and then you want me to not get mad at it because -- richard: michael, michael, michael, michael, what'so me is the most important thing. michael: then you're not making any sense. you're making stories up. that's not fair. lemonis: if your business is in trouble and you need my help, log on to... renein the caribbean.onder for a limited time enjoy two free perks like complimentary wifi and drinks, plus savings up to $300 when you book now during the celebrity cruises sail beyond event. the energy conscious whopeople among usle? say small actions can add up to something... humongous. a little thing here. a little thing there. starts to feel like a badge maybe millions can wear. who are all these caretakers, advocates too? turns out, it's californians it's me and it's you. don't stop now, it's easy to add to the routine. join energy upgrade california and do your thing. renein the caribbean.onder for a limited time enjoy two free perks like complimentary wifi and drinks, plus savings up to $300 when you book now during the celebrity cruises sail beyond event. ♪ richard: michael, what's im

michael says he may have dozed off.n he went back inside the house sometime after 2:00 a.m., there was kathleen at the bottom of the stairs. a ghastly sight. >> and i saw her lying in the back staircase. her feet out. and there was blood. there was just blood everywhere. >> my wife's had an accident. she's still breathing. >> what kind of accident? >> she fell down the stairs. >> reporter: was she breathing? >> she was at the time. >> reporter: she was? >> yeah. >> is she conscious? >> what? >> is she conscious? >> no, she's not conscious. >> i knew she was dying. i mean, i'd seen enough of that in vietnam. i mean, i knew she was dying. >> please, get somebody here right away. please! >> okay, somebody's dispatching the ambulance. >> send the ems right away, right away, right away. called them again. how -- but apparently it's only, like, two minutes later. but it seemed like forever. >> reporter: a long few minutes, but nothing compared to the many, many years of questions that would follow. what had happened on that b

to michael schmidt, michael, breaking news last night coming from you. you jump in on donald trump desperately trying to get control of a russia investigation that he saw sort of slipping out of his hands and dreaming, dreaming of having another roy cohn-like figure to go arounded with and brute lies an independent fbi. >>> he views him as a protector. he had his white house counsel, top lawyer, go to the attorney general in march and say, look, don't recuse yourself in the russia investigation. there's no reason to do that. after the president found out he was going to recuse, he got extremely angry. he said, you know, barack obama had eric holder, jfk had rfk. where is my roy cohn, referring to his long-time personal lawyer saying where is this person to protect me? that for us really provided a window into how he viewed the top law enforcement position, the top person underneath him at a time that the russia investigation was accelerating. >> michael, not just that, but how he viewed lawyers as basically hit men of sorts. roy cohn, again, a man who di

would he vouch for michael? coming up another mystery. >> we had some blank checks in one of our offices that disappeared. and a new theory of the crime. when "dateline" continues. >> reporter: sheriff's deputies were now zeroing in on michael bowers as a person of interest in the murder of kay parsons, his mother's best friend. >> with the glass in his shoe, him being the one showing up at the house, finding the burglary and his past history of drugs. and you know, drugs and burglaries go hand in hand. >> reporter: investigators believed that kay was beaten at her home in a narrow window of time between 7:10am and 7:20am that morning. but michael said he didn't arrive at the scene until 8:30. and said he had an alibi for the time before that. he'd been hanging out, he said, with a friend named anthony. >> reporter: what's the story he tells you about that day? >> we pull -- we pull anthony in and we -- we interview him and -- and anthony's, he's a character. he -- he's pretty lively. he's very talkative. >> he

jonathan: michael? michael: same.l sales data we have had, we had so much momentum recently, but even a soft month, you still have a very good quarter. an impressive gdp number. i think we will pay more attention to the inflation data. jonathan: at what point, michael, does that tax cut, i'm going to spend more money kick in? does it at all? michael: i think it does. normally come at you come out of a recession, everyone is terrified -- when you get tax cuts, it's coming out of recession and everyone's terrified and you don't spend the money. you get one at this point in your much more likely to spend. you will start to get withholding changes going forward so people don't start to see the cash immediately. it's really not until april of next year that people will see the big change in what's in their wallet. jonathan: krishna? krishna: the key thing to remember with respect to that is more corporate tax cuts where the impact is going to be needed -- muted to begin with. you will see it, but you will see it in a very

