the uk said thank you for your advice, but we're out. >> a lot of fearmongering playing out. there is also a real national security impact at play. and folks i talked to are in favor of remaining, they say the uk played an important role as part of the european union to stand by the united states' side with them leaving the eu, how does this impact our issues today? . >> i don't think it's going to affect our relationship with the military, i think it's going to cause us to have a new perspective in dealing with russia and the rest of the world. obama's military policies will be questioned and i think changed in the next administration. >> appreciate you being with us, sir. stay close. it's going to to be a long night of analysis here in terms of what the impact could be. so sky news called it as the united kingdom leaving the european union about 30-35 minutes ago. the margin widened to 3 or 4 points there. >> so much uncertainty about impact. >> yes. a lot of questions and a lot of questions for u.s. politics as well. to donald trump, and joins us now from washington, d.c.

confidence because we've seen our history we get these spasms of politics around immigration and fearmongering, and then our traditions and our history and our better impulses kick in. that's how we all ended up here because i guarantee you at some point every one of us has somebody in our background who people didn't want coming here, and yet here we are. and that's what's going to happen this time. the question is do we do it in a smart, rational, sensible way or we just keep on kicking the can down the road? i believe that this country deserves an immigration policy that reflects the goodness of the american people and i think we're going to get that and hopefully we'll get that in november, all right? i'll take two questions. go ahead. >> realistically, what do you see as the risk of deportation for these more than 4 million people. you say we can't deport 11 million and this is 4 million and there is a chunk of time here. >> l me just be very clear. what was unaffected by today's ruling or lack of a ruling is the enforcement priorities that we've put in place and our enforcement prioritie

were they doing a little fearmongering? >> i'm afraid i think they were. economists are trying to scare the british people to some extent into doing what they thought was the right thing but may not -- should not cause a catastrophe and for all of the other economies in the world, it's not that big of a deal. i think the problem was that people were sort of trying to argue a point very voice sir rousely and emotions may have gotten ahead of him here. >> david, thank you. great talking to you. >> thank you. >> again, david kelly. >>> now here's a look at what is making news as we head into a new week "on the money." stock markets got hammered in early trading on friday after that brexit vote. the dow plunging nearly 500 points right at the open with the s&p 500 and nasdaq following suit in that decline. stocks continued to fall by the end of the day. janet yellen testifying before congress this week and saying that there's still considerable uncertainty in the u.s. economy. she also says that the fed will proceed cautiously in raising interest rates and any

we get these spasms of politics around immigration and fearmongerring, and then our traditions and our history and our better impulses kick in. that's how we all ended up here because i guarantee you, at some point, every one of us has somebody in our background who people didn't want coming here. yet here we are. that's what's going to happen this time. the question is, do we do it in a smart, rational, sensible way, or do we just keep on kicking the can down the road? i believe this country deserves an immigration policy that reflects the goodness of the american people, and i think we're going to get that. hopefully we're going to get that in november. all right? i'll take two questions. two questions. go ahead. >> realistically, what do you see as the risk of deportation for these more than 4 million people? you say we can't deport 11 million versus 4 million and there's a chunk of time here -- >> well, let me be just very clear. what was unaffected by today's ruling or lack of a ruling is the enforcement priorities that we've put in place, and our enforcement priorities that have

aladdin." ( laughter ) ( applause ) this whole speech-- this whole speech, with its nativism, its fearmongering, and especially its self-aggrandizing in the face of tragedy, feels like a new low. it makes me long for the days when trump was just bragging about the size of his penis. donald, can't we just put the focus of your campaign back on your genitals? which, again, i'm sure don't look a day over 70. ( laughter ) i'm guessing he moisturizes. the man has got a very strong grip. ( applause ) may be, maybe all of us could get together and declare how big trump's penis is, perhaps with a giant monument to his junk. we did it for our first president. and here's the thing: trump's speech, unbelievably was the least controversial part of his reaction to orlando. just listen to what he said about president obama. >> we're led by a man that either is not tough, not smart, or he's got something else in mind. and the "something else in mind" -- you know, people can't believe it. people cannot-- they cannot believe that president obama is acting the way he acts and can't even mention the words "radica

so, this is all like fearmongerring of the worst order and reminds me of when computers were destined to cross-around the world as we ticked over from 1999 to the year 2000. >> you're absolutely right. the y2k factor is in full effect. some historians are saying, when england entered into this agreement, when they finally entered into the european community, that they were the six man -- the six man of europe and europe bailed them out and how to they're one of the healthiest question is they healthiest economies they want to bolt. >> they we haveline the sick religious at the time we entered the e.u. but we're sicker now today than we were before the entered the e.u. we're governed by a bunch of bureaucrats that don't speak english, and a funny place called "the hague," which makes no sense at all. and it tells britain what to do. it takes british money, it doesn't send as much of it back. and it's a very unfair one-way street when you begin to dig into it. and the biggest thing, of course, is that all of this is a disguise over the immigration issue. brittons do not want -- i think

