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tv   Forbes on Fox  FOX News  November 4, 2017 8:00am-8:30am PDT

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>> after the worst terror attack in new york since 9/11, one lawmaker, christian gillibrand is calling for federal funds for protected barriers on popular areas throughout the united states. tracy is in times square with details. this would mean a lot of extra federal funding. >> absolutely. and david, you know, right now, behind our camera, several dozen n.y.p.d. officers are getting ready to go out on foot patrol. and the n.y.p.d. has one of the largest counterterrorism forces of any police departments in the country. you know, the mayor, mayor bill
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deblasio, he says the city is very comfortable putting officers with weapons out in times square with the message don't try anything here. the city is putting final preparations in place for tomorrow, one of the largest events here in the city, that's the new york city marathon that attraction some 50,000 runners and 2 million spectators along the 26.2 mile route through the city's five boroughs. the city says that this will be the largest deployment of n.y.p.d. officers on record. they will be both seen and behind the scenes and there will be a number of officers on the ground and up above watching things from helicopters, from roof tops, there will be a number of sand trucks deployed and blocker vehicles, all to keep everyone safe. meanwhile, in chicago, there is an increased police presence there at high traffic areas and landmarks, like navy pier,
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millennium park and police there say they are tightening up security even more activity working with local ap federal law enforcement partners as well as homeland security. the police say they have a large patrol presence and the los angeles police department are on the lookout for any threat that might be in the city and new york city senator kristin gillibrant looking at concrete planters, to have local traffic barriers, like planters, designed to protect pedestrians and cyclists and this would be 50 million over the next decadement already at the site
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of tuesday's terror attacks on the west side highway bike path, new york city officials are planning to install more barriers there to prevent cars from entering into that area. we'll send it back to you. david: of course, tomorrow we have the marathon in manhattan. tracy, thank you very much. >> yes. david: well, meanwhile, terrorism is at the top of the agenda for president trump. he's on the way to meet political allies in asia. does he need to look at global terrorism after this week's attack in new york. john bolton is joining me. ambassador bolton, i think he did a good job protecting the sunnis to fight terrorism. can he do the same in asia? >> well, i think he needs to because, obviously, finance is
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global and even if you shore up protections in one geographical region, the terrorists are going to get their financing elsewhere and asia itself faces an increasing terrorist threat in indonesia, in the philippines and elsewhere. so, i think this is something that is a priority for him and his stops in north asia and when he stops in vietnam and the philippines, too, with philippines engaged in its own anti-terrori anti-terrorism. david: he says he'll hit them ten times harder than new york, does he mean niger and what happened there and missions all over the world or what? >> well, i think the anti-terrorist campaign has gotten complicated, really, in the past several years, as governments have fragmented. the government of yemen has come apart, there's no effective central government there, libya came apart some time ago and we saw some consequences of that in
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benghazi on september 11th, 2012 and the government of egypt, the countries of syria has collapsed and you're seeing boko haram in nigeria and terrorists can put their people in a lot of places rather than concentrating and that dispersal makes it that much harder to go after them. david: we don't want to be the world's policemen. we've tried that and we can't spread ourselves that thin so don't we need other countries, even if they're splintered, to help us out? >> well, we do and they would in different ways. in asia, the financing aspect, in africa, france has been a real partner with the united states in anti-terrorist activities. some of the other european countries could step up there, obviously, work with the arab countries in the middle east. it just takes a lot more work, a lot more political effort, a lot
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more international diplomacy, because the terrorist threat has not diminished. it's really metastasized in several respects and i think even with the elimination of the isis caliphate in what used to be syria and iraq, their leadership exfiltrated out of there long ago and what we saw in new york this week, unfortunately, we're going to see more of. david: let's bring it back to asia and a terror state in asia, that's north korea, a nuclear terror state. do you think they are going to try to pull anything off during the president's trip? there's some suspicion they may. >> look, north korea may have their own rationality, but they're not our terms. i think they'd be ill advised to try a nuclear test. and there's no accounting for the north korean leadership, if they did something like that, it would underline one more time why we can't leave that bizarre government with nuclear weapons. david: and probably why we
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cannot rely on china. the president, of course, is going to be spending time with president xi in china and he essentially has more power than anybody in china since mao tse tung, but it teams seems clear he's not willing to use that power to dam up north korea. >> look, i agree. i think the chinese have been two-timing us for 25 years on the north korean nuclear program, but you've put your finger on an important point. after this 19th communist committee parliament, no one is going to challenge him. the president who is an optimistic man will hope that china has increased the pressure on north korea. i'm just skeptical given the history, but i think that's going to be the central subject, the most important subject of the president's meetings in beijing and he's going to impress on the chinese that we can do this the easy way or we can do this the hard way, but
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one way or another, what he said in new york in his speech to the u.n. in september is that denuclearization of north korea is the only way forward. david: what he said to president xi, the last time the two met, they were having a dinner and the president announced over a beautiful chocolate cake, he said, a dessert for the chinese leader, that he was using tomahawk missiles to attack positions, and he tried to make an impression. i wonder if it stuck. >> i think that xi jinping enjoyed the cake, but president obama is not the president anymore. nuclear weapons in the case of north korea, this is the most serious threat the united states faces. north korea, not just a threat because it could launch missiles to hit the united states, but because of the desperately poor
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totalitarian society would sell nuclear technology to anybody with enough money to pay for it. the regime in iran or terrorist groups, who knows who? you can't leave the north korea regime with nuclear weapons. david: ambassador john bolton, thank you for being here, we appreciate it. >> thank you. david: the g.o.p. tax plan is supposed to help small businesses. so why is one small business group slamming it? we're on it. and army sergeant jonathan mo morerita tells me it's unacceptable that bowe bergdahl gets no jail time. the reaction from rob o'neill is next. and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people
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only new tena intimates has ♪ it'pro-skin technologyiend designed to quickly wick away moisture to help maintain your skin's natural balance. for a free sample, call 1-877-get-tena. >> well, the republicans say their new tax plan will help small businesses, but not according to my next guest. small business majority founder and ceo john joins us now.
