tv Cavuto Live FOX News March 2, 2019 7:00am-9:00am PST
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its been a fun show we never got that snowball fight. if the snow doesn't melt we can guarantee you a snowball fight. griff: big day tomorrow it's national anthem day we might have something up our sleeve. i love it. pete: join us have a good saturday. neil: there are conservative speakers who are the right and then there's the president of the united states who election trish regan fridays the right today it is donald trump's turn to wow at what has become known as the holy meeting grail of the conservative movement and they call cpac this morning and then today we are there when he does, and when does being bipartisan get you in trouble when alexandria ocasio-cortez catches you voting with republicans and vows to primary you if you do, let's just say she's got a list, and we've got the deputy chief with dan kilday on what he think s about that list and her and who says amazon is gone? new york governor andrew cuomo has a message for jeff
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bezos. please come back, pretty please why republican city council man argues it's maybe too little too late and he's not blaming the governor. guess who he is, and apparently kim jong-un thinks the third time will be the charm, yeah, he wants another summit with president trump. i want you to meet the former assistant secretary of state who says not unless kim does some big things now before any big meeting ever, and then michael cohen democratic rock star never mind donald trump's former personal lawyer is going to prison for lying to congress and now he's all the rage in congress, more hearing, more investigations, lots more questions. republicans call it squeezing the lemon before this particular legal lemon is off to jail, but who is really getting squeezed? we report, you just might want to hide all that and bernie sanders in new york, to compare kim hoods with the president of the united states, and money mae stro on the good financial
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karma of round this president of the united states, sure the dow 's nine-week streak of gains has stopped but when it comes to making money that doesn't mean you have to. it is simpler than you think, as long as you think simply. he'll explain because the karma is here on the show that's all about good karma, even when all the news isn't good that's why we're here, that's why we're live, and that's why we are starting right now. all right, it has been a who's who of big conservative leaders addressing cpac but the biggest of all after a whirl wind week overseas and here at home is the president of the united states and at cpac they are getting ready to hear him and roar with him fox news correspondent ellison barber at the white house with the latest. reporter: neil, yeah so vice president mike pence addressed the conservative conference yesterday president trump will do the same a little later today , he's going to travel about 20 minutes away from here
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this takes place at the national harbor in maryland it's likely president trump's last trip outside of d.c. this week a week he began by flying roughly 20 hours and landing in vietnam tuesday talks with north korean dictator kim jong-un ended early without any sort of major agreement president trump says they are still working towards something but that signing something in hanoi just wasn't the right move. president trump: this just wouldn't have been good for our country and frankly, he can look at it the same way. maybe he can look at it the same way but we get along really well , he's a different kind of a guy and i just said look, this isn't going to be working, so i have a feeling something down the line will happen and it'll happen, it'll be good. they wanted to denike certain areas and i wanted everything, and the sanctions are there, and i didn't want to give up the sanctions unless we had a real program and they're not ready for that. reporter: north korea denied asking for sanctions to be lifted in their entirety and
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said the country's foreign minister said they asked for partial sanctions released a senior state department official told reporters the north korea asked the u.s. to lift sanctions imposed by the u.n. security council back in march of 2016 and the north koreans wanted all of them lifted except for the ones having to do with the senior state department official said it would have been billions of dollars in sanction relief that would in effect put the u.s. in a position of subsidizing the ongoing development of north korea's weapons of mass destruction. still the president is optimistic, he has officials on both sides of the aisle back on capitol hill saying that they think he made the right decision in walking away, again president trump says he still thinks he has a good relationship with kim jong-un and that they can get something done. we'll see if he has anything else to say about those talks, future talks, whatever, at cpac a little later today. neil? neil: look forward to that ellison thank you very much at the white house, meanwhile, to the democratic side new reports within fighting amongst some democrats as pressure in
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congress alexandria ocasio-cortez reportedly threatens to keep a list of her colleagues who dare vote across party lines fox news correspondent jillian turner has more from washington. jillian? reporter: good morning, neil so house democrats faced a major test of their resolve a bit earlier this week when republicans assisted a bill focused on gun background checks needed to include language on undocumented immigrants. ultimately how republicans convinced 26 democrats to cross party lines, and join them by voting yes, to amend this bill. this despite a clear warning from the speaker of the house take a listen. >> vote no just vote no because the fact is a vote yes is to give leverage to the other site the surrender of the leverage on the floor of the house. reporter: now democrats are trying to circle the wagon strategizing about new ways to prevent anything similar from ever happening again. the key limiting the ability of republicans to use a legislative tool known as an mtr, or emotion to recommit.
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the republican minneapolis has been relying on the mtr to force the democrats hand on major contentious issues like this week's gun bill but preempting the dems contentions to mess with the mtr, the house republican leader issued a stark warning. >> changes to the mtr would be a nuclear option and it would leave a stain on this majority just two months in. reporter: a spokesman for congressional republicans took the opportunity to taunt house democrats saying buckle up and grab your popcorn because democratic in-fighting is already reaching a breaking point and it's only month two of democrats house majority. just wait until the inter-party primaries begin. until that next round of primar ies begins though, house democrats are proceeding a pace with pushing through some major items on their agenda like the resolution to strike down what they call president trump's fake national emergency, and legislation to protect public land. neil? neil: jillian turner thank you very very much. so, house democrats what is going on here and is there
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division among the ranks who better to ask than house democrats chief deputy whip dan kilday. what do you think of what congresswoman cortez is reportedly doing, sir that is keeping a list of colleagues of yours who vote with republicans. i guess on anything. >> well first of all she doesn't need to keep the list. it's all a matter of public record anybody who wants to look at a vote record can just look at it so i think that part of it's a bit overstated. i don't think it's productive, however, for democrats in one district to interfere with the politics, or the voting decisions or the choices that i made by democrats coming from other districts. we have a diverse party, lots of different points of view. i do think we've got wrapped around our axle on this issue of the mtr. the motion to recommit and it's a procedural tool both parties have used and it's a bit over stated in terms of how this is playing out but i don't think
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it's productive for us to interfere in one or anothers politics. we each come from separate districts with our own constituents and we are responsible to those and we leave it at that. neil: congressman all this occur s at a time when many equate the face of the democratic party today fairly are not, with the congresswoman from new york. do you think that's a mistake? >> i do. i don't think any one member of our caucus is the face of the party. i'm the face of the party for the people of the fifth district of michigan. we all have interest in what other members say, but we have diverse views but especially with these new members. i think it's a bit of a misunderstanding of the makeup of the new democratic majority. there are some really progressive voices and certainly alexandria ocasio-cortez is one of those but there are also lots of really interesting new members who come with a national security background, for example , lots of military veterans comprised our new majority, so no one person can
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say they are the face of our party. we have a diverse party, lots of points of view and i think that's fine. neil: you've been known as a fellow who tries to work with the other side even the sides within your own party but that almost seems to be a cliche today. i don't mean to minimize or criticize you, sir but i'm remindsed of the grief that joe biden got for simply saying that the vice president of the united states is a decent guy and he had to dial that back. do you worry about the tone getting worse even within your own party? >> i worry about it no matter where it comes from if it comes from folks within my party i'm certainly willing to talk to them and call them on it, and when it comes from the president or somebody else, i think we have to do the same. i think, neil one of the things that gets confused is that we can have really fundamental differences, policy differences, and we can have really spirited arguments but i think where our country is getting off the rails is the tone and the language