i'm not here to defend michael wolff. will tell you. >> you're going to promote it. >> i'm not here to promote -- >> you just gave him a half hour on your show. >> i gave him 18 minutes as a matter of fact. and i think it's very news-worthy. most journalists and most people don't get that much access to an administration, especially a president to write a book. and so -- >> so i think this cuts really to the heart of michael wolff's, dr. wolff's credibility, here's a guy that claimed he interviewed the president. he's been asked that point-blank. he did not interview him ever for this book. i am told that the longest conversation he had was in a phone call with the president, michael says it was a half hour, the phone logs obviously said -- the phone logs show it was 12 minutes. something like 12 minutes. he had a brief meeting with the president to pitch the book, the president said, why should i do a book with you? there's other authors that want to do the book. it was a very brief meeting. there were no questions asked

michael wolff quotes steve bannon saying exactly that about ivanka trump in an article that michael wolff wrote today in "the hollywood reporter" explaining access to the trump white house for his book "fire and fury" an michael wolff will join us here michael night describes factions in the trump white house this way. jared and ivanka against bannon and priebus and practicing dark arts against them. priebus everybody's punching bag just tried to survive another day. by late spring, the larger political landscape seems to become almost irrelevant with everyone focused on the lethal battles in the white house and screaming fights in the halls and in front of a bemused trump in the oval office when he was not the one screaming himself. today president trump, the trump staff, and the trump lawyers did everything they possibly could to sell more copies of michael wolff new book, including the utterly empty threat to sue steve bannon for things he said in the book, to sue michael wolff for writing the book and to sue the book's publisher for publishing the book. the cease and desist letter by

that's from michael wolff. the book is full of gossipy details, yes, david, but the thread throughout it is donald trump's mental acuity, his ability to lead, his ability to take in information, to process the information, and then to go out and act on it. is it alarmist for people to seize on this? is this too much? if critics are coming out and saying we're making a big deal about this, what would you say to those critics? >> alarmist, sure, but more importantly it's a grave conversation to have as a nation. you know, in law there's a principle called res ipsa loquitur. the facts speak for themselves. the fact the nation is having a national conversation about whether or not our president is fit to serve, whether he has the capacity to serve, that speaks for itself. that suggests the president does not reach the bar that the american people have set for the fitness of a president. and this is very grave because it's different than politics. i was a republican member of congress, disagreed a lot with president

he's a psychiatrist, michael wolff, i call him now dr. michael wolff. >> you're being sarcastic. >> don, you have to ask yourself, what is his expertise to declare the president's psychologically unfit? there is probably 100 high-powered journalists that cover the white house, talked to all the same sources he supposedly talked to, no one has ever reported the president psychologically unfit. >> i'm not here to defend michael wolff, what i will tell you -- >> you're going to promote it. >> i'm not here to promote -- >> you just gave him a half hour on your show. >> i gave him 18 minutes as a matter of fact. and i think it's very news-worthy. most journalists and most people don't get that much access to an administration, especially a president to write a book. and so -- >> so i think this cuts really to the heart of michael wolff's, dr. wolff's credibility, here's a guy that claimed he interviewed the president. he's been asked that point-blank. he did not interview him ever for this book. i am told that the longest conversation he had w

jonathan: michael, your thoughts? michael: i'm in line with krishna. year ago everyone would've been looking for the worst-case scenario out of every report. jonathan: or at least for the fed not to do something. michael: where now we move for five minutes and the markets go right back to where it was. people are looking beyond any clips of weakness. jonathan: travel below 50 basis points for a little while. what were your thoughts when that happened? krishna: i think that trend will continue. looking for deepening in this environment is a fool's game in my personal opinion. the reason that is the case is that is the 3rd street inflation, markets would anticipate that the fed is going to slam on the brakes really hard and climb toward a recession in the not-too-distant th future. for a tiny bit, we may seats steepening. jonathan: is it a full trend? kathy: a steepening would not be too surprising. the only reason that they are flat and is the long and has been stuck. i think we get longer-term yields to grind a bit higher and more supply that has to be

