tv Cavuto Live FOX News June 1, 2024 7:00am-8:00am PDT
7:00 am
try killing bugs the worry-free way. not the other way. zevo traps use light to attract and trap flying insects with no odor and no mess. they work continuously, so you don't have to. zevo. people-friendly. bug-deadly. will: that's going to do it for us this morning, but we want to say thank you to crowder. they'll be on tour all a summer longer all over the place. pete: check out the new album, exile. rachel: get it anywhere you find music. pete: and, by the way, don't miss us tomorrow morning because we're about to interview former president trump. you're not going to want to miss it tomorrow morning on "fox & friends." crowder, thanks a lot. see you tomorrow. ♪ neil: well, first, the conviction, now the fast and furious fallout and cashout over
7:01 am
it. the trump campaign saying it's holding near through -- nearly $53 million in donations in the first 24 hours after the historic guilty verdicts. the former president promising to appeal that verdict. the biden also fund raising off of it. no word on how much it has raised, but the current president is speak out about it, and we are all over it from what donors are saying to how voters are reacting. and we're all over president biden's son hunter preparing for, well, the first of his trials beginning monday, this one over felony gun charges in delaware. could hunter's legal mess actually overshadow donald trump's? and from the legal storms to the very real ones that are battering texas yet again. now several states across the plains and this start of hurricane season officially. so much going on. we start right now. ♪ neil: welcome, everybody, glad to have you, i'm neil can
7:02 am
cavuto. we've got, obviously, the appeal on the part of donald j. trump. we're going to go to c.b. cotton outside trump tower here in new york city. c.b.? >> reporter: hi, neil, good morning. more on the appeals process in a moment. first, i want to talk about what's yet to be seen, and that's how this guilty verdict is going to impact independent and swing state voters, both republican and democratic political strategists say it all depends if on how former president donald trump plays this moment. and we got a first look on friday when trump came out by himself to speak to the media at trump tower. he said he was still under a gag order, and he took no questions following his 35-minute speech, but he calls the presiding judge in the case a tyrant. and trump painted himself as the victim of a fascist state. listen. >> this is a case where, if they can do this to me, they can do this to anyone. i don't mind being out there because i'm doing something for this country, and i'm doing something for our constitution.
7:03 am
it's very important. far beyond me. and this can't be allowed to happen to other presidents. it should never be allowed to happen in the future. >> reporter: so here's the post-trial timeline. take a look. trump's lawyers can file any post-trial motions until june 13th. those are marries defense lawyers took issue with during the trial and, therefore, would like to bring before judge juan merchan. merchan will sentence trump on july 11th. at that point, trump will have until august 10 19th to file a note of appeal for his conviction. president joe biden spoke out on the verdict for the first time yesterday saying this: >> the american principle that no one is above the law was reaffirmed. donald trump was given every opportunity to defend himself. it was a state case, not a federal case, and it was heard by a jury of 12 citizens, 123 americans -- 12 americans, 12
7:04 am
people like you. like millions of americans who have served on juries, this jury was chosen the same way every jury in america is chosen. it was a process that donald trump's attorney was a part of. >> reporter: house speaker mike johnson said he believes trump's conviction should be appealed all the way to the u.s. supreme court, and we also know jim jordan, republican chairman of the house judiciary committee, is now demanding the testimonies of prosecutor matthew coangelo and manhattan d.a. alvin bragg. neil. neil: c.b. cotton, thank you very much for that. the former president is in bedminster, new jersey, there were huge crowds around turn tower yesterday, by and large a pro-donald trump crowd that was gathering outside there yesterday. bedminster, it's a little harder to do that. in the meantime, i do want to get the legal implications of this appeal process, the big july 11th sentencing date only days before the republican
7:05 am
convention. rebecca rose woodland, sol wisenberg, the former independent deputy counsel, fox news contributor. sol, interesting couple of piece i've been reading on the prospect of appealing something like this. in new york appellate courts though i understand rarely do they overturn a jury decision without evidence of serious error. so the obvious question to ask you, are there enough serious errors here to make an appeal and make an appeals court go the other way? >> well, i think there are very, very serious errors here, neil. to begin with, the fact that trump's lawyers really weren't given the actual theory, the actual facts about what other crimes. remember, they had to prove that he falsified business records with the intent to cover up or commit other crimes, and they weren't informed of that, the trump defense team, until right before closing arguments.