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that is to describe one another has gone way beyond where it should, and in thei hal relationship with mark meadows. mark and i came to congress together. he's a real conservative guy. he's a strong allie and friend of the president. he and i disagree on almost everything, but we're friends, and we can talk to one another, and i think that says something, the tone that we set has as much to do with our ability to work together when we do agree than it does to argue with one another when we disagree and i think what we lose is the ability to work together when maybe there's a policy eclipse and we just happen to be on the same side of an issue. if we throw one another under the bus every five minutes, the ability to come together around something like infrastructure is going to be lost and the american people are the losers in that case, so i do think we all need to dial it back, on our side, on their side i think the president unfortunately sets a
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large part of the tone here, and i think we have to hold him responsible for that, but nobody gets a pass, because we start matching the tone of donald trump. i think that's a mistake. neil: now i talked to a democratic colleague of yours off air, sir, who was saying about congresswoman cortez that she should be primary to herself , that she's wrecking the party, destroying its chances what did you think of that? >> see, i think it works both ways. i don't think we should be interfering with one another's politics. the people who elected us get to make those choices and when democrats or for that matter republicans start reaching into other states into one another's districts and try to dictate to the voters of a district that they don't rep who should rep them? i think that's an over reach. i'm going to let the people of the district that she represents make that choice, if somebody wants to run against her that's the system but i don't think it's a good practice for us to get involved in those races at all. neil: congressman dan kildee,
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thank you very much for getting up on a saturday. so we've seen speakers at cpac but the one they're waiting for the biggest one of course is the president of the united states. what's at stake when he starts speaking? after this. carl, i appreciate the invite here. as my broker... what am i paying you to manage my money? it's racquetball time. ♪ carl, does your firm offer a satisfaction guarantee? like schwab does. guarantee? ♪ carl, can you remind me what you've invested my money in. it's complicated. are you asking enough questions about how your wealth is being managed? if not, talk to schwab. a modern approach to wealth management. we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight. ♪
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to help support digestive health why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. we're the tenney's and we're usaa members for life. call usaa to start saving on insurance today. neil: all right, getting ready later on in brooklyn, new york for a crowd that's already assembled and quite a few there in brooklyn, to see bernie sanders. he's going to talk about his childhood, growing up in brooklyn, later on moving to vermont and becoming the mayor of burlington to sort of lay out his philosophy that has been remarkably consistent over the years he was cool on these issues he's going to remind people before some of the latest on the left were even born, so that will be something to watch. it's almost exactly time with the president's remarks to cpac so it's a tough battle for joining us shortly as to which event he watches we've got the
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republican comentator joe borell i joining us, and president lee carter, very good for your public opinion, and obviously part of the approach that bernie sanders is taking today is i am a man of the people. that's right. neil: these are my roots i'm consistent i'm not all over the map. i am who i am. >> there's something that people really love about your origin story about figuring out who it is that you are why you believe what you believe, and it makes it all authentic and real so the fact that he can go back to his roots and talk about how he's been believing this all his time and lived his life to get to here is something that's going to make people trust him more and when you have that kind of a story i think it's smart that you really lean into it and he does, so it's incredibly authentic and people really do resonate with that now whether or not people like his policies that's a different story but there's a lot of popularity for this guy. neil: i know polls are all over the map it's very very early, he
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leads in new hampshire not surprising he's from neighboring vermont so he leads four or five points in one of the latest read s over joe biden, what do you think of this erupting here? >> first of all i take every poll that's going on right now and i laugh at it because i'm old enough to remember when i was a youngster working for hillary clinton in south carolina in 2007 and barack obama was down 20 points and he went on to win, so but most of these polls at this point, neil, you can't deny the fact that bernie has name id and name recognition, some of it is geographical but i'll tell you i still think he has a math problem, i still think the heart and soul of the democratic primary vote is african american , i still think he has real problems there and keep in mind not all of the players who are going to be in this race are in yet and this is a totally different race than it was in 2016 and bernie has never had to face two african american candidates, a well-qualified and well-oiled machine in kamala harris, a latino and the dynamics of our party have
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changed quite a bit so while he's enjoying popularity now it's all about sustainability. neil: no one raises money like he does, 6 million within 24 hours? >> it's not how you start in this business it's how you finish. neil: i understand that. >> that's far more important. neil: but that blows anyone else away. if that's your barometer. >> so far, biden is not in the race yet so just hold your powder. neil: if biden enters the race he's the automatic front runner? >> i think the challenge for uncle joe is to maintain that popularity and run a race he's never had to run before, this will also be the first time he's run as the former vice president neil: you're right about that the one thing that we're mentioning joe biden, maybe it says something about the democratic party today maybe our times today that just saying the vice president of the united states is a decent guy gets you in a trouble. is he an oddity in this year's campaign if he enters? because of stuff like that. >> well i think the democratic party might try to frame him as
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a relic of an era and to some degree he is. we are far removed from where we were as a country politically, than we were say in the 2000 and 2010. i think biden is going to come in, at some point soon, be the elephant in the room just as bernie sanders is now, but as you said before, you look back historically and the people that were at the top of the polls at this point have historically not gone on to do well when it comes to winning. neil: you're right. you look at obama and jimmy carter. neil: absolutely you know lee what is interesting to me and we sometimes overstress this but it's fairly palpable to me because one of the fortunate things about my job is i get to talk to everybody you guys and i get a different read from different folks but within the democratic party, there is this really obsessive push to the hard left, but let's say by congresswoman cortez and then you have a house leader like dan kildee just a couple minutes ago
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saying that approach of keeping a list of democrats who vote with republicans that's not good for the party, not good for governing so there is this sort of battle for the party still going on. >> there is but it's much like with the republicans went through in 2015 what kind of party are we going to be and when you've got this many different candidates that are running it, that's exactly what it is. it is a battle for who they are and who they want to be and is it going to be the party of the far left? i'm not sure. is it going to be the party of the past? we'll see if joe biden will resonate and i think there is. neil: do you think she's getting cortez is getting a little ahead of our skiis making threats like that? >> i don't think she is not because i like what she's doing necessarily but this is who she is and why she's getting so much attention and because look she is setting the agenda that we're all talking about. neil: you're absolutely right. but let me ask you about that, because the hill.com is out right now with a survey i guess cpac attendees, i'm sorry
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i took you away from that event. anyway they say that joe biden in their mind poses to your point the greatest threat to the president. he's the one i guess they fear the most. >> well i think that joe biden better known as america's uncle, uncle joe, most people view him as the person who can bring the many corners of the democratic party together, and depending on if he's the nominee depending on who he puts on the ticket with him could really be a game changer not just for the white house but also for other races that will be on the ballot. make no mistake we're talking about a battle for the party, we're going through growing pains right now, so we're being strict; however i do think the party has to understand particularly our new members we have to win races outside of new york, california, massachusetts. neil: you might just be grabbing the feet from the jaws of victory though. >> this is a marathon not a sprint. neil: i see what you're doing. >> i am confident that we will come together in the end but i think we have to tread careful. neil: we'll be back a little later in the show talking about amazon and the governor's quest
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to make sure they don't wander but they are wandering we'll have a lot more after this you're watching cavuto live. bu m bum bum bum... pass the ball... pass the rock.. ...we're open just pass the ball! no, i can't believe how easy it was to save hundreds of dollars on my car insurance with geico. yea. [quartet singing] shoot the j! shoot, shoot, shoot the jaaaaaay... believe it! geico could save you fifteen percent or more on car insurance.
