irrelevant stuff. when it leads to space inventions and a lot of thee ine oriented around space because it's a frontier that is bigger than what we normally think about. >> imagine the instagra. >> that's the other point. >> i like your stuff. it's better. >> it's all good. can you imagine talking about all that interesting stuff as opposed to what we are about to do, fact check. >> so much fun. >> one day we made the decision to follow the launch of that space-x rocket instead of running the daily briefing, what a popular choice. >> i'm done. >> i feel like you've been on tv every other. >> i'm done after this and if you let me go now, i can leave. >> you can get out of here right now. you just can't cross in front of that picture because you're trapped in the studio until i allow pictures on tv.

have a great afternoon. good afternoon, i'm ali velshi. breaking news another plea deal in the mueller investigation and this one sheds a lot of light on where the investigation is headed next. this case involves this guy on the left. his name is jerome corsi. deep ties to the right-wing world and his work for info wars. because of his association with roger stone, who you probably do know. he's a long-time adviser to trump and his campaign and they want to know what the two men knew about wikileaks during the presidential campaign. stone talked about that and corsi just last week. >> i think poor jerry corsi has been squeezed now relentlessly to bear false witness against me or perhaps false witness against me and the president and he

refuses to do so. as for me, i intend to fight, but it's debilitating. >> we're going to unpack that a little bit. corsi confirmed he is in talks with a plea deal. if you're counting at home, here's what the special counsel has already gotten. 32 indictments, 6 guilty and 1 conviction and 3 sentenced. an an anna sheckter and danny who have come back in to help us cover this important story. most people were not expecting news like this to break on black friday. i should note that jay, the president's outside counsel has declined to comment on this news. rudy giuliani, the president's personal attorney has not responded to nbc news requests for comment. anna, let's start with you. a week ago, ten days ago you were spoeupposed to be intervieg jerome corsi right here at 30

rock and then he suddenly canceled on you and said, no, his lawyer said he's not talking to the media any more. >> he was probably already in plea negotiations at the time and he had told me he was expecting, expecting to be indicted on perjury. so, they must have caught him in some kind of a lie. they were going through a binder, six to eight inches thick, of all of his communications. he told me at one point they threw the binder at him. he got to see it. one of his statements, he says, must have contradicted what was in the binder and it all goes back to wikileaks if he had a connection to wikileaks and what he said the investigators were trying to push him into a narrative to say something that he just couldn't say. so, we have no idea if that's true or not. he has major credibility issues, as do lots. >> remind as to why. >> he is the original birther theoryrist. he created this conspiracy of

barack obama not born in the united states. these arguments do damage to our democracy and donald trump picked that argument up and hammered it over and over and for a year in 2011 and 2012. he loved that story. that fake story. >> he said he was sending investigators and he has written a book about this. >> written an entire book about it and written other books about other conspiracies one involving john kerry. he calls himself as an investigative journalist and goes after democrats. in the summer and fall of 2016, he was doing opposition research including john podesta leading up to the presidential election. >> danny, so many questions i have for you, but the first of which is that anna had told me that investigators, these mueller investigators, you know, they get their hands on these guys' texts and they go through them. what do you do when the guys a conspe c conspiracy and he has written an entire book on barack obama not

born in the united states. how do investigators build a case when there's all of this nonsense all over the place? this is like a liars and truth tellers problem. >> he expects to be indicted for false statements. that's section 1,001. somebody sits down with investigators and need not be sworn testimony and makes a material false statement. what jumps out at me very significant the false statement must be material. it can't just be as trump to paraphrase president trump whether it was raining or not raining. that's not material. >> he is calling it a perjury trap, but it would have to be about something that matters not just i got you to lie about something. >> maybe you misremembered something that was inco inconsequenti inconsequential. they are going to be prepared to know that this was not just a case of fault y memory or a cas missing some fact.

