tv Cavuto Coast to Coast FOX Business January 14, 2020 12:00pm-2:00pm EST
12:00 pm
if we close above 29, first time ever. stuart: trade one of the china trade deal is signed. china's vice premier the president at the white house 11:30. we'll be on it. we'll be all over it. neil, it is yours. neil: stuart, thank you very, very much. as you've been saying we're in and out of dow 29,000. stocks getting a big boost from bank earnings. or at least two big ones that reported, jpmorgan, citigroup. wells fargo, not so much. jpmorgan ceo, jamie dimon touting positive signs of the connie. >> doing okay. the united states consumer, 70% of gdp. their wages are going up, their saves are strong. balance is in excellent shape. household form make. i think it is pretty good. 30% is business. confidence came down, cap-ex came down and i think a lot driven by trade, trade uncertainty.
12:01 pm
that all seems to have stablized. neil: think about this, jpmorgan put together a year most successful for any bank ever in history. any bank ever in history. fox news contributor john layfield. point view wealth management president, david dietze. welcome to both of you. it is a split verdict. wells fargo had other problems that disappointed the street. by and large we're expecting financials to lead the way. they have done that. david, is it your sense that, you know, wells fargo is more an outlyer here? >> absolutely. wells fargo had to put aside billions for legal and regulatory issues. they're still trying to climb back out of the fake account scandal. that really pulled down the results dramatically. of course they're having to deal with some client defections and so forth as people lost a little bit of confidence in the bank. jpmorgan, citigroup doesn't have the problems and they knocked the cover off the ball in q4.
12:02 pm
neil: how would you advice people if these markets, john layfield, 29,000 may be the day, it is 39 days since we hit 28,000. higher we go, smaller gaps, less her heck. >> 2018, in december with the market was selling off so bad i also, jpmorgan came out and jamie dimon more importantly came out said the consumer was doing well. the bank was doing well. that led to the latest surge in the bull market i think what you're seeing right now jpmorgan doing it again. ceo doing the same thing. the fundamentals of this global economy are stayed the same, at least in the u.s. stock market you look at that, you see you have low tax environment, good regulatory environment, the rest of the world not doing so well. the fundamentals going on, conciliatory fed have stayed the same so the market is looking
12:03 pm
good. neil: when you look at the market, david, especially end of year press on the markets what is going forward. they take a counterstrategy. a lot of people said the u.s. market had a nice runup. hedge your bets, look at europe, asia, what have you. how do you play the whole globe thing. >> i totally agree with john the fundamentals look very strong on backs of strong consumer, dovish federal reserve, easing trade tensions. jpmorgan is up 40% over the last year. 17% in the last three months. that kind of pace can't continue. so i think jpmorgan, some of these other big banks will be kind of reflect our overall view on the market, which can grow by increase in earnings, somewhere between maybe five, 8%. hard to see valuations going much higher than here. neil: technology led the parade last year. a little bit of a hiccup today. that notwithstanding, do you expect, john it to lead the parade this year? >> we have a very narrow group
12:04 pm
of leaders. david's right. you talk about the banks. jpmorgan is up 40% as david mentioned. citi was up 30 something percent. hard to compare wells fargo to these two anyway. aside from what david mentioned he is correct on. michael corbett, jamie dimon leading the two banks. they are two best ceos in the world with two of the best companies. if you're going forward, i don't think it will be probation because of that runup. tech will continue to do well. certain themes will continue to do well. digital streaming will do exceptionally well. that will be disney, apple, amazon, netflix. i think sports betting will take off bigger than cannabis is taking off at least in the united states. it is hard to fine a play until draft king's ipo debuts. there are plays out there. i think it will be thematic and existing leaders which is a very small group continuing to lead the market upwards. neil: are you saying it is better to bet on players than got this year? >> absolutely. neil: all right. >> if pete rose would have smoked pot he would be in the
12:05 pm
hall of fame instead of betting on baseball. neil: final word. gentlemen, thank you very much. happy new year to you. we talked about the big chinese ceremony in the united states. the vice premier will be in at the white house signing off on the phase one trade deal. xi xinping, chinese leader is optimistic about other deals going forward. edward lawrence at the white house. hey, erred. reporter: neil, the trade delegation is in united states in washington, d.c. they are very busy today. their message that china was open for business. it was literally standing room only in their hotel with american business leaders trying to meet the vice premier. like a ticket line at a adele concert. they will stress they made changes to regulations that further protect the intellectual property, doubling civil and criminal penalties for those
12:06 pm
guilty of stealing intellectual property and patent and copyright infringement. there is accelerate ad timeline for a resolution. it is 90 days according to white house visor peter navarro. the man who negotiated the deal told fox business he will watch very closely to see how the phase one trade deal simply meanted in china. >> we talked about these other issues. we will have people looking at whether or not they're living up to their commitments on tech transfer. ip, on financial services opening. on agriculture standards issues and the like this. is something we'll have to monitor. i'm not pollyanna about any of this. reporter: the meetings will go on the rest of the day at the chinese hotel. american businesses very interested especially in the industrial and general commerce sectors that are interested in going into china, wanting to hear what they want to say. neil, we also are very interested reading what is in the phase one trade deal. that will be posted online after
12:07 pm
the signing. back to you. neil: look forward to that. thank you, edward lawrence in washington. bernie sanders denies telling elizabeth warren that is woman cannot defeat the president. we have susan crabtree. susan there has been a lot of back and forth on this. only two of them at the dinner, not even their staffs, right? >> that's right. you saw a little bit of this coming out because bernie sanders over the weekend there were talking points that were leaked. they were saying, taking issue with elizabeth warren's base saying she did not really expand the democratic base that much. really just attracts, elite wealthy democratic donors. i would expand that to working class voters. so after that, she got a little bit, it seems appears, she got a little bit heated about that. and the game was on. the gloves are off. detente, out the window, and both are going more for the
12:08 pm
knockout punch tonight in the debate. we can anticipate. they had the detente going. in fact those words supposedly were said during the debate, that is the ironic thing. neil: a dinner, i'm sorry a dinner back in 2018. it does make you wonder. only two of them, one of them is lying, right? what is the old john dean line, misremembering. i'm wondering where this goes if they bring it up. you got a hint from elizabeth warren commenting on all of this, she would rather not bring it up or what have you, but i'm sure other candidate will and put them both on the spot, right? >> that's absolutely true. this is really their last hurrah. you're going into the iowa caucuses. bernie sanders is seeing sort of a surge we've seen in national polling. although the polls in "the des moines register," the polls have been all over the map. "the des moines register" recent poll came out said it is a sanders-elizabeth warren race in
12:09 pm
iowa when before the real clear national polls, average polls in iowa were showing that elizabeth warren was fourth behind buttigieg. it is a jump ball right now and everybody is going for it. this is the last gasp for many. we saw booker out of the race this week. so we're going to see toe-to-toe. this is when things start to get really kind of gritty in the 2016 gop primary. remember when ted cruz and donald trump were really going at it, even though they shared a similar base. neil: sure. >> because they had the similar base. so you see now they have been so nice to one another but the game is on now and we're going to see it come out tonight because time is of the essence. neil: to put it mildly. the caucuses are such a tough one to predict because the bizarre, byzantine voting, larry polls have been accurate there, going all the way back to jimmy carter in '76. we'll see. susan, good to have you, thanks
12:10 pm
very much. >> thanks, neil. neil: dow up 109 points. good enough for a record of 29,000 we'll see if this holds. we broached the number a subject of times. we'll see what we do intraday will be at the end of the day. meantime impossible foods looking at bacon? ♪. this commute's been pretty rough, huh? it's great actually, i've been listening to audible. it's audiobooks, news, meditations... gotta go! ♪
12:11 pm
♪ hey! you know, i do think it's weird you've started commuting when you work from home. i'll be in my office. download audible and start every day off right. stay resthe new rx,the icon thatcrafted by lexus. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing at your lexus dealer.
