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tv   Cavuto Coast to Coast  FOX Business  June 18, 2020 12:00pm-2:00pm EDT

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stuart: ah, that takes me back. to my childhood. that is vera lynn singing, "we'll meet again," a favorite among allied troops during world war ii. sad news, she passed. she was 103 years old. she was very much a part of my life. vera lynn, everyone, a great lady. my time is up, neil, but it is yours now. neil: thank you, my friend. 103. what a nice run there, thank you very much, stuart. we are following what is happening at corner of wall and broad. there seems to be confusion out of the empire state. we've been monitoring governor andrew cuomo what he says about the next phase of reopenings. he and the mayor seem opposite ends what opens up, what will be part of the next wave. seems the mayor may be in more after rush than he is. i don't understand it.
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it is adding fuel to the fire no one is on the same page here. it comes at a time we had the spikes in cases that might be overplayed a little bit. with more testing you will get a spike in cases. far more worrisome what is happening abroad in beijing where they limited number about flights going in and out of the city. a number of chinese authorities say they have it under control. when they keep telling you they have it under control you have to say, why do you keep telling me you have it under control? all that and crosscurrents and bolton book could be weighing on markets because it seems to indicate here the president's on again, off again relationship with xi xinping might have more problems to it, especially early on. we'll have a busy show next two hours. here to kick things off, jackie deangelis. beijing worries, confusion over reopenings here. so much more. jackie. reporter: the theme for today is really mixed signals not just
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here in the united states but abroad as well. we have picktures what is happening in beijing right now continuing to this lockdown because they had a spike in cases yet here in new york city governor cuomo was saying i'm so pleased the numbers are down, things are going well but he said i'm not going to make a final decision regarding phase two opening until tomorrow. you have the mayor seems to be pushing full force ahead with that phase two reopening. it is really tough to say exactly when and what are going to happen but there has been some movement here in new york city, neil. i see it on the streets every day. you have curbside pickup. a lot more take-out. a lot of restaurants are opening in that capacity. a lot more cars on the road. next week if we do start phase two, you will see more outdoor dining, whoever has capacity for it. it can resume at restaurants and even some in-person retail. also the hair salons, barbershops, will take a swing at things. more offices will have employees back in their trenches as well. now let's take a look at stocks
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today. you're seeing the dow down 110 points. travel stocks, specifically, are having a little bit of a problem here with some of this uncertainty, right? you look at the hotel industry for example. here in the united states, a string of lost hotel tax revenue within the states because of covid-19. 16-point$.8 billion according to the american hotel and lodging association has been lost or projected to be lost as a result of this. meantime cruises are seeing red, fear over a second wave, right? dr. fauci said, the heat may help this summer but we get back to the fall, be cautious, take precautions. carnival cruise expects to burn $650 million a month for the second half of the year as the uncertainty continues. meantime maybe a bright spot in hong kong. we're seeing disneyland reopening to the public but is this a bright spot? think about it. the park has been closed since january and there were a lot of
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takers there this morning even though it was really hot outside and they had to wear masks. disney is not saying what the park capacity is going to be. presumably there will be a limit and other measures in place to make sure people don't get sick. it is really tough to know if it is all been working because of the lockdown provisions f you start to have people coming out in these groups, if we're going to start to have a problem again. that is really what wall street is focused on at the moment. back to you. neil: i don't know about you, jackie, the mask thing is fine in cooler weather. when it is really hot and outside and seaworld requirement, opened up families, 95 degrees heat in the shade. that will be -- reporter: tough to keep it on. when heat is that strong outside, some people would say i would rather stay home, right? neil: at least seaworld, go where the penguins are. jackie, thank you very, very much on that. by the way you hear a lot about
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spike in cases, what wall street worries about. from states seeing increases that are significant. be aware to talk about percentages. you can have states that go from five to seven cases, i'm exaggerating here, but to make the point that is almost a 50% jump. but it is seven cases. having said all of that, the ones that really matter, in other words the spikes that really matter in percentage terms are the ones that we see in arizona, up 37% on the last week. arkansas, about 31%. south carolina about 30%. alabama, 24%. oregon, 23%. these are off in some cases, relatively low levels but i just point that out. it is not like really, really low levels, going from five cases to seven cases. we could be disingenuous that is dramatic up tick. those are the ones really focusing what is happening there. so we'll keep an eye on that.
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keep an eye on what is going on in china of the beijing cases. speaking of china right now, secretary of state mike pompeo is meeting with top diplomat in hawaii as they try to get, you know, obviously trade talks back on to deal with some other issues coming up between our two countries. obviously since the release of the john bolton book, renewed tensions likely to come there, the back and forth and some of the brinksmanship the two sides have been playing with each other. if we're to trust bolton's book. blake burman following all of that and the talks what is at stake. hi, there, blake. reporter: neil, this is the first face-to-face meeting among senior level representatives from united states and china since the covid-19 outbreak in the united states. secretary of state mike pompeo has met with his counterpart from china hawaii. afterwards beat sides have put out a readout, essentially their take what the two talked about. the chinese say issues like hong kong, taiwan were discussed
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along with the need, to quote get back on the track of coordination. this is the readout from the state department. it says in part, quote, the secretary stressed important american interests and need for fully reciprocal dealings between the two nations across commercial, security and diplomatic interactions. he, meaning the secretary of state, stressed the need for full transparency and information-sharing to combat the ongoing covid-19 pandemic and to prevent future outbreaks. president trump has blamed china for not containing the pandemic earlier this year. there are concerns as well about increasing number of cases as you talked about here at home. here is what we know. there are 17 states in the u.s. right now, according to johns hopkins university have a testing positivity rate over 5%. of those 17, the positivity rate increased in the last week in 15 of those states. here at the white house they are pushing back hard on this idea of a second wave. for example, the vice president, mike pence, wrote in an op-ed
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earlier this week that concerns of a second wave is quote, overblown while president trump also implied last night that covid-19 is dissipating. >> we're very close to a vaccine and we're very close to therapeutics, really good therapeutics but even without that, i don't even like to talk about that because it is fading way. it is going to fade away. >> there are only 11 counties in america that are seeing accelerating new cases and only about 2% of the counties in this country are seeing any significant increases in cases at all. the truth is that now that all 50 states and our territoriries are reopening, we're proving we can do that in a safe and responsible way. reporter: neil that is the take from the white house. there is all this discussion about is there a second wave or will there be a second wave and when might that happen, what's happening right now, keep in mind this quote from dr. fauci
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earlier this week n an interview he said the following, quote, people keep talking about a second wave. we're still in a first wave. neil? neil: all right. thank you, my friend, very much. blake burman reporting on all of that from the white house. by the way, and to blake's point one of the thing they look at in the whole wave thing, taking it apart from individual states. i told but the spikes in individual states that the six that are being very, very closely followed, alabama, arkansas, south carolina, et cetera, but nationally it is still flat-lining. by that i mean there is no noticeable increase or drop. it is just kind of the same. that is what the administration means by and large when they talk about things okay. there is no second surge and no unusual national spike in cases. that is the case so far. we'll keep an eye on that. meanwhile keeping an eye on china, dan joseph, china learning curve author, author,
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expert on all things in that region of the world. dan, we know the chinese are trying to reassure what is going on in beijing is not as big of a deal some made it out to be. having said that, we do know schools have been shut down. college kids, i know they work on a different calendar than we do on this side of the globe are not going to be returning or going to classes and they have cut down the number of flights in and out of beijing. so what's really going on? >> well, i think right now, china is just erring on the side of caution. i know there has been, there is skepticism about news coming out of china on this issue and for good reason. but i do think chinese have some faith in the approach they took before, which was that very severe lockdown. so they're taking pretty strenuous steps right now, not because of number of cases is extraordinary, but because they want to get ahead of it. i also point out to your audience, it is hard, it is harder to misrepresent what happens in a big city with a lot
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of foreigners like beijing. information coming out of there should be better over the next week. we'll see where this goes. neil: i'm sure you're aware of some of the controversy in the latest, the john bolton book, is just the latest tell-all book out of the white house which he says that maybe the chinese are playing the president like a fiddle and the president implored xi xinping to help him out before the 2020 election, presumably buying more farm products to help in farm states, back and forth on that, does that sound believable to you? >> well i mean i think that the trump's strategy has produced some results so far. it is also produced a fair amount of collateral damage. the phase one deal had some good parts to it particularly on intellectual property. overall most of the serious issues have not been addressed yet. so you could say that the chinese side feels like they're winning. they're stringing this along, giving us as little as they have to.
