because there was ongoing terror of battle with that country what does this mean for our economy and what if any effect might this have on the presidential race let's talk about that with the always outspoken ron paul former republican congresswoman from texas he made 3 bids for the white house twice as a republican and once as the libertarian party's presidential nominee he's the host of the ron paul liberty report. and he joins us from lake jackson texas 000. 00 mantle is the delays that sends terrorists wait till around christmas just in case a bite have been employed people you think. well it was the right direction to go and it gave a big boost for one day in the stock market but it in the next day when it settled down there were still a lot of tears to deal with there are still a lot of problems with china so that isn't the solution the solution would have been much simpler in that they were never started the that they never started this

trade war that's where the problem is but there's been more in the news now and i bet on one of our programs i priority emphasize the point that china doesn't pay these terrorists they are our consumers pay it and that's waking up but i think what would get trump's attention. would be maybe how he's looking for the polls i know he he already is prepared for an economic problem because he set the you know the fed up and said with all the fed's fault they're doing this and manipulating things so but i think it was pure image from a weakening economy but i don't think he's given up you know on tariffs and he's still going to pursue it but i wish he would take a position that a tariff war is of no benefit to us or to anybody and problems with other countries should be worked on a different manner concerning the hung tongue thing in keeping with his american

1st strategy his generally stayed on the sidelines during this turmoil in hong kong he said quote the hong kong thing is a tough situation we'll see what happens but i'm sure it'll work out house speaker nancy pelosi says if the united states does not speak out for human rights in china because of commercial inches we lose all. these stand. well i i can't grab hold of either one of those positions because i may have. you know a complain about what they're doing in china and not following the rules as far as you know human rights go but i also look at this as a libertarian that no matter what goes on there we in the united states we don't have the moral authority to think that we can go in and lecture and change that but the other part of standing by not paying attention is there have been rumors and pretty good indication at least we're paying close attention are cia's been spotted

you know in hong kong and no matter where there's a revolution starting or stirring were there because we have a lot at stake there are some who would extend that concern to the point where this is sort of an attack on china as well if that is the case that would be foolish and also so i think we should stay out of it we shouldn't be is involved in a trade war and yes there's probably a lot of people in hong kong who remember the days when they were independent from china and that of course would be the best thing and that's what i would argue for but i don't think that we should be in the business of regime change no matter how well intentioned we are and we say boy if we could just make china like hong kong was over those years when it really served a great function and they were very very wealthy following proven free market principles they set a good standard but i think the best thing is the libertarian approach stay out of

a business that we have no nothing to gain by getting involved you know then of the civil reserves. in the frequent critic as well as you said we will witness the as days of the said what's the end game. well the end game is going to be chaos and it will be messy the best way to have done this would been to pursue the ledger . slate approach which i attempted all along 1st get it audit and then change it and take away this power that the fed has to manipulate the currency in interest like what we're facing today as a result of the fed and people are waking up to it and when i 1st went to congress in the 70s the federal reserve was not of much interest to anybody but now it is especially after our last recession which i think is a continuation still going on more people are looking at the fed and i think when this downturn in the market really hits the fan is not going to get off easy and i

think a fed will self-destruct right now i think a significant day in monetary history happened about 2 weeks ago when they had a fed meeting and they came out and they said well we're going to do what trump wanted we're going to lower interest rates quarter of a point and that is in the old days it was oh yeah they're doing that they're going to lower rates and we want lower rates it didn't do any good for about an hour it looks like it was and then it then it is a realization was this isn't this isn't the answer they can't do it they're running out of steam is they're running out of plans and i think eventually they'll be people looking elsewhere and internationally they are they're looking at other countries for other reserve currencies you hear about crypto currency and you see gold gold is one of the best measurements of a currency and of course gold is very high indicating there is something wrong and how it will evolve exactly nobody knows exactly but i think we will will really lose the reserve standard and that will be

a big deal and something we'll have to replace said in the meantime you know there may be more arguments for protectionism because it will be disruption in trade and people then want to protect what they have and of course the libertarian argument is that the more you restrain trade and travel the more likely you are you're going to see soldiers crossing the border so there's a very important issue we should. deal with in may present it is. by far the very best candidate you said in the presidential field. yeah stand 5 the big reason is obviously for the foreign policy because she talks about nonintervention she has the military experience and i was one of the few candidates when i ran i had military experience when the others did not and yet they were always the experts and and she's good on her feet and she knows the issue of course a good progressive democrat will agree a lot with with