7:06 am
that's a real due process problem. in my view. also problems with what the prosecution was allowed to argue. basically, they were allowed to, in effect, argue that the guilty plea by michael cohen to election fraud and the non-prosecution agreement by david pecker having to do with election fraud essentially meant that donald trump committed election fraud. now, the judge gave an instruction that said you shouldn't consider that, but he allowed the prosecution to make what i believe are very improper argument as. so the real issue's on appeal. it is true both in the state and federal system that the overwhelming number of prosecutions are affirmed on appeal, but i think he's got some real issues. neil: all right. rebecca, with the sentencing set for july 11th, only days before the republican convention, can judge merchan actually seriously consider putting donald trump in
7:07 am
jail if even briefly while this is on appeal? >> well, jail is a possibility based on his 34 felony counts. i completely agree with sol about the appellate process in new york. air -- i've appealed many cases in new york, and overwhelmingly the cases are affirmed. i believe in this matter the fact that there's a qume la ative the effect -- cumulative effect of negative judicial action towards defendant also will contribute to the appellate division possibly doing a review. now, you have the appellate division of the court of appeals, and then if those appeals are exhausted, he can then, you know, request the supreme court take a look at this based on the glaring constitutional errors and constitutional restrictions donald trump has faced. what we're looking at though on
7:08 am
july 11th is possible fine, probation or punishment in jail. yes. and will this judge do it? we have seen him do so many outrageous, egregious things that even though the former president is -- this is a nonviolent crime and he has no previous history of criminal activity, i do not know that judge merchan will take that into account. we don't know what we're going to get on july 11th because look at what we've gotten so far. we've gotten a case that no one was even apprised of the crime until the day the verdict sheet was read. this has been glaring talkingsal error -- constitutional error, glaring, ridiculous depriefl of donald trump's constitutional a rights. this has been a case where the law has been put together and stacked against him almost like
7:09 am
creating a frankenstein monster. this is not law that new york has ever seen before in this way. so what will we see next? it's very hard to tell. neil: you know, you talked of the possibility, rebecca, there of the supreme court playing a role in this. s work l, let me ask you a little bit about that -- sol. they generally try to run away from these sorts of things. it's hard to see that a happening, it goes back to 2000 and the closeness of that race, the florida recount, i get it. here they've been involved already a number of times, and on something like this, could hay take the up a matter like this or say, no, no, no, let it play out in the lower courts? >> well, in the normal course of things if former president trump loses at the state apell if late level are, he can -- appellate level, he can file a cert position with the supreme court. those are usually summarily denied. i don't know what they will do here. if the constitutional a issues are important enough to them,
7:10 am
they'll grant cert. but that takes a long time. the question is, can trump and his team do something to get, to short circuit that and get to the supreme court right away, and i think it's extremely unlikely. now, if judge merchan -- people have suggested if judge merchan were to fashion a sentence or conditions of release that interfere with trump's political campaign, that there might be a hook to take it to the supreme court. that is an extreme long shot. neil: remember saw -- rebecca, for the time being donald trump is a convicted felon. when that sticks, of course, anyone's guess. a convicted felon normally cannot vote. can donald trump? >> well, in this case he hasn't been fully sentenced but, yes, he is a convicted felon. he can run for office. so i think we should focus on the fact that he can run for office, and we are going to
7:11 am
focus on the fact that he will stand up for his constitutional a rights on jewel 11th, i agree -- july 11th. i agree with sol that normal course of business requires the supreme court to even review once the highest court in the state has looked at the matter and add a jude candidated. finish adjudicated. there's a possibility, of course, that his team, donald trump's team, can appeal to the supreme court given that this is a novel issue that a president has never been convicted, we can see if the supreme court will take this up prior to exhausting all of the appellate process in new york or which, sol is right, it will take months and months for that to happen. if there is an issue during the sentencing on july 11th, that would restrict his freedoms in any way restrict his ability to campaign, is that an issue that the supreme court would see as a something they should review on
