september night while the rest of the world was looking the other way. that's all for this edition of "dateline." i'm craig melvin. thanks for watching. good to be with you on this sunday morning. i'm i'm frances rivera at msnbc world headquarters. it's 6:00 in the east, 3:00 out west. here's what's happening. standoff, tensions are high after iran attempts to shoot down a u.s. drone. new analysis on where this could be headed. trump's warning. the new prediction from the president about what will happen to the stock market if he loses in 2020. four years after the escalator ride that changed america. why the president is rejecting the idea that polls show him behind in the race. plus, is the truth still out there? the president's take on ufos. what he says in a new interview.

new today, president trump preview his 2020 economic message as he starts to launch his campaign officially this tuesday. the president claiming that if anyone but him takes over in 2020, there would be a, quote, market crash the likes of which has not been seen before. but one new report suggests economists, investors and business leaders worry the trade wars could spark an economic downturn. meanwhile, with ten days before the first primary debate, my partner alex witt talks about how he plans -- >> i've been taking president trump on, on the economy. it's not as good as he's saying. just because the stock market is up and unemployment is down, manufacturing growth is not happening in places like the great lakes states. the shine is off the apple because the president hasn't delivered on any of this stuff moving the center of gravity to ohio shifts the democratic

brand. we have to move forward with a big agenda that will rebuild the middle class. >> in the congressional investigations of the president and his inner circle, this wednesday former white house communications director hope hicks is set to testify behind closed doors. one of the few democrats on the judiciary committee reviewing the underlying evidence of the special counsel says to expect developments soon. >> i can't rile talk about what i've seen, but i can absolutely acknowledge that it will help the investigation, which is why the justice department should turn over all of the information. they should do it quickly. we're making progress here. the pace is going to accelerate. that's what we saw in our committee last week and that's only going to accelerate with hope hicks coming before us this week. >> amid all of this, the president told abc news, he's been briefed about navy pilots increasingly reporting seeing unidentified flying objects. >> i think it's probably -- i

want them to think whatever they think. they do say, i've seen and i've read and i've heard and i did have one brief meeting on it. but people are seeing the same ufos. do i believe it? not particularly. >> that was mike viqueira. there's more of that wide ranging interview, more of the comments on 2020. what was the president saying? >> you're right, frances. four years to the day, june 16th after that famous escalator ride descending the escalator in trump tower to announce what really was a long shot candidacy, the race now is going to be officially back on come tuesday. was it ever off? when the president goes down to florida, orlando, florida and officially kicks off his campaign. he will have that campaign rally in florida. the polls at this moment don't look very good for the president, much as they did not look good for him at the outset of the campaign in 2016.

quinnipiac had that poll early last week that showed the president trailing by significant margins, as many as six democratic challengers. again, nobody gave him a chance four years ago. there are a lot of advantages to incumbency. the president has a whole set of different challenges now. here's a little bit more about what the president told george stephanopoulos about how he's going to approach this campaign. >> what's your -- >> safety, security, great economy, frankly, i think we're going to do tremendously with african-americans, with asians, with hispanics, because they have at lowest unemployment numbers they've ever had in the history of the country. i have no pitch. you know what i have? the economy is phenomenal, we rebuilt our military, taking care of our vets. doing the best job that anybody has done as a first-term president. >> he has no pitch. but the pitch is the economy is very strong. of course, the stock market has been on an upswing continuing from the obama years well into the trump administration.

one graphic we'll show you, we talked about the advantages the president has. no greater advantage than this one. $109 million the president raised since taking office, dwarfing what his two predecessors made. 11 million for obama, 2.4 million for george h.w. bush. that's something putting him on a firm footing as he kicks off his campaign in orlando on tuesday. >> mike viqueira for us. thanks for starting us off. david leventhal and jonathan allen, national political reporter with nbc news. good morning to both of you as we jump right into this. john, here we are on a sunday ending an exhaustive week of news with the president. how does this fit in the first term of donald trump as he prepares to announce his 2020 run on tuesday? >> frances, i think it's hard to distinguish a busy newsweek