a libertarian you know on civil liberties and on foreign policy we have to work at it to get along with people who want more economic interventionism and but i i found that not too difficult because i worked a lot with dennis consented to another progressive and she's somebody that i root for because she's sending out a message there but i think she will face a tough haul even if she may be maneuvering to be vice president i think the deep state of people who don't want to be pointed out just think how much green republicans are with the democrats then the democrats nor the republicans are saying you know really really need to do something about the federal reserve and neither side really cares about the deficit and i don't think either side even though trouble mentions that we need to bring our troops home and tulsi mentions those things i think she's a very valuable candidate. is already. a similar time and some texas

texas seems to be a state they'd overall can close to beating ted cruz do you think texas could go democrat. oh i think eventually will whether it's going to happen this time or not we don't know but the demographics are changing and some people make a false assumption and i don't make and i say oh hispanics are moving in so. we're all going to be democrats and i think democrats believe that and they're encouraging it but you know long term there's been minorities movement in this country is different groups and different people from different countries and they were considered outcasts and they all be democrats and so to me the answer is have the immigrants come in i know a lot of hispanics who have jobs here and on businesses and they do very well and then they may accept the free market approach i mean i don't know why they shouldn't have it but right now it's in flux but i think the direction is that there will be more hispanics voting and there will be

a possibility that this state will flip to democrat i don't think it's going to happen next year a little. made in the past are you opposed and i can't believe this are you opposed to include. the 2 would be. with but shit. i'd be very careful about that because you know they do that a lot there's a lot they said doesn't change the statistics at at all and if you take if you take your last couple years i don't know how many times we've had mass killings maybe 345 that really were big and significant and dozens if not hundreds have died where you have maybe 30000000 people who own guns that never do anything wrong and you're going to take away their civil liberties it's sort of like the t.s.a. you know we have a bunch of mobsters you know commit you know 911 and who has suffered the most the

american people our civil liberties were taken away but the people who own guns if you take those millions that have guns why don't we check and find out why how many crimes they prohibit it that might be significant but for somebody that is a known individual that is on medication you know one of the things that should be a really check carefully is the. they use the misuse. of psychotropic drugs these anti depression drugs many of those kids when i did this shooting had been on those drugs and they are they're put on them too much and sometimes they're put on you know for schools present while this kid is hard to get along with him and they say he needs some medication put him on drugs they're the ones who very often commit these crimes so i would think that they are he has to be looked into but as a civil libertarian you would take away their right to only to. who the people who. don't think. if it's if

it's if it's very obvious we take the way the civil liberties of people when we find out when we find out that there are committed a crime we take away their civil liberties if they drive cars and kill people with their automobiles you know things like that so yeah there's no absolutely you can't regulate civil liberties when a person becomes violent but for a libertarian you know any time you suggest a regulation we're looking at that is when somebody has has committed an act of violence or or is inciting a riot or something that's about the only time you do that but most people believe it or not i still come off pretty optimistic even with the mess we have most of the people i've met in my lifetime or pretty decent people you know i've. met a lot of people in medicine my neighborhoods government and even the politicians most i'm a pretty nice and i wasn't threatened by them but we act like we have to take away

those liberties and regulate the liberties of the people who have common cause no harm so our rule as a libertarian is there's a line drawn don't commit force don't ever commit aggression. it's. time today. you had larry good to be with you. to the break. aeroflot russian and lights. you know world of big partisan movies a lot of things and conspiracy it's time to wake up to dig deeper to hit the stories

that made history media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bats and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. aeroflot russian and lights.

with the principals to see me for. myself for sunday and this is the roles canvassing board member said for the most historic of a. lot of fellow buffalo buffalo ny am.