7:12 am
an immediate basis, we have no idea because we've never seen this before. neil: okay. >> we have really no idea with what the process will be because we've never seen this before. neil: i understand that. but you didn't quite answer my question, remember a ca. sol, can he vote in this election? all the points you both eloquently mentioned, this is a first. i believe the first time we have a presidential candidate who can't go ahead and vote for himself. it is the weird to me, but maybe that isn't the case. is it the case? sol? >> i really don't know the answer to your question. and one of the reasons i don't know is i don't know that he has been convicted. conviction is a term of art. for example, in the federal criminal system you aren't convicted until you're sentenced. neil: okay. >> so i also don't know what the new york law is on, you know, whether felons can vote. so i would, i would assume
7:13 am
without having done the research that he can't vote. but, again, it's kind of irrelevant because he can run, and he can hold office as you and i have talked about a before. neil: absolutely. and he's galvanizing others to vote for him right now, regardless of whether he ultimately can or cannot, and that, of course, has resulted in raising a whole bunch of money, better than $53 million, i'm sure a lot more than that, because that was raised in the first 24 hours after these guilty verdicts came down. we're going to be exploring this, the donor as peck, the money aspect, what joe biden is hoping to do and seize on this. but in the meantime, i want to draw your attention to florida right now. this is the starliner getting ready for launch. this has been the beleaguered boeing-nasa a combo that had some mechanical issues, issues with leaky valves and the rest that disrupted the may 6th original planned launch that was delayed 2 hours before launch. it's a crew of 2. this follows from the same launch pad we've seen mercury
7:14 am
and gemini and apollo and space shuttle rockets launch as well as elon musk's spacex dragon capsules. it is against dragon that starliner is competing. boeing, as you know, has run into a whole slew of problems with its airplanes and hopes it doesn't expect to rockets. the launch asked expect -- expand to rockets. we're told it's sunny and perfect weather in florida. there are is a rate based on you, with allstate. because you know the right way to save. stop! save with drivewise and get a rate based on you. you're in good hands with allstate. lowe's knows when you need a new appliance, you want it at the right price. that's why this memorial day, we have huge savings on premium kitchenaid appliances. get everything you need to make a statement in the kitchen and on the table. shop lowe's now for great memorial day deals. with so many choices on booking.com
7:15 am
there are so many tina feys i could be. so i hired body doubles to help me out. splurgy tina loves a hotel near rodeo drive. oh tina! wild tina booked a farm stay to ride this horse. glenn close?! with millions of possibilities you can book whoever you want to be. that's my line! booking.com booking.yeah
7:17 am
neil: all right, we it would you donald trump is raising a whole lot of money off of these guilty verdicts. of course, he'd much prefer not to have the guilty verdicts, but he is certainly raising the dough right now as many in the party galvanize around him is and many outside the a party. that is not to say joe biden isn't hoping to capitalize on the same thing. he, a couple of times, has mentioned the fact that his opponent is a convicted individual. so that is something that he
7:18 am
keeps pounding. lucas tomlinson at the white house on how the biden folks are playing all of this. >> reporter: that's right, neil, good morning. the president also calls donald trump a loser recently. the big question, will this conviction help donald trump in a general election, that's a question our own peter doocy asked the president himself yesterday afternoon. >> reporter: do you think this conviction helps trump in the election? >> no. >> reporter: are you worried this could happen to you someday, somebody comes up with some charges and tries to bring you into court after your term? >> not at all. i didn't do anything wrong. the system still work whos. >> reporter: and when trump says you're just trying to bruise him, what do you say? >> reporter: politically. >> reporter: politically. he thinks your pulling the strings behind the scenes, doing all this to help yourself. >> i didn't know i was that powerful. >> reporter: president biden just wrapped up his time with the kansas city chiefs. here's the reaction from the biden campaign. convicted felon or not, trump will be the republican nominee for president, but there is one
7:19 am