it is going to be a material statement, which has a bit of irony because meanwhile roger stone is saying, they're making this guy give false statements against me. so, you have the government supposedly saying he made false statements. now, roger stone saying, of course, he's going to make false statements. as if he can't be trusted on either side. >> like liars and truth tellers. let me go back to 5,000 feet on this, anna. why do we care about jerome corsi? in the grand scheme of the mueller investigation, what link could this provide? >> this could provide a back channel to wikileaks and that's really what they're looking at. mueller investigators were looking and they did have some advance knowledge that john podesta's e-mails were going to be. ubl public. in october, that october surprise that was a hugely damaging to hillary clinton's

campaign. october, every day they were just rolling out more and more e-mails. each one more damaging. >> listen to what donald trump has said about wikileaks. this is just a small sampling. >> this just came out. wikileaks. i love wikileaks. >> i love reading those wikileak wikilea wikileaks. the wonder of wikileaks. boy, wikileaks. they have revealed a lot. wikileaks. that came out on wikileaks. it's unbelievable. it tells you the inner heart, you have to read it. >> that was all prior to the election in 2016. that was mostly october of 2016. so, they're trying to figure. i mean, it seems funny to watch it. but what they're trying to find out and, danny, tell me if it's relevant or not. the president talked about wikileaks and said we were going to get surprises and have

information and he knew things about wikileaks that you and i might not know about wikileaks. >> he sits down with federal investigators and supposedly they ask him, how did you know about this wikileaks data dump? he says, for example, hypothetically, to avoid getting in trouble. oh, i think i read it on the internet somewhere. but that may work at a cocktail party. but federal investigators follow up with additional questions if they don't like the direction that they think a witness is going in. you can't fudge the truth with federal investigators because, for the most part, they've done a ton of research before they sit down with a witness. and that's the kind of white lie that would be anything but a white lie to federal prosecutors under section 1,001. which is the genesis of that information. if that came, if corsi is the origin of the information about wikileaks and that made it through intermediaries be it stone or whoever else, then you

may have that russian connection. maybe. but we still don't know until we find out what exactly corsi is in trouble for, if anything. >> so, it's a link in a chain. roger stone is also a link in that chain. he's actually the last link before it gets to donald trump, possibly. what has he said about this? i know he said he thinks they're making corsi lie, but what else is he saying? >> he just put out a statement today. he said he doesn't know about dr. corsi. to best of my recollection no main stream that mentioned john podesta's e-mail. if dr. corsi knew that the e-mails were obtained by anyone, he never shared this information with me nor did he give me any such documents. >> this is an interesting development. it's complicated. i appreciate the two of you coming back to understand this. thanks very much. go back and enjoy the rest of

your good friday, if you can. some great deals out there. anna and danny. all right, coming up, the trump administration releases a dire report about the devastating effects of climate change on health and human safety. experts say officials are trying to bury the truth by releasing the report today, black friday, when millions of americans are preoccupie preoccupied. stay with us. i have the findings coming up next. you're watching msnbc. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. ♪ liberty. liberty. liberty. liberty. ♪

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most americans are in turkey leftovers and waiting in line for black friday sales. the government released a huge report on the impact of climate change and the findings are dire. not just for our health and our environment, the way you'd expect it to be, but also for the economy. the scientific report warns that the damage from climate change will reduce the size of the american economy by 10% by the end of the century. annual losses, this is a quote, annual losses in some sectors are projected to reach hundreds of billions of dollars by the end of the century. more than the current gross domestic product of many u.s. states. i'm joined by tom costello. i know, tom, you haven't had a chance to read through 1,600 pages of the report. what stands out to you as you start to go through it. >> this was all compiled by 13 federal agencies and not like the trump administration ordered this up. they are required by law to produce this every four years. clear and compelling evidence that temperature is rising fast

and humans are responsible for it. the real timed evidence that the scientists point to are the devastating fires in california and the smoky mountains and the horrific hurricanes and tsunamis and scientists are pointing to more extreme weather that they say will damage the health of the environment and the inf infrastructure. fisheries could be hit very, very hard. they argue this is primarily a manmade catastrophe caused by greenhouse gases. rising oceans, melting ice, erosion, all of the effects and they expect cold weather related deaths to increase and everything from drought to insect causing diseases like west nile, zika, all of that laid out. but i would make this point, i know you want to go there. this report contradicts president trump's belief on it. he argued it is a hoax. he called for more coal and oil and gas production.

