tv Cavuto Live FOX News February 29, 2020 7:00am-9:00am PST
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>> the animals, i love this. thank you so much. brian: you are doing so well, we will have to have you back. neil: the coronavirus spreading, politicians are out. the worst financial meltdown. telling everyone to grow up. russell is coming up. the federal reserve says it ready to do whatever necessary to prevent this from getting worse. what does that mean? bill is here and only here. the top doctor that we can all use a little perspective right about now. coming up. and a primary, the top
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democratic and now south carolina, the joe biden numbers heading north. a busy one. it starts now. ♪ you're looking live at the white house where emergency meeting on the coronavirus, this with the nation start edge. what happens now? welcome, everybody. more on the follow-up from all of this and just a bit. first, the white house. what the administration plans to do about it. >> good morning. a lot about coronavirus, three new cases officials are confirming, one in california, one oregon and one in washington. what makes it significant, and of these three people traveled out of the united states to the regions of infected, specifically china. now, behind me, there's a meeting being led by mike pence
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inside the white house situation room. doctor anthony this morning with this, he's going to be there as well. mike pence is the point person for the coronavirus task force. president trump announced plans would lead part of his administration and efforts to combat this. last night, the president rallied and tells south carolina and he blatantly accused democrats of stirring up trouble, making the coronavirus into a bigger deal than it is. listen. >> now the democrats are politicizing the coronavirus. [laughter] they are politicizing it. this is a new hoax. neil: some are saying pleasant president trump is saying that. we've got to stay away from politics. this morning on the campaign
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trail, former vice president joe biden was asked about the president's comments last night. listen. >> some of the stuff he says is so bizarre that he laughs at it. when you say things like that, just so diminishes the faith people have in the united states. even for him it's heartfelt. it's bizarre. >> biden's successor by president mike pence is also calling for political stability. listen. >> it's important to remember we are all in this together. this is not the time for partisanship. the american people expect us to work together and i promise you, this president, this administration will work with leaders in both parties in this
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president will always put the health and safety of america first. >> pens again leading the meeting behind me in the white house situation room. we expect to find out more about that later, potentially are we are from officials. meanwhile, president trump will head there later today. he speaking to the crowd 3:00 p.m. we'll see if he has any comments about coronavirus. neil: thank you. on wall street, hit very hard by the fears around the virus. covering the worst week since the financial meltdown. i guessed -- it's downright ugly. >> $3 trillion wiped off over the week. the correction territory which means they are down over 10% from the recent highs. the spread of the coronavirus around the world and global message rushing into safety.
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cold, all the way up as well. when you saw on friday that the selling may have found a floor, the dow at the low, lost over 1000 points friday but then, a rallied over 600 points into the close in the final half hour of the trade. heading to the weekend, when the spear, you see the losses accelerate with investors. they are encouraging and apple, america's biggest company because it's so big, it takes the rest of the markets gone along with it. it's down 20% but in my exclusive interview with apple ceo tim cook, he said things are actually getting better in china. >> it feels, to me, that china is getting the coronavirus under control. look at the numbers, they are coming down day by day by day.
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i'm very optimistic there. we have reopened factories, the factories were able to work through conditions to reopen, they are reopening, i think this is sort of the third phase of getting back to normal. >> airlines and hotels getting crushed. now amazon is going to limit domestic travel. history has shown suffering classes effort and epidemic, things recover. s&p gained 14% after size. the six months after the initial hit. neil: thank you very much. in the meantime, we need to stop and start working together. katrina is joining us now. good to have you back with us. >> thank you. neil: one of the comments you made, it's a good crisis reminder, everyone should get on the same page.
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that was kind of the key points. >> absolutely. we need all of government working together, we need to improve our messaging after vice president meeting. we will come out the american public, what they are doing and how they are doing it. give advice from the medical people and public health. we should be local, state and plans in your home, suggestions of what websites to go to, cdc and who so you can take measures at home and in your own life to protect yourself. neil: i read a tweet this morning, he talk about getting treatment protocols, logistics right and off i, i certainly got that but you've got to know what you are dealing with. the cases involving poor americans who have the virus, we
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don't know how they got it. how do you deal with that? >> we don't know what we don't know. that's the dilemma of the disaster. this is our real pandemic. this is not our first rodeo. one hundred years ago, i'll bring up this topic, to bring influenza. many of the things revealing right now, 100 years ago in the middle of a war. on wall street and divided government has to deal with that and the war at the same time. they need to straighten up and get this sorted out, there's a lot of things we don't know but the thing we do know, we need to deal with like straighten up our test kits, make sure we have the logistics set and make sure we communicate with the people and industry needs to look at itself or where we produce the supplies
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we need in terms of medicine and health responses so we can have their own hands inside and delivery was a great concept. marveled by wall street. a week supply of stocks are in hand, medicines, it's stupid. we need that fixed. neil: we get so many of them, or the things that we need to make the vaccine from china. seventy to 80% coming from china. manufacturers still disproportionately reliant on china. that's a big weakness. >> i think we need to go back and look at our national security because responding at the end of the day, the purpose of national security for the people and we need to have a major discussion inside the government. on where we are getting certain
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critical supplies to run our technology. and build our own military airplanes because much of it is settled on one supply change and much of it is coming out of china. the work is there, nothing against the company but we know the supply chains are being disruptive. to put everything so much of it, our focus in one area because it's cheaper, that is absolutely stupid. we need that fixed from a national the carry perspective. it's not just about profit, we've got to be able to run this country because people depend on us to help around the world. neil: we talk about being involved in a crisis, or we do know is the politicians pointing fingers at each other in the middle of an election here. i do remember you were dealing with that in the case of katrina
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and the mayor on one side criticizing president and the other side, criticizing emergency relief stuck between those by the government. it was mess. how did you, actually force people to get on the same page? >> we had to focus on the missioeverything else was secon. save lives, evacuate people, provide food and water and help them move on to a place where they were safe. i remember a meeting and when i saw the best of government work. we had a major come down and some people may take issue but get over it. the speaker was there, representative pelosi, she was setting out with a bipartisan group on the uss and you know what they were talking about? we just came to louisiana and
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the company is corrupt, they will mess it all up. that conversation went on for a few minutes and that little lady turned around and said look, we will get this damn money and we will help the city and we will help these people. now let's get to washington and get it done. i know people might take issue to that but i had confidence that government would work together and you can see that up and running as well as the coast of mississippi because the government work together to get that done. neil: that was because of you. i covered that very closely. you made that happen. i want to thank you for that and i also want to thank you for wall street to put their big boy pants on and get to work. good seeing you again, sir. thank you very much. >> let's not get stuck on stupid, neil. neil: absolutely right. no matter who he takes down, bipartisan right there justify
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neil: they were wining and dining, not literally but they all wanted your back. you ultimately decided joe biden might make a difference in the state, we don't know but why biden? a lot of people think he's falling here. you obviously disagree. >> yes, i do. i studied history all of my life, i used to teach it. history should be our instructor especially when you talk about the political process. you've got is staying down here in south carolina, the best way to tell what a person will do is look at what he or she has done. when you look at joe biden's record, look at him all the way from the time he got elected to the senate at the age of 29, you see a record it's very progressive but pragmatic.