other certainty. as you read this, donald trump's supporters are fired up and likely setting fund raising records for his campaign. that proved to be very accurate, neil, because 24 hours after the first conviction of a former president of a crime in u.s. history, the trump campaign says it has received $52.8 million in donations and about 30% of those were first-time donors, neil, according to the trump campaign. yesterday the former president said the charges against him were all politically motivated. >> what they're doing right now, winning in the courts because they can't win at the ballot box. so we're going to show them tha. >> reporter: a new poll says roughly 7 out of 10 voters say a guilty verdict will not change their vote, 17 say it will make them less likely to vote for trump and 15 say it'll make them more likely -- 15% -- now former president donald trump will be sentenced on july 11th, just 4
7:20 am
days before the republican convention. neil? neil: wild stuff. lucas, thank you very much is. lucas tomlinson, beautiful weather there at the white house, here in the northeast and certainly down in florida around cape canaveral where we're waiting to see the starliner or launch. you might recall this is the nasa project it has with boeing. this largely is assigned to do kind of what elon musk's spacex dragon capsule is doing, shuttling astronauts to the international space station. it has ramifications way beyond that. that that's been really the only ticket to ride, starliner hopes to get in on that, but boeing's had a host of problems certainly with jets with which you're well familiar and a number of missions delayed or put off because of leaks, helium leaks, is some of that. that was the case on may if 6th when this was originally supposed to go up, the first crewed mission. there are two astronauts on this. and the fact of the matter is as they wait for this launch planned for about two hours from now, they hope this time it's
7:21 am
finally going to work. it's been a part better part of a decade in the make, and some profitable intersurprises could -- enterprises that can taikd, take it to the moon. boeing hopes to make it a lot more competitive. stay with us. ier on the water. our founder, johnny morris and his dad knew this first hand, they created a boat that was more affordable... tracker, the world's #1 one best selling fishing and pontoon boats powered by mercury. proudly built in missouri and sold factory direct at bass pro shops and select dealers. for as little as 5 dollars a day... you can own a brand new tracker and make lifelong memories of your own. bass pro shops. voted america's best outdoor retailer. save even more and support conservation when you join the club.
7:22 am
7:24 am
neil: you know, when you think about it, since the verdict came in, the money has been rolling many for one donald j. trump in his efforts to retake the white house. on that basis alone, when you look at the nearly $54 online haul his campaign has enjoyed in the first 24 hours after the verdict came down, you can imagine it's substantially more than that right now. hal lambert is a gop mega-donor.
7:25 am
he's throwing his full support behind the former president, originally supported ron desantis. hal, always good to ceo. >> good to see you, neil. neil: those are staggering numbers. this is coming in small sample, $20 at a time, that indicates a lot of enthusiasm around common people. what do you make of that? >> yeah. if you just do the math on it, if you assume an average a contribution of $100, which it's probably lower than that, that's over 000,000 individual -- 500,000 individual contributions. that that's a lot of people out there very upset about this trial and this verdict. in fact, i'm going to be getting on a plane and going to california next week for a fundraiser, and then i'm going to go to las vegas, nevada, for a fundraiser. i'm getting onboard full steam here because this is really outrageous, neil. the man who said in russia show me the man, and i will show you the crime. that's not how we're supposed to operate to. we're supposed to find a crime and then figure out who did the
7:26 am
crime. you don't target individuals and then go see what you can find and dig up on them, and that's exactly what what's happened now since 2016 with former president trump, and everyone sees it. the actions that he took were not a crime, the underlying actions. paying his attorney to do a legal settlement is not a crime. what they said was, oh, you incorrectly booked this on your own records and, therefore, that's a crime. the problem was, that wasn't a big enough crime, that was a misdemeanor. so we're going to find something else and say, well, we're going to turn that into a felony, and now we've convicted you on a felony, and that's where we're at today in this country. it's a real dangerous, slippery slope. it's a real problem. and, by the way, to answer your earlier yes on -- question on whether he can vote or not, he can because the way it works in florida is they defer to the state where the felony was, conviction happened. and in new york as long as you're not in jail, you're allowed to vote as a convicted felon. and, therefore, florida will allow him to vote since new yorw
7:27 am
