tv Cavuto Coast to Coast FOX Business August 12, 2020 12:00pm-2:00pm EDT
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hours the campaign brought in $10.8 million worth of fund-raising. they do this through act blue. that is the online, non-profit, fund-raising platform used by democrat campaigns. off to a good start there. in four hours, 10 million. not bad. my time's up. neil, it's yours. neil: i don't think either party will have trouble raising money when all said and done on this stuart, thank you very, very much. we're looking at corner of wall and broad. welcome, i'm neil cavuto this is "coast to coast." the dow is up 232 points. transports trying to make it 11 straight days of advances something we've not seen in the better part of a decade. i don't want to start off getting wonky. that could be a very bullish development here. as transports go, it could be a signal event where the economy and markets go. more on that in a second. let's follow the latest news items here, you will see joe biden, with his running mate, kamala harris a little
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later today. they are slated to have their first in-person party if you well to introduce themselves to the world. they will say they represent the change america needs. we're following that. also going to follow the senator's journey from washington to wilmington, delaware to, meet up with the top of the ticket right now. this as polls show that ticket is doing well. as stuart told you, raising a good deal of dough. that is normally immediate aftereffect much when either party sees the ticket completed or running mate ultimately chosen. we're also looking at schools planning reopenings across the country but they're off to a bumpy start. in texas, one superintendent saying he is very, very concerned about the pressure for those who want school opened in person and those who are concerned. we'll be talking to the dallas superintendent momentarily. also getting latest read on the hard rock international doing everything he can to make sure
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he complies not only in florida but other states keeping distancing restrictions in effect, capacity under control but those rules sometimes can change by the moment. all right. let's take a look at our lead story. the ticket that hopes to eventually take control of the executive branch of government come next january. of course talking about joe biden and kamala harris. reaction from the president and vice president of the united states on that. but there is your completed ticket pairing right now. so the table is set. hillary vaughn on what we can expect out of wilmington today. hillary? reporter: hey, neil. senator kamala harris is on her way from d.c. here to delaware to stand side by side with joe biden for the very first time as his pick for vice president after he asked her on a video call yesterday. >> hi, hi, hi, hi. sorry to keep you. >> that's all right. are you ready to go to work? >> oh, my gosh.
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i'm so ready to go to work. >> first of all is the answer yes? >> the answer is absolutely yes, joe. i'm ready to work. i'm ready to do this with you, for you. reporter: senator harris has evolved from biden's toughest critic on the debate stage to his now running mate on the ticket. she is also involved on issues throughout her campaign that stop short of the first primary contest in iowa. harris led on issues like the green new deal, "medicare for all," ideas that biden brushed back. she wanted to raise the corporate income tax rate to 35%. much higher than biden's promise to hike corporate taxes to 28%. she wanted to pay for "medicare for all" with a tax on wall street, including taxes on stock and bond trades and derivative transactions. she pushed for student loan forgiveness. making two-year colleges tuition free. biden's plan would not make it
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free-for-all but free for some in a certain income bracket. harris' home state could not be more different than biden's. california is very high-taxed state. biden's is low-taxed state. big tech ceos are likely breathing a sigh of relief, neil, many of them are her constituents. it is much better having her on the ticket than someone like elizabeth warren who promised to break them up whereas harris has been softer on big tech companies and that tech crackdown. neil? neil: so the first time she heard that she was the choice of the ticket was in that bit of video there when the former vice president called her up and that was, that was the first time? that was not a staged event? reporter: that was the exchange, yeah, that was the first time. neil: wow. wouldn't it have been cool if she said, changed my mind. not interested. she didn't do that. hillary vaughn, thank you very, very much.
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you know, always wonder, that seemed almost too perfect for words. not too perfect for the president of the united states who is scowling at the choice that joe biden made here. blake burman is following that reaction both yesterday and today. in fact they have already got ads out, don't they? reporter: by the way, me saying i don't want to do this live shot, give it to someone else. over here at the white house, at least with the trump campaign the immediate reaction to the selection of kamala harris, point out in part tax differences between harris and president trump. you saw hillary outline some of them. here was part of the statement the trump campaign put forward. they said, quote, in her failed attempt at running for president kamala harris gleefully embraced the left's radical manifesto, calling for trillions of dollars in new taxes and backing bernie sanders's government take over of health care. when president trump was asked about this, his initial reaction was, he was surprised he says that biden picked harris.
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>> she was my number one draft pick and we'll see how she works out. she did very, very poorly primaries as you know. she was expected to do well and was, she ended up right around 2% and spent a lot of money. reporter: now the administration this morning tried to continue to point out the differences in tax policy. the treasury secretary steve mnuchin noted to maria bartiromo this morning that president trump when it comes to capital-gains taxes wants a cut. >> i think for the next few years while we recover we should reduce those capital capital gains. i would just add, in 2003 biden voted against reintroduction of 20%. again you see two very different economic policies. reporter: the treasury secretary, neil, brought up biden, completely brought up
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biden talking about capital-gains taxes. the white house was considering capital-gains tax cut via executive order. larry kudlow told me said that is not the case. treasury secretary steve mnuchin also told maria that this morning they feel they would have to do this legislatively. you saw mnuchin bring it up sort of unprompted. kudlow did the same as well comparing the trump tax policy to the biden tax policy capital gains. could appear potentially could become a campaign issue. neil: blake burman, thank you very, very much. this ticket will unite, that is the biden-harris ticket will unite in delaware, little less than two hours from now a lot of scrutiny whether these two are on the same page on a lot of issues. keep in mind they did have their little acrimonious exchanges. that is not unprecedented. we've often seen that. everyone remember george bush,
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sr. referring to ronald reagan's tax cuts at the time as voodoo economics. he still got on the ticket and espoused them though he reversed them later on when he was president. there is a precedent two candidates being at odds, being united on the ticket. where does this go now? donna brazile, former dnc chairman and fox news contributor. donna, how much do you think the past bickering during debates will come back? i could play the famous but one exchange about the busing issue, because it has been played 11,000 times i opted not to but i want to get your take on that whether it comes back to haunt the ticket? >> no. let me just say this. as you mentioned, the fact that george herbert walker bush referredded to ronald reagan's economic plan as voodoo economics. this is not about number two on the ticket. it is about number one, the
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policies that joe biden will bring forward to the american people. i think kamala harris was a great choice. i call it lenya louisiana term, a little something extra. he needed a little spark. not about salt and pepper when you season a ticket like this, joe biden is proven leader, seasoned politician, to ad someone with her expertise, ability to connect with voters, her ability to talk about these issues, to be a good messenger and to amplify that joe biden plans for the country, that is what is essential and that is why i'm exciting about this selection. neil: how much does this choice, really force one on joe biden? there was this letter from 100 african-american businesses and other leaders who said you need to pick an african-american woman or you're going to lose. it almost sounded like a threat but what did you think of that?