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i get a little upset of all these people talking about being progressive. and you ask him, let me see your field of work and show me some results that you've had. joe biden has said time and time again, he knows how to get things done. you know, he's been coming in-and-out of south carolina forever. when he walks into a restaurant in tulsa and sees you sitting there not politicking or asking for a vote, just carrying on their lives and that to me, says something. neil: he is doing that in an election year? >> absolutely. he's been doing that for 25 -- 30 years. that's my.
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neil: in south carolina, i guess he would send it up potentially for other strong african-american super tuesday state alabama, arkansas, virginia, does the he might have a limited one. he could be very wrong. do you worry that it still bernie sanders and a lot of your colleagues are saying he has the momentum and could be better poised on super tuesday. >> well, it could very well be. no question about that. bernie is a leader at this time in the process. i'm for joe, i'm not for trying to stop it, i'm for trying to create a surge here for joe, to launch him into the super tuesday space. when i made my endorsement, i
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know joe, we know joe but most importantly, joe knows us. i think that's the appropriate message to be. i'm a little concerned about bernie, i'm concerned about those people who are in operation chaos. those tea party us, they are voting in the democratic primary to try to stop joe biden. trying to nominate someone they think will be easy in november. >> let's say the former vice president deals with that and what's happening, what you support, if it came down to the
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nominee being bernie sanders, supporting bernie sanders? >> absolutely. the current occupancy in the white house . neil: even some of your colleagues, nominating it would be a government for the democratic party. >> i'm not saying that. what i am saying is that if he is our nominee, i will work as hard as i can to make sure he's not in charge of the nominee. back in 1972, i remember the assignment around his nominati nomination, one state and lucent all others. i don't want to see that happen here and i'm going to make sure it does not happen. neil: you just gave away your age. i remember, to but we don't want to give away our age.
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they cast their ballots. joe biden is confident he will win south carolina primary. the state not only his firewall but he conserves for his campaign. they are hoping for decisive several digit victory that will give him enough momentum trailing to win in the 14 states voting on super tuesday. north of 60% of primary voters in south carolina today are black and convincing, african-americans in the candidate backing call voters a key democratic constituency. billionaire thomas stiers has also been targeting black voters in south carolina, last night he danced on stage with a college rally. he spent everyone combined and many black voters that it's a tough choice between him and biden. >> i'm going to vote for stiers.
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he didn't have a political background. >> you're telling your voting for joe biden? >> i still know. by the time i get in the door, i will have a lockdown. tom looks good. biden looks good. >> president trump, who accused by the candidates by interfering in the democratic primary hosted his own rally in south carolina yesterday where he highlighted the economy. >> the unemployment rate in south carolina has fallen to 2.3%. [cheering] the lowest rate in all of america. reporter: for the first time in a statewide election, south carolina, touch screen voting machines and a paper ballot and officials in the state believe that's good because in case
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issues, a paper ballot will be something they can get the results with. neil: you just interviewed the one voter, i might vote, i don't know. thank you. "wall street journal" mariana, democratic congressman as well. along with our own susan. what's at stake here? the former vice president be getting his endorsement, that's a very big thing. if he can write himself and south carolina, what difference would it make coming into super tuesday? >> he needs a big win for all the reasons they should. most of him, he doesn't have much money in his campaign. he just made his first ad by so he's counting on a big victory tonight. a lot of coverage tonight to make up for basically in the
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absence on the radio wave across this important day. people have to remember, super tuesday is just 72 hours from today. voters to go into tennessee and north carolina and texas and california and demonstrate he remains and can win this race. i'm concerned about bernie sanders, in fact, i feel bad for barry sanders. [laughter] he was criticized for politicizing when they are just trying to say barry sanders. it might be concerning some people. what will help him and hopefully help the party answering the questions on the show a week ago, which is what direction to they want to go? the sanders park? if you do, you risk losing not only the presidential race but a
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more -- >> i agree. that's what the democrats need, so we can seek to clear choices between bernie sanders and whoever is moderate. right now, because biden has been fumbling so much, the field remains very fragmented. i think it's bad for the party. the sooner they get it down to a very clear choice where voters and say like we are saying, either i wanted go to the very aggressive progressive route or with moderate, that can't happen until you get rid of some of the other, some of the moderate line. >> the market has been concerned about bernie sanders nomination and you heard larry kudlow saying the stock market declined because of the fears of socialism. it's a bit of a leap because the coronavirus is a major factor but there are concerns on the new york stock exchange,
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whenever you see sanders or warren, those are the concerns. breaking up that. neil: i can see the coronavirus situation bringing down the presidents market, potentially what makes the prospect of the sanders emerging more about worry. >> exactly. two factors at play. when you talk to the experts like tim cook, look at the long term, nothing has changed in the last four weeks. a lot of people are befuddled about the stock market, he's to have the federal reserve one 100% by march. if the stock market goes even, or if it gets worse from here. by june of this year, even a 50 basis points cap. if it gets worse for the year. >> i agree with susan, i think there's up bernie fires up there. he used to be considered a
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himself in. he was on that diamond cruiseship with his wife when his dream vacation turned into a nightmare. now he's back in the u.s. but why he has the illness and stuck in japan. his kind enough to join us right now. good to have you. >> thank you. neil: how are you doing? >> i feel fine. i have no symptoms at all. actually, never really have. i tested positive, so here i am. neil: how long has the testing process been going on to make sure you don't have it? >> they test every day and i need to have two consecutive negative tests and then i can be discharged. neil: your wife half a world away, how is she doing? >> she's doing really well. i just got word she got her second negative tests so she'll be leaving soon. neil: that's outstanding. there's been a big concern on how we handle cases like yours and your wife.
