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tv   Cavuto Coast to Coast  FOX Business  December 16, 2019 12:00pm-2:00pm EST

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all good stuff. no inflation. rip-roaring economy. that little thing about impeachment? forget about it. the market is rallying. we're way up on the dow, s&p and nasdaq. don't you love it. neil, it's yours? neil: stuart, thank you very, very much. all three averages, as stuart pointed out up and up a lot right now. imagine if boeing were not part of this picture. that stock sliding 11 bucks a share on concerns that the 737 max might be not flying anytime soon if at all. take that out of the equation, we would be up in excess of 250 points versus roughly 185. easily record territory. this is more with optimism about trade, earnings an consumer sentiment. housing sentiment numbers, best they have been in couple decades than anything going on with impeachment. while we're on subject of impeachment, senate likely taking up the baton in the new year, assuming house goes ahead to impeach the president of the united states, let's get a read what we look forward to from the
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republican senate finance committee chair, chuck grassley who joins us right now. thank you for coming. >> glad to be with you, neil. neil: what does your gut say how long it could last if it gets to the senate? chuck schumer is demanding witnesses, wants to speak to mick mulvaney, chief of staff, john bolton, a host of others, where do you think this goes? >> i don't think there will be any decision on bringing people in for questioning until after we had the opening statements by the prosecutors coming from the house of representatives and by the president's response to that, his lawyers responding to that. and then at that point, there might be some debate of that. but i think that the idea is not to prolong this, to give a fair trial and reach a decision based upon well thought-out testimony
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for and against the president but not to make it any longer than necessary because the senate has a lot of work to do and, and we want to get to that work. neil: as you know the president seems to be, slightly at odds with mitch mcconnell about how long and involved this should get. obviously mitch mcconnell sharing your views, sir, saying let's wrap it up fairly quickly. the president sees opportunity to get witnesses, himself speaking. you don't think that would be a good idea? >> i think i'm going to leave that to our caucus to decide but if you were asking me i think the fact that they haven't found anything that the constitution says people ought to be impeached for, treason, bribery, high crimes, misdemeanors, in other words unlike nixon and unlike clinton, violating, both instances violating federal law,
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that hasn't been charged against the president. so we ought to listen to what the house says and then get it over as quick as we can. on the other hand, we're not going to rush things either as some people have suggested. we ought to do just dismiss it. that would be the wrong thing to do. neil: you know, there has been concern as well about these trade deals. i know that they matter a great deal to you, whether we're talking usmca, the one we have scored with the mexicans and canadians or the phase one of the china deal, senator. on mexican concern of the trade deal, they don't like idea of u.s. inspectors monitoring them. could be a deal breaker. what do you think of that? >> first of all these people will not be inspectors the way the mexicans think, going to any factory they want to go into. that's not going to happen. they're there to monitor. i think, you know, we don't
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raise questions about employees in our embassy department that are there to help commercial activity in mexico. why would you raise any questions about monitoring labor activities in mexico? and, we're going to have absolute respect for mexican sovereignty, their business relations. we are not going to do anything that violates the usmca. neil: so when mexicans complain about the monitors that they're kind of spying on them, you say they're not. so what are they doing, senator? >> well they're there to make sure that this, well, first of all, let's back up. there was a lot of accommodation made to the democrats and to the unions to make sure that mexico lived by their own labor laws and i would say carrying out those, those compromises that were made at the last minute to get this through the house of
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representatives, that we want to make sure that, that mexico follows that. but it is going to be state to state. it is not going to be the american government interfering in mexican business. so state to state, in other words, government to government, is a way all of these trade arrangements work. it will not be any different for mexico. by the way, mexico sending people up here this very day to talk to lighthizer. when that meeting is over, i'm, i'm convinced in my own mind that mexico's going to be satisfied. neil: all right. if i can switch to the china deal, sir, you get two different interpretations in our country, it was a win for the united states. the chinese are much more quiet about that. obviously emphasizing points they think they scored well on. but do you expect the chinese to honor their agreements? we still don't know even as of now what those agreements are, how much they are going to buy. obviously in farm-related items,
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crucial to your fine state. are you aware of a mechanism in place to make sure they do? >> yeah. and that mechanism is that american business is going to be able to, with problems they have if china is living up to it, they're able to come to us, special trade representative and special trade representative has consultation arrangements with chinese to represent on a government to government basis that problem that american business is having with china not carrying out their promises. let me add something here. it is going to be a little more difficult to measure whether or not they're living up to the arrangements that i just talked about but when it comes to purchase of agricultural products, 40 to $50 billion, in the next two years, we're going
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to be able to quantify it, whether or not they're living up to that. neil: if they're not? >> well if they aren't, then first of all, we can have, under this agreement, we can have tariffs reimposed. even if we didn't have that arrangement in phase one, we can still do it anyway. neil: we'll watch closely. senator, i love this time of year. as much for your red sweaters as anything else. so i wish you a merry christmas, senator. very good catching up with you. >> it's a pretty good merry christmas for the president getting two major trade agreements in one day announced last friday. the president is a real leader and accomplishing what he said he would accomplish during the election. neil: so you should give him a red sweater i take it. probably fitting. senator, always good seeing you. merry christmas. throughout all of this, the boeing stuff, the dow hitting new high. boeing news is stressful for the
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company. cutting or halting 737 max production. that's a big deal. kristina partsinevelos with more from the new york stock exchange. hey, christina. port pot it's a big deal. we'll talk about that in a second. we opened with record highs. we're on a four-day winning streak. look across the board, up 20% just this year for almost all of them. nasdaq up 33%. that is a huge win. some of the major drivers, pretty sum it up into four categories. you got the trade deal you alluded to, usmca, china phase one. you have central banks around the globe injecting liquidity into the market. you have also these pro-growth measures, more specifically in the united states, into the trump administration. last but not least, some guys over here talking about the fear of missing out. keep seeing it go higher and higher especially with the santa claus rally they want to get into the market and because of that you're seeing the tech sector hit an all-time high and several stocks, major stocks that do well with trade.
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that would be caterpillar, 3m, apple also doing quite well with the tech sector and goldman sachs, those are some of the drivers just over the past day or so but, to go back to the point you talked about, boeing, boeing is a very important driver on the dow, given it's weighted. the shares are down today because the company is looking into halting production of its 737 max. i reached out to ask them specifically, do you have a timeline, can you confirm this? they wrote back and i quote this, is a statement coming from them, we might need to consider possible further rate reductions or other options including a temporary shutdown of the max production. you know those planes were involved with two deadly crashes back in april. they cut production by 20%. neil, the last thing i could find one analyst report that came out ever since the news hit the wires, the report came from cfra, they're pointing out boeing is near recertification.
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they think the production cuts will be short-lived. 2020 is around the corner. the faa is looking into it. it is around the corner. they believe after q1 the planes will be back in the air. some optimism. neil: kristina, thank you very much. we have another 12th crash to tell you about, one caused by tesla autopilot system that is apparently the controversy yet again. after this. nothing shines brighter than you. 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.
