>> we'll see you tomorrow. ed: see you on sunday! neil: well first a toast, now the test? north korea's kim jong-un firing off a series of what they're calling short range projections, just days after his meeting with russian president vladimir putin that is happening half way around the world there should we worry about putin's latest moves in venezuela much closer to here welcome everybody happy saturday i'm neil cavuto and the white house says that it is monitoring this situation very closely. president trump has been tweet ing this morning, but not about this. to gillum january turn erin washington with the very latest. reporter: neil so north korea fired several short range missiles of its east coast

beginning just after 9:00 a.m. local time, there. according to the latest from the south korean government these missiles originated and it's a coastal town and a statement from south korea's presidential spokesperson says we're very concerned about the nodder's latest action we expect north korea to actively join efforts toward the fast resumption of denuclearization talk but the japanese government con froms these muscles flew 70 to 200- kilometers before landing in the sea between north korea and japan. these tests come as denuclearization talks with the united states remained stalled. this after president trump's summit with kim jong-un in vietnam fell apart. so far the white house has said only we are aware of north korea 's actions tonight. we will continue to monitor as necessary. over the past year president trump has often touted no missile test and no nuclear test as proof that his north korea

strategy is working so it's unclear yet whether the white house will now take a tougher stance after this state of test. this is north korea's second missile test this year. the la the was a cruise missile test that came just a couple of weeks ago on april 18. their last known ballistic missile test was on november 28 of 2017. yesterday, during his nearly hour and a half long call with russia's president vladimir putin, president trump got a read-out of putin's meeting with kim jong-un that happened on april 25. putin reportedly told the president that north korea had fulfilled its obligation and stressed to him that the united states should recipro indicate by reducing sanctions on the hermit kingdom. that was his advice, neil. neil: thank you very much, jillian turner, keep in mind it was only last week that vladimir putin was meeting with kim jong-un in russia and that raised a lot of questions about timing, whether it's coincidental or not let's get

the read from retired u.s. army big a gear general the author of the soon to be released anthony tata, general very good to have you. what do you make of the timing of all of this a little more than a week after the two leader s had met? >> neil good morning. what i make of it is that kim jong-un seeks attention, and venezuela has been dominating the world stage as has our domestic internal politics, so kim jong-un is over there saying hey don't forget about me, and conversely, when you see great divisions within our nation, domestically about the russia and great divisions in our nation about venezuela and all the fires burning around the world such as venezuela we had rockets fired in israel from gaza, hamas, it's a perfect time for a nation to test the united states, the world's super power, so i think that's what kim jong-un is doing here.

russia plays a role, they play a role in venezuela, they play aureolin north korea and i'm confident though that this administration has the right synchronization of the elements of national power, diplomacy the information warfare, military, economic and it's just pulling those levers, and admittedly, kim jong-un, he said he would not test intercontinental ballistic missiles and these fall beneath that umbrella of distance, so he is not technically violated but it is provocative and it is because of this russia narrative here at home and the fires burning around the world. neil: i do wonder because it was last monday that he tested a tactical-guided weapon and this was a projectile of some sort 125-150 miles out to sea and in the water it goes but it is provocative and how do you think we should respond and how much of this do you think is vladimir putin trying to say this is what

you do to agitate the u.s.? >> well it's clear that president trump and his team have been working a strategy of containment, driving toward denuclearization, and so if this pushes at the boundaries of containment and containing north korea's nuclear and intercontinental ballistic missile threats and i'm not sure that it does, but let's assume that it does, then the administration i'm sure will take the appropriate steps to counter that, and i would say tighten sanctions, i would say move toward again reasserting our military presence in that region and reminding kim jong-un that all it takes is a nuclear missile down the smoke stack and he goes away so that's kind of where we were about 16 months ago when this thing was at a fever pitch and it was a very real option that we had tactical and nuclear options on the table , with regard to north

korea, so that's how i see this playing out, neil. neil: so very quickly these type of actions would make it less likely that there would be a follow-up meeting or that the kim jong-un would get what he wanted. he must recognize that this would only agitate borders wouldn't he? >> well, yeah, you've got to assert strength to achieve peace you've got to have strength. that is the one well known factor about this world, when you have tyrants like kim jong-un, and so you've got to stand up to them and if they're not going to accept diplomacy which clearly they have backed away from the table then what we have to do is be strong and push on them and demonstrate that they cannot outmuscle us. neil: general thank you very much. good catching up with you. >> good catching up with you too, neil. neil: to jacksonville, florida an investigation underway as we speak with a passenger jet coming from guantanamo bay slide s off the runway and into a river and now boeing says it is

providing technical assistance at the request of the national transportation safety board. fox news correspondent has more. reporter: yeah, good morning, neil. yes, the ntsb has a team heading to florida to investigate and as you said, boeing is going to provide some technical assistance to that agency, but the boeing 737 charter flight is operated by miami air international. it was actually en route from guantanamo bay, cuba to naval air station jacksonville it's a military airport, at the jacksonville naval complex. officials say the plane actually slid off the runway as it was landing and went right into the st. john's river. the jacksonville sheriffs office says the plane landed in some shallow water and it was not submerged. 21 people had to be taken to the hospital. nothing critical though. unfortunately, there were some pets on board. they have not yet been retrieved , because of some safety issues with the aircraft. overall, officials breathing a huge sigh of relief.

>> it is a miracle. we could be talking about a different story this evening so i think there's a lot to say about the professionalism of the folks that helped the passengers off the airplane. it very well could be worse. reporter: here is what we know about this airplane. the charter flight carries military personnel, contractors, and family members, on and off military bases. jacksonville fire and rescue by the way said ironically, their special operations teams had just trained for an incident just like this one with their marine units earlier that day, neil? neil: thank you very very much. with us now is oliver, a former u.s. deputy assistant secretary of transportation. secretary good to have you. what do you make of this? >> well, what we're talking about here is really a miracle on the st. johns, much like what we saw the miracle on the hudson with the great captain scully, s

ully, but this was really about the contaminated runway. we had about half an inch rain in 23 minutes last night when this plane was coming in and that's usually by faa standards is limited about one-eighth an inch rain so you could have a nice, dry, easing landing runway and what that does, neil is that effects the hydro planing speed which is really a ratio that hydroplaning speed over the square root of the tire pressure , and that's usually ranging about six to nine according to nasa studies, long- standing nasa studies so what we have here is basically faa trying to beat faa standards on the required distance that you need to account for in a cockpit where you have a hard landing on that tire pressure and also the load that you're putting on those tires about 10,000 pounds and you've got to figure out that distance so that you don't overshoot the runway especially when you have

something sliding through and that's really what happened last night. neil: so is it just prefunctory then that boeing is providing technical assistance this might not have anything to do with the jet itself so that's just part of the procedure here? >> oh, absolutely well-said neil because i think boeing is basically saying yeah, we're going to show up at jacksonville because it's dealing with a boeing 737-800 so they are acting as an interested manufacturer to know the details of what any incident is happening with the aircraft. i think this is not closely related to anything that we're seeing in the 737-max which is grounded, but this is also requiring boeing to work with nt sb and the faa on pilot training and as they said in your previous report, they were actually doing some scenario planning on this, as the pilots do this all the time the simulations and new scenarios of landing scenarios that they have to practice, and this was one last night, basically dealing with hydroplaning. neil: secretary thank you very much for taking the time i

appreciate it. >> thank you very much for having me neil. neil: be well, sir. the president has commented on this north korean projectile test, whatever you want to call it, saying that anything in this interesting world is possible but i believe that kim jong-un fully realizes the great economic potential of north korea and will do nothing to end it and he also knows that i am with him and does not want to break his promise to me, a deal will happen. in the meantime, remember the first time man landed on the moon? what if i told you it has been that long, since the unemployment rate was this low. out of this world low, and now, a look at its impact here, on earth, on the 2020 race on the future of interest rates, and on whether the new york jets could ever come back from something like this, just like a trade battle with china, after this. hey, who are you? oh, hey jeff, i'm a car thief... what?!