i don't know michael's sources either office iously. there are a lot of interesting portions from michael wolf's new book, fire and fury. there was one that stuck out to me. it comes early on in a conversation between roger ailes and steve bannon that happened a couple weeks before the inauguration at a dinner that was hosted by the author, by michael wolf, in which roger ailes asks steve bannon about russia. he says, what has he gotten himself into with the russians, pressed ailes? he went to russia but thought he was going to meet putin. putin couldn't give an splitive about him, so he's kept trying. >>> that struck me, kimberly, it's present tense. it's two weeks before the inauguration. he kept trying. i don't know what bannon means, but i imagine this is something that might p iq ue the investigation of someone. >> he admired him. he was a leader that was at least strong. perhaps that was just some sort of kinship that he saw and he wanted to continue that. of course we are taking steve bannon's word for this. but i mean, it just a

michael: same.ad so much momentum recently that even if you got it soft, you still have a good quarter. you have an impressive gdp number. we are paying a little more attention to the data. inflation data. jonathan: at what point do think we have a tax cut, i will spend more money start to kick in? michael: normally when you get tax cuts it comes out of recession, everybody is terrified so people do not spend the money. you get one this point, you are likely to spend. you will start to get withholding changes going forward, so people do not start to see the cash immediately. it is not until april of next year that you -- that people will see the big change of what is in their wallet. krishna: the key thing to remember is corporate tax cuts and personal tax cuts. the impact will be muted to begin with. you will see it, but you will see it in a very faded way. if at all. from an inflation standpoint, retail sales standpoint, as kathy said, both of them are looking good at this point. at the end of the

. >>> is your husband michael? okay. i'm sorry to tell you ma'am, he's been killed. >> no no no no no! >> she's like poison candy, attractive on the outside, deadly on the inside. >> she was pure evil. >> i felt in love with her. he thought she was the end all, be all. >>> she had everything she wanted, but they longed for one thing more. >> i'm positive, like 5,000% sure. >> reporter: or, was it all for show? >> mishappen at her house. >> was this crime all but it seemed? >> she played such a good game, that people didn't know. >>> a price was coming. >> you don't know what to thing. it would arrive from beyond the grave. >> oh, my government clad. >> oh, my god! >> there has not been a story like this ever in palm beach county history. is she the villain? is she the victim? who knows? that is what makes her riveting. and she is, infamous, and probably will be forever. >> reporter: the mismerizing story with a fittingly preposterous new ending, begins in a play where conspicuous consumption and envy index as high as the

how was michael towards his father?> the older the more harsh. >> reporter: but then mike snyder got sick and life inside of that home grew much worse for just about everybody in the snyder family. >> his body would go numb, and he would pass out in severe pain. >> reporter: it was the summer of 2001 when mike went to see a doctor. >> the doctor said that he believed it was a on osetting case for multiple sclerosis. >> reporter: multiple sclerosis, no cure for the disease, and it can lead to paralysis and even death. he was put on treatments to slow the progression of the disease. ellen gave him the shots. >> it was my place. i was to take care of him. >> reporter: as time went on, mike's work colleagues like chuck wyatt noticed a physically weaker mike. >> he was just kind of struggling to make it through the day. we weren't told what actually he had or what was going on, but he was not coming into work as often or everyday. >> reporter: when he could not work at the level he expected of himself, mike went on disabilit

michael: not really. maybe to some extent.look at the past two or three years, going into every year, most investors could construct a bearish story on credit. it was always around valuations. i think you have to put evaluations in the context of fundamentals, and fundamentals are very supportive. no question, and like i said earlier with tax reform, they are about to get even better. so valuations should be compressed, spreads should be tight. it is not a table pounding opportunity, but we are finding opportunities certainly with this market. jonathan: is your view predicated on a treasury market that behaves itself? michael: yes, behaves itself to an extent. i think credit can do well, reasonably well, even if rates rise. if the 10-year goes to 2.55, 3% throughout the course of the year, there is room for spread compression. if we see a quicker acceleration of that, it starts to damage fixed income and spread sectors. jonathan: quickly, if you can, mike. i had this conversation with blackrock earlier in the week, i asked, ar

schmitt, and i don't believe michael walked out and said this man is crazy or unfit. this is just an absurd allegation by somebody who has talked to a lot of disgruntled people at the white house. i was with the president in early december, and i spent an hour and a half with them in the private residence, and the conversation was terrific. he was not repeating things. a mutual friend of ours, he had no belief and view the president was mentally incompetent and unfit, and this is trash, really. >> you have two possibilities. one is everybody wolff spoke to either told him something isn't true or wolff is reporting it untruthfully. do you think that's the case? >> michael did a hit book on ruppard murdoch, and a lot of people are suspect of the -- >> he was welcomed into this administration, though, chris. the president can say he didn't talk to him, but, michael wolff says that is false, and he was welcomed in. >> you know who welcomed him in? steve bannon welcomed him in because he thought he was going to write a book about steve, and reince priebus did not even know