these days. they all seem to be flooding at us. but the president is going to make the case that the numbers favor him heading into his reelection bid. unemployment is extremely low. the economy has been doing well in terms of growth. and the problem for him is no longer political numbers don't look so good. when you look at the matchups against democrats and head to head matchups in polls, they're not so great right now. when you look at his approval rating in various swing states, they don't look so good for him right now. i think the question will be, is the president going to be able to find a lot of voters or a lot of people who didn't vote in the last election who will come out to the polls and create a new universe of the electorate, one different than what we saw in 2016 to overcome the fact that he's alienated a lot of the people who did vote in 2016. when it comes to economy, dave, he can ride on that. the president is tweeting that the market will crash if a democrat wins. some economists suggest that

this run, it may not last until the election. he can't ride it on because of the trade wars here. >> just ask herbert hoover or jimmy carter or a few other presidents in recent u.s. history as to whether there's a direct correlation with the actions that a president can take and the way that the economy goes. the economy is its own animal. it will operate on its own terms. presidents can set policy and set direction and say and tweet lots of things, but ultimately, the markets are going to operate as the markets do. if there ultimately is a major market crash or otherwise economic problems in the country, any time between now and november of 2020, that's going to be a huge problem for the president. because whether he's saying he's running on the economy or not, that is the pitch that he's making to people that the trump economy is a great economy. so keep an eye on this. the economy is stupid, that holds true today as much as it did back in the 1990s.

>> so much can happen between now and gearing up to 2020. >> jonathan, you touched on the polls here. there are those conducted in march. he's behind former vice president joe biden in a number of key states. we have them listed there, pennsylvania, wisconsin, florida and trump leading by -- in texas. >> what's the take away from these early polls. at this point is this the democrats' race to lose. keep looking back at 2016 >> i wouldn't go that far, frances. i think that number one, we're very early in this race. number two, as i was saying a moment ago, the model for a trump victory is very different than what you would have seen in the past from a candidate. a model for a trump victory involves finding people who didn't vote last time. if they're able toe do that, we're not going to see it in polls we're looking at in polls in march, april, may, june, july, august. they are modeled on what the

turnout it look like in 2016, a little bit 2018, 2014, 2012, past elections and midterms. what will happen is if he wins, there will be a wave of people that were unanticipated. >> we know who his targets have been early on. we've heard attack after attack on joe biden. there was a new report suggesting that the trump campaign is also focusing on elizabeth warren. dave, does the campaign have internal polling suggesting that these two are the frontrunners now, biden and warren. >> i think we all have external poll showing elizabeth warren is on the upswing. that's somewhat remarkable given a few months ago she seemed to be in the second tier, third tier of candidates getting into the race. she's really stuck to her guns despite the president lamb basting her for months and calling her pocahontas as he often does. she's able to rise above the

fray and establish herself in the top tier candidates, even superseding what bernie sanders has been doing. it's incredibly early right now. we're eight months away from the first caucuses, the primaries in iowa. these are snapshots in time. kamala harris is running fourth in her own state of california. so these can be bellwether's canaries in the coal mine. any term you want. >> take rang of advantage of it especially before the debate we're hosting. ten days away. you know they're preparing for it. jonathan, you're right about the matchups here. which ones to watch. what are the takeaways there? what do we need to look out for? >> night one, you have elizabeth warren sort of versus the field, nine people as you showed a moment ago in the graphic. polling so far behind her. each one of them really is in a position where it's make or

break. they've got to have a real moment where they shine. now, that good news for elizabeth warren, she may be able to dominate that field. she's been doing well with democratic voters so far. the bad news for her, if she fails to meet that expectation. i was in south carolina yesterday talking to voters. the momentum for elizabeth warren is real. there's a lot of excitement behind her. even a lot of voters saying they plan to stick with joe biden say they've noticed elizabeth warren. i think that's a real thingment on the second night, slug-fest between the polls. joe biden, the establishment centrist, bernie sanders, the democratic socialist, expected to see some real clashing there. bernie sanders has been unafraid to take shots at joe biden in the way that other democrats have been wary to do. biden is going to have to defend himself. kamala harris running a little bit behind both of them.

