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tv   Cavuto Coast to Coast  FOX Business  June 4, 2020 12:00pm-2:01pm EDT

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only seven. not good. and i, dear viewers, are still way underwater. i bought boeing at 331 and i still got it. it is now only at, i can't remember exactly what it is. 80. terrible, i'm under water. neil, it's yours. neil: well this whole job is a hobby for you anyway. you have so much money that is rounding error. stuart: very good. neil: stuart, thank you. listen anything i can do to sort of pound on that theme. we've got a lot going on here, including what is going on in new york. we told but the protests, have a little who are on that, because things are planned for tonight that could ease things considerably. but we're also getting word from new york mayor bill de blasio that phase two of that reopening is indeed still set for monday. you might have heard yesterday there was some concern he might push it back with the protests and disruptions in the big apple, but this will include
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outdoor restaurant dining. we're also hearing from new york governor cuomo this will follow pretty much what we have seen in upstate new york where eating establishments might not have in-store dining but make room outdoors on sidewalks, what have you. people are back to doing what they love to do. if this happens in manhattan, that would be a very, very big development. easier said than done in some locales because there are things like sidewalks. you can't flood that out into the street here but it is a positive development slowly but surely all the nation's urban areas are foaling suit, eventually deshelterring and also, reminding those who do go back, you still have distancing rules to honor. going to focus on the market just a second here, as stuart just told you. boeing a big reason for what could be happening here but the fact of the matter we're barely, barely up on the day here.
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i should point out the nasdaq 100 in and out of record territory. the nasdaq a little more than 1 1/2 to 2% from records. the s&p 500 and dow themselves about 8% or so from records. 8% from records. we have come back on all those averages at least 40% from our lows. remarkable comeback. despite all the concerns of late on protests in the middle that in new york city, what they hope to be a calmer night tonight. hey, laura. reporter: hey, neil. we're also talking about what happened here in brooklyn last night as well. flee nypd officers, badly hurt, two of them shot, one stabbed. while there is no known connection yet on what happened with those officers overnight and protests we've been seeing over last several days, the nypd, the fbi are looking at everything, everything is on the table. i want to play sound taken from
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a cell phone video of the incident last night. listen. [gunfire] >> [bleep] what is going on out there? now i just heard -- [gunfire] >> oh, [bleep], no. oh, [bleep] no. so these boys riding the wrong way up and down two first. we got about three choppers in the sky. i heard about 12 gunshots go off around the corner and these boys are spinning the whole block right now. they spinning the block, boy. they looking for somebody. reporter: the suspect allegedly stabbed one officer. somehow got one of the guns off an officer to shoot both officers on the scene. the fbi joint terrorism task force now involved. the fbi tweeting this morning
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this, last night's cowardly attack on the nypd left one officer stabbed and two shot. the fbi new york office is fully engaged. we respond as if one of our own was attacked. we will use every federal statute available to hold the perpetrator responsible. fbi agents and nypd are searching the suspect's home. nypd commissioner che. >> the perpetrator struck multiple times. he is here in critical condition. we had two police officers shot in the hand and we had the third police officer stabbed in the neck. all police officers at this point in time thank god are in stable condition and are expected to recover. reporter: meanwhile there was still plenty of activity with demonstrations last night there were 180 arrests of protesters
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breaking the 8:00 p.m. curfew in new york. in just a few hours a memorial prayer service will take place here in brooklyn at plaza park for george floyd who died last week while in minneapolis custody. his brother terrence floyd lives here in new york and will be on hand with other family members. that is getting ready to take place. once the service is over, the group here is expected to march over the brooklyn bridge into manhattan. neil? neil: laura, be safe yourself. laura engle reporting in the middle of all of that. obviously disturbing times. doesn't my next guest know it. darren porcher, former nymd lieutenant. lieutenant, good to have you. there is so much going on right now the police are being second-guessed in a variety of towns and cities and states. now this move afoot in minneapolis where the education system there, the schools there to disassociate themselves with the minneapolis police department. then you have lego which is now pulling advertising for
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police-related toys, what do you think of all of this? >> i think it is problematic when we look at the culture, we looking to introduce, we want to maintain that police and community relationship and that police and community relationship often times starts with the younger generation. so when we take into consideration lego, lego is a very important component in children understanding that look, police are good people. you should have confidence engaging with an officer for anything for that matter. when we move forward and we look at just the state of acrimony in connection with police and community, it's really setting off bells in the wrong direction. we're all in complete agreement that the death of george floyd was a catastrophic event. it shouldn't have happened this is the result of police misconduct. we need to spotlight that for the cause it represents. granted are there issues in connection with policing? sure. but let's let cooler heads
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prevail and let's sit to commit to a discourse where we can arrange a series of solutions and implement the benchmarks to take us to a better place from the policing perspective. from societal norm, the police and community need to have that relationship, when we take into consideration defunding police it only hurts us as a society, the social contract introduces protections for society which are afforded by government. as a result of this recent acclaim, it now fractures that relationship. neil: you know, barack obama yesterday, darren, talked about the idea maybe we need a top to bottom review of various police departments around the country and how they operate. i'm simplifying, maybe overly so, what this went down in minneapolis as well as other cases in recent months warrant such actions? some looked at that particularly in the legal and law enforcement community as going too far but
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what do you think? >> i'm 100% on the buy-in to looking into police practices and insure that they're quintessential and providing the necessary delivery of services to us as a public. what happened with george floyd, believe it or not, was a riot that happened prior to the incident. there has been a series of undertones within not just that community but on a national level in connection with the communities of color feeling as if they have been the recipient after miscarriage of justice. fine. let's get the major stakeholders, police executives, elected officials, community leaders, have them sit down in a closed-door meeting, coalesce behind the strategy that we can implement and then let's look back on this six months or a year later to assess after implementations were sound and make the adjustments accordingly but in the meantime, we need to
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now come together, coalesce behind us as a country, as opposed to destroying our neighborhoods, the select few individuals that are rioting are causing a black eye to the movement which i should say of positive protests that is afforded by the first amendment is now being overshadowed by the series of riot behaviors we see throughout the country. so we need to get to a better place. today we need to start. so when you mention are we going to look into police training or police policies, absolutely. i'm completely on board but let's let cooler heads prevail, get in the room with the proper stakeholders to move forward on that agenda. neil: darren, thank you very, very much. wise words all. appreciate it my friend. be well and safe. corner of wall and broad, sort of like a draw between buyers and sellers that despite what was, you know, weak news on jobless claims front. not as week some had envisioned.