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what's your brief? >> there's really nothing in this tax proposal that's going to benefit small business. david: nothing? >> small businesses don't pay at the corporate rate for the most part. so they're not going to benefit from that. the pass-through provision to lower the top rate on pass-throughs, combined with the change in the rate structure is only going to benefit about two large pass-through business entities. this proposal makes the tax code even more complex and worse of all, this blows a 1.5 trillion dollar hole in the deficit at a relatively time of prosperity where we should look at closing that so the government can fund. david: and you say there are 55,000 businesses across the country? >> when we do polling, we poll all small businesses. david: how many of these 55,000 businesses that you directly deal with will go from the 39 1/2% level of taxation down
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to 25%? >> about 2%. david: 2%. >> if you combine that with the-- 2% because you're eliminating, because the proposal eliminates the 26 and 28 amt and the 28% and 33% levels. even now, only 12% of small businesses pay above 25%. so, you're talking about a topdown proposal that really doesn't help most main street small businesses. what the drafters of this could have done was look at a bottom up proposal that we've proposed, allowing all small businesses to deduct the first $25,000 worth of income. so they're really-- >> that's pretty good. by the way did you make that proposal to anybody in power? did you receive any-- was there any receptivity on the part from the g.o.p. on that proposal? >> we've spoken to both sides of the aisle. there is some receptivity. that's not in the proposal.
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david: moving it forward, if the g.o.p.-- you know after the debacle with the health care thing not passing, if they don't get a tax bill done this year, they're probably endanger in the 2018 mid-term elections and you'd have a democratic house of representatives. you're not going to do better with democrats, are you? >> look, we're not-- it's not up to us who is in power. we deal with whoever is in power and we make proposals and right now we're looking at the merits or the lack thereof in this proposal and we've come to the conclusion -- by the way, i should add there isn't a single small business organization in the country left, right or center to support this bill. david: i'm just wondering, there are certain things, there must be something in here like the depreciation schedule or something is better. i'm wondering if a little bit of progress on the tax front is
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better than nothing. >> there's not much here that's going to benefit many main street small businesses. it's a proposal that benefits large corporations and very wealthy individuals and very wealthy business entities, essentially the lobbyists, investment bankers, and the like. this is not an about the pizza shop in iowa or the body shop in texas. this is about-- >> are you going to actively campaign against this and lobby against this? >> yes, we've made it clear that it does not benefit the vast majority of businesses. david: would you rather see it fail than pass? >> we would, yes, we would rather see this bill that blows a 1.5 trillion dollar hole in the deficit, doesn't do anything to help main street, we would rather see that not pass. david: the only thing, frankly, that's going to deal with the deficit is if those politicians learn to spend less money. that's the only thing that will help it. the growth will help a little
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bit, but in terms of spending, nothing is being done on spending so you're not going to get anywhere on the spending front. i'm wondering, again, if there is anything in there positive, even if it's just for the big guys, wouldn't something be better than nothing? >> david, there's really not much in there that benefits the average main street small business, it makes a lot less money than these provisions are affecting, and what it does, it removes money. you talk about the deficit, there's two sides to that, yes, it's spending, but it's also taxes and if you take 1.5 trillion dollars out of the government, you're going to have that much less money to fund obligations, to fund key programs that benefit small business and others. david: yeah, of course, when we have drop tax rates, even if it's just the corporate rate, you've ended up with more revenue because there's more economic activity. so that helps cut back on the deficit, too. but that's a whole other discussion. john, i wish you well, if i remember, i wish it was a bill
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you could support. thanks very much for being here. >> good to be here. david: thanks. a disgruntled worker knocking out the president's twitter account. why anyone using social media should be very concerned. also, a treasure trove of bin laden documents, a half million, released by the cia. rob o'neill, the guy who took out bin laden, is here. e, andi had to make a claim and all that? is that whole thing still dragging on? no, i took some pics with the app and... filed a claim, but... you know how they send you money to cover repairs and... they took forever to pay you, right? no, i got paid right away, but... at the very end of it all, my agent... wouldn't even call you back, right? no, she called to see if i was happy. but if i wasn't happy with my claim experience for any reason, they'd give me my money back, no questions asked. can you believe that? no. the claim satisfaction guarantee, only from allstate. switching to allstate is worth it.