>> i want to wrap this up with some reflection here. four years ago, guys, we know that right there, it happened, that escalator ride for the presidency. let's start with you, dave, how you remember that and fast forward to now. four years later. how unexpected it is, where we are today. >> back in 2014, donald trump attempted to buy my hometown buffalo bills and ran second. i think everyone was thinking wow, if you can't buy the bills, how will he win the presidency? of course he did. the most remarkable thing that anyone can do in politics is win the presidency. fast forward to where we are right now, you put up a graphic about donald trump's money. donald trump has been running for reelection since the day of his inauguration when he filed paperwork to do so. no president in the history of the united states has ever done anything like that. that's given donald trump certainly from a cash standpoint a huge advantage and he's had more than 60 political rallies ahead of this one in orlando,

which is sort of a ceremonial kickoff. make no mistake about it, he's been running for president for more than two years now. >> jonathan, did you ever think four years ago today that you would be saying the things you're saying now. what's coming out of your mou and what you're writing about. >> it would be more dull if i could anticipate what we'd be talking about in politics. that said, i went back four years and i think to myself, i would not have been able to anticipate the degree to which our politics have been completely changed and the discussion in our country about who the country is and what our values are has changed simply around a single political candidate, single president of the united states. i think there's a real stability for better or worse, this was a real stability around our politics for a long time and donald trump has tremendously and perhaps forever changed that. >> you can't help but think and wonder. four years from now, what is the

conversation going to be like? we can just imagine the case. to both of you, jonathan allen, david leventhal, as always, great to have you with me. >> thanks. massive protests are under way in hong kong, even after the government's decision to suspend controversial legislation that would allow suspected criminals be extradited to mainland china. janice mackey freyr is in hong kong where things appear to be growing. >> frances, there's no estimate on numbers i've overheard people say they think there are more people here than for the march last sunday which drew as many as one million people. people say that it's important now to come to the streets to show exactly how badly they want to fight for freedom of expression and autonomy here in hong kong. it comes after the government here decided to suspend deliberations in voting on a

very controversial extradition bill. that would effectively give hong kong authority the right to be able to extradite people to mainland china to face trial. this is, of course, a huge concern here. they say it violates hong kong's independent court system. they are now calling on the government here to not just suspend that bill but to withdraw it altogether and for hong kong's chief executive to step down. this is really highlighting exactly how concerned people are here with what's seen as an increasing tleet by china. this is the latest on a list of threats they've seen pro-democracy activists go to jail. they've seen legislatures, not legislators not allowed to run in elections. they don't want hong kong to begin down what they see as a very slippery slope to china

tightening grips. >> the hope is that it stays peaceful. now to the mueller report's underlying evidence. what to make of what house judiciary members have seen so far. future. ♪ so, every day, we put our latest technology and unrivaled network to work. ♪ the united states postal service makes more e-commerce deliveries to homes than anyone else in the country. ♪ because the future only happens with people who really know how to deliver it.

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this is somebody who said we have information on your opponent. oh, let me call the fbi. give me a break. life doesn't work that way. >> the fbi director says that's what should happen. >> the fbi director it wrong. >> the president doubling down on his comments to welcome interference from a foreign country. this comes -- former law enforcement officials and democrat. congressman mike quigley told alex witt yesterday, this is a new low for the president. >> the president of the united states to say it's okay to get information from a foreign adversary who would benefit from his candidacy and accept that and say that it's okay, we've reached a new low. it's wrong to do what he's suggesting. it's illegal. finally, in a perverse way, perhaps what he's doing is defending the actions of his son. >> joining me now is msnbc's legal analyst danny saah val a. good to have you with me here. you have the president trying to clarify his comments saying he

could look at the information to determine whether it's bad. then you have the chairman of the federal election commission saying it's, quote, a matter of black letter law. why is the president saying these -- these comments open up to another investigation leading into 2020. >> yes. the magic words are really anything of value. anything of value that comes from a for pren government, including things like pamphlets from canada for elections. things like that. they may not seem to have monetary value. anything you receive from a foreign government or a foreign official in a campaign is bad. it's illegal. on the other hand, trump knows at this point that he's got what he thinks is a clean bill of health from the mueller report. so he speaks in these hazy hypotheticals. if norway approached me and they offered some opposition research, of course i would consider it because he knows this is all hypothetical speak. he's not actually violating federal law by talking about that in a hypothetical way. in reality, we know that,