these scientists say it is clear and compelling evidence that this is a real emergency. >> whether people call it climate change or global warming, climate change is clear because donald trump tweeted the other day, brutal and extended cold blast could shatter all records. whatever happened to global warming? people start to believe if it's not just hot, then there is no global warming. global warming gives us extremes on all sides and health effects. >> that's exactly the point i was going to make. i've talked to scientists about this for 20 years and i would say, how could we have such a cold specific of weeks in december and they'll make the point, we generally don't call it global warming as much as we call it climate change because, yes, there is that cumulative effect of global warming, but climate change affects all of us in so many different ways in terms of the ferociousness of the storms rolling out of the pacific. what we've seen in the gulf of mexico. all of that has real dire

consequences for the overall environmental health of the country and of the world. when they're talking about the u.s. having to take a 10% economic hit because of the impact on climate change, that becomes very significant. >> tom, everybody who watches this show knows that i am a big fan of yours, but you're one of the only people we can count on to summarize 1,600-page report. >> speed reading. i had to take it when i was in seventh grade and i nailed it, man. >> you're good. thanks, buddy, tom costello. for more on the impact, i am joined by jake a former climate aide to president obama and also helped design california's climate target legislation. jake, let's just dispense with this. 2:00 p.m. on a black friday. this is not the day you release a report when you want a lot of coverage. it doesn't matter, juournalists will figure this out and we'll continue to cover it. what does an administration gain by being on the wrong side of a climate change discussion? like being on the wrong side of a cancer discussion or a why you

should get your teeth cleaned discussion. this is not political. this is not partisan. >> and i'm glad, ali, that you let tom summarize the 1,600 pages and didn't ask me to do that on black friday here. but, look, i think, you know, president trump is obviously afraid of what his adm administration is reporting. it's contrary to his agenda and contrary to the interests that support this president. and, you know, it's really, frankly, quite shameful, i think, for a president who just came out to california and visited the devastation in paradise, california, in malibu. where towns have literally been just wiped off the map. the result of the extreme weather we're seeing from climate change. so, you know, this is, unfortunately, par for the course for this president. that he would try to bury this news and deny it. i think probably he's doing it because he feels that it will

continue to rev up his base and stoke his supporters. >> but i just don't get why. our friends at "new york times" have done a great job of summarizing this and this is the important part, too. those friends of donald trump or folks who consider themselves his base. no area of the country will be untouched from the southwest where droughts will curb high dropower and tax already limited water supplies to alaska where the loss of sea ice will cause coastal flooding and cause families to relocate to puerto rico and the virgin islands. that's one paragraph of an analysis of a 1,600 page document. no one in this country, doesn't matter where you are or how rural you are or how much you don't like immigrants or women getting equal pay, climate change will find you. >> correct, correct. look, it's hard to know why. why did president trump send troops to the southern border ahead of the election? it was a political stunt. and this is, you know, part and

parcel of his strategy to divert, deflect, distract, deny. i think, you know, thankfully, the american people and i think that we saw this in the midterm elections, are starting to wise up to this foolish strategy that the trump administration pursued on every front. here it is playing out on climate change. hopefully the american people will wise up very soon on this issue because as the report indicates and as the ipcc report indicated just a couple months ago, we don't have any more time to waste on this, if we have to get moving. >> if we wise up, can we mitigate this? >> i think the impacts are here. no doubt about that. but we don't have any other choice than to try to mitigate this. what we've seen in california, at least, and in other parts of the country is that as we've begun to transition to a clean energy economy, one that is built on wind, solar, clean energy jobs, electric vehicles, that has been an economic

driver. that has created jobs. we have more jobs now in solar than we have in the entire coal industry. so, i think it's a no brainer. we've got these massive impacts. we have a huge economic opportunity. it's time to wise up and put people back to work in america fixing this problem. >> jake, good to see you, as always. >> thanks, ali. >> climate aide to president obama. president trump headed to mississippi. you might think those comments would virtually hand the seat over to her democratic opponent, but this is mississippi. what would it actually take to turn mississippi blue? you're watching msnbc. ♪