in new york on that case. neil: all right, i did not know that. he is a florida resident, after all. hal, i know your misgivings about how this trial ended up and how a jury could come to this conclusion 34 times. it is what a it is, the jury did what it did and there we stand. are you angry at donald trump's lawyers? did they screw up? because the prosecution won on all counts here. >> no. again, i don't think there was any way to avoid what was transpiring. i mean, you have a district attorney who soros backed, you have a jury pool that's, you know, 90% the other party. you just -- neil: wait a minute, would you view be different if it were just one or two jurors on a couple of counts that didn't go this way, if it weren't all 34, if it was just 1 count would you think differently? >> well, but with again, i think the problem with it, neil, is you've got -- these were multiple payments that were made. neil: right. >> so once you found that the
7:28 am
payments happened, then your convicted on all of it. it's hard to say, well, this payment was okay and that payment wasn't. they're saying that all those payments, which were misdemeanors -- actually, they weren't even illegal, but the books and records of those payments were misdemeanor crime- neil: fair enough. and i didn't want to get into a back and forth on the case. to your point, i do remember when ron desantis was running you said he had great respect for donald trump, thought he did a good job as president but do we want a convicted felon as our nominee. and, of course, chris christie took that the extra mile. a lot of good it did him, but the point was that was going to be a problem. that only days after he is sentenced presumably for these crimes, hopefully he doesn't do jail time. i'm sure the president wants to avoid that. a lot of people think it would be very messy at a minimum, but that's what the republican party will be dealing with, a nominee who's a convicted felon. and whenever you think about a it, whether that's even fair, it is that. do you heark hearken back to
7:29 am
what ron desantis had said? >> yeah, no, there's no question, that is where we're at as a party. and it's been done to us by the other political party, quite frankly. so i think if you talk to governor desantis today, he would have the same view which is this trial wasn't fair. what happened was a sham. and, therefore, we're not going to let the other party dictate who our nominee is going to be based on that type of a trial -- neil: but does the other party, hal, and i understand this case raises all those issues and then some. i'm no lawyer. i talk to smart people who are very astute at this stuff, far more than i, but you do have the documents case, the january 6th case. are they all a rigged against him? is it all just a ca a ball out to get him? there's a lot of cases, a lot of indictments, a lot of counts. >> well, and, but again, it's been going on since 2016, so you start to lose credibility as the other side if you just continue to target one individual for, you know, event after event after a event.
7:30 am
you know, neil, let's be real here. hillary clinton paid $117,000 fine because they funneled money through a lawyer to pay for the russian dossier. she wasn't put on trial. they're saying that trump paid his lawyer and, therefore, was hiding campaign election interference and, therefore, that's a crime. this whole thing is viewed as not fair and, again, we're that targeting one individual with -- neil: no, no, all fair enough. hal, you were not among this original a group that was weighing in on the clinton impeachment and all that, but that was about an affair with an intern s and a lot of people -- democrats at the time -- claimed are republicans are making a big deal out of an affair with an intern and a guy lying about it and trying to impeach him as a result of this. now republicans are in the position of taking that role in defending, you know, an individual's behavior. donald trump said this never happened, i understand that, but
7:31 am
that republicans look very hip rate call here. what do you think of that? >> well, again, we weren't -- as republicans, they weren't trying to put bill clinton in jail, you know? they did impeach him over perjury -- neil elena that wasn't -- that was the ultimate goal. i understand what you're saying. i know politics is politics. i remember what was said then, i covered it then, i remember what's being said now. and each party plays this game. do you think republicans are just playing this game? >> no, i -- and, look, i don't thinks this is a game anymore, actually. think it's very serious. i think it's really detrimental to our judicial system. the rest of the world looks at the united states as a rule of law country, and i really believe this has really damaged that. and i think you've seen -- neil: that's exactly what, that's exactly what people were i saying after the impeachment attempt on bill clinton. of course, he was never convicted in the senate, and we should point out with donald trump, never convicted in the senate on this. but my point is, that's what they said then.