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one giant leap for mankind. neil: the year was 1969, the year man landed on the moon the last time the u.s. unemployment rate was a 3.6% that is until now, we will probably not be returning to the moon any time soon although it seems like everyone else is but we have returned to that headline-making number an economy hitting 263,000 jobs and to deirdre bolton on the number. >> so the services industries saw the very strong job growth so if you are a computer systems designer, a social worker, a healthcare professional you have the most opportunities. construction, financial services , next biggest gain. president trump tweeting jobs jobs jobs, after this report saying he was proud of the u.s. economy, and if you look at the groups of people that also benefit, though unemployment rate for women down last month to 3.1% lowest points since 195d

to 4.2% a record low since 1973 when the government began tracking data asians the joblessness matched a record low of 2.2% the unemployment rate for veterans for iraq and afghan wars dropping to 1.7% also a record low. average hourly pay, up 3.2% so that matched last month's data, but no sharp increase to make economists worry about inflation very few democratic candidates have commented about the so-called goldie lox condition but senator warren was one who did weigh in. >> i'm always glad to see when people have more jobs, more money in their pockets, but i think the experience of much of america is basically flat wages for a generation now. reporter: house speaker nancy pelosi stayed on a similar theme i'll quote her here. unfortunately the evidence shows most of the economic gains continue to benefit those

already well off. we must do more to ensure that the economy is benefiting every family and every community and that all americans have the opportunity to move ahead in our economy. if you judge by investor reaction you'll see a lot of optimism. we had green on the screens, the jobs report paired with the most recent read on u.s. economic growth and of course earnings coming in stronger than forecast for this quarter, factors that pushed the market higher on friday and as we know nasdac even hitting a new all-time record high. neil back to you. neil: deirdre thank you very very much this will put this number in perspective folks here you could play politics with it but for all key demographic groups the unemployment rate is very very low, historically low for hispanics the lowest for example, it has ever been and to say it's tilted to the rich is just wrong. in the meantime the 2020 democrats some of them certainly are on the spot, democratic strategist nathan rub en is here, and fox news contributor jonas max ferris. all right, so nathan help me

with this. we could pick apart numbers all day long but a strong economy is a strong economy so are they picking apart issues to dispute the obvious? >> i don't know if they are picking apart vague issues. i think part of their message is that there is vast income equality and vast wealth in equality. neil: and that's a generational thing. >> it is. exactly, but i think to the point when senator warren talks about changing the systems that enable this type of inequality that's her message and her platform. i will say that a strong economy is good for the united states of america. no one is denying that but i think the underlying systems that senator warren and speaker pelosi are talking about we still need to address those. >> but isn't a strong economy the great equalizer for in equality between different people that need those jobs and feel there is income in equality this is the strongest jobs report we've seen in quite frankly decades. i mean, this is really strong, the service sector is pumping,

everyone is it seems very euphoris out there, so i hesitate to sit there and say well we have a lot more to do when we're really on a pretty strong roll right now. >> i'm not going to disagree with that but to an extent if you walk outside this building you'll see homeless people all around. >> we're always going to see homeless people. >> not technically in the workforce though. there's always people that are homeless. the unemployment rate is low when people know homeless and the clinton administration that's not a proof that the economy is not -- neil: but how would you turn it so democrats, you know, can't focus too much on an economy of this strength. you could talk about disparities that's been a generational issue and all that but it's even less of an issue right now, so what did they seize on to get enough votes to take -- >> all they really have is the inequality story which by the way that's why there's no

inflation and by the way there was rising inequality during the booms and the obama-era it's actually a sign that the economy is strong. there's never been a case where there's been shrinking in equality in a really hot economy. i don't think there's no example in the world that's a myth that you could have. this is inequality rising is -- neil: but what is the strongest economic engine on earth, by far , so what i'm wondering, and i can understand democrats credit the president but something he's doing is working. >> oh, yeah. neil: and i'm wondering, they would talk about wall street going up and dismissing it to the fat cats et cetera but the fact of the matter is, this is arguably strong report first quarter gdp to your point at a rate, no one expected, retail sales picking up steam, gets over confidence very very strong , pending home sales also very very strong. now, we could quibble about how strong it should be, but it is strong, across-the-board.

>> the president certainly also his faults but when you look at his approval rating when it comes to the economy, 56% i was looking at this poll. neil: that was a cnn poll. >> oh, okay so i didn't want to say, but yes, it was a cnn poll, and his approval rating is very high, or higher than it has been , when it comes to the economy so yes, absolutely. he is doing something right, and from my perspective when i look at people, the consumer, and how they're spending, you look at the earnings from these companies, you look at same-store sales that was being reported just the beginning of the month. people want to go out and buy. the reason why people go out and buy -- >> the only negatives that the deficit is rising in this hot economy and that doesn't usually happen. >> but the savings rate is also going down. neil: and believe me i worry about that under any party but nathan is it your sense you could advise democrats to recalibrate how would you? >> well look i think we need to

again go back to the root of the issue. there is vast wealth and equality especially among the racial gap and the idea that president trump is doing good things for the economy i'm not going to dispute that but the trend is a continuation of the obama-era economy. i think to your point, political ly speaking, president trump is going to run on the economy, neil: he should. >> incumbents are incredibly difficult. i would say he's the favorite right now if things don't change democrats need to find a way to attack him. neil: well thank you guys very very much. in the meantime here, the pile- on with attorney general bill barr, what is that all about? what if it's something that he is coming up as we speak and not refusal when it came to house judiciary committee to speak. with a barbershop quartet? [quartet singing] bum 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