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next tuesday's runoff in the senate election between mike espy and cindy hyde-smith would normally be an easy one to predict, but the race is competitive after hyde-smith said of a supporter, in that comment and the fact that the republican candidate was very slow to walk it back, if you could even describe it as walking it back, it's got the gop in a bit of a panic with the party pouring more resources into a race that should be a

slam dunk. but even with hyde-smith faltering, espy would become the state's first black senator. he's still the underdog in a reliably red state. ron is in jackson, mississippi, and has the latest on the race. >> good afternoon, ali. you have the president of the united states on this next monday, the day before this runoff coming to town, not just for one stop, but for two stops. and then down in the southern part of the state. but also the rnc and the cindy hyde-smith campaign have now in the final week more than 100 staffers on the ground. this is not the typical scene that republicans are used to having to put together a field operation like this for a mississippi race. donald trump won it by 18 percentage points. but, ali, having the conversations with folks on the ground over the last several days has been a difficult curves to have because it is the issue with race, not only slavery, but

the jim crow era laws. mike espy went to a public school, 17 black students in a school of 800. for a lot of the individuals here across the state, the generations past, the racism of the generations past is still very much evident in a lot of forms of life here today. so, cindy hyde-smith's comments. many individuals say she maybe didn't intend to have them be so distasteful or have that conentation to them. at the same time, it's still very raw. this is a place that donald trump won by 18 percentage points and the question is, how many republicans are ultimately mike espy going to be able to poll off. a new tv ad released today and on the air waves here in mississippi from the espy campaign. >> we worked hard to overcome the stereotypes that hurt our econo economy. cindy hyde-smith so embarrass g

embarrassing. >> a lot of the comparisons we have been making in this race is to what extent are we seeing here in mississippi what we saw with doug jones, the democrat in alabama one year ago. i have to be frank with you at this point,an anecdotally over e last week a lot of republican voters in the state that we talked to that said they found cindy hyde-smith's comments inappropriate and ultimately when it comes down to it, they have every intention to vote for her because she is the conservative in this race. ali? >> i'll go one further. mississippi does not have a strong record of white people voting for black people. >> no. >> mike espy, i heard the number from you. mike espy would have to get a remarkable percentage of the white vote in order to defeat cindy hyde-smith. >> quite dehumanizing, i think to an extent, but in mississippi

a very real conversation, unfortunately, ali. one i try to avoid and putting into those terms. but the reality is, that is the case. they say if they get 95% of the black vote here which makes up one-third of the electorate, they need to pull off a quarter of white voters here in the state, which is quite a high number. mike espy will tell you back when he was a member of congress by the end of his last term, he said he had 40% of white voters voting for him. >> you spoke to people in his constituency when he was a member of congress. people happy to vote for mike espy despite they were republicans. this is a very cuncomfortable conversation to be having in 2018. but cindy hyde-smith made comments she would not walk back and now we dug up a history of her having these affiliations, i would love that we wouldn't have to have this conversation. >> and, ali, if i could say, we have not had the chance to talk

to cindy hyde-smith since she was in washington, d.c., a week ago today. she's not on the campaign trail again today. we are supposed to see her tomorrow. the rnc has 100 plus people out here. the candidate outside of that debate have not been seen on the ground unwilling to take more direct questions about that apology. president trump getting low marks in an area that dogged him before he move under to the oval office with nearly 60% of the americans disapproving of the way he handled race relations, according to a new quinnipiac poll. the only group to give trump a thumbs up on the issue are republicans. look at this, 76% of and white men are approving of him. 60% of white men think he's doing a good job on race relations. if any of you are in that category, please, tweet me. i'd love to have a conversation

with you. race became a major thing in the midterms. called andrew gillem a thief without any explanation. democratic candidate stacey abrams was unqualified and defendanted cindy hyde-smith who we were just talking about her public hanging comment calling her a spectacular woman. she is a spectacular woman and a spectacular long record of being on the wrong side of race issues in mississippi. trump singled out three african-american journalists. he accused abby philip of asking a stupid question. he said you ask a lot of stupid questions. asked a racist question and he called american urban radio networks april s april ryan n. raising doubt about his ability