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in terms of this, it is still early in the process although we're three plus years in. i don't think the chinese feel like they have been rolled but we don't have either. it is still in the middle of it. neil: you get the impression from bolton, going on excerpts, not had a chance to look at the book, excerpts are fairly extensive in the media, still my gut read of it, would president's, you know, unusual, unorthodox style notwithstanding they might prefer working with him than an alternative, what do you think of that? >> i think it is entirely possible that is the case simply because trump, and again i don't think this is a secret, i don't think bolton has unveiled anything, trump is a practical businessman. he is looking for a deal. i'm not saying he is unprincipled some might take that implication. he wants to put business first. he want as good deal. he is very concerned. he thinks we've been seriously
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disadvantaged by rules of engagement with china. i personally think that is overstatement. he wants to reset the table. he wants to do it in practical manner to get on business. chinese part of their view with him, he is a businessman, he wants to get things done, he is interested in economic growth. we want to deal with this guy. that is the perception they still have. neil: you might be right. you know this subject far better than i. i get another impression they think they can roll him. if you believe at face value a lot of the things that bolton is pointing out, a number of incidents come up, i can get into the details, but suffice it to say the chinese think we, we know what gets this guy's buttons, how to push them and get him off our backs. what do you think of that? >> yeah. i mean, i read some of bolton's comments too. the book is not out yet. he is definitely trying to get that impression they're playing him to a certain extent. to what extent it is, they're
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kind of manipulative moves and to what extent trump is trying to search for a deal and trying different ideas. the other side of it, bolton making a big deal re-election is important to trump. once he gets past reelection might be a different game all around. i think the chinese need to look at that to the extent they're playing trump on the re-election side. maybe he gets on the other side of the re-election. maybe he thinks the whole negotiating posture changes. they're probably thinking about that too. neil: there is precedent for that. barack obama who then assured russian president medvedev i have to get through this election then we get down to brass tacks. i'm paraphrasing. donald trump would not be the first president to curry favor to get things done ahead of the election to sort out a new road map after the election. we'll see what happens, dan. thank you very much. good seeing you. >> good seeing you. thanks, neil. be well. phil wegmann,
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"real clear politics" white house reporter. phil, you might have heard what we're talking about here. bolton book has stature, he was national security advisor all of that, the fact of the matter this is not the first tell-all book, maybe there will be more. what makes unusual with the concurrent with the president still serving what do you make of the fall out here? >> first of all, what is so interesting about this is while the administration wants this book not to be published, they have already rushed for an injunction and temporary retraining order, the book is already out there. there are copies floating around capitol hill. obviously "the wall street journal," "washington post" got copies i recall. we got a copy at "real clear politics" and reported on it. the the algations that bolton is making are out there for readers already. the allegations will not be more explosive whether readers pull
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them off-the-shelf from barnes & noble. the damage has been done. because of some of these allegations are so similar to other tell-alls at least the president's base might just shrug their shoulders. neil: i'm just wondering, you covered this a while even though you're a young guy, the fact of the matter tell all books on presidents they usually come out after the presidency, not during it, scores have been burnt or angry enough, to write, take copious notes and then talk to an agent and a publisher about a book, midstream. and i'm wondering what, what's going on here? what do you think of that? >> what is so interesting is, yeah, normally the tell-all comes after the president is out of office but the controversy over bolton's book isn't necessarily that it didn't come after trump was out of office. a lot of people are upset with bolton these allegations didn't
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come out beforehand. there is frustration that he did not go testify in front of house democrats. they didn't confirm the quid pro quo theory. he just offered senate republicans his testimony knowing full well they were very likely to reject that. so some folks on the left are saying, thank you for your input but we would have loved to hear this a lot earlier when you didn't have, you know a profit motive. neil: yeah. he seems to point a finger at a lot of people. he comes off looking like a saint. normally when an author does that, you have to say wait a minute. we'll see. the controversy is on. phil wegmann, always good catching up with you. thank you very, very much. we told but the class of 2020, high schoolers who are getting ready for college, a lot of them though kind of changed their plans not because college and universities are changing their plans but because the kids and their parents have changed theirs. after this.
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neil: all right, a lot of attention to couple months from now kids are returning to school. the question in a lot of places especially colleges, universities is whether they
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will come in person. more colleges are saying we'll roll the dice to do it in person. that was supposed to satisfy incoming freshman, okay, great. here is the thing about the incoming freshmen and their parents, they're a big maybe right now and a lot has to do with covid-19 whether the school is open or whether they want to tolerate. we have the american college health association ceo. if you had to take your wager on this about whether kids themselves or their parents are going to be keen on starting school in person this fall, what would you say? >> yeah. first off, thanks for having me, neil. it is interesting. there is a lot of survey work has been done around student desire to go back to school. students want that experience. they want to be back in college. but i do think there is a lot of fear. it is not unfounded around concerns around we're going to make sure we make these campus
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environments safe for them. so when they return back, we're not going to reinfect the population by just making the decision to bring them back. so there is lots of factors around that. but right now, that tends to be prevailing thought. there is desire, but certainly, universities are scrambling, trying to make sure that we have proper infrastructure in place to support them. neil: you know what is kind of interesting about it, devin. a lot of the high school graduates, incoming freshmen, are saying, all right, you keep assuring us that you have made distancing provisions, less crowded lecture halls. we get that. but what else are you doing? they want to make sure whatever efforts are going above and beyond what they might be seeing in their own communities. i'm wondering if you're, you know, a college or university, and you're looking to nail down exactly how many kids you have coming back in the fall, whether you should be worried? >> yeah. you know, it is what we're
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seeing is, you know, our guidelines obviously kind of left the decisions as to whether or not the university opens or not to them based on their own decisions but what we're seeing is institutions that are deciding to go back there's a lot of talk around staggering classes. so maybe not bringing the full body back to school, maybe like freshmen and seniors. and this has a lot to do with residents halls and limitations around capacity. we're seeing institutions also limiting their class size to 30 or less, which is incredibly difficult for some institutions because they're used to having a couple hundred perhaps in a room. so that is another area where they're using remote learning to go between those -- you know i think you will see masks and social distancing of that six feet being the standard norm. and i think the other side of it, that universities are trying to put in places really proper quarantining, testing, and contact tracing in case a student does get infected.