ok seeing that guy knowing that the bios to look at them what are you funniest blowing. smoke but just just the fluid souls when. you were born you're. welcome back to politicking lots to cover a with a political plan and who insults about the tummy and what that means for the campaign trail leading into 2020 political tell most amy holmes joins us from new york we thank you so much for the sitting in on the show and in washington bill

press for aggressive political commentator and host of the hard cash to the bill press. in the book trump though thanks to both being with us ok emile start with you worried about the me economy gauging the bond markets which investors demands for interest rates suggests a recession do you see here that for the republicans well i don't have the expertise to be able to tell our audience whether or not we're going into a recession i know that c n.b.c. has been reporting on this and one of their economic analysts he warns that it's not so much the economy the u.s. economy but what's happening outside of the u.s. and that possibly europe and china are already sliding into a recession as we know it's the economy stupid i mean that was the big insight for bill clinton's campaign back in 1902 and how he was able to make george bush sr

a one term president this is you know economic developments in an economic downturn so it's should certainly worry the republican party going into 2020 bill how big is this for president from. well 1st of all i think it's a worry for all americans look we've been on an 11 year high. steady slow but steady recovery under president obama and president trump that's been good for the market good for all america for for i say most americans and i'm not really i think it's time for panic i mean on tuesday this week the market went up on wednesday it went down so you know that's the way the market fluctuates but let me say this larry that right now this economy i think is the strongest arrow in donald trump's quiver for 2020 if the economy stays strong it's going to be hard to beat donald trump because that economy kind of overshadows anything else people may not

be really happy with immigration or climate change or whatever but if the economy does sour if the autonomy tanks that's real trouble for donald trump would you say the trump is in a good spot not good but somewhere in the middle amy. well there have been polls out in the last month or so that show that it was when it comes to donald trump's approval he did about the same spot that president obama was at this point in obama's term so you know politics were very very far away from november of 2020 so many different things can change another you know potential spot that donald trump really needs to be concerned about is what's happening to farmers in the midwest where donald trump did so well in 2016 and was able to you know knock down that blue wall that hillary clinton was relying on while farmers are getting hit pretty hard by the china trade war they're being subset they're getting subsidies from the government to offset their losses but if they sour on the president this could be

a lot of trouble bill you've been very critical of them do you see a return reelection. do i fear it yeah in a big so no in a you know no no absolutely in a big way i thier for our country i fear for all of us as americans were donald trump reelected but look i keep telling my democratic friends don't take for granted that he's going to be a one term president he's a very crafty politician and he's and he's going to be tough to beat no matter who the candidate is i want to pick up on what he said because i agree with her and that's the thing about these tariffs you know i think one thing on the economy that makes wall street nervous is the uncertainty and on these tariffs i believe tariffs are bad for the american economy they're certainly bad for american businesses bad for american workers they're bad for american consumers and donald trump one day the tariffs are on the next day the tariffs are off. and i think in effect this

week he admitted that he was wrong when he said the terrorists were only going to hurt china china was going to pay he back down because somebody maybe larry kudlow convinced him that it's american consumers who pay the price for these tariffs and he didn't want to go into the christmas season with people paying more for cell phones or cameras or whatever because of his tires amy you think the guy or the girl on the street understand what tires are all about. i don't necessarily think that they know what they're all about and certainly not even a lot of politicians understand what they're all about and who suffers and who pays and of course it's the american consumer you know what american super's do you know they know when like as bill is mentioning when they're when the i pad is a lot more expensive to be able to give to one another for a christmas gift they know when they go to target or wal-mart when prices have gone up on chinese imports so they take notice this is one of those you know it hits the

american consumer in the wallet kitchen table types of issues and where we you know we talked when donald trump 1st proposed the tariffs and then imposed the tariffs that. the political time line for the united states is much much shorter than it is for china china is a one you know one party communist rule that crushes dissent sends political dissidents to goo eggs and prisons their timeline is much longer so playing a game of chicken with china that was always going to be a gamble. politically though are you shocked the new polls show that some of the elizabeth warren surging into a statistical tie with joe biden. no i'm not shocked at all i think elizabeth warren has had a good last couple of months actually i'm also somewhat surprised that joe biden despite some flubs along the way and despite is a despite people saying you know he's yesterday's news that joe biden has stayed basically in 1st place all the way until now look you know the