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>> begin the proceedings to remove the attorney general. he is realtime chicken barr should have shown up today and answered questions. >> he lied to congress, and if everybody else did that it would be considered a crime. president trump: what they should be focusing on is how did this mess start. how did this whole investigation start, because i think it's corrupt as hell. >> to state with confidence that the russian steel dossier was not part of the russian disinformation campaign? >> no i can't state that with confidence and that is one of the areas that i'm reviewing. i'm concerned about it and i don't think it's entirely speculative. >> this attorney general lacks all credibility and has, i think , compromised the american public's ability to believe that he is with justice. >> no collusion, no obstruction but now the american people have a right to know how all this started. neil: all right so there are

somewhat different views depending whether you're republican or democrat on bill barr and whether he's worth staying in the job in this investigation. ken starr joins me right now, of course the former whitewater independent counsel, author of contempt, memoire of the clinton investigation. ken good to see you. >> good to see you, neil. neil: do you think any of this hostility the democrats have expressed about the attorney general is nor based on what he might find and come up with down the road about the genesis of this whole investigation? >> it's hard to explain it otherwise. why don't we want to know the truth? how did all this come about? a number of concerns have been raised, but you really want to know the truth but instead, i think it's really sad for the country but welcome to politics, that they just vicious viciously attack an honorable man. they attack everything that he's doing, from my perspective, h ings going by the book and followed the law and followed the regulations in terms of that famous now infamous march 24

letter, that did exactly what he was supposed to do and not even robert mueller, wining as he did in retrospect about it, was willing to say bill, with all due respect, that was inaccurate it wasn't inaccurate and yet bill barr is unfairly being savaged, but -- neil: well you read the report obviously, and the bullet points that the attorney general provided mirror pretty much the findings of that report. >> i think it stated the bottom line conclusions. that's all the letter of march 24 from bill barr the congress purported to do. what more could he do and they said you should have released the summaries and they said no it's a judgment call. neil: he was damned if he did or damned if he didn't. i guess the mueller folks were saying you needed to provide more context but time was of the essence because it was creating a firestorm right? >> and the adverb fully was used in the robert mueller letter of march 27. you didn't fully convey the context and say oh, please, it's

a 446-page report that's mission impossible. i think it's unreasonable. i think it was an unreasonable letter. i'm very very disappointed in someone who i have great respect for and that's robert mueller. he should not have written that letter and then bill barr did exactly the right thing by calling him up saying what's the problem? where is the beef? and to say then that it wasn't accurate, just suggests to me that robert mueller did a great disservice to the justice department and to bill barr. those are strong words, usually a little bit more restrained but i'm very upset about robert mueller's sort of opening the doors to the democrats vicious attacks on a very honorable attorney general. neil: you know i'm curious too. the chicken attack line on barr, just the day before he was like a human pinata with democrats and absorbing six hours of these body blows, so he is a chicken, he has a funny way of showing it

wasn't he more against being questioned by a separate attorney, counsel that had nothing to do with members of that committee, most of whom were lawyers anyway. >> right he said look i'm not going to be questioned by staff. i'm the attorney general of the united states. it sounds a little bragging but he was just being very straightforward. i'm an officer and you have been elected, members of the house, so you do the questioning as opposed to bringing in some -- neil: and that was a nadler last -minute call right? so he knew the reaction he would get almost seemed like a setup. >> it may have been a setup, or it may have been a recognition. they're dealing with an extraordinary able attorney general of the united states who first and foremost is a superb lawyer, couple that with vast experience, and he's going to be able to handle any questions including from staff but i think it essentially what we have is a declaration of war by jerry nadler. now joined by the senate

democrats on the senate judiciary committee and now the presidential candidates joining in the declaration of war so we're in a state of hostility and bill barr by my lights is performing reasonably. why walk into a situation when you know here is nancy pelosi, right, neil already saying you lied. neil: and the worst thing that happened to bill barr in the administration is this enormously stunningly good unemployment report because if you're a democrat you've got to find something else to talk about and this is fodder. >> politically let's let the attorney general whose capable taking all kinds of heat take the heat, mr. president talk about the economy. let bill barr handle this investigation on all fronts. neil: but do you worry the republicans have argued let's have an investigation and see how this investigation started that americans polled on this subject and they say enough, enough. >> doesn't matter. this doesn't matter because we need to know the truth.

we have been through these two years of uncertainty, and we've got to find out how did all of this begin. you shall know the truth. neil: all right, ken thank you very much. ken starr, joe biden is in some trouble, 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. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today.

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to deal with the fact that they have this great division between the china sea and the mountains in east, i mean in the west. they can't figure out how they're going to deal with the corruption that exists within the system. i mean, you know, they're not bad folks, but guess what? they're not competition for us. neil: well that might have been biden oops moment there, because something is very wrong when you have the likes of bernie sanders and mitt romney saying, say what all right let's get the reading from millennial politics nathan ruben, new york city council minority whip joe border patrol borelli, and not competition while be rifling through some examples of how china looks to be like competition, but what do you make of that? >> i don't know why he would say that. i'm thinking maybe he might not know what the word "competition" means, that's the only way that i could see him saying that.

china's not only the second largest economy. it's projected to overtake the united states within the next decade. that's the definition of competition plus their military is getting increasingly more developed, stronger, and there's a report in january released that said we need to worry about that too that they are becoming an increasing threat defense intelligence agency report so to not say it's competition, the facts are it's the definition of competition. are we on top right now? yes but that doesn't mean that we don't need to be concerned about this. you'd be a fool to not be concerned. neil: joe i read maybe he's not a fan of what the president is doing on the trade front with the chinese, fine you might not like it, if they have anything when it comes to trade issues whether the president's solution is the right one you could debate but i'm wondering as well , if there's an acknowledgment on this part, as part of the administration, where trade deficits grew and grew and grew, i have to say something here to minimize the impact of what this president is doing. >> right there is probably a

democratic border strategy to down play this, so they are trying to do anything but convince people to talk even about the economy going in 2020. i think what he said though is reminiscent of civil war general cedric who said they couldn't hit an elephant at this distance there is where most democrats are concerned would be the standard protocol of a joe biden nomination. neil: and the civil war general to put it in context. >> well it was a good start. neil: i was very impressed but nathan for union audiences it was no accident that among his first stops when he announced he goes to scranton, pennsylvania, a big union state, union members i hear they're concerned about china but those same union members were the ones who many of whom went to donald trump, based on his notion that china and these other countries they're sticking it to you. >> well the theory with joe

biden is that he is middle class joe, he is a union man, he can win back. neil: but did he look like clueless joe to you? >> well i don't know again to your point about a gaf. we're in the trump era. are there any any more? just look at twitter. >> there are a lot of gaf's. neil: do you think to just minimize china as a competitive -- >> i don't know if i would call it a gaf. i personally would disagree for all the reasons kat laid out and you see their willing into else to hack, lay into and steal intellectual property, trying to break into mar-a-lago to steal national security secrets. neil: to me it's a threat. he doesn't see the threat. >> maybe he knows more than i do. that could always be a possibility. neil: do you really think so. >> he's the vice president of the united states. neil: but he minimized the threat that republicans and democrats agree. >> because those are the facts right if he just said oh, i disagree with the way that president trump is handling china this is how i'd handle it

differently is one thing but to say they're not competition that's just false. neil: think about it when in 1980 as a percentage of the gdp of the world is how i look at things sometimes and you can't argue green money issues, but they were 1/20 of what be were as far as gdp output. right now, they're close to even , in the few years they will exceed us. they're growing at a rate even with our strong growth, that is at a middle double ours now. that is something i think we should take note of. >> in the most wrong political terms if you're joe biden and trying to juxtapose yourself against donald trump as the old foreign policy-wise sage, whose been around washington knows all of the ins and outs you can't be saying stuff that is this ignorant where you have mitt romney and bernie sanders both saying how wrong you are, this isn't the joe biden that could possibly beat donald trump. this isn't the joe biden that could win the democratic nominee and we talked in the break about how this might be his nomination to lose. this is how he loses it. neil: a lot of people look at

that and just say who has our best shot of winning it comes down to that and they still think with this to be fair i think, nathan there are a lot of other issues that dominated attention not so much this but do you worry when i nowhere you're coming from but do you worry he keeps making comments like this he's going to flood this thing. >> well i'm not so sure. i think we have yet to see how this plays out. neil: he was blessed by a lot of news. >> he's had a really nice poll bump after his announcement he's trying to build a political coalition of people who were hurt by trump's broke in promises. neil: what about unions who relate to president trump and what he's doing did he alienate that? >> joe biden? neil: yes. >> i think he still has a chance to win them back and that would be really key for wisconsin, pennsylvania, ohio, all of those core constituencies that he has traditionally strong with. neil: we shall see guys thank you in the meantime apparently it is derby day but forget the horses janice dean says it's really all about the hats.