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maybe a sign for about the 11th week in a row, at least the claims are declining and that is a trend that a lot of folks hope to see remain, market friend and economy's friend. jackie deangelis here to look at all of that. reporter: good afternoon, to you, neil. listen the damage on wall street could be worse today because of that number. we did hear 1.877 million people filed for claims last week. this is before the big unemployment report tomorrow. so a little higher than the estimate but still down for nine straight weeks and the market is looking at that trajectory, lower and they think it is a pretty positive sign. now the total number of claims in the 11 weeks since the coronavirus lockdowns, we're looking at an ugly number, 43.2 million people out of work. we know that may's unemployment report is going to be bad tomorrow. larry kudlow told us that last month and the market is bracing for it. not like the market will be surprised by this. still the unemployment rate
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protected to increase roughly to 20% which is a stark contrast when you think just earlier in the year unemployment was at 50-year lows. now the markets are marching a little bit higher today. the dow vacillating a little bit but the s&p 500 just had its biggest 50-day rally in history. the nasdaq is inching towards record territory. you're looking at a dow over 26,000. it is up more than 40% from its lows. annette dote tally, if you look at the 401(k) remember how ugly it looked when the coronavirus was peaking, depending what you're invested in right now you will probably find the numbers are just about where they were before the coronavirus started. so that's positive news for investors out there of all types. back to you. neil: all right. jackie, thank you very, very much. jackie deangelis following all of that, as is my next guest, dick grasso, former new york stock exchange chairman and ceo. dirk, it is always good to have you here. amazing how the markets have
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been so resilient in the face of not only the virus but the protests. they clearly are seeing past this as you often reminded me over these decades. markets are forward-looking and they're looking forward to better days. are you? >> neil, it is always great to be with you and i think what the market is telling you don't look at the measured period from the shutdown and i call it just that, neil. shutdown of the u.s. and global economies to reflect the pandemic. look at what happened previous to the shutdown and the market is saying, look forward to a resumption of that type of economic activity. but neil, before i give you my own point of view on that, let me say this about what's happening in new york city. i'm still chairman of the nassau county police department's crime stopper program, the third largest policing force in the
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nation. we're blessed in nassau county and certainly having grown up in the city of new york i was born in corona, raised in jackson heights and elmhurst. we have the largest police department in the nation. the nypd knows how to do it and they know how to do it better than anyone else. everyone that i have talked to in policing, neil, when the issue of george floyd's death, his murder, comes up, police from the cop on the beat to the commissioner are all disgusted by that video and what happened to mr. floyd. but let's separate the peaceful protests in search of both justice and reform from the anarchists from the rioters and the opportunists. public officials have got to step back, whether it's the mayor or the governor and let the nypd do what it does best, clear the streets, loyal, if you
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will, and vocal protests to reflect what happened to mr. floyd are part of the american way of life. rioting and looting and anarchists are not. that's what the american public has got to understand. njp go. is the best at what they do, and they will get the streets back to safe to that to your point on the economy, neil, as the mayor just said, phase two reopening on monday. we want people to be in the restaurants and on sidewalk cafes. we want them to go to theaters. we want them to resume the american way of life and believe me, neil, as i have said to you so many times, when the hours are darkest never bet against america. this economy will rebound faster than we've seen in prior cycles throughout the history of our country and it will rise. you said it well, neil, we're
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within 8% of the dow's all-time high. less than 2% of the nasdaq and the s&p. we're going to get there and we're going to blow right through it. neil: all right. from your mouth to, well, the market's ears, thank you very, very much, my friend dick grasso on all of that. as dick was speaking here, we're trying to get a handle on some of these protests that are planned across the country, 42 cities continue them right now. many for the ninth, 10th, or some 11th straight evening. all of this as we see texas police officers march with protesters urging peaceful cooperation. there is that. after this.
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♪. neil: all right. the first of three memorial services that are being planned for george floyd kick off in less than about two hours in minneapolis. they begin at 2:00 p.m. eastern time. they will be, similar events occurring elsewhere,most notably houston, his hometown. all this occurs as all sides try to remember this man who has become the epicenter of a huge
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racial argument in this country. congressman will hurd, the texas congressman joins us right now. he has been urging marching with protesters in houston. taking part in such protests and marching in sympathy with them. where you draw the line, congressman, very good to have you is the violent part and the extremes that even some of the more peaceful protesters abhor as well. what progress are you making on that front? >> it is hard. anybody who saw the video of george floyd was outraged. what these peaceful protesters and marchers are trying to do, continue to show focus and march for justice, and i participated in the march. people were peaceful. there was no chanting negative things about the police officers that were there, enabling our first amendment rights. you even had some houston police pd handing out water to some of
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the folks, but then you have criminals come in after these peaceful protests and are trying to take advantage of this situation. and you have criminals that are attacking police officers. that is absolutely unacceptable. anybody who chooses to attack a police officer, anybody who tries to kill a police officer, should be found and, every tool in the law should be used to put those people in prison. and those folks are taking advantage of a situation. and so what we need, one, i think political leaders need to let the police departments and the national guards do their thing and make sure they're protecting the first amendment right of peaceful protesters but stopping bad folks. we need to make sure federal law enforcement is sharing intelligence on some of these anarchist groups trying to foment violence and encourage rioting. we need to make sure that intelligence sharing that
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happens between federal law enforcement and local law enforcement continues to improve. we need the political leaders to start working in addressing the laws that has allowed a system where a police officer gets fired by a, head of a police department but they get put back on the police force because of ajudication process. these are the kinds of things that should be going on. i think when you see those kinds of change, you will see the peaceful protesters settle down and, that allows the police and law enforcement to do their jobs. neil: do you have any proof right now, there has been a lot of talk, fingerpointing, that antifa has been involved in a lot of these protests, even supplying bricks for those who want to hurl at police? i haven't heard any confirmmation but it is a suspicion. what have you heard? >> well there are folks that are affiliated with antifa that are
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encouraging people on social media to meet up on this block at this time to show the world x, y and zed, right? antifa, it is a loose affiliation of folks. there is other broader anarchist groups that are focused just causing, you know, creating chaos. when it comes to the bricks, this should be something that people should be able to be run run. many cities, local police said the things were used for construction. there is only one case, i can't remember the state, where they suggest this was put out for nefarious regions. nefarious reasons. there are folks that are using social media to encourage violence f you're encouraging violence you should be prosecuted as well. i know that federal law enforcement is working with our local law enforcement to make
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sure they have the intelligence to do this. the texas department of public safety, they're putting out reports on things that they're learning from and where protests are going to be, so they're prepared to handle and protect citizens but also protect their fellow officers. neil: real quickly, congressman, the president was interested in, you know, using the insurrection act to respond to some of this. know even his own defense secretary said that wasn't a good idea. others have questioned the wisdom of that, whether it could ignite still more fury. your own thoughts on it? >> i think using the u.s. military, active duty military as a last resort. we should be using national guard. that's what they're there for. they're prepared to deal with these type of situations. we should be making sure, federal law enforcement is providing all the support that they can, especially when it comes to intelligence for local police departments to do this. in my state, of texas, they said
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we can handle the situation and using active duty military, getting anywhere close to martial law is unnecessary at this point. thank you very much. see what happens. be healthy. be well. congressman will hurd of texas. meantime not just mad dog who is mad at the president. a number of top former and present military officials are also saying that the president is overstepping his bounds and dividing us. - i'm norm.