michael: buy it. jonathan: adjust higher this year on treasuries? michael: i was higher.uration risk or credit risk. it is a question i ask sometimes on this program. i think it is pertinent to this week. matthew: duration. priya: duration. michael: tough one, i am going to say credit risk. jonathan: you have got to. great to have you with me. matthew hornbach, matthew buchanan, and priya misra. that does it for us from new york. we will see you at 12:30 p.m. next week. this was bloomberg's "real yield." this is bloomberg tv. ♪ ♪ scarlet: i am scarlet fu. this is "bloomberg etf iq." where we focus on the access, risks, and rewards offered by exchange traded funds. ♪ scarlet: do you need star power like a quincy jones linked index to get total etf assets to $16 trillion by 2024? we discuss what role celebrity endorsements can play in the industry's growth. why dan draper is for computer -- on the prowl for computer programmers rather than mbas. and with the holidays over and done with, it's now time to pay

hi, michael. thanks for the book. you achieved what all of us were thinking about, which is, boy, we wished we were a fly on the wall in that white house. you were that fly on the wall. thanks for shave sharing. on the average, how many days a week were you able to get into the white house and procedurally, how did you get in? >> procedurally, it turns out to be easy. you make an appointment. whoever you make an appointment -- your first appointment with puts you into the system and you go in and then you're basically there for the day. so you had to start out, you had to make an -- you had to go in with an appointment. i didn't go in -- i didn't have run of this -- free run. i mean, once you -- you did as soon as you got in, but you actually had to make this appointment. i would spend mondays -- my schedule was mondays i would make my appointments for the week. and i live in new york so i would come down on either monday night or very early tuesday morning. i would check into the adams, which is right across the stre

if you willingly talk to michael wolff the way steve bannon talked to michael wolff, you almost have to believe that your president is not going to survive his first term. >> well, as i've reported and others have, steve bannon has said in private he only believes donald trump has about a 30% chance of making it a full four years. whether it's the mueller probe or the 25th amendment that ultimately removes him from office. in some way i don't want to be in steve bannon's head, judging by his comments, he seems to be make a kag ccalculus in a short war, but if trump is out of the picture he's playing a much longer game. >> i don't know if rex tillerson is one of the people wolff had a conversation with. rex tillerson was just asked. let's listen. >> everybody in this book questions his mental fitness. have you ever questioned his mental fitness, and describe your relationship with him, because some people would think it's -- you know, through his tweets and stuff, it's not a very good relationship. >> i've never questioned his mental fitness. i have no reason to question his mental fi

michael: yeah, i think we have proven that. i think that what it speaks to is you look where the u.s. , is. it does, on a relative value basis, u.s. treasuries look reasonable when compared to a lot of european rates, and then you get into the spread sectors, and then it is probably more compelling. jonathan: was the 10-year auction evidence of that, on the back ups, will get sufficient demand? michael: i think that is fair to say. probably outperformed what expectations were. that is a reasonable assessment. : your view as well, matt? matthew: absolutely. it was just classic after all the news that we saw earlier in the week, the backup, steepening. let's face it, if the story on china had any credibility to it, which we don't believe it has, but if it did, the curve should not be steepening. it should be flattening. because most of the securities that are owned and central banks across the world are in the front end of the curve. jonathan: so what does this say , about the response of market practitioners? there was a story a

michael, can you solve it? or are you, michael, saying, hey, i'm seeing this and that and this and this and this on the horizon, maybe makes more sense for the navy. >> more of the former than the latter. we have to shift that. our primary job as defined is provide the requirements to the industrial base of what our problems is, what the problem set is and say, okay, you guys go back, spitball, do your r ann -- r & d and come back with a solution. we have to be out there with a periscope looking around, going, here are atypical or nonstandard developments that are out there in the marketplace that we wouldn't see normally through our traditional supply base or suppliers. we have to be doing both and we have to be doing the latter now more and i think that raj is an example of how we're approaching that. it's a communication give and take. >> raj's group is pretty recent, 18 months ago? >> it's a 18-month organization. when we're talking about capital, one of the challenges is, how do we adequately fund and inve