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neil: more serious than this bullet-proof glass issue, tesla has trouble with the self-driving vehicles. u.s. auto agency looking at possible 12th crash of
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improper use or faulty use. hillary vaughn is here with details. reporter: neil there has been 12 crashes in the past three years that the national highway safety traffic administration is looking into. the last one happened in connecticut where a 2018 tesla model 3 rear-ended a parked police car. tesla autopilot has two features, matches speed of surrounding traffic and auto steer assists steering car within a clearly marked lane. on the tesla side autopilot says that does not mean it is fully autonomous. autopilot and self-driving capability are intended for use with fully attentive driver with their hands on the wheel prepared to take over any moment. while the features are designed to become more cable of a over time the features do not make the vehicle autonomous. autopilot says has been engaged in three different fatal crashes in past three years with tesla
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cars. investigators have not issued reports on 10 out of the 12 tesla crashes they're looking into. we reached out to tesla for comment on the latest investigation. we're still waiting to hear back from them. neil? neil: hillary, thank you very, very much. the issue isn't electric cars per se but the driverless ones that remain all the rage or at least the future as much of the auto industry sees it but is it a future that could be put off? kingsview's scott martin. scott what do you think of this? >> this is interesting case study, neil as hillary pointed out what level of automation do we get from self-driving cars? they have levels zero, from driver everything to five which is automated everything including all conditions and so forth and as hillary pointed out the automation out there is basically still like the driver's there. you have to be ready to take over at any point, which to me takes away the point of automation. you can't sit there, eat the taco bell, not be ready for the
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car to need you. which is one of my favorite things to do is frankly. you get what you get from automation. it need as lot of development to come to value here. neil: of course in your case from the back seat telling your driver to step on it. >> tapping my fingers,. neil: exactly. one thing i'm curious about, people sometimes morph the phenomena electric cars with driverless technology. i believe they do it at their own pile. i was not a big fan of these things. electric thing is without doubt but full rush into them if all automakers swap them out before we had a chance to test them out but driverless thing that is quite another issue here, isn't it? >> it is and something that with the accidents that have been pointed out seem to be still, let's say in a little bit of the back seat when it comes to technological advances. i think another thing to think about, neil, driverless push has been certainly from elon musk
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and tesla, waymo from google, but there are not a lot of other companies really pushing that technology hard. so when you only have a couple players out there really working on this, trying to make it happen, to me that still keeps the technology somewhat behind schedule. so yes, five to 10 years, certainly technology will come way beyond where it is today. but i think demand and such as you mentioned with electric car and other things out there, there are other things in line ahead of technology as far as driverless goes. neil: if i could switch gears to the general market, you're a modest fellow, the fact of the matter after the december let-down year ago you were still bullish be optimistic, still convinced the market had legs in it, that is evidenced in spades since. now you get the reports that maybe hastened by that, or chastened by that a year ago, bank of america says, you know what? we could see a meltup, this buying continues into the friend at the time nick pace into the new year, certainly first
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quarter. where are you on this? >> investors are hastened to chase for certain as you pointed out with kristina earlier. higher prices are we getting higher prices. the fed being on the right track is such a difference maker during the time period last year they were talking about hiking rates and talking about more hikes in 2019 which we got three cuts. the fed is on the right pace. they're quantitatively easing bond market too whether they like to admit it or not and now we have trade deals on the table. to me the market is in a nice place. valuations yes, are getting a little more robust. we're expecting more earnings growth for the s&p 500 next year. that will support price. next pullback, five or 10% pull back which will happen, i would be a big i beer of that. neil: scott, always a pleasure. if we don't chat again, merry christmas my friend. >> see ya. neil: scott martin, meantime indiana is an economic all-star. people say how did that start, to a point where it is such a draw for money.
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million moms, ask channel consider reairing commercials with same-sex couples. widespread backlash geoghan, like ellen degeneres, almost 2020 at hallmark channel. what are you thinking. please explain. we're all ears. now hallmark will put tv ads with same-sex couples back on channel. statement from hallmark cards ceo, the team has been agonizing over this decision as we see the hurt it inintentionally caused. they simply believe this was the wrong decision. we're truly sorry for the hurt and dis.ment all of this has caused. in recent years, guys, many u.s. corporations have thrown in their support for the lgbtq community, mastercard, expedia, tiffany and nike, under armour. back to timing of this controversy. this is the most crucial quarter for hallmark. since 2016 this channel has highest rated, most watched cable network for the fourth quarter among the key demo of women age 25 to 54.
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we'll see how the controversy plays out. maybe everybody goes back to building gingerbread houses going to the christmas market, having snowball fights after today. we'll see how it plays out. neil: there is that. cheryl, thank you very, very much. cheryl casone. already a democrat switching parties over the fallout from impeachment but right now they're falling hard and heavy on him after this. each day our planet awakens with signs of opportunity.
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neil: boy, this did not take long. did you hear joe biden is already fund-raising off of congressman jeff van drew's expect the party switch in new jersey, saying the best way to beat him, give i'm a well-funded opponent. democratic fund-raiser don peoples on this fund-raising pitch, out of many changes we're seeing out of prominent presidential candidates and others as well. this guy wants to switch. he is kind of in a no-win situation. he would have a tough time getting even nominated again we're told but in a district that the president won, this was his only recourse. what do you think? >> i think he made a political decision based on the political backdrop. the democrat are making it very
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hard for centrist democrats or democrats recently been elected from districts that trump won by pressing impeachment agenda. i think that is a big challenge. so i'm surprised more democrats are not swapping out to republican. neil: this guy says they're making example of them. don't you ever consider, you other 30 came and won in districts that president won in before, even contemplating this. >> yeah. i think they're trying to make an example out of him. i think, it should cause democrats to pause. i think that the trajectory of this impeachment process as opposed to saying we've got this booming economy, how do we make it so that more people are included in it? how do we use a growing economy to close the wealth gap and income gap? instead they are focused entirely on trying to stop trump, making him unelectable. he is helping them quite a bit to do that. but, i don't think that this impeachment process is going to help him. neil: assuming the president with all of that is still
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impeached in the house, don, the president has been saying, you know, go after me, you impeach all the good times, the markets everything else. that is one of the clarion calls he has been waging. what do you make of that? >> as the economy goes, generally so does politics. normally a president gets defeated or reelected or a new candidate comes in from another party based on economy. clinton would not have come in if the economy wasn't struggling under bush and he had ross perot. it took those two things into office. barack obama would not have been president if not for financial crises under george bush, the country wanting something different to switch parties. trump is getting benefit of an amazing economy, i think started by obama. trump has been smart enough to build on that progress. what should be happening democrats should say how do we get more people involved in the rising tide. neil: president obama says, moderate your tone.