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we don't know where to put you. that's essentially at. far figure numbers now. >> well, i'm not one to advise the experts on this but i personally believe it's not the thing everyone thinks it is. i'm not symptomatic, i wife tested positive positive without symptoms so i think maybe step back a little bit. neil: i guess but takes a lot of people out, the fact that he's in the country that for three days running now, the number of cases in china is actually running below the numbers and that's getting to a lot of people, they seemingly have the
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virus and they don't know how they got it. they've never visited china or any of the infected regions. a lot of medical people are scratching their heads. you get a sense that even the medical experts dealing with you or your wife, that there are a lot of unknowns here? >> certainly there are a lot of unknowns. there are always. i just look back at things like the bird flu is eager and all of those things, they weren't the disasters everyone thought they would be. i'm just buying my time. neil: i'm glad to hear that but i'm curious as well, in dealing with this and how you first encountered the ship, do you mind reliving that and sharing with us how it was first raised
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to passengers on the ship and the immediate after that? >> sure. everything was fine on a cruise until the last night and we were backed up in the hallway, they announced that dinner that there was a positive test and we had gotten off the ship in hong kong but they made sure everyone was clear by screening everyone. of course at that screening, ten more people tested positive so in the 14 days quarantine and then we were confined to our room. so that was exciting. after a weekend of that, my wi wife, they tested us both. she was the one who tested positive, not me. they took her to the hospital
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and i was with the big group they evacuated so i just went to quarantine in california and three or four days later they got results with a positive. neil: we wish you the best of luck to you and your wife. hang in there. you look great so day by day. i'm sure everyone tells you the same thing. >> thank you. neil: you've got family emergency medicine doctors, first, everyone stay calm. everyone else, wash your hands. be very, very careful. doctor, has much of that changed? >> no. good morning. just like this gentleman has
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just shown all of us, most people will have maybe no symptoms or just minor symptoms, cough, chill, runny nose, sniffles. most people will recover but because he is a transplant patient, we have to take extra precaution. the bottom line, it has not changed. the most important thing we can do to prevent the spread of this infection is wash your hands. did you know 30% of people don't wash their hands? that's the number one way to prevent the spread of infection. that's so important. also, we talked about this before, not to touch her face or rub your eyes or your nose. very important. stay hydrated, get plenty of sleep. no smoking and stay up-to-date with your vaccines because especially if you're traveling, get your flu shot and travel vaccines depending on where you are going. all of this together can help protect you and your neighbors. neil: i'm glad you keep reminding us to wash our hands, someone compton your face.
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>> that's why we educate patients, when you cough and sneeze, endurable so it doesn't spread to other people. you shouldn't be coughing and sneaking sneezing on people, if you're sick, don't fly. most airlines are giving waivers to waive fees for changes in that sort of thing but you should be flying. another thing to help protect yourself, use hand disinfectant on the airplane and use little wipes to wipe down your area but turn your face the other way. leave the area if there's somebody else sick that. if you're coughing and sneezing and not feeling well, please don't fly. neil: let me ask about the four cases in california, washington state and oregon, all contracted the virus without ever visiting china are encountering anyone who has been in china so we are told.
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the fear is, they don't know how many more have gotten through the same means. that's what's weird i guess. >> yes, we don't know exactly how they acquired this virus so that could mean it spreading throughout the community but that doesn't mean we stop just because it spreading, that doesn't mean we stop with our proactive measures. we are still monitoring patients and still having a 14 day quarantine. we are still screening people at the airport. we are providing funding for emergency preparedness programs throughout the country to test and monitor patients. we still have cdc guidelines and protocols in place to pick up early patients. we talked about this early, the key is to try to identify suspected patient early on so we can isolate them, provide treatment and confirm if they have it or not and trace down
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for small prices, you can build big dreams, spend less, get way more. shop everything home at wayfair.com this is probably a lead story on broadcast, the taliban signing a peace deal this morning after nearly two decades in afghanistan. it's a start. where ends, anyone guesses. here's the latest. >> that's right, we could be looking at the beginning, i stressed the beginning of the end of america's longest war. i launched today and assigned an agreement, the united states and palatine, the recoil of u.s. troops down to about 8600 in the next several months. paula a good deal of the remainder following that.