democratic primaries are just come on in the water's far right so we've got 2324 candidates are coming up to the 3rd debate there's still basically the big 5 of joe biden and liz with warren and bernie sanders and people to judge in common iris but there are others who are close to breaking in there and i think it's going to be until maybe the 3rd or 4th debate before we get down to the the final 5 or 6 amy as a republican analyst. the democrats you see in the most. well as a conservative independent i would say that probably the strongest candidate still at this point against president trump would be vice president joe biden for his sort of broad appeal now elizabeth warren i've got to tell you larry i was surprised to see this latest poll that she might be you know dead even with joe

biden elizabeth warren she's a coastal candidate from massachusetts we know that massachusetts candidates don't tend to do well in presidential elections like michael dukakis or even mitt romney and elizabeth warren she has a lot of the baggage that hillary clinton did in terms of her demographics and does she appeal to african-american voters in the democratic party and the democratic primary that's surprising to me that she might and let's remember when she 1st launched this campaign larry bill it was a disaster it was that d.n.a. flop where she proved that she was less native american than has donald trump said himself she got the nickname pocahontas she'd been carrying that around for quite a long time i'm very surprised that she's been able to recover from that and actually thrive and succeed the question is of course for democratic voters in the primary does she look like the kind of candidate that can beat donald trump in the midwest with you know white working class and blue collar voters out there if i could just as

a bit of go ahead i'm sorry i just want to add that building what i mean said the gift i think elizabeth warren really has demonstrated and i didn't say i hadn't seen this before is that number one she's she's the master on issues and she really understands them and she can explain them in ways that your average audience and town hall can get and understand so she's been a proven to be a very effective communicator i believe as a political progress political commentator do you think for her. you know me i'm in the position of anybody who can be tough. to be honest bill i think a lot lighter crowds are the same position. i think exactly so you know i'm watching i'm watching the field i haven't endorsed anybody yet but i again i have been impressive to me and i think i said this on our show here before that i thought the 1st primary within the primary was elizabeth warren versus bernie sanders for the progressive lane and it looks like elizabeth warren has succeeded in moving

ahead bernie sanders in that lame bill i'm agree i'm sure you'll agree that it's the it's 5 states that win the election. because i can predict this election before it starts and tell you that trump's going to win i don't trump is going to win this is the and button's going to win new york 10 and that's a given can recapture pennsylvania ohio and iowa. again i want to add california to that list also i didn't run away i want to add california sure that list of course i saw with biden trumps want to carry texas i believe. still uphill despite better o'rorke for democrats biden new york in the bag california in the bag by the way california really helps cameras as well but i

believe a candidate like joe biden can yes i do believe democrats can pick up that rust belt which hillary clinton totally ignored if they're talking about working class blue collar issues issues that people care about at the kitchen table that's what trump did in hillary clinton did not in michigan in indiana in illinois in wisconsin where he didn't even go to west and wisconsin that's where the democrats are going to be focusing on our own amy don't win and trump before the selection started said he thought they heard a national vote without the electoral college no. i was her 26000 changed his mind about. bill think the time today and again my personal thanks for guest hosting this photograph a few tonnes out in the air so much for doing that you're back to have your back

thank you back larry good to be back we thank you amy holmes and bill press thank you for joining me on this edition of politicking remember you can join the conversation on my facebook page or tweet me to king's things don't think it use the pope. yeah stagg that's all for this edition followed sticking. their of russian airlines. you know world of big partisan through the lot and conspiracy it's time to wake up to dig deeper to hit the

stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bad shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now we're watching closely watching the hawks. aeroflot russian and lights.

we came here where did you work before you came here when you live well. in many us states capital punishment is still practiced convicted prisoners can spend years waiting for execution but most of the time the victims' families they are very much in favor of the death penalty there are some people because of what they did have given up their rights as live among us some even proven innocent. through and how many more exonerations is it going to take before we as a society realize that this is not working and we actually do something about.

join me every thursday on the elec simon chill and i'll be speaking to us from the world of politics. i'm show business i'll see you then. 2 russian pilots are praise for saving the lives of their passengers after they executed a perfect emergency landing when both felt the plane's engines failed. quits flying the plane i think we are all in life thanks to him finally did a great job landed the plane on his belly. also coming up to around accuses the u.s. military piracy attempts after the justice department trying to block the release of on there really an oil tanker impounded near gibraltar. the u.k. home office.