on the three cases in which the manhattan district attorney and three congressional committees have subpoenaed financial information and years of tax returns from the trump organization, the president's accounting firm, and the court will rule by july we are told, four months before the 2020 election. extraordinary. it just never quits for this president. it's unbelievable. senate majority leader mitch mcconnell says he and the white house are absolutely in agreement on how to handle a few tour impeachment trial in the senate. mcconnell says there will be no difference between the president's position and the republican party's position. president trump expressing similar thoughts today.
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president trump: i think they are have much in agreeks on some concepts. i will do whatever they want to do. city wouldn't mind a long process because i would like to see the whistleblower who is a fraud. lou: joining us tonight is doug wead, vasor t vase -- visor to o presidents. author of a new book. inside trump's white house. it's out today. doug wead, great to have you with us. let's start with this president. two historic trade agreements this week. he has swat aside the efforts to overthrow his presidency with quote-unquote an impeachment inquiry. your thoughts about what is going on and where would you put this in historical context? >> what amazes me, lou, is how the president just doesn't stop. he uses everything that life
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gives him. with russian collusion, jared kushner said that helped turn around the economy because the media was so focused on this bogus theory they were able to deregulate without interference by the media. now while impeachment is going on, he rattles off 8 major events that have taken place with the canadian, mexican-american deal, the china deal. it's truly amazing. he's a businessman. he doesn't waste anything. he puts it to work. on the way in here i googled "the des moines register" to read up on the impending impeachment and it wasn't there. so i went to the union leader in new hampshire, the epicenter of politics and it wasn't there. i went to the san francisco chronicle, surely they will have
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it. they had it on page four. lou: that's an extraordinary canvassing you have done for us today, and we are always grateful. the american people know how this ends. and it ends badly for pelosi and schumer. and certainly for schiff. and nadler. it is just sow insulting to the american people that these low lifes, these radical dimms in the judiciary committee and the intelligence committee and some others would think they could pull this preposterous stunt and be taken seriously. there is not going to be a drum beat, and the sounding of trump thes as they -- the sowrnlgd of trumpets as they vote on this impeachment. it will be the sound of a flush.
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the united states congress and the democratic party hitting its historic lows once again. >> the democrats are very nervous, as the "new york times" said today, they current decide on a candidate, they can't decide on a platform. they have been on the pill since 2018, they haven't given birth to a new idea since then. somewhat was the new idea then? they haven't had a new idea frankly since 2009 and obama care. it's called socialized medicine but at least it was a new idea as they had framed it. >> they are debating on whether they will be socialists or the rub with napolitano and her new ideas now embracing the founding fathers. >> can you find anywhere in history a place where there is an even log for the conduct of
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the entire party like this. it's committing political suicide before our very eyes. >> not since the federalists divide us and had people run from different districts trying to divide the nation. all i see, hatred is what the party stands for. they have to come up with something better than that. the last time i was on the show the president tweeted by the, and his version of your show which he snowed his tweet got 800,000 tweets. which is probably better than what we got. lou: maybe we should recommend he do that on the quarter hour. we would like to hear your thoughts on all of this. share your comments. a programming note. i will be in washington, d.c. monday. acting secretary of homeland
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security chad wolf joins as does the secretary of commerce, wilbur ross and the judicial watch president tom fitton. please be with us for that. lou: the fbi fails to punish the attorneys in the bureau who helped spy on the trump campaign.
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lou: welcome back. the fire declaring in a court filing that it has, are you ready?
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absolutely no records of any disciplinary action taken against any bureau attorneys who pursued the fisa warrants targeting the trump campaign. this despite the doj inspector general's report that found 17 significant acts of misconduct, false statements, and omitted information. joining us tonight, award-winning investigative reporter, fox business contributor, and the leading investigator on spygate. this doesn't end with this story. it's corruption, more corruption, and more corruption in the department of justice and the fbi. >> now i think thanks to the good work of the south sooner legal foundation w we now know
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the fbi despite all the evidence we know of wrongdoing, they have not taken one iota of a step to discipline or hold accountable the people who brought this fraud upon the american public it's extraordinary. it's a warning sign if anyone is going to be punished it will require the fisa court and attorney general barr and john durham. the federal bureaucracy will not discipline itself. lou: the level of corruption in the fbi and even vie rons there will be is no reason -- as the environs, there is no expectation of them doing the right thing. i can't imagine why we would expect anything of them responsible and ethical whatsoever based on what we now know about spygate, crossfire hurricane, the special counsel
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investigation. it goes on and on. >> there are so many great men and women in the fbi. i have been blessed to know them since i was a little boy growing up in a cop's home. but the cultural mindset of the last two leaders of this bureau have left us with this mess. if we don't fix it, all of us are at risk of our liberties being violated with the nonchalance and dishonesty. this isn't about donald trump any more. what sort of america are we going to live in? are we going to live with a secret police? >> it's so serious both parties who should have been keen live aware of the vulnerabilities and the corruption of that department and that agency reauthorized fisa until march. you it's extended 90 days.