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don't scare people off. i'm kind of paraphrasing, but his message is one of alarm what's happening now. >> look. you have elizabeth warren talking about dismantling health care for 92% of the country just to help 8%, instead of focusing to help the 8%. she is creating environment of class warfare. that we're success in this country is negative as opposed to a positive. and then, you have bernie sanders, all the way over to the left as well, going to democratic socialism. so somewhere there needs to be a moderate candidate. that is what joe biden has been offering. he needs to stick to the gameplan. neil: say what you will of him, he always leads in these polls, or is doing fairly well, with all the flubs and everything else, what do you think of that? >> i think a combination of things. joe biden is a very decent human being. he is a likeable person. he has got tremendous experience in politics. on the flipside, you have got some very strange candidates way off to the left, it would be irresponsible for people to vote for. so he is getting the benefit of
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that. i think that combination of two will keep him there as long as he continues to be who he is. neil: you know what i wonder about, don? the least of candidates in this case wants to raise taxes a lot. of all the plans out there, among, they all want to raise tax revenues, substantially. the least is joe biden but still close to 3 1/2 trillion dollars 10 years, upping corporate rate not necessarily old rate of 35%, 21 to 28%. taxing capital gains as income. if that is the tax friendliest of the candidates, wouldn't the president have a field day with that? >> i think he will have a bit of fun going against him on this issue. i think democrats, i hope this happens through this primary season, and into the convention they need to start thinking about how and what income is taxed. capital gains on dividend income is one thing. capital gains where people create huge amounts of wealth
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and not creating jobs is another. neil: democratic party is hating rich people. >> that is bigger danger. not just hating rich people. seems like there is this idea if you are successful it is a bad thing. warren and buttigieg are attacking each other based on having jobs in the private sector. i mean the whole concept was, you do well in this country in the private sector, you give some of your time back to the public sector serving in office like mike bloomberg did. that's a good thing. neil: i was even thinking of someone luminary in the party, decades after his death, john kennedy. came from a lot of money. one of the richest pham is in america. he could not survive this nomination battle. >> chances are he could not kept except he never worked in private sector. not worked in the private sector in theory would get a little bit of a pass much the way the democrats are operating, if you like your politics you can pretty much do whatever you want. if they don't like your politics
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they will nitpick you debt. that is where we're having issues here. people are looking at biden this is our best choice for a centrist. neil: he will get a good deal of money and attention as time goes forward here. but there is the possibility of four different people, catching four different states in the early going. increasingly likelihood we get to first ballot without someone securing it on the first ballot, right? >> yes. i think that we have to see how effective mike bloomberg is. mike bloomberg has infinite amount of money. he has talented people around him. top pollsters like doug schoen and others he spent $50 million. he is at 5%. he will move more. as the other candidates continue to come up with these kind of bizarre approaches and these anti-wealth, anti-successful approaches, i think centrist like bloomberg will be more attractive. the, that is the danger -- neil: wall street would like
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bloomberg. if they lose the president, red or blue, they like green. they made a lot of money under this president, if it were to happen they could deal with bloomberg. >> they could deal with bloomberg, deal with biden and cory booker, surprisely not gotten more traction. deal with deval patrick. someone pro-business and socially progressive. that is where the country by and large is. neil: don peebles thank you very much. new footage about the patriots. i already warned but the patriots, my friend. they are great but they cheat.
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neil: accusing federal prosecutors of withholding key evidence that would clear them at their upcoming trial. molly line with the latest on that. hey, molly. reporter: neil, these new documents filed by lawyers for lori loughlin and her husband
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give us new insights into their defense strategy. they argue that the government is concealing evidence. they're calling on the court to inter screen and force the government to cough up information including fbi reports and details regarding what the mastermind of the scheme, william rick singer told his clients regarding payments made to the university of southern california. loughlin and and want to know what usc new about singer's operation. both of their daughters attended the school and the scandal broke and prosecutors accuse the couple paying half a million dollars in bribes, cheating to gain admission for the girls as crew team in motion filed late last week, lawyers for loughlin and gee newly complained quote, that the government apparently is concealing exculpatory evidence that the defendants thought the payments would go to usc itself for university legitimate purposes or other charitable causes. so far 14 defendants have been sentenced.
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one coach, 13 parents, after all entering guilty pleas. they faced a range of sentences, no prison, home confinement to six months in prison. loughlin, and gianulli defendants have not pled guilty if they if to trial that is slated to happen in the spring. neil. neil: from college cheating, to those cheating patriots, fox sports airing exclusive footage of the patriots filming the bengals sideline last week. take a look. >> now see the advance scout in this footage? >> no that is not. we were getting field perspective. trying to find that. >> why you were thinking you could take that? >> i did not. i did not. neil: yeah. cheating. co-host of forbes sports money, and much more. what do you think? >> this is real bad, neil, considering you to back to 2007
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where they were caught spying on the new york jets, paid a big fine. team and head coach bill belichick, they also lost a draft pick. i think commissioner roger goodell will take that into account when he reviews this and considers what penalties to pass. neil: what do they do, when they're filming either an opponent, future opponent or whatever? they have done this before and again and again to your point, do you glean some intelligence on what they're planning what the gameplan, what? >> strategy, signs. are there clues personnel, who is coming in at certain situations, who is going out. look, i think many teams try to get any advantage they can. neil: how do other teams do this? are they in the stands, sort of, if you filmed it like anyone else, would that be a no-no? >> i think technology has had a lot of to do with it recently too. when you go back 20 years ago you don't have the tech you do today. two years ago, bob mack do coach of giants, was caught using
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walkie-talkie in inappropriate way. he was fined. the giants lost a draft pick. major league baseball, world champion astros are being investigated by major league baseball for stealing signs. sometimes not to elaborate. they were banging garbage can liz to let batters know what is coming. neil: not just looking at highlight reels of your future opponent, this is going another level and using technology to get stuff that in the past may be cuts or others look at or watch closely from the stands? >> as opposed to reviewing game film during the week. now they're trying to get tendencies. with technology it has gotten so elaborate, coaches trying to give signal to the coach or quarterback, they have the gameplan in front of their mouth. managers in baseball talk to pitchers, gotten so absurd at this point. with technology they feel like any advantage another team will try to get. neil: patriots for all the controversies and everything else they're a very good team.
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they don't have to be doing this nonsense, do they? >> no. look, sometimes some of the things they have been alleged for cheating i think is a little ridiculous. the last time was "deflategate" with the footballs in 2015. you go back to the game. in the second half where there was no deflated football they blew the colts out at that point. neil: don't let facts get in the way of this. >> i had my giants beat them twice. neil: you mentioned the giants and eli manning that he played his last game or he is done after this year. last couple games he played he played pretty well. i'm wondering whether there is still a future for him? he is not that old. he is not that washed up? >> he can still play at very, very high level. the question is, what team will he fit in with? from his perspective he would want to go to the team where the quarterback is sort of the missing piece. maybe a team like the denver
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broncos. he doesn't want to go to a really bad team where he would be a player to improve it a little bit. maybe the guy to -- neil: i check in with the washington redskins. >> i think that's team needs a lot of people. neil: in other words, he is expensive piece of merchandise. how do other teams deal with that? >> expensive merchandise is exactly the right way to look at it, because you have a salary cap in the nfl. so he is a guy you bring in, looking one year, maybe two years, because beyond that you don't want to put a lot of money out that will keep you from bringing in other good players. neil: while i've got you, is it your sense that the way the playoffs are structured, i was notices like in the nfc east, philadelphia eagles and dallas cowboys, topped of the division tied at 7-7. i would have a better record. how do they have the right to
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continue playing football? >> only way you get out of that, as you point out the division winners automatically get into the playoff, that you get all the teams from best to worse. from nfl's perspective doing it way they do it keeps viewers watching game. neil: i will get a lot of angry dallas -- seems so weird, whoever doesn't make it in that, with the same record, they're like, five or six other teams with much better records who would? >> you're absolutely right. turns the super bowl, the quest for a super bowl into a tournament who is hot at the right time. you have had teams. neil: that's fine. >> you had teams in the past who didn't have freight regular seasons of the they get hot near the end, go on to win super bowl. neil: predict the winner of the super bowl right now. >> i will go with the san francisco 49ers. i think they will win it all. neil: you do? >> i do. i think they play the ravens and beat the ravens.