12:12 pm
12:13 pm
he's here. bill? karolyn? nope! no, just a couple of rocks. download the my account app to manage your appointments making today's xfinity customer service simple, easy, awesome. i'll pass. 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. neil: all right. you don't see this every day but you're seeing it increasingly this year. all three major stock indices are all-time highs right now
12:14 pm
including the dow comfortably up by 16 points, 29,000. it was about 39 days ago we crossed 28,000. we've been teasing this for the last week or so so let's see if today's the day we do that. meantime iran's leaders are blaming the united states despite arresting those accused of shooting down the ukrainian jet. tray -- trey yingst in jerusalem with the latest back and forth. reporter: good afternoon. major developments out of iran. we're getting information this hour that the european parties to the 2015 iran nuclear deal they will trigger the dispute mechanism. this will open the door coming from europe for new sanctions if they don't change the behavior around the nuclear agreement. that will be a story to monitor throughout the week. arrests made with iran's justice chief as it relates to the ukrainian airlines plane shot down out outside of tehran last week, killing all 176 people on
12:15 pm
board. that made on the iranian state television, the justice chief adding an extensive investigation has taken place though no specific number or identity regarding how many people and who the people were that were arrested. you ukrainian airlines flight was hit by missile defense system on the same night iran launched 16 ballistic missiles into iraq. hassan rouhani called the event a unforgivable error although the government denied any involvement in the incident. demonstrations against the government continued for a fourth day. protesters were how they initially handleed plane incident and show them tearing up photos of qassem soleimani, who was killed outside of baghdad international airport by a u.s. drone strike. security forces there have denied opening firing on demonstrators. today the iranian justice chief also weighed in on those clashes. take a listen.
12:16 pm
>> translator: agents of america want to use a problem to disturb public opinion authorities won't allow anyone to compromise security. reporter: new development this afternoon as well as the israeli army says the iranians will have enough uranium enriched by the end of the year to build a nuclear weapon. that will only increase pressure on european participants and trump administration trying to stop iran's behavior as they work closer to a nuclear weapon. neil. neil: thank you, trey yingst. you've been hearing about actor vince vaughn getting grief and praise for shaking hands with president trump. it started with one writer for one website and how it took on a life of its own. the fallout next. t rate. that's why fidelity leads the industry in value
12:17 pm
12:18 pm
their first symptom is a stroke! but the good news is you can rewrite your ending and get screened for stroke and cardiovascular disease. life line screening is the easy and affordable way to make you aware of undetected health problems before they hurt you. we use ultrasound technology to literally look inside your arteries for plaque that builds up as you age- and increases your risk for stroke and heart disease. so if you're over 40, call to schedule an appointment for five painless screenings that go beyond annual checkups. and if you call us today, you'll only pay $149-an over 50% savings. read it again, papa? sure. i've got plenty of time. life line screening. the power of prevention. call now to learn more.
12:20 pm
now bacon? impossible foods is looking to serve the first kosher bacon cheeseburger. impossible foods chief financial officer david lee. david, good to have you. >> thank you for having me. neil: i do want too get into the particulars on that. did you envision the response your offerings would have over the last year. ergo no one. >> you about you guys and now everyone knows about you and is imitating you guys? >> it is incredible. a year ago we launched at las vegas consumer electronics show the impossible burger 2.0. candidly i don't think anyone on the planet anticipated the undented demand we've seen. we're back at ces this year to announce impossible pork. i would love to serve that first kosher bacon cheeseburger you mentioned. we're on our way. neil: now, this like the other offerings tastes like the real mccoy. i talked to a number of doctors,
12:21 pm
cardiologists, and the like, this is a little bit better than the meat alternative. it is is not a nutritional home run. what do you say to that? >> i say go to the numbers. impossible pork versus 70/30 pork. we have 60% less total fat. we have no cholesterol. nearly the same amount of protein. we have 40% less calories and 2 1/2 times the iron. frankly you help save the planet in addition to being a better choice. i'm a meat eater. i am one of the many eat impossible products and love to eat meat. every time meat eaters pick impossible we're making a better choice for our health and better choice for the planet. neil: i don't mean to blow you snoke. i had to find out what the whole phenomena was all about. i'm a big beefeater. that might shock you. i was pleasantly surprised it tasted like the real mccoy, but some samples better. but i'm wondering, what do you think the fuss that others have
12:22 pm
encountered along the way, if you're like burger king, with issue of frying it on a grill that also fries beef and that cause as vegetarian uproar and all that? with your success come as lot of responsibility, it better be done under the right circumstances. how do you deal with that? >> it is true, we're meant for everybody. we're certainly designed to be kosher, halal, serve meat eaters like you. we welcome vegetarians and candidly our mission is only served if hardcore meat eaters like me and you happily pick our target. that is our target. 95% of our consumers identify themselves as carnivores. as a result we empower our customers, whether it is burger king or white castle with the impossible slider, to serve meat, the way meat eaters want it to be served. i think that is important for our mission and our business. that said, we're hopeful that everyone can enjoy it. as we get bigger and bigger, we hope that will be available more
12:23 pm
and more globally. neil: do you think you need a stamp of approval let's say the cardiology association of america or nutritional association of the united states, people like that, who are going to give it like a official good housekeeping seal of approval? >> you know, what is interesting. i often time get the questions from investors and press. we're not competing with a piece of broccoli or a carrot, right? we're competing for that jussie, delicious piece of pork or beef that meat eaters crave. we're such a better choice pound for pound for that decision by a meat eaters a as long as we deliver on better and better jussieness and taste, we're confident is a good choice for your health and variety. neil: it tastes good. i quickly admit that. david lee, thank you very. impossible foods cfo. ironically debuting at consumer electronics show again this year. they are on fire, my friends. thank you very much, david, i appreciate it. something tells me the
12:24 pm
incredible hulk is a beefeater. i don't know if he is looking at beef alternatives but i do know if he stops you, if you've been speeding, that give him anything he wants. he's next. [shouting] as a caricature artist, i appreciate what makes each person unique. that's why i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. almost done. what do you think?