to unite a divided ld electorat. in 2018, reporting on the runoff election in mississippi, no comfortable conversation. >> well, first of all, as reporters, our job is to actually report on what is reality and, so, frankly, we shouldn't be saying it is uncomfortable. it is a reality. i was in mississippi sunday. came back on wednesday. and the reality is, no other state in america where you had such a stark contrast between white and black. anybody who saw the debate tuesday night between mike espy and cindy hyde-smith, she pretty much read from this huge stack of notes and could barely say her name without reading it. second amendment, conservative values. but she wasn't addressing the actual issues. health care is an issue. but, see, this goes beyond the issue of race. it's also, frankly, ali,

democrats have got to stop being scared of white people. let me be real clear. let me say this again. democrats have got to stop being scared of white people in the southern states. democrats go, oh, my, we can't win alabama or mississippi, but they have to be frank with white people. they have to say to mississippi. 300,000 people in mississippi who do not have health care. so, mike espy is hitting her hard on pre-existing conditions. the affordable care act. democrats only want to focus if we could get some young voters and progressive voters. no, you have to tell broke, white people you're broke. if you guys want to keep voting for your guns, go right ahead, but your health care is jacked up. your education is jacked up. your economics are jacked up. so, i really hope that democrats get the message. they have to go into the south and go into these poor areas and not just talk to black voters, but talk frank to white voters and say, will you vote your economic interest? >> so, donald trump made this argument to black voters in

2016, not with remarkable success. he kept saying, hey, you vote for democrats and you're not getting enough out of it. you're saying democrats have to go to white voters, poorer white voters. you vote republicans, you're not getting enough out of this. >> donald trump kept saying that, but donald trump won't go sit down and, sure, he may sit with a handful of pastors here, but i'm talking about real substitative conversations. when he throws out, what do you have to lose. the reality is a whole lot you have to lose when you look at what his agenda is. but, again, when you talk about mississippi. mike espy can win in mississippi. >> tell me how. >> in a general election with 944,000 people who voted in the general election for espy, cindy hyde-smith and mcdaniel who is a third-party candidate. if mike espy get anywhere from

450,000, 500,000 votes, he can win. african-american turnout. 40% of all mississippi voters. that means a black turnout is around 90%, 95%. if he gets 25% of the white vote, he can do it. >> it did work in alabama for doug jones. >> barely. because of roy moore. >> because of the character that roy moore was, which was highly distasteful and the fact that black voters did go out and support doug jones. but doug jones had a lot of voter support. >> yes, absolutely. >> we're talking frankly today, you and me. can mike espy get enough of the white vote in mississippi or is mississippi not geared up to vote for a black senate candidate? is white mississippi not geared up? >> first of all, mike espy can. is it going to be hard? yes. which is why and what he has been doing. what he has been doing and going across the state, he has been hammering hyde-smith on health

care because of how mississippians are impacted by that. 1.5 million poor people in mississippi. you have poor children, poor white women, poor white men. so, what espy has been talking about is economics is health care. and, so, he is trying to reach them through their pocketbook. the difference here. as howard dean said in 2004. here's a piece. you can vote on god, gays and gun if you're poor and broke in mississippi but, you know what, when you don't have a rural tell me how your gun is going to help you if you don't have the ability to get health care. how are you not liking gays going to help you? democrats have to be willing to go into rural mississippi and literally look white, poor people in the eye and say, let me ask you a question. how has it been voting for republicans in this state, how has it actually helped you get out of poverty? answer the question. so, if republicans want to keep

throwing it in front of black folks' face, i dare say democrats should go into georgia, tennessee, alabama, mississippi, go into louisiana and go into those states and look at broke white folks and say, what are you going to do? you're still broke and you still have bad education and have bad health care. what do you have to lose? >> i appreciate you joining me on this black friday. i guess if you could just bring a little more energy next time you join me on tv. >> again, when you spend time, you do come back -- >> as well you should be. >> you come back focused on voting. so, mississippi, go vote. >> you and i have been friends for a long time. this is your passion. people going out and voting in their own interest. appreciate it. what an unusual name for a show. coming up, analysts expect for the first time ever. retail holiday sales could top