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you know, while we kind of tend to think that students will all behave the way we tell them we have to be prepared for the fact they may not or may get in contact and we have to be prepared to respond to that. i don't know we can really foolproof or make any safer than other places but there are certain provisions our guidelines call for that help universities try to mitigate it. neil: i'm sure there will be cases popping up at college and universities. they're unavoidable and the response what is the college and university going to do? what are the students going to do? that is an open-ended question. thank you very much for taking the time. i do appreciate it. >> you pet, thank you, neil. neil: all right. be well. meantime it is not just colleges and universities. schools and businesses are taking into account some changes the way they normally do things. so are casinos. yeah, casinos. like right now. doesn't kristina partsinevelos know it. kristina? reporter: every second slot
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♪. neil: all right. it's all about getting back to business. after your casino doing that, there are all sorts of restrictions on you, measures you have to take in this covid-19 era because a lot of people crowded into very tight spaces. kristina partsinevelos following all of that right now. hey, kristina. reporter: very tight spaces why they added plexiglass on the electronic card table. you even have a live d.j. and dealer up on the riser. if that is not your thing you have slot machines here. but every second slot machine is closed. this woman is excited. playing the stinkin' rich game
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here. you take a sip of alcohol, you have to put your mask up. they have a lot of people policing area. i talked to the ceo about the cost of renovations. listen in. >> we probably spent a million dollars in mitigating efforts, through plex -- plexiglass and cleaning chemical and other protocols. we have four guests per table games and to mitigate as much risk as possible for those enjoying the game. reporter: this property is massive. at the moment three out out of e four casinos open. when you enter the property you have to go through thermal body scanners or cameras to detect if you have a fever. if you have a fever, 100.4 they ask you to leave. over the course of the last few weeks, 80,000 people came through the doors. only to check out the retail shops. only two people had a fever. they were sent back. cleaning crews are cleaning
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sanitizing all the stations as well as hotels rooms. they seal them for 24 hours. they clean high touch point areas. put stickers so you know someone didn't touch that. business is trying to get back to normal. this has been open for three weeks now. this is on sovereign land. they were able to use a loophole to start operating at 25% capacity. seems to be, neil, people have been jamming all day here, gambling. it is kind of, like i say back to business. but the new normal. i don't know. i'm not much of a gambler. how about you? neil: you say it is every other slot machine? in other words that is how they're distancing it, every other slot machine there? got it. reporter: yeah. you see it is closed here. and on this side too. yeah. neil: wow, that is wild. great stuff, kristina, thank you very, very much. not great stuff these days for some of the technology companies being targeted by those on
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capitol hill. here is the thing though, both sides. conservatives, liberals, democrats, republicans. a lot of them how they go about picking choosing what content comings up on air and but what content is pulled down. jared levy following all of that for us. jared, it hasn't walloped the stocks yet. they're up appreciably throughout investigations but what happens now? >> i mean, listen, big tech is going to fare through this. they will use their really smart message, couple features, to make people on both sides, politicians and the public feel pretty good. facebook is now allowing users to block political ads. but as you and i both know, political influence, it is not an ad per se, right? nor is foreign meddling that easy to detect. political messages, agendas, these are hidden in the
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thousands of news stories that are shared on day-to-day basis. it might be a social influencer giving his or her take on something that happened. it may not be flagged as news but it is enough to impact a certain group of people. so, so i think tech is going to sort of pander at least on the headlines to what, you know the politicians in washington want. but thinks a lot of meddling that is still going to be going on. you can't shut that stuff down. neil: i wonder, not only here but abroad where they're taking a number of antitrust investigations and actions here on the believe these guys, simply gotten too big for their britches? >> yeah. i would like to see, i mean, both in tracking, traceability and, that is another area where i think overseas and europe they have done a great job keeping tech in line. you know, i would like to see more of that here but, neil, it
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is very difficult from a legislative and a regulatory perspective to, sort of control and censor and hold accountable these platforms that, they're just, it's a megaphone, right? it is like, you can tell someone not to hold a megaphone. it's a megaphone that can reach millions and millions of people in different ways, right? so that is the difficult sort of thing to navigate. in terms of real accountability, i don't think the tech companies are going to suffer. in fact as we build up speed going into the election i think that, they're going to see even more traffic because people will want to get opinions, get information, see what friends, people they follow and align with what they're saying. so i don't think it's a all bad thing. none of the threats are there. i don't think it is all a bad thing for tech. neil: they have climbed the wall of investigation worry. might be short leash on that. we'll follow it closely.
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jared levy, thank you very much, my friend. good seeing you again. meantime, disney, shmisney, a lot of parents and kids are looking at other options and indoor parks and entertainment and doesn't grady trimble know it live in illinois. hey, grady. reporter: hey, neal. i don't want to give too much away but we have a good idea for summer social distancing. i already crash ad couple times today. you might get to see that too, coming up.
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looking for places to send their kids with summer camps closed. maybe big kids are getting bored to get something to do. if you have a need for speed and for social distancing you can give go-carting a try. we're accelerate indoor speedway outside of chicago. they had to make a lot of changes to their business here too, to accommodate for all the new social distancing guidelines. for one, they used to run 100 people through the tracks at a time in an hour. now they're limiting the groups down to 10. you won't have the whole place like we do now, but not too many people around you. they're sanitizing all the cars regularly. so after every race, every single car that is used, it is cleaned up especially at touch points. things like steering wheel and other areas that you might be touching a lot, they're cleaning them. the helmets as well, they're cleaned after every race. you can't see it, underneath this helmet, i have a hood on.
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that hood essentially acts as a face mask. and all over this place, when we're not on the track, there are hand sanitizing stations everywhere. when you're off the track, you can clean up as well. neil, i didn't mention this when it happened, but a month ago, i got a speeding ticket on my way to an assignment. so it is nice to be somewhere where i can speed and get away with it and not get in any trouble for it. by the way, this is a lot of fun too. let me try to do a cool stop. how is that, neil? back to you. neil: grady, you have been working very hard and, i think, i think you need a break, my friend. about expensing that speeding ticket, we'll talk a little bit about that later. good stuff, my friend. reporter: okay. neil: be well. nice driving there too. i have can see why you got a speeding ticket. we have a lot more coming up.