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neil: i was impressed with everything you said prior to that listen my friend. you're the best. this guy is sports encyclopedia. carries me along in these segments. package thefts are on the rise during the holidays. not just new england patriot fans doing it. we'll toll you what you can do after this. or how 'bout this dinosaur right here? nope! then why are you still using a laser printer? it's got expensive toner cartridges. but this... is the epson ecotank color printer. no more expensive cartridges! big ink tanks. lots of ink. if you don't think this printer's right for you, just pick up your phone... (chuckling) ...and give me a call. the epson ecotank. just fill and chill. available at... ♪ ( ♪ ) the marilyn monroe collection of fine jewellery.
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neil: got an ainge email from a new england patriot fan. patriots fans are not responsible for most of the front door thefts of packages. i didn't say that. i said all of the thefts of -- just trying to get you ticked off. anyway package theft is indeed serious problem around the holidays. one state is making it a serious
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crime. stealing packages is felony, for example in michigan. we have kat timpf here. american institute for economic research president edward strand on whether this should result in jail time. what do you think? >> honestly, you think at first, kids stealing packages. you really think about it, i actually think among thieves, these are probably the most hardened criminals of the thieves because when you're stealing a package, think about it, most of the time you don't even know what is in the box. what is this? i don't know. you're stealing for the sake of stealing? there could be anything in there. most of them are amazon. it doesn't say on the box where it comes from. bezos rules the world. so that is where most packages are coming from. you have no idea what you're stealing. neil: it is weird. >> little johnny's christmas toy he will cry over. that is the lowest. >> yeah. tom brady himself. neil: tom. people are saying, it is not tom
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brady! this is out of control. especially now a lot of homes have the cameras set up, they know in a lot of cases, yeah, will wait for the camera to do it. >> that is interesting thing. arrest rate for thefts is very low. it is less than 10% in probably every city. people interest v to figure out, what are the alternatives? there is lots of these moves towards private security to monitor things. neil: they have the neighborhood watch programs, used to be their key duty was look out for each other's kids, now it is packages this is interesting while you're here, costco obviously a lot of people shop there, there are half a dozen crazy items, ranging from a 72-pound wheel of cheese, that would be a home run for me, to a 6,000-dollar doomsday kit, apparently if you had too much of processed cheese. having said that your thought on that. what do you think? >> amazing how much we have. when i look at the list of
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these, i think they're the most goofy products in the world. i think if there is doomsday, there will be a lot more than we need than this -- neil: apparently costco has a lot of them. that is nice to know. >> i like the idea of a 72-pound wheel of parmesan cheese. i love parmesan cheese. all pasta is vehicle for parmesan cheese. parm cheese, we're on a nickname basis. neil: that is addition to your house. >> i could go through that. >> all cheese wedding cake they're selling. when will things stop. >> when will cheese stop? hopefully never. neil: i don't know if you saw this, this is woman who doesn't strike me as someone eat as lot of cheese. vanna white, she just finished hosting "wheel of fortune." apparently fans were flipping over it. she did a great job. pat sajak had surgery. she did all right. boy, she really started quite swell of support.
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>> she should get the chance to do this. basically, put it on paper. who has a better resume' to fill in on "wheel of fortune" than the woman been there the whole time. she films upwards of 7,000 episodes at this point. that, i never done 7,000 of anything. nobody has the kind of experience that she has for "wheel of fortune." she deserves it. she did a great job. neil: apparently very fast on her feet. that is harder than it looks. >> yeah. she is an icon to be there day after day. i once ran into her at the new york stock exchange. i was like, vanna white. >> i'm sure she gets it all the time. >> i didn't say anything because i didn't know it was her at the time, she looks famous, but who is this lady at new york stock exchange. neil:obviously you know, she has a lock on that job if she wants it. >> absolutely. i have to wear heels on the network obviously. i get to set down in them.
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i don't know how she runs around in the shoes. i look like a baby bird. neil: she looks like she has been miniaturized. someone told me, no they don't miniaturize her. she walks around with the letters, see her below the screen. did you know that? >> they have outsized letters. that is what they have done. >> she is normal height, but should show it, this is tough enough. i would, oh, my god, what letter do i turn, but times to get everything on the screen, including the, this is boring people. >> all new to me. i'm sorry, neil. neil: only patriots fans know what i'm talking about. i wanted to get you guys thoughts real quickly on impeachment, the coverage part. the pressure is on the senate to be fair. i didn't notice a lot of pressure on the house to be fair. look, i understand how this works. but now we're hearing the president wants a very drawn-out, i want to hear from witnesses, and senate saying,
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no, no, we'll be boom, done, in matter of couple of weeks. what do you think? >> the president will not be impeached in the senate. don't see that happening at all. that is why this whole process i think a lot has been, it is politically motivated impeachment. always has been. neil: but it will not go anywhere? >> so obviously political. the average american just doesn't care, i'm sorry. people are looking at things like the economy. neil: they have to do something different than in the senate than they did, maybe they do like a spelling thing with vanna white, just spell, i don't know if it will be the same kind of appeal for it in the senate? >> most people care about economics. it's the economy. we have tax cuts. neil: e-c-o -- what do you think? >> we've seen the transcript. people are speaking emotionally a lot of time. they're not speaking on the facts. neil: they find the whole process jaded. millenials other surveys, people are turned off on both sides.