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at bass pro shops and cabela's. like savings of $40 on a lew's custom xp baitcast combo. and z-man original chatterbaits for under $3 a piece. your adventure starts here. neil: all right, our very own janice dean is in churchill down s for the 145th running of the kentucky derby, apparently it's a huge event which is why we have, well, janice down there janice, is it supposed to be raining all day today, right? >> yeah, rub it in, rub it in my friend this is my triple crown i've been here three years in a row and it has rained every single year, so i don't know if i've got to do with that the fact that we've got a money track and we're going to have another mutter this year but i will tell you that the bar opened at 8:00 a.m. and you're the only anchor that i would actually go from the bar to the camera person, and do a report,

live on your show. i just wanted you to know that. neil: it's great risk in that so hopefully, you're able to complete this report. i'm sure you are. >> [laughter] it might be my last report on the fox news channel but let's try. so post time is at 6:50 there are three favorites bob bafford is the trainer of all three favorites and if you follow horseracing he's the god father of training, he was justify's trainer last year, triple crown winner so roadster, game winner and improbable are all of his horses, i mean improbable is probably the horse i'll bet on today because it's improbable that i'm going to get through this report having had three mint juleps already. the forecast today, cloudy skies , we are going to see rain in the forecast, yesterday it rained all day so the track is going to be wet and we're going to see. it's going to be interesting, justify had a very muddy track last year, it was actually the

wettest derby on record, 2018 and the horse just flew by everyone. mike smith who was a jockey, had no mud on his uniform, so that just tells you what these horses have to deal with and what the jockeys have to do to get these horses ahead of everyone else, and again, now bob bafford has a good shot at being the winninges t trainer at the derby and if he win wins and he will n in history as tied for the most wins at the derby and then they go to the preakness and of course the belmont and the one horse wins all three that will be the triple crown, hall hey hallelujah, neil cavuto, i got through this weather report and kentucky derby report having had several mint juleps earlier on today. neil: the hat thing where did that start? >> yes, the hat actually, the hat situation began when the derby started 145 years ago, and

it really has never lost its charm, ever since, all the women here and the men love to put on their best hats, it's kind of like a peacock thing. go big or go home. the more colorful the better, and i will tell you, last night at one of the big galas, i stopped tom brady and i do believe it was because i was wearing a very impressive hat that he shook my hand and said hello. neil: this is why they don't have me covering it because first of all, they wouldn't find one to fit me so i said give it to janice. give it to janice and they said all right, we'll do janice. >> i appreciate that. i think you would look good in this color. i also have to tell you that christine moore is the official milner at the kentucky derby and she fashioned this hat for me today and you would look great in this hat as well my friend. neil: could yeah if you could sew two of them together, but janice, great job my friend,

janice dean right in the middle of that action and the kentucky derby. >> thank you, my friend. neil: we have a lot more coming up after this including the fall -out from a lot of americans just feeling good about this economy, themselves, and i guess horse horse races in the rain. more after this. our yard, but so are they. the triple threat of dandelions, lurking crabgrass and weak, thin grass! scotts turf builder triple action. this single-step breakthrough changes everything. it kills weeds, prevents crabgrass for up to 4 months, and feeds so grass can thrive, all guaranteed. only from scotts. our backyard is back. this is a scotts yard.

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neil: we're still waiting, for a response presumably from democrats on the president's request for $4.5 billion more in emergency funding for the border , former mexico governor suzanne a martinez joins us right now governor thank you for taking the time. when we last chatted governor you had some ideas where some of that money could go. the white house is not going to be a secret way of getting more wall funding or the rest but that it needs this money immediately. where would you use it?

>> you know, where the $4.5 billion that congress has to release, has to provide immediately will go to humanitarian care and the humanitarian care will be to make sure they're feeding and taking care of those illegal immigrants that have been processed or being processed, and more capacity to be able to help illegal immigrants in those shelter also to provide healthcare and be able to see doctors immediately and to make sure that they are healthy. also, for border security operations such as for smuggling of individuals, and to making sure that the capacity for un accompanied children is also increased, and so the $4.5 billion needs to be something that congress issues immediately because the crisis is today. it's not next month after they're done with all of the hearings going on that we see on tv all the time. it is today, it was yesterday, and it was last month, and we need to actually deal with it

immediately. neil: do you feel all it can to deal with this on its own? >> you know, we have to partner with him. there's no doubt that mexico and the united states partner in many other ways and this is one of those things we're going to have to partner with them to make sure that we can deal with the immigrants that are coming across into mexico, because they are the first country, and that is where it is. neil: we're not doing enough in that regard our criticism is that lately they have been round ing up a good man it coming from all points south, latin america, south america, what have you, and taking them in. others hop on buses to get to the border to form these caravan s we hear so much talk about so it gets back to the question are they doing all they can? >> you know what? they have to work with as well and they're confronting the cartel. they have the cartels who they get paid anywhere from three to

$10,000 per-person, to be brought to the border of the united states, and turn themselves into the border patrol so that is something they are combating as well is those folks are paying to be transport ed in a very short period of time compared to the month it was taken before to actually walk through that journey up through mexico, and so we need to make sure to sure it up and make sure they're working with the united states so that those folks who did not have true asylum claims can be returned to their country. we have over 100 countries, people from 100 countries coming to the border. our weakest point in the u.s. , mexican border so i'm hopeful we can continue to work with mexico neil: you'd talked for years even in your days as governor there has to be a comprehensive immigration plan. there never is. are you any more optimistic now that there could be? >> you know, i can only stick to the american people, and those folks who elected their officials and congress and tell them they have to make phone calls to their elected officials

in washington, and demand that there be changes and reforms in the asylum laws, they have to be part of this process and insist that we take care of the issues that are taking place on the border. we just lost a 10 month old baby because of the wraths b put together by these cartels that are bringing families, and they are made so poorly without any safety gear, and a 10 month old child was drowned in the rio grande river. i'm from el paso. the border was the river. i've prosecuted cases on the border, from cartels. we don't have even border patrol agents who are at the border patrol checkpoints and so actually, the cartels are trafficking more drugs, because they can move faster than congress can move. neil: governor thank you for taking the time. >> absolutely you're very welcome, neil. neil: governor martinez. well we're still in that negotiating i'm talking well

south of that negotiating, the latest on the clashes in venezuela, whose going to win this and how bad is it going to get before either does? ... that led to the ride which took them to the place where they discovered that sometimes a little down time