12:25 pm
i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain,
12:26 pm
12:28 pm
[screaming] neil: this video we're showing you of the greatest hulk of them all, lou ferrigno. that is his reaction not getting fox business where he was. very, very upset. you know the guy very, very well. he is iconic american figure. the original hulk, a great hulk, beating up bad guys to arresting them. the incredible hulk actor lou ferrigno is joining the new mexico sheriff's department as a deputy. he will be the real mccoy. he is going after bad guys. you surrender. you do not think of taking him on. he joins us right now. good to have you. >> good morning. good to hear your voice again. neil: what made you want to do this? i was reading a little about it. your dad was a police lieutenant, better part of 26 years, it is kind of in your blood, isn't it? >> funny, my whole life being
12:29 pm
bodybuilder champion and growing up with law enforcement. i done a lot of things in my life. i admire his leadership being on the police force. growing up i always wanted to be a police officer. 15 years ago talking to sheriff in l.a. go through the academy, become certified. i didn't want to do the honorary thing. dot real deal, able to perform and through my police powers and everything. neil: you know, what would your job be? i mean, we should emphasize, it is not ceremonial. you're not just someone who will entice others to join the force and all. you will be doing the real mccoy stuff. you're 68 years young. you don't need this. why are you doing this? >> i want to be a real life hero because i search-and-rescue in the mountains, saving people's lives, like gang-related or stuff. i work in the reserve. also we want cool young deputies to join the department because we need people like this today because i like to be real life
12:30 pm
hero to these people, protect their life and property. neil: now i know you worked, if you think about it, you're the first marvel comics legendary hulk character. what do you think of the present one? >> i would be disappointed, when you look at hulk, it is cgi not like the series they changed format of hulk, he needs to be more organic, like the original series. the original series you could see that jekyl hide behavior. we don't have the dr. jekyl hyde behavior with the new version. neil: you know what i like about what you said, you told the press this not too long ago, the hulk has to embrace his inner monster. you said of disney at the time they have taken away the chemistry. why a lot of people go back to the series. thousands of fans coming up telling me they're not happy with the way the hulk looks. is that a c ge thing or actor
12:31 pm
mark rough a low? >> i think it is the new hulk. the hulk when he transforms into the hulk, it is very angry creature. the fact it takes away the chemistry, bill bixby did the series, you could see the transformation with the dr. jekyl, mr. hyde transformation. the new endgame i was disappointed. mark is a great actor. he don't like the way he is portrayed. the fans are upset about it. neil: cgi thing is overdone, by the way. they're using a version of that, it is not cgi in "the irishman" making actors look a lot younger. what do you think of that whole technology? >> they have to go back to the original stories. we see spaceships, flying people, jumping in the air, shooting guns. it has to be more organic, authentic. that is why "the hulk" series had a compelling episode, so powerful, it holds the own
12:32 pm
today, like "the twilight zone," "star trek." we need more of that. neil: no, i agree with you about that. you've been involved in other things, voiceovers with marvel and other things, going back to the celebrity apprentice where you met up with donald trump right? that is where this friendship first started in? >> i really liked mr. trump because most people don't realize on "celebrity apprentice" he helped me raise for muscular dystrophy. most celebrities raise money for their foundation which i think is fantastic. president trump has been good to me. i respect him and learned a lot about branding and leadership from him. that is basically my opinion. so i had a great time on the show. neil: about that too, because in 2018, now, by this time, president trump had appointed you to the presidential council on sports fitness and knew
12:33 pm
operation. that means you constantly have to stay in the great shape you are. does that get tough? >> we want to make america healthy again. why my daughter and i were doing a great show that we have to do with fitness. i want to help people, we have so much obesity in this country. president's council we have so many different athletes, want to advocate better health, promote fitness and nutrition. that is important because america is losing sight of that. neil: with guys like you, kids, teenagers, gadgets, everything else, that is what is making them fat, right? that is making us lethargic. not me, i'm as thin as they get but other people. so what do you tell them? >> i tell them there is no secret. training, eat, good sleep. too many people analyze, work out once a week. all about consistency, eating right. taking care of yourself, to have a positive attitude. positive living.
12:34 pm
stay away from the negativity and naysayers. neil: that is brilliant. that is why you're my favorite hulk. thank you for you continue to do, all you inspire. you mean what you say. you practice what you preach. i tell, people, lou to exercise. sometimes i don't always do that myself. very good seeing you. congratulations. >> thank you. the convention center to show the new mexico sheriff's department. neil: good for you. i remind people listening. you do not want to be stopped by this man. >> exactly. neil: we'll have more after this. stay with us. >> thank you. before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it - with hassle-free claims, he got paid before his neighbor even got started.
12:35 pm
12:37 pm
12:38 pm
that is incredible. meanwhile take a look at gamestop. video game retailer reporting that holiday sales fell by over 25%. not surprisingly that has the stock tanking. jackie deangelis has more. reporter: good afternoon to you, neil. that's right. the company is basically flagging these weak holiday players ahead of its march earnings report for the fourth quarter and the full year to prepare investors if you will. they also cut their full-year guidance. so the previous range was 10 to 20-cent in earnings. it is saying expect the actual number to come in less than that. same-store sales expectations also looking to be down 19 to 20%. the estimate previously was better number in the teens. now they have been struggling for some time. remember this is a, the console gaming business. so many people are gaming on the computer, on their ipads, on their smartphones. so this model is really changing. gamestop has been closing store
12:39 pm
and trying to brace for some of these changes but not managing a way to get out of this. ceo says what they're seeing in the company was reflective overall weak holiday sales for the industry in general but that doesn't necessarily seem to be the case. consumers were out black friday and for the holidays, and they were spending money on things. they were not just spending on these consoles. the ceo says consoles coming out in late 2020. perhaps people are waiting for those. that is something to watch also. i walked into this store behind me. not too many of these stores in manhattan. you could literally hear a pin drop. there wasn't a soul to be found. back to you. neil. thank you, jackie. amazon is trying to crack down on counterfeit goods. kristina partsinevelos has more on that. hey, kristina. reporter: neil, is imitation the
12:40 pm
sincerest form of flattery. amazon doesn't seem to think so, it will crack down on fakes listed on the site. fake 600 count egyptian sheets, still remain on the world's largest online marketplace. there are almost three million active total sellers worldwide. that is two new sellers every single minute in 2020, making it super tough to catch these peddlers. amazon already has policies in place to stop fakes like project zero which allows the brands themselves to remove fake products. amazon uses algorithms to spot fakes and filed many lawsuits against counterfeit sellers. i spoke with a contact at amazon. they say they're taking it up a notch. they plan to share the information with law enforcement but there is a three-step process. first they have to block the counterfeit. they wait for the seller to appeal. if the seller doesn't appeal. then they contact the police. you know the proliferation of
12:41 pm
fakes online doesn't just apply to third party sellers on amazon. this friday, there will be another antitrust hearing on capitol hill. the ceo, sonos will argue that amazon, google compete unfairly or copy their own technology. the battle between brands and counterfeits continue, neil. neil: it doesn't get bigger than that. thankthank you, kristina. justice department and apple battle over unlocking the pensacola shooter's iphone. attorney general bill barr slamming the tech giant on that very issue. take a look. >> we asked apple for their help in unlocking the shooter's phones. so far apple has not given any substantive assistance. we call on apple and other technology companies to help us find a solution so that we can better protect the lives of american people and prevent future attacks. neil: apple rejecting those claims saying that our responses
12:42 pm
to their many requests since the request have been timely, thorough and are on going. fox news senior judicial analyst, "the liberty file" host on "fox nation," judge andrew napolitano. what do you think of this, this battle back and forth? >> reason the attorney general is so animated because that is all he really has is the force of his personality. the law is clearly on apple's side. you sign up for apple. they promise you a secrecy. they will comply with that promise. there are two other interesting aspects here. remember how this murder occurred. this was a saudi military officer training at an american military base. he carried a gun. his victims were not allowed to carry guns and to protect themselves. a local police officer shot him in the midst of his efforts to kill others. the other interesting thing is, the government knows how to get in this. i'm holding up my iphone because the nsa has all the contents of this, including my
12:43 pm
pass code, but if the nsa were to give that to the doj they would admit they have it, and they don't want to admit they have it. we've been through this before. neil: we did get, as you're speaking another statement from the department of justice public affairs that a federal judge has authorized the department of justice to access the contents of the dead terrorist's phones. apple designed the phones, implementing encryption. it is simple front door request, will apple let us get into the shooter's phones or not. >> the last time this happened was led by fbi director jim comey. they sought the contents of phones of san bernanadino killers. husband and wife killer team. you know how they got into those? an israeli tech team in tel aviv get into the cell phones and it worked. why they're not going there now, i don't know. why they're trying to get apple to violate its own agreement with its customers which it will never voluntarily do, i don't know. why won't they go to the next door neighbors, nsa?