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shoppers used their smartphones to spend a billion dollars yesterday. online purchases totaled $3.7 billion. that's up 28% from last year. while all signs point to a high in consumer confidence. the organization for economic cooperation and development, that's the oecd, i like to drop that a lot, warns that trade tariffs and higher interest rates could slow economic growth. now, despite that ominous forecast, the solid 70% of americans said they are shopping today, i have even confessed that to my friend jolene kent who is in glendale, arizona, for us. she has her finger on the pulse of how people are feeling and what they're buying. >> yeah, ali, it's been interesting. i know you bought a belt and you made your contribution, but here folks are buying a lot more than just a belt for $20.99. people are forking out money by the hundreds. what they're really seeing here is a more enjoyable shopping experience and here's why. anecdotally experts across the

country and here at glendale galleria says it feels quieter than usual but the spending is up because so much in terms of discounts. so, you're seeing that both here at the mall in person and brick and mortar stores and then also seeing it, of course, online. some of those black friday online sales that have been stretched over a week or a couple of weeks and then into cybermonday are going to make up that critical difference. but if you are too lazy to go out shopping, i know a lot of you are. that's why you're watching us, you can still get really good deals on tablets and tvs and computers and apparel online. the average slashing for a tablet is 20% to 30% off right now. it's a pretty decent turnout if you don't want to come out yourself. >> tell me what, this spread between, i bought the belt online from my smartphone, actually. is that why we see a different look in these malls? i mean, we're reporting that people are spending and they're going to spend a record amount of money. doesn't feel as jam packed as it

has felt in prior years. >> yeah, certainly seems like mobile is the story here. more than half of the online purchases that we're seeing are happening on mobile. so, that's probably a good credit to some of the savvier apps that we're now using as shoppers in addition to mobile sites being a lot smoother and secure payment. >> good to see you, as always. continue enjoying your day and i hope you get to take advantage of some of those sales. up next, because some u.s.-based pharmaceutical companies are bribing doctors, people are getting sicker. the weakening of regulations is coming back to haunt us. i'll talk to the other of "the break." you're watching msnbc. and truecar shows the range of prices people in my area actually paid for the same car so i know if i'm getting a great price. this is how car buying was always meant to be. this is truecar.

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arabia. i don't have money from saudi arabia and there is nothing to do with saudi arabia. i couldn't care less. saudi arabia and i get along great with all of them. they buy up properties from me and they spend $40 million, $50 million, am i supposed to dislike them? saudi arabia, i like the saudis, they're very nice. i make a lot of money with them. they buy all sorts of my stuff and all sorts and pay me millions and hundreds of millions. >> i have no business whatsoever with saudi arabia. couldn't care less. >> i'm joined by republican strategist and former white house aide under george w. bush. joe, you know, this, the president in the last few weeks after the discovery of jamal khashoggi's death has drawn focus to whether he has business interests with saudi arabia or future interests with saudi arabia that he would like to continue to have after he is president because of the weird

behavior, right? this is reminiscent of what he did with vladimir putin. republicans and democrats agree that maybe something should be done in saudi arabia, but this guy insists that nothing should be done. >> of course. the president, the piece that you played at the very telling. obviously, and clearly a democratic-controlled congress is going to want to know more. and now they have the power to investigate. they didn't have that power before when the house was controlled by republicans but clearly they had the power now under democratic control to do just that. to investigate. to ask questions. to bring people to testify before congress and to get some answers. >> the president threatening possibly another shutdown over his funding for the border wall. a lot of what he's had to say in the last week has been provably wrong or nonsensical. but he talked about criminal justice reform. he tweeted and said mitch mcconnell and senator chuck schumer have a real chance to do something so badly needed in our country. already passed with big vote in the house. would be a major victory for all. every now and then donald trump

comes up with something that we say, hey, if you actually got that done, that would be a bipartisan achievement that lots of republicans and lots of democrats agree upon. what do you think about that? is that something they should concentrate on? >> it would be a good deal to get something done for the american people. at the end of the day, we shouldn't be partisan as much as we should be about getting things done for the american people who voted for it, democrats and republicans to do just that. i think the president and his core is not a philosophical person, not an ideologue. more transactional. so there's every possibility that he'll seek to get a deal done. the question will become whether or not he'll be able to get past the investigations that are likely to come his way this coming year. >> what do you think looks different come january? obviously a lot of people in this country angry with donald trump. democrats got a lot of votes, they got control of the house. what should they be doing now because there are people who want to see these investigations