because this was such a close call, that there was so much resources and investment of government time investigating whether or not this was a crime, that president trump knows if this really came about again, this opportunity came up again, he would have to think very carefully knowing what he knows now and what he probably didn't know then. >> you heard there congressman quigley say that the president may be defending donald trump jr. and there's a new political article saying if trump answered differently it would have been, quote, read as a confession that he and his son did something wrong in 2016. how do you see the comments? do you see them that way? >> exactly right. once again, trump is an expert at avoiding answering the question with any hard evidence. he immediately pivots into hypotheticals. he pivots into using words that

qualify. oh, i don't know, maybe, we'll see. always a trailing at the end of every sentence. this is something that trump has excelled at over the last couple of years and we've seen him develop this, that he really never commits to anything in an answer. so surely, even in an interview or tweets which are misspelled and seem nonsensical, he's careful to not commit to anything in any of his answers. he surely was aware of that while he was being interviewed. he may not understand the federal law about which he's speaking, he knows that everyone will scrutinize his words for a commitment. >> when it comes to the mueller report, daniel, i want to ask you about that. you've heard it called for the redacted portions, the underlying evidence. alex witt spoke with one of the first lawmakers to view the underlying evidence in that report. he said the he have evidence will help in their investigation. let's listen to that. >> we're making progress here that pace is really going to accelerate.

we have the mueller report. now we're going to start hearing from and talking to the subject in that report so the american people can see firsthand and hear firsthand all of the ways the president acted to obstruct justice. >> what would you expect to be in this underlying evidence that was redacted? what would you be looking for? >> we have to take a step back and we all have to agree that complete transparency in government investigation is not an absolute good thing. the government has to protect things like sources and unreliable information that didn't ultimately make it into the mueller report. that is part of the body of evidence that congress is seeking to look at now. some of it may not be of any consequence. other evidence, for example, voluminous notes taken by different members of the trump administration, may prove supremely embarrassing even though they may not have gone to anything the mueller team was actually investigating. these are all important considerations. generally speaking, the redacted

information can and should include law enforcement information, something that might compromise an investigation, source information. these are all things that have to be safeguarded and in some instances, complete transparency, it's not necessarily a good thing. >> all right. danny is he vallos for us early this morning on your first father's day. special for you, danny. thanks for being with us. >> thank you. now to the nbc news series, my big idea highlighting proposals in the 2020 democratic presidential candidates. this morning, harry smith is told about his big idea for our nation's children. >> my big idea is universal prooem for 3 and 4 -- pre-k for 3 and 4-year-old. >> what does that mean? >> to make sure they can start with a great public education. >> elected mayor of san antonio at just 35, julian castro gave the keynote speech at the 2012 democratic national convention. >> thank you.

>> he later became secretary of housing and urban development. >> i see universal pre-k as a key ingredient in making sure that the united states is the smartest nation on earth. >> we met castro at dartmouth college, which just happens to be in new hampshire, where the first primary will be held. >> i'm a proud father of the public owe pro duct of the public schools. my dad was a public school teacher for years. >> voters in san antonio agreed to raise taxes for universal pre-k, which is free to low-income families. what he wants now is free pre-k for all 3 and 4-year-olds nationwide. >> what's the price tag? >> well, in 2012, president obama proposed one version of universal pre-k and the price tag would have been about $75 billion. it does cost to invest in great education for 3 and 4-year-olds. but it's a lot cheaper than a year of prison.

>> an investment in universal pre-k. that's julian castro's big idea. harry smith, nbc news, hanover, new hampshire. >> for an extended interview with all the democratic candidates, go to nbcnews.com/my big idea. now that the united states has blamed iran for the tanker attacks, what's the united states going to do about it? that's next.

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this morning's headlines. the phoenix police department is being sued for $10 million after a shoplifting incident at a dollar store last month. officers are accused of using excessive force by drawing their guns at a pregnant mother and her two daughters and for beating the father. the parents say they weren't aware their daughter had taken a doll. officers say they feared the mother was reaching for a weapon and they're now under investigation. this should be a lot of fun. i got a little getting even to do. >> on the same week of the 25th anniversary of the nicole brown simpson and ron goldman murders, o.j. simpson joins twitter. simpson was charged and then acquitted of the murders in 1995. in 2007, he was convicted on unrelated armed robbery and kidnapping charges and was released from prison in 2017.