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>> all right. this was the scene earlier this week in caracas, venezuela, no change in leadership. juan guaido we recognize to be the dually elected head of that country can't get into the presidential palace where nicolas maduro had as most of the support of the country's top generals. and steve harrigan whether anything has changed. >> this is the charlottea care

base. there was an uprising and they were able to knock down some gates, and set fires and throw a lot of rocks. it didn't happen after a few hours, and the dispute was put down by nicolas maduro and the regime. and demonstrators are back out on the streets yet again. the question, in what numbers will they come out and how many will answer the call and will it be peaceful? opposition leaders are calling for a peaceful march today. they're going to military bases like this one and the goal is to try to win over the military. something that's not happened yet. one question to keep in mind, juan guaido. he's backed by the u.s., recognized as interim president. he called for a military uprising and he still walks the streets here unhindered by maduro. will maduro try to arrest him and that's what the u.s. has warned about, there would be consequences if that happens.

back to you. neil: steve, as i always say, be safe. steve harrigan in caracas. and the military option remains on the table, is this the best possible plan of action? that depends according to my next guest, colonel douglas mcgreggor. i assume if we're talking a military option, we wouldn't be doing it alone, right? >> well, we always have someone along from another country as a kind of fig leaf of legitimacy. frankly speaking we're the only ones with the military power and the capability to project it. and it's essentially an american operation if we undertake it. i hope we won't. our record in latin america is disastrous. neil: no, you're right about that. questions have been raised about colombia, already been taking a number of these seeking asylum and protection in that country, brazil is another. do you know whether the price should be put on those countries

to do something? they're leary of taking military action and they don't want to be in another country's crisis. even though with russia potentially involved, it's changed mightily. >> i think that russia is running a shoe string operation. it's not meaningful. the chinese as you know walked away from venezuela because it was a money pit. they had no chance to be repaid. so they left. i think that it's a latin american problem, and i think the president should make it a latin american problem and. we have serious problems along the mexican border. neil: so you don't think it's a concern that russia establishes a beachhead in our hemisphere much akin it what it was trying to do in cuba during, you know, john kennedy's administration? you don't liken the two? >> no, of course not. first of all, today russia is an

economic midget. the south korean economy is larger and more diverse, more capable and more productive than anything in russia. remember, there are 49 million koreans and 140 million russians. so that should tell everyone right away what's actually happening, which is not much. this is an opportunity for putin to remind trump that he's unhappy with our presence in ukraine. our presence in georgia, our presence in the baltic, that's all. neil: colonel, could i -- we talk about whoever has the military has the upper hand and we're told again and again that nicolas maduro has the stop generals, many of whom have benefitted with access to food and medicines that the people of venezuela have not, including lower ranking soldiers, and that the people, for those interested in putting guaido in power, should take advantage of that divide in the military, but it still remains that. what do you make of that? >> well, mr. maduro was very smart. when he became president, he began to rapidly replace all the

senior officers with people loyal to him. frankly speaking, i wish president trump had done that in january 2017. unfortunately, he didn't and he's paid a terrible price. mr. maduro did the right thing for his purposes. i would not leap to any conclusions right now about the venezuelan military. this is not a particularly impressive array, either professionally or in terms of equipment. they're holding together for the moment. how much longer they can do that, who knows? remember, this is another socialist economy and you have a socialist, mr. guaido, who wants to replace a communist, mr. maduro. i don't know what's going to change. we have in huge underclass that expects to be nurtured and sustained by the government. it doesn't matter who wins, the problems are going to remain. neil: when you think about it, there was a time when venezuela was among the richest countries on earth on a per capita basis. and with assets and oil, and

they went through that and then some, didn't they? >> neil, that was also for a very brief period. if you go back to the 1930's, for instance, venezuela, mexico and cuba were all of one mind in their support for the communist cause and the spanish civil war. and all through world war ii and through most of the 50's all three were very, very open receptive to soviet communism. it's only been for a brief period when the oil industry took off that things changed and again, it didn't last because the place lives in a sea of corruption just like mexico, just like the rest of central america. neil: all right. well put, colonel. thank you for taking the time. >> sure, thank you. neil: all right. regardless of these controversies, what's happening on our border, what's happening in venezuela. the mueller report when it comes to what is galvanizing americans' attention, it's the economy, stupid. the president says he'll run on the economy and right now he has a lot to run on after this.

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>> all right. well, apparently new york city mayor, democratic mayor bill deblasio is planning to jump in the 2020 presidential race this month. this as the president says he'll run on the economy and this might be the reason why. 263,000 jobs are getting added to the economy in april. it's averaging north of 200,000 a month each month for better than the last year right now. the unemployment rate itself down to 3.6%. to put that in some perspective, we haven't done that since 1969. that was the last and only time the new york jets won the super bowl. so is it possible? let's get the read right now from a democratic candidate who doesn't see it quite robust, not about the jets, but the economy. it doesn't seem quite so strong to him. he joins us now, john delaney, one of the presidential candidates in a very crowded field. congressman, good to have you. where do you stand in this

extremely crowded field? >> well, i'm certainly a more moderate candidate among the democrats running. i'm very solutions oriented. i've been a problem solving my whole life. ranked one of the most bipartisan members of congress. a successful entrepreneur before i ran for congress and bring that economic mindset, unique understanding of the economy, and i really think, one of the central issues facing this country, neil, is how terribly divided we are. and we have so much more potential if we can actually start working together and finding common ground. neil: how would you find common ground with republicans? i mean, the candidates, as long as i remember, and i'm old, have talked about uniting us and democrat, republican, easier said than done. never happened. >> yeah, well, it can be done. again, i was-- >> how would you do it? >> i'll give you tloo he three things. in my first hundred days my administration would focus on

things, every one based on an existing bipartisan bill in the congress. word for word. in other words, things on infrastructure, on immigration, on digital privacy, where democrats and republicans have found common ground, which means we broadly agree with each other on these things, and i would make those my priority in my first 100 days. i think that would change everything. it would send a message to the american people that we have a president that is actually interested in finding common ground and getting real things done. the second thing i would do is call for national service, not mandatory, but an exciting program every person who graduates from high school could serve their country in the military service, be part after infrastructure program or what i'm calling the climate core, young people going around helping communities build sustainable infrastructure. i think that would be unifying and would be an example of what we could do together. so i think things like that. i think the tone from the president really matters.

i don't think a president should act like half of the country's entirely wrong about everything they believe, which is what we hear from our political leaders now. so, that's just fundamentally an entirely different approach to leadership. and that's what my campaign is about. and that's what i believe this country needs right now more than anything, neil. neil: what do you think of the fact that the president did reach out to top democrats on infrastructure and they to him. >> i think it's great. neil: so you would be for that kind of thing? they're talking about what could be a two trillion dollar plan. what do you think of that? >> i think it's great. i mean, it's always amazed me that presidents haven't made infrastructure the first thing they do. we know at that democrats and republicans-- >> it might be because we're broke and don't have money, right? >> mere is an example, neil. i had a one trillion dollar fully paid for bipartisan bill for infrastructure in the congress, 40 democrats, 40 republicans, including the head of the freedom caucus, and now what that is, and the head of the progressive caucus.