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>> well as you know joe biden made this decision to put a woman on the ticket back on march 15th. that was two days after brianna taylor was murdered in louisville, kentucky. i think throughout the last several months, joe biden, his team, really looked at maybe a dozen or more women, all with different backgrounds, qualifications. they would have brought a lot to the ticket but in the end i think joe biden made up his mind after looking at her record, knowing that she had been vetted out there on the campaign trail. she is a tough, yes, she is very tough, there is nothing wrong with toughness. we want to see our leaders as being battle tested and ready for whatever might happen. i think joe biden looked at kamala. he knew her because she was a good friend of his late son beau biden. this is a excellent ticket a ticket for the future a ticket that will excite millions of americans for the first time to go out to cast their ballots
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this fall. neil: do you think he would have more of a problem with the african-american vote if he had chosen her, not chosen an african-american woman? >> well of course, since i came out early and i repeated it often that a black woman would had so much to the ticket. not so much any black woman. she is a great american story, daughter of immigrants, came to howard university, a historical black college in america. a woman who dared to make a difference in california. serving as a d.a., a prosecutor, someone who took the side of victims of crime and made sure that they paid the price for their mistakes. this is a woman who has lived the american experience and it really qualified to be president. so i think joe biden took all that into consideration when he made this historic choice. neil: you know, much has been said of the fact this is a ticket of the ages and by that
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the 22 year gap, it is generational. in that there is more scrutiny of this given joe biden's age, i think he is 77 now. he will be 78 upon inauguration if he got elected. a lot of people are saying look at her as a future president. as it is is, fact two out of three americans don't think joe biden would be able to finish a first term, do you think that changes the dynamic about how closely the running mate will be examined? normally the rule of thumb is do no harm but now they're looking at her increasingly as a potential president. how do you sort that out? >> she ran for president. so the scrutiny is already been done. i'm sure there will be more scrutiny of her life, her record. i do believe that she will be able to take the kind of heat that we know that comes from running for president or in this case, be number two on the ticket but the one thing i would like to say, someone who is a
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student of history, this woman is important. we're after the an inflection point. the country wants change. this is referendum on the president of the united states and his record, his 3 1/2 years in office. and so i am confident that this generational, this ability to pass the torch, this ability to find a new page is going to be a good conversation that we need to have in american politics. i'm a baby boomer. i'm a millenial, gen-z, gen-y, all the generations to come they're looking for their day to take a seat at the table. with kamala harris hopefully one day they will find their seats at the table. neil: do you think she knew, sheep had advanced heads up in that famous video of joe biden calling her? that indeed he was going to call her and tell her she was the pick or was it all as it appeared on that tape a
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surprise? >> i do believe it was a surprise and here's why. the team has been very, very tight-lipped about the whole process. neil: yeah. >> i have so many old friends, colleagues, let me tell you, neil, i couldn't crack this one open. you know why? it was right in that room. i don't know what part of the house he was in because i haven't been over to his house in a long time but he made this decision. joe biden knew in his gut what he wanted but he also listened to others. i want to say this as someone that, you know, had an opportunity to talk to joe biden weeks ago, i won't tell you the content of the conversation but joe biden assured all of us that the process will be fair. that he would look at a number of factors before making this decision and making this choice, i do know that it was joe biden at his very best, the finest he can ever be. he was selecting someone who could become president. remember he has been in the number two slot. he understands the role. he wanted to choose a partner
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who could help him lead america. neil: we'll see what happens. donna brazil, good catching up with you,. >> god bless. neil: steve moore. steve moore now, what do you think of this pick, steve? >> good to be with you. donna brazile is a tough act to follow. i thought she had very interesting insights. i agree with what donna just said but she left out a really important point which is why i think this is a problematic pick for joe biden. she is a liberal. she is as liberal as you can get. she has basically 100% liberal voting record and 0% virtually conservative record and what this dem straights i think to the american people which is very problematic for biden. this is not a moderate ticket. this is left-wing ticket, maybe the most left-wing ticket in history. so it doesn't balance out the ticket idealogically. i think that could be
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problematic. neil: you know what is interesting though, it is not as liberal as some on the right maybe had feared. i don't know if that helps or hurts their cause. she is not for, you know, people jettisoned private insurance plans in favor of "medicare for all." she has been very leery of going after the big tech companies to the degree that elizabeth warrens and others have. i don't know if that really registers anyway, she is the number two. she will have to align herself more closely with joe biden on these and other issues but, since we were talking with donna, steve, about the possibility, she could become president, would it be a more moderating presidency? i don't want to get ahead of ourselves but she is not in lockstep with the extreme progressive views that were espoused by bernie sanders and alexandria ocasio-cortez and, obviously elizabeth warren.
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>> well, i'm not so sure i agree with that. let's take for example, "medicare for all" which, you know the vast majority of americans think is very problematic because it would have such a negative effect on the medicare system. i will never forget this moment. you know i think it was early in the democratic debates back in sometime around january or february. and i remember watching she was asked this question, do you favor "medicare for all"? i was just very curious how she would answer that. oh, yes, i'm for this. then she said interviewer asked her, well does that mean you would get rid of private insurance? and she said something like, i mean, she said, i mean medicare for everyone. that means people would lose their private insurance under that. she may have corrected her position since then but my point is, you know, she has a, this is a problem by the way when you nominate a sitting senator whether they're republican or democrat. they have a voting record, neil. they can't duck the issues.
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we can look how they voted on things. you look at that voting record it doesn't differ much from the radical progressive agenda. neil: all right. we'll watch it closely. still early. we'll see them on the stump together. less than a couple of hours from now. steve moore, thank you very much. some sad news i do want to pass along with you, you might have heard, sumner redstone, the big media titan, viacom cbs fame. the man first to marry movies and television to bring them in entertainment powerhouse that proved tock the model that would lead them to news corp, fox, different brands are entertainment conglomerates. a lot of it started with sumner redstone. now dead at age 97. we'll have more after this. businesses are starting to bounce back. but what if you could do better than that?
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♪. neil: all right. those debates are going to matter a lot more than they have in the past. that's the read on it right now with all the attention focused on the first african-american woman on a presidential ticket here and one a lot of people are looking at, yeah, maybe she could be the next president of the united states with so many convinced joe biden wouldn't want to run for a second term. he would be 78 years old if he were elected at the time of the inauguration, at least that.
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she is 55 by the way. so there is a good deal scrutiny how she will perform in the debate opposite the president, vice president mike pence. fellow who is pretty good at debasements i had a honor working with him on one, well-schooled here, great writer as well, former leader of "the wall street journal," great columnist now, also "the wall street journal" at large post. he gets right to it. you know, when you and i were doing those debates, jerry baker, it was a focus how you could look to the american people. there wasn't as much interest in the running mates debate that is traditionally the case. i don't know about this go-round. what do you think? >> no, absolutely, right, neil. great to see you by the way. thanks for having me on. no, i agree with you, this is -- look the vp debate is always kind of the second billing. it is always sort of way down the order. it will be of course this time.