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pompeo was residing, this is all based on the taliban partner following through on its conditions. one of the biggest in the taliban with several all ties with other terror groups and not allow afghanistan for another tear gag against the united states. we asked secretary different as. about the risks of this timeli timeline. take a listen to our back and forth. >> is a timeline in the agreement that is aspirational and we would work toward that but that depends on everybody, especially taliban living up to its commitment. >> are you worried they will just play nice for 14 months and then you leave and they start up? >> we will be working closely with our afghan partners to make sure we understand full and well whether they are conducting themselves in a good-faith manner. >> again, at the same time, we
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watch the secretary as part and other officials in the achievement. a deep gratitude the afghan people felt with the sacrifice made by the united states in the last 18 years, including 34 other service members. also, the trump administration restarting talks with the taliban this latest round but now, the hard part begins. talks begin in about ten days because the afghan government with the aim of sharing power in the future government. president connie told us he is already assembling but he told us it was pretty clear about the future. despite the risks and challeng challenges, secretary pompeo summed it up when he said this is the best opportunity for a generation, we've been tracking this war for 18 years and we can
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spewing president blaming the markets in the past week on the coronavirus. the 2020 democratic presidents right now, joining me now is a former republican south carolina senator. good having deal. you speak today, the president is saying when it comes to these markets, a lot of it is concern about the democratic candidates. what you think? >> i think that's probably already been factored in, at least from the folks i've talked to who work in markets in new york. there's a lot of enthusiasm right now in south carolina for trump. i think that seems to have put a damper on enthusiasm for the democrat candidates. in my part of the state, we don't see any signs on the road for the candidates, it doesn't seem to be a lot of enthusiasm but we have seen a growth in the number of absentee ballots with suggests a lot of folks working
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to get out the vote. this is a horse race but i think bernie sanders is closing that gap. right now, is still looks like biden will win. neil: we are told by republicans, vote in the democratic primary to vote for sanders because not only that, that's what many republicans feel is the easiest. do you agree? >> i don't know how big the effort is on the republican si side, there are folks talking about getting people out but i haven't heard that much about it. i don't know that bernie would be the easiest to beat, he's kind of like trump was in 16, i think everyone is saying he can't win, the party doesn't want him to win but he's a very different shake it up type of candidate so who knows? anytime you underestimate them,
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they are likely to be you. i don't think trump will do that. neil: i just don't know where the president cap is concern, a coronavirus concern about a result of a worldwide supply chain disruption, companies frozen in their tracks but is the concern the president, this recovery this button for the president. >> there's always been a concern that the economy is growing, jobs are growing, that last november, even without the virus but i think you're right, even if the virus itself does not become a problem in the united states, our supply chain is all over the world, particularly in china. we are already seeing the dow turning the markets which will eventually affect the overall economy so certainly, it's a concern because the president big talking.right now, a great economy.
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>> all right. at the white house right now the task force is meeting. that's the one under the vice-president's leadership, is meeting at the white house on sort of the daily monitoring of this, the coronavirus and all federal efforts coordinating them at the white house. we are also learning that the f.d.a. is now going to allow sop labs to use coronavirus tests prior to review. that's a significant development, and in other words, if they feel they've developed something and achieved a more rapid testing capacity or promising results, they'll speed it up and they'll do it. it's all about getting something out there that will be helpful
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sooner rather than later. travel, meanwhile, a very, very big concern as the coronavirus fears spreading. that had airline stocks tumbling all week long. officials are considering screening more passengers arriving from overseas. alex hogan has more on that. >> neil, president trump says there could be more restrictions in the future. jfk is one of the airports allowing flights from china. all of these airports under increased pressure for more security as the globe tries to contain this virus. the world health organization rising the risk level yesterday from high to very high. and the centers for disease control creating a three-tiered list of travel precautions. they're warning level three for china, south korea, iran and italy. urging nonessential travel to
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that country, and enhanced from travel to and from japan. level one, the c.d.c. urges practicing usual precautions for travel to hong kong. the research patterns partners were seeing a 9% drop in ticket sales. countri countries, switzerland banning the gathering of more than a thousand people. and and in asia, a shut down of schools. >> it is a little scary, i mean, i just came back from korea, so it's not as bad as people think, i mean, it's pretty bad, but it's not as bad. you can protect yourself, just wash your hands. wearing masks is a big thing out there. >> so, again, those masks that we're seeing, the surgical masks, we're told they're not effective. you would need an n-95 respirator, but at this point in the u.s. people do not need to
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be wearing those, instead taking simple health precautions to stay healthy. neil: thank you very much. health officials are investigating unexplained new cases in at least three states along the west coast. christina coleman is in los angeles with more. hey, christina. >> hey, neil, well health officials here in california, oregon and washington state are concerned about the possible community spread of the virus and remember, the c.d.c. warned that here in the u.s. clusters of the infection are likely in communities. there are four new presumptive positive cases since yesterday, three of them unexplained. health officials believe one in washington may be travel related, but the first stance of a community spread, a high school student. and air oregon may have its first community spread, and an older woman with chronic health conditions. globally 85,000 have been diagnosed with the illness and
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2500 deaths most in china. and major indexes posted another round of declines and uncertainty over the coronavirus as it's unclear the long-term impact it could have on companies worldwide. they're designing an emergency spending package to help fight the outbreak. a source tells fox the figure could be in 7.5 to 8 billion dollar range. department of health and human services is looking for a lower figure, but both sides agree the funding is necessary. >> number one priority for us at the c.d.c. is getting more of the testing kits out there. we're getting them out to california, getting them out to the country. we approved a new streamlined test to allow 40 labs to do that testing and guidance from the f.d.a. that allows private labs to develop a test. >> according to the latest number, united states has 62 cases of covid-19 and presumed