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do you guys sell, other dogs? now that's simple, easy, awesome. customize each line by paying for data by the gig or get unlimited. get $250 back when you pre-order a new samsung galaxy. click, call, or visit a store today. neil: well north korea leader kim jong-un says he is open to another summit with president trump, the pentagon has already set it's suspending two large scale joint military exercises with south korea, and this of course after the president walked away from the table the north koreans say they walked away from the table. walking away from a table is not necessarily a sign of awful things to come remember ronald regan did that in iceland within a different time and different era john f. kennedy did not get off to a great start, and
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different times different presidents, different approaches , but a rough start doesn't mean in the end a failed approach let's go to the former assistant secretary of state under president george h. w. bush robert charles secretary good to have you. >> thank you. neil: many have read into that failure to secure a deal, that it was a waste of time. what do you think? >> well, analogies can be over drawn but this one, i think, maybe closer than people realize and in 1986 ronald regan did walk out, and what came out of that was a series of breakthroughs not war because for the first time, he really realized that reagan meant what he said he was not going to give up the traffic defense initiative and once the two men baselined each others points of view and they had a summit one year earlier that was not very successful they were at an impasse all of a sudden things were very hopeful and then they crashed and what happened after
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that is that within a year, you had the intermediate nuclear forces agreement which eliminated more than 2,600 nuclear weapons and actually, before basically at just after reagan left office, he had started the negotiations on the start agreement it got inked in 1991 and that agreement got rid of 80% of all nuclear weapons in the world so remarkably, sometimes a walk-out gives you a baseline to think things through again and i'll be honest i'm a little bit more optimistic than the average person because as i look at kim jong-un, i see two things possibly happening in his future. the first is if there's another summit and he can bring himself to understand the economic advantages that come from an agreement to get rid of all of the nuclear weapons and the vulnerability that it attaches to having those that could be treaty number one and treaty number two could be a miniature of the reagan agreements which is to say if you got rid of your traffic and intermediate-range missiles we could essentially give him an iron dome and
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protect him forever against everybody including china when he starts to move forward so the future is very foggy and nuclear negotiations take a long, long time but there's more hope there i think than there is reason to be disappointed. neil: if you were the president, robert, would you hold off on any meetings until you had a sense going there that you would be signing off on something? >> well the normal course of events is that you have a frame work agreement and the framework agreement is agreed by staff, ahead of time, and then you show up and sort of do the diplomatic piece, that this president is very hands-on. he's very engaged personally, and you can say gosh, that kind of hangs everything out there right out in the open, but at the same time, you know, i think i would say get your staffs working together on something that pushes in the direction i just mentioned some kind of breakthrough that allows kim to understand he could be a transformational leader and he could have a more open economy, and their economy is although it's hurting under the sanctions
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, and we should ramp those up and keep china's feet to the fire at the same time, believe it or not, there is a subterranean economy over there that suggests that maybe, he really understands the future is with supply and demand and not with command and control. neil: you know, do you ever get a sense, robert, that the north korean leader is kind of in over his head that he's overwhelmed and that either he ignored the people around him or they're running the show but whatever the case, he doesn't impress and that's contrary to the kinds of things the president has said about him, maybe the presidents not really impressed. >> so that's probably true. he's young, but there are advantages in being young. when he looks at the future, his future is a lot longer than his fathers or grandfathers at the time they took control, so in reality here, i think he has the potential ultimately to make himself into a transformational leader. he is, you're right, neil.
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he was a seasoned former member of the bureau and he was old by the time he started negotiating with reagan who was older, but at the end of the day, you know at the end of the day, hope comes from believing there is a possible future that is in accord with the other side and i do believe here that his other futures are dim and if he looks at this one closely, he can see himself as an economically transformational leader and you know people say one last point. people say well you know this was a human rights abuser he's killed people right and left how could we ever negotiate with him remember when he came to the table the first time, he was running and as egregious a human lights leader and what happened? at the summit, he started out and from that point forward put human rights on the table and said i understand this is something we've got to do better at. neil: well put robert, a history reminder robert charles before i move out i want to let you know
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that we're getting word out of nigeria a pipeline explosion, 50 people are missing, this is one co-run right now by shell petroleum development company. again, we don't know the source of the shutdown, whether it was sabotaged we do know nigeria is an opec member and that oil would be presumably missing on the markets would be an issue for them to deal with next week. in the meantime if you thought that michael cohen was captivat ing just wait, there are plenty more, a lot more, after this. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i want to know what i'm paying upfront. yes, absolutely. everything you want. one low price. td ameritrade. ♪
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>> american people deserve to know whether donald trump is functionally a president or an organized crime boss. this president has lied, collusion, obstruction of justice, we're talking about finances, we're talking about the foundation. this really needs to be investigated and explored. >> i think that president trump frankly headed up what can only be described as a criminal enterprise. neil: all right never mind waiting for all the facts. man! where are we going with this obviously they're talking about getting ready for still more probe and trying to squeeze more out of michael cohen before he hospitals off to jail for three years. republican congressman mark green is part of that house oversight committee that had a chance to talk to cohen. congressman what do you think of that? is the president guilty of every sin in the book as a result. >> this is ridiculous so the
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best witness they've got, neil and by the way thanks for having me on the show. neil: good to have you. >> the best witness they've got is michael cohen a guy who lied multiple times to the irs lied on financial documents lied to congress and he's the witness to congress, it's pretty ridiculous it's just, it just shows who they are and it shows the president is across the world in vietnam trafficly trying to bring about peace in the world and all they care about is taking out the president. history ridiculous. neil: congressman a lot of your colleagues on the right defend the president. obviously you're going after the guy who was passing all of this information along, and is a convicted liar going off to jail because he lied to congress, but some of his statements everything from, you know, he's a crook, can't be trusted, he's anti-gay, he's a racist, the substance of the remarks were never challenged by republicans, i wonder why that is. >> oh, i think a lot of us went after the things that he said. from the comments about his job
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and not wanting a job with the white house, and we took him on on that. we took him on on his foreign contracts issues, i mean, we really went after him. neil: you did and i don't mean to blur those lines sir i guess what i caught is when someone says something over-the-top about someone, this is who i like or care for, a friend or a relative, and i don't defend that friend or relative on some outlappeddish comments the racist thing, that he's a crooked businessman thing and all this other stuff, i just wondered why that is. >> well from the racist standpoint we talk about that. that conversation did come up even congressman accused mark meadows of being a racist and there was a lot of pushback on that but it's very interesting, aoc and the democrats are out there being critical of the president as a racist being critical of us we are anti- diversity and yet if you don't think exactly like she does she's going to put you on a list that hipocracy is mind