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everybody will want to see the debates first between president trump and joe biden but exactly as you said in your introduction, you know, kamala harris could well be president of the united states. biden wins could well be president of the united states. there was a poll i think last week showing a large number of americans that his vice-presidential pick would become president before the end of his first term. there is a very good chance, he said he would only serve one term, she would be the democratic nominee. we'll look at the republican vice president mike pence, who would be in a very strong position to succeed donald trump in 2024, if he chooses to do so, against kamala harris, who could be president of the united states in a few years and would be a strong candidate to be the democratic candidate in 2024. i think this will be a much more interesting vice-presidential debate than we've probably ever
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seen. neil: i'm curious your thoughts the backdrop of, president's handling of the virus. particularly the president's handling of the virus, whether you want to attach the blame or credit to him, depending how he fares, have at it. on that front the president has some serious polling issues. they could evaporate by election day, but serious issues, particularly in battleground states. how do you see this right now? >> yeah. again i think you're right, neil. indeed i wrote my column this week about many sort of media, media myth making around covid. the media is, most of the media is intent on presenting the united states and president trump's record of handling covid as an absolute disaster saying that the united states is the worst country in the world, highest number of cases. that as we know is just not true in terms of population, the united states is kind of somewhere in the middle of major
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countries. not good, nothing to celebrate, nothing great about it but not notely worse of average of major countries. many in this country, many of the major problems have been leaders by democratic-led states like new york and new jersey. most of the deaths in new york, new jersey, illinois, connecticut, they account for substantial number of deaths which can't be laid at the feet of donald trump. i do think the president's problem, neil, certainly reflexive of polling is impression many people have that the president didn't take this seriously. that he dismissed it. he said it would go away. it would disappear by a miracle. we have a handful of cases. we have 160,000 people dead later. well, people say he didn't have any feeling for this. he wasn't in touch with this. that is very much why he reduced the press conferences and entire tone last two weeks of the virus has been much more serious and much more acknowledging this is a serious problem.
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but you're right, that is going, the perception of the president was asleep at the switch or didn't care, wasn't paying attention, you know is unfair as some of the accusations media have been, that perception has stuck. that is a big problem. probably the principle problem he has got to try to overcome in the next 2 1/2 months. neil: yeah. very quickly, jerry, having moderated debates yourself here, they don't turn necessarily on facts or substantive information. sometimes they can turn on style. the rap against joe biden that he might be rusty. the few public appearances he has made when he comes out of his house, is that he stumbles a lot. he loses his train of thought. who am i to talk because forget it. i barely know where i am right now. so i will leave that aside, i'm not going to judge but i do wonder if these debates could reveal that in ways democrats
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might not want to see? whatever you think of donald trump, fast on his feet, might say some things that kind ever rattle cages and all, but you know, he could change the dynamic here? your thoughts. >> he could. joe biden is doing unusual, reverse roses garden strategy. normally the president, incumbent president, ahead in the polls tries to stay inside, doesn't want to engage, doesn't want to do much media. comes out when he has to. biden has a lead in the polls. he has this terrible tendency to put his foot in his mouth or demonstrate some cognitive incapability when ever he speaks. he is doing the rose garden strategy, the delaware basement strategy, don't come out there. only do friendly interviews. even when he does friendly interviews frankly he makes a lot of gaffs. the debates will be absolutely critical, neil, only real opportunity for trump to have a go at biden. try to force biden into some
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terrible gaff or terrible moment where he doesn't look like he is capable much doing the job. neil: something that will be memorable. we'll watch it very, very closely. thank you my friend. i did enjoy the covid-19 column. put a perspective. the rush to judgment here. everybody should stand back to look at the actual data and numbers to keep it in perspective. jerry baker, "wsj at large" host, much, much more. we have number of moments waiting for the democratic ticket to appear in person for the first time as the president and vice-presidential picks for the democrats going into a race they think they're not going to lose. other tickets felt the same way and it hasn't turned out that way. ♪. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market.
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chicago is not exactly endearing itself to residents let alone to tourists. jeff flock on the impact of that and impact it is having. reporter: neil, i love this town. this is one of the reasons why, this day, beautiful, look at the the at ferris wheel, the pier, beautiful city backdrop behind me. on a day like this, we would see this teaming with tourists and people coming in from the suburbs. i don't know i feel like i'm an impartial observer anymore. i lived here for 40 years. jack live ven, chicago chamber of commerce. i'm not impartial on searcher. looting we saw this week, puts another nail in the coffin with covid, something has to be done. >> we have it is a serious situation and it require as serious response. we cannot have economic recovery
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until we get control of the situation. we can not get people back to work until we hold people responsible for the looting and criminality. reporter: we had people saying this week after the looting took place on sunday and monday, you know, there is insurance, that will cover it. we deserve this. this should be ours. we should be able to take this. >> you know -- reporter: that kind of mentality seems to permeate not just that community but in some ways the people that prosecute and keep the law? >> you know, this downtown business district, the central business district is our economic engine. it provides jobs. we can't have recovery until people have their livelihoods and jobs and that attitude is going to prevent us from recovering because small business owners, they have had to deal with the health crisis, the looting earlier in the summer and now this. they can't afford to have the down time and sales down. this provides our tax base.
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property taxes that fund our schools in every neighborhood of the city. neil: reporter: i hear you. neil, i just leave you with this. you said people are moving out of chicago. black middle class people are moving out of chicago because of the gun violence. they were moving in here, moving into the communities right here which you see were looted. this really jeopardizes a city that i love. it is very disconcerting. neil: i can well imagine. it shouldn't be. jeff flock. thank you very, very much. want to turn your attention as well to businesses that are trying to thrive and make it in a covid-19 world including a lot of casinos and including especially jim allen is doing at hard rock international seminole gaming. trying to make sure distancing, capacity provisions are being aggressively policed. how is that going right now? let's ask him. jim allen joins us right now. jim, i understand now, there are even folks, whose principle job
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it is to police those crowds. how is that going? >> first of all, good afternoon, neil. it is going well. certainly this has been a learning process. what we saw was, a lot of individual being very repeck respectful in the facility. wearing a mask. once they get in the facility, have a drink or cigarette or something, masks were coming down. we realized we needed to be more aggressive in this area. by adding additional employees it is showing some positive results. neil: you know the way this gets back to state and authorities they have sometimes snitches in the ranks who will focus not only crowds at casinos such as your own, but even at churches where they aggressively police this. they make sure it adheres whatever the rules in the state or locale are. can you say anything about that? >> sure. you know, i think it is not just the authorities.
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frankly the media also. you know, also i think if someone is in the mind-set of everyone needs to wear a mask and if one person brings their mask down, that can have one particular set of emotions versus, you know, others that feel that masks are not needed. i think one of the diversities of the hard rock brand is, we're in so many different locations. we clearly see the difference, depending upon the state or in some cases the country we're in, we just have to be respectful to that process. neil: we'll watch closely. jim allen, best of luck with this i know you've been trying to juggle a lot of things. it is different rules for different folks in different areas. so far seems to be working out. jim allen, hard rock international gaming chairman, seminole hard rock ceo. you heard by now that kamala harris accepted the number two spot with joe biden. the guy xi used to date you
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know, all truth being told to accept that number two spot. willie brown, the former san francisco mayor explain why he recommended she not take that job, after this. ♪ the ambiguity. the moment calls for more. and northern trust delivers more. with specialized expertise. proven strategies rooted in data and analytics... and insights borne from over 130 years of successfully navigating economic turbulence. giving you clarity. inspiring confidence. and helping you uncover new paths forward. northern trust. wealth management.