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>> there is not new bombshells coming out of hearings. not like each individual witness has individual perspective. there is one of two perspectives. it's a witch-hunt, we'll destroy the country if we don't impeach the president. there is no nuance. neil: no middle ground. what do you think of the new jersey congressman? >> there is dirty business in politics. i just found that out for the first time. >> politics, never. neil: last time with vanna white at new york stock exchange, more getting outside. you're fine. guys, we'll see they're taking up matter of days after the holidays, assuming the house does impeach the president of the united states. the fact is, i think tech got it right, it is going nowhere fast. we kind of know that. but it is what it is. dow up 166 points. well-into record territory. if not for boeing we would be up close to double that. not close to double but darn near double. but boeing is indicating with the 737 max, it isn't flying
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neil: all right, market is starting to have record highs across-the-board all three major averages and a lot of it has everything to do with trade and earnings, consumer sentiment, retail sales look strong, even some surprisingly up beat news on the housing front and then chuck grassley telling me that a long impeachment trial wouldn't be in the interest of anyone. take a look. what does your gut say on how long it could last if it gets to the senate, sir? >> the idea is not to prolong
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this, to give a fair trial, and reach a decision based upon well thought out testimony for and against the president, but not make it any longer than necessary, because the senate has a lot of work to do. neil: all right, chuck grassley 's way of saying the shorter the better for me and maybe a lot of my republican colleagues to chad pergram on how that all sort of fans out from here. what do you think, chad? >> reporter: well this could be the week that broke congress if you consider just how much they have to do some time in the early afternoon we expect to get the text of the spending bills that they have to pass to fund the government through friday, or before friday, this would fund the government for the rest of the fiscal year, through next september. we still don't have the parameters of that. that needs to come soon so they can move that through the house of representatives and fund government tomorrow and then get on to impeachment and then get on to the usmca at the end of
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the week. they would move the appropriations bills into mini buses, not a big omnibus, where they would split up the two spending bills into two sections and put that on the floor into tuesday in the house and go to the senate wednesday or thursday just so long as they can get government funded before the 11: 59:59 p.m. deadline on friday now, tomorrow, they considered the usmca in the house ways and means committee. this is a markup session where they actually finalize the language and then they put that on the house floor probably thursday, and mitch mcconnell, the senate majority leader say they will not take-up the usmca until probably after the senate trial some time in january or perhaps even february. now the wildcard here is how long they spend, maybe wednesday or even thursday, on impeachment i just spoke to jim mcgovern the chairman of the house rules committee. tomorrow at 11:00 the rules committee begins debate onset ting the ground rules and the parameters of debate on
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impeachment and we don't think that this will go through thursday. i asked mcgovern a few minutes ago if it will go to thursday and he hopes not but they don't know whether or not they will spend how much time they will split up the two articles of impeachment into two separate debates on the house floor, or whether it will just be a big long one, back in 1998-1999, 283 members of the house participat ed in the debate on the articles of impeachment with president clinton. this is not just your standard hour of debate you want on the house. this is impeachment will take a long time because of the gravity of the situation, but we don't yet know what that debate will look like, they will determine that tomorrow at 11:00 so this is week quite a week on capitol hill. neil it would be big enough if you were doing impeachment in one week but the level of difficulty here by throwing in the usmca and the need to fund the federal government as well, i mean, this is quite a week. i don't know that i've seen one like this in my 26 years of covering congress, back to you. neil: now, i know with a couple
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of people out when it comes to that impeachment road, how many votes do you need? >> well right now, the house is at 431 members, so technically the number is 216. now, dunkin' hunter jr. is a republican congressman from california and he's been convicted of a crime and he has been advised by the house ethics committee not to vote, so okay, maybe that takes it down to 430 so you'd still be at 216 if hunter doesn't vote and there are 233 members of the democratic caucus, as of right now, we still don't have any formal notification from jeff van drew, the congressman from new jersey who is supposed to switch parties, so if you go at those numbers in the 233 house democrats they can lose 17 and that would include van drew, right now, if he doesn't switch parties, so you kind of have this algebra here but this morning, a freshman democrat from michigan, she came out and said she would vote for both articles of impeachment. she represents a swing district.
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you have jason crow, a freshman democrat from colorado another swing district, switched it from red to blue and he said he would vote yes so it's trending in that direction to some of the freshman will in fact vote yes, neil. neil: thank you very much in the meantime the president has the back drop for the strong market, the strong economy, they would be foolish to put that at risk, we got bill mcgurn with the wall street editorial board and phenomenon writer by the way, and last but certainly not least , management ceo, rebecca walter. you know, when i look at that and you and i chatted before, the back drop for republicans and this president has been, this impeachment is a waste of time, the economy is firing on all cylinders so are the markets you want to impeach that? everything gets impeached what do you think? >> i think so and i think that americans are really seeing through this and really hitting
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their pocket books and do they feel better than they did four years ago and if you look at the markets where the dow was, s&p, nasdac, you've just gained so much and now, 10,000 actually is a 10,000 point gain, today we hit a 10,000 growth in the dow, so people -- neil: since the president's election. >> since 2016, and it is such a grey area. and it's unusual where we have an election in the same year where the impeachment is taking place but it's just all of these things together are making the whole picture not very black and white as a lawyer, we need a black and white impeachment, it doesn't need to be grey. neil: now, going forward with this, the president wants a longer process in the senate, so we can, he wants to have the bidens up there. mitch mcconnell apparently telling him no, the shorter the better, grassley kind of echoing that, what do you think? >> well look, i understand first of all he's playing a public relations game, right? bring it on, you know, you want to talk about me we'll talk
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about hunter biden and some uncomfortable questions here. look, i don't believe it's in any president's interest to be impeached even if they come out stronger just because they are wildcards. i was telling you before, i have a wife and three daughters very supportive of me. i wouldn't want them to be testifying for me. i don't know what they would say of that. neil: actually i did talk to them. >> [laughter] and so i don't think it's, i think also short and dismissive is a way for the republican senate to show this goldberg operation that you had in the house to get this impeachment, we just don't think much but look the second article of impeachment that's an abuse of power by congress. the idea that a president can't go to the court to defend his privileges that's insane. neil: you know, john, to the new york times, as the battleground states, where their economic picture isn't as robust as it was.
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it was more robust than it was certainly from his election is better than things were, but he's off some of the highs so in places like ohio and michigan and pennsylvania and some of these, wisconsin, there's is on and it's not that black and white for the president. forget about support or lack thereof for impeachment but the economic one isn't as rosie as it was a little more than a year ago. >> it could very well improve in 2020. there is a model that tends to predict whose going to win the presidential election based on economic performance and last time they ran this model, they had trump winning by a wide margin, so i would think that going forward, -- neil: if that model had gone from winning last time around? >> oh, the last time around, excuse me, clinton was going to win. the last time they ran the model recently in the past couple of months, a month or so they had trump winning. neil: but it's not a model you
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can rely on. >> well it was. neil: i'm kidding. >> [laughter] neil: and the economy should be going in the presidents favor. one of the things that you asked a lot of these battleground states separately, politically a lot aren't keen on the impeachment thing, dragging on and on but that battle means that even though democrats at the moment, they won the popular vote, he won the electoral vote, candidates are going to be sitting and parked in those battleground states aren't they? >> that's right the battleground states will be more important than ever, which is hard to believe that neil, this is just a question of, i saw some news this morning with a lot of people saying oh, these democrats can vote for impeachment and it'll be so forgotten by the time we get to an election and i think that's exactly the opposite. i think you'll have so much more poured in by saying you run as a moderate, you run as supportive and being bipartisan. and people are not going to be able to forget because there is so much emphasis on what they did, how can you be bipartisan
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if this is how you voted? neil: i wonder, canada has been the focus wanting to switch parties and that as much a signal to send to other democrat s who might entertain or go so far as to not vote? >> look i think rebecca is right. first of all those ads are already happening, there is republicans putting this out there. look if you step back and you say, i mean, again i don't think impeachment is good for any president, but i think we've got a trade deal because of impeachment, because mrs. pelosi was under pressure to do she could do something else. neil: it's just odd. >> in the week that a president is going to be impeached he gets a big trade deal and government funding, so, and nancy pelosi and adam schiff to have done something that donald trump couldn't do, mitch mcconnell couldn't do, paul ryan couldn't do, they've united the republican party and let's face it when they vote the only question is how many there's not going to be no republicans voting for impeachment, and the
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question is how many democrats deflect? neil: but he mentions something really interesting. it's not about what it means for getting stuff donald ironically even though it was thought to put the parties in a lock and nothing else gets done, because of that it pressures nancy pelosi to get something done on this u.s. , mexico, canada and separately for the president to goose this china thing in the middle of it all so you could make an argument like you did that in a weird way its pushed this progress. >> and i think that's weird. there's a lot of uncertainty on what's happening over the trade front, whether we should locate plants in the united states or elsewhere and those uncertainties are going away that should lend a boost to capital spending, and at the same time, that should also help maintain a reasonably good rate of growth for payrolls. neil: all right, i want to thank you all very very much in the meantime yet another family is targeted by this amazon ring hacker. kind of freaks you out but its happened again, after this. (chime)
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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. neil: all right, imagine the dow today if not enduring a key member like boeing down better than $13 a share those shares are down yet again as the thing around the 737 max escalates and reports that it could be idle for a while. some even saying maybe permanent ly. fox news correspondent mike tobi n with the latest. >> reporter: the board from boeing is meeting here in chicago discussing pausing production or rolling back production of this troubled 737 max jet. now, back in july, boeing indicated that a temporary shutdown or a reduction of the production rate of a jet was a possibility.