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boggling and yeah, we're taking that on. neil: so if the democrats would still have more cohen hearings and with or without cohen once he's in jail hearings based on what he said either at a public forum or one behind closed doors what are we looking at here? where is this all going? >> oh, it's absolutely going towards impeachment. these guys hate donald trump and they're going to do everything they can to try to take him out. neil: do they tell you that, do your democratic colleagues wisper and say this is where we're going with this? >> no one has come up to me, neil and said this is our grand strategy but it's pretty obvious from what they're doing i think. neil: so what do you think the president should do in response? now he tweets the credibility issue of michael cohen and that's fair game because michael cohen has been seen and reported on tape saying great things about the president. what a savvy businessman he is, how open he is, to all races and people, and then just the opposite hearing so i get that and see that but they are going
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to use him nevertheless to say that he opened up a can of worms here. do you think he opened up a can of worms? >> no i don't think so at all. their goal is to just it's like bush lied people died and they're going to just say it over and over again and hope it sinks in they will continue to say that donald trump is a racist. it's their game plan. they just keep repeating it over and over again in hopes that it sinks in and people accept it, and we're going to continue to push back again mark meadows brought up a worker who was part of the trump organization who said no i don't work for racists and then he got accused of being a racist for bringing that up so we'll pushback and show the flaws in their reasoning and we're going to talk about our president and what he should do is just continue doing what he's doing. working with north korea there's going to another summit the way that worked out was just perfectly. neil: do you think there's going to be another summit or there should be another summit? need to have more stuff nailed down before the president goes to the trouble? >> no i don't think so and let
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me explain. you know, i think a lot of old school politics are about let's get the issues solved and then let's get the two leaders together, you know, kim jong-un is a young guy and what i think donald trump wants to do is move his ideology and that's going to take a relationship, earlier in your show you had someone talking about reagan, and they developed a relationship that led to change, and i think that's what donald trump is doing. he's working on a relationship with this young man, and young leader. neil: you don't think that the president really did go much more than i think any objective observer can say he traveled half way around the world last summer to go to singapore to meet this guy, did it all over again when the guy took a two hour train ride to get to vietnam summit and he goes 10 or 11 hours, you know, i'm just wondering what do you get for that? >> well i think you get a deepening relationship that hopefully and there's no guarantees here but hopefully, moves the young man's ideology a little bit because we'll get a
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cooperative agreement and capitalism in north korea it's going to take a change on the part of kim jong-un and just working out the details like it's a new nafta agreement and then let's talk, that's ridiculous. that's not going to work here. it's about winning a heart relationship with kim jong-un and i think that's what the president is doing. he's playing chess, you've heard the expression before, he's playing chess and others are playing checkers and that's exactly what's going on he's working on a heart relationship with kim jong-un. neil: all right, we'll see. congressman thank you for coming on saturday. >> thanks, neil. neil: well the dow is finally snapped that winning streak that had gone on for nine weeks but in case you think you've missed your car karma moment the guy who literally wrote the book on it says no, you haven't after this. my experience with usaa has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago.
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off to the best performance we've seen in the better part of three-plus decades, nasdac racing ahead as well, but these weekly changes, even if they come to a halt right now, what do you do? do you feel that you've missed the opportunity? market guru says you step back and you look at the fundamentals here, he talks a lot about that in positive financial karma it's a very interesting read on things and what makes it interesting is it's not high business advice and big words and acronyms and terms that just make you think you're watching c nbc. it just speaks english and it gets to the core of the guy whose a practicing budist so he's a little weird but i'm telling you he's brilliant, positive financial karma is the book. good to see you. >> thank you for having me neil neil: now the buddhism i joke about it not to joke but that's part of the thinking here, explain. >> yeah, the basic premise of buddhism when you talk about
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karma and action and reaction and that boomerang effect of the things you do, very important but it comes down to this it's cause and effect. right? what's the cause and effect of all the things that happen and if you step back and say well we see the effect, what caused that and keep it simple, neil if we do that, we can really uncover a lot of things and be successful in a very simple way. neil: well a lot of it is very to the point advice when it comes to losing weight you've got to, you know, eat less, exercise more, move more to your point but when it comes to investing what do you do because the simple take on this is maybe it's a little rich you hold off. what do you say? >> well what i say and i talk about this in the book, keep the emotion out of it. you know, the fundamentals, neil what are the things that the causes that give you the effect that you want. what's your investment strategy? stay the course, don't get sway ed by the headlines, by all
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the noise. i think people in this world that we live in with immediate gratification, news constantly 24/7 you have to step back and tune that out and say i'm going to stick with the fundamentals. neil: well how do the fundamentals apply now you had nine straight weeks of dow advances up a very strong start to the year nine times out of 10 means the rest of the year will be strong so a lot of people just say i'm going to follow that. they get in love with being in a market that's getting all this buzz and attention what do you tell them? >> well right now if you invest in nasdac and you see what's been happening over the last 10 weeks you say fundamentally what i'm doing is working, but now, step back and say how long does that continue to work? well that strategy stay the course? again, noise out, focus in on what the plan is, because clearly, it's working. if you go back to december and you were paying attention to the noise, you would have panicked, pulled out, and missed this run that we've had for the last couple months. neil: but if you get into this
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run up you could be equally blamed for getting caught up and screwed all over. >> absolutely. neil: what do you tell people? >> right so if you're already in, stay in. ride it. believe in the fundamentals and how you invest your money, neil. neil: that's where you get the good karma. positive financial karma, a very uncanny read on things without trying to talk way over your head so he could never be a financial tv anchor. he could, actually. take a look at the amazon situation, in new york city. not too far from me they were going to build a new headquarters on long island city and that's not happening so new york's governor has come out to say jeff is there a way you can reconsider, please? pretty please? >> ♪ ♪ fact is, there are over ninety-six hundred roads named 'park' in the u.s. it's america's most popular street name. but no matter what park you live on,
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neil: pretty please, with sugar on top, andrew cuomo leading right now to get amazon to rethink splitting from long island city and not going ahead and nixing building in new york, tracy carrasco is joining us with more on that push to get them back. reporter: good morning, neil new yorkers are known for not giving up even being a little pushy if necessary no exception when it comes to amazon's hq2 project. yesterday dozens of new york union leaders, local officials, business executives, published an open letter in the main section of the new york times, asking amazon to give new york city one more chance and bringing its second headquarters to the big apple. the letter does its best to persuade amazon that most new yorkers really do want the company, its 25,000 jobs, and billions in dollars in new tax revenues. it also says governor andrew
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cuomo will take personal responsibility for the project state approval and cuomo has reportedly had several conversations with amazon executives including ceo jeff bezos since the deal fell apart, so far amazon has shown no signs that it's willing to reconsider. neil? neil: thank you, tracy. let's get the read right now for joe borelli, republican new york city councilman. they're trying pulling out all of the stops. >> he's trying and he's right to try. we shouldn't give up on the prospect of 25,000 not just jobs but we're talking real careers for real new yorkers. the problem the governor faces is that new york in and of itself is the reason why amazon 's not coming. amazon itself isn't the problem just the result of the problem. we can't be a high tax, high regulatory state and expect companies that don't necessarily need to be here, to come here at their own will, and this type of -- neil: a lot of the critics of this didn't understand how business deals are made like amazon was getting a $3 billion