the 71-year-old has more than 400,000 followers since creating the account on friday. > ♪ >> wearing hard hats, the archbishop of paris, priests and faithful celebrated the first mass at the notre dame cathedral saturday after the destructive fire in april. the french culture minister says the church remains in a fragile state, especially the ceiling which is still at risk of collapsing. reconstruction is on hold until all the rubble is cleared. investigators believe the fire started because of a short circuit near the electric tower bell. new today, more details from u.s. officials on claims that iranian backed forces shot down one u.s. drone over the red sea and tried to shoot down another. it is the latest in a string of allegations against iran following apparent attacks on norwegian and japanese tankers in the gulf of oman.

officials including president trump blaming iran. new reaction from both sides of the aisle. >> how surprised would anyone be that john bolton would on a unilateral basis get us into a war with very, very questionable intelligence. >> they're hurting. they're trying to break our will. to president trump, do not electric them take over the straits of hormuz. keep the pressure on. if they continue to do this, sink their navy like ronald reagan did in the '80s. >> we have the latest with courtney. >> what are you hearing from the u.s. side? >> we're hearing about this -- a little more detail about the two u.s. reaper drones targeted by what the u.s. military say were iranian sources. the first one you mentioned, frances, was shot down on june 6th near the red sea. it was destroyed.

the second one was actually responding to the tanker -- after the first distress call, the reaper came on station, it arrived about eight minutes after that call. and then about 25 minutes later, an iranian surface-to-air missile targeted the drone and missed it and splashed down in the water nearby. this comes as we saw our first images over the weekend of one of those damaged tankers arriving in port in the united arab emirates. the crippled japanese tanker courageous arrived in port in the united arab emirates, towed there 48 hours after it was attacked with explosives in the gulf of oman. the u.s. believes iranian boats placed mines on the courageous and another ship, the motor tanker. iran denies being involved. the u.s. now saying two u.s. military reaper drones were also

targeted by iranian forces. the first drone shot down by iranian-backed rebels near the red sea. the second reaper was targeted by an iranian surface-to-air missile. it missed, splashing down in the water below. nbc's ali arouzi is in tehran. >> iran is blaming the u.s. for destabilizing the region warning if the status quo continues, it will roll back its commitment to the nuclear deal by next month. tehran also relying on support from russian president vladimir putin who praised iran at the meeting alongside rouhani. calling their relationship multifacet add and multilateral. >> last month the u.s. military sent the u.s. carrier abraham lincoln, b-52 bombers and other military assets to this region. but the lincoln, the most visible u.s. deterrent at sea

was in port in oman when the tankers were attacked. >> reporter: so as we said, the tanker courageous was in port over the weekend in uae. the other tanker held up by iranian boats, toeing it back -- from towing it back into port. we learned that the tugs were able to link up with it to begin the tow process back into port, but in the process of both while they were waiting to get access to the tanker, the damaged tanker, u.s. officials say that iranian military were able to get on the tanker, which begs the question were they able to get access to any of the forensics evidence that might prove who was behind this attack, frances. >> one of many questions still out there. courtney, thank you. joining me now is a columnist and member of the editorial board at bloomberg.

his latest article went hard enough and you can see the outline of the strategy that ends in negotiations. bobby, let's jump in. you're saying this is not a march tour. it's brinkmannship. how so? >> there are several things to consider here. the last time iran came to any negotiations with the united states leading up to the nuclear negotiations, they had something to bring to the table. they had the nuclear plan, they had something to give up in exchange for getting sanctions released. they need something to bring to the table. you don't go to a country like iran, you don't go there in a position of abject -- in an abject position. you want to have something to say and okay, i give this up in exchange. you give up those sanctions. iran doesn't have anything like that to give up except for the threat it poses to international shipping. it has now attacked the american officials and other officials.

it's believed they've attacked six different tankers over two months. that's a very clear message. it's only a possibility. it's possible they're building up an argument that they can bring to a negotiating table and say, this is what we will give up in exchange for some sanctions relief. >> on the other side, what will the united states give up, i want to bring up what president obama, state department spokeswoman said about sanctions and the campaign here appears to be going nowhere. >> sanctions also aren't a tool in and of themselves. they're a means to an end. i don't know what the end game is for the trump administration. you can put pressure on iran. we did that with sanctions. but it was to get to the goal to prevent them from getting a nuclear weapon. >> you were talking about what iran brings to the tablement talk about president trump. will he eventually have to give

