he way he saw this was, this was the day i get to stick it to ralph nader. he was sure -- not, he was going to read the thing, come back, basically publicly humiliate ralph nader with five questions. he goes over thanksgiving weekend, and i am the person writing five questions. don't make them too hard. he gets them all right, like, oh, my god, what have i done, he then goes up to the microphone, says, ladies and gentlemen, i am here today to announce i am against wto, i am a free trader, and it's damn good thing i read it. totally undemocratic. this is horror, i don't believe it maybe it's like this in nafta. the whole transcript of him going, uh-huh. so basically, state of affairs, you got to have half of the house and senate who didn't read it who were fed this whole line, about to have an aha moment, and announced basically they have been replaced by the w.t.o. are they going to say hi, yes, throw in the key. the final issue is labor in the w.t.o. i can't speculate because i think it's going to be a blood bath. labor in the w.t.o. o the position that glo

neil: the giddiness ralph nader alluded to, what do you think of that?of the more prominent names to say it. what do you think? >> we have more certainty now in trade direction. deregulation doesn't get enough credit in this market and it's a vote of optimism that these companies are going to be able to do what they do best, and to be able to function without government suppressing them. i think that's a really significant point. how long it can sustain it, who knows. >> this is an interesting situation seen today. i'm not a ralph nader contributed to this, but we were down 120 points and doubled those losses on the dow. a lot of this has to be the china virus thing but it is escalating. sometimes i think the market will look for an excuse to sell but could there be something more afoot we are missing? >> i don't think so. but we do need some sort of pullback, whether that's 3% or 5%. that's healthy for a market. that comes in markets but for people watching at home, if you have a 401(k) plan or retirement plan that you gained 30% on last year, do you se

still ahead on squawk, consumer advocate ralph nader is going to join us to talk about boeing but stillth china. it's going to happen tomorrow. the key question would actually fix any trading problems take a look at shares of jp morgan city and wells fargo all reporting results this morning you're looking at citigroup and jpm up wells fargo off by close to 3%. you're watching wasquawk right w on cnbc. this is the age of expression. everyone has something to say. but in a world full of talking, shouldn't somebody be listening? so. let's talk. we are edward jones. with one financial advisor per office, we're built for hearing what's important to you. one to one. edward jones. it's time for investing to feel individual. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take you

pete: nathan, ralph nader, and he is this phrase where he says why did we have corporate globalization when we have civic globalization. in one of his 2000 speeches. one aspect of socialist international conflict is also struck these democratic institutions to more places. like having unions connect with each other. how he builds up these kind of left-wing models in more places. and use the u.s. news power to mandate good labor standards. nathan: things we care about. it raises a lot of questions. but actually use the amount of economic mites that we have. and some people are very cynical whether that's even possible. pete: next question. guest: you've written a lot about the different ways you can decide how to make decisions in a society. even the constitution wasn't an inclusive document. i'm interested in the question that at some level, at the end of this long part of social life, society is there still comfort and federal government or how or what way do you sort of tell people and what is the end result there. nathan: the question is at the end, even if there was more socialism

. >> yes i just wanted to say i have voted for democrats, republicans, i even voted for ralph nader. i am definitely voting republican after what chuck schumer and nancy pelosi and jerry nadler and adam schiff have done. i am ashamed to admit that i was democrat and i would never vote for them. the republican party has now come to the middle and they are the party of the people. >> bernie sanders, senator klobuchar and senator warren are all stuck in washington and they cannot hit they campaign trail. this indie rock concert is about to go under way. the public will be let in here at 6:00 p.m. eastern time. if the senate were to adjourn tonight, the impeachment trial and return to it next week, then he would be able to make it out here for this concert. we shall see. jack in georgia, a democratic caller. >> thank you for taking my call. i think joe biden has the most experience working with the obama administration for eight years to represent the democrats? other candidates are way too far left. joe biden is in the middle. i am a deer hunter and i don't believe in gun control for so

consider ralph nader arguing bloody donald opens his 2020 re-election campaign with a, quote, wag theog, which is a movie about a president distracting by using military powers. consider what donald trump said right before barack obama's re-election. in order to get reelected he'll start a war with iran, describing desperation to launch a strike. then there was this. >> our president will start a war with iran because he has absolutely no ability to negotiate. he's weak and he's ineffective. so, the only way he figures that he's going to get reelected and as sure as you're sitting there is to start a war with iran. >> i'm joined now by former obama diplomat and journalist bill richard stengel. nice to see you, sir. >> good to see you, ari. >> when you look at this situation, before you even decide the idea whether donald trump accuses others exists in his own mind, i don't know, what does it mean to have this tension between the foreign policy powers and the president awaiting trial? >> well, it's really kind of extraordinary. i mean in the sense that the second charge of the house an

yeah i mean - >> ralph nader disagrees. >> he is in a much better place, elon musk. >> does wednesdayr >> of course wednesday matters wednesday does matter. >> more than arguably ever >> i wouldn't say that he is in a good position he could have a bad quarter and be able to recover quickly from that. >> i just wanted to gate thought on that. >> trillion dollars according to somebody is one of the funniest things i've ever heard. >> that's kind of where we are let's do final trades. kate moore >> two spots, continuation of what i was saying a moment ago around chinese internet and chinese travel stocks. interesting because if we have a strong demand coming out of the new year i think we are going to be very well positioned for a rally. >> sorry thank you for being here josh brown >> mastercard staying long. >> health peak >> what do they do >> health care reit. >> thank you for watching. "the exchange" starts now. >>> thank you, scott surprise welcome to "the exchange." i'm bill the coronavirus continues to grow with more cases now being diagnosed here in the united states we have got

up with a package that allows people to claim they're being slightly independent or you take the ralph naderand hand the power off to john robtsds a roberts. and i don't think they would give up this ability to flex against each other in a final confrontation. >> jaia yamiche, i've got to say, the susan sol licollins th played at the top, virtue signaling. especially after her kavanaugh performance after claiming to pro choice for her entire career, that she would ever surprise any of they're voters in maine and actually hold donald trump accountable. >> well, she's really up against a lot of pressure here. republicans are really under lockstep with the president so you have someone like susan collins who has sounded like the conscience of the republican party a lot of dimes. especially if you're a democrat looking at her and listening to her. but she is someone who has voted pretty consistently in favor of the president. as a result, i think most people when they hear susan collins saying she's unhappy, jake sherman was right when she say, okay, you're unhappy but you're not making anything