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♪ neil: there has been a change of heart on the part of donald trump, maybe not looking to the insurrection act or bringing in the military to deal with u.s. cities trying to get a
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handle on the protests. this comes as the president is responding to some sharp comments from his former defense secretary jim mattis. we'll get to that in a second. to what the president might be thinking now with blake burman. reporter: hi, there, neil, the white house continues to insist when it comes to the insurrection act, the ability to potentially put active military u.s. personnel on to u.s. streets to control some of the riots, they continue to say all options remain on the table though the white house says for days the president wants governors to take the national guard and put them to use. secretaries of defense though, past, present, most certainly right now, not in line with the white house when it comes to possibly invoking the insurrection act. let's talk about jim mattis for a second. pretty blistering comments. disagreeing with the threat from the white house, calling the into question the president's character and leadership. the mattis who left his post with policy differences, telling at "atlantic," quote,
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donald trump is the first president in my lifetime who does not try to unite the american people. does not intend to try. he tries to divide us. we're witnessing consequences of three years of this deliberate effort. we're witnessing the consequences of three years without mature leadership. the president responded in a tweet saying in part of mattis, quote, his primary strength was not military but personal public relations. i gave him a new life, things to do, battles to win but he seldom brought open the bacon. i didn't like his leadership style, much else about him. many others agree. glad he is gone. today the white house is backing the commander-in-chief panned had these harsh words for the retired four-star general. watch. >> it is obvious that the general doesn't have a clue what is going on in the american cities out there or is he actually worse, turning a blind eye to it? the president is solely focused on uniting this country and actually bringing back safety and security in our american cities. reporter: the fate of the current secretary of defense
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mark esper because he too is against potential use of the insurrection act. we're told president trump was none too pleased with esper coming out with that stance. the white house will not explicitly say the esper does not enjoy the confidence of the president. before you go, i want to mention real quick, we've been reporting last couple days on the white house economic meeting that would be happening. the president, his top economic advisors to talk about potential next step relief measures in response to covid-19. i'm told, neil, that meeting happened yesterday. no final decisions were made as to what might be in, what might be out. i am told that everything, optionswise, still remains on the table. neil? neil: all right. blake, thank you very, very much, my friend, blake burman, reporting on what jim mattis had to say which was a far cry when he was in office, particularly when he came out of office. it was not a tell-all book that he wrote, unlike other former cabinet officials who were either forced out or resigned on
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their own. back then when we were chatting about his book, he said he had his limits on this subject of criticizing his commander-in-chief. you did say early on, i'm old-fashioned. i don't write about sitting presidents but you did write about a former one. you didn't bash him but obviously barack obama relieved you of your duties as commander of september come, central command but there, i thought was very similar rational for you leaving your post with donald trump. concerns that both men were taking troops away at a time you didn't think was necessary. president obama in iraq and president trump in syria. that was a common theme. >> neil, as you know, you serve at the pleasure of the president, whether you're a cabinet secretary or a general and those words have to mean something to you. when it is displeasure, when it is not to their satisfaction.
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i bear no rancor to president obama or president trump. the constitution makes very clear the authority. neil: all right. that was then. what has changed now? now to hear mattis tell it now the protests, how the president is handling those protest, he says dividing us with his rhetoric and his action, amber smith, was his deputy assistant in the days when the secretary was the secretary of defense. she joins us right now. amber, is this the same, is this same mattis, is the same mad dog? >> so, secretary mattis is a great american. he was a, fantastic military leader but, i have to say this statement that he wrote was inappropriate. you could tell, he worked very hard at staying professional, staying above it all, and you could tell this was personal, i'm disappointed that he went about it the way that he did and, for a couple reasons.
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one, he broke his own personal code of conduct, that you just talked about with him in the previous interview from his book tour. he has scolded former military leaders who have spoken out against sitting presidents or even former presidents. so now we're seeing secretary mattis do the exact same thing. and too, he completely contradicted himself with the statement. he accused the president of the united states of being divisive. right now the, we're seeing unrest like we haven't seen before in the united states. instead of putting out a unifying statement, he just blames the president and, like you have to look at his letter as, is this helpful or is this hurtful? and his statement was exactly what he accused the president of doing. it just further divided the nation as we're seeing you know, washington, d.c., former defense officials, all having a different opinion on this, which
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is divisive. it is continuing to push americans even farther apart. so i, even with what admiral mullen did, when he wrote that scathing op-ed, why did he not give general milley a call? why did he not call him up, i need to talk to you? i want to give you some advice on this? why are they not doing it behind the scenes? i'm sure secretary, i'm sure general milley would have been happy to take that call. that is how you get things done. neil: how do you know, amber that is not being done? whether you talk about commander john allen condemning the president for the beginning of the end of the american experiment or the former joint chief of staffs mike mullen, his concerns president's rhetoric hurting us or even the defense secretary esper was against imposing the, the insurrection act, or bringing in troops to quell the violence?
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there does seem to be a patter here. you know these individuals far better than i. , i think in the case of mattis, he ask a patriot first, as a patriot concerned about the rhetoric out of the white house, some of the comments added fuel to the divisive fire here? on that level alone, wouldn't it make sense that he finally say, look, there is protocols, there is gentlemanly conduct but enough already? >> i would say if they are having conversations line the scenes it would be extremely ineffective to then publicly write an op-ed or publicly put out a statement that is throwing people under the bus. secretary mattis's letter, fueled the flames of the fire that we are seeing today. he threw secretary esper under the bus. if they're having, for a word he used which i think, if, my own opinion, i'm sure secretary esper said that in general terminology for the way that he
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speaks every day because of his job, maybe he would take it back. i don't know exactly. i can't reed his mind but, but publicly throwing him under the bus like that, how is that helpful? that is what i want to see from some of these former military leaders that are feeling as if it is their duty to speak out against this president. why are they not speaking out against the violent acts and violent riots that we're seeing destroy america right now? they want to talk about unity, okay, write a letter, more of what we saw with, what president bush wrote. that was not accuser to towards president bush. he talked about understanding people's concerns, working workh the peaceful protesters but condemning violence. that wasn't the attitude that we're seeing from these former defense leaders right now. neil: do you ever feel though, that maybe some of them are trying to get beyond the politics of it and are concerned
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about the president's tone? maybe you're quite right, that there are better ways of handling this, but if you're so frustrated with the language and the political shots he takes at opponents or sleepy joe, all that, that is come to be expected, i get that, that in this kind of time, in this environment, leaving pay side it is not very presidential, it only encourages people to think there is no one running the ship? >> i wouldn't say that. president trump has, you know, spoken out against the violent acts. when that comes down to, that some people, especially in washington, d.c., really do not like the president and they are going to find any single, you know, statement, any single acts, any, whatever they can, they, like we've even seen it with the semantics of tear gas versus pepper bullets, versus rubber bullets and riot agents.