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that is alluring activity for your kids. but what are you going to do with your kids, especially younger parents or grandparents taking care of the kids, what are you going to do? how can you afford to do it? all that what is happening at amc. because right now unless creditors go along, it could be a amc you later after this.
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♪. neil: all right. where do the gig financial muckety-mucks stand in this race and who are they leaning toward? a good many sensing what is happening in the poll are trying to help out joe biden right now. it's a little early in the race here but interesting alignment going on. charlie gasparino, on all of that. charlie? >> yeah, clearly corporate america may not be dominated by democrats but they're in there. and right now those folks, people like larry fink at blackrock, tom at morgan stanley are essentially vying for positions inside the possible biden administration given the poll numbers that show joe biden way ahead or at least significantly ahead of donald trump particularly if the election was held today. as you know the election isn't
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being held today and that is where this gets very interesting. again top corporate execs are seeking high level positions, treasury secretary, chief of staff. various major positions inside of the administration which biden should win which they think they will but i'm telling you this may come as trump is faltering in the polls but also comes as there is positive economic news and, yes, the country is in despair in many ways, social unrest, still very high unemployment numbers but we're coming off those highs and, i have been speaking with private economists over the last couple days pretty deeply on this thing, and by, just by the numbers that they're seeing, again this isn't the trump administration telling me, these are private economists that work at major banks, they think we are coming out of the recession. they think the recession, won't show up in the numbers yet, but the recession may even be over, might have been over by may. the reason for that, is the
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trillions upon trillions of stimulus that the trump administration pumped into the economy when the pandemic shutdowns began. you know, you can criticize donald trump for a lot of things, some of his tweets, how he handled certain aspects of the unrest and the pandemic, but you can't really criticize him on, neil, i think, you're on shaky grounds, is the economic response to this. it is simply the exact opposite of what herbert hoover and franklin roosevelt did. in both of those cases, hoover and roosevelt, massive expansion of government, there was taxes, regulations. there was a trade war. in terms of the fed, the fed started raising interest rates after the 29 stock market crash which led to the great depression. we're getting exact opposite here. the economy is responding to that kind of stimulus, whether you like that or not, or like donald trump or not, it is clearly in the number, saw it in the retail numbers. you saw it in unemployment falling.
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neil, lots of horrible stuff out there, there are certain businesses that won't come back for a long time. restaurants, that will be very tough but there is a rebound that is going on and i think what the republicans are banking on, that is why you see they're continuing to push for another round of stimulus, is that for that unemployment number, the number itself, the raw number, whether you think it means anything or not, whether you think it matters because so many people are unemployed, they want to go into the november election having that october print be below 10%, something in single digits. and there is probably a good chance they're going to get that inot an economist. i'm telling you that main street and bank economists say that could happen. jay bryson at wells fargo says for example, 9% by the end of the year. that is where we are. republicans are banking on the economy improving and to have the number, to say we produced this. we got you out of something that we didn't create and economy is getting better. do you really want to change horses now? neil, back to you.
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neil: no, it's a good argument. you were raising it in the "new york post" in a very well-written column. this could be a fast turn around. that is what they're hoping for. those burying the president prematurely might want to think through that. but we'll see. as always, great reporting, charlie gasparino, on all of that. in the meantime here we're following eventual reopenings going on across the country. in some it is nerve-wracking particularly for young parents, what you do, what do you do in an environment like this where you have so many worried about child care, related costs where half the parents polled on the subject saying i don't know what i'm going to do? what are you finding out? >> there is a lot going on, a lot of chatter this summer about our children. for me personally, my three kids, it is about mental health, getting them out as much as
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possible. getting them off the grid. a lot of the kids during the year have to be homeschooled on computers, a lot of videogames, a lot of online learning. i want to take the kids off the grid and bring them back to nature f you live near a park or live near a beach, or live near a lake, take advantage of that. always wear your mask. always social distancing. covid is not gone, it is not going away as fast especially not this summer. we need to be ultimately prepared for the states to get outside, to feel good about themselves. get exercise. if you have a buy bicycle. if you have a bicycle get the kids out on a bicycle. buy books on-line, buy or purchase books. if the kids have books for summer reading, do it outside. getting them outside in the fresh air as much as possible. and doing it where it doesn't
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cost a lot of money and just allowing them to have their minds free this summer, because a lot of these kids have been inside, cooped up. they need to be outside. neil: you know, a lot of parents who are juggling going back to work, if they even have that option, many are unemployed. so they're getting, pretty generous federal dollars, benefits, of $600 a week on top of whatever they're getting through their states. a lot of them have to do in this cash crunch, make a decision. i have to consider going back or trying to find a job and the related costs of getting child care and all, it is a tough one. it is a tough judgment. >> it's a very tough one and i think parents are absolutely in a dilemma. however i think that if you have older children this summer, let them go outside. let them do things, as long as again they're socially
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distanced. they're wearing their masks. if you have younger children, perhaps that is where it becomes a lot harder and parents, ask neighbors to help if they can. grandparents, aunts, uncles. everybody will need to chip in this summer to help out families especially with younger children and for parents that have to go back to work. neil: is it your sense that this has left a lot of people financially exposed? and that god forbid if something happens again or spike in cases, that, that could be a killer? i mean i'm just wondering, are we understating how, you know, financial precarious this is for a lot of young parents? >> i think that most parents are aware of what is going on financially and, i think that there obviously are different situations for everybody. but i think that right now, it
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is a very, very worrisome time and everybody needs to, just do the best with what they can and also to make sure that their kids are happy and healthy because, that will be most important as well. neil: yeah, get them off the games in meantime. thank you very much. diva moms ceo. we'll follow that and follow the plans the president has to do the first big outside the white house campaign event. this one of course is going to be in tulsa, oklahoma, the mayor of tulsa, the governor of oklahoma, they're not really keen on this, love the president, support the president. they're just worried and a spike of cases in the state has them even more worried. after this. tums versus mozzarella stick
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neil: all right. leaving aside there might be a bit of a double standard to this, a protest and you know, doing so, you know, in the middle of a pandemic, that's fine and you know, people being packed together across the country to state their political case, that's fine, but when the president wants to hold a rally in oklahoma, the same folks are saying no, no, that is not fine. be that as it may, is there a risk to the president planning
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this rally in the 19,000 seat arena in tulsa, oklahoma? a political rally, at that, when even a top-ranking republican official in the state citing concerns for a spike in cases already happening in the state are saying maybe not right now, mr. president. we have more on all of this with casey steagall. reporter: the real rub about the protests that have been going on and this particular rally is the venue, because this is an indoor rally where some 19,000 people are going to be in attendance so there's really no opportunity to social distance, whereas as we have seen in weeks, the protests have largely been held across the country, have been held outside where there's wind and air circulating but no doubt there are mixed reactions on the ground here in oklahoma ahead of this rally. you've got the mayor of tulsa saying they are honored the president chose this location to be the site of his first
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political rally in some three months, but health officials have also expressed concern about the timing of it and of course, that inside venue choice as we talked about, because that's after a recent uptick in new coronavirus cases across the entire state of oklahoma but also right here in tulsa, where just this week the county has recorded its largest single day increases of new cases since this whole pandemic began. but it appears that plans are moving forward so folks are issuing this warning. >> whether you're going to the president's event or you're going to a counter protest or you're going to some other event this weekend, i would strongly ask you to follow the doctor's advice about wearing a mask, maintaining social distancing, washing your hands. if you don't feel well, don't go.