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gift, or something i mean it was going to offer $28 billion to the city and new york state and there were tax credits for that no different than those allowed every day individuals. >> you had a congress member who doesn't even represent the property where this is basically poison the well and convince new yorkers that this was a choice somehow between $3 billion for jeff bezos to line his corporate pocket which isn't true, versus $3 billion to address some of the real problems new yorkers face. this is something that's appalling for a freshman congressman member to make. when it is poisoning the well and really jeopardizing the future of an entire new york negotiating, it goes beyond that and frankly -- neil: something must be poison ing the well because it's not just new york. right now there are similar protests going on in virginia where the company wanted to build and still plans to build this facility as well, but it's taken hostage the party at the
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same time and cost a lot of jobs >> yeah, we tend to give aoc too much credit but here we certainly shouldn't. if you look at the short history of this deal you had local officials actually writing to amazon saying please come here, we want your job. a few months later those same people were saying that amazon is an immoral company. the only thing between point a and point b, was point c, cortez. she came out, she came out against it and she made those politicians scared. she's making list in washington amongst her freshman house colleagues she's making list here in new york amongst people who previously thought themselves to be progressives. neil: well i don't know the story or the timeline for the council men and women, there were three, who were not keen on this, and then amazon said oh, the hell with it but i do notice that common in their argument early on because i talked to one of the council men opposed was that these were not union jobs so when i asked him at the time, so you would say no to thousands of jobs simply because they wouldn't be union jobs, and he effectively said yes. >> first of all the premise is false you saw a whole bunch of
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unions yesterday in governor cuomo's open letter, you had the building trade supporting it they were going to build construction with union jobs and the tech industry is not known for unionizing its tech employee s this is not an industry where the employees want to be. neil: and change the way other businesses who might want to look at setting up shop here. i think not so now. >> this type of diplomacy where we can basically hang sticks and carrots in front of businesses at the threat of some obscure political board just eliminating their deal, this is not an environment where businesses will want to come and if this continues the way it is if governor cuomo continues running the state the way he does we can expect more businesses to pull out. neil: well god bless him he did try to get them here and he's trying again but again to your point it's an up hill battle joe borelli, thank you very very much we should say new york also lost better than $2 billion in revenue prior to this getting started with folks and otherwise seeking out lower tax locations
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neil: all right, we are focused, on the left of your screen the cpac event. prepare to go hear from the president of the united states, more than half an hour from now. and on the right of your hand bernie sanders holding a rally to let folks know about him and his personal life story. in the meantime ellison barber at the white house on what we can expect from the president, ellison. >> yeah, we are starting to hear from president trump in about half an hour typically when he speaks at rallies he speaks to crowds of supporters, the president rarely sticks to a script, he tends to talk about things that he sighs as successes in his administration and often talks about unemployment, the economy, building the wall at the southern border and criticizing democrats for not supporting his agenda. we don't know exactly what mr. trump will focus on but a
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hint of it when vice vice presit hinted yesterday. telling those bernie sanders socialist, leading presidential contender in 2020 and the rest of the democratic party is following in his footsteps. >> democrats are embracing the same tired economic theories that have been in nations and stifled the liberty, that system is socialism. what they are actually offering is just more the same, more taxes, more spending, more government and less freedom. >> and as the president said 24 days ago, so we must say with one voice, america will never be a socialist country. >> we will see if president trump follows the similar path
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to try to politicize democrats by trying to lump them altogether in umbrella of socialism or if he decides to go the route of talking about more specific ideas and policy goals of this administration, neil. neil: all right, ellison, thank you very much. the democrats are jumping into the race, including bernie sanders who will tell story, joe biden maybe later on next week, most of the view that the government can and should be more which spending can and should be more. global portfolio manager and fox news contributor jonas. jonsa who is resinating right now because to a man or a woman, the distinction is they want the government to do more, certainly donald trump, so who is impacting them? >> okay, the new element that's rising in the democratic party
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gaining all of the attention but the actual party when they do polls, democrat party want to be more con -- centrist, on the media, everybody is behind, she's a big star. neil: does the markets worry about that message? >> i don't think so because there's no path to go anywhere. i mean, socialism isn't going to take off with lowest unemployment rate and the market is hot, no one wants to rock a boat that severely. that said, it might have helped because it would get you through primary but lose general election because it's not moderate enough. the party that's getting a lot of attention, purity test, and it's getting confrontational internally and very difficult to be a moderate and climb now, the moderate actually wins and get
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policy that a level that's normal. the policies that are thrown around now will not go anywhere now, they will never get the public behind them, too many people that don't want to do those things. >> there's a general assumption that none of those guys have a chance against the president, i can remember the people saying about donald trump, i can remember jimmy carter hoping he would be the nominee because he could smash them like a bug, you know what happens. >> jimmy carter election was the one that had 17 democratic primaries and so that's the only time that we have many candidates in a candidate. neil: the challenger. >> exactly. so that is, that's why they were so many candidates coming up.
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so i think while once we start finally seeing the democratic primary and debates come through, but to your point, it's extreme guidance and extreme proposals and until we see all of them on stage, we see all of the views, maybe we can see mainstream candidates that might really potentially win. >> you know, coming in an argument and if you think about it is a world difference than the one we are living in. you would almost think this is a depression unless record-low unemployment, record levels of jobs, all demographic groups, corporate earnings are doing very well. i know there's this detachment sometimes that can exist in the mainstream media and some people don't like the president, fine, you can't really argue with economic environment right now. >> you can't and i think jonas' point was right in term of the economy is just too strong right
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now for socialism so grab hold and i think if you look at this as all politics is local, look at what's going on with some of the states and how government is expanding and taxing like new york, new jersey, states like that and what are you seeing, migration of wealth and it's not only just wealth, it's other people are migrating out of these states and i think if the fed gets in that place of where they are going to go grow government, tax leaning toward socialism although i don't think we are going there now, i think you will see impact on the market and you will see a migration of wealth accordingly. >> now, of course, bernie sanders is going to have event in new york city, and the difference this time is he has
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many more candidates echoing that theme including many who weren't even born when he was first echoing it. what do you think? >> bernie sanders started this whole thing. aoc is a more of a vibrant, you mentioned while ago the parallels of trump. the world could change in a year, we could be in a recession, not matter of our own fault and ideas could take hold aoc could shift the average in the democratic party left, it doesn't mean they couldn't take hold in a certain environment that could happen next year, you know, there's a lot of people running and bernie and she used to work to bernie sanders in his election, i don't see -- neil: right, i forgot that. >> the ideas build and build and all of a sudden a few years
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later, what happened, we are having 70% tax rate but it also, you know, i think plays -- in some way more centrist, he can beat a far-left candidate because the policies aren't that -- they are really not that extreme. the most populist things like tariffs, so i think he is going to see -- neil: concerned for american workers, that is more union movement, democrats than typically republican. do you think the markets are hearing this, though, and not liking the direction, whatever the politics, we have the record debt, it's to the point now where i think one party is calling national security threat, republicans, even though they have done little to address it, but the worst this looks, the worst the prospects looks for anyone advocating for more government?