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we're seeing words and semantics used to pushing whatever agenda everybody has. so i do not think it is helpful right now this is actually a huge embarassment to see former defense leaders coming out right now when we see, when we need unity. when we need togetherness andly, not only from the president of the united states but -- neil: i get that, amber, i get that amber, i respect you as well on this, but i do think if you're the big cheese, you have a bigger responsibility to act like it and i'm just wondering if you know, the president speaks his mind, i get that. i seen that. he got elected on that, but there is something more here than cheap political shots coming from, you know, men and women in the defense establishment who are saying, you are not helping the situation. is there anything that the president is doing for which he should take some reprimand for overdoing it, for igniting passions needlessly?
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>> well i guess i would say what are they saying that he is overdoing? he has left it up right now, he made recommendations to the states, to the governors, on the use of the national guard. he has kept it under state control, you know, aside from washington, d.c., that doesn't have a governor. he has made recommendations to the states, so i mean, they can't, they are speaking out when they're talking about insure recollection -- he insurrection act. he hasn't enacted it. maybe he has troops staged in the area that are needed. people need to remember the context of military troops, of the national guard being used. it is to restore order in communities. it is to prevent these violent criminals who are destroying businesses, destroying people's lives, killing people, beating people to death in the streets
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and setting cities on fire. they are there to help the lawful americans and the citizens who are peaceful protesting. i think one of the biggest problems that we have seen is that people are starting to conflate peaceful protesters and violent acts and violent riots. they are not the same thing. everybody supports peaceful protesters but you cannot, peaceful protesters have to comply with the law. they have to comply with mayors cure if -- curfews. they don't get to spread graffiti and vandalize monuments and set buildings on fire. neil: i appreciate that. getting bugged here by a hard break as they call it. very good catching up with you, listening to attorney general bill barr. he is talking about the george floyd killing, measures at a federal level we can take to look how we treat these matters and many, many more. we're on top of that more after
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♪. neil: all right. you are watching fbi director christopher wray. he and attorney general william barr are saying it is undeniable right now that a lot of americans, african-americans, more to the point lack confidence in the justice system and that this must change. they didn't indicate policies that would constitute what they would change or how it would go about it. it was barack obama yesterday, you might recall who said maybe a lot of police departments across the city, across the country, i should say, should do a top to bottom review they handle these matters, racial matters, more to the point. i don't know what the plan is what they're proposing. they do acknowledge, since, the killing right now of george floyd they are addressing something that needs addressing. in the meantime we're following the reopening of
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america. we told you how new york city plans to begin a phase one reopening as soon as next monday, as the state itself, one of the heartest hit states in the country from the coronavirus moves on to phase two. all of this as, a lot of sports and sports teams and associations are itching to play ball, especially major league baseball. charlie gasparino on top of that. charlie, what are we hearing? >> neil, we've been reporting the story out for a while and i talked to people associated with the owners and the league, people, associated with the players. the feeling i'm getting now, it is the most pessimistic i've seen since i've been covering this about major league baseball trying to reopen, at least a shortened season amid the pandemic. the negotiations i understand between the players and mlb essentially at a standstill. last night, the, the, league
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summarily rejected a plan by the players to extend the number of games to have their salaries. they essentially make more money than under the plan envisioned by the league. they rejected that. from what i am hearing inside the players union, that they have been told there is not going to be another plan delivered to them. that said, neil, it sounds really bad and it is. they're at loggerheads. there is no doubt. you have to see my email traffic. there is some light at the end of the tunnel a little bit. at some point someone is going to bend here, i think they know if there isn't a season this year, it is going to be disasterous for major league baseball. you know, you could see talks heat up today or tomorrow. there is definitely something is going to happen. that said, the rhetoric is pretty amazing on both sides. i should point out what we're hearing from major league baseball is that they're taking the position that, that they, there has to be a es zoo son
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based on a march agreement they signed with the players, the last collective bargaining deal. i'm told there has to be a season, i'm connecting the dots. it sounds like, they think they can compel them in court to play baseball, or at least honor the contract. that's the way it seemed to me when i asked this question to league officials. again, the mlb, the mlb players are saying that they're proposal, last proposal given to the league on sunday was rejected yesterday summarily. so that is where we are right now. it is pretty tense. it is a developing story. i think we're going to know more whether there is a season in 2020. there are some people who are pessimistic. the league officially isn't. we'll know in the next couple days. neil, back to you. neil: thank you, my friend, very much. as he was wrapping up there, i'm just seeing bulletins we're getting from attorney general
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bill barr said extremist agitators like antifa are hijacking these protests, that the government is going to do something about it without detailing what that might be. stay with us. as business moves forward, we're all changing the way things get done. like how we redefine collaboration... how we come up with new ways to serve our customers... and deliver our products. but no matter how things change, one thing never will - you can rely on the people and the network of at&t... to help keep your business connected. sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected. depend. the only thing stronger than us, is you.
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♪. neil: all right.
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new york city might still have curfews in effect right now that will begin at 8:00 p.m. but in washington, d.c., the mayor just announcing she is dispensing with them. mayor bowser and police chief announcing that national guard troops, further from other states should be withdrawn from the nation's capital. there is a struggle back and forth here whether even the presence of guards men adds to the agitators here but at least in washington, d.c., the mayor seems to be saying there is no need for that. that things will be calmer. she should hope so. if people get word that guard troops or curfews are off, anything can happen. there is no real immediate concern for that. in new york city as i said, they're not taking any chances. for the time-being there will be a heavy police presence. there will be national guardsmen around there, soon a curfew at 8:00 p.m. tonight. that is the big apple. not apparently in the big cap call of the united states.
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more after this. and you could name many, many cycles like that over the years. my generation, having come through so many wars and so many things... persistence. it's the heartbeat of this country. stick with it. ♪
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things that have nothing to do with the protests. hillary vaughn following it very very closely from our nation's capital. hey, hillary. reporter: hey, neil. today looks a lot different in front of the white house than it has the past few days. you can see this entire roadway is opened up. there's no longer a human barricade of law enforcement and military blocking protesters from the white house, and the protesters have significantly dwindled down. they are all now on the sidewalk. before, they were flooding this entire roadway. cars are freely passing. but there is a focus shift happening right now. the department of justice is turning its focus on who has been responsible for the violence, the unrest, and the assault on officers around the country over the past few days. we did just hear from attorney general william barr, who says that the protests have been hijacked by professionals who are professional at provoking violence and unrest. barr says they have seen
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evidence of antifa being a part of these protests. he says they are receiving realtime intelligence on the ground and responding accordingly to any popups of violence. law enforcement has spotted members of organized groups like antifa and different protests. one official tells fox news that the u.s. attorney's office is developing several cases looking into these extremist groups. today attorney general barr says they do also have foreign actors that they have seen that are playing all sides in order to keep instigating this violence. we also are learning that federal law enforcement officials are looking into supports of supply dropoffs by the box of bricks and rocks that are then being used to be thrown at police. you can take a look at this video that was tweeted out by the new york police department commissioner who says this is what they are up against. organized criminals stashing away loads of bricks and other items. they are looking into who is behind these dropoffs and also who is paying for it. in d.c. alone, 80 u.s. park
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police and secret service have been injured since the weekend. many of those injuries are for objects that have been thrown at their head like bricks, rocks and bottles. we did hear from new york governor andrew cuomo today, who says troublemakers who are looting, using items like crowbars and pipes to break into businesses, should be arrested and held on bail. >> to the new york city district attorneys, you look at these videos, it would be nonsensical if the police were arresting looters and they were then being arrested and returned to the street the next day to loot again. reporter: neil, one other change that we have seen here in d.c. the white house is building a perimeter, a fence expanding the perimeter of the white house.