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reporter: meanwhile, in texas, where cases continue growing at record numbers in some spots, an overall hospitalizations have increased some 84% just since memorial day, leaders in san antonio have issued an executive order now requiring face masks to be worn inside of businesses with both employees and customers, or you could get slapped with a $1,000 fine. the city of austin also implementing a similar measure, though there is some debate on how to enforce it, largely relying on businesses to develop their own plan. similar decisions also being made over in arizona, across communities where it comes to these mask mandates. after that state's hospital system has reached 85% capacity this week with a sharp increase in new covid admissions, the governor there as well as the governor of texas saying that there is still plenty of bed
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capacity to handle these surges. neil? neil: thank you, casey, very very much. that rally is still on as casey said. in the meantime, still on is this fight back and forth between the parties on reforming police departments across the country. republicans tip-toeing on the subject about how far they can go here, but democrats saying they're not going far enough. where does this all stand? chad pergram with the very latest. hey, chad. reporter: hey, neil. well, the question is can they actually get a deal. the democrats in the house of representatives have a bill. republicans in the senate have a bill and will they actually be able to meet somewhere in the middle. there's about an 80% similarity between these two pieces of legislation. but the question is whether senate democrats will try to block them bringing the bill to the floor next week. here's chris murphy, democratic senator from connecticut. >> so many of us, you know,
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legitimately worry that if we begin debate on this bill, our ability to try to have an open debate will be shut down, so i think it's reasonable to try to get some assurances that we are going to be able to have a real debate and we will have a pathway to make this bill better. reporter: the biggest difference between the bills is the democrats' insistence on stripping away qualified immunity to shield officers from lawsuits and prosecution. that's in the house bill, not in the senate bill and is a non-starter for republicans. the house will vote on its bill a week from today. the house judiciary committee finished writing the measure late last night. things grew angry between senator richmond and senator gaetz. >> it is not about the color of your kids. it is about black males, black people in the streets, getting killed. if one of them happens to be your kid, i'm concerned about him, too. and clearly i'm more concerned about him than you are.
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>> you are claiming you are more concerned for my family than i am? who the hell do you think you are? reporter: also later today, house speaker nancy pelosi plans to remove portraits of four house speakers who served the confederacy. robert hunter of virginia, hal kolb of georgia, james orr of south carolina and charles crisp of georgia. in just the past half hour, on the senate floor, democratic new jersey senator cory booker tried to get a unanimous consent request through the senate trying to get them to remove the confederate statues inside the capitol. he was blocked by roy blunt, chair of the rules committee, saying the statues can stay for now but the portraits will come out this afternoon. back to you. neil: thank you very very much. i want to get the read on all of this even though the house speaker was doing this with former speakers of the house with senator kevin cramer of the beautiful state of north dakota who joins us now.
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what do you think of this effort? this is obviously on the other side of the building where you are here, but to remove these four former speakers because of their ties to slavery or worse. what do you think of that? >> this is the first i have heard of this, and my gut reaction is i'm kind of disappointed. i served in the house for six years. i certainly -- i never quite understood why we would honor rebels or traitors. that said, if you served as a speaker of the house, you served as speaker of the house. to try and somehow redefine or relitigate history rather than focusing on reshaping the future, i think it's unfortunate. but the speaker is the speaker. the senate fortunately does not operate under the fiat of single leader. we are a much more deliberative body, obviously. i find that disappointing although i also say i appreciate that senator blunt prevented
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fiat of a uc to remove the confederate statues. those statues are here at the decision of the states and i think the states are working through this and hopefully would ultimately make the decision perhaps to replace confederate statues, but again, that's up to states and i think it's best to honor that. neil: senator, i'm wondering now in this back-and-forth on some sort of police reform legislation, democrats have said what you and your colleagues have said, not enough, it's like a slap on the wrist. where is the common ground, you think, between you guys? >> well, i appreciated chad's report because as he said, even between the senate and the house bills, they are 80% the same. that's a pretty good -- that's a pretty good batting average, if you will, for legislation, especially stuff as complicated as this. the fact we have a bill to start with is encouraging. i do think we will have a pretty open amendment process and debate process next week. we are all going to be under the spotlight that you guys provide for us and i think that will be
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a good opportunity to have a discussion. yes, there are some things, there are some red lines for various members. but i have to say this. i think even yesterday was a very good healing day for the senate. when one senator, you know, made a mistake, a democratic senator in a speech, and senator tim scott expressed his hurt in that, there was an apology that was provided, an apology that was received. i thought okay, that's, you know, as imperfect as it is, that's a good starting point. people that are willing to admit a mistake and apologize, i think that sets the table for pretty good debate. neil: you know, i would be remiss if i didn't mention some of this john bolton book that's leaking out. not so much the details in the book, senator, but the fact this is the latest former official to, within months of leaving, come out with a searing tell-all book. many others have done the same. in fact, it's happened to this president more than any other. i'm wondering why you think that is.