7:32 am
>> yeah, they did say that, and now they turned around and did it to president trump twice, you know, during his term. so it -- and that's what we don't want to get into, right? we started that in the impeachment world, are we going to start that in the legal process and start going after our political opponents after they're out of office. that's a real slippery slope we don't want to get on. and, by the way, neil, we haven't heard from pram la or concern president obama or bill clinton on this. where are they on this? we'd like to hear their opinions. neil: all right. i think they're fake a taking joe biden's side. hal lambert. meanwhile, we have two human beings who are trying to get away from from it all a by going into space. they're on the starliner, and this is their moment. this is their opportunity, two hours from now that puppy is going to take off. we hope it takes off, there aren't delays or glitches or problems that have riddled this boeing cap assume with a lot of problems. boeing's had problems with jets on the ground, they hope this doesn't extend to rockets that
7:33 am
7:36 am
neil: all right, the biden administration comes back to this, a convicted felon versus a convincing economic recovery. the latter might be in the eyes of the beholder, but they're clinging to that in the biden administration, steady earnings growth. and that might be kind of cutting down a little bit here. without inflation getting worse. it's sort of staying sideways
7:37 am
right now. a key inflation report follows, it's kind of holding its own. still well above the 2% bowl of the federal reserve, but -- goal of the federal reserve. the trend is their friend, and donald trump has all these legal issues. when that's a winning argument -- whether that's a winning argument, we'll find out november 5th. madeleine rivera to pig it apar. >> reporter: for a lot of people, the economy will still be the deciding factor in who they choose for the white house. this fox news poll shows last month 14th otter registered -- 4% of registered voters see it as so important, it alone decides whether they can back a candidate. the economy ranks second to abortion. on that note, april's pce report which is the federal reserve's preferred measure of inflation shows inflation is holding. prices climbed 2.7% from a year ago for prices which -- core prices rose 0.2% from the
7:38 am
previous month. that is down from 0.3% in march. >> the year-over-year numbers kind of look like they're improving. but if you look at the most recent few months, it extrapolates that inflation is up running between 4-5% annually, well above the fed's target. >> reporter: one of the biggest takeaways from the pce report may be the personal saving rate, the percentage of disposable income people save. it's 3.6%. for comparison, it was 8.2% in february 2020 before the pandemic hit. the biden administration says the data shows progress in bringing down inflation, but they acknowledge more work still needs to be done. >> it matters when we go directly to the american people, it matters when we share with them what we have done these last three and a half years, our accomplishments or listen to them or hear how they're feeling about the economy, how they're feeling about their health care. it matters, it resonates.
7:39 am
>> reporter: president biden is reportedly under a lot of pressure from democrats to showcase more empathy on the economy. neil. neil: madeleine, thank you very much for that. luke lloyd with me right now. love talking to lloyd because he never buys the consensus, to matter what it is. and you're challenging everything's hunky dory, right? you're not quite buying that. >> yeah. well, it's interesting the two worlds i live in, the world as a consumer with everybody else and then the investment world i live in, right? the consumer in me says who cares if inflation's at a .2%, .3% month month to over month, that doesn't impact me. my wallet's still hurting, right? the investment side, the stock market trades on all these different reports. so what 's interesting, the stock market's a great predicter of election outcomes. there's something close in history, when the stock market has an intrayear draw down top to bottom of around 7%, the incumbent tends to win. when the stock market drops intrayear around a 17%, the
7:40 am
incumbent tends to lose. we've only seen 6% which seems to be pricing in a biden victory. correlation does not imply if causation, but the fact we saw a 1% selloff right after the market opened yesterday could tell us the odds of a trump victory are increasing after the verdict. the stock market needs to sell off a lot more to price in a trump victory not because of his policies which are for the most part pro-america, but because of the uncertainty. neil: you know, it's always hard to say when the presidential election begins to weigh with on investors. the rule of thumb is it's usually late summer, around labor day that they begin paying more attention to it. i don't know if that's even true, but that's market lore. it could be wrong. but the other factor here is how americans feel about spending and whether they're inclined to spend. and there, i hate to use word, it's kind of bifurcated.
7:41 am
the upper income seem to be the willy-nilly spending regardless of the prices. you know, cruises are booked, gap city hotels like the ones that you go to, fancy restaurants, i know you only go to those that have tassels on the menu. i kid, but to make the point that crowd is doing fine. everyone else, not so much. what do you make of it? >> well, i think everybody's addicted to their spending habits, frankly. the middle class,, upper class, they've gotten addicted to upgrading their lifestyle. people don't want to pull back their spending habits. i know growing up the local toy store had layaway options a around the holiday season. now that's a full-time, year-round option, there's essentially $700 to billion plus of phantom debt that's not reported to these credit agencies because of these buy now, pay later options. they're so readily available which is essentially putting things on layway. and i've been hearing rumbles that this decade's going to be considered another roaring
7:42 am
'20s, but it's not really roaring when it's fueled by phantom debt, all this debt that's out there. there's a sense of heightened anxiety the i -- anxiety. it's creating this mentality, who cares if i'm spending more? everyone else is doing it. neil: donald trump's stock had a why would ride when the news came out he had been equitied. in after a-hours trading it was tumbling 14%, ultimately finished down yesterday about 5%, but it was a wild ride. and p again, that was clearly tide, it would seem, to his perceived fate or election fate. is that overinterpretting it? because they're less worried when we rode out this pup puppy by the end of trading yesterday with. >> i don't look at djt, the truth social platform, as a stock. it's a way to yet involved, essentially, in his campaign.