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this as the air space giant struggles to win approval of federal and global safety regulators. a current statement from boeing says we will continue to assess production decisions based on the timing and conditions of a return to service which will be based on regulatory approval. the 737 max jets were grounded after two fatal crashes in 2018 and a jet was crashed in march. what came to light and transportation committee hearing over the past week was an analysis after the first crash, before the second crash, that concluded another 15 of those jets could go down. yet the 737 max jets were not rounded until the second crash. >> what it's indicating to us is essentially over the life, over about a 45-year period, that we would have an unacceptable level of risk so we need to take action. >> reporter: in november boeing predicted the airworthiness directive could come in december and the wall street journal reports a safety certification to put that 737 max jet back in
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the air could be pushed back into february. that creates a real difficulty for boeing which has continued production of the jets to prevent lay off and to prevent harm to the 600-plus companies part of the supply chain, but boeing can't deliver the planes until they get that safety approval and therefore they can't get paid. neil? neil: all right, buddy thank you very much. >> you got it. neil: in chicago and all that meanwhile pilot and aviation analyst back with me so this could get to be quite the problem for boeing down the road here, especially if it's a long time if ever before these planes fly again. do you see that possibly happening, the 737 max never gets a chance again? >> it will eventually get a chance. the problem here is that the mca t system is very complex and overcoming aerodynamic forces. it's counteracting forces to make it similar to the old generation airplanes, and it's not an easy task to correct that and obviously if the faa keeps on pushing this back, in the certification they are obviously , it's probably
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apparent they are fighting stuff they don't like or needs further correction, so i think it eventually will fly. just a matter of when. neil: i'm sorry, so if you know a lot of carriers are reluctant to be the first, sure, obviously we'll have to be the faa to decide that, but whose going to be the brave man first? >> well in my opinion they are all going to fly it. once it gets the green light -- neil: if that is granted by the faa? >> yes and then the airlines i'm sure will do some of their own internal testing. neil: but there won't be any extra precautions, because it's criticizing the max's debut and the world scene? >> exactly and i think right now they have been extra cautious in scrutinizing of the airplane that's why it's taking so long. they are crossing all their t's and dotting their i's and that's what we are seeing but eventually the airplane will fly and when the green light is given they all will fly the airplane but there will be statistics, data taken by the airlines interpreting cancellation rates passengers
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with tickets who don't want to fly on the airplane. neil: any passenger is going to start with is this a max, right? >> yeah that's the biggest obstacle and unlike anything we've seen in the past we don't know how the passengers react to this. neil: how did they react back in the 70s? remember when we had an odd numbered dc-10 crashes? i was a kid i don't remember the details, but several of them in short order, and a lot of people were saying at the time well, you know, this particular model is a problem and obviously they overcame that, i don't know for how long, but this has a stigma in a world that can't be shaken. >> well social media is the key and in the 60s you hear it on the national news for a half hour a couple days and everybody moves on and flies again and now it's in everybody's mind, so it really will be interesting to see how the general public react s. neil: oh, they will because as you were reminding me using a mercedes model analogy, this fix requires not only engineers to
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fix something but for the pilots to make sure that they can work with that new something, right? >> yeah, well the system is overcoming some aerodynamics to make it similar to the previous generation of airplanes like the 400, 500, 600 series airplanes and it's counteracting something so i'm not an engineer. if this was my airplane and i was going to buy it i would say why does this system need to be on there in the first place on $120 million airplane? shouldn't it have the same flying characteristics of the phenomenal airplanes you've made previously? neil: do the extra homework and all of that. it's a downer to a lot of them. >> yes, so that would be my question. neil: and then getting crews, pilots to want to fly them. >> well the bottom line is they will fly them. neil: okay. >> the plane will be flying once it gets the green light. the key is how do passengers perceive it and do they want to fly on it but we'll just have to wait and see to find out. neil: do you think it could be years? >> i don't think it will be
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years. my gut feeling here, it probably will be about six months before it flies again. neil: okay. >> give it another six months everything should cool off and hopefully it will be news of the past, and boeing will be back to making lots of money and selling a lot of airplanes. neil: we shall see. aviation analyst, and he speaks in english so even a dummy like me can understand it. meanwhile you don't have to be a dummy to appreciate this. netflix, as a stock, over the last decade, one of the top performing names out there, if you had bought this, let's say about a decade ago, you would have made close to 3,726%. of course you would, right? after this. peyton, what are we doing here? brad, welcome to peytonville. what's this for? song inspiration. i started in my garage, but nationwide protects so much i had to expand. nationwide helps protect
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neil: all right, elizabeth warren is having a devil of the time in the polls late lick that you know that uk election shows the challenges of meeting
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president trump, they might have to rely on someone who isn't to the left of super left. this slide, joe biden, seems to be holding steady, let's go to the women's foreign director policy, hadley heath manning, you know, say what they will with joe biden and some of the comments and biting his wife's finger and all that, he holds on he hangs on and it maybe, maybe, when push comes to shove a lot of democrats say all right, maybe he's our best hope. what's going on here? >> he's always been the biggest figure in that center left lane. he doesn't seem to have a lot of competition there, because we seen a lot of democrats running to the left of joe biden, and grappling for that far left position, so they are having an inter-party struggle but of course as we get closer and closer to the general election next november and it's coming at us fast, people from both parties, whether they are running for president or for congress, will make that shift to the middle to try to appeal to those swing voters in their district and of course, joe biden will be no different right
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now, i think he's trying to position himself as someone who can be a uniter for democrats and unite them against president trump. neil: you know, it's interesting that he is considered the most moderate in the bunch, and i get that because some of them are pretty extreme, but he still wants to raise taxes a lot over the next 10 years i think about $3.5 trillion dramatically less than say bernie sanders or elizabeth warren, but you know, that would still take the corporate rate from 21% to 28% and it would redo the top rate and push it back up to close to 40% and it would have a lot of effects that a lot of americans might be surprised with and i'm wondering what's taylor made for republicans will say at the very least, the least of these guys is going to hide taxes, how does that play out? >> oh, the economy is certainly something in president trump's corner heading into an election year especially as we saw in the last jobs report, the labor market continues to tighten, americans are feeling more confident than ever in recent years, when it comes to their
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consumer spending, we're having a great holiday season so americans are optimistic about the economy and if the economy holds strong through november of next year that's something very difficult for democrats to run against and in terms of other policy matters, first of all impeachment looming so large, and it has had the predictable polarizing effect on our politic s, it's upsetting i think to many voters in the middle to see people run to the corners and run to their extremes and look across the pond at the uk election, there's another example of when one party goes too far, they overplay their hand and the results are bad for them, so i think democrats are heating this one when they support joe biden. neil: you know i caught the times examination of how the country is doing with this economic recovery in the battleground states the six or seven the president won largely last time they are doing much better than when he was elected but not doing as well as they were about 18-24 months ago and so the argument goes something like it's how you live now, how
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you see things now an the argument was that they are going to be tough space for the president to win again. what did you think of that? >> oh, i think absolutely. when it comes to economic data just like anything else there is 100 different ways to slice it, democrats are going to with their best talking point and republicans are going to do the same and ultimately it's about two different visions not just for our economy but for our society and for our government that will be very, you know, very sharp contrast next year in november of 2020 and people just have to decide, when it comes to these issues we saw healthcare the number one issue in 2018 is going to remain the number one issue in 2020 so republicans have to present their very contrasting vision from medicare for all, something i believe voters are souring on, but people want to know, what are you going to do next? it's certainly one thing to look back at the progress we've made so far in the last several years , and contrast the obama administration and the trump adminitration, but those things are sort of backwards looking and americans are going to be forward b looking saying what
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happens next? neil: all right thank you very much, hadley, good seeing you again. in case you didn't hear they have a survey out of what states are the most inviting to do business or joining this economy better than others. indiana is premier on that list. a lot of people look at the present setup there to give credit. i look to this guy, the former governor, who set in motion, an economic jugger not that continues to this day. he doesn't yell or scream or brag or rip anyone. he just does. what he's doing now, after this. so what are you working on? >>i'm searching for info on options trading, and look, it feels like i'm just wasting time. wasted time is wasted opportunity.