saying what does this mean and i think until -- until this plays itself out, and there was a lot of fearmongeringes going on. until this plays itself out and i don't think it will be as catastrophic as either side portrayed it, there will be bumps in the room. there's no question that the right wing parties of europe will be enormously emboldenned by this and that's going to create waves of turmoil for some time. >> we just saw donald trump in scotland identifying with the spirit of the voters. >> and calling it fantastic. jp morgan and goldman sachs issued a letter this morning to their clients saying we're on top of this. >> they have to watch it. you are going to see -- you are going to see a lot of volatility in the next two years as -- because there are going to be issues that come up here that we haven't even anticipated. >> the dow is down 500 right now, which is significant. it does not appear to be in free fall. >> no. it's funny that 500 actually looks pretty good at this point relative to what happened in europe. almost 3%. that's a lot. >> what would be catastrophic? >> well, 3% is pr

thank you, charles >>> for those issuing refugee warnings, the secretary of state says, stop the fearmongering >> who has just declared donald trump the king of death. not hillary clinton. we'll tell you why next. ♪ if you have moderate to severe plaque psoriasis isn't it time to let the real you shine through? introducing otezla, apremilast. otezla is not an injection, or a cream. it's a pill that treats plaque psoriasis differently. some people who took otezla saw 75% clearer skin after 4 months. and otezla's prescribing information has no requirement for routine lab monitoring. don't take otezla if you are allergic to any of its ingredients. otezla may increase the risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. side effects may include diarrhea, nausea, upper respiratory tract infection, and headache. tell your doctor about all the medicines you take, and if you're pregnant or planning to be. ask your der

i think that the fearmongering on the remain side is a little bit over the top.olling the clock forward ten years is europe still going to be trading with the uk? of course they will. will it be materially different from today? of course not. so the only real issue is how nasty is that intervening two the three years while they sort out the logistics and the details. >> well, rob, now reuters is reporting that the ecb would backstop the markets if in fact they voted to leave the european union, and how material is that? what size of program is need and how long would that last? >> well, firstly, i would hate to know how large a backstop would be needed. i'mt not sure that a backstop would be needed. i am not sure of the impact of the markets all that dramatic, but secondly, and more no the point, is that the role of the ecb? why should the ecb think in terms of buying stock? good gracious. >> well, they are buying the corporate bonds. >> they sure are, and that is intervening deep into the capital economy. it winds up leading into the risk of major mall injustmen

there was fearmongering on both sides. it really is a sense that, among many brett tons, particularly conservative britons, that they were losing control of their own country. not only to the european bureaucracy but to immigration. ironically the immigrants that they were actually concerned about were other europeans who are poles, particularly, and people from other parts of the european union who were given the right to work in the uk. what's going to happen to those people? if you go to a hospital in great britain, you're likely to have poles, romanians, other people, taking care of you. are they all going to leave now? are they going to not be able to work anymore in the uk? what about the uk, the british people who, for instance, have vacation homes here in france, who retired to france, who retired to spain? will they have the same rights as before? actually, no, they won't. all these questions are up in the air, all of that has to be negotiated. nigel ferrage and the leave campaign were trying to persuade britons a

. >> it sounds like fearmongering, he's trying to demonize your father, scare people, and say he's somebodyanti-immigration. >> i don't get it. how many more people have to die? you had 41 in turkey, tons in brussels, you had the world trade center. you have real immigration problems. its not just in the united states, it's around the world. my mom came here from a communist country. the difference is she came here legally and assimilated and worked and learned the language. it's not anti-immigration. it's keeping the bad guys out. it's keeping our country safe. >> it's a real problem. and then your father is offering specific solutions and ideas to say perhaps we should actually vet the people a little bit more carefully when you have isis telling us they're going to use the refugee path to be able to get terrorists into this country and then you have our intelligence director saying we don't have adequate means to be able to screen all these people, why isn't your father's idea a good one? >> and the worst part about it is, 200,000 refugees coming to the country, you can't screen them, is