so, there's an example of a different type of leadership. fully paid for, trillion dollars, and you get leaders from the most kind of-- from the caucuses that represent the broadest possible spread of ideological spectrums. that's leadership. i mean, neil, you and i in a half hour could come up with a fully paid for infrastructure program that would make a lot of sense. that's the kind of leadership we need. neil: well, one of the ideas bandied about is raise the gas tax on the federal level, that hasn't been touched since the early 1990's. >> right. neil: would you be for that? >> i would be for that and i would also be for making sure that vehicles that don't use gasoline contribute to that as well. and the way we should raise the gas tax, we should kind of make it dynamic, so when fuel prices go up a lot because of the market forces then the gas tax kind of goes down, but when fuel prices go down because of market forces, the gas tax goes up and we could structure something that is effectively an increase in the gas tax, but smooths it out a little bit so that

americans at the pump don't see as much volatility in their fuel prices. that's a way to raise the gas tax, generate a lot of money, make fuel prices more predictable for consumers and build infrastructure that will help our country. >> do you worry just as a democrat running for president we've got this almost perfect sweet spot for the economy. it's booming, isn't letting up. if anything it's gaining strength and democrats better come up with something else to focus on? >> yeah, well, first of all, i'm happy the economy is doing well. i really am. the fact na 200,000 americans get new jobs every month i think is great. so i think that everyone should be rooting for a stronger economy. neil: is that donald trump's doing? do you give him credit? >> of course i give him credit, i also give barack obama credit and-- >> how do you fight that with president trump and challenge that notion it's economic nirvana then? >> well, first of all it's not economic nirvana, as you know, because the federal reserve puts out the data. half of the american people

can't afford a $500 expense. literally half our country, something happens that costs $500 they don't have the money. neil: that's always been the case. so every demographic group has seen, you know, record low unemployment levels. so, what, you can always argue there are those who can't pay their bills. how would you address that, draw a line of distinction, you could be better? is that how you would pitch it? >> this is what i would do. i don't think the problem with the economy is as much jobs, it's more pay. so i would do things like increase the earned income tax credit, which is a bipartisan way of putting money in the pockets of hard working americans. those are the kind of things-- those are the kind of things. neil: we already have that going, congressman, wages running at 3.2% clip and a little more than a year ago, they were running at just under 3%, the year before that, they were running at around the mid 2's. the trend seems to be workers

trends. >> the trends, but we're starting in a big hole. half the country can't afford $500, we've never seen anything like that before. i think it could do better. because of my experience in business. neil: and you talk about your experience in business and you talk about that, a very wealthy man and embraced capitalism. do you worry that many of in your party do not? you talk about yourself being a moderate and all of that, maybe you and joe biden share that. very few others. are you concerned about the direction your party seems to be going? >> yes, i am. i think this notion of socialism in many ways is a wrong answer to every question. just like nationalism in many ways the president embraces is the wrong answer to every question. our motto is simple. we're capitalist country and it's the greatest ever, full stop. but we're a country that embraces strong social programs, a safety net and great societal

infrastructure like good public schools, good health care, et cetera. we haven't done a lot to update education, health care, other things that working americans really need in light of how the world's changed. so, what i'm for is kind of a recommitment to our historical model. which is let the private sector work its magic and make sure we have strong social programs so people like myself, right, whose parents didn't go to college would have opportunities. because what i worry about in our country right now, it's not nearly as much opportunity as there should be. there's a tremendous concentration of opportunity in a relatively small number of places and we need broad-based opportunity and someone who understands the economy, can continue the good economic growth, but can really do things to help working americans so that half of them, you know, so that in the future we don't have these kind of statistics where half the country can't afford $500 and we have more economic upward mobility because that's really what's not happening right now.

neil: a lot of sound ideas, congressman. i wonder if you could update me. there was a rift between you and senator cory booker who called into question your decision to own $11 million to your own campaign. and this weekend we found out one of the other democrats in this race has given over 11 million to his campaign and self-funding is something that cory would never do. it seemed like a cheap shot. did you ever get a chance to talk to him? >> no, i didn't talk to him. listen, i like senator booker, i don't know what that is about. neil: you said you like him, but he's more or less questioning what you do with your own money, whether you give it to your campaign or not. >> yeah, well, i think, look it, there's an example of someone not talking about the issues. right? i think most americans know that i'm investing in my campaign because i love my country and i believe in our future. and i want to work to make it better and i'm taking the money that i earned. you know, i was a blue collar

kid my parents didn't go to college, my dad with as a construction worker. the fact i've had success in this amazing country, i think most people want success for themselves. neil: do you think he's shooting out at you because he's not been very lucky on the money race. >> well, i have no idea why he did it. it's not relevant to me. neil: you've not talked to him since? >> no, i have not talked to him. neil: finally, your sense of the president and this economy. you're facing those headwinds as you said. do you think anything should be done more on the mueller-- some of your opponents are making much of that and saying that hearings should go on maybe for quite a while, even nancy pelosi mentioning the impeachment possibility this week. what do you think of all that? >> i think that the house should continue its oversight responsibilities. i think it would be good for mr. mueller to testify. i think that would be an appropriate closure to what has been a, you know, a very

difficult time for the country over the last couple of years. so i obviously think that mr. mueller should testify. i mean what's the argument against him testifying. neil: if you had your druthers right now, knowing what you know right now, do you think that donald trump should be impeached. >> if your question is do i think that donald trump has done offenses that are impeachable, i think the answer is yes. i think he's in current and constant vie lags -- violation of the emoluments clause and-- >> do you think that he you had sh be impeached? >> let me finish what i said. impeachment is a political process. we don't have a super majority of in country wanting the president removed from office. i don't think he should be impeached until and unless that were to happen. neil: okay. >> but do i think he's committed impeachable offense? yes. but he should not be impeached until an overwhelming majority of the american people want

that. that's why impeachment was created. it's for the congress to remove a president who has committed impeachable offenses and an overwhelming majority of the american people want them out of office. neil: all right. >> i think he's committed offenses that would be considered impeachable, but i don't think an overwhelming majority of the american people want him out of office at this point so the answer is no. neil: i think i understood that. very good seeing you. thank you, very, very much. >> thank you, neil. neil: and some think that democrats might be going too far and more importantly on the attorney general of the united states after this. ♪ hoo