donald trump versus michael wolff. day four of donald trump's losing war against an author who took up residence in the west wing for hours at a time. >>> sloppy steve and donald trump engaged in a messy separation of belongings. but who owns the heart of the trump voter in the swing states that put donald trump over the top? hint, it might not be the guy who signed tax cuts for big businesses into law. anna, do you have those plans? yes! i just wanted to show you something i've been wor... ♪ james r. and associates. anna speaking... ♪ james r. and associates. anna. ♪ [phone ringing] baker architects. this is anna baker. this is what our version of financial planning looks like. tomorrow is important, but you're ready to bet on yourself today. spend your life living. find an advisor at northwesternmutual.com. oh, it's actually... sfx: (short balloon squeal) it's ver... sfx: (balloon squeals) ok can we... sfx: (balloon squeals) goodbye! oof, that milk in your coffee was messing with you, wasn't it? try lactaid, it's rea

could have written from that dinner michael could have -- michael could do a whole separate book about the five-hour dinner with bannon and ailes it was unbelievable. when the dinner was done, michael and i, michael's partner, victoria, looked at each other, we were the only ones afterwards, almost in stunned silence at the level of stuff we heard. >> what made it so remarkable, janice, beyond what has been reported >> yeah, it was the casual rapport of everybody at the table. and the willingness for bannon and ailes to sit there and talk about some of the most newsworthy things you can imagine in front of michael wolff and in front of me and just so you know, there was an agreement before the dinner that nothing could be used from that dinner. immediate wi immediately. and after -- and michael -- after the death of roger ailes, roger ailes' widow, elizabeth, gave michael permission to use information from the dinner and then steve bannon took the record -- took the dinner from off the record to on the record. that's permitting michael to use the information. day we they were in a rela

it is from my experience with michael, i don't see that.eived by steve bannon and roger ailes and roger's wife and had such a level of trust with them that the conversation we had was stunning. it was... the things from start to finish, forfive hours, they poured their hearts out about the republican party and how they were going to, who they were going to put into cabinet. roger ailes offered to coach candidates in their congressional testimony. they talked of rudy giuliani. steve bannon said they owed him something because he had come out forcefully and spoke on the shows in the united states, when no—one else would after the access hollywood tapes. roger ailes said, you know, just let him be photographed walking out of air force one. just detail after detail that, were they openly spoke so comfortably in front of michael. to any way characterise him — you can try to dispute the facts, but you can't dispute the relationship he had with people in the white house. at that dinner, did it seem as if steve bannon was in the driving point, you

the picture michael wolff paints is complete -- >> michael wolff, who was defending the president early his report and saying the media was too negative about him. remember the source matters as well. >> we will get to that, how he explains his reporting. if you take this book at face value, it paints such a disturbing picture of how the president is behaving and the people around him know it. and they're trying to manage around it. here is one -- this is a reporter's note from michael wolff about some of his process. and what the people around the president told michael wolff. hoping for the best with their personal futures as well as the country's future depending on it. my indelible impression of talking to them and observing them through much of the first year of his presidency is that they all -- 100 percent -- came to believe he was incapable of functioning in his job. >> remember, wolff was saying the media was being hard. this was not a man who went into this assignment trying to take the president down. >> a.b., what do you make of that? >> well, several things. i think that al

this is the michael wolf book. that the three senior guys in the campaign thought it was a good idea to meet with a foreign government inside trump tower in the conference room on the 25th floor with no lawyers. they didn't have any lawyers. he also adds a number of other issues which we pointed out earlier that he believes, bannon believes, that the chance they did not bring the russian lawyer vena venaskaya, to see the presidential candidate is zero. this is not proof in any kind of presidential way, but it certainly isn't only damaging but disputes president trump's claim, first, saying he didn't know about this until they told him later, that he had no contact with russia at any time and that it was all a hoax. >> this is bad news not only for president trump but for his family and top aides. what makes it so extraordinary is the source of these quotes is someone very close to trump, very senior to his campaign and then a top adviser in the white house. it is quite extraordinary. there are some delicious politi