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>> there's certainly concern not right now when things are healthy but the possibility if we hit a recession and it increases, that's when it gets to be a real concern. if we are advocating more and more spending that's when the deficit really becomes a bigger concern. there's definitely a fear in the market that is we want to get a hold, get the deficit a little bit more under control in case things go wrong and, yeah, there's a fear out there. neil: all right, guys, thank you very much. by the way, we did hear, got a tweet from the president, a sign that he's watching, he makes note of the issue that kim jong un took better than 3 days, not the 2 hours that i believe i had mentioned. he's right about that. i did mean to say it was more onerous trip for the president to take and the president was right to say that this guy taking a long train trip, had to
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neil: all right, today is the day, he's not been able to get back into venezuela because there was an order that no one could leave the country, he did. steve in caracas with the very latest, what will happen? >> neil, it's really not clear what's going to happen, juan guiado as you said has been bouncing all around south america, he was in brazil, in paraguay yesterday, rolled out the red carpet calling him
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mr. president, really has little or no power inside this country. he was unable to get humanitarian aid into venezuela despite a deadline and promises last week and now it's not clear he'll be able to get himself back into venezuela. he said he's going to be back by recent tweets as late as monday but he does face a risk, there was a travel ban put on him by the maduro regime as you mentioned and he said the risk is even more than arrest, life-threatening, the man who the u.s. is calling president here, 50 other countries as well, might not even be able to get back into his own country, neil. neil: i'm wondering what if he does and arrested on the spot, i would imagine that would make intense situation and for maduro a very risky move, right? >> i think you're right to point out the question of his arrest
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does raise, all we have seen maduro be able to do on the ground here in venezuela is lead protest marchs, speak through a mega phone and tweet. he says he will start enacting the duties as presidents when he's on the ground but impossible seeing that happen. nicolás maduro controls levels of power, military, police, so throwing juan guiado into jail might be the biggest mistake the maduro government could make, rally supporters both here in venezuela and international. let him lead the marchs, let him keep going. neil: in the meantime, the goody bags, emergency supply bags that i think the maduro government is providing, what has been response among average venezuelans getting their hands on that stuff?
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>> i think it's much needed food, supplements and oppositions say it's a political weapon, venezuela, the maduro government controls distribution of food, you basically get a big box once a month if you're a venezuelan family, macaroni, lentels and powdered milk. so if the government is give you a back of lentels and macaroni it has sway over whether you're going to march or not, neil. neil: all right, thank you very much, steve harrigon in caracas. we are watching. we are watching cpac where the president of the united states is about to address a packed audience wait to go hear from him. a little more after this bu m bum bum bum... pass the ball... pass the rock..
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just say get "dragon tickets". neil: all right, we are talking about venezuela, juan guaido could be arrested, could make situation a lot worse, retired lieutenant, author of the book alliance and evil. let me get your sense about where this is going, first off, in venezuela and how we reacted, for example, if he was arrested coming back into the country. neil: yeah,. >> neil, i think he moved headquarters to moscow, buying 50,000-barrels of oil a day,
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that money is buying pacts of move that maduro is giving to people and military in operation. i think because of what moscow is doing, following the same thing they did in ukraine and syria, same type of template, bolster up dictator, assure him and military they will stand behind him and our credibility is at stake here, that's why china and moscow are pushing maduro to do sorts of things and we know guiado will come into the and that would be nice, but i think maduro has to do something before he crosses the line. neil: colonel, i will switch to north korea right now, many are wondering what happened that made talks fall apart the way they did. president walking
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away from the table as you know, the north koreans walked away from the table, north koreans wanted lifted, i have no idea, i'm curious what you make of what happens now. >> i would watch where the train goes in pyongyang, probably stop in beijing and president xi will counsel young leader ant the next step. beijing has interest here. and when president xi comes to meet with president trump later this month, like like this will be a topic but keep in mind, since 2011 there have been 85 missile tests and four nuclear tests, those took place the last 2 in 2017. we need from them, you know, positive steps toward denuclearizing, not just destroying the bomb site,
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because we know they have done uranium to the tune of making 5 to 7 new bombs. i think the president was very wise and walked away because he didn't get as president reagan said, using the russian, trust and verify, we didn't get that from young chairman kim and so we need that next time. i suspect there will be a next time, i suspect they'll be no more testing at least until there's a next time and then, of course, going to negotiate a deal that we can all live with. iam upbeat about this and i dont take this as a move. neil: otto warmbier later died after being held captive by the north koreans, claiming in responsibility and the president later came out to said, of
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course, north korea was responsible but he did not say kim jong un was, what did you make of all of that? >> kim jong un knew what was going on, he probably gave permission for the people that did the terrible things to the young man. you know, nothing happens in dictatorship without international attention. neil: why would the president say that? >> i think the president gets into the moment too much and sometimes tries to -- and suspect this is what happened. neil: with kim jong un and with vladimir putin, maybe for all the reasons, but do you think by putting his trust in known liars and bad men he does this country a great disservice? >> well, i think that he does and that's my concern, you know, i hope that, when he meets with president xi which we know lies as well we keep pushing back.