up something to get iran to negotiate a new deal here? >> that's the problem with this particular add mrngs. it depends who you talk to in the administration. there's not a unified voice. some people, like the national security adviser talking about regime change and then you hear from the president himself and secretary of state pompeo saying we're open to negotiations wout pre-conditions. i can imagine if you are in tehran, it's a little hard to know who you're going to believe. the president has said he's open for negotiations, but then he always qualifies himself by saying, doesn't look like they're ready for it now, we're not ready for it now. this is the problem. i disagree with her about sanctions. i think sanctions are better than the other alternatives in this respect. the other alternatives are simply allowing iran to continue its murderous behavior in the region. but there has to be a consistent

message as to be -- i agree there has to be a clear goal set out saying the sanctions are designed to prevent this bad behavior. once you stop this bad behavior, then we talk about negotiations. >> bobby goesh for us. helping us break it down. appreciate it. >> any time. from writing off student debt to the bitter pill americans living in floodplains might have to swallow. hear from the candidate, next. ♪

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there are ten days left until the first 2020 democratic debate. the candidates have been busy this weekend. here's our roundup of what they've been saying on the campaign trail in this week's sound check 2020. >> they may hate democratic socialism because it benefits working people. but they absolutely love corporate socialism that enriches trump and other billionaires. >> democrats must say loudly and clearly that we are not socialists. >> i think it's hard to just write off the student debt. why don't we write off the national debt at some point, right? i definitely think we should make college more affordable. free community college. >> should not be insurable because they'll be devastated over and over and over again. [ inaudible ] resources in a place that we know is going to get flooded every five years.

that's going to be a really tough pill to swallow for some people. that's the sort of decision you have to make. >> we demand more from the donald. we demand more from the white house. we demand more from the congress. everybody has to step up and get this done. >> nobody should work full-time job in america and live in poverty. that's outrageous. you talk about the minimum wage was started, my dad was above the poverty line. that's just not right. >> that's true whether you're working in an office building or a hot kitchen or working driving an uber, because that's work, too. everyone ought to have 15 and a union as a floor, not a ceiling. >> i fear that someday soon we may receive news of the first u.s. casualty of the 9/11 wars who was born after 9/11. democrats can no more turn the clock back to the 1990s than republicans can return us to the 1950s. we should not try. >> china poses real challenges

to the united states. in some ways a real threat to the united states. if we invest in our people, live our values and work with our partners, we can out-compete china every single solitary day. >> now we have some debate coming up, right? and mayor pete and i are looking very forward to them. going to be a lot of fun. >> i'm going to figure out what it's like to only be able to talk for 60 seconds, then you got to quit. >> i'm going to make the case that i know better by my own experience dealing with donald trump for decades how to take him on, how to beat him. >> yeah. >> thanks a lot. >> yeah. >>. [ inaudible ] >> good to meet you. we'll see y'all.

thank you. take care. >> run into an old schoolmate there. >> on the campaign trail today, beto o'rourke is starting the day at a series of events in south carolina. four years later, how that slow ride down the escalator may have changed american politics forever. ♪ ♪ ♪ not this john smith. or this john smith. or any of the other hundreds of john smiths that are humana medicare advantage members.

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four years ago today, donald trump stepped onto this escalator in new york's trump tower and began a ride that is still changing american politics. that was when he made his presidential campaign official, surprising critics and even his own advisers with his success. here are former cruz campaign manager rick tyler and trump adviser sam nunnenberg. >> i remember that well. i was in the headquarters and we were of course watching the announcement with the cruz campaign. and i can remember, we burst out laughing hysterically when he came down the escalator, because it was just a symbolism of we're going down. it's something you wouldn't normally plan for. >> he said to me, "where do you think we're going to be after i announce?" and i said, if we're not number two in the teens, we have a problem. we were number one faster than i thought. >> all right, we'll stay on memory lane with progressive

commentator and radio talk show host rashad richie and ceo of american majority, ned ryun, former presidential writer for president george w. bush. so, guys, it was really, in the world of politics, one of those where were you when moments here, ned. so, what were you thinking when you watched this scene, that escalator ride four years ago? >> well, i've got to tell you, alex, for me, the moment came a few months before that. i was at cpac in d.c. february of the 2015, and i ran into don mcgahn, who's been a buddy for a couple decades now. and i looked at him, and he was with trump, and i looked at him, i said, "is this for real?" and he said, yeah, i signed on with him a couple weeks ago. it was at that moment that i realized that somebody of don mcgahn's stature was signing on with donald trump, this was a very serious effort. and then again, when he came down that escalator, i was like, here we go, this could be a very, very interesting time in our american politics. i'll tell you what, it's been quite a ride. >> it has been quite a ride from the escalator ride into the four