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we don't see a lot of military officers out today. we do see the extension of a fence being erected from the white house grounds towards the washington monument. neil? neil: be safe, hillary. thank you very much. hillary vaughn in the middle of all that in washington. meanwhile, i want to show you some of the big crowds that are gathering in brooklyn, new york for another day and night of protests. kristina partsinevelos on top of the latest goings-on in the big apple. kristina? reporter: neil, we had almost 200 arrests here in new york city but law enforcement, witnesses are saying the damage and chaos is a little more subdued than previous nights. just over last night, we saw several of the protesters, you know, walk over, all over the city but several of them made it further north to gracie mansion. that is where the mayor of new york city lives. many of them taking a knee in front of his front steps. as you just, when you were saying at the top of the show what was happening now currently in brooklyn, though, is another
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gathering. this is for george floyd, his memorial. george floyd's brother will also be in attendance in brooklyn. the plan is it's starting at 1:00 p.m. eastern time so it's already begun, they will eventually cross over the brooklyn bridge. we are all anticipating this to be peaceful but definitely a different scene than what happened last night in brooklyn. there was a knife attack on an nypd officer. he was stabbed in the neck. two other officers were shot. but the suspect is in critical condition. they do have him. this is an ongoing situation and mayor deblasio, very very recently, just within the last 20 minutes or so, commented on that particular attack. listen in. >> absolutely unacceptable to attack a police officer in any way, shape or form. we will not tolerate it. there will always be consequences. it's not an unfair action to say in the context of crisis, in the context of curfew, there is a
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point where enough is enough. reporter: i think enough is enough is definitely a word, a sentence used by many in this city, especially in the area i'm in now. i'm in chelsea. we came here because this area is dominated by a lot of businesses, spotify, buzzfeed, dwe wework, but those are all closed. with regard to the opening on monday, the phase one, many of these businesses here won't see any type of movement for quite some time. we still have the curfew that is in place until 8:00 p.m. eastern time all the way until sunday. i just spoke to one liquor shop, the owner of the liquor shop, and she said she's just seen her revenues completely down despite it being an essential business, and she's worried it's going to continue to stay down for months to come because a lot of these businesses here, these larger corporation headquarters, are only going to be reopening in waves. that's going to affect her business. i guess at this point, i can end and take the words if from deblasio. enough is enough.
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back to you. neil: thank you very very much. i want to bring bill simon into the mix, the former walmart u.s. ceo. you know, bill, at the very very least, to say of these small stores, businesses that have been shuttered as a result of these protest attacks and i should say more the violent attacks that have nothing to do with the legitimate protesters, but it is what it is, and it is delaying a lot of them from ever opening post the virus, i'm wondering what the spillover effect of this is going to be, especially if the attack part of it keeps going on. >> well, you know, if you put yourself in a position of a small business, they have been shut down for months and in that shutdown mode, they are in a cash preservation mode. the only way they get to survive is if they manage their money very very carefully so that they don't pay all their bills and go out of business and none of them, none of them anticipated they were going to have to deal with theft and looting on top of
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that. so they are in a real cash pinch to begin with. then you put this right on top of them. it's going to be very very difficult for a lot of them to come through this. neil: you know, several target stores were targeted, no pun intended, as well. forced better than a dozen of them in certain areas to close down. very few have reopened, because they didn't want to chance it. i'm wondering whether people will get anxious about going to any type of retailer where there are protests mounting, not the peaceful ones, the ones they fear will get to be anything but peaceful. >> we have to get past this and i think we will. hopefully we have turned the corner on it, on the violent part of it, and the voices of those people who need to be heard can be heard, and not, you know, not terrify the rest of the world. we are a consumer-driven economy. without the consumer, it's going to be very difficult to recover
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from the covid impact. neil: you know, the minor selloff notwithstanding today in the market, through this, it's been fairly remarkable to see investors seeing past this, seeing past all the disruptions, the protests, all the controversies, all the heat, all the agitation, and assuming this will lead to cooler heads prevailing, much of their optimi optimism is on the reopening of cities and states and the virus, the worst of it, might be behind us, do you agree with what the markets -- again, today's minor selloff notwithstanding -- versus what, you know, many in the media are reporting? >> i don't, you know, if i knew what the markets were going to do, i would be -- i would be all set. but i would tell you that the consumer is ready to come out and the places that have been open and the retailers that have been open and been able to stay
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open have seen a demand that i think surprised a lot of them. that's probably driven by the amount of money that's been put into the market by the fed and unemployment and stimulus checks, and as long as that continues, i think that will provide us the impetus to have a recovery, notwithstanding violent protests. neil: bill simon, good catching up with you even under these circumstances. thank you very very much. former walmart ceo. steve moore is with us right now, former trump senior economic adviser, bestselling author, "wall street journal" brainiac. you know the drill. steve, let me get your take first of all on what you see going on across the country, you know, the president doesn't want to escalate this but now there are former members of the administration and others saying his rhetoric does. you have heard that from jim mattis and others. what do you think? >> well, look, for the good of the country, putting politics aside, we have to stop the
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violence and we have to use any means necessary to do that. not calling for the military to intervene. it may come to that, i hope not, it looks like the rioting has really settled down and might be past us. but as trump has said, the number one function and objective of our president is to make sure he keeps our people safe and so it's not tolerable to allow people to continue to riot and criminal behavior in terms of these cities. then by the way, neil, the people who are being hurt by far the most, this is the thing that's so catastrophic about what's happened in the last week, is that it's the minority businesses. it's the people who live in these neighborhoods that are being ransacked, that will pay unfortunately a very heavy price. data shows from past rioting, neil, that people live in those neighborhoods oftentimes suffer big declines in the values of the properties that they own, they have far fewer jobs as people move out, and so let's bring an end to the violence and
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get back to trying to rebuild the economy. neil: do you worry, though, that maybe the signal of these protests is that this lasts longer? the very fact you had bill barr, and fbi director christopher wray talking about steps maybe at the justice department level they can take to look into matters like these, that is, you know, racial policies, that we haven't looked at on a federal level, is it time to look at them? >> probably. yeah. but look, i am very tired of this idea that somehow, what happened in minneapolis, in any way excuses the violent behavior that is causing so many people to be hurt and so many people to be actually murdered and all the property damage that's being done to people who had nothing to do with what happened in minneapolis. i think the single most important thing frankly is for these cities to start looking at the video and find these people who have caused so much damage and so much -- these are just