12:44 pm
because the nsa won't admit they have it. neil: no way to insure that ability was not shared with the government. they would not know how apple retrieved data from the phone. apple took it i, back to them, end of story. >> i give the government credit for that. they just want to get into the phone. they don't care how apple -- they can't force apple to do it. apple is private entity you don't work for the government. neil: does the they have any responsibility here to say, this is a guy who did no good and we might get an idea of accomplices or a timeline why, and what he did? >> if i may. moral responsibility, but not legal responsibility. am i splitting hairs? do i sound like gasparino? neil: yes you do. worse. so what happens there? >> they will probably go to the israellys and use the sail algorithm they used to get in the san bernanadino phones. i don't think they can persuade a judge to force apple to
12:45 pm
violate its own procedures and its commitments to its customers base. when you get this from apple there is an explicit and an implicit promise that apple's not going to reveal what you put in here. neil: i want to switch to impeachment. not planned but this battle royale among republicans whether to entertain witnesses or not. it is a slippery slope, once you open yourself up to that you could have a lot of witness. >> you never know what a witness will say under testiness of cross-examination. there is a theory amongst some republicans, senator lindsey graham, and senator josh hawley, that the whole case should be thrown out from the beginning. save the president, save the senate a lot of ajita, get to the end that will probably happen anyway. i don't think the president wants that. i don't think he wants victory by technicality. i think he wants a victory on merits. which means the senators will listen or otherwise become familiar with the evidence and
12:46 pm
then vote to convict or acquit. i think he want in the long run. that is how i think he will play out. neil: most americans, this goes beyond legal, look at it as political in the house, along party lines, political in the senate, along party lines. >> you are too young to remember this, in the clinton feech peach we were bored to death we sat there watching lawyers reading transcripts allowed of testimony given in the house. if they do that same procedure, forget it, nobody will watch. boring as you can be. you can read it on your own. neil: that means getting depositions from witnesses in the first place. >> they have already given them with exception of new ones. john bolton has not given one. they want him. neil: the president claims executive privilege there that would or would not happen? >> i don't know if the president will claim it or not. last week he said yes. this morning, let them say whatever they want to say. i didn't do anything wrong. i have nothing to lose. so the president's lawyers have
12:47 pm
to be consistent. neil: someone will get a tweet today. thank you, my friend. like a hulk response. >> is fir regular know here by the -- ferrigno here by the way? neil: absolutely not. i would never ask him any questions. high-taxed states, where are they going that might surprise you. >> neil, this city in the south has seen a double digit percent increase in millenials in the last decade. i'll tell you where we are. here's a hint, what's spurring the growth coming up. ♪ limu emu & doug
12:49 pm
12:50 pm
12:51 pm
neil: millenials are moving out of a lot of high-taxed states to places like san antonio, texas. grady trimble joins us now to find out exactly why. grady. reporter: neil, part of the reason is affordability, relatively low cost of houses and relatively high average income at $50,000 a year. this is a state without a state income tax. when you think of san antonio where we are, you probably think of the alamo and iconic riverwalk. there is actually a growing tech sector here. we spoke to two young tech entrepreneurs to decided to start their companies here. >> more younger people stepping into rolls that will define the future of san antonio. with that you have a lot of young minds trying to shape the future, right? >> tech startups in san antonio have a voice and the moment that potential vc hear that there is
12:52 pm
tech out here in the city are working on major improvements and innovation, i think we have a huge chance. reporter: this city saw a 4.6% increase in millenials from 2017 to 2018 alone. and that is not an accident. it is largely by design, for example, they have a thriving arts and entertainment and culture as well as a food scene here. city and county also created a position. that person's job specifically is to bring tech companies and tech startups to the city. >> i'm growing up in san antonio. there are few employers we thought we would work at. the fact we embraced technology during my career development has absolutely wowed me. it has floored me. reporter: i also want to show you some other places where millenials are flocking for largely same reasons. seattle, phoenix, denver, you
12:53 pm
might expect. one caught me by surprise, bozeman. this is important for a business channel, because millenials are expected to make up half the american workforce by this year. neil? neil: it is a beautiful place in montana. i can see that. thank you my friend. very revealing f you make it cheap. people will flock there. then there is new jersey where governor phil murphy is pushing a tax hike on millionaires during the state of the state address today. he approaches from a variety of venues, multiple times. he thinks he will have the support this go-round but the most resistance he is facing seems to be from fellow democrats. charlie gasparino on latest. >> thanks for the list, all the cities avoid where millenials go. i want nothing to do with it. neil: i want to go to florida. i want to go to florida. >> by the way, that is the cost of being away for millenials you have to pay taxes. neil: by the way, so mean. >> one name that stood out on the list was seattle.
12:54 pm
very high-taxed state. but the tech center is located there. salaries outweigh obviously the, well could outweigh the tax benefit. neil: most expensive real estate per capita, seattle. >> that is a, i think that is a special case. it was a great report. listen, new jersey is the reason why. new york, new jersey, these are places where you know, they talk about millionaires taxes but the tax rates, this thing is insane, by the way it is so hypocritical, two hypocrites in this, phil murphy worked at goldman and taxing anybody and you, you didn't concede that you live in jersey. so this is going after you. that is why you're doing this story, right? neil: you are such an idiot. >> let me ask you this. neil: i pay high taxes in new jersey. you pay high taxes where you are. >> a little bit of self-centered thing. neil: yes. i want the world to know what is going on. >> let's be clear here. neil: look at state has tried it, illinois, connecticut, they
12:55 pm
tried to do a surtax, ends up not producing revenue if anything it produces anger. >> the group of people that can easily leave any state are millionaires. you start at a million up, if you make that much money, you can probably leave and you know, go to california. excuse me, california. stay away from california. go to florida. go to texas. nevada. neil: montana. >> north carolina, south carolina. neil: i could see you in montana. >> you know, i like texas. i got the my friend john tatum there. we'll see him for the super bowl. neil: there is a reason that is booming. >> go outside of dallas. denton, texas where the cowboys have the big facility. there is non-stop construction work. my old man was known as wire lather. rebars come out of the ground. i saw a mile worth of rebar coming out of the ground because they're building so many headquarters for companies. neil: they don't know what to do with it.