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♪. neil: many argue with the attention on kamala harris the guy ho started her career going was the former san francisco mayor willie brown. he lately advised her in a column that it would be a mistake for her to take the vp spot. that she should actually politely decline it, maybe in favor of a more substantive post like attorney general. obviously she opted to ignore that advice. the mayor joins me right now on the phone. mayor brown, very good to have you. thank you for taking the time. >> yes. always pleasant to listen to you. neil: same here. now, it is well-known you two
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dated back in the 1990s. so i'm sure she respects your opinion and all of that. did she ever comment when, you know, that your column came out saying it would be a mistake for a number of reasons to take that number two spot? she obviously ignored it and took it anyway, but did you ever hear from her? >> no, i did not hear from her but i'm very pleased that she did accept the offer from joe biden to be his running mate. i had predicted in 19, in 2019, february of 2019, or january, somewhere, that the ticket would be biden and harris. then of course things unfolded during the course of the year and all that altered itself. i also went back and looked at 70 years of elections in this country involving president and vice president. only one in that whole 70 year
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cycle had moved from the job of vice president to president directly, and that was the first president bush. he was reagan's vice-presidential person and he is the only one. everybody else, obviously nixon became president but it was several years later when nixon became president. obviously ford became president but he got it because nixon resigned. then of course our friend, fellow southerner, the man who i loved and that was harry truman because roosevelt died. so i was fearful that the talented person like kamala harris who has the potential to be president of this nation, if she ever got sidetracked by being the second banana to a president, she may not be able to demonstrate those skills.
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that is what i was concerned about. neil: yeah. i could see that, but those examples you mentioned they are just, a heartbeat away from the presidency at that time. so the fact that so many americans are scrutinizing her as closely as they are, maybe owing to joe biden's age. she is getting a little bit more of that, you did write, it is obviously a huge honor to join a presidential ticket. you say the glory would be short-lived. you seem to be hinting, mayor, if joe biden might get in, might be a one-termer having nothing to do with his age but the economic cards he could be dealt. was that where you were coming from? >> well i do think this. i do believe to this day and i will continue to say it, and that is her future should be determined by her and her conduct, period. and i, without reference to
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joe biden, without reference to willie brown or anybody else, she will make those decisions, i just hope she makes them as appropriately as she did when she is served as district attorney of san francisco, as attorney general, and now u.s. senator. this is a rare find. she is really very talented. believe me, from a history standpoint, as a black person, this was the first black woman to rise to the level of a national ticket. only four women have been on the national ticket one fashion or another. she is the first african-american to hit there. believe me, the pride that we all have in this moves everything out of the way including any opinion that i have. neil: well you know, this is the fourth time a woman has been on the ticket to your point, mayor. hillary clinton was top of the ticket four years ago. but all those three other
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instances of the ticket ended up losing. do you think as hillary clinton seemed to charge after her own electoral college defeat that this country wasn't ready for a female president? it seems a bit of a stretch to me. maybe the right candidate hasn't come along. the bottom of the ticket is less of a factor you about what do you make of that argument? because already we're seeing hints from conservatives who blast the choice she is a little too aggressive, she is a little bit too opportunistic, things you might never say about a male candidate and i'm wondering if there might indeed be something to that, what do you think? >> i think hillary clinton was totally and completely accurate when she said what she said but being very clear, the same thing when jesse jackson, when a number of other african-americans tried to go after the presidency and they didn't make it, the world said
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they were not ready. then obama comes along and just blows everybody away with his successful maneuvering to gain the presidency. so somebody is going to change this nation's mind on the gender question and it may, it might have to be somebody who is really a prosecutor. that is what kamala harris was really proven in every way, vetted in every way, to show all kinds of the human qualities that make up people like ronald reagan, that make up the for people like the first george bush as well as the second george bush and clinton. so we have the opportunity for the gender issue to be directly addressed. and i do believe senator harris is prepared to address that agenda and move it further along than did either, either one of the other three woman who have
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been at that level. neil: mayor, as a former san francisco mayor i'm sure you're aware of the dust-up how to handle these homeless encamp ments that have mushroomed over the last year and there are a lot of residents complain about it right now, they want the homeless encampments cleared. lawsuits back and forth. it is just a mess. i'm wondering if it could become a campaign issue because it is happening in seattle, it is happening in new york, maybe not to the degree it is in san francisco but this is getting to be a national issue? and residents particularly are complaining, where are you on this? >> i'm one of the residents that is complaining. i believe that the homeless issue is a national issue. it is a state issue. it's a county issue. and it is a city issue. and america across the board, starting with president trump
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going directly to schumer, mcconnell, nancy pelosi, and everybody else who is involved they have got to turn because it is the ultimate demonstration of true poverty in this country and it is becoming very offensive in most cases, in most community. and in particular in san francisco. our own mayor is trying her best to do something about it. our governor is trying. they're talking about buying out hotels and motels and having people no longer be on the streets. would make the arrangements so they could be helpful and, supply some training, some health care, some mental health. all of the things that homeless people seem to need and creates a problem for the rest of us when they demonstrate it on the streets. and so it's frightening. you go to los angeles. there must be some 30 or 40,000
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people homeless in downtown los angeles. just one of the cities that are that way. you couple that with all the other unrest that has gone on in this country, including the pandemic, you know this nation is in trouble. neil: mayor, i want to thank you very much. we're coming up against a hard break. we'll have more after this ... is. and so are we. soon you'll get back to skipping the counter without missing a beat. back to choosing any car in the aisle. back to being the boss of you.
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neil: all right, stocks continue to advance on on the corner of wall and broad right now the s&p taking another stab at trying to get into record territory, about a percent away going into today the dow was still about 6% from all-time highs though it is trying to pair a percent off that gap right now. nasdac in and out. transports having a strong day right now, a streak we haven't seen the likes of which since what, 11 years ago. what that means and why that could be very bullish, after this.
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we charge you less so you have more to invest. ♪ neil: all right, well, it's quite a thing to see the school year, the last school year-end virtually, but the new school year also starting virtually? that is apparently the way it looks for 52% of the nation's students who will be doing classes virtually, as things stand now. another 19 almost 20% are going to do a combination of in-person and virtual classes, and the rest, well, what they hope will be in-person classes but that number has shrunk more and more and more. let's get the read from michael, the dallas independent school
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district superintendent and the superintendent is dealing right now with getting kids back and getting them back safely and then trying to reassure parents and the kids themselves that it's okay. that is an uphill battle and he's not alone. doctor very good to have you thank you for taking the time. >> thank you, neil thanks for having me this afternoon. neil: how does things look in the dallas area right now. the city itself obviously had a spike in cases, a spike in kids although not nearly as much and other states are seeing like florida and arizona but i am wondering where this puts you, trying to open classes on time and if you had your drothers, in person? >> yes its been quite a challenge neil. we originally were going to open next monday on the 17th. we've punted that to september 8 to try to buy more time. luckily dallas county and the state of texas is improving in the numbers. many of our students need to have in-person instruction, but it has to be safe.