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criminals. so you can see i'm very angry and frustrated. i actually think the president should take -- should be taking a much stronger stand. i think, look, what you're seeing out there on the streets, 2% or 3% of the people. 90% of americans are disgusted by this behavior and they want to see it brought to an end. now, i wanted to say something if i could about that question about the stock market. the most amazing thing that i'm seeing is in the midst of some of the worst riots we have seen in 25 or 30 years, as you just pointed out, the market is basically reaching, you know, all-time highs with respect to since the coronavirus hit. i think that's a positive sign. it's a positive sign that investors around the world believe this will come to an end and we will start getting back to some degree of normalcy. i'm not quite as optimistic as investors are but you can't argue with the market. neil: i'm wondering, back to the markets and what they could be saying, too, maybe they are
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factoring in still more stimulus here and i'm wondering if it's necessary. it does seem to be a moot point because we were obviously getting ready and both parties seem to be on board with more stimulus checks going out. i don't know the prospect of a payroll tax cut that the president wants but that more stimulus is on the way and i'm wondering if things should run their due course here, or is it too late for that? >> that's almost a trick question. you know where i stand on that, neil. i hate the term stimulus. you broke moore's rule there by calling these checks we are sending out stimulus. they don't stimulate anything but government. we are seeing massive growth in government. you may have seen my piece in the "wall street journal" on monday where i pointed out if we were to pass another $2 trillion or $3 trillion spending bill as passed the house, we would for the first time in american history have government spending at all levels more than 50% of our gdp. that has never happened before,
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neil, in american history. even at the height of world war ii when we were fighting the nazis and the japanese, we never reached that level of government spending. i think government spending right now is a negative for the economy. it will hurt the recovery. and what i have advised the president, i know my buddy art laffer is saying the same thing, stop the spending, don't do any more quote stimulus. if you have to do anything to help the economy, now that we are in a recovery stage, why don't you give a break to the workers who have been working through a payroll tax cut and then help the employers hire more workers by reducing their payroll costs. i don't understand why republicans seem to be maybe backing away from that. it's good policy and good politics. neil: maybe because they have a president doesn't seem to have a problem with the spending, right? >> yeah, but neil, that's all true, he has said he wants to spend more money but he has also said loud and clear at every
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private meeting i have been in and publicly, he favors suspending the payroll tax. republicans out there in the senate, get behind this idea and basically ask nancy pelosi why you don't want to increase the paycheck of every working american by 7.5% while we're in this crisis and getting out of it. i don't think she has a good answer for that. even minorities who are already at minimum wage would get a 7.5% pay raise. why in the world is she against that? neil: we will watch it very closely. always good catching up. i like the subtle money angle with the green tie today. very savvy on your part. >> no more calling it stimulus, okay? no more calling this stimulus. neil: understood. relief, not stimulus. thank you very much, my friend. steve moore on that. we told you about lego pulling ads. i didn't realize that among the items they don't want to promote as well, the white house. really?
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your wireless your rules. only with xfinity mobile. now that's simple easy awesome. switch and save up to $400 a year on your wireless bill. plus get $200 off a new samsung galaxy s20 ultra. neil: las vegas open for business. outside the bellagio, love the
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fountains there. little elvis to get back in the mood there. there will be strict limitations on distancing and all of that. casinos have this plexiglass between players. it's a little surreal but again, back to business. again, we are seeing this across the country. we got word, of course, that new york state is ready to move on to phase two of opening. that will include outdoor restaurants and a little bit more of that activity. not quite at that stage yet for new york city and the metropolitan area but close to phase one beginning with some reopening next monday. liz peek is watching all this very very close. liz, obviously it's a long way from business as it was, but business nevertheless. then we got another economic number out today, claims though increasing, the momentum is slowing. i think it was for the 11th straight week. what do you make of what we're looking at now? >> i think the economy is coming back to life very
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enthusiastically. look at the apple mobility index. this is an amazing tracking of sort of general activity in the country. it is actually higher now than it was in february. remember, there are states like new york which are still partially shut down so i think actually, we have seen economists raising their projections now in the second half. one group that i follow is talking about third and fourth quarter being up 20% quarter to quarter. we are going to have really quite a lot of momentum i think going into the end of the year. that's really good news. neil: you know, what's interesting, when you look at some of the averages, never mind the fact that the nasdaq itself is within spitting distance of a record but the nasdaq 100 already at a record. those are non-financial institutions, i know, but they have been soaring. we have seen the same with small stocks doing well. the dow transportation average doing well. for those who follow the dow
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theory, that could be a h harbinninger of things to come down the road. what do you think of all this? >> again, i think that we are seeing signs of life and indicators amongst truckers, for example, and mortgage applications and all kinds of data which indicate that people really have -- trump has talked about pent-up demand. there absolutely is pent-up demand out there. i think people are really ready to get their lives back, get in circulation again, but as far as tech is concerned, remember, we have taken the entire boomer generation and all generations much farther along the road of becoming tech-savvy than any other event has ever accomplished. everybody now is using zoom and various kinds of google and microsoft products that they never heard of before. this is really a big deal. i think it's very good news for tech. i'm not so sure it's great news
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for cities, because you know wham! hearin what i'm hearing, a lot of offices are not going back to full office-like activity for a long time and there will be more working from home. good for tech, maybe not so good for businesses that cater to offices. neil: liz peek, we shall see. very good catching up with you. my friend liz peek, follows the markets better than most people i know. in fact, more consistently than anyone i know. we have a lot more coming up, including major league sports coming back. the nba, get this, will resume their season but i don't understand this. it's a limited season, it could be a limited number of teams, it could roll out in the weirdest way but they're back. after this. hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi,
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neil: all right. amazon is facing some legal
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action on the part of at least three amazon workers at a warehouse for the company in staten island. they are suing the company because of exposure to the vi s virus, one that passed along to a relative who eventually died. susan li is following up on all this. hey, susan. susan: three amazon workers, three relatives, one that tested positive for coronavirus, then spread it to a cousin who fatally died from the disease. now, all three of these amazon workers worked at the staten island distribution center, which went through a walkout and worker strike at the height of the coronavirus spread. the lawsuit being filed in brooklyn court. we saw a similar lawsuit filed in oregon, again complaining about the worker conditions and they are not after money here in this lawsuit, i should point out. what they want is amazon to adhere to stricter safety guidelines. that includes more ppe for its workers as well as i mentioned, there was a similar lawsuit filed in oregon, also a