isn't that an example of your hypocrisy and fearmongering. >> i don't think that's double standards. i think that's saying some of the issues are bigger than the politicians. this is such a big issue for us. it is about the jobs of people in this room and the jobs of people at home, how are we going to secure a strong economy for the future. what is the best we can do when it comes to opportunities for our children. how do we keep our country safe in a dangerous world? >> let me finish now, because i've seen you interrupt many many people beforehand. let me finish now. that is not answering the question. i'm an english literature student. i know waffling when i see it. i'm sorry. >> that's no prospect of turkey joining the eu in decades. they applied, one chapter has been completed a this rate they'll join in the year 3,000. >> the uk wasn't in the eu, would you apply to join now and why? >> 500 million people, vital for our business and jobs, but we're not in the euro. we kept our own currency and we can keep it for as long as we want. >> what will come first? >> the words world war

last portion of our show brought to you by the fearmonger shop, serving all your phobia needs since 1954gift to story to his belief that he's on the autism spectrum. undiagnosed as a child, he was allowed to be himself, a little apart, noticing things, listening. if you weren't high functioning autistic, you would not have had the blessingings that your childhood gave you, that you are still investing even now as a 73-year-old man. >> takes you a long time to appreciate these strokes of astonishing good luck. i wanted to play football, and you had to of course go and get a physical, and i went down to dr. mork's clinic and put a stethoscope up to my dhesms he turned a click, which turned out to be a microvalve prolapse. so instead of playing football, i wrote about football. no better thing for a kid to write about actual things that are happening before your eyes, what a beautiful thing. i was really very lucky. >> reporter: and lucky for us a speech teacher taught a shy boy how to face his fear of people. >> if you take off your glasses, you can't see them, and they won't look like peo

as a people to decide this question free of external influences, foreign threats and hysterical fearmongering. the great and the good, the elite are united in horror at the prospect of a british exit from the u.e. and according to to these eurocrats if the british people choose to leave the e.u., then the people must be punished. some have called for immediate tax increases and budget cuts should the leave campaign win. business leaders threaten to move jobs out of britain into the continent. many economists speculate that recession is the best possible outcome with depression the more likely outcome. most disappointing of all, foreign governments have made egregious threats of retaliation in trade, financial and other economic matters both to punish the british people for exercising their sovereign right of self-government and to intimidate the other peoples of europe from doing the same. i would say the only thing they aren't predicting is war and pestilence, but they are. indeed, one leading eurocrat said a british exit could mean -- quote -- "the end of western civilization." if the elite

with which he does it, i mean, really trickling down on the word "rape" as a metaphor, which is fearmongering it's also ugly in its visceralty. and clearly, you know, the knowledge that it's an ugly metaphor didn't deter him, it just enticed him, and says a lot about his instincts as a politician. >> so, andy, mr. trump's rhetoric does play in the middle part of this country, right, where people are desperate for a better economy and they're desperate for jobs. hillary clinton said, you know, i sympathize with what trump supporters believe and how they feel, but i'm not sure that really strikes an emotional chord in anyone. >> well, i think you're right. i think the success that she had in the democratic nomination process really started when she said essentially she would run as the third term of brarack obama. that means the third term of obama's economic success or lack of success. so she's taken on the responsibility or the onus of explaining what's going on in the country on the basis of the administration. whereas both trump and sanders can criticize much more freely. we saw this i thin

stable markets are stable, about he is saying that in response to george osborn very much one of the fearmongersif you like was dubbed project fear, as they campaigned for the remain side george osborn saying relax markets we are good, uk economy is strong. so as i have been saying all morning there is economic uncertainty and political you turmoil another monday in london. maria: i gus so ashley webster live this morning in london, futures i asked kay a member of the european parliament about growing online petition calling for a revote in britain here is what she said about the possibility of a second eu referendum. >> what has become very clear in the last 24 hours, is that, although the votes was to leave nobody knows what we were going to be leaving to, so it is very clear now there was no plan, by at the leave campai campaigners. >> i know there were a lot of yooirnz goingling what is the oe.su after they voted to leave. what is your take on this. >> well, i mean listen, there are low information voters no question about that, but i do think that there is an oppression that people feel fro

. >> i only bring that up, because something that was spoken about the level of fearmongering with the remain campaign trying to scare people voting with that campaign a big drop in the pound again what inflation does that cause there are a lot of unknowns in terms of of the global markets unraveling perspective. >> a a couple hours ago pressure for dow components in particular technology the banks but, putting out a statement we respect decision of the bus driver electorate saying we have long history of da adapting to change. >> ready goldman sachs comes but a statement adapting ready jamie die monday j.p. morgan a statement i thought that was very that statement why jamie dimon murdee ooe oon measured. >> market disruption here. perspective. >> keep in perspective. >> adam in berlin with reaction through that part of the world good morning to you. reporter: good morning, everyone here preparing for move in all this angela merkel chancellor in germany issued a statement 45 minutes ago, and was very specific they have a word means break like a cut. only together eu will insert interes