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positive cases including 46 people evacuated from china and the diamond princess cruise ship. and the quarantine at travis air force base in california are set to be released on monday. neil: thank you very, very much. in the meantime some politicians and communities on both side of the aisle are trying to block the current patients from coming to their area. >> i think it's reasonable to be fatherful and we want to be able to make sure that we have a plan. >> i think we have to listen to the experts and find out when you're dealing with a potential epidemic like this that scares everybody in the world, i suppose, that how do we contain this. neil: state senator from california has just those concerns. always good to have you. apparently, i'm told the federal government could force the issue. you might not want them in your
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neighborhood or your district or your state, but it is what it is and the federal government says you have to have them, what do you think? >> well, i think that when you spook people it makes everyone react negatively. we were told we're going to receive passengers, at least 16 from travis air force base so the first question is, why were they not just left in japan on the princess cruise ship? why were they brought to salano county to the travis air force base and now brought into a major population center. california has 30 million people and orange county 3 million the second most densely populated county in california behind the city and county of san francisco, we're a dozen miles from disneyland. why would you put individuals that are testing positive in that kind of area into a facility that's actually very old and winding down. neil: you know, you raise a good
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point, senator, because now the four cases spread across your state, oregon, washington state without any known normal type of access to what would give you the disease is raising questions as to, first of all, how they got it, but, b, whether it's safe for anyone to be around them once they do and did. >> right, and i think we have a plan. i think both the c.d.c. and the state of california are working on a plan. i think it was the late implementation of that plan and the lack of communication of what we were going to do. the state was very silent, it was like radio silence when we were saying, what are you doing? why are you doing it? how does it fit into the strategy? and it was just poor execution and when that happens, people panic. neil: are they panicking by you? >> you know, the phone calls i'm
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getting, neil, like grandmothers are calling and saying, you know, if they house those individuals in our neighborhood, my grandkids won't want to come to visit and it just goes to all different kinds of reasons. people are really concerned. neil: you know, i notice in the states where this has become a big issue, like yours. it's a little more pronounced. it's one thing if you have abberant cases, but it seems pronounced in california. do you have faith in local, even up to federal leaders calling the shots? >> i think i have faith, i think they were caught flat-footed. something should have been done, one week, two weeks, three weeks ago to find of start preempting some kind of caution, here is what's going on, here is what to expect and here we're going to react to it and the facilities. and when they tell me the only facilities out of 37,000 to choose from was fairview developmental center and now they're going to check the list,
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you kind of wonder, why is this coming on like a surprise. neil: all right, senator, we'll watch it closely. thank you for taking the time. >> thank you, neil. neil: all right. whether you believe it's a crisis or not many presidents and leaders in general in corporate america how to handle such emergencies, a look back at history might help this president handle this one. we made usaa insurance for members like kate. a former army medic, made of the flexibility to handle whatever monday has in store and tackle four things at once. so when her car got hit, she didn't worry. she simply filed a claim on her usaa app and said... i got this. usaa insurance is made the way kate needs it - easy. she can even pick her payment plan so it's easy on her budget and her life. usaa. what you're made of, we're made for. usaa
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think you agree with great discretion and poise that entire period. i'm not saying that this crisis with this particular virus will amount to anything like that even though the falloff on the market has been pronounced. how important is it presidents get this right? >> it's very, very important. i mean, back then, i can remember i was driving up to l.a. from san diego and within the two hour period i think 500 points off on the dow, which was the 23% you're talking about there. president reagan was just absolutely cool, calm and collected, which is exactly what you want. i still don't know why that market crashed in 1987. it was right after alan greenspan was named. and as juxtaposed to w or obama or these others, whenever politicians make decisions,
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neil, when they're either panicked or drunk, the consequences are rarely attractive and reagan was masterful at that. i didn't think they would put the limitations when the market falls such and such, but that was a minor, minor policy change. other ones that were done in 2008 as you and i talked about time and time again was the panic that caused the real problem. if there was no panic now, this would go away, it will be fine, it would be a blip. that's what i think will happen. if they do big policy changes, it will be the other way around. neil: the president and in ronald reagan's case, it wasn't in an election year, this president is in the middle of election year, so politics will come up. he's been criticized by chuck schumer, nancy pelosi whether he's shelling out enough money.
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is he doing any good, art, returning the favor or jabbing back at them? what do you think? >> i don't know. it's entertainment, i think, neil to be honest with you. i'm a huge fan of the president's and i find his tweets and stuff, all he to i have a flip phone so i don't get it personally, i find it very entertaining. i don't take them seriously. though i take him very seriously, but i don't take those twitters and tweets and name calling seriously, it's a different style. neil: it might or might not pan out to be the crisis some pertain it to be. is it wise? >> well, it would not be wise for me, but that's not my style. it's what he's always done, what he does now and why should he change who he is right now because of something like this coronavirus, which i think is not going to be a huge, huge deal. i don't see any tax problems. i don't see any monetary problems. i don't see any trade problems. i don't see any regulatory problems. i don't see anything fundamental
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in this economy that would cause us to move off course and cause the prosperity drive. the president's demeanor is his. it's not something i would do on that either. he's a different person. i think he's a great president. you can like or dislike his insults or jabs or barbs, whatever it is, take it as entertainment and don't let it get to you, it's fine. neil: obviously the president is concerned as would any president about what's happening in the market. you're quite right, there's a distinction between what's going on in the markets and the underlying economy which remains sound. i get in the markets saying, the supply chain disruption, this global slowdown could last a while could be justified, way too early to tell. do you think it might boomerang on the president, his fondness of the markets and constantly-- >> i don't think it will. yes, you're completely right.