7:43 am
it's interesting, of course it's going to be trading the next day on certain news events that come out to, but essentially, djt was always a way for people to feel like they have a way to contribute to his campaign because all donald trump's going to do most likely is go ahead and sell his share and stake in that a company, and the higher valuation that is, the more he'll have to finance his campaign. it's not even a stock you want to a pay attention to make money. it's not meant to make money, it's meant to finance his campaign, another reason why trump's donations up the past couple of days after his conviction. djt is similar to that. neil: well, not exclusively for his campaign, but he will get a few billion bucks out of it at a minimum, so there is that. luke, thank you very much. luke lloyd on all of that. want to draw your anticipation to this, neil, you really love anything having to do with space, don't you? i am officially an astronaut. all right, maybe i'm not. gene cernan, last man to walk on the moon, did kindly give me a pin that made me an honorary
7:44 am
astronaut. anyway, i'm fascinated in this stuff, this launch today because this is boeing's attempt working with nasa to sort of take on elon musk and his spacex drag gone capsules that have been per r -- ferrying astronauts back and forth to the internal if national space station. starlineer has enormous implications beyond this. it could eventually be the start of bigger rockets and all that take us to the moon if beyond. there's artemis, this giant, giant rocket that is really going to lead to the stars and beyond. this is part of that process. and if you live along the space coast or the east coast of florida, my gosh, you're seeing almost a launch every over day from various rocket enterprises manned and unmanned as we get back to space with a vengeance. so this kind of stuff and this 22-person crew set to take off a little more than an hour and a half from now, is a continuation of that. a take it from this, well, kind of astronaut, that's a big deal. that's us. that's america. after this.
7:45 am
how's my favorite client? great! i started using schwab investing themes, so now i can easily invest in trends... like wearable tech. trends? all that research. sounds exhausting! nope. schwab's technology does the work. so if i spot an opportunity, in robotics or pets, i can buy those stocks ina few clicks. can't be that easy. it is with schwab! schwaaab! schwab investing themes. 40 customizable themes. up to 25 stocks in justa few clicks. there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go.
7:46 am
we're told in genesis chapter 1:26 that god is made man in his image and by his likeness has he made him. genesis is a book of fundamental importance for the jewish and christian faiths and a literary masterpiece that has profoundly shaped western civilization. now, in this exclusive online course from hillsdale college, you can deepen your understanding of how this ancient book is essential to you today. sign up for the genesis story. absolutely free at learnfromhillsdale.org. dr. justin jackson, a distinguished hillsdale college professor, will guide you through this fascinating free online course that unfolds the biblical stories of adam and eve, abraham, isaac, jacob and joseph. when you sign up, you'll explore some of life's most important questions, gain a greater appreciation for how the bible confronts pain and hardship with redemption and hope and discover how the struggles people faced thousands of years ago
7:47 am
are deeply relevant to us still today. take this six lesson course whenever it's most convenient for you at your pace or in your schedule. signing up is easy and free when you go to learnfromhillsdale.org today. so the fun thing with the serpent is how does a serpent talk? and not only that, but why is the serpent's punishment to crawl on its belly when that's what it does? join the hundreds of thousands of americans who are enriching their lives through this exclusive online course from hillsdale college and gain access to this premium content today. what i hope you'll get from studying genesis in this course is a deeper appreciation of the biblical insights with regards to the human person psychology, our predilection towards rivalry, but also reconciliation sign up for the genesis story free of charge, at learnfromhillsdale.org today.
7:48 am
neil: all right, five months from now voters in this country head to the polls. in mexico, they're starting the process this weekend. two women vying to become the first female president of mexico. william la jeunesse is following all those developments quite closely as are we. william. [inaudible conversations] >> reporter: ahead by 20 points in the polls and backed by the widely popular left-wing party, 61-year-old claudia shinebaum is likely to become mexico's next president. key issues, poverty, corruption, inequality and crime. [cheers and applause] a protege of current president manuel lopez obrador, analysts don't expect major changes in the u.s.-mexican relationship though some believe shinebaum will take stronger action against the cartels.