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so people won't get their pretty heads concerned about such an abstract issue as the fisa court that appears by the way to be if not corrupt, income tent. and i come down on corrupt. i really do. it's inconceivable to me that fisa courts can approve 99 plus percent of all the applications before them. it's a rubber stamp. >> our court system was set up by our founding fathers to create an adversarial system to protect our rights. now we have a rubber stamp. i read the i.g. report again this week. january 4, 2017, the fbi knew the steele dossier was bunk.
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2 1/2 years for carter page. all of that could have been prevented if the american public knew what the fbi knew in real-time. it's shameful it left all of us in the dark. many people should be held accountable for that misconduct. lou: i agree. i happen to be one of those. i believe mike horowitz was gentle in that inspector general report he filed. >> there also is a lot of facts that are damning. in the beginning having a factual basis to disassemble all the lies we have been told the past years. it's up for us to interpret. lou: rudy giuliani telling the
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president his trip to the ukraine produced more than you can imagine. the source telling the "wall street journal." he says this. let's just quote from the tweet. the american people have made up their mind on this impeachment scam. this is a smoke screen for the obama-bind administration's corruption. it will soon be proven and giuliani says there will be a 20-page report. your thoughts? >> i think he has done a lot of research and there is more important facts to come out. i expect to get my next documents for the foia lawsuit. we'll learn more about the hunter biden contacts with the state department. we are not done digging on ukraine. those of us who worked on it need to get to work on it because the mainstream media and the congress haven't shown any interest in it. i don't know exactly what the mayor has, but i believe there
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is more serious misconduct to be from ukraine. ñ??w
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lou: stories we are covering tonight include democrats carrying on their farce. the house judiciary committee
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voted along party lines of course. the full vote expected early next week on the floor of the house. an historic trade deal, president trump agreeing to a phase one trade deal with the chinese that brings in tens of billions of dollars in the purchase of agriculture, energy, and it reins in intellectual property theft by the chinese. and bor -- and boris' big win. it's more than brexit. the conservatives scored the biggest majority since margaret thatcher. the ohio state senate voted to designate mexican cartels as foreign terrorist organizations.
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the resolution demand the federal government do something about the cartels because of the direct threat those cartels pose to americans and to the state of ohio. the mayor of jersey city says he believes the intended target of the shooting this week was a jewish school and synagogue with children inside. the two gunmen are believed to have turned to an attached kosher grocery store instead because police police were so quick to even gang them. investigators say the gunmen were driven by anti-semitism and anti-police sentiment. joining us tonight, steve rogers, former trump advisory. and let's start with the terrible shooting designated now
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as anti-semitism and anti-police motivated shooting. why does it take so long to get to the statement, it's a terrorist act when we knew on its face that that's what it was? >> they should have come out immediately with the ammunition, weapons and knowledge they gained pretty quickly into the investigation. it was a terrorist attack. in this case a terrorist attack against the jewish community. lou: the president signing the executive action, absolutely combating anti-semitism at least on college campuses across the country where it has become a huge problem. >> the signing of the executive order that the president just did, lou, not only did it direct college campuses to address it, but it heightened awareness of how serious this problem is.