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right now, we're hearing that 50 % of the parents want in- person instruction and 50 want virtual and we're hearing 60% of our teachers are willing to come in person so we're going to have to make a decision in the next week or so but we're still trying to have in-person instruction if at all possible. neil: then, doctor, another thing that's kind of interesting is getting covid-19 details intelligence on those students returning, and that gets privacy advocates concerned where is that? >> well that's very important. the parents have until monday the 25th to let us know if they're coming in-person or not but that's federal privacy laws that we have to keep confidential with the families and of course we have to plan, we have to know how we're going to incorporate them into the hallways and into the classrooms but that's data that we use to keep them very secure and we will continue to do that, but we have to be able to execute on the plan to make sure we have quality instruction
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in the classroom. neil: it seems to me, and this has come up with other superintendents with whom i've been chatting and to a man or woman, you got the pressure of the world on your shoulders, that it will be a combination of the two, maybe for the entire year. do you think that's the case, that it be both in-person, virtual classes, in some degree in some percentage through the whole school year? >> well we've been warned even by our state officials to be prepared for five-day rolling shutdowns as we have cases on campuses we'll have to get in there, identify, clean, test, and get back open. so the short answer, neil, yes i think we'll have some form of this for the entire school year. hopefully things will keep getting better and but hope is not a strategy. now, i expect that by january, things will be a lot better, but we had to be prepared to go into virtual shutdowns and we have to have connectivity in the homes
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in case we do have to go into shutdowns either campus-wide, school-wide, you know, classroom , whatever it might be. we need to be ready. neil: did you ever think when you first became a superintendent that you'd be dealing with something like this >> this is my 26th year, neil, and i have never been through anything like this. this , we had a tornado in dallas and we had this one, its been crazy but i thank goodness i have that much experience to try to navigate these troubled waters right now. neil: indeed. well best of luck to you, the dallas independent school district superintendent juggling all of that. imagine you have half the parent s okay in-person, half who are not and the other guy in charge trying to satisfy both. that can sometimes be a winless strategy right there. all right speaking of a strategy right now the democratic ticket as you know is set. it's going to be introducing itself or themselves to the world. joe biden and kamala harris and
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that, we should see in a little bit more than, probably less less than an hour from now. hillary vaughn an what we might expect. hey, hillary. >> reporter: hey, neil we're actually looking at the event to start around 3:50 p.m. this afternoon, but what's interesting about today is senator kamala harris shows up for the first time in-person, side by side with her runningmate, the pre u.s. ever democratic nominee joe biden, when he asked her yesterday on a zoom call to be his vp, she said "yes" but months ago when she was still running in the race for president herself, she was asked if she be biden's vice president and she said she thought he be a better vp for her. >> i think that joe biden be a great runningmate, as vice president, he's proven that he knows how to do the job. >> reporter: since then, harris has not only had a change of heart towards being biden's vp but has also progressed from biden's chief critic on stage
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right on debate night to his right hand woman who will be joining him on stage today. >> the only african american woman that's ever been elected to the united states senate, a whole range of people. >> [laughter] >> i say the first. >> thank you. >> i would just say hey, joe. it's better than saying we can't let's say yes, we can. [laughter] >> [applause] >> that's constitutional. >> reporter: and neil as we reported last hour, harris was on her way from d.c. to delaware and we believe she could have been spotted pulling into biden 's house which is just 11 minutes away from the high school where this event is scheduled to be held this afternoon, so she may be making a pit stop to not only see her runningmate joe biden, but also his wife jill and maybe even his two dogs. neil?
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neil: all right sounds cool. all right thank you, hillary vaughn on that so that obviously that event pushed back to 4:00 p.m., 3:0 p.m. usually by the minute so we'll watch it and the fallout and impact on all of this and policies involved in this , i was going to sort out for the economy and the markets, charlie gasparino, harold ford jr. the former tennessee congressman. welcome to you both. congressman if i can begin with you. there is a lot in kamala harris' background that indicates less the progressive extremist that some have painted her to be and i'm wondering in a flip sense, given her tough on crime prosecution path, her reluctance to force americans to give up their private insurance could rattle some progressives cages here, might help her in a general election, but what do you think? >> look, first off thanks for having me on. i think five states matter the most here, maybe six.
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the big 10 states and a few states on in and around and near the coast. this election by joe biden was the right choice. he gives himself a chance to stay quiet from the standpoint that his policies and ideas and the focus that he's made this campaign about already which is about main street, the focus and the questions around wall street are questions around her moderate views, i think will all be muted as he continues to talk about ways to build a country back, ways to provide capital and opportunity to small and medium-size cities, main street america that has been left behind. the more the vice president and his runningmate are able to focus there, the more wall street will rally behind them and the more wall street will be willing to do the things they should be doing which is finding ways in which to help in viega o rate and rekindle growth along with government working in public-private partnerships to make that happen. i think this was the right choice. this will be a tough race, as everyone knows. we need not kid ourselves with
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the pageantry we're enjoying as democrats. donald trump is as good a politician that has served in the white house and he and mike pence or whomever he runs with as we get closer to november, will be formidable opponents but i like where the democrats are and i like the way joe biden went about doing this. he picked his choice and he did it on his time. neil: biden and the senator, if you think about it, charlie, are more moderate at their core than certainly the flavor, the more progressives in the party, but those progressives are going to be given prominent roles, alexandria ocasio-cortez has a speaking role, we're told that elizabeth warren will as well, you reported that many see her as a potential treasury secretary, so there are two voices that will be shouting in biden's ear. i'm just wondering which ones out. charlie: we should point out that this was a good choice by
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biden for a lot of reasons including she served, she's a u.s. senator and you need somebody that could be president who is particularly in biden's case given his age. i will say this one thing about joe biden and kamala harris. they're both politically maleable. they are both maybe at their core at some point in their careers moderates or liberal moderates. they are now being pushed far to the left in their policies. they are calling from both of them just look at what they both ran on what kamala harris ran on , and what joe bidens running on now. massive tax increases, massive regulation increases, green new deals, you name it, they want to spend for it. it's hard to say that either of them are moderate right now. now they may be more moderate than aoc, but that's like anybody is more moderate. bernie sanders might be a little more moderate than aoc, so i'm
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just telling you that the democratic party is now full fledged flight to the left on all sorts of economic and social policies. you've not heard one word out of joe biden, kamala harris, or any major democratic party figure about the violence that's going on in this country in the inner cities. you've not heard, they just keep throwing out programs about spending and taxing and you know , listen there's wall street supporters of kamala harris. i know that. that's how we were able, fox business was able to be front and center on some of this reporting, but wall street won't like what these guys do. i mean, these guys are going to rearrange the economy in a way, particularly if they get the senate. i mean that's one thing that people forget. trump could lose the republicans could keep the senate and then you have the biden government but you know, if biden wins -- neil: you get a big run at the
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table that does change things. you know, harold, i had willie brown here the former san francisco mayor who as you know dated the senator many many years ago and he had advised her not to take this job because he was essentially saying things are going to fall like a house of cards in that first term and it might be a one-term and she might not benefit to the degree people thought. what did you think of that? he's happy to see her on the ticket, he expressed that but if he were to get elected, he might be a one-termer, having nothing to do with his age and everything to do with the confluence of events that could go cascading down. >> look far be it for me to question the political wisdom of one of the most astoot politicians to serve in the history of american politics in willie brown but i do know this. you have no chance to win a second term unless you win a first term so if she and joe biden or joe biden and her, we must remember she's number two