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statewide complaint in california and a similar complaint in france which led to nationwide protests there at amazon distribution centers. if we can bring up the statement from amazon that was sent to us in regards to this lawsuit. they said that from early march to may 1st, we offered our employees unlimited time away from work and since may 1, we have offered leave for those most vulnerable or who need to care for children or family members. they say that they are spending a lot of money to keep their workers safe, between $4 billion from april to june on covid related initiatives. now, over 800 employees according to an unofficial employee count have tested positive for covid-19 across multiple states and many distribution centers across the u.s. and part of that $4 billion is jeff bezos, the amazon founder and ceo, he wants to test each and every worker, also temperature checks when you get in and some say that in these o these stay-at-home winners, because we know that business is booming. the stock price hit a record, they are hiring 175,000 with
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125,000 of those jobs being made permanent. as we know, neil, when amazon wants to solve a problem for themselves, it usually turns into a business like cloud was six years ago. neil: thank you. we will watch it very very closely. susan li on all of that. new orleans saints quarterback drew brees is finding out the hard way that when you state your opinion and get an outcry in response for saying that ignoring the national anthem is equivalent to disrespecting the flag, well, you pay dearly for it. here were the comments and since, his followup remarks. >> i will never agree with anybody disrespecting the flag of the united states of america, or our country. let me just tell you what i see or what i feel when the national anthem is played and when i look at the flag of the united states. i envision my two grandfathers who fought for this country during world war ii, both risking their lives to protect
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our country and to try to make our country and this world a better place. neil: all right. an enormous outcry over those comments, including from fellow teammates, i cannot read this guy's, essentially it was overdone and he feels bad if he's offended anyone. i think that's the gist of it. my vision is horrible. all right. doug eldridge is a sports agent extraordinaire, sports encyclopedia. it is interesting, thinking about his situation, he did a 180 on something that used to be, you know, not debated and in fact, would be welcome. not in this environment. not right now. what do you think? >> well, you hit the nail on the head at the end when you said not in this environment. these are by any metric or measurement absolutely socially and emotionally charged times. it's a strange day when drew
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brees of all people gets vilified. you can disagree with people but to take it to the extent of calling him a racist. one of my favorite nfl clients always said well done is better than well said. when you look at what drew brees has done and done well, $5 million this year to the state of louisiana for coronavirus, $33 million over the course of his 19-year career to cancer related charities around the world and don't forget, it was drew brees and his teammates getting arm in arm and hand in hand post-katrina in those neighborhoods, those parishes, to help bail and bucket people out. i think when you look at what he's done, and calm has to prevail. taken as a whole, drew brees has certainly been a standup guy for the nfl. but again trngs indica, it's in the times we're in right now. it's very emotionally charged. neil: that, i get. he said i never disagree with anybody disrespecting the flag of the united states of america but he later tried to explain he stands with his teammates fighting for racial equality and
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justice. at the same time with the military past and present, he had talked about his two grandfathers who had served in world war ii. my only point in mentioning this is are they mutually exclusive? you can obviously stand for the national anthem and the flag, as you can for speaking out against things that desecrate that, including, you know, racial violence and the rest. >> of course. and you and i have discussed this in the past. we have always said two things can mutually co-exist and be true at the same time. i have the benefit of kind of a duality of perspective. i'm standing in front of a flag that's hung in my office for 12 years because it hung in front of my home for 27 years. my dad is buried in arlington national cemetery, my mom is present of the gold star wives and serves as an arlington lady. on the other hand, i have been so privileged to represent some of the most talented and perhaps even better people than they are athletes of african-american and arabic and asian and caucasian descent and having the opportunity to talk with them
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and hear their perspective on experiences that i haven't shared gives me the opportunity to see the broader picture. i'm not saying drew brees was wrong. i'm not saying that those who have an opinion so strongly against him are wrong. i'm saying perception is reality. perception shapes emotion, emotion shapes call to action. drew was fervent in his stance and in his mind, he was right. those who criticized him were equally fervent. as i talk to you, i realize that i'm standing in front of a flag that is incredibly important to me, as is my family on the whole. but i also value the perspective and insight that i glean from my clients who speak so passionately and emotionally about this. now, one thing i would take it back to, something we discussed in the past. that is, what is your objective? protest or progress? if we are focused on the latter, look to athletes who garner the attention but then transition and develop traction toward actually engaging and accomplishing the goals of the initial protest was designed to garner. that's where the progress comes into focus.
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the nfl and nba have no shortage of athletes that can lead by example. one of the best mandela quotes of all time was when he was talking about sports power to unite the world. he said it has the power to unite like little else does and it can create hope where there was only despair. who better to speak on the topic than the late great nelson mandela? i say all that to say, it's easy in times of high emotion to judge and give quick takes, where reaction overtakes rationale. and perhaps that's where we are right now which is why i said cooler heads prevail, let's step back, let's listen, and have called into question, let's point to records because well done is always better than well said and to my knowledge, drew brees's record thus far is beyond reproach. neil: i'm wondering real quickly, if you can, whether you will be looked at suspiciously if you don't kneel at the national anthem in the football season. what do you think?
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>> you know, that's a million dollar question. who knows. it's both a long time and a short time until september. some of these weeks feel like they are 20 days long and some of these months pass by in the blink of an eye. who knows. but i keep coming back, not to sound redundant, but calmer heads always prevail. that doesn't take any of the merit or the urgency behind this movement but if we can sit down at a table and actually talk about the broader issues and from there, calculate an action plan and then develop our team and implement them, it creates a different paradigm. to your point about kneeling, i think there's going to be a large contingent that do. right now, the nfl doesn't have a regulation in place to govern it. they really came together with popsicle sticks to say if you have an issue stay in the locker room, otherwise if you are on the sideline we expect tou styo stand. i have no doubt they will most assuredly address it between now and september. neil: my prediction is the league will do a complete 180 on
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this subject and almost demand taking a knee. rather than standing. we will see. doug, always good having you. great perspective historically on all this. doug eldridge. meantime, we were showing you what's going on that puts this in rather stark, sad perspective. memorial services being held right now for george floyd. this is one in brooklyn right now after one that is coming up from minneapolis. we will see them in houston. this is something far bigger than they thought in brooklyn. crowds are right now numbered in the thousands. we will keep you posted. ♪ ♪ ♪
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robinwithout the commission fees. so, you can start investing today wherever you are - even hanging with your dog. so, what are you waiting for? download now and get your first stock on us. robinhood. neil: all right. now we have entered a little bizarro world where anything associated with police, it's one thing to protest.