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back in the 90s when i was on the anti-bias task force in new jersey. we used policing methodologies that reduces acts against jewish communities, the hatred for police was rising, and it all boils down to interaction, the community and community policing was a big preventative measure to address these problems. i know the trump administration is talking along those lines. lou: and taking action. >> it's a great, great relationship with the law enforcement across this country as well as the people who live in these communities that can be targeted. my suggestion has been and continues to be, you get law enforcement, you get your government, and get your spiritual leaders involved. the priests, the ministers, the rabbis. they all come together to address the hate crime problems. >> then we have the case of pensacola naval air station where a saudi student pilot
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killing three people. an act of terrorism. and as i listen to the department of defense secretary to say this was outright terrorism. we find out that indeed other saudis were videotaping as this student pilot was killing people. there was such reticence to say it's terrorism. it makes no sense. >> they have to stop being politically correct. tell it like it is. i have been in the navy 25 years. i never have seen or heard of anything like this or would expect anything like this on a military base. you check the backgrounds of these people who commit these acts. we need the courts to get tough and sentence these people for a long time in prison. >> what happened? why are we training so many
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saudi pilots? secondly, they have been grounded. but why in the world is there not an active and public investigation and cessation of all military sales to saudi arabia? we are talking about building nuclear he actors in saudi arabia. >> these guys had access to weapons and jets. i think the bottom line is we have a lot of people to be held accountable for people not doing their jobs the right way. lou: i don't want the next stage of this crime, these hate crimes, whether it's saudis begins us. whether it's whomever against jews in this country. it's unacceptable. >> we have a commander-in-chief on top of this, thank god for that, from the white house. that's resonating from main
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street, u.s.a. >> i hope you are right. steve rogers, great to talk with you. the ceo of a business lobbying group in utah is pushing for a bill that would put american workers last. the president and ceo of world trade sr. utah myles hanson is backing a bill for the fairness or high skilled immigrants act. when is the last time you heard about fairness for high-killed americans act? i believe it accelerates the flow of indian and chain ocean h-1b visa workers into the united states because of their immense size in population allows them to compete foimplet s. jobs and visas and the lower wairnlgs that result. driving wage tbhs this country
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lower, not higher. hanson wrote this in the salt lake tribune. these talented foreigners can't wait in limbo for years. anecdotal evidence shows the difficulties in getting visas is driving tall ended immigrants to other countries like canada that will benefit from our loss. a economy of 30 million kns is a competitor to 330 million americans. imagine. what nonsense. the main sponsor of the bill is senator mike lee. he's from utah and he's taken in thousands and thousands of dollars this election cycle from some of thes top sponsors of hirks 1b visas. she planning we are told to bring the bill up for unanimous consent which means there would be no vote in the senate next week meaning know debate.
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that's pretty nifty. more darkness. more legislation in darkness. lee will apparently be blocked by south dakota senator mike brown it doesn't allow for dairy farmers to reward their work were green cards, and that's a problem. there you are. the pathway to victory. the group president trump hopes will lead him to reelection in 2020. stay with us.
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lou: president trump's campaign is planning to launch a religious voter outveatch coalition in 2020. that outveatch plans to grow and maintain the supporters from 2016. joining us is pastor robert jeffress. pastor, great to have you with us. the president is organizing the religious to grow voters and his
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base. >> that's right, lou. one reason for that is there are 25 million evangelical christians who are not yet registered to vote. 25 million is the latest statistic we have seen. that's why it's important to get them out there to register, to vote so they can vote for the most pro-life, pro religious liberty, pro israel president in history. if we get millions more registered, just think what that would do. i think it's the right and responsibility of every american, that every christian especially to vote. john jay was the first chief justice of the supreme court. he said god has given us in this christian nation the right to choose our leaders. lou: i want to take a look at
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some of the coalitions that will be launching next year. evangelicals -- i'm told we don't have that full screen. evangelicals for trump, catholics for trump and jewish voices for trump. i mean, that's quite a broad spectrum theologically as well as in terms of expanding the base. >> that's right, lou. but we are all united on key and core issues. wednesday night i was at the hanukkah party at the white house. so many jewish people there loved this president because of his pro israel stand. evangelicals are united in their belief to right to life. these believe are coming together for the important purpose of re-electing this
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president. wednesday night the president gave me a chance to say a word before he signed this historic piece of legislation. the executive order on anti-semitism. i said mr. president thank you for having the courage to be on the right side of history and god when it comes to israel. he's on the right side of god when it comes to life, religious liberty and a host of other issues which is why i think god is blessing this president like he is and why the democrats are fighting like h-e double l against him. lou: good to have you with us. lou: good to have you with us. we are coming back hey mom, i can't wait to tell you about today.
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i met a new friend. i know you always say i'm shy but i actually went up to her and we started talking. she even helped me to pick out flowers. she said she's glad we became friends. it's great to meet someone .. who really understands. she lost her dad last year. here are the flowers we picked out for you, aren't they beautiful? i really miss you mom. >> taps, the tragedy assistance program for survivors provides resources, support and comfort to heal the harts and meet the needs of grieving military families
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all at no cost to them. >> i love you. see you next week. >> families never forget and neither do we. show our military families that they are not alone. help us at taps.org/family. lou: a crisis in accountability within the fbi. details by investigative reporter john solomon. >> despite all the evidence we know wrongdoing in the fisa fraud upon the american public. they have not taken any step steps to punish people. if anyone is going to be punished it will require the fisa courts and attorney general william barr and john durham. because the bureaucracy will not
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punish itself. lou: monday acting dhs secretary chad wolf. and judicial watch's tom fittons wall street begins now. maria: and happy weekend everybody welcome to the program that analyzes the week that wasn't helps position you for the week ahead. i am maria great to be with you this weekend. coming up in just a few moments ceo of firm, maps election is our special guest. joining to talk about how a firm is disrupting the credit card industry. also asking about private evaluations and everything else. first big story of global headlines sending markets into record territory. phase i deal between the u.s. and china, and election victory for boris johnson in the uk,

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