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he met with putin last summer and needs to continue to push back. i think john bolton understands this, hopefully he's having influence over the president's thinking with regard to international plugs and i hope that we are not soft on maduro either. plenty of plugs around the world that need somebody tough to beat and the president most of the time is tough but occasionally he slips and in this instance, i think, with one of those instances. neil: colonel, thank you very much. >> thanks. neil: we mentioned the president is getting ready to speak at cpac and so is bernie sanders some would say for his base, for bernie sanders it's going to revisited past and what made him who he is and for the president, well, we don't know. we shall see. more than half of employees across the country
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>> bernie sanders getting ready to address brooklyn audience, interesting venues because they each bring out their base, right, to that, for the president at cpac, evolving relationship, one now that really ignites. >> oh, yeah, this is trump going to speak to his base and it's a very important time because he's coming up tough things that happened this week, the cohen testimony, the north korean
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negotiations and i think what he will be doing right now is going out there reframing his week, reenergy -- reenergizing his base and talking about victory with north korea and i think it's important that he does that because there's been wear and tear this week for sure. neil: let's switch to bernie sanders, he wants to reintroduce himself to the american public, can politicians do that? can you get a second shot at making a good first impression? >> i think bernie has to. the more race is more complicated he thought. he had no idea that the party would be in this posture, he had no idea the type of candidates. for him it's going back to place of comfort, it's going back to place of relief and it's going back to a place where he has nothing to lose because these people know him and know him well. it's the same thing with trump in cpac, a place for comfort, comfort zone, he can go out and
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throw right-wing rhetoric because the people are thirsty for it and he's been bumped and bruised this week going back to government shutdown. neil: it is interesting, joe, when you think about whether a president faces internal challenges in his party, we know former governor of massachusetts is going to challenge him, maybe john kasich, it's hard to say, neither is really giving much of a chance, usually incumbent president going nowhere but they mess up the party unity. do you think that could happen here or not? >> sure, he's answering the question of whether he's fundamentally popular with the base. he is going to sound great in that room and the crowd is going to go wild. he's immensely popular with republican voters, immensely popular with conservative voters, he's changing the idea of conservatism more than the
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conservatism is changing him. tough to imagine van jones testifying of criminal justice reform, that would not have happened at cpac. neil: post north korea, the media criticized him for that, you could also praise him from walking away from the table, a bad deal is not better than no deal. comment i made on air on how long it took him to get to summit site in vietnam versus trying to talk counterparts to getting there. >> this president is very different than other presidents, most presidents or leaders, by the time they go to negotiating table, they know what the deal is, they are not going to be doing this in front of people. he does things very publicly, when you think about the government shutdown and he
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invited everyone in the room and wanted everyone to see this. the fact that he walked away, sign of strength, he thought he was doing the right thing and expect today get applauded and he didn't and it's frustrating to him but i think we will see that the republicans in cpac and all the folks behind him, lining up behind him, no deal is better than a bad deal. >> the one thing that trump he goes on anger, confusion. [laughter] >> 2.0. so this week for him, end of the week is everything he wants because he knows going into next week he will have a chance to frame what next week looks like starting today, guess what, everybody will change whatever he says, all the kool-aid that people will drink and red meat and his base will be juiced up about what he did today and everything last --
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it's a preview. neil: what do you think? >> you know, he has a really case to make today and i'm glad he's doing it with the backdrop of bernie speaking over in brooklyn. he will echo what the vice president did, step the stage and frame 2020 as a choice between a party that stands for limited government, economic growth, versus the party regardless of who wince of sort of chaos and medicare for all and green new deal. well, the midterms are different because congress is on trial right there and i think the conservative party was upset with congress not delivering on passing obamacare, amongst other things. cpac crowd is not blaming donald trump to things like that as -- neil: the crowd right now, you see what's going on, they are playing with showing socialist talking points in the part of prominent democrats. >> make america scare again
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technology. neil: make america broke again. >> same thing they did in 2008 when barack obama -- neil: a lot of the policies -- >> the policies are a little bit scary. the point is people need to be educated what the problems are with down falls. i don't think it's the right approach republicans to be taking right now. the idea it's too expensive is not going to resinate, my health care doesn't work now and you didn't fix it. >> having people like sebastian gorka personalizing trying to take away hamburgers and suv's, you laugh about it, sure, does that rile people up? to[inaudible] >> i have seen this move before. democrats, it's the same play book.
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neil: i have seen before out of democrats, crucial election years like 1972. >> what i'm most confident about candidates that are running for the most part and the people on the ballot is how the things that we talk about, we will be on the offense from a pragmatic standpoint and the right will go full. neil: you're a pragmatic guy and you want to win. >> do i want -- i do want to win. neil: some are calling it investment like kamala harris. >> you're making assumptions that some of the policies and candidates will get across the finish line first. neil: i don't know. >> there hasn't said a candidate that the green deal is not a good deal. >> amy klobuchar.
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neil: they have different degrees -- >> the impulse to jump on the liberal band wagon. >> that's not true. >> you will see that till next year. neil: you think that democrats gave republican a gift? >> it's a huge gift. you see aoc. you look at it in terms of cannibalism, democrats aren't running out of food. >> i don't think it's a gift at all, i think it's a mistake that the republicans think it's a gift. the democrats are setting agenda and we are responding to it and that's not good. neil: why wouldn't they get out there right away, if you don't like donald trump and if you don't like republicans, look at the alternatives, that approach in this environment with a strong economy, low unemployment rate --
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>> you can't -- that's the complication for you all. i think -- [inaudible] neil: van jones, speaking saying good things about criminal justice, look at criticism joe biden is getting for simply commenting that the vice president is a decent guy. >> van jones' comments and joe biden comments are two different. neil: the base turns on them for even saying something. >> ask who is joe biden is, that's who he is. neil: i understand. >> january voans is different. democrats have been talking about criminal justice reform long before trump came to office neil: see initiative and the president -- i'm not saying you have to agree or disagree.
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>> without them there wouldn't -- >> you don't do that. all i'm saying you don't -- you don't get in the mud pit here. >> i know. neil: i'm saying -- republicans have done the same when they were with their anger at president obama and a year they could have won in 2012. i think the democrats are at risk with a lot of this push and the action to candidates who are simply having a human being reaction, they are grabbing victory. >> what choice do they have, neil? the other choice to make economic argument the one that drives voters, moves the needle, but democrats will have a hard time trying to convince what's up is actually down. the economy is not doing well, that the economy is not doing well for regular people especially in state that is they need to win again. what are they offering? you're right. they are extending an agenda, what are they offering people in the midwest with the green new
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deal? neil: and bring out -- >> hillary clinton won so many more votes, how many new -- >> independent thinkers are coming to our side, you can make point of the economy, when people went to polls in the midterm and you were singing song about the economy. >> don't care. neil: you're absolutely right. in a presidential election the economy is doing more of the factor, wouldn't you acknowledge that? >> i disagree, it's all about -- neil: how many midterms have you lived through? [laughter] >> republican wills need to come up with a plan on health care in
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2020. neil: well, democrats are dropping the ball on that one? >> how so? >> what's the plan? neil: we want to do comprehensive immigration reform to include taking care of dreamers, long-term, not short-term fix that your party wants. neil: no. no. don't just blame republicans for being too fast and loose with this. >> this time around you guys have dropped the -- [laughter] [inaudible] >> economy and the immigration, we take the deal tomorrow. neil: so what happens with this if both sides try get bases in order, you follow crowds on what they are doing, the president is the most popular with his party, republican party than any certainly post world war ii republican nominee.