12:56 pm
>> aside from being really hot for two months. by the way no joke here in the summer either. neil: right? texas is pretty nice to live. it is, people are nice. the food's good. you know, great business environment. it's not, it is a great place to live. neil: but advocates for the high taxes in manhattan where we're coming from now. they think, nothing like the big apple and people, they will always pay a premium for that allure. you keep arrogantly assuming that. >> as technology, as easier to videoconference, i mean -- neil: right. world is getting a lot smaller. forget about the country a lot smaller. it will be easier to pick up to work out of texas, occasionally come to new york to do your business. neil: would you wear a big ol' cowboy hat? >> i'm not a big hat guy. i will wear, you know, tatum and his very, tatum has a rolex. he has expensive suits. but he wears cowboy boots. neil: who doesn't? >> custom-made cowboy boots.
12:57 pm
neil: like you. >> what are you doing for the super bowl? you want to go with me and tatum? neil: no, i don't. i'm mad at you for the comments. >> i am for full disclosure. neil: stop! i think we're gonna swap over to "over seventy-five years of savings and service." what, we're just gonna swap over? yep. pump the breaks on this, swap it over to that. pump the breaks, and, uh, swap over? that's right. instead of all this that i've already-? yeah. what are we gonna do with these? keep it at your desk, and save it for next time. geico. over 75 years of savings and service.
1:00 pm
neil: take a look at this, hat trick, record going on for all major averages including the dow which is taking the third intraday shot of the year, over that for the time being, we will keep an eye on that, a lot by better than expected numbers from nation's premier banks, all except wells fargo but we are early in the earning season, we have capitalist head john and editorial page assistant brook rogers, brook, begin with you on the sentiment building that earnings will save the day,
1:01 pm
getting the financials, they are going to lead the way, what do you think? >> yeah, well, actually goldman sachs and bank of america expected to post a year over year earnings decline, only because they're comparing q4 to k4 to 2018 which they were still kind of in the boost and even though it looks bat -- bad at the moment. >> some of the names that you mentioned, jpmorgan, they are up on average, although apple and the headlines, a lot of the banks are leading the charge and broadening the markets a bit. >> a lot of the growth from the banks comes from investment
1:02 pm
units, trading units let's face it there was a ton of capitulation and we are seeing a lot of growth there, there's asset management and division where they see a lot of growth. neil: do you think it's a pricey market? >> pricey? >> it's not like 1999, neil. in 1999, 2000 you had the cab drivers borrowing money from mortgages to invest stock in tesla. [laughter] cmgi, look, this market extended but the old adage applies, don't fight the tape, people have lost a lot of money trying to do just that. >> a that time there were a lot of companies trying to make money, it was eyeballs, earnings increasing, although last year in 2019 we saw earnings growth
1:03 pm
decline, we will see that, i think, in 2020 as well. this first quarter is a real big issue on whether this market can -- neil: the next year is not as big, right, so if it were 25%. >> yeah, i mean, from my perspective neil, get financial house in order, we know correction is coming, could be coming now or then, take the opportunity whether it would be credit card debt or even getting an emergency fund, neil, when you have that in the bank makes the correction that much easier to deal with. neil: you're not paying 21%. you're saving 21%, right, young people, are they interested or still they i missed the whole beat? >> i think that the first
1:04 pm
priority on young person's plate is debt, the overall concern has been rising and that makes people more free to grab their credit card and swipe every once in a while, for people under 35 even 40, they're always going to be concern about debt and never confident about consumers. >> i love that you said even 40. [laughter] >> the news of this morning confirming that bernie sanders said that a woman cannot be president, hillary vaughn following all of this from iowa, hillary. >> we will keep our voice now because andrew yang is a few fete away from me, 3 weeks until iowa caucus and tonight's debate is the last debate before iowa voters make the pick for president, first time we could see senator bernie sanders and elizabeth warren after warren dished of private meeting where sanders told her he didn't think a woman could win in 2020,
1:05 pm
warren saying this in a statement about the meeting, quote, i thought a woman could win, he disagreed. i have no interest in discussing the private meeting any further, but bernie sanders disagrees with warren's account of the meeting, sanders campaign giving us the statement, quote, ludicrous to believe that the same meeting where elizabeth warren told me she was going to run for president, i would tell her that a woman couldn't win, neil, some candidates that won't be on stage tomorrow, andrew yang is one of those, celebrated 45th byrd on the campaign trail, he chimed in about this back and forth between bernie sanders and warren saying it's upsetting, he has a full day of events here in the state today before the debate happens tonight, neil. neil: hillary, thank you, that was your best soft channel voice ever, ever. what does that mean going forward to elizabeth warren and bernie sanders, are they going
1:06 pm
to fight each other out? how bad is it? >> it's not impossible that elizabeth-sanders -- bernie sanders to your point has really remained steadfast and credibility with progressives is unmatched, the idea of him putting down the potential for a female president doesn't sound very progressive and it's kind of off the course of what's the norm around the world, neil. neil: back in 2018. >> look, the issue is everybody is talking about this in america and they were in the last election as well, can a woman be president, we thought hillary clinton was going to be the president so i thought shelved the conversation, apparently not, i think it's about time a woman become president, i don't know who it would be, i'm not saying it has to be in 2020 but i don't think that there's a reason why a woman couldn't be. neil: governors, but the one thing i thought was interesting,
1:07 pm
this all bottled up with her decline in the polls and his rise, right? >> this is always inevitable, faceoff between warren and sanders, they are the two most progressive candidates and as debate stage they were going to face off at some point, now it's about whether or not a woman can be president, i think it's a nonissue, they -- he said, she said, she says that he said, and i think that their sporters have picked their sides at this point. neil: she did add drama into this with the student debt thing that as president she could unilaterally or through executive action forgive student loans without going through congress. what did you make of that? >> policies are virtually interchangeable, they have plenty of goodies and giveaways, the notion that can a woman to be president, for bernie to suggest that, backward from is what is happening worldwide. in finland, entirety led by
1:08 pm
female, most of them under 35, so if the story is true bernie looks completely out of touch, of course, a woman can be president but not be elizabeth warren, i can't imagine a more unlikable candidate as elizabeth warren, her whole thing is about tearing down the top, tearing down successful people, this doesn't jive with american audiences in my opinion. neil: you don't appear to like her very much. >> i don't like her policies. neil: in her case she carried further step further by executive action i can do this as president. >> as you said she's declining in the polls, i think she's throwing the hail mary pass, the bernie jab was one of them, i think that saying that she could free student debt by executive orders, she's trying to get the headlines and stay in the news. neil: by the way, republicans aren't innocent on this, they are overseeing massive debt
1:09 pm
accumulation, anyone watching the money go in and out? >> i hope so. i watch at my shop. to your point, it has to do with -- do democrats have enough to stay on top of the headlines stack and things like this, the tit for tat, something that happened in 2018 in private conversation, how is this actually news? [laughter] neil: this is not a shocking development to me. doesn't reflect well on either of them? >> none of the dialogue on the political environment reflects well on either candidates, i'm surprised actually the democrats have made it this far without throwing mud at each other like actually on the stage. neil: they could cancel each other out, these two? >> a little bit less progressive like pete buttigieg, mayor pete, neil, that's what makes this horse race so fascinating, we really don't know even later.
1:10 pm
neil: tough one to predict, it's such a weird thing to follow and predict, but right now on paper bernie sanders is getting traction at just the right time, right? >> he's out in front. >> a huge donor base, he has a lot of support behind him because he has the progressive credentials and he said the same thing since the 70's, people like that kind of integrity that he has. >> unlike bernie and warren, he's likable. neil: you're talk about bernie sanders? >> unlike bernie sanders and elizabeth warren, joe biden has been elected, certainly electable. neil: i know you will come back in a few minutes, in the meantime bring you up to date marlins president wants to way on cheating scandal and where the league goes from here, there are others that could be thrown out as well
1:11 pm
1:12 pm
the first-ever glb. apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business.