years later on the ride that we're all on now. who knew we would have to strap ourselves in even tighter? rashad, looking back at that moment, can you better understand how we got here? should think been more predictable than it was? >> well, frances, back during medieval times, you had a character called the jester. the jester was in charge of basically entertaining the kings and the noblemen. the jester was an entertainer. trump was an entertainer. so, he came down that escalator in trumpian fashion as a jester. we literally made the jester king in the united states of america. once he became president, or "king," he did not shed his jester ways, but he remained as the entertainer as president. now, look at what he's done to republican politics. they are no longer the party of the fiscal conservative. they are no longer the party of family values, because when you're the president, you become the standard bearer for the political party that you represent. unfortunately, trump has been

unable to bear that standard. >> well, ned, the jester ways, as rashad is putting it, how do you see it, jester ways, now with this jester becoming king? >> you know, i look at it as somebody actually coming forward and saying, okay, we're not going to be completely -- it's not about republicanism, alex. this is the thing that i think has shocked a lot of people where donald trump came from outside of the movement, came from outside of the republican party and he came in and he actually advocated for things that a lot of the american people -- obviously, a lot of the american workers believed in, especially in the rust belt. and i look at it as somebody that's finally saying, you know, this isn't about republicanism, it's not about democratism, it's about americanism. how do we actually benefit the american worker? and i keep on telling people, if you think donald trump is interesting, i think he's just the first iteration of a movement that is building across the country in which people are saying, when are we going to actually have elected officials that advocate our values and things that benefit us, whether it's jobs, whether it's trade deals, whether it's immigration,

all of these things? and so, i tell people, prepare for more outsiders in the future. you're going to see more of them. >> wow. i want to talk about this specifically, since you know, those moments and those jester ways, as you call it, rashad, coming up with these new controversial remarks in the president's interview with abc, including comments on accepting dirt from foreign governments and donald trump jr.'s handling of the email that led to the june 2016 trump tower meeting. let's remind our viewers and listen. >> should he have gone to the fbi when he got that email? >> okay, let's put yourself in a position. you're a congressman. somebody comes up and says, hey, i have information on your opponent. do you call the fbi? >> if it's coming from russia, you do. >> i'll tell you what, i've seen a lot of things in my life. i don't think in my whole life i've ever called the fbi, in my life. you don't call the fbi. you throw somebody out of your office, you -- >> al gore got a stolen briefing book, he called the fbi. >> that's different, a stolen briefing book. this is somebody that said we have information on your opponent. oh, let me call the fbi. give me a break.

life doesn't work that way. >> all right, so we know the words from the president, rashad. he said he'd take it. so you know, when it comes to that information, who's wrong here, the president? is the fbi director wrong? how do you see it? >> the fbi director is correct. if trump comes into anything of value to his campaign from a foreign entity, he's supposed to report that. but trump is right -- who calls the fbi? well, criminals don't call the fbi. and it seems as if trump is admitting to criminal behavior, especially if he takes that from a hypothetical and applies it seriously. but look at the polling data now. polls are not predictions, but they are snapshots. here's what clinton, hillary and bill, obama, and al gore have in common -- they've never polled above a republican in texas. you right now have joe biden beating trump in texas and ahead of trump by 13 points nationally, 8 points in texas alone. this is translating bad for the

president of the united states, and if he doesn't get it together, and we're talking about his messaging -- >> all right, we're running out of time. i want ned to jump in quickly. how do you see it? how damaging is that to the republicans? >> well, i think we actually now get to talk about hillary clinton and the dnc paying an ex-british spy for russian information and the dnc solicit taking information from the ukrainian government, so we can have that conversation as well. >> i wish we had more time for it, but unfortunately we don't. thank you, rashad and ned. i appreciate it. >> thanks, alex. >> thank you. they are called the lost generations of americans. coming up, who they are and why their troubles could have a detrimental impact on the u.s. economy for decades. a detrimental imctpa on the u.s. economy for decades. ♪

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