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>> well, i think it's because imagine we re-elected an unconventional president. i think in the case of ambassador bolton, it appears to me he thought he was being hired to be the commander in chief. he wasn't. i thought it was a weird hire to begin with because he and president trump clearly have a different philosophy on particularly matters of war. i think the timing of his is particularly questionable given that he's never shared these things when he had the opportunity in the impeachment, for example. but donald trump is clearly not a swamp creature. he is clearly a china buster and that can take lots of forms but clearly, the rebuke of people who have been around this town for a long time is just i think the latest example of it. neil: well, he is the latest to say, that is john bolton, sir, that the president quoting here, is not fit for office, he doesn't have the competence to
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carry out the job. now, we can go back and forth on that. that's a former security adviser's view. but what came up in that are these ongoing negotiations he had, i guess continues to have, with the chinese trying to extract concessions, pointing out reportedly to the president of china, xi jinping, help me out in these farm states and it will really help me out in 2020. if that is true, senator, there's no way of verifying this, the president and his people have denied this, do you think that's an impeachable offense? >> i don't know that it is impeachable, quite honestly. i think that we are all way overly sensitive about political speech and about political actions that take more of a political tone rather than the nuanced language that we all like to hide political speech behind. our president doesn't do that. that said, do i think it would be good for the president politically in farm country if we sold more soybeans to china, you bet. you bet it would. that said, i think our farmers in north dakota would prefer to
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sell more soybeans, whatever political ramifications there are. i just think we have all gotten way too sensitive with regard to our political speech. certainly this president who doesn't really, again, doesn't practice the type of nuance that is common in this town, speaks pretty well to the people in the midwest and in real america. neil: you might be right. it's one thing i'm told in political circles, senator, and you know this far better than i, maybe to think yeah, this could help me out, you know, in these farm states by buying more farm products, but to, at least according to mr. bolton, outright say it, and almost beg the chinese president to do so, if that's true, that's a little weird, right? >> it's certainly different but remember that this transparency, this authenticity of donald trump is part of what people really love about him. frankly, they have gotten tired of politicians who sort of skirt around the edges in the way they
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talk and they find him refreshing. frankly, i find him rather refreshing. neil: all right. got it. senator, thank you for taking the time. always good catching up with you. senator kevin cramer of north dakota. beautiful state. liz peek here right now on the fallout from all of this. liz, what do you make of what the senator was saying about some of these allegations that are popping up in this book, again, nothing really new, nothing that jumps off the pages here, but again, whether, you know, the president is trying to extract political gains or has a record of doing so, whether it was on the ukraine, that ambassador bolton says went too far, or china, where he's making the argument it went even further, what do you think of all this? >> let's remember, neil, what happened with china. president trump was the first president to confront china about the fact that their trade practices were patently unfair and disadvantaged american farmers, american manufacturers and american workers.
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this was a major plank in his platform when he ran for president and he has remained true to that. how did he get us to a trade deal which let's face it, we actually had before the coronavirus took all other issues off the table. this was a very very big deal that he actually had extracted concessions from the chinese, who historically have imposed tariffs on american goods going to china about four to five times what china is charged by americans bringing imports into the united states. we have a huge trade deficit with china and part of the way of getting around that or fixing that was to level the playing field. that's what president trump has been trying to do. by the way, i thought it was unbelievably gutsy of a president who is running mainly on the economy to sacrifice part of our growth, part of the strength of our economy, in this trade war in order to get these concessions and he got them.
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i can totally imagine and i'm sure you can totally imagine the idea that this is an unconventional president, that's an understatement. i can totally imagine him in a room with xi jinping talking about what he wants going forward and saying something like hey, yeah, you got to up your imports, of soybeans, let's face it, all about soybeans which is almost two-thirds of chinese imports, and you know, you need to do that for me because i got to win re-election so we can blah, blah, blah. that strikes me as completely typical trump-speak and i wouldn't be shocked by it at all. the point is, the purpose was not only to benefit him. it's good for america. guess what? this is going to be a big issue in the 2020 election, november election. democrats can say that trump did this or that to appease xi jinping. i think the evidence really dramatically speaks otherwise.
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neil: you followed many presidents in your career. this one has had a disproportionate number of aides turn on him. maybe that's due to his style, abrupt nature, you could be right about that. does it worry you that those who argue with him or say something even slightly critical of him, they are toast? they are buried? >> i think it's very disturbing. one of the charges from bolton is that the president is kind of paranoid and not trusting all the people around him. well, exhibit a, john bolton. who, in the past, as we all know, has talked about how no one really should write a book like this during a president's tenure in office, it's really bad for the country. i'm very disappointed in bolton. how is it that -- neil: do you believe bolton when he says, liz, he also says those currently serving with him, pompeo, mnuchin, they think he's a fool?
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i'm just wondering that. of course, that's his opinion and he certainly hasn't proved that but do you believe that? >> i think if pompeo and mnuchin think that president trump is a fool, they have a funny way of showing it. that is to say, they have been very loyal, mnuchin has done a great job i think as treasury secretary. but can i go back to the bolton thing, neil, because i think you raise -- i have been thinking why is it so many of these people leave the white house and i think the senator who was on just now said something very important. remember, there were i don't know, hundreds of foreign policy experts who basically said before trump was elected he should not be elected, he was incompetent to serve, et cetera. so a good part of the established foreign policy hierarchy, if you will, in washington was not eligible to be hired by the trump white house. they were outcasts in terms of trump because they had all signed this thing saying they
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thought he was incompetent. so trump ended up with people like john bolton who, as has been mentioned a couple minutes ago, really did not see eye-to-eye with the president on basic issues. i think there was sort of trouble there to begin with. but you know, obviously there are other people who have kind of flowed through this white house who have different issues. i do think, though, on the foreign policy side, that has been an issue. neil: all right. liz, thank you very much. having said that, liz, if any staff workers of mine are going to write a tell-all book on me, i am now digging up dirt on them. cut that off at the pass. liz, thank you very very much. always good seeing you. all right. in the meantime, tennis is back on. the u.s. open is back on. there's just one teeny-weany problem. there won't be fans in the stands. >> i'll certainly miss the fans. don't get me wrong. just being out there, that new
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york crowd, hearing everyone cheer, i will really miss that, getting me through some of those tough matches. but this is crazy. i'm excited. where will you go first? wherever you may go, lexus will welcome you back with exceptional offers on exceptional vehicles. get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. experience amazing at your lexus dealer.
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we're investing significantly in cleaning and we have throughout the whole process. we've also limited the number of people coming into our stores based on half of what the guidelines are. we have provided plexiglass protection for our cashiers. when you look at all those things together, it's a meaningful expense. neil: all right. you know, there's very very little overhead when it comes to grocery stores and the bottom line. very little pad there to do the dhiven kind of things they're doing as the ceo of kroger told maria this morning but they're doing it to make things covid-safe or a little better. it will last awhile. you will see this play out across all the major stores. when big grocery stores, small ones as well, have to do it, they don't have a huge cash cushion to do that. that's all about getting back to business as people get back to shopping, grocery stores have been open through all this, as you know, but obviously they are
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planning for the post-pandemic world. we'll see how that goes. the post-pandemic world, what you can make of it, also is part of the sports environment here. we already got word the u.s. open, the big tennis event in new york, is still on for august. but there will be a difference this year. there will be no fans in the stands. that's playing out in a variety of sports. the usta chief revenue officer now on all of this. very good to have you. how do you think this is going to go? we have already seen other sports that have dabbled in this, nascar, for example, it's a little weird but i'm amazed how quickly you get used to it. what do you think? >> great question. thanks for having me on. we are excited today to be talking about playing the u.s. open and playing in new york city at the end of august through the middle of september. if you had asked me back in march how we would feel about playing the tournament, the world's largest tennis tournament with no fans on site,
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i probably would have had a different reaction. our event is a celebration of the sport. our event is the biggest spectacle in our sport. but as we sit here today, we are incredibly proud of the work we have done to create a safe environment to bring the best athletes in the world back together with the opportunity to engage with fans and we think it's going to be a great success, certainly very different than what anyone has experienced before or what we went into the year expecting. neil: the players themselves, are they on board with this? >> i think you showed the clip going into the break of serena talking about her excitement to come back to new york and the adjustment that she's made to the notion of playing with no fans and in sort of strange way, the thought that that now is exciting. we are expecting to have a great field. the players are going to make their decisions. we know roger federer is injured
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but we expect to have a great field. we know there are a lot of players that are just anxious to get back to competition. they haven't been able to work for six months and this is an opportunity combined with playing the western and southern cincinnati open in new york the week before the u.s. open. this is an opportunity to reopen the sport for our athletes. neil: i can understand any of the players, even if serena williams tests positive for covid-19, she's not playing, but what if they come in that day and have a temperature? they're not playing? >> no, that isn't necessarily the case. we have testing that will be done on site in the player hotel and that lab facility will be physically on site so that we can turn test results back quickly. they will be screened by our medical staff. they can execute repeat tests if need be.