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this could be the supply chain stuff and the coronavirus. in fact, neil, i canceled a trip to california myself personally because of the coronavirus. i was going to orange county, john morl lchlmorlach's county. and my daughter said, dad, don't come, i'm 80 years old. and this is the time just as reagan said, keep cool, calm, collected and hold us -- your cards and don't try to catch a falling knife. neil: i'm sorry. the federal reserve intervene, cut rates, what do you think? >> i think they sudden have cut rates before anyway so that biases me a little bit. i don't think there should be any panic moves on any of this stuff. if the fed believes that the normal course of events, lower
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rates would help the economy overcome this shortfall in the market, why not? why not do that? i mean, if it's correct. they should do it based upon sound, cool, collected judgment not by a panic response. panic is exactly what will cause the markets to be justified in falling and that's not about to happen with this administration. neil: all right. thank you, my friend. always good having you. art laffer-- >> by the way, we were together, by the way, in 2008 if about you'll remember, i was on your show a number of times on how these people shouldn't panic when that market drops and same thing right now. neil: panic is the death of everyone in crisis. >> it is the death. neil: ronald reagan would say, don't let them see you sweat. you might be sweating, but don't let them see you. 80 years young and your daughter is kind to remind you of that. in the meantime, the politicians trading barbs back and forth, is that actually a good thing? could it actually be compounding
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>> all right. it happens all the time in the middle of a crisis. someone tries to leverage off of it and make some quick money. amazon cracking down on those who are doing the same on its site, selling a lot of virus-related products. >> in a market in the u.s. where there's increased demand, prices go up and that's what happened as the coronavirus continues to spread with more cases being reported. face masks have spiked along with the surprises, in some cases four to five times more. for instance in amazon a box of regular, 100 regular face masks are now sold for $15. almost quadruple the price it was a few weeks ago. a 20-pack of the respirator
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masks now $70. regularly retail for $17. and these high-end n-95's sell for nearly $100, that's up 400% from a month ago. now, amazon for its part says that pricing practices that harm customer trust include, but are not limited to setting a price on a product or service that is significantly higher than recent prices offered on or off amazon and with more than 60 cases of coronavirus in the u.s. you have pharmacies and retail shops reporting they have sold out of masks, gloves, sanitizers and the fact is that most of these are made and part of it depends on raw material or component that comes from china. yes, the supply chain is impacted and the white house is invoking special powers to boost to protect against the coronavirus. c.d.c. doesn't recommend wearing a face mask, it says the c.d.c. does not recommend that people who are actually well wear face
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masks to protect themselves from respiratory disease including covid-19, but he see them a lot on the streets, neil. neil: you know, that's really the worst when people are doing something like that. there's a corner in hell reserved for them. >> agreed. neil: it's good that people are cracking down on them. thank you, susan. and the coronavirus blame game, democrats and republicans trading barbs, but scaring a lot of folks. >> this is shameful. it's a proposal now that's meager, anemic. >> they don't have their hands around this to keep the american people safe. they don't have a plan. >> now the democrats are politicizing the coronavirus. this is their new hoax, but you know, we did something that's been pretty amazing, we have 15 people in this massive country and because of the fact that we went early, we went early, we could have had a lot more than that. we're doing great. neil: all right. obviously the hope is that continues, right? let's get the read on this and
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whether this political back and forth is compounding the problem in the country. and you know, when i look at it, harold, the first thing is, a pox on anyone who tries to trade barbs over this regardless of the party, but it's not instilling calm when either side does it? >> science is what should rule at this point. both sides should be committed to that and shame on either leaders who are doing this. republicans who say the president is coaching us a little wrong and democrats who say that democrats aren't adding it or starting it are wrong, too. i'm encouraged the f.d.a. in last hour say they're going to expand where testing can take place so people can be tested quicker and hopefully get accurate results and we'll get a better science around the contagion. hopefully we continue to make progress and we should all want
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that. politics plays a role, but when you are at shores, it should stop and health challenges, especially something dangerous as this. neil: we're in an election year and rare time when you are in crisis, but i wonder if it compounds the selling on wall street where people say who is on first? >> i think the attempt to politicize it is going to end up costing politicians. i don't think the american people are that stupid and i think they can look and say, you know, i need information, i need facts. when they see it's being politicized, it's going to be a turnoff for them. that said, i think that it's too much of a temptation for either side to pass up the opportunity. i mean, this might be, you know, a downfall for trump if he stumbles and you know, i think the democrats are really salivating. neil: you could look at it, you don't want everyone feeling, it great, we've got this under control, we're doing a great
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job. i get that, but you don't want to scare the you know what out of them so it's a balancing act. >> look, i think the most terrifying phrase in the american lexicon right now is origins unknown. when that's flashing across television sets across america, you've got parents huddled around the kitchen table wonder whether they should send their kids to school or not. those are the stakes right now. we want to make sure we're putting people first so i think it is an opportunity because politics is -- must always start with people. for the president to meet the moment, these are the moments that define a presidency and can set the course of time. so when you look at this opportunity here where you're saying, look, we have people who are scared. you have parents say, i told you i think earlier this week my high school football coach told me i've got over 200 kids supposed to take to disney world, should we go? those are real conversations. neil: what did you tell him? >> i said no. neil: really? >> yeah, and i think-- >> kids, he's the one who said no. [laughter]
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>> look, i think, also, push back a little bit because i think a democratic party that's habitually accusing donald trump of being a chronic exaggerator in his language, hyperbolic in his language suddenly think he's not being hyperbolic enough. calling this meager rations, i mean, it's right along there with calling the increase in wages crumbs. i mean, this type of language is not what we need right now. what we need is for people to come together, if not over this, when will it ever happen. neil: i do agree and mary touched on it. and i want to hear from the medical professionals, from the ones who seem to know what they're talking about, this is a danger if you do this, or if you do this. that i get and a constant update whether it's coming from the vice-president's office or the top doctor working with the vice-president. but when they say different things, forget about the politicizing of it. that's what frightens people, right? >> that's what turns to people to politics the last few days.