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on the ticket. at the end of the day this campaign is about the two people at the top of the ticket and i know there's a lot and some talk about it's sometimes unnecessary talk about his health and whether or not he will last but he's running for president. he and donald trump are of the same age-group and i wished them both the best in terms of their health. the question the country has is whose ideas are the best? now charlie is my pal but i'll tell you this. joe biden has never been some sort of flaming out of touch out of mainstream liberal on policies that affect middle class americans, for that matter small business and main street business. the more -- charlie: he is now. he is now. look at his policies. this is not the democratic party of barack obama. forget about bill clinton. this is far leftism and it's the tail wagging the dog so to speak. it's aoc and bernie calling shots. >> your endorsement of barack obama i know he would appreciate that. my only point about joe biden is
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-- charlie: i'm saying biden is more liberal than barack obama which is saying a lot. that's saying a lot. >> but joe biden never supported medicare for all. he was not for defunding the police. president trump repeats that he's wrong. charlie: we don't know about the second one. >> they had all to fact check on that. he may not be as outspoken as you want him to be around the violence in the city but he's never supported funding the police but i've got to tell you these are the kind of side paths -- charlie: he's poking around that harold. >> but these are the side paths that republicans want to pursue in this race. they have to remember one thing. in 2016, some of the data suggested that secretary clinton was not as liked by a lot of the electorate. i liked her and supported her. one thing is clear. if that data turns out to be true from 16, those same voters like joe biden. so if you're donald trump you have to realize one of the things you don't have going for you is that you're running against someone whom you have framed the way you wanted to frame and made people not like
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for whatever reason if that data was true. like i say i liked her then and i like her now. neil: i don't think it's the policy issue, right now, much of the attention has been focused, i think, on the vice president's halting performances when he does come out of his home. you know, he forgets things and stammers. look i'm not here to judge older folks when i'm not there myself and not remembering what i had for breakfast who am i to judge but i'm just saying in a debate, it could cost him. are you worried about that? >> look we welcome the opportunity to debate president trump. if i had his record on covid, on how he's handled the economic and racial unrest in the country -- neil: that's not what i asked. is he showing his age is it hurting him? >> vice president biden welcome s this debate and you know as well as i do both you and charlie the more they down play and the more they underestimate joe biden. charlie: i've never underestimated joe biden. you know for a fact that i've
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been saying he's likely to win from the beginning. i'm just telling you this. this election is now, the democratic party has moved so far to the left, so far to the left and is not come out against violence in the streets so much as that look at the real clear average politics, the poll ing. trump has had a horrible three months. neil: all right guys. charlie: he still could win. neil: it's still early guys i want to thank you both. i apologize for cutting you off but actually, i'm happy to cut you off, but seriously guys thank you both very much. i want to get you both back to where it's enjoyable. with us right now when we're talking about the protests and law and order good subject to bring up with the florida attorney general, ashley moody. very good to have you, law and order is front and center. we get that and that this ticket has to explain its position because it has not ripped the protest, i think maybe joe biden has talked about going too
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far with these protests but that's about it. your sense of how that becomes an issue? >> you're exactly right. at the top of a ticket, people right now are craving a leader that can be concise, clear, courageous, competent and when biden was looking for someone to pick for the vp post, he did not check those boxes when he picked kamala harris. with everything going on in the world and our nation, that was absolutely essential and he missed it. neil: do you think attorney general looking at what's going on in your own state with a spike in cases, you know,. >> governor: desantis's approval numbers have dipped, the presidents numbers have dip ped, the republican convention which is supposed to be in florida now that's gone, i'm just wondering if this state that the republicans counted on,
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they can count on anymore. i mean with all the controvers ies around whether the ticket is too far left, it still leads. now that might be tested in the fall campaign, you're right, but does that surprise you that even the presidents handling of the virus, governors handling of the virus, had suddenly seen the sunshine state slip away from republicans. >> i can tell you that floridians like all americans, they want leaders that will come out in the face of all of this chaos, and disruption, to the safety of our communities, that will come out and stand up and be courageous, that they have a track record of being competent. senator harris, when she was d. a., she had one of the lowest conviction rates at jury trials compared to her other big city colleagues. the homicide rate sky rocketed and while she was alleged to have manipulated the data you can't manipulate data when there's a dead body. she refused to prosecute to the
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fullest extent of the law when a cop was killed, even though the widow begged her to, when ms -13 gang member shot a father and two sons, you know, the d. a. in one of those case, excuse me the a.g. threatened to step in. i mean, you need a leader that's going to plant a flag in the face of fierce political wins, not someone like senator harris who will blow whichever way the squad or pelosi pushes her. neil: all right, we'll watch it very closely. the irony is as you know, attorney general, many progressives are saying that she was too tough on crime and all too willing to throw people in jail. so, cuts both ways. we'll watch how it sorts out but thank you very very much for taking the time again. we are waiting to see that ticket of course and make its way out of wilmington to sort of talk about what they want to talk about and the issues that are important for them a little
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bit more than two hours away although we could see each or both prior to that, after this. before money, people traded goods. tools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper,
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and, even get notifications with breaking news alerts and more. with the xfinity sports zone everybody wins. now that's simple, easy, awesome. say xfinity sports zone into your voice remote today. neil: all right, so news out of the garden state where new jersey governor phil murphy signs an executive order that effectively clears the way for public and private schools
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all the way up to colleges and universities to reopen in the fall for in-person instruction. that doesn't mean it will be in- person instruction. it might be a mix of virtual and in-person, some school localit ies have already indicated that they will start out virtually, eventually get to in-person instruction, but the governor effectively saying as did his counterpart in new york, andrew cuomo, that you're cleared for in-person but it's up to you essentially to indicate what you want to do. so we'll follow that very very closely. we are also following the news with tesla now, a big old stock split that is getting the attention in the stock it be a five-for-one stock split as is typically the case. it doesn't really change the dynamics and the old world math here but every time you get stocks where there's a lot of interest in that when apple did that a four-for-one split a couple weeks ago ignited interest in the stock and it's igniting interest in this stock
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so tesla and the electric vehicles and the a lure of them, a compelling draw doesn't my next guest know it mark russel runs a company that's come up with electric vehicles themselves larger trucks and extended garbage trucks and the batteries that charge them. he's getting a great deal of attention on the street right now, and way beyond the street. mark russel very good to have you thank you for taking the time. >> thanks for having me. neil: let's talk a little bit about how you would distinguish yourself from what tesla is doing and what we see elon musk building. you're not so much into cars as you are very big trucks, and power alternatives but explain. >> so we have focused on classa trucks here in north america, heavy commercial trucks in europe. that has been our focus from the beginning. one of the important differences between us and tesla from the
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beginning is we have believed that for long-haul trucking applications, batteries aren't good enough yet and you need something to get you extended range without sacrific ing a lot of pay load, and for us, that's hydrogen, so nikola's distinction in the market is that we provide a long-haul solution with a hydrogen truck and we also have a bundled lease where we provide the hydrogen and the truck and the maintenance for an all in one price per mile or kilometer and that's been really successful. we have over 10 billion in pre- orders for that product. we also produce a battery truck. neil: how do you charge a hydrogen vehicle though? how do you go about that versus the more traditional electric- only vehicles? >> well the amount of energy that you need to get on board is similar. the difference is whether you're charging a battery or whether you're making hydrogen, so our hydrogen stations which we've worked for years now to
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standardize and prepare to build around the world, we've built the first one here in our headquarters which people can see it's the largest one in the western hemisphere that we know about. you make the hydrogen when the powers available. we're trying to use green power from wind or solar or hydro, and i'll take nuclear because it's carbon-free, and we take that power when it's available overnight, early in the day when solar power is abundant and the demand isn't so high, so we can make hydrogen most of the 24 hour cycle using electricity that sometimes today is wasted from overnight wind and solar peak in the early part of the day, and then we don't have to take power during the peak in the evening hours, which is where the peak of demand is. that's a big problem for grid operators getting renewable power into the grid. we make hydrogen out of all of the extra and we don't take any of their peak needs, so it's a really super way to fit renewable energy into the grid and help balance that.