7:49 am
>> mexico, probably more than any other country, can undermine or to strengthen the u.s.' border and migration policy. >> reporter: as mayor of mexico city, she claimed to have reduced the homicide rate by 50% by increasing police pay and more cooperation from the military. >> you have very powerful tool at your hands from a political perspective if you continue to bet on the armed forces, but on the other side they operate essentially outside of civilian and legal oversight. >> reporter: a secular jew raised by scientist parents, shinebaum pursued engineering over ballet fending interspending four years at uc-berkeley studying climate change. >> we are convinced that the increase increasingly catastrophic if impact of climate change requires a new economic model. >> reporter: she opposes privatizing state-owned companies but supports reshoring american manufacturing from china to improve mexico's standard of living. mexico isn't just america's
7:50 am
largest trading partner and number one tourist destination. closer relations could help the u.s. address border security and the fentanyl crisis. neil? neil: that is the hope, william. when we come back, our former u.s. ambassador to mexico on what this president wants to do about the border. republicans have been waiting for him to take executive action. they're just not keen on some of those actions, after this. the y that the toughest job in the navy is a navy wife. and if you've made the deployments and you've been the wife at home, or you've been the spouse at home, you understand what i'm talking about. your spouse has earned the right to apply for a va home loan. the newday 100 loan allows you to borrow up to 100% of your home's value. so if you're in a situation where you need some help financially, give us a call.
7:53 am
neil: all right, we told you in the last segment mexicans are going to the polls. one way or the other, they're going to elect their first female president right now, two female candidates going at each other. they're talking about changes at the border as well, but to hear many u.s. interests tell it, not enough. my next guest has heard president biden is planning to
7:54 am
take a number of executive actions at the border to at least slow down border crossing. earl anthony wayne kind enough to joins u former ambassador to mexico. ambassador, good to have you. president biden wants to go of after a those who claim amnesty and limit that as an excuse to stay in this country or even get into this country, also putting off assue lumbar -- asylum requests and the like. what do you make of what you've heard? >> well, i think any steps will be welcomed that speed up the ability to process people, that settlements so that our people at the border just don't get overwhelmed by numbers. because, as you know, when large numbers are coming in, they just don't have enough detention facilities, and a lot of people get released into the united states. our asylum processing takes a while. it takes a while at the border and, as you know, we have over 3 million people waiting inside the united states. so anything that could speed that up, the process in the u.s. and that could put some brake
7:55 am
withs on the number of people coming -- brakes on the number of people coming would be very important. right now we've had lower numbers for the first months of this year in large part because the mexicans have stepped up their efforts to manage the migrant flows coming through mexico to the border. neil: and isn't that what's key, ambassador? that mexico has to do its part. it can't just stand aside as these throngs rush in. >> that's right. and it's been mixed over the years. sometimes they've stepped up, and others times they've lessened the pressure. in markets i think, because they just don't have great capacity on hair side, and they have other -- on their side and they have other demands because the same people that manage the migrants are also supposed to be providing security in the cities season and -- and on the highways. right now, however, they're making a very firm effort to turn people around, to manage it, to send them back south, and that has helped immensely, kept
7:56 am
the numbers down at the border. but it would very much help if we could take a number of the steps that have been discussed and debated by both parties in congress and elsewhere to improve this system. because our system is just limping along right now to manage that migration. neil donald trump has talked about mass deportations to deal with this, all but shutting the border down. what do you think of each proposal? >> well, i think it would be -- we would get into many, many internal debates if we turn to this mass deportation approach. no question, people violate the laws. they should quickly be identified, set back to where they came from in the easiest way possible. now,s that's hard if they're from a long ways away. it's easier if they're in mexico or the northern part of central america because we have channels that work there. we also have people legitimately looking to flee violence, human
7:57 am
rights violations. we need to be able to make those judgments more quickly. but right now we don't have the fast processes, we don't have the people, we don't have the facilities -- neil: right. >> and anything the executive does whether it would be a future president trump or a president biden would be subject to court challenge. so the best solution would be congressional a action to fix a lot of these issues. in the short term, however, there are a number of things which the biden administration could start doing that would help. they've been discussing and debates this -- debating this for a while, and some of the reporting is they may be with getting close. neil: close. no cigar yet, but close. ambassador, thank you very much for that. we're keeping an eye on that and this starliner launch, they're about an hour and a half away, an hour and 15 minutes away. we'll keep going right after this.
8:00 am
99 Views
Uploaded by TV Archive on