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typically we have a day off in between each round so our medical advisers will evaluate each situation independently, but we will have the opportunity to test athletes right there on site with rapid sort of response. neil: all right. should be interesting. i think you will get through this. lew sherr, revenue officer of the usta, kicking things off with no one in the stands. in the meantime, a florida restaurant that's in a world of controversy. n you know what it did? it provided a haven for police. that was its sin. what is it doing now? after this. ♪
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neil: all right. there are two competing measures right now, democrats and republicans looking at reining in police departments or at least improving their behavior, but this effort to defund the police is alive and well. certainly in some of the democratic plans here that want to leave it up to cities to decide if in their locale they even need to do this or even need to pay the police departments, as much as they do. let alone even have them. remember in minneapolis, there was that city council measure that passed unanimously to just disband the police department. where is all of this going? jackie deangelis is following it all. jackie: well, yeah, the movement
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to defund the police is definitely gaining some traction here. i will give you another specific example. you mentioned minneapolis. but in philadelphia, the city council is the latest to give an approval to fiscal year 2021 budget that would reduce police funding by $33 million. so their budget would be $4.9 billion after this reduction. the budget also calls for several police reform measures including body cameras and bias training for officers. now, of the money that was shaved from this particular police budget, about $25 million is going to be used for health care needs, healthier food, affordable housing, anti-poverty efforts and job training for those in need within the city. there is also a $1.35 million budget earmarked from that as well for the arts in philadelphia. city officials are projecting that the deficit of the budget will be up to $750 million which was actually enlarged by the city's shutdown order for
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businesses during the coronavirus pandemic. portland and baltimore, they have already approved budget cuts for their police departments as well. new york city, the council members there have already announced their intent to cut $1 billion from the nypd's funding. you can see this is happening in a lot of places. meantime, in atlanta, reports of scores of police officers calling out of work after their ex-officer colleague has been charged in the killing of rayshard brooks. as this is all happening, there are also reports of morale dropping within the police force. i can tell you, i have spoken to several police officers who have reported that to me specifically and said it's tough to go to work these days. they are also wondering how much longer they want to do it under these kinds of conditions, and they also say they are advising family members who are considering going to the police force not to necessarily do it. it's taking a toll and as we know, you can't always paint with a broad brush. there have been several incidents that we have been reporting on but at the same time, that doesn't mean all police officers are bad.
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when you hear these personal stories of people who have been good citizens within the department, you know, it's a little disheartening. back to you. neil: i would imagine they are more than a little frazzled. thank you very very much. as you have all probably seen this video that's gone viral of a policewoman waiting for an egg mcmuffin at the mcdonald's line, waited, waited, waited, decrying the fact it occurred shortly after we had word reportedly of contaminated shakes that were given to police officers at shake shack. the company denied that was the issue there but it occurs a little more than a couple weeks after some officers were given glass-tainted pizza as a gift by some protesters. this is far from universal and far from common but it happens enough to make you wonder whether the police are now getting sort of lumped into the same pan here. ron runs the local fresh grill
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in tampa and said you know what, enough is enough. he's not saying to the exclusion of all others but that police are welcome at his establishment and that has landed him in some controversy now. ron, very good to have you. you weren't even saying that you were going to be a police only, you know, place but that they were welcome. that alone got you in some heat. could you explain what happened? >> absolutely. well, it's funny, it actually started me venting one day. i had just heard enough, i had seen enough. it's like america, what is going on here, we need to get some reality and sanity back in the world. defund the police department? are you nuts? the criminals love the idea. don't get me wrong. there's a big push from the criminals that love that idea. but in the end, i had had enough. i posted on my restaurant's website about the police are welcome in my place any time, if they want a meal that they can get that they know didn't get spit in or they know that doesn't have glass, come on in.
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if you are outside my restaurant and a bunch of mob comes after you, and you need a place to duck in, look for the gold shield which is something that i put in my window, for law enforcement. you get in trouble, come on in. we'll lock the door. heck, i'm old but we'll protect you. that's how it all started. then they started attacking me. i didn't even know they were attack me. my advertising guy says you need to take your facebook post down, you're getting killed. they started attacking me, attacking my restaurant with bad reviews, they threatened to burn my building down, they threatened to come beat me up. what happened was instead of getting the reaction they wanted which was me to cower like most of these companies are doing, cowering to -- and politicians are doing, cowering, it just made me stand stronger, more steadfast. it just enraged me to the point
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where okay, game on. so we decided to start a nonprofit organization which i'm halfway through the paperwork on, called law enforcement safe harbor inc. and we have websites now. people have been seeing this across the nation, and from canada, too, sending in money, sending in comments. y'all are just talking about the morale factor. in the police department. it's funny because i brought one comment off the facebook that addressed that exact issue. it's from a law enforcement officer who says morale is at an all-time low. that's why we're doing it, too. we know you're getting beat up. we know your morale is horrible. i just won't stand for it any longer. come into my restaurant, sit down, kick your feet up, enjoy yourself. you will not be hassled, you will not be harassed in my restaurant and we are going to take this nationwide as this
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other woman, i printed out another copy for, you know, she said let's take it nationwide. i said i'm with you. my only fear, and i'm not afraid of anything, i'm not afraid of anything, there's nothing new to me, my only fear is that the momentum will die down. we have set back long enough waiting for this to all settle down by itself and it's time for us to stand up and fight back finally and say okay, enough is enough. neil: what are your customers telling you? what are your customers telling you? you will win over those who support the police, in any group you have your bad apples but there are overwhelmingly good, decent folks, but others say you are making a statement that you prefer the police more than you do those who protest the police. what do you tell them? >> yeah. yeah, yeah, yeah. i have heard that a lot. i have heard they are going to bankrupt me. i have heard they will never eat
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here again, your food is slop anyhow. i've heard it all. but i got to thank them. personally i want to come shake your hand because continues you started attacking me, i have never been busier. my restaurant has been slammed because there's so many -- neil: is that right? >> yes, sir. i normally go to the market once a week to buy our fresh vegetables. as soon as i leave here today, i have to go to the market because we have been slammed. i want to thank them personally for the free advertising. real americans have stood up and said we are going to support you. people are coming in from everywhere. people are writing me from ohio, we're coming down just to eat at your restaurant. it's not an isolated incident. i'm getting support, money, they are sending in money to the tune of almost $3,000 now to buy officers' lunches and help support the cause because i really do think that we just need to keep this cause going because it's so important. they are tearing down statues across america for history.