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our hydrogen helps solve that for grid operators and is an answer for grid operators around the world we think. neil: i don't know whether you were teasing or the company was teasing, that to work with elon musk on this. did you ever get a call back? >> [laughter] not that i know of. you know, it's weird. everybody wants to pit us against each other. there's plenty of room in the market for multiple competitors. tesla has been really successful , but they've only converted single single-digits of the market to zero emissions. there's a tremendous amount of work here if we're going to save the planet from emissions for transportation applications so we hope that tesla succeeds dramatically. we think there's plenty of room for both of us so we don't have this big rivalry that everybody tries to stoke. we're happy for their success. they're paving the way for a lot of people in the industry right now. neil: all right i'll believe
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that, mark until you start launching rockets into space then i'll say wait a minute. all right, very good seeing you best of luck with this. very in creeking mark russel, the nikola ceo. they're coming up with wild stuff but if this doesn't prove that alternatives to traditional fuel, traditionally-powered vehicles is on, well i think that removes all doubt. we'll have more after this.
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neil: all right show me the money. right now a lot of people are hearing about the president's executive actions to get coronavirus stimulus out and to the public. they just want to know if and when they'll see it anytime soon let's go to edward lawrence. what are we looking at here? >> reporter: neil the money actually comes through fema so states have to apply to fema to activate this money. once it's activated looks like the last full week of august will be the first full week of the benefits and now the president will add $300 a week to this to that executive order through the other needs
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assistance program and then the states can go in and pay an additional $100 a week if they wanted to using the coronavirus relief funds. now this is why the treasury secretary talked about $400 a week, this morning, on mornings are maria. >> we thought a very fair compromise was $400, and that's why the president put that in the executive action and that's why we're moving forward with that and 200, 4 undercut, 600, there's a compromise at 400 so instead of the democrats basically saying don't give anybody anything unless we can get exactly what we want the president wants to move forward with a very fair proposal. >> reporter: and under the executive order the president has obtained $44 billion for this program, and if you do a little bit of math on this that adds about five to six weeks of added benefits buying time for the administration and democrats to possibly come to a deal. now, in the executive order anyone making more than $100 a week in unemployment benefits
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from states wobble inable. senator tim cane says this need is undeniable. >> more than 30 million americans are collecting unemployment benefits and last week their benefit checks were cut by more than 50%. in virginia just as an example unemployed workers are now receiving a maximum, a maximum of $378 a week. that's not enough to pay rent. >> reporter: now democrats and the administration have not spoken since last friday in- person. they are talking to the media face to face but not each other, seems to be a stalemate related to this next package. back to you. neil: all right, thank you very much edward lawrence. i want to talk about the former louisiana governor about other matters including that newly-min ted democratic ticket but governor, do you think the president has the power to do what he wants to do?
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many are saying it's dead on arrival, companies are going to be leary of following up because they know this is just a presidential directive and not a matter tasked by congress, what do you think? >> so neil two things. one strictly speaking legally i do think we have the authority to actually read the executive orders in this case he's redirecting fema dollars to unemployment to unemployment assistance. i don't think it's the best way to accomplish this. it's for congress to come together in a bipartisan way and as a former congressman somebody whose critical of president obama for all his executive actions so i think it's legal and he's trying to break the log jam i give him credit for trying to get past the impasse. you've got two real problems with congress. the democrats think it's their political advantage to stonewall they think they can blame republicans for all the misery happening in the economy. secondly democrats are insisting that we pay the federal government pays people more not to work than to work. that's crazy. certainly we need to help people who have lost their jobs through no fault of their own the government ordered these
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shutdowns, they deserve help paying their bills but we should be adding trillions of dollars to the debt unncesssarily and certainly shouldn't pay more to stay-at-home than to work so yeah it's legal but the better solution is for congress to act. neil: the democratic ticket now is going to be interesting to the american people in person a little bit later, what do you think of it? >> well look i think joe biden made a safe choice within the democratic party. he's playing defense. he thinks he's ahead in the poll s and he thinks if he just hides in his basement he's going to win this election. i want to congratulate senator harris and it's a great thing that immigrants like her and my parents can come to this country and pursue the american dream, but this election is not about these candidates ethnicity or gender. this election is about their ideas. senator harris has endorsed things like the green new deal medicare for all, ranked one of the most liberal senators even to the left of bernie sanders, the least likely to work across the aisle on bipartisan
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legislation and i don't think that joe biden is radical but i don't think he's strong enough to stand up to radical ideas and the democratic party so to me this is one more sign that the democratic party is drifting dangerously to the left, dangerously into the realm of radical left politics, just when we're about to reach energy independence they want to seize, defeat out of the jaws of victory with the green new deal that's crazy. they want to take away health insurance for millions of americans that like their healthcare coverage that's crazy so look i think this was he thought this was a safe choice. he thought that i think he think s he's playing defense. to me it's just a sign that the democratic party is moving further to the left. neil: you know, a little early in the race to judge that one way or the other but i am curious that he doesn't hold agog, she said nasty things to him on the debate stage, you of course said some nasty things about donald trump on the debate stage, but i wonder whether that says something about joe biden and this president, you know, he
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gets his hair up about anyone who says anything bad about him, and as a result, he's gone after republicans. he's gone after those who might be 99% with him and other issues but remember, there's 1% of the time they're not. have you ever experienced that? >> look, unlike many republican s i don't criticize senator harris for debating vigorously. she was debating to be the nominee for the president of the united states. it's a tough job and an important job she thought she was more qualified. it's not like i believe she said something that was personally offensive. you can disagree with her comments. she went after biden on policies related and she actually agreed with him about those policies so maybe there's a little staged, but i'm not critical of her for fighting hard. look, we want our leaders to be strong. we want them to be able to be articulate and be able to defend our ideas and part of the way they show that is through these debates so i don't criticize her for being tough. i think biden made a calculated
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decision about what was good for him. he thinks this will help him get elected president. look i think they get a lot of attention the next several days but at the end of the day this election is not about senator harris or vice president pence. this election is about biden and trump. it's going to be about whether the voters believe like i do that trump is best positioned to rebuild our economy, get us back on the right track, like he did before, or whether they want to go down the path of joe biden where i think that means more spending, more tax, he's talking about nearly $4 trillion of new taxes, so i think that it'll be short-term news but this election is really about trump and biden. it's not really about the vice presidential ticket. neil: all right we'll watch it very closely governor, good catching up with you thank you for taking the time. we talk about the environment right now and taxes and everything, well it's so bad in new york, that people are leaving, in droves. now i know the new york mayor said he's not going to beg people to stay, he didn't bother they've already left.