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so where does he go with that? >> i think that he -- the interesting thing about the president is he only campaigns to his people. he is like laser focused on his target market and that is what he's going to do and he will rally them. neil: is that enough? >> it could be. if the president's popularity is increasing as it has, if he gains 5 points for popularity from where he was, he needs to gain 2 or 3 points he will be unbeatable. >> i talk to independent voters, his base is rock solid. they will never fold but independent thinkers and independent voters i think will -- they will look at the race different. >> i recent to say. >> i say different. mark my words. >> i do think that it's really hard for anybody outside of the level to understand it because it is -- it is so engrained and
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they are excited and somebody is fighting for hit and if he convince 5% more people -- >> the problem for democrats -- >> antjuan, is like a heavy -- [laughter] [inaudible] >> the problem is that it actually worked, it actually won the states a republican needs to win in order to win the presidency and democrats -- neil: but he's trailing, not that it means to antjuan's earlier point. he's trailing in a lot of the state that is look the electoral map, that could change. >> guess what, the electorate is different. you saw what happened in the midterms in some of the places that he did well, democrats have really put a footprint, you look at wisconsin, we have the
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governor's mansion, michigan. all those places look a little different than they were in '16 and the mood of the country is different. >> it is, it'll come down on the candidate on the left. neil: run third party. >> it could put a hole in our tire. [laughter] neil: we will go back to cpac and see what's going on, socialism and everyone that antjuan wants to do to destroy the country and then they will hear from the president. and maintained it. oh! under seven? and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? a two-year study showed that ozempic® does not increase the risk of major cardiovascular events like heart attack, stroke, or death.
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neil: welcome back, everybody, this is an opportunity for you to get two different takes on what could be america's future or the republicans with donald trump and conservative vision and what's happening with leadership of record unemployment, improving economy, strong market. on the right of the screen bernie sanders, does lead in new hampshire but his vision which
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is now everybody running for nomination, spending, make the boom of economy more fair for folks, aron, that's what it all comes down to, competing vision for americans and what americans vote on. >> yeah, it's tough when you look at some of the policies because we understand that it's, of course, you want to say to those that are left behind and left out that they want to do better but there's such a large economy and trying to shift that you could very easily veer into hurtful socialist policies and so that's a big concern, polarization of couldn't go too far left and could we damage a stable economy that we have right now. neil: jonas. >> it's amazing, settled
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science, great depression and huge unequality -- america is working so well and all the places failed, venezuela, european countries, that doesn't really work. >> have you forgotten about that? [laughter] >> let me tell you what i like about both of these guys and what i don't like, number one, each of them keep their message very simple and that's why i think both donald trump and bernie sanders have this mass appeal, what i don't like is they speak to the negative side so much as we have been talking about. bernie sanders, if you didn't know any better you would think that you were in a great depression and, of course, donald trump seems to be stuck on the wall and he always goes back to that and all the bad
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people trying to get into our country, now, i don't think it's necessarily a bad idea that our country has borders, think about how we communicate it, it's very simple but it's also very negative and both of these candidates do that. neil: does sanders tweet? >> he doesn't have the aoc snap on the twitter. [laughter] neil: one of the things the president tries to remind people about, the points that you mentioned, and all of the markets, they are going more his way although he doesn't mention the markets quite as much as he used to but how does that play, markets can be very strong and still not help the party in power, so it just depends, i guess? >> part of it is the wealth effect and consumer confidence. this is truly a snapback of undoing fourth quarter --
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neil: 4% or so on the dow. >> yeah, the markets that did the worse like your small caps or tech stocks reboundedded the most. almost perfect inverse correlation of those that got hit the hardest in the fourth quartered have reboundedded the most. you actually don't want to talk about it because it has nothing to do with -- it's a rebounded, right, and so we really want to focus on them what will happen on the market for the rest of the year because, okay, now we have undone the carnage of the fourth quarter. neil: what's going on now is the correction of what was last december, right? >> yes. neil: we don't know what's real. >> it's a rebounded with the reason. the economy looks like it was going into recession. interest rates were plunging, global economy weak, global economy still pretty weak and we are seeing better data, earnation, -- earnings, gdp, you
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can argue that markets were too strong, but it is there for a reason. we are not going into recession, it could change in quarters but it was an overreaction. >> i would disagree that the fundamentals look better in the fourth quarter because when you look at expectations going into this year, the expectations are cut in half so -- neil: expected to be a contraction? >> yeah, yeah. less money to get markets rebounded. neil: they don't like to be surprised on the downside. they are happy to be surprised on the upside but i think they've gotten there around that. it could be slower than the fourth quarter, slower than the third quarter, slower than the second, progressively the momentum has flipped.
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>> i think investors are preparing themselves for what isn't going to be so great. what the average american right now is starting to pay attention to are the tax returns because there was a lot of talk about the -- the tax plan and what was going to happen and how that was going to play out for everybody was going to be -- or most people were going to do a lot better and there's been discussions of refunds are down and what does that mean, i think there's going to be a lot of discussion over the next month or two related to how effective has the new tax plan been and what's the impact on the economy. if people are really getting less of a refund because they have gotten more throughout the year, how is it going to affect spending? neil: all right, quick break here before we get to the president or bernie after this. are only $4.95...
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apparently want to hear from bernie sanders and the president. on the right of the screen bernie sanders, at cpac on the left of the screen. people are waiting to hear from the president. right now, the two politicians have a lot more in common. you are mentioning the direct simple message that they have. obviously, bernie sanders is reintroducing also. the president does not have to do that. who has more in the line? >> i think bernie does. i say that because he has a lot of competition. a lot of democrats are trying to steal his thunder. can they get further left than bernie? to some extent he has to reinvent himself and make himself different because they're all following him. donald trump on the other side has his base. you know what you're getting with him. i really see that there will be a serious challenge in the primary. although there are some talking about running. i don't think he's got that
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challenge. neil: who do the markets want? they're not republican or democrat you know under bill clinton they did not want to see him impeached. they wanted to avoid that for bill clinton. what do you think? >> i think right now probably they would go more with trump. you don't in general, marcus don't like a lot of change. they don't like a lot of volatility. and so, bernie could potentially be seen as anti-wall street, a lot of potential change. just -- neil: bernie sanders wife is about to introduce her husband. i think she will. but what do you make right now beyond this, marcus had been making a lot of money under the present, preparations have much stronger earnings. so whether they are right or left they do not want that distraction. >> they had a good run under several presence. the other was defense spending,
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healthcare, there was a profit boom, more healthcare subsidized by taxpayers so they been strong. these cut into profits. we talk about medicare for all, the lower reimbursement rates, that is a healthcare sector. this is a move away from growth and corporate politics. obviously this is a huge boost to the bottom line, we have not had a real policy initiative that hurt reparations in a long time in this country. neil: to see this bull market continuing? >> yes, i do. i am an optimist and i think is all good karma. i think as long as donald trump is in power at think this continues. neil: i want to thank you very much. who do you think they will go to in the next hour? bernie sanders or donald trump? you can go ahead and bet. right now, we are waiting to hear from obviously, very powerful players from each
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party. the president of the united states and how he response to criticism. and bernie sanders to criticize him he's gotten. fox continues right now. >> a fox news alert. noon eastern as we wait president trump at the annual cpac conference. they say national harbor maryland, which is just about 10 miles south on the potomac from the capital, the president we understand, is there. at the convention center but has not yet taken the stage. welcome to "america's news headquarters" from washington. when we say news, there is a lot of news today and a lot of events today. >> i am molly. nice to be with you in washington on this cloudy day. we are talking a lot about cpac. ahead of the speech we have a radio
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