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you hear dr. fauci, you hear the c.d.c.-- your football coach is calling you and you love your football coach, and school and they're calling you. >> i'm not a doctor. >> and the general honore had it best, they should be telling us what to do at home and where to go to get answers to the questions. >> however, if all else fails, the democrats can hope for a huge economic slowdown, a big cut in gdp for the year and you know. >> i mean, look. >> we're not rooting-- >> politicians, neil, come on. >> look, i don't think that's what we want and i don't think that's what's going to happen because i think, again, i'm almost shocked because the easiest thing for president trump to do was to pound on the table and say that i've told that you this day was coming, that border security is-- right. neil: taking the--
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>> and that's what we have national security before. these are all interconnected. if there's a-- the democrats told me i'm bringing world war iii, and if you write a script for hollywood you think that's what president trump is saying. and you could argue he's been too restrained, but it's the antithesis of what people-- >> he doesn't want to spark a panic, that would have more negative impact for the economy. neil: and casting names about it, he does just that. >> he's not dismissing it. he's saying we don't know. neil: did you see the sound bite last night? >> which sound bite? he said a lot of things, but overall what the administration is saying, look, we don't know so we're monitoring it. neil: i don't mean to target you, i'm saying for both sides that to your disney analogy here, we don't want to be a small world. [laughter]. >> origins unknown, that's the problem and are you're not
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assured if you hear the president or ms. pelosi or schumer saying. >> a big part of the problem we have to rely on china for some of the data. neil: you're absolutely right. >> and the mortality rate right now. >> all of this is predicated on things coming out of china you know you can't take seriously. neil: kids, i'm sorry about disney world. [laughter] >> i'm the fun police. . neil: what are they going to do? >> i think they're probably going to stay home. neil: we are going to get the latest on it. ♪ ♪
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>> all right, this is outside the white house in between-- i'm sorry, the white house and the old, old executive office building right now. the eisenhower building where the white house task force on the coronavirus will be wrapping things up fairly shortly. normally they come out or individual members come out, quite a few of them. they might talk to the press, we shall see. in the meantime, with this occurring in the backdrop of the carolina primary, could be a key day for 2020 presidential candidates, maybe even joe biden, we'll see. fox news correspondent griff jenkins in charleston with more on what he's seeing and hearing thus far, hey, griff. >> neil, how are you? first in the south, this is an open primary, any party
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affiliation can vote. and the african-american electorate makes up 60% of the democratic vote. ap this is railroad you register, check in with the front desk here and you'll be given one of these, neil, this is a blank ballot, and you'll take it as the gentleman is doing in the background and putting it in the voting machine and he'll make his selection and take that ballot. we're about to see it right now. he's going to take it over to the clerk, run by otis. otis will see that, feed that into that machine and that will officially register the vote and the ballot doesn't spit out, it's kept in the bottom part of this machine which is sealed and secured. earlier we were able to talk to some of the voters on who they voted for and why they did. here is what they said, neil. take a listen. >> can you tell us how you voted? >> more for change, someone
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with fresh ideas. >> who do you think most brings that? >> buttigieg. >> i voted for bernie sanders. bernie sanders is the candidate who appeals most to me and my fami family. >> and all eyes are on joe biden, as you mentioned, neil, because he said he will win here and he's led widely in almost all of the polls. he had the endorsement of james cliburn, congressman cliburn, the most powerful democrat in the palmetto state. someone else to watch businessman tom steyer. he spent here and had a concert and dancing on stage with dj jazzy jeff and not sure how they'll turn out, but at the end 54 pledge delegates up for grabs and they will be rewarded proportionally. we'll have to find out how it end tonight at 7:00, neil. neil: i'm sure there's dancing video of you somewhere, griff, and that will complete the picture. for now we'll go on your fine
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report. thank you very much. >> no doubt. neil: all right. griff jenkins. former democratic south carolina governor jim hodge is with us right now. governor, good to have you. >> thanks, neil, good to be back. neil: obviously we don't know how voters will ultimately decide in your beautiful state. i did want to address with you, governor, the fear among, i know establishment types is wail overwrought if you'll indulge me, that bernie sanders approaching super tuesday is in a good position to pick up a lot of delegates no matter what happens in south carolina and it's worrying them. does it worry you? >> well, it worries me because i think he's our worst general election candidate. i don't think that sanders is going to do particularly well here from all signs and south carolina has generally been the best indicator of who is going to get the nomination. we need the strongest candidate we possibly can have to beat donald trump in the fall and of course that makes a big difference in a state like south carolina where you have u.s.
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senate race and a congressional race. neil: and you have the statistics and are aware of them far better than i, the african-american vote, 60% or close to it of the electorate there. a lot of people assume that's a lock vote or sort of a monolithic vote. the president has been claiming, republicans claiming, including senator scott from your fine state, the president's going to do-- excuse me, choked up on this. and much better with this group than he did before, maybe get rather than 8 or 9% that he did in 2016 up to 15%. what do you think of that? >> i'll believe it when i see it. that's certainly not-- i live here and have lived here 63 years, i've seen no evidence that the president will do better with african-american voters. i think the opposite. neil: and i think he was talking nationally. >> oh, nationally. i'm not sure that south carolina will be dramatically different in terms of african-american
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voters then than other states. i tend to think that they are -- that that is an optimistic projection by the president and by senator scott. african-americans here has generally been supportive of democrats. i think around the country as well and i don't see any evidence that's going to change this cycle. neil: governor, many have been arguing that whoever has the most votes going -- most going to the milwaukee democratic site, should be deemed the winner and suspect bernie sanders will be in that position. what do you think of that? >> i think majority rules. that certainly is the position that bernie sanders took in 2016. he took it all the way to the convention. and i think whoever has the majority of the delegates is the one who should get the nomination. it's just, it's hard to fathom is candidate with 30 or 33% being declared the nominee. we've got a long-- we've got a lot of green grass
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between here and the finish line and i think we'll see how the votes come out, but it's just-- i think it's a little absurd to say that 30 or 32% gets you in if 68% says they want someone else. neil: yeah, and we should point out in the last, you know, democratic convention, hillary clinton entered with the most delegates and the higher popular vote, but it's become sort of a story of fiction that it was the other way around. having said that, there's a good possibility if he does have the most votes and he is somehow failing to win a first ballot, that his supporters will go off in a huff. what do you think of that? >> well, i don't think that's the case. here is what i've seen in south carolina and i think in other places. despite the fact that bernie sanders has a loyal group of supporters, i think all democrats are united in their desire to see change in 2020, and when it comes down to it, i think whoever the nominee is
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will have by and large support from democrats, whether it's joe biden, bernie sanders. neil: still keeping an eye on the white house and the task force who may be addressing reporters after this. we'll take a peek out there, any minute, after this. introducing schwab intelligent income. a simple, modern way to pay yourself from your portfolio. tell us how much you have, and how long you need it to last. we'll estimate how much you could spend. then you can decide how you'll spend it. schwab manages the complexity with automated, tax-smart withdrawals. that you can start, stop or adjust at any time with no penalties. and you pay no advisory fee. schwab intelligent income. schwab. a modern approach to wealth management. no no no no no, there's no space there! maybe over here? hot! hot! oven mitts! oven mitts! everything's stuck in the drawers!