into donald trump and there are other people who want to get on with the governing of this country. >> at the end of the day, i think americans vote for people to get the business of the country done. all politics are local. you want to see your local member of congress, the person you voted for do what's best for the country and to move the country forward. and -- but i think it's going to be hard as well for democrats to resist the temptation to investigate president trump, especially when you have all these statements and all these hot issues whether it's saudi arabia or whether it's the emoluments clause that may have been violated. all of these things are ripe for a democrat-controlled congress to investigate. but in the best interest of americans would be great if they were able to get some stuff done, actually to not give in to the temptation to just investigate alone. >> right. most people in the country said health care was their biggest concern so getting something done on that front or things to do with the economy might be as fruitful. joe, always good to see you. thanks for joining me on this good friday. >> thank you.

joe watkins is a republican strategist, former white house aide under george h.w. bush. the trump administration touts the fact it's urbired in a new era of regulation for americans. the trump administration has weakened our laws around corporate bribery, especially foreign corporate bribery. joining me is david montera, the author of "kickback -- exposing the global corporate bribery network." david, look, one of the things the president claims as great support, he claims this is why the stock market is up and business leaders tell me all the time how much they like the fact the president promised to roll back regulation and he has done so. you are saying there's a dark side to that. >> yes, corporations should not be allowed to use bribes, which are not only illegal but entirely destructive when they go and do business abroad. this has a terrible impact on the lives of citizens in foreign countries and very poor and unstable places. this is not a smart way to do business for american companies. but trump himself is an

outspoken critic of the law that makes this bribery illegal. >> nothing has actually changed of with that law. your assertion is the department of justice is simply interpreting it in a way that's allowing people to engage in corrupt practices overseas. allowing businesses in america to engage in corrupt practices overseas. >> that's right. and this isn't something that is necessarily changed under the trump administration. i'll come back to that in a second. but what we have is a regime in which corporations are punished for paying bribes abroad. that could mean colluding in a foreign election, bribing a foreign political party to sway an election. they do that, all they're ever held to account for is filing false paperwork. as a corporation, a publicly traded corporation, you're supposed to disclose the s.e.c. that you paid a bribe. most corporations are clearly not going to do that. no matter what they do, as far as the bribery and its impact, all they're ever held to account for is keeping false books and records. >> no underlying crime that

you're being convicted of or being tried for. there's an example in china, for instance, where big pharmaceutical companies routinely pay, based in the united states or in the west, use very low level but voluminous bribes to get doctors in china to describe their medicines. >> we're talking about the largest pharmaceutical companies. pfizer, glaxosmithkline. they go to china. thousands of reps. the reps bribe a doctor. prescribe my antibiotics instead of the competitions. it's kept pharmaceutical companies in the west in business when sales were otherwise declining in europe and the u.s. but the impact for the people in china is china has one of the highest rates of antibiotic resistance in the world. we've seen the rise of superbugs in china. we may think that's something the chinese people have to deal with but no super bugs travel across the world. just in 2016, the department of defense discovered one of the superbugs in an american

citizen. these kinds of bribes, they come back to haunt us in ways we wouldn't imagine. >> david, a great book and important thing for us to concentrate in these busy news times. important to look at with our influence on the world. david montero is the author of "kickback -- exposing the global corporate bribery network." and that brings it to an end for this hour. and the end of the week for me. we will continue next week with our coverage, though, of markets which have been very eventful in the last few weeks for the year so far on the dow and the s&p 500. you are in negative territory. on the nasdaq with tech stocks, you're up by 1%. you would have done better in a normal interest-bearing bank account. we'll talk a lot about that, the falling price of oil, the economy and all the news we've got to cover. i hope you have a beautiful rest of your thanksgiving weekend.

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♪ hi, everyone. it's 4:00 in new york. someone tried to teach the president a new word this week. decorum. a term that was very closely associated with every former american president except maybe nixon. here's donald trump trying best to use decorum in a sentence. >> decorum. yep, practice decorum. we'll have rules of decorum. you can't keep asking questions. you can't take three questions and four questions and just stand up and not sit down. we have to create rules and regulations. you have to act with resp