1:13 pm
to learn more, visit paycom.com beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond.
1:14 pm
neil: mgm resorts international reaching an agreement right now to sell the mgm grand and mandalay bay resort in las vegas to black stone in what would be 2 and a half billion dollar deal, not too shabby, there's this, you've out of here, houston astros owner firing former manager and general manager over scheme that apparently is spreading, former miami marlins president david on penalties and what more we can expect, david, what do you think? >> how are you? neil: i'm fine. >> i think that baseball has no choice, they had no choice but to come down hard on the houston astros and what they enabled
1:15 pm
jim, the owner to do was after mlb suspended those men for a year, they let him come out about an hour later and actually fire them, but this was all planned, it's not as though jim decided that moment to fire aj, the manager and jeff, vice president of operations; this is part of only hope and only pr play in pr crisis 101 to try to get the astros organization to move past this. >> all right, so these guys are out of here, they are also going to be a penalties on first-round pills and all of that, goes way beyond them cool their jets, right? >> oh r for sure, when you're a fan of the astros, you're more focused on the fact that baseball took first and second-round picks in 2021, you don't care that the manager and gm are fired but when you lose draft picks that impacts onfield
1:16 pm
product, they will not be worst team next year because aj hinge is fired but a couple of years from now, they will be worse because they will not have an influx of young talent the way they have had recently. neil: all goes back to the notion they cheated, they find out what the signs were from opposing teams, even championship game in 2017 in the case of the astros, but explain to me what was particularly egregious and what took them so long to determine what was egregious? >> so in 2017 there was rumors, looking, we have been stealing signs since the beginning of time, catcher puts down a sign, player on second base trying to figure out the sequence and let pitcher know what it's going to be because that makes it easier to hit, for you and i wouldn't make it easier but for professional player it does. technology has advanced.
1:17 pm
so technology has advanced, so what the astros did is they put a camera in center field focused on the catcher, figured out what pitch was coming, relayed that to the dugout through a monitor where the astros actually hid a trash can to signal what pitch was coming next. that's why they got in so much trouble, you cannot use technology to steal signs, you can only use your eyes but all teams are using technology, trust me. neil: that's my next question, this almost seems too easy to believe, who else probably was doing the same thing, a lot of people are scrutinizing the red sox now, what do you think? >> the red sox are under investigation, they won the 2018 world series, the business point here is that anything that could impact the results on the field, impacts the integrity of the game, this is like gambling but not as bad in my opinion, right
1:18 pm
now baseball does a lot of business in the gambling world, they've embraced it when i first started in baseball in 2000, they did not embrace it, what casinos need, what book makers need is the ability to make a line on a game and to do that they've got to know all the information, if one team has an advantage that they are not letting anyone else know, then that would change exactly how money is put on a game or a line on the game, that's why mlb really had to come down so hard to protect the business and revenue that they get from companies like mgm. neil: so why not nullify those championship years in the case of houston astros in 2017 or the red sox in 2018? >> that's a question being asked by a lot of people today and here is the problem, there's no way for the commissioner rob manafort or anybody to prove that just because the astros and red sox were stealing signs that
1:19 pm
that changed the outcome of the game. there's no way they will ever vacate a world championship or world series, what they will try to do is change the rules again, they hope that these punishments will serve as a deterrent to future behavior but what the other teams are doing right now is they are figuring out new ways to gain advantages, new ways to try to get a small advantage to get one extra victory which may lead to a world series victory. neil: all right, just to wrap up what you said, you believe that the new york yankees are, indeed, the dually recognized world series champions of 2017, did i get that right? >> absolutely not, not even place, i didn't say that in french, english or spanish. neil: i know. >> i know you were it were true but it's not. neil: always good having you, dave, thank you for explaining all of that, in the meantime keeping track of the next theme that we could drop on the whole situation and half a world away what's going in iran right now, the protests are continuing even
1:23 pm
authorities requested those responsible for accidentally shooting the ukrainian passenger plane but goes on and on here, former sect ray of state under bush 43 robert charles on where we go from here, secretary, always good to have you, we already have benjamin netanyahu weighing in from israel, that israel will never let iran get nuclear capabilities, the first time he has commented on all of this, what do you make of this? >> i think it's consequential times for the iranian people, we have things that we haven't seen in 41 years, 41 years ago this
1:24 pm
month iranian flipped, you got the islamic revolution which is antimodernization revolution, you have the exact revers where the people want modernization as i like to say they would prefer to have iphones than ayatollah's and the violence against its people is profound, the killing of 1500 protestors followed by the shooting down of the airliner followed by a number of other things has created mass uprising and the question is whether this is a tipping point or it's not a tipping point, there's an awful lot of right now. neil: you're a great student of history, unlike the iran hostage situation that galvanized the people around ayatollah, you know, take your attention way from this government and the
1:25 pm
economy that's collapsing around you and focused on the great state of the united states, the government now 41 years later is trying to make the same argument that the people aren't playing that game. >> yeah, i think that what you're saying the andy -- analogy is better to draw, this president, president trump is speaking directly to the people of iran and, in fact, it's a fascinating turn of events, he sent out 2 tweets which, you know, 113,000, 157,000 likes, that's more likes than any tweet in the history of iran and so, you know, what's happening here as people get more courageous, totalitarian governments also turns up the heat and i'm afraid that just before they executed the 1500 protestors, they
1:26 pm
disrupted their own internet service nationwide and that happened again this morning at 9:00 a.m. and for 10 minutes, i'm concerned that the world keep pressure including our european allies on iran and say, look, you cannot have another massacre here no matter how bad the protests become. it could end up in any number of ways, could end up with the government essentially flipping, could end upturning into an opportunity to negotiate a new nuclear accord, i think that what's fascinating to me to hear talking with those who know on the ground what's going on is that these people are not backing down, i mean, there are thousands in the streets today despite life fire and iranian people are saying enough is enough, we would like to come into the 21st century and sick and tired of being where you put
1:27 pm
1:28 pm
1:29 pm
so don't wait another day. physical coins are easy to buy and sell, and one of the best ways to protect your life savings from the next financial meltdown. today, the us money reserve is releasing official gold american eagle coins at cost. for the incredible price of only $154.00 each. these gold american eagles are official gold coins of the united states, and are being sold for only $154.00 each. pick up the phone and call america's gold authority us money reserve, with nearly two decades in business, over $1 billion in transactions, and more than 500,000 clients worldwide, us money reserve is one of the most dependable gold distributors in america. today, the us money reserve is releasing official gold american eagle coins at cost for the incredible price of only $154.00 each. these government issued gold coins are official us legal tender, made from solid gold,
1:30 pm
mined here in america, and fully back by the united states government, for their gold weight, purity, and content. do not delay. call now to purchase your gold american eagles, for the amazing price of only $154.00 each. gold is now on sale at prices unseen in years, and this year could be one of the greatest gold buying opportunities of all time. call now while vault inventory remains, and as one of the largest us gold coin distributors in the country, us money reserve has proudly served 100s of 1,000s of clients worldwide. don't wait another minute. call now to purchase 1/10th ounce gold american eagles for the amazing price of only $154.00 each.