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pure. love your insurance. >> so what did president trump do after an outgoing employee took down his account? guess what? he tweeted. saying my twitter account was taken down for 11 minutes by a rogue employee. the word must be getting out and having an impact. that shows how much power and influence big social media tech
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giants have. are they right or wrong? we've got all the guests for this one. first of all, fbn's kennedy is here. fox news contributor jehmu green and amy holmes. and what do you think about this, amy, does the president have a point? should we do something. >> it was 11 minutes that rocked the world, 11 minutes of silence from president trump, but i do think he does have a point. while on the one hand i know our good libertarian on the panel might say it's a private company, they get to set the rules of the road, who they censor and who they allow, but twitter is the public square and they're engaged in trying to have a cast system, the blue check marks, who is more privileged and who is not. i don't have a blue check mark and i don't care because i do believe in equality. david: kennedy, i'm wondering who needs whom? doesn't twitter need the
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president more than the president needs twitter? there are plenty of options out there. the president would probably get just as much notice if he put up notices on facebook or created a blog or whatever. i know that twitter is perfect for him and that's why he uses it, but they're benefitting more from him than the other way around. >> it's a mutually beneficial symbiotic relationship. for years the president has extold twitter's virtues. i think he's relied too much on one social media platform and maybe he should diversify his digital portfolio a bit. now it's interesting because this has given a little incentive for rabble-rousery at twitter. if there are employees with leftist communities, they may do the same thing and twitter may snuff this from within and go after the employee who played a prank on his or her last day and twitter has every right to do
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that. if you don't like it, don't it. if you're offended by it, don't use the platform, there are plenty of places to go. david: jehmu, weigh in here. >> first i want to buy that rogue employee a beer on me. i would say that this relationship between the president and twitter is more parasitic and we knew the power of twitter when it helped elect donald trump to the most powerful position in the world, but twitter is in trouble here. they just reported that they were overreporting their user numbers, and had to, you know, take a step back. david: that's true. >> they are -- they don't want trump to diversify because they're relying on him and how powerful he makes their platform, but we've also seen that, you know, they make decisions about who they're going to ban from the platform, the president's good friend roger stone was just banned
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after he made threatening remarks to don lemon from cnn and think don't hold that same standard to the president. maybe if they did that, that would be more of the equality that amy called for. and-- >> twitter. >> hey, twitter, give amy a blue check mark. david: hold on. >> hold on, first of all, the president has not been tweeted profanities in the way that roger stone did and i don't think that anyone supports that going on twitter, to be doing that. let me finish, jehmu. secondly-- >> and i wasn't-- >> and go ahead, amy. >> and president trump has been so reliant on twitter that it makes it easy for twitter-- i think that twitter social media more broadly does have a problem when it comes to democratic eggs expression the way that they want to guide viewpoints. google this their algorithms might push down conservatives.
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>> are there no conservative billionaires? because maybe they should band together and create their own platforms because if you find-- >> hold on. >> people either-- >> a great point. >> hold on. >> hold on, whoa, whoa, whoa, one second. jehmu, what's wrong with-- in fact, facebook has talked about this as a possibility. they have algorithms, as you know, that could spot whether somebody's a conservative or a liberal, depending on what they read a lot. so, maybe even within one platform like facebook, you could have a conservative group of people talking and a liberal group. it might divide the country even more, but that's happening. >> yes, it would. no, that's not what we want. we don't want more division david. david: like it or not, that's what's happening. >> look, whether it's facebook or twitter, they can do the same thing that wikipedia has done, where some of their employees, most of their employees don't have access to impact that person's account. you can't just go to wikipedia and update everyone's account on there. but at the end of the day i
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think that twitter. i think that twitter did donald trump a favor because i think we should all, a year from now, in those 11 minutes take a moment to do an act of kindness, to hug your neighbor, to just remember, that peace and tranquillity when donald trump was banned if twitter. david: with that note of mockery from our kennedy, we have to leave it there. thank you very much. no prison time for army deserter bowe bergdahl. the president says that's a disgrace to our military. is he right? and jack keane and the man who shot bin laden, rob o'neill are here. don't get too comfortable. we're talking to you, cost inefficiencies, and data without insights. and fragmented care, stop getting in the way of patient recovery
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