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>> all right. taking a look at the white house right now where the gap between the white house and the eisenhower executive office building, the old executive office building i should say, and the task force of the vice-president on the coronavirus will be letting out shortly. you never know, they might talk to the press. on word we have 85,000 cases worldwide across 48 nations and nearly 3,000 deaths, more telling the growth of this outside of china for the third
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day running exceeding right now what's happening inside china. the growth of these cases popping up including four cases in the united states the sources of which are not through conventional means. all of those who have the virus, none of them went to china, encountered anyone from china so it's a bit after conundrum. again, if and when they stop to talk to the press, we are there. in the meantime we've got former republican south carolina congressman trey gowdy. so much we don't know. thank you, congressman, i appreciate you taking the time. in that void, obviously you're well aware of the selling cross markets all over the world, our own included, people are getting nervous. should they be? >> well, i'm not an epidemiologist, i'm the son of a physician, my advice would be two-fold, be just as vigilant as
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you always should be, even germ and flu season. this virus does not care what your political ideation is and to be safe from this virus, it breaks my heart to see it politicized. i guess everything is politicized in our modern culture, but just be vigilant and take precautions, but don't be alarmed unnecessarily. neil: all right. so when you look at what-- and heard what you heard thus far and the way the markets have sold off and gone into correction territory, the fastest they've ever in the past, are you worried just taking a look at that economic impact, that it's way, way overdone and that we could actually psych ourselves into a recession? >> well, neil, you're an expert on the stock market. i'm way too poor to be an expert on the stock market. i do think, you know, i think
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mickey the other day told folks to turn off their television for 24 hours and criticized for it. i think that mickey's point is, there are lots of things to be worried about in the world and when you focus a disproportionate amount of attention on this with the morbidity and mortality rates not being higher than the floor and lower than sars and mers. everywhere i go people are talking about the coronavirus. last night i was in north carolina and they're talking about, but the flu kills more people every year and we're not talking about it. neil: and i assume you're talking about mick mulvaney the chief of staff. >> yes. neil: the president looks like he's ready to select again, john ratcliffe to be his intelligence chief and some are saying, again? what do you think?
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>> i think that john ratcliffe was a good people. johnnie was ratified by michael horowitz's report. he was the chief of the anti-terrorism. he was a united nations attorney. i've served with him. 'd meteoric rise in the house because people trust his acumen. what i hate about the modern political environment, the democrats who know better, they know him to be competent, they know him to be a person of character, but in this environment you can't pop your head up and say so. i hope that johnnie stays in it and defends himself this time around and i think he's going to be confirmed. neil: they say that back then when he was first bandied about that he's not qualified. you say? >> i mean, you've got a guy who was the mayor in indiana running to be the leader of the free world. i mean, you had kamala harris whose resume' isn't any better than johnnie ratcliffe's and
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they want to be the person who picks the dni. help me understand how you can be the mayor in south bend and be the leader of the free world and pick the dni and johnnie ratcliffe, homeland security, cyber security expert by the way on house intel, but he's somehow not qualified to run the dni, it's just staggering logic to me. neil: congressman, thank you very much. good catching up with you, be well. >> yes, sir, you too, thank you. neil: we say it's fear over fact sometimes with the coronavirus, tell that to a lot of u.s. industries that are fearful, the facts and the numbers are really terrifying. but recognize what's important to you in terms of your goals get 1-to-1 goal-based advice where and when you want and real-time goal tracking online. ameriprise financial (sensethe lack of control when iover my businessai, made me a little intense. but now quickbooks helps me get paid,
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will stores soon see their products running out? earlier this week bare shelves were seen in italy. it's playing out across the economy. bill simon now, the fear is it will happen soon here, bill, what do you think? >> no, i don't think so. i think we've got a whole different situation here right now. you know, our logistics capabilities in our country and our transportation network and infrastructure is distinctly different than most of the rest of the world. i think we're in pretty good shape. neil: you know the market and you've seen what's happened. do you think it's overdone? >> i do. i do. you know, the fundamentals in the economy, in the u.s. economy are exactly what they were a week ago only stock prices are 12% less. it's an opportunity to get engaged right now. neil: so we always look at the coronavirus. i'm not trying to minimize it, but we did want to put it in proper perspective with the common flu. this might interest you. you know this very, very well. we could show this, guys, it's
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an interesting comparison where we stand with this virus versus the common flu. 32 million plus cases of the flu world-wide, to date, 85,000 coronavirus cases. 18,000 plus flu deaths. thus far about 2900 coronavirus deaths. people miss that, but they're still freaking out over this. how and what should our leaders do to put it in perspective? >> well, i think you know, you were talking earlier about fear and the impact that fear can have. it can be paralyzing, but it can also be something that, you know, we can come together at and overcome and right now, i think that some of the discord between the administration and the congress and the dialog that's going on is not helpful at all. it's a situation where it's a serious situation. it's a very aggressive flu and we're going to have to deal with it. i think there's kind of no way around that, but it isn't, you
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know, of epic or epocolyptic proportions. and months from now when we feel better about the implications of it, i think we want to be active and engaged, we have a fed that's committed and make sure to spend what this needs to spend and i think we feel pretty good where we are as a country and needs to be played clear to the people so they're not afraid. neil: well said and bill simon, no matter where you are in the political spectrum those are words that both sides should hear. bill simon, former walmart ceo. and we're monitoring this, and we're monitoring something that bill touched on the possibility that the federal reserve moves sooner rather than later to address this or the implications
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>> the number of u.s. coronavirus cases are on the rise, with health officials confirming four new cases in three different states up and down the west coast. two of those cases popping up in washington state with another in oregon and the fourth in california. welcome to america's news headquarters from washington, i'm kristin fisher. leland: welcome back after a long week at the white house. kristin: thanks. leland: you were talking to the president about this a couple of days ago. we'll get into that later. i'm leland vittert. two of the cases they say are not related to overseas travel. this is new and prompting renewed fears exactly how this
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