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it's just gone crazy. enough is enough. enough is enough. like i said, i'm not scared of anything. they threaten me, they threaten to come kill me, threatened to burn my building down. there's only two things i fear. one of them is that the momentum will cease. the other one is that i'm not going to be around long enough to see this to fruition. if you have any friends with extra pancreases around, i could sure use one. other than that. neil: you are your own man there. it's just a reminder we have to step back in the middle of all this and just be fair and decent with everybody here. i think you are trying that. we will watch very very closely. keep it up. very nice having you on. again, in tampa. local fresh grill which is getting quite the crowd these days. stay with us. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. mhm, yeah, that too. i don't want any trade minimums.
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neil: all right.
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the cabal going after big tech right now, it's getting bigger. hillary vaughn with the latest. reporter: hey, neil. there is some bipartisan scrutiny centered around big tech companies like facebook, twitter and google. today, house democrats in the hearing are zeroing in on representatives from these three companies that showed up today. house intelligence chairman adam schiff telling a representative from google that he believes they are the least transparent major tech company and that he thinks their strategy has been to keep their head down and let their competitors take all the heat. but they weren't the only ones in the hot seat today. congresswoman jackie speier whose district is home to facebook's headquarters, really drilled into the social media site today. >> congresswoman, we are first and foremost a technology company. >> you may be a technology company, but if your technology company is being used as a media
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platform, do you not recognize that? >> congresswoman, we are a place for ideas across the spectrum. reporter: congress isn't the only one looking at big tech with a critical eye. the doj is, too. the justice department mapping out changes to a rule that's protected these companies from lawsuits and liability over what happens on their platforms, wrchanges to section 230 of the content moderation decisions and also encourage platforms to be more transparent and accountable to their users rather than hide behind blanket section 230 protections. this rule isn't just something the doj is looking at reforming but also a gang of gop senators who want the rule changes so that users are able to sue online platforms that unfairly enforce their standards. senator josh hawley introduced the bill yesterday. >> fairly enforce their terms of service fairly. right now, if google de-platforms a conservative
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website or if twitter takes away your platform, you can't do anything about it. reporter: under hawley's bill, users would finally be able to do something about it, suing social media companies and if they win, companies would have to cough up $5,000 and pay that out to the user and also cover the user's attorney fees. neil? neil: all right. we will see where that goes. thank you very very much, hillary vaughn on all of that. meantime, the great reopening continues. here's the problem in new york state. the governor has a different view of what opens and when versus the mayor of what opens and when. so both sides here are potentially far apart. after this. and because we don't know exactly when this crisis is going to be over and we don't know exactly when the stock market will reach its bottom, we've got to be prepared for this to last a long time. if you assume that you're out of work for nine months
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but you end up only being out of work for...
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neil: all right. something to look forward to in the new york city area. phase two begins monday, or maybe not. the next wave of this reopening process has the mayor of the city and the governor of the state, the city is in, kind of at loggerheads. a new york state assemblywoman wishes they would get on the same page. she joins us now. as things stand now, is it safe to say phase two is on and what
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would that include, if it is indeed on? >> yeah. the mayor just announced a short while ago that phase two will begin on monday. that does include dining at our local restaurants, it includes hair salons, new york city playgrounds will also be open, in-person retail will be open as well as office, offices can reopen. but remember, we just had the riots here so many stores are still boarded up. we're not going to fully be recovered from that. it was one thing after another and our restaurants quite frankly, 27,000 restaurants in the city, maybe 5,000 will be able to open because of outdoor dining. many are waiting for them to be able to open indoor and we have been pushing for at least 50% capacity indoor in addition to this outdoor dining which, by the way, we have to fight very hard to actually get it moved up to phase two. it was originally in phase three. neil: oh, boy. you know what's weird, though.
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there was a real push-back from, you know, political leaders about, you know, crowds and policing, exactly how many could be out there and distancing measures and all the rest. no such concern when the protests were going on. a lot of those business owners, restaurants owners were saying hey, that's not right, that's not fair, and they are still kind of caught up in that even in this next phase of opening. >> yeah. and actually, you should throw in that realtors can go back to work. think about that. you can have 1,000 protesters not socially distancing on the streets of new york but two people can't go show a couple a home. it really didn't make much sense. what i have been pushing the governor and mayor to do is just provide the guidelines, just provide the timeline, then get out of the way. unfortunately, they are announcing today, thursday, that outdoor dining can resume on monday. restaurants actually have to get their staff in place, they've got to actually order the food.
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this is not something -- no one was going to do it until they got the certainty. they weren't going to order and invest so much money in food after suffering so many losses already. i think there's definitely a disconnect between the business community and the mayor and his administration that i don't think understand the hardships of small business owners as somebody like i would, who is the daughter of someone, my father had a restaurant. that is part of the problem here. we are dealing with an administration that just simply doesn't understand. neil: well, it's the governor right now who has reversed roles and said look, if there are upticks in cases or whatever, i might push this back. i'm wondering, that doesn't feed any confidence to when the mayor and governor never appear to be on the same page. >> i definitely think it's going to impact new york city's economy. the fact the two of them don't speak and also, you know, they don't look to incentivize these
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small businesses to stay here. instead, they are looking at punitive, you know, looking to fine you if you are not following every single rule or looking to strip your liquor license if there's too many people outside your establishment. we have to look at incentivizing these small businesses to keep them here because between covid and then the riots and looting, people are ready to leave new york. neil: assemblywoman, you are right about that. we are seeing early signs of that as well. we will see how it all sorts out. hope it goes well for you, your constituents, certainly the city and the state. we all have a vested interest in that going smoothly. thank you very very much. we'll have a lot more here because second wave fears, second spike in cases fears are very very real and once again hitting travel related stocks because they are. ♪ ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah
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♪ neil: all right a couple of quick items i want to pass along with you. they are hunting around with 120 billion to come up with for the restaurant, service industry right now. it might be wishful thinking. "wall street journal" reporting that lawmakers are trying to look for a way to help out restaurants severely impacted by the coronavirus with limited seating capacity issues. one out of four businesses are expected to stay out of business as a result, maybe never come back at all. we're monitoring that. what has been a selloff in leisure travel relate the
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stocks, on the notion whatever is going to happen will impact. subway is looking to hire 50,000 more workers as americans get back to work and hungry for a sandwich. we'll see. charles payne is right now. charles" mcdonald's is hiring over 2 this thousand this summer. charles: i'm charles payne, this is making money. it is to find a catalyst outside of sizzling momentum names. how should your portfolio be restructured? we'll tell you. manufacture something coming back and should it be the focus of the next stimulus package? i will ask peter morici. i will talk to two

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