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neil: probably caught these mall santas fighting over who has the best state as far as economic vision. we know the winner and we'll tell you that in just a second. okay, but in the meantime, we start right now with indiana and the attention that that is getting, mall santas fighting or not just the economic environment, lauren simonetti here with the details. lauren: what's indiana doing so right, manufacturing baby. they exported a record $39 billion of made in the usa goods last year. i know you're thinking corn, but chemicals, and transportation equipment, all this adding up, that is holding unemployment rate down to 3.2%, perspective the lowest in the midwest. indiana also brought its corporate income tax rate, it
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was once the sixth highest in the nation, to one of the lowest by the year 2021 it will be 4.9% >> we've eliminated our business inventory tax, our inheritance tax, and we cut our corporate and income taxes, we stabilize our property tax system, and we've made indiana a right to work state. lauren: i want to pick up on that in 2012 indiana became the first right to work state in the midwest. that helped bring in over $5 billion of investments tied to over 8,000 jobs. now, some of those jobs are indeed low paying and the minimum wage in indiana is 7.25 an hour and indiana's median household income of about $60,000 a bit lower than the national average here is the thing. this state is able to draw business with affordable wages and those lower taxes. they can keep their residents, they've got a flat state income tax of 3.23%, and they help their families and farmers keep
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the fruits of their labor by removing estate and inheritance taxes while still maintaining, neil, get this a budget surplus. not bad. neil: not bad at all thank you lauren, very very much. i mentioned this leading into this segment earlier, not the fighting santas but the guy responsible for it, i think you can go back to a lot of key players but it didn't hurt the fact from 2005-2013 mitch daniel s was running that state the former omb director and president bush surfing, much much more he knew something called math, money in and money out and how to treat a state and look at a state for business opportunities, focusing on just that. he has extended that right now to the educational system in that fine state of purdue university, and the man who gets very few accolades when it comes to this sort of stuff, without pointing fingers just doing the former republican governor of indiana mitch daniel. governor good to have you.
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>> thanks for having me, neil. neil: i wasn't blowing you smoke there about having researched a good deal of what you did and offered and what you provided for the state did lay the ground work for a lot of the things we're seeing now and i think could provide the blueprint for governors, for states, for the nation going forward to sort of watch your pennys and dollars will look after themselves but it's more than that. what do you think has made indiana this draw for capital? >> i don't think it's a mystery it was a nice trip down memory lane to hear about those actions that we took that your reporter accurately related. our group, when we came to the responsibility in 2005 said our central objective was to raise the disposable income of hoosier s and that started with building i always said the best sandbox in america, so yes, lower taxes, fiscal stability, so people know they won't see those taxes raised abruptly in the future, it means regulation
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which can be rigourous, but is consistent and is quick, and often overlooked feature, amid infrastructure, we're rated the number one infrastructure in the country too because we recognize that the great roads and broadband and so forth is the backbone of a great economy, so those are the essentials, and it's not the work of one year or even eight but indiana did rise to the top four or five by about 2010, has stayed there, and credit to my successors for preserving and expanding a record which just basically says we'll do everything we can here to make it affordable and wise, to come and invest in and hire hoosiers. neil: but what you said at the outset was the key to what you did. you gave people assurances. they always say wall street needs some certainty. well i know and i grant that life does not give you that, but
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something more than a quarter by quarter fixation on how things are going. that's the way washington works today, a lot of state capitols work today. you offered assurance that tax rates would stay low and stay that way for a while and you extended that since you took over at purdue and freezed tuition to provide opportunities for kids and parents planning and the kind of assurances that would insight more activity and that's exactly what you bet on and what you got, right? >> like to think so, and you're quite right that some degree of certainty and confidence matters to business a lot matters in every household, and so whether it was setting up a system which gave people confidence that their taxes were not going to raise, that they weren't suddenly going to be socked with some arbitrary regulatory cost, that we had a litigation climate where they wouldn't be, again,
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startled by some sort of unfair lawsuit out of the blue, and here at purdue, yes, we have done all we can, we held tuition constant now, for going on eight years. neil: how have you done that? that's unfathomable. >> well, not to us. we simply, i sometimes say it's a matter of what you prioritize. i'll say we solved the equation for zero. we decided that holding the cost of higher education down was the single-most important thing we could do. we wouldn't do it at the expense of investment and faculty and facilities. we wouldn't do it by raiding the cookie jar that is the reserves of our university which have grown every year, but we would try to concentrate everybody's efforts on steps large or small, that might save a nickel here and there, and neil the other thing is, there's a business parallel here too.