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stocks by the slice from fidelity. get your slice today. neil: that's one of the measures they could be kicking around is to take your license away, all be forcing you out of business forever. what would you do if that was done? >> my response to that is good luck, because it's handling everybody in the same exact way you're going to be violating our constitutional rights, and we'll go and have a lawsuit against them and we will stay in business. neil: well, they did lose their license. the council there in new jersey voting against them, and saying that there goes the license. they reopened today, nevertheless. they got a lot of local support, but again, authorities have show ed up to reclose it or pad lock the doors we'll be following that one very very closely because its become a national story in light of businesses that have to shutdown
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because of the coronavirus. in the meantime, we are following developments at various states that are dealing with an exodus of other sorts people leaving because of high taxes. especially now. gerri willis following that in the big apple. gerri: hey, neil that's right. are you tired of paying city income taxes? who isn't. major move outside the big city during the pandemic is a good excuse not to pay those taxes. think again. >> you need to be very careful about who you're tangling with and understand the law. they will chase you down. they will keekaroo where your pet lives they want to know where fido is and they will use these things to determine whether you're a resident. gerri: authorities are some of the most aggressive in the nation, and they say these experts, auditors in big cities like new york won't let those
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dollars escape easily because they are so important to already-stretched budgets. take new york where residents have already pulled out $336 billion in last year alone. income taxes there support 13% of the city's budget. no wonder then, new york governor, andrew cuomo, recently begged city residents to return saying we'll go to dinner, i'll buy you a drink, come on. neil: all right, gerri i apologize for that. some technical issues there. again, we're watching that because that exodus is very very real. a lot of the individuals & companies that have already said they are leary about returning these latest developments have now confirmed it. we're trying to get an overall dollar figure on that but it is substantial and again as gerri is pointing out substantial enough to the new york governor saying fix the meals if they just come back. after this. hey, can i... hold on one second... sure.
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somebody whose really a prosecutor. we have the opportunity for the gender issue to be directly addressed and i do believe senator harris is prepared to address that. neil: all right, the former san francisco mayor willie brown weighing in on kamala harris and then her chances, keep in mind that this is the fourth time a woman has either been at the bottom or the top of the ticket of course four years ago at the top of the ticket on three other occasions, as a runningmate, but the fact of the matter is each of those prior three occasions on the ticket lost. is that because a woman was on the ticket? hard to say and very unlikely but that has been the statistical fact. kelly jane torrence as to whether this is a different dynamic. what do you think? >> yeah it's a great question, neil and i don't think there's any question that there was a lot of sexism at play when hillary clinton ran against barack obama in the primary that
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was of course the one that he went on to win, and people complained and i do think some of the media coverage was unfair , and people worry that americas a very racist country while a black man became president before a woman, and i do think that that is interesting and didn't surprise me at all. women do, there's still that glass ceiling and there's still a lot of people that aren't quite ready, i think, for a female president, and i think the question is not quite the same now, because of course kamala harris is not on the top of the ticket, but given that polls show that about half the voters don't think joe biden would actually complete his first term. this is a vice presidential candidate that if that ticket won she be closer to the top of the office than any vice presidential candidate we've seen in a while, so it is an interesting question and it'll be interesting to see how things play out and i think it's interesting that will it brown brought up her being a
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prosecutor. this is a tough position. prosecutors are seen as hard as males, and that is something that has been difficult i think for women to be able to present themselves as. you remember when hillary clinton was just running as first lady in a way she had to talk about how she didn't want to bake cookies and people were upset she started wearing hair bands to make herself look more feminine. it's fascinating how these things come at play but we're still hearing things like kamala harris is too ambitious. that's not something i've ever heard about a man, but we're hearing that about kamala harris neil: no you're quite right. you're quite right about it though, you know i always hear maybe i don't think the country has a remote problem with a woman president. just hasn't found the right woman, and i look at the number of female senators and congressmen and governors and
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i'm just saying that that doesn't jive with me and we've had females who are leaders to put it mildly and we've had very prominent names in this country try for the job, just did not get through. i don't believe on any issues i just believe it's maybe the right woman hasn't come along to say nothing about all the ceo's and prominent internationally famous journalists like yourself, so i don't buy that. i just don't buy it. having said that, the issue here is more focused on the number two position because she could be in the number one position. that would get more scrutiny whether it was a man or a woman , right? >> you're right, neil, and you know, you do have a good point. i think you think of a place like texas, which the stereotype of people outside texas is it's this manly kind of place so ann richards, she was governor and she was very popular there for a while, so i think you're right. i mean, even in places in the
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south where people think that it's a bit of a patriarchy, we've seen lots of strong women, nikki haley in south carolina so there's a bit of double standard s in terms of women being seen as too ambitious but i think a lot of that, you're right, and to me it seems a little bit like we do spend a lot of time overthinking perhaps some of these things. neil: no i think you're right about that but we, i don't think we're that bad. i don't think we're that much of dinosaurs of the country, and the right woman has not come along that could be it. >> and i think nikki haley has come up as a name of course for 2024 and i think she would do -- neil: all right, thank you, sorry about that. we will explore this in greater detail as soon as we get our sound right.
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charles: good afternoon, i'm charles payne. this is "making money." breaking right now, stocks bouncing back after the late slide yesterday breaking a seven-day winning streak. we're still near record highs. we'll take a look at the message of these markets and of course what happens next. we're all waiting to debut the democratic ticket as joe biden, newly-chosen running mate are set to appear together in delaware this afternoon. we'll take a deep dives into their views on the economy and how their economic policy could impact your wallet and your portfolio. all that and more on "making money".
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