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>> all right. democratic presidential candidate john delaney said something interesting over obsessing on impeachment thing,

and this on the heals of many democrats saying that bill barr should resign and that was a horrible performance in front of the senate committee and interpreting his role on the mueller report. he was not going to talk to the house judiciary committee. so it's gotten really, really nasty. some democrats are worrying this obsession with everything about mueller-related could cost the party and its eventually nominee. former clinton advisor, mark penn. what do you think about that argument? >> and after the mueller report i see democrats like gerald nadler going too far. >> he's calling the president a dictator when he's trying to get tax returns and bank records not just the president, but his family associates. after the mueller report is out, voters saying get over to the issue and you see the rise of biden in the democratic party, finally, give me somebody whose

going to talk about the mainstream issues here and oppose trump on issues and values as opposed to, as opposed to investigations. i think this has been run out. it's done. and i think, i think democrats will go too far and they're making a big his take. neil: do you think they risk that. neil: according to the constitution, obligations to look into this, but when people like nancy pelosi come out and start using the i-word, impeachment, as opposed to that, do you think it's spiraling out of control? >> and 35% say they'd like to impeach president trump. we've been following that in the harvard caps harris poll and that's dipped down. it's still a majority of democrats which is why you see a candidate like john delaney, who he thought gave a great interview and hemmed and hawed at the end about impeachment because he knows that most democrats still would like to see some impeachment. most voters and all of the swing

voters have said, okay, we waited for the mueller report. it came out, it didn't have the kind of bombshells that you promised. all the viewers are on cnn and et cetera, they left. this thing is over and i think the best thing for the country is to treat it as such because what do we want to be known for in our politics? we want elections that end disputes. we want investigations to end not be endless. neil: does that apply to republicans who want their own investigations, let's say on this investigation and how it started. they argue the nation has a right to know that. and polls seem to indicate the virtue of either side, americans are sick of the whole thing? >> 61% still want an independent investigation of what the fbi was doing. i think it would be a mistake to go back and try to reopen everything that happened with the hillary investigation. i think that politics is also done. i think, however, what these guys from the fbi, the cia, the way they've gone on tv and become political partisans in

the face of their own misdeeds, i think that's quite different. that's not about politics, that's about the administration of government. and so, it's one thing to go after hillary and political opponents and back and forth. those folks were supposed it run the government and there are potential abuses of power that do need to be investigated and whether whether or not this dossier was remotely true that started this entire investigation and two years of nearly 30, $40 million investigation into the president, i think we need to get to the bottom of that. neil: as a close confident of the clintons, of hillary clinton and you can remember bill clinton making famous, it's the economy, stupid, and how do democrats counter that? how do they, given the fact that the unemployment rate is back to levels of nearly five decades ago, how do you counter what is inarguably a very, very strong back drop for the president? >> it's a strong economy.

of kor course, it's the economy stupid is in the context of attacking bush's economy. i'm not sure it's as easy to take advantage of a good economy as it is to tear down a president over a bad economy. i think you saw joe biden kind of tiptoe around the economy, more or less and hit on values. neil: right. >> so if this is an election about the economy, that's obviously right now and things could change, going to favor president trump. if it's an election about values, then that right now is favoring the democrats and i think that's the way biden smartly played it. neil: we shall see. mark, always a pleasure. >> thank you. neil: of course you remember the miracle on the hudson. now hear about the miracle on the st. john's river. we connect, you decide.

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>> all right. i want to show you some new video coming in. everyone on that plane survived, not a one injured after the plane skidded off the runway into the st. john's river in jacksonville, florida. phil keating is there. what's the latest? >> hey, neil, the very rough and scary landing happened around 9:45 p.m. eastern time last night in the dark, in the pouring rain, with lightning and thunder in the area around the jacksonville naval air station. all 143 people on board that plane, that seven crew and 136 passengers, they all survived.

there were some minor injuries, but that was when the plane attempted to land, but ended up skidding about 100 feet off the end of the runway and into the st. john's river. almost immediately, the jacksonville sheriff's office and fire and rescue immediately responded and marine units activated to help with boats for the rescue. according to passenger once the plane came to a stop in the shallow part of the river, everyone got on the wings and waited for rescue boats. and it flies twice weekly between guantanamo naval air station in cuba, to norfolk, virginia, with a stop in jacksonville. the passengers were a mix of military, and civilians, for r and r or just to go home. here is the public spokesman late last night. >> there were 136 passengers on board and seven air crew and as i said, all 143 were quickly accounted for and brought to

shore. there were no fatalities. the-- there were minor injuries to some personnel. the last count was 21 personnel, minor injuries. >> well, the plane remains in the water resting on the mud. it is near the shoreline so it's rather shallow there and the 737 is a relatively large aircraft. the safety team flew in this morning from washington and they're now going to be checking all of the records for maintenance, crew records, as well as, of course, what the weather was at the time. the runway itself, runway ten, is 9,000 feet long. that is more than enough room for a 737 to land, but from first appearances, it really looks like this was a really bad weather and hard to get traction on that runway, neil. neil: to your point though, glad everybody is all right.

phil keating in jacksonville, florida. and going into another summer, like another summer, 2019 turning into 1973, not talking about the fashion, but something else we might not want to see again after this. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪

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this new organic collection of soil and plant food is what you always wanted. no compromise, just results, guaranteed. miracle-gro performance organics. >> is it me or does it look like the '70s show all over again. back in 1973, president nixon's white house was under investigation, oil and gas prices were soaring. fast forward to 2019, same thing could be happening again. a historian connects then and now. what do you think of the parallels? you and i have gotten into before. very different presidents and very different times i grant you. a lot of eerie similarities. >> well, there are, neil. there are a couple of key differences, too, because president trump has done many things to free up the economy and promote economic growth and we are in the midst of relative

prosperity. in 1973 and 1974, it was quite the opposite because president nixon had instituted wage and price controls. he had ceased to tie the united states dollar to gold so that we had the price of gold going from $35 an ounce to almost 800 an ounce by the end of the decade. and then we had huge inflation because we inflated the monetary-- the fed inflated the monetary supply by about 7% or more each year. so, that ultimately had a terrible economy in 1973 and '74 and very high oil prices. neil: quite the opposite now to your point. it's interesting, i have to do my homework when i know you're going to be on. i was interested to see what the sentiment was ahead of the watergate hearings, not only in the house and sam urban in the senate.

expectations were pretty low they would amount to anything or go on very, very long. ditto even today when we talk about any inqueries into the findings of the mueller report. back then we didn't have such a thing, a final report to base anything on. it was sort of a fly by the seat of your pants there. do you notice anything similar there, people are sluffing off the impact of hearings that may go on longer than we thought even if they yield nothing? >> yeah, interesting the expectations were very high on the mueller report, and at least for the democrats, very disappointing. as you stated, neil, the expectations were not so high with the watergate hearings, but they began to gather steam when we found out about president nixon having white house tapes. neil: right. >> and when he refused to turn over the tapes and insisted on executive privilege, that became a crisis and then he was ordered to turn over the tapes. and they, in fact, revealed that

he had obstructed justice. so that president nixon ended up having to resign rather than be impeached. the democrats go gain momentum along the line. remember gerald ford became vice-president in 1974. neil: that's right. >> after vice-president agnew resigned and ford's seat was captured by a democrat. that area of grand rapids, at hillsdale college in michigan, grand rapids is to the west and grand rapids is a solid republican area. they haven't had a democrat in that seat other than the one that replaced gerald ford, for 100 years. so that was a dramatic change right there and the democrats could see the momentum because of a bad economy and because of president nixon's lying about the-- his involvement in the watergate dispute. they could see the momentum going in their favor and indeed, they won that contest. neil: little interesting going back in history, burt. thank you very, very much. >> thank you, neil.