1:31 pm
neil: all right. the wedding crasher is out crashing the internet right now actor vince vaughn facing mixed reaction after being seen with president trump during college football championship game last night. i think, brook, danny, of course, and my friend jonathan hogan weighing in on this, i think what caused the big fuss, what was the -- >> daily beast? >> they came and made big deal out of it and got reaction, i don't think it was getting the reaction that you would assume more conservatives irate about or liberals irate about, you know? >> a couple of people on twitter were angry, someone wrote it up and we all think this is a huge controversy, people are upset about it, honestly vice vaughn
1:32 pm
hasn't been in major movie since 2004. neil: someone is not a wedding crasher fan? >> i never was. >> how ugly and tribal we've become that people are gasped, you can enjoy a game from someone of the opposite party or same party, we have to remember even in political season that there's things that americans that unit us and we cannot just enjoy a football game together, my god, sharing football game. >> exactly right, we are not enemies, actually we love the same country we just seem to see things differently right now. neil: she was seen talking to george bush. it just got out of control. >> it sells headlines and two people who you never thought would be in the same box talking to each other are talking to each other. >> with ellen it's differently
1:33 pm
because she's seen a progressive, part of lgbtq rights, a betrayal to some of her fans, but vince vaughn, i think he's a libertarian, he supported rand paul. >> i don't think this is actually a big of outrage as people make it out to be and shouldn't be. >> i'm not outraged. neil: i'm not outraged now that you're not outraged, before i was outraged, now i'm not. luke skywalker, he's quitting because of the whole controversy political ads. >> so funny, the more celebrities quit, the higher the stock seems to go. more celebrities left and right seem to quit. what is he complaining about? >> he does not like facebook's policy toward political advertising. >> but anything goes. >> each of the social media companies, they are going to come up with their own policy
1:34 pm
and the customers, consumers, they are the ones that will ultimately choose what the winner is, to facebook's defense, everybody complaints. neil: keeps going up and up. >> they'll give every user all the tools, whether they want to see political ads, what type of political ads, to harp on facebook is missing the beat here. neil: what is their policy, anyone can lie? >> they don't take down ads that have lies or inaccurate facts; basically. neil: luke skywalker means that everyone leaves because it's luke skywalker? [laughter] >> if baby yoda left -- [laughter] >> i don't think anyone would leave facebook because mark will leave facebook, get off of it, it's destroying your brain.
1:35 pm
neil: all the technology stuff. >> absolutely. one less thing on your phone, i'm all for it. neil: on to the royals here. >> thank goodness. neil: canadian prime minister justin trudeau are things to work out about harry and meghan's move across the pond, pap razzies, who handles security, that could be expensive. >> so obvious, neil that the monarchy has outlived usefulness, these are the european kardashians and the kardashians aren't that interesting. i applaud the young people harry and meghan for leaving all this, i applaud it, look -- no, if they are going to renounce the thrown they should renounce at all and not expect that security will be provided at the canadian government's expense. if meghan has money from acting or jay z, they should hire celebrity. >> i agree completely, couple
1:36 pm
has net worth that's 30 million. that's their own money. it doesn't belong to the crown. neil: they made that independent of the crown? maybe not in meghan's case is association from the crown. >> i believe that prince harry inherit from his mother. okay, they can fund their own security and it would cost the canadian taxpayers millions of dollars and if they really want to be independent which i'm all for, they should send it themselves. >> it has nothing to do with we just feel like willing free willing and spending our own money in the country of our choice, it has a lot to do with the fact of the media being on top of them and treating them quite differently or -- >> it actually killed her and led to her death so he and she made a decision that they didn't want to be part necessarily. i mean, look, the media will follow them around wherever they
1:37 pm
go no matter where they go, but they we wanted to break off because of that. >> they called grace kelly princess grace kelly because in 1956 she married prince and -- neil: left all of that. >> she didn't expect the american government to provide security, she said i would take care of it myself, that could be a great model from the young royals to renounce the crown. neil, who has -- so did meghan. neil: she's parting from loyalty >> i think it would be a great step forward. only saudi arabia, back forward countries have kings. neil: they just started letting women drive. don't worry about that. >> wow, finally. neil: all right, we have a lot more coming up, judge telling city leaders that they have to allow the homeless and furthermore give them production, encampments and someone will pick up the tab, what do you think that is? after this
1:38 pm
1:41 pm
neil: new ruling that leaves some cities with fewer options when it comes to dealing with the growing problem of homelessness, dan spring near seattle with more on that, hey, dan. >> hey, neil, the ninth circuit court of appeals reveals that sweeping encampments as cruel and unusual punishments, cities are scrambling to deal with people encamping in public. in los angeles, the number of homeless is up 16% this year, in san francisco there are a thousand people waiting for shelters proopen up and encampments can't be enforced there easily. other cities enforcing anticamping laws, for 3 months,ty was taken over by hundreds of people in tents, the city built a couple of dozen tinny homes and increased the available shelter space by
1:42 pm
working with churches and other groups, that allowed tacoma to clear out the park last week and get everyone who agreed into a shelter, officials say this is a compassionate way to go. >> as long as we are providing shelter space or better yet permanent housing for those individuals that is absolutely better than sleeping outside. >> then shelters the homeless can get services like drug treatment and mental health screening but often people on the streets don't like the rules that come with the shelters so they resist and find other place to camp, advocates for the homeless are pushing for big investments in affordable housing, washington's governor wants to tap the rainy day fund and in california there's a plan to spend a billion dollars on the homeless problem. >> what we are hoping that cities will create housing, housing really is the solution to homelessness. >> with high cost of providing that housing most cities seem to be following tacoma's lead, announced camping bands will be enforced in denver and austin,
1:43 pm
texas this week with the homeless directed to shelters. neil. >> thank you, dan springer. phil murphy to push millionaire's tax in the state speech today, he tried it before, dierdre bolton has detail. >> hey, neil, the governor hoping it would be the third time is a charm, third amendment in 2 years, try to raise taxes on millionaire's in the garden state, republicans and then two members of his own party oppose him, democratic senate president sweeny said we cannot tax our way out of the situation, the millionaire's tax is a distraction from the real problems of the state, so the governor sees raising tax on the wealthy as leveling the playing field for low and middle-class families, but without just noting this, new jersey had highest percentage of outbound migrations, 68.85%, i spoke with
1:44 pm
him earlier, he said that some of his nj baseline want to leave the state, they want to move business out of the state, you can make the argument that it's fiscally irresponsible to leave the state. that's not stopping the governor or others from trying to do the same, a list of other attempts, senator warren of massachusetts proposing ultra millionaire's tax that impose 2% tax on household assets over $50 million and additional 1% on those exceeding $1 billion. senator booker of new jersey has called for a surcharge of sorts on states worth more than $10 million and locally for new york congresswoman alexandria ocasio-cortez suggesting a 70% income tax on income above $10 million. 3 states in the u.s. target those who are making $1 million or more, they include california, new york, connecticut, washington, d.c., obviously separate, they do it as well but the debate over
1:45 pm
income inequality certainly a hot issue especially within the democratic party we will hear more on the topic for sure later tonight during the debate, neil, thank you. neil: i think you're right, dierdre, thank you very much, why do people stay in new jersey if that's the environment and obviously to dierdre's point what the government is trying to do lower the threshold, right now is over 5 million to 1 million, money can move and that's something that making money charles payne pointed out again and again. charles, good to have you, a lot of states who have had surtaxes discovered that the money they thought they would be raising they can't and don't because the folks who make it wander, don't they? >> yeah, it's one of those topics that comes up a lot in decembers. it's amazing, there's a mass exodus, someone pulled fire alarm in california, new jersey, people are fleeing as much as they can and not just the top earners but, neil, people who want to be top earners, think
1:46 pm
about what dierdre just said, 70% tax on $10 million, i mean, why make a nickel more? why even strive to earn that if you don't put any effort to earn that, that means someone didn't get a job, a plant wasn't built, an extra laundry mat wasn't built, somebody didn't open gas station, it goes on and on, the economic ripples of this hurt the folks that they supposedly say they want to help, i'm kind of tired of saying that -- that these are unintended consequences, the governor of new jersey is brilliant, he's a self-made multimillionaire, he understands what's happening here, politics plain and simple and never worked other than getting people reelected. >> well, maybe he just paid your fair share, young man, we wouldn't have this problem. charles: every year i leave in tears. neil: that's me. [laughter] neil: thank you, my friend.