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it's quite another for major retailers and companies to disavow any connection with them. lego, for example, pulling advertising for its police related toys. it's already donated about $4 million to fight racism and inequality, all that good, but disassociating itself to the degree it has not only with the police but even the white house, white house related legos not in fashion anymore, not to be promoted anymore. jackie deangelis is following all of this. jackie? reporter: that's exactly right. lego temporarily has ceased some of the advertising associated with the products that you were just showing on the screen. anything that includes police or images of the white house within their lego sets. they sent an e-mail yesterday to affiliate marketers removing the products from their site and any marketing materials or asking for that, should i say. when pressed on this decision, lego emphasized that the move pertained only to the promotional materials, not
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necessarily removing the sale of the actual lego sets, so it regretted the misunderstanding. in a tweet and also in a statement, lego said we have seen incorrect reports saying we have removed some lego sets from sale. to be clear, that is not the case and the reports are otherwise false. our intention was to temporarily pause digital advertising in response to events in the united states. we hope that clears things up. having said that, this is all coming in the wake of the george floyd death and also civil unrest experienced across the country because of it. but there's another layer here, neil. as the minneapolis board of education votes to end its contract with the city's police department providing school resource officers, protesters across the major cities, across the country and they are making this a defund the police rallying cry. new york, philadelphia, los angeles, they are just a few places where protesters are demanding that cities shut down police departments in order to
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fund social programs like housing and health care. former new york police department police commissioner told us to be careful what we wish for. listen. >> to defund it will just be a serious blow to recruiting qualified people and in fact, will make cities much more dangerous than they are now. reporter: it may not be the most realistic idea to think of but we spoke to one other former police official who said look, there's a social contract here and it's imperative that protections by government in exchange for us living in a society to be free and tranquil is extremely important. they don't necessarily see this moving farther than a rallying cry but it really gives you a view of the zeitgeist and sentiment on the street right now. neil: yeah, it is what it is. jackie, thank you very very much. edward lawrence now in washington. it's not all protest focused unless you are talking about
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protests going on in hong kong and how the chinese are cracking down and we are not accepting it. edward has more on that. reporter: yeah, the senate banking committee actually taking this up and reviewing the u.s., how the u.s. is responding to that new national security law that beijing is trying to impose on hong kong. the administration currently in the process now of removing or stripping hong kong of the special trade status. the financial secretary in hong kong says that would actually hurt the u.s. more than it hurts hong kong because hong kong is the seventh largest importer of u.s. agriculture without tariffs at the moment. remarkable thing happened in this senate hearing. one of the witnesses in the senate hearing was actually in hong kong. he was arrested last night as part of the vigil to remember what happened in tiananmen square. he believes that he could be arrested just for taking part in the senate hearing. listen. >> hong kong people now have to
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face the fact that you take a personal risk to make any stand in hong kong. so i don't know what would happen to me because of my role in tonight's candlelight vigil but i would only say that, you know, i'm ready to face the consequence. reporter: witnesses saying that china needs to be held accountable but target the responses to affect mainland china, not the people of hong kong. democrats took the chance in this hearing to take shots at president donald trump saying that his silence on protests a few months ago opened the door for this law. senator menendez there saying that inaction from the president during the protests a few months ago is the reason it gave the green light to president xi jinping to go forward with this
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new law to crack down in beijing or in hong kong, i should say. other democrats say that the president needs to be more aggressive and actually hit china where it counts, in the political leader's wallet. they say that any sanctions need to take money out of the political leaders in beijing and hold it back. one more thing, neil. two banks in hong kong, hsbc and standard chartered bank, both now say they will support the national security law. they have a large footprint in hong kong even though they are a london-based banks and you know it could be devastating to the nba business in china and hong kong if they did oppose that law. back to you. neil: all right. thank you very much, edward lawrence on all of that. we have a lot more to monitor here, again, with this tit for tat on airline traffic between our two countries and how the chinese are responding to that. we also have more openings to tell you about across the country. we told you about new york state moving largely to phase two, opening up restaurants and the
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like. phase one begins in new york city next week, not quite there yet. but very very close in terms of allowing curbside pickup at stores and that kind of thing. in new jersey, opening up outdoor dining, some retail stores and the like beginning the week after that. june 15th. stay with us. the process is continuing. massmutual healthbridge is a free life insurance program just for healthcare workers fighting covid-19. learn more at massmutual.com/healthbridge ♪
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neil: we told you that outdoor dining will begin very very soon in new jersey. this follows a trend nationwide, even among some of the states that were hardest hit and certainly new jersey was, the second highest number of cases behind new york in the united states. the mayor of jersey city joins us right now. mayor, very good to have you back. first off, i understand you were involved in the protest last night, peaceful ones, i might add, in jersey city. how did everything go? >> yeah. we are thankful that everything has gone okay so far. we have had two very very large froef protests, several thousand people. our police have worked with each group to make sure it was peaceful. we had a large police presence and there was a large crowd. thankful that nothing bad happened. neil: you hear in these other cities, mayor, where there might
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be appointment protesters or those who are not protesters at all but just trying to stir up trouble. how do you police something like that if you are the city? >> we had some people in our protests that were clearly not from jersey city and you know, there was a small group that tried to antagonize the police officers that were at the protests, and the police department did a phenomenal job. they didn't engage in the taunting and you know, we waited out as long as those protesters were out there, the police department was there disciplined, not engaging in the back-and-forth that was counterproductive. i'm really proud of the way the jcpd worked and hopefully for the next couple days that we continue to have protests, they stay peaceful. neil: the protests continue, i don't know specifically in your city, mayor, but it looks like with each and every passing day, the protest crowds actually get bigger. do you have curfews in effect in
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your town? new york, as you know, were moved back from 11:00 p.m. to 8:00 p.m. in washington, d.c. they are being lifted today. what are the rules in jersey city? >> yeah. we are about a mile away from midtown manhattan so we are very very much linked from a local economy standpoint and you know, fwravblg a and travel back and forth. we made a decision we would not put a curfew in place. instead, we would work with each of the protest groups to make sure that what is being done, is done properly and peacefully. up to this point, it's worked fine. i really believe you got to trust your residents but you got to work with them and we have been trying to find that balance. neil: mayor, we were talking about various cities and states beginning the reopening process. i believe in new jersey it will be restaurants that will be expanded on i think the 15th. what will exactly take effect
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and how will it change things now? outdoor seating for the first time. our restaurants and businesses are struggling so this is going to be a welcome change. we started from a local economy standpoint on closing streets, allowing more outdoor seating, expansions of existing laws, waiving fees to make it easier for all these businesses and restaurants. the reality is that we were hopeful that this would have happened a little sooner, to be honest, but it's a welcome change coming next week. neil: all right. thank you very very much. the mayor of jersey city. it is a happening city. very cool city. thank you very much for joining us, mayor. in the meantime, the mayor touched on it, george floyd's tragic killing and what happens right now, memorials across the country including in minnesota in just a few minutes and ongoing right now in brooklyn, where thousands are peacefully gathering in his memory.
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of course, big one planned as well this weekend in houston where george floyd was born. so far, so good, so peaceful, so respectful. stay with us. introducing new voltaren arthritis pain gel, the first and only full prescription strength non-steroidal anti-inflammatory gel available over-the-counter. new voltaren is powerful arthritis pain relief in a gel. voltaren. the joy of movement. . . at carvana, no matter what car you buy from us,
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you get the freedom of a 7-day return policy. this isn't some dealership test drive around the block. it's better. this is seven days to put your carvana car to the test and see if it fits your life. load it up with a week's worth of groceries. take the kiddos out for ice cream. check that it has enough wiggle room in your garage.
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.82%. it backed up about eight basis points here. if that puppy had gone downclose to zero. people say this is the sign the economy is percolating. charles payne a whole different world now, isn't it. charles it really is. we talk those small nuances, neil. we used to call them green shoots. i call them root shoots. they're not even green shoots yet. we'll take them. neil: exactly. >> charles good. charles good afternoon, everyone how do you follow that up. the moment moral for george floyd set to get underway at any moment in minneapolis. we'll take you live as it begins

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