neil: all right. burt, a very good historian on all things that combine politics with the economy. speaking of which, who is the richest person on the planet? by now of course that's jeff bezos, even with the marital settlement and all of that. if you're talking about who has gotten to be the richest money on the planet simply through investing and investing alone, that by a country mile is a fellow named warren buffett. liz claman catching up to him in omaha. that's an event to put it mildly. joining us now, liz. >> oh, boy, neil an event is understating it. talking about the largest shareholder meeting on planet earth. this is warren buffett's big wooha, he'd love the country mile reference. he brings the businesses that is under the berkshire umbrella.

dairy queen, 7,000 blizzards, and you know, 10,000 tons of, actually, yeah, ten tons. i don't want to overstate it, ten tons of see's chocolates. it's still going on. the meeting will go on all day, but i came running down to be with you. here is the news, in a year where capital has been under attack, warren buffett was asked as a fiduciary of berkshire hathaway and what about his political leanings, quote, i am a card carrying capitalist. that i know will be a big headline. if he catches any of his managers of his 90 or so businesses, fund raising for any political candidate, he says that's not okay and he would put an end to it. we have an intersection of politics and business and let me tell you, people come here from all over. i think we have tape, early overnight people started lining up and it will be, he told me, a record-breaking crowd more than

42,000 people coming here, middle of the night. lining up, snaking around what used to be the century link and now they want to grab a good seat in the arena and there's a lot of security here. i can tell you i did see some security guards who had machine guns. they're all over the place, and i can also tell you that it becomes quite a scene where people from all over the world are in here. couple bits of news. berkshire hathaway has bought back 1.7 billion shares. what does that mean? is that means he has nowhere else to put the 112 billion in cash he has because he thinks that things are too overvalued, neil. that's an important point. and he also told me that 18 months ago he and berkshire looked at investing in uber before it goes public, but ultimately passed on that, ultimately passed on investing in uber. bitcoin, you know in the past he's called it rat poison and

rat poison squared. this time around i asked him about bitcoin and he said specifically, it is a gambling twice. he even compared it to a button on his jacket, but like all of us out there, he watches interest rates very, very closely and at a time when president donald trump has been very vocal about the fact that he doesn't like how fed chief jay powell has been raising rates, now of course they're in a pause mode. what does he think about the great rate debate? >> donald trump just recently urged the fed last week to cut rates by around 1% saying the economy would go off like a rocketship. >> the presidents had always wanted particularly with the election year coming up and that's not unusual. >> warren buffett telling me, quote, jay powell is the best person for the job of the federal reserve. neil, we're going to go back upstairs and continue to listen to this, lots of breaking news out of the berkshire hathaway and shareholder meeting.

we caught up with charlie munger, and 95 years old yesterday. he and warren were sitting in a golf cart and drinking coca-cola. these guys and their energy level is unbelievable. they'll go another five hours or so through the weekend. i'll send it back to you. it's incredible. i'll save you a dilly bar if it holds. neil: outstanding. you go, girl. lizzie clayman gets access to everyone. and two very big cheeses. and in the meantime, where is the beef? the meatless craze sweeping across america. we are going to put it to the test. we taste, you decide. , i appre the invite here. as my broker, what am i paying you to manage my money? it's racquetball time. (thumps) ugh! carl, does your firm offer a satisfaction guarantee? like schwab does. guarantee? (splash)

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>> all right. have you ever tried these like

meatless burgers? they're the rage right now. the meatless trend taking wall street, debuted on wall street up 163% on the very first day of trading and continued soaring after that. this after trial tests showed that great results. burger king says it will serve what it calls an impossible whopper nationwide, nationwide by the end of the year because testing in an arizona market was off the charts. so we're giving it a taste test to see if it's worth all of this fuss. here with me jonas max ferris and kat, the argument is that this tastes like the real-- is this the real one or the fake one? >> these are all non-- they're all. >> making me kind of freaks me out. it kind of freaks me out. and feel like eating something that was actually alive at one point should freak me out. but making peas taste like a cow. >> it's a tasty burger. >> now, does it taste like beef

to you? i would have been so happy to eat myself, but they didn't provide one for me. >> here. >> this is the beyond one. >> this is the beyond. >> it does taste like-- impossible, neil, do you want one? >> you just ate it. >> let me ask you, does it taste like the real mccoy? >> it does. >> no, it doesn't. >> yes, it does. >> it's way too salty and feels a little coagulated in your mouth. >> it's good. i had a beyond burger last night, too, so i enjoy it. neil: does it have the same calorie count as a regular burger? >> it's not as healthy as a regular burger. >> seriously, look, it delivers-- first of all, these cost twice as much as the best ground beef and still lose a lot of money. neil: your health comes before-- >> it delivers on you're not eating a cow, that's a win. neil: okay. >> they need it to be only 5% of the country i believe is

vegetarians and they need to rationalize the 30 times ipo sales price. this is made with a lot of salt, and coconut oil and not healthier than burger meat. neil: there are no chemicals. >> like the ingredients, there's 15 ingredients. neil: 15 ingredients, you're not a health advocate like i am. now, you could argue that those 15 ingredients, whatever, they're all natural ingredients. >> well, coconut oil is a natural ingredient that the world believes that cbd oil cures ills, it's not a good thing to eat. >> too much fast saturation is too much. neil: i do wonder how-- i don't know how close a shot we can get, guys, maybe jonas, do you mind holding it up. if you look at it, it looks so much-- >> i don't know i would have never been able to tell the difference. i normally shove things in my face and don't pay much attention how they taste.

>> don't have an ounce of fat on you. and apparently the test results were so good at some of the places, they were trying in arizona, they skipped going to another test site just go national. i wonder no pun intended if it would cannibalize the other products. >> it's the mayonnaise, you can't taste the patty, there's mayonnaise, onions, ketchup, lettuce. >> 63% of millennials fl flextarians, not vegan, not-- >> isn't that just being a normal eater? >> is the response it's getting on wall street justified? this is not just a craze, it's a response unlike anything we've seen. >> an ipo priced like this is not a fad, that people will continue eating this and 10% of the country will switch to this kind of a burger. that's yet to be seen.

there could be a fun thing, it feels healthy, but again, it's-- >> you have to get past the perception that it doesn't have much taste. >> they've done an incredible job-- they've been making these kind of burgers for 30 years in hippy stores and this is the closest they're going to get and the competition is well-funded impossible burgers. without the burger accoutrements, the cheese, the bun, all not healthy. if you had this as a steak, it wouldn't taste as good as a steak and that's the weakness. >> impossible burger is doing this new philly cheese steak in philadelphia that tastes amazing and it's being provided at, i can't remember the stadium there, but i know one of the investors of impossible and they were telling me all about this. neil: suggests the opening salvo if you would with the peppers and cheese-- >> a philly cheese steak without the meat tastes good. it's the bread, the cheese the fries. neil: this is from the guy who gets annoyed when alfalfa prices

start soaring. thank you very he -- very much. they didn't give me any. we' we'll have more coast to coast. have a great weekend. ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?

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>> north korea back at it, firing several short range projectiles over the east coast overnight. hard to imagine the timing on this is coincidence. the call with vladimir putin among other developments. welcome to headquarters. i'm leland vittert. >> i'm molly line. great to be back. and this marks pyongyang's second missile test this week and one week after kim jong-un met with vladimir putin in russia. for more we turn to gillian turner. >> hi, molly. north korea fired several