1:47 pm
see you in over 13 minutes from now. some new -- nutritionists are saying just be careful. ♪ he wanted a man cave in our new home. but she wanted to be close to nature. so, we met in the middle. ohhhhh! look who just woke up! you are so cute! but one thing we could both agree on was getting geico to help with homeowners insurance. yeah, it was really easy and we saved a bunch of money. oh, you got it. you are such a smart bear! call geico and see how easy saving on homeowners and condo insurance can be.
1:48 pm
tit's great actually, i've been listening to audible. it's audiobooks, news, meditations... gotta go! ♪ ♪ hey! you know, i do think it's weird you've started commuting when you work from home. i'll be in my office. download audible and start every day off right. hey. ♪hey. you must be steven's phone.
1:49 pm
1:50 pm
1:51 pm
don't know how long they could stay in effect but not instantly end with the signing of the deal scheduled tomorrow at the white house, don't know much more than that but a hint of that and there could be some bumps and the tariff thing isn't entirely resolved taking the wind part of the market sales, dow over 29,000, now giving up some of the gains, still in record territory, the other market averages reversed again on the news, we will keep you posted, impossible foods, ceo david lee in the last hour touting healthy benefits of plant-based products, take a look. >> i talked to a number of doctors, cardiologists and the like, this is better than the meat, real meat alternative it's not, you know, nutritional home run, what do you say to all of that? >> well, i say go to the numbers, impossible pork, wow, we got 60% less total fat, we have no cholesterol, we have nearly the same amount of protein, we have 40% less
1:52 pm
calories and 2 and a half times the iron. neil: that was the cfo, not the ceo, what he's saying is, you know, talking the book that this stuff is healthier for you, so we thought we would get an expert here back with us the registered dietitian and nutritionist bonnie, not to get too caught up in this, she knows of what she speaks, read it before you eat it, taking you from label to table, good to have you back. are you a believer when you hear like that, hey,i can eat as much of this stuff as i want. >> as long as they don't swallow it, i'm kidding, the reality is he said it is healthier for you and that's the part that isn't necessarily true because a lot of these plant-based burgers actually have a profile similar to meat in many respects. neil: really? >> some of them have saturated fat and guidelines say you shouldn't have more than 10%
1:53 pm
saturated fat a day. neil: a lot of the bad cholesterol and a lot of the good. >> they don't have cholesterol but even -- cholesterol in our diets is not as troublesome as the saturated fat in your diet and because a lot of them contain this coconut oil do have saturateed fat. neil: if you had to choose a whopper or better off with veggie one? >> if you want your burger to bleed -- neil: how do they do that, by the way? >> it's not so bad, but veggie burgers have been around for years, the problem is that they didn't taste like burgers, if they tasted like burgers, then they would have been popular a long time ago, so really taste rules when it comes to food. neil: they do taste like the
1:54 pm
real -- >> i do too. you shouldn't be eating as often as they like you to eat them but i think that this whole plant-based thing basically means you should make star of the plate and we know plants are good for us but the other part is you are eating lots of plants, you probably eat less of the things you shouldn't be eating as much of. neil: another thing when it comes to food, snoop dogg, getting on the whole meatless, teaming up with dunkin' donuts. >> that's right, y'all, that's that beyond meat sausage patty, with egg and cheese, a side of glazed doughnut, oh, wee, tell them snoop dogg sent you, i'm out. neil: i don't know, we have some of these here, they look
1:55 pm
delicious, i can't imagine that's allow calorie treat. >> i want to say i'm out too. [laughter] neil: because something better than awful that doesn't make it awesome, so this kind of thing is maybe better than what the original one was, but it's still going to be high on sodium, still has saturated fat from coconut oil, has a lot of things that are not that great for you. neil: look at this. why are you raining -- it's delicious. cheese, the egg, the doughnut, you have the whole basic food group, this is my food pyramid here. >> yeah, i hope it's the base of your pyramid. [laughter] >> i really always believe that everything -- if you enjoy it have it. neil: you're quite serious about this, it's not a joke to you that it's basic advice, you know, eat right, exercise more, that's what it all comes down to. >> it's boring information, we have to make the stuff sexy, plants --
1:56 pm
neil: better than alternative. you always hear better than alternative, better enough that you can guide people that you help out and try to get on the right track, it's a good start, isn't it? >> it's a great step in the right direction and i think that if you eat it, you know, once in a while as part of your diet, no big deal, i think it's a great idea if you enjoy it. neil: i always say it has to be enormous pressure when you go to drive through because everybody knows who you are and can't pick out a double whopper. [laughter] neil: bonnie, thank you very much, words to live by, common sense, do the healthy stuff, i understand it's really down to that. meanwhile elon musk is nearing 346 million-dollar payday, that's why he's watching his stock very, very closely, we will explain after this e to be . the world is customized to you. built for you. so why isn't it all about you, when it comes to your money?
1:57 pm
so. what's on your mind? we are edward jones, a 97-year-old firm built for right now. with one financial advisor per office, we're all about knowing what's important to you the one who matters. edward jones. it's time for investing to feel individual. nexthi. oh, susan what a surprise, you're here early! you know life line screening assesses your risk of stroke and cardiovascular disease. looks like somebody should have gotten screened. life line screening is the easy and affordable way to make you aware of undetected health problems before they hurt you. we use ultrasound technology to literally look inside your arteries for plaque that builds up as you age. after all, 4 out of 5 people who have a stroke, their first symptom is a stroke. so if you're over 40, call to schedule an appointment for five painless screenings that go beyond annual checkups.
1:58 pm
2:00 pm
details of the report, that took wind out of sails for stocks. that overstated, tariffs would stay in effect through 2020. maybe this is not that new. markets are digesting that, where the china thing stands. charles payne will have a lot more. hey, charles. charles: neil, thank you very much. good afternoon, everyone. i'm charles payne. this is "making money." stocks back in record territory thanks to blockbuster earnings. jpmorgan, delta, absolutely crushing it today, thanks to the american consumer. of course investors waiting on tomorrow's big trade deal signing between the united states and china. i will talk with former trump trade advisor curtis ellis. how big of a win for president trump and united states? the gloves are off, bernie sanders feuding with his rivals for the nomination including elizabeth warren. a heated war of words made of tonight's final debate in iowa. i think we'll see all
112 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1511092226)