we're going to have to take a break here, michael, if you can please stay, michael wolff's book, fire and fury. when will people be able to buy this. whenever people see this, they want to know how they can get their hands on it? this week, is it back in stores? do you know when? >> yeah, i mean, they're rolling them out. >> all right. >> and later we're going to have more information about robert mueller's investigation. the president of the united states is now one of the next interview subjects robert mueller wants to talk to. dney. bowling. classic. can i help you? it's me. jamie. i'm not good with names. celeste! i trained you. we share a locker. -moose man! -yo. he gets two name your price tools. he gets two? i literally coined the phrase, "we give you coverage options based on your budget." -that's me. -jamie! -yeah. -you're back from italy. [ both smooch ] ciao bella. of the season' on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. does your bed do that? right now our queen c4 mattress is only $1199. plus 36 month financing. ends mond

michael, thank you very much for being here. it's been a long day, a long weekend. >> thank you, sir. >> a weekend unlike any in your life. you knew that this pressure was coming. you knew what you were writing. you knew how this white house operates and this president operates. you might not have specifically known a cease and desist letter of lawyers but the attacks that you have faced from the white house, from the trump machine, since this book came out, is that what you expected? >> no. i expected some response. did i expect the president to basically drop everything? i had heard from a source who still speaks to me that he wanted my media schedule for today. he's probably watched -- pent the whole day just watching me on television. this is -- the man is an among things, the man is an obsessive. that's how he responds to things. so, he responded to this. i mean, this is -- it's literally crazy to write a cease and desist, a president has never done that. a prior restraint of a book to say the privacy is invaded, he is defa

by michael wolf called "fire and fury,: inside the trump white house." the president's reaction today to what steve bannon says about him in that book came down to this. he lost his mind. the president whose mental health received a negative diagnosis from 27 psychiatrists and mental health professionals in a book published last year is defending himself against this new book by offering a mental health diagnosis of steve bannon. he lost his mind. but this is just day one of the publicity generated by this explosive book which also shows rupert murdoch hanging up the phone after a conversation with president trump and saying, what an f'g idiot. no word on donald trump's reaction to that yet. has rupert murdoch lost his mind? has ivanka trump lost her mind? is that why she's described in the bookmaking fun of the way her father arranges when's left of his hair? to cover what she says is an enormous bald spot on the top of his head made somewhat smaller by surgical scalp reduction. is he going to say that his daughter lost her mind by telling that story? i

michael flynn probably knows. >> why do you say probably? >> we don't know the specifics, the name of his cooperation agreement special prosecutor mueller and we don't know for sure what he knows. we don't want to get ahead of the facts and say michael flynn 100% knows. it seems more likely than not. the other person who most assuredly knows is don mcgann. certainly they're keeping in mind that i'm not the only person who will give this story and i'd better have it straight. >> well, he's already been interviewed about the special counsel and michael flynn, to remind our viewers, he's already pled guilty to perjury and the assumption has always been torsion get a reduced sentence for himself and avoid charges, he is fully cooperating and presumably, mueller and his team already know his explanation why he was fired. >> there's a story about michael flynn came out that he was only fired because he lied to the vice president. and the question is, is that the truth? was he fired because of what he said, that he was subject to blackmail? who kne

we have michael wolff here with us tonight. his first public reaction to what we learned yesterday that the president ordered the firing of the special prosecutor. >> amazing. can't wait for that. >> thank you joy. >> thanks, lawrence. >>> last night the obstruction of justice case took on a new and dramatic turn when it was reported that the president ordered the firing of the special prosecutor in june and don mcgahn refused to carry out that order and threatened to resign if the special prosecutor was fired. here is every word the president said about that important story today. >> mr. president why did you fire robert mueller? why did you want to fire robert mueller? >> fake news, folks. "new york times" fake story. >> in the nixon era that's what they called a nondenial denial. joining us with his first reaction to the public reaction is the author of the best selling book in the world right now, michael wolff, the author of the "new york times" best-seller "fire and fury," inside the trump white house. thank you for comin

hi michael thanks for the book. you achieved what all of us were thinking about which was we wish we were a fly on the qawl in the white house and you were that fly on the the qawl so thank you for sharing. my question is on average how many days week were you able to get into the white house and procedurally how did did you get in? easy you make an appointment whoever the first appointment with puts you into the system welcome and you go in and you're basically there for the day so you have to start out. you have to make -- you have to go in with an appointment i didn't go in -- you know, i didn't have run of this -- free run. i mean once you can did as soon as you got in which you have to make this appointment so i would spend monday my schedule was monday i would make my appointment for the week and then i live in new york, so then i would come down on either monday night or early tuesday morning. i would check into the hey a.d. dales had is right across from the white house. and then i would, i would go back and