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in so doing we've attracted every year, record numbers of applications and a growing student body so that is to say our revenues have risen even though our prices have not. neil: a reminder for uncle sam, i don't want to put words in your mouth but you can practice this on a national basis as well >> i wish someone would remind them. it doesn't seem to be of interest in either party right now, and frankly, one of my greatest apprehensions for the fabulous young people on the purdue campus and all their counterparts elsewhere is that here in not that many years, we will face an economic and fiscal crunch not of their making but for which they will get handed the bill and that'll be a very unfair thing if we let it happen neil: governor thank you very very much. i wasn't blowing your smoke to say you are among the most consequential figures of our time. government and politics, because you treated your constituents like adults just like you treat your students and faculty
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members now. there is a crazy concept. governor, thank you very very much. little more after this. >> as always neil, thanks. woman: friction points, those obstacles that limit a company's growth. i try to find companies that turn these challenges into opportunities. but by going out in the field, and meeting management, suppliers, competitors. in the end, it's these unique companies with creative business models that will generate value for our investors. that's why i go beyond the numbers. ( ♪ ) sure, the content's easy. but then you have to connect, download, edit, reformat, output, save, send, upload... still uploading... and maybe eventually post. this isn't working. introducing samsung business video solutions. with the galaxy note10,
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neil: all right, here, snow again, more than 60 million americans in the face of another winter storm sweeping across a good chunk of the country, adam has the latest from the weather center. >> winter-like weather on the way for millions as we continue through monday. here is the setup, any time you see warm air bumping into cold air, that's often where you'll see a system like this set up and on the back side much cooler temperatures than you see on the south side so 28 in chicago, 24 in kansas city you get on that back side it's suddenly all the precipitation you'll be seeing suddenly turns into snow and turns into ice, here is the set up, this is that line right there out in front just rain back behind that system currently ice and snow and if you're a little bit farther south where the temperatures are a bit warmer louisiana into portions of mississippi, those
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are some tornado storms that continue jus small tornadoes i do think the bigger concern continues to be the ice maker over the next 24 hours or so. these are our current storm warnings, watches and warnings some of the hardest hit areas from st. louis running up to indianapolis but you'll see a huge area here everything in that blue color running all the way up to the mid atlantic eventually new england are dealing with over the next 24 hours. really beginning to work its way toward the mid atlantic getting to new york city overnight and then lingering into tomorrow and tomorrow afternoon, but these are all the areas on the back side of this system where you see this snow the time stamp is up in the corner taking it to tuesday at 1:00 in the afternoon continuing to see snow and ice across portions of new york, and that's going to continue to run that direction, d.c. i think that stays warm enough that you're looking at mostly a rain event right there. here is going to be your snowfall and rain totals and again, mostly rain because of that warm air, but you get to new york city and you run north and that's where you start to see ice. that's where you start to see snow and that's a system we're
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watching for the next day or so neil. neil: adam thank you very very much i think, adam klotz. in the meantime a good year if you're a technology investor, in apple or microsoft. what do you think they can do next year? the split view on that. to susan li. >> yes. that's right and they've had a great year don't you think already, neil? we're up 70% for apple incredible, microsoft up 50% combined through market cap is actually larger than the russel 2,000, larger than the s&p energy index, which includes exxon-mobile and that used to be the largest company in the world , and some say with the china phase i deal, who does that help the most? probably apple since we don't have to pay 15% tariffs on iphones and ipads so looking to be a good year especially if they compete at $100 billion in buybacks that we saw from apple this year. neil: all right, susan thank you very very much. susan following it very very closely and we're also following tesla very very closely
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her camera multiple times. take a look. at least three times this guy was communicating with your daughter, right? >> right, yes, sir. neil: over what period of time? >> it was just from 8:17 that night until about 9:00 that he was in my cameras, because i unplugged them and probably about like 8:50 is whenever i figured out it was actually happening. neil: can you imagine that dad, you know, was able to play it back, but the hacker and his eight-year-old saying i'm santa claus and some of that. that made a stephen king movie p ale by comparison, to the evening edit host immuno elizabeth macdonald we see it. >> liz: it's like technology comes into the market and we're one giant laboratory for figuring out the problems and mistakes and we're tracking it in four states, mississippi and florida, georgia and connecticut
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reported break-ins via not just the ring device, but it's also baby monitors and it's also google home, so, i've been researching this, and hackers are buying easy, cheap ways to break into these devices on crime forums, for $6 where they do brought force attacks to break into these internet of things devices. neil: i don't want to give it away it's easier than you think to do but they tell a lot of people who have these systems to get double, triple, passcode protection a lot of people it's a pain in the neck they don't like to do it. >> liz: but i'm skeptical and not convinced that it's just a password or internet to a two- step authentication. remember when that jeep got carjacked over-the-air waves four years ago so i think amazon and ring need to come out and calm the people out there, because they are saying there's no evidence yet beyond that it's a password or two-step authentication problem, when we
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know, i'm just speculating. i have no evidence for this or no reporting. i'm just researching on my own right now talking to sources that when that car, that jeep was hacked, it was done via the car's own internet protocol ip address. in other words they did it over-the-air waves, found the ip address and then got to hack into it via what was called the you-commit connection. neil: you wonder whether it's that easy to do and other people with these driverless cars and do we want to put our trust in the technology where this is even a slight risk? >> liz: yeah, in other words we'll put the technology out there but the risks are still there and we'll fix them after the fact when the problems pop-up, right? neil: but is it worth it? now remember, scott mcneeley famously said if you want your privacy get over it and this is the way the world is going but i think we got to balance it out right? >> liz: i think you're absolutely right. i don't think it's just get over it this is the world as we live in because baby monitors are being hacked.
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it sounds like teenagers are able to hack in and we have, you can't underestimate the power and by the way, one of the publications motherboard said is it is "insane" the number of accounts that are exposed. the ring accounts exposed on these hacker forums where people are paying just less than $10 to break in so to me i think the companies that are going to sell this technology, neil they have to do better. it's not just a surgeon warning sign on a cigarette package. they have to do a heck of a lot better calming the airwaves so to speak. neil: there is a lot about this technology saying maybe i might not get that little monitor and i might not have this alexa speaking to me throughout the house. yeah it's a nice thing to have but people are now, you know, boomeranging on this stuff. >> liz: i know personally, just me, i'd stop using amazon alexa. i was too uncomfortable with it and then you have that and you've got also what's going on with turning cars, electric cars into literally smartphone, they are like cell phones on the road
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with the problems of that too which is similar to what you're talking about. neil: ever use a intelligent refrigerator? do you really need that, neil? >> liz: i wouldn't mind that. neil: but it comes at the same time you and i talked about this the national, you know, highway traffic safety administration is looking into yet another one of these driverless cars, tesla crashes. we don't know what happened here we do know this kind of thing happened a number of times and here is another case of a promising technology. might still be very very promising but these things pop-up. >> liz: tesla will say there's been one problem or accident for every 4.3 million miles that's better, actually, you know, that they have less accidents versus the regular car reporting, so regular car -- neil: you find that comparison alarming because they are trying to give it equal weight with millions and billions of drivers and cars and accidents versus what has been still a fairly
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limited pool of cases, like as you said the 4.9. >> liz: that's a good point so to put it in context so when i'm looking at the electric car i'm thinking can they read traffic signs that are vandalized? neil: that's a good point. >> liz: can they read highways where the paint is worn out in the middle of the road so we're talking about the tesla car involve in an accident so do they obey stop signs, do they obey traffic signals and recognize pedestrians or cyclist s? neil: it's since 2001 be careful , you know? >> liz: yes. neil: all right, we'll have more after this. nationwide helps you invest for your future, brad. so you can plan for retirement and save for college. oh, that explains this. the nationwide dome. state-of-the-art venue. 80-yard screen. fantasy sports lounge. climate controlled seats. sushi bar. club level pool. really? lastly... retractable roof. whoa. touchdown! peytonville just runnin' away with this one. go peytons.
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neil: all right. read it, be very careful while you drive. distracted driving reaching new levels. 39% of americans admit to shopping on their phone while they're behind the wheel. that is 4% higher that is was
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back in 2018. what are you thinking? shopping while you're driving. man, oh, man, susan li. i don't know what happened to the world. >> not a good idea? i will remember that. take it. susan: i'm susan li in for charles payne. they are scrambling to save the usmca deal after the mexico is objecting to labor regulations. boeing, make-or-break decision on one of america's most important manufacturers has to make in order to stay in the skies. retail in peace. saying good-byes to the companies we lost this decade. we'll look at ones that could be next. all that and so much more on "making money"

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