michael, in terms of their ability to do things with that capital and michael, what does it mean for your portfolio? if tax reform does go through. >> first, i would vote on an increased defense budget than the tax cut. they gave that answer on this morning show and i guess it's called the presidents baby ugly. i guess i'll be tweeted tomorrow. all the cash in the world is in, help if we used in the form of dividends. if there's not growth there where will we invest and get a reasonable return? i would advocate more for certain growth in the defense budget. >> critically, does the r&d tax credit stay. on a one-for-one ratio i would expect does it accrue to the customer? i think if a customer tries to negotiate the way we've discussed today may be a get pieces of it. >> i think you go back to shareholders. >> but that's your fears that your back once again for the stock and you're not seen enough demand for your goods because budgets are being restricted. >> it's all about stability of the budget. it's probably not good in the long term. i like to see a channel of three to 5% growth f

fire a"fire and fury," michael s expose. trying to block it and publisher advanced the release date. sourced heavily to fired white house chief strategist steve bannon is rocking 1600 pennsylvania avenue for portrayal of. bannon's feud with him, james comey. some of his reporting has been kra corroborated, some verified. one woman says didn't say that to him, another verifies account to the word. wolff doesn't directly quote anyone in some claims and sourcing at times is vague. here's what he says in the preface. it is worth noting some of the journalistic conundrums i faced dealing with the trump administration. many the result of white house's absence of official procedures and lack of experience of its principals. including dealing with off-the-record or deep background material later casually put on the record. sources who provided accounts and shared them widely as though liberated by first u.s. ranss, frequent -- setting of parameters on conversation. source's views so well-known and shared, not to. wolff also notes, e

michael has been doing this a long time. he's very diligent. you know, i think this happens a lot when people regret what they say or they don't like how it's categorized. but i -- you know, he was there in the white house. that is the mosts professional setting you can imagine and these were professional people doing the with work of the government. >> and they learned a lesson if they thought they were off the record and didn't specifically clarify it at the time. matthew, thank you so much for your time, sir. >>> here to discuss with us now political commentators mary and paul and cnn political analyst carren. paul i want to start with you, you've been a part of some sort of tell-all books from inside the white house or political operation before. it doesn't always feel good. >> no. but it's nothing like this. nothing. >> let's talk about what makes this different. >> bob woodward wrote a book about bill clinton's economic policy, a group that was a little more populist like me and we had our fights over policy. what policy should we follow

the other stuff is from michael wolff.ed katie walsh and she referred us to what she cold jonathan swan from "axios" was that she never said the things attributed to her. and the passage does jive with how sam nunberg described his mind. he was sent to the constitution and i got to the fourth amendment before his finger is pulling down on his lip and his eyes are rolling back into his head. does that -- >> that is very understated. >> there has been a lot out about how the president doesn't read and how he processes information. so it's not really -- >> look, that first of all -- i think nunberg is on the record on that anecdote, in some fashion. so that doesn't seem completely out of line. i think that there are several areas where there is something that is accurate but the facts are not quite right. he got -- and i hate to take it back to this, just standing on my head, he got minor things -- shots at other media outlets, he got basic details wrong about stories. about things. and i worked with a lot of journalists earl

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people know what michael wolff is. he has written a number of these books, some of which portray the subjects in unflattering terms. and it's surprising that a white house would give him this sort of access, to let him, you know, not just speak to the president, but basically camp out in the west wing. and he didn't just have a temporary gray day pass. he had a blue pass. he was allowed to go where he wanted. >> michael wolff says he was waiting for the day that somebody was going to call rupert murdoch and say what was it like to have michael wolff write a book about you and he would say, get him out of the white house. that call never came. michelle, you wrote a 2004 article about wolff, about the way he goes about writing these books, his journalism. what can you tell us about his credibility and whether or not you believe this book? >> well, look, what we're talking about here is kind of classic michael wolff m.o. it's not like he behaves like your ordinary reporters. does he not sit you down and say okay, we're go